DOCSLIB.ORG

Big C Mobiles Private Limited: Rating Reaffirmed at [ICRA]BBB; Outlook Revised to Positive

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Big C Mobiles Private Limited: Rating Reaffirmed at [ICRA]BBB; Outlook Revised to Positive May 31, 2019 Big C Mobiles Private Limited: Rating reaffirmed at [ICRA]BBB; outlook revised to Positive Summary of rated instruments Previous Rated Amount Current Rated Amount Instrument* Rating Action (Rs. crore) (Rs. crore) Fund based – CC 9.00 10.50 Fund based – Term [ICRA]BBB reaffirmed; Outlook revised to 1.18 0.00 Loan Positive from Stable Unallocated limits 1.82 1.50 Total 12.00 12.00 Rationale The revision in outlook to positive factors in expected healthy revenue growth on the back of proposed new store additions. BMPL witnessed healthy growth of ~39% and ~15% in FY2018 and FY2019 on the back of significant addition of stores (93 stores) during the last two years. The company’s operating margins improved to 3.74% in FY2019 from 2.72% in FY2018 with better absorption of fixed costs. The rating also draws comfort from the reputed brand presence of Big C in Andhra Pradesh and Telangana leading to strong market position as the market leader in these two states. The rating considers proven track record of promoters in the mobile retailing industry. The rating also considers healthy financial profile characterized by moderate gearing of 0.85 times as on March 31, 2019, healthy RoCE of 57% in FY2019 and comfortable coverage indicators with interest coverage at 3.32 times and NCA/TD of 50% in FY2019. The rating, however, continues to remain constrained by high geographic concentration as it operates only in Andhra Pradesh and Telangana. However, ICRA notes that the company is expanding its presence to Tamil Nadu through its subsidiary. The rating considers intense competition in the industry from e-commerce players and unorganised sector. ICRA also notes that given the company’s aggressive growth plans, the working capital requirement are expected to increase and enhancement in working capital limits would be crucial to fund the same. Outlook: Positive The positive outlook reflects ICRA’s belief that the company will continue to increase its scale and margins with expected addition of stores. BMPL’s strong market position in the region is expected to drive revenue growth. The rating may be upgraded if the improvement in revenues and profitability is sustained, and liquidity position improves strengthening the financial risk profile. The outlook may be revised to 'Stable' if the cash accruals are lower than expected, or if higher- than-expected capital expenditure, or stretch in the working-capital cycle, weakens liquidity. Key rating drivers Credit strengths Significant experience of the management and established market position of Big C - The promoters have more than a decade of experience in the mobile retailing business through other group companies operating in the industry leading to established relationships with suppliers. BMPL operates its stores under the brand Big C which has reputed presence in Andhra Pradesh and Telangana leading to established market position in the region. It is the largest mobile phones retailer with a total of 225 stores spread across the two states. 1 Healthy growth in revenues during FY2018 and FY2019: The company expanded its network of stores over the last two years by opening 60 stores in FY2018 and 33 stores in FY2019 taking the total to 225 stores as on March 31, 2019. The rapid expansion coupled with increase in average selling price (ASP) of mobile phones has resulted in revenue growth of ~39% and ~15% in FY2018 and FY2019, respectively. The company is expected to further expand its network of stores in the medium term which is expected to drive its revenue growth. Comfortable financial risk profile: The company’s financial risk profile is comfortable with moderate gearing of 0.85 times as on March 31, 2019 and healthy RoCE of 57% in FY2019. The coverage indicators are comfortable as reflected by interest coverage of 3.32 times, Total Debt/OPBITDA of 1.03 times and NCA/Total Debt of 50% in FY2019. Moreover, the margins are expected to improve in the medium term as the company started procuring mobile phones directly from the OEMs; increase in scale would also result in higher margins. Credit challenges High geographic concentration – BMPL’s operations are geographically concentrated as its presence is limited to Andhra Pradesh and Telangana. The company is expanding its presence to Tamil Nadu through its subsidiary, Big C Mobiles T N Private Limited; however, the same is in the initial stages of operations. The company has high vendor