Sterling Holiday Resorts Limited Company Profile and Performance

Sterling Holiday Resorts Limited is a well-established company in the hospitality industry, with a rich history dating back to 1986. Founded by Mr. B.K. Singh and Dr. Prem C. Jain, the company has grown to become a leading player in the Indian tourism sector.

The company's headquarters is located in Cochin, Kerala, and it operates a chain of resorts and hotels across India. Sterling Holiday Resorts Limited is a part of the Sterling Group, which is a conglomerate with diverse interests in various sectors.

With a strong focus on customer satisfaction, Sterling Holiday Resorts Limited has built a loyal customer base over the years. Its commitment to quality and service has earned it numerous awards and recognitions in the industry.

Sterling Holiday Resorts Limited has experienced significant growth in revenue, with a 30.87% increase in 2023. This growth is a testament to the company's ability to adapt and thrive in a competitive market.

The company's profitability has also seen a substantial improvement, with a 37.94% increase in profit. This is a clear indication that the company is becoming more efficient and effective in its operations.

One notable metric is the company's net worth, which soared by an impressive 14.15% in 2023. This increase in net worth is a reflection of the company's strong financial health.

Here's a breakdown of the company's key financial metrics:

The company's operating profit has also seen a significant improvement, with a 46% compounded growth rate over the past three years. This is a clear indication that the company is becoming more profitable and efficient in its operations.

Sterling Holiday Resorts Limited has a well-established management team that has been in place for several years. The Board of Directors has been led by Ramanathan Ramesh, who has been the Managing Director since July 1, 2011.

The company's current directors are a mix of experienced professionals, with some members serving for over a decade. For instance, Sidharth Sankar has been a Director since July 1, 2011, and Harsha Raghavan, Anilkumar Madhok, Pradipta Kumar Mohapatra, and Madhavan Menon Karunakaran all joined the Board on July 30, 2014.

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The company has also had some changes in its management team over the years. Latha Ramanathan joined the Board as an Additional Director on March 28, 2015.

Here's a list of the current directors of Sterling Holiday Resorts Limited:

The company's management team has a strong track record of governance, with many members serving for over a decade.

Sterling Holiday Resorts Limited has a rich history of attracting investors and growing its shareholding structure.

In 2009, Bay Capital invested in the company, acquiring an 18.80% stake. This was followed by India Discovery Fund acquiring a 7% stake in the same year.

The company's shareholding structure has undergone significant changes over the years. As of 2011, a consortium of investors led by Rakesh Jhunjhunwala and Radhakrishna Damani held a total stake of 47.42% in Sterling Holiday Resorts through their funds.

Here's a breakdown of the key investors in Sterling Holiday Resorts:

In 2014, Thomas Cook India Ltd. (TCIL) and Sterling Holiday Resorts Limited announced a merger between the companies. This significant development marked a new chapter in the company's history.

Sterling Holiday Resorts Limited has been delivering great holiday experiences for nearly four decades now.

Their resort destination network has something to suit every holiday appetite, covering various locations such as majestic hillsides, beachside nirvana, jungle retreats, riverside resorts, spiritual sojourns, and heritage locations.

Sterling is a travel and holiday company based in Chennai, India, and has been in operation since 1985 in Tamil Nadu.

Sterling has been delivering great holiday experiences for nearly four decades now. Their resort destination network spans across India, offering a diverse range of options to suit every holiday appetite.

Their network includes resorts in various locations, from majestic hillsides to beachside nirvana to jungle retreats to riverside resorts to spiritual sojourns and heritage locations.

Sterling's resorts are part of the Sterling destination network, which has been a part of the Indian travel and holiday industry for a long time.

Here are some key facts about Sterling's resorts:

Sterling Holiday Resorts has a workforce of 1805 employees as of Apr 10, 2024.

Their employee count is a significant aspect of their operations, and it's essential to consider the impact of such a large workforce on their daily activities.

Sterling Holiday Resorts' employee base is substantial, and it requires careful management to ensure smooth day-to-day operations.

As of Apr 10, 2024, they have a total of 1805 employees working for the company.

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Sterling Holiday Resorts (India) Limited is a Public Limited Company incorporated on May 22, 1986, in India.

The company is registered at Registrar of Companies, ROC Chennai, with its registered address at No.7, 3rd Cross Street, CITI Tower, Kasturba Nagar, Adyar, Chennai, Tamil Nadu, India, 600020.

Its corporate identification number is CIN L92490TN1986PLC013044, and its current status is Active.

Sterling Holiday Resorts (India) Limited's industry classification as per MCA is other recreational activities.

The company's last Annual General Meeting (AGM) was held on Jul 30, 2014, as per records from Ministry of Corporate Affairs (MCA).

Sterling Holiday Resorts (India) Limited's authorised share capital is Rs. 925,000,000, and its paid-up capital is Rs. 901,173,510.

The company's current board of directors comprises Sidharth Sankar, Ramanathan Ramesh, and 5 more individuals.

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Sterling Holiday Resorts Limited has a presence in various states and countries. Its subsidiary companies are spread across different regions.

One of its subsidiaries, STERLING HOLIDAY RESORTS (KODAIKANAL) LTD, was incorporated in 1987 in Tamil Nadu. The company has a paid-up capital of ₹ 5.0 L.

Another subsidiary, NATURE TRAILS RESORTS PRIVATE LIMITED, was established in 2005 in Maharashtra with a paid-up capital of ₹ 1.5 Cr.

STERLING HOLIDAYS (OOTY) LTD, yet another subsidiary, was incorporated in 1989 in Tamil Nadu with a paid-up capital of ₹ 5.0 L.

Here's a brief overview of Sterling Holiday Resorts Limited's subsidiaries:

Sterling Holiday Resorts Limited has been consistently reporting fluctuations in its quarterly results.

In the period from Mar 2013 to Jun 2013, the company witnessed a significant increase in sales, jumping from Rs. 28.18 crores to Rs. 36.10 crores.

Expenses, however, remained relatively stable during the same period, ranging from Rs. 34.84 crores to Rs. 35.20 crores.

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The company's operating profit margin (OPM) improved from -24.91% in Mar 2013 to 3.49% in Jun 2013.

Here's a breakdown of the company's quarterly results for the period from Mar 2013 to Jun 2015:

The company's net profit has also shown fluctuations, ranging from a loss of Rs. 5.61 crores in Mar 2013 to a profit of Rs. 0.68 crores in Jun 2015.

Sterling Holiday Resorts Limited has a significant amount of authorized capital, standing at ₹ 132.50 Cr as of 09-09-2025.

The company's paid-up capital is ₹ 29.05 Cr as of 09-09-2025, which is a notable amount considering its authorized capital.

The company has been in operation for an impressive 35 years and 8 months.

Sterling Holiday Resorts Limited filed its last report with the ROC on March 31, 2024.

Here are some key financial highlights of the company:

The company's revenue and profit growth are notable, with a 30.87% and 37.94% increase respectively in FY 2023.

Sterling Holiday Resorts Limited has a healthy Ebitda of 4.29% in FY 2023.

The company's net worth and total assets are also on the rise, standing at 14.15% and 2.71% respectively in FY 2023.