
About Sonal Mercantile Limited
Data last updated:
Sonal Mercantile Limited is a public limited company based in New Delhi, Delhi, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 04 November 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L51221DL1985PLC022433. It is a listed company as per MCA records. Its shares are listed on BSE: 538943 and NSE: SONAL.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.74 Cr. It is led by directors including Vikram Goyal (Whole-Time Director) and Deepak Garg.
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 365 Vardhman Plaza III Floor Sector – 3 Rohini, New Delhi, Delhi, India – 110085.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹40.76 Cr, a growth of 15.5% compared to the previous year. For the same year it recorded a net profit of ₹25.66 Cr (net margin 63%) and EBITDA of ₹39.48 Cr (EBITDA margin 96.9%). The net worth stands at ₹385.43 Cr (up 7.7% YoY). Total assets are valued at ₹680.15 Cr (up 10.5% YoY).
The company is associated with 1 brand: Sonal Mercantile Limited. Court records list 3 cases involving the company, including 3 filed by the company. The company has 21 deals on record (21 market trades); the latest was in November 2025.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sonalmercantile.in.
Company details
Contact details
Sonal Mercantile Limited's registered office is in New Delhi, Delhi. Its website is sonalmercantile.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address365 Vardhman Plaza III Floor Sector – 3 Rohini, New Delhi, Delhi, India – 110085
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Sonal Mercantile Limited, 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
Brands
Sonal Mercantile operates one associated brand: Sonal Mercantile Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Home, personal, and other loan services are provided. | sonalmercantile.in |
Business activity
The main business activity of Sonal Mercantile is financial and insurance service. In detail, this covers financial and credit leasing activities and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K5 | Financial and Credit leasing activities | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Sonal Mercantile Limited, buy the company report.
Financials of Sonal Mercantile Limited
FY 2025-26 filings availableSonal Mercantile Limited reported revenue of ₹40.76 Cr (up 15.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 40.76 | 35.29 | 39.46 | 26.39 | 20.91 | 18.51 | 13.11 |
| Revenue growth | +15.5% | -10.6% | +49.5% | +26.2% | +13.0% | +41.2% | - |
| EBITDA | 39.48 | 34.76 | 38.92 | 25.51 | 20.24 | 17.67 | 12.01 |
| EBITDA margin | +96.9% | +98.5% | +98.6% | +96.7% | +96.8% | +95.5% | +91.6% |
| Profit before tax | 15.49 | 13.95 | 15.64 | 10.52 | 8.18 | 6.21 | 2.66 |
| Net profit | 25.66 | 32.31 | 24.20 | 17.94 | 17.02 | 14.25 | 6.51 |
| Net profit margin | +63.0% | +91.6% | +61.3% | +68.0% | +81.4% | +77.0% | +49.7% |
| EPS (₹) | 17.42 | 21.93 | 16.42 | 12.21 | 11.55 | 9.66 | 4.41 |
| Balance sheet | |||||||
| Total assets | 680 | 615 | 604 | 593 | 406 | 354 | 319 |
| Net worth | 385 | 358 | 314 | 290 | 248 | 217 | 184 |
| Total debt | 295 | 257 | 291 | 304 | 159 | 138 | 134 |
