Trio Mercantile & Trading Limited

About

Trio Mercantile & Trading Limited engages in trading activities in India. It is also involved in investment activities; and provision of services and consultancy, and finance and brokerage services. The company was incorporated in 2002 and is based in Mumbai, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	0.85	1.27	0.63	0.44	0.42	0.08	0.44	0.69	0.45	0.55	0.01	0.96	0.94
Expenses	0.99	1.35	0.90	0.68	0.50	0.19	0.92	0.77	0.55	0.67	0.10	1.59	1.08
Operating Profit	-0.14	-0.08	-0.27	-0.24	-0.08	-0.11	-0.48	-0.08	-0.10	-0.12	-0.09	-0.63	-0.14
OPM %	-16.47	-6.30	-42.86	-54.55	-19.05	-137.50	-109.09	-11.59	-22.22	-21.82	-900.00	-65.62	-14.89
Other Income	0.23	0.23	0.09	0.18	0.18	0.15	0.26	0.15	0.16	0.05	0.24	0.25	0.23
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.03	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.06	0.12	-0.18	-0.06	0.10	0.04	-0.22	0.07	0.06	-0.07	0.15	-0.38	0.09
Tax %	0.00	33.33	0.00	-50.00	30.00	0.00	0.00	28.57	0.00	0.00	0.00	0.00	0.00
Net Profit	0.06	0.08	-0.18	-0.04	0.08	0.04	-0.22	0.04	0.06	-0.07	0.15	-0.38	0.09
EPS in Rs	0.01	0.01	-0.03	-0.01	0.01	0.01	-0.03	0.01	0.01	-0.01	0.02	-0.06	0.01

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	2.76	1.65	2.47	3.65	4.37	5.54	12.27	28.30	29.49	25.07	18.84	13.39
Expenses	3.41	2.41	3.46	4.70	5.71	6.97	13.06	29.14	29.56	25.67	19.62	13.28
Operating Profit	-0.65	-0.76	-0.99	-1.05	-1.34	-1.43	-0.79	-0.84	-0.07	-0.60	-0.78	0.11
OPM %	-23.55	-46.06	-40.08	-28.77	-30.66	-25.81	-6.44	-2.97	-0.24	-2.39	-4.14	0.82
Other Income	0.68	0.72	0.78	0.95	0.88	0.06	1.36	1.06	0.81	0.92	1.02	0.55
Interest	0.04	0.01	0.01	0.00	0.00	0.00	0.04	0.12	0.13	0.14	0.10	0.25
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.01	0.07	0.07	0.07
Profit before tax	-0.01	-0.05	-0.22	-0.10	-0.46	-1.37	0.52	0.09	0.60	0.11	0.07	0.34
Tax %	400.00	0.00	0.00	0.00	0.00	0.00	32.69	11.11	25.00	27.27	71.43	26.47
Net Profit	-0.05	-0.05	-0.22	-0.10	-0.46	-1.37	0.35	0.07	0.46	0.07	0.02	0.25
EPS in Rs	-0.01	-0.01	-0.03	-0.01	-0.07	-0.20	0.05	0.01	0.07	0.01	0.00	0.08
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	13.59	13.59	13.59	13.59	13.59	13.59	11.65	11.65	11.65	11.65	11.65	5.58
Reserves	10.22	10.27	10.39	10.61	10.71	11.15	14.46	14.21	14.20	13.75	13.68	9.20
Borrowings	1.50	0.12	0.55	0.20	0.00	0.00	0.00	0.94	3.13	3.94	3.21	0.75
Other Liabilities	3.94	3.64	2.80	3.06	3.82	4.36	0.98	3.98	2.72	2.38	4.20	1.64
Total Liabilities	29.25	27.62	27.33	27.46	28.12	29.10	27.09	30.78	31.70	31.72	32.74	17.17
Fixed Assets	0.02	0.02	0.01	0.00	0.00	0.00	0.00	0.01	0.02	0.03	0.12	0.20
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	1.00	1.00	0.00	0.00	0.00	0.00
Other Assets	29.23	27.60	27.32	27.46	28.12	29.10	26.09	29.77	31.68	31.69	32.62	16.97
Total Assets	29.25	27.62	27.33	27.46	28.12	29.10	27.09	30.78	31.70	31.72	32.74	17.17

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-3.68	0.67	-1.35	-1.88	-2.01	2.01	-3.46	6.98	-0.47	1.48	1.53	2.41
Cash from Investing Activity	2.12	0.11	0.87	1.75	2.00	-2.12	4.09	-4.75	1.44	-1.42	-12.10	0.55
Cash from Financing Activity	1.35	-0.50	0.33	0.20	0.00	0.00	-0.98	-2.29	-0.93	0.33	10.58	-3.26
Net Cash Flow	-0.21	0.28	-0.14	0.07	0.00	-0.11	-0.36	-0.07	0.04	0.40	0.01	-0.30
Free Cash Flow	-3.68	0.66	-1.36	-1.88	-2.01	2.01	-3.46	6.98	-0.47	1.50	1.53	2.41
CFO/OP %	566.00	-88.00	136.00	179.00	151.00	-141.00	413.00	-843.00	457.00	-255.00	-205.00	2,300.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	0.00	0.00	0.00	0.00	0.00	0.00	0.59	0.39	79.71	28.10	76.53	62.70
Inventory Days	33.80	60.45	31.94	19.26	17.02	9.66	6.73	9.20	8.40	16.33	41.27	5.13
Days Payable	64.89	0.00	0.00	99.36	181.22	114.54	6.15	50.34	33.87	0.00	24.22	24.24
Cash Conversion Cycle	-31.09	60.45	31.94	-80.10	-164.21	-104.88	1.18	-40.75	54.25	44.43	93.57	43.59
Working Capital Days	774.96	659.21	505.38	308.00	215.49	434.84	251.66	131.68	177.49	13.54	50.95	46.61
ROCE %	0.53	-0.16	-0.86	-0.41	-1.88	-1.46	2.19	0.86	2.57	0.76	0.77	3.55

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	4.81	4.81	4.81	4.81	4.81	4.81	4.81	4.81	4.81	4.81	4.81	4.81
DIIs	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Public	95.17	95.16	95.17	95.16	95.16	95.17	95.17	95.17	95.16	95.16	95.17	95.16
No. of Shareholders	12,068	12,393	12,553	12,565	12,253	11,802	11,802	11,320	11,272	11,655	11,681	11,022