Salzer Spinners Limited - Due diligence report

A 360° intelligence report on Salzer Electronics: trust score, financial health, credit view, compliance, directors, growth and distress sig…

2003-06-18 Coimbatore-641 104, Tamil Nadu Active Unlisted Active Compliant
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SS Salzer Spinners Limited
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Salzer Electronics — 360° Intelligence Report

Generated from MCA filings & public records
79/100
Trust Score
Low Risk

Salzer Electronics is assessed as Low Risk with a Trust Score of 79/100. Salzer Electronics is an active public limited indian non-government company incorporated in 2003, operating in the Manufacturing sector. Reported revenue has declined across its recent filed years. It was profitable 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 19 Jul 2026 from the latest processed filings. Salzer Spinners 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
79/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
81/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
30/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
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: 30/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Profitable - internal accruals available.

Charges position: 3 open (27.20 cr) · 7 satisfied (18.27 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others1 48.0 cr
Canara Bank2 48.0 cr
Tata Capital Financial Services Limited1 48.0 cr
Industrial Developmen Bank Of India1 48.0 cr
Bank Of Baroda1 48.0 cr
State Bank Of Travancore1 48.0 cr
Compliance Score: 81/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 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
DORAISWAMY RANGASWAMY 01234567 Director 01/04/2018 6 yrs Approved
MANIMEGALAI ARUMUGAM 01234567 Director 01/04/2018 6 yrs Approved
RAMANATHAN VENKATESAN 01234567 Director 01/04/2018 6 yrs Approved
RAMANATHAN VENKATESAN 01234567 Director 01/04/2018 6 yrs Approved
Rangasamy Menaka 01234567 Director 01/04/2018 6 yrs Approved
DORAISWAMY VISHNURANGASWAMY 01234567 Director 01/04/2018 6 yrs Approved
  • 6 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
1 allotment(s) · 0 transfer(s)

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

Key managerial personnel: RAMANATHAN VENKATESAN (CFO) · RAMANATHAN VENKATESAN (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 50 · Distress 75
Growth signals & trust indicators
Profit expanded 1.42 year-on-year.
Operating for 23+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
3 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 diligence79/100
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 assessment50/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 27.20 cr already registered.
  • Compliance record supports lending.
Investor view59/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
06 Oct 2025
Charge created
Canara Bank - 4.20 cr
29 Apr 2025
Director appointed
MANIMEGALAI ARUMUGAM (Director)
Director appointed
Rangasamy Menaka (Director)
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
21 Feb 2024
Charge created
Others - 15.00 cr
23 Sep 2022
Charge created
Tata Capital Financial Services Limited - 8.00 cr
01 Mar 2022
Director appointed
RAMANATHAN VENKATESAN (CFO)
Director ceased
NEELAVENI RAMACHANDRAN
16 Feb 2021
Charge satisfied
Canara Bank
29 Sep 2018
Director ceased
DORAISWAMY VISHNURANGASWAMY
26 Dec 2017
Director appointed
DORAISWAMY VISHNURANGASWAMY (Director)
01 Dec 2016
Director ceased
PUDUPATTY RAMASWAMY THIRUVENGADAM
20 Mar 2015
Director ceased
DASAPPAN GOVINDARAJ
Director ceased
RAMASWAMY KARUNAKARAN
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 4 financial year(s).
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 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 2023 annual return.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
K.S.P.S Cfs Park Private Limited U17111TN1990PTC020078 Tuticorin, Tamil Nadu, India
Swargapti Trade Private Limited U19115WB2015PTC205965 Kolkata, West Bengal, India
Mohan Apparels Private Limited U18204AP2015PTC097317 Vijayawada, Andhra Pradesh, India
Radhaballabh Silk Mills Private Limited U17120MH1987PTC045581 Mumbai, Maharashtra, India
Ratha Worldwide Leathers Private Limited U19119TN2000PTC045973 Chennai, Tamil Nadu, India
Vijay Hometex Private Limited U17120TN2014PTC095888 Karur, Tamil Nadu, India
Hind Industrial Packers Private Limited U20219MH2013PTC243173 Nashik, Maharashtra, India
Maruthi Garments Private Limited U17144KA2000PTC027897 Bangalore., Karnataka, India
12

Who Uses This Report

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

Verify Salzer Electronics before audits and certifications: compliance score 81/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Salzer Electronics: 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 30/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 50/100, margin trends, ownership structure and peer set for Salzer Electronics - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 79/100, distress signals and MSME payment-delay disclosures - know whether Salzer Electronics 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 Salzer Electronics - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Salzer Electronics an active company?

Salzer Electronics has MCA status “Active” with a compliance score of 81/100 (Low Risk).

Is Salzer Electronics financially healthy?

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

Should I do business with Salzer Electronics?

Its overall Trust Score is 79/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Salzer Electronics?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 6 active director(s) are on record.

Does Salzer Electronics have loans or charges against its assets?

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

Is Salzer Electronics up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 81/100 (Low Risk).

Is it risky to lend to Salzer Electronics?

Its Credit Risk Score is 30/100 (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.