--- title: "Legacy Mercantile Ltd (780021) — Share Price, Financials & Analysis" symbol: "780021" company: "Legacy Mercantile Ltd" canonical: "https://tapetide.com/stocks/780021" isin: "INE241Q01018" bse_code: "780021" generated_at: "2026-10-13T11:01:45.107Z" --- # Legacy Mercantile Ltd (780021) Canonical page: https://tapetide.com/stocks/780021 ## Company - **BSE Code:** 780021 - **ISIN:** INE241Q01018 - **Stock Type:** EQUITY - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** legacymercantile.com ## About Legacy Mercantile is engaged in the business of Trading in Textile, Fabrics, Garments and allied Products. ## Latest Price ## Key Insights ### Strengths - Company has reduced debt. - Company is almost debt free. ### Weaknesses - Company has a low return on equity of 0.10% over last 3 years. - Company has high debtors of 6,110 days. ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | 100% | 14% | 0% | | revenue growth | 30% | 268% | -30% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 20 | 3 | 21 | 21 | 6 | 7 | 25 | 22 | 1 | 13 | 29 | 27 | | Expenses | 2 | 2 | 2 | 4 | 3 | 2 | 3 | 4 | 3 | 2 | 3 | 2 | | Operating Profit | 18 | 2 | 19 | 17 | 2 | 5 | 22 | 18 | -2 | 10 | 26 | 25 | | OPM % | 92 | 52 | 91 | 82 | 40 | 70 | 88 | 81 | -333 | 80 | 91 | 91 | | Other Income | 0 | 1 | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | | Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | | Profit before tax | 17 | 2 | 19 | 17 | 3 | 5 | 22 | 18 | -2 | 10 | 26 | 24 | | Tax % | 16 | 22 | 32 | 34 | 22 | 22 | 23 | 21 | 32 | 22 | 23 | 19 | | Net Profit | 14 | 2 | 13 | 11 | 2 | 4 | 17 | 14 | -3 | 8 | 20 | 20 | | EPS in Rs | 13.45 | 1.49 | 12.17 | 10.53 | 1.89 | 3.28 | 15.41 | 13.03 | -2.54 | 7.47 | 18.44 | 18.37 | ### Profit & Loss All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 20.53 | 6.93 | 7.1 | 4.93 | 3.06 | 0 | 0.01 | 0.5 | 0 | 0.5 | | Expenses | 22.34 | 6.91 | 7.23 | 5.01 | 3.32 | 0.39 | 0.69 | 1.03 | 0.38 | 0.45 | | Operating Profit | -1.81 | 0.02 | -0.13 | -0.08 | -0.26 | -0.39 | -0.68 | -0.53 | -0.38 | 0.05 | | OPM % | -8.82 | 0.29 | -1.83 | -1.62 | -8.5 | — | -6800 | -106 | 5 | 10 | | Other Income | 1.83 | 0.05 | 0.24 | 0.21 | 0.32 | 0.44 | 0.73 | 0.55 | 0.4 | 0 | | Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | | Depreciation | 0 | 0.01 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 | | Profit before tax | 0.02 | 0.06 | 0.07 | 0.1 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.05 | | Tax % | 50 | 33.33 | 28.57 | 40 | 25 | 25 | 33.33 | 0 | 0 | 20 | | Net Profit | 0.01 | 0.04 | 0.04 | 0.07 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.03 | | EPS in Rs | 0.32 | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | | Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ### Balance Sheet All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 0.32 | 13.4 | 15.81 | 15.81 | 15.81 | 15.81 | 15.81 | 15.81 | 15.81 | 15.81 | | Reserves | 4.82 | 2.71 | 0.33 | 0.4 | 0.43 | 0.46 | 0.48 | 0.49 | 0.5 | 0.54 | | Borrowings | 0.04 | 0.04 | 0.08 | 0.11 | 0.52 | 4.76 | 4.17 | 3.94 | 3.87 | 0.3 | | Other Liabilities | 9.03 | 7.75 | 6.83 | 11.31 | 13.15 | 13.13 | 13.18 | 13.53 | 13.09 | 13.36 | | Total Liabilities | 14.21 | 23.9 | 23.05 | 27.63 | 29.91 | 34.16 | 33.64 | 33.77 | 33.27 | 30.01 | | Fixed Assets | 0 | 0.1 | 0.07 | 0.05 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | | CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Investments | 4.5 | 2.5 | 2.5 | 2.5 | 2.5 | 2.26 | 2.26 | 2.26 | 2.26 | 2.26 | | Other Assets | 9.71 | 21.3 | 20.48 | 25.08 | 27.38 | 31.88 | 31.37 | 31.5 | 31 | 27.74 | | Total Assets | 14.21 | 23.9 | 23.05 | 27.63 | 29.91 | 34.16 | 33.64 | 33.77 | 33.27 | 30.01 | ### Cash Flow All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | -0.53 | -2.11 | -0.24 | 0.63 | 2.4 | 2.77 | 0.41 | 0.61 | -0.06 | 0.1 | | Cash from Investing Activity | -1.56 | -8.68 | 0.29 | -0.81 | -2.05 | -7.86 | 0.18 | -0.21 | 0.23 | 3.37 | | Cash from Financing Activity | 2.08 | 10.92 | 0.04 | 0.03 | 0.43 | 4.24 | -0.59 | -0.39 | -0.15 | -3.36 | | Net Cash Flow | -0.01 | 0.13 | 0.09 | -0.15 | 0.77 | -0.85 | 0 | 0 | 0.02 | 0.11 | | Free Cash Flow | -0.53 | -2.22 | -0.25 | 0.63 | 2.4 | 2.77 | 0.41 | 0.61 | -0.06 | 0.1 | | CFO/OP | 29 | -10550 | 169 | -825 | -938 | -713 | -60 | -119 | 16 | 200 | ### Ratios | Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 144.54 | 470.87 | 428.75 | 910.65 | 1408.71 | — | 319010 | 6314.5 | — | 6110.1 | | Inventory Days | 0 | 0 | 0 | 0 | 0 | — | — | 0 | — | — | | Cash Conversion Cycle | 144.54 | 470.87 | 428.75 | 910.65 | 1408.71 | — | 319010 | 6314.5 | — | 6110.1 | | Working Capital Days | 10.85 | 430.31 | 532.08 | 785.53 | 1182.08 | — | 509540 | 10198.1 | — | 10132.4 | | ROCE % | 0.48 | 0.56 | 0.43 | 0.61 | 0.24 | 0.21 | 0.19 | 0.1 | 0.1 | 0.27 | ## Shareholding Pattern ### annual | Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Dec 2022 | | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | | FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 3.16% | | DIIs | 3.16% | 3.16% | 3.16% | 3.16% | 3.16% | 3.16% | 0% | | Public | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.67% | | No. of Shareholders | 537 | 522 | 517 | 514 | 514 | 514 | 514 | ### Quarterly | Category | Mar 2017 | Sep 2017 | Mar 2018 | Mar 2019 | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Dec 2022 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | 23.16% | | FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 3.16% | 3.16% | | DIIs | 3.16% | 3.16% | 3.16% | 3.16% | 3.16% | 3.16% | 3.16% | 3.16% | 3.16% | 3.16% | 0% | 0% | | Public | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.68% | 73.67% | 73.67% | | No. of Shareholders | 537 | 526 | 522 | 517 | 520 | 514 | 514 | 514 | 514 | 514 | 514 | 514 | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 2026-02-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c74c7cf-8704-4372-838e-695beda49897.pdf) | | 2026-02-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/721d4772-7a7d-4fbb-bc6d-45f4ac4ddb83.pdf) | | 2026-02-04 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f6e4acba-680e-457c-b803-020369453341.pdf) | | 2026-02-04 | [Results For Quarter Ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8a0d01a9-9b58-40ac-a97c-20f44790bce0.pdf) | | 2026-01-22 | [Board Meeting Intimation for Considering Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39e65919-3a17-4573-a82e-a469d27b952f.pdf) | | 2023-01-05 | [Results-Delay in Financial Results](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cb223d88-de4d-4395-b3ec-cab2b8eaadfd.pdf) | | 2023-01-04 | [Results-Delay in Financial Results](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0b62e32-1ab4-405e-91bc-1c10743646d0.pdf) | | 2023-01-02 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4034e50-e413-45b6-80be-dce32d99b389.pdf) | | 2022-11-16 | [Enclosed Herewith Disclosure Of Related Party Transactions, For The Half Year Ended On 30Th September. 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd2a5722-8835-4156-8890-4f4986d14f50.pdf) | | 2022-11-02 | [Board Meeting Intimation for Consider And Approve Unaudited Financial Results For The Half Year Ended On 30Th September, 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/961ea210-37b2-4251-ad26-d873e335f099.pdf) | ### Annual Reports | Date | Document | | --- | --- | | 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f29d2180-f403-4c14-9d47-51b610be07a2.pdf) | | 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b5675bb-3fd7-4d83-80bf-2ed218478e65.pdf) | | 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e2cd834-e831-4512-8790-536e02bf4bfe.pdf) | | 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/521194/74150521194.pdf) | | 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/521194/69366521194.pdf) | | 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/780021/68386780021.pdf) | | 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/521194/65002521194.pdf) | | Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/780021/7800210319.pdf) | | Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/521194/5211940319.pdf) | | Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/780021/7800210318.pdf) | ### Exchange Filings & Announcements | Date | Document | | --- | --- | | 2023-01-05 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb223d88-de4d-4395-b3ec-cab2b8eaadfd.pdf) | | 2023-01-04 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0b62e32-1ab4-405e-91bc-1c10743646d0.pdf) | | 2023-01-02 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4034e50-e413-45b6-80be-dce32d99b389.pdf) | | 2022-11-16 | [Enclosed Herewith Disclosure Of Related Party Transactions, For The Half Year Ended On 30Th September. 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd2a5722-8835-4156-8890-4f4986d14f50.pdf) | | 2022-11-02 | [Board Meeting Intimation for Consider And Approve Unaudited Financial Results For The Half Year Ended On 30Th September, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=961ea210-37b2-4251-ad26-d873e335f099.pdf) | | 2022-10-04 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45008244-2155-4c6f-8bd1-7de816206dd7.pdf) | | 2022-09-02 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4a8e756-c2df-415e-8e4c-0eb0db72ce42.pdf) | | 2022-09-02 | [INTIMATION OF BOOK CLOSURE](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6dc1973-52e3-4849-a515-1a8c5346efa4.pdf) | | 2022-08-30 | [Board Meeting Intimation for INTIMATION OF BOARD MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d340f5a-5eee-4d1c-8645-1769ae912120.pdf) | | 2022-05-21 | [Board Meeting Intimation for Consider And Approve Audited Financial Results For The Half Year And Year Ended On 31St March, 2022.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6854bf9e-0cd6-4d7f-ad13-2db8f4b02c82.pdf) | --- Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:45.107Z.