Promoter holding
64.27%
AL
Astral Limited - Due diligence report
A 360° intelligence report on Astral Poly Technik: trust score, financial health, credit view, compliance, directors, growth and distress si…
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Astral Poly Technik — 360° Intelligence Report
Generated from MCA filings & public records86/100
Trust Score
Low Risk
Astral Poly Technik is assessed as Low Risk with a Trust Score of 86/100. Astral Poly Technik is an active public limited indian non-government company incorporated in 1996, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Astral 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 ScoreLow Risk
86/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
80/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
80/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 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: 95/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- Moderate gearing (D/E 1.42).
- Profitable - internal accruals available.
- Externally credit-rated (AA+).
Charges position: 4 open (170.00 cr) · 8 satisfied (352.77 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| The Hongkong And Shanghai Banking Corporation Limited | 2 | 48.0 cr |
| Others | 3 | 48.0 cr |
| Standard Chartered Bank | 3 | 48.0 cr |
| Idbi Bank Limited | 1 | 48.0 cr |
| Idbi Trusteeship Services Limited | 1 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
Compliance Score: 80/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 3 court forum(s).
- 19 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 80/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| RAJENDRA KISHORE MARIWALA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| CHINTANKUMAR MAHENDRABHAI PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| GIRISH BHANUBHAI JOSHI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| TANVI VISHAL RANGWALA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANDEEP PRAVINBHAI ENGINEER | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JAGRUTI SANDEEP ENGINEER | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KAIRAV SANDEEP ENGINEER | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| HIRANAND ASANDAS SAVLANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| HIRANAND ASANDAS SAVLANI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Chintankumar Mahendrabhai Patel | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VIRAL MAHESHBHAI JHAVERI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DHINAL ASHVINBHAI SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| CHIKMAGALUR KALASHEETY GOPAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| CHETAS GULABBHAI DESAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 14 directors on the board.
- No disqualified or deactivated DINs.
- 4 director exits in 3 years - high churn.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| 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 2024 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
4
Group entities
4
Capital events
11 allotment(s) · 0 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Astral Foundation | Subsidiary Company | 74.00% |
| Seal It Services Inc, Usa | Subsidiary Company | 74.00% |
| Seal It Services Limited, Uk | Subsidiary Company | 74.00% |
| Astral Pipes Limited, Kenya | Joint Ventures | 74.00% |
| Enterprise Technology Services Private Limited | Subsidiary Company | 74.00% |
| Esha Paints Private Limited | Subsidiary Company | 74.00% |
| Gem Paints Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: GIRISH BHANUBHAI JOSHI (Whole-time director) · SANDEEP PRAVINBHAI ENGINEER (Managing Director) · JAGRUTI SANDEEP ENGINEER (Whole-time director) · KAIRAV SANDEEP ENGINEER (Whole-time director) · HIRANAND ASANDAS SAVLANI (CFO) · HIRANAND ASANDAS SAVLANI (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 30+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
4 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence85/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment88/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 170.00 cr already registered.
- Compliance record supports lending.
Investor view81/100
Positive growth 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 events25 Aug 2025
Last AGM held
Annual general meeting
24 Aug 2025
Director ceased
RAJENDRA KISHORE MARIWALA
Director ceased
TANVI VISHAL RANGWALA
15 Jul 2025
Director appointed
RAJENDRA KISHORE MARIWALA (Director)
Director appointed
TANVI VISHAL RANGWALA (Director)
31 Mar 2025
Latest balance sheet
Filed with ROC
11 Nov 2024
Director appointed
Chintankumar Mahendrabhai Patel (Company Secretary)
07 Nov 2024
Director appointed
CHINTANKUMAR MAHENDRABHAI PATEL (Company Secretary)
10 Aug 2023
Director ceased
KAIRAV SANDEEP ENGINEER
Director ceased
HIRANAND ASANDAS SAVLANI
26 Jul 2023
Director appointed
HIRANAND ASANDAS SAVLANI (CFO)
01 Jul 2023
Director appointed
KAIRAV SANDEEP ENGINEER (Whole-time director)
Director appointed
HIRANAND ASANDAS SAVLANI (Whole-time director)
02 Mar 2023
Director ceased
DHINAL ASHVINBHAI SHAH
Director ceased
CHETAS GULABBHAI DESAI
10
Key Observations
Auto-generated from the data aboveRevenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
14 active director(s) / partner(s); board looks stable and experienced.
19 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 4 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of AA+ from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 11 security allotment(s) - amounts available in the full report.
21 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Titagarh | L27320WB1997PLC084819 | Kolkata, West Bengal, India |
| Finolex Pipes | L40108PN1981PLC024153 | District Pune, Maharashtra, India |
| Skipper | L40104WB1981PLC033408 | Kolkata, West Bengal, India |
| Sundram Fasteners | L35999TN1962PLC004943 | Chennai, Tamil Nadu, India |
| Jk Lakshmi Cement | L74999RJ1938PLC019511 | Na, Rajasthan, India |
| Uflex | L74899DL1988PLC032166 | New Delhi, Delhi, India |
| Bharatam Ventures Limited | L66190MH1985PLC037217 | Mumbai, Maharashtra, India |
| Jk Tyres | L67120RJ1951PLC045966 | Kankroli, Rajasthan, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Astral Poly Technik before audits and certifications: compliance score 80/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Astral Poly Technik: 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: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Astral Poly Technik - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 86/100, distress signals and MSME payment-delay disclosures - know whether Astral Poly Technik pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Astral Poly Technik - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Astral Poly Technik an active company?
Astral Poly Technik has MCA status “Active” with a compliance score of 80/100 (Low Risk).
Is Astral Poly Technik financially healthy?
Astral Poly Technik has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.
Should I do business with Astral Poly Technik?
Its overall Trust Score is 86/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Astral Poly Technik?
Promoters hold a minority stake - exact percentages are in the full report. 14 active director(s) are on record.
Does Astral Poly Technik have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 8 earlier charge(s) stand satisfied.
Is Astral Poly Technik up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 80/100 (Low Risk).
Is it risky to lend to Astral Poly Technik?
Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.
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.
