ALFA Finder| Management target | Revenue 50.0% 2030 |
|---|
| Margins | Structural shift to 4.5% EBITDA margin; aiming for INR 5,000/ton post-integration. |
|---|---|
| Order book | Solar 2-3 months; others are off-the-shelf 24-48 hour turnaround. |
| Demand visibility | Strong visibility from solar, infrastructure, and construction segments. |
| Management confidence | High; guided for 50% CAGR over next 3 years. |
Growth
Service center volumes grew Y-o-Y to 160k tons from 120k tons. Quarterly EBITDA target of INR 300 Cr for FY27.
Outlook
Planned INR 1,500 Cr capex over 2-3 years for 25 service centers and backward integration in Raipur.
Risks
Geopolitical tensions affecting oil/steel prices and seasonality causing Q-o-Q volume dips.
Last quarter's promises, checked
Delivered
- Guided INR 50 Cr business EBITDA → delivered INR 50 Cr (= BEAT)
- Guided 20 days working capital → delivered 20 days (= BEAT)
- Guided 15% ROCE → delivered 15% (= BEAT)
Partly delivered
- Guided INR 300-350 Cr annualized EBITDA → delivered Q1 FY27 run-rate (INR 300 Cr target) (= PARTIAL)
Earnings Call Transcript filed with BSE, NSE: SGMART. Summary written with AI assistance from the document.
SG Mart Ltd: key numbers
- Share price
- ₹911.35
- Market cap
- ₹11,490 Cr
- Revenue (annual)
- ₹6,315 Cr
- Net profit (annual)
- ₹111.1 Cr
- P/E (TTM)
- 75.7×Sector 21.7×
- Promoter holding
- 57.88%-0.02% QoQ
- FII holding
- 3.94%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from SG Mart Ltd
All →SG Mart Annual General Meeting
SG Mart Limited issued a postal ballot notice seeking shareholder approval to appoint Shri Jitendra Agarwal as Non-Executive Independent Director for five years. E-voting runs from 5 November to 4 December 2026.
SG Mart Acquisition Worth ₹0.02 Cr
SG Mart will acquire 25,000 equity shares (16.67%) of APL Apollo Foundation, a Section 8 CSR entity, for Rs.0.02 Crore cash. The deal is a related-party transaction, expected to complete by 31 December 2026.
- Value
- ₹0.02 Cr
- Execution
- Expected to complete by December 31, 2026
SG Mart Acquisition Worth ₹0.01 Cr
SG Mart will acquire 24.5% of SG Enterprise Solutions for ₹0.01 crore cash from a promoter group firm. The target becomes an associate providing group shared services.
- Value
- ₹0.01 Cr
- Execution
- Expected completion by December 31, 2026
SG Mart Earnings Call Transcript: Key Takeaways
SG Mart is aggressively transitioning from pure trading to a higher-margin manufacturing and service center model. While earnings grew 100% YoY in H1, management is navigating commodity volatility and logistics headwinds.
- Call
- Guides 50% growth
SG Mart Employee Stock Options
SG Mart granted 94,000 employee stock options at a ₹640 exercise price. No cash is received at grant, as options vest over time.
- Execution
- Options vest from the grant date per the committee's schedule and are exercisable within 1 year of the last vesting.
SG Mart Investor Presentation: Key Takeaways
Q2FY27 revenue Rs15.6bn (-8% YoY), EBITDA Rs720mn (4.6% margin, +297bps YoY), PAT Rs540mn (+104% YoY). Strategy: scale service centres, solar structures and steel profiles.
- Call
- Guides 50% growth