SG Mart share price
NSE: SGMARTBSE: 512329Metals & Minerals TradingSmall Cap
SG Mart Limited · Face value ₹1 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Feb 1986 on BSE, Sep 2025 on NSE
Last close ₹856.35down ₹8.20 (0.95%)BSE ₹855.80
Share price at the NSE close on 30 Oct 2026. Previous close ₹864.55.
30 Oct: open ₹865.00, high ₹865.80, low ₹843.30
52-week range of traded prices to 30 Oct 2026
₹313.10Low, 21 Jan 2026₹913.75High, 29 Oct 2026
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹10,796 Cr724th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 71.12
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 6.34
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 9.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 10.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.01
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 4,33,02230.8% delivered
About SG Mart
SG Mart Limited supplies metals and building materials, including hot rolled coils, billets, TMT bars and structural steel, to businesses in construction, infrastructure and manufacturing across India.12 It processes steel at its service centres (sites that cut and process steel), makes steel profiles and solar structures, and sells to EPC contractors (firms that design and build projects), real estate developers, equipment makers, independent power producers, traders, dealers and fabricators.123
Its range covers service centre products such as metal plates and embossed sheets, steel profiles such as strut channels, purlins, racking profiles, cable trays and door frames, solar module mounting structures, and accessories such as self-drilling screws, earthing strips, welding rods and clamps.45 Steel profiles, made since the second half of the year to Mar 2026, are sold under the APL Apollo brand through the group's distribution network.6 It operates from Pune, Bangalore, Dujana, Raipur, Jaipur, Indore, Ahmedabad and Dubai.7 Its wholly owned subsidiary SG Marts FZE serves its customers outside India.2
It was incorporated on 9 April 1985 and took its present name on 6 Oct 2023, in line with its move into trading and manufacturing building material products.89 Sanjay Gupta, promoter of the APL Apollo and SG groups, which include APL Apollo Tubes, Apollo Pipes and SG Finserve, has become SG Mart's promoter and is its chairman and managing director, a post the board approved for 5 years from 20 Jul 2026, subject to shareholders' approval.101112
SG Mart key points
Results
- In the quarter to Sep 2026, revenue fell 8% from a year earlier to ₹15.6 billion, while business EBITDA (earnings before interest, tax, depreciation and amortisation, as the company presents it) rose 157% to ₹720 million and net profit rose 104% to ₹540 million.1314
- In the half year to Sep 2026, revenue rose 1% to ₹28.7 billion, business EBITDA rose 105% to ₹1,308 million and net profit rose 69% to ₹996 million.1514
- In the year to Mar 2026, consolidated revenue rose 8% to ₹63,153 million, business EBITDA rose 33% to ₹1,367 million and net profit rose 7% to ₹1,111 million.1617
Volumes and products
- Volume by business, quarter to Jun 2026, as stated on the call1819
Item quarter to Jun 2026 Service centres 160,000 tons Steel profiles 18,000 tons Solar structures about 11,000 tons - On its earnings call of 20 Jul 2026, the company said its EBITDA per ton was about ₹1,800 to ₹2,000 at service centres, ₹3,000 to ₹4,000 on steel profiles and ₹3,000 to ₹3,500 on solar structures.2021
- In the year to Mar 2026, the service centre network processed 637,000 tons, and B2B metal trading (bulk resale of steel bought from mills) sold 411k tons of steel.2223
- On its earnings call of 20 Jul 2026, the company said it had launched 10 products in its new categories and planned to launch 7 more in the next 2 quarters.24
Where revenue comes from
Plants and capacity
- On its earnings call of 20 Jul 2026, the company said it had installed capacity of about 200,000 tons each for steel profiles and solar structures, against a combined annual run rate of about 120,000 tons.2728
- In its presentation of 27 Oct 2026, the company said its Ahmedabad and Indore service centres are leased and it plans to move them to company-owned facilities once built.29
Customers and partners
- In its presentation of 27 Oct 2026, SG Mart reported 2,550 registered customers up to the half year to Sep 2026.30
- On its earnings call of 20 Jul 2026, the company said small and medium enterprises are the main service centre buyers, while solar structures are aimed at a limited number of EPC contractors and independent power producers, about the top 20 to 30.3132
- It added NMDC and JSOL as steel suppliers in the year to Mar 2026.33
Expansion and capital spending
- On its earnings call of 20 Jul 2026, the company said it needs about ₹1,500 crore of capital spending over the next 2 to 3 years, mainly for manufacturing and service centres, funded from cash and internal cash flow.34
- On its earnings call of 20 Jul 2026, the company said it expected to spend ₹400 crore to ₹500 crore on capital projects in the year to Mar 2027, after ₹90 crore in the quarter to Jun 2026.35
- On its earnings call of 20 Jul 2026, the company said it had bought land in Raipur for a line to cold-roll and coat steel, replacing bought-in coated steel, and expected it to be fully operational within 18 months.3637
- In its presentation of 27 Oct 2026, the company said it targets 16 service centres across India by 2028 and more than 20 by 2030, against 8 in operation.3839
What the company expects
- On its earnings call of 20 Jul 2026, the company said it expected EBITDA of around ₹300 crore for the year to Mar 2027, unless the wider economy is disrupted.40
- The company stated in its annual report for the year to Mar 2026 that it targets 50% compound annual growth in business EBITDA over the next 3 years.41
- On its earnings call of 20 Jul 2026, the company said that with more than 4 million tons of steel volume, its revenue could reach ₹25,000 crore to ₹35,000 crore by 2030, with EBITDA of at least ₹1,000 crore.42
Recent events
- On 17 Sep 2026, the company said CRISIL had upgraded the rating (an opinion on ability to repay debt) on its ₹940 crore of bank loans to AA-/Stable from A/Watch Positive for the long term and to A1+ from A1/Watch Positive for the short term.43
- On 27 Jul 2026, SG Mart began commercial production at its new unit in Mahindra World City, Jaipur.44
- On 20 Jul 2026, the board approved buying all the shares of Tanwar Cargo Solutions Private Limited, owner of about 9.956 acres of land at Palwal, Haryana, for ₹85,00,00,000, with completion expected by 31 Dec 2026. The land is meant for manufacturing, warehousing and logistics.4546
Last updated
All 46 sources, each with its page
- 1. Annual report, 25 Aug 2026, page 4
- 2. Annual report, 25 Aug 2026, page 66
- 3. Annual report, 25 Aug 2026, page 7
- 4. Investor presentation, 27 Oct 2026, page 11
- 5. Annual report, 25 Aug 2026, page 9
- 6. Annual report, 25 Aug 2026, page 5
- 7. Investor presentation, 27 Oct 2026, page 32
- 8. Annual report, 25 Aug 2026, page 120
- 9. Annual report, 25 Aug 2026, page 230
- 10. Exchange filing, 20 Jul 2026, page 4
- 11. Exchange filing, 20 Jul 2026, page 1
- 12. Investor presentation, 27 Oct 2026, page 28
- 13. Investor presentation, 27 Oct 2026, page 31
- 14. Investor presentation, 27 Oct 2026, page 32
- 15. Investor presentation, 27 Oct 2026, page 31
- 16. Annual report, 25 Aug 2026, page 5
- 17. Annual report, 25 Aug 2026, page 22
- 18. Earnings call, 20 Jul 2026, page 3
- 19. Earnings call, 20 Jul 2026, page 4
- 20. Earnings call, 20 Jul 2026, page 9
- 21. Earnings call, 20 Jul 2026, page 4
- 22. Annual report, 25 Aug 2026, page 26
- 23. Annual report, 25 Aug 2026, page 10
- 24. Earnings call, 20 Jul 2026, page 3
- 25. Annual report, 25 Aug 2026, page 226
- 26. Annual report, 25 Aug 2026, page 66
- 27. Earnings call, 20 Jul 2026, page 4
- 28. Earnings call, 20 Jul 2026, page 5
- 29. Investor presentation, 27 Oct 2026, page 19
