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What SG Mart promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q4 FY26

what the last two calls moved 21 tracked 3 delivered 6 missed 12 open
  • FY26 EBITDA delivered, diluted said Q4 FY25 Promised: INR 200 crores Q4 FY26: Achieved ₹137 crores for FY26, slightly missing the revised guidance of ~₹140 crores but very close. The original ₹200 crore target was missed significantly.
  • Blended EBITDA Margin went quiet said Q1 FY25 Promised: 2.5% Q4 FY26: Management continues to emphasize segment-wise EBITDA per ton, confirming the abandonment of a blended margin target.
  • FY27 EBITDA revised down said Q4 FY25 Promised: INR 400 crores Q4 FY26: Guidance range clarified to '₹300-350 crores', a downward revision from the '₹350 crores+' guided in Q3.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 21 tracked commitments for SG Mart — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens