29 Sept 2026, 3:28 pmCompany Update
Announcement under Regulation 30 (LODR)-Cessation
Cessation PDF
Mercury Trade Links Ltd operates in Diversified Commercial Services within the Industrials sector.
611 historical price candles were omitted because the exchange source has not been verified.
Structured signal from quality, growth, valuation and momentum.
₹ crore, by fiscal year
% of revenue, by fiscal year
Comparable companies from the narrowest available industry classification.
Reported profit and loss, balance sheet, cash flow and growth history.
Annual operating, return, leverage and working-capital ratios.
Current futures and options contracts with compact option-chain pages.
Mutual-fund schemes that disclosed a holding in the company.
Annual reports, exchange filings, offer documents, ratings and earnings-call material.
Upcoming dates and the company’s corporate-action history.
Latest exchange announcements, filings and downloadable documents.
Standalone figures
| Ratio | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | 0% | -105.3% | 26.6% | — | 64.6% | 13.9% | 2.4% | 0.5% |
| EBITDA margin % | -366.7% | -168.4% | 9.4% | — | 4.2% | 10.3% | 1.7% | 0.3% |
| EBIT margin % | -366.7% | -168.4% | 9.4% | — | 2.1% | 10.1% | 1.7% | 0.3% |
| PAT margin % | -200% | -157.9% | 10.9% | — | 2.1% | 8.2% | 1.5% | 0% |
| Working capital | ||||||||
| Receivable days | 0 | 0 | 0 | — | 144 | 238 | 195 | 82 |
| Inventory days | 7,422 | 365 | 0 | — | 0 | 0 | 108 | 88 |
| Payable days | 122 | 19 | 8 | — | 601 | 243 | 0 | 88 |
| NWC days | 7,300 | 346 | -8 | — | -457 | -5 | 303 | 82 |
| Leverage | ||||||||
| Current ratio | 73 | 15 | 51 | 41 | 2.11 | 2.34 | 2.99 | 1.53 |
| Debt to EBITDA | — | — | 0 | — | 0 | 0 | 15.9 | 18.77 |
| Debt to equity | 0 | 0 | 0 | 0 | 0 | 0 | 0.49 | 0.12 |
| Interest coverage | — | — | — | — | — | — | — | 1.1 |
| Asset turnover | 0.04 | 0.41 | 1.23 | 0 | 0.69 | 0.7 | 1.21 | 1.28 |
| Return ratios | ||||||||
| Return on assets % | -8% | -65.2% | 13.5% | -24.4% | 1.4% | 5.8% | 1.8% | 0% |
| Return on capital employed % | -9.5% | -51.3% | 14.9% | -17.6% | 2.4% | 23.6% | 5.9% | 0.6% |
| Return on equity % | -8.1% | -69.8% | 14% | -24.4% | 2.4% | 10% | 2.7% | 0% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.
Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.
No scheme among the 32 fund houses on record reported a position in Mercury Trade Links Ltd. Portfolios are published monthly by each AMC; coverage is still partial.
Documents link to external sources (exchange filings, company investor pages).
