Sarthak Global

  • Market Cap: Micro Cap
  • Industry: Steel/Sponge Iron/Pig Iron
  • ISIN: INE075H01019
  • NSEID:
  • BSEID: 530993
INR
38.20
1.69 (4.63%)
BSENSE

May 21

BSE+NSE Vol: 12

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: Sarthak Global will declare its result soon on 23 May 2026
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

12 (-87.01%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

72.34%

How has been the historical performance of Sarthak Global?

15-Nov-2025

Sarthak Global's historical performance has seen significant declines in net sales and profitability, with net sales dropping from 98.95 Cr in March 2020 to 7.23 Cr by March 2025, and consistent negative operating profits. However, total liabilities decreased and cash flow from operating activities improved to 2.00 Cr in March 2025.

Answer:<BR>The historical performance of Sarthak Global shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Sarthak Global's net sales peaked at 98.95 Cr in March 2020 but have since declined sharply, reaching only 7.23 Cr by March 2025. The total operating income followed a similar trend, dropping from 99.28 Cr in March 2020 to 7.23 Cr in March 2025. The company has consistently reported negative operating profits, with an operating profit margin excluding other income deteriorating from -1.56% in March 2019 to -18.12% in March 2025. Profit before tax has remained low, with a slight increase from 0.07 Cr in March 2024 to 0.09 Cr in March 2025, while profit after tax also showed a modest rise from 0.02 Cr to 0.03 Cr in the same period. The total liabilities decreased from 26.96 Cr in March 2020 to 17.09 Cr in March 2025, indicating a reduction in debt levels. Cash flow from operating activities improved to 2.00 Cr in March 2025, up from 1.00 Cr in March 2024, reflecting a positive cash flow trend despite the overall decline in sales. The company's book value per share has shown a slight increase, reaching 5.64 in March 2025, compared to 5.54 in March 2024.

View full answer

Are Sarthak Global Ltd latest results good or bad?

11-Feb-2026

Sarthak Global Ltd's latest Q3 FY26 results are concerning, showing a net loss of ₹0.07 crores and a 97.28% year-on-year revenue decline to ₹0.10 crores, indicating severe operational challenges and a bleak outlook for the company.

Sarthak Global Ltd's latest results for Q3 FY26 are quite concerning. The company reported a net loss of ₹0.07 crores, marking a return to losses after a breakeven performance in the previous quarter. This is a significant decline compared to the same quarter last year, where the company had a net profit of ₹0.00 crores.<BR><BR>Revenue has plummeted to ₹0.10 crores, which represents a staggering 97.28% decrease year-on-year. Although there was a slight sequential improvement of 11.11% from the previous quarter, this is still alarmingly low compared to the ₹3.68 crores reported in Q3 FY25. <BR><BR>The operating margin stands at a deeply negative 60.00%, indicating that the company is losing money on every rupee of revenue generated. Additionally, the profit after tax margin has deteriorated to negative 70.00%, reflecting severe operational challenges.<BR><BR>Overall, the financial performance indicates that Sarthak Global is in a critical state, facing existential risks due to its inability to generate sustainable revenue and manage its high debt levels. The outlook appears bleak unless there is a significant turnaround in operations.

View full answer

Should I buy, sell or hold Sarthak Global Ltd?

13-Feb-2026

When is the next results date for Sarthak Global Ltd?

19-May-2026

The next results date for Sarthak Global Ltd is 23 May 2026.

The next results date for Sarthak Global Ltd is scheduled for 23 May 2026.

View full answer

Why is Sarthak Global Ltd falling/rising?

21-May-2026

As of 20-May, Sarthak Global Ltd's stock price is currently at 36.51, reflecting a recent upward trend with a 0.58% increase and an 8.36% gain over the last two days. However, it has declined 5.39% over the past month and 12.47% year-to-date, alongside a significant drop in investor participation.

As of 20-May, Sarthak Global Ltd's stock price is rising, as indicated by a current price of 36.51, which reflects a change of 0.21 (0.58%) upward. The stock has shown a positive performance today, outperforming its sector by 3.44%. It has been gaining for the last two days, with an impressive return of 8.36% during this period. Additionally, the stock opened with a significant gain of 4.93% today and reached an intraday high of Rs 38.09.<BR><BR>Despite these positive movements, there are some concerning indicators. The stock's performance over the past month shows a decline of 5.39%, and year-to-date, it has fallen by 12.47%. Furthermore, there has been a notable decrease in investor participation, with delivery volume dropping by 99.65% compared to the 5-day average. This suggests that while the stock is currently experiencing a rise, there are underlying issues that could affect its stability moving forward.

View full answer

Which are the latest news on Sarthak Global?

21-May-2026

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -28.80% and Operating profit at -21.40% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) of 4.54 times
  • The company has been able to generate a Return on Equity (avg) of 4.88% signifying low profitability per unit of shareholders funds
2

Flat results in Dec 25

 
3

Risky - Negative EBITDA

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Steel/Sponge Iron/Pig Iron

stock-summary
Market cap

INR 11 Cr (Micro Cap)

stock-summary
P/E

22.00

stock-summary
Industry P/E

26

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

4.08

stock-summary
Return on Equity

24.17%

stock-summary
Price to Book

5.33

Revenue and Profits:
Net Sales:
0 Cr
(Quarterly Results - Dec 2025)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
8.77%
0%
8.77%
6 Months
-24.3%
0%
-24.3%
1 Year
80.27%
0%
80.27%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
599.63%
0%
599.63%
5 Years
704.21%
0%
704.21%

Sarthak Global for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Board Meeting Intimation for Meeting Of Board Of Directors Scheduled To Be Held On Saturday 23Rd Day Of May 2026.

