---
title: "Ambition Mica Ltd (539223) — Share Price, Financials & Analysis"
symbol: "539223"
company: "Ambition Mica Ltd"
canonical: "https://tapetide.com/stocks/539223"
isin: "INE563S01011"
bse_code: "539223"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
generated_at: "2026-09-13T18:37:27.080Z"
---

# Ambition Mica Ltd (539223)

Canonical page: https://tapetide.com/stocks/539223

## Company

- **BSE Code:** 539223
- **ISIN:** INE563S01011
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2015-07-14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ambitionmica.com

## About

Incorporated in 2010, Ambition Mica Ltd does manufacturing and sale of Laminate Sheets[1]

## Latest Price

## Key Insights

### Strengths

- Debtor days have improved from 186 to 80.6 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -32.2% over past five years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 92% | — | — |
| revenue growth | -41% | -42% | -32% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 9.16 | 11 | 13.35 | 3.06 | 7.57 | 8.1 | 3.96 | 2.85 | 3.1 | 2.35 | 4.44 | 3.37 |
| Expenses | 11.64 | 10.89 | 11.05 | 3.1 | 13.14 | 15.76 | 25.83 | 6.65 | 6.11 | 2.88 | 3.22 | 4.15 |
| Operating Profit | -2.48 | 0.11 | 2.3 | -0.04 | -5.57 | -7.66 | -21.87 | -3.8 | -3.01 | -0.53 | 1.22 | -0.78 |
| OPM % | -27.07 | 1 | 17.23 | -1.31 | -73.58 | -94.57 | -552.27 | -133.33 | -97.1 | -22.55 | 27.48 | -23.15 |
| Other Income | 0.03 | 0 | 0.01 | 0 | 0.48 | 0.18 | 0.75 | 0.01 | 0.06 | 3.16 | 0.23 | 0 |
| Interest | 1.52 | 0.89 | 1.32 | 0.68 | 0.56 | 0.6 | 0.67 | 0.14 | 0.02 | 0.02 | 1.7 | 0.48 |
| Depreciation | 0.2 | 0.2 | 0.2 | 0.19 | 0.17 | 0.17 | 0.15 | 0.16 | 0.17 | 0.15 | 0.16 | 0.16 |
| Profit before tax | -4.17 | -0.98 | 0.79 | -0.91 | -5.82 | -8.25 | -21.94 | -4.09 | -3.14 | 2.46 | -0.41 | -1.42 |
| Tax % | 0.96 | 4.08 | 7.59 | 19.78 | -2.75 | -22.06 | 6.29 | 10.76 | -1.27 | 18.7 | 12.2 | 6.34 |
| Net Profit | -4.21 | -1.03 | 0.73 | -1.09 | -5.66 | -6.43 | -23.32 | -4.53 | -3.09 | 2 | -0.46 | -1.51 |
| EPS in Rs | -2.82 | -0.69 | 0.49 | -0.73 | -3.79 | -4.31 | -15.63 | -3.04 | -2.07 | 1.34 | -0.31 | -1.01 |

### Profit & Loss

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

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 38.16 | 49.18 | 51.52 | 89.12 | 83.4 | 63.73 | 36.51 | 22.68 | 12.73 | 13.26 |
| Expenses | 33.41 | 44.42 | 46.21 | 83.74 | 77.47 | 58.88 | 34.32 | 57.86 | 14.22 | 16.36 |
| Operating Profit | 4.75 | 4.76 | 5.31 | 5.38 | 5.93 | 4.85 | 2.19 | -35.18 | -1.49 | -3.1 |
| OPM % | 12.45 | 9.68 | 10.31 | 6.04 | 7.11 | 7.61 | 6 | -155.11 | -11.7 | -23.38 |
| Other Income | -0.07 | 0.12 | 0.02 | 0.07 | 0.2 | 0.09 | -2.24 | 1.52 | 3.39 | 3.45 |
| Interest | 1.61 | 1.8 | 1.79 | 2.05 | 3.81 | 3.93 | 4.14 | 2.6 | 1.8 | 2.22 |
| Depreciation | 0.46 | 0.5 | 0.56 | 0.64 | 0.84 | 0.92 | 0.81 | 0.68 | 0.64 | 0.64 |
| Profit before tax | 2.61 | 2.58 | 2.98 | 2.76 | 1.48 | 0.09 | -5 | -36.94 | -0.54 | -2.51 |
| Tax % | 33.33 | 33.33 | 34.23 | 22.46 | 20.95 | -977.78 | 3.6 | -1.11 | 96.3 | — |
| Net Profit | 1.74 | 1.71 | 1.96 | 2.15 | 1.17 | 0.98 | -5.17 | -36.53 | -1.06 | -3.06 |
| EPS in Rs | 1.98 | 1.42 | 1.64 | 1.44 | 0.78 | 0.66 | -3.46 | -24.48 | -0.71 | -2.05 |
| 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2.9 | 2.9 | 3.97 | 11.92 | 14.92 | 14.92 | 14.92 | 14.92 | 14.92 | 14.92 |
| Reserves | 1.63 | 3.98 | 8.59 | 2.6 | 13.68 | 14.72 | 15.49 | 10.11 | -26.37 | -27.42 |
| Borrowings | 11.84 | 13 | 13.58 | 15.6 | 26.12 | 31.77 | 30.72 | 27.73 | 27.43 | 32.51 |
| Other Liabilities | 14.24 | 12.25 | 17.62 | 25.35 | 37.71 | 27.87 | 31.6 | 26.55 | 17.96 | 14.54 |
| Total Liabilities | 30.61 | 32.13 | 43.76 | 55.47 | 92.43 | 89.28 | 92.73 | 79.31 | 33.94 | 34.55 |
| Fixed Assets | 10.21 | 10.06 | 11.01 | 11.93 | 13.68 | 16.11 | 12.79 | 12.53 | 11.01 | 10.48 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.01 | 0.01 | 0.01 | 1.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Other Assets | 20.39 | 22.06 | 32.74 | 42.53 | 78.74 | 73.16 | 79.93 | 66.77 | 22.92 | 24.06 |
| Total Assets | 30.61 | 32.13 | 43.76 | 55.47 | 92.43 | 89.28 | 92.73 | 79.31 | 33.94 | 34.55 |

