Mercantile Ventures logo

Mercantile Ventures

MERCANTILE NSE

Key Fundamentals

MicrocapDiversified ServicesCommercial Services
Market Cap
₹269 Cr
Volatility
Moderate
P/E Ratio
39.11
EBITDA
₹0.44 Cr
Return on Equity
4.73%
Debt to Equity
0
Book Value
₹24.18
52W High
₹31.9
52W Low
₹19

Tapetide Score

Data-driven rating, 0–100. How it works →

Key Insights

Strengths

2
  • Company is almost debt free.
  • Stock is trading at 0.98 times its book value

Weaknesses

3
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 1.95% over last 3 years.
  • Earnings include an other income of Rs.5.35 Cr.

Growth Rate

Revenue Growth
9.68% lower than 3Y
Net Income Growth
-97.18% lower than 3Y
Cash Flow Change
-184% lower than 3Y
ROE
-312% lower than 3Y
ROCE
-373% lower than 3Y
EBITDA Margin (Avg.)
-97.25% lower than 3Y

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
13.68
15.19
16.13
15.39
16.74
17.84
18.34
19.26
21.08
23.51
25.07
23.67
23.03
Expenses
12.8
14.22
15.13
18.15
16.79
17.16
17.68
19.21
21.39
22.96
24.63
23.9
23.1
Operating Profit
0.88
0.97
1
-2.76
-0.05
0.68
0.66
0.05
-0.31
0.55
0.44
-0.23
-0.07
OPM %
6.43%
6.39%
6.2%
-17.93%
-0.3%
3.81%
3.6%
0.26%
-1.47%
2.34%
1.76%
-0.97%
-0.3%
Other Income
1.1
0.79
-8.33
2.47
8.25
1.1
1.63
1.96
0.13
0.11
0.67
2.09
2.48
Interest
0.29
0.25
0.55
0.24
0.25
0.26
-0.33
0.03
0.05
0
0.04
0.01
0.06
Depreciation
0.25
0.25
0.27
0.21
0.23
0.24
0.21
0.25
0.21
0.21
0.21
0.26
0.2
PBT
1.44
1.26
-8.15
-0.74
7.72
1.28
2.41
1.73
-0.44
0.45
0.86
1.59
2.15
Tax %
289.58%
19.84%
3.44%
74.32%
12.44%
24.22%
34.02%
-304.05%
34.09%
111.11%
5.81%
-7.55%
43.72%
Net Profit
-7.32
1.26
-9.08
-1.28
6.76
0.96
1.59
6.99
-0.6
-0.06
0.81
1.71
1.21
EPS in Rs
-1.05
0.13
-0.45
-0.12
0.5
0.07
0.17
0.81
-0.1
0.13
0.26
0.28
-0.06
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
13.03
18.13
27.14
29.95
34.4
38.24
37.3
37.04
47.15
60.39
72.19
93.34
95.28
Expenses
11.38
15.4
24.49
27.14
31.38
34.34
32.89
34.84
43.77
60.24
70.83
92.9
94.59
Operating Profit
1.65
2.73
2.65
2.81
3.02
3.9
4.41
2.2
3.38
0.15
1.36
0.44
0.69
OPM %
12.66%
15.06%
9.76%
9.38%
8.78%
10.2%
11.82%
5.94%
7.17%
0.25%
1.88%
0.47%
0.72%
Other Income
25.85
6.12
-26.08
5.24
3.82
6.45
6.95
16.32
7.51
-3.96
12.88
3.01
5.35
Interest
0.15
2.25
1.92
0.66
0.54
0.94
0.99
1.08
1.08
1.34
0.2
0.11
0.11
Depreciation
0.34
0.43
1.14
1.17
1.07
1.01
1.01
0.99
0.98
0.99
0.93
0.9
0.88
PBT
27.01
6.17
-26.49
6.22
5.23
8.4
9.36
16.45
8.83
-6.14
13.11
2.44
5.05
Tax %
19.81%
29.98%
5.44%
81.67%
29.06%
-35.36%
31.73%
30.21%
23.56%
23.29%
-24.18%
20.9%
—
Net Profit
21.67
4.32
-27.93
1.14
6.66
21.09
9.38
16.4
16.62
-7.62
16.23
1.94
3.67
EPS in Rs
1.93
0.38
-2.5
0.1
0.6
2.3
1.01
1.03
1.42
-0.71
1.45
0.53
0.61
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
112
112
112
112
112
112
112
112
112
112
112
112
Reserves
151
157
137
142
160
159
191
226
199
221
219
161
Borrowings
14
10.14
5.92
4.12
0.73
0.16
0
0
4
0
0
0
Other Liabilities
17.17
21.26
16.13
13.01
11.76
9.52
9.07
17.9
21.25
63.63
59.82
33.37
Total Liabilities
294
301
271
271
284
281
312
356
337
397
391
306
Fixed Assets
42.76
43.73
85.71
84.66
84.29
76.44
76.89
76.81
76.61
90.42
94.47
93.71
CWIP
0
0
0
44.02
44.02
44.02
44.02
0
0
0
0
0
Investments
42.63
46.26
64.16
65.89
81.37
69.96
89.93
148
177
175
223
150
Other Assets
209
211
121
76.33
74.39
90.62
101
132
82.76
131
73.31
62.79
Total Assets
294
301
271
271
284
281
312
356
337
397
391
306
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
8.88
-19.46
-27.09
4.15
10.23
-9.31
22.72
-6.14
-13.74
39.24
-32.81
0.83
Investing
-17.91
17.45
33.63
-4.11
-4.42
17.01
-12.62
-10.02
9.16
17.23
-18.28
-0.22
Financing
11.75
-2.46
-4.99
-0.07
-3.65
0
0
0
4
-4.57
0.24
-0.36
Net Cash Flow
2.72
-4.46
1.54
-0.02
2.16
7.7
10.09
-16.16
-0.58
51.9
-50.85
0.25
Free Cash Flow
4.81
-20.43
-27.16
5.23
11.82
-13.46
22.59
37.7
-13.79
38.36
-37.77
0.7
CFO/OP
538
-506
-998
187
403
-191
585
-158
-334
27,527
-2,141
639
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
0
61
70.47
69.71
73.42
82.66
74.37
80.51
74.08
79.54
83.43
68.08
Inventory Days
—
—
2.07
—
—
—
—
—
—
—
—
—
Days Payable
—
—
26.37
—
—
—
—
—
—
—
—
—
Cash Conversion Cycle
0
61
46.17
69.71
73.42
82.66
74.37
80.51
74.08
79.54
83.43
68.08
Working Capital Days
1,218
658
1,203
640
522
500
500
949
465
346
236
155
ROCE %
2.67%
3.33%
2.33%
3.06%
2.35%
3.47%
3.69%
5.53%
2.66%
0.96%
1.53%
0.82%

