MERCANTILE VENTURES LTD. (MERCANTILE) financials

MERCANTILE VENTURES LTD. (MERCANTILE) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

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

Market Cap: ₹241Cr.
Current Price: ₹21.7
Stock P/E: 112
ROE: 0.41%
ROCE: 0.58%
Book Value: ₹24.5
Dividend Yield: 0.00%
52W High / Low: ₹32.6/17.5

In Jun 2026, MERCANTILE VENTURES LTD. (MERCANTILE) reported sales ₹10.20 Cr and net profit ₹0.72 Cr.

Annual TTM: sales ₹42.95 Cr, net profit ₹2.15 Cr.

Shareholding: Promoters 72.76% (Jun 2026), Public 27.25% (Jun 2026), No. of Shareholders 50,547% (Jun 2026).

MERCANTILE quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	9.04	9.29	9.77	10.21	11.23	10.78	10.74	10.20
Expenses	8.63	8.86	9.45	10.56	10.80	10.57	11.49	9.95
Operating Profit	0.41	0.43	0.32	-0.35	0.43	0.21	-0.75	0.25
OPM %	4.54%	4.63%	3.28%	-3.43%	3.83%	1.95%	-6.98%	2.45%
Other Income	-0.26	0.28	1.70	0.01	0.00	0.50	1.99	1.67
Interest	0.06	0.06	0.03	0.05	0.00	0.04	0.01	0.06
Depreciation	0.21	0.19	0.22	0.20	0.20	0.19	0.24	0.19
Profit before tax	-0.12	0.46	1.77	-0.59	0.23	0.48	0.99	1.67
Tax %	-25.00%	26.09%	-259.89%	20.34%	182.61%	-2.08%	-15.15%	56.89%
Net Profit	-0.09	0.34	6.36	-0.69	-0.19	0.48	1.14	0.72
EPS in Rs	-0.01	0.03	0.57	-0.06	-0.02	0.04	0.10	0.06
Raw PDF	—	—	—	—	—	—	—	—

MERCANTILE profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	16.06	15.48	14.61	20.77	29.83	36.56	42.93	42.95
Expenses	12.63	12.34	12.11	18.33	29.68	35.30	42.82	42.81
Operating Profit	3.43	3.14	2.50	2.44	0.15	1.26	0.11	0.14
OPM %	21.36%	20.28%	17.11%	11.75%	0.50%	3.45%	0.26%	0.33%
Other Income	4.59	7.47	7.48	5.95	3.50	2.32	2.50	4.16
Interest	0.20	0.19	0.21	0.38	0.25	0.20	0.11	0.11
Depreciation	0.96	0.97	0.95	0.96	0.96	0.84	0.83	0.82
Profit before tax	6.86	9.45	8.82	7.05	2.44	2.54	1.67	3.37
Tax %	-24.34%	25.93%	26.53%	27.38%	60.66%	-173.23%	20.96%	—
Net Profit	8.54	7.00	6.48	5.12	0.97	6.94	1.32	2.15
EPS in Rs	0.76	0.63	0.58	0.46	0.09	0.62	0.12	0.18
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	—

MERCANTILE balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	111.92	111.92	111.92	111.92	111.92	111.92	111.92	111.92
Reserves	148.78	147.47	175.12	199.10	179.21	216.39	216.35	162.59
Borrowings	0.05	0.00	0.00	0.00	4.00	0.00	0.00	0.00
Other Liabilities	8.39	10.36	12.68	15.99	16.65	32.36	28.34	11.24
Total Liabilities	269.14	269.75	299.72	327.01	311.78	360.67	356.61	285.75
Fixed Assets	80.92	63.41	62.52	61.74	60.82	68.91	73.24	72.47
CWIP	44.02	44.02	44.02	0.00	0.00	0.00	0.00	0.00
Investments	78.60	73.15	92.51	149.25	180.08	232.30	234.18	168.76
Other Assets	65.60	89.17	100.67	116.02	70.88	59.46	49.19	44.52
Total Assets	269.14	269.75	299.72	327.01	311.78	360.67	356.61	285.75

MERCANTILE cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	11.24	4.70	24.54	17.83	-12.19	39.11	-7.84	-69.70
Cash from Investing Activity	-5.09	1.39	-14.36	-35.01	6.96	-33.17	6.55	68.58
Cash from Financing Activity	-3.65	0.00	0.00	0.00	4.00	-4.00	0.00	0.00
Net Cash Flow	2.50	6.09	10.18	-17.19	-1.24	1.95	-1.29	-1.12
Free Cash Flow	12.83	0.57	24.45	17.66	-12.23	39.10	-13.01	-69.76
CFO/OP	678%	188%	865%	808%	-407%	27,320%	-482%	-61,991%

