About Sterling E-Mobility Solutions Limited
Data last updated:
Sterling E-Mobility Solutions Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Sterling Tools Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 10 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2020PLC360123. Its GSTIN is 06ABDCS2305P1Z8 (Haryana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹28.46 Cr. It was formerly known as Sterling Gtake E-Mobility Limited. It is led by directors including Jaideep Wadhwa (Managing Director) and Atul Aggarwal.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dj – 1210 12th Floor, DLF Tower – B Jasola District Centre, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2025, the company reported a revenue of ₹386.61 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net profit of ₹16.59 Cr (net margin 4.3%) and EBITDA of ₹27.34 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years and 898% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sterling Gtake. As per MCA filings, the company has open charges of ₹119.83 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 3 cases are pending. The company has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹5.05 Cr; the latest was in August 2022. Its 10 peer companies in the Automobiles industry (Auto Ancillary) are compared by revenue, 5 larger and 5 smaller; the largest is Rij Engineering Private Limited with revenue of ₹391.38 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sterlinggtake.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDj – 1210 12th Floor, DLF Tower – B Jasola District Centre, New Delhi, Delhi, India – 110025
- IndustryAutomotive, Auto Parts & Components
- 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
- One PDF report, delivered after checkout
Business Activity of Sterling E-Mobility Solutions Limited
The main business activity of Sterling E-Mobility Solutions is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sterling E-Mobility Solutions Limited FY 2025 filings available
Sterling E-Mobility Solutions Limited reported revenue of ₹386.61 Cr (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sterling E-Mobility Solutions Limited
Revenue has grown at a compounded annual rate (CAGR) of 898% over five years, including 19% growth in the latest year. EBITDA rose 15% 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 of Sterling E-Mobility Solutions Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹27.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.59 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 of Sterling E-Mobility Solutions Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sterling E-Mobility Solutions are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rij Engineering Private Limited | ₹391.38 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Pune, Maharashtra, India |
| Jagdamba Trailers Private Limited | ₹390.25 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Raigarh, Chhattisgarh, India |
| JRG Automotive Industries India Private Limited | ₹389.05 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Gurgaon, Haryana, India |
| Machino Plastics Limited Listed | ₹388.85 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Haryana, India |
| Nirmiti Precision Private Limited | ₹386.97 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Nashik, Maharashtra, India |
| Sterling E-Mobility Solutions Limited this company | ₹386.61 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | New Delhi, Delhi, India |
| Unominda EV Systems Private Limited | ₹382.24 Cr (FY 2025) | •••• | •••• | 105.0% | •••• | Delhi, India |
| Adm Joinflex India Private Limited | ₹381.39 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Remsons Industries Limited Listed | ₹379.86 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Mumbai, Maharashtra, India |
| Sal Automotive Limited Listed | ₹379.49 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Mohali, Punjab, India |
| A.A. Autotech Private Limited | ₹377.6 Cr (FY 2018) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Sterling E-Mobility Solutions by revenue in the Automobiles industry (Auto Ancillary), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions Limited is audited by S.R. Dinodia & Co. LLP for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.R. Dinodia & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaideep Wadhwa Also directs: Sterling Tools Limited, Sterling Advanced Electric Machines Private Limited, Whisk Ventures Private Limited and 4 more | Managing Director | 10 Jan 2020 | 6 Years 8 Months | Current |
| Atul Aggarwal | Director | 10 Jan 2020 | 6 Years 8 Months | Current |
| Rashmi Hemant Urdhwareshe Also directs: Sterling Tools Limited, Bimetal Bearings Limited, ZF Commercial Vehicle Control Systems India Limited and 5 more | Director | 21 Oct 2024 | 1 Years 11 Months | Current |
| Anil Aggarwal | Director | 05 Aug 2024 | 2 Years 2 Months | Current |
