Proposal No 2024/076/00324

Borrower Name Hemant

Model NBFC Model - DCB
Amounts In Crores
Limit Amount 100
Branch GADDIANNARAM
ZO MUMBAI MAIN OFFICE
Initaition date 30-Apr-2024

General
Apr-2020 - Mar-2021 Apr-2021 - Mar-2022 Apr-2022 - Mar-2023 Apr-2023 - Mar-2024 Apr-2024 - Mar-2025
(Audited) (Audited) (Audited) (Estimated) (Projected)
Existing to Bank Yes
New to Bank
Newly Incorporated Customer
Is Cumulative ALM Mismatch Available? Yes

Financial Input DCB

Apr-2020 - Mar-2021 Apr-2021 - Mar-2022 Apr-2022 - Mar-2023 Apr-2023 - Mar-2024 Apr-2024 - Mar-2025
(Audited) (Audited) (Audited) (Estimated) (Projected)
PROFIT AND LOSS ACCOUNT
Income from Operations:
Interest Income 0 0 0 0 0
Other Operating income (fees/ syndication etc) 0 0 0 0 0
Gross Income 0 0 0 0 0
Increase In Gross Income (%) 0 0 0 0 0
Interest and Other Finance Charges: 0 0 0 0 0
Int. and Fin. Charges As % of Gross Income 0 0 0 0 0
Net Interest Income 0 0 0 0 0
Gross Profit 0 0 0 0 0
Gross Profit as % of Gross Income 0 0 0 0 0
Cost of Operations:
(i) Staff Cost 0 0 0 0 0
(ii) Insurance 0 0 0 0 0
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(iii) Professional charges - Audit/ Legal etc 0 0 0 0 0
(iv) Travelling and Conveyance 0 0 0 0 0
(v) Rent 0 0 0 0 0
(vi) Depreciation 0 0 0 0 0
(vii) Other operating expenses 0 0 0 0 0
Cost of Operations (Sub-Total) 0 0 0 0 0
Cost of Operations as a % of Gross Income 0 0 0 0 0
Provision for Doubtful Debts / Advances 0 0 0 0 0
Provision for Standard Assets 0 0 0 0 0
Write/off of Bad Debts / Advances 0 0 0 0 0
Prov. for invts 0 0 0 0 0
Operating Profit 0 0 0 0 0
Pre provision operating profit 0 0 0 0 0
Op. Profit Before Int. As % of Gross Income 0 0 0 0 0
Add Other Non Operative Income:
(i) dividend income/ interest on deposits 0 0 0 0 0
(ii) Profit on sales of investments 0 0 0 0 0
(iii) Profit on sale of assets 0 0 0 0 0
(iv) Miscellaneous Income (includes excess provision / sundry balances written 0 0 0 0 0
back)
(v) Compensation for using shared facilities 0 0 0 0 0
(vi) Income Tax Refund 0 0 0 0 0
(vii) Bad debt recovery 0 0 0 0 0
Sub-Total (Income) 0 0 0 0 0
Deduct Other Non Operating Exp.
(i) W/off of deferred expenses/bad debts/prov for bad debts 0 0 0 0 0
(ii) Misc Exp 0 0 0 0 0
(iii) W/off of loss on sale of assets 0 0 0 0 0
(iv) W/off of loss on sale of investments 0 0 0 0 0
(v) Fx Fluctuations 0 0 0 0 0
Sub-Total (Expenses) 0 0 0 0 0
Profit Before Tax / (Loss) 0 0 0 0 0
Provision For Deferred Tax 0 0 0 0 0
Provision For Taxes 0 0 0 0 0
Net Profit/(Loss) 0 0 0 0 0
PAT As % of Gross Income 0 0 0 0 0
Preference Dividend Amount
Equity Dividend Paid (i) Amount 0 0 0 0 0
(ii) Rate % 0 0 0 0 0
Retained Profit 0 0 0 0 0
Additional Information:
CIF Value Of Import Of Capital goods 0 0 0 0 0
Expenditure ( Interest in foreign currency) 0 0 0 0 0
BALANCE SHEET (LIABILITIES)
Liabilities:
Current Liabilities:
Working Capital Borrowings From Banks. (Including Bill Purchased/Discounted)
(i) From Applicant Bank 0 0 0 0 0
(ii) From Other Banks (Book Overdraft) 0 0 0 0 0
(iii) (Of Which Bill Purchased & Disc.) 0 0 0 0 0
Sub Total 0 0 0 0 0
Short Term Borrowings From Others/CP 0 0 0 0 0
Sundry Creditors and Acceptances 0 0 0 0 0
Advances Payments Received 0 0 0 0 0
Provision for tax and employee benefits 0 0 0 0 0
Unclaimed Dividend / dividend payable 0 0 0 0 0
Provision for NPA/Contingent provision standard asset 0 0 0 0 0
Inst Of Term Loan/ Deb.<1 Yr.(Secured) 0 0 0 0 0
Inst Of Term Loan/ Deb.<1 Yr. (Unsecured) 0 0 0 0 0
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Preference shares redeemable 0 0 0 0 0
Unmatured purchase consideration on assigned receivables 0 0 0 0 0
Interest Accrued But Not Due 0 0 0 0 0
Other liabilities 0 0 0 0 0
HP / Lease security deposits / insurance deposits 0 0 0 0 0
ICD/Payable to holding company 0 0 0 0 0
Sub Total 0 0 0 0 0
Total Current Liabilities 0 0 0 0 0
Term Liabilities
Secured Debentures (Not Maturing Within 1 Year) 0 0 0 0 0
Unsecured Debentures (Not Maturing Within 1 Year) 0 0 0 0 0
Pref. Shares (Redeemable After 1 Yr) 0 0 0 0 0
Secured Term Loans( Excl. Inst. Payable Within One Year) 0 0 0 0 0
UnSecured Term Loans( Excl. Inst. Payable Within One Year) 0 0 0 0 0
Unsecured Intercorporate Deposits 0 0 0 0 0
Deposits from Directors 0 0 0 0 0
Loan from group company 0 0 0 0 0
Due to Subsidiary Companies 0 0 0 0 0
Fixed Deposits 0 0 0 0 0
Other Long Term Liabilities (excluding borrowings) 0 0 0 0 0
Tier 2 Capital 0 0 0 0 0
Total Term Liabilities 0 0 0 0 0
Ordinary Share Capital 0 0 0 0 0
Share Premium Account/CCPS/CCD 0 0 0 0 0
General Reserve 0 0 0 0 0
Reserve or Contingencies 0 0 0 0 0
Surplus (+) or deficit (-) in P & L Account 0 0 0 0 0
Statutory Reserve/others 0 0 0 0 0
Revaluation Reserve 0 0 0 0 0
Share Application Money 0 0 0 0 0
Capital Redemption Reserve 0 0 0 0 0
Debenture Redemption Reserve 0 0 0 0 0
Deferred Tax(Liabilities) 0 0 0 0 0
Net Worth 0 0 0 0 0
Total Liabilities 0 0 0 0 0
Contingent Liabilities:
Claims Against Company Not Acknowledged As Debts 0 0 0 0 0
Guarantees Issued 0 0 0 0 0
Bills Rediscounted 0 0 0 0 0
Disputed Govt. Liabilities 0 0 0 0 0
LC 0 0 0 0 0
Gtee for Securitisation/others 0 0 0 0 0
Total 0 0 0 0 0
BALANCE SHEET (ASSETS)
Assets:
Current Assets
Cash And Bank Balances 0 0 0 0 0
Fixed Deposits with Banks 0 0 0 0 0
Receivables
Debtors < 6 months 0 0 0 0 0
Advances Portfolio
Gross Own portfolio 0 0 0 0 0
Impairment allowance 0 0 0 0 0
Net Own Portfolio 0 0 0 0 0
Managed Portfolio 0 0 0 0 0
Total Disbursement 0 0 0 0 0
Gross NPAS 0 0 0 0 0
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Provision for NPAs 0 0 0 0 0
Net NPAs 0 0 0 0 0
CRAR % 0 0 0 0 0
Income from managed portfolio 0 0 0 0 0
Other Current Assets:
(i) Advances recoverable in cash or kind / ICDs 0 0 0 0 0
(ii) Advance Payment On Tax 0 0 0 0 0
(iii) Income Accrued On Investments/loans & FDs 0 0 0 0 0
(iv) Advances for capital goods 0 0 0 0 0
(iv) Minimum guaranteed compensation 0 0 0 0 0
(v) Others-Interest receivable on loans 0 0 0 0 0
Total Current Assets 0 0 0 0 0
Fixed Assets
(i) Land 0 0 0 0 0
(ii) Building 0 0 0 0 0
(iii) Plant and Machinery 0 0 0 0 0
(iv) Furniture and fixtures 0 0 0 0 0
(iv) Other fixed Assets 0 0 0 0 0
Gross fixed Assets 0 0 0 0 0
(vi) Capital WIP and Adv. Against Machinery, Land Etc. 0 0 0 0 0
Less Depreciation and impairment 0 0 0 0 0
Net Block 0 0 0 0 0
Other Non Current Assets
(i) Investments In Subsidiary Companies/ Affiliates 0 0 0 0 0
(ii) Other Investments 0 0 0 0 0
(iii) Advances To Subsidiaries/Directors 0 0 0 0 0
(iv) Receivables O/S More than 12 Months 0 0 0 0 0
(v) Margin Money Kept With Banks/ RBI or SLR 0 0 0 0 0
(vi) Other Deposits / Other Loans and Advances 0 0 0 0 0
Total Other Non Current Assets 0 0 0 0 0
Intangible Assets
Misc and Preliminary Expenses Not Written Off 0 0 0 0 0
Intangibles (Bad and Doubtful advances) 0 0 0 0 0
Intangibles others 0 0 0 0 0
Total Intangible Assets 0 0 0 0 0
Total Assets 0 0 0 0 0
Total Liabilities - Total Assets 0 0 0 0 0
Additional Information
Financial Assets - Up to 1 month 0 0 0 0 0
Financial Assets - 1 to 2 months 0 0 0 0 0
Financial Assets - 2 to 3 months 0 0 0 0 0
Financial Assets - 3 to 6 months 0 0 0 0 0
Financial Assets - 6 months to 1 year 0 0 0 0 0
Financial Liabilities - Up to 1 month 0 0 0 0 0
Financial Liabilities - 1 to 2 months 0 0 0 0 0
Financial Liabilities - 2 to 3 months 0 0 0 0 0
Financial Liabilities - 3 to 6 months 0 0 0 0 0
Financial Liabilities - 6 months to 1 year 0 0 0 0 0
30+ Portfolio At Risk (PAR) of AUM (%) 0 0 0 0 0
Total Borrowings 0 0 0 0 0
AUM 0 0 0 0 0
Net Owned Fund 0 0 0 0 0
Net Interest Margin 0 0 0 0 0
Gross NPA(%) 0 0 0 0 0
Net NPA(%) 0 0 0 0 0

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 Credit Risk Evaluation
Apr-2023 - Mar- Apr-2024 - Mar-
Apr-2020 - Mar- Apr-2021 - Mar- 2024 2025
2021 (Audited) 2022 (Audited) Apr-2022 - Mar-2023 (Audited)
(Estimated) (Projected)
Financial Risk
Sources of Funding 60% funding sourced from Bank Borrowings and rest from 2 other sources
Business Risk
Stock Exchange of Listing EQUITY Listed
External Rating AAA
AUM % of Top 1 State 85
RBI Layer Classification Upper Layer
Product Diversification One loan product
Business Vintage/ Promotor's Strength >=6 to 10 years
Secured Portfolio % of Borrower 35
Collection Efficiency >=90% to 95%
Management Risk
Competence of Management/Promotor/Founder Senior management are of good reputation (Greater than 20 years of manage
mentor experience with same/multiple organizations under same industry
Change in Auditors Change of auditors as per regulations
Qualification in the Audit Report No
Regulatory non-compliance/ Major Proceedings or litigation against borrower No
entity
Frequent changes in KMP/Promotor No Change during the last three financial years
Unpaid statutory dues and its trend(NBFC) Yes
Penalties Levied by the Regulator (RBI) No instances of penalties by RBI
History of reneging on personal/ third-party guarantee by Never happened
promoter/director/guarantor entities in group entities
History of default by the Company or its Promoters. It happened once over the last 1 year
The company has a clear succession plan and also access to a large managerial pool
Succession Plan for future leadership. Company's operations are expected to proceed smoothly in
the event of a change in top management.
Projection vs. Achievements in Net Profit >= 90%
Projection vs. Achievements in AUM >= 90%
Transactional Risk
Relationship with the Bank Greater than equal to 5 years
Overdue with our Bank since last sanction Accounts running regular
Frequency of occurrence of 31 DPD defaults since last sanction It happened more than 4 times in a year
Overdue with other Banks (CRILC/Credit Bureau) Never happened
Submission of QIS/MSOD/Stock/Book debts Statements Timely Submission
Compliance with previous covenants / terms & conditions of the existing Breach of some conditions / covenants in the past, but subsequently rectified
facilities with the bank
Industry Risk
Industry Risk Score 6
C onstruction - C onstruction - C onstruction - C onstruction -
Counterparty Industry Erection and Erection and C onstruction - Erection and C ommissioning ( E&C ) Erection and Erection and
C ommissioning ( C ommissioning ( C ommissioning ( C ommissioning (
E&C ) E&C ) E&C ) E&C )

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 Key Financial Ratio
Apr-2020 - Mar-2021 Apr-2021 - Mar-2022 Apr-2022 - Mar-2023 Apr-2023 - Mar-2024 Apr-2024 - Mar-2025
(Audited) (Audited) (Audited) (Estimated) (Projected)
Borrowings / NOF
AUM / Net Owned Funds
Provision Coverage Ratio
Net NPA / NOF (%)
Return on Average Assets
Return on Net Owned Funds
% Growth in AUM
% Increase in NII
Cumulative Inflows / Cumulative Outflows upto 3 Months(from ALM
Cumulative Inflows / Cumulative Outflows upto 12 Months(from AL

Parentage
Apr-2020 - Mar-2021 Apr-2021 - Mar-2022 Apr-2022 - Mar-2023 Apr-2023 - Mar-2024 Apr-2024 - Mar-2025
(Audited) (Audited) (Audited) (Estimated) (Projected)
Is Parentage available? No
Is Parent External Rating Available?
Parent External Rating Scale
Ownership
Strategic importance
Guarantees given

Financial Risk
Apr-2020 - Apr-2021 - Apr-2022 - Mar-2023 (Audited) Apr-2023 - Apr-2024 -
Mar-2021 Mar-2022 Mar-2024 Mar-2025
(Audited) (Audited) Description Score (Estimated) (Projected)
CRAR %. < 15.00 0
Borrowings / NOF Score On Error 0
AUM / Net Owned Funds Score On Error 0
Gross NPA % <= 2.00 0.50
Provision Coverage Ratio% Score On Error 0
Net NPA % <= 1.00 0.25
Net NPA / NOF (%) Score On Error 0
30+ Portfolio At Risk (PAR) of AUM <= 3.00 0.50
Net Interest Margin < 4.00 0
Cost of Operations as a % of Gross Income < 30.00 0.75
Return on Average Assets Score On Error 0
Return on Adj. Net Worth Score On Error 0
% Growth in AUM Score On Error 0
% Increase in NII Score On Error 0
Cumulative Inflows / Cumulative Outflows upto 3 Months(from ALM Score On Error 0
Cumulative Inflows / Cumulative Outflows upto 12 Months(from AL Score On Error 0
Sources of Funding 60% funding sourced from Bank Borrowings and rest from 2 other sources 0.15
Score 2.15
Factor 5.00
Total 9.68
Business Risk
Apr-2020 - Apr-2021 - Apr-2022 - Mar-2023 (Audited) Apr-2023 - Apr-2024 -
Mar-2021 Mar-2022 Mar-2024 Mar-2025
(Audited) (Audited) Description Score (Estimated) (Projected)
Stock Exchange of Listing EQUITY Listed 0.25
External Rating AAA 5
AUM % of Top 1 State >= 80.00 0.20
RBI Layer Classification Upper Layer 0.75
Product Diversification One loan product 0.15
Business Vintage/ Promotor's Strength >=6 to 10 years 0.60
Secured Portfolio % of Borrower < 40.00 0.30
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Collection Efficiency >=90% to 95% 0.60
Score 7.85
Factor 3.00
Total 19.63
Management Risk
Apr-2020 - Apr-2021 - Apr-2022 - Mar-2023 (Audited) Apr-2023 - Apr-2024 -
Mar-2021 Mar-2022 Mar-2024 Mar-2025
(Audited) (Audited) Description Score (Estimated) (Projected)

