Mercantile Ventures
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Mercantile Ventures share price

Mercantile Ventures Ltd.

BSE: 538942 SECTOR: Finance - NBFC  12k   37   2

22.92
-0.07 (-0.30%)
BSE: Today, 02:43 PM

Price Summary

Today's High

₹ 23

Today's Low

₹ 22.3

52 Week High

₹ 33.65

52 Week Low

₹ 19

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 256.52 Cr.

Advances

₹ 0 Cr.

No. of Shares

11.19 Cr.

P/E

0

P/B

0.73

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  31.23

Operating Revenue

₹ 29.83 Cr.

Net Profit

₹ 0.97 Cr.

Promoter Holding

72.75 %

EPS (TTM)

₹  -0.1

Sales Growth

43.63

ROE

0.31 %

ROCE

0.87%

Profit Growth

-81.05 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year43.63%
3 Year24.45%
5 Year40.69%

Profit Growth

1 Year-81.05%
3 Year-48.26%
5 Year-19.27%

ROE%

1 Year0.31%
3 Year1.39%
5 Year2%

ROCE %

1 Year0.87%
3 Year2.11%
5 Year2.52%

ROA%

0.2883

PEG Ratio

2.96

PAT Margin (%)

3.2501

EPS Growth(%)

NA

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2024 72.75 0.00
Sep 2024 72.75 0.00
Jun 2024 72.75 0.00
Mar 2024 72.75 0.00
Dec 2023 72.75 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company is trading at 0.7005 times the book value
  • Operating Income has grown well for the company over past 3 years: 3 years CAGR 24.452156088221%.
  • The company has delivered substantial profit growth of -48.2572288712488% over past 3 years.
  • Promoters shareholding is 72.75%.

 Limitations

  • Company has a poor Return on Equity (ROE) track record of 1.3928543501064%.
  • The company a poor ROCE track record of 2.11343048624836% since last 3 years.
  • PAT margin has shrunk by 21.3873%.
  • Provision and contingencies have increased by 357.795275590551%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Operating Revenue 7.49 7.93 7.9 8.46 9.04
Other Income 0.72 1.2 0.52 0.6 -0.26
Interest Expended 0.07 0.02 0.05 0.06 0.06
Operating Expenses 6.46 7.13 10.37 8.4 8.61
Total Provisions 0 0 0 0 0
Depreciation 0.25 0.25 0.22 0.21 0.21
Profit Before Tax 1.44 1.74 -2.22 0.4 -0.11
Tax 0.3 0.25 0.55 0.1 -0.03
Net Profit 1.12 1.47 -2.78 0.28 -0.09
Adjusted EPS (RS) 0.1 0.13 -0.25 0.03 -0.01

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Operating Income 16.06 15.48 14.61 20.77 29.83
Other Income 4.59 7.47 7.48 5.95 3.5
Interest 0.2 0.19 0.21 0.38 0.26
Operating Expenses 13.5 13.18 12.66 18.24 27.02
Total Provisions 0.08 0.12 0.4 1.04 3.61
Exceptional Items 0 0 0 0 0
Profit Before Tax 6.87 9.45 8.82 7.05 2.45
Tax -1.67 2.45 2.34 1.93 1.48
Profit After Tax 8.54 7 6.48 5.12 0.97
Adjusted EPS (Rs.) 0.76 0.63 0.58 0.46 0.09

