受付番号

9999999999号〒107-8680
東京都港区南青山２－５－２０
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調査先商号◎

海外信用区分

A

B

厚い

Ｃ
信用程度

DE

NR

薄い

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http://www.tdb.co.jp/contact/faq15.html#Q9

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IndiaXXXXXX Private Limited

REPORT INFORMATION
Prepared By
Prepared For
Requested For
Prepared On
Inquired AddressYour Order/Ref.
Type of Report
Speed
Supplied on

Teikoku Databank LtdXXXXXX Private Limited
XXXXXX Private Limited

XX XX XX XX XX XX, XX XX, XX - XX XX, XX XX,
India
2012 XX XX XX
Level 2 - Standard Report
FlashJuly 05, 20 XX

IDENTIFICATION DETAILSTCM ID
Company NameRegd./Business Address

38 XX XX
XXXXXX Private Limited

XX XX XX XX XX XX, XX XX, XX - XX XX, XX XX,IndiaSUMMARY
Company Status
Legal Form
Date of Incorporation / Formation
Incorporation No.
Paid up Capital

ActivePrivate Limited Company
22-Sep-19 XX
U3 XX XX XX XX XX XX XX XX
INR 497 920

Networth (As on March 31, 20 XX)

INR 34 197 000

Turnover/Sales (As on March 31, 20XX)
Profit After Tax (As on March 31, 20XX)
Business Activity
Industry
No. of Employees

INR 64 065 000
INR 7 717 000
Trading & assembling of positive displacement pumps.
Engineering
15-1Private & Confidential© Copyright 2012. All Rights Reserved

CREDIT RECOMMENDATION
Credit Rating
Credit Score

B

Credit Limit

USD 76000 / INR 4180000

43

RATING EXPLANATION
CreditRating
A+CreditScore
81 - 100

Explanation

Rating Comments

Low RiskBusiness dealings permissible with low risk of default.

A

61 - 80

Moderate Risk

B

40 - 60

Medium RiskC

21 - 39

Medium High Risk

D

1 - 20High Risk

NR--No Rating

Business dealings permissible with moderate risk ofdefault.
Business dealings permissible on a regular monitoringbasis.
Business dealings permissible preferably on securedterms.
Business dealing not recommended or on secured termsonly.
No recommendations can be made at this stage due tolack of sufficient information.

The credit appraisal provides an assessment of the creditworthiness of a company. It takes into accountsignificant elements of credit including history, business performance, management, background, financial
position, payment history, overall market conditions, market trends and the reputation of the company
NR is stated where there is insufficient information to facilitate rating. However, it is not to be constructed
as unfavorable.

BUSINESS OPERATIONSLOCATIONS
Regd./Business Address
Phone
Fax
EmailWebsite
Factory Address

XX XX XX XX XX XX, XX XX, XX - XX XX, XX XX,India+91 20 XX XX XX XX, XX XX XX XX+91 20 XX XX XX XX
XX XX XX @ XX XX XX.com
www. XX XX XX.com
XX XX XX XX XX XX, XX XX, XX - XX XX, XX XX,
India-2Private & Confidential© Copyright 2012. All Rights Reserved

BANKERS
Name

Bank of India

AUDITORS
NameAddress

XXXX & Co.
XX XX XX XX XX XX, XX XX, XX - XX XX, XX XX,India

DIRECTORS / PRINCIPALSAs on Sept.24, 20 XX
Name
Date / Year of Birth
Date of Appointment
Residential Address
Director Identification Number
Name
Date / Year of Birth
Date of Appointment
Residential Address
Director Identification Number

XX XX XX XX Hanumante
Director
17.01.19 XX
22.09.19 XX
XX XX XX XX XX XX, XX XX, XX - XX XX, XX XX,
India
00 XX XX XX
XX XX XX XX Hanumante
Director
23.04.19XX
01.10.20XX
XX XX XX XX XX XX, XX XX, XX - XX XX, XX XX,India
00 XX XX XXBACKGROUND
The subject is engaged in Trading & assembling of positive displacement pumps.
Imports FromUSA

Exports To

Egypt

Payment Terms

Payment after delivery (Sale)
Credit Period of 45 days (Purchase)

Trade References

XX XX XX India Ltd (Buyer)
XX XX XX (Supplier)-3Private & Confidential© Copyright 2012. All Rights Reserved

Listing on Stock Exchange

No

FINANCIAL INFORMATIONCAPITAL STRUCTURE /OWNERSHIP
Authorised CapitalRs. 1 000 000

Paid up Capital

Rs. 497 920

MAJOR SHAREHOLDER(S)As on Sept.24, 20XX

NameNo. of Shares

Holding(%)---0.00

XXXX XXXX Hanumante

14 00079.55XXXX XXXX Hanumante

1 800

10.23

XXXX XXXX Harkidar

240

1.36

Mr. XXXX XXXX Bhadbhade

780

4.43

XXXX XXXX Godbole

780

4.43

17 600100.00---0.00

XXXX XXXX Hanumante

16 90052.50

XXXX XXXX Hanumante

6 960

21.62

XXXX XXXX Harkidar

480

1.49

XXXX XXXX Godbole

3 630

11.28

Mr. XXXX XXXX Bhadbhade

3 630

11.28

Mr. XXXX XXXX Phatak

200

0.62

Mrs. XXXX XXXX Leley

2000.62

Mr. XXXX XXXX Phadnis

192

0.60

32 192100.00Equity Shares class A

TOTALEquity Shares class B

TOTAL

FINANCIAL SUMMARY-4Private & Confidential© Copyright 2012. All Rights Reserved

NET WORTH
Year Ended
March 31,
20XX
March 31,
20XX
March 31,
20XX

Unit : Rupees in '000
AmountChange34 19728.72%

40 00030 000
20 00026 56769.41%

10 00015 681---0March 31, 20XX

OPERATING INCOME
Year Ended
March 31,
20XX
March 31,
20XX
March 31,
20XX

March 31, 20XX

Unit : Rupees in '000

AmountChange64 06483.58%

70 00052 50035 00034 897 113.74%
16 327---17 500
0March 31, 20XX

PROFIT BEFORE TAX
Year Ended
March 31,20XX
March 31,20XX
March 31,20XX

March 31, 20XX

Amount11 055

March 31, 20XX

March 31, 20XX

Unit : Rupees in '000
Change14.79%

20 000
15 000
10 00012 97389.59%

5 000

6 843

---0March 31, 20XX

PROFIT AFTER TAXMarch 31, 20XX

March 31, 20XX

Unit : Rupees in '000

-5Private & Confidential© Copyright 2012. All Rights ReservedYear Ended
March 31, 20XX
March 31, 20XX
March 31, 20XX

Amount7 716

Change20.67%

10 000
7 500
5 000

9 727

82.77%

2 500

5 322

---0
March 31, 20XX

BALANCE SHEETFor the Year Ending :March 31, 20XX

March 31, 20XXUnit : Rupees in '000
March 31, 20 XX

March 31, 20 XX

March 31, 20 XX

34 197.25

26 567.33

15 681.97- Paid-up Equity Capital

497.92497.92

138.20- Reserves & Surplus

33 699.33

26 069.41

15 543.77------

1 491.33- Unsecured Loans

---

---

1 491.33

Deferred tax liabilities

846.57563.60245.5735 043.82

27 130.93

17 418.87

Gross Fixed Assets

13 647.19

12 231.80

6 374.59

Less : Cumulative Dep.

2 560.12

2 013.09

1 537.96

Net Fixed Assets

11 087.07

10 218.71

4 836.63------

838.39Investments

16 083.40

10 944.95

7 939.79

Current Assets, Loans & Adv.

14 810.46

14 641.53

8 124.03- Inventories

2 006.79

1 814.25

3 650.18- Sundry Debtors

3 385.14

758.99939.86- Cash & Bank Balance

8 078.57

11 502.04

3 179.65- Other Current Asset

266.74

44.09

10.08

1 073.22

522.16344.26

SOURCES OF FUND
Net Worth

Total Borrowings

TOTAL

USES OF FUND

Capital Work in Progress- Adv/Loans to Corporate Bodies-6Private & Confidential© Copyright 2012. All Rights Reserved

Less: Current Liab. & Prov.

6 937.118 674.26

4 319.97- Sundry Creditors

1 155.31

1 828.72---- Other Current liabilities

3 685.99

5 784.86

3 450.65- Provisions

2 095.81

1 060.68

869.32Net Current Assets

7 873.35

5 967.27

3 804.06

TOTAL

35 043.82

27 130.93

17 418.87

SCHEDULES TO BALANCESHEETFor the Year Ending :Unit : Rupees in '000

March 31, 20 XX

March 31, 20 XX

March 31, 20 XX

Debtors Others

3 385.14

758.99---SUNDRY DEBTORS

3 385.14

758.99---PROFIT & LOSS A/C
For the Year Ending :Unit : Rupees in '000March 31, 20 XX

March 31, 20 XX

March 31, 20 XX

64 064.76

34 897.66

16 327.49

64 064.76

34 897.66

16 327.49

53 009.47

21 924.16

9 484.40

53 009.47

21 924.16

9 484.40

PBDIT

11 055.29

12 973.50

6 843.09

PBDT

11 055.29

12 973.50

6 843.09

PBT

11 055.29

12 973.50

6 843.09

3 338.56

3 245.76

1 520.79

7 716.73

9 727.74

5 322.30

INCOME- Operating Income

EXPENSES- Total Consolidated Expenses

Less: Tax Provision

PATASSETS DETAILS

Unit : Rupees in '000
-7Private & Confidential© Copyright 2012. All Rights ReservedMarch 31, 20 XX
Leasehold Land
Building

1 612.97
0.00

Office Building

1 953.09

Facotry Buildings

3 584.07

Computer & Software

110.15

Furniture705.86

Plant & Machinery
Electrification
VehiclesOffice Equipments
TOTAL

1 324.56
279.33
1 276.57
240.47
11 087.07

COMMENTS
Latest financial information (as procured from Ms. XXXX Aslekar, Accounts Manager of the subject)---------------------------------------Turnover (Unit Rupees in '000)
Rs. 70 000.- (Projected) for the FY 20 XX - XXRs. 65 000.- (Approx.) for the FY 20 XX - XX
Note (s)---------* The information provided in this report is largely based on the information procured from the subject'srecords file at Official Registry Records (ROC).
* Operational information was confirmed by Ms. XXXX Aslekar, Accounts Manager of the subject during
the course of a telephonic interview.

-8Private & Confidential© Copyright 2012. All Rights Reserved

KEY RATIOSSOLVENCY RATIOSMarch 31, 20 XX

March 31, 20 XX

March 31, 20 XX

Current Ratio

2.13

1.69

1.88

Quick Ratio

2.13

1.69

1.80

Current Ratio - A measure of short term solvency i.e. ability to meet the short term obligations bymatching current assets against current liabilities. Ideal current ratio is 2 : 1 (2.0). However, a very highratio indicates availability of idle cash and is not a good sign.
Quick Ratio - A measure of the amount of liquid assets available to offset current liabilities. The ratio is
1:1 (1.0), the business is said to be in a liquid condition. The larger the ratio, the greater the liquidity.
March 31, 20XX0.17March 31, 20XX0.24

March 31, 20XX
0.27------0.10

Current Liabilities / Net Worth

0.20

0.33

0.28

Fixed Asset/ Net Worth

0.32

0.38

0.31

LEVERAGE RATIOS
Debt Ratio
Debt Equity Ratio

Debt Ratio - A ratio that indicates what proportion of debt a company has relative to its assets. A debt
ratio of greater than 1 indicates that a company has more debt than assets. The debt ratio can help investors
determine a company's level of risk.
Debt Equity Ratio - The debt-to-equity ratio is a measure of the relationship between the short term &long term debts and the capital contributed by shareholders. A ratio of 1:1 is usually considered to besatisfactory ratio.
Current Liabilities /Net Worth - This ratio indicate the amount due to creditors within a year as apercentage of the owners or stockholders investment. The smaller the net worth, larger the liabilities,resulting in less security for creditors.
Fixed Asset/ Net Worth - The ratio indicates the extent to which shareholder's funds are invested into thefixed assets. If this ratio is unusually large, a company may be overinvested in fixed assets and vice versa
if it is small it may limit the company's ability to produce profits. A ratio of .75 or higher is usually
undesirable.
Interest Coverage Ratio - A ratio used to determine how easily a company can pay interest on
outstanding debt. It measures the margin of safety for the lenders. The higher the number, more secure thelender is in respect of periodical interest.
March 31, 20
XX
19.29

March 31, 20XX
7.94

March 31, 20XX
21.01

Accounts Receivable Turnover

18.93

45.98

17.37

Inventory Turnover

31.92

19.24

4.47

EFFICIENCY RATIOS
Average Collection Days-9Private & Confidential© Copyright 2012. All Rights Reserved

Asset Turnover

5.78

3.42

3.38

Average Collection Days - The approximate amount of time that it takes for a business to receive
payments owed, in terms of receivables, from its customers and clients. Possessing a lower averagecollection period is seen as optimal.
Accounts Receivable Turnover – The accounting measure used to quantify a firm's effectiveness inextending credit as well as collecting debts. A high ratio implies either that a company operates on a cash
basis or that its extension of credit and collection of accounts receivable is efficient.
Average Payment Days - The average payment days represents the number of days taken by the company
to pay its creditors. A lower credit period ratio signifies that the creditors are being paid promptly.
However a very favorable ratio to this effect also shows that the business is not taking the full advantageof credit facilities allowed by the creditors.
Inventory Turnover - A ratio showing how many times a company's inventory is sold and replaced overa period. A low turnover implies poor sales and, therefore, excess inventory. A high ratio implies either
strong sales or inefficient buying.
Asset Turnover - Asset turnover ratio measures the efficiency of a company's use of its assets ingenerating sales revenue or sales income to the company. The higher the number the better.
March 31, 20
XX
17.26

March 31, 20XX
37.18

March 31, 20XX
41.91

Net Profit Margin

12.05

27.88

32.60

Return on Total Assets

18.38

27.17

24.48

Return on Equity

22.57

36.62

33.94

PROFITABILITY RATIOS
Operating Profit Margin

Operating Profit Margin - The operating profit margin ratio is a measure of overall operating efficiencyof a company. It is expressed as a percentage of sales and shows the efficiency of a company forcontrolling the costs and expenses associated with business operations.
Net Profit Margin - Net Profit Margin ratio is calculated by dividing net profit by operating income. It
measures how much out of every unit of sales a company actually earns profit. The higher the ratio thebetter.
Return on Total Assets - The Return on Assets of a company determines its ability to utilize the Assets
employed in the company efficiently and effectively to earn a good return. The greater a company'searnings in proportion to its assets the more effectively that company is said to be using its assets.
Return on Equity - Return on equity measures the return on the ownership interest of the common stockowners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity.

- 10 Private & Confidential© Copyright 2012. All Rights Reserved

INDUSTRY SCENARIO(Engineering)
The Indian engineering sector is the largest segment of the Indian industry and is highly driven by robust
economic growth. The performance of engineering sector gets reflected in the performance of end-userindustries like automobiles, chemicals, information technology (IT), aerospace etc. India has a robust anddiversified manufacturing base for a varied range of basic and capital goods to meet the requirements ofsectors like heavy electrical, process equipment, automobiles, power generation and transmission, shipping,aviation, mining, chemicals, petroleum, etc.
Engineering goods enjoy 30.5 per cent weight in the Index of Industrial Production; 29.9 per cent share oftotal investment; and 62.8 per cent share in foreign collaborations. The important groups within theengineering industry include machinery & instruments, primary and semi-finished iron & steel, steel bars &rods, non-ferrous metals, electronic goods and project exports.
According to a study by NASSCOM and Booz Allen Hamilton (a strategy and technology consulting firm),
the global engineering services market is estimated to touch US$ 1,100 billion by 2020 of which, theoutsourced component is estimated to reach around US$ 200 billion in the same span of time. Presently, theESO market is worth around US$ 15 billion with India cornering a 12 per cent share.
Engineering exports include transport equipment, capital goods, other machinery/equipment and lightengineering products like castings, forgings and fasteners.
Going by the data compiled by the Engineering Export Promotion Council (EEPC), the apex body ofengineering exporters, engineering exports grew by 20.9 per cent to US$ 54.5 billion over April 2011February 2012 as against the same period in 2010-11. For January and February 2012, export consignments
amounted to US$ 4.73 billion and US$ 4.79 billion, respectively.
The miscellaneous mechanical and engineering industries' sector-wise foreign direct investments (FDI)
inflows from April 2000 to January 2012 was calculated at US$ 2, 180.26 million, as per the Department ofIndustrial Policy and Promotion (DIPP) EEPC anticipates engineering exports to be around US$ 62 billion
for the fiscal 2011-12.
Government Initiatives=========
Due to its reasonably priced, highly-skilled manpower, India is increasingly becoming a hub for R&D
outsourcing activities. Currently, the R&D spend in India is 1 per cent of gross domestic product (GDP) andGovernment of India is taking policy initiatives to double-up the same by 2017. The Prime Minister has
executed a National Innovation Council (NInC) with a purpose to device a roadmap for innovations, with afocus on inclusive growth. Some of the proposed measures include collaborative arrangements between theGovernment and industry, including financial aid for undertaking R&D projects. Other measures include theguaranteed purchase of products, an assured return on investment, Government grants to secure privatefinancial flows and support increasing innovation.

- 11 Private & Confidential© Copyright 2012. All Rights ReservedFOREX RATES (APPROX.)
USD= INR 55.13

GBP= INR 86.54

100 Jap Yen= INR 69.16

SGD= INR 43.62

EURO= INR 69.43

CAD= INR 54.26

CHF= INR 57.79

HKD= INR 7.11

AUD

= INR 56.55

1 Crore Rupees = 10 Million Rupees = 100 Lac Rupees = 10000 Thousand

This report is based on information from sources believed to be true. Any advice or recommendation in thisreport has been given without specific investment objectives and the particular needs of any specificaddressee. It must be distinctly understood that though utmost care has been exercised to obtain reports of areliable character but we accept no liability whatsoever for any direct or consequential loss arising fromany use of this document.

END OF REPORT- 12 Private & Confidential© Copyright 2012. All Rights Reserved