Balance Sheet

STERLING TOOLS LTD.

NSE : STERTOOLSBSE : 530759ISIN CODE : INE334A01023Industry : FastenersHouse : Private
BSE355.350.35 (+0.1 %)
PREV CLOSE ( ) 355.00
OPEN PRICE ( ) 356.30
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 1497
TODAY'S LOW / HIGH ( )353.75 358.20
52 WK LOW / HIGH ( )305 429
NSE354.45-2.3 (-0.64 %)
PREV CLOSE( ) 356.75
OPEN PRICE ( ) 356.75
BID PRICE (QTY) 354.45 (56)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 36778
TODAY'S LOW / HIGH( ) 353.00 359.85
52 WK LOW / HIGH ( )304.35 428
Select year
( in Million)
ParticularsMar2023Mar2022Mar2021Mar2020Mar2019
EQUITY AND LIABILITIES
Share Capital72.0572.0572.0572.0572.05
    Equity - Authorised100.00100.00100.00100.00100.00
    Equity - Issued72.0572.0572.0572.0572.05
    Equity Paid Up72.0572.0572.0572.0572.05
    Equity Shares Forfeited0.000.000.000.000.00
    Adjustments to Equity0.000.000.000.000.00
    Preference Capital Paid Up0.000.000.000.000.00
    Face Value2.002.002.002.002.00
Share Warrants & Outstandings0.000.000.000.000.00
Total Reserves3932.233485.793242.682992.542732.92
    Securities Premium473.57473.57473.57473.57473.57
    Capital Reserves0.670.670.670.670.67
    Profit & Loss Account Balance3098.662657.322438.422199.331980.04
    General Reserves278.65278.65278.65278.65278.65
    Other Reserves80.6975.5851.3840.340.00
Reserve excluding Revaluation Reserve3932.233485.793242.682992.542732.92
Revaluation reserve0.000.000.000.000.00
Shareholder's Funds4004.273557.833314.733064.592804.97
Minority Interest0.000.000.070.420.00
Long-Term Borrowings0.000.000.000.000.00
Secured Loans366.45429.31377.48480.67539.46
    Non Convertible Debentures0.000.000.000.000.00
    Converible Debentures & Bonds0.000.000.000.000.00
    Packing Credit - Bank0.000.000.000.000.00
    Inter Corporate & Security Deposit0.000.000.000.000.00
    Term Loans - Banks597.88625.14535.69679.00669.89
    Term Loans - Institutions0.000.000.000.000.00
    Other Secured-231.43-195.83-158.21-198.32-130.44
Unsecured Loans0.000.000.000.000.00
    Fixed Deposits - Public0.000.000.000.000.00
    Loans and advances from subsidiaries0.000.000.000.000.00
    Inter Corporate Deposits (Unsecured)0.000.000.000.000.00
    Foreign Currency Convertible Notes0.000.000.000.000.00
    Long Term Loan in Foreign Currency0.000.000.000.000.00
    Loans - Banks0.000.000.000.000.00
    Loans - Govt.0.000.000.000.000.00
    Loans - Others0.000.000.000.000.00
    Other Unsecured Loan0.000.000.000.000.00
Deferred Tax Assets / Liabilities162.04164.85168.95173.03163.82
    Deferred Tax Assets36.0225.1715.8911.7514.49
    Deferred Tax Liability198.06190.02184.84184.77178.30
Other Long Term Liabilities90.87163.54167.49160.65176.87
Long Term Trade Payables0.000.000.000.000.00
Long Term Provisions69.4520.4514.9015.3213.71
Total Non-Current Liabilities688.81778.16728.83829.66893.85
Current Liabilities
Trade Payables583.57318.49305.31211.38327.58
    Sundry Creditors583.57318.49305.31211.38327.58
    Acceptances0.000.000.000.000.00
    Due to Subsidiaries- Trade Payables0.000.000.000.000.00
Other Current Liabilities508.60363.23289.39266.92209.68
    Bank Overdraft / Short term credit0.000.000.000.000.00
    Advances received from customers21.1523.6719.382.4012.25
    Interest Accrued But Not Due32.926.053.354.572.85
    Share Application Money0.000.000.000.000.00
    Current maturity of Debentures & Bonds0.000.000.000.000.00
    Current maturity - Others0.000.000.000.000.00
    Other Liabilities454.53333.51266.66259.95194.59