| Company | Mkt Cap | EV | Revenue | EBITDA | OPM | PAT | NPM | ROCE | ROE | WC Days |
|---|---|---|---|---|---|---|---|---|---|---|
| International Gemological Institute LimitedIGILIGIL | ₹13,482 Cr | ₹13,482 Cr | ₹1,363 Cr | ₹827 Cr | 60.9% | ₹610 Cr | 44.5% | 61.1% | 49.1% | 36 |
| Wework India Management LimitedWEWORKWEWORK | ₹8,931 Cr | ₹9,264 Cr | ₹2,589 Cr | ₹1,676 Cr | 64.5% | ₹84 Cr | 3.1% | 12.4% | 25% | -18 |
| Nesco LimitedNESCONESCO | ₹7,249 Cr | ₹7,249 Cr | ₹951 Cr | ₹482 Cr | 52.6% | ₹417 Cr | 44.3% | 17% | 14.7% | 1 |
| Indiabulls LimitedIBULLSLTDIBULLSLTD | ₹6,856 Cr | ₹7,314 Cr | ₹1,101 Cr | ₹417 Cr | 33.2% | ₹419 Cr | 41.5% | — | 8.9% | — |
| Inox Green Energy Services LimitedINOXGREENINOXGREEN | ₹6,384 Cr | ₹6,472 Cr | ₹280 Cr | ₹28 Cr | 8.2% | ₹121 Cr | 36.8% | 8.5% | 5.6% | 405 |
| Leap India LimitedLEAPINDLEAPIND | ₹6,036 Cr | ₹7,054 Cr | ₹730 Cr | ₹157 Cr | 21.5% | ₹62 Cr | 8.6% | 9.5% | 9.6% | -520 |
| Smartworks Coworking Spaces LimitedSMARTWORKSSMARTWORKS | ₹5,837 Cr | ₹6,044 Cr | ₹1,963 Cr | ₹1,260 Cr | 64.3% | ₹28 Cr | 0.6% | 7.5% | 2% | -102 |
| Elevate Campuses LimitedELEVATEELEVATE | ₹5,811 Cr | ₹9,931 Cr | ₹569 Cr | ₹405 Cr | 71.3% | ₹174 Cr | 30.6% | 9.3% | 21.1% | — |
| Nirlon LimitedNIRLONNIRLON | ₹5,467 Cr | ₹6,614 Cr | ₹317 Cr | ₹237 Cr | 79.1% | ₹127 Cr | 34.3% | 23.2% | 59.8% | -56 |
| Quess Corp LimitedQUESSQUESS | ₹5,023 Cr | ₹5,023 Cr | ₹15,835 Cr | ₹327 Cr | 2% | ₹253 Cr | 1.5% | 19.2% | 19.7% | 19 |
| Indiqube Spaces LimitedINDIQUBEINDIQUBE | ₹4,187 Cr | ₹4,477 Cr | ₹1,564 Cr | ₹952 Cr | 60.8% | ₹-93 Cr | -7.3% | 5.7% | -20.7% | -273 |
| Sanghvi Movers LimitedSANGHVIMOVSANGHVIMOV | ₹3,719 Cr | ₹4,393 Cr | ₹1,177 Cr | ₹426 Cr | 37.4% | ₹199 Cr | 17.2% | 18% | 15% | 77 |
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Order Passed By Hon'Ble National Company Law Tribunal, Ahmedabad Bench.
| Date | Category | Subject | Filing |
|---|---|---|---|
| 29 Sept 2026, 3:28 pm | Company Update Cessation | Announcement under Regulation 30 (LODR)-Cessation | |
| 9 Sept 2026, 6:22 pm | Company Update General | Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Order Passed By Hon'Ble National Company Law Tribunal, Ahmedabad Bench. |
| Holder (%) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 8.08% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 0% | 0% | 0% | 22.04% | 22.04% | 22.04% | 31.52% | 29.19% | 29.19% | 9.19% | 0% | 0% | |
| DII | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 91.92% | 100% | 100% | 77.96% | 77.96% | 77.96% | 68.48% | 70.81% | 70.81% | 90.81% | 100% | 100% | |
| No. of shareholders | — | — | — | — | — | — | — | — | — | 10,146 | 11,196 | 10,743 |
Promoter holding down 8.08 percentage points since Jun 2023.
| Date | Client | Type | Venue | Side | Quantity | Price | Value |
|---|---|---|---|---|---|---|---|
| 12 Aug 2026 | AKHILESH KUMAR SHAW | Bulk | BSE | Buy | 70,242 | ₹4.29 | ₹0.03 Cr |
| 29 May 2026 | PRAMILA MEENA | Bulk | BSE | Buy | 89,373 | ₹5.85 | ₹0.05 Cr |
| 8 May 2026 | SHAH KHUSHBUBEN NIRAVKUMAR | Bulk | BSE | Buy | 1,04,000 | ₹5.49 | ₹0.06 Cr |
| 22 Apr 2026 | BIRARJ TRADING SERVICES PRIVATE LIMITED | Bulk | BSE | Sell | 70,000 | ₹6.10 | ₹0.04 Cr |
| 12 Dec 2025 | BHAVIK JAWAHARBHAI KAMDAR | Bulk | BSE | Sell | 1,00,439 | ₹6.56 | ₹0.07 Cr |
| 20 Nov 2025 | URVIBEN BHAVIK KAMDAR | Bulk | BSE | Sell | 71,085 | ₹7.50 | ₹0.05 Cr |
| 12 Nov 2025 | ABHIMANYU | Bulk | BSE | Sell | 96,123 | ₹7.49 | ₹0.07 Cr |
| 12 Nov 2025 | ABHIMANYU | Bulk | BSE | Buy | 3,134 | ₹7.61 | ₹0.00 Cr |
| 7 Nov 2025 | SHITAL BHAVESHKUMAR SHAH | Bulk | BSE | Sell | 92,658 | ₹8.05 | ₹0.07 Cr |
| 6 Nov 2025 | NITIN BAKSHI | Bulk | BSE | Sell | 99,152 | ₹7.70 | ₹0.08 Cr |
Current officeholders as filed with BSE. A person holding two offices is listed once per office.
Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.
| ₹ Cr | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 14 | 113 | 130 | |
| COGS | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 12 | 110 | 129 |
| Gross profit | — | — | — | 0 | -0 | 0 | — | 0 | 2 | 3 | 1 |
| 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | |
| -0 | -0 | -0 | -0 | -0 | 0 | -0 | 0 | 1 | 2 | 0 | |
| OPM % | -15.8% | -12.9% | -18.2% | -366.7% | -168.4% | 9.4% | — | 4.2% | 10.3% | 1.7% | 0.3% |
| Depreciation | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit before tax | 0 | — | -0 | -0 | -0 | 0 | -0 | 0 | 1 | 2 | 0 |
| Tax | — | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Tax % | — | — | — | 0% | 0% | 0% | 11.1% | 0% | 19.3% | 23.2% | 0% |
| 0 | — | -0 | -0 | -0 | 0 | -0 | 0 | 1 | 2 | 0 | |
| PAT margin % | 0% | — | -9.1% | -200% | -157.9% | 10.9% | — | 2.1% | 8.2% | 1.5% | 0% |
| EPS (₹) | 0.1 | 0 | -0.7 | -2.6 | -12.1 | 2.8 | -4 | 0.3 | 43.6 | 0.1 | 0 |
| EPS adjusted (₹) | — | — | — | -2.4 | -12 | 2.8 | -4 | 0.4 | 4.2 | 1.2 | 0 |
| Annual report | Annual report for Mar 2016 | Annual report for Mar 2017 | Annual report for Mar 2018 | Annual report for Mar 2019 | Annual report for Mar 2020 | Annual report for Mar 2021 | Annual report for Mar 2022 | Annual report for Mar 2023 | Annual report for Mar 2024 | Annual report for Mar 2025 | — |
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 3 | 14 | 14 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 9 | 48 | 48 |
| Minority interest | — | — | — | — | — | — | — | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 31 | 7 | |
| 0 | 0 | 0 | -0 | 0 | 8 | 1 | 32 | |
| Total equity & liabilities | 1 | 0 | 1 | 0 | 1 | 20 | 93 | 101 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | — | — | — | — |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 0 | 1 | 0 | 1 | 20 | 93 | 101 | |
| Total assets | 1 | 0 | 1 | 0 | 1 | 20 | 93 | 101 |
| ₹ Cr | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| -0 | -0 | 0 | -0 | -0 | 0 | -59 | -7 | |
| 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 10 | 48 | 7 | |
| Net cash flow | 0 | -0 | 0 | 0 | -0 | 10 | -10 | -0 |
| Free cash flow | -0 | -0 | — | — | -0 | 0 | -59 | -7 |
| CFO / Operating profit % | — | — | 716.7% | — | — | 11.3% | — | — |