|
|
|
MIRA INFORM REPORT
|
Report No. : |
496995 |
|
Report Date : |
27.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
S B DUTTA AND ASSOCIATES |
|
|
|
|
Registered
Office : |
670, Uttar Panchanan Gram, Paschim Chow Bahas, Kolkata - 700100, West
Bengal |
|
Mobile No.: |
91-9831501750 [Mr. Vijay Kumar Singh] |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Establishment : |
26.12.2014 |
|
|
|
|
Capital
Investment : |
INR 1.865 Million |
|
|
|
|
IEC No.: |
Not Applicable [As informed by the management that firm does
not have export and import] |
|
|
|
|
TIN No.: |
Not Divulged |
|
|
|
|
GST No.: |
19ACSFS6359L1Z0 |
|
|
|
|
Udyog Aadhar
No.: |
WB10E0011246 |
|
|
|
|
PAN No.: [Permanent Account No.] |
ACSFS6359L |
|
|
|
|
Legal Form : |
Partnership Concern with an Unlimited Liability of the Partners |
|
|
|
|
Line of Business
: |
Service Provider of Cold Storage and Blast Freezer facilities for
Fish, Meat, Chicken and Vegetables, etc. [Confirmed by Management] |
|
|
|
|
No. of Employees
: |
09 [Approximately] |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a partnership concern established in the year 2014 having moderate track record. It is engaged in providing cold storage and blast freezer facilities for fish, meat, chicken and vegetables. For the financial year 2017, the firm has achieved decent growth in its sales turnover as compared to its previous year and has reported low profit margin during the year. The general financial position of the firm is reflected by modest capital structure and average debt protection metrics. Rating gets constrained on account of short track record of its business operations and stiff competition faced by the firm in highly fragmented service industry. However, these rating weakness gets partially offset by positive feedback received from its customer (S.S. Marketing) for satisfactory product quality and delivery behaviour. Business is active. Payment seems to be slow but correct. In view of aforesaid, the concern can be considered for business dealing with some caution. NOTE 1: Site visit was conducted at the given address and our executive have successfully trace the subject. At the premises our executive met to Mr. Vijay Kumar Singh (Partner) and he provided with his contact number (#09831501750). As per our executive’s observation, it is a 2 storey building and subject is situated on ground floor. Area of the premises is approximately 7000 SQ.FT. Location was easy to find, locality seems to be commercial and area near the premises seems to be upmarket. Further, our executive have sighted approximately 9 employees along with telephone, computer, air conditioner, office equipment and furniture item. The name board of the subject was also sighted the given premise address. NOTE 2: Mr. Vijay Kumar Singh [Partner] claimed that Mr. Siddhartha Dutta has
retried on 22.02.2018. |
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
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 27.03.2018.
IBBI (Insolvency and Bankruptcy Board of India) LISTING STATUS
Subject’s name is not listed in the publicly
available IBBI (Insolvency and Bankruptcy Board of India) list as of report
date.
INFORMATION PARTED BY
|
Name : |
Mr. Vijay Kumar Singh |
|
Designation : |
Partner |
|
Contact No.: |
91-9831501750 |
|
Date : |
23.03.2018 |
LOCATIONS
|
Registered Office : |
670, Uttar Panchanan Gram, Paschim Chow Bahas, Kolkata -700100, West
Bengal, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9831501750 [Mr. Vijay Kumar Singh] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Area: |
7000 Sq. Ft. [As per site visit] |
|
Locality: |
Commercial [As per site visit] |
PARTNERS
|
Name : |
Mr. Sanjoy Bhusan Dutta |
|
Designation : |
Partner |
|
Date of Birth/Age : |
02.09.1942 |
|
Experience : |
45 Years |
|
Aadhar No. No.: |
775988906979 |
|
PAN No.: |
ADIPD6425F |
|
|
|
|
Name : |
Mr. Prasanjit Roy |
|
Designation : |
Partner |
|
Date of Birth/Age : |
07.10.1978 |
|
Experience : |
20 Years |
|
PAN No.: |
ADIPR9591E |
|
|
|
|
Name : |
Mr. Vijay Kumar Singh |
|
Designation : |
Partner |
|
Date of Birth/Age : |
20.12.1970 |
|
Experience : |
45 Years |
|
Aadhar No. No.: |
775988906979 |
|
PAN No.: |
ATIPS3189F |
BUSINESS DETAILS
|
Line of Business : |
Service Provider of Cold Storage and Blast Freezer facilities for
Fish, Meat, Chicken and Vegetables, etc. [Confirmed by Management] |
|
|
|
|
Brand Names : |
Not Available |
|
|
|
|
Agencies Held : |
Not Available |
|
|
|
|
Exports : |
Not Available |
|
|
|
|
Imports : |
Not Available |
|
|
|
|
Terms : |
|
|
Selling : |
Cash, Cheque, RTGS and NEFT |
|
|
|
|
Purchasing : |
Cash, Cheque, RTGS and NEFT |
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Customers : |
Manufacturer, Retailers, Wholesalers, Agriculture, Distributor, Hotels
and Trading Firms
|
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
No. of Employees : |
09 [Approximately] |
||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||
|
Bankers : |
|
|
|
|
|
Auditors : |
|
|
Name : |
Subrat Mohanty and Associates Chartered Accountants |
|
Address : |
7/1A,Grant Lane, Kolkata - 700012, West Bengal, India |
|
Tel. No.: |
91-33-22258936 |
|
Mob. No.: |
91-9433049447 |
|
Email: |
|
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associates/Subsidiaries : |
Not Available |
CAPITAL STRUCTURE
AS ON 31.03.2017
|
Name of the partners |
Opening Balance |
Introduction during the year |
Withdrawal during the year |
Remuneration |
Share to net profit/loss |
Closing Balance |
|
Sanjay Bhusan Dutta |
4.088 |
1.325 |
0.141 |
0.030 |
0.040 |
5.343 |
|
Prasanjit Roy |
0.363 |
0.000 |
0.000 |
0.030 |
0.017 |
0.409 |
|
Sidhartha Dutta |
2.306 |
0.000 |
0.000 |
0.025 |
0.006 |
2.337 |
|
Vijay Kumar Singh |
0.088 |
0.000 |
0.080 |
0.240 |
0.003 |
0.076 |
|
|
|
|
|
|
|
|
|
Total |
6.845 |
1.325 |
0.221 |
0.325 |
0.066 |
8.165 |
FINANCIAL ANALYSIS
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Capital Account |
8.165 |
6.670 |
5.029 |
|
|
2] Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
|
NETWORTH |
8.165 |
6.670 |
5.029 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
4.217 |
4.854 |
0.000 |
|
|
2] Unsecured Loans |
0.400 |
0.400 |
0.000 |
|
|
TOTAL BORROWING |
4.617 |
5.254 |
0.000 |
|
|
DEFERRED TAX LIABILITIES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
12.782 |
11.924 |
5.029 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
8.464 |
9.923 |
3.035 |
|
|
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
0.000 |
0.000 |
0.000 |
|
|
DEFERRED TAX ASSETS |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
0.000 |
0.000 |
0.000 |
|
|
Sundry Debtors |
4.239
|
3.245
|
0.000
|
|
|
Cash & Bank Balances |
0.339
|
0.087
|
0.552
|
|
|
Other Current Assets |
0.000
|
0.000
|
0.063
|
|
|
Loans & Advances |
1.789
|
3.440
|
1.966
|
|
Total
Current Assets |
6.367
|
6.772
|
2.581
|
|
|
Less :
CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
0.202
|
0.722
|
0.359
|
|
|
Other Current Liabilities |
0.997
|
0.877
|
0.031
|
|
|
Provisions |
0.850
|
3.172
|
0.197
|
|
Total
Current Liabilities |
2.049
|
4.771
|
0.587
|
|
|
Net Current Assets |
4.318
|
2.001
|
1.994
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
12.782 |
11.924 |
5.029 |
|
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Cold Storage Charges |
10.244 |
7.070 |
0.000 |
|
|
|
Other Income |
0.136 |
0.089 |
0.000 |
|
|
|
TOTAL |
10.380 |
7.159 |
1.177 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Auditor remuneration |
0.015 |
0.017 |
0.000 |
|
|
|
AMC charges |
0.225 |
0.000 |
0.000 |
|
|
|
Advertisement |
0.000 |
0.008 |
0.000 |
|
|
|
Brokerage charges |
0.000 |
0.000 |
0.137 |
|
|
|
Cold storage maintenance charges |
0.150 |
0.132 |
0.000 |
|
|
|
Consultancy charges |
0.024 |
0.096 |
0.000 |
|
|
|
Consumer stores |
0.137 |
0.152 |
0.000 |
|
|
|
Conveyance and travelling expenses |
0.010 |
0.011 |
0.042 |
|
|
|
Electricity charges |
4.761 |
2.657 |
0.000 |
|
|
|
General charges |
0.024 |
0.052 |
0.018 |
|
|
|
General exp. |
0.047 |
0.000 |
0.000 |
|
|
|
Insurance charges |
0.048 |
0.058 |
0.000 |
|
|
|
Leave and license fees |
1.105 |
1.040 |
0.192 |
|
|
|
Legal and professional fees |
0.020 |
0.069 |
0.000 |
|
|
|
Motor car exp. |
0.000 |
0.014 |
0.000 |
|
|
|
Printing and stationery |
0.010 |
0.007 |
0.004 |
|
|
|
Processing charges |
0.010 |
0.003 |
0.000 |
|
|
|
Professional tax |
0.006 |
0.003 |
0.000 |
|
|
|
Rates and taxes |
0.004 |
0.034 |
0.047 |
|
|
|
Repair and maintenance |
0.279 |
0.624 |
0.647 |
|
|
|
Testing charges |
0.000 |
0.000 |
0.050 |
|
|
|
Salary paid of staff |
0.744 |
0.834 |
0.000 |
|
|
|
Bonus paid for staff |
0.065 |
0.000 |
0.000 |
|
|
|
Security guard exp. |
0.105 |
0.211 |
0.000 |
|
|
|
Service charges for CESC limited |
0.000 |
0.229 |
0.040 |
|
|
|
Subscription |
0.000 |
0.001 |
0.000 |
|
|
|
UP front fees |
0.000 |
0.058 |
0.000 |
|
|
|
Partner Remuneration |
0.325 |
0.150 |
0.000 |
|
|
|
TOTAL |
8.114 |
