Choksi Laboratories Limited - Due diligence report

A 360° intelligence report on Choksi Laboratories: trust score, financial health, credit view, compliance, directors, growth and distress si…

1993-01-29 Indore, Madhya Pradesh Active Listed Active Compliant
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CL Choksi Laboratories Limited
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Choksi Laboratories — 360° Intelligence Report

Generated from MCA filings & public records
72/100
Trust Score
Moderate

Choksi Laboratories is assessed as Moderate with a Trust Score of 72/100. Choksi Laboratories is an active public limited indian non-government company incorporated in 1993, operating in the Pharma sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Choksi Laboratories Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
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
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
55/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
35/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
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: 55/100 Moderate
  • Open charges exceed net worth - secured lenders rank ahead.
  • Profitable - internal accruals available.

Charges position: 10 open (31.69 cr) · 28 satisfied (47.52 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India8 48.0 cr
Uco Bank10 48.0 cr
Bank Of India8 48.0 cr
Axis Bank Limited1 48.0 cr
Hdfc Bank Limited6 48.0 cr
Others2 48.0 cr
Compliance Score: 55/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: BSE.
  • Litigation present in 1 court forum(s).
  • Delayed payments to MSME suppliers disclosed (25 disclosure(s)).
  • 3 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 35/100
NameDIN / PANDesignationAppointedTenureDIN status
MEENAXI PATIDAR 01234567 Director 01/04/2018 6 yrs Approved
RAGHMENDRA SINGH 01234567 Director 01/04/2018 6 yrs Approved
Prachi Mantri 01234567 Director 01/04/2018 6 yrs Approved
PRAKHAR DUBEY 01234567 Director 01/04/2018 6 yrs Approved
ABHA SHASTRI 01234567 Director 01/04/2018 6 yrs Approved
Mr. Vyangesh Choksi 01234567 Director 01/04/2018 6 yrs Approved
VYANGESH CHOKSI 01234567 Director 01/04/2018 6 yrs Approved
HIMIKA CHOKSI 01234567 Director 01/04/2018 6 yrs Approved
SUNIL KUMAR CHOKSI 01234567 Director 01/04/2018 6 yrs Approved
STELA CHOKSI 01234567 Director 01/04/2018 6 yrs Approved
  • 10 directors on the board.
  • HIMIKA CHOKSI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 5 director exits in 3 years - high churn.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

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 the largest single block of equity - exact percentages are part of the full report.

Key managerial personnel: Mr. Vyangesh Choksi (CFO) · VYANGESH CHOKSI (Whole-time director) · HIMIKA CHOKSI (Whole-time director) · SUNIL KUMAR CHOKSI (Managing Director) · STELA CHOKSI (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 90
Growth signals & trust indicators
Profit expanded 38% year-on-year.
Net margin improved to 1.42.
EPFO headcount growing - hiring signal.
Operating for 33+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (55/100).
10 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 3.14 Lakh.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence71/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment64/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 10 open charge(s) of 31.69 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
16 Sep 2025
Last AGM held
Annual general meeting
29 Aug 2025
Charge satisfied
Canara Bank
31 May 2025
Charge created
Hdfc Bank Limited - 12.50 Lakh
31 Mar 2025
Latest balance sheet
Filed with ROC
23 Jan 2025
Charge created
State Bank Of India - 6.75 cr
11 Sep 2024
Charge satisfied
Canara Bank
21 May 2024
Charge created
Hdfc Bank Limited - 50.00 Lakh
30 Apr 2024
Director ceased
Prachi Mantri
Director ceased
ABHA SHASTRI
01 Apr 2024
Director appointed
ABHA SHASTRI (Director)
31 Mar 2024
Director ceased
SUDARSHAN SHASTRI
03 Feb 2024
Director appointed
Prachi Mantri (Director)
Charge satisfied
Hdfc Bank Limited
08 Jan 2024
Director ceased
NANOO KRISHNA MANI
10 Oct 2023
Charge created
State Bank Of India - 68.00 Lakh
10

Key Observations

Auto-generated from the data above
Revenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
10 active director(s) / partner(s); review board churn before relying on management continuity.
3 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Kitco India U74140KL1972GOI002425 Ernakulam, Kerala, India
Harji Engineering Works Private Limited U74899DL1982PTC014899 New Delhi, Delhi, India
C. E. Testing Company Pvt. Ltd. U74920WB1988PTC045778 Kolkata, West Bengal, India
Accuspeed Engineering Services India Private Limited U64201TN1999PTC041778 Chennai, Tamil Nadu, India
Windor India U51101MH2010PTC204798 Mumbai, Maharashtra, India
Ini Design Studio Private Limited U93090GJ2007FTC050392 Ahmedabad, Gujarat, India
Rsp Build Projects U74999KA2016PTC093742 Bengaluru, Karnataka, India
Seela Infratech Private Limited U74900DL2013PTC262067 New Delhi, Delhi, India
12

Who Uses This Report

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

Verify Choksi Laboratories before audits and certifications: compliance score 55/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Choksi Laboratories: 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: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Choksi Laboratories - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Choksi Laboratories 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 Choksi Laboratories - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Choksi Laboratories an active company?

Choksi Laboratories has MCA status “Active” with a compliance score of 55/100 (Moderate).

Is Choksi Laboratories financially healthy?

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

Should I do business with Choksi Laboratories?

Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Choksi Laboratories?

Promoters hold the largest single block of equity - exact percentages are in the full report. 10 active director(s) are on record.

Does Choksi Laboratories have loans or charges against its assets?

10 open charge(s) are registered against its assets, and 28 earlier charge(s) stand satisfied.

Is Choksi Laboratories up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 55/100 (Moderate).

Is it risky to lend to Choksi Laboratories?

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.