Sterling Tools Limited (STERTOOLS) - Net Assets
Based on the latest financial reports, Sterling Tools Limited (STERTOOLS) has net assets worth Rs5.29 Billion INR (≈ $57.19 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.30 Billion ≈ $89.74 Million USD) and total liabilities (Rs3.01 Billion ≈ $32.55 Million USD). 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. Check Sterling Tools Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs5.29 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. Also explore STERTOOLS total asset value for the complete picture of this company's asset base.
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. For live valuation and market cap data, see market cap of Sterling Tools Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs5.00 Billion ≈ $54.04 Million |
+11.76% |
| 2024-03-31 | Rs4.47 Billion ≈ $48.35 Million |
+11.66% |
| 2023-03-31 | Rs4.00 Billion ≈ $43.30 Million |
+12.55% |
| 2022-03-31 | Rs3.56 Billion ≈ $38.48 Million |
+7.33% |
| 2021-03-31 | Rs3.31 Billion ≈ $35.85 Million |
+8.15% |
| 2020-03-31 | Rs3.07 Billion ≈ $33.15 Million |
+9.27% |
| 2019-03-31 | Rs2.80 Billion ≈ $30.33 Million |
+14.92% |
| 2018-03-31 | Rs2.44 Billion ≈ $26.40 Million |
+52.70% |
| 2017-03-31 | Rs1.60 Billion ≈ $17.29 Million |
+33.92% |
| 2016-03-31 | Rs1.19 Billion ≈ $12.91 Million |
+1.74% |
| 2015-03-31 | Rs1.17 Billion ≈ $12.69 Million |
+16.64% |
| 2014-03-31 | Rs1.01 Billion ≈ $10.88 Million |
+13.06% |
| 2013-03-31 | Rs889.55 Million ≈ $9.62 Million |
+8.41% |
| 2012-03-31 | Rs820.57 Million ≈ $8.87 Million |
+15.13% |
| 2011-03-31 | Rs712.75 Million ≈ $7.71 Million |
+20.00% |
| 2010-03-31 | Rs593.98 Million ≈ $6.42 Million |
+14.65% |
| 2009-03-31 | Rs518.07 Million ≈ $5.60 Million |
+1.56% |
| 2008-03-31 | Rs510.10 Million ≈ $5.52 Million |
+11.38% |
| 2007-03-31 | Rs457.99 Million ≈ $4.95 Million |
+11.03% |
| 2006-03-31 | Rs412.48 Million ≈ $4.46 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 | Rs4.08 Billion | 81.66% |
| Common Stock | Rs72.37 Million | 1.45% |
| Other Comprehensive Income | Rs311.94 Million | 6.24% |
| Other Components | Rs532.18 Million | 10.65% |
| Total Equity | Rs5.00 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 |
|---|---|
|
Chainqui Construction Development Co Ltd
TW:2509
|
$95.51 Million |
|
Immunoprecise Antibodies Ltd
NASDAQ:IPA
|
$95.54 Million |
|
Bokwang Industry Co Ltd
KQ:225530
|
$95.55 Million |
|
Pelican Acquisition Corporation Ordinary Shares
NASDAQ:PELI
|
$95.55 Million |
|
SkyWorld Development Berhad
KLSE:5315
|
$95.41 Million |
|
Skardin Industrial
TWO:3466
|
$95.34 Million |
|
Investcorp India Acquisition Corp. Class A ordinary share
NASDAQ:IVCA
|
$95.33 Million |
|
Lumos Diagnostics Holdings Ltd
AU:LDX
|
$95.32 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 | Rs582.93 Million | +11.67% |
| Dividends Paid | Rs71.88 Million | -1.44% |
| Share Repurchases | Rs321.00K | -0.01% |
| Share Issuances | Rs321.00K | +0.01% |
| Other Comprehensive Income | Rs238.90 Million | +4.78% |
