Fortune India 500 2025 edition
Rank#471- Total income
- ₹4,996 Cr
- Profit
- ₹-177 Cr
Sterlite Electric Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5,068.04 Cr
▲ 1% YoY
Net loss · FY 2025
₹156.34 Cr
Net margin -3.1%
EBITDA · FY 2025
₹430.78 Cr
EBITDA margin 8.5%
Authorised capital
₹2,020 Cr
Registered with MCA
Paid-up capital
₹40.55 Cr
Issued & subscribed
Open charges
₹33,392 Cr
Satisfied ₹13,161 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
438
Provident fund records
About Sterlite Electric Limited
Data last updated:
Sterlite Electric Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Twin Star Overseas Limited. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 05 May 2015 and has been in existence for over 11 years.
Sterlite Electric is ranked #471 on the Fortune India 500 (2025).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74120PN2015PLC156643. Its GSTIN is 05AAVCS7209P1ZH (Uttarakhand). The company holds 36 GST registrations, of which 32 are active.
The company has an authorised share capital of ₹2,020 Cr and a paid-up capital of ₹40.55 Cr. It is led by directors including Pratik Pravin Agarwal (Managing Director) and Amarendranath Tatimakula Reddy (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 4th Floor Godrej Millennium 9 Koregaon Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹5,068.04 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹156.34 Cr (net margin -3.1%) and EBITDA of ₹430.78 Cr (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 438 employees on its provident fund (EPFO) records. Its group structure includes 38 subsidiaries and 14 joint ventures.
As per MCA filings, the company has open charges of ₹33,392 Cr and satisfied charges of ₹13,161 Cr on record. Court records list 70 cases involving the company, including 22 filed by the company and 48 filed against it; 20 cases are pending. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1,766.69 Cr; the latest was in December 2024. The company has 64 MSME Form 1 returns on record between 2016 and 2024, listing 29,516 overdue payments to 628 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sterlitepower.com.
Company details
CIN U74120PN2015PLC156643
Registration Number 156643
Incorporation Date 05 May 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Twin Star Overseas Limited
Compliance Status Active Compliant
CIN history
Sterlite Electric has one previous CIN (Corporate Identification Number): U74120DN2015PLC000475. The current CIN is U74120PN2015PLC156643, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74120PN2015PLC156643 | Current |
| U74120DN2015PLC000475 | Previous |
Key People
Pratik Pravin Agarwal Managing Director Amarendranath Tatimakula Reddy Whole-Time Director Vani Sundaram Cfo Recognitions & Rankings of Sterlite Electric
Contact details
Sterlite Electric Limited's registered office is in Pune, Maharashtra. Its website is sterlitepower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor Godrej Millennium 9 Koregaon Road, Pune, Maharashtra, India – 411001
- IndustryManufacturing, Cable & Wire
To see the full contact details of Sterlite Electric Limited, buy the company report.
Comprehensive company report
Sterlite Electric 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 activities of Sterlite Electric are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers metal and metal products and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Sterlite Electric Limited, buy the company report.
Financials of Sterlite Electric Limited
FY 2025 filings availableSterlite Electric Limited reported revenue of ₹5,068.04 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹5,068.04 Cr ▲ 1%
Net loss · FY 2025
₹156.34 Cr margin -3.1%
EBITDA · FY 2025
₹430.78 Cr margin 8.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 8%
5 years · compounded
▲ 11%
Revenue rose 1% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 8% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹430.78 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹156.34 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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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 | 8.5% | ||||
| Net Profit Margin | -3.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Sterlite Electric Limited, buy the company report.
