|
|
|
MIRA INFORM REPORT
|
Report No. : |
494210 |
|
Report Date : |
05.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
RAPTAKOS BRETT AND COMPANY LIMITED (w.e.f. 07.03.1988) |
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Formerly Known
As : |
RAPTAKOS BRETT AND COMPANY PRIVATE LIMITED |
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Registered
Office : |
253, Dr. Annie Besant Road, Worli Colony P.O., Mumbai- 400030,
Maharashtra |
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Tel. No.: |
91-22-40856025 |
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|
Country : |
India |
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Financials (as
on) : |
31.03.2016 |
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Date of
Incorporation : |
24.04.1930 |
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Com. Reg. No.: |
11-002084 |
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Capital
Investment / Paid-up Capital : |
INR 12.500 Million |
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|
|
|
CIN No.: [Company Identification
No.] |
U52310MH1930PLC002084 |
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IEC No.: [Import-Export Code No.] |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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GSTN : [Goods & Service Tax
Registration No.] |
27AAACR1772R1ZT |
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PAN No.: [Permanent Account No.] |
AACR1772R |
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Legal Form : |
A Closely Held Public Limited Liability Company |
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Line of Business
: |
Subject is engaged in Manufacture and Sale of Pharmaceutical Formulations, Dietetic Specialities and Animal Husbandary. [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+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Maximum Credit Limit : |
USD 25300000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 1930. It is engaged in the
business of manufacturing of healthcare products. As per the Registrar of Companies date of balance sheet (i.e.
financial filed) is shown as 31.03.2017 but documents related to the
financial for the year 31.03.2017 are not available from any sources. For the financial year 2016, the company has healthy operational
activity marked by impressive revenue profile along with satisfactory
profitability. The company possesses strong financial profile marked by sound
networth base and debt free balance sheet. Rating also takes into consideration long operational track record,
diversified business portfolio and experienced management team. Business is active. Payment seems to be regular. 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 |
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High Risk |
C2 |
|
Very High Risk |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
Not Available |
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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 05.03.2018.
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 BY
|
Name : |
Mr. Shashank |
|
Designation : |
General Manager |
|
Contact No.: |
91-9820966348 |
|
Date : |
28.02.2018 |
Tel. No.: 91-22-40856035 Ringing.
LOCATIONS
|
Registered Office : |
253, Dr. Annie Besant Road, Worli Colony P.O., Mumbai- 400030,
Maharashtra |
|
Tel. No.: |
91-22-40856025 / 40856000 |
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Fax No.: |
91-22-40856020 |
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E-Mail : |
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Corporate Office : |
21/A, Mittal Tower, 210, Nariman Point, Mumbai – 400021, Maharashtra,
India |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Suhrud Shantilal Jhaveri |
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Designation : |
Director |
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Address : |
2-B, Patel Sadan 40, Cuffe Pedder Road, Mumbai-400026, Maharashtra, India |
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Date of Birth/Age : |
23.06.1951 |
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Qualification : |
BE |
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Date of Appointment : |
09.09.1996 |
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PAN No.: |
AABPJ5361L |
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DIN No.: |
00048045 |
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Other Directorship:
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||||||||||||||||||||||||||||||||||||
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Name : |
Ms. Indra Girdharlal Durlabhji |
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Designation : |
Director |
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Address : |
Durlabh Niwas, C Scheme, Opposite Bagadia Bhavan, Jaipur-302002, Rajasthan, India |
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Date of Birth/Age : |
18.08.1945 |
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Qualification : |
BA |
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Date of Appointment : |
09.09.1996 |
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PAN No.: |
