Want to see IN:STCINDIA full AI Analyst Report?
Top Page
State Trading Corporation of India Limited
(STCINDIA)
Select Model
Select Model
Rating:45Neutral
Price Target:
₹114.00
▼(-9.02% Downside)
Action:Reiterated
Date:08/29/26
The score is held down mainly by weak financial performance—persistent operating losses, negative equity, and unstable cash generation—indicating elevated solvency and earnings-quality risk. Technicals add further pressure with price below key moving averages and negative MACD. The low P/E provides some valuation support, but it is less persuasive given the company’s volatile and potentially non-operating-driven earnings.
Positive Factors
Debt Reduction
The substantial reduction in debt is a constructive balance-sheet development. If maintained, lower borrowings could reduce refinancing pressure, interest costs and creditor dependence, while improving the company’s ability to fund trade activity and absorb commodity-market volatility.
Negative Factors
Negative Shareholders’ Equity
Persistent negative equity reflects accumulated losses or liabilities exceeding assets and materially weakens financial resilience. It limits access to conventional capital, raises solvency and refinancing risk, and leaves less protection for creditors if trading conditions deteriorate.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt Reduction
The substantial reduction in debt is a constructive balance-sheet development. If maintained, lower borrowings could reduce refinancing pressure, interest costs and creditor dependence, while improving the company’s ability to fund trade activity and absorb commodity-market volatility.
Read all positive factors
State Trading Corporation of India Limited (STCINDIA) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.85B
Dividend Yield1.36%
Average Volume (3M)2.67K
Price to Earnings (P/E)1.0
Beta (1Y)1.73
Revenue GrowthN/A
EPS Growth2545.89%
CountryIN
Employees113
SectorGeneral
Sector StrengthN/A
IndustryConglomerates
Share Statistics
EPS (TTM)105.35
Shares Outstanding60,000,000
10 Day Avg. Volume1,982
30 Day Avg. Volume2,666
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.15
Price to Sales (P/S)0.00
P/FCF Ratio9.94
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
State Trading Corporation of India Limited Business Overview & Revenue Model
Company Description
The State Trading Corporation of India Ltd. operates as an international trading firm, engaging in the worldwide import and export of a broad spectrum of commodities. Its portfolio encompasses essential agricultural products like rice, wheat, suga...
How the Company Makes Money
STCINDIA makes money mainly by acting as a merchant trader and trade intermediary in domestic and international markets. Its core revenue model is built around (1) trading margins: buying commodities/goods from suppliers (domestic or overseas) and...
State Trading Corporation of India Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
12
Very Negative
Cash Flow
24
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | -3.29M | -3.04M | -37.20M |
| EBITDA | -63.01M | -450.82M | 499.01M | 532.51M | 379.47M | 399.67M |
| Net Income | 6.32B | 6.48B | 247.45M | 510.72M | 317.88M | -868.49M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 22.13B | 23.61B | 23.93B | 23.47B | 23.07B |
| Cash, Cash Equivalents and Short-Term Investments | 1.54B | 3.35M | 405.29M | 2.88B | 2.22B | 2.04B |
| Total Debt | 0.00 | 11.75B | 19.81B | 19.81B | 19.87B | 19.87B |
| Total Liabilities | 39.81B | 61.61B | 69.64B | 70.26B | 70.50B | 70.62B |
| Stockholders Equity | -39.81B | -39.48B | -46.03B | -46.33B | -47.02B | -47.55B |
Cash Flow | ||||||
| Free Cash Flow | -552.99K | 584.29M | 0.00 | -221.20M | -616.39M | 47.40M |
| Operating Cash Flow | -552.99K | 584.29M | -1.54B | -221.20M | -616.39M | 47.40M |
| Investing Cash Flow | 440.02K | -233.51M | 1.06B | 946.35M | 814.33M | 74.18M |
| Financing Cash Flow | -2.00M | -1.98B | 0.00 | 0.00 | 0.00 | 0.00 |
State Trading Corporation of India Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹30.01B | 10.66 | ― | 4.88% | 8.87% | 2.96% | |
68 Neutral | ₹53.51B | 22.16 | ― | 1.65% | 21.02% | -44.88% | |
56 Neutral | ₹94.08B | 20.88 | ― | 1.62% | -19.71% | 355.54% | |
56 Neutral | ₹8.15B | 7.45 | ― | 0.37% | 9.70% | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
48 Neutral | ₹38.38B | 66.73 | ― | ― | -63.67% | 348.23% | |
45 Neutral | ₹6.85B | 1.04 | ― | 1.36% | ― | 2545.89% |
* General Sector Average
IN:STCINDIA
State Trading Corporation of India Limited
113.80
-4.85
-4.09%
IN:BALMLAWRIE
Balmer Lawrie & Co. Ltd.
174.05
-42.64
-19.68%
IN:MMTC
MMTC Limited
62.22
-2.67
-4.11%
IN:MSTCLTD
MSTC Ltd.
737.80
208.54
39.40%
IN:SINDHUTRAD
Sindhu Trade Links Ltd.
23.81
-0.81
-3.29%
IN:ZUARIIND
Zuari Industries Limited
271.10
-24.71
-8.35%
State Trading Corporation of India Limited Corporate Events
STC Faces NSE Fines Over Board-Level SEBI Compliance Gaps
Aug 26, 2026
State Trading Corporation of India Limited has disclosed that the National Stock Exchange has imposed fines for non-compliance with several provisions of SEBI’s Listing Obligations and Disclosure Requirements, specifically relating to the re...
State Trading Corporation of India appoints Raghvendra Singh as Director-Finance
Jul 3, 2026
The State Trading Corporation of India Limited has appointed Shri Raghvendra Singh as Executive Director and Director-Finance on its board, effective June 29, 2026, following approval by existing directors through circulation. Singh, a 2013-batch ...
State Trading Corporation of India appoints new Director-Finance to its Board
Jul 3, 2026
The State Trading Corporation of India Limited has announced the appointment of Shri Raghvendra Singh as Director-Finance and Additional Director on its Board, effective June 29, 2026, following approval by existing directors through circulation. ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.