| Cash & bank | 0.28 | 0.92 | 0.13 | 0.11 | 0.02 | 0.01 | 0.13 |
| Net working capital | (12.79) | (13.99) | (14.60) | (13.58) | (15.22) | (24.10) | (5.28) |
| Cash flow | |||||||
| Cash from operations | 17.10 | 1.16 | 0.28 | (1.27) | (21.06) | 0.48 | (59.49) |
| Cash from investing | (17.74) | (0.37) | (0.25) | 1.36 | (0.01) | (3.95) | (3.80) |
| Cash from financing | 0.00 | 0.00 | 0.00 | 0.00 | 21.08 | 3.35 | 57.74 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 13.37 | 8.26 | 9.79 | 9.34 | 8.56 | 8.23 | 9.07 |
| Revenue growth (YoY) | -44.3% | +56.2% | +0.4% | +7.9% | -1.0% | - | - | - |
| Other income | (0.16) | 0.00 | 0.00 | 0.00 | 0.00 | (0.08) | 0.00 | 0.00 |
| EBITDA | 5.39 | 13.16 | 7.75 | 9.46 | 9.11 | 8.43 | 8.01 | 9.04 |
| EBITDA margin | +103.7% | +98.4% | +93.8% | +96.6% | +97.5% | +98.5% | +97.3% | +99.7% |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 4.00 | 5.74 | 5.86 | 6.32 | 6.05 | 4.72 | 4.80 | 5.48 |
| Profit before tax | 1.23 | 7.41 | 1.88 | 3.13 | 3.05 | 3.62 | 3.20 | 3.55 |
| Tax | 0.31 | 1.87 | 0.56 | 0.83 | 0.77 | 0.92 | 0.84 | 0.90 |
| Net profit | 0.92 | 5.54 | 1.32 | 2.30 | 2.28 | 2.70 | 2.36 | 2.65 |
| EPS (₹) | 1.97 | 5.33 | 2.98 | 5.78 | 6.40 | 7.09 | 5.61 | 3.90 |
| 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 | 40.76 | 35.29 | 39.46 | 26.47 | 20.91 | 18.51 | 13.11 |
| Revenue growth | +15.5% | -10.6% | +49.1% | +26.6% | +13.0% | +41.2% | - |
| EBITDA | 39.48 | 34.65 | 38.92 | 25.59 | 20.24 | 17.67 | 12.01 |
| EBITDA margin | +96.9% | +98.2% | +98.6% | +96.7% | +96.8% | +95.5% | +91.6% |
| Profit before tax | 15.49 | 13.95 | 15.64 | 10.52 | 8.18 | 6.21 | 2.66 |
| Net profit | 11.46 | 10.39 | 11.71 | 7.85 | 6.09 | 4.64 | 1.99 |
| Net profit margin | +28.1% | +29.4% | +29.7% | +29.7% | +29.1% | +25.1% | +15.2% |
| EPS (₹) | 7.78 | 7.06 | 7.94 | 5.33 | 4.13 | 3.14 | 1.35 |
| Balance sheet | |||||||
| Total assets | - | 323 | 346 | 347 | 194 | 167 | 159 |
| Net worth | - | 65.67 | 54.97 | 43.27 | 35.42 | 29.33 | 24.70 |
| Total debt | - | 257 | 291 | 304 | 159 | 138 | 134 |
| Cash & bank | - | 0.92 | 0.13 | 0.11 | 0.02 | 0.01 | 0.13 |
| Net working capital | - | (13.99) | (14.60) | (13.58) | (15.22) | (24.10) | (5.28) |
| Cash flow | |||||||
| Cash from operations | - | 1.16 | 0.28 | (1.27) | (21.06) | 0.48 | (59.49) |
| Cash from investing | - | (0.37) | (0.25) | 1.36 | (0.01) | (3.95) | (3.80) |
| Cash from financing | - | 0.00 | 0.00 | 0.00 | 21.08 | 3.35 | 57.74 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 13.37 | 8.26 | 9.79 | 9.34 | 8.56 | 8.23 | 9.07 |
| Revenue growth (YoY) | -44.3% | +56.2% | +0.4% | +7.9% | -1.0% | - | - | - |
| Other income | 0.39 | 0.00 | 0.00 | 0.00 | 0.00 | (0.08) | 0.00 | 0.00 |
| Total expenses | 0.36 | 0.21 | 0.51 | 0.33 | 0.23 | 0.13 | 0.22 | 0.03 |
| EBITDA | 4.84 | 13.16 | 7.75 | 9.46 | 9.11 | 8.43 | 8.01 | 9.04 |
| EBITDA margin | +93.1% | +98.4% | +93.8% | +96.6% | +97.5% | +98.5% | +97.3% | +99.7% |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 4.00 | 5.74 | 5.86 | 6.32 | 6.05 | 4.72 | 4.80 | 5.48 |
| Profit before tax | 1.23 | 7.41 | 1.88 | 3.13 | 3.05 | 3.62 | 3.20 | 3.55 |
| Tax | 0.31 | 1.87 | 0.56 | 0.83 | 0.77 | 0.92 | 0.84 | 0.90 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 13.37 | 8.26 | 9.79 | 9.34 | 8.56 | 8.23 | 9.07 |
