Paul Merchants Ltd.

BSE: PML539113ISIN INE291E01019

Financial Services
Other Financial Services

Share price

₹449.50+4.45 (+1.00%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹684.95
52W low: ₹356.60
Off 52W high: -34.37%
1M return: -8.27%
3M return: -12.26%
6M return: -23.40%
1Y return: -31.74%
20D avg volume: 104
50 DMA: ₹483.16
200 DMA: ₹522.12

Key ratios Consolidated

Market cap: ₹138.63 Cr
Current price: ₹449.50
52W high / low: ₹684.95 / ₹356.60
Face value: ₹10.00
P/E: -14.13
P/B: 0.15
EPS (TTM): ₹-31.82
Book value / share: ₹2,909.44
ROE: —
ROCE: 2.20%
Operating margin: —
Net margin: —
Debt / equity: 0.01
Net debt: ₹-19.28 Cr
Interest cover: 18.33
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 4.5 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	480.77	482.12	504.79	593.41	493.30	582.46	808.80	1,038	1,063	—
	10.39	8.58	15.50	12.91	3.83	0.63	1.06	1.70	0.97	—
	491.17	490.70	520.30	606.32	497.13	583.09	809.86	1,040	1,064	—
	477.74	484.32	509.73	602.81	498.82	587.03	785.17	1,019	1,046	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	462.21	460.12	486.34	575.65	484.29	559.89	732.27	965.27	993.72	—
	10.74	10.46	9.61	9.85	7.43	6.36	16.66	16.62	16.04	—
	0.17	0.16	0.16	0.24	0.53	0.53	14.99	14.39	12.76	—
	1.26	1.61	1.61	1.42	0.83	1.07	1.65	1.67	1.55	—
	8.70	10.59	10.39	13.18	9.98	11.34	20.75	22.21	24.44	—
	13.42	6.38	10.57	3.52	-1.69	-3.94	24.68	20.63	18.18	—
	0.00	0.00	-0.05	0.00	0.00	0.00	-1.26	0.00	0.00	—
	13.42	6.38	10.52	3.52	-1.69	-3.94	23.43	20.63	18.18	—
	4.52	1.66	2.54	4.59	0.84	-0.19	5.70	4.53	4.86	—
	8.91	2.29	-14.40	-6.62	287.46	16.69	17.73	16.10	13.32	—
	28.88	15.21	-46.69	-21.45	932.11	54.13	57.47	52.21	43.18	—
Key metrics
	14.85	8.15	12.29	5.18	-0.33	-2.34	40.07	36.69	32.49	—
	3.10%	1.70%	2.40%	0.90%	-0.10%	-0.40%	5.00%	3.50%	3.10%	—
	1.90%	0.50%	-2.90%	-1.10%	58.30%	2.90%	2.20%	1.60%	1.30%	—
	—	0.70%	—	0.40%	—	-0.20%	—	—	—	—
	-2.50%	-17.20%	-37.60%	-42.80%	-53.60%	—	—	—	—	—
	-96.90%	-86.30%	-181.20%	-141.10%	2,058.10%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	2,061	2,074	3,335	—
	47.38	40.82	3.26	—
	2,108	2,114	3,338	—
	2,075	2,096	3,348	—
	0.00	0.00	0.00	—
	1,984	2,006	3,251	—
	40.66	37.34	26.89	—
	0.73	1.08	1.96	—
	5.90	5.48	3.81	—
	42.86	44.14	61.08	—
	33.89	18.77	-9.79	—
	-0.05	-0.05	-1.26	—
	33.84	18.72	-11.05	—
	13.31	9.64	1.24	—
	-9.82	268.74	63.84	—
	-24.05	871.41	206.99	—
Key metrics
	40.47	25.28	-5.28	—
	1.96%	1.20%	-0.20%	—
	-0.48%	13.00%	1.90%	—
	—	2.20%	-0.60%	—
	-29.47%	-37.80%	—	—
	-102.91%	321.00%	—	—
	—	400.43	443.74	—
	—	1.53	7.02	—
	—	0.01	0.04	—
	—	-19.28	4.74	—
