Stallion India Fluorochemicals Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L51410MH2002PLC137076 Incorporated 05 September 2002 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: STALLION · BSE: 544342 Public Limited Company chemicals and materials MSME · Medium
Data last updated
Market Cap
₹2,372 Cr
STALLION · NSE
Share Price
₹200.22
-2.00% today
Revenue
₹431 Cr
FY 2025-26 · +14.1% YoY
EBITDA
₹57.90 Cr
Margin 13.4%
Net Profit
₹43.84 Cr
FY 2025-26 · +35.7% YoY
P/E (TTM)
44.4x
P/B 3.4x
Authorised capital
₹130 Cr
Registered with MCA
Paid-up capital
₹116.09 Cr
Issued & subscribed

About Stallion India Fluorochemicals Limited

Data last updated:

Stallion India Fluorochemicals Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 05 September 2002 and has been in existence for over 24 years.

Its director Shazad Sheriar Rustomji and family are #1,277 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51410MH2002PLC137076. Its GSTIN is 27AAGCS6142L1Z0 (Maharashtra). The company holds 6 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 544342 and NSE: STALLION.

The company has an authorised share capital of ₹130 Cr and a paid-up capital of ₹116.09 Cr. It is led by directors including Shazad Sheriar Rustomji (Managing Director) and Manisha Shazad Rustomji.

Its last annual general meeting (AGM) was held on 21 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 2 A Wing Knox Plaza Off. Link Road Mindspace Malad – West, Mumbai, Maharashtra, India – 400064.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹430.68 Cr, a growth of 14.1% compared to the previous year. For the same year it recorded a net profit of ₹43.84 Cr (net margin 10.2%) and EBITDA of ₹57.9 Cr (EBITDA margin 13.4%). The net worth stands at ₹680.61 Cr (up 126.2% YoY). Total assets are valued at ₹715.62 Cr (up 135.7% YoY).

The company has about 8 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Stallion India Fluorochemicals. As per MCA filings, the company has open charges of ₹137 Cr and satisfied charges of ₹24 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 34 deals on record (28 market trades, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹39.46 Cr; the latest was in July 2026. Its 5 peer companies in the Chemicals industry (Industrial Gases), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 2 larger and 3 smaller; the largest is Air Water India Private Limited with revenue of ₹1,052.35 Cr.

Stallion India Fluorochemicals Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0013424). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stallion.in.

Company details

CIN L51410MH2002PLC137076
Registration Number 137076
Incorporation Date 05 September 2002
ROC Mumbai
Listing Status Listed - Listed on NSE (STALLION); Listed on BSE (544342)
Company Status Active
Date of Last AGM 21 September 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0013424

CIN history

Stallion India Fluorochemicals has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51410MH2002PLC137076, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L51410MH2002PLC137076Current
U51410MH2002PLC137076Previous
U51410MH2002PTC137076Previous

Recognitions & Rankings of Stallion India Fluorochemicals

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0013424

Contact details

Stallion India Fluorochemicals Limited's registered office is in Mumbai, Maharashtra. Its website is stallion.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    2 A Wing Knox Plaza Off. Link Road Mindspace Malad – West, Mumbai, Maharashtra, India – 400064
  • Industry
    Chemicals and Materials, Industrial Chemicals, Industrial & Specialty Gases

To see the full contact details of Stallion India Fluorochemicals Limited, buy the company report.

Comprehensive company report
Stallion India Fluorochemicals 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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Brands

Stallion India Fluorochemicals operates one associated brand: Stallion India Fluorochemicals. Each brand links to its own profile.

BrandDescriptionWebsite
Stallion India Fluorochemicals Ltd. is engaged in supplying fluorochemicals and related products.stallionfluorochemicals.com

Business activity

The main business activity of Stallion India Fluorochemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Stallion India Fluorochemicals Limited, buy the company report.

Financials of Stallion India Fluorochemicals Limited

FY 2025-26 filings available

Stallion India Fluorochemicals Limited reported revenue of ₹430.68 Cr (up 14.1% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹431 Cr
+14.1% YoY
EBITDA
₹57.90 Cr
+21.4% YoY
Profit After Tax
₹43.84 Cr
+35.7% YoY
Net Worth
₹681 Cr
+126.2% YoY
Total Assets
₹716 Cr
+135.7% YoY
Total Debt
₹34.48 Cr
+1318.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue431377233226186118
Revenue growth+14.1%+61.8%+3.4%+21.3%+57.6%-
EBITDA57.9047.7123.8615.0332.5413.82
EBITDA margin+13.4%+12.6%+10.2%+6.7%+17.5%+11.7%
Profit before tax58.9842.4121.5912.9630.0613.43
Net profit43.8432.3115.4811.5321.109.85
Net profit margin+10.2%+8.6%+6.6%+5.1%+11.4%+8.4%
EPS (₹)5.344.082.521.7717.238.04
Balance sheet
Total assets71630419189.2463.2749.78
Net worth68130112570.7161.0639.92
Total debt34.482.4365.3518.271.979.61
Cash & bank43475.0117.0715.291.773.22
Net working capital63928017671.9545.4531.30
Cash flow
Cash from operations39.36(13.43)(73.45)(2.81)7.99(8.39)
Cash from investing(253)(19.68)12.14(13.38)(0.80)(1.84)
Cash from financing36775.9176.4415.58(8.16)12.11
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12111010510611015285.1567.56
Revenue growth (YoY)+9.9%-27.4%+22.9%+56.3%+51.0%---
Other income3.231.301.880.190.071.590.000.42
Total expenses99.4193.6592.9689.9996.1813370.8465.62
EBITDA22.0416.3411.6915.5714.2918.7214.311.94
EBITDA margin+18.1%+14.9%+11.2%+14.7%+12.9%+12.4%+16.8%+2.9%
Depreciation0.390.600.300.290.290.300.300.29
Interest0.090.380.060.230.221.751.731.51
Profit before tax24.7916.6613.2115.2413.8518.2612.280.56
Tax6.225.732.083.823.504.992.51(0.31)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue12111010510611015285.1567.56
Revenue growth (YoY)+9.9%-27.4%+22.9%+56.3%+51.0%---
Other income3.231.301.880.190.071.590.000.42
Total expenses99.4193.6592.9689.9996.1813370.8465.62
EBITDA22.0416.3411.6915.5714.2918.7214.311.94
EBITDA margin+18.1%+14.9%+11.2%+14.7%+12.9%+12.4%+16.8%+2.9%
Depreciation0.390.600.300.290.290.300.300.29
Interest0.090.380.060.230.221.751.731.51
Profit before tax24.7916.6613.2115.2413.8518.2612.280.56
Tax6.225.732.083.823.504.992.51(0.31)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue431377233226186118
Revenue growth+14.1%+61.8%+3.4%+21.3%+57.6%-
Other income3.452.022.990.560.461.44
Total expenses373330209210153104
Employee cost0.008.601.911.431.311.06
EBITDA57.9047.7123.8615.0332.5413.82
EBITDA margin+13.4%+12.6%+10.2%+6.7%+17.5%+11.7%
Depreciation1.481.171.111.541.791.37
Interest0.896.154.151.091.150.46
Profit before tax58.9842.4121.5912.9630.0613.43
Tax15.1410.106.113.228.963.58
Net profit43.8432.3115.4811.5321.109.85
Net profit margin+10.2%+8.6%+6.6%+5.1%+11.4%+8.4%
EPS (₹)5.344.082.521.7717.238.04
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital11679.3361.4755.1312.2512.25
Reserves & surplus56522263.8015.5848.8127.67
Shareholders' funds (net worth)68130112570.7161.0639.92
Secured loans34.010.0050.4618.271.979.61
Unsecured loans0.472.4314.890.000.000.00
Total debt34.482.4365.3518.271.979.61
Total liabilities71630419189.2463.2749.78
Assets
Gross block39.0123.4419.1817.2221.4920.19
Net block30.9116.8213.7312.8818.3318.82
Capital work in progress34.690.390.000.000.000.00
Investments0.000.000.000.000.000.00
Inventories12710190.9641.6043.0332.49
Sundry debtors77.5310671.0442.4028.4891.02
Cash & bank balances43475.0117.0715.291.773.22
Loans & advances22.4925.616.489.596.387.57
Total current assets66030718610979.66134
Total current liabilities21.4227.049.0936.9334.21103
Net working capital63928017671.9545.4531.30
Total assets71630419189.2463.2749.78
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash58.9416.141.011.622.590.72
Net cash from operating activities39.36(13.43)(73.45)(2.81)7.99(8.39)
Net cash from investing activities(253)(19.68)12.14(13.38)(0.80)(1.84)
Net cash from financing activities36775.9176.4415.58(8.16)12.11
Net change in cash15442.8015.12(0.61)(0.96)1.87
Closing cash43475.0117.0715.291.773.22
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+14.1%+61.8%+3.4%+21.3%+57.6%-
EBITDA growth+21.4%+100.0%+58.8%-53.8%+135.5%-
PBT growth+39.1%+96.4%+66.6%-56.9%+123.8%+9997.0%
Net income growth+35.7%+108.7%+34.3%-45.4%+114.2%-
Revenue CAGR (3Y)+24.1%+26.6%+25.5%---
EBITDA CAGR (3Y)+56.8%+13.6%+20.0%---
Profitability & leverage
Net income margin+10.2%+8.6%+6.6%+4.3%+11.4%+8.4%
Return on capital employed-+19.7%+18.4%+22.0%+55.2%+27.9%
Return on net worth-+15.2%+15.8%+17.5%+41.8%+24.7%
Debt / equity-0.160.430.150.110.24
Long-term debt / equity-0.000.000.000.000.00
Interest cover1.5813.2118.248.083.743.69
Efficiency & per share
Fixed asset turnover-17.7112.8211.658.925.84
Inventory turnover-3.943.525.334.923.63
Debtors turnover-4.284.116.363.111.30
EPS (₹)5.344.082.521.7717.238.04
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)0.0037.9320.3812.8349.8432.59

