Claris Limited - Due diligence report

A 360° intelligence report on Claris Injectables: trust score, financial health, credit view, compliance, directors, growth and distress sig…

2013-08-29 Ellisbridge, Gujarat Active Unlisted Active Compliant
CL Claris Limited
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Claris Injectables — 360° Intelligence Report

Generated from MCA filings & public records
69/100
Trust Score
Moderate

Claris Injectables is assessed as Moderate with a Trust Score of 69/100. Claris Injectables is an active public limited indian non-government company incorporated in 2013, operating in the Business Services 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 moderate financial risk profile.

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

Overall Assessment CautionWeakNeutralGoodStrong 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
69/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
66/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 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: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.

Charges position: 2 open (153.00 cr) · 14 satisfied (1,126.42 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others10 48.0 cr
Idbi Trusteeship Services Limited3 48.0 cr
Ecl Finance Limited1 48.0 cr
Indian Overseas Bank2 48.0 cr
Compliance Score: 66/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 2 court forum(s).
  • Delayed payments to MSME suppliers disclosed (92 disclosure(s)).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
ARJUN SUSHILKUMAR HANDA 01234567 Director 01/04/2018 6 yrs Approved
ROOPESH MADAN 01234567 Director 01/04/2018 6 yrs Approved
Hardik Pankajkumar Dagli 01234567 Director 01/04/2018 6 yrs Approved
K H KANJARIA 01234567 Director 01/04/2018 6 yrs Approved
MILINA PURNENDU BOSE 01234567 Director 01/04/2018 6 yrs Approved
SHYAMSUNDER KASHIRAM SHARMA 01234567 Director 01/04/2018 6 yrs Approved
AMIT SURESHKUMAR SHARMA 01234567 Director 01/04/2018 6 yrs Approved
Hardik Pankajkumar Dagli 01234567 Director 01/04/2018 6 yrs Approved
Ashu Jain 01234567 Director 01/04/2018 6 yrs Approved
  • 9 directors on the board.
  • No disqualified or deactivated DINs.
  • 2 director exit(s) in the last 3 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
6
Group entities
6
Capital events
4 allotment(s) · 3 transfer(s)

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

Group entityRelationship% held
Abellon Cleanenergy Ghana Limited Subsidiary Company 74.00%
Abellon Cleanenergy Limited Subsidiary Company 74.00%
Catalys Venture Cap Limited Subsidiary Company 74.00%
Claris Capital Limited Subsidiary Company 74.00%
Bhavnagar Biomass Power Projects Private Limited Subsidiary Company 74.00%
Abellon Co-gen Limited Subsidiary Company 74.00%
Abellon Goodsteps Limited Subsidiary Company 74.00%
Claris Lifesciences Colombia Limitada Subsidiary Company 74.00%
Claris Middle East Fz Llc Subsidiary Company 74.00%
Claris Sterione Subsidiary Company 74.00%

Key managerial personnel: Hardik Pankajkumar Dagli (CFO) · SHYAMSUNDER KASHIRAM SHARMA (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 60
Growth signals & trust indicators
Operating for 12+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
2 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 1.20 cr.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence65/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment56/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 153.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view51/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
10 Nov 2025
Director appointed
Ashu Jain (Company Secretary)
31 Dec 2024
Director ceased
KIRITKUMAR HIMATLAL KANJARIA
15 Dec 2024
Last AGM held
Annual general meeting
13 Dec 2024
Director ceased
ROOPESH MADAN
27 Nov 2024
Director appointed
AMIT SURESHKUMAR SHARMA (Additional Director)
11 Oct 2024
Director appointed
Hardik Pankajkumar Dagli (Cfo)
08 Oct 2024
Director appointed
Hardik Pankajkumar Dagli (CFO)
03 Oct 2024
Charge satisfied
Others
31 Mar 2024
Latest balance sheet
Filed with ROC
11 Jan 2024
Director appointed
ROOPESH MADAN (Director)
26 Sep 2023
Charge created
Others - 150.00 cr
31 Aug 2023
Charge satisfied
Others
19 Jun 2023
Charge satisfied
Indian Overseas Bank
15 May 2023
Charge satisfied
Others
07 Oct 2022
Charge created
Others - 16.80 cr
10

Key Observations

Auto-generated from the data above
Revenue 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 - manageable leverage.
Net worth is positive.
9 active director(s) / partner(s); board looks stable and experienced.
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 dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Kcp Exports Private Limited U51909DL2005PTC138357 New Delhi, Delhi, India
Avp Crafts Private Limited U36999RJ2020PTC072514 Jaipur, Rajasthan, India
Furgonomics By Untitled Private Limited U36100DL2021PTC388815 Delhi, Delhi, India
Aman Ventures Private Limited U52100HR2015PTC055829 Gurgaon, Haryana, India
Bhavya Srishti Udyog Private Limited U27320CT2019PTC009813 Bemetara, Chattisgarh, India
D.A.V. Containers Private Limited U21023HR2008PTC038088 Ladwa, Haryana, India
Kuche7 Manufacturing Private Limited U36999MH2019PTC327994 Mumbai, Maharashtra, India
Nec Packaging Limited U21029PB1995PLC016532 Punjab, Punjab, India
12

Who Uses This Report

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

Verify Claris Injectables before audits and certifications: compliance score 66/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Claris Injectables: 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: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Claris Injectables - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 69/100, distress signals and MSME payment-delay disclosures - know whether Claris Injectables 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 Claris Injectables - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Claris Injectables an active company?

Claris Injectables has MCA status “Active” with a compliance score of 66/100 (Moderate).

Is Claris Injectables financially healthy?

Claris Injectables has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.

Should I do business with Claris Injectables?

Its overall Trust Score is 69/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Claris Injectables?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 9 active director(s) are on record.

Does Claris Injectables have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 14 earlier charge(s) stand satisfied.

Is Claris Injectables up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 66/100 (Moderate).

Is it risky to lend to Claris Injectables?

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.