|
|
|
MIRA INFORM REPORT
|
Report No. : |
512267 |
|
Report Date : |
31.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
ATS INFRASTRUCTURE LIMITED |
|
|
|
|
Registered
Office : |
711/92, Deepali Nehru Place, New Delhi - 110019 |
|
Tel. No.: |
91-120-7111550 |
|
|
|
|
Country : |
India |
|
|
|
|
Financials (as
on) : |
31.03.2016 |
|
|
|
|
Date of
Incorporation : |
26.11.1996 |
|
|
|
|
Com. Reg. No.: |
55- 083475 |
|
|
|
|
Capital
Investment / Paid-up Capital : |
INR 15.042 Million |
|
|
|
|
CIN No.: [Company Identification
No.] |
U45201DL1996PLC083475 |
|
|
|
|
IEC No.: [Import-Export
Code No.] |
Not Divulged |
|
|
|
|
GSTN : [Goods & Service Tax
Registration No.] |
Not Divulged |
|
|
|
|
TAN No.: [Tax Deduction &
Collection Account No.] |
Not Available |
|
|
|
|
PAN No.: [Permanent Account No.] |
AADCA0609B |
|
|
|
|
Legal Form : |
A Closely Held Public Limited Liability Company |
|
|
|
|
Line of Business
: |
Construction Activity. [Registered Activity] |
|
|
|
|
No. of Employees
: |
Information denied 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 |
|
Maximum Credit Limit : |
USD 1300000 |
|
|
|
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject was incorporated in the year 1996. It is engaged into
construction business. Management has failed to file its financials with the Registrar of
Companies for the FY 2017. For the Financial year 2016, the company has achieved average revenue
from its operations but has achieved massive profit margin. The satisfactory financial risk profile of the company is marked by
sufficient net worth base along with negligible debt balance sheet profile. Payment seems to be slow but correct. 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 |
|
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 31.05.2018
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
MANAGEMENT NON-COOPERATIVE (91-120-7111500)
LOCATIONS
|
Registered Office : |
711/92, Deepali Nehru Place, New Delhi – 110019, India |
|
Tel. No.: |
Not Available |
|
Fax No.: |
Not Available |
|
E-Mail : |
|
|
Website : |
|
|
|
|
|
Corporate Office : |
ATS Tower, Plot No.16, Sector-135, Noida-201 305, Uttar Pradesh, India |
|
Tel. No.: |
91-120-7111550 |
|
Fax No.: |
91-120-7111550 |
|
|
|
|
Mohali Office: |
ATS Casa Espana, Sector 121, Dist. S.A.S Nagar, Mohali, Punjab, India |
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|
|
|
Dera Bassi Office: |
ATS Golf Meadows, Chandigarh-Ambala Highway, Opposite Sada-Shiv Complex, Dera Bassi District S.A.S Nagar, Mohali - 140 507, Punjab, India |
|
|
|
|
Gurugram Office: |
Sector 109, Gurugram - 122 001, Haryana, India |
DIRECTORS
AS ON 31.03.2017
|
Name : |
Getamber Anand |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Managing Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
C-226, Sector 44, Noida -201301, Uttar Pradesh, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Date of Birth/Age : |
26.04.1964 |
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|
Qualification: |
B. Tech |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
01.07.2000 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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DIN No.: |
00120610 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Neelam Dhir |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
107, Arun Vihar Sector - 37, Noida -201301, Uttar Pradesh,
India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
08.08.1945 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Qualification: |
B.A. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
20.06.2006 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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DIN No.: |
00480012 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
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||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Inderjit Singh Sawhney |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
358 Sector-37, Noida -201301, Uttar Pradesh, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
14.09.1940 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Qualification: |
B. Com. |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
20.06.2006 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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DIN No.: |
00996855 |
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Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Poonam Getamber Anand |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
C-226, Sector 44, Noida -201301, Uttar Pradesh, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
13.08.1967 |
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Qualification: |
B. Tech |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
30.09.2011 |
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DIN No.: |
03510255 |
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Other Directorship:
List of LLP
|
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|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Name : |
Puneet Arora |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Designation : |
Director |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Address : |
B-184, Sector-26, Noida Gautam Budh Nagar- 201301, Uttar
Pradesh, India |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Birth/Age : |
09.10.1977 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Qualification: |
Graduate |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Date of Appointment : |
30.09.2016 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
DIN No.: |
07595690 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Other Directorship:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
MAJOR SHAREHOLDERS
AS ON 31.03.2016
|
Names of Shareholders |
No. of Shares |
|
|
Anil Kr Saha |
|
420400 |
|
Getamber Anand |
|
540400 |
|
Seema Garg |
|
1200 |
|
Sangeeta G Anand |
|
597 |
|
Poonam Getamber Anand |
|
600 |
|
Neeta Saha |
|
600 |
|
Jogy Paradiyli Thomas |
|
1 |
|
Vipul K Maheshwari |
|
1 |
|
Harjinder Singh Bagga |
|
1 |
|
STG Softek Private Limited |
|
540400 |
|
|
|
|
|
Total |
|
1504200 |
Equity Share Break up (Percentage of Total Equity)
AS ON 30.09.2016
|
Category |
Percentage |
|
Promoters- Individual/Hindu Undivided Family- Indian |
35.93 |
|
Public/Other than promoters- Individual/Hindu Undivided Family- Indian |
28.15 |
|
Public/Other than promoters - Body corporate |
35.92 |
|
Total |
100.00 |
BUSINESS DETAILS
|
Line of Business : |
Construction Activity. [Registered Activity] |
||||
|
|
|
||||
|
Products / Services
: |
|
||||
|
|
|
||||
|
Brand Names : |
Not Available |
||||
|
|
|
||||
|
Agencies Held : |
Not Available |
||||
|
|
|
||||
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Exports : |
Not Divulged |
||||
|
|
|
||||
|
Imports : |
Not Divulged |
||||
|
|
|
||||
|
Terms : |
Not Divulged |
PRODUCTION STATUS – (NOT AVAILABLE)
GENERAL INFORMATION
|
Suppliers : |
|
||||||||||||||||||||||
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|
|
||||||||||||||||||||||
|
Customers : |
|
||||||||||||||||||||||
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|
||||||||||||||||||||||
|
No. of Employees : |
Information denied by the management |
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Bankers : |
|
||||||||||||||||||||||
|
|
|
||||||||||||||||||||||
|
Facilities : |
(INR
In Million)
|
|
Auditors : |
|
|
Name : |
Agarwal and Saxena Chartered Accountants |
|
Address : |
I- 79, 7th Floor, Himalaya House, 23, Kasturba Gandhi Marg, Delhi- 110001, India |
|
