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|
MIRA INFORM REPORT
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Report No. : |
484564 |
|
Report Date : |
05.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
ASIA PACIFIC GLOBEX PRIVATE LIMITED (w.e.f. 19.09.2015) |
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|
|
Formerly Known
As : |
ASIA
PACIFIC GLOBEX LIMITED |
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Registered
Office : |
302, Time House, Commercial Complex, Wazirpur Industrial Area, Delhi –
110052 |
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Tel. No.: |
91-11-27377131 |
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|
Country : |
India |
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Financials (as
on) : |
31.03.2016 |
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Date of
Incorporation : |
08.08.1995 |
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Com. Reg. No.: |
55-071542 |
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Capital
Investment / Paid-up Capital : |
INR 25.233 Million |
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|
|
|
CIN No.: [Company Identification
No.] |
U17290DL1995PTC071542 |
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IEC No.: |
Not Available |
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GSTIN/UIN : |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
Not Available |
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|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
The
company is engaged in the business of dealing ferro alloys, metals and also
acting as commission agent etc. [Registered Activity] |
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|
|
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No. of Employees
: |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject is an established company incorporated in the year 1995 and it
is having moderate track. 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 sharply decreased
in its revenue from operation by 89% as compared to previous year and
reported losses. Further, rating is constrained on account of continuously declined in
the revenue profile, gap between trade payable and receivables modest
liquidity position and intensity competitive nature of the industry. However, rating weakness is partially offset by adequate networth base
along with average debt balance sheet. Trade relations are reported to be fair. Business is active. Payment
terms are slow but correct. The company can be considered for business dealings with some caution.
|
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 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.
LOCATIONS
|
Registered Office : |
302, Time House, Commercial Complex, Wazirpur Industrial Area, Delhi –
110052, India |
|
Tel. No.: |
91-11-27377131 |
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Fax No.: |
Not Ava |
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E-Mail : |
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Head Office : |
Village: Ambey Majra, Mandi Gobindgarh – 147301, Punjab, India |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Rakesh Rawat |
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Designation : |
Director |
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Address : |
A-255, Derawal Nagar, G.T. Karnal Road, Delhi – 110009, India |
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Date of Appointment : |
10.11.2017 |
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DIN No.: |
00502164 |
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Other Directorship:
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Name : |
Mr. Tushar Rawat |
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Designation : |
Director |
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Address : |
A-255, Derawal Nagar, G.T. Karnal Road, Delhi – 110009, India |
||||||||||||||||
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Date of Birth/Age : |
18.08.1981 |
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Date of Appointment : |
10.10.2005 |
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DIN No.: |
00512880 |
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Other Directorship:
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Name : |
Kamla Devi |
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Designation : |
Director |
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Address : |
A-255, Derawal Nagar, G.T. Karnal Road, Delhi – 110009, India |
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Date of Birth/Age : |
22.03.1935 |
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Date of Appointment : |
26.09.2009 |
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DIN No.: |
02650633 |
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Other Directorship:
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Name : |
Rashi Khandelwal |
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Designation : |
Director |
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Address : |
A-255, Derawal Nagar, G.T. Karnal Road, Delhi – 110009, India |
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Date of Birth/Age : |
25.02.1987 |
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Date of Appointment : |
30.09.2013 |
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DIN No.: |
06387465 |
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MAJOR SHAREHOLDERS
AS ON 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Ranjeet Kaur |
|
5500 |
|
Gita Shah |
|
12900 |
|
Manish Shah HUF |
|
9700 |
|
Subhash Kumar |
|
6550 |
|
Manish Shah |
|
9300 |
|
Tushar Rawat |
|
198707 |
|
OPRK Ferro Alloys Limited, India |
|
166800 |
|
Raj Kumar |
|
12500 |
|
Shiv Kumar Pathak HUF |
|
10000 |
|
Gita Devi Choudhary |
|
1000 |
|
Manoj Kumar Choudhary |
|
2200 |
|
Arun Kumar Sharma |
|
2000 |
|
Raj Rani Sharma |
|
200 |
|
Prem Prakash and Sons HUF |
|
1000 |
|
Sonam Shah |
|
1250 |
|
Pramesh Shah HUF |
|
1000 |
|
Prem Prakash Shah |
|
1000 |
|
Vandana Shah |
|
1600 |
|
Girija Rajan |
|
400 |
|
Ram Sanjeevan |
|
10000 |
|
Ram Sanjeevan (HUF) |
|
11500 |
|
Harish Chand Gupta |
|
500 |
|
Nitesh Khandelwal |
|
700 |
|
Amit Kapoor |
|
9000 |
|
Sunil Kumar |
|
10000 |
|
Pawan Kumar |
|
9000 |
|
Vimal Gupta |
|
1000 |
|
Ajp Agencies Private Limited, India |
|
71000 |
|
Ajp Towers Private Limited, India |
|
95000 |
|
Ram Kumarjha |
|
12000 |
|
Dhirender Kumar HUF |
|
10000 |
|
Veena Jha |
|
7000 |
|
Sree Shyam Consumer Goods Private Limited, India |
|
110000 |
|
Sunshine Vinimay Private Limited, India |
|
20000 |
|
Shree Krishan Dealcom Private Limited, India |
|
77000 |
|
Aswani Aaj |
|
10000 |
|
Lucky Suppliers Private Limited, India |
|
10000 |
|
Neelam Rawat |
|
1305000 |
|
Sheela Rawat |
|
255000 |
|
Gunjan Ispat Private Limited, India |
|
46000 |
|
|
|
|
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Total |
|
2523307 |
Equity Share Break up (Percentage of Total Equity)
AS ON 30.09.2016
|
Category |
Percentage |
|
Promoters [Individual/Hindu Undivided
Family (Indian)] |
69.70 |
|
Promoters [Bodies
corporate] |
9.23 |
|
Public/Other than promoters
[Individual/Hindu Undivided Family (Indian)] |
4.98 |
|
Public/Other than promoters [Body corporate] |
14.38 |
|
Public/Other than promoters [Others {HUF}] |
1.71 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
The
company is engaged in the business of dealing ferro alloys, metals and also
acting as commission agent etc. [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 Available |
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Imports : |
Not Available |
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Terms : |
Not Available |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Not Available |
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Bankers : |
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Facilities : |
NOTES: LONG TERM BORROWINGS Loan from ING Vysya
Bank is secured against equitable mortgage of residential property belonging to
the relative of directors and personal guarantee of directors. |
|
Auditors : |
|
|
Name : |
K A V and Associates Chartered Accountants |
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Address : |
A-100, Ranjeet Nagar, Alwar – 301001, Rajasthan, India |
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PAN No.: |
AALFK4860B |
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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 : |
·
Sharp Ferro Alloys Limited ·
Gunjan Ispat Private Limited ·
Almet Alloys (India) Private Limited ·
OPRK Ferro Alloys Private Limited |
CAPITAL STRUCTURE
AS ON 29.09.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3000000 |
Equity Shares |
INR 10/- each |
INR 30.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2523307 |
Equity Shares |
INR 10/- each |
INR 25.233 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in 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 |
25.233 |
25.233 |
25.233 |
|
(b) Reserves & Surplus |
69.346 |
71.800 |
70.860 |
|
(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) |
94.579 |
97.033 |
96.093 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
111.099 |
116.433 |
121.034 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(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) |
111.099 |
116.433 |
121.034 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
3.309 |
3.309 |
19.863 |
|
(c) Other
current liabilities |
5.325 |
4.219 |
4.420 |
|
(d) Short-term
provisions |
0.000 |
0.409 |
0.558 |
|
Total Current
Liabilities (4) |
8.634 |
7.937 |
24.841 |
|
|
|
|
|
|
TOTAL |
214.312 |
221.403 |
241.968 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
0.010 |
0.010 |
0.011 |
|
(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 |
112.178 |
107.048 |
107.048 |
|
(c) Deferred tax assets (net) |
0.093 |
0.100 |
0.110 |
|
(d)
Long-term Loan and Advances |
11.071 |
33.378 |
33.498 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
123.352 |
140.536 |
140.667 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade
receivables |
37.809 |
29.135 |
41.758 |
|
(d) Cash
and cash equivalents |
3.273 |
6.380 |
5.388 |
|
(e)
Short-term loans and advances |
49.878 |
45.352 |
54.155 |
|
(f) Other
current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
90.960 |
80.867 |
101.301 |
|
|
|
|
|
|
TOTAL |
214.312 |
221.403 |
241.968 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
|
SALES |
|
|
|
|
|
|
|
Income |
12.865 |
127.544 |
332.545 |
|
|
|
Other Income |
1.678 |
0.172 |
0.830 |
|
|
|
TOTAL |
14.543 |
127.716 |
333.375 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Purchase of Stock-in-trade |
0.000 |
106.486 |
320.113 |
|
|
|
Changes in Inventories of stock-in-trade |
0.000 |
0.000 |
2.466 |
|
|
|
Employee Benefits Expenses |
2.159 |
2.066 |
1.594 |
|
|
|
Other Expenses |
0.788 |
2.976 |
1.055 |
|
|
|
TOTAL |
2.947 |
111.528 |
325.228 |
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
11.596 |
16.188 |
8.147 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
13.988 |
14.827 |
6.296 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION |
(2.392) |
1.361 |
1.851 |
|
|
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
0.000 |
0.002 |
0.069 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX |
(2.392) |
1.359 |
1.782 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.008 |
0.420 |
0.551 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
AFTER TAX |
(2.400) |
0.939 |
1.231 |
|
|
|
|
|
|
|
|
|
|
Earnings /
(Loss) Per Share (INR) |
(0.95) |
0.37 |
0.49 |
|
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
4.957 |
3.818 |
3.015 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flow from (used in) operations |
NA |
NA |
NA |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
1072.70 |
83.38 |
45.83 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
0.34 |
4.38 |
7.96 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
0.00 |
11.34 |
22.65 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
1159.60 |
1618.80 |
740.64 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.58 |
0.58 |
0.62 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
1.23 |
1.24 |
1.29 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.09 |
0.08 |
0.26 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
0.83 |
1.09 |
1.29 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
PAT to Sales ((PAT
/ Sales) * 100) |
% |
(18.66) |
0.74 |
0.37 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
(1.12) |
0.42 |
0.51 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
(2.54) |
0.97 |
1.28 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
10.54 |
10.19 |
4.08 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
10.54 |
10.19 |
4.08 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.44 |
0.44 |
0.40 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
4.60 |
4.77 |
4.92 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
10.54 |
10.19 |
4.08 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
25.233 |
25.233 |
25.233 |
|
Reserves & Surplus |
70.860 |
71.800 |
69.346 |
|
Net
worth |
96.093 |
97.033 |
94.579 |
|
|
|
|
|
|
Long Term borrowings |
121.034 |
116.433 |
111.099 |
|
Short Term borrowings |
0.000 |
0.000 |
0.000 |
|
Current maturities of long term debt |
3.015 |
3.818 |
4.957 |
|
Total
borrowings |
124.049 |
120.251 |
116.056 |
|
Debt/Equity
ratio |
1.291 |
1.239 |
1.227 |
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
|
332.545 |
127.544 |
12.865 |
|
|
|
(61.646) |
(89.913) |
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
|
332.545 |
127.544 |
12.865 |
|
Profit/(Loss) |
1.231 |
0.939 |
(2.400) |
|
|
0.37% |
0.74% |
(18.66%) |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
25.233 |
25.233 |
|
(b) Reserves &
