Reliable Software Systems Private Limited - Due diligence report

A 360° intelligence report on Reliable Software: trust score, financial health, credit view, compliance, directors, growth and distress sign…

1992-08-24 Mumbai, Maharashtra Active Unlisted Active Compliant
Share
View plans
RS Reliable Software Systems Private 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 ₹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

Reliable Software — 360° Intelligence Report

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

Reliable Software is assessed as Low Risk with a Trust Score of 78/100. Reliable Software is an active private limited indian non-government company incorporated in 1992, operating in the Internet 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 low compliance risk and moderate financial risk profile.

Report generated on 27 Jun 2026 from the latest processed filings. Reliable Software Systems Private Limited 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
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
78/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
70/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
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: 70/100 Moderate
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.

Charges position: 2 open (1.40 cr) · 6 satisfied (3.56 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Dhanlaxmi Bank Limited1 48.0 cr
Hdfc Bank Limited2 48.0 cr
Hdb Financial Services Limited1 48.0 cr
Bank Of India4 48.0 cr
Compliance Score: 78/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 auditor resignation(s) filed - latest: Vinay Sanjay & Associates on 2021-09-01.
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
KIRAN SHANKAR SAGARKAR 01234567 Director 01/04/2018 6 yrs Approved
KAVITA KIRAN SAGARKAR 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
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 2024 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
1
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
Maths Capital Management Private Limited Associate Company 74.00%

Key managerial personnel: KIRAN SHANKAR SAGARKAR (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 75
Growth signals & trust indicators
Operating for 33+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
2 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence77/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment68/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 1.40 cr already registered.
  • Compliance record supports lending.
Investor view55/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
28 Mar 2023
Charge created
Hdfc Bank Limited - 1.00 cr
09 Mar 2021
Director ceased
SHANKAR KORAGA SAGARKAR
26 Jun 2019
Charge satisfied
Dhanlaxmi Bank Limited
30 May 2018
Charge satisfied
Hdb Financial Services Limited
23 Mar 2015
Securities allotted
66500.00 Equity Shares - 1.50 cr raised
18 Sep 2012
Charge created
Hdfc Bank Limited - 40.00 Lakh
31 Dec 2011
Charge created
Hdb Financial Services Limited - 1.25 cr
30 Mar 2011
Charge created
Dhanlaxmi Bank Limited - 1.82 cr
13 Apr 2010
Charge satisfied
Bank Of India
27 Apr 2004
Charge created
Bank Of India - 10.00 Lakh
26 Feb 2001
Charge created
Bank Of India - 7.00 Lakh
Charge created
Bank Of India - 23.62 Lakh
20 Dec 1999
Charge created
Bank Of India - 8.00 Lakh
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
2 active director(s) / partner(s); board looks stable and experienced.
1 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 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 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Care Mb India Private Limited U74994TN2018PTC120800 Egmore Nungambakka, Tamil Nadu, India
Thiran Technologies Private Limited U72900TN2017PTC118769 Chennai, Tamil Nadu, India
Market Pulse U74999MH2016PTC285256 Mumbai, Maharashtra, India
Mobcast U72300MH2013PTC251488 Mumbai, Maharashtra, India
Qeagle Assurance Private Limited U72900TN2019PTC132090 Saidapet, Tamil Nadu, India
Vams Safeguard Private Limited U72900MH2011PTC215110 Mumbai, Maharashtra, India
Microscan Computers U72100MH2010PTC211603 Mumbai, Maharashtra, India
Paytm U62090DL2017PLC321165 New Delhi, Delhi, India
12

Who Uses This Report

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

Verify Reliable Software before audits and certifications: compliance score 78/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Reliable Software: 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 70/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Reliable Software - 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 Reliable Software 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 Reliable Software - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Reliable Software an active company?

Reliable Software has MCA status “Active” with a compliance score of 78/100 (Low Risk).

Is Reliable Software financially healthy?

Reliable Software has a Financial Health Score of 55/100 (Moderate) based on its filed financial statements.

Should I do business with Reliable Software?

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 Reliable Software?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Reliable Software have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 6 earlier charge(s) stand satisfied.

Is Reliable Software up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 78/100 (Low Risk).

Is it risky to lend to Reliable Software?

Its Credit Risk Score is 70/100 (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.