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