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Surat Trade&Min. share price

Surat Trade and Mercantile Ltd.

BSE: 530185 SECTOR: Textile - Manmade Fibres  60k   399   36

10.23
+0.05 (0.49%)
BSE: Today, 11:54 AM

Price Summary

Today's High

₹ 10.35

Today's Low

₹ 10.07

52 Week High

₹ 13.9

52 Week Low

₹ 7

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

227.13 Cr.

Enterprise Value

226.49 Cr.

No. of Shares

22.2 Cr.

P/E

35.06

P/B

1.12

Face Value

₹ 1

Div. Yield

0 %

Book Value (TTM)

₹  9.16

CASH

0.65 Cr.

DEBT

0 Cr.

Promoter Holding

68.45 %

EPS (TTM)

₹  0.29

Sales Growth

0%

ROE

1.84 %

ROCE

2.29%

Profit Growth

285.59 %

* 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

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year∞%
3 Year-48.02%
5 Year-33.89%

Profit Growth

1 Year1542.83%
3 Year99.99%
5 Year50.13%

ROE%

1 Year1.84%
3 Year0.75%
5 Year3.81%

ROCE %

1 Year2.29%
3 Year0.77%
5 Year4.36%

Debt/Equity

0

Price to Cash Flow

-36.59

Interest Cover Ratio

109.14450867052

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 68.45 0
Dec 2023 68.45 0
Sep 2023 68.45 0
Jun 2023 68.45 0
Mar 2023 68.45 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company’s PEG ratio is 0.122859644362831.
  • The company has an efficient Cash Conversion Cycle of -3.65658406072566 days.
  • Company has a healthy liquidity position with current ratio of 114.910867329448.
  • The company has a high promoter holding of 68.45%.

 Limitations

  • The company has shown a poor profit growth of -26.9829895375479% for the Past 3 years.
  • The company has shown a poor revenue growth of -48.0234039061421% for the Past 3 years.
  • Company has a poor ROE of 0.754250341130507% over the past 3 years.
  • Company has a poor ROCE of 0.76894757415964% over the past 3 years
  • Company has negative cash flow from operations of -6.2083.
  • The company has a low EBITDA margin of -2.51184635203926% over the past 5 years.
  • The company is trading at a high PE of 35.06.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 12.6 12.71 13.62 16.61 15.24
Total Expenditure 13.65 14.21 16.32 18.37 15.81
Operating Profit -1.04 -1.5 -2.7 -1.76 -0.57
Other Income 3.12 2.26 6.69 4.55 4.72
Interest 0.01 0.01 0 0 0
Depreciation 0.11 0.11 0.11 0.09 0.04
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.96 0.66 3.88 2.69 4.11
Tax 0.34 1.34 1.13 0.85 1.53
Profit After Tax 1.63 -0.68 2.75 1.84 2.58
Adjusted EPS (Rs) 0.07 -0.03 0.12 0.08 0.12

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 216.28 180.28 0 0 25.31
Total Expenditure 208.17 173.18 4.68 5.83 30.44
Operating Profit 8.11 7.1 -4.68 -5.83 -5.13
Other Income 4.07 4.92 4.72 6.47 9.32
Interest 1.09 0.77 0.16 0.06 0.03
Depreciation 0.35 0.46 0.29 0.36 0.41
Exceptional Items 0 0 0 0 0
Profit Before Tax 10.74 10.79 -0.42 0.23 3.74
Tax -1.4 2.98 -0.21 -0.56 0.7
Net Profit 12.15 7.8 14.48 -4.33 62.42
Adjusted EPS (Rs.) 0.55 0.35 -0.01 0.04 0.14

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 22.21 22.21 22.21 22.21 22.21
Total Reserves 98.7 102.61 115.81 111.5 173.91
Borrowings 0 0 0 0 0
Other N/C liabilities -0.42 2.08 3.05 1.69 1.61
Current liabilities 20.51 7.8 2.26 5.2 0.88
Total Liabilities 140.99 134.7 143.32 140.6 198.61
Assets
Net Block 5.38 5.99 1.79 2.2 1.97
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 15 16.62 26.26 33.66 46.95
Loans & Advances 0.48 0.41 1.76 1.63 0.27
Other N/C Assets 28.84 28.84 28.84 42.74 48.86
Current Assets 91.3 82.86 84.68 60.37 100.56
Total Assets 140.99 134.7 143.32 140.6 198.61
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 10.75 10.79 -0.42 0.23 3.74
Adjustment -1.54 -3.31 -4.14 -6.08 -9.22
Changes in Assets & Liabilities -2.56 -6.81 -2.56 -1.88 -0.03
Tax Paid -1.47 -2.02 -3.37 0.12 -0.7
Operating Cash Flow 5.17 -1.35 -10.49 -7.61 -6.21
Investing Cash Flow -17.45 29.36 -29.74 -11.26 -55.24
Financing Cash Flow 1.52 -13.53 -0.18 1 0.38
Net Cash Flow -10.76 14.49 -40.41 -17.86 -61.07

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 68.45 68.45 68.45 68.45 68.45
alok praful shah - 24.75 24.75 24.75 24.75
palomar textiles ltd 2.95 2.95 2.95 2.95 2.95
praful a shah 16.75 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 9.75
suhail praful shah 9.75 9.75 9.75 9.75 9.75
alok p shah 24.75 - - - -
praful amichand shah ... 4.50 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 31.55 31.55 31.55 31.55 31.55
garden silk mills 2.74 2.72 2.72 2.72 2.50

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Surat Trade and Mercantile informs about board decision22 Apr 2024, 5:22PM Surat Trade and Mercantile informs about declaration with respect to non-applicability of large corporate framework10 Apr 2024, 2:40PM Surat Trade and Mercantile inform about compliance certificate9 Apr 2024, 10:36AM Surat Trade and Mercantile informs about issuance of duplicate certificate11 Mar 2024, 12:18PM Surat Trade and Mercantile informs about outcome of independent directors meet19 Feb 2024, 11:50AM Surat Trade&Min. - Quaterly Results13 Feb 2024, 12:27PM Surat Trade&Min. - Quaterly Results13 Feb 2024, 12:27PM Surat Trade&Min. - Quaterly Results13 Feb 2024, 12:27PM Surat Trade and Mercantile informs about issuance of duplicate certificate1 Feb 2024, 12:00PM Surat Trade and Mercantile informs about compliance certificate4 Jan 2024, 3:24PM Surat Trade and Mercantile informs about newspaper publication8 Nov 2023, 4:45PM Surat Trade and Mercantile informs about board meeting 30 Oct 2023, 12:33PM Surat Textile Mills informs about minutes of 77th AGM28 Aug 2023, 12:53PM Surat Textile Mills informs about newspaper clippings14 Aug 2023, 2:35PM Surat Textile Mills submits postal ballot notice 14 Aug 2023, 12:00PM Surat Textile Mills informs about AGM20 Jul 2023, 3:14PM Surat Textile Mills - Quaterly Results24 May 2023, 4:01PM Surat Textile Mills - Quaterly Results24 May 2023, 4:01PM Surat Textile Mills - Quaterly Results24 May 2023, 4:01PM Surat Textile Mills informs about board meeting15 May 2023, 1:29PM Surat Textile Mills informs about meeting updates27 Mar 2023, 4:14PM Surat Textile Mills informs about disclosure22 Mar 2023, 4:29PM Surat Textile Mills informs about press release17 Feb 2023, 2:58PM Surat Textile Mills - Quaterly Results14 Feb 2023, 2:41PM Surat Textile Mills informs about resignation of CS cum CO1 Dec 2022, 12:42PM Surat Textile Mills inform about disclosure of related party transactions22 Nov 2022, 4:58PM Surat Textile Mills - Quaterly Results14 Nov 2022, 4:17PM Surat Textile Mills informs about disclosure5 Mar 2022, 3:08PM Surat Textile Mills informs about disclosure5 Mar 2022, 11:34AM Surat Textile Mills informs about newspaper publication15 Feb 2022, 4:37PM Surat Textile Mills informs about disclosure30 Nov 2021, 12:58PM Surat Textile Mills informs about change in directorate29 Nov 2021, 2:36PM Surat Textile Mills informs about disclosure8 Oct 2021, 2:35PM Surat Textile Mills informs about compliance certificate4 Oct 2021, 1:58PM Surat Textile Mills informs about compliance certificate6 Jul 2021, 2:41PM Surat Textile Mills informs about closure of trading window1 Jul 2021, 4:54PM Surat Textile Mills informs about compliance certificate23 Apr 2021, 3:17PM Surat Textile Mills informs about certificate6 Jan 2021, 11:25AM Surat Textile Mills informs about closure of trading window4 Jan 2021, 11:00AM Surat Textile Mills informs about compliance certificate12 Oct 2020, 3:08PM Surat Textile Mills informs about disclosure 27 Jul 2020, 3:49PM Surat Textile Mills informs about newspaper publication3 Jul 2020, 3:27PM Surat Textile Mills informs about disclosure21 May 2020, 3:28PM

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 35.0582590815627 which is high and comparatively overvalued .

  • Share Price: - The current share price of Surat Trade&Min. is Rs 10.23. 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 1.79104336810726 % 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 114.910867329448 .

  • 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 1.84200712499053 % .(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 D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Surat Trade&Min. has an Inventory turnover ratio of 0 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Surat Trade&Min. has reported revenue growth of 0 % which is poor 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 -20.2481689539927 %.

  • 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 %.

Last Updated on:
Brief about Surat Trade&Min.
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