|
|
|
MIRA INFORM REPORT
|
Report No. : |
511748 |
|
Report Date : |
29.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
ANVIL CABLES PRIVATE LIMITED |
|
|
|
|
Registered
Office : |
Room No.102, Krishna, 1st Floor, 224, A. J. C. Bose Road, Kolkata – 700017, West Bengal |
|
Tel. No.: |
91-33-305866336/ 30586222/23 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2017 |
|
|
|
|
Date of Incorporation
: |
20.02.2001 |
|
|
|
|
Com. Reg. No.: |
21-092922 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 37.290 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U25199WB2001PTC092922 |
|
|
|
|
IEC No.: [Import-Export Code No.] |
0200018744 |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AACCA9943K |
|
|
|
|
Legal Form : |
Private Limited Liability Company |
|
|
|
|
Line of Business
: |
Manufacturer, Importer, Exporter and Supplier of Cables, Conductors and Wires. (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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Usually correct |
|
|
|
|
Litigation : |
Clear |
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|
|
|
Comments : |
Subject was incorporated in the year 2001. It is a manufacturer, importer, exporter and supplier of cables and conductors.
|
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
|
Rating Agency Name |
CARE |
|
Rating |
Long term Loans (BBB) |
|
Rating Explanation |
Moderate degree of safety and moderate credit risk. |
|
Date |
05.09.2017 |
|
Rating Agency Name |
CARE |
|
Rating |
Short term Loans (A3) |
|
Rating Explanation |
Moderate degree of safety and higher credit risk. |
|
Date |
05.09.2017 |
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 29.05.2018
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. Brajraj Rai |
|
Designation : |
Quality Incharge |
|
Contact No.: |
91-7070097325 |
|
Date : |
26.05.2018 |
LOCATIONS
|
Registered Office : |
Room No.102, Krishna, 1st Floor, 224, A. J. C. Bose Road, Kolkata – 700017, West Bengal, India |
|
Tel. No.: |
91-33-305866336/ 30586222/23 |
|
Fax No.: |
91-33-30586334 |
|
E-Mail : |
|
|
Website : |
|
|
Location : |
Owned |
|
Locality : |
Commercial |
|
|
|
|
Factory : |
Large Sector, Adityapur Industrial Area, Kandra Main Road, Gamharia,Seraikella, Kharsawan, Jamshedpur-832109, Jharkhand, India |
|
Tel. No.: |
91-657-2387161 |
|
Fax No.: |
91-657-2387161 |
|
E-Mail : |
|
|
Location : |
Leased |
DIRECTORS
As on 31.03.2017
|
Name : |
Mr. Tushar Dalmia |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
Suket Apartment 20, Ballygunge Circular Road, Ballygunge, Kolkata-700019, West Bengal, India |
||||||||||||||||||||
|
Date of Birth/Age : |
01.02.1983 |
||||||||||||||||||||
|
Date of Appointment : |
10.06.2005 |
||||||||||||||||||||
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PAN No.: |
AGIPD4384J |
||||||||||||||||||||
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DIN No: |
00252468 |
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Other Directorship:
|
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|
|
|
||||||||||||||||||||
|
Name : |
Mrs. Renu Dalmia |
||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||
|
Address : |
Suket Apartment 20, Ballygunge Circular Road, Ballygunge Kolkata 700019, West Bengal, India |
||||||||||||||||||||
|
Date of Birth/Age : |
17.04.1963 |
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|
Date of Appointment : |
02.06.2003 |
||||||||||||||||||||
|
PAN No.: |
AGIPD4387M |
||||||||||||||||||||
|
DIN No: |
00252480 |
