---
title: "Dune Mercantile Ltd (539786) — Share Price, Financials & Analysis"
symbol: "539786"
company: "Dune Mercantile Ltd"
canonical: "https://tapetide.com/stocks/539786"
isin: "INE322Q01016"
bse_code: "539786"
sector: "Consumer Discretionary"
industry: "Retailing"
generated_at: "2026-09-13T18:47:03.575Z"
---

# Dune Mercantile Ltd (539786)

Canonical page: https://tapetide.com/stocks/539786

## Company

- **BSE Code:** 539786
- **ISIN:** INE322Q01016
- **Sector:** Consumer Discretionary
- **Industry:** Retailing
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** dunemercantile.co.in

## About

Dune Mercantile trades in various types of clothes, readymade garments, and other textile products in India. It also trades in consumer durables.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.37 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 0.79% over last 3 years.
- Company has high debtors of 198 days.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -133% | 14% |
| revenue growth | 32% | 152% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.99 | 1.08 | 0.3 | 0.48 | 0.76 | 0.29 | 0.29 | 0.48 | 0.49 | 1.15 |
| Expenses | 0.93 | 1.07 | 0.29 | 0.46 | 0.84 | 0.3 | 0.28 | 0.45 | 0.47 | 1.23 |
| Operating Profit | 0.06 | 0.01 | 0.01 | 0.02 | -0.08 | -0.01 | 0.01 | 0.03 | 0.02 | -0.08 |
| OPM % | 6.06 | 0.93 | 3.33 | 4.17 | -10.53 | -3.45 | 3.45 | 6.25 | 4.08 | -6.96 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.06 | 0.01 | 0.01 | 0.02 | -0.08 | 0.09 | 0.01 | 0.03 | 0.02 | -0.07 |
| Tax % | 33.33 | 0 | 0 | 50 | -25 | 0 | 0 | 33.33 | 0 | 0 |
| Net Profit | 0.04 | 0.01 | 0.01 | 0.01 | -0.05 | 0.09 | 0.01 | 0.02 | 0.02 | -0.07 |
| EPS in Rs | 0.08 | 0.02 | 0.02 | 0.02 | -0.1 | 0.18 | 0.02 | 0.04 | 0.04 | -0.14 |

### Profit & Loss

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0.05 | 0.11 | 0.6 | 2.86 | 1.75 | 2.41 |
| Expenses | 0 | 0 | 0 | 0 | 0.04 | 0.08 | 0.59 | 3.01 | 1.89 | 2.43 |
| Operating Profit | 0 | 0 | 0 | 0 | 0.01 | 0.03 | 0.01 | -0.15 | -0.14 | -0.02 |
| OPM % | — | — | — | — | 20 | 27.27 | 1.67 | -5.24 | -8 | -0.83 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.23 | 0.19 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0.01 | 0.03 | 0.02 | 0.08 | 0.05 | -0.01 |
| Tax % | — | — | — | — | 0 | 33.33 | 50 | 25 | 20 | — |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.01 | 0.06 | 0.03 | -0.02 |
| EPS in Rs | — | — | — | — | — | — | 0.02 | 0.12 | 0.06 | -0.04 |
| Dividend Payout % | — | — | — | — | — | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 5 | 5 | 5 |
| Reserves | -0.03 | -0.03 | -0.03 | -0.03 | -0.03 | -0.01 | 0 | 0.06 | 0.09 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | -0.01 | -0.01 | -0.01 | -0.01 | -0.01 | 0 | 0.01 | 1.73 | 0.42 |
| Total Liabilities | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.24 | 5.01 | 6.79 | 5.51 |
| Fixed Assets | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.24 | 5.01 | 6.79 | 5.51 |
| Total Assets | 0.21 | 0.21 | 0.21 | 0.21 | 0.21 | 0.24 | 5.01 | 6.79 | 5.51 |

### Cash Flow

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 0 | 0 | 0.01 | 0.01 | -4.69 | 1.28 | 0.04 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 4.73 | -1.3 | 0.04 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0.01 | 0.02 | 0.04 | -0.02 | 0.09 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0.01 | 0.02 | -4.69 | 1.28 | 0.04 |
| CFO/OP | — | — | — | — | 100 | 33 | -46800 | -867 | -36 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | 0 | 0 | 97.33 | 338.2 | 198.14 |
| Inventory Days | — | — | — | — | 0 | 0 | 1380.36 | 161.94 | 469.29 |
| Days Payable | — | — | — | — | — | — | 0 | 217.2 | 94.81 |
| Cash Conversion Cycle | — | — | — | — | 0 | 0 | 1477.7 | 282.94 | 572.62 |
| Working Capital Days | — | — | — | — | 1314 | 630.45 | 2853.08 | 442.85 | 721.66 |
| ROCE % | — | 0 | 0 | 0 | 4.55 | 13.04 | 0.76 | 1.59 | 0.99 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Jun 2017 |
| --- | --- | --- |
| Public | 100% | 100% |
| No. of Shareholders | 4701 | 4701 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 |
| --- | --- | --- | --- | --- | --- |
| Public | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 614 | 4159 | 4701 | 4701 | 4701 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 25 Jul 2017 - Quarter ended June 2017. Please take the same on your record. | [Statement Of Investor Complain For Quarter Ended On 30Th June, 2017 25 Jul 2017 - Quarter ended June 2017. Please take the same on your record.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/7/97575314-cc18-41bd-a1a1-e39b914ed0aa.pdf) |
| 25 Jul 2017 - Please find herewith attached Regulation 13(3) for the Quarter ended June 2017. Please take the same on your record. | [Statement Of Investor Complain For Quarter Ended On 30Th June, 2017 25 Jul 2017 - Please find herewith attached Regulation 13(3) for the Quarter ended June 2017. Please take the same on your record.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97575314-cc18-41bd-a1a1-e39b914ed0aa.pdf) |
| 19 Jun 2017 - With respect to the Captioned Subject the board of director of M/S Dune Mercantile Limited confirmed the resignation of Mr. Shanti lal sankhla as an … | [Change in Directorate 19 Jun 2017 - With respect to the Captioned Subject the board of director of M/S Dune Mercantile Limited confirmed the resignation of Mr. Shanti lal sankhla as an …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d353c9b-9aac-427c-852f-f2ecfd9df7f3.pdf) |
| 19 Jun 2017 - With respect to the Captioned Subject the board of director of M/S Dune Mercantile Limited confirmed the resignation of Mr. Shanti lal sankhla as an … | [Change in Directorate 19 Jun 2017 - With respect to the Captioned Subject the board of director of M/S Dune Mercantile Limited confirmed the resignation of Mr. Shanti lal sankhla as an …](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/6/3d353c9b-9aac-427c-852f-f2ecfd9df7f3.pdf) |
| — | [Board Meeting On 14/11/2017 7 Nov 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f96dee42-8a6e-402f-99df-06e3418889f1.pdf) |
| — | [Board Meeting On 14/11/2017 7 Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/f96dee42-8a6e-402f-99df-06e3418889f1.pdf) |
| — | [Financial Results For The Quarter/ Year Ended 31St March, 2017 29 May 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9101fb0-b754-42b3-8997-dfe8ea3f594f.pdf) |
| — | [Financial Results For The Quarter/ Year Ended 31St March, 2017 29 May 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/b9101fb0-b754-42b3-8997-dfe8ea3f594f.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_OMNITECH_2010_2011_11052012114851.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_OMNITECH_2009_2010_11052012114851.zip) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539786/5397860316.pdf) |
| from bse | [Financial Year 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport//5328820314.pdf) |
| from bse | [Financial Year 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport//5328820312.pdf) |
| from bse | [Financial Year 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport//5328820311.pdf) |
| from bse | [Financial Year 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport//5328820310.pdf) |

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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 2026-09-13T18:47:03.575Z.