Investor MeetAnalysts/Institutional Investor Meet/Con. Call Updates
Sterling Tools reported strong Q1 FY27: Standalone Income +23.7% to INR 201.9 Cr, EBITDA +26.9% to INR 31.1 Cr (15.4% margin), PAT +48.4% to INR 16.4 Cr.
Sterling Tools LimitedSTERTOOLS · Filed with the exchange
Fasteners are 90-95% utilized, with INR 80 Cr capex planned for FY27 to boost INR 1000 Cr capacity.
Management expects stable margins despite cost pressures through customer negotiations.
EV arms (SEM, STML) target 20-30% FY27 growth, aiming for FY28 breakeven.
SEM diversifies after losing a key customer, focusing on LCV/HCV and R&D. STML starts production Q2 FY27. Management is confident in long-term growth and strategic investments.
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