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: 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: Why is Sarthak Global Ltd falling/rising?

As of 12-Feb, Sarthak Global Ltd's stock price is rising, currently at Rs 32.25, reflecting a change of 1.53 (4.98%) upwards. This increase can be attributed to several factors. The stock has outperformed the sector by 4.71% today and has experienced consecutive gains over the last three days, accumulating a total return of 15.72% during this period. Additionally, the stock opened with a gap up of 4.98%, indicating strong initial demand.In terms of performance relative to the benchmark, Sarthak Global Ltd has shown a significant increase of 16.30% over the past month, while the Sensex has decreased by 0.24%. This suggests that investor sentiment towards Sarthak Global Ltd is currently positive compared to the broader market.However, it is important to note that there has been a decline in investor participation, with delivery volume dropping by 96.23% against the 5-day average, which could indicate a potential concern for future trading activity. Despite this, the stock remains liquid enough for trading, based on its average traded value.Overall, the combination of recent strong performance, positive sector comparison, and a notable opening gain contributes to the current rise in Sarthak Global Ltd's stock price.

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 indicate a troubling trend. Additionally, with a high debt-to-equity ratio of 4.54, the financial leverage poses a considerable risk.The return on equity is also low at 4.88%, suggesting that the company is not generating sufficient profitability for shareholders. Furthermore, the stock has underperformed the market over the last year, and the flat results reported in December 2025 do not inspire confidence.Given these factors, holding or buying more shares would likely not be prudent at this time. Selling may be the best course of action to mitigate potential losses.

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

1.73 k (40.69%) 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

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

Why is Sarthak Global Ltd falling/rising?

12-Feb-2026

As of 12-Feb, Sarthak Global Ltd's stock price is rising to Rs 32.25, up 4.98% due to strong performance and positive investor sentiment, despite a significant drop in delivery volume. The stock has outperformed the sector and the benchmark, indicating favorable market conditions.

View full answer

Should I buy, sell or hold Sarthak Global Ltd?

13-Feb-2026

Which are the latest news on Sarthak Global?

13-Feb-2026

Are Sarthak Global Ltd latest results good or bad?
Sarthak Global Q3 FY26: Revenue Collapse and Mounting Losses Raise Serious Concerns

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 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 Dec 25

Risky - Negative EBITDA

Underperformed the market in the last 1 year

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

Industry

Steel/Sponge Iron/Pig Iron

Market cap

INR 10 Cr (Micro Cap)

P/E

18.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

4.08

Return on Equity

24.17%

Price to Book

4.59

Revenue and Profits:

Net Sales:

0 Cr

(Quarterly Results - Dec 2025)

Net Profit:

0 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-46.15%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

461.36%

5 Years

545.26%

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

Are Sarthak Global Ltd latest results good or bad?

Sarthak Global Ltd's latest financial results for Q3 FY26 indicate significant operational challenges. The company reported net sales of ₹0.10 crores, which reflects a drastic year-on-year decline of 97.28% from ₹3.68 crores in the same quarter last year. Although there was a marginal sequential improvement of 11.11% from the previous quarter's ₹0.09 crores, this remains substantially below the ₹3.55 crores recorded in Q4 FY25. The net profit for the quarter was a loss of ₹0.07 crores, marking a return to losses after a breakeven performance in Q2 FY26. The operating margin stood at a deeply negative 60.00%, worsening from the previous quarter's negative 33.33%. Additionally, the profit after tax margin deteriorated to negative 70.00%, highlighting severe operational distress. The financial metrics indicate that Sarthak Global is struggling with a significant revenue sustainability crisis, as employee cos...

Read full news article

Sarthak Global Q3 FY26: Revenue Collapse and Mounting Losses Raise Serious Concerns

Sarthak Global Ltd., a micro-cap steel and sponge iron company with a market capitalisation of ₹9.22 crores, reported deeply concerning third-quarter results for FY2026, with net sales collapsing to just ₹0.10 crores and the company slipping into losses of ₹0.07 crores. The dramatic 97.28% year-on-year revenue decline and negative operating margins paint a troubling picture of a company in severe operational distress, despite a modest 4.99% uptick in share price to ₹30.72 following the results announcement.

Read full news article

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

Announcements

Announcement under Regulation 30 (LODR)-Newspaper Publication

12-Feb-2026 | Source : BSE

Intimation-Newspaper Publication regarding Financial Statement for the Quarter and Nine Month Ended 31.12.2025.

Board Meeting Outcome for Meeting Of Board Of Directors Held On 11.02.2026.

11-Feb-2026 | Source : BSE

Outcome of Board Meeting held today 11.02.2026.

Financial Results For The Quarter And Nine Month Ended 31.12.2025.

11-Feb-2026 | Source : BSE

Financial Results for the Quarter and Nine Month Ended 31.12.2025.

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

4.36

EV to EBIT

-17.80

EV to EBITDA

-17.80

EV to Capital Employed

1.66

EV to Sales

3.90

PEG Ratio

Dividend Yield

ROCE (Latest)

-7.47%

ROE (Latest)

24.17%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Mildly Bearish

Bullish

RSI

Bullish

No Signal

Bollinger Bands

Mildly Bearish

Mildly Bullish

Moving Averages

Mildly Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

Mildly Bearish

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 (3.98%)

Individual Investors Holdings

13.92%

Financial

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

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

Exceptional Items

0.00

Standalone Net Profit

-0.07

0.00

Operating Profit Margin (Excl OI)

-60.00%

-33.33%

-26.67%

Values in Rs Cr.

Compare with Peers

Net Sales

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

Standalone Net Profit

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

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