About MERSL
MERSL is a publicly listed company based in India. It operates as a financial assistance through loan syndication is provided by MERSL. It operates on a Brokerage / Intermediation model. Its Indian entity Mathew Easow Research Securities Ltd reported revenue of βΉ3.49 Cr. MERSL offers products and services including Loan Syndication and Share Trading. Its focus areas include Financials, Capital Markets and Financial Advisory.
Company details
Mathew Easow Research Securities Limited (MERSL) is engaged in offering financial assistance to corporate bodies through the syndication of loans from various banks and financial institutions. Additionally, share trading services are provided to clients. The company operates within the financial advisory and capital markets sector, focusing on professionalism and integrity as core strengths. Operations are primarily based in Kolkata, India, where the registered office is located.
- Headquarters India
- Stage Public
- SectorsFinancial Services
- Phoneβ’β’β’β’ β’β’β’β’
- Website mersl.co.in
- Legal Name Mathew Easow Research Securities Ltd
- Annual Revenue₹3.49 Cr
FY 2019 · -15% YoY
- Net Profit₹13 Lakh
FY 2019 · 4% margin
- EBITDA₹1.46 Cr
FY 2019 · 42% margin
Associated legal entities of MERSL
MERSL operates through Mathew Easow Research Securities Ltd, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mathew Easow Research Securities Ltd Listed CIN L74910WB1994PLC064483 | Active | 12 Aug 1994 | Kolkata, West Bengal | ₹3.5 Cr | 4 | 5 | View details |
Products & Services of MERSL
MERSL offers a comprehensive portfolio of products and services, including Loan Syndication and Share Trading.
Assistance in syndicating loans for corporate bodies provided.
Share trading services are offered to various clients.
Board of directors of Mathew Easow Research Securities Ltd (MERSL)
Mathew Easow Research Securities Ltd is the primary company behind MERSL. The board of Mathew Easow Research Securities Ltd currently have 4 directors; the longest-serving is Beda Nand Choudhary, appointed in 2010. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Beda Nand Choudhary DIN 00080175 | Whole-time director | 14 Jan 2010 | 16 yrs 9 mo | Mathew Easow Research Securities Ltd |
| Pritha Sinha Pandey DIN 07016238 | Director | 14 Nov 2014 | 11 yrs 11 mo | Mathew Easow Research Securities Ltd |
| Ganga Sharan Pandey DIN 02292513 | Additional Director | 07 Feb 2026 | 8 mo | Mathew Easow Research Securities Ltd |
| Sarika Kedia DIN 11244153 | Additional Director | 27 May 2026 | 4 mo | Mathew Easow Research Securities Ltd |
IPO & Listings of MERSL
MERSL is a publicly listed company on the BSE with ticker symbol MATHEWE in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Mar 1995
- Listed onBSE: 511688
- Listed entityMathew Easow Research Securities Ltd
- Exchange sectorFinance
- ISININE963B01019
- Share price₹12.47 (-0.56% on the day) · 2026-10-12
- Market capitalisation₹8.3 Cr
- Price to earnings101.5
- EPS (diluted, trailing year)₹0.12
- Volume (last session)3,022
Financials of MERSL
Figures of Mathew Easow Research Securities Ltd, the primary company behind MERSL, for FY 2019. Revenue was ₹3.49 Cr (-15% year on year). Net profit was ₹13 Lakh (4% margin). EBITDA was ₹1.46 Cr (42% margin). Revenue has grown at a compounded annual rate of -28% over three years.
- ₹3.49 CrRevenue · FY 2019 · -15% YoY
- ₹13 LakhNet profit · 4% margin
- ₹1.46 CrEBITDA · 42% margin
- ₹6.65 CrPaid-up capital
- 4Employees (provident fund records)
- -28%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | ₹2.8 Cr | ₹0.1 Cr | ₹1.8 Cr |
| 2024 | ₹2.7 Cr | ₹0.1 Cr | ₹2.1 Cr |
| 2023 | ₹14.5 Cr | ₹0.1 Cr | ₹2.0 Cr |
| 2022 | ₹2.5 Cr | ₹0.0 Cr | ₹2.0 Cr |
| 2021 | ₹2.4 Cr | ₹0.1 Cr | ₹1.7 Cr |
Balance sheet, profit and loss, cash flow and ratios of Mathew Easow Research Securities Ltd are on its company page.
Detailed financial statements for MERSL
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
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Verified entity values are shown only after access is granted.
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Related news about Mersl
Complete news archive for MERSL
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Frequently Asked Questions about MERSL
MERSL is headquartered in India.
The primary company behind MERSL, Mathew Easow Research Securities Ltd, reported revenue of βΉ3.49 Cr for FY 2019, down 15% year on year.
Mathew Easow Research Securities Limited (MERSL) is engaged in offering financial assistance to corporate bodies through the syndication of loans from various banks and financial institutions. Additionally, share trading services are provided to clients. The company operates within the financial advisory and capital markets sector, focusing on professionalism and integrity as core strengths. Operations are primarily based in Kolkata, India, where the registered office is located.
MERSL offers Loan Syndication and Share Trading.
Yes, MERSL is publicly traded on BSE under the ticker symbol MATHEWE.
MERSL operates through Mathew Easow Research Securities Ltd.
The legal entities of MERSL currently have 5 directors, including Pritha Sinha Pandey, Beda Nand Choudhary, Rajshree Mundhra and others.

