|
|
|
MIRA INFORM REPORT
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Report No. : |
499774 |
|
Report Date : |
27.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
SAM INDIA BUILTWELL PRIVATE LIMITED |
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|
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|
Registered
Office : |
435, Jagriti Enclave, Vikas Marg Extn., Delhi - 110092 |
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Tel. No.: |
91-11-22163389/ 65460163 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
22.01.1998 |
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|
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Com. Reg. No.: |
55-091859 |
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Capital
Investment / Paid-up Capital : |
INR 5.950 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U70101DL1998PTC091859 |
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|
|
|
IEC No.: |
Not Applicable [As informed by the management that firm does not
have export and import] |
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|
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TIN No.: |
07422006298 |
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|
|
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GST No.: |
07AABCS7627K1Z1 |
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|
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
|
PAN No.: [Permanent Account No.] |
AABCS7627K |
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|
|
|
Legal Form : |
Private Limited Liability Company |
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Line of Business
: |
Subject is engaged in Carrying out Civil and Construction Work Relating to Housing and Infrastructure etc. [Registered Activity] |
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No. of Employees
: |
Not Available |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Maximum Credit Limit : |
USD 1819000 |
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|
|
|
Status : |
Good |
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Payment Behaviour : |
Slow but correct |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 1998. It is engaged in Construction activity. For the financial year 2017, the company has reported decline in its revenue as compared to previous year but has managed to maintain average profit margin of 1.87%. The sound financial profile of the company is marked by adequate networth base along with strong debt coverage indicators due to debt free balance sheet profile. The rating takes into consideration the subject’s long established track record of business operations along with extensive experience of its promoters. The company has favourable Earning Per Share (EPS) of INR 143.64 against a face value (FV) of INR 10. However, these rating strengths are partially offset by unfavourable gap between trade payables and trade receivables and highly competitive construction industry. Business is active. Payment seems to be slow but correct. In view of aforesaid, the company can be considered for good 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 |
CRISIL |
|
Rating |
Short term = A2 |
|
Rating Explanation |
Strong degree of safety and low credit risk |
|
Date |
05.07.2017 |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2016.
BIFR (Board for Industrial & Financial Reconstruction) LISTING
STATUS
Subject’s name is not listed as a Sick Unit in
the publicly available BIFR (Board for Industrial & Financial
Reconstruction) list as of 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.
LOCATIONS
|
Registered Office : |
435, Jagriti Enclave, Vikas Marg Extn., Delhi - 110092, India |
|
Tel. No.: |
91-11-22163389/ 65460163 |
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Mobile No.: |
91-9810055447 [Mr. Rohit Khandelwal] |
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Fax No.: |
91-11-22163393 |
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E-Mail : |
|
|
Website : |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Madan Lal Gupta |
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Designation : |
Whole-time Director |
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Address : |
28, Saini Enclave, Delhi - 110092, India |
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Date of Birth/Age : |
02.11.1962 |
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Qualification : |
B.A PASS |
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Date of Appointment : |
22.01.1998 |
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PAN No.: |
AAJPG7920L |
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DIN No.: |
00331845 |
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Other Directorship :
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Name : |
Mr. Arvind Goel |
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Designation : |
Wholetime Director |
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Address : |
80, Kiran Vihar, Delhi - 110092, India |
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Date of Birth/Age : |
02.09.1970 |
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Qualification : |
B.A PASS |
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Date of Appointment : |
22.01.1998 |
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PAN No.: |
ACUPG0842N |
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DIN No.: |
00935505 |
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Other Directorship :
|
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MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2017
|
Names of Shareholders |
No. of Shares |
% age holding |
|
Arvind Goel |
197500 |
39.90 |
|
Madan Lal Gupta |
197500 |
39.90 |
|
Nutan Goel |
100000 |
20.20 |
|
|
|
|
|
Total |
495000 |
100.00 |
AS ON: 30.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters (Individual/Hindu Undivided Family - Indian) |
100.00 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in Carrying out Civil and Construction Work Relating to Housing and Infrastructure etc. [Registered Activity] |
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Products : |
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Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Available |
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Imports : |
Not Available |
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Terms : |
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Selling : |
Not Available |
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Purchasing : |
Not Available |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Not Available |
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Bankers : |
· Indusind Bank limited 2401 Gen Thimmayya Road, Cantonment, Pune -- 411001, Maharashtra, India · HDFC bank Limited HDFC Bank House, Senapati Bapat Marglower Parel West, Mumbai - 400013, Maharashtra, India · Axis Bank Limited |
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Auditors : |
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|
Name : |
S P M S and ASSOCIATES Chartered Accountants |
|
Address : |
305, 3rd Floor, Pearl Business Park , D-7 ,ND, Delhi, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AAEFM6171C |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associate Company: |
KNG Estates Private Limited [U70101DL2004PTC127826] S C Industries Private Limited |
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|
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Related Parties : |
· Mahadev Marble & Granite · Gaurav Traders · Aanchal Toursettler Private Limited |
CAPITAL STRUCTURE
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1000000 |
Equity Shares |
INR 10/- each |
INR 10.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
595000 |
Equity Shares |
INR 10/- each |
INR 5.950 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in 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 |
5.950 |
5.950 |
6.425 |
|
(b) Reserves & Surplus |
630.768 |
545.300 |
500.266 |
|
(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) |
636.718 |
551.250 |
506.691 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
0.000 |
0.000 |
0.000 |
|
(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 |
0.000 |
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
(b)
Trade payables |
749.134 |
497.987 |
247.421 |
|
(c)
Other current liabilities |
252.574 |
515.038 |
274.637 |
|
(d)
Short-term provisions |
0.000 |
0.000 |
0.230 |
|
Total
Current Liabilities (4) |
1001.708 |
1013.025 |
522.288 |
|
|
|
|
|
|
TOTAL |
1638.426 |
1564.275 |
1028.979 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
129.434 |
143.087 |
103.836 |
|
(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 |
0.020 |
0.020 |
0.020 |
|
(c) Deferred tax assets
(net) |
3.837 |
2.468 |
1.664 |
|
(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 |
133.291 |
145.575 |
105.520 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
47.415 |
131.408 |
111.890 |
|
(b)
Inventories |
119.263 |
50.660 |
113.319 |
|
(c)
Trade receivables |
227.928 |
69.175 |
96.745 |
|
(d)
Cash and cash equivalents |
445.150 |
453.383 |
251.774 |
|
(e)
Short-term loans and advances |
605.953 |
580.801 |
260.473 |
|
(f)
Other current assets |
59.426 |
133.273 |
89.258 |
|
Total
Current Assets |
1505.135 |
1418.700 |
923.459 |
|
|
