Mercantile Ventures Limited (BOM:538942)

Mercantile Ventures Income Statement

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

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
Other Revenue	976.42	933.37	721.85	603.9	471.49	370.38
Total Revenue	976.42	933.37	721.85	603.9	471.49	370.38
Revenue Growth (YoY	27.61%	29.30%	19.53%	28.08%	27.30%	-0.70%
Property Expenses	342.31	342.33	285.93	233.62	144.93	94.22
Selling, General & Administrative	-	-	0.52	0.4	2.46	1.56
Depreciation & Amortization	8.91	9.01	9.33	9.89	9.82	9.9
Other Operating Expenses	603.25	586.11	421.81	368.43	280.41	240.76
Total Operating Expenses	954.48	937.45	717.59	612.34	437.61	348.32
Operating Income	21.94	-4.08	4.26	-8.44	33.88	22.05
Interest Expense	-1.14	-1.07	-2.04	-13.35	-10.78	-10.8
Interest & Investment Income	-	-	33.42	33	51.99	57.92
Income (Loss) on Equity Investments	-0.54	-0.54	-0.5	-0.57	98.81	49.11
Other Non-Operating Income	30.11	30.11	15.05	6.93	0.1	94.67
EBT Excluding Unusual Items	50.37	24.43	50.2	17.57	174	212.95
Gain (Loss) on Sale of Investments	-	-	-	-	3.89	0.67
Gain (Loss) on Sale of Assets	-	-	80.22	17.04	-	-
Asset Writedown	-	-	-	-	-0.01	-
Other Unusual Items	-	-	-	-98.55	9.2	-
Pretax Income	50.37	24.43	130.42	-63.94	187.07	213.61
Income Tax Expense	12.48	4.55	-31.73	14.27	20.84	49.67
Earnings From Continuing Operations	37.89	19.88	162.16	-78.21	166.23	163.95
Earnings From Discontinued Operations	-	-	0.11	1.95	-	-
Net Income to Company	37.89	19.88	162.26	-76.26	166.23	163.95
Minority Interest in Earnings	35.8	49.13	-	-3.57	-6.81	-48.96
Net Income	73.69	69.01	162.26	-79.83	159.42	114.98
Net Income to Common	73.69	69.01	162.26	-79.83	159.42	114.98
Net Income Growth	-31.85%	-57.47%	-	-	38.65%	1.47%
Basic Shares Outstanding	110	111	105	125	112	112
Diluted Shares Outstanding	110	111	105	125	112	112
Shares Change	-0.27%	6.32%	-16.07%	11.45%	-	-26.92%
EPS (Basic)	0.67	0.62	1.55	-0.64	1.42	1.03
EPS (Diluted)	0.67	0.62	1.55	-0.64	1.42	1.03
EPS Growth	-31.67%	-60.00%	-	-	38.65%	38.83%

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
Operating Margin	2.25%	-0.44%	0.59%	-1.40%	7.18%	5.95%
Profit Margin	7.55%	7.39%	22.48%	-13.22%	33.81%	31.04%
EBITDA	30.87	4.93	13.6	1.45	43.69	31.95
EBITDA Margin	3.16%	0.53%	1.88%	0.24%	9.27%	8.63%
D&A For Ebitda	8.92	9.01	9.33	9.89	9.82	9.9
EBIT	21.94	-4.08	4.26	-8.44	33.88	22.05
EBIT Margin	2.25%	-0.44%	0.59%	-1.40%	7.18%	5.95%
Effective Tax Rate	24.78%	18.61%	-	-	11.14%	23.25%
Revenue as Reported	1,007	963.48	850.55	660.9	537.42	533.53

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