Promoter holding
64.27%
SP
Simplex Projects Ltd - Due diligence report
A 360° intelligence report on Simplexprojects: trust score, financial health, credit view, compliance, directors, growth and distress signal…
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Simplexprojects — 360° Intelligence Report
Generated from MCA filings & public records59/100
Trust Score
Moderate
Simplexprojects is assessed as Moderate with a Trust Score of 59/100. Simplexprojects is an active public limited indian non-government company incorporated in 1990, operating in the Infrastructure and Utilities 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 high compliance risk and moderate financial risk profile.
Report generated on 11 Jul 2026 from the latest processed filings. Simplex Projects Ltd snapshot & full profile →
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 & explainableTrust ScoreModerate
59/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
25/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
60/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
35/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
50/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores 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: 35/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Elevated gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 84 open (3,673.10 cr) · 9 satisfied (62.23 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 2 | 48.0 cr |
| Uco Bank | 3 | 48.0 cr |
| Axis Bank Limited | 3 | 48.0 cr |
| Bank Of Baroda | 1 | 48.0 cr |
| Others | 4 | 48.0 cr |
| Idbi Bank Limited | 1 | 48.0 cr |
Compliance Score: 25/100 Caution Indicated
- Company status is Active as per MCA.
- Last balance sheet is for Mar 2023 - filings overdue.
- Flagged by authority: NCLT, MSEI, BSE.
- Litigation present in 4 court forum(s).
- 7 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SAGARIKA GHOSH CHAKRABORTY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SOHINI SHUKLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUDARSHAN DAS MUNDHRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BALKRISHAN DAS MUNDHRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Sudarsshhan Das Mundhra | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 5 directors on the board.
- No disqualified or deactivated DINs.
- 1 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2017)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2020 annual returnPublic / 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
2
Capital events
1 allotment(s) · 0 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Simplexprojects Road And Highway Constructions Pvt Ltd | Associate Company | 74.00% |
| Simpark Infrastructure Private Limited | Associate Company | 74.00% |
Key managerial personnel: SUDARSHAN DAS MUNDHRA (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 50 · Distress 55
Growth signals & trust indicators
Net margin improved to 2.1x.
EPFO headcount growing - hiring signal.
Operating for 35+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Profit declined two years in a row.
Statutory filings appear overdue.
Compliance score is weak (25/100).
84 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence44/100
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.
- 84 open charge(s) of 3,673.10 cr already registered.
- Compliance gaps should be priced into terms.
Investor view56/100
Mixed indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events21 Aug 2025
Last AGM held
Annual general meeting
10 Sep 2024
Director ceased
SUTANU SINHA
31 Mar 2023
Latest balance sheet
Filed with ROC
18 Dec 2020
Director ceased
SAGARIKA GHOSH CHAKRABORTY
12 Mar 2020
Director appointed
SAGARIKA GHOSH CHAKRABORTY (Director)
19 Nov 2018
Director appointed
SOHINI SHUKLA (Company Secretary)
14 Jul 2018
Director appointed
Sudarsshhan Das Mundhra (Cfo)
Director ceased
SUDARSHAN DAS MUNDHRA
Director ceased
BALKRISHAN DAS MUNDHRA
03 Apr 2018
Charge created
Others - 5.25 cr
19 Mar 2018
Director ceased
JAIKISHAN BAGRI
31 Dec 2017
Charge created
Others - 1.50 cr
31 Oct 2017
Director ceased
NANDINI JHANWAR
25 Sep 2017
Director ceased
BHABYA NATH THAKUR
22 Aug 2017
Director ceased
ANAND CHOPRA
10
Key Observations
Auto-generated from the data aboveRevenue declined 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
5 active director(s) / partner(s); board looks stable and experienced.
7 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2020 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.
| Company | CIN | Location |
|---|---|---|
| Dlk Projects Private Limited | U45400TN2009PTC071976 | Chennai, Tamil Nadu, India |
| China First Metallurgical Construction India Private Limited | U45203MH2004PTC146861 | Navi Mumbai, Maharashtra, India |
| Vishal Structurals Private Limited | U28920MH1983PTC030252 | Navi Mumbai, Maharashtra, India |
| Anwesha | U29199GJ1998PLC034128 | Vadodara, Gujarat, India |
| Bil Infratech | U45400WB2010PLC151807 | Kolkata, West Bengal, India |
| Rsr Infra Works (India) Private Limited | U45209AP2010PTC068796 | Rajahmundry, Andhra Pradesh, India |
| Shalaka Infra-Tech (India) Private Limited | U45203PN2006PTC021915 | Pune, Maharashtra, India |
| Furnace Fabrica | U28123KL1985PLC026752 | Ernakulam, Kerala, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Simplexprojects before audits and certifications: compliance score 25/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Simplexprojects: 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 35/100, 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 Simplexprojects - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Caution indicated. Trust score 59/100, distress signals and MSME payment-delay disclosures - know whether Simplexprojects pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Simplexprojects - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Simplexprojects an active company?
Simplexprojects has MCA status “Active” with a compliance score of 25/100 (Caution Indicated).
Is Simplexprojects financially healthy?
Simplexprojects has a Financial Health Score of 60/100 (Moderate) based on its filed financial statements.
Should I do business with Simplexprojects?
Its overall Trust Score is 59/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Simplexprojects?
Promoters hold a majority stake - exact percentages are in the full report. 5 active director(s) are on record.
Does Simplexprojects have loans or charges against its assets?
84 open charge(s) are registered against its assets, and 9 earlier charge(s) stand satisfied.
Is Simplexprojects up to date with its ROC filings?
Last balance sheet is for Mar 2023 - filings overdue. Overall compliance score: 25/100 (Caution Indicated).
Is it risky to lend to Simplexprojects?
Its Credit Risk Score is 35/100 (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.
