
About S.B and T International Limited
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S.B and T International Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 14 October 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U36911MH1986PLC041237. Its GSTIN is 27AAACS7275C1ZD (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹16.85 Cr. It is led by directors including Shrance Girish Sethi and Karan Jayesh Desai.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹8.9 Cr, a decline of 33% compared to the previous year. For the same year it recorded a net profit of ₹6.91 Lakh (net margin 0.8%) and EBITDA of ₹24.44 Lakh (EBITDA margin 2.7%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 19% over five years.
The company has about 42 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: SB&T International. As per MCA filings, the company has open charges of ₹72.65 Cr on record. Court records list 35 cases involving the company, including 17 filed by the company and 18 filed against it; 6 cases are pending. The company has 47 deals on record (47 market trades); the latest was in March 2014. Its 4 peer companies in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is PGD Goldcheck Private Limited with revenue of ₹9.01 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 20 overdue payments to 6 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 sbtindia.com.
Company details
CIN history
S.B and T International has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U36911MH1986PLC041237, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36911MH1986PLC041237 | Current |
| U36911MH1986PTC041237 | Previous |
| L36911MH1986PLC041237 | Previous |
Contact details
S.B and T International Limited's registered office is in Mumbai, Maharashtra. Its website is sbtindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address411 Options Primo, MIDC Cross Road No. 21 Andherii East, Mumbai, Maharashtra, India – 400093
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of S.B and T International 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
S.B and T International operates one associated brand: SB&T International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Studded jewellery products are manufactured and exported by SB&T International. | sbtindia.com |
Business activity
The main business activity of S.B and T International is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of S.B and T International Limited, buy the company report.
Financials of S.B and T International Limited
FY 2023 filings availableS.B and T International Limited reported revenue of ₹8.9 Cr (down 33% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 33% fall in the latest year. EBITDA fell 66% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹24.44 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.91 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of S.B and T International Limited, buy the company report.
Board of directors of S.B and T International Limited
S.B and T International has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Jayesh Desai Also directs: Sbandt Designs Limited | Additional Director | 14 Aug 2023 | 3 Years 2 Months | Current |
| Nupur Also directs: Sbandt Designs Limited, SRK Sports League LLP | Additional Director | 12 Aug 2023 | 3 Years 3 Months | Current |
| Shrance Girish Sethi Also directs: Sbandt Designs Limited | Director | 14 Jan 2013 | 13 Years 9 Months | Current |
Peer comparison
S.B and T International Limited is compared with the 4 companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PGD Goldcheck Private Limited | ₹9.01 Cr (FY 2016) | -91.0% | Mumbai, Maharashtra, India | |||
| Kar Jewellery House Private Limited | ₹8.94 Cr (FY 2025) | 37.0% | Kolkata, West Bengal, India | |||
| S.B and T International Limitedthis company | ₹8.9 Cr (FY 2023) | ₹6.91 Lakh | 0.8% | -33.0% | 42 | Mumbai, Maharashtra, India |
| Shree BSNM Jewellers Private Limited | ₹8.89 Cr (FY 2025) | 57.0% | Chennai, Tamil Nadu, India | |||
| Vilandi Jewels Private Limited | ₹8.84 Cr (FY 2025) | 55.0% | Delhi, India |
To see the full peer comparison of S.B and T International Limited, buy the company report.
Auditor
S.B and T International Limited is audited by J M GALA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J M GALA & CO. | FY 2022 | 137242W |
Shareholding
The shareholding of S.B and T International Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of S.B and T International Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2010 | 10206119 | Idbi Bank Limited | ₹5 Cr | Open | |
| 15 May 2009 | 10160945 | Union Bank of India Limited | ₹8.65 Cr | Open | |
| 08 Oct 2004 | 90225373 | The Federal Bank Ltd. | ₹2 Cr | Open | |
| 29 May 2001 | 90223256 | Uti Bank Ltd.; | ₹15 Cr | Open | |
| 02 Dec 1997 | 90224861 | Bharat Overseas Bank Limited | ₹10 Cr | Open |
To see the full charge records of S.B and T International Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
S.B and T International Limited has 47 deals on record (47 market trades); the latest was in March 2014.
