ARGUS

EMIS
6-8 Bouverie Street

London EC4Y 8DD, United Kingdom
www.emis.com
Business Report Generated on 07 February 2018
ARGUS COSMETICS LTD.
EMISid: 3868648
IN-CIN: U24246T N1988PLC016431
Le gal Addre ss
No 4, Seshadri Road, II Floor, Alwarpet Chennai; Tamil Nadu; India;
Map
Post al Code : 60 0 0 18
T e l: 24997181
Email: guna@argus.in
We bsit e : http://www.argus.in
Main Act ivit ie s: Soap, Cleaning Compound, and Toilet Preparation Manufacturing
Copyright © 20 18 EMIS, all rights reserved. A Euromoney Institutional Investor company.

EMIS Business Report, Generated on 2018-02-07
Table of Cont ent s

Table of Cont ent s 2
Company Tear Sheet 3
Contact Information 3
NAICS Industry Classification 3
EMIS Financial Score 3
Key Executives 3
Ownership Details 3
Key Financial Highlights 4
Similar companies 4
Financial St at ement s 6
Annual Statements 6
Ratios 8
EMIS Credit Analyt ics 11

Summary 11
EMIS Financial Score 11
EMIS Benchmark Score 12
EMIS Credit Quota 13
EMIS Credit Analytics Assumptions 15
Disclaimer 16
Copyright © 2018 EMIS, all rights reserved. A Euromoney Institutional Investor company. Page 2 of 16
Company Tear Sheet - Contact Information

Full name : Argus Cosmetics Ltd. Le gal Addre ss
No 4, Seshadri Road, II Floor, Alwarpet Chennai; Tamil Nadu; India;

St at us: Non-Listed Map
Post al Code : 60 0 0 18
Le gal Form: Limited Liability Company T e l: 24997181
Ope rat ional St at us: Operational Email: guna@argus.in
EMISid: 3868648 We bsit e : http://www.argus.in

IN-CIN: U24246TN1988PLC0 16431
Incorporat ion Dat e : 1988
Company Tear Sheet - NAICS Industry Classification
Main Act ivit ie s: Soap, Cleaning Compound, and Toilet Preparation Manufacturing (3256)
Company Tear Sheet - Business description top
No data available
Company Tear Sheet - EMIS Financial Score
EMIS Financial Score

EMIS Financial Score was not affected by Conditions
Company Tear Sheet - Key Executives
Sadasivam Gunashe Director
Sadasivam Mohan Director
Sadasivam Shivaram Director
Sadasivam Somasunder Director
Company Tear Sheet - Ownership Details
Sadanam Pe rsonal Product s Lt d. 43.43%
Plus Pharma Pvt .Lt d. 8.33%
S Mohan 7.77%
Shivaram Sadasivam 7.51%
S S Sunde r 7.14%
S Gunashe kar 6.68%
Dhanalakshmi Sadasivam 3.58%
Cross Borde r Inve st me nt s (P) Lt d. 3.33%
M Sadasivam 2.13%
Chone Financial Se rvice s (P) Lt d. 1.67%
Padmavat hy Gunase kar 1.11%
Shushma S De sai 1.0 8%
Shashank N De sai 1.0 8%
Aust in Circuit e s Lt d. 1%
Kalpana Sunde r 0 .75%
Vasant hi Subramaniam 0 .67%
Sune e l H Ranade 0 .6%
Divya Lal Sakse na 0 .58%
Alok K Sakse na 0 .58%
Vijay N Paranjpe 0 .5%
S Vijayalakshmi 0 .27%
Balashanmugam 0 .0 7%
J ayant v Godbole 0 .0 7%
Kashi Vishwanat han 0 .0 5%
Ge e t a Viswanat han 0 .0 2%
Company Tear Sheet - Key Financial Highlights
FISCAL PERIOD Y-2013 INDIV. Y-2014 INDIV. Y-2015 INDIV.
Total operating revenue 767,70 0 796,20 0 748,30 0
Net sales revenue 744,70 0 762,10 0 735,10 0
Gross profit N/A N/A N/A
Gross Profit Margin N/A N/A N/A
Operating profit (EBIT) 13,0 0 0 -20 ,80 0 -1,40 0
Operating Profit (EBIT) Margin 1.75% -2.73% -0 .19%
EBITDA 15,0 0 0 -19,0 0 0 3,0 0 0
EBITDA Margin 2.0 1% -2.49% 0 .41%
Net Profit (Loss) for the Period 2,50 0 -31,30 0 -13,50 0
Return on Sales (ROS) 0 .34% -4.11% -1.84%
Total assets 347,50 0 30 2,0 0 0 355,10 0
Current assets 331,40 0 283,50 0 340 ,70 0
Total liabilities 269,80 0 248,30 0 336,30 0
Net Debt 88,40 0 10 1,20 0 83,60 0
Net cash flow from (used in) operating

