Owens-Corning (India) Private Limited - Due diligence report

A 360° intelligence report on Owens Corning India: trust score, financial health, credit view, compliance, directors, growth and distress si…

1995-07-05 Mumbai, Maharashtra Active Unlisted Active Compliant
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O( Owens-Corning (India) Private Limited
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Owens Corning India — 360° Intelligence Report

Generated from MCA filings & public records
89/100
Trust Score
Low Risk

Owens Corning India is assessed as Low Risk with a Trust Score of 89/100. Owens Corning India is an active private limited indian non-government company incorporated in 1995, operating in the Manufacturing 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 low compliance risk and low financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Owens-Corning (India) Private Limited snapshot & full profile →

Financial Health › Strong
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
89/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
85/100
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
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
85/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
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: 95/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (AA).

Charges position: 0 open (-) · 13 satisfied (601.30 cr).

Banking relationships (from registered charges)
LenderChargesAmount
The Bank Of Nova Scotia3 48.0 cr
Hdfc Bank Limited3 48.0 cr
Il & Fs Trust Company Limited1 48.0 cr
Centurion Bank Of Punjab Limited1 48.0 cr
Export -Import Bank Of India1 48.0 cr
Citibank N.A. Mumbai1 48.0 cr
Compliance Score: 85/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • Delayed payments to MSME suppliers disclosed (64 disclosure(s)).
  • 3 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 85/100
NameDIN / PANDesignationAppointedTenureDIN status
Jitendra Madhav Godse 01234567 Director 01/04/2018 6 yrs Approved
MAGAN KUMAR PATHAK 01234567 Director 01/04/2018 6 yrs Approved
Jay Narayan Nayak 01234567 Director 01/04/2018 6 yrs Approved
Mahesh Rajamani 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
Director & KMP remuneration (FY 2024)
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 2024 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
Ipm Inc. Delaware
Subsidiaries
-
Group entities
-
Capital events
-

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

Group entityRelationship% held
Ipm Inc. Delaware Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 80
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Operating for 31+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Profit declined two years in a row.
MSME payment delays disclosed - latest outstanding 70.55 Lakh.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence85/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment92/100
Favourable lending indicators
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 view80/100
Positive growth 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
02 Mar 2026
Director appointed
Mahesh Rajamani (Additional Director)
25 Sep 2025
Last AGM held
Annual general meeting
12 May 2025
Director appointed
Jay Narayan Nayak (Company Secretary)
09 May 2025
Director ceased
SACHIN ASHOK GAIKWAD
31 Mar 2025
Latest balance sheet
Filed with ROC
12 Aug 2024
Director ceased
Jitendra Madhav Godse
01 Apr 2024
Director appointed
Jitendra Madhav Godse (Director)
30 Aug 2023
Director ceased
MAGAN KUMAR PATHAK
09 Jun 2023
Director appointed
MAGAN KUMAR PATHAK (Director)
04 Jan 2022
Director ceased
JAGDISH PRASAD AGARWAL
21 Sep 2020
Charge satisfied
Hdfc Bank Limited
30 Jun 2018
Director ceased
JEFFREY COLLIN RODRIGUES
20 Apr 2018
Director ceased
DHANANJAY VISHNU TAPASVI
14 Feb 2018
Charge satisfied
Citibank N.A.
27 Jul 2015
Director ceased
PAUL WEI
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
3 active GST registration(s) indicate ongoing business operations.
All 13 registered charge(s) stand satisfied - past borrowings repaid.
Carries an external credit rating of AA from Indiarating.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling 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.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ralson U51909PB1974PLC058656 Ludhiana, Punjab, India
Plasto U25206MH2010PTC207824 Nagpur, Maharashtra, India
Itw India U32301HR1979PTC038643 Ballabgarh, Haryana, India
Varmora U26914GJ2003PLC043194 Dist Rajkot, Gujarat, India
Paragon U24134KL1990PTC005761 Kottayam, Kerala, India
Signode India Limited U74950TG2003PLC091521 Hyderabad, Telangana, India
Kohler U31101DL1999PTC330570 New Delhi, Delhi, India
Hindware Limited U74999WB2017PLC223307 Kolkata, West Bengal, India
12

Who Uses This Report

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

Verify Owens Corning India before audits and certifications: compliance score 85/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Owens Corning India: 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 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 60/100, margin trends, ownership structure and peer set for Owens Corning India - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 89/100, distress signals and MSME payment-delay disclosures - know whether Owens Corning India 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 Owens Corning India - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Owens Corning India an active company?

Owens Corning India has MCA status “Active” with a compliance score of 85/100 (Low Risk).

Is Owens Corning India financially healthy?

Owens Corning India has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Owens Corning India?

Its overall Trust Score is 89/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Owens Corning India?

The ultimate holding entity is Ipm Inc. Delaware. 4 active director(s) are on record.

Does Owens Corning India have loans or charges against its assets?

No open charges - all 13 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Owens Corning India up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 85/100 (Low Risk).

Is it risky to lend to Owens Corning India?

Its Credit Risk Score is 95/100 (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.