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|
MIRA INFORM REPORT
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Report No. : |
486350 |
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Report Date : |
16.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
AMPHENOL INTERCONNECT INDIA PRIVATE
LIMITED |
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|
|
Registered
Office : |
Plot No.105, Post Box No.1, Bhosari Industrial Area, Bhosari, Pune –
411026, Maharashtra |
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Tel. No.: |
91-20-67360304 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
20.02.1970 |
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Com. Reg. No.: |
11-014544 |
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Capital
Investment / Paid-up Capital : |
INR 7.040 Million |
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CIN No.: [Company Identification
No.] |
U32109MH1970PTC014544 |
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IEC No.: |
0388081554 |
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TIN No.: |
27380000418 |
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GST No.: |
27AACCA3419J1ZS |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AACCA3419J |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject in the business of Manufacturing Connectors, Cable Harness, Antenna and Interconnect 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)
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MIRA’s Rating : |
A++ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Amphenol Interconnect India Private Limited is a joint venture between “LPL Technologies Holding Gmbh”, Germany and “Amphenol Corporation”, Iceland. It is a manufacturer of connectors, part of connectors and cable assembly. The company was incorporated in the year 1970 and is based in Pune, Maharashtra. It is an established company having excellent track record For the financial year ended 2017, the company has witnessed a growth in its revenue and has achieved good profit margin at 15.05% (approx.). The company possesses robust financial profile marked by healthy net worth base along with debt free balance sheet and favourable gap between trade payables to its trade receivables. The company also derives strength from its joint venture entities and decent earning per share of the company (Earning Per Share of INR 10,365 against face value of INR 100) Fundamentals of the company are strong and healthy. Trade relations are reported as fair. Business is active. Payments terms are reported to be regular and as per commitments. In view of the 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.
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 16.01.2018.
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 DECLINED
MANAGEMENT NON-COOPERATIVE [TEL. NO.: 91-20-67360422]
Given number [91-20-30688374] not working
LOCATIONS
|
Registered
Office/Factory 1/ Marketing Head Quarters / Regional Offices 1 : |
Plot No.105, Post Box No.1, Bhosari Industrial Area, Bhosari, Pune – 411026, Maharashtra, India |
|
Tel. No.: |
91-20-67360304 / 27120363/ 67360350 / 353 / 373/ 67360422 |
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Fax No.: |
91-20-30688321/ 27129158 |
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E-Mail : |
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Website : |
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Other Regional Offices : |
· No.1115, 2nd Main, 11th Cross, Sector-1, HSR Layout, Bangalore- 560102, Karnataka, India Tel. No.: 91-80-49530341/ 49530345/ 49530346/ 49538118 Fax No.: 080-49538697 ·
107, 1st, Floor, ‘AM Sri Classic’
Sarojinidevi Road, Secunderabad – 500 003, Telangana, India Tel. No.: 91-40-66332906 Fax No.: 91-40-39108276 · A-421, Pacific Business Park, Plot No 37/1, Sahibabad Industrial Area, Site IV, Ghaziabad – 201010, Uttar Pradesh, India |
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Factory 2 : |
Plot No 61, Keonics Electronics City, Hosur Road, Bangalore – 560 100, Karnataka, India |
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Tel. No.: |
91-80-28520178 |
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Fax No.: |
91-80-28520418 |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Marco Philippus Ardeshir Wadia |
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Designation : |
Alternate Director |
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Address : |
Thakur House, 173, |
