Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Sarthak Metals Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 80.82 | 81.80 | 77.42 | 75.30 | 70.65 | 40.61 | 45.72 | 44.00 | 48.08 | 46.22 | 36.31 | 47.73 | 61.99 |
| Expenses + | 72.98 | 74.24 | 70.22 | 72.85 | 68.00 | 38.99 | 43.79 | 41.95 | 46.71 | 44.46 | 34.67 | 45.63 | 59.48 |
| Operating Profit | 7.84 | 7.56 | 7.20 | 2.45 | 2.65 | 1.62 | 1.93 | 2.05 | 1.37 | 1.76 | 1.64 | 2.10 | 2.51 |
| OPM % | 9.70% | 9.24% | 9.30% | 3.25% | 3.75% | 3.99% | 4.22% | 4.66% | 2.85% | 3.81% | 4.52% | 4.40% | 4.05% |
| Other Income + | 0.62 | 0.24 | 0.46 | 0.69 | 0.54 | 0.59 | 0.74 | 0.47 | 0.90 | 0.62 | 0.17 | 0.49 | 0.65 |
| Interest | 0.20 | 0.11 | 0.10 | 0.33 | 0.25 | 0.12 | 0.18 | 0.09 | 0.25 | 0.12 | 0.07 | 0.05 | 0.25 |
| Depreciation | 0.44 | 0.43 | 0.44 | 0.54 | 0.63 | 0.53 | 0.61 | 0.79 | 0.81 | 0.69 | 0.72 | 0.75 | 0.75 |
| Profit before tax | 7.82 | 7.26 | 7.12 | 2.27 | 2.31 | 1.56 | 1.88 | 1.64 | 1.21 | 1.57 | 1.02 | 1.79 | 2.16 |
| Tax % | 26.09% | 26.17% | 22.61% | 24.23% | 25.11% | 10.26% | 55.85% | 25.61% | 43.80% | 31.85% | 25.49% | 27.37% | 31.02% |
| Net Profit + | 5.78 | 5.35 | 5.51 | 1.73 | 1.73 | 1.40 | 0.83 | 1.22 | 0.67 | 1.06 | 0.76 | 1.30 | 1.49 |
| EPS in Rs | 4.22 | 3.91 | 4.02 | 1.26 | 1.26 | 1.02 | 0.61 | 0.89 | 0.49 | 0.77 | 0.56 | 0.95 | 1.09 |
Financials of Sarthak Metals Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 151 | 128 | 152 | 171 | 189 | 214 | 222 | 457 | 408 | 305 | 178 | 192 |
| Expenses + | 144 | 119 | 143 | 161 | 177 | 203 | 206 | 419 | 368 | 285 | 171 | 184 |
| Operating Profit | 7 | 9 | 9 | 10 | 12 | 11 | 16 | 38 | 40 | 20 | 7 | 8 |
| OPM % | 5% | 7% | 6% | 6% | 6% | 5% | 7% | 8% | 10% | 6% | 4% | 4% |
| Other Income + | 1 | 1 | 2 | 2 | 2 | 1 | 0 | 4 | 3 | 2 | 3 | 2 |
| Interest | 3 | 3 | 4 | 3 | 4 | 4 | 3 | 4 | 1 | 1 | 1 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| Profit before tax | 4 | 5 | 6 | 7 | 8 | 6 | 11 | 36 | 40 | 19 | 6 | 7 |
| Tax % | 32% | 34% | 34% | 32% | 28% | 28% | 26% | 23% | 26% | 27% | 34% | 29% |
| Net Profit + | 3 | 4 | 4 | 5 | 6 | 5 | 8 | 27 | 30 | 14 | 4 | 5 |
| EPS in Rs | 2.37 | 2.95 | 2.89 | 3.48 | 4.21 | 3.37 | 5.84 | 20.07 | 21.74 | 10.10 | 3.01 | 3.37 |
| Dividend Payout % | 0% | 0% | 17% | 0% | 12% | 15% | 17% | 10% | 9% | 10% | 17% | 0% |
Financials of Sarthak Metals Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 8 | 12 | 19 | 23 | 29 | 32 | 39 | 64 | 91 | 102 | 107 | 111 |
| Borrowings + | 24 | 24 | 27 | 26 | 36 | 23 | 32 | 22 | 0 | 0 | 0 | 7 |
| Other Liabilities + | 3 | 1 | 3 | 3 | 5 | 7 | 6 | 16 | 5 | 4 | 4 | 6 |
| Total Liabilities | 47 | 49 | 63 | 65 | 84 | 76 | 91 | 116 | 110 | 120 | 124 | 137 |
| Fixed Assets + | 6 | 7 | 7 | 9 | 14 | 15 | 14 | 11 | 11 | 15 | 19 | 17 |
| CWIP | 2 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Other Assets + | 39 | 40 | 53 | 55 | 69 | 61 | 77 | 104 | 97 | 105 | 104 | 119 |
| Total Assets | 47 | 49 | 63 | 65 | 84 | 76 | 91 | 116 | 110 | 120 | 124 | 137 |
Financials of Sarthak Metals Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2 | 5 | 4 | 0 | 1 | 17 | -1 | 16 | 35 | 27 | -0 | -33 |
| Cash from Investing Activity + | -3 | -1 | -2 | 0 | -6 | -3 | -1 | 3 | -2 | -3 | -6 | -2 |
| Cash from Financing Activity + | 2 | -3 | 6 | 0 | 7 | -17 | 4 | -15 | -26 | -3 | -0 | 6 |
| Net Cash Flow | -0 | 0 | 7 | 0 | 2 | -2 | 2 | 4 | 7 | 20 | -6 | -29 |
| Free Cash Flow | -1 | 3 | 2 | 0 | -5 | 14 | -2 | 19 | 32 | 22 | -7 | -33 |
| CFO/OP | 22% | 77% | 66% | 0% | 28% | 167% | 14% | 66% | 113% | 160% | 27% | -388% |
Financials of Sarthak Metals Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 71 | 71 | 62 | 45 | 48 | 63 | 45 | 47 | 48 | 87 | 108 |
| Inventory Days | 29 | 36 | 29 | 39 | 60 | 45 | 60 | 27 | 16 | 28 | 68 | 94 |
| Days Payable | 4 | 0 | 1 | 2 | 8 | 8 | 1 | 10 | 1 | 0 | 2 | 4 |
| Cash Conversion Cycle | 85 | 106 | 100 | 99 | 97 | 85 | 122 | 63 | 63 | 76 | 152 | 198 |
| Working Capital Days | 28 | 41 | 35 | 57 | 51 | 50 | 65 | 48 | 68 | 79 | 148 | 173 |
| ROCE % | 17% | 19% | 18% | 17% | 17% | 14% | 18% | 40% | 41% | 18% | 6% | 6% |