Sterling Tools Ltd-$ — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Sterling Tools reported standalone total income growth of 23.7% year-on-year to Rs 201.9 crores in Q1 FY27, with EBITDA up 26.9% to Rs 31.1 crores and profit after tax up 48.4% to Rs 16.4 crores. Management said steel and broader input cost inflation created pressure during the quarter as lower-cost inventory was consumed, and it is negotiating pass-through price increases with customers. The company also detailed progress at its EV subsidiaries Sterling E-Mobility and Sterling Tech-Mobility, including new customer programs and planned production line commissioning in Q2 FY27.
Sterling Tools reported FY26 stand-alone fastener business total income growth of 11.4% to Rs 725.9 crores with EBITDA up 17.1% to Rs 111 crores and margins improving to 15.3%. Management flagged steel and energy cost inflation likely to pressure Q1 FY27 margins, and said the EV component businesses have seen adoption timelines pushed back by 3 to 5 years. The company also detailed a subsidiary-level bad debt provision of Rs 21 crores taken in Q4 and outlined plans for HVDC contactor and OBC/DC-DC converter production ramp-ups during FY27.