Clockwork Business Solutions Private Limited - Due diligence report

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

2003-11-10 Bangalore, Karnataka Active Unlisted Active Compliant
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CB Clockwork Business Solutions Private Limited
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Clockwork — 360° Intelligence Report

Generated from MCA filings & public records
87/100
Trust Score
Low Risk

Clockwork is assessed as Low Risk with a Trust Score of 87/100. Clockwork is an active private limited indian non-government company incorporated in 2003, operating in the Information Technology 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. Clockwork Business Solutions Private Limited 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
87/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
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: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 1 satisfied (92.48 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Axis Bank Limited1 48.0 cr
Compliance Score: 93/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
AISHWARYA MANKARE 01234567 Director 01/04/2018 6 yrs Approved
DEVINDRA VAIJINATHAPPA MANKARE 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • 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
Mbd Solutions Limited, Mauritius
Subsidiaries
-
Group entities
-
Capital events
6 allotment(s) · 3 transfer(s)

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

Group entityRelationship% held
Wits Solutions Private Limited Subsidiary Company 74.00%
Mbd Solutions Limited, Mauritius Holding Company 74.00%

Key managerial personnel: DEVINDRA VAIJINATHAPPA MANKARE (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 65
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Operating for 22+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
1 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.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment90/100
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 view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
19 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
15 Jul 2023
Charge satisfied
Axis Bank Limited
16 Jun 2022
Director ceased
SRINIVASAN BAKTHAVATHSALAM
25 Nov 2021
Director ceased
ASHWANI KUMAR SINGH
Director ceased
AISHWARYA MANKARE
17 Nov 2021
Director ceased
MURLIDHAR BHAMIDIPATI
02 Nov 2021
Director appointed
AISHWARYA MANKARE (Director)
31 Mar 2020
Share transfer (FY 2020)
245000.00000000 shares to Devindra Vaijinathappa Mankare
Share transfer (FY 2020)
5000.00000000 shares to Aishwarya Mankare
Share transfer (FY 2020)
500000.00000000 shares to Devindra Vaijinathappa Mankare
15 Apr 2019
Director ceased
AMIT GARG
Director ceased
DEVINDRA VAIJINATHAPPA MANKARE
31 Jan 2019
Director ceased
POOJA SINGH MINI
14 Jan 2019
Director appointed
DEVINDRA VAIJINATHAPPA MANKARE (Managing Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
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 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Bafflelabs India Private Limited U72502KA2022PTC160445 Bangalore, Karnataka, India
Dadiji Infotech Private Limited U72200UP2021PTC148522 Birhana Road, Uttar Pradesh, India
Torfac India U72900HR2021PTC092557 Gurgaon, Haryana, India
Mithi U72300PN1993PTC072002 Pune, Maharashtra, India
Cabinetworks Services India Private Limited U36103PN2019FTC185818 Haveli, Maharashtra, India
Squareops Technologies Private Limited U72200HR2019PTC080146 Gurgaon, Haryana, India
Aarialife Technologies U72200GJ2017PTC099714 Ahmedabad, Gujarat, India
Iconnect Info Solutions Private Limited U74900MH2013PTC251380 Thane West, Maharashtra, India
12

Who Uses This Report

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

Verify Clockwork before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Clockwork: 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 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 60/100, margin trends, ownership structure and peer set for Clockwork - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 87/100, distress signals and MSME payment-delay disclosures - know whether Clockwork 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 Clockwork - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Clockwork an active company?

Clockwork has MCA status “Active” with a compliance score of 93/100 (Low Risk).

Is Clockwork financially healthy?

Clockwork has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Clockwork?

Its overall Trust Score is 87/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Clockwork?

The ultimate holding entity is Mbd Solutions Limited, Mauritius. 2 active director(s) are on record.

Does Clockwork have loans or charges against its assets?

No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Clockwork up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).

Is it risky to lend to Clockwork?

Its Credit Risk Score is 95/100 (Low Risk). 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.