|
|
|
MIRA INFORM REPORT
|
Report No. : |
488277 |
|
Report Date : |
25.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
RANADEY MICRONUTRIENTS PRIVATE LIMITED |
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|
|
|
Registered
Office : |
Plot No 92, Tuem Industrial Estate, Tuem, Pernem, Goa -
403512 |
|
Tel. No.: |
91-20-26833748 |
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|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
13.06.1974 |
|
|
|
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Com. Reg. No.: |
24-004322 |
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|
|
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Capital
Investment / Paid-up Capital : |
INR 8.100 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U24123GA1974PTC004322 |
|
|
|
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IEC No.: |
Not Divulged |
|
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GSTIN/UIN: |
Not Divulged |
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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.] |
AAACR8134R |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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|
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Line of Business
: |
Manufacturing of fertilizers – sulphates NES. (Registered Activity) |
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|
|
|
No. of Employees
: |
Information denied 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 560000 |
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|
|
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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 1974 and it is having good track. For the financial year 2017, the company has increased its revenue from operation as compared to previous year and maintained decent profitability margin of 6.79%. Rating takes into consideration sound financial profile of the company marked by healthy networth base and low debt balance sheet. Further, rating also reflects from its well established track record of business operations along with market position and 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 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.
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 |
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 25.01.2018
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 (91-20-26833748)
LOCATIONS
|
Registered Office : |
Plot No 92, Tuem Industrial Estate, Tuem, Pernem, Goa –
403512, India |
|
Tel. No.: |
91-20-26833748 |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Admin Office : |
1A Krishna Keval Nagar, Kondhwa Khurd, Pune – 411001, Maharashtra, India |
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Tel. No.: |
91-20–26833748/26831682/26831680/26831681 |
|
Fax No.: |
91-20-26833750 |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Veera Cajetin Lobo |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Address : |
128/8, Gulmohar Apartments , Lulla Nagar, Kondhwa, Pune –
411040, Maharashtra, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of Birth/Age : |
22.01.1955 |
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Date of Appointment : |
01.06.2017 |
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DIN No.: |
00028189 |
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Other Directorship:
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Name : |
Mr. Teja Ranade Gadhoke |
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Designation : |
Director |
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Address : |
Bungalow No.74 ,Clover Hills Nibm Road, Kondhwa, Pune –
411040, Maharashtra, India |
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Date of Appointment : |
01.06.2017 |
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DIN No.: |
00028218 |
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Other Directorship:
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||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Name : |
Mrs. Anita Bhalchandra Ramdasi |
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Designation : |
Director |
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Address : |
A-1113, Salunkhe Vihar, A.W.H.O. Kondhwa Nibm Pune 411048
Mh In |
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Date of Appointment : |
01.06.2017 |
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DIN No.: |
01037832 |
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Other Directorship:
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Name : |
Mr. Nanasaheb Shankar Zakane |
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Designation : |
Director |
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Address : |
C/O Tulshidas A. Talkar House. No. 590, Near. Government
Hospital, Murmuse Tuem, Pernem – 403512, Goa, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of Appointment : |
01.06.2017 |
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DIN No.: |
01525234 |
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Other Directorship:
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||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Name : |
Mr. Ujwala Shrikant Ranade |
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Designation : |
Director |
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Address : |
E-1302 Mantri Espana, Outer Ring Road, Opposite Intel
Kariyammana Agrahara, Devarabeesanahalli, Bellandur, Bangalore – 560103,
Karnataka, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of Birth/Age : |
03.12.1973 |
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Date of Appointment : |
01.06.2017 |
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DIN No.: |
02507140 |
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Other Directorship:
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Name : |
Mr. Ajit Keshavrao Kulkarni |
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Designation : |
Director |
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Address : |
#53, 2nd Floor, Shanti Sadan Apartment, Nehru Road,
Tilkawadi, Belgaum – 590006, Karnataka, India |
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Date of Appointment : |
01.07.2015 |
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DIN No.: |
03176807 |
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Other Directorship:
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Name : |
Mr. Anil Lahanu Gat |
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Designation : |
Director |
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Address : |
B-4,No.346 Bhagirathi Apartment, Neharu Road, Belgaum –
590006, Karnataka, India |
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Date of Appointment : |
01.07.2015 |
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DIN No.: |
05283205 |
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Other Directorship:
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MAJOR SHAREHOLDERS
AS ON 31.03.2017
|
Names of Shareholders |
No. of Shares |
|
Aasha Shrikant Ranade |
17010 |
|
Veera Cajetin Lobo |
13770 |
|
Teja Ameet Gadhoke |
3240 |
|
Ujwala Rahul Malvi |
4050 |
|
Sheela Umer Farda |
15390 |
|
Shrikant Shriskrishna Ranade |
27540 |
|
Total |
81000 |
Equity Share Break up (Percentage of Total Equity)
AS ON 29.09.2017
|
Category |
Percentage |
|
Promoters- Individual/Hindu Undivided Family- Indian |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing of fertilizers – sulphates NES. (Registered Activity) |
||||
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||||
|
Products / Services
: |
|
||||
|
|
|
||||
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Brand Names : |
Not Available |
||||
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|
||||
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Agencies Held : |
Not Available |
||||
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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 : |
·
Veronica Bionics Private Limited – Cr ·
Veronica Micronutrients Private Limited, Goa ·
Veronica Manusec Private Limited, Pune ·
Shashi Shankar Magnesia Private Limited ·
Ranadey Exports Private Limited ·
Prajakt Nutrients Private Limited
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Customers : |
·
Rohanna Agri Limited ·
Ranadey Micro Fertilizers – Anantpur ·
Maalwaa Micronutrients Private Limited ·
Tarai Micronutrients Private Limited ·
Prajakt Micronutrients Private Limited ·
Cyprium Micronutrients Private Limited ·
Samphal Development Private Limited
