Promoter holding
64.27%
FE
Flash Electronics (India) Private Limited - Due diligence report
A 360° intelligence report on Flash Electronics: trust score, financial health, credit view, compliance, directors, growth and distress sign…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Flash Electronics — 360° Intelligence Report
Generated from MCA filings & public records77/100
Trust Score
Low Risk
Flash Electronics is assessed as Low Risk with a Trust Score of 77/100. Flash Electronics is an active private limited indian non-government company incorporated in 1989, operating in the Automotive 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 low compliance risk and low financial risk profile.
Report generated on 16 Jul 2026 from the latest processed filings. Flash Electronics (India) Private 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 ScoreLow Risk
77/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
85/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
35/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
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: 55/100 Moderate
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 38%).
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (A-).
Charges position: 28 open (599.39 cr) · 34 satisfied (565.78 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 14 | 48.0 cr |
| Axis Bank Limited | 7 | 48.0 cr |
| Hdfc Bank Limited | 20 | 48.0 cr |
| 3I Infotech Trusteeship Services Limited | 6 | 48.0 cr |
| Icici Bank Limited | 5 | 48.0 cr |
| Citibank N. A. | 2 | 48.0 cr |
Compliance Score: 85/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 1 court forum(s).
- Delayed payments to MSME suppliers disclosed (332 disclosure(s)).
- 4 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 35/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SANJEEV VASDEV | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| GAURAV VASDEV | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHOK MINDA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANJAY VIDHYADHAR DESHPANDE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AAKASH MINDA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Ashok Kumar | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 6 directors on the board.
- SANJAY VIDHYADHAR DESHPANDE has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 7 director exits in 3 years - high churn.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| 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 2023 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
7 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Flash Holding Gmbh | Subsidiary Company | 74.00% |
| Flash Viven Machining Technologies Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: SANJEEV VASDEV (Managing Director) · SANJAY VIDHYADHAR DESHPANDE (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 80
Growth signals & trust indicators
Steady revenue growth: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 36+ years.
Active GST registration(s).
Distress signals & risk flags
6 director exits within 2 years.
28 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 125.86 cr.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence81/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment70/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 28 open charge(s) of 599.39 cr already registered.
- Compliance record supports lending.
Investor view77/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events08 Aug 2025
Last AGM held
Annual general meeting
06 Aug 2025
Charge satisfied
Others
01 Aug 2025
Charge created
Axis Bank Limited - 178.04 cr
04 Jun 2025
Charge satisfied
Others
31 Mar 2025
Latest balance sheet
Filed with ROC
11 Mar 2025
Charge created
Hdfc Bank Limited - 40.00 cr
25 Jan 2025
Director appointed
ASHOK MINDA (Director)
Director appointed
AAKASH MINDA (Director)
Director ceased
ASHOK MINDA
Director ceased
AAKASH MINDA
07 Jan 2025
Director ceased
PARMEET VASDEV
18 Dec 2024
Charge satisfied
Others
13 Nov 2024
Director appointed
Ashok Kumar (Company Secretary)
08 Nov 2024
Director ceased
SONIA KATHURIA
Director ceased
NARINDER PAUL KATHURIA
10
Key Observations
Auto-generated from the data aboveRevenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 active director(s) / partner(s); review board churn before relying on management continuity.
4 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A- from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 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.
15 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Fuji Electric India Private Limited | U51109TN2009FTC140602 | Chennai, Tamil Nadu, India |
| Flashgroup | U29253DL2013PTC256198 | New Delhi, Delhi, India |
| Mersen India Private Limited | U14294KA1995PTC016996 | Bangalore, Karnataka, India |
| Supreme | U24116WB1978PTC031466 | Kolkata, West Bengal, India |
| Syano India | U45200DL2007PLC158316 | New Delhi, Delhi, India |
| Malu Electrodes Private Limited | U31200MH1990PTC058024 | Nagpur, Maharashtra, India |
| Alfalaval | U29299PN1937PTC002732 | Pune, Maharashtra, India |
| Eureka Forbes | U27109MH1931PLC353890 | Mumbai, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Flash Electronics before audits and certifications: compliance score 85/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Flash Electronics: 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 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Flash Electronics - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 77/100, distress signals and MSME payment-delay disclosures - know whether Flash Electronics 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 Flash Electronics - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Flash Electronics an active company?
Flash Electronics has MCA status “Active” with a compliance score of 85/100 (Low Risk).
Is Flash Electronics financially healthy?
Flash Electronics has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.
Should I do business with Flash Electronics?
Its overall Trust Score is 77/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Flash Electronics?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 6 active director(s) are on record.
Does Flash Electronics have loans or charges against its assets?
28 open charge(s) are registered against its assets, and 34 earlier charge(s) stand satisfied.
Is Flash Electronics up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 85/100 (Low Risk).
Is it risky to lend to Flash Electronics?
Its Credit Risk Score is 55/100 (Moderate). 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.
