|
|
|
MIRA INFORM REPORT
|
Report No. : |
497964 |
|
Report Date : |
17.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
TEAM UNIVERSAL INFRATECH PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
First Floor, Serene Towers, 8-2-623/A, Road No.10, Banjara
Hills, Hyderabad – 500034, Telangana |
|
Tel. No.: |
91-40-40119686 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
13.06.2008 |
|
|
|
|
Com. Reg. No.: |
36- 059642 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 145.711 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45400TG2008PTC059642 |
|
|
|
|
IEC No.: [Import-Export
Code No.] |
Not Divulged |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCT0147P |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject
engaged into construction activity. [Registered activity and also confirmed
by management] |
|
|
|
|
No. of Employees
: |
300 (Approximately) (120 Employees + 180 Contract basis) |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
C |
|
Credit Rating |
Explanation |
Rating Comments |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
Status : |
Poor |
|
|
|
|
Payment Behaviour : |
Slow and delayed |
|
|
|
|
Litigation : |
Exists |
|
|
|
|
Comments : |
Subject was incorporated in the year 2008. The company is engaged in
the execution of civil construction contracts on EPC basis. The construction activity
is undertaken for mainly building, roads, bridges, township, etc. on
subcontract basis. Management has not filed its financial record with government
department for the year 2017 and same are not available from any other
sources. As per the financial records of 2016, the company has reported a
decline of 50.27% in its revenue as compared to the previous year’s revenue. The overall financial position of the company seems to be fair.
However, rating is constrained on account of delays in debt servicing of debt
obligation. Business is active. Payment seems to be slow and delayed. In view of aforesaid, the company can be considered for business
dealings on safe and secured 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 |
CARE |
|
Rating |
Long term loans: D |
|
Rating Explanation |
Lowest credit qualities and very low
prospects of recovery. |
|
Date |
24.02.2017 |
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 17.03.2017
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
|
Name : |
Mr. Raju |
|
Designation : |
Accountant |
|
Contact No.: |
91-40-40119686 |
|
Date : |
16.03.2018 |
LOCATIONS
|
Registered Office / Corporate Office: |
First Floor, Serene Towers, 8-2-623/A, Road No.10, Banjara
Hills, Hyderabad – 500034, Telangana, India |
|
Tel. No.: |
91-40-40119686/23119686 |
|
Fax No.: |
91-40-40079685 |
|
E-Mail : |
|
|
Website : |
|
|
Area : |
2750 Sq. ft. |
|
Location : |
Rented |
|
Locality : |
Commercial |
|
|
|
|
Regional Office 1: |
107, 1st Floor, Madhava Building, Plot No: C-4, Block-E, BKC - Bandra (East), Mumbai - 400051, Maharashtra, India |
|
Tel. No.: |
91-22-42290835 |
|
|
|
|
Regional Office 2: |
A-75, Ground Floor, Sector-05 Noida – 201301, Uttar Pradesh, India. |
|
Tel. No.: |
91-120-4004850 |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Mr. Sanjay Agarwal |
||||||||||||||||||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||||||||||||||||||
|
Address : |
403, Promenade Apartment 8-2-686/K/10/403, Road.