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
No. of Employees : |
Information denied by the management |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
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Bankers : |
|
|
Auditors : |
|
|
Name : |
R. K. Pikale and Company Chartered Accountants |
|
Address : |
216 , Govind Building, M. G. Road, Panaji – 403001, Goa, India |
|
Tel. No.: |
91-832-2227677/2221577 |
|
Fax No.: |
91-832-2222477 |
|
E-Mail : |
|
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AADFR8651B |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
|
|
|
Company in which KMP / Relatives of KMP can exercise/Subsidiary : |
·
Veronik Manusec Private Limited (VMS) [U24129GA1989PTC004885] ·
Arianaa Software Private Limited [U73100PN2013PTC149918] ·
IMT Technologies Limited (IMTTL) ·
Prajakt Nutrients Private Limited (PNPL) ·
Ranadey Tech Private Limited (RTPL) ·
Ranadey Micro Fertilizers Private Limited (RMFPL) [U01119GA1995PTC005112] ·
Maalwaa Micronutrients Private Limited (MMPL) [U24120PB2008PTC038973] ·
Taarai Micronutrients (TMPL) [U24120UP2007PTC034236] ·
Roadway Solution (India) Private Limited (RSPL) ·
IMT Marketing Private Limited - Pune (IMPL) ·
Krishna Micronutrients Private Limited (KMPL) [U15490PN2008PTC132105] ·
Maratha Mlcronutrients Private Limited [U15490PN2008PTC132128] ·
Samphal Development Private Limited (SDPL) ·
Ranadey Edutour Private Limited (REPL) ·
Shashishankar Magnesla Private Limited (SMPL) ·
IMT Agro Private Limited (IAPL) ·
Rohanna Agri Limited (RAL) [U01403PN1992PLC065405] ·
Cyprium Micronutrients Private Limited (CMPL) [U24117PN2004PTC019374] ·
Veronik Bionics Private Limited - Goa (VBPL) ·
Veronik Micronutrients Private Limited (VMPL) ·
Veronik Manusec Private Limited, (VMS) ·
Prabhat Fertilizers Private Limited (PFPL) ·
Shrinee Agro Private Limited (SAPL) ·
Ranadey Exports Private Limited (REPL) [U51909GA1987PTC006119] ·
Shrinee Agro Chemicals Private Limited (SACPL) [U24129PN2002PTC136410] ·
Ranadey Professional Services Private Limited
(RPSPL) |
CAPITAL STRUCTURE
AS ON 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000 |
Equity Shares |
INR 100/- each |
INR 10.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
81000 |
Equity Shares |
INR 100/- each |
INR 8.100 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 |
8.100 |
8.100 |
8.100 |
|
(b) Reserves &
Surplus |
186.351 |
179.512 |
176.640 |
|
(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) |
194.451 |
187.612 |
184.740 |
|
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
|
(a) long-term borrowings |
12.600 |
17.700 |
20.300 |
|
(b) Deferred tax liabilities
(Net) |
0.816 |
0.434 |
0.630 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
2.573 |
1.594 |
2.322 |
|
Total Non-current
Liabilities (3) |
15.989 |
19.728 |
23.252 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade payables |
2.299 |
15.315 |
17.630 |
|
(c) Other current
liabilities |
38.962 |
13.825 |
13.146 |
|
(d) Short-term provisions |
7.222 |
2.742 |
4.262 |
|
Total Current Liabilities
(4) |
48.483 |
31.882 |
35.038 |
|
|
|
|
|
|
TOTAL |
258.923 |
239.222 |
243.030 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
130.790 |
130.896 |
128.962 |
|
(ii) Intangible Assets |
0.286 |
0.304 |
0.383 |
|
(iii) Capital
work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv) Intangible assets
under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
82.533 |
50.158 |
42.737 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
6.875 |
0.000 |
0.000 |
|
(e) Other Non-current
assets |
0.000 |
21.722 |
31.447 |
|
Total Non-Current Assets |
220.484 |
203.080 |
203.529 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
20.868 |
25.004 |
20.433 |
|
(c) Trade receivables |
1.807 |
5.121 |
12.713 |
|
(d) Cash and cash
equivalents |
8.338 |
3.472 |
2.881 |
|
(e) Short-term loans and
advances |
7.426 |
2.545 |
3.474 |
|
(f) Other current assets |
0.000 |
0.000 |
0.000 |
|
Total Current Assets |
38.439 |
36.142 |
39.501 |
|
|
|
|
|
|
TOTAL |
258.923 |
239.222 |
243.030 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
346.117 |
335.380 |
386.534 |
|
|
Other Income |
21.014 |
5.366 |
4.479 |
|
|
TOTAL |
367.131 |
340.746 |
391.013 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
233.890 |
218.416 |
