STERLING TOOLS chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 141.48
Dividend & Yield1.00₹ (0.59%)
Beta 0.94
Market capitalization 6.25B
Operating cash flow 402.28M
ESG Scores unknown

Company description

Sterling Tools Limited manufactures and markets high tensile cold forged fasteners to original equipment manufacturers in India. The company offers standard, special, chassis, and engine fasteners for use in passenger vehicles, commercial vehicles, two wheelers, farm and construction equipment, and off-roadways. It also engages in leasing of immovable property; and manufacture and trading of motor control unit used in automobile industry. The company exports its products to Europe, the United States, South America, and the Middle East. Sterling Tools Limited was incorporated in 1979 and is based in Faridabad, India.

Sector: Industrials - Industry: Tools & Accessories

Financial Ratios
Quick Ratio1.06
Working Capital0.21
Return On Equity0.07
Debt To Equity0.12
Fixed Asset Ratio0
Fixed Interest Cover5.71

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities
Total Cashflows From Investing Activities -918.8M 15.72M -493.19M -392.13M
Net Borrowings 649.23M -264.96M 301.97M 41.01M
Total Cash From Financing Activities 520.34M -423.93M 229.41M -53.18M
Change To Operating Activities 67.34M -269.18M 129.27M -92.49M
Issuance Of Stock
Net Income 451.17M 305.13M 235.12M 255.37M
Change In Cash 28.43M 118.22M -105.57M -43.02M
Effect Of Exchange Rate
Total Cash From Operating Activities 426.89M 526.43M 158.22M 402.28M
Depreciation 189.4M 240.8M 261.73M 273.36M
Change To Account Receivables
Other Cashflows From Financing Activities -56.85M -86.92M -72.56M -58.17M
Change To Netincome -2.69M 17.81M 32.54M 30.34M
Capital Expenditures -950.92M -460.12M -174.93M -517.92M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 698.91M 360.06M 303.38M 347.67M
Net Income 451.17M 305.13M 235.12M 255.37M
Selling General Administrative 380.74M 385.3M 394.73M 445.6M
Gross Profit 2.84B 2.14B 2.2B 2.07B
Ebit 668.75M 366.27M 341M 392.24M
Operating Income 668.75M 366.27M 341M 392.24M
Interest Expense -34.3M -61.93M -74.4M -68.67M
Income Tax Expense 247.73M 55.02M 68.28M 92.31M
Total Revenue 5.12B 3.64B 3.53B 5.1B
Cost Of Revenue 2.29B 1.51B 1.33B 3.03B
Total Other Income ExpenseNet 30.16M -6.21M -37.62M -44.58M
Net Income From Continuing Ops 451.17M 305.04M 235.09M 255.36M
Net Income Applicable To Common Shares 451.17M 305.13M 235.12M 255.37M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 1.78B 1.38B 1.85B 1.94B
Total Stockholder Equity 2.8B 3.06B 3.31B 3.56B
Other Current Liabilities 36.48M 28.8M 41.67M 166.05M
Total Assets 4.58B 4.44B 5.16B 5.5B
Common Stock 72.05M 72.05M 72.05M 72.05M
Other Current Assets 158.11M 180.86M 342.47M 454.84M
Retained Earnings 2.26B 2.48B 2.72B
Treasury Stock 665k 41M 52.04M 3.49B
Cash 38.61M 156.83M 51.26M 230.17M
Total Current Liabilities 881.29M 548.77M 1.1B 1.17B
Other Stockholder Equity 665k 41M 52.04M 3.49B
Property, Plant, and Equipment 2.38B 2.64B 2.57B 2.81B
Total Current Assets 1.97B 1.53B 2.33B 2.4B
Net Tangible Assets 2.8B 3.06B 3.31B 3.55B
Net Receivables 444.78M 532.89M 436.33M 475.77M
Accounts Payable 327.58M 211.38M 305.31M 318.49M


Insider Transactions

Here are the insider transactions of stock shares related to STERLING TOOLS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Agarwal (Anish)Gift at price 0.00 per share.D2022-03-23Promoter1M
Aggarwal (Anil)Gift at price 0.00 per share.D2022-03-23Promoter2M
Aggarwal (Akhil)Gift at price 0.00 per share.D2022-03-23Promoter1M
Wadhwa (Onjali)Acquisition at price 2.67 per share.D2020-12-03UNREPORTED1.01k
Aggarwal (Anil)D2019-08-06Managing Director75k
Aggarwal (Atul)D2019-08-06Managing Director75k
Wadhwa (Jaideep)D2019-06-24Director (Non-Executive)2.98k
Wadhwa (Jaideep)D2019-06-21Director (Non-Executive)1k
Wadhwa (Jaideep)D2019-06-20Director (Non-Executive)1k
Aggarwal (Atul)D2019-06-20Wholetime Director163
Wadhwa (Jaideep)D2019-06-19Director (Non-Executive)20
Aggarwal (Atul)D2019-06-18Wholetime Director1.66k
Aggarwal (Atul)D2019-06-13Wholetime Director1k
Aggarwal (Atul)D2019-06-11Wholetime Director830
Aggarwal (Atul)D2019-06-10Wholetime Director1.57k
Aggarwal (Atul)D2019-06-06Wholetime Director2.33k
Aggarwal (Atul)D2019-06-04Wholetime Director1.45k
Aggarwal (Atul)D2019-06-03Wholetime Director7.85M
Aggarwal (Anil)D2019-05-31Managing Director2.61k
Aggarwal (Anil)I2019-05-29Managing Director
Aggarwal (Anil)D2019-05-29Managing Director2k
Aggarwal (Anil)D2019-05-28Managing Director2.42k
Aggarwal (Anil)D2019-05-27Managing Director662.91k
Aggarwal (Anil)D2017-07-20Managing Director5.8M
Aggarwal (Atul)D2014-04-11Wholetime Director6.89k
Aggarwal (Atul)D2014-01-13Wholetime Director4.3k
Aggarwal (Anil)D2013-01-17Managing Director5.15k
Aggarwal (Anil)D2012-11-01Managing Director5.41k
Aggarwal (Anil)D2012-09-07Managing Director5.65k
Aggarwal (Manohar Lal)D2012-08-06Executive Chairman8.11k
Aggarwal (Manohar Lal)D2012-01-18Executive Chairman4.7k
Aggarwal (Manohar Lal)D2012-01-11Executive Chairman13.29k
Aggarwal (Manohar Lal)D2011-12-16Executive Chairman4.7k
Aggarwal (Manohar Lal)D2011-12-07Executive Chairman5.34k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to STERLING TOOLS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on STERLING TOOLS

Here is the result of two systematic investment strategies applied to STERLING TOOLS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on STERLING TOOLS

The following chart shows the equity curve of the two systematic investment strategies applied to STERLING TOOLS:

STERLING TOOLS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -26.83% on the backtest period.

Performance at glance

Performance

-26.83 %

Latent gain

-653.3 ₹

Invested capital

2435.3 ₹

Annualized return

-6.39 %
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Momentum strategy results on STERLING TOOLS

This is the result of two momentum investment strategies applied to STERLING TOOLS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on STERLING TOOLS

The following chart shows all the entries opened by the momentum investment system on STERLING TOOLS:

STERLING TOOLS momentum entries
  • The first momentum investment strategy would give -27.54% of return on STERLING TOOLS. That represents -1297.85₹ of latent gain with 4713.35₹ of employed capital.
  • The second momentum investment strategy would give -26.29% of return on STERLING TOOLS. That represents -688.6₹ of latent gain with 2619.1₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-27.54 %

Latent gain

-1297.85 ₹

Invested capital

4713.35 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-26.29 %

Latent gain

-688.6 ₹

Invested capital

2619.1 ₹

Annualized return

-7.07 %

Momentum equity curve on STERLING TOOLS

The following chart shows the equity curve of the two momentum strategies applied to STERLING TOOLS:

STERLING TOOLS momentum equity

Note: the dividends potentially given by STERLING TOOLS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STERLING TOOLS

The following chart shows the employed capital evolution of the two momentum strategies on STERLING TOOLS since the beginning:

STERLING TOOLS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on STERLING TOOLS

Buy the dip entry openings on STERLING TOOLS

STERLING TOOLS

The performance achieved by the robo-advisor on STERLING TOOLS is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows STERLING TOOLS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of STERLING TOOLS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to STERLING TOOLS

The following chart shows the result of the investment strategy applied to STERLING TOOLS:

STERLING TOOLS

Note: the dividends potentially given by STERLING TOOLS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on STERLING TOOLS

The following chart shows the employed capital evolution since the beginning of the investment strategy on STERLING TOOLS:

STERLING TOOLS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on STERLING TOOLS

In this section, I will compare the three previous investment strategies applied to STERLING TOOLS.

Equity curve comparison on STERLING TOOLS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

STERLING TOOLS investment strategy comparison

Employed capital comparison on STERLING TOOLS

STERLING TOOLS investment comparison

Performance comparison on STERLING TOOLS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -26.83% -653.3₹ 2435.3₹ -6.39%
Momentum 1 quarter -27.54% -1297.85₹ 4713.35₹ -6.95%
Momentum 2 quarters -26.29% -688.6₹ 2619.1₹ -7.07%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

-6.39 %

Momentum 1Q

-7.07 %

Momentum 2Q

-7.07 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with STERLING TOOLS:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between STERLING TOOLS and the other stocks. There may be false positives or some missing correlated stocks. If the price of STERLING TOOLS does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name STERLING TOOLS
Country India
City Faridabad
Address Plot No. 4
Phone 91 12 9227 0621
Website www.stlfasteners.com
FullTime employees
Industry Tools & Accessories
Sector Industrials
Exchange XNSE
Ticker STERTOOLS.XNSE
Market

STERLING TOOLS ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown