|
|
|
MIRA INFORM REPORT
|
Report No. : |
506524 |
|
Report Date : |
02.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
UTI INFRASTRUCTURE TECHNOLOGY AND SERVICES LIMITED [w.e.f. 24.08.2010] |
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|
|
|
Formerly Known
As : |
UTI TECHNOLOGY SERVICES LIMITED UNIT TRUST OF INDIA INVESTOR SERVICES LIMITED |
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Registered
Office : |
Plot No-3, Sector-II, CBD Belapur, Navi Mumbai, Thane-400614,
Maharashtra, India |
|
Tel. No.: |
91-22-6793108291 |
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|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
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|
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|
Date of
Incorporation : |
19.05.1993 |
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|
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Com. Reg. No.: |
11-072051 |
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|
|
|
Capital
Investment / Paid-up Capital : |
INR 312.500 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U65991MH1993GOI072051 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Divulged |
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|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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|
|
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PAN No.: [Permanent Account No.] |
AAACU4411C |
|
|
|
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TIN No.: |
27140879952 |
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|
|
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GSTN : [Goods & Service Tax
Registration No.] |
27AAACU4411C1ZV |
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|
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Legal Form : |
A Closely Held Public Limited Liability Company |
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|
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Line of Business
: |
Subject is engaged in the business of Issuing and Processing of PAN Cards on behalf of CBDT and also Providing Consulting, Back Office Operations, Infrastructure, Processing of Medical Bills under CGHS under Ministry of Health and Family Welfare, ECHS under Ministry of Defence, ESIC under Ministry of Labour and IT Enabled Services delivered. [Registered Activity] |
|
|
|
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No. of Employees
: |
Not Divulged |
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+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Excellent |
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|
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Payment Behaviour : |
Regular |
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|
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Litigation : |
Clear |
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Comments : |
Subject is an established company incorporated in the year 1993 having
excellent track. For the financial year ended 2017, the company has witnessed a growth
in its revenue and has achieved good profit margin at 21.92% [approx.]. The company possesses strong financial profile marked by healthy net
worth base along with debt free balance sheet of the company. The company also derives strength from its long established track
record of business operations. Fundamentals of the company are strong and healthy. Trade relations are reported as fair. Business is active. Payment
terms are seems to be regular and as per commitments. In view of the 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
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 02.05.2018
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 DECLINED
MANAGEMENT NON-COOPERATIVE [91-22-67931082]
LOCATIONS
|
Registered/ Corporate Office : |
Plot No-3, Sector-II, CBD Belapur, Navi Mumbai, Thane-400614,
Maharashtra, India |
|
Tel. No.: |
91-22-6793108291 |
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Fax No.: |
91-22-67931399 |
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E-Mail : |
|
|
Website : |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Prakash Damodaran |
||||||||||||||||
|
Designation : |
Director |
||||||||||||||||
|
Address : |
Flat 4-B, Block 1, Ramaniyam Gauravv Model School Road, Sholinganallur, Chennai-600119, Tamilnadu, India |
||||||||||||||||
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Date of Birth/Age : |
05.04.1953 |
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Qualification : |
Post Graduate |
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Date of Appointment : |
21.03.2002 |
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PAN No.: |
AGEPD0019J |
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DIN No.: |
00028284 |
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||||||||||||||||
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Name : |
Mr. Babu Rao Busi |
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Designation : |
Nominee Director |
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Address : |
16/63, MHB Colony, Reclamation Bandra (West), Mumbai-400050, Maharashtra, India |
