Polycure Martech Ltd - Due diligence report

A 360° intelligence report on Polycure Martech Ltd: trust score, financial health, credit view, compliance, directors, growth and distress s…

1996-03-01 Jaipur, Rajasthan Active Unlisted Active Compliant
Share
View plans Plan
PM Polycure Martech Ltd
View plans Plan
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹349 50% off New user
Or enjoy up to 50% off 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

Polycure Martech Ltd — 360° Intelligence Report

Generated from MCA filings & public records
82/100
Trust Score
Low Risk

Polycure Martech Ltd is assessed as Low Risk with a Trust Score of 82/100. Polycure Martech Ltd is an active public limited indian non-government company incorporated in 1996, operating in the Healthcare sector. The company has shown revenue growth 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 low compliance risk and moderate financial risk profile.

Report generated on 06 Jul 2026 from the latest processed filings. Polycure Martech Ltd snapshot & full profile →

Financial Health › Good
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
82/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
93/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
65/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
75/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.

Charges position: 1 open (16.75 cr) · 8 satisfied (11.80 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Bank Of Baroda7 48.0 cr
State Bank Of India1 48.0 cr
Compliance Score: 93/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
KHAILESH KUMAWAT 01234567 Director 01/04/2018 6 yrs Approved
VISHAL BAID 01234567 Director 01/04/2018 6 yrs Approved
HIMANSHU BAID 01234567 Director 01/04/2018 6 yrs Approved
JUGAL KISHORE BAID 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.
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
-
Subsidiaries
-
Group entities
-
Capital events
4 allotment(s) · 0 transfer(s)

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 75 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Asset base grew 2.1x - capacity expansion.
Operating for 30+ years.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 24% in a year.
1 open charge(s) registered - assets are encumbered.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence81/100
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 assessment63/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 16.75 cr already registered.
  • Compliance record supports lending.
Investor view73/100
Positive growth 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
30 Sep 2025
Last AGM held
Annual general meeting
23 Jun 2025
Director appointed
KHAILESH KUMAWAT (Director)
31 Mar 2025
Latest balance sheet
Filed with ROC
21 May 2022
Charge satisfied
Bank Of Baroda
05 May 2022
Securities allotted
440000 Equity Shares - 44.00 Lakh raised
Securities allotted
2580000 Preference Shares - 2.58 cr raised
18 Dec 2015
Charge satisfied
State Bank Of India
15 Jan 2014
Director ceased
NEHA BAID
Director ceased
MUKULIKA BAID
15 Apr 2013
Charge created
Bank Of Baroda - 1.15 cr
30 Oct 2010
Charge created
Bank Of Baroda - 2.32 cr
23 Jan 2010
Charge created
Bank Of Baroda - 71.25 Lakh
09 Mar 2009
Charge created
Bank Of Baroda - 50.00 Lakh
14 May 2007
Charge created
Bank Of Baroda - 15.00 Lakh
14 Aug 2006
Charge created
State Bank Of India - 4.95 cr
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Debt-to-equity stands at 61% - 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.
1 active GST registration(s) indicate ongoing business operations.
Promoters hold a dominant controlling stake as per the FY 2023 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
Anveera Tech Private Limited U73100PN1997PTC171252 Pune, Maharashtra, India
Alfacorpuscles U29294DL2007PTC163078 Delhi, Delhi, India
Yash Conchem Private Limited U24296TN2009PTC072226 Ponneri, Tamil Nadu, India
Rajdhani Chemicals P. Ltd. U24110TG1988PTC008600 Hyderabad, Telangana, India
Unico Pharma Private Limited U74920UP2014PTC065325 Noida, Uttar Pradesh, India
Kreative Actives Private Limited U24299TG2019PTC136945 Shaikpet, Telangana, India
Nilkanth Concrete Private Limited U26950GJ2004PTC045114 Rajkot, Gujarat, India
Associated Smelters Private Limited U27100MH1980PTC022322 Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Polycure Martech Ltd before audits and certifications: compliance score 93/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Polycure Martech 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: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 75/100, margin trends, ownership structure and peer set for Polycure Martech Ltd - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 82/100, distress signals and MSME payment-delay disclosures - know whether Polycure Martech Ltd 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 Polycure Martech Ltd - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Polycure Martech Ltd an active company?

Polycure Martech Ltd has MCA status “Active” with a compliance score of 93/100 (Low Risk).

Is Polycure Martech Ltd financially healthy?

Polycure Martech Ltd has a Financial Health Score of 65/100 (Moderate) based on its filed financial statements.

Should I do business with Polycure Martech Ltd?

Its overall Trust Score is 82/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Polycure Martech Ltd?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Polycure Martech Ltd have loans or charges against its assets?

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

Is Polycure Martech Ltd up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 93/100 (Low Risk).

Is it risky to lend to Polycure Martech Ltd?

Its Credit Risk Score is 45/100 (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.