|
|
|
MIRA
INFORM REPORT
|
Report No. : |
512313 |
|
Report Date : |
29.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
ROSSINI S.P.A. |
|
|
|
|
Registered Office : |
Via De Gasperi, 5, 20027-
Rescaldina(MI)-IT |
|
|
|
|
Country : |
Italy |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
01.01.1928 |
|
|
|
|
Legal Form : |
Joint stock company |
|
|
|
|
Line of Business : |
Manufacture
of other rubber products n.e.c. |
|
|
|
|
No. of Employees : |
From 91 to 110 |
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 |
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) |
|
Italy |
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 |
ITALY - ECONOMIC OVERVIEW
Italy’s economy compromises a developed industrial north, dominated by private companies, and a less-developed, highly subsidized, agricultural south, with a legacy of unemployment and underdevelopment. The Italian economy is driven in large part by the manufacture of high-quality consumer goods produced by small and medium-sized enterprises, many of them family-owned. Italy also has a sizable underground economy, which by some estimates accounts for as much as 17% of GDP. These activities are most common within the agriculture, construction, and service sectors.
Italy is the third-largest economy in the euro zone, but its exceptionally high public debt and structural impediments to growth have rendered it vulnerable to scrutiny by financial markets. Public debt has increased steadily since 2007, reaching 131% of GDP in 2017. Investor concerns about Italy and the broader euro-zone crisis eased in 2013, bringing down Italy's borrowing costs on sovereign government debt from euro-era records. The government still faces pressure from investors and European partners to sustain its efforts to address Italy's longstanding structural economic problems, including labor market inefficiencies, a sluggish judicial system, and a weak banking sector. Italy’s economy returned to modest growth in late 2014 for the first time since 2011. In 2015-16, Italy’s economy grew at about 1% each year, and in 2017 growth accelerated to 1.5% of GDP. In 2017, overall unemployment was 11.4%, but youth unemployment remained high at 37.1%.
|
Source : CIA |
COMPANY NAME AND ADDRESS
|
Rossini
S.p.a. |
|
Via |
De
Gasperi, |
5 |
|
20027 |
-
Rescaldina |
(MI) |
-IT- |
Summary
|
Fiscal
Code |
: |
00101040152 |
|
Legal
Form |
: |
Joint
stock company |
|
start
of Activities |
: |
01/06/1990 |
|
Equity |
: |
Over
2.582.254 |
|
Turnover
Range |
: |
20.000.000/25.000.000
|
|
Number
of Employees |
: |
from 91
to 110 |
Activity
Manufacture
of other rubber products n.e.c.
Legal Data
Legal
Form : Joint stock company
|
Fiscal
Code : 00101040152 |
|
Foreign
Trade Reg. no. : MI059333 since 20/12/1991 |
|
Foreign
Trade Reg. no. : 59333 of Milano since 20/12/1991 |
|
Foreign
Trade Reg. no. : 059333 of Milano since 20/12/1991 |
|
Chamber
of Commerce no. : 101634 of L'Aquila |
|
Chamber
of Commerce no. : 147586 of Milano since 26/04/1928 |
|
Firms'
Register : MI146-158921 of Milano since 19/02/1996 |
|
V.A.T.
Code : 00101040152 |
|
Tribunal
Co. Register : 158921 of |
|
Foundation
date |
:
01/01/1928 |
|
|
Establishment
date |
:
05/06/1987 |
|
|
Start
of Activities |
:
01/06/1990 |
|
|
Legal
duration |
:
31/12/2050 |
|
|
Nominal
Capital |
:
1.560.000 |
|
|
Subscribed
Capital |
:
1.560.000 |
|
|
Paid up
Capital |
:
1.560.000 |
|
Legal
mail : |
DIREZIONE@PEC.ROSSINI-SPA.IT |
Members
|
|
Cromi |
Mario |
|
|
Born in
Gorla Minore |
(VA) |
on
25/09/1936 |
-
Fiscal Code : CRMMRA36P25E102W |
|
|
Residence: |
Giacchetti |
, 121 |
- 21055 |
Gorla
Minore |
(VA) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
12/01/2015 |
|
|
Fagnani |
Paola |
|
|
Born in
Milano |
(MI) |
on
01/06/1950 |
-
Fiscal Code : FGNPLA50H41F205L |
|
|
Residence: |
Lovanio |
, 5 |
- 20100 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
12/01/2015 |
||
|
Managing
Director |
12/01/2015 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Rossini |
Felice |
|
|
Born in
Varese |
(VA) |
on
27/09/1943 |
-
Fiscal Code : RSSFLC43P27L682S |
|
|
Residence: |
Lovanio |
, 5 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Board
Chairman |
12/01/2015 |
||
|
Director |
12/01/2015 |
||
|
Managing
Director |
12/01/2015 |
||
|
Procurator |
08/01/2018 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Trebbi |
Giovanni |
|
|
Born in
Sestino |
(AR) |
on
01/01/1961 |
-
Fiscal Code : TRBGNN61A01I681O |
|
|
Residence: |
Industriale |
- 67100 |
L'Aquila |
(AQ) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Procurator |
02/04/2004 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
|
|
Rossini |
Giulia
Maria |
|
|
Born in
Milano |
(MI) |
on
11/07/1973 |
-
Fiscal Code : RSSGMR73L51F205B |
|
|
Residence: |
Broletto |
, 39 |
- 20121 |
Milano |
(MI) |
- IT - |
|
Position |
Since |
Shares
Amount |
%
Ownership |
|
Director |
12/01/2015 |
||
|
Managing
Director |
10/01/2017 |
|
|
No
Prejudicial events are reported |
|
|
No
Protests registered |
Companies
connected to members *
*checkings
have been performed on a national scale.
In this
module are listed the companies in which members hold or have holded positions.
|
|
Fagnani |
Paola |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
ERRE
DUE - S.R.L. |
L'Aquila
(AQ) - IT - |
01230970665 |
Sole
Director |
Withdrawn |
Registered |
|
Grimaldi
Due - Societa' Semplice |
Ventimiglia
(IM) - IT - |
90022460084 |
Partner |
Active |
Registered |
|
Tirrenum
- Societa' Semplice |
Milano
(MI) - IT - |
96687840015 |
Partner |
Active |
Registered |
|
ROSSINI
SPAIN PRINTING ROLLERS SA |
Cabrera
Del Mar - Barcelona - ES - |
A08057051 |
Vice-Chairman |
Active |
Registered |
|
|
Rossini |
Felice |
|
Firm's
Style |
Seat |
Fiscal
Code |
Position |
Position
Status |
Firm's
Status |
|
C.p.a.
Centro Promozionale Acimga S.p.a. |
Milano
(MI) - IT - |
03138420157 |
Director |
Active |
Registered |
|
Centrexpo
Spa |
Milano
(MI) - IT - |
04687000150 |
Director |
Withdrawn |
Ceased |
|
Centrexpo
Spa |
Milano
(MI) - IT - |
04687000150 |
Board
Chairman |
Withdrawn |
Ceased |
|
Ipack-ima
S.p.a |
Milano
(MI) - IT - |
01620110153 |
Director |
Withdrawn |
Registered |
|
Tirrenum
- Societa' Semplice |
Milano
(MI) - IT - |
96687840015 |
Partner |
Active |
Registered |
|
NUOVE
INIZIATIVE FIERISTICHE S.R.L. |
Bologna
(BO) - IT - |
02286911207 |
Sole
Director |
Withdrawn |
Registered |
|
ROSSINI
SPAIN PRINTING ROLLERS SA |
Cabrera
Del Mar - Barcelona - ES - |
A08057051 |
Board
Chairman |
Active |
Registered |
|
C.p.a.
