General Updates
Ask the chart: “Has this stock recovered from similar drawdowns before?”
Q4 FY26 results — filed 15 Sept 2026 · PDF · Annual report FY25 — 3.39 MB · Shareholding pattern — Jun 2026 · All filings
AI equity note (bull/bear, numbers, sources) — coming soon
Management guidance consistency — coming soon
Latest filings
NSE announcements · newest firstTrading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
General Updates
The Exchange had sought clarification from The State Trading Corporation of India Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Consolidated Financial Results not submitted The response of the Company is enclosed.
General Updates
Key MetricsFull financials →
P/E (TTM)
–
P / Book
–
ROE
-15.0%
FY26, avg equity
Net margin
–
FY26
Revenue YoY
–
Q4 FY26
Net profit YoY
+208.7%
Q4 FY26
Debt / equity
-0.30×
₹1,175 Cr debt
Div. yield
–
no dividend in 12 months
From NSE filings (consolidated) and the last close.
Shareholding Pattern Jun 2026
Promoter pledge: none reported
Peer Comparison
| Company | P/E | P/B | ROE | Margin |
|---|---|---|---|---|
| MMTC₹8,753 Cr | 19.6× | 4.13× | 20.3% | 11360.1% |
| MSTCLTD₹5,215 Cr | 22.3× | 5.77× | 26.6% | 59.1% |
| CNL₹1,649 Cr | 22.4× | 4.54× | 21.4% | 2.6% |
| STCINDIA₹672 Cr | 1.0× | – | – | – |
| OSWALAGRO₹456 Cr | – | 0.51× | -2.4% | -114.4% |
| KOTHARIPRO₹406 Cr | 20.9× | 0.35× | 2.9% | 3.3% |
Trading & Distributors: the companies closest in market value, of the 16 in that basic industry whose filings we hold. Computed from each company's NSE filings (up to Q4 FY26) and the last close; hover a column for its definition.
Forensic Flags5 Watch
Operating cash flow was -0.30× net profit
Cumulative over FY22–FY26 (5 years).
Free cash flow was negative in 3 of the last 5 years
Operating cash flow less capital expenditure, as filed.
Exceptional items above 5% of pre-tax profit in 4 of the last 5 years
FY22–FY26.
Effective tax rate averaged 5%
Tax over pre-tax profit, last 3 years. The base corporate rate is about 25%.
Results were filed late in 5 of the last 8 quarters
Slowest filing came 170 days after the period end.
4 checks within their thresholds
Other income is 15% of profit before tax
FY26.
Promoter holding is 90.00%, +0.00 points over a year
2026-06-30 against 2025-06-30.
No promoter shares are pledged
Shareholding pattern as at 2026-06-30.
No auditor change or resignation filings in three years
From NSE announcements on record.
Computed from NSE filings (consolidated). Colours follow fixed thresholds, shown on hover. These are facts about the filings, not advice. 4 checks not run for lack of data.
Formula Scores
Piotroski F-score: 5 of 9 · FY to 2026-03-31one point for each of nine tests on profitability, leverage and liquidity, and operating efficiency, comparing the year with the one before
- ✓ Return on assets positive: 27.15 — profit after tax over the year's opening total assets, %
- ✓ Operating cash flow positive: 51.7 — ₹ crore
- ✗ Cash flow above profit (accruals): -589.3 — operating cash flow less profit after tax, ₹ crore
- ✓ Return on assets improved: 26.12 — change in ROA, percentage points
- ✗ Long-term borrowings to assets fell: 0 — no long-term borrowings in either year; the paper scores no decrease as 0
- ✓ Current ratio improved: 0 — change in current assets over current liabilities
- ✓ No new shares issued: 0 — change in share capital, %
- Gross margin improved — material cost not reported (a services company has none)
- ✗ Asset turnover improved: 0 — revenue over the year's opening total assets, change
Inputs: profit after tax ₹641 Cr (2026-03-31) · profit after tax ₹25 Cr (2025-03-31) · total assets ₹2,213 Cr (2026-03-31) · total assets ₹2,361 Cr (2025-03-31)
The paper's bands: 8–9: the paper's high group; 0–2: the paper's low group
8 of the nine tests could be run; the score counts the ones that passed
Source: Joseph Piotroski, "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers", Journal of Accounting Research, 2000
Altman Z-score: -4.1 · FY to 2026-03-31Z = 1.2 × working capital / total assets + 1.4 × retained earnings / total assets + 3.3 × EBIT / total assets + 0.6 × market value of equity / total liabilities + 1.0 × sales / total assets
- working capital / total assets: -2.177 × 1.2
- retained earnings / total assets: -1.811 × 1.4 — reserves and surplus as retained earnings
- EBIT / total assets: 0.299 × 3.3 — profit before tax plus finance cost
- market value of equity / total liabilities: 0.109 × 0.6 — market capitalisation over total assets less equity
- sales / total assets: 0 × 1
Inputs: total assets ₹2,213 Cr (2026-03-31) · current assets ₹1,345 Cr (2026-03-31) · current liabilities ₹6,161 Cr (2026-03-31) · reserves ₹-4,008 Cr (2026-03-31) · total equity ₹-3,948 Cr (2026-03-31) · profit before tax ₹659 Cr (2026-03-31) · finance cost ₹2 Cr (2026-03-31) · revenue 0 (2026-03-31) · market capitalisation (today) ₹672 Cr
The paper's bands: above 2.99: the paper's safe zone; 1.81–2.99: the grey zone; below 1.81: the distress zone
the 1968 form, fitted on manufacturers; reserves stand in for retained earnings, and profit before tax plus finance cost for EBIT
Source: Edward Altman, "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy", Journal of Finance, 1968
Graham number: not computed · FY to 2026-03-31needs owners' equity, paid-up capital and face value for the book value per share
Sloan accrual ratio: 25.77 % of assets · FY to 2026-03-31(profit after tax − operating cash flow) / average total assets
Inputs: profit after tax ₹641 Cr (2026-03-31) · operating cash flow ₹52 Cr (2026-03-31) · total assets ₹2,213 Cr (2026-03-31) · total assets ₹2,361 Cr (2025-03-31)
how much of the year's profit was not cash; the paper sorts companies by this and reports the top decile's later returns
Source: Richard Sloan, "Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?", The Accounting Review, 1996
Each score is its published formula applied to the company's own filings (consolidated); open one for the tests, the inputs and the paper. Arithmetic on the filings, not a view on the stock.