- 30. Investor presentation, 27 Oct 2026, page 4
- 31. Earnings call, 20 Jul 2026, page 15
- 32. Earnings call, 20 Jul 2026, page 5
- 33. Annual report, 25 Aug 2026, page 10
- 34. Earnings call, 20 Jul 2026, page 4
- 35. Earnings call, 20 Jul 2026, page 4
- 36. Earnings call, 20 Jul 2026, page 6
- 37. Earnings call, 20 Jul 2026, page 13
- 38. Investor presentation, 27 Oct 2026, page 8
- 39. Investor presentation, 27 Oct 2026, page 9
- 40. Earnings call, 20 Jul 2026, page 12
- 41. Annual report, 25 Aug 2026, page 5
- 42. Earnings call, 20 Jul 2026, page 16
- 43. Exchange filing, 17 Sep 2026, page 1
- 44. Exchange filing, 27 Jul 2026, page 1
- 45. Exchange filing, 20 Jul 2026, page 2
- 46. Exchange filing, 20 Jul 2026, page 6
Results
Standalone, as consolidated accounts are on record for only 6 of the last ten years; ₹ crore.SG Mart quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +9.5%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +26.5%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,357 Crup 17.35%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹40 Crup 18.15%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 2.9%
Revenue by quarter
Peak revenue ₹1,588 Cr, quarter to Mar 2026; lowest ₹1,037 Cr, quarter to Jun 2025
Net profit by quarter, a loss in red
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,282 | 1,350 | 1,037 | 1,508 | 1,407 | 1,588 | 1,156 | 1,357 |
| Net profit | 28 | 22 | 29 | 17 | 7 | 34 | 34 | 40 |
| Net margin | 2.2% | 1.7% | 2.8% | 1.1% | 0.5% | 2.1% | 2.9% | 2.9% |
Standalone. The last eight quarters. The latest is shaded.
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹5,540 Crup 0.52%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹87 Crdown 7.53%
- Net margin
- 1.6%
Revenue by year
Peak revenue ₹5,540 Cr, year to Mar 2026; lowest ₹0.04 Cr, year to Mar 2022
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 0 | 6 | 0 | 2 | 2,683 | 5,512 | 5,540 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61 | 94 | 87 |
| Net margin | 40.0% | 24.4% | 15.4% | 331.4% | 4.8% | 803.8% | 12.6% | 2.3% | 1.7% | 1.6% |
Standalone. Years to March. The latest is shaded.
Business segments
In the year to Mar 2026 the company reports one business segment, Trading and Manufacturing of Building Material Products, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.SG Mart PE ratio and valuation
Price to earnings
At or below today's level on 44% of 1,161 trading days over the last 5 years.
LowestHighest
Its median74.80Industry median28.14
Price to book
At or below today's level on 82% of 1,053 trading days over the last 5 years.
LowestHighest
Its median4.12Industry median1.36
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +43.4% | −16.3% | +71.5% | 0.0% |
Longer windows are left empty: a corporate action or price step on 2024-02-22 that cannot be sized sits inside this window.
Mutual fund holdings
7 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 1 fund that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 6
- CutCut. Funds that held fewer shares than at the end of the month before.
- 1
| Fund | |||
|---|---|---|---|
 Motilal Oswal Nifty Microcap 250 Index FundMotilal Oswal Mutual Fund | 1,43,514 | 0.45% | ₹10.8 Cr |
 Groww Nifty Total Market Index FundGroww Mutual Fund | 938 | 0.02% | ₹0.07 Cr |
 Angel One Nifty Total Market Index FundAngel One Mutual Fund | 156 | 0.02% | ₹0.01 Cr |
| Motilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund | 145 | 0.02% | ₹0.01 Cr |
 Mirae Asset Nifty Total Market Index FundMirae Asset Mutual Fund | 129 | 0.02% | ₹97,000 |
 Bandhan Nifty Total Market Index FundBandhan Mutual Fund | 112 | 0.02% | ₹84,000 |
| Angel One Nifty Total Market ETFAngel One Mutual Fund | 109 | 0.02% | ₹81,830 |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Promoter and insider buying and selling
Trades made since 31 Oct 2025.SG Mart insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Promoters and promoter group: no market trade
- Others: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.
