Promoter holding
64.27%
AC
Aso Cement Ltd - Due diligence report
A 360° intelligence report on Aso Cement Ltd: trust score, financial health, credit view, compliance, directors, growth and distress signals…
Aso Cement Ltd — 360° Intelligence Report
Generated from MCA filings & public records68/100
Trust Score
Moderate
Aso Cement Ltd is assessed as Moderate with a Trust Score of 68/100. Aso Cement Ltd is an active public limited indian non-government company incorporated in 1993, operating in the Manufacturing 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 moderate compliance risk and high financial risk profile.
Report generated on 13 Jun 2026 from the latest processed filings. Aso Cement Ltd 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.
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Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
68/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
74/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
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 ScoreLow Risk
75/100
Early-warning signals - higher means fewer warnings.
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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: 50/100 Moderate
- Negative operating earnings - debt service depends on external support.
- Moderate gearing (D/E 38%).
Charges position: 3 open (5.07 cr) · 1 satisfied (6.50 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 3 | 48.0 cr |
| Ge Capital Transportation Financial Services Limited | 1 | 48.0 cr |
Compliance Score: 74/100 Moderate
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Litigation present in 2 court forum(s).
- 1 active GST registration(s).
Legal cases on record (2)
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Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| UTPAL MAITY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANDEEP AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AMARCHAND AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- AMARCHAND AGARWAL 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 2022)
| 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 2022 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
1
Capital events
1 allotment(s) · 1 transfer(s)
Promoters hold the largest single block of equity - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Navyug Minerals & Aggregates Limited | Associate Company | 74.00% |
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 40 · Distress 75
Growth signals & trust indicators
Operating for 32+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
3 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence72/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment54/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 3 open charge(s) of 5.07 cr already registered.
- Compliance record supports lending.
Investor view49/100
Mixed indicators
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.
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MCA Filings & Events Timeline
Latest 15 events30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
27 Apr 2023
Charge created
Others - 47.41 Lakh
05 Aug 2021
Charge satisfied
Others
31 Mar 2021
Share transfer (FY 2021)
17560.00000000 shares to Sandeep Agarwal
29 Nov 2019
Charge created
Others - 6.50 cr
30 Mar 2019
Director ceased
PRITI AGARWAL
Director ceased
DHRUV AGARWAL
18 Aug 2018
Charge created
Others - 4.41 cr
02 Jun 2014
Director ceased
SANJEEV AGARWAL
08 Sep 2010
Director ceased
BIRAJA PRASAD MISHRA
08 Oct 2009
Securities allotted
500000.00 Equity Shares - 50.00 Lakh raised
22 Mar 2009
Director appointed
UTPAL MAITY (Additional Director)
14 Jul 2008
Director ceased
RAJIV AGARWAL
01 Apr 2008
Director ceased
SANDEEP AGARWAL
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Key Observations
Auto-generated from the data aboveRevenue declined 1.42 over the last 4 financial year(s).
Debt-to-equity stands at 2.1x - manageable leverage.
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 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 1 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Castle Devcon Private Limited | U45100MP1996PTC011415 | Indore, Madhya Pradesh, India |
| Neon Properties Pvt Ltd | U45202MH1992PTC066432 | Mumbai, Maharashtra, India |
| Dropadi Properties Private Limited | U70109WB2000PTC091002 | Kolkata, West Bengal, India |
| Daivik Consummate Services Private Limited | U74999KA2017PTC103265 | Bangalore, Karnataka, India |
| Baron Suppliers Private Limited | U51109WB2005PTC105030 | Kolkata, West Bengal, India |
| Kasturi Tie-Up Private Limited | U51109WB2005PTC105031 | Kolkata, West Bengal, India |
| Triton Commercial Private Limited | U51109WB2005PTC104548 | Kolkata, West Bengal, India |
| Civitech Housing India Private Limited | U45201DL1998PTC093416 | Delhi, Delhi, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Aso Cement Ltd before audits and certifications: compliance score 74/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Aso Cement Ltd: 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 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Aso Cement Ltd - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 68/100, distress signals and MSME payment-delay disclosures - know whether Aso Cement Ltd 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 Aso Cement Ltd - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Aso Cement Ltd an active company?
Aso Cement Ltd has MCA status “Active” with a compliance score of 74/100 (Moderate).
Is Aso Cement Ltd financially healthy?
Aso Cement Ltd has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Aso Cement Ltd?
Its overall Trust Score is 68/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Aso Cement Ltd?
Promoters hold the largest single block of equity - exact percentages are in the full report. 3 active director(s) are on record.
Does Aso Cement Ltd have loans or charges against its assets?
3 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.
Is Aso Cement Ltd up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 74/100 (Moderate).
Is it risky to lend to Aso Cement Ltd?
Its Credit Risk Score is 50/100 (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.
