|
|
|
MIRA INFORM REPORT
|
Report No. : |
490449 |
|
Report Date : |
19.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
UNITED BIOTECH PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
E-142, Saket, New Delhi – 110017 |
|
Tel. No.: |
91- 11-66611100 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
31.01.1997 |
|
|
|
|
Com. Reg. No.: |
55-084814 |
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|
|
|
Capital Investment
/ Paid-up Capital : |
INR 45.363 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24239DL1997PTC084814 |
|
|
|
|
IEC No.: |
0596068514 |
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|
|
|
TIN No.: |
07860192932 |
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|
|
|
GSTIN No.: |
07AAACU1839L1Z4 |
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|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
|
PAN No.: [Permanent Account No.] |
AAACU1839L |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
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|
|
|
Line of Business
: |
Manufacturing of allopathic Pharmaceuticals preparations
(Registered Activity). |
|
|
|
|
No. of Employees
: |
Information denied by the management |
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+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Maximum Credit Limit : |
USD 17750000 |
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|
|
|
Status : |
Good |
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|
|
|
Payment Behaviour : |
Regular |
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|
|
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Litigation : |
Clear |
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|
|
|
Comments : |
Subject was incorporated in the year 1997 and is engaged in manufacturing pharmaceutical products. It offers critical care division, copas division, antifungal drug, palliative care products, specialty division, hygea division, lifesaving drug, infertility products, cardiovascular drug, anti-cancer drugs, diuretics drugs and immuno suppressants. Management has failed to file its financials for the year 2017 with Government Registry. As per available financials for year 2016, the company has achieved fair growth in its revenue as compared to previous year and has maintained decent profitability margin during the year. Rating take into consideration, the strong financial profile on back of low financial leverage with favorable capital structure and comfortable liquidity parameters. Rating also takes into account of strong financial and managerial support that company receives from its holding entity backed by its well experienced management team. However, rating strength partially offset by vulnerability of its operating margins to volatility in raw material prices and working capital intensive operations. Payments seems to be regular and as per commitment. In view of aforesaid, the company can be considered good for normal business dealings at usual trade terms and conditions. |
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) |
|
India |
A1 |
A1 |
|
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 |
EXTERNAL AGENCY RATING
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 19.02.2018.
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 DENIED
MANAGEMENT NON-COOPERATIVE (Tel No.: 91- 11-66611100) (Mobile No
.91-9560313831)
LOCATIONS
|
Registered Office : |
E-142, Saket, New Delhi – 110017, India |
|
Tel. No.: |
91-11-26855082/
40651100 |
|
Fax No.: |
91-11-26855082/
66607096 |
|
E-Mail : |
accounts@unitedbiotechindia.com
|
|
Website : |
|
|
|
|
|
Corporate Office : |
FC/B-1 (Extn.), Mohan Co-operative
Industrial Estate, Mathura Road, New Delhi –
110044, India |
|
Tel. No.: |
91-11-66611100 (30 lines) 91-11-40651100 (30 lines) 91-11-66403098/99, 26940762 |
|
Fax No.: |
91-11-66607096/ 66607091 |
|
E-Mail : |
|
|
|
|
|
Factory 1 : |
Village Theliwal
(Dhana), Bagbania, Baddi Nalagarh Road, District Solan – 174101, Himachal
Pradesh, India |
|
Tel. No.: |
91-1795-236904/ 5/ 6 |
|
Fax No.: |
91-1795-236604 |
|
E-Mail : |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Rajiv Kumar |
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|
Designation : |
Whole-time Director |
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|
Address : |
E-142, Saket, Delhi – 110017, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
09.04.1963 |
||||||||||||||||||||||||
|
Qualification: |
Bachelor in Pharma |
||||||||||||||||||||||||
|
Date of Appointment : |
22.04.2008 |
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PAN No.: |
AIYPK0694G |
||||||||||||||||||||||||
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DIN No.: |
00073944 |
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|
Other Directorship:
|
|||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||
|
Name : |
Mr. Ashwini Kumar |
||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||
|
Address : |
E-142, Saket, Delhi – 110017, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
23.07.1969 |
||||||||||||||||||||||||
|
Date of Appointment : |
18.03.2016 |
||||||||||||||||||||||||
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PAN No.: |
AAMPK8394H |
||||||||||||||||||||||||
|
DIN No.: |
00074064 |
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Other Directorship:
|
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|
||||||||||||||||||||||||
|
Name : |
Mrs. Kailash Devi |
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|
Designation : |
Whole-time Director |
||||||||||||||||||||||||
|
Address : |
E-142, Saket, Delhi – 110017, India |
||||||||||||||||||||||||
|
Qualification: |
MA |
||||||||||||||||||||||||
|
Date of Appointment : |
22.04.2008 |
||||||||||||||||||||||||
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PAN No.: |
AHZPD8829N |
||||||||||||||||||||||||
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DIN No.: |
00074289 |
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Other Directorship:
|
|||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||
|
Name : |
Mr. Sanjeev Kumar |
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|
Designation : |
Whole-time Director |
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|
Address : |
House No. E-142, Saket Malviya Nagar, Delhi – 110017, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
26.09.1966 |
||||||||||||||||||||||||
|
Qualification: |
B. Pharma |
||||||||||||||||||||||||
|
Date of Appointment : |
02.04.2007 |
||||||||||||||||||||||||
|
PAN No.: |
AHEPK5672K |
||||||||||||||||||||||||
|
DIN No.: |
01691559 |
||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Sanjay |
|
Designation : |
Advertising Department |
MAJOR SHAREHOLDERS
AS ON 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Rajiv Kumar |
|
59233 |
|
Kailash Devi |
|
113409 |
|
Kavita Gakhar |
|
54175 |
|
Monika Gakhar |
|
54175 |
|
Ashwani Kumar |
|
59233 |
|
Sanjeev Kumar |
|
59233 |
|
Preeti Gakhar |
|
54175 |
|
Total |
|
453633 |
AS ON 29.09.2016
|
Equity Share
Break up |
Percentage |
|
Category |
|
|
Promoters – [Individual/Hindu Undivided Family – Indian] |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing of allopathic Pharmaceuticals preparations
(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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|
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information denied by the management |
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Bankers : |
|
|
Auditors : |
|
|
Name : |
VPGS and Company Chartered Accountants |
|
Address : |
3208, 2nd Floor, Mahindra Park, New Delhi-110034, India |
|
PAN No.: |
AAGFA7822G |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates: (AS ON 2016) |
Subham Udyog Private Limited, India (CIN No:U27101dl1981ptc012739) |
|
|
|
|
Subsidiary
companies: (AS ON 2016) |
SORGEN HEALTHCARE PRIVATE LIMITED, INDIA [CIN No:U24233dl2010ptc199814] UMANO HEALTHCARE PRIVATE LIMITED, INDIA [CIN No: U24297dl2011ptc227673] FELIZ LIFECARE PRIVATE LIMITED [CIN No: U24231DL2011PTC227688] American Hospital Services |
CAPITAL STRUCTURE
AS ON 29.09.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
500000 |
Equity Shares |
INR 100/- each |
INR 50.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
453633 |
Equity Shares |
INR 100/- each |
INR 45.363 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET (STANDALONE)
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
45.363 |
45.363 |
45.363 |
|
(b) Reserves and Surplus |
6168.730 |
4953.634 |
3914.867 |
|
(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) |
6214.093 |
4998.997 |
3960.230 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
4.094 |
|
(c) Other long-term
liabilities |
39.740 |
39.225 |
35.700 |
|
(d) long-term
provisions |
35.342 |
24.319 |
17.517 |
|
Total Non-current
Liabilities (3) |
75.082 |
