About Sarthak Metals Limited
Data last updated: 05 January 2026
Sarthak Metals Limited is a public limited company based in C.G., Chattisgarh, India. It specialises in industrial and specialty gases, a part of the broader chemicals and materials sector. Incorporated on 28 July 1995, the company has been in operation for over 31 years.
Registered with ROC Chhattisgarh under CIN L51102CT1995PLC009772. Listed on BSE: 540393 and NSE: SMLT.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.69 Cr. Formerly known as Sarthak Metals Marketing Pvt Ltd and Sarthak Metals Private Limited. It is led by directors including Sanjay Chamanlal Shah and Mayur Bhatt.
Last AGM: 25 July 2025. Financial statements filed for year ended 31 March 2025. Office: B.B.C Colony Khurspar G.E.Road Bhilai, C.G., Chattisgarh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹181.12 Cr, a decline of 41% compared to the previous year.
The company has a workforce of approximately 138 employees as per the latest available data.
The company is associated with 1 brand - Sarthak Metals. As per MCA filings, the company has open charges of ₹18.2 Cr and satisfied charges of ₹5.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sarthakmetals.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressB.B.C Colony Khurspar G.E.Road Bhilai, C.G., Chattisgarh, India
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IndustryChemicals and Materials, Industrial & Specialty Gases
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Sarthak Metals Limited
Sarthak Metals Limited has undergone 2 name changes throughout its history. The company was previously known as Sarthak Metals Marketing Pvt Ltd, and Sarthak Metals Private Limited. The current legal name is Sarthak Metals Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Sarthak Metals Limited | Current |
| Sarthak Metals Marketing Pvt Ltd | Previous |
| Sarthak Metals Private Limited | Previous |
CIN History of Sarthak Metals Limited
Sarthak Metals Limited has one previous CIN (Corporate Identification Number): U51102CT1995PLC009772. The current CIN is L51102CT1995PLC009772, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51102CT1995PLC009772 | Current |
| U51102CT1995PLC009772 | Previous |
Associated Brands with Sarthak Metals Limited
Sarthak Metals Limited operates one associated brand: Sarthak Metals. These brands represent Sarthak Metals Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Wires, flipping coils, and related metal products are manufactured. | sarthakmetals.com |
Business Activity of Sarthak Metals Limited
Sarthak Metals Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | ********* |
Auditor Details of Sarthak Metals Limited
Sarthak Metals Limited is audited by BEGANI AND BEGANI (ICAI peer reviewed, certificate valid till 2026-05-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| BEGANI AND BEGANI (ICAI peer reviewed, certificate valid till 2026-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Sarthak Metals Limited
