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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The State Trading Corporation of India Limited is an international trading company. The Company is engaged in trading bulk agro products, such as rice, wheat, castor oils, sugar, and edible oils. Its segments include Export, Import, and Domestic. It has also diversified into…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, fast-growing business, fairly priced — but flagged on governance.
The State Trading Corporation is scored on the general / industrial framework. Cash conversion lags the reported profit (CFO/PAT -0.26×) — worth a closer look. Free cash flow is worth about -7.7% of its market value.
Over the last 3 years revenue compounded at 4%/yr and profit at 173%/yr. Return on equity is a weak -1.2%. In the latest quarter profit fell 41% versus the prior quarter.
At 20× earnings, the stock sits at the 59th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-45%/yr growth over a decade — undemanding expectations. The forensic screen raises 2 red flags: Only ₹-0.33 of cash per ₹1 profit over 4 years — earnings not converting to cash; 261% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 0.97 | — | — |
| P/B | 0 | 3.37 | better |
| EV/EBITDA | 2.73 | — | — |
| ROE | -1.22 | 24.99 | worse |
| ROCE | -1.84 | 4.19 | worse |
| ROA | 29.29 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Adani Enterprises | 69.6 | 3.8 | 3.7% |
| Aegis Logistics | 25.8 | 6.0 | 20.0% |
| Premier Energies | 22.8 | 7.8 | 34.2% |
Revenue is on a 2-year growth streak. 4% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
Profit is growing faster than revenue (173% vs 4%) — margin expansion is at work. The latest year saw a +2519% swing — check if it's a one-off or structural.
Operating margin has compressed from 42% to 38% — costs or competition are eating into profitability. The gap between operating and net margin is widening — interest or tax costs are rising.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (173% vs -24%) — share dilution is eroding per-share value. -24% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 3 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 11% QoQ — could be seasonality or a genuine slowdown.
Profit fell 41% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 90.0% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.