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Established in 1979, STL manufactures and markets high tensile cold forged fasteners, primarily for the automobile industry. STL was founded by the first generation entrepreneur, Mr. Manohar Lal Aggarwal, and has thereafter been managed by his two sons, Mr. Anil Aggarwal and Mr. Atul Aggarwal.
Sterling Tools' Board approved Q1 financial results. Consolidated revenue reached ₹21.41 Cr, with a group profit of ₹0.59 Cr. The company will invest ₹15 Cr in its wholly-owned subsidiary Sterling Tech – Mobility for working capital. A final dividend of ₹2.75/share for FY26 is proposed.
Sterling Tools approved Q4/FY26 results. Consolidated revenue saw a sharp YoY decline due to a subsidiary customer mix shift. A ₹2.75/share dividend was proposed. Board to invest up to ₹20 Cr in EV subsidiary Sterling E-Mobility. Anish Agarwal appointed CFO and Whole-Time Director.
Sterling Tools partnered with China's Nanjing Haohang Technology (turnover ~₹332 Cr) for a technical collaboration. This deal localizes advanced rider assistance systems (ARAS) engineering, manufacturing, and sales for the Indian two-wheeler market, boosting future growth.
Sterling Tools partners with China's Nanjing Haohang (turnover ~330 Cr) through a technical collaboration and supply agreement. This aims to localize Advanced Rider Assistance Systems (ARAS) for the Indian two-wheeler market, tapping into new growth.
Sterling Tools confirms zero re-lodgement requests for physical shares during a recent review period. No requests were received, processed, or rejected, indicating no shareholder activity in physical share transfers at this time.