MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-13-0012382
Sterling Tapes Limited - packaging in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹89.17 Cr
▼ 5% YoY
Net profit · FY 2026
₹96.74 Lakh
Net margin 1.1%
EBITDA · FY 2026
₹3.66 Cr
EBITDA margin 4.1%
Authorised capital
₹4.5 Cr
Registered with MCA
Paid-up capital
₹4.23 Cr
Issued & subscribed
Open charges
₹33 Cr
Satisfied ₹56.77 Cr
Company age
29 yrs
Est. 1997
Employees · EPFO
32
Provident fund records
About Sterling Tapes Limited
Data last updated:
Sterling Tapes Limited is a public limited company based in Belgaum, Karnataka, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 22 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32303KA1997PLC023203. Its GSTIN is 29AADCS9966P1Z5 (Karnataka). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.23 Cr. It was formerly known as Sterling Tapes Private Limited. It is led by directors including Dhaval Bhupendra Shah and Krupa Sureshbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Belgaum, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹89.17 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹96.74 Lakh (net margin 1.1%) and EBITDA of ₹3.66 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sterling Tapes. As per MCA filings, the company has open charges of ₹33 Cr and satisfied charges of ₹56.77 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Sterling Tapes Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-13-0012382). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sterlingtapes.com.
Company details
CIN U32303KA1997PLC023203
Registration Number 023203
Incorporation Date 22 December 1997
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-13-0012382
CIN history
Sterling Tapes has one previous CIN (Corporate Identification Number): U32303KA1997PTC023203. The current CIN is U32303KA1997PLC023203, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32303KA1997PLC023203 | Current |
| U32303KA1997PTC023203 | Previous |
Key People
Dhaval Bhupendra Shah Director Krupa Sureshbhai Shah Director Popatlal Pukharaj Jain Director Recognitions & Rankings of Sterling Tapes
Contact details
Sterling Tapes Limited's registered office is in Belgaum, Karnataka. Its website is sterlingtapes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 1333 C & D1 KIADB Kanbargi Industrial Area, Auto Nagar Belagavi, Belgaum, Karnataka, India – 590015
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Sterling Tapes Limited, buy the company report.
Comprehensive company report
Sterling Tapes 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 Tapes operates one associated brand: Sterling Tapes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Surface protection films for industrial materials and custom designs in India. | sterlingtapes.com |
Business activity
The main business activity of Sterling Tapes is manufacturing. In detail, this covers manufacture of rubber and plastics products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 22 | Manufacture of rubber and plastics products |
To see the full business activity and turnover split of Sterling Tapes Limited, buy the company report.
Financials of Sterling Tapes Limited
FY 2026 filings availableSterling Tapes Limited reported revenue of ₹89.17 Cr (down 5% YoY) for FY 2026.
Revenue · FY 2026
₹89.17 Cr ▼ 5%
Net profit · FY 2026
₹96.74 Lakh margin 1.1%
EBITDA · FY 2026
₹3.66 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 9%
5 years · compounded
▲ 20%
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 9% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹89.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.66 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹96.74 Lakh | ||||
| 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 Tapes Limited, buy the company report.
Board of directors of Sterling Tapes Limited
Sterling Tapes has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhaval Bhupendra Shah | Director | 02 Jan 2023 | 3 Years 10 Months | Current |
| Krupa Sureshbhai Shah Also directs: Sterling Packaging Private Limited | Director | 20 Apr 2024 | 2 Years 6 Months | Current |
| Popatlal Pukharaj Jain | Director | 10 Feb 2005 | 21 Years 9 Months | Current |
Auditor
Sterling Tapes Limited is audited by AMKS & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMKS & CO. | FY 2026 | 128982W |
Shareholding
The shareholding of Sterling Tapes Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sterling Tapes Limited, buy the company report.
