About Stone India Ltd
Data last updated:
Stone India Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the railway equipment and supply segment of the transport and logistics sector. It was incorporated on 15 January 1931 and has been in existence for over 95 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U35201WB1931PLC006996. The company has 7 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹54 Cr. It was formerly known as J. Stone & Co. (I) Ltd and J. Stone & Co. (I) Pvt Ltd. It is led by directors including Shradha Lohia and Chinmaya Panda.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16 Taratalla Road Alipore, Kolkata, West Bengal, India – 700088.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.47 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹6.28 Cr and EBITDA of -₹4.16 Cr.
Its group structure includes 4 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹104.12 Cr on record. Court records list 166 cases involving the company, including 45 filed by the company and 121 filed against it; 39 cases are pending. The company has 68 deals on record (68 market trades); the latest was in October 2017.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website stoneindia.co.in.
Company details
Name history
Stone India has undergone 3 name changes throughout its history. The company was previously known as J. Stone & Co. (I) Ltd, J. Stone & Co. (I) Pvt Ltd, and Stone Platt Electrical (I) Ltd. The current legal name is Stone India Ltd.
| Company Name | Status |
|---|---|
| Stone India Ltd | Current |
| J. Stone & Co. (I) Ltd | Previous |
| J. Stone & Co. (I) Pvt Ltd | Previous |
| Stone Platt Electrical (I) Ltd | Previous |
CIN history
Stone India has one previous CIN (Corporate Identification Number): L35201WB1931PLC006996. The current CIN is U35201WB1931PLC006996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35201WB1931PLC006996 | Current |
| L35201WB1931PLC006996 | Previous |
Contact details
Stone India Ltd's registered office is in Kolkata, West Bengal. Its website is stoneindia.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address16 Taratalla Road Alipore, Kolkata, West Bengal, India – 700088
- IndustryTransport and Logistics, Railway Equipment & Supply
To see the full contact details of Stone India 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
Business activity
The main business activity of Stone India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of Stone India Ltd
FY 2025 filings availableStone India Ltd reported revenue of ₹55.47 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA rose 94% in the latest 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 | -₹4.16 Cr | ||||
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| Net Profit (PAT) | -₹6.28 Cr | ||||
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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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To see the full financial statements and ratios of Stone India Ltd, buy the company report.
Board of directors of Stone India Ltd
Stone India has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shradha Lohia | Director | 29 Feb 2024 | 2 Years 7 Months | Current |
| Chinmaya Panda Also directs: Hindtech Defence Systems Private Limited | Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Vikash Lohia Also directs: Jupiter Wagons Limited, Jupiter Tatravagonka Railwheel Factory Private Limited, JWL Dako-Cz (India) Private Limited and 1 more | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Navin Nayar | Additional Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Rajiv Kumar Tulsyan Also directs: Habitation Realestate LLP, Hindtech Defence Systems Private Limited, Jupiter Rail Mobility Private Limited and 2 more | Director | 30 Jun 2023 | 3 Years 3 Months | Current |
| Madhuchhanda Chatterjee | Director | 30 Jun 2023 | 3 Years 3 Months | Current |
Auditor
Stone India Ltd is audited by LODHA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & CO | FY 2016 | 301051E |
Shareholding
The shareholding of Stone India Ltd is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Stone India Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Aug 2014 | 10517588 | Others | ₹8 Cr | Satisfied | |
| 15 Nov 2011 | 10323424 | State Bank of Bikaner & Jaipur | ₹8.5 Cr | Satisfied | |
| 07 Dec 2009 | 10192437 | Icici Bank Limited | ₹8 Cr | Satisfied | |
| 21 Nov 2008 | 10132406 | Icici Bank Limited | ₹15 Cr | Satisfied | |
| 01 Apr 2008 | 10096130 | Orix Auto Infrastructure Services Limited | ₹1.68 Cr | Satisfied |
To see the full charge records of Stone India Ltd, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Stone India Ltd has 68 deals on record (68 market trades); the latest was in October 2017.
Deals on record (5 of 68)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Market trade | ₹32.3 Lakh | Buyer: SPS Finquest Limited Seller: SPS Multi-Commodity LLP |
| Feb 2016 | Market trade | ₹37.5 Lakh | Buyer: SPS Multi-Commodity LLP Seller: an individual |
| Jul 2015 | Market trade | ₹32.3 Lakh | Buyer: Tradelink Exim (India) Private Limited |
| Nov 2014 | Market trade | ₹79.6 Lakh | Buyer: Mallinath Shares and Stock Private Limited Seller: Mallinath Shares and Stock Private Limited |
| Feb 2012 | Market trade | ₹14.5 Lakh | Buyer: Touchline Securities Private Limited |
To see the full deal history of Stone India Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Stone India Ltd has 166 court cases on record: 45 filed by Stone India, 121 filed against it. 39 cases are pending and 127 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 74 | 61 | 25 |
| High courts | 51 | 21 | 3 |
| NCLAT | 22 | 22 | 10 |
| NCLT | 14 | 14 | 0 |
| Supreme Court | 5 | 3 | 1 |
Cases on record (5 of 166)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Star Paper Mills Limited | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by M/S Element14 (India) Private Limited, Rep. by Its Finance Manager, Vivek Agarwal | Pending |
| High Court | Civil suit | Filed by the company against International Chamber of Commerce & Anr. | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Star Paper Mills Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Star Paper Mills Limited | Disposed |
To see the full case history of Stone India 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.
Credit ratings & regulatory alerts
Stone India Ltd was last rated by Care on 10 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 10 Feb 2023 |
To see the full credit ratings and regulatory alerts of Stone India Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Stone India Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Stone India has 4 subsidiary companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Stone Intermodal Private Limited | U51909WB2008PTC129960 | |
| Stone Intermodal Private Limited | U51909WB2008PTC129960 | |
| Stone Bio-Tech Private Limited | U90000WB2011PTC162800 | |
| Stone Bio-Tech Private Limited | U90000WB2011PTC162800 |
To see the full group structure of Stone India Ltd, buy the company report.
GST
Stone India has 7 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 Stone India Ltd, buy the company report.
Recent activity
Stone India Ltd has 23 board changes on record since 2009: 6 appointments and 17 cessations. The latest: Navin Nayar was appointed as Additional Director on 01 Apr 2025.
45 earlier events are in the company report.
Frequently asked questions
Stone India is an active public limited company based in Kolkata, West Bengal, India. The company works in railway equipment and supply, within the transport and logistics industry. It was incorporated on 15 January 1931 (95+ years old) and is registered under CIN U35201WB1931PLC006996.
Stone India has 6 current directors:
- Shradha Lohia - Director
- Chinmaya Panda - Director
- Vikash Lohia - Additional Director
- Navin Nayar - Additional Director
- Rajiv Kumar Tulsyan - Director
- Madhuchhanda Chatterjee - Director
The latest financial statements of Stone India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
No. Stone India has 7 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Stone India is U35201WB1931PLC006996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stone India has 166 court cases on record: 45 filed by the company and 121 filed against it. 39 are pending. Most are in the district courts.
Stone India was incorporated on 15 January 1931, making it 95+ years old. It is registered with the Registrar of Companies, Kolkata.
Stone India has 68 deals on record (68 market trades); the latest was in October 2017.
Navin Nayar was appointed as Additional Director on 01 Apr 2025. Vikash Lohia was appointed as Additional Director on 01 Apr 2025. Chinmaya Panda ceased to be Additional Director on 22 Sep 2024. Stone India has 23 board changes on record in total.
Stone India can be reached through the website stoneindia.co.in. Its registered office is in Kolkata, West Bengal, India.