SG Mart Ltd
SGMARTSG Mart Ltd's price has outrun its earnings. +69.6% in a year against EPS −4.2% — the market is paying now for delivery later.
The sharpest disagreement: profits are rising, but only −37% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (22 weeks in) while the P/E sits at the 65th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +43.8% year on year, and −37% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
SG Mart Ltd trades at ₹636, in a confirmed uptrend and 22 weeks into that stage. That is +30.0% against its own 200-day average. It sits at 93% of a 52-week range of ₹334 to ₹657. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks.
Today the stock is in a confirmed uptrend — week 22 of stage 2, confirmed. At ₹636 it trades +30.0% versus its 200-day average and sits at 93% of its 52-week range (₹334–₹657).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved +51,178% while the NIFTY 500 moved +263% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 2 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 65th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
SG Mart Ltd trades at 72.3× P/E, mid-range by its own standards (65th percentile). Its long-run median P/E is 46.5×, measured across 9.8 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 72.3× is mid-range by its own standards (65th percentile), against a long-run median of 46.5× measured over 9.8 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved −4.2% against a +69.6% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +133.8%/yr price move, ~+116.0%/yr came from earnings growth and ~+17.8 pp from the multiple (expanding). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
SG Mart Ltd reads as mixed on its fundamental arc. Mixed — eps growth is lifting off its trough at +4.7% while profit growth is decelerating from its peak at +14.7% — the curves disagree, so the per-curve reads carry the story. The read is built from 8 quarters across 4 curves, on partial evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
A partial read: at least one curve is short, or the returns curve is not the computed quarterly series — hold the stage word a little more loosely.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +7.8% | — | — | +139.9% |
| Profit | +7.8% | — | — | — |
| EPS | −4.2% | — | — | +64.7% |
| Share price | +69.6% | +77.6% | +133.8% | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
51.3/100 — rank 16 of 48 in Trading · 90% evidence confidence
SG Mart Ltd scores 51.3 out of 100 against the 48 companies it is compared with in Trading, ranking 16. Price leads the evidence: RS versus the benchmark is 43.6%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
The four contributions add to the total exactly: 14.3 + 11.1 + 8.3 + 17.6 = 51.3. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
SG Mart Ltd reported ₹1,309 Cr of revenue in the Jun 26 quarter, +14.4% year on year. That is the 3rd straight quarter of year-on-year growth. Over 10 years it has compounded at 139.9% a year. The last full year, FY26, came in at ₹6,315 Cr. The last four reported quarters add to ₹6,480 Cr.
SG Mart Ltd reported ₹1,309 Cr of revenue in the Jun 26 quarter, +14.4% year on year. That is the 3rd straight quarter of year-on-year growth. Over 10 years it has compounded at 139.9% a year. The last full year, FY26, came in at ₹6,315 Cr. The last four reported quarters add to ₹6,480 Cr.
FY26 revenue came in at ₹6,315 Cr (+7.8% on the year), capping 10 years at 139.9% compound. The latest quarter (Jun 26) printed ₹1,309 Cr, +14.4% year on year — the 3rd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +11.7% growth against the decade's 139.9% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +10.4% over the last 4 quarters against +33.0%/yr over the last 8 — rolling over; TTM profit +14.7% vs +20.6%/yr — rolling over.
→ Revenue grew — did margins hold as it scaled? Next: 4.0% this quarter (+1.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
SG Mart Ltd's operating margin is 4.0% in the Jun 26 quarter, +1.0 percentage points against the same quarter a year ago. Across 7 fiscal years the operating margin has ranged 2.0% to 89.0%. The current quarter sits inside that band.
SG Mart Ltd's operating margin is 4.0% in the Jun 26 quarter, +1.0 percentage points against the same quarter a year ago. Across 7 fiscal years the operating margin has ranged 2.0% to 89.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 4.0%, +1.0 pp against the same quarter a year ago. Across 7 fiscal years the operating margin has ranged 2.0%–89.0%.
Why the margin moved: operating margin went +1.4 pp year on year while gross margin went +1.9 pp — the gain came mostly from the gross line: input costs and pricing.
→ Margins held — did that reach the bottom line? Next: profit +43.8% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
SG Mart Ltd earned ₹46.0 Cr of net profit in the Jun 26 quarter, +43.8% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹111 Cr. That is 3.5% of the quarter's revenue. The same quarter a year earlier earned ₹32.0 Cr.
SG Mart Ltd earned ₹46.0 Cr of net profit in the Jun 26 quarter, +43.8% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹111 Cr. That is 3.5% of the quarter's revenue. The same quarter a year earlier earned ₹32.0 Cr.
Jun 26 profit was ₹46.0 Cr, +43.8% year on year — the 2nd consecutive quarter of growth. On the full year, FY26 printed ₹111 Cr (+7.8%).
Why profit moved: revenue contributed +14.4% and the margin +1.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +19.0% vs revenue +11.7%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: −37% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −37% of SG Mart Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹258 Cr of operating cash against ₹111 Cr of profit. After ₹125 Cr of capital spending, ₹133 Cr was left as free cash.
FY26: operating cash of ₹258 Cr against reported profit of ₹111 Cr, leaving free cash of ₹133 Cr after ₹125 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −37% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −37%: the cash cycle tightened 107 days between FY17 and FY26 — cash that used to wait in the cycle now reaches the bank sooner. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 22.8× depreciation over three years, so the next section's job is to check what that build-out is buying.
→ So follow the cash to where it goes. Next: ₹342 Cr of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
SG Mart Ltd's cash conversion cycle runs 10 days in FY26, down from 117 days in FY17. Capital spending ran ₹342 Cr over the last 3 years. At FY26 sales of ₹6,315 Cr each day of that cycle holds about ₹17.3 Cr, so roughly ₹173 Cr sits inside the business at any moment.
FY26: debtors at 15 days, inventory at 17 days — roughly 0.6 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 10 days, tighter than FY17's 117.
The full loop: cash goes out to suppliers and production on day 0; stock waits 17 days to sell; customers pay about 15 days after that; and suppliers themselves are paid at 22 days — netting out to the 10-day cycle.
In money terms: at FY26 sales of ₹6,315 Cr, each day of the cycle holds about ₹17.3 Cr — so the 10-day loop keeps roughly ₹173 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹342 Cr over the last 3 fiscal years against ₹15.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹20.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 10% and the ROIC − WACC spread is +1.0 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
SG Mart Ltd earns a ROCE of 10% in FY26. That is up from a trough of 8% in FY19. Return on invested capital clears the cost of that capital by +1.0 percentage points, so growth here adds value rather than only size. The wiring behind it is 1.8% net margin on 2.81× asset turns.
FY26 ROCE is 10%, recovered from a FY19 trough of 8% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 1.8% net margin × 2.81× asset turns × 1.41× balance-sheet leverage ≈ 7.1% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 13.0% − 12.0% = a +1.0 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.17.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
SG Mart Ltd carries total debt of ₹268 Cr against shareholder equity of ₹1,597 Cr as of Jun 26, a debt-to-equity of 0.17 — effectively unlevered. On the annual view that ratio went from 0.17 in FY24 to 0.17 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Jun 26: total debt of ₹268 Cr against shareholder equity of ₹1,597 Cr — a debt-to-equity of 0.17. On the annual view, debt-to-equity went from 0.17 (FY24) to 0.17 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: Promoters added 16.9 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Promoters added 16.9 points of SG Mart Ltd over 8 quarters, the biggest move on the register. That takes promoters to 57.9% of the company. Foreign institutions moved −3.7 points over the same window, to 1.9%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Promoters: +16.9 points over 8 quarters to 57.9%; Foreign institutions: −3.7 points over 8 quarters to 1.9%; Domestic institutions: +3.6 points over 8 quarters to 4.1%.
Why the register moved: rotation — foreign institutions −3.7 points against domestic institutions +3.6 points over 8 quarters, with promoters +16.9 points — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
SG Mart Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| SG Mart Ltd this page | 72.3× | ₹8,993 Cr | Mixed | |||
| Adani Enterprises Ltd | — | ₹4.1L Cr | Mixed | |||
| Lloyds Enterprises Ltd | 1,079.0× | ₹11,894 Cr | Turning around | |||
| RRP Semiconductor Ltd | — | ₹11,877 Cr | No read | |||
| MMTC Ltd | 92.2× | ₹9,228 Cr | No read | |||
| Rashi Peripherals Ltd | 18.5× | ₹5,139 Cr | Consistent | |||
| PTC India Ltd | 8.0× | ₹4,866 Cr | Mixed | |||
| Euro Pratik Sales Ltd | 37.2× | ₹3,083 Cr | No read | |||
| Shankara Buildpro Ltd | 23.1× | ₹2,998 Cr | No read | |||
| Blue Pearl Agriventures Ltd | 5,705.0× | ₹2,795 Cr | No read | |||
| BN Agrochem Ltd | 78.2× | ₹2,688 Cr | No read | |||
| Onix Solar Energy Ltd | 34.7× | ₹2,300 Cr | No read | |||
| Aayush Art and Bullion Ltd | 227.0× | ₹1,790 Cr | No read | |||
| Onix Solar Energy Ltd | 117.0× | ₹1,779 Cr | No read | |||
| Kothari Industrial Corporation Ltd | — | ₹1,761 Cr | No read | |||
| Kothari Industrial Corporation Ltd | — | ₹1,728 Cr | No read | |||
| Aayush Art and Bullion Ltd | 882.0× | ₹1,702 Cr | Mixed | |||
| Keto Motors Ltd | — | ₹1,603 Cr | No read | |||
| Le Merite Exports Ltd | 87.0× | ₹1,177 Cr | — | — | — | — |
| Arisinfra Solutions Ltd | 18.5× | ₹1,007 Cr | No read | |||
| Sudarshan Pharma Industries Ltd | 43.2× | ₹1,006 Cr | No read | |||
| Tembo Global Industries Ltd | 10.8× | ₹984 Cr | Mixed | |||
| A-1 Ltd | 383.0× | ₹947 Cr | Deteriorating | |||
| Bizotic Commercial Ltd | 86.4× | ₹936 Cr | — | — | — | — |
| Neueon Corporation Ltd | — | ₹930 Cr | No read | |||
| Shah Foods Ltd | 276.0× | ₹908 Cr | — | — | — | — |
| Hexa Tradex Ltd | — | ₹857 Cr | No read | |||
| Dhunseri Ventures Ltd | 9.4× | ₹854 Cr | Deteriorating | |||
| Vision Infra Equipment Solutions Ltd | 24.9× | ₹774 Cr | — | — | — | — |
| Hardwyn India Ltd | 58.5× | ₹773 Cr | Improving | |||
| Yogi Ltd | 36.9× | ₹765 Cr | No read | |||
| Patel Retail Ltd | 19.1× | ₹746 Cr | No read | |||
| Yogi Ltd | 39.1× | ₹741 Cr | No read | |||
| Nupur Recyclers Ltd | 51.0× | ₹725 Cr | Mixed | |||
| Mardia Samyoung Capillary Tubes Company Ltd | 687.0× | ₹707 Cr | No read | |||
| State Trading Corporation of India Ltd | 15.9× | ₹707 Cr | No read | |||
| Uniphos Enterprises Ltd | 33.0× | ₹683 Cr | No read | |||
| Cropster Agro Ltd | 43.7× | ₹679 Cr | No read | |||
| Fabtech Technologies Ltd | 13.7× | ₹666 Cr | No read | |||
| Sudarshan Pharma Industries Ltd | 28.7× | ₹609 Cr | No read |
Frequently asked questions
What is SG Mart Ltd's share price today?
SG Mart Ltd trades at ₹636, +69.6% over the past year. The company is valued at ₹8,993 Cr. The stock sits at 93% of its 52-week range of ₹334–₹657, +30.0% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 22 weeks in. — as of 24 July 2026.
What were SG Mart Ltd's latest quarterly results?
SG Mart Ltd reported revenue of ₹1,309 Cr and net profit of ₹46.0 Cr for the Jun 26 quarter. Revenue rose 14.4% and profit rose 43.8% year on year. Earnings per share were ₹3.62. The operating margin was 4.0%, 1.0 pp higher than a year earlier. — as of 24 July 2026.
What is SG Mart Ltd's revenue?
SG Mart Ltd reported revenue of ₹1,309 Cr in the Jun 26 quarter, +14.4% year on year. For the full FY26 fiscal year, revenue was ₹6,315 Cr (+7.8%). Over the last 10 years revenue compounded at 139.9% a year. — as of 24 July 2026.
What is SG Mart Ltd's profit?
SG Mart Ltd earned ₹46.0 Cr of net profit in the Jun 26 quarter, +43.8% year on year — the 2nd straight quarter of growth. Full-year FY26 profit was ₹111 Cr. The operating margin ran 4.0% in the latest quarter. — as of 24 July 2026.
What is SG Mart Ltd's market cap?
SG Mart Ltd's market capitalisation is ₹8,993 Cr at a share price of ₹636. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is SG Mart Ltd's P/E ratio?
SG Mart Ltd trades at a P/E of 72.3×, at the 65th percentile of its own 10-year range, against a long-run median of 46.5×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does SG Mart Ltd pay a dividend?
Not in its latest year — SG Mart Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 4 of its last 7 reported fiscal years, so there is a history but no current dividend. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is SG Mart Ltd overvalued?
On its own history, SG Mart Ltd looks expensive against its own history: its P/E of 72.3× sits at the 65th percentile of its 10-year range (long-run median 46.5×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is SG Mart Ltd growing?
Yes — SG Mart Ltd is growing: latest-quarter revenue +14.4% year on year, profit +43.8%, and the margin +1.0 pp at 4.0%. The earnings engine currently reads: improving — as of 24 July 2026.
How is SG Mart Ltd performing?
SG Mart Ltd is in a confirmed uptrend, 22 weeks in. Its latest quarter's revenue rose 14.4% and profit rose 43.8% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is SG Mart Ltd in?
Mixed — eps growth is lifting off its trough at +4.7% while profit growth is decelerating from its peak at +14.7% — the curves disagree, so the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth +10.4% latest, profit growth +14.7% latest, eps growth +4.7% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is SG Mart Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 22 of stage 2), trading +30.0% versus its 200-day average and at 93% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is SG Mart Ltd beating the market?
On recent form, yes — SG Mart Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 2 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved +51,178% against the NIFTY 500's +263% — ahead of the index over the full window. — as of 24 July 2026.
Will SG Mart Ltd's share price go up?
This page publishes no price forecast for SG Mart Ltd. What it measures instead: the share price is ₹636, the price is in a confirmed uptrend 22 weeks in. Its P/E of 72.3× sits at the 65th percentile of its own 10-year range. — as of 24 July 2026.
Who owns SG Mart Ltd?
Promoters hold 57.9% of SG Mart Ltd, foreign institutions 1.9%, domestic institutions 4.1% and the public 36.1% (latest quarter). The biggest move on the register over the last two years: Promoters added 16.9 points over 8 quarters. — as of 24 July 2026.
Does SG Mart Ltd have too much debt?
No — SG Mart Ltd's debt-to-equity is 0.17, and operating profit covers the interest bill 3×. FY26 borrowings were ₹268 Cr against equity of ₹1,597 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is SG Mart Ltd's capex?
SG Mart Ltd spent ₹342 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹125 Cr, with ₹20.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is SG Mart Ltd's cash flow?
SG Mart Ltd generated ₹258 Cr of operating cash flow in FY26 and ₹133 Cr of free cash flow after ₹125 Cr of capital spending. Reported profit that year was ₹111 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is SG Mart Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −37% of SG Mart Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹258 Cr against reported profit of ₹111 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is SG Mart Ltd in its business cycle?
SG Mart Ltd's FY26 operating margin was 2.0%, against a 7-year band of 2.0%–89.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 4.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the SG Mart Ltd story?
The sharpest disagreement: profits are rising, but only −37% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is SG Mart Ltd a stock worth studying right now?
This is not investment advice. The machine read: SG Mart Ltd's price has outrun its earnings. +69.6% in a year against EPS −4.2% — the market is paying now for delivery later. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.