Chandrima Mercan

Has Chandrima Mercan declared dividend?

No Dividend History Available

Who are the peers of the Chandrima Mercan?

Chandrima Mercan's peers include Redington, MMTC, MSTC, Ravindra Energy, Fervent Synerg., Rama Vision, Amrapali Inds., Sharika Enterpr., and Ganesha Ecoverse. It has Below Average management risk, Good growth, and Excellent capital structure, with a 1-year return of 193.26%, outperforming its peers.

Peers: The peers of Chandrima Mercan are Redington, MMTC, MSTC, Ravindra Energy, Fervent Synerg., Rama Vision, Amrapali Inds., Sharika Enterpr., and Ganesha Ecoverse.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC, MSTC, and Rama Vision. Below Average management risk is noted for Chandrima Mercan, Ravindra Energy, Fervent Synerg., Amrapali Inds., Sharika Enterpr., and Ganesha Ecoverse. Growth is Excellent at Redington, Good at Chandrima Mercan, Fervent Synerg., and Rama Vision, while Below Average growth is seen at MMTC, MSTC, Ravindra Energy, and the rest. Capital Structure is Excellent at Chandrima Mercan, Good at Redington, Average at Rama Vision, and Below Average at MMTC, MSTC, Ravindra Energy, Fervent Synerg., Amrapali Inds., Sharika Enterpr., and Ganesha Ecoverse.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ravindra Energy at 142.47%, while Ganesha Ecoverse has the lowest at -57.41%. Chandrima Mercan's 1-year return of 193.26% is significantly higher than both. Additionally, MSTC, Ravindra Energy, Amrapali Inds., and Ganesha Ecoverse have negative six-month returns.

Is Chandrima Mercan overvalued or undervalued?

As of September 23, 2024, Chandrima Mercan is considered very expensive with a PE ratio of 100.62, significantly higher than its peers, and has experienced a year-to-date decline of 46.66%, indicating it is overvalued in the current market.

As of 23 September 2024, the valuation grade for Chandrima Mercan has moved from fair to very expensive. The company is currently overvalued, with a PE ratio of 100.62, an EV to EBIT ratio of 103.88, and a Price to Book Value of 2.11. These figures indicate that the stock is trading at a significant premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Chandrima Mercan's valuation stands out starkly; for instance, Life Insurance has a PE ratio of 12.54 and Bajaj Finance Ltd. has a PE ratio of 35.01, both of which are considerably lower than that of Chandrima Mercan. Additionally, the company's recent stock performance shows a year-to-date decline of 46.66%, contrasting sharply with the Sensex's gain of 5.56%, further reinforcing the notion that the stock is overvalued in the current market context.

What is the technical trend for Chandrima Mercan?

As of May 3, 2025, Chandrima Mercan's technical trend is mildly bearish, supported by daily moving averages and mixed signals from the MACD and Bollinger Bands across different time frames.

As of 3 May 2025, the technical trend for Chandrima Mercan has changed from sideways to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD indicates a mildly bearish stance, suggesting mixed signals across different time frames. The daily moving averages are also mildly bearish, reinforcing the current bearish outlook. The Bollinger Bands show a mildly bearish trend on the weekly chart, while the monthly chart is bullish, indicating potential volatility. The KST is mildly bullish on both the weekly and monthly charts, which adds some strength to the bullish indicators but is overshadowed by the overall bearish trend. The Dow Theory shows a mildly bearish stance on the weekly chart with no trend on the monthly chart. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from the MACD and Bollinger Bands.

Who are in the management team of Chandrima Mercan?

As of March 2022, the management team of Chandrima Mercan includes Ziral Soni and Pranav Vajani as Independent Directors, Pranav Trivedi as Managing Director, Chiragkumar Parmaras as Director, and Mrinal Parth Shah as Company Secretary & Compliance Officer.

As of March 2022, the management team of Chandrima Mercan includes the following individuals:<BR><BR>1. Ziral Soni - Independent Director<BR>2. Pranav Vajani - Independent Director<BR>3. Pranav Trivedi - Managing Director<BR>4. Chiragkumar Parmaras - Director<BR>5. Mrinal Parth Shah - Company Secretary & Compliance Officer<BR><BR>These members play various roles in the governance and management of the company.

