Altmat Private Limited - Due diligence report

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

2019-12-19 Ahmedabad, Gujarat Active Unlisted
AP Altmat 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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Altmat — 360° Intelligence Report

Generated from MCA filings & public records
88/100
Trust Score
Low Risk

Altmat is assessed as Low Risk with a Trust Score of 88/100. Altmat is an active private limited indian non-government company incorporated in 2019, operating in the Manufacturing 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 low compliance risk and low financial risk profile.

Report generated on 20 Jul 2026 from the latest processed filings. Altmat Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong 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
88/100
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
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
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
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 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: 50/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Elevated gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

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
HARDIK RAJIV NYATI 01234567 Director 01/04/2018 6 yrs Approved
PAYAL MALIWAL 01234567 Director 01/04/2018 6 yrs Approved
SHIKHA SHAH VISNUBHAI 01234567 Director 01/04/2018 6 yrs Approved
Shikha Vishnubhai Shah 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
06

Ownership & Group Intelligence

As per FY 2022 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
5 allotment(s) · 0 transfer(s)

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

Key managerial personnel: SHIKHA SHAH VISNUBHAI (CEO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 2 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Asset base grew 61% - capacity expansion.
Net margin improved to 38%.
Operating for 6 years.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 1.42 in a year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence90/100
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 assessment72/100
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 view88/100
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.
09

MCA Filings & Events Timeline

Latest 12 events
27 Sep 2025
Last AGM held
Annual general meeting
08 Jun 2025
Director appointed
Shikha Vishnubhai Shah (Ceo)
31 Mar 2025
Latest balance sheet
Filed with ROC
26 Sep 2024
Director appointed
SHIKHA SHAH VISNUBHAI (CEO)
22 May 2024
Director appointed
HARDIK RAJIV NYATI (Director)
18 Aug 2020
Securities allotted
90000 Equity Shares - 9.00 Lakh raised
11 Mar 2020
Securities allotted
150000 Equity Shares - 15.00 Lakh raised
Securities allotted
60000 Equity Shares - 6.00 Lakh raised
15 Feb 2020
Securities allotted
36000 Equity Shares - 3.60 Lakh raised
Securities allotted
144000 Equity Shares - 14.40 Lakh raised
19 Dec 2019
Incorporated
Registered with Roc Ahmedabad
Director appointed
PAYAL MALIWAL (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 2 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Rfm Service Private Limited U85110MP2009PTC022188 Huzur, Madhya Pradesh, India
Shree Sai Agro Bio Plantech Private Limited U01409RJ2019PTC064838 Jaipur, Rajasthan, India
Anogen Pharma Private Limited U74999DL2017PTC326859 New Delhi, Delhi, India
Ankurita Tradefin Pvt Ltd U67120RJ1995PTC009669 Bikaner, Rajasthan, India
Sri Hanuman Commodity And Securities Private Limited U67120WB2000PTC091364 Kolkata, West Bengal, India
Kalyani Suppliers Private Limited U51909WB2009PTC137442 Kolkata, West Bengal, India
Dalfa Labs Private Limited U51909DL2018PTC342631 Delhi, Delhi, India
Alfa Kitchen Equipments Private Limited U51909MH2016PTC285470 Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Altmat 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 Altmat: 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 50/100, 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 Altmat - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 88/100, distress signals and MSME payment-delay disclosures - know whether Altmat 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 Altmat - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Altmat an active company?

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

Is Altmat financially healthy?

Altmat has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Altmat?

Its overall Trust Score is 88/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Altmat?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Altmat have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Altmat 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 Altmat?

Its Credit Risk Score is 50/100 (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.