STCL Limited
About STCL Limited
Data last updated:
STCL Limited is a private limited union government company based in Bangalore, Karnataka, India, a subsidiary of The State Trading Corporation Of India Limited. It operates in the specialized hospitals segment of the healthcare sector. It was incorporated on 23 October 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1982GOI005013. Its GSTIN is 29AACCS0205J1ZK (Karnataka). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Cardamom Trading Corporation Private Limited and Spices Trading Corporation Limited. It is led by directors including Sanjeev Kumar Sharma (Managing Director) and Jitendra Kumar Jha (Managing Director).
Its last annual general meeting (AGM) was held on 29 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 3rd Floor No. 7/A Nandini Sfhs Layout, Bangalore, Karnataka, India – 560096.
As per the financials filed for FY 2021, the company reported a revenue of ₹14.35 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹77.13 Lakh and EBITDA of ₹97.16 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 42% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3,738.48 Cr on record. Court records list 558 cases involving the company, including 255 filed by the company and 303 filed against it; 81 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
STCL has undergone 3 name changes throughout its history. The company was previously known as Cardamom Trading Corporation Private Limited, Spices Trading Corporation Limited, and Cardamom Trading Corporation Limited. The current legal name is Stcl Limited.
| Company Name | Status |
|---|---|
| STCL Limited | Current |
| Cardamom Trading Corporation Private Limited | Previous |
| Spices Trading Corporation Limited | Previous |
| Cardamom Trading Corporation Limited | Previous |
CIN history
STCL has one previous CIN (Corporate Identification Number): U85110KA1982PLC005013. The current CIN is U85110KA1982GOI005013, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1982GOI005013 | Current |
| U85110KA1982PLC005013 | Previous |
Contact details
STCL Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address3rd Floor No. 7/A Nandini Sfhs Layout, Bangalore, Karnataka, India – 560096
- IndustryHealthcare, Specialized Hospitals, Human Health Activities
To see the full contact details of STCL 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 STCL Limited
FY 2021 filings availableSTCL Limited reported revenue of ₹14.35 Lakh (down 2% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over five years, including a 2% fall in the latest year. EBITDA rose 852% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.35 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹97.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹77.13 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick 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 STCL Limited, buy the company report.
Board of directors of STCL Limited
STCL has 6 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Durga Sakthi Nagpal | Additional Director | 16 Sep 2019 | 7 Years 1 Months | Current |
| Nainar Arumugam Nainar Jeyakumar | Director | 14 Sep 2020 | 6 Years 1 Months | Current |
| Anup Singh Also directs: Pec Limited | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Rooma Nagrath | Director | 15 May 2017 | 9 Years 5 Months | Current |
| Sanjeev Kumar Sharma | Managing Director | 31 Jan 2018 | 8 Years 8 Months | Current |
| Jitendra Kumar Jha | Managing Director | 25 Sep 2024 | 2 Years 0 Months | Current |
Auditor
STCL Limited is audited by B C SHETTY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B C SHETTY & CO | FY 2021 | 003819S |
Shareholding
The shareholding of STCL Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of STCL Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2008 | 10138025 | State Bank of India | ₹2,000 Cr | Open | |
| 26 Mar 2008 | 10143806 | Uco Bank | ₹200 Cr | Open | |
| 21 Jan 2008 | 10087714 | Axis Bank Limited | ₹118.48 Cr | Open | |
| 07 Dec 2007 | 10084996 | Yes Bank Limited | ₹100 Cr | Open | |
| 24 Aug 2007 | 10065648 | State Bank of India | ₹250 Cr | Open |
To see the full charge records of STCL Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
STCL Limited has 558 court cases on record: 255 filed by STCL, 303 filed against it. 81 cases are pending and 477 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 286 | 237 | 20 |
| District courts | 265 | 61 | 59 |
| Supreme Court | 7 | 5 | 2 |
Cases on record (5 of 558)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against Meta Copper and Alloys Ltd and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Future Metals Pvt Ltd and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Future Exim (India) Pvt Ltd and 1 other | Pending |
| High Court, KARNATAKA | Court case (MFA) | Filed by the company against M/S Carmel Builders and Fibrotech Industries Pvt Ltd and 1 other | Pending |
| District court, South Twenty Four Parganas, West Bengal | Execution petition | Filed by the company against Rythem Overseas Trade Ltd. Formerly Known As R. Piyarelall Import and Export Ltd. | Pending |
To see the full case history of STCL 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 STCL Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
STCL has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS0205J1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of STCL Limited, buy the company report.
Recent activity
STCL Limited has 20 board changes on record since 2007: 6 appointments and 14 cessations. The latest: Jitendra Kumar Jha was appointed as Managing Director on 25 Sep 2024.
27 earlier events are in the company report.
Frequently asked questions
STCL is an active private limited union government company based in Bangalore, Karnataka, India. The company works in specialized hospitals, within the healthcare industry. It was incorporated on 23 October 1982 (44+ years old) and is registered under CIN U85110KA1982GOI005013.
STCL has 6 current directors:
- Sanjeev Kumar Sharma - Managing Director
- Jitendra Kumar Jha - Managing Director
- Durga Sakthi Nagpal - Additional Director
- Nainar Arumugam Nainar Jeyakumar - Director
- Anup Singh - Director
- Rooma Nagrath - Director
The latest financial statements of STCL on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of STCL is 29AACCS0205J1ZK, registered in Karnataka. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of STCL is U85110KA1982GOI005013. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
STCL has 558 court cases on record: 255 filed by the company and 303 filed against it. 81 are pending. Most are in the high courts.
STCL was incorporated on 23 October 1982, making it 44+ years old. It is registered with the Registrar of Companies, Bangalore.
Jitendra Kumar Jha was appointed as Managing Director on 25 Sep 2024. Anup Singh was appointed as Director on 22 Mar 2021. Nainar Arumugam Nainar Jeyakumar was appointed as Director on 14 Sep 2020. STCL has 20 board changes on record in total.
The registered office of STCL is at 3rd Floor No. 7A Nandini Sfhs Layout, Bangalore, Karnataka, India – 560096.
STCL operates in the healthcare industry, in the specialized hospitals segment.