concentration as top 3 brands, Samsung, Vivo, and Xiaomi, contributed ~58% of the total sales in FY2019. High funding requirements given the aggressive growth plans: The company’s working capital requirements are expected to increase in the near term given its aggressive growth plans. Moreover, BMPL’s investments in its subsidiary are also expected to increase to fund the expansion in the Tamil Nadu market. The average working capital utilisation was high at ~85% for the period between May 2018 and March 2019 and the company’s ability to secure enhancement in working capital limits would remain a key rating monitorable. Exposed to intense competition in the mobile retail industry: The company faces intense competition from e-commerce players, other large mobile retail chains and large number of unorganised brick-and- mortar stores. Mobile retail industry remains highly dynamic in nature, as illustrated by growing competition from e-commerce players, changing trading margins offered by mobile brands, entry of various foreign/Indian mobile brands with online/offline selling strategies. This may affect the growth prospects and operating-margins in the long-term. Liquidity Position The company’s average fund-based limit utilization was high at ~85% during the period from May 2018 to March 2019. The company would incur capex towards stores addition, and its investments in subsidiary are expected to increase in the near term leading to higher funding requirements. Analytical Approach Analytical Approach Comments Corporate Credit Rating Methodology Applicable Rating Methodologies Rating Methodology for Entities in the Retail Industry Parent/Group Support Not Applicable Consolidation / Standalone The ratings are based on standalone financial profile of the company 2 About the company: BMPL was incorporated in 2002 as Balaji Watch and Mobiles Private Limited and was engaged in retailing of watches and mobile phones. In 2006, the company discontinued the retailing of watches and limited its business to mobile phones retail. BMPL is majorly into retailing of mobiles phones and tablets through a chain of multi brand outlets under the brand name of ‘BigC’. As on March 31, 2019, BMPL had 225 retail outlets spread across Andhra Pradesh and Telangana selling mobile phones of brands such as Samsung, Xiaomi, Vivo, Oppo, Apple, Celkon, Micromax, LG etc. Key financial indicators FY 2018 FY2019* Operating Income (Rs. Crore) 998.2 1150.2 PAT (Rs. Crore) 8.8 18.7 OPBDIT/ OI (%) 2.7% 3.7% RoCE (%) 61.9% 57.0% Total Debt/ TNW (times) 0.5 0.9 Total Debt/ OPBDIT (times) 0.6 1.0 Interest coverage (times) 2.9 3.3 *Unaudited financials Status of non-cooperation with previous CRA: Not applicable Any other information: None Rating history for last three years: Chronology of Rating History for the past Current Rating (FY2020) 3 years Date & Date & Date & Date & Rating Rating in Rating in Rating in Amount Amount in FY2020 FY2019 FY2018 FY2017 Rated Outstanding November - May 2016 Instrument Type (Rs. crore) (Rs. crore) May 2019 2017 1 Cash Credit Long NA [ICRA]BBB [ICRA]BBB [ICRA]BBB- 10.50 - Term (Positive) (Stable) (Stable) 2 Term Loan Long NA - [ICRA]BBB [ICRA]BBB- - - Term (Stable) (Stable) 3 Unallocated Long NA [ICRA]BBB [ICRA]BBB [ICRA]BBB- 1.50 - Limits Term (Positive) (Stable) (Stable) Complexity level of the rated instrument: ICRA has classified various instruments based on their complexity as "Simple", "Complex" and "Highly Complex". The classification of instruments according to their complexity levels is available on the website www.icra.in 3 Annexure-1: Instrument Details Date of Amount Instrument Issuance / Coupon Maturity Rated Current Rating and ISIN No Name Sanction Rate Date (Rs. crore) Outlook NA Cash Credit NA NA NA 10.50 [ICRA]BBB (Positive) NA Unallocated NA NA NA 1.50 [ICRA]BBB (Positive) Source: Big C Mobiles Private Limited 4 ANALYST CONTACTS K. Ravichandran R Srinivasan +91-44-45964301 +91-44-45964315 [email protected] [email protected] Nithya Debbadi Sai Kireeti S K +91 40 4067 6515 +91 40 4067 6530 [email protected] [email protected] RELATIONSHIP CONTACT Jayanta Chatterjee +91 80 4332 6401 [email protected] MEDIA AND PUBLIC RELATIONS CONTACT Ms. Naznin Prodhani Tel: +91 124 4545 860 [email protected] Helpline for business queries: +91-9354738909 (open Monday to Friday, from 9:30 am to 6 pm) [email protected] About ICRA Limited: ICRA Limited was set up in 1991 by leading financial/investment institutions, commercial banks and financial services companies as an independent and professional investment Information and Credit Rating Agency. Today, ICRA and its subsidiaries together form the ICRA Group of Companies (Group ICRA). ICRA is a