MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0266639
Stay Sharp Diamond Tools Pvt Ltd - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹28.3 Cr
▼ 3% YoY
Net profit · FY 2025
₹3.08 Cr
Net margin 10.9%
EBITDA · FY 2025
₹4.75 Cr
EBITDA margin 16.8%
Authorised capital
₹7.54 Cr
Registered with MCA
Paid-up capital
₹81.12 Lakh
Issued & subscribed
Open charges
₹1.74 Cr
Secured borrowings
Company age
43 yrs
Est. 1983
Employees · EPFO
26
Provident fund records
About Stay Sharp Diamond Tools Pvt Ltd
Data last updated:
Stay Sharp Diamond Tools Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 15 March 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29220MH1983PTC029541. Its GSTIN is 27AAACS9975P1ZB (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7.54 Cr and a paid-up capital of ₹81.12 Lakh. It is led by directors including Sudhir Banarsilal Tulsyan (Managing Director) and Aamy Swapan Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Karamchand Mansionbarrack Road Behind Metro Cenema, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.3 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.08 Cr (net margin 10.9%) and EBITDA of ₹4.75 Cr (EBITDA margin 16.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Stay Sharp Diamond Tools. As per MCA filings, the company has open charges of ₹1.74 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.9 Cr; the latest was in June 2016.
Stay Sharp Diamond Tools Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0266639). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website staysharp.com.
Company details
CIN U29220MH1983PTC029541
Registration Number 029541
Incorporation Date 15 March 1983
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0266639
Key People
Sudhir Banarsilal Tulsyan Managing Director Aamy Swapan Shah Director Swapan Manilal Shah Director Recognitions & Rankings of Stay Sharp Diamond Tools
Contact details
Stay Sharp Diamond Tools Pvt Ltd's registered office is in Mumbai, Maharashtra. Its website is staysharp.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressKaramchand Mansionbarrack Road Behind Metro Cenema, Mumbai, Maharashtra, India – 400020
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Stay Sharp Diamond Tools Pvt Ltd, buy the company report.
Comprehensive company report
Stay Sharp Diamond Tools Pvt Ltd - 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
Stay Sharp Diamond Tools operates one associated brand: Stay Sharp Diamond Tools. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of diamond tools for stone and construction industries. | staysharp.com |
Business activity
The main business activity of Stay Sharp Diamond Tools 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 Stay Sharp Diamond Tools Pvt Ltd, buy the company report.
Financials of Stay Sharp Diamond Tools Pvt Ltd
FY 2025 filings availableStay Sharp Diamond Tools Pvt Ltd reported revenue of ₹28.3 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹28.3 Cr ▼ 3%
Net profit · FY 2025
₹3.08 Cr margin 10.9%
EBITDA · FY 2025
₹4.75 Cr margin 16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 6%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 47%
5 years · compounded
▲ 69%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 8% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.08 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
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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 | 16.8% | ||||
| Net Profit Margin | 10.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity 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 Stay Sharp Diamond Tools Pvt Ltd, buy the company report.
Board of directors of Stay Sharp Diamond Tools Pvt Ltd
Stay Sharp Diamond Tools has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Banarsilal Tulsyan Also directs: Stay Sharp Enterprises LLP, Zelle Biotechnology Private Limited, Shatul Commercial Company Private Limited and 1 more | Managing Director | 15 Mar 1983 | 43 Years 7 Months | Current |
| Aamy Swapan Shah | Director | 05 Aug 2022 | 4 Years 3 Months | Current |
| Swapan Manilal Shah Also directs: Stay Sharp Enterprises LLP, Shatul Commercial Company Private Limited, M.L. Shah Machinery LLP and 2 more | Director | 15 Mar 1983 | 43 Years 7 Months | Current |
| Anurag Sudhir Tulsyan | Director | 05 Aug 2022 | 4 Years 3 Months | Current |
Auditor
Stay Sharp Diamond Tools Pvt Ltd is audited by M/s.I.O Dharia & Co., Chartered Accountants for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s.I.O Dharia & Co., Chartered Accountants | FY 2022 | 102460W |
Shareholding
The shareholding of Stay Sharp Diamond Tools Pvt Ltd 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 Stay Sharp Diamond Tools Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹1.74 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 1994 | 90373617 | Bank of Rajasthan Ltd. | ₹3.3 Lakh | Open | |
| 02 Mar 1990 | 90373475 | Bank of India | ₹35 Lakh | Open | |
| 31 Jan 1990 | 90373470 | Bank of India | ₹1.2 Cr | Open | |
| 21 Mar 1987 | 90373331 | Bank of India | ₹11.25 Lakh | Open | |
| 04 Oct 1985 | 90373253 | Bank of India | ₹4 Lakh | Open |
To see the full charge records of Stay Sharp Diamond Tools Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Stay Sharp Diamond Tools Pvt Ltd has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.9 Cr; the latest was in June 2016.
