|
|
|
MIRA INFORM REPORT
|
Report No. : |
487268 |
|
Report Date : |
23.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
LABINDIA INSTRUMENTS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
34/38, Bharat Kunj Society II, Erandvana, Pune – 411004, Maharashtra |
|
Tel. No.: |
91-20-25410817/ 25986037 |
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|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
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|
|
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Date of
Incorporation : |
10.08.1982 |
|
|
|
|
Com. Reg. No.: |
11-027977 |
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|
|
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Capital
Investment / Paid-up Capital : |
INR 7.500 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U33125MH1982PTC027977 |
|
|
|
|
IEC No.: |
0388116374 |
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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.] |
AAACL5140P |
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GSTIN : |
27AAACL5140P1Z |
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Legal Form : |
Private Limited Liability Company. |
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|
|
|
Line of Business
: |
(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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Status : |
Good |
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|
|
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is an established company incorporated in the year 1982 and it
is having good track. Management of the company has not filed its financials of 2017 with
government department. For the financial year 2016, the company has increased its revenue from
operation as compared to previous year and maintained average profitability
margin of 2.03%. Rating takes into consideration sound financial profile of the company
marked by healthy net worth base and negligible debt balance sheet. Further, rating also reflects from its established track records
business operations and marginal improvement in the revenue as well as
profitability profile during the year. Trade relations are reported as fair. Business is active. Payments terms
are reported to be regular. 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 |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
Date |
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 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.
INFORMATION DENIED
MANAGEMENT NON-COOPERATIVE (91-22-25986244 / 25986000)
LOCATIONS
|
Registered Office : |
34/38, Bharat Kunj Society II, Erandvana, Pune – 411004, Maharashtra,
India |
|
Tel. No.: |
91-20-25410817 / 25986037 |
|
Fax No.: |
91-20-25335940 |
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E-Mail : |
|
|
Website : |
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|
|
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|
Head Office : |
201, Nand Chambers, LBS Marg, Near Vandana Cinema, Thane (West) – 400602, Maharashtra, India |
|
Tel. No.: |
91-22-25986000 / 25445000 / 25986012 |
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Fax No.: |
91-22-25335940 / 25986060 |
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E-Mail : |
|
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Regional Offices : |
Located at: · Chandigarh · Lucknow · Guwahati · Baroda · Thane · Pune · Bangalore · Thiruvananthapuram · Chennai · Hyderabad · Kolkata |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Shrikant Shankar Bapat |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
S.No.849/1, Uma Apartments, Flat No.8,
Opposite B.M.C.C., Dr. Agarkar Road, Shivaji Nagar, Pune – 411004,
Maharashtra, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of Birth/Age : |
05.11.1944 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Qualification : |
B. Sc. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Experience : |
47 Years |
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Date of Appointment : |
10.08.1982 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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PAN No.: |
AAPPB8835M |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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DIN No.: |
00248221 |
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Other Directorship:
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Name : |
Mr. Virendra Sitaram Upadhye |
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Designation : |
Director |
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Address : |
45/16, Second Floor, East Patel Nagar, New Delhi – 110008, India |
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Date of Birth/Age : |
09.03.1957 |
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Qualification : |
B.Sc. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Experience : |
35 Years |
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Date of Appointment : |