Public Limited Company, with its shares listed on the Bombay Stock Exchange and the National Stock Exchange. The international Credit Rating Agency Moody’s Investors Service is ICRA’s largest shareholder. For more information, visit www.icra.in 5 ICRA Limited Corporate Office Building No. 8, 2nd Floor, Tower A; DLF Cyber City, Phase II; Gurgaon 122 002 Tel: +91 124 4545300 Email: [email protected] Website: www.icra.in Registered Office 1105, Kailash Building, 11th Floor; 26 Kasturba Gandhi Marg; New Delhi 110001 Tel: +91 11 23357940-50 Branches Mumbai + (91 22) 24331046/53/62/74/86/87 Chennai + (91 44) 2434 0043/9659/8080, 2433 0724/ 3293/3294, Kolkata + (91 33) 2287 8839 /2287 6617/ 2283 1411/ 2280 0008, Bangalore + (91 80) 2559 7401/4049 Ahmedabad + (91 79) 2658 4924/5049/2008 Hyderabad + (91 40) 2373 5061/7251 Pune + (91 20) 2556 0194/ 6606 9999 © Copyright, 2019 ICRA Limited.
Load more

Recommended publications
  • Time to Reboot.Indd
    TIME TO REBOOT II About Toxics Link: Toxics Link emerged from a need to establish a mechanism for disseminating credible information about toxics in India, and for raising the level of the debate on these issues. The goal was to develop an information exchange and support organisation that would use research and advocacy in strengthening campaigns against toxics pollution, help push industries towards cleaner production and link groups working on toxics and waste issues. Toxics Link has unique experience in the areas of hazardous, medical and municipal wastes, as well as in specifi c issues such as the international waste trade and the emerging issues of pesticides and POP’s. It has implemented various best practices models based on pilot projects in some of these areas. It is responding to demands upon it to share the experiences of these projects, upscale some of them and to apply past experience to larger and more signifi cant campaigns. Copyright © Toxics Link, 2015 All rights reserved FOR FURTHER INFORMATION: Toxics Link H-2, Jungpura Extension New Delhi – 110014 Phone: +91-(11)-24328006, 24320711 Fax: +91-(11)-24321747 Email: [email protected] Web: www.toxicslink.org Report: Priti Banthia Mahesh Data Collection: Monalisa Datta, Vinod Kumar Sharma ACKNOWLEDGEMENTS Time to Reboot was released last year and received good response from all around. Offi cers from Regulatory Agencies, Industry, Civil society organisaions and experts welcomed the idea, prompting us to plan the next edition. Feedback, both positive and negative, also helped us in redefi ning the criteria and we would like to take this opportunity to thank all of them.
    [Show full text]
  • A Review of Indian Mobile Phone Sector
    IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 20, Issue 2. Ver. II (February. 2018), PP 08-17 www.iosrjournals.org A Review of Indian Mobile Phone Sector Akash C.Mathapati, Dr.K Vidyavati Assistant Professor, Department of Management Studies, Dr.P G Halakatti College of Engineering, Vijayapura Professor, MBA Department, Sahyadri College of Engineering & Management, Mangaluru Corresponding Author: Akash C.Mathapati, Abstract: The Paper Has Attempted To Understand The Indian Mobile Handset Overview, Market Size, Competitive Landscape With Some Of The Category Data. Also Some Relevant Studies On Indian Mobile Handset And Its Global Comparison Have Been Focused With The Impact On Economy And Society. Keywords: India, Mobile handsets, market size, Global Comparisons, GSM --------------------------------------------------------------------------------------------------------------------------------------- Date of Submission: 15-01-2018 Date of acceptance: 09-02-2018 ------------------------------------------------------------------------------------------------------------------------------------- I. Introduction India is currently the 2nd second-largest telecom market and has registered strong growth in the past decade and a half. The Indian mobile economy is growing quickly and will contribute extensively to India’s Gross Domestic Product (GDP), according to report prepared by GSM Association (GSMA) in association with the “Boston Consulting Group” (BCG). The direct and reformist strategies of the GoI have been instrumental alongside solid customer request in the quick development in the Indian telecom division. The administration has empowered simple market section to telecom gear and a proactive administrative and reasonable structure that has guaranteed openness of telecom administrations to the customer at sensible costs. The deregulation of "Outside Direct Investment" (FDI) standards has made the segment one of the top developing and a main 5 business opportunity maker in the nation.
