|
|
|
MIRA INFORM REPORT
|
Report No. : |
499397 |
|
Report Date : |
23.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
GOEL INDUSTRIAL VENTURES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
19, British Indian Street, Ground Floor, Kolkata – 700069, West Bengal |
|
Tel. No.: |
91-33-22101154 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
07.12.1987 |
|
|
|
|
Com. Reg. No.: |
21-043394 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 4.152 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U29299WB1987PTC043394 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Available |
|
|
|
|
GSTIN : [Goods & Service Tax Registration
No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
Not Available |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer and Dealers in all kinds of
industrial spare parts and components. (Registered Activity) |
|
|
|
|
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 |
|
Maximum Credit Limit : |
USD 76000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was incorporated in the year 1987 having satisfactory track
record. It is engaged as manufacturer of all kinds of industrial spare parts
and components. For the financial year 2017, the company has achieved considerable
growth of 7.06% in its revenue as compared to its previous year along with
good profit margin of 44.36%. Rating takes into consideration, the satisfactory financial risk
profile marked by adequate net worth base and strong debt protection metrics. Rating continue to derive strength from its long and established track
record of its business operation backed by its extensive experience of its
promoters. However, these rating strength gets partially offset by high working
capital intensive operations and susceptibility of profit margins to
volatility in raw material prices, forex rates. Payments seems to be usually correct. 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.
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 23.03.2018
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 : |
19, British Indian Street, Ground Floor, Kolkata – 700069, West
Bengal, India |
|
Tel. No.: |
91-33-22101154 |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
|
|
|
Branch Office 1: |
C-10, DSIDC Engineering Complex, Phase-1, Mangolpuri Industrial Area Phase 1, New Delhi – 110083, India |
|
|
|
|
Branch Office 2: |
Plot No 51, Block-P, Sector-1, Bawana Industrial Area, New Delhi-110039, India |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Pawan Kumar Agarwal |
||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||
|
Address : |
1002- Sahid Hemant Kumar, Basu Sarani, Kolkata-700074, West Bengal, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
21.04.1962 |
||||||||||||||||||||||||
|
Date of Appointment : |
05.03.2010 |
||||||||||||||||||||||||
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DIN No: |
00242524 |
||||||||||||||||||||||||
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Other Directorship:
|
|||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||
|
Name : |
Mr. Pradeep Kumar Agarwal |
||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||
|
Address : |
Purti Flowers, Block E, 3rd Floor, Flat No 3e 309, Budge Budge Trunk Road, Jalkal, Mah Eshtala, Kolkata-700141, West Bengal, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
01.03.1967 |
||||||||||||||||||||||||
|
Date of Appointment : |
23.03.2010 |
||||||||||||||||||||||||
|
DIN No: |
03026929 |
||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||
MAJOR SHAREHOLDERS
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Girdhari Lal Singhi |
|
10 |
|
Rajendra Kumar Agarwal |
|
10 |
|
Garg Tradecon Private Limited, India |
|
2000 |
|
Auj Investments and Consultants Private Limited, India |
|
19000 |
|
Auj Investments and Consultants Private Limited, India |
|
2000 |
|
Overseas Tracom Private Limited, India |
|
2000 |
|
Jai Prakash Agarwal and Sons HUF |
|
25000 |
|
Jai Prakash Agarwal and Sons HUF |
|
2000 |
|
Fortune Share Brokerage Private Limited, India |
|
2000 |
|
Cosmopolitan Forgings Private Limited, India |
|
1900 |
|
Overseas Tracom Private Limited, India |
|
9000 |
|
Krishna Agarwal |
|
4100 |
|
Pansari Vinimpex Private Limited, India |
|
25000 |
|
Ram Gopal Jai Prakash HUF |
|
21000 |
|
Ashdil Sales Promotion Private Limited, India |
|
19000 |
|
Ashdil Sales Promotion Private Limited, India |
|
2000 |
|
Krishna Agarwal |
|
18000 |
|
Cosmopolitan Forgings Private Limited, India |
|
40000 |
|
Vishal Tieup Private Limited, India |
|
2000 |
|
Jai Prakash Agarwal |
|
2000 |
|
Garg Tradcon Private Limited, India |
|
19000 |
|
Total |
|
217020 |
Equity Share Break up (Percentage of Total Equity)
As on: 28.09.2017
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family – Indian) |
33.23 |
|