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Date of Birth/Age : |
30.01.1956 |
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Qualification : |
Graduate |
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Date of Appointment : |
17.05.2013 |
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DIN No.: |
00244357 |
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|
|
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Name : |
Mr. Robert David John |
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Designation : |
Whole Time Director |
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Address : |
B-309/409, |
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Date of Birth/Age : |
07.08.1958 |
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Qualification : |
Graduate |
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Experience : |
07.08.1958 |
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Date of Appointment : |
09.06.2001 |
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DIN No.: |
01820635 |
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Name : |
Mr. Richard Adam Norwitt |
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Designation : |
Additional Director |
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Address : |
34, |
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Date of Birth/Age : |
17.06.1969 |
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Date of Appointment : |
21.12.2009 |
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DIN No.: |
02107531 |
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Name : |
Mr. Luc Walter |
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Designation : |
Director |
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Address : |
19, Ruc Jacques Hillairet, |
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Experience : |
29.05.1958 |
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Date of Appointment : |
20.06.2005 |
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DIN No.: |
02936682 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2017
|
Names of Shareholders |
No. of Shares |
% age holding |
|
LPL Technologies Holding Gmbh, Germany |
42240 |
60.00 |
|
Amphenol Corporation, USA |
28160 |
40.00 |
|
|
|
|
|
Total |
70400 |
100.00 |
AS ON: 25.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters (Body corporate) |
100.00 |
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|
|
|
Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
Subject in the business of Manufacturing Connectors, Cable Harness, Antenna and Interconnect Products. (Registered Activity] |
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Products : |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
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Selling : |
Not Divulged |
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Purchasing : |
Not Divulged |
PRODUCTION STATUS: (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Not Divulged |
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Bankers : |
· State Bank of Travancore · State Bank of India |
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Auditors : |
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Name : |
Deloitte Haskins and Sells LLP Chartered Accountants |
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Address : |
706, 'B' Wing, 7th Floor, ICC Trade Tower, International Convention Centre, Senapati Bapat Road, Pune – 411016,Maharashtra, India |
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Income-tax
PAN of auditor or auditor's firm : |
AACFD4815A |
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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: |
· Amphenol Tuchel Electronics GMBH · Amphenol Limited UK · Amphenol East Asia Limited · Amphenol Canada Corporation · Amphenol RF Asia Corporation · Amphenol Australia Pty Limited · Amphenol Fiber Optic Products · Amphenol Daeshin Elec-Prec · Amphenol Spectra Strip Limited · Amphenol Socapex (Thyez) · Amphenol East Asia - Hongkong · Amphenol Aerospace, Amphenol - Air LB · Germany, APJ Japan, ATCS (Teradyne) · Amphenol Ltw Technology Co; Limited · U-Jin Cable Ind. Co. Limited · Amphenol Interconnect Products · Amphenol Air LB, Amphenol PCD · Amphenol Sine Systems, Guangzhou · Amphenol Sincere Flex.Circ. Limited · Amphenol Tel-Ad Limited · Amphenol Socapex France · Amphenol Technology (Zhuhai) Co. Limited · Amphenol Connex · Amphenol Printed Circuits · Amphenol Air Lb Sas · Amphenol Omniconnect India Pvt. Limited · Amphenol Fiber Systems · Amphenol Infocomm Europe · TFC South America SA · Amphenol PCD Shenzhen Co. Limited · Amphenol East Asia Elec Tech Co Limited · SEFEE Amphetronix Offset · Interconnect Solutions Private Limited · Amphenol Advanced Sensors Germany · Amphenol-Kai Jack (Shenzhen) Inc. · Amphenol Thermometrics Inc. · Amphenol Aerospace Operations · Sefee France · Amphetronix Offset Interconnect Solutions Private Limited · Amphenol Teradyne Connection · Amphenol Japan Limited |
