STERTOOLS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sterling Tools Limited reported strong FY2026 standalone results with net profit of ₹64.20 crore, up 49.8% YoY, driven by revenue growth to ₹716.72 crore. The board recommended a 137.50% dividend (₹2.75 per share). Mr. Anish Agarwal was appointed as CFO and Whole-time Director effective 15 May 2026 with proposed remuneration of ₹1 crore per annum for 3 years. The board also approved investment up to ₹20 crore in Sterling E-Mobility Solutions Limited (wholly owned subsidiary) through rights issue. Consolidated results show group revenue of ₹839.51 crore with net profit of ₹29.32 crore, though Q4 consolidated performance was weaker due to subsidiary losses.
Strong financial performance and dividend declaration are positive signals for shareholders. New CFO appointment provides continuity. Investment in e-mobility subsidiary indicates strategic expansion in electric vehicle space.