Nandi Steels Limited - Due diligence report

A 360° intelligence report on Nandi Steels Limited: trust score, financial health, credit view, compliance, directors, growth and distress s…

1971-03-06 Bangalore, Karnataka Converted To Llp Unlisted Active Compliant
Share
NS Nandi Steels Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Nandi Steels Limited — 360° Intelligence Report

Generated from MCA filings & public records
64/100
Trust Score
Moderate

Nandi Steels Limited is assessed as Moderate with a Trust Score of 64/100. Nandi Steels Limited is a public limited indian non-government company incorporated in 1971, operating in the Metals and Minerals sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and low financial risk profile.

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

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Caution

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
64/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
23/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
45/100
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
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 23/100 Caution Indicated
  • Company status is "Converted To Llp" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Litigation present in 1 court forum(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SHRUTI AGARWAL 01234567 Director 01/04/2018 6 yrs Approved
ALKA AGARWAL 01234567 Director 01/04/2018 6 yrs Approved
ALOK AGARWAL 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2021 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
-

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 65 · Distress 45
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Asset base grew 2.1x - capacity expansion.
Operating for 55+ years.
Distress signals & risk flags
Outside liabilities up 24% in a year.
Statutory filings appear overdue.
Adverse company status: Converted To Llp.
Compliance score is weak (23/100).
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence42/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment64/100
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 gaps should be priced into terms.
Investor view74/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 7 events
11 Jun 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
26 Mar 2013
Director ceased
ARUNKUMAR AGARWAL
10 Feb 2010
Director appointed
SHRUTI AGARWAL (Director)
12 Aug 2003
Director appointed
ALOK AGARWAL (Director)
09 Mar 1994
Director appointed
ALKA AGARWAL (Director)
06 Mar 1971
Incorporated
Registered with Roc Bangalore
10

Key Observations

Auto-generated from the data above
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
Promoters hold the largest single block of equity as per the FY 2021 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Tufa Granites Pvt Ltd U14101KL1993PTC006892 Kasaragod, Kerala, India
Ganges Geo Resoureces Private Limited U74999MH2015PTC260803 Mumbai, Maharashtra, India
Sristi Mining Private Limited U14290TG2005PTC048092 Hyderabad, Telangana, India
Chandra Mining And Construction Private Limited U13100JH2006PTC012562 P.S.-Garhwa,Jharkhand, Jharkhand, India
Mata Kailadevi Gangsar Stone Private Limited U74999UP2016PTC084710 Agra, Uttar Pradesh, India
Vpr Marbo Minerals Private Limited U14101RJ2012PTC040492 Sirohi Road, Rajasthan, India
Granrock Mining Private Limited U14200TG2012PTC083512 Hyderabad, Telangana, India
Mohit Granites Private Limited U14102RJ2012PTC039253 Jodhpur, Rajasthan, India
12

Who Uses This Report

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

Verify Nandi Steels Limited before audits and certifications: compliance score 23/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Nandi Steels 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 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 65/100, margin trends, ownership structure and peer set for Nandi Steels Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 64/100, distress signals and MSME payment-delay disclosures - know whether Nandi Steels 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 Nandi Steels Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Nandi Steels Limited an active company?

Nandi Steels Limited has MCA status “Converted To Llp” with a compliance score of 23/100 (Caution Indicated).

Is Nandi Steels Limited financially healthy?

Nandi Steels Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Nandi Steels Limited?

Its overall Trust Score is 64/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Nandi Steels Limited?

Promoters hold the largest single block of equity - exact percentages are in the full report. 3 active director(s) are on record.

Does Nandi Steels Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Nandi Steels Limited up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 23/100 (Caution Indicated).

Is it risky to lend to Nandi Steels Limited?

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