Promoter holding
64.27%
BF
Blend Financial Services Limited - Due diligence report
A 360° intelligence report on Blend Financial Services: trust score, financial health, credit view, compliance, directors, growth and distre…
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Blend Financial Services — 360° Intelligence Report
Generated from MCA filings & public records66/100
Trust Score
Moderate
Blend Financial Services is assessed as Moderate with a Trust Score of 66/100. Blend Financial Services is an active public limited indian non-government company incorporated in 1997, operating in the Business Outsourcing sector. The company has shown revenue growth 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 moderate financial risk profile.
Report generated on 14 Aug 2026 from the latest processed filings. Blend Financial Services 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 ScoreModerate
66/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
81/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
50/100
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: 55/100 Moderate
- Negative operating earnings - debt service depends on external support.
- Moderate gearing (D/E 38%).
- Working-capital cover adequate.
Charges position: 3 open (4.80 cr) · 4 satisfied (13.60 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Icici Home Finance Company Limited | 1 | 48.0 cr |
| Dhanlaxmi Bank Limited | 1 | 48.0 cr |
| Bank Of India | 2 | 48.0 cr |
| Hdfc Bank Limited | 1 | 48.0 cr |
| Icici Bank Limited | 1 | 48.0 cr |
| Others | 1 | 48.0 cr |
Compliance Score: 81/100 Low Risk
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Litigation present in 1 court forum(s).
- 1 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 45/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| TITY THOMAS PLACHERI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUKESH KUMAR PANSARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KAILASH CHANDRA BHAGWANDAS GUPTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VAIBHAVI MAHENDRAKUMAR THAKKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAVI KAILASHCHANDRA GUPTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 5 directors on the board.
- TITY THOMAS PLACHERI has DIN status "Disqualified by RoC u/s 164(2)".
- 1 director exit(s) in the last 3 years.
- 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 2023 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
-
Capital events
4 allotment(s) · 1 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Blend Us Llc | Subsidiary Company | 74.00% |
| Blend Fincap Pte Ltd. | Subsidiary Company | 74.00% |
| Blend Kenya Limited | Subsidiary Company | 74.00% |
| Blend Management Services Fzco | Subsidiary Company | 74.00% |
Key managerial personnel: SUKESH KUMAR PANSARI (CFO) · KAILASH CHANDRA BHAGWANDAS GUPTA (Whole-time director) · VAIBHAVI MAHENDRAKUMAR THAKKAR (Whole-time director) · RAVI KAILASHCHANDRA GUPTA (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 50
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 28+ 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.
Outside liabilities up 2.1x in a year.
3 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence67/100
Review suggested
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment60/100
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 4.80 cr already registered.
- Compliance record supports lending.
Investor view64/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events30 Oct 2025
Charge created
Bank Of India - 75.00 Lakh
30 Sep 2024
Last AGM held
Annual general meeting
02 Aug 2024
Director appointed
TITY THOMAS PLACHERI (Director)
31 May 2024
Director ceased
SUMMI GUPTA
31 Mar 2024
Latest balance sheet
Filed with ROC
18 Nov 2022
Charge created
Hdfc Bank Limited - 2.50 cr
24 Aug 2022
Charge created
Others - 1.55 cr
18 Nov 2019
Charge satisfied
Bank Of India
30 Sep 2019
Director ceased
SIMI MATHEW
25 Mar 2019
Director appointed
SUKESH KUMAR PANSARI (CFO)
29 Sep 2018
Director ceased
PREMAKUMAR GOVINDAN KUTTY MENON KANJILIL
28 Sep 2018
Charge created
Bank Of India - 3.00 cr
11 Apr 2018
Director ceased
ANIL BENIPRASAD AGRAWAL
31 Mar 2018
Share transfer (FY 2018)
10000.00000000 shares to KAILASH CHANDRA BHAGWANDAS GUPTA
01 Nov 2017
Director ceased
TITY THOMAS PLACHERI
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.
5 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 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.
3 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Gramcover | U66000DL2016PTC292037 | New Delhi, Delhi, India |
| Morgan Stanley Investment Management Private Limited | U65990MH1993FTC074460 | Mumbai, Maharashtra, India |
| Motilal Oswal Investment Advisors Limited | U67190MH2006PLC160583 | Mumbai, Maharashtra, India |
| Logan Advisors Private Limited | U74999MH2014PTC252203 | Thane, Maharashtra, India |
| Sp Investment Advisors | U74900MH2008PTC178074 | Mumbai, Maharashtra, India |
| Malik And Jain Securities Private Limited | U67120MH2008PTC185004 | Kandivali West, Maharashtra, India |
| Great Family Commodities Private Limited | U67190MP2012PTC028261 | Bhopal, Madhya Pradesh, India |
| Fintoric Capital Private Limited | U65900DL2010PTC201958 | Delhi, Delhi, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Blend Financial Services before audits and certifications: compliance score 81/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Blend Financial Services: 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 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 75/100, margin trends, ownership structure and peer set for Blend Financial Services - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 66/100, distress signals and MSME payment-delay disclosures - know whether Blend Financial Services 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 Blend Financial Services - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Blend Financial Services an active company?
Blend Financial Services has MCA status “Active” with a compliance score of 81/100 (Low Risk).
Is Blend Financial Services financially healthy?
Blend Financial Services has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.
Should I do business with Blend Financial Services?
Its overall Trust Score is 66/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Blend Financial Services?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 5 active director(s) are on record.
Does Blend Financial Services have loans or charges against its assets?
3 open charge(s) are registered against its assets, and 4 earlier charge(s) stand satisfied.
Is Blend Financial Services up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 81/100 (Low Risk).
Is it risky to lend to Blend Financial Services?
Its Credit Risk Score is 55/100 (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.
