SG Mart
SG Mart
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Milestones

A timeline of our growth, built on trust, innovation and scale.

  1. FY23

    • Commencement of Business
    • Launch of APL Apollo TMT Business
    • Launch of other downstream products like Agni, Strong
    APL Apollo Agni and Strong product facility with steel bars
  2. 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.
    Steel truss bridge representing infrastructure reach
  3. 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.
    Modern corporate headquarters building
  4. 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.
    • Conducted multiple dealer engagement initiatives, customer outreach programs and market awareness activities.
    • Enhanced brand visibility through participation in infrastructure, steel and construction exhibitions/conferences while continuing focus on profitable and margin-accretive growth.
    Industrial warehouse facility
Structure

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