Please find attached herewith the Investor Presentation for FY ended 31st March, 2026
SMLT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sarthak Metals reported Q4 FY26 revenue of Rs 62 crore, up 29% year-on-year, with PAT of Rs 1.49 crore growing 123% YoY. EBITDA margin improved to 4.04% from 2.84% in Q4 FY25. The welding division emerged as a strong performer, achieving Rs 15.7 crore revenue in its first full year of operations with 115% volume growth. Cored wire volumes grew 32% YoY, while aluminium flipping coil recovered with 35% YoY volume growth. The company aims to reach Rs 25 crore annual sales from the welding business next year. Management highlighted persistent unfair competition and pricing distortions in the steel sector, while remaining cautious on biotechnology investments due to ethanol overcapacity concerns.
Strong YoY profitability improvement driven by new welding operations and core business volume growth is positive, though the small scale of operations (Rs 62 crore quarterly revenue) limits market impact. The Rs 25 crore target for welding signals management confidence in continued growth.