SG Mart competitors and peers
Trading - Metals, 11 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to SG Mart in market cap.Metal stocks
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
 Lloyds EnterprisesLLOYDSENT | 9,310 | – | 2.25 | +32.9% | – | – | 2.5% | 0.08% |
 Nupur RecyclersNRL | 1,105 | 64.53 | 8.24 | +40.7% | – | 13.6% | 9.5% | 0.00% |
 BMW VenturesBMWVENTLTD | 544 | 13.59 | 1.23 | – | – | 9.1% | 11.0% | 2.39% |
 Emergent Industrial SolutionsEMERGENT | 205 | 133.20 | 7.04 | +112.5% | – | 5.4% | 12.9% | 0.00% |
 Abans EnterprisesABANSENT | 187 | 5.84 | 0.86 | +191.3% | – | 15.1% | 6.4% | 0.00% |
 La Tim Metal & IndustriesLATIMMETAL | 128 | 10.83 | 1.49 | – | – | 14.8% | 12.1% | 0.00% |
 Bonlon IndustriesBONLON | 52 | 42.69 | 0.52 | −13.0% | −77.4% | 1.3% | 2.2% | 0.00% |
 RR MetalMakers IndiaRRMETAL | 41 | – | 4.91 | +129.0% | – | – | −7.2% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.SG Mart announcements
Oct 2026
27 Oct · Disclosure
27 Oct · Results
21 Oct · Analysts
17 Oct · Board meeting
SG Mart share price by year
Each calendar year to 2025.SG Mart share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025BSE close | 375.10 | +1.5% | 423.40 | 291.60 |
| 2024BSE close | 369.60 | – | 581.75 | 360.00 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2024 is from its first session, 22 Feb 2024.
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 810.20 | 913.75 | 807.00 | 864.55 | 884.75 | 74,33,434 | 19.5% |
| 28 Oct 2026 | 790.00 | 828.00 | 774.75 | 802.95 | 795.74 | 15,52,124 | 55.3% |
| 27 Oct 2026 | 800.80 | 805.00 | 791.65 | 799.40 | 799.01 | 3,98,226 | 66.0% |
| 26 Oct 2026 | 782.20 | 809.90 | 777.55 | 799.70 | 798.66 | 14,00,227 | 74.5% |
| 23 Oct 2026 | 751.15 | 804.75 | 735.05 | 796.80 | 771.44 | 7,84,700 | 58.5% |
| 22 Oct 2026 | 750.00 | 768.20 | 741.20 | 756.70 | 756.02 | 2,68,681 | 49.7% |
| 21 Oct 2026 | 782.00 | 787.85 | 737.20 | 751.20 | 751.73 | 3,78,521 | 47.0% |
| 19 Oct 2026 | 842.00 | 842.00 | 756.00 | 776.25 | 788.04 | 9,08,533 | 38.6% |
| 16 Oct 2026 | 753.00 | 822.00 | 753.00 | 798.20 | 784.29 | 3,85,388 | 63.7% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Open offer and offer for sale history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 22 Feb 2024 | Price move | – | Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown. |
Where an event has no factor that can be worked out, the chart leaves out the closes before it.
Company details
- NSE symbol
- SGMART
- BSE code
- 512329
- ISIN
- INE385F01024
- Industry
- Metals & Minerals Trading
- Website
- www.sgmart.co.in
- CIN
- L46102DL1985PLC426661
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1985
- Registered office
- Unit No. 705, GDITL Tower, Plot No. B-8 Netaji Subhash Place, Pitampura, Shakur Pur I Block,, North West Delhi, 110034
- Share registrar
- MCS Share Transfer Agent Ltd
- Keeps the register of shareholders and handles transfers and dividend payments