Sindhu Trade Links Ltd
NSE: SINDHUTRAD · Coal · sector
₹18.38NSE close 2026-10-26
Key numbers
Market cap₹4,082 cr
Price₹18.38
52w high / low₹29 / ₹18
P/E51.1xSector median 34.8x
P/B2.3xSector median 2.3x
Book value₹7.9
Dividend yield–Sector median 6.17%
ROE4.6%Sector median 4.6%
ROCE3.0%Sector median 4.0%
OPM6.6%Sector median 6.6%
Debt / equity0.26xSector median 0.26x
EV/EBITDA139.2xSector median 72.1x
Interest cover1.3x
Current ratio4.84x
Sales growth 3y–Sector median +6.8%
Profit growth 3y–Sector median +3.4%
PEG4.13x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 5 companies in Coal (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹45 cr vs borrowings ₹458 cr (FY26): borrowings are higher by ₹413 cr.
- Operating profit covered interest 1.3x in the last 12 months.
- 0.23% of the promoters' shares are pledged (0.2% of all shares).
- Promoter holding fell by 1.04 percentage points in a year, to 73.93% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 3 years (FY26, FY25).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 66% of net profit in the last 12 months.
- Debtor days went from 75 (FY24) to 230 (FY26).
- No dividend in the last 3 financial years.
- Price ₹18.38 on 2026-10-26: -35.8% from the 52-week high, +4.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹33.68 · low ₹13.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 370 | 511 | 297 | 165 | 124 | 119 | 115 | 129 |
| EBITDA | -93 | 57 | -329 | 13 | 3 | 3 | 5 | 21 |
| OPM % | -25.1% | 11.2% | -110.8% | 8.0% | 2.3% | 2.5% | 4.5% | 16.5% |
| Other income | 266 | 9 | 279 | 9 | 25 | 8 | 13 | 5 |
| Net profit | 117 | -7 | -59 | 19 | 11 | 14 | 14 | 39 |
| EPS (₹) | 0.42 | -0.03 | -0.35 | 0.08 | 0.05 | 0.06 | 0.08 | 0.17 |
| Revenue YoY | -66.4% | -76.7% | -61.2% | -21.9% | ||||
| Profit YoY | -90.7% | – | – | +106.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|
| Revenue | 1,686 | 1,731 | 524 | 488 |
| EBITDA | 137 | -225 | 19 | 32 |
| Net profit | 71 | 122 | 57 | 77 |
| EPS (₹) | 0.37 | 0.17 | 0.27 | 0.36 |
| Revenue growth | +2.7% | -69.7% | -63.7% | |
| Profit growth | +71.8% | -52.8% | +12.3% | |
| Dividend / share (₹) | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | -63.7% |
| Net profit | – | – | +12.3% |
| EPS | – | – | – |
| Share price | – | -6.0% (2y) | -23.9% |
Balance sheet
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Shareholders' equity | 1,496 | 1,608 | 1,753 |
| Borrowings | 1,016 | 371 | 458 |
| Cash & equivalents | 108 | 22 | 45 |
| Total assets | 4,657 | 2,730 | 2,884 |
| Fixed assets | 3,458 | 56 | 48 |
| Capital work in progress | 0 | 0 | 1 |
| Investments | 191 | 1,922 | 2,005 |
| Receivables | 348 | 345 | 330 |
| Inventory | 74 | 8 | 13 |
| Payables | 221 | 47 | 28 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Cash from operations | 685 | -51 | 43 |
| Cash from investing | 73 | 473 | -64 |
| Cash from financing | -688 | -408 | 8 |
| Capex | 20 | 29 | 6 |
| Free cash flow | 665 | -80 | 37 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| ROE % | 4.7% | 7.6% | 3.3% |
| ROCE % | 8.7% | 14.2% | 2.8% |
| Debtor days | 75 | 73 | 230 |
| Inventory days | 26 | 3 | 12 |
| Payable days | 78 | 17 | 25 |
| Cash conversion cycle (days) | 23 | 59 | 217 |
| Working capital days | 41 | 80 | 426 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.93% |
| FIIs | 2.70% |
| DIIs | 0.00% |
| of which Mutual funds | 0.00% |
| Public (non-institutions) | 23.38% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Aug 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.96% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 73.93% | 73.93% |
| Promoter group | % |
|---|---|
| Paramitra Holdings Private Limited | 12.38% |
| Indo Pacific Partners (PTC) Limited | 11.18% |
| Virsen Sindhu | 7.73% |
| Rudra SEN Sindhu | 6.42% |
| Vritpal Sindhu | 5.10% |
| Satya PAL Sindhu | 4.56% |
| Abhimanyu Sindhu | 4.44% |
| DEV Suman Sindhu | 3.09% |
| Ekta Sindhu | 1.76% |
| Rachna Sindhu | 1.73% |
| Abhimanyu Sindhu HUF | 1.66% |
| Rudra SEN Sindhu HUF | 1.20% |
| Usha Sindhu | 1.11% |
| DEV Suman Sindhu HUF | 1.06% |
| Sarvesh Sindhu | 1.03% |
| Public holders above 1% | % |
|---|---|
| Astraea Fund Limited | 4.08% |
| Fine Grow Buildcon Private Limited | 1.88% |
| Saumik Ketankumar Doshi | 1.86% |
| Goodworth Infracon Private Limited | 1.67% |
38,785 shareholders. Pledged: 0.23% of promoter shares.
Peers in Coal
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| COALINDIA | ₹2,49,591 cr | 8.0x | 2.1x | 28.6% | 31.9% | 25.8% | +6.8% | 6.49% |
| BHARATCOAL | ₹14,446 cr | 110.8x | 2.5x | 2.2% | 4.0% | -3.6% | – | 5.84% |
| SINDHUTRAD | ₹4,082 cr | 51.1x | 2.3x | 4.6% | 3.0% | 6.6% | – | – |
| CMLL | ₹2,891 cr | – | – | – | – | – | – | – |
| FFPL | ₹5 cr | 18.6x | – | – | – | – | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| TRANSPORTATION LOGISTICS MINING AND CONSTRUCTION | ₹376 cr | 64.8% | ₹58 cr | 15.3% |
| OTHER INCOME | ₹56 cr | 9.6% | ₹56 cr | 100.0% |
| OVERSEAS COAL MINING AND TRADING | ₹50 cr | 8.7% | ₹14 cr | 27.7% |
| GENERATION AND SUPPLY OF ELECTRICITY | ₹50 cr | 8.6% | ₹-3 cr | -5.2% |
| TRADING OF OIL LUBRICANTS AND SPARES | ₹33 cr | 5.7% | ₹1 cr | 1.7% |
| OIL DRILLING OPERATIONS | ₹10 cr | 1.8% | ₹1 cr | 10.3% |
| FINANCE OPERATIONS | ₹4 cr | 0.7% | ₹-10 cr | -227.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-19 | Other | Annual General Meeting |
| 2023-09-15 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Financial and insurance Service: Other financial activities
- Transport and storage: Land Transport via Road
- Trade: Retail Trading
- Support service to Organizations: Other support services to organizations
| Sector | Energy |
| Industry | Coal |
| Sub-industry | Coal |
| Symbol | SINDHUTRAD |
| BSE code | 532029 |
| ISIN | INE325D01025 |
| Face value | ₹1.0 |
| Incorporated | 1992-07-22 |
| Website | WWW.SINDHUTRADE.COM |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.