Sarthak Metals Ltd.
Snapshot View

60.00 ▼0%

26 July 2021, 04:00:00 P.M.

Overview View Details

Sector Iron & Steel Compare with Sector peers
Industry Metal - Ferrous Compare with Industry peers
Website http://www.sarthakmetals.com
Financial Indicators
Market Cap 82.14 Cr.
Earnings per share (EPS) 3.38 Trailing Twelve Months Ending 2020-03
Price-Earning Ratio (PE) 17.77 Trailing Twelve Months Ending 2020-03
Industry PE 172.94 Trailing Twelve Months Ending 2020-03
Book Value / Share 33.70 Trailing Twelve Months Ending 2020-03
Price to Book Value 1.78 Calculated using Price: 60.00
Dividend Yield 0.83 Period Ending 2020-03
No. of Shares Subscribed 1.37 Cr. 13,689,750 Shares
FaceValue 10
Company Profile

Sarthak Metals was originally incorporated on July 28, 1995, as ‘Sarthak Metals Marketing Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Madhya Pradesh, Gwalior. The name of Company was changed to ‘Sarthak Metals Private Limited’ vide shareholders resolution passed at the Extra Ordinary General Meeting of the Company held on August 13, 2016 and a fresh Certificate of Incorporation pursuant to change of name dated August 22, 2016 was issued by the Registrar of Companies, Chhattisgarh. Further, pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on August 13, 2016, the Company was converted into a public limited company and accordingly 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, Chhattisgarh.

They are engaged into manufacturing of wide variety of Cored wires, Aluminum Flipping coils, and Industrial Oxygen gas having wide application in various industries including Steel plants, Fabrication units, and foundries. They are also manufacturers and suppliers of wire feeder machines that are known for drawing wires of 9 mm to 15 mm diameter. They are also engaged in the business of trading of iron & steel and carbon dioxide gas.

Business area of the company

Sarthak Metals forms the part of Desh Raj Bansal Group, Bhilai and commenced its operations in the year 1997 to manufacture industrial oxygen. Later in the year 2002, the Company diversified its product base by manufacturing cored wires and aluminum flipping coils. They also diversified their business by venturing into manufacturing of wire feeder machines since 2012. They are ISO 9001: 2008 certified Company in compliance with quality management system. Over the years they have developed a wide range of products to cater to the needs and specific requirements of a large number of industries which seek products of assured quality and safety standards. They accomplish through consistent high quality products and dependable services, and have achieved referred supplier status in several steel companies ensuring a long-term relationship with their key customers. 

Major Events and Milestones

  • 1995: Incorporation of the Company in the name and style of ‘Sarthak Metals Marketing Private Limited’ on 28 th July 1995.
  • 1997: Commenced to manufacture industrial oxygen gas.
  • 2002: Commenced Production of Ferro Alloys Cored Wires with 1st in house built Cored Wire Mill.
  • 2008: Commenced Production of Aluminium Flipping Coils with 1st in house built Coilling Mill.
  • 2012: Commenced to manufacture wire feeder machines.
  • 2016: Change of name of the Company from ‘Sarthak Metals Marketing Private Limited’ to ‘Sarthak Metals Private Limited’.
  • 2016: Conversion of the Company from ‘Sarthak Metals Private Limited’ to ‘Sarthak Metals Limited’.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
1 Week
-4.76%
1 Month
+8.99%
3 Month
+87.50%
6 Month
+106.90%
1 Year
+280.95%
2 Year
+282.17%
5 Year
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 13.39 17.36 15.85 15.01 16.05 13.99 13.78 14.63 10.46
Return on Capital Employed (%) 17.49 18.56 19.38 16.64 18.78 18.42 17.17 16.95 13.57
Return on Assets (%) 5.45 7.10 6.76 6.58 7.43 7.08 7.31 7.63 5.71

