Paul Merchants (BOM:539113) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


BOM:539113 Paul Merchants Ltd BOM:539113
67 GF Score
Price ₹495.00
GF Value ₹377.31
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Paul Merchants Research & Development?

Paul Merchants BOM:539113 +1.26% 67 Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus rates BOM:539113 with a GF Score™ of 67/100 and a GF Value™ of ₹377.31 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Paul Merchants's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

Paul Merchants  (BOM:539113) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Paul Merchants Research & Development Related Terms

Paul Merchants Research & Development Historical Data

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The historical data trend for Paul Merchants's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Paul Merchants Research & Development Chart

Paul Merchants Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Paul Merchants Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
BOM:539113
67GF Score
Paul Merchants Ltd BOM:539113
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Paul Merchants Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹0 Mil mean?
Paul Merchants (BOM:539113) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Paul Merchants and its competitors.
Is Paul Merchants' Research & Development too high?
Paul Merchants' current Research & Development is ₹0 Mil. Overall, Paul Merchants has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Paul Merchants' Research & Development compare to MS and GS?
Paul Merchants' Research & Development of ₹0 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Capital Markets company?
A good Research & Development depends on the Capital Markets industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Paul Merchants and its competitors. Paul Merchants's current Research & Development is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paul Merchants stock overvalued right now?
Based on GuruFocus' analysis, Paul Merchants (BOM:539113) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹377.31, compared to a current price of ₹495.00 — trading 31.2% above its estimated fair value. The current Research & Development is ₹0 Mil. Paul Merchants' overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Paul Merchants (BOM:539113), the current Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Paul Merchants (BOM:539113) Overvalued in 2026?

Based on GuruFocus' analysis, Paul Merchants stock appears to be overvalued. The current stock price of ₹495.00 is trading 31.2% above its estimated GF Value™ of ₹377.31. GuruFocus considers Paul Merchants to be Significantly Overvalued.

Key valuation signals for BOM:539113:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹377.31 vs. price of ₹495.00 (31.2% above fair value)
  • GF Score™: 67/100 with 4 warning signs

No single metric tells the full story. See the BOM:539113 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Paul Merchants Business Description

Address Sector - 22A, PML House, SCO 829-830, Chandigarh, IND, 160022
Paul Merchants Ltd offers financial services. The company provides foreign exchange, business payment solutions, tours and travels, ticketing, wealth management services, and gold loans. The company's business segments include Forex, Travels, and Others. The company derives key revenue from the Forex segment.
67GF Score

Get the complete analysis for BOM:539113

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹495.00
Price
₹377.31
GF Value