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Sarthak Metals

  • Market Cap: Micro Cap
  • Industry: Metal - Ferrous
  • ISIN: INE017W01010
  • NSEID: SMLT
  • BSEID: 540393
INR
123.10
1.9 (1.57%)
BSENSE

Apr 11, 12:51 PM

BSE+NSE Vol: 23.61 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

23.61 k (-80.90%) Volume

Shareholding (Dec 2024)

FII

0.16%

Held by 1 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

68.85%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Poor long term growth as Net Sales has grown by an annual rate of -21.58% and Operating profit at -45.64% over the last 5 years

 
2

The company has declared Negative results for the last 8 consecutive quarters

3

Stock is technically in a Bearish range

4

With ROE of 4.3, it has a Very Expensive valuation with a 1.4 Price to Book Value

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Metal - Ferrous

stock-summary
Market cap

INR 171 Cr (Micro Cap)

stock-summary
P/E

32.00

stock-summary
Industry P/E

338

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.23

stock-summary
Return on Equity

4.33%

stock-summary
Price to Book

1.39

Revenue and Profits (1 Year):
Net Sales:
44 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-31.88%
0%
-31.88%
1 Year
-45.23%
0%
-45.23%
2 Years
-31.78%
1.13%
-30.65%
3 Years
5.76%
3.96%
9.72%
4 Years
339.64%
15.79%
355.43%
5 Years
779.29%
50.00%
829.29%

Latest dividend: 1 per share ex-dividend date: Dec-22-2023

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-21.58%
EBIT Growth (5y)
-45.64%
EBIT to Interest (avg)
14.24
Debt to EBITDA (avg)
0.15
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
3.27
Tax Ratio
29.91%
Dividend Payout Ratio
19.80%
Pledged Shares
0
Institutional Holding
0.16%
ROCE (avg)
29.51%
ROE (avg)
24.51%
Valuation key factors
Factor
Value
P/E Ratio
32
Industry P/E
338
Price to Book Value
1.39
EV to EBIT
24.47
EV to EBITDA
16.86
EV to Capital Employed
1.50
EV to Sales
0.69
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.14%
ROE (Latest)
4.33%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (0.16%)

Promoter with highest holding

Manoj Kumar Bansal (27.63%)

Highest Public shareholder

Mayur Bhatt (3.32%)

Individual Investors Holdings

21.91%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -41.57% vs -18.65% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -29.48% vs -77.09% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "44.00",
          "val2": "75.30",
          "chgp": "-41.57%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2.06",
          "val2": "2.46",
          "chgp": "-16.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.09",
          "val2": "0.33",
          "chgp": "-72.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.22",
          "val2": "1.73",
          "chgp": "-29.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.68%",
          "val2": "3.27%",
          "chgp": "1.41%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -45.77% vs -32.26% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -79.48% vs -33.84% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "86.34",
          "val2": "159.22",
          "chgp": "-45.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.54",
          "val2": "14.76",
          "chgp": "-76.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.30",
          "val2": "0.21",
          "chgp": "42.86%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.23",
          "val2": "10.87",
          "chgp": "-79.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.10%",
          "val2": "9.27%",
          "chgp": "-5.17%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -44.42% vs -28.41% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -72.62% vs -47.46% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "130.34",
          "val2": "234.52",
          "chgp": "-44.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "5.60",
          "val2": "17.22",
          "chgp": "-67.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.39",
          "val2": "0.54",
          "chgp": "-27.78%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.45",
          "val2": "12.60",
          "chgp": "-72.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.30%",
          "val2": "7.34%",
          "chgp": "-3.04%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -25.28% vs -10.69% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -53.53% vs 8.30% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "305.17",
          "val2": "408.43",
          "chgp": "-25.28%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "19.85",
          "val2": "40.09",
          "chgp": "-50.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.78",
          "val2": "1.34",
          "chgp": "-41.79%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-0.79",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "13.83",
          "val2": "29.76",
          "chgp": "-53.53%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "6.50%",
          "val2": "9.82%",
          "chgp": "-3.32%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
44.00
75.30
-41.57%
Operating Profit (PBDIT) excl Other Income
2.06
2.46
-16.26%
Interest
0.09
0.33
-72.73%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.22
1.73
-29.48%
Operating Profit Margin (Excl OI)
4.68%
3.27%
1.41%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -41.57% vs -18.65% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -29.48% vs -77.09% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
86.34
159.22
-45.77%
Operating Profit (PBDIT) excl Other Income
3.54
14.76
-76.02%
Interest
0.30
0.21
42.86%
Exceptional Items
0.00
0.00
Standalone Net Profit
2.23
10.87
-79.48%
Operating Profit Margin (Excl OI)
4.10%
9.27%
-5.17%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -45.77% vs -32.26% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -79.48% vs -33.84% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
130.34
234.52
-44.42%
Operating Profit (PBDIT) excl Other Income
5.60
17.22
-67.48%
Interest
0.39
0.54
-27.78%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.45
12.60
-72.62%
Operating Profit Margin (Excl OI)
4.30%
7.34%
-3.04%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -44.42% vs -28.41% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -72.62% vs -47.46% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
305.17
408.43
-25.28%
Operating Profit (PBDIT) excl Other Income
19.85
40.09
-50.49%
Interest
0.78
1.34
-41.79%
Exceptional Items
0.00
-0.79
100.00%
Standalone Net Profit
13.83
29.76
-53.53%
Operating Profit Margin (Excl OI)
6.50%
9.82%
-3.32%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -25.28% vs -10.69% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -53.53% vs 8.30% in Mar 2023

stock-summaryCompany CV
About Sarthak Metals Ltd stock-summary
stock-summary
Sarthak Metals Ltd
Micro Cap
Metal - Ferrous
Sarthak Metals Limited was originally incorporated in Madhya Pradesh, as "Sarthak Metals Marketing Private Limited", on July 28, 1995, with Registrar of Companies. The name of the Company was changed to "Sarthak Metals Private Limited", dated August 22, 2016. The company converted into a Public Limited Company, and the name of the Company was changed to "Sarthak Metals Limited", vide a fresh Certificate of Incorporation dated August 23, 2016, issued by the Registrar of Companies.
Company Coordinates stock-summary
Company Details
BBC Colony GE Road, Khursipar Bhilai Chattisgarh : 490011
stock-summary
Tel: 91-788-3290584/2296495
stock-summary
cs@sarthakmetals.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai