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Surat Trade&Min. share price

Surat Trade and Mercantile Ltd.

BSE: 530185 SECTOR: Textile - Manmade Fibres  64k   402   38

8.32
+0.05 (0.60%)
BSE: 14 Nov 04:01 PM

Price Summary

Today's High

₹ 8.48

Today's Low

₹ 8.26

52 Week High

₹ 13.9

52 Week Low

₹ 7.27

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

184.72 Cr.

Enterprise Value

183.82 Cr.

No. of Shares

22.2 Cr.

P/E

15.48

P/B

0.88

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  9.49

CASH

0.9 Cr.

DEBT

0 Cr.

Promoter Holding

68.45 %

EPS (TTM)

₹  0.54

Sales Growth

142.48%

ROE

4.52 %

ROCE

6.74%

Profit Growth

198.7 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year142.48%
3 Year∞%
5 Year-22.48%

Profit Growth

1 Year-85.46%
3 Year-14.44%
5 Year-5.67%

ROE%

1 Year4.52%
3 Year2.31%
5 Year2.63%

ROCE %

1 Year6.74%
3 Year3.08%
5 Year3.69%

Debt/Equity

0

Price to Cash Flow

-7.97

Interest Cover Ratio

270.454

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 68.45 0.00
Jun 2024 68.45 0.00
Mar 2024 68.45 0.00
Dec 2023 68.45 0.00
Sep 2023 68.45 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 256.723331486733% for the Past 3 years.
  • Company is virtually debt free.
  • Company’s PEG ratio is 0.0779369047223361.
  • The company has an efficient Cash Conversion Cycle of 83.0444 days.
  • Company has a healthy liquidity position with current ratio of 98.7068.
  • The company has a high promoter holding of 68.45%.

 Limitations

  • Company has a poor ROE of 2.31465166893552% over the past 3 years.
  • Company has a poor ROCE of 3.08097539877912% over the past 3 years
  • Company has negative cash flow from operations of -23.1892.
  • The company has a low EBITDA margin of -5.43960780196921% over the past 5 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 15.25 16.61 15.24 13.91 22.85
Total Expenditure 16.32 18.37 15.81 15.67 23.7
Operating Profit -1.07 -1.76 -0.57 -1.77 -0.85
Other Income 5.06 4.55 4.72 4.69 7.05
Interest 0 0 0 0.04 0.04
Depreciation 0.11 0.09 0.04 0.09 0.11
Exceptional Items 0 0 0 0 0
Profit Before Tax 3.88 2.69 4.11 2.79 6.05
Tax 1.13 0.85 1.53 0.88 0.44
Profit After Tax 2.75 1.84 2.58 1.91 5.6
Adjusted EPS (Rs) 0.12 0.08 0.12 0.09 0.25

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 180.28 0 0 24.98 60.56
Total Expenditure 173.18 4.68 5.83 30.44 66.18
Operating Profit 7.1 -4.68 -5.83 -5.46 -5.61
Other Income 4.92 4.72 6.47 9.65 19.46
Interest 0.77 0.16 0.06 0.03 0.05
Depreciation 0.46 0.29 0.36 0.41 0.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 10.79 -0.42 0.23 3.74 13.47
Tax 2.98 -0.21 -0.56 0.7 4.4
Net Profit 7.8 14.48 -4.33 62.42 9.07
Adjusted EPS (Rs.) 0.35 -0.01 0.04 0.14 0.41

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 22.21 22.21 22.21 22.21 22.21
Total Reserves 102.61 115.81 111.5 173.91 182.97
Borrowings 0 0 0 0 0
Other N/C liabilities 2.08 3.05 1.69 1.61 5.4
Current liabilities 7.8 2.26 5.2 0.88 1.02
Total Liabilities 134.7 143.32 140.6 198.61 211.6
Assets
Net Block 5.99 1.79 2.2 1.97 3.48
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 16.62 26.26 33.66 35.17 58.39
Loans & Advances 0.41 1.76 1.63 0.27 0.5
Other N/C Assets 28.84 28.84 42.74 48.86 48.78
Current Assets 82.86 84.68 60.37 112.35 100.45
Total Assets 134.7 143.32 140.6 198.61 211.6
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 10.79 -0.42 0.23 3.74 13.47
Adjustment -3.31 -4.14 -6.08 -9.22 -18.81
Changes in Assets & Liabilities -6.81 -2.56 -1.88 -0.03 -15.11
Tax Paid -2.02 -3.37 0.12 -0.7 -2.74
Operating Cash Flow -1.35 -10.49 -7.61 -6.21 -23.19
Investing Cash Flow 29.36 -29.74 -11.26 -55.24 23.67
Financing Cash Flow -13.53 -0.18 1 0.38 -0.23
Net Cash Flow 14.49 -40.41 -17.86 -61.07 0.25

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 68.45 68.45 68.45 68.45 68.45
alok p shah - - - - 40.25
palomar textiles ltd 2.95 2.95 2.95 2.95 2.95
suhail praful shah 9.75 9.75 9.75 9.75 25.25
alok praful shah 24.75 24.75 24.75 24.75 -
praful a shah 16.75 16.75 16.75 16.75 -
praful amichand shah (huf... 4.50 4.50 4.50 4.50 -
shilpa praful shah 9.75 9.75 9.75 9.75 -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 31.55 31.55 31.55 31.55 31.55
garden silk mills 2.72 2.72 2.50 2.50 2.50

Ratings & Research Reports

Company Presentations

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Company News

Surat Trade and Mercantile informs about disclosure 18 Sep, 3:04 PM Surat Trade and Mercantile informs about disclosure 18 Sep, 2:16 PM Surat Trade and Mercantile informs about disclosure 18 Sep, 2:08 PM Surat Trade and Mercantile informs about minutes of AGM 21 Aug, 5:33 PM Surat Trade&Min. - Quaterly Results 8 Aug, 1:23 PM Surat Trade&Min. - Quaterly Results 8 Aug, 1:23 PM Surat Trade&Min. - Quaterly Results 8 Aug, 1:23 PM Surat Trade and Mercantile informs about newspaper clippings 16 Jul, 10:54 AM Surat Trade and Mercantile informs about newspaper publication 8 Jul, 11:17 AM Surat Trade and Mercantile informs about loss of share certificate 4 Jun, 12:02 PM Surat Trade and Mercantile informs about newspaper advertisement 27 May, 12:20 PM Surat Trade&Min. - Quaterly Results 24 May, 2:51 PM Surat Trade&Min. - Quaterly Results 24 May, 2:51 PM Surat Trade&Min. - Quaterly Results 24 May, 2:51 PM Surat Trade and Mercantile informs about annual secretarial compliance report 21 May, 12:57 PM Surat Trade and Mercantile informs about board decision 22 Apr, 5:22 PM Surat Trade and Mercantile informs about declaration with respect to non-applicability of large corporate framework 10 Apr, 2:40 PM Surat Trade and Mercantile inform about compliance certificate 9 Apr, 10:36 AM Surat Trade and Mercantile informs about issuance of duplicate certificate 11 Mar, 12:18 PM Surat Trade and Mercantile informs about outcome of independent directors meet 19 Feb, 11:50 AM Surat Trade&Min. - Quaterly Results 13 Feb, 12:27 PM Surat Trade&Min. - Quaterly Results 13 Feb, 12:27 PM Surat Trade&Min. - Quaterly Results 13 Feb, 12:27 PM Surat Trade and Mercantile informs about issuance of duplicate certificate 1 Feb, 12:00 PM Surat Trade and Mercantile informs about compliance certificate 4 Jan, 3:24 PM Surat Trade and Mercantile informs about newspaper publication 8 Nov, 4:45 PM Surat Trade and Mercantile informs about board meeting 30 Oct, 12:33 PM Surat Textile Mills informs about minutes of 77th AGM 28 Aug, 12:53 PM Surat Textile Mills informs about newspaper clippings 14 Aug, 2:35 PM Surat Textile Mills submits postal ballot notice 14 Aug, 12:00 PM Surat Textile Mills informs about AGM 20 Jul, 3:14 PM Surat Textile Mills - Quaterly Results 24 May, 4:01 PM Surat Textile Mills - Quaterly Results 24 May, 4:01 PM Surat Textile Mills - Quaterly Results 24 May, 4:01 PM Surat Textile Mills informs about board meeting 15 May, 1:29 PM Surat Textile Mills informs about meeting updates 27 Mar, 4:14 PM Surat Textile Mills informs about disclosure 22 Mar, 4:29 PM Surat Textile Mills informs about press release 17 Feb, 2:58 PM Surat Textile Mills - Quaterly Results 14 Feb, 2:41 PM Surat Textile Mills informs about resignation of CS cum CO 1 Dec, 12:42 PM Surat Textile Mills inform about disclosure of related party transactions 22 Nov, 4:58 PM Surat Textile Mills - Quaterly Results 14 Nov, 4:17 PM Surat Textile Mills informs about disclosure 5 Mar, 3:08 PM Surat Textile Mills informs about disclosure 5 Mar, 11:34 AM Surat Textile Mills informs about newspaper publication 15 Feb, 4:37 PM Surat Textile Mills informs about disclosure 30 Nov, 12:58 PM Surat Textile Mills informs about change in directorate 29 Nov, 2:36 PM Surat Textile Mills informs about disclosure 8 Oct, 2:35 PM Surat Textile Mills informs about compliance certificate 4 Oct, 1:58 PM Surat Textile Mills informs about compliance certificate 6 Jul, 2:41 PM

Surat Trade&Min. Stock Price Analysis and Quick Research Report. Is Surat Trade&Min. an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Surat Trade&Min. stock price today is Rs 8.32. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Surat Trade&Min. . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Surat Trade&Min. has a PE ratio of 15.4848315652336 which is high and comparatively overvalued .

  • Share Price: - The current share price of Surat Trade&Min. is Rs 8.32. One can use valuation calculators of ticker to know if Surat Trade&Min. share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Surat Trade&Min. has ROA of 4.424 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Surat Trade&Min. has a Current ratio of 98.7068 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Surat Trade&Min. has a ROE of 4.5221 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Surat Trade&Min. has a Debt to Equity ratio of 0 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Surat Trade&Min. has reported revenue growth of 142.4798 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Surat Trade&Min. for the current financial year is -9.26759758733366 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Surat Trade&Min. is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Surat Trade&Min. is Rs 0.5373 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Surat Trade&Min. in Ticker for free. Also, one can get the intrinsic value of Surat Trade&Min. by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Surat Trade&Min.
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