Promoter holding
64.27%
EC
Euro Ceramices - Due diligence report
A 360° intelligence report on Euro Ceramices: trust score, financial health, credit view, compliance, directors, growth and distress signals…
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Euro Ceramices — 360° Intelligence Report
Generated from MCA filings & public records37/100
Trust Score
Caution Indicated
Euro Ceramices is assessed as Caution Indicated with a Trust Score of 37/100. Euro Ceramices is a public limited indian non-government company incorporated in 2002, operating in the Manufacturing 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 high compliance risk and high financial risk profile.
Report generated on 06 Oct 2026 from the latest processed filings. Euro Ceramics Limited snapshot & full profile →
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 & explainableTrust ScoreCaution Indicated
37/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
20/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
10/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores 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: 40/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
Charges position: 17 open (1,846.69 cr) · 24 satisfied (352.92 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 9 | 48.0 cr |
| The Cosmos Co-Op. Bank Limited | 5 | 48.0 cr |
| 3I Infotech Trusteeship Services Limited | 2 | 48.0 cr |
| Cosmos Co Op Bank | 1 | 48.0 cr |
| Bank Of India | 1 | 48.0 cr |
| Cosmos Co-Op. Bank Limited | 1 | 48.0 cr |
Compliance Score: 5/100 Caution Indicated
- Company status is "Under Liquidation" - not Active.
- Marked ACTIVE non-compliant (INC-22A).
- Last balance sheet is for Mar 2018 - filings overdue.
- Flagged by authority: BANKS, BSE, NSE.
- Litigation present in 4 court forum(s).
- 1 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| DHAVAL VINOD GADA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| GAUTAM SURYA PRASAD PANDIT | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PARESH KANJI SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| LATA TUSHAR MEHTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PARESH KANJI SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NENSHI LADHABHAI SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NENSHI LADHABHAI SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VIRAL TALAKSHI NANDU | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 8 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2019 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
1
Group entities
1
Capital events
6 allotment(s) · 0 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Euro Merchandise (india) Limited | Subsidiary Company | 74.00% |
Key managerial personnel: PARESH KANJI SHAH (CFO) · PARESH KANJI SHAH (CFO) · NENSHI LADHABHAI SHAH (CEO) · NENSHI LADHABHAI SHAH (CEO) · VIRAL TALAKSHI NANDU (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 40 · Distress 10
Growth signals & trust indicators
Operating for 24+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 38% in a year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Under Liquidation.
Compliance score is weak (5/100).
17 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence16/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 5 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment25/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 17 open charge(s) of 1,846.69 cr already registered.
- Compliance gaps should be priced into terms.
Investor view32/100
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 team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events04 Sep 2020
Director ceased
VIRAL TALAKSHI NANDU
28 Sep 2018
Last AGM held
Annual general meeting
31 Mar 2018
Latest balance sheet
Filed with ROC
29 Sep 2017
Director ceased
GAUTAM SURYA PRASAD PANDIT
30 May 2017
Director appointed
GAUTAM SURYA PRASAD PANDIT (Director)
22 May 2017
Charge satisfied
Hdfc Bank Limited
12 Apr 2017
Charge satisfied
Bank Of India
07 Apr 2017
Charge satisfied
3I Infotech Trusteeship Services Limited
25 Mar 2017
Director ceased
MUKUND MANUBHAI MODI
01 Mar 2017
Charge satisfied
Indusind Bank Ltd.
30 Sep 2016
Director appointed
DHAVAL VINOD GADA (Director)
Director appointed
LATA TUSHAR MEHTA (Director)
Director appointed
VIRAL TALAKSHI NANDU (Whole-time director)
Director ceased
PRATIK KUMAR SHAH
Director ceased
AMIT ASHWIN NANDU
10
Key Observations
Auto-generated from the data aboveRevenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
8 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2019 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.
| Company | CIN | Location |
|---|---|---|
| Vsv Jewel Tech Private Limited | U36996TZ2012PTC019029 | Coimbatore, Tamil Nadu, India |
| Saria Agrotech Private Limited | U01400WB2001PTC093475 | Dist Dakshin Dinajpur, West Bengal, India |
| Bajat Pulses Private Limited | U15313RJ1995PTC011045 | Sanganer, Rajasthan, India |
| Prayer Dhoop Agarbatti Private Limited | U24248DL2005PTC140098 | New Delhi, Delhi, India |
| Impact Safety Glass Works Private Limited | U26101KA1986PTC007575 | Bangalore, Karnataka, India |
| Chaudhary Ingots Private Limited | U27104UP2001PTC026354 | Uttar Pradesh, Uttar Pradesh, India |
| Shroff Textiles | U17100MH1966PLC013537 | Mumbai, Maharashtra, India |
| Medium Packaging Private Limited | U74950DL2006PTC153075 | Shakti Nagar, Delhi, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Euro Ceramices before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Euro Ceramices: 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 40/100, 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 Euro Ceramices - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 37/100, distress signals and MSME payment-delay disclosures - know whether Euro Ceramices pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Euro Ceramices - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Euro Ceramices an active company?
Euro Ceramices has MCA status “Under Liquidation” with a compliance score of 5/100 (Caution Indicated).
Is Euro Ceramices financially healthy?
Euro Ceramices has a Financial Health Score of 20/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Euro Ceramices?
Its overall Trust Score is 37/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Euro Ceramices?
Promoters hold a minority stake - exact percentages are in the full report. 8 active director(s) are on record.
Does Euro Ceramices have loans or charges against its assets?
17 open charge(s) are registered against its assets, and 24 earlier charge(s) stand satisfied.
Is Euro Ceramices up to date with its ROC filings?
Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 5/100 (Caution Indicated).
Is it risky to lend to Euro Ceramices?
Its Credit Risk Score is 40/100 (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.
