Promoter holding
64.27%
PI
Pratibha Industries Limited - Due diligence report
A 360° intelligence report on Pil: trust score, financial health, credit view, compliance, directors, growth and distress signals - generate…
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Pil — 360° Intelligence Report
Generated from MCA filings & public records27/100
Trust Score
Caution Indicated
Pil is assessed as Caution Indicated with a Trust Score of 27/100. Pil is a public limited indian non-government company incorporated in 1995, operating in the Infrastructure and Utilities sector. Reported revenue has declined 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 high compliance risk and high financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Pratibha Industries 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 ScoreCaution Indicated
27/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
5/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 4 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: 45/100 Caution Indicated
- Negative operating earnings - debt service depends on external support.
- Externally credit-rated (D).
Charges position: 65 open (10,039.51 cr) · 139 satisfied (3,319.93 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Sbicap Trustee Company Limited | 2 | 48.0 cr |
| Bank Of Baroda | 13 | 48.0 cr |
| Others | 6 | 48.0 cr |
| Axis Bank Limited | 7 | 48.0 cr |
| Bank Of Baroda-Lead Consortium Bank | 1 | 48.0 cr |
| Punjab National Bank | 8 | 48.0 cr |
Compliance Score: 5/100 Caution Indicated
- Company status is "Under Liquidation" - not Active.
- Marked ACTIVE non-compliant (INC-22A).
- Last balance sheet is for Mar 2017 - filings overdue.
- Flagged by authority: NCLT, NSE, MSEI.
- Litigation present in 5 court forum(s).
- 6 active GST registration(s).
Legal cases on record (5)
05
Director Intelligence
Stability score: 55/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| AJIT BHAGWAN KULKARNI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUNANDA DATTA KULKARNI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| r. SETHURAMAN HARIHAR KONGAD | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| VILAS BHAGWANT PARULEKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 4 directors on the board.
- AJIT BHAGWAN KULKARNI has DIN status "Disqualified by RoC u/s 164(2)".
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
| 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 2017 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
-
Subsidiaries
3
Group entities
3
Capital events
6 allotment(s) · 0 transfer(s)
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Muktangan Developers Private Limited | Subsidiary Company | 74.00% |
| Pratibha Holding (singapore) Pte Limited | Subsidiary Company | 74.00% |
| Pratibha Infra Lanka (private) Limited | Subsidiary Company | 74.00% |
| Prime Infrapark Private Limited | Subsidiary Company | 74.00% |
| Femc Pratibha Jv | Joint Ventures | 74.00% |
| Itd Pratibha Consortium | Joint Ventures | 74.00% |
| Patel Pratibha Jv | Joint Ventures | 74.00% |
| Pratibha Al Ambia Jv | Joint Ventures | 74.00% |
| Pratibha Aparna Jv | Joint Ventures | 74.00% |
| Pratibha Crfg Jv | Joint Ventures | 74.00% |
Key managerial personnel: r. SETHURAMAN HARIHAR KONGAD (CFO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 40 · Distress 5
Growth signals & trust indicators
Operating for 30+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Under Liquidation.
Compliance score is weak (5/100).
65 open charge(s) registered - assets are encumbered.
5 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence12/100
Caution indicated
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 5 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment23/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 65 open charge(s) of 10,039.51 cr already registered.
- Compliance gaps should be priced into terms.
Investor view24/100
Limited indicators at present
Growth quality and scalability through an investor lens.
- No clear growth signals in the filed years.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events25 Dec 2018
Director ceased
SHARAD PRABHAKAR DESHPANDE
12 May 2018
Director ceased
HARESH MULJIBHAI ADHIA
31 Mar 2018
Director ceased
AJIT BHAGWAN KULKARNI
21 Mar 2018
Director ceased
SUNDER LALL DHINGRA
20 Mar 2018
Director ceased
SIVAKUMARAN VAIDYANATHAN
Director ceased
AWINASH MARUTIRAO ARONDEKAR
20 Feb 2018
Director appointed
SUNANDA DATTA KULKARNI (Additional Director)
21 Dec 2017
Director ceased
SHRIKANT TRIMBAK GADRE
29 Sep 2017
Director ceased
RAVI AJIT KULKARNI
Last AGM held
Annual general meeting
31 Mar 2017
Director ceased
RAJESH KARUNAKARA HEGDE
Latest balance sheet
Filed with ROC
11 Jan 2017
Charge created
Bank Of India - 34.00 cr
07 Jan 2017
Securities allotted
13453449 Equity Shares - 2.69 cr raised
04 Jan 2017
Securities allotted
124088507 Equity Shares - 24.82 cr raised
10
Key Observations
Auto-generated from the data aboveRevenue declined 38% over the last 3 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
4 active director(s) / partner(s); review board churn before relying on management continuity.
6 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 3 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of D from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2017 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
6 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Transstroy (India) Limited | U45203AP2001PLC036905 | Guntur, Andhra Pradesh, India |
| M B Patil Constructions Limited | U45200MH2003PLC138810 | Mumbai, Maharashtra, India |
| High Ground Enterprise Limited | L74999MH1986PLC222681 | Mumbai, Maharashtra, India |
| Bihar State Road Development Corporation Limited | U45203BR2009SGC014434 | Patna, Bihar, India |
| C & C Constructions | L45201DL1996PLC080401 | South Delhi, Delhi, India |
| Uttar Pradesh State Bridge Corpn Limited | U45203UP1972SGC003623 | Uttar Pradesh, Uttar Pradesh, India |
| Pan India Infraprojects Private Limited | U92412MH2007PTC171016 | Mumbai, Maharashtra, India |
| Punj Lloyd Group | L74899DL1988PLC033314 | New Delhi, Delhi, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Pil before audits and certifications: compliance score 5/100, 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: 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: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Pil - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 27/100, distress signals and MSME payment-delay disclosures - know whether Pil pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (5 case(s) on record), regulatory flags, charge documents trail and director networks for Pil - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Pil an active company?
Pil has MCA status “Under Liquidation” with a compliance score of 5/100 (Caution Indicated).
Is Pil financially healthy?
Pil has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.
Should I do business with Pil?
Its overall Trust Score is 27/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Pil?
Promoters hold a minority stake - exact percentages are in the full report. 4 active director(s) are on record.
Does Pil have loans or charges against its assets?
65 open charge(s) are registered against its assets, and 139 earlier charge(s) stand satisfied.
Is Pil up to date with its ROC filings?
Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 5/100 (Caution Indicated).
Is it risky to lend to Pil?
Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.
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.
