Mercantile Ventures Limited reported a consolidated net profit of ₹690.06 lakh for the financial year ended March 31, 2026, a decrease from ₹1,731.62 lakh in the previous year. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026. The statutory auditor, M/s. Venkatesh & Co., issued an unmodified opinion on the standalone financial statements, while the consolidated audit included a qualification regarding investments in a subsidiary.

The standalone net profit for FY26 was ₹126.62 lakh, compared to ₹689.16 lakh in FY25. Total income from operations for the year stood at ₹4,293.24 lakh, up from ₹3,656.07 lakh in the prior year. For the quarter ended March 31, 2026, the standalone net profit was ₹140.07 lakh. Earnings per share (EPS) for the year was ₹0.12 on a standalone basis and ₹0.62 on a consolidated basis.

Consolidated Financial Performance

The consolidated results reflect the performance of the company and its subsidiaries, including I3 Security Private Limited, India Radiators Limited, and Walery Security Management Limited. Total consolidated income for FY26 was ₹9,634.77 lakh, compared to ₹8,505.52 lakh in FY25. Profit for the period before exceptional items and tax was ₹249.63 lakh, significantly lower than the ₹1,309.21 lakh reported in the previous year.

Audit Qualifications

The consolidated audit report included a qualification related to Walery Security Management Limited, a subsidiary. The subsidiary holds redeemable cumulative preference shares worth ₹22 crore in another company, for which dividends have been unpaid since FY 2019-20. The auditors noted an inability to assess the arm's length nature of the acquisition or the carrying value of these investments due to the absence of valuation reports. Management stated that the carrying value is appropriate and in compliance with Ind AS 109 and Ind AS 113.

Segment Performance

Segment-wise results showed that Manpower Services contributed the largest share of revenue at ₹3,514.07 lakh, followed by Security Services at ₹5,034.13 lakh and Rent and Maintenance at ₹785.49 lakh for FY26. The company's total assets as per the consolidated balance sheet stood at ₹30,601.27 lakh as of March 31, 2026, down from ₹39,058.90 lakh in the previous year.

Mercantile Ventures Limited has published a newspaper advertisement notice regarding the special window for re-lodgement of transfer requests of physical shares under SEBI Regulation 30. The notice was communicated to BSE Limited on 15th April 2026, following SEBI circular dated 30th January 2026.

Regulatory Communication to BSE

The company submitted the newspaper advertisement published in Financial Express (English Edition) and Makkal Kural (Tamil Edition) on 14th April 2026 to the Department of Corporate Services at BSE Limited. The communication was signed by E N Rangaswami, Whole-time Director (DIN: 06463753), ensuring compliance with regulatory requirements.

Special Window for Physical Share Transfers

Pursuant to SEBI circular dated 30th January 2026, Mercantile Ventures Limited has reopened a special window for one year, from 5th February 2026 to 4th February 2027. This facility allows re-lodgement of transfer requests for physical shares that were previously rejected, returned, or not processed due to document deficiencies.

Eligibility Matrix for Transfer Requests

The company has provided a detailed eligibility matrix for shareholders seeking to utilize this special window. Transfer deeds executed before 1st April 2019 with original security certificates available are eligible for fresh lodgement. Previously rejected or returned requests with available original certificates also qualify for re-submission.

Corporate Governance and Compliance

The digital signature was applied on 15th April 2026, demonstrating the company's commitment to timely regulatory compliance. All relevant details regarding the special window are available on the company's website at www.mercantileventures.co.in , ensuring transparency and accessibility for shareholders.

For queries regarding the transfer process, shareholders can contact the company's Registrar and Share Transfer Agent, Cameo Corporate Services Limited, at their Chennai office or reach the company directly through their designated communication channels.