Sti India Limited

Manufacturer of cotton yarn and knitted fabrics, including organic and fairtrade options, with global presence.

1984 | Indore, Madhya Pradesh (India) | Active
Last Updated: December 30, 2024

Sti India Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 29.00 Cr
  • Company Age 40 Year, 6 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 14,589.18 Cr
  • Satisfied Charges ₹ 498.92 Cr
  • Revenue Growth 21.39%
  • Profit Growth 20.56%
  • Ebitda -59.56%
  • Net Worth -38.76%
  • Total Assets -2.45%

About Sti India

Sti India Limited (SIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 August 1984 and has a history of 40 years and six months. Its registered office is in Indore, Madhya Pradesh, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513151 and on the National Stock Exchange(NSE) under STINDIA.

The Corporate was formerly known as Sti Biplus Tubing (India) Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 45.00 Cr and a paid-up capital of Rs 29.00 Cr.

The company currently has active open charges totaling ₹14,589.18 Cr. The company has closed loans amounting to ₹498.92 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sti India Limited India is Deepesh Nayak as COMPANY SECRETARY. Prashant Agrawal, Aman Agrawal, Suresh Vishwasrao, and Two other members serve as directors at the Company.

Company Details

  • Location

    Indore, Madhya Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    stitextile.net

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L27105MP1984PLC002521

  • Company No.

    002521

  • Stock Symbol

    BSE : 513151 NSE : STINDIA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 1984

  • Date of AGM

    28 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Listed

  • ROC Code

    Roc Gwalior

Industry

Manufacturing

What products or services does Sti India Limited offer?

Sti India Limited offers a wide range of products and services, including Jersey & Knitted Fabric, Knitted Fabrics.

Who are the key members and board of directors at Sti India?

Executive Team (2)

NameDesignationAppointment DateStatus
Aman Agrawal Country flag representing In Managing Director25-Nov-2010Current
Deepesh Nayak Country flag representing In Company Secretary01-Aug-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
John Mathew Country flag representing In Director 15-May-2015Current
Prashant Agrawal Country flag representing In Director 25-Nov-2010Current
Suresh Vishwasrao Country flag representing In Director 05-Nov-2016Current
Prachi Deshpande Country flag representing In Director 15-May-2015Current

Financial Performance of Sti India.

Sti India Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 21.39% increase. The company also saw a substantial improvement in profitability, with a 20.56% increase in profit. The company's net worth observed a substantial decline by a decrease of 38.76%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.39%
Revenue from Operations
9.59%
Total Assets
-2.45%
Profit or Loss
20.56%
Net Worth
-38.76%
EBITDA
-59.56%

What is the Ownership and Shareholding Structure of Sti India?

In 2018, Sti India had a promoter holding of 75.00% and a public holding of 24.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14,589.18 Cr

Satisfied Charges

₹498.92 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 12156.39 Cr
  • Others : 2432.79 Cr

Latest Charge Details

DateLenderAmountStatus
03 Jun 2022Others₹17.00 CrOpen
10 Jan 2020Others₹150.00 CrOpen
30 May 2018Others₹401.62 CrOpen
30 May 2018Others₹401.62 CrOpen
21 Dec 2015Idbi Trusteeship Services Limited₹5,950.95 CrOpen

How Many Employees Work at Sti India?

Sti India has a workforce of 778 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sti India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sti India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sti India

Recent activity within the organization

  • Charges

    A charge registered on 23 Sep 2019 via Charge ID 100298696 with Others was fully satisfied on 12 Apr 2023.

    12 Apr 2023

  • Charges

    A charge registered on 18 Apr 2019 via Charge ID 100265968 with Others was fully satisfied on 12 Apr 2023.

    12 Apr 2023

  • Charges

    A charge registered on 18 Dec 1995 via Charge ID 90205088 with The Saraswat Co-Op. Bank Limited was fully satisfied on 02 Mar 2023.

    02 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 17.00 Cr with Charge ID 100601885 was registered on 03 Jun 2022.

    03 Jun 2022

  • Charges

    A charge with Others of Rs. 401.62 Cr registered on 30 May 2018 with Charge ID 100228517 was modified on 12 Feb 2021.

    12 Feb 2021

  • Charges

    A charge with Others of Rs. 401.62 Cr registered on 30 May 2018 with Charge ID 100229705 was modified on 12 Feb 2021.

    12 Feb 2021

Frequently asked questions

  • Sti India Limited was incorporated on 07 Aug 1984.

  • The authorized share capital of Sti India Limited is ₹ 45.00 Cr and paid-up capital is ₹ 29.00 Cr.

  • Currently 6 directors are associated with Sti India Limited.

    • Prashant Janardan Agrawal
    • Aman Agrawal
    • Suresh Shankar Vishwasrao
    • John Mathew
    • Prachi Amit Deshpande
    • Deepesh Kumar Nayak
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sti India Limited is Rau-Pithampur Link Road Tehsil Mhow India, Indore, Madhya Pradesh, 453332.

  • The corporate identification number (CIN) of Sti India Limited is L27105MP1984PLC002521 and the company number is 002521 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sti India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): STINDIA.

  • The Official website of Sti India Limited is https://www.stitextile.net

  • According to the financial reports for the fiscal year 2019, the revenue trend for Sti India Limited has risen by 21.39%.

  • As Per 2019 financial reports, 778 employees are currently employed by Sti India Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Sti India Limited has experienced an downturn of -38.76%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Sti India Limited amount to ₹ 14,589.18 Cr.

  • The most recent Balance Sheet for Sti India Limited was filed with the ROC on 31 Mar 2019.

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