We read every filing,
call, and disclosure
so you don’t have to.
Blackledger is an autonomous forensic desk for Indian equities. Our agents read filings, listen to concalls, cross-check disclosures, and flag the line items that don’t reconcile — overnight, every night, across the entire listed universe.
Polycab India
86
/100
“Promoter pledging reduced from 12.4% to 0% in Q1FY25. Auditor tenure stable at 6 years. No related-party anomalies detected in FY24 annual report disclosures.”
2,184
Companies covered
14
Active agents
184k
Filings processed
96.4%
Claims grounded
0
Hallucinations allowed
How it
works
From raw BSE filing to grounded verdict, every step is auditable.
Gather
Agents continuously pull every BSE filing — annual reports, auditor disclosures, pledge updates, and exchange notices.
Analyse
Fourteen specialist agents each examine one forensic dimension — governance, pledges, auditor tenure, related-party flows, and more.
Verdict
A synthesis agent weighs all signals and produces a single, citable verdict — BUY, HOLD, AVOID — with paragraph-level evidence trails.
Every number
has a paragraph.
No black boxes. Every score links back to a BSE filing, a date, and a paragraph. You can read exactly what the agent read, and dispute it if you disagree.
Auditor tenure risk
HIGHStatutory auditor changed 3× in 5 years. Last rotation: Oct 2023. Source: Annual Report FY24 §7.2. [1]
Promoter pledge
MODERATE71.2% of promoter holding pledged as of Q2FY25. Up from 44.3% in Q1. Source: BSE Disclosure 14-Nov-2024. [2]
Related-party flows
CLEANNo material related-party transactions beyond normal arm's-length disclosures. FY24 RPT schedule confirmed. [3]
Read the dossier.
Then make the call.
Free to start. No credit card. Forensic intelligence for Indian equities, grounded in primary evidence.