Simon Electric Private Limited - Due diligence report

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

2006-08-02 Vazhakkala, Kerala Amalgamated Unlisted Active Compliant
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Simon Electric — 360° Intelligence Report

Generated from MCA filings & public records
49/100
Trust Score
Caution Indicated

Simon Electric is assessed as Caution Indicated with a Trust Score of 49/100. Simon Electric is a private limited indian non-government company incorporated in 2006, operating in the Consumer Electronics & Durables 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 moderate financial risk profile.

Report generated on 17 Oct 2026 from the latest processed filings. Simon Electric Private Limited snapshot & full profile →

Financial Health › Good
Overall Assessment CautionWeakNeutralGoodStrong Neutral
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
49/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
55/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
50/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
40/100
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: 50/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 2 satisfied (19.17 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India2 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Litigation present in 2 court forum(s).
  • 1 auditor resignation(s) filed - latest: MZSK AND ASSOCIATES on 2016-02-24.
  • Delayed payments to MSME suppliers disclosed (68 disclosure(s)).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
AMIT GARG 01234567 Director 01/04/2018 6 yrs Approved
ESTEBAN BRETCHA PALACIOUS 01234567 Director 01/04/2018 6 yrs Approved
RAHUL PANDEY 01234567 Director 01/04/2018 6 yrs Approved
VINOD KUMAR 01234567 Director 01/04/2018 6 yrs Approved
SERGIO SIMON VIVES 01234567 Director 01/04/2018 6 yrs Approved
NICOLAS DE TRINCHERIA SIMON 01234567 Director 01/04/2018 6 yrs Approved
VINOD KUMAR 01234567 Director 01/04/2018 6 yrs Approved
  • 7 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 2022)
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 2022 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
Simon Holding Sl
Subsidiaries
-
Group entities
-
Capital events
37 allotment(s) · 2 transfer(s)

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

Group entityRelationship% held
Simon Holding Sl Holding Company 74.00%

Key managerial personnel: VINOD KUMAR (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 40
Growth signals & trust indicators
Asset base grew 38% - capacity expansion.
Operating for 20+ years.
Distress signals & risk flags
Losses deepening year-on-year.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (5/100).
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 38.83 Lakh.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence29/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment40/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view50/100
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
12 Jan 2023
Director appointed
RAHUL PANDEY (Company Secretary)
30 Sep 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
20 Sep 2021
Securities allotted
12906854 Equity Shares - 12.91 cr raised
27 Aug 2021
Securities allotted
835105 Equity Shares - 83.51 Lakh raised
11 Jun 2021
Securities allotted
1294195 Equity Shares - 1.29 cr raised
22 Mar 2021
Securities allotted
2580550 Equity Shares - 2.58 cr raised
31 Dec 2020
Director ceased
ESTEBAN BRETCHA PALACIOUS
04 Dec 2020
Securities allotted
1530165 Equity Shares - 1.53 cr raised
27 Nov 2020
Director appointed
ESTEBAN BRETCHA PALACIOUS (Director)
11 Jul 2020
Securities allotted
1885702 Equity Shares - 1.89 cr raised
30 Apr 2020
Director ceased
LUIS LOPEZBARRENA MURILLO
28 Feb 2020
Securities allotted
3424482 Equity Shares - 3.42 cr raised
16 Dec 2019
Securities allotted
2533465 Equity Shares - 2.53 cr raised
13 Aug 2019
Securities allotted
981193 Equity Shares - 98.12 Lakh raised
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%.
Net worth is positive.
7 active director(s) / partner(s); board looks stable and experienced.
All 2 registered charge(s) stand satisfied - past borrowings repaid.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 37 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Grantville It Solutions (Opc) Private Limited U72900KL2022OPC078678 Ernakulam, Kerala
Universal Frames International Private Limited U92419KL2022PTC076972 Ernakulam, Kerala
Fotaac Technologies Private Limited U62013KL2023PTC083538 Ernakulam, Kerala
Atsmarine Private Limited U30111KL2024PTC091088 Ernakulam, Kerala
CYBORGS SYSTEMS AND SERVICES LLP AAX-4020 Ernakulam, Kerala
INSPIRIT CONSULTANTS LLP AAG-8088 Ernakulam, Kerala
Millionbytes LLP ABB-1143 Ernakulam, Kerala
Kryonetics (Opc) Private Limited U74999KL2018OPC055517 Ernakulam, Kerala
VITTREE FOODWORKS LLP AAR-0743 Ernakulam, Kerala
Ddlc Ai Private Limited U62091KL2024PTC088054 Ernakulam, Kerala
12

Who Uses This Report

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

Verify Simon Electric 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 Simon Electric: 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 50/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 45/100, margin trends, ownership structure and peer set for Simon Electric - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 49/100, distress signals and MSME payment-delay disclosures - know whether Simon Electric 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 Simon Electric - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Simon Electric an active company?

Simon Electric has MCA status “Amalgamated” with a compliance score of 5/100 (Caution Indicated).

Is Simon Electric financially healthy?

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

Should I do business with Simon Electric?

Its overall Trust Score is 49/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Simon Electric?

The ultimate holding entity is Simon Holding Sl. 7 active director(s) are on record.

Does Simon Electric have loans or charges against its assets?

No open charges - all 2 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Simon Electric up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Simon Electric?

Its Credit Risk Score is 50/100 (Moderate). 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.