1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Sarthak Metals Ltd

Sarthak Metals Ltd

76.13
INR
+0.53
(+0.70%)
3.59EPS
19.01P/E
934.19MMarket 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
107.22
110.25
93.33
111.16
125.1
138.25
156.44
161
332.57
296.83
222.89
129.51
139.72
148.02
Basic EPS, GAAP
1.9
2.1
2.61
2.89
3.47
4.21
3.38
5.84
20.07
21.74
10.1
3.01
3.37
3.59
Free Cash Flow per Basic Share
3.13
-1.09
2.5
1.35
-1.14
-7.41
10.2
-1.39
10.62
23.36
16.15
-5.38
-24.46
- -
Dividend per Share
- -
- -
- -
- -
0.6
- -
0.6
0.5
2
2
2
- -
0.5
- -
Book Value per Share
12.96
15.02
17.48
23.87
26.74
30.95
33.51
38.79
56.93
76.69
84.8
87.81
90.78
91.66
Tangible Book Value per Share
12.96
15.02
17.48
23.63
26.6
30.86
33.46
38.76
56.91
76.68
84.79
87.81
90.78
91.66
Basic Weighted Avg Shares
14
14
14
14
14
14
14
14
14
14
14
14
14
14
Sales/Revenue/Turnover
1,468
1,509
1,278
1,522
1,713
1,893
2,142
2,204
4,553
4,064
3,052
1,773
1,913
2,012
Operating Margin (%)
7.33
7.64
6.58
5.68
5.25
5.53
4.21
6.29
8.55
9.63
5.89
2.45
3.19
2.47
Depreciation Expense
12
11
10
10
14
16
23
21
17
15
20
28
29
28
Net Income, GAAP
26
29
36
40
48
58
46
80
275
298
138
41
46
49
Effective Tax Rate (%)
32.82
32.23
33.81
33.62
32.34
28.44
27.92
26.24
23.34
26.01
27.09
34.41
29.57
30.83
Profit Margin (%)
1.77
1.9
2.79
2.6
2.78
3.05
2.16
3.63
6.04
7.32
4.53
2.32
2.41
2.42
Working Capital
116
128
157
233
282
300
303
428
676
917
1,016
1,015
912
893
LT Debt
12
7
4
10
23
28
16
44
26
- -
- -
- -
- -
- -
Total Equity
177
206
239
327
366
424
459
531
779
1,050
1,161
1,202
1,243
1,255
Return on Invested Capital (%)
7.74
6.99
7.92
10.8
10.07
10.58
9.49
13.29
31.66
26.99
11.71
2.48
3.13
2.73
Return on Capital (%)
14.32
11.28
11.78
11.54
10.84
11.57
9.49
13.57
32.79
29.7
13.03
3.71
3.83
4.22
Return on Common Equity (%)
17.17
15.01
16.05
13.96
13.73
14.59
10.48
16.15
41.94
32.54
12.51
3.49
3.77
3.96

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
66
52
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
1,181
786
934

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
929
1,023
978
Cash, Cash Equivalents & STI
39
1
2
Accounts Receivable, Net
481
569
533
Inventories
377
392
357
Total Current Liabilities
15
111
85
Payables & Accruals
- -
- -
- -
ST Debt
- -
66
52
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.73%
19.8%
3.38%
Free Cash Flow
-58.01%
-110.21%
354.86%
Net Income, GAAP
24.56%
28.05%
11.92%
Sales/Revenue/Turnover
9.51%
7.38%
7.88%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
406
457
440
481
1,773
2026
462
363
477
620
1,913
2027
552
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.99
0.61
0.92
0.49
3.01
2026
0.77
0.57
0.95
1.09
3.37
2027
0.97
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
0.5
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Mayur Bhatt
Full Time Employees
149
Sector
Non-energy minerals
Industry
Steel
Address
B.B.C Colony Bhilai CT India 490011
IPO Date
Mar 27, 2017
Website
sarthakmetals.com
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Business
Sarthak Metals Limited manufactures and supplies metallurgical cored wires and ferro alloys primarily catering to the steel manufacturing industry in India and international markets. Its product portfolio includes various types of metallurgical wires such as calcium silicide, calcium iron, calcium solid wire, calcium aluminum iron, lead cored, ferro titanium, carbon, ferro boron, magnesium ferrosilicon, nitride manganese, carbon steel, stainless steel, hardfacing, ferro niobium wires, along with aluminum flipping coils and wire feeder machines. The company serves steel mills, flat and long product manufacturers, automotive-grade steel producers, stainless steel, foundries, shipbuilding, infrastructure and construction, fabrication workshops, mechanical engineering, and hardfacing and surfacing industries. Founded in 1995 and headquartered in Bhilai, Chhattisgarh, Sarthak Metals is an ISO 9001-2015 certified company. Recently, the company has undergone key management changes including the appointment of Narendra Dewangan as Chief Financial Officer in August 2025, reflecting ongoing strategic management refreshment. Sarthak Metals maintains a robust domestic presence with a growing international footprint, leveraging advanced manufacturing capacity and rigorous quality control systems to maintain its status as a preferred supplier to major steel companies across India and abroad. The company also focuses on aluminum wire rods manufactured through recycling processes, enhancing its product sustainability profile. Its operations emphasize precision metallurgy solutions via wire injection technology to optimize steel properties and manufacturing outcomes. This positions Sarthak Metals as a significant player in metal fabrication and ancillary steel processing industries, continually expanding its technological and market reach.