| Quarterly Financials | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 1,856 | 1,150 | 954 | 982 | 1,120 | 1,339 | 1,602 | 1,345 | 330 | 755 | 908 | 1,050 | 1,153 | 1,254 | 1,562 | 1,400 | 1,833 | 1,762 | 1,719 | 1,698 | 1,837 | 1,841 | 2,093 | 871 | 1,032 | 1,040 | 773 | 604 | 787 |
| Expenses | 1,848 | 1,142 | 948 | 968 | 1,112 | 1,329 | 1,590 | 1,334 | 320 | 743 | 894 | 1,033 | 1,139 | 1,237 | 1,543 | 1,382 | 1,813 | 1,742 | 1,695 | 1,680 | 1,809 | 1,810 | 2,058 | 860 | 1,016 | 1,003 | 754 | 585 | 498 |
| EBITDA | 8 | 8 | 6 | 13 | 8 | 10 | 12 | 11 | 10 | 11 | 14 | 17 | 14 | 18 | 19 | 18 | 20 | 21 | 24 | 19 | 28 | 31 | 36 | 11 | 15 | 37 | 19 | 18 | 290 |
| Operating Profit % | 0 % | 1 % | 0 % | 1 % | 1 % | 1 % | 1 % | 1 % | 2 % | 1 % | 1 % | 1 % | 1 % | 1 % | 1 % | 1 % | 1 % | 1 % | 1 % | 1 % | 1 % | 2 % | 2 % | -1 % | -0 % | 3 % | -1 % | -1 % | -1 % |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 3 | 2 | 3 | 3 | 3 | 4 | 4 | 5 | 7 | 9 | 10 | 12 | 1 | 0 | 14 | 1 | 1 | 1 |
| Profit Before Tax | 7 | 7 | 5 | 11 | 7 | 9 | 11 | 10 | 9 | 10 | 12 | 13 | 12 | 14 | 15 | 13 | 15 | 16 | 18 | 11 | 19 | 19 | 23 | 9 | 14 | 21 | 18 | 17 | 288 |
| Tax | 1 | 1 | 0 | 1 | 1 | 3 | 3 | 2 | 2 | 3 | 2 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 6 | 3 | 5 | 5 | 6 | -0 | 1 | 5 | 0 | -0 | 1 |
| Net Profit | 6 | 6 | 5 | 10 | 6 | 6 | 7 | 7 | 7 | 7 | 10 | 9 | 9 | 11 | 11 | 10 | 11 | 12 | 12 | 8 | 14 | 15 | 17 | 9 | 13 | 16 | 18 | 17 | 288 |
| EPS in ₹ | 56.87 | 60.23 | 46.64 | 95.44 | 60.14 | 53.16 | 72.05 | 71.21 | 68.33 | 71.63 | 93.51 | 91.91 | 83.02 | 102.87 | 109.37 | 95.51 | 110.47 | 116.46 | 119.15 | 82.04 | 133.00 | 141.33 | 55.41 | 30.27 | 43.18 | 52.21 | 57.47 | 54.13 | 932.11 |
Paul Merchants
Paul Merchants
669.00
-10.00
(-1.47%)
Market Cap
206.10 Cr
EPS
206.99
PE Ratio
32.34
Dividend Yield
0.00 %
Industry
Financial Services52 Week High
1,252.00
52 Week Low
664.05
PB Ratio
0.33
Debt to Equity
0.43
Sector
Other Financial Services
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Company News
View All News
Paul Merchants Limited shareholders approved several key appointments at their 41st Annual General Meeting held on September 19, 2025. The company re-appointed Sh. Sat Paul Bansal as Non-Executive Non-Independent Director and Chairman, subject to retirement by rotation. Bansal, aged over 78 years with a graduation in Arts, has around 55 years of business experience and previously served the company from 1990 to 2020 before rejoining in 2021. The meeting also approved the re-appointment of M/s Rajiv Goel & Associates as Statutory Auditors for a second five-year term until 2030 at Rs. 3,00,000 per annum plus GST. Additionally, shareholders re-appointed Mr. Inder Sain Negi as Independent Director for a second term from November 2025 to October 2030. Negi, aged about 69 years, is a retired Regional Director from Reserve Bank of India with over 35 years of experience. The company also appointed M/s Anil Negi & Company as Secretarial Auditors for five years from 2025-26 to 2029-30 at Rs. 35,000 per annum plus GST.
Sat Paul acquired 490,510 equity shares of Paul Merchants Limited, representing 15.59% of total voting power, from Sarita Rani Bansal through an off-market inter-family gift transfer. The transaction occurred between family members within the promoter group. Following the acquisition, Sat Paul's holding increased from 2.46% to 18.04%, while Sarita Rani Bansal's stake decreased from 33.62% to 18.04%. The combined holding of the promoter group, including persons acting in concert, remains at 74.65%. Paul Merchants Limited is listed on BSE Limited with a total equity share capital of 3,084,000 shares of Rs. 10 each.
Paul Merchants Finance Completes Second Tranche of Gold Loan Business Sale to L&T Finance for Rs 77.49 Crore
Sep 11, 2025
Sep 11, 2025Paul Merchants Finance Private Limited, a wholly owned subsidiary of Paul Merchants Limited, has completed the second tranche of its Gold Loan Business Undertaking sale to L&T Finance Limited. The total consideration for this tranche amounts to Rs 77.49 crore. From this amount, Rs 1.21 crore has been kept in abeyance pending legal and tax opinion on asset depreciation treatment, while Rs 15 crore has been retained by L&T Finance as per the Business Transfer Agreement terms. Paul Merchants Finance received the balance amount of Rs 61.28 crore according to the agreement conditions. This transaction follows earlier intimations made in February and June 2025 regarding the gold loan business transfer.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
7,473.60 | #1 10,182.00 | 493.78 | 32.00 | #1 7,900.00 | 9 | -117.65 | 100.00 | |
39.15 | 2,729.20 | 493.38 | 106.40 | - | 6 | -1.20 | 45.33 | |
130.15 | 2,655.10 | 496.94 | 70.10 | 2,947.83 | 3 | 200.00 | 99.65 | |
66.75 | 1,876.30 | 83.44 | 234.70 | 49.81 | 32 | -68.35 | 47.82 | |
1,191.30 | 1,269.30 | 33.66 | 60.10 | -10.30 | 34 | 14.29 | 44.67 | |
375.50 | 937.00 | 51.51 | #1 923.40 | -11.81 | 20 | -11.11 | 59.11 | |
277.50 | 933.70 | 25.49 | 89.40 | 34.23 | 39 | -13.22 | 54.25 | |
603.00 | 921.60 | 245.88 | 14.40 | -84.02 | 2 | -283.00 | 61.03 | |
144.36 | 754.20 | #1 19.18 | 365.00 | 19.40 | #1 46 | -20.93 | 39.47 | |
83.25 | 424.60 | 80.83 | 0.50 | -70.59 | -0 | #1 5,400.00 | 99.06 |
Forecast
Actual
Growth Rate
Revenue Growth
-48.72 %
Net Income Growth
583.33 %
Cash Flow Change
431.18 %
ROE
529.03 %
ROCE
-152.21 %
EBITDA Margin (Avg.)
