MarketFriction

Chandrima Mercantiles Ltd

BSE 540829 · Trading & Distributors
₹11.53 -1.96%
BSE close2026-10-01
Market cap₹400 Cr.
P/E161

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
Sales2.022.7510.546.258.096.098.764.4157.3611.793.970.71
Expenses2.192.658.805.387.185.6910.253.9851.8211.625.350.64
Operating Profit-0.170.101.740.870.910.40-1.490.435.540.17-1.380.07
OPM %-8.42%3.64%16.51%13.92%11.25%6.57%-17.01%9.75%9.66%1.44%-34.76%9.86%
Other Income-2.360.340.620.000.000.000.000.000.250.000.000.00
Interest0.000.000.000.000.000.000.000.010.000.000.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax-2.530.442.360.870.910.40-1.490.425.790.17-1.380.07
Tax %0.00%0.00%0.00%26.44%26.37%0.00%-33.56%0.00%26.94%-141.18%58.70%28.57%
Net Profit-2.530.442.360.640.680.40-0.990.424.230.41-2.200.05
EPS in Rs-0.770.130.720.190.020.01-0.030.010.130.01-0.070.00
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales0.292.640.650.000.0013.9719.8121.8819.3929.1977.5473.83
Expenses0.322.650.660.050.0817.6719.8021.8717.7428.4972.7969.43
Operating Profit-0.03-0.01-0.01-0.05-0.08-3.700.010.011.650.704.754.40
OPM %-10.34%-0.38%-1.54%-26.49%0.05%0.05%8.51%2.40%6.13%5.96%
Other Income0.040.040.030.060.080.000.010.01-1.390.000.250.25
Interest0.000.000.010.000.000.000.000.000.000.010.000.00
Depreciation0.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax0.010.030.010.010.00-3.700.020.020.260.695.004.65
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-5.80%20.00%
Net Profit0.010.030.000.010.00-3.700.020.020.260.734.002.49
EPS in Rs0.000.010.000.000.00-1.120.010.010.080.020.120.07
Dividend Payout %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 Growth75%41%52%170%
Compounded Profit Growth82%25%485%388%
Stock Price CAGR%111%213%156%
Return on Equity%%3%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.252.212.212.212.212.212.212.212.212.2122.2133.32
Reserves0.371.111.141.141.091.09-2.61-2.59-2.5745.1879.2167.39
Borrowings0.000.300.300.300.300.980.330.334.363.573.116.05
Other Liabilities0.020.030.140.010.010.012.9616.5319.4520.649.4012.36
Total Liabilities0.643.653.793.663.614.292.8916.4823.4571.60113.93119.12
Fixed Assets0.000.000.000.000.000.000.000.000.000.000.000.00
CWIP0.000.000.000.000.000.000.000.000.000.000.000.00
Investments0.030.640.640.640.131.080.283.683.6862.6980.1520.06
Other Assets0.613.013.153.023.483.212.6112.8019.778.9133.7899.06
Total Assets0.643.653.793.663.614.292.8916.4823.4571.60113.93119.12
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.00-2.31-0.06-0.580.08-0.52-0.233.17-3.535.41-38.26-57.51
Cash from Investing Activity0.00-0.610.000.000.50-0.940.79-3.390.00-6.247.2460.08
Cash from Financing Activity0.003.000.000.57-0.601.47-0.520.203.500.8331.04-2.58
Net Cash Flow0.000.09-0.06-0.01-0.020.010.04-0.02-0.030.010.01-0.01
Free Cash Flow0.00-2.31-0.06-0.580.08-0.52-0.233.17-3.535.41-38.26-57.51
CFO/OP0%7,700%600%5,800%-160%650%6%31,700%-35,300%328%-5,466%-1,211%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0.00239.14106.46190.924.7066.33202.18156.43148.5589.77
Inventory Days0.001,186.253.240.000.001.124.870.00275.34127.14
Days Payable0.0021.09306.43325.170.262.54
Cash Conversion Cycle0.001,425.3988.61190.924.70-238.98-118.11156.43423.63214.37
Working Capital Days1,314.001,460.00118.90803.00-43.11-88.26-20.85-98.83415.52454.58
ROCE %1.67%0.47%0.83%0.55%0.28%0.00%-175.77%1.01%6.19%0.90%4.73%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Public100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
No. of Shareholders2,2932,3422,4762,3392,4132,5562,6552,6264,73011,1338,8798,160

Fundamentals

Market Cap₹ 400 Cr.
Current Price₹ 12.0
Stock P/E161
Book Value₹ 3.02
ROCE4.73 %
ROE3.96 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)170%
Compounded Profit Growth (TTM)388%
Standalone figures.
Valuation
Market capRs 384 Cr
Enterprise valueRs 390 Cr
P/E (TTM)154.27x
Price to book3.81x
Price to sales5.20x
EV / EBITDA83.91x
EV / EBIT83.91x
EV / sales5.28x
Earnings yield0.65%
P/E, 3-year average4.53x
P/B, 3-year average0.08x
P/E, 5-year average4.22x
P/B, 5-year average-0.04x
Profitability
Operating margin (excl. other income)6.13%
Operating margin (incl. other income)6.45%
EBITDA margin6.30%
Pre-tax margin6.30%
Net profit margin3.37%
Net margin, latest quarter7.04%
ROE3.96%
ROCE4.73%
ROA3.43%
ROE, 3-year average2.01%
ROCE, 3-year average2.19%
ROA, 3-year average1.59%
ROE, 5-year average-0.90%
ROCE, 5-year average1.90%
ROA, 5-year average1.01%
ROIC (approx.)3.48%
Tax rate20.00%
Other income / net worth0.25%
Growth
Sales growth (latest year)165.64%
Profit growth (latest year)447.95%
Sales CAGR, 3 years52.46%
Sales CAGR, 5 years40.89%
Profit CAGR, 3 years484.80%
Sales growth QoQ-82.12%
Sales growth YoY (latest quarter)-83.90%
Profit growth YoY (latest quarter)-88.10%
Per share
EPS (TTM)Rs 0.07
EPS (latest year)Rs 1.20
EPS (latest quarter)Rs 0.00
EPS, 3-year averageRs 0.90
EPS, 5-year averageRs 0.58
Book value per shareRs 3.02
Sales per shareRs 2.22
Cash flow per shareRs -1.73
Free cash flow per shareRs -1.73
Efficiency
Asset turnover0.65x
Inventory turnover2.87x
Inventory days127 days
Debtor days90 days
Debtors turnover4.07x
Creditor days3 days
Cash conversion cycle214 days
Working capital days455 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 0 Cr
Net debtRs 6 Cr
Debt to equity0.06x
Net debt / EBITDA1.30x
Owners' fund to total sources84.55%
Debt to assets5.08%
Cash flow
Cash from Operating Activity (latest year)Rs -58 Cr
Cash from Investing Activity (latest year)Rs 60 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -58 Cr
FCFE (approx.: FCF + change in debt)Rs -55 Cr
Cash from ops / profit, 5 years-18.04x
Statement figures
Net sales (TTM)Rs 74 Cr
Net sales (latest year)Rs 78 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs 5 Cr
Operating profit (latest quarter)Rs 0 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 4 Cr
Net profit (latest quarter)Rs 0 Cr
Cost of goods sold (latest year)Rs 72 Cr
Total expenditure (latest year)Rs 73 Cr
Total income (latest year)Rs 78 Cr
Share capitalRs 33 Cr
ReservesRs 67 Cr
Shareholders' fundsRs 101 Cr
Total assetsRs 119 Cr
InvestmentsRs 20 Cr
ReceivablesRs 19 Cr
InventoryRs 25 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)33.32
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 154.3 is at the 62th percentile of its own 2.0-year range (median 114.3, low 24.1, high 330.6).
P/B 3.81 is at the 72th percentile (median 2.52).
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.
Period540829Nifty 50Difference
1 week-9.4%-2.8% -6.6 pts
1 month-5.8%-6.8% +1.0 pts
3 months+88.7%-7.6% +96.3 pts
3 years+2856.4%+14.2% +2842.2 pts
5 years+4017.9%+27.9% +3990.0 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -1811% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 52% of total assets 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 2026
Sales ₹1 Cr -83.9% vs Jun 2025. Net profit ₹0 Cr -88.1%.

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 Chandrima Mercantiles Ltd?

Chandrima Mercantiles Ltd (540829) has a market capitalisation of Rs 400 Cr. at the 2026-10-01 close.

What is the P/E ratio of Chandrima Mercantiles Ltd?

Chandrima Mercantiles Ltd trades at a P/E of 161 on trailing twelve-month profit, at the 2026-10-01 close.

What were Chandrima Mercantiles Ltd's latest quarterly results?

In the Jun 2026 quarter, Chandrima Mercantiles Ltd sales was Rs 1 Cr (-83.9% 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