What does Chandrima Mercan do?

Chandrima Mercantiles Ltd is a micro-cap company engaged in trading agricultural products, incorporated in 1982 and publicly listed since 2018. As of March 2025, it reported net sales of 88 Cr and a net loss of 10 Cr, with a market cap of INR 102 Cr.

Overview:<BR>Chandrima Mercantiles Ltd is engaged in the trading of agriculture products and operates within the Trading & Distributors industry, classified as a micro-cap company.<BR><BR>History:<BR>The company was incorporated on December 27, 1982. It became publicly listed on BSE Limited on February 22, 2018. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 88 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -10 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 102 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 101.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.07 <BR>Return on Equity: 1.53% <BR>Price to Book: 2.10 <BR><BR>Contact Details:<BR>Address: B-712 Seven Floor Tiitanium, City Center 100 Feet Anandnaga Ahmedabad Gujarat : 380015 <BR>Email: chandrimamercantile@gmail.com <BR>Website: http://www.chandrimamercantiles.com

Who are the top shareholders of the Chandrima Mercan?

The top shareholders of Chandrima Mercan include Upendra Hiralal Dalal, the main promoter with a 0.0% stake, and Pras Investment Private Limited, which holds 4.95%. Individual investors own 8.91% of the shares, with no pledged promoter holdings or mutual fund investments.

The top shareholders of Chandrima Mercan include Upendra Hiralal Dalal, who is the promoter with the highest holding, although his stake is listed as 0.0%. The highest public shareholder is Pras Investment Private Limited, which holds 4.95% of the shares. Additionally, individual investors collectively hold 8.91% of the company's shares. There are no pledged promoter holdings, and the company has no mutual fund schemes holding its shares, with only one foreign institutional investor (FII) holding a negligible percentage.

How big is Chandrima Mercan?

As of 24th July, Chandrima Mercantiles Ltd has a market capitalization of 102.00 Cr, with Net Sales of 29.19 Cr and a Net Profit of 0.73 Cr reported in the latest four quarters. Shareholder's Funds are 47.69 Cr and Total Assets amount to 71.60 Cr as of March 2024.

As of 24th July, Chandrima Mercantiles Ltd has a market capitalization of 102.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 29.19 Cr and a Net Profit of 0.73 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 47.69 Cr and Total Assets of 71.60 Cr.

What is the bonus history of Chandrima Mercan?

Chandrima Mercan announced a 1:2 bonus issue, with an ex-date and record date of October 9, 2025, meaning shareholders will receive one additional share for every two shares held.

Chandrima Mercan has a recent bonus issue history where they announced a 1:2 bonus. The ex-date for this bonus is set for October 9, 2025. This means that for every two shares held, shareholders will receive one additional share. The record date is also October 9, 2025. If you have any more questions about the company or its financial activities, feel free to ask!

How has been the historical performance of Chandrima Mercan?

Chandrima Mercan's historical performance shows significant growth in net sales, reaching 29.19 Cr in March 2025, with improved operating profit and reserves, but faced challenges with high purchase costs and negative cash flow from operating activities at -38.00 Cr. Total assets and liabilities were balanced at 113.92 Cr, indicating a stable financial position.

