Sarthak Metals Ltd

₹ 113 -2.07%
12 Aug - close price
About

Sarthak Metals Ltd (earlier known as Sarthak Metals Marketing Private Limited) was incorporated in 1995 and is a part of the DB group. The co. is engaged in the manufacturing of Cored wires, Aluminum wire rods and Wire feeder machines which have wide application in various steel-making processes like Steel plants, Fabrication units and foundries. [1][2][3]

Key Points

Product Portfolio
Cored Wires: Cored Wires are a product of wire injection technology of steel. They consist of steel tubes (wires) filled with various alloys that are injected in molten metal for introducing different characteristics in the metal.
Aluminum Wire flipping coils: Aluminium flipping coils are used in the steel manufacturing process for de-oxidising of molten steel and as an alloying element for manufacturing specialized steel.
Wire Feeder Machines: The Company offers a wide range of customized machines that are designed to inject cored wires into molten steel for metallurgical process control. [1]

  • Market Cap 155 Cr.
  • Current Price 113
  • High / Low 145 / 59.0
  • Stock P/E 6.33
  • Book Value 63.2
  • Dividend Yield 1.76 %
  • ROCE 40.1 %
  • ROE 38.8 %
  • Face Value 10.0
Rama Debi
Rama Debi
She took active part in Khadi Movement. She donated all her gold ornaments in appeal to Gandhiji's non-cooperation movement. She was arrested multiple times across multiple movements. She accompanied Gandhiji in a foot march in Odisha.
Unsung Heroes →
Swami Brahmanand
Swami Brahmanand
He was jailed multiple times for participating in the Salt Satyagrah, Non-Cooperation Movement, and Quit India Movement. He was a social reformer and established teaching institutes such as Brahmanand Inter College (1938), Brahmanand Sanskrit Mahavidyalaya (1943) and Brahamanand Mahavidyalaya (1960).
Unsung Heroes →

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 45.6% CAGR over last 5 years

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
59.10 106.76 95.28 108.00 64.20 147.25 133.72
52.91 95.91 87.76 100.36 58.98 135.37 122.78
Operating Profit 6.19 10.85 7.52 7.64 5.22 11.88 10.94
OPM % 10.47% 10.16% 7.89% 7.07% 8.13% 8.07% 8.18%
0.01 0.15 2.87 0.20 0.24 0.40 1.52
Interest 0.69 1.02 0.87 1.02 0.80 1.09 0.65
Depreciation 0.52 0.41 0.39 0.36 0.57 0.46 0.31
Profit before tax 4.99 9.57 9.13 6.46 4.09 10.73 11.50
Tax % 25.25% 25.91% 24.10% 24.15% 28.36% 24.70% 25.39%
Net Profit 3.73 7.09 6.93 4.91 2.94 8.08 8.58
EPS in Rs 2.72 5.18 5.06 3.59 2.15 5.90 6.27

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
105 101 113 147 151 128 152 171 189 214 222 457 453
99 95 106 139 144 119 143 161 177 203 206 419 417
Operating Profit 6 6 6 8 7 9 9 10 12 11 16 38 36
OPM % 6% 6% 6% 5% 5% 7% 6% 6% 6% 5% 7% 8% 8%
0 0 1 0 1 1 2 2 2 1 0 4 2
Interest 2 3 3 3 3 3 4 3 4 4 3 4 4
Depreciation 1 1 1 1 1 1 1 1 2 2 2 2 2
Profit before tax 4 2 3 4 4 5 6 7 8 6 11 36 33
Tax % 34% 34% 30% 33% 32% 34% 34% 32% 28% 28% 26% 23%
Net Profit 2 2 2 3 3 4 4 5 6 5 8 27 25
EPS in Rs 22.75 4.16 2.97 2.15 2.37 2.95 2.89 3.48 4.21 3.37 5.84 20.07 17.91
Dividend Payout % 0% 0% 0% 0% 0% 0% 17% 0% 12% 15% 17% 10%
Compounded Sales Growth
10 Years: 16%
5 Years: 25%
3 Years: 34%
TTM: 106%
Compounded Profit Growth
10 Years: 31%
5 Years: 46%
3 Years: 64%
TTM: 218%
Stock Price CAGR
10 Years: %
5 Years: 16%
3 Years: 90%
1 Year: 86%
Return on Equity
10 Years: 19%
5 Years: 21%
3 Years: 24%
Last Year: 39%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Jun 2022
1 4 8 12 12 12 14 14 14 14 14 14 14
Reserves 9 8 7 6 8 12 19 23 29 32 39 64 73
17 16 20 20 24 24 27 26 36 23 32 22 11
2 2 1 3 3 1 3 3 5 7 6 16 23
Total Liabilities 29 31 37 40 47 49 63 65 84 76 91 116 120
4 6 5 6 6 7 7 9 14 15 14 11 11
CWIP 0 0 0 0 2 1 2 1 0 0 0 0 1
Investments 0 0 0 0 1 1 1 1 1 1 1 1 1
26 25 31 34 39 40 53 55 69 61 77 104 107
Total Assets 29 31 37 40 47 49 63 65 84 76 91 116 120

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
8 -3 6 2 5 4 0 1 17 -1 16
-3 -0 -2 -3 -1 -2 0 -6 -3 -1 3
-3 2 -4 2 -3 6 0 7 -17 4 -15
Net Cash Flow 2 -1 0 -0 0 7 0 2 -2 2 4

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 57 51 69 50 60 71 71 62 45 48 63 45
Inventory Days 21 21 24 29 29 36 29 39 60 45 60 27
Days Payable 1 1 2 4 4 0 1 2 8 8 1 10
Cash Conversion Cycle 77 70 92 75 85 106 100 99 97 85 122 63
Working Capital Days 81 69 91 72 84 106 97 107 115 87 109 64
ROCE % 18% 18% 19% 17% 19% 18% 17% 17% 14% 18% 40%

Shareholding Pattern

Numbers in percentages

Sep 2017 Mar 2018 Sep 2018 Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
69.25 69.25 69.95 70.39 70.39 70.39 69.83 69.83 69.83 69.83 69.83 69.83
30.75 30.75 30.05 29.61 29.61 29.61 30.17 30.17 30.17 30.17 30.17 30.17

Documents

Yatiyatna Lal
Yatiyatna Lal
He organized Civil Disobedience Movement. He also campaigned against alcoholism, child marriages, dead feasts, animal and bird sacrifices.
Unsung Heroes →
Laxmibai Ganesh Thuse
Laxmibai Ganesh Thuse
She was chosen by Mahatma Gandhi to offer Satyagraha.She pursued people towards non-violence and made anti-war speeches.
Unsung Heroes →