To see the full year-wise statements and ratios of Stallion India Fluorochemicals Limited, buy the company report.

Board of directors of Stallion India Fluorochemicals Limited

Stallion India Fluorochemicals has 8 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manisha Shazad RustomjiDirector05 Sep 200224 Years 2 MonthsCurrent
Shazad Sheriar RustomjiManaging Director05 Sep 200224 Years 2 MonthsCurrent
Geetu YadavDirector20 Aug 20206 Years 2 MonthsCurrent
Rohan Shazad RustomjiDirector24 Sep 20215 Years 1 MonthsCurrent
Ameetkumar Vilaschandra MehtaDirector08 Apr 20251 Years 7 MonthsCurrent
Mukund KandoiDirector31 Jan 20242 Years 9 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Stallion India Fluorochemicals Limited is compared with the 5 companies closest to it by revenue in the Chemicals industry (Industrial Gases), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Air Water India Private Limited₹1,052.35 Cr (FY 2025)-3.0%Kolkata, West Bengal, India
Indo Baijin Chemicals Private Limited₹472.64 Cr (FY 2025)16.0%Bharuch, Gujarat, India
Stallion India Fluorochemicals Limitedthis company₹430.68 Cr (FY 2026)₹43.84 Cr10.2%14.1%8Mumbai, Maharashtra, India
Sicgil India Limited₹365.6 Cr (FY 2025)25.0%Chennai, Tamil Nadu, India
Ellenbarrie Industrial Gases Ltd₹348.43 Cr (FY 2025)20.0%Kolkata, West Bengal, India
National Peroxide Limited₹291.36 Cr (FY 2025)-14.0%Mumbai, Maharashtra, India

To see the full peer comparison of Stallion India Fluorochemicals Limited, buy the company report.

Auditor

Stallion India Fluorochemicals Limited is audited by Mittal & Associates for the financial year 2025.

Auditor firmFinancial yearFirm registration number
Mittal & AssociatesFY 2025106456W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 47.80%, foreign institutional investors hold 0.80%, domestic institutional investors hold 1.60% and retail and other public shareholders hold 49.80%.

Promoters: 47.80%DII (Domestic Institutional): 1.60%FII (Foreign Institutional): 0.80%Retail & Others: 49.80%
Sep 2026
QUARTER
47.80% Promoters
1.60% DII (Domestic Institutional)
0.80% FII (Foreign Institutional)
49.80% Retail & Others
Promoter holding - history
Now 47.80% · Sep 2026High 67.90% · Dec 2025Low 47.80% · Jun 2026
46%51.8%57.5%63.3%69%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 67.90%Mar 2026: 64.80%Jun 2026: 47.80%Sep 2026: 47.80%67.90%47.80%47.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters47.80%47.80%64.80%67.90%
Public52.20%52.20%35.20%32.10%

Charges & borrowings

Open charges
₹137 Cr
Satisfied charges
₹24 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹73.00 Cr
Others₹64.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Jul 2026101352030Hdfc Bank Limited₹6 CrOpen
24 Dec 2025101221353Hdfc Bank Limited₹67 CrOpen
28 Dec 2021100520821Others₹64 CrOpen
16 Nov 2022100647695Others₹20 CrSatisfied
29 Dec 201510614894Icici Bank Limited₹4 CrSatisfied

To see the full charge records of Stallion India Fluorochemicals Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

Stallion India Fluorochemicals Limited has 34 deals on record (28 market trades, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹39.46 Cr; the latest was in July 2026.