	—	4.5	1.7	—
Balance sheet
	—	940.06	1,591	—
	—	567.95	87.47	—
	—	29.50	18.65	—
	—	5.28	5.91	—
	—	23.09	12.10	—
	—	2.47	0.90	—
	—	65.58	61.67	—
	—	3.08	2.05	—
	—	36.10	49.57	—
	—	10.22	23.39	—
	—	7.78	15.42	—
	—	2.44	7.97	—
	—	898.09	628.88	—
Cash flow
	—	412.00	447.85	—
	—	-387.35	17.08	—
	—	-13.80	-471.35	—
	—	11.57	4.11	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	469.00	472.02	499.61	591.22	493.07	578.09	749.25	985.41	1,016	—
	4.08	4.28	3.77	18.35	4.63	4.44	4.51	5.00	4.71	—
	473.08	476.30	503.38	609.57	497.69	582.53	753.76	990.42	1,021	—
	471.86	475.85	502.88	594.72	495.88	581.85	751.97	986.74	1,017	—
	0.00	460.17	0.00	0.00	0.00	0.00	—	—	—	—
	462.21	0.00	486.34	578.84	481.09	559.69	731.90	964.36	993.60	—
	6.12	5.57	5.54	5.83	5.80	5.68	6.06	6.38	6.23	—
	0.09	0.08	0.07	0.10	0.29	0.25	0.30	0.30	0.37	—
	0.82	1.04	1.04	0.95	0.73	0.88	0.82	0.78	0.73	—
	7.46	7.23	8.26	9.72	9.00	10.98	14.26	15.89	18.68	—
	1.23	0.45	0.50	14.85	1.81	0.68	1.79	3.67	3.35	—
	0.00	0.00	-0.05	0.00	0.00	0.00	-1.26	—	—	—
	1.23	0.45	0.45	14.85	1.81	0.68	0.53	3.67	3.35	—
	0.36	0.15	0.41	3.43	0.37	0.16	0.37	0.95	0.85	—
	0.86	0.30	0.04	11.42	1.44	0.52	0.16	2.72	2.50	—
	2.80	0.96	0.13	37.03	4.66	1.70	0.53	8.81	8.12	—
Key metrics
	2.14	1.57	1.56	15.90	2.83	1.81	1.65	4.75	4.45	—
	0.50%	0.30%	0.30%	2.70%	0.60%	0.30%	0.20%	0.50%	0.40%	—
	0.20%	0.10%	0.00%	1.90%	0.30%	0.10%	0.00%	0.30%	0.20%	—
	—	0.10%	—	3.00%	—	0.20%	—	—	—	—
	-4.90%	-18.30%	-33.30%	-40.00%	-51.50%	—	—	—	—	—
	-40.30%	-42.30%	-75.00%	319.90%	-42.40%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	2,032	2,056	3,329	—
	30.48	31.03	18.67	—
	2,062	2,087	3,347	—
	2,045	2,069	3,338	—
	460.17	2,006	0.00	—
	1,527	0.00	3,250	—
	23.06	22.75	24.34	—
	0.34	0.54	1.23	—
	3.85	3.76	3.21	—
	32.67	34.20	59.81	—
	17.03	17.61	9.50	—
	-0.05	-0.05	-1.26	—
	16.98	17.56	8.24	—
	4.35	4.37	2.33	—
	12.62	13.19	5.91	—
	40.92	42.77	19.16	—
Key metrics
	21.17	21.86	12.68	—
	1.04%	1.10%	0.40%	—
	0.62%	0.60%	0.20%	—
	—	3.60%	2.00%	—
	-27.58%	-38.20%	—	—
	160.74%	123.20%	—	—
	—	-8.36	-31.19	—
	—	-0.20	-4.60	—
	—	0.01	0.03	—
	—	-5.61	-1.04	—
	—	1.6	1.3	—
Balance sheet
	—	527.27	532.10	—
	—	128.70	227.44	—
	—	12.37	17.34	—
	—	5.00	5.16	—
	—	6.93	8.55	—
	—	2.88	0.86	—
	—	61.14	60.74	—
	—	2.64	1.90	—
	—	29.05	46.51	—
	—	6.76	16.30	—
	—	6.74	15.42	—
	—	0.02	0.88	—
	—	495.22	481.95	—
Cash flow
	—	-2.69	-27.19	—
	—	7.80	33.71	—
	—	-10.08	1.64	—
	—	5.67	4.00	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -27.58%
Profit YoY (TTM): +160.74%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -29.47%
Profit YoY (TTM): -102.91%

