String Metaverse Limited

BSE: 534535
String Metaverse Limited - wood in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN L62099TG1994PLC017207 Incorporated 17 March 1994 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Listed - BSE: 534535 Public Limited Company wood
Data last updated
Market Cap
₹832 Cr
META · BSE
Share Price
₹6.62
-2.93% today
Revenue
₹1,069 Cr
FY 2025-26 · +162.5% YoY
EBITDA
₹114 Cr
Margin 10.7%
Net Profit
₹102 Cr
FY 2025-26 · +192.0% YoY
P/E (TTM)
7.0x
P/B 2.6x
Authorised capital
₹200 Cr
Registered with MCA
Paid-up capital
₹121.99 Cr
Issued & subscribed

About String Metaverse Limited

Data last updated:

String Metaverse Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the paper and packaging products segment of the wood and timber products sector. It was incorporated on 17 March 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L62099TG1994PLC017207. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on BSE: 534535.

The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹121.99 Cr. It was formerly known as Shiv Sagar Paper and Chemicals Ltd. It is led by directors including Meenavalli Ganesh (Managing Director) and Prathipati Parthasarathi.

Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Hyderabad, Telangana.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,069.11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹102.48 Cr (net margin 9.6%) and EBITDA of ₹114.44 Cr (EBITDA margin 10.7%).

As per MCA filings, the company has satisfied charges of ₹16.02 Cr on record. Court records list 30 cases involving the company, including 10 filed by the company and 20 filed against it.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website biogreenpapers.com.

Company details

CIN L62099TG1994PLC017207
Registration Number 017207
Incorporation Date 17 March 1994
ROC Hyderabad
Listing Status Listed - Listed on BSE (534535)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

String Metaverse has undergone 2 name changes throughout its history. The company was previously known as Shiv Sagar Paper And Chemicals Ltd, and String Metaverse Limited. The current legal name is String Metaverse Limited.

Company NameStatus
String Metaverse LimitedCurrent
Shiv Sagar Paper And Chemicals LtdPrevious

CIN history

String Metaverse has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L62099TG1994PLC017207, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L62099TG1994PLC017207Current
U21012AP1994PLC017207Previous
L21012TG1994PLC017207Previous
U21012TG1994PLC017207Previous
Key People
Meenavalli Ganesh Managing Director Prathipati Parthasarathi Director Deenadayal Tripurasetty Director

Contact details

String Metaverse Limited's registered office is in Hyderabad, Telangana.

  • Registered Address
    Sy. No. 66/2 Street No. 03 2nd Floor Rai Durgam, Prashanth Hills Nav Khalsa Gachi Bowli, Hyderabad, Telangana, India – 500008
  • Industry
    Wood, Paper & Paper Products, Furniture, Wood & Wood Products
Comprehensive company report
String Metaverse Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of String Metaverse is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of String Metaverse Limited, buy the company report.

Financials of String Metaverse Limited

FY 2025-26 filings available

String Metaverse Limited reported revenue of ₹1,069.11 Cr (up 162.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,069 Cr
+162.4% YoY
EBITDA
₹114 Cr
+177.0% YoY
Profit After Tax
₹102 Cr
+192.0% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2018-19
Income statement
Revenue1,0694071510.009.97
Revenue growth+162.5%+169.4%---
EBITDA11441.3112.21(0.83)0.96
EBITDA margin+10.7%+10.1%+8.1%-+9.6%
Profit before tax10435.3610.81(1.41)0.47
Net profit10235.1011.53(1.36)(0.43)
Net profit margin+9.6%+8.6%+7.6%--4.3%
EPS (₹)0.853.281.12(0.53)0.18
Balance sheet
Total assets-16211241.7454.30
Net worth-16111036.1248.69
Total debt-0.200.313.883.56
Cash & bank-10.0523.720.000.09
Net working capital-22.0840.201.7910.37
Cash flow
Cash from operations-49.33(1.24)0.000.02
Cash from investing-(75.37)(25.39)0.00(17.83)
Cash from financing-12.3750.350.0017.81
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue39235927823219915411687.81
Revenue growth (YoY)+97.3%+133.6%+140.6%+164.8%+297.6%---
Other income0.026.020.440.770.210.210.550.08
EBITDA43.8335.9631.8125.0621.6215.5111.217.91
EBITDA margin+11.2%+10.0%+11.4%+10.8%+10.9%+10.1%+9.7%+9.0%
Depreciation6.836.214.354.053.452.701.561.24
Interest0.130.300.000.000.000.000.000.01
Profit before tax36.8935.4727.9021.7818.3813.0210.206.74
Tax(0.03)0.760.000.140.080.100.000.00
Net profit36.9234.7127.9021.6418.3012.9210.206.74
EPS (₹)0.300.292.381.841.591.200.940.63
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2019-20FY 2018-19FY 2017-18
Income statement
Revenue12.9412.354.380.001.261.660.23
Revenue growth+4.8%+182.0%---24.1%+621.7%-
EBITDA2.191.720.98(0.83)(0.15)(0.34)(1.92)
EBITDA margin+16.9%+13.9%+22.4%--11.9%-20.5%-834.8%
Profit before tax4.040.320.68(1.41)(0.64)0.00(2.80)
Net profit3.060.321.15(1.36)(0.58)(0.90)(2.68)
Net profit margin+23.7%+2.6%+26.3%--46.0%-54.2%-1165.2%
EPS (₹)0.030.030.07(0.53)(0.22)0.010.00
Balance sheet
Total assets-11297.9341.7452.4151.6234.85
Net worth-11297.6236.1247.0047.5729.72
Total debt-0.200.313.883.372.003.08
Cash & bank-6.3221.720.000.020.050.04
Net working capital-18.2820.101.796.866.665.90
Cash flow
Cash from operations-(8.97)3.480.00(0.03)0.02(1.05)
Cash from investing-(18.79)(32.12)0.000.00(17.83)2.40
Cash from financing-12.3750.350.000.0017.81(1.31)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4.053.883.353.132.584.103.242.56
Revenue growth (YoY)+57.0%-5.4%+3.4%+22.3%+5.3%---
Other income0.026.020.310.600.210.200.550.09
Total expenses2.424.892.132.181.542.883.193.75
EBITDA1.63(1.01)1.220.951.041.220.05(1.19)
EBITDA margin+40.2%-26.0%+36.4%+30.4%+40.3%+29.8%+1.5%-46.5%
Depreciation1.351.611.391.010.960.670.630.46
Interest0.130.300.000.000.000.000.000.01
Profit before tax0.173.100.140.540.290.75(0.03)(1.57)
Tax(0.03)0.980.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue39235927823219915411687.81
Revenue growth (YoY)+97.3%+133.6%+140.6%+164.8%+297.6%---
Other income0.026.020.440.770.210.210.550.08
EBITDA43.8335.9631.8125.0621.6215.5111.217.91
EBITDA margin+11.2%+10.0%+11.4%+10.8%+10.9%+10.1%+9.7%+9.0%
Depreciation6.836.214.354.053.452.701.561.24
Interest0.130.300.000.000.000.000.000.01
Profit before tax36.8935.4727.9021.7818.3813.0210.206.74
Tax(0.03)0.760.000.140.080.100.000.00
Net profit36.9234.7127.9021.6418.3012.9210.206.74
EPS (₹)0.300.292.381.841.591.200.940.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2018-19
Revenue1,0694071510.009.97
Revenue growth+162.5%+169.4%---
Other income7.440.860.870.000.94
Total expenses9553661390.839.01
Employee cost0.003.340.970.070.30
EBITDA11441.3112.21(0.83)0.96
EBITDA margin+10.7%+10.1%+8.1%-+9.6%
Depreciation18.066.742.190.581.25
Interest0.310.070.080.000.18
Profit before tax10435.3610.81(1.41)0.47
Tax0.980.100.00(0.05)0.00
Net profit10235.1011.53(1.36)(0.43)
Net profit margin+9.6%+8.6%+7.6%--4.3%
EPS (₹)0.853.281.12(0.53)0.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2018-19
Equity & liabilities
Share capital-10796.9625.8225.82
Reserves & surplus-54.1513.4210.3022.87
Shareholders' funds (net worth)-16111036.1248.69
Minority interest-0.390.000.000.00
Secured loans-0.200.310.001.56
Unsecured loans-0.000.003.882.00
Total debt-0.200.313.883.56
Total liabilities-16211241.7454.30
Assets
Gross block-13870.7825.8532.02
Net block-12463.8710.8618.60
Capital work in progress-9.590.6010.5611.76
Investments-5.536.2717.818.91
Inventories-0.000.000.893.85
Sundry debtors-1.511.471.425.73
Cash & bank balances-10.0523.720.000.09
Loans & advances-12.0819.480.061.66
Total current assets-23.6444.672.3711.33
Total current liabilities-1.564.470.580.96
Net working capital-22.0840.201.7910.37
Total assets-16211241.7454.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2018-19
Opening cash-23.720.000.000.04
Net cash from operating activities-49.33(1.24)0.000.02
Net cash from investing activities-(75.37)(25.39)0.00(17.83)
Net cash from financing activities-12.3750.350.0017.81
Net change in cash-(13.67)23.720.000.01
Closing cash-10.0523.720.000.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2018-19
Growth
Sales growth+162.5%+169.4%---
EBITDA growth+177.0%+238.3%+1571.1%--
PBT growth+192.7%+227.1%+9998.0%-+9997.0%
Net income growth+192.0%+204.4%+947.8%--
Revenue CAGR (3Y)-+244.4%---
EBITDA CAGR (3Y)-+250.4%---
Profitability & leverage
Net income margin+9.6%+8.7%+7.2%-+4.7%
Return on capital employed-+25.9%+14.2%0.0%-0.6%
Return on net worth-+26.0%+14.8%0.0%-0.9%
Debt / equity-0.000.030.110.07
Long-term debt / equity-0.000.030.110.05
Interest cover0.320.200.800.00-62.07
Efficiency & per share
Fixed asset turnover-3.903.130.000.31
Inventory turnover-0.00339.800.002.59
Debtors turnover-273.40104.640.001.74
EPS (₹)0.853.281.12(0.53)0.18
Dividend per share (₹)0.000.000.000.000.00
Book value per share (₹)0.0015.0611.3813.9918.86
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue4.053.883.353.132.584.103.242.56
Revenue growth (YoY)+57.0%-5.4%+3.4%+22.3%+5.3%---
Other income0.026.020.310.600.210.200.550.09
Total expenses2.424.892.132.181.542.883.193.75
EBITDA1.63(1.01)1.220.951.041.220.05(1.19)
EBITDA margin+40.2%-26.0%+36.4%+30.4%+40.3%+29.8%+1.5%-46.5%
Depreciation1.351.611.391.010.960.670.630.46
Interest0.130.300.000.000.000.000.000.01
Profit before tax0.173.100.140.540.290.75(0.03)(1.57)
Tax(0.03)0.980.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2019-20FY 2018-19FY 2017-18
Revenue12.9412.354.380.001.261.660.23
Revenue growth+4.8%+182.0%---24.1%+621.7%-
Other income7.130.850.920.000.110.940.00
Total expenses10.7510.633.400.831.412.002.15
Employee cost0.002.130.590.070.230.190.17
EBITDA2.191.720.98(0.83)(0.15)(0.34)(1.92)
EBITDA margin+16.9%+13.9%+22.4%--11.9%-20.5%-834.8%
Depreciation4.972.211.180.580.600.600.88
Interest0.310.040.040.000.000.000.00
Profit before tax4.040.320.68(1.41)(0.64)0.00(2.80)
Tax0.980.000.00(0.05)(0.06)(0.04)(0.12)
Net profit3.060.321.15(1.36)(0.58)(0.90)(2.68)
Net profit margin+23.7%+2.6%+26.3%--46.0%-54.2%-1165.2%
EPS (₹)0.030.030.07(0.53)(0.22)0.010.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2019-20FY 2018-19FY 2017-18
Equity & liabilities
Share capital-10796.9625.8225.8225.828.00
Reserves & surplus-4.770.6610.3021.1821.7521.72
Shareholders' funds (net worth)-11297.6236.1247.0047.5729.72
Secured loans-0.200.310.000.000.000.00
Unsecured loans-0.000.003.883.372.003.08
Total debt-0.200.313.883.372.003.08
Total liabilities-11297.9341.7452.4151.6234.85
Assets
Gross block-51.9342.4225.8512.6125.8526.00
Net block-47.9740.6710.8612.6113.2113.80
Capital work in progress-4.280.0010.5610.6910.6910.69
Investments-41.7936.0317.8117.8117.810.00
Inventories-0.000.000.891.682.692.69
Sundry debtors-1.511.661.425.243.983.26
Cash & bank balances-6.3221.720.000.020.050.04
Loans & advances-11.731.470.060.060.100.00
Total current assets-19.5624.852.377.006.825.99
Total current liabilities-1.284.750.580.140.160.09
Net working capital-18.2820.101.796.866.665.90
Total assets-11297.9341.7452.4151.6234.85
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2019-20FY 2018-19FY 2017-18
Opening cash-21.720.000.000.050.040.00
Net cash from operating activities-(8.97)3.480.00(0.03)0.02(1.05)
Net cash from investing activities-(18.79)(32.12)0.000.00(17.83)2.40
Net cash from financing activities-12.3750.350.000.0017.81(1.31)
Net change in cash-(15.40)21.710.00(0.03)0.010.04
Closing cash-6.3221.720.000.020.050.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2019-20FY 2018-19FY 2017-18
Growth
Sales growth+4.8%+182.0%---24.1%+621.7%-
EBITDA growth+27.3%+75.5%+218.1%-+55.9%+82.3%-
PBT growth+1162.5%-52.9%+9998.0%-120.3%+9997.0%+9997.0%-84.2%
Net income growth+856.3%-72.2%+184.6%-+35.6%+66.4%-
Revenue CAGR (3Y)-+114.0%+38.2%-100.0%+43.1%-15.5%-60.7%
EBITDA CAGR (3Y)----24.4%-38.3%--
Profitability & leverage
Net income margin+23.7%+2.6%+15.5%--46.0%+2.4%-1165.2%
Return on capital employed-+0.3%+2.1%0.0%0.0%-2.2%-7.2%
Return on net worth-+0.3%+1.7%0.0%0.0%-2.4%-8.2%
Debt / equity-0.000.030.110.060.070.11
Long-term debt / equity-0.000.030.110.060.070.07
Interest cover-11.15-8.16-20.000.000.000.000.00
Efficiency & per share
Fixed asset turnover-0.260.130.000.070.060.01
Inventory turnover-0.009.840.000.580.620.06
Debtors turnover-7.792.840.000.270.460.05
EPS (₹)0.030.030.07(0.53)(0.22)0.010.00
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0010.4510.0713.9918.2018.4237.14

