Mercantile Ventures Limited

BSE: 538942 NSE: MERCANTILE
Mercantile Ventures Limited - financial services in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN L65191TN1985PLC037309 Incorporated 23 December 1985 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Listed - NSE: MERCANTILE · BSE: 538942 Public Limited Company financial services
Data last updated
Market Cap
₹241 Cr
MERCANTILE · NSE
Share Price
₹20.87
-2.79% today
Revenue
₹93.34 Cr
FY 2025-26 · +29.3% YoY
EBITDA
₹0.44 Cr
Margin 0.5%
Net Profit
₹5.94 Cr
FY 2025-26 · -43.6% YoY
P/E (TTM)
37.2x
P/B 0.9x
ROE
0.7%
ROCE 0.9%
Authorised capital
₹151.09 Cr
Registered with MCA

About Mercantile Ventures Limited

Data last updated:

Mercantile Ventures Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 23 December 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN L65191TN1985PLC037309. Its GSTIN is 33AAICM6095N1ZV (Tamil Nadu). It is a listed company as per MCA records. Its shares are listed on BSE: 538942 and NSE: MERCANTILE.

The company has an authorised share capital of ₹151.09 Cr and a paid-up capital of ₹112.07 Cr. It was formerly known as Mcc Finance Limited and Excel Finance Limited. It is led by directors including Rangaswami Natarajan Edayathumangalam (Whole-Time Director) and Umasankar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹93.34 Cr, a growth of 29.3% compared to the previous year. For the same year it recorded a net profit of ₹5.94 Cr (net margin 6.4%) and EBITDA of ₹44 Lakh (EBITDA margin 0.5%). The net worth stands at ₹272.64 Cr (down 17.6% YoY). Total assets are valued at ₹283.68 Cr (down 18.3% YoY).

Its group structure includes 5 subsidiaries.

The company is associated with 1 brand: Mercantile Ventures. As per MCA filings, the company has open charges of ₹300 Cr and satisfied charges of ₹646 Cr on record. Court records list 326 cases involving the company, including 183 filed by the company and 144 filed against it; 64 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in March 2019. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 1 micro and small supplier.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mercantileventures.co.in.

Company details

CIN L65191TN1985PLC037309
Registration Number 037309
Incorporation Date 23 December 1985
ROC Chennai
Listing Status Listed - Listed on NSE (MERCANTILE); Listed on BSE (538942)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Name history

Mercantile Ventures has undergone 2 name changes throughout its history. The company was previously known as Mcc Finance Limited, and Excel Finance Limited. The current legal name is Mercantile Ventures Limited.

Company NameStatus
Mercantile Ventures LimitedCurrent
Mcc Finance LimitedPrevious
Excel Finance LimitedPrevious

CIN history

Mercantile Ventures has one previous CIN (Corporate Identification Number): L65191TN1997PLC037309. The current CIN is L65191TN1985PLC037309, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65191TN1985PLC037309Current
L65191TN1997PLC037309Previous
Key People
Rangaswami Natarajan Edayathumangalam Whole-Time Director Umasankar Whole-Time Director Bhimsingh Narendran Director

Contact details

Mercantile Ventures Limited's registered office is in Chennai, Tamil Nadu. Its website is mercantileventures.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    mercantileventures.co.in
  • Registered Address
    88 Mount Road Guindy, Chennai, Tamil Nadu, India – 600032
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Mercantile Ventures Limited, buy the company report.

Comprehensive company report
Mercantile Ventures Limited - one report that includes everything
  • 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
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Brands

Mercantile Ventures operates one associated brand: Mercantile Ventures. Each brand links to its own profile.

BrandDescriptionWebsite
Mercantile Ventures
Property leasing and consulting services are offered in Chennai, India.mercantileventures.co.in

Business activity

The main business activities of Mercantile Ventures are real estate and support service to organizations. In detail, this covers real estate activities with own or leased property and other support services to organizations. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real estate activities with own or leased property
NSupport service to OrganizationsN7Other support services to organizations

To see the full business activity and turnover split of Mercantile Ventures Limited, buy the company report.

Financials of Mercantile Ventures Limited

FY 2025-26 filings available

Mercantile Ventures Limited reported revenue of ₹93.34 Cr (up 29.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹93.34 Cr
+29.3% YoY
EBITDA
₹0.44 Cr
-67.9% YoY
Profit After Tax
₹5.94 Cr
-43.6% YoY
Net Worth
₹273 Cr
-17.6% YoY
Total Assets
₹284 Cr
-18.3% YoY
Total Debt
Nil

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue93.3472.1960.3947.1537.0437.3038.24
Revenue growth+29.3%+19.5%+28.1%+27.3%-0.7%-2.5%-
EBITDA0.441.37(9.71)3.382.214.423.90
EBITDA margin+0.5%+1.9%-16.1%+7.2%+6.0%+11.9%+10.2%
Profit before tax2.4413.12(6.14)8.8316.469.378.40
Net profit5.9410.532.2713.298.6011.0425.76
Net profit margin+6.4%+14.6%+3.8%+28.2%+23.2%+29.6%+67.4%
EPS (₹)0.531.45(0.71)1.421.031.012.30
Balance sheet
Total assets284347350315337296267
Net worth273331333311338303271
Total debt0.000.000.004.000.000.000.16
Cash & bank7.477.2258.076.176.7522.9212.82
Net working capital39.4453.9511570.2610374.0065.36
Cash flow
Cash from operations0.83(32.81)39.24(13.74)(6.14)22.72(9.31)
Cash from investing(0.22)(18.28)17.239.16(10.02)(12.62)17.01
Cash from financing(0.36)0.24(4.57)4.000.000.000.00
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue24.9423.0323.6725.0723.5121.0819.2618.34
Revenue growth (YoY)+6.1%+9.3%+22.9%+36.7%+31.8%+25.9%--
Other income0.652.482.090.670.110.131.961.63
EBITDA1.46(0.07)(0.23)0.430.54(0.30)0.050.65
EBITDA margin+5.9%-0.3%-1.0%+1.7%+2.3%-1.4%+0.3%+3.5%
Depreciation0.240.200.260.210.210.210.250.21
Interest0.060.060.010.040.000.050.03(0.33)
Profit before tax1.812.151.590.850.44(0.43)1.732.40
Tax1.820.94(0.12)0.050.430.15(5.26)0.82
Net profit(0.01)1.211.710.800.01(0.58)6.991.58
EPS (₹)(0.06)(0.05)0.280.250.09(0.10)0.810.17
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue43.0036.5629.8320.7714.6115.4816.06
Revenue growth+17.6%+22.6%+43.6%+42.2%-5.6%-3.6%-
EBITDA(0.78)1.250.162.452.503.153.43
EBITDA margin-1.8%+3.4%+0.5%+11.8%+17.1%+20.4%+21.4%
Profit before tax0.782.532.457.068.829.466.86
Net profit0.596.820.824.866.436.988.50
Net profit margin+1.4%+18.7%+2.8%+23.4%+44.0%+45.1%+52.9%
EPS (₹)0.120.620.090.460.580.630.76
Balance sheet
Total assets277331331298314290262
Net worth275328328291311287259
Total debt0.000.000.004.000.000.000.00
Cash & bank0.661.783.071.122.2819.479.28
Net working capital25.9635.9948.1362.2289.0376.7568.18
Cash flow
Cash from operations(69.70)(7.84)39.11(12.19)17.8324.544.70
Cash from investing68.586.55(33.17)6.96(35.01)(14.36)1.39
Cash from financing0.000.00(4.00)4.000.000.000.00
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.2610.2010.7410.7811.2410.219.779.29
Revenue growth (YoY)-8.7%-0.1%+9.9%+16.0%+24.3%+20.7%--
Other income0.611.671.990.500.000.011.700.28
Total expenses9.639.9511.4810.5810.9810.569.468.85
EBITDA0.630.25(0.74)0.200.26(0.35)0.310.44
EBITDA margin+6.1%+2.5%-6.9%+1.9%+2.3%-3.4%+3.2%+4.7%
Depreciation0.210.190.240.190.200.200.220.19
Interest0.060.060.010.040.000.050.030.06
Profit before tax0.971.671.000.470.06(0.59)1.760.47
Tax1.590.95(0.15)(0.01)0.290.12(4.60)0.12

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 09 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue24.9423.0323.6725.0723.5121.0819.2618.34
Revenue growth (YoY)+6.1%+9.3%+22.9%+36.7%+31.8%+25.9%--
Other income0.652.482.090.670.110.131.961.63
EBITDA1.46(0.07)(0.23)0.430.54(0.30)0.050.65
EBITDA margin+5.9%-0.3%-1.0%+1.7%+2.3%-1.4%+0.3%+3.5%
Depreciation0.240.200.260.210.210.210.250.21
Interest0.060.060.010.040.000.050.03(0.33)
Profit before tax1.812.151.590.850.44(0.43)1.732.40
Tax1.820.94(0.12)0.050.430.15(5.26)0.82
Net profit(0.01)1.211.710.800.01(0.58)6.991.58
EPS (₹)(0.06)(0.05)0.280.250.09(0.10)0.810.17
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue93.3472.1960.3947.1537.0437.3038.24
Revenue growth+29.3%+19.5%+28.1%+27.3%-0.7%-2.5%-
Other income3.0112.885.907.5116.326.956.45
Total expenses92.9070.8270.1043.7734.8332.8834.34
Employee cost0.0035.4030.0025.6521.5620.0920.28
EBITDA0.441.37(9.71)3.382.214.423.90
EBITDA margin+0.5%+1.9%-16.1%+7.2%+6.0%+11.9%+10.2%
Depreciation0.900.930.990.980.991.011.01
Interest0.110.201.341.081.080.990.94
Profit before tax2.4413.12(6.14)8.8316.469.378.40
Tax0.51(3.17)1.432.084.972.97(2.97)
Net profit5.9410.532.2713.298.6011.0425.76
Net profit margin+6.4%+14.6%+3.8%+28.2%+23.2%+29.6%+67.4%
EPS (₹)0.531.45(0.71)1.421.031.012.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital112112112112112112112
Reserves & surplus161219221199226191159
Shareholders' funds (net worth)273331333311338303271
Minority interest8.4813.3914.60(3.56)(4.24)(9.14)(7.19)
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.004.000.000.000.16
Total debt0.000.000.004.000.000.000.16
Total liabilities284347350315337296267
Assets
Gross block10610610185.8687.9387.0285.61
Net block93.7194.4890.4276.6176.8176.8976.44
Capital work in progress0.000.000.000.000.0044.0244.02
Investments15022317517714889.9369.96
Inventories0.080.000.000.000.010.000.00
Sundry debtors17.4116.5013.169.578.177.608.66
Cash & bank balances7.477.2258.076.176.7522.9212.82
Loans & advances32.4749.5859.7467.0210759.2357.77
Total current assets57.4373.3013182.7612289.7579.25
Total current liabilities17.9919.3515.5912.5019.1715.7513.89
Net working capital39.4453.9511570.2610374.0065.36
Total assets284347350315337296267
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash7.2258.076.176.7522.9212.825.12
Net cash from operating activities0.83(32.81)39.24(13.74)(6.14)22.72(9.31)
Net cash from investing activities(0.22)(18.28)17.239.16(10.02)(12.62)17.01
Net cash from financing activities(0.36)0.24(4.57)4.000.000.000.00
Net change in cash0.25(50.85)51.90(0.58)(16.16)10.097.70
Closing cash7.477.2258.076.176.7522.9212.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+29.3%+19.5%+28.1%+27.3%-0.7%-2.5%-
EBITDA growth-67.9%+114.1%-387.3%+52.9%-50.0%+13.3%-
PBT growth-81.0%+9998.0%--46.4%+75.7%+11.6%+60.6%
Net income growth-43.6%+363.9%-82.9%+54.5%-22.1%-57.1%-
Revenue CAGR (3Y)+25.6%+24.9%+17.4%+7.2%+2.5%+7.6%+12.1%
EBITDA CAGR (3Y)-47.5%-14.3%--4.7%-4.8%+79.8%-
Profitability & leverage
Net income margin+2.2%+22.5%-12.5%+14.3%+31.0%+17.2%+29.7%
Return on capital employed+0.9%+1.6%+1.0%+2.6%+5.3%+3.5%+3.4%
Return on net worth+0.7%+1.8%+0.8%+1.8%+3.5%+2.2%+4.2%
Debt / equity0.000.000.010.010.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover-26.8352.17-12.5245.0088.5229.0332.53
Efficiency & per share
Fixed asset turnover0.900.710.620.510.400.410.44
Inventory turnover2,333.500.000.009,430.007,408.000.007,648.00
Debtors turnover5.514.875.315.324.704.594.91
EPS (₹)0.181.45(0.71)1.421.031.012.30
