MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0033686
Stonelab Elements LLP
Stonelab Elements LLP - consumer goods in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹13.71 Cr
▲ 6% YoY
Net profit · FY 2023
₹90.33 Lakh
Net margin 6.6%
EBITDA · FY 2023
₹4.3 Cr
EBITDA margin 31.4%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹20.92 Cr
Secured borrowings
LLP age
7 yrs
Est. 2019
Employees · EPFO
9
Provident fund records
Designated partners
3
As per MCA filings
About Stonelab Elements LLP
Data last updated:
Stonelab Elements LLP is a limited liability partnership (LLP) based in Surat, Gujarat, India. It operates in the watches and jewelry manufacturing segment of the consumer goods sector. It was incorporated on 01 April 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAO-7333. Its GSTIN is 24ADXFS0803R1ZD (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Paresh Babulal Mehta and Shashvat Piyush Sadhani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at J – 18 19 Guj. Hira Bourse Ichchhapore, Surat, Gujarat, India – 394510.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹13.71 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹90.33 Lakh (net margin 6.6%) and EBITDA of ₹4.3 Cr (EBITDA margin 31.4%).
The LLP has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹20.92 Cr on record.
Stonelab Elements LLP is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0033686).
Company details
LLPIN AAO-7333
Incorporation Date 01 April 2019
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0033686
Key People
Paresh Babulal Mehta Designated Partner Shashvat Piyush Sadhani Designated Partner Sanket Babubhai Mehta Designated Partner Recognitions & Rankings of Stonelab Elements
Contact details
Stonelab Elements LLP's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressJ – 18 19 Guj. Hira Bourse Ichchhapore, Surat, Gujarat, India – 394510
- IndustryConsumer Goods, Watches & Jewelry Manufacturing
To see the full contact details of Stonelab Elements LLP, buy the company report.
Comprehensive company report
Stonelab Elements LLP - 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
Financials of Stonelab Elements LLP
FY 2025 filings availableStonelab Elements LLP reported revenue of ₹13.71 Cr (up 6% YoY) for FY 2023.
Revenue · FY 2023
₹13.71 Cr ▲ 6%
Net profit · FY 2023
₹90.33 Lakh margin 6.6%
EBITDA · FY 2023
₹4.3 Cr margin 31.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
EBITDA CAGR growth
1 year
▼ 27%
Revenue rose 6% in the latest year. EBITDA fell 27% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ||||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹90.33 Lakh | |||
| Profit Transferred to Partners | ||||
| Assets and Liabilities | ||||
| Partners' Contribution | ||||
| Reserves and Surplus | ||||
| Secured Loans | ||||
| Unsecured Loans | ||||
| Trade Payables | ||||
| Other Liabilities and Provisions | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Loans and Advances | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 6.6% | |||
| Return on Partners' Funds | ||||
| Return on Assets | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Debt to Partners' Funds | ||||
| Interest Coverage | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Turnover Growth | ||||
| Profit Growth | ||||
To see the full financial statements and ratios of Stonelab Elements LLP, buy the company report.
Designated partners of Stonelab Elements LLP
Stonelab Elements has 3 designated partners on record. No former designated partners are listed.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Babulal Mehta | Designated Partner | 01 Apr 2019 | 7 Years 6 Months | Current |
| Shashvat Piyush Sadhani | Designated Partner | 01 Apr 2019 | 7 Years 6 Months | Current |
| Sanket Babubhai Mehta Also directs: Gujarat Hira Bourse | Designated Partner | 01 Apr 2019 | 7 Years 6 Months | Current |
Charges & borrowings
Open charges
₹20.92 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2023 | 100697352 | The Surat Peoples Co Op Bank Limited | ₹5.88 Cr | Open | |
| 08 Dec 2021 | 100646059 | The Surat Peoples Co Op Bank Limited | ₹4.61 Cr | Open | |
| 04 Jan 2021 | 100462239 | The Surat People'S Co-Operative Bank Limited | ₹5.21 Cr | Open | |
| 04 Jan 2021 | 100462903 | The Surat People'S Co-Operative Bank Limited | ₹5.21 Cr | Open |
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Stonelab Elements LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Stonelab Elements LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Stonelab Elements LLP has a workforce of 14 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
14
Active EPFO establishments
1
Employee growth
40%
GST
Stonelab Elements has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ADXFS0803R1ZD | Gujarat | Active | 07 May 2019 |
To see the full GST registrations and return filing status of Stonelab Elements LLP, buy the company report.
Recent activity
Stonelab Elements LLP has 3 designated partner changes on record since 2019: 3 appointments. The latest: Paresh Babulal Mehta was appointed as Designated Partner on 01 Apr 2019.
AGM
Stonelab Elements Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Stonelab Elements Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with The Surat Peoples Co Op Bank Limited amounted to Rs. 588.00 Lakh with Charge ID 100697352 was registered on 21 Mar 2023.
Charges
A charge with The Surat Peoples Co Op Bank Limited amounted to Rs. 461.25 Lakh with Charge ID 100646059 was registered on 08 Dec 2021.
Charges
A charge with The Surat People'S Co-Operative Bank Limited amounted to Rs. 521.28 Lakh with Charge ID 100462239 was registered on 04 Jan 2021.
Charges
A charge with The Surat People'S Co-Operative Bank Limited amounted to Rs. 521.28 Lakh with Charge ID 100462903 was registered on 04 Jan 2021.
Appointed
Paresh Babulal Mehta was appointed as Designated Partner.
Appointed
Sanket Babubhai Mehta was appointed as Designated Partner.
Appointed
Shashvat Piyush Sadhani was appointed as Designated Partner.
Incorporation
01 Apr 2019
Stonelab Elements Llp was registered on 01 Apr 2019 with Roc Ahmedabad & aged 7 years 6 months as per MCA records.
Frequently asked questions
Stonelab Elements is an active limited liability partnership based in Surat, Gujarat, India. The LLP works in watches and jewelry manufacturing, within the consumer goods industry. It was incorporated on 01 April 2019 (7+ years old) and is registered under LLPIN AAO-7333.
Stonelab Elements has 3 current designated partners:
- Paresh Babulal Mehta - Designated Partner
- Shashvat Piyush Sadhani - Designated Partner
- Sanket Babubhai Mehta - Designated Partner
The latest financial statements of Stonelab Elements on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Stonelab Elements is 24ADXFS0803R1ZD, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Stonelab Elements is AAO-7333. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Stonelab Elements was incorporated on 01 April 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Paresh Babulal Mehta was appointed as Designated Partner on 01 Apr 2019. Sanket Babubhai Mehta was appointed as Designated Partner on 01 Apr 2019. Shashvat Piyush Sadhani was appointed as Designated Partner on 01 Apr 2019.
Yes, Stonelab Elements is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0033686).
The registered office of Stonelab Elements is at J – 18 19 Guj. Hira Bourse Ichchhapore, Surat, Gujarat, India – 394510.
Stonelab Elements operates in the consumer goods industry, in the watches and jewelry manufacturing segment.