M D Devcon Private Limited - Due diligence report

A 360° intelligence report on M D Devcon Private Limited: trust score, financial health, credit view, compliance, directors, growth and dist…

2011-12-23 Mumbai, Maharashtra Strike Off Unlisted
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MD M D Devcon Private Limited
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M D Devcon Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
49/100
Trust Score
Caution Indicated

M D Devcon Private Limited is assessed as Caution Indicated with a Trust Score of 49/100. M D Devcon Private Limited is a private limited indian non-government company incorporated in 2011, operating in the Real Estate and Construction 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 02 Jul 2026 from the latest processed filings. M D Devcon Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Neutral
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 ScoreCaution Indicated
49/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Elevated gearing (D/E 38%).
  • Profitable - internal accruals available.

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

Compliance Score: 5/100 Caution Indicated
  • Company status is "Strike Off" - not Active.
  • Last balance sheet is for Mar 2015 - filings overdue.
  • Flagged by authority: NCLT.
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
MUKESH LAKSHMAN BHAGTANI 01234567 Director 01/04/2018 6 yrs Approved
DIIPESH LAKSHMAN BHAGTANI 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • MUKESH LAKSHMAN BHAGTANI has DIN status "Disqualified by RoC u/s 164(2)".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2015 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
-

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 45
Growth signals & trust indicators
Revenue acceleration: +1.42 over 2 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 14+ years.
Distress signals & risk flags
Outside liabilities up 38% in a year.
Statutory filings appear overdue.
Adverse company status: Strike Off.
Compliance score is weak (5/100).
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence30/100
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 assessment44/100
Enhanced diligence advised
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 view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 6 events
01 Oct 2016
Director ceased
LAKSHMAN PURSHOTTAM BHAGTANI
30 Sep 2015
Last AGM held
Annual general meeting
31 Mar 2015
Latest balance sheet
Filed with ROC
23 Dec 2011
Incorporated
Registered with Roc Mumbai
Director appointed
MUKESH LAKSHMAN BHAGTANI (Director)
Director appointed
DIIPESH LAKSHMAN BHAGTANI (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 2 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
2 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2015 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Altius Construction Private Limited U45200MH2008PTC179489 Mumbai, Maharashtra, India
Eedifice Space Private Limited U45201MH2013PTC250075 Thane, Maharashtra, India
Manik Builders Private Limited U45200DL2011PTC225872 New Delhi, Delhi, India
Iq City Infrastructure Private Limited U70101WB1986PTC041455 Kolkata, West Bengal, India
Zoom Apartments Private Limited U74899AS1993PTC009228 Dibrugarh, Assam, India
Hyderabad Airport Security Services Limited U74920TG2007PLC054862 Hyderabad, Telangana, India
Octane Infra Properties Limited U45200MH2012PLC236613 Navi Mumbai, Maharashtra, India
Wallace Medinova Private Limited U52311GA1997PTC002273 Panaji, Goa, India
12

Who Uses This Report

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

Verify M D Devcon Private Limited before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of M D Devcon Private 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: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for M D Devcon Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 49/100, distress signals and MSME payment-delay disclosures - know whether M D Devcon Private 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 M D Devcon Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is M D Devcon Private Limited an active company?

M D Devcon Private Limited has MCA status “Strike Off” with a compliance score of 5/100 (Caution Indicated).

Is M D Devcon Private Limited financially healthy?

M D Devcon Private Limited has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with M D Devcon Private Limited?

Its overall Trust Score is 49/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls M D Devcon Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does M D Devcon Private Limited have loans or charges against its assets?

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

Is M D Devcon Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2015 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to M D Devcon Private Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.