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Sterling Tools Ltd share price logo

Sterling Tools Ltd

(STERTOOLS)

₹618.3510.45%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Sterling Tools Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Sterling Tools Ltd. An average target of ₹607

Source: S&P Global Market Intelligence

Sterling Tools Ltd Share analysis

Sterling Tools Ltd price forecast by 1 analysts

Upside of8.42%

High

₹607

Target

₹607.00

Low

₹607

Sterling Tools Ltd target price ₹607, a slight upside of 8.42% compared to current price of ₹618.35. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Sterling Tools Ltd Performance

  • Day's Low

    Day's High

    ₹544.3
    ₹629
  • 52 Week's Low

    52 Week's High

    ₹304.35
    ₹639.85
1 Month Return+ 5.28 %
3 Month Return+ 4.47 %
1 Year Return+ 55.13 %
Previous Close₹559.85
Open₹550.85
Volume13.42L
Upper Circuit-
Lower Circuit-
Market Cap₹2,016.82Cr

Sterling Tools Ltd Key Statistics

P/E Ratio30.69
PEG Ratio5.98
Market Cap₹2,016.82 Cr
P/B Ratio2.56
EPS15.37
Dividend Yield0.65
SectorCastings, Forgings & Fastners
ROE9.33

Sterling Tools Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹2,016.82 Cr44.13%0.60₹55 Cr₹931 Cr
NA₹65.03 Cr-12.56%0.61NANA
NA₹1,524.38 Cr30.16%0.50NANA
NA₹203.86 Cr71.08%0.67-₹5 Cr₹88 Cr
NA₹441.59 Cr101.33%0.67₹22 Cr₹276 Cr

Sterling Tools Ltd Mutual Fund Holdings

Funds HoldingsPrev. 6M
HSBC Small Cap Fund Fund Direct Growth logoHSBC Small Cap Fund Fund Direct Growth0.56%

About Sterling Tools Ltd

Sterling Tools STL is a public limited company in India, incorporated in October 1994. The company specialises in manufacturing high-tensile HT fasteners mainly for automobile industry. The Faridabad based plant had a capacity of 7,500 metric tonnes per annum (MTPA) as of 2000-01, achieved by expanding capacity from 4,000 MTPA to 6,600 MTPA in 1995-96 and a further increase of 500 MTPA in two subsequent years. The company focusses on supplying to diverse segments such as two-wheeler, four-wheeler, passenger transport, goods transport, tractors, and farm equipment, and their clientele includes Eicher, Escorts , Bajaj Auto, Maruti Udyog ,Hero Honda and Telco.

STL has created a niche for itself as the largest supplier of HT fasteners to Hero Honda, and the second-largest supplier to Maruti Bajaj Auto and TELCO. They have a wide product range of over 2000 types of fasteners from 5 mm to 24 mm diameter. They have obtained ISO 9002 and QS 9002 certification in 1998 and 1999–2000 respectively. Further efforts are ongoing to penetrate export markets in the UK, Germany, France, Belgium and Italy.

Share Price: ₹618.35 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,016.82Cr as of today
Revenue: ₹283.98Cr as on September 2024 (Q3 24)
Net Profit: ₹17.47Cr as on September 2024 (Q3 24)
Listing date: 23 Sep, 1996
Chairperson Name: Anil Aggarwal
OrganisationSterling Tools Ltd
HeadquartersFaridabad
IndustryCastings, Forgings & Fastners
E-voting on sharesClick here to vote

Key events for Sterling Tools Ltd

  • Sterling Tools Receives Positive Rating Upgrade - 19 Nov, 2024

    Sterling Tools has been upgraded to a long-term rating of [ICRA]AA- (Positive) due to its strong credit profile and significant growth in the electric vehicle components segment. The company maintains a solid market position and has expanded production capacity to meet rising EV demand, positioning itself favorably for future growth.

  • Sterling Tools Reports Strong Q2 FY25 Financials - 14 Nov, 2024

    Sterling Tools Limited announced impressive Q2 FY25 results, with a 40.1% YoY increase in net profit to ₹17.47 crore and a 34.9% rise in revenue to ₹283.98 crore. Despite a slight sequential decline in profit, the overall performance reflects strong market positioning.

  • Sterling Tools Partners for HVDC Manufacturing in India - 07 Nov, 2024

    Sterling Tools Ltd has entered a technical collaboration with Kunshan GLVAC Yuantong New Energy Technology to manufacture advanced high-voltage direct current contactors and relays in India.

