
About Goldstone Cements Limited
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Goldstone Cements Limited is a public limited company based in Khliehriat, Meghalaya, India. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 26 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN U26940ML2007PLC008298. Its GSTIN is 17AADCG2870Q1Z3 (Meghalaya). The company holds 8 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹77.5 Cr. It is led by directors including Vishal Jain (Managing Director) and Avishek Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 05 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vill Musiang Lamare (Old) Khliehriat, Meghalaya, India – 793200.
As per the financials filed for FY 2026, the company reported a revenue of ₹524.05 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹12.57 Cr (net margin 2.4%) and EBITDA of ₹70.17 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 12% over five years.
The company has about 356 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Blacktigercement. As per MCA filings, the company has open charges of ₹271.54 Cr and satisfied charges of ₹760.73 Cr on record. Court records list 78 cases involving the company, including 62 filed by the company and 16 filed against it; 37 cases are pending. The company has 11 deals on record (5 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹158.81 Cr; the latest was in May 2024. The company has 28 MSME Form 1 returns on record between 2018 and 2024, listing 577 overdue payments to 143 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 blacktigercement.com.
Company details
Contact details
Goldstone Cements Limited's registered office is in Khliehriat, Meghalaya. Its website is blacktigercement.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVill Musiang Lamare (Old) Khliehriat, Meghalaya, India – 793200
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Goldstone Cements 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
Goldstone Cements operates one associated brand: Blacktigercement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and supplies cement products for industrial and construction needs in North East India. | blacktigercement.com |
Business activity
The main business activity of Goldstone Cements is manufacturing. In detail, this covers manufacture of other non-metallic mineral products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 23 | Manufacture of other non-metallic mineral products |
To see the full business activity and turnover split of Goldstone Cements Limited, buy the company report.
Financials of Goldstone Cements Limited
FY 2026 filings availableGoldstone Cements Limited reported revenue of ₹524.05 Cr (down 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 12% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹524.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹70.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.57 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 2.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Goldstone Cements Limited, buy the company report.
Board of directors and KMP of Goldstone Cements Limited
Goldstone Cements Limited currently reports 7 directors and 1 key managerial person. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avishek Jain Also directs: Arihant Sugar Private Limited, Black Tiger Cement Industries Limited, Lalit Projects Private Limited and 5 more | Whole-Time Director | 24 Jan 2008 | 18 Years 9 Months | Current |
| Balentine Shylla | Director | 24 Jan 2008 | 18 Years 9 Months | Current |
| Shweta Sethi | Whole-Time Director | 18 Mar 2019 | 7 Years 7 Months | Current |
| Shrishti Jain Also directs: U F M Industries Limited | Director | 30 Nov 2016 | 9 Years 11 Months | Current |
| Plistina Dkhar Also directs: Star Cement Limited | Director | 19 Jan 2018 | 8 Years 9 Months | Current |
| Vishal Jain | Managing Director | 01 Jun 2016 | 10 Years 5 Months | Current |
Auditor
Goldstone Cements Limited is audited by DOKANIA SHARMA DUTTA & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DOKANIA SHARMA DUTTA & CO. | FY 2026 | 500156N |
Shareholding
The shareholding of Goldstone Cements Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goldstone Cements Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2025 | 101102135 | Others | ₹1.01 Cr | Open | |
| 28 Feb 2025 | 101057085 | Others | ₹27.08 Lakh | Open | |
| 06 Feb 2025 | 101055534 | Others | ₹1.42 Cr | Open | |
| 13 Aug 2024 | 100970553 | Others | ₹24 Lakh | Open | |
| 13 Aug 2024 | 100970019 | Others | ₹52.72 Lakh | Open |
To see the full charge records of Goldstone Cements Limited, buy the company report.
