Rose Merc wins Global Rising Star 2026 award in London

1 min read     Updated on 09 Jun 2026, 07:58 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Rose Merc Limited was honored as the 'Global Rising Star 2026' at the Global Brand & Leadership Conclave in London. The award recognizes the company's diversified business model spanning sports, media, and finance. Key growth drivers include the Navi Mumbai Premier League and strategic partnerships in fintech and sustainability.

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Rose Merc Limited has been recognized as the “Global Rising Star 2026” at the Global Brand & Leadership Conclave 2026, held at the House of Lords, British Parliament in London. The award, conferred via jury selection, acknowledges the company's growth, innovation, leadership, and commitment to long-term value creation across its diversified business segments. This recognition places the BSE-listed enterprise on an international platform, celebrating its evolution from a diversified Indian entity to an organization with a growing global footprint.

Strategic Diversification Drives Growth

Rose Merc Limited operates across sports, media, events, financial services, and consumer businesses. The company focuses on building long-term value through a multi-sector growth strategy. Its portfolio includes interests in event management, retail trade, broadcasting, sports management, consumer products, and financial consulting. This diversified ecosystem allows the company to adapt to evolving market fundamentals and sustain growth.

Sports and Community Engagement

A significant component of Rose Merc Limited’s operations is its involvement in sports management. The company is associated with the Navi Mumbai Premier League (NMPL), a professional T20 cricket league. The league provides a platform for young cricketers to showcase their talent, with many advancing to the IPL, WPL, Ranji Trophy, and national teams. Rose Merc Limited manages league-level sponsorship, talent, and community engagement for the initiative.

Navi Mumbai Premier League Metrics Season 2 Performance
Cumulative Reach 23.2M+
Registered Players 23,224
Teams 8 franchises
Players Showcased 160+

Management Commentary

Mr. Purvesh Krishna Shelatkar, Executive Director of Rose Merc Limited, stated that the recognition reflects the collective efforts of the team, partners, and stakeholders. He emphasized that the award strengthens the company’s resolve to build a globally relevant, diversified organization rooted in performance, innovation, and long-term value creation. The management views this accolade as a milestone in its journey toward expanding its presence across multiple sectors.

Innovation and Partnerships

The company has forged strategic collaborations in finance, technology, and sustainability. Through partnerships with fintech innovators like Virtual Cash Technologies, Rose Merc Limited supports the development of secure payment solutions. Additionally, its ESG LABS venture promotes responsible business practices and climate-conscious investment models. The company also holds stakes in prestigious events like the IIFA Awards, facilitating global fashion and event management collaborations.

Historical Stock Returns for Rose Merc

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%-3.00%+0.02%-0.03%+26.37%+1,646.77%

How will Rose Merc Limited leverage the 'Global Rising Star 2026' recognition to accelerate its international expansion plans?

What specific revenue targets has the company set following the 23.2M+ reach achieved in the NMPL Season 2?

Are there plans to replicate the NMPL sports management model in other regions or sports categories?

Rose Merc Ltd turns profitable with ₹56.8 crore PAT in FY26

1 min read     Updated on 02 Jun 2026, 03:34 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Rose Merc Ltd returned to profitability in FY26 with a net profit of ₹56.8 crore, compared to a net loss of ₹5.6 crore in FY25. Revenue from operations rose 12.3% to ₹888.4 crore, while total equity increased to ₹444.3 crore. Strategic developments included a proposed 30% stake acquisition in Virtual Gain Technologies Pvt. Ltd., brand ambassadorships with cricketers Riyan Parag and Dhruv Jurel, and the acquisition of a property in Lonavala.

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Rose Merc Ltd returned to profitability in FY26, reporting a consolidated net profit of ₹56.8 crore compared to a net loss of ₹5.6 crore in the previous year. The company’s revenue from operations increased 12.3% to ₹888.4 crore from ₹790.9 crore in FY25. This financial recovery was supported by strategic initiatives across its diversified portfolio, which includes sports, events, fintech, and financial services. The company submitted a revised investor presentation as of June 2026, detailing these financial results and its strategic roadmap.

Financial Performance

The turnaround in profitability was accompanied by growth in key operational metrics. Total income for FY26 stood at ₹888.4 crore, up from ₹790.9 crore in the prior year. The company’s profit before tax for the year was recorded at ₹121.6 crore, a significant improvement from the ₹166.9 crore loss before tax reported in FY25. Earnings per share (EPS) for the year improved to ₹9.54 from a negative ₹1.16 in the previous year.

Consolidated Financials FY26

Metric FY26 (₹ crore) FY25 (₹ crore)
Revenue from Operations 888.4 790.9
Total Income 888.4 790.9
Profit Before Tax 121.6 -166.9
Net Profit 56.8 -5.6
Earnings Per Share 9.54 -1.16

Balance Sheet and Assets

Rose Merc Ltd strengthened its balance sheet during the year, with total equity reaching ₹444.3 crore as of March 31, 2026, compared to ₹278.9 crore in the previous year. In a strategic move to expand its asset portfolio, the company acquired a bungalow property in Lonavala, Maharashtra, in April 2026. The property, valued at approximately ₹1.4 crore, is proposed to be utilized by Vastavya RoseMerc Ltd, an associate company, for facility management and hospitality-related business activities.

Strategic Developments

The company continued to execute its multi-segment growth strategy through various partnerships and investments. Rose Merc Ltd announced a strategic investment in Virtual Gain Technologies Pvt. Ltd., acquiring a proposed 30% equity stake to expand its presence in the fintech and digital commerce sectors. Additionally, the company expanded its sports ecosystem by signing Indian cricketers Riyan Parag and Dhruv Jurel as brand ambassadors and securing principal sponsorships for teams in the T20 Mumbai League and Baroda Premier League.

Historical Stock Returns for Rose Merc

1 Day5 Days1 Month6 Months1 Year5 Years
-0.47%-3.00%+0.02%-0.03%+26.37%+1,646.77%

What are the primary drivers behind Rose Merc Ltd's shift from a loss to a profit, and are these gains sustainable?

How will the strategic investment in Virtual Gain Technologies contribute to the company's fintech and digital commerce growth?

What impact will the acquisition of the Lonavala property have on Vastavya RoseMerc Ltd's hospitality business?

More News on Rose Merc

1 Year Returns:+26.37%