Sarthak Metals

What does Sarthak Metals do?

Sarthak Metals Ltd is a Micro Cap company in the Iron & Steel Products industry, originally incorporated in 1995 and converted to a public company in 2016. As of March 2025, it reported net sales of 48 Cr and a net profit of 1 Cr.

Overview:<BR>Sarthak Metals Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Sarthak Metals Ltd was originally incorporated in 1995 as "Sarthak Metals Marketing Private Limited" in Madhya Pradesh. The company changed its name to "Sarthak Metals Private Limited" in 2016 and subsequently converted to a Public Limited Company, adopting the name "Sarthak Metals Limited." The latest quarterly results report net sales and profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 48 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 174 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 40.00<BR>- Industry P/E: 275<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.23<BR>- Return on Equity: 3.45%<BR>- Price to Book: 1.38<BR><BR>Contact Details:<BR>- Address: BBC Colony GE Road, Khursipar Bhilai Chattisgarh : 490011<BR>- Tel: 91-788-3290584/2296495<BR>- Email: cs@sarthakmetals.com<BR>- Website: http://www.sarthakmetals.com

Who are in the management team of Sarthak Metals?

As of March 2018, the management team of Sarthak Metals includes Anoop Bansal (Chairman and Managing Director), Sanjay Shah, Mayur Bhatt (Whole-time Directors), and several other directors and company secretaries. The team features a mix of executive and independent directors.

As of March 2018, the management team of Sarthak Metals includes the following individuals:<BR><BR>1. Anoop Bansal - Chairman and Managing Director<BR>2. Anoop Kumar Bansal - Chairman & Managing Director<BR>3. Sanjay Shah - Whole-time Director<BR>4. Mayur Bhatt - Whole Time Director<BR>5. Kishore Kumar Bansal - Director<BR>6. Chetan Kumar - Non Executive Independent Director<BR>7. Rama Kohli - Independent Director<BR>8. Itika Singhal - Company Secretary & Compliance Officer<BR>9. Sunil Agarwal - Non Executive Director<BR>10. D V Giri - Director<BR>11. Pratik Jain - Company Secretary<BR><BR>This team encompasses various roles, including executive directors, independent directors, and company secretaries.

Has Sarthak Metals declared dividend?

Sarthak Metals Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of December 22, 2023. While the company has shown significant volatility in total returns, it has experienced negative returns in the short term but substantial positive returns over the longer term.

Sarthak Metals Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 22 Dec 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -20.04%, the dividend return was 0%, resulting in a total return of -20.04%.<BR><BR>Over the past year, the price return was -40.4%, with a dividend return of 0%, leading to a total return of -40.4%.<BR><BR>In the 2-year period, the price return was -29.18%, the dividend return was 0.83%, culminating in a total return of -28.35%.<BR><BR>For the 3-year period, the price return was 26.29%, the dividend return was 4.77%, resulting in a total return of 31.06%.<BR><BR>In the last 4 years, the price return was 214.62%, the dividend return was 11.32%, leading to a total return of 225.94%.<BR><BR>Over the past 5 years, the price return was 645.56%, with a dividend return of 48.51%, resulting in a total return of 694.07%.<BR><BR>Overall, while Sarthak Metals has declared a dividend, the total returns over various periods show significant volatility, with negative returns in the shorter terms but substantial positive returns over the longer term.

Is Sarthak Metals overvalued or undervalued?

As of August 13, 2024, Sarthak Metals is considered overvalued with a PE ratio of 42.28 and poor stock performance, significantly exceeding industry norms and showing a year-to-date return of -17.83% compared to the Sensex's 5.60% gain.

As of 13 August 2024, Sarthak Metals has moved from a fair valuation to very expensive. The company is currently overvalued based on its financial ratios, including a PE Ratio of 42.28, an EV to EBIT of 35.01, and an EV to EBITDA of 21.18. These metrics indicate a significant premium compared to industry norms, suggesting that the stock price does not reflect the underlying earnings potential.<BR><BR>In comparison to its peers, Sarthak Metals stands out with a notably high PE ratio, while other companies in the iron and steel products industry typically exhibit lower valuations. For instance, if we consider similar firms, they often have PE ratios significantly below 40, indicating that Sarthak Metals is trading at a substantial premium. Furthermore, the company's recent stock performance has been lackluster, with a year-to-date return of -17.83%, contrasting sharply with the Sensex's gain of 5.60%. This reinforces the conclusion that Sarthak Metals is overvalued in the current market environment.

What is the technical trend for Sarthak Metals?

As of June 2, 2025, Sarthak Metals shows a mildly bearish trend overall, with mixed signals from indicators like MACD and Bollinger Bands, despite a bullish OBV and a recent price increase to 130.90 from 127.25.

As of 2 June 2025, the technical trend for Sarthak Metals has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are mildly bearish on both weekly and monthly time frames. Daily moving averages also reflect a mildly bearish trend. The KST is mildly bullish weekly but bearish monthly, and Dow Theory shows a mildly bearish trend on the weekly with no trend on the monthly. Despite the overall mildly bearish stance, the OBV is bullish on both weekly and monthly charts. The current price is 130.90, with a notable recent increase from the previous close of 127.25. Overall, the technical stance is mildly bearish, driven primarily by the mixed signals from the moving averages and Bollinger Bands.

Who are the peers of the Sarthak Metals?

Sarthak Metals' peers include Rajas Tube Mfg, Sh. Bajrang Alloys, Incredible Indus, and others, with varying management risks and growth rates. Sarthak Metals has a 1-year return of -35.63%, higher than Sharda Ispat's -40.99%, but lower than its other peers.

Peers: The peers of Sarthak Metals are Rajas. Tube Mfg, Sh. Bajrang All., Incredible Indus, Bansal Roofing, National Fitting, Sharda Ispat, Surani Steel Tub, Mangalam Alloys, Shri Hare-Krish., and Kataria Indust.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sarthak Metals and Bansal Roofing, while Good management risk is found at Kataria Indust. Average management risk is present at Rajas. Tube Mfg, National Fitting, Sharda Ispat, and Shri Hare-Krish., and the rest. Below Average management risk is noted at Sh. Bajrang All., Incredible Indus, Surani Steel Tub, Mangalam Alloys, and the rest. Growth is below average for most peers, including Sarthak Metals, Rajas. Tube Mfg, Sh. Bajrang All., Incredible Indus, Bansal Roofing, National Fitting, Sharda Ispat, Surani Steel Tub, and Mangalam Alloys, while the rest have average growth. Capital structure is excellent at Sarthak Metals and Shri Hare-Krish., good at Bansal Roofing, National Fitting, and Sharda Ispat, and below average at Rajas. Tube Mfg, Sh. Bajrang All., Incredible Indus, Surani Steel Tub, and Mangalam Alloys.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rajas. Tube Mfg at 1304.92%, while the lowest is Sharda Ispat at -40.99%. Sarthak Metals' 1-year return is -35.63%, which is higher than Sharda Ispat but lower than all other peers. Additionally, Sharda Ispat, Incredible Indus, and Sh. Bajrang All. have negative six-month returns.

Who are the top shareholders of the Sarthak Metals?

The top shareholders of Sarthak Metals include promoter Manoj Kumar Bansal with 27.63%, individual investors with 22.17%, and public shareholder Mayur Bhatt at 3.32%. There are also two foreign institutional investors holding 0.15%, with no pledged promoter holdings or mutual fund involvement.

The top shareholders of Sarthak Metals include the promoters, who hold the majority of the shares. The promoter with the highest holding is Manoj Kumar Bansal, who owns 27.63% of the company. Additionally, there are individual investors who collectively hold 22.17% of the shares. In terms of public shareholders, Mayur Bhatt is the highest, with a holding of 3.32%. The company also has two foreign institutional investors (FIIs) holding a total of 0.15%, while no mutual funds are currently involved. There are no pledged promoter holdings reported.

How big is Sarthak Metals?

As of 24th July, Sarthak Metals Ltd has a market capitalization of 165.00 Cr, with recent net sales of 178.41 Cr and a net profit of 4.12 Cr. The company has shareholder's funds of 120.21 Cr and total assets of 124.44 Cr as of March 2025.

As of 24th July, Sarthak Metals Ltd has a market capitalization of 165.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sarthak Metals reported Net Sales of 178.41 Cr and a Net Profit of 4.12 Cr.<BR><BR>For the latest annual period ending in March 2025, the company has Shareholder's Funds amounting to 120.21 Cr and Total Assets of 124.44 Cr.

Are Sarthak Metals latest results good or bad?

Sarthak Metals' latest results are unfavorable, with a 44.73% year-on-year decline in Profit After Tax and a 25.87% drop in net sales, leading to a 'Strong Sell' recommendation from MarketsMOJO. The company is struggling with profitability and efficiency in settling debts.

