Pil Industries Limited - Due diligence report

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

1987-07-15 W.E.F.01/11/2003, Maharashtra Amalgamated Unlisted
Share
Connect MCP
PI Pil Industries 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

Pil Industries Limited — 360° Intelligence Report

Generated from MCA filings & public records
54/100
Trust Score
Moderate

Pil Industries Limited is assessed as Moderate with a Trust Score of 54/100. Pil Industries Limited is a public limited indian non-government company incorporated in 1987, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It was profitable 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 14 Aug 2026 from the latest processed filings. Pil Industries Limited snapshot & full profile →

Financial Health › Neutral
Overall Assessment CautionWeakNeutralGoodStrong Neutral
Compliance › Weak

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
54/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
30/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
55/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
35/100
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: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.
  • Externally credit-rated (BB+).

Charges position: 0 open (-) · 24 satisfied (2,319.51 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Yes Bank Limited1 48.0 cr
Deutsche Bank Ag (Through Its New Delhi Branch)1 48.0 cr
Central Bank Of India13 48.0 cr
Idbi Trusteeship Services Limited2 48.0 cr
Idbi Bank Limited1 48.0 cr
Compliance Score: 30/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2016 - filings overdue.
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
AVNI KISHORE BIYANI 01234567 Director 01/04/2018 6 yrs Approved
ABHISHEK TAPARIA 01234567 Director 01/04/2018 6 yrs Approved
VIJAY LAXMINARAYAN BIYANI 01234567 Director 01/04/2018 6 yrs Approved
ANIL L BIYANI 01234567 Director 01/04/2018 6 yrs Approved
SUNIL GOPIKISHAN BIYANI 01234567 Director 01/04/2018 6 yrs Approved
AJAY DEDHIA NEMCHAND 01234567 Director 01/04/2018 6 yrs Approved
  • 6 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 2016 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
Eses Commercials Private Limited
Subsidiaries
2
Group entities
8
Capital events
4 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Future Hospitality Management Limited Subsidiary Company 74.00%
Eses Commercials Private Limited Holding Company 74.00%
Shendra Advisory Services Private Limited Joint Ventures 74.00%
Sprint Advisory Services Private Limited Joint Ventures 74.00%
Kamadgiri Fashion Limited Associate Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 55 · Distress 35
Growth signals & trust indicators
Profit expanded 38% year-on-year.
Net margin improved to 1.42.
Operating for 39+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (30/100).
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence39/100
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 assessment48/100
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 view51/100
Mixed 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 15 events
14 Mar 2018
Charge satisfied
Others
08 Mar 2018
Charge satisfied
Idbi Trusteeship Services Limited
28 Nov 2017
Charge satisfied
Deutsche Bank Ag (Through Its New Delhi Branch)
07 Sep 2017
Charge satisfied
Others
23 Jun 2017
Charge satisfied
Yes Bank Limited
19 May 2017
Charge created
Others - 185.00 cr
18 Apr 2017
Charge satisfied
Idbi Trusteeship Services Limited
30 Mar 2017
Charge created
Yes Bank Limited - 500.00 cr
20 Dec 2016
Charge created
Others - 600.00 cr
30 Sep 2016
Last AGM held
Annual general meeting
28 Jun 2016
Charge satisfied
Ecl Finance Limited
19 Apr 2016
Securities allotted
100 Debentures - 100.00 cr raised
31 Mar 2016
Latest balance sheet
Filed with ROC
29 Mar 2016
Charge created
Idbi Trusteeship Services Limited - 100.00 cr
30 Sep 2015
Director ceased
AVNI KISHORE BIYANI
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.
6 active director(s) / partner(s); board looks stable and experienced.
All 24 registered charge(s) stand satisfied - past borrowings repaid.
Operates a group structure with 2 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of BB+ from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2016 annual return.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Srd Agencies Private Limited U51909DL2003PTC121125 New Delhi, Delhi, India
Luar Investments Private Limited U65993KA2006PTC040119 Bangalore South, Karnataka, India
Modlite Holdings Private Limited U67120MH1988PTC045889 Mumbai, Maharashtra, India
Boortmalt India Holdings Private Limited U65100DL2008PTC175657 New Delhi, Delhi, India
Utkarsh Global Holdings Private Limited U65910MH1980PTC022574 Mumbai, Maharashtra, India
Murugappa Holdings Limited U65993TN1977PLC070246 Chennai, Tamil Nadu, India
Futuregroup U51100MH2005PLC156856 Mumabi, Maharashtra, India
Rhc Holding U67190DL2007PTC162322 New Delhi, Delhi, India
12

Who Uses This Report

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

Verify Pil Industries Limited before audits and certifications: compliance score 30/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Pil Industries 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 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 55/100, margin trends, ownership structure and peer set for Pil Industries Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 54/100, distress signals and MSME payment-delay disclosures - know whether Pil Industries 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 Pil Industries Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Pil Industries Limited an active company?

Pil Industries Limited has MCA status “Amalgamated” with a compliance score of 30/100 (Caution Indicated).

Is Pil Industries Limited financially healthy?

Pil Industries Limited has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Pil Industries Limited?

Its overall Trust Score is 54/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Pil Industries Limited?

The ultimate holding entity is Eses Commercials Private Limited. 6 active director(s) are on record.

Does Pil Industries Limited have loans or charges against its assets?

No open charges - all 24 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Pil Industries Limited up to date with its ROC filings?

Last balance sheet is for Mar 2016 - filings overdue. Overall compliance score: 30/100 (Caution Indicated).

Is it risky to lend to Pil Industries Limited?

Its Credit Risk Score is 60/100 (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.