Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | -0.00 | -0.00 | 0.03 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Expenses | 0.14 | 0.12 | 0.07 | 0.40 | 0.61 | 1.05 | 0.16 | 0.88 | 0.20 | 0.91 | 1.32 | 3.10 |
| Operating Profit | -0.14 | -0.12 | -0.04 | -0.40 | -0.61 | -1.05 | -0.16 | -0.88 | -0.20 | -0.91 | -1.32 | -3.10 |
| OPM % | -133.33% | |||||||||||
| Other Income | -0.00 | -0.00 | 0.07 | 0.36 | 0.63 | 1.15 | 2.97 | 1.65 | 1.57 | 1.66 | 1.76 | 2.58 |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Profit before tax | -0.14 | -0.12 | 0.03 | -0.04 | 0.02 | 0.10 | 2.81 | 0.77 | 1.37 | 0.75 | 0.44 | -0.52 |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | 20.00% | 24.91% | 24.68% | 25.55% | 30.67% | 25.00% | -0.00% |
| Net Profit | -0.14 | -0.12 | 0.03 | -0.04 | 0.02 | 0.07 | 2.11 | 0.58 | 1.02 | 0.51 | 0.33 | -0.52 |
| EPS in Rs | -0.42 | -0.36 | 0.09 | -0.12 | 0.06 | 0.21 | 6.39 | 1.76 | 3.09 | 0.08 | 0.05 | -0.08 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.10 | 0.19 | 0.20 | 0.16 | 0.18 | 0.18 | 0.10 | 0.08 | 0.10 | 3.67 | -0.00 | 0.00 |
| Expenses | 0.09 | 0.18 | 0.19 | 0.16 | 0.18 | 0.17 | 0.10 | 0.09 | 0.27 | 0.29 | 3.30 | 5.53 |
| Operating Profit | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | 0.01 | -0.00 | -0.01 | -0.17 | 3.38 | -3.30 | -5.53 |
| OPM % | 10.00% | 5.26% | 5.00% | -0.00% | -0.00% | 5.56% | -0.00% | -12.50% | -170.00% | 92.10% | ||
| Other Income | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 6.63 | 7.57 |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.06 | 0.49 | -0.00 | 0.00 |
| Depreciation | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 |
| Profit before tax | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | 0.01 | -0.00 | -0.01 | -0.23 | 2.89 | 3.33 | 2.04 |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | 24.91% | 26.43% | ||||
| Net Profit | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | 0.01 | -0.00 | -0.01 | -0.23 | 2.16 | 2.44 | 1.34 |
| EPS in Rs | 0.03 | 0.03 | 0.03 | -0.00 | -0.00 | 0.03 | -0.00 | -0.03 | -0.70 | 6.55 | 0.38 | 3.14 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | -100% | ||
| Compounded Profit Growth | 73% | 200% | 527% | -52% | ||
| Stock Price CAGR | % | % | % | -74% | ||
| Return on Equity | 5% | 6% | 7% | 4% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 3.30 | 63.40 |
| Reserves | 0.05 | 0.05 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | -0.16 | 1.99 | 40.98 |
| Borrowings | -0.00 | -0.00 | 0.11 | 0.03 | 0.11 | 0.20 | 0.08 | 0.06 | 0.06 | 15.58 | 90.87 | 48.40 |
| Other Liabilities | 0.01 | 0.02 | 0.31 | 0.05 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.82 | 2.87 |
| Total Liabilities | 3.36 | 3.37 | 3.78 | 3.45 | 3.50 | 3.59 | 3.46 | 3.44 | 3.43 | 18.74 | 96.98 | 155.65 |
| Fixed Assets | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | -0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | 13.68 |
| Other Assets | 3.36 | 3.36 | 3.77 | 3.44 | 3.49 | 3.58 | 3.45 | 3.43 | 3.43 | 18.74 | 96.98 | 141.97 |
| Total Assets | 3.36 | 3.37 | 3.78 | 3.45 | 3.50 | 3.59 | 3.46 | 3.44 | 3.43 | 18.74 | 96.98 | 155.65 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.01 | -0.00 | -0.06 | 0.27 | -0.08 | -0.10 | 0.12 | 0.02 | -0.00 | -15.43 | -74.93 | -54.60 |
| Cash from Investing Activity | -0.00 | 0.78 | -0.00 | -0.36 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Cash from Financing Activity | -0.00 | -0.00 | 0.11 | -0.07 | 0.08 | 0.08 | -0.12 | -0.02 | -0.00 | 15.47 | 74.86 | 54.18 |
| Net Cash Flow | -0.01 | 0.79 | 0.04 | -0.16 | -0.00 | -0.01 | -0.00 | -0.00 | -0.00 | 0.04 | -0.08 | -0.42 |
| Free Cash Flow | -0.01 | -0.00 | -0.06 | 0.27 | -0.08 | -0.10 | 0.12 | 0.02 | -0.00 | -15.43 | -74.93 | -54.60 |
| CFO/OP | -100% | -0% | -600% | 2,700% | 1,200% | -0% | 9,076% | -2,217% | 1,628% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,176.11 | 1,095.00 | 826.05 | 584.00 | 912.50 | 1,013.89 | 871.94 | 1,496.50 | 1,870.62 | 1,496.50 | 33.81 | |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 1,176.11 | 1,095.00 | 826.05 | 584.00 | 912.50 | 1,013.89 | 871.94 | 1,496.50 | 1,870.62 | 1,496.50 | 33.81 | |
| Working Capital Days | 2,595.56 | 2,299.50 | 1,344.74 | 803.00 | 1,186.25 | 1,074.72 | 973.33 | 1,679.00 | 2,098.75 | 1,642.50 | -26.85 | |
| ROCE % | 0.30% | 0.30% | 0.29% | 0.29% | -0.00% | -0.00% | 0.28% | -0.00% | -0.29% | -1.54% | 5.88% | 2.68% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.70% | 74.70% | 65.35% | 59.99% | 59.99% | 59.99% | 59.99% | 59.99% | 59.99% | 3.12% | 3.12% | 3.12% |
| Public | 25.30% | 25.30% | 34.65% | 40.01% | 40.01% | 40.01% | 40.01% | 40.01% | 40.00% | 96.88% | 96.87% | 96.88% |
| No. of Shareholders | 590 | 591 | 589 | 588 | 588 | 588 | 595 | 600 | 603 | 693 | 825 | 889 |
Fundamentals
Market Cap₹ 311 Cr.
Current Price₹ 49.0
Stock P/E232
Book Value₹ 16.5
ROCE2.68 %
ROE4.45 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-100%
Compounded Profit Growth (TTM)-52%
Standalone figures.
Valuation
Market capRs 310 Cr
Enterprise valueRs 359 Cr
P/E (TTM)231.66x
Price to book2.97x
EV / EBITDA175.79x
EV / EBIT175.79x
Earnings yield0.43%
P/E, 3-year average5.67x
P/B, 3-year average2.03x
P/E, 5-year average5.67x
P/B, 5-year average1.76x
Profitability
ROE4.45%
ROCE2.68%
ROA1.93%
ROE, 3-year average16.21%
ROCE, 3-year average2.34%
ROA, 3-year average1.20%
ROE, 5-year average12.08%
ROCE, 5-year average1.68%
ROA, 5-year average0.82%
ROIC (approx.)0.98%
Tax rate26.43%
Other income / net worth6.35%
Growth
Profit growth (latest year)12.96%
Profit CAGR, 5 years200.25%
Profit growth QoQ-257.58%
Profit growth YoY (latest quarter)-189.66%
Per share
EPS (TTM)Rs 0.21
EPS (latest quarter)Rs -0.08
EPS, 3-year averageRs 2.92
EPS, 5-year averageRs 1.94
Book value per shareRs 16.46
Cash flow per shareRs -8.61
Free cash flow per shareRs -8.61
Efficiency
Cash conversion cycle34 days
Working capital days-27 days
Leverage
Total debtRs 48 Cr
Cash and bankRs 0 Cr
Net debtRs 48 Cr
Debt to equity0.46x
Net debt / EBITDA23.62x
Owners' fund to total sources67.06%
Debt to assets31.10%
Cash flow
Cash from Operating Activity (latest year)Rs -55 Cr
Cash from Financing Activity (latest year)Rs 54 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -55 Cr
FCFE (approx.: FCF + change in debt)Rs -97 Cr
Cash from ops / profit, 5 years-33.24x
Statement figures
Operating profit (latest quarter)Rs -3 Cr
Other income (TTM)Rs 8 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs -1 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 7 Cr
Share capitalRs 63 Cr
ReservesRs 41 Cr
Shareholders' fundsRs 104 Cr
Total assetsRs 156 Cr
InvestmentsRs 14 Cr
ReceivablesRs 0 Cr
Other liabilitiesRs 3 Cr
Shares outstanding (crore)6.34
Ownership
Promoter holding3.12% (-56.87 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 2.97 is at the 6th percentile (median 31.61).
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.
| Period | 540199 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +4.7% | -2.8% | +7.5 pts |
| 1 month | +0.1% | -6.8% | +6.9 pts |
| 3 months | -19.1% | -7.6% | -11.5 pts |
| 3 years | +165.8% | +14.2% | +151.6 pts |
| 5 years | +238.6% | +27.9% | +210.7 pts |
Red flags
F-score 2 of 6| explain | Weak cash conversion Cash from operations was -3317% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 37% of total assets in 2026 |
| explain | Share dilution Share count up 1821% in a year, 1821% in three |
| look | Profit leans on other income Other income was 199% of pre-tax profit in 2026 |
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 2026Sales ₹0 Cr.
Net loss ₹1 Cr.
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 Corporate Merchant Bankers Ltd?
Corporate Merchant Bankers Ltd (540199) has a market capitalisation of Rs 311 Cr. at the 2026-10-01 close.
What is the P/E ratio of Corporate Merchant Bankers Ltd?
Corporate Merchant Bankers Ltd trades at a P/E of 232 on trailing twelve-month profit, at the 2026-10-01 close.
What were Corporate Merchant Bankers Ltd's latest quarterly results?
In the Jun 2026 quarter, Corporate Merchant Bankers Ltd sales was Rs 0 Cr with a net loss of Rs 1 Cr.