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STERLING AGRO INDUSTRIES LIMITED

Active
Updated: 21 Oct 2024

Sterling Agro Industries Limited, is an unlisted public company incorporated on 10 October, 1991. It is classified as a public limited company and is located in , Delhi. It's authorized share capital is INR 100.00 cr and the total paid-up capital is INR 31.83 cr.

Sterling Agro Industries Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2023. It's EBITDA has decreased by 5.36% over the previous year. At the same time, it's book networth has increased by 7.68%.

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Industry

Agriculture and Allied Activities
Products
  • and flavored milk, butter, cheese, dairy whiteners/dairy creamers, butter milk powders, lassi and chach, dahi, milk, skimmed milk powders, paneer, ghee, butter oils/AMFs
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Sales
-12.56%
₹ 2,139.2
EBITDA
-1.11%
₹ 101.3
Net Profit
4.03%
₹ 59.9
Networth
-4.21%
₹ 590.6
Borrowings
39.84%
₹ 166.0
Assets
-15.05%
₹ 851.5
Gross Margin
1.07
16.4 %
Operating Margin
0.54
4.7 %
Net Profit Margin
0.43
2.8 %
Return on Equity
0.81
10.1 %
ROCE
0.43
11.9 %
Debt to Equity
0.09
0.3
Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (48)
State Type Address

location icon Locations on Map

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Tofler Score

Very Good
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Poor
Fair
Good
Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • LOW CASH BALANCE
Low Risk
  • REVENUE DECLINE
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 1,936.1 1,658.3 1,907.3 2,446.4 2,139.2
Operating profit 123.7 102.9 108.2 102.4 101.3
Net profit 52.0 45.0 60.1 57.6 59.9
Gross margin 17.8 18.8 19.1 15.4 16.4
Operating margin 6.4 6.2 5.7 4.2 4.7
Net margin 2.7 2.7 3.1 2.3 2.8
Networth 515.6 565.7 572.6 616.5 590.6
Borrowings 106.9 268.2 148.1 118.7 166.0
Assets 882.6 972.2 1,017.1 1,002.3 851.5
Debt to equity 0.2 0.5 0.3 0.2 0.3
Current ratio 2.1 1.9 1.6 2.0 2.8
ROE 10.1 8.0 10.5 9.3 10.1
Days payable 35.0 8.0 54.0 34.0 4.0
WC days 54.0 63.0 45.0 49.0 59.0
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 37.2 37.2 34.8 34.8 31.8
Reserves 478.5 528.5 537.8 581.8 558.8
Borrowings + 106.9 268.2 148.1 118.7 166.0
Long term borrowings 77.9 32.2 23.0 24.1 31.3
Short term borrowings 29.0 236.0 125.1 94.6 134.7
Trade payables + 153.7 30.5 229.3 191.4 19.3
Days payable 35.0 8.0 54.0 34.0 4.0
Other liabilities + 260.1 138.3 296.5 267.1 94.9
Other non-current liabilities 40.8 38.5 32.3 37.0 41.9
Other current liabilities 65.6 69.2 34.9 38.7 33.7
Total liabilities 882.6 972.2 1,017.1 1,002.3 851.5
Fixed Assets + 333.7 315.1 274.6 239.8 217.3
Tangible assets 333.5 314.9 273.3 239.6 217.3
CWIP 0.2 0.2 1.3 0.3 -
Intangible assets - - - - -
LT loans and advances - - - - -
Other non-current assets 16.6 35.7 119.9 112.5 101.0
Current assets + 532.3 621.4 622.7 650.0 533.1
Inventories 236.8 291.0 326.5 345.1 232.4
Trade receivables 259.9 276.7 275.0 280.3 255.4
Cash and cash equivalents 4.6 32.1 6.9 8.1 22.6
ST loans and advances - - - - -
Other current assets 31.0 21.6 14.3 16.6 22.7
Total assets 882.6 972.2 1,017.1 1,002.3 851.5
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Total assets

Profit & Loss

Standalone
Consolidated
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 1,936.1 1,658.3 1,907.3 2,446.4 2,139.2
Sales growth % 9.29 -14.35 15.02 28.26 -12.56
Expenses + 1,879.0 1,614.6 1,854.1 2,395.5 2,088.5
Cost of goods 1,592.0 1,346.3 1,542.1 2,070.0 1,787.2
Employee cost 47.8 49.3 62.3 59.9 60.7
Other costs 172.6 159.7 194.7 214.0 190.0
Operating profit + 123.7 102.9 108.2 102.4 101.3
Operating margin % 6.4 6.2 5.7 4.2 4.7
Other income 7.9 14.5 14.1 18.3 21.2
Interest 15.8 13.0 11.7 13.9 16.1
Depreciation 50.8 46.3 43.2 37.7 34.4
Exceptional items - - - - -
Profit before tax 65.0 58.1 67.4 69.2 71.9
Tax 12.9 13.2 7.3 11.6 12.1
Profit - disc. ops - - - - -
Net profit 52.0 45.0 60.1 57.6 59.9
Net margin % 2.7 2.7 3.1 2.3 2.8
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Revenue from operations

