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|
%20PRIVATE%20LIMITED%20-%20510402%2028-May-2018_files/image002.jpg){kind=small}
%20PRIVATE%20LIMITED%20-%20510402%2028-May-2018_files/image004.jpg)
%20PRIVATE%20LIMITED%20-%20510402%2028-May-2018_files/image006.gif)
MIRA
INFORM REPORT
|
Report No. : |
510402 |
|
Report Date : |
28.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
HYDAC (INDIA) PRIVATE LIMITED |
|
|
|
|
Formerly known
as: |
HYDAC HYCOM (INDIA) PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Ladhbhai Mansion, 2nd Floor, 1-A, Mama Darmand Marg, Opera House, Mumbai - 400004, Maharashtra |
|
Tel. No.: |
91-422-2362632 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of
Incorporation : |
05.10.1988 |
|
|
|
|
Com. Reg. No.: |
18-049084 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 18.691 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U33100MH1988PTC049084 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
Not Applicable [As informed by the management that firm does
not have export and import] |
|
|
|
|
TIN No.: |
Not Divulged |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
27AAACH2910B1ZA |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AAACH2910B |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer of all types of Machinery including Hydraulic and other
kinds of Technical Equipment, tool Makers, Brass Founders, Metal Workers,
Boiler Makers, Millwrights, Machinists, etc. [As per Memorandum of
Association] |
|
|
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was incorporated in the year 1988. It is a subsidiary of BUV Beteligungs Und Verwaltungs GMBH. As per the financial records of 2017, the company has achieved a massive growth in its revenue as compared to the previous year’s revenue and has gained an average net profit margin of 2.45%. Rating takes into consideration the company’s long established track record, the healthy financial position marked by sound net worth base along with low debt balance sheet profile and comfortable liquidity parameter. Rating takes into consideration the company’s favourable Earnings Per Share (EPS) of INR 129.39 as against its Face Value (FV) of INR 10. Business is active. Payment seems to be regular. 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
31-03-2018.
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 28.05.2018.
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 BY
|
Name : |
Mr. Harshal Patkar |
|
Designation : |
Sales Manager |
|
Contact No.: |
91-9619920039 |
|
Date : |
20.05.2018 |
LOCATIONS
|
Registered Office: |
Ladhbhai Mansion, 2nd Floor, 1-A, Mama Darmand Marg, Opera House, Mumbai - 400004, Maharashtra, India |
|
Tel. No.: |
Not Available |
|
Mobile No.: |
91-9619920039 [Mr. Harshal Patkar] |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Head office/
Factory 2: |
HYDAC Housem A-58 T.T.C. Ind Area, MIDC Mahape Navi Mumbai 400710, Maharashtra, India |
|
Tel. No.: |
91-22-41118888 |
|
|
|
|
Factory 3: |
H.NO.523/ A-1, S.NO 78 / 79, Shree Rajlaxmi Logistics Park, Near BMC pipeline, Dhamangaon Vadpa, Bhiwandi, Thane 421302, Maharashtra, India |
|
Tel. No.: |
91-2522- 241704 |
|
|
|
|
Factory 4: |
SF:432/2, Chettipalayam village, Chettipalayam -Othakalmandapam Main Road, Coimbatore 641201, Tamilnadu, India |
|
Tel. No.: |
91-422-2362632 |
|
|
|
|
Service Plant: |
No.275, 4th Main Road, 4th Cross, 4th Phase, Peenya Industrial Area, Bangalore 560058, Karnataka, India |
|
Tel. No.: |
91-80- 41123541/ 41123542 |
|
|
|
|
Cylinder Plant |
