Sarthak Industries FY26 revenue rises 38% to ₹28,217.39 lakh
Sarthak Industries reported a 38% rise in FY26 revenue to ₹28,217.39 lakh, with net profit increasing to ₹348.02 lakh. The trading segment drove the growth.

*this image is generated using AI for illustrative purposes only.
Sarthak Industries Limited reported a 38% increase in annual revenue for the year ended March 31, 2026, driven by strong performance in its trading business. The board approved the audited standalone financial results for the fourth quarter and fiscal year 2026 on May 30, 2026. The statutory auditors, M/s. Ashok Khasgiwala & Co. LLP, issued an unmodified opinion on the financial results.
Financial Performance
For the full year FY26, the company recorded a total income from operations of ₹28,217.39 lakh, compared to ₹20,433.64 lakh in the previous year. Net profit for the year rose to ₹348.02 lakh from ₹282.72 lakh in FY25. Basic earnings per share (EPS) increased to ₹3.75 from ₹3.04 in the corresponding period.
In the quarter ended March 31, 2026, revenue stood at ₹9,710.56 lakh, while net profit was ₹159.58 lakh. This represents a significant recovery from the preceding quarter's revenue of ₹4,322.87 lakh and net profit of ₹42.86 lakh.
Segment Results
The trading business was the primary revenue driver, contributing ₹27,638.36 lakh to the annual sales, while the cylinders business generated ₹598.36 lakh. The trading segment reported a profit before tax and interest of ₹877.53 lakh for the year. The unallocated segment recorded a loss of ₹242.99 lakh before tax and interest.
| Metric | Q4FY26 (₹ in lacs) | Q4FY25 (₹ in lacs) | FY26 (₹ in lacs) | FY25 (₹ in lacs) |
|---|---|---|---|---|
| Total Revenue | 9,710.56 | 10,307.00 | 28,217.39 | 20,433.64 |
| Net Profit | 159.58 | 68.69 | 348.02 | 282.72 |
| Basic EPS | 1.72 | 0.74 | 3.75 | 3.04 |
Financial Position
The company's total assets grew to ₹10,635.15 lakh as of March 31, 2026, up from ₹7,291.22 lakh a year earlier. Current assets increased significantly to ₹9,122.77 lakh, largely due to higher trade receivables and inventories. Total equity stood at ₹4,566.88 lakh, supported by reserves of ₹3,637.70 lakh.
Cash and cash equivalents decreased to ₹5.74 lakh from ₹597.43 lakh at the end of the previous year, primarily due to operating activities. The company reported a net cash outflow from operating activities of ₹2,231.64 lakh for the year.
Historical Stock Returns for Sarthak Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.23% | -0.38% | -1.31% | -28.07% | -18.94% | +42.78% |
How does the company plan to address the significant decline in cash and cash equivalents given the net cash outflow from operating activities?
Will the company continue to rely heavily on the trading segment, or are there strategies to scale the cylinders business?
What measures are being taken to manage the increased trade receivables and inventories that contributed to the rise in current assets?

