PAN N Income-tax PAN of auditor or auditor's firm : |
AADFA9757D |
|
|
|
|
Memberships : |
Not Available |
|
|
|
|
Collaborators : |
Not Available |
|
|
|
|
Associate (AS ON
31.03.2016): |
|
|
|
|
|
Subsidiary company
(AS ON 31.03.2016): |
|
|
|
|
|
Enterprises which are owned, or have significant influence of
or are partners with Key management personnel and their relatives (AS ON
31.03.2016): |
|
CAPITAL STRUCTURE
AS ON 30.09.2016
Authorised Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
2000000 |
Equity Shares |
INR 10/- each |
INR 20.000 Million |
|
|
|
|
|
Issued, Subscribed & Paid-up Capital :
|
No. of Shares |
Type |
Value |
Amount |
|
|
|
|
|
|
1504200 |
Equity Shares |
INR 10/- each |
INR 15.042 Million |
|
|
|
|
|
FINANCIAL DATA
[all figures are
INR Million]
ABRIDGED
BALANCE SHEET (STANDALONE)
|
SOURCES OF FUNDS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
15.042 |
15.042 |
15.042 |
|
(b) Reserves and Surplus |
422.464 |
393.667 |
364.514 |
|
(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) |
437.506 |
408.709 |
379.556 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
251.428 |
69.904 |
182.595 |
|
(b) Deferred tax liabilities (Net) |
0.170 |
4.280 |
44.643 |
|
(c) Other long-term
liabilities |
113.676 |
113.901 |
126.143 |
|
(d) long-term
provisions |
17.333 |
18.547 |
15.548 |
|
Total Non-current
Liabilities (3) |
382.607 |
206.632 |
368.929 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
2247.425 |
557.666 |
577.728 |
|
(b) Trade
payables |
105.109 |
38.284 |
110.125 |
|
(c) Other
current liabilities |
6014.234 |
7355.522 |
7614.753 |
|
(d) Short-term
provisions |
17.413 |
53.701 |
13.958 |
|
Total Current
Liabilities (4) |
8384.181 |
8005.173 |
8316.564 |
|
|
|
|
|
|
TOTAL |
9204.294 |
8620.514 |
9065.049 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
105.693 |
129.449 |
167.450 |
|
(ii)
Intangible Assets |
2.498 |
1.618 |
1.300 |
|
(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 |
7216.537 |
6967.150 |
5437.053 |
|
(c) Deferred tax assets (net) |
0.000 |
0.000 |
0.000 |
|
(d)
Long-term loans and advances |
367.036 |
417.056 |
1494.141 |
|
(e) Other
Non-current assets |
3.946 |
3.738 |
3.083 |
|
Total Non-Current
Assets |
7695.710 |
7519.011 |
7103.027 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a) Current
investments |
0.000 |
0.000 |
0.000 |
|
(b)
Inventories |
473.565 |
481.213 |
597.428 |
|
(c) Trade
receivables |
262.797 |
201.798 |
165.761 |
|
(d) Cash and
bank balances |
32.847 |
3.654 |
27.192 |
|
(e)
Short-term loans and advances |
735.344 |
412.708 |
1171.270 |
|
(f) Other
current assets |
4.031 |
2.130 |
0.371 |
|
Total
Current Assets |
1508.584 |
1101.503 |
1962.022 |
|
|
|
|
|
|
TOTAL |
9204.294 |
8620.514 |
9065.049 |
PROFIT
& LOSS ACCOUNT (STANDALONE)
|
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
|
SALES |
|
|
|
|
|
Income |
2.901 |
(19.601) |
(519.079) |
|
|
Other Income |
550.801 |
609.749 |
1186.207 |
|
|
TOTAL |
553.702 |
590.148 |
667.128 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
0.000 |
0.000 |
0.000 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
0.503 |
179.697 |
182.117 |
|
|
Employee benefit expense |
152.607 |
162.779 |
180.650 |
|
|
Other expenses |
269.692 |
99.839 |
147.905 |
|
|
TOTAL |
422.802 |
442.315 |
510.672 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX,
DEPRECIATION AND AMORTISATION |
130.900 |
147.833 |
156.456 |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
64.788 |
69.858 |
69.997 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
66.112 |
77.975 |
86.459 |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
34.876 |
47.530 |
28.429 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS) BEFORE TAX |
31.236 |
30.445 |
58.030 |
|
|
|
|
|
|
|
Less |
TAX |
2.439 |
(0.087) |
44.532 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
28.797 |
30.532 |
13.498 |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
19.14 |
20.30 |
8.97 |
CURRENT MATURITIES
OF LONG TERM DEBT DETAILS
|
Particulars |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Maturities of Long term debt |
36.784 |
27.790 |
19.231 |
|
|
|
|
|
|
Cash generated from operations |
NA |
NA |
NA |
|
|
|
|
|
|
Net cash flows from (used in) operations |
(1574.433) |
1690.585 |
653.096 |
|
|
|
|
|
|
Net cash flows from (used in) operating activities |
(1524.044) |
1718.694 |
641.461 |
KEY
RATIOS
EFFICIENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Average Collection Days (Sundry
Debtors / Income * 365 Days) |
33064.77 |
(3757.78) |
(116.56) |
|
|
|
|
|
|
Account Receivables Turnover (Income / Sundry Debtors) |
0.01 |
(0.10) |
(3.13) |
|
|
|
|
|
|
Average Payment Days (Sundry Creditors / Purchases * 365 Days) |
0.00 |
0.00 |
0.00 |
|
|
|
|
|
|
Inventory Turnover (Operating Income / Inventories) |
0.28 |
0.31 |
0.26 |
|
|
|
|
|
|
Asset Turnover (Operating Income / Net Fixed Assets) |
1.21 |
1.13 |
0.93 |
LEVERAGE RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Debt Ratio ((Borrowing
+ Current Liabilities) / Total Assets) |
0.94 |
0.94 |
0.94 |
|
|
|
|
|
|
Debt Equity Ratio (Total Liability / Networth) |
5.80 |
1.60 |
2.05 |
|
|
|
|
|
|
Current Liabilities to Networth (Current Liabilities / Net Worth) |
19.16 |
19.59 |
21.91 |
|
|
|
|
|
|
Fixed Assets to Networth (Net Fixed Assets / Networth) |
0.25 |
0.32 |
0.44 |
|
|
|
|
|
|
Interest Coverage Ratio (PBIT / Financial Charges) |
2.02 |
2.12 |
2.24 |
PROFITABILITY RATIOS
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Net Profit Margin ((PAT / Sales) * 100) |
% |
992.66 |
(155.77) |
(2.60) |
|
|
|
|
|
|
|
Return on Total Assets ((PAT / Total Assets) * 100) |
% |
0.31 |
0.35 |
0.15 |
|
|
|
|
|
|
|
Return on Investment (ROI) ((PAT / Networth) * 100) |
% |
6.58 |
7.47 |
3.56 |
SOLVENCY RATIOS
|
PARTICULARS |
31.03.2016 |
31.03.2015 |
31.03.2014 |
|
Current Ratio (Current
Assets / Current Liabilities) |
0.18 |
0.14 |
0.24 |
|
|
|
|
|
|
Quick Ratio ((Current Assets – Inventories) / Current
Liabilities) |
0.12 |
0.08 |
0.16 |
|
|
|
|
|
|
G-Score Ratio Financial (Networth / Total Assets) |
0.05 |
0.05 |
0.04 |
|
|
|
|
|
|
G-Score Ratio Debt (Debts / Equity Capital) |
168.57 |
43.57 |
51.83 |
|
|
|
|
|
|
G-Score Ratio Liquidity (Total Current Assets / Total Current Liabilities) |
0.18 |
0.14 |
0.24 |
Total
Liability = Short-term Debt + Long-term Debt + Current Maturities of Long-term
debts
FINANCIAL ANALYSIS
[all figures are
INR Million]
DEBT EQUITY RATIO
|
Particular |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Share Capital |
15.042 |
15.042 |
15.042 |
|
Reserves & Surplus |
364.514 |
393.667 |
422.464 |
|
Money received against share
warrants |
0.000 |
0.000 |
0.000 |
|
Share Application money
pending allotment |
0.000 |
0.000 |
0.000 |
|
Net
worth |
379.556 |
408.709 |
437.506 |
|
|
|
|
|
|
Long-term borrowings |
182.594 |
69.904 |
251.428 |
|
Short term borrowings |
577.728 |
557.666 |
2247.425 |
|
Current maturities of
long-term debts |
19.231 |
27.790 |
36.784 |
|
Total
borrowings |
779.553 |
655.360 |
2535.637 |
|
Debt/Equity
ratio |
2.054 |
1.603 |
5.796 |
YEAR-ON-YEAR GROWTH
|
Year
on Year Growth |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
(519.079) |
(19.601) |
2.901 |
|
|
|
(96.224) |
(114.800) |
NET PROFIT MARGIN
|
Net
Profit Margin |
31.03.2014 |
31.03.2015 |
31.03.2016 |
|
|
(INR
In Million) |
(INR
In Million) |
(INR
In Million) |
|
Sales |
(519.079) |
(19.601) |
2.901 |
|
Profit/ (Loss) |
13.498 |
30.532 |
28.797 |
|
|
(2.60
%) |
(155.77
%) |
992.66
% |
ABRIDGED
BALANCE SHEET (CONSOLIDATED)
|
SOURCES OF FUNDS |
|
31.03.2016 |
31.03.2015 |
|
I.