Sarthak Metals Limited is currently managed by 10 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Chamanlal Shah | Whole-Time Director | 02 Jan 2003 | 23 Years 6 Months | Current |
|
Mayur Bhatt
Also directs:
Sarthak Energy Private Limited
|
Whole-Time Director | 21 Aug 2016 | 9 Years 10 Months | Current |
| Dwadasi Venkata Giri | Director | 31 Jul 2020 | 5 Years 11 Months | Current |
| Sunil Dutt Bhatt | Director | 04 Aug 2021 | 4 Years 11 Months | Current |
| Sunil Kumar Agarwal | Director | 01 Feb 2020 | 6 Years 5 Months | Current |
| Anoop Kumar Bansal | Managing Director | 28 Jul 1995 | 30 Years 11 Months | Current |
Financials of Sarthak Metals Limited FY 2026 filings available
Sarthak Metals Limited reported revenue of ₹192.25 Cr (up 7.75% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹192.25 Cr | ₹178.42 Cr | ₹305.17 Cr | ₹408.43 Cr | ₹457.3 Cr |
| Other Income | ₹2.05 Cr | ₹2.7 Cr | ₹1.93 Cr | ₹3.8 Cr | ₹95.91 Lakh |
| Total Income | ₹194.3 Cr | ₹181.12 Cr | ₹307.1 Cr | ₹412.23 Cr | ₹458.26 Cr |
| Cost of Materials Consumed | ₹150.73 Cr | ₹147.65 Cr | ₹259.99 Cr | ₹332.26 Cr | ₹377.14 Cr |
| Purchases of Stock-in-Trade | ₹2.95 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹68.52 Lakh | ₹13.67 Lakh | -₹1.33 Cr | ₹3.87 Cr | ₹2.25 Cr |
| Employee Benefit Expense | ₹14.82 Cr | ₹11.28 Cr | ₹9.51 Cr | ₹7.83 Cr | ₹7.72 Cr |
| Finance Costs | ₹49.44 Lakh | ₹63.62 Lakh | ₹78.27 Lakh | ₹1.34 Cr | ₹4 Cr |
| Depreciation & Amortisation | ₹2.91 Cr | ₹2.75 Cr | ₹2.03 Cr | ₹1.54 Cr | ₹1.69 Cr |
| Other Expenses | ₹16.52 Cr | ₹12.38 Cr | ₹17.15 Cr | ₹24.39 Cr | ₹32.29 Cr |
| Total Expenses | ₹187.75 Cr | ₹174.84 Cr | ₹288.13 Cr | ₹371.22 Cr | ₹425.08 Cr |
| Profit Before Exceptional Items & Tax | ₹6.55 Cr | ₹6.28 Cr | ₹18.97 Cr | ₹41.01 Cr | ₹33.18 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹78.88 Lakh | ₹2.67 Cr |
| Profit Before Tax | ₹6.55 Cr | ₹6.28 Cr | ₹18.97 Cr | ₹40.23 Cr | ₹35.85 Cr |
| Total Tax Expense | ₹1.94 Cr | ₹2.16 Cr | ₹5.14 Cr | ₹10.46 Cr | ₹8.37 Cr |
| Net Profit | ₹4.61 Cr | ₹4.12 Cr | ₹13.83 Cr | ₹29.76 Cr | ₹27.48 Cr |
| Other Comprehensive Income | ₹13.9 Lakh | ₹52,000 | ₹45,000 | ₹3.04 Lakh | -₹6.07 Lakh |
| Total Comprehensive Income | ₹4.75 Cr | ₹4.12 Cr | ₹13.83 Cr | ₹29.79 Cr | ₹27.42 Cr |
| EBITDA (computed) | ₹9.95 Cr | ₹9.67 Cr | ₹21.78 Cr | ₹43.89 Cr | ₹38.87 Cr |
| Basic EPS | ₹3.37 | ₹3.01 | ₹10.10 | ₹21.74 | ₹20.03 |
| Diluted EPS | ₹3.37 | ₹3.01 | ₹10.10 | ₹21.74 | ₹20.03 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹137.01 Cr | ₹124.44 Cr | ₹119.93 Cr | ₹109.99 Cr |
| Non-current Assets | ₹34.71 Cr | ₹20.27 Cr | ₹15.69 Cr | ₹14.27 Cr |
| Current Assets | ₹102.3 Cr | ₹104.16 Cr | ₹104.24 Cr | ₹95.72 Cr |
| Property, Plant & Equipment | ₹17.27 Cr | ₹19.4 Cr | ₹15.13 Cr | ₹11.04 Cr |
| Inventories | ₹39.24 Cr | ₹27.42 Cr | ₹20.03 Cr | ₹14.54 Cr |
| Trade Receivables | ₹56.85 Cr | ₹42.46 Cr | ₹39.74 Cr | ₹53.06 Cr |
| Cash & Equivalents | ₹7.17 Lakh | ₹2.37 Cr | ₹16.38 Cr | ₹7.33 Cr |
| Equity (Net Worth) | ₹124.28 Cr | ₹120.21 Cr | ₹116.09 Cr | ₹104.99 Cr |
| Equity Share Capital | ₹13.69 Cr | ₹13.69 Cr | ₹13.69 Cr | ₹13.69 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹6.6 Cr | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹6.6 Cr | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹11.1 Cr | ₹2.7 Cr | ₹2.61 Cr | ₹4.03 Cr |
| Total Liabilities | ₹12.74 Cr | ₹4.22 Cr | ₹3.84 Cr | ₹4.99 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹32.56 Cr | -₹19.2 Lakh | ₹26.81 Cr | ₹34.97 Cr | ₹16.44 Cr |
| Investing Cash Flow | -₹2.14 Cr | -₹5.67 Cr | -₹3.33 Cr | -₹1.53 Cr | ₹3.11 Cr |
| Financing Cash Flow | ₹5.64 Cr | -₹39.65 Lakh | -₹3.22 Cr | -₹26.04 Cr | -₹15.23 Cr |
| Capital Expenditure | ₹91.91 Lakh | ₹7.17 Cr | ₹4.7 Cr | ₹2.99 Cr | ₹1.9 Cr |
| Free Cash Flow (computed) | -₹33.48 Cr | -₹7.36 Cr | ₹22.11 Cr | ₹31.99 Cr | ₹14.53 Cr |
| Dividends Paid | ₹68.45 Lakh | ₹0 | ₹2.74 Cr | ₹2.74 Cr | ₹2.74 Cr |
| Net Change in Cash | -₹29.06 Cr | -₹6.26 Cr | ₹20.26 Cr | ₹7.4 Cr | ₹4.31 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹61.99 Cr | ₹47.73 Cr | ₹36.31 Cr | ₹46.22 Cr | ₹48.08 Cr | ₹44 Cr | ₹45.72 Cr | ₹40.61 Cr | ₹70.65 Cr | ₹75.3 Cr | ₹77.42 Cr | ₹81.8 Cr |
| Other Income | ₹65.26 Lakh | ₹49.42 Lakh | ₹17.17 Lakh | ₹62.12 Lakh | ₹89.94 Lakh | ₹47.03 Lakh | ₹74.48 Lakh | ₹58.97 Lakh | ₹54.48 Lakh | ₹68.54 Lakh | ₹45.85 Lakh | ₹23.65 Lakh |
| Total Income | ₹62.64 Cr | ₹48.22 Cr | ₹36.48 Cr | ₹46.85 Cr | ₹48.98 Cr | ₹44.47 Cr | ₹46.47 Cr | ₹41.2 Cr | ₹71.2 Cr | ₹75.98 Cr | ₹77.88 Cr | ₹82.04 Cr |
| Cost of Materials Consumed | ₹46.53 Cr | ₹38.23 Cr | ₹27.39 Cr | ₹38.58 Cr | ₹38.11 Cr | ₹35.78 Cr | ₹39.36 Cr | ₹34.4 Cr | ₹55.8 Cr | ₹70.64 Cr | ₹65.85 Cr | ₹67.71 Cr |
| Purchases of Stock-in-Trade | ₹2.95 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹12.62 Lakh | -₹15.36 Lakh | ₹66.12 Lakh | -₹1.07 Cr | ₹1.11 Cr | ₹51.78 Lakh | -₹40.19 Lakh | -₹1.09 Cr | ₹5.18 Cr | -₹4.41 Cr | -₹1.47 Cr | -₹62.48 Lakh |
| Employee Benefit Expense | ₹4.27 Cr | ₹3.72 Cr | ₹3.6 Cr | ₹3.24 Cr | ₹3.94 Cr | ₹2.83 Cr | ₹2.27 Cr | ₹2.24 Cr | ₹2.68 Cr | ₹2.21 Cr | ₹2.16 Cr | ₹2.46 Cr |
| Finance Costs | ₹24.71 Lakh | ₹5.45 Lakh | ₹7.11 Lakh | ₹12.17 Lakh | ₹24.52 Lakh | ₹9.28 Lakh | ₹17.97 Lakh | ₹11.85 Lakh | ₹24.5 Lakh | ₹33.06 Lakh | ₹9.57 Lakh | ₹11.14 Lakh |
| Depreciation & Amortisation | ₹74.83 Lakh | ₹75.15 Lakh | ₹71.82 Lakh | ₹69.18 Lakh | ₹81.48 Lakh | ₹79.3 Lakh | ₹61.27 Lakh | ₹53.09 Lakh | ₹62.7 Lakh | ₹53.65 Lakh | ₹43.69 Lakh | ₹43.39 Lakh |
| Other Expenses | ₹5.85 Cr | ₹3.83 Cr | ₹3.02 Cr | ₹3.72 Cr | ₹3.56 Cr | ₹2.81 Cr | ₹2.57 Cr | ₹3.44 Cr | ₹4.35 Cr | ₹4.41 Cr | ₹3.69 Cr | ₹4.69 Cr |
| Total Expenses | ₹60.48 Cr | ₹46.43 Cr | ₹35.45 Cr | ₹45.28 Cr | ₹47.78 Cr | ₹42.83 Cr | ₹44.59 Cr | ₹39.64 Cr | ₹68.89 Cr | ₹73.71 Cr | ₹70.75 Cr | ₹74.78 Cr |
| Profit Before Exceptional Items & Tax | ₹2.16 Cr | ₹1.79 Cr | ₹1.03 Cr | ₹1.56 Cr | ₹1.2 Cr | ₹1.64 Cr | ₹1.88 Cr | ₹1.56 Cr | ₹2.31 Cr | ₹2.27 Cr | ₹7.13 Cr | ₹7.25 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.16 Cr | ₹1.79 Cr | ₹1.03 Cr | ₹1.56 Cr | ₹1.2 Cr | ₹1.64 Cr | ₹1.88 Cr | ₹1.56 Cr | ₹2.31 Cr | ₹2.27 Cr | ₹7.13 Cr | ₹7.25 Cr |
| Total Tax Expense | ₹67.03 Lakh | ₹49.46 Lakh | ₹26.66 Lakh | ₹50.44 Lakh | ₹53.25 Lakh | ₹42.1 Lakh | ₹1.05 Cr | ₹15.59 Lakh | ₹58.12 Lakh | ₹54.62 Lakh | ₹1.61 Cr | ₹1.9 Cr |
| Net Profit | ₹1.49 Cr | ₹1.3 Cr | ₹75.91 Lakh | ₹1.06 Cr | ₹67.06 Lakh | ₹1.22 Cr | ₹82.63 Lakh | ₹1.4 Cr | ₹1.73 Cr | ₹1.73 Cr | ₹5.51 Cr | ₹5.35 Cr |
| Other Comprehensive Income | ₹7.13 Lakh | ₹5.22 Lakh | ₹6.54 Lakh | -₹5 Lakh | ₹1.11 Lakh | ₹3.88 Lakh | -₹38,000 | -₹4.09 Lakh | ₹1.64 Lakh | ₹87,000 | ₹3.48 Lakh | -₹5.54 Lakh |
| Total Comprehensive Income | ₹1.57 Cr | ₹1.35 Cr | ₹82.45 Lakh | ₹1.01 Cr | ₹68.17 Lakh | ₹1.26 Cr | ₹82.25 Lakh | ₹1.36 Cr | ₹1.75 Cr | ₹1.74 Cr | ₹5.55 Cr | ₹5.3 Cr |
| EBITDA (computed) | ₹3.16 Cr | ₹2.6 Cr | ₹1.82 Cr | ₹2.38 Cr | ₹2.26 Cr | ₹2.53 Cr | ₹2.67 Cr | ₹2.21 Cr | ₹3.18 Cr | ₹3.14 Cr | ₹7.66 Cr | ₹7.8 Cr |
| Basic EPS | ₹1.09 | ₹0.95 | ₹0.57 | ₹0.77 | ₹0.49 | ₹0.92 | ₹0.61 | ₹0.99 | ₹1.28 | ₹1.27 | ₹4.05 | ₹3.87 |
| Diluted EPS | ₹1.09 | ₹0.95 | ₹0.57 | ₹0.77 | ₹0.49 | ₹0.92 | ₹0.61 | ₹0.99 | ₹1.28 | ₹1.27 | ₹4.05 | ₹3.87 |
Shareholding Pattern of Sarthak Metals Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 68.81%, foreign institutional investors hold 0.14%, retail and other public shareholders hold 31.05% of Sarthak Metals Limited. The company had 11,390 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 68.81% | 68.81% | 68.81% | 68.85% | 68.85% | 68.85% |
| Public | 31.19% | 31.19% | 31.19% | 31.15% | 31.15% | 31.15% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Promoters | 68.81% | 68.85% | 69.29% | 69.83% | 69.83% |
| Public | 31.19% | 31.15% | 30.71% | 30.17% | 30.17% |
| Promoter change (YoY, %pts) | -0.04 | -0.44 | -0.54 | +0.00 | - |
Board & Governance of Sarthak Metals Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Sarthak Metals Limited has 7 directors - 3 independent and 3 executive. The board is chaired by Sunil Kumar Agrawal.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Anoop Kumar Bansal | Executive Director · MD | 1995-07-28 | 1 |
| Sanjay Chamanlal Shah | Executive Director | 2003-01-02 | 1 |
| Mayur Bhatt | Executive Director · CEO | 2016-08-21 | 1 |
| Sunil Kumar Agrawal | Non-Executive - Non Independent Director · Chairperson | 2020-02-01 | 1 |
| Dwadasi Venkata Giri | Non-Executive - Independent Director | 2020-07-31 | 1 |
| Sunil Dutt Bhatt | Non-Executive - Independent Director | 2021-08-04 | 1 |
| Rama Kohli | Non-Executive - Independent Director | 2016-08-24 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Dwadasi Venkata Giri (Chairperson), Sunil Dutt Bhatt, Rama Kohli |
