Sterling Powergensys Limited

SPL manufactures solar rooftop systems and provides EPC services for solar power projects.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Sterling Powergensys Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.26 Cr
  • Company Age 40 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.19 Cr
  • Satisfied Charges ₹ 2.84 Cr
  • Revenue Growth -75.30%
  • Profit Growth -806.40%
  • Ebitda 48.94%
  • Net Worth -36.66%
  • Total Assets 14.03%

About Sterling Powergensys

Sterling Powergensys Limited (SPL) is a Public Limited Indian Non-Government Company incorporated in India on 22 October 1984 and has a history of 40 years and four months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513575.

The Corporate was formerly known as Sterling Strips 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 10.00 Cr and a paid-up capital of Rs 5.26 Cr.

The company currently has active open charges totaling ₹2.19 Cr. The company has closed loans amounting to ₹2.84 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterling Powergensys Limited India are Dinesh Agarwal as Cfo, Harishchandra Naukudkar as Ceo, and Gaurav Kaushik as Company Secretary. Venkata Subramanian, Iyar Rajlaxmi, Manish Jain, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    splsolar.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L29213MH1984PLC034343

  • Company No.

    034343

  • Stock Symbol

    BSE : 513575

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Oct 1984

  • Date of AGM

    03 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Environment
Energy and Power

What products or services does Sterling Powergensys Limited offer?

Sterling Powergensys Limited offers a wide range of products and services, including .

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

Executive Team (4)

NameDesignationAppointment DateStatus
Venkata Subramanian Country flag representing In Managing Director18-Jan-1989Current
Dinesh Agarwal Country flag representing In CFO08-Aug-2024Current
Harishchandra Naukudkar CEO29-Jul-2024Current
Gaurav Kaushik Company Secretary11-Sep-2020Current

Board Members (7)

NameDesignationAppointment DateStatus
Manish Jain Country flag representing In Director 17-Jul-2024Current
Iyar Rajlaxmi Country flag representing In Director 01-Jan-1999Current
Tarang Mehta Country flag representing In Director 02-Jul-2024Current
Dinesh Agarwal Country flag representing In Director and Cfo 08-Aug-2024Current
Sujeet Singh Country flag representing In Additional Director 03-Oct-2024Current
Navinchandra Joshi Director 29-Jul-2024Current

Financial Performance of Sterling Powergensys.

Sterling Powergensys Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 75.3% decrease. The company also saw a substantial fall in profitability, with a 806.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 36.66%.

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
-75.30%
Revenue from Operations
6.08%
Total Assets
14.03%
Profit or Loss
-806.40%
Net Worth
-36.66%
EBITDA
48.94%

What is the Ownership and Shareholding Structure of Sterling Powergensys?

In 2023, Sterling Powergensys had a promoter holding of 62.75% and a public holding of 37.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.19 Cr

Satisfied Charges

₹2.84 Cr

Charges Breakdown by Lending Institutions

  • Others : 1.49 Cr
  • Bank Of Maharashtra : 0.70 Cr

Latest Charge Details

DateLenderAmountStatus
03 Feb 2015Others₹1.49 CrOpen
06 Sep 2014Bank Of Maharashtra₹7.00 MOpen
12 Dec 1994State Bank Of Travancore₹1.80 CrSatisfied
01 Nov 1991The Sarasawat Co-Operative Bank Ltd.₹2.00 MSatisfied
05 Jan 1990The Sarasawat Co-Operative Bank Ltd.₹1.96 MSatisfied

How Many Employees Work at Sterling Powergensys?

Sterling Powergensys has a workforce of 4 employees as of Mar 29, 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 Powergensys, 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 Powergensys'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 Powergensys

Recent activity within the organization

  • Director Appointment

    Sujeet Ramnarayan Singh was appointed as a Additional Director was appointed as a Additional Director on 03 Oct 2024 & has been associated with this company since 4 months 20 days .

    03 Oct 2024

  • Director Appointment

    Dinesh Kumar Agarwal was appointed as a Director was appointed as a Director on 08 Aug 2024 & has been associated with this company since 6 months 15 days .

    08 Aug 2024

  • Director Appointment

    Dinesh Kumar Agarwal was appointed as a Cfo was appointed as a Cfo on 08 Aug 2024 & has been associated with this company since 6 months 15 days .

    08 Aug 2024

  • Annual General Meeting

    Sterling Powergensys Limited last Annual general meeting of members was held on 03 Aug 2024 as per latest MCA records.

    03 Aug 2024

  • Director Appointment

    Navinchandra Joshi was appointed as a Director was appointed as a Director on 29 Jul 2024 & has been associated with this company since 6 months 25 days .

    29 Jul 2024

  • Director Appointment

    Harishchandra Bharama Naukudkar was appointed as a Ceo was appointed as a Ceo on 29 Jul 2024 & has been associated with this company since 6 months 25 days .

    29 Jul 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Sterling Powergensys Limited was incorporated on 22 Oct 1984.

  • The authorized share capital of Sterling Powergensys Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.26 Cr.

  • Currently 11 directors are associated with Sterling Powergensys Limited.

    • Venkata Sankaran Subramanian
    • Iyar Rajlaxmi
    • Manish Lalitkumar Jain
    • Tarang Madanjit Mehta
    • Dinesh Kumar Agarwal
    • Sujeet Ramnarayan Singh
    • Navinchandra Joshi
    • Dinesh Kumar Agarwal
    • Harishchandra Bharama Naukudkar
    • Gaurav Kaushik
    • Shankar Ramnath Iyer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Powergensys Limited is Office No. 816 8Th Floor Rajhans Helix 3 L B S Marg Opp Hdfc Bank Ghatkopar West, India, Mumbai, Maharashtra, 400086.

  • The corporate identification number (CIN) of Sterling Powergensys Limited is L29213MH1984PLC034343 and the company number is 034343 as per Ministry of Corporate Affairs (MCA).

  • Yes, Sterling Powergensys Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Sterling Powergensys Limited is https://www.splsolar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Sterling Powergensys Limited has fallen by -75.30%.

  • As Per 2023 financial reports, 4 employees are currently employed by Sterling Powergensys Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Sterling Powergensys Limited has experienced an downturn of -36.66%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Sterling Powergensys Limited amount to ₹ 2.19 Cr.

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

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