MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-RJ-17-0198378
Thar Stonex Private Limited
Thar Stonex Private Limited - metals and minerals in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.86 Cr
▲ 48% YoY
Net profit · FY 2025
₹9.37 Lakh
Net margin 3.3%
EBITDA · FY 2025
₹40.23 Lakh
EBITDA margin 14.1%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Open charges
₹44 Lakh
Secured borrowings
Company age
19 yrs
Est. 2007
Directors on board
2
As per MCA filings
About Thar Stonex Private Limited
Data last updated:
Thar Stonex Private Limited is a private limited company based in Jaipur, Rajasthan, India. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 14 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U14101RJ2007PTC024016. Its GSTIN is 08AACCT6832G1Z9 (Rajasthan).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Om Prakash Kasat and Piyush Kasat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at T – 5 Raghushree Apartments Bani Park, Jaipur, Rajasthan, India – 302016.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.86 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net profit of ₹9.37 Lakh (net margin 3.3%) and EBITDA of ₹40.23 Lakh (EBITDA margin 14.1%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹44 Lakh on record.
Thar Stonex Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0198378). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Thar Stonex Private Limited
CIN U14101RJ2007PTC024016
Registration Number 024016
Incorporation Date 14 March 2007
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-RJ-17-0198378
Key People
Om Prakash Kasat Director Piyush Kasat Director Recognitions & Rankings of Thar Stonex
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressT – 5 Raghushree Apartments Bani Park, Jaipur, Rajasthan, India – 302016
- IndustryMetals and Minerals, Mining & Mineral Extraction
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Business Activity of Thar Stonex Private Limited
The main business activity of Thar Stonex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Thar Stonex Private Limited FY 2025 filings available
Thar Stonex Private Limited reported revenue of ₹2.86 Cr (up 48% YoY) for FY 2025.
Revenue · FY 2025
₹2.86 Cr ▲ 48%
Net profit · FY 2025
₹9.37 Lakh margin 3.3%
EBITDA · FY 2025
₹40.23 Lakh margin 14.1%
Compounded Annual Growth Rate (CAGR) of Thar Stonex Private Limited
Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 112%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 35%
5 years · compounded
▲ 27%
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 48% growth in the latest year. 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 of Thar Stonex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹40.23 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.37 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 of Thar Stonex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Thar Stonex are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Thar Stonex Private Limited
Thar Stonex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Om Prakash Kasat Also directs: Kasat Marbles Private Limited | Director | 01 Jan 2020 | 6 Years 9 Months | Current |
| Piyush Kasat Also directs: Thar Marmo Private Limited | Director | 01 Dec 2015 | 10 Years 10 Months | Current |
Peer Comparison of Thar Stonex Private Limited
Thar Stonex Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Radials International Mining Services Private Limited | ₹2.91 Cr (FY 2025) | •••• | •••• | -47.0% | •••• | Delhi, India |
| F4 Minerals India Private Limited | ₹2.9 Cr (FY 2024) | •••• | •••• | •••• | Thrikkakkara, Kerala, India | |
| Rapid Rocks and Minerals Private Limited | ₹2.89 Cr (FY 2023) | •••• | •••• | -16.0% | •••• | Madinaguda, Telangana, India |
| Patni Stone Limited | ₹2.89 Cr (FY 2024) | •••• | •••• | 464.0% | •••• | Kishangarh, Rajasthan, India |
| Falcon Abasan Pvt. Ltd. | ₹2.89 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Thar Stonex Private Limited this company | ₹2.86 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Jaipur, Rajasthan, India |
| Atulit Stone Crushers Private Limited | ₹2.86 Cr (FY 2025) | •••• | •••• | -31.0% | •••• | Baddi, Himachal Pradesh, India |
| Bharti Infraconstructions Private Limited | ₹2.85 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Rare Mining Private Limited | ₹2.84 Cr (FY 2024) | •••• | •••• | -60.0% | •••• | Udaipur, Rajasthan, India |
| Shobhit Rock World Private Limited | ₹2.84 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Indore, Madhya Pradesh, India |
| Ramdev Appliances Private Limited | ₹2.84 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Thar Stonex by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Thar Stonex Private Limited
Thar Stonex Private Limited is audited by GHANSHYAM RATHI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GHANSHYAM RATHI & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
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Ownership and Shareholding of Thar Stonex Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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Charges & Borrowings of Thar Stonex Private Limited
Open charges
₹44 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2024 | Hdfc Bank Limited | ₹21 Lakh | Open |
| 28 Apr 2022 | Hdfc Bank Limited | ₹23 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Thar Stonex Private Limited
Employment history and EPFO contributions of people linked to Thar Stonex.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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- ECR filing status
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Verified entity values are shown only after access is granted.
Recent Activity on Thar Stonex Private Limited
Thar Stonex Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Rishi Kasat ceased to be Director on 30 Apr 2022.
AGM
Thar Stonex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Thar Stonex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Jaipur.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 21.00 Lakh with Charge ID 100921449 was registered on 31 Mar 2024.
Ceased
Rishi Kasat ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 23.00 Lakh with Charge ID 100574850 was registered on 28 Apr 2022.
Appointed
Om Prakash Kasat was appointed as Director.
Ceased
Krishan Awatar Kasat ceased to be Director.
Appointed
Piyush Kasat was appointed as Director.
Incorporation
14 Mar 2007
Thar Stonex Private Limited was registered on 14 Mar 2007 with Roc Jaipur & aged 19 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Thar Stonex Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Thar Stonex Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Thar Stonex Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Thar Stonex Private Limited
Thar Stonex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCT6832G1Z9 | Rajasthan | Active | 02 Oct 2019 |
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GST registrations and filing compliance
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MCA Filings & Documents of Thar Stonex Private Limited
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MCA filings and documents
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Frequently Asked Questions about Thar Stonex Private Limited
Thar Stonex is an active private limited company based in Jaipur, Rajasthan, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 14 March 2007 (19+ years old) and is registered under CIN U14101RJ2007PTC024016.
Thar Stonex reported revenue of ₹2.86 Cr for FY 2025 (up 48% YoY).
Thar Stonex has 2 current directors:
- Om Prakash Kasat - Director
- Piyush Kasat - Director
Thar Stonex reported a net profit of ₹9.37 Lakh (net margin 3.3%) and EBITDA of ₹40.23 Lakh (EBITDA margin 14.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Thar Stonex is 112% over three years and 58% over five years. In the latest year (FY 2025) revenue rose 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Thar Stonex is 08AACCT6832G1Z9, registered in Rajasthan.
The CIN (Corporate Identification Number) of Thar Stonex is U14101RJ2007PTC024016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thar Stonex was incorporated on 14 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Thar Stonex by revenue are Radials International Mining Services Private Limited, F4 Minerals India Private Limited, Rapid Rocks and Minerals Private Limited, Patni Stone Limited, Falcon Abasan Pvt. Ltd. and 5 more, all in the Metals and Minerals industry (Mining).
Rishi Kasat ceased to be Director on 30 Apr 2022. Om Prakash Kasat was appointed as Director on 01 Jan 2020. Krishan Awatar Kasat ceased to be Director on 01 Dec 2015. Thar Stonex has 4 board changes on record in total.
Yes, Thar Stonex is registered as a micro enterprise under Udyam registration (number: UDYAM-RJ-17-0198378).