No-12 Banjarahills Hyderabad -500034, Telangana, India |
||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
07.04.1964 |
||||||||||||||||||||||||||||||||
|
Qualification: |
Bachelor of Engineering |
||||||||||||||||||||||||||||||||
|
Date of Appointment : |
13.06.2008 |
||||||||||||||||||||||||||||||||
|
DIN No.: |
00109451 |
||||||||||||||||||||||||||||||||
|
PAN No.: |
ADAPA3772A |
||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||
|
Name : |
Mr. Sunny Yograj Sahni |
||||||||||||||||||||||||||||||||
|
Designation : |
Wholetime Director |
||||||||||||||||||||||||||||||||
|
Address : |
1-118/1/A/106, Bikshpathi Nagar, Gopal Reddy Nagar, Kondapur Village, Hyderabad- 500084, Telangana, India |
||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
15.02.1963 |
||||||||||||||||||||||||||||||||
|
Qualification: |
Bachelor of Engineering |
||||||||||||||||||||||||||||||||
|
Date of Appointment : |
01.04.2009 |
||||||||||||||||||||||||||||||||
|
DIN No.: |
01281280 |
||||||||||||||||||||||||||||||||
|
PAN No.: |
AHDPS4320F |
||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||
|
Name : |
Mr. Ramesh Chandra Sinha |
||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||
|
Address : |
22, Buena Vista Gen. J Bhosle Marg, Mumbai
-400021, Maharashtra, India |
||||||||||||||||||||||||||||||||
|
Date of Appointment : |
01.12.2017 |
||||||||||||||||||||||||||||||||
|
DIN No.: |
00051909 |
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Other Directorship:
|
|||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||
|
Name : |
Mr. Narendra Kumar Agarwal |
||||||||||||||||||||||||||||||||
|
Designation : |
Additional Director |
||||||||||||||||||||||||||||||||
|
Address : |
P No 10, Door No 402, Road No 12 Banjara
Hills, Hyderabad -500027, Telangana, India |
||||||||||||||||||||||||||||||||
|
Date of Appointment : |
01.09.2017 |
||||||||||||||||||||||||||||||||
|
DIN No.: |
01624040 |
||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Sampada Sudhakar Reyya |
|
Designation : |
Company Secretary |
|
Address : |
103, Srujana Residency, Nethaji Colony,
Manikonda, Hyderabad -500089, Telangana, India |
|
Date of Appointment : |
01.08.2016 |
|
PAN No.: |
AGRPJ7680G |
|
|
|
|
Name : |
Mr. Raju |
|
Designation : |
Accountant |
MAJOR SHAREHOLDERS
AS ON 31.03.2015
|
Names of Shareholders |
|
No. of Shares |
|
Sanjay Agarwal |
|
4316500 |
|
Narendra Kumar
Agarwal |
|
573000 |
|
Sunny Yograj
Sahni |
|
1734250 |
|
Vasantha
Infrastructure Private Limited, India |
|
2389000 |
|
Chandra Prakash |
|
100000 |
|
K. Nikhil Kumar |
|
300000 |
|
Seema Chaudhary |
|
605000 |
|
Raveendranath Krishnagouda Hoskoti |
|
660000 |
|
Sharmila Agarwal |
|
185000 |
|
Viswanatha
Nagaraian |
|
511000 |
|
Nikil Nagarajan |
|
11000 |
|
Subramania
Nagarajan |
|
11000 |
|
Mita Vishwanatha
Nagarajan |
|
11000 |
|
Nishant Agarwal |
|
158000 |
|
Saniana Sahni |
|
429000 |
|
Anshuj Sahni |
|
162250 |
|
Rama Rao |
|
200000 |
|
Rajah Ram
Narayanaswamy |
|
22000 |
|
Prakash Pai
Paraje |
|
767853 |
|
Ananth Pai
Paraje |
|
767853 |
|
GHF Road Contract Works Private Limited |
|
49900 |
|
Golden Hiapfatta Pavement Woks Private Limited |
|
607500 |
|
Total |
|
14571106 |
Equity Share Break up (Percentage of Total Equity)
AS ON 30.09.2015
|
Category |
Percentage |
|
Promoters- Individual/Hindu Undivided Family- Indian |
79.09 |
|
Promoters- Body corporate |
20.91 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject engaged
into construction activity. [Registered activity and also confirmed by
management] |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Divulged |
|
|
|
|
Imports : |
Not Divulged |
|
|
|
|
Terms : |
|
|
Selling : |
Others (RTGS / NEFT) |
|
|
|
|
Purchasing : |
Others (RTGS / NEFT) |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
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|
||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||
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|
|
||||||||||||||||||||||
|
No. of Employees
: |
300 (Approximately) (120 Employees + 180 Contract basis) |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
(INR
In Million)
|
|
Auditors : |
|
|
Name : |
Rama s amy Koteswara Rao and Company Chartered Accountants |
|
Address : |
Plot. No. 238/A, MLA's Colony, Road.No.12, Banjara Hills, Hyderabad-500034, Telangana, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AAGFR9006F |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Enterprise in which Company Has Significant Influence (AS ON 31.03.2016): |
|
CAPITAL STRUCTURE
