Inditrade Capital Ltd Stock Hits All-Time Low Amid Prolonged Downtrend

Recent Price Movement and Market Performance

On 21 Jan 2026, Inditrade Capital Ltd’s share price declined by 3.90%, closing at Rs.4.38, which is the lowest level ever recorded for the stock. This drop outpaced the Sensex’s marginal fall of 0.11% on the same day. Over the past two trading sessions, the stock has lost 7.95% in value, continuing a streak of declines. The stock also underperformed its sector by 4.14% today, emphasising its relative weakness within the NBFC space.

Technical indicators show the stock trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a persistent bearish trend. This technical positioning suggests limited short-term support levels and reflects investor caution.

Extended Underperformance Versus Benchmarks

Inditrade Capital Ltd’s performance over various time frames highlights a pattern of consistent underperformance. The stock’s returns over the last week and month stand at -7.32%, compared with the Sensex’s declines of -1.55% and -3.34%, respectively. Over three months, the stock has fallen sharply by 22.82%, while the Sensex declined by only 2.76% in the same period.

Longer-term figures are more stark: the stock has lost 56.01% in the past year, contrasting with the Sensex’s 8.25% gain. Year-to-date, the stock is down 11.58%, while the Sensex has fallen 3.67%. Over three and five years, Inditrade Capital Ltd’s returns have plummeted by approximately 87%, whereas the Sensex has delivered gains of 35.42% and 65.43%, respectively. The ten-year comparison further emphasises the divergence, with the stock down 87.20% against the Sensex’s 242.60% rise.

Financial Results and Growth Metrics

Inditrade Capital Ltd has not declared financial results for the past six months, contributing to concerns about its fundamental strength. The company’s long-term growth metrics reveal a decline in net sales at an annual rate of -26.05%, while operating profit has deteriorated sharply by -224.42%. The most recent quarterly results, declared in December 2024, were notably negative, with net sales falling by 124.96% year-on-year.

The company has reported negative results for two consecutive quarters, including the September 2024 quarter. Pre-tax profit for the latest quarter stood at a loss of ₹14.75 million, a decline of 125.94%, while net profit was a loss of ₹11.48 million, down 119.97%. Despite these declines, raw material costs have increased by 5.73% year-on-year, adding to margin pressures.

Valuation and Risk Considerations

Inditrade Capital Ltd’s valuation metrics indicate elevated risk levels relative to its historical averages. The stock’s profitability has contracted dramatically, with profits falling by 3591.3% over the past year. This sharp deterioration in earnings, combined with the stock’s sustained price decline, has led to a downgrade in its Mojo Grade from Sell to Strong Sell as of 29 Jul 2024, with a current Mojo Score of 6.0.

The company’s market capitalisation grade stands at 4, reflecting its micro-cap status and limited market liquidity. Majority shareholding remains with non-institutional investors, which may influence trading dynamics and liquidity considerations.

Consistent Underperformance Against Broader Market

Over the last three years, Inditrade Capital Ltd has consistently underperformed the BSE500 index, failing to generate positive returns in any of the annual periods. This trend highlights the stock’s challenges in regaining investor confidence and market share within the NBFC sector. The cumulative impact of negative earnings, declining sales, and subdued price performance has contributed to the stock’s current valuation and market position.

Sector and Industry Context

Operating within the Non Banking Financial Company (NBFC) sector, Inditrade Capital Ltd faces a competitive environment where financial performance and market confidence are critical. The sector has witnessed varied performance across companies, with some peers maintaining growth trajectories and stable earnings. Inditrade Capital Ltd’s relative underperformance and financial setbacks distinguish it from more resilient sector participants.

The company’s current market cap and liquidity profile place it among smaller NBFCs, which often experience greater volatility and sensitivity to earnings announcements and market sentiment shifts.

Summary of Key Metrics

To summarise, Inditrade Capital Ltd’s key performance indicators as of January 2026 are as follows:

• All-time low share price: Rs.4.38


• Day change: -3.90%


• 1-year return: -56.01%


• 3-year return: -87.25%


• 5-year return: -87.47%


• 10-year return: -87.20%


• Mojo Score: 6.0 (Strong Sell)


• Market Cap Grade: 4


• Net sales annual decline: -26.05%


• Operating profit annual decline: -224.42%


• Pre-tax profit (latest quarter): ₹-14.75 million (-125.94%)


• Net profit (latest quarter): ₹-11.48 million (-119.97%)

These figures underscore the severity of the company’s current financial and market position.

Conclusion

Inditrade Capital Ltd’s stock reaching an all-time low of Rs.4.38 reflects a prolonged period of financial contraction and market underperformance. The company’s declining sales, negative quarterly results, and deteriorating profitability have contributed to a downgrade in its investment grade and a challenging valuation environment. The stock’s consistent underperformance relative to the Sensex and sector peers over multiple time frames highlights the extent of its difficulties within the NBFC sector.

While the stock remains under pressure, the detailed financial metrics and market data provide a comprehensive picture of its current status as of January 2026.

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