|
|
|
MIRA INFORM REPORT
|
Report No. : |
485968 |
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Report Date : |
16.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
SECURE PRINT SOLUTIONS PRIVATE LIMITED (w.e.f. 13.05.2008) |
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|
|
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Formerly Known
As : |
UBIQUE COLLECTIVE MARKETING PRIVATE LIMITED |
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Registered
Office : |
Godown No. EW-3, Dhulagarh Truck Terminal, P.O. Dhulagarh,
P.S. Sankrail, |
|
Tel. No.: |
91-33-26790471/2/3 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
24.12.2002 |
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Com. Reg. No.: |
21-095558 |
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Capital
Investment / Paid-up Capital : |
INR 46.300 Million |
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|
|
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CIN No.: [Company Identification
No.] |
U51900WB2002PTC095558 |
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|
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IEC No.: |
0206010427 |
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|
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
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PAN No.: [Permanent Account No.] |
AACCU6068M |
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|
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GSTIN/UIN : |
Not Divulged |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
(Registered Activity) |
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|
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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 |
|
Maximum Credit Limit : |
USD 456000 |
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|
|
|
Status : |
Satisfactory |
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|
|
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 2002 and it is engaged in variable
data printing for prepaid scratch cards for various telecom players. For the financial year 2017, the company has reported decline in its
revenue as compared to previous year and has incurred operational loss. The satisfactory financial profile of the company is marked by
sufficient networth base along with strong debt coverage indicators due to
low debt balance sheet profile. Business is active. Payments are reported to be slow but 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 |
CRISIL |
|
Rating |
Long Term Rating=B- (ISSUER Non-Cooperative) |
|
Rating Explanation |
Risk-prone-credit-quality and carries very high credit risk. |
|
Date |
29.04.2017 |
|
Rating Agency Name |
CRISIL |
|
Rating |
Short Term Rating=A4 (Issuer Non-Cooperative) |
|
Rating Explanation |
Minimal degree of safety and very high credit risk. |
|
Date |
29.04.2017 |
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 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 DENIED
MANAGEMENT NON-COOPERATIVE (Tel. No.: 91-33-26790471/ 2)
LOCATIONS
|
Registered Office/ Production Unit : |
Godown No. EW-3, Dhulagarh Truck Terminal, P.O. Dhulagarh,
P.S. Sankrail, |
|
Tel. No.: |
91-33-26790471/2/3 |
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Fax No.: |
91-33-26790474 |
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E-Mail : |
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|
Website : |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Rahul Jain |
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Designation : |
Director |
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Address : |
1, Ho Chi Minh Sarani, 4A, Metro Towers, Middleton Row, Kolkata-700071, West Bengal, India |
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Date of Birth/Age : |
20.03.1972 |
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Date of Appointment : |
17.07.2006 |
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DIN No.: |
00655214 |
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Other Directorship:
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||||||||||||||||||||||||||||||||||||||||
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Name : |
Mr. Rajneesh Jain |
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Designation : |
Director |
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Address : |
34, Ballygunge Circular Road, Flat 5E, Devdwar Building, Kolkata-700019, West Bengal, India |
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Date of Birth/Age : |
10.09.1975 |
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Date of Appointment : |
17.07.2006 |
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PAN No.: |
ACTPJ7516P |
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DIN No.: |
00655798 |
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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 |
|
Rajneesh Jain |
|
351000 |
|
Rahul Jain |
|
300000 |
|
Ritum Jain |
|
369000 |
|
Maya Jain |
|
289000 |
|
Kalpa Jain |
|
37000 |
|
Vineet Jain |
|
80000 |
|
Varun Jain |
|
407800 |
|
Sudha Jain |
|
342200 |
|
Neha Jain |
|
210000 |
|
Ritum Jain (HUF) |
|
50000 |
|
Rahul Jain (HUF) |
|
94000 |
|
Sweta Jain |
|
70000 |
|
Pooja Jain |
|
150000 |
|
Shantinath Financial Services Limited, India |
|
500000 |
|
Pramod Kumar Jain (HUF) |
|
250000 |
|
Arohi Vincom Private Limited, India |
|
480000 |
|
