Sindhu Trade Links Limited
₹19.32-₹0.46 (-2.3%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹2,904 Cr
- P/E
- 162.0x
- EV / EBITDA
- 26.0x
- Revenue
- ₹486 Cr
- Net margin
- 9.7%
- ROCE
- 6.3%
Price chart
Technical chartScreen technicals →-19.2% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -15.6%
- 3M
- -20.1%
- 6M
- -17.5%
- 1Y
- -19.2%
- 5Y
- +21.7%
52-week range
Day change -₹0.46 (-2.3%) from ₹19.78 to ₹19.32 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in SINDHUTRAD, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong cash conversion — FCF/PAT ratio of 1.74
Concerns1
- Low interest coverage ratio of 1.6x
Rule-based from financial data. Not advice.
About the company
Sindhu Trade Links Limited, together with its subsidiaries, primarily engages in the mining, transportation, and loading services in India. It operates through Transportation & Logistics, Oil, Lubricants, & Spares, Finance & Investment, Generation & Supply of Electricity, and Oil Drilling Operations segments.
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Sindhu Trade Links Limited, together with its subsidiaries, primarily engages in the mining, transportation, and loading services in India. It operates through Transportation & Logistics, Oil, Lubricants, & Spares, Finance & Investment, Generation & Supply of Electricity, and Oil Drilling Operations segments. The company is involved in the development of food park for food processing industries; trading of automobiles spare parts, heavy earthmoving equipment parts, lubricants, tires, tubes, and flaps; and generating, harnessing, developing, accumulating, distributing, and supplying of electricity from biomass power plants. It also engages in the business of coal mining, trading, logistics, extraction, sale, and beneficiation; operation of petrol pumps; provision of lending services; and rental of land/building; as well as finance activities and media operations. The company was formerly known as Bhandari Consultancy and Finance Limited and changed its name to Sindhu Trade Links Limited in June 2011. Sindhu Trade Links Limited was incorporated in 1992 and is based in Gurugram, India.
- Sector
- Industrials
- Shares outstanding
- 154 Cr shares
- ISIN
- INE325D01025
- BSE code
- 532029
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹2,904 Cr
- P/E
- 162.0x
- P/B
- 3.1x
- EV / EBITDA
- 26.0x
- EV / Sales
- 5.6x
- P/S
- 5.2x
- Earnings yield
- 0.6%
- 52-week high
- ₹27.81
- 52-week low
- ₹18.05
Profitability
- Operating margin
- 14.0%
- Net margin
- 9.7%
- EBITDA margin
- 21.5%
- ROE
- 6.2%
- ROCE
- 6.3%
- ROA
- 3.8%
- Dividend payout
- 0.0%
- Tax rate
- 14.0%
- Other income, % of PBT
- 66.7%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹486 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -12.9%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -8.1%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹120 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 21.2%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -29.6%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -1.1%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹51.0 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 750.0%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 3.2%
Solvency and efficiency
- Current ratio
- 6.85
- Debt / Equity
- 0.41
- Debt / Assets
- 0.25
- Debt / EBITDA
- 2.98
- Interest coverage
- 1.63
- Financial leverage
- 1.64
- CFO / Net profit
- 0.94
- Cash / Market cap
- 24.6%
- Cash per share
- ₹4.65
- Asset turnover
- 0.39
- Fixed asset turnover
- 12.68
- Capital intensity
- 0.08
- Debtor days
- 210 days
- Inventory turnover
- 10.14
- Cash conversion cycle
- -276 days
Where the revenue went
Some FY2025 lines are not reported, so the ones that are appear as a table.
