Sarthak Metals Limited
Sarthak Metals Limited manufactures, sells, and exports cored wires and aluminium flipping coils in India and internationally. The company offers calcium silicide, calcium iron, calcium solid wire, calcium aluminum iron, lead cored, ferro titanium, carbon, ferro boron, magnesium ferrosilicon, nitride manganese, carbon steel, stainless steel, hardfacing, and ferro niobium wires, as well as aluminu… Read more
Sarthak Metals Limited (SMLT) - Net Assets
Latest net assets as of December 2025: ₹1.23 Billion INR
Based on the latest financial reports, Sarthak Metals Limited (SMLT) has net assets worth ₹1.23 Billion INR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹1.26 Billion) and total liabilities (₹32.81 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹1.23 Billion |
| % of Total Assets | 97.4% |
| Annual Growth Rate | 18.98% |
| 5-Year Change | 126.38% |
| 10-Year Change | 402.46% |
| Growth Volatility | 11.86 |
Sarthak Metals Limited - Net Assets Trend (2012–2025)
This chart illustrates how Sarthak Metals Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sarthak Metals Limited (2012–2025)
The table below shows the annual net assets of Sarthak Metals Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.20 Billion | +3.55% |
| 2024-03-31 | ₹1.16 Billion | +10.57% |
| 2023-03-31 | ₹1.05 Billion | +34.72% |
| 2022-03-31 | ₹779.37 Million | +46.77% |
| 2021-03-31 | ₹531.03 Million | +15.02% |
| 2020-03-31 | ₹461.69 Million | +8.96% |
| 2019-03-31 | ₹423.70 Million | +15.74% |
| 2018-03-31 | ₹366.07 Million | +12.03% |
| 2017-03-31 | ₹326.75 Million | +36.57% |
| 2016-03-31 | ₹239.25 Million | +16.34% |
| 2015-03-31 | ₹205.65 Million | +15.94% |
| 2014-03-31 | ₹177.38 Million | +17.65% |
| 2013-03-31 | ₹150.77 Million | +20.12% |
| 2012-03-31 | ₹125.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sarthak Metals Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1364.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹1.02 Billion | 85.03% |
| Common Stock | ₹136.90 Million | 11.39% |
| Other Comprehensive Income | ₹1.07 Billion | 88.61% |
| Total Equity | ₹1.20 Billion | 100.00% |
Sarthak Metals Limited Competitors by Market Cap
The table below lists competitors of Sarthak Metals Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reklaim Ltd
V:MYID
|
$2.67 Million |
|
INFINITII AI INC.
F:Y31
|
$2.67 Million |
|
Forafric Global PLC Warrants
NASDAQ:AFRIW
|
$2.67 Million |
|
AMR Asia Public Company Limited
BK:AMR
|
$2.67 Million |
|
MCDONALD'S (MDO.SG)
STU:MDO
|
$2.67 Million |
|
Orapi SA
PA:ORAP
|
$2.67 Million |
|
Li-Metal Corp.
OTCQB:LIMFF
|
$2.67 Million |
|
Maison Antoine Baud Société Anonyme
PA:MLMAB
|
$2.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sarthak Metals Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,160,875,000 to 1,202,126,000, a change of 41,251,000 (3.6%).
- Net income of 41,198,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,065,587,999.