Board of directors and KMP of Sterlite Electric Limited
Sterlite Electric Limited currently reports 8 directors and 2 key managerial personnel. 19 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sachin Rajkumar Nandgaonkar Also directs: RPG Life Sciences Limited, Ajax Engineering Limited, Vibgyor Pixel Prints Private Limited and 1 more | Director | 28 Sep 2025 | 1 Years 1 Months | Current |
| Ashok Ganesan Also directs: Sterlumiq Private Limited, Serentica Renewables India 22 Private Limited, Serentica Renewables India 38 Private Limited and 4 more | Company Secretary | 29 May 2017 | 9 Years 5 Months | Current |
| Vani Sundaram | Cfo | 06 Jul 2026 | 0 Years 3 Months | Current |
| Amarendranath Tatimakula Reddy Also directs: Serentica Renewables India 21 Private Limited, Serentica Renewables India 6 Private Limited, Sterlite Grid 30 Limited and 5 more | Whole-Time Director | 01 Apr 2026 | 0 Years 7 Months | Current |
| Anupa Rajiv Sahney | Director | 28 Sep 2025 | 1 Years 1 Months | Current |
| Pratik Pravin Agarwal Also directs: Resonia Limited, Serentica Renewables India Private Limited | Managing Director | 01 Jun 2016 | 10 Years 5 Months | Current |
Showing 6 of 10 current directors and KMP. View all directors and KMP
Auditor
Sterlite Electric Limited is audited by S R B C & CO LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2025 | 324982E/E300003 |
Shareholding
The shareholding of Sterlite Electric 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 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sterlite Electric Limited, buy the company report.
Charges & borrowings
Open charges
₹33,392 Cr
Satisfied charges
₹13,161 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Aug 2026 | 101385989 | Others | ₹76 Cr | Open | |
| 23 Jan 2026 | 101225603 | Others | ₹250 Cr | Open | |
| 04 Oct 2024 | 100992381 | Others | ₹250 Cr | Open | |
| 30 Sep 2024 | 100992095 | Others | ₹150 Cr | Open | |
| 24 Sep 2024 | 100986084 | Others | ₹200 Cr | Open |
To see the full charge records of Sterlite Electric Limited, buy the company report.
Total charge records: 66 View all charges
Deals & funding
Sterlite Electric Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1,766.69 Cr; the latest was in December 2024.
Total deals
7
Funding rounds
4
Secondary share transfers
3
Disclosed funding
₹1,766.69 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Funding round | ₹875 Cr | Investors: GEF Capital Partners, Volrado Venture Partners, PTC Cables Pvt Ltd |
| Dec 2020 | Secondary share transfer | Undisclosed | Seller: Clix India Finance Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Clix India Finance Private Limited Seller: Clix Capital Services Private Limited |
| Dec 2017 | Secondary share transfer | Undisclosed | Seller: Redeemable Preference Shareholder -Sterlite Technologies Limited |
| Aug 2016 | Funding round | ₹687.07 Cr | Investors: Twin Star Overseas Limited, Others - Sterlite Technologies Limited, Life Insurance Corporation Of India |
To see the full deal history of Sterlite Electric Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sterlite Electric Limited has 70 court cases on record: 22 filed by Sterlite Electric, 48 filed against it. 20 cases are pending and 50 are disposed.
Total cases
70
Filed by the company
22
Filed against the company
48
Pending
20
Disposed
50
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 45 | 26 | 12 |
| District courts | 19 | 17 | 7 |
| NCLAT | 3 | 3 | 1 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 70)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2406-Indirect Taxation : Goods and Services Tax, Integrated Goods and Services Tax, State Goods and Services Tax, UT Goods and Services Tax.) | Filed against the company by Union of India and 161 others | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by M/S Epc Solutions LLP | Pending |
| High Court of Delhi | Court case (CM(M)) | Filed against the company by United India Insurance Co. Ltd. | Disposed |
| District court, South East, Delhi | Commercial suit | Filed against the company by Ester Industries Limited | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Hitachi Energy India Limited | Disposed |
To see the full case history of Sterlite Electric 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
Sterlite Electric Limited has 64 MSME Form 1 returns on record between 2016 and 2024, listing 29,516 overdue payments to 628 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 628)
To see the full MSME payment records of Sterlite Electric Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Sterlite Electric has 38 subsidiary companies and 14 joint ventures. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
38
Subsidiary companies
14
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Sterlite Grid 10 Limited | U29100HR2017PLC102281 | |
| Sterlite Grid 5 Limited | U29190PN2016PLC209044 | |
| Sterlite Grid 16 Limited | U29249DN2019PLC005563 | |
| Sterlite Grid 12 Limited | U29304HR2017PLC102285 | |
| Sterlite Grid 17 Limited | U29305DN2019PLC005568 | |
| Sterlite Grid 7 Limited | U29307HR2017PLC102138 |
To see the full group structure of Sterlite Electric Limited, buy the company report.
Employees & EPFO
Sterlite Electric Limited has a workforce of 438 employees on its EPFO records as of Jan 15, 2026, across 2 active EPFO establishments.
