Sarthak Metals Limited

NSEI:SMLT Stock Report

Market Cap: ₹985.7m

Sarthak Metals Management

Management criteria checks 4/4

Sarthak Metals' CEO is Mayur Bhatt, appointed in Jul 2021, has a tenure of 4.92 years. total yearly compensation is ₹1.30M, comprised of 92.3% salary and 7.7% bonuses, including company stock and options. directly owns 3.32% of the company’s shares, worth ₹32.69M. The average tenure of the management team and the board of directors is 5 years and 9.8 years respectively.

Key information

Mayur Bhatt

Chief executive officer

₹1.3m

Total compensation

CEO salary percentage92.31%
CEO tenure4.9yrs
CEO ownership3.3%
Management average tenure5yrs
Board average tenure9.8yrs

Recent management updates

Recent updates

Analysis Article • Feb 12

What Sarthak Metals Limited's (NSE:SMLT) P/E Is Not Telling You

With a price-to-earnings (or "P/E") ratio of 33.4x Sarthak Metals Limited ( NSE:SMLT ) may be sending bearish signals...
Analysis Article • Oct 31

Getting In Cheap On Sarthak Metals Limited (NSE:SMLT) Is Unlikely

With a price-to-earnings (or "P/E") ratio of 40.5x Sarthak Metals Limited ( NSE:SMLT ) may be sending bearish signals...
Analysis Article • Aug 11

The Returns On Capital At Sarthak Metals (NSE:SMLT) Don't Inspire Confidence

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article • Mar 28

Sarthak Metals Limited (NSE:SMLT) May Have Run Too Fast Too Soon With Recent 28% Price Plummet

Unfortunately for some shareholders, the Sarthak Metals Limited ( NSE:SMLT ) share price has dived 28% in the last...
Analysis Article • Mar 13

Some Investors May Be Worried About Sarthak Metals' (NSE:SMLT) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article • Jan 23

Unpleasant Surprises Could Be In Store For Sarthak Metals Limited's (NSE:SMLT) Shares

With a median price-to-sales (or "P/S") ratio of close to 1.3x in the Metals and Mining industry in India, you could be...
Analysis Article • Sep 26

Sarthak Metals Limited's (NSE:SMLT) Shares Lagging The Market But So Is The Business

With a price-to-earnings (or "P/E") ratio of 27x Sarthak Metals Limited ( NSE:SMLT ) may be sending bullish signals at...
Analysis Article • Mar 11

Investors Give Sarthak Metals Limited (NSE:SMLT) Shares A 26% Hiding

Sarthak Metals Limited ( NSE:SMLT ) shares have retraced a considerable 26% in the last month, reversing a fair amount...
Analysis Article • Jan 26

Investors Still Aren't Entirely Convinced By Sarthak Metals Limited's (NSE:SMLT) Earnings Despite 33% Price Jump

Sarthak Metals Limited ( NSE:SMLT ) shareholders have had their patience rewarded with a 33% share price jump in the...
Analysis Article • Jan 26

Investors Still Aren't Entirely Convinced By Sarthak Metals Limited's (NSE:SMLT) Earnings Despite 33% Price Jump

The Sarthak Metals Limited ( NSE:SMLT ) share price has done very well over the last month, posting an excellent gain...
Analysis Article • Sep 26

Calculating The Fair Value Of Sarthak Metals Limited (NSE:SMLT)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Sarthak Metals fair value estimate is ₹289 Current share price...
Analysis Article • Jul 09

Sarthak Metals (NSE:SMLT) Is Due To Pay A Dividend Of ₹1.00

Sarthak Metals Limited's ( NSE:SMLT ) investors are due to receive a payment of ₹1.00 per share on 20th of September...
Analysis Article • Jun 24

With EPS Growth And More, Sarthak Metals (NSE:SMLT) Makes An Interesting Case

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article • May 27

Why The 42% Return On Capital At Sarthak Metals (NSE:SMLT) Should Have Your Attention

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Nov 08

Calculating The Intrinsic Value Of Sarthak Metals Limited (NSE:SMLT)

How far off is Sarthak Metals Limited ( NSE:SMLT ) from its intrinsic value? Using the most recent financial data...
Analysis Article • Aug 14

Sarthak Metals (NSE:SMLT) Is Paying Out A Dividend Of ₹1.00

Sarthak Metals Limited's ( NSE:SMLT ) investors are due to receive a payment of ₹1.00 per share on 5th of October. This...
Analysis Article • Jul 31

