SG MART LIMITED

SG Mart Limited held its Q1 FY27 earnings conference call on July 20, 2026, where management reported sustained revenue and profitability for the second consecutive quarter. The company has transitioned from a trading model to a manufacturing focus, emphasizing five key pillars: manufacturing, branding, distribution, service centers, and an online marketplace. Management highlighted the launch of 10 new products and plans for 7 more in the upcoming quarters. The service center business achieved a volume of 160,000 tons, with profitability maintained at INR2,000 per ton. The company aims to expand its service centers from 7 to 25 by 2029. Management also discussed the potential for increased EBITDA margins through backward integration and new product offerings, projecting a revenue of INR25,000 to INR35,000 crores by 2030 with an EBITDA of at least INR1,000 crores. The call concluded with management expressing confidence in the company's growth trajectory and product pipeline.

Management expressed confidence in sustained growth and profitability.