Mercantile Ventures LTD.

Mercantile Ventures Ltd. (MERCANTILE) is a micro-cap Services company valued at ₹247 crore operating in Diversified Commercial Services on the NSE and BSE.

Recent price move

Mercantile Ventures Ltd. last traded at ₹21.97, down 4.23% on the day.

Recent developments

On 2026-06-30, the company reported a net profit of ₹1 crore for the latest quarter, reversing a net loss of ₹1 crore in the same quarter a year earlier. This marks a significant improvement in profitability. The company's latest fiscal year ended on 2026-03-31, with annual revenue at ₹93 crore and net profit at ₹2 crore.

Financial performance

The company's revenue grew 29.3% annually, but net profit fell 88.0% year-on-year. In the latest quarter, revenue rose 9.3% compared to the same quarter a year earlier, while net profit swung from a loss of ₹1 crore to a profit of ₹1 crore.

Valuation multiples

The stock trades at 41.5 times earnings, a premium to the Services median of 16.3, 1.05 times book value.

Things to watch

The company's net profit margin dropped 20.4 percentage points to 2.1%, reflecting declining profitability. Net profit fell 88.0% year-on-year, and the 52-week high has been surpassed by 28.0%. The return on equity and return on capital employed are very low at 2.0% and 0.8%, respectively.

Where it stands

Mercantile Ventures Ltd's revenue has grown steadily over the past five years, but profit has declined sharply. The latest quarter showed a turnaround from a net loss to a profit, but the company's profitability remains weak. The stock is 28.0% below its 52-week high, and the net profit margin is at 2.1%.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.