Mercantile Ventures Financials - Balance Sheet, Income Statment, Cash Flow

Quarterly Statement	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	21	21	24	26	26
Expenses	19	21	23	25	24
Operating Profit	0	-0	1	0	-0
Operating Profit Margin %	0%	-1%	2%	2%	-1%
Other Income	2	0	0	1	2
EBITDA	2	-0	1	1	2
Interest	0	0	0	0	0
Depreciation	0	0	0	0	0
Profit Before Tax	2	-0	0	1	2
Tax %	-303%	-59%	114%	6%	-23%
Net Profit	7	-1	-0	1	2
EPS	1	-0	0	0	0

Yearly Balance Sheet	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Share Capital	112	112	112	112	112
Reserve & Surplus	226	199	221	219	161
Minority Interest	-4	-4	15	13	9
Non Current Liabilities	3	12	33	27	7
Current Liabilities	19	17	16	19	18
Total Liabilities	356	337	397	391	306
Fixed Assets	77	77	90	95	91
Capital Work in Progress	0	0	0	0	0
Investments	148	177	175	223	0
Other Assets	132	83	131	73	0
Total Assets	356	337	397	391	306

Yearly Cash Flow	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Operating Activities	-9	23	-6	-14	39
Investing Activities	17	-13	-10	9	17
Financing Activities	0	0	0	4	-4
Net Cash Flow	8	10	-16	-1	52

Financial Year	Revenue	Revenue Growth	Net Profit	Profit Growth
FY 2024-25	43	16.66%	0	655.08%
FY 2023-24	39	24.77%	7	-86.66%
FY 2022-23	33	20.9%	1	-26.19%
FY 2021-22	27	-3.69%	5	27.3%
FY 2020-21	22	11.1%	7	-54.07%

*All securities mentioned on this website are exemplary and not recommendatory.

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We are bullish on India, we are bullish on India's prospects to be one of the largest economies in the world. We believe that the stock market provides a unique opportunity for all of India's traders and investors to participate in the growth story of the country.

Yet, most investing & trading platforms in India have remained more or less the same over the past decade. Times have changed and retail traders and investors have become smarter about managing their trades and money. Modern traders & investors require an online trading platform that helps them keep up with the technological advancements of our time.

That's why we're building Dhan - to help you trade, to help you invest, and to help you participate in India's growth stock via the stock market with awesome features and an incredible experience.

We are doing so by giving you access to not just one but 6 products within the Dhan ecosystem:

Dhan App: The only online trading app you need for buying and selling equity, futures, options, commodity, and currency.
Dhan Web: Trade on the big screen across segments with our web trading platform.
Options Trader App: A dedicated option trading app built for India's F&O traders.
Options Trader Web: Love big screens and F&O trading? Use our web option trading platform.
Dhan + TradingView: The magic of Tradingview charts for free with the Lightning-Fast experience of Dhan on tv.dhan.co.
Connect to TradingView: Our Tradingview broker integration allows you to trade in Stocks, Futures, and Commodities directly from tradingview.com via Dhan.

This means that with Dhan, you'll be able to start:

Lakhs of users already trust Dhan for their online stock trading and investing needs. Dhan is growing rapidly because of the love we receive from SuperTraders and Long-Term Investors who acknowledge that the platform is innovating for them, building super useful features that help them do everything from investing in stock market to trading F&O like a pro on the Tradingview charts and much more.

While we are growing, we will always remember why we started building in the first place - you. Our user-first approach will always be at the heart of our philosophy. Come join us on this incredible journey!

Try it out, you can close your account at anytime using this link.

©2021-2026 Raise Securities Private Limited (formerly Moneylicious Securities Private Limited). All rights reserved. CIN: U74999MH2012PTC433549 Raise Securities is part of Raise Financial Services and works closely with Raise Partners across services.

SEBI Stock Broker Registration No: INZ000006031 | Depository Participant (CDSL) ID: IN-DP-289-2016 | SEBI Research Analyst Registration No: INH000023357
Exchange Membership No. : NSE: 90133 | BSE: 6593 | MCX: 56320
Registered & Corporate Office: Unit No. 2201, 22nd Floor, Gold Medal Avenue, S.V. Road, Beside Patel Petrol Pump, Piramal Nagar, Goregaon West, Mumbai – 400104, Customer Care: 9987761000.

Details of client bank account

For any query / feedback / clarifications, email at help@dhan.co.

In case of grievances for any of the services rendered by Raise Securities Private Limited, please write to grievance@dhan.co (for NSE, BSE and MCX) or grievancedp@dhan.co (for Depository Participant). Please ensure that you carefully read the Risk Disclosure Document as prescribed by SEBI, our Terms of Use and Privacy Policy. Compliance Officer: Mr. Manish Garg and Mobile: 8655740961 Email: complianceofficer@dhan.co To lodge your complaints using SEBI SCORES, click here.

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Attention investors:

Stock brokers can accept securities as margins from clients only by way of pledge in the depository system w.e.f September 01, 2020.
Update your e-mail and phone number with your stock broker / depository participant and receive OTP directly from depository on your e-mail and/or mobile number to create pledge.
Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month.

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Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website. Issued in the interest of the investors.

Raise Securities Private Limited also known as Dhan is only an order collection platform that collects orders on behalf of clients and places them on BSE StarMF for execution. Client expressly agrees that Dhan is not liable or responsible and does not represent or warrant any damages regarding non- execution of orders or any incorrect execution of orders with regard to the funds chosen by the client or due to, but not being limited to, any link/system failure, delay in transfer of the funds on account of any unforeseen circumstances/issues in the banking system/payment aggregators or any other problems that may result in a delay in crediting the funds into the BSE Star MF's bank account. Raise Securities Private Limited (Dhan) does not engage in proprietary trading on its own account.

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Mercantile Ventures

MERCANTILE Financials

Income Statement

Balance Sheet

Cash Flow

MERCANTILE Revenue Growth