Plot No. 17(I), 1st Main Road, 2nd Phase, Peenya Industrial Area, Bangalore 560058. Karnataka, India |
|
Tel. No.: |
91-80- 28371301/ 28371302 |
|
|
|
|
Branch Office 1: |
245, 2nd Floor, DLF Tower, 15 Shivaji Marg, Moti Nagar, New Delhi 110015, India |
|
Tel. No.: |
91-11- 45871693 |
|
|
|
|
Branch Office 2: |
Plot No. 8, L Square Building, Office No. 13 & 14, 3rd Floor Sanghvi Nagar, Near Parihar Chowk, Above babyoye Showroom, Aundh, Pune - 411007 Maharashtra, India |
|
Tel. No.: |
91-20- 41209757/ 58/ 59 |
|
|
|
|
Branch Office 3: |
B-910, West Gate, Near YMCA Club, S.G. Highway, Ahmedabad, Gujarat, India |
|
|
|
|
Branch Office 4: |
Raheja Towers Unit.207, II Floor,Beat Wing # 177 Anna Salai Mount Road, Chennai -600 002, Tamilnadu, India |
|
Tel. No.: |
91-44-48538802 |
DIRECTORS
AS ON: 31.03.2017
|
Name : |
Mr. Venkateshwaran Krishnan Krishnan |
||||||||||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||||||||||
|
Address : |
Flat No. 1602, 16th Floor Supreme Signature, Plot No. 33, Sion Trombay Road, Chembur, Mumbai - 400071, Maharashtra, India |
||||||||||||||||||||||||
|
Date of Birth: |
08.06.1961 |
||||||||||||||||||||||||
|
Qualification: |
CA/CS |
||||||||||||||||||||||||
|
Date of Appointment : |
01.02.2013 |
||||||||||||||||||||||||
|
DIN No.: |
00316948 |
||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Name : |
Mr. Umesh Sharad Gandhi |
||||||||||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||||||||||
|
Address : |
53 Sea Gull, M L Dahanukar Marg, Mumbai - 400026, Maharashtra, India |
||||||||||||||||||||||||
|
Date of Birth: |
19.09.1964 |
||||||||||||||||||||||||
|
Qualification: |
BE TECH |
||||||||||||||||||||||||
|
Date of Appointment : |
01.02.2010 |
||||||||||||||||||||||||
|
DIN No.: |
02933726 |
||||||||||||||||||||||||
|
Other Directorship :
|
|||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Name : |
Alexander Dieter |
||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||
|
Address : |
Rotenbuehlerweg 66 Saarbruecken 66123 De |
||||||||||||||||||||||||
|
Date of Appointment : |
14.08.2001 |
||||||||||||||||||||||||
|
DIN No.: |
03357265 |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Name : |
Otmar Schon |
||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||
|
Address : |
Am Friedhof 17 Bexbach Ot 66450 De |
||||||||||||||||||||||||
|
Date of Appointment : |
24.04.1995 |
||||||||||||||||||||||||
|
DIN No.: |
03357453 |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Name : |
Mr. Wolfgang Georg Max Haering |
||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||
|
Address : |
Hallesche Str. 15 Saarbrucken 66121 De |
||||||||||||||||||||||||
|
Date of Appointment : |
29.08.2013 |
||||||||||||||||||||||||
|
DIN No.: |
06667717 |
||||||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
Mr. Kuldeep Singh Rathore |
|
Designation : |
Company Secretary |
|
Address : |
A-19, Radhika Banglows, Near Cadila Bridge Ghodasar, Ahmedabad - 380050, Gujarat, India |
|
Date of Appointment : |
25.07.2016 |
|
PAN No.: |
DQFPS2228E |
|
|
|
|
Name : |
Mr. Harshal Patkar |
|
Designation : |
Sales Manager |
MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN
AS ON: 31.03.2017
|
Names of Shareholders [Shares Shares] |
No. of Shares |
% age holding |
|
Umesh Shared Gandhi |
20 |
0.01 |
|
Vivek Chemical Inds. Private Limited |
2000 |
0.50 |
|
Superlative Finance and Investments Private Limited |
63000 |
15.75 |
|
Razia Shared Gandhi |
38980 |
9.75 |
|
BUV Betaligungs Und Verwaltungs Gmbh |
296000 |
74.00 |
|
|
|
|
|
Total |
400000 |
100.00 |
|
Names of Shareholders [Preference Shares] |
