Surat Trade & Merchantile Ltd
Incorporated in 1945, Surat Textile Mills Ltd is engaged in the business of trading in commodities and commodities related
activities.[1]
- Market Cap ₹ 104 Cr.
- Current Price ₹ 4.70
- High / Low ₹ 6.68 / 3.16
- Stock P/E 8.69
- Book Value ₹ 10.3
- Dividend Yield 0.00 %
- ROCE 6.32 %
- ROE 4.94 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Stock is trading at 0.46 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 3.02% over last 3 years.
- Earnings include an other income of Rs.14.1 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Other Textile Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 127 | 132 | 139 | 201 | 216 | 180 | 0 | 0 | 25 | 61 | 69 | 111 | 123 | |
| 124 | 126 | 126 | 187 | 208 | 173 | 5 | 5 | 30 | 66 | 74 | 110 | 122 | |
| Operating Profit | 3 | 6 | 13 | 14 | 9 | 7 | -5 | -5 | -5 | -6 | -5 | 1 | 2 |
| OPM % | 2.5% | 4.5% | 9% | 7% | 3.9% | 4.1% | -22% | -9% | -7% | 0.8% | 1.5% | ||
| 2 | 0 | 4 | 3 | 4 | 5 | 19 | 1 | 69 | 19 | 15 | 14 | 14 | |
| Interest | 1 | 1 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 4 | 5 | 15 | 15 | 11 | 11 | 14 | -5 | 63 | 13 | 9 | 14 | 15 |
| Tax % | 28% | -33% | -9% | 45% | -13% | 28% | -1% | -11% | 1% | 33% | -26% | 22% | |
| 3 | 6 | 17 | 8 | 12 | 8 | 14 | -4 | 62 | 9 | 12 | 11 | 12 | |
| EPS in Rs | 0.12 | 0.28 | 0.75 | 0.37 | 0.55 | 0.35 | 0.65 | -0.19 | 2.81 | 0.41 | 0.53 | 0.49 | 0.54 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | % |
| 3 Years: | 65% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 122% |
| 3 Years: | -44% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -12% |
| 3 Years: | -18% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 3% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 58 | 65 | 82 | 90 | 99 | 103 | 116 | 112 | 174 | 183 | 195 | 206 |
| 2 | 1 | 0 | 2 | 0 | 0 | 1 | 0 | 0 | 2 | 2 | 2 | |
| 17 | 15 | 15 | 26 | 21 | 10 | 5 | 6 | 2 | 5 | 2 | 3 | |
| Total Liabilities | 99 | 103 | 119 | 140 | 142 | 135 | 143 | 141 | 199 | 212 | 221 | 233 |
| 10 | 8 | 17 | 17 | 16 | 16 | 12 | 12 | 12 | 13 | 15 | 16 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 13 | 33 | 31 | 44 | 66 | 38 | 71 | 90 | 138 | 135 | 139 | 158 |
| 76 | 62 | 71 | 79 | 61 | 81 | 60 | 38 | 49 | 63 | 67 | 59 | |
| Total Assets | 99 | 103 | 119 | 140 | 142 | 135 | 143 | 141 | 199 | 212 | 221 | 233 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 20 | -0 | 27 | 5 | -1 | -10 | -8 | -6 | -23 | -9 | 18 | |
| 1 | -21 | 2 | -12 | -17 | 29 | -30 | -11 | -55 | 24 | 9 | -9 | |
| -5 | 1 | -1 | 0 | 2 | -14 | -0 | 1 | 0 | -0 | -0 | -0 | |
| Net Cash Flow | -2 | -0 | 1 | 16 | -11 | 14 | -40 | -18 | -61 | 0 | 0 | 8 |
| Free Cash Flow | 3 | 23 | 0 | 27 | 5 | -1 | -11 | -8 | -6 | -23 | -10 | 16 |
| CFO/OP | 178% | 377% | 16% | 218% | 78% | 9% | 152% | 143% | 101% | 365% | 189% | 2,102% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 32 | 4 | 20 | 2 | 7 | 7 | 0 | 0 | 0 | 0 | ||
| Inventory Days | 152 | 207 | 55 | 40 | 33 | 20 | 0 | 85 | 95 | 0 | ||
| Days Payable | 4 | 5 | 12 | 38 | 40 | 17 | 2 | 1 | ||||
| Cash Conversion Cycle | 180 | 207 | 64 | 4 | -0 | 9 | 0 | 83 | 94 | 0 | ||
| Working Capital Days | 129 | 119 | 49 | 4 | 7 | 22 | 120 | 129 | 139 | 214 | ||
| ROCE % | 4% | 6% | 14% | 14% | 10% | 9% | -0% | 0% | 2% | 5% | -1% | 6% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Investment in Mutual Funds Rs. Lakhs |
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| Number of Permanent Employees count |
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| Total Investment Portfolio Rs. Lakhs |
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| Number of Investment Holdings count |
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| Investment in Bonds Rs. Lakhs |
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| Polyester Chips Sales Volume MT |
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| Investment in Equity Shares Rs. Lakhs |
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| Investment in Alternative Investment Funds (AIFs) Rs. Lakhs |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publications for email registration by shareholders before the dispatch of notice of the 80th Annual General Meeting
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publications in respect of the following: 1. Unaudited Financial Results for the First Quarter Ended June 30, 2026 2. Special Window for re-lodgement of …
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- Board approved reappointment of Independent Director Deepak N. Shah for 5 years from August 11, 2027.
- Submission Of Documents Under Regulation 33 Of The SEBI (LODR) Regulations, 2015 For The First Quarter Ended June 30, 2026
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Wednesday, August 12, 2026
Ref: Compliance Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations')
- Q1 FY27 results approved; SEBI related-party non-compliance disclosed; AGM on 22 Sep 2026.
Annual reports
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
from bse
Business Overview:[1]
STML's core operations center on commodity trading, focusing on metals like silver and copper, alongside energy and agricultural goods. In FY25, the company expanded its trading volume and deployed additional funds into this segment in a phased manner.