SG Mart Limited Earnings Summary — Q1 FY2027

• Revenue witnessed a sequential decline of 28.18% to ₹1,308.57 crore as the company normalizes its explosive growth phase.
• The board approved the high-profile appointment of Shri Sanjay Gupta (APL Apollo Group Promoter) as Chairman & Managing Director.
• Announced the 100% acquisition of Tanwar Cargo Solutions for ₹85 crore to secure 9.956 acres of land in Haryana for logisitic infrastructure.
• Operational efficiency improved significantly with margins rising to 4.15% compared to 2.81% in the prior quarter despite lower volumes.
• Cost of materials and stock-in-trade purchases combined accounted for nearly 88% of total expenses, reflecting the trading-heavy business model.
• Consolidated net profit of ₹45.58 crore remains supported by other income of ₹9.75 crore.
• Management transition is solidified with Rohan Gupta (Whole-time Director) and other steel industry veterans joining the board.

The acquisition of Tanwar Cargo Solutions is intended to secure strategically located land for future manufacturing facilities and warehousing infrastructure, expected to close by December 31, 2026.

Stable

While revenue cooled off from the previous quarter's highs, fundamental profitability and margin profile showed resilience alongside a major leadership upgrade from the APL Apollo ecosystem.

The company is transitioning from a rapid scale-up phase to building long-term infrastructure and formalizing its leadership under the Gupta family. Future growth is tied to the successful integration of its B2B marketplace and the development of the newly acquired logistics assets.