Sterling Tools Ltd
Sterling Tools Ltd (STERTOOLS)

Sterling Tools Ltd (STERTOOLS)

₹219.150.3%

Key Stats

₹216
Day's Price Range
₹224.6
₹115
52-Week Price Range
₹322.75
1 Month Return0.66 %
3 Month Return-15.85 %
1 Year Return9.46 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 163
24.71
EPS
Rank 154
₹8.87
BVPS
Rank 142
₹98.76
Dividend Yield
Rank 124
0.51%
ROE
Rank 296
8.52%
Price To Book Ratio
Rank 129
2.22
Debt To Asset
Rank 210
0.35

Company Information

Sterling Tools STL originally incorporated as a private limited company has became a public limited company in Oct. 94. engages in manufacturing hightensile HT fasteners mainly for automobiles. The plant of the company is situated at Faridabad. STL which has started its commercial production in 1981 has increased its installed capacity in stages over the years to level of 7500 MTPA as on 200001. It has completed an expansion project in the year 199596 by which the installed capacity for manufacturing HT Fasteners increased from 4000 tpa to 6600 tpa at a cost of Rs.10 crore mainly funded through its maiden public issue in Apr 1995. Further in 199697 and 200001 the capacity has expanded by 400 tpa and 500 tpa respectively.The company supplies to diverse segments in the auto sector like two and fourwheeler passenger transport goods transport tractors and farm equipment. Over the years its clientele has expanded to include most of the major automobile OEMs. Its client list includes Eicher Escorts Bajaj Auto Maruti Udyog Hero Honda and Telco.STL has created a niche for itself as a supplier to the leaders in the various segments of the automobile industry. The company is the largest supplier of HT fasteners to Hero Honda and the secondlargest supplier to Maruti Bajaj Auto and TELCO. STL known in the industry for its indigenous development of requisite technical skill for 14 years has wide product range which includes over 2000 types of fasteners ranging from 5 mm to 24 mm in diameter. The company obtained ISO 9002 certification during 1998 and QS 9002 during 19992000. It is in the process of installing spherodising and annealing facility for raw materials viz. steel wire rods / wires. STL is also trying to penetrate the export markets in UK Germany France Belgium and Italy.
OrganisationSterling Tools Ltd
HeadquartersNew Delhi
IndustryCastings, Forgings & Fastners