|
|
|
MIRA INFORM REPORT
|
Report No. : |
481300 |
|
Report Date : |
08.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
VILLARES METALS SA |
|
|
|
|
Formerly Known As : |
ELETROMETAL
METAIS ESPECIAIS LTDA. |
|
|
|
|
Registered Office : |
Rua Alfredo
Dumont Villares,155 - Jardim Santa Carolina (Nova Veneza) 13178-902 -
Sumaré/Sp |
|
|
|
|
Country : |
Brazil |
|
|
|
|
Financials (as on) : |
31.03.2017 |
|
|
|
|
Date of Incorporation : |
31.10.1961 |
|
|
|
|
Com. Reg. No.: |
671.208.310.111 |
|
|
|
|
Legal Form : |
Privately Held Corporation |
|
|
|
|
Line of Business : |
Subject is engaged in iron
and steel foundry industry. |
|
|
|
|
No. of Employees : |
1373 |
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 |
|
|
|
|
Payment Behaviour : |
Slow but Correct |
|
|
|
|
Litigation : |
Exist |
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) |
|
Brazil |
A2 |
A2 |
|
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 |
BRAZIL - ECONOMIC OVERVIEW
Brazil is the eighth-largest economy in the world, but is recovering from a recession in 2015 and 2016 that ranks as the worst in the country’s history. Falling commodity prices reduced export revenues and investment, which weakened the Brazilian real and cut tax revenues. The weaker real made existing public debt, which was largely denominated in foreign currency, more expensive. Lower tax revenues strained the government budget.
Economic reforms proposed in 2016 aim to slow the growth of government spending and reduce barriers to foreign investment. Government spending growth helped to push public debt to 70% of GDP at the end of 2016 up from 50% in 2012. Policies to strengthen Brazil’s workforce and industrial sector, such as local content requirements, may have boosted employment at the expense of investment.
Former President Dilma ROUSSEFF was impeached and convicted in August 2016 for moving funds among government budgets; the economy has also been affected by multiple corruption scandals involving private companies and government officials. Sanctions against the firms involved — some of the largest in Brazil — has limited their business opportunities, producing a ripple effect on associated businesses and contractors. In addition, investment in these companies has declined because of the scandals.
