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|
MIRA INFORM REPORT
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Report No. : |
485168 |
|
Report Date : |
11.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
AKTINOS PHARMA PRIVATE LIMITED |
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|
|
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Registered
Office : |
Sri Lakshmi Spaces, 5th Floor, Plot No. 7, Block No. B, Kavuri Hills, Phase- I, Madhapur, Hyderabad – 500033, Telangana |
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Tel. No.: |
91-8458-279811 |
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|
|
|
Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of Incorporation
: |
13.09.2007 |
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Com. Reg. No.: |
36-055510 |
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Capital
Investment / Paid-up Capital : |
INR 32.910 Million |
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|
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CIN No.: [Company Identification
No.] |
U24232TG2007PTC055510 |
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|
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IEC No.: |
0908007949 |
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|
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AAGCA6198J |
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GSTIN : |
Not Divulged |
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Legal Form : |
Private Limited Liability Company. |
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Line of Business
: |
Manufacturer of Pharmaceuticals, Medicinal Chemical and Botanical
Products. (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 |
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Maximum Credit Limit : |
USD 640000 |
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|
|
Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 2007 and it is a manufacturer of
pharmaceuticals, medicinal chemical and botanical products. As per financial of March 2017, the company has registered a growth of
22.73% in its revenue as compared to its previous year and has reported
decent profit margin of 5.02% under review. Rating takes into consideration the company’s satisfactory track record of business operations marked by sound net worth base along with strong debt coverage indicators and decent liquidity position. Rating continues to factor in over two decades of experience of the
promoters in the pharmaceuticals industry and established relationships
reputed clientele base. Further, the company has reported a good earnings per share of INR
14.31 against its face value of INR 10. Payments are reported to be usually 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 |
ICRA |
|
Rating |
Long Term Rating = BB+ |
|
Rating Explanation |
Moderate risk of default. |
|
Date |
10.01.2017 |
|
Rating Agency Name |
ICRA |
|
Rating |
Short Term Rating = A4+ |
|
Rating Explanation |
Minimal degree of safety and very high credit risk. |
|
Date |
10.01.2017 |
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 11.01.2018
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
Management non-cooperative (91-7330915155)
91-8106117991 / 8458-279811 / 40-48541177 (RINGING)
LOCATIONS
|
Registered Office : |
Sri Lakshmi Spaces, 5th Floor, Plot No. 7, Block No. B, Kavuri Hills, Phase- I, Madhapur, Hyderabad – 500033, Telangana, India |
|
Tel. No.: |
91-8458-279811 |
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Mobile No.: |
91-8106117991 (Mr. Narayana Rao) 91-9785906195 (Mr. Ravishanker Kovi) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Corporate Office : |
Sri Lakshmi Spaces, 4th and 5th Floor, Plot No. 7, Block No. B, Kavuri Hills, Phase- I, Madhapur, Hyderabad – 500033, Telangana, India |
|
Tel. No.: |
91-40-48541177 |
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E-Mail : |
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|
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Factory : |
Plot No. 154/A6, Survey No.172/A, SVCIE, IDA Bollaram, Jinnaram
Mandal, Medak District, Telangana, India |
|
Tel. No.: |
91-8458-279811 / 12 |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Ravishanker Kovi |
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|
Designation : |
Director |
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Address : |
43, Keswick Circle, BLK 62.05 LT 6, Monroe Township, New Jersey 08831, United States |
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Date of Birth/Age : |
05.08.1973 |
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Date of Appointment : |
24.07.2017 |
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PAN No.: |
CGYPK3098N |
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Passport No.: |
K7909084 |
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DIN No.: |
00278107 |
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Other Directorship:
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Name : |
Mr. Murali Krishna Madala |
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Designation : |
Managing Director |
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Address : |
6-7-Plot No 6, Gayatri Gardens, Balaji Hills, Quthbullapur, Nizampet, Rangareddi – 500090, Telangana, India |
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Date of Birth/Age : |
03.01.1965 |
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Date of Appointment : |
13.09.2007 |
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DIN No.: |
00928526 |
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Other Directorship:
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Name : |
Ms. Srilakshmi Madala |
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Designation : |
Wholetime Director |
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Address : |
6-7-Plot No 6, Gayatri Gardens, Balaji Hills, Quthbullapur, Nizampet Rangareddi 500090, Telangana, India |
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Date of Birth/Age : |
27.02.1975 |
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Date of Appointment : |
13.09.2007 |
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DIN No.: |
01746196 |
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Other Directorship:
|
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Murali Krishna Madala |
|
1502761 |
|
Srilakshmi Madala |
|
542774 |
|
Madhavi Thrividhi |
|
562086 |
|
Sunitha Arumilli |
|
560495 |
|
B. Rama Krishna |
|
19391 |
|
M. Venugopal Reddy |
|
28500 |
|
P. Nageswara Rao |
|
75000 |
|
|
|
|
|
Total |
|
3291007 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2017
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
62.16 |
|
Promoter - Bodies
corporate |
34.11 |
|
Public – (Individual/ Hindu
Undivided Family – Indian) |
3.73 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of Pharmaceuticals, Medicinal Chemical and Botanical
Products. (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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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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Financial Institute : |
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|
Name : |
Edelweiss Retail Finance Limited |
|
Address : |
Edelweiss House, Off. C.S.T Road, Kalina, Mumbai – 400098, Maharashtra, India |
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|
|
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Auditors : |
|
|
Name : |
Paturi and Associates Chartered Accountants |
|
Address : |
#8-3-318/17/3, G-1, Jayaramakrishna Residency, Jaya Prakash Nagar,
Yellareddyguda, Hyderabad- 500073, Telangana, India |
|
Tel. No.: |
91-40-23746430 |
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Mobile No.: |
91-9848882181 / 8099944939 |
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E-Mail : |
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PAN N Income-tax PAN of auditor or auditor's firm : |
AAQPP2545M |
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Memberships : |
Not Available |
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|
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Collaborators : |
Not Available |
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Subsidiaries Company : |
U85100AP2010PTC070469 |
CAPITAL STRUCTURE
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000000 |
Equity Shares |
INR 10/- each |
INR 100.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3291007 |
Equity Shares |
INR 10/- each |
INR 32.910 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in 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 |
32.910 |
32.910 |
32.910 |
|
(b) Reserves &
Surplus |
190.370 |
143.262 |
108.346 |
|
(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) |
223.280 |
176.172 |
141.256 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
35.839 |
20.761 |
16.710 |
|
(b) Deferred tax liabilities
(Net) |
0.000 |
0.980 |
0.185 |
|
(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) |
35.839 |
21.741 |
16.895 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
64.262 |
56.671 |
49.661 |
|
(b) Trade payables |
107.671 |
157.017 |
79.717 |
|
(c) Other current
liabilities |
11.547 |
33.376 |
10.387 |
|
(d) Short-term provisions |
6.064 |
12.840 |
6.535 |
|
Total Current Liabilities
(4) |
189.544 |
259.904 |
146.300 |
|
|
|
|
|
|
TOTAL |
448.663 |
457.817 |
304.451 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
51.085 |
55.083 |
59.004 |
|
(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 |
154.800 |
133.065 |
42.465 |
|
(c) Deferred tax assets
(net) |
1.369 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
|
(e) Other Non-current
assets |
3.420 |
2.862 |
1.573 |
|
Total Non-Current Assets |
210.674 |
191.010 |
103.042 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
34.859 |
65.010 |
30.836 |
|
(c) Trade receivables |
144.828 |
144.791 |
137.344 |
|
(d) Cash and cash
equivalents |
0.433 |
0.179 |
0.112 |
|
(e) Short-term loans and
advances |
5.907 |
15.268 |
7.061 |
|
(f) Other current assets |
51.962 |
41.559 |
26.056 |
|
Total Current Assets |
237.989 |
266.807 |
201.409 |
|
|
|
|
|
|
TOTAL |
448.663 |
457.817 |
304.451 |
PROFIT
& LOSS ACCOUNT – (STANDALONE)
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
937.526 |
763.875 |
606.717 |
|
|
Other Income |
4.023 |
0.288 |
4.195 |
|
|
TOTAL |
941.549 |
764.163 |
610.912 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
639.827 |
542.112 |
430.360 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
9.481 |
(11.211) |
6.490 |
|
|
Employees benefits
expense |
36.400 |
32.015 |
32.367 |
|
|
Other expenses |
169.965 |
125.093 |
71.235 |
|
|
TOTAL |
855.673 |
688.009 |
540.452 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
85.876 |
76.154 |
70.460 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
10.611 |
9.339 |
6.886 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
75.265 |
66.815 |
63.574 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
8.332 |
9.803 |
11.291 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
66.933 |
57.012 |
52.283 |
|
|
|
|
|
|
|
Less |
TAX |
19.825 |
21.659 |
18.016 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
47.108 |
35.353 |
34.267 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
58.845 |
6.720 |
61.779 |
|
|
TOTAL EARNINGS |
58.845 |
6.720 |
61.779 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials, Stock-in-trade
and Packaging Material |
306.078 |
312.827 |
177.902 |
|
|
TOTAL IMPORTS |
306.078 |
312.827 |
177.902 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
14.31 |
10.61 |
10.41 |
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 |
44.588 |
124.429 |
33.052 |
|
Net cash flow from operating activity |
22.412 |
103.127 |
14.321 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
56.38 |
69.19 |
82.63 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
6.47 |
5.28 |
4.42 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
61.42 |
105.72 |
67.61 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
2.46 |
1.17 |
2.28 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
1.68 |
1.38 |
1.19 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.50 |
0.61 |
0.54 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability /
Networth) |
0.45 |
0.44 |
0.47 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.85 |
1.48 |
1.04 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.23 |
0.31 |
0.42 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
8.09 |
8.15 |
10.23 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
((PAT / Sales) * 100) |
% |
5.02 |
4.63 |
5.65 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
10.50 |
7.72 |
11.26 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
21.10 |
20.07 |
24.26 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.26 |
1.03 |
1.38 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
1.07 |
0.78 |
1.17 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.50 |
0.38 |
0.46 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
3.04 |
2.35 |
2.02 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.26 |
1.03 |
1.38 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are
INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
32.910 |
32.910 |
32.910 |
|
Reserves & Surplus |
108.346 |
143.262 |
190.370 |
|
Net
worth |
141.256 |
176.172 |
223.280 |
|
|
|
|
|
|
Long Term borrowings |
16.710 |
20.761 |
35.839 |
|
Short Term borrowings |
49.661 |
56.671 |
64.262 |
|
Total
borrowings |
66.371 |
77.432 |
100.101 |
|
Debt/Equity
ratio |
0.470 |
0.440 |
0.448 |
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
|
606.717 |
763.875 |
937.526 |
|
|
|
25.903 |
22.733 |
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
|
606.717 |
763.875 |
937.526 |
|
Profit |
34.267 |
35.353 |
47.108 |
|
|
5.65% |
4.63% |
5.02% |
ABRIDGED
BALANCE SHEET – (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
32.910 |
32.910 |
|
(b) Reserves &
Surplus |
|
190.370 |
143.262 |
|
(c) Money received
against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application
money pending allotment |
|
