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Varun Mercantile

512511 BSE
₹1.08 up 0.05 (4.85%)
Market Cap
₹20.00 L
P/E
1.96

Varun Mercantile (VARUNME) share price was ₹1.08 at the 27 Oct 2025 close; market capitalisation ₹0.20 Cr; P/E (TTM) 1.96; sector Commercial Services. In the Jun 2026 quarter, revenue was under ₹1 Cr in both quarters and net profit was ₹0.02 Cr, against ₹0.04 Cr a year earlier (compared with Jun 2025). Promoters held 0.00% of Varun Mercantile in Sep 2026, unchanged from Jun 2026.

No price data available

Key Fundamentals

MicrocapCommercial ServicesServices
Market Cap
₹20.00 L
P/E (TTM)
1.96
EBITDA
₹20.00 L
Return on Equity
2.26%
Return on Capital Employed
3.99%
Debt to Equity
0
Book Value
₹27.69
EPS (TTM)
₹0.55
52W High
₹1.08
52W Low
₹1.08

Last traded 27 Oct 2025 · EPS basis: Standalone · TTM

Peer Comparison

Services › Commercial Services › Diversified Services › Diversified Commercial Services

International Gemological Institute
₹405.5028.7417,524 Cr10.010.65%47.80%58.83%1,521 Cr611 Cr
WeWork India Management
₹642.15105.448,918 Cr26.200.00%64.94%11.08%2,850 Cr82 Cr
Indiabulls
₹31.5316.957,353 Cr2.060.00%11.14%6.24%1,121 Cr488 Cr
Nesco
₹1,002.5016.957,064 Cr2.240.71%13.77%15.50%1,055 Cr417 Cr
Nirlon
₹630.9515.935,686 Cr12.134.76%73.83%23.30%689 Cr357 Cr
Leap India
₹121.50—5,353 Cr3.540.00%6.19%9.00%821 Cr75 Cr
Varun Mercantile (this company)
₹1.081.960 Cr0.040.00%2.26%3.99%0 Cr0 Cr
Median 7 companies₹405.5016.957,064 Cr3.540.00%13.77%11.08%1,055 Cr357 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. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

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

No Tapetide Score has been computed for this stock yet.

Key Insights

Strengths

2
  • Company is almost debt free.
  • Stock is trading at 0.04 times its book value

Weaknesses

2
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 2.19% over last 3 years.

Technical Indicators

Oscillators

Neutral

Bearish
0
Neutral
9
Bullish
0

Overall

Neutral

Bearish
0
Neutral
19
Bullish
0

Moving Averages

Neutral

Bearish
0
Neutral
10
Bullish
0

Growth Rate

Revenue Growth
0% lower than 3Y

change over 1 year

Net Income Growth
0% lower than 3Y

change over 1 year

Cash Flow Change
55.17%

change over 1 year

EBITDA Margin Change
-2.45%

change over 1 year

Quarterly Results

Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
0
0
0
0
0
0
0
0
0
0
0
0
0
Expenses
0.03
0.04
0.04
0.03
0.04
0.04
0.04
0.05
0.03
0.05
0.03
0.04
0.04
Operating Profit
-0.03
-0.04
-0.04
-0.03
-0.04
-0.04
-0.04
-0.05
-0.03
-0.05
-0.03
-0.04
-0.04
Other Income
0.07
0.08
0.09
0.09
0.09
0.1
0.1
0.1
0.1
0.1
0.09
0.09
0.09
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
0.04
0.04
0.05
0.06
0.05
0.06
0.06
0.05
0.07
0.05
0.06
0.05
0.05
Tax %
50%
50%
40%
33.33%
40%
33.33%
33.33%
40%
28.57%
40%
33.33%
40%
40%
Net Profit
0.02
0.02
0.03
0.03
0.03
0.04
0.04
0.03
0.04
0.03
0.03
0.03
0.02
EPS (₹)
0.1
0.1
0.15
0.15
0.15
0.2
0.2
0.15
0.2
0.15
0.15
0.15
0.1
Figures in ₹ Crores

