About Fives Stein India Projects Private Limited
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Fives Stein India Projects Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Fives Stein. It operates in the engineering sector. It was incorporated on 11 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45209WB1994PTC061416. Its GSTIN is 19AADCS7768M1ZG (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹24 Cr and a paid-up capital of ₹23.86 Cr. It was formerly known as Stein Herurtey India Projects Pvt.Ltd. It is led by directors including Tara Sankar Palit (Managing Director) and Veeraraghavalu Soundararajan Ravichandran.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor, 52 Chowringhee Road Kolkata – 700071, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹111.74 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹13.99 Cr (net margin 12.5%) and EBITDA of ₹12.53 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 25% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
Court records list 11 cases involving the company, including 6 filed by the company and 5 filed against it; 1 case is pending. The company has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in August 2018. The company has 16 MSME Form 1 returns on record between 2010 and 2024, listing 140 overdue payments to 35 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fivesgroup.com.
Company details
Contact details
Fives Stein India Projects Private Limited's registered office is in Kolkata, West Bengal. Its website is fivesgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3rd Floor, 52 Chowringhee Road Kolkata – 700071, West Bengal, India – 700071
- IndustryEngineering, Engineering, Procurement & Construction (EPC)
To see the full contact details of Fives Stein India Projects Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Fives Stein India Projects is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Fives Stein India Projects Private Limited, buy the company report.
Financials of Fives Stein India Projects Private Limited
FY 2025 filings availableFives Stein India Projects Private Limited reported revenue of ₹111.74 Cr (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA rose 480% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹12.53 Cr | ||||
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| Net Profit (PAT) | ₹13.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 12.5% | ||||
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To see the full financial statements and ratios of Fives Stein India Projects Private Limited, buy the company report.
Board of directors of Fives Stein India Projects Private Limited
Fives Stein India Projects has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tara Sankar Palit | Managing Director | 19 Jun 2019 | 7 Years 4 Months | Current |
| Veeraraghavalu Soundararajan Ravichandran | Director | 16 Nov 2016 | 9 Years 11 Months | Current |
| Willy Hillenmeyer | Director | 31 Mar 2022 | 4 Years 7 Months | Current |
| Mehlman Guillaume | Director | 29 Nov 2017 | 8 Years 11 Months | Current |
Auditor
Fives Stein India Projects Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 302009E |
Shareholding
The shareholding of Fives Stein India Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fives Stein India Projects Private Limited, buy the company report.
Deals & funding
Fives Stein India Projects Private Limited has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in August 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Rights issue | ₹16 Cr | Investors: an individual |
| Nov 2016 | Rights issue | ₹7.5 Cr | Investors: an individual |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: P D K International Pvt Ltd , an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fives Stein India Projects Private Limited has 11 court cases on record: 6 filed by Fives Stein India Projects, 5 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 1 |
| District courts | 3 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kancheepuram, Tamil Nadu | Civil suit | Filed against the company by Texcel International Private Ltd., Rep by Its Director R.Mukunthan | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against M/S. Rashtriya Ispat Nigam Limited, and 1 other | Disposed |
| High Court | Writ petition | Filed by the company against M/S. Rashtriya Ispat Nigam Limited, and 1 other | Disposed |
| High Court of Madhya Pradesh | Court case (RP) | Filed by the company against The State of Madhya Pradesh and 1 other | Pending |
| High Court, West Bengal | Writ petition | Filed by the company against The Deputy Magistrate and Deputy Collector and Anr. | Disposed |
To see the full case history of Fives Stein India Projects Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Fives Stein India Projects Private Limited has 16 MSME Form 1 returns on record between 2010 and 2024, listing 140 overdue payments to 35 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 35)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| M. E Energy Private Limited | |||
| Towell Engineering International LLP | |||
| an individual supplier | |||
| an individual supplier | |||
| Flexomech India |
To see the full MSME payment records of Fives Stein India Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fives Stein India Projects Private Limited has a workforce of 51 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Fives Stein India Projects has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS7768M1ZG | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Fives Stein India Projects Private Limited, buy the company report.
Recent activity
Fives Stein India Projects Private Limited has 19 board changes on record since 2008: 4 appointments and 15 cessations. The latest: Willy Hillenmeyer ceased to be Additional Director on 29 Sep 2022.
10 earlier events are in the company report.
Frequently asked questions
Fives Stein India Projects is an active private limited company based in Kolkata, West Bengal, India. The company works in the engineering industry. It was incorporated on 11 January 1994 (32+ years old) and is registered under CIN U45209WB1994PTC061416.
Fives Stein India Projects has 4 current directors:
- Tara Sankar Palit - Managing Director
- Veeraraghavalu Soundararajan Ravichandran - Director
- Willy Hillenmeyer - Director
- Mehlman Guillaume - Director
The latest financial statements of Fives Stein India Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fives Stein India Projects is 19AADCS7768M1ZG, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Fives Stein India Projects is U45209WB1994PTC061416. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fives Stein India Projects has 11 court cases on record: 6 filed by the company and 5 filed against it. 1 is pending. Most are in the high courts.
Fives Stein India Projects was incorporated on 11 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Fives Stein India Projects has 4 deals on record (2 rights issues, 2 secondary share transfers); the latest was in August 2018.
Willy Hillenmeyer ceased to be Additional Director on 29 Sep 2022. Willy Hillenmeyer was appointed as Director on 31 Mar 2022. Alain Pierre Joseph Luc Davezac ceased to be Director on 16 Dec 2021. Fives Stein India Projects has 19 board changes on record in total.
Fives Stein India Projects has 16 MSME Form 1 returns on record between 2010 and 2024, listing 140 overdue payments to 35 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Fives Stein India Projects can be reached through the website fivesgroup.com. Its registered office is in Kolkata, West Bengal, India.
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