Paul Merchants FY26 profit rises on gold loan business sale
Paul Merchants Limited reported a consolidated net profit of ₹26,874.18 lakh for the financial year ended March 31, 2026, driven by the profit from the sale of its discontinued gold loan business. The board approved the audited standalone and consolidated financial results on May 27, 2026, following a review by the Audit Committee. The statutory auditors issued an unmodified opinion on the results.

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Paul Merchants Limited reported a consolidated net profit of ₹26,874.18 lakh for the financial year ended March 31, 2026, a significant turnaround driven by the profit from the sale of its discontinued gold loan business. The company's board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, in a meeting held on May 27, 2026. The results were reviewed by the Audit Committee on May 26, 2026, and subsequently published in newspapers on May 29, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The consolidated results include the financial performance of subsidiaries such as Paul Merchants Finance Private Limited, Paul Merchants Realtors Private Limited, and Paul Infotech Private Limited. A key development during the year was the conclusion of the slump sale of the gold loan business undertaking of Paul Merchants Finance Private Limited to L&T Finance Limited. This transaction was fully settled during the quarter under review, with the company receiving ₹13.61 crore during the quarter and the balance of ₹14.53 lakh on April 7, 2026.
For the full year, the company reported a consolidated total revenue of ₹211,444.99 lakh, while total expenses stood at ₹209,567.70 lakh. The profit from discontinued operations for the year was recorded at ₹25,968.70 lakh, which significantly bolstered the bottom line. On a standalone basis, the company posted a net profit of ₹1,319.14 lakh for the year, with total revenue of ₹208,693.83 lakh.
Financial Performance
The following table outlines the key financial metrics for the standalone entity for the quarter and year ended March 31, 2026:
| Particulars | Three Months Ended 31.03.2026 (₹ in Lakhs) | Year to Date 31.03.2026 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 47,201.99 | 205,590.99 |
| Total Revenue | 47,629.73 | 208,693.83 |
| Total Expenses | 47,584.89 | 206,932.90 |
| Profit Before Tax | 44.83 | 1,755.94 |
| Net Profit | 29.55 | 1,319.14 |
Auditor's Opinion
M/s Rajiv Goel & Associates, Chartered Accountants, the statutory auditors of the company, issued an audit report with an unmodified opinion on both the standalone and consolidated financial results. The auditors confirmed that the results give a true and fair view in conformity with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS).
Historical Stock Returns for Paul Merchants
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.05% | +0.80% | -9.68% | -15.49% | -15.49% | -15.49% |
How does Paul Merchants Limited plan to sustain profitability in the coming fiscal year following the one-time gain from the gold loan divestment?
What strategic shifts or new business lines will the company pursue to replace the revenue stream from the discontinued gold loan operations?
How will the company utilize the capital raised from the slump sale to L&T Finance Limited to drive future growth?


