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)24.2029.3929.6128.6730.2227.9324.25
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue10.2610.2010.7410.7811.2410.219.779.29
Revenue growth (YoY)-8.7%-0.1%+9.9%+16.0%+24.3%+20.7%--
Other income0.611.671.990.500.000.011.700.28
Total expenses9.639.9511.4810.5810.9810.569.468.85
EBITDA0.630.25(0.74)0.200.26(0.35)0.310.44
EBITDA margin+6.1%+2.5%-6.9%+1.9%+2.3%-3.4%+3.2%+4.7%
Depreciation0.210.190.240.190.200.200.220.19
Interest0.060.060.010.040.000.050.030.06
Profit before tax0.971.671.000.470.06(0.59)1.760.47
Tax1.590.95(0.15)(0.01)0.290.12(4.60)0.12
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue43.0036.5629.8320.7714.6115.4816.06
Revenue growth+17.6%+22.6%+43.6%+42.2%-5.6%-3.6%-
Other income2.502.323.505.957.487.474.59
Total expenses43.7835.3129.6718.3212.1112.3312.63
Employee cost0.001.381.151.151.101.050.92
EBITDA(0.78)1.250.162.452.503.153.43
EBITDA margin-1.8%+3.4%+0.5%+11.8%+17.1%+20.4%+21.4%
Depreciation0.830.840.960.960.950.970.96
Interest0.110.200.250.380.210.190.20
Profit before tax0.782.532.457.068.829.466.86
Tax0.19(4.40)1.481.932.342.45(1.67)
Net profit0.596.820.824.866.436.988.50
Net profit margin+1.4%+18.7%+2.8%+23.4%+44.0%+45.1%+52.9%
EPS (₹)0.120.620.090.460.580.630.76
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital112112112112112112112
Reserves & surplus163216216179199175147
Shareholders' funds (net worth)275328328291311287259
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.004.000.000.000.00
Total debt0.000.000.004.000.000.000.00
Total liabilities277331331298314290262
Assets
Gross block82.7282.6677.5168.4668.4368.2668.18
Net block72.4773.2468.9160.8161.7462.5263.41
Capital work in progress0.000.000.000.000.0044.0244.02
Investments16923423218014992.5173.15
Inventories0.000.000.000.000.000.000.00
Sundry debtors6.307.696.574.503.703.573.29
Cash & bank balances0.661.783.071.122.2819.479.28
Loans & advances27.6939.7249.8265.2796.0763.9263.16
Total current assets34.6549.1959.4670.8910286.9675.73
Total current liabilities8.6913.2011.338.6713.0210.217.55
Net working capital25.9635.9948.1362.2289.0376.7568.18
Total assets277331331298314290262
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.783.071.122.3619.479.283.20
Net cash from operating activities(69.70)(7.84)39.11(12.19)17.8324.544.70
Net cash from investing activities68.586.55(33.17)6.96(35.01)(14.36)1.39
Net cash from financing activities0.000.00(4.00)4.000.000.000.00
Net change in cash(1.12)(1.29)1.95(1.24)(17.19)10.186.09
Closing cash0.661.783.071.122.2819.479.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+17.6%+22.6%+43.6%+42.2%-5.6%-3.6%-
EBITDA growth-162.4%+681.3%-93.5%-2.0%-20.6%-8.2%-
PBT growth-34.3%+3.7%-65.3%-20.0%-6.8%+37.9%+69.0%
Net income growth-91.4%+731.7%-83.1%-24.4%-7.9%-17.9%-
Revenue CAGR (3Y)+27.4%+35.8%+24.4%+9.0%+39.3%+44.3%+50.7%
EBITDA CAGR (3Y)-64.5%-20.4%-63.0%-10.6%+21.3%+189.4%-
Profitability & leverage
Net income margin+3.1%+19.0%+3.3%+24.7%+44.4%+45.3%+53.1%
Return on capital employed+0.6%+0.7%+0.6%+2.4%+2.9%+3.4%+2.7%
Return on net worth+0.4%+1.9%+0.3%+1.6%+2.1%+2.5%+3.3%
Debt / equity0.000.000.010.010.000.000.00
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover-15.2847.62-31.2525.5013.558.728.10
Efficiency & per share
Fixed asset turnover0.440.390.330.260.190.200.21
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover6.145.135.395.074.024.517.14
EPS (₹)0.120.620.090.460.580.630.76
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)25.7730.5830.5827.8627.7927.5023.18

