Sarthak Metals Q4 FY26: Volume-led rebound with welding scaling up

In Q4 FY26, revenue from operations was 61.99 crore, EBITDA was 2.51 crore, PBT was 2.16 crore, and PAT was 1.49 crore as per the presentation P and L summary.

Revenue from operations increased 29 percent year on year to 61.99 crore, and PAT increased 123 percent year on year to 1.49 crore compared with Q4 FY25.

The presentation lists cored wires, aluminium flipping coils, flux cored wire welding consumables, and wire feeder machines as product categories. It also mentions evaluation of biotechnology opportunities via a pilot SSF facility.

The company reported welding revenue of Rs 15.7 crore in FY26 and Rs 4.8 crore in Q4 FY26, with Q4 volumes of 432 tonnes and realization of Rs 1.11 lakh per tonne. Capacity is stated at 3,600 tonnes per year.

The presentation states the company aims to achieve annual sales of Rs 25 crore in the welding business next year.

The presentation discloses that Rs 50 lakhs has been invested to date, primarily towards a pilot R and D facility in Nagpur including basic equipment and advisory fees, with further investments planned only after greater clarity.

Operational efficiency metrics show working capital days at 173 in FY26 provisional, inventory days at 80 in FY26, and trade receivables turnover days at 94 in FY26.