
About Chandrima Mercantiles Ltd
Data last updated:
Chandrima Mercantiles Ltd is a public limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 27 December 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L51909GJ1982PLC086535. Its GSTIN is 24AABCC1666J2ZR (Gujarat). The company holds 2 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 540829.
The company has an authorised share capital of ₹22.55 Cr and a paid-up capital of ₹22.51 Cr. It is led by directors including Chiragkumar Kiranbhai Prajapati (Managing Director) and Chetna.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹77.54 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.01 Cr (net margin 5.2%) and EBITDA of ₹4.76 Cr (EBITDA margin 6.1%). The net worth stands at ₹101.01 Cr (down 0.7% YoY). Total assets are valued at ₹106.77 Cr (up 2.1% YoY).
The company has 89 deals on record (89 market trades); the latest was in August 2026. Its 5 peer companies in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is S K Cereals Private Limited with revenue of ₹29.33 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chandrimamercantiles.co.in.
Company details
CIN history
Chandrima Mercantiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909GJ1982PLC086535, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909GJ1982PLC086535 | Current |
| L51909WB1982PLC035592 | Previous |
| U51909WB1982PLC035592 | Previous |
Contact details
Chandrima Mercantiles Ltd's registered office is in Ahmedabad, Gujarat. Its website is chandrimamercantiles.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF – 806 Titanium City Center, Anandnagar Road Satelite, Ahmedabad, Gujarat, India – 380015
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Chandrima Mercantiles Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Chandrima Mercantiles is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Chandrima Mercantiles Ltd, buy the company report.
Financials of Chandrima Mercantiles Ltd
FY 2025-26 filings availableChandrima Mercantiles Ltd reported revenue of ₹77.54 Cr (up 165.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 77.54 | 29.19 | 19.39 | 21.88 | 19.81 | 13.97 | 0.00 |
| Revenue growth | +165.6% | +50.5% | -11.4% | +10.5% | +41.8% | - | - |
| EBITDA | 4.76 | 0.70 | 0.23 | 0.01 | 0.01 | (3.69) | (0.08) |
| EBITDA margin | +6.1% | +2.4% | +1.2% | +0.1% | +0.1% | -26.4% | - |
| Profit before tax | 5.01 | 0.69 | 0.28 | 0.02 | 0.02 | (3.69) | 0.00 |
| Net profit | 4.01 | 0.73 | 1.72 | 0.02 | 0.02 | (3.69) | 0.00 |
| Net profit margin | +5.2% | +2.5% | +8.9% | +0.1% | +0.1% | -26.4% | - |
| EPS (₹) | 1.20 | 0.33 | 1.19 | 0.08 | 0.07 | (16.72) | 0.00 |
| Balance sheet | |||||||
| Total assets | 107 | 105 | 50.96 | 4.00 | (0.05) | (0.07) | 4.28 |
| Net worth | 101 | 102 | 47.69 | (0.06) | (0.08) | (0.10) | 3.60 |
| Total debt | 5.75 | 2.81 | 3.27 | 4.06 | 0.03 | 0.03 | 0.68 |
| Cash & bank | 0.01 | 0.02 | 0.01 | 0.00 | 0.03 | 0.05 | 0.01 |
| Net working capital | 96.59 | 33.24 | (5.24) | (0.03) | (4.77) | (1.59) | 1.84 |
| Cash flow | |||||||
| Cash from operations | (57.51) | (38.26) | 5.41 | (3.53) | 3.17 | (0.23) | (0.52) |
| Cash from investing | 60.08 | 7.24 | (6.24) | 0.00 | (3.39) | 0.79 | (0.94) |
| Cash from financing | (2.58) | 31.04 | 0.83 | 3.50 | 0.20 | (0.52) | 1.47 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.88 | 0.71 | 3.97 | 11.79 | 57.36 | 4.41 | 8.76 | 6.09 |
