Promoter holding
64.27%
PA
Pinaka Aerospace Solutions Private Limited - Due diligence report
A 360° intelligence report on Pinaka: trust score, financial health, credit view, compliance, directors, growth and distress signals - gener…
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Pinaka — 360° Intelligence Report
Generated from MCA filings & public records80/100
Trust Score
Low Risk
Pinaka is assessed as Low Risk with a Trust Score of 80/100. Pinaka is an active private limited indian non-government company incorporated in 2007, operating in the Aerospace, Maritime and Defense 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 moderate compliance risk and low financial risk profile.
Report generated on 17 Aug 2026 from the latest processed filings. Pinaka Aerospace Solutions Private Limited 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 ScoreLow Risk
80/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
63/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
85/100
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
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
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.
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: 40/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Profitable - internal accruals available.
Charges position: 4 open (184.47 cr) · 7 satisfied (90.57 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 5 | 48.0 cr |
| Indian Bank | 1 | 48.0 cr |
| Bank Of India | 1 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| Punjab National Bank | 1 | 48.0 cr |
| Oriental Bank Of Commerce | 2 | 48.0 cr |
Compliance Score: 63/100 Moderate
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Litigation present in 1 court forum(s).
- 2 auditor resignation(s) filed - latest: G.Shantharam & Associates on 2022-11-21.
- Delayed payments to MSME suppliers disclosed (15 disclosure(s)).
- 2 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SUBODH SHARMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PASUMARTHI RADHIKA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUBODH SHARMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Vishal Chaudhary | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SRINATH RAMAKKRUSHNAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 5 directors on the board.
- No disqualified or deactivated DINs.
- 3 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
| 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 2024 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
Zetwerk Manufacturing Businesses Private Limited
Subsidiaries
1
Group entities
1
Capital events
8 allotment(s) · 7 transfer(s)
Promoters hold the largest single block of equity - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Sharanga Technologies Private Limited | Subsidiary Company | 74.00% |
| Zetwerk Manufacturing Businesses Private Limited | Holding Company | 74.00% |
Key managerial personnel: SUBODH SHARMA (CEO) · SUBODH SHARMA (CEO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 85 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Latest year revenue grew 2.1x.
Asset base grew 24% - capacity expansion.
Operating for 19+ years.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 0.86 in a year.
4 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 4.62 cr.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence73/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment59/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 184.47 cr already registered.
- Compliance gaps should be priced into terms.
Investor view84/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events02 Jun 2025
Charge satisfied
Axis Bank Limited
26 Mar 2025
Charge created
Bank Of India - 34.00 cr
30 Sep 2024
Last AGM held
Annual general meeting
29 Sep 2024
Director ceased
SRINATH RAMAKKRUSHNAN
13 May 2024
Director appointed
SRINATH RAMAKKRUSHNAN (Director)
Director ceased
. ABHISHEK
Director ceased
Ankit Fatehpuria
31 Mar 2024
Share transfer (FY 2024)
68748.00000000 shares to Zetwerk Manufacturing Businesses Private Limited
Share transfer (FY 2024)
137495.00000000 shares to Zetwerk Manufacturing Businesses Private Limited
Latest balance sheet
Filed with ROC
29 Dec 2023
Charge created
Indian Bank - 95.29 cr
06 Dec 2023
Charge satisfied
Others
09 Nov 2023
Charge created
Axis Bank Limited - 30.00 cr
16 Aug 2023
Director ceased
ABHIJIT SURESH KOTHAWALE
31 Mar 2023
Share transfer (FY 2023)
102970.00000000 shares to Zetwerk Manufacturing Businesses Private Limited
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
5 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Promoters hold the largest single block of equity as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 8 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Kryfs Transformers Private Limited | U40104GJ2003PTC042845 | Vadodara, Gujarat, India |
| Macks Surface Treatments Private Limited | U99999MH1999PTC118896 | Nashik, Maharashtra, India |
| Rabwin Industries | U72501TZ2000PTC009485 | Coimbatore, Tamil Nadu, India |
| Steer Engineering | U72100KA1993PTC015303 | Bangalore, Karnataka, India |
| Federal - Mogul Ignition Products India Limited | U51109DL1998PLC195010 | Delhi, Delhi, India |
| Akg India Private Limited | U74994TZ2008PTC022206 | Coimbatore, Tamil Nadu, India |
| Pyrotech Electronics Pvt. Ltd. | U40109RJ1988PTC011556 | Area, Udaipur, Rajasthan, India |
| Essem Auto Electricals Private Limited | U29193MH1998PTC116679 | Aurangabad, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Pinaka before audits and certifications: compliance score 63/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Pinaka: 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: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Pinaka - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 80/100, distress signals and MSME payment-delay disclosures - know whether Pinaka 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 Pinaka - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Pinaka an active company?
Pinaka has MCA status “Active” with a compliance score of 63/100 (Moderate).
Is Pinaka financially healthy?
Pinaka has a Financial Health Score of 85/100 (Low Risk) based on its filed financial statements.
Should I do business with Pinaka?
Its overall Trust Score is 80/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Pinaka?
The ultimate holding entity is Zetwerk Manufacturing Businesses Private Limited. 5 active director(s) are on record.
Does Pinaka have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 7 earlier charge(s) stand satisfied.
Is Pinaka up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 63/100 (Moderate).
Is it risky to lend to Pinaka?
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.