    [Show full text]
  • Compatibility Sheet
    COMPATIBILITY SHEET SanDisk Ultra Dual USB Drive Transfer Files Easily from Your Smartphone or Tablet Using the SanDisk Ultra Dual USB Drive, you can easily move files from your Android™ smartphone or tablet1 to your computer, freeing up space for music, photos, or HD videos2 Please check for your phone/tablet or mobile device compatiblity below. If your device is not listed, please check with your device manufacturer for OTG compatibility. Acer Acer A3-A10 Acer EE6 Acer W510 tab Alcatel Alcatel_7049D Flash 2 Pop4S(5095K) Archos Diamond S ASUS ASUS FonePad Note 6 ASUS FonePad 7 LTE ASUS Infinity 2 ASUS MeMo Pad (ME172V) * ASUS MeMo Pad 8 ASUS MeMo Pad 10 ASUS ZenFone 2 ASUS ZenFone 3 Laser ASUS ZenFone 5 (LTE/A500KL) ASUS ZenFone 6 BlackBerry Passport Prevro Z30 Blu Vivo 5R Celkon Celkon Q455 Celkon Q500 Celkon Millenia Epic Q550 CoolPad (酷派) CoolPad 8730 * CoolPad 9190L * CoolPad Note 5 CoolPad X7 大神 * Datawind Ubislate 7Ci Dell Venue 8 Venue 10 Pro Gionee (金立) Gionee E7 * Gionee Elife S5.5 Gionee Elife S7 Gionee Elife E8 Gionee Marathon M3 Gionee S5.5 * Gionee P7 Max HTC HTC Butterfly HTC Butterfly 3 HTC Butterfly S HTC Droid DNA (6435LVW) HTC Droid (htc 6435luw) HTC Desire 10 Pro HTC Desire 500 Dual HTC Desire 601 HTC Desire 620h HTC Desire 700 Dual HTC Desire 816 HTC Desire 816W HTC Desire 828 Dual HTC Desire X * HTC J Butterfly (HTL23) HTC J Butterfly (HTV31) HTC Nexus 9 Tab HTC One (6500LVW) HTC One A9 HTC One E8 HTC One M8 HTC One M9 HTC One M9 Plus HTC One M9 (0PJA1)
    [Show full text]
  • Claudia Tapia, Director IPR Policy at the Ericsson
    DT: a new technological and economic paradigm Dr Claudia Tapia, Director IPR Policy All views expressed in this speech are those of the author and do not necessarily represent the views of Ericsson Ericsson at a glance NETWORKS IT MEDIA INDUSTRIES Create one network for Transform IT to accelerate Delight the TV Connect industries to a million different needs business agility consumer every day accelerate performance Worldwide mobile 42,000 Patents 40% traffic provided by 222,6 B. SEK Net Sales our networks R&D Employees Licensing Countries with 23,700 >100 agreements 180 customers Average p.a. Licensing revenues Employees 5 B. usd in R&D 10 b. Sek 111,000 Page 2 415,000,000,000 Page 3 STANDARDISATION PROCESS Early Technical Unapproved contribution investment (described in R&D in a patent) Adopted by Standard FRAND CONSENSUS in essential commitment standard patent Return on Access to the investment standard Interoperable high performance devices at a FRAND = Fair, Reasonable and Non- reasonable price DiscriminatoryPage 4 (terms and conditions) 4,000,000,000,000 Page 5 3,452,040 Page 6 3G and LTE (3GPP - 1999 – Dec. 2014 ) 262,773 Submitted contributions 43,917 Approved contributions (16,7%) Source: Signals Research Group. The Essentials of IP, from 3G through LTE Release 12, May 2015 Page 7 LTE approved Contributions for 13 WGs (2009 - Q3 2015) –Source: ABI Research COMPANY RANK Ericsson 1 Huawei 2 Nokia Networks 3 Qualcomm 4 ALU 5 ZTE 6 Samsung 7 Anritsu 8 Rohde & Schwarz 9 CATT 10 Page 8 Principles of standardisation CONSENSUS TRANSPARENCY IMPARTIALITY OPENNESS ..
