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Paul Merchants Ltd (PML) Share Price & Fundamentals

SegmentOfferingsAdvantages / MoatCustomersHigh-Margin AreasRevenue (₹ Cr.)Revenue %How We EarnPricing ModelGrowth DriversTop Brands
Foreign ExchangeCurrency exchange, travel currency services, remittancesRBI license, established network, ISO certified systemsTravelers and corporates (B2C and B2B)Service charges on forex transactions332099Transaction fees and service charges on forex transactionsFee-based per transactionIncreasing travel and remittance volumes, regulatory approvalsAuthorized Dealer Category II license from RBI
Tours & TravelsHotel bookings, travel packagesIATA accreditation enables global travel booking accessIndividual travelers and business clients (B2C)Travel package commissions70Service fees and commissionsCommission and service feeRising travel demandIATA accredited travel agency
Gold Loan (discontinued)Gold loans and business/personal loansStrong customer base prior to sale in June 2025Retail borrowers (B2C)Interest income2187Interest income on loansInterest basedLoan portfolio growth until divestmentPaul Merchants Finance Pvt Ltd (WOS)
OthersMiscellaneous financial servicesVarious60Varied income streamsVariedN/A

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