Eastman Cast And Forge Ltd - Due diligence report

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

1986-07-24 New Delhi, Delhi Active Unlisted Active Compliant
Share
Connect MCP
EC Eastman Cast And Forge Ltd
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Eastman Hand Tools — 360° Intelligence Report

Generated from MCA filings & public records
84/100
Trust Score
Low Risk

Eastman Hand Tools is assessed as Low Risk with a Trust Score of 84/100. Eastman Hand Tools is an active public limited indian non-government company incorporated in 1986, 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 moderate compliance risk and low financial risk profile.

Report generated on 25 Jul 2026 from the latest processed filings. Eastman Cast And Forge Ltd snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › 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 ScoreLow Risk
84/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
60/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
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
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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.

Get full access

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.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (BBB-).

Charges position: 2 open (25.50 cr) · 17 satisfied (51.57 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Icici Bank Limited1 48.0 cr
Hdfc Bank Limited1 48.0 cr
Small Industries Development Bank Of India7 48.0 cr
State Bank Of India7 48.0 cr
Sbi Factors And Commercial Services Private Limited1 48.0 cr
Punjab State Indl. Dev Corp. Ltd1 48.0 cr
Compliance Score: 60/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 3 court forum(s).
  • Delayed payments to MSME suppliers disclosed (55 disclosure(s)).
  • 5 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
DARSHANA SINGAL 01234567 Director 01/04/2018 6 yrs Approved
RANJODH SINGH RYAIT 01234567 Director 01/04/2018 6 yrs Approved
VINEET JAIN 01234567 Director 01/04/2018 6 yrs Approved
NARINDER MOHAN 01234567 Director 01/04/2018 6 yrs Approved
SHEKHAR SINGAL 01234567 Director 01/04/2018 6 yrs Approved
JAGDISH RAI SINGAL 01234567 Director 01/04/2018 6 yrs Approved
VANDANA AGGARWAL 01234567 Director 01/04/2018 6 yrs Approved
  • 7 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 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
-
Subsidiaries
-
Group entities
-
Capital events
0 allotment(s) · 7 transfer(s)

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

Key managerial personnel: NARINDER MOHAN (Whole-time director) · JAGDISH RAI SINGAL (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 90
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 40+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
2 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 14.12 Lakh.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence76/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment86/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 25.50 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view90/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
31 Mar 2025
Director ceased
RANJODH SINGH RYAIT
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
10 Apr 2023
Director ceased
SATISH KUMAR VADEHRA
31 Mar 2023
Share transfer (FY 2023)
1000.00000000 shares to JAGDISH RAI SINGAL
Share transfer (FY 2023)
3000.00000000 shares to JAGDISH RAI SINGAL
Share transfer (FY 2023)
1498380.00000000 shares to JRS TRUST
Share transfer (FY 2023)
3.00000000 shares to AMAN SINGAL
Share transfer (FY 2023)
2.00000000 shares to ATUL SINGAL
Share transfer (FY 2023)
3.00000000 shares to SACHIN SINGAL
Share transfer (FY 2023)
2.00000000 shares to NITIN SINGAL
05 Nov 2019
Charge satisfied
Small Industries Development Bank Of India
08 Dec 2018
Director appointed
NARINDER MOHAN (Whole-time director)
Director ceased
NARINDER MOHAN
01 Dec 2018
Director ceased
REEMA JAIN
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - manageable leverage.
Net worth is positive.
7 active director(s) / partner(s); board looks stable and experienced.
5 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of BBB- from Crisil.
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.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Noroo Automotive Coatings India Private Limited U24222TN2007PTC061913 Sriperumbudur, Tamil Nadu, India
Giriraj Iron Limited U51101GJ2011PLC065137 Ahmedabad, Gujarat, India
Mahak Diam Private Limited U51900GJ2011PTC078818 Surat, Gujarat, India
Bimal Papers Private Limited U74899DL1995PTC072931 Delhi, Delhi, India
Slrl Agencies Private Limited U51109WB1999PTC089079 Siliguri, West Bengal, India
Alpharub Trading And Manufacturing Private Limited U25190KL2012PTC030222 Aluva, Kerala, India
Barath Agri U46201TN2001PTC046503 Chennai, Tamil Nadu, India
Ratan Group U74210WB2008PTC121557 Kolkata, West Bengal, India
12

Who Uses This Report

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

Verify Eastman Hand Tools before audits and certifications: compliance score 60/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Eastman Hand Tools: 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 90/100, margin trends, ownership structure and peer set for Eastman Hand Tools - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 84/100, distress signals and MSME payment-delay disclosures - know whether Eastman Hand Tools pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Eastman Hand Tools - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Eastman Hand Tools an active company?

Eastman Hand Tools has MCA status “Active” with a compliance score of 60/100 (Moderate).

Is Eastman Hand Tools financially healthy?

Eastman Hand Tools has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Eastman Hand Tools?

Its overall Trust Score is 84/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Eastman Hand Tools?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 7 active director(s) are on record.

Does Eastman Hand Tools have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 17 earlier charge(s) stand satisfied.

Is Eastman Hand Tools up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 60/100 (Moderate).

Is it risky to lend to Eastman Hand Tools?

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.