Brazil is a member of the Common Market of the South (Mercosur), a trade bloc including Argentina, Paraguay, Uruguay, and Venezuela. After the Asian and Russian financial crises, Mercosur adopted a protectionist stance to guard against exposure to the volatility of foreign markets. Brazil and its Mercosur partners have pledged to open the bloc to more trade and investment, but changes require approval of all five members, which makes policy adjustments too difficult to enact.
|
Source
: CIA |
Company
name and address
VILLARES
METALS S/A
|
ADDRESSES: |
|
MAIN
ADDRESS: |
RUA
ALFREDO DUMONT VILLARES,155 - JARDIM SANTA CAROLINA (NOVA VENEZA) |
|
ZIP
CODE/CITY: |
13178-902
- SUMARÉ/SP |
|
|
|
|
PHONE: |
19
3303-8006 / 19 3303-8000 |
|
FAX: |
19
3303-8164 |
|
E-MAIL: |
eder.dallorto@villaresmetals.com.br |
|
WEB
SITE: |
www.villaresmetals.com.br |
|
BRANCHES: |
|
|
|
|
|
ADDRESS: |
RUA
ALFREDO DUMONT VILLARES,155 - JARDIM SANTA CAROLINA |
|
ZIP
CODE/CITY: |
13178-902
SUMARÉ/SP |
|
PHONE: |
19
3303-8000 |
|
FAX: |
19
3303-8696 |
|
CNPJ: |
42.566.752/0004-07 |
|
STATE
REGISTER: |
671.087.638.111 |
|
|
|
|
ADDRESS: |
RUA
PADRE MADUREIRA,431 - ÁRVORE GRANDE |
|
ZIP
CODE/CITY: |
18013-210
SOROCABA/SP |
|
PHONE: |
15
4009-9301 |
|
FAX: |
15
4009-9459 |
|
CNPJ: |
42.566.752/0006-79 |
|
STATE
REGISTER: |
669.259.259.110 |
|
|
|
|
ADDRESS: |
RUA
ALFREDO DUMONT VILLARES,155 - JARDIM SANTA CAROLINA |
|
ZIP
CODE/CITY: |
13177-900
SUMARÉ/SP |
|
PHONE: |
0800-7070577 |
|
REPRESENTATIVE
OFFICES: BELO
HORIZONTE/MG FAX: 31 3444-5257 CELLULAR:
31 9982-2140 CAMPINAS/SP FAX: 19 3227-7079 CELLULAR:
19 9773-1064/9211-6417 CURITIBA/PR FAX: 41 3585-2000 CELLULAR:
41 9972-3421 PORTO
ALEGRE/RS FAX: 51
3241-3250 CELLULAR: 51 9968-6913 JOINVILLE/SC FAX: 47
3455-2056 CELLULAR:
47 9984-3289 RIO
DE JANEIRO/RJ FAX: 21 2481-1697 CELLULAR:
21 9966-7223 SÃO
PAULO/SP FAX: 11 4238-6495 CELLULAR:
11 8181-9138 CAXIAS
DO SUL/RS FAX: 54 3211-0046 CELLULAR: 54 8121-6999 FOREIGN TRADE OFFICE: BUENOS AIRES/ARGENTINA LAVALLE,
643 - 3º PISO - OFICINA "H" PHONE:
54-11-4322-7882 FAX: 54-11-4322-2210 |
LEGAL
DATA
|
|
MAIN
ACTIVITIES: |
|
IRON AND STEEL FOUNDRY INDUSTRY. |
|
LEGAL
FORM: |
PRIVATELY
HELD CORPORATION |
|
|
|
|
INCORPORATION
DATE: |
31/12/1961 |
|
REGISTER
DATE: |
31/12/1961 |
|
BALANCE
SHEET FILING DATE: |
31/03 |
|
TAX
CONTRIBUTOR NUMBER(CNPJ): |
42.566.752/0001-64 |
|
STATE
REGISTER: |
671.208.310.111 |
|
|
|
|
SHARE
CAPITAL: |
R$
438.876.666,86 |
|
LAST
REGISTER OF CAPITAL: |
31/10/2005 |
|
