Hindon Mercantile Limited

Hindon Mercantile Limited

Finance - NBFC Unlisted Active
INE08GI01012 Est. Dec 1985 Website
Current Price 24 Aug 2026
₹828.00

Min lot: 100 shares

Market Cap ₹1,843 Cr
P/E Ratio 93.2x
EPS ₹5.79
Face Value ₹10.00
Book Value ₹764.73
P/B Ratio 1.08x
Min Lot 100 sh.
Total Debt ₹926 Cr

Price Trend

Period Change
Period High
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Prices shown are indicative unlisted-market bid prices, updated periodically.

About Hindon Mercantile Limited

Hindon Mercantile Limited (HML), founded on 14 August 1985 and based in New Delhi, is a non-deposit-taking NBFC registered with the RBI, offering personal loans, business loans, equipment and machinery finance, loans against property, supply-chain finance and education loans.

Through its majority-held subsidiary Mufin Green Finance, HML has expanded into EV financing and the wider EV industry. Led by promoters including Kapil Garg, the company leans on a technology led, omni-channel approach to make financing more accessible. it has shown fairly steady growth in recent years, raising equity capital, growing its AUM, and maintaining a solid capital adequacy ratio, while keeping a focus on sustainable finance.

Financial Highlights

All figures are in Crores (₹)

FY23FY24FY25 YOY %CAGR %
Net Sales109.7111.1249.7+124.7%+50.9%
Other Income5.909.304.09-56.0%-16.7%
Total Income115.6120.4253.8+110.8%+48.2%
Operating Profit63.177.6128.4+65.4%+42.6%
Interest46.350.398.6+96.1%+46.0%
Depreciation1.902.704.11+52.2%+47.1%
Total Expenditure100.696.3228.2+136.9%+50.6%
Exceptional Income0.000.500.00-100.0%
PBT14.924.625.6+4.2%+31.2%
TAX2.606.105.63-7.7%+47.2%
PAT12.318.519.8+6.9%+26.8%
EPS (₹)₹8.31₹8.72₹5.79-33.6%-16.5%
FY23FY24FY25 YOY %CAGR %
Shareholder Funds177.2269.41,702+531.9%+209.9%
Total Debt208.6607.9926.2+52.4%+110.7%
Current Liabilities730.2845.2-100.0%
Non Current Liabilities385.4450.2-100.0%
Total Liabilities466.61,0011,702+70.1%+91.0%
Current Assets1,2601,450-100.0%
Non Current Assets335.2385.4-100.0%
Total Assets466.61,0011,702+70.1%+91.0%
FY23FY24FY25 YOY %CAGR %
Cash Flow From Operating Activities-56.4-65.4-428.8-555.6%-175.7%
Cash Flow From Investing Activities-24.8-28.4-189.5-567.2%-176.4%
Cash Flow From Financing Activities82.495.4642.8+573.8%+179.3%
Free Cash Flow-68.2-78.4-436.0-456.1%-152.8%
FY23FY24FY25YOY %
ROE(%)6.906.901.20-82.6%
ROCE(%)13.507.807.50-3.8%
ROA(%)2.601.801.20-33.3%
Current Ratio(x)1.701.70-100.0%
Debt / Equity(x)1.182.260.54-76.1%

No documents available yet.

Net Sales (in Cr.)

Total Income (in Cr.)

Net Profit (in Cr.)

Operating Profit (in Cr.)

Shareholder Funds (in Cr.)

Total Assets (in Cr.)

Operating Cash Flow (in Cr.)

Investing Cash Flow (in Cr.)

Financing Cash Flow (in Cr.)

Free Cash Flow (in Cr.)

Company Information

ISIN INE08GI01012
Industry Finance - NBFC
Category Pre IPO
Incorporated December 1985
Min Lot Size 100 shares
Demat Required Yes
ROFR Applicable No

Frequently Asked Questions

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