Citicon Engineers Limited - Due diligence report

A 360° intelligence report on Citicon Engineers Limited: trust score, financial health, credit view, compliance, directors, growth and distr…

1999-03-08 Bhubaneswar, Orissa Active Unlisted Active Compliant
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CE Citicon Engineers Limited
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Citicon Engineers Limited — 360° Intelligence Report

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

Citicon Engineers Limited is assessed as Moderate with a Trust Score of 72/100. Citicon Engineers Limited is an active public limited indian non-government company incorporated in 1999, operating in the Real Estate and Construction sector. Reported revenue has declined 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 moderate financial risk profile.

Report generated on 08 Jul 2026 from the latest processed filings. Citicon Engineers Limited snapshot & full profile →

Financial Health › Good
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 ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
86/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
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.

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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: 50/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Profitable - internal accruals available.

Charges position: 6 open (1.07 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Karnataka Bank Ltd.2 48.0 cr
Others1 48.0 cr
Karnataka Bank Limited2 48.0 cr
Allahabad Bank1 48.0 cr
Compliance Score: 86/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
ANTARYAMI BADU 01234567 Director 01/04/2018 6 yrs Approved
MADHUMITA PARIDA 01234567 Director 01/04/2018 6 yrs Approved
MUKTIKANTA BADU 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • ANTARYAMI BADU has DIN status "Disqualified by RoC u/s 164(2)".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
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 2021 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
6 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Key managerial personnel: ANTARYAMI BADU (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 65 · Distress 70
Growth signals & trust indicators
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 27+ years.
Distress signals & risk flags
Negative net worth.
6 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 diligence77/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 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.
  • 6 open charge(s) of 1.07 cr already registered.
  • Compliance record supports lending.
Investor view63/100
Mixed 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
30 Sep 2025
Last AGM held
Annual general meeting
26 Sep 2025
Charge created
Others - 30.00 Lakh
31 Mar 2025
Latest balance sheet
Filed with ROC
02 Jun 2022
Director appointed
MADHUMITA PARIDA (Director)
30 Sep 2016
Director ceased
BAISHNABA CHARAN BADU
31 Aug 2015
Director ceased
ARUN JYOTI PATNAIK
08 Dec 2014
Securities allotted
18000 Equity Shares Without Differential Rights - 9.00 Lakh raised
25 Mar 2013
Securities allotted
300000 Equity Shares Without Differential Rights - 30.00 Lakh raised
03 Dec 2012
Director ceased
MADHUMITA PARIDA
30 Mar 2011
Securities allotted
200000 Equity Shares Without Differential Rights - 20.00 Lakh raised
01 Feb 2011
Securities allotted
700000 Equity Shares Without Differential Rights - 70.00 Lakh raised
06 Jan 2010
Charge created
Karnataka Bank Limited - 6.25 Lakh
28 Dec 2009
Securities allotted
150000 Equity Shares Without Differential Rights - 15.00 Lakh raised
08 Dec 2009
Securities allotted
150000 Equity Shares Without Differential Rights - 15.00 Lakh raised
19 May 2009
Charge created
Karnataka Bank Limited - 6.90 Lakh
10

Key Observations

Auto-generated from the data above
Revenue declined 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Silver Key Developers Private Limited U45200MH2005PTC155186 Nashik, Maharashtra, India
Horns Projects Private Limited U45309AP2016PTC103683 Vijayawada, Andhra Pradesh, India
Kirtimaan Constructions Private Limited U74899DL2001PTC109354 New Delhi, Delhi, India
Kabeer Reality Private Limited U45200MP2007PTC019372 Indore, Madhya Pradesh, India
Excellent Vincom Private Limited U52100WB2007PTC117361 Kolkata, West Bengal, India
Tristar Accommodations Private Limited U55101TZ1990PTC002797 Coimbatore, Tamil Nadu, India
K P S B Infratech Private Limited U70102UP2012PTC050664 Agra, Uttar Pradesh, India
Pebble Downtown India Private Limited U70100HR2007PTC037315 Faridabad, Haryana, India
12

Who Uses This Report

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

Verify Citicon Engineers Limited before audits and certifications: compliance score 86/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Citicon Engineers 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: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 65/100, margin trends, ownership structure and peer set for Citicon Engineers Limited - 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 Citicon Engineers 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 Citicon Engineers Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Citicon Engineers Limited an active company?

Citicon Engineers Limited has MCA status “Active” with a compliance score of 86/100 (Low Risk).

Is Citicon Engineers Limited financially healthy?

Citicon Engineers Limited has a Financial Health Score of 55/100 (Moderate) based on its filed financial statements.

Should I do business with Citicon Engineers Limited?

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 Citicon Engineers Limited?

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

Does Citicon Engineers Limited have loans or charges against its assets?

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

Is Citicon Engineers Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 86/100 (Low Risk).

Is it risky to lend to Citicon Engineers Limited?

Its Credit Risk Score is 50/100 (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.