SG Mart Ltd — Important, 07-05-2026: Company Update

SG Mart achieved solid FY26 performance, with Q4 being its best quarter. Q4 revenue exceeded INR1,800 crores, and EBITDA was INR56 crores, including INR6 crores inventory gain. Full-year FY26 EBITDA grew 35% to INR137 crores. The company significantly reduced working capital days to 20, generating INR300 crores in operating cash flow while investing INR250 crores in Q4 capex and maintaining INR750 crores net cash. Growth is driven by service centers and new value-added profiles and renewable structures, despite B2B challenges from steel shortages. SG Mart plans INR600 crores capex over two years for capacity expansion, aiming for 50% bottom-line growth from these profitable verticals.