About
Sarthak Metals Limited manufactures, sells, and exports cored wires and aluminum flipping coils in India and internationally. The company offers 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, and ferro niobium wires, as well as aluminum flipping coils. It also offers wire injection Systems, such as 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. Sarthak Metals Limited was incorporated in 1995 and is headquartered in Bhilai, India.
Key Metrics
as of Sep 2026Market Cap90 Cr
P/E18.40
Div Yield0.76 %
Book Value₹91.70
52w High₹123.00
52w Low₹56.60
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 55.21 | 61.99 | 47.73 | 36.31 | 46.22 | 48.08 | 44.00 | 45.72 | 40.61 | 70.65 | 75.30 | 77.42 | 81.80 |
| Expenses | 53.65 | 59.48 | 45.63 | 34.67 | 44.46 | 46.71 | 41.95 | 43.79 | 38.99 | 68.00 | 72.85 | 70.22 | 74.24 |
| Operating Profit | 1.56 | 2.51 | 2.10 | 1.64 | 1.76 | 1.37 | 2.05 | 1.93 | 1.62 | 2.65 | 2.45 | 7.20 | 7.56 |
| OPM % | 2.83 | 4.05 | 4.40 | 4.52 | 3.81 | 2.85 | 4.66 | 4.22 | 3.99 | 3.75 | 3.25 | 9.30 | 9.24 |
| Other Income | 1.39 | 0.65 | 0.49 | 0.17 | 0.62 | 0.90 | 0.47 | 0.74 | 0.59 | 0.54 | 0.69 | 0.46 | 0.24 |
| Depreciation | 0.62 | 0.75 | 0.75 | 0.72 | 0.69 | 0.81 | 0.79 | 0.61 | 0.53 | 0.63 | 0.54 | 0.44 | 0.43 |
| Interest | 0.26 | 0.25 | 0.05 | 0.07 | 0.12 | 0.25 | 0.09 | 0.18 | 0.12 | 0.25 | 0.33 | 0.10 | 0.11 |
| Profit before tax | 2.07 | 2.16 | 1.79 | 1.02 | 1.57 | 1.21 | 1.64 | 1.88 | 1.56 | 2.31 | 2.27 | 7.12 | 7.26 |
| Tax % | 35.75 | 31.02 | 27.37 | 25.49 | 31.85 | 43.80 | 25.61 | 55.85 | 10.26 | 25.11 | 24.23 | 22.61 | 26.17 |
| Net Profit | 1.33 | 1.49 | 1.30 | 0.76 | 1.06 | 0.67 | 1.22 | 0.83 | 1.40 | 1.73 | 1.73 | 5.51 | 5.35 |
| EPS in Rs | 0.97 | 1.09 | 0.95 | 0.56 | 0.77 | 0.49 | 0.89 | 0.61 | 1.02 | 1.26 | 1.26 | 4.02 | 3.91 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 192.00 | 178.00 | 305.00 | 408.00 | 457.00 | 222.00 | 214.00 | 189.00 | 171.00 | 152.00 | 128.00 | 151.00 |
| Expenses | 184.00 | 171.00 | 285.00 | 368.00 | 419.00 | 206.00 | 203.00 | 177.00 | 161.00 | 143.00 | 119.00 | 144.00 |
| Operating Profit | 8.00 | 7.00 | 20.00 | 40.00 | 38.00 | 16.00 | 11.00 | 12.00 | 10.00 | 9.00 | 9.00 | 7.00 |
| OPM % | 4.10 | 3.90 | 6.00 | 10.00 | 8.00 | 7.00 | 5.00 | 6.00 | 6.00 | 6.00 | 7.00 | 4.90 |
| Other Income | 2.00 | 3.00 | 2.00 | 3.00 | 4.00 | 0.00 | 1.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 |
| Interest | 0.00 | 1.00 | 1.00 | 1.00 | 4.00 | 3.00 | 4.00 | 4.00 | 3.00 | 4.00 | 3.00 | 3.00 |
| Depreciation | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 7.00 | 6.00 | 19.00 | 40.00 | 36.00 | 11.00 | 6.00 | 8.00 | 7.00 | 6.00 | 5.00 | 4.00 |
| Tax % | 29.00 | 34.00 | 27.00 | 26.00 | 23.00 | 26.00 | 28.00 | 28.00 | 32.00 | 34.00 | 34.00 | 32.00 |
| Net Profit | 5.00 | 4.00 | 14.00 | 30.00 | 27.00 | 8.00 | 5.00 | 6.00 | 5.00 | 4.00 | 4.00 | 3.00 |
| EPS in Rs | 3.37 | 3.01 | 10.10 | 21.74 | 20.07 | 5.84 | 3.37 | 4.21 | 3.48 | 2.89 | 2.95 | 2.37 |
| Dividend Payout % | 0.00 | 17.00 | 10.00 | 9.00 | 10.00 | 17.00 | 15.00 | 12.00 | 0.00 | 17.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 14.00 | 12.00 | 12.00 |
| Reserves | 111.00 | 107.00 | 102.00 | 91.00 | 64.00 | 39.00 | 32.00 | 29.00 | 23.00 | 19.00 | 12.00 | 8.00 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 22.00 | 32.00 | 23.00 | 36.00 | 26.00 | 27.00 | 24.00 | 24.00 |
