Is Sterling Tools a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sterling Tools Ltd is a average quality company .

Is Sterling Tools undervalued or overvalued?

The key valuation ratios of Sterling Tools Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Sterling Tools share price return in the past 10 years?

Sterling Tools Ltd share price has appreciated 18% annually (CAGR) over the past ten years.

Is Sterling Tools a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sterling Tools Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Sterling Tools Ltd - Stock Valuation and Financial Performance

Name: Sterling Tools
Brand: Sterling Tools

BSE: 530759 | NSE: STERTOOLS | Fasteners | Small Cap

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Sterling Tools Share Price

₹286.75 -7.60 -2.58%
as on 09-Apr'25 16:01

10 Year X-Ray of Sterling Tools:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	20.3%	25.4%	32.4%	32.3%	22%	10.4%	9.4%	10%	12.8%	11.3%	-
Value Creation Index ⓘ	0.5	0.8	1.3	1.3	0.6	-0.3	-0.3	-0.3	-0.1	-0.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	340	369	371	453	512	364	355	471	598	608	647
Sales YoY Gr.	-	8.6%	0.4%	22.1%	13.1%	-28.9%	-2.5%	32.6%	26.8%	1.8%	-
Adj EPS ⓘ	6.2	8.5	10.5	13.5	12.2	8.6	7	8.1	10.7	10.6	12.1
YoY Gr.	-	37.4%	23.1%	28.8%	-10.1%	-29%	-19.2%	16.6%	31.7%	-1.1%	-
BVPS (₹) ⓘ	34.3	39	48	68.9	78.9	85.7	92.9	100.8	111.4	119.3	127.2
Adj Net Profit ⓘ	21.3	29.2	35.9	48.7	43.8	31.1	25.1	29.3	38.6	38.1	44
Cash Flow from Ops. ⓘ	28.1	56.2	61.5	48	42.4	51.8	19.3	44.1	58.4	77	-
Debt/CF from Ops. ⓘ	2.6	1.2	0.7	0.7	2.3	1.4	5.4	2.8	2.1	1.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.7%	3.5%	19.6%	1.8%
Adj EPS ⓘ	6.1%	-2.7%	15%	-1.1%
BVPSⓘ	14.9%	8.6%	8.7%	7%
Share Price	18%	13.9%	23.1%	-19.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	19.5	23.3	24.2	23.6	16.4	10.5	7.8	8.4	10.1	9.2	9.8
Op. Profit Mgn % ⓘ	13.7	16.8	20.4	20.2	16.8	17	18.5	14.9	14.5	14	13.8
Net Profit Mgn % ⓘ	6.3	7.9	9.7	10.8	8.5	8.5	7.1	6.2	6.5	6.3	6.8
Debt to Equity ⓘ	0.6	0.5	0.2	0.1	0.4	0.2	0.3	0.3	0.3	0.2	-
Working Cap Days ⓘ	104	108	98	86	100	152	173	163	139	135	80
Cash Conv. Cycle ⓘ	44	39	36	38	52	73	90	93	85	91	46

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.80%

Sales growth is growing at healthy rate in last 3 years 19.62%

Net Profit is growing at healthy rate in last 3 years 14.96%

Sales growth is not so good in last 4 quarters at 8.29%

Latest Financials - Sterling Tools Ltd.

	Standalone	Consolidated
TTM EPS (₹)	12.1	18.2
TTM Sales (₹ Cr.)	647	1,096
BVPS (₹.) ⓘ	127.2	136.4
Reserves (₹ Cr.) ⓘ	453	486
P/BV ⓘ	2.31	2.16
PE ⓘ	24.42	16.20

From the Market
52 Week Low / High (₹)	265.15 / 744.30
All Time Low / High (₹)	1.12 / 744.30
Market Cap (₹ Cr.)	1,065
Equity (₹ Cr.)	7.2
Face Value (₹)	2
Industry PE ⓘ	33.6

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	166	6.8	161	9.3	167	8.2	153	8.9
Adj EPS (₹) ⓘ	3.3	58.6	3.2	38.4	3.3	24.5	2.3	-5.3
Op. Profit Mgn % ⓘ	14.58	330 bps	13.91	39 bps	14.20	31 bps	12.28	-158 bps
Net Profit Mgn % ⓘ	7.25	237 bps	7.08	150 bps	7.13	94 bps	5.42	-82 bps

Management X-Ray of Sterling Tools:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Sterling Tools

