Suncare Traders

Who are in the management team of Suncare Traders?

As of March 2022, the management team of Suncare Traders includes Falguni Shah (Director), Priyanka Kakhani (Company Secretary & Compliance Officer), Harshadkumar Rathod (Chairman, Whole-Time Director, and CFO), and several independent directors: Dineshkumar Rathod, Narendrakumar Vaniya, Kartik Raval, and Manjulaben Parmar.

As of March 2022, the management team of Suncare Traders includes the following individuals:<BR><BR>1. Falguni Shah - Director<BR>2. Priyanka Kakhani - Company Secretary & Compliance Officer<BR>3. Dineshkumar Tribhovanbhai Rathod - Independent Director<BR>4. Harshadkumar Rathod - Chairman, Whole-Time Director, and Chief Financial Officer<BR>5. Narendrakumar Vaniya - Independent Director<BR>6. Kartik Raval - Independent Director<BR>7. Manjulaben Parmar - Independent Director<BR><BR>These individuals comprise the board of directors and management team of the company.

What is the bonus history of the Suncare Traders?

Suncare Traders has issued bonuses twice: a 2:1 bonus on March 6, 2020, and a 1:1 bonus on October 11, 2018, demonstrating the company's commitment to rewarding its shareholders.

Suncare Traders has a history of bonus issues that includes two notable instances. The most recent bonus was a 2:1 bonus issue announced with an ex-date of March 6, 2020, and a record date of March 9, 2020. Prior to that, there was a 1:1 bonus issue with an ex-date of October 11, 2018, and a record date of October 12, 2018. This indicates that the company has actively engaged in bonus issues to reward its shareholders in the past.

Has Suncare Traders declared dividend?

No Dividend History Available

Who are the peers of the Suncare Traders?

Suncare Traders' peers include Redington, MMTC, MSTC, Ravindra Energy, Globe Commercial, Tai Industries, Dhyaani Trade, O.P Chains, and Neelkanth. Suncare Traders has below average management risk and growth, with a 1-year return of -13.73%.

Peers: The peers of Suncare Traders are Redington, MMTC, MSTC, Ravindra Energy, Globe Commercial, Tai Industries, Dhyaani Trade, O.P Chains, and Neelkanth.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, Tai Industries, and Dhyaani Trade, and the rest. Below Average management risk is noted for Ravindra Energy, Suncare Traders, and Neelkanth. Growth is Excellent at Globe Commercial, Average at MMTC, Tai Industries, and Dhyaani Trade, and the rest, while Below Average growth is seen at Ravindra Energy, Suncare Traders, and Neelkanth. Capital Structure is Excellent at MSTC, Good at Redington and Globe Commercial, while Below Average is noted for MMTC, Ravindra Energy, Suncare Traders, Tai Industries, Dhyaani Trade, and Neelkanth, and O.P Chains does not qualify.<BR><BR>Return Snapshot: Ravindra Energy has the highest 1-year return at 142.31%, while MSTC has the lowest at -39.77%. Suncare Traders' 1-year return is -13.73%, which is higher than MSTC's but lower than Ravindra Energy's. Additionally, the six-month returns for MSTC, Dhyaani Trade, and Suncare Traders are negative.

Is Suncare Traders overvalued or undervalued?

As of July 26, 2023, Suncare Traders is considered a risky investment and undervalued, with a PE ratio of 21.93, a Price to Book Value of 0.55, and a PEG Ratio of 0.43, despite underperforming the Sensex with a year-to-date return of -15.69%.

As of 26 July 2023, Suncare Traders has moved from a grade of "does not qualify" to "risky." The company is currently considered undervalued. Key ratios include a PE Ratio of 21.93, a Price to Book Value of 0.55, and a PEG Ratio of 0.43, which suggests potential for growth relative to its price. <BR><BR>In comparison to its peers, Suncare Traders' PE ratio is higher than that of similar companies in the trading and distribution sector, which typically exhibit lower valuations. For instance, if we consider a peer with a PE ratio of around 15, Suncare's valuation appears elevated. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -15.69% compared to the Sensex's positive return of 5.61%. This underperformance further supports the notion that Suncare Traders is undervalued in the current market context.

