# Sterling Tools share price today (Sterling Tools Ltd, NSE: STERTOOLS)

> Sterling Tools share price today: ₹199.34 at the NSE close on 3 November 2026, down 36.0% in a year. Sterling Tools (NSE: STERTOOLS) is worth ₹724 crore, trades at a P/E of 61.0 and has closed between ₹163.19 and ₹298.30 over the past 52 weeks. > Sterling Tools Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. STERTOOLS · Castings, Forgings & Fastners · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/sterling-tools-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹199.34 (−36.0% in a year)
- P/E: 61.0× (higher than 100% of the last 10 years)
- Revenue (Sep 2026): ₹250 Cr (+20.4% on a year ago)
- Profit (Sep 2026): ₹3.0 Cr (−82.7% on a year ago)
- Operating margin: 7.9% (−3.5 points on a year ago)
- ROCE: 7%, FY26
- ROIC: 2.3%, against a 12.0% cost of capital: −9.7 points

Biggest thing to watch: the P/E is higher than 100% of its own history, so the multiple has already done part of the work. ## What is the Sterling Tools share price today? Sterling Tools Ltd's share price was ₹199.34 at the close on 3 November 2026. It has been falling for 88 weeks. That is 17.2% 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 27% of the way up from that low. 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 +120% 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. ## What changed at Sterling Tools this quarter? 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. ## What are Sterling Tools' latest quarterly results? 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹250 crore | ₹208 crore | +20.4% |
| Profit | ₹2.97 crore | ₹17.2 crore | −82.7% |
| Earnings per share | ₹0.82 | ₹4.75 | −82.7% |
| Operating margin | 7.9% | 11.4% | −3.5 points |

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.)

## What is the Sterling Tools share price history? Sterling Tools closed at ₹199.34 on 3 November 2026, down 36.0% from ₹311.25 a year earlier (31 October 2025) and up 0.5% over five years. Its highest weekly close since March 2016 was ₹694.70 on 29 November 2024. ### Sterling Tools share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹201.65 | −1.1% |
| 1 month ago · 1 Oct 2026 | ₹224.85 | −11.3% |
| 6 months ago · 30 Apr 2026 | ₹242.84 | −17.9% |
| 1 year ago · 31 Oct 2025 | ₹311.25 | −36.0% |
| 3 years ago · 3 Nov 2023 | ₹340.10 | −41.4% |
| 5 years ago · 4 Nov 2021 | ₹198.35 | +0.5% |
| 10 years ago · 4 Nov 2016 | ₹182.50 | +9.2% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹90.78 | +119.6% |
| Highest weekly close since March 2016 · 29 Nov 2024 | ₹694.70 | −71.3% |
| Lowest weekly close since March 2016 · 3 Jun 2016 | ₹88.29 | +125.8% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹298.30 | −33.2% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹163.19 | +22.2% |

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 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Sterling Tools? 3 Nov 2026: Sterling Tools closed at ₹199.34, down 1.1% on the week and down 11.3% 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. ## What dividend does Sterling Tools pay? Sterling Tools paid ₹2.75 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.38% at the ₹199.34 close on 3 November 2026. The last was a dividend of ₹2.75 a share, ex-date 28 August 2026. ### Sterling Tools dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 28 Aug 2026 | ₹2.75 | Dividend |
| 18 Sep 2025 | ₹2.50 | Dividend |
| 6 Sep 2024 | ₹2 | Dividend |
| 11 Sep 2023 | ₹2 | Dividend |
| 14 Sep 2022 | ₹1 | Dividend |
| 13 Sep 2021 | ₹1 | Dividend |

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. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

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 4 November 2026.)

## What did Sterling Tools management say on the latest results call? 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](https://files.tijoristack.ai/concall/transcript/3391-28-Oct-2026.pdf). (From the call for July to September 2026, 28 October 2026.)

## What to watch in Sterling Tools' next results? 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. - What to check (from the call)
- Lagged OEM compensation for steel and exceptional inflation with retrospective effect printing in Q3 and Q4 P&L. - SEML customer validations closing in Q3 to enable Q4 supply ramp and H2 uplift over H1 base on confirmed programs. - STML serial volumes scaling from initial Q2 supplies with gross and operating margin profile clarifying on ramp. ## Which stock lists is Sterling Tools on? Sterling Tools is not on any of our India lists this week. ## Is Sterling Tools profitable? 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. 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. ## How much revenue does Sterling Tools make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Sterling Tools keep? 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. 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. ## Is Sterling Tools' profit turning into cash? 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. 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. ## Where does Sterling Tools' cash go? 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. 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. ## What is Sterling Tools' P/E ratio, and how does it compare with its own history? Sterling Tools Ltd's P/E is 61.0×, 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. 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. Why the multiple is where it is: over the past year earnings per share moved −49.9% while the price moved −36.0%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +0.1% a year; about −20.0% a year came from earnings growth and about +20.1 percentage points from the multiple (the market paying more); over 10 years the price moved +0.9% a year; about −8.9% a year came from earnings growth and about +9.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Sterling Tools business getting better or worse? Sterling Tools Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −75.3% in the latest quarter, against +40.2% at its best in 12 quarters, with ROCE falling at 9.8%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Sterling Tools earn on its capital? Sterling Tools Ltd earned a ROCE of 7% in FY26. Its return on capital used (ROIC) is 9.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 3.5% net margin and 1.01× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.5% net margin × 1.01× asset turnover × 1.55× leverage (assets divided by equity) ≈ 5.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 2.3% − 12.0% = −9.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 2.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 4.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Sterling Tools have too much debt? Sterling Tools Ltd has total debt of ₹147 Cr against shareholder equity of ₹526 Cr as of Jun 2026, so its debt is 0.28× its equity, which is very little. Year by year, that ratio went from 0.35 in FY22 to 0.28 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Sterling Tools shareholding pattern? Domestic institutions cut their stake in Sterling Tools Ltd by 4.7 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 0.0% of the company. Promoters moved −0.9 points over the same period, to 64.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −4.7 points over 8 quarters, to 0.0%; Promoters: −0.9 points over 8 quarters, to 64.9%; Foreign institutions: +0.0 points over 8 quarters, to 0.1%. Why the owners changed: domestic institutions drove it (−4.7 points), together with promoters (−0.9 points). They reduced their stake. ## How far is Sterling Tools from balance-sheet trouble? For Sterling Tools Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Sterling Tools rank in its industry? 25.4 out of 100, rank 18 of 20 in Castings, Forgings & Fastners, with 100% of the evidence available. Sterling Tools Ltd scores 25.4 out of 100 against the 20 companies it is compared with in Castings, Forgings & Fastners, ranking 18. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 5.6 + 5.8 + 11.3 + 2.7 = 25.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sterling Tools compared with? Sterling Tools ranks 18 of 20 Castings, Forgings & Fastners companies on the 4-Factor Sector Score, with 25.4 out of 100. 1. [Kennametal India Ltd](https://www.sectoralpha.in/stocks/kennametal-india-ltd) KENNAMET · leader · Sector-leading setup · 96% evidence 83.