Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
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
₹3.94 0.02 (0.51%)
As on 02-Nov'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
₹3.94 0.02 (0.51%)
As on 02-Nov'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹87 Cr.
Current Price
₹3.9
52-Week Low / High
₹3 / 6
TTM EPS
₹0.5
TTM Sales
₹123 Cr.
Book Value per Share
₹10.7
P/E Ratio
7.28
Lower than its 5-year historical median
Industry PE
42
Price to Book (P/B)
0.37
Lower than its 5-year historical median
Price to Sales (P/S)
0.71
Lower than its 5-year historical median
EV/EBITDA
4.92
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
4.94%
Outperforms industry median
Return on Capital Employed (ROCE)
6.36%
Outperforms industry median
Return on Assets (ROA)
4.84%
Outperforms industry median
Operating Profit Margin
0.8%
Underperforms industry median
Net Profit Margin
9.86%
Outperforms industry median
Gross Profit Margin
13.1%
Outperforms industry median
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
62.22%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-5.83%
Asset Quality
Promoter Holding
68.45%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹215 Cr.
Equity
₹22.2 Cr.
Face Value
₹1
All Time Low / High
₹0.50 / 34.15
Check Before You Invest
M-Cap below 100cr DeciZen not available
Is Surat Trade and Mercantile Ltd a good quality company?
Surat Trade and Mercantile Ltd is a quality company, based on a 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?
Revenue growth of Surat Trade and Mercantile Ltd vs industry peers?
Surat Trade and Mercantile Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
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.
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 -1.3% 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 endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 16.4% | 14.7% | 10.1% | 9.4% | -0.2% | 0.2% | 2.3% | 6.7% | 4.5% | 6.4% | - |
| Value Creation Index ⓘ | 0.2 | 0.1 | -0.3 | -0.3 | -1.0 | -1.0 | -0.8 | -0.5 | -0.7 | -0.6 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 139 | 201 | 216 | 180 | 0 | 0 | 25 | 60.6 | 68.6 | 111 | 123 |
| Sales YoY Gr. | - | 44.5% | 7.9% | -16.7% | -100% | NA | NA | 142.4% | 13.3% | 62.2% | - |
| Adj EPS ⓘ | 0.7 | 0.3 | 0.5 | 0.3 | -0 | 0 | 0.1 | 0.3 | 0.4 | 0.4 | 0.5 |
| YoY Gr. | - | -51.5% | 65.6% | -50.9% | -103.9% | NA | 266.7% | 190.9% | 9.4% | 5.7% | - |
| BVPS (₹) ⓘ | 4.7 | 5.1 | 5.4 | 5.6 | 6.2 | 6 | 8.8 | 9.2 | 9.8 | 10.3 | 10.7 |
| Adj Net Profit ⓘ | 14.7 | 7 | 11.7 | 5.8 | -0.2 | 0.8 | 2.5 | 7.1 | 7.9 | 8.2 | 12 |
| Cash Flow from Ops. ⓘ | -0.2 | 26.6 | 5.2 | -1.4 | -10.5 | -7.6 | -6.2 | -23.2 | -8.7 | 17.6 | - |
| Debt/CF from Ops. ⓘ | -3.5 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -2.4% | NA | 64.6% | 62.2% | ||||
| Adj EPS ⓘ | -6.2% | NA | 49.8% | 5.7% | ||||
| BVPSⓘ | 9.1% | 10.5% | 5.1% | 5.1% | ||||
| Share Price | -1.3% | -15.8% | -23.3% | -34.4% | ||||
Key Financial Parameters ⓘ
| Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 15.5 | 6.5 | 10.1 | 4.7 | -0.2 | 0.6 | 1.5 | 3.6 | 3.7 | 3.7 | 5.2 |
| Op. Profit Mgn % ⓘ | 9.4 | 6.8 | 4 | 3.9 | 0 | 0 | -21.9 | -9.3 | -7.1 | 0.8 | 1.5 |
| Net Profit Mgn % ⓘ | 10.6 | 3.5 | 5.4 | 3.2 | 0 | 0 | 10 | 11.8 | 11.4 | 7.3 | 9.7 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 141 | 107 | 96 | 103 | 0 | 0 | 595 | 332 | 341 | 190 | 148 |
| Cash Conv. Cycle ⓘ | 82 | 33 | 22 | 17 | 0 | 0 | 4 | 41 | 83 | 28 | 145 |
Valuation of Surat Trade & Merc. - Standalone
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 138.72 | 200.51 | 216.28 | 180.28 | 0 | 0 | 24.98 | 60.56 | 68.64 | 111.35 |
| Operating Expenses ⓘ + | 125.72 | 187.01 | 208.17 | 173.18 | 4.68 | 5.83 | 30.44 | 66.18 | 79.39 | 111.64 |
| Operating Profit ⓘ | 13 | 13.50 | 8.11 | 7.10 | -4.68 | -5.83 | -5.46 | -5.61 | -10.75 | -0.30 |
| Operating Profit Margin (%) | 9.4% | 6.7% | 3.8% | 3.9% | - | - | -21.9% | -9.3% | -15.7% | -0.3% |
| Other Income ⓘ + | 3.56 | 3 | 4.07 | 4.92 | 4.72 | 6.47 | 9.65 | 19.46 | 20.71 | 15.02 |
| Interest ⓘ | 0.38 | 1.04 | 1.09 | 0.77 | 0.16 | 0.06 | 0.03 | 0.05 | 0.16 | 0.15 |
| Depreciation ⓘ | 0.79 | 0.50 | 0.35 | 0.46 | 0.29 | 0.36 | 0.41 | 0.32 | 0.52 | 0.57 |
| Profit Before Tax ⓘ | 15.38 | 14.97 | 10.74 | 10.79 | -0.42 | 0.23 | 3.74 | 13.47 | 9.29 | 13.99 |
| Tax ⓘ | -1.31 | 6.78 | -1.40 | 2.98 | -0.21 | -0.56 | 0.70 | 4.40 | -2.37 | 3.02 |
| Profit After Tax | 16.69 | 8.19 | 12.15 | 7.80 | -0.21 | 0.79 | 3.04 | 9.07 | 11.66 | 10.98 |
| PAT Margin (%) | 12.0% | 4.1% | 5.6% | 4.3% | - | - | 12.2% | 15.0% | 17.0% | 9.9% |
| Adjusted EPS (₹) | 0.8 | 0.4 | 0.6 | 0.4 | -0.0 | 0.0 | 0.1 | 0.4 | 0.5 | 0.5 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 103.99 | 112.06 | 120.91 | 124.82 | 138.01 | 133.71 | 196.12 | 205.18 | 216.83 | 227.77 | |
| Debt + | 0.22 | 1.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Trade Payables | 3.39 | 16.26 | 19.18 | 6.61 | 0.52 | 0.30 | 0.20 | 0.34 | 0.22 | 0.23 | |
| Others Liabilities ⓘ | 3.25 | 6.48 | 0.91 | 3.28 | 4.79 | 6.60 | 2.29 | 6.08 | 3.87 | 4.59 | |
| Total Liabilities ⓘ | 110.85 | 136.31 | 140.99 | 134.70 | 143.32 | 140.60 | 198.61 | 211.60 | 220.92 | 232.59 | |
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 6.90 | 6.41 | 5.38 | 5.99 | 1.79 | 2.20 | 1.97 | 3.48 | 4.15 | 5.77 | |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Investments ⓘ | 41.02 | 44.28 | 65.60 | 47.81 | 81.32 | 89.98 | 137.79 | 135.49 | 139 | 158.19 | |
| Inventories | 15.98 | 17.04 | 15.84 | 7.52 | 9.61 | 0.96 | 0 | 14.05 | 17.50 | 0 | |
| Trade Receivables | 7.72 | 1.08 | 4 | 3.51 | 1.89 | 0 | 0 | 0 | 0 | 0 | |
| Cash Equivalents | 0.84 | 16.42 | 5.68 | 33.19 | 8.66 | 1.39 | 0.65 | 0.90 | 1.01 | 8.97 | |
| Others Assets ⓘ | 38.39 | 51.10 | 44.50 | 36.69 | 40.05 | 46.06 | 58.20 | 57.68 | 59.26 | 59.66 | |
| Total Assets ⓘ | 110.85 | 136.31 | 140.99 | 134.70 | 143.32 | 140.60 | 198.61 | 211.60 | 220.92 | 232.59 | |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | -0.15 | 26.60 | 5.17 | -1.35 | -10.49 | -7.61 | -6.21 | -23.19 | -8.72 | 17.64 |
| Cash Flow From Investing Activity ⓘ + | 1.64 | -11.50 | -17.45 | 29.36 | -29.74 | -11.26 | -55.24 | 23.67 | 9.25 | -9.27 |
| Cash Flow From Financing Activity ⓘ + | -0.77 | 0.48 | 1.52 | -13.53 | -0.18 | 1 | 0.38 | -0.23 | -0.42 | -0.40 |
| Net Cash Flow ⓘ | 0.72 | 15.58 | -10.76 | 14.49 | -40.41 | -17.86 | -61.07 | 0.25 | 0.11 | 7.96 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 17.5 | 7.58 | 10.43 | 6.35 | -0.16 | 0.58 | 1.84 | 4.52 | 5.53 | 4.94 |
| ROCE (%) | 16.39 | 14.66 | 10.09 | 9.4 | -0.2 | 0.21 | 2.29 | 6.74 | 4.48 | 6.36 |
| Asset Turnover Ratio | 1.49 | 1.67 | 1.56 | 1.31 | 0 | 0 | 0.15 | 0.3 | 0.32 | 0.49 |
| PAT to CFO Conversion(x) | -0.01 | 3.25 | 0.43 | -0.17 | N/A | -9.63 | -2.04 | -2.56 | -0.75 | 1.61 |
| Working Capital Days | ||||||||||
| Receivable Days | 10.90 | 7.80 | 4.30 | 7.60 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 75.30 | 29.30 | 27.70 | 23.70 | 0 | 0 | 0 | 84.70 | 83.90 | 0 |
| Payable Days | 5.40 | 5.40 | 11.20 | 16.90 | 0 | 0 | 3.70 | 1.60 | 1.50 | 0.80 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Annual reports
No annual reports available.
Concalls
No concalls available.
Surat Trade and Mercantile Ltd FAQs
The current trading price of Surat Trade & Merc. on 02-Nov-2026 16:59 is ₹3.94.
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 01-Nov-2026 the market cap of Surat Trade & Merc. stood at ₹87.48 Cr
The latest P/E ratio of Surat Trade & Merc. as of 01-Nov-2026 is 7.28.
The latest P/B ratio of Surat Trade & Merc. as of 01-Nov-2026 is 0.37.
The 52-week high of Surat Trade & Merc. is ₹6.14 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 ₹123 ( 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 Somewhat Undervalued 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).
You have 4 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now