Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Listing Regulations), we hereby wish to inform you that the Board of Directors ....
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Sarthak Metals Limited reported audited financial results for FY 2026 with revenue from operations at ₹19,430.11 lakhs (up 7.1% from ₹18,142.43 lakhs). Profit after tax stood at ₹474.97 lakhs, growing 15.1% from ₹412.50 lakhs in the previous year. The Board approved material related party transactions with M/s Bansal Brothers for FY 2026-27 and appointed new internal auditors (AVN & Co.) and cost auditors (Gajadhar Prasad & Co.). Statutory auditors Begani & Begani issued an unmodified (clean) opinion. The company also disclosed outstanding qualified borrowings of ₹6.60 crores at year end, up from nil at the start of the year. Cash and cash equivalents dropped sharply to ₹7.17 lakhs from ₹237.19 lakhs.
Positive profit growth and clean audit opinion are encouraging, but the company faces significant cash flow stress with negative operating cash flow of ₹3,256.32 lakhs and sharply reduced cash reserves, which raises concerns about liquidity despite the borrowings. The related party transaction with Bansal Brothers requires shareholder monitoring.