Nitin Engineering Works (India) Private Limited - Due diligence report

A 360° intelligence report on Nitin Engineering Works (India) Private Limited: trust score, financial health, credit view, compliance, direc…

2011-03-04 Dewas, Madhya Pradesh Active Unlisted Active Compliant
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NE Nitin Engineering Works (India) Private Limited
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Nitin Engineering Works (India) Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
76/100
Trust Score
Low Risk

Nitin Engineering Works (India) Private Limited is assessed as Low Risk with a Trust Score of 76/100. Nitin Engineering Works (India) Private Limited is an active private limited indian non-government company incorporated in 2011, operating in the Engineering 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 19 Jul 2026 from the latest processed filings. Nitin Engineering Works (India) Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

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
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
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
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
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: 40/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Elevated gearing (D/E 1.42).
  • Working-capital cover adequate.

Charges position: 0 open (-) · 4 satisfied (3.37 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Bank Of India1 48.0 cr
Small Industries Development Bank Of India (Sidbi)2 48.0 cr
Bank Of Maharashtra1 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
CHANDRAKANTA PANCHAL 01234567 Director 01/04/2018 6 yrs Approved
VINAY PANCHAL 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 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
2 allotment(s) · 0 transfer(s)

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

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 15+ 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.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence81/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment52/100
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 view48/100
Mixed indicators
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
29 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
17 May 2024
Charge satisfied
Bank Of India
05 May 2021
Director ceased
OMPRAKASH PANCHAL
16 Jan 2020
Charge satisfied
Bank Of Maharashtra
04 Jul 2017
Charge created
Bank Of India - 2.41 cr
07 Feb 2017
Charge satisfied
Small Industries Development Bank Of India (Sidbi)
30 Oct 2013
Charge created
Bank Of Maharashtra - 24.00 Lakh
27 Dec 2012
Charge created
Small Industries Development Bank Of India (Sidbi) - 50.00 Lakh
15 Dec 2012
Securities allotted
200000.00 Equity Shares - 20.00 Lakh raised
15 Apr 2011
Director appointed
VINAY PANCHAL (Director)
07 Apr 2011
Charge created
Small Industries Development Bank Of India (Sidbi) - 21.90 Lakh
01 Apr 2011
Securities allotted
536280.00 Equity Shares - 53.63 Lakh raised
04 Mar 2011
Incorporated
Registered with Roc Gwalior
Director appointed
CHANDRAKANTA PANCHAL (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 4 registered charge(s) stand satisfied - past borrowings repaid.
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 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Lancer Electricals Private Limited U31909DL2005PTC137597 New Delhi, Delhi, India
Pro B Machines Private Limited U29308KA2021PTC153128 Bangalore, Karnataka, India
Mgtherm Industries Private Limited U33208RJ2018PTC062042 Ajmer, Rajasthan, India
Balmaan Industries Private Limited U74999DL2019PTC358209 New Delhi, Delhi, India
Snpc V Engineering Private Limited U29200HR2022PTC101836 Kharkhoda, Haryana, India
Urmie Uvtech India Private Limited U31909GJ2019PTC107347 Jamnagar, Gujarat, India
Energysafe Ventures Private Limited U31900UR2020PTC011778 Roorkee, Uttarakhand, India
Enerprone U29308PN2021PTC200021 Pune, Maharashtra, India
12

Who Uses This Report

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

Verify Nitin Engineering Works (India) Private Limited before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Nitin Engineering Works (India) 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 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 45/100, margin trends, ownership structure and peer set for Nitin Engineering Works (India) Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Nitin Engineering Works (India) Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Nitin Engineering Works (India) Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Nitin Engineering Works (India) Private Limited an active company?

Nitin Engineering Works (India) Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Nitin Engineering Works (India) Private Limited financially healthy?

Nitin Engineering Works (India) Private Limited has a Financial Health Score of 30/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Nitin Engineering Works (India) Private Limited?

Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Nitin Engineering Works (India) Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Nitin Engineering Works (India) Private Limited have loans or charges against its assets?

No open charges - all 4 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Nitin Engineering Works (India) Private Limited up to date with its ROC filings?

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

Is it risky to lend to Nitin Engineering Works (India) Private Limited?

Its Credit Risk Score is 40/100 (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.