1. At a Glance
Stratmont Industries – the company that trades coking coal and LAM coke like it’s Bitcoin, except slower and smokier. Market cap barely ₹234 Cr, but the stock trades at a P/E hotter than your chai (172x). Profits? Yes, but you’ll need a microscope.
2. Introduction with Hook
Imagine a matchstick trying to light a wet log—that’s Stratmont. They sell low ash metallurgical coke, a fancy term for coal that doesn’t give you black lung (as fast). Revenue jumped 39% YoY to ₹38.5 Cr in Q1, but net profit? A laughable ₹0.68 Cr. Margin tighter than your jeans post-Diwali.
3. Business Model (WTF Do They Even Do?)
Basically, Stratmont trades coking coal and manufactures LAM coke, which steelmakers love like kids love Maggi. They buy coal, tweak it a bit, and sell it at a markup. No secret sauce, just burning stuff and billing clients.
4. Financials Overview
- Q1 FY26 Revenue: ₹38.5 Cr