Sitics Logistic Solutions Private Limited - Due diligence report

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

2007-12-07 Palakkad, Kerala Active Unlisted Active Compliant
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SL Sitics Logistic Solutions Private Limited
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Sitics — 360° Intelligence Report

Generated from MCA filings & public records
72/100
Trust Score
Moderate

Sitics is assessed as Moderate with a Trust Score of 72/100. Sitics is an active private limited indian non-government company incorporated in 2007, operating in the Transport and Logistics sector. The company has shown revenue growth 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 moderate compliance risk and high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Sitics Logistic Solutions Private Limited snapshot & full profile →

Financial Health › Neutral
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 ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
74/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
20/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
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: 20/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).

Charges position: 22 open (67.43 cr) · 10 satisfied (31.60 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Axis Bank Limited7 48.0 cr
Hdfc Bank Limited11 48.0 cr
Others12 48.0 cr
Standard Chartered Bank2 48.0 cr
Compliance Score: 74/100 Moderate
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 2 court forum(s).
  • 6 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
CHANDRASEKARAN PRANESHKUMAR 01234567 Director 01/04/2018 6 yrs Approved
HARIDAS THEKKIVEETTIL 01234567 Director 01/04/2018 6 yrs Approved
SIKANDER MAMMI AMBATTUVALAPPIL 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

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
-
Subsidiaries
-
Group entities
-
Capital events
5 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Sitics Logistics Solutions (m) Sdn.bhd Subsidiary Company 74.00%

Key managerial personnel: SIKANDER MAMMI AMBATTUVALAPPIL (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 65
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Asset base grew 0.86 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 18+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Outside liabilities up 61% in a year.
22 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 diligence71/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment41/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 22 open charge(s) of 67.43 cr already registered.
  • Compliance record supports lending.
Investor view70/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
31 Mar 2025
Charge created
Hdfc Bank Limited - 49.10 Lakh
12 Mar 2025
Charge satisfied
Others
30 Dec 2024
Last AGM held
Annual general meeting
26 Sep 2024
Charge satisfied
Standard Chartered Bank
05 Aug 2024
Charge satisfied
Others
29 Jul 2024
Charge satisfied
Others
06 Jul 2024
Charge satisfied
Hdfc Bank Limited
03 May 2024
Charge created
Others - 5.00 cr
30 Apr 2024
Charge created
Hdfc Bank Limited - 1.14 cr
31 Mar 2024
Latest balance sheet
Filed with ROC
22 Dec 2023
Charge created
Others - 6.00 cr
16 Nov 2023
Charge created
Hdfc Bank Limited - 20.00 cr
15 Nov 2022
Charge created
Others - 2.65 cr
22 Aug 2022
Securities allotted
64 Preference Shares - 9.92 Lakh raised
28 Feb 2022
Charge created
Others - 12.32 Lakh
10

Key Observations

Auto-generated from the data above
Revenue grew 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - leverage worth monitoring.
Net worth is positive.
3 active director(s) / partner(s); board looks stable and experienced.
6 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 2022 annual return.
Capital has been raised through 5 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Bird U62200DL2008PTC184155 New Delhi, Delhi, India
Tg Terminals Private Limited U74900MH2015FTC270228 Mumbai, Maharashtra, India
Shoolin Shipping Services (India) Private Limited U74999MH2011PTC218900 Mumbai, Maharashtra, India
Blue Bell Logistics Private Limited U63090DL2012PTC241563 New Delhi, Delhi, India
Abcn Logistics Private Limited U63090MH1998PTC116336 Mumbai, Maharashtra, India
Freight Lines (India) Pvt Ltd U63030MH1987PTC042318 Mumbai, Maharashtra, India
Total Movements U74999MH2018PTC304599 Mumbai, Maharashtra, India
Wefreight India Private Limited U74999MH2019PTC328229 Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Sitics before audits and certifications: compliance score 74/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Sitics: 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 20/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Sitics - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Sitics 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 Sitics - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Sitics an active company?

Sitics has MCA status “Active” with a compliance score of 74/100 (Moderate).

Is Sitics financially healthy?

Sitics has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Sitics?

Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Sitics?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Sitics have loans or charges against its assets?

22 open charge(s) are registered against its assets, and 10 earlier charge(s) stand satisfied.

Is Sitics up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 74/100 (Moderate).

Is it risky to lend to Sitics?

Its Credit Risk Score is 20/100 (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.