Sterling Gases Ltd

Produces and exports various gases for industrial and commercial use.

1985 | Ernakulam, Kerala (India) | Active
Last Updated: October 24, 2024

Sterling Gases Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 9.75 M
  • Company Age 40 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.10 M
  • Satisfied Charges ₹ 8.94 M
  • Revenue Growth 5.67%
  • Profit Growth 722.58%
  • Ebitda 340.19%
  • Net Worth 19.31%
  • Total Assets -2.87%

About Sterling Gases

Sterling Gases Ltd (SGL) is a Public Limited Indian Non-Government Company incorporated in India on 30 January 1985 and has a history of 40 years. Its registered office is in Ernakulam, Kerala, India.

The Company is engaged in the Chemicals And Materials 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 1.10 Cr and a paid-up capital of Rs 9.75 M.

The company currently has active open charges totaling ₹1.10 M. The company has closed loans amounting to ₹8.94 M, as per Ministry of Corporate Affairs (MCA) records.

Kallingal Narayanan, Murugan Karthikeyan, Sharadha Narayana, and One other member serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24111KL1985PLC004128

  • Company No.

    004128

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Jan 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Chemicals and Materials

What products or services does Sterling Gases Ltd offer?

Sterling Gases Ltd offers a wide range of products and services, including Medical Gases, Nitrogen Gas, Natural, Industrial & Medical Gases, Carbon Dioxide Gas, Rare Gases, Argon Gas, Surgical & ICU Equipments, Oxygen Cylinder, Industrial Gases, Hydrogen Gas.

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

Executive Team (1)

Name Designation Appointment Date Status
Murugan Karthikeyan Country flag representing In Managing Director 13-May-2024 Current

Board Members (3)

Name Designation Appointment Date Status
Kallingal Narayanan Country flag representing In Whole-Time Director 01-Oct-2016 Current
Sharadha Narayana Country flag representing In Director 23-May-2024 Current
Jerry Cherian Director 31-Jul-2024 Current

Financial Performance of Sterling Gases.

Sterling Gases Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 5.67% increase. The company also saw a substantial improvement in profitability, with a 722.58% increase in profit. The company's net worth Soared by an impressive increase of 19.31%.

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
5.67%
Revenue from Operations
5.58%
Total Assets
-2.87%
Profit or Loss
722.58%
Net Worth
19.31%
EBITDA
340.19%

What is the Ownership and Shareholding Structure of Sterling Gases?

In 2023, Sterling Gases had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.11 Cr

Satisfied Charges

₹0.89 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 0.11 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2023 Indian Overseas Bank ₹1.10 M Open
22 Dec 2010 Dena Bank ₹2.24 M Satisfied
27 Aug 2008 The Manager ₹1.50 M Satisfied
19 Jul 2007 The Manager ₹5.20 M Satisfied

How Many Employees Work at Sterling Gases?

Sterling Gases has a workforce of 35 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterling Gases, 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 Gases'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 Gases

Recent activity within the organization

  • Annual General Meeting

    Sterling Gases Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Jerry Cherian was appointed as a Director was appointed as a Director on 31 Jul 2024 & has been associated with this company since 6 months 11 days .

    31 Jul 2024

  • Director Appointment

    Sharadha Narayana was appointed as a Director was appointed as a Director on 23 May 2024 & has been associated with this company since 8 months 18 days .

    23 May 2024

  • Director Appointment

    Murugan Karthikeyan was appointed as a Managing Director was appointed as a Managing Director on 13 May 2024 & has been associated with this company since 8 months 28 days .

    13 May 2024

  • Balance Sheet

    Sterling Gases Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

    31 Mar 2024

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.11 Cr with Charge ID 100799023 was registered on 25 Sep 2023.

    25 Sep 2023

Frequently asked questions

  • Sterling Gases Ltd was incorporated on 30 Jan 1985.

  • The authorized share capital of Sterling Gases Ltd is ₹ 1.10 Cr and paid-up capital is ₹ 9.75 M.

  • Currently 4 directors are associated with Sterling Gases Ltd.

    • Kallingal Sankara Narayanan
    • Murugan Karthikeyan
    • Sharadha Narayana
    • Jerry Cherian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Gases Ltd is I/333 Hocl Complexambalamugal India, Ernakulam, Kerala, 682302.

  • The corporate identification number (CIN) of Sterling Gases Ltd is U24111KL1985PLC004128 and the company number is 004128 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Sterling Gases Ltd is https://www.sterlinggases.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Gases Ltd has risen by 5.67%.

  • As Per 2023 financial reports, 35 employees are currently employed by Sterling Gases Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Gases Ltd has experienced an upsurge of 19.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sterling Gases Ltd amount to ₹ 1.10 M.

  • The most recent Balance Sheet for Sterling Gases Ltd was filed with the ROC on 31 Mar 2024.

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