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	Consolidated
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

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	Consolidated	Consolidated
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	1997615000	10262995000
	Other income	59333000	116540000
	Total income	2056948000	10379535000
2	Expenses
(a)	Cost of materials consumed	965892000	5149592000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-63357000	-30533000
(d)	Employee benefit expense	224140000	917924000
(e)	Finance costs	25561000	97699000
(f)	Depreciation, depletion and amortisation expense	100144000	348179000
(f)	Other Expenses
1	Other Expenses	685655000	3130322000
	Total other expenses	685655000	3130322000
	Total expenses	1938035000	9613183000
3	Total profit before exceptional items and tax	118913000	766352000
4	Exceptional items	0	0
5	Total profit before tax	118913000	766352000
6	Tax expense
7	Current tax	38903000	195629000
8	Deferred tax	-8107000	-12208000
9	Total tax expenses	30796000	183421000
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	88117000	582931000
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	88117000	582931000
17	Other comprehensive income net of taxes	-36269000	-95273000
18	Total Comprehensive Income for the period	51848000	487658000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	88117000	582931000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	-36269000	-95273000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	51848000	487658000
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	2.44	16.17
	Diluted earnings (loss) per share from continuing operations	2.42	16.05
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	2.44	16.17
	Diluted earnings (loss) per share from continuing and discontinued operations	2.42	16.05
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		The consolidated annual financial results of Sterling Tools Limited ('the Company') and its subsidiaries (collectively 'the Group') for the year ended 31 March 2025 have been extracted from the audited consolidated financial statements and have been reviewed by the AuditCommittee and approved by the Board of Directors at their respective meetings held on 13 May 2025. The statutory auditors of the Group have expressed an unmodified audit opinion on these consolidated annual financial results. nThe above results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting nStandards ('Ind AS') as notified under the Companies (Indian Accounting Standards) Rules, 2015 (as amended) specified under section n133 of the Companies Act, 2013, other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI(Listing Obligations and Disclosure Requirements) Regulation, 2015 (as amended). nFigures for the quarters ended 31 March 2025 and 31 March 2024 represents the balancing figures between the audited figures in respectof the full financial year and published year to date reviewed figures upto the third quarter of the years ended 31 March 2025 and 31 March2024 respectively. nThe Group is primarily in the business of manufacturing of 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 of the Company have considered and recommended a final dividend of INR 2.5 per share (face value of INR 2 per nshare) [previous year- INR 2 per share (face value of INR 2 per share)] for the financial year 2024-25 which is subject to approval of the nmembers at the ensuing Annual General Meeting nExceptional items during the year ended 31 March 2024 includes insurance claim of Rs 60.10 lakh on account of a fire incident in an nearlier 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. nThe Hon’ble National Company Law Tribunal, New Delhi Bench, vide order dated 27 March 2025 (“Order”), has approved the Scheme of nAmalgamation of Haryana Ispat Private Limited (‘Wholly Owned Subsidiary”) with Sterling Tools Limited (“Company”) with effect from 01 nApril 2024 (“Appointed Date”) and the Order was filed by the Company with the Registrar of Companies, NCT of Delhi and Haryana on 23 nApril 2025. nPursuant to the ESOP Plan 2023 of Sterling Tools Limited, 1,60,107 options have been granted to an employee of a subsidiary company nwhich were vested on 31st January 2025 and were subsequently exercised by employee. Based on the Exercise Letter, Nomination and nRemuneration Committee recommendation, and Board approval of Sterling Tools Limited, the equity shares have been allotted in his favor. nPrevious period/year figures have been regrouped/reclassified, where necessary, to conform to the current period's classification. The nimpact of such reclassification/regrouping is not material to the consolidated annual financial results. n

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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	3171123000
	Capital work-in-progress	72402000
	Investment property	0
	Goodwill	0
	Other intangible assets	19438000
	Intangible assets under development	57873000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	65499000
	Total non-current financial assets	65499000
	Deferred tax assets (net)	56992000
	Other non-current assets	109726000
	Total non-current assets	3553053000
2	Current assets
	Inventories	1740579000
	Current financial asset
	Current investments	150228000
	Trade receivables, current	654476000
	Cash and cash equivalents	235027000
	Bank balance other than cash and cash equivalents	1242723000
	Loans, current	1178000
	Other current financial assets	6748000
	Total current financial assets	2290380000
	Current tax assets (net)	0
	Other current assets	322835000
	Total current assets	4353794000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	7906847000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	72369000
	Other equity	4924375000
	Total equity attributable to owners of parent	4996744000
	Non controlling interest
	Total equity	4996744000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	346803000
	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	161139000
	Total non-current financial liabilities	507942000
	Provisions, non-current	165437000
	Deferred tax liabilities (net)	129507000
	Deferred government grants, Non-current	0
	Other non-current liabilities	71834000
	Total non-current liabilities	874720000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1027663000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	121747000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	501334000
	Total Trade payable	623081000
	Other current financial liabilities	87604000
	Total current financial liabilities	1738348000
	Other current liabilities	199072000
	Provisions, current	97963000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	2035383000
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	2910103000
	Total equity and liabilites	7906847000
	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		Consolidated	Consolidated
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	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassfied to profit or loss	-41873000	-118397000
	Total Amount of items that will not be reclassified to profit and loss	-41873000	-118397000
2	Income tax relating to items that will not be reclassified to profit or loss	-5612000	-23143000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	-8000	-19000
	Total Amount of items that will be reclassified to profit and loss	-8000	-19000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-36269000	-95273000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			766352000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			97699000
	Adjustments for decrease (increase) in inventories			-208663000
	Adjustments for decrease (increase) in trade receivables, current			230363000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-4947000
	Adjustments for decrease (increase) in other non-current assets			-13110000
	Adjustments for other financial assets, non-current			-17160000
	Adjustments for other financial assets, current			10232000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-131159000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-5629000
	Adjustments for increase (decrease) in other non-current liabilities			-1909000
	Adjustments for depreciation and amortisation expense			348179000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			2934000
	Adjustments for provisions, non-current			-164569000
	Adjustments for other financial liabilities, current			8800000
	Adjustments for other financial liabilities, non-current			49000
	Adjustments for unrealised foreign exchange losses gains			1781000
	Adjustments for dividend income			0
	Adjustments for interest income			71287000
	Adjustments for share-based payments			111888000
	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			479240000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			672504000
	Net cash flows from (used in) operations			1438856000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			203556000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			1235300000
	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			0
	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			22243000
	Purchase of property, plant and equipment			757620000
	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			65359000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-577238000
	Net cash flows from (used in) investing activities	-1247256000
	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			449538000
	Repayments of borrowings			235447000
	Payments of lease liabilities			17367000
	Dividends paid			71879000
	Interest paid			122294000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1928000
	Net cash flows from (used in) financing activities			944000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-11012000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-19000
	Net increase (decrease) in cash and cash equivalents			-11031000
	Cash and cash equivalents cash flow statement at beginning of period			246058000
	Cash and cash equivalents cash flow statement at end of period			235027000