Sterling Tools Limited
Sterling Tools Limited manufactures and sells high tensile cold forged fasteners to original equipment manufacturers in India. It offers standard, special, chassis, and engine fasteners, axle, engine, and standard bolts, as well as hub/wheel bolts, hub nuts, wheel studs, and motor control units for electric vehicles. The company also manufactures and trades in motor control units, manufactures ma… Read more
Sterling Tools Limited (STERTOOLS) - Net Assets
Latest net assets as of September 2025: ₹5.29 Billion INR
Based on the latest financial reports, Sterling Tools Limited (STERTOOLS) has net assets worth ₹5.29 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹8.30 Billion) and total liabilities (₹3.01 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹5.29 Billion |
| % of Total Assets | 63.73% |
| Annual Growth Rate | 14.03% |
| 5-Year Change | 50.74% |
| 10-Year Change | 318.64% |
| Growth Volatility | 11.24 |
Sterling Tools Limited - Net Assets Trend (2006–2025)
This chart illustrates how Sterling Tools Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sterling Tools Limited (2006–2025)
The table below shows the annual net assets of Sterling Tools Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹5.00 Billion | +11.76% |
| 2024-03-31 | ₹4.47 Billion | +11.66% |
| 2023-03-31 | ₹4.00 Billion | +12.55% |
| 2022-03-31 | ₹3.56 Billion | +7.33% |
| 2021-03-31 | ₹3.31 Billion | +8.15% |
| 2020-03-31 | ₹3.07 Billion | +9.27% |
| 2019-03-31 | ₹2.80 Billion | +14.92% |
| 2018-03-31 | ₹2.44 Billion | +52.70% |
| 2017-03-31 | ₹1.60 Billion | +33.92% |
| 2016-03-31 | ₹1.19 Billion | +1.74% |
| 2015-03-31 | ₹1.17 Billion | +16.64% |
| 2014-03-31 | ₹1.01 Billion | +13.06% |
| 2013-03-31 | ₹889.55 Million | +8.41% |
| 2012-03-31 | ₹820.57 Million | +15.13% |
| 2011-03-31 | ₹712.75 Million | +20.00% |
| 2010-03-31 | ₹593.98 Million | +14.65% |
| 2009-03-31 | ₹518.07 Million | +1.56% |
| 2008-03-31 | ₹510.10 Million | +11.38% |
| 2007-03-31 | ₹457.99 Million | +11.03% |
| 2006-03-31 | ₹412.48 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sterling Tools Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 408024600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹4.08 Billion | 81.66% |
| Common Stock | ₹72.37 Million | 1.45% |
| Other Comprehensive Income | ₹311.94 Million | 6.24% |
| Other Components | ₹532.18 Million | 10.65% |
| Total Equity | ₹5.00 Billion | 100.00% |
Sterling Tools Limited Competitors by Market Cap
The table below lists competitors of Sterling Tools Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Blackbird plc
PINK:BBRDF
|
$15.41 Million |
|
111380
KO:111380
|
$15.41 Million |
|
Aciselsan Acipayam Seluloz Sanayi Ve Ticaret AS
IS:ACSEL
|
$15.42 Million |
|
Centratama Telekomunikasi Ind
JK:CENT
|
$15.42 Million |
|
Kuk Dong
KO:005320
|
$15.40 Million |
|
TORT.MEXIC.GRILL LS -01
F:73D
|
$15.40 Million |
|
Makarony Polskie S.A.
WAR:MAK
|
$15.40 Million |
|
Ihlas Yayin Holding A.S.
IS:IHYAY
|
$15.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sterling Tools Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,471,085,000 to 4,996,744,000, a change of 525,659,000 (11.8%).
- Net income of 582,931,000 contributed positively to equity growth.
- Dividend payments of 71,879,000 reduced retained earnings.
- Share repurchases of 321,000 reduced equity.
- New share issuances of 321,000 increased equity.
- Other comprehensive income increased equity by 238,898,000.