63.544 |
57.311 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
117.324 |
147.259 |
93.267 |
|
(c) Other
current liabilities |
42.197 |
35.289 |
30.626 |
|
(d) Short-term
provisions |
311.150 |
312.626 |
282.117 |
|
Total Current
Liabilities (4) |
470.671 |
495.173 |
406.010 |
|
|
|
|
|
|
TOTAL |
6759.846 |
5557.715 |
4423.551 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
526.188 |
564.493 |
583.691 |
|
(ii)
Intangible Assets |
0.237 |
0.302 |
0.333 |
|
(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 |
242.361 |
222.361 |
202.561 |
|
(c) Deferred tax assets (net) |
9.691 |
2.773 |
0.000 |
|
(d)
Long-term loans and advances |
928.220 |
749.503 |
584.054 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
1706.697 |
1539.432 |
1370.639 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
622.997 |
565.174 |
406.897 |
|
(c) Trade
receivables |
534.874 |
443.775 |
315.583 |
|
(d) Cash and
bank balances |
3515.526 |
2701.882 |
2082.780 |
|
(e)
Short-term loans and advances |
23.212 |
21.656 |
18.333 |
|
(f) Other
current assets |
356.540 |
285.796 |
229.319 |
|
Total
Current Assets |
5053.149 |
4018.282 |
3052.912 |
|
|
|
|
|
|
TOTAL |
6759.846 |
5557.715 |
4423.551 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
3301.592 |
2928.304 |
2316.461 |
|
|
Other Income |
242.799 |
198.874 |
172.359 |
|
|
TOTAL |
3544.391 |
3127.178 |
2488.820 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
861.795 |
805.653 |
492.402 |
|
|
Purchases of
Stock-in-Trade |
17.048 |
11.566 |
16.304 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(89.388) |
(73.592) |
(28.538) |
|
|
Employee benefit expense |
400.485 |
319.569 |
272.135 |
|
|
Other expenses |
995.246 |
839.481 |
649.664 |
|
|
TOTAL |
2185.186 |
1902.677 |
1401.967 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
1359.205 |
1224.501 |
1086.853 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
2.604 |
2.407 |
2.315 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
1356.601 |
1222.094 |
1084.538 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
48.734 |
56.094 |
43.366 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
1307.867 |
1166.000 |
1041.172 |
|
|
|
|
|
|
|
Less |
TAX |
92.132 |
71.546 |
66.056 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
1215.735 |
1094.454 |
975.116 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
551.493 |
385.243 |
290.052 |
|
|
TOTAL EARNINGS |
551.493 |
385.243 |
290.052 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
74.891 |
89.872 |
58.177 |
|
|
Components and spare
parts |
7.652 |
12.679 |
13.263 |
|
|
TOTAL IMPORTS |
82.543 |
102.551 |
71.440 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
2237.42 |
2003.35 |
2149.57 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
0.000 |
0.000 |
0.000 |
|
Net cash flow from (used in) operations |
974.033 |
788.920 |
811.043 |
|
Net cash flow from operating activities |
674.290 |
538.838 |
613.176 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days [Sundry Debtors / Income *
365] |
59.13 |
55.31 |
49.73 |
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
6.17 |
6.60 |
7.34 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
48.73 |
65.77 |
66.92 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
2.18 |
2.17 |
2.67 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
2.58 |
2.17 |
1.86 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.07 |
0.09 |
0.09 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.08 |
0.10 |
0.10 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.08 |
0.11 |
0.15 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
521.97 |
508.72 |
469.48 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
PAT to Sales ((PAT / Sales) * 100) |
% |
36.82 |
37.38 |
42.10 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
17.98 |
19.69 |
22.04 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
19.56 |
21.89 |
24.62 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current Assets / Current Liabilities) |
10.74 |
8.11 |
7.52 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
9.41 |
6.97 |
6.52 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.92 |
0.90 |
0.90 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
10.74 |
8.11 |
7.52 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are
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 |
45.363 |
45.363 |
45.363 |
|
Reserves & Surplus |
3914.867 |
4953.634 |