ACGPD9830R |
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DIN No.: |
00088759 |
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Other Directorship:
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Name : |
Ms. Aruna Kantikumar Kanoria |
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Designation : |
Director |
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Address : |
4 Garden Apts, Worli Sea Face, Mumbai-400025, Maharashtra, India |
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Date of Birth/Age : |
25.07.1947 |
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Qualification : |
BA |
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Date of Appointment : |
02.03.2015 |
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PAN No.: |
AAHPK0713F |
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DIN No.: |
01269673 |
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Other Directorship:
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||||||||||||||||||||||||||||||||||||
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Name : |
Mr. Shashikant Mahadeo Kane |
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Designation : |
Wholetime Director |
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Address : |
A 10 3 Road Floor, Mitradham J B Marg, Parel T T, Mumbai-400012, Maharashtra, India |
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Date of Appointment : |
03.11.2016 |
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DIN No.: |
03141692 |
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KEY EXECUTIVES
|
Name : |
Mr. Shashank |
|
Designation : |
General Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
S. M. Ruia |
|
492 |
|
The Reliance Investment Company Private Limited |
|
124751 |
|
S. S. Jhaveri jointly with Mr. S. M. Ruia |
|
1 |
|
I G. Durlabhji jointly with Mr. S. M. Ruia |
|
1 |
|
Amaysr Trading & Investment Company Private Limited jointly with The Reliance Investment Company Private Limited |
|
1 |
|
Amaysr Trading & Investment Company Private Limited |
|
124712 |
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Amaysr Trading & Investment Company Private Limited jointly with V. M. Hadkar |
|
40 |
|
A. S. Ruia |
|
2 |
|
Total |
|
250000 |
Equity Share Break up (Percentage of Total Equity)
As on 27.09.2017
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
0.20 |
|
Promoter - Bodies
corporate |
99.80 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in Manufacture and Sale of Pharmaceutical Formulations, Dietetic Specialities and Animal Husbandary. [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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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
PRODUCTION STATUS NOT AVAILABLE
GENERAL INFORMATION
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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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Auditors : |
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|
Name : |
M. M. Nissim and Company Chartered Accountants |
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Address : |
Barodawala Mansion, B Wing, 3rd Floor, 81, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra, India |
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PAN N Income-tax PAN of auditor or auditor's firm : |
AAAPM7615D |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Subsidiary company
: [AS ON 31.03.2016] |
Raptakos Brett Test Laboratories Limited, India (U24200MH1980PLC023051) Raptakos Brett UK Limited, United Kingdom |
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|
|
Enterprises which are
owned, or have significant influence of or are partners with Key management
personnel and their relatives : [AS ON 31.03.2016] |
Glamour Tin Industries Private Limited (U99999MH1983PTC029905) |
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|
|
|
Other Related Party
: [AS ON 31.03.2016] |
MRR Charities (Trust) |
CAPITAL STRUCTURE
AFTER 23.06.2016
Authorised Capital : INR 100.000 Million
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
250000 |
Equity Shares |
INR 50/- each |
INR 12.500 Million |
|
|
|
|
|
As on 23.06.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1100000 |
Equity Shares |
INR 50/- each |
INR 55.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
250000 |
Equity Shares |
INR 50/- each |
INR 12.500 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR 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 |
12.500 |
12.500 |
12.500 |
|
(b) Reserves & Surplus |
8859.123 |
7550.879 |
6525.240 |
|
(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 |
8871.623 |
7563.379 |
6537.740 |
|
|
|
|
|
|
(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 |
0.000 |
0.000 |
0.000 |
|
(d) long-term provisions |
182.806 |
172.280 |
134.411 |
|
Total
Non-current Liabilities |
182.806 |
172.280 |
134.411 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
0.000 |
0.000 |
23.324 |
|
(b) Trade payables |
363.520 |
255.443 |
276.810 |
|
(c) Other current liabilities |
199.369 |
118.051 |
101.318 |
|
(d) Short-term provisions |
88.903 |
63.067 |
86.960 |
|
Total
Current Liabilities |
