
NL Stones Private Limited
About NL Stones Private Limited
Data last updated:
NL Stones Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nahalchand Laloo Chand Private Limited. It operates in the infrastructure project management segment of the infrastructure and utilities sector. It was incorporated on 19 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U14100MH1998PTC117158. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jai Rajesh and Rajesh Himatlal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kantilal House14 Mama Parmanand Marg Opera House, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2025, the company reported a revenue of ₹66,932. For the same year it recorded a net profit of ₹8,169 (net margin 12.2%) and EBITDA of ₹12,582 (EBITDA margin 18.8%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 3% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
NL Stones Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressKantilal House14 Mama Parmanand Marg Opera House, Mumbai, Maharashtra, India – 400004
- IndustryInfrastructure and Utilities, Infrastructure Project Management
To see the full contact details of NL Stones 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 NL Stones is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of NL Stones Private Limited, buy the company report.
Financials of NL Stones Private Limited
FY 2025 filings availableNL Stones Private Limited reported revenue of ₹66,932 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years. EBITDA fell 75% 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 | ₹12,582 | ||||
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| Net Profit (PAT) | ₹8,169 | ||||
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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 | 18.8% | ||||
| Net Profit Margin | 12.2% | ||||
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To see the full financial statements and ratios of NL Stones Private Limited, buy the company report.
Board of directors of NL Stones Private Limited
NL Stones has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jai Rajesh Also directs: Wonder Estate Developers Pvt Ltd, NL Infrastructure and Projects Private Limited, Beautiful Properties Private Limited and 5 more | Director | 07 Jun 2005 | 21 Years 4 Months | Current |
| Rajesh Himatlal Also directs: Wonder Estate Developers Pvt Ltd, NL Infrastructure and Projects Private Limited, Beautiful Properties Private Limited and 4 more | Director | 19 Nov 1998 | 27 Years 11 Months | Current |
| Yash Rajesh Also directs: Wonder Estate Developers Pvt Ltd, NL Infrastructure and Projects Private Limited, Beautiful Properties Private Limited and 5 more | Director | 23 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
NL Stones Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Project Management), with the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| NL Infrastructure and Projects Private Limited | ₹70,741 (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| PJ Leasing & Project Management Private Limited | ₹70,000 (FY 2021) | Mumbai, Maharashtra, India | ||||
| NL Stones Private Limitedthis company | ₹66,932 (FY 2025) | ₹8,169 | 12.2% | Mumbai, Maharashtra, India | ||
| Enivox Services Private Limited | ₹66,578 (FY 2025) | -16.0% | Gurugram, Haryana, India |
To see the full peer comparison of NL Stones Private Limited, buy the company report.
Auditor
NL Stones Private Limited is audited by SUNIL VANKAWALA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNIL VANKAWALA & ASSOCIATES | FY 2021 | 110616W |
Shareholding
The shareholding of NL Stones Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of NL Stones Private Limited, buy the company report.
Legal cases
NL Stones Private Limited has 2 court cases on record: 1 filed by NL Stones, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (SMST S) | Filed by the company against an individual | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (SPCS) | Filed against the company by an individual | Disposed |
To see the full case history of NL Stones 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
No delayed payments to MSME suppliers are on our record for NL Stones Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NL Stones has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of NL Stones Private Limited, buy the company report.
Recent activity
NL Stones Private Limited has 7 board changes on record since 1998: 5 appointments and 2 cessations. The latest: Mukesh Himatlal ceased to be Director on 04 Feb 2021.
Frequently asked questions
NL Stones is an active private limited company based in Mumbai, Maharashtra, India. The company works in infrastructure project management, within the infrastructure and utilities industry. It was incorporated on 19 November 1998 (28+ years old) and is registered under CIN U14100MH1998PTC117158.
NL Stones has 3 current directors:
- Jai Rajesh - Director
- Rajesh Himatlal - Director
- Yash Rajesh - Director
The latest financial statements of NL Stones on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. NL Stones has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of NL Stones is U14100MH1998PTC117158. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
NL Stones has 2 court cases on record: 1 filed by the company and 1 filed against it.
NL Stones was incorporated on 19 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of NL Stones by revenue are NL Infrastructure and Projects Private Limited, PJ Leasing & Project Management Private Limited, Enivox Services Private Limited, all in the Infrastructure industry (Project Management), with the same principal business activity (real estate activities on fee or contract basis).
Mukesh Himatlal ceased to be Director on 04 Feb 2021. Hiral Rajesh ceased to be Director on 12 Jul 2010. Yash Rajesh was appointed as Director on 23 Apr 2008. NL Stones has 7 board changes on record in total.
The registered office of NL Stones is at Kantilal House14 Mama Parmanand Marg Opera House, Mumbai, Maharashtra, India – 400004.
NL Stones operates in the infrastructure and utilities industry, in the infrastructure project management segment.

