SG Mart

NSE: SGMARTBSE: 512329
Compare with peers
₹ 804.90▲ 2.9 (+0.36%)28 Oct, 03:29 pm IST
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.

  • 27 Oct 2026ESOP/ESOS/ESPSLow impactNeutralPrice +0.4% so far today
    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.

    Filing
  • 27 Oct 2026Outcome of Board MeetingHigh impactVery positivePrice +0.4% so far today
    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.

    Filing

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
AA-
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CRISILCrisil AA-Stable16 Sep 2026
Credit rating actions
RatingDetails
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 2026Financial ResultsTo consider and approve the financial results for the period ended September 30, 2026
20 Jul 2026Financial ResultsTo consider and approve the financial results for the period ended June 30, 2026
4 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
23 Jan 2026Financial ResultsTo 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 2025Financial ResultsTo consider and approve the Unaudited Financial Results (Standalone & Consolidated) of the Company for the quarter and half year ended 30th September 2025

Share price

1Y change +130.83%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5067481,2781,1341,7931,3351,5951,1441,7041,6441,8231,309
Expenses4957311,2461,1091,7781,3131,5581,1081,6761,6281,7671,250
Operating Profit111732251522373628175659
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 Income11021192026202019181210
Interest0388131014121217106
Depreciation000000122444
Profit before tax122344362237424333145458
Tax %25%26%25%27%26%25%21%24%20%21%23%22%
Net Profit91734261628333227114146
EPS in Rs1.121.533.012.361.422.52.952.562.110.853.293.62

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
139%
5 Years
—
3 Years
—
TTM
10%
Compounded Profit Growth
10 Years
96%
5 Years
—
3 Years
—
TTM
14%
Stock Price CAGR
10 Years
—
5 Years
154%
3 Years
68%
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
8%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
57.9%
+21.63 pts in a year
FIIs
1.9%
+0.99 pts in a year
DIIs
4.11%
−1.59 pts in a year
Public
36.09%
−21.04 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 80.5xEPS (12 months) ₹ 9.87Median P/E 47.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
SG Mart₹ 804.90₹ 9,991 Cr.80.5x6x8%—
Adani Power₹ 182.00₹ 70,196 Cr.32.2x6.4x21.2%23.9%
Power Grid Corporation of India₹ 247.20₹ 2,29,911 Cr.14.1x2.6x16.5%40%
Adani Green Energy₹ 1,185.00₹ 1,95,190 Cr.129.2x12.5x10.3%12.1%
Adani Energy Solutions₹ 1,219.85₹ 1,49,972 Cr.90.2x8.1x9.6%8.5%
Siemens Energy India₹ 2,649.00₹ 94,586 Cr.109x27.5x30.2%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.