Promoter holding
64.27%
FM
Fortune Metals Limited - Due diligence report
A 360° intelligence report on Fortune Metals Limited: trust score, financial health, credit view, compliance, directors, growth and distress…
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Fortune Metals Limited — 360° Intelligence Report
Generated from MCA filings & public records73/100
Trust Score
Moderate
Fortune Metals Limited is assessed as Moderate with a Trust Score of 73/100. Fortune Metals Limited is an active public limited indian non-government company incorporated in 2004, operating in the Manufacturing 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 high compliance risk and low financial risk profile.
Report generated on 21 Jul 2026 from the latest processed filings. Fortune Metals 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 ScoreModerate
73/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
28/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
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: 50/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (D).
Charges position: 11 open (255.20 cr) · 17 satisfied (489.88 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 5 | 48.0 cr |
| Sbicap Trustee Company Limited | 3 | 48.0 cr |
| Others | 7 | 48.0 cr |
| State Bank Of Patiala | 4 | 48.0 cr |
| Centurion Bank Of Punjab Limited | 1 | 48.0 cr |
| Punjab & Sind Bank | 1 | 48.0 cr |
Compliance Score: 28/100 Caution Indicated
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Flagged by authority: BANKS.
- Litigation present in 3 court forum(s).
- 1 auditor resignation(s) filed - latest: Anju Aggarwal & Associates on 2015-03-10.
- 4 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SAURABH BANSAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SATISH KUMAR NAGPAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| HARPAL SINGH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BHAGWAN DASS BANSAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DEEP BANSAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 5 directors on the board.
- No disqualified or deactivated DINs.
- 1 director exit(s) in the last 3 years.
- 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
-
Group entities
1
Capital events
22 allotment(s) · 1 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Global Transmission Private Limited | Associate Company | 74.00% |
Key managerial personnel: BHAGWAN DASS BANSAL (Whole-time director) · DEEP BANSAL (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 95 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
Operating for 21+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (28/100).
11 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence60/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment56/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 11 open charge(s) of 255.20 cr already registered.
- Compliance gaps should be priced into terms.
Investor view88/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events16 Jul 2025
Charge created
Hdfc Bank Limited - 2.69 cr
29 Mar 2025
Charge satisfied
State Bank Of India
Charge satisfied
Others
20 Jan 2025
Charge created
Sbicap Trustee Company Limited - 20.00 cr
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
05 Mar 2024
Charge created
Others - 6.36 cr
29 Sep 2023
Director ceased
HARPAL SINGH
26 Jul 2023
Charge created
Others - 20.00 cr
17 Sep 2022
Director appointed
SATISH KUMAR NAGPAL (Nominee Director)
Director appointed
HARPAL SINGH (Director)
11 Mar 2022
Securities allotted
188648 Equity Shares - 2.74 cr raised
09 Mar 2022
Securities allotted
570373 Equity Shares - 8.27 cr raised
19 Feb 2022
Securities allotted
9339 Debentures - 93.39 cr raised
04 Feb 2022
Charge created
Sbicap Trustee Company Limited - 100.00 cr
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
5 active director(s) / partner(s); board looks stable and experienced.
4 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of D from Brickwork.
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 22 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Nakoda | U27109CT2000PLC014186 | Raipur, Chattisgarh, India |
| Sundaramalloys | U23201WB2007PLC118619 | Kolkata, West Bengal, India |
| Avon Steel Industries | U35921PB1999PTC022236 | Ludhiana, Punjab, India |
| Ykk India Private Limited | U74899DL1995PTC072725 | New Delhi, Delhi, India |
| N.N. Ispat Private Limited | U27109WB2004PTC099963 | Kolkata, West Bengal, India |
| Timken Engineering And Research - India Private Limited | U74200KA1998PTC023894 | Bangalore, Karnataka, India |
| Rajuri Steels & Tmt Bars Private Limited | U27300MH2004PTC147506 | Jalna, Maharashtra, India |
| Bright Metals (India) Private Limited | U25201RJ1990PTC005477 | Jaipur, Rajasthan, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Fortune Metals Limited before audits and certifications: compliance score 28/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Fortune Metals 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: Mixed indicators - deeper appraisal suggested. Credit risk score 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Fortune Metals Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 73/100, distress signals and MSME payment-delay disclosures - know whether Fortune Metals 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 Fortune Metals Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Fortune Metals Limited an active company?
Fortune Metals Limited has MCA status “Active” with a compliance score of 28/100 (Caution Indicated).
Is Fortune Metals Limited financially healthy?
Fortune Metals Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.
Should I do business with Fortune Metals Limited?
Its overall Trust Score is 73/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Fortune Metals Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 5 active director(s) are on record.
Does Fortune Metals Limited have loans or charges against its assets?
11 open charge(s) are registered against its assets, and 17 earlier charge(s) stand satisfied.
Is Fortune Metals Limited up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 28/100 (Caution Indicated).
Is it risky to lend to Fortune Metals Limited?
Its Credit Risk Score is 50/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
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.
