Sindhu Trade Links Ltd
SINDHUTRADSindhu Trade Links Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
The sharpest disagreement: annual EPS moved +117.6% against a −24.8% price move — the market has not yet caught up with the delivery.
The price is in a confirmed uptrend (7 weeks in) while the P/E sits at the 86th percentile of its own 9-year range. Underneath, the last four quarters read mixed, and 273% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Sindhu Trade Links Ltd trades at ₹24.8, in a confirmed uptrend and 7 weeks into that stage. That is +3.0% against its own 200-day average. It sits at 58% of a 52-week range of ₹18 to ₹30. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).
Today the stock is in a confirmed uptrend — week 7 of stage 2, confirmed. At ₹24.8 it trades +3.0% versus its 200-day average and sits at 58% of its 52-week range (₹18–₹30).
Against the market, two honest reads. Cumulative: over the last 9.4 years the stock moved +4,336% while the NIFTY 500 moved +202% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-07-10) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 86th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Sindhu Trade Links Ltd trades at 65.6× P/E, at the pricey end of its own range (86th percentile). Its long-run median P/E is 29.6×, measured across 9.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 65.6× is at the pricey end of its own range (86th percentile), against a long-run median of 29.6× measured over 9.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +117.6% against a −24.8% price move — earnings outran the price, pushing the multiple DOWN its own range.
The price move, decomposed: over 3y, of the −0.6%/yr price move, ~+41.7%/yr came from earnings growth and ~−42.3 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources disagree by up to 162% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Sindhu Trade Links Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 10 quarters across 2 curves, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −69.7% | −23.6% | −10.1% | −5.9% |
| Profit | −53.3% | — | — | +3.9% |
| EPS | +117.6% | — | — | +3.2% |
| Share price | −24.8% | −0.6% | +48.8% | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
46.8/100 — rank 10 of 18 in Logistics · 59% evidence confidence
Sindhu Trade Links Ltd scores 46.8 out of 100 against the 18 companies it is compared with in Logistics, ranking 10. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
The four contributions add to the total exactly: 15.2 + 8.6 + 9.3 + 13.7 = 46.8. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Sindhu Trade Links Ltd reported ₹115 Cr of revenue in the Mar 26 quarter, −61.3% year on year. Over 10 years it has compounded at −5.9% a year. The last full year, FY26, came in at ₹524 Cr. The last four reported quarters add to ₹523 Cr.
Sindhu Trade Links Ltd reported ₹115 Cr of revenue in the Mar 26 quarter, −61.3% year on year. Over 10 years it has compounded at −5.9% a year. The last full year, FY26, came in at ₹524 Cr. The last four reported quarters add to ₹523 Cr.
FY26 revenue came in at ₹524 Cr (−69.7% on the year), capping 10 years at −5.9% compound. The latest quarter (Mar 26) printed ₹115 Cr, −61.3% year on year.
Pace check: the last four quarters averaged −68.7% growth against the decade's −5.9% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −69.8% over the last 4 quarters against −44.3%/yr over the last 8 — rolling over; TTM profit −52.8% vs −9.0%/yr — rolling over.
→ Revenue slipped — did margins hold as it scaled? Next: 4.0% this quarter (+115.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Sindhu Trade Links Ltd's operating margin is 4.0% in the Mar 26 quarter, +115.0 percentage points against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged −13.0% to 15.0%. The current quarter sits inside that band.
Sindhu Trade Links Ltd's operating margin is 4.0% in the Mar 26 quarter, +115.0 percentage points against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged −13.0% to 15.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 4.0%, +115.0 pp against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged −13.0%–15.0%.
Why the margin moved: operating margin went +115.3 pp year on year while gross margin went −25.8 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
→ Margins held — did that reach the bottom line? Next: profit null in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Sindhu Trade Links Ltd earned ₹14.0 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹57.0 Cr. The 10-year compound rate is 3.9%. That is 12.2% of the quarter's revenue. The same quarter a year earlier lost ₹59.0 Cr. 3 of the last 12 reported quarters were loss-making.
Sindhu Trade Links Ltd earned ₹14.0 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹57.0 Cr. The 10-year compound rate is 3.9%. That is 12.2% of the quarter's revenue. The same quarter a year earlier lost ₹59.0 Cr. 3 of the last 12 reported quarters were loss-making.
Mar 26 profit was ₹14.0 Cr, null year on year. On the full year, FY26 printed ₹57.0 Cr (−53.3%), and the 10-year compound rate is 3.9%.
→ Profit rose — but did the cash follow? Next: 273% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 273% of Sindhu Trade Links Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹43.0 Cr of operating cash against ₹57.0 Cr of profit. After ₹11.0 Cr of capital spending, ₹32.0 Cr was left as free cash.
FY26: operating cash of ₹43.0 Cr against reported profit of ₹57.0 Cr, leaving free cash of ₹32.0 Cr after ₹11.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 273% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 273%: the cash cycle stretched 95 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 217-day cycle and ₹−3,247 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Sindhu Trade Links Ltd's cash conversion cycle runs 217 days in FY26, up from 122 days in FY21. Capital spending ran ₹−3,247 Cr over the last 3 years. At FY26 sales of ₹524 Cr each day of that cycle holds about ₹1.4 Cr, so roughly ₹312 Cr sits inside the business at any moment.
FY26: debtors at 230 days, inventory at 12 days — roughly 0.4 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 217 days, looser than FY21's 122.
The full loop: cash goes out to suppliers and production on day 0; stock waits 12 days to sell; customers pay about 230 days after that; and suppliers themselves are paid at 25 days — netting out to the 217-day cycle.
In money terms: at FY26 sales of ₹524 Cr, each day of the cycle holds about ₹1.4 Cr — so the 217-day loop keeps roughly ₹312 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹−3,247 Cr over the last 3 fiscal years against ₹136 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹1.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 4%.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Sindhu Trade Links Ltd earns a ROCE of 4% in FY26. That is up from a trough of 1% in FY21. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 10.9% net margin on 0.18× asset turns.
FY26 ROCE is 4%, recovered from a FY21 trough of 1% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 10.9% net margin × 0.18× asset turns × 1.65× balance-sheet leverage ≈ 3.2% on equity. Margin does its share; leverage is a meaningful part of the equation.
The quarterly return curves and the return-on-invested-capital overlay, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 162% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.26.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Sindhu Trade Links Ltd carries ₹463 Cr of borrowings against ₹1,753 Cr of equity in FY26, a debt-to-equity of 0.26. Operating profit covers the interest bill 0×. Over 5 years borrowings went from ₹1,306 Cr to ₹463 Cr. Capital spending ran ₹−3,247 Cr across the last 3 of those years.
FY26: borrowings of ₹463 Cr against equity of ₹1,753 Cr — a debt-to-equity of 0.26. Operating profit covers the interest bill 0×. Over 5 years borrowings went from ₹1,306 Cr to ₹463 Cr while capital spending ran ₹−3,247 Cr in just the last 3 — the build-out is being paid for out of cash, not debt.
The total-debt and debt-to-equity series, which only the second data source carries, are not drawn on this page: its two data sources disagree by up to 162% on reported income across 14 comparable periods. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
→ Who owns this, and are they adding or leaving? Next: Foreign institutions added 3.1 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Foreign institutions added 3.1 points of Sindhu Trade Links Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 3.2% of the company. Promoters moved +0.0 points over the same window, to 75.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: +3.1 points over 8 quarters to 3.2%; Promoters: +0.0 points over 8 quarters to 75.0%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
Why the register moved: foreign institutions drove it (+3.1 points) — steady accumulation by institutions reading the same numbers this page reads.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Sindhu Trade Links Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Sindhu Trade Links Ltd this page | 65.6× | ₹3,770 Cr | No read | |||
| Aegis Logistics Ltd | 54.5× | ₹47,371 Cr | Mixed | |||
| Container Corporation Of India Ltd | 29.3× | ₹36,371 Cr | Deteriorating | |||
| Shadowfax Technologies Ltd | 112.0× | ₹12,554 Cr | — | — | — | — |
| Blue Dart Express Ltd | 41.6× | ₹11,655 Cr | Mixed | |||
| Blackbuck Ltd | 60.0× | ₹9,824 Cr | No read | |||
| Transport Corporation of India Ltd | 15.5× | ₹7,051 Cr | Consistent | |||
| Gateway Distriparks Ltd | 10.9× | ₹2,817 Cr | Mixed | |||
| Reliance Industrial Infrastructure Ltd | 90.8× | ₹1,102 Cr | Deteriorating | |||
| Allcargo Gati Ltd(Merged) | 97.5× | ₹971 Cr | No read | |||
| JITF Infra Logistics Ltd | — | ₹939 Cr | No read | |||
| Western Carriers (India) Ltd | 23.6× | ₹917 Cr | Mixed | |||
| Ritco Logistics Ltd | 23.6× | ₹851 Cr | Mixed | |||
| Tejas Cargo India Ltd | 39.7× | ₹830 Cr | — | — | — | — |
| Sical Logistics Ltd | 596.0× | ₹774 Cr | No read | |||
| Allcargo Terminals Ltd | 13.6× | ₹609 Cr | Turning around | |||
| TransIndia Real Estate Ltd | 16.1× | ₹598 Cr | Mixed | |||
| S J Logistics (India) Ltd | 6.2× | ₹469 Cr | No read |
Frequently asked questions
What is Sindhu Trade Links Ltd's share price today?
