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About Stewols India (P) Ltd
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Stewols India (P) Ltd is a private limited company based in Nagpur, Maharashtra, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 27 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2007PTC167326. Its GSTIN is 27AAKCS5463Q1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹20.35 Lakh. It is led by directors including Shiraz Khurshedji Doongaji (Managing Director) and Yohann Shiraz Doongaji.
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 5 – 8B Nagpur Industrial Estate Uppalwadi Kamptee Road, Maharashtra, India – 440026.
As per the financials filed for FY 2025, the company reported a revenue of ₹34.35 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.16 Cr (net margin 3.4%) and EBITDA of ₹2.25 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company has about 75 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Stewols. As per MCA filings, the company has open charges of ₹7.73 Cr and satisfied charges of ₹7.91 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website stewols.com.
Company details
Contact details
Stewols India (P) Ltd's registered office is in Nagpur, Maharashtra. Its website is stewols.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5 – 8B Nagpur Industrial Estate Uppalwadi Kamptee Road, Maharashtra, India – 440026
- IndustryManufacturing, Construction Materials
To see the full contact details of Stewols India (P) Ltd, 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
Brands
Stewols India (P) operates one associated brand: Stewols. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality steel fibers and wool for global construction applications. | stewols.com |
Business activity
The main business activity of Stewols India (P) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Stewols India (P) Ltd, buy the company report.
Financials of Stewols India (P) Ltd
FY 2025 filings availableStewols India (P) Ltd reported revenue of ₹34.35 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 177% 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 |
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| EBITDA | ₹2.25 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹1.16 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 3.4% | ||||
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To see the full financial statements and ratios of Stewols India (P) Ltd, buy the company report.
Board of directors of Stewols India (P) Ltd
Stewols India (P) has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yohann Shiraz Doongaji Also directs: Handy Wires Private Limited, Stewols Bansal India Private Limited | Director | 22 May 2025 | 1 Years 5 Months | Current |
| Danush Shiraz Doongaji Also directs: Handy Wires Private Limited, Stewols Bansal India Private Limited | Director | 22 May 2025 | 1 Years 5 Months | Current |
| Shezad Shiraz Doongaji Also directs: Handy Wires Private Limited | Director | 05 Apr 2024 | 2 Years 7 Months | Current |
| Annahita Shiraz Doongaji | Director | 23 Feb 2007 | 19 Years 8 Months | Current |
| Shiraz Khurshedji Doongaji Also directs: Handy Wires Private Limited | Managing Director | 27 Jan 2007 | 19 Years 9 Months | Current |
| Shernaz Homi Sethna Also directs: Handy Wires Private Limited | Director | 14 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Stewols India (P) Ltd is audited by A B UPADHYE & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A B UPADHYE & Co | FY 2023 | 049354 |
Shareholding
The shareholding of Stewols India (P) Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Stewols India (P) Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2021 | 100486535 | Hdfc Bank Limited | ₹4.82 Lakh | Open | |
| 20 Sep 2010 | 10243757 | Bank of India | ₹3.84 Cr | Open | |
| 01 Sep 2007 | 10065810 | Bank of India | ₹3.84 Cr | Open | |
| 11 Apr 2014 | 10490753 | Bank of India | ₹75 Lakh | Satisfied | |
| 07 Oct 2011 | 10310929 | Bank of India | ₹3.5 Lakh | Satisfied |
To see the full charge records of Stewols India (P) Ltd, buy the company report.
Total charge records: 12 View all charges
Legal cases
Stewols India (P) Ltd has 10 court cases on record: 7 filed by Stewols India (P), 3 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 0 |
| High courts | 4 | 2 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against M/S Barde Food and Agro Industries Pvt.Ltd. and 1 other | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Impact Floors India Pvt Ltd | Disposed |
| District court, Nagpur, Maharashtra | Court case (M.A.N.R.J.I.) | Filed by the company against M/S KPK Engineering Co. Pvt. Ltd. and 2 others | Disposed |
| Bombay High Court | Court case (CAO) | Filed against the company by an individual | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by State of Maharashtra | Disposed |
To see the full case history of Stewols India (P) 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
Stewols India (P) Ltd has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 74 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Handy Wires Private Limited |
To see the full MSME payment records of Stewols India (P) Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Stewols India (P) Ltd has a workforce of 75 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Stewols India (P) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS5463Q1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stewols India (P) Ltd, buy the company report.
Recent activity
Stewols India (P) Ltd has 12 board changes on record since 2007: 6 appointments and 6 cessations. The latest: Danush Shiraz Doongaji ceased to be Additional Director on 29 Sep 2025.
29 earlier events are in the company report.
Frequently asked questions
Stewols India (P) is an active private limited company based in Nagpur, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 27 January 2007 (19+ years old) and is registered under CIN U51909MH2007PTC167326.
Stewols India (P) has 6 current directors:
- Shiraz Khurshedji Doongaji - Managing Director
- Yohann Shiraz Doongaji - Director
- Danush Shiraz Doongaji - Director
- Shezad Shiraz Doongaji - Director
- Annahita Shiraz Doongaji - Director
- Shernaz Homi Sethna - Director
The latest financial statements of Stewols India (P) 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 Stewols India (P) is 27AAKCS5463Q1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Stewols India (P) is U51909MH2007PTC167326. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stewols India (P) has 10 court cases on record: 7 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Stewols India (P) was incorporated on 27 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Danush Shiraz Doongaji ceased to be Additional Director on 29 Sep 2025. Yohann Shiraz Doongaji ceased to be Additional Director on 29 Sep 2025. Danush Shiraz Doongaji was appointed as Director on 22 May 2025. Stewols India (P) has 12 board changes on record in total.
Stewols India (P) has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 74 overdue payments to 1 micro and small supplier. The latest return was filed on 20 Oct 2019.
Stewols India (P) can be reached through the website stewols.com. Its registered office is in Nagpur, Maharashtra, India.
The registered office of Stewols India (P) is at 5 – 8B Nagpur Industrial Estate Uppalwadi Kamptee Road, Maharashtra, India – 440026.
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