Chandrima Mercantiles limited

Trades in agricultural commodities, purchasing stock-in-trade for resale. For FY26, total income reached Rs. 7,778.92 lakhs with a net profit after tax of Rs. 598.86 lakhs. Stock-in-trade purchases of Rs. 4,892.55 lakhs were recorded in the nine months to December 2025, reflecting most of the trading activity. The company also purchased diamonds and gold outside its regular agriculture commodities business in FY26, held entirely as closing inventory. Revenue is concentrated in a few quarters — nine-month FY26 saw stock-in-trade turnover, while standalone Q3 FY26 (Oct–Dec 2025) revenue from operations was just Rs. 11.79 lakhs. A separate one-time recognition of other comprehensive income of Rs. 1,681.72 lakhs on equity instrument investments contributed to the nine-month net profit of Rs. 505.72 lakhs. Q4 FY26 returned to a net loss of Rs. 219.69 lakhs, even though the full year stayed profitable. The statutory auditor issued a qualified opinion for FY26, flagging unverifiable inventories of Rs. 2,500.10 lakhs, missing balance confirmations for receivables/payables/loans, and going-concern doubts as accumulated losses exceed paid-up capital.