---
title: "Nicco Uco Alliance Credit Ltd (523209) — Share Price, Financials & Analysis"
symbol: "523209"
company: "Nicco Uco Alliance Credit Ltd"
canonical: "https://tapetide.com/stocks/523209"
isin: "INE917B01023"
bse_code: "523209"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:21:47.579Z"
---

# Nicco Uco Alliance Credit Ltd (523209)

Canonical page: https://tapetide.com/stocks/523209

## Company

- **BSE Code:** 523209
- **ISIN:** INE917B01023
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹2
- **F&O Eligible:** No

## About

Nicco Uco Alliance Credit Ltd. is engaged in providing financial services. The company offers lease financing and factoring services as well as securities investments.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 13.2%
- Contingent liabilities of Rs.0.81 Cr.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 14% | -25% |
| revenue growth | -100% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.11 | 0.12 | 0.58 | 0.19 | 0.17 | 0.15 | 0.3 | 0.19 | 0.21 | 0.14 | 0.25 | 0.22 |
| Financing Profit | -2.87 | -3 | -3.55 | -3.38 | -3.42 | -3.54 | -3.76 | -3.83 | -4.04 | -4.13 | -4.32 | -0.22 |
| Other Income | 0.12 | 0.08 | 0.44 | 0.01 | 0.01 | 0.04 | 0.11 | 0.01 | 0.01 | 0.01 | 0.43 | 0.01 |
| Interest | 2.76 | 2.88 | 2.97 | 3.19 | 3.25 | 3.39 | 3.46 | 3.64 | 3.83 | 3.99 | 4.07 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2.75 | -2.92 | -3.11 | -3.37 | -3.41 | -3.5 | -3.65 | -3.82 | -4.03 | -4.12 | -3.89 | -0.21 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | -2.74 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -2.75 | -2.92 | -3.11 | -3.37 | -3.41 | -3.5 | -3.55 | -3.82 | -4.03 | -4.12 | -3.9 | -0.21 |
| EPS in Rs | -0.33 | -0.35 | -0.37 | -0.41 | -0.41 | -0.42 | -0.43 | -0.46 | -0.49 | -0.5 | -0.47 | -0.03 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Financing Profit | -5 | -5 | -6 | -7 | -9 | -10 | -12 | -14 | -16 | -13 |
| Financing Margin % | -8367 | -1882 | — | — | -10688 | -25250 | -4962 | -28100 | — | — |
| Other Income | 0 | 0 | 0 | 1 | -1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 4 | 5 | 6 | 7 | 8 | 10 | 11 | 13 | 16 | 12 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -5 | -5 | -6 | -7 | -9 | -10 | -12 | -14 | -16 | -12 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | — |
| Net Profit | -5 | -5 | -6 | -7 | -9 | -10 | -12 | -14 | -16 | -12 |
| EPS in Rs | -0.59 | -0.61 | -0.74 | -0.79 | -1.11 | -1.21 | -1.39 | -1.67 | -1.91 | -1.49 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | -624 | -628 | -634 | -636 | -643 | -652 | -662 | -673 | -688 | -703 |
| Borrowing | 124 | 124 | 124 | 107 | 107 | 122 | 121 | 121 | 122 | 105 |
| Other Liabilities | 491 | 495 | 500 | 523 | 530 | 521 | 530 | 541 | 554 | 587 |
| Total Liabilities | 7 | 7 | 7 | 10 | 10 | 7 | 6 | 5 | 5 | 5 |
| Fixed Assets | 5 | 5 | 5 | 3 | 3 | 2 | 2 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 0 | 4 | 2 | 2 | 1 | 1 | 0 | 0 |
| Other Assets | 2 | 1 | 1 | 3 | 6 | 4 | 3 | 3 | 3 | 3 |
| Total Assets | 7 | 7 | 7 | 10 | 10 | 7 | 6 | 5 | 5 | 5 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | -1 | — |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 2 | 1 | 0 | 1 | 0 | — |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | -2 | -1 | 0 | 1 | — |
| Net Cash Flow | -1 | 0 | 0 | 0 | 3 | -2 | -1 | 0 | 0 | — |
| Free Cash Flow | -1 | 0 | 0 | 0 | 3 | 0 | 0 | 0 | -1 | — |
| CFO/OP | 97 | 49 | 96 | 55 | -135 | 76 | 72 | 84 | 100 | — |

