Sarthak Metals Ltd.

228.25 +0.60 ▲0.3%

19 April 2024, 04:01:00 PM
Volume: 3,328

Company Profile

Sector Iron & Steel Sector Icon Iron & Steel Compare with Sector peers
Industry Metal - Ferrous Industry Icon Metal - Ferrous Compare with Industry peers
Website http://www.sarthakmetals.com
Market Cap 313.36 Cr.
Enterprise Value(EV) 294.00 Cr. 2023-12
Financial Indicators
Earnings per share (EPS) 13.43 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 17.05 Trailing Twelve Months Ending 2023-12
Industry PE 224.07 Trailing Twelve Months Ending 2023-12
Book Value / Share 83.52 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.74 Calculated using Price: 228.90
Dividend Yield 0.87 Period Ending 2023-03
No. of Shares Subscribed 1.37 Cr. 13,689,750 Shares
FaceValue 10
About Sarthak Metals Ltd.
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.

Sarthak Metals Ltd. Delivery

Delivered Qty
Traded Qty

Sarthak Metals Ltd. Performance

1 Day
+0.26%
1 Week
+1.56%
1 Month
+4.13%
3 Month
-8.99%
6 Month
-8.86%
1 Year
+30.43%
2 Year
+97.53%
5 Year
+777.88%
10 Year

Sarthak Metals Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 15.01 16.05 13.99 13.78 14.63 10.46 16.11 41.94 32.54
Return on Capital Employed (%) 16.64 18.78 18.42 17.17 16.95 13.57 18.3 43.18 40.5
Return on Assets (%) 6.58 7.43 7.08 7.31 7.63 5.78 9.54 26.51 26.33

Sarthak Metals Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12* Rs. Cr.
Shh. Funds 21 24 33 37 42 46 53 78 105 114
Non Curr. Liab. 1 1 1 3 3 2 5 3 1 1
Curr. Liab. 25 24 29 28 38 28 33 35 4 4
Minority Int.
Equity & Liab. 47 49 63 67 84 76 91 116 110 119
Non Curr. Assets 9 9 11 11 16 18 16 14 14 16
Curr. Assets 38 40 52 56 68 58 76 102 96 104
Misc. Exp. not W/O 0 0 0 0
Total Assets 47 49 63 67 84 76 91 116 110 119

Sarthak Metals Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 151 131 152 171 189 214 222 457 408 315
Other Income 1 1 2 2 2 1 0 1 4 2
Total Income 151 132 154 173 191 215 222 458 412 317
Total Expenditure -144 -122 -143 -161 -177 -203 -206 -419 -368 -290
PBIDT 8 10 11 12 14 12 16 39 44 27
Interest -3 -3 -4 -3 -4 -4 -3 -4 -1 -1
Depreciation -1 -1 -1 -1 -2 -2 -2 -2 -2 -2
Taxation -1 -2 -2 -2 -2 -2 -3 -8 -10 -6
Exceptional Items 0 0 0 0 3 -1
PAT 3 4 4 5 6 5 8 27 30 18
Adjusted EPS 2 3 3 3 4 3 6 20 22 13

Sarthak Metals Ltd. Cash Flow

Particulars 10 years 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. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 6 2 5 4 0 1 17 -1 16 35
Cash Fr. Inv. -2 -3 -1 -2 -2 -6 -3 -1 3 -2
Cash Fr. Finan. -4 2 -3 6 -6 7 -17 4 -15 -26
Net Change 0 0 0 7 -7 2 -2 2 4 7
Cash & Cash Eqvt 1 1 2 9 2 4 1 3 8 15

Sarthak Metals Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 69.83 69.83 69.83 69.83 69.83 69.61 69.61 69.61 69.29
Public 30.17 30.17 30.17 30.17 30.17 30.39 30.39 30.39 30.71
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
No. of Shareholders (in Lacs)

Sarthak Metals Ltd. Announcements

Fri, 12 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanySarthak Metals Ltd
2CIN NO.L51102CT1995PLC009772
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Pratik Jain
Designation: Company Secretary and Compliance Officer
EmailId: cs@sarthakmetals.com
Name of the Chief Financial Officer: Anirudh Singhal
Designation: Chief Financial Officer
EmailId: cfo@sarthakmetals.com

Date: 12/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Mon, 08 Apr 2024
Compliance Certificate Under Regulation 7(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For The Year Ended 31St March 2024
Pursuant to requirement of Regulation 7 (3) of SEBI LODR REgulations 2015 find attached herewith the compliance certificate for the year ended 31st March 2024.
Mon, 08 Apr 2024
Regulation 40(10) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.
Pursuant to Regulation 40(10) of SEBI LODR Regulations 2015 please find attached herewith the certificate for the year ended 31st March 2024

Sarthak Metals Ltd. Technical Scans

Fri, 19 Apr 2024
Opening at High Opening at High
Closing Above Previous High Closing Above Previous High
Closing Above Previous High for 2 Days Closing Above Previous High for 2 Days
Making Higher Highs for 2 Days Making Higher Highs for 2 Days
High Increase in 1 Month High Increase in 1 Month

Sarthak Metals Ltd. Related Stocks

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Jindal Steel & Power Ltd. 94,608.07 924.75 +2.1%
Steel Authority Of India Ltd. 60,285.02 145.95 +0.8%
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APL Apollo Tubes Ltd. 43,155.07 1,555.00 +1.5%
Lloyds Metals & Energy Ltd. 36,547.51 725.00 +0.5%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 18.93 864.40 +2.4%
Tata Steel Ltd. Consolidated 2023-12 0.00 162.10 +1.3%
Jindal Steel & Power Ltd. Consolidated 2023-12 17.31 924.75 +2.1%
Steel Authority Of India Ltd. Consolidated 2023-12 19.45 145.95 +0.8%
Jindal Stainless Ltd. Consolidated 2023-12 19.14 692.30 +2.8%
APL Apollo Tubes Ltd. Consolidated 2023-12 56.50 1,555.00 +1.5%
Lloyds Metals & Energy Ltd. Consolidated 2023-12 29.59 725.00 +0.5%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
JSW Steel Ltd. Consolidated 2023-12 2.77 864.40 +2.4%
Tata Steel Ltd. Consolidated 2023-12 2.27 162.10 +1.3%
Jindal Steel & Power Ltd. Consolidated 2023-12 2.18 924.75 +2.1%
Steel Authority Of India Ltd. Consolidated 2023-12 1.07 145.95 +0.8%
Jindal Stainless Ltd. Consolidated 2023-12 4.09 692.30 +2.8%
APL Apollo Tubes Ltd. Consolidated 2023-12 12.52 1,555.00 +1.5%
Lloyds Metals & Energy Ltd. Consolidated 2023-12 14.55 725.00 +0.5%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 1.21 864.40 +2.4%
Tata Steel Ltd. Consolidated 2023-03 0.76 162.10 +1.3%
Jindal Steel & Power Ltd. Consolidated 2023-03 0.32 924.75 +2.1%
Steel Authority Of India Ltd. Consolidated 2023-03 0.56 145.95 +0.8%
Jindal Stainless Ltd. Consolidated 2023-03 0.32 692.30 +2.8%
APL Apollo Tubes Ltd. Consolidated 2023-03 0.29 1,555.00 +1.5%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 0.00 725.00 +0.5%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 864.40 +2.4%
Tata Steel Ltd. Consolidated 2023-03 7.48 162.10 +1.3%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 924.75 +2.1%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 145.95 +0.8%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 692.30 +2.8%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,555.00 +1.5%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 -29.04 725.00 +0.5%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 6.26 864.40 +2.4%
Tata Steel Ltd. Consolidated 2023-03 7.48 162.10 +1.3%
Jindal Steel & Power Ltd. Consolidated 2023-03 8.59 924.75 +2.1%
Steel Authority Of India Ltd. Consolidated 2023-03 4.00 145.95 +0.8%
Jindal Stainless Ltd. Consolidated 2023-03 22.13 692.30 +2.8%
APL Apollo Tubes Ltd. Consolidated 2023-03 23.51 1,555.00 +1.5%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 -29.04 725.00 +0.5%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 165,960.00 864.40 +2.4%
Tata Steel Ltd. Consolidated 2023-03 243,352.69 162.10 +1.3%
Jindal Steel & Power Ltd. Consolidated 2023-03 52,711.18 924.75 +2.1%
Steel Authority Of India Ltd. Consolidated 2023-03 104,447.72 145.95 +0.8%
Jindal Stainless Ltd. Consolidated 2023-03 35,697.03 692.30 +2.8%
APL Apollo Tubes Ltd. Consolidated 2023-03 16,165.95 1,555.00 +1.5%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 3,392.31 725.00 +0.5%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
JSW Steel Ltd. Consolidated 2023-03 4,139.00 864.40 +2.4%
Tata Steel Ltd. Consolidated 2023-03 8,075.35 162.10 +1.3%
Jindal Steel & Power Ltd. Consolidated 2023-03 3,193.21 924.75 +2.1%
Steel Authority Of India Ltd. Consolidated 2023-03 2,176.53 145.95 +0.8%
Jindal Stainless Ltd. Consolidated 2023-03 2,083.83 692.30 +2.8%
APL Apollo Tubes Ltd. Consolidated 2023-03 641.86 1,555.00 +1.5%
Lloyds Metals & Energy Ltd. Consolidated 2023-03 -288.54 725.00 +0.5%

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