Due Diligence Report: Capfin India Limited

Due Diligence Report

Name of the Entity CAPFIN INDIA LIMITED
Registered office 1C/13, Basement, New Rohtak Road, Delhi

Operational Status Operational

Report Date May 23, 2022
Professional Arunesh Dubey & Co.
Practising Company Secretary
 Due Diligence Report: Capfin India Limited

Due Diligence Report

NOTICE

Due Diligence Report is an independent opinion of the entity, given by Arunesh Dubey & Co., Company
Secretary in Practice. The report is a one-time exercise and the information contained in this report is intended
solely for recipient for specific purpose. The said information is confidential and may be privileged, and is
also prohibited from disclosure. Any disclosure or further distribution of the report or use other than specified
is strictly prohibited. Nothing contained in the report is or intended to create any legally binding obligations
on the sender or Arunesh Dubey & Co, who accept no responsibility, whatsoever, for loss or damage from the
use of the said information. The due diligence is not an audit and also not a recommendation for entering into
any transaction with the entity.
 Due Diligence Report: Capfin India Limited

Due Diligence Report– STRENGHTS AND WEAKNESSES

Key Strengths

 Well-experienced promoters and management team

 Reputed client base

Name Capfin India Limited

Year of Incorporation March 16, 1992

Constitution Public Limited Company

Nature of Business Capfin India Limited, incorporated in 1992, is an Non Banking

Financial Company (NBFC) registered with Reserve Bank of India

Iis a professional managed dynamic financial organisation. It offers the

best banking product through royal banking standard. It has a
strengthen presence in along with banking sector.

Industry Financial Sector

Registered Office 1C/13, Basement, New Rohtak Road, Delhi -110005

Listing Status Listed at BSE (Bombay Stock Exchange)

Key Promoters name Ms. Sarita Mantry

Name of the Statutory Auditor M/s Rag and Associates

Name of the Internal Auditor Ms. Neha Mantryas

Name of the Secretarial Auditor Deepanshi Jain & Associates, Company Secretaries
 Due Diligence Report: Capfin India Limited

Details of key management personnel

DIN/ PAN Name Designation Date of

Appointment

Whole Time
03414391 RACHITA MANTRY Director (WTD) 29/09/2015 (WTD)
& CFO 14/11/2015 (CFO)

01111382 SARITA MANTRY Additional Director 13/02/2017

08485341 ASHOK KUMAR MOHTA Director 18/06/2019

08506956 SANJAY KUKREJA Director 25/08/2020

ATQPC5913R PRIYANKA CHAUDHRY Company Secretary 13/08/2015

OWNERSHIP STRUCTURE (SHAREHOLDING PATTERN)

Category No. of shares % of Holding

Promoters & Promoter Group 2,95,888 10.33
Public 25,68,812 89.67
Grand Total 28,64,700 100.00

N
BUSINESS REVIEW/STATE OF THE COMPANY’S AFFAIRS
OWNERSHIP
ERSHIP STRUCTURESTRUCTURE (SHAREHOLDING
(SHAREHOLDING PATTERN PATTERN)
Presently, the Company is not carrying any business activity. The Company has been incurring losses for the past
many years and is yet to overcome the same. The Company has stopped its commercial production owing to huge
losses over the past many years.

GROUP COMPANIES
OWNERSHIP
ERSHIP STRUCTURE
STRUCTURE (SH (SHAREHOLDING PATTERN)
The Company does not have any Subsidiary, Associate or Holding company.

OUTLOOK / PROJECTIONS
OWNERSHIP STRUCTURE (SHAREHOLDING PATTERN)
The Company does not foresee and major threat to the growth prospective. Since the company is presently
engaged in the financial activities, there is huge scope of growth in the industry.

OPPORTUNITIES AND THREATS FOR THE COMPANY

OWNERSHIP STRUCTURE (SHAREHOLDING PATTERN)
The Company envisages huge growth in the financial activities sector as indicated in the current financial year.
But increased cost of purchases, competitive market conditions and low margins are the major threats in the
 Due Diligence Report: Capfin India Limited
financial companies.

RISKS AND CONCERNS

OWNERSHIP STRUCTURE (SHAREHOLDING PATTERN)
The Company has constituted a committee of Directors to identify, monitor and minimize the risk and to identify
the business opportunities. The Committee is also entrusted the job of defining the framework for identification,
assessment, monitoring, and reporting of the risk and review of risk trends and its potential impact.

INTERNAL CONTROL SYSTEMS AND THEIR ADEQUACY

OWNERSHIP STRUCTURE (SHAREHOLDING PATTERN)
The Company has adequate system of internal control to safeguard and protect from loss, unauthorized use or
disposition of its assets. All the transactions are properly authorized, recorded and reported to the Management.
The Company is following all the applicable Accounting Standards for properly maintaining the books of accounts
and reporting financial statements. The internal auditor of the company checks and verifies the internal control
and monitors them in accordance with policy adopted by the company

FINANCIAL PERFORMANCE WITH RESPECT TO OPERATIONAL PERFORMANCE

Financial performance has been given separately in the Directors’ Report.

