Balan Electricals Ltd - Due diligence report

A 360° intelligence report on Balan Electricals Ltd: trust score, financial health, credit view, compliance, directors, growth and distress …

1987-02-19 Mumbai, Maharashtra Active Unlisted Active Compliant
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Balan Electricals Ltd — 360° Intelligence Report

Generated from MCA filings & public records
69/100
Trust Score
Moderate

Balan Electricals Ltd is assessed as Moderate with a Trust Score of 69/100. Balan Electricals Ltd is an active public limited indian non-government company incorporated in 1987, operating in the Information Technology 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 02 Nov 2026 from the latest processed filings. Balan Electricals Ltd snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Good

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
69/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
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
65/100
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: 35/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Working-capital cover adequate.

Charges position: 7 open (20.66 Lakh) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Bank Of India7 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2024 - filings overdue.
  • 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
SUPRIYA BALAN KUNIYIL 01234567 Director 01/04/2018 6 yrs Approved
SHANTHA BALAN KUNIYIL 01234567 Director 01/04/2018 6 yrs Approved
BALAN SHANKARAN KUNIYIL 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.
06

Ownership & Group Intelligence

As per FY 2020 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
-

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 65
Growth signals & trust indicators
Operating for 39+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Statutory filings appear overdue.
7 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence67/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment45/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 7 open charge(s) of 20.66 Lakh already registered.
  • Compliance gaps should be priced into terms.
Investor view47/100
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 2024
Latest balance sheet
Filed with ROC
23 Oct 2021
Director appointed
SUPRIYA BALAN KUNIYIL (Director)
Director ceased
GANESH SRINIVAS KESAVAN
11 Oct 2007
Charge created
Bank Of India - 8.00 Lakh
08 Jul 1997
Charge created
Bank Of India - 5.50 Lakh
30 Sep 1995
Charge created
Bank Of India - 1.00 Lakh
06 Dec 1994
Charge created
Bank Of India - 1.45 Lakh
28 Feb 1991
Charge created
Bank Of India - 1.01 Lakh
10 Aug 1990
Charge created
Bank Of India - 2.90 Lakh
12 Jan 1989
Charge created
Bank Of India - 80,000.00
19 Feb 1987
Incorporated
Registered with Roc Mumbai I
Director appointed
SHANTHA BALAN KUNIYIL (Director)
Director appointed
BALAN SHANKARAN KUNIYIL (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2020 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ghorawal Cluster Private Limited U93030UP2015PTC073732 Kanpur, Uttar Pradesh, India
Cian Capital (India) Private Limited U67100MH2015PTC265148 Nagpur, Maharashtra, India
Purity Gold And Fashion Accessories Private Limited U52100TG2015FTC101197 Hyderabad, Telangana, India
Sangfroid Medi Care Private Limited U24232MP2014PTC033442 Gwalior, Madhya Pradesh, India
Optimiser Devices India Private Limited U33119DL2012PTC238897 Delhi, Delhi, India
Ritianno Private Limited U74999MH2018PTC311455 Ulhasnagar, Maharashtra, India
Bioayurveda Private Limited U85100DL2016PTC307542 New Delhi, Delhi, India
Jalco Plasto Chem Industries Private Limited U74899DL1989PTC038494 New Delhi, Delhi, India
12

Who Uses This Report

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

Verify Balan Electricals Ltd before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Balan Electricals 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 35/100, 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 Balan Electricals Ltd - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 69/100, distress signals and MSME payment-delay disclosures - know whether Balan Electricals Ltd 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 Balan Electricals Ltd - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Balan Electricals Ltd an active company?

Balan Electricals Ltd has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Balan Electricals Ltd financially healthy?

Balan Electricals Ltd has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Balan Electricals Ltd?

Its overall Trust Score is 69/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Balan Electricals Ltd?

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

Does Balan Electricals Ltd have loans or charges against its assets?

7 open charge(s) are registered against its assets.

Is Balan Electricals Ltd up to date with its ROC filings?

Last balance sheet is for Mar 2024 - filings overdue. Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Balan Electricals Ltd?

Its Credit Risk Score is 35/100 (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.