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NSE:SGMART

SG MART LIMITED

Metals & Mining › Metals & Minerals Trading·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹802.00
at close · 28 Oct 2026
▲ 0.00 (+0.00%)

Latest filings

  1. SG Mart publishes September 2026 unaudited financial results · Compliance
  2. Conference call audio recording shared for September 2026 quarter results · Investor Communications
  3. 94,000 employee stock options granted to eligible employees · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a metals platform built on five pillars — manufacturing, branding, distribution, service-centre processing and an online marketplace. Distribution remains the largest revenue source, trading steel (~90% of mix) and non-steel commodities at 1-3% margins across SKUs. The service-centre vertical processes steel into cut-to-size products through 7 operational centres, each sized for 100,000 tons of throughput; the network is targeted to expand to 25 centres by 2029. Manufacturing now spans steel profiles and solar mounting structures, each backed by 200,000 tons of installed capacity, with EBITDA per ton currently at INR3,000-4,000 and targeted to rise to INR5,000-7,000 once backward integration into coated steel at Raipur commissions in roughly 18 months. The renewable-structures (solar) vertical carries an order book of INR285 crore plus a INR250 crore pipeline, and management is targeting INR550-600 crore of FY26 revenue from it. FY27 capex of INR400-500 crore sits within an INR1,500 crore envelope over 2-3 years, funded entirely from INR690 crore of net cash on the books with no equity dilution; annualised ROCE stands at about 23%.

Operating scale
Service centres operational
7 (target: 25 by 2029)Q1 FY27
Service-centre volume
160,000 tons at INR2,000/ton EBITDAQ1 FY27
Steel profiles manufacturing
18,000 tons in quarter; 200,000-ton installed capacityQ1 FY27
Renewable structures manufacturing
11,000 tons in quarter; 200,000-ton installed capacityQ1 FY27
FY26 revenue
INR6,315.28 croreFY26
FY26 EBITDA margin
3.26%FY26
Who pays it
B2B customers in infrastructure, real estate and solar/EPC; 2,505 registered customers as of Q1 FY27.
Biggest cost
Materials at 6.7% of FY26 revenue is the largest disclosed cost line; other opex adds 1.0%, employee cost 0.5%, depreciation 0.2%.
Kind of business
Trading-to-manufacturing transition with an asset-light distribution backbone and a service-centre-plus-solar-structure manufacturing build-out.
Where it sits
Metals & Minerals Trading listed entity targeting 4-4.5 million tons of volume and INR25,000-35,000 crore of revenue by 2030 across steel, renewables and infrastructure.
Market Cap
₹10,105 Cr
P / E (TTM)
81.3×
EV / EBITDA
45.0×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
11.9%·
ROCE (FY26)
ROE 7.0% · margin 3.3%
Leverage
0.14·
Debt / Equity · low
Net cash ₹288 Cr
Revenue FY19→FY26
1860.3×▲
Margin −24.6 pts
₹3 Cr → ₹6,315 Cr
Cash conversion
-0.53×▼
Operating cash ÷ profit · 3 yrs
₹-147 Cr on ₹275 Cr
Moves on a normal day
1.39%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 9 Trading - Metals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#8/9
P/B#8/10
ROCE#4/10
ROE#6/10
Debt / Equity#4/10
EBITDA margin#4/10
Revenue growth#6/10
Profit growth#6/10

Scorecard

Measured from the filed financials, judged against its Trading - Metals peers · as of FY26 — not investment advice

Strengths
Returns on capital 11.9%
#4 of 10 in Trading - Metals on the latest reported figures · up from −3.1% in FY19
Debt at 0.14× equity
lower than 67% of its 10 Trading - Metals peers
Concerns
Over 3 years it reported ₹275 Cr of profit and an operating cash outflow of ₹147 Cr — -0.53×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

SGMART · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SG MART LIMITED's filed financials and exchange disclosures

What does SG MART LIMITED do?

SG MART LIMITED is a Metals & Minerals Trading company listed on NSE and BSE, trading under the symbol SGMART.

Is SG MART LIMITED profitable?

Yes. Over the trailing twelve months SG MART LIMITED reported a net profit of ₹124 Cr on revenue of ₹6,480 Cr.

Does SG MART LIMITED pay a dividend?

Not in the latest reported year — SG MART LIMITED's dividend payout for FY26 was nil.

Is SG MART LIMITED debt-free?

On a net basis, yes. It reported borrowings of ₹231 Cr on its 31 Mar 2026 balance sheet, but holds ₹288 Cr more cash than debt.

Is SG MART LIMITED expensive compared with its peers?

On trailing P/E, SG MART LIMITED ranks 8 of 9 in Trading - Metals — cheaper than 13% of them, against an industry median of 30.8×. This is a position, not a valuation judgement.

How much does the SG MART LIMITED share price move in a day?

On a typical session SG MART LIMITED moves 1.39% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track SG MART LIMITED's announcements?

Every NSE and BSE filing by SG MART LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.