Sterling Guaranty & Finance Ltd.
Snapshot View

3.00 +0.04 ▲1.4%

20 May 2022, 04:01:00 PM
Volume: 2

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - NBFC Compare with Industry peers
Website http://www.sterlingguaranty.com
Market Cap 1.96 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) -0.14 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 40.49 Trailing Twelve Months Ending 2021-12
Book Value / Share -1.52 Trailing Twelve Months Ending 2021-12
Price to Book Value -1.97 Calculated using Price: 3.00
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 0.65 Cr. 6,537,600 Shares
FaceValue 10
Company Profile

Sterling Guaranty & Finance Limited was originally incorporated as Sterling Lease Finance Ltd. It is promoted by Dhiren D. Mehta & Associates. Company obtained certificate of commencement of business on January 2, 1984. Sterling came out with an initial public issue of 15,00,000 equity shares of Rs 10 each for cash at par which was fully subscribed on July 30, 1984. It is listed in Bombay Stock Exchange. Sterling Guaranty & Finance Ltd promoted Sterling Financial Services to become member of National Stock Exchange and OTC exchange of India.

Business area of the company

The company has several years’ experience of financial services in India. Range of services include as Tax Advisory on investments, Risk Advisory and Security Valuation, Arbitrage Strategy and Investment. Its services are currently used restricted to group companies. These services are rendered in diverse terms and forms to meet the group demands.

Business segments

  • Legal and Investment Consultancy
  • Investment in Securities
  • Stressed Asset

Milestones

  • 1983: The Company was originally incorporated as Sterling Lease Finance Limited and was promoted by Dhiren D. Mehta, a Chartered Accountant of repute. He continues to guide the Company as Chairman.
  • 1984: Received certificate of commencement of Business on January 2, 1984. The Company made public issue of Rs 15 Million by issuing 15 lac equity shares of Rs 10 each for cash at par with Canara Bank as Merchant Banker. Shares were listed in Bombay and Ahmadabad Stock Exchanges. Later shares were delisted in 2009 From Ahmedabad Stock Exchange.
  • 1991: The Company promoted Sterling Financial Services Ltd. now named as Indistock Securities Ltd. became members of National Stock Exchange and Sponsor member of OTC Exchange of India. It is an active member of NSE in all trading segments.
  • 1994: The Securities & Exchange Board of India registered Sterling Guaranty as a Cat.1 Merchant Bank. The Company helped about 25 companies to be listed.
  • 1995: The Company made second IPO of Rs 52.5 Million by issuing 2.7 Million equity shares of Rs 10 each at a premium of Rs 5 per share to the public and 0.80 Million shares to the promoters. Public IPO was oversubscribed by 7 times. The issue was lead managed by SBI Capital Markets Ltd. and the Industrial Finance Corporation India Ltd.
  • 1999: The Company obtained certificate of Registration Sr. No. 1301229 from Reserve Bank of India to carry on the business of Non-Banking Financial Institution. However at present it does not do any NBFC Business.
  • 2002-2004: The Company became debt free of Public and Bank Finance. All charges of the Assets stood closed.
  • 2016: The Company recommenced business operations.
  • 2018: The Company voluntarily surrendered its CoR as NBFC to RBI on April 4, 2018. The Company moved to do other business. At present the company doesn’t have any public debt or loan pending and don’t have any NBFC exposure. The Company has changed the object clause in the Memorandum of Association and Articles of Association to do business of dealing in Securities and Stressed Assets. The Company has also amended Articles relating to right of appointment of four Directors by its Promoter.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.35%
1 Week
-7.98%
1 Month
-35.90%
3 Month
-57.14%
6 Month
+10.70%
1 Year
-57.14%
2 Year
-53.85%
5 Year
10 Year
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%)
Return on Capital Employed (%) -527.68 -631.15 -2,835.51 -4,730.27 -7,621.24 -481.04 9.63 -98.77 -217.25
Return on Assets (%) -410.85 -483.07 -1,329.04 -2,073.12 -2,410.80 -262.74 9.27 -86.47 -108.47

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 0 -1 -1 -1 -1 -1 -1 -1 -1 -1
Non Curr. Liab. 1 1 1 1 1
Curr. Liab. 1 1 1 1 1 0 0 0 0
Minority Int.
Equity & Liab. 0 0 0 0 0 0
Non Curr. Assets
Curr. Assets 0 0 0 0 0 0
Misc. Exp. not W/O
Total Assets 0 0 0 0 0 0

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 0 0 0 0
Other Income 0 0 0 0
Total Income 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0
PBIDT 0 0 0 0 0 0 0 0 0 0
Interest
Depreciation
Taxation
Exceptional Items
PAT 0 0 0 0 0 0 0 0 0 0
Adjusted EPS 0 0 0 0 0 0 0 0 0 0

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 0 0 -1 0 0 0
Cash Fr. Inv.
Cash Fr. Finan. 1 0 0
Net Change 0 0 0 0 0
Cash & Cash Eqvt 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 47.69 47.69 47.69 47.69 47.69 47.69 47.69 47.69 47.69
Public 52.31 52.31 52.31 52.31 52.31 52.31 52.31 52.31 52.31
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Fri, 20 May 2022
Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 30 May 2022
STERLING GUARANTY & FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/05/2022 inter alia to consider and approve 1.To Approve the Audited Financials for quarter and year ended 31st March 20222.To Approve the Director Report for Financial Year Ended 31st March 20223. To Appoint Secretarial Auditor of the company for the Financial Year 2021-224. To Approve resignation of Independent Director Ms. Sejal Choudhary (DIN:06506474) of the Company. ~5To Review the Business Operation of the Company6. Any other matters with the permission of the chair
Tue, 17 May 2022
Announcement under Regulation 30 (LODR)-Resignation of Director
Resignation from the Office of Independent Director of the Sterling Guaranty & Finance Limited
Thu, 28 Apr 2022
Certificate As Per Regulation 40(9)
Certificate as per Regulation 40(9)

Technical Scans View Details

Fri, 20 May 2022
Opening at Low Opening at Low
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Decrease 1 Year High Decrease 1 Year

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