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|
|
%20LIMITED%20-%20487911%2027-Jan-2018_files/image015.jpg){kind=small}
%20LIMITED%20-%20487911%2027-Jan-2018_files/image016.jpg)
%20LIMITED%20-%20487911%2027-Jan-2018_files/image018.gif)
MIRA INFORM REPORT
|
Report No. : |
487911 |
|
Report Date : |
27.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
UNITED TELELINKS (BANGALORE) LIMITED |
|
|
|
|
Registered Office
: |
# 39/ 13, AP Pareddypalya Main Road, Off 7th Main Halii Stage, Indira Nagar, Bangalore-560038, Karnataka |
|
Tel. No.: |
91-80-40894804 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2015 |
|
|
|
|
Date of
Incorporation : |
13.06.1994 |
|
|
|
|
Com. Reg. No.: |
08-015750 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 98.400 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U32109KA1994PLC015750 |
|
|
|
|
IEC No.: |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
TIN No.: |
29710094827 |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACU1901H |
|
|
|
|
GST No.: |
29AAACU1901H1ZK |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Trading of Mobile Handsets and also Providing Related Services.
[Registered Activity] |
|
|
|
|
No. of Employees
: |
Not Divulged |
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 8052080 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
United Telelinks (Bangalore) Limited (UTBL) was incorporated in the year 1994. The company is engaged in the distribution of mobile phones and accessories in India under its own “Karbonn” brand. In March 2009, UTBL launched mobile handsets under its own brand name “Karbonn”, in collaboration with Delhi based Jaina Group. As per the terms of the agreement with Jaina Group, Jaina will distribute “Karbonn” mobile phones in northern and western India and UTBL will distribute the phones in southern and eastern Indian markets. The entire process chain, including procurement, marketing, brand management, promotion, supply chain management and after sales service, is being taken care of by UTBL and Jaina jointly. UTBL also undertakes distributorship of other mobile brands such as Samsung, Gionee, Huawei, etc. Management has not filed its financial record with government department for the year 2017 and same are not available from any other sources. As per the Registrar of Companies date of balance sheet (i.e. financial filed) is shown as 31.03.2016 but documents related to the financial for the year 31.03.2016 are not available from any sources. As per the available financial of 2015, the company has decent revenue base along with fair profitability margin and favourable earnings per share of INR 97.21 against the face value of INR 10. The overall financial position of the company seems to be sound marked by strong net worth base and debt free balance sheet profile. However, rating is constrained on account of absence of latest financial records of the company. Business is active. Payments are reported to be slow but correct. In view of aforesaid, the company can be considered for business dealings at usual trade terms and condition. |
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 |
Non Fund Based Facilities = A2+ |
|
Rating Explanation |
Strong degree of safety and low credit risk |
|
Date |
22.01.2018 |
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 27.01.2018
IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS
Subject’s name is not listed in the publicly
available IBBI (Insolvency and Bankruptcy Board of India) list as of report
date.
