Montecarlo Limited - Due diligence report

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

1995-03-20 Ahmedabad, Gujarat Active Unlisted Active Compliant
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ML Montecarlo Limited
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Montecarlo — 360° Intelligence Report

Generated from MCA filings & public records
86/100
Trust Score
Low Risk

Montecarlo is assessed as Low Risk with a Trust Score of 86/100. Montecarlo is an active public limited indian non-government company incorporated in 1995, operating in the Infrastructure and Utilities 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 17 Jul 2026 from the latest processed filings. Montecarlo Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Good

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
86/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
68/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
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
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 159 open (5,248.31 cr) · 693 satisfied (4,843.23 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Idbi Trusteeship Services Limited2 48.0 cr
Others329 48.0 cr
Karur Vysya Bank Limited2 48.0 cr
Hdfc Bank Limited267 48.0 cr
State Bank Of India2 48.0 cr
Yes Bank Limited14 48.0 cr
Compliance Score: 68/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 4 court forum(s).
  • 20 active GST registration(s).
Legal cases on record (4)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
SHREYAN DIPAKBHAI SHAH 01234567 Director 01/04/2018 6 yrs Approved
SUHAS VASANTRAO JOSHI 01234567 Director 01/04/2018 6 yrs Approved
BRIJESH KANUBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
SURESH NATWARLAL PATEL 01234567 Director 01/04/2018 6 yrs Approved
KALPESH PUNAMCHAND DESAI 01234567 Director 01/04/2018 6 yrs Approved
NARESHKUMAR PRANSHANKAR SUTHAR 01234567 Director 01/04/2018 6 yrs Approved
DIPAK KAMLAKAR PALKAR 01234567 Director 01/04/2018 6 yrs Approved
KANUBHAI MAFATLAL PATEL 01234567 Director 01/04/2018 6 yrs Approved
KALPESH PUNAMCHAND DESAI 01234567 Director 01/04/2018 6 yrs Approved
MRUNAL KANUBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
PURVI SUSHIL PARIKH 01234567 Director 01/04/2018 6 yrs Approved
  • 11 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 2023 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
6
Group entities
6
Capital events
4 allotment(s) · 10 transfer(s)

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

Key managerial personnel: SHREYAN DIPAKBHAI SHAH (CFO) · SUHAS VASANTRAO JOSHI (Whole-time director) · BRIJESH KANUBHAI PATEL (Managing Director) · NARESHKUMAR PRANSHANKAR SUTHAR (Whole-time director) · MRUNAL KANUBHAI PATEL (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
EPFO headcount growing - hiring signal.
Operating for 31+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
159 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence80/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment77/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 159 open charge(s) of 5,248.31 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view89/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
12 Nov 2025
Charge satisfied
Axis Bank Limited
Charge satisfied
Others
18 Oct 2025
Charge created
Indian Overseas Bank - 9.80 Lakh
13 Oct 2025
Charge satisfied
Others
10 Oct 2025
Charge satisfied
Axis Bank Limited
Charge satisfied
Others
08 Oct 2025
Charge satisfied
Idbi Trusteeship Services Limited
22 Sep 2025
Charge created
Indian Overseas Bank - 10.30 Lakh
19 Sep 2025
Charge satisfied
Hdfc Bank Limited
06 Sep 2025
Charge satisfied
Others
13 Aug 2025
Charge satisfied
Hdfc Bank Limited
12 Aug 2025
Charge satisfied
Hdfc Bank Limited
11 Aug 2025
Charge satisfied
Hdfc Bank Limited
07 Aug 2025
Charge satisfied
Hdfc Bank Limited
09 Jul 2025
Charge satisfied
Hdfc Bank Limited
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
11 active director(s) / partner(s); board looks stable and experienced.
20 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Raj Corporation Limited U74900UP2008PLC035742 Dadri, Uttar Pradesh, India
Mackintosh Burn Ltd U45201WB1913SGC002377 Kolkata, West Bengal, India
Royal Infraconstru U45400WB1981PLC064136 Kolkata, West Bengal, India
Itnlindia U45400MH2007PLC175415 Mumbai, Maharashtra, India
M G Contractors Private Limited U70101DL1997PTC091013 Rohini, Delhi, India
Drn Infrastructure U45500KA2019PTC123860 Hubli, Karnataka, India
Gayatri L99999TG1989PLC057289 Hyderabad, Telangana, India
Jmc Projects L45200GJ1986PLC008717 Ahmedabad, Gujarat, India
12

Who Uses This Report

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

Verify Montecarlo before audits and certifications: compliance score 68/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Montecarlo: 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 85/100, margin trends, ownership structure and peer set for Montecarlo - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 86/100, distress signals and MSME payment-delay disclosures - know whether Montecarlo pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Montecarlo - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Montecarlo an active company?

Montecarlo has MCA status “Active” with a compliance score of 68/100 (Moderate).

Is Montecarlo financially healthy?

Montecarlo has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Montecarlo?

Its overall Trust Score is 86/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Montecarlo?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 11 active director(s) are on record.

Does Montecarlo have loans or charges against its assets?

159 open charge(s) are registered against its assets, and 693 earlier charge(s) stand satisfied.

Is Montecarlo up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 68/100 (Moderate).

Is it risky to lend to Montecarlo?

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.