0 N/A N/A
activities
Provider Dion Global Solutions Limited Dion Global Solutions Limited Dion Global Solutions Limited
Note: data in INR Thousands.
Company Tear Sheet - Similar companies
Soap, Cleaning Compound, and Toilet Preparat ion Manuf act uring
T OT AL OPERAT ING NET PROFIT RET URN ON RET URN ON PRICE PER EARNING PRICE
FISCAL
COMPANY OPERAT ING PROFIT (LOSS) FOR T HE ASSET S EQUIT Y EARNING PER REFERENCE
YEAR
REVENUE (EBIT ) PERIOD (ROA) (%) (ROE) (%) (%) SHARE DAT E
Hindustan Unilever
361,280 ,0 0 0 62,770 ,0 0 0 42,650 ,0 0 0 32.41 69.18 48.35 20 .68 20 18-0 2-0 6 20 17
Ltd.
Godrej Consumer
96,841,0 0 0 18,314,50 0 13,0 70 ,70 0 14.40 19.28 52.24 38.29 20 18-0 2-0 6 20 17
Products Ltd.
Marico Ltd. 60 ,332,30 0 11,662,80 0 8,119,70 0 22.80 28.81 N/A 6.19 20 18-0 2-0 6 20 17
Procter & Gamble

Home Products Pvt. 59,0 61,60 0 1,163,50 0 718,40 0 1.67 2.80 N/A 20 16
Ltd.
RSPL Ltd. 47,648,0 0 0 6,0 26,30 0 3,820 ,30 0 15.0 8 26.92 N/A 20 16
Colgate-Palmolive
39,886,10 9 8,198,912 5,774,324 24.85 45.33 47.0 3 21.23 20 18-0 2-0 6 20 17
India Ltd.
Wipro Enterprises
39,657,0 0 0 4,591,0 0 0 3,393,0 0 0 5.44 6.47 N/A 20 16
Ltd.
Emami Ltd. 25,636,90 0 4,816,30 0 3,40 0 ,10 0 15.0 1 20 .22 66.67 15.0 0 20 18-0 2-0 6 20 17
Procter & Gamble

Hygiene & 23,550 ,20 0 6,131,60 0 4,327,30 0 37.30 82.25 60 .36 133.31 20 18-0 2-0 6 20 17
Healthcare Ltd.
V V F Limited 19,245,650 689,940 426,380 3.58 6.91 N/A 20 16
Note: data in INR Thousands.
Financial Statements - Annual Statements - EMIS Global Template
REPORTING DETAILS
NAME 2013 2014 2015
Statement type Annual, Individual Annual, Individual Annual, Individual
Period end date 20 13-0 3-31 20 14-0 3-31 20 15-0 3-31
Provider INDIONUNFIN INDIONUNFIN INDIONUNFIN
Income Statement
NAME 2013 2014 2015
Exchange rat e use d f or curre ncy conve rsion (IFRS) 1.00 1.00 1.00
Total operating revenue 767,70 0 .0 0 796,20 0 .0 0 748,30 0 .0 0
Net sales revenue 744,70 0 .0 0 762,10 0 .0 0 735,10 0 .0 0
Administrative expenses -156,70 0 .0 0 -219,50 0 .0 0 -199,50 0 .0 0
Raw materials and consumables used -525,70 0 .0 0 -50 6,30 0 .0 0 -442,20 0 .0 0
Employee benefit expense -69,20 0 .0 0 -84,90 0 .0 0 -10 2,70 0 .0 0
Wages and salaries -69,20 0 .0 0 -84,90 0 .0 0 -10 2,70 0 .0 0
Advertising costs 0 .0 0 -4,60 0 .0 0 -90 0 .0 0
Other costs by nature -1,0 0 0 .0 0 0 .0 0 0 .0 0
Depreciation, amortization and impairment charges -2,0 0 0 .0 0 -1,80 0 .0 0 -4,40 0 .0 0
Net other operating result 22,90 0 .0 0 34,10 0 .0 0 13,20 0 .0 0
Other operating income 22,90 0 .0 0 34,10 0 .0 0 13,20 0 .0 0
Operating profit (EBIT) 13,0 0 0 .0 0 -20 ,80 0 .0 0 -1,40 0 .0 0
EBITDA 15,0 0 0 .0 0 -19,0 0 0 .0 0 3,0 0 0 .0 0
Financial result -9,90 0 .0 0 -10 ,20 0 .0 0 -10 ,50 0 .0 0
Finance costs -9,90 0 .0 0 -10 ,20 0 .0 0 -10 ,50 0 .0 0
Interest expense -9,90 0 .0 0 -10 ,20 0 .0 0 -10 ,50 0 .0 0
Profit before income tax 3,10 0 .0 0 -31,0 0 0 .0 0 -11,90 0 .0 0
Income tax -60 0 .0 0 -30 0 .0 0 -1,60 0 .0 0
Profit after income tax 2,50 0 .0 0 -31,30 0 .0 0 -13,50 0 .0 0
Net Profit (Loss) for the Period 2,50 0 .0 0 -31,30 0 .0 0 -13,50 0 .0 0
Balance Sheet
NAME 2013 2014 2015
Total assets 347,50 0 .0 0 30 2,0 0 0 .0 0 355,10 0 .0 0
Non-current assets 16,10 0 .0 0 18,50 0 .0 0 14,30 0 .0 0
Property, plant and equipment 16,10 0 .0 0 18,50 0 .0 0 14,30 0 .0 0
Current assets 331,40 0 .0 0 283,50 0 .0 0 340 ,70 0 .0 0
Inventories 33,0 0 0 .0 0 29,90 0 .0 0 18,20 0 .0 0
Other inventories 33,0 0 0 .0 0 29,90 0 .0 0 18,20 0 .0 0
Trade and other receivables 117,50 0 .0 0 48,60 0 .0 0 10 1,50 0 .0 0
Current trade receivables 117,50 0 .0 0 48,60 0 .0 0 10 1,50 0 .0 0
Cash and Cash Equivalents 23,50 0 .0 0 29,60 0 .0 0 36,50 0 .0 0
Cash at banks and on hand 23,50 0 .0 0 29,60 0 .0 0 36,50 0 .0 0
Other current assets 157,40 0 .0 0 175,40 0 .0 0 184,50 0 .0 0
Total equity and liabilities 347,50 0 .0 0 30 2,0 0 0 .0 0 355,10 0 .0 0
Total equity 77,70 0 .0 0 53,80 0 .0 0 40 ,30 0 .0 0
Equity attributable to owners of the parent 77,70 0 .0 0 53,80 0 .0 0 40 ,30 0 .0 0
Issued capital 43,50 0 .0 0 51,50 0 .0 0 51,50 0 .0 0
Ordinary shares 30 ,0 0 0 .0 0 30 ,0 0 0 .0 0 30 ,0 0 0 .0 0
Preferred shares 13,50 0 .0 0 21,50 0 .0 0 21,50 0 .0 0
Other reserves 34,20 0 .0 0 2,30 0 .0 0 -11,20 0 .0 0
Total liabilities 269,80 0 .0 0 248,30 0 .0 0 336,30 0 .0 0
Non-current liabilities 112,80 0 .0 0 132,0 0 0 .0 0 122,90 0 .0 0
Non-current loans and borrowings 111,90 0 .0 0 130 ,80 0 .0 0 120 ,10 0 .0 0
Provisions for other liabilities and charges 90 0 .0 0 1,20 0 .0 0 2,80 0 .0 0
Current liabilities 157,0 0 0 .0 0 116,30 0 .0 0 213,40 0 .0 0
Trade and other payables 93,90 0 .0 0 38,90 0 .0 0 148,90 0 .0 0
Provisions for other liabilities and charges 25,10 0 .0 0 25,20 0 .0 0 24,50 0 .0 0
Other current liabilities 38,0 0 0 .0 0 52,20 0 .0 0 40 ,0 0 0 .0 0
Cash Flow Statement
NAME 2013 2014 2015
Net profit -11,90 0 .0 0
Cash generated from operations 0 .0 0 0 .0 0 11,90 0 .0 0
Adjustments for: Other adjustments 0 .0 0 0 .0 0 11,90 0 .0 0
Net cash flow from (used in) financing activities 0 .0 0 -42,70 0 .0 0
Other financing activity cash flow 0 .0 0 -42,70 0 .0 0
Net increase (decrease) in cash and cash equivalents 0 .0 0 0 .0 0 6,90 0 .0 0
Cash at the beginning of the period 29,60 0 .0 0
Cash at the end of the period 36,50 0 .0 0
OTHER INFORMATION
NAME 2013 2014 2015
Statement type Annual, Individual Annual, Individual Annual, Individual
Begin date of reporting period 20 12-0 4-0 1 20 13-0 4-0 1 20 14-0 4-0 1
Period end date 20 13-0 3-31 20 14-0 3-31 20 15-0 3-31
Original units as reported INR Tens of Millions INR Tens of Millions INR Tens of Millions
Source Dion Dion Dion
Financial Statements - Ratios
REPORTING DETAILS
NAME 2010 2011 2013 2014 2015
Statement type Annual, Individual Annual, Individual Annual, Individual Annual, Individual Annual, Individual
Period end date 20 10 -0 3-31 20 11-0 3-31 20 13-0 3-31 20 14-0 3-31 20 15-0 3-31
Provider INDIONUNFIN INDIONUNFIN INDIONUNFIN INDIONUNFIN INDIONUNFIN
Ratios
NAME 2010 2011 2013 2014 2015
Exchange rat e use d f or curre ncy