Ratios

Standalone
Consolidated
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity 0.2 0.5 0.3 0.2 0.3
Net Debt/Equity 0.2 0.4 0.2 0.2 0.2
Total Debt/Assets 0.1 0.3 0.1 0.1 0.2
Total Assets/Equity 1.7 1.7 1.8 1.6 1.4
Liquidity +
Current Ratio 2.1 1.9 1.6 2.0 2.8
Quick Ratio 1.2 1.0 0.8 0.9 1.6
Interest Coverage 7.8 7.9 9.2 7.4 6.3
Performance
Gross Margin 17.8 18.8 19.1 15.4 16.4
Operating Margin 6.4 6.2 5.7 4.2 4.7
Net Margin 2.7 2.7 3.1 2.3 2.8
Return +
Return on Equity 10.1 8.0 10.5 9.3 10.1
Pre-tax ROCE 11.8 9.4 12.8 11.4 11.9
Return on Assets 5.9 4.6 5.9 5.7 7.0
Pre-tax ROIC 11.8 7.1 9.1 8.9 9.1
Efficiency +
Days Payable 35.0 8.0 54.0 34.0 4.0
Days Inventory 54.0 79.0 77.0 61.0 47.0
Days Receivable 49.0 61.0 53.0 42.0 44.0
Fixed Asset Turnover 5.8 5.3 7.0 10.2 9.8
Total Asset Turnover 2.2 1.7 1.9 2.4 2.5
Working Capital
Cash Conversion Cycle 68.0 132.0 76.0 69.0 87.0
Working Capital Days 54.0 63.0 45.0 49.0 59.0
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

The Hongkong and Shanghai Banking Corporation Limited

No. of Loans: 3

Total Amount : 95.0 cr

2

State Bank of India

No. of Loans: 1

Total Amount : 86.0 cr

3

HDFC Bank Limited

No. of Loans: 2

Total Amount : 60.9 cr

4

CitiBank N.A.

No. of Loans: 1

Total Amount : 60.0 cr

5

Axis Bank Limited

No. of Loans: 3

Total Amount : 50.6 cr

6

ICICI Bank Limited

No. of Loans: 1

Total Amount : 50.0 cr

7

INDUSIND BANK LIMITED

No. of Loans: 1

Total Amount : 50.0 cr

8

Uttar Pradesh Financial Corporation

No. of Loans: 5

Total Amount : 37.5 cr

9

UTTAR PARDESH FINANCIAL CORPORATION

No. of Loans: 2

Total Amount : 18.2 cr

10

U. P. Financial Corporation

No. of Loans: 1

Total Amount : 6.1 cr

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Charges

The Hongkong and Shanghai Banking Corporation Limited
State Bank of India
HDFC Bank Limited
CitiBank N.A.
Others

