|
|
|
MIRA INFORM REPORT
|
Report No. : |
483601 |
|
Report Date : |
01.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
KOSAN CRISPLANT INDIA PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Plot No. 267/A/A, 1st and 2nd Floor, MLA Colony
Road No. 12, Banjara Hills, Hyderabad – 500034, Telangana |
|
Tel. No.: |
91-40-49180026 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of Incorporation
: |
14.09.2006 |
|
|
|
|
Com. Reg. No.: |
36-051142 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 5.500 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U23203TG2006FTC051142 |
|
|
|
|
IEC No.: |
Not Divulged |
|
|
|
|
GSTIN : |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCK8910E |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
The company
is engaged in the business of trading in Spare Parts and Rendering
Installation and maintenance services to the liquid petroleum gas (LPG)
filling and distribution enterprises in India [Registered Activity and also
confirmed by management] |
|
|
|
|
No. of Employees
: |
50 (Approximately) |
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 137200 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Kosan Crisplant India Private Limited is a step down subsidiary of
“Kosan Crysp ant A S”, Denmark. The Company was incorporated in the year 2006
and has its base in Hyderabad (Telangana). It is engaged in Designing, Installing, Upgrading and Renovating of
gas and fuel filling equipment and machinery of every description. For the financial year 2016, the company has achieved a YOY growth of
217% (Approximately) and has achieved Positive Net Profit Margin of 12.5%
(Approximately). The sound financial profile of the company is marked by adequate
networth base along with strong debt coverage indicators due to debt free
balance sheet profile. The company has given an output of INR 45.07 in the EPS section as
compared to its original face value of INR 10. Rating also takes into account the strong financial and managerial
support that the company receives from its holding entity backed by its well
experienced management team. Rating also derives strength from company’s well established track
record of business operations. Trade relations are reported as good business is active. Payment terms
are reported to be regular. In view of long standing record and the financials, the company can be
considered normal for business dealings at usual trade terms and condition. Note: the correct name of the company is “Kosan Crisplant India
Private Limited |
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 01.01.2018
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 PARTED BY (GENERAL DETAILS)
|
Name : |
Mr. Pradeep |
|
Designation : |
Accountant |
|
Contact No.: |
91-40-49180026 |
|
Date : |
29.12.2017 |
LOCATIONS
|
Registered Office : |
Plot No. 267/A/A, 1st and 2nd Floor, MLA Colony
Road No. 12, Banjara Hills, Hyderabad – 500034, Telangana, India |
|
Tel. No.: |
91-40-49180026/40-49180000 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
|
|
|
Head Office : |
H No.238/A, 2nd Floor, MLA Colony Road NO.12, Bajara Hills,
Hyderabad – 500034, Telangana, India |
|
Location : |
Owned |
|
|
|
|
Branch Address : |
Village Phulo Khari, Tehsil Tal wandi, Punjab, India |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Bhupendra Singh |
||||||||||||
|
Designation : |
Director |
||||||||||||
|
Address : |
Flat No.1605, Auram Tower, PBEL City, Peeramcheru Lake,
Near APPA Junction, Hyderabad Ershahkote Hyderabad – 500091, Telangana, India |
||||||||||||
|
Date of Birth/Age : |
16.07.1970 |
||||||||||||
|
Date of Appointment : |
25.03.2009 |
||||||||||||
|
DIN No.: |
01269681 |
||||||||||||
|
Other Directorship:
|
|||||||||||||
|
|
|
||||||||||||
|
Name : |
Bo Larsen |
||||||||||||
|
Designation : |
Director |
||||||||||||
|
Address : |
Vibevej 22, Risskov – 8240, Denmark |
||||||||||||
|
Date of Birth/Age : |
20.07.1966 |
||||||||||||
|
Date of Appointment : |
12.09.2012 |
||||||||||||
|
DIN No.: |
06379000 |
||||||||||||
|
|
|
||||||||||||
|
Name : |
Soren Mikkelsen |
||||||||||||
|
Designation : |
Director |
||||||||||||
|
Address : |
Flintebakken -227, 8240 Risskov, Aarhus – 8240, Denmark |
||||||||||||
|
Date of Appointment : |
27.06.2016 |
||||||||||||
|
DIN No.: |
07552248 |
||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Pradeep |
|
Designation : |
Accounts Executive |
MAJOR SHAREHOLDERS
AS ON 31.03.2016
|
Names of Shareholders |
No. of Shares |
|
Kosan Crysp ant A S, Denmark |
549995 |
|
Kosan Crisplant Holding AS, Denmark |
5 |
|
Total |
550000 |
AS ON 30.09.2016
|
Equity Share
Break up |
Percentage |
|
Category |
|
|
Promoters – [Others - Foreign Bodies Corporates] |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The
company is engaged in the business of trading in Spare Parts and Rendering
Installation and maintenance services to the liquid petroleum gas (LPG)
Filling and Distribution Enterprises in India [Registered Activity and also
confirmed by management] |
||||
|
|
|
||||
|
Products / Services
: |
|
||||
|
|
|
||||
|
Brand Names : |
Not Available |
||||
|
|
|
||||
|
Agencies Held : |
Not Available |
||||
|
|
|
||||
|
Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
|||||
|
Products : |
LP Gas Cylinders |
||||
|
Countries : |
Denmark |
||||
|
|
|
||||
|
Terms : |
|||||
|
Selling : |
Advance Payment, Cheque and Credit |
||||
|
|
|
||||
|
Purchasing : |
Advance Payment, Cheque and Credit |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
End Users and Manufacturer
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
50 (Approximately) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
|
Auditors : |
|
|
Name : |
Walker Chandiok and Company LLP Chartered Accountants |
|
Address : |
7th Floor Block III , White House, Kundan Bagh, Begumpet, Hyderabad –
500016, Telangana, India |
|
Tel. No.: |
91-40-66308200 |
|
Fax No.: |
91-40-66308230 |
|
PAN No.: |
AAAFW4298F |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Ultimate Holding Company : |
Kosan Crisplant Holding A/s, Denmark |
|
|
|
|
Holding Company: |
Kosan Crisplant A/s, Denmark |
|
|
|
|
Subsidiary Company : |
Kosan SFPL Projects India Private Limited, (Kosan - SFPL) (CIN No.
U74120UP2012PTC051805) |
|
|
|
|
Branch office of Holding Company : |
Kosan Crisplant A/s, Denmark – India Branch Office |
CAPITAL STRUCTURE
AS ON 30.09.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
550000 |
Equity Shares |
INR 10/- each |
INR 5.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
550000 |
Equity Shares |
INR 10/- each |
INR 5.500 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 |
5.500 |
5.500 |
5.500 |
|
(b) Reserves &
Surplus |
42.534 |
17.745 |
9.447 |
|
(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) |
48.034 |
23.245 |
14.947 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax
liabilities (Net) |
0.000 |
0.000 |
0.017 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
0.316 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
0.316 |
0.000 |
0.017 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade payables |
32.948 |
12.142 |
6.256 |
|
(c) Other current
liabilities |
22.919 |
12.748 |
14.417 |
|
(d) Short-term provisions |
6.982 |
4.377 |
3.335 |
|
Total Current Liabilities
(4) |
62.849 |
29.267 |
24.008 |
|
|
|
|
|
|
TOTAL |
111.199 |
52.512 |
38.972 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
5.740 |
0.657 |
0.346 |
|
(ii) Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
0.082 |
0.000 |
0.000 |
|
(iv) Intangible assets
under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
2.750 |
0.275 |
0.275 |
|
(c) Deferred tax assets
(net) |
2.709 |
0.972 |
0.000 |
|
(d) Long-term Loan and Advances |
2.750 |
5.225 |
5.225 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current Assets |
14.031 |
7.129 |
5.846 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
11.551 |
4.489 |
5.313 |
|
(c) Trade receivables |
60.432 |
26.776 |
23.763 |
|
(d) Cash and cash
equivalents |
7.204 |
5.417 |
3.445 |
|
(e) Short-term loans and
advances |
4.993 |
7.703 |
0.496 |
|
(f) Other current assets |
12.988 |
0.998 |
0.109 |
|
Total Current Assets |
97.168 |
45.383 |
33.126 |
|
|
|
|
|
|
TOTAL |
111.199 |
52.512 |
38.972 |
PROFIT
& LOSS ACCOUNT [Standalone]
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
197.687 |
62.353 |
81.487 |
|
|
Other Income |
0.422 |
0.561 |
0.128 |
|
|
TOTAL |
198.109 |
62.914 |
81.615 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Facility management
Expense |
22.277 |
0.000 |
0.000 |
|
|
Purchases of
Stock-in-Trade |
85.184 |
34.057 |
44.253 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(7.062) |
0.824 |
10.208 |
|
|
Employees benefits
expense |
21.376 |
5.679 |
1.417 |
|
|
Prior Period Items |
0.000 |
(1.766) |
0.000 |
|
|
Other expenses |
38.148 |
11.727 |
14.977 |
|
|
TOTAL |
159.923 |
50.521 |
70.855 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
38.186 |
12.393 |
10.760 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
38.186 |
12.393 |
10.760 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
0.820 |
0.065 |
0.013 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
37.366 |
12.328 |
10.747 |
|
|
|
|
|
|
|
Less |
TAX |
12.577 |
4.031 |
5.861 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
24.789 |
8.297 |
4.886 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
45.07 |
15.09 |
9.92 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
20.152 |
7.045 |
NA |
|
Net cash flow from (used in) operations |
7.742 |
2.271 |
NA |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry Debtors /Income * 365 Days) |
577.64 |
788.61 |
806.09 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
0.63 |
0.46 |
0.45 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
3.31 |
2.76 |
2.03 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
6.56 |
18.86 |
31.10 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.57 |
0.56 |
0.62 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
1.31 |
1.26 |
1.61 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.12 |
0.03 |
0.02 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
PAT to Sales [(PAT/Sales) * 100) |
% |
12.54 |
13.31 |
6.00 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
22.29 |
15.80 |
12.54 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
51.61 |
35.69 |
32.69 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.55 |
1.55 |
1.38 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
1.36 |
1.40 |
1.16 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.43 |
0.44 |
0.38 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.55 |
1.55 |
1.38 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
