Staunch Natural Resources Private Limited

Staunch Natural Resources Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51432MH2010PTC228076 Incorporated 22 June 2010 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Liquidation Private Limited Company metals and minerals
Data last updated
Revenue · FY 2017
₹34.84 Cr
▼ 70% YoY
Net loss · FY 2017
₹10.6 Cr
Net margin -30.4%
EBITDA · FY 2017
-₹7.65 Cr
EBITDA margin -22%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹69.47 Lakh
Issued & subscribed
Open charges
₹23.71 Cr
Satisfied ₹2.15 Cr
Company age
16 yrs
Est. 2010
Directors on board
3
As per MCA filings

About Staunch Natural Resources Private Limited

Data last updated:

Staunch Natural Resources Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 22 June 2010.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51432MH2010PTC228076. The company has 6 GST registrations on record, none of which is active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹69.47 Lakh. It is led by directors including Mukesh Khathuria (Irp/Rp/Liquidator) and Krunal Rathod Jayantilal.

Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2017, the company reported a revenue of ₹34.84 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹10.6 Cr (net margin -30.4%) and EBITDA of -₹7.65 Cr (EBITDA margin -22%).

Its group structure includes 2 subsidiaries.

As per MCA filings, the company has open charges of ₹23.71 Cr and satisfied charges of ₹2.15 Cr on record. Court records list 18 cases involving the company, including 7 filed by the company and 11 filed against it; 4 cases are pending.

Company Details of Staunch Natural Resources Private Limited
CIN U51432MH2010PTC228076
Registration Number 228076
Incorporation Date 22 June 2010
ROC Mumbai
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2017
Date of Balance Sheet 31 March 2017
Compliance Status Active Non-Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    701/702 Nestor Court Adj To Vinayak Chs Cts – 985 Baji Prabhu Deshpande Marg Vile Parle (, W), Mumbai, Maharashtra, India – 400056
  • Industry
    Metals and Minerals, Materials Retail & Distribution
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Financials, compliance, directors, charges, ownership and filings for Staunch Natural Resources Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Staunch Natural Resources Private Limited

The main business activity of Staunch Natural Resources is trade. In detail, this covers wholesale trading.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Staunch Natural Resources Private Limited FY 2017 filings available

Staunch Natural Resources Private Limited reported revenue of ₹34.84 Cr (down 70% YoY) for FY 2017.

Revenue · FY 2017
₹34.84 Cr ▼ 70%
Net loss · FY 2017
₹10.6 Cr margin -30.4%
EBITDA · FY 2017
-₹7.65 Cr margin -22%

Compounded Annual Growth Rate (CAGR) of Staunch Natural Resources Private Limited

Revenue CAGR growth
1 year
▼ 70%

Revenue fell 70% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Staunch Natural Resources Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••
Other Income••••••••••••
Total Revenue₹34.84 Cr••••••••
Cost of Materials Consumed••••••••••••
Employee Benefit Expense••••••••••••
Finance Costs••••••••••••
Depreciation and Amortisation••••••••••••
Other Expenses••••••••••••
Total Expenses••••••••••••
EBITDA-₹7.65 Cr••••••••
Profit Before Tax••••••••••••
Tax Expense••••••••••••
Net Profit (PAT)-₹10.6 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 of Staunch Natural Resources Private Limited

MetricsFY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-22%••••••••
Net Profit Margin-30.4%••••••••
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••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Staunch Natural Resources are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Peer Comparison of Staunch Natural Resources Private Limited

Staunch Natural Resources Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Materials Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ethical Merchants Private Limited₹35.6 Cr (FY 2025)••••••••40.0%••••Asansol, West Bengal, India
Mungipa Corporation India Private Limited₹35.55 Cr (FY 2024)••••••••10.0%••••Khed, Maharashtra, India
Ilc Industries Limited₹35.46 Cr (FY 2025)••••••••-12.0%••••Hospet, Karnataka, India
Noor Steels Private Limited₹35.42 Cr (FY 2025)••••••••-16.0%••••Nashik, Maharashtra, India
Kay Bee Foundry Services Private Limited₹35.18 Cr (FY 2025)••••••••-5.0%••••Mumbai, Maharashtra, India
Staunch Natural Resources Private Limited this company₹34.84 Cr (FY 2017)••••••••-70.0%••••Mumbai, Maharashtra, India
Bhagwan Nutrition Food Private Limited₹34.81 Cr (FY 2024)••••••••5.0%••••Sahibganj, Jharkhand, India
Mignesh Global Limited₹34.55 Cr (FY 2025)••••••••72.0%••••Gandhinagar, Gujarat, India
Aaditya Khanij & Coal Nagpur Private Limited₹34.46 Cr (FY 2024)••••••••5.0%••••Nagpur, Maharashtra, India
Obcl Ventures Private Limited₹34.45 Cr (FY 2025)••••••••••••Raipur, Chhattisgarh, India
Ascentrade India Private Limited₹34.26 Cr (FY 2023)••••••••67.0%••••Noida, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Staunch Natural Resources by revenue in the Metals and Minerals industry (Materials Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Staunch Natural Resources Private Limited

Staunch Natural Resources Private Limited is audited by Varun Golecha & Associates for the financial year 2017.

NameStatusAppointment DateCessation Date
Varun Golecha & AssociatesLockedLockedLocked
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Board of Directors of Staunch Natural Resources Private Limited

Staunch Natural Resources has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Mukesh KhathuriaIrp/Rp/Liquidator10 Nov 20232 Years 11 MonthsAs last reported
Krunal Rathod JayantilalDirector19 Dec 20169 Years 9 MonthsAs last reported
Hardik Shah NarendrakumarDirector23 Nov 20169 Years 10 MonthsAs last reported

Ownership and Shareholding of Staunch Natural Resources Private Limited

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Charges & Borrowings of Staunch Natural Resources Private Limited

Open charges
₹23.71 Cr
Satisfied charges
₹2.15 Cr
Breakdown by lending institutions
Union Bank of India₹20.00 Cr
Bank of India₹3.71 Cr
Latest charge details
DateLenderAmountStatus
23 Sep 2013Bank of India₹3.71 CrOpen
08 Nov 2012Union Bank of India₹20 CrOpen
27 Oct 2012Tata Capital Housing Finance Limited₹2.15 CrSatisfied

Total charge records: 3 View all charges

Employees and EPFO Compliance at Staunch Natural Resources Private Limited

Employment history and EPFO contributions of people linked to Staunch Natural Resources.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Staunch Natural Resources Private Limited

Staunch Natural Resources has 2 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Staunch Tradelink Private LimitedU74120MH2012PTC230928Locked
Staunch Tradelink Private LimitedU74120MH2012PTC230928Locked

Showing major subsidiaries. Total: 2.

CIN History of Staunch Natural Resources Private Limited

Staunch Natural Resources has one previous CIN (Corporate Identification Number): U51432GJ2010PTC061219. The current CIN is U51432MH2010PTC228076, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51432MH2010PTC228076Current
U51432GJ2010PTC061219Previous

Recent Activity on Staunch Natural Resources Private Limited

Staunch Natural Resources Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Mukesh Khathuria was appointed as Irp/Rp/Liquidator on 10 Nov 2023.

Appointed
Mukesh Khathuria was appointed as Irp/Rp/Liquidator.
Ceased
Krunal Rathod Jayantilal ceased to be Director.
AGM
Staunch Natural Resources Private Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.
Filing
Staunch Natural Resources Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Ceased
Nandishkumar Parekh Rameshchandra ceased to be Director.
Appointed
Krunal Rathod Jayantilal was appointed as Director.
Ceased
Aditya Golechha ceased to be Director.
Appointed
Hardik Shah Narendrakumar was appointed as Director.
Ceased
Shwetang Jivani Girdharbhai ceased to be Director.
Charges
A charge with Union Bank Of India of Rs. 20.00 Cr registered on 08 Nov 2012 with Charge ID 10388603 was modified on 15 Feb 2015.
Charges
A charge registered on 27 Oct 2012 via Charge ID 10388225 with Tata Capital Housing Finance Limited was fully satisfied on 20 Jan 2015.
Charges
A charge with Bank Of India amounted to Rs. 3.71 Cr with Charge ID 10454576 was registered on 23 Sep 2013.

5 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Staunch Natural Resources Private Limited

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MSME Payment Delays by Staunch Natural Resources Private Limited

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Subsidiaries & Group Companies of Staunch Natural Resources Private Limited

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Corporate group structure

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GST Compliance of Staunch Natural Resources Private Limited

Staunch Natural Resources has 6 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.

Total GSTINs
6
Cancelled / inactive
6
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Staunch Natural Resources Private Limited

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Frequently Asked Questions about Staunch Natural Resources Private Limited

Staunch Natural Resources is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.

Staunch Natural Resources is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 22 June 2010 and is registered under CIN U51432MH2010PTC228076. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Staunch Natural Resources reported revenue of ₹34.84 Cr for FY 2017 (down 70% YoY).

Staunch Natural Resources has 3 current directors:

Staunch Natural Resources reported a net loss of ₹10.6 Cr (net margin -30.4%) and EBITDA of -₹7.65 Cr (EBITDA margin -22%) for FY 2017, as per its filed financial statements.

The CIN (Corporate Identification Number) of Staunch Natural Resources is U51432MH2010PTC228076. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Staunch Natural Resources has open charges of ₹23.71 Cr and satisfied charges of ₹2.15 Cr as per latest MCA filings.

Staunch Natural Resources has 18 court cases on record: 7 filed by the company and 11 filed against it. 4 are pending. Most are in the district courts.

Staunch Natural Resources was incorporated on 22 June 2010. It is registered with the Registrar of Companies, Mumbai.

The peers of Staunch Natural Resources by revenue are Ethical Merchants Private Limited, Mungipa Corporation India Private Limited, Ilc Industries Limited, Noor Steels Private Limited, Kay Bee Foundry Services Private Limited and 5 more, all in the Metals and Minerals industry (Materials Retail and Distribution).

Mukesh Khathuria was appointed as Irp/Rp/Liquidator on 10 Nov 2023. Krunal Rathod Jayantilal ceased to be Director on 16 Apr 2019. Nandishkumar Parekh Rameshchandra ceased to be Director on 21 Dec 2016. Staunch Natural Resources has 9 board changes on record in total.

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