| Revenue growth (YoY) | -88.0% | -83.9% | -54.7% | +93.6% | +609.0% | -29.4% | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.00 | 0.00 | 0.00 |
| Total expenses | 6.44 | 0.65 | 5.36 | 11.62 | 51.82 | 3.98 | 10.25 | 5.69 |
| EBITDA | 0.44 | 0.06 | (1.39) | 0.17 | 5.54 | 0.43 | (1.49) | 0.40 |
| EBITDA margin | +6.4% | +8.5% | -35.0% | +1.4% | +9.7% | +9.8% | -17.0% | +6.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Profit before tax | 0.44 | 0.06 | (1.39) | 0.17 | 5.79 | 0.42 | (1.49) | 0.40 |
| Tax | 0.11 | 0.02 | 0.81 | (0.24) | 1.56 | 0.00 | (0.50) | 0.00 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6.88 | 0.71 | 3.97 | 11.79 | 57.36 | 4.41 | 8.76 | 6.09 |
| Revenue growth (YoY) | -88.0% | -83.9% | -54.7% | +93.6% | +609.0% | -29.4% | - | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | 0.00 | 0.00 | 0.00 |
| Total expenses | 6.44 | 0.65 | 5.36 | 11.62 | 51.82 | 3.98 | 10.25 | 5.69 |
| EBITDA | 0.44 | 0.06 | (1.39) | 0.17 | 5.54 | 0.43 | (1.49) | 0.40 |
| EBITDA margin | +6.4% | +8.5% | -35.0% | +1.4% | +9.7% | +9.8% | -17.0% | +6.6% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Profit before tax | 0.44 | 0.06 | (1.39) | 0.17 | 5.79 | 0.42 | (1.49) | 0.40 |
| Tax | 0.11 | 0.02 | 0.81 | (0.24) | 1.56 | 0.00 | (0.50) | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 77.54 | 29.19 | 19.39 | 21.88 | 19.81 | 13.97 | 0.00 |
| Revenue growth | +165.6% | +50.5% | -11.4% | +10.5% | +41.8% | - | - |
| Other income | 0.25 | 0.00 | 0.05 | 0.01 | 0.01 | 0.00 | 0.08 |
| Total expenses | 72.78 | 28.49 | 19.16 | 21.87 | 19.80 | 17.66 | 0.08 |
| Employee cost | 0.04 | 0.08 | 0.02 | 0.06 | 0.07 | 0.08 | 0.01 |
| EBITDA | 4.76 | 0.70 | 0.23 | 0.01 | 0.01 | (3.69) | (0.08) |
| EBITDA margin | +6.1% | +2.4% | +1.2% | +0.1% | +0.1% | -26.4% | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 5.01 | 0.69 | 0.28 | 0.02 | 0.02 | (3.69) | 0.00 |
| Tax | 1.00 | (0.04) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 4.01 | 0.73 | 1.72 | 0.02 | 0.02 | (3.69) | 0.00 |
| Net profit margin | +5.2% | +2.5% | +8.9% | +0.1% | +0.1% | -26.4% | - |
| EPS (₹) | 1.20 | 0.33 | 1.19 | 0.08 | 0.07 | (16.72) | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.62 | 22.51 | 2.51 | 2.51 | 2.51 | 2.51 | 2.51 |
| Reserves & surplus | 67.39 | 79.21 | 45.18 | (2.57) | (2.59) | (2.61) | 1.09 |
| Shareholders' funds (net worth) | 101 | 102 | 47.69 | (0.06) | (0.08) | (0.10) | 3.60 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 5.75 | 2.81 | 3.27 | 4.06 | 0.03 | 0.03 | 0.68 |
| Total debt | 5.75 | 2.81 | 3.27 | 4.06 | 0.03 | 0.03 | 0.68 |
| Total liabilities | 107 | 105 | 50.96 | 4.00 | (0.05) | (0.07) | 4.28 |
| Assets | |||||||
| Gross block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 20.06 | 80.15 | 62.69 | 3.68 | 3.68 | 0.28 | 1.08 |
| Inventories | 25.00 | 21.19 | 0.00 | 0.29 | 0.06 | 0.00 | 0.00 |
| Sundry debtors | 19.07 | 11.88 | 8.31 | 12.12 | 3.60 | 0.18 | 0.00 |
| Cash & bank balances | 0.01 | 0.02 | 0.01 | 0.00 | 0.03 | 0.05 | 0.01 |
| Loans & advances | 54.92 | 0.69 | 0.59 | 7.01 | 8.08 | 1.14 | 1.84 |
| Total current assets | 99.00 | 33.78 | 8.91 | 19.42 | 11.77 | 1.37 | 1.85 |
| Total current liabilities | 2.41 | 0.54 | 14.15 | 19.45 | 16.54 | 2.96 | 0.01 |
| Net working capital | 96.59 | 33.24 | (5.24) | (0.03) | (4.77) | (1.59) | 1.84 |
| Total assets | 107 | 105 | 50.96 | 4.00 | (0.05) | (0.07) | 4.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.02 | 0.01 | 0.00 | 0.03 | 0.05 | 0.01 | 0.00 |
