NAADIनाड़ी
MSME-2406T2 GST + partial rails

Kaveri Agri Tools

Agri Equipment · Agri Inputs · Coimbatore, TN · 9 yrs · 5 on payroll

“Solid monsoon-cycle business: strong seasons, thin off-seasons. Needs a working-capital line shaped to the crop calendar.”

Proprietor
K. Murugan
Monthly turnover (6-mo avg)
₹26,05,544
beats 54% of Agri Inputs peers47th percentile, all MSMEs
300400500600700800900
300± 25
CPD 12m · 6.5%
Munshi recommends
Refer
₹33 L
working-capital line · ₹32,80,000
Tenor
18 mo
Rate
13.0%
EMI room
₹2.5 L
verified monthly surplus ₹6,29,213
⚖ Liquidity floor: buffer < 15 days — limit reduced 20%

The NAADI six — dimension radar

L · Liquidity+6.3
54 /100

Can the business absorb a shock this month?

S · Stability-9.7
15 /100

How steady is the cash engine?

G · Growth-2.9
47 /100

Which direction is the business moving?

R · Repayment+1.6
90 /100

Does it honour its obligations?

C · Compliance+6.6
46 /100

Is the regulatory house in order?

K · Concentration-7.6
74 /100

How fragile is the revenue base?

Score trajectory — 12-month rolling rescore

▼ 1 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

₹32 L

UPI inflow · 24 mo

₹13 L

Account balance · 24 mo

₹1.7 L

Score, assembled — the waterfall

base 627 + six dimensions = 621
Peer base
627
Compliance
+7
Liquidity
+6
Repayment
+2
Stability
-10
Concentration
-8
Growth
-3
NAADI score
621

Reason codes — why this score

TreeSHAP · score points
RC-C05
Compliance — EPFO deposit regularity of 81%; worst GSTR-3B filing delay of 4 days
+6.6
RC-L01
Liquidity — cash buffer of 2 days of outflow; worst-decile balance at 3% of monthly outflow
+6.3
RC-R04
Repayment — 0 EMI/NACH bounce(s) in 12 months; existing obligations at 5.8% of turnover
+1.6
RC-S02
Stability — seasonal swing of 92% around mean revenue; turnover volatility of 26%
-9.7
RC-K06
Concentration — refund/reversal rate of 1.1%; payer concentration (HHI) of 0.08
-7.6
RC-G03
Growth — payroll wage growth of +3.8%; 12-month turnover trend of +4.3%/month
-2.9

Officer review — the human decides

demo-local audit

Munshi recommends Refer to credit committee. Every NAADI decision terminates at a human gate.

Stress lab

rescored, not guessed
Revenue shock −20% for two quarters621 C±0
Anchor payer delays receipts by 60 days599 C-22

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+3 pts → 624

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 delay0.3 days
EMI/NACH bounces (12m)0 count
Top-payer share21%
Cash buffer2 days
current score
621
touch a lever to project

Underwriting memo — drafted by Munshi

LLM writes prose · engine writes numbers

Underwriting Memo — Kaveri Agri Tools

Agri Inputs · Coimbatore, TN · 9 yrs vintage · Data tier T2 · Proprietor: K. Murugan

NAADI Score: 621 ± 25 (Grade C) · PD(12m) 6.5% · Refer: mitigants / secured variant

Recommendation: Refer to credit committee

Working-capital line of ₹3,280,000 over 18 months at an indicative 13.0% p.a. Serviceable EMI ₹251,685 against a verified monthly surplus of ₹629,213.

Why (evidence-linked)

  • +6.6 pts · Compliance — EPFO deposit regularity of 81%; worst GSTR-3B filing delay of 4 days [RC-C05]
  • +6.3 pts · Liquidity — cash buffer of 2 days of outflow; worst-decile balance at 3% of monthly outflow [RC-L01]
  • +1.6 pts · Repayment — 0 EMI/NACH bounce(s) in 12 months; existing obligations at 5.8% of turnover [RC-R04]
  • -9.7 pts · Stability — seasonal swing of 92% around mean revenue; turnover volatility of 26% [RC-S02]
  • -7.6 pts · Concentration — refund/reversal rate of 1.1%; payer concentration (HHI) of 0.08 [RC-K06]
  • -2.9 pts · Growth — payroll wage growth of +3.8%; 12-month turnover trend of +4.3%/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.