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Sterling Tools

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Peer Comparison

Company Name	CMP(₹)	Change ₹(%)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Sundram Fasteners	899	51.3 (6.1%)	Small Cap	5,666	26.1	8.9	32.5	4.7
Sterling Tools	286.8	-7.6 (-2.6%)	Small Cap	608	12.1	6.3	24.4	2.3
Lakshmi Prec. Screws	4	0 (0.3%)	Small Cap	259	-30.3	-16.2	-	-
Simmonds Marshall	105.3	-1.6 (-1.5%)	Small Cap	177	6	1.3	17.9	2.9
Globe Exim	-	0 (0%)	Small Cap	0	-	-	-	-
Agarwal Bolts	-	0 (0%)	Small Cap	0	-	-	-	-

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	340	369	371	453	512	364	355	471	598	608
Operating Expenses ⓘ	293	307	295	362	426	303	291	401	511	523
Manufacturing Costs	90	102	103	128	147	100	105	138	174	180
Material Costs	148	144	134	168	207	137	121	190	254	249
Employee Cost	28	32	31	34	36	36	36	42	45	50
Other Costs ⓘ	28	29	27	33	37	30	28	32	38	44
Operating Profit ⓘ	47	62	76	91	86	61	65	70	86	85
Operating Profit Margin (%)	13.7%	16.8%	20.4%	20.0%	16.8%	16.9%	18.2%	14.8%	14.5%	14.0%
Other Income ⓘ	1	2	7	6	6	6	3	3	6	6
Interest ⓘ	7	6	6	4	4	6	8	7	8	8
Depreciation ⓘ	12	13	17	18	19	24	26	27	31	31
Exceptional Items ⓘ	0	0	0	0	0	-3	-2	0	3	0
Profit Before Tax ⓘ	29	43	60	75	70	34	31	40	57	52
Tax ⓘ	8	15	21	26	25	5	7	10	15	13
Profit After Tax	21	28	39	49	45	29	24	30	41	39
PAT Margin (%)	6.2%	7.7%	10.6%	10.7%	8.8%	8.0%	6.9%	6.3%	6.9%	6.4%
Adjusted EPS (₹)	6.2	8.3	11.5	13.5	12.5	8.1	6.8	8.3	11.5	10.8
Dividend Payout Ratio (%)	16%	36%	17%	15%	16%	25%	15%	12%	17%	19%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	117	133	164	248	284	309	335	363	401	430
Share Capital ⓘ	7	7	7	7	7	7	7	7	7	7
Reserves ⓘ	110	127	157	241	277	301	327	356	394	422
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	61	55	28	25	86	54	89	104	101	80
Long Term Debt	22	23	25	16	54	48	38	43	37	27
Short Term Debt	39	32	3	9	32	6	51	61	64	53
Trade Payables	26	27	29	36	33	21	30	26	29	34
Others Liabilities ⓘ	50	69	50	45	59	62	64	70	78	74
Total Liabilities ⓘ	255	283	271	355	462	445	517	563	609	616
Fixed Assets
Gross Block	214	225	258	269	319	412	426	475	495	520
Accumulated Depreciation	84	87	103	121	137	159	181	208	238	267
Net Fixed Assetsⓘ	130	138	155	149	182	253	245	266	257	253
CWIP ⓘ	0	1	0	10	47	1	0	1	11	2
Investmentsⓘ	6	6	18	72	72	34	46	44	61	54
Inventories	42	41	46	55	82	59	109	102	124	131
Trade Receivables	39	36	34	45	41	28	42	57	65	63
Cash Equivalents	1	11	3	1	4	11	27	20	46	79
Others Assetsⓘ	36	49	15	22	33	60	48	73	44	35
Total Assets ⓘ	255	283	271	355	462	445	517	563	609	616

