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%20PRIVATE%20LIMITED%20-%20487604%2022-Jan-2018_files/image015.jpg){kind=small}
%20PRIVATE%20LIMITED%20-%20487604%2022-Jan-2018_files/image016.jpg)
%20PRIVATE%20LIMITED%20-%20487604%2022-Jan-2018_files/image018.gif)
MIRA INFORM REPORT
|
Report No. : |
487604 |
|
Report Date : |
22.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
PARIJAT INDUSTRIES (INDIA) PRIVATE LIMITED (w.e.f.
12.07.2006) |
|
|
|
|
Formerly Known
As : |
TRIUMPH PESTICIDES (BOMBAY) PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
M-77, 1st and 2nd Floor, M Block Market, Greater Kailash-II, New Delhi -
110052 |
|
Tel. No.: |
91-11-45766000 / 41638091 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
17.05.1995 |
|
|
|
|
Com. Reg. No.: |
55-161189 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 267.252 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24219DL1995PTC161189 |
|
|
|
|
IEC No.: |
2204001392 |
|
|
|
|
GSTIN : |
Not Available |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AABCT9862B |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
The Company is engaged in the manufacturing and trading, import, export of pesticides/agrochemicals and urban pest-management. The Company is also involved in trading of inputs of pesticides/agrochemicals and Bio-products which are used to enhance the productivity of agriculture. (Registered Activity) |
|
|
|
|
No. of Employees
: |
Not Available |
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+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Maximum Credit Limit : |
USD 3579000 |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Parijat Industries (India) Private Limited is engaged in
the manufacture and sale of agrochemicals. The company was incorporated in
the year 1995 and is based in New Delhi, It is an established company having
fine track record.
|
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 : BBB |
|
Rating Explanation |
Moderate degree of safety and moderate credit risk |
|
Date |
25.01.2017 |
|
Rating Agency Name |
ICRA |
|
Rating |
Short term rating : A2 |
|
Rating Explanation |
Strong degree of safety and low credit risk |
|
Date |
25.01.2017 |
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 22.01.2018
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.
LOCATIONS
|
Registered Office / Corporate Office/ Head Office : |
M-77, 1st and 2nd Floor, M Block Market, Greater Kailash-II, New Delhi –
110052, India |
|
Tel. No.: |
91-11-45766000/ 41638091/ 95 |
|
Fax No.: |
91-11-45766055/ 41638098 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
Locality : |
Commercial |
|
|
|
|
Factory 1 : |
VPO Mandhour, Naraingrah Road, Ambala – 134003, Haryana, India |
|
|
|
|
Factory 2 : |
Village Kheraganni, P O Fatehgarh, Raipur Rani Road, Near
Roohanisatsang, Ambala – 134201, Haryana, India |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Keshav Anand |
|
Designation : |
Managing Director |
|
Address : |
A-1/25, Panchsheel Enclave, New Delhi - 110017, India |
|
Date of Birth/Age : |
10.11.1957 |
|
Date of Appointment : |
01.01.2013 |
|
PAN No.: |
AAEPA6537C |
|
DIN No.: |
01050275 |
|
|
|
|
Name : |
Mr. Vikram Raj Anand |
|
Designation : |
Director |
|
Address : |
A-1/25, Panchsheel Enclave, New Delhi - 110017, India |
|
Date of Birth/Age : |
17.02.1964 |
|
Date of Appointment : |
23.12.2003 |
|
PAN No.: |
AAGPA4350D |
|
DIN No.: |
00081386 |
|
|
|
|
Name : |
Mr. Sharat Anand |
|
Designation : |
Director |
|
Address : |
Flat # 502, Royale Retreat Apartments, Charmwood Village, Surajkund Road, Faridabad - 121009, Haryana, India |
|
Date of Birth/Age : |
16.10.1959 |
|
Date of Appointment : |
02.06.2012 |
|
PAN No.: |
AANPA0326J |
|
DIN No.: |
00083237 |
|
|
|
|
Name : |
R Venugopal |
|
Designation : |
Director |
|
Address : |
1-11-251/A, Flat No-501, Windsor Aprtmnt Behing Shoppers Stop, Begumpet Hyderabad - 500016, Telangana, India |
|
Date of Birth/Age : |
01.07.1958 |
|
Date of Appointment : |
17.05.2014 |
|
DIN No.: |
00365630 |
|
|
|
|
Name : |
Mr. Savmit Grover |
|
Designation : |
Director |
|
Address : |
C - 2/32, Safdarjung Development Area, New Delhi - 110016, India |
|
Date of Birth/Age : |
07.11.1962 |
|
Date of Appointment : |
31.07.2007 |
|
DIN No.: |
00485304 |
|