Total deals
7
Secondary share transfers
5
Funding rounds
2
Disclosed funding
₹4.9 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Oct 2015 | Funding round | ₹12 Lakh | Investors: 4 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Hanumandas Banarasilal HUF |
| Feb 2014 | Secondary share transfer | Undisclosed | Seller: Suditul Trading and Investment Company Private Limited , 3 individuals |
| Jan 2012 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: S P M Designers Private Limited , 3 individuals |
To see the full deal history of Stay Sharp Diamond Tools Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Stay Sharp Diamond Tools Pvt Ltd has 2 court cases on record: 2 filed by Stay Sharp Diamond Tools. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of Stay Sharp Diamond Tools Pvt Ltd, 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 Stay Sharp Diamond Tools Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stay Sharp Diamond Tools Pvt Ltd has a workforce of 26 employees on its EPFO records as of Apr 07, 2024, across 2 active EPFO establishments.
Employee count
26
Active EPFO establishments
2
Employee growth
-3.7%
GST
Stay Sharp Diamond Tools has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS9975P1ZB | Maharashtra | Active | 01 Jul 2017 |
| 30AAACS9975P1ZO | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stay Sharp Diamond Tools Pvt Ltd, buy the company report.
Recent activity
Stay Sharp Diamond Tools Pvt Ltd has 6 board changes on record since 1983: 4 appointments and 2 cessations. The latest: Aamy Swapan Shah ceased to be Additional Director on 29 Sep 2022.
AGM
Stay Sharp Diamond Tools Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Stay Sharp Diamond Tools Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Aamy Swapan Shah ceased to be Additional Director.
Ceased
Anurag Sudhir Tulsyan ceased to be Additional Director.
Appointed
Aamy Swapan Shah was appointed as Director.
Appointed
Anurag Sudhir Tulsyan was appointed as Director.
Charges
A charge with Bank Of India of Rs. 1.20 Cr registered on 31 Jan 1990 with Charge ID 90373470 was modified on 28 Sep 1994.
Charges
A charge with Bank Of Rajasthan Ltd. amounted to Rs. 0.03 Cr with Charge ID 90373617 was registered on 07 Apr 1994.
Charges
A charge with Bank Of India of Rs. 0.35 Cr registered on 02 Mar 1990 with Charge ID 90373475 was modified on 12 Nov 1990.
Charges
A charge with Bank Of India of Rs. 0.04 Cr registered on 04 Oct 1985 with Charge ID 90373253 was modified on 12 Nov 1990.
Charges
A charge with Bank Of India amounted to Rs. 0.35 Cr with Charge ID 90373475 was registered on 02 Mar 1990.
Charges
A charge with Bank Of India amounted to Rs. 1.20 Cr with Charge ID 90373470 was registered on 31 Jan 1990.
5 earlier events are in the company report.
Frequently asked questions
Stay Sharp Diamond Tools is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 15 March 1983 (43+ years old) and is registered under CIN U29220MH1983PTC029541.
Stay Sharp Diamond Tools has 4 current directors:
- Sudhir Banarsilal Tulsyan - Managing Director
- Aamy Swapan Shah - Director
- Swapan Manilal Shah - Director
- Anurag Sudhir Tulsyan - Director
The latest financial statements of Stay Sharp Diamond Tools on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Stay Sharp Diamond Tools is 27AAACS9975P1ZB, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAACS9975P1ZO (Goa).
The CIN (Corporate Identification Number) of Stay Sharp Diamond Tools is U29220MH1983PTC029541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stay Sharp Diamond Tools has 2 court cases on record: 2 filed by the company.
Stay Sharp Diamond Tools was incorporated on 15 March 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Stay Sharp Diamond Tools has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.9 Cr; the latest was in June 2016.
Aamy Swapan Shah ceased to be Additional Director on 29 Sep 2022. Anurag Sudhir Tulsyan ceased to be Additional Director on 29 Sep 2022. Aamy Swapan Shah was appointed as Director on 05 Aug 2022. Stay Sharp Diamond Tools has 6 board changes on record in total.
Yes, Stay Sharp Diamond Tools is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0266639).
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