Holding S.r.l. |
Milano
(MI) - IT - |
08638150964 |
Director |
Withdrawn |
Registered |
The
indication "REGISTERED" as Firm Status could refer to Firms in
Liquidation, Active, Inactive, etc.
For more
information, in this case, we advise to request further investigations.
Capital Shareholders
Shareholders'
list as at date of data collection:
|
Firm's
Style / Name |
Seat /
Residence |
Fiscal
Code |
Owned
Shares |
%
Ownership |
|
Fagnani
Paola |
Milano
- IT - |
FGNPLA50H41F205L |
239.148
.Eur |
15,33 |
|
Rossini
Felice |
Milano
- IT - |
RSSFLC43P27L682S |
1.320.852
.Eur |
84,67 |
Direct Participations
The
Company under review has participations in the following Companies:
|
Firm's
Style |
Seat |
Fiscal
Code |
Owned
Shares Amount |
%
Ownership |
since |
until |
Share
Status |
|
ROSSINI
SPAIN PRINTING ROLLERS SA |
Cabrera
Del Mar - Barcelona - ES - |
100,00 |
Active |
||||
|
ERRE
DUE - S.R.L. |
L'Aquila
- IT - |
01230970665 |
826.331
.Eur |
80,00 |
Active |
Firm's location and structure
In order
to carry out its activities the firm uses the following locations:
|
- |
Legal
and operative seat |
|
De
Gasperi |
, 5 |
- 20027 |
-
Rescaldina |
(MI) |
- IT - |
|
Legal
mail |
:
DIREZIONE@PEC.ROSSINI-SPA.IT |
|
- |
Branch |
(Factory) |
since
14/05/2001 |
|
Bazzano |
- 67100 |
-
L'Aquila |
(AQ) |
- IT - |
|
Employees |
: 102 |
|
Fittings
and Equipment for a value of 1.450.000 |
Eur |
|
Stocks
for a value of 2.730.000 |
Eur |
The firm
operates abroad as importer / exporter..
To
purchase foreign products the firm uses the following channels :
|
-
distributors |
Export
represents from 20% to 50% of the global turnover.
Products
abroad are placed by :
|
- its
own agents |
|
- its
own foreign branches |
Historical
Information and/or Firm's Status
CHANGES
TO THE LEGAL FORM:
|
Former
legal form |
New
legal form |
Changement
Date |
|
Limited
liability company |
Joint
stock company |
05/06/1987 |
CEASINGS/INCORPORATIONS/MERGES:
|
|
The
firm absorved |
|
|
|
|
Zona
Industriale Fraz. Bazzano |
, 67100 |
,
L'Aquila |
(AQ) |
- IT - |
|
|
Fiscal
Code: 01230970665 |
|
|
Date |
: |
07/05/2001 |
|
|
Project
of merging by taking over of |
|
|
|
|
Zona
Industriale Fraz. Bazzano |
, 67100 |
,
L'Aquila |
(AQ) |
- IT - |
|
|
Fiscal
Code: 01230970665 |
|
|
Date |
Merging/splitting-up
project: |
18/12/2000 |
|
|
The
firm absorbed by merging of |
|
|
|
|
Zona
Industriale Fraz. Bazzano |
, 67100 |
,
L'Aquila |
(AQ) |
- IT - |
|
|
Fiscal
Code: 01230970665 |
|
|
Date |
: |
07/05/2001 |
Protests
Protests
checking on the subject firm has given a negative result.
Data Base Prejudicial Events Search
Search
performed on a National Scale
|
|
Prejudicial
Events Search Result: NEGATIVE |
Search
performed on a specialized data base.
Legal Procedures
None
reported, standing to the latest received edition of the Official Publications.
National Real Estates Survey
The firm
under review, by the reported percentages, owns the following real estates:
|
Town |
Cadastre |
No.
