Suncare Traders

Why is Suncare Traders Ltd falling/rising?

As of 17-Jul, Suncare Traders Ltd's stock price is currently at 0.50, reflecting a 4.17% increase today. However, the stock has a troubling long-term outlook with a year-to-date decline of 29.58% and significant financial weaknesses, indicating potential risks for investors.

As of 17-Jul, Suncare Traders Ltd's stock price is rising, currently at 0.50, which reflects a change of 0.02 or 4.17% increase. This upward movement is notable as the stock has outperformed its sector by 1.98% today. Additionally, over the past week, the stock has shown a positive return of 2.04%, compared to the Sensex's 0.75% increase, and a significant 11.11% rise over the past month against the Sensex's 1.29%.<BR><BR>However, despite this short-term rise, the stock has a concerning long-term outlook. Year-to-date, it has fallen by 29.58%, and over the past year, it has decreased by 47.92%. The company's financial health is weak, with operating losses and a poor ability to service its debt, evidenced by a negative EBIT to Interest ratio of -1.14. Furthermore, the company has recorded a negative EBITDA of Rs. -0.12 cr, and its net sales have declined at an annual rate of -7.25% over the last five years.<BR><BR>Investor participation has also decreased, with a delivery volume drop of 43.62% against the 5-day average, indicating a lack of confidence among investors. Despite the current rise in stock price, these underlying issues suggest that the stock's long-term performance remains precarious.

Which are the latest news on Suncare Traders?

What does Suncare Traders do?

Suncare Traders Ltd is a Micro Cap company that trades Laminates and Plywood/MDF, incorporated in 1997 and converted to a Public Limited Company in 2000. As of March 2026, it reported a net profit of -1 Cr and has a market cap of INR 12 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" in 2000. The latest reported quarter for sales and profit is March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 12 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 17.00 <BR>Industry P/E: 18 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.14 <BR>Return on Equity: 1.61% <BR>Price to Book: 0.29 <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

How big is Suncare Traders?

As of 10th June, Suncare Traders Ltd has a market capitalization of 12.00 Cr, with recent net sales of 10.41 Cr and a net profit of 0.06 Cr. Shareholder's funds are 38.87 Cr, and total assets amount to 46.72 Cr as of March 2022.

As of 10th June, Suncare Traders Ltd has a market capitalization of 12.00 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, with Shareholder's Funds amounting to 38.87 Cr and Total Assets of 46.72 Cr.

Who are in the management team of Suncare Traders?

The management team of Suncare Traders includes Falguni Shah (Director), Priyanka Kakhani (Company Secretary & Compliance Officer), Harshadkumar Rathod (Chairman, Whole-Time Director, CFO), and four Independent Directors: Dineshkumar Rathod, Narendrakumar Vaniya, Kartik Raval, and Manjulaben Parmar.

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>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the Suncare Traders?

Suncare Traders' peers include Globe Commercial, New Light Indust, Muller & Phipps, SRU Steels, Sumeru Industrie, Sabrimala Indus., Catvision Ltd, and Shashank Traders. Suncare Traders has a 1-year return of -47.13%, lower than its peers, with management and growth ratings generally below average.

Peers: The peers of Suncare Traders are Globe Commercial, New Light Indust, Muller & Phipps, SRU Steels, Sumeru Industrie, Sabrimala Indus., Catvision Ltd, and Shashank Traders.<BR><BR>Quality Snapshot: Excellent management risk is observed at Globe Commercial, while Below Average management risk is found at New Light Indust, Suncare Traders, SRU Steels, Sabrimala Indus., and Catvision Ltd, and the rest. Growth is rated as Excellent for Globe Commercial, Below Average for New Light Indust, Suncare Traders, SRU Steels, Sabrimala Indus., and Catvision Ltd, and the rest. Capital Structure is rated as Excellent for Globe Commercial, Good for SRU Steels and Catvision Ltd, and Below Average for New Light Indust, Suncare Traders, Sabrimala Indus., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sabrimala Indus. at 53.85%, while the peer with the lowest is Globe Commercial at -44.65%. Suncare Traders has a 1-year return of -47.13%, which is lower than both. Additionally, SRU Steels, Sumeru Industrie, and Catvision Ltd have negative six-month returns.

Should I buy, sell or hold Suncare Traders Ltd?

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.

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.

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.

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.

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 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