Mrugesh Trading logo

Mrugesh Trading

512065 BSE
₹72.90 0.92 (1.28%)
Market Cap
₹5,267 Cr

Key Fundamentals

MicrocapNBFCFinancial Services
Market Cap
₹5,267 Cr
EBITDA
−₹1.32 Cr
Return on Equity
1.88%
Debt to Equity
0.01
Book Value
₹1.00
EPS (TTM)
−₹0.13
52W High
₹115.30
52W Low
₹1.45

Price-based figures as of 13 Oct 2026, 15:17 IST · EPS basis: Standalone · TTM

Peer Comparison

Financial Services › NBFC › Non Banking Financial Company (NBFC)

Bajaj Finance
₹982.4030.126,11,638 Cr5.370.63%16.53%10.71%85,276 Cr20,648 Cr
Shriram Finance
₹984.8517.442,31,740 Cr2.201.15%15.18%11.00%49,401 Cr11,318 Cr
Jio Financial
₹216.7467.731,43,116 Cr1.040.28%1.17%1.69%5,220 Cr2,066 Cr
Cholamandalam Investment
₹1,614.2023.811,37,903 Cr4.500.13%17.17%9.46%33,147 Cr5,751 Cr
Muthoot Finance
₹2,621.809.261,05,257 Cr2.591.14%26.67%15.43%33,526 Cr11,457 Cr
SBI Cards
₹570.2523.8654,267 Cr3.450.44%13.78%18.31%20,882 Cr2,275 Cr
Sundaram Finance
₹4,234.8021.1947,050 Cr3.160.97%13.46%9.65%10,173 Cr2,219 Cr
Authum Inv & Infr
₹549.7522.3046,686 Cr3.170.09%13.07%12.59%2,915 Cr2,094 Cr
Mahindra & Mahindra Financial Services
₹326.0013.9345,320 Cr1.702.35%10.72%8.61%21,870 Cr3,259 Cr
Poonawalla Fincorp
₹442.0047.1238,921 Cr2.830.45%5.24%6.68%8,901 Cr787 Cr
Mrugesh Trading (this company)
₹72.90—5,267 Cr72.900.00%1.88%2.23%13 Cr-0 Cr
Median 11 companies₹570.2523.0654,267 Cr3.160.45%13.46%9.65%20,882 Cr2,275 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100. How it works →

As of 2026-10-12
v2.0.0
36 Poor
Overall score
Data confidence 76/100

Category scores

Quality Poor 16
Returns, margins, earnings quality 24%
Valuation Poor 26
Cheap vs sector & own history 26%
Growth Poor 4
Sales & profit trajectory 10%
Momentum Strong 99
Trend strength, vol-adjusted 13%
Ownership Average 50
FII/DII/promoter flows 26%

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Company is almost debt free.

Weaknesses

7
  • Stock is trading at 68.7 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding is low: 0.25%
  • Company has a low return on equity of 0.17% over last 3 years.
  • Company has high debtors of 255 days.
  • Promoter holding has decreased over last 3 years: -74.1%
  • Working capital days have increased from 658 days to 990 days

Technical Indicators

Oscillators

BearishNeutralBullish

Bullish

Bearish
2
Neutral
1
Bullish
6

Overall

BearishNeutralBullish

Bearish

Bearish
10
Neutral
1
Bullish
8

Moving Averages

BearishNeutralBullish

Bearish

Bearish
8
Neutral
0
Bullish
2

Growth Rate

Revenue Growth
-43.91%

change over 1 year

Net Income Growth
-180%

change over 1 year

Cash Flow Change
-17.85%

change over 1 year

EBITDA Margin Change
-627%

change over 1 year

AI Analysis — Bull vs Bear

Generated 6 Jul 2026
AI opinion · based on fundamentals
Risk high

Mrugesh Trading Ltd is a micro-cap financial services company with a market cap of Rs 4,277.6 crore trading at 59.3x book value, with near-zero promoter holding at 0.25% and a TTM sales decline of 44%. The company reports negligible return on equity of 0.17% over 3 years and has shifted to a net loss position with TTM profit growth at -169%.

