STERTOOLS

What Sterling Tools promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 20 tracked 1 delivered 2 missed 17 open
  • Standalone Business Sales Growth delivered said Q2 FY26 Promised: grow at 5% to 7% for the full year and we are on track to do that Q1 FY27: Promise for FY26 remains achieved. No further updates.
  • Revenue from HVDC contractors and relays missed said Q4 FY25 Promised: INR 10 crores for this fiscal (FY26) and next year, it will be INR 30 crores to INR 35 crores. Q1 FY27: Promise remains missed. Management confirmed commercial supplies for STML are scheduled to commence from Q2 FY27, consistent with the revised timeline from the previous quarter.
  • Revenue split (fasteners vs EV/non-fasteners) at risk said Q4 FY25 Promised: 50-50 split by 2030, but the bulk of the growth coming in from new businesses. Q1 FY27: Guidance for both fastener (20%+) and EV (20-30%) businesses to grow at similar rates in FY27 suggests the revenue mix shift will be slow. The risk from the broader EV adoption slowdown remains.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 20 tracked commitments for Sterling Tools — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens