|
|
|
MIRA
INFORM REPORT
|
Report No. : |
494146 |
|
Report Date : |
28.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
GANGOTRI ENTERPRISES LIMITED (w.e.f. 27.01.1993) |
|
|
|
|
Formerly Known
As : |
GANGOTRI ENTERPRISES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
B-158, Sector A, Mahanagar, Lucknow-226006, Uttar Pradesh |
|
Tel. No.: |
91-120-6600781 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
18.11.1991 |
|
|
|
|
Com. Reg. No.: |
20-013717 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 311.911 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U01403UP1991PLC013717 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACG8915B |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged into providing civil engineering
services. (Registered Activity) |
|
|
|
|
No. of Employees
: |
Information declined 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 |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Maximum Credit Limit : |
USD 4664000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Exist |
|
|
|
|
Comments : |
Subject is an established company incorporated in the year 1991 and it
is having satisfactory track records. As per Registrar of Companies the date of balance sheet (i.e.
financial filed) is shown as 31.03.2017 but the documents related to the
financial for the year 2017 are not available from any sources. As per available financials of 2016, the company has increased in its
revenue from operation as compared to previous year but reported losses. However, rating takes into consideration sound financial profile of
the company marked by healthy networth profile and comfortable liquidity
positions. Further, rating also reflects from its established track record of business
operations along with healthy improvement in the revenue profile during the
year. However, rating strength is partially offset by working capital
intensive nature of operations and slowdown in the infrastructure along with
real estate sector. Trade relations are reported as fair. Business is active. Payments
terms are seems to be slow but correct. In view of aforesaid, the company can be considered for 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 (30.09.2017) |
Current Rating (31.12.2017) |
|
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
|
Rating Agency Name |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
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 28.02.2018
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 (Mobile No.: 91-9304230055)
LOCATIONS
|
Registered Office : |
B-158, Sector A, Mahanagar, Lucknow-226006, Uttar Pradesh, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
|
|
|
Noida Office : |
A-1204, Ansal API Corporate Park, Sector-142, Noida Expressways,
Noida-201301, Uttar Pradesh, India |
|
Tel. No.: |
91-120-6600781 |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Ajeet Pandey |
||||||||
|
Designation : |
Managing Director |
||||||||
|
Address : |
B 158, Sector A, Mahanagar, Lucknow-226006, Uttar Pradesh,
India |
||||||||
|
Date of Birth/Age : |
08.11.1975 |
||||||||
|
Qualification : |
Graduate |
||||||||
|
Date of Appointment : |
15.03.2017 |
||||||||
|
DIN No.: |
01614438 |
||||||||
|
Other Directorship :
|
|||||||||
|
|
|
||||||||
|
Name : |
Mr. Praveen Pandey |
||||||||
|
Designation : |
Director |
||||||||
|
Address : |
Lucknow Auto Filling Center Bani Banthra, Lucknow-227101,
Uttar Pradesh, India |
||||||||
|
Date of Birth/Age : |
02.02.1987 |
||||||||
|
Qualification : |
Graduate |
||||||||
|
Date of Appointment : |
20.12.2014 |
||||||||
|
DIN No.: |
07055593 |
||||||||
|
|
|
||||||||
|
Name : |
Mr. Atul Agarwal |
||||||||
|
Designation : |
Director |
||||||||
|
Address : |
104, Sector A, Sitapur Road, Lucknow-226001, Uttar Pradesh, India |
||||||||
|
Date of Birth/Age : |
18.11.1962 |
||||||||
|
Qualification : |
Graduate |
||||||||
|
Date of Appointment : |
20.12.2014 |
||||||||
|
DIN No.: |
07055599 |
||||||||
|
|
|
||||||||
|
Name : |
Mrs. Ragini Pandey |
||||||||
|
Designation : |
Director |
||||||||
|
Address : |
B-158, Sector-A Mahanagar, Lucknow-226006, Uttar Pradesh,
India |
||||||||
|
Date of Birth/Age : |
07.10.1983 |
||||||||
|
Qualification : |
Graduate |
||||||||
|
Date of Appointment : |
15.07.2015 |
||||||||
|
DIN No.: |
07238739 |
||||||||
KEY EXECUTIVES
|
Name : |
Mr. Indra Bahadur Mall |
|
Designation : |
Chief Financial Officer |
|
Address : |
E-3/412, Vinay Khand-3 Gomti Nagar, Lucknow-226010, Uttar
Pradesh, India |
|
Date of Appointment : |
01.01.2016 |
|
PAN No.: |
APLPM6713L |
|
|
|
|
Name : |
Mrs. Aakriti Wadhwa |
|
Designation : |
Company Secretary |
|
Address : |
6/114, Upper Ground Geeta Colony, Delhi-110031, India |
|
Date of Appointment : |
27.06.2016 |
|
PAN No.: |
ADXPW6510B |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2016
|
Names of Shareholder |
|
No. of Shares |
|
Vinay Shanker Tiwari |
|
782297 |
|
Reeta Tewari |
|
467426 |
|
Ajeet Pandey |
|
389079 |
|
Ashok Tripathi |
|
3669 |
|
Nagendra Tiwari |
|
2679 |
|
Geeta Tewari |
|
2139 |
|
Markanday Shukla |
|
3759 |
|
Shashi Prabha Shukla |
|
2139 |
|
Vivek Tripathi |
|
4059 |
|
Priyanka Tripathi |
|
2589 |
|
Mithlesh Tewari |
|
3039 |
|
Chandra Bhusan Mishra |
|
2589 |
|
Jyoti Bhusan Mishra |
|
3189 |
|
Sanjay Singh |
|
3039 |
|
Sharda Singh |
|
1839 |
|
Jitendra Ojha |
|
134950 |
|
Amit Ojha |
|
780 |
|
Brijendra Pandey |
|
900 |
|
Suras Tewari |
|
1890 |
|
Royal Empire Marketing Private Limited, India |
|
572557 |
|
Kandarp Construction (India) Private Limited, India |
|
734500 |
|
Total |
|
3119107 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2016
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family-Indian) |
52.54 |
|
Public/Other than promoters (Individual/Hindu Undivided Family-Indian) |
5.55 |
|
Public/Other than promoters (Body corporate) |
41.91 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged into providing civil engineering
services. (Registered Activity) |
||||||||
|
|
|
||||||||
|
Products/ Services : |
|
||||||||
|
|
|
||||||||
|
Brand Names : |
Not Available |
||||||||
|
|
|
||||||||
|
Agencies Held : |
Not Available |
||||||||
|
|
|
||||||||
|
Exports : |
Not Divulged |
||||||||
|
|
|
||||||||
|
Imports : |
Not Divulged |
||||||||
|
|
|
||||||||
|
Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
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|
||||||||||||||||||||||
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Customers : |
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||||||||||||||||||||||
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||||||||||||||||||||||
|
No. of Employees : |
Information declined by the management |
||||||||||||||||||||||
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|
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|
Bankers : |
|
||||||||||||||||||||||
|
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|
||||||||||||||||||||||
|
Facilities : |
|
|
Auditors : |
|
|
Name : |
Rajesh Purshottam and Associates Chartered Accountants |
|
Address : |
A-617, Indira Nagar, Lucknow, Uttar Pradesh, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AEJPA6404K |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Subsidiaries : (As on 31.03.2016) |
