S K S Textiles Limited - Due diligence report

A 360° intelligence report on S K S Textiles: trust score, financial health, credit view, compliance, directors, growth and distress signals…

1997-10-20 Thane, Maharashtra Under Cirp Listed Active Compliant
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SK S K S Textiles Limited
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S K S Textiles — 360° Intelligence Report

Generated from MCA filings & public records
33/100
Trust Score
Caution Indicated

S K S Textiles is assessed as Caution Indicated with a Trust Score of 33/100. S K S Textiles is a public limited indian non-government company incorporated in 1997, operating in the Fashion and Textile 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 15 Jul 2026 from the latest processed filings. S K S Textiles Limited snapshot & full profile →

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
33/100
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
40/100
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
5/100
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.

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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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 7 open (64.07 cr) · 2 satisfied (62.25 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India1 48.0 cr
Standard Chartered Bank4 48.0 cr
Hdfc Bank Limited1 48.0 cr
Dbs Bank Ltd2 48.0 cr
Others1 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Under Cirp" - not Active.
  • Last balance sheet is for Mar 2021 - filings overdue.
  • Flagged by authority: NCLT.
  • 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
NOKHELAL DUIJ VARMA 01234567 Director 01/04/2018 6 yrs Approved
VICKY SUKANRAJ SHAH 01234567 Director 01/04/2018 6 yrs Approved
VICKY SUKANRAJ SHAH 01234567 Director 01/04/2018 6 yrs Approved
SUKANRAJ BHABUTMAL SHAH 01234567 Director 01/04/2018 6 yrs Approved
MIHIR MANEK MAHENDRAKUMAR 01234567 Director 01/04/2018 6 yrs Approved
  • 5 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 2017)
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 2021 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
16 allotment(s) · 0 transfer(s)

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

Key managerial personnel: VICKY SUKANRAJ SHAH (Managing Director) · VICKY SUKANRAJ SHAH (CFO) · SUKANRAJ BHABUTMAL SHAH (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 5
Growth signals & trust indicators
Operating for 28+ 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 Cirp.
Compliance score is weak (5/100).
7 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 diligence13/100
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 assessment21/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 7 open charge(s) of 64.07 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view26/100
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 15 events
29 Sep 2021
Last AGM held
Annual general meeting
31 Mar 2021
Latest balance sheet
Filed with ROC
01 Feb 2021
Charge created
Standard Chartered Bank - 4.00 cr
09 Dec 2020
Director ceased
SAPNA VICKY SHAH
Director ceased
SAHIL SUKANRAJ SHAH
28 Oct 2020
Charge created
Others - 3.84 cr
30 Sep 2020
Director ceased
NOKHELAL DUIJ VARMA
28 Jul 2020
Director appointed
NOKHELAL DUIJ VARMA (Director)
11 Feb 2020
Director ceased
SATISH ANAND SHARMA
28 Jun 2019
Charge created
Standard Chartered Bank - 64.00 Lakh
31 Jan 2018
Securities allotted
888000 Equity Shares Without Differential Rights - 13.32 cr raised
17 Jan 2018
Securities allotted
888000 Equity Shares Without Differential Rights - 13.32 cr raised
15 Nov 2017
Charge satisfied
Hdfc Bank Limited
09 Aug 2017
Director ceased
SUKANRAJ BHABUTMAL SHAH
26 Jul 2017
Director appointed
MIHIR MANEK MAHENDRAKUMAR (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
5 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 majority stake as per the FY 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 16 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Span India Pvt Ltd U74899DL1977PTC008672 Delhi, Delhi, India
Natural Consumercare Marketing Private Limited U52190RJ2006PTC022026 Jaipur, Rajasthan, India
Kaushiki Shoes Private Limited U74999DL2018PTC341173 New Delhi, Delhi, India
Himalaya Cotton Yarn Limited U17111GJ2004PLC043506 Surat, Gujarat, India
Jharkhand Silk Textile And Handicraft Development Corporation Limited U17122JH2006SGC012606 Ranchi, Jharkhand, India
Pinnacle Polymers Private Limited U25209DL2012PTC244683 New Delhi, Delhi, India
Titu And Mahendra Tex Private Limited U17119GJ1989PTC013122 Surat, Gujarat, India
Oj Fashions India Private Limited U18109WB2017PTC223658 Kolkata, West Bengal, India
12

Who Uses This Report

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

Verify S K S Textiles 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 S K S Textiles: 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 40/100, 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 S K S Textiles - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 33/100, distress signals and MSME payment-delay disclosures - know whether S K S Textiles 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 S K S Textiles - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is S K S Textiles an active company?

S K S Textiles has MCA status “Under Cirp” with a compliance score of 5/100 (Caution Indicated).

Is S K S Textiles financially healthy?

S K S Textiles has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with S K S Textiles?

Its overall Trust Score is 33/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls S K S Textiles?

Promoters hold a majority stake - exact percentages are in the full report. 5 active director(s) are on record.

Does S K S Textiles have loans or charges against its assets?

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

Is S K S Textiles up to date with its ROC filings?

Last balance sheet is for Mar 2021 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to S K S Textiles?

Its Credit Risk Score is 40/100 (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.