|
|
|
Name : |
Ms. Aditi Anand |
|
Designation : |
Director |
|
Address : |
A-1 / 25, Panchsheel Enclave, Malviya Nagar, New Delhi - 110017, India |
|
Date of Birth/Age : |
03.05.1983 |
|
Date of Appointment : |
17.05.2014 |
|
DIN No.: |
03526449 |
|
|
|
|
Name : |
Mr. Gautam Mahajan |
|
Designation : |
Director |
|
Address : |
47, Friends Colony, New Delhi-110065, India |
|
Date of Appointment : |
16.09.2016 |
|
DIN No.: |
00352704 |
|
|
|
|
Name : |
Mr. Rajesh Kumar Srivastava |
|
Designation : |
Nominee Director |
|
Address : |
S-376, Ground Floor, Panchshila Park, New Delhi-110017, India |
|
Date of Appointment : |
17.06.2016 |
|
DIN No.: |
00302223 |
|
|
|
|
Name : |
Mr. Siddharth Lal |
|
Designation : |
Nominee Director |
|
Address : |
12, Ishwar Nagar, New Delhi-110065, India |
|
Date of Appointment : |
17.06.2016 |
|
DIN No.: |
03312590 |
MAJOR SHAREHOLDERS
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Abhay Kumar Gupta |
|
1084440 |
|
Aditi Anand |
|
84200 |
|
Gautam Raj Anand |
|
1299800 |
|
Keshav Anand |
|
6477500 |
|
Parvati Anand |
|
201600 |
|
Sharat Anand |
|
1815300 |
|
Shivraj Anand |
|
1299800 |
|
Shruti Anand |
|
403200 |
|
Uday Raj Anand |
|
100800 |
|
Vikram Anand |
|
4657900 |
|
Viraj Anand |
|
901500 |
|
Total |
|
18326040 |
Equity Share Break up (Percentage of Total Equity)
As on 29.09.2017
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family – Indian) |
85.23 |
|
Public/Other than promoters (Individual/Hindu Undivided Family – Indian) |
4.77 |
|
Public/Other than promoters (Body corporate |
9.90 |
|
Public/Other than promoters (Other-Trust) |
0.10 |
|
Total |
100.00 |
%20PRIVATE%20LIMITED%20-%20487604%2022-Jan-2018_files/image020.gif)
BUSINESS DETAILS
|
Line of Business : |
The Company is engaged in the manufacturing and trading, import, export of pesticides/agrochemicals and urban pest-management. The Company is also involved in trading of inputs of pesticides/agrochemicals and Bio-products which are used to enhance the productivity of agriculture. (Registered Activity) |
||||
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Products / Services
: |
|
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|
Brand Names : |
Not Available |
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|
||||
|
Agencies Held : |
Not Available |
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Exports : |
Not Available |
||||
|
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|
||||
|
Imports : |
Not Available |
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|
|
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||||
|
Terms : |
Not Available |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
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Customers : |
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No. of Employees : |
Not Available |
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|
||||||||||||||||||||||||||||||||||||
|
Bankers : |
HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg,
Lower Parel (West), Mumbai-400013, Maharashtra India |
||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||
|
Facilities : |
|
|
Auditors : |
|
|
Name : |
S.R. Batliboi and Company LLP Chartered Accountants |
|
Address : |
3rd & 6th Floor, World Mark-1, IGI Airport Hospitality, District Aerocity, New Delhi-110037, India |
|
Income-tax
PAN of auditor or auditor's firm : |
ACHFS9180N |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Subsidiary company
: |
|
|
|
|
|
Enterprises which are
owned, or have significant influence of or are partners with Key management
personnel and their relatives |
|
CAPITAL STRUCTURE
As on 29.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
25000000 |
Equity Shares |
INR 10/- each |
INR 250.000 Million |
|
5000000 |
Preference shares |
INR 10/- each |
INR 50.000 Million |
|
|
Total |
|
INR 300.000
Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
22727640 |
Equity Shares |
INR 10/- each |
INR 227.276 Million |
|
3997548 |
Preference shares |
INR 10/- each |
INR 39.976 Million |
|
|
Total |
|
INR 267.252
Million |
FINANCIAL DATA
[all figures are
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 |
267.252 |
216.812 |
216.812 |
|
(b) Reserves and Surplus |
985.381 |
437.899 |
342.173 |
|
