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BSE Exchange Filings, Explained Simply

AI-powered plain-English analysis of every important BSE announcement — financial results, order wins, dividends, mergers and more. Updated live.

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📋 Filing Types Available on ForgeUp Filings Strictly sourced from BSE exchange announcements (equity segment only). We show only material, important filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India exchange announcements. More categories will be added over time.
Mercantile Ventures Ltd
Results
RESULTS ● No Immediate Change MEDIUM RISK
📅 Filed on BSE: 14 Aug 2026, 11:56 AM IST  ·  BSE ID: 23b8aa72-4967-4854-ad52-511d737bef7f
View Original BSE Filing (PDF)
💡
In Simple Terms
The company reported its latest quarterly financial results, re-appointed a director, and announced its annual meeting.
🤖 AI Summary
  • Mercantile Ventures reported Standalone Net Profit After Tax of Rs. 71.66 Lakhs for Q1 FY27.
  • The Board re-appointed Mr. E N Rangaswami as Whole-time Director for three years (05 Dec 2026 – 04 Dec 2029).
  • The 25th Annual General Meeting will be held on September 24, 2026, at 11:00 AM (IST) via VC/OAVM.
  • NCLT approved amalgamation of India Radiators Limited with the Company, effective July 23, 2026.
  • Consolidated Net Profit After Tax was Rs. 55.97 Lakhs for the quarter ended June 30, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Total Income (Q1 FY27)
Rs. 1,187.00 Lakhs
Standalone Net Profit After Tax (Q1 FY27)
Rs. 71.66 Lakhs
Consolidated Total Income (Q1 FY27)
Rs. 2,551.09 Lakhs
Consolidated Net Profit After Tax (Q1 FY27)
Rs. 55.97 Lakhs
Basic and Diluted EPS (Standalone Q1 FY27)
Rs. 0.07
Segment Assets - Rent and Maintenance
Rs. 7,520.63 Lakhs
Segment Assets - Manpower Services
Rs. 609.92 Lakhs
Segment Assets - Investment activity
Rs. 20,825.41 Lakhs
🏢 How This Affects the Company
📈
Business Impact
The approved amalgamation of India Radiators Limited with Mercantile Ventures Limited, effective July 23, 2026, integrates a new entity into the company's structure.
💰
Financial Impact
Standalone Total Income was Rs. 1,187.00 Lakhs and Net Profit After Tax was Rs. 71.66 Lakhs for Q1 FY27. Consolidated Total Income was Rs. 2,551.09 Lakhs and Net Profit After Tax was Rs. 55.97 Lakhs for Q1 FY27.
⚙️
Operational Impact
The re-appointment of Mr. E N Rangaswami as Whole-time Director ensures continuity in the company's leadership for another three years.
⚠️
Risk Impact
The Limited Review Report for Consolidated Financial Results highlights an inability to assess the fair-market value of certain preference share investments in a subsidiary, impacting carrying value assessment.
👥 What This Means For Shareholders
✅
Action Required
Shareholders should review the unaudited financial results and prepare for the 25th Annual General Meeting.
👤
Who Is Affected
All shareholders are affected by the quarterly financial performance and the re-appointment of a Whole-time Director. Those registered for e-voting will participate in the AGM.
🔍
Management Signal
Management is maintaining continuity in key leadership and has completed a significant corporate amalgamation while reporting quarterly financial performance.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
25th Annual General Meeting on September 24, 2026 for resolutions.
Q2 FY27 financial results — review consolidated performance post-amalgamation.
Updates on the valuation of preference share investments in Walery Security Management Limited.
MEDIUM RISK The audit qualification on investment valuation in a subsidiary creates uncertainty regarding asset values and potential future financial adjustments.
💡 Investor Takeaway
Mercantile Ventures reported Standalone Net Profit After Tax of Rs. 71.66 Lakhs for the quarter ended June 30, 2026, a decrease from Rs. 72.87 Lakhs in the prior comparable period. Consolidated Net Profit After Tax was Rs. 55.97 Lakhs. The NCLT approved the amalgamation of India Radiators Limited with the company.
⚖️ Strengths & Concerns

✅ Positives

  • Standalone Total Income for Q1 FY27 reached Rs. 1,187.00 Lakhs, an increase from Rs. 1,022.68 Lakhs in Q1 FY26.
  • NCLT approval for the amalgamation of India Radiators Limited, effective July 23, 2026, completes a corporate restructuring.

⚠️ Concerns

  • Standalone Net Profit After Tax for Q1 FY27 was Rs. 71.66 Lakhs, a decrease from Rs. 72.87 Lakhs in Q1 FY26.
  • Consolidated Limited Review Report notes an inability to assess the fair-market value of Rs. 22 crores preference share investments in a subsidiary.
📅 Company Track Record
In FY26, Mercantile Ventures Ltd reported an Audited Standalone Net Profit After Tax of Rs. 131.98 Lakhs. The prior comparable quarter (Q1 FY26) had a Standalone Net Profit After Tax of Rs. 72.87 Lakhs. This Q1 FY27 result represents a slight decrease in standalone net profit compared to Q1 FY26. The NCLT approved scheme of amalgamation is a new development.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Mercantile Ventures Ltd's Standalone Net Profit After Tax for Q1 FY27?
Mercantile Ventures Ltd reported a Standalone Net Profit After Tax of Rs. 71.66 Lakhs for the quarter ended June 30, 2026.
What was Mercantile Ventures Ltd's Consolidated Net Profit After Tax for Q1 FY27?
Mercantile Ventures Ltd's Consolidated Net Profit After Tax was Rs. 55.97 Lakhs for the quarter ended June 30, 2026.
Who was re-appointed as Whole-time Director for Mercantile Ventures Ltd?
Mr. E N Rangaswami (DIN: 06463753) was re-appointed as Whole-time Director for a period of three years from December 05, 2026, to December 04, 2029.
When is Mercantile Ventures Ltd's 25th Annual General Meeting scheduled?
The 25th Annual General Meeting of Mercantile Ventures Ltd is scheduled to be held on Thursday, September 24, 2026, at 11:00 AM (IST).
What is the status of the amalgamation of India Radiators Limited with Mercantile Ventures Limited?
The NCLT approved a Scheme of Amalgamation of India Radiators Limited with Mercantile Ventures Limited, with an effective date of July 23, 2026.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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