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Sterling Tools Ltd dividend

Sterling Tools Ltd dividend

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₹ 0.1 Cr

Volume transacted

stocks purchased

3.6 K

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Last Updated time: 17 Jul 15:30 PM

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Sterling Tools Ltd

NSE: STERTOOLS

DPS

2

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Sterling Tools Ltd is ₹ 2 as of 2023 .a1#The Dividend Payout of Sterling Tools Ltd changed from 16.6 % on March 2019 to 17.38 % on March 2023 . This represents a CAGR of 0.92% over 5 years. a1#The Latest Trading Price of Sterling Tools Ltd is ₹ 394.45 as of 16 Jul 15:30 .a1#The Market Cap of Sterling Tools Ltd changed from ₹ 1163 crore on March 2019 to ₹ 1447 crore on March 2023 . This represents a CAGR of 4.48% over 5 years. a1#The Revenue of Sterling Tools Ltd changed from ₹ 174.63 crore to ₹ 270.19 crore over 8 quarters. This represents a CAGR of 24.39% a1#The EBITDA of Sterling Tools Ltd changed from ₹ 22.74 crore to ₹ 31.8 crore over 8 quarters. This represents a CAGR of 18.25% a1#The Net Pr of Sterling Tools Ltd changed from ₹ 9.58 crore to ₹ 16.25 crore over 8 quarters. This represents a CAGR of 30.24% a1#

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Company Fundamentals For Sterling Tools Ltd

Market Cap

1,420 Cr

EPS

15.3

P/E Ratio (TTM) *

25.8

P/B Ratio (TTM) *

3.2

DTE *

0.3

ROE *

12.4

ROCE *

14.3

Dividend Yield *

0.5

DPS *

2

Dividend Payout *

17.38

Ann.Dividend % *

100

* All values are consolidated

Last Updated time: 17 Jul 15:30 PM

* All values are consolidated

Last Updated time: 17 Jul 15:30 PM

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Historical Dividend Payout of Sterling Tools Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Sterling Tools Ltd

Period
Mar '1917
Mar '2026
Mar '2115
Mar '2212
Mar '2317

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Sterling Tools Ltd

NSE: STERTOOLS

PRICE

394.45

-3.50 (-0.88%)

stock direction

Last updated : 16 Jul 15:30

SWOT Analysis Of Sterling Tools Ltd

Strength

5

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of Sterling Tools Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Sterling Tools Ltd

Period
Mar '191163
Mar '20468
Mar '21702
Mar '22489
Mar '231448

* All values are a in crore

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Historical Revenue of Sterling Tools Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Sterling Tools Ltd

Period
Jun '22175
Sep '22186
Dec '22208
Mar '23213
Jun '23223
Sep '23212
Dec '23234
Mar '24270

* All values are a in crore

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Historical EBITDA of Sterling Tools Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Sterling Tools Ltd

Period
Jun '2223
Sep '2232
Dec '2229
Mar '2320
Jun '2327
Sep '2327
Dec '2328
Mar '2432

* All values are a in crore

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Historical Net Profit of Sterling Tools Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Sterling Tools Ltd

Period
Jun '2210
Sep '2217
Dec '2214
Mar '238
Jun '2313
Sep '2312
Dec '2314
Mar '2416