FINANCIAL PERFORMANCE - PROFITABILITY STATEMENT

(Rs. In Crores)
Standalone Profit & Loss account ------------------- in Rs. Cr. -------------------
Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
INCOME
Revenue From Operations [Gross] 0.14 0.14 0.13 0.00 0.00
Revenue From Operations [Net] 0.14 0.14 0.13 0.00 0.00
Other Operating Revenues 0.00 0.01 0.01 0.11 0.20
Total Operating Revenues 0.14 0.14 0.14 0.11 0.20
Other Income 0.01 0.02 0.01 0.00 0.01
Total Revenue 0.15 0.17 0.15 0.12 0.20
EXPENSES
Employee Benefit Expenses 0.04 0.04 0.04 0.04 0.06
Other Expenses 0.06 0.09 0.08 0.06 0.07
Total Expenses 0.11 0.13 0.12 0.11 0.14
Profit/Loss Before Exceptional,
0.04 0.03 0.02 0.01 0.07
ExtraOrdinary Items And Tax
Profit/Loss Before Tax 0.04 0.03 0.02 0.01 0.07
Tax Expenses-Continued Operations
Current Tax 0.00 0.00 0.00 0.00 0.01
Deferred Tax 0.00 0.00 0.01 0.00 0.00
 Due Diligence Report: Capfin India Limited
Total Tax Expenses 0.00 0.01 0.01 0.00 0.01
Profit/Loss After Tax And Before
0.04 0.03 0.01 0.01 0.05
ExtraOrdinary Items
Profit/Loss From Continuing
0.04 0.03 0.01 0.01 0.05
Operations
Profit/Loss For The Period 0.04 0.03 0.01 0.01 0.05
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 0.14 0.09 0.04 0.04 0.19
Diluted EPS (Rs.) 0.14 0.09 0.04 0.04 0.19

FINANCIAL PERFORMANCE - BALANCE SHEET

(Rs. In Crores)

Standalone Balance Sheet

Ma
Mar 20 Mar 19 Mar 18 Mar 17
r 21
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 2.86 2.86 2.86 2.86 2.86
Total Share Capital 2.86 2.86 2.86 2.86 2.86
Reserves and Surplus 0.14 0.45 0.39 0.33 0.32
Total Reserves and Surplus 0.14 0.45 0.39 0.33 0.32
Total Shareholders Funds 3.01 3.32 3.25 3.20 3.19
NON-CURRENT LIABILITIES
Total Non-Current Liabilities 0.00 0.00 0.01 0.00 0.00
CURRENT LIABILITIES
Short Term Borrowings 0.02 0.02 0.01 0.00 0.00
Trade Payables 0.01 0.04 0.01 0.00 0.00
Other Current Liabilities 0.00 0.00 0.00 0.02 0.01
Short Term Provisions 0.00 0.00 0.00 0.00 0.01
Total Current Liabilities 0.02 0.06 0.02 0.02 0.02
Total Capital And Liabilities 3.03 3.37 3.29 3.21 3.21
ASSETS
NON-CURRENT ASSETS
Other Assets 0.24 0.25 0.25 0.00 0.00
Fixed Assets 0.24 0.25 0.25 0.00 0.00
Non-Current Investments 0.00 0.00 1.34 1.60 1.60
Deferred Tax Assets [Net] 0.02 0.02 0.00 0.00 0.00
Long Term Loans And Advances 0.00 0.00 0.00 1.57 1.45
 Due Diligence Report: Capfin India Limited
Other Non-Current Assets 0.02 0.02 0.03 0.00 0.00
Total Non-Current Assets 0.29 0.29 1.62 3.17 3.05
CURRENT ASSETS
Current Investments 0.91 1.26 0.00 0.00 0.00
Cash And Cash Equivalents 0.02 0.01 0.02 0.02 0.13
Short Term Loans And Advances 1.82 1.82 1.59 0.03 0.03
OtherCurrentAssets 0.00 0.00 0.05 0.00 0.00
Total Current Assets 2.75 3.09 1.66 0.05 0.16
Total Assets 3.03 3.37 3.29 3.21 3.21
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES,
COMMITMENTS
CIF VALUE OF IMPORTS
EXPENDITURE IN FOREIGN EXCHANGE
REMITTANCES IN FOREIGN
CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign Currency - - - - -
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods - - - - -
Other Earnings - - - - -
BONUS DETAILS
Bonus Equity Share Capital - - - - -
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market
- - - - -
Value
Non-Current Investments Unquoted Book
- - - 1.60 1.60
Value
CURRENT INVESTMENTS
Current Investments Quoted Market Value - - - - -
Current Investments Unquoted Book Value - - - - -

Litigation

 The company has no contingent Liability and commitments as on 31 st March 2021.

Listing agreement and SEBI Compliances

The company has complied the provisions of Listing Agreement and Sebi Laws as applicable on the company,
from time to time.

Employees State Insurance Act,1952

 Due Diligence Report: Capfin India Limited
The company has complied the provisions of the Act as applicable on the company.

Employees Provident Fund and Miscellaneous Provisions Act, 1952

The company has complied the provisions of the Act as applicable on the company.

The Shop and Establishment Act, 1948

The company has complied the provisions of the Act as applicable on the company.

The Payment of Gratuity Act, 1972

The company has complied the provisions of the Act as applicable on the company.

The Payment of Bonus Act, 1965

The company has complied the provisions of the Act as applicable on the company.

The Maternity Benefit Act, 1961

The company has complied the provisions of the Act as applicable on the company.

Companies Act, 2013

The company has complied the provisions of the Act as applicable on the company.