MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2021-22)
- Udyam number
- UDYAM-MH-26-0049029
Sterling Spares Private Limited
Sterling Spares Private Limited - automotive in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹103.63 Cr
▼ 7% YoY
Net profit · FY 2020
₹1.03 Cr
Net margin 1%
EBITDA · FY 2020
₹2.59 Cr
EBITDA margin 2.5%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.3 Cr
Issued & subscribed
Satisfied charges
₹11.08 Cr
No open charges
Company age
35 yrs
Est. 1991
Employees · EPFO
1
Provident fund records
About Sterling Spares Private Limited
Data last updated:
Sterling Spares Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 19 February 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51502MH1991PTC060357. Its GSTIN is 27AAACS6069C1ZF (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.3 Cr. It is led by directors including Tanzeb Ayaz Thanawala and Aziz Amirali Makani.
Its last annual general meeting (AGM) was held on 18 April 2022, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹103.63 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 1%) and EBITDA of ₹2.59 Cr (EBITDA margin 2.5%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 5% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹11.08 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 3 cases are pending.
Sterling Spares Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0049029). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51502MH1991PTC060357
Registration Number 060357
Incorporation Date 19 February 1991
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 April 2022
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0049029
Key People
Tanzeb Ayaz Thanawala Director Aziz Amirali Makani Director Ayaz Shamshuddin Thanawala Director Recognitions & Rankings of Sterling Spares
Contact details
Sterling Spares Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 3 Ground Floor Light House Dr. Mascarenhas Road Sitafalwadi Mazga, On, Mumbai, Maharashtra, India – 400010
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Sterling Spares Private Limited, buy the company report.
Comprehensive company report
Sterling Spares Private 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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Business activity
The main business activity of Sterling Spares is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Sterling Spares Private Limited, buy the company report.
Financials of Sterling Spares Private Limited
FY 2020 filings availableSterling Spares Private Limited reported revenue of ₹103.63 Cr (down 7% YoY) for FY 2020.
Revenue · FY 2020
₹103.63 Cr ▼ 7%
Net profit · FY 2020
₹1.03 Cr margin 1%
EBITDA · FY 2020
₹2.59 Cr margin 2.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 10%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 2%
5 years · compounded
▲ 5%
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 7% fall in the latest year. EBITDA rose 2% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹103.63 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.03 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.5% | ||||
| Net Profit Margin | 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 Spares Private Limited, buy the company report.
Board of directors of Sterling Spares Private Limited
Sterling Spares has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanzeb Ayaz Thanawala | Director | 23 May 2017 | 9 Years 5 Months | Current |
| Aziz Amirali Makani | Director | 19 Feb 1991 | 35 Years 8 Months | Current |
| Ayaz Shamshuddin Thanawala Also directs: Mileage Auto Private Limited | Director | 01 Apr 1998 | 28 Years 7 Months | Current |
| Ashraf Aziz Makani | Director | 23 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Sterling Spares Private Limited is compared with the 7 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maa Satyavati Motors Private Limited | ₹104.05 Cr (FY 2025) | 19.0% | Etawah, Uttar Pradesh, India | |||
| Ak Gandhi Auto Private Limited | ₹103.94 Cr (FY 2025) | 16.0% | Nagpur, Maharashtra, India | |||
| Singh Sahib Motors Private Limited | ₹103.92 Cr (FY 2024) | 15.0% | Khalilabad, Uttar Pradesh, India | |||
| Pandit Automobiles Pvt. Ltd. | ₹103.87 Cr (FY 2025) | 10.0% | Haryana, India | |||
| Sterling Spares Private Limitedthis company | ₹103.63 Cr (FY 2020) | ₹1.03 Cr | 1% | -7.0% | 1 | Mumbai, Maharashtra, India |
| L R N Motors Private Limited | ₹103.58 Cr (FY 2025) | -7.0% | Salem, Tamil Nadu, India | |||
| Pal Jay Automobiles Private Limited | ₹103.32 Cr (FY 2024) | -20.0% | New Delhi, Delhi, India | |||
| Sai Point Cars Private Limited | ₹102.96 Cr (FY 2025) | 4.0% | Thane, Maharashtra, India |
To see the full peer comparison of Sterling Spares Private Limited, buy the company report.