Surplus |
|
249.877 |
271.224 |
|
(c) Money received
against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
|
0.000 |
0.000 |
|
Total Shareholders’ Funds
(1) + (2) |
|
275.110 |
296.457 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
|
111.099 |
116.433 |
|
(b) Deferred tax
liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long term liabilities |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
111.099 |
116.433 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
0.000 |
0.000 |
|
(b) Trade payables |
|
0.000 |
3.309 |
|
(c) Other current
liabilities |
|
3.309 |
4.219 |
|
(d) Short-term provisions |
|
5.325 |
0.410 |
|
Total Current Liabilities
(4) |
|
8.634 |
7.938 |
|
|
|
|
|
|
TOTAL |
|
394.843 |
420.828 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
0.010 |
0.010 |
|
(ii) Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
|
0.000 |
0.000 |
|
(iv) Intangible assets
under development |
|
0.000 |
0.000 |
|
(b) Non-current
Investments |
|
292.710 |
306.473 |
|
(c) Deferred tax assets
(net) |
|
0.092 |
0.100 |
|
(d) Long-term Loan and Advances |
|
11.071 |
33.378 |
|
(e) Other Non-current
assets |
|
0.000 |
0.000 |
|
Total Non-Current Assets |
|
303.883 |
339.961 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
0.000 |
0.000 |
|
(c) Trade receivables |
|
37.809 |
29.135 |
|
(d) Cash and cash
equivalents |
|
3.273 |
6.380 |
|
(e) Short-term loans and
advances |
|
49.878 |
45.352 |
|
(f) Other current assets |
|
0.000 |
0.000 |
|
Total Current Assets |
|
90.960 |
80.867 |
|
|
|
|
|
|
TOTAL |
|
394.843 |
420.828 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
|
12.865 |
127.544 |
|
|
Other Income |
|
1.678 |
0.172 |
|
|
TOTAL |
|
14.543 |
127.716 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchases of
Stock-in-Trade |
|
0.000 |
106.486 |
|
|
Employees benefits
expense |
|
2.159 |
2.066 |
|
|
Other expenses |
|
0.788 |
2.976 |
|
|
TOTAL |
|
2.947 |
111.528 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
|
11.596 |
16.188 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
13.988 |
14.827 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
|
(2.392) |
1.361 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
|
0.000 |
0.002 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
|
(2.392) |
1.359 |
|
|
|
|
|
|
|
Less |
TAX |
|
0.008 |
0.420 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX |
|
(2.400) |
0.939 |
|
|
|
|
|
|
|
Less/ Add |
SHARE
OF PROFIT IN ASSOCIATE COMPANY – SHARP
FERRO ALLOYS LIMITED |
|
18.893 |
(2.377) |
|
|
|
|
|
|
|
|
Balance Carried to the
B/S |
|
(21.293) |
3.316 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
(8.44) |
1.31 |
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 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 |
NOTE: Registered office
of the company has been shifted from Plot 76E, Block-E, Jeevan Park Village, Siraspur,
New Delhi – 110042, India to the present address w.e.f. 14.02.2006
INDEX OF CHARGES:
|
S No |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
B93952018 |
10471371 |
Bank of India (Lead Bank) |
26/12/2013 |
- |
- |
135000000.0 |
New Delhi Mid Corporate Branch37, Saheed Bhagat Singh Marg, Connaught Place, New Delhi DL110001IN |
|
2 |
G33513060 |
10160089 |
Bank of India (Lead Bank) |
18/04/2009 |
23/12/2016 |
- |
737500000.0 |
New Delhi Mid Corporate Branch PTI Building, 4 Parliament Street New Delhi DL110001IN |
|
3 |
G39238993 |
10160090 |
Bank of India (Lead Bank) |
18/04/2009 |
- |
17/03/2017 |
279500000.0 |
New Delhi Corporate Banking Branch37, Shaheed Bhagat Singh Marg, Connaught Place, New Delhi DL110001IN |
|
4 |
B77720852 |
10242376 |
Bank of India (Lead Bank) |
21/08/2010 |
- |
10/06/2013 |
120000000.0 |
New Delhi Corporate Banking Branch37, Shaheed Bhagat Singh Marg, Connaught Place, New Delhi DL110001IN |
|
5 |
A67398560 |
10148047 |
Bank of India |
16/02/2009 |
- |
10/08/2009 |
329500000.0 |
New Delhi Corporate Banking Branch37, Shaheed Bhagat Singh Marg, Connaught Place, New Delhi DL110001IN |
|
6 |
A67362681 |
10147820 |
Oriental Bank of Commerce |
30/01/2009 |
- |
10/08/2009 |
162500000.0 |
Nachan Road, Benachity, Durgapur WB713213IN |
|
7 |
A66576059 |
10148953 |
State Bank of Bikaner & Jaipur |
13/02/2009 |
- |
24/07/2009 |
67500000.0 |
CNW Branch, Barakhamba Road, New Delhi DelhiDL110001in |
FIXED ASSETS:
Tangible Assets
·
Car
·
Computer
Intangible Assets
·
Mining Leasel Rights
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 76.25 |
INFORMATION DETAILS
|
Analysis Done by
: |
PSD |
|
|
|
|
Report Prepared
by : |
NKT |
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.