About Sterling Freights Private Limited
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Sterling Freights Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 25 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28910MH1994PTC082346. Its GSTIN is 27AAACS7190Q1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Nilesh Jashwantlal Kanakia and Hitesh Jashwantlal Kanakia.
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 Wakefield House 2nd Flrsprott Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.78 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 2.4%) and EBITDA of ₹1.6 Cr (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 2% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sterling Freights. Court records list 1 case involving the company, including 1 filed against it; 1 case is 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 sfcargo.com.
Company details
Contact details
Sterling Freights Private Limited's registered office is in Mumbai, Maharashtra. Its website is sfcargo.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressWakefield House 2nd Flrsprott Road Ballard Estate, Mumbai, Maharashtra, India – 400001
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Sterling Freights 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 Freights operates one associated brand: Sterling Freights. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers freight forwarding, customs clearance, and FSSAI consultations for business organizations worldwide. | sfcargo.com |
Business activity
The main business activity of Sterling Freights is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Sterling Freights Private Limited, buy the company report.
Financials of Sterling Freights Private Limited
FY 2025 filings availableSterling Freights Private Limited reported revenue of ₹49.78 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 1% growth in the latest year. EBITDA fell 34% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.6 Cr | ||||
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| Net Profit (PAT) | ₹1.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 2.4% | ||||
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To see the full financial statements and ratios of Sterling Freights Private Limited, buy the company report.
Board of directors of Sterling Freights Private Limited
Sterling Freights has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Jashwantlal Kanakia Also directs: Kankai Total Logistics LLP | Director | 27 Dec 1994 | 31 Years 10 Months | Current |
| Hitesh Jashwantlal Kanakia Also directs: Kankai Total Logistics LLP | Director | 19 Sep 1995 | 31 Years 1 Months | Current |
| Jashwantlal Uttamlal Kanakia | Director | 01 Jan 1996 | 30 Years 10 Months | Current |
Peer comparison
Sterling Freights Private Limited is compared with the 3 companies closest to it by revenue in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jeena Criticare Logistics Private Limited | ₹50.19 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Nexaship Logistics Private Limited | ₹49.97 Cr (FY 2024) | 10.0% | Vasai, Maharashtra, India | |||
| Sterling Freights Private Limitedthis company | ₹49.78 Cr (FY 2024) | ₹1.18 Cr | 2.4% | 1.0% | 42 | Mumbai, Maharashtra, India |
| Fits Voyage Private Limited | ₹49.76 Cr (FY 2025) | 167.0% | Paravur, Kerala, India |
To see the full peer comparison of Sterling Freights Private Limited, buy the company report.
Auditor
Sterling Freights Private Limited is audited by B Y & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B Y & ASSOCIATES | FY 2022 | 123423W |
Shareholding
The shareholding of Sterling Freights Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sterling Freights Private Limited, buy the company report.
Legal cases
Sterling Freights Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by BLR Logistiks India Ltd | Pending |
To see the full case history of Sterling Freights 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sterling Freights Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sterling Freights Private Limited has a workforce of 42 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.
GST
Sterling Freights has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7190Q1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterling Freights Private Limited, buy the company report.
Recent activity
Sterling Freights Private Limited has 6 board changes on record since 1994: 3 appointments and 3 cessations. The latest: Navnitlal Uttamlal Kanakia ceased to be Director on 05 Feb 2018.
Frequently asked questions
Sterling Freights is an active private limited company based in Mumbai, Maharashtra, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 25 October 1994 (32+ years old) and is registered under CIN U28910MH1994PTC082346.
Sterling Freights has 3 current directors:
- Nilesh Jashwantlal Kanakia - Director
- Hitesh Jashwantlal Kanakia - Director
- Jashwantlal Uttamlal Kanakia - Director
The latest financial statements of Sterling Freights 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 Freights is 27AAACS7190Q1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sterling Freights is U28910MH1994PTC082346. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Freights has 1 court case on record: 1 filed against it. 1 is pending.
Sterling Freights was incorporated on 25 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sterling Freights by revenue are Jeena Criticare Logistics Private Limited, Nexaship Logistics Private Limited, Fits Voyage Private Limited, all in the Transport and Logistics industry (Diversified Logistics), with the same principal business activity (services incidental to land, water & air transportation).
Navnitlal Uttamlal Kanakia ceased to be Director on 05 Feb 2018. Ishverlal Manmohandas Kanakia ceased to be Director on 30 Oct 2017. Pravin Kanayalal Kanakia ceased to be Director on 21 Aug 2014. Sterling Freights has 6 board changes on record in total.
Sterling Freights can be reached through the website sfcargo.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Sterling Freights is at Wakefield House 2nd Flrsprott Road Ballard Estate, Mumbai, Maharashtra, India – 400001.
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