EQUITY
AND LIABILITIES |
|
|
|
|
(1)Shareholders' Funds |
|
|
|
|
(a) Share Capital |
|
15.042 |
15.042 |
|
(b) Reserves and Surplus |
|
556.107 |
532.283 |
|
(c) Money
received against share warrants |
|
0.000 |
0.000 |
|
(d) Minority interest |
|
165.868 |
211.393 |
|
|
|
|
|
|
(2) Share Application money pending
allotment |
|
0.000 |
0.000 |
|
Total
Shareholders’ Funds (1) + (2) |
|
571.149 |
547.325 |
|
|
|
|
|
|
(3)
Non-Current Liabilities |
|
|
|
|
(a) long-term borrowings |
|
1643.477 |
1533.259 |
|
(b) Deferred tax liabilities (Net) |
|
0.000 |
0.000 |
|
(c) Other long-term
liabilities |
|
142.598 |
120.823 |
|
(d) long-term
provisions |
|
23.928 |
29.937 |
|
Total Non-current
Liabilities (3) |
|
1810.003 |
1684.019 |
|
|
|
|
|
|
(4)
Current Liabilities |
|
|
|
|
(a) Short-term
borrowings |
|
2533.544 |
1155.024 |
|
(b) Trade
payables |
|
270.227 |
348.329 |
|
(c) Other
current liabilities |
|
7450.773 |
8183.092 |
|
(d) Short-term
provisions |
|
73.591 |
124.917 |
|
Total Current
Liabilities (4) |
|
10328.135 |
9811.362 |
|
|
|
|
|
|
TOTAL |
|
12875.155 |
12254.099 |
|
|
|
|
|
|
II.
ASSETS |
|
|
|
|
(1)
Non-current assets |
|
|
|
|
(a) Fixed
Assets |
|
|
|
|
(i)
Tangible assets |
|
307.782 |
335.761 |
|
(ii)
Intangible Assets |
|
2.771 |
2.105 |
|
(iii) Tangible assets capital
work-in-progress |
|
81.503 |
75.947 |
|
(iv)
Intangible assets under development |
|
0.000 |
0.000 |
|
(b) Non-current Investments |
|
1017.627 |
1017.643 |
|
(c) Deferred tax assets (net) |
|
72.011 |
53.830 |
|
(d)
Long-term loans and advances |
|
435.181 |
608.110 |
|
(e) Other
Non-current assets |
|
2934.514 |
2940.720 |
|
Total Non-Current
Assets |
|
4851.389 |
5034.116 |
|
|
|
|
|
|
(2)
Current assets |
|
|
|
|
(a)
Current investments |
|
0.000 |
0.000 |
|
(b)
Inventories |
|
6050.984 |
6018.502 |
|
(c) Trade
receivables |
|
634.589 |
535.125 |
|
(d) Cash and
bank balances |
|
58.483 |
228.995 |
|
(e)
Short-term loans and advances |
|
1260.240 |
420.976 |
|
(f) Other
current assets |
|
19.470 |
16.385 |
|
Total
Current Assets |
|
8023.766 |
7219.983 |
|
|
|
|
|
|
TOTAL |
|
12875.155 |
12254.099 |
PROFIT
& LOSS ACCOUNT (CONSOLIDATED)
|
|
PARTICULARS |
|
31.03.2016 |
31.03.2015 |
|
|
SALES |
|
|
|
|
|
Income |
|
1093.126 |
1955.807 |
|
|
Other Income |
|
541.050 |
519.153 |
|
|
TOTAL |
|
1634.176 |
2474.960 |
|
|
|
|
|
|
|
Less |
EXPENSES |
|
|
|
|
|
Cost of Materials
Consumed |
|
0.000 |
0.000 |
|
|
Changes in inventories of
finished goods, work-in-progress and Stock-in-Trade |
|
964.257 |
2136.572 |
|
|
Employee benefit expense |
|
166.959 |
191.610 |
|
|
CSR expenditure |
|
0.330 |
0.000 |
|
|
Other expenses |
|
327.109 |
154.635 |
|
|
TOTAL |
|
1458.655 |
2482.817 |
|
|
|
|
|
|
|
|
PROFIT/
(LOSS) BEFORE INTEREST, TAX, DEPRECIATION
AND AMORTISATION |
|
175.521 |
(7.857) |
|
|
|
|
|
|
|
Less |
FINANCIAL
EXPENSES |
|
76.590 |
70.633 |
|
|
|
|
|
|
|
|
PROFIT / (LOSS) BEFORE TAX, DEPRECIATION AND AMORTISATION |
|
98.931 |
