Sarthak Metals Limited

BSE: SMLT540393ISIN INE017W01010

Industrials
Iron & Steel Products

Share price

₹70.99-0.01 (-0.01%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹121.00
52W low: ₹56.65
Off 52W high: -41.33%
1M return: -10.39%
3M return: +0.44%
6M return: -3.87%
1Y return: -33.44%
20D avg volume: 1,602
50 DMA: ₹68.17
200 DMA: ₹70.20

Key ratios Standalone

Market cap: ₹97.18 Cr
Current price: ₹70.99
52W high / low: ₹121.00 / ₹56.65
Face value: ₹10.00
P/E: 19.94
P/B: 0.82
EPS (TTM): ₹3.56
Book value / share: ₹86.57
ROE: 4.13%
ROCE: 5.60%
Operating margin: 5.34%
Net margin: 2.41%
Debt / equity: 0.05
Net debt: ₹6.53 Cr
Interest cover: 14.37
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 179.4 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	55.21	61.99	47.73	36.31	46.22	48.09	44.00	45.73	40.61	—
	1.39	0.65	0.49	0.17	0.62	0.90	0.47	0.74	0.59	—
	56.61	62.64	48.22	36.48	46.85	48.98	44.47	46.47	41.20	—
	54.53	60.48	46.43	35.45	45.28	47.78	42.83	44.59	39.65	—
	45.66	46.53	38.23	27.39	38.58	38.11	35.78	39.36	34.40	—
	45.66	2.95	0.00	0.00	0.00	0.00	—	—	—	—
	3.88	4.27	3.72	3.60	3.24	3.94	2.83	2.27	2.24	—
	0.26	0.25	0.05	0.07	0.12	0.25	0.09	0.18	0.12	—
	0.62	0.75	0.75	0.72	0.69	0.81	0.79	0.61	0.53	—
	3.78	5.85	3.83	3.02	3.72	3.56	2.81	2.57	3.44	—
	2.07	2.16	1.79	1.03	1.56	1.20	1.64	1.88	1.56	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	2.07	2.16	1.79	1.03	1.56	1.20	1.64	1.88	1.56	—
	0.74	0.67	0.49	0.27	0.50	0.53	0.42	1.05	0.16	—
	1.33	1.49	1.30	0.76	1.06	0.67	1.22	0.83	1.40	—
	0.97	1.09	0.95	0.57	0.77	0.49	0.92	0.61	0.99	—
Key metrics
	2.95	3.16	2.59	1.82	2.37	2.26	2.52	2.67	2.21	—
	5.30%	5.10%	5.40%	5.00%	5.10%	4.70%	5.70%	5.80%	5.40%	—
	2.40%	2.40%	2.70%	2.10%	2.30%	1.40%	2.80%	1.80%	3.40%	—
	—	1.90%	—	0.90%	—	1.20%	—	—	—	—
	19.50%	28.90%	8.50%	-20.60%	13.80%	—	—	—	—	—
	25.50%	122.40%	6.60%	-8.40%	-24.30%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	201.24	192.25	178.42	—
	2.70	2.05	2.70	—
	203.95	194.30	181.12	—
	196.89	187.75	174.84	—
	157.81	150.73	147.65	—
	48.61	2.95	0.00	—
	15.47	14.82	11.28	—
	0.63	0.49	0.64	—
	2.84	2.91	2.75	—
	16.48	16.52	12.38	—
	7.05	6.55	6.28	—
	0.00	0.00	0.00	—
	7.05	6.55	6.28	—
	2.17	1.94	2.16	—
	4.88	4.61	4.12	—
	3.58	3.37	3.01	—
Key metrics
	10.52	9.95	9.67	—
	5.23%	5.20%	5.40%	—
	2.42%	2.40%	2.30%	—
	—	5.60%	5.70%	—
	9.35%	7.80%	—	—
	29.10%	11.90%	—	—
	—	-33.48	-7.36	—
	—	-7.06	-0.05	—
	—	0.05	0.00	—
	—	6.53	-2.37	—
	—	179.4	141.0	—
Balance sheet
	—	137.01	124.44	—
	—	102.30	104.16	—
	—	0.07	2.37	—
	—	56.85	42.46	—
	—	39.24	27.42	—
	—	6.11	5.11	—
	—	17.27	19.40	—
	—	1.57	0.99	—
	—	11.10	2.70	—
	—	6.60	0.00	—
	—	6.60	0.00	—
	—	0.00	0.00	—
	—	124.28	120.21	—
Cash flow
	—	-32.56	-0.19	—
	—	-2.14	-5.67	—
	—	5.64	-0.40	—
	—	0.92	7.17	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +9.35%
Profit YoY (TTM): +29.10%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 68.82%

