About Steiner India Limited
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Steiner India Limited is a public limited foreign company incorporated in india based in Mumbai, Maharashtra, India, a subsidiary of Steiner Ag. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 17 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2011FLC221029. Its GSTIN is 27AAQCS2361F1Z6 (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹20.24 Cr. It is led by directors including Santosh Kumar Rai and Ritu Pramod Sharma.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.85 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹64.23 Lakh (net margin -7.3%) and EBITDA of ₹1.42 Cr (EBITDA margin 16%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 26% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹35 Cr on record. Court records list 25 cases involving the company, including 12 filed by the company and 13 filed against it; 7 cases are pending. The company has 8 deals on record (5 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹115.39 Cr; the latest was in December 2022. Its 10 peer companies in the Infrastructure industry (Construction Services) are compared by revenue, 5 larger and 5 smaller; the largest is Savi Engineers Private Ltd with revenue of ₹8.87 Cr. The company has 13 MSME Form 1 returns on record between 2021 and 2023, listing 110 overdue payments to 22 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website steinerindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHincon House Lal Bahadur Shastri Marg Vikhroli (West, ), Mumbai, Maharashtra, India – 400083
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Business Activity of Steiner India Limited
The main business activity of Steiner India is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Steiner India Limited FY 2025 filings available
Steiner India Limited reported revenue of ₹8.85 Cr (down 76% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Steiner India Limited
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years, including a 76% fall 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 Steiner India 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 | ₹1.42 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹64.23 Lakh | •••• | •••• | •••• | •••• |
| 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 Steiner India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -7.3% | •••• | •••• | •••• | •••• |
| 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 Steiner India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Steiner India Limited
Steiner India Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Savi Engineers Private Ltd | ₹8.87 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Delhi, India |
| Grandmark Infrastructures Private Limited | ₹8.86 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Bhubaneswar, Odisha, India |
| De Annpurna Contracts India Private Limited | ₹8.86 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Karven Infrastructure Private Limited | ₹8.86 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Hyderabad, Telangana, India |
| Bhairavi Engineers and Infrastructure Private Limited | ₹8.86 Cr (FY 2025) | •••• | •••• | -63.0% | •••• | Solapur, Maharashtra, India |
| Steiner India Limited this company | ₹8.85 Cr (FY 2025) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Rameshwaram Hospitalities Private Limited | ₹8.85 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ranchi, Jharkhand, India |
| Emerging India Housing Corporation Private Limited | ₹8.85 Cr (FY 2017) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
| L. R. Builders Private Limited | ₹8.84 Cr (FY 2025) | •••• | •••• | 2304.0% | •••• | Delhi, India |
| Verdad Projects Private Limited | ₹8.83 Cr (FY 2024) | •••• | •••• | 79.0% | •••• | Kolhapur, Maharashtra, India |
| Constructive People Infra Projects Private Limited | ₹8.83 Cr (FY 2025) | •••• | •••• | 51.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Steiner India by revenue in the Infrastructure industry (Construction Services), 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 Steiner India Limited
Steiner India Limited is audited by For Mukund M Chitale & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| For Mukund M Chitale & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Steiner India Limited
Steiner India has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Rai Also directs: Hcc-Vccl Joint Venture LLP, HCC Infrastructure Company Limited, HCC Contract Solutions Limited and 1 more | Director | 09 May 2022 | 4 Years 5 Months | Current |
| Ritu Pramod Sharma | Director | 20 Dec 2024 | 1 Years 9 Months | Current |
| Nikita Murarilal Kedia | Director | 20 Dec 2024 | 1 Years 9 Months | Current |
Ownership and Shareholding of Steiner India Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Steiner India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2013 | Yes Bank Limited | ₹35 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Steiner India Limited
Steiner India Limited has 8 deals on record (5 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹115.39 Cr; the latest was in December 2022.
Deals on record (3 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹5.1 Cr | Investors: Steiner Ag |
| Dec 2013 | Funding round | ₹10 Cr | Investors: Steiner Ag |
| Feb 2012 | Funding round | ₹3.99 Cr | Investors: Steiner Ag |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Steiner India Limited
Steiner India Limited has 25 court cases on record: 12 filed by Steiner India, 13 filed against it. 7 cases are pending and 18 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 3 | 4 |
| District courts | 9 | 4 | 2 |
| NCLAT | 6 | 6 | 1 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (SMST S) | Filed against the company by Asian Granito India Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed by the company against Photogravurs (India) Private Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Palm Developers Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Archon Powerinfra India Private Limited | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Schwing Stetter (India) Private Limited | Disposed |
Full case history
All 25 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Steiner India Limited
Steiner India Limited has 13 MSME Form 1 returns on record between 2021 and 2023, listing 110 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Spartan Engineering Industries Private Limited | •••• | •••• | •••• |
| Ahuja Builders | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Bio Solution Pest Control Service Private Limited | •••• | •••• | •••• |
| Whitby Wood Pritamdasani Consulting Engineers Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Steiner India Limited
Steiner India Limited has a workforce of 21 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Steiner India Limited
Steiner India Limited has 24 board changes on record since 2013: 3 appointments and 21 cessations. The latest: Nikita Murarilal Kedia ceased to be Additional Director on 10 Sep 2025.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Steiner India Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Steiner India Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Steiner India Limited
Steiner India has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS2361F1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 27AAQCS2361F2Z5 | Maharashtra | Active | 01 Mar 2025 |
| 19AAQCS2361F1Z3 | West Bengal | Active | 01 Jul 2017 |
| 09AAQCS2361F1Z4 | Uttar Pradesh | Active | 11 May 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Steiner India Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Steiner India Limited
Steiner India is an active public limited foreign company incorporated in india based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 17 August 2011 (15+ years old) and is registered under CIN U45203MH2011FLC221029.
Steiner India reported revenue of ₹8.85 Cr for FY 2025 (down 76% YoY).
Steiner India has 3 current directors:
- Santosh Kumar Rai - Director
- Ritu Pramod Sharma - Director
- Nikita Murarilal Kedia - Director
Steiner India reported a net loss of ₹64.23 Lakh (net margin -7.3%) and EBITDA of ₹1.42 Cr (EBITDA margin 16%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Steiner India is -7% over three years and -26% over five years. In the latest year (FY 2025) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Steiner India is 27AAQCS2361F1Z6, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AAQCS2361F2Z5 (Maharashtra), 19AAQCS2361F1Z3 (West Bengal), 09AAQCS2361F1Z4 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Steiner India is U45203MH2011FLC221029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Steiner India has 25 court cases on record: 12 filed by the company and 13 filed against it. 7 are pending. Most are in the high courts.
Steiner India was incorporated on 17 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Steiner India has 8 deals on record (5 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹115.39 Cr; the latest was in December 2022.
The peers of Steiner India by revenue are Savi Engineers Private Ltd, Grandmark Infrastructures Private Limited, De Annpurna Contracts India Private Limited, Karven Infrastructure Private Limited, Bhairavi Engineers and Infrastructure Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Nikita Murarilal Kedia ceased to be Additional Director on 10 Sep 2025. Ritu Pramod Sharma ceased to be Additional Director on 10 Sep 2025. Vikramsinh Baban Mohite ceased to be Company Secretary on 28 Mar 2025. Steiner India has 24 board changes on record in total.