Sarthak Metals (NSE:SMLT) Is Paying Out A Dividend Of ₹1.00

The board of Sarthak Metals Limited ( NSE:SMLT ) has announced that it will pay a dividend of ₹1.00 per share on the...
Analysis Article • Jul 09

Sarthak Metals (NSE:SMLT) Has Announced A Dividend Of ₹1.00

Sarthak Metals Limited ( NSE:SMLT ) has announced that it will pay a dividend of ₹1.00 per share on the 5th of October...
Analysis Article • May 22

We Think That There Are Issues Underlying Sarthak Metals' (NSE:SMLT) Earnings

Despite posting some strong earnings, the market for Sarthak Metals Limited's ( NSE:SMLT ) stock hasn't moved much. Our...
Analysis Article • Dec 03

Fewer Investors Than Expected Jumping On Sarthak Metals Limited (NSE:SMLT)

With a price-to-earnings (or "P/E") ratio of 7.2x Sarthak Metals Limited ( NSE:SMLT ) may be sending very bullish...

CEO Compensation Analysis

How has Mayur Bhatt's remuneration changed compared to Sarthak Metals's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

₹46m

Dec 31 2025n/an/a

₹38m

Sep 30 2025n/an/a

₹37m

Jun 30 2025n/an/a

₹38m

Mar 31 2025₹1m₹1m

₹41m

Dec 31 2024n/an/a

₹52m

Sep 30 2024n/an/a

₹52m

Jun 30 2024n/an/a

₹99m

Mar 31 2024₹1m₹1m

₹138m

Dec 31 2023n/an/a

₹179m

Sep 30 2023n/an/a

₹242m

Jun 30 2023n/an/a

₹265m

Mar 31 2023₹1m₹1m

₹298m

Dec 31 2022n/an/a

₹321m

Sep 30 2022n/an/a

₹316m

Jun 30 2022n/an/a

₹291m

Mar 31 2022₹1m₹1m

₹275m

Dec 31 2021n/an/a

₹223m

Sep 30 2021n/an/a

₹189m

Jun 30 2021n/an/a

₹143m

Mar 31 2021₹650k₹600k

₹80m

Dec 31 2020n/an/a

₹66m

Sep 30 2020n/an/a

₹44m

Jun 30 2020n/an/a

₹45m

Mar 31 2020₹650k₹600k

₹46m

Compensation vs Market: Mayur's total compensation ($USD13.76K) is below average for companies of similar size in the Indian market ($USD42.19K).

Compensation vs Earnings: Mayur's compensation has been consistent with company performance over the past year.

CEO

Mayur Bhatt (48 yo)

4.9yrs
Tenure
₹1,300,000
Compensation

Shri Mayur Bhatt has been the Chief Executive Officer of Sarthak Metals Limited since July 14, 2021. He served as an Head of Operations at Sarthak Metals Limited until July 14, 2021 and has also been its W...

Leadership Team

NamePositionTenureCompensationOwnership
Mayur Bhatt
CEO & Whole Time Director4.9yrs₹1.30m3.32%
₹ 32.7m
Manoj Bansal
President10.4yrs₹6.50m29.19%
₹ 287.7m
Pratik Jain
Company Secretary & Compliance Officer5yrs₹618.00kno data
Sagar Shah
Vice President of Purchase & Salesno data₹1.63mno data
Anoop Bansal
MD & Directorno data₹6.50m9.42%
₹ 92.8m
Sanjay Shah
Whole Time Directorno data₹6.50m12.57%
₹ 123.9m
Narendra Dewangan
CFO & Head Accountantless than a yearno datano data
R. S. Murty
General Manager of Marketingno datano datano data
5.0yrs
Average Tenure
63yo
Average Age

Experienced Management: SMLT's management team is considered experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mayur Bhatt
CEO & Whole Time Director9.8yrs₹1.30m3.32%
₹ 32.7m
Anoop Bansal
MD & Director30.9yrs₹6.50m9.42%
₹ 92.8m
Sanjay Shah
Whole Time Director23.4yrs₹6.50m12.57%
₹ 123.9m
Rama Kohli
Non­-Executive Independent Woman Director9.8yrs₹100.00kno data
Sunil Agarwal
Non Executive Non-Independent Chairman6.3yrs₹60.00k0.37%
₹ 3.6m
Dwadasi Giri
Non Executive Independent Director5.9yrs₹120.00kno data
Sunil Bhatt
Independent Non-Executive Director4.8yrs₹120.00kno data
9.8yrs
Average Tenure
64yo
Average Age

Experienced Board: SMLT's board of directors are considered experienced (9.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/16 07:04
End of Day Share Price 2026/06/16 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Sarthak Metals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.