    [Show full text]
  • Bharti Airtel Limited (532454/ BHARTIARTL)
    April 13, 2018 National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Bandra Kurla Complex, Bandra (E), Mumbai-400051 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai-400001 Ref: Bharti Airtel Limited (532454/ BHARTIARTL) Sub: Press Release Dear Sir/ Madam, We are enclosing herewith a press release titled "Airtel makes it easier for customers to upgrade to a 4G smartphone", being issued by Bharti Airtel Limited. Kindly take the same on record. Thanking you, Sincerely Yours For Bha:rt: d ~hld;Shan Pur; Oy. Company Secretary Bharti Airtel Limited (a Bharti Enterprise) Regd. & Corporate Office: Bharti Crescent, 1, Nelson Mandela Road, Vasant Kunj, Phase II, New Delhi - 110070 T.: +91-11-4666 6100, F.: +91-11-4166 6137, Email id: [email protected], www.airtel.com CIN:L74899DL1995PLC070609 f) airtel Airtel makes it easier for customers to upgrade to a 4G smartphone Announces a special initiative, under which Airtel customers moving up to Airtel 4G will get 30 GB FREE data Initiative will complement Airtel's 'Mera Pehla Smartphone' programme and will enable more Indians to get on to the 4G digital highway New Delhi, April 13, 2018: Bharti Airtel ("Airtel"), India's largest telecommunications services provider, today rolled out another special initiative to help more Indians get on to the digital highway. Under the initiative, Airtel customers on 2G/3G mobile devices will be eligible for 30 GB data FREE data when they upgrade to a 4G smartphone. Prepaid customers will get FREE 1 GB data every day for 30 days over and above any pack they charge with.
    [Show full text]
  • In the Income Tax Appellate Tribunal Delhi Bench: 'I-2' New Delhi Before Shri N. K. Billaiya, Accountant Member and Ms Such
    1 ITA No. 7285/ DEL/2018 IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH: ‘I-2’ NEW DELHI BEFORE SHRI N. K. BILLAIYA, ACCOUNTANT MEMBER AND MS SUCHITRA KAMBLE, JUDICIAL MEMBER I.T.A. No. 7285/DEL/2018 (A.Y 2013-14) (THROUGH VIDEO CONFERENCING) Samsung India Electronics Pvt. Vs Addl. CIT(A), Ltd. 20th-24th Floors, DLF Two Special Range-8, Horizon Centre, Sector-43, Room NO. 199A, 1st Floor, C. Gurgaon, Haryana-122002 R. Building, I.P. Estate PAN: AAACSS123K New Delhi-110002 (APPELLANT) (RESPONDENT) Appellant by Sh. Himanshu S. Sinha & Sh. Bhoowan Dhupar, Adv Respondent by Sh. Anupam Kant Garg, CIT(DR) Date of Hearing 01.10.2020 Date of Pronouncement 14.12.2020 ORDER PER SUCHITRA KAMBLE, JM This appeal is filed by the assessee against the order dated 31/10/2018 passed under Section 254/143(3) read with Section 144 C of the Income Tax Act, 1961 passed by Addl. CIT(A), New Delhi, for Assessment Year 2013-14. 2. The grounds of appeal are as under:- GROUNDS OF APPEAL “1. That on the facts and circumstances of the case and in law, the Ld. AO has erred in assessing the total income of the Appellant at Rs.27,96,96,74,360/- as against the returned income of Rs. 2 ITA No. 7285/ DEL/2018 24,95,09,04,510/-. 2. That on the facts and circumstances of the case and in law, the Ld. Dispute Resolution Panel (‘DRP’)/A.O/ Transfer Pricing Officer (“TPO”) erred in making a transfer pricing adjustment of Rs.3,01,87,69,854/-- on account of (i) advertising, marketing, promotion (“AMP”-1T) expenses of – RS.
