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Sarthak Metals Ltd
(SMLT)
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Rating:50Neutral
Price Target:
₹75.00
▼(-23.94% Downside)
Action:Reiterated
Date:10/02/26
The score is primarily constrained by weakened financial performance, led by a major cash flow breakdown and much lower earnings versus prior peak years, despite a conservatively financed balance sheet. Technicals are supportive with price above key averages but mixed momentum signals. Valuation appears roughly fair with a modest dividend yield, offering limited offset to the cash flow risk.
Positive Factors
Conservative balance sheet
Low leverage gives the company greater financial flexibility and reduces the burden of interest and refinancing obligations. This conservatively financed structure can help Sarthak Metals withstand weaker earnings periods and preserve capacity for investment or operating needs.
Negative Factors
Severe cash flow deterioration
Sustained negative operating and free cash flow is a major fundamental weakness because reported earnings are not translating into cash. The resulting working-capital strain or investment burden can consume balance-sheet flexibility and limit internally funded growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Low leverage gives the company greater financial flexibility and reduces the burden of interest and refinancing obligations. This conservatively financed structure can help Sarthak Metals withstand weaker earnings periods and preserve capacity for investment or operating needs.
Read all positive factors
Sarthak Metals Ltd (SMLT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.02B
Dividend Yield0.67%
Average Volume (3M)1.75K
Price to Earnings (P/E)22.0
Beta (1Y)0.89
Revenue Growth9.35%
EPS Growth29.16%
CountryIN
Employees149
SectorGeneral
Sector StrengthN/A
IndustrySteel
Share Statistics
EPS (TTM)3.58
Shares Outstanding13,689,750
10 Day Avg. Volume3,731
30 Day Avg. Volume1,752
Financial Highlights & Ratios
PEG Ratio1.42
Price to Book (P/B)0.63
Price to Sales (P/S)0.41
P/FCF Ratio-2.43
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Sarthak Metals Ltd Business Overview & Revenue Model
Company Description
Sarthak Metals Limited, established in 1995 and headquartered in Bhilai, India, produces and globally distributes a wide array of industrial materials. Its offerings encompass cored wires, various ferroalloys, aluminum wires, and industrial gases....
Sarthak Metals Ltd Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
78
Positive
Cash Flow
29
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.01B | 1.92B | 1.78B | 3.04B | 4.06B | 4.55B |
| Gross Profit | 302.35M | 215.15M | 306.31M | 438.33M | 480.29M | 613.14M |
| EBITDA | 84.74M | 99.51M | 96.69M | 217.83M | 431.02M | 415.34M |
| Net Income | 48.79M | 46.11M | 41.20M | 138.28M | 297.63M | 274.81M |
Balance Sheet | ||||||
| Total Assets | 1.36B | 1.37B | 1.24B | 1.20B | 1.10B | 1.16B |
| Cash, Cash Equivalents and Short-Term Investments | 2.06M | 1.00M | 284.87M | 349.64M | 151.68M | 64.75M |
| Total Debt | 52.33M | 65.99M | 0.00 | 0.00 | 0.00 | 223.31M |
| Total Liabilities | 104.66M | 127.36M | 42.24M | 38.44M | 49.94M | 381.44M |
| Stockholders Equity | 1.25B | 1.24B | 1.20B | 1.16B | 1.05B | 779.37M |
Cash Flow | ||||||
| Free Cash Flow | -158.11M | -323.13M | -73.57M | 221.09M | 319.87M | 145.34M |
| Operating Cash Flow | -150.37M | -313.94M | -1.92M | 268.07M | 349.72M | 164.37M |
| Investing Cash Flow | -22.48M | -35.85M | -56.71M | -33.29M | -15.30M | 31.08M |
| Financing Cash Flow | 20.54M | 59.15M | -3.96M | -32.19M | -260.40M | -152.34M |
Sarthak Metals Ltd Technical Analysis
Positive
98.60
Price Trends
65.93
Positive
68.41
Positive
71.75
Positive
Market Momentum
-0.39
Negative
69.16
Neutral
76.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SMLT, the sentiment is Positive. The current price of 98.6 is above the 20-day moving average (MA) of 62.09, above the 50-day MA of 65.93, and above the 200-day MA of 71.75, indicating a bullish trend. The MACD of -0.39 indicates Negative momentum. The RSI at 69.16 is Neutral, neither overbought nor oversold. The STOCH value of 76.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SMLT.
Sarthak Metals Ltd Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | ₹14.35B | 37.98 | ― | 0.59% | 13.71% | 0.15% | |
65 Neutral | ₹189.21B | 57.98 | ― | 0.20% | 15.53% | 21.46% | |
60 Neutral | ₹9.77B | 152.10 | ― | 0.11% | 42.34% | -20.35% | |
57 Neutral | ₹27.43B | 23.59 | ― | 0.72% | 9.58% | 2.00% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
52 Neutral | ₹10.49B | 25.67 | ― | 0.58% | 4.22% | -1.86% | |
50 Neutral | ₹1.02B | 21.99 | ― | 0.67% | 9.35% | 29.16% |
* General Sector Average
IN:SMLT
Sarthak Metals Ltd
79.22
-26.38
-24.98%
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Sarthak Metals Ltd Corporate Events
Sarthak Metals Publishes Q1 FY27 Unaudited Results in National and Regional Dailies
Aug 14, 2026
Sarthak Metals Limited has reported that its unaudited financial results for the quarter ended June 30, 2026, have been formally published in compliance with Regulation 47 of SEBI’s Listing Obligations and Disclosure Requirements. The result...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.