Elgi Rubber Company Limited - Due diligence report

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

1981-05-13 Coimbatore, Tamil Nadu Amalgamated Listed
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Elgi Rubber — 360° Intelligence Report

Generated from MCA filings & public records
47/100
Trust Score
Caution Indicated

Elgi Rubber is assessed as Caution Indicated with a Trust Score of 47/100. Elgi Rubber is a public limited indian non-government company incorporated in 1981, operating in the Manufacturing sector. Processed financial statements are not yet available for trend analysis. Based on MCA filings and public records, it currently shows a high compliance risk and an unassessed financial risk profile.

Report generated on 11 Aug 2026 from the latest processed filings. Elgi Rubber Company Limited snapshot & full profile →

Financial Health › No Data
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Caution

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 ScoreCaution Indicated
47/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
16/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreNo Data
N/A
No processed financial statements available yet.
Credit Risk ScoreNo Data
N/A
Financial statements needed for a credit view.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreNo Data
N/A
Needs at least two filed years to measure growth.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

No processed financials
Financial statements are not yet processed for this company. Trend analysis will appear once filings are available.
04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: N/A No Data
  • Financial statements needed for a credit view.

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

Compliance Score: 16/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2010 - filings overdue.
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
PANCHAPAKESAN VIJAY RAGHUNATH 01234567 Director 01/04/2018 6 yrs Approved
MUTHUSWAMY DORAISWAMI SELVARAJ 01234567 Director 01/04/2018 6 yrs Approved
VIJAYALAKSHMI K 01234567 Director 01/04/2018 6 yrs Approved
SURESH JAGANNATHAN 01234567 Director 01/04/2018 6 yrs Approved
SRIVATSAN COIMBATORE NATARAJAN 01234567 Director 01/04/2018 6 yrs Approved
MUTHUSWAMY JOHN EDWARD 01234567 Director 01/04/2018 6 yrs Approved
SUDARSAN VARADARAJ 01234567 Director 01/04/2018 6 yrs Approved
JAIRAM VARADARAJ 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • MUTHUSWAMY JOHN EDWARD has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

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
-

Key managerial personnel: SUDARSAN VARADARAJ (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth N/A · Distress 55
Growth signals & trust indicators
Operating for 45+ years.
Active EPFO - real payroll on record.
Financials unavailable - score leans on compliance and governance signals.
Distress signals & risk flags
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (16/100).
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence37/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • No financials on record - ask for audited statements.
Banker assessment21/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • No filed financials - rely on banking statements and GST data.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view27/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Request management accounts - public filings insufficient.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Aug 2010
Last AGM held
Annual general meeting
19 May 2010
Director ceased
LAXMINAICKENPALAYAM GOVINDASWAMY VARADARAJULU
31 Mar 2010
Latest balance sheet
Filed with ROC
09 May 2009
Director appointed
VIJAYALAKSHMI K (Company Secretary)
Director ceased
CHINNASWAMY JAYANTHI
06 Jun 2008
Director appointed
MUTHUSWAMY JOHN EDWARD (Director)
Director ceased
THANGAVEL ASHOK ANAND
12 Apr 2008
Director ceased
CHINNASWAMY THYAGARAJAN
Director ceased
KRISHNASAMY JAYARAMAN
Director ceased
MUTHUSWAMY JOHN EDWARD
21 May 2004
Director appointed
SRIVATSAN COIMBATORE NATARAJAN (Director)
31 Jan 2003
Director appointed
PANCHAPAKESAN VIJAY RAGHUNATH (Director)
07 Jun 2002
Director appointed
JAIRAM VARADARAJ (Director)
30 Jan 2001
Director appointed
MUTHUSWAMY DORAISWAMI SELVARAJ (Director)
Director appointed
SURESH JAGANNATHAN (Director)
10

Key Observations

Auto-generated from the data above
8 active director(s) / partner(s); review board churn before relying on management continuity.
Carries an external credit rating of BB+ from Care.
EPFO-registered employer - verifiable payroll history exists.
71 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
Peer companies will appear here as our matching engine processes this industry.
12

Who Uses This Report

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

Verify Elgi Rubber before audits and certifications: compliance score 16/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Elgi Rubber: 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 pending financials, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score n/a, margin trends, ownership structure and peer set for Elgi Rubber - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 47/100, distress signals and MSME payment-delay disclosures - know whether Elgi Rubber 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 Elgi Rubber - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Elgi Rubber an active company?

Elgi Rubber has MCA status “Amalgamated” with a compliance score of 16/100 (Caution Indicated).

Is Elgi Rubber financially healthy?

Processed financial statements are not yet available for Elgi Rubber, so its financial health is unassessed.

Should I do business with Elgi Rubber?

Its overall Trust Score is 47/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Elgi Rubber?

See the directors and ownership sections above for board and shareholding detail. 8 active director(s) are on record.

Does Elgi Rubber have loans or charges against its assets?

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

Is Elgi Rubber up to date with its ROC filings?

Last balance sheet is for Mar 2010 - filings overdue. Overall compliance score: 16/100 (Caution Indicated).

Is it risky to lend to Elgi Rubber?

Filed financial statements are needed for a credit view - ask the company for audited statements and bank statements.

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.