(78.490) |
|
|
|
|
|
|
|
Less/ Add |
DEPRECIATION/
AMORTISATION |
|
55.471 |
72.666 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
BEFORE TAX |
|
43.460 |
(151.156) |
|
|
|
|
|
|
|
Less |
TAX |
|
15.249 |
15.439 |
|
|
|
|
|
|
|
|
PROFIT/ (LOSS)
AFTER TAX |
|
28.211 |
(166.595) |
|
|
|
|
|
|
|
|
Profit
(loss) of minority interest |
|
1.803 |
2.476 |
|
|
|
|
|
|
|
|
TOTAL
PROFIT (LOSS) FOR PERIOD |
|
30.014 |
(164.119) |
|
|
|
|
|
|
|
|
Earnings / (Loss) Per
Share (INR) |
|
11.85 |
(110.75) |
LOCAL AGENCY FURTHER INFORMATION
|
Sr. No. |
Check list by
info agents |
Available in
Report (Yes/No) |
|
1 |
Year of establishment |
Yes |
|
2 |
Constitution of the entity -Incorporation
details |
Yes |
|
3 |
Locality of the entity |
Yes |
|
4 |
Premises details |
No |
|
5 |
Buyer visit details |
-- |
|
6 |
Contact numbers |
Yes |
|
7 |
Name of the person contacted |
No |
|
8 |
Designation of contact person |
No |
|
9 |
Promoter’s background |
Yes |
|
10 |
Date of Birth of Proprietor / Partners / Directors |
Yes |
|
11 |
Pan Card No. of Proprietor / Partners |
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 |
No |
|
26 |
Turnover of firm for last three years |
Yes |
|
27 |
Reasons for variation <> 20% |
-- |
|
28 |
Estimation for coming financial year |
No |
|
29 |
Profitability for last three years |
Yes |
|
30 |
Major shareholders, if available |
Yes |
|
31 |
External Agency Rating, if available |
No |
|
32 |
Litigations that the firm/promoter
involved in |
-- |
|
33 |
Market information |
-- |
|
34 |
Payments terms |
No |
|
35 |
Negative Reporting by Auditors in the
Annual Report |
No |
BACKGROUND
Subject is committed to well-being of all stakeholders and not just shareholders and employees. Over the past several years of its existence has been socially responsible and has voluntarily undertaken various Corporate Social Responsibility initiatives even when there were no legal and statutory requirements in this regard.
AtATS Infrastructure Limited, social responsibility starts from the top and percolates down till the junior-most level. The Company strongly believes that apart from extending regular financial help to the weaker and less privileged sections of the society, the most effective way of discharging the Corporate Social Responsibility by a Company shall be to adopt a business policy which includes actions and initiatives that are not, mandated by any statutes, but are voluntarily taken so as to benefit society.
AtATS Infrastructure Limited, we have voluntarily reduced the usage of paper to the maximum possible by using online facilities to send all official communication to our customers on a regular basis. We have also resorted to online facilities for all our Internal Communications like inter-office memos, all employees' claims, all official notifications to employees etc. This way the Company has done its' bit for the conservation of our environment by helping in preserving and protection of trees.
