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 The company has 1 GST registration on record, which is no longer active.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.
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- Registered AddressA – 141 'H' Block M.I.D.C. Pimpri, Pune, Maharashtra, India – 411018
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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
Financials of Sterling Equipment Pvt Ltd FY 2023 filings available
Sterling Equipment Pvt Ltd reported revenue of ₹1.5 Cr (up 6931% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Sterling Equipment Pvt Ltd
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 of Sterling Equipment Pvt Ltd
| 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 of Sterling Equipment Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Equipment are in the company report.
Financial statements from 2015
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.
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 of Sterling Equipment Pvt Ltd
Sterling Equipment Pvt Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| 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 Ltd this company | ₹1.5 Cr (FY 2022) | •••• | •••• | 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 |
Peers are the five companies nearest above and the five nearest below Sterling Equipment by revenue in the Machinery and Equipment industry (Process Machinery), 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 Equipment Pvt Ltd
Sterling Equipment Pvt Ltd is audited by SACHIN GOGAVE & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SACHIN GOGAVE & CO | 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.
Ownership and Shareholding of Sterling Equipment Pvt Ltd
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 Equipment Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2005 | State Bank of India | ₹1 Lakh | Satisfied |
| 05 Aug 1992 | State Bank of India | ₹2 Lakh | Satisfied |
| 22 Jun 1985 | State Bank of India | ₹2.35 Lakh | Satisfied |
| 12 Oct 1984 | State Bank of India | ₹4.05 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Sterling Equipment Pvt Ltd
Employment history and EPFO contributions of people linked to Sterling Equipment.
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.
Recent Activity on Sterling Equipment Pvt Ltd
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sterling Equipment Pvt Ltd
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 Equipment Pvt Ltd
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 Equipment Pvt Ltd
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 Equipment Pvt Ltd
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.
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 Equipment Pvt Ltd
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 Equipment Pvt Ltd
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.
Sterling Equipment reported revenue of ₹1.5 Cr for FY 2022 (up 6931% YoY).
Sterling Equipment has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Sterling Equipment reported a net profit of ₹1.34 Cr (net margin 89.1%) and EBITDA of ₹1.49 Cr (EBITDA margin 99.5%) for FY 2022, as per its filed financial statements.
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.