Answer:<BR>The historical performance of Chandrima Mercan shows a significant increase in net sales over the years, reaching 29.19 Cr in March 2025, up from 19.39 Cr in March 2024 and 21.88 Cr in March 2023. The total operating income followed a similar trend, peaking at 29.19 Cr in March 2025. However, the company faced high purchase costs for finished goods, which amounted to 49.28 Cr in March 2025, leading to total expenditure of 28.50 Cr for the same period. Despite these costs, the operating profit (PBDIT) was recorded at 0.69 Cr in March 2025, a recovery from previous years where it was negative in March 2021. The profit before tax also improved to 0.69 Cr in March 2025, with a profit after tax of 0.73 Cr. The company's reserves increased significantly to 79.21 Cr in March 2025, reflecting a strong recovery from negative reserves in earlier years. The total assets also rose to 113.92 Cr, while total liabilities stood at 113.92 Cr, indicating a balanced position. Cash flow from operating activities showed a negative trend at -38.00 Cr in March 2025, despite positive cash flow from financing activities at 31.00 Cr.<BR><BR>Breakdown:<BR>Chandrima Mercan's financial performance has shown a notable upward trajectory in net sales, which increased from 19.39 Cr in March 2024 to 29.19 Cr in March 2025. This growth in total operating income was accompanied by a substantial rise in total expenditure, primarily driven by high purchase costs for finished goods. Operating profit improved to 0.69 Cr in March 2025, marking a significant recovery from previous losses. The profit before tax also reflected this positive trend, reaching 0.69 Cr, while profit after tax climbed to 0.73 Cr. The company's reserves saw a remarkable increase to 79.21 Cr, indicating a strong financial recovery. Total assets reached 113.92 Cr, matching total liabilities, which suggests a stable financial position. However, cash flow from operating activities was negative at -38.00 Cr, despite a positive inflow from financing activities, highlighting challenges in cash management.

When is the next results date for Chandrima Mercantiles Ltd?

The next results date for Chandrima Mercantiles Ltd is 26 May 2026.

The next results date for Chandrima Mercantiles Ltd is scheduled for 26 May 2026.

Are Chandrima Mercantiles Ltd latest results good or bad?

Chandrima Mercantiles Ltd's latest results are concerning, showing a net loss of ₹2.20 crores in Q4 FY26, a significant decline from a profit in the previous quarter, with revenue dropping 66.33% quarter-over-quarter and operating margins turning negative at -35.01%. These results raise serious questions about the company's financial sustainability and future earnings potential.

Chandrima Mercantiles Ltd's latest results are concerning. In the fourth quarter of FY26, the company reported a net loss of ₹2.20 crores, a significant decline from a profit of ₹0.41 crores in the previous quarter. Revenue also plummeted to ₹3.97 crores, marking a staggering 66.33% decrease quarter-over-quarter and a 54.68% drop year-over-year. <BR><BR>The operating margin turned negative at -35.01%, a drastic fall from a positive margin of 1.44% in the prior quarter, indicating that the company's core operations are currently unprofitable. Additionally, the profit after tax (PAT) margin deteriorated to -55.42%, further highlighting the financial struggles faced by the company.<BR><BR>Overall, these results suggest a troubling inflection point for Chandrima Mercantiles, especially given that it had shown operational profitability in the preceding quarters. The extreme revenue volatility and recent losses raise serious questions about the sustainability of its business model and future earnings potential.

Should I buy, sell or hold Chandrima Mercantiles Ltd?

Why is Chandrima Mercantiles Ltd falling/rising?

As of 02-Jun, Chandrima Mercantiles Ltd's stock price is rising to 6.54, attributed to a 0.62% increase and strong historical growth of 127.80% over the past year. Despite a decline in delivery volume, the stock remains liquid and shows a generally positive trend compared to moving averages.

As of 02-Jun, Chandrima Mercantiles Ltd's stock price is rising, currently at 6.54, with a change of 0.04 (0.62%) upward. This increase can be attributed to its performance today, where it outperformed the sector by 1.11%. Additionally, despite a slight decline in investor participation, as indicated by a 14.18% drop in delivery volume compared to the 5-day average, the stock remains liquid enough for trading. <BR><BR>In terms of longer-term performance, the stock has shown significant gains over the past year, with a remarkable increase of 127.80%, compared to a decline in the benchmark Sensex by 8.26% during the same period. Furthermore, over the last three years, the stock has surged by 1138.64%, far exceeding the Sensex's growth of 19.35%. <BR><BR>While the stock is currently lower than its 5-day, 20-day, and 200-day moving averages, it remains above the 50-day and 100-day moving averages, indicating a mixed but generally positive trend. Overall, the combination of today's performance and strong historical growth contributes to the rising stock price of Chandrima Mercantiles Ltd.

Which are the latest news on Chandrima Mercan?