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Sector: Banking and Finance

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Small Cap

Paul Merchants Share Price

Paul Merchants Ltd.

584.95

-15.05(-2.51%)
24th Apr 2026 | 3:11 PM
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Paul Merchants Performance

Price Movement

₹609.00

₹580.00

₹601.00

Today's LowToday's High

1 Year Performance

Data is not available

Markets Today

High₹601.00
Low₹580.00
Open at₹601.00
Prev Close₹600.00
Volumes109
Avg Price₹583.72
Lower Circuit₹480.00
Upper Circuit₹720.00

Historical Performance

3M High₹630.00
3M Low₹407.00
1 Yr High₹825.00
1 Yr Low₹407.00
3 Yr High₹1,479.90
3 Yr Low₹407.00
5 Yr High₹1,479.90
5 Yr Low₹317.03

Paul Merchants Fundamentals

Market Cap
Above industry Median
180.40 Cr.
PE Ratio (TTM)
Low in industry
0.60
Dividend Yield
0
Net Profit TTM
401.3% incr over last year
283.14
Net Profit Growth
401.3% incr over last year
283.14
PEG Ratio
Below industry Median
0
ROE
5.1% incr over last year
10.15
Operating Revenue TTM
2,173.97
Operating Revenue Growth
43% decr over last year
Book Value
Low in industry
0.20
MFI
MFI is mid-range
65.98
RSI
RSI is mid-range
64.44
EPS (TTM)
206.99
Debt to Equity
0.04
Face Value
10
Operating Profit Margin Qtr.
-0.22
Operating Profit Qtr.
-3.17
Net Profit Qtr.
-14.40
Operating Revenue Qtr.
504.79
PB Ratio
0.20

Paul Merchants Financials

*All values are in Rs. Cr
Loading chart...
Indicator
Dec 2025
Sep 2025
Jun 2025
Mar 2025
Dec 2024
Total Revenue499.61591.22493.07578.09749.25
Operating Expense501.76593.67494.86580.72750.85
Operating Profit-2.16-2.45-1.79-2.63-1.60
Depreciation1.040.950.730.880.82
Interest0.080.100.290.250.30
Tax0.413.430.370.160.37
Net Profit0.0411.421.440.520.16

Paul Merchants Technicals

Paul Merchants Ltd. EMA & SMA

584.95

-15.05 (-2.51%)

Bullish Moving Average

11

Bearish Moving Average

5

Day EMA5 ₹589
Day EMA10 ₹569.2
Day EMA12 ₹561.8
Day EMA20 ₹541.6
Day EMA26 ₹534.2
Day EMA50 ₹532.2
Day EMA100 ₹561.3
Day EMA200 ₹623.4

Paul Merchants Support and Resistance

Resistance

First Resistance₹597.30
Second Resistance₹609.65
Third Resistance₹618.30

Support

First Support₹576.30
Second Support₹567.65
Third Support₹555.30

Technical Indicators

Day RSI64.44
Day MFI65.98
Day ADX28.37
Day Commodity Channel Index95.60
William-23.14
Day MACD27.57
Day MACD Signal Line15.48
Day ATR27.27
Day ROC125-14.26
Day ROC2120.71

About Paul Merchants Share Price

Paul Merchants operates within the financial services and foreign exchange industry and provides services related to currency exchange, international remittance, and travel services. The company entered the foreign exchange business in 1995 after obtaining authorization from the Reserve Bank of India, which marked a shift in business activities following earlier corporate restructuring.

Business activities carried out through Paul Merchants operations include foreign exchange services, inward and outward remittance, travel services, and distribution of insurance products. These activities form part of the broader economic environment supporting financial services demand linked to travel and international transactions. Investors sometimes track Paul Merchants share price today when evaluating how trading activity reflects sentiment toward companies involved in forex and remittance services. Paul Merchants Share 2025-2026 may reflect investor observations regarding business performance and sector conditions within the financial services industry.

Industry observers follow developments related to Paul Merchants operations when evaluating the operating environment for companies providing currency exchange and travel-linked financial services. Financial disclosures and regulatory announcements may contribute to movements reflected in Paul Merchants live share price. Analysts and investors also observe Paul Merchants share trend when comparing companies operating within the financial services sector.

Investors may also review Paul Merchants live price when observing trading activity linked to companies operating in the forex and travel financial services sector.

Company Fundamentals

(a) Company Background

Founded in 1984, Paul Merchants operates as a financial services company engaged in foreign exchange services, international remittance, and travel-related financial products. Paul Merchants company history includes developments associated with the growth of its forex services network and travel services operations. Paul Merchants overview describes the company’s activities in currency exchange services, remittance operations, and financial service distribution.

Paul Merchants company history begins with the incorporation of the company in 1984 as Brite Agro Mills Limited. In 1990, the company was acquired by the current promoters led by Sat Paul Bansal, after which the business direction gradually shifted toward financial services.

