Sonal Mercantile Ltd
₹ 109
4.71%
16 Jan
10:52 a.m.
About
Incorporated in 1985, Sonal Mercantile Ltd is an NBFC which provides short term and long term finance
Key Points
- Market Cap ₹ 161 Cr.
- Current Price ₹ 109
- High / Low ₹ 153 / 78.0
- Stock P/E 16.6
- Book Value ₹ 47.0
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE 17.3 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 39.2% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 24.9%
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.45 | 2.33 | 2.33 | 2.59 | 2.80 | 4.21 | 13.11 | 18.51 | 20.91 | 26.47 | 39.46 | 35.29 | 35.92 | |
| 4.33 | 2.19 | 2.17 | 2.44 | 2.58 | 1.02 | 1.10 | 0.85 | 0.66 | 0.88 | 0.47 | 0.63 | 0.88 | |
| Operating Profit | 0.12 | 0.14 | 0.16 | 0.15 | 0.22 | 3.19 | 12.01 | 17.66 | 20.25 | 25.59 | 38.99 | 34.66 | 35.04 |
| OPM % | 2.70% | 6.01% | 6.87% | 5.79% | 7.86% | 75.77% | 91.61% | 95.41% | 96.84% | 96.68% | 98.81% | 98.21% | 97.55% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.11 | -0.10 | |
| Interest | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 2.23 | 9.35 | 11.46 | 12.06 | 15.03 | 23.29 | 20.77 | 21.89 |
| Depreciation | 0.08 | 0.07 | 0.05 | 0.03 | 0.02 | 0.01 | 0.00 | 0.00 | 0.00 | 0.04 | 0.06 | 0.04 | 0.04 |
| Profit before tax | 0.02 | 0.06 | 0.11 | 0.12 | 0.20 | 0.95 | 2.66 | 6.20 | 8.19 | 10.52 | 15.64 | 13.96 | 13.01 |
| Tax % | 50.00% | 33.33% | 45.45% | 33.33% | 25.00% | 25.26% | 25.19% | 25.32% | 25.52% | 25.38% | 25.13% | 25.50% | |
| 0.02 | 0.03 | 0.06 | 0.07 | 0.14 | 0.70 | 1.99 | 4.62 | 6.09 | 7.85 | 11.71 | 10.41 | 9.67 | |
| EPS in Rs | 0.01 | 0.02 | 0.04 | 0.05 | 0.09 | 0.47 | 1.35 | 3.13 | 4.13 | 5.33 | 7.95 | 7.06 | 6.56 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 22% |
| 3 Years: | 19% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 79% |
| 5 Years: | 39% |
| 3 Years: | 20% |
| TTM: | -18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 7% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 20% |
| 3 Years: | 20% |
| Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 |
| Reserves | 7.34 | 7.35 | 7.40 | 7.49 | 7.63 | 8.17 | 9.96 | 14.59 | 20.68 | 28.53 | 40.23 | 50.93 | 54.54 |
| 0.12 | 0.05 | 0.00 | 0.00 | 0.00 | 67.09 | 134.18 | 137.53 | 158.61 | 303.60 | 290.62 | 257.32 | 293.82 | |
| 0.08 | 0.11 | 0.37 | 0.43 | 0.06 | 0.42 | 8.12 | 26.39 | 16.66 | 15.08 | 16.13 | 16.39 | 13.36 | |
| Total Liabilities | 22.28 | 22.25 | 22.51 | 22.66 | 22.43 | 90.42 | 167.00 | 193.25 | 210.69 | 361.95 | 361.72 | 339.38 | 376.46 |
| 0.22 | 0.15 | 0.10 | 0.07 | 0.04 | 0.03 | 0.00 | 0.00 | 0.00 | 0.18 | 0.12 | 6.40 | 6.38 | |
| CWIP | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.03 | 3.87 | 7.82 | 7.83 | 6.34 | 6.73 | 1.18 | 3.03 |
| 22.06 | 22.10 | 22.40 | 22.56 | 22.36 | 90.36 | 163.13 | 185.43 | 202.86 | 355.43 | 354.87 | 331.80 | 367.05 | |
| Total Assets | 22.28 | 22.25 | 22.51 | 22.66 | 22.43 | 90.42 | 167.00 | 193.25 | 210.69 | 361.95 | 361.72 | 339.38 | 376.46 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.01 | 0.44 | -0.24 | 0.22 | -0.28 | -59.34 | -59.49 | 0.48 | -21.06 | -1.27 | 0.28 | 1.16 | |
| 0.00 | 0.00 | 0.00 | -0.03 | 0.00 | 0.07 | -3.80 | -3.95 | -0.01 | 1.36 | -0.25 | -0.37 | |
| -0.13 | -0.05 | 0.00 | 0.00 | 0.00 | 64.86 | 57.74 | 3.35 | 21.08 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | -0.14 | 0.39 | -0.24 | 0.20 | -0.28 | 5.60 | -5.56 | -0.12 | 0.01 | 0.08 | 0.03 | 0.78 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | 37.53 | 50.10 | 0.00 | 323.46 | 0.00 | |||||||
| Days Payable | 0.00 | 0.00 | 0.00 | |||||||||
| Cash Conversion Cycle | 37.53 | 50.10 | 0.00 | 323.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | 1,793.01 | 3,374.29 | 3,430.69 | 3,070.79 | 1,549.95 | 60.69 | -150.34 | -475.43 | -265.85 | -188.91 | -136.25 | -4.96 |
| ROCE % | 0.18% | 0.32% | 0.50% | 0.54% | 0.90% | 5.66% | 9.65% | 10.84% | 11.22% | 9.45% | 11.24% | 10.39% |
Documents
Announcements
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Enclosed Report On Transfer Request Of Physical Shares Re-Lodged Under The Special Window- Monthly Update
2d - Registrar reports zero physical share transfer re-lodgements Dec 2025–Jan 06, 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Jan - Enclosed certificate under regulation 74 (5) of the SEBI (Depositories and Participants) Regulations, 2018 for quarter ended December 31, 2025.
- Closure of Trading Window 23 Dec
-
Enclosed Report On Transfer Request Of Physical Shares Re-Lodged Under The Special Window - Update.
9 Dec 2025 - Zero re-lodged physical share transfer requests reported for November 2025 under SEBI's special window.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
17 Nov 2025 - Of Newspaper Advertisement of the unaudited Financial Results for the Half Year ended September 30, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Business Overview:[1]
Company is engaged in the business of providing Secured and Unsecured Loans & Advances to individuals and body corporates and also makes investment in quoted and unquoted securities. Company offers solutions for meeting specific liquidity requirements in Capital Markets.