This leading player in the B2B construction material space is in focus after it successfully marked its entry into the renewable energy sector by launching the supply of solar module mounting structures, under the brand APL Apollo SunSteel.
With a market capitalisation of Rs. 4,607 Crore, the stock of SG Mart opened at Rs. 426.70, up 0.77 percent from yesterday’s close. The opening is also the day’s high for the stock. Additionally, the Yearly return for the stock is -15 percent, and the past 5-year return is an impressive 7,534 percent.
Order Update
SG Mart, a prominent B2B construction material company, has forayed into the renewable energy sector by launching solar module mounting structures under the brand APL Apollo SunSteel.
The company has already secured confirmed orders worth Rs. 266 crore (excluding GST) from multiple Independent Power Producers (IPPs), indicating strong market acceptance.
Leveraging its steel procurement strength and wide distribution network, SG Mart has begun supplying and is positioning itself to scale rapidly in this new segment. This strategic expansion aligns with its vision to diversify into high-growth, future-ready sectors.
About the Company
SG Mart Limited, formerly Kintech Renewables and part of the APL Apollo group, is a leading B2B platform for construction and infrastructure materials. Established in 1985 and based in Noida, the company operates strategically located warehouses in Pune, Bangalore, Dujana, and Raipur.
SG Mart offers an extensive product portfolio across categories such as TMT bars (including APL Apollo SG), mesh nets, binding wires, welding rods, steel tubes, tiles, sanitaryware, bath fittings, laminated surfaces, galvanized sheets, HR coils, industrial and domestic wiring, circuit protection switchgear, lighting, fans, switches, water heaters, home appliances, and more.
The company reported a 24.80 percent YoY increase in revenue from Rs. 1,278 Crore in Q4FY24 to Rs. 1,595 Crore in Q4FY25. On a QoQ basis, the company reported an increase of 19.47 percent in revenue from Rs. 1,335 Crore in the previous quarter.
Their Net profit saw a decrease of -2.94 percent YoY from Rs. 34 Crore to Rs. 33 Crore for the same period. On a QoQ basis, the company reported an increase of 17.85 percent in Net profit from Rs. 28 Crore in the previous quarter..
Written By Abhishek Das
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