SGMART SG Mart Q2 FY27 results (Jul–Sep 2026) and concall
SG Mart reported strong operational momentum in Q2 FY27, delivering INR 72 crores EBITDA on the back of rapid ramp-up in its hybrid distribution and manufacturing model. HR coil processing volumes expanded 16% QoQ to 206,000 tons, while profile volumes rose 20% QoQ to 40,000 tons. The company is actively backward integrating into coated steel at Raipur, aiming to increase blended EBITDA margins from 4%-5% to 6%-7% over the next 9 to 12 months. SG Mart targets operating over 25-35 service centers by 2030, funded through internal cash flows and its INR 700 crore cash reserve.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q2 FY27: revenue down 10.0%, net profit up 135.3% against the same quarter last year.
| Line item | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,271 | 1,350 | 1,037 | 1,508 | 1,407 +11% | 1,588 +18% | 1,156 +11% | 1,357 −10% |
| EBITDA | 20 | 25 | 30 | 15 | 8 −60% | 44 +76% | 41 +37% | 53 +253% |
| Net profit | 28 | 22 | 29 | 17 | 7 −75% | 34 +55% | 34 +17% | 40 +135% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





