Mittal Sections Limited - Due diligence report

A 360° intelligence report on Mittal Sections Limited: trust score, financial health, credit view, compliance, directors, growth and distres…

2009-04-02 Ahmedabad, Gujarat Active Listed Active Compliant
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MS Mittal Sections Limited
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  • Director details, charges & MCA documents
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Mittal Sections Limited — 360° Intelligence Report

Generated from MCA filings & public records
80/100
Trust Score
Low Risk

Mittal Sections Limited is assessed as Low Risk with a Trust Score of 80/100. Mittal Sections Limited is an active public limited indian non-government company incorporated in 2009, operating in the Metals and Minerals 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 moderate financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Mittal Sections Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › 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
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
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 ScoreModerate
65/100
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: 70/100 Moderate
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Profitable - internal accruals available.

Charges position: 3 open (22.49 cr) · 5 satisfied (87.55 cr).

Banking relationships (from registered charges)
LenderChargesAmount
City Union Bank Limited3 48.0 cr
Canara Bank2 48.0 cr
Axis Bank Limited1 48.0 cr
Others1 48.0 cr
Hdfc Bank Limited1 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
AJAYKUMAR BALWANTRAI MITTAL 01234567 Director 01/04/2018 6 yrs Approved
SUSHILADEVI BALWANTRAI MITTAL 01234567 Director 01/04/2018 6 yrs Approved
AISHWARYA SINGHVI 01234567 Director 01/04/2018 6 yrs Approved
ATUL BALWANTRAI MITTAL 01234567 Director 01/04/2018 6 yrs Approved
Dhruvi Shyam Kapadia 01234567 Director 01/04/2018 6 yrs Approved
  • 5 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 2023)
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 2025 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
2 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Abhyaryan Texfab Limited Subsidiary Company 74.00%

Key managerial personnel: ATUL BALWANTRAI MITTAL (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 17+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Outside liabilities up 61% in a year.
3 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence79/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment72/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 22.49 cr already registered.
  • Compliance record supports lending.
Investor view77/100
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
21 Oct 2024
Charge created
Others - 7.28 cr
27 Aug 2024
Last AGM held
Annual general meeting
31 Jul 2024
Director appointed
AISHWARYA SINGHVI (Director)
Director appointed
ATUL BALWANTRAI MITTAL (CFO)
Director appointed
Dhruvi Shyam Kapadia (Director)
Director ceased
AISHWARYA SINGHVI
Director ceased
Dhruvi Shyam Kapadia
31 Mar 2024
Latest balance sheet
Filed with ROC
31 Jan 2024
Director appointed
AJAYKUMAR BALWANTRAI MITTAL (Officer in default)
24 Aug 2023
Charge satisfied
City Union Bank Limited
23 Dec 2022
Charge created
Axis Bank Limited - 15.10 cr
01 Feb 2020
Director ceased
RITU AJAY MITTAL
27 Jan 2020
Charge created
Hdfc Bank Limited - 11.47 Lakh
31 Mar 2019
Director ceased
AJAYKUMAR BALWANTRAI MITTAL
01 Jan 2018
Director ceased
ATUL BALWANTRAI MITTAL
10

Key Observations

Auto-generated from the data above
Revenue 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% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
5 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority 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.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Aaf India Private Limited U29197KA2005PTC037575 Bangalore, Karnataka, India
Sidharth Automat U27310HR2006PTC042098 Gurgaon, Haryana, India
Orson Holdings Co Ltd U67120WB1982PLC034468 Howrah, West Bengal, India
Sbc Minerals Private Limited U13209DL2004PTC125108 New Delhi, Delhi, India
Kalyani Cast-Tech L26990DL2012PLC242760 New Delhi, Delhi, India
Nupur Recyclers L37100DL2019PLC344788 Near Shri Ram Bal Bharti Public School, Delhi, India
Bhagwati Autocast L27100GJ1981PLC004718 Ahmedabad, Gujarat, India
Amic Forging Limited L27100WB2007PLC116674 Kolkata, West Bengal, India
12

Who Uses This Report

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

Verify Mittal Sections Limited before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mittal Sections 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 70/100, 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 Mittal Sections Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Mittal Sections Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Mittal Sections Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mittal Sections Limited an active company?

Mittal Sections Limited has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Mittal Sections Limited financially healthy?

Mittal Sections Limited has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.

Should I do business with Mittal Sections Limited?

Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mittal Sections Limited?

Promoters hold a minority stake - exact percentages are in the full report. 5 active director(s) are on record.

Does Mittal Sections Limited have loans or charges against its assets?

3 open charge(s) are registered against its assets, and 5 earlier charge(s) stand satisfied.

Is Mittal Sections Limited up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Mittal Sections Limited?

Its Credit Risk Score is 70/100 (Moderate). 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.