TRIOMERC
Trio Mercantile & Trading financials
- Market cap
- ₹7 Cr
Quarterly results
Q1 FY27: revenue up 102.4%, net profit down 25.0% 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 | 1 | 0 | 0 | 0 | 0 −36% | 1 +43% | 1 +1487% | 1 +102% |
| EBITDA | -0 | -0 | -0 | -0 | -0 −200% | -0 +44% | -0 +27% | -0 −75% |
| Net profit | 0 | -0 | 0 | 0 | -0 −200% | -0 +18% | 0 +100% | 0 −25% |
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 +207.2% 1Y
1Y: ₹0.69 on 9 Sept 2025 → ₹2.12. High ₹3.18 (10 Aug 2026), low ₹0.62 (30 Jan 2026).
Financials, as filed
Revenue grew 5.9% a year over 2 years, FY24 to FY26. Operating margin widened to -24.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹2 Cr | ₹2 Cr | ₹3 Cr |
| Operating profit | ₹-1 Cr | ₹-1 Cr | ₹-1 Cr |
| Operating margin | -39.8% | -46.4% | -24.3% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹-0 Cr | ₹-0 Cr | ₹-0 Cr |
| Net margin | -8.5% | -4.8% | -2.2% |
| Cash from operations | ₹-1 Cr | ₹1 Cr | ₹-4 Cr |
| Free cash flow | ₹-1 Cr | ₹1 Cr | ₹-4 Cr |
| ROCE | -0.9% | -0.2% | 0.5% |
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 | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr | ₹14 Cr |
| Reserves | ₹11 Cr | ₹11 Cr | ₹11 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹2 Cr |
| Other liabilities | ₹4 Cr | ₹4 Cr | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹4 Cr |
| Total liabilities | ₹29 Cr | ₹28 Cr | ₹27 Cr | ₹27 Cr | ₹28 Cr | ₹29 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹29 Cr | ₹28 Cr | ₹27 Cr | ₹27 Cr | ₹28 Cr | ₹29 Cr |
| Total assets | ₹29 Cr | ₹28 Cr | ₹27 Cr | ₹27 Cr | ₹28 Cr | ₹29 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 2% to 12,068.
- Promoters
- 4.8%
- DIIs
- 0.0%
- Public
- 95.2%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
- DIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Dec '23: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Mar '24: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Jun '24: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Sep '24: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Dec '24: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Mar '25: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Jun '25: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Sep '25: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Dec '25: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Mar '26: Promoters 4.8%, DIIs 0.0%, Public 95.2%.Jun '26: Promoters 4.8%, DIIs 0.0%, Public 95.2%.
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.
- Radhika Kaushik Joshi newly disclosed 1.90% held
- Kaushik Jagannath Joshi newly disclosed 1.74% held
- Sudhanshu Kanda newly disclosed 1.68% held
- Amita Kaushik Joshi newly disclosed 1.41% held
- Krishna Kaushik Joshi newly disclosed 1.13% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Trio Mercantile & Trading Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Hiren Shantilal Kothari | 4.81% | unchanged |
| Reethik Nitin Jain . . | 4.74% | unchanged |
| Kuber Udyog Limited | 3.37% | unchanged |
| Radhika Kaushik Joshi | 1.90% | newly disclosed |
| Nutan Nitin Lodaya | 1.87% | unchanged |
| Urvi Kiran Joshi | 1.77% | unchanged |
| Kaushik Jagannath Joshi | 1.74% | newly disclosed |
| Sudhanshu Kanda | 1.68% | newly disclosed |
| Amita Kaushik Joshi | 1.41% | newly disclosed |
| Omkar Ashok Shinde | 1.25% | unchanged |
| Amisha Mitesh Dani | 1.19% | unchanged |
| Krishna Kaushik Joshi | 1.13% | newly disclosed |
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.
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