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|
|
MIRA INFORM REPORT
|
Report No. : |
498531 |
|
Report Date : |
20.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
BISLERI INTERNATIONAL PRIVATE LIMITED (w.e.f. 12.07.2002) |
|
|
|
|
Formerly Known
As : |
ACQUA MINERALS LIMITED (w.e.f. 01.07.1993) ACQUA MINERALS PRIVATE LIMITED |
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Registered
Office : |
Western Express Highway, Andheri (East), Mumbai – 400099, Maharashtra |
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Tel. No.: |
91-22-61447000 |
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|
Country : |
India |
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|
|
Financials (as
on) : |
31.03.2017 |
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|
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Date of
Incorporation : |
05.03.1984 |
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|
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Com. Reg. No.: |
11-127572 |
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|
Capital
Investment / Paid-up Capital : |
INR 4.650 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U15540MH1984PTC127572 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
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|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
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PAN No.: [Permanent Account No.] |
AACCA4355K |
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|
GSTN : [Goods & Service Tax Registration
No.] |
Not Divulged |
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Legal Form : |
Private Limited Liability Company. |
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|
Line of Business
: |
Subject has only one business segment i.e dealing in
non-alcoholic beverages. The non-alcoholic beverages business mainly consists
of products like package drinking water and sweetened carbonated beverages.
(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++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
Status : |
Excellent |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject is an old and well-established company incorporated in the year 1984 and it is having excellent track record. For the financial year 2017, the company can achieved decent growth of 16.87% in its revenue as compared to its previous year along with fair profit margin of 3.71% during the year. Rating takes into consideration, the robust financial risk profile marked by healthy net worth base, strong debt protection metrics and comfortable liquidity position. Rating continue to derive strength from its long and established track record of its business operation backed by its leading market position and brand recognition worldwide. Further the company has achieved remarkable earnings per share of INR 6,884.051 against its face value of INR 10. Trade relation are fair. Payments seems to be regular and as per commitment. In view of aforesaid, the company can be considered for business dealings at usual trade terms and conditions. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
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 20.03.2018
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
MANAGEMENT NON-COOPERATIVE (TEL NO. 91-22-61447000)
91-22-61447155 / 7156
(RINGING)
91-22-66953030 (INCORRECT NUMBER)
LOCATIONS
|
Registered Office/ Owned Unit/ Headquarter : |
Western Express Highway, Andheri (East), Mumbai – 400099, Maharashtra,
India |
|
Tel. No.: |
91-22-61447000 / 61447155 / 7156 |
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Fax No.: |
91-22-61447145 |
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E-Mail : |
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Website : |
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|
Owned Unit : |
Located at: ·
Ahmedabad ·
Bangalore ·
