Promoter holding
64.27%
CL
Cethar Limited - Due diligence report
A 360° intelligence report on Cethar: trust score, financial health, credit view, compliance, directors, growth and distress signals - gener…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹349
50% off
New user
Or enjoy up to 50% off with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Cethar — 360° Intelligence Report
Generated from MCA filings & public records41/100
Trust Score
Caution Indicated
Cethar is assessed as Caution Indicated with a Trust Score of 41/100. Cethar is a public limited indian non-government company incorporated in 1981, operating in the Energy and Power 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 high compliance risk and high financial risk profile.
Report generated on 02 Jul 2026 from the latest processed filings. Cethar 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 ScoreCaution Indicated
41/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
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
20/100
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
40/100
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 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: 20/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 38%).
Charges position: 52 open (6,739.65 cr) · 6 satisfied (155.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Indian Bank | 3 | 48.0 cr |
| Canara Bank | 10 | 48.0 cr |
| Others | 5 | 48.0 cr |
| Icici Bank Limited | 4 | 48.0 cr |
| Indian Overseas Bank | 3 | 48.0 cr |
| Asset Reconstruction Company (India) Limited | 5 | 48.0 cr |
Compliance Score: 5/100 Caution Indicated
- Company status is "Under Liquidation" - not Active.
- Marked ACTIVE non-compliant (INC-22A).
- Last balance sheet is for Mar 2016 - filings overdue.
- Flagged by authority: BANKS, EPFO, NCLT.
- Litigation present in 4 court forum(s).
- 1 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SOMASUNDARAM KANAGARAJ | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KANDASAMY SUBBURAJ | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NAGALAPURAM KANDASAMY POTHIRAAJ | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 3 directors on the board.
- NAGALAPURAM KANDASAMY POTHIRAAJ has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2016)
| 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 2016 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
6
Group entities
6
Capital events
8 allotment(s) · 0 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Cethar Constructions Limited | Subsidiary Company | 74.00% |
| Cethar Energy Limited | Subsidiary Company | 74.00% |
| Cethar Electricals Limited | Subsidiary Company | 74.00% |
| Cethar Consultancy Services Limited | Subsidiary Company | 74.00% |
Key managerial personnel: KANDASAMY SUBBURAJ (Whole-time director) · NAGALAPURAM KANDASAMY POTHIRAAJ (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 40 · Distress 40
Growth signals & trust indicators
Operating for 44+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Under Liquidation.
Compliance score is weak (5/100).
52 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence26/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment22/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 52 open charge(s) of 6,739.65 cr already registered.
- Compliance gaps should be priced into terms.
Investor view40/100
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 events16 Mar 2017
Charge created
Others - 2.54 cr
21 Jan 2017
Director appointed
SOMASUNDARAM KANAGARAJ (Director)
Director ceased
SRIDHAR HARISH KUMAR
18 Nov 2016
Charge created
Indian Overseas Bank - 5.30 cr
29 Sep 2016
Charge created
Indian Overseas Bank - 5.30 cr
19 Sep 2016
Last AGM held
Annual general meeting
06 Apr 2016
Director ceased
KULANDAIAH THAMBITHURAI
31 Mar 2016
Latest balance sheet
Filed with ROC
29 Jan 2016
Director ceased
BALASUBRAMANIAN VISWANATHAN
01 Jan 2016
Director ceased
SOUNDARAPANDIAN VADIVEL
Director ceased
ELIZABETH NINA PRABHU
27 Mar 2015
Charge created
Icici Bank Limited - 81.89 cr
30 Jun 2014
Charge created
Federal Bank - 95.00 Lakh
01 Jun 2014
Director ceased
JAGAT MOHAN GHOSH
22 May 2014
Securities allotted
3170000 Preference Shares - 31.70 cr raised
10
Key Observations
Auto-generated from the data aboveRevenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2016 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 8 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Diamond Power Transformers Limited | U31102GJ2007PLC052486 | Baroda, Gujarat, India |
| Solitaire Appliances Private Limited | U32204MH1979PTC021985 | Mumbai, Maharashtra, India |
| Gran Electronics Private Limited | U32100MH2004PTC144083 | Mumbai, Maharashtra, India |
| Se Blades Limited | U28999GJ2006PLC091978 | Ahmedabad, Gujarat, India |
| Se Electricals Limited | U31108GJ2006PLC091977 | Ahmedabad, Gujarat, India |
| Valeo India Private Limited | U29130TN2005PTC081914 | Chennai, Tamil Nadu, India |
| Umgroup | U34300DL1986PLC023498 | New Delhi, Delhi, India |
| Pricol | L33129TZ1972PLC000641 | Coimbatore, Tamil Nadu, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Cethar before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Cethar: 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 20/100, 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 Cethar - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 41/100, distress signals and MSME payment-delay disclosures - know whether Cethar pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Cethar - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Cethar an active company?
Cethar has MCA status “Under Liquidation” with a compliance score of 5/100 (Caution Indicated).
Is Cethar financially healthy?
Cethar has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Cethar?
Its overall Trust Score is 41/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Cethar?
Promoters hold a majority stake - exact percentages are in the full report. 3 active director(s) are on record.
Does Cethar have loans or charges against its assets?
52 open charge(s) are registered against its assets, and 6 earlier charge(s) stand satisfied.
Is Cethar up to date with its ROC filings?
Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 5/100 (Caution Indicated).
Is it risky to lend to Cethar?
Its Credit Risk Score is 20/100 (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.
