SV Trading & Agencies Ltd Q1 FY26: “Stock or Shell? That is the ₹7.71 Crore Question”
1. At a Glance
Once a humble trading firm, now a publicly listed enigma. No sales. No operating profit. A P&L that survives off “Other Income.” And yet—trading at 0.31x Book Value. Welcome to India’s most mysterious ₹13 Cr company.
2. Introduction with Hook
Imagine a dhobi with a branded ironing board, but no clothes to press. That’s S.V. Trading & Agencies Ltd.
Stock price: ₹7.71
Book value: ₹24.8
Annual Sales: ₹0.00
Profits? Thanks to the magic of “Other Income.”
You don’t see this every day. Unless, of course, you have a front-row seat to the BSE’s under-₹10 comedy show.
3. Business Model (WTF Do They Even Do?)
S.V. Trading claims to engage in:
General Trading & Merchandise
Exports, imports, speculation, and distribution
Agencies & Brokerage
Acting as brokers, agents, and “representatives” for unspecified manufacturers
Translation: They’re registered to do a lot, but they’ve done nothing in years.
Actual Revenue: ₹0 for the last five years. Actual Product Sold: 🤷♂️
4. Financials Overview
P&L Snapshot (₹ in Cr)
Year
Sales
Other Income
Net Profit
FY23
0.00
1.08
0.65
FY24
0.00
1.21
0.74
FY25
0.00
1.25
0.92
Yes, you read that right. This company is essentially:
