SG Mart reported a 41% year-on-year increase in consolidated net profit after tax to ₹45.58 crore for the quarter ended June 30, 2026, driven by sustained demand from infrastructure and industrial end-markets. Revenue from operations rose 14% to ₹1,308.57 crore. In a significant leadership shift, the Board appointed Sanjay Gupta as Chairman & Managing Director and Rohan Gupta as Whole-time Director, effective July 20, 2026. The unaudited consolidated financial results were reviewed by statutory auditors M/s Walker Chandiok & Co LLP.

Q1 FY27 Financial Performance

The company recorded an EBITDA of ₹68.51 crore, a 22% increase from the corresponding period of the previous year. Total income for the quarter stood at ₹1,318.32 crore, compared to ₹1,164.21 crore in Q1 FY26. Net profit after tax increased to ₹45.58 crore from ₹32.31 crore in the same period last year. The following table summarises the key financial metrics for the quarter:

Board Appointments and Leadership Changes

Based on the recommendation of the Nomination and Remuneration Committee, the Board approved several key appointments effective July 20, 2026, subject to shareholder approval at the ensuing Annual General Meeting:

• Sanjay Gupta (DIN: 00233188): Appointed as Additional Director and Chairman & Managing Director for a term of five years. He is the Promoter of the SG Group and APL Apollo Group.
• Rohan Gupta (DIN: 08598622): Appointed as Additional Director and Whole-time Director for a term of five years. He is the son of Sanjay Gupta.
• Chakram Kumar Singh (DIN: 11108837): Appointed as Additional Director (Non-Executive Non-Independent).
• Shruti Shrivastava (DIN: 08697973): Appointed as Additional Director (Non-Executive Independent) for a term of five consecutive years.

Strategic Acquisition of Tanwar Cargo Solutions

The Board approved the acquisition of 100% of the equity share capital of Tanwar Cargo Solutions Private Limited (TCSPL) for an aggregate cash consideration of ₹85 crore. TCSPL owns approximately 9.956 acres of freehold land in Palwal, Haryana, which SG Mart intends to use for manufacturing facilities, warehousing, and logistics infrastructure. The transaction is expected to be completed by December 31, 2026. The acquisition does not constitute a related party transaction.

Management Guidance and Long-Term Vision

During the investor conference call held on July 20, 2026, management outlined an ambitious capital expenditure roadmap. The total CapEx requirement for the next two to three years is above ₹1,500 crore, funded from existing cash on books of ₹700 crore and internal cash flows. For FY27 specifically, management expects to spend ₹400 crore to ₹500 crore on CapEx, having already deployed ₹90 crore in Q1 FY27.

The key guidance parameters are summarised below:

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audio recording of the conference call is available on the company's website.

Sanjay Gupta has acquired a 35.07% stake in SG Mart through an inter-se transfer of 4,42,00,000 equity shares from promoter Sameer Gupta. The transaction, executed by way of gift on June 16, 2026, was disclosed to the stock exchanges under Regulation 10(6) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This acquisition alters the individual promoter shareholding structure while the total promoter and promoter group holding remains unchanged at 57.90% of the total paid-up share capital.

The transfer was conducted between immediate relatives, as Sanjay Gupta is the brother of Sameer Gupta. The disclosure regarding the acquisition was filed with BSE Limited and National Stock Exchange of India Limited on June 16, 2026. The equity shares transferred have a face value of ₹1 each. The total equity share capital of the company before and after the acquisition stands at 12,60,35,200 shares amounting to ₹12,60,35,200.

Following the transaction, Sanjay Gupta now holds 4,42,00,000 shares, while Sameer Gupta’s holding has reduced to nil. The total promoter and promoter group holding stands at 7,29,75,000 shares. The table below details the revised shareholding of the promoters and promoter group post-transaction:

The specific details of the acquisition are outlined below:

As a result of this transfer, Sanjay Gupta’s shareholding increased from 0% to 35.07%, while Sameer Gupta’s shareholding decreased from 35.07% to 0%. The acquirer has confirmed compliance with the relevant regulations regarding these changes.