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|
MIRA
INFORM REPORT
|
Report No. : |
497377 |
|
Report Date : |
10.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
UNITED BROTHERS MULTIPLAST LLP |
|
|
|
|
Registered
Office : |
301, Heritage Plaza, A Wing R.S. Maharaj Marg, Telli Galli Cross lane,
Andheri (East), Mumbai – 400069, Maharashtra |
|
Tel. No.: |
91-22-26844612/26822912 |
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|
Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of Establishment
: |
18.02.2015 |
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Total Obligation
of Contribution: |
INR 69.620 Million |
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LLPIN : |
AAD-3941 |
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IEC No.: [Import-Export Code No.] |
Not Available |
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TIN No.: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
Not Available |
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GSTN : [Goods & Service Tax
Registration No.] |
Not Available |
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Legal Form : |
Limited Liability Partnership |
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Line of Business
: |
Trading and Carrying Agency Business in Plastics, Polymers and
Petrochem Products. (Registered activity) |
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No. of Employees
: |
Not Available |
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 |
|
Status : |
Satisfactory |
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Payment Behaviour : |
Usually correct |
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Litigation : |
Clear |
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Comments : |
Subject is a limited liability partnership firm started in the year
2015 and it is having satisfactory track records. For the financial year 2017, the firm has increased its revenue from
operation and maintained healthy profitability margin of 31.67%. Rating takes into consideration firm’s sound financial profile marked
by adequate capital base along with average debt balance sheet. The firm also derives strength from its healthy improvement in revenue
as well as profitability profile. Trade relations are reported as fair. Business is active. Payments
terms are reported to be usually correct. In view of aforesaid, the firm can be considered for business dealings
at usual trade terms and condition. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
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 |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
Not Available |
|
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 10.03.2018
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.
LOCATIONS
|
Registered Office : |
301, Heritage Plaza, A Wing R.S. Maharaj Marg, Telli Galli Cross Lane,
Andheri (East), Mumbai – 400069, Maharashtra, India |
|
Tel. No.: |
91-22-26844612 / 26822912 |
|
Fax No.: |
91-22-26822914 |
|
E-Mail : |
|
|
Website : |
PARTNERS
As on 31.03.2016
|
Name : |
Mr. Prashant Harshadrai Valia |
||||||||||||
|
Designation : |
Designated Partner |
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Address : |
Harshjyot 13 Vithalnagar Society, N S Road No. 10 JVPD Scheme, Vile Parle (West), Mumbai – 400049, Maharashtra, India |
||||||||||||
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Date of Birth/Age : |
12.10.1958 |
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Date of Appointment : |
18.02.2015 |
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DPIN No.: |
00147909 |
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Other Directorship:
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|
Name : |
Mr. Valia Siddhant Prashant |
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|
Designation : |
Designated Partner |
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|
Address : |
Harshjyot 13 Vithalnagar Society, N S Road No. 10 JVPD Scheme, Vile Parle (West), Mumbai – 400049, Maharashtra, India |
||||||||||||
|
Date of Appointment : |
15.01.2016 |
||||||||||||
|
DPIN No.: |
07395611 |
||||||||||||
CONTRIBUTION DETAILS
As on 31.03.2017
|
Names of Persons |
INR in Million |
|
Prashant Harshadrai Valia |
0.450 |
|
Alka Prashant Valia |
0.450 |
|
Siddhant P Valia |
0.600 |
|
|
|
|
Total |
1.500 |
BUSINESS DETAILS
|
Line of Business : |
Trading and Carrying Agency Business in Plastics, Polymers and
Petrochem Products. (Registered activity) |
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|
Products : |
Not Available |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
Not Available |
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Not Available |
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Bankers : |
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Facilities : |
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Auditors : |
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|
Name : |
P. Pathak and Company Chartered Accountants |
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Address : |
D-53/1139, Anupam CHS Limited, Azad Nagar No. 3, Veera Desai Road,
Andheri (West), Mumbai – 4000058, Maharashtra, India |
|
Tel. No.: |
91-22-26773162 |
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Mobile No.: |
91-9892978150 |
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E-Mail : |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Sister Concern : |
Not Available |
CAPITAL STRUCTURE
As on 31.03.2017
|
Name of Partner |
Share of profit/ loss |
Vested on Conversion of United Brothers [Partnership form] (INR) |
Additions |
Share of Profit/Loss |
Partner’s Remuneration |
Interest on capital |
Sub-Total |
Les: Withdrawals |
Closing Balance 31.03.2016 |
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|
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|
FIXED CAPITAL ACCOUNTS |
|
|
|
|
|
|
|
|
|
|
Prashant H. Valia |
30% |
0.450 |
-- |
-- |
-- |
-- |
0.450 |
-- |
0.450 |
|
Alka P. Valia |
30% |
0.450 |
-- |
-- |
-- |
-- |
0.450 |
-- |
0.450 |
|
Sinddhant P. Valia |
40% |
0.600 |
-- |
-- |
-- |
-- |
0.600 |
-- |
0.600 |
|
Sub- Total (A) |
|
1.500 |
-- |
-- |
-- |
-- |
1.500 |
-- |
1.500 |
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|
|
|
|
|
|
|
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CURRENT CAPITAL ACCOUNTS |
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|
|
|
|
|
|
|
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|
Prashant H. Valia |
30% |
16.044 |
67.111 |
1.959 |
0.300 |
1.983 |
87.397 |
85.268 |
22.129 |
|
Alka P. Valia |
30% |
19.877 |
38.440 |
1.959 |
-- |
0.853 |
61.129 |
39.888 |
21.240 |
|
Sinddhant P. Valia |
40% |
22.603 |
50.868 |
2.611 |
0.300 |
0.573 |
76.955 |
52.205 |
24.750 |
|
Sub- Total (B) |
|
58.524 |
156.419 |
6.529 |
0.600 |
3.409 |
225.480 |
157.361 |
68.120 |
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|
|
|
|
|
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|
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|
Grand Total [A+B] |
|
60.024 |
156.419 |
6.529 |
0.600 |
3.409 |
225.480 |
157.361 |
68.120 |
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 (For 1 Month) |
|
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
|
1] Partner’s Capital |
69.620 |
60.024 |
63.380 |
|
|
|
2] Share Application Money |
0.000
|
0.000 |
0.000 |
|
|
|
3] Reserves & Surplus |
0.000
|
0.000 |
0.000 |
|
|
|
4] (Accumulated Losses) |
0.000
|
0.000 |
0.000 |
|
|
|
NETWORTH |
69.620 |
60.024 |
63.380 |
|
|
|
LOAN FUNDS |
|
|
|
|
|
|
1] Secured Loans |
87.692 |
56.007 |
60.940 |
|
|
|
2] Unsecured Loans |
11.989 |
11.491 |
15.485 |
|
|
|
TOTAL BORROWING |
99.881 |
67.498 |
76.425 |
|
|
|
DEFERRED TAX LIABILITIES |
0.000
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
TOTAL |
169.301 |
127.522 |
139.805 |
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APPLICATION OF FUNDS |
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|
FIXED ASSETS [Net Block] |
6.325 |
5.630 |
6.665 |
|
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|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
|
INVESTMENT |
0.030 |
0.066 |
0.035 |
|
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|
DEFERRED TAX ASSETS |
0.015 |
0.014 |
0.013 |
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|
|
|
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CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
|
Inventories |
0.000 |
0.000 |
0.000 |
|
|
|
Sundry Debtors |
200.172
|
168.743
|
107.482 |
|
|
|
Cash & Bank Balances |
93.456
|
28.464
|
54.272 |
|
|
|
Other Current Assets |
0.086
|
0.107
|
0.106 |
|
|
|
Loans & Advances |
8.447
|
7.411
|
6.349 |
|
|
Total
Current Assets |
302.161
|
204.725
|
168.209
|
6.349 |
|
|
Less : CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
|
Sundry Creditors |
128.465
|
78.735
|
32.414 |
|
|
|
Other Current Liabilities |
6.291
|
3.197
|
2.714 |
|
|
|
Provisions |
4.480
|
0.990
|
0.000 |
|
|
Total
Current Liabilities |
139.236
|
82.922
|
35.128
|
|
|
|
Net Current Assets |
162.925 |
121.803 |
133.081 |
|
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.006
|
0.009
|
0.011 |
|
|
|
|
|
|
|
|
|
|
TOTAL |
169.301 |
127.522 |
139.805 |
|
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 (For 1 Month) |
|
|
SALES |
|
|
|
|
|
Income |
20.617 |
11.783 |
0.000 |
|
|
Other Income |
20.082 |
12.968 |
0.000 |
|
|
TOTAL |
40.699 |
24.751 |
0.000 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Personnel
Expenses |
3.685 |
2.906 |
0.000 |
|
|
Administrative
and Other expenses |
3.970 |
4.059 |
0.003 |
|
|
Selling
expenses |
8.024 |
3.814 |
0.000 |
|
|
TOTAL |
15.679 |
10.779 |
0.003 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
25.020 |
13.972 |
(0.003) |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
13.763 |
9.820 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
11.257 |
4.152 |
(0.003) |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
1.099 |
1.002 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
10.158 |
3.150 |
(0.003) |
|
|
|
|
|
|
|
Less |
TAX |
3.629 |
1.018 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
6.529 |
2.132 |
(0.003) |
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 (For 1 Month) |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flow from operating activity |
NA |
NA |
NA |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
3543.81 |
5227.12 |
0.00 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
0.10 |
0.07 |
0.00 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
3.96 |
2.48 |
0.00 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.77 |
0.71 |
0.64 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
1.43 |
1.12 |
1.21 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
2.17 |
1.57 |
0.80 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.09 |
0.09 |
0.11 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
1.82 |
1.42 |
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
((PAT / Sales) * 100) |
% |
31.67 |
18.09 |
0.00 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
2.12 |
1.01 |
0.00 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
9.38 |
3.55 |
0.00 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
2.00 |
2.17 |
3.32 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
2.00 |
2.17 |
3.32 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.23 |
0.29 |
0.36 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
1.43 |
1.12 |
1.21 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
2.00 |
2.17 |
3.32 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are
INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Partner’s Capital |
63.380 |
60.024 |
69.620 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
Net
worth |
63.380 |
60.024 |
69.620 |
|
|
|
|
|
|
Secured Loans |
60.940 |
56.007 |
87.692 |
|
Unsecured Loans |
15.485 |
11.491 |
11.989 |
|
Total
borrowings |
76.425 |
67.498 |
99.681 |
|
Debt/Equity
ratio |
1.206 |
1.125 |
1.432 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
|
Sales
|
11.783 |
20.617 |
|
|
|
74.972 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
|
Sales
|
11.783 |
20.617 |
|
Profit |
2.132 |
6.529 |
|
|
18.09% |
31.67% |
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 |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
Yes |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
No |
|
26 |
Turnover of firm for last two years and
one month |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last two years and one
month |
Yes |
|
30 |
Major shareholders, if available |
No |
|
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 |
UNSECURED LOAN
|
Unsecured Loan |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
From Family members / Entities |
9.850 |
8.826 |
|
From others |
2.139 |
2.665 |
|
|
|
|
|
Total |
11.989 |
11.491 |
INDEX OF CHARGES:
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of
Modification |
Date of
Satisfaction |
Amount |
Address |
|
1 |
L03365137 |
10583894 |
VIJAYA BANK |
02/07/2015 |
- |
- |
170000000.0 |
Andheri-West Branch, Alka Apartments, S.V. Road, Andheri-West, Mumbai – 400058, Maharashtra, India |
CONTINGENT
LIABILITIES:
(INR in million)
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
|
Claims against the LLP not acknowledged as debts |
0.000 |
0.327 |
FIXED ASSETS
- Building
- Motor Car
- Plant and Machinery
- Office Equipment
- Computer
- Furniture and Fixture
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
1] INFORMATION ON
DESIGNATED PARTY
No records exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or
investigation registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record
exists to suggest that any director or indirect owners, controlling
shareholders, director, officer or employee of the company is a government
official or a family member or close business associate of a Government
official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws,
regulations or policies that prohibit, restrict or otherwise affect the terms
and conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
INR |
|
US Dollar |
1 |
INR 63.89 |
|
|
1 |
INR 88.60 |
|
Euro |
1 |
INR 78.12 |
INFORMATION DETAILS
|
Information
Gathered by : |
SAV |
|
|
|
|
Analysis Done by
: |
PRS |
|
|
|
|
Report Prepared
by : |
KJL |
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 |
NO |
|
--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.