Sarthak Metals Limited has informed the Exchange about Investor Presentation
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Awaiting price reaction for this filing.
Sarthak Metals reported Q1 FY26 revenue of ₹46.22 crore, up 14% year-on-year but down 4% quarter-on-quarter. EBITDA rose 29% QoQ to ₹1.76 crore with margin improving to 3.80% (from 2.84% in Q4 FY25), though profit after tax fell 24% YoY to ₹1.06 crore. Cored wire volumes surged 39% YoY to ₹35 crore in revenue, but the aluminium flipping coil segment saw volumes drop 32% YoY as management deliberately scaled down operations to avoid unprofitable pricing. The new welding business (flux-cored wire) generated ₹2.7 crore, up 17% QoQ, boosted by RDSO approval from Indian Railways in April 2025, with a stated target of ₹25 crore annual sales within two years. A new biotechnology vertical has also begun, with a pilot Solid State Fermentation facility now operational in Nagpur.
Mixed quarter — strong sequential margin recovery and growth in cored wire and welding segments, but the YoY profit decline and continued weakness in aluminium business highlight uneven recovery. Investors should watch execution on the welding scale-up (RDSO opportunity) and biotech commercialisation, as legacy aluminium drag persists.