As of 6 Nov 2026, Trio Mercantile & Trading is loss-making on a trailing 12-month basis, with a net loss of ₹0.07 Cr, so it has no P/E ratio. The share price is ₹2.60, 18% below its 52-week high. Sales fell 8.9% a year over 3 years. It carries very little debt. It is a small-cap company with a market cap of ₹18 Cr, ranked 162nd of 219 Capital Markets companies by market cap; the shares rose 242% over the past year.
- ₹2.52
- ₹2.67
- ₹2.52
- ₹2.63
- 13K
Health check
- ReturnsAhead
+241.6% over a year, better than 7 of 7 peers.
- Price tagLoss-making
Earnings were negative over the last 12 months.
- GrowthShrinking
Sales −8.9% a year over 3 years.
- ProfitabilityWeak
ROCE 0.1% vs peer median 22.1%.
- Balance sheetStretched
Debt 0.06× equity, interest covered 0.7×, Piotroski 5 of 9.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹18 Cr
- Small cap
- P/E
- n/a
- Industry 18.4
- Price to book
- 0.76
- Peers 4.53
- Dividend yield
- 0.00%
- ROE
- −0.2%
- Peers 18.9%
- ROCE
- 0.1%
- Peers 22.1%
- Debt to equity
- 0.06
- Debt ₹1.50 Cr
- EPS (TTM)
- −₹0.01
- OPM (TTM)
- −24.8%
- Net margin −2.1%
- Sales growth
- +102.8%
- Latest quarter vs a year ago
- Profit growth
- −19.1%
- Latest quarter vs a year ago
- Price to sales
- 5.54
- EV/EBITDA −26.6
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly sales up 102.8% on a year ago.
Risks to check
- Loss-making over the last twelve months.
- Return on equity is low at −0.2%.
- Quarterly profit down 19.1% on a year ago.
- Interest coverage of only −8.0×.
About Trio Mercantile & Trading
Trio Mercantile & Trading Limited engages in trading activities in India. It is also involved in investment activities; services and consultancy business; and finance and brokerage business. The company was incorporated in 2002 and is based in Mumbai, India.
- Headquarters
- Mumbai
- Employees
- 4
- Sector
- Financial Services
- ISIN
- INE234G01022
- Website
- triomercantile.com
Price range
- Avg volume (3M)
- 1.5 L
- 1-year return
- plus 241.6%
- From 52-week high
- minus 18.2%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 70.5% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.55% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.98% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 48.8% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 36.0% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| TRIOMERCTrio Mercantile & Trading | 2.60 | minus 1.14% | 18 | – | 0.76 | 0.1% | −0.2% | −24.8% | −8.9% | – | 0.00% | plus 241.6% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 48.8% | 28.2% | 22.2% | 0.55% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.4 | 0.4 | 0.6 | 1.3 | 0.8 | |
| 0.5 | 0.7 | 0.9 | 1.4 | 1 | |
| −0.1 | −0.2 | −0.3 | −0.1 | −0.2 | |
| −17.5% | −54.8% | −42.8% | −8.4% | −20.2% | |
| 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| 0 | 0 | 0 | 0 | 0 | |
| – | – | −0.1 | – | – | |
| 0.1 | −0.1 | −0.2 | 0.1 | 0.1 | |
| 25.9% | 42.7% | – | 32.4% | – | |
| 0.1 | −0 | −0.2 | 0.1 | 0.1 | |
| 0.01 | -0.01 | -0.03 | 0.01 | 0.01 |
Profit & loss
- Sales CAGR 3Y
- −8.9%
- ROE
- −0.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.6 | 2.5 | 1.7 | 2.8 | |
| – | minus 32.4% | minus 33.1% | +66.8% | |
| 4 | 2.9 | 1.9 | 3.1 | |
| −0.3 | −0.4 | −0.3 | −0.3 | |
| −8.3% | −15.7% | −18.0% | −12.0% | |
| 0.9 | 0.8 | 0.7 | 0.8 | |
| 0 | 0 | 0 | 0 | |
| – | 0 | 0 | −0 | |
| −0.7 | −0.6 | −0.5 | −0.4 | |
| −0.1 | −0.2 | −0.1 | −0 | |
| −0.7% | −0.3% | −1.2% | −290.0% | |
| −0.1 | −0.2 | −0.1 | −0.1 | |
| -0.01 | -0.03 | -0.01 | -0.01 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.6 | 13.6 | 13.6 | 13.6 | |
| 10.6 | 10.4 | 10.3 | 10.2 | |
| 0.2 | 0.5 | 0.1 | 1.5 | |
| 3.1 | 2.8 | 3.6 | 3.9 | |
| 27.5 | 27.3 | 27.6 | 29.3 | |
| 0 | 0 | 0 | 0 | |
| 0.3 | 0.1 | 0.4 | 0.2 | |
| 27.2 | 27.2 | 27.2 | 29 | |
| 27.5 | 27.3 | 27.6 | 29.3 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −1.9 | −1.3 | 0.7 | −3.7 | |
| 1.8 | 0.9 | 0.1 | 2.1 | |
| 0.2 | 0.3 | −0.5 | 1.3 | |
| 0.1 | −0.1 | 0.3 | −0.2 | |
| – | −0 | −0 | – | |
| −1.9 | −1.4 | 0.7 | −3.7 |
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.