AS ON 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
15000000 |
Equity Shares |
INR 10/- each |
INR 150.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
14571106 |
Equity Shares |
INR 10/- each |
INR 145.711 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
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 |
145.711 |
145.711 |
145.711 |
|
(b) Reserves and Surplus |
331.727 |
316.136 |
258.669 |
|
(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) |
477.438 |
461.847 |
404.380 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
192.293 |
85.688 |
135.701 |
|
(b) Deferred tax liabilities (Net) |
52.840 |
58.406 |
49.699 |
|
(c) Other long-term
liabilities |
0.000 |
108.865 |
72.225 |
|
(d) long-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
245.133 |
252.959 |
257.625 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
152.605 |
171.214 |
165.815 |
|
(c) Other
current liabilities |
36.246 |
94.690 |
199.305 |
|
(d) Short-term
provisions |
2.595 |
28.451 |
70.964 |
|
Total Current
Liabilities (4) |
191.446 |
294.355 |
436.084 |
|
|
|
|
|
|
TOTAL |
914.017 |
1009.161 |
1098.089 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
259.341 |
313.479 |
327.793 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
19.726 |
2.175 |
2.175 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
5.758 |
7.404 |
86.082 |
|
(e) Other Non-current
assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
284.825 |
323.058 |
416.050 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
71.436 |
144.546 |
188.997 |
|
(c) Trade
receivables |
458.741 |
413.097 |
327.884 |
|
(d) Cash and
bank balances |
13.491 |
20.390 |
18.309 |
|
(e)
Short-term loans and advances |
0.000 |
0.000 |
0.000 |
|
(f) Other
current assets |
85.524 |
108.070 |
146.849 |
|
Total
Current Assets |
629.192 |
686.103 |
682.039 |
|
|
|
|
|
|
TOTAL |
914.017 |
1009.161 |
1098.089 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
645.676 |
1298.355 |
1345.979 |
|
|
Other Income |
3.918 |
1.350 |
2.706 |
|
|
TOTAL |
649.594 |
1299.705 |
1348.685 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
354.647 |
766.483 |
412.108 |
|
|
Purchases of
Stock-in-Trade |
153.556 |
291.605 |
671.703 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
28.139 |
8.174 |
18.807 |
|
|
Employee benefit expense |
37.394 |
45.126 |
48.651 |
|
|
Other expenses |
27.530 |
30.981 |
42.148 |
|
|
TOTAL |
601.266 |
1142.369 |
1193.417 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
48.328 |
157.336 |
155.268 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
17.249 |
41.956 |
37.422 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
31.079 |
115.380 |
117.846 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
18.460 |
20.754 |
19.785 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
12.619 |
94.626 |
98.061 |
|
|
|
|
|
|
|
Less |
TAX |
(2.971) |
37.158 |
55.149 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
15.590 |
57.468 |
42.912 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
1.07 |
3.94 |
2.95 |
|
Particulars |
|
|
31.03.2017 |
|
Sales Turnover (Approximately) |
|
|
1180.000 |
Expected Sales (2017-2018): INR 1250.000 Million (Due to business
growth)
The above information has been parted by Mr. Raju (Accountant)
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
1.373 |
79.328 |
38.479 |
|
|
|
|
|
|
Cash generated from operations |
NA |
NA |
NA |
|
|
|
|
|
|
Net cash flows from (used in) operations |
(85.931) |
171.364 |
31.608 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
(116.300) |
99.050 |
12.300 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
259.33 |
116.13 |
88.91 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
1.41 |
3.14 |
4.11 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
109.60 |
59.06 |
55.84 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.68 |
1.09 |
0.82 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.19 |
0.50 |
0.47 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.42 |
0.46 |
0.56 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.41 |
0.36 |
0.43 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.40 |
0.64 |
1.08 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.54 |
0.68 |
0.81 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
2.80 |
3.75 |
4.15 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
2.41 |
4.43 |
3.19 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
1.71 |
5.69 |
3.91 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
3.27 |
12.44 |