0.000 |
0.000 |
|
(3) Minority Interest |
|
36.249 |
26.754 |
|
Total Shareholders’ Funds
(1) + (2) |
|
259.529 |
202.926 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
|
136.773 |
113.341 |
|
(b) Deferred tax liabilities
(Net) |
|
0.000 |
1.159 |
|
(c) Other long term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
136.773 |
114.500 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
104.167 |
96.113 |
|
(b) Trade payables |
|
183.182 |
253.104 |
|
(c) Other current
liabilities |
|
29.632 |
64.016 |
|
(d) Short-term provisions |
|
8.403 |
13.927 |
|
Total Current Liabilities
(4) |
|
325.384 |
427.160 |
|
|
|
|
|
|
TOTAL |
|
721.686 |
744.586 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
253.921 |
257.725 |
|
(ii) Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Capital
work-in-progress |
|
0.000 |
4.270 |
|
(iv) Intangible assets
under development |
|
0.000 |
0.000 |
|
(b) Non-current
Investments |
|
74.890 |
60.400 |
|
(c) Deferred tax assets
(net) |
|
0.400 |
10.958 |
|
(d) Long-term Loan and Advances |
|
0.000 |
0.000 |
|
(e) Other Non-current
assets |
|
7.785 |
0.000 |
|
Total Non-Current Assets |
|
336.996 |
333.353 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
81.016 |
116.775 |
|
(c) Trade receivables |
|
193.008 |
184.407 |
|
(d) Cash and cash
equivalents |
|
0.636 |
0.296 |
|
(e) Short-term loans and
advances |
|
12.185 |
27.582 |
|
(f) Other current assets |
|
97.845 |
82.173 |
|
Total Current Assets |
|
384.690 |
411.233 |
|
|
|
|
|
|
TOTAL |
|
721.686 |
744.586 |
PROFIT
& LOSS ACCOUNT– (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Income |
|
1278.848 |
1047.875 |
|
|
Other Income |
|
4.758 |
10.268 |
|
|
TOTAL |
|
1283.606 |
1058.143 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
883.094 |
736.929 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
11.985 |
(18.251) |
|
|
Employees benefits
expense |
|
72.043 |
60.333 |
|
|
Other expenses |
|
179.866 |
152.622 |
|
|
TOTAL |
|
1146.988 |
931.633 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
|
136.618 |
126.510 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
25.457 |
25.458 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
|
111.161 |
101.052 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
29.403 |
30.640 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
|
81.758 |
70.412 |
|
|
|
|
|
|
|
Less |
TAX |
|
24.645 |
24.890 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
|
57.113 |
45.522 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
14.83 |
10.46 |
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 |
Yes |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
Yes |
|
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 |
Yes |
|
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 H.No 1-65/14/6/18 Beverly Hills, Guttala Begumpet, Kavuri Hills,
Hyderabad – 500081, Telangana, India to the
present address w.e.f. 31.12.2016
UNSECURED LOAN
|
Unsecured Loan |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Long-term Borrowings |
|
|
|
From Directors |
15.000 |
0.000 |
|
|
|
|
|
From banks and
Financial Institutes |
|
|
|
Magma Fincorp Limited |
4.761 |
9.000 |
|
Kodak Mahindra Bank Limited |
3.746 |
7.175 |
|
Toyata Finance |
0.708 |
1.200 |
|
Capital First Limited |
5.520 |
1.416 |
|
SSV Chits Private Limited |
6.104 |
0.000 |
|
Standard Chartered Bank |
0.000 |
1.970 |
|
|
|
|
|
Total |
35.839 |
20.761 |
INDEX
OF CHARGES:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G54872825 |
100125367 |
EDELWEISS RETAIL FINANCE LIMITED |
11/08/2017 |
- |
- |
10900000.0 |
Edelweiss House, Off. C.S.T Road, Kalina, Mumbai – 400098, Maharashtra, India |
|
2 |
G43608306 |
100094656 |
Axis Bank Limited |
03/04/2017 |
20/04/2017 |
- |
107000000.0 |
Door No 6-3-879/B, 1st Floor, G Pulla Reddy Building, Main Road, Green Lands, Begumpet, Hyderabad – 500016, Telangana, India |
|
3 |
G45575545 |
10100359 |
STATE BANK OF HYDERABAD |
23/04/2008 |
29/02/2016 |
06/06/2017 |
82000000.0 |
Shapur Nagar Branch, Shapur Nagar, Hyderabad – 500055, Telangana, India |
|
4 |
G45574522 |
10372703 |
STASTE BANK OF HYDERABAD |
02/07/2012 |
15/06/2016 |
06/06/2017 |
177500000.0 |
Shapur Nagar Branch, Shapur Nagar, Hyderabad – 500055, Telangana, India |
FIXED ASSETS
- Land
- Building
- Machinery
- Electrical Fittings
- Lab Equipment
- Furniture and Fixture
- Vehicle
- Computer and Peripherals
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
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 63.83 |
|
|
1 |
INR 85.28 |
|
Euro |
1 |
INR 76.14 |
INFORMATION DETAILS
|
Information
Gathered by : |
KAM |
|
|
|
|
Analysis Done by
: |
VIV |
|
|
|
|
Report Prepared
by : |
KJL |
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.