SONALBSESonal Mercantile LtdHighNeutral
Announced Fri, 29 May · 21:20 IST

Submission of Audited Stanalone and Consolidated Financial results for the quarter and year ended 31.03.2026 and other businesses.

Debt Equity ThresholdResults View source PDF

SONAL · price

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AI summary

Sonal Mercantile Ltd, an NBFC registered under RBI Act 1934, has reported audited results for the year ended March 31, 2026. Standalone revenue from operations grew 15.5% to Rs 4,075.75 lakhs from Rs 3,529.37 lakhs, while standalone PAT increased 10.2% to Rs 1,146.81 lakhs from Rs 1,040.68 lakhs. The company has an associate Rudraveerya Developers Limited. Consolidated total comprehensive income for FY26 stood at Rs 2,754.09 lakhs. The auditors Ajay Rattan & Co. issued an unmodified (clean) opinion on both standalone and consolidated financials. Operating cash flow remained positive at Rs 1,710.32 lakhs. The standalone debt-equity ratio stood at 4.14, indicating relatively high leverage.

Likely market impact

The company shows steady but modest growth in revenue and profitability with clean audit opinions and positive operating cash flow. However, the 15.5% revenue growth and 10.2% PAT growth fall short of high-growth thresholds, and the high debt-equity ratio of 4.14 warrants monitoring.