Mercantile Ventures Limited

BSE: MERCANTILE538942ISIN INE689O01013

Services
Diversified Commercial Services

BSE listing

Share price

₹23.66+1.56 (+7.06%)

as of 18 Sep 2026

52W high: ₹33.75
52W low: ₹17.50
Off 52W high: -29.90%
1M return: -3.43%
3M return: -5.51%
6M return: +14.80%
1Y return: -22.58%
20D avg volume: 1,18,647
50 DMA: ₹24.71
200 DMA: ₹23.99

Key ratios Consolidated

Market cap: ₹264.80 Cr
Current price: ₹23.66
52W high / low: ₹33.75 / ₹17.50
Face value: ₹10.00
P/E: 47.63
P/B: —
EPS (TTM): ₹0.50
Book value / share: —
ROE: —
ROCE: 0.90%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-7.47 Cr
Interest cover: 23.73
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 68.2 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	23.03	23.67	25.07	23.51	21.08	19.26	—
	2.48	2.09	0.67	0.11	0.13	1.96	—
	23.35	24.16	24.88	23.17	21.64	19.48	—
	7.82	9.14	8.39	8.88	7.83	7.32	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	13.29	12.35	14.34	11.87	10.92	9.65	—
	0.06	0.01	0.04	0.00	0.05	0.03	—
	0.20	0.26	0.21	0.21	0.21	0.25	—
	1.97	2.40	1.90	2.21	2.63	2.24	—
	2.16	1.60	0.87	0.46	-0.43	1.74	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	2.16	1.60	0.87	0.46	-0.43	1.74	—
	0.94	-0.36	0.05	0.50	0.26	-5.26	—
	-0.65	1.95	2.86	1.41	-0.87	9.09	—
	0.06	0.31	0.25	0.13	-0.08	0.81	—
Key metrics
	2.42	1.87	1.12	0.67	-0.17	2.02	—
	10.50%	7.90%	4.50%	2.80%	-0.80%	10.50%	—
	-2.80%	8.20%	11.40%	6.00%	-4.10%	47.20%	—
	—	0.60%	—	0.10%	—	0.50%	—
	9.30%	22.90%	—	—	—	—	—
	25.30%	-78.50%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	95.28	93.34	72.19	—
	5.35	3.01	12.87	—
	95.56	93.85	71.96	—
	34.23	34.23	27.73	—
	0.00	0.00	0.00	—
	51.85	49.47	35.40	—
	0.11	0.11	0.20	—
	0.88	0.90	0.93	—
	8.48	9.14	7.70	—
	5.09	2.50	13.09	—
	0.00	0.00	0.00	—
	5.09	2.50	13.09	—
	1.13	0.45	-3.17	—
	5.57	1.99	17.32	—
	0.75	0.62	1.55	—
Key metrics
	6.08	3.51	14.22	—
	6.38%	3.80%	19.70%	—
	5.85%	2.10%	24.00%	—
	—	0.90%	3.60%	—
	—	29.30%	—	—
	—	-88.50%	—	—
	—	0.70	-37.77	—
	—	0.42	-1.89	—
	—	0.00	0.00	—
	—	-7.47	-7.22	—
	—	68.2	81.8	—
Balance sheet
	—	306.01	390.59	—
	—	65.20	73.40	—
