Mycon Construction Limited - Due diligence report

A 360° intelligence report on Mycon Construction Limited: trust score, financial health, credit view, compliance, directors, growth and dist…

1989-05-09 Bangalore, Karnataka Active Unlisted Active Compliant
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MC Mycon Construction Limited
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Mycon Construction Limited — 360° Intelligence Report

Generated from MCA filings & public records
60/100
Trust Score
Moderate

Mycon Construction Limited is assessed as Moderate with a Trust Score of 60/100. Mycon Construction Limited is an active public limited indian non-government company incorporated in 1989, 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 moderate compliance risk and high financial risk profile.

Report generated on 21 Jun 2026 from the latest processed filings. Mycon Construction Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Neutral

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
60/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
50/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
30/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
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.

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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: 30/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Working-capital cover adequate.
  • Externally credit-rated (D).

Charges position: 4 open (60.31 cr) · 38 satisfied (159.47 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others6 48.0 cr
The Bank Of Rajasthan Ltd. (Lead Bank)1 48.0 cr
The Bank Of Rajasthan Ltd.5 48.0 cr
Canara Bank12 48.0 cr
Kotak Mahindra Bank Limited3 48.0 cr
Corporetion Bank1 48.0 cr
Compliance Score: 50/100 Moderate
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: EPFO.
  • Litigation present in 3 court forum(s).
  • 3 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
SUDARSHAN MALPANI 01234567 Director 01/04/2018 6 yrs Approved
Sidhant Malpani 01234567 Director 01/04/2018 6 yrs Approved
ANIL KUMAR MALPANI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 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
-
Group entities
-
Capital events
0 allotment(s) · 1 transfer(s)

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

Key managerial personnel: SUDARSHAN MALPANI (Whole-time director) · ANIL KUMAR MALPANI (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 60
Growth signals & trust indicators
EPFO headcount growing - hiring signal.
Operating for 37+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Compliance score is weak (50/100).
4 open charge(s) registered - assets are encumbered.
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 assessment35/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 60.31 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view44/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
28 Nov 2025
Last AGM held
Annual general meeting
09 Sep 2025
Charge satisfied
Canara Bank
31 Mar 2025
Latest balance sheet
Filed with ROC
29 Aug 2024
Director appointed
Sidhant Malpani (Additional Director)
09 Aug 2024
Director ceased
KRISHNA KUMAR MALPANI
23 Nov 2023
Charge satisfied
Others
04 Jan 2023
Charge satisfied
Others
17 Sep 2021
Charge satisfied
Canara Bank
07 Nov 2020
Charge satisfied
Others
29 Jun 2020
Director ceased
ARUN KUMAR MALPANI
28 Aug 2019
Charge satisfied
L & T Finance Limited
29 Jun 2019
Charge created
Others - 10.63 Lakh
18 Jun 2019
Charge satisfied
L & T Finance Limited
26 Apr 2019
Charge satisfied
Canara Bank
08 Apr 2019
Charge created
Others - 42.33 Lakh
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
3 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of D from Crisil.
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.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Sew Bellary Highways Limited U45400TG2010PLC069982 Hyderabad, Telangana, India
Ravikon Enterprises Private Limited U45309TG2018PTC128464 Hyderabad, Telangana, India
B.T. Patil & Sons Belgaum Construction Private Limited U45201KA1988PTC188435 Belgaum, Karnataka, India
B. H. Revani Prasad Constructions Private Limited U45500KA2018PTC116439 Mysore, Karnataka, India
Sri Bhuvaneshwari Projects Private Limited U45309KA2021PTC150080 Bangalore, Karnataka, India
Suchirindia Infratech Private Limited U70102TG2005PTC047145 Jubilee Hills, Hyderabad., Telangana, India
Oasis Epc Solutions Limited U45200GJ2011PLC067856 Ahmedabad, Gujarat, India
Amit Infra-Logic (India) Private Limited U51432MH2007PTC172769 Thane, Maharashtra, India
12

Who Uses This Report

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

Verify Mycon Construction Limited before audits and certifications: compliance score 50/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Mycon Construction 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: Enhanced diligence advised. Credit risk score 30/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 45/100, margin trends, ownership structure and peer set for Mycon Construction Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 60/100, distress signals and MSME payment-delay disclosures - know whether Mycon Construction Limited 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 Mycon Construction Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Mycon Construction Limited an active company?

Mycon Construction Limited has MCA status “Active” with a compliance score of 50/100 (Moderate).

Is Mycon Construction Limited financially healthy?

Mycon Construction Limited has a Financial Health Score of 30/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Mycon Construction Limited?

Its overall Trust Score is 60/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Mycon Construction Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Mycon Construction Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 38 earlier charge(s) stand satisfied.

Is Mycon Construction Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 50/100 (Moderate).

Is it risky to lend to Mycon Construction Limited?

Its Credit Risk Score is 30/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.