Chandigarh ·
Chennai ·
New Delhi ·
Goa ·
Hubli ·
Hyderabad ·
Jaipur ·
Jammu ·
Kolkata ·
North Bengal ·
Orissa ·
Pune ·
Rudrapur ·
Sahibabad |
|
|
|
|
Franchisee Unit : |
Located at: ·
Agartala ·
Andaman and Nicobar ·
Arunachal Pradesh ·
Chattisgarh ·
Guwahati ·
Himachal Pradesh ·
Indore ·
Kolkata ·
Ludhiana ·
Mangalore ·
Nagaon ·
Patna ·
Vishakapatnam |
DIRECTORS
As on 31.03.2017
|
Name : |
Mrs. Zainab Ramesh Chauhan |
|
Designation : |
Director |
|
Address : |
47, Shanti Kunj, Tejpal Road, Vile Parle [East], Mumbai – 400057,
Maharashtra, India |
|
Date of Birth/Age : |
09.06.1937 |
|
Qualification : |
B.A. |
|
Date of Appointment : |
26.10.1987 |
|
PAN.: |
AABPC0688F |
|
DIN No.: |
00088026 |
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|
|
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Name : |
Mr. Kadeer Khan |
|
Designation : |
Director |
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Address : |
C-62D, Gangotri Enclave, Alaknanda, New Delhi – 110019, India |
|
Date of Birth/Age : |
14.04.1958 |
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Qualification : |
B.A |
|
Date of Appointment : |
01.06.2004 |
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PAN.: |
AGQPK8975N |
|
DIN No.: |
00088117 |
|
|
|
|
Name : |
Mr. Rajender Kumar Garg |
|
Designation : |
Director |
|
Address : |
8/186, Sector 3, Rajender Nagar, Sahibabad, Ghaziabad – 201010, Uttar
Pradesh, India |
|
Date of Birth/Age : |
01.05.1961 |
|
Qualification : |
M. Com. LL.B |
|
Date of Appointment : |
16.11.2004 |
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PAN.: |
ABWPG4478R |
|
DIN No.: |
00097383 |
|
|
|
|
Name : |
Ms. Anjana Amitabh Ghosh |
|
Designation : |
Director |
|
Address : |
B304, Poseidon Near Raj Classic, Off Yari Road, Andheri [West], Mumbai
– 400061, Maharashtra, India |
|
Date of Birth/Age : |
28.08.1965 |
|
Qualification : |
BSC. MMS |
|
Date of Appointment : |
07.06.2007 |
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PAN.: |
ABMPG4808P |
|
DIN No.: |
01585901 |
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|
|
|
Name : |
Mr. Santosh Anandarai Sinai Borker |
|
Designation : |
Director |
|
Address : |
M14 M18 Housing Board Colony, Vidhayanagar, Margao – 403601, Goa,
India |
|
Date of Birth/Age : |
03.03.1952 |
|
Qualification : |
BSC. |
|
Date of Appointment : |
29.05.2008 |
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PAN.: |
ACMPB2554J |
|
DIN No.: |
02195989 |
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|
|
|
Name : |
Ms. Jayanti Ramesh Chauhan |
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Designation : |
Director |
|
Address : |
1/15, Shanti Niketan, New Delhi – 110021, India |
|
Date of Birth/Age : |
20.08.1984 |
|
Qualification : |
Diploma in Fashion Design |
|
Date of Appointment : |
09.04.2009 |
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PAN.: |
AABPC0690D |
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DIN No.: |
02607625 |
|
|
|
|
Name : |
Mr. Parag Jitendra Bengali |
|
Designation : |
Director |
|
Address : |
15, Hemant Bank of Baroda Employees CHSL, Justice MC Chagla Marg, Vile
Parle, Mumbai – 400099, Maharashtra, India |
|
Date of Birth/Age : |
07.05.1971 |
|
Qualification : |
B.Com, A.C.A, I.C.W.A |
|
Date of Appointment : |
28.01.2011 |
|
PAN.: |
AAPPB3642Q |
|
DIN No.: |
03423747 |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Jayanti Ramesh Chauhan |
|
15500 |
|
Ramesh Jayantilal Chauhan |
|
24800 |
|
Zainab Ramesh Chauhan |
|
6200 |
|
Total |
|
46500 |
Equity Share Break up (Percentage of Total Equity)
As on 29.09.2017
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
100.00 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject has only one business segment i.e dealing in
non-alcoholic beverages. The non-alcoholic beverages business mainly consists
of products like package drinking water and sweetened carbonated beverages.
