Ultratech India Limited - Due diligence report

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

1992-07-20 Navi Mumbai, Maharashtra Active Unlisted Active Compliant
UI Ultratech India Limited
Full Due-Diligence Report + Documents
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  • Director details, charges & MCA documents
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Ultratech India — 360° Intelligence Report

Generated from MCA filings & public records
72/100
Trust Score
Moderate

Ultratech India is assessed as Moderate with a Trust Score of 72/100. Ultratech India is an active public limited indian non-government company incorporated in 1992, operating in the Pharma 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. Ultratech India Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Strong
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
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
26/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
70/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
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: 65/100 Moderate
  • Liabilities ≈ 38% EBITDA - stretched.
  • Moderate gearing (D/E 1.42).
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 1 open (27.35 cr) · 5 satisfied (53.35 cr).

Banking relationships (from registered charges)
LenderChargesAmount
State Bank Of India1 48.0 cr
Idbi Bank Limited2 48.0 cr
Karnataka Bank Ltd.1 48.0 cr
Oriental Bank Of Commerce2 48.0 cr
Compliance Score: 26/100 Caution Indicated
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • Flagged by authority: CDSL.
  • Litigation present in 2 court forum(s).
  • 1 auditor resignation(s) filed - latest: RAR & Associates on 2015-04-15.
  • Delayed payments to MSME suppliers disclosed (70 disclosure(s)).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
SHASHANK DILIP MESHRAM 01234567 Director 01/04/2018 6 yrs Approved
MANOJ YADNESHWAR THAKUR 01234567 Director 01/04/2018 6 yrs Approved
RAMNARESH RAJKUMAR AGRAWAL 01234567 Director 01/04/2018 6 yrs Approved
RUCHITA CHANDAK 01234567 Director 01/04/2018 6 yrs Approved
RISHI VEDPRAKASH BHATIA 01234567 Director 01/04/2018 6 yrs Approved
RISHI VEDPRAKASH BHATIA 01234567 Director 01/04/2018 6 yrs Approved
MEENA BHATIA 01234567 Director 01/04/2018 6 yrs Approved
  • 7 directors on the board.
  • No disqualified or deactivated DINs.
  • 3 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
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 2023 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
-
Subsidiaries
-
Group entities
-
Capital events
12 allotment(s) · 3 transfer(s)

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

Key managerial personnel: RISHI VEDPRAKASH BHATIA (CFO) · RISHI VEDPRAKASH BHATIA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 70 · Distress 80
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 33+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 61% in a year.
Compliance score is weak (26/100).
1 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 89.37 Lakh.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence56/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment64/100
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 27.35 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view79/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
17 Jan 2025
Director ceased
ALOK BHATIA
30 Sep 2024
Last AGM held
Annual general meeting
29 Sep 2024
Director ceased
SHASHANK DILIP MESHRAM
29 Jun 2024
Director appointed
SHASHANK DILIP MESHRAM (Director)
31 Mar 2024
Latest balance sheet
Filed with ROC
29 Sep 2023
Director ceased
SHAHZAD ALI
01 Nov 2022
Charge created
State Bank Of India - 27.35 cr
01 Aug 2022
Director ceased
KASHYAP KUMAR AGRAWAL
31 Mar 2022
Share transfer (FY 2022)
6994.00000000 shares to Rishi Bhatia HUF
10 Nov 2021
Director ceased
VEDPRAKASH MANGALDAS BHATIA
31 Mar 2021
Share transfer (FY 2021)
15000.00000000 shares to BHATIA ALOK
Share transfer (FY 2021)
5000.00000000 shares to BAJWA T. RAJWANTKAUR
08 Sep 2020
Securities allotted
212020 Equity Shares - 2.12 cr raised
27 Aug 2020
Director appointed
MANOJ YADNESHWAR THAKUR (Director)
30 Apr 2019
Charge satisfied
Idbi Bank Limited
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 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.
7 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 majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 12 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Dycron Colour Chem Private Limited U24100GJ2008PTC055772 Ahmedabad, Gujarat, India
Ruby Biopharma Private Limited U24234MH2008PTC178070 Mumbai, Maharashtra, India
Salasar Organics Private Limited U51410GJ1996PTC030315 Ahmedabad, Gujarat, India
Coltene Whaledent Private Limited U74999MH2008FTC188285 Panvel, Maharashtra, India
Integrated Coating And Seed Technology India Private Limited U01119MH2003PTC310308 Navi Mumbai, Maharashtra, India
Indi Pharma U24232GA1984PTC000556 Goa, Goa, India
Phaarmasia Limited L24239TG1981PLC002915 Hyderabad, Telangana, India
P.R. Minerals Pvt Ltd U14107RJ2003PTC018276 Jodhpur, Rajasthan, India
12

Who Uses This Report

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

Verify Ultratech India before audits and certifications: compliance score 26/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Ultratech India: 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: Positive growth indicators. Growth score 70/100, margin trends, ownership structure and peer set for Ultratech India - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Ultratech India pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Ultratech India - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Ultratech India an active company?

Ultratech India has MCA status “Active” with a compliance score of 26/100 (Caution Indicated).

Is Ultratech India financially healthy?

Ultratech India has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.

Should I do business with Ultratech India?

Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Ultratech India?

Promoters hold a majority stake - exact percentages are in the full report. 7 active director(s) are on record.

Does Ultratech India have loans or charges against its assets?

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

Is Ultratech India up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 26/100 (Caution Indicated).

Is it risky to lend to Ultratech India?

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.