|
|
|
MIRA INFORM REPORT
|
Report No. : |
484607 |
|
Report Date : |
05.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
ANU INDUSTRIES LIMITED (w.e.f. 03.12.2001) |
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|
|
|
Formerly Known
As : |
ANU INDUSTRIES PRIVATE LIMITED ANU AUTO INDUSTRIES PRIVATE LIMITED |
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|
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|
Registered
Office : |
A-9, Ashok Vihar, Phase – I, New Delhi-110 052 |
|
Tel. No.: |
91- 124-480451 |
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|
|
|
Country : |
India |
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|
|
|
Financials (as
on) : |
31.03.2016 |
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|
|
|
Date of
Incorporation : |
06.05.1986 |
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|
|
|
Com. Reg. No.: |
55-024134 |
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|
|
|
Capital
Investment / Paid-up Capital : |
INR 110.000 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U72190DL1986PLC024134 |
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|
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IEC No.: |
Not Divulged |
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|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
GSTIN : |
Not Divulged |
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|
|
|
PAN No.: [Permanent Account No.] |
AAACA1140L |
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|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
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Line of Business
: |
Subject is primarily engaged in the manufacturing and sale of Automotive Components. (Registered activity) |
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|
|
No. of Employees
: |
Information declined by the management |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Maximum Credit Limit : |
USD 1300000 |
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|
|
|
Status : |
Satisfactory |
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|
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 1986 and is involved in the
business of manufacturing and selling of automotive components. Management has not filed its financial record with government
department for the year 2017 and same are not available from any other
sources. For the year ended 2016, the company has achieved 5.08% growth in its
revenue as compared to the previous year’s revenue and has earned an average
net profit margin of 1.13%. The company has above average net worth base and modest liquidity
position with low debt balance sheet. The financial profile of the company
seems to be satisfactory. Rating is constrained on account of absence of latest financial. Business is active. Payments are reported 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 (30.06.2017) |
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
|
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 05.01.2018
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 DENIED BY
|
Name : |
Mr. Manoj Tomar |
|
Designation : |
Marketing Manager |
|
Contact No.: |
91-9289136846 |
Tel. No.: 91-124-480451 – Incorrect number
Tel. No.: 91-124-4801400 – Not Working
Tel. No.: 91-124-4801427 – Not Working
LOCATIONS
|
Registered Office : |
A-9, Ashok Vihar, Phase-I, New Delhi-110052, India |
|
Tel. No.: |
91- 124-480451 |
|
Mobile No.: |
91-9289136846 (Mr. Manoj Tomar) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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|
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Factory 1: |
Plot No.102-103, Udyog Vihar, Phase – IV, Gurugram-122015, Haryana,
India |
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Tel. No.: |
91-124-4801400 / 4801427 |
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Fax No.: |
91-124-2340685 / 2468965 |
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E-Mail : |
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Factory 2: |
Plot No. 52, Sector-3, IMT, Manesar, |
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Factory 3: |
Plot No. 154, Trunk Road, Porur, Chennai, Tamilnadu, India
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Factory 4 : |
Also Located at: Haridwar, Uttaranchal, India |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Anil Minda |
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|
Designation : |
Managing Director |
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|
Address : |
A-9, Ashok Vihar, Phase-I, Delhi-110052, India |
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Date of Birth : |
29.12.1954 |
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Qualification : |
Engineering |
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Date of Appointment : |
01.04.2013 |
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DIN No.: |
00321553 |
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PAN No.: |