6168.730 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
3960.230 |
4998.997 |
6214.093 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total borrowings |
0.000 |
0.000 |
0.000 |
|
Debt/Equity ratio |
0.000 |
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
|
2316.461 |
2928.304 |
3301.592 |
|
|
|
26.413 |
12.748 |
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
|
2316.461 |
2928.304 |
3301.592 |
|
Profit |
975.116 |
1094.454 |
1215.735 |
|
|
42.10% |
37.38% |
36.82% |
ABRIDGED
BALANCE SHEET [CONSOLIDATED]
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
45.363 |
45.363 |
|
(b) Reserves and Surplus |
|
6096.898 |
4902.468 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
(d) Minority interest |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
6142.261 |
4947.831 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
|
41.240 |
40.225 |
|
(d) long-term
provisions |
|
35.342 |
24.319 |
|
Total Non-current
Liabilities (3) |
|
76.582 |
64.544 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
0.000 |
0.000 |
|
(b) Trade payables |
|
117.383 |
147.718 |
|
(c) Other
current liabilities |
|
43.448 |
37.576 |
|
(d) Short-term
provisions |
|
313.500 |
314.426 |
|
Total Current
Liabilities (4) |
|
474.331 |
499.720 |
|
|
|
|
|
|
TOTAL |
|
6693.174 |
5512.095 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
680.032 |
720.251 |
|
(ii)
Intangible Assets |
|
0.414 |
0.497 |
|
(iii) Tangible assets
capital work-in-progress |
|
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.261 |
0.261 |
|
(c) Deferred tax assets (net) |
|
9.691 |
2.773 |
|
(d)
Long-term loans and advances |
|
928.220 |
749.503 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
1618.618 |
1473.285 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
633.430 |
574.876 |
|
(c) Trade
receivables |
|
532.826 |
441.972 |
|
(d) Cash and
bank balances |
|
3525.323 |
2710.298 |
|
(e)
Short-term loans and advances |
|
26.336 |
25.763 |
|
(f) Other
current assets |
|
356.641 |
285.901 |
|
Total
Current Assets |
|
5074.556 |
4038.810 |
|
|
|
|
|
|
TOTAL |
|
6693.174 |
5512.095 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
|
3335.398 |
2946.212 |
|
|
Other Income |
|
242.139 |
198.285 |
|
|
TOTAL |
|
3577.537 |
3144.497 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
861.795 |
805.653 |
|
|
Purchases of
Stock-in-Trade |
|
23.179 |
15.411 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
(90.120) |
(75.363) |
|
|
Employee benefit expense |
|
422.016 |
335.866 |
|
|
Other expenses |
|
1019.797 |
855.318 |
|
|
TOTAL |
|
2236.667 |
1936.885 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
1340.870 |
1207.612 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
2.707 |
2.461 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
1338.163 |
1205.151 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
|
50.831 |
58.542 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
1287.332 |
1146.609 |
|
|
|
|
|
|
|
Less |
TAX |
|
92.263 |
71.674 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
1195.069 |
1074.935 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
|
|
|
|
Basic |
|
2237.42 |
2003.35 |
|
|
Diluted |
|
2237.42 |
2003.35 |
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 |
Yes |
|
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 CHARGE:
|
S N o |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
A66436221 |
10167751 |
DIRECTOR OF INDUSTRIES |
21/07/2009 |
- |
- |
3000000.0 |
THROUGH DEPUTY DIRECTOR OF INDUSTRIES, SINGLE WINDOW CLEARANCE AGENCY, NALAGARH-173211, HIMACHAL PRADESH, INDIA |
|
2 |
B69129039 |
90337196 |
ORIENTAL BANK OF COMMERCE |
13/05/2002 |
04/02/2013 |
- |
62500000.0 |
HAUZ KHAS INSTITUTIONAL AREA, NEW DELHI-110016, DELHI INDIA |
|
3 |
A24245086 |
80037153 |
ORIENTAL BANK OF COMMERCE |
04/07/2005 |
- |
18/09/2007 |
40000000.0 |
HAUZ KHAS INSTITUTIONAL AREA, NEW DELHI-110016, DELHI INDIA |
FIXED ASSETS:
Tangible Assets
·
Land
·
Building
· Factory building
· Plant and equipment
· Furniture and fixtures
· Vehicles
· Motor vehicles
· Office equipment
· Computer equipment’s
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
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 63.90 |
|
|
1 |
INR 90.31 |
|
Euro |
1 |
INR 80.16 |
INFORMATION DETAILS
|
Information
Gathered by : |
PRI |
|
|
|
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
PJP |
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.