Apollo Tricoat Tubes Limited - Due diligence report

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

1983-01-12 Delhi, Delhi Amalgamated Listed Active Compliant
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AT Apollo Tricoat Tubes Limited
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Apollo Tricoat — 360° Intelligence Report

Generated from MCA filings & public records
61/100
Trust Score
Moderate

Apollo Tricoat is assessed as Moderate with a Trust Score of 61/100. Apollo Tricoat is a public limited indian non-government company incorporated in 1983, 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 high compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Apollo Tricoat Tubes Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Caution

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
61/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
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 ScoreCaution Indicated
45/100
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: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Profitable - internal accruals available.
  • Externally credit-rated (AA).

Charges position: 0 open (-) · 7 satisfied (399.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others4 48.0 cr
Yes Bank Limited1 48.0 cr
Punjab National Bank1 48.0 cr
Bank Of India1 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Flagged by authority: SEBI, BSE.
  • Litigation present in 2 court forum(s).
  • Delayed payments to MSME suppliers disclosed (24 disclosure(s)).
  • 3 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
ROMI SEHGAL 01234567 Director 01/04/2018 6 yrs Approved
VINAY GUPTA 01234567 Director 01/04/2018 6 yrs Approved
SHIVAM MAHESHWARI 01234567 Director 01/04/2018 6 yrs Approved
ANILKUMAR BANSAL 01234567 Director 01/04/2018 6 yrs Approved
Sunil Mittal 01234567 Director 01/04/2018 6 yrs Approved
Shivam Maheshwari 01234567 Director 01/04/2018 6 yrs Approved
NEERU ABROL 01234567 Director 01/04/2018 6 yrs Approved
BHARAT BHUSHAN SAHNY 01234567 Director 01/04/2018 6 yrs Approved
RAHUL GUPTA 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 2022)
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 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
Shri Lakshmi Metal Udyog Limited
Subsidiaries
-
Group entities
-
Capital events
7 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Shri Lakshmi Metal Udyog Limited Holding Company 74.00%

Key managerial personnel: ROMI SEHGAL (Whole-time director) · Sunil Mittal (CFO) · RAHUL GUPTA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 45
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Asset base grew 61% - capacity expansion.
Operating for 43+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 38% in a year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (5/100).
MSME payment delays disclosed - latest outstanding 6.66 Lakh.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence34/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 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 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
18 Oct 2022
Charge satisfied
Others
28 Sep 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
25 Jan 2022
Director appointed
SHIVAM MAHESHWARI (Company Secretary)
Director appointed
Shivam Maheshwari (Company Secretary)
24 Jan 2022
Director ceased
ARORA SURBHI
06 Aug 2021
Director appointed
Sunil Mittal (CFO)
22 May 2021
Charge created
Others - 195.00 cr
30 Nov 2020
Director ceased
VINAY GUPTA
23 Oct 2020
Director appointed
VINAY GUPTA (Director)
Director ceased
MEGHA GUPTA
24 Aug 2020
Charge satisfied
Others
21 Apr 2020
Director ceased
NEERU ABROL
01 Feb 2020
Director appointed
ROMI SEHGAL (Whole-time director)
Director ceased
ROMI SEHGAL
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
9 active director(s) / partner(s); board looks stable and experienced.
3 active GST registration(s) indicate ongoing business operations.
All 7 registered charge(s) stand satisfied - past borrowings repaid.
Carries an external credit rating of AA from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2022 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.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Kalyani Technoforge U29141MH1979PLC020973 Pune, Maharashtra, India
Hi-Tech Pipes Ltd L27202DL1985PLC019750 New Delhi, Delhi, India
Uttam Strips U27310HR2006PLC138312 Ballabgarh, Haryana, India
Savli Copper Products Private Limited U27310MH2011PTC223052 Mumbai, Maharashtra, India
Mahindra Cie Automotive L27100PN1999PLC245720 Pune City, Maharashtra, India
Posco India Processing Center Private Limited U27100HR2009PTC066154 Sadar Bazar, Haryana, India
Neel Metal Products Limited U60100HR1997PLC121409 Narsinghpur, Haryana, India
Jindal (India) Limited U24105WB1991PLC092393 Howrah, West Bengal, India
12

Who Uses This Report

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

Verify Apollo Tricoat before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Apollo Tricoat: 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 95/100, 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 Apollo Tricoat - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 61/100, distress signals and MSME payment-delay disclosures - know whether Apollo Tricoat 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 Apollo Tricoat - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Apollo Tricoat an active company?

Apollo Tricoat has MCA status “Amalgamated” with a compliance score of 5/100 (Caution Indicated).

Is Apollo Tricoat financially healthy?

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

Should I do business with Apollo Tricoat?

Its overall Trust Score is 61/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Apollo Tricoat?

The ultimate holding entity is Shri Lakshmi Metal Udyog Limited. 9 active director(s) are on record.

Does Apollo Tricoat have loans or charges against its assets?

No open charges - all 7 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Apollo Tricoat up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Apollo Tricoat?

Its Credit Risk Score is 95/100 (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.