UNSECURED LOANS:
(INR
In Million)
|
Particulars |
As
on 31.03.2016 |
As
on 31.03.2015 |
|
LONG TERM
BORROWING |
|
|
|
Rupee term loans from others |
230.000 |
42.250 |
|
SHORT TERM
BORROWING |
|
|
|
Loans and advances from others |
2091.755 |
296.796 |
|
Other loans and advances |
81.220 |
204.920 |
|
Loans and advances from directors |
74.450 |
55.950 |
|
Total |
2477.425 |
599.916 |
INDEX OF CHARGE:
|
SNO |
SRN |
CHARGE ID |
CHARGE HOLDER NAME |
DATE OF CREATION |
DATE OF MODIFICATION |
AMOUNT |
ADDRESS |
|
1 |
G79482923 |
100160590 |
HDFC BANK LIMITED |
01/02/2018 |
- |
3666000.0 |
HDFC BANK
HOUSESENAPATI BAPAT MARG, LOWER PAREL(WEST)MUMBAIMH400013IN |
|
2 |
G79464822 |
100160556 |
ICICI BANK LIMITED |
15/01/2018 |
- |
5163550.0 |
ICICI BANK TOWER,
NEAR CHAKLI CIRCLE,OLD PADRA ROADVADODARAGU390007IN |
|
3 |
G72481955 |
100143915 |
HOUSING
DEVELOPMENT FINANCE CORPORATION LIMITED |
06/12/2017 |
- |
1500000000.0 |
RAMON HOUSE 169BACKBAY
RECLAMATIONH T PAREKH MARGMUMBAIMA400020IN |
|
4 |
G72489974 |
100143944 |
HOUSING
DEVELOPMENT FINANCE CORPORATION LIMITED |
06/12/2017 |
- |
3500000000.0 |
RAMON HOUSE
169BACKBAY RECLAMATIONH T PAREKH MARGMUMBAIMA400020IN |
|
5 |
G55181192 |
100125852 |
HOUSING
DEVELOPMENT FINANCE CORPORATION LIMITED |
11/09/2017 |
- |
500000000.0 |
RAMON HOUSE
169BACKBAY RECLAMATIONH T PAREKH MARGMUMBAIMA400020IN |
|
6 |
G48389183 |
100109677 |
HOUSING
DEVELOPMENT FINANCE CORPORATION LIMITED |
27/06/2017 |
- |
500000000.0 |
RAMON HOUSE
169BACKBAY RECLAMATIONH T PAREKH MARGMUMBAIMA400020IN |
|
7 |
G47724802 |
100107773 |
HDFC BANK LIMITED |
09/06/2017 |
- |
22000000.0 |
HDFC BANK
HOUSESENAPATI BAPAT MARG, LOWER PAREL(WEST)MUMBAIMH400013IN |
|
8 |
G43133438 |
100095494 |
HDFC BANK LIMITED |
26/04/2017 |
- |
1360000.0 |
HDFC BANK HOUSE
SENAPATI BAPAT MARGLOWER PAREL WMUMBAIMH400013IN |
|
9 |
G42291278 |
100093409 |
HOUSING
DEVELOPMENT FINANCE CORPORATION LIMITED |
30/03/2017 |
- |
500000000.0 |
RAMON HOUSE 169BACKBAY
RECLAMATIONH T PAREKH MARGMUMBAIMA400020IN |
|
10 |
G42802587 |
100094685 |
HOUSING
DEVELOPMENT FINANCE CORPORATION LIMITED |
28/02/2017 |
- |
500000000.0 |
RAMON HOUSE
169BACKBAY RECLAMATIONH T PAREKH MARGMUMBAIMA400020IN |
FIXED ASSETS:
Tangible assets
- Land
- Buildings
- Plant and equipment
- Furniture and fixtures
- Vehicles
- Office equipment
- Computer equipments
- Leasehold improvements
Intangible assets
- 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 67.63 |
|
|
1 |
INR 89.70 |
|
Euro |
1 |
INR 78.20 |
INFORMATION DETAILS
|
Information
Gathered by : |
KAM |
|
|
|
|
Analysis Done by
: |
PRY |
|
|
|
|
Report Prepared
by : |
KVT |
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.