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On 6 Nov 2026, Sarthak Metals was priced at ₹70.20, or 19.6× trailing earnings, against an industry P/E of 25.1×, and the shares are 35% below their 52-week high. It earns ROCE of 5.4% and ROE of 4.0%, and sales and net profit fell 22% and 46% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹96 Cr, ranked 55th of 71 Metal Fabrication companies by market cap; the shares fell 33% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹70.19
Day high
₹72.89
Day low
₹70.00
Prev. close
₹71.62
Volume
2.6K

Health check

2 good · 4 to check
  • ReturnsBehind

    −32.9% over a year, better than 0 of 7 peers.

  • Price tagCheaper

    P/E 19.6 vs industry 25.1.

  • GrowthShrinking

    Sales −22.2%, profit −46.3% a year over 3 years.

  • ProfitabilityWeak

    ROCE 5.4% vs peer median 15.6%.

  • Balance sheetSolid

    Practically debt-free.

  • Red flags2 to check

    Return on equity is low at 4.0%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Metal Fabrication

70 listed peers. Screen the industry

Small cap

₹96 Cr, #55 of 71 in its industry by size.

Defensive

Beta 0.60 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹201 Cr · profit ₹5 Cr
Market cap
₹96 Cr
Small cap
P/E
19.6
Industry 25.1
Price to book
0.77
Peers 7.00
Dividend yield
0.00%
ROE
4.0%
Peers 8.6%
ROCE
5.4%
Peers 15.6%
Debt to equity
0.04
Debt ₹5.23 Cr
EPS (TTM)
₹3.58
Face value ₹10
OPM (TTM)
3.9%
Net margin 2.4%
Sales growth
+19.4%
Latest quarter vs a year ago
Profit growth
+25.3%
Latest quarter vs a year ago
Price to sales
0.48
EV/EBITDA 4.4

Strengths and risks

Strengths

  • Practically debt-free.
  • Quarterly profit up 25.3% on a year ago.
  • Quarterly sales up 19.4% on a year ago.

Risks to check

  • Return on equity is low at 4.0%.
  • 35% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Sarthak Metals

Sarthak Metals Limited manufactures, sells, and exports cored wires and aluminum flipping coils in India and internationally. The company offers calcium silicide, calcium iron, calcium solid wire, calcium aluminum iron, lead cored, ferro titanium, carbon, ferro boron, magnesium ferrosilicon, nitride manganese, carbon steel, stainless steel, hardfacing, and ferro niobium wires, as well as aluminum flipping coils. It also offers wire injection Systems, such…

Headquarters
Bhilai
Employees
149
Sector
Industrials
ISIN
INE017W01010

Price range

52 weeks

₹56.61₹108.80

Today

₹70.00₹72.89
Avg volume (3M)
22.2K
1-year return
minus 32.9%
From 52-week high
minus 35.5%

Peers · Metal Fabrication

Company
BHARATFORGBharat Forge1,740.00minus 0.74%85,029121.87.2315.6%6.7%14.7%9.7%26.9%0.49%plus 32.3%
INDOMIMINDO-MIM1,219.50minus 3.93%60,302101.120.9422.8%21.3%28.6%15.8%4.9%0.00%plus 64.4%
PTCILPTC Industries24,335.00plus 0.04%38,564290.623.737.9%8.6%24.6%40.7%57.8%0.00%plus 41.4%
ZETWERKZetwerk Manufacturing Businesses164.89minus 1.10%27,937–−2.47−13.0%−36.0%0.1%56.9%–0.00%plus 19.3%
HAPPYFORGEHappy Forgings1,694.50minus 10.00%15,99649.07.0018.9%15.2%30.6%9.8%13.1%0.24%plus 85.8%
RKFORGERamkrishna Forgings693.85minus 4.25%13,08768.43.514.7%5.6%17.1%10.5%−33.9%0.58%plus 35.6%
GRAVITAGravita India1,493.90minus 0.07%10,88327.34.1118.1%16.2%9.3%14.9%23.5%0.52%minus 15.4%
SMLTSarthak Metals70.20minus 1.98%9619.60.775.4%4.0%3.9%−22.2%−46.3%0.00%minus 32.9%
Median of 7 peers–−1.10%27,93784.77.0015.6%8.6%17.1%14.9%18.3%0.24%35.6%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
46.236.347.76255.2
44.534.745.659.553.7
1.81.62.12.51.6
3.8%4.5%4.4%4.0%2.8%
0.60.20.50.71.4
0.10.10.10.20.3
0.70.70.80.70.6
1.611.82.22.1
32.2%26.0%27.6%31.0%35.9%
1.10.81.31.51.3
0.770.570.951.090.97

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−22.2%
Profit CAGR 3Y
−46.3%
EPS CAGR 3Y
−46.3%
ROE
4.0%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
406304177191
–minus 25.2%minus 41.6%+7.9%
366284170182
40.7207.19
10.0%6.6%4.0%4.7%
2.61.42.21.8
10.50.40.3
1.522.82.9
−0.60.10.1−1.1
40.2196.36.5
26.0%27.1%34.4%29.6%
29.813.84.14.6
–minus 53.5%minus 70.2%+11.9%
21.7410.103.013.37

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
13.713.713.713.7
91.3102107111
–––6.6
53.84.26.1
110120124137
12.815.319.717.7
1.70.20.30.5
––0.32.4
7.33528.50.1
88.269.575.5116
110120124137

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
3526.8−0.2−32.6
−1.5−3.3−5.7−2.1
−26−3.2−0.45.6
7.420.3−6.3−29.1
−3−4.7−7.2−0.9
3222.1−7.4−33.5
−2.7−2.7–−0.7

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you