Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Mercantile Ventures Limited

Mercantile Ventures Limited

NSE: MERCANTILE
Real Estate DevelopmentFinanceSMALL CAPMCap ₹240.7 Cr
₹22.10₹-0.84 (-3.66%)

Market Closed • NSE

Market cap₹240.7 Cr
Enterprise value₹249.8 Cr
P/E TTM35.08
P/B0.92
EPS TTM₹0.63
ROCE0.30%
Dividend yield0.00%
Face value₹10.00
52W high₹29.37
52W low₹20.13
Price chart(1Y)
1Y Return:-17.66% (₹4.74)
H: ₹31.39L: ₹20.13
1W+3.08%
1M-1.65%
3M-10.89%
Today at a glance

Day range

₹21.97₹23.39

52 week range

₹20.13₹29.37
Volume15.8K0.31x 20D avg
Free float50.00%-69.20% volume

Mercantile Ventures Limited closed at INR22.10 (-3.66%) on volume 0.31x its 20-day average, trading 24.75% below its 52-week high.

Technical analysis
RSI (14)45.9Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹2.12High
SMA 20₹22.32BEARISH
SMA 50₹23.53BEARISH
SMA 100₹24.50BEARISH
SMA 200—N/A
CPR bottom₹23.17
Pivot₹23.09
CPR top₹23.02
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -36.8% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio–₹240.7 Cr0.00%≤ 33%PASS
Non-halal income ratio–₹43.0 Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹285.8 Cr—≥ 20%PASS
Receivables ratio–₹285.8 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E35.0810.10
Forward P/E——
P/B0.920.90
EV/EBITDA—18.00
PEG—1.50
Earnings yield2.909.90
Growth & profitability
RevenuePAT
FY21PAT margin 45.20%
FY22PAT margin 44.40%
FY23PAT margin 24.70%
FY24PAT margin 3.30%
FY25PAT margin 19.00%
FY26PAT margin 1.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+27.50%
Revenue CAGR 5Y+22.70%
PAT CAGR 3Y-51.10%
PAT CAGR 5Y-38.80%
Operating margin-1.10%
Net margin7.73%
Financial health & cash flow
Net debt–Moderate
Interest coverage-7.00xEBIT / interest
CFO / PAT-4.52x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-6970.0 Lakh
Capital expenditure–
Free cash flow₹-6970.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall50/100
Valuation50/100
Profitability50/100
Financial health50/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Established operational history in the sector

Active institutional participation

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Real Estate Development.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

80%53%27%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
0.00%Institutional holding
27.26%Public holding
5Periods available
0.00%Promoter pledged
50.49KShareholders
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)70.80%+9.20% latest vs average
Highest delivery98.97%on 01 Oct
Average volume (20D)51.2KTrading-session average
Conviction trendStrengthening+9.20% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Elcid Investments Limited
Elcid Investments LimitedELCIDIN
Open analysis
₹2,007.70—0.00%————
A. K. Capital Services Limited
A. K. Capital Services LimitedAKCAPIT
Open analysis
₹1,157.6410.121.93%—₹28.00—+16.67%
Saraswati Commercial (India) Limited
Saraswati Commercial (India) LimitedZSARACOM
Open analysis
₹1,074.567.660.00%—₹64.00—+166.67%
Tamboli Industries Limited
Tamboli Industries LimitedTAMBOLIIN
Open analysis
₹359.0033.7939.00%————
Mercantile Ventures Limited
Mercantile Ventures LimitedMERCANTILE
Current stock
₹240.6835.080.00%₹10.20₹0.72-0.10%+204.35%
Aarnav Fashions Limited
Aarnav Fashions LimitedAARNAV
Open analysis
₹236.62—0.00%————
National Standard (India) Limited
National Standard (India) LimitedNATIONSTD
Open analysis
₹211.8018.880.00%————
RSD Finance Limited
RSD Finance LimitedRSDFIN
Open analysis
₹108.146.790.00%—₹6.99—-10.84%
About Mercantile Ventures Limited
Mercantile Ventures Limited

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

IndiaFinance

Questions investors ask
Is Mercantile Ventures Limited Shariah compliant?

Mercantile Ventures Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (0%) complies with AAOIFI threshold (≤ 33%).

What is Mercantile Ventures Limited's current valuation relative to peers?

Mercantile Ventures Limited trades at a P/E of 35.1x compared to the sector median of 10.1x, and a Price-to-Book of 0.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of zero debt. Interest coverage is -7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 22.7% while net profit growth averaged -38.8%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.