(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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Facilities : |
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Auditors : |
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Name : |
SSPA and Associates Chartered Accountants |
|
Address : |
1st Floor,
Arjun, Plot No. 6A,V P Road, Andheri, Mumbai – 400058, Maharashtra, India |
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PAN N Income-tax PAN of auditor or auditor's firm : |
ABUFS2629C |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Subsidiaries : |
U24110MH1936PTC002484 |
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Associates: |
U15440MH1994PTC129006 |
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|
Enterprises which are owned, or have significant influence of or are partners
with Key management personnel and their relatives: |
U51109MH1973PTC016388
U51909GJ1984PTC007204
U15540MH1983PTC029767 |
CAPITAL STRUCTURE
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
50000 |
Equity Shares |
INR 100/- each |
INR 5.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
46500 |
Equity Shares |
INR 100/- each |
INR 4.650
Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
4.650 |
4.650 |
4.650 |
|
(b) Reserves and Surplus |
1211.717 |
947.575 |
629.356 |
|
(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) |
1216.367 |
952.225 |
634.006 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
228.038 |
203.989 |
334.298 |
|
(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 |
72.974 |
55.077 |
41.960 |
|
Total Non-current
Liabilities (3) |
301.012 |
259.066 |
376.258 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
616.112 |
516.597 |
533.410 |
|
(c) Other
current liabilities |
798.553 |
681.462 |
575.358 |
|
(d) Short-term
provisions |
96.133 |
179.461 |
43.667 |
|
Total Current
Liabilities (4) |
1510.798 |
1377.520 |
1152.435 |
|
|
|
|
|
|
TOTAL |
3028.177 |
2588.811 |
2162.699 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
1301.704 |
1182.558 |
1224.878 |
|
(ii)
Intangible Assets |
2.498 |
4.840 |
5.783 |
|
(iii) Tangible assets
capital work-in-progress |
32.952 |
37.272 |
27.944 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
258.035 |
170.681 |
103.445 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
210.321 |
46.715 |
41.737 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
1805.510 |
1442.066 |
1403.787 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
182.654 |
159.606 |
142.432 |
|
(c) Trade
receivables |
417.363 |
385.332 |
297.227 |
|
(d) Cash and
bank balances |
445.625 |
439.573 |
177.638 |
|
(e)
Short-term loans and advances |
160.041 |
146.840 |
126.255 |
|
(f) Other
current assets |
16.984 |
15.394 |
15.360 |
|
Total
Current Assets |
1222.667 |
1146.745 |
758.912 |
|
|
|
|
|
|
TOTAL |
3028.177 |
2588.811 |
2162.699 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
8628.443 |
7383.162 |
5830.316 |
|
|
Other Income |
104.555 |
71.110 |
84.788 |
|
|
TOTAL |
8732.998 |
7454.272 |
5915.104 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
1815.625 |
1522.375 |
1345.875 |
|
|
Purchases of
Stock-in-Trade |
2326.945 |
1943.594 |
1451.311 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(7.138) |
3.379 |
(40.280) |
|
|
Employee benefit expense |
1181.952 |
909.648 |
783.319 |
|
|
CSR expenditure |
6.643 |
3.918 |
2.000 |
|
|
Other expenses |
2316.663 |
2001.849 |
1752.106 |
|
|
Exceptional items before tax |
(18.996) |
(18.361) |
0.000 |
|
|
TOTAL |
7621.694 |
6366.402 |
5294.331 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
1111.304 |
1087.870 |
620.773 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
37.445 |
37.166 |
34.806 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
1073.859 |
1050.704 |
585.967 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
545.501 |
485.271 |
418.423 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
528.358 |
565.433 |
167.544 |
|
|
|
|
|
|
|
Less |
TAX |
208.249 |
247.214 |
35.167 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
320.109 |
318.219 |
132.377 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Capital Goods |
0.000 |
0.000 |
3.560 |
|
|
TOTAL IMPORTS |
0.000 |
0.000 |
3.560 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
6884.07 |
6843.42 |
2846.82 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
180.983 |
156.754 |
142.191 |
|
Net cash flows from (used in) operations |
977.773 |
1184.717 |
629.048 |
|
Net cash flows from (used in) operating activities |
769.524 |
937.503 |
593.881 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days [Sundry Debtors / Income * 365] |
|
17.66 |
19.05 |
18.61 |
|
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
|
20.67 |
19.16 |
19.62 |
|
|
|
|
|
|
|
Average Payment Days [Sundry Creditors /
Purchases * 365] |
|
54.29 |
54.40 |
69.60 |
|
|
|
|
|
|
|
Inventory Turnover [Operating Income /
Inventories] |
|
6.08 |
6.82 |
4.36 |
|
|
|
|
|
|
|
Asset Turnover [Operating Income / Net Fixed
Assets] |
|
0.83 |
0.89 |
0.49 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets] |
|
0.63 |
0.67 |
0.75 |
|
|
|
|
|
|
|
Debt Equity Ratio (Borrowings / NetWorth) |
|
0.34 |
0.38 |
0.75 |
|
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities
/ NetWorth) |
|
1.24 |
1.45 |
1.82 |
|
|
|
|
|
|
|
Fixed Assets to NetWorth (Net Fixed Assets /
NetWorth) |
|
1.10 |
1.29 |
1.99 |
|
|
|
|
|
|
|
Interest Coverage Ratio [PBIT / Financial
Charges] |
|
29.68 |
29.27 |
17.84 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin [(PAT / Sales) * 100] |
(%) |
3.71 |
4.31 |
2.27 |
|
|
|
|
|
|
|
Return on Total Assets [(PAT / Total Assets)
* 100] |
(%) |
10.57 |
12.29 |
6.12 |
|
|
|
|
|
|
|
Return on Investment (ROI) [(PAT / NetWorth)
* 100] |
(%) |
26.32 |
33.42 |
20.88 |
SOLVENCY RATIO
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio [Current Assets / Current Liabilities] |
|
0.81 |
0.83 |
0.66 |
|
|
|
|
|
|
|
Quick Ratio [(Current Assets - Inventories)
/ Current Liabilities] |
|
0.69 |
0.72 |
0.53 |
|
|
|
|
|
|
|
G-Score Ratio Financial [NetWorth / Total
Assets] |
|
0.40 |
0.37 |
0.29 |
|
|
|
|
|
|
|
G-Score Ratio Debt [Debts / Equity Capital] |
|
87.96 |
77.58 |
102.47 |
|
|
|
|
|
|
|
G-Score Ratio Liquidity [Total Current
Assets / Total Current Liabilities] |
|
0.81 |
0.83 |
0.66 |
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 |
4.650 |
4.650 |
4.650 |
|
Reserves & Surplus |
629.356 |
947.575 |
1211.717 |
|
Net
worth |
634.006 |
952.225 |
1216.367 |
|
|
|
|
|
|
Long-term borrowings |
334.298 |
203.989 |
228.038 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Current maturities of
long-term debts |
142.191 |
156.754 |
180.983 |
|
Total
borrowings |
476.489 |
360.743 |
409.021 |
|
Debt/Equity
ratio |
0.752 |
0.379 |
0.336 |
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 |
5830.316 |
7383.162 |
8628.443 |
|
|
|
26.634 |
16.866 |
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 |
5830.316 |
7383.162 |
8628.443 |
|
Profit/ (Loss) |
132.377 |
318.219 |
320.109 |
|
|
2.27
% |
4.31
% |
3.71
% |
ABRIDGED
BALANCE SHEET – (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
4.650 |
4.650 |
|
(b) Reserves and Surplus |
|
1214.648 |
948.185 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
(d) Minority interest |
|
0.002 |
0.002 |
|
|
|
|
|
|
(2) Share Application money pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
1219.298 |
952.835 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
228.038 |
203.989 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
72.974 |
55.077 |
|
Total Non-current
Liabilities (3) |
|
301.012 |
259.066 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
0.000 |
0.000 |
|
(b) Trade
payables |
|
616.117 |
516.602 |
|
(c) Other
current liabilities |
|
798.553 |
681.463 |
|
(d) Short-term
provisions |
|
96.133 |
179.461 |
|
Total Current
Liabilities (4) |
|
1510.803 |
1377.526 |
|
|
|
|
|
|
TOTAL |
|
3031.115 |
2589.429 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
1301.704 |
1182.558 |
|
(ii)
Intangible Assets |
|
2.498 |
4.840 |
|
(iii) Tangible assets
capital work-in-progress |
|
32.952 |
37.272 |
|
(iv)
Intangible assets under development |
|
0.605 |
0.605 |
|
(b) Non-current Investments |
|
260.335 |
170.639 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
|
210.341 |
46.735 |
|
(e) Other Non-current
assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
1808.435 |
1442.649 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
182.654 |
159.606 |
|
(c) Trade
receivables |
|
417.363 |
385.332 |
|
(d) Cash and
bank balances |
|
445.638 |
439.608 |
|
(e)
Short-term loans and advances |
|
160.041 |
146.840 |
|
(f) Other
current assets |
|
16.984 |
15.394 |
|
Total
Current Assets |
|
1222.680 |
1146.780 |
|
|
|
|
|
|
TOTAL |
|
3031.115 |
2589.429 |
PROFIT
& LOSS ACCOUNT– (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
|
8628.443 |
7383.163 |
|
|
Other Income |
|
104.584 |
71.111 |
|
|
TOTAL |
|
8733.027 |
7454.274 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
1815.625 |
1522.375 |
|
|
Purchases of
Stock-in-Trade |
|
2326.945 |
1943.594 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
(7.138) |
3.379 |
|
|
Employee benefit expense |
|
1181.952 |
909.648 |
|
|
CSR expenditure |
|
6.643 |
3.918 |
|
|
Other expenses |
|
2316.735 |
2001.923 |
|
|
Exceptional items before tax |
|
(18.996) |
(18.361) |
|
|
TOTAL |
|
7621.766 |
6366.476 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
1111.261 |
1087.798 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
37.445 |
37.166 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
1073.816 |
1050.632 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
545.501 |
485.271 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
528.315 |
565.361 |
|
|
|
|
|
|
|
Less |
TAX |
|
208.249 |
247.214 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
320.066 |
318.147 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
6883.140 |
6841.871 |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
No |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
No |
|
8 |
Designation of contact person |
No |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners / Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
No |
|
17 |
Details of sister concerns |
Yes |
|
18 |
Major suppliers |
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 |
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 |
STATE OF AFFAIRS OF
COMPANY
During the year, the Company has made a Profit After Tax (PAT) of INR 320.109 Million as against INR 318.219 Million for the previous year. The company achieved income from sales and operations of INR 8732.998 Million and registered a growth of 17% over the Previous year.
