|
|
|
MIRA INFORM REPORT
|
Report No. : |
506323 |
|
Report Date : |
07.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
SHANTA SRIRAM CONSTRUCTIONS PRIVATE LIMITED (w.e.f. 15.04.2010) |
|
|
|
|
Formerly Known
As : |
SHANTA
SRIRAM INFRA AND CONS PRIVATE LIMITED (w.e.f. 09.05.2008) SHANTA
SRIRAM CONSTRUCTIONS PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Flat No: 501, H. No: 6-3-1112, Oasis Centre, Opposite G Pulla Reddy
Sweet House, Hyderabad - 500016, Telangana |
|
Tel. No.: |
91-40-65656500 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
06.02.1997 |
|
|
|
|
Com. Reg. No.: |
36-026357 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 137.800 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45200TG1997PTC026357 |
|
|
|
|
IEC No.: |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCS4180M |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Subject is engaged into Construction Business. [Registered Activity] |
|
|
|
|
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 |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Maximum Credit Limit : |
USD 847000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow |
|
|
|
|
Litigation : |
Exist |
|
|
|
|
Comments : |
Subject was incorporated in the year 1997 and is engaged in the
construction business. Management has not filed its financial record with government
department for the year 2017 and same are not available from any other
sources. For the financial year 2016, the company has reported decline in its
sales but has managed to maintain average profitability margin of 2.46%. The company’s financial position seems to be satisfaction marked by
adequate net worth base and comfortable debt level. Rating is constrained on account of absence of latest financial. Business is active. Payments are reported to be slow. In view of aforesaid, the company can be considered for business
dealings at usual trade terms and condition. |
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 07.05.2018.
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 [TEL. NO.: 91-40-65656500]
LOCATIONS
|
Registered Office : |
Flat No: 501, H. No: 6-3-1112, Oasis Centre, Opposite G Pulla Reddy
Sweet House, Hyderabad - 500016, Telangana, India |
|
Tel. No.: |
91-40-65656500 |
|
Mobile No.: |
91-9949377433 (Mr. Surya Prakash) |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
DIRECTORS
AS ON: 30.09.2017
|
Name : |
Mr. Maddy Lingaiah |
||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||
|
Address : |
No. 501, Amogh Plaza Beside Grand Kakatiya, Begumpet, Hyderabad - 500016, Andhra Pradesh, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
12.09.1966 |
||||||||||||||||||||||||
|
Date of Appointment : |
09.04.1997 |
||||||||||||||||||||||||
|
PAN No.: |
ADGPM5765M |
||||||||||||||||||||||||
|
DIN No.: |
00067191 |
||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Name : |
Mr. Maddi Narsaiah |
||||||||||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||||||||||
|
Address : |
Ft-302, Mount Kailash Apartments Road No.6, Banjara Hills Hyderabad - 500034, Andhra Pradesh, India |
||||||||||||||||||||||||
|
Date of Birth/Age : |
01.06.1970 |
||||||||||||||||||||||||
|
Date of Appointment : |
06.02.1997 |
||||||||||||||||||||||||
|
PAN No.: |
ADGPM5768G |
||||||||||||||||||||||||
|
DIN No.: |
00083388 |
||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2016
|
Names of Shareholders |
No. of Shares |
% age holding |
|
M Narsaiah |
8053750 |
58.45 |
|
M Lingaiah |
5463750 |
39.65 |
|
M Surender |
52500 |
0.38 |
|
B Susheela |
52500 |
0.38 |
|
V Janaki Ramulu |
52500 |
0.38 |
|
V Rama Narsaiah |
52500 |
0.38 |
|
V Ramulamma |
52500 |
0.38 |
|
|
|
|
|
Total |
13780000 |
100.00 |
AS ON: 30.09.2016
|
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 into Construction Business. [Registered Activity] |
||||
|
|
|
||||
|
Products : |
|
||||
|
|
|
||||
|
Brand Names : |
Not Available |
||||
|
|
|
||||
|
Agencies Held : |
Not Available |
||||
|
|
|
||||
|
Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
Not Divulged |
||||
|
|
|
||||
|
Terms : |
|
||||
|
Selling : |
Not Divulged |
||||
|
|
|
||||
|
Purchasing : |
Not Divulged |
PRODUCTION STATUS: NOT AVAILABLE
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
No. of Employees : |
Not Divulged |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Bankers : |
· Andhra Bank Limited · Bank of Baroda Opposite Road No. West Marredpally Road, West, Marredpally, Secunderabad-500026, Telangana, India |
||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Auditors : |
|
|
Name : |
S . V. Rao Associates Chartered Accountants |
|
Address : |
307 Vijayasree Apartments, Opposite Kamma Sangham, Ameerpet, Hyderabad- 500073, Andhra Pradesh, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AANFS0379R |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associate Companies: |
· Shanta Sriram Housing Private Limited [U45200TG1998PTC030700] · Shanta Sriram Infotech Private Limited [U72200TG2000PTC034189] |
|
|
|
|
Subsidiary company: |
· Shanta Sriram P Roperty Management Services Private Limited [U74900TG2013PTC091024] · Gem Avenues LLP · Staywell Apartments LLP · Druvathara Builders LLP |
|
|
|
|
Enterprises which are owned, or have
significant influence of or are partners with Key management personnel and their
relatives: |
· SV Complexes LLP · Shanta Sriram Infra Developers LLP |
CAPITAL STRUCTURE
AS ON: 31.03.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
25000000 |
Equity Shares |
INR 10/- each |
INR 250.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
13780000 |
Equity Shares |
INR 10/- each |
INR 137.800 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in Million]
ABRIDGED
BALANCE SHEET (STANDALONE)
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
137.800 |
137.800 |
137.800 |
|
(b) Reserves & Surplus |
158.680 |
145.289 |
157.602 |
|
(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) |
296.480 |
283.089 |
295.402 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
71.229 |
144.610 |
178.167 |
|
(b) Deferred tax liabilities (Net) |
0.000 |
0.000 |
0.000 |
|
(c)
Other long term liabilities |
51.422 |
60.176 |
43.618 |
|
(d)
long-term provisions |
1.561 |
1.526 |
0.000 |
|
Total
Non-current Liabilities (3) |
124.212 |
206.312 |
221.785 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
205.243 |
270.862 |
260.486 |
|
(b)
Trade payables |
364.092 |
366.662 |
339.725 |
|
(c)
Other current liabilities |
1497.504 |
1585.129 |
1579.518 |
|
(d)
Short-term provisions |
21.212 |
33.843 |
19.434 |
|
Total
Current Liabilities (4) |
2088.051 |
2256.496 |
2199.163 |
|
|
|
|
|
|
TOTAL |
2508.743 |
2745.897 |
2716.350 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
34.402 |
123.331 |
157.918 |
|
(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 |
53.211 |
53.161 |
52.861 |
|
(c) Deferred tax assets
(net) |
10.035 |
7.492 |
3.555 |
|
(d) Long-term Loan
and Advances |
12.100 |
4.600 |
0.100 |
|
(e)
Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
109.748 |
188.584 |
214.434 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
1576.287 |
1623.135 |
1603.567 |
|
(c)
Trade receivables |
30.000 |
96.800 |
125.659 |
|
(d)
Cash and cash equivalents |
37.323 |
25.830 |
34.595 |
|
(e)
Short-term loans and advances |
755.385 |
811.548 |
738.095 |
|
(f)
Other current assets |
0.000 |
0.000 |
0.000 |
|
Total
Current Assets |
2398.995 |
2557.313 |
2501.916 |
|
|
|
|
|
|
TOTAL |
2508.743 |
2745.897 |
2716.350 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
544.572 |
700.451 |
610.106 |
|
|
|
Other Income |
1.780 |
1.925 |
7.082 |
|
|
|
TOTAL |
546.352 |
702.376 |
617.188 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
116.857 |
190.104 |
276.008 |
|
|
|
Purchases of Stock-in-Trade |
8.120 |
111.899 |
16.729 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
115.313 |
(19.568) |
(179.119) |
|
|
|
Employees benefits expense |
30.230 |
37.680 |
49.950 |
|
|
|
Exceptional items |
(0.087) |
(0.804) |
(0.286) |
|
|
|
Expenditure on production, transportation and other expenditure pertaining to exploration and production activities |
120.265 |
188.204 |
0.000 |
|
|
|
Other expenses |
55.173 |
76.974 |
339.137 |
|
|
|
TOTAL |
445.871 |
584.489 |
502.419 |
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
100.481 |
117.887 |
114.769 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
65.599 |
70.297 |
61.965 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION |
34.882 |
47.590 |
52.804 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
22.944 |
30.143 |
17.913 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX |
11.938 |
17.447 |
34.891 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
(1.453) |
29.760 |
26.945 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
AFTER TAX |
13.391 |
(12.313) |
7.946 |
|
|
|
|
|
|
|
|
|
|
Earnings/(Loss)
Per Share (INR) |
0.97 |
(0.87) |
0.58 |
|
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
NA |
NA |
NA |
|
|
|
|
|
|
Net cash flows from (used in) operations |
60.042 |
86.901 |
39.653 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
41.004 |
67.685 |
(16.687) |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
20.11 |
50.44 |
75.18 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
18.15 |
7.24 |
4.86 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
1063.34 |
443.15 |
423.59 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.06 |
0.07 |
0.07 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
2.92 |
0.96 |
0.73 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.86 |
0.87 |
0.88 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.93 |
1.47 |
1.48 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
7.04 |
7.97 |
7.44 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.12 |
0.44 |
0.53 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
1.53 |
1.68 |
1.85 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
2.46 |
(1.76) |
1.30 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
0.53 |
(0.45) |
0.29 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
4.52 |
(4.35) |
2.69 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.15 |
1.13 |
1.14 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.39 |
0.41 |
0.41 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.12 |
0.10 |
0.11 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
2.01 |
3.02 |
3.18 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.15 |
1.13 |
1.14 |
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 |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
137.800 |
137.800 |
137.800 |
|
Reserves & Surplus |
157.602 |
145.289 |
158.680 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
295.402 |
283.089 |
296.480 |
|
|
|
|
|
|
long-term borrowings |
178.167 |
144.610 |
71.229 |
|
Short term borrowings |
260.486 |
270.862 |
205.243 |
|
Total
borrowings |
438.653 |
415.472 |
276.472 |
|
Debt/Equity
ratio |
1.485 |
1.468 |
0.933 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
610.106 |
700.451 |
544.572 |
|
|
|
14.808 |
-22.254 |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
610.106 |
700.451 |
544.572 |
|
Profit |
7.946 |
(12.313) |
13.391 |
|
|
1.30% |
(1.76%) |
2.46% |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
137.800 |
137.800 |
|
(b) Reserves & Surplus |
|
161.364 |
146.692 |
|
(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) |
|
299.164 |
284.492 |
|
|
|
|
|
|
Minority interest |
|
0.089 |
0.089 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
|
71.229 |
144.610 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c)
Other long term liabilities |
|
51.422 |
60.176 |
|
(d)
long-term provisions |
|
1.561 |
1.526 |
|
Total
Non-current Liabilities (3) |
|
124.212 |
206.312 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
|
214.643 |
280.262 |
|
(b)
Trade payables |
|
369.182 |
366.662 |
|
(c)
Other current liabilities |
|
1560.222 |
1585.505 |
|
(d)
Short-term provisions |
|
21.213 |
33.843 |
|
Total
Current Liabilities (4) |
|
2165.260 |
2266.272 |
|
|
|
|
|
|
TOTAL |
|
2588.725 |
2757.165 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
|
34.402 |
123.331 |
|
(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 |
|
52.900 |
52.850 |
|
(c) Deferred tax assets
(net) |
|
10.035 |
7.491 |
|
(d) Long-term Loan
and Advances |
|
16.811 |
9.296 |
|
(e)
Other Non-current assets |
|
0.000 |
0.000 |
|
Total
Non-Current Assets |
|
114.148 |
192.968 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
1622.394 |
1651.605 |
|
(c)
Trade receivables |
|
30.000 |
96.800 |
|
(d)
Cash and cash equivalents |
|
38.100 |
26.257 |
|
(e)
Short-term loans and advances |
|
783.913 |
789.388 |
|
(f)
Other current assets |
|
0.170 |
0.147 |
|
Total
Current Assets |
|
2474.577 |
2564.197 |
|
|
|
|
|
|
TOTAL |
|
2588.725 |
2757.165 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
|
544.572 |
700.451 |
|
|
|
Other Income |
|
1.780 |
1.925 |
|
|
|
TOTAL |
|
546.352 |
702.376 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
|
124.288 |
190.640 |
|
|
|
Purchases of Stock-in-Trade |
|
8.120 |
111.899 |
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
|
97.676 |
-42.498 |
|
|
|
Employees benefits expense |
|
30.230 |
38.111 |
|
|
|
Exceptional items |
|
-0.087 |
-0.804 |
|
|
|
Expenditure on production, transportation and other expenditure pertaining to exploration and production activities |
|
127.782 |
207.286 |
|
|
|
Other expenses |
|
56.581 |
78.440 |
|
|
|
TOTAL |
|
444.590 |
583.074 |
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
|
101.762 |
119.302 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
65.599 |
70.297 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
36.163 |
49.005 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
22.945 |
30.143 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
BEFORE TAX |
|
13.218 |
18.862 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
|
(1.453) |
29.760 |
|
|
|
|
|
|
|
|
|
|
PROFIT/(LOSS)
AFTER TAX |
|
14.671 |
(10.898) |
|
|
|
|
|
|
|
|
|
|
Earnings/(Loss)
Per Share (INR) |
|
1.06 |
(0.79) |
|
LEGAL CASE
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 |
No |
|
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 |
Yes |
|
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 |
G56885577 |
100127990 |
BANK OF BARODA |
24/08/2017 |
- |
- |
1870000.0 |
OPP ROAD NO. 9WEST
MARREDPALLY ROAD, WEST MARREDPALLYSECUNDERABADTG500026IN |
|
2 |
B95398582 |
10475349 |
HDFC BANK LIMITED |
04/02/2014 |
- |
- |
12470000.0 |
HDFC BANK
HOUSESENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
3 |
B95084661 |
10474603 |
L & T FINANCE
LIMITED |
24/01/2014 |
- |
- |
10026000.0 |
L&T
HOUSE,BALLARD ESTATE,MUMBAIMH400001IN |
|
4 |
B69556371 |
10407845 |
L & T FINANCE
LIMITED |
06/02/2013 |
- |
- |
4847883.0 |
L&T
HOUSE,BALLARD ESTATE,MUMBAIMH400001IN |
|
5 |
B41884909 |
10361260 |
ANDHRA BANK |
07/06/2012 |
- |
- |
72045000.0 |
R P ROAD
BRANCHSECUNDERABADAP500003IN |
|
6 |
B41968637 |
10361458 |
NATIONALISED BANK |
28/05/2012 |
- |
- |
202500000.0 |
R P ROAD
BRANCHSECUNDERABADAP500003IN |
|
7 |
C72565112 |
10376171 |
ANDHRA BANK |
24/03/2012 |
30/10/2015 |
- |
200000000.0 |
R.P.
ROADSECUNDERABADSECUNDERABADTG500003IN |
|
8 |
B30643464 |
10332091 |
BMW INDIA FINANCIAL
SERVICES PRIVATE LIMITED |
18/01/2012 |
- |
- |
29792000.0 |
TOWER C, 14TH
FLOOR, BUILDING NO. 10DLF CYBER CITY, PHASE-IIGURGAONHR122002IN |
|
9 |
A79531968 |
10203106 |
L & T FINANCE
LIMITED |
15/01/2010 |
- |
- |
6273000.0 |
L&T
HOUSE,BALLARD ESTATE,MUMBAIMH400001IN |
|
10 |
A72817570 |
10188138 |
ANDHRA BANK |
31/10/2009 |
- |
- |
78500000.0 |
R P
ROADSECUNDERABADAP500003IN |
|
11 |
G29842424 |
10519303 |
BANK OF INDIA |
07/08/2014 |
- |
30/11/2016 |
55000000.0 |
MADHAPUR BRANCH,
PLOT NO.38, D.NO.1-98/11/3HITECH THEATRE ROAD, MADHAPURHYDERABADTG500081IN |
|
12 |
C69938959 |
10369406 |
3I INFOTECH
TRUSTEESHIP SERVICES LIMITED |
06/07/2012 |
- |
10/11/2015 |
130000000.0 |
3RD TO 6TH FLOOR,
INTERNATIONAL INFOTECH PARK,TOWER NO.5, VASHI RAILWAY STATION COMPLEX,
VASHINAVI MUMBAIMH400703IN |
|
13 |
B64871114 |
10224561 |
STATE BANK OF INDIA |
08/05/2010 |
- |
04/12/2012 |
152500000.0 |
OVERSEAS
BRANCH5-9-300, ABIDS ROAD, NEAR SURYALOK COMPLEXHYDERABADAP500001IN |
|
14 |
A97113716 |
10036304 |
THE BANK OF
RAJASTHAN LTD |
15/02/2007 |
16/06/2010 |
01/10/2010 |
525000000.0 |
15-1-503/A/83HOTEL
RAJDHANI COMPLEX SIDDIAMBER BAZARHYDERABADAP500012IN |
UNSECURED LOANS
|
PARTICULARS |
31.03.2016 (INR
In Million) |
31.03.2015 (INR
In Million) |
|
SHORT TERM BORROWINGS |
|
|
|
Loans and advances from related parties |
2.542 |
74.678 |
|
|
|
|
|
Total |
2.542 |
74.678 |
FIXED ASSETS:
·
Land
·
Office building
·
Furniture and fixtures
·
Motor vehicles
·
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 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 66.77 |
|
|
1 |
INR 90.58 |
|
Euro |
1 |
INR 79.97 |
INFORMATION DETAILS
|
Information
Gathered by : |
GYT |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
ARC |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
YES |
|
--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+ |
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 |
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.