    [Show full text]
  • Understanding Practices of Stakeholder Engagement and Mineral Supply Chain Due Diligence in the Electronics Industry
    Sustainable Mineral Sourcing Understanding corporate practices of stakeholder engagement and mineral supply chain due diligence in the Electronics Industry. Richard Evans August 2020 Utrecht University MSc Sustainable Development Evans R. (2020) Sustainable mineral sourcing Sustainable Mineral Sourcing Research on understanding practices of stakeholder engagement and mineral supply chain due diligence in the Electronics Industry. Sustainable Development Masters Thesis Earth Systems Governance (GEO4-2321) 45 Credits (EC) Richard Charles Olson Evans 5834171 [email protected] Utrecht University Faculty of Geosciences August 2020 I certify that this dissertation is entirely my work and no part of it has been submitted for an alternative degree or other qualification in this or another institution. I also certify that I have not collected data nor shared data with another candidate at Utrecht University or elsewhere without specific authorisation. Cover photo: from ‘Responsible Mining: Conflict minerals’ (2010) by GoodElectronics and SOMO, supplied by Sasha Lezhnev / Enough Project. Page 1 Evans R. (2020) Sustainable mineral sourcing Table of contents Acknowledgements ................................................................................................................ 4 List of abbreviations ............................................................................................................... 5 Foreword ...............................................................................................................................
    [Show full text]
  • FINAL DISTRIBUTION.Xlsx
    Annexure-1B 1)Taxpayers with turnover above Rs 1.5 Crores b) Taxpayers falling under the jurisdiction of the State Taxpayer's Name SL NO GSTIN Registration Name TRADE_NAME 1 NATIONAL INSURANCE COMPANY LIMITED NATIONAL INSURANCE COMPANY LTD 19AAACN9967E1Z0 2 WEST BENGAL STATE ELECTRICITY DISTRIBUTION CO. LTD WEST BENGAL STATE ELECTRICITY DISTRIBUTION CO. LTD 19AAACW6953H1ZX 3 INDIAN OIL CORPORATION LTD.(ASSAM OIL DIVN.) INDIAN OIL CORPORATION LTD.(ASSAM OIL DIVN.) 19AAACI1681G1ZM 4 THE W.B.P.D.C.L. THE W.B.P.D.C.L. 19AABCT3027C1ZQ 5 ITC LIMITED ITC LIMITED 19AAACI5950L1Z7 6 TATA STEEL LIMITED TATA STEEL LIMITED 19AAACT2803M1Z8 7 LARSEN & TOUBRO LIMITED LARSEN & TOUBRO LIMITED 19AAACL0140P1ZG 8 SAMSUNG INDIA ELECTRONICS PVT. LTD. 19AAACS5123K1ZA 9 EMAMI AGROTECH LIMITED EMAMI AGROTECH LIMITED 19AABCN7953M1ZS 10 KOLKATA PORT TRUST 19AAAJK0361L1Z3 11 TATA MOTORS LTD 19AAACT2727Q1ZT 12 ASHUTOSH BOSE BENGAL CRACKER COMPLEX LIMITED 19AAGCB2001F1Z9 13 HINDUSTAN PETROLEUM CORPORATION LIMITED. 19AAACH1118B1Z9 14 SIMPLEX INFRASTRUCTURES LIMITED. SIMPLEX INFRASTRUCTURES LIMITED. 19AAECS0765R1ZM 15 J.J. HOUSE PVT. LTD J.J. HOUSE PVT. LTD 19AABCJ5928J2Z6 16 PARIMAL KUMAR RAY ITD CEMENTATION INDIA LIMITED 19AAACT1426A1ZW 17 NATIONAL STEEL AND AGRO INDUSTRIES LTD 19AAACN1500B1Z9 18 BHARATIYA RESERVE BANK NOTE MUDRAN LTD. BHARATIYA RESERVE BANK NOTE MUDRAN LTD. 19AAACB8111E1Z2 19 BHANDARI AUTOMOBILES PVT LTD 19AABCB5407E1Z0 20 MCNALLY BHARAT ENGGINEERING COMPANY LIMITED MCNALLY BHARAT ENGGINEERING COMPANY LIMITED 19AABCM9443R1ZM 21 BHARAT PETROLEUM CORPORATION LIMITED 19AAACB2902M1ZQ 22 ALLAHABAD BANK ALLAHABAD BANK KOLKATA MAIN BRANCH 19AACCA8464F1ZJ 23 ADITYA BIRLA NUVO LTD. 19AAACI1747H1ZL 24 LAFARGE INDIA PVT. LTD. 19AAACL4159L1Z5 25 EXIDE INDUSTRIES LIMITED EXIDE INDUSTRIES LIMITED 19AAACE6641E1ZS 26 SHREE RENUKA SUGAR LTD. 19AADCS1728B1ZN 27 ADANI WILMAR LIMITED ADANI WILMAR LIMITED 19AABCA8056G1ZM 28 AJAY KUMAR GARG OM COMMODITY TRADING CO.