Auditor
Sterling Spares Private Limited is audited by D G PAREKH & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D G PAREKH & CO | FY 2020 | 107451W |
Shareholding
The shareholding of Sterling Spares Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sterling Spares Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹11.08 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Nov 2015 | 10601064 | Small Industries Development Bank of India | ₹5 Cr | Satisfied | |
| 07 Feb 2007 | 10041132 | Centurion Bank of Punjab Ltd | ₹2.2 Cr | Satisfied | |
| 11 Mar 2004 | 90353202 | State Bank of India | ₹3.5 Cr | Satisfied | |
| 17 Jan 1992 | 90352111 | Development Credit Bank Ltd. | ₹38 Lakh | Satisfied |
To see the full charge records of Sterling Spares Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sterling Spares Private Limited has 9 court cases on record: 4 filed by Sterling Spares, 5 filed against it. 3 cases are pending and 6 are disposed.
Total cases
9
Filed by the company
4
Filed against the company
5
Pending
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 2 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Munci. Appeal) | Filed by the company against Pimpari Chinchwad Muncipal Corporation | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| NCLT, NCLT Mumbai | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
| District court, Pune, Maharashtra | Court case (Munci. Appeal) | Filed by the company against Pimpari Chinchwad Muncipal Corporation and 1 other | Disposed |
To see the full case history of Sterling Spares 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 Spares Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sterling Spares Private Limited has a workforce of 1 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Employee growth
-92.31%
GST
Sterling Spares has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS6069C1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterling Spares Private Limited, buy the company report.
Recent activity
Sterling Spares Private Limited has 6 board changes on record since 1991: 4 appointments and 2 cessations. The latest: Ashraf Aziz Makani was appointed as Director on 23 Sep 2024.
Appointed
Ashraf Aziz Makani was appointed as Director.
Ceased
Amirali Bachubhai Makani ceased to be Director.
AGM
Sterling Spares Private Limited last Annual general meeting of members was held on 18 Apr 2022 as per latest MCA records.
Filing
Sterling Spares Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Mumbai I.
Charges
A charge registered on 03 Nov 2015 via Charge ID 10601064 with Small Industries Development Bank Of India was fully satisfied on 12 Jun 2019.
Ceased
Tanzeb Ayaz Thanawala ceased to be Additional Director.
Appointed
Tanzeb Ayaz Thanawala was appointed as Director.
Charges
A charge with Small Industries Development Bank Of India amounted to Rs. 5.00 Cr with Charge ID 10601064 was registered on 03 Nov 2015.
Charges
A charge registered on 17 Jan 1992 via Charge ID 90352111 with Development Credit Bank Ltd. was fully satisfied on 08 Feb 2011.
Charges
A charge registered on 07 Feb 2007 via Charge ID 10041132 with Centurion Bank Of Punjab Ltd was fully satisfied on 30 Jun 2009.
Charges
A charge registered on 11 Mar 2004 via Charge ID 90353202 with State Bank Of India was fully satisfied on 07 May 2007.
Charges
A charge with Centurion Bank Of Punjab Ltd of Rs. 2.20 Cr registered on 07 Feb 2007 with Charge ID 10041132 was modified on 17 Feb 2007.
8 earlier events are in the company report.
Frequently asked questions
Sterling Spares is an active private limited company based in Mumbai, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 19 February 1991 (35+ years old) and is registered under CIN U51502MH1991PTC060357.
Sterling Spares has 4 current directors:
- Tanzeb Ayaz Thanawala - Director
- Aziz Amirali Makani - Director
- Ayaz Shamshuddin Thanawala - Director
- Ashraf Aziz Makani - Director
The latest financial statements of Sterling Spares on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 18 April 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sterling Spares is 27AAACS6069C1ZF, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sterling Spares is U51502MH1991PTC060357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Spares has 9 court cases on record: 4 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Sterling Spares was incorporated on 19 February 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sterling Spares by revenue are Maa Satyavati Motors Private Limited, Ak Gandhi Auto Private Limited, Singh Sahib Motors Private Limited, Pandit Automobiles Pvt. Ltd, L R N Motors Private Limited and 2 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Ashraf Aziz Makani was appointed as Director on 23 Sep 2024. Amirali Bachubhai Makani ceased to be Director on 05 Sep 2024. Tanzeb Ayaz Thanawala ceased to be Additional Director on 29 Sep 2017. Sterling Spares has 6 board changes on record in total.
Yes, Sterling Spares is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0049029).
The registered office of Sterling Spares is at Office No. 3 Ground Floor Light House Dr. Mascarenhas Road Sitafalwadi Mazga, On, Mumbai, Maharashtra, India – 400010.
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