MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0019823
Stride Organics Private Limited - chemicals and materials in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹72.83 Cr
▲ 57% YoY
Net profit · FY 2023
₹5.33 Cr
Net margin 7.3%
EBITDA · FY 2023
₹7.69 Cr
EBITDA margin 10.6%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹1.94 Cr
Issued & subscribed
Open charges
₹18.8 Cr
Satisfied ₹1.15 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
15
Provident fund records
About Stride Organics Private Limited
Data last updated:
Stride Organics Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 11 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24239TG2005PTC046195. Its GSTIN is 36AAJCS1142B1ZT (Telangana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.94 Cr. It is led by directors Narsin Surender and Narsin Akash.
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 Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹72.83 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹5.33 Cr (net margin 7.3%) and EBITDA of ₹7.69 Cr (EBITDA margin 10.6%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 21% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.8 Cr and satisfied charges of ₹1.15 Cr on record. Court records list 9 cases involving the company, including 2 filed by the company and 7 filed against it; 3 cases are pending. The company has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.93 Cr; the latest was in January 2024.
Stride Organics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0019823). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website strideorgs.com.
Company details
CIN U24239TG2005PTC046195
Registration Number 046195
Incorporation Date 11 May 2005
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0019823
CIN history
Stride Organics has one previous CIN (Corporate Identification Number): U24239AP2005PTC046195. The current CIN is U24239TG2005PTC046195, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24239TG2005PTC046195 | Current |
| U24239AP2005PTC046195 | Previous |
Key People
Narsin Surender Director Narsin Akash Director Recognitions & Rankings of Stride Organics
Contact details
Stride Organics Private Limited's registered office is in Hyderabad, Telangana.
- Registered Address2 – 4 – 902 Nimboliadda, Kachiguda, Hyderabad, Telangana, India – 500027
- IndustryChemicals and Materials, Industrial Chemicals
Comprehensive company report
Stride Organics Private Limited - 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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Financials of Stride Organics Private Limited
FY 2024 filings availableStride Organics Private Limited reported revenue of ₹72.83 Cr (up 57% YoY) for FY 2023.
Revenue · FY 2023
₹72.83 Cr ▲ 57%
Net profit · FY 2023
₹5.33 Cr margin 7.3%
EBITDA · FY 2023
₹7.69 Cr margin 10.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 19%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 24%
5 years · compounded
▲ 29%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 57% growth in the latest year. EBITDA rose 56% 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 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 | ₹72.83 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.33 Cr | ||||
| 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 | 10.6% | ||||
| Net Profit Margin | 7.3% | ||||
| 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 Stride Organics Private Limited, buy the company report.
Board of directors of Stride Organics Private Limited
Stride Organics has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narsin Surender | Director | 22 Jan 2009 | 17 Years 9 Months | Current |
| Narsin Akash Also directs: Unifranco Life Sciences Pvt Ltd | Director | 05 May 2022 | 4 Years 5 Months | Current |
Charges & borrowings
Open charges
₹18.8 Cr
Satisfied charges
₹1.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2023 | 100700191 | Idbi Bank Limited | ₹4.8 Cr | Open | |
| 21 Mar 2023 | 100706242 | Canara Bank | ₹11 Cr | Open | |
| 24 Aug 2020 | 100364344 | Others | ₹3 Cr | Open | |
| 27 Mar 2013 | 10427220 | State Bank of India | ₹1.15 Cr | Satisfied |
To see the full charge records of Stride Organics Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Stride Organics Private Limited has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.93 Cr; the latest was in January 2024.
Total deals
8
Secondary share transfers
6
Funding rounds
2
Disclosed funding
₹1.93 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Dynamed Pharmaceuticals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Stride Organics Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Stride Organics Private Limited has 9 court cases on record: 2 filed by Stride Organics, 7 filed against it. 3 cases are pending and 6 are disposed.
Total cases
9
Filed by the company
2
Filed against the company
7
Pending
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Court case (COS) | Filed against the company by Ms Concord Drugs Ltd Rep by Its Managing Director S Nagi Reddy | Pending |
| High Court, TELANGANA | Court case (CRLP) | Filed by the company against Union of India | Pending |
| District court, Hyderabad Central, Telangana | Criminal complaint | Filed against the company by Union of India Rep by Durgs Inspector Smt. Sunita Joshi | Pending |
| District court, Hyderabad Central, Telangana | Court case (CRLRP) | Filed against the company by Union of India, Rep.By Drugs Inspector Smt. Sunita Joshi | Disposed |
| High Court, TELANGANA | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Stride Organics 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.
Credit ratings & regulatory alerts
Stride Organics Private Limited was last rated by Crisil on 30 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Dec 2019 |
To see the full credit ratings and regulatory alerts of Stride Organics Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Stride Organics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Stride Organics has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAJCS1142B1ZT | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Stride Organics Private Limited, buy the company report.
Recent activity
Stride Organics Private Limited has 13 board changes on record since 2009: 2 appointments and 11 cessations. The latest: Narsin Bhavani ceased to be Director on 11 Jul 2023.
AGM
Stride Organics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Canara Bank of Rs. 11.00 Cr registered on 21 Mar 2023 with Charge ID 100706242 was modified on 08 Jul 2024.
Filing
Stride Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Ceased
Narsin Bhavani ceased to be Director.
Charges
A charge with Idbi Bank Limited amounted to Rs. 4.80 Cr with Charge ID 100700191 was registered on 27 Mar 2023.
Charges
A charge with Canara Bank amounted to Rs. 11.00 Cr with Charge ID 100706242 was registered on 21 Mar 2023.
Ceased
Laxman Terala ceased to be Director.
Ceased
Terala Srinivas ceased to be Director.
Ceased
Narsin Akash ceased to be Additional Director.
Appointed
Narsin Akash was appointed as Director.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100364344 was registered on 24 Aug 2020.
Charges
A charge registered on 27 Mar 2013 via Charge ID 10427220 with State Bank Of India was fully satisfied on 30 Apr 2019.
10 earlier events are in the company report.
Frequently asked questions
Stride Organics is an active private limited company based in Hyderabad, Telangana, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 11 May 2005 (21+ years old) and is registered under CIN U24239TG2005PTC046195.
Stride Organics has 2 current directors:
- Narsin Surender - Director
- Narsin Akash - Director
The latest financial statements of Stride Organics 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 Stride Organics is 36AAJCS1142B1ZT, registered in Telangana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Stride Organics is U24239TG2005PTC046195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Stride Organics has 9 court cases on record: 2 filed by the company and 7 filed against it. 3 are pending. Most are in the district courts.
Stride Organics was incorporated on 11 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Hyderabad.
Stride Organics has 8 deals on record (6 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.93 Cr; the latest was in January 2024.
Narsin Bhavani ceased to be Director on 11 Jul 2023. Laxman Terala ceased to be Director on 01 Dec 2022. Terala Srinivas ceased to be Director on 01 Dec 2022. Stride Organics has 13 board changes on record in total.
Yes, Stride Organics is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0019823).
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