Bull Case 5
  • Company is almost debt free, reducing solvency risk and interest burden on the balance sheet
  • 10-year compounded sales growth of 102% indicates the business achieved significant revenue scale-up over the longer term
  • Debt-free status provides financial flexibility to pursue new opportunities without lender constraints
  • Micro-cap positioning with Rs 4,277.6 crore market cap offers optionality if business fundamentals improve materially
  • Absence of significant debt means no refinancing risk in a rising interest rate environment
Bear Case 8
  • Stock trades at 59.3x book value, an extreme premium with no earnings growth to justify the valuation
  • Promoter holding is critically low at just 0.25%, signaling lack of skin in the game by insiders
  • Promoter holding has declined by 74.1% over the last 3 years, indicating sustained insider selling
  • TTM sales have declined 44%, showing severe revenue deterioration in the most recent period
  • TTM profit growth is -169%, meaning the company has swung from profit to a net loss
  • Return on equity is just 0.17% over the last 3 years, indicating virtually no value creation for shareholders
  • Debtor days stand at 255 days, suggesting poor receivables management and potential collection issues
  • Working capital days have ballooned from 658 to 990 days, indicating severely strained operational cash conversion

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

98d ago
Neutral 1
  • Registered office shifts to Andheri Jun 25

    Board approved relocation from Shivaji Park to INNOV8 Times Square, Andheri East, effective June 25, 2026. Administrative move with no direct business impact.

TL;DR: Limited news flow for Mrugesh Trading Ltd. The only recent development is an administrative office relocation to Andheri East, which has no material impact on operations or financials. With no substantive business updates, the outlook remains unchanged and driven by broader market conditions in the financial services space.

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue
0
0
0
0
0
10.9
1.56
7.78
0
0.98
3.84
6.51
0.43
Expenses
0
0
0
0
0.05
9.99
1.55
8.24
0.05
1.01
3.49
8.09
0.62
Financing Profit
0
0
0
0
-0.05
0.91
0.01
-0.46
-0.05
-0.03
0.35
-1.58
-0.19
Fin. Margin %
—
—
—
—
—
8.35%
0.64%
-5.91%
—
-3.06%
9.11%
-24.27%
-44.19%
Other Income
0
0
0
0
0
0
0
0
0
0
0
1.08
0.28
Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
0
0
0
0
-0.05
0.91
0.01
-0.46
-0.05
-0.03
0.35
-0.5
0.09
Tax %
—
—
—
—
0%
24.18%
0%
-34.78%
0%
0%
25.71%
0%
0%
Net Profit
0
0
0
0
-0.05
0.7
0.01
-0.31
-0.05
-0.03
0.26
-0.5
0.09
EPS (₹)
0
0
0
0
-0.2
2.8
0.04
-1.24
-0.2
-0.12
0
-0.01
0
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue
0.04
0.01
0.11
0.01
0.01
0
0
0
0
0
20.24
11.33
11.76
Expenses
0.03
0.04
0.05
0.05
0.05
0.1
0.12
0.03
0.01
0.02
19.83
12.64
13.21
Financing Profit
0
-0.05
0.04
-0.06
-0.06
-0.12
-0.13
-0.03
-0.01
-0.02
0.41
-1.31
-1.45
Fin. Margin %
0%
-500%
36.36%
-600%
-600%
—
—
—
—
—
2.03%
-11.56%
-12.33%
Other Income
0
0
0
0
0
0
0
0
0
0
0
1.08
1.36
Interest
0.01
0.02
0.02
0.02
0.02
0.02
0.01
0
0
0
0
0
0
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
0
PBT
0
-0.05
0.04
-0.06
-0.06
-0.12
-0.13
-0.03
-0.01
-0.02
0.41
-0.23
-0.09
Tax %
—
0%
0%
0%
0%
0%
7.69%
0%
0%
0%
14.63%
0%
—
Net Profit
0
-0.05
0.04
-0.06
-0.06
-0.12
-0.14
-0.03
-0.01
-0.02
0.35
-0.24
-0.18
EPS (₹)
0
-0.2
0.16
-0.24
-0.24
-0.48
-0.56
-0.12
-0.04
-0.08
1.4
0
-0.13
Div. Payout %
—
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—
Figures in ₹ Crores

