Share Price | Sarthak Global Ltd Stock Analysis & Recommendation

Q: When is the next results date for Sarthak Global?

Sarthak Global will declare its results on 14 November 2025.

Q: How has been the historical performance of Sarthak Global?

Answer:The historical performance of Sarthak Global shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.Breakdown: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.

Q: Should I buy, sell or hold Sarthak Global Ltd?

Based on the current situation of Sarthak Global Ltd, it would be advisable to consider selling your shares. The company is facing significant challenges, including operating losses and weak long-term fundamental strength. The negative growth rates in net sales and operating profit over the past five years are concerning, alongside a high debt-to-equity ratio of 4.54 times, indicating a risky financial position.While the stock has performed well over the past year, generating a return of 76.96%, this has not translated into substantial profit growth, as profits have only risen by 1%. Additionally, the negative EBITDA suggests ongoing operational difficulties. Given these factors, holding onto or buying more shares could expose you to further risk. Therefore, selling may be the most prudent course of action at this time.

Q: Why is Sarthak Global Ltd falling/rising?

As of 02-Feb, Sarthak Global Ltd's stock price is currently at 33.02, reflecting a slight increase of 0.02 (0.06%). Despite this minor rise, the stock has shown a significant decline over the longer term, with a year-to-date decrease of 20.83% and a one-month decline of 12.30%. This underperformance is notable when compared to the Sensex, which has only fallen by 4.17% year-to-date and 4.78% over the past month.Today's performance indicates that the stock has underperformed its sector by 1.14%. The trading activity has been erratic, with the stock not trading on one day out of the last 20 days. Although there has been a rise in investor participation, as evidenced by a 104.71% increase in delivery volume on January 30 compared to the five-day average, the overall sentiment remains cautious due to the company's weak long-term fundamentals.The company is facing significant challenges, including operating losses and a high debt-to-equity ratio of 4.54 times, which indicates a precarious financial position. Furthermore, net sales have declined at an annual rate of 28.80%, and operating profit has decreased by 21.40% over the last five years. The return on equity is also low at 4.88%, suggesting limited profitability for shareholders.In summary, while there is a slight uptick in the stock price today, the broader context of declining sales, high debt, and weak profitability contributes to a negative outlook for Sarthak Global Ltd, overshadowing the minor price increase.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

119 (-62.95%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

72.63%

When is the next results date for Sarthak Global?

07-Nov-2025

Sarthak Global will announce its results on 14 November 2025.

View full answer

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.

View full answer

Should I buy, sell or hold Sarthak Global Ltd?

17-Jan-2026

Why is Sarthak Global Ltd falling/rising?

03-Feb-2026

As of 02-Feb, Sarthak Global Ltd's stock price is at 33.02, with a slight increase of 0.06%. However, the stock has significantly underperformed over the long term, with a year-to-date decline of 20.83% and ongoing challenges such as high debt and declining sales, leading to a negative outlook.

View full answer

Which are the latest news on Sarthak Global?

03-Feb-2026

Sarthak Global Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals
Sarthak Global Ltd Opens with Strong Gap Up, Reflecting Positive Market Sentiment

Compare Sarthak Global with Similar Stocks

Jindal Stain.Aditya Ispat Lloyds Metals

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

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) at 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

Flat results in Sep 25

Risky - Negative EBITDA

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Steel/Sponge Iron/Pig Iron

Market cap

INR 10 Cr (Small Cap)

P/E

20.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

4.08

Return on Equity

22.27%

Price to Book

4.69

Revenue and Profits:

Net Sales:

0 Cr

(Quarterly Results - Sep 2025)

Net Profit:

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-52.13%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

474.54%

5 Years

560.42%

Sarthak Global for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Sarthak Global Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals

Sarthak Global Ltd’s investment rating has been upgraded from Strong Sell to Sell, reflecting a nuanced shift in its technical outlook amid persistent fundamental challenges. While the company’s financial performance remains subdued with operating losses and high leverage, recent technical indicators suggest a mildly bullish trend, prompting a reassessment of its market stance.

Read full news article

Sarthak Global Ltd Opens with Strong Gap Up, Reflecting Positive Market Sentiment

Sarthak Global Ltd commenced trading on 14 Jan 2026 with a significant gap up, opening at Rs 29.41, marking a 5.0% increase from its previous close. This robust start underscores a positive market sentiment despite the stock’s recent underperformance over the past month.

Read full news article

Sarthak Global Ltd Downgraded to Strong Sell Amid Weak Fundamentals and Technical Setbacks

Sarthak Global Ltd has seen its investment rating downgraded from Sell to Strong Sell as of 13 January 2026, reflecting deteriorating technical indicators and persistently weak financial fundamentals. The company’s Mojo Score has declined to 23.0, signalling heightened risk for investors amid sideways technical trends and poor long-term growth metrics.

Read full news article

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

03-Jan-2026 | Source : BSE

Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 as amended for the Quarter Ended December 31 2025.

Closure of Trading Window

27-Dec-2025 | Source : BSE

Intimation of Closure of Trading Window

Announcement under Regulation 30 (LODR)-Newspaper Publication

15-Nov-2025 | Source : BSE

Newspaper Publication for the Standalone Financial Results for the Quarter and Half Year Ended 30.09.2025.

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

-28.80%

EBIT Growth (5y)

-21.40%

EBIT to Interest (avg)

Debt to EBITDA (avg)

1.57

Net Debt to Equity (avg)

4.08

Sales to Capital Employed (avg)

Tax Ratio

Tax Ratio is Negative%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

-7.88%

ROE (avg)

4.88%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

4.46

EV to EBIT

-18.01

EV to EBITDA

-18.01

EV to Capital Employed

1.68

EV to Sales

2.21

PEG Ratio

Dividend Yield

ROCE (Latest)

-7.47%

ROE (Latest)

22.27%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

No Trend

OBV

Mildly Bullish

Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

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. (14.13%)

Highest Public shareholder

Patanjali Foods Limited (0.04%)

Individual Investors Holdings

13.92%

Financial

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Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ

Sep'25

Jun'25

Change(%)

Net Sales

0.09

0.82

-89.02%

Operating Profit (PBDIT) excl Other Income

-0.03

0.55

-105.45%

Interest

0.00

Exceptional Items

0.00

Standalone Net Profit

0.00

0.42

-100.00%

Operating Profit Margin (Excl OI)

-33.33%

67.07%

-100.40%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Sep 2025 is -89.02% vs -76.90% in Jun 2025

Standalone Net Profit

QoQ Growth in quarter ended Sep 2025 is -100.00% vs 162.50% in Jun 2025

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

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

Exceptional Items

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.

Compare with Peers

Net Sales

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

Standalone Net Profit

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

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Dec'24

Dec'24

Dec'22

Change(%)

Net Sales

6.73

0.63

968.25%

Operating Profit (PBDIT) excl Other Income

-0.27

-0.21

-28.57%

Interest

0.00

0.04

-100.00%

Exceptional Items

0.00

Standalone Net Profit

-0.32

0.10

-420.00%

Operating Profit Margin (Excl OI)

-4.01%

-33.33%

29.32%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in nine months ended Dec 2024 is 968.25% vs -86.57% in Dec 2022

Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -420.00% vs 42.86% in Dec 2022

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

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

Standalone Net Profit

0.03

0.02

50.00%

Operating Profit Margin (Excl OI)

-18.12%

-32.92%

14.80%

Values in Rs Cr.

Compare with Peers

Net Sales

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

Standalone Net Profit

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

All Annual Results

Company CV

About Sarthak Global Ltd

Sarthak Global Ltd

Small 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

Company Details

609 Floor-6 Tulsiani Chambers, West Wing Nariman Point Mumbai Maharashtra : 400021

Tel: 91-022-22824851

http://www.sarthakglobal.com

Registrar Details

Sarthak Global Ltd, 170/10 , R N T Marg, (Film Colony), Indore

Sarthak Global

1Day

52 Week

CASH

FII

DII

Promoter

When is the next results date for Sarthak Global?

Watch in Real-Time

How has been the historical performance of Sarthak Global?

Should I buy, sell or hold Sarthak Global Ltd?

Why is Sarthak Global Ltd falling/rising?

Which are the latest news on Sarthak Global?

Compare Sarthak Global with Similar Stocks

MarketsMojo — Loved in India, Now Global

Dashboard

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

Flat results in Sep 25

Risky - Negative EBITDA

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

Sarthak Global Ltd Upgraded to Sell on Technical Improvements Despite Weak Fundamentals

Sarthak Global Ltd Opens with Strong Gap Up, Reflecting Positive Market Sentiment

Sarthak Global Ltd Downgraded to Strong Sell Amid Weak Fundamentals and Technical Setbacks

Announcements

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

Closure of Trading Window

Announcement under Regulation 30 (LODR)-Newspaper Publication

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Dec 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Standalone) - Sep'25 - QoQ

Half Yearly Results Snapshot (Standalone) - Sep'25

Nine Monthly Results Snapshot (Standalone) - Dec'24

Annual Results Snapshot (Standalone) - Mar'25

About Sarthak Global Ltd

Company Coordinates