6.460 |
1.177 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, DEPRECIATION
AND AMORTISATION |
2.266 |
0.699 |
(1.177) |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
0.714 |
0.431 |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE DEPRECIATION AND
AMORTISATION |
1.525 |
0.268 |
(1.177) |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/ AMORTISATION |
1.485 |
0.839 |
0.000 |
|
|
|
|
|
|
|
|
|
|
NET
PROFIT/ (LOSS) |
0.067 |
(0.571) |
(1.177) |
|
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
151.04 |
167.53 |
0.00 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
2.42 |
2.18 |
0.00 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.27 |
0.07 |
(0.39) |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total Assets) |
0.45 |
0.60 |
0.10 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.57 |
0.79 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.30 |
0.78 |
0.12 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
1.04 |
1.49 |
0.60 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
3.17 |
1.62 |
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
0.65 |
(8.08) |
0.00 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
0.45 |
(3.42) |
(20.96) |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
0.82 |
(8.56) |
(23.40) |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current Assets / Current Liabilities) |
2.60 |
1.31 |
4.40 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
2.60 |
1.31 |
4.40 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.55 |
0.40 |
0.90 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.57 |
0.79 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
2.60 |
1.31 |
4.40 |
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
|
Particulars |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Partners’ Capital |
5.029 |
6.670 |
8.165 |
|
Reserves & Surplus |
0.000 |
0.000 |
0.000 |
|
Net
worth |
5.029 |
6.670 |
8.165 |
|
|
|
|
|
|
Secured Loans |
0.000 |
4.854 |
4.217 |
|
Unsecured Loans |
0.000 |
0.400 |
0.400 |
|
Total
borrowings |
0.000 |
5.254 |
4.617 |
|
Debt/Equity
ratio |
0.000 |
0.788 |
0.565 |
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 |
|
Cold Storage Charges |
0.000 |
7.070 |
10.244 |
|
|
|
|
44.894 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Cold Storage Charges |
0.000 |
7.070 |
10.244 |
|
Profit/(Loss) |
(1.177) |
(0.571) |
0.067 |
|
|
|
(8.08%) |
0.65% |
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 |
Yes |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
Yes |
|
8 |
Designation of contact person |
Yes |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners /
Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
Yes |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
Yes |
|
20 |
Banking Details |
Yes |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
Yes |
|
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 |
Yes |
|
29 |
Profitability for last three years |
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 |
Yes |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
OBSERVATION POINTS
|
Name of Company : |
S B DUTTA AND ASSOCIATES |
|
|
|
|
Address : |
670, Uttar Panchanan Gram, Paschim Chow Bagha, Kolkata -700100, West
Bengal, India |
|
Contact No.: |
91-9831501750 |
|
|
|
|
Person to whom we met: |
Mr. Vijay Kumar Singh [Partner] |
|
|
|
|
Name Board : |
Sighted |
|
|
|
|
Location: |
Easy |
|
|
|
|
Landmark (If Any): |
Opposite Hotel Landmark |
|
|
|
|
Total Floors of the Building : |
2 Floors |
|
|
|
|
Subject situated on: |
Ground Floor |
|
|
|
|
Locality: |
Commercial |
|
|
|
|
Area of Premises : |
7000 Sq. Ft. |
|
|
|
|
Area : |
Upmarket |
|
|
|
|
No. of employees seen at premises: |
09 (Approx.) |
|
|
|
|
Visibility of
Items: |
·
Telephone · Computers ·
Air Conditioner ·
Office Equipment |
|
|
|
|
Proof of visit: |
Photos |
----------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MR. VIJAY KUMAR SINGH
[PARTNER]
|
SOURCES OF FUNDS |
|
|
31.03.2016 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Capital Account |
|
|
1.106 |
|
|
2] Reserves & Surplus |
|
|
0.000 |
|
|
NETWORTH |
|
|
1.106 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.000
|
|
|
2] Unsecured Loans |
|
|
0.000
|
|
|
TOTAL BORROWING |
|
|
0.000
|
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
1.106 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
0.000
|
|
|
Capital work-in-progress |
|
|
0.000
|
