Mercator
Mercator
EnergyTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company has reduced debt.
Weaknesses
1- Contingent liabilities of Rs.252 Cr.
Growth Rate
Quarterly Results
| Particulars | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 34 | 6 | -4 | 4 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | -30 | -6 | 4 | -4 | -1 | -1 | -1 | -1 | 0 | 0 | 0 | 0 | 0 |
| OPM % | -748% | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -223 |
| Interest | 81 | 13 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PBT | -106 | -19 | 3 | -4 | -1 | -1 | -1 | -1 | 0 | 0 | 0 | 0 | -223 |
| Tax % | 9% | -6% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -116 | -18 | 3 | -4 | -1 | -1 | -1 | -1 | 0 | 0 | 0 | 0 | -223 |
| EPS in Rs | -3.82 | -0.59 | 0.11 | -0.14 | -0.03 | -0.02 | -0.02 | -0.02 | -0.02 | -0.01 | -0.01 | -0.01 | -7.38 |
Profit & Loss
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,733 | 3,458 | 3,092 | 2,707 | 2,115 | 932 | 867 | 639 | 374 | 0 | 0 | 0 |
| Expenses | 3,315 | 2,827 | 2,981 | 2,658 | 1,529 | 818 | 1,368 | 762 | 382 | 8 | 2 | 1 |
| Operating Profit | 418 | 631 | 110 | 49 | 586 | 114 | -500 | -124 | -9 | -8 | -2 | -1 |
| OPM % | 11% | 18% | 3.6% | 1.8% | 28% | 12% | -58% | -19% | -2.3% | — | — | — |
| Other Income | -205 | 25 | -101 | -430 | 15 | -33 | -16 | -376 | 37 | 0 | 0 | -223 |
| Interest | 245 | 205 | 225 | 273 | 232 | 144 | 154 | 261 | 292 | 13 | 0 | 0 |
| Depreciation | 447 | 441 | 475 | 427 | 319 | 154 | 177 | 141 | 39 | 0 | 0 | 0 |
| PBT | -479 | 10 | -690 | -1,082 | 50 | -217 | -847 | -901 | -304 | -21 | -2 | -224 |
| Tax % | 3% | 248% | 2% | 1% | 42% | 28% | 4% | 1% | 5% | -5% | 0% | 0% |
| Net Profit | -492 | -15 | -707 | -1,092 | 29 | -278 | -879 | -912 | -320 | -20 | -2 | -224 |
| EPS in Rs | -15.19 | 1.31 | -18.36 | -44.59 | 0.91 | -9.76 | -30.04 | -30.62 | -10.98 | -0.65 | -0.08 | -7.41 |
| Div. Payout % | 0% | 8% | -1% | 0% | 6% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 24 | 24 | 24 | 24 | 27 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 2,172 | 2,319 | 1,954 | 862 | 965 | 922 | -87 | -1,088 | -1,399 | -1,438 | -1,457 | -1,684 |
| Borrowings | 3,465 | 3,715 | 3,886 | 2,632 | 1,839 | 1,728 | 1,680 | 1,615 | 1,627 | 1,641 | 1,666 | 702 |
| Other Liabilities | 1,202 | 1,221 | 1,793 | 1,302 | 1,111 | 535 | 569 | 737 | 961 | 877 | 904 | 1,848 |
| Total Liabilities | 6,864 | 7,279 | 7,658 | 4,820 | 3,942 | 3,216 | 2,192 | 1,294 | 1,219 | 1,110 | 1,143 | 896 |
| Fixed Assets | 5,032 | 5,440 | 4,984 | 2,659 | 1,864 | 1,642 | 841 | 332 | 284 | 197 | 213 | 215 |
| CWIP | 36 | 3 | 620 | 688 | 694 | 292 | 281 | 3 | 3 | 3 | 4 | 4 |
| Investments | 35 | 36 | 5 | 2 | 186 | 206 | 180 | 86 | 61 | 63 | 68 | 69 |
| Other Assets | 1,761 | 1,801 | 2,049 | 1,471 | 1,198 | 1,076 | 889 | 873 | 871 | 847 | 858 | 608 |
| Total Assets | 6,864 | 7,279 | 7,658 | 4,820 | 3,942 | 3,216 | 2,192 | 1,294 | 1,219 | 1,110 | 1,143 | 896 |
Cash Flow
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 198 | 424 | 1,014 | 570 | 520 | 325 | 110 | -35 | 35 | -38 | -1 | 0 |
| Investing | 386 | -409 | -746 | 1,070 | 369 | -207 | 103 | 270 | 1 | 88 | 2 | 0 |
| Financing | -491 | -172 | -173 | -1,808 | -880 | -189 | -222 | -217 | -40 | -48 | 0 | 0 |
| Net Cash Flow | 94 | -156 | 95 | -168 | 9 | -71 | -9 | 18 | -5 | 2 | 0 | 0 |
| Free Cash Flow | 607 | 28 | 168 | 1,580 | 929 | 189 | 120 | 188 | 40 | 48 | -1 | 0 |
| CFO/OP | 63 | 73 | 953 | 1,215 | 94 | 299 | -26 | 10 | -307 | 479 | 62 | 1 |
Ratios
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64 | 67 | 96 | 78 | 67 | 126 | 46 | 57 | 134 | — | — | — |
| Cash Conversion Cycle | 64 | 67 | 96 | 78 | 67 | 126 | 46 | 57 | 134 | — | — | — |
| Working Capital Days | -46 | -64 | -161 | -160 | -139 | -164 | -477 | -969 | -1,846 | — | — | — |
| ROCE % | 0% | 3% | -6% | -7% | 9% | 0% | -23% | -21% | -2% | -2% | -1% | — |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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61 extracted metrics + investor summaries across FY10–FY25.
Documents
Frequently Asked Questions about Mercator
What does Mercator Ltd do?
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Company Information
Mercator Ltd along with its subsidiaries is a diversified group engaged in shipping, gas, coal mining and E&P activities. It commenced business as a shipping company in 1984 and has over the years, through its subsidiaries, diversified into various other sectors like coal mining and logistics, E&P and dredging. [1]
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