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 111.92 111.92 111.92 111.92 111.92
Total Reserves 147.47 175.12 199.1 179.21 216.39
Borrowings 0 0 0 0 0
Other N/C liabilities -10.63 -11.25 -11 7.99 21.02
Current liabilities 7.55 10.21 13.02 12.66 11.34
Total Liabilities 256.31 286.01 313.04 311.78 360.67
Assets
Loans 0 0 0 0 0
Net Block 63.41 62.52 61.74 60.82 68.91
Capital WIP 44.02 44.02 0 0 0
Intangible WIP 0 0 0 0 0
Investments 73.15 92.51 112.36 177.52 230.25
Other Loans 0 0 0 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 75.73 86.96 138.94 73.44 61.51
Total Assets 256.31 286.01 313.04 311.78 360.67
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
promoters 72.75 72.75 72.75 72.75 72.75
a c muthiah 0.01 0.01 0.01 0.01 0.01
al vadivelu - 0.01 0.01 0.01 0.01
darnolly investments ltd 5.75 5.75 5.75 5.75 5.75
first leasing co of india... - - - - 0.16
golden star assets consul... - - - - 12.86
navia markets limited 0.01 0.01 0.01 0.01 0.01
ranford investments ltd 6.98 6.98 6.98 6.98 6.98
sicagen india limited 6.90 6.90 6.90 6.90 6.90
south india travels priva... - - - - 16.63
trinity auto points limit... - - - - 18.72
twinshield consultants pr... 4.72 4.72 4.72 4.72 4.72
first leasing co of india... 0.16 0.16 0.16 0.16 -
golden star assets consul... 12.86 12.86 12.86 12.86 -
south india travels pvt l... 16.63 16.63 16.63 16.63 -
trinity auto points ltd 18.72 18.72 18.72 18.72 -
vadivelu al 0.01 - - - -
PARTICULARS Dec 2023% Mar 2024% Jun 2024% Sep 2024% Dec 2024%
investors 27.25 27.25 27.25 27.25 27.25
southern petrochemical in... 13.43 13.43 - - 13.43
spic group companies empl... 2.03 2.03 2.03 2.03 2.03
spic officers and staff w... 1.84 1.84 1.84 1.84 1.84
southern petrochemical in... - - 13.43 13.43 -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Mercantile Ventures informs about certificate 9 Jan, 12:21 PM Mercantile Ventures informs about issuance of duplicate share certificates 8 Nov, 11:32 AM Mercantile Ventures - Quaterly Results 7 Nov, 4:38 PM Mercantile Ventures - Quaterly Results 7 Nov, 4:38 PM Mercantile Ventures - Quaterly Results 7 Nov, 4:38 PM Mercantile Ventures informs about details of loss of certificate 5 Nov, 4:43 PM Mercantile Ventures informs about closure of trading window 27 Sep, 5:04 PM Mercantile Ventures - Quaterly Results 14 Aug, 1:12 PM Mercantile Ventures - Quaterly Results 14 Aug, 1:12 PM Mercantile Ventures informs about issuance of duplicate shares certificate 31 Jul, 2:39 PM Mercantile Ventures informs about issuance of duplicate shares certificate 19 Jul, 3:40 PM Mercantile Ventures informs about press release 25 May, 2:58 PM Mercantile Ventures - Quaterly Results 23 May, 5:10 PM Mercantile Ventures - Quaterly Results 23 May, 5:10 PM Mercantile Ventures informs about issuance of duplicate share certificates 21 Feb, 2:09 PM Mercantile Ventures - Quaterly Results 9 Feb, 1:58 PM Mercantile Ventures - Quaterly Results 9 Feb, 1:58 PM Mercantile Ventures - Quaterly Results 9 Feb, 1:58 PM Mercantile Ventures informs about loss of share certificate 1 Feb, 5:25 PM Mercantile Ventures informs about acquisition 6 Jan, 12:38 PM Mercantile Ventures informs about trading window closure 29 Dec, 4:49 PM Mercantile Ventures informs about disclosure 29 Dec, 3:13 PM Mercantile Ventures informs about issuance of duplicate share certificate 18 Oct, 5:06 PM Mercantile Ventures informs about loss of share certificate 5 Oct, 5:09 PM Mercantile Ventures informs about loss of share certificates 14 Sep, 12:55 PM Mercantile Ventures - Quaterly Results 14 Aug, 4:49 PM Mercantile Ventures informs about issue of duplicate certificate 13 Jul, 4:37 PM Mercantile Ventures informs about issuance of duplicate shares certificate 12 Jul, 11:37 AM Mercantile Ventures - Quaterly Results 26 May, 4:49 PM Mercantile Ventures - Quaterly Results 26 May, 4:49 PM Mercantile Ventures informs about details of loss of certificate 28 Apr, 1:06 PM Mercantile Ventures informs about closure of trading window 30 Mar, 11:09 AM Mercantile Ventures informs about issuance of duplicate shares certificate 21 Feb, 10:38 AM Mercantile Ventures informs about outcome of board meeting 15 Feb, 2:09 PM Mercantile Ventures informs about outcome of board meeting 14 Feb, 4:38 PM Mercantile Ventures informs about details of loss of certificate 31 Jan, 4:46 PM Mercantile Ventures informs about acquisition 20 Jan, 4:53 PM Mercantile Ventures acquires 7.56% stake in Tuticorin Alkali Chemicals & Fertilizers 12 Jan, 2:30 PM Mercantile Ventures informs about certificate 6 Jan, 12:01 PM Mercantile Ventures informs about issuance of duplicate shares 5 Jan, 4:13 PM Mercantile Ventures informs about details of loss of certificate 14 Dec, 4:57 PM Mercantile Ventures informs about loss of share certificate 22 Nov, 3:04 PM Mercantile Ventures informs about details of loss of certificate 9 Nov, 4:46 PM Mercantile Ventures informs about newspaper publication 7 Nov, 5:26 PM Mercantile Ventures informs about outcome of board meeting 5 Nov, 1:04 PM Mercantile Ventures - Quaterly Results 4 Nov, 3:39 PM Mercantile Ventures - Quaterly Results 4 Nov, 3:39 PM Mercantile Ventures - Quaterly Results 4 Nov, 3:39 PM Mercantile Ventures informs about board meeting 27 Oct, 4:59 PM Mercantile Ventures informs about closure of trading window 29 Sep, 3:31 PM

Mercantile Ventures Stock Price Analysis and Quick Research Report. Is Mercantile Ventures an attractive stock to invest in?

Around 2% of India's total population invests in financial assets. The mutual fund industry's penetration in India is close to 7% (Based on the number of PAN cardholders). This under penetration offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

Mercantile Ventures stock price today is Rs 22.92. To understand the functions of the Mercantile Ventures better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of Mercantile Ventures is Rs 0.9695 Cr and the compounded growth of profit in the past 3 years is -48.2568879445343 %. The PAT margin of Mercantile Ventures is 3.2501 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Mercantile Ventures , the EPS declined by -81.0586 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Mercantile Ventures has a poor ROE track record. The ROE of Mercantile Ventures is at 0.313 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Mercantile Ventures is worth at the current levels at Rs 22.92. The stock is trading at a current P/E ratio of 237.2979 and the average historical P/E for the last 5 years was 65.8685491325031.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Mercantile Ventures is trading at a P/B of 0.7142 . The average historical P/B of Mercantile Ventures for the last 5 years was 0.525874378100408. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Mercantile Ventures is Rs 22.92. One can use valuation calculators of ticker to know if Mercantile Ventures share price is undervalued or overvalued.

Last Updated on:
Brief about Mercantile Ventures
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