  • Sterling Tools Partners to Localize EV Component Manufacturing - 06 Nov, 2024

    Sterling Tools Limited has partnered with GLVAC to manufacture HVDC contactors and relays in India, targeting ₹250 crore revenue by FY30. Following this announcement, shares rose nearly 3%, reflecting positive investor sentiment towards the company's strategic move to localize EV component production.

Insights on Sterling Tools Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 5 quarters, 212.13 Cr → 285.91 Cr (in ₹), with an average increase of 7.1% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, STERTOOLS stock has moved up by 5.3%

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, STERTOOLS has outperformed top 5 stocks with highest market-cap in Apparel & Accessories

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 28.69% to 29.38% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.05% to 0.12% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 65.77% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Safari Industries India Ltd has given 455.6% return, outperforming this stock by 251.3%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 5.13% to 4.66% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 18.41 Cr → 17.47 Cr (in ₹), with an average decrease of 5.1% per quarter

Sterling Tools Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹210.17Cr (-)₹231.95Cr (↑10.36%)₹269.25Cr (↑16.08%)₹281.68Cr (↑4.62%)₹283.98Cr (↑0.82%)
Net Income₹12.46Cr (-)₹13.58Cr (↑8.99%)₹16.25Cr (↑19.66%)₹18.41Cr (↑13.29%)₹17.47Cr (↓5.11%)
Net Profit Margin5.93% (-)5.85% (↓1.35%)6.04% (↑3.25%)6.54% (↑8.28%)6.15% (↓5.96%)
Value in ₹ crore
Details2021202220232024
Total Assets₹519.44Cr (-)₹565.18Cr (↑8.81%)₹610.93Cr (↑8.09%)₹618.83Cr (↑1.29%)
Total Liabilities₹184.81Cr (-)₹202.07Cr (↑9.34%)₹209.48Cr (↑3.67%)₹187.21Cr (↓10.63%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹51.82Cr (-)₹19.34Cr (↓62.68%)₹44.10Cr (↑128.02%)₹58.43Cr (↑32.49%)₹76.98Cr (↑31.75%)

Index Inclusions

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Sterling Tools Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
65.77%
0.00
Foreign Institutions
0.12%
112.45
Mutual Funds
4.66%
-9.20
Retail Investors
29.38%
2.40
Others
0.08%
-77.32

Sterling Tools Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)8.476.537.0913.2915.37
Details20202021202220232024
Return On Equity %9.88.338.5210.849.33
Details20202021202220232024
Return On Assets %6.824.534.527.848.95
Details20202021202220232024
Book Value Per Share (₹)85.0792.0198.76111.16124.11

Sterling Tools Ltd Valuation

Sterling Tools Ltd in the last 5 years

  • Overview

  • Trends

Lowest (12.81x)

September 5, 2019

Today (30.69x)

November 19, 2024

Industry (40.02x)

November 19, 2024

Highest (56.12x)

August 20, 2020

LowHigh

Sterling Tools Ltd Earnings and Dividends

  • Sterling Tools Ltd Earnings Results

    Sterling Tools Ltd’s net profit jumped 40.21% since last year same period to ₹17.47Cr in the Q2 2024-2025. On a quarterly growth basis, Sterling Tools Ltd has generated -5.11% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Sterling Tools Ltd Dividends May,2024

    In the quarter ending March 2024, Sterling Tools Ltd has declared dividend of ₹2 - translating a dividend yield of 0.32%.

    Read More about Dividends

Sterling Tools Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Sterling Tools Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Sterling Tools Ltd

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Sterling Tools Ltd (STERTOOLS) share price today is ₹618.35

Sterling Tools Ltd is listed on NSE

Sterling Tools Ltd is listed on BSE

  • Today’s highest price of Sterling Tools Ltd is ₹629.
  • Today’s lowest price of Sterling Tools Ltd is ₹544.3.

PE Ratio of Sterling Tools Ltd is 30.69

PE ratio = Sterling Tools Ltd Market price per share / Sterling Tools Ltd Earnings per share

Today’s traded volume of Sterling Tools Ltd(STERTOOLS) is 13.42L.

Today’s market capitalisation of Sterling Tools Ltd(STERTOOLS) is ₹2016.82Cr.

Sterling Tools Ltd(STERTOOLSPrice
52 Week High
₹639.85
52 Week Low
₹304.35

Sterling Tools Ltd(STERTOOLS) share price is ₹618.35. It is down -3.36% from its 52 Week High price of ₹639.85

Sterling Tools Ltd(STERTOOLS) share price is ₹618.35. It is up 103.17% from its 52 Week Low price of ₹304.35

Sterling Tools Ltd(STERTOOLSReturns
1 Day Returns
58.5%
1 Month Returns
5.28%
3 Month Returns
4.47%
1 Year Returns
55.13%