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Earnings Call

Sarthak Metals Earnings Call: Key Takeaways

Sarthak Metals Q4FY26 revenue rose 29% YoY to ₹61.99cr, with PAT surging 123% to ₹1.49cr. Strategy focuses on core cored wire growth and welding segment expansion.

Highlights
Revenue growth29% YoY in Q4FY26; 28% total income growth.
MarginsEBITDA margin improved to 4.04% in Q4FY26 from 2.84% YoY.
Order bookIncreasing repeat orders from dealers for welding brands.
Demand visibilityRobust demand from fabrication and construction sectors for welding.
Management confidenceHigh on steel market attractiveness and welding division momentum.

Growth

Q4FY26 revenue up 29% YoY; PAT up 123% YoY. Cored wire volumes grew 32% YoY.

Outlook

Aiming for ₹25cr annual welding sales next year. Evaluating biotechnology opportunities while maintaining capital discipline.

Risks

Persistent unfair competition and pricing distortions in specialised downstream products; overcapacity in the ethanol biotechnology segment.

Source

Earnings Call filed with NSE, NSE: SMLT. Summary written with AI assistance from the document.

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Sarthak Metals Ltd: key numbers

Share price
₹59.35
Market cap
₹81.25 Cr
Revenue (annual)
₹192.2 Cr
Net profit (annual)
₹4.61 Cr
P/E (TTM)
16.6×Sector 19.0×
Promoter holding
68.81%+0.00% QoQ
FII holding
0.14%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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