Zenith Fibres Limited - Due diligence report

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

1989-12-12 Mumbai, Maharashtra Active Listed Active Compliant
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ZF Zenith Fibres Limited
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Zenith Fibres — 360° Intelligence Report

Generated from MCA filings & public records
71/100
Trust Score
Moderate

Zenith Fibres is assessed as Moderate with a Trust Score of 71/100. Zenith Fibres is an active public limited indian non-government company incorporated in 1989, 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 high compliance risk and low financial risk profile.

Report generated on 14 Aug 2026 from the latest processed filings. Zenith Fibres 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 ScoreModerate
71/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
42/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
75/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
85/100
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
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.

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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: 85/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 1 open (3.00 cr) · 12 satisfied (25.13 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Canara Bank6 48.0 cr
Hdfc Bank Limited2 48.0 cr
Standard Chartered Bank1 48.0 cr
Others1 48.0 cr
Icici Bank Limited1 48.0 cr
The Indu. Credit And Invest. Corp. Of India Ltd.1 48.0 cr
Compliance Score: 42/100 Caution Indicated
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Flagged by authority: BSE.
  • Litigation present in 3 court forum(s).
  • Delayed payments to MSME suppliers disclosed (18 disclosure(s)).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
SANJEEV RUNGTA 01234567 Director 01/04/2018 6 yrs Approved
AMAN SANJEEV RUNGTA 01234567 Director 01/04/2018 6 yrs Approved
SANJEEV RUNGTA 01234567 Director 01/04/2018 6 yrs Approved
RASHMIBEN SAMIRBHAI DESAI 01234567 Director 01/04/2018 6 yrs Approved
Dharati Shah 01234567 Director 01/04/2018 6 yrs Approved
VIKRAM KRISHNAKUMAR SOMANI 01234567 Director 01/04/2018 6 yrs Approved
AMAN SANJEEV RUNGTA 01234567 Director 01/04/2018 6 yrs Approved
Dharati Darpan Bhavsar 01234567 Director 01/04/2018 6 yrs Approved
  • 8 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 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
1
Capital events
-

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Group entityRelationship% held
Rainy Properties Pvt Ltd Associate Company 74.00%

Key managerial personnel: SANJEEV RUNGTA (CEO) · AMAN SANJEEV RUNGTA (CFO) · SANJEEV RUNGTA (Whole-time director) · AMAN SANJEEV RUNGTA (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 85 · Distress 75
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 36+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Compliance score is weak (42/100).
1 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 4.83 Lakh.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence61/100
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 assessment71/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 3.00 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view78/100
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
26 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
29 May 2024
Director ceased
MUKUND BALKRISHNA BERIWALA
08 Dec 2023
Director appointed
Dharati Darpan Bhavsar (Company Secretary)
01 Oct 2023
Director appointed
VIKRAM KRISHNAKUMAR SOMANI (Director)
15 Mar 2023
Charge created
Others - 3.00 cr
03 Feb 2023
Charge satisfied
Standard Chartered Bank
15 Sep 2020
Director ceased
AMITABHA JUGALKISHORE GHOSH
01 Jun 2020
Director appointed
SANJEEV RUNGTA (CEO)
01 Apr 2020
Director appointed
AMAN SANJEEV RUNGTA (CFO)
Director appointed
AMAN SANJEEV RUNGTA (Whole-time director)
24 May 2019
Director ceased
ABHISHAKE RUNGTA
24 May 2018
Director ceased
BHADRESH KANTILAL MEHTA
05 Dec 2017
Charge satisfied
Hdfc Bank Limited
11 Nov 2017
Director appointed
RASHMIBEN SAMIRBHAI DESAI (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Net worth is positive.
8 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 the largest single block of equity as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Silver Fab Suiting Private Limited U18101RJ2003PTC018079 Rajasthan., Rajasthan, India
Meera Textiles Private Limited U17111TZ1986PTC001750 Tirupur, Tamil Nadu, India
Shree Rajasthan Syntex L24302RJ1979PLC001948 Dungarpur, Rajasthan, India
Uma Spinners Private Limited U51909WB1995PTC070129 Kolkata, West Bengal, India
Raghukaushal Textile Private Limited U17120GJ2011PTC066309 Ahmedabad, Gujarat, India
Murlidhar Tex Prints Private Limited U18109GJ2007PTC051899 Surat, Gujarat, India
Shanti Rayons India Private Limited U17111TZ2006PTC012564 Salem, Tamil Nadu, India
Arunaagold Tex Corporate Private Limited U17111TZ2013PTC019103 Coimbatore, Tamil Nadu, India
12

Who Uses This Report

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

Verify Zenith Fibres before audits and certifications: compliance score 42/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Zenith Fibres: 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 85/100, 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 Zenith Fibres - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Review suggested. Trust score 71/100, distress signals and MSME payment-delay disclosures - know whether Zenith Fibres 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 Zenith Fibres - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Zenith Fibres an active company?

Zenith Fibres has MCA status “Active” with a compliance score of 42/100 (Caution Indicated).

Is Zenith Fibres financially healthy?

Zenith Fibres has a Financial Health Score of 75/100 (Low Risk) based on its filed financial statements.

Should I do business with Zenith Fibres?

Its overall Trust Score is 71/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Zenith Fibres?

Promoters hold the largest single block of equity - exact percentages are in the full report. 8 active director(s) are on record.

Does Zenith Fibres have loans or charges against its assets?

1 open charge(s) are registered against its assets, and 12 earlier charge(s) stand satisfied.

Is Zenith Fibres up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 42/100 (Caution Indicated).

Is it risky to lend to Zenith Fibres?

Its Credit Risk Score is 85/100 (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.