(CIN No.: U45206UP2011PTC044411)
(CIN No.: U45206UP2011PTC044412)
(CIN No.: U45206UP2011PTC044413)
(CIN No.: U45400UP2011PTC045720) |
CAPITAL STRUCTURE
As on 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
INR 100/- each |
INR 500.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3119107 |
Equity Shares |
INR 100/- each |
INR 311.911 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET (STANDALONE)
|
SOURCES OF FUNDS |
01.07.2015 to 31.03.2016 (9 Months) |
01.07.2014 to 30.06.2015 (12 Months) |
01.07.2013 to 30.06.2014 (12 Months) |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
311.911 |
311.911 |
311.911 |
|
(b) Reserves & Surplus |
1320.650 |
1497.827 |
1490.916 |
|
(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) |
1632.561 |
1809.738 |
1802.827 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
2251.877 |
2157.947 |
2083.242 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.248 |
6.904 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) Long-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
2251.877 |
2158.195 |
2090.146 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
3445.181 |
2694.939 |
2207.246 |
|
(b) Trade
payables |
5436.303 |
1767.873 |
732.896 |
|
(c) Other
current liabilities |
4303.565 |
1438.152 |
202.308 |
|
(d) Short-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Current
Liabilities (4) |
13185.049 |
5900.964 |
3142.450 |
|
|
|
|
|
|
TOTAL |
17069.487 |
9868.897 |
7035.423 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i) Tangible
assets |
242.966 |
332.205 |
405.247 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
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 |
1184.086 |
1208.237 |
1163.408 |
|
(c) Deferred tax assets (net) |
86.350 |
0.000 |
0.000 |
|
(d)
Long-term Loan and Advances |
1908.664 |
396.255 |
347.714 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
3422.066 |
1936.697 |
1916.369 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
908.573 |
626.654 |
653.297 |
|
(c) Trade
receivables |
8964.828 |
5450.701 |
3672.924 |
|
(d) Cash
and cash equivalents |
3058.501 |
1695.904 |
612.312 |
|
(e)
Short-term loans and advances |
0.000 |
0.000 |
0.000 |
|
(f) Other
current assets |
715.519 |
158.941 |
180.521 |
|
Total
Current Assets |
13647.421 |
7932.200 |
5119.054 |
|
|
|
|
|
|
TOTAL |
17069.487 |
9868.897 |
7035.423 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
01.07.2015 to 31.03.2016 (9 Months) |
01.07.2014 to 30.06.2015 (12 Months) |
01.07.2013 to 30.06.2014 (12 Months) |
|
|
SALES |
|
|
|
|
|
Income |
8986.860 |
4834.850 |
3295.894 |
|
|
Other Income |
197.826 |
72.563 |
40.809 |
|
|
TOTAL |
9184.686 |
4907.413 |
3336.703 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
7242.851 |
2396.796 |
1845.108 |
|
|
Purchases of
Stock-in-Trade |
0.000 |
0.000 |
0.000 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
67.362 |
(44.133) |
(107.384) |
|
|
Employees benefits
expense |
57.051 |
215.046 |
489.496 |
|
|
Other expenses |
1396.469 |
1692.307 |
604.756 |
|
|
TOTAL |
8763.733 |
4260.016 |
2831.976 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
420.953 |
647.397 |
504.727 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
546.896 |
564.124 |
431.315 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
(125.943) |
83.273 |
73.412 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
89.239 |
73.042 |
60.895 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
(215.182) |
10.231 |
12.517 |
|
|
|
|
|
|
|
Less |
TAX |
(38.004) |
3.319 |
4.061 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
