Bai-Kakaji Polymers Limited - Due diligence report

A 360° intelligence report on Bai-Kakaji Polymers Limited: trust score, financial health, credit view, compliance, directors, growth and dis…

2013-07-30 Latur, Maharashtra Active Unlisted Active Compliant
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Bai-Kakaji Polymers Limited — 360° Intelligence Report

Generated from MCA filings & public records
78/100
Trust Score
Low Risk

Bai-Kakaji Polymers Limited is assessed as Low Risk with a Trust Score of 78/100. Bai-Kakaji Polymers Limited is an active public limited indian non-government company incorporated in 2013, operating in the Packaging 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 moderate financial risk profile.

Report generated on 13 Aug 2026 from the latest processed filings. Bai-Kakaji Polymers Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › 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 ScoreLow Risk
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
78/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
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: 45/100 Caution Indicated
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Profitable - internal accruals available.

Charges position: 5 open (56.93 cr) · 9 satisfied (38.96 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India2 48.0 cr
Others4 48.0 cr
Tata Capital Financial Services Limited4 48.0 cr
Vikas Sahakari Bank Ltd1 48.0 cr
Mahesh Sahakari Bank Limited-Pune2 48.0 cr
Bank Of Maharashtra1 48.0 cr
Compliance Score: 78/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 auditor resignation(s) filed - latest: JAGDISH V. TOSHNIWAL & CO. on 2016-07-25.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 75/100
NameDIN / PANDesignationAppointedTenureDIN status
AKSHAY BALKISHAN MUNDADA 01234567 Director 01/04/2018 6 yrs Approved
KIRAN BALKISHAN MUNDADA 01234567 Director 01/04/2018 6 yrs Approved
BALKISHAN PANDURANGJI MUNDADA 01234567 Director 01/04/2018 6 yrs Approved
HARIKISHAN PANDURANGJI MUNDADA 01234567 Director 01/04/2018 6 yrs Approved
Akshay Balkishan Mundada 01234567 Director 01/04/2018 6 yrs Approved
Dheerajkumar Pannalal Tiwari 01234567 Director 01/04/2018 6 yrs Approved
Nilesh Gokuldas Chandak 01234567 Director 01/04/2018 6 yrs Approved
Balu Govindlal Bhansali 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • No disqualified or deactivated DINs.
  • 6 director exits in 3 years - high churn.
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 2025 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
1 allotment(s) · 3 transfer(s)

Key managerial personnel: AKSHAY BALKISHAN MUNDADA (CFO) · BALKISHAN PANDURANGJI MUNDADA (Managing Director) · HARIKISHAN PANDURANGJI MUNDADA (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 70
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 13+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 61% in a year.
6 director exits within 2 years.
5 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence76/100
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 assessment61/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 5 open charge(s) of 56.93 cr already registered.
  • Compliance record supports lending.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
29 Oct 2025
Charge created
State Bank Of India - 42.50 Lakh
19 Jun 2025
Director appointed
Dheerajkumar Pannalal Tiwari (Company Secretary)
23 May 2025
Director appointed
Akshay Balkishan Mundada (Cfo)
17 May 2025
Director appointed
AKSHAY BALKISHAN MUNDADA (CFO)
11 May 2025
Director ceased
KIRAN BALKISHAN MUNDADA
Director ceased
BALKISHAN PANDURANGJI MUNDADA
Director ceased
HARIKISHAN PANDURANGJI MUNDADA
Director ceased
Nilesh Gokuldas Chandak
Director ceased
Balu Govindlal Bhansali
10 May 2025
Director appointed
Nilesh Gokuldas Chandak (Director)
Director appointed
Balu Govindlal Bhansali (Director)
25 Feb 2025
Director appointed
KIRAN BALKISHAN MUNDADA (Director)
Charge created
Others - 6.00 cr
12 Feb 2025
Director ceased
AKASH BALKISHAN MUNDADA
18 Dec 2024
Charge satisfied
Bank Of Maharashtra
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
8 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
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.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ascend Performance Materials India Private Limited U25200TN2021FTC148694 Sriperumbudur, Tamil Nadu, India
Polynova Industries Limited U25209MH1986PLC041294 Mumbai, Maharashtra, India
Formosa Synthetics Private Limited U24233KA2010PTC053708 Bangalore, Karnataka, India
Brite Brothers L25209MH1946PLC005056 Mumbai, Maharashtra, India
Mitsuchem Plast L25111MH1988PLC048925 Mumbai, Maharashtra, India
Aspinwall And Company L74999KL1920PLC001389 Thiruvananthapuram, Kerala, India
Synpack U51495KA1979PLC003633 Bangalore, Karnataka, India
Rajshreepolypack L25209MH2011PLC223089 Thane, Maharashtra, India
12

Who Uses This Report

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

Verify Bai-Kakaji Polymers Limited before audits and certifications: compliance score 78/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Bai-Kakaji 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: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Bai-Kakaji Polymers Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Bai-Kakaji Polymers Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Bai-Kakaji Polymers Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Bai-Kakaji Polymers Limited an active company?

Bai-Kakaji Polymers Limited has MCA status “Active” with a compliance score of 78/100 (Low Risk).

Is Bai-Kakaji Polymers Limited financially healthy?

Bai-Kakaji Polymers Limited has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Bai-Kakaji Polymers Limited?

Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Bai-Kakaji Polymers Limited?

See the directors and ownership sections above for board and shareholding detail. 8 active director(s) are on record.

Does Bai-Kakaji Polymers Limited have loans or charges against its assets?

5 open charge(s) are registered against its assets, and 9 earlier charge(s) stand satisfied.

Is Bai-Kakaji Polymers Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 78/100 (Low Risk).

Is it risky to lend to Bai-Kakaji Polymers Limited?

Its Credit Risk Score is 45/100 (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.