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MIRA INFORM REPORT
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Report No. : |
491869 |
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Report Date : |
14.02.2018 |
IDENTIFICATION DETAILS
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Name : |
THERMO FISHER SCIENTIFIC INDIA PRIVATE LIMITED (w.e.f. 02.09.2009) |
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Formerly Known
As : |
THERMO ELECTRON LLS INDIA PRIVATE LIMITED |
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Registered
Office : |
403-404, B-Wing, Delphi, Hiranadani Business Park, Powai, Mumbai –
400072, Maharashtra |
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Tel. No.: |
91-22-67162200 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
31.05.2000 |
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Com. Reg. No.: |
11-126872 |
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Capital
Investment / Paid-up Capital : |
INR 145.295 Million |
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CIN No.: [Company Identification
No.] |
U73100MH2000PTC126872 |
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IEC No.: |
0300061374 |
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GSTIN : |
Not Divulged |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Divulged |
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PAN No.: [Permanent Account No.] |
AABCT3207A |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
· Manufacturing of Laboratory Analytical and Industrial Process Control Equipments. · Trading of scientific, medical and surgical machinery and equipment, Chemicals. · Service Repairs, Maintenance and Installation of industrial machinery and equipment (Registered Activity) |
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No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A++ |
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Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is a subsidiary of ‘Thermo Fisher India Holding BV’, Netherlands and was incorporated on 31st May 2000. The company is engaged in providing laboratory solutions and manufacturing laboratory products. It offers chemicals, diagnostics, lab supplies, instrumentation and other products.
|
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
Not Available |
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Rating |
Not Available |
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Rating Explanation |
Not Available |
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Date |
Not Available |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2016.
BIFR (Board for Industrial & Financial Reconstruction) LISTING
STATUS
Subject’s name is not listed as a Sick Unit in
the publicly available BIFR (Board for Industrial & Financial
Reconstruction) list as of 14.02.2018
IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS
Subject’s name is not listed in the publicly
available IBBI (Insolvency and Bankruptcy Board of India) list as of report
date.
INFORMATION DECLINED
Management non-cooperative (Tel No.: 91-22-67162200)
LOCATIONS
|
Registered Office : |
403-404, B-Wing, Delphi, Hiranadani Business Park, Powai, Mumbai –
400072, Maharashtra, India |
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Tel. No.: |
91-22-67162200 |
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Fax No.: |
91-22-67162244 |
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E-Mail : |
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Website : |
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Head Office : |
102, 104, Delphi, “C” Wing, Hiranandani Business Park, Powai Mumbai -
400076, Maharashtra |
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Branch Offices : |
Located at: · Ahmedabad · Hyderabad · Bangalore · Pune · Chennai · Kolkata ·
Noida ·
Vadodara
|
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Amit Chopra |
|
Designation : |
Managing director |
|
Address : |
Flat No. 104, Building No. 55, Seawood Estate, Phase 2, NRI Complex,
Nerul, Sector 54-56-58, Navi Mumbai – 400706, Maharashtra, India |
|
Date of Birth/Age : |
02.12.1965 |
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Date of Appointment : |
07.03.2011 |
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DIN No.: |
01829073 |
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|
|
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Name : |
Mr. Arvind Raghunath Sonawane |
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Designation : |
Director |
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Address : |
Flat No B-11003, Shreeji Ville Opposite Nitin Casting Company,
Panchpakhadi, Thane – 400602, |
|
Date of Birth/Age : |
01.06.1951 |
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Date of Appointment : |
31.12.2008 |
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PAN No.: |
AHQPS0583B |
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DIN No.: |
00312102 |
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|
|
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Name : |
Mr. Pramod Kabra |
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Designation : |
Director |
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Address : |
Flat No. 801, Shri Hari Complex Plot No. 20, Sector 7, Ghansoli, Mumbai – 407001, Maharashtra, India |
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Date of Birth/Age : |
01.08.1972 |
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Date of Appointment : |
06.05.2016 |
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DIN No.: |
01714075 |
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Name : |
Mr. Balchandra Sundar Kotian |
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Designation : |
Director |
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Address : |
Flat No. 04, S. No. 799, Kavita Kunj Co-operative Housing Society
Limited, Chowk No. 4, Govind Nagar, Nashik-422009, Maharashtra, India |
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Date of Birth/Age : |
24.01.1958 |
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Date of Appointment : |
06.12.2013 |
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DIN No.: |
06608417 |
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|
|
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Name : |
Mr. Shankar Krishnamoorthy |
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Designation : |
Director |
|
Address : |
Flat No. 9, Building No. 1, Twinkle Star Cooperative
Housing Society, Ghatla Village Road, Chembur, Mumbai - 400071, Maharashtra,
India |
|
Date of Appointment : |
07.10.2014 |
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Date of Birth: |
17.05.1972 |
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DIN No.: |
06988237 |
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|
|
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Name : |
Mr. Rajeev Sharma |
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Designation : |
Director |
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Address : |
C 122, Belvedere Tower, DLF City, Phase 2, Gurugram -
122002, Haryana, India |
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Date of Appointment : |
12.11.2014 |
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Date of Birth: |
12.02.1969 |
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DIN No.: |
07011877 |
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Name : |
Mr. Kapil Dev Khullar |
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Designation : |
Director |
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Address : |
Flat No. 1102 Bougainvillea Tropical Lagoon, Kavesar, Thane - 400607, Maharashtra, India |
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Date of Birth: |
02.04.1968 |
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Date of Appointment : |
24.11.2015 |
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DIN No.: |
07320818 |
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Name : |
Mr. Manish Purshotam Sanghai |
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Designation : |
Director |
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Address : |
101, Ashish Apts, J.B. Nagar, Opposite Monarch Nagar Andheri (East), J.B. Nagar, Mumbai-400059, Maharashtra, India |
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Date of Birth: |
08.01.1980 |
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Date of Appointment : |
05.10.2016 |
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DIN No.: |
07622101 |
KEY EXECUTIVES
|
Name : |
Mr. Arvind Raghunath Sonawane |
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Designation : |
Company Secretary |
|
Address : |
Flat No. B-11003, 11th Floor, Shreeji Ville, Opposite
Nitin Casting Company, Panchpakhadi, Thane, 400602, Maharashtra, India |
|
Date of Appointment : |
28.09.2008 |
|
DIN No.: |
AHQPS0583B |
MAJOR SHAREHOLDERS
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Thermo Fisher India Holding BV, |
|
10909921 |
|
Dionex Corporation, USA |
|
3231109 |
|
Phadia Holding AB, Sweden |
|
387779 |
|
Thermo Electron LED GmbH, Germany |
|
465 |
|
Thermo Fisher Scientific Inc., USA |
|
234 |
|
Phadia AB, Sweden |
|
1 |
|
Total |
|
14529509 |
Equity Share Break up (Percentage of Total Equity)
As on 29.09.2017
|
Category |
Percentage |
|
Promoters (Body corporate) |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
