Investor Presentation

Date: 14/08/2026 To, To, The Manager, Listing Department, Listing & Compliance, National Stock Exchange of India Limited, BSE Limited C-1, G-Block, Bandra-Kurla Complex Phiroze Jeejeebhoy Towers, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai - 400 001. Ref: Scrip Code - 540393 Ref: Scrip Symbol – SMLT Subject: Earnings Presentation Q1 FY 2026-2027. Dear Sir/Ma’am, Pursuant to Regulation 30(6) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation 2015, we are enclosing herewith Earnings Presentation of the Company. The said presentation is also being made available at the website of the Company at www.sarthakmetals.com. The above is for your information and dissemination. Thanking You, Yours faithfully, For, Sarthak Metals Limited Pratik Jain Company Secretary & Compliance Officer EARNINGS MODERN METALLURGICAL SOLUTIONS FOR FINE TUNING STEEL PRESENTATION Q1 FY27 TOPICS SLIDE NO. R FINANCIAL RESULTS 03 Y BUSINESS UPDATE 07 COMPANY BACKGROUND 10 FINANCIAL TRENDS 23 SUSTAINABILITY INITIATIVES 28 TOPICS SLIDE NO. R FINANCIAL RESULTS 03 Y OPERATIONAL HIGHLIGHTS 04 P&L SUMMARY 05 MANAGEMENT COMMENTARY 06 BUSINESS UPDATE 07 COMPANY BACKGROUND 10 FINANCIAL TRENDS 23 SUSTAINABILITY INITIATIVES 28 CORE OPERATIONAL HIGHLIGHTS O Q1 FY27 VOLUMES & REALIZATIONS S CORED WIRES WELDING ALUMINIUM FLIPPING COILS 37 5 H G CRORE 2,000 2.48 CRORE 500 1.15 7 CRORE 400 4.00 IH L A REVENUE 111 ,,, 468 000 000 2.46 2.46 22 .. 44 46 REVENUE 344 505 000 1.14 11 .. 11 44 REVENUE 33 05 00 2.65 3.47 33 .. 05 00 IT 2.42 A R 7% INCREASE 1,200 2.36 2.40 94 INCREASE 300 1.13 23 DECREASE 250 2.58 2.50 E P IN 1,000 % IN 250 % IN 200 2.00 O VOLUME 800 2.38 VOLUME 200 1.12 1.12 1.13 VOLUME (YoY) 2.36 (YoY) 150 1.50 600 150 1.12 (YoY) 5% I IN NC REASE 24 00 00 334,1 438,1 235,1 22 .. 33 24 0% I IN NC REASE 1 500 632 234 854 1.12 31 INCREASE 1 500 62 43 02 01 .. 50 00 % IN 3 2 2 REALIZATI - 2.30 REALIZATI - 1.11 REALIZATI - - Q1FY26 Q4FY26 Q1FY27 Q1FY26 Q4FY26 Q1FY27 ONS ONS Q1FY26 Q3FY26 Q1FY27 (QoQ) Volume Realization (QoQ) Volume Realization (QoQ) Volume Realization in Tonnes & ₹Lakh/Tonne Q1 FY27 P&L SUMMARY O PARTICULARS (₹ IN CRORES) Q1FY27 Q4FY26 Q1FY26 YOY% change QOQ% change Y F Revenue from Operations 55.21 61.99 46.22 19 -11 S Total Income 56.61 62.64 46.85 21 -10 Operating Expenses 53.66 59.48 44.47 21 -10 EBITDA (Excluding OI & EI) 1.55 2.51 1.76 -12 -38 Y EBITDA % 2.81% 4.04% 3.80% -99 bps -123 bps M Finance Cost 0.26 0.25 0.12 110 4 L & Depreciation & Amortization 0.62 0.75 0.69 -11 -17 PBT 2.07 2.16 1.56 33 -4 PAT 1.33 1.49 1.06 25 -11 EPS (₹) 0.97 1.09 0.77 26 -11 MANAGEMENT COMMENTARY O COMMENTING ON THE Q1 FY27 “India’s long-term steel outlook remains encouraging, supported by continued investments in infrastructure, railways, PERFORMANCE, SANJAY SHAH, EXECUTIVE housing, manufacturing and government-led capital expenditure. Steel manufacturers continue to expand capacity, while Y DIRECTOR, SAID improving macroeconomic conditions and investments in logistics and connectivity should further strengthen the domestic 1 steel value chain. We remain optimistic about the opportunities this creates across our core businesses. In our cored wire business, the momentum in order flows continued into Q1 FY27, with volumes growing 7% year-on-year. We continue to see strong customer engagement and remain confident in the long-term steel growth opportunity. Ferro titanium remains an area of particular strength, supported by our technical expertise and relatively A limited competition. Recent global supply disruptions have also highlighted the importance of reliable service, product quality and inventory availability, areas where we N continue to maintain an advantage through stringent quality standards and resilient supply capabilities. O Aluminium flipping coils remained subdued during the quarter, reflecting difficult market conditions and increasing constraints in aluminium scrap availability. The UAE’s June T 2026 ban on aluminium scrap exports, along with similar restrictions emerging across an increasing number of countries, is tightening global scrap availability as major E markets retain recycled metal for domestic consumption, while rising primary aluminium prices are further driving up scrap prices. We will continue to monitor these E developments closely and remain focused on commercial viability and disciplined operations. A The welding division continues to emerge as a key growth driver. Q1 FY27 revenue stood at ₹5.1 crore, with volumes growing 94% year-on-year to 458 tonnes, despite the seasonally weaker first quarter. Over the past year, we have sold more than 1,600 tonnes of flux-cored welding consumables, reflecting growing acceptance across fabrication and construction applications. Our expanding certifications and accreditations, including RDSO and BIS, are strengthening access to institutional and government opportunities. We remain focused on scaling this business towards our ₹25 crore annual sales target. In biotechnology, building on our earlier objective of integrating technology solutions with ethanol distilleries to improve fermentation efficiency and reduce operating costs, our field experience has reinforced the need for a measured approach. While the long-term potential remains significant, substantial capacity additions have resulted in under-utilisation of several plants in certain regions. We therefore remain disciplined in evaluating further investments and will pursue opportunities only where industry utilisation and commercial viability provide sufficient clarity. Our priority remains strengthening our core, cash-generating businesses while pursuing new opportunities with capital discipline and a focus on long-term value creation. TOPICS SLIDE NO. R FINANCIAL RESULTS 03 Y BUSINESS UPDATE 07 WELDING 08 BIOTECHNOLOGY 09 COMPANY BACKGROUND 10 FINANCIAL TRENDS 23 SUSTAINABILITY INITIATIVES 28 OVERVIEW Flux Core Arc Welding is a type of welding process using consumable INDIAN IMPORTS OF FLUX CORED WIRE electrode that contains flux around it IN MT Flux melts together with the electrode during the welding process and shields the joint Presently, India has little to none manufacturing capacity for this O product range A Its needs are met from imports, predominantly from China, thus E offering an import substitution opportunity E APPLICATIONS As a Welding consumable in various industries including Shipbuilding IN 1 1 1 R and Construction 1 9 2 A 9, 1, 6, E Usable on plain, carbon, alloy, stainless as well as duplex steel 9 7 2 7 3 4 5 2 Used for Hardfacing and Surfacing Mechanical Industries Y 2020 2021 2022 1 CURRENT PROJECT We achieved revenues of Rs 5.1 crore for Q1 FY27 – up 89% on a year- on-year basis. During the quarter, volumes grew by 94% year-on-year to ~14,500+ TPA STATUS 458 tonnes, with a price realization of Rs 1.12 lakh per tonne. 3Y AVERAGE IMPORT QUANTITY A dealer-led distribution model, now spans 10+ dealers across more T than five states, with rising repeat orders as the Company’s brands gain 1,200+ TPA D traction. We aim to achieve annual sales of Rs 25 crore in FY27. P INITIAL QUANTITY ANNOUNCED BY SML S Certifications and Accreditations (below) open access to major N institutional and Govt procurement opportunities. We have annual IS UPDATE ON U production capacity of 3,600 tons of flux-cored wire and manufacture 7 grades across 3 categories—carbon steel, stainless steel and hardfacing. WELDING BUSINESS WHAT IS Biotechnology is the branch of applied science that uses living organisms and their derivatives to produce products and N BIOTECHNOLOGY? processes. These products and processes feature in healthcare, IT medicine, biofuels, and environmental safety. T India’s BioEconomy crossed an estimated $92 billion in 2022 R and the policy makers and industry together have now set an S ambitious target of $150 Bn by 2025, and $300 Bn by 2030 N with a CAGR of ~17%. R This is possible by 2030 when the BioPharma sector [Showing first 8,000 characters — download PDF for full document]