Profit & Loss

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
0.38
0.38
0
0
0
0
0
0
0
0
0
0
0
Expenses
0.03
0.13
0.25
0.18
0.18
0.18
0.18
0.16
0.12
0.15
0.15
0.16
0.16
Operating Profit
0.35
0.25
-0.25
-0.18
-0.18
-0.18
-0.18
-0.16
-0.12
-0.15
-0.15
-0.16
-0.16
OPM %
92.11%
65.79%
—
—
—
—
—
—
—
—
—
—
—
Other Income
0
0
0.36
0.32
0.35
0.34
0.3
0.25
0.26
0.33
0.38
0.38
0.37
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
0.35
0.25
0.11
0.14
0.17
0.16
0.12
0.09
0.14
0.18
0.23
0.22
0.21
Tax %
28.57%
48%
100%
57.14%
52.94%
56.25%
58.33%
66.67%
50%
44.44%
43.48%
45.45%
—
Net Profit
0.25
0.13
0.01
0.06
0.08
0.07
0.05
0.03
0.07
0.1
0.13
0.12
0.11
EPS (₹)
1.26
0.65
0.05
0.3
0.4
0.35
0.25
0.15
0.35
0.5
0.65
0.6
0.55
Div. Payout %
0%
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
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
1.99
Reserves
2.67
2.81
2.81
2.88
2.95
3.03
3.07
3.1
3.17
3.27
3.4
3.52
Borrowings
0
0
0
0
0
0
0
0
0
0
0
0
Other Liabilities
0.03
0.1
0.02
0.05
0.06
0.03
0.13
0.02
0.01
0
0.01
0.02
Total Liabilities
4.69
4.9
4.82
4.92
5
5.05
5.19
5.11
5.17
5.26
5.4
5.53
Fixed Assets
0
0
0
0
0
0
0
0
0
0
0
0
CWIP
0
0
0
0
0
0
0
0
0
0
0
0
Investments
1
0.5
0
0
0
0
0
0
0
0.5
0
0
Other Assets
3.69
4.4
4.82
4.92
5
5.05
5.19
5.11
5.17
4.76
5.4
5.53
Total Assets
4.69
4.9
4.82
4.92
5
5.05
5.19
5.11
5.17
5.26
5.4
5.53
Figures in ₹ Crores

Cash Flow

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-0.14
-0.16
-0.46
-0.27
-0.31
-0.25
-0.14
-0.31
-0.2
-0.27
-0.87
-0.39
Investing
0.38
0.88
0.86
0.32
0.33
0.34
0.3
0.25
0.26
-0.17
0.88
0.38
Financing
0
0
0
0
0
0
0
0
0
0
0
0
Net Cash Flow
0.24
0.72
0.4
0.05
0.02
0.09
0.15
-0.06
0.06
-0.44
0.01
-0.01
Free Cash Flow
-0.14
-0.16
-0.46
-0.27
-0.31
-0.25
-0.14
-0.31
-0.2
-0.27
-0.87
-0.39
CFO/EBITDA
-11
-12
120
117
122
89
33
156
117
127
520
181
Figures in ₹ Crores

Ratios

Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
0
0
—
—
—
—
—
—
—
—
—
—
Cash Conversion Cycle
0
0
—
—
—
—
—
—
—
—
—
—
Working Capital Days
86.45
0
—
—
—
—
—
—
—
—
—
—
ROCE %
7.71%
5.29%
2.29%
2.9%
3.47%
3.21%
2.38%
1.77%
2.73%
3.45%
4.32%
4.04%

Insights

Beta

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

Log in to view Varun Mercantile insights

47 extracted metrics + investor summaries across FY09–FY27.

Shareholding Pattern

Public51.98%Others48.02%As ofSep 2026

Documents

Frequently Asked Questions about Varun Mercantile

What does Varun Mercantile Ltd do?
Varun Mercantile The Company will Continue to keep its focus in the trading of general commodities.
Where is Varun Mercantile Ltd (VARUNME) listed?
Varun Mercantile Ltd trades under code 512511 on the BSE.
Which sector does Varun Mercantile Ltd belong to?
Varun Mercantile Ltd is classified under the Commercial Services sector, in the Diversified Services industry.
What is the market capitalisation of Varun Mercantile Ltd?
Varun Mercantile Ltd has a market capitalisation of ₹20 L as of 27 Oct 2025, which places it in the Small Cap band.
What is the PE ratio of Varun Mercantile Ltd?
Varun Mercantile Ltd trades at a PE ratio of 1.96 as of 27 Oct 2025, on earnings per share of ₹0.55, against a book value of ₹27.69 per share.
What is the 52-week high and low of Varun Mercantile Ltd?
Over the last 52 weeks Varun Mercantile Ltd has traded between ₹1.08 and ₹1.08 as of 27 Oct 2025.
What is the Return on Equity (ROE) of Varun Mercantile Ltd?
Varun Mercantile Ltd reported a return on equity of 2.26%. Its debt-to-equity ratio is 0.00.

Company Information

Varun Mercantile The Company will Continue to keep its focus in the trading of general commodities.

Website vml.org.in
Listed 2022-02-25
Face Value ₹ 10
Shares Outstanding 18,51,852

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