State Trading Corporation of India Ltd (STCINDIA): Intrinsic Value & Share Price Analysis

Q: Is State Trading Corporation of India Ltd (STCINDIA) financially healthy?

Key indicators: ROCE of % is on the lower side. Dividend yield is 0.00 %.

Fair Value

₹1,128.00Undervalued by 995.15%vs CMP ₹103.00

P/E (13.9) × ROE (15.0%) × BV (₹663.00) × DY (2.00%)

Defaults: ROE=15%

₹2,072.80Undervalued by 1,912.43%vs CMP ₹103.00

MoS: +95% (Strong)Confidence: 55/100 (Moderate)Models: All 4: Undervalued

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹2,950.40	36%	Under (+2764.5%)
Graham Number	Earnings	₹1,263.04	27%	Under (+1126.3%)
DCF	Cash Flow	₹2,291.25	22%	Under (+2124.5%)
Earnings Yield	Earnings	₹1,069.40	15%	Under (+938.3%)
Consensus (4 models)		₹2,072.80	100%	Undervalued

Key Drivers: EPS CAGR 161.6% lifts DCF — verify sustainability.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 161.6% · Defaults: ROE=15%

*Investments are subject to market risks

Investment Snapshot

State Trading Corporation of India Ltd (STCINDIA) scores 53/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health38/100 · Weak

ROCE 0.0% WeakROE 0.0% WeakD/E -0.35 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 90.0% Stable

Earnings Quality50/100 · Moderate

OPM stable around 0% Steady

Quarterly Momentum70/100 · Strong

Profit (4Q): +1,683% YoY Strong

Industry Rank65/100 · Strong

P/E 13.9 vs industry 102.1 Cheaper than peers

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:48 am

Market Cap	619 Cr.
Current Price	103
Intrinsic Value	₹2,072.80
High / Low	168/97.0
Stock P/E	13.9
Book Value	663
Dividend Yield	0.00 %
ROCE	%
ROE	%
Face Value	10.0
PEG Ratio	0.09

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for State Trading Corporation of India Ltd (STCINDIA)

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
State Trading Corporation of India Ltd (STCINDIA)	619 Cr.	103	168/97.0	13.9	663	0.00 %	%	%	10.0
Oswal Agro Mills Ltd	543 Cr.	40.5	111/33.4	6.26	71.8	0.00 %	16.3 %	12.6 %	10.0
Hexa Tradex Ltd	877 Cr.	159	216/147		871	0.00 %	0.05 %	0.60 %	2.00
Candour Techtex Ltd	351 Cr.	144	165/68.0		22.1	0.00 %	6.53 %	2.18 %	10.0
Balgopal Commercial Ltd	322 Cr.	154	273/107		30.6	0.00 %	14.8 %	12.6 %	10.0
Industry Average	10,858.54 Cr	140.30		102.09	119.05	0.48%	15.22%	8.81%	7.62

All Competitor Stocks of State Trading Corporation of India Ltd (STCINDIA)

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	0	0	0	0	0	0	0	0	0	0	0	0	0
Expenses	11	14	13	11	11	12	12	10	12	14	13	10	10
Operating Profit	-11	-14	-13	-11	-11	-12	-12	-10	-12	-14	-13	-10	-10
OPM %
Other Income	20	27	19	29	25	29	40	3	27	28	23	632	25
Interest	0	2	0	0	0	2	0	1	0	1	0	0	1
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
Profit before tax	9	11	5	18	14	14	27	-7	14	14	10	621	14
Tax %	0%	37%	1%	0%	-1%	2%	-0%	0%	89%	77%	0%	2%	-17%
Net Profit	9	7	5	18	14	14	27	-7	2	3	10	612	17
EPS in Rs	1.48	1.21	0.82	3.00	2.33	2.36	4.58	-1.25	0.27	0.53	1.64	102.01	2.76

Last Updated: March 3, 2026, 2:14 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 4:16 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	15,539	14,494	10,601	7,814	10,866	8,903	2,937	250	0	-1	0	0	0
Expenses	15,516	14,526	10,704	7,918	10,970	9,026	3,032	342	54	47	47	48	47
Operating Profit	22	-32	-103	-104	-104	-123	-95	-93	-54	-48	-47	-48	-47
OPM %	0%	-0%	-1%	-1%	-1%	-1%	-3%	-37%
Other Income	-356	239	294	129	334	-605	4	60	15	85	100	98	708
Interest	506	568	633	721	836	156	7	2	2	2	2	2	2
Depreciation	5	21	16	17	17	15	16	16	0	0	0	0	0
Profit before tax	-845	-381	-457	-712	-623	-899	-114	-50	-41	36	51	48	659
Tax %	-0%	1%	1%	2%	-1%	-2%	0%	0%	110%	12%	0%	48%
Net Profit	-845	-386	-462	-729	-618	-883	-114	-50	-87	32	51	25	642
EPS in Rs	-140.79	-64.40	-77.04	-121.42	-103.00	-147.17	-19.00	-8.41	-14.48	5.30	8.51	4.12	106.94
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	54.32%	-19.69%	-57.79%	15.23%	-42.88%	87.09%	56.14%	-74.00%	136.78%	59.38%	-50.98%
Change in YoY Net Profit Growth (%)	0.00%	-74.01%	-38.10%	73.02%	-58.11%	129.97%	-30.95%	-130.14%	210.78%	-77.41%	-110.36%

State Trading Corporation of India Ltd (STCINDIA) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-94%

Compounded Profit Growth
10 Years:	8%
5 Years:	18%
3 Years:	42%
TTM:	54%

Stock Price CAGR
10 Years:	-2%
5 Years:	15%
3 Years:	9%
1 Year:	-38%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: September 5, 2025, 1:46 pm

Balance Sheet

Last Updated: January 7, 2026, 4:32 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00	60.00
Reserves	-2,412.17	-1,882.67	-2,344.90	-3,075.67	-3,691.86	-4,573.26	-4,686.50	-4,733.42	-4,814.68	-4,762.27	-4,693.26	-4,662.64
Borrowings	2,473.06	2,519.40	2,800.98	2,852.37	2,948.82	2,180.89	1,988.95	1,986.87	1,986.87	1,986.87	1,981.26	1,981.26
Other Liabilities	3,211.20	3,978.78	4,341.79	4,452.88	5,125.82	5,140.09	5,136.95	5,047.54	5,075.00	5,062.79	5,044.72	4,982.69
Total Liabilities	3,332.09	4,675.51	4,857.87	4,289.58	4,442.78	2,807.72	2,499.40	2,360.99	2,307.19	2,347.39	2,392.72	2,361.31
Fixed Assets	68.93	964.46	949.88	934.04	917.63	903.86	886.71	871.33	0.00	0.00	0.00	0.00
CWIP	0.86	0.39	0.48	0.98	2.10	0.37	0.45	1.83	0.00	0.00	0.00	0.00
Investments	0.33	0.24	0.04	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Other Assets	3,261.97	3,710.42	3,907.47	3,354.55	3,523.04	1,903.48	1,612.23	1,487.82	2,307.18	2,347.38	2,392.71	2,361.30
Total Assets	3,332.09	4,675.51	4,857.87	4,289.58	4,442.78	2,807.72	2,499.40	2,360.99	2,307.19	2,347.39	2,392.72	2,361.31

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	161	24	-153	71	207	1,371	-449	-194	5	-62	-24	-171
Cash from Investing Activity +	16	26	29	33	36	27	376	143	7	81	95	123
Cash from Financing Activity +	-385	-93	131	-106	-229	-901	-200	-2	0	0	-6	0
Net Cash Flow	-207	-43	7	-2	14	497	-273	-53	12	20	66	-48
Free Cash Flow	177	23	-155	70	211	1,371	-449	-195	5	-62	-23	-171
CFO/OP	720%	-100%	140%	-73%	-191%	-1,130%	476%	209%	-9%	130%	95%	366%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	20.00	-34.00	-105.00	-106.00	-106.00	-125.00	-96.00	-94.00	-55.00	-49.00	-48.00	-49.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2023	Mar 2024
Debtor Days	46.24	61.08	90.93	98.68	74.61	4.95	21.26	202.00	-565,728.84	-9,760,100.00
Inventory Days	0.02	0.14	0.01	1.86	0.01	0.01	0.03	0.06	-31.74	-456.25
Days Payable	7.25	18.44	22.35	8.22	7.29	7.64	24.73	228.67
Cash Conversion Cycle	39.02	42.78	68.60	92.32	67.33	-2.68	-3.44	-26.61	-565,760.58	-9,760,556.25
Working Capital Days	-56.31	-64.51	-110.07	-175.79	-154.98	-224.96	-440.97	-8,146.55	-2,956,917.90	-52,037,867.50
ROCE %	34.74%	46.53%	22.75%	86.72%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%	90.00%
FIIs	0.00%	0.00%	0.00%	0.00%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	1.01%	1.01%	0.63%	0.62%	0.59%	0.59%	0.50%	0.51%	0.51%	0.51%	0.51%	0.47%
Public	9.00%	8.99%	9.36%	9.39%	9.36%	9.42%	9.51%	9.50%	9.50%	9.48%	9.51%	9.54%
No. of Shareholders	22,001	21,711	21,681	22,081	23,411	23,985	26,520	26,997	26,408	26,542	26,243	25,847

Shareholding Pattern Chart

No. of Shareholders

State Trading Corporation of India Ltd (STCINDIA): Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	5.10	12.03	8.74	-13.54	-7.82
Diluted EPS (Rs.)	5.10	12.03	8.74	-13.54	-7.82
Cash EPS (Rs.)	4.12	8.51	5.30	-14.47	-5.76
Book Value[Excl.RevalReserv]/Share (Rs.)	-914.01	-919.11	-931.14	-939.88	-926.57
Book Value[Incl.RevalReserv]/Share (Rs.)	-767.11	-772.21	-783.71	-792.45	-778.90
Revenue From Operations / Share (Rs.)	0.00	0.00	0.00	0.00	41.63
PBDIT / Share (Rs.)	12.84	8.15	6.28	5.23	-5.84
PBIT / Share (Rs.)	12.84	8.15	6.28	5.23	-8.49
PBT / Share (Rs.)	7.98	8.55	6.00	-6.91	-8.38
Net Profit / Share (Rs.)	4.12	8.51	5.30	-14.47	-8.41
NP After MI And SOA / Share (Rs.)	4.12	8.51	5.30	-14.47	-8.41
PBDIT Margin (%)	0.00	0.00	0.00	0.00	-14.03
PBIT Margin (%)	0.00	0.00	0.00	0.00	-20.39
PBT Margin (%)	0.00	0.00	0.00	0.00	-20.11
Net Profit Margin (%)	0.00	0.00	0.00	0.00	-20.19
NP After MI And SOA Margin (%)	0.00	0.00	0.00	0.00	-20.19
Return on Networth / Equity (%)	-0.45	-0.92	-0.56	0.00	0.00
Return on Capital Employeed (%)	-1.67	-1.05	-0.80	-0.66	1.43
Return On Assets (%)	1.04	2.13	1.35	-3.76	-2.13
Total Debt / Equity (X)	-0.36	-0.35	-0.35	-0.35	-0.35
Asset Turnover Ratio (%)	0.00	0.00	0.00	0.00	0.10
Current Ratio (X)	0.33	0.33	0.33	0.32	0.07
Quick Ratio (X)	0.33	0.33	0.33	0.32	0.07
Interest Coverage Ratio (X)	38.31	25.25	19.44	16.18	-18.26
Interest Coverage Ratio (Post Tax) (X)	26.80	25.12	17.27	-7.22	-26.64
Enterprise Value (Cr.)	2706.04	2525.03	2380.80	2532.22	2344.15
EV / Net Operating Revenue (X)	0.00	0.00	0.00	0.00	9.38
EV / EBITDA (X)	35.11	51.64	63.14	80.64	-66.86
MarketCap / Net Operating Revenue (X)	0.00	0.00	0.00	0.00	1.78
Price / BV (X)	-0.13	-0.13	-0.07	-0.10	-0.08
Price / Net Operating Revenue (X)	0.00	0.00	0.00	0.00	1.78
EarningsYield	0.03	0.06	0.07	-0.14	-0.11

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

State Trading Corporation Of India Ltd. is a Public Limited Listed company incorporated on 31/12/1956 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1956GOI002674 and registration number is 002674. Currently company belongs to the Industry of Trading. Company's Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 60.00 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Trading & Distributors	Jawahar Vyapar Bhavan, Tolstoy Marg, New Delhi Delhi 110001	Contact not found

Management
Name	Position Held
Mr. Nitin Kumar Yadav	Chairman & Managing Director
Mrs. Anoopa Sankarankutty Nair	Director - Finance
Mr. AKM Kashyap	Part Time Official (Nominee) Director

FAQ

What is the intrinsic value of State Trading Corporation of India Ltd (STCINDIA) and is it undervalued?

As of 10 April 2026, State Trading Corporation of India Ltd (STCINDIA)'s intrinsic value is ₹2072.80, which is 1912.43% higher than the current market price of ₹103.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹663), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of State Trading Corporation of India Ltd (STCINDIA)?

State Trading Corporation of India Ltd (STCINDIA) is trading at ₹103.00 as of 10 April 2026, with a FY2026-2027 high of ₹168 and low of ₹97.0. The stock is currently near its 52-week low. Market cap stands at ₹619 Cr..

How does State Trading Corporation of India Ltd (STCINDIA)'s P/E ratio compare to its industry?

State Trading Corporation of India Ltd (STCINDIA) has a P/E ratio of 13.9, which is below the industry average of 102.09. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is State Trading Corporation of India Ltd (STCINDIA) financially healthy?

Key indicators for State Trading Corporation of India Ltd (STCINDIA): ROCE of % is on the lower side compared to the industry average of 15.22%; ROE of % is below ideal levels (industry average: 8.81%). Dividend yield is 0.00 %.

Is State Trading Corporation of India Ltd (STCINDIA) profitable and how is the profit trend?

State Trading Corporation of India Ltd (STCINDIA) reported a net profit of ₹25 Cr in Mar 2025. Compared to ₹-87 Cr in Mar 2022, the net profit shows an improving trend.

Does State Trading Corporation of India Ltd (STCINDIA) pay dividends?

State Trading Corporation of India Ltd (STCINDIA) has a dividend yield of 0.00 % at the current price of ₹103.00. The company is currently not paying meaningful dividends.