Mercantile Ventures Ltd.

23.11 -0.45 ▼-1.9%

29 April 2024, 04:01:00 PM
Volume: 2,402

Company Profile

Sector Finance Sector Icon Finance Compare with Sector peers
Industry Finance - NBFC Industry Icon Finance - NBFC Compare with Industry peers
Website http://www.mercantileventures.co.in
Market Cap 258.64 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) -0.48 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2023-12
Industry PE 24.04 Trailing Twelve Months Ending 2023-12
Book Value / Share 30.92 Trailing Twelve Months Ending 2023-12
Price to Book Value 0.75 Calculated using Price: 23.11
Dividend Yield 0.00 Period Ending 2023-03
No. of Shares Subscribed 11.19 Cr. 111,918,195 Shares
FaceValue 10
About Mercantile Ventures Ltd.
The company is engaged in the business of acquiring immovable properties for letting them out on lease or mounting them for resale.

Mercantile Ventures Ltd. Delivery

Delivered Qty
Traded Qty

Mercantile Ventures Ltd. Performance

1 Day
-1.91%
1 Week
+3.49%
1 Month
+10.26%
3 Month
-18.91%
6 Month
+7.44%
1 Year
+34.28%
2 Year
+7.74%
5 Year
+386.53%
10 Year

Mercantile Ventures Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 8.61 1.62 -10.78 0.45 1.41 4.19 2.22 3.58 2.02
Return on Capital Employed (%) 10.46 3.03 -9.22 2.69 2.18 3.44 3.6 5.47 2.95
Return on Assets (%) 7.58 1.45 -9.99 0.44 1.39 4.18 2.24 3.55 1.97

Mercantile Ventures Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 263 270 249 254 272 271 303 338 330 354
Non Curr. Liab. 16 13 -7 -4 -8 -9 -9 -7 -7 13
Curr. Liab. 14 17 16 11 10 14 16 19 17 18
Minority Int. 0 -7 -9 -4 -4
Equity & Liab. 294 301 258 261 274 270 301 347 337 385
Non Curr. Assets 231 249 150 189 200 190 211 187 251 309
Curr. Assets 63 52 109 72 74 79 90 159 85 77
Misc. Exp. not W/O
Total Assets 294 301 258 261 274 270 301 347 337 385

Mercantile Ventures Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 13 18 27 30 34 38 37 37 47 58
Other Income 6 8 5 7 4 6 7 16 7 5
Total Income 19 26 32 37 39 45 44 53 54 63
Total Expenditure -12 -17 -24 -29 -32 -34 -33 -35 -44 -55
PBIDT 7 9 7 8 7 10 11 19 10 8
Interest 0 -2 -2 -1 -1 -1 -1 -1 -1 -1
Depreciation 0 0 -1 -1 -1 -1 -1 -1 -1 -1
Taxation -5 -2 -1 -5 -2 3 -3 -5 -2 -5
Exceptional Items 20 -31 1 -9
PAT 22 4 -28 1 4 11 6 11 7 -9
Minority Interest 0 0 5 2 -5 -1 -2
Share Associate 1 2 2 3 7 0 5 10 5
Other Related Items 0
Consolidated Net Profit 22 7 -28 3 17 -3 9 12 16 -5
Adjusted EPS 2 1 -3 0 1 2 1 1 1 0

Mercantile Ventures Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 0 9 -19 -27 4 10 -9 23 -6 21
Cash Fr. Inv. -10 -18 17 34 -4 -4 17 -13 -10 -26
Cash Fr. Finan. -1 12 -2 -5 0 -4 4
Net Change -10 3 -4 2 0 2 8 10 -16 -1
Cash & Cash Eqvt 3 6 1 3 3 5 13 23 7 6

Mercantile Ventures Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 69.43 69.43 69.43 69.43 72.75 72.75 72.75 72.75 72.75
Public 30.57 30.57 30.57 30.57 27.25 27.25 27.25 27.25 27.25
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Mercantile Ventures Ltd. Announcements

Mon, 29 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyMercantile Ventures Ltd
2CIN NO.L65191TN1985PLC037309
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Oberoi Jangit M
Designation: Company Secretary
EmailId: cs@mercantileventures.co.in
Name of the Chief Financial Officer: V Padmanabha Sarma
Designation: Chief Financial Officer
EmailId: sarma@mercantileventures.co.in

Date: 29/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Fri, 26 Apr 2024
Certificate Under Regulation 40(9) & 40(10) Of SEBI (LODR) 2015.
Certificate received from Practicing Company Secretary pursuant to Regulation 40(9) and 40(10) of the SEBI (LODR) 2015 for the year ended 31st March 2024.
Thu, 25 Apr 2024
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation under Regulation 39(3) of SEBI (LODR) Regulations 2015 for issue of duplicate share certificates.

Mercantile Ventures Ltd. Technical Scans

Fri, 26 Apr 2024
High Delivery Percentage High Delivery Percentage
Higher Trade Quantity Higher Trade Quantity
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High
High Increase in 1 Month High Increase in 1 Month

Mercantile Ventures Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India 624,941.40 980.20 -0.8%
Bajaj Finance Ltd. 417,230.22 6,826.60 +1.4%
Bajaj Finserv Ltd. 254,815.52 1,595.65 -0.1%
JIO Financial Services Ltd. 242,536.62 380.50 -0.3%
Indian Railway Finance Corporation Ltd. 206,547.74 160.90 +1.8%
SBI Life Insurance Company Ltd. 141,732.40 1,422.35 +0.5%
Power Finance Corporation Ltd. 134,066.63 415.50 +2.3%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Life Insurance Corporation of India Consolidated 2023-12 15.50 980.20 -0.8%
Bajaj Finance Ltd. Consolidated 2024-03 28.87 6,826.60 +1.4%
Bajaj Finserv Ltd. Consolidated 2024-03 31.27 1,595.65 -0.1%
JIO Financial Services Ltd. Consolidated 2024-03 151.16 380.50 -0.3%
Indian Railway Finance Corporation Ltd. Standalone 2023-12 34.21 160.90 +1.8%
SBI Life Insurance Company Ltd. Standalone 2024-03 74.84 1,422.35 +0.5%
Power Finance Corporation Ltd. Consolidated 2023-12 7.13 415.50 +2.3%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Life Insurance Corporation of India Consolidated 2023-12 8.91 980.20 -0.8%
Bajaj Finance Ltd. Consolidated 2024-03 5.44 6,826.60 +1.4%
Bajaj Finserv Ltd. Consolidated 2024-03 4.22 1,595.65 -0.1%
JIO Financial Services Ltd. Consolidated 2024-03 1.74 380.50 -0.3%
Indian Railway Finance Corporation Ltd. Standalone 2023-12 4.28 160.90 +1.8%
SBI Life Insurance Company Ltd. Standalone 2024-03 9.71 1,422.35 +0.5%
Power Finance Corporation Ltd. Consolidated 2023-12 1.35 415.50 +2.3%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Life Insurance Corporation of India Consolidated 2023-03 0.00 980.20 -0.8%
Bajaj Finance Ltd. Consolidated 2023-03 4.03 6,826.60 +1.4%
Bajaj Finserv Ltd. Consolidated 2023-03 4.60 1,595.65 -0.1%
JIO Financial Services Ltd. Consolidated 2023-03 0.01 380.50 -0.3%
Indian Railway Finance Corporation Ltd. Standalone 2023-03 9.21 160.90 +1.8%
SBI Life Insurance Company Ltd. Standalone 2023-03 0.00 1,422.35 +0.5%
Power Finance Corporation Ltd. Consolidated 2023-03 8.75 415.50 +2.3%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Life Insurance Corporation of India Consolidated 2023-03 124.33 980.20 -0.8%
Bajaj Finance Ltd. Consolidated 2023-03 23.70 6,826.60 +1.4%
Bajaj Finserv Ltd. Consolidated 2023-03 28.46 1,595.65 -0.1%
JIO Financial Services Ltd. Consolidated 2023-03 0.06 380.50 -0.3%
Indian Railway Finance Corporation Ltd. Standalone 2023-03 14.66 160.90 +1.8%
SBI Life Insurance Company Ltd. Standalone 2023-03 14.14 1,422.35 +0.5%
Power Finance Corporation Ltd. Consolidated 2023-03 27.18 415.50 +2.3%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Life Insurance Corporation of India Consolidated 2023-03 124.33 980.20 -0.8%
Bajaj Finance Ltd. Consolidated 2023-03 23.70 6,826.60 +1.4%
Bajaj Finserv Ltd. Consolidated 2023-03 28.46 1,595.65 -0.1%
JIO Financial Services Ltd. Consolidated 2023-03 0.06 380.50 -0.3%
Indian Railway Finance Corporation Ltd. Standalone 2023-03 14.66 160.90 +1.8%
SBI Life Insurance Company Ltd. Standalone 2023-03 14.14 1,422.35 +0.5%
Power Finance Corporation Ltd. Consolidated 2023-03 27.18 415.50 +2.3%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India Consolidated 2023-03 980.20 -0.8%
Bajaj Finance Ltd. Consolidated 2023-03 41,397.38 6,826.60 +1.4%
Bajaj Finserv Ltd. Consolidated 2023-03 82,071.24 1,595.65 -0.1%
JIO Financial Services Ltd. Consolidated 2023-03 41.63 380.50 -0.3%
Indian Railway Finance Corporation Ltd. Standalone 2023-03 23,891.83 160.90 +1.8%
SBI Life Insurance Company Ltd. Standalone 2023-03 1,422.35 +0.5%
Power Finance Corporation Ltd. Consolidated 2023-03 77,568.30 415.50 +2.3%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India Consolidated 2023-03 35,996.65 980.20 -0.8%
Bajaj Finance Ltd. Consolidated 2023-03 11,507.69 6,826.60 +1.4%
Bajaj Finserv Ltd. Consolidated 2023-03 12,209.54 1,595.65 -0.1%
JIO Financial Services Ltd. Consolidated 2023-03 31.25 380.50 -0.3%
Indian Railway Finance Corporation Ltd. Standalone 2023-03 6,337.01 160.90 +1.8%
SBI Life Insurance Company Ltd. Standalone 2023-03 1,720.57 1,422.35 +0.5%
Power Finance Corporation Ltd. Consolidated 2023-03 21,178.59 415.50 +2.3%

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