Target Associates Private Limited - Due diligence report

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

2005-02-15 Bangalore, Karnataka Active Unlisted Active Compliant
Share
TA Target Associates Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Evoma — 360° Intelligence Report

Generated from MCA filings & public records
77/100
Trust Score
Low Risk

Evoma is assessed as Low Risk with a Trust Score of 77/100. Evoma is an active private limited indian non-government company incorporated in 2005, operating in the Travel and Hospitality 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 moderate financial risk profile.

Report generated on 19 Jul 2026 from the latest processed filings. Target Associates 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 ScoreLow Risk
77/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
80/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
50/100
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 ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Moderate gearing (D/E 38%).
  • Working-capital cover adequate.

Charges position: 2 open (28.75 cr) · 2 satisfied (36.70 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Canara Bank1 48.0 cr
The Bharat Co-Operative Bank(Mumbai) Ltd1 48.0 cr
Hdfc Bank Limited1 48.0 cr
Bajaj Finance Limited1 48.0 cr
Compliance Score: 80/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 3 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
JAWAHAR GOPAL 01234567 Director 01/04/2018 6 yrs Approved
ADITYA MANOHAR CHELLARAM 01234567 Director 01/04/2018 6 yrs Approved
KUSH JAWAHAR 01234567 Director 01/04/2018 6 yrs Approved
RANJANI RAVICHANDRAN 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 2017)
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 2021 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
Featherlite Products Private Limited
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Featherlite Products Private Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 75
Growth signals & trust indicators
EPFO headcount growing - hiring signal.
Operating for 21+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
2 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence78/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment55/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 2 open charge(s) of 28.75 cr already registered.
  • Compliance record supports lending.
Investor view55/100
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 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
15 Nov 2022
Director appointed
RANJANI RAVICHANDRAN (Company Secretary)
29 Jul 2022
Director ceased
SRIRAM NARAYANASWAMY
26 Mar 2021
Director ceased
ASHOK NANA VOHRA
31 Dec 2020
Director ceased
ADITYA MANOHAR CHELLARAM
24 Sep 2020
Director appointed
ADITYA MANOHAR CHELLARAM (Director)
05 Feb 2019
Charge created
Hdfc Bank Limited - 12.50 cr
17 Oct 2018
Securities allotted
114493 Equity Shares Without Differential Rights - 1.14 cr raised
30 Sep 2017
Director ceased
KUSH JAWAHAR
01 Apr 2017
Director appointed
KUSH JAWAHAR (Director)
Director ceased
RAVI NARAYAN BHAT
23 Mar 2017
Charge satisfied
Bajaj Finance Limited
31 Aug 2015
Charge created
Bajaj Finance Limited - 12.50 cr
30 Mar 2013
Securities allotted
2693742 Equity Shares Without Differential Rights - 26.94 cr raised
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
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 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Eldeco County Limited U45201UP2005PLC029430 Kanpur, Uttar Pradesh, India
Mason Estate (India) Private Limited U70109OR2006PTC009040 Bhubaneswar, Orissa, India
Alapatt Properties Private Limited U70100KL2014PTC036329 Kochi, Kerala, India
Harit Vatika Projects Private Limited U45202UP2014PTC064820 Uttar Pradesh, Uttar Pradesh, India
Ardee Infrastructure Ventures Private Limited U70109DL2010PTC202345 New Delhi, Delhi, India
Sriven Avenues Private Limited U45203TG2013PTC087466 Hyderabad, Telangana, India
Vsr Infrastructure Private Limited U74920DL2004PTC123998 New Delhi, Delhi, India
Shreeji Buildmart Private Limited U45201RJ2008PTC081140 Bhilwara, Rajasthan, India
12

Who Uses This Report

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

Verify Evoma before audits and certifications: compliance score 80/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Evoma: 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 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 45/100, margin trends, ownership structure and peer set for Evoma - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 77/100, distress signals and MSME payment-delay disclosures - know whether Evoma pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Evoma - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Evoma an active company?

Evoma has MCA status “Active” with a compliance score of 80/100 (Low Risk).

Is Evoma financially healthy?

Evoma has a Financial Health Score of 50/100 (Moderate) based on its filed financial statements.

Should I do business with Evoma?

Its overall Trust Score is 77/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Evoma?

The ultimate holding entity is Featherlite Products Private Limited. 4 active director(s) are on record.

Does Evoma have loans or charges against its assets?

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

Is Evoma up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 80/100 (Low Risk).

Is it risky to lend to Evoma?

Its Credit Risk Score is 45/100 (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.