Sterling Tools share price today

Sterling Tools Ltd's share price was ₹204.01 at the close on 4 November 2026. It has been falling for 88 weeks. That is 15.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹163 and ₹298, and at that close it sat 30% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Sterling Tools Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 11 weeks running.

Over the last 11 years the share price moved +125% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

5 points on a year earlier.

1. Profit down on a year earlier for 7 quarters in a row

   In the September 2026 quarter profit was ₹3 crore, -82.7% on a year earlier.

   Why: Profit fell because costs for materials and other inputs jumped, while price increases from car makers came late.

   Next results: check whether car makers' delayed payments for steel and extra costs show up in profit.

   From the earnings call on 28 Oct 2026.

2. Operating margin down 3.5 points on a year earlier

   7.9% in the September 2026 quarter, from 11.4%.

   Why: Margins fell because the company ran out of cheaper old inventory and price increases from customers came late, so costs rose faster than prices.

   Next results: check whether delayed payments from car makers for steel and extra costs arrive and help margins.

   From the earnings call on 28 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Sterling Tools reported revenue of ₹250 crore, up 20.4% from ₹208 crore a year earlier, and a profit of ₹2.97 crore, down 82.7% from ₹17.2 crore.

Sterling Tools results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Sterling Tools' management discussed these results on a call held on 28 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Sterling Tools closed at ₹204.01 on 4 November 2026, down 28.8% from ₹286.35 a year earlier (7 November 2025) and up 2.9% over five years. Its highest weekly close since March 2016 was ₹694.70 on 29 November 2024.

Sterling Tools share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Sterling Tools closed at ₹204.01, up 2.3% on the week and down 9.3% on the month. 28 Oct 2026: Sterling Tools held its results call for July to September 2026. Management guided: FY27 consolidated capital spending ₹150 crore including fastener ₹110 crore to ₹120 crore plus SEML ₹20 crore and STML ₹10 crore.

Earlier

• Results for July to September 2026: Revenue up 20.4% and profit down 82.7% on a year earlier.
• 28 Aug 2026: ex-date for a dividend of ₹2.75 a share.

Sterling Tools paid ₹2.75 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.35% at the ₹204.01 close on 4 November 2026. The last was a dividend of ₹2.75 a share, ex-date 28 August 2026.

Sterling Tools dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Sterling Tools Ltd paid out 34% of its profit as dividends in FY26, and it paid a dividend in each of its last 11 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 28 October 2026, Sterling Tools' management guided: FY27 consolidated capital spending ₹150 crore including fastener ₹110 crore to ₹120 crore plus SEML ₹20 crore and STML ₹10 crore.

“Once we reach revenue of 150 crores or more, we will probably reach the break-even point by that time.”Atul Aggarwal, on the call for July to September 2026

What management guided

• Fastener capacity to support around ₹150 crore incremental revenue value with 6 to 18 month equipment lag.
• FY27 standalone revenue growth above 15% over prior year, surpassing last year definitely.
• Q4 fastener operating margin hope at 15% on quarterly basis improving from pressured year.
• SEML annual revenue above ₹150 crore for breakeven with outperformance expected in FY28.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 28 October 2026.

When Sterling Tools reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Lagged OEM compensation for steel and exceptional inflation with retrospective effect printing in Q3 and Q4 P&L.

Sterling Tools is not on any of our India lists this week.

Sterling Tools Ltd earned ₹3.0 Cr of net profit in the Sep 2026 quarter, −82.7% on the same quarter a year earlier. Full-year FY26 profit was ₹29.0 Cr. Over 10 years profit has grown 0.4% a year on average. That is 1.2% of the quarter's revenue. The same quarter a year earlier earned ₹17.2 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹29.0 Cr (−50.0% on the year before).

Why profit moved: revenue changed +20.4% on a year earlier and the margin moved −3.5 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −72.0% and revenue +5.4%. Profit is growing slower than sales: rising costs are taking part of the growth.

Sterling Tools Ltd reported ₹250 Cr of revenue in the Sep 2026 quarter, +20.4% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 8.3% a year on average. The last full year, FY26, came in at ₹828 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹892 Cr.

FY26 revenue was ₹828 Cr, −19.3% on the year before.

Recent pace: the last four quarters grew +5.4% on average, against 8.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +3.7%, against −8.5% a year over the last 8 quarters (accelerating); profit over the last 12 months grew −75.3%, against −57.3% a year (rolling over).

Sterling Tools Ltd's operating margin was 7.9% in the Sep 2026 quarter, 3.5 percentage points lower than the same quarter a year ago. Across 11 years it has been between 9.0% and 20.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.5 percentage points on the year while gross margin changed −3.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 199% of Sterling Tools Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹56.0 Cr of operating cash against ₹29.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹57.0 Cr of spending on assets, free cash was −₹1.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 199% of profit came in as cash: the cash cycle got 145 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 1.6× depreciation over three years. The next section checks what that spending is building.

Sterling Tools Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 136 days in FY26, down from 281 days in FY21. It spent ₹171 Cr on assets over the last 3 years. Customers take 44 days to pay, and stock sits for 172 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹828 Cr, each day of that cycle ties up about ₹2.3 Cr, so roughly ₹309 Cr is tied up in the business at any time.

FY26: customers took 44 days to pay and stock sat for 172 days, about 5.7 months of sales sitting as stock, for a full cycle of 136 days, shorter than FY21's 281.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 172 days. Customers pay about 44 days after that. Suppliers are paid at 80 days. Together that makes the 136-day cycle.

Spending on assets: ₹171 Cr over the last 3 years, against ₹108 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹32.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Sterling Tools Ltd's P/E is 62.4×, about the highest it has ever been. Its usual P/E (the middle reading) is 26.4×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹3.30.