Fortune MNC 500 India 2026 edition
Rank#289- Total income
- ₹1,991 Cr
- Profit
- ₹150 Cr
Last year #291
Stanley Black & Decker India Private Limited - machinery and equipment in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1,634.1 Cr
▲ 15% YoY
Net profit · FY 2024
₹135.7 Cr
Net margin 8.3%
EBITDA · FY 2024
₹213.5 Cr
EBITDA margin 13.1%
Authorised capital
₹190 Cr
Registered with MCA
Paid-up capital
₹65.1 Cr
Issued & subscribed
Satisfied charges
₹25.75 Cr
No open charges
Company age
33 yrs
Est. 1993
Employees · EPFO
633
Provident fund records
About Stanley Black & Decker India Private Limited
Data last updated:
Stanley Black & Decker India Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Black & Decker Holdings B.V.. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 31 December 1993 and has been in existence for over 33 years.
Stanley Black and Decker India is ranked #289 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U28991PN1993PTC148186. Its GSTIN is 27AAACB4681R1Z3 (Maharashtra). The company holds 9 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹190 Cr and a paid-up capital of ₹65.1 Cr. It was formerly known as Black & Decker Bajaj Limited and Bajaj Ventures Limited. It is led by directors Sunil Krishnamurthy and Radhesh Chandra Verma.
Its last annual general meeting (AGM) was held on 10 October 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gat No 135 136 137 And 157 Mahalunge Chakan – Talegaon Road Chakan, Pune, Maharashtra, India – 410501.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,634.1 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹135.7 Cr (net margin 8.3%) and EBITDA of ₹213.5 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years.
The company has about 633 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Stanley Black & Decker. As per MCA filings, the company has satisfied charges of ₹25.75 Cr on record. Court records list 171 cases involving the company, including 157 filed by the company and 15 filed against it; 32 cases are pending. The company has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹87.1 Cr; the latest was in September 2018. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 4,597 overdue payments to 185 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 stanleyblackanddecker.com.
Company details
CIN U28991PN1993PTC148186
Registration Number 148186
Incorporation Date 31 December 1993
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 October 2024
Date of Balance Sheet 31 March 2024
Parent Company Black & Decker Holdings B.V.
Compliance Status Active Compliant
Name history
Stanley Black & Decker India has undergone 4 name changes throughout its history. The current legal name is Stanley Black & Decker India Private Limited.
| Company Name | Status |
|---|---|
| Stanley Black & Decker India Private Limited | Current |
| Black & Decker Bajaj Limited | Previous |
| Bajaj Ventures Limited | Previous |
| Stanley Black & Decker India Limited | Previous |
| Black & Decker Bajaj Private Limited | Previous |
CIN history
Stanley Black & Decker India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28991PN1993PTC148186, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28991PN1993PTC148186 | Current |
| U28991MH1993PLC075870 | Previous |
| U28991PN1993PLC148186 | Previous |
Recognitions & Rankings of Stanley Black & Decker India
Contact details
Stanley Black & Decker India Private Limited's registered office is in Pune, Maharashtra. Its website is stanleyblackanddecker.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGat No 135 136 137 And 157 Mahalunge Chakan – Talegaon Road Chakan, Pune, Maharashtra, India – 410501
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Stanley Black & Decker India Private Limited, buy the company report.
Comprehensive company report
Stanley Black & Decker India Private 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
Brands
Stanley Black & Decker India operates one associated brand: Stanley Black & Decker. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial tools and household hardware are manufactured. | stanleyblackanddecker.com |
Business activity
The main business activities of Stanley Black & Decker India are trade, manufacturing and professional, scientific and technical. In detail, this covers wholesale trading, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Stanley Black & Decker India Private Limited, buy the company report.
Financials of Stanley Black & Decker India Private Limited
FY 2024 filings availableStanley Black & Decker India Private Limited reported revenue of ₹1,634.1 Cr (up 15% YoY) for FY 2024.
Revenue · FY 2024
₹1,634.1 Cr ▲ 15%
Net profit · FY 2024
₹135.7 Cr margin 8.3%
EBITDA · FY 2024
₹213.5 Cr margin 13.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 28%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 34%
Revenue has grown at a compounded annual rate (CAGR) of 28% over three years, including 15% growth in the latest year. EBITDA rose 43% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹213.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹135.7 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 8.3% | ||||
| 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 Stanley Black & Decker India Private Limited, buy the company report.
Board of directors of Stanley Black & Decker India Private Limited
Stanley Black & Decker India has 2 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Krishnamurthy | Director | 13 Jun 2016 | 10 Years 4 Months | Current |
| Radhesh Chandra Verma | Director | 23 Feb 2017 | 9 Years 8 Months | Current |
Auditor
Stanley Black & Decker India Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Stanley Black & Decker India Private 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Stanley Black & Decker India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹25.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2003 | 90167153 | Syndicate Bank . | ₹5.5 Cr | Satisfied | |
| 24 Nov 2003 | 90164412 | Syndicate Bank . | ₹3 Cr | Satisfied | |
| 19 Dec 2002 | 90166919 | Housing Development Finance Corp. Ltd. | ₹5.5 Cr | Satisfied | |
| 13 Apr 2000 | 90164020 | Syndicate Bank . | ₹2 Cr | Satisfied | |
| 28 Dec 1995 | 90166417 | The Honkong and Shanghai Bank Corp. Ltd. | ₹5.25 Cr | Satisfied |
To see the full charge records of Stanley Black & Decker India Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Stanley Black & Decker India Private Limited has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹87.1 Cr; the latest was in September 2018.