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 13 15 18 21 24 33 37 42 46
Non Curr. Liab. 2 1 2 1 1 1 3 3 2
Curr. Liab. 16 20 21 25 24 29 28 38 29
Minority Int.
Equity & Liab. 31 37 40 47 49 63 67 84 78
Non Curr. Assets 8 7 8 9 9 11 11 16 18
Curr. Assets 22 30 33 38 40 52 56 68 60
Misc. Exp. not W/O 0 0 0 0
Total Assets 31 37 40 47 49 63 67 84 78

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 101 113 147 151 131 155 172 189 214
Other Income 0 0 1 1 2 2 2 1
Total Income 101 113 147 151 132 157 173 191 215
Total Expenditure -95 -106 -139 -144 -122 -146 -161 -177 -203
PBIDT 6 7 8 8 10 11 12 14 12
Interest -3 -3 -3 -3 -3 -4 -3 -4 -4
Depreciation -1 -1 -1 -1 -1 -1 -1 -2 -2
Taxation -1 -1 -1 -1 -2 -2 -2 -2 -2
Exceptional Items 0 0 0 0
PAT 2 2 3 3 4 4 5 6 5

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 8 -3 6 2 5 4 0 1 17
Cash Fr. Inv. -3 0 -2 -3 -1 -2 -2 -6 -3
Cash Fr. Finan. -3 2 -4 2 -3 6 -6 7 -17
Net Change 2 -1 0 0 0 7 -7 2 -2
Cash & Cash Eqvt 2 1 1 1 2 9 2 4 1

Shareholding Pattern View Details

9 Qtrs 2017-03 (%) 2017-09 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 69.25 69.25 69.25 69.95 70.39 70.39 70.39 69.83 69.83
Public 30.75 30.75 30.75 30.05 29.61 29.61 29.61 30.17 30.17
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to regulation 47 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirement) Regulations 2015 we enclosed herewith the copies of Postal Ballot Notice published in Newspaper on 20.07.2021 regarding the dispatch of Postal ballot Notice through Physical Mode
This advertisement was published in following newspapers on 20th July 2021.

1 English Daily:- Financial Express Dated 20th July 2021.
2 Regional Language Daily (Hindi):- Janasatta- Dated 20th July 2021.
3 Regional Language Daily (Hindi):- Shram Bindu- Dated 20th July 2021.

The Company due to technical reason has done some changes in the period of voting. The Postal Ballot commences from on Monday 19th July 2021 and ends on Tuesday 17th August 2021. Kindly read 16th August 2021 as 17th August 2021 in the Postal Ballot Notice
Tue, 20 Jul 2021
Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015 Regarding Postal Ballot Notice
Pursuant to the Regulation 30 and other applicable regulations of SEBI (Listing Obligation and Disclosure Requirement) Regulations 2015 this is to inform you that the Postal Ballot Notice has been sent electronically and also dispatched on 19th July 2021 to all the members of the company whose name appears in the list of members as on Thursday 15th July 2021 (cut-off) and who have registered their Email Address and Postal Address with Depository Participants / Company.

Further in compliance with Regulation 30 of SEBI (Listing Obligation and Disclosure Requirement) Regulations 2015 please find enclosed herewith the Postal Ballot Notice for your intimation and records. Postal Ballot Notice is also available on the website of Company at www.sarthakmetals.com
Tue, 20 Jul 2021
Intimation Of Record Date For The Purpose Of Payment Of Final Dividend For Financial Year 2020-21.
We wish to inform you that the 26th Annual General Meeting of the Company is scheduled to be held on Tuesday 14th September 2021 at the Registered Office of the Company at B.B.C. Colony Khursipar G.E. Road Bhilai Chhattisgarh - 490011.

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 the Company has fixed Monday 6th September 2021 as the Record Date for the purpose of determining the names of Members eligible for final dividend for the Financial Year ended 31st March 2021. If the final dividend as recommended by the Board of Directors is approved at the AGM such dividend will be paid/dispatched subject to deduction of tax at source after the AGM.

Technical Scans View Details

Mon, 26 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Increasing Relative Strength - Sectoral Index Increasing Relative Strength - Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Both SRS And ARS Above Zero Both SRS And ARS Above Zero

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