BOARD
OF DIRECTORS: |
|
|
|
|
|
ARMIN
ANDREAS WUZELLA |
PRESIDENT
DIRECTOR |
|
MARCELO
DE ABREU MARINZEK |
DIRECTOR |
|
AUGUSTO
CESAR FERREIRA LARA |
DIRECTOR |
AUTHORIZED
USE OF SIGNATURE
|
|
THE DIRECTORS ARE AUTHORIZED TO SIGN ON BEHALF OF
THE COMPANY. |
|
SHAREHOLDERS
/ PARTNERS: |
|
|
|
|
|
VOESTALPINE
EDELSTAHL GMBH |
99,99% |
|
BOLDRINI
E CIA LTDA |
0,01% |
|
AFFILIATES
/ SUBSIDIARIES: |
|
|
|
|
|
VILLARES METALS INTERNATIONAL B.V. |
|
|
VOESTALPINE BÖHLER WELDING GERMANY GMBH |
|
|
AÇOS
BOHLER-UDDEHOLM DO BRASIL LTDA. |
|
|
ACEROS
BÖHLER UDDEHOLM S.A. |
|
|
IS
INTERSTEEL STAHLHANDEL GMBH |
|
|
BOHLER-UDDEHOLM
CORPORATION |
|
|
BÖHLER
PACIFIC PTE LTD. |
|
|
ACEROS
BOHLER UDDEHOLM, S.A. DE C.V. |
|
|
UDDEHOLMS
AB |
|
|
BOHLER
UDDEHOLM COLOMBIA SA |
|
|
BÖHLER
INTERNATIONAL GMBH |
|
|
EDRO
SPECIALTY STEELS, INC. |
|
|
BÖHLER-UDDEHOLM
LTD. |
|
|
OTHERS |
|
COMPANY'S
BACKGROUND
|
|
THE SUBJECT WAS ESTABLISHED ON
OCTOBER 31, 1961 TO BE ENGAGED IN THE SAID LINE OF BUSINESS AND UP TO DATE IT
IS STILL OPERATING WITHIN THE GENERAL SCENE REPORTED HEREIN. ON FEBRUARY 10, 1992 SUBJECT
CHANGED ITS CORPORATE NAME FROM ELETROMETAL METAIS ESPECIAIS LTDA. TO
ELETROMETAL S/A METAIS ESPECIAIS. FOLLOWING THIS ON JANUARY 30, 1996 THE
SUBJECT ADOPTED THE PRESENT REGISTERED NAME. ON DECEMBER 23, 2003 THE
CONTROLLER AÇOS VILLARES S.A. SIGNED WITH BÖLER-UDDEHOLM AG, COMPANY
HEADQUARTERED IN VIEN, AUSTRIA, AN INVESTMENT AGREEMENT WHICH, UPON COMPLETED
SOME REQUIREMENTS, WILL RESULT IN THE TRANSFERENCE OF SUBJECT'S CONTROLLING
SHAREHOLDING TO THAT COMPANY. THE OPERATION WILL BE CARRIED OUT THROUGH THE
INCREASE OF SUBJECT'S SHARE CAPITAL, TO BE PAID-UP BY BÖHLER. THE RESOURCES
OF THE CAPITAL INCREASE, IN THE AMOUNT OF R$ 217.348.000,00, AND CONTINGENCY
PRICE ADJUSTMENT BY INVESTMENTS AND WORKING CAPITAL, WILL BE USED TO PAY TO
THE CURRENT CONTROLLER ACOS VILLARES S.A., BY THE ASSUMPTION OF ALL SUBJECT'S
FINANCIAL LIABILITIES. BÖHLER-UDDEHOLM AG IS ONE OF
THE LARGEST PRODUCERS OF HIGH ALLOY STEEL, AND WORLD LEADER IN STEEL-TOOLING. FURTHER DETAILS ABOUT THE
SUBJECT'S HISTORY ARE SO FAR NOT KNOWN. |
|
PUBLIC
INFORMATION: |
|
PROTESTS: |
|
1 PROTEST,TOTAL AMOUNT R$ 10.000,00 |
|
DETAILS
OF LATEST PROTESTS: |
|
NOTARY
OFFICE: |
DATE: |
VALUE: |
|
1º
CARTORIO DE SUMARE/SP |
03/05/2017 |
R$
10.000,00 |
|
LAWSUITS: |
|
|
|
|
DATE: |
COURT
OF LAW: |
|
1 |
STATE
LAWSUIT |
05/06/14 |
VARA
DE SUMARÉ/SP |
|
1 |
FEDERAL
LAWSUIT |
29/09/15 |
3ª
VARA DE CAMPINAS/SP |
|
(RESEARCH
DATE: 18/12/2017) |
FINANCIAL
INFORMATION
|
|
GENERAL BALANCE SHEETS AS OF 31/03/2017, 31/03/2016
AND 31/03/2015. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
ASSETS
|
|
|
|
|
CURRENT: |
31/03/2017 |
31/03/2016 |
31/03/2015 |
|
|
|
|
|
|
CASH
AND BANKS |
11.765 |
21.985 |
9.904 |
|
CLIENTS |
133.598 |
141.810 |
141.533 |
|
INVENTORY |
309.159 |
319.694 |
306.647 |
|
RECOVERABLE
TAXES |
29.065 |
29.925 |
9.260 |
|
DERIVATIVES
OPERATIONS |
170 |
40.537 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
CURRENT ASSETS |
483.757 |
553.951 |
467.344 |
|
LONG-TERM
RECEIVABLES: |
|
|
|
|
|
|
|
|
|
RECOVERABLE
TAXES |
5.431 |
4.515 |
5.316 |
|
DEFERRED
TAXES |
59.355 |
32.670 |
6.367 |
|
OTHER
CREDITS |
3.758 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
LONG-TERM RECEIVABLES |
68.544 |
37.185 |
11.683 |
|
FIXED
ASSETS: |
|
|
|
|
|
|
|
|
|
INVESTMENTS |
11.352 |
15.749 |
14.395 |
|
FIXED
ASSETS |
551.591 |
547.717 |
532.675 |
|
INTANGIBLE |
1.654 |
4.129 |
8.341 |
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
FIXED ASSETS |
564.597 |
567.595 |
555.411 |
|
|
================ |
================ |
================ |
|
TOTAL
ASSETS |
1.116.898 |
1.158.731 |
1.034.438 |
|
LIABILITIES: |
|
|
|
|
CURRENT:
|
31/03/2017 |
31/03/2016 |
31/03/2015 |
|
|
|
|
|
|
LOANS
AND FINANCING |
216.597 |
302.338 |
138.873 |
|
SUPPLIERS |
129.971 |
213.304 |
224.391 |
|
TAXES
& CONTRIBUTIONS |
1.761 |
2.299 |
1.791 |
|
LABOR
OBLIGATIONS |
34.538 |
36.929 |
31.920 |
|
DIVIDENDS |
|
|
104 |
|
DERIVATIVES
OPERATIONS |
30.203 |
10.181 |
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
CURRENT LIABILITIES |
413.070 |
565.051 |
397.079 |
|
LONG
TERM LIABILITIES: |
|
|
|
|
|
|
|
|
|
LOANS
AND FINANCING |
235.708 |
40.233 |
100.288 |
|
PROVISION
FOR CONTINGENCIES |
15.816 |
15.108 |
5.961 |
|
LABOR
PROVISIONS |
51.681 |
57.122 |
|
|
TAXES
AND CONTRIBUTIONS |
1.114 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
LONG TERM LIABILITIES |
304.319 |
112.463 |
106.249 |
|
NET
EQUITY: |
|
|
|
|
|
|
|
|
|
SHARE
CAPITAL |
438.877 |
438.877 |
438.877 |
|
CAPITAL
RESERVES |
5.160 |
5.160 |
4.918 |
|
LEGAL
RESERVES |
|
25.906 |
25.588 |
|
OTHER
COMPREHENSIVE INCOME |
-9.176 |
3.505 |
1.003 |
|
PROFIT
RESERVES |
|
7.769 |
60.724 |
|
ACCRUED
PROFIT (LOSS) |
-35.352 |
|
|
|
|
---------------- |
