Promoter holding
64.27%
U(
Ultracab (India) Limited - Due diligence report
A 360° intelligence report on Ultracab: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…
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Ultracab — 360° Intelligence Report
Generated from MCA filings & public records75/100
Trust Score
Low Risk
Ultracab is assessed as Low Risk with a Trust Score of 75/100. Ultracab is an active public limited indian non-government company incorporated in 2007, operating in the Manufacturing 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 low financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Ultracab (India) 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 ScoreLow Risk
75/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
45/100
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
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
80/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
70/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 3 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: 95/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
- Externally credit-rated (A4).
Charges position: 4 open (60.52 cr) · 9 satisfied (43.11 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Axis Bank Limited | 4 | 48.0 cr |
| Bank Of India | 2 | 48.0 cr |
| The Co-Operative Bank Of Rajkot Ltd. | 1 | 48.0 cr |
| The Co-Operative Bank Of Rajkot Limited (Gondal Branch) | 1 | 48.0 cr |
| Others | 2 | 48.0 cr |
| Central Bank Of India | 1 | 48.0 cr |
Compliance Score: 45/100 Caution Indicated
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: BSE.
- Litigation present in 1 court forum(s).
- 1 auditor resignation(s) filed - latest: RAJESH G. HARSODA on 2016-05-11.
- Delayed payments to MSME suppliers disclosed (81 disclosure(s)).
- 1 active GST registration(s).
Legal cases on record (1)
05
Director Intelligence
Stability score: 80/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| ARTIBEN PANKAJKUMAR SHINGALA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PRAVIN SHAMBHUBHAI PANSURIYA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PANKAJ VASANTBHAI SHINGALA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NITESH PARSHOTTAMBHAI VAGHASIYA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Satish Kalkani | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Viralben Chetankumar Dave | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Shital Ashish Gajera | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Amit Vishwkarma | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 8 directors on the board.
- No disqualified or deactivated DINs.
- 5 director exits in 3 years - high churn.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2025)
| 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 2025 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
3 allotment(s) · 0 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
Key managerial personnel: PRAVIN SHAMBHUBHAI PANSURIYA (CFO) · PANKAJ VASANTBHAI SHINGALA (Whole-time director) · NITESH PARSHOTTAMBHAI VAGHASIYA (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 60 · Distress 70
Growth signals & trust indicators
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 18+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 61% in a year.
5 director exits within 2 years.
Compliance score is weak (45/100).
4 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 1.15 cr.
1 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence62/100
Review suggested
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 assessment82/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 4 open charge(s) of 60.52 cr already registered.
- Compliance gaps should be priced into terms.
Investor view76/100
Positive growth 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 15 events26 Sep 2025
Last AGM held
Annual general meeting
25 Sep 2025
Director ceased
Shital Ashish Gajera
01 Sep 2025
Director appointed
Shital Ashish Gajera (Director)
30 Jul 2025
Director ceased
VIPUL MANSUKHBHAI PATEL
03 Jul 2025
Director appointed
Amit Vishwkarma (Company Secretary)
31 Mar 2025
Latest balance sheet
Filed with ROC
15 Nov 2024
Charge created
Axis Bank Limited - 5.00 cr
27 Sep 2024
Director ceased
PRASHANT SAWANT
06 Sep 2024
Director appointed
Satish Kalkani (Director)
Director appointed
Viralben Chetankumar Dave (Director)
08 Aug 2024
Director ceased
BIPINCHANDRA MOHANBHAI SANGANI
Director ceased
KANJIBHAI GANDUBHAI HIRPARA
27 Jul 2023
Charge created
Others - 32.00 Lakh
30 Jun 2022
Charge created
Hdfc Bank Limited - 16.89 Lakh
30 Sep 2021
Director ceased
ARTIBEN PANKAJKUMAR SHINGALA
10
Key Observations
Auto-generated from the data aboveRevenue declined 38% over the last 2 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - manageable leverage.
Net worth is positive.
8 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 A4 from Crisil.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2025 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.
| Company | CIN | Location |
|---|---|---|
| Jindalpoly | L17111UP1974PLC003979 | Bulandshahr, Uttar Pradesh, India |
| Kothari Agritech | U25203PN2009PTC135094 | Solapur, Maharashtra, India |
| Signet Overseas | L51900MH1985PLC035202 | Bhiwandi, Maharashtra, India |
| Satyendra Packaging Limited | U51100GJ2004PLC045013 | Anand, Gujarat, India |
| Asian Granito India | L17110GJ1995PLC027025 | Ahmadabad City, Gujarat, India |
| Sparshgroup | U25199DL2009PTC189847 | Delhi, Delhi, India |
| Ramco Industries | L26943TN1965PLC005297 | Virudhunagar District, Tamil Nadu, India |
| Simpolo | U26914GJ2007PTC051766 | Daskroi, Gujarat, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Ultracab before audits and certifications: compliance score 45/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Ultracab: 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 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 60/100, margin trends, ownership structure and peer set for Ultracab - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 75/100, distress signals and MSME payment-delay disclosures - know whether Ultracab 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 Ultracab - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Ultracab an active company?
Ultracab has MCA status “Active” with a compliance score of 45/100 (Caution Indicated).
Is Ultracab financially healthy?
Ultracab has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Ultracab?
Its overall Trust Score is 75/100 (Low Risk). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Ultracab?
Promoters hold a majority stake - exact percentages are in the full report. 8 active director(s) are on record.
Does Ultracab have loans or charges against its assets?
4 open charge(s) are registered against its assets, and 9 earlier charge(s) stand satisfied.
Is Ultracab up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 45/100 (Caution Indicated).
Is it risky to lend to Ultracab?
Its Credit Risk Score is 95/100 (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.
