Applicomp (India) Limited - Due diligence report

A 360° intelligence report on Applicomp (India) Limited: trust score, financial health, credit view, compliance, directors, growth and distr…

1996-12-31 Ahmednagar, Maharashtra Under Cirp Unlisted Active Non-Compliant
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A( Applicomp (India) Limited
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Applicomp (India) Limited — 360° Intelligence Report

Generated from MCA filings & public records
40/100
Trust Score
Caution Indicated

Applicomp (India) Limited is assessed as Caution Indicated with a Trust Score of 40/100. Applicomp (India) Limited is a public limited indian non-government company incorporated in 1996, operating in the Consumer Electronics & Durables sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 09 Aug 2026 from the latest processed filings. Applicomp (India) Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Weak
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 ScoreCaution Indicated
40/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
35/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
25/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
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: 25/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Working-capital cover adequate.

Charges position: 18 open (25,924.43 cr) · 17 satisfied (5,559.80 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Sbicap Trustee Company Limited2 48.0 cr
Idbi Bank Limited1 48.0 cr
Central Bank Of India1 48.0 cr
Icici Bank Limited2 48.0 cr
Allahabad Bank4 48.0 cr
State Bank Of India1 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Under Cirp" - not Active.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2017 - filings overdue.
  • Flagged by authority: NCLT, EPFO.
  • Litigation present in 3 court forum(s).
  • 7 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
RAVINDRAKUMAR VED PRAKASH MITTAL 01234567 Director 01/04/2018 6 yrs Approved
YASHWANT SINGH 01234567 Director 01/04/2018 6 yrs Approved
NITIN SHINDE 01234567 Director 01/04/2018 6 yrs Approved
DEVESH 01234567 Director 01/04/2018 6 yrs Approved
RAKESH MOHANLAL GANGWANI 01234567 Director 01/04/2018 6 yrs Approved
SUNIL SADASHIV DAGADKHAIR 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • RAVINDRAKUMAR VED PRAKASH MITTAL has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2017 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 majority stake - exact percentages are part of the full report.

Key managerial personnel: RAVINDRAKUMAR VED PRAKASH MITTAL (Whole-time director) · DEVESH (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 40
Growth signals & trust indicators
Operating for 29+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Statutory filings appear overdue.
Adverse company status: Under Cirp.
Compliance score is weak (5/100).
18 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence26/100
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 assessment23/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 18 open charge(s) of 25,924.43 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view38/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
03 Aug 2021
Director ceased
RAVINDRAKUMAR VED PRAKASH MITTAL
Director ceased
YASHWANT SINGH
Director ceased
NITIN SHINDE
02 Jul 2021
Director appointed
DEVESH (CFO)
19 Mar 2021
Director appointed
RAVINDRAKUMAR VED PRAKASH MITTAL (Whole-time director)
Director appointed
YASHWANT SINGH (Additional Director)
Director appointed
NITIN SHINDE (Additional Director)
01 Nov 2018
Director ceased
SUNIL MADHUKAR DESHPANDE
14 Mar 2018
Director ceased
LAXMAN DINKAR GHARGE
29 Sep 2017
Last AGM held
Annual general meeting
31 Mar 2017
Latest balance sheet
Filed with ROC
13 Feb 2017
Director appointed
SUNIL SADASHIV DAGADKHAIR (Additional Director)
Director ceased
SHARADKUMAR BANSILAL PALLOD
22 Nov 2016
Director appointed
RAKESH MOHANLAL GANGWANI (Company Secretary)
26 Sep 2016
Director ceased
YATINDER VIR SINGH
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 4 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.
6 active director(s) / partner(s); review board churn before relying on management continuity.
7 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2017 annual return.
5 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Chowel India Private Limited U28910TN2001PTC047092 Sriperumbudur Taluk, Tamil Nadu, India
Trading Engineers International U74899DL1972PLC108312 New Delhi, Delhi, India
Emgee Cables And Communications Limited L31300RJ1987PLC003918 Jaipur, Rajasthan, India
Tekcare India Private Limited U74120MH1981PTC025424 Mumbai, Maharashtra, India
Shindengen India Private Limited U31401KA2012FTC065452 Bangalore, Karnataka, India
Southernbatteries U31404KA1996PTC019739 Bangalore., Karnataka, India
Compact Lamps U31501DL2005PTC140073 Delhi, Delhi, India
Tractors India Private Limited U29150WB1995PTC072501 Kolkata, West Bengal, India
12

Who Uses This Report

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

Verify Applicomp (India) Limited 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 Applicomp (India) 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: Enhanced diligence advised. Credit risk score 25/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Applicomp (India) Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 40/100, distress signals and MSME payment-delay disclosures - know whether Applicomp (India) Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Applicomp (India) Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Applicomp (India) Limited an active company?

Applicomp (India) Limited has MCA status “Under Cirp” with a compliance score of 5/100 (Caution Indicated).

Is Applicomp (India) Limited financially healthy?

Applicomp (India) Limited has a Financial Health Score of 35/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Applicomp (India) Limited?

Its overall Trust Score is 40/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Applicomp (India) Limited?

Promoters hold a majority stake - exact percentages are in the full report. 6 active director(s) are on record.

Does Applicomp (India) Limited have loans or charges against its assets?

18 open charge(s) are registered against its assets, and 17 earlier charge(s) stand satisfied.

Is Applicomp (India) Limited up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Applicomp (India) Limited?

Its Credit Risk Score is 25/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.