Short Term Borrowings727.82626.33510.5557.57322.97
    Secured ST Loans repayable on Demands560.59472.27510.5557.57322.97
    Working Capital Loans- Sec560.59472.27510.5557.57322.97
    Buyers Credits - Unsec0.000.000.000.000.00
    Commercial Borrowings- Unsec0.000.000.000.000.00
    Other Unsecured Loans-393.36-318.22-510.55-57.57-322.97
Short Term Provisions42.739.2114.1412.9021.05
    Proposed Equity Dividend0.000.000.000.000.00
    Provision for Corporate Dividend Tax0.000.000.000.000.00
    Provision for Tax7.160.0010.115.798.54
    Provision for post retirement benefits8.445.454.047.1212.51
    Preference Dividend0.000.000.000.000.00
    Other Provisions27.133.760.000.000.00
Total Current Liabilities1862.711317.251119.39548.77881.29
Total Liabilities6555.805653.255163.014443.454580.10
ASSETS
Gross Block5148.084892.154384.064222.823288.39
Less: Accumulated Depreciation2396.562087.391811.801589.931372.32
Less: Impairment of Assets0.000.000.000.000.00
Net Block2751.522804.772572.262632.901916.07
Lease Adjustment A/c0.000.000.000.000.00
Capital Work in Progress111.7710.403.476.36468.10
Non Current Investments153.19157.88131.70116.8068.90
Long Term Investment153.19157.88131.70116.8068.90
    Quoted0.000.000.000.000.00
    Unquoted153.19157.88131.70116.8068.90
Long Term Loans & Advances105.20124.75122.66155.15146.18
Other Non Current Assets1.843.913.656.175.98
Total Non-Current Assets3123.513101.712833.732917.392605.21
Current Assets Loans & Advances
Currents Investments50.0176.97127.5556.41494.58
    Quoted50.0176.97127.5556.41494.58
    Unquoted0.000.000.000.000.00
Inventories1634.161161.161096.87594.39824.88
    Raw Materials797.89472.51522.67197.02284.60
    Work-in Progress136.04109.01142.44102.03104.39
    Finished Goods550.06418.28343.27228.76366.74
    Packing Materials0.000.000.000.000.00
    Stores  and Spare129.6198.9688.4664.6569.15
    Other Inventory20.5762.400.031.930.00
Sundry Debtors813.65627.35416.33280.66413.77
    Debtors more than Six months19.8315.435.130.000.00
    Debtors Others808.55625.87414.88284.34417.45
Cash and Bank548.72242.47323.27159.6150.36
    Cash in hand0.330.500.570.550.45
    Balances at Bank548.40241.97322.70159.0649.91
    Other cash and bank balances0.000.000.000.000.00
Other Current Assets25.9750.2537.13263.9644.42
    Interest accrued on Investments0.000.009.200.000.00
    Interest accrued on Debentures0.000.000.000.000.00
    Deposits with Government0.000.000.000.000.00
    Interest accrued and or due on loans0.000.001.561.761.48
    Prepaid Expenses6.195.015.014.685.14
    Other current_assets19.7845.2521.36257.5337.80
Short Term Loans and Advances359.78393.34328.12171.04146.90
    Advances recoverable in cash or in kind67.53148.85150.3368.1195.70
    Advance income tax and TDS0.000.000.000.000.00
    Amounts due from directors0.000.000.000.000.00
    Due From Subsidiaries0.000.000.000.000.00
    Inter corporate deposits0.000.000.000.000.00
    Corporate Deposits0.000.000.000.000.00
    Other Loans & Advances292.25244.49177.80102.9351.19
Total Current Assets3432.292551.542329.271526.061974.90
Net Current Assets (Including Current Investments)1569.571234.291209.89977.291093.61
Miscellaneous Expenses not written off0.000.000.000.000.00
Total Assets6555.805653.255163.014443.454580.10
Contingent Liabilities43.2565.2647.2839.341880.05
Total Debt1325.701251.471046.24736.57992.87
Book Value111.1698.7692.0185.0777.86
Adjusted Book Value111.1698.7692.0185.0777.86

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.