
Sterling Tools Reports Consolidated Total Income Growth of 10.6% YoY for FY25
Sterling Tools Limited (STL), a leading automotive fastener manufacturer and EV component manufacturer, announced its audited Standalone and Consolidated results for the quarter and year ended 31st March 2025. The company's consolidated total income grew by 10.6% YoY to Rs. 1,038.0 crore in FY25, driven by strong growth in its subsidiary SGEM and a stable performance in the standalone business. Adjusted EBITDA on a consolidated basis rose by 13.8% YoY to Rs. 132.4 crore, with margins expanding to 12.8%. The company's standalone total income grew by 6.2% YoY to Rs. 651.6 crore in FY25. Despite a decline in its subsidiary SGEM’s revenue, the company is optimistic about the future, driven by strategic initiatives in the EV components sector.
Key Highlights
- Consolidated total income grew by 10.6% YoY to Rs. 1,038.0 crore in FY25
- Adjusted EBITDA increased by 13.8% YoY to Rs. 132.4 crore in FY25
- Standalone total income grew by 6.2% YoY to Rs. 651.6 crore in FY25
- SGEM announced a Technology Licensing Agreement for the development and manufacturing of rare earth/permanent magnet free Motors in India
- Plans to begin production of HVDC Contactors and Relays by the end of Q2 FY26, in partnership with Kunshan GLVAC Yuantong New Energy Technology Co. Ltd.