Balance Sheet

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
72.25
Reserves
-0.08
-0.13
0.11
0.06
0.05
-0.05
-0.19
-0.21
-0.22
-0.23
18.12
-0.12
Borrowing
0.21
0.24
0.29
0.26
0.15
0.24
0
0.1
0.1
0.1
0
2.52
Other Liabilities
0.15
0.16
0.16
0.17
0.17
0.2
0.22
0.14
0.01
0.03
0.27
0.13
Total Liabilities
0.53
0.52
0.81
0.74
0.62
0.64
0.28
0.28
0.14
0.15
18.64
74.78
Fixed Assets
0
0
0
0
0
0
0
0
0
0
0.01
0.01
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
0.25
0.25
0.45
0.45
0.43
0.45
0
0.15
0
0
0
0
Other Assets
0.28
0.27
0.36
0.29
0.19
0.19
0.28
0.13
0.14
0.15
18.63
74.77
Total Assets
0.53
0.52
0.81
0.74
0.62
0.64
0.28
0.28
0.14
0.15
18.64
74.78
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0.02
-0.04
-0.03
0.05
-0.04
-0.09
-0.1
0.02
0
0
-17.85
-56.38
Investing
-0.21
0
0
0
-0.03
0
0.45
0
0
0
-0.01
0
Financing
0.19
0.04
0.03
-0.05
0.07
0.09
-0.24
0
0
0
17.89
56.52
Net Cash Flow
0
0
0
0
0
0
0.12
0.02
0
0
0.03
0.14
Free Cash Flow
0.02
-0.04
-0.03
0.05
-0.04
-0.09
-0.1
0.02
0
0
-17.86
-56.38
CFO/OP
200
133
-33
-125
100
90
83
-67
0
0
-4,339
4,304
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %
0%
-34.48%
16.67%
-17.91%
-19.67%
-48%
-107.69%
-60%
-28.57%
-80%
3.81%
-0.53%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Mrugesh Trading insights

61 extracted metrics + investor summaries across FY11–FY27.

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Shareholding Pattern

Others99.70%Public0.05%Promot.0.25%As ofJun 2026

Documents

Frequently Asked Questions about Mrugesh Trading

What does Mrugesh Trading Ltd do?
Incorporated in 1984, Mrugesh Trading Ltd trades in commodities and deals in commission income[1]
Where is Mrugesh Trading Ltd (512065) listed?
Mrugesh Trading Ltd trades under code 512065 on the BSE.
Which sector does Mrugesh Trading Ltd belong to?
Mrugesh Trading Ltd is classified under the Financial Services sector, in the NBFC industry.
What is the market capitalisation of Mrugesh Trading Ltd?
Mrugesh Trading Ltd has a market capitalisation of ₹5,267 Cr as of 13 Oct 2026, which places it in the Mid Cap band.
What is the 52-week high and low of Mrugesh Trading Ltd?
Over the last 52 weeks Mrugesh Trading Ltd has traded between ₹1.45 and ₹115.3 as of 13 Oct 2026.
What is the Return on Equity (ROE) of Mrugesh Trading Ltd?
Mrugesh Trading Ltd reported a return on equity of 1.88%. Its debt-to-equity ratio is 0.01.

Company Information

Incorporated in 1984, Mrugesh Trading Ltd trades in commodities and deals in commission income[1]

Website mrugeshtrading.com
Face Value ₹ 1
Shares Outstanding 72,24,50,681

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