Sterling Tools Limited (STL) (BSE: 530759 | NSE: STERTOOLS), one of India’s leading manufacturers of automotive fasteners and a key player in electric vehicle (EV) components through its wholly owned subsidiary, Sterling Gtake E-Mobility Limited (SGEM), has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025. The company reported a strong consolidated financial performance in FY25, with total income rising to ₹1,038.0 crore, marking a 10.6% increase over ₹938.5 crore in FY24.
Adjusted EBITDA (excluding ESOP expenses) grew by 13.8% year-on-year, reaching ₹132.4 crore compared to ₹116.3 crore in the previous fiscal. This resulted in an improved adjusted EBITDA margin of 12.8%, up from 12.4% in FY24. Profit After Tax (PAT) for the consolidated entity rose by 5.3% year-on-year, amounting to ₹58.3 crore, up from ₹55.4 crore in FY24.
The PAT margin was recorded at 5.6%, reflecting a steady improvement in bottom-line performance, driven by operational efficiencies and sustained revenue growth. On a standalone basis, the company’s total income increased by 6.2% year-on-year to ₹651.6 crore, compared to ₹613.7 crore in FY24. EBITDA rose to ₹94.8 crore, reflecting a 4.8% growth over the previous year’s ₹90.5 crore, with the EBITDA margin holding firm at 14.5%. PAT improved by 10.5% year-on-year to ₹42.9 crore, up from ₹38.8 crore, while the PAT margin edged up to 6.6%, compared to 6.3% in FY24.
Atul Aggarwal, Managing Director, Sterling Tools Limited, stated: “FY25 marked a key milestone as Sterling Tools surpassed ₹1,000 crore in consolidated total income, registering 10.6% year-on-year growth. This performance was supported by robust expansion in SGEM and steady growth in our core standalone business. Consolidated adjusted EBITDA increased by 13.8%, with margin expansion reflecting operational efficiency.” Mr Aggarwal further added, “While the full-year performance was strong, revenue in Q4 was impacted by a decline in SGEM sales following a customer’s transition to in-house production. In response, we are accelerating product and customer diversification. SGEM has signed a Technology Licensing Agreement to manufacture rare earth/permanent magnet-free motors, positioning itself as a first mover in this emerging category. The initiative will mitigate reliance on the China-dominated magnet supply chain and support India’s vision for industrial self-reliance.”
Additionally, Sterling Tools Mobility Limited (STML) will commence production of HVDC contactors and relays in Q2 FY26, in collaboration with Kunshan GLVAC Yuantong New Energy Technology Co. Ltd. Discussions are also underway with MotiveLink Co. Ltd. for the formation of a joint venture focused on manufacturing magnetic components in India.
Established in 1979, Sterling Tools Limited (STL) is a leading manufacturer of high-tensile cold-forged fasteners for the automotive and industrial sectors. The company serves OEMs across passenger vehicles, two-wheelers, commercial vehicles, agricultural equipment, and construction machinery. Through its subsidiary SGEM, STL has expanded into the electric mobility space, offering cutting-edge EV components tailored for both legacy and emerging OEMs.
