Mercantile Ventures Limited (BOM:538942)

Mercantile Ventures Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Property, Plant & Equipment	-	906.4	914.08	870.94	727.26	738.67
Cash & Equivalents	-	74.72	72.21	580.71	61.66	67.51
Accounts Receivable	-	174.11	165	131.64	95.71	81.71
Other Receivables	-	-	32.43	21.71	-	0.14
Investment In Debt and Equity Securities	-	1,680	2,228	1,754	1,808	1,518
Goodwill	-	30.66	30.66	30.34	38.84	29.4
Loans Receivable Current	-	59.26	11.29	9.32	0.17	138.32
Other Current Assets	-	81.77	452.15	566.42	670.08	934.94
Deferred Long-Term Tax Assets	-	-	-	-	-	94.75
Other Long-Term Assets	-	53.66	-	2.89	-	-
Total Assets	-	3,060	3,906	3,968	3,401	3,603

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	-	0.4	3.09	4.89	0.13	4.76
Accrued Expenses	-	132.98	74.73	46.88	39.23	40.92
Current Income Taxes Payable	-	-	102.7	89.98	72.68	128.59
Current Unearned Revenue	-	-	-	-	-	9.95
Other Current Liabilities	-	46.56	13	14.19	13.01	7.44
Long-Term Deferred Tax Liabilities	-	43.38	241.47	307.47	90.47	-
Other Long-Term Liabilities	-	25.64	29.28	26.9	32.61	29.69
Total Liabilities	-	248.96	464.26	490.31	288.14	221.35

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	-	1,119	1,119	1,119	1,119	1,119
Additional Paid-In Capital	-	-	1,225	1,225	1,225	1,225
Retained Earnings	-	-	444.68	421.61	649.92	918.73
Comprehensive Income & Other	-	1,607	518.58	565.75	118.81	118.81
Total Common Equity	2,726	2,726	3,308	3,332	3,113	3,382
Minority Interest	-	84.82	133.94	146.02	-	-
Shareholders' Equity	2,811	2,811	3,442	3,478	3,113	3,382
Total Liabilities & Equity	-	3,060	3,906	3,968	3,401	3,603

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	-	-	-	-	40	-
Net Cash (Debt)	74.72	74.72	72.21	580.71	21.66	67.51
Net Cash (Debt) Growth	3.47%	3.47%	-87.56%	2580.53%	-67.91%	-70.54%
Net Cash Per Share	0.68	0.67	0.69	4.66	0.19	0.60
Filing Date Shares Outstanding	108.45	113.17	111.92	111.92	111.92	111.92
Total Common Shares Outstanding	108.45	113.17	111.92	111.92	111.92	111.92
Book Value Per Share	24.50	24.09	29.55	29.77	27.82	30.22
Tangible Book Value	2,696	2,696	3,277	3,301	3,074	3,353
Tangible Book Value Per Share	24.22	23.82	29.28	29.50	27.47	29.96
Land	-	-	780.29	732.41	580.55	580.69
Buildings	-	-	200.28	200.28	200.28	205.1

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 20, 2026

Data Sources Report a data error