Vasanthaspinners - Due diligence report

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

2005-07-04 Guntur, Andhra Pradesh Active Unlisted Active Compliant
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Vasanthaspinners — 360° Intelligence Report

Generated from MCA filings & public records
68/100
Trust Score
Moderate

Vasanthaspinners is assessed as Moderate with a Trust Score of 68/100. Vasanthaspinners is an active private limited indian non-government company incorporated in 2005, operating in the Manufacturing 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 moderate compliance risk and high financial risk profile.

Report generated on 02 Oct 2026 from the latest processed filings. Vasantha Industries Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Good
Compliance › Good

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
68/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
61/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
35/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
25/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
60/100
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.

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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: 25/100 Caution Indicated
  • Liabilities ≈ 38% EBITDA - stretched.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 1.42).
  • Externally credit-rated (BBB-).

Charges position: 5 open (205.19 cr) · 21 satisfied (596.03 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others16 48.0 cr
Sbicap Trustee Company Limited1 48.0 cr
State Bank Of India2 48.0 cr
State Bank Of Hyderabad -Overseas Branch1 48.0 cr
Axis Bank Limited4 48.0 cr
Hdfc Bank Limited2 48.0 cr
Compliance Score: 61/100 Moderate
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2024 - filings overdue.
  • Litigation present in 2 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
MANNAM NARASIMHA RAO 01234567 Director 01/04/2018 6 yrs Approved
VASANTHA SIRISHA 01234567 Director 01/04/2018 6 yrs Approved
BHASKARA SRINIVASU BODDU 01234567 Director 01/04/2018 6 yrs Approved
RAMESH YALAVARTHI 01234567 Director 01/04/2018 6 yrs Approved
NAGESWARA RAO PARUPALLI 01234567 Director 01/04/2018 6 yrs Approved
VENKATA KRISHNAPRASAD VASANTHA 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 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 2024 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
1
Group entities
1
Capital events
8 allotment(s) · 1 transfer(s)

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

Group entityRelationship% held
Priyadarshini Ginning Mills Private Limited Subsidiary Company 74.00%

Key managerial personnel: BHASKARA SRINIVASU BODDU (CFO) · VENKATA KRISHNAPRASAD VASANTHA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 60 · Distress 80
Growth signals & trust indicators
Steady revenue growth: +2.1x over 4 year(s).
Operating for 21+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Statutory filings appear overdue.
5 open charge(s) registered - assets are encumbered.
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence69/100
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 assessment37/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 5 open charge(s) of 205.19 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view53/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 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
Charge satisfied
State Bank Of India
Charge satisfied
Others
27 Dec 2024
Charge created
Axis Bank Limited - 20.00 Lakh
30 Sep 2024
Last AGM held
Annual general meeting
26 Sep 2024
Charge created
Sbicap Trustee Company Limited - 204.59 cr
10 Jul 2024
Charge satisfied
Others
31 Mar 2024
Latest balance sheet
Filed with ROC
18 Jan 2024
Charge created
State Bank Of India - 52.00 cr
09 Oct 2023
Charge created
Axis Bank Limited - 20.00 Lakh
30 Jun 2023
Charge satisfied
Others
29 Dec 2022
Charge satisfied
Others
Charge satisfied
Axis Bank Limited
28 Dec 2022
Charge satisfied
Others
15 Dec 2022
Charge satisfied
Others
Charge satisfied
State Bank Of Hyderabad -Overseas Branch
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Debt-to-equity stands at 38% - leverage worth monitoring.
Net worth is positive.
6 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
Carries an external credit rating of BBB- from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 8 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Indianterrain L18101TN2009PLC073017 Chengalpattu, Tamil Nadu, India
Reliance Jute Mills (International) Limited L17125WB1996PLC081382 Kolkata, West Bengal, India
Annapoorani Textiles Private Limited U17291TZ2015PTC021212 Erode, Tamil Nadu, India
Vtm Limited L17111TN1946PLC003270 Ramnad Distt, Tamil Nadu, India
Bella Casa Fashion L17124RJ1996PLC011522 Jaipur, Rajasthan, India
Gainup Industries India Private Limited U14102TZ2007PTC013833 Sitharevu Village, Tamil Nadu, India
S.P. Rice Exports Private Limited U15549HR2020PTC090365 Nilokheri, Haryana, India
Shreeram Fibres India Private Limited U17303MP2007PTC019663 Manawar, Madhya Pradesh, India
12

Who Uses This Report

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

Verify Vasanthaspinners before audits and certifications: compliance score 61/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Vasanthaspinners: 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: Enhanced diligence advised. Credit risk score 25/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 60/100, margin trends, ownership structure and peer set for Vasanthaspinners - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 68/100, distress signals and MSME payment-delay disclosures - know whether Vasanthaspinners 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 Vasanthaspinners - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Vasanthaspinners an active company?

Vasanthaspinners has MCA status “Active” with a compliance score of 61/100 (Moderate).

Is Vasanthaspinners financially healthy?

Vasanthaspinners has a Financial Health Score of 35/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Vasanthaspinners?

Its overall Trust Score is 68/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Vasanthaspinners?

Promoters hold a minority stake - exact percentages are in the full report. 6 active director(s) are on record.

Does Vasanthaspinners have loans or charges against its assets?

5 open charge(s) are registered against its assets, and 21 earlier charge(s) stand satisfied.

Is Vasanthaspinners up to date with its ROC filings?

Last balance sheet is for Mar 2024 - filings overdue. Overall compliance score: 61/100 (Moderate).

Is it risky to lend to Vasanthaspinners?

Its Credit Risk Score is 25/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.