Vruddhi Engineering Works Limited - Due diligence report

A 360° intelligence report on Vruddhi Engineering Works Limited: trust score, financial health, credit view, compliance, directors, growth a…

2020-10-27 Mumbai, Maharashtra Active Unlisted Active Compliant
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Vruddhi Engineering Works Limited — 360° Intelligence Report

Generated from MCA filings & public records
76/100
Trust Score
Low Risk

Vruddhi Engineering Works Limited is assessed as Low Risk with a Trust Score of 76/100. Vruddhi Engineering Works Limited is an active public limited indian non-government company incorporated in 2020, operating in the Engineering 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 low compliance risk and low financial risk profile.

Report generated on 16 Aug 2026 from the latest processed filings. Vruddhi Engineering Works 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
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
90/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
40/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
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.

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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: 45/100 Caution Indicated
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Profitable - internal accruals available.

Charges position: 3 open (10.08 cr) · 1 satisfied (3.15 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others3 48.0 cr
Canara Bank1 48.0 cr
Compliance Score: 90/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 2 auditor resignation(s) filed - latest: CA VIPUL RUPARELIA on 2023-06-10.
  • 2 active GST registration(s).
05

Director Intelligence

Stability score: 40/100
NameDIN / PANDesignationAppointedTenureDIN status
VARSHA MUKESH MEHTA 01234567 Director 01/04/2018 6 yrs Approved
ANKITA ROHAN KOTHARI 01234567 Director 01/04/2018 6 yrs Approved
BINDI KUNAL MEHTA 01234567 Director 01/04/2018 6 yrs Approved
VEDANT MUKESH MEHTA 01234567 Director 01/04/2018 6 yrs Approved
KARAN MANOJ DOSHI 01234567 Director 01/04/2018 6 yrs Approved
SHIVANI KUMARI JOSHI 01234567 Director 01/04/2018 6 yrs Approved
Kishori Jaysingh Sodha 01234567 Director 01/04/2018 6 yrs Approved
Vedant Mukesh Mehta 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • KARAN MANOJ DOSHI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 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
2 allotment(s) · 0 transfer(s)

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

Key managerial personnel: VARSHA MUKESH MEHTA (Whole-time director) · BINDI KUNAL MEHTA (Managing Director) · VEDANT MUKESH MEHTA (CFO)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 95 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +1.42 over 2 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Operating for 5 years.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 38% in a year.
3 open charge(s) registered - assets are encumbered.
2 auditor resignation(s) on record - review the stated reasons.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence83/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 1 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment65/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 10.08 cr already registered.
  • Compliance record supports lending.
Investor view83/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 5 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
04 Oct 2025
Director appointed
Vedant Mukesh Mehta (Cfo)
30 Sep 2025
Last AGM held
Annual general meeting
06 Sep 2025
Director appointed
VEDANT MUKESH MEHTA (CFO)
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Aug 2024
Director ceased
HIRAL RUSHANG GANDHI
14 Aug 2024
Charge satisfied
Canara Bank
27 Jun 2024
Charge created
Others - 9.60 cr
Charge created
Others - 41.20 Lakh
07 Jul 2023
Director appointed
Kishori Jaysingh Sodha (Company Secretary)
20 Apr 2023
Director ceased
VARSHA MUKESH MEHTA
Director ceased
ANKITA ROHAN KOTHARI
Director ceased
KARAN MANOJ DOSHI
Director ceased
SHIVANI KUMARI JOSHI
29 Mar 2023
Director ceased
BINDI KUNAL MEHTA
Director ceased
VEDANT MUKESH MEHTA
10

Key Observations

Auto-generated from the data above
Revenue grew 1.42 over the last 2 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
8 active director(s) / partner(s); review board churn before relying on management continuity.
2 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling 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 2 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
S.R.S. Alloys Private Limited U27101KA1998PTC023400 Tumkur, Karnataka, India
Penta Forge Engineering Works Private Limited U28992PN2014PTC152329 Pune, Maharashtra, India
Surya Springs Private Limited U28991MH1998PTC114379 Aurangabad, Maharashtra, India
Liberty Engineering Equipments (India) Private Limited U29199TG2007PTC053486 Medchal Malkajgiri, Telangana, India
Murzello Metal Finish Systems Private Limited U27200MH1992PTC068119 Mumbai, Maharashtra, India
Dowell Moulds Private Limited U29309GJ2020PTC117423 Vapi, Gujarat, India
Aavon Steels Manufacturing Private Limited U27300UP2019PTC120897 Ghaziabad, Uttar Pradesh, India
Spectra Cast Private Limited U27310GJ2004PTC044009 Metoda, Gujarat, India
12

Who Uses This Report

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

Verify Vruddhi Engineering Works Limited before audits and certifications: compliance score 90/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Vruddhi Engineering Works Limited: 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 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Vruddhi Engineering Works Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 76/100, distress signals and MSME payment-delay disclosures - know whether Vruddhi Engineering Works Limited pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Vruddhi Engineering Works Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Vruddhi Engineering Works Limited an active company?

Vruddhi Engineering Works Limited has MCA status “Active” with a compliance score of 90/100 (Low Risk).

Is Vruddhi Engineering Works Limited financially healthy?

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

Should I do business with Vruddhi Engineering Works Limited?

Its overall Trust Score is 76/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Vruddhi Engineering Works Limited?

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

Does Vruddhi Engineering Works Limited have loans or charges against its assets?

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

Is Vruddhi Engineering Works Limited up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 90/100 (Low Risk).

Is it risky to lend to Vruddhi Engineering Works Limited?

Its Credit Risk Score is 45/100 (Caution Indicated). 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.