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 Sep 2026

Promoter holding: 74.66%

Quarter	September 2026	June 2026
Promoter %	74.66%	74.66%

Holder	Type	Holding	Previous	Change
Rajneesh Bansal	Promoter	28.62%	28.62%	0.00%
Sat Paul Bansal	Promoter	18.04%	18.04%	0.00%
Sarita Bansal	Promoter	18.04%	18.04%	0.00%
Paul Excursions LLP	Promoter Group	9.96%	9.96%	0.00%
VIKRAM GUPTA	Public	3.50%	3.50%	0.00%
VINOD KUMAR GARG	Public	2.38%	2.38%	0.00%
Sandeep Bansal	Promoter	0.00%	0.00%	0.00%
Nita Bansal	Promoter	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
CRISIL Ltd.	32,521	4,447.00	36.31	—	+23.83% TTM	+19.56% TTM	-6.93%
RRP SEMICONDUCTOR LIMITED S	10,960	8,044.35	-1,406.35	-48.10%	-125.76% TTM	-220.15% TTM	-2.51%
OnEMI Technology Solutions Limited	5,619	315.45	—	—	—	—	—
ASSET RECONSTRUCTION COMPANY (INDIA) LIMITED	4,035	124.20	11.47 FY26	—	+24.05% FY26	+4.35% FY26	—
COLAB PLATFORMS LIMITED S	2,497	122.40	510.00	22.30%	+99.71% TTM	+34.16% TTM	-35.27%
GYFTR LIMITED S	1,406	183.00	81.09	5.40%	+1,951.89% TTM	+822.34% TTM	-8.70%
Prime Securities Ltd.	1,012	298.00	217.27	—	+14.40% TTM	-87.30% TTM	-1.86%
Centrum Capital Limited	908	18.66	-4.12	14.70%	+0.53% TTM	-141.77% TTM	-43.37%
Wealth First Portfolio Managers Limited	872	818.00	31.61	30.30%	—	—	-26.90%
REGENCY FINCORP LIMITED S	546	63.45	24.54	—	+137.19% TTM	+127.43% TTM	+62.69%
STELLANT SECURITIES (INDIA) LIMITED	521	916.45	—	—	+41.67% TTM	—	+211.45%
THE INVESTMENT TRUST OF INDIA LIMITED	465	89.00	12.60	8.80%	-22.27% TTM	-14.67% TTM	-36.61%
NDL Ventures Limited S	379	112.65	489.78	2.00%	-100.00% TTM	+13.64% TTM	+26.89%
Corporate Merchant Bankers Limited S	304	47.97	228.43	2.20%	-68.94% TTM	-160.85% TTM	-84.12%
GAMCO LIMITED	232	43.00	-7.87	—	—	—	+3.54%
Kartik Investments Trust Ltd. S	195	8,001.00	37.21	67.20%	+9,666.67% TTM	+26,350.00% TTM	—
Jhaveri Credits & Capital Ltd. S	192	173.30	237.82	1.60%	+153.42% TTM	-67.74% TTM	-11.29%
Alacrity Securities Limited S	185	39.68	56.69	10.30%	-5.63% TTM	-71.54% TTM	-32.11%
Shree Salasar Investment Ltd.	181	259.50	8.35	20.10%	+108.98% TTM	+386.52% TTM	+847.08%
LEXORA GLOBAL LIMITED	159	159.40	553.47	3.40%	—	—	-19.37%
Available Finance Ltd.	145	141.85	0.98	—	+7.02% TTM	+38.45% TTM	-8.95%
Maha Rashtra Apex Corporation Ltd	139	49.40	-4.70	0.60%	+144.32% TTM	-194.19% TTM	—
Paul Merchants Ltd.	139	449.50	-14.13	2.20%	-29.47% TTM	-102.91% TTM	-31.74%
DELPHI WORLD MONEY LIMITED S	136	5.55	24.13	3.30%	-18.21% TTM	+620.51% TTM	-59.00%
Reliable Data Services Limited	127	123.05	13.97	13.10%	+37.18% TTM	-17.59% TTM	-9.52%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Paul Merchants Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/11/2026 ,inter alia, to consider and approve the Un-audited Standalone as ....3 Nov 2026 · Board Meeting / Board Meeting
Intimation under Reg 30 of SEBI (LODR) Regulations 2015 - Credit ratings assigned to wholly owned subsidiary of the Company26 Oct 2026 · Company Update / Credit Rating
Certificate Under Reg 74(5) of SEBI (DP) Regulations 20189 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Announcement under Reg 30 of SEBI (LODR) Regulations, 20151 Oct 2026 · Company Update / General
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 201528 Sep 2026 · Company Update / General
Closure of Trading Window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Announcement under Reg 30 of SEBI (LODR) Regulations, 201519 Sep 2026 · Company Update / General
Intimation under Reg 30 of SEBI (LODR) Regulations, 201519 Sep 2026 · Company Update / Change in Management
Consolidated Scrutinizer''s Report for 42nd AGM of the Company19 Sep 2026 · AGM/EGM / AGM
Information of Voting Results under Reg 44(3) of SEBI (LODR) Regulations, 2015 along with Scrutinizer Report and Final Outcome of AGM19 Sep 2026 · AGM/EGM / AGM
Proceedings of the 42nd AGM of the Company for FY 2025-26 held on Friday, 18th September 2026.18 Sep 2026 · Company Update / General
Proceeding of 42nd Annual General Meeting of Members of the Company for FY 2025-26 held on Friday, September 18, 202618 Sep 2026 · AGM/EGM / AGM
Intimation of Book Closure for the purpose of Annual General Meeting for the Financial Year Ended 2025-2624 Aug 2026 · Corp. Action / Book Closure
