Updater Services Limited - Due diligence report

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

2003-11-13 Chennai City Corporation, Tamil Nadu Active Listed Active Compliant
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US Updater Services Limited
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Updater Services — 360° Intelligence Report

Generated from MCA filings & public records
77/100
Trust Score
Low Risk

Updater Services is assessed as Low Risk with a Trust Score of 77/100. Updater Services is an active public limited indian non-government company incorporated in 2003, operating in the Business Services sector. The company has shown revenue growth 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 20 Jun 2026 from the latest processed filings. Updater Services Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong 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
77/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
38/100
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
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
85/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Consolidated · 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: 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 (A).

Charges position: 8 open (286.75 cr) · 11 satisfied (197.40 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Hdfc Bank Limited5 48.0 cr
Others5 48.0 cr
Standard Chartered Bank2 48.0 cr
Yes Bank Limited1 48.0 cr
Axis Bank Limited2 48.0 cr
Citi Bank N.A.1 48.0 cr
Compliance Score: 38/100 Caution Indicated
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: EPFO.
  • Litigation present in 2 court forum(s).
  • 1 auditor resignation(s) filed - latest: BSR and Company on 2014-05-13.
  • Delayed payments to MSME suppliers disclosed (128 disclosure(s)).
  • 19 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
SUNIL REWACHAND CHANDIRAMANI 01234567 Director 01/04/2018 6 yrs Approved
AMITABH JAIPURIA 01234567 Director 01/04/2018 6 yrs Approved
AMIT CHOUDHARY 01234567 Director 01/04/2018 6 yrs Approved
RAGHUNANDANA TANGIRALA 01234567 Director 01/04/2018 6 yrs Approved
Jigyasa Sharma 01234567 Director 01/04/2018 6 yrs Approved
SANDHYA 01234567 Director 01/04/2018 6 yrs Approved
SANGEETA SUMESH 01234567 Director 01/04/2018 6 yrs Approved
Surinder Kumar 01234567 Director 01/04/2018 6 yrs Approved
  • 8 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 2025)
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 2025 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
6
Group entities
6
Capital events
4 allotment(s) · 1 transfer(s)

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

Group entityRelationship% held
Fusion Foods And Catering Private Limited Subsidiary Company 74.00%
Integrated Technical Staffing And Solutions Private Limited Subsidiary Company 74.00%
Matrix Business Services India Private Limited Subsidiary Company 74.00%
Stanworth Management Private Limited Subsidiary Company 74.00%
Tangy Supplies & Solutions Private Limited Subsidiary Company 74.00%
Updater Services (uds) Foundation Subsidiary Company 74.00%
Washroom Hygiene Concepts Private Limited Subsidiary Company 74.00%
Wynwy Technologies Private Limited Subsidiary Company 74.00%
Global Flight Handling Services Private Limited Subsidiary Company 74.00%
Avon Solutions & Logistics Private Limited Subsidiary Company 74.00%

Key managerial personnel: RAGHUNANDANA TANGIRALA (Managing Director) · Jigyasa Sharma (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
Operating for 22+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (38/100).
8 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 43.10 Lakh.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence65/100
Review suggested
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment81/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 8 open charge(s) of 286.75 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view86/100
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 events
23 Feb 2026
Charge satisfied
Others
09 Dec 2025
Director appointed
Surinder Kumar (Cfo)
04 Sep 2025
Director ceased
RADHA RAMANUJAN
08 Aug 2025
Last AGM held
Annual general meeting
27 Jun 2025
Charge created
Yes Bank Limited - 35.00 cr
02 Jun 2025
Charge satisfied
Citi Bank N.A.
31 Mar 2025
Latest balance sheet
Filed with ROC
31 May 2024
Director ceased
Jigyasa Sharma
02 Apr 2024
Director appointed
Jigyasa Sharma (Whole-time director)
15 Feb 2024
Director appointed
SANDHYA (Company Secretary)
23 Jan 2024
Charge satisfied
Hdfc Bank Limited
30 Dec 2023
Director ceased
BALAJI SWAMINATHAN
24 Aug 2023
Charge created
Others - 15.00 cr
24 Jul 2023
Charge satisfied
Standard Chartered Bank
17 Mar 2023
Director ceased
PONDICHERRY CHIDAMBARAM BALASUBRAMANIAN
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
8 active director(s) / partner(s); board looks stable and experienced.
19 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 6 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of A from Icra.
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 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Rajdarbar Realty Creations Private Limited U70100UP1995PTC072463 Agra, Uttar Pradesh, India
Var Facility Management Solutions U74140KA2006PTC040308 Bangalore, Karnataka, India
Baani Technology Services Private Limited U74900DL2005PTC142271 New Delhi, Delhi, India
24X7 Facility Service Connect Private Limited U93000KA2012PTC065488 Bangalore, Karnataka, India
Icon Facilitators Limited L93000DL2013PLC258273 New Delhi, Delhi, India
Embassyindia U70102KA2006PTC038910 Bangalore, Karnataka, India
Rithwik L74900TN2010PLC074294 Chennai, Tamil Nadu, India
Krystal Integrated Services L74920MH2000PLC129827 Mumbai, Maharashtra, India
12

Who Uses This Report

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

Verify Updater Services before audits and certifications: compliance score 38/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Updater Services: 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 85/100, margin trends, ownership structure and peer set for Updater Services - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 77/100, distress signals and MSME payment-delay disclosures - know whether Updater Services 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 Updater Services - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Updater Services an active company?

Updater Services has MCA status “Active” with a compliance score of 38/100 (Caution Indicated).

Is Updater Services financially healthy?

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

Should I do business with Updater Services?

Its overall Trust Score is 77/100 (Low Risk). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Updater Services?

Promoters hold a majority stake - exact percentages are in the full report. 8 active director(s) are on record.

Does Updater Services have loans or charges against its assets?

8 open charge(s) are registered against its assets, and 11 earlier charge(s) stand satisfied.

Is Updater Services up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 38/100 (Caution Indicated).

Is it risky to lend to Updater Services?

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.