Promoter holding
64.27%
KP
Konark Projects Limited - Due diligence report
A 360° intelligence report on Konark Projects Limited: trust score, financial health, credit view, compliance, directors, growth and distres…
Konark Projects Limited — 360° Intelligence Report
Generated from MCA filings & public records78/100
Trust Score
Low Risk
Konark Projects Limited is assessed as Low Risk with a Trust Score of 78/100. Konark Projects Limited is an active public limited indian non-government company incorporated in 1998, operating in the Financial Services 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 high compliance risk and low financial risk profile.
Report generated on 12 Jun 2026 from the latest processed filings. Konark Projects Limited snapshot & full profile →
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 & explainableTrust ScoreLow Risk
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
44/100
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
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
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.
Get full accessScores 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 (BBB).
Charges position: 6 open (242.32 cr) · 11 satisfied (80.35 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Axis Bank Limited | 2 | 48.0 cr |
| Others | 8 | 48.0 cr |
| Hdfc Bank Limited | 4 | 48.0 cr |
| The Kalyan Janata Sahakari Bank Ltd | 1 | 48.0 cr |
| Bank Of India | 1 | 48.0 cr |
| The Nav Jeevan Co-Op Bank Limited | 1 | 48.0 cr |
Compliance Score: 44/100 Caution Indicated
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Flagged by authority: EPFO.
- Litigation present in 2 court forum(s).
- 2 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MANISHA AKASH AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAMKISHORE SATYANARAIN KHAIRARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MAHESH SATYANARAYAN KHAIRARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUBHASH SATYANARAYAN KHAIRARI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Pradeep Premchand Bijlani | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Vijay Laxmandas Kavrani | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 6 directors on the board.
- No disqualified or deactivated DINs.
- 2 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / 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
3
Capital events
1 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Regency Nirman Limited | Subsidiary Company | 74.00% |
| Konark Petro Products (india) Private Limited | Associate Company | 74.00% |
| Reliable Plywood Industries (i) Private Lim | Associate Company | 74.00% |
Key managerial personnel: MAHESH SATYANARAYAN KHAIRARI (Managing Director)
Full shareholding pattern, group structure & capital events →
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Risk Intelligence Center
Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 27+ years.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (44/100).
6 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
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Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence68/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment82/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 6 open charge(s) of 242.32 cr already registered.
- Compliance gaps should be priced into terms.
Investor view89/100
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 events24 Apr 2025
Charge satisfied
Others
02 Apr 2025
Director appointed
Pradeep Premchand Bijlani (Director)
Director appointed
Vijay Laxmandas Kavrani (Director)
29 Mar 2025
Director ceased
MANOJ RAMAWTAR LALPURIA
Director ceased
NIRAJ RAMAKANT SHARMA
30 Sep 2024
Last AGM held
Annual general meeting
07 Sep 2024
Charge created
Axis Bank Limited - 125.00 cr
29 May 2024
Charge satisfied
Axis Bank Limited
31 Mar 2024
Latest balance sheet
Filed with ROC
03 May 2023
Charge satisfied
Others
02 May 2023
Charge satisfied
The Kalyan Janata Sahakari Bank Ltd
29 Apr 2023
Charge satisfied
Others
21 Nov 2022
Charge satisfied
Others
25 May 2022
Charge satisfied
Others
31 Mar 2022
Charge created
Others - 35.85 Lakh
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Key Observations
Auto-generated from the data aboveRevenue grew 38% over the last 4 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.
6 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.
Carries an external credit rating of BBB from Crisil.
Promoters hold a dominant controlling 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.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Riico | U13100RJ1969SGC001263 | Jaipur, Rajasthan, India |
| Bajajauto | L65100PN1945PLC004656 | Pune, Maharashtra, India |
| Winro Commercial | L51226MH1983PLC165499 | Mumbai, Maharashtra, India |
| Idfc | L65191TN1997PLC037415 | Chennai, Tamil Nadu, India |
| Npci | U74990MH2008NPL189067 | Mumbai, Maharashtra, India |
| Adroit Share And Stock Broker Private Limited | U67190MH2005PTC158337 | Mumbai, Maharashtra, India |
| Hitachi-Payments | U72100TN2005PTC057463 | Chennai, Tamil Nadu, India |
| Hinduja Leyland Finance | U65993MH2008PLC384221 | Bandra, Maharashtra, India |
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Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Konark Projects Limited before audits and certifications: compliance score 44/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Konark Projects 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: 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 90/100, margin trends, ownership structure and peer set for Konark Projects Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Konark Projects 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 Konark Projects Limited - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Konark Projects Limited an active company?
Konark Projects Limited has MCA status “Active” with a compliance score of 44/100 (Caution Indicated).
Is Konark Projects Limited financially healthy?
Konark Projects Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Konark Projects Limited?
Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Konark Projects Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 6 active director(s) are on record.
Does Konark Projects Limited have loans or charges against its assets?
6 open charge(s) are registered against its assets, and 11 earlier charge(s) stand satisfied.
Is Konark Projects Limited up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 44/100 (Caution Indicated).
Is it risky to lend to Konark Projects Limited?
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.
