Sphere Engineers Private Limited - Due diligence report

A 360° intelligence report on Sphere Engineers Private Limited: trust score, financial health, credit view, compliance, directors, growth an…

1973-09-10 Thane, Maharashtra Active Unlisted Active Compliant
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Sphere Engineers Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
68/100
Trust Score
Moderate

Sphere Engineers Private Limited is assessed as Moderate with a Trust Score of 68/100. Sphere Engineers Private Limited is an active private limited indian non-government company incorporated in 1973, operating in the Metals and Minerals 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 low compliance risk and high financial risk profile.

Report generated on 13 Aug 2026 from the latest processed filings. Sphere Engineers Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Good
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
68/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
30/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
25/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
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: 25/100 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.

Charges position: 10 open (91.22 Lakh) · 1 satisfied (18.20 Lakh).

Banking relationships (from registered charges)
LenderChargesAmount
Ghri Arihant Co-Op Bank Ltd2 48.0 cr
Canara Bank5 48.0 cr
The Saraswat Co-Operative Bank Ltd1 48.0 cr
Bank Of India3 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
JAYSUKHLAL BHAICHAND MEHTA 01234567 Director 01/04/2018 6 yrs Approved
JAYANTILAL PREMCHAND MEHTA 01234567 Director 01/04/2018 6 yrs Approved
PRANAY JAYANTILAL MEHTA 01234567 Director 01/04/2018 6 yrs Approved
NIPUN JAYSUKHLAL MEHTA 01234567 Director 01/04/2018 6 yrs Approved
NIKHIL JAYANTILAL MEHTA 01234567 Director 01/04/2018 6 yrs Approved
SAMEER JAYSUKHLAL MEHTA 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • JAYSUKHLAL BHAICHAND MEHTA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
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 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
-

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 60
Growth signals & trust indicators
Operating for 52+ 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.
10 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence78/100
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 assessment45/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 10 open charge(s) of 91.22 Lakh already registered.
  • Compliance record supports lending.
Investor view44/100
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 churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
07 Apr 2025
Director ceased
JAYANTILAL PREMCHAND MEHTA
31 Mar 2025
Latest balance sheet
Filed with ROC
02 Feb 2016
Charge satisfied
The Saraswat Co-Operative Bank Ltd
25 Sep 2012
Charge created
The Saraswat Co-Operative Bank Ltd - 18.20 Lakh
31 Mar 2012
Director appointed
NIKHIL JAYANTILAL MEHTA (Director)
Director appointed
SAMEER JAYSUKHLAL MEHTA (Director)
19 Jun 1996
Charge created
Ghri Arihant Co-Op Bank Ltd - 30.00 Lakh
31 Mar 1994
Director appointed
PRANAY JAYANTILAL MEHTA (Director)
08 Mar 1994
Director appointed
NIPUN JAYSUKHLAL MEHTA (Director)
17 Nov 1993
Charge created
Ghri Arihant Co-Op Bank Ltd - 25.42 Lakh
10 Aug 1991
Charge created
Canara Bank - 5.75 Lakh
31 Jul 1989
Charge created
Canara Bank - 4.80 Lakh
22 May 1989
Charge created
Canara Bank - 14.25 Lakh
18 Jan 1986
Charge created
Bank Of India - 1.50 Lakh
10

Key Observations

Auto-generated from the data above
Revenue declined 2.1x over the last 4 financial year(s).
Net profit margin moved from 24% to 0.86.
Debt-to-equity stands at 61% - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
6 active director(s) / partner(s); review board churn before relying on management continuity.
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.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Stahlkind U29100KL2017PTC050221 Palakkad, Kerala, India
Am Ispat Limited U27100GJ1999PLC146264 Sihor, Gujarat, India
Paramount Home Collections Private Limited U36999UP2023PTC176801 Moradabad, Uttar Pradesh, India
Etal Enser Private Limited U27109WB1997PTC085026 Kolkata, West Bengal, India
Kusum Metals Private Limited U51103TN2008PTC068749 Chennai, Tamil Nadu, India
Modern Rolling Mills Pvt Ltd U27310WB1974PTC029327 Kolkata, West Bengal, India
Balaji Shelving Private Limited U28990MH2018PTC304222 Mumbai, Maharashtra, India
Maadurga Steel Industries Private Limited U74999DL2017PTC315049 Village Alipur, Delhi, India
12

Who Uses This Report

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

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

Company Secretaries (CS)

Track statutory health of Sphere Engineers Private Limited: 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 25/100, 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 Sphere Engineers Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 68/100, distress signals and MSME payment-delay disclosures - know whether Sphere Engineers Private Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Sphere Engineers Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Sphere Engineers Private Limited an active company?

Sphere Engineers Private Limited has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Sphere Engineers Private Limited financially healthy?

Sphere Engineers Private Limited has a Financial Health Score of 30/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Sphere Engineers Private Limited?

Its overall Trust Score is 68/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Sphere Engineers Private Limited?

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

Does Sphere Engineers Private Limited have loans or charges against its assets?

10 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.

Is Sphere Engineers Private Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Sphere Engineers Private Limited?

Its Credit Risk Score is 25/100 (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.