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Stratmont Industries Ltd Q1 FY26: Coke Trader Trying to Spark a Fire

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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
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