Steelmax Alloys Limited - Due diligence report

A 360° intelligence report on Steelmax Alloys Limited: trust score, financial health, credit view, compliance, directors, growth and distres…

1994-04-05 Palakkad, Kerala Active Unlisted Active Compliant
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Steelmax Alloys Limited — 360° Intelligence Report

Generated from MCA filings & public records
63/100
Trust Score
Moderate

Steelmax Alloys Limited is assessed as Moderate with a Trust Score of 63/100. Steelmax Alloys Limited is an active public limited indian non-government company incorporated in 1994, operating in the Metals and Minerals 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 25 Jul 2026 from the latest processed filings. Steelmax Alloys Limited snapshot & full profile →

Financial Health › Caution
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
63/100
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
15/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Externally credit-rated (B).

Charges position: 2 open (5.75 cr) · 6 satisfied (8.34 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of Mysore3 48.0 cr
State Bank Of India1 48.0 cr
Indl Reconstruction Bank Of India1 48.0 cr
Kerala Financial Corp.1 48.0 cr
Kerala Financial Corporation1 48.0 cr
Daimler Financial Services India Private Limited1 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).
  • 2 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
MOHAMED SAFEER 01234567 Director 01/04/2018 6 yrs Approved
PARAYIL ASHARAF 01234567 Director 01/04/2018 6 yrs Approved
KODALIL ABDUL NAZAR 01234567 Director 01/04/2018 6 yrs Approved
KOODATHIL SHABIR 01234567 Director 01/04/2018 6 yrs Approved
  • 4 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 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
6 allotment(s) · 0 transfer(s)

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

Key managerial personnel: PARAYIL ASHARAF (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 55
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Operating for 32+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
Negative net worth.
2 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 diligence65/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment43/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 5.75 cr already registered.
  • Compliance record supports lending.
Investor view49/100
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
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
06 Sep 2022
Director ceased
PARAYIL MOIDEENKUTTY
Director ceased
MANGATTIL MAJEED
Director ceased
PARAYIL KUNHIMOHAMED
Director ceased
PARAYIL ALIASBAVA MAMMUKUTTY
Director ceased
MANGATTIL MOOSA KUTTY
30 Sep 2019
Director ceased
ABDULLAH ATHIYANATHIL
Director ceased
MANGATTIL UMMER
Director ceased
MOHAMMED KOYA MOHAMED BASHEER
06 Feb 2019
Charge satisfied
State Bank Of Mysore
17 Jun 2017
Securities allotted
23880 Equity Shares - 4.78 Lakh raised
31 May 2017
Securities allotted
403980 Equity Shares - 80.80 Lakh raised
29 Mar 2017
Securities allotted
101490 Equity Shares - 20.30 Lakh raised
02 Nov 2016
Charge satisfied
Daimler Financial Services India Private Limited
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
4 active director(s) / partner(s); board looks stable and experienced.
2 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of B from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority 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.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Dekson L27104MH2005PLC158380 Aurangabad, Maharashtra, India
Paradise Wires Limited U31300DL2005PLC135766 New Delhi, Delhi, India
Ram Prakash Jewellers Private Limited U36911DL2005PTC144105 New Delhi, Delhi, India
Greentech Minerals Private Limited U26999JH2020PTC014972 Seraikella Kharsawan, Jharkhand, India
Geekay Metals Pvt Ltd U27106MP1988PTC004774 Indore, Madhya Pradesh, India
Total Tools And Equipments P Ltd U29220MH1989PTC052892 Mumbai, Maharashtra, India
S.L.G Metal Industries Private Limited U27100DL2008PTC174943 Delhi, Delhi, India
M. Bafna Technovations Private Limited U74140RJ1991PTC005845 Jaipur, Rajasthan, India
12

Who Uses This Report

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

Verify Steelmax Alloys Limited 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 Steelmax Alloys 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: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 70/100, margin trends, ownership structure and peer set for Steelmax Alloys Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 63/100, distress signals and MSME payment-delay disclosures - know whether Steelmax Alloys Limited 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 Steelmax Alloys Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Steelmax Alloys Limited an active company?

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

Is Steelmax Alloys Limited financially healthy?

Steelmax Alloys Limited has a Financial Health Score of 15/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Steelmax Alloys Limited?

Its overall Trust Score is 63/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Steelmax Alloys Limited?

Promoters hold a minority stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Steelmax Alloys Limited have loans or charges against its assets?

2 open charge(s) are registered against its assets, and 6 earlier charge(s) stand satisfied.

Is Steelmax Alloys Limited 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 Steelmax Alloys Limited?

Its Credit Risk Score is 45/100 (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.