|
|
|
|
TOTAL |
1638.426 |
1564.275 |
1028.979 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
4578.896 |
5005.468 |
3613.917 |
|
|
|
Other Income |
45.369 |
22.654 |
15.071 |
|
|
|
TOTAL |
4624.265 |
5028.122 |
3628.988 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
4128.817 |
4577.168 |
3309.932 |
|
|
|
Employees benefits expense |
219.461 |
202.322 |
130.107 |
|
|
|
CSR expenditure |
1.850 |
3.157 |
0.000 |
|
|
|
Prior period items |
0.104 |
3.422 |
26.703 |
|
|
|
Extraordinary items |
(16.000) |
0.000 |
0.000 |
|
|
|
Other expenses |
96.592 |
89.935 |
63.594 |
|
|
|
TOTAL |
4430.824 |
4876.004 |
3530.336 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
193.441 |
152.118 |
98.652 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
20.091 |
24.351 |
13.314 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
173.350 |
127.767 |
85.338 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
27.881 |
26.230 |
21.452 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
145.469 |
101.537 |
63.886 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
60.001 |
35.500 |
29.399 |
|
|
|
|
|
|
|
|
|
|
Discontinuing
operation after tax |
0.000 |
0.000 |
(0.230) |
|
|
|
|
|
|
|
|
|
|
Share of profit
(loss) of associates |
0.000 |
(2.478) |
0.000 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
85.468 |
63.559 |
34.257 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (INR) |
143.64 |
106.82 |
53.32 |
|
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 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
2725.737 |
341.109 |
246.882 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
2664.368 |
302.326 |
216.148 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
18.17 |
5.04 |
9.77 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
20.09 |
72.36 |
37.36 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
66.23 |
39.71 |
27.28 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
1.62 |
3.00 |
0.87 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
1.49 |
1.06 |
0.95 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.61 |
0.65 |
0.51 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
1.57 |
1.84 |
1.03 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.20 |
0.26 |
0.20 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
9.63 |
6.25 |
7.41 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
1.87 |
1.27 |
0.95 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
5.22 |
4.06 |
3.33 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
13.42 |
11.53 |
6.76 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.50 |
1.40 |
1.77 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current Liabilities) |
1.38 |
1.35 |
1.55 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.39 |
0.35 |
0.49 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.50 |
1.40 |
1.77 |
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 |
6.425 |
5.950 |
5.950 |
|
Reserves & Surplus |
500.266 |
545.300 |
630.768 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
506.691 |
551.250 |
636.718 |
|
|
|
|
|
|
long-term borrowings |
0.000 |
0.000 |
0.000 |
|
Short term borrowings |
0.000 |
0.000 |
0.000 |
|
Total
borrowings |
0.000 |
0.000 |
0.000 |
|
Debt/Equity
ratio |
0.000 |
0.000 |
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 |
3613.917 |
5005.468 |
4578.896 |
|
|
|
38.505 |
-8.522 |
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 |
3613.917 |
5005.468 |
4578.896 |
|
Profit |
34.257 |
63.559 |
85.468 |
|
|
0.95% |
1.27% |
1.87% |
ABRIDGED
BALANCE SHEET [CONSOLIDATED]
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
5.950 |
5.950 |
|
(b) Reserves & Surplus |
|
633.246 |
547.778 |
|
(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) |
|
639.196 |
553.728 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
|
0.000 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c)
Other long term liabilities |
|
0.000 |
0.000 |
|
(d)
long-term provisions |
|
0.000 |
0.000 |
|
Total
Non-current Liabilities (3) |
|
0.000 |
0.000 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
|
0.000 |
0.000 |
|
(b)
Trade payables |
|
835.151 |
673.959 |
|
(c)
Other current liabilities |
|
331.158 |
811.333 |
|
(d)
Short-term provisions |
|
1.252 |
0.000 |
|
Total
Current Liabilities (4) |
|
1167.561 |
1485.292 |
|
|
|
|
|
|
TOTAL |
|
1806.757 |
2039.020 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
|
129.434 |
143.870 |
|
(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 |
|
0.020 |
0.020 |
|
(c) Deferred tax assets
(net) |
|
3.837 |
2.468 |
|
(d) Long-term Loan
and Advances |
|
0.000 |
0.000 |
|
(e)
Other Non-current assets |
|
0.000 |
0.000 |
|
Total
Non-Current Assets |
|
