Transcript of the Analyst Meet held on 6th August, 2026

REGD OFFICE : DJ-1210, 12th Floor, DLF Tower -B, Jasola District Centre, New Delhi-110025 Email-csec@stlfasteners.com S T E R L IN G T O O L S L IM IT E C IN : L 2 9 2 2 2 D L 1 9 7 9 P L C 0 0 9 6 6 8 W O R K S : 5 -A , D L F In d u s tria l E s ta te F a rid a b a d – 1 2 1 0 0 3 H a ry a n a In d ia T e l: 9 1 -1 2 9 -2 2 7 0 6 2 1 to 2 5 /2 2 5 5 5 5 1 to F a x : 9 1 -1 2 9 -2 2 7 7 3 5 9 E -m a il: s te rlin g @ s tlfa s te n e rs .c o m W e b s ite : s tlfa s te n e rs .c o m Through NEAPS By Listing Centre National Stock Exchange of India Limited BSE Limited “Exchange Plaza”, C-1 Phiroze Jeejeebhoy Towers Bandra–Kurla Complex, Bandra (East) Dalal Street, Fort, Mumbai-400051 Mumbai – 400001 Trading Symbol: STERTOOLS Scrip Code: 530759 Date: 12th August, 2026 Subject: Transcript of Analyst/ Investor Conference Call Dear Sir/Madam, Pursuant to regulation 30(6) and 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a Conference Call for the Analyst / Investors to discuss the Financial and Operational Performance of the Company for first quarter (Q1FY27) ended 30th June, 2026 was held on Thursday, 6th August, 2026 at 11:00 A.M (IST). Following Management Attendees attended the call on behalf of the Company: - 1. Mr. Atul Aggarwal- Managing Director 2. Mr. Jaideep Wadhwa- Director 3. Mr. Anish Agarwal- Director & Chief Financial Officer We hereby further confirm that no unpublished price sensitive information was shared/discussed in the meeting/call. Accordingly, please find attached herewith the transcript of the aforesaid call. The same is being hosted on the website of the Company i.e. www.stlfasteners.com . This is for your information and record purpose. Thanking You, For STERLING TOOLS LIMITED Pragya Saxena Company Secretary & Compliance Officer M No. F9640 “Sterling Tools Limited Q1 FY27 Earnings Conference Call” August 06, 2026 “E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recordings uploaded on the stock exchange on August 06, 2026 will prevail.” MANAGEMENT: MR. ATUL AGGARWAL – MANAGING DIRECTOR MR. JAIDEEP WADHWA – DIRECTOR MR. ANISH AGARWAL – DIRECTOR & CFO SGA – INVESTOR RELATIONS ADVISORS Page 1 of 12 Sterling Tools Limited August 06, 2026 Moderator: Ladies and gentlemen, good day, and welcome to the Q1 FY27 Earnings Call of Sterling Tools Limited. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions and expectations of the company as on date of this call. These statements are not the guarantees of future performance and involves risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star, then zero on your touch- tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Atul Aggarwal, Managing Director of Sterling Tools Limited. Thank you, and over to you, sir. Atul Aggarwal: Thank you, Nessa. Good morning, everyone, and welcome to Sterling Tools Limited's Q1 FY27 Earnings Call. I'm joined today by Mr. Jaideep Wadhwa, Director; Mr. Anish Agarwal, Director; and Strategic Growth Advisors, our Investor Relations Advisors. Our earnings presentation has been uploaded on our website and the stock exchanges, and I hope everyone has had the opportunity to go through the same. I would like to begin with the industry overview. The Indian automobile industry delivered a record-breaking start to FY27 with the highest ever quarter sales across passenger vehicles, commercial vehicles and 3-wheelers. The strong performance was supported by lower GST rates, easier financing, new model launches and improving consumer demand, along with a favorable base from the previous year. Passenger vehicle sales grew 25.9% Y-o-Y to 1.27 million units, led by continued strength in utility vehicles. 2-wheeler sales increased 20.3% year-on-year to 5.63 million units with scooters significantly outperforming motorcycles. Commercial vehicle sales rose 18.3% year-on-year, driven by replacement demand and higher activity across infrastructure-linked sectors. While 3- wheeler sales grew 29.7% year-on-year, supported by healthy demand both in passenger and goods carrier segments. Exports also recorded their first ever strongest quarter performance across all major vehicle categories, reflecting improving global demand. Looking ahead, the industry outlook for FY27 remains positive, supported by the upcoming festive season, lower vehicle ownership costs following GST 2.0, easier financing and steady consumer sentiment. At the same time, geopolitical developments, commodity prices and global supply chain disruptions remain key factors to monitor during the year. Coming to our standalone fasteners business. We continue to build on the strong momentum witnessed last year and delivered another quarter of healthy performance. Our growth was driven by an increase in wallet share with existing customers and deeper OEM relationships and continued traction in value-added products, enabling us to outperform the underlying automotive industry. Backed by our focus on customer diversification, operational excellence and cost Page 2 of 12 Sterling Tools Limited August 06, 2026 efficiencies, we continue to deliver healthy profitability and strong cash flow generation despite the evolving business environment. Our standalone business delivered a robust performance during Q1 FY27. Total income grew by 23.7% year-on-year to INR201.9 crores, while EBITDA increased by 26.9% year-on-year to INR31.1 crores with EBITDA margins improving to 15.4% compared to 15% last year. Profit after tax grew by 48.4% year-on-year to INR16.4 crores with margins improving to 8.1%, supported by continued operational efficiencies and financial discipline. Importantly, our standalone fasteners business continues to remain strongly cash generative and net debt free, providing a solid financial foundation to internally support our long-term investments across EV and technology-led growth initiatives. As we continue to strengthen our legacy business, customer diversification remains one of our key focus areas. During the quarter, we made further progress in expanding our presence across commercial vehicle programs with significant inroads into both LCV and HCV segments. Combined with our growing portfolio of critical and value-added fasteners, this positions the business well to continue outperforming the broader automotive industry. During the quarter, we witnessed an increase in steel prices, which created some cost pressure on our fasteners business. However, our disciplined cost management, effective inventory management and existing pricing arrangements with customers helps limit the overall impact. As lower cost inventory has now been largely utilized, the impact of higher steel prices is expected to be more visible in the coming quarter. That said, we remain confident that our pass- through mechanism, along with our continued focus on operational efficiencies and value engineering, will help manage these cost pressures while maintaining a healthy margin profile. Coming to Sterling E-Mobility, we continue to strengthen our position as a comprehensive EV powertrain and power electronics solutions provider. Over the last few years, the business has evolved well beyond motor control units and today offers an integrated portfolio comprising motors, integrated motor and controller solutions, onboard chargers, off-board chargers, DC/DC converters and rare-earth magnet-free motors. This diversified portfolio enables us to participate across multiple EV platforms while increasing the content we supply per vehicle. We are also witnessing encouraging progress ac [Showing first 8,000 characters — download PDF for full document]