MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-AP-10-0003379
STBL Projects Limited - real estate and construction in Visakhapatnam, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹40.67 Cr
▼ 13% YoY
Net profit · FY 2025
₹3.77 Cr
Net margin 9.3%
EBITDA · FY 2025
₹7.3 Cr
EBITDA margin 18%
Authorised capital
₹3.15 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹6.48 Cr
Satisfied ₹6.16 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
37
Provident fund records
About STBL Projects Limited
Data last updated:
STBL Projects Limited is a public limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 05 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45200AP2007PLC053028. Its GSTIN is 37AALCS2261H1Z7 (Andhra Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹3.15 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Saiteja Builders Private Limited. It is led by directors including Veerabadra Rao Guthikonda (Managing Director) and Naga Kumar Kokku.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D. No. 6 – 175/20 Beside Stbl Cineworld Near Ayyappa Swamy Temple Sheelanagar, Visakhapatnam, Andhra Pradesh, India – 530012.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.67 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹3.77 Cr (net margin 9.3%) and EBITDA of ₹7.3 Cr (EBITDA margin 18%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹6.48 Cr and satisfied charges of ₹6.16 Cr on record. Court records list 97 cases involving the company, including 83 filed by the company and 6 filed against it; 26 cases are pending.
STBL Projects Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0003379). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stbl.co.in.
Company Details of STBL Projects Limited
CIN U45200AP2007PLC053028
Registration Number 053028
Incorporation Date 05 March 2007
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 October 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-AP-10-0003379
CIN History of STBL Projects Limited
STBL Projects has one previous CIN (Corporate Identification Number): U45200AP2007PTC053028. The current CIN is U45200AP2007PLC053028, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200AP2007PLC053028 | Current |
| U45200AP2007PTC053028 | Previous |
Key People
Veerabadra Rao Guthikonda Managing Director Naga Kumar Kokku Director Tanuja Guttikonda Director Recognitions & Rankings of STBL Projects
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressD. No. 6 – 175/20 Beside Stbl Cineworld Near Ayyappa Swamy Temple Sheelanagar, Visakhapatnam, Andhra Pradesh, India – 530012
- IndustryReal Estate and Construction, Real Estate Builders & Developers
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Business Activity of STBL Projects Limited
The main business activity of STBL Projects is construction. In detail, this covers specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of STBL Projects Limited FY 2025 filings available
STBL Projects Limited reported revenue of ₹40.67 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹40.67 Cr ▼ 13%
Net profit · FY 2025
₹3.77 Cr margin 9.3%
EBITDA · FY 2025
₹7.3 Cr margin 18%
Compounded Annual Growth Rate (CAGR) of STBL Projects Limited
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▼ 13%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▼ 17%
5 years · compounded
▼ 11%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 13% fall in the latest year. EBITDA fell 29% 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 of STBL Projects Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.3 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.77 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 STBL Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.3% | •••• | •••• | •••• | •••• |
| 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 STBL Projects 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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Board of Directors of STBL Projects Limited
STBL Projects has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naga Kumar Kokku | Director | 26 Apr 2017 | 9 Years 5 Months | Current |
| Tanuja Guttikonda | Director | 09 Feb 2012 | 14 Years 8 Months | Current |
| Venkatanaga Lakshmi Guthikonda Also directs: Pathipati Foods Private Limited | Director | 05 Mar 2007 | 19 Years 7 Months | Current |
| Veerabadra Rao Guthikonda Also directs: Pathipati Foods Private Limited | Managing Director | 05 Mar 2007 | 19 Years 7 Months | Current |
| Venkata Krishnaiah Gorripati | Director | 02 Apr 2010 | 16 Years 6 Months | Current |
Peer Comparison of STBL Projects Limited
STBL Projects Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oaktree Infra Developers Private Limited | ₹40.72 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Kanti Infrabuild Private Limited | ₹40.71 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Kanpur, Uttar Pradesh, India |
| TNR Constructions India Private Limited | ₹40.71 Cr (FY 2019) | •••• | •••• | 64.0% | •••• | Hyderabad, Telangana, India |
| Nri- Buildtech (India) Private Limited | ₹40.7 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Alwar, Rajasthan, India |
| Nitya Nand and Sons Contractors Private Limited | ₹40.69 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hisar, Haryana, India |
| STBL Projects Limited this company | ₹40.67 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Visakhapatnam, Andhra Pradesh, India |
| Aroma International Building Contracting (India) Private Limited | ₹40.65 Cr (FY 2025) | •••• | •••• | 189930.0% | •••• | Ernakulam, Kerala, India |
| Hacienda Projects Private Limited | ₹40.65 Cr (FY 2017) | •••• | •••• | 85.0% | •••• | New Delhi, Delhi, India |
| HN Safal Infra Space Private Limited | ₹40.62 Cr (FY 2024) | •••• | •••• | -56.0% | •••• | Ahmedabad, Gujarat, India |
| Arav Contracts Limited | ₹40.62 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Mumbai, Maharashtra, India |
| Mahesh Infracon Private Limited | ₹40.61 Cr (FY 2025) | •••• | •••• | 401.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below STBL Projects by revenue in the Real Estate industry (Builders and Developers), 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 STBL Projects Limited
STBL Projects Limited is audited by VENKAT SRINIVAS & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VENKAT SRINIVAS & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of STBL Projects Limited
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Shareholding and ownership data
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Charges & Borrowings of STBL Projects Limited
Open charges
₹6.48 Cr
Satisfied charges
₹6.16 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2025 | Others | ₹1.16 Cr | Open |
| 29 Jul 2024 | Others | ₹72.4 Lakh | Open |
| 27 Dec 2019 | Canara Bank | ₹4 Cr | Open |
| 25 Jul 2008 | State Bank of India | ₹60 Lakh | Open |
| 09 May 2014 | Indian Overseas Bank | ₹6 Cr | Satisfied |
Total charge records: 6 View all charges
Legal Cases of STBL Projects Limited
STBL Projects Limited has 97 court cases on record: 83 filed by STBL Projects, 6 filed against it, 8 where it is another party. 26 cases are pending and 71 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
97
Filed by the company
83
Filed against the company
6
Pending
26
Disposed
71
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 60 | 1 | 10 |
| District courts | 34 | 5 | 13 |
| NCLAT | 3 | 0 | 3 |
Cases on record (5 of 97)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Writ petition | Filed by the company against Aptonline Limited | Disposed |
| High Court of Andhra Pradesh | Writ petition | Filed by the company against Aptonline Limited | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Criminal complaint | Filed by the company against an individual | Pending |
| NCLAT, Chennai | Interim or miscellaneous application | Filed by the company against individuals | Pending |
| NCLAT, Chennai | Company appeal | Filed by the company against individuals | Pending |
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Full case history
All 97 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at STBL Projects Limited
STBL Projects Limited has a workforce of 37 employees as of Apr 01, 2024.
Employee count
37
Active EPFO establishments
1
Employee growth
-7.5%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on STBL Projects Limited
STBL Projects Limited has 12 board changes on record since 2007: 5 appointments and 7 cessations. The latest: Naga Kumar Kokku ceased to be Additional Director on 29 Sep 2017.
AGM
Stbl Projects Limited last Annual general meeting of members was held on 31 Oct 2025 as per latest MCA records.
Filing
Stbl Projects Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Charges
A charge with Others amounted to Rs. 1.16 Cr with Charge ID 101068960 was registered on 27 Jan 2025.
Charges
A charge with Others amounted to Rs. 0.72 Cr with Charge ID 100994562 was registered on 29 Jul 2024.
Charges
A charge with Canara Bank amounted to Rs. 4.00 Cr with Charge ID 100323485 was registered on 27 Dec 2019.
Charges
A charge registered on 09 May 2014 via Charge ID 10501121 with Indian Overseas Bank was fully satisfied on 23 Jul 2018.
Ceased
Naga Kumar Kokku ceased to be Additional Director.
Appointed
Naga Kumar Kokku was appointed as Director.
Ceased
Hemanth Kumar Patibandla ceased to be Director.
Ceased
Janardhana Rao Guthikonda ceased to be Director.
Ceased
Ramesh Sattu ceased to be Director.
Ceased
Srinivasa Babu Patibandla ceased to be Director.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for STBL Projects Limited
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MSME Payment Delays by STBL Projects Limited
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Subsidiaries & Group Companies of STBL Projects Limited
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Corporate group structure
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GST Compliance of STBL Projects Limited
STBL Projects has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AALCS2261H1Z7 | Andhra Pradesh | Active | 01 Jul 2017 |
| 36AALCS2261H1Z9 | Telangana | Active | 21 Aug 2018 |
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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 STBL Projects Limited
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MCA filings and documents
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Frequently Asked Questions about STBL Projects Limited
STBL Projects is an active public limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 05 March 2007 (19+ years old) and is registered under CIN U45200AP2007PLC053028.
STBL Projects reported revenue of ₹40.67 Cr for FY 2025 (down 13% YoY).
STBL Projects has 5 current directors:
- Veerabadra Rao Guthikonda - Managing Director
- Naga Kumar Kokku - Director
- Tanuja Guttikonda - Director
- Venkatanaga Lakshmi Guthikonda - Director
- Venkata Krishnaiah Gorripati - Director
STBL Projects reported a net profit of ₹3.77 Cr (net margin 9.3%) and EBITDA of ₹7.3 Cr (EBITDA margin 18%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of STBL Projects is -13% over three years and -9% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of STBL Projects is 37AALCS2261H1Z7, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 36AALCS2261H1Z9 (Telangana).
The CIN (Corporate Identification Number) of STBL Projects is U45200AP2007PLC053028. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
STBL Projects has 97 court cases on record: 83 filed by the company and 6 filed against it. 26 are pending. Most are in the high courts.
STBL Projects was incorporated on 05 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of STBL Projects by revenue are Oaktree Infra Developers Private Limited, Kanti Infrabuild Private Limited, TNR Constructions India Private Limited, Nri- Buildtech (India) Private Limited, Nitya Nand and Sons Contractors Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Naga Kumar Kokku ceased to be Additional Director on 29 Sep 2017. Naga Kumar Kokku was appointed as Director on 26 Apr 2017. Hemanth Kumar Patibandla ceased to be Director on 25 Mar 2016. STBL Projects has 12 board changes on record in total.