Paul Merchants logo

Paul Merchants share price

NSE: PMLBSE: 539113FinanceSmall Cap

Paul Merchants Limited · Face value ₹10 · Listed Apr 2015
Last close ₹450.25down ₹19.65 (4.18%)BSE ₹493.35

Share price at the NSE close on 28 Oct 2026. Previous close ₹469.90.

28 Oct: open ₹457.05, high ₹462.70, low ₹442.10

52-week range of BSE trades to 28 Oct 2026
₹356.60Low, 23 Oct 2026₹699.90High, 29 Oct 2025
Market cap
₹139 Cr2,529th largest listed
P/E
Lossover the last 12 months
P/B
0.15
Dividend yield
Nonein the last 12 months
ROE
−1.3%
ROE without one-offs
2.7%
ROCE
−1.4%
Debt to equity
0.01
Volume, NSE
6892.7% delivered

Paul Merchants share price chart

Daily closes since Apr 2015, BSE closes Apr 2015 to Apr 2026, adjusted for splits and bonuses

−28.3%over a year on BSE closes · Nifty 500 −8.8%

DividendThe returns and 20-session average are on BSE closes, where the record is longest.20-session average 122 shares a day

Results

Consolidated; ₹ crore.Paul Merchants quarterly results

Revenue growth, 12 months
−29.5%
Net profit growth, 12 months
−102.9%

Quarter to Jun 2026, against the quarter before

Revenue
₹481 Crdown 0.28%
Net profit
₹8.91 Crup 288.11%
Net margin
1.9%

Revenue by quarter

₹1,038 CrSep 24₹809 CrDec 24₹582 CrMar 25₹493 CrJun 25₹593 CrSep 25₹505 CrDec 25₹482 CrMar 26₹481 CrJun 26

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹16 CrSep 24₹18 CrDec 24₹17 CrMar 25₹287 CrJun 25−₹6.61 CrSep 25−₹14 CrDec 25₹2.29 CrMar 26₹8.91 CrJun 26
A loss in 2 of the 8 quarters shown

The quarters either side of a change of basis do not compare. From the quarter to Mar 2025, the company's revenue for the year to Mar 2025, ₹3,335 Cr, differs from its quarters added, ₹3,492 Cr; the company reports a discontinued business.

₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue1,038809582493593505482481
Net profit161817287−7−1429
Net margin1.6%2.2%–––––1.9%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share. Net margin is left blank for Mar 2025, Jun 2025, Sep 2025, Dec 2025 and Mar 2026: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Business segments

Share of revenue, year to Mar 2026, consolidated. That year's accounts report a discontinued business, which these segments may include.Segment revenue and profit

  • Forex₹2,050 Crdown 38.26%96.6%
  • Gold loan (Discontinued)₹49 Cr2.3%
  • Other Loan (other than Discontinued)₹17 Cr0.8%
  • Travel₹5 Cr0.3%
  • Others₹1 Cr0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Not shown, P/E: loss, last twelve months. Its history crosses a change of basis in the accounts in the year to Mar 2025: days before it are of the company before the change.Paul Merchants PE ratio and valuation

Price to book

At or below today's level on 0.3% of 1,964 trading days since Nov 2018.

LowestHighest
Its median0.34Industry median1.44
Dividend yield

At or below today's level on 90% of 2,461 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median1.42%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−43.9%+321.0%−86.7%0.0%
3 years+3.5%+82.8%−43.4%0.0%
5 years+2.3%+51.7%−32.5%0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Paul Merchants shareholding pattern

Shareholding by group

  • Promoters74.65%
  • Individuals and others25.35%
Holder
Rajneesh BansalPromoter28.62%
Sarita BansalPromoter18.04%
Sat Paul BansalPromoter18.04%
Paul Excursions LLPPromoter9.96%
VIKRAM GUPTAResident individuals, over ₹2 lakh at face value3.50%
VINOD KUMAR GARGResident individuals, over ₹2 lakh at face value2.38%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters unchanged.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Paul Merchants insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade · 2 off-market moves
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Paul Merchants competitors and peers

Other Financial Services, 111 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Paul Merchants in market cap. 1 company in the table last traded before then: its row is priced on its last trade.Finance companies

Paul Merchants is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
Alacrity Securities logoAlacrity SecuritiesALSL19119.622.08−18.4%–10.1%12.0%––0.24%
Kartik Investments Trust logoKartik Investments TrustKARTKIN16932.7620.10+25,200.4%–81.9%68.6%––0.00%
Beacon Trusteeship logoBeacon TrusteeshipBEACON15422.042.97+32.2%+28.5%14.5%–––0.00%
Delphi World Money logoDelphi World MoneyDELPHIFX142––––––––0.00%
Lexora Global logoLexora GlobalLEXGLOBAL138478.5013.61––2.8%3.3%––0.00%
Available Finance logoAvailable FinanceAVAILFC1340.910.10+5.7%+38.5%11.7%0.0%1.17%3.21%0.00%
Maha Rashtra Apex Corporation logoMaha Rashtra Apex CorporationMAHAPEXLTD134––+143.8%–−5.9%0.0%––0.00%
Reliable Data Services logoReliable Data ServicesRELIABLE130–1.82+37.2%––13.8%––0.04%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for NIM and ROA, where the company does not file a lender's accounts. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments.

Dividends

Per share, by the year it was paid for, and the latest payments.Paul Merchants dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 190.7Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Highest ₹0.67 a share, year to Mar 2020.
Ex-dateTypePer share
19 Aug 2019Interim₹2.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Paul Merchants announcements

Paul Merchants share price by year

Each calendar year to 2025.Paul Merchants share price history

YearClose at year endChangeHighest closeLowest close
2025BSE close612.35−35.1%1,081.35601.25
2024BSE close944.00−21.6%1,426.80766.65
2023BSE close1,204.15+187.5%1,358.05370.87
2022BSE close418.77−20.0%559.65325.78
2021BSE close523.33+18.9%699.50346.15
2020BSE close440.00+10.2%610.00209.12
2019BSE close399.17−66.1%1,178.60303.38
2018BSE close1,178.33−18.2%1,902.151,123.62
2017BSE close1,440.00+30.9%1,709.881,022.98
2016BSE close1,100.03−12.5%1,655.22686.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026449.50506.75447.00469.90456.3827795.7%
26 Oct 2026455.35455.35440.15440.75445.2712998.5%
23 Oct 2026447.00455.60418.05455.35442.4780193.1%
22 Oct 2026474.95474.95446.40446.90447.455096.0%
21 Oct 2026484.35484.35451.00469.85455.3845890.8%
19 Oct 2026478.95478.95456.35474.95469.2729091.7%
16 Oct 2026473.95488.85460.15478.95466.188076.3%
15 Oct 2026470.30478.95460.45464.70466.2515678.9%
14 Oct 2026478.05480.00463.45480.00473.30218100.0%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
19 Dec 2023Bonus0.3333Holders received 2 bonus shares for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
SAT PAUL BANSAL
At the end of the quarter to Sep 2026
Managing director
RAJNEESH BANSAL
At the end of the quarter to Sep 2026
NSE symbol
PML
BSE code
539113
ISIN
INE291E01019
Industry
Finance
CIN
L74900DL1984PLC018679
Corporate identity number, the registrar of companies' code for it
Incorporated
1984
Registered office
DSM 335, DSM 335, DSM 336 & DSM 337, DLF Tower, 3rd Floor, 15, Shivaji Marg, Najafgarh Road, New Delhi 110015, Delhi
Share registrar
Alankit Assignments Ltd
Keeps the register of shareholders and handles transfers and dividend payments