MERCANTILE shareholding pattern (%)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	72.76%	72.76%	72.76%	72.76%	72.76%	72.76%	72.76%	72.76%
Public	27.24%	27.24%	27.24%	27.25%	27.25%	27.24%	27.26%	27.25%
No. of Shareholders	50,896	50,894	50,819	50,729	50,668	50,562	50,488	50,547

MERCANTILE key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	81.64	74.77	84.18	92.44	79.08	80.39	76.77	53.56
Inventory Days	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—
Cash Conversion Cycle	81.64	74.77	84.18	92.44	79.08	80.39	76.77	53.56
Working Capital Days	3,142.64	1,338.64	1,350.59	2,167.27	1,003.62	551.11	341.44	215.11
ROCE %	1.98%	2.70%	3.51%	3.00%	2.32%	0.67%	0.72%	0.58%

MERCANTILEUpdated 14 Oct 2026, 1:58

Mercantile Ventures Ltd.

MERCANTILEUpdated 14 Oct 2026, 1:58

Market Cap

₹241Cr.

Current Price

₹21.7

High / Low

₹32.6/17.5

Stock P/E

112

ROE0.41%

ROCE0.58%

Book Value₹24.5

Face Value₹10.0

Dividend Yield0.00%

About

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

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	6.52	0.11	5.76	1.06	0.25	1.46	180.82	-1.18	-0.11
Sep 2023	7.49	0.06	6.48	0.72	0.25	1.42	21.13	1.12	0.1
Dec 2023	7.93	0.02	7.14	1.2	0.25	1.72	15.12	1.48	0.13
Mar 2024	7.9	0.05	10.38	0.52	0.22	-2.23	24.66	-2.78	-0.25
Jun 2024	8.46	0.06	8.41	0.6	0.21	0.38	26.32	0.28	0.03
Sep 2024	9.04	0.06	8.63	-0.26	0.21	-0.12	-25	-0.09	-0.01
Dec 2024	9.29	0.06	8.86	0.28	0.19	0.46	26.09	0.34	0.03
Mar 2025	9.77	0.03	9.45	1.7	0.22	1.77	-259.89	6.36	0.57
Jun 2025	10.21	0.05	10.56	0.01	0.2	-0.59	20.34	-0.69	-0.06
Sep 2025	11.23	0	10.8	0	0.2	0.23	182.61	-0.19	-0.02
Dec 2025	10.78	0.04	10.57	0.5	0.19	0.48	-2.08	0.48	0.04
Mar 2026	10.74	0.01	11.49	1.99	0.24	0.99	-15.15	1.14	0.1
Jun 2026	10.2	0.06	9.95	1.67	0.19	1.67	56.89	0.72	0.06

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	3.61	0.15	2.63	25.89	0.33	26.39	19.63	21.21	1.9
Mar 2016	4.25	2.26	2.76	6.82	0.4	5.65	28.32	4.04	0.36
Mar 2017	4.69	1.92	3.05	-26.13	1.12	-27.53	4	-28.63	-2.56
Mar 2018	5.15	0.65	2.96	5.2	1.12	5.62	86.3	0.77	0.07
Mar 2019	5.41	0.54	3.55	3.77	1.03	4.06	30.05	2.83	0.25
Mar 2020	16.06	0.2	12.63	4.59	0.96	6.86	-24.34	8.54	0.76
Mar 2021	15.48	0.19	12.34	7.47	0.97	9.45	25.93	7	0.63
Mar 2022	14.61	0.21	12.11	7.48	0.95	8.82	26.53	6.48	0.58
Mar 2023	20.77	0.38	18.33	5.95	0.96	7.05	27.38	5.12	0.46
Mar 2024	29.83	0.25	29.68	3.5	0.96	2.44	60.66	0.97	0.09
Mar 2025	36.56	0.2	35.3	2.32	0.84	2.54	-173.23	6.94	0.62
Mar 2026	42.93	0.11	42.82	2.5	0.83	1.67	20.96	1.32	0.12
TTM	42.95	0.11	42.81	4.16	0.82	3.37	—	2.15	0.18

Shareholding pattern

As of Jun 2026%

Holder	Share
Promoters	72.76%
Public	27.25%

Shareholding trend

Ownership over time%

Quarter	Promoters	Public
Sep 2023	72.76%	27.24%
Dec 2023	72.76%	27.24%
Mar 2024	72.76%	27.25%
Jun 2024	72.76%	27.25%
Sep 2024	72.76%	27.24%
Dec 2024	72.76%	27.24%
Mar 2025	72.76%	27.24%
Jun 2025	72.76%	27.25%
Sep 2025	72.76%	27.25%
Dec 2025	72.76%	27.24%
Mar 2026	72.76%	27.26%
Jun 2026	72.76%	27.25%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	111.95	149.69	14	15.21	290.85	42.69	0	42.67	205.49	290.85
Mar 2016	111.95	153.73	10.14	18.56	294.38	43.56	0	44.54	206.28	294.38
Mar 2017	111.92	131.82	4.72	14	262.46	85.16	0	62.45	114.85	262.46
Mar 2018	111.92	134.48	4.12	9.07	259.59	83.99	44.02	63.01	68.57	259.59
Mar 2019	111.92	148.78	0.05	8.39	269.14	80.92	44.02	78.6	65.6	269.14
Mar 2020	111.92	147.47	0	10.36	269.75	63.41	44.02	73.15	89.17	269.75
Mar 2021	111.92	175.12	0	12.68	299.72	62.52	44.02	92.51	100.67	299.72
Mar 2022	111.92	199.1	0	15.99	327.01	61.74	0	149.25	116.02	327.01
Mar 2023	111.92	179.21	4	16.65	311.78	60.82	0	180.08	70.88	311.78
Mar 2024	111.92	216.39	0	32.36	360.67	68.91	0	232.3	59.46	360.67
Mar 2025	111.92	216.35	0	28.34	356.61	73.24	0	234.18	49.19	356.61
Mar 2026	111.92	162.59	0	11.24	285.75	72.47	0	168.76	44.52	285.75

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	8.52	-17.64	11.75	2.63
Mar 2016	-19.37	17.81	-3.01	-4.57
Mar 2017	-27.57	34.23	-6.01	0.66
Mar 2018	4.04	-4.1	-0.27	-0.32
Mar 2019	11.24	-5.09	-3.65	2.5
Mar 2020	4.7	1.39	0	6.09
Mar 2021	24.54	-14.36	0	10.18
Mar 2022	17.83	-35.01	0	-17.19
Mar 2023	-12.19	6.96	4	-1.24
Mar 2024	39.11	-33.17	-4	1.95
Mar 2025	-7.84	6.55	0	-1.29
Mar 2026	-69.7	68.58	0	-1.12

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	0.00	48.09	119.07	97.81	81.64	74.77	84.18	92.44	79.08	80.39	76.77	53.56
Inventory Days	—	—	—	—	—	—	—	—	—	—	—	—
Days Payable	—	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	0.00	48.09	119.07	97.81	81.64	74.77	84.18	92.44	79.08	80.39	76.77	53.56
Working Capital Days	4,348.66	2,731.06	6,876.63	3,617.40	3,142.64	1,338.64	1,350.59	2,167.27	1,003.62	551.11	341.44	215.11
ROCE %	2.43%	2.90%	1.98%	2.91%	1.98%	2.70%	3.51%	3.00%	2.32%	0.67%	0.72%	0.58%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MERCANTILE VENTURES LTD. (MERCANTILE)?

The reported market capitalisation for MERCANTILE VENTURES LTD. (MERCANTILE) is ₹241Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MERCANTILE?

The current price shown for MERCANTILE VENTURES LTD. (MERCANTILE) on Fincrux is ₹21.7 with a 52-week high/low of ₹32.6/17.5.

What is the P/E ratio of MERCANTILE VENTURES LTD. (MERCANTILE)?

The stock P/E for MERCANTILE VENTURES LTD. (MERCANTILE) is 112 on Fincrux, with ROE at 0.41% and ROCE at 0.58%.

What were MERCANTILE latest quarterly results?

For Jun 2026, MERCANTILE VENTURES LTD. (MERCANTILE) reported sales ₹10.20 Cr and net profit ₹0.72 Cr (figures in ₹ crore unless noted).

What are MERCANTILE annual sales and net profit?

For TTM, MERCANTILE VENTURES LTD. (MERCANTILE) shows sales of ₹42.95 Cr and net profit of ₹2.15 Cr on the Fincrux profit & loss statement.

Who owns MERCANTILE VENTURES LTD. (MERCANTILE)?

Latest shareholding for MERCANTILE VENTURES LTD. (MERCANTILE) on Fincrux: Promoters 72.76% (Jun 2026), Public 27.25% (Jun 2026), No. of Shareholders 50,547% (Jun 2026).

Where can I find MERCANTILE VENTURES LTD. (MERCANTILE) financials?

MERCANTILE VENTURES LTD. (MERCANTILE) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MERCANTILE balance sheet and cash flow?

Yes. The MERCANTILE VENTURES LTD. (MERCANTILE) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 14 October 2026 at 1:58