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Surat Trade and Mercantile Ltd (530185)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530185 NSE: Trading | Small Cap | Surat Trade & Merc. Share Price

₹5.02 -0.10 (-1.95%)

As on 25-Jun'26 16:59

Surat Trade and Mercantile Ltd (530185)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530185 NSE: Trading | Small Cap | Surat Trade & Merc. Share Price

₹5.02 -0.10 (-1.95%)

As on 25-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹111 Cr.
Current Price
₹5
52-Week Low / High
₹3 / 8
TTM EPS
₹0.5
TTM Sales
₹111 Cr.
Book Value per Share
₹10.3
P/E Ratio
10.15
Lower than its 5-year historical median
Industry PE
37.3
Price to Book (P/B)
0.49
Lower than its 5-year historical median
Price to Sales (P/S)
1.00
Lower than its 5-year historical median
EV/EBITDA
6.96
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
5.53%
Outperforms industry median
Return on Capital Employed (ROCE)
4.48%
Outperforms industry median
Return on Assets (ROA)
5.39%
Operating Profit Margin
-7.1%
Net Profit Margin
16.99%
Gross Profit Margin
14.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
13.34%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
28.56%
Asset Quality
Promoter Holding
68.45%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹206 Cr.
Equity
₹22.2 Cr.
Face Value
₹1
All Time Low / High
₹0.50 / 34.15

Surat Trade and Mercantile stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is Surat Trade and Mercantile Ltd a good quality company?
Surat Trade and Mercantile Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Surat Trade and Mercantile Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Surat Trade and Mercantile Ltd vs industry peers?
Surat Trade and Mercantile Ltd revenue CAGR is -17.56%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Surat Trade and Mercantile Ltd?
Promoters hold 68.45% of the Surat Trade and Mercantile Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Surat Trade and Mercantile Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 6.8% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Surat Trade and Mercantile Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 6.3%16.4%14.7%10.1%9.4%-0.2%0.2%2.3%6.7%4.5%-
Value Creation
Index
-0.60.20.1-0.3-0.3-1.0-1.0-0.8-0.5-0.7-

Growth Parameters

Sales 117139201216180002560.668.6111
Sales YoY Gr.-18.3%44.5%7.9%-16.7%-100%NANA142.4%13.3%-
Adj EPS 0.40.70.30.50.3-000.10.30.40.5
YoY Gr.-88.6%-51.5%65.6%-50.9%-103.9%NA266.7%190.9%9.4%-
BVPS (₹) 3.94.75.15.45.66.268.89.29.810.3
Adj Net
Profit
7.814.7711.75.8-0.20.82.57.17.911
Cash Flow from Ops. 20.2-0.226.65.2-1.4-10.5-7.6-6.2-23.2-8.7-
Debt/CF from Ops. 0.1-3.50.10000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -5.8%-17.6%NA13.3%
Adj EPS 0%6.1%126.8%9.4%
BVPS10.7%11.7%17.5%5.6%
Share Price 1.4% -8.9% -15.7% -24.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
9.415.56.510.14.7-0.20.61.53.63.74.9
Op. Profit
Mgn %
7.49.46.843.900-21.9-9.3-7.10.8
Net Profit
Mgn %
6.710.63.55.43.2001011.811.49.8
Debt to
Equity
00000000000
Working Cap
Days
1801411079610300595332341148
Cash Conv.
Cycle
139823322170044183145

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales11713920121618000256169
Operating Expenses + 11212618720817356306679
Manufacturing Costs141423242400000
Material Costs8610615617614100256067
Employee Cost 3232212222
Other Costs 103456344410
Operating Profit 5131387-5-6-5-6-11
Operating Profit Margin (%) 4.0%9.4%6.7%3.8%3.9%---21.9%-9.3%-15.7%
Other Income + 2434556101921
Exceptional Items 0000000000
Interest 1011100000
Depreciation 1100000001
Profit Before Tax 515151111-004139
Tax -2-17-13-0-114-2
Profit After Tax 6178128-013912
PAT Margin (%) 5.2%12.0%4.1%5.6%4.3%--12.2%15.0%17.0%
Adjusted EPS (₹)0.30.80.40.60.4-0.00.00.10.40.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Surat Trade & Merc. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 87104112121125138134196205217
Share Capital 22222222222222222222
Reserves 65829099103116112174183195
Debt +1020000000
Long Term Debt1000000000
Short Term Debt0020000000
Minority Interest0000000000
Trade Payables131619710000
Others Liabilities 11361357264
Total Liabilities 99111136141135143141199212221

