STL Exports Limited
About STL Exports Limited
Data last updated:
STL Exports Limited is a public limited company based in Sarangpur Rajgarh, Madhya Pradesh, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 20 December 1993.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L27106MP1993PLC008010. The company has 4 GST registrations on record, none of which is active. It is a listed company as per MCA records.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹4.31 Cr. It is led by directors including Mahesh Sharma and Samarath Sisodiya Singh.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Taraganj Industrial Area A.B.Road, Sarangpur Rajgarh, Madhya Pradesh, India.
As per the financials filed for FY 2018, the company reported a revenue of ₹8.73 Cr, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹50.19 Lakh (net margin -5.7%) and EBITDA of -₹36.93 Lakh (EBITDA margin -4.2%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Siddhart. As per MCA filings, the company has open charges of ₹13.1 Cr and satisfied charges of ₹15 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it; 4 cases are pending.
Company details
CIN history
STL Exports has one previous CIN (Corporate Identification Number): U27106MP1993PLC008010. The current CIN is L27106MP1993PLC008010, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27106MP1993PLC008010 | Current |
| U27106MP1993PLC008010 | Previous |
Contact details
STL Exports Limited's registered office is in Sarangpur Rajgarh, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressTaraganj Industrial Area A.B.Road, Sarangpur Rajgarh, Madhya Pradesh, India
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of STL Exports 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
Brands
STL Exports operates one associated brand: Siddhart. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information regarding the company's core activities is available. | siddhart.com |
Business activity
The main business activity of STL Exports 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 STL Exports Limited, buy the company report.
Financials of STL Exports Limited
FY 2018 filings availableSTL Exports Limited reported revenue of ₹8.73 Cr (down 81% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 42% over three years, including a 81% fall in the latest year. EBITDA fell 237% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹8.73 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹36.93 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹50.19 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.2% | |||
| Net Profit Margin | -5.7% | |||
| 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 STL Exports Limited, buy the company report.
Board of directors of STL Exports Limited
STL Exports has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Sharma | Additional Director | 28 Mar 2017 | 9 Years 7 Months | As last reported |
| Samarath Sisodiya Singh | Additional Director | 28 Mar 2017 | 9 Years 7 Months | As last reported |
| Sunil Vyas | Additional Director | 28 Mar 2017 | 9 Years 7 Months | As last reported |
Peer comparison
STL Exports Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Techman Systems Private Limited | ₹8.82 Cr (FY 2025) | 146.0% | Navi Mumbai, Maharashtra, India | |||
| STL Exports Limitedthis company | ₹8.73 Cr (FY 2018) | -₹50.19 Lakh | -5.7% | -81.0% | 13 | Sarangpur Rajgarh, Madhya Pradesh, India |
| Mauni Moon Multi-Technologies Private Limited | ₹8.57 Cr (FY 2025) | 602.0% | Ahmedabad, Gujarat, India | |||
| Linkwell Seamless Tubes Private Limited | ₹8.51 Cr (FY 2020) | 58686.0% | Secunderabad, Telangana, India |
To see the full peer comparison of STL Exports Limited, buy the company report.
Auditor
STL Exports Limited is audited by S S GANDHI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S GANDHI & CO | FY 2018 | 002946C |
Shareholding
The shareholding of STL Exports Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of STL Exports Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2009 | 10160543 | The Cosmos Co-Operative Bank Limited | ₹4.9 Cr | Open | |
| 15 Apr 2009 | 10157168 | The Cosmos Co-Operative Bank Limited | ₹8.2 Cr | Open | |
| 28 Sep 1998 | 80037465 | State Bank of Indore | ₹15 Cr | Satisfied |
To see the full charge records of STL Exports Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
STL Exports Limited has 10 court cases on record: 3 filed by STL Exports, 7 filed against it. 4 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
| High courts | 2 | 1 | 0 |
| NCLT | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Indore | Insolvency matter | Filed against the company by Ayushajay Construction Private Limited | Disposed |
| Bombay High Court | Court case (LPETN) | Filed against the company by Khanna Industrial Pipes Private Limited | Disposed |
| District court, Jaipur Metro II, Rajasthan | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Cheque dishonour complaint | Filed against the company by an individual | Pending |
| District court, Jaipur Metro II, Rajasthan | Cheque dishonour complaint | Filed against the company by an individual | Pending |
To see the full case history of STL Exports 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 STL Exports Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
STL Exports Limited has a workforce of 13 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
STL Exports has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of STL Exports Limited, buy the company report.
Recent activity
STL Exports Limited has 17 board changes on record since 2000: 10 appointments and 7 cessations. The latest: Brij Kishore Rathi ceased to be Director on 28 Mar 2017.
13 earlier events are in the company report.
Frequently asked questions
STL Exports is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
STL Exports is a company under liquidation, formerly operating as a public limited company based in Sarangpur Rajgarh, Madhya Pradesh, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 20 December 1993 and is registered under CIN L27106MP1993PLC008010. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
STL Exports has 3 current directors:
- Mahesh Sharma - Additional Director
- Samarath Sisodiya Singh - Additional Director
- Sunil Vyas - Additional Director
The latest financial statements of STL Exports on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of STL Exports is L27106MP1993PLC008010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. STL Exports is a listed company as per MCA records.
STL Exports has open charges of ₹13.1 Cr and satisfied charges of ₹15 Cr as per latest MCA filings.
STL Exports has 10 court cases on record: 3 filed by the company and 7 filed against it. 4 are pending. Most are in the district courts.
STL Exports was incorporated on 20 December 1993. It is registered with the Registrar of Companies, Gwalior.
The peers of STL Exports by revenue are Techman Systems Private Limited, Mauni Moon Multi-Technologies Private Limited, Linkwell Seamless Tubes Private Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Brij Kishore Rathi ceased to be Director on 28 Mar 2017. Mahesh Sharma was appointed as Additional Director on 28 Mar 2017. Rekha Waluskar ceased to be Additional Director on 28 Mar 2017. STL Exports has 17 board changes on record in total.
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