254.990 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
11.232 |
3.557 |
5.079 |
|
|
Employees benefits
expense |
31.285 |
47.949 |
39.944 |
|
|
Other expenses |
52.666 |
59.808 |
76.040 |
|
|
TOTAL |
329.073 |
329.730 |
376.053 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
38.058 |
11.016 |
14.960 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
1.337 |
1.289 |
2.352 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
36.721 |
9.727 |
12.608 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
4.617 |
4.401 |
7.478 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
32.104 |
5.326 |
5.130 |
|
|
|
|
|
|
|
Less |
TAX |
8.605 |
2.454 |
4.192 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
23.499 |
2.872 |
0.938 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
290.11 |
35.45 |
11.57 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
52.211 |
16.391 |
(4.167) |
|
Net cash flows from (used in) operations |
43.988 |
13.741 |
(7.249) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
1.91 |
5.57 |
12.00 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
191.54 |
65.49 |
30.40 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
3.59 |
25.59 |
25.24 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
1.82 |
0.44 |
0.73 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.29 |
0.08 |
0.12 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.24 |
0.21 |
0.23 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.06 |
0.09 |
0.11 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.25 |
0.17 |
0.19 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.67 |
0.70 |
0.70 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
28.47 |
8.55 |
6.36 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
6.79 |
0.86 |
0.24 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
9.08 |
1.20 |
0.39 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
12.08 |
1.53 |
0.51 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
0.79 |
1.13 |
1.13 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.36 |
0.35 |
0.54 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.75 |
0.78 |
0.76 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
1.56 |
2.19 |
2.51 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
0.79 |
1.13 |
1.13 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR In Million |
INR In Million |
INR In Million |
|
Share Capital |
8.100 |
8.100 |
8.100 |
|
Reserves & Surplus |
176.640 |
179.512 |
186.351 |
|
Net worth |
184.740 |
187.612 |
194.451 |
|
|
|
|
|
|
long-term borrowings |
20.300 |
17.700 |
12.600 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total borrowings |
20.300 |
17.700 |
12.600 |
|
Debt/Equity ratio |
0.110 |
0.094 |
0.065 |
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 |
386.534 |
335.380 |
346.117 |
|
|
|
(13.234) |
3.201 |
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 |
386.534 |
335.380 |
346.117 |
|
Profit/(Loss) |
0.938 |
2.872 |
23.499 |
|
|
0.24% |
0.86% |
6.79% |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
(1)Shareholders' Funds |
|
|
|
(a) Share Capital |
8.100 |
8.100 |
|
(b) Reserves &
Surplus |
264.333 |
213.612 |
|
(c) Money received
against share warrants |
0.000 |
0.000 |
|
|
|
|
|
minority interest |
30.929 |
23.232 |
|
(2) Share Application
money pending allotment |
0.000 |
0.000 |
|
Total Shareholders’ Funds
(1) + (2) |
303.362 |
244.944 |
|
|
|
|
|
(3) Non-Current
Liabilities |
|
|
|
(a) long-term borrowings |
33.286 |
40.658 |
|
(b) Deferred tax
liabilities (Net) |
0.937 |
1.918 |
|
(c) Other long term
liabilities |
14.796 |
40.473 |
|
(d) long-term provisions |
8.674 |
9.156 |
|
Total Non-current
Liabilities (3) |
57.693 |
92.205 |
|
|
|
|
|
(4) Current Liabilities |
|
|
|
(a) Short term borrowings |
15.925 |
21.053 |
|
(b) Trade payables |
33.471 |
43.326 |
|
(c) Other current
liabilities |
39.407 |
56.580 |
|
(d) Short-term provisions |
15.349 |
26.853 |
|
Total Current Liabilities
(4) |
104.152 |
147.812 |
|
|
|
|
|
TOTAL |
465.207 |
484.961 |
|
|
|
|
|
II.
ASSETS |
|
|
|
(1) Non-current assets |
|
|
|
(a) Fixed Assets |
|
|
|
(i) Tangible assets |
214.951 |
203.999 |
|
(ii) Intangible Assets |
0.849 |
0.695 |
|
(iii) Capital
work-in-progress |
0.000 |
0.000 |
|
(iv) Intangible assets
under development |
0.000 |
0.000 |
|
(b) Non-current
