MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0185829
STG Refractory Services Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.38 Cr
▼ 84% YoY
Net profit · FY 2024
₹1.03 Cr
Net margin 16.1%
EBITDA · FY 2024
₹1.6 Cr
EBITDA margin 25.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹3.88 Lakh
Issued & subscribed
Open charges
₹34 Lakh
Satisfied ₹11.65 Cr
Company age
42 yrs
Est. 1984
Employees · EPFO
107
Provident fund records
About STG Refractory Services Private Limited
Data last updated:
STG Refractory Services Private Limited 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 30 March 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28130MH1984PTC032539. Its GSTIN is 27AAACV1399L1ZU (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹3.88 Lakh. It was formerly known as Vinosha Boilers Pvt Ltd. It is led by directors Sudhakar Madhukar Ghade and Praful Ramchandra Jadhav.
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 705 Supremus IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.38 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 16.1%) and EBITDA of ₹1.6 Cr (EBITDA margin 25.1%). Revenue has declined at a compounded annual rate (CAGR) of 53% over three years and 5% over five years.
The company has about 107 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹34 Lakh and satisfied charges of ₹11.65 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
STG Refractory Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0185829). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website s-tgroup.com.
Company details
CIN U28130MH1984PTC032539
Registration Number 032539
Incorporation Date 30 March 1984
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-19-0185829
Recognitions & Rankings of STG Refractory Services
Contact details
STG Refractory Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is s-tgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No.705 Supremus IT Park, I Think Techno Campus Kanjurmarg East, Mumbai, Maharashtra, India – 400042
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of STG Refractory Services Private Limited, buy the company report.
Comprehensive company report
STG Refractory Services Private Limited - 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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Secure checkout · GST invoice included
Business activity
The main business activity of STG Refractory Services is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of STG Refractory Services Private Limited, buy the company report.
Financials of STG Refractory Services Private Limited
FY 2025 filings availableSTG Refractory Services Private Limited reported revenue of ₹6.38 Cr (down 84% YoY) for FY 2024.
Revenue · FY 2024
₹6.38 Cr ▼ 84%
Net profit · FY 2024
₹1.03 Cr margin 16.1%
EBITDA · FY 2024
₹1.6 Cr margin 25.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 53%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 53%
3 years · compounded
▲ 43%
5 years · compounded
▲ 8%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 84% fall in the latest year. EBITDA fell 53% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹1.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.03 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | ||||
| Net Profit Margin | 16.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of STG Refractory Services Private Limited, buy the company report.
Board of directors of STG Refractory Services Private Limited
STG Refractory Services has 2 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 |
|---|---|---|---|---|
| Sudhakar Madhukar Ghade Also directs: Insulref Technologies Private Limited | Director | 03 Aug 2022 | 4 Years 2 Months | Current |
| Praful Ramchandra Jadhav | Director | 26 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
STG Refractory Services Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (HR Outsourcing, Industrial Products Manufacturers), with the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amman Management Services Private Limited | ₹6.39 Cr (FY 2025) | 7.0% | Aurangabad, Maharashtra, India | |||
| Shriniwas Solution India Private Limited | ₹6.39 Cr (FY 2024) | 30.0% | Pune, Maharashtra, India | |||
| Qicheng Services Private Limited | ₹6.39 Cr (FY 2024) | 133.0% | Dadri, Uttar Pradesh, India | |||
| Sis Facilities India Private Limited | ₹6.38 Cr (FY 2024) | 23.0% | Pune, Maharashtra, India | |||
| STG Refractory Services Private Limitedthis company | ₹6.38 Cr (FY 2024) | ₹1.03 Cr | 16.1% | -84.0% | 107 | Mumbai, Maharashtra, India |
To see the full peer comparison of STG Refractory Services Private Limited, buy the company report.
