Sturdy Industries Limited

Manufactures aluminum cables, plastic pipes, and drip irrigation systems with three facilities managed by Gupta family.

1989 | Solan, Himachal Pradesh (India) | Under Insolvency
Last Updated:

Sturdy Industries Profile

Key Indicators

  • Authorised Capital ₹ 150.10 Cr
  • Paid Up Capital ₹ 146.85 Cr
  • Company Age 35 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 890.04 Cr
  • Satisfied Charges ₹ 134.81 Cr
  • Revenue Growth -82.36%
  • Profit Growth -217.80%
  • Ebitda 41.76%
  • Net Worth -6.85%
  • Total Assets -8.58%

About Sturdy Industries

Sturdy Industries Limited (SIL) is Under Cirp company established on 27 Jul 1989 with its office registered at Solan, Himachal Pradesh, India and has been running since 35 Year, 7 Months with a paid up capital of 146.85 Cr. According to MCA records, 6 Directors and 1 Signatories are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Solan, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    sturdyindustries.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L25209HP1989PLC009557

  • Company No.

    009557

  • Stock Symbol

    BSE : 530611

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1989

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Himachal Pradesh

Industry

Agriculture
Manufacturing
Metals and Minerals

What products or services does Sturdy Industries Limited offer?

Sturdy Industries Limited offers a wide range of products and services, including Irrigation and Harvesting Machines, Sprinkler Pipes, Storage Tanks, Drums & Containers, Water Tanks, PET Granules & Plastic Raw Material, Plastic Granules, Metal and Alloy Wires, Electrical Conductors, PVC, FRP, HDPE & Other Plastic Pipes, Underground HDPE Pipes.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Shamsher Sharma Country flag representing In Managing Director27-Aug-2018Current
Rajinder Bali CFO27-Oct-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Ramesh Gupta Country flag representing In Whole-Time Director 27-Jul-1989Current
Puja Country flag representing In Director 31-Jan-2018Current
Pushpa Devi Country flag representing In Director 03-Oct-2018Current
Meenu Country flag representing In Director 13-Nov-2020Current
Rajinder Bali Country flag representing In Director 27-Sep-2023Current

Financial Performance of Sturdy Industries.

Sturdy Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 82.36% decrease. The company also saw a substantial fall in profitability, with a 217.8% decrease in profit. The company's net worth dipped by a decrease of 6.85%.

Sturdy Industries revenue growth over time
Sturdy Industries 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
-82.36%
Revenue from Operations
-71.93%
Total Assets
-8.58%
Profit or Loss
-217.80%
Net Worth
-6.85%
EBITDA
41.76%

What is the Ownership and Shareholding Structure of Sturdy Industries?

In 2022, Sturdy Industries had a promoter holding of 24.53% and a public holding of 75.46%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹890.04 Cr

Satisfied Charges

₹134.81 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 531.75 Cr
  • Others : 358.26 Cr
  • Director Of Industries : 0.04 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jun 2013Others₹358.26 CrOpen
21 Jun 2012Punjab National Bank₹44.40 CrOpen
14 Sep 2011Punjab National Bank₹24.00 CrOpen
31 May 2011Punjab National Bank₹7.25 CrOpen
31 May 2011Punjab National Bank₹32.00 CrOpen

How Many Employees Work at Sturdy Industries?

Sturdy Industries has a workforce of 20 employees as of Apr 05, 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 Sturdy Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sturdy 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 Sturdy 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 Sturdy Industries

Recent activity within the organization

  • Director Appointment

    Rajinder Paul Bali was appointed as a Cfo was appointed as a Cfo on 27 Oct 2023 & has been associated with this company since 1 year 4 months .

  • Annual General Meeting

    Sturdy Industries Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

  • Director Appointment

    Rajinder Paul Bali was appointed as a Director was appointed as a Director on 27 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Balance Sheet

    Sturdy Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

  • Director Appointment

    Meenu was appointed as a Director was appointed as a Director on 13 Nov 2020 & has been associated with this company since 4 years 3 months .

  • Charges

    A charge with Others of Rs. 358.26 Cr registered on 17 Jun 2013 with Charge ID 10436598 was modified on 18 Oct 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Sturdy Industries Limited?

    Sturdy Industries Limited was incorporated on 27 Jul 1989.

  • What is authorized share capital and paid-up capital of Sturdy Industries Limited?

    The authorized share capital of Sturdy Industries Limited is ₹ 150.10 Cr and paid-up capital is ₹ 146.85 Cr.

  • Who are the current board members & directors of Sturdy Industries Limited?

    Currently 7 directors are associated with Sturdy Industries Limited.

    • Ramesh Kumar Gupta
    • Puja
    • Shamsher Kumar Sharma
    • Pushpa Devi
    • Meenu
    • Rajinder Paul Bali
    • Rajinder Paul Bali
  • What is the registered address of Sturdy Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sturdy Industries Limited is Plot Number 57 First Floor Sector-1, India, Kasauli, Himachal Pradesh, 173220.

  • What is the corporate identification number (CIN) and company number of Sturdy Industries Limited?

    The corporate identification number (CIN) of Sturdy Industries Limited is L25209HP1989PLC009557 and the company number is 009557 as per Ministry of Corporate Affairs (MCA).

  • Is Sturdy Industries Limited registered with any stock exchange in India?

    Yes, Sturdy Industries Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Sturdy Industries Limited?

    The Official website of Sturdy Industries Limited is https://www.sturdyindustries.com

  • What has been the recent revenue trend for Sturdy Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sturdy Industries Limited has fallen by -82.36%.

  • How many employees does Sturdy Industries Limited currently have?

    As Per 2023 financial reports, 20 employees are currently employed by Sturdy Industries Limited.

  • What change has been observed in the net worth of Sturdy Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sturdy Industries Limited has experienced an downturn of -6.85%.

  • What are the total open charges for Sturdy Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sturdy Industries Limited amount to ₹ 890.04 Cr.

  • When was the last Balance Sheet of Sturdy Industries Limited filed with the ROC?

    The most recent Balance Sheet for Sturdy Industries Limited was filed with the ROC on 31 Mar 2023.

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