Unaudited Financial Results of the quarter ended 30.06.2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 05 Aug 2026, 02:20 PM IST · BSE ID: 002cbe33-59bc-4732-9241-03a39bde4ffe
View Original BSE Filing (PDF)
💡
In Simple Terms
Sterling Tools announced its latest quarterly financial results, showing increased profit, and approved a Rs. 15 crore investment in its subsidiary.
🤖 AI Summary
- Standalone Net Profit for Q1 FY27 was Rs. 1,640.25 lakh, compared to Rs. 1,104.95 lakh in Q1 FY26.
- Total Standalone Income for Q1 FY27 reached Rs. 20,185.51 lakh, up from Rs. 16,320.51 lakh in Q1 FY26.
- M/s Jitender Navneet & Co appointed as Cost Auditors for Sterling Tools for the financial year 2026-27.
- The 47th Annual General Meeting is scheduled for September 4, 2026, with August 28, 2026, as the record date for final dividend.
- Board approved investment of up to Rs. 15 crores in Sterling Tech – Mobility Limited, a wholly-owned subsidiary.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Revenue from Operations (Q1 FY27)
19,940.17 lakh
Standalone Total Income (Q1 FY27)
20,185.51 lakh
23.68
Standalone Profit for the period (Q1 FY27)
1,640.25 lakh
48.44
Basic Earnings Per Share (Q1 FY27)
4.51
Investment in Sterling Tech – Mobility Limited
Rs. 15 crores
🏢 How This Affects the Company
The approved investment of Rs. 15 crores in Sterling Tech – Mobility Limited indicates a focus on expanding the subsidiary's capabilities or operations.
Standalone Profit for the period increased to Rs. 1,640.25 lakh in Q1 FY27 from Rs. 1,104.95 lakh in Q1 FY26, positively impacting earnings.
The appointment of new Cost Auditors for FY2026-27 ensures compliance with cost accounting standards and internal control assessments.
The investment in a wholly-owned subsidiary transfers capital, which introduces a new level of financial commitment and operational dependency on the subsidiary's performance.
👥 What This Means For Shareholders
✅
Action Required
Shareholders must ensure shares are held in their demat account by the record date of Friday, August 28, 2026, to be eligible for the final dividend.
👤
Who Is Affected
Shareholders of record as of August 28, 2026, will be eligible for the final dividend, as recommended by the Board on May 15, 2026, if approved at the AGM.
🔍
Management Signal
The management's decision to recommend a final dividend and approve a significant investment in a subsidiary indicates a focus on shareholder returns and strategic growth.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Outcome of 47th AGM on September 4, 2026 regarding final dividend approval.
Details on the utilization and impact of Rs. 15 crore subsidiary investment.
Q2 FY27 financial results for continued performance trend.
LOW RISK
The filing presents positive financial results and routine corporate actions, with no immediate significant risks identified.
💡 Investor Takeaway
Sterling Tools reported a Standalone Net Profit of Rs. 1,640.25 lakh for Q1 FY27, a 48.44% increase from Rs. 1,104.95 lakh in Q1 FY26. Total Income rose 23.68% to Rs. 20,185.51 lakh. The Board approved a Rs. 15 crore investment in its wholly-owned subsidiary.
⚖️ Strengths & Concerns
✅ Positives
- Standalone Profit for the period increased by 48.44% to Rs. 1,640.25 lakh in Q1 FY27 from Rs. 1,104.95 lakh in Q1 FY26.
- Standalone Total Income grew by 23.68% to Rs. 20,185.51 lakh in Q1 FY27 from Rs. 16,320.51 lakh in Q1 FY26.
⚠️ Concerns
- Exceptional item of Rs. 774.11 lakh was noted in the previous quarter ended March 31, 2026, which may distort period-on-period comparisons.
- No specific details regarding the use of the Rs. 15 crores investment in Sterling Tech – Mobility Limited are provided, making the expected return unclear.
📅 Company Track Record
The filing refers to the company's 47th AGM, indicating a long operational history since its incorporation (CIN: L29222DL1979PLC009668). A final dividend of Rs. 2.75 per share was recommended for FY2025-26, subject to AGM approval.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Sterling Tools' Standalone Net Profit for Q1 FY27?
Sterling Tools reported a Standalone Net Profit of Rs. 1,640.25 lakh for the quarter ended June 30, 2026, increasing from Rs. 1,104.95 lakh in Q1 FY26.
What was the Total Standalone Income for Sterling Tools in Q1 FY27?
The Total Standalone Income for Sterling Tools in Q1 FY27 was Rs. 20,185.51 lakh, compared to Rs. 16,320.51 lakh in Q1 FY26.
What investment was approved for Sterling Tech – Mobility Limited?
The Board approved an investment of up to Rs. 15 crores in form of equity in Sterling Tech – Mobility Limited, a wholly-owned subsidiary.
When is Sterling Tools' Annual General Meeting (AGM) scheduled?
The 47th Annual General Meeting of Sterling Tools is scheduled to be held on Friday, September 4, 2026.
What is the Record Date for Sterling Tools' final dividend for FY2025-26?
The Record Date for the final dividend, if approved at the AGM, has been fixed as Friday, August 28, 2026.
Questions based on this BSE filing only. For information purposes.