Andhra Pradesh Handicrafts Development Corporation Ltd - Due diligence report

A 360° intelligence report on Andhra Pradesh Handicrafts Development Corporation Ltd: trust score, financial health, credit view, compliance…

1981-11-10 Vijayawada, Andhra Pradesh Active Unlisted Active Non-Compliant
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Andhra Pradesh Handicrafts Development Corporation Ltd — 360° Intelligence Report

Generated from MCA filings & public records
60/100
Trust Score
Moderate

Andhra Pradesh Handicrafts Development Corporation Ltd is assessed as Moderate with a Trust Score of 60/100. Andhra Pradesh Handicrafts Development Corporation Ltd is an active public limited state government company incorporated in 1981, operating in the Home & Lifestyle sector. Processed financial statements are not yet available for trend analysis. Based on MCA filings and public records, it currently shows a high compliance risk and an unassessed financial risk profile.

Report generated on 29 Jun 2026 from the latest processed filings. Andhra Pradesh Handicrafts Development Corporation Ltd snapshot & full profile →

Financial Health › No Data
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Weak

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 ScoreModerate
60/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
41/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreNo Data
N/A
No processed financial statements available yet.
Credit Risk ScoreNo Data
N/A
Financial statements needed for a credit view.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreNo Data
N/A
Needs at least two filed years to measure growth.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

No processed financials
Financial statements are not yet processed for this company. Trend analysis will appear once filings are available.
04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: N/A No Data
  • Financial statements needed for a credit view.

Charges position: 2 open (85.00 Lakh) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Andhra Bank1 48.0 cr
Syndicate Bank1 48.0 cr
Compliance Score: 41/100 Caution Indicated
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2019 - filings overdue.
  • Litigation present in 2 court forum(s).
  • 6 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
PATNANA SUDHAKAR 01234567 Director 01/04/2018 6 yrs Approved
GODDETI BALAKRISHNA 01234567 Director 01/04/2018 6 yrs Approved
PALI SATYANARAYANA VARA PRASAD 01234567 Director 01/04/2018 6 yrs Approved
VATTIKUTI RAO HARSHA VARDHANA 01234567 Director 01/04/2018 6 yrs Approved
HIMANSHU SHUKLA 01234567 Director 01/04/2018 6 yrs Approved
TIRUMALA RAO IPPILI 01234567 Director 01/04/2018 6 yrs Approved
PARAMESWARAIAH MALLIKARJUNAIAH 01234567 Director 01/04/2018 6 yrs Approved
GODUGULA GANGARAJU 01234567 Director 01/04/2018 6 yrs Approved
DURGA SAHU PRASAD 01234567 Director 01/04/2018 6 yrs Approved
Manoharan Vishwa 01234567 Director 01/04/2018 6 yrs Approved
Athkuri Ramalingeswara Raju 01234567 Director 01/04/2018 6 yrs Approved
  • 11 directors on the board.
  • PATNANA SUDHAKAR has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2019)
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 2019 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 a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: HIMANSHU SHUKLA (Managing Director) · Manoharan Vishwa (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth N/A · Distress 80
Growth signals & trust indicators
Operating for 44+ years.
Active GST registration(s).
Financials unavailable - score leans on compliance and governance signals.
Distress signals & risk flags
Statutory filings appear overdue.
Compliance score is weak (41/100).
2 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence58/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • No financials on record - ask for audited statements.
Banker assessment28/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • No filed financials - rely on banking statements and GST data.
  • 2 open charge(s) of 85.00 Lakh already registered.
  • Compliance gaps should be priced into terms.
Investor view40/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Request management accounts - public filings insufficient.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
04 Nov 2024
Director appointed
Manoharan Vishwa (Managing Director)
25 Oct 2024
Director ceased
MEDA BALA SUBRAMANYAM REDDY
04 Apr 2023
Director appointed
Athkuri Ramalingeswara Raju (Director)
30 Sep 2019
Last AGM held
Annual general meeting
31 Jul 2019
Director appointed
HIMANSHU SHUKLA (Managing Director)
30 Apr 2019
Director ceased
VENKATESWARLU MADDUKURI
31 Mar 2019
Latest balance sheet
Filed with ROC
24 Jan 2019
Director appointed
PATNANA SUDHAKAR (Director)
29 May 2018
Director ceased
SRINIVAS SRINARESH IRRINKI
30 Apr 2018
Director ceased
MANNE USHA RANI
18 Jan 2018
Director ceased
VENKATA SATYA KAMESWARA SANYASI PAPARAO KOTAMARTHI
21 Sep 2017
Director appointed
DURGA SAHU PRASAD (Director)
19 Sep 2017
Director ceased
VELLALA RADHA KRISHNA
23 Mar 2017
Director ceased
SURESH BABU BAYYAVARAPU
15 Dec 2016
Director appointed
GODDETI BALAKRISHNA (Director)
10

Key Observations

Auto-generated from the data above
11 active director(s) / partner(s); review board churn before relying on management continuity.
6 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2019 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 →
Peer companies will appear here as our matching engine processes this industry.
12

Who Uses This Report

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

Verify Andhra Pradesh Handicrafts Development Corporation Ltd before audits and certifications: compliance score 41/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Andhra Pradesh Handicrafts Development Corporation Ltd: 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: Enhanced diligence advised. Credit risk score pending financials, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score n/a, margin trends, ownership structure and peer set for Andhra Pradesh Handicrafts Development Corporation Ltd - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 60/100, distress signals and MSME payment-delay disclosures - know whether Andhra Pradesh Handicrafts Development Corporation Ltd 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 Andhra Pradesh Handicrafts Development Corporation Ltd - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Andhra Pradesh Handicrafts Development Corporation Ltd an active company?

Andhra Pradesh Handicrafts Development Corporation Ltd has MCA status “Active” with a compliance score of 41/100 (Caution Indicated).

Is Andhra Pradesh Handicrafts Development Corporation Ltd financially healthy?

Processed financial statements are not yet available for Andhra Pradesh Handicrafts Development Corporation Ltd, so its financial health is unassessed.

Should I do business with Andhra Pradesh Handicrafts Development Corporation Ltd?

Its overall Trust Score is 60/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Andhra Pradesh Handicrafts Development Corporation Ltd?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 11 active director(s) are on record.

Does Andhra Pradesh Handicrafts Development Corporation Ltd have loans or charges against its assets?

2 open charge(s) are registered against its assets.

Is Andhra Pradesh Handicrafts Development Corporation Ltd up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 41/100 (Caution Indicated).

Is it risky to lend to Andhra Pradesh Handicrafts Development Corporation Ltd?

Filed financial statements are needed for a credit view - ask the company for audited statements and bank statements.

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.