Mercantile Ventures quarterly results and financials

Mercantile Ventures (MERCANTILE)₹20.87−2.79%(9 Nov 2026 close)Diversified Commercial Services

Key facts

In the Jun 2026 quarter (consolidated), Mercantile Ventures reported sales of ₹22.94 Cr, up 9.3% from Jun 2025, and net profit of ₹1.22 Cr. For the year to Mar 2026, sales were ₹92.94 Cr and net profit ₹1.95 Cr.

Sales (Jun 2026): ₹22.94 Cr
Net profit (Jun 2026): ₹1.22 Cr
Sales (FY Mar 2026): ₹92.94 Cr
Net profit (FY Mar 2026): ₹1.95 Cr
EPS (Jun 2026): ₹−0.07
Borrowings (Mar 2026): ₹0 Cr

Company filings, consolidated accounts; latest reported quarter Jun 2026

Mercantile Ventures quarterly results

₹ crore unless stated; each column is a quarter.

Mercantile Ventures Quarterly results
	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	15.13	16.06	15.34	16.68	17.78	18.27	19.19	20.99	23.42	24.97	23.57	22.94
Expenses	14.17	15.07	18.08	16.74	17.11	17.63	19.14	21.31	22.90	24.56	23.82	23.01
Operating Profit	0.96	0.99	−2.75	−0.04	0.67	0.65	0.04	−0.30	0.54	0.43	−0.22	−0.06
OPM %	6.4%	6.2%	−17.9%	−0.3%	3.8%	3.6%	0.3%	−1.5%	2.4%	1.8%	−1.0%	−0.3%
Other Income	0.80	−8.36	2.48	8.28	1.11	1.64	1.97	0.14	0.12	0.68	2.10	2.49
Interest	0.26	0.56	0.25	0.26	0.27	−0.34	0.04	0.06	0.00	0.05	0.02	0.07
Depreciation	0.24	0.26	0.20	0.22	0.23	0.20	0.24	0.20	0.20	0.20	0.25	0.19
Profit before tax	1.25	−8.14	−0.73	7.71	1.27	2.40	1.72	−0.43	0.44	0.85	1.58	2.14
Tax %	19.8%	3.4%	74.3%	12.4%	24.2%	34.0%	−304.0%	34.1%	111.1%	5.8%	−7.6%	43.7%
Exceptional items	0.00	−9.45	0.20	0.02	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	1.27	−9.11	−1.29	6.78	0.97	1.60	7.02	−0.61	−0.07	0.82	1.72	1.22
EPS (Rs)	0.14	−0.46	−0.13	0.51	0.08	0.18	0.82	−0.11	0.14	0.27	0.29	−0.07

Mercantile Ventures profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Mercantile Ventures Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	18.07	27.04	29.84	34.24	38.12	37.16	36.90	46.94	60.19	71.94	92.94	94.90
Expenses	15.34	24.41	27.06	31.26	34.25	32.76	34.72	43.63	60.02	70.57	92.57	94.29
Operating Profit	2.72	2.64	2.80	3.01	3.88	4.40	2.19	3.37	0.14	1.35	0.43	0.69
OPM %	15.1%	9.8%	9.4%	8.8%	10.2%	11.9%	6.0%	7.2%	0.3%	1.9%	0.5%	0.7%
Other Income	6.14	−26.18	5.26	3.83	6.47	6.98	16.37	7.54	−3.97	12.93	3.02	5.39
Interest	2.26	1.93	0.67	0.55	0.95	1.00	1.09	1.09	1.35	0.21	0.12	0.14
Depreciation	0.42	1.13	1.16	1.06	1.00	1.00	0.98	0.97	0.98	0.92	0.89	0.84
Profit before tax	6.16	−26.43	6.21	5.22	8.39	9.34	16.43	8.82	−6.13	13.08	2.43	5.01
Tax %	30.0%	5.4%	81.7%	29.0%	−35.4%	31.7%	30.2%	23.5%	23.2%	−24.2%	20.9%	—
Exceptional items	−0.61	−28.98	−0.19	−0.30	0.04	0.04	0.12	0.95	−10.23	5.78	0.00	0.00
Net Profit	4.33	−28.00	1.15	6.68	21.15	9.41	16.44	16.68	−7.65	16.29	1.95	3.69
EPS (Rs)	0.39	−2.51	0.11	0.61	2.31	1.02	1.04	1.43	−0.72	1.46	0.54	0.63
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Mercantile Ventures balance sheet

₹ crore, at each year end.

Mercantile Ventures 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
Equity Capital	112	112	112	112	112	112	112	112	112	112	112	112
Reserves	151	157	137	142	160	160	191	226	200	222	219	161
Borrowings	13.96	10.10	5.90	4.11	0.72	0.15	0.00	0.00	3.99	0.00	0.00	0.00
Other Liabilities	17.09	21.17	16.05	12.95	11.70	9.48	9.03	17.81	21.15	63.32	59.54	33.21
Total Liabilities	294	301	271	271	284	281	312	356	337	397	391	306
Fixed Assets	42.63	43.57	85.42	84.41	83.98	76.25	76.65	76.51	76.35	90.16	94.22	93.42
CWIP	0.00	0.00	0.00	44.20	44.14	44.20	44.16	0.00	0.00	0.00	0.00	0.00
Investments	42.76	46.39	64.35	66.15	81.57	70.13	90.22	148	178	176	224	150
Other Assets	209	211	121	76.32	74.48	90.72	101	132	82.77	131	73.37	62.84
Inventories	0.00	0.18	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.07
Trade receivables	0.00	3.04	5.25	5.73	6.93	8.68	7.62	8.19	9.59	13.18	16.53	17.45
Cash & equivalents	5.88	1.43	2.97	2.95	5.10	12.77	22.83	6.72	6.15	57.90	7.20	7.45
Total Assets	294	301	271	271	284	281	312	356	337	397	391	306

Mercantile Ventures cash flow

₹ crore, for each year.

Mercantile Ventures 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	8.90	−19.52	−27.17	4.16	10.26	−9.33	22.79	−6.16	−13.77	39.36	−32.88	0.84
Cash from investing activity	−17.85	17.40	33.53	−4.10	−4.41	16.95	−12.59	−9.99	9.14	17.16	−18.23	−0.21
Cash from financing activity	11.74	−2.45	−4.98	−0.06	−3.64	0.00	0.00	0.00	3.99	−4.56	0.23	−0.35
Net cash flow	2.71	−4.45	1.55	−0.01	2.15	7.69	10.08	−16.17	−0.57	51.88	−50.86	0.26
Capex	24.80	1.35	0.08	0.10	0.03	4.16	0.14	0.19	0.06	0.89	4.97	0.14
Free cash flow	4.80	−20.36	−27.08	5.22	11.80	−13.43	22.51	37.58	−13.75	38.23	−37.67	0.69
CFO / OP %	537.9%	−506.1%	−998.1%	187.0%	402.9%	−191.1%	584.9%	−158.1%	−334.1%	27,527.0%	−2,141.1%	639.0%

Mercantile Ventures ratios

Working-capital days and returns, by year.

Mercantile Ventures Ratios
	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	61	70	70	73	83	74	81	74	80	83	68
Inventory days	—	—	1	—	—	—	—	—	—	—	—	—
Days payable	—	—	26	—	—	—	—	—	—	—	—	—
Cash conversion cycle	0	62	47	71	74	84	75	82	75	81	84	69
Working capital days	1,218	658	1,203	640	522	500	500	949	465	346	236	155
ROCE %	2.7%	3.3%	2.3%	3.1%	2.3%	3.5%	3.7%	5.5%	2.6%	1.0%	1.5%	0.8%

Mercantile Ventures: frequently asked questions

What are the latest quarterly results of Mercantile Ventures?

For the Jun 2026 quarter, Mercantile Ventures reported sales of ₹22.94 Cr, up 9.3% year on year and net profit of ₹1.22 Cr. The operating margin was −0.3%.

What is the annual revenue of Mercantile Ventures?

Mercantile Ventures' sales for the year to Mar 2026 were ₹92.94 Cr; over the last twelve months they were ₹94.90 Cr.

What is the net profit of Mercantile Ventures?

Net profit for the year to Mar 2026 was ₹1.95 Cr, and ₹3.69 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.63.

How much debt does Mercantile Ventures have?

Mercantile Ventures reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹7.45 Cr.

What is the free cash flow of Mercantile Ventures?

Cash from operations was ₹0.84 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.69 Cr.

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