|
|
|
MIRA INFORM REPORT
|
Report No. : |
512531 |
|
Report Date : |
01.06.2018 |
IDENTIFICATION DETAILS
|
Name : |
CALPRO SPECIALITIES PRIVATE LIMITED [w.e.f.24.10.2017] |
|
|
|
|
Formerly Known
As : |
CALPRO FOODS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Plot No 17, First Floor, Road No H-8, DLF City Phase-I,
Gurugram – 122002, Haryana |
|
Tel. No.: |
91-11-45516162/ 63/ 41418600 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
04.01.1989 |
|
|
|
|
Com. Reg. No.: |
05-045037 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 14.567
Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U74899HR1989PTC045037 |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACC2529H |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturing
and Trading of Food Chemical and Ingredients. [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 220000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is an established company incorporated in the year 1989 having
satisfactory track record. For the financial year ended 2017, the company has witnessed a growth
in its revenue and has achieved fair profit margin at 1.68% [approx.]. The company possesses an acceptable financial profile marked by sound
networth base along with favourable gap between trade payables to its trade
receivables. The company also derives strength from its long standing track record
of business operations. However, the rating strength is partially offset by excess of
borrowings recorded by the company. Trade relations are reported as fair. Business is active. Payment
terms are seems to be slow but correct. 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 (30.09.2017) |
Current Rating (31.12.2017) |
|
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
31-03-2018.
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 01.06.2018
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
[CONTACT NO.: 91-11-46424400]
LOCATIONS
|
Registered Office : |
Plot No 17, First Floor, Road No H-8, DLF City Phase-I,
Gurugram – 122002, Haryana, India |
|
Tel. No.: |
91-11-45516162/ 63/ 46424400 |
|
Fax No.: |
91-11-45588315 |
|
E-Mail : |
|
|
Website: |
|
|
|
|
|
Head Office : |
A-5, Saraswati House, Naraina Industrial Area, Phase-II, New Delhi - 110028, India |
|
Tel. No.: |
91-11-46424400 |
|
|
|
|
Factory : |
Village Udakha, Tehshil – NUH, District Mewat, Sohna, Haryana, India |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Arun Kumar Agrawal |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
6 B/2 N.E.A. Old Rajendra Nagar, New Delhi – 110060, India
|
||||||||||||||||||||
|
Date of Birth/Age : |
15.05.1946 |
||||||||||||||||||||
|
Date of Appointment : |
04.01.1989 |
||||||||||||||||||||
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DIN No.: |
00249672 |
||||||||||||||||||||
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Other Directorship:
|
|||||||||||||||||||||
|
|
|
||||||||||||||||||||
|
Name : |
Mr. Ayush Agrawal |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
6 B/2 N.E.A. Old Rajendra Nagar, New Delhi – 110060, India
|
||||||||||||||||||||
|
Date of Birth/Age : |
04.02.1980 |
||||||||||||||||||||
|
Date of Appointment : |
22.02.2008 |
||||||||||||||||||||
|
DIN No.: |
01358588 |
||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||
|
|
|
||||||||||||||||||||
|
Name : |
Mr. Saroj Agrawal |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
6 B/2 N.E.A. Old Rajendra Nagar, New Delhi – 110060, India
|
||||||||||||||||||||
|
Date of Birth/Age : |
28.12.1948 |
||||||||||||||||||||
|
Date of Appointment : |
07.05.1993 |
||||||||||||||||||||
|
DIN No.: |
01358590 |
||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||
|
|
|
||||||||||||||||||||
|
Name : |
Mr. Amit Agrawal |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
6 B/2 N.E.A. Old Rajendra Nagar, New Delhi – 110060, India
|
||||||||||||||||||||
|
Date of Birth/Age : |
15.05.1971 |
||||||||||||||||||||
|
Date of Appointment : |
15.11.1994 |
||||||||||||||||||||
|
DIN No.: |
01358591 |
||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Arun Kumar Agrawal |
|
20306 |
|
Saroj Agrawal |
|
7350 |
|
Amit Agrawal |
|
10044 |
|
Aditi Agrawal |
|
5188 |
|
Annu Pachisa |
|
1412 |
|
Saraswati Offset Printers Private Limited, India |
|
4688 |
|
Saraswati Packag. Ind. Private Limited, India |
|
22000 |
|
Trust Well Trading Co. Private Limited, India |
|
28300 |
|
Ayush Agarwal |
|
25180 |
|
S.K Jain |
|
3200 |
|
Renu Jain |
|
2400 |
|
Reshma Oversea Limited, India |
|
3200 |
|
Reshma Surana |
|
3200 |
|
Ravindra Jain |
|
3200 |
|
Rubi Creation Private Limited, India |
|
8000 |
|
|
|
|
|
Total |
|
147668 |
AS ON 30.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters – Individual/ Hindu Undivided Family – Indian |
47.05 |
|
Promoters – Body Corporate |
37.24 |
|
Public/Other than promoters – Individual/ Hindu Undivided
Family – Indian |
8.13 |
|
Public/Other than promoters - Body Corporate |
7.58 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Manufacturing
and Trading of Food Chemical and Ingredients. [Registered Activity] |
||||
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|
||||
|
Products : |
|
||||
|
|
|
||||
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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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|
||||
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Exports : |
Not Divulged |
||||
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|
||||
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Imports : |
Not Divulged |
||||
|
|
|
||||
|
Terms : |
|
||||
|
Selling : |
Not Divulged |
||||
|
|
|
||||
|
Purchasing : |
Not Divulged |
PRODUCTION STATUS (AS ON 31.03.2017)
|
Particulars |
Unit |
Licensed
Capacity |
Installed
Capacity |
Actual
Production |
|
|
|
|
|
|
|
Calcium Propionate |
Kgs. [Per Annum] |
NA |
700000 |
484329 |
GENERAL INFORMATION
|
Suppliers : |
· Lactalis Ingredients · A-One Electronics · Dolphin Logistics India · Ashish Goyal · Galaxy Logistics · M.P. Impex · Akash Transport · R.K. Engineering |
||||||||||||||||||||||||||||||||||||||||||
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|
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Customers : |
· A.S. Corporation · Arihant Traders · Britannia Industries Limited · Core Nutri Life · Foodcoast International · Helicon Foods · Kag Industries · Meenakshi Agency |
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|
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No. of Employees : |
Not Divulged |
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|
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Bankers : |
· SIDBI Videocon Tower, Ground Floor, E-1, Rani Jhansi Road, Jhandewalan Extension, New Delhi – 110055, India · Kotak Mahindra Bank Limited 27 BKC, C 27, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400051, Maharashtra, India · Oriental Bank of Commerce |
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|
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Facilities : |
|
|
|
|
|
Auditors : |
|
|
Name : |
P.D. Mittal and Company Chartered Accountants |
|
Address : |
Mittal Bhawan 70 Darya Ganj, New Delhi 110002, India |
|
Tel. No.: |
91-11-65169313 |
|
Mob. No.: |
91-9891349865 |
|
PAN No.: |
AAGFP0579D |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Enterprises/
Associates over which management personnel and their relatives are able to
exercise significant influence : |
· Calpro Food Essentials Private Limited · Saraswati Packaging Industries Private Limited · Trustwell Trading Co. Private Limited · Saraswati Offset Printers Private Limited |
CAPITAL STRUCTURE
AS ON 30.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
175000 |
Equity Shares |
INR 100/- each |
INR 17.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
147668 |
Equity Shares |
INR 100/- each |
INR 14.767
Million |
|
|
|
|
|
AS ON 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
175000 |
Equity Shares |
INR 100/- each |
INR 17.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
139668 |
Equity Shares |
INR 100/- each |
INR 13.967
Million |
|
8000 |
Equity Shares |
INR 75/- each |
INR 0.600
Million |
|
|
|
|
|
|
|
Total |
|
INR 14.567 Million |
FINANCIAL DATA
[all figures are
in 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 |
14.567 |
14.567 |
14.567 |
|
(b) Reserves & Surplus |
62.827 |
51.679 |
35.631 |
|
(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) |
77.394 |
66.246 |
50.198 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
34.225 |
49.072 |
42.730 |
|
(b) Deferred tax liabilities (Net) |
0.343 |
0.352 |
0.434 |
|
(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) |
34.568 |
49.424 |
43.164 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
135.738 |
147.918 |
102.906 |
|
(b)
Trade payables |
44.616 |
31.719 |
21.093 |
|
(c)
Other current liabilities |
0.942 |
0.487 |
0.763 |
|
(d)
Short-term provisions |
12.239 |
5.705 |
4.715 |
|
Total
Current Liabilities (4) |
193.535 |
185.829 |
129.477 |
|
|
|
|
|
|
TOTAL |
305.497 |
301.499 |
222.839 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
77.614 |
62.003 |
50.832 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan
and Advances |
1.961 |
2.055 |
1.563 |
|
(e)
Other Non-current assets |
1.270 |
1.270 |
1.270 |
|
Total
Non-Current Assets |
80.845 |
65.328 |
53.665 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
79.635 |
98.001 |
70.373 |
|
(c)
Trade receivables |
84.459 |
69.198 |
53.095 |
|
(d)
Cash and cash equivalents |
23.175 |
46.034 |
28.413 |
|
(e)
Short-term loans and advances |
37.383 |
22.938 |
17.293 |
|
(f)
Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
224.652 |
236.171 |
169.174 |
|
|
|
|
|
|
TOTAL |
305.497 |
301.499 |
222.839 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
660.195 |
467.229 |
430.207 |
|
|
|
Other Income |
2.196 |
0.745 |
0.353 |
|
|
|
TOTAL (A) |
662.391 |
467.974 |
430.560 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
47.271 |
46.107 |
45.969 |
|
|
|
Purchases of Stock-in-Trade |
518.193 |
392.418 |
334.518 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
19.915 |
(33.110) |
(1.249) |
|
|
|
Employees benefits expense |
18.899 |
12.452 |
8.130 |
|
|
|
Other expenses |
24.628 |
25.889 |
22.408 |
|
|
|
TOTAL (B) |
628.906 |
443.756 |
409.776 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION (A-B) (C) |
33.485 |
24.218 |
20.784 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES (D) |
14.752 |
15.730 |
13.380 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION (C-D) (E) |
18.733 |
8.488 |
7.404 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION (F) |
2.458 |
3.145 |
3.059 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX (E-F) (G) |
16.275 |
5.343 |
4.345 |
|
|
|
|
|
|
|
|
|
Less |
TAX (H) |
5.126 |
1.886 |
1.957 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
(G-H) (I) |
11.149 |
3.457 |
2.388 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (INR) |
76.53 |
23.73 |
17.80 |
|
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 |
NA |
NA |
NA |
|
|
|
|
|
|
Net Cash Flow From Operating Activities |
35.436 |
(31.313) |
(0.794) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
46.69 |
54.06 |
45.05 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
7.82 |
6.75 |
8.10 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
28.80 |
26.40 |
20.23 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.42 |
0.25 |
0.30 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.43 |
0.39 |
0.41 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.75 |
0.78 |
0.77 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
2.20 |
2.97 |
2.90 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
2.50 |
2.81 |
2.58 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
1.00 |
0.94 |
1.01 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
2.27 |
1.54 |
1.55 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
1.69 |
0.74 |
0.56 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
3.65 |
1.15 |
1.07 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
14.41 |
5.22 |
4.76 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.16 |
1.27 |
1.31 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.75 |
0.74 |
0.76 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.25 |
0.22 |
0.23 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
11.67 |
13.52 |
10.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.16 |
1.27 |
1.31 |
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
|
Particulars |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
14.567 |
14.567 |
14.567 |
|
Reserves & Surplus |
35.631 |
51.679 |
62.827 |
|
Money received against share warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
50.198 |
66.246 |
77.394 |
|
|
|
|
|
|
Long-term borrowings |
42.730 |
49.072 |
34.225 |
|
Short term borrowings |
102.906 |
147.918 |
135.738 |
|
Total
borrowings |
145.636 |
196.990 |
169.963 |
|
Debt/Equity ratio |
2.901 |
2.974 |
2.196 |
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 |
430.207 |
467.229 |
660.195 |
|
|
|
8.606 |
41.300 |
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 |
430.207 |
467.229 |
660.195 |
|
Profit |
2.388 |
3.457 |
11.149 |
|
|
0.56% |
0.74% |
1.69% |
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 |
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
|
CHARGES REGISTERED |
||||||||
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G73564833 |
100147069 |
SIDBI |
26/12/2017 |
- |
- |
5000000.0 |
VIDEOCON TOWER, GROUND FLOORE-1, RANI JHANSI ROAD, JHANDEWALAN EXTENSIONNEW DELHIDL110055IN |
|
2 |
G29340999 |
100066407 |
KOTAK MAHINDRA BANK LIMITED |
26/09/2016 |
- |
- |
211800000.0 |
27BKC, C 27, G BLOCKBANDRA KURLA COMPLEX, BANDRA (E),MUMBAIMA400051IN |
|
3 |
C34998641 |
90037206 |
ORIENTAL BANK OF COMMERCE |
02/04/2002 |
01/11/2014 |
- |
144350000.0 |
OLD RAJINDER NAGAR MARKETNEW DELHIDL110060IN |
|
4 |
G34128124 |
10136256 |
ORIENTAL BANK OF COMMERCE |
15/11/2008 |
01/07/2013 |
17/01/2017 |
27750000.0 |
OLD RAJINDER NAGARNEW DELHIDL110020IN |
|
5 |
G34127696 |
10116016 |
ORIENTAL BANK OF COMMERCE |
17/07/2008 |
27/11/2012 |
17/01/2017 |
15800000.0 |
104, OLD RAJENDRA NAGAR MARKETNEW DELHIDL110060IN |
|
6 |
G35536812 |
10075346 |
ORIENTAL BANK OF COMMERCE |
12/10/2007 |
- |
17/01/2017 |
6972000.0 |
OLD RAJINDER NAGARNEW DELHIDL110060IN |
|
7 |
G34128371 |
90037214 |
ORIENTAL BANK OF COMMERCE |
08/04/2002 |
11/08/2005 |
17/01/2017 |
20700000.0 |
B/O OLD RAJINDER NAGARNEW DELHIDL110060IN |
|
8 |
G34698084 |
100035208 |
ORIENTAL BANK OF COMMERCE |
13/05/2016 |
- |
17/01/2017 |
7000000.0 |
B/O, OLD RAJINDER NAGARNEW DELHINEW DELHIDL110060IN |
|
9 |
G32279291 |
10451009 |
ICICI BANK LIMITED |
30/09/2013 |
- |
07/12/2016 |
8000000.0 |
LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN |
|
10 |
G32351538 |
10357450 |
ICICI BANK LIMITED |
30/05/2012 |
- |
07/12/2016 |
26634000.0 |
LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN |
UNSECURED LOANS
|
PARTICULARS |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
LONG-TERM BORROWINGS |
|
|
|
Loans from Directors and relatives |
8.371 |
19.010 |
|
|
|
|
|
Total |
8.371 |
19.010 |
FIXED ASSETS:
· Land
· Building
· Generator
· Electrical Installation and Fittings
· Coffee Machine
· Plant and Machinery
· Furniture and Fixtures
· Lab Equipment
· Fax Machinery
· Vehicles
· Computers
· Air Conditioner
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No available
information exist that suggest that subject or any of its principals have been
formally charged or convicted by a competent governmental authority for any
financial crime or under any formal investigation by a competent government
authority for any violation of anti-corruption laws or international anti-money
laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.45 |
|
UK Pound |
1 |
INR 89.79 |
|
Euro |
1 |
INR 78.79 |
INFORMATION DETAILS
|
Information
Gathered by : |
SHI |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
BVA |
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.