Promoter holding
64.27%
AS
Aartech Solonics Limited - Due diligence report
A 360° intelligence report on Aartechsolonics: trust score, financial health, credit view, compliance, directors, growth and distress signal…
Aartechsolonics — 360° Intelligence Report
Generated from MCA filings & public records81/100
Trust Score
Low Risk
Aartechsolonics is assessed as Low Risk with a Trust Score of 81/100. Aartechsolonics is an active public limited indian non-government company incorporated in 1982, operating in the Consumer Electronics & Durables sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.
Report generated on 19 Jun 2026 from the latest processed filings. Aartech Solonics Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
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Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
81/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
48/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
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Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 65/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 2 open (16.50 cr) · 6 satisfied (10.33 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Hdfc Bank Limited | 2 | 48.0 cr |
| Dena Bank | 1 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| Punjab National Bank | 2 | 48.0 cr |
| M. P. Financial Corpn. | 1 | 48.0 cr |
| M. P. Financial Corporation | 1 | 48.0 cr |
Compliance Score: 48/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: BSE.
- Litigation present in 2 court forum(s).
- Delayed payments to MSME suppliers disclosed (51 disclosure(s)).
- 2 active GST registration(s).
Legal cases on record (2)
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Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| AMIT ANIL RAJE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUPRIYA SUNIL CHITRE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ARATI NATH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PRADEEP VASANT NARKHEDE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KSHITIJ NEGI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANIL ANANT RAJE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PRASHANT DATTATRAY LOWLEKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Khamam Rammurti Tanuj Reddy | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Arati Nath | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
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Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
2
Group entities
3
Capital events
7 allotment(s) · 4 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Aic- Aartech Solonics Private Limited | Subsidiary Company | 74.00% |
| Faradigm Ultracapacitors Private Limited | Subsidiary Company | 74.00% |
| Enerqual Technology Private Limited | Associate Company | 74.00% |
Key managerial personnel: AMIT ANIL RAJE (Managing Director) · PRADEEP VASANT NARKHEDE (CFO)
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 95 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Net margin improved to 61%.
EPFO headcount growing - hiring signal.
Operating for 43+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (48/100).
2 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 3.05 cr.
2 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence70/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment70/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 16.50 cr already registered.
- Compliance gaps should be priced into terms.
Investor view92/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 5 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
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MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
18 Jun 2023
Director ceased
SUPRIYA SUNIL CHITRE
23 Mar 2023
Director appointed
SUPRIYA SUNIL CHITRE (Director)
29 Sep 2021
Director ceased
KSHITIJ NEGI
08 Feb 2021
Director appointed
KSHITIJ NEGI (Director)
31 Dec 2020
Director ceased
RAVINDRA KUMAR SHINGWEKAR
24 Sep 2020
Director ceased
ARATI NATH
12 May 2020
Director appointed
ARATI NATH (Director)
Director appointed
PRADEEP VASANT NARKHEDE (CFO)
Director appointed
Arati Nath (Ceo)
Director ceased
AMIT ANIL RAJE
Director ceased
ANIL ANANT RAJE
23 Mar 2019
Securities allotted
2120000 Equity Shares - 7.21 cr raised
08 Jun 2018
Director appointed
Khamam Rammurti Tanuj Reddy (Company Secretary)
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Key Observations
Auto-generated from the data aboveRevenue grew 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - manageable leverage.
Net worth is positive.
9 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 2 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
3 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Rudra Blades & Edges Private Limited | U24246TN1990PTC019685 | Chennai, Tamil Nadu, India |
| Kamal Shaft Private Limited | U29220GJ2014PTC078728 | Ahmedabad, Gujarat, India |
| Kirpekar Engineering | U32103PN1994PTC084057 | Pune, Maharashtra, India |
| Jjg Machining Private Limited | U74110KA1991PTC012263 | Anekal, Karnataka, India |
| V & M Toolings Private Limited | U29220PN2007PTC130060 | Kagal, Maharashtra, India |
| Instapower Limited | U74899DL1986PLC025082 | New Delhi, Delhi, India |
| Saveta Engineering Co Pvt Ltd | U29211MH1970PTC014912 | Sangli, Maharashtra, India |
| Urban Engineering Association Private Limited | U29299WB1975PTC030260 | Kolkata, West Bengal, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Aartechsolonics before audits and certifications: compliance score 48/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Aartechsolonics: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Aartechsolonics - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 81/100, distress signals and MSME payment-delay disclosures - know whether Aartechsolonics pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Aartechsolonics - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Aartechsolonics an active company?
Aartechsolonics has MCA status “Active” with a compliance score of 48/100 (Caution Indicated).
Is Aartechsolonics financially healthy?
Aartechsolonics has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Aartechsolonics?
Its overall Trust Score is 81/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Aartechsolonics?
Promoters hold a majority stake - exact percentages are in the full report. 9 active director(s) are on record.
Does Aartechsolonics have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 6 earlier charge(s) stand satisfied.
Is Aartechsolonics up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 48/100 (Caution Indicated).
Is it risky to lend to Aartechsolonics?
Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