Copy of Newspapers Publication - Notice of AGM and E voting21 Aug 2026 · Company Update / Newspaper Publication
Notice of 42nd Annual General Meeting and E Voting21 Aug 2026 · Company Update / General
Dispatch of Notice of 42nd Annual General Meeting of the Company to the shareholders20 Aug 2026 · Company Update / General
Intimation of Dispatch of Letters to Shareholders of the Company20 Aug 2026 · Company Update / General
Notice of 42nd Annual General Meeting20 Aug 2026 · AGM/EGM / AGM
Annual Report for the year 2025-26 including Notice of 42nd Annual General Meeting of the Company20 Aug 2026 · Others / Reg. 34 (1) Annual Report
Copy of Newspaper publication dated 18.08.2026 in respect of information pertaining to holding of Annual General Meeting of the Company through Video Conferencing (VC)/ other audio visual means18 Aug 2026 · Company Update / Newspaper Publication
Intimation of Annual General Meeting, Evoting and Book Closure for the FY 2025-2618 Aug 2026 · Company Update / General
Newspaper Advertisement of Unaudited Financial Results for the quarter ended June 30 202614 Aug 2026 · Company Update / Newspaper Publication
Intimation under Regulation 30 of SEBI (LODR) Reg, 201512 Aug 2026 · Company Update / General
Intimation under Regulation 30 of SEBI (LODR) Regulations, 201512 Aug 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Intimation under regulation 30 - Change in Management12 Aug 2026 · Company Update / Change in Management
Standalone and Consolidated Results for the Quarter ended 30.06.2026 and limited review report thereon.12 Aug 2026 · Result / Financial Results
Standalone and Consolidated Unaudited Financial Results along with Segment Results for the Quarter ended June 30, 2026 and Limited Review Reports issued by Statutory Auditors of the Company ....12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Paul Merchants Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Unaudited Standalone and Consolidated ....4 Aug 2026 · Board Meeting / Board Meeting
Intimation under Reg 30 of SEBI (LODR) Reg, 2015 - Approval of Application for Renewal Cum Amendment of AD Category - II License under the FEMA (Authorised Persons) Regulations, 202631 Jul 2026 · Company Update / General
Disclosure under Reg. 30 SEBI (LODR) Regulations, 2015 - Launch of New Financial Products by material subsidiary, Paul Merchants Finance Private Limited.18 Jul 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI(DP) Regulations, 20159 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Migration of NBFC from Middle Layer to Base Layer - Paul Merchants Finance Private limited a wholly owned subsidiary of the Company.30 Jun 2026 · Company Update / General
Closure of Trading Window26 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Specimen of Reminder Notice to Shareholder regarding transfer of Equity Shares and Unclaimed Dividend to IEPF Authority8 Jun 2026 · Company Update / General
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Specimen of reminder Notice to Shareholder regarding transfer of Equity Share and unclaimed Dividend to IEPF Authority8 Jun 2026 · Company Update / Newspaper Publication
Newspaper Publication of Audited Financial Results for quarter and year ended 31.03.202629 May 2026 · Company Update / Newspaper Publication
Annual Secretarial Compliance Report for FY 2025-2628 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Standalone and Consolidated Audited financial results along with segment results for the financial year ended 31.03.2026 Audit Reports on the Standalone and Consolidated financial results ....27 May 2026 · Board Meeting / Outcome of Board Meeting
Enhancement in the Term Loan Limit granted to Paul Merchants Realtors Private Limited and modification of terms of interest payment on working capital facility allowed to the same company27 May 2026 · Company Update / General
Standalone and Consolidated Audited financial results along with segment results for the financial year ended 31.03.2026 Audit Reports on the Standalone and Consolidated financial results ....27 May 2026 · Result / Financial Results

Board meetings

12 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results