| Revenue growth (YoY) | -44.3% | +56.2% | +0.4% | +7.9% | -1.0% | - | - | - |
| Other income | (0.16) | 0.00 | 0.00 | 0.00 | 0.00 | (0.08) | 0.00 | 0.00 |
| EBITDA | 5.39 | 13.16 | 7.75 | 9.46 | 9.11 | 8.43 | 8.01 | 9.04 |
| EBITDA margin | +103.7% | +98.4% | +93.8% | +96.6% | +97.5% | +98.5% | +97.3% | +99.7% |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 4.00 | 5.74 | 5.86 | 6.32 | 6.05 | 4.72 | 4.80 | 5.48 |
| Profit before tax | 1.23 | 7.41 | 1.88 | 3.13 | 3.05 | 3.62 | 3.20 | 3.55 |
| Tax | 0.31 | 1.87 | 0.56 | 0.83 | 0.77 | 0.92 | 0.84 | 0.90 |
| Net profit | 0.92 | 5.54 | 1.32 | 2.30 | 2.28 | 2.70 | 2.36 | 2.65 |
| EPS (₹) | 1.97 | 5.33 | 2.98 | 5.78 | 6.40 | 7.09 | 5.61 | 3.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 40.76 | 35.29 | 39.46 | 26.39 | 20.91 | 18.51 | 13.11 |
| Revenue growth | +15.5% | -10.6% | +49.5% | +26.2% | +13.0% | +41.2% | - |
| Other income | 0.00 | 0.00 | 0.07 | 0.08 | 0.00 | 0.00 | 0.00 |
| Total expenses | 1.28 | 0.53 | 0.54 | 0.88 | 0.67 | 0.84 | 1.10 |
| Employee cost | 0.52 | 0.37 | 0.27 | 0.25 | 0.39 | 0.67 | 0.88 |
| EBITDA | 39.48 | 34.76 | 38.92 | 25.51 | 20.24 | 17.67 | 12.01 |
| EBITDA margin | +96.9% | +98.5% | +98.6% | +96.7% | +96.8% | +95.5% | +91.6% |
| Depreciation | 0.03 | 0.04 | 0.06 | 0.04 | 0.00 | 0.00 | 0.00 |
| Interest | 23.96 | 20.77 | 23.29 | 15.03 | 12.06 | 11.46 | 9.35 |
| Profit before tax | 15.49 | 13.95 | 15.64 | 10.52 | 8.18 | 6.21 | 2.66 |
| Tax | 4.03 | 3.56 | 3.93 | 2.67 | 2.09 | 1.57 | 0.67 |
| Net profit | 25.66 | 32.31 | 24.20 | 17.94 | 17.02 | 14.25 | 6.51 |
| Net profit margin | +63.0% | +91.6% | +61.3% | +68.0% | +81.4% | +77.0% | +49.7% |
| EPS (₹) | 17.42 | 21.93 | 16.42 | 12.21 | 11.55 | 9.66 | 4.41 |
| 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 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 |
| Reserves & surplus | 371 | 343 | 299 | 275 | 233 | 202 | 170 |
| Shareholders' funds (net worth) | 385 | 358 | 314 | 290 | 248 | 217 | 184 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 295 | 257 | 291 | 304 | 159 | 138 | 134 |
| Total debt | 295 | 257 | 291 | 304 | 159 | 138 | 134 |
| Total liabilities | 680 | 615 | 604 | 593 | 406 | 354 | 319 |
| Assets | |||||||
| Gross block | 5.48 | 6.54 | 6.53 | 0.22 | 0.01 | 0.01 | 0.01 |
| Net block | 5.31 | 6.40 | 6.43 | 0.17 | 0.00 | 0.00 | 0.01 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 326 | 293 | 259 | 253 | 220 | 195 | 164 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.28 | 0.92 | 0.13 | 0.11 | 0.02 | 0.01 | 0.13 |
| Loans & advances | 3.50 | 1.40 | 1.40 | 1.40 | 1.42 | 2.29 | 2.71 |
| Total current assets | 3.78 | 2.32 | 1.53 | 1.51 | 1.44 | 2.30 | 2.84 |
| Total current liabilities | 16.57 | 16.31 | 16.13 | 15.09 | 16.66 | 26.40 | 8.12 |
| Net working capital | (12.79) | (13.99) | (14.60) | (13.58) | (15.22) | (24.10) | (5.28) |
| Total assets | 680 | 615 | 604 | 593 | 406 | 354 | 319 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.92 | 0.13 | 0.11 | 0.02 | 0.01 | 0.13 | 5.69 |
| Net cash from operating activities | 17.10 | 1.16 | 0.28 | (1.27) | (21.06) | 0.48 | (59.49) |
| Net cash from investing activities | (17.74) | (0.37) | (0.25) | 1.36 | (0.01) | (3.95) | (3.80) |
| Net cash from financing activities | 0.00 | 0.00 | 0.00 | 0.00 | 21.08 | 3.35 | 57.74 |
| Net change in cash | (0.64) | 0.78 | 0.03 | 0.08 | 0.01 | (0.12) | (5.56) |
| Closing cash | 0.28 | 0.92 | 0.13 | 0.11 | 0.02 | 0.01 | 0.13 |
| 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 | +15.5% | -10.6% | +49.5% | +26.2% | +13.0% | +41.2% | - |
| EBITDA growth | +13.6% | -10.7% | +52.6% | +26.0% | +14.5% | +47.1% | - |
| PBT growth | +11.0% | -10.8% | +48.7% | +28.6% | +31.7% | +133.5% | +180.0% |
| Net income growth | -20.6% | +33.5% | +34.9% | +5.4% | +19.4% | +118.9% | - |
| Revenue CAGR (3Y) | +15.6% | +19.1% | +28.7% | +26.3% | +70.6% | - | - |
| EBITDA CAGR (3Y) | +15.7% | +19.8% | +30.1% | +28.6% | +85.1% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +28.1% | +29.4% | +29.7% | +29.8% | +29.1% | +25.1% | +15.2% |
| Return on capital employed | +6.1% | +5.7% | +6.5% | +5.1% | +5.3% | +5.3% | +4.3% |
| Return on net worth | +3.1% | +3.1% | +3.9% | +2.9% | +2.6% | +2.3% | +1.1% |
| Debt / equity | 0.74 | 0.82 | 0.98 | 0.86 | 0.64 | 0.68 | 0.56 |
| Long-term debt / equity | 0.74 | 0.82 | 0.98 | 0.86 | 0.64 | 0.68 | 0.56 |
| Interest cover | 60.74 | 59.82 | 59.93 | 59.01 | 59.58 | 64.86 | 77.85 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.78 | 5.40 | 11.71 | 230.17 | 2,091.00 | 1,851.00 | 79.45 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 17.42 | 21.93 | 16.42 | 12.21 | 11.55 | 9.66 | 4.41 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 261.51 | 242.86 | 212.95 | 196.54 | 168.13 | 147.00 | 125.08 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.20 | 13.37 | 8.26 | 9.79 | 9.34 | 8.56 | 8.23 | 9.07 |
| Revenue growth (YoY) | -44.3% | +56.2% | +0.4% | +7.9% | -1.0% | - | - | - |
| Other income | 0.39 | 0.00 | 0.00 | 0.00 | 0.00 | (0.08) | 0.00 | 0.00 |
| Total expenses | 0.36 | 0.21 | 0.51 | 0.33 | 0.23 | 0.13 | 0.22 | 0.03 |
| EBITDA | 4.84 | 13.16 | 7.75 | 9.46 | 9.11 | 8.43 | 8.01 | 9.04 |
| EBITDA margin | +93.1% | +98.4% | +93.8% | +96.6% | +97.5% | +98.5% | +97.3% | +99.7% |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 4.00 | 5.74 | 5.86 | 6.32 | 6.05 | 4.72 | 4.80 | 5.48 |
| Profit before tax | 1.23 | 7.41 | 1.88 | 3.13 | 3.05 | 3.62 | 3.20 | 3.55 |
| Tax | 0.31 | 1.87 | 0.56 | 0.83 | 0.77 | 0.92 | 0.84 | 0.90 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 40.76 | 35.29 | 39.46 | 26.47 | 20.91 | 18.51 | 13.11 |
| Revenue growth | +15.5% | -10.6% | +49.1% | +26.6% | +13.0% | +41.2% | - |
| Other income | 0.00 | 0.11 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 1.28 | 0.64 | 0.54 | 0.88 | 0.67 | 0.84 | 1.10 |
| Employee cost | 0.00 | 0.37 | 0.27 | 0.25 | 0.39 | 0.67 | 0.88 |
| EBITDA | 39.48 | 34.65 | 38.92 | 25.59 | 20.24 | 17.67 | 12.01 |
| EBITDA margin | +96.9% | +98.2% | +98.6% | +96.7% | +96.8% | +95.5% | +91.6% |
| Depreciation | 0.03 | 0.04 | 0.06 | 0.04 | 0.00 | 0.00 | 0.00 |
| Interest | 23.96 | 20.77 | 23.29 | 15.03 | 12.06 | 11.46 | 9.35 |
| Profit before tax | 15.49 | 13.95 | 15.64 | 10.52 | 8.18 | 6.21 | 2.66 |
| Tax | 4.03 | 3.56 | 3.93 | 2.67 | 2.09 | 1.57 | 0.67 |
| Net profit | 11.46 | 10.39 | 11.71 | 7.85 | 6.09 | 4.64 | 1.99 |
| Net profit margin | +28.1% | +29.4% | +29.7% | +29.7% | +29.1% | +25.1% | +15.2% |
| EPS (₹) | 7.78 | 7.06 | 7.94 | 5.33 | 4.13 | 3.14 | 1.35 |
| 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 | - | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 | 14.74 |
| Reserves & surplus | - | 50.93 | 40.23 | 28.53 | 20.68 | 14.59 | 9.96 |
| Shareholders' funds (net worth) | - | 65.67 | 54.97 | 43.27 | 35.42 | 29.33 | 24.70 |
| Secured loans | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | - | 257 | 291 | 304 | 159 | 138 | 134 |
| Total debt | - | 257 | 291 | 304 | 159 | 138 | 134 |
| Total liabilities | - | 323 | 346 | 347 | 194 | 167 | 159 |
| Assets | |||||||
| Gross block | - | 6.54 | 6.53 | 0.22 | 0.01 | 0.01 | 0.01 |
| Net block | - | 6.40 | 6.43 | 0.17 | 0.00 | 0.00 | 0.01 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 1.18 | 0.42 | 6.34 | 7.83 | 7.82 | 3.87 |
| Inventories | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | - | 0.92 | 0.13 | 0.11 | 0.02 | 0.01 | 0.13 |
| Loans & advances | - | 1.40 | 1.40 | 1.40 | 1.42 | 2.29 | 2.71 |
| Total current assets | - | 2.32 | 1.53 | 1.51 | 1.44 | 2.30 | 2.84 |
| Total current liabilities | - | 16.31 | 16.13 | 15.09 | 16.66 | 26.40 | 8.12 |
| Net working capital | - | (13.99) | (14.60) | (13.58) | (15.22) | (24.10) | (5.28) |
| Total assets | - | 323 | 346 | 347 | 194 | 167 | 159 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.13 | 0.11 | 0.02 | 0.01 | 0.13 | 5.69 |
| Net cash from operating activities | - | 1.16 | 0.28 | (1.27) | (21.06) | 0.48 | (59.49) |
| Net cash from investing activities | - | (0.37) | (0.25) | 1.36 | (0.01) | (3.95) | (3.80) |
| Net cash from financing activities | - | 0.00 | 0.00 | 0.00 | 21.08 | 3.35 | 57.74 |
| Net change in cash | - | 0.78 | 0.03 | 0.08 | 0.01 | (0.12) | (5.56) |
| Closing cash | - | 0.92 | 0.13 | 0.11 | 0.02 | 0.01 | 0.13 |
| 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 | +15.5% | -10.6% | +49.1% | +26.6% | +13.0% | +41.2% | - |
| EBITDA growth | +13.9% | -11.0% | +52.1% | +26.4% | +14.5% | +47.1% | - |
| PBT growth | +11.0% | -10.8% | +48.7% | +28.6% | +31.7% | +133.5% | +180.0% |
| Net income growth | +10.3% | -11.3% | +49.2% | +28.9% | +31.3% | +133.2% | - |
| Revenue CAGR (3Y) | +15.5% | +19.1% | +28.7% | +26.4% | +70.6% | +87.7% | +71.7% |
| EBITDA CAGR (3Y) | +15.6% | +19.6% | +30.1% | +28.7% | +85.1% | +331.5% | +331.0% |
| Profitability & leverage | |||||||
| Net income margin | +28.1% | +29.4% | +29.7% | +29.7% | +29.1% | +25.1% | +15.2% |
| Return on capital employed | - | +10.4% | +11.3% | +9.5% | +11.2% | +10.8% | +9.7% |
| Return on net worth | - | +17.3% | +23.8% | +20.0% | +18.8% | +17.1% | +8.4% |
| Debt / equity | - | 4.54 | 6.05 | 5.87 | 4.57 | 5.03 | 4.23 |
| Long-term debt / equity | - | 4.54 | 6.05 | 5.87 | 4.57 | 5.03 | 4.23 |
| Interest cover | 60.74 | 60.01 | 59.93 | 58.83 | 59.58 | 64.86 | 77.85 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 5.42 | 11.71 | 230.17 | 2,091.00 | 1,851.00 | 79.45 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 7.78 | 7.06 | 7.94 | 5.33 | 4.13 | 3.14 | 1.35 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 44.56 | 37.30 | 29.36 | 24.03 | 19.90 | 16.76 |
To see the full year-wise statements and ratios of Sonal Mercantile Limited, buy the company report.