651.792 |
436.561 |
488.412 |
|
|
|
|
|
|
TOTAL |
9706.221 |
8172.220 |
7160.563 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
955.367 |
1031.438 |
697.472 |
|
(ii) Intangible Assets |
1.027 |
0.923 |
11.312 |
|
(iii) Capital work-in-progress |
605.937 |
547.493 |
684.178 |
|
(iv) Intangible assets under
development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
6732.302 |
5264.021 |
4444.284 |
|
(c) Deferred tax assets (net) |
146.063 |
122.981 |
79.039 |
|
(d) Long-term Loan and Advances |
149.469 |
82.795 |
217.270 |
|
(e) Other Non-current assets |
87.811 |
88.497 |
14.881 |
|
Total
Non-Current Assets |
8677.976 |
7138.148 |
6148.436 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
0.000 |
0.000 |
0.000 |
|
(b) Inventories |
605.090 |
526.556 |
446.309 |
|
(c) Trade receivables |
322.532 |
336.351 |
323.213 |
|
(d) Cash and cash equivalents |
8.114 |
38.681 |
76.948 |
|
(e) Short-term loans and
advances |
92.509 |
132.484 |
154.622 |
|
(f) Other current assets |
0.000 |
0.000 |
11.035 |
|
Total
Current Assets |
1028.245 |
1034.072 |
1012.127 |
|
|
|
|
|
|
TOTAL |
9706.221 |
8172.220 |
7160.563 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
4967.597 |
4818.715 |
4433.062 |
|
|
Other Income |
463.647 |
246.640 |
196.465 |
|
|
TOTAL
|
5431.244 |
5065.355 |
4629.527 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
1460.266 |
1515.052 |
1343.669 |
|
|
Purchases of Stock-in-Trade |
49.129 |
51.925 |
86.041 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(71.968) |
13.855 |
(43.206) |
|
|
Employees benefits expense |
692.490 |
631.895 |
559.480 |
|
|
CSR expenditure |
1.100 |
10.610 |
0.000 |
|
|
Other expenses |
1292.571 |
1123.640 |
915.060 |
|
|
TOTAL
|
3423.588 |
3346.977 |
2861.044 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
2007.656 |
1718.378 |
1768.483 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
1.593 |
0.344 |
14.117 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
2006.063 |
1718.034 |
1754.366 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
170.707 |
209.061 |
89.597 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
1835.356 |
1508.973 |
1664.769 |
|
|
|
|
|
|
|
Less |
TAX |
496.918 |
448.842 |
497.101 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER
TAX |
1338.438 |
1060.131 |
1167.668 |
|
|
|
|
|
|
|
Add |
PREVIOUS
YEARS’ BALANCE BROUGHT FORWARD |
6450.074 |
5525.188 |
4499.863 |
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
Transfer to General Reserve |
133.844 |
106.013 |
116.767 |
|
|
Interim Dividend |
0.000 |
21.875 |
0.000 |
|
|
Proposed Dividend |
25.000 |
3.125 |
21.875 |
|
|
Corporate Tax on Dividend |
5.194 |
4.232 |
3.701 |
|
|
Total
|
164.038 |
135.245 |
142.343 |
|
|
|
|
|
|
|
|
Balance
Carried to the B/S |
7624.474 |
6450.074 |
5525.188 |
|
|
|
|
|
|
|
|
EARNINGS
IN FOREIGN CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
374.365 |
390.089 |
NA |
|
|
TOTAL
EARNINGS |
374.365 |
390.089 |
NA |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
41.600 |
51.000 |
NA |
|
|
Capital Goods |
41.593 |
20.922 |
NA |
|
|
TOTAL
IMPORTS |
83.193 |
71.922 |
NA |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (INR) |
5353.75 |
4240.52 |
4671.00 |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
1.840 |
1.486 |
1.739 |
|
Net cash flow from operating activity |
1.222 |
0.867 |
1.072 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
23.70 |
25.48 |
26.61 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
15.40 |
14.33 |
13.72 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
87.91 |
59.50 |
70.67 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
3.32 |
3.26 |
3.96 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
1.29 |
1.09 |
1.27 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.07 |
0.05 |
0.07 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.07 |
0.06 |
0.07 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.18 |
0.21 |
0.21 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
1260.30 |
4995.28 |
125.27 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
26.94 |
22.00 |
26.34 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
13.79 |
12.97 |
16.31 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
15.09 |
14.02 |
17.86 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current Assets / Current Liabilities) |
1.58 |
2.37 |
2.07 |
|
|
|
|
|
|
Quick Ratio ((Current Assets –
Inventories) / Current Liabilities) |
0.65 |
1.16 |
1.16 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.91 |
0.93 |
0.91 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.00 |
0.00 |
1.87 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
1.58 |
2.37 |
2.07 |
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 |
12.500 |
12.500 |
12.500 |
|
Reserves & Surplus |
6525.240 |
7550.879 |
8859.123 |
|
Net worth |
6537.740 |
7563.379 |
8871.623 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
23.324 |
0.000 |
0.000 |
|
Total borrowings |
23.324 |
0.000 |
0.000 |
|
Debt/Equity ratio |
0.004 |
0.000 |
0.000 |
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 |
4433.062 |
4818.715 |
4967.597 |
|
|
|
8.699 |
3.090 |
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 |