-166.67 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 198 | 218 | 228 | 473 | 405 | 456 | 535 | 649 | 890 | 1,156 | 1,591 |
| Fixed Assets | 44 | 54 | 50 | 76 | 76 | 64 | 63 | 63 | 67 | 72 | 62 |
| Current Assets | 137 | 159 | 173 | 386 | 307 | 388 | 469 | 582 | 819 | 1,081 | 88 |
| Capital Work in Progress | 2 | 1 | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 |
| Investments | 0 | 5 | 9 | 123 | 99 | 55 | 37 | 30 | 24 | 22 | 2 |
| Other Assets | 152 | 158 | 167 | 274 | 231 | 336 | 435 | 555 | 799 | 1,063 | 1,526 |
| Total Liabilities | 198 | 218 | 228 | 473 | 405 | 456 | 535 | 649 | 890 | 1,156 | 1,591 |
| Current Liabilities | 69 | 73 | 75 | 107 | 36 | 60 | 106 | 180 | 277 | 440 | 50 |
| Non Current Liabilities | 11 | 7 | 3 | 2 | 2 | 2 | 2 | 3 | 102 | 151 | 912 |
| Total Equity | 118 | 139 | 149 | 364 | 367 | 393 | 427 | 467 | 511 | 565 | 629 |
| Reserve & Surplus | 117 | 138 | 148 | 350 | 366 | 392 | 426 | 466 | 510 | 562 | 626 |
| Share Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 11 | 2 | 14 | -34 | -18 | 4 | -4 | 9 | 2 | 3 | -6 |
| Investing Activities | -22 | -16 | 1 | 241 | -25 | 74 | 23 | 6 | 1 | -5 | 17 |
| Operating Activities | 108 | 21 | 18 | -276 | 13 | -83 | -69 | -38 | -154 | -135 | 448 |
| Financing Activities | -76 | -3 | -5 | 2 | -6 | 13 | 42 | 41 | 155 | 143 | -471 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 72.71 % | 72.71 % | 72.71 % | 72.71 % | 72.71 % | 72.71 % | 72.71 % | 72.71 % | 72.71 % | 74.65 % | 74.65 % | 74.65 % | 74.65 % | 74.65 % | 74.65 % | 74.65 % | 74.65 % | 74.65 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.22 % | 0.22 % | 0.16 % | 0.16 % |
| DIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 26.86 % | 26.84 % | 26.87 % | 26.82 % | 26.57 % | 26.58 % | 26.38 % | 26.13 % | 25.93 % | 23.83 % | 23.31 % | 23.08 % | 23.55 % | 23.53 % | 23.39 % | 23.69 % | 23.72 % | 23.74 % |
| Others | 0.43 % | 0.45 % | 0.43 % | 0.47 % | 0.72 % | 0.71 % | 0.91 % | 1.16 % | 1.37 % | 1.51 % | 2.04 % | 2.27 % | 1.79 % | 1.82 % | 1.73 % | 1.43 % | 1.47 % | 1.45 % |
| No of Share Holders | 1,485 | 1,619 | 1,736 | 1,769 | 1,899 | 2,026 | 2,367 | 2,528 | 2,484 | 2,417 | 2,758 | 3,152 | 3,950 | 4,128 | 4,273 | 4,402 | 4,457 | 4,419 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 19 Dec 2023 |  Bonus | 2:1 | 19 Dec 2023 | 3,205.10 | 3,920.00 |
| 26 Sept 2024 |  Annual General Meeting | NA | 26 Sept 2024 | 1,005.60 | 969.45 |
| 13 Nov 2024 |  Quarterly Result Announcement | NA | 13 Nov 2024 | 922.60 | 929.50 |
| 13 Feb 2025 | Quarterly Result Announcement | NA | 13 Feb 2025 | 992.00 | 947.55 |
| 26 May 2025 | Quarterly Result Announcement | NA | 26 May 2025 | 764.15 | 781.40 |
| 13 Aug 2025 | Quarterly Result Announcement | NA | 13 Aug 2025 | 764.35 | 759.10 |
| 19 Sept 2025 | Annual General Meeting | NA | 19 Sept 2025 | 769.95 | 740.00 |
Announcements
Announcement under Regulation 30 (LODR)-Change in Management2 days ago
2 days agoClosure of Trading Window10 days ago
10 days agoIntimation Under Regulation 30 Regarding Re-Appointment Of Directors And Auditor Of The CompanySep 20, 2025
Sep 20, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 20, 2025
Sep 20, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 20, 2025
Sep 20, 2025Proceedings Of The 41St Annual General Meeting Of The Company For The Financial Year 2024-25 Held On Friday 19Th September 2025.
Sep 19, 2025
Sep 19, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 19, 2025
Sep 19, 2025Disclosures under Reg. 10(6) of SEBI (SAST) Regulations 2011Sep 17, 2025
Sep 17, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 17, 2025
Sep 17, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Sep 17, 2025
Sep 17, 2025Intimation Regarding Slump Sale Of The Gold Loan Business Undertaking By Paul Merchants Finance Private Limited A Material Wholly Owned Subsidiary Of Paul Merchants Limited To L&T Finance LimitedSep 11, 2025
Sep 11, 2025Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations 2011Sep 09, 2025
Sep 09, 2025Disclosure Under Reg 30 LODR - Declaration Of Dividend And Issuance Of Special Incentive By Material Wholly Owned SubsidiarySep 02, 2025
Sep 02, 2025Intimation Of Book Closure For The Purpose Of Annual General Meeting For The Financial Year Ended 2024-25
Aug 26, 2025
Aug 26, 2025Notice Of 41St Annual General Meeting And E-VotingAug 23, 2025
Aug 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 23, 2025
Aug 23, 2025 Notice Of 41St Annual General Meeting Of The CompanyAug 22, 2025
Aug 22, 2025Dispatch Of Notice Of 41St Annual General Meeting Of The Company To The ShareholdersAug 22, 2025
Aug 22, 2025Intimation Of Dispatch Of Letters To Shareholders Of The CompanyAug 22, 2025
Aug 22, 2025Notice Of 41St Annual General MeetingAug 22, 2025
Aug 22, 2025Announcement under Regulation 30 (LODR)-Credit RatingAug 22, 2025
Aug 22, 2025Reg. 34 (1) Annual Report.Aug 22, 2025
Aug 22, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 20, 2025
Aug 20, 2025INTIMATION OF ANNUAL GENERAL MEETING EVOTING AND BOOK CLOSURE FOR THE FINANCIAL YEAR 2024-25Aug 20, 2025
Aug 20, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 15, 2025
Aug 15, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 13, 2025
Aug 13, 2025Outcome Of Board Meeting Today I.E. 13.08.2025Aug 13, 2025
Aug 13, 2025Board Meeting Outcome for Outcome Of Board Meeting I.E. 13.08.2025Aug 13, 2025
Aug 13, 2025Board Meeting Intimation for Consideration Of The Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30.06.2025.Aug 02, 2025
Aug 02, 2025Premature Full Redemption Of Secured Unlisted Taxable Redeemable Non-Convertible Debentures By Material SubsidiaryJul 31, 2025
Jul 31, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 11, 2025
Jul 11, 2025Closure of Trading WindowJun 23, 2025
Jun 23, 2025Announcement under Regulation 30 (LODR)-Issue of SecuritiesJun 19, 2025
Jun 19, 2025 Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)-Launch Of New Financial Products By Material Subsidiary Paul Merchants Finance Private LimitedJun 16, 2025
Jun 16, 2025Completion Of Slump Sale Of The Gold Loan Business Undertaking By Paul Merchants Finance Private Limited A Material Wholly Owned Subsidiary Of Paul Merchants Limited To L&T Finance LimitedJun 09, 2025
Jun 09, 2025Announcement under Regulation 30 (LODR)-Credit RatingJun 04, 2025
Jun 04, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 28, 2025
May 28, 2025Announcement under Regulation 30 (LODR)-AcquisitionMay 26, 2025
May 26, 2025Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31.03.2025.May 26, 2025
May 26, 2025Integrated Filing (Financial)May 26, 2025
May 26, 2025Board Meeting Outcome for Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31.03.2025.May 26, 2025
May 26, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 23, 2025
May 23, 2025Board Meeting Intimation for Consideration Of The Audited Standalone And Consolidated Financial Results For The Year Ended 31.03.2025.May 17, 2025
May 17, 2025Announcement under Regulation 30 (LODR)-Credit RatingApr 22, 2025
Apr 22, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 16, 2025
Apr 16, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 15, 2025
Apr 15, 2025Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_OrderApr 04, 2025
Apr 04, 2025Board Meeting Outcome for Enhancing Corporate Guarantee Limit And Commencement Of New Line Of BusinessMar 28, 2025
Mar 28, 2025Outcome Of The Board Meeting 28.03.2025Mar 28, 2025
Mar 28, 2025Technical Indicators
RSI(14)
Neutral 24.49
ATR(14)
Less Volatile 24.13
STOCH(9,6)
Oversold 9.07
STOCH RSI(14)
Oversold 16.56
MACD(12,26)
Bearish -5.85
ADX(14)
Strong Trend 34.39
UO(9)
Bullish 26.02
ROC(12)
Downtrend And Accelerating -8.85
WillR(14)
Oversold -93.97
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