Sterling Equipment Pvt Ltd
About Sterling Equipment Pvt Ltd
Data last updated:
Sterling Equipment Pvt Ltd was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 24 August 1983.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U29299MH1983PTC030683. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ramesh Prabhakar Nadgauda and Rohini Ramesh Nadgauda.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at A – 141 'H' Block M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.5 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.34 Cr (net margin 89.1%) and EBITDA of ₹1.49 Cr (EBITDA margin 99.5%). Revenue has grown at a compounded annual rate (CAGR) of 263% over three years and 87% over five years.
As per MCA filings, the company had satisfied charges of ₹9.4 Lakh on record.
Company details
Contact details
Sterling Equipment Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 141 'H' Block M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Sterling Equipment Pvt Ltd, 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
Financials of Sterling Equipment Pvt Ltd
FY 2023 filings availableSterling Equipment Pvt Ltd reported revenue of ₹1.5 Cr (up 6931% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.5 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.49 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.34 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.5% | ||||
| Net Profit Margin | 89.1% | ||||
| 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 Equipment Pvt Ltd, buy the company report.
Board of directors of Sterling Equipment Pvt Ltd
Sterling Equipment has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Prabhakar Nadgauda | Director | 24 Aug 1983 | 43 Years 1 Months | As last reported |
| Rohini Ramesh Nadgauda | Director | 24 Aug 1983 | 43 Years 1 Months | As last reported |
Peer comparison
Sterling Equipment Pvt Ltd is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedam India Metallurgical Research Laboratory Private Limited | ₹1.51 Cr (FY 2025) | 72.0% | Kolkata, West Bengal, India | |||
| Devlata Technologies Private Limited | ₹1.51 Cr (FY 2025) | -33.0% | Mumbai, Maharashtra, India | |||
| Garud Yantra Nirmitee Private Limited | ₹1.5 Cr (FY 2025) | 16.0% | Nagpur, Maharashtra, India | |||
| Renders India Private Limited | ₹1.5 Cr (FY 2025) | -59.0% | Pune, Maharashtra, India | |||
| V-Vab Vision Technologies (India) Private Limited | ₹1.5 Cr (FY 2025) | -35.0% | Vasai, Maharashtra, India | |||
| Sterling Equipment Pvt Ltdthis company | ₹1.5 Cr (FY 2022) | ₹1.34 Cr | 89.1% | 6931.0% | Pune, Maharashtra, India | |
| Schmidt-Seeger India Private Limited | ₹1.5 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India | |||
| Diasis Automation Limited | ₹1.5 Cr (FY 2022) | Surat, Gujarat, India | ||||
| Arihant Honing (I) Private Limited | ₹1.5 Cr (FY 2025) | -55.0% | Mumbai, Maharashtra, India | |||
| Bhavsar Electroplast Private Limited | ₹1.5 Cr (FY 2025) | 61.0% | Aurangabad, Maharashtra, India | |||
| Mangalmay Machine Tools Private Limited | ₹1.49 Cr (FY 2025) | 34.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Sterling Equipment Pvt Ltd, buy the company report.
Auditor
Sterling Equipment Pvt Ltd is audited by SACHIN GOGAVE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SACHIN GOGAVE & CO | FY 2020 | 131367W |
Shareholding
The shareholding of Sterling Equipment Pvt Ltd is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sterling Equipment Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2005 | 90093196 | State Bank of India | ₹1 Lakh | Satisfied | |
| 05 Aug 1992 | 80032568 | State Bank of India | ₹2 Lakh | Satisfied | |
| 22 Jun 1985 | 80032571 | State Bank of India | ₹2.35 Lakh | Satisfied | |
| 12 Oct 1984 | 80032569 | State Bank of India | ₹4.05 Lakh | Satisfied |
To see the full charge records of Sterling Equipment Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Sterling Equipment Pvt Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sterling Equipment Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sterling Equipment has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sterling Equipment Pvt Ltd, buy the company report.
Recent activity
Sterling Equipment Pvt Ltd has 2 board changes on record since 1983: 2 appointments. The latest: Ramesh Prabhakar Nadgauda was appointed as Director on 24 Aug 1983.
1 earlier event is in the company report.
Frequently asked questions
Sterling Equipment has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sterling Equipment was a private limited company based in Pune, Maharashtra, India. The company worked in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 24 August 1983 and is registered under CIN U29299MH1983PTC030683. The company has been struck off by the Registrar of Companies and is no longer operational.
Sterling Equipment had 2 directors:
- Ramesh Prabhakar Nadgauda - Director
- Rohini Ramesh Nadgauda - Director
The CIN (Corporate Identification Number) of Sterling Equipment is U29299MH1983PTC030683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sterling Equipment is at A – 141 H Block M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018.
Sterling Equipment was incorporated on 24 August 1983. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Sterling Equipment on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
No. Sterling Equipment has 1 GST registration on record and it is cancelled or inactive.
Sterling Equipment operated in the machinery and equipment industry, in the process machinery and industrial equipment segment. It worked in this industry before it was struck off.
The peers of Sterling Equipment by revenue are Vedam India Metallurgical Research Laboratory Private Limited, Devlata Technologies Private Limited, Garud Yantra Nirmitee Private Limited, Renders India Private Limited, V-Vab Vision Technologies (India) Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Ramesh Prabhakar Nadgauda was appointed as Director on 24 Aug 1983. Rohini Ramesh Nadgauda was appointed as Director on 24 Aug 1983.