Share Price | Sarthak Global Ltd Stock Analysis & Recommendation

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: Are Sarthak Global Ltd latest results good or bad?

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.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. 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.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.

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 annual decline in net sales of -28.80% and a decrease in operating profit of -21.40% over the last five years indicate poor growth prospects. Additionally, the high debt-to-equity ratio of 4.54 times suggests that the company is heavily leveraged, which can be risky for investors. With a return on equity of only 4.88%, the profitability per unit of shareholders' funds is low. The recent earnings per share (EPS) of Rs -1.13 and a negative EBITDA of Rs -0.76 crore further highlight the company's financial difficulties. Given these factors, holding or buying more shares could expose you to unnecessary risk, especially since the stock is trading at risky levels compared to its historical valuations. Therefore, selling might be the most prudent course of action at this time.

Q: Why is Sarthak Global Ltd falling/rising?

As of 02-Jun, Sarthak Global Ltd's stock price is currently stable at 41.00, showing no change (0.00%). Over the past week, the stock has not experienced any price movement, maintaining a performance of +0.00%, while the benchmark Sensex has fallen by -1.79%. In the last month, Sarthak Global Ltd has seen a significant increase of +22.90%, contrasting with the Sensex's decline of -2.94%. Year-to-date, the stock has decreased by -1.70%, which is notably better than the Sensex's drop of -12.40%. Over a five-year period, Sarthak Global Ltd has shown remarkable growth, with a return of +763.16%, compared to the Sensex's +43.97%. Today's trading performance indicates that the stock underperformed its sector by -0.29%. However, it is noteworthy that Sarthak Global is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 1238.61% on 26 May compared to the 5-day average. Overall, while the stock price remains unchanged today, the positive trends in longer-term performance and increased investor activity suggest a generally favorable outlook for Sarthak Global Ltd.

Results Declared: Sarthak Global has declared results on 23 May 2026! Click here to unlock the latest financial performance

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

4 (-96.19%) 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.

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.

View full answer

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.

View full answer

Should I buy, sell or hold Sarthak Global Ltd?

24-May-2026

Why is Sarthak Global Ltd falling/rising?

03-Jun-2026

As of 02-Jun, Sarthak Global Ltd's stock price is stable at 41.00, with no change today. Despite a year-to-date decrease of -1.70%, the stock has shown significant long-term growth and increased investor participation, indicating a favorable outlook.

View full answer

Which are the latest news on Sarthak Global?

03-Jun-2026

When is the next results date for Sarthak Global Ltd?

Compare Sarthak Global with Similar Stocks

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

With HIgh Debt (Debt-Equity Ratio at 5.22 times)- the company has a Weak Long Term Fundamental Strength

Poor long term growth as Net Sales has grown by an annual rate of -44.50% 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

Flat results in Mar 26

Risky - Negative EBITDA

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Steel/Sponge Iron/Pig Iron

Market cap

INR 12 Cr (Micro Cap)

P/E

1,230.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

5.22

Return on Equity

0.59%

Price to Book

7.24

Revenue and Profits:

Net Sales:

4 Cr

(Quarterly Results - Mar 2026)

Net Profit:

0 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

10.57%

6 Months

4.41%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

650.92%

5 Years

763.16%

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

When is the next results date for Sarthak Global Ltd?

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

Read full news article

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

25-May-2026 | Source : BSE

Intimation of Newspaper Publication related to Publication of Extract of Audited Standalone Financial Results for the Quarter and Year Ended 31.03.2026.

Intimation Of Non-Applicability Of Related Party Transaction Provision For The Half Year Ended 31.03.2026.

23-May-2026 | Source : BSE

Intimation of Non-applicability of Related Party Transaction Provisions for the half year ended 31.03.2026.

Announcement under Regulation 30 (LODR)-Change in Management

23-May-2026 | Source : BSE

Intimation of Change in Management - Re-appointment of Internal Auditor.

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)

-44.50%

EBIT Growth (5y)

13.39%

EBIT to Interest (avg)

-1.68

Debt to EBITDA (avg)

Negative Net Debt

Net Debt to Equity (avg)

5.22

Sales to Capital Employed (avg)

1.00

Tax Ratio

16.67%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

ROCE (avg)

-10.61%

ROE (avg)

4.88%

Valuation key factors

Factor

Value

P/E Ratio

1230

Industry P/E

Price to Book Value

7.24

EV to EBIT

-21.17

EV to EBITDA

-21.17

EV to Capital Employed

2.00

EV to Sales

4.06

PEG Ratio

Dividend Yield

ROCE (Latest)

-5.96%

ROE (Latest)

0.59%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

No Trend

OBV

No Trend

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

Shareholding

Shareholding Snapshot : Mar 2026

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. (13.84%)

Highest Public shareholder

Patanjali Foods Limited (3.98%)

Individual Investors Holdings

14.04%

Financial

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Quarterly Results Snapshot (Standalone) - Mar'26 - QoQ

Mar'26

Dec'25

Change(%)

Net Sales

4.21

0.10

4,110.00%

Operating Profit (PBDIT) excl Other Income

-1.09

-0.06

-1,716.67%

Interest

0.59

0.00

Exceptional Items

0.00

Standalone Net Profit

-0.34

-0.07

-385.71%

Operating Profit Margin (Excl OI)

-25.89%

-60.00%

34.11%

Values in Rs Cr.

Compare with Peers

Net Sales

QoQ Growth in quarter ended Mar 2026 is 4,110.00% vs 11.11% in Dec 2025

Standalone Net Profit

QoQ Growth in quarter ended Mar 2026 is -385.71% vs 0.00% in Dec 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'25

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

Exceptional Items

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.

Compare with Peers

Net Sales

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

Standalone Net Profit

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

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

5.22

7.23

-27.80%

Operating Profit (PBDIT) excl Other Income

-0.63

-1.31

51.91%

Interest

0.59

1.08

-45.37%

Exceptional Items

0.00

Standalone Net Profit

0.01

0.03

-66.67%

Operating Profit Margin (Excl OI)

-12.07%

-18.12%

6.05%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is -27.80% vs 77.64% in Mar 2025

Standalone Net Profit

YoY Growth in year ended Mar 2026 is -66.67% vs 50.00% in Mar 2025

All Annual Results

Company CV

About Sarthak Global Ltd

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

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