Trinetra Cement Limited - Due diligence report

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

1987-03-12 Chennai, Tamil Nadu Active Listed Active Non-Compliant
Share
TC Trinetra Cement 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

Trinetracement — 360° Intelligence Report

Generated from MCA filings & public records
52/100
Trust Score
Moderate

Trinetracement is assessed as Moderate with a Trust Score of 52/100. Trinetracement is an active public limited indian non-government company incorporated in 1987, operating in the Musical Instruments sector. 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. Trinetra Cement Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Neutral
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 ScoreModerate
52/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
5/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreModerate
55/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
65/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
65/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 3 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: 65/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Moderate gearing (D/E 1.42).
  • Profitable - internal accruals available.
  • Externally credit-rated (A-).

Charges position: 5 open (390.00 cr) · 17 satisfied (1,029.68 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Axis Trustee Services Limited2 48.0 cr
Industrial Development Bank Of India4 48.0 cr
The India Cements Limited1 48.0 cr
Others3 48.0 cr
Yes Bank Limited1 48.0 cr
State Bank Of India8 48.0 cr
Compliance Score: 5/100 Caution Indicated
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Last balance sheet is for Mar 2016 - filings overdue.
  • Flagged by authority: DSE, BSE.
  • Litigation present in 3 court forum(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 55/100
NameDIN / PANDesignationAppointedTenureDIN status
MOHAN VEPPUR MARGABANDHU 01234567 Director 01/04/2018 6 yrs Approved
RAGHUPATHY SUBRAMANIAN 01234567 Director 01/04/2018 6 yrs Approved
ARUN KUMAR DATTA 01234567 Director 01/04/2018 6 yrs Approved
RAGHUPATHY 01234567 Director 01/04/2018 6 yrs Approved
MANICKAM VENGAIYAGOUNDER 01234567 Director 01/04/2018 6 yrs Approved
RUPA GURUNATH 01234567 Director 01/04/2018 6 yrs Approved
NARASIMHA RAGHUNATHACHARI KRISHNAN 01234567 Director 01/04/2018 6 yrs Approved
SABARETNAM LAKSHMANAN 01234567 Director 01/04/2018 6 yrs Approved
NARAYANASWAMY SRINIVASAN 01234567 Director 01/04/2018 6 yrs Approved
Ranganathan Srinivasan 01234567 Director 01/04/2018 6 yrs Approved
Srinivasa Rao Bulusu 01234567 Director 01/04/2018 6 yrs Approved
  • 11 directors on the board.
  • ARUN KUMAR DATTA has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2016 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
Icl Financial Services Limited
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

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

Group entityRelationship% held
Icl Financial Services Limited Holding Company 74.00%
The India Cements Limited Holding Company 74.00%

Key managerial personnel: RAGHUPATHY SUBRAMANIAN (CEO) · RAGHUPATHY (CEO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 65 · Distress 65
Growth signals & trust indicators
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 39+ years.
Active EPFO - real payroll on record.
Distress signals & risk flags
Revenue declined year-on-year.
Statutory filings appear overdue.
Compliance score is weak (5/100).
5 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 diligence37/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment53/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 5 open charge(s) of 390.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view65/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 2 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
17 Dec 2016
Charge created
Others - 10.00 cr
Charge created
Others - 150.00 cr
28 Sep 2016
Last AGM held
Annual general meeting
24 Jun 2016
Director ceased
REKKUNYATATH KUMAR DAS
17 Jun 2016
Director ceased
SUBRAMANIAN PALANIAPPAN
26 May 2016
Director appointed
Srinivasa Rao Bulusu (Company Secretary)
31 Mar 2016
Latest balance sheet
Filed with ROC
21 Jan 2016
Charge satisfied
Yes Bank Limited
25 Nov 2015
Charge created
Others - 15.00 cr
30 Sep 2015
Director ceased
RUPA GURUNATH
11 Feb 2015
Director appointed
RUPA GURUNATH (Director)
Director ceased
SRINIVASAN RANGANATHAN
19 Jan 2015
Charge satisfied
Axis Trustee Services Limited
23 Dec 2014
Charge created
Axis Trustee Services Limited - 170.00 cr
12 Nov 2014
Director appointed
MANICKAM VENGAIYAGOUNDER (Director appointed in casual vacancy)
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 2 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - manageable leverage.
Net worth is positive.
11 active director(s) / partner(s); review board churn before relying on management continuity.
Carries an external credit rating of A- from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2016 annual return.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Bachishoes U18209TN1997PLC037515 Vellore-632001., Tamil Nadu, India
Actiongroup U27109DL2004PTC127305 New Delhi, Delhi, India
Dinesh Oils Limited U16142UP1986PLC008189 Kanpur, Uttar Pradesh, India
Sanghavi Exports International Private Limited U36911MH2007PTC170013 Mumbai, Maharashtra, India
Positive Packaging U74952MH1994FLC078296 Mumbai, Maharashtra, India
Nakshatra U01100MH1995PLC095425 Mumbai, Maharashtra, India
Gitanjaligroup U36910MH2004PLC146406 Mumbai, Maharashtra, India
Firestar Diamond International Private Limited U51909MH2006PTC164429 Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Trinetracement 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 Trinetracement: 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 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 65/100, margin trends, ownership structure and peer set for Trinetracement - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 52/100, distress signals and MSME payment-delay disclosures - know whether Trinetracement 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 Trinetracement - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Trinetracement an active company?

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

Is Trinetracement financially healthy?

Trinetracement has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Trinetracement?

Its overall Trust Score is 52/100 (Moderate). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Trinetracement?

The ultimate holding entity is Icl Financial Services Limited. 11 active director(s) are on record.

Does Trinetracement have loans or charges against its assets?

5 open charge(s) are registered against its assets, and 17 earlier charge(s) stand satisfied.

Is Trinetracement up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 5/100 (Caution Indicated).

Is it risky to lend to Trinetracement?

Its Credit Risk Score is 65/100 (Moderate). 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.