MarketFriction

Trio Mercantile & Trading Ltd

BSE 534755 · Other Financial Services
₹2.27 -1.30%
BSE close2026-10-01
Market cap₹15.0 Cr.
P/E747

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
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.960.010.550.450.690.440.080.420.440.631.270.85
Expenses1.590.100.670.550.770.920.190.500.680.901.350.99
Operating Profit-0.63-0.09-0.12-0.10-0.08-0.48-0.11-0.08-0.24-0.27-0.08-0.14
OPM %-65.62%-900.00%-21.82%-22.22%-11.59%-109.09%-137.50%-19.05%-54.55%-42.86%-6.30%-16.47%
Other Income0.250.240.050.160.150.260.150.180.180.090.230.23
Interest0.000.000.000.000.000.000.000.000.000.000.030.03
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-0.380.15-0.070.060.07-0.220.040.10-0.06-0.180.120.06
Tax %0.00%0.00%0.00%0.00%28.57%0.00%0.00%30.00%-50.00%0.00%33.33%0.00%
Net Profit-0.380.15-0.070.060.04-0.220.040.08-0.04-0.180.080.06
EPS in Rs-0.060.02-0.010.010.01-0.030.010.01-0.01-0.030.010.01
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales18.8425.0729.4928.3012.275.544.373.652.471.652.703.19
Expenses19.6225.6729.5629.1413.066.975.714.703.462.413.353.92
Operating Profit-0.78-0.60-0.07-0.84-0.79-1.43-1.34-1.05-0.99-0.76-0.65-0.73
OPM %-4.14%-2.39%-0.24%-2.97%-6.44%-25.81%-30.66%-28.77%-40.08%-46.06%-24.07%-22.88%
Other Income1.020.920.811.061.360.060.880.950.780.720.680.73
Interest0.100.140.130.120.040.000.000.000.010.010.040.06
Depreciation0.070.070.010.010.010.000.000.000.000.000.000.00
Profit before tax0.070.110.600.090.52-1.37-0.46-0.10-0.22-0.05-0.01-0.06
Tax %71.43%27.27%25.00%11.11%32.69%0.00%0.00%0.00%0.00%0.00%400.00%
Net Profit0.020.070.460.070.35-1.37-0.46-0.10-0.22-0.05-0.05-0.08
EPS in Rs0.000.010.070.010.05-0.20-0.07-0.01-0.03-0.01-0.01-0.02
Dividend Payout %0.00%0.00%0.00%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-18%-13%-10%96%
Compounded Profit Growth10%16%36%133%
Stock Price CAGR-1%-2%48%236%
Return on Equity0%-1%0%0%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.5811.6511.6511.6511.6511.6513.5913.5913.5913.5913.5913.59
Reserves9.2013.6813.7514.2014.2114.4611.1510.7110.6110.3910.2710.22
Borrowings0.753.213.943.130.940.000.000.000.200.550.121.50
Other Liabilities1.644.202.382.723.980.984.363.823.062.803.643.94
Total Liabilities17.1732.7431.7231.7030.7827.0929.1028.1227.4627.3327.6229.25
Fixed Assets0.200.120.030.020.010.000.000.000.000.010.020.02
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.000.000.000.001.001.000.000.000.000.000.000.00
Other Assets16.9732.6231.6931.6829.7726.0929.1028.1227.4627.3227.6029.23
Total Assets17.1732.7431.7231.7030.7827.0929.1028.1227.4627.3327.6229.25
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2.411.531.48-0.476.98-3.462.01-2.01-1.88-1.350.67-3.67
Cash from Investing Activity0.55-12.10-1.421.44-4.754.09-2.122.001.750.870.112.11
Cash from Financing Activity-3.2610.580.33-0.93-2.29-0.980.000.000.200.33-0.501.35
Net Cash Flow-0.300.010.400.04-0.07-0.36-0.110.000.07-0.140.28-0.21
Free Cash Flow2.411.531.50-0.476.98-3.462.01-2.01-1.88-1.360.66-3.67
CFO/OP2,300%-205%-255%457%-843%413%-141%151%179%136%-88%565%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days62.7076.5328.1079.710.390.590.000.000.000.000.000.00
Inventory Days5.1341.2716.338.409.206.739.6617.0219.2631.9460.4533.80
Days Payable24.2424.220.0033.8750.346.15114.54181.2299.360.000.0064.89
Cash Conversion Cycle43.5993.5744.4354.25-40.751.18-104.88-164.21-80.1031.9460.45-31.09
Working Capital Days46.6150.9513.54177.49131.68251.66434.84215.49308.00505.38659.21792.19
ROCE %3.55%0.77%0.76%2.57%0.86%2.19%-1.46%-1.88%-0.41%-0.86%-0.16%0.53%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters4.81%4.81%4.81%4.81%4.81%4.81%4.81%4.81%4.81%4.81%4.81%4.81%
DIIs0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%0.03%
Public95.16%95.17%95.16%95.16%95.17%95.17%95.17%95.16%95.16%95.17%95.16%95.17%
No. of Shareholders11,02211,68111,65511,27211,32011,80211,80212,25312,56512,55312,39312,068

Fundamentals

Market Cap₹ 15.0 Cr.
Current Price₹ 2.20
Stock P/E747
Book Value₹ 3.50
ROCE0.53 %
ROE0.21 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)96%
Compounded Profit Growth (TTM)133%
Standalone figures.
Valuation
Market capRs 15 Cr
Enterprise valueRs 17 Cr
Price to book0.65x
Price to sales4.83x
EV / sales5.25x
Earnings yield-0.52%
P/B, 3-year average0.26x
P/B, 5-year average0.30x
Profitability
Operating margin (excl. other income)-24.07%
Operating margin (incl. other income)1.11%
EBITDA margin-0.63%
Pre-tax margin-1.88%
Net profit margin-2.51%
Net margin, latest quarter7.06%
ROE-0.21%
ROCE0.12%
ROA-0.18%
ROE, 3-year average-0.44%
ROCE, 3-year average-0.30%
ROA, 3-year average-0.39%
ROE, 5-year average-0.72%
ROCE, 5-year average-0.64%
ROA, 5-year average-0.63%
ROIC (approx.)-0.40%
Tax rate-400.00%
Other income / net worth2.86%
Growth
Sales growth (latest year)63.64%
Sales CAGR, 3 years-9.56%
Sales CAGR, 5 years-13.39%
Sales growth QoQ-33.07%
Profit growth QoQ-25.00%
Sales growth YoY (latest quarter)102.38%
Profit growth YoY (latest quarter)-25.00%
Per share
EPS (TTM)Rs -0.01
EPS (latest year)Rs -0.01
EPS (latest quarter)Rs 0.01
EPS, 3-year averageRs -0.02
EPS, 5-year averageRs -0.03
Book value per shareRs 3.50
Sales per shareRs 0.47
Cash flow per shareRs -0.54
Free cash flow per shareRs -0.54
Efficiency
Asset turnover0.09x
Fixed asset turnover135.00x
Inventory turnover10.84x
Inventory days34 days
Creditor days65 days
Cash conversion cycle-31 days
Working capital days792 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 0 Cr
Net debtRs 1 Cr
Debt to equity0.06x
Interest coverage-0.50x
Owners' fund to total sources81.40%
Debt to assets5.13%
Cash flow
Cash from Operating Activity (latest year)Rs -4 Cr
Cash from Investing Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -4 Cr
FCFE (approx.: FCF + change in debt)Rs -2 Cr
Statement figures
Net sales (TTM)Rs 3 Cr
Net sales (latest year)Rs 3 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs -0 Cr
PBDT (TTM)Rs -0 Cr
Profit before tax (TTM)Rs -0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -0 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 3 Cr
Total expenditure (latest year)Rs 3 Cr
Total income (latest year)Rs 3 Cr
Share capitalRs 14 Cr
ReservesRs 10 Cr
Shareholders' fundsRs 24 Cr
Total assetsRs 29 Cr
Net blockRs 0 Cr
InventoryRs 0 Cr
Other liabilitiesRs 4 Cr
Shares outstanding (crore)6.79
Ownership
Promoter holding4.81% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.65 is at the 56th percentile (median 0.57).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period534755Nifty 50Difference
1 week+1.8%-2.8% +4.6 pts
1 month-13.0%-6.8% -6.2 pts
3 months+16.4%-7.6% +24.0 pts
3 years+229.0%+14.2% +214.8 pts
5 years-6.2%+27.9% -34.1 pts

Red flags

F-score 4 of 8
explainHigh accruals Profit exceeded operating cash by 12% of total assets in 2026
lookRepeated losses Net loss in each of the last two years
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

Jun 2026
Sales ₹1 Cr +102.4% vs Jun 2025. Net profit ₹0 Cr -25.0%.

Activity

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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 Trio Mercantile & Trading Ltd?

Trio Mercantile & Trading Ltd (534755) has a market capitalisation of Rs 15.0 Cr. at the 2026-10-01 close.

What is the P/E ratio of Trio Mercantile & Trading Ltd?

Trio Mercantile & Trading Ltd trades at a P/E of 747 on trailing twelve-month profit, at the 2026-10-01 close.

What were Trio Mercantile & Trading Ltd's latest quarterly results?

In the Jun 2026 quarter, Trio Mercantile & Trading Ltd sales was Rs 1 Cr (+102.4% vs Jun 2025) and net profit was Rs 0 Cr.

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