INFORMATION DECLINED
MANAGEMENT NON-COOPERATIVE [91-80-40894804]
[91-80-28524050] Number is not working
LOCATIONS
|
Registered Office : |
# 39/ 13, AP Pareddypalya Main Road, Off 7th Main Halii Stage, Indira Nagar, Bangalore-560038, Karnataka, India |
|
Tel. No.: |
91-80-40894804 |
|
Fax No.: |
Not Available |
|
E-Mail : |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Venkateswara Rao Chalasani |
||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||
|
Address : |
No. 14, Whitley Layout White Field, Bangalore-560066, Karnataka, India |
||||||||||||||||||||||||||||
|
Date of Birth/Age : |
24.05.1961 |
||||||||||||||||||||||||||||
|
Qualification : |
BE |
||||||||||||||||||||||||||||
|
Date of Appointment : |
15.09.2005 |
||||||||||||||||||||||||||||
|
PAN No.: |
ACLPR2072E |
||||||||||||||||||||||||||||
|
DIN No.: |
00155107 |
||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Name : |
Mr. Sudhir Kumar Hasija |
||||||||||||||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||||||||||||||
|
Address : |
No. 7, Wellington Street, Richmond Town, Bangalore-560025, Karnataka, India |
||||||||||||||||||||||||||||
|
Date of Birth/Age : |
01.06.1956 |
||||||||||||||||||||||||||||
|
Qualification : |
MBA |
||||||||||||||||||||||||||||
|
Date of Appointment : |
13.06.1994 |
||||||||||||||||||||||||||||
|
PAN No.: |
AKKPS7295P |
||||||||||||||||||||||||||||
|
DIN No.: |
00157168 |
||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Name : |
Dr. Raja Mohan Rao Potluri |
||||||||||||||||||||||||||||
|
Designation : |
Wholetime Director |
||||||||||||||||||||||||||||
|
Address : |
No. 319, Inner Circle, White Field, Bangalore-560066, Karnataka, India |
||||||||||||||||||||||||||||
|
Date of Appointment : |
02.03.2015 |
||||||||||||||||||||||||||||
|
DIN No.: |
00157346 |
||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Name : |
Mrs. Padmavathi Chalasani |
||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||
|
Address : |
No. 14, Whitley Layout, White Field, Bangalore-560066, Karnataka, India |
||||||||||||||||||||||||||||
|
Date of Birth/Age : |
06.07.1962 |
||||||||||||||||||||||||||||
|
Qualification : |
BA |
||||||||||||||||||||||||||||
|
Date of Appointment : |
25.05.2011 |
||||||||||||||||||||||||||||
|
PAN No.: |
AISPC4227D |
||||||||||||||||||||||||||||
|
DIN No.: |
00552699 |
||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Name : |
Mrs. Bhavana Potluri Rao |
||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||
|
Address : |
Stella Maris, Inner Circle, White Field, Bangalore-560066, Karnataka, India |
||||||||||||||||||||||||||||
|
Date of Birth/Age : |
15.09.1983 |
||||||||||||||||||||||||||||
|
Qualification : |
BE |
||||||||||||||||||||||||||||
|
Date of Appointment : |
07.07.2011 |
||||||||||||||||||||||||||||
|
PAN No.: |
ARTPR2927H |
||||||||||||||||||||||||||||
|
DIN No.: |
02326788 |
||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Name : |
Chalasani Sandhya Rao |
||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||
|
Address : |
No. 14, Whitely Lay Out White Field, Bangalore-560066, Karnataka, India |
||||||||||||||||||||||||||||
|
Date of Birth/Age : |
26.08.1986 |
||||||||||||||||||||||||||||
|
Qualification : |
MD |
||||||||||||||||||||||||||||
|
Date of Appointment : |
25.05.2011 |
||||||||||||||||||||||||||||
|
PAN No.: |
BDGPR8401J |
||||||||||||||||||||||||||||
|
DIN No.: |
03207351 |
||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Name : |
Mrs. Esha Sudhir Hasija Kumar |
||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||
|
Address : |
# 7, Wellington Street, Richmond Town, Bangalore-560025, Karnataka, India |
||||||||||||||||||||||||||||
|
Date of Appointment : |
30.09.2015 |
||||||||||||||||||||||||||||
|
DIN No.: |
03435212 |
||||||||||||||||||||||||||||
|
|||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Name : |
Mrs. Nidhi Hasija |
||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||
|
Address : |
No. 7, Wellington Street, Richmond Town, Bangalore-560025, Karnataka, India |
||||||||||||||||||||||||||||
|
Date of Appointment : |
30.09.2015 |
||||||||||||||||||||||||||||
|
DIN No.: |
07218432 |
||||||||||||||||||||||||||||
|
|
|||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2016
|
Names of Shareholders |
|
No. of Shares |
|
C. Basavapurnaiah |
|
423120 |
|
C. Basavapurnaiah (HUF) |
|
2231220 |
|
Dr. P.Raja Mohan Rao |
|
410000 |
|
Dr. P.Raja Mohan Rao (HUF) |
|
410820 |
|
Dr. P.Padmavathi |
|
410000 |
|
C.V. Rao |
|
420000 |
|
C. Padmavathi |
|
393600 |
|
Sandhya Rao |
|
20340 |
|
P. Bhavana |
|
149650 |
|
P. Bharat |
|
149650 |
|
Sudhir Hasija |
|
1869600 |
|
Poonam Hasija |
|
984000 |
|
Nidhi Hasija |
|
1476000 |
|
Esha Hasija |
|
492000 |
|
|
|
|
|
Total |
|
9840000 |
AS ON: 30.09.2016
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters – Individual/ Hindu Undivided Family – Indian |
100.00 |
|
|
|
|
Total |
100.00 |
%20LIMITED%20-%20487911%2027-Jan-2018_files/image020.gif)
BUSINESS DETAILS
|
Line of Business : |
Trading of Mobile Handsets and also Providing Related Services.
