Promoter holding
64.27%
NP
Northern Projects Ltd - Due diligence report
A 360° intelligence report on Northern Projects Ltd: trust score, financial health, credit view, compliance, directors, growth and distress …
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Northern Projects Ltd — 360° Intelligence Report
Generated from MCA filings & public records44/100
Trust Score
Caution Indicated
Northern Projects Ltd is assessed as Caution Indicated with a Trust Score of 44/100. Northern Projects Ltd is a public limited indian non-government company incorporated in 1983, operating in the Financial Services 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 high compliance risk and high financial risk profile.
Report generated on 09 Jul 2026 from the latest processed filings. Northern Projects Ltd 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 ScoreCaution Indicated
44/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
25/100
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 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: 50/100 Moderate
- Negative operating earnings - debt service depends on external support.
- No open charges - unencumbered balance sheet.
- Working-capital cover adequate.
Charges position: 0 open (-) · 2 satisfied (19.75 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Uco Bank | 2 | 48.0 cr |
Compliance Score: 5/100 Caution Indicated
- Company status is "Amalgamated" - not Active.
- Last balance sheet is for Mar 2021 - filings overdue.
- Flagged by authority: SEBI, BSE, FIU.
- Litigation present in 4 court forum(s).
- 1 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| BAL KRISHNA MAWANDIA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VISHWA NATH AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| GOPAL KRISHNA AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PREM LATA AGARWAL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 4 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 2017)
| 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 2019 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
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Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a majority stake - exact percentages are part of the full report.
Key managerial personnel: PREM LATA AGARWAL (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 40 · Distress 25
Growth signals & trust indicators
Operating for 43+ years.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (5/100).
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence23/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 4 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment36/100
Enhanced diligence advised
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 view41/100
Limited indicators at present
Growth quality and scalability through an investor lens.
- No clear growth signals in the filed years.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 14 events30 Aug 2021
Last AGM held
Annual general meeting
31 Mar 2021
Latest balance sheet
Filed with ROC
26 Mar 2021
Charge satisfied
Uco Bank
29 Sep 2020
Director ceased
BAL KRISHNA MAWANDIA
29 Jun 2020
Director appointed
BAL KRISHNA MAWANDIA (Director)
17 May 2020
Director ceased
ASIM KUMAR GHOSH
12 Jun 2019
Director ceased
RANU DEY TALUKDAR
21 Feb 2019
Director ceased
PREM LATA AGARWAL
31 Mar 2015
Director appointed
PREM LATA AGARWAL (Whole-time director)
27 Jan 2005
Charge created
Uco Bank - 16.00 cr
06 Dec 2004
Director appointed
VISHWA NATH AGARWAL (Director)
26 Jun 2000
Charge created
Uco Bank - 3.75 cr
09 Dec 1987
Director appointed
GOPAL KRISHNA AGARWAL (Director)
04 Mar 1983
Incorporated
Registered with Roc Kolkata
10
Key Observations
Auto-generated from the data aboveRevenue declined 38% over the last 4 financial year(s).
Net worth is positive.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 2 registered charge(s) stand satisfied - past borrowings repaid.
Promoters hold a majority stake as per the FY 2019 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Manori Properties Private Limited | U67120DL1989PTC324685 | New Delhi, Delhi, India |
| Shubhlabh Investments Private Limited | U65990MH1980PTC022782 | Mumbai, Maharashtra, India |
| Wide Scope Constructions Private Limited | U45100DL1996PTC075926 | New Delhi, Delhi, India |
| Greenex Chemicals Pvt Ltd | U24119WB1977PTC031067 | Kolkata, West Bengal, India |
| Carttal Chits(Kerala) Private Limited | U65992KL1996PTC010127 | Alleppey, Kerala, India |
| S.J.R. Auto Financiers Private Limited | U65921WB1981PTC203754 | Kolkata, West Bengal, India |
| Prathameshwara Chit Fund Private Limited | U74120MH2013PTC244754 | Chandrapur, Maharashtra, India |
| Bilasraika Capital India Private Limited | U65923TG2010PTC069736 | Hyderabad, Telangana, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Northern Projects Ltd before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Northern Projects Ltd: 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 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Northern Projects Ltd - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 44/100, distress signals and MSME payment-delay disclosures - know whether Northern Projects Ltd 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 Northern Projects Ltd - groundwork for KYC, onboarding and disputes.
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Frequently Asked Questions
Is Northern Projects Ltd an active company?
Northern Projects Ltd has MCA status “Amalgamated” with a compliance score of 5/100 (Caution Indicated).
Is Northern Projects Ltd financially healthy?
Northern Projects Ltd has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Northern Projects Ltd?
Its overall Trust Score is 44/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Northern Projects Ltd?
Promoters hold a majority stake - exact percentages are in the full report. 4 active director(s) are on record.
Does Northern Projects Ltd have loans or charges against its assets?
No open charges - all 2 registered charge(s) stand satisfied, indicating past borrowings were repaid.
Is Northern Projects Ltd up to date with its ROC filings?
Last balance sheet is for Mar 2021 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).
Is it risky to lend to Northern Projects Ltd?
Its Credit Risk Score is 50/100 (Moderate). 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.