AATPM3795M |
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Other Directorship:
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|
Name : |
Mrs. Kalpana Minda |
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|
Designation : |
Director |
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|
Address : |
A-9, Phase-1, Ashok Vihar, Delhi-110052, India |
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Date of Birth : |
06.06.1955 |
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Qualification : |
Post Graduate |
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Date of Appointment : |
06.05.1986 |
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DIN No.: |
02443552 |
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PAN No.: |
AATPM3794L |
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Other Directorship:
|
|||||||||||||
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|
||||||||||||
|
Name : |
Mr. Sanjay Dhawan |
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Designation : |
Director |
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|
Address : |
H.No.-933, Sector 17-B, Gurgram-122001, Haryana, India |
||||||||||||
|
Date of Birth/Age : |
20.05.1958 |
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Date of Appointment : |
30.09.2013 |
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DIN No.: |
01275608 |
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Other Directorship:
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||||||||||||
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Name : |
George Robin Thomas |
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Designation : |
Wholetime Director |
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|
Address : |
The Mills, Kalloopara Pathanamthitta – 689543, Kerala, India |
||||||||||||
|
Date of Appointment : |
01.10.2016 |
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|
DIN No.: |
07674590 |
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|
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|
Name : |
Mr. Nishthakar Arya |
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|
Designation : |
Director |
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|
Address : |
H. No. 1156, Sector – 9, Faridabad - 121006, Haryana, India |
||||||||||||
|
Date of Appointment : |
17.01.2017 |
||||||||||||
|
DIN No.: |
00004774 |
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KEY EXECUTIVES
|
Name : |
Mr. Manoj Tomar |
|
Designation : |
Marketing Manager |
|
|
|
|
Name : |
Mrs. Richa Minda |
|
Designation : |
Chief Financial Officer(Kmp) |
|
Address : |
K-10/29A, DLF Phase-II, Gurugram-122002, Haryana, India |
|
Date of Appointment : |
30.09.2014 |
|
PAN No: |
AHWPM1136A |
|
|
|
|
Name : |
Mrs. Payal Girotra |
|
Designation : |
Company Secretary |
|
Address : |
M-334, G.F. Orchid Island, Sector-51, Gurugram-122018, Haryana, India |
|
Date of Appointment : |
26.11.2015 |
|
PAN No: |
AWWPG6289K |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Commitment Finance Limited |
|
5096000 |
|
Mr. Anil Minda |
|
2903000 |
|
Mrs. Kalpana Minda |
|
2426360 |
|
Growfast Securities and Credit Limited |
|
202800 |
|
Kritika Overseas Private Limited |
|
90000 |
|
Swell Exports (Private ) Limited |
|
87500 |
|
Mr. J.P. Minda |
|
52080 |
|
Mrs. Vandana Minda |
|
31460 |
|
Ela Overseas Private Limited |
|
25000 |
|
Kuber Goods Private Limited |
|
25000 |
|
Shyambaba Distributors Private Limited |
|
15000 |
|
Vandana Design (Private ) Limited |
|
13000 |
|
Mukul Mills Private Limited |
|
10000 |
|
Titanic Chemicals Private Limited |
|
10000 |
|
Weldon Vanijya Private Limited |
|
9000 |
|
Mr. Ashwani Minda |
|
3700 |
|
Ms. Richa Minda |
|
100 |
|
Total |
|
11000000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2016
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
49.24 |
|
Public - Bodies corporate |
50.76 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is primarily engaged in the manufacturing and sale of Automotive Components. (Registered activity) |
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Products : |
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
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Exports : |
Not Divulged |
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||||
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Imports : |
Not Divulged |
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||||
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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 declined by the management |
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Bankers : |
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Facilities : |
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Auditors : |
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|
Name : |
V. C. Gautam and Company Chartered Accountants |
|
Address : |
B-3, Kailash Colony, New Delhi-110048, India |
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PAN N Income-tax PAN of auditor or auditor's firm : |
AAAFV3990J |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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|
Enterprises which
are owned, or have significant influence of or are partners with Key
management personnel and their relatives |
L52110DL1986PLC025118
U34300DL2005PLC139206
U74899DL1998PLC094894
U74899DL1995PLC071138
U27101DL2005PTC141949
U72200DL2005PLC136246 |
|
|
|
|
Associates: |
U11200DL2008PLC183011 |
CAPITAL STRUCTURE
As on 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
11000000 |
Equity Shares |
INR 10/- each |
INR 110.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
11000000 |
Equity Shares |
INR 10/- each |
INR 110.000 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
110.000 |
110.000 |
110.000 |
|
(b) Reserves and Surplus |
333.897 |
315.685 |
318.261 |
|
(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) |
443.897 |
425.685 |
428.261 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
322.398 |
112.011 |
176.889 |
|
(b) Deferred tax liabilities (Net) |
57.069 |
46.519 |
42.959 |
|
(c) Other long-term
liabilities |
0.000 |
0.000 |
40.928 |
|
(d) long-term
provisions |
4.571 |
3.103 |
6.613 |
|
Total Non-current
Liabilities (3) |
384.038 |
161.633 |
267.389 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
251.201 |
272.943 |
243.448 |
|
(b) Trade
payables |
421.292 |
386.790 |
335.022 |
|
(c) Other
current liabilities |
71.480 |
183.154 |
25.603 |
|
(d) Short-term
provisions |
5.851 |
0.642 |
23.511 |
|
Total Current
Liabilities (4) |
749.824 |
843.529 |
627.584 |
|
|
|
|
|
|
TOTAL |
1577.759 |
1430.847 |
1323.234 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
694.960 |
670.793 |
585.254 |
|
(ii)
Intangible Assets |
9.041 |
6.940 |
4.625 |
|
(iii) Tangible assets
capital work-in-progress |
46.696 |
32.935 |
58.797 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
15.457 |
16.854 |
10.167 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
3.652 |
11.800 |
2.568 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
22.301 |
|
Total Non-Current
Assets |
769.806 |
739.322 |
683.712 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
341.195 |
326.624 |
301.164 |
|
(c) Trade
receivables |
330.038 |
310.030 |
222.129 |
|
(d) Cash and
bank balances |
12.934 |
8.409 |
4.126 |
|
(e)
Short-term loans and advances |
123.786 |
46.427 |
112.103 |
|
(f) Other
current assets |
0.000 |
0.035 |
0.000 |
|
Total
Current Assets |
807.953 |
691.525 |
639.522 |
|
|
|
|
|
|
TOTAL |
1577.759 |
1430.847 |
1323.234 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Revenue
from operations |
1614.213 |
1536.148 |
1385.629 |
|
|
Other Income |
43.641 |
21.492 |
5.018 |
|
|
TOTAL |
1657.854 |
1557.640 |
1390.647 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
1025.865 |
999.890 |
999.075 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
2.697 |
7.124 |
(72.332) |
|
|
Employee benefit expense |
258.982 |
197.153 |
170.527 |
|
|
CSR expenditure |
0.000 |
0.000 |
0.000 |
|
|
Exceptional items before tax |
0.000 |
0.000 |
0.251 |
|
|
Other expenses |
254.411 |
264.720 |
205.088 |
|
|
TOTAL |
1541.955 |
1468.887 |
1302.609 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
115.899 |
88.753 |
88.038 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
49.674 |
49.688 |
47.641 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND
AMORTISATION |
66.225 |
39.065 |
40.397 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
37.465 |
33.666 |
26.852 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
28.760 |
5.399 |
13.545 |
|
|
|
|
|
|
|
Less |
TAX |
10.550 |
4.924 |
7.022 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
18.210 |
0.475 |
6.523 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
105.377 |
108.992 |
91.198 |
|
|
TOTAL EARNINGS |
105.377 |
108.992 |
91.198 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
333.564 |
340.294 |
340.841 |
|
|
Capital Goods |
22.457 |
9.888 |
21.893 |
|
|
TOTAL IMPORTS |
356.021 |
350.182 |
362.734 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
1.66 |
0.04 |
0.59 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
0.973 |
97.837 |
0.000 |
|
Net cash flows from (used in) operations |
(58.981) |
110.957 |
111.992 |
|
Net cash flows from (used in) operating activities |
(84.825) |
104.619 |
109.276 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
74.63 |
73.67 |
58.51 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
4.89 |
4.95 |
6.24 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
149.89 |
141.19 |
122.40 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.34 |
0.27 |
0.29 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.15 |
0.12 |
0.14 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.68 |
0.74 |
0.61 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
1.29 |
1.13 |