Board of directors of Sonal Mercantile Limited
Sonal Mercantile has 6 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikram Goyal Also directs: Ram Gopal Goyal & Sons LLP, Rudraveerya Reality LLP, Rudraveerya Estate LLP and 5 more | Whole-Time Director | 23 Nov 2018 | 7 Years 11 Months | Current |
| Deepak Garg | Director | 26 Mar 2019 | 7 Years 7 Months | Current |
| Rati Goswami Also directs: RVS Petro Chemicals Limited | Director | 20 Jun 2020 | 6 Years 4 Months | Current |
| Pardeep Kumar | Director | 08 Sep 2020 | 6 Years 1 Months | Current |
| Rajan Goyal Also directs: Ram Gopal Goyal & Sons LLP, Rudraveerya Buildwell LLP, Rudraveerya Realtech LLP and 5 more | Director | 23 Nov 2018 | 7 Years 11 Months | Current |
| Akash Bhardwaj | Director | 09 Sep 2025 | 1 Years 1 Months | Current |
Auditor
Sonal Mercantile Limited is audited by V.N. Purohit & Co. for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.N. Purohit & Co. | FY 2019 | 304040E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 24.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 75.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 24.90% | 24.90% | 24.90% | 24.90% |
| Public | 75.10% | 75.10% | 75.10% | 75.10% |
Deals & funding
Sonal Mercantile Limited has 21 deals on record (21 market trades); the latest was in November 2025.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Market trade | ₹23.8 Lakh | Buyer: Orion Propmart Private Limited |
| Jun 2020 | Market trade | ₹33.5 Lakh | Buyer: Tia Enterprises Private Limited Seller: Gyandeep Financial Advisory Private Limited |
| Jun 2020 | Market trade | ₹20.1 Lakh | Buyer: Orion Propmart Private Limited |
| May 2020 | Market trade | ₹58.8 Lakh | Buyer: Orion Propmart Private Limited , Orion Infradevelopers Private Limited Seller: Gyandeep Financial Advisory Private Limited , India Finsec Limited |
| Sep 2019 | Market trade | ₹59.8 Lakh | Buyer: India Finsec Limited Seller: Starrose Dealer Private Limited , Gyandeep Financial Advisory Private Limited |
To see the full deal history of Sonal Mercantile Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sonal Mercantile Limited has 3 court cases on record: 3 filed by Sonal Mercantile. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
Cases on record (1 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Income Tax Officer Ward 24(1) and Anr | Disposed |
To see the full case history of Sonal Mercantile Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sonal Mercantile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Sonal Mercantile has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Sonal Mercantile Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sonal Mercantile Limited has 42 board changes on record since 2005: 24 appointments and 18 cessations. The latest: Akash Bhardwaj was appointed as Director on 09 Sep 2025.
33 earlier events are in the company report.
News
Frequently asked questions
Sonal Mercantile is an active public limited company based in New Delhi, Delhi, India. The company works in nbfc, within the financial services industry. It was incorporated on 04 November 1985 (41+ years old) and is registered under CIN L51221DL1985PLC022433. Listed on BSE: 538943 and NSE: SONAL.
Sonal Mercantile reported revenue of ₹40.76 Cr for FY 2025-26 (up 15.5% YoY) based on consolidated financials.
Sonal Mercantile has 6 current directors:
- Vikram Goyal - Whole-Time Director
- Deepak Garg - Director
- Rati Goswami - Director
- Pardeep Kumar - Director
- Rajan Goyal - Director
- Akash Bhardwaj - Director
The latest financial statements of Sonal Mercantile 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 CIN (Corporate Identification Number) of Sonal Mercantile is L51221DL1985PLC022433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Sonal Mercantile is a listed company as per MCA records. Its shares are listed on both BSE (code: 538943) and NSE (symbol: SONAL).
Sonal Mercantile has 3 court cases on record: 3 filed by the company.
Sonal Mercantile was incorporated on 04 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Delhi.
Sonal Mercantile has 21 deals on record (21 market trades); the latest was in November 2025.
Akash Bhardwaj was appointed as Director on 09 Sep 2025. Munish Kumar Garg ceased to be Director on 08 Sep 2025. Munish Kumar Garg was appointed as Director on 08 Sep 2020. Sonal Mercantile has 42 board changes on record in total.