(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) |
1252.633 |
654.711 |
558.985 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
44.615 |
51.644 |
64.929 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
12.526 |
13.844 |
12.634 |
|
Total Non-current
Liabilities (3) |
57.141 |
65.488 |
77.563 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
497.540 |
696.037 |
686.075 |
|
(b) Trade
payables |
1045.208 |
830.575 |
618.232 |
|
(c) Other
current liabilities |
201.827 |
133.304 |
181.559 |
|
(d) Short-term
provisions |
13.007 |
58.896 |
125.115 |
|
Total Current
Liabilities (4) |
1757.582 |
1718.812 |
1610.981 |
|
|
|
|
|
|
TOTAL |
3067.357 |
2439.011 |
2247.529 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
328.271 |
244.031 |
256.145 |
|
(ii) Intangible Assets |
22.854 |
20.515 |
17.419 |
|
(iii) Tangible assets capital work-in-progress |
0.553 |
65.549 |
78.306 |
|
(iv) Intangible assets under development |
45.646 |
41.908 |
0.000 |
|
(b) Non-current Investments |
11.521 |
11.520 |
11.369 |
|
(c) Deferred tax assets (net) |
29.428 |
11.794 |
7.408 |
|
(d) Long-term loans and advances |
10.160 |
9.521 |
56.936 |
|
(e) Other Non-current assets |
60.009 |
56.765 |
0.000 |
|
Total Non-Current
Assets |
508.442 |
461.603 |
427.583 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
729.587 |
313.758 |
272.897 |
|
(c) Trade receivables |
1289.054 |
1428.901 |
1222.018 |
|
(d) Cash and bank balances |
287.744 |
75.149 |
98.985 |
|
(e) Short-term loans and advances |
220.316 |
129.919 |
194.741 |
|
(f) Other current assets |
32.214 |
29.681 |
31.305 |
|
Total
Current Assets |
2558.915 |
1977.408 |
1819.946 |
|
|
|
|
|
|
TOTAL |
3067.357 |
2439.011 |
2247.529 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Revenue
from operations |
3500.250 |
3143.318 |
3485.134 |
|
|
Other Income |
89.264 |
107.979 |
65.148 |
|
|
TOTAL |
3589.514 |
3251.297 |
3550.282 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
2396.943 |
1992.059 |
1879.108 |
|
|
Purchases of
Stock-in-Trade |
229.309 |
248.547 |
524.115 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(173.991) |
(52.699) |
6.094 |
|
|
Employee benefit expense |
358.982 |
285.876 |
206.608 |
|
|
Other expenses |
543.647 |
432.435 |
529.019 |
|
|
Prior period items |
0.000 |
0.000 |
1.539 |
|
|
Exceptional items |
0.000 |
0.000 |
0.175 |
|
|
Extraordinary items |
0.000 |
0.000 |
8.425 |
|
|
TOTAL |
3354.890 |
2906.218 |
3155.083 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
234.624 |
345.079 |
395.199 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
65.586 |
101.509 |
78.561 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
169.038 |
243.570 |
316.638 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
27.353 |
52.917 |
51.105 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE
TAX |
141.685 |
190.653 |
265.533 |
|
|
|
|
|
|
|
Less |
TAX |
43.763 |
80.206 |
99.707 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
97.922 |
110.447 |
165.826 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
3.66 |
5.09 |
7.65 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
0.000 |
0.000 |
0.000 |
|
Net cash flows from (used in) operations |
125.750 |
199.407 |
131.524 |
|
Net cash flows from (used in) operating activities |
48.648 |
173.231 |
76.161 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
134.42 |
165.92 |
127.98 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
2.72 |
2.20 |
2.85 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
145.26 |
135.30 |
93.90 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.32 |
1.10 |
1.45 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
0.59 |
0.93 |
1.12 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.59 |
0.73 |
0.75 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.43 |
1.14 |
1.34 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
1.40 |
2.63 |
2.88 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.32 |
0.57 |
0.63 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
3.58 |
3.40 |
5.03 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
2.80 |
3.51 |
4.76 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
3.19 |
4.53 |
7.38 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
7.82 |
16.87 |
29.67 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.46 |
1.15 |
1.13 |
|
|
|
|
|
|
Quick Ratio ((Current Assets –
Inventories) / Current Liabilities) |
1.04 |
0.97 |
0.96 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.41 |
0.27 |
0.25 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
2.03 |
3.45 |
3.46 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.46 |
1.15 |
1.13 |
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 |
216.812 |
216.812 |
267.252 |
|
Reserves & Surplus |
342.173 |
437.899 |
985.381 |
|
Net
worth |
558.985 |
654.711 |
1252.633 |
|
|
|
|
|
|
long-term borrowings |
64.929 |
51.644 |
44.615 |
|
Short term borrowings |
686.075 |
696.037 |
497.540 |
|
Current maturities of
long-term debts |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
751.004 |
747.681 |
542.155 |
|
Debt/Equity
ratio |
1.344 |
1.142 |
0.433 |
%20PRIVATE%20LIMITED%20-%20487604%2022-Jan-2018_files/image022.gif)
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 |
3485.134 |
3143.318 |
3500.250 |
|
|
|
(9.808) |
11.355 |
%20PRIVATE%20LIMITED%20-%20487604%2022-Jan-2018_files/image024.gif)
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 |
3485.134 |
3143.318 |
3500.250 |
|
Profit |
165.826 |
110.447 |
97.922 |
|
|
4.76
% |
3.51
% |
2.80
% |
%20PRIVATE%20LIMITED%20-%20487604%2022-Jan-2018_files/image026.gif)
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 |
CORPORATE INFORMATION
The company is a Company domiciled in India and incorporated under the provisions of the Companies Act, 1956. The Company is engaged in the manufacturing and trading, import, export of pesticides/agrochemicals and urban pest-management. The Company is also involved in trading of inputs of pesticides/agrochemicals and Bio-products which are used to enhance the productivity of agriculture. The Company is selling its products in Domestic markets and also export its products to various countries.
COMPANY PERFORMANCE
Revenue from Operations for the year increased by 11.35%. EBITDA for the year reduced by 32.01%from last year. The Net Profit for the year reduced by 11.34%.The Earnings per share (EPS) for the year stood at 4.46 per share, a decrease of 12.38 % compared to 5.09 per share for the previous year.
INDEX
OF CHARGES
|
S No |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Amount |
Address |
|
1 |
G72516776 |
100144013 |
KOTAK MAHINDRA BANK LIMITED |
20/12/2017 |
65000000.0 |
Kotak Aerocity, 1st Floor, Asset Area 9, IBIS Commercial Block, Delhi Aerocity, New Delhi 110037 India |
|
2 |
G67385468 |
100136256 |
HDFC BANK LIMITED |
15/11/2017 |
945000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
|
3 |
G59923870 |
100131098 |
HDFC BANK LIMITED |
18/10/2017 |
945000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
|
4 |
G51290732 |
100117955 |
HDFC BANK LIMITED |
05/08/2017 |
700000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
|
5 |
G49012669 |
100111579 |
HDFC BANK LIMITED |
13/07/2017 |
660000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
|
6 |
G46398855 |
100104154 |
HDFC BANK LIMITED |
05/06/2017 |
585000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
|
7 |
G46494092 |
100104432 |
HDFC BANK LIMITED |
31/05/2017 |
586000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
|
8 |
G37643186 |
100081413 |
HDFC BANK LIMITED |
28/02/2017 |
1315000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
|
9 |
G37357233 |
100080764 |
HDFC BANK LIMITED |
10/02/2017 |
880000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
|
10 |
G34494518 |
100074436 |
HDFC BANK LIMITED |
18/01/2017 |
760000.0 |
HDFC BANK HOUSE SENAPATI BAPAT MARG LOWER PAREL W MUMBAI MAHARASHTRA 400013 INDIA |
CONTINGENT
LIABILITIES:
|
PARTICULARS |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Claims against company not acknowledged as debt |
37.061 |
1.814 |
|
Other money for which company is contingently liable |
1.778 |
1.778 |
|
Total |
38.839 |
3.592 |
FIXED ASSETS
· Land
· Buildings
· Office building
· Factory building
· Furniture and fixtures
· Vehicles
· Computer Equipments
· Other Equipments
· Brands and trade marks
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 63.72 |
|
UK Pound |
1 |
INR 88.64 |
|
Euro |
1 |
INR 78.14 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
JYTK |
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.
·