Promoter holding
64.27%
MC
Meir Commodities India Limited - Due diligence report
A 360° intelligence report on Meir Commodities India Limited: trust score, financial health, credit view, compliance, directors, growth and …
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Meir Commodities India Limited — 360° Intelligence Report
Generated from MCA filings & public records62/100
Trust Score
Moderate
Meir Commodities India Limited is assessed as Moderate with a Trust Score of 62/100. Meir Commodities India Limited is an active public limited indian non-government company incorporated in 2018, operating in the Trading 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 02 Aug 2026 from the latest processed filings. Meir Commodities India 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 ScoreModerate
62/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
63/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
30/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
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.
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: 60/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Moderate gearing (D/E 1.42).
- Profitable - internal accruals available.
Charges position: 4 open (61.91 cr) · 3 satisfied (49.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Hdfc Bank Limited | 2 | 48.0 cr |
| Others | 4 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
Compliance Score: 63/100 Moderate
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Litigation present in 1 court forum(s).
- 2 auditor resignation(s) filed - latest: KATWALA & CO. LLP on 2024-07-09.
- Delayed payments to MSME suppliers disclosed (24 disclosure(s)).
- 4 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 30/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| VIJAY KISHORCHANDRA THAKKER | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHOK KUMAR LALJI PURI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANJAY BHIKAJIRAO KHATAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| GOPAL KRISHAN SOOD | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAHIL IRFAN SHAIKH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Sonal Khattri | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 6 directors on the board.
- GOPAL KRISHAN SOOD has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 8 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2025)
| 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 2025 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
2
Group entities
2
Capital events
-
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Shivaji Cane Processors Limited | Subsidiary Company | 74.00% |
| Shakumbari Sugar And Allied Industries Limited | Subsidiary Company | 74.00% |
Key managerial personnel: VIJAY KISHORCHANDRA THAKKER (Whole-time director) · RAHIL IRFAN SHAIKH (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 80 · Distress 55
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 8 years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Outside liabilities up 61% in a year.
6 director exits within 2 years.
4 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 77.54 Lakh.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence60/100
Review suggested
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 assessment65/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 61.91 cr already registered.
- Compliance gaps should be priced into terms.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events04 Nov 2025
Charge satisfied
Axis Bank Limited
30 Sep 2025
Director ceased
DADHIBAI TRILOKINATH PRAJAPATI
Last AGM held
Annual general meeting
18 Dec 2024
Director appointed
ASHOK KUMAR LALJI PURI (Director)
Director ceased
ASHOK KUMAR LALJI PURI
19 Sep 2024
Director ceased
SANJAY BHIKAJIRAO KHATAL
Director ceased
Sonal Khattri
18 Sep 2024
Director ceased
HIMANSHU GUNAVANTRAY PUROHIT
16 Sep 2024
Director appointed
SANJAY BHIKAJIRAO KHATAL (Director)
Director appointed
Sonal Khattri (Director)
06 Aug 2024
Director ceased
VIJAY KISHORCHANDRA THAKKER
31 Jul 2024
Director ceased
Nehal Mehta
16 Jul 2024
Director appointed
VIJAY KISHORCHANDRA THAKKER (Whole-time director)
Director appointed
GOPAL KRISHAN SOOD (Director)
10 Jun 2024
Charge satisfied
Others
10
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); review board churn before relying on management continuity.
4 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 2 subsidiary(ies) - assess on a consolidated basis.
Promoters hold a dominant controlling stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
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| Ramsons Food Limited | U51900DL2019PLC349813 | New Delhi, Delhi, India |
| Hmb Ispat Private Limited | U27109WB2005PTC103895 | Salt Lake, West Bengal, India |
| Haijin Trade India Private Limited | U52603KL2014PTC037688 | Ernakulam, Kerala, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Meir Commodities India Limited before audits and certifications: compliance score 63/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Meir Commodities India 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 60/100, 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 Meir Commodities India Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 62/100, distress signals and MSME payment-delay disclosures - know whether Meir Commodities India Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Meir Commodities India Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Meir Commodities India Limited an active company?
Meir Commodities India Limited has MCA status “Active” with a compliance score of 63/100 (Moderate).
Is Meir Commodities India Limited financially healthy?
Meir Commodities India Limited has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.
Should I do business with Meir Commodities India Limited?
Its overall Trust Score is 62/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Meir Commodities India Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 6 active director(s) are on record.
Does Meir Commodities India Limited have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 3 earlier charge(s) stand satisfied.
Is Meir Commodities India Limited up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 63/100 (Moderate).
Is it risky to lend to Meir Commodities India Limited?
Its Credit Risk Score is 60/100 (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.
