SG Mart
- Market cap
- ₹ 9,991 Cr.
- P/E
- 80.5x
- P/B
- 5.97x
- 52-week range
- 313.1 – 860.6
- ROE
- 8%
- ROCE
- 10%
- Dividend yield
- 0%
- Debt / equity
- 0.17
- Sector
- Metals & Minerals Trading
- Industry
- Trading - Metals
- Listed on
- NSE, BSE
About
SG Mart Limited provides a business-to-business (B2B) platform. The Company provides a range of construction-related solutions from brands under one roof. It is in the business of trading of building material products. Its network, with warehouses in Pune, Bangalore, Dujana, and Raipur, ensures accessibility and distribution of products to its customers. It features brands, such as APL Apollo SG TMT Bars, SG Premium, Havells, and Kajaria. It offers a range of products, including TMT Bar, Mesh Net, Binding Wire, Welding Rod, Steel Tube, Sanitaryware, Bath fittings, Laminates, Galvanized Sheet, HR Coil and Sheet, All Ceramic Range of Tiles, Premium Tiles Adhesive and Grouts, and Double Charge Tiles division. Its products also include home appliances, lighting for domestic, commercial and industrial applications, led lighting, fans, modular switches and wiring accessories, water heaters, industrial & domestic circuit protection switchgear, and industrial and domestic cables and wires.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Trading - Metals: 12 companies →SG Mart 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)80.5 against a typical 20.2: pricier than most peers (1st = cheapest).9th of 11
- Sales growth+14.4% against a typical +39.2% from a year earlier.8th of 11
- Profit growth+43.8% against a typical +43.8% from a year earlier.6th of 11
- Share price, 3 months+13.3% against a typical +3.2%.3rd of 11
- Size₹ 9,990.5 Cr. market value against a typical ₹ 220.6 Cr. (1st = largest).1st of 11
Latest announcements
Exchange filings and their impact on the company.
- SG Mart granted 94,000 stock options at Rs 640, implying negligible ~0.07% dilution.
SG Mart's Nomination and Remuneration Committee on October 27, 2026 granted 94,000 employee stock options convertible into 94,000 equity shares of Re 1 each under its 2023 ESOP scheme. The exercise price was fixed at Rs 640 per option, with vesting as per the scheme and exercise within one year of last vesting. The grant is very small at about 0.07% of outstanding shares and has no meaningful near-term financial impact beyond staff retention.
- H1 profit almost equals last full year as margins jump, despite softer sales.
SG Mart reported Q2 FY27 consolidated revenue of Rs 1561.8 cr, down from Rs 1704.3 cr a year ago but up from Rs 1308.6 cr last quarter, with H1 profit of Rs 99.6 cr versus Rs 54.4 cr last year. The board also approved tiny related-party stakes in SG Enterprise Solutions for Rs 1.22 lakh and APL Apollo Foundation for Rs 2.5 lakh, plus up to Rs 10 cr more into its Buildkart subsidiary. During the quarter it had completed the Rs 75 cr buy of Tanwar Cargo Solutions which owns about 10 acres in Palwal. Stronger margins mean profits are running at nearly double last year's pace.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA- | Stable | 16 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 16 Sep 2026 | ▲ Upgrade2 notches | Crisil A/Watch Positive → Crisil AA- | — | CRISIL | ₹ 940 Cr. | |
| 18 Jun 2026 | Reaffirmed | Crisil A → Crisil A/Watch Positive | — | CRISIL | ₹ 940 Cr. | |
| 27 Mar 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 940 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 27 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 20 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended June 30, 2026 |
| 4 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 23 Jan 2026 | Financial Results | To consider and approve the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and nine months period ended December 31, 2025. |
| 30 Oct 2025 | Financial Results | To consider and approve the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended 30th September 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 506 | 748 | 1,278 | 1,134 | 1,793 | 1,335 | 1,595 | 1,144 | 1,704 | 1,644 | 1,823 | 1,309 |
| Expenses | 495 | 731 | 1,246 | 1,109 | 1,778 | 1,313 | 1,558 | 1,108 | 1,676 | 1,628 | 1,767 | 1,250 |
| Operating Profit | 11 | 17 | 32 | 25 | 15 | 22 | 37 | 36 | 28 | 17 | 56 | 59 |
| OPM % | 2.2% | 2.3% | 2.5% | 2.2% | 0.8% | 1.6% | 2.3% | 3.1% | 1.6% | 1% | 3.1% | 4.5% |
| Other Income | 1 | 10 | 21 | 19 | 20 | 26 | 20 | 20 | 19 | 18 | 12 | 10 |
| Interest | 0 | 3 | 8 | 8 | 13 | 10 | 14 | 12 | 12 | 17 | 10 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 4 | 4 | 4 |
| Profit before tax | 12 | 23 | 44 | 36 | 22 | 37 | 42 | 43 | 33 | 14 | 54 | 58 |
| Tax % | 25% | 26% | 25% | 27% | 26% | 25% | 21% | 24% | 20% | 21% | 23% | 22% |
| Net Profit | 9 | 17 | 34 | 26 | 16 | 28 | 33 | 32 | 27 | 11 | 41 | 46 |
| EPS in Rs | 1.12 | 1.53 | 3.01 | 2.36 | 1.42 | 2.5 | 2.95 | 2.56 | 2.11 | 0.85 | 3.29 | 3.62 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 139%
- 5 Years
- —
- 3 Years
- —
- TTM
- 10%
- 10 Years
- 96%
- 5 Years
- —
- 3 Years
- —
- TTM
- 14%
- 10 Years
- —
- 5 Years
- 154%
- 3 Years
- 68%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| SG Mart | ₹ 804.90 | ₹ 9,991 Cr. | 80.5x | 6x | 8% | — |
| Adani Power | ₹ 182.00 | ₹ 70,196 Cr. | 32.2x | 6.4x | 21.2% | 23.9% |
| Power Grid Corporation of India | ₹ 247.20 | ₹ 2,29,911 Cr. | 14.1x | 2.6x | 16.5% | 40% |
| Adani Green Energy | ₹ 1,185.00 | ₹ 1,95,190 Cr. | 129.2x | 12.5x | 10.3% | 12.1% |
| Adani Energy Solutions | ₹ 1,219.85 | ₹ 1,49,972 Cr. | 90.2x | 8.1x | 9.6% | 8.5% |
| Siemens Energy India | ₹ 2,649.00 | ₹ 94,586 Cr. | 109x | 27.5x | 30.2% | 15% |
Management
- Sachin Kumar
- Compliance Officer, Company Secretary
- Amit Thakur
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.