Sterling Tools Limited , a leading manufacturer of automotive components, has released its financial results for the second quarter and first half of fiscal year 2026, alongside announcing a key appointment to its senior management team.

Financial Performance

Q2 FY26 Results

• Total income: ₹172.20 crore, up 2.3% year-over-year
• EBITDA: ₹25.60 crore, with a margin of 14.9%
• Profit before tax (before exceptional items): ₹16.60 crore, a 3.3% increase from Q2 FY25
• Profit after tax: ₹19.80 crore, showing a significant 66.6% jump year-over-year

H1 FY26 Performance

• Total income: ₹335.40 crore, a 1.2% increase from H1 FY25
• EBITDA: ₹50.10 crore, maintaining a 14.9% margin
• Profit before tax (before exceptional items): ₹31.50 crore, nearly unchanged from the previous year
• Profit after tax: ₹30.80 crore, representing a 32.4% increase year-over-year

Exceptional Item

The company reported an exceptional item of ₹9.50 crore in Q2 FY26, representing enhanced compensation (including interest) received from Delhi Metro Rail Corporation for land acquired in an earlier year.

New Appointment

Sterling Tools has announced the appointment of Mr. Roney John as Chief Manufacturing Officer, effective November 11, 2025. Mr. John brings over 30 years of experience in manufacturing operations, having previously held leadership positions at companies such as Mahindra CIE Automotive Limited and Endurance Technologies Ltd.

Management Commentary

Atul Aggarwal, Managing Director of Sterling Tools Limited, stated, "Our Q2 results demonstrate resilience in a challenging market environment. The appointment of Mr. Roney John as our Chief Manufacturing Officer aligns with our commitment to strengthening our operational capabilities and driving future growth."

About Sterling Tools Limited

Sterling Tools Limited is a Tier-1 supplier of high-tensile cold-forged fasteners for India's automotive industry. The company operates manufacturing plants in Faridabad, Prithla, and Bengaluru, with a wire drawing unit in Ballabgarh, Faridabad. Sterling Tools has been expanding its presence in the electric vehicle (EV) components sector through its subsidiary, Sterling E-Mobility Solutions Limited.

Sterling Tools Limited , a prominent manufacturer of automotive components, has reported a significant increase in profit for the second quarter ended September 30, 2025, despite a decline in total income. The company has also announced a key appointment to its leadership team.

Financial Performance

Sterling Tools reported a profit of Rs 1,979.86 lakhs for the second quarter, compared to Rs 1,104.98 lakhs in the previous quarter, marking a substantial 79% increase. However, the total income for the quarter stood at Rs 7,216.76 lakhs, down from Rs 7,632.05 lakhs in the preceding quarter.

The company received exceptional income of Rs 949.64 lakhs as enhanced compensation from Delhi Metro Rail Corporation for land acquired in an earlier year, which contributed to the profit increase.

The board of directors approved the unaudited financial results for the second quarter and half year ended September 30, 2025.

New Leadership Appointment

In a significant move to strengthen its manufacturing operations, Sterling Tools has appointed Mr. Roney John as Chief Manufacturing Officer, effective November 11, 2025. Mr. John brings over 30 years of experience in manufacturing operations, having previously worked with notable organizations including Mahindra CIE Automotive Limited and Endurance Technologies Ltd.

This strategic appointment underscores the company's commitment to enhancing its manufacturing capabilities and operational efficiency.

Company Overview

Sterling Tools Limited primarily operates in the manufacturing of automotive components and fasteners. The company's ability to boost its profits despite a slight decline in total income demonstrates its focus on operational efficiency and cost management.

As the automotive industry continues to evolve, Sterling Tools' performance and strategic moves will be closely monitored by investors and industry analysts. The company's latest financial results and leadership appointment indicate its proactive approach to navigating the challenges and opportunities in the automotive component sector.