Mfl India Limited - Due diligence report

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

1981-11-28 East Delhi, Delhi Active Listed Active Compliant
Share
Connect MCP
MI Mfl India Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Mfl — 360° Intelligence Report

Generated from MCA filings & public records
64/100
Trust Score
Moderate

Mfl is assessed as Moderate with a Trust Score of 64/100. Mfl is an active public limited indian non-government company incorporated in 1981, operating in the Transport and Logistics 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 05 Aug 2026 from the latest processed filings. Mfl India Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Weak

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 ScoreModerate
64/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
40/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
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 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: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Elevated gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (A4).

Charges position: 0 open (-) · 10 satisfied (59.31 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India1 48.0 cr
Others4 48.0 cr
Kotak Mahindra Bank Limited1 48.0 cr
Pnb Housing Finance Limited1 48.0 cr
Dena Bank'1 48.0 cr
Hdfc Bank Ltd.1 48.0 cr
Compliance Score: 40/100 Caution Indicated
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: DSE, SEBI, BSE.
  • Litigation present in 3 court forum(s).
  • 1 auditor resignation(s) filed - latest: AM and Associates on 2017-11-09.
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
KHEMRAJ 01234567 Director 01/04/2018 6 yrs Approved
NUPUR 01234567 Director 01/04/2018 6 yrs Approved
JAFAR AHAMED 01234567 Director 01/04/2018 6 yrs Approved
KHEMRAJ 01234567 Director 01/04/2018 6 yrs Approved
ATUL KUMAR 01234567 Director 01/04/2018 6 yrs Approved
ANIL THUKRAL 01234567 Director 01/04/2018 6 yrs Approved
MEENAKSHI AGGARWAL 01234567 Director 01/04/2018 6 yrs Approved
  • 7 directors on the board.
  • KHEMRAJ has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 2 director exit(s) in the last 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
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

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

Key managerial personnel: KHEMRAJ (CFO) · KHEMRAJ (CFO) · ANIL THUKRAL (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 70
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Asset base grew 0.86 - capacity expansion.
Operating for 44+ years.
Active GST registration(s).
Distress signals & risk flags
Profit declined two years in a row.
Outside liabilities up 61% in a year.
Compliance score is weak (40/100).
1 auditor resignation(s) on record - review the stated reasons.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence56/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment59/100
Mixed indicators - deeper appraisal suggested
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 view78/100
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 events
02 Aug 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Sep 2024
Director appointed
JAFAR AHAMED (Director)
Director appointed
ATUL KUMAR (Director)
Director appointed
MEENAKSHI AGGARWAL (Director)
Director ceased
SAPNA JAIN
01 May 2024
Director appointed
NUPUR (Company Secretary)
24 Aug 2023
Director ceased
VIKAS PALIWAL
25 Jul 2023
Director ceased
DIKSHA MAHESHWARI
08 Jun 2023
Charge satisfied
Others
01 Jun 2023
Charge satisfied
Others
26 May 2023
Charge satisfied
Others
13 Feb 2020
Director ceased
SUDHIR KUMAR SHARMA
28 Jan 2020
Charge satisfied
State Bank Of India
31 Oct 2019
Director ceased
NAWAB KHAN
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
7 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
All 10 registered charge(s) stand satisfied - past borrowings repaid.
Carries an external credit rating of A4 from Crisil.
Promoters hold a minority 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 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Mehrab Auto Sales Private Limited U50103UP2007PTC033211 Lucknow, Uttar Pradesh, India
Express Roadmovers Private Limited U63010WB2009PTC138080 Kolkata, West Bengal, India
Minex Logistics Private Limited U63030MH2019PTC332784 Nagpur, Maharashtra, India
Guru Kripa Cargo Movers (India) Private Limited U60200DL2011PTC215757 Delhi, Delhi, India
R R Equicons Private Limited U45201JH2013PTC001777 Jamshedpur, Jharkhand, India
Rosyfortune Logistics Private Limited U74999MH2018PTC312142 Thane, Maharashtra, India
Odisha Road Carriers Private Limited U60221OR1997PTC005067 Bhubaneswar, Orissa, India
Megatron Logistics Private Limited U60231WB2020PTC237057 Durgapur, West Bengal, India
12

Who Uses This Report

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

Verify Mfl before audits and certifications: compliance score 40/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mfl: 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 55/100, 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 Mfl - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 64/100, distress signals and MSME payment-delay disclosures - know whether Mfl 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 Mfl - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mfl an active company?

Mfl has MCA status “Active” with a compliance score of 40/100 (Caution Indicated).

Is Mfl financially healthy?

Mfl has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.

Should I do business with Mfl?

Its overall Trust Score is 64/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mfl?

Promoters hold a minority stake - exact percentages are in the full report. 7 active director(s) are on record.

Does Mfl have loans or charges against its assets?

No open charges - all 10 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Mfl up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 40/100 (Caution Indicated).

Is it risky to lend to Mfl?

Its Credit Risk Score is 55/100 (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.