Shares of smallcap company SG Mart have made investors rich. The shares of the company have grown more than 35,000% in the past 7 years.
Shares of SG Mart have increased from Rs 28 to Rs 10,000 during this period.
The company’s shares have created a new one-year high by reaching the level of Rs 10299.15 on the last trading day. SG Mart is now preparing to give a gift to its investors.
The company will distribute its shares along with giving bonus shares.
Company’s Board Meeting Is On January 8
Ahmedabad headquartered company SG Mart has said in its exchange filing that the company’s board of directors is meeting on January 8, 2024.
At this meeting, the board of directors of the company will discuss the possibility of distributing stock (stock split) and also grant bonus shares.
If the company announces bonus shares, it will be the first time that the company will give bonus shares to its investors.
SG Mart was earlier named Kintech Renewables. The company is in the business of power generation including renewable energy. This has been said in a report.
Shares Jumped 2251% In 1 Year
Shares of smallcap company SG Mart have risen by 2251% in the last year. Shares of the smallcap company were at Rs 438 on January 6, 2023.
Shares of this company increased to the sum of 10299.15 on 5 January 2024.
The lowest stock of the company is 342.95. In the last 6 months, shares of SG Mart have increased by 372%.
The shares of the company went up from 2183.50 to 10299.15 during this time. At the same time, in the last month, shares of SG Mart have increased by 31%.
About SG Mart Ltd
At SG Mart, they research to identify, create, and offer new categories and products that are suited to the daily demands of people from Indian families.
Their goal is to offer the highest value for their customers so that every dollar they spend shopping with them will provide them with greater value than they could get elsewhere.
Their goal is to create SG Mart as a brand that offers a range of high-quality products at affordable prices for customers.
Since the opening of the first store at Bhinyad in the year 2018, SG Mart today has an established presence in 13 places in western Rajasthan.
Fundamental Analysis of SG Mart
| Market Cap | ₹ 5,744 Cr. |
| Current Price | ₹ 10,299 |
| 52-wk High | ₹ 10,299 |
| 52-wk Low | ₹ 343 |
| Stock P/E | 569 |
| Book Value | ₹ 393 |
| Dividend | 0.00 % |
| ROCE | 0.75 % |
| ROE | 0.91 % |
| Face Value | ₹ 10.0 |
| P/B Value | 26.2 |
| OPM | 1.89 % |
| EPS | ₹ 33.9 |
| Debt | ₹ 40.0 Cr. |
| Debt to Equity | 0.25 |
SG Mart Shareholding Pattern
| Promoters Holding | |
| Dec2022 | 89.37% |
| Mar 2023 | 75.00% |
| June 2023 | 75.00% |
| Sept2023 | 75.00% |
| Nov 2023 | 53.79% |
| DII Holding | |
| Dec 2022 | 0.00% |
| Mar 2023 | 0.00% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Nov 2023 | 3.48% |
| Govt. Holding | |
| Dec 2022 | 0.90% |
| Mar 2023 | 0.90% |
| June 2023 | 0.00% |
| Sept 2023 | 0.00% |
| Nov 2023 | 0.00% |
| Public Holding | |
| Dec 2022 | 9.73% |
| Mar 2023 | 24.10% |
| June 2023 | 25.00% |
| Sept 2023 | 25.00% |
| Nov 2023 | 42.72% |
SG Mart Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹1 Cr |
| 2020 | ₹0 Cr |
| 2021 | ₹6 Cr |
| 2022 | ₹0 Cr |
| 2023 | ₹659 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹0 Cr |
| 2020 | ₹0 Cr |
| 2021 | ₹0 Cr |
| 2022 | ₹0 Cr |
| 2023 | ₹10 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | – |
| 5 Years: | -9% |
| 3 Years: | -23% |
| Current Year: | 1672% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 2% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 1% |
Last 10 Years’ Sales Growth:
| 10 Years: | 55% |
| 5 Years: | 16% |
| 3 Years: | 123% |
| Current Year: | 6586500% |
Company’s Positive Signs:
- Promoter holding has risen by 35.0 percent over the last quarter.
- The company’s median growth in sales is 28.0 percent over the last 10 years.
- The requirements for the working capital of the company have been reduced by 15,840 days, to 79.6 days
Company’s Negative Signs:
- The stock trades at 26.2 times the book value
- Although the company reports regular profits, however, it’s not paying dividends.
- It has a low return on equity at 2.00 percent over the last three months.
- The company could be leveraging the expense of interest
- Promoter holding has been decreasing over the past 3 years: -21.0%
Conclusion
This article is a complete guide about SG Mart Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential. Hopefully, these informations will help you in your further investment.
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