MarketFriction

Merind Ltd

BSE 506895
Market cap₹Cr.
Not trading

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Sales0.130.080.030.010.010.050.000.00
Expenses16.6067.930.830.230.180.130.200.15
Operating Profit-16.47-67.85-0.80-0.22-0.17-0.08-0.20-0.15
OPM %-12,669.23%-84,812.50%-2,666.67%-2,200.00%-1,700.00%-160.00%
Other Income10.657.556.134.418.729.5410.6611.49
Interest0.100.070.050.040.010.000.030.08
Depreciation0.770.000.000.000.000.000.000.00
Profit before tax-6.69-60.375.284.158.549.4610.4311.26
Tax %-24.07%0.00%15.72%33.49%32.08%29.39%26.08%17.14%
Net Profit-5.08-60.384.442.755.796.677.709.34
EPS in Rs
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%%%
Compounded Profit Growth%16%17%21%
Stock Price CAGR%%%%
Return on Equity%4%6%6%
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Equity Capital3.643.643.643.643.643.643.643.64
Reserves256.33195.95200.39203.14127.76134.42140.71159.82
Borrowings18.180.010.000.000.000.000.000.00
Other Liabilities0.891.630.940.750.601.836.818.16
Total Liabilities279.04201.23204.97207.53132.00139.89151.16171.62
Fixed Assets0.190.190.190.180.180.170.170.16
CWIP0.000.000.000.000.000.000.000.00
Investments53.3050.0050.0050.0072.67121.08128.92149.02
Other Assets225.55151.04154.78157.3559.1518.6422.0722.44
Total Assets279.04201.23204.97207.53132.00139.89151.16171.62
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Cash from Operating Activity-63.584.551.38-2.01-0.44
Cash from Investing Activity80.780.70-7.6716.77-14.60
Cash from Financing Activity-17.42-0.880.000.000.00
Net Cash Flow-0.224.37-6.2914.75-15.04
Free Cash Flow-63.594.551.38-2.01-0.44
CFO/OP90%-705%-1,282%-194%-112%
Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Debtor Days6,261.1512,546.8838,081.672,920.00365.0073.00
Inventory Days
Days Payable
Cash Conversion Cycle6,261.1512,546.8838,081.672,920.00365.0073.00
Working Capital Days200,581.54325,032.501,640,675.001,992,900.00-18,615.0012,994.00
ROCE %-25.24%2.64%2.04%5.06%7.02%7.41%7.37%

Fundamentals

Market Cap₹ Cr.
Current Price₹
Book Value₹
ROCE7.37 %
ROE6.07 %
Dividend Yield%
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)21%
Standalone figures.
Profitability
Operating margin (excl. other income)-160.00%
Operating margin (incl. other income)18920.00%
EBITDA margin18920.00%
Pre-tax margin18920.00%
Net profit margin13340.00%
ROE4.95%
ROCE7.02%
ROA4.91%
ROE, 3-year average3.24%
ROCE, 3-year average4.71%
ROA, 3-year average3.22%
ROE, 5-year average-2.87%
ROCE, 5-year average-1.70%
ROA, 5-year average-2.66%
ROIC (approx.)4.89%
Tax rate29.39%
Other income / net worth6.91%
Growth
Sales growth (latest year)400.00%
Profit growth (latest year)15.20%
Sales CAGR, 3 years18.56%
Sales CAGR, 5 years-17.40%
Profit CAGR, 3 years14.53%
Per share
EPS (TTM)Rs 18.31
EPS (latest year)Rs 18.31
EPS, 3-year averageRs 13.92
EPS, 5-year averageRs -22.37
Book value per shareRs 379.08
Sales per shareRs 0.14
Cash flow per shareRs -1.21
Free cash flow per shareRs -1.21
Efficiency
Asset turnover0.00x
Fixed asset turnover0.29x
Debtor days73 days
Debtors turnover5.00x
Cash conversion cycle73 days
Working capital days12994 days
Leverage
Cash and bankRs 1 Cr
Net debtRs -1 Cr
Net debt / EBITDA-0.14x
Owners' fund to total sources98.69%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs -15 Cr
Net Cash Flow (latest year)Rs -15 Cr
Free cash flow (latest year)Rs -0 Cr
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -0 Cr
Other income (TTM)Rs 10 Cr
EBITDA (TTM)Rs 9 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 9 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 7 Cr
Net profit (latest year)Rs 7 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 0 Cr
Total income (latest year)Rs 10 Cr
Share capitalRs 4 Cr
ReservesRs 134 Cr
Shareholders' fundsRs 138 Cr
Total assetsRs 140 Cr
Net blockRs 0 Cr
InvestmentsRs 121 Cr
ReceivablesRs 0 Cr
Other liabilitiesRs 2 Cr
Shares outstanding (crore)0.36
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.

Red flags

F-score 6 of 8
explainWeak cash conversion Cash from operations was -7% of net profit over the last 3 years
lookProfit leans on other income Other income was 101% of pre-tax profit in 2018
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

No quarterly results published.

Activity

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No listed peers in this industry.
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Merind Ltd?

Merind Ltd (506895) has a market capitalisation of Rs Cr. at the close.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03