| Net cash from operating activities | (57.51) | (38.26) | 5.41 | (3.53) | 3.17 | (0.23) | (0.52) |
| Net cash from investing activities | 60.08 | 7.24 | (6.24) | 0.00 | (3.39) | 0.79 | (0.94) |
| Net cash from financing activities | (2.58) | 31.04 | 0.83 | 3.50 | 0.20 | (0.52) | 1.47 |
| Net change in cash | (0.01) | 0.01 | 0.01 | (0.03) | (0.02) | 0.04 | 0.01 |
| Closing cash | 0.01 | 0.02 | 0.01 | 0.00 | 0.03 | 0.05 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +165.6% | +50.5% | -11.4% | +10.5% | +41.8% | - | - |
| EBITDA growth | +580.0% | +204.4% | +2200.0% | 0.0% | +100.3% | -4512.5% | - |
| PBT growth | +626.1% | +146.4% | +1300.0% | 0.0% | +9998.0% | +9997.0% | +9997.0% |
| Net income growth | +449.3% | -57.6% | +8500.0% | 0.0% | +100.5% | - | - |
| Revenue CAGR (3Y) | +52.5% | +13.8% | +11.6% | - | - | +178.0% | -100.0% |
| EBITDA CAGR (3Y) | +680.8% | +312.1% | - | - | - | - | +100.0% |
| Profitability & leverage | |||||||
| Net income margin | +5.2% | +2.5% | +1.4% | +0.1% | +0.1% | -26.4% | - |
| Return on capital employed | +4.7% | +0.9% | +5.5% | +0.4% | +1.2% | 0.0% | 0.0% |
| Return on net worth | +3.9% | +0.9% | +6.3% | +0.7% | +1.5% | 0.0% | 0.0% |
| Debt / equity | 0.04 | 0.04 | 0.15 | 0.00 | 0.00 | 0.20 | 0.09 |
| Long-term debt / equity | 0.04 | 0.04 | 0.13 | 0.00 | 0.00 | 0.20 | 0.09 |
| Interest cover | 0.00 | 1.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 3.36 | 2.76 | 133.72 | 125.03 | 660.33 | 0.00 | 0.00 |
| Debtors turnover | 5.01 | 2.89 | 1.90 | 2.78 | 10.48 | 155.22 | 0.00 |
| EPS (₹) | 1.20 | 0.33 | 1.19 | 0.08 | 0.07 | (16.72) | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 30.23 | 45.66 | 214.30 | (1.64) | (1.72) | (1.79) | 14.93 |
To see the full year-wise statements and ratios of Chandrima Mercantiles Ltd, buy the company report.
Board of directors of Chandrima Mercantiles Ltd
Chandrima Mercantiles has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetna | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
| Pranav Kamleshkumar Trivedi | Director | 01 Jul 2021 | 5 Years 3 Months | Current |
| Arun Thakor | Additional Director | 11 Oct 2024 | 2 Years 0 Months | Current |
| Dinesh Hareshbhai Gohel Also directs: Chandrima Tech-Ai Private Limited | Director | 21 Apr 2025 | 1 Years 6 Months | Current |
| Chiragkumar Kiranbhai Prajapati Also directs: Chandrima Tech-Ai Private Limited | Managing Director | 22 Nov 2025 | 0 Years 11 Months | Current |
| Neha Singhal Also directs: Laffan Software Limited | Additional Director | 12 Aug 2026 | 0 Years 2 Months | Current |
Peer comparison
Chandrima Mercantiles Ltd is compared with the 5 companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chandrima Mercantiles Ltdthis company | ₹77.54 Cr (FY 2026) | ₹4.01 Cr | 5.2% | 165.6% | Ahmedabad, Gujarat, India | |
| S K Cereals Private Limited | ₹29.33 Cr (FY 2025) | 30.0% | Mathura, Uttar Pradesh, India | |||
| Hazelsphere Dealers Private Limited | ₹29.28 Cr (FY 2023) | 6.0% | Mumbai, Maharashtra, India | |||
| A Jaetal Food and Chemicals Limited | ₹29.21 Cr (FY 2016) | 9.0% | Gwalior, Madhya Pradesh, India | |||
| Mahto Fruits Private Limited | ₹29.13 Cr (FY 2024) | 13.0% | Kolkata, West Bengal, India | |||
| Mangaldhan Commotrade Private Limited | ₹29.04 Cr (FY 2025) | 7.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Chandrima Mercantiles Ltd, buy the company report.
Auditor
Chandrima Mercantiles Ltd is audited by V S S B & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S S B & Associates | FY 2023 | 121356W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 0.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 100.00%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 100.00% | 100.00% | 100.00% | 100.00% |
Deals & funding
Chandrima Mercantiles Ltd has 89 deals on record (89 market trades); the latest was in August 2026.
Deals on record (5 of 89)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2026 | Market trade | ₹12.99 Cr | Buyer: Plastomatic Packaging Private Limited , Parnit Ventures Private Limited , Laxmi Trade Solutions Seller: Laxmi Trade Solutions |
| Aug 2026 | Market trade | ₹5.27 Cr | Buyer: Plastomatic Packaging Private Limited Seller: Plastomatic Packaging Private Limited |
| Aug 2026 | Market trade | ₹4.23 Cr | Buyer: Plastomatic Packaging Private Limited Seller: Plastomatic Packaging Private Limited |
| Jan 2026 | Market trade | ₹4.81 Cr | Buyer: Parnit Ventures Private Limited , Green Peaks Enterprises LLP Seller: Green Peaks Enterprises LLP , Neo Apex Venture LLP |
| Dec 2025 | Market trade | ₹7.47 Cr | Buyer: Parnit Ventures Private Limited , Green Peaks Enterprises LLP Seller: Pras Investment Private Limited , Green Peaks Enterprises LLP |
To see the full deal history of Chandrima Mercantiles Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Chandrima Mercantiles Ltd are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Chandrima Mercantiles Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chandrima Mercantiles has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCC1666J2ZR | Gujarat | Active | 23 Sep 2024 |
To see the full GST registrations and return filing status of Chandrima Mercantiles Ltd, buy the company report.
Recent activity
Chandrima Mercantiles Ltd has 25 board changes on record since 2012: 6 appointments and 19 cessations. The latest: Neha Singhal was appointed as Additional Director on 12 Aug 2026.
16 earlier events are in the company report.
News
Frequently asked questions
Chandrima Mercantiles is an active public limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 27 December 1982 (44+ years old) and is registered under CIN L51909GJ1982PLC086535. Listed on BSE: 540829.
Chandrima Mercantiles reported revenue of ₹77.54 Cr for FY 2025-26 (up 165.6% YoY) based on standalone financials.
Chandrima Mercantiles has 6 current directors:
- Chiragkumar Kiranbhai Prajapati - Managing Director
- Chetna - Director
- Pranav Kamleshkumar Trivedi - Director
- Arun Thakor - Additional Director
- Dinesh Hareshbhai Gohel - Director
- Neha Singhal - Additional Director
The latest financial statements of Chandrima Mercantiles on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chandrima Mercantiles is 24AABCC1666J2ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Chandrima Mercantiles is L51909GJ1982PLC086535. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Chandrima Mercantiles is a listed company as per MCA records. Its shares are listed on BSE (code: 540829).
Chandrima Mercantiles was incorporated on 27 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chandrima Mercantiles has 89 deals on record (89 market trades); the latest was in August 2026.
The peers of Chandrima Mercantiles by revenue are S K Cereals Private Limited, Hazelsphere Dealers Private Limited, A Jaetal Food and Chemicals Limited, Mahto Fruits Private Limited, Mangaldhan Commotrade Private Limited, all in the Agriculture industry (Agro Retail and Distribution), with the same principal business activity (wholesale trading).
Neha Singhal was appointed as Additional Director on 12 Aug 2026. Chiragkumar Kiranbhai Prajapati was appointed as Managing Director on 22 Nov 2025. Dinesh Hareshbhai Gohel was appointed as Director on 21 Apr 2025. Chandrima Mercantiles has 25 board changes on record in total.

