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Key Metrics
AUTHORISED CAPITAL
7.10 cr
PAID-UP CAPITAL
55.86 Lakh
COMPANY AGE
33 Years 2 Months
since 1993-03-29
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-09-27
OPEN CHARGES
8
-163.53 cr
SATISFIED CHARGES
9
279.09 cr
ACTIVE GST
3
Updated: 2025-10-08 16:32:08
Company Health Scores
Health scores for Steer Engineering covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.
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Vendor trust, compliance, financial health & director risk - with the reasons behind each score.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings.
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About Steer Engineering
Steer Engineering is an MCA-registered Indian company: a Private Limited Indian Non-Government Company (CIN U72100KA1993PTC015303). Business overview includes Machinery and Equipment (Process Machinery & Industrial Equipment), incorporated on March 29, 1993 (33+ years old), headquartered in Bangalore, Karnataka, India. The company is currently Active with Active Compliant compliance status. For FY 2024, the company reported revenue of ₹226.07 Cr with a profit of ₹6.80 Cr. It has 6 active directors. The company employs approximately 344 people. Its latest credit rating is A2 by Icra.
Process Machinery & Industrial Equipment
- Location 290, 4Th Main, 4Th Phase,Peenya Industrial Area, Bangalore, Bangalore, Karnataka - 560058
- Website steerworld.com
CIN / LLPINU72100KA1993PTC015303
Company No.015303
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date1993-03-29
Date of AGM2024-09-27
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
Credit RatingA2 (Icra)
PAN
LEI Number
Active ComplianceActive Compliant
Financial Performance of Steer Engineering
Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3%
Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1%
Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
| Metrics | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,20,083.04 cr | 2,35,431.21 cr | 2,51,890.00 cr | 2,18,400.00 cr | 1,95,200.00 cr | 1,72,000.00 cr | 1,59,000.00 cr |
| Profit/Loss | 13,969.70 cr | 4,810.00 cr | 12,200.00 cr | 9,100.00 cr | -8,200.00 cr | 3,200.00 cr | 5,100.00 cr |
| Cash & Bank Balance | 38,200.00 cr | 35,100.00 cr | 32,000.00 cr | 28,500.00 cr | 25,200.00 cr | 22,000.00 cr | 19,800.00 cr |
| Net Worth | 1,26,731.94 cr | 1,37,500.00 cr | 1,40,200.00 cr | 1,28,000.00 cr | 1,15,000.00 cr | 1,02,000.00 cr | 95,000.00 cr |
| EBITDA | 27,865.49 cr | 29,800.00 cr | 30,200.00 cr | 27,000.00 cr | 24,500.00 cr | 22,000.00 cr | 20,100.00 cr |
Financial Ratios
■ Revenue ■ P/L ■ EBITDA
Values in Crores (Cr) - illustrative trend
FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Profit Margin | 10.54 | 3.20 | 2.10 | 1.80 | 0.50 |
| Debt to EBITDA | 2.14 | 1.90 | 1.70 | 1.50 | 1.20 |
| Interest Coverage Ratio | 0.47 | 0.50 | 0.45 | 0.40 | 0.35 |
| Debt to Equity | 0.88 | 0.90 | 0.85 | 0.80 | 0.75 |
| Return on Equity | 12.10 | 3.00 | 2.00 | 1.50 | 0.20 |
| Current Ratio | 1.20 | 1.15 | 1.10 | 1.05 | 0.99 |
| Quick Ratio | 0.95 | 0.92 | 0.88 | 0.85 | 0.80 |
| EBITDA Margin | 12.00 | 10.00 | 8.00 | 7.00 | 5.00 |
| Return on Capital Employed | 8.00 | 2.00 | 1.00 | 0.20 | 0.00 |
| Earning Per Share | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EPFO Establishments (1)
MRNOI0019835000
Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995
Current Directors of Steer Engineering (6)
Charges of Steer Engineering
Others : 35.00 cr
Yes Bank Limited : 10.00 cr
Open Charges: 8
Satisfied Charges: 9
| Lender | Amount | Status |
|---|---|---|
|
Yes Bank Limited
Creation Date: 18 Feb 2025
|
10.00 cr | Open |
|
Others
Creation Date: 16 Oct 2023
|
20.00 cr | Open |
|
Others
Creation Date: 17 Aug 2022
|
3.00 cr | Open |
Business Activity
| Activity Group | Description | Turnover % |
|---|---|---|
| Manufacturing | - | 99.57 |
Flagged By Authority
Regulatory and exchange flags (preview)
Legal Cases of Steer Engineering
District Court
Cases Found
High Court
Cases Found
Supreme Court
Cases Found
NCLT
Cases Found
NCLAT
Cases Found
View Details →
Frequently Asked Questions about Steer Engineering
What is CIN of Steer Engineering?
The Corporate Identification Number (CIN) for Steer Engineering is U72100KA1993PTC015303. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 015303 as per MCA.
When was Steer Engineering incorporated?
Steer Engineering was incorporated 33 years 2 months ago on 29 Mar 1993.
What is paid-up capital and authorised share capital of Steer Engineering?
The paid-up capital of Steer Engineering is ₹ 5,586,070.00 and authorised share capital is ₹ 71,000,000.00.
Who are the current board members and directors of Steer Engineering?
Currently 6 directors are associated with Steer Engineering: Padmanabhan Ramaswamy, Babu Padmanabhan, Thokalahalli Narasimha Hari, Satish Padmanabhan, Shiva Subramanian, Gupta Nitinkumar.
- Padmanabhan Ramaswamy
- Babu Padmanabhan
- Thokalahalli Narasimha Hari
- Satish Padmanabhan
- Shiva Subramanian
- Gupta Nitinkumar
What is the registered address of Steer Engineering?
As per Ministry of Corporate Affairs (MCA), the registered address of Steer Engineering is 290, 4Th Main, 4Th Phase,Peenya Industrial Area, Bangalore, Bangalore, Karnataka, 560058, India.
What is the official website of Steer Engineering?
The official website of Steer Engineering is https://steerworld.com.
What is the ROC code of Steer Engineering?
Steer Engineering ROC code is Roc Bangalore.
What is the company classification of Steer Engineering?
Steer Engineering is classified as Private Limited Indian Non-Government Company.
Steer Engineering - is it listed or unlisted?
Steer Engineering is a Unlisted company.
Does Steer Engineering have subsidiaries?
Steer Engineering has 1 subsidiary record(s) in available group structure data. See the Ownership section for group structure detail.
What is the current status of Steer Engineering?
Steer Engineering is currently Active and registered in Bangalore, Karnataka, India.
What industry or business activity is Steer Engineering associated with?
Steer Engineering lists activity aligned with: Machinery and Equipment - Process Machinery & Industrial Equipment - Manufacturing. See the Overview and Competition sections for fuller industry context.
How many employees does Steer Engineering have?
Available records indicate roughly 344 employees for Steer Engineering. Confirm against filings and EPFO-related signals on the profile where shown.
Does Steer Engineering have GST registrations on file?
Steer Engineering shows 3 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Steer Engineering?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Steer Engineering.
How do I contact Steer Engineering?
Use the official website at https://steerworld.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Steer Engineering?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Steer Engineering?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Steer Engineering (last filed snapshot)?
As per the latest financial snapshot on file for FY 2024, net worth is about ₹ 117.36 Cr. Verify figures on the Financial tab and supporting filings.
Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.
