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MIRA INFORM REPORT
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Report No. : |
496093 |
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Report Date : |
07.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
AMBUJA INTERMEDIATES PRIVATE LIMITED (w.e.f.
07.06.2016) |
|
|
|
|
Formerly Known
As : |
AMBUJA INTERMEDIATES LIMITED (w.e.f. 19.09.2011) AMBUJA INTERMEDIATES PRIVATE LIMITED AMBUJA INTERMEDIATE PRODUCTS PRIVATE LIMITED |
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Registered
Office : |
4D Square, 3rd Floor, Office No: 10-11-12-13, Opposite IIT Engineering College, Visat – Gandhinagar Highway, Motera, Sabarmati, Ahmedabad - 380005, Gujarat |
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Tel. No.: |
91-79-40147777 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
10.08.1988 |
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Com. Reg. No.: |
04-011091 |
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Capital
Investment / Paid-up Capital : |
INR 123.250 Million |
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CIN No.: [Company Identification
No.] |
U24231GJ1988PTC011091 |
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IEC No.: [Import-Export Code No.] |
0891004289 |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AACCA1236B |
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GSTN : [Goods & Service Tax
Registration No.] |
24AACCA1236B1ZK |
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Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
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No. of Employees
: |
350+ (Approximately) |
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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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 1988. The company is engaged in
the manufacturing of intermediates dyestuff and pigments. As per the financial records of 2017, the company has achieved a fair
profitability margin of 12.08% but has reported a decline in its revenue as
compared to the previous year’s revenue. The sound financial position of the company is marked by strong
networth base along with negligible debt level and favorable liquidity
position. Business is active. Payment seems to be regular. In view of aforesaid, the company can be considered good for normal
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.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
CARE |
|
Rating |
Long term loans =
A- |
|
Rating Explanation |
Adequate degree of safety and low credit risk. |
|
Date |
26.12.2017 |
|
Rating Agency Name |
CARE |
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Rating |
Short term loans =
A2+ |
|
Rating Explanation |
Strong degree of
safety and low credit risk. |
|
Date |
26.12.2017 |
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 07.03.2018
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 PARTED BY (GENERAL DETAILS)
|
Name : |
Mr. H. R. Shah |
|
Designation : |
Business Development Manager |
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Contact No.: |
91-79-40147777 |
|
Date : |
05.03.2018 |
LOCATIONS
|
Registered Office : |
4D Square, 3rd Floor Office No: 10-11-12-13, Opposite IIT Engineering College, Visat – Gandhinagar Highway, Motera, Sabarmati, Ahmedabad - 380005, Gujarat, India |
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Tel. No.: |
91-79-40147777 |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Location : |
Owned |
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Locality: |
Commercial |
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Corporate Office : |
C.J House, Old Apsara Cinema, Building, 4th Floor, Lamington Road, Grant Road (East), Mumbai – 400007, Maharashtra, India |
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Tel. No.: |
91-22-42127777 |
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Fax No.: |
91-22-42127711 |
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E-Mail : |
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Unit 1,2,3,4 : |
Survey No.:1152, Chhatral – Mehsana State Highway, Village Rajpur, Kadi, Mehsana -382740, Gujarat, India |
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Tel. No.: |
91-2764-278330/ 278331 |
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Fax No.: |
91-2764-278415 |
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E-Mail : |
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Dyestuff Unit : |
Plot No. 41, G.I.D.C. Vatva, Ahmedabad - 382440, Gujarat, India |
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Tel. No.: |
91-79-40084852 / 3 |
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Fax No.: |
91-79-25892541 |
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E-Mail : |
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Branch Office: |
133, Bhandari Street, Null Bazar, Mumbai – 400004, Maharashtra, India |
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Tel. No.: |
91-22-23867792 / 23857141 / 23824143 |
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Fax No.: |
91-22-23809797 |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Dineshkumar Ramanlal Shah |
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Designation : |
Whole-Time Director |
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Address : |
Bunglow No.- 7, Nalanda C.H.S.L. Near Sthanakvasi Society Usmanpura, Ahmedabad -380014, Gujarat, India |
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Date of Appointment : |
01.10.2014 |
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PAN No.: |
AAIPS9087M |
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DIN No.: |
00137409 |
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Name : |
Mr. Mahendrabhai Mohanlal Patel |
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Designation : |
Whole-Time Director |
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Address : |
Plot 2P LS 492B, Near Chidanand Plots, Near Pushpak Bunglows, Vill:Ambli, Tal: Dask Roi, Ahmedabad- 380058 , Gujarat, India |
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Date of Birth/Age : |
22.12.1956 |
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Date of Appointment : |
19.11.1999 |
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PAN No.: |
AAWPP5699Q |
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DIN No.: |
00137602 |
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Name : |
Mr. Naresh Jivraj Shah |
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Designation : |
Whole-Time Director |
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Address : |
B-36/37, Mahendale CHS, 202/223, V P Road, Mumbai - 400004, Maharashtra, India |
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Date of Appointment : |
01.10.2014 |
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DIN No.: |
00144592 |
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PAN No.: |
AAIPS9113J |
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Name : |
Mr. Harinderpal Singh Kochar |
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Designation : |
Director |
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Address : |
B-8-61, Goyal Intercity, Drive In Road, Ahmedabad - 380054, Gujarat, India |
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Date of Birth/Age : |
06.08.1953 |
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Date of Appointment : |
19.09.2011 |
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DIN No.: |
03609845 |
KEY EXECUTIVES
|
Name : |
Mr. Harakhchand Ramanlal Shah |
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Designation : |
Chief Financial Officer |
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Address : |
3,4 Ambalal Park, Near Parasmani Society, Jawahar Chawk, Sabarmati Ahmedabad - 380005, Gujarat, India |
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Date of Appointment : |
21.08.2015 |
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PAN No.: |
AAIPS9112K |
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|
Name : |
Mr. H. R. Shah |
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Designation : |
Business Development Manager |
MAJOR SHAREHOLDERS
AS ON 31.03.2017
SHAREHOLDERS DETAILS FILE ATTACH
Equity Share Break up (Percentage of Total Equity)
AS ON 15.09.2017
|
Category |
Percentage |
|
Promoters- (Individual/Hindu Undivided Family- Indian) |
97.65 |
|
Promoters – (Body corporate) |
2.35 |
|
Total |
100.00 |
BUSINESS DETAILS
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Line of Business : |
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Products / Services
: |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
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Products : |
Intermediates dyestuff and pigments |
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Countries : |
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Imports : |
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Products : |
Raw Material |
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Countries : |
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Terms : |
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Selling : |
L/C, and Credit (60 / 90 Days) |
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Purchasing : |
L/C, and Credit (60 / 90 Days) |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
350+ (Approximately) |
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Bankers : |
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Facilities : |
(INR
In Million)
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Auditors : |
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Name : |
Shah Kantilal and Company Chartered Accountants |
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Address : |
806, Mauryansh Elanza, Near Shyamal Cross Roads, Satellite, Ahmedabad, Gujarat, India |
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PAN No.: |
AAMFS3865K |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Subsidiaries : |
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CAPITAL STRUCTURE
AS ON 15.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
20000000 |
Equity Shares |
INR 10/- each |
INR 200.000 Million |
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Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
12325000 |
Equity Shares |
INR 10/- each |
INR 123.250 Million |
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FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET (STANDALONE)
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
123.250 |
123.250 |
123.250 |
|
(b) Reserves and Surplus |
1999.262 |
1697.080 |
1298.637 |
|
(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) |
2122.512 |
1820.330 |
1421.887 |
|
|
|
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(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
7.128 |
20.108 |
37.171 |
|
(b) Deferred tax liabilities (Net) |
40.759 |
44.436 |
50.740 |
|
(c) Other long-term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
18.687 |
15.069 |
6.897 |
|
Total Non-current
Liabilities (3) |
66.574 |
79.613 |
94.808 |
|
|
|
|
|
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(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
573.742 |
500.678 |
427.182 |
|
(b) Trade
payables |
206.413 |
204.899 |
218.785 |
|
(c) Other
current liabilities |
12.962 |
21.389 |
19.787 |
|
(d) Short-term
provisions |
79.021 |
98.258 |
220.022 |
|
Total Current
Liabilities (4) |
872.138 |
825.224 |
885.776 |
|
|
|
|
|
|
TOTAL |
3061.224 |
2725.167 |
2402.471 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
408.807 |
389.014 |
377.676 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Tangible assets capital
work-in-progress |
3.946 |
7.877 |
24.167 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
26.854 |
26.706 |
26.706 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
106.204 |
79.025 |
79.193 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
545.811 |
502.622 |
507.742 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
213.986 |
198.238 |
232.318 |
|
(c) Trade
receivables |
642.808 |
663.820 |
744.567 |
|
(d) Cash and
bank balances |
38.975 |
12.264 |
13.510 |
|
(e)
Short-term loans and advances |
1619.644 |
1348.223 |
904.334 |
|
(f) Other current
assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
2515.413 |
2222.545 |
1894.729 |
|
|
|
|
|
|
TOTAL |
3061.224 |
2725.167 |
2402.471 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
2501.294 |
3129.101 |
3496.362 |
|
|
Other Income |
175.332 |
128.517 |
61.049 |
|
|
TOTAL |
2676.626 |
3257.618 |
3557.411 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials Consumed |
1462.386 |
1881.161 |
1748.227 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(23.435) |
12.270 |
26.662 |
|
|
Employee benefit expense |
164.352 |
133.986 |
93.151 |
|
|
CSR expenditure |
11.216 |
1.164 |
0.949 |
|
|
Other expenses |
503.080 |
508.500 |
561.478 |
|
|
TOTAL |
2117.599 |
2537.081 |
2430.467 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
559.027 |
720.537 |
1126.944 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
53.129 |
51.648 |
47.390 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND
AMORTISATION |
505.898 |
668.889 |
1079.554 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
50.522 |
56.018 |
60.796 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
455.376 |
612.871 |
1018.758 |
|
|
|
|
|
|
|
Less |
TAX |
153.194 |
214.428 |
347.736 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
302.182 |
398.443 |
671.022 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
1374.987 |
2030.442 |
1660.355 |
|
|
TOTAL EARNINGS |
1374.987 |
2030.442 |
1660.355 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
200.067 |
228.090 |
245.207 |
|
|
TOTAL IMPORTS |
200.067 |
228.090 |
245.207 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
24.52 |
32.33 |
54.44 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
12.960 |
17.122 |
19.762 |
|
Net cash flows from (used in) operations |
272.798 |
389.487 |
453.843 |
|
Net cash flows from (used in) operating activities |
272.798 |
389.487 |
453.843 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
93.80 |
77.43 |
77.73 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
3.89 |
4.71 |
4.70 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
51.52 |
39.76 |
45.68 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
2.61 |
3.63 |
4.85 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
1.35 |
1.82 |
2.80 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.29 |
0.32 |
0.39 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability /
Networth) |
0.28 |
0.30 |
0.34 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.41 |
0.45 |
0.62 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.19 |
0.22 |
0.28 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
10.52 |
13.95 |
23.78 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
12.08 |
12.73 |
19.19 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
9.87 |
14.62 |
27.93 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
14.24 |
21.89 |
47.19 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
2.88 |
2.69 |
2.14 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
2.64 |
2.45 |
1.88 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.69 |
0.67 |
0.59 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
4.82 |
4.36 |
3.93 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
2.88 |
2.69 |
2.14 |
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 |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Share Capital |
123.250 |
123.250 |
123.250 |
|
Reserves & Surplus |
1298.637 |
1697.080 |
1999.262 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
1421.887 |
1820.330 |
2122.512 |
|
|
|
|
|
|
Long-term borrowings |
37.171 |
20.108 |
7.128 |
|
Short term borrowings |
427.182 |
500.678 |
573.742 |
|
Current maturities of
long-term debts |
19.762 |
17.122 |
12.960 |
|
Total
borrowings |
484.115 |
537.908 |
593.830 |
|
Debt/Equity
ratio |
0.340 |
0.296 |
0.280 |
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 |
3496.362 |
3129.101 |
2501.294 |
|
|
0.000 |
(10.504) |
(20.063) |
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 |
3496.362 |
3129.101 |
2501.294 |
|
Profit/ (Loss) |
671.022 |
398.443 |
302.182 |
|
|
19.19
% |
12.73
% |
12.08
% |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
122.670 |
122.670 |
|
(b) Reserves and Surplus |
|
2051.460 |
1736.354 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
|
0.000 |
0.000 |
|
Total Shareholders’
Funds (1) + (2) |
|