18-May-2026 | Source : BSE

Sarthak Global Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/05/2026 inter alia to consider and approve 1. Audited Standalone Financial Results of the Company for the Quarter and Year ended 31st March 2026 pursuant to Regulation 33 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015 as amended along with Auditors Report along with modified/unmodified opinion on the Audited Standalone Financial Results for the Quarter and Year ended 31st March 2026. 2. Any other incidental and ancillary matters as may be decided by the Board.

Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

09-Apr-2026 | Source : BSE

Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanySarthak Global Ltd
2CIN NO.L99999MH1985PLC136835
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: ANKIT JOSHI
Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER
EmailId: sgl@sarthakglobal.com
Name of the Chief Financial Officer: PINKESH GUPTA
Designation: CFO
EmailId: sgl@sarthakglobal.com

Date: 09/04/2026

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2

09-Apr-2026 | Source : BSE

Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company Sarthak Global Ltd
2 CIN NO. L99999MH1985PLC136835
3 Report filed for FY 2025-2026
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* Not Applicable
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 0
8Quantum of (d) which has been met from (c)(e)* 0
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* 0


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)Not Applicable
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-ANKIT JOSHI
Designation :-COMPANY SECRETARY AND COMPLIANCE OFFICER
Name of the Chief Financial Officer :- PINKESH GUPTA
Designation : -CFO

Date: 09/04/2026

Corporate Actions stock-summary

stock-summary
BOARD MEETING

23 May 2026

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
-28.80%
EBIT Growth (5y)
-21.40%
EBIT to Interest (avg)
-1.68
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
4.08
Sales to Capital Employed (avg)
0.97
Tax Ratio
16.67%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-12.06%
ROE (avg)
4.88%

Valuation key factors

Factor
Value
P/E Ratio
22
Industry P/E
26
Price to Book Value
5.43
EV to EBIT
-20.06
EV to EBITDA
-20.06
EV to Capital Employed
1.87
EV to Sales
4.40
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-7.47%
ROE (Latest)
24.17%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Gagandeep Exports Pvt. Ltd. (13.84%)

Highest Public shareholder

Patanjali Foods Limited (3.98%)

Individual Investors Holdings

14.04%

stock-summaryFinancial
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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
0.10
0.09
11.11%
Operating Profit (PBDIT) excl Other Income
-0.06
-0.03
-100.00%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.07
0.00
Operating Profit Margin (Excl OI)
-60.00%
-33.33%
-26.67%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2025 is 11.11% vs -89.02% in Sep 2025

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is 0.00% vs -100.00% in Sep 2025

Half Yearly Results Snapshot (Standalone) - Sep'25stock-summary

Sep'25
Sep'24
Change(%)
Net Sales
0.91
3.05
-70.16%
Operating Profit (PBDIT) excl Other Income
0.52
-0.17
405.88%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.41
-0.21
295.24%
Operating Profit Margin (Excl OI)
57.14%
-5.57%
62.71%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is -70.16% vs 1,505.26% in Sep 2024

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2025 is 295.24% vs -520.00% in Sep 2024

Nine Monthly Results Snapshot (Standalone) - Dec'25stock-summary

Dec'25
Dec'24
Change(%)
Net Sales
1.01
6.73
-84.99%
Operating Profit (PBDIT) excl Other Income
0.46
-0.27
270.37%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.34
-0.32
206.25%
Operating Profit Margin (Excl OI)
45.54%
-4.01%
49.55%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2025 is -84.99% vs 968.25% in Dec 2024

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2025 is 206.25% vs -420.00% in Dec 2024

Annual Results Snapshot (Standalone) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
7.23
4.07
77.64%
Operating Profit (PBDIT) excl Other Income
-1.31
-1.34
2.24%
Interest
1.08
0.92
17.39%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.03
0.02
50.00%
Operating Profit Margin (Excl OI)
-18.12%
-32.92%
14.80%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 77.64% vs -15.38% in Mar 2024

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2025 is 50.00% vs 100.48% in Mar 2024

stock-summaryCompany CV
About Sarthak Global Ltd stock-summary
stock-summary
Sarthak Global Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Sarthak Global Limited was originally incorporated with the Registrar of Companies at Gwalior, in the State of Madhya Pradesh on April 19, 1985 in the name of 'Patel Leasing & Finance Private Limited' by an Industrialist Shri A. C. Patel based at Indore and by Shri V .V. Hirde. The name of the Company was changed to Avanti Finance Limited on June 23, 1992 and on the same day it was converted into Public Limited Company.
Company Coordinates stock-summary
Company Details
609 Floor-6 Tulsiani Chambers, West Wing Nariman Point Mumbai Maharashtra : 400021
stock-summary
Tel: 91-022-22824851
stock-summary
Registrar Details
Sarthak Global Ltd, 170/10 , R N T Marg, (Film Colony), Indore