10.61 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
3.29 |
2.33 |
1.56 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
2.91 |
1.84 |
1.13 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.52 |
0.46 |
0.37 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
1.33 |
1.13 |
1.20 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
3.29 |
2.33 |
1.56 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Share Capital |
145.711 |
145.711 |
145.711 |
|
Reserves & Surplus |
258.669 |
316.136 |
331.727 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
404.380 |
461.847 |
477.438 |
|
|
|
|
|
|
Long-term borrowings |
135.701 |
85.688 |
192.293 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Current maturities of
long-term debts |
38.479 |
79.328 |
1.373 |
|
Total
borrowings |
174.180 |
165.016 |
193.666 |
|
Debt/Equity
ratio |
0.431 |
0.357 |
0.406 |
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 |
1345.979 |
1298.355 |
645.676 |
|
|
|
(3.538) |
(50.270) |
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 |
1345.979 |
1298.355 |
645.676 |
|
Profit/ (Loss) |
42.912 |
57.468 |
15.590 |
|
|
3.19
% |
4.43
% |
2.41
% |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
145.711 |
145.711 |
|
(b) Reserves and Surplus |
|
379.297 |
359.109 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
(d) Minority interest |
|
1.020 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
525.008 |
504.820 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
217.447 |
85.688 |
|
(b) Deferred tax liabilities (Net) |
|
52.840 |
58.407 |
|
(c) Other long-term
liabilities |
|
0.000 |
35.008 |
|
(d) long-term
provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
270.287 |
179.103 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
0.000 |
0.000 |
|
(b) Trade
payables |
|
150.605 |
222.445 |
|
(c) Other
current liabilities |
|
36.384 |
169.649 |
|
(d) Short-term
provisions |
|
2.595 |
28.451 |
|
Total Current
Liabilities (4) |
|
189.584 |
420.545 |
|
|
|
|
|
|
TOTAL |
|
985.899 |
1104.468 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
280.197 |
313.479 |
|
(ii)
Intangible Assets |
|
18.450 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
|
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.128 |
2.098 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
|
5.758 |
7.404 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
304.533 |
322.981 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
71.436 |
144.547 |
|
(c) Trade
receivables |
|
504.439 |
508.482 |
|
(d) Cash and
bank balances |
|
14.335 |
20.390 |
|
(e)
Short-term loans and advances |
|
0.000 |
0.000 |
|
(f) Other
current assets |
|
91.156 |
108.068 |
|
Total
Current Assets |
|
681.366 |
781.487 |
|
|
|
|
|
|
TOTAL |
|
985.899 |
1104.468 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
|
645.676 |
1583.090 |
|
|
Other Income |
|
3.918 |
1.350 |
|
|
TOTAL |
|
649.594 |
1584.440 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
354.647 |
1030.476 |
|
|
Purchases of
Stock-in-Trade |
|
153.556 |
291.605 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
28.139 |
8.174 |
|
|
Employee benefit expense |
|
37.394 |
45.126 |
|
|
Other expenses |
|
27.676 |
31.636 |
|
|
TOTAL |
|
601.412 |
1407.017 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
48.182 |
177.423 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
17.252 |
41.956 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
30.930 |
135.467 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
18.460 |
20.754 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
12.470 |
114.713 |
|
|
|
|
|
|
|
Less |
TAX |
|
(2.972) |
37.158 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
15.442 |
77.555 |
|
|
|
|
|
|
|
|
Profit (loss) of minority
interest |
|
0.009 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL
PROFIT (LOSS) FOR PERIOD |
|
15.450 |
77.555 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
1.06 |
5.32 |
LEGAL
CASES
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 |
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 |
Yes |
|
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 four years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
Yes |
|
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 |
Yes |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
Note: As confirmed by the management registered
office of the company has been shifted from Plot No. 6, Ground Floor, Mahaveer Techno
Park, Hi-Tech City, Madhapur, Hyderabad-500081, Andhra Pradesh, India to
present address.
