Corporate Merchant Bankers Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Corporate Merchant Bankers Ltd?

Corporate Merchant Bankers Ltd is trading at 43.90 as of 19 April 2026, with a FY2026-2027 high of 414 and low of 39.7. The stock is currently near its 52-week low. Market cap stands at 278 Cr..

Q: Is Corporate Merchant Bankers Ltd financially healthy?

Key indicators: ROCE of 5.88 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Corporate Merchant Bankers Ltd profitable and how is the profit trend?

Corporate Merchant Bankers Ltd reported a net profit of 2 Cr in Mar 2025 on revenue of 4 Cr. Compared to 0 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹30.01Overvalued by 31.64%vs CMP ₹43.90

P/E (65.9) × ROE (51.2%) × BV (₹1.09) × DY (2.00%)

₹29.68Overvalued by 32.39%vs CMP ₹43.90

MoS: -47.9% (Negative)Confidence: 50/100 (Moderate)Models: 2 Under, 5 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹49.59	30%	Under (+13%)
Graham Number	Earnings	₹16.66	18%	Over (-62.1%)
DCF	Cash Flow	₹1.94	15%	Over (-95.6%)
Net Asset Value	Assets	₹1.09	10%	Over (-97.5%)
Earnings Yield	Earnings	₹113.20	10%	Under (+157.9%)
ROCE Capital	Returns	₹0.14	10%	Over (-99.7%)
Revenue Multiple	Revenue	₹0.87	7%	Over (-98%)
Consensus (7 models)		₹29.68	100%	Overvalued

Key Drivers: EPS CAGR 65.2% lifts DCF — verify sustainability. | Wide model spread (₹0–₹113) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 65.2%

*Investments are subject to market risks

Investment Snapshot

Corporate Merchant Bankers Ltd scores 54/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health51/100 · Moderate

ROCE 5.9% WeakROE 51.2% ExcellentD/E 0.01 Low debtInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent

Smart Money35/100 · Weak

Promoter decreased by 56.87% Caution

Earnings Quality50/100 · Moderate

OPM contracting (-6% → -39%) DecliningWorking capital: 0 days (improving) Efficient

Quarterly Momentum55/100 · Moderate

Revenue (4Q): -100% YoY DecliningProfit (4Q): +5,175% YoY Strong

Industry Rank75/100 · Strong

P/E 65.9 vs industry 98.5 Cheaper than peersROCE 5.9% vs industry 21.7% Below peersROE 51.2% vs industry 14.2% Above peers3Y sales CAGR: 232% High growth

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:24 am

Market Cap	278 Cr.
Current Price	43.9
Intrinsic Value	₹29.68
High / Low	414/39.7
Stock P/E	65.9
Book Value	1.09
Dividend Yield	0.00 %
ROCE	5.88 %
ROE	51.2 %
Face Value	10.0
PEG Ratio	1.01

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Corporate Merchant Bankers Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Corporate Merchant Bankers Ltd	278 Cr.	43.9	414/39.7	65.9	1.09	0.00 %	5.88 %	51.2 %	10.0
Ascom Leasing & Investments Ltd	265 Cr.	227	243/76.6	51.2	44.8	0.00 %	14.4 %	10.8 %	10.0
Times Guaranty Ltd	260 Cr.	286	317/110	110	53.1	0.00 %	6.05 %	5.04 %	10.0
Alacrity Securities Ltd	254 Cr.	54.3	87.8/42.9	38.3	23.1	0.00 %	21.5 %	16.4 %	10.0
Reliance Capital Ltd	312 Cr.	12.4	/	0.58	416	0.00 %	8.16 %	%	10.0
Industry Average	6,725.79 Cr	1,029.64		98.51	4,364.49	0.43%	21.71%	14.20%	7.23

All Competitor Stocks of Corporate Merchant Bankers Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	0.00	0.08	0.00	0.00	0.00	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.02	0.07	0.01	0.14	0.12	0.07	0.40	0.61	1.05	0.16	0.88	0.20	0.91
Operating Profit	-0.02	0.01	-0.01	-0.14	-0.12	-0.04	-0.40	-0.61	-1.05	-0.16	-0.88	-0.20	-0.91
OPM %		12.50%				-133.33%
Other Income	0.00	0.00	0.00	0.00	0.00	0.07	0.36	0.63	1.15	2.97	1.65	1.57	1.66
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-0.02	0.00	-0.01	-0.14	-0.12	0.03	-0.04	0.02	0.10	2.81	0.77	1.37	0.75
Tax %	0.00%		0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	20.00%	24.91%	24.68%	25.55%	30.67%
Net Profit	-0.02	-0.01	-0.01	-0.14	-0.12	0.03	-0.04	0.02	0.07	2.11	0.58	1.02	0.51
EPS in Rs	-0.06	-0.03	-0.03	-0.42	-0.36	0.09	-0.12	0.06	0.21	6.39	1.76	3.09	0.08

Last Updated: March 3, 2026, 11:12 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 2:50 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	0.01	0.09	0.10	0.19	0.20	0.16	0.18	0.18	0.10	0.08	0.10	3.67	0.00
Expenses	0.01	0.08	0.09	0.18	0.19	0.16	0.18	0.17	0.10	0.09	0.27	0.29	2.15
Operating Profit	0.00	0.01	0.01	0.01	0.01	0.00	0.00	0.01	0.00	-0.01	-0.17	3.38	-2.15
OPM %	0.00%	11.11%	10.00%	5.26%	5.00%	0.00%	0.00%	5.56%	0.00%	-12.50%	-170.00%	92.10%
Other Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.85
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.06	0.49	0.00
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.00	0.01	0.01	0.01	0.01	0.00	0.00	0.01	0.00	-0.01	-0.23	2.89	5.70
Tax %		0.00%	0.00%	0.00%	0.00%			0.00%		0.00%	0.00%	24.91%
Net Profit	0.00	0.00	0.01	0.01	0.01	0.00	0.00	0.01	0.00	-0.01	-0.23	2.16	4.22
EPS in Rs	0.00	0.00	0.03	0.03	0.03	0.00	0.00	0.03	0.00	-0.03	-0.70	6.55	11.32
Dividend Payout %			0.00%	0.00%	0.00%			0.00%		0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2021-2022	2023-2024	2024-2025
YoY Net Profit Growth (%)	0.00%	0.00%	-100.00%	-100.00%	-2200.00%	1039.13%
Change in YoY Net Profit Growth (%)	0.00%	0.00%	-100.00%	0.00%	-2100.00%	3239.13%

Corporate Merchant Bankers Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2016-2017 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-100%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	1130%

Stock Price CAGR
10 Years:	%
5 Years:	54%
3 Years:	%
1 Year:	%

Return on Equity
10 Years:	6%
5 Years:	11%
3 Years:	18%
Last Year:	51%

Last Updated: September 5, 2025, 3:01 pm

Balance Sheet

Last Updated: December 10, 2025, 4:07 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30	3.30
Reserves	0.04	0.05	0.05	0.06	0.07	0.07	0.07	0.07	0.07	0.06	-0.16	1.99	3.59
Borrowings	0.00	0.00	0.00	0.11	0.03	0.11	0.20	0.08	0.06	0.06	15.58	90.87	91.23
Other Liabilities	0.01	0.01	0.02	0.31	0.05	0.02	0.02	0.01	0.01	0.01	0.02	0.82	1.42
Total Liabilities	3.35	3.36	3.37	3.78	3.45	3.50	3.59	3.46	3.44	3.43	18.74	96.98	99.54
Fixed Assets	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.00	0.00	0.00	0.02
Other Assets	3.35	3.36	3.36	3.77	3.44	3.49	3.58	3.45	3.43	3.43	18.74	96.98	99.52
Total Assets	3.35	3.36	3.37	3.78	3.45	3.50	3.59	3.46	3.44	3.43	18.74	96.98	99.54

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	0.00	-0.01	0.00	-0.06	0.27	-0.08	-0.10	0.12	0.02	0.00	-15.43	-74.93
Cash from Investing Activity +	0.00	0.00	0.78	0.00	-0.36	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash from Financing Activity +	0.00	0.00	0.00	0.11	-0.07	0.08	0.08	-0.12	-0.02	0.00	15.47	74.86
Net Cash Flow	0.01	-0.01	0.79	0.04	-0.16	0.00	-0.01	0.00	0.00	0.00	0.04	-0.08
Free Cash Flow	0.00	-0.01	0.00	-0.06	0.27	-0.08	-0.10	0.12	0.02	0.00	-15.43	-74.93
CFO/OP		-100%	0%	-600%	2,700%			1,200%		0%	9,076%	-2,217%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	0.00	0.01	0.01	-0.10	-0.02	-0.11	-0.20	-0.07	-0.06	-0.07	-15.75	-87.49

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	10,220.00	1,176.11	1,095.00	826.05	584.00	912.50	1,013.89	871.94	1,496.50	1,870.62	4,988.33
Inventory Days
Days Payable
Cash Conversion Cycle	10,220.00	1,176.11	1,095.00	826.05	584.00	912.50	1,013.89	871.94	1,496.50	1,870.62	4,988.33
Working Capital Days	121,180.00	2,595.56	2,299.50	1,344.74	803.00	1,186.25	1,074.72	973.33	1,679.00	2,098.75	5,353.33
ROCE %	0.00%	0.30%	0.30%	0.29%	0.29%	0.00%	0.00%	0.28%	0.00%	-0.29%	-2.08%	5.03%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	74.70%	74.70%	74.70%	74.70%	65.35%	59.99%	59.99%	59.99%	59.99%	59.99%	59.99%	3.12%
Public	25.30%	25.30%	25.30%	25.30%	34.65%	40.01%	40.01%	40.01%	40.01%	40.01%	40.00%	96.88%
No. of Shareholders	589	590	590	591	589	588	588	588	595	600	603	693

