Stainless Metalex India Private Limited
About Stainless Metalex India Private Limited
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Stainless Metalex India Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51410MH2004PTC145350. Its GSTIN is 27AACCT0199A1ZL (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Trisons Metalex Private Limited. It is led by directors Kamlesh Manohar Kanungo and Anil Babulal Lalwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor Apsara Cinema Bldg Dr. D B Marg Grant Road East, Mumbai, Maharashtra, India – 400007.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.33 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹1.01 Cr (net margin 30.3%) and EBITDA of ₹3.08 Cr (EBITDA margin 92.6%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹185 Cr and satisfied charges of ₹670 Cr on record. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Stainless Metalex India Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Apsara Cinema Bldg Dr. D B Marg Grant Road East, Mumbai, Maharashtra, India – 400007
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Stainless Metalex India Private 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
Financials of Stainless Metalex India Private Limited
FY 2024 filings availableStainless Metalex India Private Limited reported revenue of ₹3.33 Cr (up 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 80% growth in the latest year. EBITDA rose 137% 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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| Total Expenses | |||||
| EBITDA | ₹3.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.01 Cr | ||||
| Balance Sheet | |||||
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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 | 92.6% | ||||
| Net Profit Margin | 30.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Stainless Metalex India Private Limited, buy the company report.
Board of directors of Stainless Metalex India Private Limited
Stainless Metalex India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Manohar Kanungo | Director | 03 May 2021 | 5 Years 6 Months | Current |
| Anil Babulal Lalwani Also directs: Sikkim Ferro Alloys Limited, Gorlas Techno Space Limited, Prakash Plastics Private Limited and 5 more | Director | 14 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Stainless Metalex India Private Limited is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balaji Accu-Preci Parts Private Limited | ₹3.36 Cr (FY 2025) | 33.0% | Solapur, Maharashtra, India | |||
| Habor Paul International Private Limited | ₹3.35 Cr (FY 2025) | -69.0% | Hyderabad, Telangana, India | |||
| Ravindra Ferromet Private Limited | ₹3.35 Cr (FY 2025) | -86.0% | Mumbai, Maharashtra, India | |||
| Mahipal Ceramics Pvt Ltd | ₹3.35 Cr (FY 2025) | -44.0% | Hisar, Haryana, India | |||
| Netrix Impex Private Limited | ₹3.34 Cr (FY 2023) | -82.0% | Gwalior, Madhya Pradesh, India | |||
| Stainless Metalex India Private Limitedthis company | ₹3.33 Cr (FY 2025) | ₹1.01 Cr | 30.3% | 80.0% | Mumbai, Maharashtra, India | |
| Westend Foundry Private Limited | ₹3.31 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| BCPL Conductors Private Limited | ₹3.3 Cr (FY 2025) | 1042.0% | Tiswadi, Goa, India | |||
| Alliance Fabtech Private Limited | ₹3.3 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Sinbro Commercial Pvt. Ltd. | ₹3.28 Cr (FY 2024) | -15.0% | Kolkata, West Bengal, India | |||
| Evstruct Infratech Private Limited | ₹3.27 Cr (FY 2025) | Khed, Maharashtra, India |
To see the full peer comparison of Stainless Metalex India Private Limited, buy the company report.
Auditor
Stainless Metalex India Private Limited is audited by PRANAV BOTHRA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRANAV BOTHRA & CO | FY 2023 | 139064W |
Shareholding
The shareholding of Stainless Metalex 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 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Stainless Metalex India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2014 | 10488625 | Idbi Trusteeship Services Limited | ₹450 Cr | Satisfied | |
| 27 Jan 2012 | 10336527 | Union Bank of India | ₹30 Cr | Satisfied | |
| 27 Jan 2012 | 10336521 | Union Bank of India | ₹50 Cr | Satisfied | |
| 14 Feb 2011 | 10273687 | State Bank of India | ₹35 Cr | Satisfied | |
| 30 Dec 2010 | 10264508 | Union Bank of India | ₹105 Cr | Satisfied |
To see the full charge records of Stainless Metalex India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Stainless Metalex India Private Limited has 5 court cases on record: 1 filed by Stainless Metalex India, 4 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Lakshmi Vilas Bank Limited Th. Sudhir Kaushik | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Police cases PW) | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against The State of Maharashtra Through Eow | Disposed |
To see the full case history of Stainless Metalex 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
No delayed payments to MSME suppliers are on our record for Stainless Metalex India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stainless Metalex India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT0199A1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stainless Metalex India Private Limited, buy the company report.
Recent activity
Stainless Metalex India Private Limited has 9 board changes on record since 2004: 2 appointments and 7 cessations. The latest: Anil Babulal Lalwani was appointed as Director on 14 Aug 2025.
13 earlier events are in the company report.
Frequently asked questions
Stainless Metalex India is an active private limited company based in Mumbai, Maharashtra, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 March 2004 (22+ years old) and is registered under CIN U51410MH2004PTC145350.
Stainless Metalex India has 2 current directors:
- Kamlesh Manohar Kanungo - Director
- Anil Babulal Lalwani - Director
The latest financial statements of Stainless Metalex India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Stainless Metalex India is 27AACCT0199A1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Stainless Metalex India is U51410MH2004PTC145350. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stainless Metalex India has 5 court cases on record: 1 filed by the company and 4 filed against it. 3 are pending.
Stainless Metalex India was incorporated on 26 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Stainless Metalex India by revenue are Balaji Accu-Preci Parts Private Limited, Habor Paul International Private Limited, Ravindra Ferromet Private Limited, Mahipal Ceramics Pvt Ltd, Netrix Impex Private Limited and 5 more, all in the Metals and Minerals industry (Metals).
Anil Babulal Lalwani was appointed as Director on 14 Aug 2025. Kamlesh Manohar Kanungo was appointed as Director on 03 May 2021. Prerak Babulal Lalwani ceased to be Director on 03 May 2021. Stainless Metalex India has 9 board changes on record in total.
The registered office of Stainless Metalex India is at 2nd Floor Apsara Cinema Bldg Dr. D B Marg Grant Road East, Mumbai, Maharashtra, India – 400007.
Stainless Metalex India operates in the metals and minerals industry, in the metal manufacturing and processing segment.
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