||||||||||||||||||||
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Other Directorship:
|
|||||||||||||||||||||
KEY EXECUTIVES
|
Name : |
PKP and Associates |
|
Designation : |
Practicing Company Secretary |
|
Address : |
Suite No.5, 1st Floor, 8/1, Middleton Row, Kolkata –
700071, West Bengal, India |
|
Mob. No: |
91-9903202951 |
|
Tel. No: |
91-33-22171900 |
|
Email: |
|
|
|
|
|
Name : |
Mr. Brajraj Rai |
|
Designation : |
Quality Incharge |
MAJOR SHAREHOLDERS
As on 31.03.2017
|
Names of Shareholders |
No. of Shares |
% of Holding |
|
Tushar Dalmia |
|
548300 |
|
Renu Dalmia |
|
402200 |
|
Sunil Dalmia |
|
154000 |
|
Richa Agarwal Dalmia |
|
25000 |
|
Tushar Dalmia (HUF) |
|
91500 |
|
Kishaloy Vyapar Private Limited, India |
|
844000 |
|
Anvil Electricals Private Limited, India |
|
170000 |
|
Japer Suppliers Private Limited |
|
1024000 |
|
Vivek Nand Jha |
|
5000 |
|
Kali Kant Jha |
|
5000 |
|
Jodhraj Finassist Private Limited, India |
|
55000 |
|
Bluebird Mercantiles Private Limited, India |
|
35000 |
|
Sunnytex Investments Private Limited, India |
|
30000 |
|
Mohan Hire Purchase Private Limited, India |
|
10000 |
|
Mot Cab Finance Private Limited, India |
|
15000 |
|
S.J.R. Auto Financiers Private Limited, India |
|
55000 |
|
Kamala Fincon Private Limited, India |
|
5000 |
|
Nutshell Vyapaar Private Limited, India |
|
25000 |
|
Priyamvada Finvest Private Limited, India |
|
15000 |
|
Sai Baba Finvest Private Limited, India |
|
15000 |
|
Saini Motor Finance Company Limited, India |
|
20000 |
|
Sarvodaya Beopar Limited, India |
|
10000 |
|
Shree Mata Finance Private Limited, India |
|
15000 |
|
S.H. Trading and Credit Private Limited, India |
|
15000 |
|
Sita Ram Investment Limited, India |
|
20000 |
|
Arrowspace Commosales Private Limited, India |
|
60000 |
|
Remind Trade Ventures Private Limited, India |
|
60000 |
|
Total |
|
3729000 |
Equity Share Break up (Percentage of Total Equity)
As on: 06.07.2017
|
Category |
Percentage |
|
Promoters (Individual/Hindu Undivided Family – Indian) |
33.01 |
|
Promoters (Body corporate) |
54.65 |
|
Public/Other than promoters (Body corporate) |
12.34 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business
: |
Manufacturer, Importer, Exporter and Supplier of Cables, Conductors and Wires. (Registered activity) |
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Products / Services
: |
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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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|
|
||||||
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Terms : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
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Customers : |
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No. of Employees : |
Not Divulged |
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|
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Bankers : |
|
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Facilities : |
|
|
Auditors : |
|
|
Name : |
SDY and Company Chartered Accountants |
|
Address : |
1, Gibson Lane, 2nd Floor, Room No. 203, Kolkata, West Bengal, India |
|
Income-tax
PAN of auditor or auditor's firm : |
ACEFS8874Q |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Enterprises which
are owned, or have significant influence of or are partners with Key management
personnel and their relatives: |
Anvil Electricals Private Limited (U31908WB2006PTC109738) |
CAPITAL STRUCTURE
As on: 30.09.2017
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3750000 |
Equity Shares |
INR 10/- each |
INR 37.500 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
3729000 |
Equity Shares |
INR 10/- each |
INR 37.290 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 |
37.290 |
34.410 |
33.210 |
|
(b) Reserves and Surplus |
567.948 |
421.354 |
362.994 |
|
(c) Money
received against share warrants |
0.000 |
0.000 |
0.000 |
|
(d) Minority interest |
0.000 |
0.000 |
0.000 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
0.000 |
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
605.238 |
455.764 |
396.204 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
21.505 |
30.820 |
40.192 |
|
(b) Deferred tax liabilities (Net) |
16.789 |
11.690 |
8.098 |
|
(c) Other long-term
liabilities |
39.475 |
5.000 |
0.000 |
|
(d) long-term
provisions |
0.000 |
0.000 |
0.000 |
|
Total Non-current
Liabilities (3) |
77.769 |
47.510 |
48.290 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
351.153 |
301.381 |
280.810 |
|
(b) Trade
payables |
719.414 |
315.411 |
223.410 |
|
(c) Other
current liabilities |
169.070 |
53.033 |
46.962 |
|
(d) Short-term
provisions |
29.080 |
2.827 |
2.851 |
|
Total Current
Liabilities (4) |
1268.717 |
672.651 |
554.033 |
|
|
|
|
|
|
TOTAL |
1951.724 |
1175.926 |
998.527 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
174.261 |
134.270 |
112.090 |
|
(ii)
Intangible Assets |
0.000 |
0.000 |
0.000 |
|
(iii) Tangible assets
capital work-in-progress |
0.000 |
0.000 |
0.000 |
|
(iv)
Intangible assets under development |
0.000 |
0.000 |
0.000 |
|
(b) Non-current Investments |
0.000 |
0.000 |
0.000 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
11.000 |
5.296 |
2.939 |
|
(e) Other
Non-current assets |
0.000 |
0.000 |
0.000 |
|
Total Non-Current
Assets |
185.261 |
139.566 |
115.029 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
0.000 |
14.400 |
0.000 |
|
(b)
Inventories |
825.688 |
574.966 |
465.437 |
|
(c) Trade
receivables |
729.402 |
358.929 |
347.185 |
|
(d) Cash and
bank balances |
162.040 |
41.411 |
29.517 |
|
(e)
Short-term loans and advances |
46.773 |
44.675 |
38.754 |
|
(f) Other current
assets |
2.560 |
1.979 |
2.605 |
|
Total
Current Assets |
1766.463 |
1036.360 |
883.498 |
|
|
|
|
|
|
TOTAL |
1951.724 |
1175.926 |
998.527 |
PROFIT
& LOSS ACCOUNT
|
|
PARTICULARS |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Total
Revenue from operations |
2933.127 |
1883.759 |
1680.423 |
|
|
Other Income |
17.338 |
7.280 |
12.028 |
|
|
TOTAL |
2950.465 |
1891.039 |
1692.451 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
2024.036 |
1559.842 |
1419.076 |
|
|
Purchases of
Stock-in-Trade |
426.104 |
53.642 |
34.375 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
(140.753) |
(8.357) |
(7.297) |
|
|
Employee benefit expense |
76.932 |
32.814 |
22.885 |
|
|
Other expenses |
278.056 |
103.534 |
111.054 |
|
|
TOTAL |
2664.375 |
1741.475 |
1580.093 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
286.090 |
149.564 |
112.358 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
96.366 |
75.409 |
50.662 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
189.724 |
74.155 |
61.696 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
8.940 |
6.707 |
3.999 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
180.784 |
67.448 |
57.697 |
|
|
|
|
|
|
|
Less |
TAX |
65.870 |
22.288 |
22.039 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
114.914 |
45.160 |
35.658 |
|
|
|
|
|
|
|
|
EARNINGS IN FOREIGN
CURRENCY |
|
|
|
|
|
F.O.B. Value of Exports |
971.885 |
387.826 |
0.000 |
|
|
TOTAL EARNINGS |
971.885 |
387.826 |
0.000 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
30.816 |
13.124 |
10.737 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Maturities of Long term debt |
10.520 |
9.046 |
5.174 |
|
|
|
|
|
|
Net cash flows from (used in) operations |
262.069 |
144.281 |
99.176 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
219.151 |
122.908 |
80.961 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Average Collection Days [Sundry Debtors / Income * 365] |
|
90.77 |
69.55 |
75.41 |
|
|
|
|
|
|
|
Account Receivables Turnover [Income / Sunday Debtors] |
|
4.02 |
5.25 |
4.84 |
|
|
|
|
|
|
|
Average Payment Days [Sundry Creditors /
Purchases * 365] |
|
107.17 |
71.35 |
56.10 |
|
|
|
|
|
|
|
Inventory Turnover [Operating Income /
Inventories] |
|
0.35 |
0.26 |
0.24 |
|
|
|
|
|
|
|
Asset Turnover [Operating Income / Net Fixed
Assets] |
|
1.64 |
1.11 |
1.00 |
LEVERAGE RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Debt Ratio [(Borrowing + Current Liabilities) / Total Assets] |
|
0.67 |
0.61 |
0.60 |
|
|
|
|
|
|
|
Debt Equity Ratio (Borrowings / NetWorth) |
|
0.63 |
0.75 |
0.82 |
|
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities
/ NetWorth) |
|
2.10 |
1.48 |
1.40 |
|
|
|
|
|
|
|
Fixed Assets to NetWorth (Net Fixed Assets /
NetWorth) |
|
0.29 |
0.29 |
0.28 |
|
|
|
|
|
|
|
Interest Coverage Ratio [PBIT / Financial
Charges] |
|
2.97 |
1.98 |
2.22 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Net Profit Margin [(PAT / Sales) * 100] |
(%) |
3.92 |
2.40 |
2.12 |
|
|
|
|
|
|
|
Return on Total Assets [(PAT / Total Assets)
* 100] |
(%) |
5.89 |
3.84 |
3.57 |
|
|
|
|
|
|
|
Return on Investment (ROI) [(PAT / NetWorth)
* 100] |
(%) |
18.99 |
9.91 |
9.00 |
SOLVENCY RATIO
|
PARTICULARS |
|
31.03.2017 |
31.03.2016 |
31.03.2015 |
|
Current Ratio [Current Assets / Current Liabilities] |
|
1.39 |
1.54 |
1.59 |
|
|
|
|
|
|
|
Quick Ratio [(Current Assets - Inventories)
/ Current Liabilities] |
|
0.74 |
0.69 |
0.75 |
|
|
|
|
|
|
|
G-Score Ratio Financial [NetWorth / Total
Assets] |
|
0.31 |
0.39 |
0.40 |
|
|
|
|
|
|
|
G-Score Ratio Debt [Debts / Equity Capital] |
|
10.28 |
9.92 |
9.82 |
|
|
|
|
|
|
|
G-Score Ratio Liquidity [Total Current
Assets / Total Current Liabilities] |
|
1.39 |
1.54 |
1.59 |
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 |
33.210 |
34.410 |
37.290 |
|
Reserves & Surplus |
362.994 |
421.354 |
567.948 |
|
Net
worth |
396.204 |
455.764 |
605.238 |
|
|
|
|
|
|
Long-term borrowings |
40.192 |
30.820 |
21.505 |
|
Short term borrowings |
280.810 |
301.381 |
351.153 |
|
Current maturities of
long-term debts |
5.174 |
9.046 |
10.520 |
|
Total
borrowings |
326.176 |
341.247 |
383.178 |
|
Debt/Equity
ratio |
0.823 |
0.749 |
0.633 |
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 |
1680.423 |
1883.759 |
2933.127 |
|
|
|
12.100 |
55.706 |
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 |
1680.423 |
1883.759 |
2933.127 |
|
Profit/ (Loss) |
35.658 |
45.160 |
114.914 |
|
|
2.12
% |
2.40
% |
3.92
% |
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 |
Yes |
|
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 |
Yes |
|
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 |
NOTE: Registered office of the company has been shifted
from “20, Ballygunge Circular Road, 5th Floor, 5-BC, Ballygunge, Kolkata –
700019, West Bengal, India” to the present
address w.e.f. 21.08.2008.
