STERTOOLSNSESterling Tools Limited· FastnersHighNeutral
Announced Fri, 15 May · 15:04 IST

Sterling Tools Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF

STERTOOLS · price

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AI summary

Sterling Tools Limited reported standalone revenue of ₹71,672.27 lakhs for FY26, up 11.15% from ₹64,478.34 lakhs in FY25. Standalone profit after tax grew 49.76% to ₹6,420.21 lakhs from ₹4,286.97 lakhs. EBITDA margin expanded significantly from 9% to 16.09%. The company received an exceptional income of ₹949.64 lakhs from DMRC as enhanced compensation for land acquired earlier. Auditors Walker Chandiok & Co LLP issued an unmodified opinion. The Board recommended a final dividend of ₹2.75 per share (137.50%), up from ₹2.5 last year. Consolidated revenue declined to ₹82,780.78 lakhs from ₹1,02,629.95 lakhs due to subsidiary performance, with consolidated PAT at ₹2,932.84 lakhs. Key appointments include Mr. Anish Agarwal as CFO and Whole-time Director, and investment of up to ₹20 crore in the wholly-owned e-mobility subsidiary.

Likely market impact

Standalone operations show strong growth with PAT up ~50% and margin expansion, signaling operational efficiency gains. The exceptional DMRC compensation boosted standalone profits. However, consolidated revenue decline and lower group PAT indicate ongoing challenges in the e-mobility subsidiaries which reported a net loss of ₹3,147.43 lakhs. The ₹20 crore investment in the e-mobility subsidiary suggests continued commitment to the EV transition despite near-term losses.