Vivid Mercantile Ltd (542046)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Vivid Mercantile's revenue was ₹26.2 Cr, and net profit ₹1.4 Cr; the operating margin was 1.9%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹26.2 | — | -13.3% |
| Operating profit | ₹0.5 | from loss | -93.6% |
| Net profit | ₹1.4 | — | -80.1% |
| EPS (₹) | 0.14 | — | -80.6% |
| Operating margin | 1.9% | — | — |
📢 Recent Corporate Announcements
Vivid Mercantile Limited announced that shareholders approved the appointment of M/s P H Shah and Co. (FRN: 0115464W) as Statutory Auditors at the Annual General Meeting held on September 26, 2026. The appointment is for a standard term of five consecutive financial years, covering FY 2026–27 to FY 2030–31 (April 1, 2026 to March 31, 2031). The company recorded TTM revenue of Rs 60 Cr and TTM PAT of Rs 11 Cr, with promoter holding standing at 10.75%.
- Shareholders approved the appointment of M/s P H Shah and Co. as Statutory Auditor at the AGM on September 26, 2026
- Appointed for a 5-consecutive-year tenure spanning from FY 2026–27 to FY 2030–31 (01.04.2026 to 31.03.2031)
- Audit firm has been operational since 1996 with head office in Ahmedabad and a branch in Nadiad
- The appointment was made pursuant to Section 139 of the Companies Act, 2013 and LODR Regulation 30
Vivid Mercantile reported a weak Q1 FY27 with Net Profit falling 58.3% YoY to ₹0.51 Cr. Revenue from operations stood at ₹2.08 Cr, representing a sharp 84.7% sequential decline from the ₹13.60 Cr reported in the March 2026 quarter. Notably, Other Income of ₹3.20 Cr was significantly higher than core operational revenue, accounting for 60% of the total income. The company's core business in residential and commercial projects appears highly volatile, with high material costs of ₹15.38 Cr being largely offset by inventory adjustments.
- Net Profit for the quarter ended June 30, 2026, fell to ₹50.56 Lakhs from ₹121.35 Lakhs in the same period last year.
- Revenue from operations plummeted 84.7% QoQ to ₹2.08 Cr compared to ₹13.60 Cr in the preceding quarter.
- Other Income contributed ₹3.20 Cr, which is 1.5x the revenue generated from core operations (₹2.08 Cr).
- Cost of materials consumed was high at ₹15.38 Cr, though mitigated by a ₹10.94 Cr change in inventories.
- Earnings Per Share (EPS) dropped to ₹0.05 from ₹0.12 YoY and ₹0.14 QoQ.
Vivid Mercantile reported a standalone net profit of ₹50.56 Lakhs for the quarter ended June 30, 2026, a 58% decline compared to ₹121.35 Lakhs in the same quarter last year. Revenue from operations stood at ₹207.66 Lakhs, representing a significant sequential drop from the ₹26.25 Cr reported in the March 2026 quarter. A major concern is that 'Other Income' of ₹319.95 Lakhs contributed more to the total revenue than core operations. The company's promoter holding remains low at 10.75%, following a sharp decline from 42.61% in June 2025.
- Net Profit for Q1 FY27 fell to ₹50.56 Lakhs from ₹121.35 Lakhs in the year-ago quarter.
- Revenue from operations was ₹207.66 Lakhs, which is only ~3.5% of the TTM revenue of ₹60 Cr.
- Other Income of ₹319.95 Lakhs exceeded operational revenue of ₹207.66 Lakhs for the quarter.
- Total expenses surged to ₹468.13 Lakhs compared to ₹29.89 Lakhs in Q1 FY26, primarily due to material costs.
- Promoter holding has significantly decreased to 10.75% from 42.61% over the last four quarters.
Vivid Mercantile Ltd has scheduled a board meeting on August 07, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company, a micro-cap with a market capitalization of Rs 60 Cr, reported a significant revenue jump in FY26 to Rs 47 Cr compared to Rs 14 Cr in FY25. However, investors should be cautious as promoter holding has plummeted from 42.61% in June 2025 to just 10.75% in March 2026. The company currently maintains a debt-free balance sheet with a TTM PAT of Rs 11 Cr.
- Board meeting scheduled for August 07, 2026, to approve standalone results.
- Financial results pertain to the quarter ended June 30, 2026.
- Trading window for designated persons has been closed since June 26, 2026.
- Trading window to remain closed until 48 hours after the results announcement.
- Company reported a TTM EPS of Rs 1.07 as of the latest available data.
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