Promoter holding
64.27%
MM
Modulex Modular Buildings Private Limited - Due diligence report
A 360° intelligence report on Modulex Modular Buildings Private Limited: trust score, financial health, credit view, compliance, directors, …
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Modulex Modular Buildings Private Limited — 360° Intelligence Report
Generated from MCA filings & public records65/100
Trust Score
Moderate
Modulex Modular Buildings Private Limited is assessed as Moderate with a Trust Score of 65/100. Modulex Modular Buildings Private Limited is an active private limited indian non-government company incorporated in 2008, operating in the Infrastructure and Utilities sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.
Report generated on 16 Aug 2026 from the latest processed filings. Modulex Modular Buildings Private 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
65/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
30/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
55/100
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: 35/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- No open charges - unencumbered balance sheet.
- Elevated gearing (D/E 38%).
Charges position: 0 open (-) · 1 satisfied (64.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Vijaya Bank | 1 | 48.0 cr |
Compliance Score: 93/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 1 court forum(s).
- 1 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 30/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| JAYESH NARENDRA SHETH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJ KUMAR SHARMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUDHA HEMANT PRAJAPATI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUCHIT PUNNOSE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AJAY SHRIDHAR PALEKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ADITYA VIKRAM KANORIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PARAG VINOD MEHTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Bhoomi Pramod Mewada | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Muckatira Nanaya Devaya | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- JAYESH NARENDRA SHETH has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 4 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2022)
| 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 2022 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
Modulex Construction Technologies Limited
Subsidiaries
1
Group entities
1
Capital events
71 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Modulex Construction Technologies Limited | Holding Company | 74.00% |
| Redribbon Advisory Services Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: AJAY SHRIDHAR PALEKAR (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 55 · Distress 55
Growth signals & trust indicators
Latest year revenue grew 1.42.
Asset base grew 2.1x - capacity expansion.
Operating for 17+ years.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 24% in a year.
4 director exits within 2 years.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence73/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment51/100
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 record supports lending.
Investor view52/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events13 Nov 2025
Director appointed
SUDHA HEMANT PRAJAPATI (Additional Director)
18 Jul 2025
Last AGM held
Annual general meeting
17 Jul 2025
Director ceased
PARAG VINOD MEHTA
Director ceased
Muckatira Nanaya Devaya
15 Apr 2025
Director appointed
PARAG VINOD MEHTA (Director)
Director appointed
Muckatira Nanaya Devaya (Director)
31 Mar 2025
Latest balance sheet
Filed with ROC
13 Jan 2025
Director ceased
PUNNOSE PUNNOSE
19 Sep 2024
Director ceased
JAYESH NARENDRA SHETH
25 Jul 2024
Director appointed
JAYESH NARENDRA SHETH (Director)
15 Aug 2023
Director ceased
ADITYA VIKRAM KANORIA
Director ceased
RAKHEE AMIT AGARWAL
05 May 2023
Director ceased
SANDEEP KHURANA
Director ceased
PREM NATH PASRICHA
02 Feb 2023
Director appointed
ADITYA VIKRAM KANORIA (Director)
10
Key Observations
Auto-generated from the data aboveRevenue declined 0.86 over the last 4 financial year(s).
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
9 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
All 1 registered charge(s) stand satisfied - past borrowings repaid.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Promoters hold a dominant controlling 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 71 security allotment(s) - amounts available in the full report.
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12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Modulex Modular Buildings Private Limited before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Modulex Modular Buildings 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: Mixed indicators - deeper appraisal suggested. Credit risk score 35/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Mixed indicators. Growth score 55/100, margin trends, ownership structure and peer set for Modulex Modular Buildings Private Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 65/100, distress signals and MSME payment-delay disclosures - know whether Modulex Modular Buildings Private 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 Modulex Modular Buildings Private Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Modulex Modular Buildings Private Limited an active company?
Modulex Modular Buildings Private Limited has MCA status “Active” with a compliance score of 93/100 (Low Risk).
Is Modulex Modular Buildings Private Limited financially healthy?
Modulex Modular Buildings Private Limited has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Modulex Modular Buildings Private Limited?
Its overall Trust Score is 65/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Modulex Modular Buildings Private Limited?
The ultimate holding entity is Modulex Construction Technologies Limited. 9 active director(s) are on record.
Does Modulex Modular Buildings Private Limited have loans or charges against its assets?
No open charges - all 1 registered charge(s) stand satisfied, indicating past borrowings were repaid.
Is Modulex Modular Buildings Private Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).
Is it risky to lend to Modulex Modular Buildings Private Limited?
Its Credit Risk Score is 35/100 (Caution Indicated). 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.
