Stone Masters (India) Private Limited
About Stone Masters (India) Private Limited
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Stone Masters (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 02 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1995PTC084212. Its GSTIN is 27AADCS1003R1Z9 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.85 Cr. It was formerly known as Stone Masters (India) Limited. It is led by directors including Ritu Surendra Kumar Choraria and Deepak Nemnath Jatia.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Marathon Innova A Wing 7th Floor Off: Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.94 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹8.93 Cr (net margin 150.3%) and EBITDA of ₹3.74 Cr (EBITDA margin 63%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 16% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹224.19 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Stone Masters (India) has one previous CIN (Corporate Identification Number): U67120MH1995PLC084212. The current CIN is U67120MH1995PTC084212, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67120MH1995PTC084212 | Current |
| U67120MH1995PLC084212 | Previous |
Contact details
Stone Masters (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMarathon Innova A Wing 7th Floor Off: Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryMetals and Minerals, Mining & Mineral Extraction
To see the full contact details of Stone Masters (India) Private 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
Business activity
The main business activity of Stone Masters (India) is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Stone Masters (India) Private Limited, buy the company report.
Financials of Stone Masters (India) Private Limited
FY 2024 filings availableStone Masters (India) Private Limited reported revenue of ₹5.94 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA rose 30% 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 | ₹3.74 Cr | ||||
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| Net Profit (PAT) | ₹8.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 63% | ||||
| Net Profit Margin | 150.3% | ||||
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To see the full financial statements and ratios of Stone Masters (India) Private Limited, buy the company report.
Board of directors of Stone Masters (India) Private Limited
Stone Masters (India) has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Surendra Kumar Choraria Also directs: Asi Steel and Energy Limited | Director | 31 Jan 2024 | 2 Years 8 Months | Current |
| Deepak Nemnath Jatia | Director | 30 Sep 2016 | 10 Years 1 Months | Current |
| Tushya Jatia | Director | 05 Aug 2022 | 4 Years 2 Months | Current |
Auditor
Stone Masters (India) Private Limited is audited by Rajendra K Gupta & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajendra K Gupta & Associates | FY 2022 | 108373W |
Shareholding
The shareholding of Stone Masters (India) 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 Stone Masters (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jul 2021 | 100477442 | Others | ₹8.29 Cr | Satisfied | |
| 30 Mar 2021 | 100435722 | Yes Bank Limited | ₹46 Cr | Satisfied | |
| 02 Mar 2021 | 100431483 | Others | ₹4 Cr | Satisfied | |
| 02 Mar 2021 | 100431491 | Others | ₹4 Cr | Satisfied | |
| 30 Sep 2019 | 100302911 | Others | ₹46 Cr | Satisfied |
To see the full charge records of Stone Masters (India) Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Stone Masters (India) Private Limited has 3 court cases on record: 3 filed by Stone Masters (India). 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kota, Rajasthan | Civil suit | Filed by the company against M/S Monga Marble Traders | Pending |
| Bombay High Court | Court case (CSP) | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company against an individual | Disposed |
To see the full case history of Stone Masters (India) 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
No delayed payments to MSME suppliers are on our record for Stone Masters (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Stone Masters (India) has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Stone Masters (India) Private Limited has a workforce of 1 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Stone Masters (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCS1003R1Z9 | Maharashtra | Active | 01 Jul 2017 |
| 08AADCS1003R1Z9 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stone Masters (India) Private Limited, buy the company report.
Recent activity
Stone Masters (India) Private Limited has 12 board changes on record since 2013: 3 appointments and 9 cessations. The latest: Ritu Surendra Kumar Choraria ceased to be Additional Director on 29 Sep 2024.
30 earlier events are in the company report.
Frequently asked questions
Stone Masters (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 02 January 1995 (31+ years old) and is registered under CIN U67120MH1995PTC084212.
Stone Masters (India) has 3 current directors:
- Ritu Surendra Kumar Choraria - Director
- Deepak Nemnath Jatia - Director
- Tushya Jatia - Director
The latest financial statements of Stone Masters (India) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Stone Masters (India) is 27AADCS1003R1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AADCS1003R1Z9 (Rajasthan).
The CIN (Corporate Identification Number) of Stone Masters (India) is U67120MH1995PTC084212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stone Masters (India) has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the high courts.
Stone Masters (India) was incorporated on 02 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Ritu Surendra Kumar Choraria ceased to be Additional Director on 29 Sep 2024. Ritu Surendra Kumar Choraria was appointed as Director on 31 Jan 2024. Shiv Charan Gupta ceased to be Director on 30 Jan 2024. Stone Masters (India) has 12 board changes on record in total.
The registered office of Stone Masters (India) is at Marathon Innova A Wing 7th Floor Off: Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
Stone Masters (India) operates in the metals and minerals industry, in the mining and mineral extraction segment.