### Ratios

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 44 | 17 | 12 | 24 | 17 | 4 | 2 |
| Inventory Days | 13667 | 148 | 120 | 50 | 44 | 32 | 34 | 102 |
| Days Payable | 2028 | 23 | 63 | 38 | 12 | 22 | 36 | 56 |
| Cash Conversion Cycle | — | 170 | 73 | 24 | 55 | 26 | 2 | 49 |
| Working Capital Days | — | 139 | 27 | 9 | 38 | 43 | 28 | 25 |
| ROCE % | — | -1 | -3 | 22 | 27 | 32 | 11 | 4 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 13.22% | 13.22% | 13.22% | 13.22% | 13.22% | 13.22% | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% |
| DIIs | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% |
| Public | 84.82% | 84.82% | 84.82% | 84.82% | 84.82% | 84.82% | 84.83% | 84.83% | 84.83% | 84.81% | 84.81% |
| No. of Shareholders | 35634 | 35612 | 32551 | 33017 | 32937 | 32852 | 32796 | 32757 | 32694 | 35400 | 35400 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% | 13.23% |
| DIIs | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% | 1.95% |
| Public | 84.82% | 84.82% | 84.83% | 84.83% | 84.83% | 84.82% | 84.83% | 84.82% | 84.81% | 84.81% | 84.81% | 84.81% |
| No. of Shareholders | 32779 | 32768 | 32757 | 32753 | 32752 | 32703 | 32694 | 35393 | 35399 | 35400 | 35400 | 35400 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 5 / 8

