What we do Surat Trade & Mercantile Ltd, originally a textile manufacturer, is now focused on commodity trading, particularly metals like silver and copper, operating through its three plants in Surat, India. |
Founded in 1,945 |
Market share A niche player in commodity trading with a growing domestic footprint in India. |
Problem solved Provides a trading platform for commodities, helping manage price risks and market volatility for metals and related products. |
Top clients or who we serve Primarily B2B commodity markets, including metals and industrial sectors in India. |
Key management Alok P. Shah, Managing Director with strategic leadership in evolving business segments. |
Our journey and innovations Founded as a textile mill in 1945, transitioned to commodity trading after selling manufacturing assets in 2022, adapting to market opportunities. |
Where we operate Mainly in India with a focus on domestic commodity markets. |
Top products or what we offer Commodity trading in metals such as silver and copper; previously manufactured polyester fiber and yarns. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely from commodity trading activities which are cyclical but managed with hedging to reduce volatility. |
Our industry position Growing position in commodity trading in India, with strong risk management cushioning market volatility. |
Financial highlights FY2025 revenue Rs. 68.64 crore from commodity trading, EBITDA Rs. 9.96 crore; modest profit growth despite volatile market. |
Geographical revenue split 100% revenue derived from within India. |
Order book - |
Whats driving growth Increased commodity trading volumes, strategic fund deployment, and strong risk management amid volatile markets. |
Our future plans Expand commodity trading activities, explore gold trading, and enhance investment in high-performance funds. |
Our green promise Committed to environmental and social responsibility, with sustainable business practices. |
Our people and values Cordial workforce relations with 26 employees fostering ethical business practices and compliance. |
Key challenges ahead Volatility in commodity prices driven by geopolitical tensions and trade uncertainties. |
Interesting facts Company has evolved through multiple name changes and business models since 1945. |
Risks and strategy Mitigates commodity price volatility through hedging and diversification; prudent investment and risk management policies. |
