Promoter holding
64.27%
FE
Fitech Equipments(India)Pvt Ltd - Due diligence report
A 360° intelligence report on Fitech Equipments(India)Pvt Ltd: trust score, financial health, credit view, compliance, directors, growth and…
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Fitech Equipments(India)Pvt Ltd — 360° Intelligence Report
Generated from MCA filings & public records88/100
Trust Score
Low Risk
Fitech Equipments(India)Pvt Ltd is assessed as Low Risk with a Trust Score of 88/100. Fitech Equipments(India)Pvt Ltd is an active private limited indian non-government company incorporated in 1986, operating in the Machinery and Equipment sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 21 Jul 2026 from the latest processed filings. Fitech Equipments(India)Pvt Ltd 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 ScoreLow Risk
88/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
80/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
85/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
55/100
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.
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: 85/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 2 open (30.00 cr) · 4 satisfied (24.49 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Hdfc Bank Limited | 3 | 48.0 cr |
| Bank Of Baroda | 2 | 48.0 cr |
| Others | 1 | 48.0 cr |
Compliance Score: 80/100 Low Risk
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Delayed payments to MSME suppliers disclosed (12 disclosure(s)).
- 1 active GST registration(s).
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MILIND ASHOK SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NIRALI MITUL SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MITUL BHARAT SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BANSRI MILIND SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BHARAT JAYANTILAL SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| LEENA BHARAT SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHOK JAYANTILAL SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 7 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 2024)
| 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 2024 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
-
Group entities
-
Capital events
2 allotment(s) · 11 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Key managerial personnel: BHARAT JAYANTILAL SHAH (Managing Director) · ASHOK JAYANTILAL SHAH (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 55 · Distress 90
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Net margin improved to 2.1x.
Operating for 40+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
2 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 3.88 Lakh.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence85/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment84/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 2 open charge(s) of 30.00 cr already registered.
- Compliance record supports lending.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events15 Nov 2024
Director appointed
BANSRI MILIND SHAH (Additional Director)
30 Sep 2024
Last AGM held
Annual general meeting
07 Aug 2024
Charge satisfied
Others
31 Mar 2024
Latest balance sheet
Filed with ROC
07 Aug 2023
Charge created
Hdfc Bank Limited - 6.00 cr
31 Mar 2023
Share transfer (FY 2023)
1826.00000000 shares to Milind Ashok Shah
Share transfer (FY 2023)
1825.00000000 shares to Bansari Milind Shah
Share transfer (FY 2023)
1250.00000000 shares to Milind Ashok Shah
31 May 2021
Charge created
Hdfc Bank Limited - 24.00 cr
31 Mar 2020
Share transfer (FY 2020)
1818.00000000 shares to Mitul Bharat Shah
29 Sep 2018
Director ceased
NIRALI MITUL SHAH
Director ceased
LEENA BHARAT SHAH
31 Mar 2018
Share transfer (FY 2018)
1225.00000000 shares to Bharat Jayantilal Shah
Share transfer (FY 2018)
1225.00000000 shares to Ashok Jayantilal Shah
28 Dec 2017
Director appointed
NIRALI MITUL SHAH (Director)
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Key Observations
Auto-generated from the data aboveRevenue declined 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
7 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Gayatri Control And Automation Private Limited | U31900GJ2008PTC053034 | Ahmedabad, Gujarat, India |
| Dmplindia | U25203DL1993PTC056683 | New Delhi, Delhi, India |
| Mash Energy India Private Limited | U29309MH2018FTC314888 | Thane, Maharashtra, India |
| United Engineers Private Limited | U31909OR2008PTC010158 | Bhubaneswar, Orissa, India |
| Eram Power Electronics Private Limited | U73100KA2021FTC155104 | Bangalore, Karnataka, India |
| Sh Sana Enterprises Private Limited | U29308PN2019PTC181907 | Pune, Maharashtra, India |
| Acton Finishing Private Limited | U35999KA2008PTC045485 | Bangalore, Karnataka, India |
| Mittal Blowers India Private Limited | U29100GJ2018PTC102303 | Ahmedabad, Gujarat, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Fitech Equipments(India)Pvt Ltd before audits and certifications: compliance score 80/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Fitech Equipments(India)Pvt Ltd: 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 85/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 55/100, margin trends, ownership structure and peer set for Fitech Equipments(India)Pvt Ltd - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 88/100, distress signals and MSME payment-delay disclosures - know whether Fitech Equipments(India)Pvt Ltd pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Fitech Equipments(India)Pvt Ltd - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Fitech Equipments(India)Pvt Ltd an active company?
Fitech Equipments(India)Pvt Ltd has MCA status “Active” with a compliance score of 80/100 (Low Risk).
Is Fitech Equipments(India)Pvt Ltd financially healthy?
Fitech Equipments(India)Pvt Ltd has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.
Should I do business with Fitech Equipments(India)Pvt Ltd?
Its overall Trust Score is 88/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Fitech Equipments(India)Pvt Ltd?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 7 active director(s) are on record.
Does Fitech Equipments(India)Pvt Ltd have loans or charges against its assets?
2 open charge(s) are registered against its assets, and 4 earlier charge(s) stand satisfied.
Is Fitech Equipments(India)Pvt Ltd up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 80/100 (Low Risk).
Is it risky to lend to Fitech Equipments(India)Pvt Ltd?
Its Credit Risk Score is 85/100 (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.
