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Sarthak Global Overview

Sarthak Global Ltd engages in trading of commodities in India. The enterprise operates in 2 segments, Trading of Commodities and Share Transfer Agent. It invests and trades in securities. The agency also offers registrar and share switch corporation services. It serves various customer agencies and shareholders. The corporation was formerly called Avanti Finance Ltd. Sarthak Global Ltd was founded in 1985 and is based in Indore, India.

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Sarthak Global Key Financials

Market Cap ₹11 Cr.

Stock P/E 368.4

P/B 5.4

Current Price ₹36.8

Book Value ₹ 6.8

Face Value 10

52W High ₹76.6

Dividend Yield 0%

52W Low ₹ 21.2

Sarthak Global Share Price

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Volume
Price

Sarthak Global Quarterly Price

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Sarthak Global Peer Comparison

Sarthak Global Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 0 0 4 1 2 4 4 1 0 0
Other Income 0 0 1 0 0 0 1 0 -0 -0
Total Income 0 0 5 1 3 4 5 1 0 0
Total Expenditure 0 0 4 1 3 4 4 0 0 0
Operating Profit -0 -0 1 -0 -0 -0 1 1 -0 -0
Interest 0 0 1 0 0 0 1 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 0 -0 -0 -0 0 1 -0 -0
Provision for Tax -0 0 0 0 0 0 -0 0 -0 -0
Profit After Tax 0 -0 0 -0 -0 -0 0 0 -0 -0
Adjustments 0 0 0 0 -0 0 0 0 0 0
Profit After Adjustments 0 -0 0 -0 -0 -0 0 0 -0 -0
Adjusted Earnings Per Share 0 -0.1 0.2 -0.4 -0.3 -0.4 0.5 1.4 -0 -0.2

Sarthak Global Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 0 0 0 2 39 99 19 5 3 4 7 5
Other Income 1 1 0 4 1 5 1 1 1 1 1 1
Total Income 1 1 0 7 40 104 19 6 4 5 9 6
Total Expenditure 0 1 0 6 39 103 18 9 3 4 7 4
Operating Profit 0 0 0 0 1 2 1 -4 1 1 1 2
Interest 0 0 0 0 1 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 -4 0 0 0 1
Provision for Tax 0 0 0 0 0 0 0 -0 -0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 -4 0 0 0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 -4 0 0 0 0
Adjusted Earnings Per Share 0 0 0.1 0.8 0.2 0.3 0.2 -13.8 0.2 0.1 0.1 1.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 75% 12% -41% 0%
Operating Profit CAGR 0% 0% -13% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 82% 53% 51% 5%
ROE Average 2% 2% -21% -9%
ROCE Average 6% 6% 0% 2%

Sarthak Global Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 5 5 6 6 6 6 2 2 2 2
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 10 10 10 12 24 16 14 9 15 15 13
Other Non-Current Liabilities 0 0 0 0 0 -0 0 0 -0 -0 0
Total Current Liabilities 0 0 0 1 8 5 3 16 6 3 2
Total Liabilities 16 16 16 19 37 27 23 27 23 20 17
Fixed Assets 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 15 15 15 15 10 7 1 5 1 0 0
Total Current Assets 1 0 0 4 27 20 22 22 22 19 17
Total Assets 16 16 16 19 37 27 23 27 23 20 17

Sarthak Global Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 1 2 2 0 0 0 0
Cash Flow from Operating Activities -1 -1 -0 0 -9 7 -3 4 -9 2 2
Cash Flow from Investing Activities 1 1 0 -2 -1 1 4 1 1 0 2
Cash Flow from Financing Activities 0 -0 -0 2 11 -7 -2 -5 8 -2 -4
Net Cash Inflow / Outflow 0 -0 -0 0 1 0 -2 -0 0 -0 1
Closing Cash & Cash Equivalent 0 0 0 1 2 2 0 0 0 0 1

