Promoter holding
64.27%
WP
Walplast Products Private Limited - Due diligence report
A 360° intelligence report on Walplast Products: trust score, financial health, credit view, compliance, directors, growth and distress sign…
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Walplast Products — 360° Intelligence Report
Generated from MCA filings & public records76/100
Trust Score
Low Risk
Walplast Products is assessed as Low Risk with a Trust Score of 76/100. Walplast Products is an active private limited indian non-government company incorporated in 2004, operating in the Manufacturing 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 moderate compliance risk and moderate financial risk profile.
Report generated on 17 Jul 2026 from the latest processed filings. Walplast Products Private 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
76/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
62/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
75/100
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 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: 60/100 Moderate
- Open charges exceed net worth - secured lenders rank ahead.
- Profitable - internal accruals available.
- Externally credit-rated (A-).
Charges position: 7 open (128.76 cr) · 7 satisfied (35.54 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Axis Bank Limited | 1 | 48.0 cr |
| Hdfc Bank Limited | 3 | 48.0 cr |
| Others | 4 | 48.0 cr |
| The Shamrao Vithal Cooperative Bank Ltd | 2 | 48.0 cr |
| Bank Of India | 2 | 48.0 cr |
| Citi Bank N.A. | 1 | 48.0 cr |
Compliance Score: 62/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 3 court forum(s).
- 1 auditor resignation(s) filed - latest: DILIP KAPADIA AND CO. on 2016-08-05.
- Delayed payments to MSME suppliers disclosed (1 disclosure(s)).
- 9 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 90/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| ASHOK NAGARDAS MEHTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KAUSHAL ASHOK MEHTA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 2 directors on the board.
- No disqualified or deactivated DINs.
- 1 director exit(s) in the last 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2022)
| 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
1
Group entities
2
Capital events
3 allotment(s) · 1 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Gypmix Private Limited | Subsidiary Company | 74.00% |
| Walplast Welfare Foundation | Associate Company | 74.00% |
Key managerial personnel: KAUSHAL ASHOK MEHTA (Managing Director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 95 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Profit expanded 1.42 year-on-year.
Asset base grew 2.1x - capacity expansion.
Net margin improved to 24%.
EPFO headcount growing - hiring signal.
Operating for 22+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
7 open charge(s) registered - assets are encumbered.
1 auditor resignation(s) on record - review the stated reasons.
MSME payment delays disclosed - latest outstanding 2.99 Lakh.
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence70/100
Favourable indicators
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.
- 7 open charge(s) of 128.76 cr already registered.
- Compliance gaps should be priced into terms.
Investor view82/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 5 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events20 Dec 2025
Charge created
Others - 5.00 cr
Charge created
Others - 15.00 cr
14 Nov 2025
Charge created
Axis Bank Limited - 45.00 cr
07 Oct 2025
Charge created
Others - 1.00 cr
30 Sep 2025
Last AGM held
Annual general meeting
29 Sep 2025
Director ceased
ASHOK NAGARDAS MEHTA
31 Mar 2025
Latest balance sheet
Filed with ROC
19 Oct 2022
Charge created
Others - 23.00 cr
11 Jul 2022
Charge satisfied
Hdfc Bank Limited
16 Jun 2022
Securities allotted
15761 Equity Shares - 2.00 cr raised
18 May 2022
Securities allotted
23640 Equity Shares - 3.00 cr raised
04 May 2022
Securities allotted
15791 Equity Shares - 2.00 cr raised
31 Mar 2020
Share transfer (FY 2020)
12000.00000000 shares to Kaushal Ashok Mehta
13 Jan 2019
Director ceased
BHAVESH CHANDRA CHATTOPADHYAYA
15 Oct 2018
Director ceased
ASHA ASHOK MEHTA
10
Key Observations
Auto-generated from the data aboveRevenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
2 active director(s) / partner(s); board looks stable and experienced.
9 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 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 3 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Ghan Shyam Oils Private Limited | U15141UP2000PTC025354 | Kanpur Nagar, Uttar Pradesh, India |
| Besmak Components | U33112TN1994PTC028942 | Sri Perumbadur Taluk, Tamil Nadu, India |
| Plastic Omnium Auto Inergy Manufacturing India Private Limited | U35914HR2010PTC040501 | Imt Manessar, Haryana, India |
| Kosh Innovations Private Limited | U25209PY2019PTC008382 | Puducherry, Pondicherry, India |
| Additivemasterbatches | U25199MH2010PTC199649 | Mumbai, Maharashtra, India |
| Pashupatigrp | U17299WB2017PTC223901 | Kolkata, West Bengal, India |
| Kisangroup | L17120MH1989PLC054305 | Mumbai, Maharashtra, India |
| Amd | L28122DL1983PLC017141 | Na, Delhi, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Walplast Products before audits and certifications: compliance score 62/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Walplast Products: 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 60/100, 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 Walplast Products - 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 Walplast Products pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Walplast Products - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Walplast Products an active company?
Walplast Products has MCA status “Active” with a compliance score of 62/100 (Moderate).
Is Walplast Products financially healthy?
Walplast Products has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.
Should I do business with Walplast Products?
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 Walplast Products?
Promoters hold a majority stake - exact percentages are in the full report. 2 active director(s) are on record.
Does Walplast Products have loans or charges against its assets?
7 open charge(s) are registered against its assets, and 7 earlier charge(s) stand satisfied.
Is Walplast Products up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 62/100 (Moderate).
Is it risky to lend to Walplast Products?
Its Credit Risk Score is 60/100 (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.