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	28	56	62	48	42	52	19	44	58	77
PBT ⓘ	29	43	60	75	70	34	31	40	57	52
Adjustment ⓘ	22	22	18	17	17	30	33	29	35	32
Changes in Working Capital ⓘ	-15	5	2	-16	-21	-5	-36	-14	-19	7
Tax Paid ⓘ	-8	-14	-19	-28	-23	-6	-8	-11	-15	-14
Cash Flow From Investing Activity ⓘ	-30	-25	-27	-76	-92	-3	-51	-53	-43	-34
Capex	-29	-25	-16	-24	-95	-46	-16	-48	-29	-14
Net Investments	-1	-1	-12	-52	3	43	-37	12	-19	-23
Others ⓘ	0	0	0	1	0	0	2	-18	5	3
Cash Flow From Financing Activityⓘ	-4	-21	-42	26	52	-42	23	8	-12	-39
Net Proceeds from Shares ⓘ	0	0	0	44	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	1	5	0	-12	41	1	-14	9	-3	-13
Interest Paid ⓘ	-7	-6	-5	-3	-4	-7	-7	-6	-8	-7
Dividend Paid ⓘ	-3	-10	-7	-7	-9	-9	0	-4	-4	-7
Others ⓘ	6	-10	-30	4	24	-27	45	9	3	-11
Net Cash Flow ⓘ	-5	9	-8	-1	3	7	-9	-1	4	3

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	19.48	22.67	26.35	23.61	16.86	9.8	7.59	8.52	10.84	9.35
ROCE (%)	20.3	25.36	32.42	32.34	22	10.44	9.44	10	12.82	11.32
Asset Turnover Ratio	1.58	1.54	1.5	1.48	1.25	0.8	0.76	0.9	1.05	1.02
PAT to CFO Conversion(x)	1.33	2	1.59	0.98	0.93	1.79	0.79	1.47	1.41	1.97
Working Capital Days
Receivable Days	36	33	31	31	31	35	35	37	36	38
Inventory Days	37	37	38	39	49	71	84	80	68	74
Payable Days	58	67	75	71	61	71	76	54	39	46

Sterling Tools Ltd Stock News

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Sterling Tools Ltd FAQs

What is the share price of Sterling Tools?

Company share prices are keep on changing according to the market conditions. The closing price of Sterling Tools on 09-Apr-2025 16:01 is ₹286.8.

What is the market cap of Sterling Tools?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Apr-2025 16:01 the market cap of Sterling Tools stood at ₹1,065.1.

What is the P/E ratio of Sterling Tools?

The latest P/E ratio of Sterling Tools as of 09-Apr-2025 16:01 is 24.42.

What is the P/B ratio of Sterling Tools?

The latest P/B ratio of Sterling Tools as of 09-Apr-2025 16:01 is 2.31.

What is the 52-week high and low of Sterling Tools?

The 52-week high of Sterling Tools is ₹744.3 and the 52-week low is ₹265.1.

What is the TTM revenue of Sterling Tools?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sterling Tools is ₹647.0 ( Cr.) .

About Sterling Tools Ltd

Sterling Tools Ltd was incorporated in 1979 and commercial production began in 1981. It made its first public offer in 1995 and began trading at Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). As a premier producer of cold forged hi-tensile fasteners it supplies to all major auto OEMs. It is one of the leading suppliers in India with a client base that extends across India, USA, Europe, South America and the Middle East.

The company’s manufacturing facilities are spread across three plants, all located in the industrial hub of Faridabad in Haryana close to New Delhi. The facilities have state-of-the-art equipment and processes geared for quality solutions. With highly experienced engineering leaders, STL’s engineering department handles customer requirements with professionalism and precision. It is committed to delivering a quality product that is wholly reliable and meets its customers’ needs optimally.

Business area of the company

The company is engaged in manufacturing of high tensile cold forged fasteners for Automotive Industry having its presence amongst all Auto Segments- Passenger Vehicle (PV), Commercial Vehicle (CV), Two Wheelers, Farm Equipment and Off-Roadways. Its subsidiary company Sterling GTAKE E-mobility Limited is engaged in the manufacture of Motor Control Units (MCUs) for electric vehicle.

Awards

2010: Winner of Supplier Quality Improvement Contest by Kirloskar Oil Engines Limited
2012: Takata India Pvt Ltd Supplier Meet 2012 Appreciation Award presented to Sterling Tools Ltd
2013: “Power of Dreams” presented to Sterling Tools Ltd in recognition of the Valuable Support and Contribution by Honda
2014: GM Supplier Quality Excellence Award to Sterling Tools Ltd
2013-14: Maruti Suzuki India Limited, Certificate to STL in recognition of their sincere efforts and superior performance in the field of Overall Performance.
2015: Supplier Positioning Certification from Honda as A1
2014-15: Maruti Suzuki, Certificate of Appreciation presented to STL in recognition of their superior performance in the field of Special Support.
2016-17: STL Won Big Award At 3rd ACMA ACT Summit, Pune

History and milestones