About Sturdy Industries Limited
Data last updated: 30 July 2025
Sturdy Industries Limited is a public limited company based in Solan, Himachal Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It specialises in agri machinery and equipment, a part of the broader agriculture sector. Incorporated on 27 July 1989, the company has been in operation for over 37 years.
Registered with ROC Himachal Pradesh under CIN L25209HP1989PLC009557. Listed on BSE: 530611.
Capital: an authorised share capital of ₹150.1 Cr and a paid-up capital of ₹146.85 Cr. It is led by directors including Rajinder Paul Bali and Meenu.
Last AGM: 27 September 2023. Financial statements filed for year ended 31 March 2023. Office: Kasauli, Himachal Pradesh.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.6 Cr, a decline of 82% compared to the previous year.
The company has a workforce of approximately 20 employees as per the latest available data.
The company is associated with 1 brand - Sturdy Industries. As per MCA filings, the company has open charges of ₹890.04 Cr and satisfied charges of ₹134.81 Cr on record.
The company is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional, and the company may not be able to independently enter into new commitments. The last known website on record is sturdyindustries.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media**************
-
Registered AddressPlot Number 57 First Floor Sector – 1, India, Kasauli, Himachal Pradesh, India – 173220
-
IndustryAgriculture, Agri Machinery & Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Sturdy Industries Limited
Sturdy Industries Limited has one previous CIN (Corporate Identification Number): U25209HP1989PLC009557. The current CIN is L25209HP1989PLC009557, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25209HP1989PLC009557 | Current |
| U25209HP1989PLC009557 | Previous |
Associated Brands with Sturdy Industries Limited
Sturdy Industries Limited operates one associated brand: Sturdy Industries. These brands represent Sturdy Industries Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of Irrigation systems, Power generation & IT Infrastructure products | sturdyindustries.com |
Business Activity of Sturdy Industries Limited
Sturdy Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | ********* |
Auditor Details of Sturdy Industries Limited
Sturdy Industries Limited is audited by K SINGH & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K SINGH & ASSOCIATES | blur-value | blur-value | blur-value |
Board of Directors of Sturdy Industries Limited
Sturdy Industries Limited is currently managed by 7 directors, with 18 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Rajinder Paul Bali
Also directs:
Greenway Advisors Private Limited
|
Cfo | 02 Sep 2023 | 2 Years 10 Months | As last reported |
| Meenu | Director | 13 Nov 2020 | 5 Years 7 Months | As last reported |
|
Ramesh Kumar Gupta
Also directs:
Alpine Capital Services Limited.
|
Whole-Time Director | 27 Jul 1989 | 36 Years 11 Months | As last reported |
|
Anurag Goel
Also directs:
Proresolution Advisors Llp, Agml Ipe Services Private Limited
|
Irp/Rp/Liquidator | 20 Jun 2024 | 2 Years 0 Months | As last reported |
| Pushpa Devi | Director | 03 Oct 2018 | 7 Years 9 Months | As last reported |
| Shamsher Kumar Sharma | Managing Director | 27 Aug 2018 | 7 Years 10 Months | As last reported |
Financials of Sturdy Industries Limited FY 2024 filings available
Sturdy Industries Limited reported revenue of ₹34 Lakh (down 89.97% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue from Operations | ₹34 Lakh | ₹3.39 Cr | ₹12.09 Cr | ₹51.19 Cr | ₹122.03 Cr | ₹185.25 Cr |
| Other Income | ₹5 Lakh | ₹21 Lakh | ₹8.33 Cr | ₹1.41 Cr | ₹25.54 Cr | ₹10.22 Cr |
| Total Income | ₹39 Lakh | ₹3.6 Cr | ₹20.42 Cr | ₹52.6 Cr | ₹147.57 Cr | ₹195.47 Cr |
| Cost of Materials Consumed | ₹13 Lakh | ₹2.79 Cr | ₹7.86 Cr | ₹48.48 Cr | ₹31.89 Cr | ₹175.56 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹2.54 Cr | ₹0 | ₹87.6 Cr | ₹0 |
| Changes in Inventories | ₹19 Lakh | ₹1.21 Cr | -₹11 Lakh | ₹2.65 Cr | ₹12.88 Cr | -₹5.02 Cr |
| Employee Benefit Expense | ₹1.27 Cr | ₹1.92 Cr | ₹2.42 Cr | ₹2.37 Cr | ₹3.49 Cr | ₹3.56 Cr |
| Finance Costs | ₹0 | ₹1 Lakh | ₹24 Lakh | ₹13.34 Cr | ₹9.34 Cr | ₹5.97 Cr |
| Depreciation & Amortisation | ₹2.16 Cr | ₹2.52 Cr | ₹2.77 Cr | ₹3.03 Cr | ₹3.33 Cr | ₹3.25 Cr |
| Other Expenses | ₹8.31 Cr | ₹3.39 Cr | ₹9.56 Cr | ₹12.8 Cr | ₹98.22 Cr | ₹16.14 Cr |
| Total Expenses | ₹12.06 Cr | ₹11.84 Cr | ₹25.28 Cr | ₹82.67 Cr | ₹246.75 Cr | ₹199.46 Cr |
| Profit Before Exceptional Items & Tax | -₹11.67 Cr | -₹8.24 Cr | -₹4.86 Cr | -₹30.07 Cr | -₹99.18 Cr | -₹3.99 Cr |
| Exceptional Items | ₹0 | ₹2.1 Cr | ₹0 | -₹9.78 Cr | -₹84.28 Cr | -₹16.26 Cr |
| Profit Before Tax | -₹11.67 Cr | -₹6.14 Cr | -₹4.86 Cr | -₹39.85 Cr | -₹183.46 Cr | -₹20.25 Cr |
| Total Tax Expense | -₹2.49 Cr | -₹1.91 Cr | -₹8.44 Cr | -₹10.54 Cr | -₹25.04 Cr | -₹1.99 Cr |
| Net Profit | -₹9.18 Cr | -₹4.23 Cr | ₹3.58 Cr | -₹29.31 Cr | -₹158.42 Cr | -₹18.32 Cr |
| Other Comprehensive Income | ₹9.54 Cr | -₹12 Lakh | -₹3 Lakh | -₹7 Lakh | ₹29 Lakh | ₹0 |
| Total Comprehensive Income | ₹36 Lakh | -₹4.35 Cr | ₹3.55 Cr | -₹29.38 Cr | -₹158.13 Cr | -₹18.32 Cr |
| EBITDA (computed) | -₹9.51 Cr | -₹5.71 Cr | -₹1.85 Cr | -₹13.7 Cr | -₹86.51 Cr | ₹5.23 Cr |
| Basic EPS | ₹-0.70 | ₹-0.37 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Diluted EPS | ₹-0.70 | ₹-0.37 | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Metrics | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Total Assets | ₹108.87 Cr | ₹123.88 Cr | ₹135.52 Cr | ₹122.59 Cr | ₹149.48 Cr | ₹284.76 Cr |
| Non-current Assets | ₹89.93 Cr | ₹93.29 Cr | ₹54.82 Cr | ₹69.86 Cr | ₹74.13 Cr | ₹83.83 Cr |
| Current Assets | ₹18.94 Cr | ₹30.59 Cr | ₹80.7 Cr | ₹52.73 Cr | ₹75.35 Cr | ₹200.93 Cr |
| Property, Plant & Equipment | ₹22.96 Cr | ₹28.48 Cr | ₹33 Cr | ₹44.29 Cr | ₹51.66 Cr | ₹58.52 Cr |
| Inventories | ₹4 Lakh | ₹35 Lakh | ₹3.15 Cr | ₹4.41 Cr | ₹8.71 Cr | ₹33.24 Cr |
| Trade Receivables | ₹18.66 Cr | ₹29.83 Cr | ₹31.75 Cr | ₹38.89 Cr | ₹54.48 Cr | ₹142.96 Cr |
| Cash & Equivalents | ₹3 Lakh | ₹20 Lakh | ₹46 Lakh | ₹36 Lakh | ₹44 Lakh | ₹67 Lakh |
| Equity (Net Worth) | -₹85.1 Cr | -₹83.42 Cr | -₹78.06 Cr | -₹74.66 Cr | -₹45.27 Cr | ₹1.08 Cr |
| Equity Share Capital | ₹146.85 Cr | ₹146.85 Cr | ₹146.85 Cr | ₹146.85 Cr | ₹146.85 Cr | ₹32.25 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹129.54 Cr | ₹121.85 Cr | ₹131.62 Cr |
| Borrowings (Current) | ₹176.42 Cr | ₹184.61 Cr | ₹188.31 Cr | ₹71.8 Cr | ₹33.82 Cr | ₹118.02 Cr |
| Total Debt (computed) | ₹176.42 Cr | ₹184.61 Cr | ₹188.31 Cr | ₹201.34 Cr | ₹155.67 Cr | ₹249.64 Cr |
| Current Liabilities | ₹177.79 Cr | ₹185.25 Cr | ₹191.2 Cr | ₹80.55 Cr | ₹76.94 Cr | ₹149.76 Cr |
| Total Liabilities | ₹193.97 Cr | ₹207.3 Cr | ₹213.58 Cr | ₹197.25 Cr | ₹194.75 Cr | ₹283.68 Cr |
| Metrics | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|
| Operating Cash Flow | ₹2.52 Cr | -₹1.57 Cr | ₹4.55 Cr |
| Investing Cash Flow | ₹8.18 Cr | ₹3 Cr | ₹9.58 Cr |
| Financing Cash Flow | -₹10.83 Cr | -₹3.71 Cr | -₹18.79 Cr |
| Capital Expenditure | ₹0 | -₹60 Lakh | ₹0 |
| Free Cash Flow (computed) | ₹2.52 Cr | -₹2.17 Cr | ₹4.55 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹13 Lakh | -₹2.28 Cr | -₹4.66 Cr |
| Metrics | Q1 FY25 |
|---|---|
| Revenue from Operations | ₹0 |
| Other Income | ₹0 |
| Total Income | ₹0 |
| Cost of Materials Consumed | ₹0 |
| Purchases of Stock-in-Trade | ₹0 |
| Changes in Inventories | ₹0 |
| Employee Benefit Expense | ₹11 Lakh |
| Finance Costs | ₹0 |
| Depreciation & Amortisation | ₹0 |
| Other Expenses | ₹13 Lakh |
| Total Expenses | ₹24 Lakh |
| Profit Before Exceptional Items & Tax | -₹24 Lakh |
| Exceptional Items | ₹0 |
| Profit Before Tax | -₹24 Lakh |
| Total Tax Expense | ₹0 |
| Net Profit | -₹24 Lakh |
| Other Comprehensive Income | ₹0 |
| Total Comprehensive Income | -₹24 Lakh |
| EBITDA (computed) | -₹24 Lakh |
| Basic EPS | ₹0.00 |
| Diluted EPS | ₹0.00 |
Shareholding Pattern of Sturdy Industries Limited
As per the shareholding pattern filed with BSE for the quarter ended Dec 2023, promoters hold 12.09%, retail and other public shareholders hold 87.91% of Sturdy Industries Limited. The company had 31,309 shareholders on record.
| Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|
| Promoters | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% | 24.54% |
| Public | 87.91% | 87.91% | 87.91% | 87.91% | 87.91% | 75.46% |
| Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|
| Promoters | 12.09% | 24.54% | 24.54% |
| Public | 87.91% | 75.46% | 75.46% |
| Promoter change (YoY, %pts) | -12.45 | +0.00 | - |
Charges & Borrowings of Sturdy Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jun 2013 | Others | ₹358.26 Cr | Open |
| 21 Jun 2012 | Punjab National Bank | ₹44.4 Cr | Open |
| 14 Sep 2011 | Punjab National Bank | ₹24 Cr | Open |
| 31 May 2011 | Punjab National Bank | ₹7.25 Cr | Open |
| 31 May 2011 | Punjab National Bank | ₹32 Cr | Open |
Total charge records: 58 View all charges
Employees and EPFO Compliance at Sturdy Industries Limited
Sturdy Industries Limited has a workforce of 20 employees as of Apr 05, 2024.
Employee Count & EPFO Data of Sturdy Industries Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Sturdy Industries Limited
GSTIN & GST Filing Data of Sturdy Industries Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Sturdy Industries Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Sturdy Industries Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Sturdy Industries Limited
MSME Payment Delays by Sturdy Industries Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Sturdy Industries Limited
Subsidiaries & Group Companies of Sturdy Industries Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Sturdy Industries Limited with ownership details.
MCA Filings & Documents of Sturdy Industries Limited
MCA Filings & Documents of Sturdy Industries Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Sturdy Industries Limited
Frequently Asked Questions about Sturdy Industries Limited
Sturdy Industries Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sturdy Industries Limited is a company under insolvency, formerly operating as a public limited company in the agriculture sector based in Solan, Himachal Pradesh, India. It was incorporated on 27 July 1989 and is registered under CIN L25209HP1989PLC009557. Listed on BSE: 530611. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sturdy Industries Limited reported revenue of ₹3.6 Cr for FY 2023 (down 82.00% YoY).
The current directors of Sturdy Industries Limited are:
- Rajinder Paul Bali
- Meenu
- Ramesh Kumar Gupta
- Anurag Goel
- Pushpa Devi
- Shamsher Kumar Sharma
- Puja
The CIN (Corporate Identification Number) of Sturdy Industries Limited is L25209HP1989PLC009557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sturdy Industries Limited is listed on BSE with code 530611.