To see the full year-wise statements and ratios of String Metaverse Limited, buy the company report.

Board of directors of String Metaverse Limited

String Metaverse has 11 current directors and 32 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Prathipati ParthasarathiDirector12 Nov 20241 Years 11 MonthsCurrent
Deenadayal Tripurasetty
Also directs: Spacenet Enterprises India Limited, Vistas Finance Private Limited, Thalassa Enterprises Limited
Director23 Jul 20242 Years 3 MonthsCurrent
Meenavalli Ganesh
Also directs: String Realty Vault LLP, String Haven Realty LLP, Torus Kling Fintech Private Limited
Managing Director31 May 20242 Years 4 MonthsCurrent
Anima Rajmohan Nair
Also directs: Spacenet Enterprises India Limited, Neurogifted Standards Organization Private Limited, Hashecm Technologies Private Limited
Director06 Sep 20242 Years 1 MonthsCurrent
Vivek Kumar Ratakonda
Also directs: Srija Hotels & Properties Private Limited
Director05 Jun 20242 Years 4 MonthsCurrent
Meenavalli Krishna Mohan
Also directs: String Realty Vault LLP, String Haven Realty LLP, Torus Kling Fintech Private Limited
Director31 May 20242 Years 4 MonthsCurrent
Showing 6 of 11 current directors. View all directors

