Sterling Tools Limited has informed the Exchange about Transcript of the Analyst meet held on 18th May, 2026

Sterling Tools reported strong FY26 standalone fastener performance with total income of INR 725.9 crores (up 11.4% YoY) and EBITDA of INR 111 crores (up 17.1% YoY) with margins expanding to 15.3% from 14.5%. The company is net debt free with INR 83.3 crores cash flow from operations. For FY27, management guided capex of INR 75 crores primarily for capacity expansion and expects to reach revenue capacity of INR 900-1000 crores. Near-term margin pressure is expected in Q1 FY27 due to steel and energy inflation, but management remains confident of maintaining 15%+ EBITDA margins. The EV business (SEM) timeline has shifted by 3-5 years due to slower-than-expected EV adoption, with SEM now expected to achieve EBITDA breakeven by FY28. New products including OBC and DC/DC chargers will commence commercial supplies from Q3 FY27. The company also announced a partnership with Nanjing Haohang for Advanced Rider Assistance Systems (ARAS) for 2-wheelers. The HVDC contactors business (STML) expects commercial production from July/August 2026, targeting an Indian market expected to grow from INR 300 crores to INR 750 crores by decade end.