- Other factors decreased equity by 224,291,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹582.93 Million | +11.67% |
| Dividends Paid | ₹71.88 Million | -1.44% |
| Share Repurchases | ₹321.00K | -0.01% |
| Share Issuances | ₹321.00K | +0.01% |
| Other Comprehensive Income | ₹238.90 Million | +4.78% |
| Other Changes | ₹-224.29 Million | -4.49% |
| Total Change | ₹- | 11.76% |
Book Value vs Market Value Analysis
This analysis compares Sterling Tools Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 14.48x to 1.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹12.05 | ₹174.53 | x |
| 2007-03-31 | ₹13.38 | ₹174.53 | x |
| 2008-03-31 | ₹14.91 | ₹174.53 | x |
| 2009-03-31 | ₹15.14 | ₹174.53 | x |
| 2010-03-31 | ₹17.36 | ₹174.53 | x |
| 2011-03-31 | ₹20.83 | ₹174.53 | x |
| 2012-03-31 | ₹23.98 | ₹174.53 | x |
| 2013-03-31 | ₹25.99 | ₹174.53 | x |
| 2014-03-31 | ₹29.39 | ₹174.53 | x |
| 2015-03-31 | ₹34.28 | ₹174.53 | x |
| 2016-03-31 | ₹37.72 | ₹174.53 | x |
| 2017-03-31 | ₹46.71 | ₹174.53 | x |
| 2018-03-31 | ₹68.50 | ₹174.53 | x |
| 2019-03-31 | ₹77.86 | ₹174.53 | x |
| 2020-03-31 | ₹85.07 | ₹174.53 | x |
| 2021-03-31 | ₹92.01 | ₹174.53 | x |
| 2022-03-31 | ₹98.76 | ₹174.53 | x |
| 2023-03-31 | ₹111.16 | ₹174.53 | x |
| 2024-03-31 | ₹123.99 | ₹174.53 | x |
| 2025-03-31 | ₹137.58 | ₹174.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sterling Tools Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.68%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.58x
- Recent ROE (11.67%) is below the historical average (14.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 13.17% | 4.70% | 1.09x | 2.58x | ₹13.08 Million |
| 2007 | 15.05% | 4.95% | 1.08x | 2.81x | ₹23.13 Million |
| 2008 | 14.92% | 4.91% | 1.09x | 2.78x | ₹25.11 Million |
| 2009 | 3.08% | 1.06% | 1.18x | 2.47x | ₹-35.83 Million |
| 2010 | 19.51% | 6.46% | 1.28x | 2.37x | ₹56.49 Million |
| 2011 | 22.24% | 6.45% | 1.33x | 2.59x | ₹87.27 Million |
| 2012 | 17.99% | 5.05% | 1.37x | 2.61x | ₹65.54 Million |
| 2013 | 12.23% | 3.85% | 1.35x | 2.36x | ₹19.80 Million |
| 2014 | 15.53% | 5.18% | 1.46x | 2.06x | ₹55.67 Million |
| 2015 | 18.09% | 6.19% | 1.45x | 2.02x | ₹94.91 Million |
| 2016 | 21.72% | 7.53% | 1.51x | 1.91x | ₹151.34 Million |
| 2017 | 24.47% | 10.65% | 1.38x | 1.67x | ₹231.21 Million |
| 2018 | 20.10% | 10.97% | 1.27x | 1.44x | ₹246.45 Million |
| 2019 | 16.08% | 8.93% | 1.10x | 1.63x | ₹170.68 Million |
| 2020 | 9.95% | 8.47% | 0.81x | 1.45x | ₹-1.42 Million |
| 2021 | 7.09% | 6.67% | 0.68x | 1.56x | ₹-96.45 Million |
| 2022 | 7.18% | 5.04% | 0.89x | 1.59x | ₹-100.41 Million |
| 2023 | 11.96% | 6.20% | 1.18x | 1.64x | ₹78.35 Million |
| 2024 | 12.38% | 5.94% | 1.31x | 1.59x | ₹106.54 Million |
| 2025 | 11.67% | 5.68% | 1.30x | 1.58x | ₹83.26 Million |
Industry Comparison
This section compares Sterling Tools Limited's net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $6,571,915,716
- Average return on equity (ROE) among peers: -167.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sterling Tools Limited (STERTOOLS) | ₹5.29 Billion | 13.17% | 0.57x | $15.41 Million |
| Esab India Limited (ESABINDIA) | $1.67 Billion | 39.59% | 0.36x | $249.10 Million |
| Harsha Engineers International Limited (HARSHA) | $12.54 Billion | 7.12% | 0.35x | $82.42 Million |
| Lakshmi Precision Screws Limited (LAKPRE) | $929.39 Million | 10.07% | 1.95x | $175.46K |
| NRB Industrial Bearings Limited (NIBL) | $10.21 Million | -1454.78% | 128.82x | $1.91 Million |
| SKF India Limited (SKFINDIA) | $26.83 Billion | 20.57% | 0.36x | $420.75 Million |
| Technocraft Industries (India) Limited (TIIL) | $5.65 Billion | 15.88% | 0.74x | $129.29 Million |
| Timken India Limited (TIMKEN) | $3.82 Billion | 11.70% | 0.93x | $1.31 Billion |
| Wendt (India) Limited (WENDT) | $1.12 Billion | 10.73% | 0.30x | $95.56 Million |