10.08.1982 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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PAN No.: |
AABPU1407A |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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DIN No.: |
00269965 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Other Directorship:
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||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Name : |
Mr. Vijay Madhusudan Bibikar |
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Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
3-B, Kalyani Apartments, 106-107, Abirampuram, 4th Street,
Abirampuram, Chennai – 600018, Tamilnadu, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of Birth/Age : |
14.08.1955 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Qualification : |
M.Sc. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Experience : |
36 Years |
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Date of Appointment : |
10.08.1982 |
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PAN No.: |
AASPB3572G |
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DIN No.: |
00333007 |
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Other Directorship:
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Name : |
Mr. Shriram Ganesh Bhalerao |
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Designation : |
Managing Director |
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|
Address : |
603, Kasturi Towers, L.B.S. Road, Panchpakhadi,
Thane - 400602, Maharashtra, India |
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Date of Birth/Age : |
11.04.1951 |
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Qualification : |
B.Sc. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Experience : |
40 Years |
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Date of Appointment : |
10.08.1982 |
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PAN No.: |
AASPB3572G |
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DIN No.: |
00495009 |
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Other Directorship:
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
Shriram Ganesh
Bhalerao |
|
111375 |
|
Anjali Shriram
Bhalerao |
|
85500 |
|
Shriram Ganesh
Bhalerao (HUF) |
|
65625 |
|
Kanchan Shrikant
Bapat |
|
84375 |
|
Shrikant Shankar
Bapat (HUF) |
|
56250 |
|
Vijay Madhusadan
Bibikar (HUF) |
|
56250 |
|
Shubhada Vijay Bibikar |
|
56250 |
|
Vijay Madhusadan
Bibikar (HUF) |
|
37500 |
|
Virendra Sitaram
Upadhye HUF |
|
75375 |
|
Shrikant Shankar
Bapat (HUF) |
|
84375 |
|
Virendra Sitaram
Upadhye (HUF) |
|
28125 |
|
Shobhana S Upadhye |
|
9000 |
|
|
|
|
|
Total |
|
750000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2016
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
43.55 |
|
Public – (Individual/ Hindu Undivided
Family – Indian) |
56.45 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
(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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||||||||
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Exports : |
Not Divulged |
||||||||
|
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|
||||||||
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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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|
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Facilities : |
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Auditors : |
|
|
Name : |
Year Vdekar and Associates Chartered Accountants |
|
Address : |
849/1, Uma Apartment, Dr. Agarkar Road, Opposite BMCC, Shivajinagar, Pune – 411004, Maharashtra, India |
|
Tel. No.: |
91-20-2565-7888 |
|
Fax No.: |
91-20-2565-7889 |
|
E-Mail : |
|
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AABFY1530C |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates: |
U74999MH2008PTC186895
U45201MH2006PTC164277 |
|
|
|
|
Subsidiary company: |
U63040PN2003PTC018648
U99999MH1988PTC047826 |
|
|
|
|
Enterprises which
are owned, or have significant influence of or are partners with Key
management personnel and their relatives : |
U85100PN2010PTC135933
U33125PN2010PTC135542
U85100PN2013PTC145962
U85100PN2007PTC130763
U55101PN2013PTC148294 |
CAPITAL STRUCTURE
As on 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
INR 10/- each |
INR 10.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
750000 |
Equity Shares |
INR 10/- each |
INR 7.500
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Rupees Million]
ABRIDGED
BALANCE SHEET - STANDALONE
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
7.500 |
7.500 |
7.500 |
|
(b) Reserves and Surplus |
1178.519 |
1171.657 |
1165.256 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
(d) Minority interest |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
1186.019 |
1179.157 |
1172.756 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
12.636 |
11.206 |
2.829 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
12.636 |
11.206 |
2.829 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
23.418 |
0.000 |
|
(b) Trade
payables |
41.357 |
38.387 |
29.655 |
|
(c) Other
current liabilities |
69.465 |
97.255 |
53.868 |
|
(d) Short-term
provisions |
0.000 |
0.050 |
0.228 |
|
Total Current
Liabilities (4) |
110.822 |
159.110 |
83.751 |
|
|
|
|
|
|
TOTAL |
1309.477 |
1349.473 |
1259.336 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
164.595 |
128.658 |
123.302 |
|
(ii)
Intangible Assets |
1.792 |
2.856 |
1.680 |
|
(iii) Tangible assets
capital work-in-progress |
0.000 |
106.669 |
106.669 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
88.152 |
79.786 |
90.320 |
|
(c) Deferred tax assets (net) |
17.743 |
16.162 |
13.496 |
|
(d)
Long-term loans and advances |
43.226 |
35.429 |
39.698 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
315.508 |
369.560 |
375.165 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a) Current
investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
43.040 |
42.733 |
40.761 |
|
(c) Trade
receivables |
82.023 |
139.404 |
95.723 |
|
(d) Cash and
bank balances |
202.733 |
163.065 |
144.084 |
|
(e)
Short-term loans and advances |
666.173 |
634.711 |
603.603 |
|
(f) Other
current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
993.969 |
979.913 |
884.171 |
|
|
|
|
|
|
TOTAL |
1309.477 |
1349.473 |
1259.336 |
PROFIT
& LOSS ACCOUNT - STANDALONE
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
337.294 |
314.956 |
444.412 |
|
|
Other Income |
139.459 |
79.419 |
52.405 |
|
|
TOTAL |
476.753 |
394.375 |
496.817 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
202.779 |
145.992 |
179.317 |
|
|
Employee benefit expense |
116.450 |
107.830 |
140.710 |
|
|
Other expenses |
122.079 |
120.128 |
153.282 |
|
|
Prior period items before tax |
0.637 |
0.000 |
0.000 |
|
|
Extraordinary items before tax |
2.046 |
0.000 |
0.000 |
|
|
TOTAL |
443.991 |
373.950 |
473.309 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
32.762 |
20.425 |
23.508 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
2.031 |
1.070 |
1.610 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
30.731 |
19.355 |
21.898 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
17.075 |
16.944 |
13.473 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
13.656 |
2.411 |
8.425 |
|
|
|
|
|
|
|
Less |
TAX |
6.795 |
(3.990) |
6.396 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
6.861 |
6.401 |
2.029 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
9.148 |
8.535 |
2.705 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
6.230 |
4.879 |
4.453 |
|
Net cash flows from (used in) operations |
(73.368) |
(11.982) |
42.377 |
|
Net cash flows from (used in) operating activities |
(81.743) |
(10.658) |
34.195 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days [Sundry Debtors / Income * 365] |
|
88.76 |
161.55 |
78.62 |
|
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
|
4.11 |
2.26 |
4.64 |
|
|
|
|
|
|
|
Average Payment Days [Sundry Creditors /
Purchases * 365] |
|
74.44 |
95.97 |
60.36 |
|
|
|
|
|
|
|
Inventory Turnover [Operating Income /
Inventories] |
|
0.76 |
0.48 |
0.58 |
|
|
|
|
|
|
|
Asset Turnover [Operating Income / Net Fixed
Assets] |
|
0.20 |
0.09 |
0.10 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets] |
|
0.10 |
0.13 |
0.07 |
|
|
|
|
|
|
|
Debt Equity Ratio (Borrowings / NetWorth) |
|
0.02 |
0.03 |
0.01 |
|
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / NetWorth) |
|
0.09 |
0.13 |
0.07 |
|
|
|
|
|
|
|
Fixed Assets to NetWorth (Net Fixed Assets /
NetWorth) |
|
0.14 |
0.20 |
0.20 |
|
|
|
|
|
|
|
Interest Coverage Ratio [PBIT / Financial
Charges] |
|
16.13 |
19.09 |
14.60 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin [(PAT / Sales) * 100] |
(%) |
2.03 |
2.03 |
0.46 |
|
|
|
|
|
|
|
Return on Total Assets [(PAT / Total Assets)
* 100] |
(%) |
0.52 |
0.47 |
0.16 |
|
|
|
|
|
|
|
Return on Investment (ROI) [(PAT / NetWorth)
* 100] |
(%) |
0.58 |
0.54 |
0.17 |
SOLVENCY RATIO
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio [Current Assets / Current Liabilities] |
|
8.97 |
6.16 |
10.56 |
|
|
|
|
|
|
|
Quick Ratio [(Current Assets - Inventories)
/ Current Liabilities] |
|
8.58 |
5.89 |
10.07 |
|
|
|
|
|
|
|
G-Score Ratio Financial [NetWorth / Total
Assets] |
|
0.91 |
0.87 |
0.93 |
|
|
|
|
|
|
|
G-Score Ratio Debt [Debts / Equity Capital] |
|
2.52 |
5.27 |
0.97 |
|
|
|
|
|
|
|
G-Score Ratio Liquidity [Total Current Assets
/ Total Current Liabilities] |
|
8.97 |
6.16 |
10.56 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Share Capital |
7.500 |
7.500 |
7.500 |
|
Reserves & Surplus |
1165.256 |
1171.657 |
1178.519 |
|
Net
worth |
1172.756 |
1179.157 |
1186.019 |
|
|
|
|
|
|
Long-term borrowings |
2.829 |
11.206 |
12.636 |
|
Short term borrowings |
0.000 |
23.418 |
0.000 |
|
Current maturities of
long-term debts |
4.453 |
4.879 |
6.230 |
|
Total
borrowings |
7.282 |
39.503 |
18.866 |
|
Debt/Equity
ratio |
0.006 |
0.034 |