Sindhu Trade Links Ltd trades at ₹24.8, −24.8% over the past year. The company is valued at ₹3,770 Cr. The stock sits at 58% of its 52-week range of ₹18–₹30, +3.0% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 7 weeks in. — as of 24 July 2026.
What were Sindhu Trade Links Ltd's latest quarterly results?
Sindhu Trade Links Ltd reported revenue of ₹115 Cr and net profit of ₹14.0 Cr for the Mar 26 quarter. Earnings per share were ₹0.09. The operating margin was 4.0%, 115.0 pp higher than a year earlier. — as of 24 July 2026.
What is Sindhu Trade Links Ltd's revenue?
Sindhu Trade Links Ltd reported revenue of ₹115 Cr in the Mar 26 quarter, −61.3% year on year. For the full FY26 fiscal year, revenue was ₹524 Cr (−69.7%). Over the last 10 years revenue compounded at −5.9% a year. — as of 24 July 2026.
What is Sindhu Trade Links Ltd's profit?
Sindhu Trade Links Ltd earned ₹14.0 Cr of net profit in the Mar 26 quarter. Full-year FY26 profit was ₹57.0 Cr. The operating margin ran 4.0% in the latest quarter. — as of 24 July 2026.
What is Sindhu Trade Links Ltd's market cap?
Sindhu Trade Links Ltd's market capitalisation is ₹3,770 Cr at a share price of ₹24.8. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Sindhu Trade Links Ltd's P/E ratio?
Sindhu Trade Links Ltd trades at a P/E of 65.6×, at the 86th percentile of its own 9-year range, against a long-run median of 29.6×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Sindhu Trade Links Ltd pay a dividend?
No — Sindhu Trade Links Ltd has recorded a dividend payout of 0% of profit in each of its last 10 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 24 July 2026.
Is Sindhu Trade Links Ltd overvalued?
On its own history, Sindhu Trade Links Ltd looks expensive against its own history: its P/E of 65.6× sits at the 86th percentile of its 9-year range (long-run median 29.6×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
How is Sindhu Trade Links Ltd performing?
Sindhu Trade Links Ltd is in a confirmed uptrend, 7 weeks in. Against the NIFTY 500 it has been behind on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 24 July 2026.
Is Sindhu Trade Links Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 7 of stage 2), trading +3.0% versus its 200-day average and at 58% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Sindhu Trade Links Ltd beating the market?
Not lately — on a trailing-13-week view Sindhu Trade Links Ltd is currently behind the NIFTY 500 (1 week and counting; last ahead the week of 2026-07-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 9.4 years the stock moved +4,336% against the NIFTY 500's +202% — ahead of the index over the full window. — as of 24 July 2026.
Will Sindhu Trade Links Ltd's share price go up?
This page publishes no price forecast for Sindhu Trade Links Ltd. What it measures instead: the share price is ₹24.8, the price is in a confirmed uptrend 7 weeks in. Its P/E of 65.6× sits at the 86th percentile of its own 9-year range. — as of 24 July 2026.
Who owns Sindhu Trade Links Ltd?
Promoters hold 75.0% of Sindhu Trade Links Ltd, foreign institutions 3.2%, domestic institutions 0.0% and the public 21.9% (latest quarter). The biggest move on the register over the last two years: Foreign institutions added 3.1 points over 8 quarters. — as of 24 July 2026.
Does Sindhu Trade Links Ltd have too much debt?
No — Sindhu Trade Links Ltd's debt-to-equity is 0.26, and operating profit covers the interest bill 0×. FY26 borrowings were ₹463 Cr against equity of ₹1,753 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Sindhu Trade Links Ltd's capex?
Sindhu Trade Links Ltd spent ₹−3,247 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹11.0 Cr, with ₹1.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Sindhu Trade Links Ltd's cash flow?
Sindhu Trade Links Ltd generated ₹43.0 Cr of operating cash flow in FY26 and ₹32.0 Cr of free cash flow after ₹11.0 Cr of capital spending. Reported profit that year was ₹57.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Sindhu Trade Links Ltd's profit real cash?
Yes — over the last 3 fiscal years, 273% of Sindhu Trade Links Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹43.0 Cr against reported profit of ₹57.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Sindhu Trade Links Ltd in its business cycle?
Sindhu Trade Links Ltd's FY26 operating margin was 4.0%, against a 10-year band of −13.0%–15.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 4.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Sindhu Trade Links Ltd story?
The sharpest disagreement: annual EPS moved +117.6% against a −24.8% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Sindhu Trade Links Ltd a stock worth studying right now?
This is not investment advice. The machine read: Sindhu Trade Links Ltd's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.