Stromag Engineers Limited
About Stromag Engineers Limited
Data last updated:
Stromag Engineers Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 23 April 1996.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31900MH1996PTC099053. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49.95 Lakh. It was led by directors including Kanahiyalal Ramchand Dewani (Managing Director) and Ramchand Prabhudas Dewani.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at B – 2 Nandjyot Indl Estateandheri Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2016, the company reported a revenue of ₹7.35 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹84.27 Lakh (net margin 11.5%) and EBITDA of ₹1.37 Cr (EBITDA margin 18.7%).
The company had about 11 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.
Company details
CIN history
Stromag Engineers has one previous CIN (Corporate Identification Number): U31900MH2004PTC099053. The current CIN is U31900MH1996PTC099053, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31900MH1996PTC099053 | Current |
| U31900MH2004PTC099053 | Previous |
Contact details
Stromag Engineers Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressB – 2 Nandjyot Indl Estateandheri Kurla Road Andheri (E), Mumbai, Maharashtra, India – 400072
- IndustryElectrical, General Purpose And Special Purpose Machinery & Equipment, Electrical Equipment, Transport Equipment
- 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 Stromag Engineers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Stromag Engineers Limited, buy the company report.
Financials of Stromag Engineers Limited
FY 2016 filings availableStromag Engineers Limited reported revenue of ₹7.35 Cr (down 30% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 30% in the latest year. EBITDA fell 48% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.37 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹84.27 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 18.7% | |
| Net Profit Margin | 11.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Stromag Engineers Limited, buy the company report.
Board of directors of Stromag Engineers Limited
Stromag Engineers has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramchand Prabhudas Dewani | Director | 13 Mar 2003 | 23 Years 7 Months | As last reported |
| Sunita Shantiprakash Dewani Also directs: Top Enterprises Private Limited | Director | 15 Jun 2001 | 25 Years 4 Months | As last reported |
| Kanahiyalal Ramchand Dewani Also directs: Saf-Lift Conductors LLP, Speed-O-Controls Private Limited, SNT Controls Limited and 3 more | Managing Director | 23 Apr 1996 | 30 Years 6 Months | As last reported |
| Vinay Kanahiyalal Dewani Also directs: Speed-O-Controls Private Limited, SNT Controls Limited, Speedage Engineers (India) Private Limited and 2 more | Director | 26 Jul 2011 | 15 Years 2 Months | As last reported |
Peer comparison
Stromag Engineers Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yateen Electrical and Electronics Private Limited | ₹7.37 Cr (FY 2025) | 90.0% | Telangana, India | |||
| Nugreen Energy Private Limited | ₹7.36 Cr (FY 2021) | -34.0% | New Delhi, Delhi, India | |||
| Ipsons Pharma Equipments Private Limited | ₹7.36 Cr (FY 2025) | -34.0% | Thane, Maharashtra, India | |||
| EEE Energy Private Limited | ₹7.36 Cr (FY 2024) | 23.0% | Krishnagiri, Tamil Nadu, India | |||
| Altotec Infrared System Private Limited | ₹7.36 Cr (FY 2025) | 103.0% | Pune, Maharashtra, India | |||
| Stromag Engineers Limitedthis company | ₹7.35 Cr (FY 2016) | ₹84.27 Lakh | 11.5% | -30.0% | Mumbai, Maharashtra, India | |
| Matrix Ups Equipment Private Limited | ₹7.35 Cr (FY 2025) | 3.0% | Delhi, India | |||
| Gansons Radiators Pvt Ltd | ₹7.35 Cr (FY 2025) | -5.0% | Navi Mumbai, Maharashtra, India | |||
| Acumen Synergy Private Limited | ₹7.34 Cr (FY 2021) | 11.0% | Chennai, Tamil Nadu, India | |||
| Numeric Inkjet Technologies Private Limited | ₹7.34 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India | |||
| Koushic Pressure Vessels Private Limited | ₹7.34 Cr (FY 2024) | -35.0% | Vellore, Tamil Nadu, India |
To see the full peer comparison of Stromag Engineers Limited, buy the company report.
Legal cases
Stromag Engineers Limited has 6 court cases on record: 3 filed by Stromag Engineers, 3 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (OLR) | Filed against the company by The Official Liquidator High Court Bombay | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Stromag Ag | Disposed |
| Bombay High Court | Appeal | Filed by the company against The Registrar of Companies | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company against an individual | Disposed |
To see the full case history of Stromag Engineers 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 Stromag Engineers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stromag Engineers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Stromag Engineers Limited, buy the company report.
Recent activity
Stromag Engineers Limited has 5 board changes on record since 1996: 4 appointments and 1 cessation. The latest: Kailash Ramchand Dewani ceased to be Director on 21 May 2015.
Frequently asked questions
Stromag Engineers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Stromag Engineers was a private limited company based in Mumbai, Maharashtra, India. The company worked in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 23 April 1996 and is registered under CIN U31900MH1996PTC099053. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Stromag Engineers was incorporated on 23 April 1996. It is registered with the Registrar of Companies, Mumbai.
Stromag Engineers had 4 directors:
- Kanahiyalal Ramchand Dewani - Managing Director
- Ramchand Prabhudas Dewani - Director
- Sunita Shantiprakash Dewani - Director
- Vinay Kanahiyalal Dewani - Director
The CIN (Corporate Identification Number) of Stromag Engineers is U31900MH1996PTC099053. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Stromag Engineers is at B – 2 Nandjyot Indl Estateandheri Kurla Road Andheri E, Mumbai, Maharashtra, India – 400072.
The latest financial statements of Stromag Engineers on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. Stromag Engineers has 1 GST registration on record and it is cancelled or inactive.
Stromag Engineers operated in the electrical industry, in the general purpose and special purpose machinery and equipment segment.
The peers of Stromag Engineers by revenue are Yateen Electrical and Electronics Private Limited, Nugreen Energy Private Limited, Ipsons Pharma Equipments Private Limited, EEE Energy Private Limited, Altotec Infrared System Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Stromag Engineers has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending.