MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0006944
Sterling E-Mobility Solutions Limited - automotive in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹386.61 Cr
▲ 19% YoY
Net profit · FY 2025
₹16.59 Cr
Net margin 4.3%
EBITDA · FY 2025
₹27.34 Cr
EBITDA margin 7.1%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹28.46 Cr
Issued & subscribed
Open charges
₹119.83 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
102
Provident fund records
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 4 cases involving the company, including 1 filed by the company and 3 filed against it; 4 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.
Sterling E-Mobility Solutions Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0006944). 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.
Company details
CIN U31909DL2020PLC360123
Registration Number 360123
Incorporation Date 10 January 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sterling Tools Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0006944
Key People
Jaideep Wadhwa Managing Director Atul Aggarwal Director Rashmi Hemant Urdhwareshe Director Recognitions & Rankings of Sterling E-Mobility Solutions
Contact details
Sterling E-Mobility Solutions Limited's registered office is in New Delhi, Delhi. Its website is sterlinggtake.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDj – 1210 12th Floor, DLF Tower – B Jasola District Centre, New Delhi, Delhi, India – 110025
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Sterling E-Mobility Solutions Limited, buy the company report.
Comprehensive company report
Sterling E-Mobility Solutions 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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Brands
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sterling E-Mobility Solutions Limited, buy the company report.
Financials of Sterling E-Mobility Solutions Limited
FY 2025 filings availableSterling E-Mobility Solutions Limited reported revenue of ₹386.61 Cr (up 19% YoY) for FY 2025.
Revenue · FY 2025
₹386.61 Cr ▲ 19%
Net profit · FY 2025
₹16.59 Cr margin 4.3%
EBITDA · FY 2025
₹27.34 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 116%
5 years · compounded
▲ 898%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 118%
5 years · compounded
▲ 123%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹27.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.59 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Sterling E-Mobility Solutions Limited, buy the company report.
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.
Current Directors
| 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 9 Months | Current |
| Atul Aggarwal | Director | 10 Jan 2020 | 6 Years 9 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 | 2 Years 0 Months | Current |
| Anil Aggarwal | Director | 05 Aug 2024 | 2 Years 3 Months | Current |
| Rakesh Batra Also directs: Sterling Tools Limited | Director | 01 Aug 2023 | 3 Years 3 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 9 Months | Current |
Auditor
Sterling E-Mobility Solutions Limited is audited by S.R. Dinodia & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Dinodia & Co. LLP | FY 2024 | N500005 |
Shareholding
The shareholding of Sterling E-Mobility Solutions 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 category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sterling E-Mobility Solutions Limited, buy the company report.
Charges & borrowings
Open charges
₹119.83 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2023 | 100818497 | State Bank of India | ₹53.83 Cr | Open | |
| 10 Jun 2023 | 100737210 | Hdfc Bank Limited | ₹7.5 Cr | Open | |
| 31 Jul 2021 | 100470125 | Hdfc Bank Limited | ₹58.5 Cr | Open |
To see the full charge records of Sterling E-Mobility Solutions Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
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.
Total deals
5
Rights issues
2
Secondary share transfers
2
Funding round
1
Disclosed funding
₹5.05 Cr
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sterling E-Mobility Solutions Limited has 4 court cases on record: 1 filed by Sterling E-Mobility Solutions, 3 filed against it. All cases are pending.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 3 |
| High courts | 1 | 1 | 1 |
Cases on record (4 of 4)
| 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 |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State Government | Pending |
To see the full case history of Sterling E-Mobility Solutions 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 E-Mobility Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sterling E-Mobility Solutions Limited has a workforce of 102 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
102
Active EPFO establishments
1
Employee growth
64.52%
GST
Sterling E-Mobility Solutions has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06ABDCS2305P1Z8 | Haryana | Active | 26 Jan 2020 |
| 29ABDCS2305P1Z0 | Karnataka | Active | 05 Oct 2023 |
| 33ABDCS2305P1ZB | Tamil Nadu | Active | 01 Sep 2024 |
To see the full GST registrations and return filing status of Sterling E-Mobility Solutions Limited, buy the company report.
Recent activity
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.
AGM
Sterling E-Mobility Solutions Limited last Annual general meeting of members was held on 02 Sep 2025 as per latest MCA records.
Ceased
Rashmi Hemant Urdhwareshe ceased to be Additional Director.
Appointed
Gaurav Puri was appointed as CFO.
Ceased
Pankaj Gupta ceased to be CFO.
Filing
Sterling E-Mobility Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Appointed
Rashmi Hemant Urdhwareshe was appointed as Director.
Ceased
Anil Aggarwal ceased to be Additional Director.
Appointed
Anil Aggarwal was appointed as Director.
Charges
A charge with Hdfc Bank Limited of Rs. 58.50 Cr registered on 31 Jul 2021 with Charge ID 100470125 was modified on 24 Jun 2024.
Charges
A charge with State Bank Of India amounted to Rs. 53.83 Cr with Charge ID 100818497 was registered on 03 Nov 2023.
Ceased
Rakesh Batra ceased to be Additional Director.
Appointed
Rakesh Batra was appointed as Director.
7 earlier events are in the company report.
News
Frequently asked questions
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 has 6 current directors:
- Jaideep Wadhwa - Managing Director
- Atul Aggarwal - Director
- Rashmi Hemant Urdhwareshe - Director
- Anil Aggarwal - Director
- Rakesh Batra - Director
- Anish Agarwal - Director
The latest financial statements of Sterling E-Mobility Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from FY 2020 are in the company report.
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 4 court cases on record: 1 filed by the company and 3 filed against it. 4 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.
Rashmi Hemant Urdhwareshe ceased to be Additional Director on 12 Jun 2025. Gaurav Puri was appointed as CFO on 10 May 2025. Pankaj Gupta ceased to be CFO on 09 May 2025. Sterling E-Mobility Solutions has 12 board changes on record in total.
Yes, Sterling E-Mobility Solutions is registered as a medium enterprise under Udyam registration (number: UDYAM-HR-03-0006944).
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