Deals on record (5 of 47)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Market trade | ₹1.5 Lakh | Buyer: Zylog Commercial Private Limited Seller: Zodiac Tradelink Private Limited |
| Aug 2012 | Market trade | ₹5.6 Lakh | Buyer: L. S. G. Trading Private Limited Seller: an individual |
| Oct 2011 | Market trade | ₹14.1 Lakh | Buyer: Zodiac Tradelink Private Limited |
| Sep 2011 | Market trade | ₹28.6 Lakh | Buyer: Pranali Commodities Private Limited |
| Apr 2011 | Market trade | ₹15.1 Lakh | Buyer: M J Patel Share and Stock Brokers Limited |
To see the full deal history of S.B and T International 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
S.B and T International Limited has 35 court cases on record: 17 filed by S.B and T International, 18 filed against it. 6 cases are pending and 29 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 11 | 4 |
| District courts | 14 | 6 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Ms. Jayantilal Khandwala and Sons Private Ltd. and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by The Federal Bank Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by M/S. Jayantilal Khandwala and Sons Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against M/S. Jayantilal Khandwala and Sons Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed by the company against Jayantilal Khandwala and Sons Pvt. Ltd. | Disposed |
To see the full case history of S.B and T International 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
S.B and T International Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 20 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| BVC Brinks Diamond & Jewellery Services LLP | |||
| B V C Logistics Private Limited | |||
| Nuance Jewel Private Limited | |||
| an individual supplier | |||
| SRS Jewelkon India Private Limited |
To see the full MSME payment records of S.B and T International Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
S.B and T International has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mimansa Jewellery Private Limited | U36910MH2003PTC143418 | |
| Sbandt Designs Limited | U36911MH2004PLC149509 |
To see the full group structure of S.B and T International Limited, buy the company report.
Employees & EPFO
S.B and T International Limited has a workforce of 42 employees on its EPFO records as of Sep 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 42 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of S.B and T International Limited, buy the company report.
GST
S.B and T International has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7275C1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of S.B and T International Limited, buy the company report.
Recent activity
S.B and T International Limited has 17 board changes on record since 2006: 3 appointments and 14 cessations. The latest: Lakashmi Shankar Gautam ceased to be Additional Director on 04 Jan 2025.
21 earlier events are in the company report.
Frequently asked questions
S.B and T International is an active public limited company based in Mumbai, Maharashtra, India. The company works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 14 October 1986 (40+ years old) and is registered under CIN U36911MH1986PLC041237.
S.B and T International has 3 current directors:
- Karan Jayesh Desai - Additional Director
- Nupur - Additional Director
- Shrance Girish Sethi - Director
The latest financial statements of S.B and T International on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of S.B and T International is 27AAACS7275C1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of S.B and T International is U36911MH1986PLC041237. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
S.B and T International has 35 court cases on record: 17 filed by the company and 18 filed against it. 6 are pending. Most are in the high courts.
S.B and T International was incorporated on 14 October 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
S.B and T International has 47 deals on record (47 market trades); the latest was in March 2014.
The peers of S.B and T International by revenue are PGD Goldcheck Private Limited, Kar Jewellery House Private Limited, Shree BSNM Jewellers Private Limited, Vilandi Jewels Private Limited, all in the Consumer Products industry (Watches and Jewellery Manufacturers), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Lakashmi Shankar Gautam ceased to be Additional Director on 04 Jan 2025. Karan Jayesh Desai was appointed as Additional Director on 14 Aug 2023. Rajeev Chopra Babulal ceased to be CFO on 14 Aug 2023. S.B and T International has 17 board changes on record in total.
S.B and T International has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 20 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 Aug 2023.
S.B and T International can be reached through the website sbtindia.com. Its registered office is in Mumbai, Maharashtra, India.