No. of Shares |
% age holding |
|
Superlative Finance and Investments Private Limited |
374400 |
25.48 |
|
BUV Betaligungs Und Verwaltungs Gmbh |
1094715 |
74.52 |
|
|
|
|
|
Total |
1469115 |
100.00 |
AS ON: 29.09.2017
|
Equity Share Breakup |
Percentage of Holding |
|
Category |
|
|
Promoters (Body corporate) |
15.75 |
|
Promoters (Others - Foreign Body Corporate) |
74.00 |
|
Public/Other than promoters (Individual/Hindu Undivided Family - Indian) |
9.75 |
|
Public/Other than promoters (Body corporate) |
0.50 |
|
|
|
|
Total |
100.00 |
%20PRIVATE%20LIMITED%20-%20510402%2028-May-2018_files/image008.gif)
BUSINESS DETAILS
|
Line of Business : |
Manufacturer of all types of Machinery including Hydraulic and other
kinds of Technical Equipment, tool Makers, Brass Founders, Metal Workers,
Boiler Makers, Millwrights, Machinists, etc. [As per Memorandum of
Association] |
||||||||
|
|
|
||||||||
|
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 : |
|
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|
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||||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||
|
No. of Employees : |
Not Divulged |
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||
|
Facilities : |
|
|
|
|
|
Auditors : |
|
|
Name : |
Naren and Company Chartered Accountants |
|
Address : |
301, Heena Gaurav Heights, Next To Reliance Energy, S.V. R O A D , Kandivali (We S T ) , Mumbai-400067, Maharashtra, India |
|
Income-tax
PAN of auditor or auditor's firm : |
AACPM5755G |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Fellow
Subsidiary Company: |
· Hydac Private Limited, Australia · Hydac BV · Hydac SP Z.o.o · Hydac Australia · Hydac Technology Shanghai Limited · Hydac Akiskan Kontrol Sustemleri SA Limited · Hydac Service GMBH · Hydac Cooling GMBH · Hydac Filter Systems GMBH · Hydac Filtertechnik GMBH · Hydac OY · Hydac P Tk Produktionstechnik GMBH · Hydac SA Cooling GMBH · Hydac System GMBH · Hydac Technology Corporation · Hydrosaar GMBH · Hydac AG · Hydac Accessories GMBH · Hydac Electronic GMBH · Hydac Fluidtechnik GMBH · Hydac Process Technology GMBH · Hydac S.A.R.L · Hydac Sa Cooling Systems · Hydac Service GMBH · Hydac Technology Corporation · Hydac Technology PTE Limited · Hydac Spol S.R.O · Hydac A/S · Hydac Filter Systems GMBH · Hydac Private Limited Australia · Hydac BV · Hydac SP Z.O.O · Hydac Australia · Hydac Technology Shanghai Limited |
|
|
|
|
Holding
Company: |
Buv Betelingugns UND Verwaltungs GMBH |
CAPITAL STRUCTURE
AS ON: 29.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
400000 |
Equity Shares |
INR 10/- each |
INR 4.000 Million |
|
1900000 |
Preference Shares |
INR 10/- each |
INR 19.000 Million |
|
|
Total |
|
INR 23.000
Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
400000 |
Equity Shares |
INR 10/- each |
INR 4.000 Million |
|
1469115 |
Preference Shares |
INR 10/- each |
INR 14.691
Million |
|
|
Total |
|
INR 18.691 Million |
AS ON: 31.03.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
860000 |
Equity Shares |
INR 10/- each |
INR 8.600 Million |
|
1469115 |
Preference Shares |
INR 10/- each |
INR 14.691 Million |
|
|
Total |
|
INR 23.291
Million |
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
400000 |
Equity Shares |
INR 10/- each |
INR 4.000 Million |
|
1469115 |
Preference Shares |
INR 10/- each |
INR 14.691
Million |
|
|
Total |
|
INR 18.691 Million |
FINANCIAL DATA
[all figures are
in INR Million]
ABRIDGED
BALANCE SHEET
|
SOURCES OF FUNDS |
31.03.2017 [12 Months] |
31.03.2016 [3 Months] |
31.12.2015 |
|
I.
