Outcome of the Board Meeting held on July 25, 2025
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SG Mart Limited's Board approved its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results. On a consolidated basis, revenue from operations stood at Rs. 1,143.77 crore (vs. Rs. 1,133.61 crore in Q1 FY25), with profit before tax of Rs. 42.59 crore and net profit after tax of Rs. 32.31 crore (vs. Rs. 26.27 crore YoY). Standalone revenue was Rs. 1,036.94 crore with a PAT of Rs. 29.32 crore. The Board appointed Shri Arun Agarwal (former Whole Time Director at Apollo Pipes) as a Non-Executive Director and noted the resignation of Whole Time Director Shri Shiv Kumar Bansal, effective July 31, 2025, for personal reasons. It also recommended M/s. Parikh & Associates as Secretarial Auditors for a five-year term and approved a new ESOP plan ('SG Mart ESOP 2025') with a pool of 20 lakh options to be implemented through the Trust route via secondary market acquisition.
Q1 FY26 shows steady topline with ~1% YoY revenue growth and ~23% YoY PAT growth on a consolidated basis, indicating margin improvement. The change in executive leadership (WTD exit, new non-executive appointment) and the introduction of a new ESOP plan (potential future dilution via trust route) are key governance items shareholders should track.