HM Mercantiles

Financial advisory services including mutual funds and investment planning in India.

About HM Mercantiles

HM Mercantiles is a Financial Services company. Financial advisory services including mutual funds and investment planning in India. Its Indian entity Hm Mercantiles Private Limited reported revenue of β‚Ή10.51 Cr. HM Mercantiles offers products and services including Mutual Funds Advisory and Life Insurance Services. Its focus areas include Investment Management, Mutual Funds, Advisory Services and Insurance.

Company details

HM Mercantiles is known for delivering financial advisory services that encompass mutual fund investments, life insurance, and tax savings options, with tools like calculators and research on top-performing funds being made available to support goal achievement. The company is situated in Bhubaneswar, Odisha, where assistance is provided for investment planning and retirement strategies, ensuring selections are based on individual risk profiles and long-term objectives. Comprehensive advice is offered to facilitate wealth creation through systematic approaches.

Key Metrics
  • Indian entity revenue
    ₹10.51 Cr

    FY 2024 · +16% YoY

  • Indian entity net profit
    ₹6.52 Cr

    FY 2024 · 62% margin

  • Indian entity EBITDA
    ₹7.92 Cr

    FY 2024 · 75% margin

Products & Services of HM Mercantiles

HM Mercantiles offers a comprehensive portfolio of products and services, including Mutual Funds Advisory and Life Insurance Services.

Mutual Funds Advisory
Financial Services

Advice on mutual funds is provided to align with investment horizons and risk profiles.

Life Insurance Services
Insurance Services

Life insurance plans are suggested to protect the financial future of families.

Board of directors of Hm Mercantiles Private Limited (HM Mercantiles)

Hm Mercantiles Private Limited is the primary company behind HM Mercantiles. The board of Hm Mercantiles Private Limited currently have 3 directors; the longest-serving is Hemalata Mahakud, appointed in 2014. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Hemalata Mahakud
DIN 02499769
Director06 Feb 201412 yrs 9 moHm Mercantiles Private Limited
Mayadhar Mahakud
DIN 01594469
Director06 Feb 201412 yrs 9 moHm Mercantiles Private Limited
Manas Ranjan Rout
DIN 06791693
Director01 Oct 20242 yrs 1 moHm Mercantiles Private Limited

Financials of HM Mercantiles

Figures of Hm Mercantiles Private Limited, the primary company behind HM Mercantiles, for FY 2024. Revenue was ₹10.51 Cr (+16% year on year). Net profit was ₹6.52 Cr (62% margin). EBITDA was ₹7.92 Cr (75% margin). Revenue has grown at a compounded annual rate of +13% over three years and +3% over five years.

  • ₹10.51 CrRevenue · FY 2024 · +16% YoY
  • ₹6.52 CrNet profit · 62% margin
  • ₹7.92 CrEBITDA · 75% margin
  • ₹47.5 LakhPaid-up capital
  • +13%Revenue CAGR, 3 years
  • +3%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Hm Mercantiles Private Limited are on its company page.

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Frequently Asked Questions about HM Mercantiles

The primary company behind HM Mercantiles, Hm Mercantiles Private Limited, reported revenue of β‚Ή10.51 Cr for FY 2024, up 16% year on year.

HM Mercantiles is known for delivering financial advisory services that encompass mutual fund investments, life insurance, and tax savings options, with tools like calculators and research on top-performing funds being made available to support goal achievement. The company is situated in Bhubaneswar, Odisha, where assistance is provided for investment planning and retirement strategies, ensuring selections are based on individual risk profiles and long-term objectives. Comprehensive advice is offered to facilitate wealth creation through systematic approaches.

HM Mercantiles offers Mutual Funds Advisory and Life Insurance Services.

HM Mercantiles operates through Hm Mercantiles Private Limited.

The legal entities of HM Mercantiles currently have 3 directors, including Hemalata Mahakud, Mayadhar Mahakud, Manas Ranjan Rout.

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