- Other factors decreased equity by 1,065,534,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹41.20 Million | +3.43% |
| Other Comprehensive Income | ₹1.07 Billion | +88.64% |
| Other Changes | ₹-1.07 Billion | -88.64% |
| Total Change | ₹- | 3.55% |
Book Value vs Market Value Analysis
This analysis compares Sarthak Metals Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.05x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | ₹11.01 | ₹66.61 | x |
| 2013-03-31 | ₹11.01 | ₹66.61 | x |
| 2014-03-31 | ₹12.96 | ₹66.61 | x |
| 2015-03-31 | ₹15.02 | ₹66.61 | x |
| 2016-03-31 | ₹17.48 | ₹66.61 | x |
| 2017-03-31 | ₹23.87 | ₹66.61 | x |
| 2018-03-31 | ₹26.74 | ₹66.61 | x |
| 2019-03-31 | ₹30.95 | ₹66.61 | x |
| 2020-03-31 | ₹33.72 | ₹66.61 | x |
| 2021-03-31 | ₹38.79 | ₹66.61 | x |
| 2022-03-31 | ₹56.93 | ₹66.61 | x |
| 2023-03-31 | ₹76.69 | ₹66.61 | x |
| 2024-03-31 | ₹84.80 | ₹66.61 | x |
| 2025-03-31 | ₹87.83 | ₹66.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sarthak Metals Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.31%
- • Asset Turnover: 1.43x
- • Equity Multiplier: 1.04x
- Recent ROE (3.43%) is below the historical average (15.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 11.06% | 1.66% | 3.28x | 2.03x | ₹1.60 Million |
| 2013 | 15.85% | 2.12% | 3.08x | 2.43x | ₹8.82 Million |
| 2014 | 14.66% | 1.77% | 3.65x | 2.27x | ₹8.27 Million |
| 2015 | 13.98% | 1.90% | 3.20x | 2.29x | ₹8.18 Million |
| 2016 | 14.92% | 2.79% | 2.61x | 2.04x | ₹11.78 Million |
| 2017 | 12.09% | 2.60% | 2.43x | 1.92x | ₹6.83 Million |
| 2018 | 12.99% | 2.78% | 2.63x | 1.78x | ₹10.95 Million |
| 2019 | 13.60% | 3.05% | 2.26x | 1.98x | ₹15.26 Million |
| 2020 | 10.01% | 2.16% | 2.81x | 1.65x | ₹64.59K |
| 2021 | 15.05% | 3.61% | 2.43x | 1.72x | ₹26.84 Million |
| 2022 | 35.26% | 6.04% | 3.92x | 1.49x | ₹196.87 Million |
| 2023 | 28.35% | 7.32% | 3.69x | 1.05x | ₹192.64 Million |
| 2024 | 11.91% | 4.55% | 2.53x | 1.03x | ₹22.20 Million |
| 2025 | 3.43% | 2.31% | 1.43x | 1.04x | ₹-79.01 Million |
Industry Comparison
This section compares Sarthak Metals Limited's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $2,316,030,916
- Average return on equity (ROE) among peers: 15.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sarthak Metals Limited (SMLT) | ₹1.23 Billion | 11.06% | 0.03x | $2.67 Million |
| Aeroflex Industries Limited (AEROFLEX) | $477.26 Million | 14.85% | 2.21x | $117.91 Million |
| Alicon Castalloy Limited (ALICON) | $771.45 Million | 18.69% | 2.90x | $35.46 Million |
| BELL AGROMACHINA ORD T (BSE) (BALUFORGE) | $1.59 Billion | 18.81% | 0.79x | $157.21 Million |
| DCM Limited (DCM) | $2.25 Billion | -1.93% | 2.18x | $4.01 Million |
| DEE Development Eng Ltd (DEEDEV) | $4.12 Billion | 1.99% | 1.05x | $73.80 Million |
| D P Wires Limited (DPWIRES) | $1.52 Billion | 19.14% | 0.29x | $5.42 Million |
| Gandhi Special Tubes Limited (GANDHITUBE) | $490.87 Million | 32.88% | 0.19x | $42.31 Million |
| Ganga Forging Limited (GANGAFORGE) | $27.26 Million | 22.28% | 2.96x | $2.77 Million |
| Gravita India Limited (GRAVITA) | $2.04 Billion | 7.59% | 1.81x | $498.10 Million |
| Happy Forgings Limited (HAPPYFORGE) | $9.88 Billion | 21.12% | 0.34x | $301.15 Million |