Holder	Type	Holding	Previous	Change
MANOJ KUMAR BANSAL	Promoter	27.63%	—	—
ANOOP KUMAR BANSAL	Promoter	8.37%	—	—
SANJAY CHAMANLAL SHAH	Promoter	7.96%	—	—
KISHORE KUMAR BANSAL	Promoter	5.41%	—	—
DESHRAJ BANSAL HUF	Promoter Group	3.94%	—	—
METAL GRACE INJECTION ALLOYS PRIVATE LIMITED	Promoter Group	3.54%	—	—
Mayur Bhatt	Public	3.32%	—	—
SHALINI SANJAY SHAH	Promoter Group	2.94%	—	—
CHAMANLAL KHUSHALJI SHAH HUF	Promoter Group	2.89%	—	—
SANJU BANSAL	Promoter Group	1.73%	—	—
MANOJ KUMAR BANSAL HUF	Promoter Group	1.56%	—	—
ANOOP KUMAR BANSAL HUF .	Promoter Group	1.05%	—	—
SIDDHARTH SANJAY SHAH	Promoter Group	0.84%	—	—
SAGAR SANJAY SHAH	Promoter Group	0.84%	—	—
SIMMI BANSAL	Promoter Group	0.10%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—
Sarthak Metals Limited S	97	70.99	19.94	5.60%	+9.35% TTM	+29.10% TTM	-33.44%

Filings & corporate actions

Recent announcements

Sarthak Metals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve 1. To consider and take on record ....3 Nov 2026 · Board Meeting / Board Meeting
Please find attached herewith the clarification letter.7 Oct 2026 · Company Update / General
The Exchange has sought clarification from Sarthak Metals Ltd on October 06, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....6 Oct 2026 · Company Update / Clarification
Pursuant to SEBI (PIT) Regulation, 2015, please find attached herewith the Closure of Trading Window Intimation for the Quarter and Half Year ended 30th September, 2026.22 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we regret to inform that Mr. Narendra Dewangan, Chief Financial Ofiicer of the Company has passed away.9 Sep 2026 · Company Update / Cessation
Pursuant to SEBI (LODR) Regulations, 2015, please find attached herewith the outcome of 31st Annual General Meeting.20 Aug 2026 · AGM/EGM / AGM
Pursuant to Regulation 44 of SEBI (LODR) Regulations, 2015 please find attached herewith Scrutinizers Report.19 Aug 2026 · AGM/EGM / AGM
Pursuant to SEBI (LODR), Regulations, 2015, please find attached herewith the AGM Outcome.19 Aug 2026 · AGM/EGM / AGM
With reference to the outcome of Board Meeting dated 13th August, 2026. we hereby file the revised financials.18 Aug 2026 · Company Update / General
Pursuant to Regulation 30 of SEBI(LODR) Regulations, 2015, please find attached herewith the Investor Presentation for Q1 of FY 2026-27.14 Aug 2026 · Company Update / Investor Presentation
Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, please find attached herewith the Newspaper Publication.14 Aug 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby wish to inform you that the Board of Directors ....13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Sarthak Metals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve Financial Results for the Quarter ....3 Aug 2026 · Board Meeting / Board Meeting
Please find attached herewith the Newspaper publication of Notice of 31st AGM, Annual Report and e-voting.20 Jul 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 34(1) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Integrated Annual ....18 Jul 2026 · Others / Reg. 34 (1) Annual Report
Pursuant to Regulation 34 of SEBI (LODR) Regulations, 2015, please find attached herewith the Integrated Annual Report 2025-26.18 Jul 2026 · AGM/EGM / AGM
1. Appointed Mrs. Ushasree Bhagavatula (DIN: 11480507) as additional Independent Women Director on the Board of the Company. 2. Approval of the draft Notice for the 31st Annual General ....10 Jul 2026 · Board Meeting / Outcome of Board Meeting
Sarthak Metals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/07/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 (1) ....1 Jul 2026 · Board Meeting / Board Meeting
Pursuant to PIT Regulations, 2015, please find attached herewith the Intimation of Trading Window Closure.22 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Please find attached herewith the Investor Presentation for FY ended 31st March, 202623 May 2026 · Company Update / Investor Presentation
Please find attached herewith the newspaper publication.23 May 2026 · Company Update / Newspaper Publication
Please find attached herewith the Annual Secretarial Compliance Report for FY 2025-26.22 May 2026 · Company Update / General
Pursuant to Regulation 30 of SEBI (LODR) Regulations, please find attached herewith the amended policy.22 May 2026 · Company Update / General
Pursuant to Regulation 30 SEBI (LODR), 2015, please find attached herewith the amended policy on material disclosures.22 May 2026 · Company Update / General
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby wish to inform you that the Board of Directors ....22 May 2026 · Board Meeting / Outcome of Board Meeting
Sarthak Metals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 22/05/2026 ,inter alia, to consider and approve Pursuant to Regulation 29 (1) ....12 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....13 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Pursuant to SEBI (PIT) Regulation, 2015, please find attached herewith the Closure of Trading Window intimation.20 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regualtion 30 of SEBI (LODR) Regulations, 2015, please find attached herewith the investor presentation.11 Feb 2026 · Company Update / Investor Presentation
Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, please find attached herewith the copies of the newspaper publication.11 Feb 2026 · Company Update / Newspaper Publication
Pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby wish to inform you that the Board of Directors ....10 Feb 2026 · Board Meeting / Outcome of Board Meeting
Sarthak Metals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/02/2026 ,inter alia, to consider and approve considering the Financial Results ....2 Feb 2026 · Board Meeting / Board Meeting
Pursuant to PIT Regulations, 2015, please find attached herewith the Intimation Closure of Trading Window24 Dec 2025 · Insider Trading / SAST / Closure of Trading Window
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 please find attached herewith the outcome of postal ballot.15 Dec 2025 · Company Update / Amendments to Memorandum & Articles of Association
Pursuant to Regulation 30 and 44 of SEBI LODR Regulations, 2015, please find attached herewith the scrutinizers report.15 Dec 2025 · AGM/EGM / Postal Ballot
Pursuant to regulation 30 of SEBI (LODR) Regulations, 2015, please find attached herewith the earnings call transcript.14 Nov 2025 · Company Update / Earnings Call Transcript
Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find mentioned the link of the audio video ....13 Nov 2025 · Company Update / Analyst / Investor Meet
Pursuant to regulation 47 of SEBI (LODR) Regulations, 2015, please find attached herewith the newspaper publication of postal ballot notice.13 Nov 2025 · Company Update / Newspaper Publication
Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, please find attached herewith the Newspaper Advertisement.13 Nov 2025 · Company Update / Newspaper Publication
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, please find attached herewith the Investor Presentation.13 Nov 2025 · Company Update / Investor Presentation

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 0.5000	11 Jul 2025	11 Jul 2025	—

Board meetings

13 Nov 2026 Board Meeting - Financial Results
13 Aug 2026 Board Meeting - Financial Results