Sterling Tools Ltd
NSE: STERTOOLS BSE: 530759
₹181.77
(12.84%)
Wed, 01 Apr 2026, 09:22 am
Market Cap5.82B
PE Ratio18.12
Dividend1.54
Producer Manufacturing
Metal Fabrication
24.5KCompany History
1979
- The Company was incorporated as a private limited company on 7th June.
1993
- The Company imported machinery under the EPCG scheme and had an obligation to export goods worth US $ 560,000 during the period October 1993 to October 1998.
1994
- The Company became a public limited company with an installed capacity of 20 million pieces of fasteners.
- The capacity was increased to 165 million pieces.
1995
- 24,00,000 equity shares of Rs 10 each were issued, subscribed, and paid up.
- 10,20,000 equity shares of Rs 10 each were issued at a premium of Rs 65 per share.
2000
- The Company promoted a new B2B portal for automotive spare parts called sparesindia.com.
2001
- Sparesindia, promoted by Sterling Tools Ltd, entered the business of helping auto component makers web-enable their distribution and sales setups.
2003
- The Company delisted its equity shares from the Delhi Stock Exchange.
2004
- The Directors recommended a dividend of 40% for the year.
2005
- Sterling Tools gave a bonus in the ratio of 1:1.
- Sterling Tools earmarked Rs 70 cr for capacity expansion.
- The Company recommended a dividend of 50%.
2006
- The Company recommended a dividend of 30%.
- Shri K R Gupta and Dr T N Kapoor were appointed as Directors of the Company.
2008
- The Company recommended a final dividend of 30%.
2009
- The Company formed a joint venture with Borstlap Masters in Fasteners Group B.V (Fabory).
- The Company recommended a dividend of 10%.
2010
- The Company recommended a final dividend of 20%.
- The Company's registered office was shifted to A-40, Mohan Co-operative Industrial Estate, New Delhi - 110044.
2011
- The Company recommended a dividend of 50%.
2012
- The Company recommended a dividend of 50%.
2013
- The Company changed its registered office to K-40, Connaught Circus, New Delhi - 110001.
- The Company declared an interim dividend of 50% for the financial year 2012-2013.
2017
- The Company split its face value from Rs 10 to Rs 2.
2018
- Sterling Tools Ltd participated in Auto Expo (Components) 2018.
2020
- Commissioned the first MCU manufacturing plant at Faridabad under STL's wholly owned subsidiary Sterling Gtake E-Mobility Ltd.
2023
- Increased revenues from MCUs by 3.5 times on a year-on-year basis.
- Secured over 15 contracts through SGEM.
- Initiated capacity expansion to increase annual production capability from 300,000 MCUs to 600,000 MCUs.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800