· Manufacturing of Laboratory Analytical and Industrial Process Control Equipments. · Trading of scientific, medical and surgical machinery and equipment, Chemicals. · Service Repairs, Maintenance and Installation of industrial machinery and equipment (Registered Activity) |
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Products / Services
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Information denied by the management |
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Bankers : |
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Auditors : |
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Name : |
Price Waterhouse and Co LLP Chartered Accountants |
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Address : |
252, Veer Savarkar Marg, Shivaji Park, Dadar (West), Mumbai – 400028, Maharashtra, India |
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Income-tax
PAN of auditor or auditor's firm : |
AADFP9359C |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Holding company : |
Thermo Fisher India Holding BV Netherlands, Netherlands |
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Ultimate Holding
company : |
Thermo Fisher Scientific Inc., United States |
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Fellow Subsidiary
companies : |
· Dionex Softron GmbH · Thermo Fisher Scientific GmbH · Acros Organics BVBA · Fisher Scientific Company LLC, Suwanee · Thermo Fisher Scientific (Bremen) GmbH · Thermo Hypersil-Keystone LLC · Thermo Onix Limited · Thermo Electron Manufacturing Limited · Thermo Scientific · Microbiolody Sdn Bhd · Thermo Fisher Scientific (Johannesburg) (Proprietary) Limited · Thermo Electron North America LLC · Thermo Electron Scientific Inst LLC · Phadia AB · Thermo Fisher · Scientific Korea · Thermo Fisher · Scientific Taiwan Co, Limited · Fisher Scientific Holdings (M) Sdn Bhd · Thermo Fisher Scientific K.K. · Thermo Fisher Scientific Australia Pty Limited · Fisher Scientific Co. LLC · Thermo Electron Corporation · Brahms GmbH · Erie Scientific LLC · Eutech Instruments Pte Limited · Fisher Biopharma Services (India) Private Limited · Fisher Scientific Company LLC · Fisher Scientific Pte Limited · Dionex Corporation · Fisher Scientific UK Limited · Life Technologies Coorporation · La-Pha-Pack GmbH · Maybridge Limited · Microgenics Corporation · Molecular Bio products Inc. · Nalge Nunc International Inc. · National Scientific Company · Oxoid Limited · Richard Allan Scientific · Thermo Eberline LLC · Thermo EGS Gauging, Inc. · Thermo Electron (Karlsruhe) GmbH · Thermo Fisher Scientific Oy · Thermo Electron Scientific Inst Llc · Thermo Fisher Scientific B.V. · Thermo Fisher Scientific (Asheville) LLC · Pierce Biotechnology, Inc · Thermo Fisher Scientific (Ecublens) SARL · Thermo Fisher Scientific (China) Co Limited · Thermo Finnigan LLC · Thermo Fisher Scientific Messtechnik GmbH · Thermo Fisher Scientific (nunc a/s) · Thermo Fisher Scientific wissenschaftliche Gerate GmbH · Thermo Fisher Scientific SpA · Thermo Environmental Instruments Inc. · Thermo Gamma - Metrics Pty Limited · Thermo Gamma-Metrics LLC · Thermo LabSystems Inc. · Thermo Process Instruments LP · Thermo Ramsey Inc. · Thermo Scientific Portable Analytical Instruments · Thermo Shandon Limited · Thermo Fisher Scientific Baltics UAB · Fisher Scientific Korea Limited · Alfa Aesar (China) Chemical Company Limited · Thermo Electron Limited · Fisher Diagnostics · Phadia Korea Co Limited · Chase Scientific Glass · Thermo Fisher Scientific Pte Limited · Life Technologies Holdings Pte Limited · ThermoQuest S.A. · Avocado Research Chemical Limited · Thermo Fisher Scientific Chemicals Inc. · Thermo Fisher (Kandel) GmbH · Thermo Fisher Scientific (Hong Kong) Limited · Thermo Ramsey Italia S.r.l. · EP Scientific Products, LLC · Sterlin Limited · Thermo Orion Inc. · Invitrogen Bioservices India Private Limited · Thermo Fisher Scientific (Shanghai) Instruments Company Limited · Thermo Fisher Scientific (Suzhou) Instruments Co Limited · Fermentas Inc · Fisher Clinical Services · Fisher Scientific UK Limited · Thermo Electron LED GmbH · Thermo Fisher Scientific (Shanghai) Instruments Co. Limited · Life Technologies Corporation, Carlsbad · ONE LAMBDA, INC · Thermo Fisher Scientific Inc India Branch Office · Thermo Onix Limited · Thermo Scientific Portable Analytical Instruments, Group Office · VG Systems Limited |
CAPITAL STRUCTURE
As on 29.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
16100000 |
Equity Shares |
INR 10/- each |
INR 161.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
14529509 |
Equity Shares |
INR 10/- each |
INR 145.295 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
145.295 |
145.295 |
114.511 |
|
(b) Reserves and Surplus |
2351.980 |
2201.665 |
1182.520 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
2497.275 |
2346.960 |
1297.031 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
3.117 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
462.947 |
292.437 |
241.090 |
|
Total Non-current
Liabilities (3) |
462.947 |
292.437 |
244.207 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
1234.363 |
1418.276 |
1934.253 |
|
(c) Other
current liabilities |
670.807 |
661.921 |
603.362 |
|
(d) Short-term
provisions |
100.934 |
87.407 |
73.736 |
|
Total Current
Liabilities (4) |
2006.104 |
2167.604 |
2611.351 |
|
|
|
|
|
|
TOTAL |
4966.326 |
4807.001 |
4152.589 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
107.639 |
108.366 |
95.689 |
|
(ii)
Intangible Assets |
491.313 |
607.699 |
8.290 |
|
(iii) Tangible assets
capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
299.748 |
279.117 |
243.149 |
|
(e) Other
Non-current assets |
43.758 |
25.971 |
67.346 |
|
Total Non-Current
Assets |
942.458 |
1021.153 |
414.474 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
912.205 |
897.668 |
736.664 |
|
(c) Trade
receivables |
1799.198 |
2027.464 |
1809.615 |
|
(d) Cash and
bank balances |
869.120 |
452.121 |
881.558 |
|
(e)
Short-term loans and advances |
212.577 |
265.765 |
278.193 |
|
(f) Other
current assets |
230.768 |
142.830 |
32.085 |
|
Total Current
Assets |
4023.868 |
3785.848 |
3738.115 |
|
|
|
|
|
|
TOTAL |
4966.326 |
4807.001 |
4152.589 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Revenue
from operations |
7248.437 |
6582.850 |
5653.397 |
|
|
Other Income |
84.372 |
143.519 |
100.535 |
|
|
TOTAL |
7332.809 |
6726.369 |
5753.932 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
1480.093 |
1569.855 |
1437.322 |
|
|
Purchases of Stock-in-Trade |
2623.084 |
2278.049 |
1797.434 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(49.847) |
(73.496) |
(80.381) |
|
|
Employee benefit expense |
1457.988 |
1297.990 |
1219.613 |
|
|
Other expenses |
1379.698 |
1568.343 |
1150.822 |
|
|
Exceptional items |
121.135 |
(30.750) |
(439.537) |
|
|
TOTAL |
7012.151 |
6609.991 |
5085.273 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
320.658 |
116.378 |
668.659 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
8.625 |
11.219 |
16.579 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
312.033 |
105.159 |
652.080 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
161.717 |
102.735 |
46.346 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
150.316 |
2.424 |
605.734 |
|
|
|
|
|
|
|
Less |
TAX |
0.000 |
(0.842) |
(13.514) |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
150.316 |
3.266 |
619.248 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
1222.756 |
1138.598 |
1067.083 |
|
|
TOTAL EARNINGS |
1222.756 |
1138.598 |
1067.083 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
251.391 |
266.203 |
202.705 |
|
|
Components and spare
parts |
1925.479 |
1708.566 |
1328.791 |
|
|
Capital Goods |
0.528 |
1.620 |
4.207 |
|
|
TOTAL IMPORTS |
2177.399 |
1976.388 |
1535.703 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
10.35 |
0.25 |
54.08 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
0.000 |
0.000 |
0.000 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
483.091 |
(440.827) |
999.867 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
90.60 |
112.42 |
116.83 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
4.03 |
3.25 |
3.12 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
109.80 |
134.53 |
218.26 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.35 |
0.13 |
0.91 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.54 |
0.16 |
6.43 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.40 |
0.45 |
0.63 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities
/ Net Worth) |
0.80 |
0.92 |
2.01 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.24 |
0.31 |
0.08 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
37.18 |
10.37 |
40.33 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
2.07 |
0.05 |
10.95 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
3.03 |
0.07 |
14.91 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
6.02 |
0.14 |
47.74 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
2.01 |
1.75 |
1.43 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
1.55 |
1.33 |
1.15 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.50 |
0.49 |
0.31 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.00 |
0.00 |
0.03 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
2.01 |
1.75 |
1.43 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are in
INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Share Capital |
114.511 |
145.295 |
145.295 |
|
Reserves & Surplus |
1182.520 |
2201.665 |
2351.980 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
1297.031 |
2346.960 |
2497.275 |
|
|
|
|
|
|
Long-term borrowings |
3.117 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Current maturities of
long-term debts |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
3.117 |
0.000 |
0.000 |
|
Debt/Equity
ratio |
0.002 |
0.000 |
0.000 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
5653.397 |
6582.850 |
7248.437 |
|
|
|
16.441 |
10.111 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
5653.397 |
6582.850 |
7248.437 |
|
Profit/ (Loss) |
619.248 |
3.266 |
150.316 |
|
|
10.95
% |
0.05
% |
2.07
% |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check List by Info Agents |
Available in
Report (Yes / No) |
|
1] |
Year of establishment |
Yes |
|
2] |
Constitution of the entity Incorporation
details |
Yes |
|
3] |
Locality of the entity |
Yes |
|
4] |
Premises details |
No |
|
5] |
Buyer visit details |
-- |
|
6] |
Contact numbers |
Yes |
|
7] |
Name of the person contacted |
No |
|
8] |
Designation of contact person |
No |
|
9] |
Promoter’s background |
Yes |
|
10] |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11] |
Pan Card No. of Proprietor / Partners |
Yes |
|
12] |
Voter Id Card No. of Proprietor / Partners |
No |
|
13] |
Type of business |
Yes |
|
14] |
Line of Business |
Yes |
|
15] |
Export/import details (if applicable) |
No |
|
16] |
No. of employees |
No |
|
17] |
Details of sister concerns |
Yes |
|
18] |
Major suppliers |
No |
|
19] |
Major customers |
No |
|
20] |
Banking Details |
No |
|
21] |
Banking facility details |
No |
|
22] |
Conduct of the banking account |
-- |
|
23] |
Financials, if provided |
Yes |
|
24] |
Capital in the business |
Yes |
|
25] |
Last accounts filed at ROC, if applicable |
Yes |
|
26] |
Turnover of firm for last three years |
Yes |
|
27] |
Reasons for variation <> 20% |
-- |
|
28] |
Estimation for coming financial year |
No |
|
29] |
Profitability for last three years |
Yes |
|
30] |
Major shareholders, if available |
Yes |
|
31] |
External Agency Rating, if available |
No |
|
32] |
Litigations that the firm/promoter
involved in |
-- |
|
33] |
Market information |
-- |
|
34] |
Payments terms |
No |
|
35] |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX
OF CHARGES
|
S No |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Amount |
Address |
|
1 |
C40251753 |
10542642 |
The Hongkong and Shanghai Banking Corporation Limited |
07/01/2015 |
150000000.0 |
52/60 MAHATMA GANDHI ROAD, FORT MUMBAI MAHARASHTRA 400001 INDIA |
|
2 |
Y10492341 |
90364583 |
UNION BANK OF INDIA |
17/06/2002 |
4500000.0 |
VIKHROLI BRANCHL.B.S. MARG MUMBAI MAHARASHTRA INDIA |
|
3 |
Y10492334 |
90364576 |
UNION BANK OF INDIA |
02/05/2002 |
1600000.0 |
VIKHROLI BRANCHL.B.S. MARG MUMBAI MAHARASHTRA INDIA |
CONTINGENT
LIABILITIES:
|
PARTICULARS |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Claims against company not acknowledged as debt |
7.190 |
7.190 |
|
Total |
7.190 |
7.190 |
FIXED ASSETS
· Land
· Buildings
· Plant and equipment
· Furniture and fixtures
· Motor vehicles
· Office equipment
· Computer equipments
· Other equipments
· Goodwill
· Brands and trade marks
· Computer software
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners, controlling
shareholders or senior officers as terrorist or terrorist organization or whom
notice had been received that all financial transactions involving their assets
have been blocked or convicted, found guilty or against whom a judgement or
order had been entered in a proceedings for violating money-laundering,
anti-corruption or bribery or international economic or anti-terrorism sanction
laws or whose assets were seized, blocked, frozen or ordered forfeited for
violation of money laundering or international anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper payments
to government officials for engaging in prohibited transactions or with
designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record exists
to suggest that any director or indirect owners, controlling shareholders,
director, officer or employee of the company is a government official or a
family member or close business associate of a Government official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws, regulations
or policies that prohibit, restrict or otherwise affect the terms and
conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
INR |
|
US Dollar |
1 |
INR 64.28 |
|
UK Pound |
1 |
INR 89.02 |
|
Euro |
1 |
INR 78.93 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRT |
|
|
|
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
JYTK |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.
·