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.561 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000
|
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000
|
|
|
Sundry Debtors |
|
|
0.000
|
|
|
Cash & Bank Balances |
|
|
0.532
|
|
|
Other Current Assets |
|
|
0.013
|
|
|
Loans & Advances |
|
|
0.000
|
|
Total
Current Assets |
|
|
0.545
|
|
|
Less :
CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
|
|
|
Other Current Liabilities |
|
|
|
|
|
Provisions |
|
|
|
|
Total
Current Liabilities |
|
|
0.000
|
|
|
Net Current Assets |
|
|
0.545
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000
|
|
|
|
|
|
|
|
|
TOTAL |
|
|
1.106 |
|
PROFIT AND LOSS ACCOUNT
|
Particulars |
31.03.2016 |
Particulars |
31.03.2016 |
|
|
|
By Interest by loan
- Motex Trader Private Limited |
|
|
|
|
By Interest on PPF |
0.036 |
|
|
|
By Interest from partnership firm |
0.006 |
|
|
|
S B Dutta and
associates |
|
|
|
|
As salary |
0.150 |
|
|
|
As interest on capital |
0.000 |
|
|
|
As share of profit/(loss) from |
(0.088) |
|
|
|
By Bank interest |
0.001 |
|
To Net Profit transferred to capital account |
0.205 |
By Accounting charges |
0.100 |
|
|
|
|
|
|
Total |
0.205 |
Total |
0.205 |
---------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MR. SANJOY BHUSAN
DUTTA [PARTNER]
|
SOURCES OF FUNDS |
|
|
31.03.2016 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Capital Account |
|
|
0.622 |
|
|
2] Reserves & Surplus |
|
|
0.000 |
|
|
NETWORTH |
|
|
0.622 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
0.022 |
|
|
2] Unsecured Loans |
|
|
3.548 |
|
|
TOTAL BORROWING |
|
|
3.570 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
4.192 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
8.309 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
4.342 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000 |
|
|
Sundry Debtors |
|
|
0.000 |
|
|
Cash & Bank Balances |
|
|
1.393 |
|
|
Other Current Assets |
|
|
0.076
|
|
|
Loans & Advances |
|
|
1.929
|
|
Total
Current Assets |
|
|
3.398
|
|
|
Less :
CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
0.000
|
|
|
Other Current Liabilities |
|
|
11.857
|
|
|
Provisions |
|
|
0.000
|
|
Total
Current Liabilities |
|
|
11.857
|
|
|
Net Current Assets |
|
|
(8.459)
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
4.192 |
|
PROFIT AND LOSS ACCOUNT
|
|
PARTICULARS |
|
|
31.03.2016 |
|
|
|
SALES |
|
|
|
|
|
|
|
Sales |
|
|
0.340 |
|
|
|
Other Income |
|
|
0.062 |
|
|
|
TOTAL |
|
|
0.402 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Loan from mutual fund |
|
|
0.022 |
|
|
|
Loss from S B Dutta Enterprise |
|
|
0.137 |
|
|
|
Loss from S B and association |
|
|
0.343 |
|
|
|
TOTAL |
|
|
0.502 |
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, DEPRECIATION
AND AMORTISATION |
|
|
(0.100) |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL EXPENSES |
|
|
0.008 |
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE DEPRECIATION AND
AMORTISATION |
|
|
(0.108) |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/ AMORTISATION |
|
|
0.000 |
|
|
|
|
|
|
|
|
|
|
NET
PROFIT/ (LOSS) |
|
|
(0.108) |
|
---------------------------------------------------------------------------------------------------------------------------
BALANCE SHEET
MR. PRASANJIT ROY
[PARTNER]
|
SOURCES OF FUNDS |
|
|
31.03.2016 |
|
|
SHAREHOLDERS FUNDS |
|
|
|
|
|
1] Capital Account |
|
|
0.191 |
|
|
2] Reserves & Surplus |
|
|
0.000 |
|
|
NETWORTH |
|
|
0.191 |
|
|
LOAN FUNDS |
|
|
|
|
|
1] Secured Loans |
|
|
|
|
|
2] Unsecured Loans |
|
|
0.000 |
|
|
TOTAL BORROWING |
|
|
1.609 |
|
|
DEFERRED TAX LIABILITIES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
1.800 |
|
|
|
|
|
|
|
|
APPLICATION OF
FUNDS |
|
|
|
|
|
|
|
|
|
|
|
FIXED ASSETS [Net Block] |
|
|
0.146 |
|
|
Capital work-in-progress |
|
|
0.000 |
|
|
|
|
|
|
|
|
INVESTMENT |
|
|
0.293 |
|
|
DEFERRED TAX ASSETS |
|
|
0.000 |
|
|
|
|
|
|
|
|
CURRENT ASSETS, LOANS & ADVANCES |
|
|
|
|
|
|
Inventories |
|
|
0.000 |
|
|
Sundry Debtors |
|
|
0.069 |
|
|
Cash & Bank Balances |
|
|
0.153 |
|
|
Other Current Assets |
|
|
0.030
|
|
|
Loans & Advances |
|
|
1.459
|
|
Total
Current Assets |
|
|
1.711
|
|
|
Less :
CURRENT LIABILITIES & PROVISIONS |
|
|
|
|
|
|
Sundry Creditors |
|
|
0.000
|
|
|
Other Current Liabilities |
|
|
0.350
|
|
|
Provisions |
|
|
0.000
|
|
Total
Current Liabilities |
|
|
0.350
|
|
|
Net Current Assets |
|
|
1.361
|
|
|
|
|
|
|
|
|
MISCELLANEOUS EXPENSES |
|
|
0.000 |
|
|
|
|
|
|
|
|
TOTAL |
|
|
1.800 |
|
PROFIT AND LOSS ACCOUNT
