SONAL
Sonal Mercantile financials
- Market cap
- ₹127 Cr
- Sector
- Financial Services
Quarterly results
Q1 FY27: revenue down 44.3%, net profit down 60.3% 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 | 9 | 8 | 9 | 9 | 10 +8% | 8 +0% | 13 +56% | 5 −44% |
| Net profit | 3 | 2 | 3 | 2 | 2 −13% | 1 −44% | 6 +104% | 1 −60% |
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 −20.7% 1Y
1Y: ₹104.7 on 2 Sept 2025 → ₹83. High ₹138.59 (19 Dec 2025), low ₹80.61 (14 Nov 2025).
Financials, as filed
Revenue grew 1.8% a year over 2 years, FY24 to FY26.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹39 Cr | ₹35 Cr | ₹41 Cr |
| Interest | ₹23 Cr | ₹21 Cr | ₹24 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹12 Cr | ₹10 Cr | ₹11 Cr |
| Net margin | 29.8% | 29.5% | 28.1% |
| Cash from operations | ₹0 Cr | ₹1 Cr | ₹17 Cr |
| Free cash flow | ₹0 Cr | ₹1 Cr | ₹17 Cr |
| ROE | 24.0% | 17.0% | 17.0% |
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 | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹15 Cr | ₹21 Cr | ₹29 Cr | ₹40 Cr | ₹363 Cr | ₹56 Cr |
| Borrowings | ₹138 Cr | ₹159 Cr | ₹304 Cr | ₹291 Cr | — | ₹295 Cr |
| Other liabilities | ₹26 Cr | ₹17 Cr | ₹15 Cr | ₹16 Cr | ₹13 Cr | ₹17 Cr |
| Total liabilities | ₹193 Cr | ₹211 Cr | ₹362 Cr | ₹362 Cr | ₹685 Cr | ₹382 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹6 Cr | ₹6 Cr | ₹5 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹8 Cr | ₹8 Cr | ₹6 Cr | ₹0 Cr | ₹311 Cr | ₹12 Cr |
| Other assets | ₹185 Cr | ₹203 Cr | ₹355 Cr | ₹355 Cr | ₹367 Cr | ₹365 Cr |
| Total assets | ₹193 Cr | ₹211 Cr | ₹362 Cr | ₹362 Cr | ₹685 Cr | ₹382 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 Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 14% to 1,782.
- Promoters
- 24.9%
- Public
- 75.1%
Since Jun 2025
- Public −0.02 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 24.9%, Public 75.1%.Dec '23: Promoters 24.9%, Public 75.1%.Mar '24: Promoters 24.9%, Public 75.1%.Jun '24: Promoters 24.9%, Public 75.1%.Sep '24: Promoters 24.9%, Public 75.1%.Dec '24: Promoters 24.9%, Public 75.1%.Mar '25: Promoters 24.9%, Public 75.1%.Jun '25: Promoters 24.9%, Public 75.1%.Sep '25: Promoters 24.9%, Public 75.1%.Dec '25: Promoters 24.9%, Public 75.1%.Mar '26: Promoters 24.9%, Public 75.1%.Jun '26: Promoters 24.9%, Public 75.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Orion Infradevelopers Llp +0.29 pp 10.12% held
- Orion Propmart Llp +0.17 pp 12.95% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sonal Mercantile Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ram Gopal Goyal & Sons Llp | 24.92% | unchanged |
| Rudraveerya Developers Limited | 24.74% | unchanged |
| Orion Propmart Llp | 12.95% | +0.17 pp |
| Orion Infradevelopers Llp | 10.12% | +0.29 pp |
| Naresh Poddar | 4.85% | unchanged |
| Manju Singla | 3.04% | unchanged |
| Nisha Agarwal | 2.82% | unchanged |
| Ashok Hissaria | 2.13% | unchanged |
| Lila Dhar Goyal | 1.91% | unchanged |
| Sonam Poddar Hissaria | 1.18% | unchanged |
| Vikram Goyal | 0.00% | unchanged |
| Rajan Goyal | 0.00% | unchanged |
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 Sonal Mercantile Limited
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