Indian Cane Power Limited - Due diligence report

A 360° intelligence report on Indian Cane Power Limited: trust score, financial health, credit view, compliance, directors, growth and distr…

2002-03-01 Davangere, Karnataka Active Unlisted Active Compliant
IC Indian Cane Power Limited
Full Due-Diligence Report + Documents
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  • Director details, charges & MCA documents
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Indian Cane Power Limited — 360° Intelligence Report

Generated from MCA filings & public records
86/100
Trust Score
Low Risk

Indian Cane Power Limited is assessed as Low Risk with a Trust Score of 86/100. Indian Cane Power Limited is an active public limited indian non-government company incorporated in 2002, operating in the Agriculture 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 moderate compliance risk and low financial risk profile.

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

Overall Assessment CautionWeakNeutralGoodStrong 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
86/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
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
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
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.

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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: 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 (BBB-).

Charges position: 17 open (1,146.62 cr) · 21 satisfied (1,661.48 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India5 48.0 cr
Sbicap Trustee Company Limited4 48.0 cr
Others7 48.0 cr
Canara Bank7 48.0 cr
Syndicate Bank1 48.0 cr
Bank Of India5 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 3 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
ARETHOL SANGAPPA NIRANJAN 01234567 Director 01/04/2018 6 yrs Approved
Revanna Vinaykumara 01234567 Director 01/04/2018 6 yrs Approved
ELA GUPTA 01234567 Director 01/04/2018 6 yrs Approved
MALLIKARJUN SAMARTH SHAMANUR 01234567 Director 01/04/2018 6 yrs Approved
Revanna Vinaykumara 01234567 Director 01/04/2018 6 yrs Approved
SHAMANUR SHIVASHANKARAPPA MALLIKARJUN 01234567 Director 01/04/2018 6 yrs Approved
PRABHA MALLIKARJUN 01234567 Director 01/04/2018 6 yrs Approved
PREMCHAND 01234567 Director 01/04/2018 6 yrs Approved
SUBHASH CHAND PAHUJA 01234567 Director 01/04/2018 6 yrs Approved
SHAMANUR SHIVASHANKARAPPA 01234567 Director 01/04/2018 6 yrs Approved
Doddamane Veeranna Ravindra 01234567 Director 01/04/2018 6 yrs Approved
  • 11 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
2
Group entities
2
Capital events
6 allotment(s) · 2 transfer(s)

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

Group entityRelationship% held
Alagawadi Bireshwar Sugars Private Limited Subsidiary Company 74.00%
Someshwar Sugars Limited Subsidiary Company 74.00%

Key managerial personnel: ARETHOL SANGAPPA NIRANJAN (Managing Director) · Revanna Vinaykumara (CFO) · Revanna Vinaykumara (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 24+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
17 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence80/100
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 assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 17 open charge(s) of 1,146.62 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view87/100
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
28 Oct 2025
Charge satisfied
Bank Of India
22 Jun 2025
Director appointed
Doddamane Veeranna Ravindra (Director)
25 Mar 2025
Charge created
Canara Bank - 64.80 cr
19 Mar 2025
Charge created
Others - 36.00 cr
01 Mar 2025
Charge satisfied
Canara Bank
12 Feb 2025
Charge satisfied
Others
30 Dec 2024
Last AGM held
Annual general meeting
05 Nov 2024
Charge created
Bank Of India - 40.00 cr
30 Oct 2024
Charge satisfied
Bank Of India
21 May 2024
Director appointed
ELA GUPTA (Company Secretary)
31 Mar 2024
Latest balance sheet
Filed with ROC
22 Mar 2024
Charge created
State Bank Of India - 375.00 cr
22 Dec 2023
Charge created
Bank Of India - 45.00 cr
06 Nov 2023
Charge satisfied
Bank Of India
25 Sep 2023
Charge created
Others - 40.00 cr
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
11 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 2 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of BBB- from Brickwork.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling 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 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Unilever India Exports Limited U51900MH1963PLC012667 Mumbai, Maharashtra, India
Goodhealth U15549DL2018PTC342711 New Delhi, India
Konkan Agro Marine Industries Private Limited U10100MH1971PTC015424 Nagpur, Maharashtra, India
Federal Agro Industries Private Limited U15400DL2013PTC253044 New Delhi, Delhi, India
Gadre Marine U51223PN1994PTC078366 Ratnagiri, Maharashtra, India
Simbhaoli Sugars L15122UP2011PLC044210 Ghaziabad, Uttar Pradesh, India
Farmgate Agro U15494DL2010PTC211008 Delhi, Delhi, India
Milky Mist U15200TZ2014PLC020554 Erode, Tamil Nadu, India
12

Who Uses This Report

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

Verify Indian Cane Power Limited before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Indian Cane Power 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 85/100, margin trends, ownership structure and peer set for Indian Cane Power Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 86/100, distress signals and MSME payment-delay disclosures - know whether Indian Cane Power 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 Indian Cane Power Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Indian Cane Power Limited an active company?

Indian Cane Power Limited has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Indian Cane Power Limited financially healthy?

Indian Cane Power Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Indian Cane Power Limited?

Its overall Trust Score is 86/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Indian Cane Power Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 11 active director(s) are on record.

Does Indian Cane Power Limited have loans or charges against its assets?

17 open charge(s) are registered against its assets, and 21 earlier charge(s) stand satisfied.

Is Indian Cane Power Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Indian Cane Power 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.