To see the full year-wise statements and ratios of Mercantile Ventures Limited, buy the company report.

Board of directors of Mercantile Ventures Limited

Mercantile Ventures has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rangaswami Natarajan Edayathumangalam
Also directs: I3 Security Private Limited, Walery Security Management Limited, Chitaranjan Developers LLP and 4 more
Whole-Time Director05 Dec 201510 Years 11 MonthsCurrent
Bhimsingh Narendran
Also directs: I3 Security Private Limited, Walery Security Management Limited
Director03 Feb 20179 Years 9 MonthsCurrent
Rita Chandrasekar
Also directs: Southern Petrochemical Industries Corporation Limited, Tamilnadu Petroproducts Limited, Sicagen India Limited and 1 more
Director25 Mar 20251 Years 7 MonthsCurrent
Kuppuswamy Gopalakrishnan
Also directs: Aqua-Vin Pipes Private Limited, Sidd Life Sciences Private Limited, Medihub Sciencetec Private Limited and 5 more
Director12 Jun 20206 Years 4 MonthsCurrent
UmasankarWhole-Time Director27 Oct 20251 Years 0 MonthsCurrent
Govindarajan Dattatreyan Sharma
Also directs: Tamilnadu Petroproducts Limited, Sicagen India Limited, India Radiators Limited and 3 more
Director12 Jun 20206 Years 4 MonthsCurrent
View all directors

Auditor

Mercantile Ventures Limited is audited by DPV & associates for the financial year 2021.

Auditor firmFinancial yearFirm registration number
DPV & associatesFY 2021011688S

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 72.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.20%.

Promoters: 72.80%Retail & Others: 27.20%
Sep 2026
QUARTER
72.80% Promoters
27.20% Retail & Others
Promoter holding - history
Now 72.80% · Sep 2026High 72.80% · Dec 2025Low 72.80% · Dec 2025
71%71.8%72.5%73.3%74%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 72.80%Mar 2026: 72.80%Jun 2026: 72.80%Sep 2026: 72.80%72.80%72.80%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters72.80%72.80%72.80%72.80%
Public27.20%27.20%27.20%27.20%

Charges & borrowings

Open charges
₹300 Cr
Satisfied charges
₹646 Cr
Breakdown by lending institutions
Others₹300.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
25 Apr 2025101096088Others₹300 CrOpen
30 Mar 2022100564263Others₹150 CrSatisfied
30 Sep 2020100375480Others₹235 CrSatisfied
02 Jul 2019100275824Others₹125 CrSatisfied
16 Jul 2018100206674Others₹125 CrSatisfied

To see the full charge records of Mercantile Ventures Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Mercantile Ventures Limited has 1 deal on record (1 acquisition); the latest was in March 2019.

Total deals
1
Acquisition
1

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2019Acquisition₹5.83 CrBuyer: Southern Petrochemical Industries Corporation Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Mercantile Ventures Limited has 4 MSME Form 1 returns on record between 2019 and 2020, listing 4 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
Rainbow Engineers and Contractors

To see the full MSME payment records of Mercantile Ventures Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Mercantile Ventures has 5 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.

5
Subsidiary companies
1
Associated companies
Key subsidiaries
Company NameCINShares held
India Radiators LimitedL27209TN1949PLC000963
Willingdon Ventures Private LimitedU70100TN2021PTC146402
Cuningham Ventures Private LimitedU70109TN2021PTC146353
Sahoj Ventures Private LimitedU70109TN2021PTC146355
I3 Security Private LimitedU74120TN2011PTC082965

To see the full group structure of Mercantile Ventures Limited, buy the company report.

GST

Mercantile Ventures has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAICM6095N1ZVTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Mercantile Ventures Limited, buy the company report.

Recent activity

Mercantile Ventures Limited has 13 board changes on record since 2012: 6 appointments and 7 cessations. The latest: Umasankar was appointed as Whole-Time Director on 27 Oct 2025.

Filing
Mercantile Ventures Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chennai.
Appointed
Umasankar was appointed as Whole-Time Director.
AGM
Mercantile Ventures Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Ceased
Niranjhan Mailam Srinivasan ceased to be Director.
Charges
A charge with Others amounted to Rs. 300.00 Cr with Charge ID 101096088 was registered on 25 Apr 2025.
Appointed
Rita Chandrasekar was appointed as Director.
Charges
A charge registered on 30 Sep 2020 via Charge ID 100375480 with Others was fully satisfied on 18 Dec 2024.
Charges
A charge registered on 30 Mar 2022 via Charge ID 100564263 with Others was fully satisfied on 11 Dec 2024.
Ceased
Padmanabha Sarma ceased to be CFO.
Charges
A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100564263 was registered on 30 Mar 2022.
Charges
A charge with Others amounted to Rs. 235.00 Cr with Charge ID 100375480 was registered on 30 Sep 2020.
Charges
A charge registered on 02 Jul 2019 via Charge ID 100275824 with Others was fully satisfied on 28 Sep 2020.

15 earlier events are in the company report.

News

Frequently asked questions

Mercantile Ventures is an active public limited company based in Chennai, Tamil Nadu, India. The company works in real estate financing, within the financial services industry. It was incorporated on 23 December 1985 (41+ years old) and is registered under CIN L65191TN1985PLC037309. Listed on BSE: 538942 and NSE: MERCANTILE.

Mercantile Ventures reported revenue of ₹93.34 Cr for FY 2025-26 (up 29.3% YoY) based on consolidated financials.

Mercantile Ventures has 6 current directors:

The latest financial statements of Mercantile Ventures on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Mercantile Ventures is 33AAICM6095N1ZV, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Mercantile Ventures is L65191TN1985PLC037309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Mercantile Ventures is a listed company as per MCA records. Its shares are listed on both BSE (code: 538942) and NSE (symbol: MERCANTILE).

Mercantile Ventures has 326 court cases on record: 183 filed by the company and 144 filed against it. 64 are pending. Most are in the high courts.

Mercantile Ventures was incorporated on 23 December 1985, making it 41+ years old. It is registered with the Registrar of Companies, Chennai.

Mercantile Ventures has 1 deal on record (1 acquisition); the latest was in March 2019.

Umasankar was appointed as Whole-Time Director on 27 Oct 2025. Niranjhan Mailam Srinivasan ceased to be Director on 31 Jul 2025. Rita Chandrasekar was appointed as Director on 25 Mar 2025. Mercantile Ventures has 13 board changes on record in total.