Sonal Mercantile - Sonal Mercantile

📊 BSE: 538943 🏢 Non Banking Financial Company (NBFC) 📅 Last Updated: 11/13/2025 15:25

💰 Financial Performance

Revenue Growth by Segment

The company operates in a single reportable segment (NBFC activities). Specific percentage growth for the 2024-25 period was not disclosed in the available documents.

Geographic Revenue Split

Not disclosed in available documents; however, operations are centered in India with the registered office in New Delhi.

Profitability Margins

Not disclosed in available documents. The company notes that performance is subject to interest rate volatility and economic cycles.

Credit Rating & Borrowing

Not disclosed in available documents. The company identifies interest rate volatility as a primary risk factor affecting borrowing costs.

⚙️ Operational Drivers

Raw Materials

Not applicable as the company is an NBFC. Its primary 'input' is capital/funds used for Loans & Advances and investments.

Import Sources

Not applicable for financial services.

Key Suppliers

Not applicable; the company sources capital from bankers and investors rather than physical raw material suppliers.

Capacity Expansion

Not applicable for NBFC operations; however, the management expressed a clear vision to increase the scale of operations and find concrete business opportunities to expand.

Raw Material Costs

Not applicable. Financial costs (interest expense) are the primary operational cost, which are sensitive to RBI policy changes.

Manufacturing Efficiency

Not applicable. The company focuses on the efficiency of its loan deployment and investment in quoted/unquoted securities.

Logistics & Distribution

Not applicable.

📈 Strategic Growth

Expected Growth Rate

Not disclosed

Growth Strategy

The company intends to achieve growth by leveraging the Government of India's focus on financial inclusion to expand its customer base in rural areas. Management aims to increase the scale of operations and is seeking new business opportunities to diversify beyond its current single-segment focus.

Products & Services

Loans & Advances, and investments in both quoted and unquoted securities.

Brand Portfolio

Sonal Mercantile Limited.

New Products/Services

The company has not yet decided on its future course of new activities, stating the impact will be known once decided.

Market Expansion

Targeting rural areas to leverage established customer bases and government financial inclusion initiatives.

Market Share & Ranking

Not disclosed; the company faces tough competition from local and multinational players.

🌍 External Factors

Industry Trends

The NBFC sector is undergoing a significant transformation, playing a catalyst role in semi-urban and rural growth. The industry is evolving with increased regulatory oversight from the RBI to keep pace with environmental changes.

Competitive Landscape

Highly competitive industry with the emergence of systematically important NBFCs and multinational players.

Competitive Moat

The company does not disclose a specific durable moat and acknowledges 'tough competition' from existing local and multinational players in the capital market and lending space.

Macro Economic Sensitivity

Highly sensitive to government fiscal management and corrective economic policies which are expected to strengthen the economy and create business opportunities.

Consumer Behavior

Shift toward financial inclusion in rural areas is driving demand for NBFC services.

⚖️ Regulatory & Governance

Industry Regulations

Operations are governed by RBI regulatory and supervising policies, SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, and the Companies Act 2013.

Legal Contingencies

The company reported that no complaints were received from shareholders during the financial year 2024-25, and there were no pending complaints at the beginning or end of the year.