133.291 |
146.358 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
|
50.157 |
118.754 |
|
(b)
Inventories |
|
119.262 |
50.660 |
|
(c)
Trade receivables |
|
234.202 |
130.538 |
|
(d)
Cash and cash equivalents |
|
472.501 |
579.104 |
|
(e)
Short-term loans and advances |
|
737.918 |
880.334 |
|
(f)
Other current assets |
|
59.426 |
133.272 |
|
Total
Current Assets |
|
1673.466 |
1892.662 |
|
|
|
|
|
|
TOTAL |
|
1806.757 |
2039.020 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
|
6506.139 |
5873.761 |
|
|
|
Other Income |
|
45.369 |
23.106 |
|
|
|
TOTAL |
|
6551.508 |
5896.867 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
|
6036.591 |
5443.089 |
|
|
|
Employees benefits expense |
|
224.858 |
202.327 |
|
|
|
CSR expenditure |
|
1.850 |
3.157 |
|
|
|
Prior period items |
|
0.104 |
3.422 |
|
|
|
Extraordinary items |
|
(16.000) |
0.000 |
|
|
|
Other expenses |
|
98.987 |
91.884 |
|
|
|
TOTAL |
|
6346.390 |
5743.879 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
|
205.118 |
152.988 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
20.507 |
25.035 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
184.611 |
127.953 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
39.142 |
26.416 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
|
145.469 |
101.537 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
|
60.001 |
35.500 |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
|
85.468 |
66.037 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (INR) |
|
143.64 |
111.17 |
|
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 |
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 |
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 |
Yes |
|
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 |
INDEX OF CHARGES
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G64675051 |
100135798 |
INDUSIND BANK LTD. |
21/11/2017 |
- |
- |
400000000.0 |
2401 GEN THIMMAYYA
ROADCONTONMENTPUNEMa411001IN |
|
2 |
G52404126 |
100123754 |
HDFC BANK LIMITED |
05/07/2017 |
- |
- |
300000000.0 |
HDFC BANK HOUSE, SENAPATI
BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
3 |
C59642330 |
10574046 |
AXIS BANK LTD. |
12/06/2015 |
19/06/2015 |
- |
400000000.0 |
2ND FLOOR, RED
FORT CAPITAL, PARSVNATH TOWERS,GOLE MARKET, BHAI VEER SINGH MARG,NEW
DELHIDL110001IN |
|
4 |
G71895411 |
10544953 |
YES BANK LIMITED |
04/12/2014 |
01/11/2017 |
- |
500000000.0 |
9TH FLOOR, NEHRU
CENTRE, DISCOVERY OF INDIA,DR. ANNIE BESANT ROAD, WORLI,MumbaiMH400018IN |
|
5 |
C48253694 |
10216300 |
AXIS BANK LTD. |
09/04/2010 |
28/03/2015 |
- |
500000000.0 |
2ND FLOOR,
STATESMAN HOUSE148, BARAKHAMBA ROADNEW DELHIDL110001IN |
|
6 |
C73700841 |
10047851 |
Bank of India |
23/03/2007 |
04/12/2015 |
- |
900000000.0 |
New Delhi Mid
Corporate Branch37,Shaheed Bhagat Singh Marg,Canaught PlaceNew DelhiDL110001IN |
|
7 |
B85441327 |
10129690 |
YES BANK LIMITED |
24/10/2008 |
29/08/2009 |
25/09/2013 |
120000000.0 |
9TH FLOOR, NEHRU
CENTRE, DISCOVERY OF INDIA,DR. ANNIE BESANT ROAD, WORLI,MUMBAIMH400018IN |
|
8 |
B85440865 |
10066691 |
CENTURION BANK OF
PUNJAB LIMITED |
20/08/2007 |
- |
24/09/2013 |
1700000.0 |
IIND FLOOR, INDIAN
EXPRESS BUILDING,BAHADUR SHAH ZAFAR MARG, ITONEW DELHIDL110002IN |
|
9 |
B85083673 |
10099725 |
Bank of India(Lead
Bank) |
20/02/2008 |
- |
19/09/2013 |
675000000.0 |
New Delhi
Corporate Banking Branch37, Shaheed Bhagat Sing MargNew DelhiDL110001IN |
|
10 |
B84313923 |
10086814 |
CENTURION BANK OF
PUNJAB LIMITED |
28/11/2007 |
- |
14/08/2013 |
225000000.0 |
F101/B,PLOT NO.6, ADITYA
COMPLEX,PREET VIHARNEW DELHI SHALIMAR GARDEN EXTENSION-II,NEW DELHIDL100012IN |
CHANGE OF ADDRESS:
Registered address of the company has been
shifted from 17A/56 UG-2, Triveni Plaza, W E A Karol Bagh, New Delhi - 110005,
India to the present address w.e.f. 01.04.2008.
BACKGROUND OF COMPANY
The company was incorporated on 22.01.1998. The company is engaged in carrying out civil and construction work relating to housing and infrastructure etc.
OPERATIONAL PERFORMANCE
During the year, the net revenue from the operations of the company is INR 5005.468 million. For, the financial year, the company’s profit after tax is INR 63.559 million.
CONTINGENT
LIABILITIES:
|
Particulars |
31.03.2017 (INR
In Million) |
31.03.2016 (INR
In Million) |
|
banks on behalf of the Company |
13.421 |
14.389 |
FIXED ASSETS:
·
Buildings
·
plant and equipment
·
Furniture and fixtures
·
Vehicles
·
Office equipment
·
Computer equipment’s
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
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
ARC |
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 opera tions 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.