Advance Multitech Limited - Due diligence report

A 360° intelligence report on Advance Multitech Limited: trust score, financial health, credit view, compliance, directors, growth and distr…

1979-04-16 Ahmedabad, Gujarat Active Listed Active Compliant
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Advance Multitech Limited — 360° Intelligence Report

Generated from MCA filings & public records
82/100
Trust Score
Low Risk

Advance Multitech Limited is assessed as Low Risk with a Trust Score of 82/100. Advance Multitech Limited is an active public limited indian non-government company incorporated in 1979, operating in the Manufacturing sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 24 Jul 2026 from the latest processed filings. Advance Multitech Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Neutral

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.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
82/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
53/100
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
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
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 access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

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: 4 open (13.91 cr) · 1 satisfied (30.00 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Oriental Bank Of Commerce2 48.0 cr
Others2 48.0 cr
Union Bank Of India1 48.0 cr
Compliance Score: 53/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: BSE.
  • Litigation present in 1 court forum(s).
  • 1 auditor resignation(s) filed - latest: ABHISHEK KUMAR & ASSOCIATES on 2018-05-05.
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
NIRALBHAI KALYANBHAI SODAVADIYA 01234567 Director 01/04/2018 6 yrs Approved
PULKIT GOENKA 01234567 Director 01/04/2018 6 yrs Approved
ARVIND VISHWANATH GOENKA 01234567 Director 01/04/2018 6 yrs Approved
Hiral Rajeshkumar Shah 01234567 Director 01/04/2018 6 yrs Approved
Ravindrakumar Laljibhai Mehta 01234567 Director 01/04/2018 6 yrs Approved
Govind Ganpatlal Shah 01234567 Director 01/04/2018 6 yrs Approved
Minaxi Govind Shah 01234567 Director 01/04/2018 6 yrs Approved
  • 7 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
-

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Key managerial personnel: PULKIT GOENKA (CFO) · ARVIND VISHWANATH GOENKA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 90
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
EPFO headcount growing - hiring signal.
Operating for 47+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (53/100).
4 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence73/100
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 assessment71/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 13.91 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view86/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
17 Oct 2025
Director appointed
Hiral Rajeshkumar Shah (Additional Director)
Director appointed
Ravindrakumar Laljibhai Mehta (Additional Director)
Director appointed
Govind Ganpatlal Shah (Additional Director)
Director appointed
Minaxi Govind Shah (Additional Director)
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
29 Sep 2024
Director ceased
NISHIT BHARATBHAI POPAT
Director ceased
Priyanka K Gola
30 Sep 2021
Director ceased
HIMANSHUBHAI SURENDRABHAI SHUKLA
30 Jun 2021
Director ceased
SHAILESHSINGH RAJPUT
20 Jun 2020
Charge created
Others - 59.75 Lakh
03 Apr 2020
Director ceased
SHAILESH DHRUV
30 Sep 2019
Director ceased
CHETAN POPATLAL PATEL
05 Aug 2019
Director ceased
OMPRAKASH RAMKISHAN JALAN
06 Jan 2019
Director ceased
ASHOKKUMAR VISHWANATH GOENKA
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
7 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Lucaso Ceramic Private Limited U26960GJ2014PTC079182 Morbi, Gujarat, India
R.Madhu Impex Private Limited U51909TN2016PTC112801 Chennai, Tamil Nadu, India
Flacon Preforms Private Limited U25209TN2019PTC129319 Madurai, Tamil Nadu, India
Eps Polymers Private Limited U24139DL2019PTC350479 Delhi, Delhi, India
Livecity Ceramic Private Limited U26933GJ2013PTC076136 Rangpar, Gujarat, India
Sri Vasavi Pigments Private Limited U29259PY1996PTC001196 Yanam, Pondicherry, India
Kolon Enp India Private Limited U51909TN2021FTC141375 Chennai, Tamil Nadu, India
Jvm Polyplast Private Limited U25190GJ2016PTC091608 Rajkot, Gujarat, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Advance Multitech Limited before audits and certifications: compliance score 53/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Advance Multitech Limited: 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 80/100, margin trends, ownership structure and peer set for Advance Multitech Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 82/100, distress signals and MSME payment-delay disclosures - know whether Advance Multitech Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Advance Multitech Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Advance Multitech Limited an active company?

Advance Multitech Limited has MCA status “Active” with a compliance score of 53/100 (Moderate).

Is Advance Multitech Limited financially healthy?

Advance Multitech Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Advance Multitech Limited?

Its overall Trust Score is 82/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Advance Multitech Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 7 active director(s) are on record.

Does Advance Multitech Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.

Is Advance Multitech Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 53/100 (Moderate).

Is it risky to lend to Advance Multitech Limited?

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.