Total deals
8
Secondary share transfers
4
Funding rounds
3
Rights issue
1
Disclosed funding
₹87.1 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Black And Decker Holdings Bv Seller: Black and Decker NL BV |
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Bajaj Electricals Limited |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Black And Decker Holdings Bv, Black And Decker Holdings Bv And Harinath Krishnamurthy, Black and Decker Holdings BV and Arjun Anand Seller: Baroda Industries Private Limited , Bajaj Electricals Limited , Bajaj Electricals Limited and Krishna R. Mandke |
| Mar 2012 | Rights issue | ₹15 Cr | Investors: Bajaj Electricals Limited , Baroda Industries Private Limited |
| Mar 2006 | Funding round | ₹15 Cr | Investors: Bajaj Electricals Limited , Baroda Industries Private Limited , Bajaj Electricals Limited and Shekhar Ramakrishna Bajaj |
To see the full deal history of Stanley Black & Decker India Private 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
Stanley Black & Decker India Private Limited has 171 court cases on record: 157 filed by Stanley Black & Decker India, 15 filed against it. 32 cases are pending and 139 are disposed.
Total cases
171
Filed by the company
157
Filed against the company
15
Pending
32
Disposed
139
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 160 | 9 | 31 |
| High courts | 10 | 5 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 171)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against Bic Enterprises Pvt Ltd | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S Shri Shamlaji Sales Pvt Ltd., | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-PWA) | Filed against the company by Stanley Black and Decker India Pvt. Ltd. | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.-PWA) | Filed by the company against Stanley Black and Decker India Pvt. Ltd. | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed by the company against M/S Shri Shamlaji Sales Pvt Ltd., | Disposed |
To see the full case history of Stanley Black & Decker India 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
Stanley Black & Decker India Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 4,597 overdue payments to 185 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 185)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Selwel Enterprises Private Limited | |||
| Shiv Forgings | |||
| Samyak (India) Private Limited | |||
| Round the Clock Logistics Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Stanley Black & Decker India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Stanley Black & Decker India Private Limited has a workforce of 633 employees on its EPFO records as of Apr 01, 2024, across 2 active EPFO establishments.
Employee count
633
Active EPFO establishments
2
Employee growth
-0.16%
GST
Stanley Black & Decker India has 9 GST registrations: 6 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
6
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACB4681R1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 29AAACB4681R1ZZ | Karnataka | Active | 01 Jul 2017 |
| 36AAACB4681R1Z4 | Telangana | Active | 10 Sep 2018 |
| 19AAACB4681R1Z0 | West Bengal | Active | 24 Apr 2019 |
To see the full GST registrations and return filing status of Stanley Black & Decker India Private Limited, buy the company report.
Recent activity
Stanley Black & Decker India Private Limited has 22 board changes on record since 2008: 2 appointments and 20 cessations. The latest: Shreyas Kumar Manjunath ceased to be Additional Director on 30 Nov 2019.
AGM
Stanley Black & Decker India Private Limited last Annual general meeting of members was held on 10 Oct 2024 as per latest MCA records.
Filing
Stanley Black & Decker India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Shreyas Kumar Manjunath ceased to be Additional Director.
Ceased
Radhesh Chandra Verma ceased to be Managing Director.
Ceased
Ashish Kumar Sinha ceased to be Director.
Ceased
Vandana Gupta ceased to be Company Secretary.
Ceased
Dharapuram Srinivasan Sethumadhavan ceased to be Managing Director.
Appointed
Radhesh Chandra Verma was appointed as Director.
Ceased
Milind Raghunath Awalgaonkar ceased to be Additional Director.
Ceased
Sunil Krishnamurthy ceased to be Additional Director.
Appointed
Sunil Krishnamurthy was appointed as Director.
Ceased
Ben S Sihota ceased to be Director.
27 earlier events are in the company report.
News
Frequently asked questions
Stanley Black & Decker India is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 31 December 1993 (33+ years old) and is registered under CIN U28991PN1993PTC148186.
Stanley Black & Decker India has 2 current directors:
- Sunil Krishnamurthy - Director
- Radhesh Chandra Verma - Director
The latest financial statements of Stanley Black & Decker India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 October 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Stanley Black & Decker India is 27AAACB4681R1Z3, registered in Maharashtra. The company has 9 GST registrations in all, of which 6 are active and 3 are cancelled or inactive. Other active GSTINs include 29AAACB4681R1ZZ (Karnataka), 36AAACB4681R1Z4 (Telangana), 19AAACB4681R1Z0 (West Bengal).
The CIN (Corporate Identification Number) of Stanley Black & Decker India is U28991PN1993PTC148186. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stanley Black & Decker India has 171 court cases on record: 157 filed by the company and 15 filed against it. 32 are pending. Most are in the district courts.
Stanley Black & Decker India was incorporated on 31 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
Stanley Black & Decker India has 8 deals on record (4 secondary share transfers, 3 funding rounds, 1 rights issue), with disclosed funding of ₹87.1 Cr; the latest was in September 2018.
Shreyas Kumar Manjunath ceased to be Additional Director on 30 Nov 2019. Radhesh Chandra Verma ceased to be Managing Director on 09 Nov 2019. Ashish Kumar Sinha ceased to be Director on 14 Jun 2019. Stanley Black & Decker India has 22 board changes on record in total.
Stanley Black & Decker India has 15 MSME Form 1 returns on record between 2019 and 2024, listing 4,597 overdue payments to 185 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Stanley Black & Decker India can be reached through the website stanleyblackanddecker.com. Its registered office is in Pune, Maharashtra, India.
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