CMA Data Certification

( for Bank Finance / Credit Facility)

To Whomsoever It May Concern

This is to certify that I/We have examined the books of accounts, financial statements, income tax returns, GST returns, bank statements, and other relevant records of Mr./Ms./M/s ___________________________ (hereinafter referred to as “the Borrower”), having PAN: ________________, and address at ____________________________________________.

Based on the verification of records and information furnished, we hereby certify that the CMA (Credit Monitoring Arrangement) data submitted for bank financing purposes has been prepared on the basis of actual financials and reasonable projections.

1. Historical Financial Data (Audited / Actuals)

Profit & Loss Summary

Particulars	Year 1 (₹)	Year 2 (₹)	Year 3 (₹)
Sales / Income	__________	__________	__________
EBITDA / Operating Profit	__________	__________	__________
Net Profit after Tax	__________	__________	__________

 

Balance Sheet Summary

Particulars	Year 1 (₹)	Year 2 (₹)	Year 3 (₹)
Total Assets	__________	__________	__________
Total Liabilities	__________	__________	__________
Net Worth	__________	__________	__________

 

2. Projected Financials (If Applicable)

Particulars	Year 4 (₹)	Year 5 (₹)
Projected Sales	__________	__________
Projected EBITDA	__________	__________
Projected Net Profit	__________	__________

 

3. Working Capital Assessment (If applicable)

• Current Assets considered: ₹ __________
• Current Liabilities considered: ₹ __________
• Net Working Capital: ₹ __________

4. Key Ratios (As per CMA Data)

• Current Ratio: ________
• Debt-Equity Ratio: ________
• Interest Coverage Ratio: ________
• DSCR (Debt Service Coverage Ratio): ________

5. Verification Statement

We further certify that:

• The CMA data has been prepared based on books of accounts, audited financial statements (if available), and management-provided projections.
• Reasonable assumptions have been used for projections, which appear to be in line with past performance and industry trends.
• We have verified the arithmetic accuracy of the CMA statements submitted.
• No independent valuation or assurance on future performance is provided.

6. Purpose of Certificate

This certificate is issued at the specific request of the borrower for submission to Bank / Financial Institution for the purpose of Loan / Cash Credit / Overdraft / Working Capital Assessment / Term Loan Processing and should not be used for any other purpose without prior written consent.

7. Limitation

This certificate does not constitute an audit opinion or assurance engagement under Standards on Auditing or ICAI guidelines. We do not accept responsibility for future financial performance or deviations from projections.

 

Place: __________
Date: __________

 

For (Name of CA Firm / Chartered Accountant)

(Signature)

CA Name: ___________________________
Membership No.: _____________________
FRN (if firm): _______________________
UDIN: _______________________________
Seal: ________________________________

 

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