Surat Trade & Merchantile quarterly results and financials

Surat Trade & Merchantile (BSE 530185)₹4.58−0.43%(9 Nov 2026 close)Other Textile Products

Key facts

In the Mar 2026 quarter (standalone), Surat Trade & Merchantile reported sales of ₹46.11 Cr, up 520.6% from Mar 2025, and net profit of −₹0.43 Cr. For the year to Mar 2026, sales were ₹111 Cr and net profit ₹10.98 Cr.

Sales (Mar 2026): ₹46.11 Cr
Net profit (Mar 2026): −₹0.43 Cr
Sales (FY Mar 2026): ₹111 Cr
Net profit (FY Mar 2026): ₹10.98 Cr
EPS (Mar 2026): ₹−0.01
Borrowings (Mar 2026): ₹2.01 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Surat Trade & Merchantile quarterly results

₹ crore unless stated; each column is a quarter.

Surat Trade & Merchantile Quarterly results
	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	13.65	17.02	14.46	13.95	22.91	24.16	14.30	7.43	37.36	16.70	11.42	46.11
Expenses	16.35	18.39	15.84	15.71	23.74	25.53	14.86	9.49	34.97	18.33	11.76	45.51
Operating Profit	−2.70	−1.38	−1.37	−1.76	−0.84	−1.37	−0.58	−2.04	2.37	−1.64	−0.33	0.54
OPM %	−20.0%	−8.2%	−9.6%	−12.8%	−3.7%	−5.7%	−4.2%	−27.6%	6.4%	−10.0%	−3.0%	1.2%
Other Income	6.71	4.19	5.54	4.71	7.07	5.85	4.58	−2.63	7.87	2.74	3.57	−0.37
Interest	0.00	0.00	0.00	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Depreciation	0.12	0.08	0.03	0.08	0.10	0.16	0.07	0.15	0.12	0.12	0.12	0.17
Profit before tax	3.86	2.69	4.10	2.78	6.03	4.22	3.84	−4.85	10.03	0.90	3.04	−0.02
Tax %	29.5%	31.5%	37.5%	31.6%	7.4%	4.7%	−55.7%	−17.9%	14.2%	70.3%	18.0%	1,300.0%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	2.74	1.83	2.57	1.90	5.59	4.04	6.00	−3.99	8.62	0.26	2.50	−0.43
EPS (Rs)	0.11	0.07	0.11	0.08	0.24	0.17	0.26	−0.17	0.38	0.00	0.10	−0.01

Surat Trade & Merchantile profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Surat Trade & Merchantile Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	132	139	202	217	180	0.00	0.00	25.05	61.17	69.13	111	112
Expenses	126	126	187	208	173	5.01	5.01	30.02	66.13	74.14	110	111
Operating Profit	5.99	12.96	13.98	8.98	6.98	−4.99	−4.99	−4.99	−5.99	−4.99	0.99	0.94
OPM %	4.5%	9.0%	7.0%	3.9%	4.1%	—	—	−22.0%	−9.1%	−7.0%	0.8%	0.8%
Other Income	0.00	4.01	3.01	4.01	5.01	19.06	1.01	69.13	19.06	15.03	14.03	13.81
Interest	0.99	0.00	0.99	0.99	0.99	0.00	0.00	0.00	0.00	0.00	0.00	0.12
Depreciation	0.99	0.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.99	0.99	0.53
Profit before tax	4.98	14.96	14.95	10.96	10.96	13.95	−4.98	62.81	12.94	8.96	13.95	13.95
Tax %	−33.0%	−9.0%	45.0%	−13.0%	28.0%	−1.0%	−11.0%	1.0%	33.0%	−26.0%	22.0%	—
Exceptional items	0.00	1.01	0.00	0.00	0.00	15.02	0.00	1.01	2.01	10.02	0.00	0.00
Net Profit	5.99	16.97	7.98	11.97	7.98	13.97	−3.99	61.84	8.98	11.97	10.98	10.95
EPS (Rs)	0.27	0.74	0.36	0.54	0.34	0.64	−0.18	2.80	0.40	0.52	0.48	0.47
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Surat Trade & Merchantile balance sheet

₹ crore, at each year end.