Competence of Management/Promotor/Founder Senior management are of good reputation (Greater than 20 years of manage 0.50
mentor experience with same/multiple organizations under same industry
Change in Auditors Change of auditors as per regulations 0.50
Qualification in the Audit Report No 0.50
Regulatory non-compliance/ Major Proceedings or litigation against borrower entity No 0.50
Frequent changes in KMP/Promotor No Change during the last three financial years 1
Unpaid statutory dues and its trend(NBFC) Yes 0
Penalties Levied by the Regulator (RBI) No instances of penalties by RBI 1
History of reneging on personal/ third-party guarantee by promot Never happened 1
History of default by the Company or its Promoters. It happened once over the last 1 year 0
The company has a clear succession plan and also access to a large managerial pool
Succession Plan for future leadership. Company's operations are expected to proceed smoothly in 1
the event of a change in top management.
Projection vs. Achievements in Net Profit >= 90% 1
Projection vs. Achievements in AUM >= 90% 1
Score 8.00
Factor 2.00
Total 12.00
Transactional Risk
Apr-2020 - Apr-2021 - Apr-2022 - Mar-2023 (Audited) Apr-2023 - Apr-2024 -
Mar-2021 Mar-2022 Mar-2024 Mar-2025
(Audited) (Audited) Description Score (Estimated) (Projected)
Relationship with the Bank Greater than equal to 5 years 1.50
Overdue with our Bank since last sanction Accounts running regular 1.50
Frequency of occurrence of 31 DPD defaults since last sanction It happened more than 4 times in a year -1.50
Overdue with other Banks (CRILC/Credit Bureau) Never happened 3
Submission of QIS/MSOD/Stock/Book debts Statements Timely Submission 1
Compliance with previous covenants / terms & conditions of the existing facilities with the bank Breach of some conditions / covenants in the past, but subsequently rectified 0
Score 5.50
Factor 1.00
Total 2.75
Industry Risk
Apr-2020 - Apr-2021 - Apr-2022 - Mar-2023 (Audited) Apr-2023 - Apr-2024 -
Mar-2021 Mar-2022 Mar-2024 Mar-2025
(Audited) (Audited) Description Score (Estimated) (Projected)
Industry Risk Score 6.00 6
Score 6.00
Factor 1.00
Total 6.00
Parentage
Apr-2020 - Apr-2021 - Apr-2022 - Mar-2023 (Audited) Apr-2023 - Apr-2024 -
Mar-2021 Mar-2022 Mar-2024 Mar-2025
(Audited) (Audited) Description Score (Estimated) (Projected)
Ownership
Strategic importance
Guarantees given
Score 0.00
Factor 10.00
Total 0.00

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 Result
Apr-2020 - Mar-2021 (Audited) Apr-2021 - Mar-2022 (Audited) Apr-2022 - Mar-2023 (Audited) Apr-2023 - Mar-2024 (Estimated) Apr-2024 - Mar-2025 (Projected)
Computed Score 50.05
Adjustment Factor 1.00
Final Score 50.05
Computed Rating BBB
Scale Change 0
Final Rating BBB

Comments
Branch Action On Action By Role Action Comments
GADDIANNARAM 4/30/2024 2:36:45 PM Ram[Ram] Reviewer 1 Forward to Regional Head of Credit ok
GADDIANNARAM 4/29/2024 10:55:03 PM Laxman[Laxman] Initiator Forward to Credit Team ok

Proposal No 2024/076/00324
Borrower Name Hemant
Model NBFC Model - DCB
Amounts In Crores
Limit Amount 100
Branch GADDIANNARAM
ZO MUMBAI MAIN OFFICE
Initaition date 30-Apr-2024

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