Garware Construction Limited - Due diligence report

A 360° intelligence report on Garware Construction Limited: trust score, financial health, credit view, compliance, directors, growth and di…

1995-03-20 Mumbai, Maharashtra Active Unlisted Active Compliant
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Garware Construction Limited — 360° Intelligence Report

Generated from MCA filings & public records
82/100
Trust Score
Low Risk

Garware Construction Limited is assessed as Low Risk with a Trust Score of 82/100. Garware Construction Limited is an active public limited indian non-government company incorporated in 1995, operating in the Infrastructure and Utilities sector. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 29 Jun 2026 from the latest processed filings. Garware Construction Limited snapshot & full profile →

Financial Health › Neutral
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
82/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
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.

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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: 55/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 38%).

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
NISHKA NIHAL GARWARE 01234567 Director 01/04/2018 6 yrs Approved
NIKITA NIHAL GARWARE 01234567 Director 01/04/2018 6 yrs Approved
VIHAAN GARWARE 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2023 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
-
Group entities
1
Capital events
2 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Garware Finance Corporation Ltd Associate Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 75
Growth signals & trust indicators
Operating for 31+ years.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence87/100
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 assessment65/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view58/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
30 Sep 2022
Director ceased
VIHAAN GARWARE
19 May 2022
Director ceased
NIHAL CHANDRAKANT GARWARE
18 May 2022
Director appointed
VIHAAN GARWARE (Director)
16 Sep 2019
Director ceased
NISHKA NIHAL GARWARE
04 Apr 2018
Director appointed
NISHKA NIHAL GARWARE (Director)
23 Mar 2018
Director ceased
PRAKASH LAXMAN JADHAV
17 Mar 2017
Securities allotted
200000 Equity Shares - 20.00 Lakh raised
16 Mar 2016
Securities allotted
150000 Equity Shares - 15.00 Lakh raised
15 Jul 2013
Director appointed
NIKITA NIHAL GARWARE (Director)
Director ceased
FRITZ TRASIS DSILVA
Director ceased
NIRAD DHIRAJLAL MEHTA
20 Dec 2012
Director ceased
ANITA CHANDRAKANT GARWARE
Director ceased
NIKITA NIHAL GARWARE
10

Key Observations

Auto-generated from the data above
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold the largest single block of equity as per the FY 2023 annual return.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Get Sanitizeit Private Limited U74110HR2008PTC093854 Dlf Qe, Haryana, India
Laurel Energetics Private Limited U74999DL2010PTC202269 New Delhi, Delhi, India
Ishom Residency Private Limited U74999GA2018PTC013518 Goa, Goa, India
Nomads Properties Private Limited U70200KA2019PTC121682 Bangalore, Karnataka, India
Clickwell Buildtech Private Limited U45400DL2007PTC162688 Delhi, Delhi, India
44 Noida Infratech (Nine) Private Limited U70109DL2012PTC241879 Delhi, Delhi, India
Safa Constructions Private Limited U45200KL2011PTC028873 Pallikkara, Kerala, India
Aqua Pumps Private Limited U29309PN2000PTC015473 Pune, Maharashtra, India
12

Who Uses This Report

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

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

Company Secretaries (CS)

Track statutory health of Garware Construction 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 55/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Garware Construction Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 82/100, distress signals and MSME payment-delay disclosures - know whether Garware Construction Limited 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 Garware Construction Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Garware Construction Limited an active company?

Garware Construction Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Garware Construction Limited financially healthy?

Garware Construction Limited has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.

Should I do business with Garware Construction Limited?

Its overall Trust Score is 82/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Garware Construction Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 3 active director(s) are on record.

Does Garware Construction Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Garware Construction Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Garware Construction Limited?

Its Credit Risk Score is 55/100 (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.