Results - Announcements
Sterling Tools Ltd share price declined by 2.84% to Rs 210.05 after the company's net profit plunged by 49.32% to Rs 2.97 crore, while revenue from operations increased 16.95% to Rs 250.35 crore in Q3FY26 over Q2FY26.
The market capitalization of Auto Components & Equipments industry group stocks on BSE stood at Rs 11.9 lakh crore, gaining 5.04%. It has inched up 1.10% over last one week and moved up slightly by 1.05% in last one month while the market capitalization of Sterling Tools Ltd has marginally improved by 0.99% and 15.22% in the same period respectively.
Profit before tax (PBT) of Sterling Tools Ltd stood at Rs 8.69 crore in Q3 FY26, tumbling by 63.67% year-on-year, and nosediving by 32.43% quarter-on-quarter. EBITDA came in at Rs 17 crore, crashing by 15.27% YoY and retreating 13.21% sequentially.
Total expenses advancing by 19.55% to Rs 240.8 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 111.78 crore, jumping 22.16% YoY, while employee benefits expense was at Rs 26.96 crore, easing 5.52% YoY.
For the TTM ended FY26, revenue from operations dropped by 19.34% to Rs 827.81 crore, while net profit witnessed a sharp fall of 49.68% to Rs 29.33 crore, compared to previous TTM. EBITDA surged by 10199% to Rs 64.46 crore, and PBT tumbled by 37.83% to Rs 47.65 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 55.95 crore in FY26, as against Rs 123.53 crore in FY25.
Sterling Tools Ltd nosedived by 33.23% in last one year, underperforming the benchmark BSE Sensex which has declined by 13.19% during the same period.