1.00 1.00 1.00 1.00 1.00
conve rsion (IFRS)
Profitability
Return on Assets (ROA) 5.89% 4.89% 0 .72% -10 .36% -3.80 %
Annualised Return on Assets (ROA) 5.89% 4.89% 0 .72% -10 .36% -3.80 %
Return on Equity (ROE) 9.66% 9.85% 3.22% -58.18% -33.50 %
Annualised Return on Equity (ROE) 9.66% 9.85% 3.22% -58.18% -33.50 %
Return on Capital Employed 5.91% 4.91% 1.32% -16.96% -8.42%
Return on Sales (ROS) 1.93% 1.49% 0 .34% -4.11% -1.84%
Operating Profit (EBIT) Margin 5.72% 3.83% 1.75% -2.73% -0 .19%
EBITDA Margin 5.85% 4.0 2% 2.0 1% -2.49% 0 .41%
Operating ROA 17.48% 12.62% 3.74% -6.89% -0 .39%
Efficiency
Trade Receivable Turnover 4.26x 6.42x 6.34x 15.68x 7.24x
Current Asset Turnover 2.0 3x 2.47x 2.25x 2.69x 2.16x
Non-current Asset Turnover 64.10 x 57.56x 46.25x 41.19x 51.41x
Asset Turnover 3.0 6x 3.29x 2.14x 2.52x 2.0 7x
Working Capital Turnover 3.21x 3.49x 4.27x 4.56x 5.77x
Valuation Figures
Bookvalue -22,0 0 0 .0 0 -8,90 0 .0 0 64,20 0 .0 0 32,20 0 .0 0 -2,70 0 .0 0
Net Cash -123,80 0 .0 0 -146,80 0 .0 0 -246,30 0 .0 0 -218,70 0 .0 0 -299,80 0 .0 0
Net Debt 39,20 0 .0 0 71,0 0 0 .0 0 88,40 0 .0 0 10 1,20 0 .0 0 83,60 0 .0 0
Liquidity
Current Ratio 1.91 2.53 2.10 2.41 1.58
Quick Ratio 1.82 2.17 1.89 2.16 1.49
Doom's Day Ratio 0 .23 0 .35 0 .15 0 .25 0 .17
Leverage
Debt to Total Assets 38.68% 50 .0 8% 32.20 % 43.31% 33.82%
Debt to Equity 63.41% 10 0 .83% 144.0 2% 243.12% 298.0 1%
Cash Flow to Debt 0 .0 0 % 0 .0 0 % 0 .0 0 % 0 .0 0 % 5.75%
Leverage Ratio 1.64x 2.0 1x 4.47x 5.61x 8.81x
Growth Trend
Net Sales Revenue Trend 38.44% 2.34% -3.54%
Total Operating Revenue Trend 39.0 2% 3.71% -6.0 2%
EBITDA Trend -4.81% -226.67% -115.79%
Operating Income Trend -7.20 % -260 .0 0 % -93.27%
Net Income Trend 6.74% -1,352.0 0 % -56.87%
Accounts Receivable Trend -8.21% -58.64% 10 8.85%
Inventory Trend 237.50 % -9.39% -39.13%
Net Property, Plant and Equipment (PP&E)

