Sonal Mercantile Ltd

Sonal Mercantile Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sonal Mercantile Ltd

₹ 107 -1.52%
22 Nov 3:40 p.m.
sonalmercantile.in BSE: 538943
About

Incorporated in 1985, Sonal Mercantile Ltd is an NBFC which provides short term and long term finance

Key Points

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.

Website BSE
  • Market Cap ₹ 158 Cr.
  • Current Price ₹ 107
  • High / Low ₹ 198 / 80.6
  • Stock P/E 13.3
  • Book Value ₹ 40.9
  • Dividend Yield 0.00 %
  • ROCE 11.2 %
  • ROE 23.8 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 75.7% CAGR over last 5 years

Cons

  • Stock is trading at 2.66 times its book value
  • 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%

* 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.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
5.04 5.01 5.68 5.69 5.85 6.37 8.97 9.64 10.05 9.36 10.26 9.43 9.07
0.13 0.13 0.27 0.10 0.09 0.11 0.58 0.09 0.15 -0.05 0.26 0.08 0.03
Operating Profit 4.91 4.88 5.41 5.59 5.76 6.26 8.39 9.55 9.90 9.41 10.00 9.35 9.04
OPM % 97.42% 97.41% 95.25% 98.24% 98.46% 98.27% 93.53% 99.07% 98.51% 100.53% 97.47% 99.15% 99.67%
0.05 0.00 0.07 0.00 0.08 0.00 0.00 0.00 0.00 0.00 0.14 0.00 0.00
Interest 3.24 3.33 2.36 3.21 3.35 3.77 4.70 6.09 6.37 5.83 5.01 5.76 5.48
Depreciation 0.00 0.00 0.00 0.00 0.01 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 1.72 1.55 3.12 2.38 2.48 2.47 3.67 3.45 3.52 3.57 5.12 3.58 3.55
Tax % 30.81% 20.65% 25.96% 25.21% 25.00% 25.10% 22.34% 25.22% 25.00% 25.21% 25.20% 25.14% 25.35%
1.19 1.24 2.32 1.78 1.85 1.85 2.84 2.58 2.63 2.67 3.82 2.69 2.65
EPS in Rs 0.81 0.84 1.57 1.21 1.26 1.26 1.93 1.75 1.78 1.81 2.59 1.83 1.80
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
7 4 2 2 3 3 4 13 19 21 26 39 38
7 4 2 2 2 3 1 1 1 1 1 0 0
Operating Profit 0 0 0 0 0 0 3 12 18 20 26 39 38
OPM % 0% 3% 6% 7% 6% 8% 76% 92% 95% 97% 97% 99% 99%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 2 9 11 12 15 23 22
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 0 0 0 0 0 1 3 6 8 11 16 16
Tax % 50% 50% 33% 45% 33% 25% 25% 25% 25% 26% 25% 25%
-0 0 0 0 0 0 1 2 5 6 8 12 12
EPS in Rs -0.01 0.01 0.02 0.04 0.05 0.09 0.47 1.35 3.13 4.13 5.33 7.95 8.03
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 24%
5 Years: 56%
3 Years: 29%
TTM: 9%
Compounded Profit Growth
10 Years: 89%
5 Years: 76%
3 Years: 36%
TTM: 19%
Stock Price CAGR
10 Years: %
5 Years: 17%
3 Years: 48%
1 Year: 20%
Return on Equity
10 Years: 12%
5 Years: 19%
3 Years: 21%
Last Year: 24%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 15 15 15 15 15 15 15 15 15 15 15 15 15
Reserves 7 7 7 7 7 8 8 10 15 21 29 40 46
0 0 0 0 0 0 67 134 138 159 304 291 251
0 0 0 0 0 0 0 8 26 17 15 16 14
Total Liabilities 22 22 22 23 23 22 90 167 193 211 362 362 325
0 0 0 0 0 0 0 0 0 0 0 0 6
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 4 8 8 6 7 0
22 22 22 22 23 22 90 163 185 203 355 355 318
Total Assets 22 22 22 23 23 22 90 167 193 211 362 362 325

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-6 -0 0 -0 0 -0 -59 -59 0 -21 -1 0
6 0 0 0 -0 0 0 -4 -4 -0 1 -0
0 -0 -0 0 0 0 65 58 3 21 0 0
Net Cash Flow 0 -0 0 -0 0 -0 6 -6 -0 0 0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 69 0 0 0 0 0 0 0 0 0 0 0
Inventory Days 0 38 50 0 323 0
Days Payable 0 0 0
Cash Conversion Cycle 69 38 50 0 323 0 0 0 0 0 0 0
Working Capital Days 1,158 1,793 3,374 3,431 3,071 1,550 61 -150 -475 -266 -189 -136
ROCE % -0% 0% 0% 0% 1% 1% 6% 10% 11% 11% 9% 11%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
24.92% 24.92% 24.92% 24.92% 24.92% 24.92% 24.92% 24.92% 24.92% 24.92% 24.92% 24.92%
75.08% 75.08% 75.08% 75.10% 75.09% 75.09% 75.08% 75.09% 75.09% 75.09% 75.08% 75.09%
No. of Shareholders 8699769981,1901,8001,9091,9371,9671,9401,9431,8802,079

Documents

Announcements

Annual reports