Employee count
438
Active EPFO establishments
2
Employee growth
2.58%
GST
Sterlite Electric has 36 GST registrations: 32 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
36
Active
32
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAVCS7209P1ZH | Uttarakhand | Active | 01 Jul 2017 |
| 07AAVCS7209P1ZD | Delhi | Active | 01 Jul 2017 |
| 08AAVCS7209P1ZB | Rajasthan | Active | 01 Jul 2017 |
| 21AAVCS7209P1ZN | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sterlite Electric Limited, buy the company report.
Recent activity
Sterlite Electric Limited has 27 board changes on record since 2015: 10 appointments and 17 cessations. The latest: Vani Sundaram was appointed as CFO on 06 Jul 2026.
Charges
A charge with Others of Rs. 300.00 Cr registered on 14 Jul 2016 with Charge ID 100040847 was modified on 31 Aug 2026.
Charges
A charge with Others amounted to Rs. 76.00 Cr with Charge ID 101385989 was registered on 25 Aug 2026.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 26,842.36 Cr registered on 25 Mar 2021 with Charge ID 100438130 was modified on 20 Aug 2026.
Charges
A charge with Others of Rs. 600.00 Cr registered on 01 Jul 2016 with Charge ID 100041200 was modified on 19 Aug 2026.
Charges
A charge with Yes Bank Limited of Rs. 200.00 Cr registered on 02 Mar 2017 with Charge ID 100086955 was modified on 17 Aug 2026.
Charges
A charge with Others of Rs. 250.00 Cr registered on 23 Jan 2026 with Charge ID 101225603 was modified on 30 Jul 2026.
Charges
A charge with Idbi Bank Limited of Rs. 300.00 Cr registered on 17 Aug 2016 with Charge ID 100058740 was modified on 30 Jul 2026.
Charges
A charge with Others of Rs. 300.00 Cr registered on 24 May 2024 with Charge ID 100933020 was modified on 29 Jul 2026.
Appointed
Vani Sundaram was appointed as CFO.
Appointed
Andrew Wilson Shaw was appointed as Additional Director.
Appointed
Amarendranath Tatimakula Reddy was appointed as Whole-Time Director.
Charges
A charge registered on 21 Jun 2024 via Charge ID 100946144 with Others was fully satisfied on 06 Feb 2026.
159 earlier events are in the company report.
News
Frequently asked questions
Sterlite Electric is an active public limited company based in Pune, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 05 May 2015 (11+ years old) and is registered under CIN U74120PN2015PLC156643.
Sterlite Electric has 10 current directors and KMP:
- Pratik Pravin Agarwal - Managing Director
- Amarendranath Tatimakula Reddy - Whole-Time Director
- Sachin Rajkumar Nandgaonkar - Director
- Anupa Rajiv Sahney - Director
- Alipt Sharma - Nominee Director
- Narayanaswamy Alampallam Ramakrishnan - Director
- Pravin Agarwal - Director
- Andrew Wilson Shaw - Additional Director
- Ashok Ganesan - Company Secretary
- Vani Sundaram - Cfo
The latest financial statements of Sterlite Electric on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Sterlite Electric is 05AAVCS7209P1ZH, registered in Uttarakhand. The company has 36 GST registrations in all, of which 32 are active and 4 are cancelled or inactive. Other active GSTINs include 07AAVCS7209P1ZD (Delhi), 08AAVCS7209P1ZB (Rajasthan), 21AAVCS7209P1ZN (Odisha).
The CIN (Corporate Identification Number) of Sterlite Electric is U74120PN2015PLC156643. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sterlite Electric has 70 court cases on record: 22 filed by the company and 48 filed against it. 20 are pending. Most are in the high courts.
Sterlite Electric was incorporated on 05 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Sterlite Electric has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹1,766.69 Cr; the latest was in December 2024.
Vani Sundaram was appointed as CFO on 06 Jul 2026. Andrew Wilson Shaw was appointed as Additional Director on 29 May 2026. Amarendranath Tatimakula Reddy was appointed as Whole-Time Director on 01 Apr 2026. Sterlite Electric has 27 board changes on record in total.
Sterlite Electric has 64 MSME Form 1 returns on record between 2016 and 2024, listing 29,516 overdue payments to 628 micro and small suppliers. The latest return was filed on 01 May 2024.
Sterlite Electric can be reached through the website sterlitepower.com. Its registered office is in Pune, Maharashtra, India.
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