NAADIनाड़ी
MSME-2405T3 GST · UPI · AA · EPFO

Shree Balaji Pharma Distributors

Pharma Distributor · Pharma Trade · Nagpur, MH · 18 yrs · 12 on payroll

“Two decades of metronome-steady distribution. Flawless GST record, diversified chemist network. The benchmark book.”

Proprietor
Suresh Balaji
Monthly turnover (6-mo avg)
₹50,86,793
beats 82% of Pharma Trade peers89th percentile, all MSMEs
300400500600700800900
300± 15
A+PD 12m · 0.0%
Munshi recommends
Approve
₹1.3 Cr
working-capital line · ₹1,29,30,000
Tenor
36 mo
Rate
10.5%
EMI room
₹5.3 L
verified monthly surplus ₹9,55,252
⚖ Liquidity floor: buffer < 15 days — limit reduced 20%

The NAADI six — dimension radar

L · Liquidity+30.3
91 /100

Can the business absorb a shock this month?

S · Stability+39.3
95 /100

How steady is the cash engine?

G · Growth+34.6
97 /100

Which direction is the business moving?

R · Repayment
95 /100

Does it honour its obligations?

C · Compliance+46.8
65 /100

Is the regulatory house in order?

K · Concentration+26.3
86 /100

How fragile is the revenue base?

Score trajectory — 12-month rolling rescore

▲ 32 pts over 12 mo

Each point is the score NAADI would have produced with only the data visible that month — deterioration surfaces quarters before a default.

GST turnover · 24 mo

₹56 L

UPI inflow · 24 mo

₹15 L

Account balance · 24 mo

₹6.9 L

Score, assembled — the waterfall

base 628 + six dimensions = 805
Peer base
628
Compliance
+47
Stability
+39
Growth
+35
Liquidity
+30
Concentration
+26
NAADI score
805

Reason codes — why this score

TreeSHAP · score points
RC-C05
Compliance — EPFO deposit regularity of 86%; worst GSTR-3B filing delay of 0 days
+46.8
RC-S02
Stability — seasonal swing of 49% around mean revenue; turnover volatility of 11%
+39.3
RC-G03
Growth — payroll wage growth of +11.5%; new-customer acquisition at 19.6%/month
+34.6
RC-L01
Liquidity — worst-decile balance at 7% of monthly outflow; cash buffer of 3 days of outflow
+30.3
RC-K06
Concentration — refund/reversal rate of 0.0%; top-3 payers at 53% of revenue
+26.3

Officer review — the human decides

demo-local audit

Munshi recommends Approve. Every NAADI decision terminates at a human gate.

Stress lab

rescored, not guessed
Revenue shock −20% for two quarters780 A-25
Anchor payer delays receipts by 60 days760 A-45

What-if — the path to a better score

Counterfactuals over actionable levers only. Shown to the borrower — a decline is never a dead end.

Hold a 30-day cash buffer in the current account+4 pts → 809

Early-warning triggers armed

  • ● 3-month turnover drawdown > 25% vs trailing average
  • ● Two consecutive delayed GSTR-3B filings
  • ● End-of-day negative balance on > 5 days in any month

Sensitivity lab — drag a lever, the brain answers

1-D partial dependence · precomputed through the trained model · one lever at a time
GSTR-3B filing delay0 days
EMI/NACH bounces (12m)0 count
Top-payer share34%
Cash buffer3.2 days
current score
805
touch a lever to project

Underwriting memo — drafted by Munshi

LLM writes prose · engine writes numbers

Underwriting Memo — Shree Balaji Pharma Distributors

Pharma Trade · Nagpur, MH · 18 yrs vintage · Data tier T3 · Proprietor: Suresh Balaji

NAADI Score: 805 ± 15 (Grade A+) · PD(12m) 0.0% · Pre-approved offers

Recommendation: Approve

Working-capital line of ₹12,930,000 over 36 months at an indicative 10.5% p.a. Serviceable EMI ₹525,388 against a verified monthly surplus of ₹955,252.

Why (evidence-linked)

  • +46.8 pts · Compliance — EPFO deposit regularity of 86%; worst GSTR-3B filing delay of 0 days [RC-C05]
  • +39.3 pts · Stability — seasonal swing of 49% around mean revenue; turnover volatility of 11% [RC-S02]
  • +34.6 pts · Growth — payroll wage growth of +11.5%; new-customer acquisition at 19.6%/month [RC-G03]

Policy guards applied

  • Liquidity floor: buffer < 15 days — limit reduced 20%

Covenants

  • Maintain minimum average balance of 15 days' outflow
  • File GSTR-3B on or before due date throughout the loan tenor
  • Route >= 60% of business receipts through the IDBI current account

Early-warning triggers

  • 3-month turnover drawdown > 25% vs trailing average
  • Two consecutive delayed GSTR-3B filings
  • End-of-day negative balance on > 5 days in any month

Prepared by Munshi. Every figure traces to a consented data rail; final authority rests with the sanctioning officer.