Epigral Limited - Due diligence report

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

2007-09-11 Ahmadabad City, Gujarat Active Listed Active Compliant
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Meghmani — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Meghmani is assessed as Low Risk with a Trust Score of 80/100. Meghmani is an active public limited indian non-government company incorporated in 2007, operating in the Chemicals and Materials 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 high compliance risk and low financial risk profile.

Report generated on 27 Jun 2026 from the latest processed filings. Epigral Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Neutral

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
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
48/100
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
95/100
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.

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

Charges position: 4 open (1,584.75 cr) · 16 satisfied (2,310.50 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India6 48.0 cr
Hdfc Bank Limited4 48.0 cr
Others2 48.0 cr
Axis Bank Limited2 48.0 cr
Icici Bank Limited2 48.0 cr
Standard Chartered Bank2 48.0 cr
Compliance Score: 48/100 Caution Indicated
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: BSE.
  • Litigation present in 2 court forum(s).
  • Delayed payments to MSME suppliers disclosed (2430 disclosure(s)).
  • 2 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
KARANA RAMESHBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
PRIYANKA VISHAL CHOPRA 01234567 Director 01/04/2018 6 yrs Approved
MAULIK JAYANTIBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
RAJU SWAMY 01234567 Director 01/04/2018 6 yrs Approved
ANKIT NATWARLAL PATEL 01234567 Director 01/04/2018 6 yrs Approved
MANUBHAI KHODIDAS PATEL 01234567 Director 01/04/2018 6 yrs Approved
GAURANG GHANSHYAM TRIVEDI 01234567 Director 01/04/2018 6 yrs Approved
DARSHAN ANANDBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
KAUSHAL ASHISHBHAI SOPARKAR 01234567 Director 01/04/2018 6 yrs Approved
KAUSHAL ASHISHBHAI SOPARKAR 01234567 Director 01/04/2018 6 yrs Approved
KANUBHAI SHAKARABHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
SANJAY KHATAU ASHER 01234567 Director 01/04/2018 6 yrs Approved
Rakesh Shyamlalji Agrawal 01234567 Director 01/04/2018 6 yrs Approved
  • 13 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2025)
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 2025 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
1
Capital events
7 allotment(s) · 4 transfer(s)

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

Group entityRelationship% held
Renew Green (gjs Three) Private Limited Associate Company 74.00%

Key managerial personnel: MAULIK JAYANTIBHAI PATEL (Managing Director) · KAUSHAL ASHISHBHAI SOPARKAR (CEO) · KAUSHAL ASHISHBHAI SOPARKAR (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
Net margin improved to 61%.
EPFO headcount growing - hiring signal.
Operating for 18+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (48/100).
4 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 94.37 cr.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence70/100
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 assessment83/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 1,584.75 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view91/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
15 Nov 2025
Director appointed
Rakesh Shyamlalji Agrawal (Cfo)
30 Sep 2025
Director ceased
SANJAY SURENDRA JAIN
28 Jun 2025
Last AGM held
Annual general meeting
14 May 2025
Director ceased
PRIYANKA VISHAL CHOPRA
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Feb 2025
Director appointed
PRIYANKA VISHAL CHOPRA (Director)
29 Jan 2025
Charge satisfied
Hdfc Bank Limited
02 Jan 2025
Charge satisfied
State Bank Of India
07 Dec 2024
Charge satisfied
Others
05 Dec 2024
Charge satisfied
Hdfc Bank Limited
12 Jun 2024
Charge created
Axis Bank Limited - 350.00 cr
20 May 2024
Director appointed
GAURANG GHANSHYAM TRIVEDI (Company Secretary)
22 Apr 2024
Director ceased
KAMLESH MEHTA
Charge created
Axis Bank Limited - 350.00 cr
05 Mar 2024
Charge satisfied
Hdfc Bank Limited
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.
13 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of A from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Salubrity Biotech Limited L24100WB1990PLC048591 Kolkata, West Bengal, India
Glenmark Life Sciences L74900PN2011PLC139963 Solapur, Maharashtra, India
Biocon L24234KA1978PLC003417 Bengaluru, Karnataka, India
Sudarshan L24119PN1951PLC008409 Pune, Maharashtra, India
Balmer Lawrie & Company L15492WB1924GOI004835 Kolkata, West Bengal, India
Dhampur Sugar Mills L15249UP1933PLC000511 Dhampur, Uttar Pradesh, India
Laxmi L24200MH1989PLC051736 Mahad, Maharashtra, India
Galaxysurfactants L39877MH1986PLC039877 Navi Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Meghmani before audits and certifications: compliance score 48/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Meghmani: 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 95/100, margin trends, ownership structure and peer set for Meghmani - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Meghmani 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 Meghmani - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Meghmani an active company?

Meghmani has MCA status “Active” with a compliance score of 48/100 (Caution Indicated).

Is Meghmani financially healthy?

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

Should I do business with Meghmani?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Meghmani?

Promoters hold a majority stake - exact percentages are in the full report. 13 active director(s) are on record.

Does Meghmani have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 16 earlier charge(s) stand satisfied.

Is Meghmani up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 48/100 (Caution Indicated).

Is it risky to lend to Meghmani?

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.