Peer comparison

String Metaverse Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
String Metaverse Limitedthis company₹1,069.11 Cr (FY 2026)₹102.48 Cr9.6%162.4%Hyderabad, Telangana, India
Mastek Enterprise Solutions Private Limited₹417.09 Cr (FY 2024)-1.0%Ahmedabad, Gujarat, India
Xeam Ventures Private Limited₹407.03 Cr (FY 2025)23.0%Mohali, Punjab, India
PC Solutions Private Limited₹404.13 Cr (FY 2025)24.0%New Delhi, Delhi, India
Orion India Systems Private Limited₹403.3 Cr (FY 2025)15.0%Mumbai, Maharashtra, India

To see the full peer comparison of String Metaverse Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹16.02 Cr
Breakdown by lending institutions
I.D.B.I. Bank Ltd.₹6.75 Cr
State Bank of India₹6.27 Cr
Bio Green Industries Limited₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 May 201210355641State Bank of India₹3 CrSatisfied
10 Aug 200710068029Bio Green Industries Limited₹3 CrSatisfied
05 Jul 199990132703I.D.B.I. Bank Ltd.₹1.75 CrSatisfied
17 Apr 199990135870State Bank of India₹3.27 CrSatisfied
13 Nov 199790132509I.D.B.I. Bank Ltd.₹5 CrSatisfied

To see the full charge records of String Metaverse Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for String Metaverse Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

String Metaverse has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of String Metaverse Limited, buy the company report.

Recent activity

String Metaverse Limited has 45 board changes on record since 2008: 17 appointments and 28 cessations. The latest: Sethurathnam Ravi was appointed as Additional Director on 02 Jun 2026.

Appointed
Sethurathnam Ravi was appointed as Additional Director.
Filing
String Metaverse Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Hyderabad.
Appointed
Amar Kumar was appointed as Additional Director.
Appointed
Hemant Vastani was appointed as CFO.
AGM
String Metaverse Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Ceased
Amar Kumar ceased to be Additional Director.
Ceased
Meenavalli Krishna Mohan ceased to be CFO.
Appointed
Raghavendra Pranesh Hunasgi was appointed as CEO.
Ceased
Sai Santosh Althuru ceased to be CEO.
Ceased
Hemant Vastani ceased to be Additional Director.
Ceased
Prathipati Parthasarathi ceased to be Additional Director.
Appointed
Chowda Medam Reddy was appointed as Company Secretary.

49 earlier events are in the company report.

Frequently asked questions

String Metaverse is an active public limited company based in Hyderabad, Telangana, India. The company works in paper and paper products, within the wood industry. It was incorporated on 17 March 1994 (32+ years old) and is registered under CIN L62099TG1994PLC017207. Listed on BSE: 534535.

String Metaverse reported revenue of ₹1,069.11 Cr for FY 2025-26 (up 162.4% YoY) based on consolidated financials.

String Metaverse has 11 current directors:

The latest financial statements of String Metaverse on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

No. String Metaverse has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of String Metaverse is L62099TG1994PLC017207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. String Metaverse is a listed company as per MCA records. Its shares are listed on BSE (code: 534535).

String Metaverse has 30 court cases on record: 10 filed by the company and 20 filed against it. Most are in the high courts.

String Metaverse was incorporated on 17 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of String Metaverse by revenue are Mastek Enterprise Solutions Private Limited, Xeam Ventures Private Limited, PC Solutions Private Limited, Orion India Systems Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Sethurathnam Ravi was appointed as Additional Director on 02 Jun 2026. Amar Kumar was appointed as Additional Director on 07 Nov 2025. Hemant Vastani was appointed as CFO on 01 Oct 2025. String Metaverse has 45 board changes on record in total.