Sterling Tools Limited — Investor Meet, 14-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sterling Tools Q1FY26 consolidated revenue declined 31% YoY to ₹195 Cr due to a key customer's product in-sourcing, though the standalone fasteners business remained stable. Management is optimistic, driving growth through new EV product lines. SGEM is diversifying into integrated motors, magnet-free motors, and DC/DC converters, securing its first DC/DC nomination. STML's new high-voltage DC contactor facility aims for November 2025 production. Total non-fastener capex is projected at ₹150-200 Cr over three years, targeting ₹500-1000 Cr revenue. The company highlights first-mover advantage, strong customer access, and strategic backward integration. Management expresses a confident outlook.