Sarthak Metals' latest financial results indicate a challenging period for the company. For the quarter ending June 2025, the Profit After Tax (PAT) has decreased significantly by 44.73% year-on-year, amounting to Rs 1.73 crore. This decline suggests that the company is struggling to maintain profitability.<BR><BR>Additionally, net sales for the nine-month period have also dropped by 25.87% year-on-year, totaling Rs 138.30 crore. This decline in revenue further highlights the difficulties Sarthak Metals is facing in generating sales.<BR><BR>Moreover, the Debtors Turnover Ratio has fallen to 4.31 times, the lowest in the last five half-yearly periods, indicating a slowdown in the company's ability to settle its debts efficiently.<BR><BR>Given these factors, the overall assessment of Sarthak Metals' latest results leans towards being unfavorable, prompting MarketsMOJO to issue a 'Strong Sell' recommendation. This reflects the ongoing challenges the company is encountering in the market.

When is the next results date for Sarthak Metals?

The next results date for Sarthak Metals is 12 November 2025.

The next results date for Sarthak Metals is scheduled for 12 November 2025.

How has been the historical performance of Sarthak Metals?

Sarthak Metals has experienced a significant decline in net sales and profits from March 2023 to March 2025, with net sales dropping from 408.43 crore to 178.42 crore and profit after tax falling from 29.76 crore to 4.12 crore. Despite this, total assets increased slightly, but cash flow from operating activities turned negative in March 2025.

Answer:<BR>The historical performance of Sarthak Metals shows a significant decline in net sales and profits over the past few years, particularly from March 2023 to March 2025.<BR><BR>Breakdown:<BR>Sarthak Metals experienced a notable decrease in net sales, dropping from 408.43 crore in March 2023 to 178.42 crore in March 2025. This decline is reflected in total operating income, which also fell from 408.43 crore to 178.42 crore in the same period. The company's total expenditure, excluding depreciation, decreased from 368.34 crore in March 2023 to 171.46 crore in March 2025, leading to a decline in operating profit from 40.09 crore to 6.96 crore. Profit before tax similarly decreased from 40.23 crore to 6.28 crore, and profit after tax fell from 29.76 crore to 4.12 crore. The earnings per share (EPS) also saw a decline, from 21.74 in March 2023 to 3.01 in March 2025. Despite these challenges, the company's total assets increased from 109.99 crore in March 2023 to 124.44 crore in March 2025, while total liabilities remained stable, resulting in a slight increase in shareholder's funds from 104.99 crore to 120.21 crore. Cash flow from operating activities turned negative in March 2025, contrasting with positive cash flows in previous years, indicating a challenging financial environment for the company.

Should I buy, sell or hold Sarthak Metals?

Which are the latest news on Sarthak Metals?

Why is Sarthak Metals Ltd falling/rising?

As of 21-Jan, Sarthak Metals Ltd's stock price is declining at Rs. 67.41, down 5.04%, with a 52-week low of Rs. 67.24. The stock has underperformed its sector and has reported negative financial results for 11 consecutive quarters, leading to a strong sell recommendation.

As of 21-Jan, Sarthak Metals Ltd is experiencing a decline in its stock price, currently at Rs. 67.41, which reflects a change of -3.58 (-5.04%). This downward movement is attributed to several factors. The stock has been on a consecutive fall for the last four days, resulting in a significant drop of -14.62% over the past week. Additionally, the stock has hit a new 52-week low of Rs. 67.24 today, indicating ongoing bearish sentiment.<BR><BR>In terms of performance, Sarthak Metals has underperformed its sector by -3.18% today, and its trading is below key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a lack of upward momentum and investor confidence. The broader market context also shows that the metal sector, specifically Ferrous, has declined by -2.56%, which may be contributing to the stock's poor performance.<BR><BR>Financially, the company has reported negative results for the last 11 consecutive quarters, with net sales falling by -20.58% and a significant decline in operating profit of -40.60% over the past five years. The stock has generated a return of -59.08% over the last year, while profits have decreased by -34.8%. These figures indicate a troubling trend in the company's financial health, leading to a perception of poor long-term growth and resulting in a strong sell recommendation.<BR><BR>Overall, the combination of consecutive price declines, poor financial performance, and underperformance relative to the sector and market benchmarks are key reasons for the falling stock price of Sarthak Metals Ltd.