SGMART

SG Mart Limited

Steel distributor and processor for construction and industrial applications

Commodities›Metals & Mining›Metals & Minerals Trading›Trading - Metals

sgmart.co.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹798.20
Market cap
10,050 Cr
Stock P/E
80.8
P/B
6.30
ROE (FY26)
7.0%
ROCE (FY26)
10.6%
Operating margin (FY26)
2.0%
Debt / equity (FY26)
0.14

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

SG Mart distributes and processes steel and other building materials for fabricators, EPC (engineering, procurement and construction) contractors and manufacturers across India, and is moving from trading into making steel profiles and solar structures.

Company snapshot

2ndBy market cap

Ranked among 6 companies in Trading - Metals.

What we see

Positives
  • ✓Debt-to-equity of 0.14x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Net margin is very thin at 1.8% — little room for error if costs rise.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2019Dec 2019Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales0 Cr0 Cr1,278 Cr1,144 Cr1,816 Cr1,345 Cr1,595 Cr1,144 Cr1,704 Cr1,644 Cr1,823 Cr1,309 Cr
Operating expenses (approx.)0.06 Cr0.05 Cr1,246 Cr1,120 Cr1,801 Cr1,324 Cr1,558 Cr1,108 Cr1,676 Cr1,628 Cr1,767 Cr1,250 Cr
EBITDA-0.06 Cr-0.05 Cr32 Cr25 Cr15 Cr22 Cr37 Cr36 Cr28 Cr17 Cr56 Cr59 Cr
OPM %——2.5%2.2%0.8%1.6%2.3%3.1%1.6%1.0%3.1%4.5%
Other income0.35 Cr0.16 Cr21 Cr19 Cr20 Cr26 Cr20 Cr20 Cr19 Cr18 Cr12 Cr10 Cr
Interest0 Cr0 Cr8 Cr8 Cr13 Cr10 Cr14 Cr12 Cr12 Cr17 Cr10 Cr6 Cr
Depreciation0.0004 Cr0.0005 Cr0.31 Cr0.22 Cr0.29 Cr0.39 Cr1 Cr2 Cr2 Cr4 Cr4 Cr4 Cr
Profit before tax0.29 Cr0.11 Cr44 Cr36 Cr22 Cr37 Cr42 Cr43 Cr33 Cr14 Cr54 Cr58 Cr
Tax %23.7%26.2%24.6%27.5%25.9%25.1%21.3%24.1%19.9%20.6%23.0%21.7%
Net profit0.22 Cr0.08 Cr34 Cr26 Cr16 Cr28 Cr33 Cr32 Cr27 Cr11 Cr41 Cr46 Cr
EPS (₹)₹2.22₹0.78₹3.01₹2.36₹1.42₹2.50₹2.95₹2.74₹2.11₹0.85₹3.29₹3.62

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2024Mar 2025Mar 2026TTM
Sales9 Cr5 Cr3 Cr2,683 Cr5,856 Cr6,315 CrSign in free for the trailing twelve months
Operating expenses (approx.)1 Cr1 Cr3 Cr2,621 Cr5,753 Cr6,179 CrSign in free for the trailing twelve months
EBITDA8 Cr3 Cr0.16 Cr62 Cr103 Cr137 CrSign in free for the trailing twelve months
OPM %88.9%69.6%4.8%2.3%1.8%2.2%Sign in free for the trailing twelve months
Other income0.0019 Cr0.0009 Cr0.33 Cr32 Cr80 Cr69 CrSign in free for the trailing twelve months
Interest2 Cr1 Cr0.33 Cr12 Cr44 Cr51 CrSign in free for the trailing twelve months
Depreciation1 Cr1 Cr0.88 Cr0.51 Cr2 Cr12 CrSign in free for the trailing twelve months
Profit before tax5 Cr0.89 Cr-0.72 Cr81 Cr137 Cr143 CrSign in free for the trailing twelve months
Tax %4.1%30.9%224.4%25.1%24.7%22.4%Sign in free for the trailing twelve months
Net profit5 Cr0.61 Cr0.89 Cr61 Cr103 Cr111 CrSign in free for the trailing twelve months
EPS (₹)₹51.18₹6.14₹8.94₹8.19₹9.23₹8.96Sign in free for the trailing twelve months
Dividend payout %———0.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2024Mar 2025Mar 2026
Equity capital1 Cr1 Cr1 Cr11 Cr11 Cr13 Cr
Reserves10 Cr10 Cr11 Cr1,076 Cr1,197 Cr1,584 Cr
Borrowings15 Cr11 Cr—182 Cr689 Cr231 Cr
Other liabilities3 Cr4 Cr0.21 Cr218 Cr401 Cr422 Cr
Total liabilities29 Cr26 Cr12 Cr1,487 Cr2,298 Cr2,250 Cr
Fixed assets (net)23 Cr22 Cr0.0017 Cr39 Cr164 Cr320 Cr
CWIP——0 Cr17 Cr76 Cr20 Cr
Investments——3 Cr0 Cr0 Cr0 Cr
Loans & advances——0.90 Cr0.49 Cr0 Cr0 Cr
Inventories1 Cr1 Cr1 Cr71 Cr254 Cr284 Cr
Trade receivables3 Cr0.40 Cr0.25 Cr86 Cr317 Cr265 Cr
Cash & bank0.11 Cr0.45 Cr6 Cr123 Cr124 Cr520 Cr
Other assets2 Cr2 Cr1 Cr1,150 Cr1,364 Cr842 Cr
Total assets29 Cr26 Cr12 Cr1,487 Cr2,298 Cr2,250 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2024Mar 2025Mar 2026
Cash from operating activity0.96 Cr6 Cr1 Cr-14 Cr-391 Cr258 Cr
Cash from investing0.05 Cr-0.0051 Cr16 Cr-1,059 Cr-87 Cr407 Cr
Cash from financing-1 Cr-5 Cr-12 Cr1,184 Cr479 Cr-266 Cr
Net cash flow-0.05 Cr0.29 Cr5 Cr111 Cr1 Cr396 Cr
Free cash flow (OCF − Capex)0.96 Cr6 Cr—-73 Cr-549 Cr26 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2024Mar 2025Mar 2026
ROCE %27.7%9.9%-3.1%7.3%9.6%10.6%
ROE %46.6%5.3%7.3%5.6%8.6%7.0%
Debtor days1163026122015
Inventory days56108156103689244
Days payable—210264791314
Cash conversion cycle172136172-5-1082-55
OCF / EBITDA %11.5%162.5%846.2%n.m.n.m.n.m.
OCF / EBITDA % (3 years)——66.2%——n.m.
Debt / equity1.350.970.000.170.570.14
Current ratio—0.2153.323.581.892.80
Net debt / EBITDA1.773.15-34.550.965.48-2.11