	—	7.47	7.22	—
	—	17.41	16.50	—
	—	0.08	0.00	—
	—	4.11	3.51	—
	—	90.64	91.41	—
	—	0.04	0.31	—
	—	17.99	19.35	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	281.12	344.16	—
Cash flow
	—	0.83	-32.81	—
	—	-0.22	-18.28	—
	—	-0.36	0.24	—
	—	0.13	4.96	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q4 FY24
Income statement
	10.20	10.73	10.78	11.23	10.20	9.77	—
	1.67	1.98	0.50	0.00	0.01	1.70	—
	10.19	11.63	10.79	10.98	10.35	9.70	—
	7.86	9.12	8.57	8.86	7.88	7.36	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	0.36	0.38	0.35	0.35	0.34	0.32	—
	0.06	0.01	0.04	0.00	0.05	0.03	—
	0.19	0.24	0.19	0.20	0.20	0.22	—
	1.71	1.88	1.65	1.58	1.88	1.77	—
	1.68	1.08	0.49	0.24	-0.14	1.77	—
	0.00	0.00	0.00	0.00	0.00	0.00	—
	1.68	1.08	0.49	0.24	-0.14	1.77	—
	0.95	-0.33	-0.01	0.42	0.27	-4.60	—
	0.72	1.40	0.48	-0.19	-0.43	6.36	—
	0.07	0.13	0.04	-0.02	-0.04	0.57	—
Key metrics
	1.93	1.33	0.72	0.44	0.11	2.02	—
	18.90%	12.40%	6.70%	3.90%	1.10%	20.70%	—
	7.10%	13.00%	4.50%	-1.70%	-4.20%	65.10%	—
	—	0.40%	—	0.10%	—	0.50%	—
	0.00%	9.80%	—	—	—	—	—
	267.40%	-78.00%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	42.94	42.93	36.56	—
	4.15	2.50	2.32	—
	43.59	43.76	36.35	—
	34.41	34.43	27.78	—
	0.00	0.00	0.00	—
	1.44	1.42	1.38	—
	0.11	0.11	0.20	—
	0.82	0.83	0.84	—
	6.82	6.97	6.14	—
	3.49	1.67	2.54	—
	0.00	0.00	0.00	—
	3.49	1.67	2.54	—
	1.03	0.35	-4.40	—
	2.41	1.27	6.89	—
	0.22	0.12	0.62	—
Key metrics
	4.42	2.61	3.58	—
	10.29%	6.10%	9.80%	—
	5.61%	3.00%	18.80%	—
	—	0.60%	0.80%	—
	—	17.40%	—	—
	—	-81.60%	—	—
	—	-69.76	-13.01	—
	—	-54.88	-1.14	—
	—	0.00	0.00	—
	—	-0.66	-0.77	—
	—	53.6	73.9	—
Balance sheet
	—	285.76	356.61	—
	—	42.15	49.23	—
	—	0.66	0.77	—
	—	6.30	7.69	—
	—	0.00	0.00	—
	—	0.24	0.24	—
	—	72.47	73.24	—
	—	0.00	0.29	—
	—	8.69	13.20	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	0.00	0.00	—
	—	274.51	328.27	—
Cash flow
	—	-69.70	-7.84	—
	—	68.58	6.55	—
	—	0.00	0.00	—
	—	0.06	5.17	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Sales CAGR 10Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Profit CAGR 10Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 72.76%

