Sarthak Metals Ltd (IN:SMLT)
:SMLT
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Sarthak Metals Ltd
(SMLT)
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Rating:51Neutral
Price Target:
₹63.00
▼(-36.11% Downside)
Action:ReiteratedDate:03/05/26
The score is held back primarily by the sharp FY2025 slowdown and deterioration in cash generation (negative operating and deeply negative free cash flow). A debt-free balance sheet helps reduce financial risk, but the technical setup remains weak with the stock trading below key moving averages. Valuation is only average given a ~22.7 P/E and a low dividend yield.
Positive Factors
Debt-free balance sheet
Zero reported debt is a durable financial advantage: it lowers bankruptcy and refinancing risk, preserves access to credit on better terms if needed, and gives the company flexibility to withstand cyclical downturns in steel demand without interest-driven cash drain.
Negative Factors
Top-line contraction
An 11% revenue decline is a material sign of weakened demand or lost volumes; over several months this reduces scale economics, strains fixed-cost absorption and narrows room to recover margins, making earnings and cash flow more sensitive to market cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
Zero reported debt is a durable financial advantage: it lowers bankruptcy and refinancing risk, preserves access to credit on better terms if needed, and gives the company flexibility to withstand cyclical downturns in steel demand without interest-driven cash drain.
Read all positive factors
Sarthak Metals Ltd (SMLT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹892.02M
Dividend Yield0.58%
Average Volume (3M)1.42K
Price to Earnings (P/E)22.7
Beta (1Y)0.71
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees153
SectorBasic Materials
Sector Strength58
IndustryManufacturing - Metal Fabrication
Share Statistics
EPS (TTM)0.95
Shares Outstanding13,689,750
10 Day Avg. Volume1,418
30 Day Avg. Volume1,424
Financial Highlights & Ratios
PEG Ratio-0.58
Price to Book (P/B)1.40
Price to Sales (P/S)0.94
P/FCF Ratio-22.83
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 manufactures and sells cored wires, ferro alloys, aluminum wires, industrial gases, and related products in India and internationally. It offers calcium silicide, calcium iron, calcium solid, calcium aluminium iron, lead, fe...
How the Company Makes Money
Sarthak Metals Ltd generates revenue by manufacturing and supplying metallurgical products such as cored wires, aluminum flipping coils, and Manganese alloys. These products are used by steel manufacturers to enhance production efficiency and impr...
Sarthak Metals Ltd Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
82
Very Positive
Cash Flow
35
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.75B | 1.78B | 3.04B | 4.06B | 4.55B | 2.22B |
| Gross Profit | 335.34M | 306.31M | 438.33M | 480.29M | 613.14M | 208.99M |
| EBITDA | 88.91M | 96.69M | 217.83M | 431.02M | 415.34M | 162.22M |
| Net Income | 37.10M | 41.20M | 138.28M | 297.63M | 274.81M | 79.94M |
Balance Sheet | ||||||
| Total Assets | 1.29B | 1.24B | 1.20B | 1.10B | 1.16B | 912.54M |
| Cash, Cash Equivalents and Short-Term Investments | 141.30M | 291.68M | 349.64M | 151.68M | 64.75M | 18.36M |
| Total Debt | 28.54M | 0.00 | 0.00 | 0.00 | 223.31M | 312.01M |
| Total Liabilities | 73.51M | 42.24M | 38.44M | 49.94M | 381.44M | 381.52M |
| Stockholders Equity | 1.21B | 1.20B | 1.16B | 1.05B | 779.37M | 531.03M |
Cash Flow | ||||||
| Free Cash Flow | -158.11M | -73.57M | 221.09M | 319.87M | 145.34M | -19.08M |
| Operating Cash Flow | -150.37M | -1.92M | 268.07M | 349.72M | 164.37M | -5.57M |
| Investing Cash Flow | -22.48M | -56.71M | -33.29M | -15.30M | 31.08M | -13.21M |
| Financing Cash Flow | 20.54M | -3.96M | -32.19M | -260.40M | -152.34M | 40.48M |
Sarthak Metals Ltd Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | ₹1.48B | 15.66 | ― | ― | ― | ― | |
63 Neutral | ₹1.21B | 13.22 | ― | ― | 29.24% | 75.16% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
57 Neutral | ₹1.61B | 28.65 | ― | 0.28% | 19.61% | 21.47% | |
52 Neutral | ₹1.69B | 64.12 | ― | ― | 119.41% | -35.45% | |
51 Neutral | ₹892.02M | 22.71 | ― | 0.58% | ― | ― | |
45 Neutral | ₹899.61M | -5.31 | ― | ― | -41.73% | -37.19% |
* Basic Materials Sector Average
IN:SMLT
Sarthak Metals Ltd
65.16
-43.55
-40.06%
IN:CENTEXT
Century Extrusions Ltd
18.49
0.42
2.32%
IN:CUBEXTUB
Cubex Tubings Ltd
84.66
4.83
6.05%
IN:MANAKALUCO
Manaksia Aluminium Company Ltd
24.60
3.76
18.04%
IN:MCL
Madhav Copper Ltd.
62.16
17.43
38.97%
IN:SHYAMCENT
Shyam Century Ferrous Ltd.
4.24
-3.99
-48.48%
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.