
Stiles India Limited
About Stiles India Limited
Data last updated:
Stiles India Limited is a public limited company based in Andhra Pradesh, India, a subsidiary of Spartek Ceramics India Limited. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 03 September 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U99999AP1985PLC005758.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹33.64 Cr. It is led by directors including Lakshmana Rao and Suresh Babu Chintapalli.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at F4 Poonam Apartmentchirag Ali Lane Hyderabad., Andhra Pradesh, India.
As per MCA filings, the company has open charges of ₹7.47 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Stiles India has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U99999AP1985PLC005758, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999AP1985PLC005758 | Current |
| L99999AP1985PLC005758 | Previous |
| U99999AP1985PTC005758 | Previous |
Contact details
Stiles India Limited's registered office is in Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF4 Poonam Apartmentchirag Ali Lane Hyderabad., Andhra Pradesh, India
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Stiles India 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 Stiles India Limited
FY 2023 filings availableFinancial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Stiles India Limited, buy the company report.
Board of directors of Stiles India Limited
Stiles India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmana Rao Also directs: Spartek Zhonghe Sports LLP, Apvresources Private Limited, Spartek Ceramics India Limited and 1 more | Director | 30 Apr 2008 | 18 Years 5 Months | Current |
| Narasimha Rao | Additional Director | 09 Mar 2022 | 4 Years 7 Months | Current |
| Suresh Babu Chintapalli | Director | 29 Dec 2005 | 20 Years 9 Months | Current |
Auditor
Stiles India Limited is audited by SUNDARARAMAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUNDARARAMAN & CO | FY 2023 | 004219S |
Shareholding
The shareholding of Stiles India Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Stiles India Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Oct 1998 | 90340988 | State Bank of Saurashtra | ₹1 Cr | Open | |
| 27 Dec 1990 | 90340683 | State Bank of Saurastra | ₹1.25 Cr | Open | |
| 16 Nov 1990 | 90342613 | Industrial Development Bank of India | ₹26.5 Lakh | Open | |
| 27 Oct 1990 | 90342608 | State Bank of India | ₹1.25 Cr | Open | |
| 27 Dec 1989 | 90340648 | The Industrial Credit and Investment Corporation of India Li | ₹60 Lakh | Open |
To see the full charge records of Stiles India Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Stiles India Limited has 11 court cases on record: 3 filed by Stiles India, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 0 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
| High Court, TELANGANA | Company petition | Filed by the company | Disposed |
| High Court, TELANGANA | Company petition | Filed against the company by Indocean Ventures (Mauritius) | Disposed |
| High Court, TELANGANA | Company petition | Filed against the company by Indocean Investment (Mauritius) | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Commr. of Income Tax Appeals V.Wada & | Disposed |
To see the full case history of Stiles India 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 Stiles India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Stiles India Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Stiles India Limited has 4 board changes on record since 2005: 3 appointments and 1 cessation. The latest: Bandlamudi Sivaramakrishna Shailendar ceased to be Director on 09 Mar 2022.
3 earlier events are in the company report.
Frequently asked questions
Stiles India is an active public limited company based in Andhra Pradesh, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 03 September 1985 (41+ years old) and is registered under CIN U99999AP1985PLC005758.
Stiles India has 3 current directors:
- Lakshmana Rao - Director
- Narasimha Rao - Additional Director
- Suresh Babu Chintapalli - Director
The latest financial statements of Stiles India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Stiles India is U99999AP1985PLC005758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stiles India has 11 court cases on record: 3 filed by the company and 8 filed against it. Most are in the high courts.
Stiles India was incorporated on 03 September 1985, making it 41+ years old. It is registered with the Registrar of Companies, Vijayawada.
Bandlamudi Sivaramakrishna Shailendar ceased to be Director on 09 Mar 2022. Narasimha Rao was appointed as Additional Director on 09 Mar 2022. Lakshmana Rao was appointed as Director on 30 Apr 2008. Stiles India has 4 board changes on record in total.
The registered office of Stiles India is at F4 Poonam Apartmentchirag Ali Lane Hyderabad., Andhra Pradesh, India.
Stiles India operates in the metals and minerals industry, in the construction materials retail and distribution segment.
Stiles India has open charges of ₹7.47 Cr and no satisfied charges on record as per latest MCA filings.