|
Expenditure |
31.03.2016 |
Income |
31.03.2016 |
|
|
|
|
|
|
To Bank Charges |
0.000 |
By Bank interest |
0.004 |
|
To Trade License fees |
0.002 |
By Interest on loan |
0.024 |
|
|
|
By Dividend |
0.000 |
|
Net profit during the year |
0.405 |
By Profit from P R foods |
0.379 |
|
|
|
|
|
|
Total |
0.407 |
Total |
0.407 |
---------------------------------------------------------------------------------------------------------------------------
CALCULATION OF D.S.C.R
(INR
IN MILLION)
|
Particulars |
OPERATING YEARS |
||
|
|
2018-19 [Projected] |
2019-20 [Projected] |
2020-21 [Projected] |
|
Profit after Tax & Dividends |
5.007 |
6.024 |
7.023 |
|
|
|
|
|
|
Add: Depreciation |
1.502 |
1.278 |
1.087 |
|
|
|
|
|
|
Interest on cash credit |
0.305 |
0.307 |
0.309 |
|
|
|
|
|
|
Interest on term loan |
0.239 |
0.063 |
0.000 |
|
|
|
|
|
|
Total |
7.053 |
7.677 |
8.419 |
|
|
|
|
|
|
Interest on term loan |
0.239 |
0.068 |
0.000 |
|
|
|
|
|
|
Interest on cash credit |
0.305 |
0.307 |
0.309 |
|
|
|
|
|
|
Repayment of term loan |
1.472 |
0.968 |
0.000 |
|
|
|
|
|
|
Total |
2.016 |
1.343 |
0.309 |
|
|
|
|
|
|
DSCR |
0.350 |
0.572 |
2.725 |
|
|
|
|
|
|
Average |
3.08 |
||
------------------------------------------------------------------------------------------------------------------------------
COST OF PROJECT
(INR
IN MILLION)
|
PARTICULARS |
Amount |
|
Cost of the project (Proposed addition) |
6.475 |
|
|
---------- |
|
Total |
6.475 |
------------------------------------------------------------------------------------------------------------------------------
MEANS OF
PROJECT
(INR
IN MILLION)
|
PARTICULARS |
Amount |
|
Term loan |
|
|
Promoters contribution |
1.619 |
|
Bank finance |
4.856 |
|
|
---------- |
|
Total |
6.475 |
------------------------------------------------------------------------------------------------------------------------------
RATIOS
ANALSIS
(INR
IN MILLION)
|
Particulars |
OPERATING YEARS |
||
|
|
2018-19 [Projected] |
2019-20 [Projected] |
2020-21 [Projected] |
|
CURRENT ASSETS |
|
|
|
|
Sundry debtors |
3.616 |
3.978 |
4.375 |
|
|
|
|
|
|
Loans &advance |
0.500 |
0.600 |
0.700 |
|
|
|
|
|
|
Security deposit |
1.583 |
1.583 |
1.583 |
|
|
|
|
|
|
Cash & bank balance |
14.492 |
20.876 |
28.996 |
|
|
|
|
|
|
Total |
20.191 |
27.037 |
35.654 |
|
|
|
|
|
|
CURRENT LIABILITIES
|
|
|
|
|
Sundry creditor |
0.266 |
0.293 |
0.322 |
|
|
|
|
|
|
Provision for income tax |
2.239 |
2.694 |
3.141 |
|
|
|
|
|
|
Liabilities for exp. |
0.330 |
0.352 |
0.376 |
|
|
|
|
|
|
Cash credit |
1.220 |
1.228 |
1.235 |
|
|
|
|
|
|
Term loan payable |
1.472 |
0.968 |
0.000 |
|
|
|
|
|
|
Total |
5.527 |
5.535 |
5.074 |
|
|
|
|
|
|
Current ratio |
3.65 |
4.88 |
7.03 |
----------------------------------------------------------------------------------------------------------------------------
BREAK EVEN POINT
(INR
IN MILLION)
|
Particulars |
OPERATING YEARS |
|||
|
|
2018-19 [Projected] |
2019-20 [Projected] |
2020-21 [Projected] |
2021-22 [Projected] |
|
SALES |
20.021 |
22.038 |
24.259 |
26.705 |
|
|
|
|
|
|
|
Variable cost |
|
|
|
|
|
Repair and maintenance |
0.484 |
0.532 |
0.585 |
0.644 |
|
|
|
|
|
|
|
Other expenses |
1.452 |
1.597 |
1.757 |
1.933 |
|
|
|
|
|
|
|
Interest on working capital |
0.276 |
0.305 |
0.307 |
0.309 |
|
|
|
|
|
|
|
Power and fuel |
7.502 |
8.252 |
9.077 |
9.985 |
|
|
|
|
|
|
|
Total variable |
9.714 |
10.686 |
11.726 |
12.871 |
|
|
|
|
|
|
|
Contribution |
10.307 |
11.352 |
12.533 |
13.834 |
|
|
|
|
|
|
|
Profit volume ratio |
0.051 |
0.052 |
0.052 |
0.052 |
|
|
|
|
|
|
|
Fixed Expense |
|
|
|
|
|
Salary and wages |
0.755 |
0.831 |
0.914 |
1.005 |
|
|
|
|
|
|
|
Rent depreciation |
1.200 |
1.320 |
1.320 |
1.320 |
|
|
|
|
|
|
|
Adm. & selling exp. |
1.767 |
1.502 |
1.278 |
1.087 |
|
|
|
|
|
|
|
Interest on term loan |
0.109 |
0.120 |
0.132 |
0.145 |
|
|
|
|
|
|
|
Insurance |
0.480 |
0.239 |
0.068 |
0.000 |
|
|
|
|
|
|
|
Total fixed coat |
0.085 |
0.096 |
0.103 |
0.113 |
|
|
|
|
|
|
|
Break even sales |
4.396 |
4.106 |
3.815 |
3.670 |
|
|
|
|
|
|
|
Break even |
43.05 |
35.83 |
30.24 |
26.43 |
|
|
|
|
|
|
|
Average BEP |
|
|||
------------------------------------------------------------------------------------------------------------------------------
PROJECTED BALANCE SHEET
(INR
IN MILLION)
|
Particulars |
OPERATING YEARS |
|||||
|
|
2018-19 [Projected] |
2019-20 [Projected] |
2020-21 [Projected] |
2021-22 [Projected] |
2022-23 [Projected] |
2023-24 [Projected] |
|