Fixed Assets

Net Fixed Assets +8765622234
Gross Block139887844467
Accumulated Depreciation131111222233
CWIP 0000000000
Investments 33414466488190138135139
Inventories49161716810101418
Trade Receivables2814420000
Cash Equivalents 011663391111
Others Assets 8385145374046585859
Total Assets 99111136141135143141199212221

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 20-0275-1-10-8-6-23-9
PBT 515151111-004139
Adjustment 6-2-1-2-3-4-6-9-19-14
Changes in Working Capital 12-1216-3-7-3-2-0-15-5
Tax Paid -2-2-3-1-2-30-1-30
Cash Flow From Investing Activity + -212-12-1729-30-11-55249
Capex 3100-0-0-1-100-2
Net Investments -245-12-2327-32-13-43162
Others 0-405222-379
Cash Flow From Financing Activity + 1-102-14-010-0-0
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0-0-0-0000000
Interest Paid 1-0-1-1-1-0-0-0-0-0
Dividend Paid 0000000000
Others 0-023-13-010-0-0
Net Cash Flow -0116-1114-40-18-6100

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)7.3317.57.5810.436.35-0.160.581.844.525.53
ROCE (%)6.2816.3914.6610.099.4-0.20.212.296.744.48
Asset Turnover Ratio1.361.491.671.561.31000.150.30.32
PAT to CFO Conversion(x)3.33-03.380.42-0.13N/A-8-2-2.56-0.75
Working Capital Days
Receivable Days17.7010.907.804.307.6000000
Inventory Days125.5075.3029.3027.7023.7000084.7083.90
Payable Days55.405.4011.2016.90003.701.601.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Surat Trade and Mercantile Ltd FAQs

The current trading price of Surat Trade & Merc. on 25-Jun-2026 16:59 is ₹5.02.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Jun-2026 the market cap of Surat Trade & Merc. stood at ₹111.5 Cr

The latest P/E ratio of Surat Trade & Merc. as of 24-Jun-2026 is 10.15.

The latest P/B ratio of Surat Trade & Merc. as of 24-Jun-2026 is 0.49.

The 52-week high of Surat Trade & Merc. is ₹7.53 and the 52-week low is ₹3.16.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Surat Trade & Merc. is ₹111 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Surat Trade and Mercantile Ltd is a below average quality company.

The key valuation ratios of Surat Trade and Mercantile Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Surat Trade and Mercantile Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Surat Trade and Mercantile Ltd

Surat Textile Mills was incorporated in 1945. The registered office of the company is situated at Garden Mills Complex,Sahara Gate, Surat,Gujarat-395010.

Business area of the company

The company’s principal activity is to manufacture yarn and polyester chips.

Products of the company

  • Cotton yarn
  • Synthetic filament yarn
  • Polyester chips.

History

  • 2003- The company was ranked 491st in Business Barons- Global Data Services of India’s list of India’s 500 most outstanding companies.
  • 2003- The company had ranked 888th in the 12th Business Today list of India’s most valuable private sector companies.
  • 2004- The company had received a composite score of 11 out of a possible 15 in Industry 2.0’s SCM Metrics study.
  • 2005- The company had re-appointed MR Momaya as director of the company and also appointed MR Momaya as the managing director of the company for a period of 5 years.
  • 2007- S M Vig was reappointed as the director of the company.
  • 2008- The board for industrial and financial reconstruction (BIFR) has approved the draft rehabilitation scheme (DRS) forwarded by Industrial Development Bank of India (IDBI), the operating agency (OA).
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