---
title: "Navketan Merchants Ltd (1273181) — Share Price, Financials & Analysis"
symbol: "1273181"
company: "Navketan Merchants Ltd"
canonical: "https://tapetide.com/stocks/1273181"
sector: "Consumer Discretionary"
industry: "Retailing"
generated_at: "2026-09-13T18:48:18.161Z"
---

# Navketan Merchants Ltd (1273181)

Canonical page: https://tapetide.com/stocks/1273181

## Company

- **Sector:** Consumer Discretionary
- **Industry:** Retailing
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2015-12-30
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** navketanmerchants.com

## About

Navketan Merchants Limited trades in yarns and sarees in India.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.09 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.13% over last 3 years.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 14% |
| revenue growth | 100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.17 | 0.18 | 0.02 | 0.11 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0.04 |
| Expenses | 0.18 | 0.16 | 0.04 | 0.16 | 0.03 | 0.03 | 0.05 | 0.02 | 0.02 | 0.01 | 0.04 | 0.05 |
| Operating Profit | -0.01 | 0.02 | -0.02 | -0.05 | -0.03 | -0.01 | -0.05 | -0.02 | -0.02 | -0.01 | -0.04 | -0.01 |
| OPM % | -5.88 | 11.11 | -100 | -45.45 | — | -50 | — | — | — | — | — | -25 |
| Other Income | 0.02 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0.03 | 0 | 0.02 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.01 | 0.02 | -0.02 | -0.05 | -0.02 | -0.01 | -0.05 | 0.01 | -0.02 | 0.01 | -0.04 | -0.01 |
| Tax % | 0 | 50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.01 | 0.01 | -0.02 | -0.05 | -0.02 | -0.01 | -0.05 | 0.01 | -0.02 | 0.01 | -0.04 | -0.01 |
| EPS in Rs | 0 | 0 | -0.01 | -0.01 | -0.01 | 0 | -0.01 | 0 | -0.01 | 0 | -0.01 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.03 | 0.04 | 3.23 | 10.35 | 0.89 | 2.37 | 6.32 | 0.15 | 0 | 0.04 |
| Expenses | 0.03 | 0.04 | 3.11 | 10.3 | 0.84 | 2.32 | 6.32 | 0.26 | 0.1 | 0.12 |
| Operating Profit | 0 | 0 | 0.12 | 0.05 | 0.05 | 0.05 | 0 | -0.11 | -0.1 | -0.08 |
| OPM % | 0 | 0 | 3.72 | 0.48 | 5.62 | 2.11 | 0 | -73.33 | — | -200 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0.02 | 0.05 | 0.02 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0.12 | 0.04 | 0.05 | 0.05 | 0.04 | -0.09 | -0.05 | -0.06 |
| Tax % | — | — | 16.67 | 25 | 20 | 20 | 25 | 0 | 0 | — |
| Net Profit | 0 | 0 | 0.1 | 0.03 | 0.03 | 0.03 | 0.02 | -0.09 | -0.05 | -0.06 |
| EPS in Rs | 0 | 0 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | -0.02 | -0.01 | -0.02 |
| Dividend Payout % | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 36.06 | 36.06 | 36.06 | 36.06 | 36.06 | 36.06 | 36.06 | 36.06 |
| Reserves | -0.08 | -0.08 | 7.29 | 7.32 | 7.35 | 7.38 | 7.41 | 7.31 | 7.26 | 7.21 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0.06 | 0.14 | 0.18 | 0.02 | 0.03 | 0.01 | 0 | 0.04 |
| Total Liabilities | 2.92 | 2.92 | 43.41 | 43.52 | 43.59 | 43.46 | 43.5 | 43.38 | 43.32 | 43.31 |
| Fixed Assets | 0 | 0 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.61 | 0.44 | 15.67 | 23.09 | 0.68 | 1.01 | 1.15 | 1.13 | 1.21 | 0 |
| Other Assets | 2.31 | 2.48 | 27.73 | 20.42 | 42.91 | 42.45 | 42.35 | 42.25 | 42.11 | 43.31 |
| Total Assets | 2.92 | 2.92 | 43.41 | 43.52 | 43.59 | 43.46 | 43.5 | 43.38 | 43.32 | 43.31 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | — | -41.57 | -0.12 | -0.01 | 0.32 | 2.83 | 0.11 | 0.07 |
| Cash from Investing Activity | — | — | — | 1.21 | 0 | 0 | -0.32 | -2.84 | 0.01 | -0.08 |
| Cash from Financing Activity | — | — | — | 40.33 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | — | — | — | -0.03 | -0.12 | -0.01 | 0 | 0 | 0.12 | -0.01 |
| Free Cash Flow | — | — | — | -41.58 | -0.12 | -0.01 | 0.32 | 2.83 | 0.11 | 0.07 |
| CFO/OP | — | — | — | -34642 | -200 | 0 | 660 | — | -109 | -70 |

### Ratios

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 0 | 9763.75 | 132.21 | 140 | 2198.2 | 822.41 | 1042.44 | 44554.33 | — |
| Inventory Days | — | 0 | 0 | 3133.92 | 594.8 | 8529.19 | 2539.65 | 6.49 | 84.23 | — |
| Days Payable | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Cash Conversion Cycle | — | 0 | 9763.75 | 3266.14 | 734.81 | 10727.39 | 3362.05 | 1048.93 | 44638.56 | — |
| Working Capital Days | — | 27983.33 | 9763.75 | 3109.85 | 714.13 | 17520 | 6531.5 | 2443.54 | 102467.67 | — |
| ROCE % | 0 | 0 | 0 | 0.52 | 0.09 | 0.12 | 0.12 | 0 | -0.21 | -0.16 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Dec 2020 |
| --- | --- | --- | --- | --- | --- |
| Public | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 1312 | 1434 | 1473 | 1504 | 1556 |

### Quarterly

| Category | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Public | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 1434 | 1437 | 1455 | 1468 | 1473 | 1482 | 1496 | 1500 | 1504 | 1514 | 1556 | 1556 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539525/67406539525.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539525/5395250319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539525/5395250318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539525/5395250317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539525/5395250316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:48:18.161Z.