Artefact Projects Limited - Due diligence report

A 360° intelligence report on Artefact Projects: trust score, financial health, credit view, compliance, directors, growth and distress sign…

1987-10-06 Nagpur, Maharashtra Active Listed Active Compliant
Share
View plans
AP Artefact Projects Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹349 50% off New user
Or enjoy up to 50% off with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Artefact Projects — 360° Intelligence Report

Generated from MCA filings & public records
73/100
Trust Score
Moderate

Artefact Projects is assessed as Moderate with a Trust Score of 73/100. Artefact Projects is an active public limited indian non-government company incorporated in 1987, operating in the Infrastructure and Utilities sector. Reported revenue has declined 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 29 Jun 2026 from the latest processed filings. Artefact Projects Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Neutral

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
73/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
48/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
55/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
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.

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: 70/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (D).

Charges position: 6 open (18.76 cr) · 15 satisfied (70.02 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Canara Bank4 48.0 cr
Others6 48.0 cr
Central Bank Of India6 48.0 cr
State Bank Of India3 48.0 cr
Icici Bank Limited1 48.0 cr
Icici Bank Ltd.1 48.0 cr
Compliance Score: 48/100 Caution Indicated
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: DSE, BSE, RBI.
  • Litigation present in 2 court forum(s).
  • Delayed payments to MSME suppliers disclosed (1 disclosure(s)).
  • 2 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
ANKITA MANOJ SHAH 01234567 Director 01/04/2018 6 yrs Approved
Pritti Kamal Kishor Agrawal 01234567 Director 01/04/2018 6 yrs Approved
RANI MAHESHWARI 01234567 Director 01/04/2018 6 yrs Approved
KAUSTUBH PRAKASH PAUNIKAR 01234567 Director 01/04/2018 6 yrs Approved
CHANDRASHEKAR KASHINATHJI BASESHANKAR 01234567 Director 01/04/2018 6 yrs Approved
CHANDRASHEKAR KASHINATHJI BASESHANKAR 01234567 Director 01/04/2018 6 yrs Approved
SIDDHARTH PANKAJ SHAH 01234567 Director 01/04/2018 6 yrs Approved
  • 7 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 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
-
Subsidiaries
-
Group entities
-
Capital events
7 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Group entityRelationship% held
Sheladia Associates Inc - Zaidun Leeng Sdn Bhd - Artefact Projects Ltd Joint Ventures 74.00%
Zaidun Leeng Sdn Bhd - Artefact Projects Ltd. Joint Ventures 74.00%

Key managerial personnel: CHANDRASHEKAR KASHINATHJI BASESHANKAR (CFO) · CHANDRASHEKAR KASHINATHJI BASESHANKAR (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 55 · Distress 75
Growth signals & trust indicators
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 38+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Compliance score is weak (48/100).
6 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 8,100.00.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence64/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment68/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 6 open charge(s) of 18.76 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view68/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
25 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
26 Sep 2024
Director ceased
Pritti Kamal Kishor Agrawal
19 Aug 2024
Charge created
Others - 46.00 Lakh
12 Apr 2024
Charge satisfied
Others
08 Apr 2024
Charge created
Others - 3.75 cr
22 Mar 2024
Director appointed
RANI MAHESHWARI (Company Secretary)
16 Mar 2024
Director ceased
ANANDKUMAR TARACHAND JAIN
24 Feb 2024
Charge created
Others - 11.25 cr
02 Feb 2024
Charge satisfied
Others
09 Nov 2023
Director appointed
Pritti Kamal Kishor Agrawal (Director)
28 Aug 2023
Director ceased
SHOURYA SANDEEP BATTA
21 Apr 2023
Director ceased
SANDEEP MADANLAL BATTA
11 Apr 2023
Director appointed
CHANDRASHEKAR KASHINATHJI BASESHANKAR (CFO)
14 Mar 2023
Director appointed
CHANDRASHEKAR KASHINATHJI BASESHANKAR (CFO)
10

Key Observations

Auto-generated from the data above
Revenue declined 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
7 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of D from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity 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
Prozone Intu L45200MH2007PLC174147 Mumbai, Maharashtra, India
Ganit Business Solutions Private Limited U72900TN2017PTC114163 Chennai, Tamil Nadu, India
Om Barot Consultants Private Limited U93090RJ2019PTC063715 Abu Road, Rajasthan, India
Safe Global Ventures Private Limited U63000DL2005PTC137992 New Delhi, Delhi, India
Jaypee Hotels U55101UP2009PLC036962 Noida, Uttar Pradesh, India
Mazda Consultancy Services Private Limited U63000GJ2012PTC071153 Ahmedabad, Gujarat, India
Lei U74999PN2019FTC184211 Pune, Maharashtra, India
Stellarsp Private Limited U25209KA2018PTC111338 Bengaluru, Karnataka, India
12

Who Uses This Report

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

Verify Artefact Projects before audits and certifications: compliance score 48/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Artefact Projects: 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: Mixed indicators - deeper appraisal suggested. Credit risk score 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 55/100, margin trends, ownership structure and peer set for Artefact Projects - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 73/100, distress signals and MSME payment-delay disclosures - know whether Artefact Projects 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 Artefact Projects - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Artefact Projects an active company?

Artefact Projects has MCA status “Active” with a compliance score of 48/100 (Caution Indicated).

Is Artefact Projects financially healthy?

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

Should I do business with Artefact Projects?

Its overall Trust Score is 73/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Artefact Projects?

Promoters hold the largest single block of equity - exact percentages are in the full report. 7 active director(s) are on record.

Does Artefact Projects have loans or charges against its assets?

6 open charge(s) are registered against its assets, and 15 earlier charge(s) stand satisfied.

Is Artefact Projects up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 48/100 (Caution Indicated).

Is it risky to lend to Artefact Projects?

Its Credit Risk Score is 70/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.

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.