| Revenue growth | Standalone total income +32.4% Q2, +28.2% H1 |
|---|---|
| Margins | Standalone EBITDA margin 12.1% vs 14.9%; GPM 59.0% vs 64.2% |
| Demand visibility | CV traction; 2 new OEM confirmations; rising EV penetration |
| Management confidence | Confident; margins to improve; no numeric guidance |
Growth
Standalone Q2 total income +32.4%, EBITDA +8.1%. PAT ₹13.6 Cr (-31.2%), against a prior base that included a ₹9.5 Cr gain.
Outlook
Management expects margins to improve over coming quarters. FY27 capex raised to ~₹135 Cr. No numeric guidance given.
Risks
Gross margin 59.0% vs 64.2%. Low-cost inventory exhausted, input costs up, pass-through lags. SEM/STML losses weigh on consolidated profit.
Last quarter's promises, checked
Delivered
- Guided STML commercial supplies from Q2FY27 → HVDC contactor supplies started (= BEAT)
- Guided SEM OBC/MFU lines commissioned in Q2FY27 → commissioned (= BEAT)
- Guided growth of 20%+ → standalone Q2 total income +32.4% (= BEAT)
Partly delivered
- Guided steel pass-through recovery within 2-4 months → recovery lagged; GM 59.0% vs 64.2% (= PARTIAL)
Missed
- Guided full-year EBITDA margin held (Q1 15.4%) → Q2 standalone EBITDA margin 12.1% (= MISS)
- Guided FY27 capex ₹88 Cr → raised to ~₹135 Cr (= MISS)
Investor Presentation filed with BSE, NSE: STERTOOLS. Summary written with AI assistance from the document.
Sterling Tools Ltd: key numbers
- Share price
- ₹204.11
- Market cap
- ₹741.8 Cr
- Revenue (annual)
- ₹827.8 Cr
- Net profit (annual)
- ₹29.33 Cr
- P/E (TTM)
- 61.9×Sector 30.9×
- Promoter holding
- 64.86%+0.00% QoQ
- FII holding
- 0.08%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Sterling Tools Ltd
All →Sterling Tools Earnings Call Transcript: Key Takeaways
Sterling Tools delivered record revenue but margins were squeezed by massive input cost inflation and the exhaustion of low-cost inventory.
- Call
- Guides 15% growth
Sterling Tools Results Update
Sterling Tools' press release highlights record standalone half-year total income and EBITDA, plus Q2 FY27 results. A new CFO was also appointed.
Sterling Tools Management Change
Sterling Tools appointed Amit Dhadda as Chief Financial Officer effective 27 October 2026, announced at a board meeting. A Chartered Accountant with 25+ years in corporate finance, he already serves as Vice President - Finance & Accounts.
Sterling Tools Q2 FY27 Results: Net Profit ₹3 Cr, Down 82.6% YoY
Sterling Tools Ltd reported revenue from operations of ₹250.4 Cr (+20.4% YoY) and net profit of ₹3 Cr (-82.6% YoY) for Q2 FY27.
- Key figure
- Net profit ₹3 Cr · -82.6% YoY
Sterling Tools Board Meeting Date
Sterling Tools will hold a board meeting on October 27, 2026, to consider and approve its unaudited financial results for the quarter and half-year.
Sterling Tools Other Announcement
Sterling Tools Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required under SEBI regulations.