| Rakesh Batra Also directs: Sterling Tools Limited | Director | 01 Aug 2023 | 3 Years 2 Months | Current |
| Anish Agarwal Also directs: Sterling Tools Limited, Sterling Tech-Mobility Limited, Sterling E-Mobility Private Limited and 5 more | Director | 10 Jan 2020 | 6 Years 8 Months | Current |
Ownership and Shareholding of Sterling E-Mobility Solutions Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sterling E-Mobility Solutions Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2023 | State Bank of India | ₹53.83 Cr | Open |
| 10 Jun 2023 | Hdfc Bank Limited | ₹7.5 Cr | Open |
| 31 Jul 2021 | Hdfc Bank Limited | ₹58.5 Cr | Open |
Total charge records: 3 View all charges
Deals & Funding of Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions Limited has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹5.05 Cr; the latest was in August 2022.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Rights issue | ₹20 Cr | Investors: Sterling Tools Limited |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Sterling Tools Limited Seller: an individual |
| Mar 2021 | Rights issue | ₹3.36 Cr | Investors: Sterling Tools Limited |
| Jun 2020 | Secondary share transfer | Undisclosed | Buyer: Sterling Tools Limited Seller: 4 individuals |
| Mar 2020 | Funding round | ₹5.05 Cr | Investors: Sterling Tools Limited |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions Limited has 3 court cases on record: 1 filed by Sterling E-Mobility Solutions, 2 filed against it. All cases are pending. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Ola Electric Technologies Private Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by Ola Eletronic Technologies Private Ltd | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions operates one associated brand: Sterling Gtake. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality automotive parts for multiple applications. | sterlinggtake.com |
Employees and EPFO Compliance at Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions Limited has a workforce of 102 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Sterling E-Mobility Solutions Limited
Recent Activity on Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions Limited has 12 board changes on record since 2020: 7 appointments and 5 cessations. The latest: Rashmi Hemant Urdhwareshe ceased to be Additional Director on 12 Jun 2025.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sterling E-Mobility Solutions Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sterling E-Mobility Solutions Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sterling E-Mobility Solutions Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06ABDCS2305P1Z8 | Haryana | Active | 26 Jan 2020 |
| 29ABDCS2305P1Z0 | Karnataka | Active | 05 Oct 2023 |
| 33ABDCS2305P1ZB | Tamil Nadu | Active | 01 Sep 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sterling E-Mobility Solutions Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sterling E-Mobility Solutions Limited
Sterling E-Mobility Solutions is an active public limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 10 January 2020 (6+ years old) and is registered under CIN U31909DL2020PLC360123.
Sterling E-Mobility Solutions reported revenue of ₹386.61 Cr for FY 2025 (up 19% YoY).
Sterling E-Mobility Solutions has 6 current directors:
- Jaideep Wadhwa - Managing Director
- Atul Aggarwal - Director
- Rashmi Hemant Urdhwareshe - Director
- Anil Aggarwal - Director
- Rakesh Batra - Director
- Anish Agarwal - Director
Sterling E-Mobility Solutions reported a net profit of ₹16.59 Cr (net margin 4.3%) and EBITDA of ₹27.34 Cr (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sterling E-Mobility Solutions is 116% over three years and 898% over five years. In the latest year (FY 2025) revenue rose 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sterling E-Mobility Solutions is 06ABDCS2305P1Z8, registered in Haryana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29ABDCS2305P1Z0 (Karnataka), 33ABDCS2305P1ZB (Tamil Nadu).
The CIN (Corporate Identification Number) of Sterling E-Mobility Solutions is U31909DL2020PLC360123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling E-Mobility Solutions has 3 court cases on record: 1 filed by the company and 2 filed against it. 3 are pending. Most are in the district courts.
Sterling E-Mobility Solutions was incorporated on 10 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Sterling E-Mobility Solutions has 5 deals on record (2 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹5.05 Cr; the latest was in August 2022.
The peers of Sterling E-Mobility Solutions by revenue are Rij Engineering Private Limited, Jagdamba Trailers Private Limited, JRG Automotive Industries India Private Limited, Machino Plastics Limited, Nirmiti Precision Private Limited and 5 more, all in the Automobiles industry (Auto Ancillary).