(177.178) |
6.912 |
8.456 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
(56.80) |
2.22 |
2.71 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
01.07.2015 to 31.03.2016 (9 Months) |
01.07.2014 to 30.06.2015 (12 Months) |
01.07.2013 to 30.06.2014 (12 Months) |
|
Current Maturities of Long term debt |
638.690 |
422.010 |
193.210 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
458.011 |
802.994 |
(34.942) |
|
Net cash flow from operating activity |
556.546 |
763.504 |
(34.942) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
01.07.2015 to 31.03.2016 (9 Months) |
01.07.2014 to 30.06.2015 (12 Months) |
01.07.2013 to 30.06.2014 (12 Months) |
|
Average
Collection Days (Sundry Debtors / Income
* 365 Days) |
364.11 |
411.49 |
406.75 |
|
|
|
|
|
|
Account Receivables Turnover ( Income / Sundry Debtors) |
1.00 |
0.89 |
0.90 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
273.96 |
269.22 |
144.98 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.46 |
1.03 |
0.77 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
1.73 |
1.95 |
1.25 |
LEVERAGE RATIOS
|
PARTICULARS |
01.07.2015 to 31.03.2016 (9 Months) |
01.07.2014 to 30.06.2015 (12 Months) |
01.07.2013 to 30.06.2014 (12 Months) |
|
Debt Ratio ((Borrowing + Current
Liabilities) / Total Assets) |
0.94 |
0.86 |
0.77 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
3.88 |
2.91 |
2.49 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
8.08 |
3.26 |
1.74 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.15 |
0.18 |
0.22 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
0.77 |
1.15 |
1.17 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
01.07.2015 to 31.03.2016 (9 Months) |
01.07.2014 to 30.06.2015 (12 Months) |
01.07.2013 to 30.06.2014 (12 Months) |
|
Net Profit Margin [(PAT / Sales)
* 100] |
% |
(1.97) |
0.14 |
0.26 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
(1.04) |
0.07 |
0.12 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
(10.85) |
0.38 |
0.47 |
SOLVENCY RATIOS
|
PARTICULARS |
01.07.2015 to 31.03.2016 (9 Months) |
01.07.2014 to 30.06.2015 (12 Months) |
01.07.2013 to 30.06.2014 (12 Months) |
|
Current Ratio (Current Assets /
Current Liabilities) |
1.04 |
1.34 |
1.63 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.97 |
1.24 |
1.42 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.10 |
0.18 |
0.26 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
20.31 |
16.91 |
14.37 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.04 |
1.34 |
1.63 |
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 |
30.06.2014 |
30.06.2015 |
31.03.2016 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Share Capital |
311.911 |
311.911 |
311.911 |
|
Reserves & Surplus |
1490.916 |
1497.827 |
1320.650 |
|
Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
1802.827 |
1809.738 |
1632.561 |
|
|
|
|
|
|
long-term borrowings |
2083.242 |
2157.947 |
2251.877 |
|
Short term borrowings |
2207.246 |
2694.939 |
3445.181 |
|
Current Maturities of
Long term debt |
193.210 |
422.010 |
638.690 |
|
Total borrowings |
4483.698 |
5274.896 |
6335.748 |
|
Debt/Equity ratio |
2.487 |
2.915 |
3.881 |
YEAR-ON-YEAR GROWTH
|
Year on Year Growth |
30.06.2014 |
30.06.2015 |
31.03.2016 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Sales |
3295.894 |
4834.850 |
8986.860 |
|
|
|
46.693 |
85.877 |
NET PROFIT MARGIN
|
Net Profit Margin |
30.06.2014 |
30.06.2015 |
31.03.2016 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Sales |
3295.894 |
4834.850 |
8986.860 |
|
Profit/(Loss) |
8.456 |
6.912 |
(177.178) |
|
|
0.26% |
0.14% |
(1.97%) |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