People

Designation Name DIN/PAN Tenure
Whole-time Director Vivek Kesarwani
Shareholder
00137920 26 years
Whole-time Director Laxmi Narain Kesarwani
Shareholder
00288852 25 years
Managing Director Kuldeep Saluja
Shareholder
00289187 10 years
Whole-time Director Ravin Saluja
Shareholder
00289305 25 years
Whole-time Director Vimal Kishore Agrawal 01376085 25 years
CFO Vimal Kishore Agrawal <HIDDEN> 11 years
Whole-time Director Sharad Saluja
Shareholder
01516294 18 years
Whole-time Director Prateek Gupta 02506579 16 years
Whole-time Director Paramjeet Singh Khamba 05339940 13 years
Director Deepak Grover 08710399 5 years
Director Purti Katyal 09251560 1 years
CS Vivek Abrol <HIDDEN> 3 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
KAILASHWATI BUILDCON PRIVATE LIMITED
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ATUL AGRO PRIVATE LIMITED
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STERLING DAIRY PRODUCTS PRIVATE LIMITED
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ROOP GARG ICE & COLD STORAGE PRIVATE LIMITED
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V M ESTATE PRIVATE LIMITED
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8.8 L 2 Delhi
SSVK FUTURE ESTATES PRIVATE LIMITED
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1.0 L 2 Delhi
KESARWANI EXPORT HOUSE PRIVATE LIMITED
Active
10.0 L 1 Delhi
NOVA FOOD PRODUCT LLP
Active
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Tributum Impex LLP
Active
1.0 L 1 De
VINAY HOMES PRIVATE LIMITED
Active
1.0 L 2 Delhi
VRS ESTATES PRIVATE LIMITED
Active
1.0 L 1 Delhi
VINAY PACKAGING (INDIA) PVT LTD
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1.6 L 2 Delhi
LNK BUILDERS LLP
Active
2.0 L 2 Delhi
ACME RESOURCES LIMITED
Active
25.7 Cr 4 Delhi
STERLING ENERGYTECH PRIVATE LIMITED
Strike Off
1.0 L 2 Delhi
KRSKA INFRATECH PRIVATE LIMITED
Active
1.0 L 1 Delhi
NARAYANI DEALERS PRIVATE LIMITED
Active
30.1 L 2 Delhi
KRSKA CAPITAL PRIVATE LIMITED
Active
34.2 L 3 Delhi
OJAS SUPPLIERS LIMITED
Active
5.8 Cr 3 Delhi
KRSKA SOLAR PRIVATE LIMITED
Active
10.0 L 2 Delhi
KRSKA ESTATES LLP
Active
33.3 L 3 Delhi
K R L HOMEZ LLP
Active
2.0 L 2 Delhi
BLUEMOON HOMEZ LLP
Active
2.0 L 2 Delhi
AV REALBUILD LLP
Active
4.0 Cr 3 Delhi
A S BUILDNEST LLP
Active
50.0 L 2 Delhi
KRSKA INFRASTRUCTURE LLP
Active
1.0 Cr 1 Delhi
KRSKA BUILDERS LLP
Active
1.0 Cr 1 Delhi
BG LINK INFRASTRUCTURE LLP
Active
2.0 Cr 3 Delhi
BLUEMOON DEALCOM PRIVATE LIMITED
Active
1.1 Cr 2 Delhi
V M REAL ESTATES PRIVATE LIMITED
Active
1.0 L 2 Delhi
SALUJA FINCAP SERVICES PRIVATE LIMITED
Strike Off
1.0 L 2 Delhi
RAVSAL ESTATES PRIVATE LIMITED
Strike Off
1.0 L 2 Delhi
LAVKUSH REALTORS PRIVATE LIMITED
Active
22.0 L 2 Delhi
MERIT DEALERS PRIVATE LIMITED
Active
9.0 L 2 Delhi
RSTK CONSTRUCTIONS LLP
Active
1.0 L 1 Delhi
VINAY REAL ESTATES PRIVATE LIMITED
Active
1.0 L 2 Delhi
RADIANCE SOLAR PRIVATE LIMITED
Active
18.0 Cr 2 Delhi
VARDHMAN BUSINESS VENTURES LIMITED
Active
10.0 L 2 Delhi
TULIP PRO BUILD PRIVATE LIMITED
Active
1.0 L 2 Delhi
SSKS HOMES PRIVATE LIMITED
Active
1.0 L 2 Delhi
GOODPACK INDIA PRIVATE LIMITED
Active
1.2 Cr 1 Delhi
GARG FURNACE LIMITED
Active
4.6 Cr 1 Punjab

Subsidiary Companies

Name State / Country Incorporation Year Paidup Capital
ROOP GARG ICE & COLD STORAGE PRIVATE LIMITED Delhi 1996 ₹ 1.0 L
RADIANCE SOLAR PRIVATE LIMITED Delhi 2015 ₹ 18.0 Cr

Registered Details

CIN

U01111DL1991PLC189775

PAN

AAACS2278R

Incorporation

1991, 33.6 years

Company Email

vka@steragro.com

Paid up Capital

₹ 31.8 Cr

Authorised Capital

₹ 100.0 Cr

AGM

Sep 2023

Type

Public
Non-government Company

FAQ - STERLING AGRO INDUSTRIES LIMITED

What is the incorporation date of STERLING AGRO INDUSTRIES LIMITED?

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The incorporation date of STERLING AGRO INDUSTRIES LIMITED is 10 October, 1991

What is the authorized share capital of STERLING AGRO INDUSTRIES LIMITED?

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The authorized share capital of STERLING AGRO INDUSTRIES LIMITED is INR ₹ 100.0 Cr.

What is the paid-up capital of STERLING AGRO INDUSTRIES LIMITED?

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The paid-up capital of STERLING AGRO INDUSTRIES LIMITED is INR ₹ 31.8 Cr.

What is the registered address of STERLING AGRO INDUSTRIES LIMITED?

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The registered address of STERLING AGRO INDUSTRIES LIMITED is 2nd Floor, A-10, Sanskrit Bhawan Qutub Institutional Area, Aruna Asaf Ali Marg Munirka New Delhi South West Delhi Delhi - 110067

What is the CIN number of STERLING AGRO INDUSTRIES LIMITED?

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The CIN number of STERLING AGRO INDUSTRIES LIMITED is U01111DL1991PLC189775.

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