---------------- |
---------------- |
|
TOTAL
NET EQUITY |
399.509 |
481.217 |
531.110 |
|
|
================ |
================ |
================ |
|
TOTAL
LIABILITIES |
1.116.898 |
1.158.731 |
1.034.438 |
|
PROFIT AND LOSS ACCOUNTS AS OF 31/03/2017,
31/03/2016 AND 31/03/2015. |
|
( FIGURES ARE IN THOUSANDS OF REAIS ). |
|
|
31/03/2017 |
31/03/2016 |
31/03/2015 |
|
|
|
|
|
|
NET
SALES |
862.892 |
982.396 |
914.970 |
|
(-)
COST OF SOLD GOODS |
796.780 |
791.747 |
744.174 |
|
|
---------------- |
---------------- |
---------------- |
|
GROSS
PROFIT |
66.112 |
190.649 |
170.796 |
|
OPERATING
REVENUE (EXPENSE) |
-95.390 |
-131.971 |
-136.586 |
|
FINANCIAL
REVENUE(EXPENSE) |
-64.181 |
-50.553 |
-16.930 |
|
|
---------------- |
---------------- |
---------------- |
|
OPERATIONAL
PROFIT (LOSS) |
-93.459 |
8.125 |
17.280 |
|
CONTRIBUTION/INCOME
TAX |
24.432 |
-1.761 |
-6.321 |
|
|
---------------- |
---------------- |
---------------- |
|
NET
PROFIT (LOSS) |
-69.027 |
6.364 |
10.959 |
|
RATIOS: |
31/03/2017 |
31/03/2016 |
31/03/2015 |
|
QUICK
RATIO |
,42 |
|
,41 |
|
,40 |
|
|
CURRENT
RATIO |
1,17 |
|
,98 |
|
1,18 |
|
|
ACCOUNTS
RECEIVABLE TURNOVER |
6,46 |
TIMES |
6,93 |
TIMES |
6,46 |
TIMES |
|
DAYS'
SALES IN RECEIVABLES |
13,93 |
DAYS |
12,99 |
DAYS |
13,92 |
DAYS |
|
INVENTORY
TURNOVER |
2,58 |
TIMES |
2,48 |
TIMES |
2,43 |
TIMES |
|
ACCOUNTS
PAYABLE PERIOD |
14,68 |
DAYS |
24,25 |
DAYS |
27,14 |
DAYS |
|
RETURN
ON ASSETS |
,77 |
TIMES |
,85 |
TIMES |
,88 |
TIMES |
|
SALES TURNOVER ON NET EQUITY |
2,16 |
TIMES |
2,04 |
TIMES |
1,72 |
TIMES |
|
NET
WORTH TIE-UP |
1,38 |
|
1,14 |
|
1,00 |
|
|
INDEBTEDNESS |
1,80 |
|
1,41 |
|
,95 |
|
|
EQUITY
RATIO |
35,77 |
% |
41,53 |
% |
51,34 |
% |
|
WORKING
CAPITAL RATIO |
17,11 |
% |
-1,96 |
% |
17,70 |
% |
|
GENERAL
SOLVENCY |
1,56 |
|
1,71 |
|
2,06 |
|
|
RETURN
ON NET EQUITY |
-17,28 |
% |
1,32 |
% |
2,06 |
% |
|
RETURN ON SALES (PROFIT MARGIN) |
-8,00 |
% |
,65 |
% |
1,20 |
% |
|
GROSS
PROFIT MARGIN |
7,66 |
% |
19,41 |
% |
18,67 |
% |
|
OPERATIONAL
RESULT |
-10,83 |
% |
,83 |
% |
1,89 |
% |
|
SALES
TURNOVER ON LIABILITIES |
2,09 |
TIMES |
1,74 |
TIMES |
2,30 |
TIMES |
|
FOREIGN
CURRENCY ON ASSETS |
|
|
|
|
|
|
|
FOREIGN
CURRENCY ON LIABILITIES |
|
|
|
|
|
|
|
COMMENTS ON THE FINANCIAL INFORMATION: |
|
FOLLOWS ATTACHED WORKSHEET WITH MAIN FINANCIAL
RATIOS THE FIGURES AVAILABLE SHOW A REGULAR FINANCIAL
STANDING. THE LEVEL OF INDEBTEDNESS IS HIGH BUT IT IS NOTED NORMAL CURRENT
RATIO AND POSITIVE WORKING CAPITAL. ON THE OTHER HAND, IT SHOWS DROP IN SALES
AND MADE NEGATIVE RESULT. |
|
REAL
ESTATE: |
OWNED PREMISES ARE VALUED AT R$
78.966.000,00
|
VEHICLES: |
OWNED VEHICLES ARE VALUED AT R$
6.578.000,00
|
MACHINES: |
OWNED MACHINES AND EQUIPMENTS
ARE VALUED AT R$ 623.168.000,00
INSURANCE
|
|
INSURANCE COMPANY: |
NOT AVAILABLE |
|
COVERAGE: |
FIRE, CIVIL LIABILITY, THEFT
AND OTHERS |
|
VALUE: |
R$ 1.005.000.000,00 |
BANKING
REFERENCES
|
|
|
BRANCH/PHONE: |
CITY: |
|
BANCO
SANTANDER (BRASIL) S/A |
11
3012-7037 |
SÃO
PAULO/SP |
|
BANCO
DO BRASIL S/A |
11
2128-7226 |
SÃO
PAULO/SP |
|
BANCO
BRADESCO S/A |
11
2178-4148 |
SÃO
BERNARDO DO CAMPO/SP |
|
REMARKS: IN BRAZIL THE BANKS ARE PROHIBITED BY LAW
TO PROVIDE INFORMATION OR ANY KIND OF COMMENTS ABOUT THEIR CLIENTS. DUE TO
THIS LAW PROHIBITION WE ARE UNABLE TO PROVIDE ANY BANKING DETAILS. ACCORDING TO THE CENTRAL BANK OF BRAZIL OFFICIAL
REPORT, THE COMPANY HAS NO RETURNED CHECKS UP TO DATE. (IN THE TERMS OF
"CIRCULAR 1682 BRAZILIAN CENTRAL BANK"). DATE RESEARCHED DECEMBER
18, 2017. |
ACTIVITIES
COMMENTS
|
|
SUBJECT IS ENGAGED IN IRON AND STEEL FOUNDRY
INDUSTRY. |
|
IMPORT
AND EXPORT: |
IMPORTS FROM:
|
ITALY, UNITED STATES, CHILE, AUSTRIA, GERMANY AND
SWITZERLAND |
EXPORTS TO:
|
UNITED STATES, ARGENTINA, ITALY AND HOLLAND. |
|
MAIN
CLIENTS: |
|
|
|
|
|
|
|
DOMESTIC
CLIENTS: |
CITY: |
PHONE: |
|
AÇOS
TREFITA LTDA |
SÃO
PAULO/SP |
11
2795-2555 |
|
ARMCO
BRASIL S/A |
SÃO
PAULO/SP |
11
6915-2600 |
|
CARBINOX
IND. E COM. LTDA |
MOGI
DAS CRUZES/SP |
11
4795-9000 |
|
DORMER |
SÃO
PAULO/SP |
11
5660-3034 |
|
EATON
CORPORATION BRASIL |
SÃO
JOSÉ DOS CAMPOS/SP |
12
3331-3233 |
|
JATI-SERVIÇOS
COM. E IMP. DE AÇOS LTDA |
SÃO
PAULO/SP |
11
2172-0405 |
|
SALGUEIRO
IND. E COM. DE AÇO LTDA |
SÃO
PAULO/SP |
11
2274-0133 |
|
SIFCO
S/A |
JUNDIAÍ/SP |
11
7398-1500 |
|
TAURUS
SL |
PORTO
ALEGRE/RS |
51
3021-3000 |
|
TRW
BRASIL S/A |
SANTO
ANDRÉ/SP |
11
3416-4400 |
|
VETCO
GRAY |
JANDIRA/SP |
11
4772-3300 |
|
WELLSTREAM
DO BRASIL INDÚSTRIA E SERVIÇOS |
RIO
DE JANEIRO/RJ |
21
2107-6500 |
|
FOREIGN
CLIENTS: |
COUNTRY: |
|
|
EATON |
ITALY |
|
|
OH
& R/TIMKEN |
UNITED
STATES |
|
|
STELL
INDUSTRIA |
UNITED
STATES |
|
|
STAFF: |
|
|
|
THE COMPANY HAS: 1373 EMPLOYEE(S) |
CONCEPT
AND FULFILMENT
|
|
THE SUBJECT IS A WELL-ESTABLISHED AND LARGE-SIZED COMPANY.
IT BELONGS TO AN IMPORTANT INDUSTRIAL GROUP AND OPERATES WITH A GROWING SCALE
OF ACTIVITIES AND AN EXCELLENT REPUTATION. THE COMPANY HAS TRADE RELATIONS WITH SEVERAL
SUPPLIERS IN BRAZIL. THE SUPPLIERS EXTEND CREDIT FACILITIES TO THE SUBJECT IN
TERMS AND AMOUNTS ACCORDING TO THE COMPANY'S NEEDS AND SO FAR NO PAYMENT
PROBLEMS ARE NOTED. MOST OF THE SUPPLIERS WHICH PROVIDED INFORMATION
REPORTED PROMPT PAYMENTS, THUS THE SUBJECT HAS A GOOD PAYMENT RECORD. THE LAWSUITS REPORTED ARE NOT RELATED WITH TRADE
DEBTS. THEY ARE RELATED TO TAX DEBTS THAT FOR ANY REASON THE COMPANY HAS NOT
YET PAID. NEVERTHELESS WE POINT OUT THAT THE SAID LAWSUITS DO NOT AFFECT THE
COMPANY'S TRADE REPUTATION. THE PROTEST IS IRRELEVANT. |
|
MAIN
SUPPLIERS: |
|
|
|
|
|
|
|
DOMESTIC
SUPPLIERS: |
|
PHONE: |
|
CIA
BRASILEIRA DE PETRÓLEO IPIRANGA |
|
19
3874-1538 |
|
CIA
DE FERRO LIGAS DA BAHIA - FERBASA |
POJUCA/BA |
71
3645-8740 |
|
CIA
DE GÁS DE SÃO PAULO - COMGAS |
CAMPINAS/SP |
19
3797-9750 |
|
CIA
NIQUEL TOCANTINS |
|
11
6956-8600 |
|
COLETTI
COM. SUCATAS DE FERRO E AÇOS LTDA |
|
19
3433-4897 |
|
CPFL
COMERCIALIZAÇÃO BRASIL LTDA |
CAMPINAS/SP |
19
3756-8936 |
|
SUPERGÁSBRAS
DISTRIBUIDORA DE GAZ S/A |
|
19
3874-2464 |
|
VOTORANTIM
METAIS NIQUEL S.A |
SÃO
PAULO/SP |
11
2159-3116 |
|
WHITE
MARTINS GASES INDUSTRIAIS S/A |
|
12
3232-4666 |
|
FOREIGN
SUPPLIERS: |
COUNTRY: |
|
|
CODELCO |
CHILE |
|
|
CORPORACION
NACIONAL DEL COBRE DE CHILE - CODELCO |
SANTIAGO,
CHILE |
(562)
690-3000 |
|
CRONIMET
FERROLEGIERRUNGEN GMBH |
GERMANY |
+49
721 95225-0 |
|
GLENCORE
INTERNATIONAL AG - RIO DE JANEIRO |
BAAR,
SWITZERLAND |
21
3873-3304 |
|
INTERALLOYS
TRADING AND BUSINESS |
AUSTRIA |
+43
1 504-0651 |
|
MOLIBDENOS
Y METALES S/A - MOLYMET |
SANTIAGO,
CHILE |
56-2
3683632 |
|
PAYMENT
HISTORY: |
|
26
SUPPLIERS REPORTED PAYMENTS: |
|
AMOUNT
OF INVOICES PAID: 137 |
|
TOTAL
OF PROMPT PAYMENTS: 93,2% |
|
TOTAL
OF DELAYED PAYMENTS: 6,8% |
|
|
|
HIGHEST
INVOICE: R$ 168.177,00 |
|
HIGHEST
CREDIT: R$ 168.177,00 |
FINAL
OPINION
|
|
THE SUBJECT IS A WELL-ESTABLISHED COMPANY IN
BUSINESS FOR SEVERAL YEARS. IT SHOWS REGULAR FINANCIAL STANDING BUT THE
COMPANY KEEPS OPERATING NORMALLY AND KEEPS MEETING ITS TRADE AND FINANCIAL
COMMITMENTS PROPERLY. BASED ON THE OVERALL INFORMATION AVAILABLE THE
SUBJECT MAY BE CONSIDERED FOR NORMAL TRADE COMMITMENTS. CREDIT FACILITIES ARE
STILL ADVISABLE WITHIN TERMS AND AMOUNTS ADEQUATE TO THE SUBJECT'S SCALE OF
BUSINESS. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.38 |
|
|
1 |
INR 86.02 |
|
Euro |
1 |
INR 76.50 |
|
BRL |
1 |
INR 19.59 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
KET |
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.