|
01.07.2015 to 31.03.2016 (9 Months) |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
|
312.311 |
|
(b) Reserves &
Surplus |
|
|
1585.966 |
|
(c) Money received
against share warrants |
|
|
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
|
|
0.000 |
|
Total Shareholders’ Funds
(1) + (2) |
|
|
1898.277 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
|
|
3988.839 |
|
(b) Deferred tax
liabilities (Net) |
|
|
0.000 |
|
(c) Other long term
liabilities |
|
|
0.000 |
|
(d) long-term provisions |
|
|
0.000 |
|
Total Non-current
Liabilities (3) |
|
|
3988.839 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
|
3445.181 |
|
(b) Trade payables |
|
|
5438.564 |
|
(c) Other current
liabilities |
|
|
4552.960 |
|
(d) Short-term provisions |
|
|
0.000 |
|
Total Current Liabilities
(4) |
|
|
13436.705 |
|
|
|
|
|
|
TOTAL |
|
|
19323.821 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
|
263.019 |
|
(ii) Intangible Assets |
|
|
2174.694 |
|
(iii) Capital
work-in-progress |
|
|
1505.154 |
|
(iv) Intangible assets
under development |
|
|
0.000 |
|
(b) Non-current
Investments |
|
|
7.863 |
|
(c) Deferred tax assets
(net) |
|
|
47.159 |
|
(d) Long-term Loan and Advances |
|
|
892.871 |
|
(e) Other Non-current
assets |
|
|
0.249 |
|
Total Non-Current Assets |
|
|
4891.009 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
|
0.000 |
|
(b) Inventories |
|
|
908.573 |
|
(c) Trade receivables |
|
|
8751.109 |
|
(d) Cash and cash
equivalents |
|
|
3885.831 |
|
(e) Short-term loans and
advances |
|
|
0.000 |
|
(f) Other current assets |
|
|
887.299 |
|
Total Current Assets |
|
|
14432.812 |
|
|
|
|
|
|
TOTAL |
|
|
19323.821 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
|
01.07.2015 to 31.03.2016 (9 Months) |
|
|
SALES |
|
|
|
|
|
Income |
|
|
9267.912 |
|
|
Other Income |
|
|
199.326 |
|
|
TOTAL |
|
|
9467.238 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
|
7242.850 |
|
|
Purchases of
Stock-in-Trade |
|
|
0.000 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
|
67.362 |
|
|
Employees benefits
expense |
|
|
61.917 |
|
|
Other expenses |
|
|
1641.503 |
|
|
TOTAL |
|
|
9013.632 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
|
|
453.606 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
|
633.770 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
|
|
(180.164) |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
|
107.546 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
|
|
(287.710) |
|
|
|
|
|
|
|
Less |
TAX |
|
|
(4.901) |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
|
|
(282.809) |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
|
(90.67) |
LEGAL CASES
HIGH COURT
|
SUNIL MISHRA SURESH SINGH MS GANGOTRI ENTERPRISES LIMITED
AND OTHERS |
|
high court-Uttar Pradesh |
|
Case no:PO 4018/2011 |
|
Case status:Pending |
|
Judge:HON BLE MR. JUSTICE SUDHIR AGARWAL HON BLE DR.
JUSTICE KAUSHAL JAYENDRA THAKER |
|
Date:2016-12-08 |
HIGH COURT
|
MS PETROLEUM OIL AND CHEMICALS ROHIT AGARWAL LIMITED MS
GANGOTRI ENTERPRISES LIMITED RAHUL AGARWAL MISC. COMPANY APPLICATION |
|
high court-Uttar Pradesh |
|
Case no:PO 7/2013 |
|
Case status:Pending |
|
Judge:HON BLE MR. JUSTICE YASHWANT VARMA |
|
Date:2016-07-20 |
HIGH COURT
|
HINDUSTAN STEEL WORKS CONSTRUCTION LIMITED GANGOTRI
ENTERPRISES PRIVATE LIMITED HINDUSTAN
STEEL WORKS CONSTRUCTION LIMITED KANDARP CONSTRUCTION PRIVATE LIMITED
REGISTERED OFFICE B158 SECTOR A MAHANAGAR LUCKNOW U.P |
|
high court-Madhya Pradesh |
|
Case no:WP - 15086/2016 (I) WP - 15305/2016 (I) |
|
Case status:Pending |
|
Judge:HON'BLE SHRI JUSTICE S.K. SETH (SB-I) |
|
