Sterling Holiday Resorts Limited

A hospitality company offering vacation ownership sales, resorts and hotel sales, and time share options.

1989 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Sterling Holiday Resorts Profile

Key Indicators

  • Authorised Capital ₹ 132.50 Cr
  • Paid Up Capital ₹ 29.05 Cr
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 96.49 Cr
  • Satisfied Charges ₹ 47.00 Cr
  • Revenue Growth 30.87%
  • Profit Growth 37.94%
  • Ebitda 4.29%
  • Net Worth 14.15%
  • Total Assets 2.71%

About Sterling Holiday Resorts

Sterling Holiday Resorts Limited (SHRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 December 1989 and has a history of 35 years and two months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as India Alive Tours Limited. The Company is engaged in the Travel And Hospitality 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 132.50 Cr and a paid-up capital of Rs 29.05 Cr.

The company currently has active open charges totaling ₹96.49 Cr. The company has closed loans amounting to ₹47.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterling Holiday Resorts Limited India are A Muthukumaran as Company Secretary, Vikram Lalvani as Ceo, and L Kumar as Cfo. Madhavan Karunakaran, Pravir Vohra, Sumit Maheshwari, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U63040TN1989PLC114064

  • Company No.

    114064

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Dec 1989

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Travel and Hospitality

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

Executive Team (3)

NameDesignationAppointment DateStatus
Vikram Lalvani Country flag representing In Managing Director24-Jan-2022Current
A Muthukumaran Country flag representing In Company Secretary24-Jan-2022Current
L Kumar Country flag representing In CFO03-Aug-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Sumit Maheshwari Country flag representing In Director 25-Jul-2018Current
Pravir Vohra Country flag representing In Director 28-Jul-2021Current
Madhavan Karunakaran Country flag representing In Director 15-Jan-2001Current
Latha Ramanathan Country flag representing In Director 19-Aug-2015Current

Financial Performance of Sterling Holiday Resorts.

Sterling Holiday Resorts Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 30.87% increase. The company also saw a substantial improvement in profitability, with a 37.94% increase in profit. The company's net worth Soared by an impressive increase of 14.15%.

Sterling Holiday Resorts revenue growth over time
Sterling Holiday Resorts 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
30.87%
Revenue from Operations
31.10%
Total Assets
2.71%
Profit or Loss
37.94%
Net Worth
14.15%
EBITDA
4.29%

What is the Ownership and Shareholding Structure of Sterling Holiday Resorts?

In 2022, Sterling Holiday Resorts had a promoter holding of 100.00%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹96.49 Cr

Satisfied Charges

₹47.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 83.49 Cr
  • Others : 13.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Oct 2021Hdfc Bank Limited₹3.50 MOpen
20 May 2021Hdfc Bank Limited₹8.93 CrOpen
03 Mar 2021Others₹13.00 CrOpen
30 Jan 2021Hdfc Bank Limited₹1.50 MOpen
05 Oct 2020Hdfc Bank Limited₹7.54 CrOpen

How Many Employees Work at Sterling Holiday Resorts?

Sterling Holiday Resorts has a workforce of 1805 employees as of Apr 10, 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.

Employee growth trends for Sterling Holiday Resorts Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Sterling Holiday Resorts Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Sterling Holiday Resorts Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 11 Dec 2013 via Charge ID 10470429 with L & T Finance Limited was fully satisfied on 10 Jun 2022.

  • Director Appointment

    Vikram Dayal Lalvani was appointed as a Managing Director was appointed as a Managing Director on 24 Jan 2022 & has been associated with this company since 3 years 1 month .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.35 Cr with Charge ID 100503327 was registered on 30 Oct 2021.

  • Director Appointment

    Pravir Kumar Vohra was appointed as a Director was appointed as a Director on 28 Jul 2021 & has been associated with this company since 3 years 7 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Sterling Holiday Resorts Limited?

    Sterling Holiday Resorts Limited was incorporated on 26 Dec 1989.

  • What is authorized share capital and paid-up capital of Sterling Holiday Resorts Limited?

    The authorized share capital of Sterling Holiday Resorts Limited is ₹ 132.50 Cr and paid-up capital is ₹ 29.05 Cr.

  • Who are the current board members & directors of Sterling Holiday Resorts Limited?

    Currently 8 directors are associated with Sterling Holiday Resorts Limited.

    • Madhavan Menon Karunakaran
    • Pravir Kumar Vohra
    • Sumit Maheshwari
    • Latha Ramanathan
    • Vikram Dayal Lalvani
    • A Muthukumaran
    • Vikram Dayal Lalvani
    • L Krishna Kumar

  • What is the registered address of Sterling Holiday Resorts Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Holiday Resorts Limited is Purva Primus 4Th Floor 236, Okihiyampettai Old Mahabalipurem Road Thoraipakkam, Tamil Nadu, India, 600097.

  • What is the corporate identification number (CIN) and company number of Sterling Holiday Resorts Limited?

    The corporate identification number (CIN) of Sterling Holiday Resorts Limited is U63040TN1989PLC114064 and the company number is 114064 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sterling Holiday Resorts Limited?

    The Official website of Sterling Holiday Resorts Limited is https://www.sterlingholidays.com

  • What has been the recent revenue trend for Sterling Holiday Resorts Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Holiday Resorts Limited has risen by 30.87%.

  • How many employees does Sterling Holiday Resorts Limited currently have?

    As Per 2023 financial reports, 1805 employees are currently employed by Sterling Holiday Resorts Limited.

  • What change has been observed in the net worth of Sterling Holiday Resorts Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Holiday Resorts Limited has experienced an upsurge of 14.15%.

  • What are the total open charges for Sterling Holiday Resorts Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sterling Holiday Resorts Limited amount to ₹ 96.49 Cr.

  • When was the last Balance Sheet of Sterling Holiday Resorts Limited filed with the ROC?

    The most recent Balance Sheet for Sterling Holiday Resorts Limited was filed with the ROC on 31 Mar 2023.

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