Key Quantitative Figures & Financial Results

Standalone Financial Results for Q1 FY27 (Quarter ended 30th June 2026):

  • Revenue from Operations: ₹199.40 crore
  • Other Income: ₹2.45 crore
  • Total Income: ₹201.86 crore
  • Total Expenses: ₹179.89 crore
  • Profit Before Tax: ₹21.96 crore
  • Tax Expense: ₹5.56 crore
  • Profit for the Period: ₹16.40 crore
  • Earnings Per Share (Basic): ₹4.51
  • Earnings Per Share (Diluted): ₹4.49

Consolidated Financial Results for Q1 FY27 (Quarter ended 30th June 2026):

  • Revenue from Operations: ₹214.07 crore
  • Other Income: ₹2.53 crore
  • Total Income: ₹216.60 crore
  • Total Expenses: ₹203.75 crore
  • Profit Before Tax: ₹12.86 crore
  • Tax Expense: ₹7.00 crore
  • Profit for the Period: ₹5.86 crore
  • Earnings Per Share (Basic): ₹1.61
  • Earnings Per Share (Diluted): ₹1.60

Dates of Action and Approval

The Board Meeting was held on Wednesday, 5th August 2026, commencing at 01:00 P.M. and concluding at 02:10 P.M. All approvals were granted on this date.

Parties Involved

  • Board of Directors & Audit Committee of Sterling Tools Limited
  • Statutory Auditors: Walker Chandiok & Co LLP, who issued a limited review report on the financial results.
  • Cost Auditors: M/s Jitender Navneet & Co (appointed for FY27)
  • Subsidiary: Sterling Tech-Mobility Limited (Target of investment)

Purpose and Rationale

  • Financial Results: Prepared in compliance with Regulation 33 of SEBI LODR and Ind AS 34.
  • Dividend: The final dividend of ₹2.75 per share for FY26 was recommended by the Board on 15th May 2026 and is now subject to member approval at the AGM.
  • Subsidiary Investment: The investment of ₹15 crore in Sterling Tech-Mobility Limited is to facilitate its working capital requirements.
  • Cost Auditor Appointment: Routine statutory appointment for the financial year.

Financial and Operational Impact

Explicitly Stated Impacts:

  • The investment in the subsidiary involves a cash outflow of ₹15 crore.
  • Payment of the recommended final dividend is contingent on shareholder approval and will result in a cash outflow.

Capital Structure Impact:

  • The investment in the subsidiary will not change the percentage of shareholding; Sterling Tech-Mobility will remain a wholly-owned subsidiary.
  • The paid-up equity share capital remains unchanged at ₹7.27 crore (face value ₹2 each).

Forward-Looking Guidance

No explicit forward-looking guidance or management commentary was provided in the disclosure.

Additional Material Information

  • Annual General Meeting (AGM): The 47th AGM is scheduled to be held on Friday, 4th September 2026.
  • Record Date & Book Closure: The Record Date for the dividend is Friday, 28th August 2026. The Register of Members and Share Transfer Books will be closed from Saturday, 29th August 2026 to Friday, 4th September 2026 (both days inclusive).
  • Exceptional Item (FY26): The previous year's results included an exceptional item of ₹9.50 crore, representing enhanced compensation received from Delhi Metro Rail Corporation (DMRC).
  • Segment Information: The company operates in a single business segment - manufacturing of automotive components (fasteners).
  • Subsidiaries Reviewed: The consolidated results include subsidiaries Sterling E-Mobility Solutions Limited, Sterling Advanced Electric Machines Private Limited, Sterling E-Mobility Private Limited, Sterling Tech-Mobility Limited, and Sterling Overseas Pte. Limited.