Paul Merchants
BSE: PML · Other Financial Services
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Paul Merchants's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Paul Merchants Ltd is a financial services company primarily engaged in money exchange and international remittance services. It operates as an Authorized Dealer Category II under RBI regulations and functions as a sub-agent for inbound money transfers, while also maintaining an IATA-accredited travel agency division.
Business Model
The company generates revenue through commissions and service fees derived from foreign exchange transactions and international remittance processing. Additionally, it earns income from travel-related services provided through its accredited agency operations.
- Incorporation Year:1991
Growth Outlook
Growth is expected to be driven by the expansion of remittance volumes and the strengthening of its foreign exchange service network. The company continues to leverage its regulatory licenses to capture market share in the inbound money transfer sector.
Key Risks
- Regulatory Risk. The company is subject to stringent oversight by the Reserve Bank of India, and any changes in foreign exchange regulations could impact operational viability.
- Foreign Exchange Volatility. Fluctuations in currency exchange rates may affect the profitability of the company's money exchange and remittance business.
- Competitive Pressure. The financial services and remittance sector is highly competitive, with increasing pressure from digital fintech platforms and traditional banking institutions.
- Travel Industry Sensitivity. The travel agency division is susceptible to global economic conditions and geopolitical events that impact international tourism and travel demand.
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Key Metrics
REVENUE
₹2,074 Cr
TTM · consolidated
NET PROFIT
₹311 Cr
TTM · consolidated
EPS
₹52.76
TTM · consolidated
RETURN ON EQUITY
44.7%
TTM · consolidated
P/E
9.1x
Q4 FY26 · consolidated
NET PROFIT MARGIN
0.5%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Other Financial Services
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Paul MerchantsPML | ₹150 Cr | 9.20 | — | -40.6% | -1.0% | 44.7% | — | -34.6% |
Stellant Securities (India) LimitedSTELLANT | ₹597 Cr | 26.16 | — | 909.8% | 18.8% | 243.0% | — | +78.8% |
The Investment Trust Of India LimitedTHEINVEST | ₹496 Cr | 14.89 | — | -22.3% | 20.0% | 5.1% | — | -37.8% |
Regency FincorpREGENCY | ₹407 Cr | 26.44 | — | 72.7% | 69.0% | 10.2% | — | +21.6% |
NDL VenturesNDLVENTURE | ₹403 Cr | 748.13 | — | — | — | 1.3% | — | +32.6% |
Shree Salasar Investment Ltd.SALSAIN | ₹256 Cr | 13.87 | — | 171.2% | 27.0% | 33.2% | — | — |
As of Q4 FY26
Financials
Paul Merchants
BSE: PML · Other Financial Services
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Paul Merchants's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Paul Merchants Ltd is a financial services company primarily engaged in money exchange and international remittance services. It operates as an Authorized Dealer Category II under RBI regulations and functions as a sub-agent for inbound money transfers, while also maintaining an IATA-accredited travel agency division.
Business Model
The company generates revenue through commissions and service fees derived from foreign exchange transactions and international remittance processing. Additionally, it earns income from travel-related services provided through its accredited agency operations.
- Incorporation Year:1991
Growth Outlook
Growth is expected to be driven by the expansion of remittance volumes and the strengthening of its foreign exchange service network. The company continues to leverage its regulatory licenses to capture market share in the inbound money transfer sector.
Key Risks
- Regulatory Risk. The company is subject to stringent oversight by the Reserve Bank of India, and any changes in foreign exchange regulations could impact operational viability.
- Foreign Exchange Volatility. Fluctuations in currency exchange rates may affect the profitability of the company's money exchange and remittance business.
- Competitive Pressure. The financial services and remittance sector is highly competitive, with increasing pressure from digital fintech platforms and traditional banking institutions.
- Travel Industry Sensitivity. The travel agency division is susceptible to global economic conditions and geopolitical events that impact international tourism and travel demand.
Start your research today
Unlock AI insights, financials, peers and live data on Paul Merchants and 5,000+ companies — free.
Key Metrics
REVENUE
₹2,074 Cr
TTM · consolidated
NET PROFIT
₹311 Cr
TTM · consolidated
EPS
₹52.76
TTM · consolidated
RETURN ON EQUITY
44.7%
TTM · consolidated
P/E
9.1x
Q4 FY26 · consolidated
NET PROFIT MARGIN
0.5%
Q4 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Other Financial Services
As of Q4 FY26