Enhanced brand visibility through participation in infrastructure, steel and construction exhibitions/conferences while continuing focus on profitable and margin-accretive growth.
FY23
Commencement of Business
Launch of APL Apollo TMT Business
Launch of other downstream products like Agni, Strong
FY24
Repositioned SG Mart into a fast-growing B2B infrastructure and building materials platform.
Adopted the “One Mart, Infinite Possibilities” business strategy for scalable national growth.
Starting of Service Centre Business at Dujana, Raipur, Bangalore, Pune & Murbad
Expanded portfolio to 27+ product categories and 2,500+ SKUs.
Established presence across 4 core verticals – Steel Trading, Service Centres, Building Products and Infrastructure Solutions.
FY25
FY25 revenue crossed approximately ₹5,800 crore, delivering 100%+ YoY growth.
PAT increased by around 70% YoY supported by scale expansion and operational efficiencies.
Starting of subsidiary SG MART FZE in UAE; strengthened service centre operations with expanded slitting, cutting and profiling capabilities.
Entering in Renewable Energy Structure
Increased steel trading volumes across HR coils, CR products, billets, TMT bars and galvanized steel products.
Expanded building products portfolio across tiles, sanitaryware, paints, switches, electricals and wires.
Focused on low-inventory and fast-turnover operating model to improve working capital efficiency.
Enhanced supply chain integration and warehousing efficiencies for faster deliveries and better inventory management.
FY26
FY26 revenue crossed approximately ₹6,300 crore, with ₹137 Cr EBITDA.
Expanded portfolio with 7 operational service centres and 7,200+ SKUs (Target to add 5-7 service centres each year).
Registered customers increased to 2,470 and vendors to 452
Continued scaling of service centre and value-added steel processing infrastructure.
Launch of Apl Apollo Sunsteel
Increased focus on renewable solar structures and steel profiling products applications.
Enhanced brand visibility through participation in infrastructure, steel and construction exhibitions/conferences while continuing focus on profitable and margin-accretive growth.
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