Investor Presentation for Q4 & FY26

Sterling Tools reported strong standalone performance for FY26 with revenue up 11.4% to Rs 725.9 crore and EBITDA up 17.1% to Rs 111 crore, with margins improving to 15.3%. PAT grew 49.8% to Rs 64.2 crore. The core fasteners business demonstrated resilience with new customer additions including Tata Passenger Vehicles and strong CV segment momentum. However, consolidated performance declined due to slower-than-expected EV penetration, with total income falling 19.1% to Rs 839.5 crore and PAT down 49.7% to Rs 29.3 crore. The company remains net debt-free with strong cash generation. Key EV milestones include SEM's expansion into powertrain and power electronics (OBC and DC-DC lines to commission in Q2 FY27), and STML's HVDC contactors production commencing July/August 2026. The company flagged upward movement in steel and energy prices as potential margin pressure in coming quarters.