Sarthak Global Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.05 0.04 0.06 0.82 0.18 0.31 0.18 -13.77 0.19 0.06 0.1
CEPS(Rs) 0.11 0.08 0.11 0.82 0.2 0.34 0.31 -13.64 0.33 0.09 0.12
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 17.75 17.53 17.58 18.39 18.57 18.88 19.06 5.29 5.48 5.54 5.64
Core EBITDA Margin(%) -82.8 -154.39 -104.59 -152.14 0.17 -3.64 3.53 -88.25 -5.4 -10.35 -3.47
EBIT Margin(%) 225.71 125.35 11.89 17.29 1.91 1.53 7.1 -73.72 31.79 24.51 16.13
Pre Tax Margin(%) 11.34 5.78 11.66 13.44 0.18 0.13 0.38 -85.93 0.9 1.82 1.23
PAT Margin (%) 6.77 5.62 8.43 10.06 0.14 0.09 0.28 -85.92 1.93 0.46 0.42
Cash Profit Margin (%) 16.1 12.64 15.4 10.15 0.15 0.1 0.5 -85.06 3.41 0.64 0.51
ROA(%) 0.09 0.07 0.11 1.43 0.19 0.29 0.21 -16.53 0.23 0.09 0.16
ROE(%) 0.26 0.21 0.33 4.53 0.98 1.65 0.94 -113.12 3.49 1.14 1.79
ROCE(%) 3.01 1.63 0.16 2.47 3.15 5.84 6.15 -21.97 5.74 4.98 6.41
Receivable days 9.2 39.53 59.26 129.33 100.98 53.48 270.63 831.62 317.43 110.39 13.4
Inventory Days 374.55 378.84 368.84 36.79 20.05 18.79 72.6 60.17 37.52 28.52 16.06
Payable days 0 0 0 1.7 34.66 20.49 69.94 757.85 1452.52 109.74 2.47
PER(x) 504.43 578.24 0 9.53 0 0 0 0 0 217.3 201.9
Price/Book(x) 1.31 1.25 0 0.42 0 0 0 0 0 2.47 3.58
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 83.4 83.19 63.5 6.12 0.64 0.18 0.94 2.67 7.43 5.36 2.79
EV/Core EBITDA(x) 35.48 62.85 336.75 35.22 33.04 11.95 12.85 -3.67 22.33 21.7 17.19
Net Sales Growth(%) 20.07 -1.13 2.71 1074.36 1523.63 151.4 -81.08 -74.39 -39.42 39.66 77.6
EBIT Growth(%) 44.73 -45.09 -90.25 1607.55 79.58 101.47 -12.42 -366 126.13 7.69 16.82
PAT Growth(%) -74.79 -17.84 54.04 1300.77 -77.88 71.77 -42.66 -7852.53 101.36 -66.43 58.73
EPS Growth(%) -74.79 -17.84 54.02 1300.93 -77.88 71.75 -42.64 -7851.1 101.36 -66.44 58.73
Debt/Equity(x) 1.92 1.96 1.94 2.37 4.27 3.01 2.6 6.36 11.55 10.69 9.01
Current Ratio(x) 7.41 10.4 18.01 4.23 3.54 4.1 6.61 1.37 3.5 6.98 7.52
Quick Ratio(x) 4.85 6 10.25 3.9 3.01 2.86 6.22 1.35 3.45 6.86 7.38
Interest Cover(x) 1.05 1.05 50.72 4.48 1.11 1.09 1.06 -6.03 1.03 1.08 1.08
Total Debt/Mcap(x) 1.47 1.57 0 5.61 0 0 0 0 0 4.33 2.52

Sarthak Global Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 72.72 72.72 72.72 72.72 72.72 72.72 72.72 72.72 72.63 72.34
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 27.28 27.28 27.28 27.28 27.28 27.28 27.28 27.28 27.37 27.66
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Sarthak Global News

Sarthak Global Pros & Cons

Pros

  • Debtor days have improved from 109.74 to 2.47days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 2% over the last 3 years.
  • Stock is trading at 5.4 times its book value.
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