EQUITY AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
18.691 |
18.400 |
18.400 |
|
(b) Reserves & Surplus |
650.886 |
541.191 |
583.863 |
|
(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) |
669.577 |
559.591 |
602.263 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) Long-term borrowings |
4.712 |
5.603 |
6.007 |
|
(b) Deferred tax liabilities (Net) |
21.969 |
19.211 |
0.000 |
|
(c)
Other long term liabilities |
0.000 |
0.000 |
0.000 |
|
(d)
long-term provisions |
19.568 |
24.143 |
25.902 |
|
Total
Non-current Liabilities (3) |
46.249 |
48.957 |
31.909 |
|
|
|
|
|
|
(4) Current Liabilities |
|
|
|
|
(a)
Short term borrowings |
213.988 |
169.023 |
124.930 |
|
(b)
Trade payables |
969.035 |
1075.934 |
1097.337 |
|
(c)
Other current liabilities |
92.117 |
75.400 |
62.023 |
|
(d)
Short-term provisions |
26.511 |
21.960 |
32.097 |
|
Total
Current Liabilities (4) |
1301.651 |
1342.317 |
1316.387 |
|
|
|
|
|
|
TOTAL |
2017.477 |
1950.865 |
1950.559 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1) Non-current assets |
|
|
|
|
(a)
Fixed Assets |
|
|
|
|
(i)
Tangible assets |
440.001 |
371.153 |
369.008 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii)
Capital work-in-progress |
6.607 |
1.014 |
0.000 |
|
(iv) Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current
Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets
(net) |
0.000 |
0.000 |
10.951 |
|
(d) Long-term Loan
and Advances |
94.530 |
28.110 |
30.213 |
|
(e)
Other Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total
Non-Current Assets |
541.138 |
400.277 |
410.172 |
|
|
|
|
|
|
(2) Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
597.772 |
640.896 |
636.134 |
|
(c)
Trade receivables |
755.586 |
739.033 |
726.766 |
|
(d)
Cash and cash equivalents |
37.858 |
76.937 |
57.001 |
|
(e)
Short-term loans and advances |
82.232 |
71.194 |
98.632 |
|
(f)
Other current assets |
2.891 |
22.528 |
21.854 |
|
Total
Current Assets |
1476.339 |
1550.588 |
1540.387 |
|
|
|
|
|
|
TOTAL |
2017.477 |
1950.865 |
1950.559 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 [12 Months] |
31.03.2016 [3 Months] |
31.12.2015 |
|
|
|
SALES |
|
|
|
|
|
|
|
Revenue from Operations |
2114.960 |
525.990 |
1748.212 |
|
|
|
Other Income |
39.748 |
4.337 |
54.893 |
|
|
|
TOTAL |
2154.708 |
530.327 |
1803.105 |
|
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
|
|
Cost of Materials Consumed |
1313.287 |
381.821 |
1110.245 |
|
|
|
Purchases of Stock-in-Trade |
|
|
|
|
|
|
Changes in inventories of finished goods, work-in-progress
and Stock-in-Trade |
12.689 |
-28.924 |
9.064 |
|
|
|
Employees benefits expense |
340.266 |
75.798 |
263.338 |
|
|
|
Other expenses |
353.465 |
100.942 |
310.478 |
|
|
|
TOTAL |
2019.707 |
529.637 |
1693.125 |
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE INTEREST, TAX, DEPRECIATION AND AMORTISATION |
135.001 |
0.690 |
109.980 |
|
|
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
21.733 |
4.835 |
11.368 |
|
|
|
|
|
|
|
|
|
|
PROFIT
BEFORE TAX, DEPRECIATION AND AMORTISATION |
113.268 |
(4.145) |
98.612 |
|
|
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
35.062 |
7.972 |
31.113 |
|
|
|
|
|
|
|
|
|
|
PROFIT BEFORE
TAX |
78.206 |
(12.117) |
67.499 |
|
|
|
|
|
|
|
|
|
Less |
TAX |
26.450 |
30.555 |
(4.081) |
|
|
|
|
|
|
|
|
|
|
PROFIT AFTER TAX
|
51.756 |
(42.672) |
71.580 |
|
|
|
|
|
|
|
|
|
|
Earnings Per
Share (INR) |
|
|
|
|
|
|
Basic |
129.39 |
(106.68) |
178.95 |
|
|
|
Diluted |
123.60 |
(103.82) |
174.16 |
|
CURRENT MATURITIES OF LONG TERM DEBT DETAILS
|
PARTICULARS |
31.03.2017 [12 Months] |
31.03.2016 [3 Months] |
31.12.2015 |
|
Current Maturities of Long term debt |
0.922 |
1.559 |
1.521 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
39.338 |
(2.545) |
131.061 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
10.663 |
(11.841) |
110.477 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2017 [12 Months] |
31.03.2016 [3 Months] |
31.12.2015 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
130.40 |
