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Varun Mercantile

512511 BSE
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MCP

No trades in 1Y

Key Fundamentals

MicrocapCommercial ServicesServices

Price-based figures · EPS basis: Standalone · TTM

ROCE
4.04%
Debt to Equity
0.00
EPS (TTM)
₹0.55
Book Value
₹27.69
Market Cap
—
P/E (TTM)
—
P/B
—
ROE
2.20%
Dividend Yield
0.00%
EBITDA
₹20.00 L
52W High
—
52W Low
—

Key Insights

Strengths

2
  • Company is almost debt free.
  • Stock is trading at 0.04 times its book value

Weaknesses

2
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 2.19% over last 3 years.

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallNeutral0190
OscillatorsNeutral090
Moving AveragesNeutral0100

Key readings

RSI (14)
—
Neutral
MACD (12,26,9)
—
Neutral
SMA (50)
—
Neutral
SMA (200)
—
Neutral

As of , the latest day with price data, so these readings are not current.

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y−100.00%
5YZero base
3YZero base
1YZero base
TTMZero base

Net profit

Net profit growth by window
10Y−0.80%
5Y+19.14%
3Y+19.68%
1Y−7.69%
TTM−26.67%

Operating cash flow

Operating cash flow growth by window
10YOutflow widened by ₹0.23 Cr
5YOutflow widened by ₹0.25 Cr
3YOutflow widened by ₹0.19 Cr
1YOutflow narrowed by ₹0.48 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10YNo sales
5YNo sales
3YNo sales
1YNo sales
TTMNo sales

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹0.00 Cr
Mar 2018₹0.00 Cr
Mar 2019₹0.00 Cr
Mar 2020₹0.00 Cr
Mar 2021₹0.00 Cr
Mar 2022₹0.00 Cr
Mar 2023₹0.00 Cr
Mar 2024₹0.00 Cr
Mar 2025₹0.00 Cr
Mar 2026₹0.00 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹0.01 Cr
Mar 2018₹0.06 Cr
Mar 2019₹0.08 Cr
Mar 2020₹0.07 Cr
Mar 2021₹0.05 Cr
Mar 2022₹0.03 Cr
Mar 2023₹0.07 Cr
Mar 2024₹0.10 Cr
Mar 2025₹0.13 Cr
Mar 2026₹0.12 Cr

Quarterly Results

₹ Cr
512511 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
0
0
0
0
0
0
0
0
0
0
0
0
0
Expenses
0.03
0.04
0.04
0.03
0.04
0.04
0.04
0.05
0.03
0.05
0.03
0.04
0.04
Operating Profit
−0.03
−0.04
−0.04
−0.03
−0.04
−0.04
−0.04
−0.05
−0.03
−0.05
−0.03
−0.04
−0.04
Other Income
0.07
0.08
0.09
0.09
0.09
0.1
0.1
0.1
0.1
0.1
0.09
0.09
0.09
Interest
0
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
0
PBT
0.04
0.04
0.05
0.06
0.05
0.06
0.06
0.05
0.07
0.05
0.06
0.05
0.05
Tax %
50%
50%
40%
33.33%
40%
33.33%
33.33%
40%
28.57%
40%
33.33%
40%
40%
Net Profit
0.02
0.02
0.03
0.03
0.03
0.04
0.04
0.03
0.04
0.03
0.03
0.03
0.02
EPS (₹)
0.1
0.1
0.15
0.15
0.15
0.2
0.2
0.15
0.2
0.15
0.15
0.15
0.1

Profit & Loss

₹ Cr
512511 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
0.38
0.38
0
0
0
0
0
0
0
0
0
0
0
Expenses
0.03
0.13
0.25
0.18
0.18
0.18
0.18
0.16
0.12
0.15
0.15
0.16
0.16
Operating Profit
0.35
0.25
−0.25
−0.18
−0.18
−0.18
−0.18
−0.16
−0.12
−0.15
−0.15
−0.16
−0.16
OPM %
92.11%
65.79%
—
—
—
—
—
—
—
—
—
—
—
Other Income
0
0
0.36
0.32
0.35
0.34
0.3
0.25
0.26
0.33
0.38
0.38
0.37
Interest
0
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
0
PBT
0.35
0.25
0.11
0.14
0.17
0.16
0.12
0.09
0.14
0.18
0.23
0.22
0.21
Tax %
28.57%
48%
100%
57.14%
52.94%
56.25%
58.33%
66.67%
50%
44.44%
43.48%
45.45%
—
Net Profit
0.25
0.13
0.01
0.06
0.08
0.07
0.05
0.03
0.07
0.1
0.13
0.12
0.11
EPS (₹)
1.26
0.65
0.05
0.3
0.4
0.35
0.25
0.15
0.35
0.5
0.65
0.6
0.55
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
512511 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
Reserves
2.67
2.81
2.81
2.88
2.95
3.03
3.07
3.1
3.17
3.27
3.4
3.52
Borrowings
0
0
0
0
0
0
0
0
0
0
0
0
Other Liabilities
0.03
0.1
0.02
0.05
0.06
0.03
0.13
0.02
0.01
0
0.01
0.02
Total Liabilities
4.69
4.9
4.82
4.92
5
5.05
5.19
5.11
5.17
5.26
5.4
5.53
Fixed Assets
0
0
0
0
0
0
0
0
0
0
0
0
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
1
0.5
0
0
0
0
0
0
0
0.5
0
0
Other Assets
3.69
4.4
4.82
4.92
5
5.05
5.19
5.11
5.17
4.76
5.4
5.53
Total Assets
4.69
4.9
4.82
4.92
5
5.05
5.19
5.11
5.17
5.26
5.4
5.53

Cash Flow

₹ Cr
512511 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−0.14
−0.16
−0.46
−0.27
−0.31
−0.25
−0.14
−0.31
−0.2
−0.27
−0.87
−0.39
Investing
0.38
0.88
0.86
0.32
0.33
0.34
0.3
0.25
0.26
−0.17
0.88
0.38
Financing
0
0
0
0
0
0
0
0
0
0
0
0
Net Cash Flow
0.24
0.72
0.4
0.05
0.02
0.09
0.15
−0.06
0.06
−0.44
0.01
−0.01
Free Cash Flow
−0.14
−0.16
−0.46
−0.27
−0.31
−0.25
−0.14
−0.31
−0.2
−0.27
−0.87
−0.39
CFO/EBITDA
−11
−12
120
117
122
89
33
156
117
127
520
181

Ratios

512511 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
0
0
—
—
—
—
—
—
—
—
—
—
Cash Conversion Cycle
0
0
—
—
—
—
—
—
—
—
—
—
Working Capital Days
86.45
0
—
—
—
—
—
—
—
—
—
—
ROCE %
7.71%
5.29%
2.29%
2.9%
3.47%
3.21%
2.38%
1.77%
2.73%
3.45%
4.32%
4.04%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Varun Mercantile insights

47 extracted metrics across FY09–FY27.

Shareholding Pattern

As of Sep 2026

  • Public 51.98%
  • Others 48.02%

Pledge data not available

Change since Jun 2026

Documents

Frequently Asked Questions about Varun Mercantile

What does Varun Mercantile Ltd do?
Varun Mercantile The Company will Continue to keep its focus in the trading of general commodities.
Where is Varun Mercantile Ltd (VARUNME) listed?
Varun Mercantile Ltd trades under code 512511 on the BSE.
Which sector does Varun Mercantile Ltd belong to?
Varun Mercantile Ltd is classified under the Commercial Services sector, in the Diversified Services industry.
What is the Return on Equity (ROE) of Varun Mercantile Ltd?
Varun Mercantile Ltd reported a return on equity of 2.20%. Its debt-to-equity ratio is 0.00.

Company Information

Varun Mercantile The Company will Continue to keep its focus in the trading of general commodities.

Website vml.org.in
Listed 25 Feb 2022
Face Value ₹10

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