Sterling Tools Ltd
Sterling Tools Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #27 of 65 in Auto Components
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The short version
Revenue from domestic OEMs expected to begin in FY '27. Revenue from domestic OEMs is expected to start in FY '27, marking growth initiation in new segments.
From Sterling Tools Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Revenue from domestic OEMs expected to begin in FY '27.
- Growth in standalone fastener business remains stable, growing faster than industry despite a 5.1% industry decline in Q1 FY'26.
- SGEM actively working with 28 customer programs across 2-wheelers, 3-wheelers, LCVs, and HCVs, focusing on product diversification in electrification.
- Non-fastener businesses (SGEM/SEM and STML) targeted for INR 150-200 crores investment over next 3 years with revenue potential INR 500-1000 crores depending on market penetration and policies.
- New product lines (integrated motors, MCUs, DC contactors, rare earth-free motors) launch and contribute over 2-5 years.
- Capex plans for FY '26 include INR 50 crores for STML, INR 15-20 crores for fasteners, and INR 20-25 crores for Sterling E-Mobility.
2 more points from Sterling Tools Ltd's call on revenue
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Profitability & Margins
See what Sterling Tools Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Fastener business capex plan for FY '26: INR 15-20 crores.
- Total projected capex for Sterling Tools Limited (STML) this year: Approximately INR 50 crores, mostly to be spent in FY '26.
- Sterling GTAKE (now Sterling E-Mobility) capex for FY '26: INR 20-25 crores.
- For FY '27, capex plans are being finalized and will be communicated later.
- Capex for assembling rare earth magnet-free motors: INR 15-25 crores for assembly lines plus INR 15-20 crores for tooling (total INR 35-40 crores approx.).
- Investment forecast: INR 150-200 crores over next 3 years in non-fastener businesses including SGEM/SEM and STML.
2 more points from Sterling Tools Ltd's call on capex
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Top-ranked in Auto Components
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
- Sterling Tools Limited is actively working with partners to make technical proposals to meet customer requirements.
- The company expects revenue from domestic OEMs to start kicking in from FY '27.
- They are involved in mapping customer requirements for new products like magnet-free motors but have not secured manufacturing orders in India for them yet.
- Several programs with OEMs, especially in the electric vehicle and heavy commercial vehicle segments, are underway with anticipated revenue ramp-up in the near future.
2 more points from Sterling Tools Ltd's call on order book
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Sterling Tools Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹250 Cr, net profit ₹3 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Sterling Tools's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
- Q4 FY23 earnings call →
- Q3 FY23 earnings call →
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Potential multibaggers · Q2 FY27
Potential multibaggers in Auto Components
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Sterling Tools Ltd Q1 FY26 results?
Revenue from domestic OEMs expected to begin in FY '27. Revenue from domestic OEMs is expected to start in FY '27, marking growth initiation in new segments.
What is Sterling Tools Ltd share price analysis?
Sterling Tools Ltd currently shows a neutral. The stock trades at a P/E of 48.2 with a market cap of ₹929 Cr. Investors should review the full earnings analysis for detailed insights.
Is Sterling Tools Ltd planning capital expenditure?
Fastener business capex plan for FY '26: INR 15-20 crores.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.