Sarthak Metals

NSE: SMLTBSE: 540393
Compare with peers
₹ 70.54▼ 0.35 (−0.49%)29 Oct, 03:29 pm IST
Market cap
₹ 101 Cr.
P/E
19.9x
P/B
0.84x
52-week range
56.61 – 121
ROE
4%
ROCE
6%
Dividend yield
0%
Debt / equity
0.05
Sector
Industrial Products
Industry
Iron & Steel Products
Listed on
NSE, BSE

About

Sarthak Metals Limited is focused on manufacturing and export of cored wires and aluminum flipping coils, essential consumables in the field of metallurgy. It operates in one segment: Cored Wires, which are steel tubes filled with a variety of alloys with controlled chemical compositions. Its cored wire products include calcium silicide, calcium iron, calcium aluminum iron, calcium solid wire, lead cored wire, ferro titanium, magnesium ferrosilicon, ferro niobium, among others. Along with cored wires, it offers aluminum flipping coils, flux cored wires, and a wire injection system. Its aluminum flipping coils are used in steel manufacturing and metallurgical processes, serving as deoxidizers, grain refiners, nitride formers, and alloying agents for both flats and structures. It supplies wire injection systems, which are designed to inject cored wires into molten steel for metallurgical process control. It offers a wide range of customized machines based on the clients’ requirements.

Quick check

The five things to look at first. Open one for more.

Sarthak Metals against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)19.9 against a typical 18.9: pricier than most peers (1st = cheapest).75th of 146
  • Sales growth+19.5% against a typical +13.1% from a year earlier.47th of 117
  • Profit growth+25.5% against a typical +26.2% from a year earlier.54th of 105
  • Share price, 3 months+5.6% against a typical −4.5%.41st of 134
  • Size₹ 101.3 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).80th of 135

Board meetings

Results dates and other board meetings. Full calendar

Details
13 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
10 Jul 2026Other business mattersTo consider other business matters
22 May 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026 and other business matters
10 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
12 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters
13 Aug 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2025 and other business matters

Share price

1Y change −28.82%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales777571414644484636486255
Expenses707368394442474435465954
Operating Profit723222122232
OPM %9.3%3.3%3.8%4%4.2%4.7%2.9%3.8%4.5%4.4%4.1%2.8%
Other Income011110110011
Interest000000000000
Depreciation011111111111
Profit before tax722222121222
Tax %22.6%24.2%25.1%10.3%55.9%25.6%43.8%31.9%25.5%27.4%31%35.8%
Net Profit622111111111
EPS in Rs4.021.261.261.020.610.890.490.770.560.951.090.97

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
4%
5 Years
−3%
3 Years
−22%
TTM
9%
Compounded Profit Growth
10 Years
3%
5 Years
−10%
3 Years
−47%
TTM
29%
Stock Price CAGR
10 Years
—
5 Years
4%
3 Years
−35%
TTM
—
Return on Equity
10 Years
15%
5 Years
15%
3 Years
6%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
68.81%
−0.04 pts in a year
FIIs
0.14%
−0.01 pts in a year
Public
31.05%
+0.05 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 19.9xEPS (12 months) ₹ 3.56Median P/E 12.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Sarthak Metals₹ 70.54₹ 101 Cr.19.9x0.8x4%—
Bharat Forge₹ 1,709.60₹ 81,734 Cr.89.6x10.9x11.5%6.5%
Havells India₹ 1,032.00₹ 64,764 Cr.44.1x7.9x—6.9%
Schaeffler India₹ 3,468.00₹ 54,379 Cr.56.2x10.7x—12%
Sterlite Technologies₹ 829.00₹ 42,603 Cr.464.5x11.2x2.6%1.2%
R R Kabel₹ 2,150.60₹ 26,329 Cr.51.2x10.1x20.8%5.1%

Management

Anoop Kumar Bansal
Chairman of the Board, Managing Director
Mayur Bhatt
Chief Executive Officer, Whole Time Director
Pratik Jain
Chief Compliance Officer, Company Secretary
Brinda Sethi
Compliance Officer, Company Secretary
Sanjay Chamanlal Shah
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.