|
|
|
MIRA INFORM REPORT
|
Report No. : |
507278 |
|
Report Date : |
03.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
GENESIS NUTECH LLP |
|
|
|
|
Registered
Office : |
511 - 514, Raikar Chambers, Next to Jain Temple, Govandi East, Mumbai –
400088, Maharashtra |
|
Mob. No: |
91-9322332400 (Mrs. Kanchana) |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Establishment : |
19.03.2016 |
|
|
|
|
Total Obligation
of Contribution: |
INR 4.117 Million |
|
|
|
|
LLPIN : |
AAF-9995 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
0306039605 |
|
|
|
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TIN No.: |
27070562364 |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCG6150C |
|
|
|
|
GSTIN : [Goods & Service Tax
Registration No.] |
27AACCG6150C1ZZ |
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|
|
|
Legal Form : |
Limited Liability Partnership |
|
|
|
|
Line of Business
: |
To carry on the business as manufacturers, buyers, sellers, importers, exporters, agents, distributors, indenting agents of plastic colourants, chemicals, textile chemicals, dyers, pigments, colours. (Registered activity) |
|
|
|
|
No. of Employees
: |
Information denied by the management
|
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 was incorporated as Private Limited company in the year 2006
and later on 19th March 2016, it got converted in to Limited Liability
Partnership firm. The subject is a trader of polymers, chemicals and specialty
merchandise. As per the financial of 2017, the subject has achieved revenue of INR
6.474 million from its operation and has incurred operational losses. The subject has average capital base and debt free balance sheet
profile. Business is active. Payment seems to be slow but correct. In view of aforesaid, the subject can be considered for business
dealings with some caution. |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
EXTERNAL AGENCY RATING
|
Rating Agency Name |
Not Available |
|
Rating |
Not Available |
|
Rating Explanation |
Not Available |
|
Date |
Not Available |
RBI DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available RBI Defaulters’ list.
EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS
Subject’s name is not enlisted as a defaulter
in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of
31-03-2018.
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 03.05.2018
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 DENIED BY
|
Name : |
Ms. Kanchana Krishnan |
|
Designation : |
Sales Executive |
|
Contact No.: |
91-9322332400 |
|
Date : |
02.05.2018 |
MANAGEMENT NON CO-OPERATIVE (TEL NO.: 91-22-42110022 / 42110000 /
42110005)
LOCATIONS
|
Registered Office/ Warehouse : |
511 - 514, Raikar Chambers, Next to Jain Temple, Govandi East, Mumbai
– 400088, Maharashtra, India |
|
Tel. No.: |
91-22-67987595 / 25552800 / 42110022 / 42110000 / 42110005 |
|
Mob. No: |
91-9322332400 (Mrs. Kanchana) |
|
Fax No.: |
91-22-42110022 |
|
E-Mail : |
|
|
Web: |
|
|
Location : |
Owned |
|
Locality : |
Commercial |
PARTNERS
As on 31.03.2017
|
Name : |
Mehul Dhanvantrai Ajmera |
|
Designation : |
Director |
|
Address : |
101, Sadashiv Khandwala Building, Joshi
Lane First Floor Ghatkopar East, Mumbai, 400077, Maharashtra, India |
|
Date of Birth/Age : |
23.10.1969 |
|
Date of Appointment : |
19.03.2016 |
|
PAN No.: |
AAAPA7842A |
|
DPIN No.: |
01152935 |
|
|
|
|
Name : |
Ravindra Rajendranath Fotedar |
|
Designation : |
Director |
|
Address : |
A/507, Golf Scappe, Sunny Estate, Sion Trombay
Road, Chembur, Mumbai, 400071, Maharashtra, India |
|
Date of Birth/Age : |
07.02.1962 |
|
Date of Appointment : |
19.03.2016 |
|
PAN No.: |
AACPF1616R |
|
DPIN No.: |
01177745 |
|
|
|
|
Name : |
Ramesh Parasuraman |
|
Designation : |
Director |
|
Address : |
A/2, 2nd Floor, Atur Park, Sion Trombay
Road, Chembur, Mumbai, 400071, Maharashtra, India |
|
Date of Birth/Age : |
02.01.1973 |
|
Date of Appointment : |
19.03.2016 |
|
DPIN No.: |
01354184 |
|
|
|
|
Name : |
Seethalakshmy Krishnaiyer Nemmara |
|
Designation : |
Designated Partner |
|
Address : |
1403-1404, Athena Building, Raheja
Acropolis-I Deonar, Deonar, Chembur (East), Mumbai - 400088, Maharashtra,
India |
|
Date of Appointment : |
24.03.2016 |
|
DPIN No.: |
07516899 |
KEY EXECUTIVES
|
Name : |
Ms. Kanchana Krishnan |
|
Designation : |
Sales Executive |
CONTRIBUTION DETAILS
As on 31.03.2017
|
Names of Persons |
INR in Million |
|
Seethalakshmy Krishnaiyer Nemmara |
0.025 |
|
Ramesh Parasuraman |
0.025 |
|
Ravindra Rajendranath Fotedar |
0.025 |
|
Mehul Dhanvantrai Ajmera |
0.025 |
|
|
|
|
Total |
0.100 |
BUSINESS DETAILS
|
Line of Business : |
To carry on the business as manufacturers, buyers, sellers, importers, exporters, agents, distributors, indenting agents of plastic colourants, chemicals, textile chemicals, dyers, pigments, colours. (Registered activity) |
|
|
|
|
Products : |
Not Available |
|
|
|
|
Brand Names : |
Not Available |
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Agencies Held : |
Not Available |
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Exports : |
Not Divulged |
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|
|
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Imports : |
Not Divulged |
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Terms : |
Not Divulged |
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Information denied by the management
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Bankers : |
|
|
Auditors : |
|
|
Name : |
Ruvala Bhatt and Associates LLP Chartered Accountants |
|
Address : |
Ground Floor, Anchorage, 7, Vaccha Gandi Road, Gamdevi, Mumbai –
400007, Maharashtra, India |
|
Tel. No.: |
91-22-23806761 / 23802784 |
|
E-Mail : |
|
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
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|
|
|
Sister Concern : |
Not Available |
CONTRIBUTION
AFTER 2017
|
Total Obligation of contribution |
INR 0.075 Million |
AS ON 31.03.2017
PARTNER’S CAPITAL ACCOUNT
|
Particulars |
Mehul Ajemra |
Ravindra Fotedar |
Ramesh
Parasuraman |
Seetha Lakshmi
K. N. |
Total |
|
Opening as on 01.04.2016 |
1.189 |
1.189 |
1.189 |
1.189 |
4.756 |
|
Less : Transferred to Current Account |
(1.147) |
(1.147) |
(1.147) |
(1.147) |
(4.588) |
|
Closing as on
31.03.2017 |
0.042 |
0.042 |
0.042 |
0.042 |
0.168 |
PARTNER’S CURRENT ACCOUNT
|
Particulars |
Mehul Ajemra |
Ravindra Fotedar |
Ramesh
Parasuraman |
Seetha Lakshmi
K. N. |
Total |
|
Opening as on 01.04.2016 |
-- |
-- |
-- |
-- |
|
|
Add : Transferred to Current Account |
1.147 |
1.147 |
1.147 |
1.147 |
4.588 |
|
Add : Interest on capital |
0.123 |
0.124 |
0.119 |
0.110 |
0.476 |
|
Add : Additional during the year |
0.825 |
0.825 |
0.425 |
0.425 |
2.500 |
|
Less : Withdrawals during the year |
(0.906) |
(0.906) |
(0.506) |
(0.505) |
(2.823) |
|
|
1.189 |
1.189 |
1.185 |
1.177 |
4.740 |
|
Less : (Loss) for the period |
(0.198) |
(0.198) |
(0.198) |
(0.198) |
(0.792) |
|
Closing as on
31.03.2017 |
0.991 |
0.992 |
0.987 |
0.979 |
3.949 |
FINANCIAL DATA
[all figures are
in INR Million]
GENESIS NUTECH LLP
ABRIDGED
BALANCE SHEET
|
SOURCES
OF FUNDS |
|
31.03.2017 |
31.03.2016 |
|
|
|
|
|
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1) Shareholders' Funds |
|
|
|
|
(a) Partner’s Capital A/c |
|
0.168 |
4.755 |
|
(b) Partner’s Current A/c |
|
3.949 |
0.000 |
|
(c) Reserves & Surplus |
|
0.000 |
0.000 |
|
(d) Money received against
share warrants |
|
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money
pending allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
4.117 |
4.755 |
|
|
|
|
|
|
(3) Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
0.000 |
1.111 |
|
(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 |
1.111 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a) Short term borrowings |
|
0.000 |
0.000 |
|
(b) Trade payables |
|
0.115 |
1.981 |
|
(c) Other current liabilities |
|
0.349 |
0.074 |
|
(d) Short-term provisions |
|
0.000 |
0.000 |
|
Total
Current Liabilities (4) |
|
0.464 |
2.055 |
|
|
|
|
|
|
TOTAL |
|
4.581 |
7.921 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a) Fixed Assets |
|
|
|
|
(i) Tangible assets |
|
0.013 |
0.016 |
|
(ii) Intangible Assets |
|
0.001 |
0.003 |
|
(iii) Capital work-in-progress |
|
0.000 |
0.000 |
|
(iv) Intangible assets under
development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
|
0.006 |
-0.001 |
|
(d) Long-term Loan and Advances |
|
0.035 |
0.035 |
|
(e) Other Non-current assets |
|
0.000 |
0.000 |
|
Total
Non-Current Assets |
|
0.055 |
0.053 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a) Current investments |
|
0.000 |
0.000 |
|
(b) Inventories |
|
0.574 |
4.040 |
|
(c) Trade receivables |
|
0.111 |
1.436 |
|
(d) Cash and cash equivalents |
|
0.308 |
2.510 |
|
(e) Short-term loans and
advances |
|
3.533 |
-0.118 |
|
(f) Other current assets |
|
0.000 |
0.000 |
|
Total
Current Assets |
|
4.526 |
7.868 |
|
|
|
|
|
|
TOTAL |
|
4.581 |
7.921 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
|
SALES |
|
|
|
|
|
Income |
|
6.474 |
0.179 |
|
|
Other Income |
|
1.507 |
0.172 |
|
|
TOTAL
|
|
7.981 |
0.351 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Purchases of Stock-in-Trade |
|
1.695 |
2.138 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
3.466 |
(2.000) |
|
|
Employees benefits expense |
|
1.114 |
0.000 |
|
|
Other expenses |
|
1.961 |
0.102 |
|
|
TOTAL |
|
8.236 |
0.240 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
|
(0.255) |
0.111 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
0.531 |
0.001 |
|
|
|
|
|
|
|
|
PROFIT
/ (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
(0.786) |
0.110 |
|
|
|
|
|
|
|
Less/
Add |
DEPRECIATION/
AMORTISATION |
|
0.004 |
0.000 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX |
|
(0.790) |
0.110 |
|
|
|
|
|
|
|
Less |
TAX |
|
0.001 |
0.042 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) AFTER TAX |
|
(0.791) |
0.068 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
|
0.914 |
0.000 |
|
|
TOTAL
IMPORTS |
|
0.914 |
0.000 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
Average Collection Days (Sundry Debtors / Income * 365 Days) |
|
6.26 |
2928.16 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry
Debtors) |
|
58.32 |
0.12 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors
/ Purchases * 365 Days) |
|
24.76 |
338.20 |
|
|
|
|
|
|
Inventory Turnover (Operating Income
/ Inventories) |
|
(0.44) |
0.03 |
|
|
|
|
|
|
Asset Turnover (Operating Income
/ Net Fixed Assets) |
|
(18.21) |
5.84 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
Debt Ratio ((Borrowing + Current Liabilities) / Total
Assets) |
|
0.10 |
0.40 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability
/ Networth) |
|
0.00 |
0.23 |
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / Net Worth) |
|
0.11 |
0.43 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets
/ Networth) |
|
0.00 |
0.00 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial
Charges) |
|
(0.48) |
111.00 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
|
31.03.2017 |
31.03.2016 |
|
((PAT / Sales) * 100) |
% |
|
(12.22) |
37.99 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total
Assets) * 100) |
% |
|
(17.27) |
0.86 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth)
* 100) |
% |
|
(19.21) |
1.43 |
SOLVENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
|
Current Ratio (Current Assets / Current Liabilities) |
|
9.75 |
3.83 |
|
|
|
|
|
|
Quick Ratio ((Current Assets
– Inventories) / Current Liabilities) |
|
8.52 |
1.86 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total
Assets) |
|
0.90 |
0.60 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
|
0.00 |
0.23 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current
Assets / Total Current Liabilities) |
|
9.75 |
3.83 |
Total Liability = Short-term Debt + Long-term
Debt + Current Maturities of Long-term debts
FINANCIAL ANALYSIS
[all figures are
INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
|
Partner’s Capital A/c |
4.755 |
0.168 |
|
Partner’s Current A/c |
0.000 |
3.949 |
|
Reserves & Surplus |
0.000 |
0.000 |
|
Net
worth |
4.755 |
4.117 |
|
|
|
|
|
Long Term borrowings |
1.111 |
0.000 |
|
Short Term borrowings |
0.000 |
0.000 |
|
Total
borrowings |
1.111 |
0.000 |
|
Debt/Equity
ratio |
0.234 |
0.000 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
|
Sales
|
0.179 |
6.474 |
|
|
|
3,516.760 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2016 |
31.03.2017 |
|
|
INR
In Million |
INR
In Million |
|
Sales
|
0.179 |
6.474 |
|
Profit
/ (Loss) |
0.068 |
(0.791) |
|
|
37.99% |
(12.22%) |
FINANCIAL DATA
[all figures are
in INR Million]
GENESIS
NUTECH PRIVATE LIMITED
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
15.02.2016 |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
|
(a) Share Capital |
0.100 |
0.100 |
0.100 |
0.100 |
|
(b) Reserves & Surplus |
4.487 |
3.805 |
2.477 |
1.807 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
4.587 |
3.905 |
2.577 |
1.907 |
|
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
|
(a) long-term borrowings |
0.300 |
0.600 |
4.302 |
0.000 |
|
(b) Deferred tax liabilities (Net) |
0.003 |
0.002 |
0.000 |
0.000 |
|
(c) Other long term
liabilities |
0.000 |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
0.000 |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
0.303 |
0.602 |
4.302 |
0.000 |
|
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
|
(a) Short
term borrowings |
0.000 |
0.000 |
0.000 |
8.066 |
|
(b) Trade
payables |
0.143 |
0.480 |
0.307 |
0.270 |
|
(c) Other
current liabilities |
0.057 |
0.340 |
0.737 |
1.077 |
|
(d) Short-term
provisions |
0.148 |
0.225 |
0.000 |
0.260 |
|
Total Current
Liabilities (4) |
0.348 |
1.045 |
1.044 |
9.673 |
|
|
|
|
|
|
|
TOTAL |
5.238 |
5.552 |
7.923 |
11.580 |
|
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
|
(1)
Non-current assets |
|
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
|
(i)
Tangible assets |
0.020 |
0.032 |
0.044 |
0.046 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
0.000 |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
2.000 |
2.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.007 |
0.008 |
