Real estate lender Altico misses interest payment to Mashreq Bank
Altico Capital India Ltd · NBFC / real estate lending
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Unit economics & burn
Would have shown asset-liability mismatch and thin liquidity buffers.
Can mislead when: Cost allocation is a judgement call. Kubr shows its assumptions and lets the user change them.
Operating-metric verification
Would have tested project sales and collections at borrower sites.
Can mislead when: Contract staff do not appear in EPFO. Vahan access needs licensed APIs. Some businesses have no physical trace.
Where Kubr services would have helped
Valuation context
Offered in India- C9 Would have shown asset-liability mismatch and thin liquidity buffers.
Financial diligence
Offered in India- C9 Would have shown asset-liability mismatch and thin liquidity buffers.
- C10 Would have tested project sales and collections at borrower sites.
Model check
Offered in India- C9 Would have shown asset-liability mismatch and thin liquidity buffers.
- C10 Would have tested project sales and collections at borrower sites.
Portfolio monitor
Offered in India- C10 Would have tested project sales and collections at borrower sites.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.