| Nomination and remuneration committee | Dwadasi Venkata Giri (Chairperson), Sunil Dutt Bhatt, Rama Kohli |
| Stakeholders Relationship Committee | Dwadasi Venkata Giri (Chairperson), Sunil Dutt Bhatt, Rama Kohli |
| Corporate Social Responsibility Committee | Dwadasi Venkata Giri (Chairperson), Sunil Dutt Bhatt, Rama Kohli |
Charges & Borrowings of Sarthak Metals Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Feb 2005 | State Bank of India | ₹18.2 Cr | Open |
| 23 Oct 2003 | State Bank of India | ₹1.8 Cr | Satisfied |
| 26 Sep 2003 | State Bank of India | ₹1.8 Cr | Satisfied |
| 26 Sep 2003 | State Bank of India | ₹1.8 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Sarthak Metals Limited
Sarthak Metals Limited has a workforce of 138 employees as of Apr 09, 2024.
Employee Count & EPFO Data of Sarthak Metals Limited
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GST Compliance of Sarthak Metals Limited
GSTIN & GST Filing Data of Sarthak Metals Limited
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Credit Ratings, Litigation & Regulatory Alerts for Sarthak Metals Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Sarthak Metals Limited
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MSME Payment Delays by Sarthak Metals Limited
MSME Payment Delays by Sarthak Metals Limited
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Subsidiaries & Group Companies of Sarthak Metals Limited
Subsidiaries & Group Companies of Sarthak Metals Limited
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MCA Filings & Documents of Sarthak Metals Limited
MCA Filings & Documents of Sarthak Metals Limited
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Recent Activity on Sarthak Metals Limited
Frequently Asked Questions about Sarthak Metals Limited
Sarthak Metals Limited is an active public limited company in the chemicals and materials sector based in C.G, Chattisgarh, India. It was incorporated on 28 July 1995 (31+ years old) and is registered under CIN L51102CT1995PLC009772. Listed on BSE: 540393 and NSE: SMLT. The company has 138 employees.
Sarthak Metals Limited reported revenue of ₹181.12 Cr for FY 2025 (down 41.00% YoY).
The current directors of Sarthak Metals Limited are:
- Sanjay Chamanlal Shah
- Mayur Bhatt
- Dwadasi Venkata Giri
- Pratik Jain
- Sunil Dutt Bhatt
- Sunil Kumar Agarwal
- Mr Anirudh Singhal
- Anoop Kumar Bansal
- Rama Kohli
- Narendra Dewangan
The primary industry of Sarthak Metals Limited is chemicals and materials. The company specifically operates in industrial and specialty gases. The company is currently active in this sector.
Yes. Sarthak Metals Limited is listed on both BSE (code: 540393) and NSE (symbol: SMLT).
Sarthak Metals Limited can be reached at the registered office: B.B.C Colony Khurspar G.E.Road Bhilai, C.G, Chattisgarh, India, or through the website sarthakmetals.com.