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MIRA
INFORM REPORT
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Report No. : |
492007 |
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Report Date : |
16.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
TECNOFIL SA |
|
|
|
|
Registered Office : |
Cal. Isidro Bonifaz No. 471 (Costado de Senati), Independencia, Lima 28 |
|
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|
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Country : |
Peru |
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Date of Incorporation : |
04.04.1975 |
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|
|
|
Legal Form : |
Stock Company |
|
|
|
|
Line of Business : |
Transformation and
trade of non-ferrous metal products such as: alloy wires, copper profiles,
copper billets and zinc alloys for the galvanizing and injection industries. |
|
|
|
|
No. of Employees : |
372 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
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|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
|
Peru |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
PERU - ECONOMIC OVERVIEW
Peru's economy reflects its varied topography - an arid lowland coastal region, the central high sierra of the Andes, and the dense forest of the Amazon. A wide range of important mineral resources are found in the mountainous and coastal areas, and Peru's coastal waters provide excellent fishing grounds. Peru is the world's second largest producer of silver and copper.
The Peruvian economy grew by an average of 5.6% per year from 2009-13 with a stable exchange rate and low inflation. This growth was due partly to high international prices for Peru's metals and minerals exports, which account for 55% of the country's total exports. Growth slipped from 2014 to 2017, due to weaker world prices for these resources. Despite Peru's strong macroeconomic performance, dependence on minerals and metals exports and imported foodstuffs makes the economy vulnerable to fluctuations in world prices.
Peru's rapid expansion coupled with cash transfers and other programs have helped to reduce the national poverty rate by over 35 percentage points since 2004, but inequality persists and continued to pose a challenge for the Ollanta HUMALA administration, which championed a policy of social inclusion and a more equitable distribution of income. Poor infrastructure hinders the spread of growth to Peru's non-coastal areas. The HUMALA administration passed several economic stimulus packages in 2014 to bolster growth, including reforms to environmental regulations in order to spur investment in Peru’s lucrative mining sector, a move that was opposed by some environmental groups. However, in 2015, mining investment fell as global commodity prices remained low and social conflicts plagued the sector.
Peru's free trade policy continued under the HUMALA administration; since 2006, Peru has signed trade deals with the US, Canada, Singapore, China, Korea, Mexico, Japan, the EU, the European Free Trade Association, Chile, Thailand, Costa Rica, Panama, Venezuela, Honduras, concluded negotiations with Guatemala and the Trans-Pacific Partnership, and begun trade talks with El Salvador, India, and Turkey. Peru also has signed a trade pact with Chile, Colombia, and Mexico, called the Pacific Alliance, that seeks integration of services, capital, investment and movement of people. Since the US-Peru Trade Promotion Agreement entered into force in February 2009, total trade between Peru and the US has doubled. President Pedro Pablo KUCZYNSKI succeeded HUMALA in July 2016 and is focusing on economic reforms and free market policies aimed at boosting investment in Peru. Mining output increased significantly in 2016-17, which helped Peru attain one of the highest GDP growth rates in Latin America, and Peru should maintain strong growth in 2018. However, economic performance was depressed by delays in infrastructure mega-projects and the start of a corruption scandal associated with a Brazilian firm. Massive flooding in early 2017 also was a drag on growth, offset somewhat by additional public spending aimed at recovery efforts.
|
Source : CIA |
COMPANY NAME AND ADDRESS
|
COMPANY NAME |
TECNOFIL SA |
|
TAX ID. TYPE |
RUC |
|
TAX ID. NUMBER |
20100103223 |
|
CURRENT STATUS |
Active |
|
MAIN ADDRESS |
Cal. Isidro Bonifaz No. 471 (Costado de
Senati), Independencia |
|
CITY/PROVINCE/STATE |
Lima 28 |
|
PHONE NUMBER(S) |
(51-1) 613.9200 |
|
FAX NUMBER(S) |
(51-1) 613.9201 |
|
EMAIL |
|
|
WEBSITE |
|
|
REMARKS OF IDENTIFICATION |
This report was requested with company name:
TECHNOFIL SA, and address: Isidro Bonifas 471 Independencia Lima 31 Peru
South America, Peru. Please notice that the correct data is shown above. |
CREDIT OPINION |
|
Prestigious company deemed to be operating normally
in a competitive market. It is focused on the exportation area and has a good
relations with suppliers and banks. |
LEGAL INFORMATION
|
TYPE OF COMPANY |
Stock Company |
|
INCORPORATION DATE |
04/04/1975 |
|
REGISTERED IN |
Lima |
|
REGISTRY |
Card No. 6779, Certificate No. 01229656 of the
Registry of Legal Entities of Lima (17/04/1995) |
|
NOTARY |
Ricardo Ortiz De Zevallos |
|
DURATION |
Unlimited |
|
PAID UP CAPITAL |
S/.57,854,618.00 Soles |
|
DATE OF INCREASE |
December 2013 (latest known) |
|
SHARES VALUE |
S/.1.00 |
|
LISTED AT STOCK EXCHANGE |
NO |
BACKGROUND
The company was established on April 4th,
1975 being the founding shareholders Mr. Salvador Majluf Poza, Mr. Miguel
Majluf Abugosh and Mr. Salvador Majluf Cuneo.
On December 31st, 1984, TECNOFIL SA took
over the firm ALBRO SA acquiring all of its assets and liabilities.
LEGAL ASPECTS
The company owns 100% of the stake in TECNOFIL
CHENANGO SAC, a company incorporated in Peru and whose operations are carried
out in Sherbourne, New York – USA. The main activity of TECNOFIL CHENANGO is
the production and trade of copper wire rod for sale, mainly in the American
market.
It has 8 shareholders who control the 33.5% of shares
and 4 shareholders that control the remaining 66.5%.
It has Municipal License No. 11351 in order to
operate.
RELATED COMPANIES
|
COMPANY NAME |
TAX ID. NUMBER |
COUNTRY |
|
AUTOSERVICIOS LOS PORTALES SA |
RUC 20138470530 |
PERU |
|
TECNOFIL CHENANGO SAC |
RUC 20544043448 |
PERU |
BOARD OF DIRECTORS, EXECUTIVES AND SHAREHOLDERS
|
NAME |
JOB TITLE |
STAKE |
|
MAJLUF CUNEO SALVADOR, JUAN MIGUEL |
President |
|
|
AGUIRRE
ARRIZ, RICARDO ARISTIDES |
Director/Proxy |
|
|
MAJLUF
BRAHIM, MIGUEL MARTIN |
General
Manager/Proxy |
|
|
PASCAL
RENS, LOUIS |
Commercial Manager |
|
|
SARMIENTO ARAYA, ROBINSON OSCAR |
Finance Manager |
|
|
CICERO PEREIRA, DANIEL |
Manager |
|
|
BOBADILLA RAMIREZ, JOSE LORENZO |
Manager |
|
|
ATO GODOY, CARLOS MIGUEL |
Proxy |
|
|
MAJLUF BRAHIM, JOSE ANTONIO |
Proxy |
|
DATA OF BOARD OF DIRECTORS, EXECUTIVES AND SHAREHOLDERS
MAJLUF
CUNEO, SALVADOR JUAN MIGUEL
Peruvian,
ID No. 09375033. Date of birth: 10/09/1947. Businessman. Address: Juan Bardelli No. 171,
Pi. 4, Int. 2 0027 012, Ur. Stella Maris, Ancon. Phone: (51-1) 488.3101. He is
intended to participate in the following companies:
CASAS Y COSAS SA – Liquidator –
Peru
HOME COLORS SA (on sale) – General Manager – Peru
TECNOFIL CHENANGO SAC – Proxy – Peru
AGUIRRE ARRIZ, RICARDO ARISTIDES
Peruvian, ID No. 06521790.
MAJLUF BRAHIM, MIGUEL MARTIN
Peruvian, ID No. 10266857. Date of birth: 06/09/1965. Education:
St. Mary's University – USA (Industrial Engineering)
Universidad de Navarra – Spain (Master in Administration)
PASCAL RENS, LOUIS
Foreign citizen, Alien Reg. Card No. 000960058.
SARMIENTO
ARAYA, ROBINSON OSCAR
Peruvian,
ID No. 09241889.
CICERO PEREIRA, DANIEL
Foreign citizen, Alien Reg. Card No. 000877118.
BOBADILLA
RAMIREZ, JOSE LORENZO
Peruvian,
ID No. 09462195.
ATO
GODOY, CARLOS MIGUEL
Peruvian,
ID No. 06711603.
MAJLUF
BRAHIM, JOSE ANTONIO
Peruvian,
ID No. 09866775.
OPERATIONS
|
SECTOR |
C- Manufacturing Industries |
|
ACTIVITY |
Transformation of non-ferrous metal products |
|
ISIC CATEGORY |
24- Manufacture of base metals |
|
ISIC CLASS |
2432- Smelting of non-ferrous metals |
|
MAIN ACTIVITY |
Transformation and trade of non-ferrous metal
products such as: alloy wires, copper profiles, copper billets and zinc
alloys for the galvanizing and injection industries. |
|
% SALES IN CASH |
60% |
|
% SALES ON CREDIT |
40% (terms at 30, 60 days) |
|
% TERRITORY OF SALES |
20% (domestic market) |
|
% FOREIGN SALES |
80% |
|
N. OF EMPLOYEES |
372 |
LOCATION
ADMINISTRATIVE OFFICE & PRODUCTION PLANT: Located
at the heading address, in industrial zone of the city of easy access. Premises
with an area of 3,000 sq.m. The administrative area has 2 levels.
Former address: Jr. San
Lorenzo No. 855, Int. 3, Urb. Surquillo, Surquillo.
PRODUCTION HEADQUARTERS:
Calle Isidro Bonifaz No. 441, Z.I.
Panamericana Norte (al costado de Senati), Independencia.
Jr. Las Manufacturas No. 170, Urb. Pro (Zona
Industrial Sector VI Comas), Comas.
COMMENTS OF OPERATIONS
CORPORATE PURPOSE: Its main activity is the
production, local trade and export of non-ferrous products derived from copper
such as wire, brass and others, as well as copper alloys and other non-ferrous
alloys and, in general, all kind of products based on non-ferrous metals and
other related products.
It operates directly.
Main clients:
COLDESA PERU SAC
COMETA SAS (Colombia)
DURACELL
ENEL PERU SA
FABRICA DE ENVASES SA – FADESA (Ecuador)
FABRICABLES SA (Ecuador)
GLORIA SA
LUZ DEL SUR SAA
MAHESHWARI WIRES PVT LTD. (India)
MONARCH METALS INC. (USA)
NESTLE PERU SA
POWER MFG. LLC (USA)
PROMOTORES ELECTRICOS SA
TECSUR SA
UNIMETAL METAL SUPPLY INC. (USA), among others.
Main competitors:
CEPER CABLES SA
INDECO SA
METALCO SAC, among others.
It mainly sells in the international market. Exporting
its products to diverse countries: USA, Taiwan, Ecuador, Peru, among others.
It has the following quality certifications:
BASC (Security Management System in International
Trade)
ISO 14000:2004 (Environmental Management System)
ISO 9001:2008 (Quality Management System)
OSHAS 18001:2007 (Occupational Health and Safety
Management System)
It imports cathodes and cathode sections, copper
refractory, copper waste and scrap, benches for drawing bars, tubes, profiles,
nickel, not extruded, extruding or stretching lines, machinery parts and parts.
Imports are made against direct credit at 30 and 60 days.
It exports copper wire, copper sheets and strip,
copper alloys, among others.
FOREIGN TRADE
|
|
IMPORTS |
|
YEAR |
2018 |
|
AMOUNT |
US$217,820.93 |
|
COUNTRIES |
Finland, Indonesia, Germany, Brazil, Poland, Japan,
USA, UK, South Korea, Italy |
|
OPERATIONS |
16 |
|
|
IMPORTS |
|
YEAR |
2017 |
|
AMOUNT |
US$4,937,040.63 |
|
COUNTRIES |
Finland, Indonesia, Germany, Brazil, Poland, Japan,
USA, UK, South Korea, Italy |
|
OPERATIONS |
262 |
|
|
IMPORTS |
|
YEAR |
2016 |
|
AMOUNT |
US$8,760,373.58 |
|
COUNTRIES |
Finland, Indonesia, Germany, Brazil, Poland, Japan,
USA, UK, South Korea, Italy |
|
OPERATIONS |
288 |
|
|
IMPORTS |
|
YEAR |
2015 |
|
AMOUNT |
US$7,244,011.31 |
|
COUNTRIES |
Chile, USA, UK, Germany, Brazil, Japan, South Korea |
|
OPERATIONS |
275 |
|
|
IMPORTS |
|
YEAR |
2014 |
|
AMOUNT |
US$6,837,039.54 |
|
COUNTRIES |
Chile, USA, UK, Germany, Brazil, Japan, South Korea |
|
OPERATIONS |
283 |
|
|
EXPORTS |
|
YEAR |
2017 |
|
AMOUNT |
US$37,065,599.64 |
|
COUNTRIES |
USA, Taiwan, Ecuador,
Argentina, Mexico, Netherlands, Italy, Puerto Rico, Colombia, Canada |
|
OPERATIONS |
611 |
|
|
EXPORTS |
|
YEAR |
2016 |
|
AMOUNT |
US$37,418,051.78 |
|
COUNTRIES |
USA, Taiwan, Ecuador,
Argentina, Mexico, Netherlands, Italy, Puerto Rico, Colombia, Canada |
|
OPERATIONS |
364 |
|
|
EXPORTS |
|
YEAR |
2015 |
|
AMOUNT |
US$168,637,797.37 |
|
COUNTRIES |
USA, Taiwan, Ecuador,
Argentina, Mexico, Netherlands, Italy, Puerto Rico, Colombia, Canada |
|
OPERATIONS |
1,436 |
|
|
EXPORTS |
|
YEAR |
2014 |
|
AMOUNT |
US$201,189,076.36 |
|
COUNTRIES |
USA, Taiwan, Ecuador,
Argentina, Mexico, Netherlands, Italy, Puerto Rico, Colombia, Canada |
|
OPERATIONS |
1,343 |
FINANCIAL INFORMATION
In recent interview, Mr. Robinson
Oscar Sarmiento Araya (Finance Manager) furnished commercial information about the company,
except for financial statements on grounds of confidentiality.
No current financial statements were obtained.
FINANCIAL COMMENTS
Sales in 2016:
US$175,200,000.00 Dollars.
Sales in 2015:
US$200,000,000.00 Dollars.
In 2002, the company
received a loan for US$5,000,000.00 by CORPORACION INTERAMERICANA DE
INVERSIONES (member of the BID Group), intended to expand and modernize its
copper products factory. Thus, achieving greater productive efficiency that
will allow it to increase its sales volume and increase exports by about US$14
million annually.
It registers a
production of more than 5,500 tons per year.
FIXED ASSETS
The company owns (02)
hot rolling mills, 1 for copper rods and the other for copper strips, brass
wire making equipment, an extruder machine and a rolling machine, a
silver-plated and tinned plant, metallographic traction meters, 1000
amplification microscopes, a tester of hardness, office furniture and ensuring,
computer equipment, vehicle fleet, among others.
INSURANCE
The company takes out
multi-risk insurance policies with EL PACIFICO PERUANO-SUIZA CIA. DE SEGUROS Y
REASEGUROS SA through its broker MERCANDISA SA CORREDORES DE SEGUROS.
(Unspecified coverage amounts and maturity dates).
PAYMENTS REFERENCES
|
SUPPLIER |
NATIONAL |
|
START OF THE BUSINESS |
8 years ago |
|
CREDIT LIMIT |
No current operations limit |
|
MONTHLY SALES |
US$10,000.00 approx. |
|
CREDIT TERMS |
Terms at 30 days |
|
PRODUCTS/SERVICES |
Customs clearance |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits. Supplier: A. HARTRODT ADUANAS SAC |
|
SUPPLIER |
NATIONAL |
|
START OF THE BUSINESS |
Many years ago |
|
CREDIT LIMIT |
No current operations limit |
|
CREDIT TERMS |
Terms at 30 days |
|
PRODUCTS/SERVICES |
Customs clearance |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits. Supplier: AGENCIA DE ADUANA CACERES EIRL |
|
SUPPLIER |
NATIONAL |
|
START OF THE BUSINESS |
2014 |
|
CREDIT LIMIT |
S/.112,000.00 |
|
CREDIT TERMS |
Terms at 15, 30 days |
|
PRODUCTS/SERVICES |
Customs clearance |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits. Supplier: CEVA PERU ADUANAS SAC |
|
SUPPLIER |
NATIONAL |
|
START OF THE BUSINESS |
Many years ago |
|
CREDIT LIMIT |
No current operations limit |
|
CREDIT TERMS |
Terms at 30 days |
|
PRODUCTS/SERVICES |
Customs clearance |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits. Supplier: ENVASES
INDUSTRIALES SA |
|
SUPPLIER |
NATIONAL |
|
START OF THE BUSINESS |
20 years ago |
|
CREDIT LIMIT |
S/.100,000.00 |
|
CREDIT TERMS |
Terms at 15, 30 days |
|
PRODUCTS/SERVICES |
Customs clearance |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits. Supplier: SC ZAVALA
SAC AGENTES DE ADUANAS |
|
SUPPLIER |
NATIONAL |
|
START OF THE BUSINESS |
Many years ago |
|
CREDIT LIMIT |
No current operations limit |
|
CREDIT TERMS |
Terms at 12, 30 days |
|
PRODUCTS/SERVICES |
Logistic service |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits. Supplier: SCHARFF LOGISTICA INTEGRADA SA |
|
SUPPLIER |
NATIONAL |
|
START OF THE BUSINESS |
2 years ago |
|
CREDIT LIMIT |
US$5,000.00 |
|
CREDIT TERMS |
Terms at 15, 30 days |
|
PRODUCTS/SERVICES |
Customs clearance |
|
RATING COMMENTS |
PROMPT |
|
COMMENTS |
Payments through bank deposits. Supplier: TLI ADUANAS SAC |
|
LOCAL SUPPLIERS |
Phone Number |
Contact Name |
|
3M PERU SA |
(51-1) 224.2728 |
Rosa
Palsa |
|
A. HARTRODT ADUANAS SAC |
(51-1)
614.9090 |
Patricia
Fabero |
|
AGENCIA DE
ADUANA CACERES EIRL |
(51-1)
719.2466 |
Rossi
Grados |
|
CEVA PERU ADUANAS SAC |
(51-1)
615.4500 |
Israel
Vílchez |
|
CHINALCO PERU SA |
(51-1) 708.8000 |
|
|
CIA DE MINAS BUENAVENTURA SAA |
(51-1)
419.2500 |
|
|
CIA. MINERA ANTAMINA SA |
(51-1)
217.3000 |
Roxana
Mejía |
|
DHL EXPRESS
ADUANAS PERU SAC |
(51-1)
575.4433 |
Víctor
Gálvez |
|
ENVASES INDUSTRIALES SA |
(51-1)
429.1930 |
Adela
del Castillo |
|
ESPLENDOR SAC
AGENCIA DE ADUANAS – ESSAC AGENCIA DE ADUANA |
(51-1)
565.7686 |
Susana
Hinostroza |
|
JOSE ALFONSO
SILVA LOPEZ SA |
(51-1)
613.8400 |
|
|
LIMA GAS SA |
(51-1)
215.9300 |
|
|
RODOLFO
BUSTAMANTE SA – AGENTES DE ADUANA |
(51-1)
201.7290 |
|
|
SC ZAVALA SAC
AGENTES DE ADUANAS |
(51-1)
451.9566 |
Marilu
Lozano |
|
SCHARFF LOGISTICA INTEGRADA SA |
(51-1)
517.1650 |
Jose
Moret |
|
SOCIEDAD MINERA CERRO VERDE SAA |
(51-54)
381.515 |
|
|
SOUTHERN PERU COOPER CORPOARTION SUCURSAL PERU |
(51-1) 512.0440 |
|
|
TLI ADUANAS SAC |
(51-1)
613.6100 |
Guillermo
Diaz |
|
FOREIGN SUPPLIERS |
Country |
Phone Number |
|
EMPRESA MINERA MANTOS BLANCOS
SA |
Chile |
|
|
OUTOKUMPU HOLTON |
UK |
(44-12) 258.1881 |
|
SANDVIK ESPAÑOLA SA |
Spain |
(34-935) 717.500 |
|
TOYO TANSO USA INC. |
USA |
(1-503) 661.7700 |
COMMENTS OF SUPPLIERS
Other consulted suppliers do not provide information
regarding their clients on grounds of confidentiality.
BANKS
|
Bank Name |
Country |
|
BANCO DE CREDITO DEL PERU SA |
Peru |
|
BANCO
FINANCIERO DEL PERU SA |
Peru |
|
BANCO GNB PERU SA |
Peru |
|
BANCO INTERAMERICANO DE
FINANZAS SA – BANBIF |
Peru |
|
BANCO INTERNACIONAL DEL PERU
SAA – INTERBANK |
Peru |
|
BANCO SANTANDER PERU SA |
Peru |
|
BBVA BANCO CONTINENTAL SA |
Peru |
|
ICBC PERU BANK |
Peru |
|
SCOTIABANK PERU SAA |
Peru |
BANK REFERENCES
Consulted banks do not provide information of their
clients on grounds of confidentiality.
LITIGATIONS
No lawsuits were filed against the company.
SUPERINTENDENCY
According to the latest bulletin as of 31/12/2017
issued by the Bank and Insurance Superintendency, the company receives a
qualification of 100% NORMAL, based on the following information:
Corporate credits
Foreign trade credits S/.79,404,500.00
Lease Back S/.27,834,794.00
Loans S/.24,175,897.00
Credit cards S/.26,884.00
Accrued current credit interests S/.333,446.00
------------------------------------------------------------------------------------
TOTAL DEBT S/.131,775,521.00
GUARANTEES S/.83,848,380.00
------------------------------------------------------------------------------------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.92 |
|
|
1 |
INR 89.55 |
|
Euro |
1 |
INR 79.68 |
|
PEN |
1 |
INR 19.69 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
SYL |
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.