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NSE Close — 25 Sep 2026
₹22.72
Change
+0.13 (0.58%)
Open
₹22.25
Prev. Close
₹22.59
Day High
₹22.98
Day Low
₹22.01
Volume Analysis
Traded
524
Delivered
488
Delivery %
93.13%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (3)
- •Low return on equity (1.97%)
- •Below-average fundamentals quality score (48/100)
- •Low operating margin (0.72%)
Opportunities (1)
- •Strong 3-year revenue growth (25.6%)
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹24.1 | ₹23.54 | ₹23.13 | ₹22.57 | ₹22.16 | ₹21.6 | ₹21.19 |
| Fibonacci | ₹23.54 | ₹23.17 | ₹22.94 | ₹22.57 | ₹22.2 | ₹21.97 | ₹21.6 |
| Camarilla | ₹22.99 | ₹22.9 | ₹22.81 | ₹22.57 | ₹22.63 | ₹22.54 | ₹22.45 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
—
1 Week
-0.44%
1 Month
-9.08%
3 Months
-4.14%
6 Months
—
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹17.06
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
1.34%
Net margin 3.85% × asset turnover 0.31x × equity multiplier 1.12x
Company Overview
Sector
Services
Market Cap
₹255 Cr
P/E (TTM)
37.8
ROE
1.97%
Book Value
₹24.4
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Mercantile Ventures Ltd. scores weakly on TopFund's composite fundamentals check within the Services sector, at 48/100. The strongest factor is Financial Strength (100/100), while Business Quality (26/100) is the weakest area to weigh before deciding. Notably: Low return on equity (1.97%); below-average fundamentals quality score (48/100). Strong 3-year revenue growth (25.6%).
TopFund Score — Fundamentals Quality
48/100 — WeakData confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Stock is trading at 0.93 times its book value
- −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.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Mercantile Ventures' 25th AGM on 24 Sep 2026 passed all 4 resolutions, including FY26 accounts and director reappointment.
Mercantile Ventures held its 25th AGM on 24 September 2026; shareholders approved financials, RPTs, and director reappointments.
Newspaper Advertisement - 25th Annual General Meeting
25th AGM on 24 Sept 2026; shareholders to approve FY26 accounts, SPIC RPTs up to Rs.20 crore, and director reappointment.
Annual report filed; 25th AGM on 24 Sept 2026, approving Rs.20 crore SPIC RPT and WTD reappointment.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 14 | 15 | 16 | 15 | 17 | 18 | 18 | 19 | 21 | 24 | 25 | 24 | 23 |
| Expenses + | 13 | 14 | 15 | 18 | 17 | 17 | 18 | 19 | 21 | 23 | 25 | 24 | 23 |
| Operating Profit | 1 | 1 | 1 | -3 | 0 | 1 | 1 | 0 | 0 | 1 | 0 | 0 | 0 |
| 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 | -8 | 2 | 8 | 1 | 2 | 2 | 0 | 0 | 1 | 2 | 2 |
| Interest | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 1 | -8 | -1 | 8 | 1 | 2 | 2 | 0 | 0 | 1 | 2 | 2 |
| 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 | 1 | -9 | -1 | 7 | 1 | 2 | 7 | -1 | 0 | 1 | 2 | 1 |
| EPS in Rs | -1 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 13 | 18 | 27 | 30 | 34 | 38 | 37 | 37 | 47 | 60 | 72 | 93 | 95 |
| Expenses + | 11 | 15 | 24 | 27 | 31 | 34 | 33 | 35 | 44 | 60 | 71 | 93 | 95 |
| Operating Profit | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 2 | 3 | 0 | 1 | 0 | 1 |