Explochem India Limited, India |
|
650000 |
|
Total |
|
4630000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2017
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family-Indian) |
64.79 |
|
Promoters (Body corporate) |
10.80 |
|
Public/Other than promoters (Individual/Hindu Undivided Family-Indian) |
24.41 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
(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 Divulged |
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Imports : |
Not Divulged |
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Terms : |
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 : |
Information declined by the management |
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Bankers : |
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Facilities : |
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Auditors : |
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|
Name : |
M K Jha and Company Chartered Accountants |
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Address : |
M-28, HMP House, 4 Fairlie Place, Mezzanine Floor, Kolkata – 700001, West Bengal, India |
|
Income-tax
PAN of auditor or auditor's firm : |
ABFFM9765Q |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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|
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Subsidiary Company : |
Secure Offset Private Limited (CIN No.: U22219WB2010PTC143632) |
CAPITAL STRUCTURE
As on 30.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
5000000 |
Equity Shares |
INR 10/- each |
INR 50.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
4630000 |
Equity Shares |
INR 10/- each |
INR 46.300
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 |
46.300 |
46.300 |
46.300 |
|
(b) Reserves & Surplus |
113.497 |
126.704 |
121.902 |
|
(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) |
159.797 |
173.004 |
168.202 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
257.744 |
214.077 |
162.654 |
|
(b) Deferred tax liabilities (Net) |
12.210 |
27.719 |
27.719 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) Long-term
provisions |
3.842 |
2.992 |
2.054 |
|
Total Non-current
Liabilities (3) |
273.796 |
244.788 |
192.427 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
140.566 |
164.031 |
155.615 |
|
(b) Trade
payables |
15.356 |
10.186 |
12.430 |
|
(c) Other
current liabilities |
35.069 |
41.995 |
58.029 |
|
(d) Short-term
provisions |
1.259 |
1.142 |
1.010 |
|
Total Current
Liabilities (4) |
192.250 |
217.354 |
227.084 |
|
|
|
|
|
|
TOTAL |
625.843 |
635.146 |
587.713 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i) Tangible
assets |
241.245 |
242.924 |
260.814 |
|
(ii)
Intangible Assets |
2.576 |
1.168 |
0.606 |
|
(iii)
Capital work-in-progress |
0.000 |
0.158 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
11.900 |
11.900 |
11.900 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term Loan and Advances |
4.141 |
3.819 |
2.910 |
|
(e) Other
Non-current assets |
4.416 |
7.125 |
8.817 |
|
Total Non-Current
Assets |
264.278 |
267.094 |
285.047 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
141.520 |
140.619 |
113.506 |
|
(c) Trade
receivables |
137.746 |
146.704 |
131.358 |
|
(d) Cash
and cash equivalents |
8.039 |
7.570 |
5.539 |
|
(e)
Short-term loans and advances |
74.260 |
73.159 |
52.263 |
|
(f) Other
current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
361.565 |
368.052 |
302.666 |
|
|
|
|
|
|
TOTAL |
625.843 |
635.146 |
587.713 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
346.380 |
424.500 |
364.110 |
|
|
Other Income |
0.061 |
2.902 |
0.573 |
|
|
TOTAL |
346.441 |
427.402 |
364.683 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
187.753 |
209.433 |
169.813 |
|
|
Purchases of
Stock-in-Trade |
0.000 |
0.000 |
0.000 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
0.000 |
0.000 |
0.000 |
|
|
Employees benefits
expense |
38.860 |
37.138 |
34.271 |
|
|
Other expenses |
84.557 |
111.311 |
97.228 |
|
|
TOTAL |
311.170 |
357.882 |
301.312 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
35.271 |
69.520 |
63.371 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
31.637 |
31.180 |
25.721 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
3.634 |
38.340 |
37.650 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
32.119 |
32.205 |
32.075 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
(28.485) |
6.135 |
5.575 |
|
|
|
|
|
|
|
Less |
TAX |
(15.278) |
1.333 |
1.285 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
(13.207) |
4.802 |
4.290 |
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’ BALANCE BROUGHT FORWARD |
77.804 |
73.002 |
110.100 |
|
|
|
|
|
|
|
Less |
Adjustment relating to Fixed Assets) |
0.000 |
0.000 |
41.388 |
|
|
|
|
|
|
|
|
Balance Carried to the B/S |
64.597 |
77.804 |
73.002 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
157.016 |
221.603 |
111.412 |
|
|
TOTAL EARNINGS |
157.016 |
221.603 |
111.412 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
26.777 |
41.612 |
41.509 |
|
|
Components and Stores
parts |
2.073 |
1.856 |
0.394 |
|
|
Capital Goods |
7.863 |
9.887 |
0.000 |
|
|
TOTAL IMPORTS |
36.713 |
53.355 |
41.903 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
(2.85) |
1.04 |
0.93 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
11.619 |
10.365 |
12.197 |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
39.861 |
(11.130) |
29.096 |
|
Net cash flow from operating activity |
39.696 |
(12.462) |
27.811 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
145.15 |
126.14 |
131.68 |
|
|
|
|
|
|
Account Receivables Turnover ( Income / Sundry Debtors) |
2.51 |
2.89 |
2.77 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
29.85 |
17.75 |
26.72 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.25 |
0.49 |
0.56 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.14 |
0.28 |
0.24 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.74 |
0.70 |
0.68 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
2.57 |
2.25 |
1.96 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
1.20 |
1.26 |
1.35 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
1.53 |
1.41 |
1.55 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
1.11 |
2.23 |
2.46 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin [(PAT / Sales)
* 100] |
% |
(3.81) |
1.13 |
1.18 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
(2.11) |
0.76 |
0.73 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
(8.26) |
2.78 |
2.55 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.88 |
1.69 |
1.33 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
1.14 |
1.05 |
0.83 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.26 |
0.27 |
0.29 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
8.85 |
8.39 |
7.14 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.88 |
1.69 |
1.33 |
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 |
46.300 |
46.300 |
46.300 |
|
Reserves & Surplus |
121.902 |
126.704 |
113.497 |
|
Money received against
share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net worth |
168.202 |
173.004 |
159.797 |
|
|
|
|
|
|
long-term borrowings |
162.654 |
214.077 |
257.744 |
|
Short term borrowings |
155.615 |
164.031 |
140.566 |
|
Current Maturities of
Long term debt |
12.197 |
10.365 |
11.619 |
|
Total borrowings |
330.466 |
388.473 |
409.929 |
|
Debt/Equity ratio |
1.965 |
2.245 |
2.565 |
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 |
364.110 |
424.500 |
346.380 |
|
|
|
16.586 |
(18.403) |
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 |
364.110 |
424.500 |
346.380 |
|
Profit/(Loss) |
4.290 |
4.802 |
(13.207) |
|
|
1.18% |
1.13% |
(3.81%) |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
46.300 |
46.300 |
|
(b) Reserves &
Surplus |
|
121.030 |
134.026 |
|
(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) |
|
167.330 |
180.326 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
|
306.744 |
263.077 |
|
(b) Deferred tax
liabilities (Net) |
|
12.276 |
27.785 |
|
(c) Other long term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term provisions |
|
3.842 |
2.992 |
|
Total Non-current
Liabilities (3) |
|
322.862 |
293.854 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
167.494 |
190.983 |
|
(b) Trade payables |
|
20.072 |
22.258 |
|
(c) Other current
liabilities |
|
51.956 |
66.990 |
|
(d) Short-term provisions |
|
1.767 |
1.626 |
|
Total Current Liabilities
(4) |
|
241.289 |
281.857 |
|
|
|
|
|
|
TOTAL |
|
731.481 |
756.037 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
338.452 |
350.087 |
|
(ii) Intangible Assets |
|
4.476 |
3.068 |
|
(iii) Capital
work-in-progress |
|
0.000 |
0.158 |
|
(iv) Intangible assets
under development |
|
0.000 |
0.000 |
|
(b) Non-current
Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
|
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
|
4.141 |
3.843 |
|
(e) Other Non-current assets |
|
6.916 |
9.452 |
|
Total Non-Current Assets |
|
353.985 |
366.608 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
182.944 |
186.535 |
|
(c) Trade receivables |
|
143.162 |
152.119 |
|
(d) Cash and cash
equivalents |
|
8.176 |
7.918 |
|
(e) Short-term loans and
advances |
|
43.214 |
42.857 |
|
(f) Other current assets |
|
0.000 |
0.000 |
|
Total Current Assets |
|
377.496 |
389.429 |
|
|
|
|
|
|
TOTAL |
|
731.481 |
756.037 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Income |
|
346.380 |
424.500 |
|
|
Other Income |
|
1.298 |
3.106 |
|
|
TOTAL |
|
347.678 |
427.606 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
142.796 |
159.886 |
|
|
Purchases of
Stock-in-Trade |
|
0.000 |
0.000 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
0.000 |
0.000 |
|
|
Employees benefits
expense |
|
60.313 |
55.559 |
|
|
Other expenses |
|
94.236 |
121.185 |
|
|
TOTAL |
|
297.345 |
336.630 |
|
|
|
|
|
|
|
Less |
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
|
50.333 |
90.976 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
36.078 |
40.105 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
|
14.255 |
50.871 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
42.460 |
42.570 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
|
(28.205) |
8.301 |
|
|
|
|
|
|
|
Less |
TAX |
|
(15.208) |
1.805 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX |
|
(12.997) |
6.496 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
(2.81) |
1.40 |
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 |
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 |
SEGMENT INFORMATION
The Company has one primary operating segment which predominantly consists of "Processing of Prepaid Mobile Cards". Such an activity involves procuring orders from different clients in the Telecom Industry and manufacturing cards of various denominations and sizes as per their specifications on a Works Contract basis.
UNSECURED LOAN
|
PARTICULARS |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
Intercorporate borrowings |
183.072 |
138.155 |
|
Loans and advances from related parties |
61.592 |
68.018 |
|
Short-term
borrowings |
|
|
|
Other loans and advances |
9.432 |
27.241 |
|
Total |
254.096 |
233.414 |
INDEX
OF CHARGES
|
Charges Registered |
||||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G40009847 |
100087551 |
HERO FINCORP LIMITED |
24/03/2017 |
- |
- |
4648421.0 |
34, COMMUNITY CENTRE, BASANT LOKVASANT VIHAR NEW DELHI 110057 INDIA |
|
2 |
C66659871 |
10595755 |
RBL Bank Limited |
01/10/2015 |
- |
- |
60000000.0 |
SHAHUPURI, KOLHAPUR, KOLHAPUR MAHARASHTRA 416001 INDIA |
|
3 |
G72672439 |
10238741 |
ICICI BANK LIMITED |
10/09/2010 |
19/12/2017 |
- |
13500000.0 |
ICICI Bank Tower, Near Chakli Circle, Old Padra Road Vadodara GUJARAT 390007 INDIA |
|
4 |
G72556285 |
10231252 |
Andhra Bank |
22/07/2010 |
20/12/2017 |
- |
110000000.0 |
Kolkata Main Branch14/1B, Ezra Street Kolkata WEST BENGAL 700001 INDIA |
|
5 |
C42228916 |
10121826 |
ANDHRA BANK |
25/08/2008 |
08/01/2015 |
- |
147800000.0 |
KOLKATA MAIN BRANCH14/1B, EZRA STREET KOLKATA WEST BENGAL 700001 INDIA |
|
6 |
G42288464 |
10434830 |
ANDHRA BANK |
08/05/2013 |
- |
31/03/2017 |
12000000.0 |
KOLKATA MAIN BRANCH14/1B, EZRA STREET KOLKATA WEST BENGAL 700001 INDIA |
|
7 |
G31878275 |
10208368 |
TATA CAPITAL LIMITED |
27/01/2010 |
- |
30/12/2016 |
47000000.0 |
ONE FORBES DR V B GANDHI MARG, FORT MUMBAI MAHARASHTRA 400001 INDIA |
|
8 |
G31879083 |
10114234 |
TATA CAPITAL LIMITED |
21/07/2008 |
24/03/2010 |
30/12/2016 |
302000000.0 |
ONE FORBES DR V B GANDHI MARG, FORT MUMBAI MAHARASHTRA 400001 INDIA |
|
9 |
C16478802 |
10088517 |
WEST BENGAL INDUSTRIAL DEVELOPMENT CORPN LTD |
21/02/2008 |
06/04/2009 |
23/07/2014 |
45000000.0 |
5, COUNCIL HOUSE STREET. KOLKATA WEST BEGAL 700001 INDIA |
|
10 |
B16120479 |
10015393 |
WEST BENGAL INDUSTRIAL DEVELOPMENT CORPN LTD |
18/08/2006 |
23/04/2008 |
20/06/2011 |
36078000.0 |
5, COUNCIL HOUSE STREET. KOLKATA WEST BEGAL 700001 INDIA |
FIXED ASSETS
- Plant and equipment
- Factory equipments
- Other plant and equipment
- Furniture and fixtures
- Vehicles
- Motor vehicles
- Office equipment
- Computer equipments
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 |
|
|
1 |
INR 87.17 |
|
Euro |
1 |
INR 77.44 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUP |
|
|
|
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
SUD |
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.