Facor Steels Limited - Due diligence report

A 360° intelligence report on Facor Steels Limited: trust score, financial health, credit view, compliance, directors, growth and distress s…

2004-05-13 Nagpur, Maharashtra Under Liquidation Listed Active Non-Compliant
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FS Facor Steels Limited
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Facor Steels Limited — 360° Intelligence Report

Generated from MCA filings & public records
25/100
Trust Score
Caution Indicated

Facor Steels Limited is assessed as Caution Indicated with a Trust Score of 25/100. Facor Steels Limited is a public limited indian non-government company incorporated in 2004, operating in the Metals and Minerals 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 18 Jul 2026 from the latest processed filings. Facor Steels Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Caution
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
25/100
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
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
5/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 2 open (154.25 cr) · 6 satisfied (67.13 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Bank Of India As Lead Consortium Bank1 48.0 cr
Bank Of India Limited1 48.0 cr
State Bank Of India1 48.0 cr
Indian Overseas Bank1 48.0 cr
Central Bank Of India2 48.0 cr
Syndicate Bank1 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 2015 - filings overdue.
  • Flagged by authority: SEBI, CDSL, NCLT.
  • Litigation present in 3 court forum(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
ANAND SADASHIV KAPRE 01234567 Director 01/04/2018 6 yrs Approved
MAHENDRA BHAWANJI THAKER 01234567 Director 01/04/2018 6 yrs Approved
NARAYAN DAS SARAF 01234567 Director 01/04/2018 6 yrs Approved
KESHAORAO ATMARAM PARDHI 01234567 Director 01/04/2018 6 yrs Approved
ANURAG MURLIDHARJI SARAF 01234567 Director 01/04/2018 6 yrs Approved
MOHANDAS ADIGE SHENOY 01234567 Director 01/04/2018 6 yrs Approved
CHAMPAKA RANGACHARI 01234567 Director 01/04/2018 6 yrs Approved
VINODKUMAR VITHALDASJI SARAF 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • NARAYAN DAS SARAF 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 2015)
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 2016 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
7 allotment(s) · 0 transfer(s)

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

Key managerial personnel: VINODKUMAR VITHALDASJI SARAF (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 5
Growth signals & trust indicators
Operating for 22+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Under Liquidation.
Compliance score is weak (5/100).
2 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence11/100
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 assessment21/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 154.25 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view24/100
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 churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
28 Sep 2015
Director ceased
CHAMPAKA RANGACHARI
Last AGM held
Annual general meeting
31 Mar 2015
Latest balance sheet
Filed with ROC
30 Mar 2015
Director appointed
CHAMPAKA RANGACHARI (Director)
11 Sep 2014
Director ceased
KESHAORAO ATMARAM PARDHI
30 Jul 2014
Director ceased
ARYE ZVI DAVID BEREST
18 Apr 2014
Director appointed
KESHAORAO ATMARAM PARDHI (Director)
30 Oct 2013
Director ceased
ACHINTYA KARATI
29 May 2013
Director ceased
NARAYAN DAS SARAF
09 Apr 2013
Director ceased
VIBHU BAKHRU
14 Mar 2013
Securities allotted
679000.00 Preference Shares - 6.79 cr raised
Securities allotted
99000.00 Preference Shares - 99.00 Lakh raised
Director ceased
ANURAG MURLIDHARJI SARAF
24 Sep 2012
Director ceased
RAJ KAMAL RAO
Director ceased
MOHANDAS ADIGE SHENOY
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 1 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
8 active director(s) / partner(s); review board churn before relying on management continuity.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2016 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
Sreenivasa Sheetmetal Products Private Limited U28910KA2012PTC063808 Bangalore, Karnataka, India
Prithvifabs U02899KA1985PTC006728 Bangalore, Karnataka, India
Chetan Tube-Pack Private Limited U28910MH2014PTC257761 Aurangabad, Maharashtra, India
Anand Zenner Company Private Limited U33122KL1996PTC010044 Ernakulam, Kerala, India
Metal Austinizers Private Limited U27320KA2004PTC034663 Bangalore, Karnataka, India
Zircast Precision Private Limited U29246KA2011PTC056569 Bangalore, Karnataka, India
Narayan Alloys And Metals Pvt Ltd U28999GJ1995PTC027153 Ahmedabad, Gujarat, India
Vasundhra Sintered U74999DL1999PTC100139 Delhi, Delhi, India
12

Who Uses This Report

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

Verify Facor Steels Limited 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 Facor Steels 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: 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 Facor Steels Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 25/100, distress signals and MSME payment-delay disclosures - know whether Facor Steels Limited 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 Facor Steels Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Facor Steels Limited an active company?

Facor Steels Limited has MCA status “Under Liquidation” with a compliance score of 5/100 (Caution Indicated).

Is Facor Steels Limited financially healthy?

Facor Steels Limited has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Facor Steels Limited?

Its overall Trust Score is 25/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Facor Steels Limited?

Promoters hold a majority stake - exact percentages are in the full report. 8 active director(s) are on record.

Does Facor Steels Limited have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 6 earlier charge(s) stand satisfied.

Is Facor Steels Limited 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 Facor Steels Limited?

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.