Sterling Tools Ltd.
Snapshot View

242.20 -1.15 ▼-0.5%

29 July 2021, 04:00:00 P.M.
Volume: 29,454

Overview View Details

Sector Automobile & Ancillaries Compare with Sector peers
Industry Fasteners Compare with Industry peers
Website http://www.stlfasteners.com
Financial Indicators
Market Cap 864.22 Cr.
Earnings per share (EPS) 6.53 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 36.76 Trailing Twelve Months Ending 2021-03
Industry PE 162.52 Trailing Twelve Months Ending 2021-03
Book Value / Share 92.01 Trailing Twelve Months Ending 2021-03
Price to Book Value 2.61 Calculated using Price: 239.90
Dividend Yield 0.83 Period Ending 2020-03
No. of Shares Subscribed 3.60 Cr. 36,024,211 Shares
FaceValue 2
Company Profile

Sterling Tools (STL) was incorporated in 1979 as a private limited company. This company is engaged in manufacturing and marketing of high tensile cold forged fasteners. It was promoted by M.L.Aggarwal. Being amongst the leading OEM supplier, company serves one of the leading automobile companies located at India, Europe and USA.

Company's manufactures high tensile fasteners for automobiles and other industrial applications. Headquartered at Faridabad, company has manufacturing units located at Ballabhgarh, Prithla and Uttaranchal. The company has received ISO 9002 and ISO 14001:2004 Certifications for its quality management.

Company has marketing network of 60 dealers through which in India, it has presence in Agra, Ahmedabad, Allahabad, Ambala, Bangalore, Chandigarh, Chennai, Cuttack, Ernakulam, Gandhinagar, Ghaziabad, Gorakhpur, Guwahati, Hyderabad, Indore, Jalandhar, Jammu, Jamshedpur, Kanpur, Kolkata, Lucknow, Ludhiana, Meerut, Mumbai, Nasik, Patna, Pune, Ranchi, Salem, Trivandrum, Vijaywada and Varanasi. Besides this the company also has presence in Bangladesh, Detroit (USA), Nepal and Italy.

Products

Special Fasteners

Surface treatment and coatings

Standard Fasteners

Chassis Fasteners

Engine Fasteners

Company manufactures bolts and screws that have size ranging from M5 to M24 and length ranging from 8 mm to 250 mm. It also manufactures size ranging from M6 to M22.

Company has regional offices in Chennai and Pune and residential representatives in places like Jamshedpur and Mumbai. Company has clientele namely Eicher, Escorts, Bajaj Auto, Maruti Udyog, Hero Honda and Telco.

Milestones

1979- Sterling Tools was incorporated as a private limited company. This, later became public limited on October, 1994 with an installed capacity of 20 million pieces of fastners

Between 1980-92- Company underwent through capacity expansion and started producing product ranging from 16mm draneter fastners to 24 mm draneter fastners. The capacity was increased from 165 million pieces to 230 million pieces. Company’s installed capacity (tonnage wise) was also increased from 3200 tonnes to 7000 tonnes.

2000- Company started promoting a new B2B (business-to-business) portal for automotive spare parts called sparesindia.com.

Future Plan

Sterling Tools aims to promote the exports turnover along with increase in domestic turnover.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.47%
1 Week
+18.67%
1 Month
+31.92%
3 Month
+25.46%
6 Month
+25.20%
1 Year
+36.49%
2 Year
+26.21%
5 Year
+110.15%
5 years 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 21.72 27.17 24.16 17.15 10.60
Return on Capital Employed (%) 24.86 33.16 32.98 22.31 11.28
Return on Assets (%) 10.03 14.37 15.81 11.12 6.89

Balance Sheet View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 129 160 244 281 306
Non Curr. Liab. 72 54 44 89 83
Curr. Liab. 78 53 63 88 55
Minority Int. 0
Equity & Liab. 280 267 351 458 444
Non Curr. Assets 176 169 177 261 292
Curr. Assets 103 98 174 197 153
Misc. Exp. not W/O
Total Assets 280 267 351 458 444

Profit Loss View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 372 371 453 512 364
Other Income 2 7 6 7 6
Total Income 374 378 459 519 370
Total Expenditure -311 -295 -362 -426 -303
PBIDT 63 83 96 92 67
Interest -6 -6 -4 -4 -6
Depreciation -13 -17 -18 -19 -24
Taxation -15 -21 -26 -25 -6
Exceptional Items 0
PAT 28 39 49 45 31

Cash Flow View Details

Particulars 5 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 56 59 47 43 52
Cash Fr. Inv. -26 -25 -75 -92 2
Cash Fr. Finan. -21 -42 26 52 -42
Net Change 9 -8 -1 3 12
Cash & Cash Eqvt 11 2 1 4 16

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 65.34 65.77 65.77 65.77 65.77 65.77 65.77 65.77 65.77
Public 34.66 34.23 34.23 34.23 34.23 34.23 34.23 34.23 34.23
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Wed, 28 Jul 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 read with Part A of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 an Analyst/ Institutional Investor Meeting(Audio/Video Call) is scheduled with Phillip Capital (India) Pvt Ltd. and its Clients on 30th July 2021

The schedule of the above mentioned meeting is subject to change and the change may occur due to exigencies on the part of Investor/ Analyst/ Company.