LIABILITIES |
|
|
|
|
|
|
|
Partners capital |
9.784 |
9.784 |
9.784 |
9.784 |
9.784 |
9.784 |
|
|
|
|
|
|
|
|
|
Net profit |
1.824 |
4.889 |
8.974 |
13.981 |
20.005 |
27.028 |
|
|
|
|
|
|
|
|
|
Term loan |
6.384 |
4.412 |
2.440 |
0.968 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
|
Cash credit |
1.017 |
1.094 |
1.102 |
1.220 |
1.228 |
1.235 |
|
|
|
|
|
|
|
|
|
Current liabilities
and provisions |
|
|
|
|
|
|
|
Sundry creditors |
0.200 |
0.220 |
0.242 |
0.266 |
0.293 |
0.322 |
|
|
|
|
|
|
|
|
|
Provision for income tax |
0.815 |
1.371 |
1.826 |
2.239 |
2.694 |
3.141 |
|
|
|
|
|
|
|
|
|
Liabilities for expenses |
0.296 |
0.282 |
0.300 |
0.330 |
0.352 |
0.376 |
|
|
|
|
|
|
|
|
|
Total |
20.320 |
22.052 |
24.668 |
28.788 |
34.356 |
41.886 |
|
|
|
|
|
|
|
|
|
Assets |
|
|
|
|
|
|
|
Fixed assets |
13.946 |
11.866 |
10.099 |
8.597 |
7.319 |
6.232 |
|
|
|
|
|
|
|
|
|
Current assets,
loans and advances |
|
|
|
|
|
|
|
Security deposit |
1.583 |
1.583 |
1.583 |
1.583 |
1.583 |
1.583 |
|
Sundry debtors |
2.717 |
2.988 |
3.287 |
3.616 |
3.978 |
4.375 |
|
|
|
|
|
|
|
|
|
Loans & advances |
0.200 |
0.300 |
0.400 |
0.500 |
0.600 |
0.700 |
|
|
|
|
|
|
|
|
|
Cash & bank balance |
1.874 |
5.315 |
9.299 |
14.492 |
20.876 |
28.996 |
|
|
|
|
|
|
|
|
|
Total |
20.320 |
22.052 |
24.668 |
28.788 |
34.356 |
41.886 |
------------------------------------------------------------------------------------------------------------------------------
PROJECTED PROFIT AND LOSS
(INR
IN MILLION)
|
Particulars |
OPERATING YEARS |
|||||
|
|
2018-19 [Projected] |
2019-20 [Projected] |
2020-21 [Projected] |
2021-22 [Projected] |
2022-23 [Projected] |
2023-24 [Projected] |
|
INCOME |
|
|
|
|
|
|
|
Sales of service |
16.300 |
17.930 |
19.723 |
21.695 |
23.865 |
26.252 |
|
|
|
|
|
|
|
|
|
Other income |
0.225 |
0.259 |
0.293 |
0.343 |
0.394 |
0.453 |
|
|
|
|
|
|
|
|
|
Total |
16.525 |
18.18 |
20.021 |
22.038 |
24.259 |
26.705 |
|
|
|
|
|
|
|
|
|
Expenditure |
|
|
|
|
|
|
|
Rent |
1.200 |
1.200 |
1.200 |
1.320 |
1.320 |
1.320 |
|
|
|
|
|
|
|
|
|
Salary & wages |
0.988 |
0.687 |
0.755 |
0.831 |
0.914 |
1.005 |
|
|
|
|
|
|
|
|
|
Power & fuel |
6.200 |
6.820 |
7.502 |
8.252 |
9.077 |
9.985 |
|
|
|
|
|
|
|
|
|
Total |
8.388 |
8.707 |
9.457 |
10.403 |
11.311 |
12.310 |
|
|
|
|
|
|
|
|
|
Gross Profit |
8.137 |
9.482 |
10.564 |
11.635 |
12.948 |
14.395 |
|
|
|
|
|
|
|
|
|
Repair & maintenance |
0.400 |
0.440 |
0.484 |
0.532 |
0.585 |
0.644 |
|
|
|
|
|
|
|
|
|
Adm. & selling exp. |
0.090 |
0.099 |
0.109 |
0.120 |
0.132 |
0.145 |
|
|
|
|
|
|
|
|
|
Insurance |
0.070 |
0.077 |
0.085 |
0.094 |
0.103 |
0.113 |
|
|
|
|
|
|
|
|
|
Other exp. |
1.200 |
1.320 |
1.452 |
1.597 |
1.757 |
1.933 |
|
|
|
|
|
|
|
|
|
Total |
1.760 |
1.936 |
2.130 |
2.343 |
2.577 |
2.835 |
|
|
|
|
|
|
|
|
|
PBIDIT |
6.377 |
7.546 |
8.434 |
9.292 |
10.371 |
11.560 |
|
|
|
|
|
|
|
|
|
Interest on term loan |
1.032 |
0.756 |
0.480 |
0.239 |
0.068 |
0.000 |
|
|
|
|
|
|
|
|
|
Interest on working capital loan |
0.254 |
0.274 |
0.276 |
0.305 |
0.307 |
0.309 |
|
|
|
|
|
|
|
|
|
Depreciation |
2.452 |
2.080 |
1.767 |
1.502 |
1.278 |
1.087 |
|
|
|
|
|
|
|
|
|
Total |
3.738 |
3.110 |
2.523 |
2.046 |
1.653 |
1.396 |
|
|
|
|
|
|
|
|
|
Profit before Tax |
2.639 |
4.436 |
5.911 |
7.246 |
8.718 |
10.164 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax |
0.815 |
1.371 |
1.826 |
2.239 |
2.694 |
3.141 |
|
|
|
|
|
|
|
|
|
Net profit |
1.824 |
3.065 |
4.085 |
5.007 |
6.024 |
7.023 |
|
|
|
|
|
|
|
|
|
Profit before Tax |
2.639 |
4.436 |
5.911 |
7.246 |
8.718 |
10.164 |
|
|
|
|
|
|
|
|
|
Depreciation |
2.452 |
2.080 |
1.767 |
1.502 |
1.278 |
1.087 |
|
|
|
|
|
|
|
|
|
Interest on term loan |
1.032 |
0.756 |
0.480 |
0.239 |
0.068 |
0.000 |
|
|
|
|
|
|
|
|
|
Gross operating
surplus |
6.123 |
7.272 |
8.158 |
8.967 |
10.064 |
11.251 |
|
|
|
|
|
|
|
|
|
Cumulative GOS |
6.123 |
13.395 |
21.553 |
30.540 |
40.604 |
51.855 |
-----------------------------------------------------------------------------------------------------------------------------
WORKING CAPITAL REQUIREMENTS
(INR IN MILLION)
|
Particulars |
2018-19 [Projected] |
2019-20 [Projected] |
2020-21 [Projected] |
2021-22 [Projected] |
2022-23 [Projected] |
2023-24 [Projected] |
|
CURRENT ASSETS |
|
|
|
|
|
|
|
Sundry debtors |
2.717 |
2.988 |
3.287 |
3.616 |
3.978 |
4.375 |
|
|
|
|
|
|
|
|
|
Security deposit |
1.583 |
1.583 |
1.583 |
1.583 |
1.583 |
1.583 |
|
|
|
|
|
|
|
|
|
Loans & advances |
0.200 |
0.300 |
0.400 |
0.500 |
0.600 |
0.700 |
|
|
|
|
|
|
|
|
|
Total |
4.500 |
4.871 |
5.270 |
5.699 |
6.161 |
6.658 |
|
|
|
|
|
|
|
|
|
CURRENT LIABILITIES
|
|
|
|
|
|
|
|
Sundry creditors |
0.200 |
0.220 |
0.242 |
0.266 |
0.293 |
0.322 |
|
|
|
|
|
|
|
|
|
Liabilities for exp. |
0.296 |
0.282 |
0.300 |
0.330 |
0.352 |
0.376 |
|
|
|
|
|
|
|
|
|
Total |
0.496 |
0.502 |
0.542 |
0.596 |
0.645 |
0.698 |
|
|
|
|
|
|
|
|
|
Working capital |
4.004 |
4.369 |
4.728 |
5.103 |
5.516 |
5.960 |
|
|
|
|
|
|
|
|
|
Margin for working cap |
2.987 |
3.275 |
3.626 |
3.883 |
4.288 |
4.725 |
|
|
|
|
|
|
|
|
|
Permissible bank finance |
1.017 |
1.094 |
1.102 |
1.220 |
1.228 |
1.235 |
|
|
|
|
|
|
|
|
|
Interest on bank finance |
2.54 |
2.74 |
2.76 |
3.05 |
3.07 |
3.09 |
-----------------------------------------------------------------------------------------------------------------------------
CASH FLOW STATEMENT
(INR IN MILLION)
|
Particulars |
2018-19 [Projected] |
2019-20 [Projected] |
2020-21 [Projected] |
2021-22 [Projected] |
2022-23 [Projected] |
2023-24 [Projected] |
|
INFLOW |
|
|
|
|
|
|
|
Net Profit |
1.824 |
3.065 |
4.085 |
5.007 |
6.024 |
7.023 |
|
|
|
|
|
|
|
|
|
Depreciation |
2.452 |
2.080 |
1.767 |
1.502 |
1.278 |
1.087 |
|
|
|
|
|
|
|
|
|
Increase in S creditors |
0.200 |
0.020 |
0.022 |
0.024 |
0.027 |
0.029 |
|
|
|
|
|
|
|
|
|
Increase in cash credit |
1.017 |
0.077 |
0.008 |
0.118 |
0.008 |
0.007 |
|
|
|
|
|
|
|
|
|
Increase in term loan |
8.356 |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
Increase in capital |
9.784 |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
Increase in liabilities |
0.296 |
(0.014) |
0.018 |
0.030 |
0.022 |
0.024 |
|
|
|
|
|
|
|
|
|
Increase in provision for I. tax |
0.815 |
0.556 |
0.455 |
0.413 |
0.455 |
0.447 |
|
|
|
|
|
|
|
|
|
Total |
24.744 |
5.784 |
6.355 |
7.095 |
7.814 |
8.617 |
|
|
|
|
|
|
|
|
|
OUTFLOW |
|
|
|
|
|
|
|
Increase in fixed assets |
16.398 |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
Security deposit |
1.583 |
-- |
-- |
-- |
-- |
-- |
|
|
|
|
|
|
|
|
|
Repayment of term loan |
1.972 |
1.972 |
1.972 |
1.472 |
0.968 |
-- |
|
Increase in loans and advances |
0.200 |
0.100 |
0.100 |
0.100 |
0.100 |
0.100 |
|
|
|
|
|
|
|
|
|
Increase in debtors |
2.717 |
0.271 |
0.299 |
0.329 |
0.362 |
0.397 |
|
|
|
|
|
|
|
|
|
Total |
22.870 |
2.343 |
2.371 |
1.901 |
1.430 |
0.497 |
|
|
|
|
|
|
|
|
|
Net surplus |
1.74 |
3.441 |
3.984 |
5.193 |
6.384 |
8.120 |
|
|
|
|
|
|
|
|
|
Op. balance |
-- |
1.874 |
5.315 |
9.299 |
14.492 |
20.876 |
|
|
|
|
|
|
|
|
|
Cl. balance |
1.874 |
5.315 |
9.299 |
14.492 |
20.876 |
28.996 |
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MR. VIJAYA KUMAR SINGH (PARTNER)
(INR IN MILLION)
ASSETS
IMMOVABLE
PROPRIETARY
Govt. Securities/NSCs/shares
of listed companies:
|
Description of security |
Face value |
Market value |
|
Shares |
-- |
0.035 |
|
Total |
|
0.035 |
Investments in
business:
|
Name of the
company/firm concern in which investment is made |
Amount |
|
PPF |
0.075 |
|
S B Dutta Enterprises |
0.100 |
Deposits held with
banks:
|
Name of the bank |
Nature of deposits held |
Amount Deposits |
|
State bank of India |
Saving A/c |
0.016 |
|
UBI |
Saving A/c |
0.003 |
|
|
|
|
|
TOTAL |
|
0.018 |
Other assets owned
|
Nature description of assets |
Original cost |
Depreciated value |
Approx. Market value |
Encumbrance if any |
|
Loans & advances |
0.438 |
-- |
0.438 |
No |
|
Cash in hand |
0.439 |
-- |
0.439 |
No |
TOTAL ASSETS: INR
1.105 MILLION
TOTAL LIABILITIES:
NIL
NETWORTH: INR 1.105 MILLION
------------------------------------------------------------------------------------------------------------------------------
NETWORTH STATEMENT
MR. SANJOY BHUSAN DUTTA (PARTNER)
(INR IN MILLION)
ASSETS
IMMOVABLE
PROPRIETARY
|
Name of the owner |
Depreciation of propriety |
Location/address of propriety |
Extern of land |
Extent of building area constructed |
|
Sanjoy Bhusan Dutta |
NA |
98, Raj Danga Gold Park, Kolkata-700107 |
Flat |
1000 sq. ft. |
|
Extent of building area constructed |
Type of property i.e. whether
residential/agricultural/ industrial/ commercial, etc. |
Details of documents conferring right |
Date of purchase of property |
|
1000 sq. ft. |
Residential |
Title deed |
2000 |
|
14400 sq. ft. |
Commercial land |
Title deed |
2005 |
|
Original purchase coat |
Present market value |
Details of encumbrances, if any, on the
propriety |
|
1.098 |
10.000 |
Mortgage with ICICI Bank |
|
4.281 |
80.000 |
Free hold |
|
Total |
90.000 |
|
Govt.
