| Management target | Revenue 50.0% |
|---|
| Revenue growth | Q2 -8% YoY; H1 +1% YoY; Q2 +19% QoQ |
|---|---|
| Margins | EBITDA margin 4.6% Q2FY27 vs 1.6% Q2FY26 |
| Demand visibility | 50% CAGR visibility claimed over three years |
Growth
H1FY27 revenue Rs28.7bn (+1% YoY), EBITDA Rs1.3bn (+105%), PAT Rs996mn (+69%). Q2 revenue up 19% QoQ.
Outlook
Management cites 50% CAGR over next 3 years. Vision 2030: 20+ service centres, 15,000+ customers. H1 capex Rs2.46bn.
Risks
Q2 revenue down 8% YoY; H1 free cash flow negative Rs639mn; service centres run on lease.
Last quarter's promises, checked
Delivered
- Q2 EBITDA ahead of prior-qtr run-rate ('absolute EBITDA definitely superior') → Q2 Rs720mn vs Q1 ~Rs580mn (= BEAT)
Partly delivered
- FY27 absolute EBITDA Rs300cr → H1 Rs1.3bn, 43% of target (= PARTIAL)
- FY27 capex Rs400-500cr → H1 Rs246cr, 49-61% of range (= PARTIAL)
Missed
- Self-funded capex from operating cash flow, no fresh capital → H1 FCF -Rs639mn (= MISS)
- Service-centre YoY growth focus → segment -8% YoY (= MISS)
Investor Presentation filed with NSE, NSE: SGMART. Summary written with AI assistance from the document.
SG Mart Ltd: key numbers
- Share price
- ₹804.90
- Market cap
- ₹10,148 Cr
- Revenue (annual)
- ₹6,315 Cr
- Net profit (annual)
- ₹111.1 Cr
- P/E (TTM)
- 66.8×Sector 21.4×
- 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 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 Q2 FY27 Results: Net Profit ₹54 Cr, Up 103.8% YoY
SG Mart Ltd reported revenue from operations of ₹1,562 Cr (-8.4% YoY) and net profit of ₹54 Cr (+103.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹54 Cr · +103.8% YoY
SG Mart Board Meeting Date
SG Mart Limited has scheduled a Board meeting on October 27, 2026, to consider and approve its unaudited financial results for the quarter ending September 30, 2026.