Auditor
STG Refractory Services Private Limited is audited by C. M. GABHAWALA & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C. M. GABHAWALA & CO. | FY 2022 | 102870W |
Shareholding
The shareholding of STG Refractory Services Private 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of STG Refractory Services Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34 Lakh
Satisfied charges
₹11.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2022 | 100696408 | Axis Bank Limited | ₹21 Lakh | Open | |
| 17 Apr 2018 | 100177124 | Hdfc Bank Limited | ₹13 Lakh | Open | |
| 12 Apr 2018 | 100177123 | Hdfc Bank Limited | ₹2.5 Cr | Satisfied | |
| 12 Jan 2015 | 10547561 | Axis Bank Limited | ₹7.5 Cr | Satisfied | |
| 14 Jun 2011 | 10294059 | The Saraswat Co-Operative Bank Ltd | ₹1 Cr | Satisfied |
To see the full charge records of STG Refractory Services Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
STG Refractory Services Private Limited has 1 court case on record: 1 filed by STG Refractory Services. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Company petition | Filed by the company against Andhra Cement Limited | Disposed |
To see the full case history of STG Refractory Services Private 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
STG Refractory Services Private Limited has 5 MSME Form 1 returns on record between 2020 and 2021, listing 43 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Ganatra Heavy Lifters | |||
| Ceratech Industrial Services | |||
| Baroda Heatup Controls Private Limited | |||
| an individual supplier |
To see the full MSME payment records of STG Refractory Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
STG Refractory Services has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Insulref Technologies Private Limited | U74999MH2013PTC250625 |
To see the full group structure of STG Refractory Services Private Limited, buy the company report.
Employees & EPFO
STG Refractory Services Private Limited has a workforce of 107 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
107
Active EPFO establishments
1
Employee growth
21.59%
GST
STG Refractory Services has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV1399L1ZU | Maharashtra | Active | 01 Jul 2017 |
| 24AAACV1399L1Z0 | Gujarat | Active | 12 Jul 2017 |
| 29AAACV1399L1ZQ | Karnataka | Active | 02 Aug 2021 |
To see the full GST registrations and return filing status of STG Refractory Services Private Limited, buy the company report.
Recent activity
STG Refractory Services Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Praful Ramchandra Jadhav ceased to be Additional Director on 29 Sep 2025.
AGM
Stg Refractory Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Praful Ramchandra Jadhav ceased to be Additional Director.
Filing
Stg Refractory Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Ajay Narottam Tanna ceased to be Director.
Appointed
Praful Ramchandra Jadhav was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.21 Cr with Charge ID 100696408 was registered on 17 Oct 2022.
Charges
A charge registered on 12 Apr 2018 via Charge ID 100177123 with Hdfc Bank Limited was fully satisfied on 06 Oct 2022.
Ceased
Sudhakar Madhukar Ghade ceased to be Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 0.13 Cr registered on 17 Apr 2018 with Charge ID 100177124 was modified on 19 Aug 2022.
Appointed
Sudhakar Madhukar Ghade was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 2.50 Cr registered on 12 Apr 2018 with Charge ID 100177123 was modified on 19 Mar 2021.
Charges
A charge registered on 12 Jan 2015 via Charge ID 10547561 with Axis Bank Limited was fully satisfied on 22 May 2018.
24 earlier events are in the company report.
Frequently asked questions
STG Refractory Services 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 30 March 1984 (42+ years old) and is registered under CIN U28130MH1984PTC032539.
STG Refractory Services has 2 current directors:
- Sudhakar Madhukar Ghade - Director
- Praful Ramchandra Jadhav - Director
The latest financial statements of STG Refractory Services 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 STG Refractory Services is 27AAACV1399L1ZU, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACV1399L1Z0 (Gujarat), 29AAACV1399L1ZQ (Karnataka).
The CIN (Corporate Identification Number) of STG Refractory Services is U28130MH1984PTC032539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
STG Refractory Services has 1 court case on record: 1 filed by the company.
STG Refractory Services was incorporated on 30 March 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of STG Refractory Services by revenue are Amman Management Services Private Limited, Shriniwas Solution India Private Limited, Qicheng Services Private Limited, Sis Facilities India Private Limited, all in the Machinery and Equipment industry (HR Outsourcing, Industrial Products Manufacturers), with the same principal business activity (other support services to organizations).
Praful Ramchandra Jadhav ceased to be Additional Director on 29 Sep 2025. Ajay Narottam Tanna ceased to be Director on 27 Nov 2024. Praful Ramchandra Jadhav was appointed as Director on 26 Nov 2024. STG Refractory Services has 9 board changes on record in total.
Yes, STG Refractory Services is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0185829).
STG Refractory Services has 5 MSME Form 1 returns on record between 2020 and 2021, listing 43 overdue payments to 8 micro and small suppliers. The latest return was filed on 28 Oct 2021.
STG Refractory Services can be reached through the website s-tgroup.com. Its registered office is in Mumbai, Maharashtra, India.