- #1,750 Khurshed Y Daruvala ₹1,000 Cr

About Sterling and Wilson Co-Gen Solutions Private Limited
Data last updated:
Sterling and Wilson Co-Gen Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sterling And Wilson Private Limited. It operates in the power epc segment of the energy and power sector. It was incorporated on 27 April 2011 and has been in existence for over 15 years.
Its director Khurshed Y Daruvala is #1,750 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31400MH2011PTC216749. Its GSTIN is 27AAPCS8231F1Z2 (Maharashtra).
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹5 Cr. It is led by directors Zarine Yazdi Daruvala and Khurshed Yazdi Daruvala.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 10th Floor Universal Magestic L.P. Lokhande Marg Chembur, Mumbai, Maharashtra, India – 400043.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.49 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹35.47 Lakh (net margin 3.1%) and EBITDA of ₹37.52 Lakh (EBITDA margin 3.3%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 31% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 2 brands: Sterling And Wilson and Sterling and Wilson. As per MCA filings, the company has open charges of ₹265 Cr and satisfied charges of ₹26.99 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company; 8 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sterlinggenerators.com.
Company details
Recognitions & Rankings of Sterling and Wilson Co-Gen Solutions
Contact details
Sterling and Wilson Co-Gen Solutions Private Limited's registered office is in Mumbai, Maharashtra. Its website is sterlinggenerators.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address10th Floor Universal Magestic L.P. Lokhande Marg Chembur, Mumbai, Maharashtra, India – 400043
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Sterling and Wilson Co-Gen Solutions Private Limited, buy the company report.
- 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
Brands
Sterling and Wilson Co-Gen Solutions operates two associated brands: Sterling And Wilson and Sterling and Wilson. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EPC and MEP services are provided across diverse sectors. | sterlingandwilson.com | |
| Energy storage systems for renewables are designed and developed. | sterlingandwilsonre.com |
Business activity
The main business activity of Sterling and Wilson Co-Gen Solutions is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Sterling and Wilson Co-Gen Solutions Private Limited, buy the company report.
Financials of Sterling and Wilson Co-Gen Solutions Private Limited
FY 2024 filings availableSterling and Wilson Co-Gen Solutions Private Limited reported revenue of ₹11.49 Cr (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 51% fall in the latest year. EBITDA fell 97% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹37.52 Lakh | ||||
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| Net Profit (PAT) | ₹35.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.3% | ||||
| Net Profit Margin | 3.1% | ||||
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To see the full financial statements and ratios of Sterling and Wilson Co-Gen Solutions Private Limited, buy the company report.
Board of directors of Sterling and Wilson Co-Gen Solutions Private Limited
Sterling and Wilson Co-Gen Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Zarine Yazdi Daruvala | Director | 27 Apr 2011 | 15 Years 6 Months | Current |
| Khurshed Yazdi Daruvala | Director | 27 Apr 2011 | 15 Years 6 Months | Current |
Auditor
Sterling and Wilson Co-Gen Solutions Private Limited is audited by H S D R & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H S D R & Associates | FY 2024 | 159382W |
Shareholding
The shareholding of Sterling and Wilson Co-Gen Solutions Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sterling and Wilson Co-Gen Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2019 | 100254216 | Yes Bank Limited | ₹80 Cr | Open | |
| 30 Jul 2018 | 100200164 | Others | ₹75 Cr | Open | |
| 24 Apr 2018 | 100178137 | Dbs Bank Ltd | ₹15 Cr | Open | |
| 20 Dec 2012 | 10395886 | Dbs Bank Ltd. | ₹95 Cr | Open | |
| 21 Dec 2018 | 100229921 | Dbs Bank Ltd | ₹26.64 Cr | Satisfied |
To see the full charge records of Sterling and Wilson Co-Gen Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Sterling and Wilson Co-Gen Solutions Private Limited has 8 court cases on record: 8 filed by Sterling and Wilson Co-Gen Solutions. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 0 | 8 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Sri Venkatramana Paper Mills Pvt Ltd and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Venkataramana Paper Mills Pvt Ltd and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Sre Ventakaramana Paper Mills Pvt Ltd and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Venkatramana Paper Mills Pvt Ltd and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Venkatramana Paper Mills Pvt Ltd | Pending |
To see the full case history of Sterling and Wilson Co-Gen Solutions 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
Sterling and Wilson Co-Gen Solutions Private Limited was last rated by Care on 05 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 05 Apr 2021 |
To see the full credit ratings and regulatory alerts of Sterling and Wilson Co-Gen Solutions Private Limited, buy the company report.
MSME payment delays
Sterling and Wilson Co-Gen Solutions Private Limited has 12 MSME Form 1 returns on record between 2019 and 2022, listing 62 overdue payments to 19 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Exigent Global Logistics Private Limited | |||
| an individual supplier | |||
| Flammer Technologies LLP | |||
| Operational Energy Group India Limited | |||
| an individual supplier |
To see the full MSME payment records of Sterling and Wilson Co-Gen Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sterling and Wilson Co-Gen Solutions Private Limited has a workforce of 1 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Sterling and Wilson Co-Gen Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS8231F1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterling and Wilson Co-Gen Solutions Private Limited, buy the company report.
Recent activity
Sterling and Wilson Co-Gen Solutions Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Kainaz Khurshed Daruvalla ceased to be Director on 22 Feb 2019.
4 earlier events are in the company report.
Frequently asked questions
Sterling and Wilson Co-Gen Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 27 April 2011 (15+ years old) and is registered under CIN U31400MH2011PTC216749.
Sterling and Wilson Co-Gen Solutions has 2 current directors:
- Zarine Yazdi Daruvala - Director
- Khurshed Yazdi Daruvala - Director
The latest financial statements of Sterling and Wilson Co-Gen Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sterling and Wilson Co-Gen Solutions is 27AAPCS8231F1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sterling and Wilson Co-Gen Solutions is U31400MH2011PTC216749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling and Wilson Co-Gen Solutions has 8 court cases on record: 8 filed by the company. 8 are pending.
Sterling and Wilson Co-Gen Solutions was incorporated on 27 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Kainaz Khurshed Daruvalla ceased to be Director on 22 Feb 2019. Khurshed Yazdi Daruvala was appointed as Director on 27 Apr 2011. Zarine Yazdi Daruvala was appointed as Director on 27 Apr 2011.
Sterling and Wilson Co-Gen Solutions has 12 MSME Form 1 returns on record between 2019 and 2022, listing 62 overdue payments to 19 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Sterling and Wilson Co-Gen Solutions can be reached through the website sterlinggenerators.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sterling and Wilson Co-Gen Solutions is at 10th Floor Universal Magestic L.P. Lokhande Marg Chembur, Mumbai, Maharashtra, India – 400043.

