SG MART LIMITED

SG MART LIMITED

SGMARTNSE / BSEIndustrialsSmall Cap

₹855.80-₹4.55 (-0.5%)

Last close · Data as of Oct 30, 2026

Market cap
₹4,314 Cr
P/E
44.9x
EV / EBITDA
44.8x
Revenue
₹5,512 Cr
Net margin
2.3%
ROCE
4.9%

+138.4% over the last year

SG MART LIMITED price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
+13.9%
3M
+23.5%
6M
+50.0%
1Y
+138.4%
5Y
+432.2%

52-week range

Day change -₹4.55 (-0.5%) from ₹860 to ₹856 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in SGMART, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Revenue grew 105.4% YoY

Concerns1

  • Low return on equity of 5.6%

Rule-based from financial data. Not advice.

About the company

SG Mart Limited, together with its subsidiaries, trades in building material products in India and internationally. The company distributes downstream steel products, including thermo-mechanically treated (TMT) bars, angles, channels, mesh net wires, binding wires, and related items; welding wires; and hot rolled coils, steel billets, and zinc ingots.

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SG Mart Limited, together with its subsidiaries, trades in building material products in India and internationally. The company distributes downstream steel products, including thermo-mechanically treated (TMT) bars, angles, channels, mesh net wires, binding wires, and related items; welding wires; and hot rolled coils, steel billets, and zinc ingots. It also trades in mesh nets; welding rods; steel tubes; sanitaryware; bath fittings; laminates; galvanised and hot rolled sheets; ceramic range of tiles; premium tiles adhesive and grouts; double charge tiles; home appliances; lighting for domestic, commercial and industrial applications; modular switches and wiring accessories; water heaters; and industrial and domestic circuit protection switchgears, cables, and wires. In addition, the company processes building material products, including cut to length, chequered, and slitted steel sheets. Further, it supplies solar module mounting structures. The company sells its products through the APL Apollo SG TMT, APL Apollo Agni, and Strong brands. The company was formerly known as Kintech Renewables Limited and changed its name to SG Mart Limited in October 2023. SG Mart Limited was incorporated in 1985 and is based in Noida, India.

Sector
Industrials
Shares outstanding
12.6 Cr shares
ISIN
INE385F01024
BSE code
512329

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹4,314 Cr
P/E
44.9x
P/B
2.9x
EV / EBITDA
44.8x
EV / Sales
1.6x
P/S
1.6x
Earnings yield
2.2%
52-week high
₹860.35
52-week low
₹319.35

Profitability

Operating margin
2.3%
Net margin
2.3%
EBITDA margin
3.5%
ROE
5.6%
ROCE
4.9%
ROA
4.1%
Dividend payout
0.0%
Tax rate
25.0%
Other income, % of PBT
39.5%

Growth

Revenue
₹5,512 Cr
Revenue growth, 1Y
105.4%
EBITDA
₹94.0 Cr
Net profit growth, 1Y
54.1%
Cash from operations
₹30.0 Cr
CFO growth, 1Y
650.0%
Free cash flow
-₹122 Cr
Asset growth, 1Y
12291.7%

Solvency and efficiency

Current ratio
6.56
Debt / Equity
0.17
Debt / Assets
0.12
Debt / EBITDA
1.94
Interest coverage
5.17
Financial leverage
1.37
CFO / Net profit
0.49
Cash / Market cap
33.2%
Cash per share
₹113.45
Asset turnover
1.80
Fixed asset turnover
68.79
Capital intensity
0.01
Debtor days
12 days
Inventory turnover
36.50
Cash conversion cycle
-6 days

Where the revenue went

Some FY2025 lines are not reported, so the ones that are appear as a table.

LineFY2025
Sales₹5,512 Cr
Expenses₹5,423 Cr
Operating profit₹88 Cr
Other income₹84 Cr
Interest₹44 Cr
Depreciation₹2 Cr
Profit before tax₹127 Cr
Tax and other₹33 Cr
Net profit₹94 Cr

Revenue and net profit

Revenue grew 105.4% in FY2025; net profit is the dashed line.

SG MART LIMITED revenue and net profit by fiscal year
SG MART LIMITED revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹6 Cr₹0 Cr
FY2022₹0 Cr₹0 Cr
FY2023₹2 Cr₹0 Cr
FY2024₹2,683 Cr₹61 Cr
FY2025₹5,512 Cr₹94 Cr

Cash flows

FY2025: -₹269 Cr from operations, -₹602 Cr free after investment (dashed).

SG MART LIMITED operating and free cash flow by fiscal year
SG MART LIMITED operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021-₹5 Cr-₹4 Cr
FY2022₹1 Cr-₹3 Cr
FY2023₹4 Cr₹10 Cr
FY2024₹30 Cr-₹1,076 Cr
FY2025-₹269 Cr-₹602 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹5,512 Cr+105.4%1Y
Net profit
₹94 Cr+54.1%1Y
Cash from operations
-₹269 Cr
Free cash flow
-₹602 Cr
EBITDA CAGR, 5Y
148.1%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹5,512 Cr₹88 Cr—₹94 Cr-₹269 Cr-₹602 Cr7.8%+105.4%+54.1%

Monthly returns

Month-by-month returns of SGMART across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹2,251 Cr
Equity capital₹11 Cr
Reserves₹1,187 Cr
Borrowings₹689 Cr
Other liabilities₹364 Cr
Assets₹2,251 Cr
Fixed assets₹183 Cr
Capital work in progress₹11 Cr
Investments₹167 Cr
Other assets₹1,890 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

P/E against peers

SGMART trades at 44.9x earnings against a peer median of 38.3x (a 17% premium).

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
SG MART LIMITEDSGMARTthis companyP/E ↑ premium₹4,314 Cr44.9x2.9x5.6%44.8x
Skipper LimitedSKIPPER₹4,489 Cr26.5x3.6x8.4%14.0x
AGI GREENPAC LIMITEDAGI₹4,449 Cr12.6x2.0x13.8%8.2x
KRN HEAT EXCHANGER AND REFRIGERATION LIMITEDKRN₹4,423 Cr67.2x8.3x30.5%69.4x
Kennametal India LimtiedKENNAMET₹4,410 Cr40.4x5.9x——
Swaraj Engines Ltd.SWARAJENG₹4,379 Cr24.7x11.2x37.5%21.3x
Ashoka Buildcon LimitedASHOKA₹4,227 Cr21.0x1.0x11.6%4.7x
RAGHAV PRODUCTIVITY ENHANCERS LIMITEDRPEL₹4,170 Cr154.0x21.9x15.7%112.3x
Precision Wires India ltd.PRECWIRE₹4,146 Cr37.3x6.2x14.4%26.6x
Peer median—38.3x5.2x15.2%25.8x

Year-to-date ROI

SGMART since 1 January, against earlier years.

Historical volatility

SGMART's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

SG MART LIMITED operating margin by fiscal year
SG MART LIMITED operating margin by fiscal year
DateOperating margin
FY2021-2.0%
FY2022-425.0%
FY2023-48.0%
FY20242.0%
FY20252.0%
LineFY2025
RevenueSales₹5,512 Cr
Costs
Interest₹44 Cr
Expenses₹5,423 Cr
Profit before tax₹127 Cr

Learn while you research

Academy chapters picked for SG MART LIMITED and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 44.9, learn when high multiples are justified.6 min read
  4. 04 Growth Investing105% revenue growth is in the top tier, learn how to value growth.7 min read
  5. 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  6. 06 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
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