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State Trading Corp

₹123.4 2.7 | 2.3%

Market Cap ₹740 Cr.

Stock P/E 14.5

P/B -0.1

Current Price ₹123.4

Book Value ₹ -915.5

Face Value 10

52W High ₹252

Dividend Yield 0%

52W Low ₹ 103

State Trading Corp Research see more...

Overview Inc. Year: 1956Industry: Trading

The State Trading Corporation of India Ltd is a holding business enterprise. The Company's segments encompass export, import and home. Its corporations include agro-commodities, treasured metals, mineral and metallic ores, coal and coke, fertilizers, counter change and offset, standard imports and ballistic items. It imports various kinds of mineral ores and concentrates. It is an importer of coal and coke, and has imported approximately 27.15 million metric tons of coal and coke. It has imported over 4 million tons of Urea. It substances Technical Grade Urea as an industrial chemical to diverse industries, which include actual customers, as well as Indian dealer. It supplies complex fertilizers, sulfur, rock phosphate and phosphoric acid to diverse fertilizer organizations. It imports various forms of system/devices, inclusive of clinical device, police/safety device, intelligence/surveillance equipment, laboratory system/instruments, tourism gadget, sports equipment and multimedia equipment.

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State Trading Corp Share Price

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Peer Comparison

State Trading Corp Quarterly Results

#(Fig in Cr.) Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
Net Sales 0 0 0 0 0 0 0 0 0 0
Other Income 21 20 26 18 25 25 27 40 30 27
Total Income 21 20 26 18 25 25 27 40 30 27
Total Expenditure 12 11 14 13 11 11 12 12 10 12
Operating Profit 8 9 12 5 14 14 15 28 20 15
Interest 0 0 2 0 0 0 2 0 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses -1 -0 1 0 4 0 1 0 -27 -0
Profit Before Tax 8 9 11 5 18 14 14 27 -7 14
Provision for Tax 0 0 4 0 0 -0 0 -0 0 13
Profit After Tax 8 9 7 5 18 14 14 27 -7 2
Adjustments 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments 8 9 7 5 18 14 14 27 -7 2
Adjusted Earnings Per Share 1.3 1.5 1.2 0.8 3 2.3 2.4 4.6 -1.2 0.3

State Trading Corp Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 15539 14494 10601 7814 10866 8903 2937 250 0 0 0 0
Other Income 225 260 271 273 307 110 78 58 86 86 96 124
Total Income 15764 14754 10872 8088 11173 9013 3015 307 86 86 96 124
Total Expenditure 15532 14541 10704 7918 10970 9026 3032 342 54 48 47 46
Operating Profit 232 212 169 170 203 -13 -17 -35 31 38 49 78
Interest 506 568 633 721 836 156 7 2 2 2 2 3
Depreciation 5 21 16 17 17 15 15 16 0 0 0 0
Exceptional Income / Expenses -565 -5 24 -144 30 -714 -74 3 -71 0 4 -26
Profit Before Tax -845 -381 -457 -712 -620 -899 -114 -50 -41 36 51 48
Provision for Tax -0 5 5 17 -4 -16 0 0 45 4 0 13
Profit After Tax -845 -386 -462 -729 -616 -883 -114 -50 -87 32 51 36
Adjustments 0 0 0 0 0 2 1 4 6 21 21 0
Profit After Adjustments -845 -386 -462 -729 -616 -881 -113 -47 -81 52 72 36
Adjusted Earnings Per Share -140.8 -64.4 -77 -121.4 -102.7 -147.2 -18.9 -7.8 -13.5 8.7 12 6.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% -100% -100% -100%
Operating Profit CAGR 29% 0% 0% -14%
PAT CAGR 59% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -10% 2% 25% -2%
ROE Average 0% 0% 0% 0%
ROCE Average 0% 0% 0% -5%

State Trading Corp Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds -2352 -1823 -2285 -3016 -3632 -4513 -4627 -4673 -4755 -4702 -4633
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 176 0 146 0 1185 0 0 0 0 0
Other Non-Current Liabilities 1183 1196 1168 1077 1076 1059 1060 1024 -13 -14 -16
Total Current Liabilities 4428 5053 5901 6005 7115 4990 6170 6115 7179 7171 7037
Total Liabilities 3259 4603 4785 4213 4560 2721 2604 2466 2411 2455 2387
Fixed Assets 69 964 950 934 605 904 887 574 0 0 0
Other Non-Current Assets 1095 1136 1117 1028 1351 1001 1034 1264 0 0 0
Total Current Assets 2095 2502 2717 2251 2604 817 683 628 2411 2455 2387
Total Assets 3259 4603 4785 4213 4560 2721 2604 2466 2411 2455 2387

State Trading Corp Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 255 45 2 9 7 21 518 244 192 195 215
Cash Flow from Operating Activities 161 24 -153 71 207 1371 -449 -194 5 -62 -22
Cash Flow from Investing Activities 16 26 29 33 36 27 376 143 7 81 95
Cash Flow from Financing Activities -385 -93 131 -106 -229 -901 -200 -2 0 0 0
Net Cash Inflow / Outflow -207 -43 7 -2 14 497 -273 -53 12 20 73
Closing Cash & Cash Equivalent 48 2 9 7 21 518 245 192 204 215 287

State Trading Corp Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) -140.79 -64.4 -77.04 -121.42 -102.7 -147.17 -18.87 -7.82 -13.54 8.74 12.03
CEPS(Rs) -139.91 -60.96 -74.33 -118.63 -99.92 -144.59 -16.42 -5.76 -14.47 5.3 8.51
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -392.03 -453.57 -528.48 -650.27 -752.97 -899.86 -918.52 -926.34 -939.88 -931.14 -919.11
Core EBITDA Margin(%) 0.05 -0.33 -0.97 -1.33 -0.96 -1.38 -3.25 -37.08 0 0 0
EBIT Margin(%) -2.18 1.29 1.66 0.11 1.99 -8.35 -3.63 -19.33 0 0 0
Pre Tax Margin(%) -5.44 -2.63 -4.32 -9.11 -5.7 -10.1 -3.88 -20.12 0 0 0
PAT Margin (%) -5.44 -2.67 -4.36 -9.32 -5.67 -9.92 -3.88 -20.19 0 0 0
Cash Profit Margin (%) -5.4 -2.52 -4.21 -9.11 -5.52 -9.74 -3.35 -13.83 0 0 0
ROA(%) -21.97 -9.83 -9.85 -16.19 -14.05 -24.25 -4.28 -1.99 -3.56 1.31 2.11
ROE(%) 0 0 0 0 0 0 0 0 0 0 0
ROCE(%) -51.9 0 0 0 0 0 0 0 0 0 0
Receivable days 50.01 55.32 87.22 111.02 72.79 48 18.14 225.99 0 0 0
Inventory Days 0.52 0.08 0.1 0.94 0.67 0.01 0.02 0.19 0 0 0
Payable days 13.53 13.7 23.48 19.23 6.6 8.26 23.96 262.13 0 0 0
PER(x) 0 0 0 0 0 0 0 0 0 7.83 10.32
Price/Book(x) -0.46 -0.32 -0.17 -0.24 -0.18 -0.15 -0.03 -0.08 -0.1 -0.07 -0.14
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.23 0.23 0.31 0.49 0.34 0.33 0.72 9.38 0 0 0
EV/Core EBITDA(x) 15.06 15.95 19.74 22.38 18.08 -221.84 -124.66 -66.91 80.48 63.14 51.64
Net Sales Growth(%) -18.85 -6.72 -26.86 -26.29 39.05 -18.06 -67.02 -91.49 -100 0 0
EBIT Growth(%) -282.11 155.2 -5.91 -94.93 2327.38 -443.56 85.64 54.75 18.35 196.24 40.34
PAT Growth(%) -203.68 54.26 -19.63 -57.61 15.42 -43.3 87.09 55.75 -72.16 136.6 60.67
EPS Growth(%) -203.68 54.26 -19.63 -57.61 15.42 -43.3 87.18 58.56 -73.18 164.5 37.72
Debt/Equity(x) -1.05 -0.93 -0.88 -0.73 -0.65 -0.41 -0.36 -0.36 -0.35 -0.36 -0.36
Current Ratio(x) 0.47 0.5 0.46 0.37 0.37 0.16 0.11 0.1 0.34 0.34 0.34
Quick Ratio(x) 0.47 0.49 0.46 0.37 0.37 0.16 0.11 0.1 0.34 0.34 0.34
Interest Cover(x) -0.67 0.33 0.28 0.01 0.26 -4.76 -14.68 -24.69 -19.67 19.54 27.48
Total Debt/Mcap(x) 2.27 2.87 5.2 2.99 3.62 2.68 10.69 4.46 3.41 4.84 2.66

State Trading Corp Shareholding Pattern

# Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Promoter 90 90 90 90 90 90 90 90 90 90
FII 0.01 0 0 0 0 0.06 0 0 0 0
DII 1.01 1.01 1.01 0.63 0.62 0.59 0.59 0.5 0.5 0.5
Public 8.98 8.99 8.99 9.37 9.38 9.36 9.41 9.49 9.5 9.5
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -0.1 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the last 3 years.
  • Earnings include an other income of Rs. 96 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.

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