Total charge records: 51 View all charges
Deals & funding
Goldstone Cements Limited has 11 deals on record (5 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹158.81 Cr; the latest was in May 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2024 | Rights issue | ₹89.16 Cr | Investors: Shantidham Marketing Private Limited , Hari Trafin Pvt.Ltd. , Bonus Dealers Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Galore Suppliers Pvt Ltd , Oleander Manufacturers and Credit Ltd , Bakra Pratishthan Limited |
| Jun 2016 | Rights issue | ₹77.77 Cr | Investors: Shantidham Marketing Private Limited , Hari Trafin Pvt.Ltd. , U F M Industries Limited |
| Apr 2016 | Secondary share transfer | Undisclosed | Buyer: Shantidham Marketing Private Limited , United Commercial Company, Vishal Jain Huf, an individual Seller: Captain Steel Trading Private Limited , Prefer Infrastructure Private Limited , an individual |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Arbitrage Securities Private Limited , Orchid Finlease Private Limited Seller: Godavari Vincom Private Limited , Lalit Projects Private Limited |
To see the full deal history of Goldstone Cements 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
Goldstone Cements Limited has 78 court cases on record: 62 filed by Goldstone Cements, 16 filed against it. 37 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 62 | 6 | 34 |
| High courts | 13 | 8 | 2 |
| NCLT | 2 | 2 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 78)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MEGHALAYA | Court case (Crl.Petn.) | Filed against the company by M/S Shree R.N. Metals (India) Pvt. Ltd. and Anr. | Disposed |
| District court, Kamrup Metro, Assam | Court case (Motor Vehicle Act) | Filed against the company by State of Assam | Pending |
| District court, Kamrup Metro, Assam | Revision petition | Filed by the company against an individual | Pending |
| District court, Kamrup Metro, Assam | Court case (N I Act) | Filed by the company against an individual | Pending |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Goldstone Cements 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
Goldstone Cements Limited was last rated by Brickwork on 14 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 14 Jun 2022 |
To see the full credit ratings and regulatory alerts of Goldstone Cements Limited, buy the company report.
MSME payment delays
Goldstone Cements Limited has 28 MSME Form 1 returns on record between 2018 and 2024, listing 577 overdue payments to 143 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 143)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Goldstone Cements Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Goldstone Cements Limited has a workforce of 356 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 356 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Goldstone Cements Limited, buy the company report.
GST
Goldstone Cements has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 17AADCG2870Q1Z3 | Meghalaya | Active | 01 Jul 2017 |
| 18AADCG2870Q1Z1 | Assam | Active | 01 Jul 2017 |
| 19AADCG2870Q2ZY | West Bengal | Active | 25 Aug 2017 |
| 16AADCG2870Q1Z5 | Tripura | Active | 30 Aug 2017 |
To see the full GST registrations and return filing status of Goldstone Cements Limited, buy the company report.
Recent activity
Goldstone Cements Limited has 23 board changes on record since 2008: 8 appointments and 15 cessations. The latest: Dilip Kumar Agarwal ceased to be CFO on 03 Oct 2024.
103 earlier events are in the company report.
Frequently asked questions
Goldstone Cements is an active public limited company based in Khliehriat, Meghalaya, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 26 December 2007 (19+ years old) and is registered under CIN U26940ML2007PLC008298.
Goldstone Cements has 8 current directors and KMP:
- Vishal Jain - Managing Director
- Avishek Jain - Whole-Time Director
- Shweta Sethi - Whole-Time Director
- Balentine Shylla - Director
- Shrishti Jain - Director
- Plistina Dkhar - Director
- Vivek Agarwal - Director
- Priyanka Pandey - Company Secretary
The latest financial statements of Goldstone Cements on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 05 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Goldstone Cements is 17AADCG2870Q1Z3, registered in Meghalaya. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 18AADCG2870Q1Z1 (Assam), 19AADCG2870Q2ZY (West Bengal), 16AADCG2870Q1Z5 (Tripura).
The CIN (Corporate Identification Number) of Goldstone Cements is U26940ML2007PLC008298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goldstone Cements has 78 court cases on record: 62 filed by the company and 16 filed against it. 37 are pending. Most are in the district courts.
Goldstone Cements was incorporated on 26 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Guwahati.
Goldstone Cements has 11 deals on record (5 funding rounds, 3 rights issues, 3 secondary share transfers), with disclosed funding of ₹158.81 Cr; the latest was in May 2024.
Dilip Kumar Agarwal ceased to be CFO on 03 Oct 2024. Deepak More Kumar ceased to be Director on 23 Sep 2022. Prakash Kumar More ceased to be Director on 30 Sep 2019. Goldstone Cements has 23 board changes on record in total.
Goldstone Cements has 28 MSME Form 1 returns on record between 2018 and 2024, listing 577 overdue payments to 143 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Goldstone Cements can be reached through the website blacktigercement.com. Its registered office is in Khliehriat, Meghalaya, India.

