Astarc Enterprises Private Limited - Due diligence report

A 360° intelligence report on Astarc Enterprises Private Limited: trust score, financial health, credit view, compliance, directors, growth …

1992-04-30 Mumbai, Maharashtra Active Unlisted Active Compliant
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Astarc Enterprises Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
74/100
Trust Score
Moderate

Astarc Enterprises Private Limited is assessed as Moderate with a Trust Score of 74/100. Astarc Enterprises Private Limited is an active private limited indian non-government company incorporated in 1992, operating in the Business Outsourcing 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 21 Sep 2026 from the latest processed filings. Astarc Enterprises Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong 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
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
30/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Elevated gearing (D/E 38%).
  • Working-capital cover adequate.

Charges position: 0 open (-) · 1 satisfied (35.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
The Saraswat Co-Operative Bank Ltd1 48.0 cr
Compliance Score: 93/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
CHHAYA KISHORE MUSALE 01234567 Director 01/04/2018 6 yrs Approved
SALIL KISHORE MUSALE 01234567 Director 01/04/2018 6 yrs Approved
KISHORE MANOHAR MUSALE 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.
Director & KMP remuneration (FY 2023)
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 2023 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
6
Group entities
6
Capital events
4 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Ankot Agro Private Limited Subsidiary Company 74.00%
Arogyada Agro Private Limited Subsidiary Company 74.00%
Brainwork Agro Private Limited Subsidiary Company 74.00%
Vighnaraja Plantation Private Limited Subsidiary Company 74.00%
Civic Agro Private Limited Subsidiary Company 74.00%
Campus Agro Private Limited Subsidiary Company 74.00%
Astarc Cultivation Agro Private Limited Subsidiary Company 74.00%
Bridge Farms Private Limited Subsidiary Company 74.00%
Astarc Dairy Private Limited Subsidiary Company 74.00%
Dhumraketu Plantation Private Limited Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 60
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.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence77/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment50/100
Mixed indicators - deeper appraisal suggested
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 view45/100
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 team looks stable.
09

MCA Filings & Events Timeline

Latest 14 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
21 Oct 2021
Director ceased
KISHORE MANOHAR MUSALE
27 Sep 2021
Director appointed
SALIL KISHORE MUSALE (Director)
09 Aug 2021
Securities allotted
27120 Equity Shares - 2.07 cr raised
19 Sep 2020
Securities allotted
186916 Equity Shares - 18.69 Lakh raised
10 Aug 2018
Securities allotted
127864 Equity Shares - 12.79 Lakh raised
16 Sep 2016
Director ceased
JITENDRA BHASKAR THAKARE
30 Sep 2011
Director ceased
KINTU KISHORE BAJAJ
06 May 2011
Charge satisfied
The Saraswat Co-Operative Bank Ltd
20 Apr 2006
Charge created
The Saraswat Co-Operative Bank Ltd - 35.00 cr
29 Apr 2004
Director appointed
CHHAYA KISHORE MUSALE (Director)
Director appointed
KISHORE MANOHAR MUSALE (Director)
30 Apr 1992
Incorporated
Registered with Roc Mumbai
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
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.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Muds Management Private Limited U74140HR2015PTC057132 Sadar Bazar, Haryana, India
Aars Designs Private Limited U74994MH2011PTC218747 Mumbai, Maharashtra, India
Good Earth Renewable Services Private Limited U93000DL2013FTC247893 New Delhi, Delhi, India
Atlantas Crew Management Private Limited U61200MH2017FTC295589 Thane, Maharashtra, India
Skope U74140HR2014PTC052803 Gurgaon, Haryana, India
Sateri Consultancy Private Limited U74120MH2013PTC249677 Mumbai, Maharashtra, India
Bizprout Corporate Solutions Private Limited U74140KA2001PTC029711 Bangalore, Karnataka, India
Worxwide Consulting Private Limited U74999HR2016PTC065715 Gurgaon, Haryana, India
12

Who Uses This Report

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

Verify Astarc Enterprises Private Limited before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Astarc Enterprises Private 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: Mixed indicators - deeper appraisal suggested. Credit risk score 40/100, 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 Astarc Enterprises Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Astarc Enterprises Private 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 Astarc Enterprises Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Astarc Enterprises Private Limited an active company?

Astarc Enterprises Private Limited has MCA status “Active” with a compliance score of 93/100 (Low Risk).

Is Astarc Enterprises Private Limited financially healthy?

Astarc Enterprises Private Limited has a Financial Health Score of 30/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Astarc Enterprises Private Limited?

Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Astarc Enterprises Private Limited?

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

Does Astarc Enterprises Private Limited have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Astarc Enterprises Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).

Is it risky to lend to Astarc Enterprises Private Limited?

Its Credit Risk Score is 40/100 (Caution Indicated). 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.