Promoter holding
64.27%
SE
Suyog Electricals Limited - Due diligence report
A 360° intelligence report on Suyog Electricals Limited: trust score, financial health, credit view, compliance, directors, growth and distr…
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Suyog Electricals Limited — 360° Intelligence Report
Generated from MCA filings & public records74/100
Trust Score
Moderate
Suyog Electricals Limited is assessed as Moderate with a Trust Score of 74/100. Suyog Electricals Limited is an active public limited indian non-government company incorporated in 1982, operating in the Manufacturing sector. The company has shown revenue growth 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 low financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Suyog Electricals Limited 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
74/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
26/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
90/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
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 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: 90/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- Open charges exceed net worth - secured lenders rank ahead.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (A3).
Charges position: 10 open (309.10 cr) · 1 satisfied (10.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 7 | 48.0 cr |
| Axis Bank Limited | 2 | 48.0 cr |
| Hdfc Bank Limited | 1 | 48.0 cr |
| Icici Bank Limited | 1 | 48.0 cr |
Compliance Score: 26/100 Caution Indicated
- Company status is Active as per MCA.
- Balance sheet slightly behind (Mar 2024).
- Flagged by authority: EPFO, BANKS.
- Litigation present in 2 court forum(s).
- 1 auditor resignation(s) filed - latest: J.R.S. PATEL & CO. on 2018-03-17.
- Delayed payments to MSME suppliers disclosed (20 disclosure(s)).
- 1 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| PURVI SAMIR PATEL | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| TOSHAL DESAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ASHWINBHAI KANTILAL SHAH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BIMAL DESAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Bharat Dhirajlal Mehta | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 5 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 2024)
| 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 2024 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
-
Capital events
2 allotment(s) · 0 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
Key managerial personnel: TOSHAL DESAI (Whole-time director) · BIMAL DESAI (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 85 · Distress 90
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Profit expanded 0.86 year-on-year.
EPFO headcount growing - hiring signal.
Operating for 43+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (26/100).
10 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 6.96 cr.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence60/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment76/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 10 open charge(s) of 309.10 cr already registered.
- Compliance gaps should be priced into terms.
Investor view86/100
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 events13 Jun 2025
Director appointed
Bharat Dhirajlal Mehta (Director Appointed In Casual Vacancy)
05 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
21 Mar 2024
Charge created
Axis Bank Limited - 27.00 cr
01 Feb 2024
Charge satisfied
Others
30 Dec 2023
Charge created
Axis Bank Limited - 132.00 cr
02 Dec 2021
Charge created
Others - 49.00 Lakh
27 Nov 2021
Charge created
Others - 10.00 cr
26 Nov 2021
Charge created
Others - 92.00 Lakh
Charge created
Others - 16.00 Lakh
30 Dec 2020
Charge created
Others - 50.00 cr
24 Sep 2020
Director ceased
PURVI SAMIR PATEL
Director ceased
ANIL GANESH NAVANGUL
Director ceased
ASHWINBHAI KANTILAL SHAH
30 Sep 2016
Director ceased
YOGESH MADHAVLAL DESAI
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
5 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of A3 from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 2 security allotment(s) - amounts available in the full report.
1 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Imi Critical Engineering | U51909KA2006FTC040140 | Bangalore South, Karnataka, India |
| Viney | U74899DL1992PLC047911 | Delhi, Delhi, India |
| Apa Engineering (India) | U72200TN2000PTC044317 | Chennai, Tamil Nadu, India |
| Laxmi Hydraulics | U25191PN1980PTC023180 | Solapur, Maharashtra, India |
| Jm Frictech India Private Limited | U74200TN2008PTC068213 | Kancheepuram, Tamil Nadu, India |
| Hd Fire Protect | U29270MH1997PLC107536 | Mumbai, Maharashtra, India |
| Markem - Imaje | U72100DL1997PTC379303 | New Delhi, Delhi, India |
| Krishna Penstone Automotive Private Limited | U35999DL1996PTC075180 | New Delhi, Delhi, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Suyog Electricals Limited before audits and certifications: compliance score 26/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Suyog Electricals 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: Favourable lending indicators. Credit risk score 90/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 85/100, margin trends, ownership structure and peer set for Suyog Electricals Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 74/100, distress signals and MSME payment-delay disclosures - know whether Suyog Electricals 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 Suyog Electricals Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Suyog Electricals Limited an active company?
Suyog Electricals Limited has MCA status “Active” with a compliance score of 26/100 (Caution Indicated).
Is Suyog Electricals Limited financially healthy?
Suyog Electricals Limited has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Suyog Electricals Limited?
Its overall Trust Score is 74/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Suyog Electricals Limited?
Promoters hold a dominant controlling stake - exact percentages are in the full report. 5 active director(s) are on record.
Does Suyog Electricals 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 Suyog Electricals Limited up to date with its ROC filings?
Balance sheet slightly behind (Mar 2024). Overall compliance score: 26/100 (Caution Indicated).
Is it risky to lend to Suyog Electricals Limited?
Its Credit Risk Score is 90/100 (Low Risk). Banker verdict: Favourable lending indicators.
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.