Kindly take the above information on record.
Wed, 21 Jul 2021
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached a Media/Press release(both English & Hindi Version) by Sterling G-take E-mobility Limited a Subsidiary of the Company titled Sterling Gtake E-Mobility Limited bags an order worth INR. 600 Million for High Speed Electric 2W application.
Tue, 13 Jul 2021
Shareholding for the Period Ended June 30 2021
Sterling Tools Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here

Technical Scans View Details

Thu, 29 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 211,211.36 6,993.50 -2.4%
Bajaj Auto Ltd. 108,883.02 3,763.75 -1.4%
Tata Motors Ltd. 97,285.02 292.90 +3.0%
Mahindra & Mahindra Ltd. 90,964.40 731.45 +0.4%
Motherson Sumi Systems Ltd. 75,332.52 238.45 +4.2%
Eicher Motors Ltd. 69,133.10 2,528.15 -0.9%
Hero MotoCorp Ltd. 54,876.29 2,745.70 -1.2%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-06 41.15 6,993.50 -2.4%
Bajaj Auto Ltd. Consolidated 2021-06 19.33 3,763.75 -1.4%
Tata Motors Ltd. Consolidated 2021-06 0.00 292.90 +3.0%
Mahindra & Mahindra Ltd. Consolidated 2021-03 50.19 731.45 +0.4%
Motherson Sumi Systems Ltd. Consolidated 2021-03 72.50 238.45 +4.2%
Eicher Motors Ltd. Consolidated 2021-03 51.33 2,528.15 -0.9%
Hero MotoCorp Ltd. Consolidated 2021-03 18.81 2,745.70 -1.2%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2021-06 3.99 6,993.50 -2.4%
Bajaj Auto Ltd. Consolidated 2021-06 3.84 3,763.75 -1.4%
Tata Motors Ltd. Consolidated 2021-06 1.91 292.90 +3.0%
Mahindra & Mahindra Ltd. Consolidated 2021-03 2.20 731.45 +0.4%
Motherson Sumi Systems Ltd. Consolidated 2021-03 6.45 238.45 +4.2%
Eicher Motors Ltd. Consolidated 2021-03 6.09 2,528.15 -0.9%
Hero MotoCorp Ltd. Consolidated 2021-03 3.56 2,745.70 -1.2%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 0.00 6,993.50 -2.4%
Bajaj Auto Ltd. Consolidated 2021-03 0.00 3,763.75 -1.4%
Tata Motors Ltd. Consolidated 2021-03 2.46 292.90 +3.0%
Mahindra & Mahindra Ltd. Consolidated 2021-03 1.95 731.45 +0.4%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1.13 238.45 +4.2%
Eicher Motors Ltd. Consolidated 2021-03 0.01 2,528.15 -0.9%
Hero MotoCorp Ltd. Consolidated 2021-03 0.02 2,745.70 -1.2%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 11.52 6,993.50 -2.4%
Bajaj Auto Ltd. Consolidated 2021-03 18.60 3,763.75 -1.4%
Tata Motors Ltd. Consolidated 2021-03 -22.17 292.90 +3.0%
Mahindra & Mahindra Ltd. Consolidated 2021-03 0.57 731.45 +0.4%
Motherson Sumi Systems Ltd. Consolidated 2020-03 11.98 238.45 +4.2%
Eicher Motors Ltd. Consolidated 2021-03 12.37 2,528.15 -0.9%
Hero MotoCorp Ltd. Consolidated 2021-03 20.03 2,745.70 -1.2%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 14.71 6,993.50 -2.4%
Bajaj Auto Ltd. Consolidated 2021-03 24.16 3,763.75 -1.4%
Tata Motors Ltd. Consolidated 2021-03 -1.27 292.90 +3.0%
Mahindra & Mahindra Ltd. Consolidated 2021-03 6.52 731.45 +0.4%
Motherson Sumi Systems Ltd. Consolidated 2020-03 12.08 238.45 +4.2%
Eicher Motors Ltd. Consolidated 2021-03 16.42 2,528.15 -0.9%
Hero MotoCorp Ltd. Consolidated 2021-03 25.96 2,745.70 -1.2%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 75,660.00 6,993.50 -2.4%
Bajaj Auto Ltd. Consolidated 2021-03 27,741.08 3,763.75 -1.4%
Tata Motors Ltd. Consolidated 2021-03 249,794.75 292.90 +3.0%
Mahindra & Mahindra Ltd. Consolidated 2021-03 89,026.76 731.45 +0.4%
Motherson Sumi Systems Ltd. Consolidated 2020-03 63,536.80 238.45 +4.2%
Eicher Motors Ltd. Consolidated 2021-03 8,720.35 2,528.15 -0.9%
Hero MotoCorp Ltd. Consolidated 2021-03 30,959.19 2,745.70 -1.2%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2020-03 5,559.20 6,993.50 -2.4%
Bajaj Auto Ltd. Consolidated 2021-03 4,550.70 3,763.75 -1.4%
Tata Motors Ltd. Consolidated 2021-03 -13,016.14 292.90 +3.0%
Mahindra & Mahindra Ltd. Consolidated 2021-03 230.44 731.45 +0.4%
Motherson Sumi Systems Ltd. Consolidated 2020-03 1,237.00 238.45 +4.2%
Eicher Motors Ltd. Consolidated 2021-03 1,315.76 2,528.15 -0.9%
Hero MotoCorp Ltd. Consolidated 2021-03 2,982.61 2,745.70 -1.2%