SG Mart Q3FY26 Revenue at ₹16.4 Billion, PAT ₹107 Million
SG Mart reported Q3FY26 net revenue of ₹16.4 billion (up 23% YoY, down 4% QoQ). PAT decreased by 62% YoY to ₹107 million. The company has expanded its product offerings to include tiles, cement, bath fittings, laminates, paints, and solar structures. It serves over 2,340 customers and 438 vendors.
The results show a YoY revenue growth but a substantial decline in profit, alongside a slight QoQ revenue dip. The company's strategic diversification into renewables and new product categories could offer future growth, but the current financial performance suggests a moderate impact.
While revenue saw a year-over-year increase, the significant drop in PAT and a quarter-over-quarter revenue decrease indicate mixed performance, warranting a neutral sentiment.
SG Mart Limited (formerly known as Kintech Renewables Limited) announced its financial and operational performance for the quarter ending December 31, 2025. The company reported a net revenue of ₹16.4 billion, reflecting a 23% year-over-year increase and a 4% quarter-over-quarter decrease. Profit After Tax (PAT) stood at ₹107 million, marking a decrease of 62% YoY and 60% QoQ.
The company offers a diverse range of over 60 product categories and 6,500 SKUs, including construction steel products like TMT Rebars, HR Sheet, and various wires, as well as newly introduced tiles, cement, bath fittings, laminates, and paints. SG Mart has also ventured into the renewables sector by launching solar structures for utility and residential applications.
SG Mart's customer base includes top-tier EPC companies, real estate developers, OEMs, Independent Power Producers, traders, dealers, and retailers, supported by a robust pan-India distribution network. The company serves over 2,340 customers and 438 vendors.
Commenting on the results, Mr. Amit Thakur, Executive Director, SG Mart, stated, “Q3FY26 was a challenging quarter due to pressure on steel prices and lack of demand in downstream steel products in October and November. However, these pressures are largely transient. With steel prices showing signs of recovery and demand conditions improving, we are confident of delivering a significantly better performance in Q4FY26. Our focus remains on disciplined inventory management, margin protection, and scalable growth.” He added that the company continues to strengthen its sourcing capabilities and customer relationships for sustainable growth.
What to do with a filing like this
SG Mart Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by SG Mart Limited. Read the original for the full detail.