Sterling Tools Limited

Manufacturer of high tensile fasteners for automotive and non-automotive industries with large production capacity.

1979 | Delhi (India) | Active
Last Updated:

Sterling Tools Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.20 Cr
  • Company Age 45 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 324.62 Cr
  • Satisfied Charges ₹ 2,142.40 Cr
  • Revenue Growth 32.53%
  • Profit Growth 21.75%
  • Ebitda 12.18%
  • Net Worth 8.51%
  • Total Assets 5.84%

About Sterling Tools

Sterling Tools Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 07 June 1979 and has a history of 45 years and nine months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530759 and on the National Stock Exchange(NSE) under STERTOOLS.

The Corporate was formerly known as Sterling Tools Pvt Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.20 Cr.

The company currently has active open charges totaling ₹324.62 Cr. The company has closed loans amounting to ₹2,142.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sterling Tools Limited India are Pankaj Gupta as CFO and Abhishek Chawla as Company Secretary. Anil Aggarwal, Atul Aggarwal, Vijay Paradkar, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29222DL1979PLC009668

  • Company No.

    009668

  • Stock Symbol

    BSE : 530759 NSE : STERTOOLS

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    07 Jun 1979

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Automotive
Machinery and Equipment

What products or services does Sterling Tools Limited offer?

Sterling Tools Limited offers a wide range of products and services, including Alloy, Metal and Industrial Nuts, Automotive Nuts, Nails, Fasteners, Rivets & Shackles, Studs, Automotive Spare Parts, Automobile Fasteners, Fasteners, Standard Fastener, Alloy, Metal and High Strength Bolts, Automotive Bolts.

Who are the key members and board of directors at Sterling Tools?

Executive Team (3)

NameDesignationAppointment DateStatus
Atul Aggarwal Country flag representing In Managing Director30-Sep-1994Current
Pankaj Gupta Country flag representing In CFO12-Jun-2021Current
Abhishek Chawla Country flag representing In Company Secretary06-Jul-2023Current

Board Members (9)

NameDesignationAppointment DateStatus
Rashmi Urdhwareshe Country flag representing In Director 01-Feb-2024Current
Rakesh Batra Country flag representing Au Director 10-Nov-2020Current
Anish Agarwal Country flag representing In Director 01-Feb-2024Current
Anil Aggarwal Country flag representing In Whole-Time Director 30-Sep-1994Current
Vijay Paradkar Country flag representing In Director 25-Mar-2024Current
Shailendra Swarup Country flag representing In Director 17-Dec-2019Current

Financial Performance of Sterling Tools.

Sterling Tools Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.53% increase. The company also saw a substantial improvement in profitability, with a 21.75% increase in profit. The company's net worth moved up by a moderate rise of 8.51%.

Sterling Tools revenue growth over time
Sterling Tools profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
32.53%
Revenue from Operations
33.52%
Total Assets
5.84%
Profit or Loss
21.75%
Net Worth
8.51%
EBITDA
12.18%

What is the Ownership and Shareholding Structure of Sterling Tools?

In 2021, Sterling Tools had a promoter holding of 65.77% and a public holding of 34.24%. The company had 2 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹324.62 Cr

Satisfied Charges

₹2,142.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 135.25 Cr
  • State Bank Of India : 110.22 Cr
  • Others : 59.15 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
19 Nov 2024Hdfc Bank Limited₹10.50 CrOpen
05 Sep 2024The Hongkong And Shanghai Banking Corporation Limited₹20.00 CrOpen
03 Nov 2023State Bank Of India₹53.83 CrOpen
15 Mar 2023Hdfc Bank Limited₹13.50 CrOpen
01 Jul 2021Hdfc Bank Limited₹30.00 CrOpen

How Many Employees Work at Sterling Tools?

Sterling Tools has a workforce of 619 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sterling Tools Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sterling Tools, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sterling Tools's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sterling Tools

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 10.50 Cr with Charge ID 101010670 was registered on 19 Nov 2024.

  • Annual General Meeting

    Sterling Tools Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 20.00 Cr with Charge ID 100975425 was registered on 05 Sep 2024.

  • Charges

    A charge registered on 01 Sep 2021 via Charge ID 100477329 with Others was fully satisfied on 24 Jul 2024.

  • Director Appointment

    Sanjiv Garg was appointed as a Director was appointed as a Director on 10 May 2024 & has been associated with this company since 10 months 1 day .

  • Balance Sheet

    Sterling Tools Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Sterling Tools Limited?

    Sterling Tools Limited was incorporated on 07 Jun 1979.

  • What is authorized share capital and paid-up capital of Sterling Tools Limited?

    The authorized share capital of Sterling Tools Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.20 Cr.

  • Who are the current board members & directors of Sterling Tools Limited?

    Currently 12 directors are associated with Sterling Tools Limited.

    • Anil Aggarwal
    • Atul Aggarwal
    • Vijay Madhav Paradkar
    • Shailendra Swarup
    • Jaideep Wadhwa
    • Sanjiv Garg
    • Akhill Aggarwal
    • Rakesh Batra
    • Anish Agarwal
    • Rashmi Hemant Urdhwareshe
    • Pankaj Gupta
    • Abhishek Chawla

  • What is the registered address of Sterling Tools Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sterling Tools Limited is Dj-1210 12Th Floor Dlf Tower -B, Jasola District Centre India, New Delhi, 110025.

  • What is the corporate identification number (CIN) and company number of Sterling Tools Limited?

    The corporate identification number (CIN) of Sterling Tools Limited is L29222DL1979PLC009668 and the company number is 009668 as per Ministry of Corporate Affairs (MCA).

  • Is Sterling Tools Limited registered with any stock exchange in India?

    Yes, Sterling Tools Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): STERTOOLS.

  • What is the official website of Sterling Tools Limited?

    The Official website of Sterling Tools Limited is https://www.stlfasteners.com

  • What has been the recent revenue trend for Sterling Tools Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sterling Tools Limited has risen by 32.53%.

  • How many employees does Sterling Tools Limited currently have?

    As Per 2022 financial reports, 619 employees are currently employed by Sterling Tools Limited.

  • What change has been observed in the net worth of Sterling Tools Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sterling Tools Limited has experienced an upsurge of 8.51%.

  • What are the total open charges for Sterling Tools Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Sterling Tools Limited amount to ₹ 324.62 Cr.

  • When was the last Balance Sheet of Sterling Tools Limited filed with the ROC?

    The most recent Balance Sheet for Sterling Tools Limited was filed with the ROC on 31 Mar 2024.

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