Pmea Solar Systems Private Limited - Due diligence report

A 360° intelligence report on Pmea Solar Systems Private Limited: trust score, financial health, credit view, compliance, directors, growth …

2020-09-04 Mumbai, Maharashtra Active Unlisted
PS Pmea Solar Systems Private Limited
Full Due-Diligence Report + Documents
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  • Director details, charges & MCA documents
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Pmea Solar Systems Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
78/100
Trust Score
Low Risk

Pmea Solar Systems Private Limited is assessed as Low Risk with a Trust Score of 78/100. Pmea Solar Systems Private Limited is an active private limited indian non-government company incorporated in 2020, operating in the Machinery and Equipment sector. 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. Pmea Solar Systems Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong 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
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
83/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 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: 30/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Profitable - internal accruals available.

Charges position: 8 open (947.16 cr) · 4 satisfied (120.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others11 48.0 cr
Hdfc Bank Limited1 48.0 cr
Compliance Score: 83/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 auditor resignation(s) filed - latest: Bihari Shah & Co. on 2022-08-01.
  • 2 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 75/100
NameDIN / PANDesignationAppointedTenureDIN status
VISHAL SANGHVI NAVIN 01234567 Director 01/04/2018 6 yrs Approved
SANDEEP SANGHVI NAVINCHANDRA 01234567 Director 01/04/2018 6 yrs Approved
KAPIL PRAVINCHANDRA SANGHVI 01234567 Director 01/04/2018 6 yrs Approved
VANDANA PRASHANT SONWANEY 01234567 Director 01/04/2018 6 yrs Approved
VINITA MAYUR DANAIT 01234567 Director 01/04/2018 6 yrs Approved
SANDEEP DATTARAM DESHPANDE 01234567 Director 01/04/2018 6 yrs Approved
SUJOY KUMAR SIRCAR 01234567 Director 01/04/2018 6 yrs Approved
SAMIR SANGHVI PRAVIN 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • No disqualified or deactivated DINs.
  • 4 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2022)
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
Pmea Solar Tech Solutions Private Limited
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Pmea Solar Tech Solutions Private Limited Holding Company 74.00%

Key managerial personnel: SANDEEP SANGHVI NAVINCHANDRA (Managing Director) · SANDEEP DATTARAM DESHPANDE (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 70
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
EPFO headcount growing - hiring signal.
Operating for 5 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 38% in a year.
4 director exits within 2 years.
8 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence78/100
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 assessment57/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 8 open charge(s) of 947.16 cr already registered.
  • Compliance record supports lending.
Investor view80/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
31 Dec 2025
Director ceased
SUJOY KUMAR SIRCAR
29 Sep 2025
Last AGM held
Annual general meeting
28 Sep 2025
Director ceased
VANDANA PRASHANT SONWANEY
24 Sep 2025
Charge satisfied
Others
25 Jul 2025
Director appointed
SANDEEP DATTARAM DESHPANDE (CFO)
28 Apr 2025
Director ceased
SAMIR SANGHVI PRAVIN
31 Mar 2025
Latest balance sheet
Filed with ROC
21 Feb 2025
Director appointed
VANDANA PRASHANT SONWANEY (Director)
24 Jan 2025
Charge created
Others - 40.00 cr
29 Sep 2024
Director ceased
VINITA MAYUR DANAIT
23 Sep 2024
Charge created
Others - 40.00 cr
28 Aug 2024
Charge created
Hdfc Bank Limited - 27.20 Lakh
19 Aug 2024
Director appointed
VINITA MAYUR DANAIT (Director)
03 Aug 2024
Director appointed
SUJOY KUMAR SIRCAR (Company Secretary)
31 Jul 2024
Charge created
Others - 30.00 cr
10

Key Observations

Auto-generated from the data above
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
8 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
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 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ramsons Castings Private Limited U27200MH1991PTC064308 Nagpur, Maharashtra, India
Copral Energy Private Limited U31300TZ1995PTC006046 Krishnagiri District, Tamil Nadu, India
Vee Kay Concast Private Limited U27310PB1993PTC013070 Ludhiana, Punjab, India
Malabar Extrusions Private Limited U27203KL2002PTC015855 Ernakulam, Kerala, India
Zanvar Group U35203MH1988PTC049015 Na, Maharashtra, India
Welspun Di Pipes U27320GJ2020PLC115329 Anjar, Gujarat, India
Bhagirath Coach And Metal Fabricators Pvt Ltd U34201MP1984PTC002419 Indore., Madhya Pradesh, India
Rawalwasia Ispat Udyog Private Limited U27109HR1985PTC020743 Haryana, Haryana, India
12

Who Uses This Report

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

Verify Pmea Solar Systems Private Limited before audits and certifications: compliance score 83/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Pmea Solar Systems 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 30/100, 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 Pmea Solar Systems Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Pmea Solar Systems Private Limited 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 Pmea Solar Systems Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Pmea Solar Systems Private Limited an active company?

Pmea Solar Systems Private Limited has MCA status “Active” with a compliance score of 83/100 (Low Risk).

Is Pmea Solar Systems Private Limited financially healthy?

Pmea Solar Systems Private Limited has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Pmea Solar Systems Private Limited?

Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Pmea Solar Systems Private Limited?

The ultimate holding entity is Pmea Solar Tech Solutions Private Limited. 8 active director(s) are on record.

Does Pmea Solar Systems Private Limited have loans or charges against its assets?

8 open charge(s) are registered against its assets, and 4 earlier charge(s) stand satisfied.

Is Pmea Solar Systems Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 83/100 (Low Risk).

Is it risky to lend to Pmea Solar Systems Private Limited?

Its Credit Risk Score is 30/100 (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.