Surat Trade & Merchantile Balance sheet
	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	22.09	22.10	22.10	22.10	22.09	22.10	22.10	22.10	22.09	22.09	22.09	22.09
Reserves	58.16	65.15	82.19	90.24	99.24	103	116	112	174	183	195	206
Borrowings	2.01	1.01	0.00	2.01	0.00	0.00	1.01	0.00	0.00	2.01	2.01	2.01
Other Liabilities	17.09	15.07	15.07	26.12	21.10	10.04	5.02	6.02	2.01	5.02	2.01	3.02
Total Liabilities	99.35	103	119	140	142	135	143	141	199	213	222	234
Fixed Assets	9.99	8.01	17.01	16.99	16.01	16.01	11.99	11.99	11.99	13.01	15.01	16.01
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	13.03	33.11	31.08	44.15	66.20	38.12	71.21	90.24	138	135	139	158
Other Assets	76.33	62.21	71.27	79.33	61.22	81.25	60.22	38.15	49.15	63.22	67.20	59.22
Inventories	42.08	48.58	15.94	16.98	15.81	7.50	9.59	0.95	0.00	14.01	17.44	0.00
Trade receivables	11.27	1.62	7.73	1.09	4.01	3.52	1.90	0.00	0.00	0.00	0.00	0.00
Cash & equivalents	0.21	0.16	0.83	16.40	5.67	33.13	8.65	1.38	0.64	0.89	1.00	8.96
Total Assets	99.35	103	119	140	142	135	143	141	199	213	222	234

Surat Trade & Merchantile cash flow

₹ crore, for each year.

Surat Trade & Merchantile Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	1.99	19.99	0.00	27.01	4.99	−0.99	−10.01	−7.99	−5.99	−23.01	−9.01	18.01
Cash from investing activity	0.99	−20.98	1.99	−11.99	−16.98	28.96	−29.96	−10.99	−54.97	23.99	8.99	−8.99
Cash from financing activity	−5.01	1.01	−1.01	0.00	2.01	−14.03	0.00	1.01	0.00	0.00	0.00	0.00
Net cash flow	−1.99	0.00	0.99	15.97	−10.98	13.97	−39.90	−17.96	−60.84	0.00	0.00	7.98
Capex	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.99	0.00	0.00	1.99	1.99
Free cash flow	3.01	23.06	0.00	27.07	5.01	−1.01	−11.02	−8.02	−6.01	−23.04	−10.03	16.04
CFO / OP %	178.0%	377.0%	16.0%	218.0%	78.0%	9.0%	152.0%	143.0%	101.0%	365.0%	189.0%	2,102.0%

Surat Trade & Merchantile ratios

Working-capital days and returns, by year.

Surat Trade & Merchantile Ratios
	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	33	5	21	3	8	8	—	—	0	0	0	0
Inventory days	152	207	55	40	33	20	—	—	0	85	95	0
Days payable	4	5	12	38	40	17	—	—	—	2	1	—
Cash conversion cycle	180	207	64	4	0	9	—	—	0	83	94	0
Working capital days	128	118	48	3	6	21	—	—	119	128	138	213
ROCE %	4.0%	6.0%	14.0%	14.0%	10.0%	9.0%	0.0%	0.0%	2.0%	5.0%	−1.0%	6.0%

Surat Trade & Merchantile: frequently asked questions

What are the latest quarterly results of Surat Trade & Merchantile?

For the Mar 2026 quarter, Surat Trade & Merchantile reported sales of ₹46.11 Cr, up 520.6% year on year and net profit of −₹0.43 Cr. The operating margin was 1.2%.

What is the annual revenue of Surat Trade & Merchantile?

Surat Trade & Merchantile's sales for the year to Mar 2026 were ₹111 Cr; over the last twelve months they were ₹112 Cr.

What is the net profit of Surat Trade & Merchantile?

Net profit for the year to Mar 2026 was ₹10.98 Cr, and ₹10.95 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.47.

How much debt does Surat Trade & Merchantile have?

Surat Trade & Merchantile reported borrowings of ₹2.01 Cr at Mar 2026, against cash and equivalents of ₹8.96 Cr.

What is the free cash flow of Surat Trade & Merchantile?

Cash from operations was ₹18.01 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹16.04 Cr.

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