---
title: "Creative Merchants Ltd (966869) — Share Price, Financials & Analysis"
symbol: "966869"
company: "Creative Merchants Ltd"
canonical: "https://tapetide.com/stocks/966869"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T11:00:18.968Z"
---

# Creative Merchants Ltd (966869)

Canonical page: https://tapetide.com/stocks/966869

## Company

- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** creativemerchants.co.in

## About

Creative Merchants gives a depth coverage of the future trends in business, technology and others fields. It provides all the latest news and information regarding Indian business, technology and consumers.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 3.45 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 6.67%
- Company has a low return on equity of 0.19% over last 3 years.
- Debtor days have increased from 63.2 to 120 days.
- Working capital days have increased from 80.5 days to 200 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -100% | -42% | -13% |
| revenue growth | -100% | -43% | 80% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.44 | 12.02 | 5.08 | 12.02 | 0 | 0 | 0.01 | 2.09 | 0 | 0 | 0 | 0 |
| Expenses | 2.44 | 12.09 | 5.02 | 12.09 | 0.03 | 0.02 | 0.01 | 2.24 | 0 | 0 | 0 | 0.32 |
| Operating Profit | 0 | -0.07 | 0.06 | -0.07 | -0.03 | -0.02 | 0 | -0.15 | 0 | 0 | 0 | -0.32 |
| OPM % | 0 | -0.58 | 1.18 | -0.58 | — | — | 0 | -7.18 | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0.2 | 0.01 | 0 | 0 | 0.32 |
| Interest | 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 |
| Profit before tax | 0 | -0.07 | 0.06 | -0.07 | -0.03 | -0.01 | 0 | 0.05 | 0.01 | 0 | 0 | 0 |
| Tax % | — | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 | — | — | — |
| Net Profit | 0 | -0.07 | 0.06 | -0.07 | -0.03 | -0.01 | 0 | 0.05 | 0 | 0 | 0 | 0 |
| EPS in Rs | 0 | -0.14 | 0.12 | -0.14 | -0.06 | -0.02 | 0 | 0.1 | 0 | 0 | 0 | 0 |

### 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 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.11 | 0.74 | 11.35 | 51.12 | 23.59 | 2.1 | 0 |
| Expenses | 0.09 | 0.68 | 11.35 | 51.15 | 23.63 | 2.29 | 0.32 |
| Operating Profit | 0.02 | 0.06 | 0 | -0.03 | -0.04 | -0.19 | -0.32 |
| OPM % | 18.18 | 8.11 | 0 | -0.06 | -0.17 | -9.05 | — |
| Other Income | 0 | 0 | 0.09 | 0.07 | 0.06 | 0.2 | 0.33 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0.03 | 0.01 | 0.01 | 0.01 | 0 | 0 |
| Profit before tax | 0.02 | 0.03 | 0.08 | 0.03 | 0.01 | 0.01 | 0.01 |
| Tax % | 50 | 33.33 | 37.5 | 33.33 | 0 | 0 | — |
| Net Profit | 0.02 | 0.02 | 0.05 | 0.01 | 0.01 | 0.01 | 0 |
| EPS in Rs | 0.4 | 0.04 | 0.1 | 0.02 | 0.02 | 0.02 | 0 |
| Dividend Payout % | 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 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 0.03 | 0.05 | 0.12 | 0.13 | 0.14 | 0.15 | 0.15 |
| Borrowings | 0 | 0 | 0 | 0.01 | 0.01 | 0.06 | 0.1 |
| Other Liabilities | 0.01 | 0.02 | 11.35 | 15.93 | 3.23 | 1.35 | 1.31 |
| Total Liabilities | 0.54 | 5.07 | 16.47 | 21.07 | 8.38 | 6.56 | 6.56 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0.75 | 0.75 | 0.25 | 0 | 0 | 0 |
| Other Assets | 0.54 | 4.32 | 15.72 | 20.82 | 8.38 | 6.56 | 6.56 |
| Total Assets | 0.54 | 5.07 | 16.47 | 21.07 | 8.38 | 6.56 | 6.56 |

### 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 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.1 | -1.41 | -0.03 | -1.37 | -0.34 | -0.25 |
| Cash from Investing Activity | 0 | -0.83 | -0.01 | 0.5 | 0.3 | 0.2 |
| Cash from Financing Activity | 0.12 | 2.22 | 0.95 | 0.01 | 0 | 0.05 |
| Net Cash Flow | 0.02 | -0.02 | 0.91 | -0.86 | -0.03 | 0 |
| Free Cash Flow | -0.1 | -1.41 | -0.03 | -1.37 | -0.34 | -0.25 |
| CFO/OP | -500 | -2350 | — | 4533 | 850 | 132 |

### Ratios

| Item | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 165.91 | 59.19 | 371.43 | 54.19 | 15.63 | 119.93 |
| Inventory Days | 319.38 | 825.46 | 47.44 | 67.47 | 55.04 | 219 |
| Days Payable | 0 | 5.62 | 365.32 | 114.14 | 50.21 | 223.98 |
| Cash Conversion Cycle | 485.28 | 879.04 | 53.55 | 7.52 | 20.46 | 114.95 |
| Working Capital Days | 365 | 774.39 | 54.03 | 7.71 | 33.89 | 199.88 |
| ROCE % | — | 1.08 | 1.57 | 0.58 | 0.19 | 0.19 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% |
| FIIs | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
| DIIs | 0% | 0% | 0% | 0.9% | 0.9% |
| Public | 93% | 93% | 93% | 92.1% | 92.1% |
| No. of Shareholders | 1029 | 1033 | 1037 | 1033 | 1033 |

### Quarterly

| Category | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% | 6.67% |
| FIIs | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
| DIIs | 0% | 0% | 0% | 0.9% | 0% | 0% | 0% | 0.9% | 0.9% | 0.9% | 0.9% | 0.9% |
| Public | 93% | 93% | 93% | 92.1% | 93% | 93% | 93% | 92.1% | 92.1% | 92.1% | 92.1% | 92.1% |
| No. of Shareholders | 1028 | 1033 | 1033 | 1033 | 1036 | 1037 | 1037 | 1033 | 1033 | 1033 | 1033 | 1033 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport//5385040318.pdf) |
| 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport//5385040317.pdf) |
| 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport//5385040316.pdf) |
| 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport//5385040315.pdf) |
| 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport//5385040314.pdf) |

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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 2026-10-13T11:00:18.968Z.