Torqus Systems Private Limited - Due diligence report

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

2014-11-28 New Delhi, Delhi Amalgamated Unlisted Active Compliant
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TS Torqus Systems Private Limited
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Torqus — 360° Intelligence Report

Generated from MCA filings & public records
40/100
Trust Score
Caution Indicated

Torqus is assessed as Caution Indicated with a Trust Score of 40/100. Torqus is a private limited indian non-government company incorporated in 2014, operating in the Information Technology sector. Reported revenue has declined 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 high financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Torqus Systems Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

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 ScoreCaution Indicated
40/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
30/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
55/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
20/100
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: 55/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • No open charges - unencumbered balance sheet.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 5/100 Caution Indicated
  • Company status is "Amalgamated" - not Active.
  • Last balance sheet is for Mar 2022 - filings overdue.
  • Litigation present in 1 court forum(s).
  • 2 auditor resignation(s) filed - latest: RAJASATYEN AND ASSOCIATES on 2020-02-05.
  • Delayed payments to MSME suppliers disclosed (6 disclosure(s)).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
RAJENDRA SINGH 01234567 Director 01/04/2018 6 yrs Approved
ATUL AHUJA 01234567 Director 01/04/2018 6 yrs Approved
ASHOK KUMAR 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.
Director & KMP remuneration (FY 2019)
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 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
Times Internet Limited
Subsidiaries
-
Group entities
-
Capital events
4 allotment(s) · 1 transfer(s)

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

Group entityRelationship% held
Times Internet Limited Holding Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 20
Growth signals & trust indicators
Operating for 11+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Statutory filings appear overdue.
Adverse company status: Amalgamated.
Compliance score is weak (5/100).
2 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 4,815.00.
1 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence20/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment35/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view36/100
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 team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
24 May 2023
Director appointed
RAJENDRA SINGH (Additional Director)
Director appointed
ASHOK KUMAR (Additional Director)
23 Sep 2022
Last AGM held
Annual general meeting
31 Mar 2022
Latest balance sheet
Filed with ROC
31 Mar 2020
Share transfer (FY 2020)
1.00000000 shares to Ashok Kumar
24 Nov 2018
Director ceased
ABHISHEK MITRA GUPTA
Director ceased
SOAIB GREWAL
Director ceased
ATUL AHUJA
22 Nov 2018
Director appointed
ATUL AHUJA (Director)
Director ceased
SUNEET SALEEL KULKARNI
Director ceased
TANMAY BHUPENDRA RATNAPARKHE
03 Jul 2018
Director ceased
ANIRUDDHA VISHWANATH PARANJAPE
08 Oct 2016
Director ceased
SNEH RAMANKANT THAKKAR
27 Feb 2016
Securities allotted
4.00 Preference Shares - 58,552.00 raised
30 Dec 2015
Director ceased
DEB SHANKAR MUKHERJEE
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%.
3 active director(s) / partner(s); board looks stable and experienced.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2022 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Sridama U72200KA2013PTC069964 Bangalore, Karnataka, India
India App Developer U74999GJ2019PTC106781 Ahmadabad City, Gujarat, India
Aorborc Technologies U72900TN2013PTC093165 Chennai, Tamil Nadu, India
Finovate Consulting Private Limited U72900DL2020PTC365700 New Delhi, Delhi, India
Icomputex Technologies Private Limited U72900MP2020PTC053176 Rewa, Madhya Pradesh, India
Ajira Software India Private Limited U74999PN2018PTC180159 Pune, Maharashtra, India
Palpx U72200KL2006PTC019492 Kochi, Kerala, India
Sonar Technologies Australia U72900HR2013PTC051191 Gurgaon, Haryana, India
12

Who Uses This Report

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

Verify Torqus before audits and certifications: compliance score 5/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Torqus: 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 55/100, 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 Torqus - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 40/100, distress signals and MSME payment-delay disclosures - know whether Torqus pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (1 case(s) on record), regulatory flags, charge documents trail and director networks for Torqus - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Torqus an active company?

Torqus has MCA status “Amalgamated” with a compliance score of 5/100 (Caution Indicated).

Is Torqus financially healthy?

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

Should I do business with Torqus?

Its overall Trust Score is 40/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Torqus?

The ultimate holding entity is Times Internet Limited. 3 active director(s) are on record.

Does Torqus have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Torqus up to date with its ROC filings?

Last balance sheet is for Mar 2022 - filings overdue. Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Torqus?

Its Credit Risk Score is 55/100 (Moderate). 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.