---
title: "Exdon Trading Company Ltd (399458) — Share Price, Financials & Analysis"
symbol: "399458"
company: "Exdon Trading Company Ltd"
canonical: "https://tapetide.com/stocks/399458"
sector: "Financial Services"
industry: "Capital Markets"
generated_at: "2026-09-13T19:38:37.604Z"
---

# Exdon Trading Company Ltd (399458)

Canonical page: https://tapetide.com/stocks/399458

## Company

- **Sector:** Financial Services
- **Industry:** Capital Markets
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Exdon Trading Company is engaged in the business of Whole sale trade services - Waste and scrap.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Stock is trading at 31.5 times its book value
- The company has delivered a poor sales growth of -25.7% over past five years.
- Company has a low return on equity of 0.69% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 1,030 days.
- Working capital days have increased from 429 days to 808 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 104% | 9% | 27% |
| revenue growth | -48% | -33% | -26% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 18.72 | 2.73 | 6 | 1.01 | 3.58 | 0.14 | 18.72 | 0 | 5.78 | 0.25 | 4.11 | 1.51 |
| Expenses | 18.68 | 2.72 | 5.97 | 1.08 | 3.84 | 0.05 | 18.68 | 4.8 | 5.9 | 0.24 | 4.15 | 1.72 |
| Operating Profit | 0.04 | 0.01 | 0.03 | -0.07 | -0.26 | 0.09 | 0.04 | -4.8 | -0.12 | 0.01 | -0.04 | -0.21 |
| OPM % | 0.21 | 0.37 | 0.5 | -6.93 | -7.26 | 64.29 | 0.21 | — | -2.08 | 4 | -0.97 | -13.91 |
| Other Income | 0.21 | 0 | 0 | 0 | 1.16 | 0 | 0.21 | 0 | 0.53 | 0.14 | 0.02 | 0 |
| Interest | 0.01 | 0 | 0 | 0 | 0.29 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Depreciation | 0.06 | 0 | 0 | 0 | 0.12 | 0 | 0.06 | 0 | 0.11 | 0 | 0 | 0 |
| Profit before tax | 0.18 | 0.01 | 0.03 | -0.07 | 0.49 | 0.08 | 0.18 | -4.81 | 0.29 | 0.14 | -0.03 | -0.22 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.19 | 0.01 | 0.03 | -0.07 | 0.49 | 0.08 | 0.19 | -4.81 | 0.29 | 0.14 | -0.03 | -0.22 |
| EPS in Rs | 0.06 | 0 | 0.01 | -0.02 | 0.15 | 0.02 | 0.06 | -1.5 | 0.09 | 0.04 | -0.01 | -0.07 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.38 | 0 | 8.07 | 25.49 | 652.61 | 19.36 | 52.64 | 13.31 | 5.78 | 11.65 |
| Expenses | 0.44 | 0.02 | 8.06 | 25.66 | 652.72 | 19.41 | 52.69 | 13.68 | 6.05 | 12.01 |
| Operating Profit | -0.06 | -0.02 | 0.01 | -0.17 | -0.11 | -0.05 | -0.05 | -0.37 | -0.27 | -0.36 |
| OPM % | -15.79 | — | 0.12 | -0.67 | -0.02 | -0.26 | -0.09 | -2.78 | -4.67 | -3.09 |
| Other Income | 0 | 0 | 0 | 0.11 | 0.21 | 0.18 | 0.25 | 1.16 | -4.08 | 0.69 |
| Interest | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.01 | 0.29 | 0.03 | 0.04 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.06 | 0.12 | 0.11 | 0.11 |
| Profit before tax | -0.08 | -0.04 | -0.01 | -0.1 | 0.07 | 0.1 | 0.13 | 0.38 | -4.49 | 0.18 |
| Tax % | 0 | 0 | 0 | 0 | 28.57 | 0 | 0 | 0 | 2.67 | — |
| Net Profit | -0.09 | -0.05 | -0.01 | -0.1 | 0.05 | 0.1 | 0.14 | 0.38 | -4.61 | 0.18 |
| EPS in Rs | -0.03 | -0.02 | 0 | -0.03 | 0.02 | 0.03 | 0.04 | 0.12 | -1.44 | 0.05 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 32.05 | 32.05 | 32.05 | 32.05 | 32.05 | 32.05 | 32.05 | 32.05 | 32.05 | 32.05 |
| Reserves | -0.21 | -0.25 | -0.27 | -0.37 | -0.32 | -0.21 | -0.07 | 0.27 | -4.38 | -4.27 |
| Borrowings | 0 | 0 | 3 | 11.01 | 9.85 | 13.57 | 17.2 | 88.26 | 56.76 | 56.52 |
| Other Liabilities | 0.02 | 0.03 | 8.26 | 7.99 | 37.27 | 4.22 | 4.59 | 3.34 | 5.84 | 6.12 |
| Total Liabilities | 31.86 | 31.83 | 43.04 | 50.68 | 78.85 | 49.63 | 53.77 | 123.92 | 90.27 | 90.42 |
| Fixed Assets | 0.18 | 0.15 | 0.13 | 0.15 | 0.13 | 0.1 | 0.39 | 0.34 | 0.42 | 0.44 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 27.73 | 29.23 | 29.2 | 29.84 | 5.42 | 5.42 | 5.42 | 5.42 | 14.32 | 14.32 |
| Other Assets | 3.95 | 2.45 | 13.71 | 20.69 | 73.3 | 44.11 | 47.96 | 118.16 | 75.53 | 75.66 |
| Total Assets | 31.86 | 31.83 | 43.04 | 50.68 | 78.85 | 49.63 | 53.77 | 123.92 | 90.27 | 90.42 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -14.15 | 19.15 | -0.01 | -0.13 | 3.32 | -4.1 | -6.61 | -3.19 | -72.21 | 39.84 |
| Cash from Investing Activity | 6.91 | -19.17 | -1.5 | -2.88 | -11.29 | 5.44 | 0 | -0.29 | -0.07 | -8.98 |
| Cash from Financing Activity | 6.8 | 0.03 | 1.5 | 3 | 8.02 | -1.17 | 6.56 | 3.9 | 71.92 | -31.03 |
| Net Cash Flow | -0.44 | 0.02 | -0.01 | -0.01 | 0.05 | 0.18 | -0.05 | 0.42 | -0.36 | -0.17 |
| Free Cash Flow | -14.15 | 19.16 | -0.01 | -0.13 | 3.26 | -4.1 | -6.61 | -3.48 | -72.28 | 39.77 |
| CFO/OP | 28300 | -31917 | 50 | -1300 | -1953 | 3727 | 13220 | 6380 | 19516 | -14800 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 0 | — | 365 | 66.58 | 21.3 | 55.43 | 11.02 | 517.47 | 1029.96 |
| Inventory Days | — | — | — | 30.45 | 6 | 0.3 | 15.13 | 17.37 | 57.46 | 141.11 |
| Days Payable | — | — | — | 375 | 113.86 | 20.87 | 80.24 | 34.66 | 95.21 | 412.66 |
| Cash Conversion Cycle | — | 0 | — | 20.45 | -41.27 | 0.72 | -9.68 | -6.27 | 479.72 | 758.4 |
| Working Capital Days | — | 422.63 | — | 26.23 | -40.52 | 0.75 | -8.86 | -3.61 | 483.19 | 807.67 |
| ROCE % | -0.32 | -0.25 | -0.13 | -0.03 | -0.23 | 0.17 | 0.23 | 0.3 | 0.79 | 0.27 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Dec 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 1.46% | 1.46% | 1.46% | 0% | 0% | 0% | 0% | 0% |
| Public | 98.54% | 98.54% | 98.54% | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 1114 | 1073 | 1016 | 956 | 966 | 958 | 958 | 958 |

### Quarterly

| Category | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Public | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 966 | 964 | 964 | 962 | 958 | 958 | 958 | 958 | 958 | 958 | 958 | 958 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport//5120170313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport//5120170312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport//5120170311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport//5120170310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:38:37.604Z.