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|
|
MIRA INFORM REPORT
|
Report No. : |
484502 |
|
Report Date : |
08.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
SV INSTRUMENTS ANALYTICA PRIVATE LIMITED |
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|
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|
Registered
Office : |
3269, Ranjit Nagar, Near Pusa Gate, New Delhi – 110008 |
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Tel. No.: |
91-11-25843571, 25843572 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
16.09.1993 |
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Com. Reg. No.: |
55-055239 |
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Capital
Investment / Paid-up Capital : |
INR 4.000 Million |
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|
|
|
CIN No.: [Company Identification
No.] |
U74899DL1993PTC055239 |
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|
|
IEC No.: |
Not Divulged |
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GSTIN: |
Not Divulged |
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TAN No.: [Tax Deduction & Collection
Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AAACS1193B |
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|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
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No. of Employees
: |
19 (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 |
|
Status : |
Satisfactory |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
SV Instruments Analytica Private Limited was incorporated in the year 1993.
It is a trader and importer of Laboratory Instruments like Rent mater and
Viscometer. For the financial year 2017, there has been minimal decrease in its
revenue by 0.82% but has managed to maintain low profit margin of 0.24%. The satisfactory financial profile of the company is marked by
comfortable networth base along with negligible debt level. The rating takes into consideration the subject’s long track record of
business operations along with extensive experience of its promoters. Business is active. Payments are reported to be slow but correct. In view of aforesaid, the company can be considered for business at
usual trade terms and condition. |
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 08.01.2018
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. Barun |
|
Designation : |
Manager |
|
Contact No.: |
91-9313848299 |
|
Date : |
06.01.2018 |
LOCATIONS
|
Registered Office : |
3269, Ranjit Nagar, Near Pusa Gate, New Delhi – 110008, India |
|
Tel. No.: |
91-11-25843571, 25843572 |
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Mobile No.: |
91-9313848299 (Mr. Barun) |
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Fax No.: |
91-11-25840571, 25841571 |
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E-Mail : |
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Website : |
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Location: |
Owned |
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Locality: |
Commercial |
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|
|
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Head Office : |
27-B, Udyog Vihar, Phase V, Sector 19, Gurugram – 122016, Haryana, India |
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Tel. No.: |
91-124-4266780/81 |
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E-Mail : |
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Branch 1 |
Office No. 506, Fifth Floor, Navarang Shopping Arcade, Alok Hotel, Thane-West, Thane – 400602, Maharashtra, India |
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Tel. No.: |
91-22-66734851 |
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E-Mail : |
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Branch 2 |
No. 3/23, 1st Floor, 80 Feet Road, Siddaiah Puranik Road, K.H.B. Colony, II Stage, Basaveshwara Nagar, Bangalore- 560079, Karnataka, India |
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Tel. No.: |
91-80-32500028, 23400835 |
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E-Mail : |
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Branch 3 |
207, S.R. Complex, Opposite CCMB, Uppal Road, Hyderabad – 500007, Telangana, India |
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Tel. No.: |
91-40-27158453 |
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Fax No.: |
91-40-27156344 |
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E-Mail : |
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Branch 4 |
301, 3rd Floor, Ballygunge, A.C. Market, 46/31/1, Gariahat Road, Kolkata - 700029, West Bengal, India |
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Tel. No.: |
91-33-24617707 |
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Fax No.: |
91-33-24617739 |
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E-Mail : |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Shiv Kumar Kaushik |
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Designation : |
Managing Director |
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Address : |
3269, Ranjit Nagar, New Delhi-110008, India |
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Date of Appointment : |
16.09.1993 |
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DIN No: |
00711058 |
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Other Directorship:
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Name : |
Mrs. Chaitanya Kaushik |
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Designation : |
Director |
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Address : |
3269, Ranjit Nagar, New Delhi-110008, India |
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Date of Appointment : |
01.01.2010 |
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DIN No: |
02889492 |
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Other Directorship:
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Name : |
Mr. Rajesh Kumar |
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Designation : |
Director |
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Address : |
B-117, East Vinod Nagar, Delhi-110091, India |
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Date of Appointment : |
01.01.2010 |
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DIN No: |
02911007 |
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KEY EXECUTIVES
|
Name : |
Mr. Barun |
|
Designation : |
Manager |
MAJOR SHAREHOLDERS
As on 31.03.2017
|
Names of Shareholders |
No. of Shares |
% of Holding |
|
Shiv Kumar Kaushik |
311500 |
%age |
|
Kusum Kaushik |
76000 |
77.88 |
|
Rishi Kaushik |
12500 |
19.00 |
|
Total |
400000 |
3.13 |
Equity Share Break up (Percentage of Total Equity)
As on: 30.09.2017
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family – Indian) |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business
: |
Trading and Importing of Scientific
Instruments and Components and Servicing. (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 : |
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Products : |
Instruments |
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Countries : |
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Terms : |
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Selling : |
L/C and Cheque |
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Purchasing : |
Bank Transfer |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
End Users
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No. of Employees : |
19 (Approximately) |
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Bankers : |
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Facilities : |
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Auditors : |
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|
Name : |
Goyal Malhotra and Associates Chartered Accountants |
|
Address : |
D-64, Ground Floor, Near Park Plaza Hotel, Sector-55, Noida – 201301, Uttar Pradesh, India |
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Tel. No.: |
91-120-4340341 / 4155181 |
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Mobile No.: |
91-8130048250 |
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E-Mail : |
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Website: |
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Income-tax
PAN of auditor or auditor's firm : |
AAKFA1724D |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associate: |
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Other Related parties: |
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CAPITAL STRUCTURE
As on: 30.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
750000 |
Equity Shares |
INR 10/- each |
INR 7.500 Million |
|
250000 |
Preference Shares |
INR 10/- each |
INR 2.500 Million |
|
|
Total |
|
INR 10.000
Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
400000 |
Equity Shares |
INR 10/- each |
INR 4.000 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET (STANDALONE)
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
4.000 |
4.000 |
4.000 |
|
(b) Reserves & Surplus |
27.238 |
27.025 |
26.411 |
|
(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) |
31.238 |
31.025 |
30.411 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
10.239 |
9.799 |
2.999 |
|
(b) Deferred tax liabilities (Net) |
0.039 |
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) |
10.278 |
9.799 |
2.999 |
|
|
|
|
|
|
(4) Current
Liabilities |
|
|
|
|
(a) Short
term borrowings |
3.917 |
5.153 |
3.959 |
|
(b) Trade
payables |
11.494 |
13.519 |
9.950 |
|
(c) Other
current liabilities |
19.818 |
19.593 |
5.739 |
|
(d) Short-term
provisions |
0.156 |
0.254 |
0.244 |
|
Total Current
Liabilities (4) |
35.385 |
38.519 |
19.892 |
|
|
|
|
|
|
TOTAL |
76.901 |
79.343 |
53.302 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
1.798 |
3.487 |
5.283 |
|
(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 |
5.925 |
5.925 |
5.925 |
|
(c) Deferred tax assets (net) |
0.000 |
0.410 |
0.305 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
|
(e) Other
Non-current assets |
2.678 |
1.268 |
0.374 |
|
Total Non-Current
Assets |
10.401 |
11.090 |
11.887 |
|
|
|
|
|
|
(2) Current
assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
20.913 |
18.075 |
15.454 |
|
(c) Trade
receivables |
38.083 |
40.082 |
17.133 |
|
(d) Cash
and cash equivalents |
2.181 |
2.364 |
2.618 |
|
(e) Short-term
loans and advances |
0.331 |
0.308 |
0.380 |
|
(f) Other
current assets |
4.992 |
7.424 |
5.830 |
|
Total
Current Assets |
66.500 |
68.253 |
41.415 |
|
|
|
|
|
|
TOTAL |
76.901 |
79.343 |
53.302 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
88.117 |
88.849 |
64.061 |
|
|
Other Income |
2.728 |
1.568 |
0.247 |
|
|
TOTAL |
90.845 |
90.417 |
64.308 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchases of
Stock-in-Trade |
42.867 |
42.226 |
25.376 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(2.837) |
(2.622) |
(3.774) |
|
|
Employees benefits
expense |
24.765 |
25.815 |
23.204 |
|
|
Other expenses |
23.331 |
21.480 |
16.954 |
|
|
TOTAL |
88.126 |
86.899 |
61.760 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
2.719 |
3.518 |
2.548 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
0.886 |
0.955 |
0.870 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
1.833 |
2.563 |
1.678 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
1.015 |
1.789 |
1.030 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
0.818 |
0.774 |
0.648 |
|
|
|
|
|
|
|
Less |
TAX |
0.604 |
0.160 |
0.025 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
0.214 |
0.614 |
0.623 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
24.008 |
24.761 |
25.479 |
|
|
TOTAL EARNINGS |
24.008 |
24.761 |
25.479 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
0.53 |
1.53 |
1.56 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operating activity |
NA |
NA |
NA |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
157.75 |
164.66 |
97.62 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
2.31 |
2.22 |
3.74 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
97.87 |
116.86 |
143.12 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.13 |
0.19 |
0.16 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
1.51 |
1.01 |
0.48 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.59 |
0.61 |
0.43 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.45 |
0.48 |
0.23 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
1.13 |
1.24 |
0.65 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.06 |
0.11 |
0.17 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
3.07 |
3.68 |
2.93 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
0.24 |
0.69 |
0.97 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
0.28 |
0.77 |
1.17 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
0.69 |
1.98 |
2.05 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.88 |
1.77 |
2.08 |
|
|
|
|
|
|
Quick Ratio ((Current Assets –
Inventories) / Current Liabilities) |
1.29 |
1.30 |
1.31 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.41 |
0.39 |
0.57 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
3.54 |
3.74 |
1.74 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.88 |
1.77 |
2.08 |
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 |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
4.000 |
4.000 |
4.000 |
|
Reserves & Surplus |
26.411 |
27.025 |
27.238 |
|
Net
worth |
30.411 |
31.025 |
31.238 |
|
|
|
|
|
|
long-term borrowings |
2.999 |
9.799 |
10.239 |
|
Short term borrowings |
3.959 |
5.153 |
3.917 |
|
Total
borrowings |
6.958 |
14.952 |
14.156 |
|
Debt/Equity
ratio |
0.229 |
0.482 |
0.453 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
64.061 |
88.849 |
88.117 |
|
|
|
38.694 |
(0.824) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
64.061 |
88.849 |
88.117 |
|
Profit |
0.623 |
0.614 |
0.214 |
|
|
0.97% |
0.69% |
0.24% |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
4.000 |
4.000 |
|
(b) Reserves & Surplus |
|
24.487 |
29.054 |
|
(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) |
|
28.487 |
33.054 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
10.239 |
9.799 |
|
(b) Deferred tax liabilities (Net) |
|
0.039 |
0.000 |
|
(c) Other long term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
10.278 |
9.799 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
|
3.917 |
5.153 |
|
(b) Trade
payables |
|
11.494 |
13.519 |
|
(c) Other
current liabilities |
|
18.608 |
18.605 |
|
(d) Short-term
provisions |
|
0.156 |
0.254 |
|
Total Current
Liabilities (4) |
|
34.175 |
37.531 |
|
|
|
|
|
|
TOTAL |
|
72.940 |
80.384 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current
assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
1.798 |
3.487 |
|
(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 |
|
1.964 |
6.966 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.410 |
|
(d) Long-term Loan and Advances |
|
0.000 |
0.000 |
|
(e) Other
Non-current assets |
|
2.678 |
1.268 |
|
Total Non-Current
Assets |
|
6.440 |
12.131 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
20.913 |
18.075 |
|
(c) Trade
receivables |
|
38.083 |
40.082 |
|
(d) Cash
and cash equivalents |
|
2.181 |
2.364 |
|
(e) Short-term
loans and advances |
|
0.331 |
0.308 |
|
(f) Other
current assets |
|
4.992 |
7.424 |
|
Total
Current Assets |
|
66.500 |
68.253 |
|
|
|
|
|
|
TOTAL |
|
72.940 |
80.384 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Income |
|
88.117 |
88.849 |
|
|
Other Income |
|
2.728 |
1.568 |
|
|
TOTAL |
|
90.845 |
90.417 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchases of
Stock-in-Trade |
|
42.867 |
42.226 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
(2.837) |
(2.622) |
|
|
Employees benefits
expense |
|
24.765 |
25.815 |
|
|
Other expenses |
|
23.331 |
21.480 |
|
|
TOTAL |
|
88.126 |
86.899 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
|
2.719 |
3.518 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
0.886 |
0.955 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX,
DEPRECIATION AND AMORTISATION |
|
1.833 |
2.563 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
|
1.015 |
1.789 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
|
0.818 |
0.774 |
|
|
|
|
|
|
|
Less |
TAX |
|
0.604 |
0.160 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
|
0.214 |
0.614 |
|
|
|
|
|
|
|
Less |
SHARE AFTER TAX PFOIT OF
ASSOCIATES |
|
(4.780) |
(0.688) |
|
|
|
|
|
|
|
|
PROFIT FOR THE YEAR |
|
(4.566) |
(0.074) |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
(11.42) |
(0.19) |
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 |
Yes |
|
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 |
No |
|
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 |
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 |
Yes |
|
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 |
STATE OF COMPANY’S
AFFAIRS:
During the year, the gross revenue of the Company was INR 90.845 million
against INR 90.417 million in the previous year. Further, the company earned a
profit of INR 0.214 million as compared to the profit of INR 0.614 million in
the previous year.
UNSECURED LOAN
|
PARTICULARS |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
Loan from Director and shareholders |
10.239 |
9.799 |
|
|
|
|
|
Total |
10.239 |
9.799 |
INDEX
OF CHARGES
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
A60349123 |
10042916 |
HDFC BANK LIMITED |
25/01/2007 |
06/03/2009 |
- |
12500000.0 |
HDFC BANK, HOUSE SENAPATI BAPAT MARG, LOWER PAREL (WEST), MUMBAI-400013, MAHARASHTRA, INDIA |
|
2 |
A09715442 |
90050588 |
ANDHRA BANK |
06/05/2004 |
22/07/2005 |
25/01/2007 |
5000000.0 |
KAROL BAGH BRANCH, NEW DELHI-110005, INDIA |
FIXED ASSETS
- Air
Conditioner
- Computer
- Office Equipment
- Furniture and
Fixture
- Plant and
Machinery
- Vehicle
- Car
- Motor Cycle
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 63.38 |
|
|
1 |
INR 86.02 |
|
Euro |
1 |
INR 76.50 |
INFORMATION DETAILS
|
Information
Gathered by : |
PNM |
|
|
|
|
Analysis Done by
: |
VRS |
|
|
|
|
Report Prepared
by : |
MTN |
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.