||||||||||||||||
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Date of Birth/Age : |
05.12.1958 |
||||||||||||||||
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Qualification : |
Post Graduate |
||||||||||||||||
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Date of Appointment : |
30.09.2015 |
||||||||||||||||
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PAN No.: |
ACEPB1735F |
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DIN No.: |
00425793 |
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||||||||||||||||
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Name : |
Mr. Satish Chandra Dikshit |
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Designation : |
Nominee Director |
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|
Address : |
Flat No 1802, 18th Floor, Panorama Towers, V. D. Road, Mumbai-400053, Maharashtra, India |
||||||||||||||||
|
Date of Birth/Age : |
03.02.1953 |
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|
Qualification : |
Post Graduate |
||||||||||||||||
|
Date of Appointment : |
24.09.2010 |
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PAN No.: |
AGHPD5856G |
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DIN No.: |
00913192 |
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|
||||||||||||||||
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Name : |
Mr. Yedatore Nagappa Rammurthy |
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Designation : |
Nominee Director |
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|
Address : |
8/3 Brindavan Apts Ratnavilas Road, Basavanagudi, Bangalore-560004, Karnataka, India |
||||||||||||||||
|
Date of Birth/Age : |
27.11.1945 |
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Qualification : |
Post Graduate |
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Date of Appointment : |
24.09.2010 |
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PAN No.: |
AARPR1401M |
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DIN No.: |
01034887 |
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||||||||||||||||
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Name : |
Mr. Kasargod Pattanshetti Lakshmana Rao |
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|
Designation : |
Nominee Director |
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Address : |
No. 64, Sanakaran Avenue, Velachery, Chennai-600042, Tamilnadu, India |
||||||||||||||||
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Date of Birth/Age : |
22.02.1948 |
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Qualification : |
Post Graduate |
||||||||||||||||
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Date of Appointment : |
30.06.2008 |
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PAN No.: |
AAFPR3000G |
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DIN No.: |
02227484 |
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|
||||||||||||||||
|
Name : |
Mr. Ghayas Uddin Ahmed |
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Designation : |
Nominee Director |
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Address : |
224 D-Ii Flats (Officers Flats) Kidwai Nagar, West New Delhi-110023, India |
||||||||||||||||
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Date of Appointment : |
18.10.2016 |
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DIN No.: |
07638800 |
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||||||||||||||||
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Name : |
Mr. Deepak Kumar |
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Designation : |
Director |
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Address : |
Flat N B-11 Ashoka Apartment, Plot N 8, Sector 12, Dwarka, South West Delhi, Delhi-110078, India |
||||||||||||||||
|
Date of Appointment : |
05.10.2017 |
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|
DIN No.: |
07955555 |
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KEY EXECUTIVES
|
Name : |
Mr. Manmohan Gupta |
|
Designation : |
Chief Finance Officer |
|
Address : |
B-701, Rounak Chs, Plot 883 886, Sector 20, Belapur Gaon, Navi Mumbai-400614, Maharashtra, India |
|
Date of Appointment : |
28.05.2014 |
|
PAN No.: |
ADZPG8484A |
|
|
|
|
Name : |
Madhuri Rajendra More |
|
Designation : |
Company Secretary |
|
Address : |
A-4, 405, Kashivishwanath, Madhav Sansar Khadakpada, Kalyan (West), Thane-421301, Maharashtra, India |
|
Date of Appointment : |
12.05.2016 |
|
PAN No.: |
ARIPM9368G |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Administrator of the Specified Undertaking of the Unit
Trust of India |
|
31249300 |
|
B Babu Rao |
|
100 |
|
S C Dikshit |
|
100 |
|
Rajeev Gupta |
|
100 |
|
Punit Saxena |
|
100 |
|
Luke Farnandez |
|
100 |
|
I Rahaman |
|
100 |
|
D Mohanty |
|
100 |
|
|
|
|
|
Total |
|
31250000 |
AS ON: 28.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters – Government - Central Government |
100.00 |
|
|
|
