Appsource Services - Due diligence report

A 360° intelligence report on Appsource Services: trust score, financial health, credit view, compliance, directors, growth and distress sig…

2015-03-03 Bangalore, Karnataka Active Unlisted Active Compliant
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Appsource Services — 360° Intelligence Report

Generated from MCA filings & public records
57/100
Trust Score
Moderate

Appsource Services is assessed as Moderate with a Trust Score of 57/100. Appsource Services is an active private limited indian non-government company incorporated in 2015, operating in the Professional Services 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 low compliance risk and high financial risk profile.

Report generated on 07 Oct 2026 from the latest processed filings. Appsource Services Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Good
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 ScoreModerate
57/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
75/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
30/100
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: 45/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.

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

Compliance Score: 75/100 Low Risk
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2023 - filings overdue.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
RENUKAMBIKE UDAYKUMAR 01234567 Director 01/04/2018 6 yrs Approved
KUMARAN TEEKARAMU TEEKARAMU 01234567 Director 01/04/2018 6 yrs Approved
HEMAVATHI BABA 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.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2016 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.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 30
Growth signals & trust indicators
Asset base grew 1.42 - capacity expansion.
Operating for 11+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
Statutory filings appear overdue.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence56/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment40/100
Enhanced diligence advised
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 view34/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 7 events
30 Sep 2023
Last AGM held
Annual general meeting
31 Mar 2023
Latest balance sheet
Filed with ROC
29 Sep 2017
Director ceased
RENUKAMBIKE UDAYKUMAR
28 Dec 2016
Director appointed
RENUKAMBIKE UDAYKUMAR (Director)
03 Mar 2015
Incorporated
Registered with Roc Bangalore
Director appointed
KUMARAN TEEKARAMU TEEKARAMU (Director)
Director appointed
HEMAVATHI BABA (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 2 financial year(s).
Net profit margin moved from 24% to 0.86.
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.
Promoters hold a dominant controlling stake as per the FY 2016 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Codgrey Technologies Private Limited U72900KA2017PTC103981 Bangaluru, Karnataka
Satisfaction Financial And Management Services Private Limited U85110KA1997PTC023128 Bangaluru, Karnataka
Alpine Hospitality Private Limited U55101KA2005PTC037498 Bangaluru, Karnataka
Payoshnika Auto Trading Private Limited U50400KA2021PTC145512 Bangalore, Karnataka
Prime Cfo Management Private Limited U74140KA2006PTC039281 Bangaluru, Karnataka
Oline Technology Solutions Private Limited U72200KA2016PTC095516 Bangaluru, Karnataka
Sudeeksha Infracons Private Limited U45300KA2021PTC152414 Bangaluru, Karnataka
V.T. Job Placements Private Limited U74140KA2012PTC065901 Bangaluru, Karnataka
Skanda Chit Fund Private Limited U65992KA2002PTC031120 Bangalore, Karnataka
Tantra Information Systems Private Limited U64201KA2000PTC028160 Bangalore, Karnataka
12

Who Uses This Report

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

Verify Appsource Services before audits and certifications: compliance score 75/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Appsource Services: 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 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 45/100, margin trends, ownership structure and peer set for Appsource Services - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 57/100, distress signals and MSME payment-delay disclosures - know whether Appsource Services 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 Appsource Services - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Appsource Services an active company?

Appsource Services has MCA status “Active” with a compliance score of 75/100 (Low Risk).

Is Appsource Services financially healthy?

Appsource Services has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Appsource Services?

Its overall Trust Score is 57/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Appsource Services?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Appsource Services have loans or charges against its assets?

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

Is Appsource Services up to date with its ROC filings?

Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 75/100 (Low Risk).

Is it risky to lend to Appsource Services?

Its Credit Risk Score is 45/100 (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.