SG Mart Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
SG Mart reported its second consecutive quarter of sustained revenue and profitability, with management describing the business model's evolution from trading to manufacturing across five pillars including manufacturing, branding, distribution, service centers and an online marketplace. The company reported service center volume of 160,000 tons, steel profile volume of 18,000 tons, and renewable structures volume of around 11,000 tons for Q1 FY27, alongside an EBITDA margin above 4%. Management outlined capex plans of roughly INR1,500 crores over the next two to three years to be funded from existing cash and internal accruals, without new capital raising or dilution.
SG Mart reported Q4FY26 revenue above INR1,800 crores and EBITDA of INR56 crores, including an INR6 crore inventory gain, with full-year FY26 EBITDA growing 35% to INR137 crores. Management said service center volumes rose over 10% to 190,000 tons on new center additions, while B2B and renewable structure volumes were constrained by steel supply shortages linked to the Middle East crisis. Management stated the company closed the year with net cash of INR750 crores and working capital days reduced to 20.