Paul Merchants entered the foreign exchange services business in 1995 after obtaining authorization from the Reserve Bank of India. Over time, Paul Merchants operations expanded to include international remittance services, travel services, and financial product distribution.

Corporate management and operational oversight are coordinated from Paul Merchants headquarters Chandigarh, India. Business developments related to Paul Merchants expansion include strengthening remittance networks, expanding forex service outlets, and diversification into financial services and travel-related products.

Operational developments are sometimes reviewed by investors monitoring Paul Merchants share price. Industry observers also track Paul Merchants stock price when assessing how developments related to Paul Merchants operations influence market perception. Investors reviewing financial results may monitor Paul Merchants earnings when evaluating business performance. Analysts studying financial metrics review Paul Merchants fundamentals as part of company analysis. Market participants may also review Paul Merchants p/e ratio when examining valuation indicators.

(b) Company Product Lines

Paul Merchants business segments include services supporting financial transactions, foreign exchange services, and travel-related financial products.

  • Foreign Exchange Services
    • Buying and selling of foreign currencies through authorized forex dealer operations.
  • International Money Transfer and Remittance Services
    • Inward remittance services and cross-border fund transfer solutions.
  • Travel and Tourism Services
    • Air ticketing, travel packages, and international travel support services.
  • Financial Product Distribution
    • Distribution of insurance products and financial services through partner networks.

Operational developments across these segments may influence how investors interpret Paul Merchants share price. Industry observers also review Paul Merchants stock price when evaluating activity across Paul Merchants business segments.

(c) Company Revenue Model

Paul Merchants revenue model is based on providing foreign exchange services, remittance processing, travel services, and financial product distribution to retail and institutional customers.

Revenue streams may include:

  • Foreign exchange trading margins and currency conversion services
  • Commission income from international money transfer and remittance services
  • Travel service revenues including air ticketing and tourism packages
  • Distribution commissions from financial products such as insurance services

These activities contribute to business performance evaluated by market participants reviewing Paul Merchants stock price. Contract activity and operational developments may also influence how investors interpret Paul Merchants share price.

(e) Geographic Presence

Paul Merchants geographic presence includes locations where financial service and foreign exchange activities are carried out.

Headquarters 
• Chandigarh, India

Operations 
• India
• Nationwide forex service network across multiple cities
• Remittance and financial services operations supporting international transactions

Corporate Offices 
• Chandigarh
• Branch offices across major Indian cities
• Service outlets supporting forex and travel operations

Export Markets / International Presence 
• Global remittance corridors through international money transfer partnerships
• International travel services linked to global airline and tourism networks
• Overseas remittance networks serving multiple countries

Regional activities are sometimes reviewed by investors assessing Paul Merchants share price. Market participants also monitor Paul Merchants stock price when evaluating geographic exposure.

(f) Leadership

Paul Merchants leadership includes executives and board members responsible for corporate governance and strategic direction.

Rajneesh Bansal – Executive Director / Managing Director / Promoter
Ritesh Vaid – Executive Director & Whole-time Director
Bhupinder Singh – Independent Non-Executive Director
Anoop Kumar Sharma – Independent Non-Executive Director
Tejinder Kaur – Independent Non-Executive Director
Inder Sain Negi – Independent Non-Executive Director
Sat Paul Bansal – Chairman & Non-Executive Director
Sarita Rani Bansal – Non-Executive & Non-Independent Director
Hardam Singh – Company Secretary / Compliance Officer / Legal Head

Leadership decisions may influence how investors interpret Paul Merchants share price. Corporate governance practices are also reviewed by analysts when examining Paul Merchants stock price.

(h) Key Milestones

Major developments in Paul Merchants company history provide context for the company’s operational evolution.

  • 1984 — Incorporation of the company asBriteAgro Mills Limited.
  • 1990 — The company wasacquired by the current promoters led by Sat Paul Bansalmarking a change in management and business direction.
  • 1995 — The company entered the foreign exchange business after obtaining authorization from the Reserve Bank of India.
  • 2000s — Expansion of forex services, international remittance operations, and travel-related financial services across India.Strategic developments are sometimes considered when analysts review Paul Merchants share price in relation to business changes.

(i) Industry Perspective

The financial services and foreign exchange industry operates within an environment influenced by international travel demand, cross-border financial transactions, and regulatory oversight of remittance operations. Financial services outlook may be shaped by global travel trends, currency exchange demand, and financial regulatory developments.

Industry trends include increased digital payment adoption, growth in international remittance services, and expanding demand for cross-border financial transactions. Companies operating in forex services also participate in travel-related financial services including international ticketing and travel assistance.

Sector developments may be evaluated by investors reviewing Paul Merchants share price. Analysts also assess Paul Merchants stock price when comparing company performance with broader financial services sector conditions.

Paul Merchants Stock Market Presence – Listing and Index Representation

Paul Merchants listed company status reflects its presence on Indian stock exchanges. Paul Merchants BSE listing is recorded under the code 539113.

