Sarthak Metals Ltd · NSE:SMLT
Sarthak Metals — Q4 FY26 Earnings Presentation
30 slides from Sarthak Metals's earnings presentation, May 23, 2026
Slide 1: Regulation 30 cover letter to stock exchanges
Date: 23/05/2026 To, To, The Manager, Listing Department, Listing & Compliance, National Stock Exchange of India Limited, BSE Limited C-1, G-Block, Bandra-Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai - 400 001. Ref: Scrip Code - 540393 Ref: Scrip Symbol
Slide 2: Earnings Presentation Q4 FY26
EARNINGS MODERN METALLURGICAL SOLUTIONS FOR FINE TUNING STEEL PRESENTATION Q4 FY26
Slide 3: Topics and slide numbers
Q4 FY26 EARNINGS PRESENTATION TOPICS SLIDE NO. FINANCIAL RESULTS 03 BUSINESS UPDATE 07 COMPANY BACKGROUND 10 FINANCIAL TRENDS 23 SUSTAINABILITY INITIATIVES 28
Slide 4: Financial Results topics
Q4 FY26 EARNINGS PRESENTATION TOPICS SLIDE NO. FINANCIAL RESULTS 03 OPERATIONAL HIGHLIGHTS 04 P&L SUMMARY 05 MANAGEMENT COMMENTARY 06 BUSINESS UPDATE 07 COMPANY BACKGROUND 10 FINANCIAL TRENDS 23 SUSTAINABILITY INITIATIVES 28
Slide 5: Core Operational Highlights Q4 FY26
CORE OPERATIONAL 4 Q4 FY26 EARNINGS PRESENTATION HIGHLIGHTS Q4 FY26 VOLUMES & REALIZATIONS CORED WIRES WELDING ALUMINIUM FLIPPING COILS OPERATIONAL HIGHLIGHTS 43 CRORE 2,000 2.65 5 CRORE 500 1.20 9 CRORE 400 2.70 2.68 2.62 1,800 450 2.57 2.60 1.18 REVENUE 1,600 REVENUE 400 1.18 REVENUE 350 2.55 1.16
Slide 6: Q4 FY26 P&L Summary
Q4 FY26 5 S Q4 FY26 EARNINGS PRESENTATION P&L SUMMARY PARTICULARS ( ₹ I N C R O R E S ) Q4FY26 Q3FY26 Q4FY25 YOY% change QOQ% change Revenue from Operations 61.99 47.73 48.08 29 30 Total Income 62.64 48.22 48.98 28 30 Operating Expenses 59.48 45.63 46.72 27 30 EBITDA (Excluding OI & EI) 2.51 2.10 1.
Slide 7: Management Commentary
MANAGEMENT “ 6 Q4 FY26 EARNINGS PRESENTATION COMMENTARY COMMENTING ON THE Q4 FY26 “India continues to remain one of the most attractive long-term steel markets globally, supported by sustained investments PERFORMANCE, SANJAY SHAH, EXECUTIVE in infrastructure, railways, housing, manufacturing, and go
Slide 8: Business Update topics
Q4 FY26 EARNINGS PRESENTATION TOPICS SLIDE NO. FINANCIAL RESULTS 03 BUSINESS UPDATE 07 WELDING 08 BIOTECHNOLOGY 09 COMPANY BACKGROUND 10 FINANCIAL TRENDS 23 SUSTAINABILITY INITIATIVES 28
Slide 9: Welding Business
8 OVERVIEW Flux Core Arc Welding is a type of welding process using consumable electrode that contains flux around it INDIAN IMPORTS OF FLUX CORED WIRE IN MT Flux melts together with the electrode during the welding process and shields the joint Q4 FY26 EARNINGS PRESENTATION Presently, India has lit
Slide 10: Biotechnology
9 WHAT IS Biotechnology is the branch of applied science that uses living organisms and their derivatives to produce products and Q4 FY26 EARNINGS PRESENTATION BIOTECHNOLOGY? processes. These products and processes feature in healthcare, medicine, biofuels, and environmental safety. India’s BioEcono
Slide 11: Company Background topics
Q4 FY26 EARNINGS PRESENTATION TOPICS SLIDE NO. FINANCIAL RESULTS 03 BUSINESS UPDATE 07 COMPANY BACKGROUND 10 DESRAJ BANSAL GROUP 11 CLIENTS 19 SARTHAK METALS SNAPSHOT 12 WAREHOUSING CAPABILITIES 20 MILESTONES 15 LEADERSHIP 21 PRODUCT CATEGORIES 17 BOARD OF DIRECTORS 22 INFRASTRUCTURE 18 FINANCIAL TR
Slide 12: Desraj Bansal Group
* Provisional Figure 11 ₹650+ Cr Q4FY26 EARNINGS PRESENTATION leading business group with interests in the Metals and Energy sector 5 3 state-of-the-art fully-functional Manufacturing facilities in Bhilai, GROUP Chhattisgarh housed under ENTITIES DESRAJ BANSAL GROUP SARTHAK METALS LTD SARTHAK ENERGY
Slide 13: Sarthak Metals Ltd
12 SARTHAK “SARTHAK” IS PART OF THE 650+ Cr DB GROUP Q4 FY26 EARNINGS PRESENTATION 01 METALS INDIA’S LEADING MANUFACTURER & EXPORTER OF CORED WIRES & ALUMINIUM FLIPPING COILS LTD Being an experienced and quality conscious manufacturer, Sarthak is the preferred supplier to some of India’s largest ste
Slide 14: Sarthak Energy Pvt Ltd
13 Q4 FY26 EARNINGS PRESENTATION 02 SARTHAK GROUP ENTITIES ENERGY 2 MW PVT LTD SOLAR POWER PLANT SOLAR ENERGY DESRAJ BANSAL GROUP
Slide 15: Bansal Brothers Ferroalloys
14 BANSAL Q4 FY26 EARNINGS PRESENTATION 03 BROTHERS FERROALLOYS GROUP ENTITIES 6,000 TPA FERROALLOYS CAPACITY DESRAJ BANSAL GROUP
Slide 16: Milestones
15 Q4 FY26 EARNINGS PRESENTATION 1995 INCORPORATED 2008 COMMENCED PRODUCTION OF with an industrial gases unit producing ALUMINIUM industrial oxygen and carbon dioxide FLIPPING COILS catering to industries units in its vicinity with the first mill built in-house 2002 FIRST CORED WIRE MILL 2012 STARTE
Slide 17: Milestones
16 Q4 FY26 EARNINGS PRESENTATION 2017 IPO & BSE LISTING 2023 ENTERED FLUX CORED WIRE Raised funds through its initial public offer BUSINESS WITH HUGE IMPORT and got listed on BSE SME SUBSTITUTION OPPORTUNITY 2018 COMMENCED BACKWARD 2024 VENTURED INTO BIOTECH INTEGRATION FOR FLIPPING Starting with al
Slide 18: Product Categories
17 PRODUCT Q4 FY26 EARNINGS PRESENTATION CATEGORIES CORED WIRES ALUMINIUM WIRE FEEDER Cored Wires are a product of wire injection technology of steels. They consist of steel tubes (wires) filled with various alloys that are injected in molten metal for introducing different FLIPPING COILS MACHINES c
Slide 19: Infrastructure
18 Manufacturing Capacity (Double Shift) CORED WIRES ALUMINIUM FLIPPING COILS PRODUCTION TRENDS Q4 FY26 EARNINGS PRESENTATION IN TPA Expanded 10,000 TPA 15,000 TPA 9,925 in FY23 8,569 Manufacturing Manufacturing 04 Lines 02 Lines 7,196 Built in-house specific to company needs equipped with sophistic
Slide 20: Clients
19 INDIA Q4 FY26 EARNINGS PRESENTATION CLIENT PROFILE STEEL PLANTS FABRICATION UNITS FOUNDRIES & BEYOND 85% REPEAT BUSINESS MILESTONES SHADED IRON TOP 5 CLIENTS SALES & STEEL CO. LLC 40% CONTRIBUTION 10+ YEAR 20 RELATIONSHIPS 5+ YEAR 05 CLIENTS RELATIONSHIPS
Slide 21: Warehousing Capabilities
20 Q4 FY26 EARNINGS PRESENTATION CORED 1,500 SQ. MT. 2,000+ TONNES EQUIVALENT TO WIRES MATERIAL STORAGE SPACE 3 MONTHS’ BUFFER SUFFICIENT SPACE TO STOCK FINISHED PRODUCTS AS WELL ALUMINIUM 4,000+ TONNES FLIPPING 2,800 SQ. MT. EQUIVALENT TO MATERIAL STORAGE SPACE COILS 4 MONTHS’ BUFFER MILESTONES Sta
Slide 22: Leadership
LEADERSHIP 21 Q4 FY26 EARNINGS PRESENTATION ANOOP KUMAR BANSAL SANJAY SHAH MAYUR BHATT MANAGING DIRECTOR WHOLE-TIME DIRECTOR WHOLE-TIME DIRECTOR & CEO Mr Bansal has a Bachelors in Commerce degree from Mr Shah is a Whole-Time Director and the head of Mr Bhatt is a Whole-Time Director and the Chief Na
Slide 23: Board of Directors
22 Q4 FY26 EARNINGS PRESENTATION BOARD OF DIRECTORS MR SUNIL KUMAR AGARWAL MS RAMA KOHLI MR SUNIL DUTT BHATT MR DWADASI VENKATA GIRI CHAIRMAN & NON-EXECUTIVE, NON-EXECUTIVE, NON-EXECUTIVE, INDEPENDENT NON-EXECUTIVE, INDEPENDENT NON-INDEPENDENT DIRECTOR INDEPENDENT WOMAN DIRECTOR DIRECTOR DIRECTOR Mr
Slide 24: Financial Trends topics
Q4 FY26 EARNINGS PRESENTATION TOPICS SLIDE NO. FINANCIAL RESULTS 03 BUSINESS UPDATE 07 COMPANY BACKGROUND 11 FINANCIAL TRENDS 23 5 YEAR FINANCIAL TRENDS 24 SHAREHOLDER VALUE CREATION 25 OPERATIONAL EFFICIENCY METRICS 26 SUSTAINABILITY INITIATIVES 28
Slide 25: 5 Year Financial Trends
5 YEAR FINANCIAL 24 Q4 FY26 EARNINGS PRESENTATION TRENDS REVENUE FROM PROFIT EBITDA & EQUITY & OPERATIONS AFTER TAX EBITDA MARGINS DEBT TO EQUITY (₹ IN CRORES) (₹ IN CRORES) (₹ IN CRORES & IN %) (₹ IN CRORES & TIMES) 50.0 12.0% 140 0.35 10.6% 45.0 0.29 9.1% 120 0.3 10.0% 40.0 100 0.25 35.0 7.1% 8.0%
Slide 26: Shareholder Value Creation
25 Q4 FY26 EARNINGS PRESENTATION ROCE DIVIDEND SHARE PRICE SINCE LISTING* V/S BSE SENSEX SHAREHOLDING IN % PER SHARE PRICE (INDEXED) PERFORMANCE PATTERN SHARE 0.14% FIIs IN ₹ Sarthak Metals SENSEX 400.0 31.05% 300.0 PUBLIC 2 200.0 5.74% 4.03% 68.81% 45.70% 40.00% 16.90% 100.0 PROMOTERS 0.5 1 2 1 0.0
Slide 27: Operational Efficiency Metrics
OPERATIONAL EFFICIENCY 26 Q4 FY26 EARNINGS PRESENTATION METRICS OPERATIONAL EFFICIENCY METRICS WORKING CAPITAL INVENTORY DAYS ASSETS TURNOVER RATIO TRADE RECEIVABLES IN DAYS IN DAYS IN TIMES TURNOVER IN DAYS 205 173 4.4 3.6 2.7 1.5 1.5 48 49 23 68 79 23 13 21 80 13 56 84 94 FY22 FY23 FY24 FY25 FY26*
Slide 28: Sustainability Initiatives topics
Q4 FY26 EARNINGS PRESENTATION TOPICS SLIDE NO. FINANCIAL RESULTS 03 BUSINESS UPDATE 07 COMPANY BACKGROUND 11 FINANCIAL TRENDS 24 SUSTAINABILITY INITIATIVES 28
Slide 29: Sustainability Initiatives
SUSTAINABILITY 28 Q4 FY26 EARNINGS PRESENTATION INITIATIVES GOING GREEN WITH BIOTECHNOLOGY USAGE OF ALUMINIUM SCRAP SOLAR POWER Enzymes offer a sustainable alternative to traditional chemical Production of about 75% of Aluminium Flipping Coil of Sarthak With 400 KW of renewable energy used, the proc
Slide 30: Get in Touch
29 Q4 FY26 EARNINGS PRESENTATION NARENDRA DEWANGAN GET IN Sarthak Metals Limited cfo@sarthakmetals.com TOUCH PRATIK JAIN Sarthak Metals Limited cs@sarthakmetals.com MUTHUKUMAR K Wisdom IR muthukumar@wisdomsmith.com +91 9867191576 SAFE HARBOUR This document which has been prepared by Sarthak Metals L