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|
|
MIRA INFORM REPORT
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Report No. : |
508246 |
|
Report Date : |
11.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
ANU INDUSTRIES LIMITED (w.e.f. 03.12.2001) |
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Formerly Known
As : |
ANU INDUSTRIES PRIVATE LIMITED ANU AUTO INDUSTRIES PRIVATE LIMITED |
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Registered
Office : |
A-9, Ashok Vihar, Phase – I, New Delhi-110052 |
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Tel. No.: |
91-124-4801400 / 4801427 |
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Country : |
India |
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Financials (as
on) : |
31.03.2017 |
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Date of
Incorporation : |
06.05.1986 |
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Com. Reg. No.: |
55-024134 |
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Capital
Investment / Paid-up Capital : |
INR 110.000 Million |
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CIN No.: [Company Identification
No.] |
U72190DL1986PLC024134 |
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IEC No.: [Import-Export Code No.] |
Not Divulged |
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GSTN : [Goods & Service Tax
Registration No.] |
07AAACA1140L1Z2 |
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TIN No: |
Not Available |
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TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
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PAN No.: [Permanent Account No.] |
AAACA1140L |
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Legal Form : |
A Closely Held Public Limited Liability Company |
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Line of Business
: |
Subject is primarily engaged in the manufacturing and sale of Automotive Components. (Registered activity) |
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No. of Employees
: |
Information declined by the management |
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 |
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Maximum Credit Limit : |
USD 1300000 |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Clear |
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Comments : |
Subject was incorporated in the year 1986 having a good track record. It is engaged in manufacturing and selling of automotive components. For the financial year 2017, the company has achieved marginal growth in its revenue as compared to its previous year along with thin profit margin during the year. The company possesses satisfactory financial risk profile marked by adequate net worth base and ideal debt protection metrics. Rating continue to derive strength from its long and established track record of its business operation backed by its well experienced promoters and management team in automobile industry. However, rating strengths are partially offset by competition faced from large number of players in automobile industry, being the auto component maker with strong of technical know-how requirements which exerts pressure on the profitability margins. Payments seems to be regular. In view of 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 |
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High Risk |
C2 |
|
Very High Risk |
D |
EXTERNAL AGENCY RATING
|
Rating Agency Name |
Not Available |
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Rating |
Not Available |
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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 11.05.2018
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 : |
Mr. Manoj Tomar |
|
Designation : |
Marketing Manager |
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Contact No.: |
91-9289136846 |
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Date : |
10.05.2018 |
91-124-4801451 (Accounts Department)
LOCATIONS
|
Registered Office : |
A-9, Ashok Vihar, Phase-I, New Delhi-110052, India |
|
Tel. No.: |
Not Available |
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Mobile No.: |
91-9289136846 (Mr. Manoj Tomar) |
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Fax No.: |
Not Available |
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E-Mail : |
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Website : |
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Factory 1: |
Plot No.102-103, Udyog Vihar, Phase – IV, Gurugram-122015, Haryana,
India |
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Tel. No.: |
91-124-4801400 / 4801427 |
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Fax No.: |
91-124-2340685 / 2468965 |
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E-Mail : |
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Factory 2: |
Plot No. 52, Sector-3, IMT, Manesar, |