Promoters (Body corporate) |
66.77 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business
: |
Manufacturer and Dealers in all kinds of
industrial spare parts and components. (Registered Activity) |
||||
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Products / Services
: |
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||||
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||||
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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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||||
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Imports : |
Not Available |
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||||
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Terms : |
Not Available |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
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|
||||||||||||||||||||||
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Customers : |
|
||||||||||||||||||||||
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|
||||||||||||||||||||||
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No. of Employees : |
Not Available |
||||||||||||||||||||||
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|
|
||||||||||||||||||||||
|
Bankers : |
|
|
Auditors : |
|
|
Name : |
K. Agrawal and Company Chartered Accountants |
|
Address : |
34, Ezra Street, 2nd Floor, Kolkata – 700001, West Bengal, India |
|
Tel. No.: |
91-33-22153132/ 22157614 |
|
Fax No.: |
91-33-22352761 |
|
E-Mail : |
|
|
Income-tax
PAN of auditor or auditor's firm : |
AAGFK7181A |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
-- |
CAPITAL STRUCTURE
As on: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
222500 |
Equity Shares |
INR 100/- each |
INR 22.250 Million |
|
200000 |
Equity Shares |
INR 10/- each |
INR 2.000 Million |
|
|
Total |
|
INR 24.250
Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
22020 |
Equity Shares |
INR 100/- each |
INR 2.202 Million |
|
195000 |
Equity Shares |
INR 10/- each |
INR 1.950 Million |
|
|
Total |
|
INR 4.152
Million |
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 |
4.152 |
4.152 |
4.152 |
|
(b) Reserves & Surplus |
22.316 |
21.083 |
19.450 |
|
(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) |
26.468 |
25.235 |
23.602 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.001 |
0.002 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
0.000 |
0.001 |
0.002 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
0.000 |
2.425 |
0.000 |
|
(b) Trade
payables |
0.000 |
0.000 |
0.000 |
|
(c) Other
current liabilities |
0.087 |
0.046 |
3.691 |
|
(d) Short-term
provisions |
0.091 |
0.015 |
0.018 |
|
Total Current
Liabilities (4) |
0.178 |
2.486 |
3.709 |
|
|
|
|
|
|
TOTAL |
26.646 |
27.722 |
27.313 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
0.002 |
0.008 |
0.014 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
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 |
20.486 |
21.241 |
18.799 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
20.488 |
21.249 |
18.813 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade
receivables |
0.000 |
0.000 |
0.000 |
|
(d) Cash
and cash equivalents |
0.459 |
0.337 |
0.451 |
|
(e)
Short-term loans and advances |
5.218 |
5.219 |
7.362 |
|
(f) Other
current assets |
0.481 |
0.917 |
0.687 |
|
Total
Current Assets |
6.158 |
6.473 |
8.500 |
|
|
|
|
|
|
TOTAL |
26.646 |
27.722 |
27.313 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
2.775 |
2.592 |
(0.521) |
|
|
Other Income |
0.060 |
0.151 |
1.279 |
|
|
TOTAL |
2.835 |
2.743 |
0.758 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Employees benefits
expense |
0.372 |
0.300 |
0.065 |
|
|
Other expenses |
0.428 |
0.326 |
0.058 |
|
|
TOTAL |
0.800 |
0.626 |
0.123 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND
AMORTISATION |
2.035 |
2.117 |
0.635 |
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
0.046 |
0.005 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE
TAX, DEPRECIATION AND AMORTISATION |
1.989 |
2.112 |
0.635 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
0.006 |
0.006 |
0.006 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
1.983 |
2.106 |
0.629 |
|
|
|
|
|
|
|
Less |
TAX |
0.752 |
0.477 |
0.064 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) AFTER TAX
|
1.231 |
1.629 |
0.565 |
|
|
|
|
|
|
|
Add |
PREVIOUS YEARS’ BALANCE BROUGHT FORWARD |
9.838 |
8.532 |
8.088 |
|
|
|
|
|
|
|
Less |
APPROPRIATIONS |
|
|
|
|
|
Transfer to Special
Reserve |
0.246 |
0.326 |
0.114 |
|
|
Provision Standard Assets
|
(0.003) |
(0.003) |
0.007 |
|
|
Balance Carried to the B/S |
10.826 |
9.838 |
8.532 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
2.97 |
3.92 |
1.36 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
Cash generated from operations |
NA |
