Sterling Martek (I) Private Limited
About Sterling Martek (I) Private Limited
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Sterling Martek (I) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 21 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2010PTC207980. Its GSTIN is 27AAOCS7981B1ZW (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors including Jayantilal Somchand Shah and Tushar Lakhamshi Shah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 308 Parimal Chs Ltd. R.B.Mehta Marg Ghatkopar (E), Mumbai, Maharashtra, India – 400077.
As per the financials filed for FY 2021, the company reported a revenue of ₹54,258, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹22,388 (net margin -41.3%) and EBITDA of ₹14,621 (EBITDA margin 26.9%). Revenue has declined at a compounded annual rate (CAGR) of 81% over three years and 49% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sterling Martek (I) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address308 Parimal Chs Ltd. R.B.Mehta Marg Ghatkopar (E), Mumbai, Maharashtra, India – 400077
- IndustryEngineering, Marine & Naval Engineering
To see the full contact details of Sterling Martek (I) 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
Business activity
The main business activity of Sterling Martek (I) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Sterling Martek (I) Private Limited, buy the company report.
Financials of Sterling Martek (I) Private Limited
FY 2021 filings availableSterling Martek (I) Private Limited reported revenue of ₹54,258 (down 95% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 95% fall in the latest year. EBITDA rose 102% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹14,621 | ||||
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| Net Profit (PAT) | -₹22,388 | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 26.9% | ||||
| Net Profit Margin | -41.3% | ||||
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To see the full financial statements and ratios of Sterling Martek (I) Private Limited, buy the company report.
Board of directors of Sterling Martek (I) Private Limited
Sterling Martek (I) has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayantilal Somchand Shah | Director | 21 Sep 2010 | 16 Years 1 Months | Current |
| Tushar Lakhamshi Shah | Director | 21 Sep 2010 | 16 Years 1 Months | Current |
| Alok Narendra Kamdar | Director | 21 Sep 2010 | 16 Years 1 Months | Current |
| Narendra Shantilal Kamdar | Director | 21 Sep 2010 | 16 Years 1 Months | Current |
Auditor
Sterling Martek (I) Private Limited is audited by SAMIR GANDHI & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMIR GANDHI & CO | FY 2018 | 127096W |
Shareholding
The shareholding of Sterling Martek (I) Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sterling Martek (I) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sterling Martek (I) Private Limited 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 Martek (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sterling Martek (I) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS7981B1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterling Martek (I) Private Limited, buy the company report.
Recent activity
Sterling Martek (I) Private Limited has 4 board changes on record since 2010: 4 appointments. The latest: Alok Narendra Kamdar was appointed as Director on 21 Sep 2010.
Frequently asked questions
Sterling Martek (I) is an active private limited company based in Mumbai, Maharashtra, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 21 September 2010 (16+ years old) and is registered under CIN U29253MH2010PTC207980.
Sterling Martek (I) has 4 current directors:
- Jayantilal Somchand Shah - Director
- Tushar Lakhamshi Shah - Director
- Alok Narendra Kamdar - Director
- Narendra Shantilal Kamdar - Director
The latest financial statements of Sterling Martek (I) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Sterling Martek (I) is 27AAOCS7981B1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Sterling Martek (I) is U29253MH2010PTC207980. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Martek (I) was incorporated on 21 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Alok Narendra Kamdar was appointed as Director on 21 Sep 2010. Jayantilal Somchand Shah was appointed as Director on 21 Sep 2010. Narendra Shantilal Kamdar was appointed as Director on 21 Sep 2010. Sterling Martek (I) has 4 board changes on record in total.
The registered office of Sterling Martek (I) is at 308 Parimal Chs Ltd. R.B.Mehta Marg Ghatkopar E, Mumbai, Maharashtra, India – 400077.
Sterling Martek (I) operates in the engineering industry, in the marine and naval engineering segment.
The compliance status of Sterling Martek (I) is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
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