Inox India Limited - Due diligence report

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

1976-12-21 Vadodara, Gujarat Active Listed Active Compliant
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II Inox India Limited
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Inoxcva — 360° Intelligence Report

Generated from MCA filings & public records
88/100
Trust Score
Low Risk

Inoxcva is assessed as Low Risk with a Trust Score of 88/100. Inoxcva is an active public limited indian non-government company incorporated in 1976, operating in the Musical Instruments 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 low compliance risk and low financial risk profile.

Report generated on 02 Jul 2026 from the latest processed filings. Inox India 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
88/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
78/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 3 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

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: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (A).

Charges position: 7 open (765.00 cr) · 27 satisfied (1,250.25 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others11 48.0 cr
Yes Bank Limited3 48.0 cr
Standard Chartered Bank5 48.0 cr
Hdfc Bank Limited2 48.0 cr
Citi Bank N.A.1 48.0 cr
Ing Vysya Bank Limited2 48.0 cr
Compliance Score: 78/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 2 court forum(s).
  • Delayed payments to MSME suppliers disclosed (10 disclosure(s)).
  • 6 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SHRIKANT SHREENIWAS SOMANI 01234567 Director 01/04/2018 6 yrs Approved
GIRIJA BALAKRISHNAN 01234567 Director 01/04/2018 6 yrs Approved
ISHITA JAIN 01234567 Director 01/04/2018 6 yrs Approved
SIDDHARTH JAIN 01234567 Director 01/04/2018 6 yrs Approved
AMIT MOHAN ADVANI 01234567 Director 01/04/2018 6 yrs Approved
RICHARD JOHN BOOCOCK 01234567 Director 01/04/2018 6 yrs Approved
PARAG PADMAKAR KULKARNI 01234567 Director 01/04/2018 6 yrs Approved
PAVAN KUMAR JAIN 01234567 Director 01/04/2018 6 yrs Approved
Pavan Ratanlal Logar 01234567 Director 01/04/2018 6 yrs Approved
Deepak Vyanktesh Acharya 01234567 Director 01/04/2018 6 yrs Approved
Jaymeen Mohanbhai Patel 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 2024)
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 2024 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
-
Capital events
1 allotment(s) · 3 transfer(s)

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

Group entityRelationship% held
Inoxcva Comercio E Industria De Equipamentos Criogenicos Ltda, Brazil Subsidiary Company 74.00%
Inoxcva Europe B.v. Subsidiary Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 80 · Distress 80
Growth signals & trust indicators
Steady revenue growth: +2.1x over 2 year(s).
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 49+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 61% in a year.
7 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 43.96 Lakh.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence82/100
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 assessment91/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 7 open charge(s) of 765.00 cr already registered.
  • Compliance record supports lending.
Investor view87/100
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 events
18 Jun 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
13 Feb 2025
Director appointed
Jaymeen Mohanbhai Patel (Company Secretary)
03 Apr 2024
Charge satisfied
Others
04 Oct 2023
Charge created
Others - 85.00 cr
16 Sep 2023
Charge created
Others - 120.00 cr
10 Nov 2022
Charge satisfied
Others
09 Nov 2022
Charge satisfied
Others
01 Oct 2022
Charge created
Others - 1.42 cr
Charge created
Others - 39.00 Lakh
01 Aug 2022
Director ceased
SHRIKANT SHREENIWAS SOMANI
Director ceased
GIRIJA BALAKRISHNAN
Director ceased
AMIT MOHAN ADVANI
Director ceased
RICHARD JOHN BOOCOCK
16 Jul 2022
Director appointed
SHRIKANT SHREENIWAS SOMANI (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 2 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
11 active director(s) / partner(s); board looks stable and experienced.
6 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of A from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
40 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Borosil L36100MH2010PLC292722 Mumbai, Maharashtra, India
N. Ranga Rao & Sons Private Limited U74900KA2014PTC077891 Mysore, Karnataka, India
Jayant Agro Organics L24100MH1992PLC066691 Mumbai, Maharashtra, India
Wakefit L52590KA2016PLC086582 Bangalore, Karnataka, India
Gold Plus Float Glass Private Limited U26999DL2021PTC375821 Delhi, Delhi, India
Meril Life U24230GJ2011PTC065022 Vapi, Gujarat, India
Ncl Group (India) L33130TG1979PLC002521 Secunderabad, Telangana, India
Stove Kraft L29301KA1999PLC025387 Ramanagar Dist, Karnataka, India
12

Who Uses This Report

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

Verify Inoxcva before audits and certifications: compliance score 78/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Inoxcva: 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 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 80/100, margin trends, ownership structure and peer set for Inoxcva - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 88/100, distress signals and MSME payment-delay disclosures - know whether Inoxcva 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 Inoxcva - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Inoxcva an active company?

Inoxcva has MCA status “Active” with a compliance score of 78/100 (Low Risk).

Is Inoxcva financially healthy?

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

Should I do business with Inoxcva?

Its overall Trust Score is 88/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Inoxcva?

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

Does Inoxcva have loans or charges against its assets?

7 open charge(s) are registered against its assets, and 27 earlier charge(s) stand satisfied.

Is Inoxcva up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 78/100 (Low Risk).

Is it risky to lend to Inoxcva?

Its Credit Risk Score is 95/100 (Low Risk). 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.