2174.130 |
1859.024 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
13.377 |
39.406 |
|
(b) Deferred tax liabilities (Net) |
|
41.255 |
45.440 |
|
(c) Other long-term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
19.845 |
16.114 |
|
Total Non-current
Liabilities (3) |
|
74.477 |
100.960 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
644.671 |
567.786 |
|
(b) Trade
payables |
|
217.043 |
219.801 |
|
(c) Other
current liabilities |
|
15.276 |
23.970 |
|
(d) Short-term
provisions |
|
81.943 |
97.433 |
|
Total Current
Liabilities (4) |
|
958.933 |
908.990 |
|
|
|
|
|
|
TOTAL |
|
3207.540 |
2868.974 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
439.254 |
421.675 |
|
(ii)
Intangible Assets |
|
0.000 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
|
3.946 |
7.877 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.854 |
0.706 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
|
106.583 |
79.405 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
550.637 |
509.663 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
256.817 |
238.932 |
|
(c) Trade
receivables |
|
719.911 |
736.414 |
|
(d) Cash and
bank balances |
|
39.396 |
12.340 |
|
(e)
Short-term loans and advances |
|
1640.779 |
1371.625 |
|
(f) Other
current assets |
|
0.000 |
0.000 |
|
Total
Current Assets |
|
2656.903 |
2359.311 |
|
|
|
|
|
|
TOTAL |
|
3207.540 |
2868.974 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Revenue
from operations |
|
2868.681 |
3514.366 |
|
|
Other Income |
|
176.198 |
127.597 |
|
|
TOTAL |
|
3044.879 |
3641.963 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
1738.122 |
2176.999 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
(22.125) |
14.310 |
|
|
Employee benefit expense |
|
178.335 |
147.789 |
|
|
Other expenses |
|
559.162 |
552.722 |
|
|
TOTAL |
|
2453.494 |
2891.820 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
591.385 |
750.143 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
61.124 |
61.484 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
530.261 |
688.659 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
54.494 |
59.924 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE
TAX |
|
475.767 |
628.735 |
|
|
|
|
|
|
|
Less |
TAX |
|
160.661 |
219.626 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
315.106 |
409.109 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
25.69 |
33.35 |
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 |
Yes |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners / Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
Yes |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
Yes |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
Yes |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
Yes |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
Note: As confirmed by management that the Corporate
Office shifted from “299/303, S.V.P Road, Kanji Bhuvan, 1st Floor,
Mumbai – 400004, Maharashtra India” to “C.J House, Old
Apsara Cinema, Building, 4th Floor, Lamington Road, Grant Road
(East), Mumbai – 400007, Maharashtra, India”
INDEX OF CHARGE:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
G51181972 |
100118008 |
Bank of India |
05/08/2017 |
- |
- |
2500000.0 |
RESIDENT GARDEN FLATSNEAR USMANPURA POST OFFICE, ASHRAM ROAD AHMEDABAD-380013 GUJARAT INDIA |
|
2 |
C61269916 |
10585116 |
Daimler Financial Services India Private Limited |
21/03/2015 |
- |
- |
4000000.0 |
UNIT 202, 2ND FLOOR, CAMPUS 3B,RMZ MILLENNIA BUSINESS PARK, NO.143, DR. M.G.R.ROAD,PERUNGUDI CHENNAI-600096 TAMILNADU, INDIA |
|
3 |
C61274122 |
10585123 |
Daimler Financial Services India Private Limited |
02/02/2015 |
- |
- |
4500000.0 |
UNIT 202, 2ND FLOOR, CAMPUS 3B,RMZ MILLENNIABUSINESS PARK, NO.143, DR. M.G.R.ROAD,PERUNGUDI CHENNAI-600096 TAMILNADU, INDIA |
|
4 |
C04041836 |
10491235 |
BANK OF INDIA |
19/05/2014 |
- |
- |
45000000.0 |
AHMEDABAD MID CORPORATE BRANCH 1ST FLOORBOI BUILDING SWASTIK CROSS ROADS NAVRANGPURA AHMEDABAD-380009 GUJARAT INDIA |
|
5 |
B85076388 |
10449210 |
BANK OF INDIA |
14/09/2013 |
- |
- |
2500000.0 |
VADAJ ROAD BRANCH, RESIDENT GARDEN FLATSNEAR USMANPURA POST OFFICE, ASHRAM ROAD AHMEDABAD-380013 GUJARAT INDIA |
|
6 |
G39043708 |
10290478 |
Bank of India |
24/05/2011 |
22/02/2017 |
- |
845000000.0 |
1ST FLOOR BOI BUILDINGSWASTIK CROSS ROADS C G ROAD NAVRANGPUR AAHMEDABAD-380009 GUJARAT INDIA |
|
7 |
G39043104 |
80034289 |
Bank of India |
11/03/2005 |
22/02/2017 |
- |
845000000.0 |
1ST FLOOR BOI BUILDINGSWASTIK CROSS ROADS C G ROAD NAVRANGPURA AHMEDABAD-380009 GUJARAT INDIA |
|
8 |
B16240582 |
90095433 |
Bank of India |
11/03/2005 |
25/06/2008 |
20/06/2011 |
499500000.0 |
AHMEDABAD CORPORATE BANKING BRANCH, 2ND FLOOR,BOI BUILDING, BHADRA AHMEDABAD-380001 GUJARAT INDIA |
|
9 |
B16239691 |
90095408 |
BANK OF INDIA |
07/10/2004 |
- |
20/06/2011 |
40000000.0 |
AHMEDABAD CORPORATE BANKING BRANCH, 2ND FLOOR,BOI BUILDING, BHADRA AHMEDABAD-380001 GUJARAT INDIA |
|
10 |
B16237133 |
90094746 |
BANK OF INDIA |
18/10/1993 |
21/04/2004 |
20/06/2011 |
8200000.0 |
AHMEDABAD CORPORATE BANKING BRANCH, 2ND FLOOR,BOI BUILDING, BHADRA AHMEDABAD-380001 GUJARAT INDIA |
FIXED ASSETS:
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
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 65.10 |
|
|
1 |
INR 79.59 |
|
Euro |
1 |
INR 90.45 |
INFORMATION DETAILS
|
Information
Gathered by : |
POON |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
RKI |
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 |
YES |
|
--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.