Icds Limited - Due diligence report

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

1971-10-21 Karnataka., Karnataka Active Listed Active Compliant
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IL Icds Limited
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Icds — 360° Intelligence Report

Generated from MCA filings & public records
78/100
Trust Score
Low Risk

Icds is assessed as Low Risk with a Trust Score of 78/100. Icds is an active public limited indian non-government company incorporated in 1971, operating in the Financial Services 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 06 Jul 2026 from the latest processed filings. Icds Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Neutral

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
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
50/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
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.

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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: 70/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

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

Compliance Score: 50/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: RBI, EPFO, CLB.
  • Litigation present in 3 court forum(s).
  • 2 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 75/100
NameDIN / PANDesignationAppointedTenureDIN status
SUJIR PRABHAKAR 01234567 Director 01/04/2018 6 yrs Approved
VASUDEVA NAYAK 01234567 Director 01/04/2018 6 yrs Approved
ROOPASHREE ROOPASHREE 01234567 Director 01/04/2018 6 yrs Approved
Katapady Bhujangesha Kamath 01234567 Director 01/04/2018 6 yrs Approved
VEENA HEGDE 01234567 Director 01/04/2018 6 yrs Approved
Jayaram Vittal Prabhu 01234567 Director 01/04/2018 6 yrs Approved
TONSE SACHIN PAI 01234567 Director 01/04/2018 6 yrs Approved
KALSANK KINI UMESH 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • No disqualified or deactivated DINs.
  • 6 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2023)
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 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
1
Group entities
1
Capital events
-

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

Group entityRelationship% held
Manipal Properties Limited Subsidiary Company 74.00%

Key managerial personnel: SUJIR PRABHAKAR (Managing Director) · VASUDEVA NAYAK (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 90
Growth signals & trust indicators
Latest year revenue grew 1.42.
Operating for 54+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (50/100).
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence70/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment72/100
Favourable lending indicators
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 view73/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
25 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
19 Dec 2024
Director ceased
Jayaram Vittal Prabhu
Director ceased
Shrikanth Prabhu
26 Sep 2024
Director appointed
Jayaram Vittal Prabhu (Director)
05 Jan 2024
Director ceased
ROOPASHREE ROOPASHREE
Director ceased
Katapady Bhujangesha Kamath
04 Dec 2023
Director appointed
ROOPASHREE ROOPASHREE (Director)
Director appointed
Katapady Bhujangesha Kamath (Director)
26 Sep 2023
Director ceased
KALSANK KINI UMESH
04 Aug 2023
Director appointed
VASUDEVA NAYAK (CFO)
01 Aug 2023
Director ceased
GOVINDARAYA NAYAK RAMAN
24 Feb 2023
Director appointed
KALSANK KINI UMESH (Director)
10 Aug 2022
Director ceased
SUJIR PRABHAKAR
26 Jul 2020
Director ceased
UDUPI HARISH PANDURANGA SHENOY
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.
8 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority 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.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Mary Developers Pvt Ltd U45203MP1992PTC007148 Gird, Madhya Pradesh, India
Ms Port Terminal Private Limited U70100MH2010PTC209793 Mumbai, Maharashtra, India
Kamal Investments Limited U65993DL1972PLC005968 New Delhi, Delhi, India
Shaw & Sons Engineers & Developers Private Limited U45400WB2008PTC121602 Kolkata, West Bengal, India
Kiranmani Investment And Finance Private Limited U65990MH2006PTC169419 Mumbai, Maharashtra, India
Urbandoor Marrketing Private Limited U70200UP2017PTC092789 Lucknow, Uttar Pradesh, India
Ramkrishna Infra Realty Private Limited U70102WB2012PTC187758 Kolkata, West Bengal, India
Grand Magnum Housing Private Limited U45202TN2005PTC057584 Chennai, Tamil Nadu, India
12

Who Uses This Report

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

Verify Icds before audits and certifications: compliance score 50/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Icds: 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 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 50/100, margin trends, ownership structure and peer set for Icds - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Icds 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 Icds - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Icds an active company?

Icds has MCA status “Active” with a compliance score of 50/100 (Moderate).

Is Icds financially healthy?

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

Should I do business with Icds?

Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Icds?

Promoters hold a majority stake - exact percentages are in the full report. 8 active director(s) are on record.

Does Icds have loans or charges against its assets?

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

Is Icds up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 50/100 (Moderate).

Is it risky to lend to Icds?

Its Credit Risk Score is 70/100 (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.