Sterling Ceramics Private Limited

Sterling Ceramics Private Limited - chemicals and materials in Mehsana, Gujarat, India. FY 2026 financials & compliance.
CIN U26933GJ2000PTC038954 Incorporated 21 November 2000 ROC Ahmedabad HQ Mehsana, Gujarat, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2025
₹42.76 Cr
▼ 19% YoY
Net profit · FY 2025
₹3.38 Cr
Net margin 7.9%
EBITDA · FY 2025
₹10.65 Cr
EBITDA margin 24.9%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.98 Cr
Issued & subscribed
Satisfied charges
₹11.9 Cr
No open charges
Company age
26 yrs
Est. 2000
Employees · EPFO
38
Provident fund records

About Sterling Ceramics Private Limited

Data last updated:

Sterling Ceramics Private Limited is a private limited company based in Mehsana, Gujarat, India, a subsidiary of Vidres Sa. It operates in the colorants segment of the chemicals and materials sector. It was incorporated on 21 November 2000 and has been in existence for over 26 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U26933GJ2000PTC038954. Its GSTIN is 24AAFCS2069F1ZI (Gujarat).

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.98 Cr. It is led by directors including Narendra Devjibhai Parmar and Palak Vishal Trivedi.

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 Kalol – Mehsana Highwaynandasan (N G ), Gujarat, India – 382706.

As per the financials filed for FY 2025, the company reported a revenue of ₹42.76 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹3.38 Cr (net margin 7.9%) and EBITDA of ₹10.65 Cr (EBITDA margin 24.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 20% over five years.

The company has about 38 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹11.9 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 2 cases are pending.

Sterling Ceramics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0015995). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U26933GJ2000PTC038954
Registration Number 038954
Incorporation Date 21 November 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Vidres Sa
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-14-0015995
Key People
Narendra Devjibhai Parmar Director Palak Vishal Trivedi Director Ignacio Bon Gorriz Director

Recognitions & Rankings of Sterling Ceramics

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-GJ-14-0015995

Contact details

Sterling Ceramics Private Limited's registered office is in Mehsana, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Kalol – Mehsana Highwaynandasan (N G ), Gujarat, India – 382706
  • Industry
    Chemicals and Materials, Colorants, Dyes & Pigments

To see the full contact details of Sterling Ceramics Private Limited, buy the company report.

Comprehensive company report
Sterling Ceramics Private Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Business activity

The main business activity of Sterling Ceramics is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Sterling Ceramics Private Limited, buy the company report.

Financials of Sterling Ceramics Private Limited

FY 2025 filings available

Sterling Ceramics Private Limited reported revenue of ₹42.76 Cr (down 19% YoY) for FY 2025.

Revenue · FY 2025
₹42.76 Cr ▼ 19%
Net profit · FY 2025
₹3.38 Cr margin 7.9%
EBITDA · FY 2025
₹10.65 Cr margin 24.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 36%
5 years · compounded
▼ 20%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 18%
5 years · compounded
▼ 15%

Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 19% fall in the latest year. EBITDA fell 9% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹10.65 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.38 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin24.9%
Net Profit Margin7.9%
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

To see the full financial statements and ratios of Sterling Ceramics Private Limited, buy the company report.

Board of directors of Sterling Ceramics Private Limited

Sterling Ceramics has 7 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Narendra Devjibhai ParmarDirector21 Nov 200025 Years 11 MonthsCurrent
Palak Vishal Trivedi
Also directs: Tangent Minerals LLP, Tangent Specialities LLP, Keystone Resources Private Limited and 5 more
Director13 Dec 201411 Years 10 MonthsCurrent
Ignacio Bon GorrizDirector26 Mar 201511 Years 7 MonthsCurrent
Joaquin Jose Font De Mora GozalboDirector26 Mar 201511 Years 7 MonthsCurrent
Alberto Rodriguez Rincon ArellanoDirector26 Mar 201511 Years 7 MonthsCurrent
Francisco Javier Villar CastanoDirector26 Mar 201511 Years 7 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Sterling Ceramics Private Limited is audited by Chandulal M. Shah & Co. for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Chandulal M. Shah & Co.FY 2024101698W

