Sterling Tools Limited · NSE:STERTOOLS
Sterling Tools — Q3 FY2025 Earnings Presentation
27 slides from Sterling Tools's earnings presentation, February 2025
Slide 1: Exchange covering letter for investor presentation
STERLING TOOLS LIMITED CIN : 129222DL1979PLC009668 WORKS : 5-A DLF Industrial Estate Faridabad - 121 003 Haryana India A " Tel : 91-129-227 0621 t0 25/225 5551 to 53 Tsrene® Fax : 91-129-227 7359 E-mail : starling@stifasteners.com website : stifasteners.com By NEAPS By Listing Centre National Stock
Slide 2: Driving Transformation, Powering the Future
DRIVING TRANSFORMATION, POWERING THE FUTURE Sterling Tools Limited Investor Presentation February 2025
Slide 3: Table of Contents
TABLE OF CONTENTS Page No. 1 Q3 & 9M FY25 Business Highlights 04 2 Financial Highlights 10 3 Historical Financials 13 4 Annexure 17 DRIVING TRANSFORMATION, POWERING THE FUTURE
Slide 4: Safe Harbor Statement
SAFE HARBOR STATEMENT This presentation and the accompanying slides (the "Presentation") have been prepared by Sterling Tools Ltd (the "Company") solely for informational purposes and do not constitute an offer, recommendation, or invitation to purchase or subscribe for any securities, and shall not
Slide 5: Q3 & 9M FY25 Business Highlights
Q3 & 9M FY25 Business Highlights
Slide 6: Management Commentary
Management Commentary Commenting on the results and performance for Q3 & 9M FY25, Mr. Atul Aggarwal, Managing Director of Sterling Tools Ltd. said: “During 9M FY25, our consolidated total income grew by 24.5% to Rs 832.3 crore on a YoY basis. The topline growth is mainly driven by SGEM which witness
Slide 7: Consolidated Financial Highlights
Consolidated Financial Highlights Rs. in Crore Total Income Adjusted EBITDA* 262.7 832.3 12.0% 12.1% 12.6% 12.7% 234.0 668.3 105.9 TOTAL INCOME MIX 31.7 84.2 9M FY25 28.1 Q3 FY24 Q3 FY25 9M FY24 9M FY25 Q3 FY24 Q3 FY25 9M FY24 9M FY25 345.9 PBT before exceptional items PAT 486.4 7.5% 6.8% 7.6% 7.8%
Slide 8: Standalone Financial Highlights
Standalone Financial Highlights Rs. in Crore Total Income EBITDA 486.4 14.9% 13.2% 14.5% 14.4% 446.7 155.1 69.9 142.7 64.9 21.3 20.5 Q3 FY24 Q3 FY25 9MFY24 9MFY25 Q3 FY24 Q3 FY25 9M FY24 9M FY25 PBT before exceptional items PAT 8.2% 7.5% 8.0% 8.9% 6.2% 5.4% 6.0% 6.5% 43.1 35.6 31.6 26.8 11.7 11.6 8.
Slide 9: Well Diversified Revenue Mix
Well Diversified Revenue Mix STL (Standalone) SGEM Channel-wise mix End-user segment-wise mix End-user segment-wise mix 9M FY25 9M FY25 9M FY25 2% 3% 10% 10% 2% 3% 30% 14% 17% 88% 27% 94% 2W OEM PV Farm Equipment & Off Road 3W Exports 2W Retail LCV/HCV Replacement CV Exports Note - 100% EV products
Slide 10: STL Group - Straddling the EV Value Chain
STL Group - Straddling the EV Value Chain Legacy Business New businesses to drive growth Focus Areas Partnership with • Largest MCU manufacturer in India having strong presence Jiangsu Gtake Electric in 2W, 3W and LCV / HCV segments Co. Ltd. • SGEM’s 9M FY25 revenue increased by 56% over 9M FY24 • T
Slide 11: Financial Highlights
S) FINANCIAL HIGHLIGHTS :o)
Slide 12: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Rs. in Crore Particulars Q3FY25 Q3FY24 YoY (%) Q2FY25 QoQ (%) 9MFY25 9MFY24 YoY (%) Total Income 262.7 234.0 12.3% 285.9 -8.1% 832.3 668.3 24.5% Cost of Goods Sold 133.4 120.9 138.5 421.7 347.1 Gross Profit 129.2 113.1 14.3% 147.4 -12.3% 410.6 321.2 27.8% Gross P
Slide 13: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Rs. in Crore Particulars Q3FY25 Q3FY24 YoY (%) Q2FY25 QoQ (%) 9MFY25 9MFY24 YoY (%) Total Income 155.1 142.7 8.7% 168.4 -7.9% 486.4 446.7 8.9% Cost of Goods Sold 64.0 53.4 66.0 193.0 183.2 Gross Profit 91.1 89.3 1.9% 102.3 -11.0% 293.3 263.4 11.4% Gross Profit Marg
Slide 14: Historical Financials
STERLING GTAKE E-MOBILITY “ ° anne. suet . HISTORICAL FINANCIALS
Slide 15: Consolidated Financial Highlights
Consolidated Financial Highlights Rs. in Crore Total Income Adjusted EBITDA* 938.5 18.1% 13.6% 13.0% 12.4% 12.7% 832.3 774.9 116.3 100.4 105.9 512.6 358.5 64.8 69.6 FY21 FY22 FY23 FY24 9M FY25 FY21 FY22 FY23 FY24 9M FY25 PBT before exceptional items PAT 8.5% 6.8% 7.7% 7.7% 7.8% 6.6% 5.0% 6.2% 5.9% 5
Slide 16: Standalone Financial Highlights
Standalone Financial Highlights Rs. in Crore Total Income EBITDA 603.5 613.7 18.9% 15.4% 15.3% 14.8% 14.4% 474.6 486.4 92.3 90.6 358.1 73.3 69.9 67.5 FY21 FY22 FY23 FY24 9MFY25 FY21 FY22 FY23 FY24 9MFY25 PBT before exceptional items PAT 9.4% 8.4% 8.8% 8.4% 8.9% 6.8% 6.3% 6.9% 6.3% 6.5% 53.3 51.7 43.
Slide 17: Key Ratios
Key Ratios Debt / Equity (x) Current Ratio (x) Networth (Rs. Cr.) Net Fixed Asset Turnover (x) STANDALONE 0.34 2.46 431.6 452.0 2.39 2.52 0.31 0.31 2.25 401.4 2.23 2.05 2.01 1.92 363.1 334.6 1.76 0.23 0.19 1.45 FY21 FY22 FY23 FY24 H1 FY25 FY21 FY22 FY23 FY24 H1 FY25 FY21 FY22 FY23 FY24 H1 FY25 FY21
Slide 18: Annexure
STERLING GTAKE E-MOBILITY ANNEXURE
Slide 19: At A Glance
At A Glance Sterling Tools Limited (STL) is a premier manufacturer of 1 cold forged, hi-tensile fasteners and supplies to all major auto OEMs STL’s state of the art manufacturing facilities to provide 2 reliable and high-quality products STERLING GROUP One of the leading Auto Component Player with a
Slide 20: History & Milestones
History & Milestones 2024 - 2025 ▪ SGEMs MCU capacity enhanced to 6,00,000 units/pa ▪ Signed MoU with MOTIVELINK Co., Ltd (Erstwhile Yongin 2020 - 2023 Electronics Co. Ltd) to manufacture magnetic 1999 - 2019 components for automotive ▪ Diversification into and electronic industries 1982 - 1999 EV C
Slide 21: Product Portfolio
Product Portfolio Wide Range Preferred supplier Quality & Reliability Certified Products Competitive Pricing Applications to OEM (STANDALONE) STANDARDS INDIAN AMERICAN AXLE BOLTS ENGINE BOLTS SPECIAL FASTENERS STANDARDS STANDARDS STL GERMAN JAPANESE BRITISH STANDARD BOLTS WHEEL BOLTS SEALANT PARTS S
Slide 22: Key Clientele – STL (Standalone)
Key Clientele – STL (Standalone) Passenger Wheelers Vehicles Two Commercial Vehicles Exports Tier - 1 Construction Equipment Farm Aftermarket: Strong Pan-India presence with 100+ Distributors The Brand Names mentioned are the property of their respective owners and are used here for identification p
Slide 23: Pan India Presence
Pan India Presence STL (STANDALONE) 4 Manufacturing Plants • Faridabad • Ballabhgarh • Palwal • Bengaluru 18 Warehouses at 14 Locations SGEM 1 Manufacturing Plant • Faridabad 2 Tech Centres • Faridabad • Bengaluru Note – Maps not to scale. All data, information, and maps are provided “as is” without
Slide 24: Our Key Strengths
Our Key Strengths Growth First Mover Leading player in Sustainable growth Team Credibility through Advantage in EV the automotive and profitability Partnerships Component and fasteners business others STL has leveraged SGEM is market leader in STL is one of the leading Four decades of market The Com
Slide 25: Board Of Directors
Board Of Directors Mr. Anil Aggarwal, Chairman & Whole Time Director Mr. Atul Aggarwal, Managing Director 38+ years of experience, Expertise in 34+ years of experience, Expertise in Marketing, Manufacturing, Project Mgmt, Administration, Banking, Finance, Corporate Affairs, Information Product and P
Slide 26: Annual Results
Annual Results Financial Year PDF Link FY24 FY23 FY22 FY21 FY20 DRIVING TRANSFORMATION, POWERING THE FUTURE 25
Slide 27: For further information, please contact
For further information, please contact STL Group : Investor Relations Advisors : Sterling Tools Limited CIN: L29222DL1979PLC009668 CIN: U74140MH2010PTC204285 Mr. Pankaj Gupta (Group Chief Financial Officer) Mr. Karan Thakker Mr. Abhishek Chawla (Company Secretary) Mr. Aakash Mehta pankaj.gupta@stlf