54.17% 14.91% -22.70 %
Trend
Total Assets Trend 28.54% -13.0 9% 17.58%
Bookvalue Trend -59.55% -49.84% -10 8.39%
Shareholders' Equity Trend 4.67% -30 .76% -25.0 9%
Coverage Ratios
Interest Coverage Ratio 1.71x 1.99x 1.31x -2.0 4x -0 .13x
Performance
Operating Cash Flow to Revenue 0 .0 0 %
Operating Cash Flow to Assets 0 .0 0 %
Operating Cash Flow to Equity 0 .0 0 % 0 .0 0 % 0 .0 0 % 0 .0 0 % 0 .0 0 %
Operating Cash Flow to EBIT 0 .0 0 % 0 .0 0 % 0 .0 0 % 0 .0 0 % 0 .0 0 %
Common-size Ratios
Cash / Total Assets 12.72% 13.50 % 6.76% 9.80 % 10 .28%
Receivables / Total assets 71.79% 51.26% 33.81% 16.0 9% 28.58%
Inventories / Total Assets 5.30 % 13.91% 9.50 % 9.90 % 5.13%
Fixed Assets / Total Assets 4.77% 5.72% 4.63% 6.13% 4.0 3%
Current Liabilities / Total Liabilities 58.81% 43.53% 58.19% 46.84% 63.46%
Salaries and Employee Benefits / Net sales 5.53% 8.0 0 % 9.29% 11.14% 13.97%
Administrative Expenses / Net Sales 21.71% 20 .99% 21.0 4% 28.80 % 27.14%
Depreciation and Amortization / Net sales 0 .13% 0 .19% 0 .27% 0 .24% 0 .60 %
Interest paid / Net sales 3.34% 1.93% 1.33% 1.34% 1.43%
Income tax / Net sales 0 .46% 0 .42% 0 .0 8% 0 .0 4% 0 .22%
Operating Cash Flow to Total Cash Flow 0 .0 0 %
Investing Cash Flow to Total Cash Flow 0 .0 0 %
Financing Cash Flow to Total Cash Flow -618.84%
OTHER INFORMATION
NAME 2010 2011 2013 2014 2015
all rat ios calculat e d by e mis
Statement type Annual, Individual Annual, Individual Annual, Individual Annual, Individual Annual, Individual
Begin date of reporting period 20 0 9-0 4-0 1 20 10 -0 4-0 1 20 12-0 4-0 1 20 13-0 4-0 1 20 14-0 4-0 1
Period end date 20 10 -0 3-31 20 11-0 3-31 20 13-0 3-31 20 14-0 3-31 20 15-0 3-31
Original units as reported INR Tens of Millions INR Tens of Millions INR Tens of Millions INR Tens of Millions INR Tens of Millions
Source Dion Dion Dion Dion Dion
EMIS Credit Analytics - Summary

Fiscal year: 2015 Industry:
Companies in Industries: 80 Soap, Cleaning Compound, and T oilet Preparation Manufacturing

EMIS Benchmark Score EMIS T rend Score EMIS Credit Quota
D High Risk B Low Risk

0.75
This company is scored higher than Tens of Millions (INR)
P&L C
31.25
only 31.25% of companies in the
industry, which equates to D - High
Risk on the Business Scale. Balance Sheet B Expected
Participation in 15%
Cash Flow A Customer's Credit
Average Ranking: 56 in 80 companies Re marks: Re marks:
EMIS Trend Score is calculated based on the 2 Credit Quota Recommended was calculated
RELAT IVE RELAT IVE
latest annual company financial statements based on the industry average, customer type
ST RENGT HS WEAKNESSES
(customized) and Financial Score.
Sales Growth
EMIS Credit Analytics - EMIS Financial Score


Criteria Weight Score Final Score
I. EMIS Benchmark Score 50% 2.85 D High Risk
SIZ E RANKING SCORE GROWT H RANKING SCORE
Sales 44 46.25 Net Sales Growth Rate % 60 26.25
Assets 50 38.75 Inc. / Dec. in Assets 23 72.50
Profit 69 15.0 0 Inc. / Dec.in Net Income 59 27.50
Total Shareholders' Equity 69 15.0 0 Increase (Decrease) in Equity 72 11.25
Ave rage Size 58 28.7 5 Ave rage Growt h 54 34 .38
PROFIT ABILIT Y RANKING SCORE INDEBT EDNESS RANKING SCORE
Net Income / Net Sales 62 23.75 Indebtedness 39 52.50
Return On Assets 67 17.50 Leverage 69 15.0 0
Net Income / Net Worth 73 10 .0 0 Total Liabilities / Sales 28 66.25
Ave rage Prof it abilit y 67 17 .08 Ave rage Inde bt e dne ss 45 4 4 .58
EMIS Benchmark Score 31.25
II. EMIS Trend Score 50% 1.98 B Low Risk
Scoring Range: 1 - Improves, 2 - Maintains (According to the tolerance margin), 3 - Deteriorate
10 0 %
P&L 2015 T OT AL
Sales Growth 3 3
Operating Profit / Sales 1 1
Net Income / Sales 3 3
T ot al P&L 2.33 2.33
C Average risk
BALANCE 2015 T OT AL
Days Receivables 3 3
Days Inventory 1 1
Current Ratio 3 3
Indebtness (Total Assets/Total Liabilities) 1 1
Total Liabilities / Sales 2 2
T ot al Balance 2.00 2.00
B Low Risk
CASH FLOW 2015 T OT AL
Cash from Sales 3 3
Cash for Production 1 1
Cash for Operation 1 1
Net Operation Cash Generation (NOCG) 1 1
Free Cash Flow 1 1
Cash Flow After Financial Expenses 1 1
Cash Flow After Financial 1 1
Reduction in Debt 2 2
T ot al Cash Flow 1.30 1.30
A Very Low Risk
III. EMIS Financial Score 100% 2.4 2 C Average risk
Business Scale
E D C B A
A - Very Low Risk

B - Low Risk
C - Average risk
D - High Risk
E - Very High Risk
EMIS Credit Analytics - EMIS Benchmark Score

