- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-03-0006953

About Fortune Stones Limited
Data last updated:
Fortune Stones Limited is a public limited company based in New Delhi, Delhi, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 05 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U26100DL1996PLC075205. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹4.99 Cr. It was formerly known as M. P. Fortune Mining Limited. It is led by directors including Nivedan Bharadwaj (Managing Director) and Kamla Bharadwaj (Whole-Time Director).
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 62 Second Floor Okhla Industrial Estate Phase – 3 New Delhi – 110020, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.01 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹12.89 Cr (net margin 13.7%) and EBITDA of ₹22.9 Cr (EBITDA margin 24.4%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 207 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Fortune Stones. As per MCA filings, the company has open charges of ₹32.95 Cr and satisfied charges of ₹70.03 Cr on record. Court records list 23 cases involving the company, including 17 filed by the company and 6 filed against it; 4 cases are pending. The company has 6 deals on record (6 secondary share transfers); the latest was in February 2019.
Fortune Stones Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0006953). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortunestones.com.
Company details
CIN history
Fortune Stones has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U26100DL1996PLC075205, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26100DL1996PLC075205 | Current |
| U40100DL1996PLC075205 | Previous |
| U26922DL1996PLC075205 | Previous |
Recognitions & Rankings of Fortune Stones
Contact details
Fortune Stones Limited's registered office is in New Delhi, Delhi. Its website is fortunestones.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 62 Second Floor Okhla Industrial Estate Phase – 3 New Delhi – 110020, Delhi, India – 110020
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Fortune Stones 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
Brands
Fortune Stones operates one associated brand: Fortune Stones. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Building materials are supplied for construction needs in India. | fortunestones.com |
Business activity
The main business activity of Fortune Stones is mining and quarrying. In detail, this covers other mining & quarrying activities and mining support services activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B4 | Other Mining & Quarrying Activities | |
| B | Mining and quarrying | B5 | Mining Support Services activities |
To see the full business activity and turnover split of Fortune Stones Limited, buy the company report.
Financials of Fortune Stones Limited
FY 2025 filings availableFortune Stones Limited reported revenue of ₹94.01 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 13% fall in the latest year. EBITDA fell 13% 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 | ₹22.9 Cr | ||||
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| Net Profit (PAT) | ₹12.89 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.4% | ||||
| Net Profit Margin | 13.7% | ||||
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To see the full financial statements and ratios of Fortune Stones Limited, buy the company report.
Board of directors of Fortune Stones Limited
Fortune Stones has 9 current directors and 22 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamla Bharadwaj | Whole-Time Director | 30 Sep 2011 | 15 Years 1 Months | Current |
| Ruchika Bharadwaj | Director | 30 Sep 2011 | 15 Years 1 Months | Current |
| Shubhra Banerjee | Director | 18 Nov 2022 | 3 Years 11 Months | Current |
| Nivedan Bharadwaj | Managing Director | 01 Sep 1996 | 30 Years 2 Months | Current |
| Sarika Jain Also directs: Fortune International Limited | Director | 30 Aug 2024 | 2 Years 2 Months | Current |
| Saurabh Pathak Also directs: Double Fortune Private Limited, P. S. Finmart Private Limited | Director | 22 Dec 2016 | 9 Years 10 Months | Current |
Auditor
Fortune Stones Limited is audited by D. Kothary & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. Kothary & Co | FY 2023 | 105335W |
Shareholding
The shareholding of Fortune Stones 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 Fortune Stones Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2021 | 100511571 | Others | ₹95 Lakh | Open | |
| 22 Mar 2014 | 10503938 | Others | ₹10 Cr | Open | |
| 29 Nov 2013 | 10467210 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 15 Apr 2013 | 10426267 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 08 Jul 2008 | 10114978 | Hdfc Bank Limited | ₹19 Cr | Open |
To see the full charge records of Fortune Stones Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
Fortune Stones Limited has 6 deals on record (6 secondary share transfers); the latest was in February 2019.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Fortune International Limited Seller: V B Desai Financial Services Ltd |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: V B Desai Financial Services Ltd Seller: New World Enterprises Inc |
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: V B Desai Financial Services Ltd Seller: Fortune Exports Private Limited |
| Jan 2017 | Secondary share transfer | Undisclosed | Buyer: V B Desai Financial Services Ltd Seller: Abhinav Engineers Pvt.Ltd. |
To see the full deal history of Fortune Stones Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Fortune Stones Limited has 23 court cases on record: 17 filed by Fortune Stones, 6 filed against it. 4 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 1 | 4 |
| Supreme Court | 5 | 3 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against M/S Kisan Minerals Pvt. Ltd. THR. Authroized Signatory Shri Manoj Kumar Saxena S/O Shri Shyam Bihar and 3 others | Pending |
| District court, Udaipur, Rajasthan | Cheque dishonour complaint | Filed by the company against Stone House India Pvt. Ltd. | Disposed |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against an individual | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against State of Madhya Pradesh THR. Its Principal Secretary and 2 others | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed by the company against Principal Secretary the State of Madhya Pradesh | Pending |
To see the full case history of Fortune Stones 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.
Credit ratings & regulatory alerts
Fortune Stones Limited was last rated by Care on 06 Apr 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Apr 2022 |
To see the full credit ratings and regulatory alerts of Fortune Stones Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fortune Stones Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Fortune Stones has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Fortune Stones Limited has a workforce of 207 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Fortune Stones has 4 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 Fortune Stones Limited, buy the company report.
Recent activity
Fortune Stones Limited has 31 board changes on record since 1996: 9 appointments and 22 cessations. The latest: Frank Noble Augustine was appointed as Nominee Director on 28 Jan 2025.
49 earlier events are in the company report.
Frequently asked questions
Fortune Stones is an active public limited company based in New Delhi, Delhi, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 05 January 1996 (30+ years old) and is registered under CIN U26100DL1996PLC075205.
Fortune Stones has 9 current directors:
- Nivedan Bharadwaj - Managing Director
- Kamla Bharadwaj - Whole-Time Director
- Ruchika Bharadwaj - Director
- Shubhra Banerjee - Director
- Sarika Jain - Director
- Saurabh Pathak - Director
- Atul Sharma - Nominee Director
- Rekha Shrivastava - Director
- Frank Noble Augustine - Nominee Director
The latest financial statements of Fortune Stones on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
No. Fortune Stones has 4 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Fortune Stones is U26100DL1996PLC075205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortune Stones has 23 court cases on record: 17 filed by the company and 6 filed against it. 4 are pending. Most are in the high courts.
Fortune Stones was incorporated on 05 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Fortune Stones has 6 deals on record (6 secondary share transfers); the latest was in February 2019.
Frank Noble Augustine was appointed as Nominee Director on 28 Jan 2025. Anurag Chaudhary ceased to be Nominee Director on 12 Nov 2024. Sarika Jain was appointed as Director on 30 Aug 2024. Fortune Stones has 31 board changes on record in total.
Yes, Fortune Stones is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-03-0006953).

