What we do Sarthak Metals Ltd manufactures cored wires, aluminum flipping coils, and industrial gases mainly for steel plants, fabrications, and foundries. |
Founded in 1,995 |
Market share Key supplier to major Indian steel mills; strong presence in cored wires and aluminum coil markets with growing export footprint. |
Problem solved Provides efficient alloy additive solutions for steel refining, ensuring superior quality and productivity for steelmakers and allied industries. |
Top clients or who we serve Steel plants, fabrication units, foundries; primarily B2B customers in metallurgical sectors. |
Key management Anup Kumar Bansal (Managing Director), Sanjay Shah (Whole-Time Director), Mayur Bhatt (Whole-Time Director & CEO). |
Our journey and innovations Started in 1995; IPO in 2017; expanded into flux cored wires with tripled capacity; diversified into welding consumables and biotechnology. |
Where we operate Mainly India with growing exports to foreign countries. |
Top products or what we offer Cored wires, aluminum flipping coils, industrial oxygen and carbon dioxide gases, flux cored welding wires. |
Top brands Sarthak Cored Wires, Flux Cored Arc Welding consumables, Aluminum Flipping Coils – recognized for quality and reliability. |
Raw materials needed Steel wires, alloy powders, aluminum scrap, gases for industrial applications. |
Raw materials supplier Various domestic and international suppliers; renewable energy partly from in-house solar plant. |
Recurring vs cyclical contribution Revenue is largely cyclical due to dependence on steel industry conditions, with growing recurring segments in welding and biotechnology. |
Our industry position Leading manufacturer and exporter in niche metallurgical consumables; strong client retention and quality certification. |
Financial highlights FY25 revenue Rs 178.42 Cr; PAT Rs 4.12 Cr; EBITDA margin 3.9%; faced industry headwinds causing 42% revenue drop YoY. |
Geographical revenue split India contributes ~82% and foreign countries ~18% of revenues. |
Order book - |
Whats driving growth Increasing focus on welding consumables, flux cored wires expansion, export markets, and biotechnology innovations. |
Our future plans Scaling flux cored wire production to 3600 TPA; expanding welding and biotech segments; exploring export growth and technological development. |
Our green promise 50% electricity cost reduction via rooftop solar; promotes recycled aluminum usage for sustainability. |
Our people and values 147 employees with focus on ethical conduct, diversity, and workplace safety. |
Key challenges ahead Steel industry volatility, import competition, margin pressures, and global supply uncertainties. |
Interesting facts Received RDSO Indian Railways approval for flux cored wires; expanding biotechnology ventures in biofuels. |
Risks and strategy Mitigating import competition by focusing on quality and niche products; diversifying beyond steel sector consumables. |
