SOBME
Sobhagya Mercantile financials
- Market cap
- ₹873 Cr
Quarterly results
Q1 FY27: revenue down 20.9%, net profit down 27.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 45 | 57 | 52 | 51 +86% | 47 +5% | 82 +44% | 41 −21% |
| EBITDA | 3 | 6 | 8 | 8 | 7 +155% | 9 +44% | 9 +8% | 6 −24% |
| Net profit | 2 | 4 | 8 | 6 | 5 +123% | 6 +66% | 6 −25% | 4 −27% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +53.0% 1Y
1Y: ₹920.6 on 10 Sept 2025 → ₹1,408.4. High ₹1,530 (7 Sept 2026), low ₹700.3 (9 Mar 2026).
Financials, as filed
Revenue grew 39.1% a year over 2 years, FY24 to FY26. Operating margin narrowed to 14.1%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹120 Cr | ₹156 Cr | ₹233 Cr |
| Operating profit | ₹18 Cr | ₹21 Cr | ₹33 Cr |
| Operating margin | 15.0% | 13.2% | 14.1% |
| Interest | ₹2 Cr | ₹1 Cr | ₹2 Cr |
| Depreciation | ₹1 Cr | ₹1 Cr | ₹0 Cr |
| Net profit | ₹12 Cr | ₹16 Cr | ₹22 Cr |
| Net margin | 9.6% | 10.0% | 9.5% |
| Cash from operations | ₹4 Cr | ₹-17 Cr | ₹2 Cr |
| Free cash flow | ₹4 Cr | ₹-17 Cr | ₹1 Cr |
| ROCE | 34.0% | 34.0% | 23.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹8 Cr | ₹10 Cr |
| Reserves | ₹14 Cr | ₹25 Cr | ₹35 Cr | ₹47 Cr | ₹82 Cr | ₹183 Cr |
| Borrowings | ₹7 Cr | ₹2 Cr | ₹7 Cr | ₹14 Cr | ₹7 Cr | ₹22 Cr |
| Other liabilities | ₹14 Cr | ₹25 Cr | ₹45 Cr | ₹26 Cr | ₹111 Cr | ₹135 Cr |
| Total liabilities | ₹35 Cr | ₹52 Cr | ₹88 Cr | ₹87 Cr | ₹208 Cr | ₹350 Cr |
| Fixed assets | ₹2 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹13 Cr | ₹5 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹79 Cr |
| Other assets | ₹21 Cr | ₹46 Cr | ₹85 Cr | ₹84 Cr | ₹206 Cr | ₹269 Cr |
| Total assets | ₹35 Cr | ₹52 Cr | ₹88 Cr | ₹87 Cr | ₹208 Cr | ₹350 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jul 2026
Since Jun 2025, FIIs added +19.22 pp while promoters trimmed −14.42 pp. The shareholder count grew 3% to 1,342.
- Promoters
- 60.6%
- FIIs
- 19.2%
- Public
- 20.2%
Since Jun 2025
- FIIs +19.22 pp
- Promoters −14.42 pp
- Public −4.81 pp
How it drifted, 12 quarters
Over this window the public fell from 65.5% to 20.2% — −45.3 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 34.5%, Public 65.5%.Mar '24: Promoters 34.5%, Public 65.5%.Jun '24: Promoters 75.0%, Public 25.0%.Sep '24: Promoters 75.0%, Public 25.0%.Dec '24: Promoters 75.0%, Public 25.0%.Mar '25: Promoters 75.0%, Public 25.0%.Jun '25: Promoters 75.0%, Public 25.0%.Sep '25: Promoters 75.0%, Public 25.0%.Dec '25: Promoters 75.0%, Public 25.0%.Mar '26: Promoters 64.6%, FIIs 13.8%, Public 21.5%.Jun '26: Promoters 64.6%, FIIs 13.8%, Public 21.6%.Jul '26: Promoters 60.6%, FIIs 19.2%, Public 20.2%.
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Nova Global Opportunities Fund Pcc - Touchstone FPI fund newly disclosed 6.26% held
The same filing shows 12 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jul 2026 filing
Every holder of Sobhagya Mercantile Ltd. above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| Shrikant Bhangdiya | 18.29% | −1.22 pp |
| Sonal Kirtikumar Bhangdiya | 10.57% | −0.71 pp |
| Aarti Shrikant Bhangdiya | 10.57% | −0.71 pp |
| Megha Mitesh Bhangdiya | 10.57% | −0.71 pp |
| Manisha Omprakash Maniyar | 10.57% | −0.71 pp |
| Legends Global Opportunities (Singapore) Pte. Ltd. FPI fund | 6.26% | −0.41 pp |
| Nova Global Opportunities Fund Pcc - Touchstone FPI fund | 6.26% | newly disclosed |
| Venus Investments Vcc - Venus Stellar Fund FPI fund | 3.83% | −0.25 pp |
| Dovetail India Fund - Class 22 FPI fund | 2.88% | −0.20 pp |
| Saboo Rajesh Anandram | 1.67% | −0.11 pp |
| Sushil Shankarlal Kothari | 1.67% | −0.11 pp |
| Jaya Saboo | 1.60% | −0.11 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Sobhagya Mercantile Ltd.
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