    [Show full text]
  • Supported Devices Epihunter Companion App
    Supported devices epihunter companion app Manufacturer Model Name RAM (TotalMem) Ascom Wireless Solutions Ascom Myco 3 1000-3838MB Ascom Wireless Solutions Ascom Myco 3 1000-3838MB Lanix ilium Pad E7 1000MB RCA RLTP5573 1000MB Clementoni Clempad HR Plus 1001MB Clementoni My First Clempad HR Plus 1001MB Clementoni Clempad 5.0 XL 1001MB Auchan S3T10IN 1002MB Auchan QILIVE 1002MB Danew Dslide1014 1002MB Dragontouch Y88X Plus 1002MB Ematic PBS Kids PlayPad 1002MB Ematic EGQ347 1002MB Ematic EGQ223 1002MB Ematic EGQ178 1002MB Ematic FunTab 3 1002MB ESI Enterprises Trinity T101 1002MB ESI Enterprises Trinity T900 1002MB ESI Enterprises DT101Bv51 1002MB iGet S100 1002MB iRulu X40 1002MB iRulu X37 1002MB iRulu X47 1002MB Klipad SMART_I745 1002MB Lexibook LexiTab 10'' 1002MB Logicom LEMENTTAB1042 1002MB Logicom M bot tab 100 1002MB Logicom L-EMENTTAB1042 1002MB Logicom M bot tab 70 1002MB Logicom M bot tab 101 1002MB Logicom L-EMENT TAB 744P 1002MB Memorex MTAB-07530A 1002MB Plaisio Turbo-X Twister 1002MB Plaisio Coral II 1002MB Positivo BGH 7Di-A 1002MB Positivo BGH BGH Y210 1002MB Prestigio MULTIPAD WIZE 3027 1002MB Prestigio MULTIPAD WIZE 3111 1002MB Spectralink 8744 1002MB USA111 IRULU X11 1002MB Vaxcare VAX114 1002MB Vestel V Tab 7010 1002MB Visual Land Prestige Elite9QL 1002MB Visual Land Prestige Elite8QL 1002MB Visual Land Prestige Elite10QS 1002MB Visual Land Prestige Elite10QL 1002MB Visual Land Prestige Elite7QS 1002MB Dragontouch X10 1003MB Visual Land Prestige Prime10ES 1003MB iRulu X67 1020MB TuCEL TC504B 1020MB Blackview A60 1023MB
    [Show full text]
  • Flash Distribution Private Limited
    December 04, 2017 Flash Distribution Private Limited Summary of Rated Instruments Instrument* Rated Amount Rating Action (in crore) Non-Fund based 20.96 [ICRA]A4; Outstanding Cash Credit - Sublimit (15.00) [ICRA]BB(Stable); Outstanding Fund based 8.00 [ICRA]BB(Stable); Assigned Unallocated 29.04 (enhanced from 0.04) [ICRA]BB (Stable); Assigned/Outstanding Total 58.00 *Instrument Details are provided in Annexure-1 Rating Action ICRA has assigned the long term rating of [ICRA]BB (pronounced ICRA double B) to the Rs. 8.00 crore fund based limits and Rs.29.04 crore (enhanced from Rs. 0.04 crore) unallocated limits of Flash Distribution Private Limited (FDPL). ICRA has a long-term rating of [ICRA]BB outstanding for the Rs. 15.00 crore cash credit (sublimit) facility and a short-term rating of [ICRA]A4 (pronounced ICRA A four) outstanding for the Rs. 20.96 crore non-fund based limits of FDPL. The outlook on the long-term rating is ‘Stable’. Rationale The rating reaffirmation positively factor in the established position of the company as sole authorized distributor for products of Gionee Communication Equipment Co. Ltd (Gionee) in the South Indian states of Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, Kerala and Pondicherry and Xiaomi Inc. (Xiaomi) for the state of Telangana (except Hyderabad), Andhra Pradesh and Tamil Nadu. The ratings also factor in the healthy revenue growth in 7M FY2018, experience of promoters in mobile distribution and retail industry, and the company’s potential to scale up the business in the immediate term. The ratings are however constrained by the moderate financial risk profile of the company as reflected by thin margins, high gearing, and stretched coverage indicators.
    [Show full text]
  • Participant Handbook
    Participant Handbook Sector Telecom Sub-Sector Handset Occupation Customer Service Reference ID: TEL/Q2201, Version 1.0 NSQF Level 4 Handset Repair Engineer (Level II) Published by Adroit HR Straight Pvt Ltd H-146,147, Sector 63 Noida - 201301 Email: [email protected] Website: www.hrstraight.com All Rights Reserved, First Edition, March 2016 ISBN Printed in India at Unifiers Social Ventures Pvt Ltd,B-100,LGF,Sarvodya Enclave, NewDelhi-110017,India, [email protected] Copyright © 2016 Telecom Sector Skill Council 2nd Floor, Plot No 105, Sector 44 Gurgaon – 122003, Haryana Email: [email protected] Phone: +91 124 4148029 Disclaimer The information contained herein has been obtained from sources reliable to Telecom Sector Skill Council (TSSC). TSSC disclaims all warranties to the accuracy, completeness or adequacy of such information. TSSC shall have no liability for errors, omissions, or inadequacies, in the information contained herein, or for interpretations thereof. Every effort has been made to trace the owners of the copyright material included in the book. The publishers would be grateful for any omissions brought to their notice for acknowledgements in future editions of the book. No entity in TSSC shall be responsible for any loss whatsoever, sustained by any person who relies on this material. The material in this publication is copyrighted. No parts of this publication may be reproduced, stored or distributed in any form or by any means either on paper or electronic media, unless authorized by the TSSC. ii Skilling is building a better India. If we have to move India towards development then Skill Development should be our mission.
    [Show full text]
  • Manufacturer Device Model Consumers Count Apple Iphone
    Manufacturer Device Model Consumers Count Apple iPhone 24,666,239 Apple iPad 13,155,907 samsung SM-J500M 1,079,744 Apple iPod touch 1,070,538 samsung SM-G531H 1,043,553 samsung SM-G935F 1,026,327 samsung SM-T113 894,096 samsung SM-J700M 888,680 motorola MotoG3 860,116 samsung SM-J700F 847,315 samsung SM-G920F 834,655 samsung SM-G900F 827,050 samsung SM-G610F 786,659 HUAWEI ALE-L21 783,180 OPPO A37f 701,488 samsung SM-G955U 699,321 samsung SM-G930F 685,195 samsung SM-J510FN 673,415 samsung SM-G950U 654,635 samsung SM-G530H 651,695 samsung SM-J710F 647,723 motorola Moto G (4) 640,091 samsung SM-T110 627,013 samsung SM-J200G 611,728 OPPO A1601 588,226 samsung SM-G925F 571,858 samsung SM-G930V 557,813 samsung SM-A510F 533,209 ZTE Z981 532,290 samsung GT-I9300 516,580 samsung SM-J320FN 511,109 Xiaomi Redmi Note 4 507,119 samsung GT-I9505 504,325 samsung GT-I9060I 488,253 samsung SM-J120H 472,748 samsung SM-G900V 458,996 Xiaomi Redmi Note 3 435,822 samsung SM-A310F 435,163 samsung SM-T560 435,042 motorola XT1069 433,667 motorola Moto G Play 422,147 LGE LG-K430 406,009 samsung GT-I9500 392,674 Xiaomi Redmi 3S 388,092 samsung SM-J700H 384,922 samsung SM-G532G 384,884 samsung SM-N9005 382,982 samsung SM-G531F 382,728 motorola XT1033 380,899 Generic Android 7.0 374,405 motorola XT1068 373,075 samsung SM-J500FN 372,029 samsung SM-J320M 366,049 samsung SM-J105B 351,985 samsung SM-T230 348,374 samsung SM-T280 347,350 samsung SM-T113NU 341,313 samsung SM-T350 338,525 samsung SM-G935V 337,090 samsung SM-J500F 332,972 samsung SM-J320F 329,165 motorola
    [Show full text]