0.98 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
1.69 |
1.98 |
1.47 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
1.69 |
1.67 |
1.51 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
2.33 |
1.79 |
1.85 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
1.13 |
0.03 |
0.47 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
1.15 |
0.03 |
0.49 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
4.10 |
0.11 |
1.52 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.08 |
0.82 |
1.02 |
|
|
|
|
|
|
Quick Ratio ((Current Assets –
Inventories) / Current Liabilities) |
0.62 |
0.43 |
0.54 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.28 |
0.30 |
0.32 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
5.22 |
4.39 |
3.82 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.08 |
0.82 |
1.02 |
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 |
110.000 |
110.000 |
110.000 |
|
Reserves & Surplus |
318.261 |
315.685 |
333.897 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
428.261 |
425.685 |
443.897 |
|
|
|
|
|
|
Long Term borrowings |
176.889 |
112.011 |
322.398 |
|
Short Term borrowings |
243.448 |
272.943 |
251.201 |
|
Current Maturities of Long term debt |
0.000 |
97.837 |
0.973 |
|
Total
borrowings |
420.337 |
482.791 |
574.572 |
|
Debt/Equity
ratio |
0.981 |
1.134 |
1.294 |
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
|
1385.629 |
1536.148 |
1614.213 |
|
|
|
10.863 |
5.082 |
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
|
1385.629 |
1536.148 |
1614.213 |
|
Profit |
6.523 |
0.475 |
18.210 |
|
|
0.47% |
0.03% |
1.13% |
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) |
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 |
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 |
GENERAL INFORMATION
Subject is a public limited company domiciled in India and incorporated on 6th May 1986 under the provisions of the Companies Act, 2013. The registered office of the company is situated at A-9, Ashok Vihar, Phase I, New Delhi - 110052. The company is primarily engaged in the manufacturing and sale of Automotive Components. The company caters to both international and domestic market. The company has its manufacturing plants located at Gurgaon, Manesar, Haridwar and Chennai. In these financial statements, current year figures are from April 1st 2015 to March 31st 2016. The functional and reporting currency of the Company is Indian Rupees (INR).
FINANCIAL SUMMARY OR
HIGHLIGHTS/PERFORMANCE OF THE COMPANY (STANDALONE):-
During the year, sales amounted to INR 1614.213 Million as against INR 1536.148 Million in the previous year. The Company has earned a
Net Profit after tax amounting to INR 18.210 Million as against INR 0.475 in the previous year.
UNSECURED LOAN
|
Unsecured Loan |
31.03.2016 (INR
in Million) |
31.03.2015 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
Term loans from others |
179.201 |
0.000 |
|
|
|
|
|
Total |
179.201 |
0.000 |
INDEX
OF CHARGES:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
B77257400 |
10371376 |
YES BANK LIMITED |
25/06/2012 |
27/05/2013 |
- |
90000000.0 |
9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA,DR. ANNIE BESANT ROAD, WORLI,MUMBAIMH400018IN |
|
2 |
B41019456 |
10359169 |
ICICI BANK LIMITED |
04/06/2012 |
- |
- |
51000000.0 |
LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN |
|
3 |
C06760243 |
10219480 |
KOTAK MAHINDRA BANK LIMITED |
29/04/2010 |
16/06/2014 |
- |
412100000.0 |
7th Floor AMBADEEP BUILDING14, K G MARG, CONNAUGHT PLACENEW DELHIDL110001IN |
|
4 |
A33290743 |
10090182 |
KOTAK MAHINDRA BANK LIMITED |
07/02/2008 |
- |
- |
8700000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
5 |
A51645190 |
10087893 |
KOTAK MAHINDRA BANK LIMITED |
05/02/2008 |
11/11/2008 |
- |
198800000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
6 |
A21118427 |
10064479 |
KOTAK MAHINDRA BANK LIMITED |
30/07/2007 |
- |
- |
95000000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
7 |
A25466251 |
10081087 |
KOTAK MAHINDRA BANK LIMITED |
30/07/2007 |
- |
- |
95000000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
8 |
A51645331 |
80023032 |
KOTAK MAHINDRA BANK LIMITED |
20/08/2004 |
15/10/2008 |
- |
143700000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
9 |
Y10127726 |
90047631 |
HARYANA STATE INDL. DEV. CORP. LTD. |
07/10/1999 |
18/05/2000 |
- |
4000000.0 |
SECTOR 17- ACHANDIGARHCHIN |
|
10 |
Y10126812 |
90046717 |
HARYANA STATE INDL. DEV. CORP. LTD. |
12/12/1996 |
- |
- |
12000000.0 |
SECTOR 17- ACHANDIGARHCHIN |
FIXED ASSETS
- Land
- Buildings
- Office building
- Plant and equipment
- Factory equipments
- Furniture and fixtures
- Vehicles
- Motor vehicles
- Office equipment
- Computer equipments
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 63.39 |
|
|
1 |
INR 85.74 |
|
Euro |
1 |
INR 76.24 |
INFORMATION DETAILS
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
SUJ |
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.