Shareholding

The shareholding of Sterling Ceramics 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 categoryFY 2024FY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Sterling Ceramics Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹11.9 Cr
Breakdown by lending institutions
Corporation Bank₹6.90 Cr
Yes Bank Limited₹5.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Oct 2018100221475Yes Bank Limited₹5 CrSatisfied
25 Oct 200280003017Corporation Bank₹6.9 CrSatisfied

To see the full charge records of Sterling Ceramics Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Sterling Ceramics Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 695 overdue payments to 54 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 54)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Urban Metal Industries
Dangi Spinner's
an individual supplier

To see the full MSME payment records of Sterling Ceramics Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Sterling Ceramics has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Sterling Ceramics Private Limited has a workforce of 38 employees on its EPFO records as of Feb 12, 2025, across 1 active EPFO establishment.

Employee count
38
Active EPFO establishments
1
Employee growth
-37.7%

GST

Sterling Ceramics has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAFCS2069F1ZIGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Sterling Ceramics Private Limited, buy the company report.

Recent activity

Sterling Ceramics Private Limited has 16 board changes on record since 2000: 7 appointments and 9 cessations. The latest: Vishal Ghanshyambhai Trivedi ceased to be Additional Director on 30 Sep 2017.

AGM
Sterling Ceramics Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sterling Ceramics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 23 Oct 2018 via Charge ID 100221475 with Yes Bank Limited was fully satisfied on 16 Jul 2021.
Charges
A charge with Yes Bank Limited of Rs. 5.00 Cr registered on 23 Oct 2018 with Charge ID 100221475 was modified on 06 Nov 2018.
Charges
A charge with Yes Bank Limited amounted to Rs. 5.00 Cr with Charge ID 100221475 was registered on 23 Oct 2018.
Ceased
Vishal Ghanshyambhai Trivedi ceased to be Additional Director.
Appointed
Vishal Ghanshyambhai Trivedi was appointed as Director.
Ceased
Alberto Rodriguez Rincon Arellano ceased to be Additional Director.
Ceased
Francisco Javier Villar Castano ceased to be Additional Director.
Ceased
Ignacio Bon Gorriz ceased to be Additional Director.
Ceased
Joaquin Jose Font De Mora Gozalbo ceased to be Additional Director.
Ceased
Palak Vishal Trivedi ceased to be Additional Director.

13 earlier events are in the company report.

Frequently asked questions

Sterling Ceramics is an active private limited company based in Mehsana, Gujarat, India. The company works in colorants, within the chemicals and materials industry. It was incorporated on 21 November 2000 (26+ years old) and is registered under CIN U26933GJ2000PTC038954.

Sterling Ceramics has 7 current directors:

The latest financial statements of Sterling Ceramics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Sterling Ceramics is 24AAFCS2069F1ZI, registered in Gujarat.

The CIN (Corporate Identification Number) of Sterling Ceramics is U26933GJ2000PTC038954. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sterling Ceramics has 6 court cases on record: 5 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.

Sterling Ceramics was incorporated on 21 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Vishal Ghanshyambhai Trivedi ceased to be Additional Director on 30 Sep 2017. Vishal Ghanshyambhai Trivedi was appointed as Director on 17 Jul 2017. Alberto Rodriguez Rincon Arellano ceased to be Additional Director on 30 Sep 2015. Sterling Ceramics has 16 board changes on record in total.

Yes, Sterling Ceramics is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-14-0015995).

Sterling Ceramics has 12 MSME Form 1 returns on record between 2019 and 2023, listing 695 overdue payments to 54 micro and small suppliers. The latest return was filed on 28 Jan 2024.

The registered office of Sterling Ceramics is at Kalol – Mehsana Highwaynandasan N G , Gujarat, India – 382706.