Shareholding Pattern Chart

No. of Shareholders

Corporate Merchant Bankers Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-0.02	0.01	0.00	0.00	0.01
Diluted EPS (Rs.)	-0.02	0.01	0.00	0.00	0.01
Cash EPS (Rs.)	-0.01	0.18	0.17	0.17	0.18
Book Value[Excl.RevalReserv]/Share (Rs.)	10.17	10.18	10.17	10.18	10.18
Book Value[Incl.RevalReserv]/Share (Rs.)	10.17	10.18	10.17	10.18	10.18
Revenue From Operations / Share (Rs.)	0.31	0.55	0.53	0.48	0.60
PBDIT / Share (Rs.)	-0.01	0.01	0.00	0.00	0.01
PBIT / Share (Rs.)	-0.01	0.01	0.00	0.00	0.01
PBT / Share (Rs.)	-0.01	0.01	0.00	0.00	0.01
Net Profit / Share (Rs.)	-0.01	0.01	0.00	0.00	0.01
NP After MI And SOA / Share (Rs.)	-0.01	0.01	0.00	0.00	0.01
PBDIT Margin (%)	-5.71	2.85	-0.24	-0.31	2.04
PBIT Margin (%)	-5.71	2.85	-0.24	-0.31	2.04
PBT Margin (%)	-5.71	2.85	-0.24	-0.31	2.04
Net Profit Margin (%)	-5.71	1.80	-0.54	-0.81	0.88
NP After MI And SOA Margin (%)	-5.71	1.80	-0.54	-0.81	0.88
Return on Networth / Equity (%)	-0.17	0.09	-0.02	-0.03	0.05
Return on Capital Employeed (%)	-0.17	0.15	-0.01	-0.01	0.11
Return On Assets (%)	-0.17	0.09	-0.02	-0.03	0.05
Long Term Debt / Equity (X)	0.01	0.02	0.05	0.03	0.01
Total Debt / Equity (X)	0.01	0.02	0.05	0.03	0.01
Asset Turnover Ratio (%)	0.02	0.05	0.05	0.04	0.05
Current Ratio (X)	81.16	78.01	58.02	56.20	23.54
Quick Ratio (X)	81.16	78.01	58.02	56.20	23.54
Enterprise Value (Cr.)	4.16	4.17	4.80	4.97	4.62
EV / Net Operating Revenue (X)	40.24	22.59	26.95	30.73	23.29
EV / EBITDA (X)	-704.46	791.20	-11017.03	-9823.20	1137.50
MarketCap / Net Operating Revenue (X)	46.19	25.84	29.64	34.29	26.59
Price / BV (X)	1.42	1.42	1.57	1.65	1.57
Price / Net Operating Revenue (X)	46.20	25.87	29.68	34.36	26.62

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Corporate Merchant Bankers Ltd. is a Public Limited Listed company incorporated on 26/08/1994 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1994PLC061107 and registration number is 061107. Currently company belongs to the Industry of Finance & Investments. Company's Total Operating Revenue is Rs. 3.67 Cr. and Equity Capital is Rs. 3.30 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Finance & Investments	A-19, Ground Floor, Okhla Phase-2, Fiee Complex, Kartar Tower, New Delhi Delhi 110020	Contact not found

Management
Name	Position Held
Mr. Vishal Jethabhai Nayak	Managing Director
Ms. Saloni Mehra	Independent Director
Ms. Renu Kaur	Independent Director
Mr. Amit Bajaj	Independent Director

FAQ

What is the intrinsic value of Corporate Merchant Bankers Ltd and is it undervalued?

As of 19 April 2026, Corporate Merchant Bankers Ltd's intrinsic value is ₹29.68, which is 32.39% lower than the current market price of ₹43.90, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (51.2 %), book value (₹1.09), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Corporate Merchant Bankers Ltd?

Corporate Merchant Bankers Ltd is trading at ₹43.90 as of 19 April 2026, with a FY2026-2027 high of ₹414 and low of ₹39.7. The stock is currently near its 52-week low. Market cap stands at ₹278 Cr..

How does Corporate Merchant Bankers Ltd's P/E ratio compare to its industry?

Corporate Merchant Bankers Ltd has a P/E ratio of 65.9, which is below the industry average of 98.51. This is broadly in line with or below the industry average.

Is Corporate Merchant Bankers Ltd financially healthy?

Key indicators for Corporate Merchant Bankers Ltd: ROCE of 5.88 % is on the lower side compared to the industry average of 21.71%; ROE of 51.2 % shows strong shareholder returns. Dividend yield is 0.00 %.

Is Corporate Merchant Bankers Ltd profitable and how is the profit trend?

Corporate Merchant Bankers Ltd reported a net profit of ₹2 Cr in Mar 2025 on revenue of ₹4 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does Corporate Merchant Bankers Ltd pay dividends?

Corporate Merchant Bankers Ltd has a dividend yield of 0.00 % at the current price of ₹43.90. The company is currently not paying meaningful dividends.