512.84 |
151.74 |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
2.80 |
0.71 |
2.41 |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
269.32 |
1028.53 |
360.76 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.23 |
0.00 |
0.17 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
0.30 |
0.00 |
0.30 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2017 [12 Months] |
31.03.2016 [3 Months] |
31.12.2015 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.65 |
0.69 |
0.68 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
0.33 |
0.31 |
0.22 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
1.94 |
2.40 |
2.19 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.67 |
0.67 |
0.61 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
6.21 |
0.14 |
9.67 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 [12 Months] |
31.03.2016 [3 Months] |
31.12.2015 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
2.45 |
(8.11) |
4.09 |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
2.57 |
(2.19) |
3.67 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
7.73 |
(7.63) |
11.89 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2017 [12 Months] |
31.03.2016 [3 Months] |
31.12.2015 |
|
Current Ratio (Current
Assets / Current Liabilities) |
1.13 |
1.16 |
1.17 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.67 |
0.68 |
0.69 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.33 |
0.29 |
0.31 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
11.75 |
9.58 |
7.20 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
1.13 |
1.16 |
1.17 |
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
|
Particulars |
31.03.2015 |
31.03.2016
[3
Months] |
31.03.2017
[12
Months] |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Share Capital |
18.400 |
18.400 |
18.691 |
|
Reserves & Surplus |
583.863 |
541.191 |
650.886 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
602.263 |
559.591 |
669.577 |
|
|
|
|
|
|
long-term borrowings |
6.007 |
5.603 |
4.712 |
|
Short term borrowings |
124.930 |
169.023 |
213.988 |
|
Current Maturities of Long
term debt |
1.521 |
1.559 |
0.922 |
|
Total
borrowings |
132.458 |
176.185 |
219.622 |
|
Debt/Equity
ratio |
0.220 |
0.315 |
0.328 |
%20PRIVATE%20LIMITED%20-%20510402%2028-May-2018_files/image010.gif)
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2015 |
31.03.2016
[3
Months] |
31.03.2017
[12
Months] |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
1748.212 |
525.990 |
2114.960 |
|
|
|
(69.913) |
302.091 |
%20PRIVATE%20LIMITED%20-%20510402%2028-May-2018_files/image012.gif)
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2015 |
31.03.2016
[3
Months] |
31.03.2017
[12
Months] |
|
|
INR
In Million |
INR
In Million |
INR
In Million |
|
Sales |
1748.212 |
525.990 |
2114.960 |
|
Profit/(Loss) |
71.580 |
(42.672) |
51.756 |
|
|
4.09% |
(8.11%) |
2.45% |
%20PRIVATE%20LIMITED%20-%20510402%2028-May-2018_files/image014.gif)
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 |
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 |
INDEX OF CHARGES
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
DATE OF SATISFACTION |
AMOUNT |
ADDRESS |
|
1 |
G42572214 |
90224632 |
DEUTSCHE BANK |
09/06/1995 |
24/04/2017 |
- |
500000000.0 |
THE CAPITAL, 14TH
FLOOR, C-70, G BLOCK,BANDRA KURLA COMPLEX,MUMBAIMH400051IN |
FIXED ASSETS:
·
Land
·
Buildings
·
Factory building
·
Plant and equipment
·
Factory equipment’s
·
Furniture and fixtures
·
Vehicles
·
Office equipment
·
Computer equipment’s
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts, 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 68.26 |
|
UK Pound |
1 |
INR 91.22 |
|
Euro |
1 |
INR 79.88 |
INFORMATION DETAILS
|
Information
Gathered by : |
SVA |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
Report Prepared
by : |
ARC |
SCORE FACTORS
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
YES |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
Company
background and 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.