Triax Developers Llp - Due diligence report

A 360° intelligence report on Triax Developers Llp: trust score, financial health, credit view, compliance, directors, growth and distress s…

2015-02-02 Mumbai, Maharashtra Active
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Triax Developers Llp — 360° Intelligence Report

Generated from MCA filings & public records
76/100
Trust Score
Low Risk

Triax Developers Llp is assessed as Low Risk with a Trust Score of 76/100. Triax Developers Llp is an active limited liability partnership incorporated in 2015, operating in the Real Estate and Construction 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 low compliance risk and high financial risk profile.

Report generated on 14 Oct 2026 from the latest processed filings. Triax Developers Llp 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
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
81/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
45/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
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
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.

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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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 1 open (60.00 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Penrose Constructions Llp1 48.0 cr
Compliance Score: 81/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2025).
  • Litigation present in 1 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (1)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
HITEN MASUKHLAL SHETH 01234567 Director 01/04/2018 6 yrs Approved
CHITRANG TUSHAR MOTIWALA 01234567 Director 01/04/2018 6 yrs Approved
MILAN MAHASUKHLAL SHETH 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.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

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
-

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Latest year revenue grew 1.42.
Asset base grew 2.1x - capacity expansion.
Operating for 11+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Losses deepening year-on-year.
1 open charge(s) registered - assets are encumbered.
1 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 assessment52/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 60.00 cr already registered.
  • Compliance record supports lending.
Investor view69/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 9 events
31 Mar 2025
Last AGM held
Annual general meeting
Latest balance sheet
Filed with ROC
22 Feb 2021
Charge created
Penrose Constructions Llp - 60.00 cr
31 Mar 2020
Director ceased
TUSHAR DINESH MOTIWALA
Director ceased
ADITYA MITRA ANAND
01 May 2018
Director appointed
CHITRANG TUSHAR MOTIWALA (Designated Partner)
02 Feb 2015
Incorporated
Registered with Roc Mumbai I
Director appointed
HITEN MASUKHLAL SHETH (Designated Partner)
Director appointed
MILAN MAHASUKHLAL SHETH (Designated Partner)
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Compliance record is strong - status, filings and flags are clean.
3 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.
11

Peers & Related Companies

Full peer comparison →
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Metrocast Ssv Network Private Limited U64203MH2021PTC356106 Mumbai, Maharashtra
Nbk Pro Source Private Limited U51100MH2012PTC234093 Mumbai, Maharashtra
Kng Natural Gas Conversions Private Limited U74999MH2013PTC243984 Mumbai, Maharashtra
PROJECT X SCREENING ROOM LLP AAA-9005 Mumbai, Maharashtra
Globofarm International Private Limited U51909MH2020PTC337865 Mumbai, Maharashtra
Salsun Exports Private Limited U51900MH1995PTC094156 Mumbai, Maharashtra
Jasamrit Biotech Private Limited U74900MH2008PTC182161 Mumbai, Maharashtra
Oriental Automation Systems Private Limited U29253MH2012PTC237213 Mumbai, Maharashtra
AURIN TRADING LLP AAB-9217 Mumbai, Maharashtra
12

Who Uses This Report

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

Verify Triax Developers Llp before audits and certifications: compliance score 81/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Triax Developers Llp: 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 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 85/100, margin trends, ownership structure and peer set for Triax Developers Llp - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Triax Developers Llp 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 Triax Developers Llp - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Triax Developers Llp an active company?

Triax Developers Llp has MCA status “Active” with a compliance score of 81/100 (Low Risk).

Is Triax Developers Llp financially healthy?

Triax Developers Llp has a Financial Health Score of 45/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Triax Developers Llp?

Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Triax Developers Llp?

See the directors and ownership sections above for board and shareholding detail. 3 active director(s) are on record.

Does Triax Developers Llp have loans or charges against its assets?

1 open charge(s) are registered against its assets.

Is Triax Developers Llp up to date with its ROC filings?

Balance sheet slightly behind (Mar 2025). Overall compliance score: 81/100 (Low Risk).

Is it risky to lend to Triax Developers Llp?

Its Credit Risk Score is 40/100 (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.