Immovables |
Up to
Date |
|
L'AQUILA
(AQ) |
Buildings |
4 |
28/05/2018 |
|
RESCALDINA
(MI) |
Buildings |
2 |
28/05/2018 |
|
Buildings
Details |
|
Cadastre |
Title |
Location |
Sheet
No. |
Particle
No. |
Sub No. |
Categorie |
Classe |
Consistence |
Cadastrial
Rent |
Part
No. |
|
B |
Proprieta'
per 1/1 |
L'AQUILA
(AQ) STRADA NUCLEO INDUSTRIALE DI BAZZANO, Piano T - 0001 |
004/28 |
1284 |
2 |
zona4
cat. D/1 |
Euro:
29.503,94 |
28756 |
||
|
B |
Proprieta'
per 1/1 |
L'AQUILA
(AQ) STRADA NUCLEO INDUSTRIALE DI BAZZANO, Piano T |
004/28 |
1284 |
3 |
zona4
cat. D/1 |
Euro:
72,30 |
28756 |
||
|
B |
Proprieta'
per 1/1 |
L'AQUILA
(AQ) STRADA NUCLEO INDUSTRIALE DI BAZZANO, Piano T-1 |
004/28 |
1782 |
zona4
cat. D/7 |
Euro:
4.326,26 |
||||
|
B |
Proprieta'
per 1/1 |
L'AQUILA
(AQ) VIA PAGANICA, 66 Piano 2-3 |
98 |
540 |
29 |
zona1
cat. A/3 |
5 |
4,5
vani |
Euro:546,15 |
|
|
B |
Proprieta'
per 1/1 |
RESCALDINA
(MI) VIALE ALCIDE DE GASPERI, 5 Piano T-S1 |
11 |
154 |
501 |
cat.
D/7 |
Euro:
15.978,00 |
|||
|
B |
Proprieta'
per 1/1 |
RESCALDINA
(MI) VIA VINCENZO GIOBERTI, 10 Piano T |
11 |
208 |
708 |
cat.
C/2 |
4 |
174 mq |
Euro:350,47 |
All
responsibilities are declined regarding any possible omissions concerning the
given results. Therefore, we advise to request for "Hypothecating Survey
Inspection" c/o the locally competent RR.II. Immovables Registry, as this
service doesn't fully guarantees the actual title of the Real Estates of the
requested Subject.
Financial and Economical Analysis
The company
is active since 1990
The
analysis is based on the latest 3 balance sheets.
Under an
economic point of view, profits were registered during the last years with a
r.o.e. of 7,22% in 2016 with a stable trend in the turnover.
The
operating result in 2016 was positive (4,36%) and reflects the field's average.
The
operating result is positive and amounts to Eur. 1.742.587 on stable levels if
compared to the previous year.
The
economic management produced a gross operating margin of Eur. 2.059.501 stable
if compared to the financial year 2015.
The
company has an excellent net worth if compared to its debts, with a low
indebtedness (0,66) which is yet rising if compared to 2015.
Subject
can manage an equity capital funds for an amount of Eur. 14.941.431 on the same
levels as the year before.
Total
debts recorded amounted to Eur. 23.141.983 (Eur. 8.913.093 of which were m/l
term debts) with no important change.
Bank
exsposure is limited and the suppliers' credit is modest too, 80 gg. is the
payment average period which is also lower than the sector average.
The
management determines a good range of liquidity.
Accounts
receivable average term is 83,48 days. , a better value than the sector's
average.
Eur.
1.395.857 is the value of cash flow during the year 2016
Subordinate
employment cost is of Eur. 5.789.406, i.e. 23,68% on total production costs. ,
whereas the incidence of such costs on sales revenues is equal to 23,2%.
If
compared to the sales volume (-0,4%), the impact of the financial charges is
limited.
Financial Data
|
|
Complete
balance-sheet for the year |
al
31/12/2016 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
24.952.477 |
|
Profit
(Loss) for the period |
1.078.943 |
|
|
Complete
balance-sheet for the year |
al
31/12/2015 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
25.412.311 |
|
Profit
(Loss) for the period |
985.377 |
|
|
Complete
balance-sheet for the year |
al
31/12/2014 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
22.422.075 |
|
Profit
(Loss) for the period |
906.297 |
|
|
Complete
balance-sheet for the year |
al
31/12/2013 |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
22.505.322 |
|
Profit
(Loss) for the period |
728.688 |
|
|
Complete
balance-sheet for the year |
al
31/12/2012 |
(in Eur |
x 1) |
|
Item
Type |
Value |
|
Sales |
22.682.176 |
|
Profit
(Loss) for the period |
972.547 |
Balance Sheets
From our
constant monitoring of the relevant Public Administration offices, no more
recent balance sheets result to have been filed.
|
-
Balance Sheet as at 31/12/2016 - 12 Mesi - Currency: - Amounts x 1 |
|
-
Balance Sheet as at 31/12/2015 - 12 Mesi - Currency: - Amounts x 1 |
|
-
Balance Sheet as at 31/12/2014 - 12 Mesi - Currency: - Amounts x 1 |
|
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|
|
RATIOS |
Value
Type |
as at 31/12/2016 |
as at 31/12/2015 |
as at 31/12/2014 |
Sector Average |
|
COMPOSITION
ON INVESTMENT |
|||||
|
Rigidity
Ratio |
Units |
0,44 |
0,48 |
0,58 |
0,37 |
|
Elasticity
Ratio |
Units |
0,56 |
0,52 |
0,41 |
0,61 |
|
Availability
of stock |
Units |
0,07 |
0,05 |
0,07 |
0,14 |
|
Total
Liquidity Ratio |
Units |
0,49 |
0,46 |
0,34 |
0,40 |
|
Quick
Ratio |
Units |
0,28 |
0,28 |
0,05 |
0,01 |
|
COMPOSITION
ON SOURCE |
|||||
|
Net
Short-term indebtedness |
Units |
0,66 |
0,08 |
0,49 |
2,25 |
|
Self
Financing Ratio |
Units |
0,37 |
0,40 |
0,49 |
0,25 |
|
Capital
protection Ratio |
Units |
0,82 |
0,82 |
0,82 |
0,77 |
|
Liabilities
consolidation quotient |
Units |
0,69 |
0,83 |
0,65 |
0,25 |
|
Financing |
Units |
1,55 |
1,38 |
0,90 |
2,89 |
|
Permanent
Indebtedness Ratio |
Units |
0,62 |
0,66 |
0,68 |
0,49 |
|
M/L
term Debts Ratio |
Units |
0,25 |
0,26 |
0,19 |
0,12 |
|
Net
Financial Indebtedness Ratio |
Units |
0,86 |
0,31 |
0,43 |
1,13 |
|
CORRELATION |
|||||
|
Fixed
assets ratio |
Units |
1,41 |
1,39 |
1,17 |
1,12 |
|
Current
ratio |
Units |
1,56 |
1,65 |
1,41 |
1,10 |
|
Acid
Test Ratio-Liquidity Ratio |
Units |
1,37 |
1,48 |
1,17 |
0,78 |
|
Structure's
primary quotient |
Units |
0,85 |
0,84 |
0,85 |
0,64 |
|
Treasury's
primary quotient |
Units |
0,80 |
0,89 |
0,17 |
0,02 |
|
Rate of
indebtedness ( Leverage ) |
% |
267,33 |
250,20 |
203,40 |
400,87 |
|
Current
Capital ( net ) |
Value |
8.032.388 |
7.366.246 |
3.368.025 |
122.005 |
|
RETURN |
|||||
|
Return
on Sales |
% |
5,59 |
5,64 |
5,60 |
3,12 |
|
Return
on Equity - Net- ( R.O.E. ) |
% |
7,22 |
6,80 |
6,54 |
1,12 |
|
Return
on Equity - Gross - ( R.O.E. ) |
% |
11,03 |
11,22 |
11,05 |
7,08 |
|
Return
on Investment ( R.O.I. ) |
% |
4,36 |
4,88 |
4,27 |
3,17 |
|
Return/
Sales |
% |
6,98 |
6,97 |
5,37 |
3,04 |
|
Extra
Management revenues/charges incid. |
% |
61,92 |
55,65 |
75,32 |
18,11 |
|
Cash
Flow |
Value |
1.395.857 |
