Cygnet Technologies Private Limited - Due diligence report

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

2010-03-25 Thane, Maharashtra Active Unlisted Active Compliant
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Cygnet Technologies — 360° Intelligence Report

Generated from MCA filings & public records
52/100
Trust Score
Moderate

Cygnet Technologies is assessed as Moderate with a Trust Score of 52/100. Cygnet Technologies is an active private limited indian non-government company incorporated in 2010, operating in the Healthcare 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 low compliance risk and high financial risk profile.

Report generated on 12 Jul 2026 from the latest processed filings. Cygnet Technologies Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Neutral
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
52/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
78/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

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

Compliance Score: 78/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 auditor resignation(s) filed - latest: RAMESH MISHRA & CO on 2021-10-11.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
SHYAMA MADHAVAN 01234567 Director 01/04/2018 6 yrs Approved
PRASANTH PRABHAKARAN ELEDATH 01234567 Director 01/04/2018 6 yrs Approved
JAY MANSUKHBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
PRACHI SHETH 01234567 Director 01/04/2018 6 yrs Approved
RATHEESH SREENARAYANAN NAIR 01234567 Director 01/04/2018 6 yrs Approved
  • 5 directors on the board.
  • PRACHI SHETH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 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
Watch Your Health.com India Private Limited
Subsidiaries
-
Group entities
1
Capital events
3 allotment(s) · 7 transfer(s)

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

Group entityRelationship% held
Watch Your Health.com India Private Limited Holding Company 74.00%
Lemon Green Private Limited Associate Company 74.00%

Key managerial personnel: RATHEESH SREENARAYANAN NAIR (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 40
Growth signals & trust indicators
Operating for 16+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
1 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence59/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment41/100
Enhanced diligence advised
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 view31/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
28 Sep 2023
Director ceased
PRASANTH PRABHAKARAN ELEDATH
16 Nov 2022
Director appointed
PRASANTH PRABHAKARAN ELEDATH (Director)
30 Sep 2022
Director ceased
JAY MANSUKHBHAI PATEL
Director ceased
PRACHI SHETH
30 Jul 2022
Director appointed
JAY MANSUKHBHAI PATEL (Director)
Director appointed
PRACHI SHETH (Director)
31 Mar 2021
Share transfer (FY 2021)
150000.00000000 shares to Patel Mansukhbhai Patel
Share transfer (FY 2021)
150000.00000000 shares to Ratheesh Nair
Share transfer (FY 2021)
100000.00000000 shares to Prachi Kumarpal Sheth
20 Aug 2018
Director ceased
RATHEESH SREENARAYANAN NAIR
31 Mar 2018
Share transfer (FY 2018)
150000.00000000 shares to Jay Patel
01 Aug 2016
Securities allotted
1000000 Equity Shares - 1.00 cr raised
31 Mar 2016
Share transfer (FY 2016)
55000.00000000 shares to Shayama
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Compliance record is strong - status, filings and flags are clean.
5 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
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 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Quizkart Technology Private Limited U72900KA2020FTC141616 Bangalore, Karnataka, India
Trinity Live Media Services Private Limited U22120MH1990PTC059230 Mulund, Maharashtra, India
Zeetsoft Tech Private Limited U72900MP2019PTC050516 Bhopal, Madhya Pradesh, India
Nuronics Labs Private Limited U74999TG2017PTC121302 Hyderababd, Telangana, India
Payment Network.Com Private Limited U72900DL2020PTC369905 Delhi, Delhi, India
Eighteen 83 Media Tech Private Limited U74999KA2020PTC139632 Bangalore, Karnataka, India
C2H Network Private Limited U22219TN2014PTC096744 Chennai, Tamil Nadu, India
H G Entertainment Technology Limited U92190MH1989PLC053338 Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Cygnet Technologies before audits and certifications: compliance score 78/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Cygnet Technologies: 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: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Cygnet Technologies - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 52/100, distress signals and MSME payment-delay disclosures - know whether Cygnet Technologies pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Cygnet Technologies - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Cygnet Technologies an active company?

Cygnet Technologies has MCA status “Active” with a compliance score of 78/100 (Low Risk).

Is Cygnet Technologies financially healthy?

Cygnet Technologies has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Cygnet Technologies?

Its overall Trust Score is 52/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Cygnet Technologies?

The ultimate holding entity is Watch Your Health.com India Private Limited. 5 active director(s) are on record.

Does Cygnet Technologies have loans or charges against its assets?

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

Is Cygnet Technologies up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 78/100 (Low Risk).

Is it risky to lend to Cygnet Technologies?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.