Sarthak Global: SEBI-Registered and Still Irrelevant? 📉🗃️

🧵 At a Glance

Sarthak Global is a microcap nobody asked for. They began with equity investing, pivoted to inter-corporate deposits, then decided to become a SEBI-registered Share Transfer Agent — just to stay alive. With ₹7 Cr revenue in FY25, ₹3 lakh annual profit, and a stock trading at 212x earnings, this might be India’s first publicly listed intern.

1. 🪝 Hook: Why Is This Company Even Listed?

Sarthak Global has a ₹6 Cr market cap, ₹3 lakh profit, and P/E of 212. Let that sink in.

This stock is like that cousin who keeps switching careers, and yet nobody has the heart to tell him, “Bro, get a real job.”

2. 🧪 WTF Do They Even Do?

Once upon a time:

• 💰 They did fund-based investing (read: punting stocks).
• 💸 Then got into short-term loans (ICDs, unsecured advances).
• 📋 Now they are a Registrar & Share Transfer Agent, handling physical shares and backend processes for small firms in Central India.

So they’re sort of a back-office for listed companies… in a world that has moved to CDSL.

Their revenue streams:

• Agency income for RTA work
• Some odd trading income in commodities
• Other income = 95% of PBT 😂

3. 💰 Financials Overview – Profit, Margins, ROE, Growth