EMIS Benchmark Score

(Against Industry)
31.25
SIZ E RANKING SCORE GROWT H RANKING SCORE
Sales 44 46.25 Net Sales Growth Rate % 60 26.25
Assets 50 38.75 Inc. / Dec. in Assets 23 72.50
Profit 69 15.0 0 Inc. / Dec.in Net Income 59 27.50
Total Shareholders' Equity 69 15.0 0 Increase (Decrease) in Equity 72 11.25
Ave rage Size 58 28.7 5 Ave rage Growt h 54 34 .38
PROFIT ABILIT Y RANKING SCORE INDEBT EDNESS RANKING SCORE
Net Income / Net Sales 62 23.75 Indebtedness 39 52.50
Return On Assets 67 17.50 Leverage 69 15.0 0
Net Income / Net Worth 73 10 .0 0 Total Liabilities / Sales 28 66.25
Ave rage Prof it abilit y 67 17 .08 Ave rage Inde bt e dne ss 45 4 4 .58
Ave rage Ranking 56
EMIS Credit Analytics - EMIS Credit Quota

Key parameters af f ecting quota value
EMIS Credit Quota 0.75 Participation in credit Financial Score
(Score adjusted) Tens of Millions (INR)
15% C
COMPANY INDICAT ORS VALUE INDUST RY MULT IPLIERS % MAX CALCULAT ED CREDIT
Assets 35.51 Suppliers / Assets 20 .0 7% 7.13
Net Worth 4.0 3 Suppliers / Net worth 41.0 5% 1.65
Tangible Net Worth 4.0 3 Suppliers / Tangible Net Worth 41.52% 1.67
Net Sales 74.83 Suppliers / Net Sales 13.0 7% 9.78
Cost of Goods Sold 54.49 Suppliers / Cost of Goods Sold 23.11% 12.59
Operating Profit 1.35 Suppliers / Operating Profit 296.48% 4.0 0
Net Profit -1.35 Suppliers / Net Profit 139.52% 0 .0 0
SUPPLIERS 14 .89
Net Sales 74.83 Financial Liabilities / Net Sales 4.0 6% 3.0 4
Assets 35.51 Financial Liablities / Assets 6.24% 2.22
FINANCIAL LIABILIT IES 12.01
Operating Cycle 60 .85 Operating Cycle 8,189.0 4% 12.40
Suppliers Turnover 98.37 Suppliers Turnover 8,318.84% 12.59
AVERAGE CREDIT BASED ON INDUST RY: 6.7 1
Source: EMIS Company Database
Credit Quota Calculation:
AVERAGE CREDIT
(BASED ON INDUSTRY)
6.71 CALCULAT ED CREDIT
TENS OF MILLIONS (INR) (AVERAGE X PARTICIPATION)
X = 1.01
EXPECT ED PART ICIPAT ION TENS OF MILLIONS (INR)
CREDIT QUOT A
(IN CUSTOMER'S CREDIT) (ADJUSTED BY SCORE)
15% =
X 0.75
TENS OF MILLIONS (INR)
FINANCIAL SCORE QUOT A ADJ UST MENT S
= 0.75
C
Score Multipliers:
QUOT A ADJ UST MENT S ACCORDING T O T HE FINAL SCORE FINANCIAL SCALE MULT IPLIERS
Expanded Quota A 2
Normal Quota B 1
C 0 .75
Reduced Quota
D 0 .5
No Quota E 0
EMIS Credit Analytics - EMIS Credit Analytics Assumptions
Score Scale Risk Profile
Business Scale Medium Risk

Business Model has 5 risk categories: Medium Risk – for companies with standard risk.
A - Very Low Risk

B - Low Risk
C - Average risk
D - High Risk
E - Very High Risk
Vertical Weighting Financial Conditions
P&l % Condit ions Score
Sales Growth 12 Negative Net Income(Loss) C
Operating Profit 12 Negative Operating Profit C
Net Profit 12 Negative Net Worth E
Sub t ot al 36 Negative Operating Cash Generation C
Negative Cash Flow C

