Checons Ltd - Due diligence report

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

1981-09-25 Kolkata, West Bengal Active Listed Active Compliant
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Checons Ltd — 360° Intelligence Report

Generated from MCA filings & public records
85/100
Trust Score
Low Risk

Checons Ltd is assessed as Low Risk with a Trust Score of 85/100. Checons Ltd is an active public limited indian non-government company incorporated in 1981, operating in the Financial Services 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 low financial risk profile.

Report generated on 03 Jul 2026 from the latest processed filings. Checons Ltd 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
85/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
76/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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: 70/100 Moderate
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 76/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
  • 2 auditor resignation(s) filed - latest: RAY & CO on 2023-05-02.
Legal cases on record (2)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
DINESH PARAKH 01234567 Director 01/04/2018 6 yrs Approved
AVANTIKA GUPTA 01234567 Director 01/04/2018 6 yrs Approved
PRITI SHAH 01234567 Director 01/04/2018 6 yrs Approved
SANJAY KUMAR BHUWALKA 01234567 Director 01/04/2018 6 yrs Approved
SANJAY KUMAR BHUWALKA 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2023 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 majority stake - exact percentages are part of the full report.

Group entityRelationship% held
Deserve Vincom Private Limited Associate Company 74.00%
Direction Barter Private Limited Associate Company 74.00%
Gagan Realdev Private Limited Associate Company 74.00%
Enertech Engineers India Pvt Ltd Associate Company 74.00%
Horizon Vintrade Private Limited Associate Company 74.00%
Ascu Heat Pumps Pvt Ltd Associate Company 74.00%
Jhajjar Power Transmission Private Limited Associate Company 74.00%
Pinnacle Commodeal Private Limited Associate Company 74.00%
Majestic Commotrade Private Limited Associate Company 74.00%

Key managerial personnel: SANJAY KUMAR BHUWALKA (Whole-time director) · SANJAY KUMAR BHUWALKA (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Operating for 44+ years.
Distress signals & risk flags
2 auditor resignation(s) on record - review the stated reasons.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence83/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment76/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view89/100
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 13 events
04 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
18 May 2024
Director appointed
PRITI SHAH (Company Secretary)
01 May 2024
Director ceased
Harsh Jhunjhunwala
30 Mar 2023
Director ceased
SANJAY KUMAR BHUWALKA
02 Jan 2023
Director appointed
SANJAY KUMAR BHUWALKA (CFO)
30 Sep 2015
Director ceased
AVANTIKA GUPTA
26 Mar 2015
Director appointed
AVANTIKA GUPTA (Director)
Director ceased
PRADEEP KUMAR LOHIA
18 Sep 2012
Director ceased
NAVRATAN MAL BACHHAWAT
23 Nov 2002
Director appointed
DINESH PARAKH (Director)
07 Dec 1996
Director appointed
SANJAY KUMAR BHUWALKA (Whole-time director)
25 Sep 1981
Incorporated
Registered with Roc Kolkata
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
5 active director(s) / partner(s); board looks stable and experienced.
Promoters hold a majority stake as per the FY 2023 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Billionloans U74999KA2016PTC097681 Bangalore, Karnataka, India
V9 Avenues Private Limited U45200TG2005PTC047890 Hyderabad, Telangana, India
Kamaldeep Vanijya Private Limited U52110WB2006PTC110891 Na, West Bengal, India
Inter Commerce Pvt Ltd U27204WB1990PTC049747 Kolkata, West Bengal, India
Birmecha Investments Pvt Ltd U65993MH1989PTC324946 Mumbai, Maharashtra, India
Cube Trafin Private Limited U51109WB1996PTC081207 Kolkata, West Bengal, India
Fairfax India U65929MH2019FLC327141 Mumbai, Maharashtra, India
Sri Vedha Venkateswara Finance Private Limited U65191TN1994PTC028617 Chennai, Tamil Nadu, India
12

Who Uses This Report

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

Verify Checons Ltd before audits and certifications: compliance score 76/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Checons 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: Favourable lending indicators. Credit risk score 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Checons Ltd - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 85/100, distress signals and MSME payment-delay disclosures - know whether Checons Ltd 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 Checons Ltd - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Checons Ltd an active company?

Checons Ltd has MCA status “Active” with a compliance score of 76/100 (Low Risk).

Is Checons Ltd financially healthy?

Checons Ltd has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.

Should I do business with Checons Ltd?

Its overall Trust Score is 85/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Checons Ltd?

Promoters hold a majority stake - exact percentages are in the full report. 5 active director(s) are on record.

Does Checons Ltd have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Checons Ltd up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 76/100 (Low Risk).

Is it risky to lend to Checons Ltd?

Its Credit Risk Score is 70/100 (Moderate). Banker verdict: Favourable lending indicators.

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.