MERCANTILE

Mercantile Ventures Share PriceMercantile Ventures

₹22.62
0.53 (2.4%)
As on 06 December, 2023 | 16:35 BSE: 538942 NSE: MERCANTILEISIN: INE689O01013

Mercantile Ventures Performance

Day Range

  • Low
  • High
₹ 22.62

52 Week Range

  • Low
  • High
₹ 22.62
  • Open Price
  • Previous Close
  • Volume

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Mercantile Ventures Share Price

  • Over 1 Month 5.26%
  • Over 3 Month -2.08%
  • Over 6 Month 35.45%
  • Over 1 Year 19.05%

Mercantile Ventures Key Statistics

Mercantile Ventures Investment Rating

  • Master Rating:
  • Mercantile Ventures has an operating revenue of Rs. 54.39 Cr. on a trailing 12-month basis. An annual revenue growth of 1% is not great, Pre-tax margin of 19% is great, ROE of 4% is fair but needs improvement. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 13% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 18% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 23 which is a POOR score indicating inconsistency in earnings, a RS Rating of 44 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D+ which indicates heavy supply, Group Rank of 44 indicates it belongs to a fair industry group of Real Estate Dvlpmt/Ops and a Master Score of D is close to being the worst. Institutional holding has remained stable in the last reported quarter. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Mercantile Ventures Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 7766544
Operating Expenses Qtr Cr 6665443
Operating Profit Qtr Cr 1101111
Depreciation Qtr Cr 0000000
Interest Qtr Cr 0000000
Tax Qtr Cr 0301011
Net Profit Qtr Cr 1-102124
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2722
Operating Expenses Annual Cr 1812
Operating Profit Annual in Cr 23
Depreciation Cr 11
Interest Annual Cr 00
Tax Annual Cr 22
Net Profit Annual Cr 79
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -1218
Cash from Investing Activity Annual Cr 7-35
Cash from Financing Annual Activity Cr 4
Net Cash Flow Annual Cr -1-17
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 302311
Fixed Assets Annual Cr 6162
Total Non Current Assets Annual Cr 253188
Total Current Assets Annual Cr 65139
Total Assets Annual Cr 318327
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 2728
ROE Annual % 23
ROCE Annual % 23
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 4068
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 15141312111010
Operating Expenses Qtr Cr 1413131210910
Operating Profit Qtr Cr 1101110
Depreciation Qtr Cr 0000000
Interest Qtr Cr 0000000
Tax Qtr Cr 0401013
Net Profit Qtr Cr 1-1292225
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 5453
Operating Expenses Annual Cr 4435
Operating Profit Annual in Cr 32
Depreciation Cr 11
Interest Annual Cr 11
Tax Annual Cr 25
Net Profit Annual Cr 1611
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 21-6
Cash from Investing Activity Annual Cr -26-10
Cash from Financing Annual Activity Cr 4
Net Cash Flow Annual Cr -1-16
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 330338
Fixed Assets Annual Cr 7374
Total Non Current Assets Annual Cr 261197
Total Current Assets Annual Cr 85159
Total Assets Annual Cr 350360
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3030
ROE Annual % 53
ROCE Annual % 35
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2150

Mercantile Ventures Technicals

EMA & SMA

Current Price
₹22.62
0.53 (2.4%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹22.07
  • 50 Day
  • ₹21.90
  • 100 Day
  • ₹21.29
  • 200 Day
  • ₹20.34
  • 20 Day
  • ₹22.10
  • 50 Day
  • ₹22.05
  • 100 Day
  • ₹21.40
  • 200 Day
  • ₹19.53

Mercantile Ventures Resistance and Support

PIVOT
₹22.25
Resistance
First Resistance 22.84
Second Resistance 23.58
Third Resistance 24.18
RSI 50.44
MFI 55.26
MACD Single Line 0.05
MACD 0.06
Support
First Resistance 21.50
Second Resistance 20.90
Third Resistance 20.16

Mercantile Ventures Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,892 146,403 77.38
Week 6,405 539,271 84.19
1 Month 6,468 502,334 77.66
6 Month 10,727 766,572 71.46

Mercantile Ventures Result Highlights

Mercantile Ventures Synopsis

BSE-Real Estate Dvlpmt/Ops

Mercantile Ventures belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs. 20.77 Cr. and Equity Capital is Rs. 111.92 Cr. for the Year ended 31/03/2023. Mercantile Ventures Ltd. is a Public Limited Listed company incorporated on 23/12/1985 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65191TN1985PLC037309 and registration number is 037309.
Market Cap 253
Sales 26
Shares in Float 3.02
No of funds 1
Yield
Book Value 0.77
U/D Vol ratio 0.7
LTDebt / Equity
Alpha 0.05
Beta 0.69

Mercantile Ventures

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 72.75%72.75%72.75%69.43%
Financial Institutions/ Banks
Individual Investors 9.5%9.51%9.48%9.49%
Others 17.75%17.74%17.77%21.08%

Mercantile Ventures Management

Name Designation
Mr. E N Rangaswami Whole Time Director
Mr. A L Chandramouli Director
Ms. Sashikala Srikanth Director
Mr. B Narendran Director
Mr. G D Sharma Director
Mr. K Gopalakrishnan Director

Mercantile Ventures Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Mercantile Ventures Corporate Action

Date Purpose Remarks
2023-11-10 Quarterly Results
2023-08-14 Quarterly Results
2023-05-26 Audited Results
2023-02-14 Quarterly Results
2022-08-12 Quarterly Results

Mercantile Ventures FAQs

What is Share Price of Mercantile Ventures ?

Mercantile Ventures share price is ₹22 As on 06 December, 2023 | 16:21

What is the Market Cap of Mercantile Ventures ?

The Market Cap of Mercantile Ventures is ₹253.2 Cr As on 06 December, 2023 | 16:21

What is the P/E ratio of Mercantile Ventures ?

The P/E ratio of Mercantile Ventures is 162.1 As on 06 December, 2023 | 16:21

What is the PB ratio of Mercantile Ventures ?

The PB ratio of Mercantile Ventures is 0.7 As on 06 December, 2023 | 16:21

Q2FY23