| Line | FY2025 |
|---|---|
| Sales | ₹486 Cr |
| Expenses | ₹414 Cr |
| Operating profit | ₹72 Cr |
| Other income | ₹23 Cr |
| Interest | ₹39 Cr |
| Depreciation | ₹9 Cr |
| Profit before tax | ₹46 Cr |
| Tax and other | ₹8 Cr |
| Net profit | ₹38 Cr |
Revenue and net profit
Revenue fell 12.9% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹665 Cr | ₹63 Cr |
| FY2022 | ₹605 Cr | ₹33 Cr |
| FY2023 | ₹443 Cr | ₹33 Cr |
| FY2024 | ₹558 Cr | ₹54 Cr |
| FY2025 | ₹486 Cr | ₹38 Cr |
Cash flows
FY2025: ₹88.0 Cr from operations, ₹66.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | -₹131 Cr | -₹86 Cr |
| FY2022 | ₹124 Cr | ₹132 Cr |
| FY2023 | ₹6 Cr | ₹60 Cr |
| FY2024 | ₹51 Cr | ₹81 Cr |
| FY2025 | ₹88 Cr | ₹66 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹486 Cr-12.9%1Y
- Net profit
- ₹38 Cr-29.6%1Y
- Cash from operations
- ₹88 Cr
- Free cash flow
- ₹66 Cr-18.5%1Y
- Revenue CAGR, 5Y
- -8.1%
- EBITDA CAGR, 5Y
- -5.1%
- Net profit CAGR, 5Y
- -1.1%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹486 Cr | ₹72 Cr | — | ₹38 Cr | ₹88 Cr | ₹66 Cr | 4.1% | -12.9% | -29.6% |
Monthly returns
Month-by-month returns of SINDHUTRAD across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1,411 Cr |
| Equity capital | ₹154 Cr |
| Reserves | ₹764 Cr |
| Borrowings | ₹332 Cr |
| Other liabilities | ₹160 Cr |
| Assets | ₹1,411 Cr |
| Fixed assets | ₹44 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹898 Cr |
| Other assets | ₹468 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
SINDHUTRAD trades at 162.0x earnings against a peer median of 38.3x (a 324% premium).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Sindhu Trade Links LimitedSINDHUTRADthis companyP/E ↑ premium | ₹2,904 Cr | 162.0x | 3.1x | 6.2% | 26.0x |
| Bharat Bijlee Ltd.BBL | ₹3,153 Cr | 21.4x | 1.4x | 7.0% | 14.5x |
| HLE GLASCOAT LIMITEDHLEGLAS | ₹3,115 Cr | 79.5x | 8.2x | 7.8% | 46.3x |
| EURO PRATIK SALES LIMITEDEUROPRATIK | ₹2,833 Cr | 49.9x | 11.8x | 38.9% | 31.7x |
| Gateway Distriparks LimitedGATEWAY | ₹2,810 Cr | 11.0x | 1.3x | 13.0% | 8.5x |
| Jain Irrigation Systems Ltd.JISLJALEQS | ₹2,802 Cr | 58.5x | 0.5x | 1.2% | 8.6x |
| Ram Ratna Wires Ltd.RAMRAT | ₹2,768 Cr | 40.7x | 5.4x | 13.8% | 20.7x |
| PITTI ENGINEERING LIMITEDPITTIENG | ₹2,737 Cr | 25.5x | 3.0x | 19.0% | 13.9x |
| Sanghvi Movers Ltd.SANGHVIMOV | ₹2,726 Cr | 21.6x | 2.3x | 18.6% | 7.2x |
| Peer median | — | 38.3x | 5.2x | 15.2% | 25.8x |
Year-to-date ROI
SINDHUTRAD since 1 January, against earlier years.
Historical volatility
SINDHUTRAD's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 10.0% |
| FY2022 | 12.0% |
| FY2023 | 12.0% |
| FY2024 | 14.0% |
| FY2025 | 15.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹486 Cr |
| Costs | |
| Interest | ₹39 Cr |
| Expenses | ₹414 Cr |
| Operating profitOperating Profit | ₹72 Cr |
| Other income and charges | |
| Profit before tax | ₹46 Cr |
| Tax | |
| Net profitNet Profit | ₹38 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1,411 Cr |
| Equity capitalEquity Capital | ₹154 Cr |
| Reserves | ₹764 Cr |
| Borrowings | ₹332 Cr |
| Other liabilitiesOther Liabilities | ₹160 Cr |
| AssetsTotal Assets | ₹1,411 Cr |
| Fixed assetsFixed Assets | ₹44 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹898 Cr |
| Other assetsOther Assets | ₹468 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹88 Cr |
| Investing cash flowCash from Investing Activity | -₹22 Cr |
| Financing cash flowCash from Financing Activity | -₹69 Cr |
| Change in cashNet Cash Flow | -₹3 Cr |
Learn while you research
Academy chapters picked for Sindhu Trade Links Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 162.0, learn when high multiples are justified.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read