Sterling Tools Limited has informed the Exchange about Investor Presentation
STERLING TOOLS LIMITED CIN: L29222DL 1979PLC009668
WORKS : 5-A DLF Industrial Estate Faridabad - 121 003 Haryana India Tel : 91-129-227 0621 to 25/225 5551 to 53 Fax: 91-129-227 7359 E-mail : st;rling@:;tlfasteners.com website : stlfasteners.com
Through NEAPS
By Listing Centre
National Stock Exchange of India Limited "Exchange Plaza", Bandra-Kurla Complex, Sandra (E) Murhbai-400051
The Secretary BSE Limited 25th Floor, P. J. Towers Dalal Street, Mumbai - 400001
Trading Symbol: STERTOOLS
Scrip Code: 530759
Date: 7th August 2025
Sub: Investor presentation for the first quarter ended 30th June, 2025
Dear Sir/ Madam,
This is in continuation of our letter dated 1 st August, 2025 with respect to the intimation of schedule of Analyst / Institutional Investor Meeting- Earning Conference Call to be held on Friday 8th August, 2025 at 3:00 P.M.
In this regard, pursuant to Regulation 30 read with Part A of schedule Ill of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please Investor Presentation for the first quarter ended 30th June, 2025.
find enclosed herewith
This is for your information and records.
Yours truly, For STERLING T
Pankaj Gupta Chief Financial Officer
l Encl: As above.
,,;.
REGO. OFFICE: DJ-1210. 12th Floor, DLFTower-B Jasola Distric Centre, New Delhi . 110025 Email : csec@stlfasteners.com
Diversification Through Innovation
Sterling Tools Limited Investor Presentation
August 2025
Table Of Contents
1
2
3
4
Q1FY26 Business Highlights
Financial Highlights
Historical Financials
Annexure
Page No.
04
10
13
17
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Safe Harbor Statement
This presentation and the accompanying slides (the "Presentation") have been prepared by Sterling Tools Ltd (the
"Company") solely for informational purposes and do not constitute an offer, recommendation, or invitation to purchase or
subscribe for any securities, and shall not serve as the basis for any contract or binding commitment.
No offering of securities of the Company will be made except by means of a statutory offering document containing
detailed information about the Company.
This Presentation has been prepared by the Company based on information and data which the Company considers
reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be
placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of Presentation.
This Presentation may not this be all inclusive and may not contain all of the information that you may consider material.
Any liability in respect of the contents of, or any omission from, Presentation is expressly excluded.
The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from
results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward – looking
information contained in this presentation.
Any forward – looking statements and projections made by third parties included in this Presentation are not adopted by
the Company and the Company is not responsible for such third party statements and projections.
Diversification Through Innovation
Q1FY26 Business Highlights
SGEM EV Compound-Faridabad
Management Commentary
Commenting on the results and performance for Q1FY26, Mr. Atul Aggarwal, Managing Director of Sterling
Tools Ltd. said:
“We are pleased to report a steady performance in Q1FY26, underscoring the resilience of our standalone operations and the continued evolution of our group strategy.
While the domestic automobile industry witnessed a YoY decline of approximately 5.1% in Q1 FY26, our standalone fasteners business maintained stability, supported by operational discipline and sustained offtake from key customers. We continue to grow at a faster pace as compared to the Industry.
We have begun to see early traction from newly acquired customers in the standalone fasteners segment, including Hyundai. The onboarding of these new OEMs strengthens our long-term positioning and is expected to support incremental growth in the coming quarters.
In our Sterling Gtake E-Mobility (SGEM) subsidiary, we have seen a decline in revenue owing to the product insourcing by one of our key customers. As stated in the past, SGEM is working actively with 28 customer programs for various MCU models. These customers are spread across 2W, 3W ,LCVs & HCVs. Further, SGEM is aggressively working on product diversification by adding new products such as integrated Motors & MCUs, Magnet free Motors, Onboard Charges and DC/DC Convertors. Sterling secured its first nomination for DC/DC convertors from a leading e-CV OEM and the other new product lines will also start generating revenues by the end of this fiscal or during FY27.
Our other subsidiary- Sterling Tech-Mobility Limited (STML) is set to commence commercial production of HVDC contactors and relays by the second half of FY26. This venture is in collaboration with Kunshan GLVAC Yuantong.
Looking ahead, our standalone business is expected to maintain its stable growth trajectory, driven by new customer additions and deeper market penetration. Strategically, we are aligning our efforts across the STL Group to expand in the Autonomous, Connected and Electric (ACE) mobility space. This comprehensive approach positions us to stay ahead of industry trends and drive innovation.”
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5
Financial Highlights – Q1FY26
E N O L A D N A T S
D E T A D I L O S N O C
Total Income
EBITDA
PBT
PAT
162.9
163.2
14.8%
24.1
15.0%
24.5
9.5%
9.1%
7.0%
6.8%
15.5
14.9
11.4
11.0
Q1FY25
Q1FY26
Q1FY25
Q1FY26
Q1 FY25
Q1 FY26
Q1FY25
Q1FY26
Total Income
Adjusted EBITDA*
PBT
PAT
283.7
13.1%
13.6%
8.4%
6.3%
6.5%
4.6%
195.0
37.0
26.5
23.9
18.4
12.3
9.0
Q1FY25
Q1FY26
Q1FY25
Q1FY26
Q1 FY25
Q1 FY26
Q1FY25
Q1FY26
Rs. in Crore
TOTAL INCOME MIX Q1FY26
31.8
163.2
STL (Standalone)
SGEM
*Adjusted EBITDA excludes ESOP expenses
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6
Well Diversified Revenue Mix
STL (Standalone)
SGEM
Channel-wise mix Q1 FY26
End-user segment-wise mix Q1 FY26
End-user segment-wise mix Q1 FY26
10%
1%
1%
10%
31%
15%
17%
28%
14%
58%
89%
26%
OEM Exports Replacement
PV 2W CV
Farm Equipment & Off Road Retail Exports
2W 3W LCV/HCV
Note - 100% EV products supplied to OEMs
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SGEM – EV Solutions: E-Powertrain & Power Electronics
• One of India’s leading suppliers of Motor Control Units (MCUs) for electric vehicles
• Since its inception in 2020, SGEM has evolved into a full-spectrum powertrain and power
electronics solutions provider for the EV industry
Scaling with Purpose: Expanding Segments, Deepening Capabilities and Enhancing Margins
• Technology centres in Faridabad and Bengaluru with 98 Engineers, 21 Business Contracts
Volume growth and customer acquisition
and 28 Live Customer Programmes
Segment Diversification
• 2W
• 3W
• LCV
• HCV
Product Diversification
• MCUs
• Magnet free Motors
• Off-board chargers
•
Integrated Motor & MCU
• On-board chargers
• DC/DC converters
Strategic alliances with global technology leaders to strengthen technological edge and market credibility
Jiangsu Gtake Electric Co. Ltd, China
Advanced Electric Machines Ltd, UK
Supply chain optimization and strategic sourcing
Insourcing of critical processes to reduce costs and improve control
Investing in advanced manufacturing, including Surface Mount Technology (SMT) and shop floor automation
Building strong in-house engineering capabilities with global support
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8
Strategic Initiatives & Way Forward
STL’s Fasteners business is expected to continue growing at a single-digit percentage rate
Strategic alliances with global technology leaders such as Jiangsu Gtake Electric and Advanced Electric Machines are enhancing STL Group’s technological edge, product innovation, and market credibility in the evolving EV ecosystem
SGEM to diversify its customer base for MCUs by focusing on LCV, HCV and 3W application. It also plans to regain its leadership position in the 2W segment through the recently launched integrated Motors & Controllers solutions
Way Forward
Product diversification beginning to deliver results, first business nomination for DC/DC product secured in Aug’ 25
The partnership between SGEM and UK-based Advanced Electric Machines (AEM) to introduce Rare Earth Magnet-Free Traction Motors in India is progressing well, with ongoing efforts in technology transfer, customer trials and localization
STL through its 100% subsidiary STML, is going to start manufacturing HVDC Contactors and Relays via its partnership with China’s Kunshan GLVAC Yuantong New Energy Technology Co. Ltd. Production is expected to commence by second half of FY26
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9
FINANCIAL HIGHLIGHTS
Consolidated Profit & Loss Statement
Particulars
Total Income
Cost of Goods Sold
Gross Profit
Gross Profit Margin
Total Expenses
Adjusted EBITDA*
Adjusted EBITDA Margin
ESOP Expenses
EBITDA
EBITDA Margin
Depreciation and amortisation expenses
Finance costs
Profit before tax
Profit before tax Margin
Tax
Profit after tax
Profit after tax Margin
EPS
*Adjusted EBITDA excludes ESOP expenses
Q1FY26
Q1FY25
YoY (%)
Q4FY25
QoQ (%)
Rs. in Crore
195.0
80.8
114.2
58.6%
87.7
26.5
13.6%
1.6
24.9
12.8%
10.0
2.6
12.3
6.3%
3.3
9.0
4.6%
2.48
283.7
149.7
134.0
47.2%
97.0
37.0
13.1%
3.0
34.0
12.0%
7.7
2.4
23.9
8.4%
5.5
18.4
6.5%
5.11
-31.3%
-14.8%
-28.5%
-26.7%
-48.7%
-51.2%
205.7
90.3
115.4
56.1%
88.9
26.5
12.9%
2.0
24.5
11.9%
10.0
2.6
11.9
5.8%
3.1
8.8
4.3%
2.44
-5.2%
-1.1%
-0.1%
1.8%
3.2%
2.0%
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Standalone Profit & Loss Statement
Particulars
Total Income
Cost of Goods Sold
Gross Profit
Gross Profit Margin
Total Expenses
EBITDA
EBITDA Margin
Depreciation and amortisation expenses
Finance costs
Profit before tax
Profit before tax Margin
Tax
Profit after tax
Profit after tax Margin
EPS
Q1FY26
Q1FY25
YoY (%)
Q4FY25
QoQ (%)
Rs. in Crore
163.2
64.2
99.0
60.7%
74.5
24.5
162.9
63.0
100.0
61.4%
75.9
24.1
15.0%
14.8%
8.2
1.4
14.9
9.1%
3.8
11.0
6.8%
3.05
6.9
1.7
15.5
9.5%
4.0
11.4
7.0%
3.17
0.2%
-0.9%
1.8%
-3.9%
-3.2%
-1.2%
-0.4%
-1.8%
-0.3%
-1.9%
165.2
65.8
99.4
60.2%
74.5
24.9
15.1%
8.6
1.4
14.9
9.0%
3.6
11.3
6.8%
3.12
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HISTORICAL FINANCIALS
Consolidated Financial Highlights
Rs. in Crore
Total Income
Adjusted EBITDA*
1,038.0
938.5
774.9
512.6
358.5
18.1%
13.6%
13.0%
12.4%
12.8%
116.3
132.4
100.4
64.8
69.6
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
PBT before exceptional items
PAT
8.5%
6.8%
7.7%
59.9
30.3
34.8
7.7%
71.8
7.4%
76.6
6.6%
5.0%
6.2%
47.9
5.9%
55.4
5.6%
58.3
24.4
25.5
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
*Adjusted EBITDA excludes ESOP expenses
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Standalone Financial Highlights
Total Income
603.5
613.7
474.6
358.1
EBITDA
Rs. in Crore
651.6
18.9%
15.4%
15.3%
14.7%
14.5%
67.5
73.3
92.3
90.5
94.8
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
PBT before exceptional items
PAT
9.4%
8.4%
8.8%
8.4%
8.9%
6.8%
6.3%
6.9%
6.3%
6.6%
53.3
51.7
58.0
33.6
39.7
41.4
38.8
42.9
24.0
29.7
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
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Key Ratios
Debt / Equity (x)
Current Ratio (x)
Networth (Rs. Cr.)
Net Fixed Asset Turnover (x)
0.31
0.34
0.31
0.23
0.20
2.05
2.01
1.92
2.46
2.24
334.6
363.1
401.4
429.6
467.0
2.23
2.30
2.45
1.76
1.45
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
Debt / Equity (x)
Current Ratio (x)
Networth (Rs. Cr.)
Net Fixed Asset Turnover (x)
0.32
0.31
0.33
0.26
0.28
2.08
2.06
1.84
2.04
2.14
331.5
355.8
400.4
447.1
499.7
3.30
3.15
2.70
1.81
1.38
E N O L A D N A T S
D E T A D I L O S N O C
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
FY21
FY22
FY23
FY24
FY25
H1 FY25 on TTM basis
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ANNEXURE
STML Manufacturing Plant- Bengaluru
History & Milestones
1979-1981
▪ STL
Incorporation
▪ First Plant - DLF
(Faridabad)
1982 - 1999
Customer Acquisition
▪ Maruti Suzuki ▪ M&M ▪ HMSI ▪ Hero Moto Corp ▪ Suzuki Motorcycle ▪ Swaraj Tractors ▪ Tata Motors ▪ Ashok Leyland ▪ Volvo Eicher ▪ Daimler India ▪ Cummins ▪ SML Isuzu ▪ CNH ▪ Escorts ▪ Swaraj Engines
2020 - 2023
▪ Diversification
into EV Components – through 100% subsidiary Sterling Gtake E- Mobility Ltd. (SGEM)
▪ SGEM’s first full
year of operations with positive Net Profit
1999 - 2019
▪ Second Plant -
Wire drawing unit at Ballabhgarh (Faridabad)
▪ Third Plant -
Prithla (Palwal)
▪ Fourth Plant -
Kolar (Bengaluru)
▪ SGEM secured
business from 20 customers
2024
2025
▪ Pioneer in Magnet
free Motors in India, entered into a licensing agreement to produce REM-Free Motors
▪ State-of-the-Art HVDC Contactor Facility Under Commissioning in Bengaluru – An Early Entrant in HVDC space, in collaboration with GLVAC YT
▪ Initiated Onboard
Charges (OBC) and DC/DC business, secured first business nomination from a leading e-CV OEM
▪ STL expanding customer base by adding Hyundai Motors
▪ SGEMs MCU capacity enhanced to 6,00,000 units/pa
▪ Sterling tools through its wholly owned subsidiary Sterling Tech-Mobility Ltd (STML) partnered with GLVAC YT to manufacture advance high voltage DC contactors and relays in India for electric & hybrid electric vehicle industry
▪ Signed MoU with
MOTIVELINK Co., Ltd (Erstwhile Yongin Electronics Co. Ltd) to manufacture magnetic components for India’s electric & hybrid electric vehicle industry
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Product Portfolio
Quality & Reliability
Certified Products
Wide Range Applications
Competitive Pricing
Preferred supplier to OEM
L T S
) E N O L A D N A T S (
M E G S
AXLE BOLTS
ENGINE BOLTS
SPECIAL FASTENERS
BANJO BOLT
INDIAN STANDARDS
AMERICAN STANDARDS
S D R A D N A T S
STANDARD BOLTS
WHEEL BOLTS
SEALANT PARTS
BALL JOINT
GERMAN STANDARDS
JAPANESE STANDARDS
BRITISH STANDARDS
2W & 3W SEGMENT
LCV SEGMENT
M & HCV SEGMENT
Contactors and Relays
L M T S
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Key Clientele – STL (Standalone)
r e g n e s s a P
s e l c i h e V
l
a i c r e m m o C
s e l c i h e V
1
-
r e T
i
m r a F
t n e m p u q E
i
o w T
l
s r e e e h W
s t r o p x E
n o i t c u r t s n o C
Logos displayed are for representation purposes only and remain the property of their respective owners
Aftermarket: Strong Pan-India presence with 100+ Distributors
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Key Clientele – SGEM
Logos displayed are for representation purposes only and remain the property of their respective owners
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Pan India Presence
STL (STANDALONE)
4 Manufacturing Plants • Faridabad • Ballabhgarh • Palwal • Bengaluru 18 Warehouses at 14 Locations
SGEM
1 Manufacturing Plant • Faridabad
2 Tech Centres • Faridabad • Bengaluru
STML
1 Manufacturing Plant • Bengaluru
Note – Maps not to scale. All data, information, and maps are provided “as is” without warranty or any representation of accuracy, timeliness or completeness Note – Company’s presence in marked in Rose Diversification Through Innovation
22
Our Key Strengths
Growth through Partnerships
Leading player in the automotive fasteners business
First Mover Advantage in EV Components
Team Credibility
Sustainable growth and profitability
Leveraged strategic partnerships to tap growth opportunities and drive a higher share of business in the auto component space, across ICE and ACE
Strengthening leadership in the automotive fasteners business by deepening long-standing relationships with major OEMs
Capturing first-mover advantage in EV components by leading the MCU market across 2W, 3W, eSCV, eLCV, and MHCV
Pioneering REM-free motors through Technology Licensing Agreement with AEM
Leading early innovation in HVDC contactors and relays through STML
Building strong team credibility by combining four decades of market presence with a young, agile workforce and an experienced management team
Empowering strong in- house R&D and product development through a team of 98 engineers in SGEM
Driving sustainable growth and profitability by focusing on a healthy portfolio mix of premium, value-added products with robust margins
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Board Of Directors
Mr. Anil Aggarwal, Chairman & Whole Time Director
Mr. Atul Aggarwal, Managing Director
39+ years of experience, Expertise in Manufacturing, Project Mgmt, Administration, Product and Project development and Quality control for auto components
35+ years of experience, Expertise in Marketing, Banking, Finance, Corporate Affairs, Information Technologies and Export Resources Management
Mr. Akhill Aggarwal,Whole Time Director
Mr. Rakesh Batra, Director
Mr. Jaideep Wadhwa, Director
Mr. Shailendra Swarup, Director
14+ years of experience, Expertise in Automobile business and other allied services related to the sector
31+ years of experience, Expertise in Consulting and Strong knowledge in Regulatory Compliances. Ex- EY Partner and National Leader Auto Sector
31+ years of experience, Expertise in International Business Mgmt, Auto & Industrial Component Industry Knowledge, Ex- MD in the Ingersoll Rand
51+ years of experience, Expertise in Corporate Law including International Law CEO- Swarup & company
Ms. Rashmi Urdhwareshe, Director
Mr. Vijay Madhav Paradkar, Director
Mr. Sanjiv Garg, Director
Mr. Anish Agarwal, Director
41+ years of experience, Expertise in automotive domain. Ex - Director ARAI (Automotive Research Association of India)
36+ years of experience, Expertise in Institutional & Corporate Finance, Funds Mgmt, Investment Banking & M&A. Ex- VP & Head of M&A at Corporate Mahindra & Mahindra Limited
41+ years of experience, Expertise in Process Mgmt, Software Development, Greenfield Initiatives, and technological innovations. Founder of JindalX, Co- Founder of Wisdom Analytics Inc.
11+ years of experience, Expertise in Automobile business along with electric and hydrogen vehicles
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Annual Results
Financial Year
PDF Link
FY25
FY24
FY23
FY22
FY21
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25
STL Group :
Investor Relations Advisors :
For further information, please contact
Sterling Tools Limited
CIN: L29222DL1979PLC009668
CIN: U74140MH2010PTC204285
Mr. Pankaj Gupta (Group Chief Financial Officer) Ms. Komal Malik (Company secretary) pankaj.gupta@stlfasteners.com Komal.malik@stlfasteners.com
Mr. Karan Thakker Mr. Nitin Agarwal karan.thakker@sgapl.net / nitin.agarwal@sgapl.net
+91 (0) 129 – 227 0621/25
+91 81699 62562 / +91 83038 79589
www.stlfasteners.com
www.sgapl.net
Diversification Through Innovation