Sarthak Industries seeks director re-appointment at AGM

1 min read     Updated on 22 Jul 2026, 05:44 PM
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AI Summary

Sarthak Industries Limited has announced its 42nd Annual General Meeting for August 18, 2026, to be held via video conferencing. Shareholders will vote on the ratification of remuneration for cost auditors and the re-appointment of Mr. Ajay Peshkar as Whole-time Director for a three-year term. The company reported a profit after tax of ₹34.80 lakh for FY26.

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Sarthak Industries Limited has scheduled its 42nd Annual General Meeting for August 18, 2026, at 01:00 P.M. IST through video conferencing. The meeting will seek shareholder approval for the ratification of cost auditors' remuneration and the re-appointment of Mr. Ajay Peshkar as Whole-time Director for a period of three years. Mr. Peshkar's proposed remuneration is ₹1,47,193 per month, with a provision for an annual increment up to ₹25,000.

The Board has fixed August 11, 2026, as the record date to determine shareholder eligibility for voting. The Register of Members and Share Transfer Books will remain closed from August 8, 2026, to August 18, 2026. Remote e-voting will commence on August 15, 2026, at 09:00 A.M. IST and conclude on August 17, 2026, at 5:00 P.M. IST.

Key Meeting Details

Event Date Time
Board Meeting July 20, 2026 -
Newspaper Publication July 22, 2026 -
Book Closure August 8, 2026 to August 18, 2026 -
Cut-off Date August 11, 2026 -
Remote E-voting Start August 15, 2026 09:00 AM
Remote E-voting End August 17, 2026 05:00 PM
42nd AGM August 18, 2026 01:00 PM

The company reported revenue of ₹2,821.79 lakh and a profit after tax of ₹34.80 lakh for the financial year 2025-26. The notice was published in The Free Press Journal and Navshakti on July 22, 2026. Riya Bhandari is the Company Secretary and Compliance Officer.

Historical Stock Returns for Sarthak Industries

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+1.74%-6.85%-16.09%-44.66%-53.28%

What strategic initiatives does Mr. Ajay Peshkar plan to prioritize during his next three-year term as Whole-time Director?

How does the company intend to improve its profit margins given the relatively low profit after tax compared to its revenue?

Will the upcoming AGM reveal any plans for capital expansion or diversification beyond the current business scope?

Sarthak Industries FY26 revenue rises 38% to ₹28,217.39 lakh

1 min read     Updated on 01 Jun 2026, 03:14 PM
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Jubin VScanX News Team
AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 Years
0.0%+1.74%-6.85%-16.09%-44.66%-53.28%

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?

More News on Sarthak Industries

1 Year Returns:-44.66%