Sterling Agri Produce Profile
Key Indicators
- Authorised Capital ₹ 10.01 Cr
- Paid Up Capital ₹ 10.01 Cr
- Company Age 28 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,343.65 Cr
- Satisfied Charges ₹ 3,082.32 Cr
- Revenue Growth %
- Profit Growth -111.27%
- Ebitda -25.29%
- Net Worth -2.01%
- Total Assets -0.37%
About Sterling Agri Produce
Sterling Agri Produce Private Limited (SAPPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 March 1996 and has a history of 28 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Sterling Hire Purchase And Leasing Private Limited. The Company is engaged in the Agriculture Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.01 Cr and a paid-up capital of Rs 10.01 Cr.
The company currently has active open charges totaling ₹1,343.65 Cr. The company has closed loans amounting to ₹3,082.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nagarajan Natarajan and Annamalai Govindaraj serve as directors at the Company.
Company Details
-
Location
Chennai, Tamil Nadu, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U65921TN1996PTC034927
-
Company No.
034927
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
25 Mar 1996
-
Date of AGM
28 Sep 2023
-
Date of Balance Sheet
31 Mar 2023
-
Listing Status
Unlisted
-
ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Sterling Agri Produce?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nagarajan Natarajan
|
Director | 29-Aug-2018 | Current |
|
Annamalai Govindaraj
|
Director | 07-Jul-2020 | Current |
Financial Performance of Sterling Agri Produce.
Sterling Agri Produce Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 111.27% decrease in profit. The company's net worth dipped by a decrease of 2.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Sterling Agri Produce?
In 2022, Sterling Agri Produce had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Eth LimitedAnnamalai Govindaraj is a mutual person
-
Sterling Agro Product Processing Private LimitedNagarajan Natarajan and Annamalai Govindaraj are mutual person
-
Siva Outsourcing Services Private Limited
Nagarajan Natarajan and Annamalai Govindaraj are mutual person
-
Siva Techinfo Services Private Limited
Nagarajan Natarajan and Annamalai Govindaraj are mutual person
-
Siva Green Power Projects India Private Limited
Nagarajan Natarajan is a mutual person
-
Siva Housing Projects India Private Limited
Nagarajan Natarajan is a mutual person
Charges (Loans)
₹1,343.65 Cr
₹3,082.32 Cr
Charges Breakdown by Lending Institutions
- Central Bank Of India : 1114.00 Cr
- State Bank Of India : 229.65 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2013 | State Bank Of India | ₹229.65 Cr | Open |
| 05 Dec 2013 | Central Bank Of India | ₹1,114.00 Cr | Open |
| 27 May 2014 | Yes Bank Limited | ₹54.50 Cr | Satisfied |
| 27 May 2014 | Yes Bank Limited | ₹12.00 Cr | Satisfied |
| 27 May 2014 | Yes Bank Limited | ₹13.00 Cr | Satisfied |
How Many Employees Work at Sterling Agri Produce?
Unlock and access historical data on people associated with Sterling Agri Produce, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Sterling Agri Produce, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sterling Agri Produce's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