| Other Changes | Rs-224.29 Million | -4.49% |
| Total Change | Rs- | 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: 1.77x
- 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 20.15x to 1.77x 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 | Rs12.05 | Rs242.84 | x |
| 2007-03-31 | Rs13.38 | Rs242.84 | x |
| 2008-03-31 | Rs14.91 | Rs242.84 | x |
| 2009-03-31 | Rs15.14 | Rs242.84 | x |
| 2010-03-31 | Rs17.36 | Rs242.84 | x |
| 2011-03-31 | Rs20.83 | Rs242.84 | x |
| 2012-03-31 | Rs23.98 | Rs242.84 | x |
| 2013-03-31 | Rs25.99 | Rs242.84 | x |
| 2014-03-31 | Rs29.39 | Rs242.84 | x |
| 2015-03-31 | Rs34.28 | Rs242.84 | x |
| 2016-03-31 | Rs37.72 | Rs242.84 | x |
| 2017-03-31 | Rs46.71 | Rs242.84 | x |
| 2018-03-31 | Rs68.50 | Rs242.84 | x |
| 2019-03-31 | Rs77.86 | Rs242.84 | x |
| 2020-03-31 | Rs85.07 | Rs242.84 | x |
| 2021-03-31 | Rs92.01 | Rs242.84 | x |
| 2022-03-31 | Rs98.76 | Rs242.84 | x |
| 2023-03-31 | Rs111.16 | Rs242.84 | x |
| 2024-03-31 | Rs123.99 | Rs242.84 | x |
| 2025-03-31 | Rs137.58 | Rs242.84 | 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 | Rs13.08 Million |
| 2007 | 15.05% | 4.95% | 1.08x | 2.81x | Rs23.13 Million |
| 2008 | 14.92% | 4.91% | 1.09x | 2.78x | Rs25.11 Million |
| 2009 | 3.08% | 1.06% | 1.18x | 2.47x | Rs-35.83 Million |
| 2010 | 19.51% | 6.46% | 1.28x | 2.37x | Rs56.49 Million |
| 2011 | 22.24% | 6.45% | 1.33x | 2.59x | Rs87.27 Million |
| 2012 | 17.99% | 5.05% | 1.37x | 2.61x | Rs65.54 Million |
| 2013 | 12.23% | 3.85% | 1.35x | 2.36x | Rs19.80 Million |
| 2014 | 15.53% | 5.18% | 1.46x | 2.06x | Rs55.67 Million |
| 2015 | 18.09% | 6.19% | 1.45x | 2.02x | Rs94.91 Million |
| 2016 | 21.72% | 7.53% | 1.51x | 1.91x | Rs151.34 Million |
| 2017 | 24.47% | 10.65% | 1.38x | 1.67x | Rs231.21 Million |
| 2018 | 20.10% | 10.97% | 1.27x | 1.44x | Rs246.45 Million |
| 2019 | 16.08% | 8.93% | 1.10x | 1.63x | Rs170.68 Million |
| 2020 | 9.95% | 8.47% | 0.81x | 1.45x | Rs-1.42 Million |
| 2021 | 7.09% | 6.67% | 0.68x | 1.56x | Rs-96.45 Million |
| 2022 | 7.18% | 5.04% | 0.89x | 1.59x | Rs-100.41 Million |
| 2023 | 11.96% | 6.20% | 1.18x | 1.64x | Rs78.35 Million |
| 2024 | 12.38% | 5.94% | 1.31x | 1.59x | Rs106.54 Million |
| 2025 | 11.67% | 5.68% | 1.30x | 1.58x | Rs83.26 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: $7,605,262,208
- Average return on equity (ROE) among peers: 9.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sterling Tools Limited (STERTOOLS) | Rs5.29 Billion | 13.17% | 0.57x | $95.45 Million |
| Lakshmi Precision Screws Limited (LAKPRE) | $929.39 Million | 10.07% | 1.95x | $586.92K |
| NRB Industrial Bearings Limited (NIBL) | $330.00K | 0.00% | 1.00x | $8.22 Million |
| SKF India Limited (SKFINDIA) | $16.13 Billion | 12.68% | 0.25x | $916.93 Million |
| Technocraft Industries (India) Limited (TIIL) | $4.39 Billion | 3.48% | 0.47x | $609.37 Million |
| Timken India Limited (TIMKEN) | $16.57 Billion | 19.74% | 0.32x | $2.79 Billion |
About 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