| 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 + | 26 | 6 | -26 | 5 | 4 | 6 | 7 | 16 | 8 | -4 | 13 | 3 | 5 |
| Interest | 0 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 27 | 6 | -26 | 6 | 5 | 8 | 9 | 16 | 9 | -6 | 13 | 2 | 5 |
| 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 + | 22 | 4 | -28 | 1 | 7 | 21 | 9 | 16 | 17 | -8 | 16 | 2 | 4 |
| EPS in Rs | 2 | 0 | -3 | 0 | 1 | 2 | 1 | 1 | 1 | -1 | 1 | 1 | 1 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 151 | 157 | 137 | 142 | 160 | 159 | 191 | 226 | 199 | 221 | 219 | 161 |
| Borrowings + | 14 | 10 | 6 | 4 | 1 | 0 | 0 | 0 | 4 | 0 | 0 | 0 |
| Other Liabilities + | 17 | 21 | 16 | 13 | 12 | 10 | 9 | 18 | 21 | 64 | 60 | 33 |
| Total Liabilities | 294 | 301 | 271 | 271 | 284 | 281 | 312 | 356 | 337 | 397 | 391 | 306 |
| Fixed Assets + | 43 | 44 | 86 | 85 | 84 | 76 | 77 | 77 | 77 | 90 | 94 | 94 |
| CWIP | 0 | 0 | 0 | 44 | 44 | 44 | 44 | 0 | 0 | 0 | 0 | 0 |
| Investments | 43 | 46 | 64 | 66 | 81 | 70 | 90 | 148 | 177 | 175 | 223 | 150 |
| Other Assets + | 209 | 211 | 121 | 76 | 74 | 91 | 101 | 132 | 83 | 131 | 73 | 63 |
| Total Assets | 294 | 301 | 271 | 271 | 284 | 281 | 312 | 356 | 337 | 397 | 391 | 306 |
| Equity Capital | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 9 | -19 | -27 | 4 | 10 | -9 | 23 | -6 | -14 | 39 | -33 | 1 |
| Cash from Investing Activity + | -18 | 17 | 34 | -4 | -4 | 17 | -13 | -10 | 9 | 17 | -18 | 0 |
| Cash from Financing Activity + | 12 | -2 | -5 | 0 | -4 | 0 | 0 | 0 | 4 | -5 | 0 | 0 |
| Net Cash Flow | 3 | -4 | 2 | 0 | 2 | 8 | 10 | -16 | -1 | 52 | -51 | 0 |
| CFO/OP | 538 | -506 | -998 | 187 | 403 | -191 | 585 | -158 | -334 | 27,527 | -2,141 | 639 |
| Free Cash Flow | 5 | -20 | -27 | 5 | 12 | -13 | 23 | 38 | -14 | 38 | -38 | 1 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 27.24% | 27.24% | 27.25% | 27.25% | 27.24% | 27.24% | 27.24% | 27.25% | 27.25% | 27.24% | 27.26% | 27.25% |
| Promoters | 72.76% | 72.76% | 72.76% | 72.76% | 72.76% | 72.76% | 72.76% | 72.76% | 72.76% | 72.76% | 72.76% | 72.76% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Mercantile Ventures Ltd. (this stock) | 255 | 37.8 | 0.93 | 1.97% |
| Dj Mediaprint & Log Ltd | 261 | 22.2 | 2.76 | 14.1% |
| Sakuma Exports Limited | 262 | 24.5 | 0.35 | 1.31% |
| Globe Intl Carriers Ltd | 263 | 26.4 | 2.68 | 12.5% |
| Tiger Logistics (india) L | 278 | — | 7.49 | -21.0% |
| Vikas Lifecare Limited | 228 | 12.4 | 0.41 | 3.4% |
| Eki Energy Services Ltd | 227 | — | 0.6 | -3.9% |
Which Mutual Funds Hold Mercantile Ventures Ltd.?
Frequently Asked Questions about Mercantile Ventures Ltd.
Mercantile Ventures Ltd. (MERCANTILE) closed at ₹22.72 on NSE on 25 September 2026, up 0.13 (0.58%) from the previous close.
Mercantile Ventures Ltd. trades on the NSE (National Stock Exchange of India) under the symbol MERCANTILE.
Mercantile Ventures Ltd. has a trailing twelve-month P/E (price-to-earnings) ratio of 37.8.
Mercantile Ventures Ltd. has a dividend yield of 0.0%.
Mercantile Ventures Ltd.'s 52-week high is ₹32.6 and its 52-week low is ₹17.5.
Mercantile Ventures Ltd. has a market capitalisation of ₹255 crore.
Mercantile Ventures Ltd. has a TopFund Quality Score of 48/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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