Holder	Type	Holding	Previous	Change
TRINITY AUTO POINTS LTD	Promoter Group	31.59%	—	—
SOUTH INDIA TRAVELS PVT LTD	Promoter	16.63%	—	—
SOUTHERN PETROCHEMICAL INDUSTRIES CORPORATIONLIMITED	Public	13.43%	—	—
RANFORD INVESTMENTS LTD	Promoter	6.98%	—	—
SICAGEN INDIA LIMITED	Promoter	6.90%	—	—
DARNOLLY INVESTMENTS LTD	Promoter	5.75%	—	—
TWINSHIELD CONSULTANTS PRIVATE LIMITED	Promoter Group	4.72%	—	—
SPIC GROUP COMPANIES EMPLOYEES WELFARE FOUNDATION	Public	2.03%	—	—
SPIC OFFICERS AND STAFF WELFARE FOUNDATION	Public	1.84%	—	—
FIRST LEASING CO OF INDIA LTD	Promoter	0.16%	—	—
NAVIA MARKETS LIMITED	Promoter	0.01%	—	—
A C MUTHIAH	Promoter Group	0.01%	—	—
AL VADIVELU	Promoter	0.01%	—	—
ASHWIN C MUTHIAH	Promoter Group	0.00%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Newspaper Advertisement - 25th Annual General Meeting31 Aug 2026 · Company Update / Newspaper Publication
25th Annual General Meeting of the Company scheduled to be held on Thursday, 24th September 2026 at 11:00 A.M. (IST) through Video Conferencing.29 Aug 2026 · AGM/EGM / AGM
Annual report of the Company for the FY 2025-2629 Aug 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Advertisement28 Aug 2026 · Company Update / Newspaper Publication
Effectiveness of Scheme of Amalgamation of M/s. Walery Security Management Limited (Transferor Company), a subsidiary of the Company with M/s. i3 Security Private Limited (Transferee Company), ....22 Aug 2026 · Company Update / Scheme of Arrangement
Newspaper Advertisement15 Aug 2026 · Company Update / Newspaper Publication
25th Annual General Meeting (AGM) of the Company.14 Aug 2026 · Company Update / General
Re-appointment of Mr. E N Rangaswami (DIN: 06463753) as Wholetime Director14 Aug 2026 · Company Update / Change in Management
Unaudited Standalone and Consolidated financial results of the Company for the Quarter ended June 30, 202614 Aug 2026 · Board Meeting / Outcome of Board Meeting
Results14 Aug 2026 · Result / Financial Results
Outcome of the Board meeting14 Aug 2026 · Company Update / General
Mercantile Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/08/2026 ,inter alia, to consider and approve the unaudited Standalone ....10 Aug 2026 · Board Meeting / Board Meeting
Allotment pursuant to Scheme of Amalgamation4 Aug 2026 · Company Update / Allotment of Equity Shares
Intimation regarding effectiveness of the Scheme of Amalgamation and filing of Form INC 28 on 23.07.2026.23 Jul 2026 · Company Update / Scheme of Arrangement
Intimation of Hon''ble NCLT Order sanctioning the Scheme of Amalgamation of M/s. Walery Security Management Limited (Transferor Company), a subsidiary of the Company with M/s. i3 Security ....22 Jul 2026 · Company Update / Scheme of Arrangement
Regulation 42 - SEBI LODR - The record date is fixed on Friday, 24th July 2026, for the purpose of determining the eligible shareholders of India Radiators Limited (Transferor Company) ....13 Jul 2026 · Corp. Action / Amalgamation / Merger / Demerger
Outcome of the circular resolution passed on July 13th 202613 Jul 2026 · Company Update / Scheme of Arrangement
Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 20187 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Pronouncement of Order approving Scheme of Amalgamation by Hon''ble National Company Law Tribunal, Division Bench (Court - I), Chennai.7 Jul 2026 · Company Update / Scheme of Arrangement
Intimation under regulation 306 Jul 2026 · Company Update / Scheme of Arrangement
Intimation of Trading Window Closure29 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper Advertisement11 Jun 2026 · Company Update / Newspaper Publication
Copies of Newspaper Advertisement29 May 2026 · Company Update / Newspaper Publication
Annual Secretarial Compliance Report for the year ended 31.03.202629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Audited financial results (Standalone & Consolidated) of the Company for the quarter and year ended 31st March 2026.27 May 2026 · Company Update / General
Audited financial results for the quarter and year ended 31st March 202627 May 2026 · Result / Financial Results
Audited financial results for the quarter and year ended 31st March 202627 May 2026 · Board Meeting / Outcome of Board Meeting
Mercantile Ventures Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve the Audited Standalone ....21 May 2026 · Board Meeting / Board Meeting
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....30 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Newspaper Advertisement15 Apr 2026 · Company Update / Newspaper Publication
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st March 20269 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Closure of Trading Window26 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Filing of Second motion petition with Hon''ble National Company Law Tribunal, Chennai23 Mar 2026 · Company Update / Scheme of Arrangement
Scrutinizer report of NCLT Convened Unsecured Creditors meeting of the Company held on 13.03.202617 Mar 2026 · AGM/EGM / Court Convened Meeting
Scrutinizer report of NCLT Convened Equity Shareholders meeting of the Company held on 13.03.202617 Mar 2026 · AGM/EGM / Court Convened Meeting
Outcome of the NCLT Convened Unsecured Creditors of the Company held on Friday 13th March 2026.13 Mar 2026 · AGM/EGM / Court Convened Meeting
Outcome of the NCLT Convened Unsecured Creditors meeting of the Company held on Friday, 13th March 2026.13 Mar 2026 · Company Update / Scheme of Arrangement
Outcome of the NCLT Convened Equity Shareholders meeting of the Company held on Friday, 13th March 2026.13 Mar 2026 · Company Update / Scheme of Arrangement
Outcome of the NCLT convened Equity Shareholders meeting of the Company held on Friday, 13th March 2026.13 Mar 2026 · AGM/EGM / Court Convened Meeting
Newspaper Advertisement dated February 10, 202610 Feb 2026 · Company Update / Newspaper Publication

Board meetings

14 Aug 2026 Board Meeting - Financial Results