Sindhu Trade Links Ltd is primarily engaged in transportation logistics and support services. The Co. through its subsidiaries is also engaged in diversified businesses like Media, Overseas Coal Mining, BioMass Based Power Generation etc.[1]
Business[1]The Company is engaged in the business of transportation, media, investment and finance, Petrol Pump Operations, Power Distribution and Engineering Projects and Overseas Mining and Trading of Coal.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Container Corpn. | 519.50 | 30.19 | 39566.05 | 1.77 | 379.98 | -3.01 | 2354.53 | 2.92 | 13.87 | 9004.30 | 21.26 | 1310.42 | 378.70 | 3.09 | 9.18 | 0.07 |
| 2. | Delhivery | 403.65 | 218.53 | 30204.84 | 0.00 | -50.50 | -593.92 | 2559.32 | 16.88 | 2.47 | 9423.19 | 4.55 | 138.22 | -50.38 | 3.17 | 1.20 | 0.17 |
| 3. | Blue Dart Expres | 5434.00 | 48.41 | 12894.88 | 0.46 | 81.38 | 29.50 | 1549.33 | 6.96 | 16.33 | 5920.26 | 15.20 | 266.37 | 81.38 | 7.90 | 6.65 | 0.66 |
| 4. | Transport Corp. | 1045.80 | 18.48 | 8024.11 | 0.76 | 113.50 | 5.83 | 1204.90 | 7.50 | 20.52 | 4670.10 | 10.45 | 434.20 | 112.60 | 3.36 | 15.72 | 0.11 |
| 5. | TVS Supply | 105.47 | 39.21 | 4653.13 | 0.00 | 16.31 | 67.63 | 2662.63 | 5.96 | 4.83 | 10198.39 | 6.66 | 118.68 | 15.64 | 2.39 | -0.16 | 1.14 |
| 6. | VRL Logistics | 249.65 | 18.70 | 4367.30 | 3.00 | 49.89 | 39.28 | 796.96 | -0.32 | 15.73 | 3175.55 | 20.65 | 233.60 | 49.89 | 3.99 | 7.38 | 1.01 |
| 7. | Mahindra Logis. | 305.05 | – | 3026.78 | 0.82 | -8.36 | 3.72 | 1685.27 | 10.79 | 5.64 | 6473.57 | 4.83 | -36.93 | -10.35 | 2.64 | -1.23 | 0.59 |
| 8. | Sindhu Trade | 18.94 | 162.79 | 2920.41 | 0.00 | 6.36 | -56.29 | 106.08 | -3.99 | 6.49 | 474.52 | 9.22 | 17.94 | 6.36 | 3.14 | 2.43 | 0.42 |
| – | Median: 46 Co. | 158.03 | 23.99 | 492.9 | 0.0 | 5.81 | 11.78 | 141.75 | 8.5 | 14.91 | 432.38 | 9.16 | 14.96 | 6.39 | 2.41 | 7.19 | 0.33 |
Standalone figures in ₹ crores
| Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 113.82 | 81.36 | 128.17 | 120.13 | 141.07 | 138.34 | 133.58 | 145.27 | 127.97 | 110.49 | 113.59 | 134.22 | 120.63 | 106.08 |
Expenses | 96.14 | 80.64 | 106.47 | 108.91 | 112.86 | 107.03 | 113.49 | 147.52 | 94.57 | 86.78 | 94.85 | 137.94 | 103.00 | 94.97 |
Operating Profit | 17.68 | 0.72 | 21.70 | 11.22 | 28.21 | 31.31 | 20.09 | -2.25 | 33.40 | 23.71 | 18.74 | -3.72 | 17.63 | 11.11 |
Other Income | 10.78 | 11.50 | 4.72 | 19.82 | 0.46 | 5.33 | 3.77 | 31.84 | 0.64 | 6.94 | 8.66 | 5.60 | 2.10 | 8.16 |
Profit before tax | 15.90 | -0.69 | 11.89 | 16.00 | 14.32 | 23.86 | 10.87 | 14.33 | 21.73 | 17.44 | 16.50 | -9.52 | 8.15 | 7.76 |
Tax % | 25.16% | -686.96% | 51.56% | 30.94% | 31.22% | 23.47% | 24.20% | -25.89% | 23.38% | 16.63% | 11.45% | -23.21% | 47.48% | 17.91% |
Net Profit | 11.90 | 4.05 | 5.77 | 11.05 | 9.85 | 18.25 | 8.23 | 18.03 | 16.65 | 14.55 | 14.61 | -7.31 | 4.28 | 6.36 |
EPS in Rs | 0.08 | 0.03 | 0.04 | 0.07 | 0.06 | 0.12 | 0.05 | 0.12 | 0.11 | 0.09 | 0.09 | -0.05 | 0.03 | 0.04 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 443 | 583 | 668 | 875 | 971 | 1,140 | 851 | 665 | 605 | 443 | 558 | 486 | 475 |
Expenses | 386 | 476 | 510 | 729 | 813 | 969 | 704 | 600 | 533 | 392 | 480 | 414 | 431 |
Operating Profit | 57 | 107 | 158 | 146 | 159 | 171 | 148 | 64 | 72 | 52 | 78 | 72 | 44 |
Other Income | 2 | 2 | 3 | 2 | 2 | 12 | 8 | 74 | 27 | 47 | 42 | 23 | 25 |
Interest | 23 | 32 | 33 | 42 | 44 | 54 | 51 | 49 | 45 | 46 | 48 | 39 | 36 |
Depreciation | 5 | 17 | 16 | 16 | 21 | 32 | 26 | 18 | 13 | 9 | 8 | 9 | 10 |
Profit before tax | 31 | 60 | 111 | 90 | 95 | 97 | 79 | 70 | 42 | 43 | 63 | 46 | 23 |
Net Profit | 21 | 40 | 76 | 66 | 61 | 70 | 57 | 63 | 33 | 33 | 54 | 38 | 18 |
EPS in Rs | 0.13 | 0.26 | 0.49 | 0.43 | 0.39 | 0.45 | 0.37 | 0.41 | 0.22 | 0.21 | 0.35 | 0.25 | 0.11 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 51 | 154 | 154 | 154 | 154 |
Reserves | 162 | 201 | 277 | 358 | 418 | 491 | 565 | 629 | 650 | 655 | 721 | 764 | 775 |
Borrowings | 220 | 184 | 316 | 363 | 483 | 472 | 393 | 477 | 412 | 392 | 357 | 332 | 386 |
Other Liabilities | 124 | 129 | 151 | 177 | 176 | 220 | 260 | 211 | 207 | 188 | 203 | 160 | 139 |
Total Liabilities | 557 | 566 | 796 | 950 | 1,128 | 1,234 | 1,270 | 1,368 | 1,320 | 1,390 | 1,434 | 1,411 | 1,454 |
Fixed Assets | 22 | 54 | 61 | 62 | 109 | 100 | 81 | 60 | 47 | 40 | 44 | 44 | 48 |
Gross Block | 39.35 | 88.23 | 107.50 | 122.55 | 190.99 | 213.74 | 215.56 | 202.05 | 188.55 | 167.61 | 171.14 | 165.79 | – |
Accumulated Depreciation | 17.83 | 33.88 | 46.29 | 60.81 | 82.12 | 113.96 | 135.00 | 142.12 | 142.05 | 127.60 | 127.59 | 121.40 | – |
CWIP | 0 | 2 | 3 | 3 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 283 | 295 | 369 | 531 | 545 | 630 | 627 | 641 | 636 | 686 | 676 | 898 | 888 |
Other Assets | 253 | 214 | 363 | 354 | 469 | 505 | 562 | 667 | 638 | 664 | 714 | 468 | 517 |
Total Assets | 557 | 566 | 796 | 950 | 1,128 | 1,234 | 1,270 | 1,368 | 1,320 | 1,390 | 1,434 | 1,411 | 1,454 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 87 | 94 | -3 | 158 | 161 | 161 | 179 | -131 | 124 | 6 | 51 | 88 |
Cash from Investing Activity | -75 | -65 | -87 | -158 | -180 | -101 | -47 | 45 | 8 | 54 | 30 | -22 |
Cash from Financing Activity | -18 | -24 | 91 | 9 | 11 | -50 | -137 | 84 | -143 | -61 | -80 | -69 |
Net Cash Flow | -6 | 5 | 1 | 9 | -8 | 11 | -5 | -2 | -11 | -0 | 0 | -3 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 27 | 47 | 69 | 63 | 61 | 56 | 71 | 134 | 176 | 242 | 210 | 231 |
Inventory Days | 3 | 4 | 8 | 6 | 8 | 4 | 9 | – | 31 | 13 | 36 | 51 |
Days Payable | 48 | 57 | 90 | 83 | 92 | 123 | 310 | – | 653 | 171 | 522 | 577 |
Cash Conversion Cycle | -18 | -7 | -14 | -15 | -23 | -62 | -229 | 134 | -446 | 84 | -276 | -295 |
Working Capital Days | -58 | -45 | 46 | -17 | -35 | -38 | -77 | -47 | 55 | 134 | 141 | 166 |
ROCE % | 14% | 21% | 27% | 19% | 16% | 15% | 14% | 5% | 7% | 6% | 6% | 6% |
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Stock Analysis
Sindhu Trade Links Ltd operates in transportation logistics and diversified sectors including media, overseas coal mining, and power generation. Its business scope encompasses logistics, media, finance, petrol pumps, power, engineering projects, and coal trading.
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