Sarthak Industries Limited

Sarthak Industries Limited

BBSE:SARTHAKIND
24.39
INR
-0.81
(-3.21%)
3.06EPS
8.28P/E
235.55MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
125.72
103.11
105.24
173.41
129.61
120.49
102.84
143.72
176.12
62.72
32.75
219.91
303.69
327.48
Basic EPS, GAAP
-13.67
0.29
0.88
1.52
1.89
0.48
2.92
2.25
1.81
0.82
0.73
3.04
3.75
3.06
Free Cash Flow per Basic Share
-22.77
-1.36
1.34
-1.34
-2.42
5.73
-27.57
-2.8
-3.55
-8.96
-2.18
-16
-24.09
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
32.54
32.56
31.85
32.76
34.59
35
37.18
40.47
42.51
41.77
43.28
45.39
49.15
- -
Tangible Book Value per Share
32.54
32.56
31.85
32.76
34.58
34.99
37.18
40.47
42.5
41.77
43.27
45.39
49.15
- -
Basic Weighted Avg Shares
9
9
9
9
9
9
9
9
9
9
9
9
9
9
Sales/Revenue/Turnover
1,168
958
978
1,611
1,204
1,120
956
1,335
1,636
583
304
2,043
2,822
3,056
Operating Margin (%)
-9.14
-2.03
0.57
0.5
0.24
1.85
1.94
1.84
1.07
-0.01
-5.46
1.72
1.62
0.88
Depreciation Expense
5
6
4
5
7
7
4
7
8
7
5
4
3
3
Net Income, GAAP
-127
3
8
14
18
4
27
21
17
8
7
28
35
29
Effective Tax Rate (%)
- -
34.71
23.22
17.52
18.53
62.11
32.41
28.83
26.49
26.62
24.49
24.24
11.77
29.02
Profit Margin (%)
-10.87
0.28
0.84
0.88
1.46
0.4
2.84
1.57
1.03
1.3
2.22
1.38
1.23
0.94
Working Capital
36
17
-37
-8
70
-15
249
175
142
192
252
274
306
- -
LT Debt
8
2
- -
73
115
1
3
5
8
6
4
3
- -
- -
Total Equity
302
303
296
304
321
325
346
376
395
388
402
422
457
- -
Return on Invested Capital (%)
- -
0.7
2.15
-2.44
0.66
1.44
10.16
4.7
3.13
-0.01
-3
5.93
11.43
- -
Return on Capital (%)
- -
1.99
4.83
6.73
6.7
2.17
9.15
6.35
5.45
2.92
2.47
6.84
8.3
- -
Return on Common Equity (%)
-34.72
0.9
2.74
4.71
5.61
1.39
8.08
5.8
4.36
1.94
1.71
6.86
7.92
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
144
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9
9
9
Market Capitalization
282
211
236

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
912
- -
Cash, Cash Equivalents & STI
- -
8
- -
Accounts Receivable, Net
- -
419
- -
Inventories
- -
298
- -
Total Current Liabilities
- -
606
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
144
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.48%
4.01%
8.29%
Free Cash Flow
-33.97%
157.63%
50.57%
Net Income, GAAP
75.84%
51.13%
23.1%
Sales/Revenue/Turnover
57.75%
103.99%
38.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
76
322
615
1,031
2,043
2026
589
829
432
971
2,822
2027
823
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.27
0.95
1.12
0.74
3.04
2026
1.22
0.34
0.46
1.72
3.75
2027
0.55
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ajay Peshkar
Full Time Employees
28
Sector
Producer manufacturing
Industry
Industrial machinery
Address
214, Trade Centre Indore MP India 452001
IPO Date
Jun 20, 1996
Business
Sarthak Industries Limited manufactures liquefied petroleum gas (LPG) cylinders and engages in merchant trading activities including wholesale of dairy products, edible oils, vanaspati ghee, agricultural commodities, non-agricultural commodities, and opportunistic ventures in mining and mineral-based industries; it supplies LPG cylinders to major oil companies such as Indian Oil Corporation Ltd., Hindustan Petroleum Corporation Ltd., and Bharat Petroleum Corporation Ltd., as well as private entities, with an annual manufacturing capacity of 700,000 cylinders at its facility in Pithampur Industrial Area, District Dhar, Madhya Pradesh. Incorporated in 1982 as Malav Metals Private Limited in Madhya Pradesh, the company converted to public limited status in 1994 as Avanti LPG (India) Limited, changed its name to Sarthak Industries Limited, listed on the BSE in 1996, and maintains its registered office in Mumbai with corporate headquarters at 214 Trade Centre, South Tukoganj, Indore, Madhya Pradesh. It operates primarily in India across the cylinders manufacturing and trading segments, targeting oil marketing companies, wholesalers, and commodity markets. In recent developments, the company formed a partnership firm named Sarthak Solitaire Venture for expanded business activities, reported significant revenue growth with net sales reaching Rs 82.92 crore in September 2025 quarter up 157.85% year-over-year alongside quarterly results approvals in board meetings through 2025, and shifted its registered office within Mumbai in 2014 while issuing bonus shares in a 1:3 ratio in 2022.