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Factory 3: |
Plot No. 154, Trunk Road, Porur, Chennai, Tamilnadu, India
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Factory 4 : |
Also Located at: Haridwar, Uttaranchal, India |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Anil Minda |
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Designation : |
Managing Director |
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Address : |
A-9, Ashok Vihar, Phase-I, Delhi-110052, India |
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Date of Birth : |
29.12.1954 |
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Qualification : |
Engineering |
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Date of Appointment : |
01.04.2013 |
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DIN No.: |
00321553 |
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PAN No.: |
AATPM3795M |
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Other Directorship:
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Name : |
Mrs. Kalpana Minda |
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Designation : |
Director |
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Address : |
A-9, Phase-1, Ashok Vihar, Delhi-110052, India |
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Date of Birth : |
06.06.1955 |
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Qualification : |
Post Graduate |
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Date of Appointment : |
06.05.1986 |
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DIN No.: |
02443552 |
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PAN No.: |
AATPM3794L |
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Other Directorship:
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Name : |
Mr. Sanjay Dhawan |
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Designation : |
Director |
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Address : |
H.No.-933, Sector 17-B, Gurgram-122001, Haryana, India |
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Date of Birth/Age : |
20.05.1958 |
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PAN No.: |
AAGPD4013Q |
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Qualification : |
Post Graduate |
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Date of Appointment : |
30.09.2013 |
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DIN No.: |
01275608 |
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Other Directorship:
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Name : |
George Robin Thomas |
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Designation : |
Wholetime Director |
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Address : |
The Mills, Kalloopara Pathanamthitta – 689543, Kerala, India |
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Date of Birth/Age : |
18.07.1958 |
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PAN No.: |
AAJPT8887B |
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Qualification : |
Post Graduate |
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Date of Appointment : |
01.10.2016 |
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DIN No.: |
07674590 |
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Name : |
Mr. Nishthakar Arya |
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Designation : |
Director |
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Address : |
H. No. 1156, Sector – 9, Faridabad - 121006, Haryana, India |
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Date of Birth/Age : |
22.12.1956 |
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PAN No.: |
AAHPA2754J |
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Qualification : |
Post Graduate |
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Date of Appointment : |
17.01.2017 |
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DIN No.: |
00004774 |
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KEY EXECUTIVES
|
Name : |
Mr. Manoj Tomar |
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Designation : |
Marketing Manager |
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|
Name : |
Mrs. Richa Minda |
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Designation : |
Chief Financial Officer (KMP) |
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Date of Birth/Age : |
31.03.1982 |
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Qualification : |
Post Graduate |
|
Address : |
K-10/29A, DLF Phase-II, Gurugram-122002, Haryana, India |
|
Date of Appointment : |
30.09.2014 |
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PAN No: |
AHWPM1136A |
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|
Name : |
Mrs. Payal Girotra |
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Designation : |
Company Secretary |
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Address : |
M-334, G.F. Orchid Island, Sector-51, Gurugram-122018, Haryana, India |
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Date of Birth/Age : |
12.03.1992 |
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Qualification : |
Company Secretary |
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Date of Appointment : |
26.11.2015 |
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PAN No: |
AWWPG6289K |
MAJOR SHAREHOLDERS
As on 31.03.2017
|
Names of Shareholders |
|
No. of Shares |
|
Minda and Associates |
|
5178000 |
|
Mr. Anil Minda |
|
2906700 |
|
Mrs. Kalpana Minda |
|
2426360 |
|
Growfast Securities and Credit Limited |
|
202800 |
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Kritika Overseas Private Limited |
|
90000 |
|
Swell Exports (Private ) Limited |
|
87500 |
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Mr. adesh Minda |
|
83540 |
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Ela Overseas Private Limited |
|
25000 |
|
Ms. Richa Minda |
|
100 |
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Total |
|
11000000 |
Equity Share Break up (Percentage of Total Equity)
As on 30.09.2017
|
Category |
Percentage |
|
Promoter – (Individual/ Hindu Undivided
Family – Indian) |
49.24 |
|
Public - Bodies corporate |
50.76 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Subject is primarily engaged in the manufacturing and sale of Automotive Components. (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 : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
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Suppliers : |
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Customers : |
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No. of Employees : |
Information declined by the management |
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Bankers : |
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Facilities : |
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Auditors : |
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Name : |
V. C. Gautam and Company Chartered Accountants |
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Address : |
B-3, Kailash Colony, New Delhi-110048, India |
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PAN N Income-tax PAN of auditor or auditor's firm : |
AAAFV3990J |
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Memberships : |
Not Available |
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Collaborators : |
Not Available |
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Associates: |
U11200DL2008PLC183011 |
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|
|
Enterprises which
are owned, or have significant influence of or are partners with Key
management personnel and their relatives |
L52110DL1986PLC025118
U34300DL2005PLC139206
U74899DL1998PLC094894
U74899DL1995PLC071138
U27101DL2005PTC141949
U72200DL2005PLC136246 |
CAPITAL STRUCTURE
As on 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
11000000 |
Equity Shares |
INR 10/- each |
INR 110.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
11000000 |
Equity Shares |
INR 10/- each |
INR 110.000 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
110.000 |
110.000 |
110.000 |
|
(b) Reserves and Surplus |
342.541 |
333.897 |
315.685 |
|
(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) |
452.541 |
443.897 |
425.685 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
274.313 |
322.398 |
112.011 |
|
(b) Deferred tax liabilities (Net) |
60.255 |
57.069 |
46.519 |
|
(c) Other long-term
liabilities |
0.000 |
0.000 |
0.000 |
|
(d) long-term
provisions |
8.887 |
4.571 |
3.103 |
|
Total Non-current
Liabilities (3) |
343.455 |
384.038 |
161.633 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term borrowings |
304.671 |
251.201 |
272.943 |
|
(b) Trade
payables |
423.239 |
421.292 |
386.790 |
|
(c) Other
current liabilities |
110.591 |
71.480 |
183.154 |
|
(d) Short-term
provisions |
8.294 |
5.851 |
0.642 |
|
Total Current
Liabilities (4) |
846.795 |
749.824 |
843.529 |
|
|
|
|
|
|
TOTAL |
1642.791 |
1577.759 |
1430.847 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
729.924 |
694.960 |
670.793 |
|
(ii)
Intangible Assets |
10.998 |
9.041 |
6.940 |
|
(iii) Tangible assets
capital work-in-progress |
30.999 |
46.696 |
32.935 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
13.955 |
15.457 |
16.854 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
5.544 |
3.652 |
11.800 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
791.420 |
769.806 |
739.322 |
|
|
|
|
|
|
(2) Current
assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
314.433 |
341.195 |
326.624 |
|
(c) Trade
receivables |
344.177 |
330.038 |
310.030 |
|
(d) Cash and
bank balances |
28.365 |
12.934 |
8.409 |
|
(e) Short-term
loans and advances |
162.839 |
123.786 |
46.427 |
|
(f) Other
current assets |
1.557 |
0.000 |
0.035 |
|
Total
Current Assets |
851.371 |
807.953 |
691.525 |
|
|
|
|
|
|
TOTAL |
1642.791 |
1577.759 |
1430.847 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
1620.599 |
1614.213 |
1536.148 |
|