5.500 |
5.500 |
5.500 |
|
Reserves & Surplus |
9.447 |
17.745 |
42.534 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
14.947 |
23.245 |
48.034 |
|
|
|
|
|
|
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales
|
81.487 |
62.353 |
197.687 |
|
|
|
(23.481) |
217.045 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales
|
81.487 |
62.353 |
197.687 |
|
Profit |
4.886 |
8.297 |
24.789 |
|
|
6.00% |
13.31% |
12.54% |
ABRIDGED
BALANCE SHEET [Consolidated]
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
5.500 |
5.500 |
|
(b) Reserves &
Surplus |
|
47.452 |
21.686 |
|
(c) Money received
against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
|
8.524 |
7.725 |
|
Total Shareholders’ Funds
(1) + (2) |
|
61.476 |
34.911 |
|
|
|
|
|
|
(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 |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
0.316 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
0.316 |
0.000 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
3.500 |
3.500 |
|
(b) Trade payables |
|
36.408 |
12.142 |
|
(c) Other current
liabilities |
|
23.533 |
13.561 |
|
(d) Short-term provisions |
|
9.159 |
5.652 |
|
Total Current Liabilities
(4) |
|
72.600 |
34.855 |
|
|
|
|
|
|
TOTAL |
|
134.392 |
69.766 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
5.740 |
0.657 |
|
(ii) Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
|
0.082 |
0.000 |
|
(iv) Intangible assets
under development |
|
0.000 |
0.000 |
|
(b) Non-current
Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
|
2.710 |
0.972 |
|
(d) Long-term Loan and Advances |
|
0.000 |
0.000 |
|
(e) Other Non-current
assets |
|
0.000 |
0.000 |
|
Total Non-Current Assets |
|
8.532 |
1.629 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
11.551 |
4.489 |
|
(c) Trade receivables |
|
83.821 |
31.495 |
|
(d) Cash and cash
equivalents |
|
11.404 |
9.441 |
|
(e) Short-term loans and
advances |
|
5.767 |
21.551 |
|
(f) Other current assets |
|
13.317 |
1.161 |
|
Total Current Assets |
|
125.860 |
68.137 |
|
|
|
|
|
|
TOTAL |
|
134.392 |
69.766 |
PROFIT
& LOSS ACCOUNT [CONSOLIDATED]
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
|
218.784 |
139.480 |
|
|
Other Income |
|
0.788 |
0.898 |
|
|
TOTAL |
|
219.572 |
140.378 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
15.675 |
64.263 |
|
|
Purchases of
Stock-in-Trade |
|
85.184 |
34.057 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
(7.062) |
0.824 |
|
|
Employees benefits expense |
|
21.377 |
5.679 |
|
|
Facility Management
Expense |
|
22.277 |
0.000 |
|
|
Prior Period Items |
|
0.000 |
(1.766) |
|
|
Other expenses |
|
40.591 |
12.513 |
|
|
TOTAL |
|
178.042 |
115.570 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
|
41.530 |
24.808 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
0.604 |
3.106 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
|
40.926 |
21.702 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
0.819 |
0.065 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
|
40.107 |
21.637 |
|
|
|
|
|
|
|
Less |
TAX |
|
13.541 |
6.988 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
|
26.566 |
14.649 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
51.53 |
23.58 |
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 |
Yes |
|
8 |
Designation of contact person |
Yes |
|
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) |
Yes |
|
16 |
No. of employees |
Yes |
|
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 |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
Note : The registered office address of the company
has been shifted from H No.238/A, 2nd Floor, MLA Colony Road NO.12, Bajara Hills,
Hyderabad – 500034, Telangana, India to
the present address of the company
INDEX OF CHARGE:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Amount |
Address |
|
1 |
B85469674 |
10450284 |
Canara Bank |
29/08/2013 |
- |
45000000.0 |
Parliament Street, New Delhi – 110001, India |
FIXED ASSETS:
Tangible Assets
·
Land
·
Building
·
Plant and Machinery
·
Furniture and Fixture
·
Computer
·
Vehicles
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 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 63.93 |
|
|
1 |
INR 86.07 |
|
Euro |
1 |
INR 76.39 |
INFORMATION DETAILS
|
Information
Gathered by : |
PUJ |
|
|
|
|
Analysis Done by
: |
VRS |
|
|
|
|
Report Prepared
by : |
SUPB |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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.