0.016 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
444.412 |
314.956 |
337.294 |
|
|
|
(29.130) |
7.092 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
444.412 |
314.956 |
337.294 |
|
Profit/ (Loss) |
2.029 |
6.401 |
6.861 |
|
|
0.46
% |
2.03
% |
2.03
% |
ABRIDGED
BALANCE SHEET – (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
7.500 |
7.500 |
|
(b) Reserves and Surplus |
|
1171.820 |
1167.265 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
(d) Minority interest |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
1179.320 |
1174.765 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
12.964 |
11.582 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
12.964 |
11.582 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
0.000 |
23.418 |
|
(b) Trade
payables |
|
42.263 |
43.797 |
|
(c) Other
current liabilities |
|
72.591 |
98.130 |
|
(d) Short-term
provisions |
|
0.000 |
0.050 |
|
Total Current
Liabilities (4) |
|
114.854 |
165.395 |
|
|
|
|
|
|
TOTAL |
|
1307.138 |
1351.742 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
165.692 |
129.773 |
|
(ii)
Intangible Assets |
|
2.769 |
3.833 |
|
(iii) Tangible assets
capital work-in-progress |
|
0.000 |
106.669 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
88.109 |
81.300 |
|
(c) Deferred tax assets (net) |
|
16.824 |
15.245 |
|
(d)
Long-term loans and advances |
|
47.089 |
39.292 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
320.483 |
376.112 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
43.040 |
42.733 |
|
(c) Trade
receivables |
|
82.233 |
123.053 |
|
(d) Cash and
bank balances |
|
203.125 |
163.625 |
|
(e)
Short-term loans and advances |
|
658.257 |
646.219 |
|
(f) Other
current assets |
|
0.000 |
0.000 |
|
Total
Current Assets |
|
986.655 |
975.630 |
|
|
|
|
|
|
TOTAL |
|
1307.138 |
1351.742 |
PROFIT
& LOSS ACCOUNT– (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
|
356.365 |
332.276 |
|
|
Other Income |
|
139.477 |
79.474 |
|
|
TOTAL |
|
495.842 |
411.750 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
223.713 |
166.145 |
|
|
Employee benefit expense |
|
117.560 |
108.941 |
|
|
Other expenses |
|
119.790 |
116.903 |
|
|
Prior period items before tax |
|
0.637 |
0.043 |
|
|
Exceptional items before tax |
|
2.046 |
0.000 |
|
|
TOTAL |
|
463.746 |
392.032 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
32.096 |
19.718 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
2.066 |
1.108 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
30.030 |
18.610 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
17.123 |
17.064 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE
TAX |
|
12.907 |
1.546 |
|
|
|
|
|
|
|
Less |
TAX |
|
6.795 |
(3.918) |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
6.112 |
5.464 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
8.149 |
7.285 |
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 |
Yes |
|
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 |
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 |
C45722188 |
10553295 |
SARASWAT COOPERATIVE BANK LTD |
03/02/2015 |
- |
- |
10000000.0 |
Pioneer High School Building,Telang Road,Matunga,MUMBAIMH400019IN |
|
2 |
C65532970 |
10198465 |
Axis Bank Limited |
04/01/2010 |
16/09/2015 |
- |
110000000.0 |
Mini Credit Management Centre, Thane, Dhiraj Baug,Near Hari Niwas Circle, L.B.S Marg,ThaneMH400602IN |
|
3 |
A59985861 |
10150533 |
Bank Of India |
06/03/2009 |
- |
- |
25000000.0 |
Vandana House, Near Vandana Cinema,L.B.S. Marg,ThaneMH400602IN |
|
4 |
A58636531 |
10121397 |
Bank Of India |
21/08/2008 |
06/03/2009 |
- |
100000000.0 |
Panchpakhadi Branch,Vandana Cinema, L.B.S. Marg,ThaneMH400602IN |
|
5 |
A59988873 |
10189711 |
Bank Of India |
14/08/2008 |
- |
- |
25000000.0 |
Vandana House, Near Vandana Cinema,L.B.S. Marg,ThaneMH400602IN |
|
6 |
A23576507 |
10068146 |
Bank Of India |
13/08/2007 |
- |
- |
99400000.0 |
Vandana House, Near Vandana Cinema,L.B.S. Marg,ThaneMH400602IN |
|
7 |
A59989186 |
10189712 |
Bank Of India |
21/07/2006 |
- |
- |
50000000.0 |
Vandana House, Near Vandana Cinema,L.B.S. Marg,ThaneMH400602IN |
|
8 |
C17861287 |
10147139 |
TJSB Sahakari Bank Limited |
28/02/2009 |
- |
20/08/2014 |
120000000.0 |
PANCH PAKHADI BRANCHPANCHAKHADITHANEMH400601IN |
|
9 |
A78881588 |
90093950 |
BANK OF INDIA |
25/11/2003 |
- |
29/01/2010 |
2500000.0 |
PANCHPAKHADI BRANCHNEAR VANDANA CINEMA; AGRA ROADTHANEMH400602IN |
|
10 |
A78498417 |
10163306 |
Bank Of India |
28/09/2006 |
- |
29/01/2010 |
22215000.0 |
Vandana House, Near Vandana Cinema,L.B.S. Marg,ThaneMH400602IN |
FIXED ASSETS
- Land
- Buildings
- Plant and equipment
- Factory
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer
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 records 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 |
|
|
1 |
INR 88.64 |
|
Euro |
1 |
INR 78.14 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUP |
|
|
|
|
Analysis Done by
: |
PRS |
|
|
|
|
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.