Investments |
22.883 |
2.699 |
|
(c) Deferred tax assets
(net) |
10.901 |
7.880 |
|
(d) Long-term Loan and Advances |
21.716 |
0.000 |
|
(e) Other Non-current
assets |
9.747 |
82.548 |
|
Total Non-Current Assets |
281.047 |
297.821 |
|
|
|
|
|
(2) Current assets |
|
|
|
(a) Current investments |
17.266 |
0.000 |
|
(b) Inventories |
44.626 |
82.064 |
|
(c) Trade receivables |
41.130 |
44.238 |
|
(d) Cash and cash
equivalents |
19.258 |
29.534 |
|
(e) Short-term loans and
advances |
58.580 |
31.304 |
|
(f) Other current assets |
3.300 |
0.000 |
|
Total Current Assets |
184.160 |
187.140 |
|
|
|
|
|
TOTAL |
465.207 |
484.961 |
PROFIT AND LOSS (CONSOLIDATED)
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
Income |
1279.847 |
904.095 |
|
|
Other Income |
14.272 |
14.361 |
|
|
TOTAL |
1294.119 |
918.456 |
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
Cost of Materials
Consumed |
771.126 |
457.397 |
|
|
Purchases of
Stock-in-Trade |
76.983 |
0.000 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
42.007 |
6.552 |
|
|
Employees benefits
expense |
165.432 |
150.665 |
|
|
Other expenses |
209.663 |
235.986 |
|
|
TOTAL |
1265.211 |
850.600 |
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
28.908 |
67.856 |
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
2.491 |
4.059 |
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
26.417 |
63.797 |
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
16.331 |
27.190 |
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
10.086 |
36.607 |
|
|
|
|
|
|
Less |
TAX |
2.693 |
18.066 |
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
7.393 |
18.541 |
|
|
|
|
|
|
|
Minority
Interest |
0.960 |
2.206 |
|
|
|
|
|
|
|
Capital
Reserve |
0.000 |
3.146 |
|
|
|
|
|
|
|
PROFIT/ (LOSS) FOR THE
PERIOD |
6.433 |
13.188 |
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
7.94 |
16.28 |
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 |
Yes |
|
19 |
Major customers |
Yes |
|
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 |
Litigations that the firm/promoter
involved in |
-- |
|
32 |
Market information |
-- |
|
33 |
Payments terms |
No |
|
34 |
Negative Reporting by Auditors in the
Annual Report |
No |
UNSECURED LOANS:
|
Particulars |
31.03.2017 INR In Million |
31.03.2016 INR In Million |
|
LONG TERM BORROWINGS |
|
|
|
Deposit from
shareholders |
3.600 |
4.000 |
|
Inter corporate deposit |
9.000 |
13.700 |
|
Total |
12.600 |
17.700 |
INDEX OF CHARGE:
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF
MODIFICATION |
DATE OF
SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
Y10178198 |
90093177 |
BANK OF MAHARASHTRA |
06/05/2005 |
- |
- |
5000000.0 |
SALISBURY PARK BRANCHPUNEMH411037IN |
|
2 |
Y10178126 |
90093105 |
BANK OF MAHARASHTRA |
24/03/2005 |
- |
- |
3000000.0 |
SALISBURY PARK BRANCHPUNEMH411037IN |
|
3 |
Y10178055 |
90093034 |
BANK OF MAHARASHTRA |
17/02/2005 |
- |
- |
5000000.0 |
SALISBURY PARK BRANCHPUNEMH411037IN |
|
4 |
Y10174720 |
90089699 |
STATE BANK OF INDIA |
02/12/1991 |
- |
- |
1500000.0 |
PUNE BRANCHPUNEMHIN |
|
5 |
C28334167 |
80044073 |
BANK OF MAHARASHTRA |
28/07/2001 |
03/11/2007 |
29/09/2014 |
30000000.0 |
SALISBURY PARK BRANCHPUNEMH411037IN |
|
6 |
A86256815 |
80028963 |
BANK OF MAHARASHTRA |
10/02/2006 |
19/03/2007 |
18/05/2010 |
20000000.0 |
SALISBURY PARK BRANCHPUNEMH411037IN |
|
7 |
A86256534 |
10044742 |
BANK OF MAHARASHTRA |
15/03/2007 |
- |
18/05/2010 |
30000000.0 |
SALISBURY PARK BRANCH, PUNEPUNEMH411037IN |
|
8 |
A23079742 |
80034448 |
STATE BANK OF INDIA |
29/06/2004 |
- |
19/09/2007 |
16000000.0 |
MARKET YARD BRANCHPUNEMH411037IN |
|
9 |
A18319558 |
80033439 |
BANK OF MAHARASHTRA |
03/02/2006 |
- |
19/06/2007 |
2500000.0 |
SALISBURY PARK BRANCHPUNEMH411037IN |
|
10 |
A17216326 |
10052539 |
BANK OF MAHARASHTRA |
08/05/2007 |
- |
13/06/2007 |
5000000.0 |
SALISBURY PARK BRANCHPUNEMH411037IN |
FIXED ASSETS:
·
Land
·
Building
·
Plant and Machinery
·
Computer
·
Vehicles
·
Furniture and Fixture
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 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 63.64 |
|
|
1 |
INR 89.32 |
|
Euro |
1 |
INR 78.45 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUV |
|
|
|
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
NKTS |
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.