Mercantile Ventures Limited (BOM:538942)

Mercantile Ventures Income Statement

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Other Revenue	889.25	721.85	603.9	471.49	370.38	373
Total Revenue	889.25	721.85	603.9	471.49	370.38	373
Revenue Growth (YoY	30.17%	19.53%	28.08%	27.30%	-0.70%	-2.46%
Property Expenses	332.75	285.93	233.62	144.93	94.22	103.98
Selling, General & Administrative	0.52	0.52	0.4	2.46	1.56	0.74
Depreciation & Amortization	8.88	9.33	9.89	9.82	9.9	10.14
Other Operating Expenses	533.26	406.75	361.47	280.41	240.76	222.82
Total Operating Expenses	875.41	702.53	605.37	437.61	348.32	338.97
Operating Income	13.84	19.32	-1.48	33.88	22.05	34.03
Interest Expense	-1.21	-2.04	-13.35	-10.78	-10.8	-9.92
Interest & Investment Income	33.42	33.42	33	51.99	57.92	63.27
Income (Loss) on Equity Investments	-0.49	-0.5	-0.57	98.81	49.11	30.03
Other Non-Operating Income	-99.98	-0.01	-0.04	0.1	94.67	6.18
EBT Excluding Unusual Items	-54.41	50.2	17.57	174	212.95	123.58
Gain (Loss) on Sale of Investments	80.22	80.22	17.04	3.89	0.67	-
Asset Writedown	-	-	-	-0.01	-	-
Other Unusual Items	-	-	-98.55	9.2	-	-
Pretax Income	25.81	130.42	-63.94	187.07	213.61	123.58
Income Tax Expense	-44.43	-31.73	14.27	20.84	49.67	29.71
Earnings From Continuing Operations	70.23	162.16	-78.21	166.23	163.95	93.87
Earnings From Discontinued Operations	-0	0.11	1.95	-	-	-
Net Income to Company	70.23	162.26	-76.26	166.23	163.95	93.87
Minority Interest in Earnings	43.65	-	-3.57	-6.81	-48.96	19.45
Net Income	113.89	162.26	-79.83	159.42	114.98	113.32
Net Income to Common	113.89	162.26	-79.83	159.42	114.98	113.32
Net Income Growth	63.02%	-	-	38.65%	1.47%	-56.06%
Basic Shares Outstanding	106	105	125	112	112	153
Diluted Shares Outstanding	106	105	125	112	112	153
Shares Change (YoY)	-31.03%	-16.07%	11.45%	-	-26.92%	36.83%
EPS (Basic)	1.07	1.55	-0.64	1.42	1.03	0.74
EPS (Diluted)	1.07	1.55	-0.64	1.42	1.03	0.74
EPS Growth	136.36%	-	-	38.65%	38.83%	-67.89%
Operating Margin	1.56%	2.68%	-0.24%	7.18%	5.95%	9.12%
Profit Margin	12.81%	22.48%	-13.22%	33.81%	31.04%	30.38%
EBITDA	22.75	28.65	8.42	43.69	31.95	44.17
EBITDA Margin	2.56%	3.97%	1.39%	9.27%	8.63%	11.84%
D&A For Ebitda	8.91	9.33	9.89	9.82	9.9	10.14
EBIT	13.84	19.32	-1.48	33.88	22.05	34.03
EBIT Margin	1.56%	2.68%	-0.24%	7.18%	5.95%	9.12%
Effective Tax Rate	-	-	-	11.14%	23.25%	24.04%
Revenue as Reported	917.97	850.55	660.9	537.42	533.53	442.45

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.