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Sterling Abrasives Limited - Company Profile

It is a machinery and equipment public limited company based in Prantij, Gujarat, India, established in 1979.

1979 | Prantij, Gujarat, India | Active
Last Updated:

About Sterling Abrasives Limited

Sterling Abrasives Limited, a active public limited company, was established on 27 July 1979 in Prantij, Gujarat, India. Engaging in industrial machine tools within the manufacturing sector, it holds CIN: U29259GJ1979PLC003467. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹9.00 M.

Formerly known as Sterling Abrasives P Limited. It upholds a compliant status. Employing 461 professional, Its leadership includes Nirav Nitin Parikh (Managing Director), Dorairaj Deepak (Director), Srikanth Chandhar (Director). Past directors included Ramesh V, Murugappan Murugappan Muthiah, Nirav Nitin Parikh. It holds ₹76.72 Cr open charges and ₹21.80 Cr settled loans. Its latest AGM occurred on 09 June 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. 57/58/59/64,, Galesara Village,, Prantij, Gujarat, 383205.

Company Details

  • CIN/LLPIN

    U29259GJ1979PLC003467

  • Registration Number

    003467

  • Incorporation Date

    27 July 1979

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹9.00 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.00 M
  • Company Age 46 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 76.72 Cr
  • Satisfied Charges ₹ 21.80 Cr
  • Revenue Growth 23.27%
  • Profit Growth 36.09%
  • Ebitda 34.63%
  • Net Worth 14.81%
  • Total Assets 38.85%
Company report

Sterling Abrasives Limited

Company Report FY 2025-2026

Explore comprehensive insights into Sterling Abrasives Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Sterling Abrasives Limited?

Current Directors

NameDesignationAppointment DateStatus
Nirav Nitin ParikhManaging Director01 Jul 2005Current
Dorairaj DeepakDirector01 Mar 2024Current
Srikanth ChandharDirector16 Oct 2024Current
Srinivasan RangarajanDirector22 Apr 2009Current
Ashish Surendrabhai PatelDirector30 May 2025Current
Sridharan RangarajanDirector05 Jan 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director04 Jun 2009Past
Pramod AbcsddDirector22 Apr 2009Past
Pramod AbcsddDirector01 Jul 2008Past
Pramod AbcsddDirector12 Jul 2014Past
Pramod AbcsddAdditional Director20 May 2014Past
Pramod AbcsddDirector30 May 2025Past

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Financial Performance of Sterling Abrasives.

Sterling Abrasives Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.27% increase. The company also saw a substantial improvement in profitability, with a 36.09% increase in profit. The company's net worth Soared by an impressive increase of 14.81%.

Sterling Abrasives revenue growth over time
Sterling Abrasives 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
23.27%
Revenue from Operations
23.56%
Total Assets
38.85%
Profit or Loss
36.09%
Net Worth
14.81%
EBITDA
34.63%

What is the Ownership and Shareholding Structure of Sterling Abrasives?

In 2023, Sterling Abrasives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹767,200,000.00

Satisfied Charges

₹218,000,000.00

Charges Breakdown by Lending Institutions

  • Others : 76.00 Cr
  • Bank Of Baroda : 0.72 Cr

Latest Charge Details

DateLenderAmountStatus
23 Aug 2022Others₹45.00 CrOpen
30 Jul 2019Others₹31.00 CrOpen
22 Sep 1989Bank Of Baroda₹7.20 MOpen
20 Sep 1997State Bank Of India₹21.80 CrSatisfied

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How Many Employees Work at Sterling Abrasives?

Sterling Abrasives has a workforce of 461 employees as of Apr 05, 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.

Employee growth trends for Sterling Abrasives Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterling Abrasives, 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 Sterling Abrasives'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 Sterling Abrasives

Recent Activity within the Organization

  • Annual General Meeting

    The activity Sterling Abrasives Limited last Annual general meeting of members was held on 09 Jun 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Ashish Surendrabhai Patel was appointed as a Director was appointed as a Director on 30 May 2025 & has been associated with this company since 6 months 5 days . was completed.

  • Director Appointment

    Aditya Nirav Parikh was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 May 2025 & has been associated with this company since 6 months 5 days . was recorded as a recent event.

  • Charges

    Progress on A charge with Others of Rs. 31.00 Cr registered on 30 Jul 2019 with Charge ID 100282576 was modified on 15 Apr 2025. was documented.

  • Balance Sheet

    Progress on Sterling Abrasives Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad. was documented.

  • Director Appointment

    Srikanth Chandhar was appointed as a Director was appointed as a Director on 16 Oct 2024 & has been associated with this company since 1 year 1 month . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Sterling Abrasives Limited?

    The CIN of Sterling Abrasives Limited is U29259GJ1979PLC003467.

  • Where is Sterling Abrasives Limited headquartered?

    Sterling Abrasives Limited is headquartered at Plot No. 57/58/59/64,, Galesara Village,, Prantij, Gujarat, 383205.

  • When was Sterling Abrasives Limited incorporated?

    Sterling Abrasives Limited was incorporated on 27 July 1979.

  • Who are the current directors of Sterling Abrasives Limited?

    The current directors of Sterling Abrasives Limited are

  • What is the primary industry of Sterling Abrasives Limited?

    The primary industry of Sterling Abrasives Limited is Manufacturing.

  • Is Sterling Abrasives Limited a listed company?

    Sterling Abrasives Limited is unlisted.

  • What is the capital structure of Sterling Abrasives Limited?

    The authorized capital of Sterling Abrasives Limited is ₹1.00 Cr, and the paid-up capital is ₹9.00 M.

  • What is the compliance status of Sterling Abrasives Limited?

    The compliance status of Sterling Abrasives Limited is Compliant.

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