Sterling Tools Limited — Investor Meet, 22-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Sterling Tools' standalone fastener business had a strong FY26: Income rose 11.4% to INR725.9 Cr, EBITDA climbed 17.1% to INR111 Cr (15.3% margin), and PBT (pre-exceptional) increased 27.6% to INR74 Cr. The company secured INR64 Cr in new business acquisitions and plans INR75 Cr capex for FY27. EV adoption is progressing slower than earlier industry expectations, shifting timelines by 3-5 years. A Q4 subsidiary loss of INR21 Cr resulted from a bad debt provision. Despite short-term EV headwinds and potential Q1 FY27 margin pressure in fasteners, management is confident in long-term growth through strategic investments in EV powertrain solutions, ARAS, and HVDC contactors, targeting SEM profitability by FY28.