India's Richest People 2026 edition · 1 director · Source: Hurun India
- #974 P. Srinivas Reddy & family ₹2,900 Cr
Qnext Stone Products Private Limited
Qnext Stone Products Private Limited - musical instruments in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Active Private Limited Company musical instruments
Revenue · FY 2024
₹1.44 Cr
▼ 2% YoY
Net profit · FY 2024
₹6.09 Lakh
Net margin 4.2%
EBITDA · FY 2024
₹10.62 Lakh
EBITDA margin 7.4%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹2 Cr
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Qnext Stone Products Private Limited
Data last updated:
Qnext Stone Products Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the musical instrument segment of the musical instruments sector. It was incorporated on 18 December 2015 and has been in existence for over 11 years.
Its director P. Srinivas Reddy and family are #974 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74120TG2015PTC102308. Its GSTIN is 36AAACQ4071A2ZV (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors Parvat Srinivas Reddy and Samantha Reddy Parvathreddy.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H No. 6 – 3 – 668/10/35 Durganagar Colony Panjagutta, Hyderabad, Telangana, India – 500082.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹6.09 Lakh (net margin 4.2%) and EBITDA of ₹10.62 Lakh (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹2 Cr on record. The company has 1 deal on record (1 debt financing), with disclosed funding of ₹2 Cr; the latest was in November 2019.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74120TG2015PTC102308
Registration Number 102308
Incorporation Date 18 December 2015
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Recognitions & Rankings of Qnext Stone Products
Contact details
Qnext Stone Products Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH No. 6 – 3 – 668/10/35 Durganagar Colony Panjagutta, Hyderabad, Telangana, India – 500082
- IndustryMusical Instruments, Musical Instrument, Manufacturing, Sports Goods, Jewellery
To see the full contact details of Qnext Stone Products Private Limited, buy the company report.
Comprehensive company report
Qnext Stone Products 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
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Financials of Qnext Stone Products Private Limited
FY 2025 filings availableQnext Stone Products Private Limited reported revenue of ₹1.44 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹1.44 Cr ▼ 2%
Net profit · FY 2024
₹6.09 Lakh margin 4.2%
EBITDA · FY 2024
₹10.62 Lakh margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 41%
3 years · compounded
▼ 53%
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 41% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.09 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Qnext Stone Products Private Limited, buy the company report.
Board of directors of Qnext Stone Products Private Limited
Qnext Stone Products has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parvat Srinivas Reddy | Director | 18 Dec 2015 | 10 Years 10 Months | Current |
| Samantha Reddy Parvathreddy Also directs: Quartzkraft LLP, Ravileela Granites Limited, B2b Software Technologies Limited and 1 more | Director | 18 Dec 2015 | 10 Years 10 Months | Current |
Auditor
Qnext Stone Products Private Limited is audited by S SURESH BABU&CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SURESH BABU&CO | FY 2023 | 013585S |
Shareholding
The shareholding of Qnext Stone Products 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Qnext Stone Products Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2019 | 100318238 | Canara Bank | ₹30 Cr | Open | |
| 05 Nov 2019 | 100309800 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Qnext Stone Products Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Qnext Stone Products Private Limited has 1 deal on record (1 debt financing), with disclosed funding of ₹2 Cr; the latest was in November 2019.
Total deals
1
Debt financing
1
Disclosed funding
₹2 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Debt financing | ₹2 Cr | Investors: Blacksoil Group |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Qnext Stone Products Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Qnext Stone Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Qnext Stone Products has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAACQ4071A2ZV | Telangana | Active | 05 Jan 2019 |
To see the full GST registrations and return filing status of Qnext Stone Products Private Limited, buy the company report.
Recent activity
Qnext Stone Products Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Konduri Nandakumar ceased to be Additional Director on 14 Feb 2019.
Charges
A charge registered on 05 Nov 2019 via Charge ID 100309800 with Others was fully satisfied on 04 Dec 2025.
AGM
Qnext Stone Products Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Qnext Stone Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Canara Bank amounted to Rs. 3,000.00 Lakh with Charge ID 100318238 was registered on 31 Dec 2019.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100309800 was registered on 05 Nov 2019.
Ceased
Konduri Nandakumar ceased to be Additional Director.
Ceased
Musaligari Mohan Reddy ceased to be Additional Director.
Ceased
Sreeramakrishna Grandhi ceased to be Additional Director.
Appointed
Parvat Srinivas Reddy was appointed as Director.
Appointed
Samantha Reddy Parvathreddy was appointed as Director.
Incorporation
18 Dec 2015
Qnext Stone Products Private Limited was registered on 18 Dec 2015 with Roc Hyderabad & aged 10 years 10 months as per MCA records.
Frequently asked questions
Qnext Stone Products is an active private limited company based in Hyderabad, Telangana, India. The company works in musical instrument, within the musical instruments industry. It was incorporated on 18 December 2015 (11+ years old) and is registered under CIN U74120TG2015PTC102308.
Qnext Stone Products has 2 current directors:
- Parvat Srinivas Reddy - Director
- Samantha Reddy Parvathreddy - Director
The latest financial statements of Qnext Stone Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Qnext Stone Products is 36AAACQ4071A2ZV, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Qnext Stone Products is U74120TG2015PTC102308. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qnext Stone Products was incorporated on 18 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Qnext Stone Products has 1 deal on record (1 debt financing), with disclosed funding of ₹2 Cr; the latest was in November 2019.
Konduri Nandakumar ceased to be Additional Director on 14 Feb 2019. Musaligari Mohan Reddy ceased to be Additional Director on 14 Feb 2019. Sreeramakrishna Grandhi ceased to be Additional Director on 14 Feb 2019. Qnext Stone Products has 5 board changes on record in total.
The registered office of Qnext Stone Products is at H No. 6 – 3 – 6681035 Durganagar Colony Panjagutta, Hyderabad, Telangana, India – 500082.
Qnext Stone Products operates in the musical instruments industry, in the musical instrument segment.
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