Integrated Filing — IndAS

General information about company
Scrip Code	530759
NSE Symbol	STERTOOLS
MSEI Symbol	NOTLISTED
ISIN	INE334A01023
Name of company	STERLING TOOLS LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	13-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	FASTENERS
Start date and time of board meeting	13-May-2025   12:35:00
End date and time of board meeting	13-May-2025   14:20:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-05-13
Indicate Company website link for updated RPT policy of the Company	https://stlfasteners.com/investors/corporate-policies
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
During the period, there were no default in payment of securities.

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1633606000	6447834000
	Other income	18794000	68314000
	Total income	1652400000	6516148000
2	Expenses
(a)	Cost of materials consumed	659537000	2539254000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-1067000	49690000
(d)	Employee benefit expense	151339000	594923000
(e)	Finance costs	14383000	58519000
(f)	Depreciation, depletion and amortisation expense	85987000	309021000
(f)	Other Expenses
1	Other Expenses	593254000	2384446000
	Total other expenses	593254000	2384446000
	Total expenses	1503433000	5935853000
3	Total profit before exceptional items and tax	148967000	580295000
4	Exceptional items	0	0
5	Total profit before tax	148967000	580295000
6	Tax expense
7	Current tax	41751000	148907000
8	Deferred tax	-5401000	2691000
9	Total tax expenses	36350000	151598000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	112617000	428697000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	112617000	428697000
17	Other comprehensive income net of taxes	-36287000	-95175000
18	Total Comprehensive Income for the period	76330000	333522000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	72369000	72369000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.12	11.89
	Diluted earnings (loss) per share from continuing operations	3.1	11.81
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.12	11.89
	Diluted earnings (loss) per share from continuing and discontinued operations	3.1	11.81
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		The standalone annual financial results of Sterling Tools Limited (the 'Company') for the year ended 31 March 2025 which have been nextracted from the audited standalone financial statements and have been reviewed by the Audit Committee and approved by the Board of nDirectors at their respective meetings held on 13 May 2025. The statutory auditors of the Company have expressed an unmodified audit nopinion on these standalone annual financial results.The above results have been prepared in accordance with the recognition and measurement principles of applicable Indian AccountingStandards ('Ind AS') as notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended) specified under section 133 of the Companies Act, 2013, other accounting principles generally accepted in India and in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015 (as amended).Figures for the quarters ended 31 March 2025 and 31 March 2024 represents the balancing figures between the audited figures in respect of nthe full financial year and published year to date reviewed figures upto the third quarter of the years ended 31 March 2025 and 31 March n2024 respectively The Company is primarily in the business of manufacturing of fasteners (i.e. automotive components) which falls within a single business segment in terms of the Indian Accounting Standard 108 - Operating Segments and hence no additional disclosures have been furnished nThe Board of Directors have considered and recommended a final dividend of INR 2.5 per share (face value of INR 2 per share) [previous year- INR n2 per share (face value of INR 2 per share)] for the financial year 2024-25 which is subject to approval of the members at the ensuing Annual nGeneral Meeting.Exceptional items during the year ended 31 March 2024 includes insurance claim of Rs 60.10 lakh on account of a fire incident in an earlier year at one of the Company's manufacturing facility and interest liability of Rs 20.39 lakh recognised by the Company on proposed nforeclosure of authorisation license under Export Promotion Capital Goods (‘EPCG’) scheme. The Hon’ble National Company Law Tribunal, New Delhi Bench, vide order dated 27 March 2025 (“Order”), has approved the Scheme of Amalgamation of Haryana Ispat Private Limited (‘Wholly Owned Subsidiary”) with Sterling Tools Limited (“Company”) with effect from 01 April 2024 (“Appointed Date”) and the Order was filed by the Company with the Registrar of Companies, NCT of Delhi and Haryana on 23 April 2025.The Company has given effect to the scheme in the standalone financial results. Further, as per the requirements of Appendix C to Ind AS103 “Business Combination”, the comparative periods have been restated as if the common control business combination had occurred from beginning of the preceding period presented i.e. 01 April 2023, irrespective of the actual date of the combination. The impact of the aforesaid merger is not material to the standalone financial results.Pursuant to the ESOP Plan 2023 of Sterling Tools Limited, 1,60,107 options have been granted to an employee of a subsidiary companywhich were vested on 31st January 2025 and were subsequently exercised by employee. Based on the Exercise Letter, Nomination andRemuneration Committee recommendation, and Board approval of Sterling Tools Limited, the equity shares have been allotted in his favorPrevious period/year figures have been regrouped/reclassified, where necessary, to conform to the current period's classification. Theimpact of such reclassification/regrouping is not material to the standalone annual financial results.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2595529000
	Capital work-in-progress	37592000
	Investment property	0
	Goodwill	0
	Other intangible assets	3801000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	557361000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	53974000
	Total non-current financial assets	611335000
	Deferred tax assets (net)	9465000
	Other non-current assets	28515000
	Total non-current assets	3286237000
2	Current assets
	Inventories	1188353000
	Current financial asset
	Current investments	150228000
	Trade receivables, current	577217000
	Cash and cash equivalents	65203000
	Bank balance other than cash and cash equivalents	852970000
	Loans, current	415000
	Other current financial assets	13508000
	Total current financial assets	1659541000
	Current tax assets (net)	0
	Other current assets	223715000
	Total current assets	3071609000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	6357846000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	72369000
	Other equity	4597787000
	Total equity attributable to owners of parent	4670156000
	Non controlling interest
	Total equity	4670156000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	222089000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	7933000
	Total non-current financial liabilities	230022000
	Provisions, non-current	8965000
	Deferred tax liabilities (net)	129504000
	Deferred government grants, Non-current	0
	Other non-current liabilities	71834000
	Total non-current liabilities	440325000
	Current liabilities
	Current financial liabilities
	Borrowings, current	725939000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	112676000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	213483000
	Total Trade payable	326159000
	Other current financial liabilities	49824000
	Total current financial liabilities	1101922000
	Other current liabilities	123282000
	Provisions, current	22161000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	1247365000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	1687690000
	Total equity and liabilites	6357846000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to Profit or Loss	-41904000	-118302000
	Total Amount of items that will not be reclassified to profit and loss	-41904000	-118302000
2	Income tax relating to items that will not be reclassified to profit or loss	-5617000	-23127000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-36287000	-95175000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			580295000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			58519000
	Adjustments for decrease (increase) in inventories			98681000
	Adjustments for decrease (increase) in trade receivables, current			50908000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			64706000
	Adjustments for decrease (increase) in other non-current assets			-5083000
	Adjustments for other financial assets, non-current			-1000000
	Adjustments for other financial assets, current			3674000
	Adjustments for other bank balances			293000
	Adjustments for increase (decrease) in trade payables, current			-9532000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-44095000
	Adjustments for increase (decrease) in other non-current liabilities			-1909000
	Adjustments for depreciation and amortisation expense			309021000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			2436000
	Adjustments for provisions, non-current			-3913000
	Adjustments for other financial liabilities, current			9282000
	Adjustments for other financial liabilities, non-current			50000
	Adjustments for unrealised foreign exchange losses gains			-110000
	Adjustments for dividend income			0
	Adjustments for interest income			57605000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-228000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			3853000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			477948000
	Net cash flows from (used in) operations			1058243000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			154664000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			903579000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			140844000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			19455000
	Purchase of property, plant and equipment			354569000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			55331000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-280387000
	Net cash flows from (used in) investing activities	-701014000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			321000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			160420000
	Repayments of borrowings			205966000
	Payments of lease liabilities			3742000
	Dividends paid			71879000
	Interest paid			93398000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-214244000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-11679000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-11679000
	Cash and cash equivalents cash flow statement at beginning of period			76882000
	Cash and cash equivalents cash flow statement at end of period			65203000