Paul Merchants Limited (NSE:PML)

Paul Merchants Revenue

Paul Merchants had revenue of 4.81B INR in the quarter ending June 30, 2026, a decrease of -2.54%. This brings the company's total for the last twelve months to 20.61B, down -26.71% year-over-year. In the fiscal year ending March 31, 2026, Paul Merchants had annual revenue of 20.74B, down -37.82%.

• Revenue (ttm): 20.61B
• Revenue Growth: -26.71%
• P/S Ratio: 0.07
• Revenue / Employee: 64.81M
• Employees: 318
• Market Cap: 1.54B

Revenue Chart

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Revenue by Segment

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• Forex 20.50B 98.9%
• Other Loans (Other than Gold Loan) 170.50M 0.8%
• Travel 54.23M 0.3%
• Others 10.53M 0.1%

Fiscal year ended Mar 31, 2026 See the full Paul Merchants breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Mar 31, 2026	20.74B	-12.61B	-37.82%
Mar 31, 2025	33.35B	-31.69B	-48.72%
Mar 31, 2024	65.03B	-5.08B	-7.24%
Mar 31, 2023	70.11B	16.46B	30.68%
Mar 31, 2022	53.65B	23.30B	76.77%

Data Source: S&P Global Market Intelligence Last updated: Aug 12, 2026

Revenue 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:

Nov 8, 2026

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