Securities/NSCs/shares of listed companies:
|
Description of security |
Face value |
Market value |
|
Shares & mutual fund |
-- |
0.004 |
|
Total |
|
0.004 |
Investments in
business:
|
Name of the company/firm
concern in which investment is made |
Amount |
|
S B Dutta & Enterprises |
4.088 |
|
S B Exports |
0.251 |
Deposits held with
banks:
|
Name of the bank |
Nature of deposits held |
Amount Deposits |
|
HDFC Bank |
Saving A/c |
1.257 |
|
Standard Chartered |
Saving A/c |
0.001 |
|
IndusInd Bank |
Saving A/c |
0.000 |
|
State Bank of India |
Saving A/c |
0.002 |
|
ICICI Bank |
Saving A/c |
0.000 |
|
Kotak Mahindra Bank |
Saving A/c |
0.000 |
|
Corporation Bank |
Saving A/c |
0.002 |
|
TOTAL |
|
1.261 |
Other assets owned
|
Nature description
of assets |
Original cost |
Depreciated value |
Approx. Market value |
Encumbrance if any |
|
Gold |
0.693 |
-- |
1.200 |
NO |
|
Computer |
0.131 |
-- |
0.131 |
NO |
|
Furniture |
0.037 |
-- |
0.037 |
NO |
|
Car space |
0.188 |
-- |
0.600 |
NO |
|
Loan & advances |
2.004 |
-- |
2.004 |
NO |
|
|
|
|
|
|
|
Total |
|
|
3.973 |
|
TOTAL ASSETS: INR 99.577
MILLION
LIABILITIES
Borrowings from banks and
financial institution
|
Nature of the institution/bank |
Details of nature and extent of credit
limit/ facilities enjoy |
Details of securities furnished |
|
Axis Bank |
Over draft |
0.022 |
Borrowings from others
|
Name of the lender |
Amount borrowed |
Details of securities |
|
Unsecured loan |
3.548 |
3.548 |
Other Liabilities
|
Nature of
liabilities |
Extent of liabilities |
|
Current Liabilities |
11.857 |
TOTAL LIABILITIES:
INR 15.427 MILLION
NETWORTH: INR 84.150 MILLION
------------------------------------------------------------------------------------------------------------------------------
COMPANY PROFILE
The promoters Mr. Sanjoy Bhusan Dutta is very dynamic and possesses the required technical expertise managerial competence and financial resourcefulness for the success of the business. He is into business since last four decodes. Since the inception he caring on the business with profitability.
Mr. Dutta had entered in the business of the ice factory and cold storage since 1978. Initially the business of the firm was carried out in the name and style of S B Dutta Enterprise, and the some firm had operated since 1978 to 2014 with increase profitability and turnover. Since4 inception the unit was located at 13, Bediadanga for commercial 1st Lane, Kolkata - 70003. During those days that patch of area of Kolkata was converted into residential are and the government put restriction on carrying and commercial activity in on around that area. Which compelled them to shift the warehouse to the new location. Hence Mr. Dutta Dissolved the earlier firm and formed a new firm of partnership in the name and style S B Dutta and Associates.
During those 42 years of operation the warehouse had undergone with up gradations for which the firm had availed term loan facilities from West Bangal financial corporation and out of the business profit they repaid all those loans before the due dates.
Another partner Mr. Prasanjit Roy is having an experience of 19 years. It was earlier working with Mr. Dutta at his Picnic garden cold storage. Other than that he is also having a business of trading of goods items. He is very dynamic and a person of marketing.
The other partner Mr. Vijay Kumar Singh is dynamic young hardworking and a person of finance and account. He shall be taking care of all the financial and accounting matters of the firm. He is associated with the firm since 2000.
FIXED ASSETS
· Plant and Machinery
· Office Equipment
· Computers
· Furniture and Fixtures
------------------------------------------------------------------------------------------------------------------------------
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 64.91 |
|
UK Pound |
1 |
INR 91.87 |
|
Euro |
1 |
INR 80.26 |
INFORMATION DETAILS
|
Information
Gathered by : |
SUP |
|
|
|
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
ARC |
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.