FLASH REPORT

for
Proposed restructurng of
Under CDR mechanism

Application Number
Application Date

Table of Contents
Particulars
Basic details
Check-list
Brief backgrounof promoter(s)
Composition of Board of Directors
Shareholding Pattern
Details of listed shares
Brief background / history of the company / borrower
Borrowers business model, products and market prospects.
Borrownigs / Debt profile
Key Financials and brief comments on past financials including contingent
liabilities/ Corporate Guarantees
Reasons for losses / Need for restructuring
Restructuring proposal including wavers and additional finance with justification
Sacrifice, Promoters Contribution and sources thereof and Recompence amount
Current and Proposed Security with ACR including valuations and basis of
valuations
Key Strength(s) of Borrower which shall help turnaround
Major Risks and Mitigants
Projected Financials
Ratio Analysis
Brief comments on projections and ratios vis a vis viability
Details of non core assets if any
Details of Group Companies/ Subsidaries and restructurings if any proposed or
already implemented for the same
Details of past restructurings if any
Lender-wise debt profile as on COD and date reference Annexure A
Projected Balance Sheet Annexure B
Projected P/L-Annexure C
Projected Cash Flow Statements Annexure D
Cash Budgets for 4 months from reference date- Annexure E

Page No.

Item No.: ____________

Empowered Group Meeting
Date: ____________

Flash Report
1.

Basic Details:

Company Name

Registered office
address
Constitution
Year of
incorporation
Line of buiness /
key products

Plant location
(State)
Key promoter(s)
name
External Credit
Rating

2.

Reference made
by
Date of
reference
Date of DCA
Lead Bank
(WC)
Lead
Institution/Bank
(TL)
Installed
Capacites
Credit rating with
Lead Bank

:
:
:

:
:
:
:
:
:
:

Checklist :

Asset classification with lenders

Wilful Default (Yes / No)
BIFR / Non BIFR
Sector whether Infra / Non Infra
Industry
Exposure Whether commercial real
estate / capital market
DRT suits filed No / Yes with relevant
details
Winding up petition filed No / Yes with
relevant details
Other cases against the company No /
Yes with relevant details
Cases filed by the company against lenders
No / Yes with relevant details
Extent of promoters sharholding in total
equity share capital
Extent of pledge of promoters sharholding

:
:
:
:

Total CDR debt outstanding as on Cut off

date
(FB WC + NFB WC + TL)
Total CDR debt outstanding as on date of
reference
(FB WC + NFB WC + TL)
Proposed cut-off date
Pre TRA designated Bank
Total overdues of CDR lenders,
as on cut off date
Dates of consortium meetings / JLMs in 90
days preceding the date of reference

:
:
:
:
:
:
:

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:
:
:
:

___% of promoters holding

____% of total equity base
_____ lenders with aggregate exposure of
Rs.______ crore
_____ lenders with aggregate exposure of
Rs.______ crore

Interest Rs.______ crore

Principal Rs.______ crore

3.

Brief background of Promoter(s):

4.

Composition of Board of Directors

Name

5.

Age

Qualificatio
n

Experience

Other
Directorship

Promoter/Independen
t

Shareholding Pattern

Particulars

No of
Shares

Promoters
Associates
Other Body
Corporates
Institutions/Banks
Public

6.

Details of listed shares

Particulars
Exchange on which shares are listed
Trading Frequency
Current Market Price
Market Capitilisation
52 week H/L
Previous public/right issues and private placement
7.

Brief background / history of Company / Borrower:

8.

Borrowers business model, products and market prospects :

9.

Borrownigs / Debt profile:

Number of
lenders

Rs. crore
Limits
Outstandin
sanctioned g as on
COD

Outstanding
as on date of
reference

CDR Debt :
- Secured WC
- Secured TL
- Unsecured
-------Total CDR

----------

Non CDR Debt :

ECB from CDR lenders
FCCB
Public FD
Unsecured loan / ICD
(non promoter)
Unsecured loan / ICD
(promoter + friends / relatives)
FB/NFB debt from other non CDR
lenders
----------Total Non CDR
Grand Total
(CDR + Non CDR)
For lender-wise details of CDR debt, please see Annexure A.

------------

10.

Key Financials :

Particulars

Rs.crore
FY 2010

FY 2011

FY 2012

YTD
3/6/9 mths
ended ___

Net Sales / Income

Other operating income
EBITDA
EBIDTA (%)
PAT
TNW, excluding preference
shares
Preference shares capital
Total Debt / Borrowings
WDV of Fixed Assets (Net
block)
Investments In
subsidiaries/group cos
Investments Others
Stocks
Book debts
Trade Creditors
(excl. for capital goods)
Loans and advances to
subsidiaries/Group cos
Total Debts/TNW
Term Debts/ Fixed Assets
Total Debts/EBIDTA
Current Ratio

Brief comments on past financials including contingent liabilities/ Corporate

Guarantees:

11.

Reasons for losses / Need for restructuring:

12.
Restructuring Proposal including waivers and additional finance with
justification for the same

13

Sacrifice, Promters Contribution and sources thereof and Recompence amount

14.
Current Security and Proposed Security with Asset Coverage Ratio including
valuations and basis of valuation

15.

16.

a.

Key Strength(s) of Borrower which shall help turnaround :

b.

Major Risks and Mitigants :

Projected Financials (Refer Annexure B, C and D)

17. Ratio Analysis

Particulars

Value

Benchmark

Average Adjusted DSCR

Return on Capital Employed (ROCE) Average
Gap between IRR & Average Cost of Capital
Cost of Capital
Internal Rate of Return (IRR)
Loan Life Ration (LLR)
Asset Coverage Ratio
18. Brief Comments on projection and ratios vis a vis viability

19. Details of non core assets if any

20. Details of Group Companies/ Subsidaries and restructurings if any proposed or

already implemented for the same

Brief Financials of Group Cos / Subsidaries

Particulars

Sales
PAT
Total Debts
TNW
Net Fixed Assets
21. Details of past restructurings if any.

Rs.

Annexure A
Lender-wise debt profile as on COD and Date of Reference

Annexure B
Projected Balance Sheet

Annexure C
Projected P / L

Annexure D
Projected Cash Flow Statement

Annexure E
Cash Budgets for 4 months from reference date