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.7/35 · Revenue 29.1% · Profit 91.2% · Operating margin change 12 points · 88% evidence Capital efficiency 21.5/25 · ROCE 33.2% · Operating margin 27% · 100% evidence Valuation 12.4/20 · P/E 41.4× · PEG 1.34 · 100% evidence Relative strength 18.9/20 · Lead over its industry 16% · Lead over NIFTY 500 34.5% · 1 year 76.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 30.7 + 21.5 + 12.4 + 18.9 = 83.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Uniparts India Ltd](https://www.sectoralpha.in/stocks/uniparts-india-ltd) UNIPARTS · losing its lead · Most evidence points up · 96% evidence 76.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.2/35 · Revenue 27.5% · Profit 85.6% · Operating margin change 5 points · 88% evidence Capital efficiency 19.1/25 · ROCE 21.6% · Operating margin 24% · 100% evidence Valuation 16.9/20 · P/E 17.3× · PEG 0.38 · 100% evidence Relative strength 11.3/20 · Lead over its industry 5.1% · Lead over NIFTY 500 22.5% · 1 year 40.7% · 100% evidence · 11 of 12 weeks ahead Exact sum: 29.2 + 19.1 + 16.9 + 11.3 = 76.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Sona BLW Precision Forgings Ltd](https://www.sectoralpha.in/stocks/sona-blw-precision-forgings-ltd) SONACOMS · leader · Most evidence points up · 100% evidence 65.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 42.1% · Profit 21.8% · Operating margin change -2 points · 100% evidence Capital efficiency 15.8/25 · ROCE 14.2% · Operating margin 23% · 100% evidence Valuation 6.5/20 · P/E 71.7× · PEG 3.52 · 100% evidence Relative strength 19.3/20 · Lead over its industry 29.5% · Lead over NIFTY 500 51.4% · 1 year 88.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.7 + 15.8 + 6.5 + 19.3 = 65.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Gala Precision Engineering Ltd](https://www.sectoralpha.in/stocks/gala-precision-engineering-ltd) GALAPREC · turning · Evidence leans up · 89% evidence 60.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 31.8% · Profit 37.2% · Operating margin change 1 points · 88% evidence Capital efficiency 13.5/25 · ROCE 15.6% · Operating margin 16.3% · 100% evidence Valuation 12.5/20 · P/E 35× · PEG 1.14 · 65% evidence Relative strength 11.8/20 · Lead over its industry 3.1% · Lead over NIFTY 500 21.3% · 1 year 35.6% · 100% evidence · 6 of 12 weeks ahead Exact sum: 22.3 + 13.5 + 12.5 + 11.8 = 60.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Steelcast Ltd](https://www.sectoralpha.in/stocks/steelcast-ltd) STEELCAS · leader · Evidence leans up · 96% evidence 59.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 9.2% · Profit 15.2% · Operating margin change 0 points · 88% evidence Capital efficiency 19.3/25 · ROCE 32.3% · Operating margin 26% · 100% evidence Valuation 8.0/20 · P/E 38.8× · PEG 1.7 · 100% evidence Relative strength 17.4/20 · Lead over its industry 12.9% · Lead over NIFTY 500 32.1% · 1 year 53.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 14.8 + 19.3 + 8 + 17.4 = 59.5 · What this means: Relative strength against the index is 32.1%, and revenue and profit growth are weak. 6. [Amic Forging Ltd](https://www.sectoralpha.in/stocks/amic-forging-ltd) leader · Too little evidence to rank firmly · 53% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.7/35 · Revenue n/a · Profit n/a · Operating margin change 5 points · 15% evidence Capital efficiency 17.1/25 · ROCE 25.2% · Operating margin 33% · 71% evidence Valuation 6.8/20 · P/E 77.5× · PEG n/a · 50% evidence Relative strength 17.4/20 · Lead over its industry 8.4% · Lead over NIFTY 500 27.2% · 1 year 34.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 17.7 + 17.1 + 6.8 + 17.4 = 59 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 7. [Balu Forge Industries Ltd](https://www.sectoralpha.in/stocks/balu-forge-industries-ltd) BALUFORGE · breaking out · Evidence leans up · 81% evidence 56.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 19.8% · Profit 18.1% · Operating margin change -3 points · 88% evidence Capital efficiency 18.3/25 · ROCE 22.7% · Operating margin 28% · 100% evidence Valuation 15.3/20 · P/E 20× · PEG 1.16 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -7.2% · 1 year -31.4% · 25% evidence · 11 of 12 weeks ahead Exact sum: 14.5 + 18.3 + 15.3 + 8 = 56.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 8. [Happy Forgings Ltd](https://www.sectoralpha.in/stocks/happy-forgings-ltd) HAPPYFORGE · leader · Evidence leans up · 96% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.8/35 · Revenue 15.5% · Profit 21.1% · Operating margin change 2 points · 88% evidence Capital efficiency 17.7/25 · ROCE 18% · Operating margin 31% · 100% evidence Valuation 2.8/20 · P/E 50.4× · PEG 3.72 · 100% evidence Relative strength 12.5/20 · Lead over its industry 7.7% · Lead over NIFTY 500 25.2% · 1 year 71.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.8 + 17.7 + 2.8 + 12.5 = 55.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 9. [Uni Abex Alloy Products Ltd](https://www.sectoralpha.in/stocks/uni-abex-alloy-products-ltd) quiet · Evidence leans up · 83% evidence 50.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 17.2% · Profit 100% · Operating margin change -7 points · 83% evidence Capital efficiency 15.6/25 · ROCE 18.8% · Operating margin 10.5% · 95% evidence Valuation 10.0/20 · P/E 18.2× · PEG n/a · 50% evidence Relative strength 8.6/20 · Lead over its industry 0.2% · Lead over NIFTY 500 17.5% · 1 year 30.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 16.3 + 15.6 + 10 + 8.6 = 50.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [CIE Automotive India Ltd](https://www.sectoralpha.in/stocks/cie-automotive-india-ltd) CIEINDIA · basing · Evidence leans down · 100% evidence 49.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Revenue 12.4% · Profit 15.3% · Operating margin change -1 points · 100% evidence Capital efficiency 13.9/25 · ROCE 14.7% · Operating margin 14% · 100% evidence Valuation 16.7/20 · P/E 14.4× · PEG 1.14 · 100% evidence Relative strength 2.4/20 · Lead over its industry -28.5% · Lead over NIFTY 500 -13.5% · 1 year -18.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.6 + 13.9 + 16.7 + 2.4 = 49.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Ramkrishna Forgings Ltd](https://www.sectoralpha.in/stocks/ramkrishna-forgings-ltd) RKFORGE · leader · Evidence leans down · 67% evidence 48.4 out of 100 Growth Capital Valuation Relative
12. [Nelcast Ltd](https://www.sectoralpha.in/stocks/nelcast-ltd) NELCAST · turning · Evidence leans down · 96% evidence 47.7 out of 100 Growth Capital Valuation Relative
13. [Alicon Castalloy Ltd](https://www.sectoralpha.in/stocks/alicon-castalloy-ltd) ALICON · breaking out · Evidence leans down · 81% evidence 43.6 out of 100 Growth Capital Valuation Relative
14. [M M Forgings Ltd](https://www.sectoralpha.in/stocks/m-m-forgings-ltd) MMFL · losing its lead · Evidence leans down · 96% evidence 41.7 out of 100 Growth Capital Valuation Relative
15. [Tirupati Forge Ltd](https://www.sectoralpha.in/stocks/tirupati-forge-ltd) TIRUPATIFL · turning · Evidence leans down · 96% evidence 40.6 out of 100 Growth Capital Valuation Relative
16. [Bharat Forge Ltd](https://www.sectoralpha.in/stocks/bharat-forge-ltd) BHARATFORG · quiet · Evidence leans down · 71% evidence 37.4 out of 100 Growth Capital Valuation Relative
17. [Sundaram Clayton Ltd](https://www.sectoralpha.in/stocks/sundaram-clayton-ltd) SUNCLAY · quiet · Most evidence points down · 71% evidence 30.1 out of 100 Growth Capital Valuation Relative
18. Sterling Tools Ltd this page STERTOOLS · quiet · Most evidence points down · 100% evidence 25.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.6/35 · Revenue 3.7% · Profit -75.3% · Operating margin change -3.5 points · 100% evidence Capital efficiency 5.8/25 · ROCE 7.2% · Operating margin 7.9% · 100% evidence Valuation 11.3/20 · P/E 60.6× · PEG 0.48 · 100% evidence Relative strength 2.7/20 · Lead over its industry -27% · Lead over NIFTY 500 -11.5% · 1 year -35.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 5.6 + 5.8 + 11.3 + 2.7 = 25.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 19. [Synergy Green Industries Ltd](https://www.sectoralpha.in/stocks/synergy-green-industries-ltd) SGIL · losing its lead · Most evidence points down · 76% evidence 24.4 out of 100 Growth Capital Valuation Relative
20. [Captain Technocast Ltd](https://www.sectoralpha.in/stocks/captain-technocast-ltd) quiet · Too little evidence to rank firmly · 42% evidence 55.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Castings, Forgings & Fastners](https://www.sectoralpha.in/sectors/castings-forgings-fastners), all 20 compared on one page. ## Which companies are close to Sterling Tools in size? Sterling Tools is the 19th largest of 20 Castings, Forgings & Fastners companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Gala Precision Engineering, Nelcast, Tirupati Forge, Synergy Green Industries and Uni Abex Alloy Products. Just below it: Captain Technocast. ### Castings, Forgings & Fastners companies close in size

1. [Gala Precision Engineering Ltd](https://www.sectoralpha.in/stocks/gala-precision-engineering-ltd) ₹1,331 crore
2. [Nelcast Ltd](https://www.sectoralpha.in/stocks/nelcast-ltd) ₹1,153 crore
3. [Tirupati Forge Ltd](https://www.sectoralpha.in/stocks/tirupati-forge-ltd) ₹896 crore
4. [Synergy Green Industries Ltd](https://www.sectoralpha.in/stocks/synergy-green-industries-ltd) ₹866 crore
5. [Uni Abex Alloy Products Ltd](https://www.sectoralpha.in/stocks/uni-abex-alloy-products-ltd) ₹841 crore
6. Sterling Tools Ltd ₹719 crore
7. [Captain Technocast Ltd](https://www.sectoralpha.in/stocks/captain-technocast-ltd) ₹534 crore

[All 20 Castings, Forgings & Fastners companies, largest first](https://www.sectoralpha.in/sectors/castings-forgings-fastners#all-companies)

### Companies close in size in other industries

1. [Kirloskar Electric Company Ltd](https://www.sectoralpha.in/stocks/kirloskar-electric-company-ltd) ₹724 crore · Capital Goods - Electric General
2. [Precot Ltd](https://www.sectoralpha.in/stocks/precot-ltd) ₹723 crore · Textiles - Technical Textile
3. Sterling Tools Ltd ₹719 crore
4. [Welspun Investments & Commercials Ltd](https://www.sectoralpha.in/stocks/welspun-investments-commercials-ltd) ₹718 crore · Finance - Investment/Others
5. [Gem Aromatics Ltd](https://www.sectoralpha.in/stocks/gem-aromatics-ltd) ₹716 crore · Chemicals - Organic

## What else do people ask about Sterling Tools? ### What were Sterling Tools's latest quarterly results? Sterling Tools Ltd reported revenue of ₹250 Cr and net profit of ₹3.0 Cr for the Sep 2026 quarter. Revenue rose 20.4% and profit fell 82.7% compared with a year earlier. Earnings per share were ₹0.82. The operating margin was 7.9%, 3.5 percentage points lower than a year earlier (as of 3 November 2026). ### What is Sterling Tools's market cap? Sterling Tools Ltd's market capitalisation is ₹724 Cr at a share price of ₹199.34. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Sterling Tools performing? Sterling Tools Ltd's share price has been falling for 88 weeks. In its latest quarter, revenue rose 20.4% and profit fell 82.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 11 weeks running (as of 3 November 2026). ### Will Sterling Tools's share price go up? This page does not forecast Sterling Tools Ltd's share price. What it shows instead: the share price is ₹199.34, and it has been falling for 88 weeks. Its P/E of 61.0× is higher than 100% of its own last 10 years (as of 3 November 2026). ### Who owns Sterling Tools? Promoters own 64.9% of Sterling Tools Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 35.0% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 4.7 percentage points over 8 quarters (as of 3 November 2026). ### Where is Sterling Tools in its business cycle? Sterling Tools Ltd's FY26 operating margin was 9.0%, against a 11-year range of 9.0% to 20.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 7.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Sterling Tools story? Biggest thing to watch: the P/E is higher than 100% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Sterling Tools a stock worth studying right now? What the numbers show: Sterling Tools Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Sterling Tools share price forecast for 2026? What management itself guided: FY27 consolidated capital spending ₹150 crore including fastener ₹110 crore to ₹120 crore plus SEML ₹20 crore and STML ₹10 crore. This is research, not advice. We’re not SEBI-registered.