What is the technical trend for Suncare Traders?

As of May 19, 2025, Suncare Traders is in a bearish trend with moderate strength, supported by bearish indicators on weekly and monthly charts, despite a mildly bullish weekly MACD and mixed signals from the KST.

As of 19 May 2025, the technical trend for Suncare Traders has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is mildly bullish, but the monthly MACD and RSI are both bearish, indicating weakness in the longer time frame. Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the bearish sentiment. Daily moving averages are also bearish, contributing to the overall negative outlook. The KST shows a mildly bullish signal on the weekly but remains bearish monthly, suggesting mixed signals. Dow Theory indicates no trend on both weekly and monthly levels, further supporting a bearish view.

What does Suncare Traders do?

Suncare Traders Ltd is a Micro Cap company that trades in Laminates and Plywood/MDF, incorporated in 1997 and converted to a public company in 2000. As of March 2025, it reported a net profit of -2 Cr and has a market cap of INR 25 Cr.

Overview:<BR>Suncare Traders Ltd is engaged in the trading of Laminates and Plywood/MDF within the Trading & Distributors industry and operates as a Micro Cap company.<BR><BR>History:<BR>Suncare Traders Limited was incorporated in 1997 as "Suncare Traders Private Limited" in Gujarat. It was converted into a Public Limited Company and renamed to "Suncare Traders Limited" on April 11, 2000. The latest quarterly results reported are for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: -2 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 25 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 24.00<BR>Industry P/E: 20<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.09<BR>Return on Equity: 1.48%<BR>Price to Book: 0.62<BR><BR>Contact Details:<BR>Address: 7 Shree Shakti Estate Behind, Milan Complex Sarkhej Ahmedabad Gujarat : 382210<BR>Tel: 91-079-26891210<BR>Email: sctl31561@gmail.com<BR>Website: http://www.stcl.in

Who are the top shareholders of the Suncare Traders?

The top shareholders of Suncare Traders include Biogen Pharmachem Industries Limited with 4.39% and Savjani Enterprise with 11.76%. Individual investors own 65.07% of the company, with no institutional holdings or pledged promoter shares reported.

The top shareholders of Suncare Traders include Biogen Pharmachem Industries Limited, which holds the highest promoter stake at 4.39%. The largest public shareholder is Savjani Enterprise, with a significant holding of 11.76%. Additionally, individual investors collectively own 65.07% of the company. Notably, there are no institutional holdings or pledged promoter shares reported.

How big is Suncare Traders?

As of 24th July, Suncare Traders Ltd has a market capitalization of 24.00 Cr, with recent Net Sales of 10.41 Cr and a Net Profit of 0.06 Cr. The latest balance sheet shows Shareholder's Funds of 38.87 Cr and Total Assets of 46.72 Cr.

As of 24th July, Suncare Traders Ltd has a market capitalization of 24.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Suncare Traders reported Net Sales of 10.41 Cr and a Net Profit of 0.06 Cr.<BR><BR>The latest annual period for the balance sheet is March 2022, showing Shareholder's Funds of 38.87 Cr and Total Assets of 46.72 Cr.

How has been the historical performance of Suncare Traders?

Suncare Traders experienced significant revenue growth, with net sales rising to 11.28 Cr in March 2022 from 4.75 Cr in March 2021, alongside improved profitability indicators. However, the company faced challenges with rising expenditures and liabilities despite a positive cash flow of 2.00 Cr in March 2022.

Answer:<BR>The historical performance of Suncare Traders shows significant fluctuations in revenue and profitability over the years.<BR><BR>Breakdown:<BR>Suncare Traders reported net sales of 11.28 Cr in March 2022, a substantial increase from 4.75 Cr in March 2021 and 4.32 Cr in March 2020. The total operating income mirrored this trend, reaching 11.28 Cr in March 2022 compared to 4.75 Cr in the previous year. However, the company faced total expenditures of 11.28 Cr in March 2022, which was an increase from 4.93 Cr in March 2021. Operating profit (PBDIT) was 1.27 Cr in March 2022, up from 0.46 Cr in March 2021, indicating a recovery in profitability. The profit before tax also improved to 0.80 Cr in March 2022 from 0.09 Cr in March 2021, leading to a profit after tax of 0.68 Cr, a significant rise from 0.06 Cr in the previous year. The earnings per share (EPS) increased to 0.04 in March 2022 from 0.0 in March 2021. On the balance sheet, total assets rose to 46.72 Cr in March 2022 from 43.13 Cr in March 2021, while total liabilities increased to 46.72 Cr from 43.13 Cr. The cash flow from operating activities was positive at 2.00 Cr in March 2022, contrasting with a negative cash flow of -1.00 Cr in March 2020. Overall, Suncare Traders demonstrated a recovery in sales and profitability in March 2022, although it still faced challenges in managing its expenditures and liabilities.

When is the next results date for Suncare Traders Ltd?

The next results date for Suncare Traders Ltd is 07 May 2026.

The next results date for Suncare Traders Ltd is scheduled for 07 May 2026.

Are Suncare Traders Ltd latest results good or bad?

Suncare Traders Ltd's latest results are poor, showing a 39.55% year-on-year decline in net sales despite a 40.87% quarter-on-quarter increase, and a low return on equity of 1.86%. The company faces operational challenges and significant market underperformance, indicating substantial risks for potential investors.

Suncare Traders Ltd's latest results indicate a challenging financial situation. The company reported net sales of ₹1.62 crores in Q3 FY23, which is a 40.87% increase quarter-on-quarter but a significant 39.55% decline year-on-year. This volatility in revenue reflects ongoing difficulties in establishing consistent operational momentum.<BR><BR>While the company achieved a net profit of ₹0.41 crores in Q3 FY23, this was heavily reliant on other income, raising concerns about the sustainability of its core business profitability. The average return on equity (ROE) is a mere 1.86%, indicating weak capital efficiency, and the average return on capital employed is negative at -28.41%, suggesting the company is destroying value rather than creating it.<BR><BR>Additionally, Suncare Traders has faced significant underperformance in the market, with a one-year return of -33.33%, which is substantially worse than the broader market's performance. The stock trades at a low price-to-book ratio of 0.42x, reflecting skepticism about its asset quality and management's ability to generate acceptable returns.<BR><BR>Overall, the financial results point to a company struggling with operational challenges, weak governance signals due to minimal promoter holding, and a lack of institutional interest, leading to a negative outlook. Therefore, the latest results can be characterized as poor, highlighting significant risks for potential investors.

Should I buy, sell or hold Suncare Traders Ltd?

Why is Suncare Traders Ltd falling/rising?

As of 02-Jun, Suncare Traders Ltd's stock price remains at 0.50, reflecting a significant decline of 29.58% year-to-date and 42.53% over the past year, underperforming the benchmark Sensex. The stock is trading below all moving averages and has seen decreased investor participation, indicating a consistent downward trend.

As of 02-Jun, Suncare Traders Ltd's stock price is currently at 0.50, with no change from the previous day. The stock has shown a significant decline over various time periods, including a year-to-date drop of 29.58% and a one-year decrease of 42.53%. In comparison to the benchmark Sensex, which has fallen by 12.40% year-to-date, Suncare Traders Ltd has underperformed considerably.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 1.15%. Additionally, it is trading lower than its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This suggests a consistent downward trend in its price.<BR><BR>Investor participation has also decreased, with a delivery volume of 2.15 lacs on June 1, which represents a 27.45% decline compared to the 5-day average delivery volume. This drop in trading activity may indicate waning interest from investors, contributing to the stock's overall decline.<BR><BR>In summary, the combination of significant price drops over various periods, underperformance relative to the sector, lower trading volumes, and trading below moving averages all point to the reasons why Suncare Traders Ltd's stock price is falling.

Which are the latest news on Suncare Traders?