Sarthak Metals Ltd
SMLT NSE
Sarthak Metals Ltd
IndustrialsNSE: SMLT BSE: 540393 Industrial Products
Key Fundamentals
MicrocapIron & Steel ProductsIndustrial ProductsMarket Cap
₹95.16 Cr
Volatility
Moderate
P/E Ratio
20.06
EBITDA
₹10.00 Cr
Return on Equity
3.71%
Debt to Equity
0
Book Value
₹90.78
EPS
₹7.58
52W High
₹122.85
52W Low
₹56.61
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Sarthak Metals Ltd insights
45 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is almost debt free.
- Stock is trading at 0.74 times its book value
Weaknesses
5- The company has delivered a poor sales growth of -2.81% over past five years.
- Company has a low return on equity of 6.39% over last 3 years.
- Earnings include an other income of Rs.2.70 Cr.
- Dividend payout has been low at 8.84% of profits over last 3 years
- Debtor days have increased from 80.8 to 108 days.
Growth Rate
Revenue Growth
7.29% ↗
Net Income Growth
12.20% ↗
Cash Flow Change
-16180.00% ↘
ROE
8.16% ↗
ROCE
-1.58% ↘
EBITDA Margin (Avg.)
-4.12% ↗
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 81.8 | 77.42 | 75.3 | 70.65 | 40.61 | 45.72 | 44 | 48.08 | 46.22 | 36.31 | 47.73 | 61.99 | 55.21 |
| Expenses | 74.24 | 70.22 | 72.85 | 68 | 38.99 | 43.79 | 41.95 | 46.71 | 44.46 | 34.67 | 45.63 | 59.48 | 53.65 |
| Operating Profit | 7.56 | 7.2 | 2.45 | 2.65 | 1.62 | 1.93 | 2.05 | 1.37 | 1.76 | 1.64 | 2.1 | 2.51 | 1.56 |
| OPM % | 9.24% | 9.3% | 3.25% | 3.75% | 3.99% | 4.22% | 4.66% | 2.85% | 3.81% | 4.52% | 4.4% | 4.05% | 2.83% |
| Other Income | 0.24 | 0.46 | 0.69 | 0.54 | 0.59 | 0.74 | 0.47 | 0.9 | 0.62 | 0.17 | 0.49 | 0.65 | 1.39 |
| Interest | 0.11 | 0.1 | 0.33 | 0.25 | 0.12 | 0.18 | 0.09 | 0.25 | 0.12 | 0.07 | 0.05 | 0.25 | 0.26 |
| Depreciation | 0.43 | 0.44 | 0.54 | 0.63 | 0.53 | 0.61 | 0.79 | 0.81 | 0.69 | 0.72 | 0.75 | 0.75 | 0.62 |
| PBT | 7.26 | 7.12 | 2.27 | 2.31 | 1.56 | 1.88 | 1.64 | 1.21 | 1.57 | 1.02 | 1.79 | 2.16 | 2.07 |
| Tax % | 26.17% | 22.61% | 24.23% | 25.11% | 10.26% | 55.85% | 25.61% | 43.8% | 31.85% | 25.49% | 27.37% | 31.02% | 35.75% |
| Net Profit | 5.35 | 5.51 | 1.73 | 1.73 | 1.4 | 0.83 | 1.22 | 0.67 | 1.06 | 0.76 | 1.3 | 1.49 | 1.33 |
| EPS in Rs | 3.91 | 4.02 | 1.26 | 1.26 | 1.02 | 0.61 | 0.89 | 0.49 | 0.77 | 0.56 | 0.95 | 1.09 | 0.97 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 151 | 128 | 152 | 171 | 189 | 214 | 222 | 457 | 408 | 305 | 178 | 192 | 201 |
| Expenses | 144 | 119 | 143 | 161 | 177 | 203 | 206 | 419 | 368 | 285 | 171 | 184 | 193 |
| Operating Profit | 7 | 9 | 9 | 10 | 12 | 11 | 16 | 38 | 40 | 20 | 7 | 8 | 8 |
| OPM % | 4.9% | 7% | 6% | 6% | 6% | 5% | 7% | 8% | 10% | 6% | 3.9% | 4.1% | 3.9% |
| Other Income | 1 | 1 | 2 | 2 | 2 | 1 | 0 | 4 | 3 | 2 | 3 | 2 | 3 |
| Interest | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 4 | 1 | 1 | 1 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| PBT | 4 | 5 | 6 | 7 | 8 | 6 | 11 | 36 | 40 | 19 | 6 | 7 | 7 |
| Tax % | 32% | 34% | 34% | 32% | 28% | 28% | 26% | 23% | 26% | 27% | 34% | 29% | — |
| Net Profit | 3 | 4 | 4 | 5 | 6 | 5 | 8 | 27 | 30 | 14 | 4 | 5 | 5 |
| EPS in Rs | 2.37 | 2.95 | 2.89 | 3.48 | 4.21 | 3.37 | 5.84 | 20.07 | 21.74 | 10.1 | 3.01 | 3.37 | 3.57 |
| Div. Payout % | 0% | 0% | 17% | 0% | 12% | 15% | 17% | 10% | 9% | 10% | 17% | 0% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 8 | 12 | 19 | 23 | 29 | 32 | 39 | 64 | 91 | 102 | 107 | 111 |
| Borrowings | 24 | 24 | 27 | 26 | 36 | 23 | 32 | 22 | 0 | 0 | 0 | 0 |
| Other Liabilities | 3 | 1 | 3 | 3 | 5 | 7 | 6 | 16 | 5 | 4 | 4 | 13 |
| Total Liabilities | 47 | 49 | 63 | 65 | 84 | 76 | 91 | 116 | 110 | 120 | 124 | 137 |
| Fixed Assets | 6 | 7 | 7 | 9 | 14 | 15 | 14 | 11 | 11 | 15 | 19 | 17 |
| CWIP | 2 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 2 |
| Other Assets | 39 | 40 | 53 | 55 | 69 | 61 | 77 | 104 | 97 | 105 | 104 | 117 |
| Total Assets | 47 | 49 | 63 | 65 | 84 | 76 | 91 | 116 | 110 | 120 | 124 | 137 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 2 | 5 | 4 | 0 | 1 | 17 | -1 | 16 | 35 | 27 | 0 | -33 |
| Investing | -3 | -1 | -2 | 0 | -6 | -3 | -1 | 3 | -2 | -3 | -6 | -2 |
| Financing | 2 | -3 | 6 | 0 | 7 | -17 | 4 | -15 | -26 | -3 | 0 | 6 |
| Net Cash Flow | 0 | 0 | 7 | 0 | 2 | -2 | 2 | 4 | 7 | 20 | -6 | -29 |
| Free Cash Flow | -1 | 3 | 2 | 0 | -5 | 14 | -2 | 19 | 32 | 22 | -7 | -33 |
| CFO/OP | 22 | 77 | 66 | 0 | 28 | 167 | 14 | 66 | 113 | 160 | 27 | -388 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 71 | 71 | 62 | 45 | 48 | 63 | 45 | 47 | 48 | 87 | 108 |
| Inventory Days | 29 | 36 | 29 | 39 | 60 | 45 | 60 | 27 | 16 | 28 | 68 | 94 |
| Days Payable | 4 | 0 | 1 | 2 | 8 | 8 | 1 | 10 | 1 | 0 | 2 | 4 |
| Cash Conversion Cycle | 85 | 106 | 100 | 99 | 97 | 85 | 122 | 63 | 63 | 76 | 152 | 198 |
| Working Capital Days | 28 | 41 | 35 | 57 | 51 | 50 | 65 | 48 | 68 | 79 | 148 | 173 |
| ROCE % | 17% | 19% | 18% | 17% | 17% | 14% | 18% | 40% | 41% | 18% | 6% | 6% |
Documents
1
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
13 Apr - Sarthak Metals says it is not a large corporate; outstanding borrowing was 6.60 crore on 31 March 2026. 13 Apr - Sarthak Metals says it is not a large corporate; outstanding borrowing was 6.60 crore on 31 March 2026.
2
Closure of Trading Window
20 Mar - Trading window closed from 1 April 2026 until 48 hours after March 31, 2026 results declaration. 20 Mar - Trading window closed from 1 April 2026 until 48 hours after March 31, 2026 results declaration.
3
Closure of Trading Window
24 Dec 2025 - Trading window closed from 01 January 2026 until 48 hours after Q4 2025 results. 24 Dec 2025 - Trading window closed from 01 January 2026 until 48 hours after Q4 2025 results.
4
Board Meeting Intimation for Considering The Financial Results For The Quarter And Nine Monhs Ended 31St December, 2025 And Others Matters On Agenda
2 Feb - Board meeting on 10 Feb 2026 to approve unaudited quarter and nine-month results ended 31 Dec 2025; trading window closed. 2 Feb - Board meeting on 10 Feb 2026 to approve unaudited quarter and nine-month results ended 31 Dec 2025; trading window closed.
5
Board Meeting Outcome for Outcome Of Board Meeting Dated 10Th February, 2026 - Unaudited Financial Results Along With Limited Review Report For The Quarter And Nine Months Ended 31St December, 2025.
10 Feb - Board approved unaudited Q3 and nine-month results to Dec 31, 2025; limited review report attached. 10 Feb - Board approved unaudited Q3 and nine-month results to Dec 31, 2025; limited review report attached.
Frequently Asked Questions about Sarthak Metals Ltd
What does Sarthak Metals Ltd do?
Incorporated in 1995, Sarthak Metals Ltd manufactures and sells cored wires, ferro alloys, aluminium wire and related items[1]
Where is Sarthak Metals Ltd (SMLT) listed?
Sarthak Metals Ltd is listed on the Indian stock exchanges. It is listed on NSE: SMLT and BSE: 540393. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Sarthak Metals Ltd belong to?
Sarthak Metals Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Sarthak Metals Ltd?
Sarthak Metals Ltd has a market capitalisation of approximately ₹95.16 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Sarthak Metals Ltd?
The Price-to-Earnings (PE) ratio of Sarthak Metals Ltd is 20.06. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Sarthak Metals Ltd?
Over the past 52 weeks, Sarthak Metals Ltd has traded between a low of ₹56.61 and a high of ₹122.85. This range helps investors understand the stock's price volatility and recent trading levels.
Does Sarthak Metals Ltd pay dividends?
Yes, Sarthak Metals Ltd has a dividend yield of 0.74%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Sarthak Metals Ltd?
Sarthak Metals Ltd has a Return on Equity (ROE) of 3.71%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Sarthak Metals Ltd on Tapetide?
On Tapetide, you can view Sarthak Metals Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1995, Sarthak Metals Ltd manufactures and sells cored wires, ferro alloys, aluminium wire and related items[1]
Website sarthakmetals.com
CEO Mr. Mayur Bhatt
Employees 147
Listed 2021-11-25
Face Value ₹ 10
Issued Size 1,36,89,750