Promoter holding
64.27%
AP
Ashok Polymers Limited - Due diligence report
A 360° intelligence report on Ashok Polymers Limited: trust score, financial health, credit view, compliance, directors, growth and distress…
AP
Ashok Polymers Limited
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Ashok Polymers Limited — 360° Intelligence Report
Generated from MCA filings & public records42/100
Trust Score
Caution Indicated
Ashok Polymers Limited is assessed as Caution Indicated with a Trust Score of 42/100. Ashok Polymers Limited is an active public limited indian non-government company incorporated in 1991, operating in the Packaging 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 17 Jul 2026 from the latest processed filings. Ashok Polymers Limited snapshot & full profile →
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 & explainableTrust ScoreCaution Indicated
42/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
18/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
25/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
20/100
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 ScoreModerate
50/100
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 accessScores 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: 20/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 1.42).
Charges position: 1 open (23.30 cr) · 23 satisfied (46.69 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Hdfc Bank Limited | 3 | 48.0 cr |
| Others | 1 | 48.0 cr |
| The A.P.Mahesh Co-Op Urban Bank Limited | 1 | 48.0 cr |
| The A.P. Mahesh Co-Operative Urban Bank Limited | 4 | 48.0 cr |
| Reliance Capital Ltd | 3 | 48.0 cr |
| The Ap Mahesh Co-Operative Urban Bank Limited | 3 | 48.0 cr |
Compliance Score: 18/100 Caution Indicated
- Company status is Active as per MCA.
- Marked ACTIVE non-compliant (INC-22A).
- Last balance sheet is for Mar 2017 - filings overdue.
- Flagged by authority: EPFO, NCLT.
- Litigation present in 1 court forum(s).
- 1 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| KALPANA DEVI SONI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NARSINGH SONI DAS | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHOK KUMAR SONI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- KALPANA DEVI SONI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2016)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2017 annual returnPublic / 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: NARSINGH SONI DAS (Managing Director) · ASHOK KUMAR SONI (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 40 · Distress 50
Growth signals & trust indicators
Operating for 34+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Statutory filings appear overdue.
Compliance score is weak (18/100).
1 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence35/100
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 assessment21/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 1 open charge(s) of 23.30 cr already registered.
- Compliance gaps should be priced into terms.
Investor view35/100
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 events30 Jun 2018
Director ceased
NEHA MAHESHWARI
17 Jan 2018
Director ceased
VINOD KUMAR PITTI
05 Dec 2017
Director ceased
BANDIRALA SRINIVAS
30 Sep 2017
Last AGM held
Annual general meeting
31 Mar 2017
Latest balance sheet
Filed with ROC
13 Aug 2016
Director ceased
ASHOK KUMAR SONI
01 Aug 2016
Charge satisfied
Reliance Capital Ltd
18 Nov 2015
Director appointed
NARSINGH SONI DAS (Managing Director)
02 Mar 2012
Charge satisfied
Hdfc Bank Limited
18 Jan 2012
Charge satisfied
Reliance Capital Ltd
07 Jan 2012
Charge created
Others - 23.30 cr
15 Feb 2011
Charge created
Reliance Capital Ltd - 50.00 Lakh
24 Mar 2010
Charge satisfied
Reliance Capital Ltd
31 Aug 2009
Charge satisfied
Vikas Shakari Bank Limited
Charge satisfied
Vikas Shakari Bank Ltd
10
Key Observations
Auto-generated from the data aboveRevenue 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.
3 active director(s) / partner(s); review board churn before relying on management continuity.
1 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.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
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12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Ashok Polymers Limited before audits and certifications: compliance score 18/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Ashok Polymers 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 20/100, 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 Ashok Polymers Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 42/100, distress signals and MSME payment-delay disclosures - know whether Ashok Polymers Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Ashok Polymers Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Ashok Polymers Limited an active company?
Ashok Polymers Limited has MCA status “Active” with a compliance score of 18/100 (Caution Indicated).
Is Ashok Polymers Limited financially healthy?
Ashok Polymers Limited has a Financial Health Score of 25/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Ashok Polymers Limited?
Its overall Trust Score is 42/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Ashok Polymers Limited?
Promoters hold a majority stake - exact percentages are in the full report. 3 active director(s) are on record.
Does Ashok Polymers Limited have loans or charges against its assets?
1 open charge(s) are registered against its assets, and 23 earlier charge(s) stand satisfied.
Is Ashok Polymers Limited up to date with its ROC filings?
Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 18/100 (Caution Indicated).
Is it risky to lend to Ashok Polymers Limited?
Its Credit Risk Score is 20/100 (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.