NA |
NA |
|
Net cash flows from (used in) operations |
NA |
NA |
NA |
|
Net cash flows from (used in) 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) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
1017.50 |
264.63 |
45.36 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
0.01 |
0.09 |
0.14 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
0.00 |
0.10 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
0.01 |
0.10 |
0.16 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
44.24 |
423.40 |
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) *
100) |
% |
44.36 |
62.85 |
(108.45) |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
4.62 |
5.88 |
2.07 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
4.65 |
6.46 |
2.39 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
34.60 |
2.60 |
2.29 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
34.60 |
2.60 |
2.29 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
0.99 |
0.91 |
0.86 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity
Capital) |
0.00 |
0.58 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
34.60 |
2.60 |
2.29 |
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 |
4.152 |
4.152 |
4.152 |
|
Reserves & Surplus |
19.450 |
21.083 |
22.316 |
|
Net
worth |
23.602 |
25.235 |
26.468 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
2.425 |
0.000 |
|
Total
borrowings |
0.000 |
2.425 |
0.000 |
|
Debt/Equity
ratio |
0.000 |
0.096 |
0.000 |
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 |
(0.521) |
2.592 |
2.775 |
|
|
|
(597.505) |
7.060 |
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 |
(0.521) |
2.592 |
2.775 |
|
Profit /(Loss) |
0.565 |
1.629 |
1.231 |
|
|
(108.45%) |
62.85% |
44.36% |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
4.152 |
4.152 |
|
(b) Reserves & Surplus |
|
22.873 |
21.608 |
|
(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) |
|
27.025 |
25.760 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.001 |
|
(c) Other long term
liabilities |
|
0.000 |
0.000 |
|
(d) long-term
provisions |
|
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
|
0.000 |
0.001 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short
term borrowings |
|
0.000 |
2.425 |
|
(b) Trade
payables |
|
0.000 |
0.000 |
|
(c) Other
current liabilities |
|
0.087 |
0.046 |
|
(d) Short-term
provisions |
|
0.091 |
0.015 |
|
Total Current
Liabilities (4) |
|
0.178 |
2.486 |
|
|
|
|
|
|
TOTAL |
|
27.203 |
28.247 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current
assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
0.002 |
0.008 |
|
(ii)
Intangible Assets |
|
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
|
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
21.043 |
21.766 |
|
(c) Deferred tax assets (net) |
|
0.000 |
0.000 |
|
(d) Long-term Loan and Advances |
|
0.000 |
0.000 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
21.045 |
21.774 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
0.000 |
0.000 |
|
(c) Trade
receivables |
|
0.000 |
0.000 |
|
(d) Cash
and cash equivalents |
|
0.459 |
0.337 |
|
(e) Short-term
loans and advances |
|
5.218 |
5.219 |
|
(f) Other
current assets |
|
0.481 |
0.917 |
|
Total
Current Assets |
|
6.158 |
6.473 |
|
|
|
|
|
|
TOTAL |
|
27.203 |
28.247 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Income |
|
2.775 |
2.592 |
|
|
Other Income |
|
0.092 |
0.131 |
|
|
TOTAL |
|
2.867 |
2.723 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Employees benefits expense |
|
0.372 |
0.300 |
|
|
Other expenses |
|
0.428 |
0.326 |
|
|
TOTAL |
|
0.800 |
0.626 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
2.067 |
2.097 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
0.046 |
0.004 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
2.021 |
2.093 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
|
0.006 |
0.006 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
2.015 |
2.087 |
|
|
|
|
|
|
|
Less |
TAX |
|
0.752 |
0.477 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
1.263 |
1.610 |
|
|
|
|
|
|
|
|
Earnings
/ (Loss) Per Share (INR) |
|
3.04 |
3.88 |
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 |
No |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
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 |
UNSECURED LOAN
|
PARTICULARS |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Short-term
borrowings |
|
|
|
From Bodies Corporate |
0.000 |
2.425 |
|
Total |
0.000 |
2.425 |
INDEX OF CHARGES: NO
CHARGES EXISTS FOR COMPANY
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 65.06 |
|
|
1 |
INR 92.06 |
|
Euro |
1 |
INR 80.37 |
INFORMATION DETAILS
|
Analysis Done by
: |
NSG |
|
|
|
|
Report Prepared
by : |
MTN |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--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.