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 137.79 | Sell |
| EMA (10) | 135.47 | Sell |
| SMA (20) | 135.31 | Sell |
| EMA (20) | 136.07 | Sell |
| SMA (50) | 136.8 | Sell |
| EMA (50) | 129.31 | Sell |
| SMA (100) | 107.56 | Buy |
| EMA (100) | 114.99 | Buy |
| SMA (200) | 90.78 | Buy |
| EMA (200) | 99.4 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.76 | Neutral |
| MACD (12,26,9) | 0.21 | Sell |
| Stochastic (14,3,3) | 37.44 | Neutral |
| ADX (14) | 16.4 | Neutral |
| Williams %R (14) | -95.99 | Buy |
| ATR (14) | 6.93 | High Volatility |
| ROC (12) | -4.79 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 35.08 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 May - Board meeting on 19 May 2026 to approve FY26 results, AGM, director reappointments, and compliance matters. | [Board Meeting Intimation for Prior Intimation Of A Meeting Of The Board Of Director 8 May - Board meeting on 19 May 2026 to approve FY26 results, AGM, director reappointments, and compliance matters.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d485e343-dfce-40e0-a029-47bb0e21a284.pdf) |
| 7 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5cad904-2383-4302-83f3-caa1aed19f03.pdf) |
| 6 Mar - Publication of Notice for Relogement of Transfer Requests for share of Nicco Uco Alliance Credit Limited held in Physical Form | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Mar - Publication of Notice for Relogement of Transfer Requests for share of Nicco Uco Alliance Credit Limited held in Physical Form](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a47b9ff-f22d-47f8-87aa-60c107ec5d67.pdf) |
| 5 May - In terms of Reg 30 of the SEBI (LODR) Regulations, 2015, copies of the newspaper clippings of the notice published on the Relodgement of transfer … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 May - In terms of Reg 30 of the SEBI (LODR) Regulations, 2015, copies of the newspaper clippings of the notice published on the Relodgement of transfer …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b29df690-fec1-4c9e-b1e9-bfa77c01afa0.pdf) |
| 4 Feb - Board meeting 12 Feb 2026: Q3 results; CFO extended; director appointed; NCLT dismissed UCO Bank IBC case. | [Board Meeting Intimation for Prior Intimation Of A Meeting Of The Board 4 Feb - Board meeting 12 Feb 2026: Q3 results; CFO extended; director appointed; NCLT dismissed UCO Bank IBC case.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb99eb7b-f751-46c0-832f-a20c34fc339a.pdf) |
| 28 January 2026 - SBI sanction limits raised from ₹335 crore to ₹365 crore; fund-based ₹180→₹220 crore; non-fund ₹35→₹25 crore. | [Updates 28 January 2026 - SBI sanction limits raised from ₹335 crore to ₹365 crore; fund-based ₹180→₹220 crore; non-fund ₹35→₹25 crore.](https://nsearchives.nseindia.com/corporate/CHAMAN_28012026185503_NSEAnnouncement.pdf) |
| 27 December 2025 - BIS licence granted for Silicomanganese (IS 1470:2013); covers Si16Mn63 sizes 2,3,6; Tadali factory. | [Updates 27 December 2025 - BIS licence granted for Silicomanganese (IS 1470:2013); covers Si16Mn63 sizes 2,3,6; Tadali factory.](https://nsearchives.nseindia.com/corporate/CHAMAN_27122025185750_NSEANNOUNCEMENTBISCERTIFICATIONCML27122025.pdf) |
| 26 Mar - Company Secretary S.S. Majumdar resigned; relieved effective 19 March 2026 due to health. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 26 Mar - Company Secretary S.S. Majumdar resigned; relieved effective 19 March 2026 due to health.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/30b73ac9-b7d9-40a7-ba14-0d4516032027.pdf) |
| 19 Mar - Ms. Sanjushree Paul appointed Company Secretary & Compliance Officer effective 19 March 2026. | [Appointment of Company Secretary and Compliance Officer 19 Mar - Ms. Sanjushree Paul appointed Company Secretary & Compliance Officer effective 19 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e3e6273-b5ed-4168-a43c-fbaeee5611fd.pdf) |
| 19 Mar - Mr S.S. Majumdar resigned as Company Secretary & Compliance Officer; relieved effective 19 Mar 2026 (resignation dated 11 Mar 2026). | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 19 Mar - Mr S.S. Majumdar resigned as Company Secretary & Compliance Officer; relieved effective 19 Mar 2026 (resignation dated 11 Mar 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f8ada56-39f7-4792-93bf-ab30bfae9c76.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96c60063-11b5-4289-a149-ff4565e72fee.pdf) |
| 2026-09-09 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d2dd0ec-64ef-44f5-948f-8a5135519ecf.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e280130-b5db-4b50-bfe6-ed902e63bb11.pdf) |
| 2026-08-12 | [Intimation Regarding Dispatch Of Notices Of The Annual General Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2fdc1aac-0a70-4a3b-90be-4b16946e4188.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76eb7b71-f307-4427-9510-6d60475a3b31.pdf) |
| 2026-08-12 | [Board Meeting Outcome for GENERAL OUTCOME OF BOARD MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e517d13f-bf78-49ca-aedb-27d1a08afced.pdf) |
| 2026-08-12 | [Unaudited Financial Results For The Quarter Ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14f3399b-41d6-4269-a5a0-3888ee23806f.pdf) |
| 2026-08-11 | [Intimation Regarding Submission Of Notice Of 42Nd Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee756d4a-a201-4022-a3fb-877dc4ef70a8.pdf) |
| 2026-08-11 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9891110f-083e-4bd3-959b-47823f925a7b.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8848aa1d-774b-425a-98f5-1ab635b30852.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28834_CMNL_2024_2025_A_5855251_06092025201301.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26134_CMNL_2023_2024_07092024143146.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23422_CMNL_2022_2023_04092023185952_09042023190020.zip) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523209/74868523209.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/523209/68313523209.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/523209/5232090319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/523209/5232090318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/523209/5232090317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/523209/5232090316.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/523209/5232090314.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://nsearchives.nseindia.com/corporate/CMNL_09102024175545_NSEAnnouncementInvestorpresentation.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:21:47.579Z.