Riteway Packaging Private Limited - Due diligence report

A 360° intelligence report on Riteway Packaging Private Limited: trust score, financial health, credit view, compliance, directors, growth a…

2012-04-17 Bangalore, Karnataka Active Unlisted Active Non-Compliant
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Riteway Packaging Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
40/100
Trust Score
Caution Indicated

Riteway Packaging Private Limited is assessed as Caution Indicated with a Trust Score of 40/100. Riteway Packaging Private Limited is an active private limited indian non-government company incorporated in 2012, operating in the Packaging 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 03 Aug 2026 from the latest processed filings. Riteway Packaging Private Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

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 ScoreCaution Indicated
40/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
11/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
10/100
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 ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
30/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 2 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: 45/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Working-capital cover adequate.

Charges position: 4 open (5.08 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Others2 48.0 cr
Indian Bank1 48.0 cr
Canara Bank1 48.0 cr
Compliance Score: 11/100 Caution Indicated
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2020 - filings overdue.
  • Flagged by authority: MCA.
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
DHANALAKSHMI 01234567 Director 01/04/2018 6 yrs Approved
KAVITHASAN 01234567 Director 01/04/2018 6 yrs Approved
KULANTHAI GOUNDER SUBRAMANI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 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

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
-

Key managerial personnel: KAVITHASAN (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 30
Growth signals & trust indicators
Operating for 14+ 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.
Compliance score is weak (11/100).
4 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence25/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment26/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 5.08 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view30/100
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 team looks stable.
09

MCA Filings & Events Timeline

Latest 14 events
10 Nov 2021
Charge created
Canara Bank - 65.00 Lakh
31 Dec 2020
Last AGM held
Annual general meeting
31 Mar 2020
Latest balance sheet
Filed with ROC
31 Jan 2018
Charge created
Others - 1.42 cr
18 Dec 2017
Charge created
Others - 1.50 cr
29 Jan 2015
Director ceased
SHYLA MOHAN KUMAR
Director ceased
MOHAN KUMAR
24 Jan 2015
Director appointed
KULANTHAI GOUNDER SUBRAMANI (Additional Director)
16 Oct 2013
Director ceased
DHANALAKSHMI
07 Jul 2012
Charge created
Indian Bank - 1.51 cr
29 Jun 2012
Director appointed
DHANALAKSHMI (Director)
17 Apr 2012
Incorporated
Registered with Roc Bangalore
Director appointed
KAVITHASAN (Managing Director)
Director ceased
KAVITHASAN
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 1 financial year(s).
Net profit margin moved from 2.1x to 24%.
3 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.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Eltete India Transport Packaging Company Private Limited U63090GJ2001PTC084350 Pardi, Gujarat, India
Naachiar Packaging Private Limited U21010TZ2010PTC016634 Coimbatore, Tamil Nadu, India
Mittal Punch And Packs Private Limited U74950MH1995PTC085645 Mumbai, Maharashtra, India
Emm Gee Packagings Pvt Ltd U25202HR1985PTC022583 Haryana, Haryana, India
Annapurna Laminators Private Limited U74993JK1996PTC001554 Jammu And Kashmir, Jammu & Kashmir, India
Desi Corru Flute Private Limited U21020KA2009PTC050929 Bangalore, Karnataka, India
Sumant Foods Private Limited U74900UP2010PTC041624 Raebareli, Uttar Pradesh, India
Interchem Private Limited U24117RJ1993PTC007798 Jodhpur, Rajasthan, India
12

Who Uses This Report

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

Verify Riteway Packaging Private Limited before audits and certifications: compliance score 11/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Riteway Packaging 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: 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 Riteway Packaging Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 40/100, distress signals and MSME payment-delay disclosures - know whether Riteway Packaging Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Riteway Packaging Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Riteway Packaging Private Limited an active company?

Riteway Packaging Private Limited has MCA status “Active” with a compliance score of 11/100 (Caution Indicated).

Is Riteway Packaging Private Limited financially healthy?

Riteway Packaging Private Limited has a Financial Health Score of 10/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Riteway Packaging Private Limited?

Its overall Trust Score is 40/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Riteway Packaging Private Limited?

See the directors and ownership sections above for board and shareholding detail. 3 active director(s) are on record.

Does Riteway Packaging Private Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets.

Is Riteway Packaging Private Limited up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 11/100 (Caution Indicated).

Is it risky to lend to Riteway Packaging Private Limited?

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.