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.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
Sterling Tools Ltd-$ - 530759 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Attachments (1)
📄pdf
Download →
e218df45-3fd6-4bd3-9b4e-c87e0e2ec937.pdf
View document text
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]