Total deals
34
Market trades
28
Secondary share transfers
3
Funding rounds
2
IPO
1
Disclosed funding
₹39.46 Cr

Deals on record (5 of 34)

WhenDealAmountParties
Jul 2026Market trade₹32.35 CrBuyer: Junomoneta Finsol Private Limited , Qe Securities LLP
Seller: Junomoneta Finsol Private Limited , Qe Securities LLP
Jul 2026Market trade₹116.96 CrBuyer: Microcurves Trading Private Limited , Junomoneta Finsol Private Limited , Qe Securities LLP
Seller: Microcurves Trading Private Limited , Junomoneta Finsol Private Limited , Qe Securities LLP
Jul 2026Market trade₹14.85 CrBuyer: Junomoneta Finsol Private Limited
Seller: Junomoneta Finsol Private Limited
Mar 2026Market trade₹42.7 CrBuyer: Neomile Corporate Advisory Limited
Seller: Neomile Growth Fund-Series I
Mar 2026Market trade₹37.91 CrBuyer: Neomile Corporate Advisory Limited
Seller: Neomile Growth Fund-Series I

To see the full deal history of Stallion India Fluorochemicals Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Stallion India Fluorochemicals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Stallion India Fluorochemicals Limited has a workforce of 8 employees on its EPFO records as of Oct 11, 2025, across 1 active EPFO establishment.

Employee count
8
Active EPFO establishments
1
Employee growth
14.29%

GST

Stallion India Fluorochemicals has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
27AAGCS6142L1Z0MaharashtraActive01 Jul 2017
27AAGCS6142L2ZZMaharashtraActive02 Aug 2025
06AAGCS6142L1Z4HaryanaActive01 Jul 2017
08AAGCS6142L1Z0RajasthanActive02 Nov 2018

To see the full GST registrations and return filing status of Stallion India Fluorochemicals Limited, buy the company report.

Recent activity

Stallion India Fluorochemicals Limited has 17 board changes on record since 2002: 9 appointments and 8 cessations. The latest: Swati Kumari Ghosh was appointed as Director on 13 May 2026.

AGM
Stallion India Fluorochemicals Limited last Annual general meeting of members was held on 21 Sep 2026 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Cr with Charge ID 101352030 was registered on 10 Jul 2026.
Charges
A charge with Others of Rs. 64.00 Cr registered on 28 Dec 2021 with Charge ID 100520821 was modified on 10 Jul 2026.
Appointed
Swati Kumari Ghosh was appointed as Director.
Filing
Stallion India Fluorochemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 67.00 Cr with Charge ID 101221353 was registered on 24 Dec 2025.
Appointed
Ameetkumar Vilaschandra Mehta was appointed as Director.
Appointed
Virenderkumar Mehta was appointed as CFO.
Ceased
Gautam Lath ceased to be Additional Director.
Ceased
Mukund Kandoi ceased to be Additional Director.
Charges
A charge registered on 16 Nov 2022 via Charge ID 100647695 with Others was fully satisfied on 27 Feb 2024.
Appointed
Mukund Kandoi was appointed as Director.

17 earlier events are in the company report.

News

Stallion India Fluorochemicals: Plans Analyst And Investor Meeting On October 1st.
29 Sep 2026 · Exchange Update
Stallion India: Starts Commercial Operations For Semiconductor And Specialty Gas Facility In Khalapur.
21 Sep 2026 · Exchange Update
Stallion India Fluorochemicals: Co Starts Commercial Operations At Semiconductor And Specialty Gas Facility In Khalapur; Operations Began On September 21, 2026; Facility Has A Capacity Of 1,200 MT Annually.
19 Sep 2026 · Exchange Update

Frequently asked questions

Stallion India Fluorochemicals is an active public limited company based in Mumbai, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 05 September 2002 (24+ years old) and is registered under CIN L51410MH2002PLC137076. Listed on BSE: 544342 and NSE: STALLION.

Stallion India Fluorochemicals reported revenue of ₹430.68 Cr for FY 2025-26 (up 14.1% YoY) based on standalone financials.

Stallion India Fluorochemicals has 8 current directors:

The latest financial statements of Stallion India Fluorochemicals on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 September 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of Stallion India Fluorochemicals is 27AAGCS6142L1Z0, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAGCS6142L2ZZ (Maharashtra), 06AAGCS6142L1Z4 (Haryana), 08AAGCS6142L1Z0 (Rajasthan).

The CIN (Corporate Identification Number) of Stallion India Fluorochemicals is L51410MH2002PLC137076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Stallion India Fluorochemicals is a listed company as per MCA records. Its shares are listed on both BSE (code: 544342) and NSE (symbol: STALLION).

Stallion India Fluorochemicals has 1 court case on record: 1 filed against it. 1 is pending.

Stallion India Fluorochemicals was incorporated on 05 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.

Stallion India Fluorochemicals has 34 deals on record (28 market trades, 3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹39.46 Cr; the latest was in July 2026.

The peers of Stallion India Fluorochemicals by revenue are Air Water India Private Limited, Indo Baijin Chemicals Private Limited, Sicgil India Limited, Ellenbarrie Industrial Gases Ltd, National Peroxide Limited, all in the Chemicals industry (Industrial Gases), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).