|
Other Income |
10.087 |
43.641 |
21.492 |
|
|
TOTAL |
1630.686 |
1657.854 |
1557.640 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
994.059 |
1025.865 |
999.890 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
11.325 |
2.698 |
7.125 |
|
|
Employee benefit expense |
266.988 |
258.982 |
197.153 |
|
|
Other expenses |
251.668 |
254.410 |
264.719 |
|
|
TOTAL |
1524.040 |
1541.955 |
1468.887 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
106.646 |
115.899 |
88.753 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
50.547 |
49.674 |
49.688 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
56.099 |
66.225 |
39.065 |
|
|
|
|
|
|
|
Less |
DEPRECIATION/
AMORTISATION |
40.859 |
37.465 |
33.666 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
15.240 |
28.760 |
5.399 |
|
|
|
|
|
|
|
Less |
TAX |
6.596 |
10.550 |
4.924 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
8.644 |
18.210 |
0.475 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
59.032 |
105.377 |
108.992 |
|
|
TOTAL EARNINGS |
59.032 |
105.377 |
108.992 |
|
|
|
|
|
|
|
|
IMPORTS |
|
|
|
|
|
Raw Materials |
123.688 |
333.564 |
340.294 |
|
|
Capital Goods |
7.753 |
22.457 |
9.888 |
|
|
TOTAL IMPORTS |
131.441 |
356.021 |
350.182 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
0.786 |
1.655 |
0.043 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
29.323 |
0.973 |
97.837 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
99.930 |
(58.981) |
110.957 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
92.756 |
(84.825) |
104.619 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days [Sundry Debtors / Income * 365] |
|
77.52 |
74.63 |
73.67 |
|
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
|
4.71 |
4.89 |
4.95 |
|
|
|
|
|
|
|
Average Payment Days [Sundry Creditors /
Purchases * 365] |
|
155.41 |
149.89 |
141.19 |
|
|
|
|
|
|
|
Inventory Turnover [Operating Income /
Inventories] |
|
0.34 |
0.34 |
0.27 |
|
|
|
|
|
|
|
Asset Turnover [Operating Income / Net Fixed
Assets] |
|
0.14 |
0.15 |
0.12 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets] |
|
0.70 |
0.68 |
0.74 |
|
|
|
|
|
|
|
Debt Equity Ratio (Borrowings / NetWorth) |
|
1.34 |
1.29 |
1.13 |
|
|
|
|
|
|
|
Current Liabilities to Networth (Current
Liabilities / NetWorth) |
|
1.87 |
1.69 |
1.98 |
|
|
|
|
|
|
|
Fixed Assets to NetWorth (Net Fixed Assets /
NetWorth) |
|
1.71 |
1.69 |
1.67 |
|
|
|
|
|
|
|
Interest Coverage Ratio [PBIT / Financial
Charges] |
|
2.11 |
2.33 |
1.79 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin [(PAT / Sales) * 100] |
(%) |
0.53 |
1.13 |
0.03 |
|
|
|
|
|
|
|
Return on Total Assets [(PAT / Total Assets)
* 100] |
(%) |
0.53 |
1.15 |
0.03 |
|
|
|
|
|
|
|
Return on Investment (ROI) [(PAT / NetWorth)
* 100] |
(%) |
1.91 |
4.10 |
0.11 |
SOLVENCY RATIO
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio [Current Assets / Current Liabilities] |
|
1.01 |
1.08 |
0.82 |
|
|
|
|
|
|
|
Quick Ratio [(Current Assets - Inventories) /
Current Liabilities] |
|
0.63 |
0.62 |
0.43 |
|
|
|
|
|
|
|
G-Score Ratio Financial [NetWorth / Total
Assets] |
|
0.28 |
0.28 |
0.30 |
|
|
|
|
|
|
|
G-Score Ratio Debt [Debts / Equity Capital] |
|
5.53 |
5.22 |
4.39 |
|
|
|
|
|
|
|
G-Score Ratio Liquidity [Total Current
Assets / Total Current Liabilities] |
|
1.01 |
1.08 |
0.82 |
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 |
110.000 |
110.000 |
110.000 |
|
Reserves & Surplus |
315.685 |
333.897 |
342.541 |
|
Net
worth |
425.685 |
443.897 |
452.541 |
|
|
|
|
|
|
Long-term borrowings |
112.011 |
322.398 |
274.313 |
|
Short term borrowings |
272.943 |
251.201 |
304.671 |
|
Current maturities of
long-term debts |
97.837 |
0.973 |
29.323 |
|
Total
borrowings |
482.791 |
574.572 |
608.307 |
|
Debt/Equity
ratio |
1.134 |
1.294 |
1.344 |
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 |
1536.148 |
1614.213 |
1620.599 |
|
|
|
5.082 |
0.396 |
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 |
1536.148 |
1614.213 |
1620.599 |
|
Profit/ (Loss) |
0.475 |
18.210 |
8.644 |
|
|
0.03
% |
1.13
% |
0.53
% |
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 |
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 |
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 |
GENERAL INFORMATION
The Company registered with Registrar of Companies vide registration Numbe "U72190DL1986PLC024134", is a public limited company domiciled in India and incorporated on 6th May 1986 under the provisions of the Companies Act, 2013. The registered office of the company is situated at A-9, Ashok Vihar, Phase-I, New Delhi - 110052. The company is primarily engaged in the manufacturing and sale of Automotive Components. The company caters to both international and domestic market. The company has its manufacturing plants located at Gurgaon, Manesar, Haridwar and Chennai. In these financial statements, current year figures are from April 1st 2016 to March 31st 2017. The functional and reporting currency of the Company is Indian Rupees (INR).