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is engaged in the business of Issuing and Processing of PAN Cards on behalf of CBDT and also Providing Consulting, Back Office Operations, Infrastructure, Processing of Medical Bills under CGHS under Ministry of Health and Family Welfare, ECHS under Ministry of Defence, ESIC under Ministry of Labour and IT Enabled Services delivered [Registered Activity] |
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Products : |
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Brand Names : |
Not Divulged |
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Agencies Held : |
Not Divulged |
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Exports : |
Not Divulged |
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Imports : |
Not Divulged |
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Terms : |
|
||||||||
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Selling : |
Not Divulged |
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|
|
||||||||
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Purchasing : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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||||||||||||||||||||||
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No. of Employees : |
Not Divulged |
||||||||||||||||||||||
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|
|
||||||||||||||||||||||
|
Bankers : |
|
|
|
|
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Auditors : |
|
|
Name : |
Arora and Choudhary Associates Chartered Accountants |
|
Address : |
71A Mittal Chambers, Opposite Inox, Nariman Point, Mumbai, Maharashtra, India |
|
PAN No.: |
AAAFA4250G |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Subsidiary company
: |
Suuti Tech Options Limited [U72900MH2007GOI168035] |
|
|
|
|
Holding company : |
Administrator of the Specified Undertaking of the Unit Trust of India (SUUTI) |
CAPITAL STRUCTURE
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
100000000 |
Equity Shares |
INR 10/- each |
INR 1000.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
31250000 |
Equity Shares |
INR 10/- each |
INR 312.500
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 |
312.500 |
312.500 |
312.500 |
|
(b) Reserves and Surplus |
2524.383 |
2113.811 |
1849.700 |
|
(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) |
2836.883 |
2426.311 |
2162.200 |
|
|
|
|
|
|
(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 |
13.880 |
6.114 |
16.000 |
|
(d) long-term
provisions |
112.576 |
77.505 |
66.900 |
|
Total Non-current
Liabilities (3) |
126.456 |
83.619 |
82.900 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term borrowings |
0.000 |
0.000 |
0.000 |
|
(b) Trade
payables |
182.823 |
133.612 |
94.800 |
|
(c) Other
current liabilities |
1530.260 |
924.338 |
414.900 |
|
(d) Short-term
provisions |
194.700 |
117.201 |
99.600 |
|
Total Current
Liabilities (4) |
1907.783 |
1175.151 |
609.300 |
|
|
|
|
|
|
TOTAL |
4871.122 |
3685.081 |
2854.400 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
314.611 |
327.966 |
338.400 |
|
(ii)
Intangible Assets |
8.903 |
12.577 |
9.500 |
|
(iii) Tangible assets
capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
405.600 |
135.600 |
155.700 |
|
(c) Deferred tax assets (net) |
80.129 |
32.728 |
32.400 |
|
(d)
Long-term loans and advances |
23.385 |
36.670 |
78.100 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
832.628 |
545.541 |
614.100 |
|
|
|
|
|
|
(2) Current
assets |
|
|
|
|
(a)
Current investments |
517.405 |
235.532 |
127.100 |
|
(b)
Inventories |
0.000 |
0.000 |
0.000 |
|
(c) Trade
receivables |
181.134 |
173.501 |
76.500 |
|
(d) Cash and
bank balances |
3094.884 |
2467.894 |
1882.800 |
|
(e) Short-term
loans and advances |
54.356 |
30.145 |
27.000 |
|
(f) Other
current assets |
190.715 |
232.468 |
126.900 |
|
Total
Current Assets |
4038.494 |
3139.540 |
2240.300 |
|
|
|
|
|
|
TOTAL |
4871.122 |
3685.081 |
2854.400 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
2301.610 |
1621.899 |
1276.100 |
|
|
Other Income |
251.551 |
201.507 |
207.200 |
|
|
TOTAL |
2553.161 |
1823.406 |
1483.300 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Employee benefit expense |
394.834 |
343.118 |
334.200 |
|
|
CSR expenditure |
8.000 |
6.800 |
7.500 |
|
|
Other expenses |
1299.775 |
934.148 |
748.600 |
|
|
TOTAL |
1702.609 |
1284.066 |
1090.300 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
850.552 |
539.340 |
393.000 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
850.552 |
539.340 |
393.000 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
38.591 |
47.290 |
29.200 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
811.961 |
492.050 |
363.800 |
|
|
|
|
|
|
|
Less |
TAX |
307.360 |
171.215 |
72.900 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
504.601 |
320.835 |
290.900 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
16.15 |
10.27 |
9.31 |
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 |
N |
|
|
|
|
|
|
Net cash flows from (used in) operations |
932.324 |
494.208 |
908.800 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
586.636 |
355.643 |
809.000 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
28.73 |
39.05 |
21.88 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
12.71 |
9.35 |
16.68 |
|
|
|
|
|
|
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) |
2.63 |
1.58 |
1.13 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.39 |
0.32 |
0.21 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
0.67 |
0.48 |
0.28 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.11 |
0.14 |
0.16 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
0.00 |
0.00 |
0.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
21.92 |
19.78 |
22.80 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
10.36 |
8.71 |
10.19 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
17.79 |
13.22 |
13.45 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
2.12 |
2.67 |
3.68 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
2.12 |
2.67 |
3.68 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.58 |
0.66 |
0.76 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
2.12 |
2.67 |
3.68 |
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 |
312.500 |
312.500 |
312.500 |
|
Reserves & Surplus |
1849.700 |
2113.811 |
2524.383 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
2162.200 |
2426.311 |
2836.883 |
|
|
|
|
|
|
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 |
1276.100 |
1621.899 |
2301.610 |
|
|
|
27.098 |
41.908 |
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 |
1276.100 |
1621.899 |
2301.610 |
|
Profit/ (Loss) |
290.900 |
320.835 |
504.601 |
|
|
22.80
% |
19.78
% |
21.92
% |
ABRIDGED
BALANCE SHEET [CONSOLIDATED]
|
SOURCES OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
312.500 |
312.500 |
|
(b) Reserves and Surplus |
|
2524.479 |
2114.207 |
|
(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) |
|
2836.979 |
2426.707 |
|
|
|
|
|
|
(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 |
|
13.880 |
6.114 |
|
(d) long-term
provisions |
|
112.576 |
77.505 |
|
Total Non-current
Liabilities (3) |
|
126.456 |
83.619 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
0.000 |
0.000 |
|
(b) Trade
payables |
|
182.823 |
133.612 |
|
(c) Other
current liabilities |
|
1530.342 |
924.411 |
|
(d) Short-term
provisions |
|
194.700 |
117.201 |
|
Total Current
Liabilities (4) |
|
1907.865 |
1175.224 |
|
|
|
|
|
|
TOTAL |
|
4871.300 |
3685.550 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
314.611 |
327.966 |
|
(ii)
Intangible Assets |
|
8.903 |
12.577 |
|
(iii) Tangible assets
capital work-in-progress |
|
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
405.600 |
135.600 |
|
(c) Deferred tax assets (net) |
|
80.129 |
32.728 |
|
(d)
Long-term loans and advances |
|
23.385 |
36.670 |
|
(e) Other
Non-current assets |
|
0.000 |
0.000 |
|
Total Non-Current
Assets |
|
832.628 |
545.541 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
517.405 |
235.532 |
|
(b)
Inventories |
|
0.000 |
0.000 |
|
(c) Trade
receivables |
|
181.134 |
173.501 |
|
(d) Cash and
bank balances |
|
3095.062 |
2468.363 |
|
(e)
Short-term loans and advances |
|
54.356 |
30.145 |
|
(f) Other
current assets |
|
190.715 |
232.468 |
|
Total
Current Assets |
|
4038.672 |
3140.009 |
|
|
|
|
|
|
TOTAL |
|
4871.300 |
3685.550 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
|
2301.610 |
1621.899 |
|
|
Other Income |
|
251.551 |
201.507 |
|
|
TOTAL |
|
2553.161 |
1823.406 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Employee benefit expense |
|
394.834 |
343.118 |
|
|
CSR expenditure |
|
8.000 |
6.800 |
|
|
Other expenses |
|
1300.075 |
933.963 |
|
|
TOTAL |
|
1702.909 |
1283.881 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
850.252 |
539.525 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
0.000 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
850.252 |
539.525 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
38.591 |
47.290 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
811.661 |
492.235 |
|
|
|
|
|
|
|
Less |
TAX |
|
307.360 |
171.215 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
504.301 |
321.020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
16.14 |
10.27 |
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 |
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 |
INDEX OF CHARGES: NO CHARGES
EXISTS FOR COMPANY
CORPORATE
INFORMATION:
Subject (the Company) primarily engaged in the business of issuing and processing of PAN cards on behalf of CBDT and also providing consulting, back office operations, infrastructure, processing of medical bills under CGHS under Ministry of Health and Family Welfare, ECHS under Ministry of Defence, ESIC under Ministry of Labour and IT enabled services delivered through a network of multiple locations around India.
The
Specified Undertaking of Unit Trust of India owned 100% of the Company’s equity
share capital and has the ability to control its operating and financial
policies. The Company registered office is located in Navi Mumbai.
FIXED ASSETS:
· Land
· Buildings
· Office building
· Furniture and fixtures
· Vehicles
· Office equipment
· Computer equipments
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, India Prisons Service,
Interpol, etc.
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 66.78 |
|
UK Pound |
1 |
INR 92.89 |
|
Euro |
1 |
INR 80.74 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
RUP |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.