|
(d) Long-term Loan and Advances |
0.000 |
0.000 |
0.000 |
0.000 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
0.020 |
0.032 |
2.051 |
2.054 |
|
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
|
(a) Current
investments |
0.000 |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
2.047 |
1.612 |
2.196 |
1.850 |
|
(c) Trade
receivables |
1.194 |
2.974 |
0.008 |
0.000 |
|
(d) Cash
and cash equivalents |
1.911 |
0.874 |
0.137 |
0.295 |
|
(e)
Short-term loans and advances |
0.000 |
0.000 |
0.000 |
0.000 |
|
(f) Other
current assets |
0.066 |
0.060 |
3.531 |
7.381 |
|
Total
Current Assets |
5.218 |
5.520 |
5.872 |
9.526 |
|
|
|
|
|
|
|
TOTAL |
5.238 |
5.552 |
7.923 |
11.580 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
15.02.2016 |
31.03.2015 |
31.03.2014 |
31.03.2013 |
|
|
|
SALES |
|
|
|
|
|
|
|
|
Income |
5.677 |
15.404 |
31.686 |
26.857 |
|
|
|
Other Income |
3.699 |
6.790 |
2.899 |
NA |
|
|
|
TOTAL (A) |
9.376 |
22.194 |
34.585 |
NA |
|
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
|
Cost of Materials Consumed |
4.877 |
13.356 |
26.066 |
|
|
|
|
Warehousing Charges |
0.124 |
0.142 |
0.163 |
|
|
|
|
Employees benefits expense |
0.935 |
2.991 |
3.504 |
|
|
|
|
Other expenses |
2.224 |
3.227 |
2.766 |
|
|
|
|
TOTAL |
8.160 |
19.716 |
32.499 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
1.216 |
2.478 |
2.086 |
NA |
|
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
0.204 |
0.470 |
0.853 |
|
|
|
|
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
1.012 |
2.008 |
1.233 |
|
|
|
|
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
0.017 |
0.039 |
0.012 |
|
|
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
0.995 |
1.969 |
1.221 |
0.446 |
|
|
|
|
|
|
|
|
|
|
Less |
TAX |
0.684 |
1.310 |
0.401 |
0.151 |
|
|
|
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
0.311 |
0.659 |
0.820 |
0.295 |
|
|
|
|
|
|
|
|
|
|
|
EARNINGS IN
FOREIGN CURRENCY |
0.000 |
6.569 |
1.746 |
NA |
|
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (INR) |
68.00 |
131.00 |
82.00 |
29.00 |
|
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 |
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 |
No |
|
12 |
Voter Id Card No. of Proprietor / Partners |
No |
|
13 |
Type of business |
Yes |
|
14 |
Line of Business |
Yes |
|
15 |
Export/import details (if applicable) |
No |
|
16 |
No. of employees |
Yes |
|
17 |
Details of sister concerns |
No |
|
18 |
Major suppliers |
No |
|
19 |
Major customers |
No |
|
20 |
Banking Details |
No |
|
21 |
Banking facility details |
No |
|
22 |
Conduct of the banking account |
-- |
|
23 |
Financials, if provided |
Yes |
|
24 |
Capital in the business |
Yes |
|
25 |
Last accounts filed at ROC, if applicable |
Yes |
|
26 |
Turnover of firm for last two years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last two 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 |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
UNSECURED LOAN
|
PARTICULARS |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Loans from Partners (Including Interest) |
0.000 |
1.111 |
|
|
|
|
|
Total |
0.000 |
1.111 |
INDEX
OF CHARGES: NO CHARGES EXIST FOR THE COMPANY
FIXED ASSETS
Tangible Assets
- Office equipment
- Air conditioner
Intangible Asses
- Computer Software
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 66.66 |
|
|
1 |
INR 90.66 |
|
Euro |
1 |
INR 80.01 |
INFORMATION DETAILS
|
Information
Gathered by : |
AKS |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
KJL |
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.