Date:2017-01-02 |
HIGH COURT
|
SH SANJAY BANSAL Vs. MS GANGOTRI ENTERPRISES LIMITED |
|
high court-Delhi |
|
Case no:CS(COMM) 4/2017 |
|
Case status:Pending |
|
Judge:HON BLE MR. JUSTICE ASHUTOSH KUMAR |
|
Date:2017-04-12 |
HIGH COURT
|
SREI EQUIPMENT FINANCE LIMITED R.N. GHOSE AND ASSOCIATES
GANGOTRI ENTERPRISES LIMITED |
|
high court-West Bengal |
|
Case no:AP 972/2016 |
|
Case status:Pending |
|
Judge:HON'BLE JUSTICE SOUMEN SEN |
|
Date:2016-12-06 |
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 |
No |
|
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 |
Yes |
|
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 |
No |
|
26 |
Turnover of firm for last three financial years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three financial years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
Yes |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
UNSECURED LOAN
|
PARTICULARS |
31.03.2016 (INR in Million) |
30.06.2015 (INR in Million) |
|
Long-term
Borrowings |
|
|
|
Other loans and advances |
376.980 |
349.797 |
|
Short-term
borrowings |
|
|
|
Loans repayable on demand |
3445.181 |
2694.939 |
|
Total |
3822.161 |
3044.736 |
INDEX OF CHARGES
|
Charges Registered |
|||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Amount |
Address |
|
1 |
G53244760 |
100122505 |
SREI EQUIPMENT FINANCE LIMITED |
01/04/2017 |
- |
200000000.0 |
'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA WEST BENGAL 700046 INDIA |
|
2 |
G43478197 |
100044799 |
AXIS BANK LIMITED |
11/02/2016 |
16/03/2017 |
3230000000.0 |
2ND FLOOR, RED FORT CAPITAL, PARSVNATH TOWERS, GOLE MARKET, BHAI VEER SINGH MARG, NEW DELHI 110001 INDIA |
|
3 |
C70710207 |
10603642 |
Axis Trustee Services Limited |
22/09/2015 |
- |
345300000.0 |
Axis House, 2nd Flr, Bombay Dyeing Mills Compound, Pandurang Budhkar Marg, Worli, Mumbai MAHARASHTRA 400025 INDIA |
|
4 |
C79982252 |
10624859 |
SREI EQUIPMENT FINANCE LIMITED |
01/07/2015 |
- |
90000000.0 |
'VISHWAKARMA', 86C, TOPSIA ROAD, KOLKATA WEST BENGAL 700046 INDIA |
|
5 |
B95758736 |
10475922 |
BANK OF INDIA (CONSORTIUM) |
14/12/2013 |
15/01/2014 |
1234000000.0 |
LUCKNOW MID CORPORATE BRANCH, IST FLOOR-MOHINIMANSION, 1, NAWAL KISHORE ROAD, HAZRATGANJ, Lucknow UTTAR PRADESH 226001 INDIA |
|
6 |
B95757910 |
10475919 |
BANK OF INDIA (CONSORTIUM) |
14/12/2013 |
15/01/2014 |
729000000.0 |
LUCKNOW MID CORPORATE BRANCH, IST FLOOR-MOHINIMANSION, 1, NAWAL KISHORE ROAD, HAZRATGANJ, Lucknow UTTAR PRADESH 226001 INDIA |
|
7 |
B95758413 |
10475930 |
BANK OF INDIA (CONSORTIUM) |
14/12/2013 |
15/01/2014 |
200500000.0 |
LUCKNOW MID CORPORATE BRANCH, IST FLOOR-MOHINIMANSION, 1, NAWAL KISHORE ROAD, HAZRATGANJ, Lucknow UTTAR PRADESH 226001 INDIA |
|
8 |
B67854257 |
10437448 |
BANK OF BARODA |
04/12/2012 |
- |
736000000.0 |
MID CORPORATE BRANCH, GROUND FLOOR SETS CAMPUS, ERANDWANE PUNE MH 411004 INDIA |
|
9 |
B40568982 |
10358027 |
CANARA BANK |
28/05/2012 |
- |
1000000.0 |
HAZRAT GANJLUCKNOWUP226001IN |
|
10 |
B39721766 |
10356056 |
BANK OF INDIA |
14/05/2012 |
- |
1000000.0 |
MAHANAGAR BRANCH, M-3, CIVIC CENTER, 1ST FLOORGOLE MARKET, MAHANAGAR LUCKNOW UTTAR PRADESH 226006 INDIA |
FIXED ASSETS
- Land
- Plant and equipment
- Factory equipments
- Furniture and fixtures
- Vehicles
- Office equipment
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 64.85 |
|
|
1 |
INR 90.58 |
|
Euro |
1 |
INR 79.96 |
INFORMATION DETAILS
|
Information
Gathered by : |
KMN |
|
|
|
|
Analysis Done by
: |
PSD |
|
|
|
|
Report Prepared
by : |
SUD |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
YES |
|
--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.