Promoter holding
64.27%
MT
Mtar Technologies Limited - Due diligence report
A 360° intelligence report on Mtar: trust score, financial health, credit view, compliance, directors, growth and distress signals - generat…
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Mtar — 360° Intelligence Report
Generated from MCA filings & public records78/100
Trust Score
Low Risk
Mtar is assessed as Low Risk with a Trust Score of 78/100. Mtar is an active public limited indian non-government company incorporated in 1999, operating in the Machinery and Equipment 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 18 Jul 2026 from the latest processed filings. Mtar Technologies 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 ScoreLow Risk
78/100
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 ScoreLow Risk
75/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 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: 75/100 Low Risk
- Open charges exceed net worth - secured lenders rank ahead.
- Moderate gearing (D/E 38%).
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (BBB+).
Charges position: 7 open (1,054.60 cr) · 10 satisfied (1,055.82 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 7 | 48.0 cr |
| Sbicap Trustee Company Limited | 1 | 48.0 cr |
| Others | 6 | 48.0 cr |
| Hdfc Bank Limited | 2 | 48.0 cr |
| Bank Of Baroda | 1 | 48.0 cr |
Compliance Score: 68/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- 2 auditor resignation(s) filed - latest: Seshachalam & Co on 2019-08-31.
- Delayed payments to MSME suppliers disclosed (4 disclosure(s)).
- 1 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 45/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SUBBU VENKATA RAMA BEHARA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KRISHNA KUMAR ARAVAMUDAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ROHITH LOKA REDDY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ANUSHMAN REDDY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PRAVEEN KUMAR REDDY AKEPATI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NAINA SINGH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| UDAYMITRA CHANDRAKANT MUKTIBODH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PARVAT SRINIVAS REDDY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| GUNNESWARA RAO PUSARLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| GNANA SEKARAN VENKATASAMY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AMEETA CHATTERJEE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 11 directors on the board.
- PRAVEEN KUMAR REDDY AKEPATI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 1 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| 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 2024 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
2 allotment(s) · 1 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Gee Pee Aerospace And Defence Private Limited | Subsidiary Company | 74.00% |
| Magnatar Aero Systems Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: ANUSHMAN REDDY (Whole-time director) · PRAVEEN KUMAR REDDY AKEPATI (Whole-time director) · PARVAT SRINIVAS REDDY (Managing Director) · GUNNESWARA RAO PUSARLA (CFO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 75 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
EPFO headcount growing - hiring signal.
Operating for 26+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Profit declined two years in a row.
7 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 2.92 Lakh.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence75/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment79/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 7 open charge(s) of 1,054.60 cr already registered.
- Compliance gaps should be priced into terms.
Investor view83/100
Positive growth 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 events27 Nov 2025
Charge created
Others - 150.00 cr
18 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
10 Feb 2025
Director appointed
ROHITH LOKA REDDY (Director)
30 Dec 2024
Charge created
Others - 16.00 cr
25 Jun 2024
Director appointed
NAINA SINGH (Company Secretary)
31 May 2024
Director ceased
Shubham Sunil Bagadia
18 May 2024
Charge created
Others - 16.00 cr
26 Mar 2024
Charge satisfied
Others
01 Mar 2024
Charge created
Others - 24.00 cr
06 Feb 2024
Charge satisfied
State Bank Of India
14 Dec 2023
Charge created
Sbicap Trustee Company Limited - 664.60 cr
09 Aug 2023
Charge satisfied
Hdfc Bank Limited
31 May 2023
Charge created
Others - 52.00 cr
24 Aug 2022
Charge created
Others - 40.50 cr
10
Key Observations
Auto-generated from the data aboveRevenue grew 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
11 active director(s) / partner(s); review board churn before relying on management continuity.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 2 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of BBB+ from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2024 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.
| Company | CIN | Location |
|---|---|---|
| Halonix | U29268UP2009PTC036903 | Noida, Uttar Pradesh, India |
| Mojj | U29297PN1986PLC041406 | Pune, Maharashtra, India |
| Bsa Group | U74999PN2000PLC014738 | Pune City, Maharashtra, India |
| Hyt Engineering | U29299PN1989PTC052195 | Pune, Maharashtra, India |
| Sh Electronics India Private Limited | U28910TN2008PTC067530 | Neervallur Village, Tamil Nadu, India |
| Ece Industries | U31500UP1945PLC219439 | Ghaziabad, Uttar Pradesh, India |
| Groz Tools | U74210DL1999PTC101953 | New Delhi, Delhi, India |
| Taeyangmetal | U28999TN2006PTC059601 | Sriperumbudur Taluk, Tamil Nadu, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Mtar 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 Mtar: 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 75/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Mtar - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Mtar pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Mtar - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Mtar an active company?
Mtar has MCA status “Active” with a compliance score of 68/100 (Moderate).
Is Mtar financially healthy?
Mtar has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Mtar?
Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Mtar?
Promoters hold a minority stake - exact percentages are in the full report. 11 active director(s) are on record.
Does Mtar have loans or charges against its assets?
7 open charge(s) are registered against its assets, and 10 earlier charge(s) stand satisfied.
Is Mtar up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 68/100 (Moderate).
Is it risky to lend to Mtar?
Its Credit Risk Score is 75/100 (Low Risk). 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.
