About STEER
STEER is a company based in Bengaluru (India) founded in 1993 by Babu Padmanabhan. Manufacturer of continuous processing equipment for pharmaceuticals, polymers, and food. The company has 344 employees. Its Indian entity Steer Engineering Private Limited reported revenue of ₹226 Cr.
Company details
Founded in 1993 and based in Bengaluru, India, STEER operates in the manufacturing sector, producing equipment for continuous processing in pharmaceuticals, polymers, and food industries. Advanced technology platforms are designed for materials transformation, including fractional geometry, microgenic, and intelligent compounding methods. Services cover the full lifecycle, from application development and training to installation and commissioning. Sustainable materials and waste processing solutions are also developed to support efficiency and quality improvements.
- Headquarters Bengaluru, India
- Employees 344
- Founders Babu Padmanabhan
- Email••••••••
- Phone•••• ••••
- Website steerworld.com
- Social LinkedIn X Facebook YouTube
- Legal Name Steer Engineering Private Limited
- Date of Incorporation 29 Mar, 1993
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹226 Cr
FY 2024 · +33% YoY
- Net Profit₹6.08 Cr
FY 2024 · 2% margin
- EBITDA₹19.42 Cr
FY 2024 · 8% margin
- Employee Count344
Associated legal entities of STEER
STEER is associated with 2 registered companies on The Company Check; the primary company is Steer Engineering Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Steer Engineering Private Limited CIN U72100KA1993PTC015303 | Active | 29 Mar 1993 | Bangalore, Karnataka | ₹226 Cr | 344 | 6 | View details |
| Steer Engineering Private Limited CIN U05190KA1993PTC015303 | 29 Mar 1993 | Bangalore, Karnataka, India | View details |
Apps and channels of STEER
its YouTube channel STEER WORLD has 494 subscribers and 30 videos.
Videos from STEER
The most watched videos on STEER's YouTube channel, STEER WORLD (494 subscribers). Click a video to play it here.
More on STEER WORLD.
Board of directors of Steer Engineering Private Limited (STEER)
Steer Engineering Private Limited is the primary company behind STEER. The board of Steer Engineering Private Limited currently have 6 directors; the longest-serving is Babu Padmanabhan, appointed in 1993. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Babu Padmanabhan DIN 01077692 | Managing Director | 23 Apr 1993 | 33 yrs 6 mo | Steer Engineering Private Limited |
| Padmanabhan Ramaswamy DIN 02393793 | Whole-time director | 11 Nov 1997 | 28 yrs 11 mo | Steer Engineering Private Limited |
| Satish Padmanabhan DIN 01120456 | Managing Director | 29 Sep 2001 | 25 yrs | Steer Engineering Private Limited |
| Thokalahalli Narasimha Hari DIN 10050523 | Whole-time director | 01 Mar 2023 | 3 yrs 7 mo | Steer Engineering Private Limited |
| Shiva Subramanian DIN 00445134 | Director | 15 Mar 2024 | 2 yrs 7 mo | Steer Engineering Private Limited |
| Gupta Nitinkumar DIN 11034819 | Whole-time director | 31 Oct 2025 | 11 mo | Steer Engineering Private Limited |
People of STEER
1 people are tracked at STEER (1 in leadership); the tracked headcount is 344.
| Name | Role | Group |
|---|---|---|
| Founder & MD | Leadership |
Complete people profiles for STEER
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Financials of STEER
Figures of Steer Engineering Private Limited, the primary company behind STEER, for FY 2024. Revenue was ₹226 Cr (+33% year on year). Net profit was ₹6.08 Cr (2% margin). EBITDA was ₹19.42 Cr (8% margin). Revenue has grown at a compounded annual rate of +13% over three years and +8% over five years.
- ₹226 CrRevenue · FY 2024 · +33% YoY
- ₹6.08 CrNet profit · 2% margin
- ₹19.42 CrEBITDA · 8% margin
- ₹55.9 LakhPaid-up capital
- 344Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Steer Engineering Private Limited are on its company page.
Detailed financial statements for STEER
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of STEER
The website of STEER (steerworld.com) receives about 9.1K visits a month.
- Monthly visits9.1K
▼ 23.6% vs previous month
Websites whose visitors overlap most with STEER. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| polymerindustries.com | 100% | 3K | #5,417,239 | View details | |
| steerjapan.com | 35% | #12,999,845 | View details |
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Related news about Steer
Complete news archive for STEER
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Frequently Asked Questions about STEER
STEER was founded in 1993.
STEER is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
STEER has 344 employees.
The primary company behind STEER, Steer Engineering Private Limited, reported revenue of ₹226 Cr for FY 2024, up 33% year on year.
Founded in 1993 and based in Bengaluru, India, STEER operates in the manufacturing sector, producing equipment for continuous processing in pharmaceuticals, polymers, and food industries. Advanced technology platforms are designed for materials transformation, including fractional geometry, microgenic, and intelligent compounding methods. Services cover the full lifecycle, from application development and training to installation and commissioning. Sustainable materials and waste processing solutions are also developed to support efficiency and quality improvements.
STEER operates through Steer Engineering Private Limited.
The legal entities of STEER currently have 6 directors, including Padmanabhan Ramaswamy, Babu Padmanabhan, Thokalahalli Narasimha Hari and others.