Charges & borrowings
Open charges
₹33 Cr
Satisfied charges
₹56.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Dec 2024 | 101036378 | Sidbi | ₹2 Cr | Open | |
| 01 Mar 2024 | 100879271 | Sidbi | ₹1.58 Cr | Open | |
| 01 Mar 2024 | 100872692 | Sidbi | ₹1 Cr | Open | |
| 29 Mar 2022 | 100557752 | Sidbi | ₹1.42 Cr | Open | |
| 06 Jan 2020 | 100314028 | Sidbi | ₹13.5 Cr | Open |
To see the full charge records of Sterling Tapes Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Sterling Tapes Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, kachchh at Bhuj, Gujarat | Criminal complaint | Filed against the company by Petrochem Middle East India Pvt.Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by M S Spectrum Polymers Pvt Ltd | Disposed |
| Bombay High Court | Court case (S) | Filed against the company by M/S. Spectrum Polymers Pvt. Ltd. | Disposed |
To see the full case history of Sterling Tapes 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.
Credit ratings & regulatory alerts
Sterling Tapes Limited was last rated by Crisil on 25 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 25 Nov 2020 |
To see the full credit ratings and regulatory alerts of Sterling Tapes Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sterling Tapes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sterling Tapes Limited has a workforce of 32 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
32
Active EPFO establishments
2
Employee growth
-5.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 32 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sterling Tapes Limited, buy the company report.
GST
Sterling Tapes has 9 GST registrations: 3 active and 6 cancelled or inactive.
Total GSTINs
9
Active
3
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCS9966P1Z5 | Karnataka | Active | 01 Jul 2017 |
| 29AADCS9966P2Z4 | Karnataka | Active | 01 Apr 2025 |
| 24AADCS9966P1ZF | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterling Tapes Limited, buy the company report.
Recent activity
Sterling Tapes Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Krupa Sureshbhai Shah was appointed as Director on 20 Apr 2024.
Filing
Sterling Tapes Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
AGM
Sterling Tapes Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi of Rs. 2.00 Cr registered on 10 Dec 2024 with Charge ID 101036378 was modified on 21 Jan 2025.
Charges
A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 101036378 was registered on 10 Dec 2024.
Charges
A charge with Sidbi of Rs. 1.00 Cr registered on 01 Mar 2024 with Charge ID 100872692 was modified on 15 Jul 2024.
Charges
A charge with Sidbi of Rs. 1.42 Cr registered on 29 Mar 2022 with Charge ID 100557752 was modified on 15 Jul 2024.
Charges
A charge with Sidbi of Rs. 13.50 Cr registered on 06 Jan 2020 with Charge ID 100314028 was modified on 15 Jul 2024.
Charges
A charge registered on 29 Jun 2020 via Charge ID 100344084 with Sidbi was fully satisfied on 26 Jun 2024.
Charges
A charge registered on 16 Dec 2016 via Charge ID 100089260 with Sidbi was fully satisfied on 26 Jun 2024.
Appointed
Krupa Sureshbhai Shah was appointed as Director.
Charges
A charge with Sidbi amounted to Rs. 1.58 Cr with Charge ID 100879271 was registered on 01 Mar 2024.
Charges
A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100872692 was registered on 01 Mar 2024.
26 earlier events are in the company report.
Frequently asked questions
Sterling Tapes is an active public limited company based in Belgaum, Karnataka, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 22 December 1997 (29+ years old) and is registered under CIN U32303KA1997PLC023203.
Sterling Tapes has 3 current directors:
- Dhaval Bhupendra Shah - Director
- Krupa Sureshbhai Shah - Director
- Popatlal Pukharaj Jain - Director
The latest financial statements of Sterling Tapes on record with the MCA are for the year ended 31 March 2026. 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 Tapes is 29AADCS9966P1Z5, registered in Karnataka. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 29AADCS9966P2Z4 (Karnataka), 24AADCS9966P1ZF (Gujarat).
The CIN (Corporate Identification Number) of Sterling Tapes is U32303KA1997PLC023203. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterling Tapes has 3 court cases on record: 3 filed against it. Most are in the district courts.
Sterling Tapes was incorporated on 22 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
Krupa Sureshbhai Shah was appointed as Director on 20 Apr 2024. Dhaval Bhupendra Shah was appointed as Director on 02 Jan 2023. Bhupendra Anopchand Shah ceased to be Director on 19 Dec 2022. Sterling Tapes has 6 board changes on record in total.
Yes, Sterling Tapes is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-13-0012382).
Sterling Tapes can be reached through the website sterlingtapes.com. Its registered office is in Belgaum, Karnataka, India.
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