[Registered Activity] |
||||||
|
|
|
||||||
|
Products : |
|
||||||
|
|
|
||||||
|
Brand Names : |
“Karbonn” |
||||||
|
|
|
||||||
|
Agencies Held : |
Not Divulged |
||||||
|
|
|
||||||
|
Exports : |
Not Divulged |
||||||
|
|
|
||||||
|
Imports : |
Not Divulged |
||||||
|
|
|
||||||
|
Terms : |
|
||||||
|
Selling : |
Not Divulged |
||||||
|
|
|
||||||
|
Purchasing : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
|||||||||||||||
|
|
|
|||||||||||||||
|
Customers : |
|
|||||||||||||||
|
|
|
|||||||||||||||
|
No. of Employees : |
Not Divulged |
|||||||||||||||
|
|
|
|||||||||||||||
|
Bankers : |
· IndusInd Bank Limited Centenary Building, 5th Floor, No. 28, M.G. Road, Bangalore - 560001, Karnataka, India · IDBI Bank Limited |
|||||||||||||||
|
|
|
|||||||||||||||
|
Facilities : |
|
|
|
|
|
Auditors : |
|
|
Name : |
Ford Rhodes Parks and Co LLP Chartered Accountants |
|
Address : |
439, 18th Main, 6th, Block, Koramangala, Bangalore, Karnataka, India |
|
PAN No.: |
AAAFF1843L |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associate
Companies: |
· United Telecoms Limited [U32301KA1986PLC007800] · Raaja Magnetics Limited [U27103KA1983PLC005337] · Priyaraj Electronics Limited [U32109KA1985PLC006819] ·
NSP Electronics Limited
[U31904KA1983PLC005621] · Gujarat Online Limited* · Andhra Networks Limited* · United Telecoms e Services P Limited* · United ERP Solutions Limited* · United Microelectronic Solutions Limited* · United Wireless Technologies Limited* · UTL Technologies Limited* · UTL Consultancy Ltd* · Itasca Software Development Private Ltd* · India Software Labs Private Ltd* · United Sustainable Energy India Private Ltd* · Promuk Hoffman International Limited* · Raaja Technics Limited* · United Rajpur Steels (India) P Limited* · Rajpur Minerals and Metals Management Limited* · Trigyn Technologies Limited* · New Era Power Corporation Ltd* · United Communications Limited* · United Sustainable Energy India Pvt. Ltd* · United Surya Energy Ltd* · Betul Wind Farms Ltd.* · United Infra and Water Management Ltd.* · United Power and Steel Alloys Ltd.* · Teleworld United Pvt. Ltd.* · Powered EPC Services Ltd.* · Leading Edge Infotech Inc.* · Trigyn Technologies Inc.* · Trigyn Technologies (India) Pvt. Ltd.* |
CAPITAL STRUCTURE
AS ON: 31.03.2015
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
10000000 |
Equity Shares |
INR 10/- each |
INR 100.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
9840000 |
Equity Shares |
INR 10/- each |
INR 98.400
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
98.400 |
98.400 |
98.400 |
|
(b) Reserves and Surplus |
2719.828 |
1885.435 |
1222.811 |
|
(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) |
2818.228 |
1983.835 |
1321.211 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
0.834 |
0.843 |
0.873 |
|
(d) long-term
provisions |
4.956 |
4.645 |
21.830 |
|
Total Non-current
Liabilities (3) |
5.790 |
5.488 |
22.703 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
100.000 |
98.155 |
|
(b) Trade
payables |
846.954 |
778.380 |
699.605 |
|
(c) Other
current liabilities |
431.410 |
448.977 |
274.473 |
|
(d) Short-term
provisions |
123.922 |
71.473 |
92.478 |
|
Total Current
Liabilities (4) |
1402.286 |
1398.830 |
1164.711 |
|
|
|
|
|
|
TOTAL |
4226.304 |
3388.153 |
2508.625 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
55.646 |
25.561 |
28.043 |
|
(ii)
Intangible Assets |
0.374 |
0.000 |
0.000 |
|
(iii) Tangible assets 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 |
400.658 |
0.463 |
0.463 |
|
(c) Deferred tax assets (net) |
8.321 |
4.880 |
5.464 |
|
(d)
Long-term loans and advances |
16.364 |
6.183 |
6.102 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
481.363 |
37.087 |
40.072 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
277.760 |
413.681 |
106.647 |
|
(c) Trade
receivables |
836.797 |
818.259 |
520.662 |
|
(d) Cash and
bank balances |
2451.077 |
1962.596 |
1692.448 |
|
(e)
Short-term loans and advances |
151.780 |
147.255 |
140.263 |
|
(f) Other
current assets |
27.527 |
9.275 |
8.533 |
|
Total
Current Assets |
3744.941 |
3351.066 |
2468.553 |
|
|
|
|
|
|
TOTAL |
4226.304 |
3388.153 |
2508.625 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
12767.613 |
13702.982 |
8369.060 |
|
|
Other Income |
275.383 |
155.882 |
128.762 |
|
|
TOTAL |
13042.996 |
13858.864 |
8497.822 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchases of
Stock-in-Trade |
10254.035 |
11426.098 |
6116.306 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
135.921 |
(307.034) |
77.579 |
|
|
Employee benefit expense |
113.856 |
79.751 |
58.419 |
|
|
Other expenses |
1065.102 |
1226.313 |
1034.122 |
|
|
TOTAL |
11568.914 |
12425.128 |
7286.426 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
1474.082 |
1433.736 |
1211.396 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
19.278 |
39.234 |
39.414 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
1454.804 |
1394.502 |
1171.982 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
7.515 |
3.753 |
3.281 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
1447.289 |
1390.749 |
1168.701 |
|
|
|
|
|
|
|
Less |
TAX |
490.753 |
471.381 |
418.149 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
956.536 |
919.368 |
750.552 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
685.318 |
1344.374 |
336.390 |
|
|
TOTAL EARNINGS |
685.318 |
1344.374 |
336.390 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Components and spare
parts |
7937.954 |
8945.107 |
4861.274 |
|
|
TOTAL IMPORTS |
7937.954 |
8945.107 |
4861.274 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
97.21 |
93.43 |
76.28 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
|
|
|
|
|
Net cash flows from (used in) operations |
1408.520 |
933.877 |
721.596 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
852.745 |
401.197 |
402.960 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
23.92 |
21.80 |
22.71 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
15.26 |
16.75 |
16.07 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
30.15 |
24.86 |
41.75 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
5.31 |
3.47 |
11.36 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
26.31 |
56.09 |
43.20 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.33 |
0.41 |
0.46 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.00 |
0.05 |
0.07 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.50 |
0.71 |
0.88 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.02 |
0.01 |
0.02 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
76.46 |
36.54 |
30.74 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
7.49 |
6.71 |
8.97 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
22.63 |
27.13 |
29.92 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
33.94 |
46.34 |
56.81 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
Current Ratio (Current
Assets / Current Liabilities) |
2.67 |
2.40 |
2.12 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
2.47 |
2.10 |
2.03 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.67 |
0.59 |
0.53 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.00 |
1.02 |
1.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
2.67 |
2.40 |
2.12 |
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 |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
98.400 |
98.400 |
98.400 |
|
Reserves & Surplus |
1222.811 |
1885.435 |
2719.828 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
1321.211 |
1983.835 |
2818.228 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
98.155 |
100.000 |
0.000 |
|
Total
borrowings |
98.155 |
100.000 |
0.000 |
|
Debt/Equity
ratio |
0.074 |
0.050 |
0.000 |
%20LIMITED%20-%20487911%2027-Jan-2018_files/image022.gif)
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
8369.060 |
13702.982 |
12767.613 |
|
|
|
63.734 |
(6.826) |
%20LIMITED%20-%20487911%2027-Jan-2018_files/image024.gif)
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2013 |
31.03.2014 |
31.03.2015 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
8369.060 |
13702.982 |
12767.613 |
|
Profit/ (Loss) |
750.552 |
919.368 |
956.536 |
|
|
8.97% |
6.71% |
7.49% |
%20LIMITED%20-%20487911%2027-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 |
No |
|
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 |
INDEX OF CHARGES
|
CHARGES REGISTERED |
||||||||
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
B25410226 |
10317927 |
INDUSIND BANK LIMITED |
26/09/2011 |
- |
- |
500000000.0 |
CENTENARY BUILDING, 5TH FLOOR,NO. 28, M.G.ROAD,BANGALOREKA560001IN |
|
2 |
C11464468 |
10059121 |
IDBI BANK LIMITED |
30/05/2007 |
19/06/2014 |
- |
2100000000.0 |
NO. 102, SHAKTHI COMFORT TOWERS,K.H. ROAD,BANGALOREKA560027IN |
|
3 |
Z00033933 |
80010239 |
INDUSIND BANK LIMITED. |
22/11/2005 |
29/07/2006 |
- |
500000000.0 |
DU PARC TRINITY, 1ST FLOOR, #17M.G. ROAD,BANGALOREKA560001IN |
|
4 |
Y10302894 |
90200995 |
CANARA BANK |
31/01/2005 |
13/07/2005 |
- |
250000000.0 |
TOWNHALL BRANCHBANGLOREKA560027IN |
|
5 |
Y10300451 |
90198552 |
CANARA BANK |
31/01/2005 |
13/07/2005 |
- |
250000000.0 |
TOWN HALL BRANCHBANGALOREKA560027IN |
|
6 |
Y10301091 |
90199192 |
STATE BANK OF TRAVANCORE |
18/02/1999 |
06/03/2004 |
- |
20000000.0 |
RESIDENCY ROAD BRANCHBANGALOREKAIN |
CHANGE OF ADDRESS:
The Registered address of the company has been shifted from No 4 1st
Floor, Subedar Bazar Road, Indira Nagar, Bangalore, Karnataka, India to the present address.
OPERATIONS
The Company
has reported total revenue of INR 13042.900 million for the current year. The
total revenue came down mainly due to stiff competition, the company is in
process of launching new Karbon brand phones during the year and is expected to
improve the sale during coming years. The Net profit for the year amounted to
INR 956.500 million in the coming years.
FIXED ASSETS:
· Plant and Equipment
·
Furniture and fixtures
· Vehicles
· Motor vehicles
·
Computer equipments
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, 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 63.50 |
|
UK Pound |
1 |
INR 90.92 |
|
Euro |
1 |
INR 79.07 |
INFORMATION DETAILS
|
Information
Gathered by : |
KAM |
|
|
|
|
Analysis Done by
: |
NIY |
|
|
|
|
Report Prepared
by : |
RUP |
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.