As of 5 Nov 2026, Mathew Easow Research Securities trades at 76.6× trailing earnings, and the shares are 38% below their 52-week high. Net profit grew 22% a year over 3 years, with ROE of 0.6%. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 0.42× book value. It is a small-cap company with a market cap of ₹6.11 Cr; the shares fell 25% over the past year.
- ₹9.19
- ₹9.19
- ₹9.19
- ₹9.19
- 46
Health check
- ReturnsWeak
−25.4% over the past year.
- Price tagNo peers
P/B 0.42, with no peers to compare.
- GrowthStrong
Profit +22.4% a year over 3 years.
- ProfitabilityWeak
ROE 0.6%.
- Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
- Red flags2 to check
Return on equity is low at 0.6%.
Small cap
Defensive
Key metrics
- Market cap
- ₹6.11 Cr
- Small cap
- P/E
- 76.6
- Price to book
- 0.42
- Book value ₹22.11
- Dividend yield
- 0.00%
- ROE
- 0.6%
- Return on equity
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹0.12
- OPM (TTM)
- 4.0%
- Net margin 6.4%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- 0.0%
- Latest quarter vs a year ago
- Price to sales
- 4.81
Strengths and risks
Risks to check
- Return on equity is low at 0.6%.
- 38% below its 52-week high.
About Mathew Easow Research Securities
Mathew Easow Research Securities Limited, a non-banking financial company, engages in the investment and finance activities in India. The company assists corporate bodies through the syndication of loans from various bodies, including corporate/banks and financial institutions. The company was incorporated in 1994 and is based in Kolkata, India.
- Headquarters
- Kolkata
- Employees
- 4
- Sector
- Financial Services
- ISIN
- INE963B01019
- Website
- mersl.co.in
Price range
- Avg volume (3M)
- 92
- 1-year return
- minus 25.4%
- From 52-week high
- minus 37.9%
Peers
We couldn’t find listed peers for this company.
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.7 | 0.8 | 0.7 | 0.6 | 0.8 | |
| 0.7 | 0.8 | 0.7 | 0.5 | 0.8 | |
| 0 | 0 | 0 | 0 | 0 | |
| 4.8% | 4.3% | 2.2% | 5.2% | 4.4% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | |
| −25.6% | 25.4% | 30.6% | 21.6% | −25.6% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.03 | 0.04 | 0.01 | 0.04 | 0.03 |
Profit & loss
- Profit CAGR 3Y
- +22.4%
- EPS CAGR 3Y
- +19.7%
- ROE
- 0.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.3 | 14.5 | 2.6 | 2.8 | |
| – | +526.8% | minus 82.1% | +9.7% | |
| 2.2 | 14.3 | 2.2 | 2.5 | |
| 0.1 | 0.1 | 0.4 | 0.4 | |
| 6.4% | 0.9% | 13.6% | 13.2% | |
| 0.2 | 0.1 | 0.1 | 0 | |
| 0 | 0 | 0 | 0 | |
| −0.2 | −0.1 | −0.3 | −0.3 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 30.1% | 26.8% | 25.6% | 24.9% | |
| 0 | 0.1 | 0.1 | 0.1 | |
| – | +35.3% | +37.9% | minus 1.6% | |
| 0.07 | 0.09 | 0.12 | 0.12 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.7 | 6.7 | 6.7 | 6.7 | |
| 7.4 | 7.4 | 7.5 | 7.6 | |
| 32 | 23.3 | 22 | 21.8 | |
| 0 | 0.1 | 0.2 | 0.2 | |
| 46 | 37.5 | 36.3 | 36.3 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.3 | 0.1 | 0 | 0 | |
| 0.2 | 0 | 0.1 | 0 | |
| 45.4 | 37.2 | 36.2 | 36.2 | |
| 46 | 37.5 | 36.3 | 36.3 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.1 | 10.4 | 2.9 | 1.5 | |
| 0 | 0 | 0 | 0 | |
| −4 | −10.5 | −2.9 | −1.6 | |
| 0.1 | −0.1 | 0 | −0 | |
| 4.1 | 10.4 | 2.9 | 1.5 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.