FINANCIAL SUMMARY OR
HIGHLIGHTS/PERFORMANCE OF THE COMPANY
During the year, sales amounted to INR 1620.599 million as against INR 1614.213 million in the previous year. The Company has earned a Net Profit after tax amounting to INR 8.644 million as against INR 18.210 million in the previous year.
UNSECURED LOAN
|
Unsecured Loan |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Long-term
Borrowings |
|
|
|
Term loans from others |
176.569 |
179.201 |
|
Loans and advances from others |
44.238 |
0.000 |
|
Total |
220.807 |
179.201 |
INDEX
OF CHARGES
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
B77257400 |
10371376 |
YES BANK LIMITED |
25/06/2012 |
27/05/2013 |
- |
90000000.0 |
9TH FLOOR, NEHRU CENTRE, DISCOVERY OF INDIA,DR. ANNIE BESANT ROAD, WORLI,MUMBAIMH400018IN |
|
2 |
B41019456 |
10359169 |
ICICI BANK LIMITED |
04/06/2012 |
- |
- |
51000000.0 |
LANDMARKRACE COURCE CIRCLEALKAPURIBARODAGJ390015IN |
|
3 |
C06760243 |
10219480 |
KOTAK MAHINDRA BANK LIMITED |
29/04/2010 |
16/06/2014 |
- |
412100000.0 |
7th Floor AMBADEEP BUILDING14, K G MARG, CONNAUGHT PLACENEW DELHIDL110001IN |
|
4 |
A33290743 |
10090182 |
KOTAK MAHINDRA BANK LIMITED |
07/02/2008 |
- |
- |
8700000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
5 |
A51645190 |
10087893 |
KOTAK MAHINDRA BANK LIMITED |
05/02/2008 |
11/11/2008 |
- |
198800000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
6 |
A21118427 |
10064479 |
KOTAK MAHINDRA BANK LIMITED |
30/07/2007 |
- |
- |
95000000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
7 |
A25466251 |
10081087 |
KOTAK MAHINDRA BANK LIMITED |
30/07/2007 |
- |
- |
95000000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
8 |
A51645331 |
80023032 |
KOTAK MAHINDRA BANK LIMITED |
20/08/2004 |
15/10/2008 |
- |
143700000.0 |
7TH FLOOR, AMBADEEP BUILDINGKASTURBA GANDHI MARGNEW DELHIDL110001IN |
|
9 |
Y10127726 |
90047631 |
HARYANA STATE INDL. DEV. CORP. LTD. |
07/10/1999 |
18/05/2000 |
- |
4000000.0 |
SECTOR 17- ACHANDIGARHCHIN |
|
10 |
Y10126812 |
90046717 |
HARYANA STATE INDL. DEV. CORP. LTD. |
12/12/1996 |
- |
- |
12000000.0 |
SECTOR 17- ACHANDIGARHCHIN |
FIXED ASSETS
- Land
- Buildings
- Office building
- Plant and equipment
- Factory equipments
- Furniture and fixtures
- Vehicles
- Motor vehicles
- Office equipment
- Computer equipments
- 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 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 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 67.38 |
|
|
1 |
INR 91.39 |
|
Euro |
1 |
INR 79.89 |
INFORMATION DETAILS
|
Information
Gathered by : |
SLK |
|
|
|
|
Analysis Done by
: |
NSG |
|
|
|
|
Report Prepared
by : |
MTN |
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.