Market participants monitor Paul Merchants share price on NSE to observe trading activity on the exchange. Analysts also review Paul Merchants share price on BSE when assessing valuation movements across exchanges. Investor sentiment toward companies in the financial services sector may be reflected through movements in Paul Merchants stock price.

Paul Merchants Stock Performance and Share Price History

Paul Merchants stock performance reflects patterns associated with cycles in the financial services industry. Analysis of Paul Merchants share price history focuses on medium-term and long-term price movement patterns.

Analysts review Paul Merchants stock price when assessing how operational developments influence investor sentiment. Observations related to Paul Merchants share price trend may also reflect broader financial services industry conditions.

Changes in travel demand, currency exchange activity, and international remittance volumes can contribute to fluctuations in Paul Merchants stock price over time.

Paul Merchants Investor Relevance and Role in Portfolio

Paul Merchants stock may appear in portfolios that include companies linked to the financial services and forex services industry. Investors sometimes observe Paul Merchants share price when evaluating exposure to remittance and travel-related financial services.

Investors may also review Paul Merchants market cap when evaluating the company’s relative size within the financial services sector.

Thematic Exposure
Paul Merchants performance may reflect developments affecting companies operating in foreign exchange and travel-linked financial services.

Valuation Monitoring
Market participants monitor Paul Merchants stock price when reviewing financial performance and valuation indicators.

Industry Exposure
Changes in financial services demand may influence Paul Merchants stock price trends.

Long-term investors sometimes review Paul Merchants share price alongside developments affecting companies operating in the sector.

Paul Merchants Sectoral Relevance and Peer Positioning

Paul Merchants competitive positioning reflects its role within the financial services and foreign exchange industry. Analysts review Paul Merchants p/e ratio when comparing valuation metrics across companies operating in financial transaction services.

Paul Merchants peer comparison may include companies operating in related financial service segments.

Industry peers may include:

  • Thomas Cook India Ltd.
  • Centrum Financial Services Ltd.
  • EbixCash Ltd.
  • Weizmann Forex Ltd.

Structural factors affecting industry positioning may be examined through Paul Merchants SWOT analysis. Analysts sometimes compare Paul Merchants stock price with other financial services companies when reviewing relative valuation.

Summary

Paul Merchants overview reflects the company’s role within the financial services industry and the activities supporting its operations. Paul Merchants business model is based on providing foreign exchange services, remittance processing, and travel-related financial services.

Paul Merchants geographic presence reflects the locations where the company operates through its forex service network and financial service distribution channels. Analysts observe Paul Merchants share price when reviewing developments affecting the company’s operating environment. Market participants also monitor Paul Merchants stock price when evaluating financial services sector conditions.

Paul Merchants Shareholding Pattern

Held ByDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoter74.674.674.674.674.674.6
FII0.20.20.20.20.20
DII000000
Public25.125.225.225.225.225.4

Paul Merchants Delivery And Volume

PeriodCombined Delivery VolumeNSE+BSE Traded Volume AvgDaily Avg Delivery Volume %
Day44649090.82%
Week47952591.20%
1 Month80787092.72%
6 Month59567987.56%

Paul Merchants SWOT Analysis

Strengths19
Weakness7
Opportunity0
Threats1

Buy Zone: Stocks in the buy zone based on days traded at current PE and P/BV

Strong Performer, Under Radar Stocks (DVM)

Undervalued Growth Stocks

Relative Outperformance versus Industry over 1 Month

Annual Profit Growth higher than Sector Profit Growth

PEG lower than Industry PEG

High Momentum Scores (Technical Scores greater than 50)

Relative Outperformance versus Industry over 1 Week

Relative Outperformance versus Industry over 1 Month

Affordable Stocks - Stocks with Good Valuation Score

Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Companies with Low Debt

Strong cash generating ability from core business - Improving Cash Flow from operation for last 2 years

Annual Net Profits improving for last 2 years

Companies with Zero Promoter Pledge

Stock gained more than 20% in one month

Stock with Low PE (PE < = 10)

RSI indicating price strength

Stocks Outperforming their Industry Price Change in the Quarter

Paul Merchants Corporate Action

Ex-Date
Dividend Amount
Dividend Type
Record Date
Instrument Type
19 Aug, 20192INTERIM20 Aug, 2019Equity Share

Paul Merchants Stock Comparison

Financials
Price (₹)₹3.75₹135₹58.80₹17.44₹70₹579.75
% Change-100.00%-0.71%5.00%0.00%0.00%-0.90%
Revenue TTM (₹ Cr)₹0.24-₹1.57₹0.96-₹932.16
Net Profit TTM (₹ Cr)₹-0.48-₹0.59₹0.04-₹129.27
PE TTM-0.20-26.60377.5024.6028.20
1 Year Return504.551313.46365.4539.66
ROCE-9.83----23.89

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