Sterling Agro Industries Limited

Manufacturer of dairy and instant food products with large processing capacity and wind power generation.

1991 | Delhi (India) | Active
Last Updated: December 23, 2024

Sterling Agro Industries Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 31.83 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 583.16 Cr
  • Satisfied Charges ₹ 1,017.15 Cr
  • Revenue Growth 14.87%
  • Profit Growth 33.67%
  • Ebitda 5.13%
  • Net Worth 1.22%
  • Total Assets 4.62%

About Sterling Agro Industries

Sterling Agro Industries Limited (SAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 October 1991 and has a history of 33 years and four months. Its registered office is in Delhi, India.

The Corporate was formerly known as Sterling Agro Industries Private Limited. The Company is engaged in the Environment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 31.83 Cr.

The company currently has active open charges totaling ₹583.16 Cr. The company has closed loans amounting to ₹1,017.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterling Agro Industries Limited India are Vivek Abrol as COMPANY SECRETARY and Vimal Agrawal as Cfo. Vivek Kesarwani, Laxmi Kesarwani, Kuldeep Saluja, and Six other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    steragro.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U01111DL1991PLC189775

  • Company No.

    189775

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Oct 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Environment
Food and Beverages

What products or services does Sterling Agro Industries Limited offer?

Sterling Agro Industries Limited offers a wide range of products and services, including Milk & Dairy Products, Dairy Products, Milk, Dairy Ingredients, Flavoured Milk, Milk Powder, UHT Milk.

Who are the key members and board of directors at Sterling Agro Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Kuldeep Saluja Country flag representing In Managing Director08-Dec-2014Current
Vivek Abrol Company Secretary16-Sep-2022Current
Vimal Agrawal Country flag representing In CFO02-Apr-2012Current

Board Members (8)

NameDesignationAppointment DateStatus
Ravin Saluja Country flag representing In Whole-Time Director 07-Sep-2000Current
Vivek Kesarwani Country flag representing In Whole-Time Director 10-Jul-1999Current
Laxmi Kesarwani Country flag representing In Whole-Time Director 07-Sep-2000Current
Paramjeet Khamba Country flag representing In Whole-Time Director 01-Aug-2012Current
Purti Katyal Country flag representing In Director 10-Apr-2024Current
Prateek Gupta Country flag representing In Whole-Time Director 02-Jan-2009Current

Financial Performance of Sterling Agro Industries.

Sterling Agro Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 14.87% increase. The company also saw a substantial improvement in profitability, with a 33.67% increase in profit. The company's net worth moved up by a moderate rise of 1.22%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.87%
Revenue from Operations
15.02%
Total Assets
4.62%
Profit or Loss
33.67%
Net Worth
1.22%
EBITDA
5.13%

What is the Ownership and Shareholding Structure of Sterling Agro Industries?

In 2021, Sterling Agro Industries had a promoter holding of 89.79% and a public holding of 10.21%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹583.16 Cr

Satisfied Charges

₹1,017.15 Cr

Charges Breakdown by Lending Institutions

  • Others : 173.20 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 95.00 Cr
  • State Bank Of India : 86.00 Cr
  • Hdfc Bank Limited : 60.91 Cr
  • Citi Bank N.A. : 60.00 Cr
  • Others : 108.06 Cr

Latest Charge Details

DateLenderAmountStatus
04 Oct 2024Yes Bank Limited₹50.00 CrOpen
02 May 2023Others₹3.07 CrOpen
02 May 2023Others₹10.91 CrOpen
05 Apr 2022Others₹12.54 CrOpen
18 Jan 2022Others₹75.00 CrOpen

How Many Employees Work at Sterling Agro Industries?

Unlock and access historical data on people associated with Sterling Agro Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterling Agro Industries, 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 Agro Industries's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Sterling Agro Industries

Recent activity within the organization

  • Charges

    A charge registered on 06 Sep 2013 via Charge ID 10446964 with U. P. Financial Corporation was fully satisfied on 17 Oct 2024.

    17 Oct 2024

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 18 Jan 2022 with Charge ID 100534968 was modified on 11 Oct 2024.

    11 Oct 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100988342 was registered on 04 Oct 2024.

    04 Oct 2024

  • Annual General Meeting

    Sterling Agro Industries Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 02 Aug 2007 with Charge ID 10070203 was modified on 28 Aug 2024.

    28 Aug 2024

  • Charges

    A charge with Citi Bank N.A. of Rs. 60.00 Cr registered on 09 Jan 2014 with Charge ID 10474474 was modified on 10 Jun 2024.

    10 Jun 2024

Frequently asked questions

  • Sterling Agro Industries Limited was incorporated on 10 Oct 1991.

  • The authorized share capital of Sterling Agro Industries Limited is ₹ 100.00 Cr and paid-up capital is ₹ 31.83 Cr.

  • Currently 11 directors are associated with Sterling Agro Industries Limited.

    • Vivek Kesarwani
    • Laxmi Narain Kesarwani
    • Kuldeep Saluja
    • Paramjeet Singh Khamba
    • Purti Katyal
    • Prateek Gupta
    • Sharad Saluja
    • Ravin Saluja
    • Vivek Abrol
    • Vimal Kishore Agrawal
    • Deepak Grover
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Agro Industries Limited is 2Nd Floor A-10 Sanskrit Bhawan Qutub Institutional Area, Aruna Asaf Ali Marg India, New Delhi, 110067.

  • The corporate identification number (CIN) of Sterling Agro Industries Limited is U01111DL1991PLC189775 and the company number is 189775 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterling Agro Industries Limited is https://www.steragro.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Sterling Agro Industries Limited has risen by 14.87%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Sterling Agro Industries Limited has experienced an upsurge of 1.22%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Sterling Agro Industries Limited amount to ₹ 583.16 Cr.

  • The most recent Balance Sheet for Sterling Agro Industries Limited was filed with the ROC on 31 Mar 2024.

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