UNSECURED LOANS:
(INR
In Million)
|
Particulars |
As
on 31.03.2016 |
As
on 31.03.2015 |
|
LONG TERM
BORROWING |
|
|
|
Intercorporate deposits |
30.819 |
14.082 |
|
Loans and advances from directors |
22.698 |
21.996 |
|
Total |
53.517 |
36.078 |
INDEX OF CHARGE:
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G32791709 |
100071374 |
SREI EQUIPMENT FINANCE
LIMITED |
01/10/2016 |
- |
- |
91300000.0 |
'VISHWAKARMA',
86C, TOPSIA ROAD,KOLKATAWE700046IN |
|
2 |
C46135513 |
10552158 |
BANK OF INDIA |
11/12/2014 |
20/12/2014 |
- |
486900000.0 |
VILE PARLE (EAST) BR.,52
PARDHI HOUSE,HANUMAN ROADVILE PARLE (E),MUMBAIMH400057IN |
|
3 |
B87425815 |
10454721 |
SREI EQUIPMENT
FINANCE PRIVATE LIMITED |
22/09/2013 |
- |
- |
40900000.0 |
'VISHWAKARMA',
86C, TOPSIA ROAD,KOLKATAWB700046IN |
|
4 |
B87426573 |
10454722 |
SREI EQUIPMENT
FINANCE PRIVATE LIMITED |
22/09/2013 |
- |
- |
43023000.0 |
'VISHWAKARMA',
86C, TOPSIA ROAD,KOLKATAWB700046IN |
|
5 |
B65903320 |
10247948 |
CENTRAL BANK OF
INDIA LIMITED |
21/10/2010 |
15/12/2012 |
- |
186900000.0 |
BANDRA KURLA COMPLEX
BRANCHMUMBAIMH400051IN |
|
6 |
C46523817 |
10401342 |
SREI EQUIPMENT
FINANCE PRIVATE LIMITED |
24/12/2012 |
- |
12/03/2015 |
16500000.0 |
'VISHWAKARMA',
86C, TOPSIA ROAD,KOLKATAWB700046IN |
|
7 |
C46526588 |
10225918 |
SREI EQUIPMENT FINANCE
PRIVATE LIMITED |
15/06/2010 |
- |
12/03/2015 |
8446584.0 |
'VISHWAKARMA',
86C, TOPSIA ROAD,KOLKATAWB700046IN |
|
8 |
C46524393 |
10401344 |
SREI EQUIPMENT
FINANCE PRIVATE LIMITED |
24/12/2012 |
- |
12/03/2015 |
28865261.0 |
'VISHWAKARMA', 86C,
TOPSIA ROAD,KOLKATAWB700046IN |
|
9 |
C46526034 |
10315128 |
SREI EQUIPMENT
FINANCE PRIVATE LIMITED |
15/10/2011 |
- |
12/03/2015 |
95625000.0 |
'VISHWAKARMA',
86C, TOPSIA ROAD,KOLKATAWB700046IN |
|
10 |
C46521746 |
10375447 |
SREI EQUIPMENT FINANCE
PRIVATE LIMITED |
22/08/2012 |
- |
12/03/2015 |
7200000.0 |
'VISHWAKARMA',
86C, TOPSIA ROAD,KOLKATAWB700046IN |
FIXED ASSETS:
Tangible assets
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Leasehold improvements
- Books periodicals
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 64.87 |
|
|
1 |
INR 90.49 |
|
Euro |
1 |
INR 79.91 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
KVT |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
YES |
|
--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.