Balance
Negative Cash Flow after Financial Costs C
Days Receivables 10
Days Inventory 10
Final Weighting
Current Ratio 8
Indebtness 8
EMIS Benchmark Score 50%
Indebtedness/sales 8
EMIS Trend Score 50%
Balance Sub T ot al 44
Cash Flow
Cash From Sales 2
Cash For Production 2
Cash For Operations 2
Operating Cash Generation 5
Free Cash Flow 3
Cash Flow After Fin Ex 2
Cash Flow After Fin Result 2
Reduction In Debt 2
Cash Flow Sub T ot al 20
Total Vertical Weights 100%
Tolerance Margin 5%
Disclaimer
Whilst EMIS attempts at all times to ensure the accuracy and reliability of the information it provides, due to the vast quantity of processed data and the fact that some of
the third-party data cannot always be verified including information provided directly by the subject of the enquiry, EMIS does not guarantee the correctness or the
effective delivery of the information and shall not be held responsible for any errors or omissions therein.
The content and recommendations shall only be used as a reference in business decisions of EMIS clients and shall not be used for any other purposes. EMIS and its
affiliates shall not be held liable for any loss of the clients arising out of its own business decisions whether or not the making of such decision has been referred to this
content/recommendation.

ARGUS

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

ARGUS

Uploaded by

Copyright:

Available Formats

EMIS

6-8 Bouverie Street

Business Report Generated on 07 February 2018

ARGUS COSMETICS LTD.

Copyright © 20 18 EMIS, all rights reserved. A Euromoney Institutional Investor company.

Table of Cont ent s

NAICS Industry Classification 3

EMIS Financial Score 3

Key Financial Highlights 4

EMIS Credit Analyt ics 11

EMIS Financial Score 11

EMIS Benchmark Score 12

EMIS Credit Quota 13

EMIS Credit Analytics Assumptions 15

Company Tear Sheet - Contact Information

No 4, Seshadri Road, II Floor, Alwarpet Chennai; Tamil Nadu; India;

EMISid: 3868648 We bsit e : http://www.argus.in

Company Tear Sheet - NAICS Industry Classification

Company Tear Sheet - Business description top

Company Tear Sheet - EMIS Financial Score

EMIS Financial Score

Company Tear Sheet - Key Executives

Sadasivam Gunashe Director

Sadasivam Mohan Director

Sadasivam Shivaram Director

Sadasivam Somasunder Director

Company Tear Sheet - Ownership Details

Sadanam Pe rsonal Product s Lt d. 43.43%

Plus Pharma Pvt .Lt d. 8.33%

Shivaram Sadasivam 7.51%

S Gunashe kar 6.68%

Dhanalakshmi Sadasivam 3.58%

Cross Borde r Inve st me nt s (P) Lt d. 3.33%

Chone Financial Se rvice s (P) Lt d. 1.67%

Padmavat hy Gunase kar 1.11%

Shushma S De sai 1.0 8%

Shashank N De sai 1.0 8%

Kalpana Sunde r 0 .75%

Vasant hi Subramaniam 0 .67%

Sune e l H Ranade 0 .6%

Divya Lal Sakse na 0 .58%

Alok K Sakse na 0 .58%

Vijay N Paranjpe 0 .5%

Kashi Vishwanat han 0 .0 5%

Company Tear Sheet - Key Financial Highlights

FISCAL PERIOD Y-2013 INDIV. Y-2014 INDIV. Y-2015 INDIV.

Total operating revenue 767,70 0 796,20 0 748,30 0

Net sales revenue 744,70 0 762,10 0 735,10 0

Gross profit N/A N/A N/A

Gross Profit Margin N/A N/A N/A

Operating profit (EBIT) 13,0 0 0 -20 ,80 0 -1,40 0

Operating Profit (EBIT) Margin 1.75% -2.73% -0 .19%

EBITDA 15,0 0 0 -19,0 0 0 3,0 0 0

EBITDA Margin 2.0 1% -2.49% 0 .41%

Net Profit (Loss) for the Period 2,50 0 -31,30 0 -13,50 0

Return on Sales (ROS) 0 .34% -4.11% -1.84%

Total assets 347,50 0 30 2,0 0 0 355,10 0

Current assets 331,40 0 283,50 0 340 ,70 0

Total liabilities 269,80 0 248,30 0 336,30 0

Net Debt 88,40 0 10 1,20 0 83,60 0

Net cash flow from (used in) operating

Note: data in INR Thousands.

Company Tear Sheet - Similar companies

Procter & Gamble