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Ultimate
Holding Company: |
Amphenol Corporation |
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Holding
company: |
LPL Technologies Holding GMBH |
CAPITAL STRUCTURE
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
75000 |
Equity Shares |
INR 100/- each |
INR 7.500 Million |
|
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|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
|
|
70400 |
Equity Shares |
INR 100/- each |
INR 7.040 Million |
|
|
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|
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FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
7.040 |
7.040 |
7.040 |
|
(b) Reserves and Surplus |
3214.185 |
2738.638 |
2388.898 |
|
(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) |
3221.225 |
2745.678 |
2395.938 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
37.115 |
23.175 |
14.964 |
|
(c) Other long-term
liabilities |
136.311 |
183.017 |
215.415 |
|
(d) long-term
provisions |
54.125 |
51.587 |
57.692 |
|
Total Non-current
Liabilities (3) |
227.551 |
257.779 |
288.071 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
577.701 |
419.667 |
449.262 |
|
(c) Other current
liabilities |
117.119 |
130.760 |
132.714 |
|
(d) Short-term
provisions |
29.223 |
125.554 |
100.973 |
|
Total Current
Liabilities (4) |
724.043 |
675.981 |
682.949 |
|
|
|
|
|
|
TOTAL |
4172.819 |
3679.438 |
3366.958 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
1077.932 |
863.820 |
800.167 |
|
(ii)
Intangible Assets |
2.729 |
4.040 |
3.306 |
|
(iii) Tangible assets
capital work-in-progress |
18.537 |
6.936 |
48.288 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.003 |
0.003 |
0.003 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
53.506 |
73.701 |
84.093 |
|
(e) Other Non-current
assets |
122.223 |
104.116 |
112.589 |
|
Total Non-Current
Assets |
1274.930 |
1052.616 |
1048.446 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
988.050 |
886.287 |
810.887 |
|
(c) Trade
receivables |
977.416 |
796.255 |
896.018 |
|
(d) Cash and
bank balances |
637.293 |
707.835 |
374.143 |
|
(e)
Short-term loans and advances |
281.520 |
215.925 |
218.080 |
|
(f) Other
current assets |
13.610 |
20.520 |
19.384 |
|
Total Current
Assets |
2897.889 |
2626.822 |
2318.512 |
|
|
|
|
|
|
TOTAL |
4172.819 |
3679.438 |
3366.958 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
4847.218 |
4428.577 |
4126.716 |
|
|
Other Income |
56.888 |
85.421 |
53.105 |
|
|
TOTAL |
4904.106 |
4513.998 |
4179.821 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
1644.755 |
1602.246 |
1646.830 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(26.999) |
(19.033) |
0.329 |
|
|
Employee benefit expense |
875.274 |
793.487 |
684.970 |
|
|
CSR expenditure |
20.225 |
9.780 |
2.550 |
|
|
Other expenses |
1107.417 |
925.427 |
831.878 |
|
|
TOTAL |
3620.672 |
3311.907 |
3166.557 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
1283.434 |
1202.091 |
1013.264 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
1283.434 |
1202.091 |
1013.264 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
156.618 |
143.052 |
133.913 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
1126.816 |
1059.039 |
879.351 |
|
|
|
|
|
|
|
Less |
TAX |
397.074 |
370.370 |
299.267 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
729.742 |
688.669 |
580.084 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
3314.738 |
2803.778 |
2559.230 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
213.055 |
156.493 |
138.786 |
|
|
Components and spare
parts |
1111.157 |
984.047 |
972.050 |
|
|
Capital Goods |
263.079 |
118.223 |
129.828 |
|
|
TOTAL IMPORTS |
1587.291 |
1258.762 |
1240.665 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
10365.66 |
9782.33 |
8239.84 |
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 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
1082.793 |
1197.578 |
1064.355 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
678.342 |
818.315 |
732.164 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
73.60 |
65.63 |
79.25 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
4.96 |
5.56 |
4.61 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
128.20 |
95.60 |
99.57 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
1.30 |
1.36 |
1.25 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
1.17 |
1.37 |
1.19 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.17 |
0.18 |
0.20 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.22 |
0.25 |
0.29 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.34 |
0.32 |
0.36 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
0.00 |
0.00 |
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
15.05 |
15.55 |
14.06 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
17.49 |
18.72 |
17.23 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
22.65 |
25.08 |
24.21 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
4.00 |
3.89 |
3.39 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
2.64 |
2.57 |
2.21 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.77 |
0.75 |
0.71 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
4.00 |
3.89 |
3.39 |
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 |
7.040 |
7.040 |
7.040 |
|
Reserves & Surplus |
2388.898 |
2738.638 |
3214.185 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
2395.938 |
2745.678 |
3221.225 |
|
|
|
|
|
|
Long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
0.000 |
0.000 |
0.000 |
|
Debt/Equity
ratio |
0.000 |
0.000 |
0.000 |
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 |
4126.716 |
4428.577 |
4847.218 |
|
|
0.000 |
7.315 |
9.453 |
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 |
4126.716 |
4428.577 |
4847.218 |
|
Profit/ (Loss) |
580.084 |
688.669 |
729.742 |
|
|
14.06
% |
15.55
% |
15.05
% |
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 |
Yes |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
INDEX OF CHARGES
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G41805433 |
90090769 |
STATE BANK OF
TRAVANCORE |
18/09/1998 |
31/03/2017 |
- |
455000000.0 |
PUNE DECCAN GYMKHANA
BRANCHPUNEMH411005IN |
|
2 |
Y10174457 |
90089436 |
THE INDUSTRIAL
CREDIT AND INVESTMENT CORPORATION OF INDIA LT |
28/12/1988 |
24/01/1989 |
- |
4500000.0 |
163 ; BACKBAY
RECLAMATIONBOMBAYMH400020IN |
|
3 |
Y10174455 |
90089434 |
THE INDUSTRIAL
CREDIT AND INVESTMENT CORPORATION OF INDIA LT |
20/12/1988 |
22/02/1990 |
- |
4500000.0 |
163 ; BACKBAY
RECLAMATIONBOMBAYMH400020IN |
|
4 |
Y10174320 |
90089299 |
STATE BANK OF
INDIA |
23/01/1986 |
- |
- |
1300000.0 |
COMMERCIAL
BRANCHBOMBAYMHIN |
|
5 |
Y10167333 |
90082312 |
STATE BANK OF
INDIA |
22/12/1983 |
- |
- |
5151300.0 |
COMMERCIAL
BRANCHBANK STREETBOMBAYMH400023IN |
|
6 |
Y10174268 |
90089247 |
STATE BANK OF
INDIA |
15/12/1983 |
- |
- |
2300000.0 |
COMMERCIAL
BRANCHBOMBAYMHIN |
|
7 |
Y10172572 |
90087551 |
HOUSING DEV.
FINANCE CORPN. LTD. |
21/10/1983 |
- |
- |
250000.0 |
163 ; BACKBAY
RECLAMATIONBOMBAYMH400020IN |
|
8 |
Y10174225 |
90089204 |
STATE BANK OF
INDIA |
13/11/1981 |
- |
- |
1000000.0 |
COMMERCIAL
BRANCHBANK STREETBOMBAYMH400023IN |
|
9 |
Y10172555 |
90087534 |
STATE BANK OF
INDIA |
10/06/1980 |
- |
- |
1000000.0 |
COMMERCIAL
BRANCHBANK STREETBOMBAYMH400023IN |
|
10 |
Y10174199 |
90089178 |
STATE BANK OF
INDIA |
10/06/1980 |
05/08/1986 |
- |
1000000.0 |
COMMERCIAL
BRANCHBOMBAYMHIN |
BACKGROUND:
Amphenol Interconnect India Private Limited (“the Company”) was incorporated on 20th February, 1972. Amphenol Corporation is the ultimate holding Company. LPL Technologies Holding GMBH and Amphenol Corporation are the shareholders of the Company holding 60% and 40% of the shares respectively. The Company is engaged in the business of manufacturing connectors, cable harness, antenna & interconnect products.
CONTINGENT
LIABILITIES:
|
Particulars |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
Income Tax Demand disputed in appeal for* : |
11.806 |
9.228 |
|
Sales Tax Demand disputed in appeal* |
8.826 |
8.826 |
|
Excise demand disputed in appeal |
0.137 |
0.000 |
FIXED ASSETS:
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipment’s
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 63.41 |
|
UK Pound |
1 |
INR 87.19 |
|
Euro |
1 |
INR 77.45 |
INFORMATION
DETAILS
|
Information
Gathered by : |
SAV |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
ARC |
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.