State Trading Corporation of India
State Trading Corporation of India
ServicesKey Fundamentals
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Key Insights
Strengths
1- Company has reduced debt.
Weaknesses
2- Contingent liabilities of Rs.18,203 Cr.
- Earnings include an other income of Rs.706 Cr.
Growth Rate
Quarterly Results
| Particulars | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 13.65 | 13.09 | 10.92 | 10.69 | 12.41 | 11.76 | 10.05 | 12.47 | 13.74 | 12.95 | 10.3 | 10.13 | 11.71 |
| Operating Profit | -13.65 | -13.09 | -10.92 | -10.69 | -12.41 | -11.76 | -10.05 | -12.47 | -13.74 | -12.95 | -10.3 | -10.13 | -11.71 |
| Other Income | 27.06 | 18.54 | 28.93 | 24.56 | 28.81 | 39.69 | 3.1 | 27.23 | 27.89 | 23.25 | 632 | 24.85 | 25.64 |
| Interest | 1.94 | 0.48 | 0 | 0 | 1.94 | 0.48 | 0.53 | 0.47 | 0.52 | 0.48 | 0.47 | 0.54 | 0.54 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | 11.47 | 4.97 | 18.01 | 13.87 | 14.46 | 27.45 | -7.48 | 14.29 | 13.63 | 9.82 | 621 | 14.18 | 13.39 |
| Tax % | 36.79% | 1.01% | 0% | -0.72% | 2.07% | -0.04% | 0% | 88.8% | 76.82% | 0% | 1.52% | -16.71% | 27.04% |
| Net Profit | 7.25 | 4.92 | 18.01 | 13.98 | 14.16 | 27.45 | -7.48 | 1.61 | 3.16 | 9.82 | 612 | 16.55 | 9.77 |
| EPS in Rs | 1.21 | 0.82 | 3 | 2.33 | 2.36 | 4.58 | -1.25 | 0.27 | 0.53 | 1.64 | 102 | 2.76 | 1.63 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 14,494 | 10,601 | 7,814 | 10,866 | 8,903 | 2,937 | 250 | 0 | -1 | 0 | 0 | 0 |
| Expenses | 14,526 | 10,704 | 7,918 | 10,970 | 9,026 | 3,032 | 342 | 54 | 47 | 47 | 48 | 45 |
| Operating Profit | -32 | -103 | -104 | -104 | -123 | -95 | -93 | -54 | -48 | -47 | -48 | -45 |
| OPM % | -0.2% | -1% | -1.3% | -1% | -1.4% | -3.2% | -37% | — | — | — | — | — |
| Other Income | 239 | 294 | 129 | 334 | -605 | 4 | 60 | 15 | 85 | 100 | 98 | 706 |
| Interest | 568 | 633 | 721 | 836 | 156 | 7 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 21 | 16 | 17 | 17 | 15 | 16 | 16 | 0 | 0 | 0 | 0 | 0 |
| PBT | -381 | -457 | -712 | -623 | -899 | -114 | -50 | -41 | 36 | 51 | 48 | 659 |
| Tax % | 1% | 1% | 2% | -1% | -2% | 0% | 0% | 110% | 12% | 0% | 48% | 2% |
| Net Profit | -386 | -462 | -729 | -618 | -883 | -114 | -50 | -87 | 32 | 51 | 25 | 648 |
| EPS in Rs | -64.4 | -77.04 | -121 | -103 | -147 | -19 | -8.41 | -14.48 | 5.3 | 8.51 | 4.12 | 108 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | 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 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 | 60 |
| Reserves | -1,883 | -2,345 | -3,076 | -3,692 | -4,573 | -4,687 | -4,733 | -4,815 | -4,762 | -4,693 | -4,663 | -4,008 |
| Borrowings | 2,519 | 2,801 | 2,852 | 2,949 | 2,181 | 1,989 | 1,987 | 1,987 | 1,987 | 1,981 | 1,981 | 1,175 |
| Other Liabilities | 3,979 | 4,342 | 4,453 | 5,126 | 5,140 | 5,137 | 5,048 | 5,075 | 5,063 | 5,045 | 4,983 | 4,986 |
| Total Liabilities | 4,676 | 4,858 | 4,290 | 4,443 | 2,808 | 2,499 | 2,361 | 2,307 | 2,347 | 2,393 | 2,361 | 2,213 |
| Fixed Assets | 964 | 950 | 934 | 918 | 904 | 887 | 871 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 1 | 2 | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3,710 | 3,907 | 3,355 | 3,523 | 1,903 | 1,612 | 1,488 | 2,307 | 2,347 | 2,393 | 2,361 | 2,213 |
| Total Assets | 4,676 | 4,858 | 4,290 | 4,443 | 2,808 | 2,499 | 2,361 | 2,307 | 2,347 | 2,393 | 2,361 | 2,213 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 24 | -153 | 71 | 207 | 1,371 | -449 | -194 | 5 | -62 | -24 | -171 | 52 |
| Investing | 26 | 29 | 33 | 36 | 27 | 376 | 143 | 7 | 81 | 95 | 123 | -17 |
| Financing | -93 | 131 | -106 | -229 | -901 | -200 | -2 | 0 | 0 | -6 | 0 | -198 |
| Net Cash Flow | -43 | 7 | -2 | 14 | 497 | -273 | -53 | 12 | 20 | 66 | -48 | -163 |
| Free Cash Flow | 23 | -155 | 70 | 211 | 1,371 | -449 | -195 | 5 | -62 | -23 | -171 | 52 |
| CFO/OP | -100 | 140 | -73 | -191 | -1,130 | 476 | 209 | -9 | 130 | 95 | 366 | -130 |
Ratios
| Particulars | 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 | 61 | 91 | 99 | 75 | 5 | 21 | 202 | — | -5,65,729 | — | — | — |
| Inventory Days | 0 | 0 | 2 | 0 | 0 | 0 | 0 | — | -32 | — | — | — |
| Days Payable | 18 | 22 | 8 | 7 | 8 | 25 | 229 | — | — | — | — | — |
| Cash Conversion Cycle | 43 | 69 | 92 | 67 | -3 | -3 | -27 | — | -5,65,761 | — | — | — |
| Working Capital Days | -65 | -110 | -176 | -155 | -225 | -688 | -8,147 | — | -29,56,918 | — | — | — |
| ROCE % | 47% | 23% | 87% | — | — | — | — | — | — | — | — | — |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Documents
Frequently Asked Questions about State Trading Corporation of India
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Company Information
Incorporated in 1956, The State Trading Corporation of India Ltd is in the trading Business on behalf of Government/s or Private parties[1]
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