Canara Overseas Limited - Due diligence report

A 360° intelligence report on Canara Overseas Limited: trust score, financial health, credit view, compliance, directors, growth and distres…

2002-10-17 Bangalore, Karnataka Active Unlisted Active Compliant
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CO Canara Overseas Limited
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Canara Overseas Limited — 360° Intelligence Report

Generated from MCA filings & public records
47/100
Trust Score
Caution Indicated

Canara Overseas Limited is assessed as Caution Indicated with a Trust Score of 47/100. Canara Overseas Limited is an active public limited indian non-government company incorporated in 2002, operating in the Metals and Minerals 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 27 Jun 2026 from the latest processed filings. Canara Overseas Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Neutral
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 ScoreCaution Indicated
47/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
61/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
30/100
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.

Get full access

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.

Charges position: 12 open (40.64 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Canara Bank2 48.0 cr
Abn Amro Bank N.V.4 48.0 cr
Srei Equipment Finance Private Limited3 48.0 cr
Abn Amro Bank Nv1 48.0 cr
Abm Amro Bank N.V1 48.0 cr
Abn Amro N.V.1 48.0 cr
Compliance Score: 61/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2018 - filings overdue.
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
LAKSHMINARAYANA GUBBA 01234567 Director 01/04/2018 6 yrs Approved
ASIF 01234567 Director 01/04/2018 6 yrs Approved
RAVIKUMAR MALLAPPA SOGAL 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • LAKSHMINARAYANA GUBBA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2018 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) · 0 transfer(s)

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 30
Growth signals & trust indicators
Operating for 23+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
Statutory filings appear overdue.
12 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence48/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment35/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 12 open charge(s) of 40.64 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view30/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
02 Feb 2021
Director appointed
ASIF (Director)
17 Jan 2020
Director ceased
PRADEEP SOMASHEKAR WODEYAR
30 Sep 2018
Last AGM held
Annual general meeting
31 Mar 2018
Latest balance sheet
Filed with ROC
30 Sep 2016
Director ceased
RAVIKUMAR MALLAPPA SOGAL
25 Mar 2016
Director ceased
ASHA LAKSHMINARAYANA GUBBA
21 Mar 2016
Director appointed
RAVIKUMAR MALLAPPA SOGAL (Director)
27 Jun 2013
Director ceased
SUJATA KOLURMATH PRABHU
29 Feb 2012
Director ceased
SUJAN KOLUR MATH
01 Jan 2012
Charge created
Srei Equipment Finance Private Limited - 1.43 cr
19 May 2011
Securities allotted
2000000 Equity Shares Without Differential Rights - 2.00 cr raised
15 Dec 2010
Charge created
Srei Equipment Finance Private Limited - 50.00 Lakh
15 Nov 2010
Charge created
Srei Equipment Finance Private Limited - 1.50 cr
24 Feb 2007
Charge created
Abn Amro Bank N.V. - 13.00 Lakh
Charge created
Abn Amro Bank Nv - 1.11 cr
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
3 active director(s) / partner(s); review board churn before relying on management continuity.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2018 annual return.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Aee Castings Limited U51102TN1942PLC000656 Maraimalai Nagar, Tamil Nadu, India
Tribology India Limited L24294TN1984PLC010692 -
Metal Aids Coatings Limited U24112UR1989PLC010964 Uttranchal, Uttarakhand, India
Ambica Polad Private Limited U27100MH2009PTC192432 Aurangabad, Maharashtra, India
H.V. Metal Arc Private Limited U27109DL2007PTC161972 Delhi, Delhi, India
Samagrh Engineering Private Limited U29246RJ2010PTC032036 Bhilwara, Rajasthan, India
Mahaa Cauvery Exports Private Limited U74999TN2016PTC113063 Chennai, Tamil Nadu, India
Shree Narmada Architectural Systems Limited U45200GJ2000PLC037316 Bharuch, Gujarat, India
12

Who Uses This Report

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

Verify Canara Overseas Limited before audits and certifications: compliance score 61/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Canara Overseas 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: Enhanced diligence advised. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Canara Overseas Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 47/100, distress signals and MSME payment-delay disclosures - know whether Canara Overseas Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Canara Overseas Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Canara Overseas Limited an active company?

Canara Overseas Limited has MCA status “Active” with a compliance score of 61/100 (Moderate).

Is Canara Overseas Limited financially healthy?

Canara Overseas Limited has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Canara Overseas Limited?

Its overall Trust Score is 47/100 (Caution Indicated). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Canara Overseas Limited?

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

Does Canara Overseas Limited have loans or charges against its assets?

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

Is Canara Overseas Limited up to date with its ROC filings?

Last balance sheet is for Mar 2018 - filings overdue. Overall compliance score: 61/100 (Moderate).

Is it risky to lend to Canara Overseas Limited?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.