Fluentgrid Limited - Due diligence report

A 360° intelligence report on Fluentgrid: trust score, financial health, credit view, compliance, directors, growth and distress signals - g…

1998-12-04 Visakhapatnam, Andhra Pradesh Active Unlisted Active Compliant
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FL Fluentgrid Limited
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Fluentgrid — 360° Intelligence Report

Generated from MCA filings & public records
88/100
Trust Score
Low Risk

Fluentgrid is assessed as Low Risk with a Trust Score of 88/100. Fluentgrid is an active public limited indian non-government company incorporated in 1998, operating in the Environment 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 moderate compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Fluentgrid Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

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 ScoreLow Risk
88/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
73/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
90/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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 access

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: 90/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (BBB+).

Charges position: 9 open (231.46 cr) · 16 satisfied (209.36 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Indian Bank7 48.0 cr
State Bank Of India2 48.0 cr
Union Bank Of India4 48.0 cr
Hdfc Bank Limited8 48.0 cr
Andhra Pradesh State Financial Corpn1 48.0 cr
Compliance Score: 73/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 1 court forum(s).
  • Delayed payments to MSME suppliers disclosed (9 disclosure(s)).
  • 6 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
VENKATESH KUPPILI 01234567 Director 01/04/2018 6 yrs Approved
VANI GANNAMANI 01234567 Director 01/04/2018 6 yrs Approved
VIPRESH ANAND GANNAMANI 01234567 Director 01/04/2018 6 yrs Approved
SESHA MURALI KRISHNA GANNAMANI 01234567 Director 01/04/2018 6 yrs Approved
Vijaya Bhaskar Chaluvadi 01234567 Director 01/04/2018 6 yrs Approved
Shipra Kamra 01234567 Director 01/04/2018 6 yrs Approved
  • 6 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 2022)
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 2022 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
1
Group entities
1
Capital events
7 allotment(s) · 1 transfer(s)

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

Group entityRelationship% held
Enserve Consultancy Services Private Limited Subsidiary Company 74.00%
Fluentgrid Pte Ltd, Singapore Subsidiary Company 74.00%
Fluentgrid Systems Llc, Usa Subsidiary Company 74.00%
Phoenix Consultancy Services , Afghanistan Subsidiary Company 74.00%

Key managerial personnel: VENKATESH KUPPILI (Whole-time director) · VANI GANNAMANI (Whole-time director) · SESHA MURALI KRISHNA GANNAMANI (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 90
Growth signals & trust indicators
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
EPFO headcount growing - hiring signal.
Operating for 27+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
9 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 23.99 Lakh.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence83/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment87/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 9 open charge(s) of 231.46 cr already registered.
  • Compliance record supports lending.
Investor view79/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
12 Aug 2025
Director appointed
Shipra Kamra (Company Secretary)
25 Jun 2025
Charge created
Hdfc Bank Limited - 1.20 cr
10 Dec 2024
Last AGM held
Annual general meeting
11 Sep 2024
Charge created
Hdfc Bank Limited - 16.07 Lakh
28 Jun 2024
Charge satisfied
Indian Bank
27 Jun 2024
Charge satisfied
Indian Bank
31 Mar 2024
Latest balance sheet
Filed with ROC
28 Dec 2023
Charge created
Hdfc Bank Limited - 46.40 Lakh
08 Nov 2023
Charge created
Hdfc Bank Limited - 30.00 Lakh
30 Sep 2022
Director ceased
VIPRESH ANAND GANNAMANI
25 Jul 2022
Charge created
Hdfc Bank Limited - 17.00 Lakh
31 May 2022
Director ceased
JONNADA VAGHIRA KUMARI
29 Apr 2022
Charge satisfied
Indian Bank
16 Apr 2022
Charge created
Hdfc Bank Limited - 32.00 Lakh
14 Mar 2022
Securities allotted
100000 Equity Shares - 6.50 cr raised
10

Key Observations

Auto-generated from the data above
Revenue declined 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
6 active director(s) / partner(s); board looks stable and experienced.
6 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 BBB+ from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2022 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.
9 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
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Prolifics U72200TG1997PTC033030 Rangareddy, Telangana, India
Techwave Infotech U72200TG2015PTC097221 Hyderabad, Telangana, India
Infoteksoftware U72200PN2000PTC015094 Haveli, Maharashtra, India
Netcon U72200TZ2007PTC013558 Coimbatore South, Tamil Nadu, India
Yellow Messenger U72200KA2016PTC085486 Bangalore South, Karnataka, India
12

Who Uses This Report

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

Verify Fluentgrid before audits and certifications: compliance score 73/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Fluentgrid: 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 90/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 60/100, margin trends, ownership structure and peer set for Fluentgrid - 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 Fluentgrid 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 Fluentgrid - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Fluentgrid an active company?

Fluentgrid has MCA status “Active” with a compliance score of 73/100 (Moderate).

Is Fluentgrid financially healthy?

Fluentgrid has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Fluentgrid?

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 Fluentgrid?

Promoters hold a majority stake - exact percentages are in the full report. 6 active director(s) are on record.

Does Fluentgrid have loans or charges against its assets?

9 open charge(s) are registered against its assets, and 16 earlier charge(s) stand satisfied.

Is Fluentgrid up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 73/100 (Moderate).

Is it risky to lend to Fluentgrid?

Its Credit Risk Score is 90/100 (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.