Financial Results for the fourth quarter and financial year ended 31st March, 2026
STERTOOLS · price
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Sterling Tools reported standalone total income of ₹72,587.32 Lakhs for FY26, up 11.4% from ₹65,161.48 Lakhs in FY25. Standalone net profit after tax grew 49.8% to ₹6,420.21 Lakhs from ₹4,286.97 Lakhs, aided by an exceptional income of ₹949.64 Lakhs from DMRC compensation. However, consolidated performance declined sharply — consolidated net profit fell nearly 50% to ₹2,932.84 Lakhs from ₹5,829.31 Lakhs due to a customer mix shift at a subsidiary and a provision for expected credit loss on a customer, with the matter pending at NCLT. The board recommended a final dividend of ₹2.75 per share (face value ₹2), up from ₹2.5 per share in the prior year. The company also recorded a ₹187.99 Lakhs impact from new labour code provisions.
Strong standalone growth driven by one-time DMRC compensation masks a weak consolidated performance, suggesting subsidiary-level headwinds that could weigh on investor sentiment in the near term.