First Winner Industries Limited - Due diligence report

A 360° intelligence report on First Winner Industries Limited: trust score, financial health, credit view, compliance, directors, growth and…

2003-01-22 Mumbai, Maharashtra Active Listed Active Non-Compliant
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First Winner Industries Limited — 360° Intelligence Report

Generated from MCA filings & public records
45/100
Trust Score
Caution Indicated

First Winner Industries Limited is assessed as Caution Indicated with a Trust Score of 45/100. First Winner Industries Limited is an active public limited indian non-government company incorporated in 2003, operating in the Home & Lifestyle 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 25 Sep 2026 from the latest processed filings. First Winner Industries Limited snapshot & full profile →

Financial Health › Weak
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
45/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
18/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
30/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
20/100
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 ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 4 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: 20/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).

Charges position: 5 open (153.44 cr) · 4 satisfied (22.55 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Edelweiss Asset Reconstruction Company Limited4 48.0 cr
Bank Of India2 48.0 cr
Union Bank Of India1 48.0 cr
State Bank Of Indore1 48.0 cr
Allahabad Bank1 48.0 cr
Compliance Score: 18/100 Caution Indicated
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2017 - filings overdue.
  • Flagged by authority: BANKS, NSE, SEBI.
  • Litigation present in 1 court forum(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
NAND KISHORE TIWARI 01234567 Director 01/04/2018 6 yrs Approved
RINKU INDRAKUMAR PATODIA 01234567 Director 01/04/2018 6 yrs Approved
ANITA R PATODIA 01234567 Director 01/04/2018 6 yrs Approved
RINKU INDRAKUMAR PATODIA 01234567 Director 01/04/2018 6 yrs Approved
ANITA RINKU PATODIA 01234567 Director 01/04/2018 6 yrs Approved
Anita Rinku Patodia 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • NAND KISHORE TIWARI 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 2017)
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 2017 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
6
Group entities
8
Capital events
4 allotment(s) · 0 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Group entityRelationship% held
First Winner Lifestyle Limited Subsidiary Company 74.00%
Pal Trading Company Private Limited Subsidiary Company 74.00%
Ramshyam Textile Industries Limited Subsidiary Company 74.00%
Solitaire Texfeb And Traders Private Limited Associate Company 74.00%

Key managerial personnel: RINKU INDRAKUMAR PATODIA (Managing Director) · ANITA R PATODIA (CFO) · RINKU INDRAKUMAR PATODIA (CEO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 65
Growth signals & trust indicators
Operating for 23+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Statutory filings appear overdue.
Compliance score is weak (18/100).
5 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence40/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment22/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 5 open charge(s) of 153.44 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view38/100
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
10 Oct 2019
Director ceased
BINOD KUMAR TIWARI
Director ceased
PRIYANKA RAJESH UPADHYAY
29 Sep 2017
Last AGM held
Annual general meeting
31 Mar 2017
Latest balance sheet
Filed with ROC
01 Aug 2015
Director appointed
RINKU INDRAKUMAR PATODIA (Managing Director)
Director appointed
RINKU INDRAKUMAR PATODIA (CEO)
31 Mar 2015
Director appointed
NAND KISHORE TIWARI (Director)
Director appointed
ANITA R PATODIA (CFO)
Director appointed
Anita Rinku Patodia (Cfo)
28 Oct 2014
Director ceased
MITHILESH KUMAR SINHA
25 Dec 2013
Director ceased
BRIJGOPAL BAJRANGLAL AGARWAL
29 Aug 2012
Director ceased
ANIL GUPTA
19 Jan 2012
Securities allotted
25000000 Equity Shares Without Differential Rights - 50.00 cr raised
09 Jan 2012
Charge created
Edelweiss Asset Reconstruction Company Limited - 35.00 cr
20 Dec 2011
Securities allotted
25000000 Equity Shares Without Differential Rights - 50.00 cr raised
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 3 financial year(s).
Debt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
6 active director(s) / partner(s); review board churn before relying on management continuity.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2017 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
The Ilex Business Solutions Private Limited U74140RJ2014PTC045588 Jaipur, Rajasthan, India
Binnovative Pharma Private Limited U51397MH2004PTC145154 Nashik, Maharashtra, India
Amdia Impexter Private Limited U74999MH1997PTC110006 Mumbai, Maharashtra, India
Lyons Portfolio Managers Pvt Ltd U74140WB1992PTC055397 Kolkata, West Bengal, India
S L Bansal Securities Private Limited U67120GJ1997PTC033455 Vadodara, Gujarat, India
Saroj Distillery Private Limited U15400WB2012PTC174081 Kolkata, West Bengal, India
Velens Pharmaceuticals Private Limited U24233MP2014PTC032763 Narshingpur, Madhya Pradesh, India
Haily Exports Private Limited U74120HR2010PTC039900 Faridabad, Haryana, India
12

Who Uses This Report

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

Verify First Winner Industries Limited before audits and certifications: compliance score 18/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of First Winner Industries 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 20/100, 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 First Winner Industries Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 45/100, distress signals and MSME payment-delay disclosures - know whether First Winner Industries Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for First Winner Industries Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is First Winner Industries Limited an active company?

First Winner Industries Limited has MCA status “Active” with a compliance score of 18/100 (Caution Indicated).

Is First Winner Industries Limited financially healthy?

First Winner Industries Limited has a Financial Health Score of 30/100 (Caution Indicated) based on its filed financial statements.

Should I do business with First Winner Industries Limited?

Its overall Trust Score is 45/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls First Winner Industries Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 6 active director(s) are on record.

Does First Winner Industries Limited have loans or charges against its assets?

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

Is First Winner Industries Limited up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 18/100 (Caution Indicated).

Is it risky to lend to First Winner Industries Limited?

Its Credit Risk Score is 20/100 (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.