BSECompany Update1d ago · 27 Oct 2026, 11:29 pm

Please find attached the Press Release on Unaudited Financial Results for Second Quarter and Half Year ended 30th September, 2026

Sterling Tools Ltd-$ · 530759

✦ AI Summary▲ PositiveResults

Sterling Tools Ltd reported its highest-ever standalone half-yearly top-line and EBITDA, with a 28.2% YoY growth in total income and 17.3% YoY growth in EBITDA. The company outperformed industry growth on both a quarterly and half-yearly basis, driven by stronger traction in the commercial vehicle segment and higher volumes.

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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10

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Sterling Tools Ltd-$ - 530759 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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Through NEAPS By Listing Centre National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, 1st Floor, P. J. Towers Bandra–Kurla Complex, Bandra (E) Dalal Street, Mumbai-400051 Mumbai – 400001 Trading Symbol: STERTOOLS Scrip Code: 530759 Date: 27th October, 2026 Sub: Press Release on Un-audited Financial Results for Q2 & Half Year ended 30th September 2026 Dear Sir/ Madam, Please find attached a Media/Press release dated 27th October, 2026, regarding the unaudited Financial Results (Standalone and Consolidated) for Q2 & Half Year ended 30th September 2026 pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following the board meeting held on 27th October, 2026. This is for your information and records. For STERLING TOOLS LIMITED Pragya Saxena Company Secretary and Compliance Officer M No. F9640 Encl: As above. REGD OFFICE : DJ-1210, 12th Floor, DLF Tower -B, Jasola District Centre, New Delhi-110025 Email-csec@stlfasteners.com STERLING TOOLS LIMITED Earnings Release For Immediate Publication Sterling Tools reports highest-ever standalone half-yearly top-line and EBITDA Delivers record standalone quarterly top-line, outpacing industry growth India, October 27, 2026: Sterling Tools Limited (STL) (BSE: 530759) (NSE: STERTOOLS), a leading Indian manufacturer of automotive fasteners and a growing supplier of electric mobility powertrain and power electronics solutions, today announced its unaudited Standalone and Consolidated results for the quarter and half year ended 30th September 2026. Key Standalone Financial Highlights for Q2 & H1FY27:  Highest-ever half-yearly and quarterly top-line with the Company reporting its highest-ever half-yearly Total Income of ₹429.8 crore, registering 28.2% YoY growth. Q2FY27 also witnessed record quarterly Total Income of ₹228.0 crore, reflecting 32.4% YoY growth. The Company outperformed industry growth on both a quarterly and half-yearly basis, driven by stronger traction in the commercial vehicle segment and higher volumes  Highest-ever half-yearly EBITDA of ₹58.7 Crore, registering a growth of 17.3% YoY. EBITDA for Q2FY27 stood at ₹27.7 Crore, registering a growth of 8.2% YoY. EBITDA margins stood at 13.7% and 12.1% for H1FY27 and Q2FY27 respectively. Margins were impacted by higher commodity and non-commodity input costs amid the West Asia conflict. The existing pass- through mechanism with OEMs is expected to support margin recovery as higher input costs are progressively passed on  Profit before exceptional items and tax stood at ₹39.7 crore in H1FY27, reflecting a growth of 26.0% YoY while Q2FY27 recorded ₹17.7 crore, reflecting a growth of 6.6% YoY  Profit After Tax (PAT) stood at ₹30.0 crore in H1FY27, compared to ₹30.8 crore in H1FY26. For Q2FY27 PAT stood at ₹13.6 Crore, compared to ₹19.8 crore in Q2FY26. PAT for Q2 & H1FY26 includes exceptional gain of ₹9.5 crore Key Consolidated Financial Highlights for Q2 & H1FY27:  Total Income for H1FY27 increased by 15.6% YoY to ₹469.2 crore, while Q2FY27 recorded 19.8% YoY growth to ₹252.6 crore. The performance was driven by strong contributions from the standalone fasteners business and improving traction in SEM  Adjusted EBITDA stood at ₹49.0 crore in H1FY27 and ₹23.0 crore in Q2FY27  Profit After Tax (PAT) stood at ₹8.8 crore in H1FY27 and ₹3.0 crore in Q2FY27 Key Operational & Business Highlights:  Strong Momentum in the Fasteners Business with the business remaining the primary growth driver, supported by stronger trac(cid:415)on in the commercial vehicle segment and higher volumes from a marquee OEM  Capacity Expansion and Growth Investments with capacity expansion underway across manufacturing units to meet rising customer demand and capitalise on emerging opportuni(cid:415)es, reflec(cid:415)ng confidence in the long-term growth poten(cid:415)al of the fasteners business STERLING TOOLS LIMITED  Expansion of Sterling E-Mobility (SEM) with the commissioning of produc(cid:415)on lines for on- board chargers and mul(cid:415)-func(cid:415)on units, marking a significant step in broadening the power electronics por(cid:414)olio and strengthening the Company's presence in electric mobility  Commercialisa(cid:415)on Progress at Sterling Tech-Mobility (STML) with commercial supplies of high-voltage DC contactors and relays commencing, marking a key milestone in product commercialisa(cid:415)on and strengthening Sterling Tools' presence in the electric vehicle ecosystem Commen(cid:415)ng on the results and performance for Q2 & H1FY27, Mr. Atul Aggarwal, Managing Director of Sterling Tools Ltd. said: “We delivered a strong performance in Q2 and H1FY27, with our standalone revenue growing 32.4% YoY in Q2 and 28.2% YoY in H1FY27, significantly outperforming industry growth. We also achieved our highest-ever quarterly and half-yearly total income, alongside record half-yearly EBITDA. This performance reflects stronger customer rela(cid:415)onships, increasing trac(cid:415)on in the commercial vehicle segment and disciplined execu(cid:415)on across our core fasteners business. The impact of exhaus(cid:415)ng our earlier low-cost inventory, largely completed in Q1FY27, has been compounded by higher commodity and non-commodity input costs. Our established OEM pricing arrangements provide for the pass-through of these increases, although recoveries involve a (cid:415)me lag. As the higher costs are progressively passed on to customers, we expect margins to improve over the coming quarters, supported by con(cid:415)nued opera(cid:415)onal efficiencies and disciplined cost management. Reflec(cid:415)ng our confidence in the growth opportuni(cid:415)es ahead, we have enhanced our FY27 capital expenditure plan to approximately ₹135 crore across businesses. Our fasteners business con(cid:415)nues to provide a strong founda(cid:415)on for growth, supported by customer diversifica(cid:415)on, expanding rela(cid:415)onships and capacity investments. Sterling E-Mobility Limited (SEM) recorded revenue of approximately ₹37 crore in H1FY27, driven by higher volumes and new customer addi(cid:415)ons, par(cid:415)cularly in the commercial vehicle and light commercial vehicle segments. The on-board charger and mul(cid:415)-func(cid:415)on unit produc(cid:415)on lines have also been commissioned as planned. At Sterling Tech-Mobility Limited (STML), commercial supplies of high-voltage DC contactors and relays have commenced, marking an important milestone in the commercialisa(cid:415)on of our electric mobility technology por(cid:414)olio. Strengthening our management team, we have appointed Mr. Amit Dhadda as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) of the Company, effec(cid:415)ve October 27, 2026, alongside his exis(cid:415)ng role as Vice President, Finance & Accounts. With nearly three decades of experience, he brings deep exper(cid:415)se in finance, compliance, fundraising and corporate governance to strengthen the Company’s financial and opera(cid:415)onal capabili(cid:415)es. Looking ahead, we remain focused on strengthening our core business, scaling our emerging mobility businesses and inves(cid:415)ng in future capabili(cid:415)es. With established customer rela(cid:415)onships, planned capacity expansion and a broader technology por(cid:414)olio, we believe Sterling Tools is well posi(cid:415)oned to capture opportuni(cid:415)es across conven(cid:415)onal and electric mobility and deliver sustainable, long-term value for our stakeholders.” STERLING TOOLS LIMITED About Sterling Tools Limited: Sterling Tools Limited is one of India’s leading manufacturers of high-tensile automo(cid:415)ve fasteners and a trusted Tier-1 supplier to major automo(cid:415)ve OEMs, with exper(cid:415)se in standard, chassis and specialised engine fasteners. Incorporated in 1979, the Company has built a strong market presence across domes(cid:415)c and interna(cid:415)onal markets, in [Showing first 8,000 characters — download PDF for full document]