Advik Auto Private Limited - Due diligence report

A 360° intelligence report on Hanonsystems: trust score, financial health, credit view, compliance, directors, growth and distress signals -…

2009-02-24 Anekal Taluk Bangalore, Karnataka Active Unlisted Active Compliant
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AA Advik Auto Private Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Hanonsystems — 360° Intelligence Report

Generated from MCA filings & public records
94/100
Trust Score
Low Risk

Hanonsystems is assessed as Low Risk with a Trust Score of 94/100. Hanonsystems is an active private limited indian non-government company incorporated in 2009, operating in the Machinery and Equipment sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Advik Auto Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

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
94/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
90/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
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.

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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: 90/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 2 satisfied (3.07 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Canara Bank2 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
ADITYA BHARTIA 01234567 Director 01/04/2018 6 yrs Approved
PREM PRAKASH GAJPAL 01234567 Director 01/04/2018 6 yrs Approved
Bhakti Ravindra Chincholkar 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 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
Advik Hi-tech Private Limited
Subsidiaries
-
Group entities
-
Capital events
10 allotment(s) · 1 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Advik Hi-tech Private Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 80
Growth signals & trust indicators
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 17+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 61% in a year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence92/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment92/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view83/100
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
27 Sep 2025
Last AGM held
Annual general meeting
31 Jul 2025
Director appointed
Bhakti Ravindra Chincholkar (Company Secretary)
31 Mar 2025
Latest balance sheet
Filed with ROC
09 Apr 2021
Director ceased
ADITYA BHARTIA
Director ceased
PREM PRAKASH GAJPAL
26 Feb 2021
Director appointed
ADITYA BHARTIA (Director)
Director appointed
PREM PRAKASH GAJPAL (Director)
Director ceased
MURALI VAIDYANATHAN
31 Aug 2020
Director ceased
SWAMINATHAN BALASUBRAMANIAN
31 Mar 2019
Share transfer (FY 2019)
1.00000000 shares to Hanon Systems EFP Corporation
29 Mar 2019
Director ceased
KAUSHALENDRA VERMA
13 Sep 2018
Director ceased
FRANZ JAMMERNEGG
30 Sep 2017
Director ceased
ORSCHIEDT MATHIAS
13 Feb 2017
Charge satisfied
Canara Bank
30 Jun 2016
Director ceased
HARALD NIPPEL
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 2 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling 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 10 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Milestones Switchgears Private Limited U74899DL1992PTC048298 New Delhi, Delhi, India
Technocrats Security Systems Private Limited U28993MH2000PTC124321 Mumbai, Maharashtra, India
Ambit Switchgear India Private Limited U31904DL2022PTC400066 Delhi, Delhi, India
Hiteco Tool Management Services India Private Limited U34300TN2008PTC066991 Chennai, Tamil Nadu, India
Kehems Technologies U40106MP1993PTC007748 Indore, Madhya Pradesh, India
Jupiter Comtex Private Limited U29190GJ2007PTC052347 Ahmedabad, Gujarat, India
Cpc Oilfield Private Limited U74999UR2011PTC000027 Dehradun, Uttarakhand, India
Cruze Water Tech Private Limited U29253GJ2015PTC082136 Ahmedabad, Gujarat, India
12

Who Uses This Report

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

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

Company Secretaries (CS)

Track statutory health of Hanonsystems: 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 90/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Hanonsystems - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 94/100, distress signals and MSME payment-delay disclosures - know whether Hanonsystems pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Hanonsystems - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Hanonsystems an active company?

Hanonsystems has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Hanonsystems financially healthy?

Hanonsystems has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Hanonsystems?

Its overall Trust Score is 94/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Hanonsystems?

The ultimate holding entity is Advik Hi-tech Private Limited. 3 active director(s) are on record.

Does Hanonsystems have loans or charges against its assets?

No open charges - all 2 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Hanonsystems up to date with its ROC filings?

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

Is it risky to lend to Hanonsystems?

Its Credit Risk Score is 90/100 (Low Risk). 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.