* All values are a in crore

About Sterling Tools Ltd

About Sterling Tools Ltd

    Sterling Tools Limited (STL), was incorporated on 7 June 1979. The Company is engaged in manufacturing and sale of high tensile (HT) cold forged fasteners mainly for automobiles. STL which has started it's commercial production in 1981 has increased it's installed capacity in stages over the years to level of 7500 MTPA as on 2000-01. It has completed an expansion project in the year 1995-96 by which the installed capacity for manufacturing HT Fasteners increased from 4000 tpa to 6600 tpa at a cost of Rs.10 crore mainly funded through its maiden public issue in Apr 1995. Further in 1996-97 and 2000-01 the capacity has expanded by 400 tpa and 500 tpa respectively. The company supplies to diverse segments in the auto sector like two- and four-wheeler passenger transport, goods transport, tractors and farm equipment. Over the years, its clientele has expanded to include most of the major automobile OEMs. It's client list includes Eicher, Escorts, Bajaj Auto, Maruti Udyog, Hero Honda and Telco. STL has created a niche for itself as a supplier to the leaders in the various segments of the automobile industry. The company is the largest supplier of HT fasteners to Hero Honda and the second-largest supplier to Maruti, Bajaj Auto and TELCO. STL known in the industry for it's indigenous development of requisite technical skill for 14 years has wide product range which includes over 2000 types of fasteners ranging from 5 mm to 24 mm in diameter. The company obtained ISO 9002 certification during 1998 and QS 9002 during 1999-2000. It is in the process of installing spherodising and annealing facility for raw materials viz. steel wire rods / wires. STL is also trying to penetrate the export markets in UK, Germany, France, Belgium and Italy. The Company allotted Bonus Shares in the ratio of 1 Equity Share for every 1 existing Equity Share of the Company held by the members on 22nd November, 2005. The Company's Equity Shares were listed with National Stock Exchange of India Limited and admitted to dealing on the Exchange with effect from 2nd February, 2006. During the Year 2009-10, Company got into a Joint Venture Agreement with M/s Borstlap Masters in Fasteners Group B.V. (Fabory), a Netherland based Company to form a Joint Venture Company in India in ratio of 50:50. Accordingly a Joint Venture Company named Sterling Fabory India Private Limited was formed in March, 2010 in Delhi. During the financial year 2010-11, the Company invested Rs 1,75,00,000/- in Equity Share Capital of the Company of Sterling Fabory India Private Limited, a Joint venture Company, which started its operations in April 2010 by establishing its main Trading Setup at Faridabad with Branch office/ Warehouse at Pune. Further, during FY 2016-17, the Company acquired 100% shareholding of Haryana Ispat Pvt. Ltd. on 25th November, 2016. Hence the said Company became a wholly owned Subsidiary of Company w.e.f. 25th November, 2016. The fourth manufacturing facility at Vemagal Industrial Area, Kolar District, Bengaluru was made operational with an installed capacity of 6000 MT annually in FY 2018-19. Sterling Gtake E-Mobility Limited was formed as a subsidiary of Company in January 2020 for manufacturing Motor Control Units (MCUs) for Electric Vehicles on a Joint Venture arrangement basis with a China based Company named Jiangsu Gtake Electric Company Ltd. and the said Company became a Wholly Owned Subsidiary of Company in Mar' 20.

Sterling Tools Ltd News Hub

News

Board of Sterling Tools recommends Final Dividend

Sterling Tools announced that the Board of Directors of the Company at its meeting held on...

Read more

10 May 202417:24

News

Sterling Tools to discuss results

Sterling Tools will hold a meeting of the Board of Directors of the Company on 10 May 2024...

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04 May 202410:15

News

Sterling Tools soars on MoU with Korea’s Yongin Electronics for EV components

Yongin Electronics Company is a major supplier of components to the Hyundai Kia Motor Grou...

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18 Apr 202410:38

News

Sterling Tools to declare Quarterly Result

Sterling Tools will hold a meeting of the Board of Directors of the Company on 1 February ...

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27 Jan 202411:05

News

Sterling Tools schedules board meeting

Sterling Tools will hold a meeting of the Board of Directors of the Company on 30 October ...

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25 Oct 202315:15

News

Sterling Tools AGM scheduled

Sterling Tools announced that the 44th Annual General Meeting (AGM) of the company will be...

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07 Aug 202317:20

FAQs for dividends of Sterling Tools Ltd

What is the current market price of Sterling Tools Ltd Ltd as of July 17, 2024?

The current market price of Sterling Tools Ltd Ltd stands at 394.5 per share.

What dividend did Sterling Tools Ltd declare in the last fiscal year?

In the last fiscal year, Sterling Tools Ltd declared a dividend totaling ₹2.0.

What is the most recent dividend declared by Sterling Tools Ltd?

Sterling Tools Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Sterling Tools Ltd declared dividends in the current fiscal year

Sterling Tools Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Sterling Tools Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Sterling Tools Ltd declared dividends 4 times totaling ₹0.
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