| Other Liabilities | 13.00 | 4.00 | 4.00 | 5.00 | 16.00 | 6.00 | 7.00 | 5.00 | 3.00 | 3.00 | 1.00 | 3.00 |
| Total Liabilities | 137.00 | 124.00 | 120.00 | 110.00 | 116.00 | 91.00 | 76.00 | 84.00 | 65.00 | 63.00 | 49.00 | 47.00 |
| Fixed Assets | 17.00 | 19.00 | 15.00 | 11.00 | 11.00 | 14.00 | 15.00 | 14.00 | 9.00 | 7.00 | 7.00 | 6.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 2.00 | 1.00 | 2.00 |
| Investments | 2.00 | 0.00 | 0.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Other Assets | 117.00 | 104.00 | 105.00 | 97.00 | 104.00 | 77.00 | 61.00 | 69.00 | 55.00 | 53.00 | 40.00 | 39.00 |
| Total Assets | 137.00 | 124.00 | 120.00 | 110.00 | 116.00 | 91.00 | 76.00 | 84.00 | 65.00 | 63.00 | 49.00 | 47.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -33.00 | 0.00 | 27.00 | 35.00 | 16.00 | -1.00 | 17.00 | 1.00 | 0.00 | 4.00 | 5.00 | 2.00 |
| Cash from Investing Activity | -2.00 | -6.00 | -3.00 | -2.00 | 3.00 | -1.00 | -3.00 | -6.00 | 0.00 | -2.00 | -1.00 | -3.00 |
| Cash from Financing Activity | 6.00 | 0.00 | -3.00 | -26.00 | -15.00 | 4.00 | -17.00 | 7.00 | 0.00 | 6.00 | -3.00 | 2.00 |
| Net Cash Flow | -29.00 | -6.00 | 20.00 | 7.00 | 4.00 | 2.00 | -2.00 | 2.00 | 0.00 | 7.00 | 0.00 | 0.00 |
| Free Cash Flow | -33.00 | -7.00 | 22.00 | 32.00 | 19.00 | -2.00 | 14.00 | -5.00 | 0.00 | 2.00 | 3.00 | -1.00 |
| CFO/OP % | -388.00 | 27.00 | 160.00 | 113.00 | 66.00 | 14.00 | 167.00 | 28.00 | 0.00 | 66.00 | 77.00 | 22.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 108.00 | 87.00 | 48.00 | 47.00 | 45.00 | 63.00 | 48.00 | 45.00 | 62.00 | 71.00 | 71.00 | 60.00 |
| Inventory Days | 94.00 | 68.00 | 28.00 | 16.00 | 27.00 | 60.00 | 45.00 | 60.00 | 39.00 | 29.00 | 36.00 | 29.00 |
| Days Payable | 4.00 | 2.00 | 0.00 | 1.00 | 10.00 | 1.00 | 8.00 | 8.00 | 2.00 | 1.00 | 0.00 | 4.00 |
| Cash Conversion Cycle | 198.00 | 152.00 | 76.00 | 63.00 | 63.00 | 122.00 | 85.00 | 97.00 | 99.00 | 100.00 | 106.00 | 85.00 |
| Working Capital Days | 173.00 | 148.00 | 79.00 | 68.00 | 48.00 | 65.00 | 50.00 | 51.00 | 57.00 | 35.00 | 41.00 | 28.00 |
| ROCE % | 6.00 | 6.00 | 18.00 | 41.00 | 40.00 | 18.00 | 14.00 | 17.00 | 17.00 | 18.00 | 19.00 | 17.00 |
Corporate Actions
11 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 11 Jul 2025 | 11 Jul 2025 | — | 0.50 | |
| Other | 12 Aug 2024 | — | — | — | Annual General Meeting |
| Dividend | 22 Dec 2023 | 22 Dec 2023 | — | 1.00 | |
| Dividend | 09 Aug 2023 | — | — | 1.00 | |
| Dividend | 30 Dec 2022 | 30 Dec 2022 | — | 1.00 | |
| Dividend | 25 Aug 2022 | — | — | 1.00 | |
| Dividend | 12 Jan 2022 | 13 Jan 2022 | — | 1.00 | |
| Dividend | 03 Sep 2021 | — | — | 1.00 | |
| Dividend | 31 Aug 2020 | — | — | 0.50 | |
| Dividend | 19 Aug 2019 | — | — | 0.50 | |
| Dividend | 21 Jul 2017 | — | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update28 Sep 2023 from crisil
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Rating update8 Aug 2023 from crisil
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Rating update17 Nov 2022 from crisil
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Rating update1 Feb 2022 from crisil
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Rating update8 Sep 2021 from icra
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Rating update31 May 2021 from crisil