Profit & Loss

STERLING TOOLS LTD.

NSE : STERTOOLSBSE : 530759ISIN CODE : INE334A01023Industry : FastenersHouse : Private
BSE361.05-4.4 (-1.2 %)
PREV CLOSE ( ) 365.45
OPEN PRICE ( ) 364.70
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 18736
TODAY'S LOW / HIGH ( )355.80 366.00
52 WK LOW / HIGH ( )305 429
NSE361.75-5.35 (-1.46 %)
PREV CLOSE( ) 367.10
OPEN PRICE ( ) 364.00
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 361.75 (435)
VOLUME 178264
TODAY'S LOW / HIGH( ) 357.00 366.20
52 WK LOW / HIGH ( )304.35 428
Select year
( in Million)
Particulars
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
INCOME :
  
  
  
  
  
Gross Sales
7870.41
5223.55
3653.05
3642.42
5122.04
     Sales
7776.72
5127.04
3581.04
3600.38
5050.93
     Job Work/ Contract Receipts
     Processing Charges / Service Income
2.57
3.70
     Revenue from property development
     Other Operational Income
91.11
92.81
72.01
42.04
71.11
Less: Excise Duty
Net Sales
7719.78
5095.83
3554.81
3642.42
5122.04
EXPENDITURE :
Increase/Decrease in Stock
-117.25
-102.92
-154.92
140.34
-188.07
Raw Material Consumed
4003.65
2343.29
1369.49
1233.50
2256.56
     Opening Raw Materials
472.51
522.67
197.02
284.60
228.08
     Purchases Raw Materials
4270.21
2293.14
1695.13
1145.92
2313.07
     Closing Raw Materials
739.07
472.51
522.67
197.02
284.60
     Other Direct Purchases / Brought in cost
     Other raw material cost
0.00
0.00
0.00
0.00
0.00
Power & Fuel Cost
470.35
387.75
307.66
281.89
379.30
     Electricity & Power
470.35
387.75
307.66
281.89
379.30
     Oil, Fuel & Natural gas
0.00
0.00
0.00
0.00
0.00
     Coals etc
0.00
0.00
0.00
0.00
0.00
     Other power & fuel
0.00
0.00
0.00
0.00
0.00
Employee Cost
521.13
445.60
379.07
364.15
358.31
     Salaries, Wages & Bonus
464.88
400.67
334.58
326.03
312.51
     Contributions to EPF & Pension Funds
39.81
34.87
33.52
29.09
34.71
     Workmen and Staff Welfare Expenses
16.44
10.06
10.98
9.03
11.10
     Other Employees Cost
0.00
0.00
0.00
0.00
0.00
Other Manufacturing Expenses
1357.48
1003.14
748.24
713.59
1088.03
     Sub-contracted / Out sourced services
228.78
168.29
     Processing Charges
281.42
173.98
278.68
250.84
368.59
     Repairs and Maintenance
226.45
171.56
113.23
131.21
217.47
     Packing Material Consumed
101.53
92.09
63.12
49.15
71.18
     Other Mfg Exp
519.30
397.21
293.22
282.39
430.79
General and Administration Expenses
144.42
104.98
80.49
93.52
105.09
     Rent , Rates & Taxes
13.37
10.81
6.97
6.79
12.20
     Insurance
20.56
18.33
13.29
9.61
7.58
     Printing and stationery
     Professional and legal fees
51.62
43.22
37.53
40.62
27.39
     Traveling and conveyance
33.18
14.63
4.97
21.16
25.03
     Other Administration
25.70
17.99
17.73
15.34
32.89
Selling and Distribution Expenses
201.90
155.85
130.17
117.10
188.65
     Advertisement & Sales Promotion
8.55
7.08
11.53
16.46
12.65
     Sales Commissions & Incentives
     Freight and Forwarding
193.36
148.76
118.64
100.64
176.00
     Handling and Clearing Charges
0.00
0.00
0.00
0.00
0.00
     Other Selling Expenses
0.00
0.00
0.00
0.00
0.00
Miscellaneous Expenses
162.74
92.56
76.67
89.88
74.92
     Bad debts /advances written off
0.17
0.11
1.28
0.14
     Provision for doubtful debts
0.78
10.27
3.21
0.95
     Losson disposal of fixed assets(net)
0.37
8.99
     Losson foreign exchange fluctuations
6.69
4.05
1.23
     Losson sale of non-trade current investments
0.41
     Other Miscellaneous Expenses
154.68
77.77
61.97
89.74
73.96
Less: Expenses Capitalised
Total Expenditure
6744.42
4430.23
2936.87
3033.96
4262.78
Operating Profit (Excl OI)
975.36
665.60
617.94
608.45
859.25
Other Income
29.00
30.27
30.31
62.43
65.45
     Interest Received
14.28
13.67
24.23
3.51
2.83
     Dividend Received
0.01
0.07
13.13
10.71
     Profit on sale of Fixed Assets
3.36
0.41
     Profits on sale of Investments
2.58
6.18
     Provision Written Back
0.12
0.79
1.58
4.52
0.13
     Foreign Exchange Gains
10.47
5.60
     Others
8.65
9.56
4.49
30.40
46.18
Operating Profit
1004.36
695.86
648.25
670.89
924.70
Interest
88.37
68.67
76.03
62.64
36.65
     InterestonDebenture / Bonds
     Interest on Term Loan
     Intereston Fixed deposits
     Bank Charges etc
4.44
3.89
1.62
0.72
2.35
     Other Interest
83.93
64.79
74.40
61.93
34.30
PBDT
915.99
627.19
572.22
608.24
888.05
Depreciation
317.16
273.36
263.77
242.19
190.50
Profit Before Taxation & Exceptional Items
598.83
353.83
308.46
366.06
697.55
Exceptional Income / Expenses
34.43
Profit Before Tax
633.26
347.67
303.38
366.06
697.55
Provision for Tax
154.48
92.31
68.29
55.02
247.73
     Current Income Tax
161.06
108.93
96.06
59.72
236.10
     Deferred Tax
-4.52
-12.08
-9.15
-4.70
11.64
     Other taxes
-2.06
-4.54
-18.62
0.00
0.00
Profit After Tax
478.78
255.36
235.09
311.04
449.82
Extra items
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.01
0.03
0.08
Share of Associate
-6.00
1.36
Other Consolidated Items
Consolidated Net Profit
478.78
255.37
235.12
305.13
451.17
Adjustments to PAT
Profit Balance B/F
2657.32
2438.42
2199.33
1980.04
1615.77
Appropriations
3136.10
2693.79
2434.45
2285.17
2066.95
     General Reserves
     Proposed Equity Dividend
     Corporate dividend tax
14.81
14.81
     Other Appropriation
37.45
36.47
-3.98
-1.02
0.05
Equity Dividend %
100.00
50.00
50.00
100.00
100.00
Earnings Per Share
13.29
7.09
6.53
8.47
12.52
Adjusted EPS
13.29
7.09
6.53
8.47
12.52

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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.