1.433.028 |
1.255.634 |
177.056 |
|
Operating
Profit |
Value |
1.742.587 |
1.770.687 |
1.203.318 |
81.874 |
|
Gross
Operating Margin |
Value |
2.059.501 |
2.218.338 |
1.625.750 |
249.142 |
|
MANAGEMENT |
|||||
|
Credits
to clients average term |
Days |
83,48 |
41,42 |
79,21 |
109,51 |
|
Debts
to suppliers average term |
Days |
80,00 |
71,66 |
79,24 |
100,86 |
|
Average
stock waiting period |
Days |
39,36 |
27,02 |
31,54 |
49,84 |
|
Rate of
capital employed return ( Turnover ) |
Units |
0,62 |
0,70 |
0,79 |
1,05 |
|
Rate of
stock return |
Units |
9,15 |
13,32 |
11,41 |
7,21 |
|
Labour
cost incidence |
% |
23,20 |
22,52 |
24,96 |
18,93 |
|
Net
financial revenues/ charges incidence |
% |
-0,40 |
0,03 |
0,91 |
-1,59 |
|
Labour
cost on purchasing expenses |
% |
23,68 |
23,96 |
25,74 |
19,09 |
|
Short-term
financing charges |
% |
0,75 |
0,27 |
2,03 |
2,93 |
|
Capital
on hand |
% |
160,08 |
142,68 |
125,79 |
95,40 |
|
Sales
pro employee |
Value |
252.045 |
142.765 |
128.862 |
159.094 |
|
Labour
cost pro employee |
Value |
58.478 |
32.157 |
32.165 |
32.607 |
Remarks
1)
Protests checking (relative to the last five years) performed by crossing and
matching the members names and the Firm's Style with the reported addresses, is
supplied by the Informatic Registry managed by the Italian Chamber of Commerce.
If the fiscal code is not indicated, the eventual homonymous cases are
submitted to expert staff evaluation in order to limit wrong matching risks.
2) The
Legal Data, supplied and retrived from the Firm's Registry of the Italian
Chamber of Commerce, are in line with the last registered modifications.
3) Risk
evaluation and Credit Opinion have been performed on the base of the actual
data at the moment of their availability.
Market / Territory Data
|
Population
living in the province |
: |
|
|
Population
living in the region |
: |
|
|
Number
of families in the region |
: |
|
Monthly
family expences average in the region (in Eur..) :
|
- per
food products |
: |
|
|
- per
non food products |
: |
|
|
- per
energy consume |
: |
|
Sector Data
The
values are calculated on a base of 99 significant companies.
The
companies cash their credits on an average of 110 dd.
The
average duration of suppliers debts is about 101 dd.
The
sector's profitability is on an average of 3,12%.
The
labour cost affects the turnover in the measure of 18,93%.
Goods are
held in stock in a range of 50 dd.
The
difference between the sales volume and the resources used to realize it is
about 1,05.
The
employees costs represent the 19,09% of the production costs.
Statistical Detrimental Data
Statistcally
the trade activity shows periods of crisis.
The area
is statistically considered lowly risky.
In the
region 50.886 protested subjects are found; in the province they count to
24.765.
The
insolvency index for the region is 0,55, , while for the province it is 0,66.
Total
Bankrupt companies in the province : 22.523.
Total
Bankrupt companies in the region : 39.612.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.44 |
|
|
1 |
INR 89.89 |
|
Euro |
1 |
INR 79.00 |
|
Euro |
1 |
INR 78.30 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
SYL |
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.