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STERTOOLS
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Recent events
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News
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Corporate Actions
Sterling Tools Approves Investment Of 100 Mln Rupees In Sterling Tech-Mobility
Feb 4 (Reuters) - Sterling Tools Ltd STTL.NS:
APPROVES INVESTMENT OF 100 MILLION RUPEES IN STERLING TECH-MOBILITY LIMITED
Source text: ID:nNSE5MCVDw
Further company coverage: STTL.NS
(([email protected];;))
Feb 4 (Reuters) - Sterling Tools Ltd STTL.NS:
APPROVES INVESTMENT OF 100 MILLION RUPEES IN STERLING TECH-MOBILITY LIMITED
Source text: ID:nNSE5MCVDw
Further company coverage: STTL.NS
(([email protected];;))
Sterling Tools Partners With Meishuo Electric For Power Transmission Solutions
Dec 2 (Reuters) - Sterling Tools Ltd STTL.NS:
STERLING TOOLS - PARTNERS WITH MEISHUO ELECTRIC FOR POWER TRANSMISSION SOLUTIONS
STERLING TOOLS - EYES 2 BILLION RUPEES REVENUE BY FY30 THROUGH PARTNERSHIP
STERLING TOOLS - TO MAKE INITIAL INVESTMENT OF 200 MILLION RUPEES
Source text: ID:nBSE1YMhX6
Further company coverage: STTL.NS
(([email protected];))
Dec 2 (Reuters) - Sterling Tools Ltd STTL.NS:
STERLING TOOLS - PARTNERS WITH MEISHUO ELECTRIC FOR POWER TRANSMISSION SOLUTIONS
STERLING TOOLS - EYES 2 BILLION RUPEES REVENUE BY FY30 THROUGH PARTNERSHIP
STERLING TOOLS - TO MAKE INITIAL INVESTMENT OF 200 MILLION RUPEES
Source text: ID:nBSE1YMhX6
Further company coverage: STTL.NS
(([email protected];))
Sterling Tools Making Investment Of 200 Mln Rupees In Sterling Tech-Mobility
Nov 14 (Reuters) - Sterling Tools Ltd STTL.NS:
STERLING TOOLS - MAKING INVESTMENT OF 200 MILLION RUPEES IN STERLING TECH-MOBILITY
STERLING TOOLS LTD SEPT-QUARTER CONSOL NET PROFIT 174.7 MILLION RUPEES
STERLING TOOLS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.84 BILLION RUPEES
Source text: ID:nBSEc7SbF7
Further company coverage: STTL.NS
(([email protected];))
Nov 14 (Reuters) - Sterling Tools Ltd STTL.NS:
STERLING TOOLS - MAKING INVESTMENT OF 200 MILLION RUPEES IN STERLING TECH-MOBILITY
STERLING TOOLS LTD SEPT-QUARTER CONSOL NET PROFIT 174.7 MILLION RUPEES
STERLING TOOLS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.84 BILLION RUPEES
Source text: ID:nBSEc7SbF7
Further company coverage: STTL.NS
(([email protected];))
Sterling Tools Signs Agreement With Kunshan Glvac Yuantong New Energy Technology Co
Nov 6 (Reuters) - Sterling Tools Ltd STTL.NS:
SIGNED AGREEMENT WITH KUNSHAN GLVAC YUANTONG NEW ENERGY TECHNOLOGY CO
DEAL TO MANUFACTURE HIGH VOLTAGE DIRECT CURRENT CONTACTORS, RELAYS IN INDIA
Source text: ID:nBSEbzcNjL
Further company coverage: STTL.NS
(([email protected];))
Nov 6 (Reuters) - Sterling Tools Ltd STTL.NS:
SIGNED AGREEMENT WITH KUNSHAN GLVAC YUANTONG NEW ENERGY TECHNOLOGY CO
DEAL TO MANUFACTURE HIGH VOLTAGE DIRECT CURRENT CONTACTORS, RELAYS IN INDIA
Source text: ID:nBSEbzcNjL
Further company coverage: STTL.NS
(([email protected];))
Sterling Tools Ltd June-Quarter Consol Net Profit 184.1 Million Rupees
Aug 13 (Reuters) - Sterling Tools Ltd STTL.NS:
STERLING TOOLS LTD JUNE-QUARTER CONSOL NET PROFIT 184.1 MILLION RUPEES
STERLING TOOLS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.82 BILLION RUPEES
Source text for Eikon: ID:nNSE3hFwDS
Further company coverage: STTL.NS
(([email protected];))
Aug 13 (Reuters) - Sterling Tools Ltd STTL.NS:
STERLING TOOLS LTD JUNE-QUARTER CONSOL NET PROFIT 184.1 MILLION RUPEES
STERLING TOOLS LTD JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.82 BILLION RUPEES
Source text for Eikon: ID:nNSE3hFwDS
Further company coverage: STTL.NS
(([email protected];))
Sterling Tools Enters MoU With South Korea's Yongin Electronics Co
April 18 (Reuters) - Sterling Tools Ltd STTL.NS:
MOU ENTERED WITH SOUTH KOREA'S YONGIN ELECTRONICS CO
AGREEMENT EXPECTED TO GENERATE 2.5 BILLION RUPEES IN BUSINESS OVER NEXT 5 YEARS
MOU ENHANCES STERLING'S CAPABILITY TO PROVIDE SOLUTIONS FOR EV & HYBRID SPACE, AS WELL AS OTHER AUTOMOTIVE APPLICATIONS
Further company coverage: STTL.NS
(([email protected];))
April 18 (Reuters) - Sterling Tools Ltd STTL.NS:
MOU ENTERED WITH SOUTH KOREA'S YONGIN ELECTRONICS CO
AGREEMENT EXPECTED TO GENERATE 2.5 BILLION RUPEES IN BUSINESS OVER NEXT 5 YEARS
MOU ENHANCES STERLING'S CAPABILITY TO PROVIDE SOLUTIONS FOR EV & HYBRID SPACE, AS WELL AS OTHER AUTOMOTIVE APPLICATIONS
Further company coverage: STTL.NS
(([email protected];))
India's Sterling Tools down on quarterly profit fall
** Shares of Sterling Tools STTL.NS fall as much as 5.7% to 342.35 rupees
** Co's Sept-quarter consolidated net profit falls 24.9% YoY, revenue up 17.7%
** Total expenses rise 19.4%, led by raw material costs and changes in inventory
** Co also had an insurance claim last year of 67.3 mln rupees, down to 6 mln rupees in Sept quarter
** Stock on track to end two straight days of gain, if trend holds
** Over 109,000 shares change hands as of 11:39 a.m. IST, 1.9X the 30-day moving average
** Stock last down 5%, trimming YTD gain to 27.8%
(Reporting by Varun Vyas in Bengaluru)
** Shares of Sterling Tools STTL.NS fall as much as 5.7% to 342.35 rupees
** Co's Sept-quarter consolidated net profit falls 24.9% YoY, revenue up 17.7%
** Total expenses rise 19.4%, led by raw material costs and changes in inventory
** Co also had an insurance claim last year of 67.3 mln rupees, down to 6 mln rupees in Sept quarter
** Stock on track to end two straight days of gain, if trend holds
** Over 109,000 shares change hands as of 11:39 a.m. IST, 1.9X the 30-day moving average
** Stock last down 5%, trimming YTD gain to 27.8%
(Reporting by Varun Vyas in Bengaluru)
India's Sterling Tools Sept-Quarter Consol Net Profit Falls
Oct 30 (Reuters) - Sterling Tools Ltd STTL.NS:
INDIA'S STERLING TOOLS LTD SEPT-QUARTER CONSOL NET PROFIT 124.6 MILLION RUPEES VERSUS 166 MILLION RUPEES
STERLING TOOLS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.1 BILLION RUPEES VERSUS 1.79 BILLION RUPEES
Source text for Eikon: ID:nBSE5dp8F5
Further company coverage: STTL.NS
(([email protected];))
Oct 30 (Reuters) - Sterling Tools Ltd STTL.NS:
INDIA'S STERLING TOOLS LTD SEPT-QUARTER CONSOL NET PROFIT 124.6 MILLION RUPEES VERSUS 166 MILLION RUPEES
STERLING TOOLS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.1 BILLION RUPEES VERSUS 1.79 BILLION RUPEES
Source text for Eikon: ID:nBSE5dp8F5
Further company coverage: STTL.NS
(([email protected];))
India's Sterling Tools June-Quarter Consol Net Profit Rises
Aug 2 (Reuters) - Sterling Tools Ltd STTL.NS:
JUNE-QUARTER CONSOL NET PROFIT 130.7 MILLION RUPEES VERSUS PROFIT 95.8 MILLION RUPEES YEAR AGO
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.21 BILLION RUPEES VERSUS 1.74 BILLION RUPEES YEAR AGO
Further company coverage: STTL.NS
(([email protected];))
Aug 2 (Reuters) - Sterling Tools Ltd STTL.NS:
JUNE-QUARTER CONSOL NET PROFIT 130.7 MILLION RUPEES VERSUS PROFIT 95.8 MILLION RUPEES YEAR AGO
JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.21 BILLION RUPEES VERSUS 1.74 BILLION RUPEES YEAR AGO
Further company coverage: STTL.NS
(([email protected];))
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Popular questions
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What does Sterling Tools do?
Sterling Tools Ltd, founded in 1979, specializes in manufacturing cold forged hi-tensile fasteners for major auto OEMs worldwide. With a dedicated engineering team, they provide precise solutions to meet customer requirements.
Who are the competitors of Sterling Tools?
Sterling Tools major competitors are Sansera Engineering, Sundram Fasteners, Simmonds Marshall, Krishna Defence & Al, Sika Interplant Sys, Ideaforge Technology, Mallcom. Market Cap of Sterling Tools is ₹1,202 Crs. While the median market cap of its peers are ₹1,560 Crs.
Is Sterling Tools financially stable compared to its competitors?
Sterling Tools seems to be less financially stable compared to its competitors. Altman Z score of Sterling Tools is 5.58 and is ranked 6 out of its 8 competitors.
Does Sterling Tools pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sterling Tools latest dividend payout ratio is 13.01% and 3yr average dividend payout ratio is 14.06%
How has Sterling Tools allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Sterling Tools balance sheet?
Balance sheet of Sterling Tools is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Sterling Tools improving?
Yes, profit is increasing. The profit of Sterling Tools is ₹65.73 Crs for TTM, ₹55.37 Crs for Mar 2024 and ₹47.88 Crs for Mar 2023.
Is the debt of Sterling Tools increasing or decreasing?
Yes, The debt of Sterling Tools is increasing. Latest debt of Sterling Tools is ₹28.51 Crs as of Sep-24. This is greater than Mar-24 when it was -₹93.91 Crs.
Is Sterling Tools stock expensive?
Sterling Tools is not expensive. Latest PE of Sterling Tools is 18.28, while 3 year average PE is 27.18. Also latest EV/EBITDA of Sterling Tools is 10.09 while 3yr average is 13.01.
Has the share price of Sterling Tools grown faster than its competition?
Sterling Tools has given lower returns compared to its competitors. Sterling Tools has grown at ~-6.61% over the last 1yrs while peers have grown at a median rate of 29.46%
Is the promoter bullish about Sterling Tools?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Sterling Tools is 65.02% and last quarter promoter holding is 65.31%
Are mutual funds buying/selling Sterling Tools?
The mutual fund holding of Sterling Tools is decreasing. The current mutual fund holding in Sterling Tools is 2.85% while previous quarter holding is 4.24%.