Surat Trade and Mercantile Past Earnings Performance
Past criteria checks 2/6
Surat Trade and Mercantile's earnings have been declining at an average annual rate of -20.7%, while the Luxury industry saw earnings growing at 17.3% annually. Revenues have been declining at an average rate of 44% per year. Surat Trade and Mercantile's return on equity is 3.9%, and it has net margins of 13.3%.
Key information
-20.7%
Earnings growth rate
-20.9%
EPS growth rate
| Luxury Industry Growth | 17.6% |
| Revenue growth rate | -44.0% |
| Return on equity | 3.9% |
| Net Margin | 13.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Surat Trade and Mercantile makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 582 | 77 | 25 | 0 |
| 30 Sep 23 | 555 | 68 | 24 | 0 |
| 30 Jun 23 | 389 | 69 | 25 | 0 |
| 31 Mar 23 | 253 | 30 | 26 | 0 |
| 31 Dec 22 | 126 | 31 | 26 | 0 |
| 30 Sep 22 | -157 | 57 | 20 | 0 |
| 30 Jun 22 | 0 | -6 | 23 | 0 |
| 31 Mar 22 | 0 | 8 | 22 | 0 |
| 31 Dec 21 | 744 | 28 | 32 | 0 |
| 30 Sep 21 | 1,162 | 92 | 34 | 0 |
| 30 Jun 21 | 1,380 | 137 | 33 | 0 |
| 31 Mar 21 | 0 | -2 | 17 | 0 |
| 31 Dec 20 | 1,168 | 78 | 33 | 0 |
| 30 Sep 20 | 1,208 | 52 | 32 | 0 |
| 30 Jun 20 | 1,504 | 72 | 32 | 0 |
| 31 Mar 20 | 1,803 | 78 | 32 | 0 |
| 31 Dec 19 | 1,926 | 157 | 29 | 0 |
| 30 Sep 19 | 1,970 | 118 | 29 | 0 |
| 30 Jun 19 | 2,081 | 124 | 27 | 0 |
| 31 Mar 19 | 2,163 | 121 | 30 | 0 |
| 31 Dec 18 | 2,214 | 75 | 27 | 0 |
| 30 Sep 18 | 2,272 | 82 | 30 | 0 |
| 30 Jun 18 | 2,054 | 69 | 35 | 0 |
| 31 Mar 18 | 2,005 | 82 | 35 | 0 |
| 31 Dec 17 | 1,727 | 107 | 35 | 0 |
| 30 Sep 17 | 1,571 | 153 | 33 | 0 |
| 30 Jun 17 | 1,513 | 165 | 30 | 0 |
| 31 Mar 17 | 1,387 | 166 | 29 | 0 |
| 31 Dec 16 | 1,451 | 135 | 42 | 0 |
| 30 Sep 16 | 1,351 | 113 | 42 | 0 |
| 30 Jun 16 | 1,171 | 79 | 42 | 0 |
| 31 Mar 16 | 1,172 | 61 | 42 | 0 |
| 31 Dec 15 | 977 | 10 | 66 | 0 |
| 30 Sep 15 | 927 | -19 | 70 | 0 |
| 30 Jun 15 | 1,130 | -11 | 77 | 0 |
| 31 Mar 15 | 1,276 | 26 | 58 | 0 |
| 31 Dec 14 | 1,484 | 34 | 99 | 0 |
| 30 Sep 14 | 1,544 | 13 | 102 | 0 |
| 30 Jun 14 | 1,666 | 34 | 103 | 0 |
| 31 Mar 14 | 1,815 | 12 | 104 | 0 |
| 31 Dec 13 | 2,040 | 9 | 95 | 0 |
| 30 Sep 13 | 2,302 | 73 | 95 | 0 |
| 30 Jun 13 | 2,305 | 89 | 94 | 0 |
Quality Earnings: 530185 has a large one-off gain of ₹51.7M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 530185's current net profit margins (13.3%) are lower than last year (24.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 530185's earnings have declined by 20.7% per year over the past 5 years.
Accelerating Growth: 530185's earnings growth over the past year (149.7%) exceeds its 5-year average (-20.7% per year).
Earnings vs Industry: 530185 earnings growth over the past year (149.7%) exceeded the Luxury industry -3%.
Return on Equity
High ROE: 530185's Return on Equity (3.9%) is considered low.