4433.062 |
4818.715 |
4967.597 |
|
Profit |
1167.668 |
1060.131 |
1338.438 |
|
|
26.34% |
22.00% |
26.94% |
ABRIDGED BALANCE SHEET (CONSOLIDATED)
|
SOURCES
OF FUNDS |
|
|
31.03.2015 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
|
12.500 |
|
(b) Reserves & Surplus |
|
|
7579.676 |
|
(c) Money received against
share warrants |
|
|
0.000 |
|
|
|
|
|
|
(2) Share Application money
pending allotment |
|
|
0.000 |
|
Total
Shareholders’ Funds |
|
|
7592.176 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
|
74.491 |
|
(b) Deferred tax liabilities
(Net) |
|
|
0.000 |
|
(c) Other long term
liabilities |
|
|
0.000 |
|
(d) long-term provisions |
|
|
174.693 |
|
Total
Non-current Liabilities |
|
|
249.184 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
|
0.000 |
|
(b) Trade payables |
|
|
234.696 |
|
(c) Other current liabilities |
|
|
127.622 |
|
(d) Short-term provisions |
|
|
65.606 |
|
Total
Current Liabilities |
|
|
427.924 |
|
|
|
|
|
|
TOTAL |
|
|
8269.284 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
|
1218.919 |
|
(ii) Intangible Assets |
|
|
0.923 |
|
(iii) Capital work-in-progress |
|
|
547.493 |
|
(iv) Intangible assets under
development |
|
|
0.000 |
|
(b) Non-current Investments |
|
|
5110.201 |
|
(c) Deferred tax assets (net) |
|
|
124.516 |
|
(d) Long-term Loan and Advances |
|
|
83.764 |
|
(e) Other Non-current assets |
|
|
88.499 |
|
Total
Non-Current Assets |
|
|
7174.315 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
|
0.000 |
|
(b) Inventories |
|
|
526.556 |
|
(c) Trade receivables |
|
|
338.638 |
|
(d) Cash and cash equivalents |
|
|
45.401 |
|
(e) Short-term loans and
advances |
|
|
180.510 |
|
(f) Other current assets |
|
|
3.864 |
|
Total
Current Assets |
|
|
1094.969 |
|
|
|
|
|
|
TOTAL |
|
|
8269.284 |
PROFIT & LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
|
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
|
|
4830.723 |
|
|
Other Income |
|
|
244.773 |
|
|
TOTAL
|
|
|
5075.496 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
|
|
1517.310 |
|
|
Purchases of Stock-in-Trade |
|
|
51.925 |
|
|
Changes in inventories of finished
goods, work-in-progress and Stock-in-Trade |
|
|
13.855 |
|
|
Employees benefits expense |
|
|
642.535 |
|
|
Other expenses |
|
|
1112.732 |
|
|
TOTAL
|
|
|
3338.357 |
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX, DEPRECIATION
AND AMORTISATION |
|
|
1737.139 |
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
|
2.853 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
|
1734.286 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
|
|
212.852 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
|
1521.434 |
|
|
|
|
|
|
|
Less |
TAX |
|
|
452.072 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
|
1069.362 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (INR) |
|
|
4277.45 |
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 |
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 |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
No |
|
21 |
Banking facility details |
No |
|
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 |
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 |
PERFORMANCE:
The Company recorded a Net Sales of INR 5255.203 Million during the year as compared to INR 5090.632 Million in the previous year with a total income increased to INR 5431.244 Million as against INR 5065.355 Million for the previous year.
The operations of the company have resulted in profit before tax for the year of INR 1835.356 Million as against INR 1508.973 Million for the previous financial year. After providing INR 496.918 Million towards taxation there is a net profit of INR 1338.438 Million for the year as against INR 1060.131 Million for the previous financial year.
NATURE OF OPERATIONS
Raptakos, Brett and Company Limited is primarily engaged in manufacture and sale of Pharmaceutical formulations, dietetic specialities and Animal Husbandary. The company presently has manufacturing facilities in Thane, Chennai, Roha, Alwar and Dahej and has an extensive distribution network comprising 22 branches across India.
INDEX
OF CHARGES:
|
Charges Registered |
||||||||
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
Y10316235 |
90214336 |
09/03/1988 |
- |
- |
1800000.0 |
CAWASJI STFORTBOMBAYMHIN |
|
|
2 |
Y10316232 |
90214333 |
11/02/1988 |
- |
19/08/1999 |
1500000.0 |
TAMARIND LANEBOMBAYMH400023IN |
|
CONTINGENT LIABILITIES:
(INR in million)
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
|
Excise Duty |
25.490 |
25.521 |
|
Sales Tax |
324.962 |
326.363 |
|
Various demands by workers pending with labour authorities |
10.854 |
22.729 |
|
Employees' State Insurance |
53.600 |
48.700 |
|
TOTAL |
414.906 |
423.313 |
FIXED ASSETS
· Land
· Buildings
· Plant and Equipment
· Furniture and Fixtures
· Vehicles
· Office Equipment
· Computer Equipments
· Livestock
· Computer Software
· Commercial Contractual Rights
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 65.23 |
|
|
1 |
INR 89.71 |
|
Euro |
1 |
INR 79.50 |
INFORMATION DETAILS
|
Information
Gathered by : |
SHA |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
JYO |
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.