SG Mart earnings calls.
Other · 3 quarters tracked · source-linked performance, management guidance and promise context.
Latest revenue
₹1,823 Cr
verified financial record
Quarters tracked
3
source records in the directory
Delivery assessment
Assessment incomplete
Across 5 tracked commitments. Delivery assessment incomplete while 2 remain unresolved or evidence-limited.
Call date
Pending
latest available source date
Signal trajectory
2 actual quartersCurrent read
Assessment incomplete
Across 5 tracked commitments. Delivery assessment incomplete while 2 remain unresolved or evidence-limited.
Latest source read
What changed this quarter?
SG Mart reported a challenging Q3 FY26 with reported EBITDA of Rs 17 crore, though management clarified underlying business EBITDA was Rs 40 crore after adjusting for a Rs 20 crore inventory loss due to sharp steel price correction of Rs 2,500-3,000 per tonne. The company operates four business pillars: service centers (163,000 tonnes volume in Q3), B2B metal trading (125,000 tonnes), renewable structures (17,000 tonnes), and open profile structures (new launch). Service center IITDA was compressed to Rs 1,500/tonne versus normal Rs 2,000/tonne due to declining prices and demand weakness. Management targets Rs 60 crore business EBITDA in Q4 FY26 and Rs 350 crore for FY27, implying significant margin expansion as new service centers ramp up and higher-margin renewable/structure businesses scale. The company maintains Rs 800 crore cash on books despite aggressive expansion plans. Risk includes dependency on steel price stability and execution of 20-location expansion within stated timelines.
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Signal
Positive
Revenue
₹1,823 Cr
Source date
Pending
Across the record
Quarter history.
History modules