Hcl Comnet Limited - Due diligence report

A 360° intelligence report on Hcl Comnet Limited: trust score, financial health, credit view, compliance, directors, growth and distress sig…

2001-08-08 New Delhi, Delhi Amalgamated Unlisted Active Compliant
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HC Hcl Comnet Limited
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Hcl Comnet Limited — 360° Intelligence Report

Generated from MCA filings & public records
59/100
Trust Score
Moderate

Hcl Comnet Limited is assessed as Moderate with a Trust Score of 59/100. Hcl Comnet Limited is a public limited indian non-government company incorporated in 2001, operating in the Information Technology 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 high compliance risk and low financial risk profile.

Report generated on 15 Jul 2026 from the latest processed filings. Hcl Comnet Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Caution

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 ScoreModerate
59/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
16/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
75/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
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: 75/100 Low Risk
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (AA).

Charges position: 0 open (-) · 11 satisfied (256.60 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Cisco Systems Capital (India) Private Limited5 48.0 cr
Standard Chartered Bank1 48.0 cr
The Hongkong And Shanghai Banking Corporation Limited1 48.0 cr
Icici Bank Ltd1 48.0 cr
Societe Generale1 48.0 cr
Hdfc Bank Limited2 48.0 cr
Compliance Score: 16/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2019 - filings overdue.
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
RENU KAWATRA 01234567 Director 01/04/2018 6 yrs Approved
PRAHLAD RAI BANSAL 01234567 Director 01/04/2018 6 yrs Approved
MANISH ANAND 01234567 Director 01/04/2018 6 yrs Approved
ATUL KUMAR JAIN 01234567 Director 01/04/2018 6 yrs Approved
POORNIMA ABHAY SAVARGAONKAR 01234567 Director 01/04/2018 6 yrs Approved
  • 5 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 2017)
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 2019 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
Hcl Technologies Limited
Subsidiaries
1
Group entities
1
Capital events
-

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

Group entityRelationship% held
Hcl Training & Staffing Services Private Limited Subsidiary Company 74.00%
Hcl Technologies Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 40
Growth signals & trust indicators
Operating for 24+ years.
Distress signals & risk flags
Revenue declined year-on-year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (16/100).
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence36/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment62/100
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 gaps should be priced into terms.
Investor view59/100
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
26 Sep 2019
Last AGM held
Annual general meeting
31 Mar 2019
Latest balance sheet
Filed with ROC
07 Sep 2018
Charge satisfied
Standard Chartered Bank
05 Mar 2018
Charge satisfied
The Hongkong And Shanghai Banking Corporation Limited
23 May 2015
Director appointed
RENU KAWATRA (Director)
Director appointed
POORNIMA ABHAY SAVARGAONKAR (Director)
18 Sep 2014
Charge satisfied
Hdfc Bank Limited
27 Aug 2014
Charge satisfied
Cisco Systems Capital (India) Private Limited
24 Dec 2013
Director ceased
MANISH ANAND
16 Dec 2013
Charge satisfied
Cisco Systems Capital (India) Private Limited
29 Oct 2013
Charge satisfied
Cisco Systems Capital (India) Private Limited
04 Dec 2012
Director appointed
MANISH ANAND (Director)
Director ceased
VERINDER KHASHU
24 May 2012
Charge created
Hdfc Bank Limited - 6.67 Lakh
11 May 2012
Charge created
Hdfc Bank Limited - 4.72 Lakh
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
5 active director(s) / partner(s); board looks stable and experienced.
All 11 registered charge(s) stand satisfied - past borrowings repaid.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of AA from Icra.
Promoters hold a dominant controlling stake as per the FY 2019 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Resource Infrastructure Management (India) Private Limited U74140KA2011PTC056820 Bangalore, Karnataka, India
Excel It Services Private Limited U72200PN2013PTC146774 Pune, Maharashtra, India
Attune U72200GJ2009PTC058188 Ahmedbad, Gujarat, India
Credent Solutions And Services Private Limited U72900UP2011PTC121133 Bareilly, Uttar Pradesh, India
Transroute Televentures Private Limited U52390KA2009PTC049088 Bangalore, Karnataka, India
Simplex Solutions Private Limited U72200KA1997PTC022845 Bangalore, Karnataka, India
Precitech Enclosures Systems Private Limited U29220DL2008PTC181670 Delhi, Delhi, India
Pgs Premiere Conferencing Private Limited U74110KA2010PTC053351 Bangalore, Karnataka, India
12

Who Uses This Report

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

Verify Hcl Comnet Limited before audits and certifications: compliance score 16/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Hcl Comnet 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 75/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Hcl Comnet Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 59/100, distress signals and MSME payment-delay disclosures - know whether Hcl Comnet Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Hcl Comnet Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Hcl Comnet Limited an active company?

Hcl Comnet Limited has MCA status “Amalgamated” with a compliance score of 16/100 (Caution Indicated).

Is Hcl Comnet Limited financially healthy?

Hcl Comnet Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Hcl Comnet Limited?

Its overall Trust Score is 59/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Hcl Comnet Limited?

The ultimate holding entity is Hcl Technologies Limited. 5 active director(s) are on record.

Does Hcl Comnet Limited have loans or charges against its assets?

No open charges - all 11 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Hcl Comnet Limited up to date with its ROC filings?

Last balance sheet is for Mar 2019 - filings overdue. Overall compliance score: 16/100 (Caution Indicated).

Is it risky to lend to Hcl Comnet Limited?

Its Credit Risk Score is 75/100 (Low Risk). 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.