Dave Engineers Private Limited - Due diligence report

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

2009-11-23 Vadodara, Gujarat Active Unlisted Active Compliant
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Dave Engineers Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
81/100
Trust Score
Low Risk

Dave Engineers Private Limited is assessed as Low Risk with a Trust Score of 81/100. Dave Engineers Private Limited is an active private limited indian non-government company incorporated in 2009, operating in the Machinery and Equipment 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 10 Jul 2026 from the latest processed filings. Dave Engineers 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
81/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
90/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
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: 30/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 4 open (14.78 cr) · 5 satisfied (3.86 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Sidbi3 48.0 cr
Others1 48.0 cr
State Bank Of India3 48.0 cr
Icici Bank Limited1 48.0 cr
State Bank Of India (Small & Medium Enterprises City Credit Center)1 48.0 cr
Compliance Score: 90/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 auditor resignation(s) filed - latest: VIRAL K. SHAH & ASSOCIATES on 2024-07-01.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
PINA DAVE 01234567 Director 01/04/2018 6 yrs Approved
NEHA DAVE 01234567 Director 01/04/2018 6 yrs Approved
PARTH DAVE 01234567 Director 01/04/2018 6 yrs Approved
SHASHIKANT DAVE 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • PARTH DAVE has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
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 2024 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.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 16+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 38% in a year.
4 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence84/100
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 assessment58/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 14.78 cr already registered.
  • Compliance record supports lending.
Investor view82/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
26 Aug 2025
Last AGM held
Annual general meeting
02 Apr 2025
Charge satisfied
State Bank Of India
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Dec 2024
Charge created
Others - 4.50 cr
18 Apr 2024
Charge created
Sidbi - 3.55 cr
28 Feb 2024
Charge created
Sidbi - 3.18 cr
Charge created
Sidbi - 3.55 cr
25 Jan 2024
Director appointed
NEHA DAVE (Director)
Director appointed
PARTH DAVE (Director)
26 Dec 2022
Securities allotted
100000 Equity Shares - 10.00 Lakh raised
16 Oct 2019
Charge satisfied
Icici Bank Limited
26 Sep 2019
Charge satisfied
State Bank Of India (Small & Medium Enterprises City Credit Center)
24 Sep 2019
Charge satisfied
State Bank Of India
06 Feb 2016
Charge created
State Bank Of India - 6.60 Lakh
30 Jul 2015
Securities allotted
50000.00 Equity Shares - 5.00 Lakh raised
10

Key Observations

Auto-generated from the data above
Revenue grew 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 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 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 2024 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
Sentinel Manufacturing India Private Limited U29222PN2014FTC150037 Khed, Maharashtra, India
Meckmills Private Limited U25200KL2014PTC036171 Palakkad, Kerala, India
Blsx Limited U29309TG2022PLC163679 Hyderabad, Telangana, India
Daxter Polymers Private Limited U74120MH2012PTC231920 Mumbai, Maharashtra, India
Nikem Drugs Private Limited U24232MP2002PTC015469 Indore, Madhya Pradesh, India
Dabs Packaging Private Limited U25199DD2018PTC009936 Daman, Daman And Diu, India
Afenterprisesltd L18100DL1983PLC016354 New Delhi, Delhi, India
Callidus Research Laboratories U24200PN2015PTC153675 Pune, Maharashtra, India
12

Who Uses This Report

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

Verify Dave Engineers Private Limited before audits and certifications: compliance score 90/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Dave Engineers Private 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 30/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Dave Engineers Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 81/100, distress signals and MSME payment-delay disclosures - know whether Dave Engineers Private Limited 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 Dave Engineers Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Dave Engineers Private Limited an active company?

Dave Engineers Private Limited has MCA status “Active” with a compliance score of 90/100 (Low Risk).

Is Dave Engineers Private Limited financially healthy?

Dave Engineers Private Limited has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Dave Engineers Private Limited?

Its overall Trust Score is 81/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Dave Engineers Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Dave Engineers Private Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 5 earlier charge(s) stand satisfied.

Is Dave Engineers Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 90/100 (Low Risk).

Is it risky to lend to Dave Engineers Private Limited?

Its Credit Risk Score is 30/100 (Caution Indicated). 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.