Insights

Beta

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

Log in to view Mercantile Ventures insights

31 extracted metrics + investor summaries across FY15–FY26.

Log in — free

Shareholding Pattern

Promot.72.75%Public9.42%Others17.83%As ofJun 2026

Documents

Frequently Asked Questions about Mercantile Ventures

What does Mercantile Ventures Ltd do?
Incorporated in 1985, Mercantile Ventures Ltd provides leasing of properties and Manpower supply services[1]
Where is Mercantile Ventures Ltd (538942) listed?
Mercantile Ventures Ltd trades as MERCANTILE on the NSE and under code 538942 on the BSE.
Which sector does Mercantile Ventures Ltd belong to?
Mercantile Ventures Ltd is classified under the Commercial Services sector, in the Diversified Services industry.
What is the market capitalisation of Mercantile Ventures Ltd?
Mercantile Ventures Ltd has a market capitalisation of ₹268.6 Cr, which places it in the Small Cap band.
What is the PE ratio of Mercantile Ventures Ltd?
Mercantile Ventures Ltd trades at a PE ratio of 39.11, against a book value of ₹24.18 per share.
What is the 52-week high and low of Mercantile Ventures Ltd?
Over the last 52 weeks Mercantile Ventures Ltd has traded between ₹19 and ₹31.9.
What is the Return on Equity (ROE) of Mercantile Ventures Ltd?
Mercantile Ventures Ltd reported a return on equity of 4.73%. Its debt-to-equity ratio is 0.00.

Company Information

Incorporated in 1985, Mercantile Ventures Ltd provides leasing of properties and Manpower supply services[1]

Website mercantileventures.co.in
Listed 2026-04-20
Face Value ₹ 10

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/538942.md for Mercantile Ventures Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our MCP server.

Explore More

More in Commercial Services → FII DII Data Stock Screener Nifty 50 Heatmap F&O Ban List