PAUL MERCHANTS LTD. (PML)

NSE: ₹508.90
BSE: ₹510.00
Stock Performance
Corporate Announcements
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Quarterly Financials

Consolidated Standalone
Particulars Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Revenue from Operations 1,801.36 1,799.03 2,046.03 855.43 1,015.83 985.41 749.25 578.09 493.07 591.22 499.61 472.02
YOY Revenue Growth % -0.39% 3.66% 21.24% -48.72% -43.61% -45.23% -63.38% -32.42% -51.46% -40% -33.32% -18.35%
Other Income 6.70 7.35 8.16 5.99 4.72 5.00 4.51 4.44 4.63 18.35 3.77 4.28
Total Income 1,808.06 1,806.38 2,054.19 861.42 1,020.54 990.42 753.76 582.53 497.69 609.57 503.38 476.30
Total Expenses + 1,796.91 1,796.44 2,043.82 857.73 1,017.19 986.74 751.97 581.85 495.88 594.72 502.88 475.85
Cost of Materials Consumed 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 460.17
Employee Benefit Expense 5.21 5.68 5.64 6.86 6.23 6.38 6.06 5.68 5.80 5.83 5.54 5.57
Other Expenses 29.10 30.08 36.12 16.74 18.68 15.89 14.26 10.98 9.00 9.72 8.26 7.23
Operating Profit 4.45 2.59 2.21 -2.30 -1.36 -1.33 -2.72 -3.76 -2.81 -3.50 -3.28 -3.83
OPM % 0.2% 0.1% 0.1% -0.3% -0.1% -0.1% -0.4% -0.7% -0.6% -0.6% -0.7% -0.8%
Profit Before Tax + 11.15 9.94 10.37 3.69 3.36 3.67 0.53 0.68 1.81 14.85 0.45 0.45
Tax Expense 3.01 2.37 2.73 0.89 0.85 0.95 0.37 0.16 0.37 3.43 0.41 0.15
Tax % 27% 23.9% 26.4% 24.1% 25.4% 26% 69.3% 22.9% 20.7% 23.1% 91.3% 34.1%
Profit After Tax 8.13 7.56 7.63 2.80 2.50 2.72 0.16 0.52 1.44 11.42 0.04 0.30
EPS (Basic) 79.11 73.58 24.75 9.07 8.12 8.81 0.53 1.70 4.66 37.03 0.13 0.96

Yearly Financial Results

Consolidated Standalone
Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
Revenue from Operations 2,055.91 3,328.58 6,501.84 6,899.76 5,280.73 2,961.50
YOY Revenue Growth % -38.23% -48.81% -5.77% 30.66% 78.31% -
Other Income 31.03 18.67 28.20 21.94 19.50 22.12
Total Income 2,086.94 3,347.25 6,530.04 6,921.69 5,300.24 2,983.62
Total Expenses + 2,069.33 3,337.75 6,494.90 6,886.73 5,272.22 2,964.60
Cost of Materials Consumed 2,006.45 0.00 0.00 0.00 0.00 0.00
Employee Benefit Expense 22.75 24.34 23.39 19.09 14.86 14.25
Other Expenses 34.20 59.81 112.04 102.81 74.75 40.03
Operating Profit -13.42 -9.17 6.94 13.02 8.52 -3.09
OPM % -0.7% -0.3% 0.1% 0.2% 0.2% -0.1%
Profit Before Exceptional 17.61 9.50 35.14 34.96 28.02 19.03
Exceptional Items -0.05 -1.26 0.00 0.00 -0.64 -3.05
Profit Before Tax + 17.56 8.24 35.14 34.96 27.38 15.98
Tax Expense 4.37 2.33 9.01 8.97 6.99 3.30
Tax % 24.9% 28.3% 25.7% 25.7% 25.5% 20.7%
Profit After Tax 13.19 5.91 26.12 25.98 20.39 12.68
EPS (Basic) 42.77 19.16 84.71 252.76 198.35 123.32

Balance Sheet

Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
ASSETS
Non-Current Assets + 398.58 304.66 279.02 225.71 226.84 227.92
Property, Plant & Equipment 61.14 60.74 60.37 56.69 57.80 59.28
Capital Work in Progress 0.00 0.21 0.00 0.00 0.00 0.00
Non-Current Investments 301.60 240.45 215.64 165.76 166.17 165.76
Goodwill 0.00 0.00 0.00 0.00 0.00 0.00
Other Intangible Assets 0.50 0.56 0.42 0.46 0.52 0.00
Current Assets + 128.70 227.44 264.02 300.44 244.47 199.55
Inventories 6.93 8.55 8.17 5.61 4.80 4.94
Trade Receivables 5.00 5.16 5.10 4.93 2.71 2.20
Cash and Cash Equivalents 12.37 17.34 9.17 14.12 11.09 6.50
Current Investments 69.96 2.24 21.68 23.77 29.91 37.42
LIABILITIES & EQUITY
Total Equity 495.22 481.95 476.26 450.35 424.54 404.19
Equity Share Capital 3.08 3.08 3.08 1.03 1.03 1.03
Other Equity 492.14 478.87 473.18 449.32 423.51 403.16
Non-Current Liabilities 3.00 3.64 5.17 2.43 1.87 1.73
Current Liabilities 29.05 46.51 61.61 73.37 44.89 21.56
Total Liabilities 32.05 50.15 66.78 75.80 46.77 23.29

Cash Flow Statement

Particulars Mar 2026 Mar 2025 Mar 2024 Mar 2023 Mar 2022 Mar 2021
Cash from Operating Activities -2.69 -27.19 -14.32 19.55 22.28 -4.86
Cash from Investing Activities 7.80 33.71 17.19 -25.48 -21.69 3.92
Cash from Financing Activities -10.08 1.64 -7.80 8.96 4.00 4.08
Net Increase/Decrease in Cash -4.97 8.16 -4.94 3.03 4.58 3.13