UNSECURED LOAN
|
Unsecured Loan |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
Rupee term loans from banks |
8.889 |
35.555 |
|
Intercorporate borrowings |
1.915 |
47.915 |
|
|
|
|
|
Total |
10.804 |
83.470 |
INDEX
OF CHARGES:
|
SNo |
SRN |
Charge Id |
Date of Creation |
Date of
Modification |
Address |
|
1 |
G02498236 |
100023448 |
28/03/2016 |
- |
27BKC, C 27, G
Block Bandra Kurla Complex, Bandra (East),Mumbai – 400051, Maharashtra, India |
|
2 |
C74926981 |
10611028 |
26/11/2015 |
- |
27BKC, C 27, G
Block Bandra Kurla Complex, Bandra (East),Mumbai – 400051, Maharashtra, India |
|
3 |
C49677073 |
10529084 |
04/08/2014 |
13/03/2015 |
INDIABULLS
FINANCE CENTRE52/60 MAHATMA GANDHI ROAD, FORT, P.O.BOX 128, MUMBAI - 400001
,MAHARASHTRA, INDIA |
|
4 |
B93296184 |
10469606 |
12/11/2013 |
- |
One Forbes,Dr.
V. B. Gandhi Marg, Fort, Mumbai - 400001 Maharashtra, India |
|
5 |
B91531319 |
10465106 |
07/11/2013 |
- |
36-38A, NARIMAN
BHAVAN, 227,D,NARIMAN POINT,MUMBAI - 400021 MAHARASHTRA, INDIA |
|
6 |
B76674886 |
10430015 |
23/05/2013 |
- |
36-38A, NARIMAN
BHAVAN, 227,D,NARIMAN POINT,MUMBAI - 400021 MAHARASHTRA, INDIA |
|
7 |
B92371459 |
10258964 |
10/12/2010 |
09/12/2013 |
36-38A, NARIMAN
BHAVAN, 227,D,NARIMAN POINT,MUMBAI - 400021 MAHARASHTRA, INDIA |
|
8 |
B92372648 |
10232834 |
29/06/2010 |
09/12/2013 |
36-38A, NARIMAN
BHAVAN, 227,D,NARIMAN POINT,MUMBAI - 400021 MAHARASHTRA, INDIA |
|
9 |
A46378709 |
10123918 |
15/09/2008 |
- |
AIFACS
BUILDING,1, RAFI MARG,NEW DELHI – 110001 INDIA |
|
10 |
A39121975 |
10104727 |
30/05/2008 |
- |
AIFACS
BUILDING,1, RAFI MARG,NEW DELHI – 110001 INDIA |
FIXED ASSETS
- Land
- Building
- Furniture and fixtures
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipments
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 65.04 |
|
|
1 |
INR 90.56 |
|
Euro |
1 |
INR 79.78 |
INFORMATION DETAILS
|
Information
Gathered by : |
AKS |
|
|
|
|
Analysis Done by
: |
NSG |
|
|
|
|
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 |
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.