STATE OF COMPANY'S
AFFAIR
The Company is engaged in the business of manufacturing of cables and conductors. The Annual Net Profit of the Company is INR 114.914 million.
CORPORATE INFORMATION
Subject the company is the leading manufacturer and exporter of Cables, Conductors and Wires having ISO 9001: 2008 certification. The Company is Government of India recognized Export House exporting to various parts of the world. Company's products are regularly tested and passed in ILAC accredited laboratories.
UNSECURED LOAN
|
PARTICULARS |
31.03.2017 (INR
in Million) |
31.03.2016 (INR
in Million) |
|
Short-term
borrowings |
|
|
|
Inter corporate borrowings |
57.959 |
6.078 |
|
Total |
57.959 |
6.078 |
INDEX
OF CHARGES
|
SNo |
SRN |
Charge Id |
Charge Holder Name |
Date of Creation |
Date of Modification |
Date of Satisfaction |
Amount |
Address |
|
1 |
G87560611 |
100177311 |
HDFC BANK LIMITED |
26/04/2018 |
- |
- |
1085911.0 |
KAMALA MILLS COMPOUNDSENAPATI BAPAT MARG, LOWER PARELMUMBAIMH400013IN |
|
2 |
G70192182 |
100140330 |
SBI GLOBAL FACTORS LIMITED |
24/11/2017 |
- |
- |
50000000.0 |
6TH FLOOR, METROPOLITAN BUILDING, BANDRA-KURLACOMPLEX, BANDRA(EAST)MUMBAIMa400051IN |
|
3 |
G41294729 |
100090704 |
ICICI BANK LIMITED |
27/10/2016 |
- |
- |
650000.0 |
ICICI Bank Tower, Near Chakli Circle,Old Padra RoadVadodaraGu390007IN |
|
4 |
G42333187 |
100049969 |
CENTRAL BANK OF INDIA |
29/08/2016 |
21/04/2017 |
- |
123300000.0 |
Corporate Finance Branch33, Netaji Subhas RoadKolkataWB700001IN |
|
5 |
G09755455 |
100044943 |
BANK OF INDIA |
25/07/2016 |
25/07/2016 |
- |
185000000.0 |
KOLKATA MID CORPORATE BRANCH5, B. T. M. SARANIKOLKATAWB700001IN |
|
6 |
G08259913 |
100040950 |
INDUSIND BANK LIMITED |
05/07/2016 |
- |
- |
730000.0 |
41 SHAKESPEARE SARANIKOLKATAWB700017IN |
|
7 |
G04871828 |
10097637 |
State Bank of India |
25/03/2008 |
09/05/2016 |
- |
674800000.0 |
Commercial Branch, Jeevandeep1,Middleton Street, Jeevandeep Building, 2nd FloorKolkataWB700071IN |
|
8 |
G04866125 |
10075182 |
State Bank of India |
27/09/2007 |
09/05/2016 |
- |
674800000.0 |
Commercial Branch, Jeevandeep1,Middleton Street, Jeevandeep Building, 2nd FloorKolkataWB700071IN |
|
9 |
C64269756 |
10550340 |
DBS Bank Ltd |
18/02/2015 |
- |
16/09/2015 |
10000000.0 |
4A, NANDALAL BASU SARANI,KOLKATAWB700071IN |
|
10 |
C20568218 |
80009315 |
PUNJAB NATIONAL BANK |
24/12/2004 |
21/08/2007 |
29/08/2014 |
100000000.0 |
44, PARK STREETKOLKATAWB700016IN |
FIXED ASSETS
- Land
- Building
- Furniture and
Fixture
- Computer
- Plant and
Machinery
- Vehicle
- Office equipment
- 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 67.44 |
|
|
1 |
INR 89.89 |
|
Euro |
1 |
INR 79.00 |
INFORMATION DETAILS
|
Information
Gathered by : |
SWT |
|
|
|
|
Analysis Done by
: |
NYT |
|
|
|
|
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.