### Cash Flow

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2.42 | 2.39 | -0.71 | 1.1 | -14.22 | -1.68 | 4.96 | 6.8 | 0.55 | -3.25 |
| Cash from Investing Activity | -1.4 | -0.45 | -1.33 | -2.46 | -1.45 | -3.49 | -0.57 | 0.82 | 0.62 | -0.12 |
| Cash from Financing Activity | -0.52 | -2.35 | 2.87 | 0.81 | 18.46 | 1.76 | -4.46 | -7.74 | -1.09 | 3.27 |
| Net Cash Flow | 0.5 | -0.41 | 0.83 | -0.55 | 2.79 | -3.42 | -0.06 | -0.13 | 0.09 | -0.09 |
| Free Cash Flow | 1 | 1.98 | -2.19 | -0.38 | -16.6 | -5.02 | 4.28 | 7.62 | 1.18 | -3.37 |
| CFO/OP | 88 | 59 | -15 | 21 | -256 | -20 | 107 | 313 | -2 | 218 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 91.07 | 92.02 | 110.29 | 157.99 | 175.74 | 149.02 | 182.87 | 245.53 | 232.55 | 80.57 |
| Inventory Days | 120.56 | 130.9 | 139.37 | 166.16 | 142.65 | 198.82 | 298.22 | 448.15 | 37.02 | 38.44 |
| Days Payable | 150.18 | 116.98 | 140.58 | 208.5 | 167.2 | 135.75 | 213.26 | 243.58 | 73.84 | 135.55 |
| Cash Conversion Cycle | 61.44 | 105.93 | 109.08 | 115.65 | 151.19 | 212.09 | 267.84 | 450.1 | 195.73 | -16.55 |
| Working Capital Days | 12.94 | 16.26 | 19.37 | 34.71 | 92.19 | 113.83 | 145.82 | 230.14 | -307.87 | -891.43 |
| ROCE % | 16.3 | 23.72 | 19.12 | 16.96 | 11.34 | 9.23 | 6.56 | 2.56 | -99.36 | 7 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.97% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% |
| Public | 27.03% | 41.7% | 41.7% | 41.7% | 41.7% | 41.7% | 41.7% | 41.69% | 41.69% |
| No. of Shareholders | 213 | 769 | 927 | 988 | 1038 | 2368 | 2667 | 2655 | 2655 |

### Quarterly

| Category | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Mar 2024 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% | 58.3% |
| Public | 41.7% | 41.7% | 41.7% | 41.7% | 41.7% | 41.7% | 41.7% | 41.69% | 41.69% | 41.7% | 41.69% | 41.69% |
| No. of Shareholders | 1024 | 1038 | 1126 | 1227 | 1953 | 2368 | 2668 | 2619 | 2681 | 2667 | 2655 | 2655 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.86 | Buy |
| EMA (10) | 2.87 | Buy |
| SMA (20) | 3 | Sell |
| EMA (20) | 3.02 | Sell |
| SMA (50) | 3.49 | Sell |
| EMA (50) | 3.5 | Sell |
| SMA (100) | 4.35 | Sell |
| EMA (100) | 4.07 | Sell |
| SMA (200) | 4.87 | Sell |
| EMA (200) | 4.68 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.93 | Neutral |
| MACD (12,26,9) | -0.22 | Buy |
| Stochastic (14,3,3) | 36.57 | Neutral |
| ADX (14) | 22.86 | Neutral |
| Williams %R (14) | -42.65 | Neutral |
| ATR (14) | 0.22 | High Volatility |
| ROC (12) | -4.21 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 41.62 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-05-29 | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f62806f-23eb-432b-ae01-6c1dd4e9f7f9.pdf) |
| 2026-05-19 | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a2b2526-8e6e-4e1d-96d7-f84e02961b64.pdf) |
| 2026-05-19 | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02521390-57cc-4c1a-8720-a5f5690285ce.pdf) |
| 2026-05-02 | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a07048c-b62f-4b6a-913d-29360e94e8af.pdf) |
| 2025-10-30 | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39e6c124-eab4-4686-9586-ed5fc68fc6db.pdf) |
| 2025-05-24 | [Corporate Insolvency Resolution Process (CIRP)-Filing of Resolution plan with Tribunal](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a21b0dbd-df34-4200-90d5-7607c18c54c4.pdf) |
| 2025-04-11 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96c40c66-6dbe-4e28-834f-ad58e1b5b9e1.pdf) |
| 2025-04-11 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31b94c4a-9b30-4750-87c2-1d8b23fd4928.pdf) |
| 2025-04-11 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fd8312b-3974-4bc8-a757-754a0a2c3fe0.pdf) |
| 2025-04-11 | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fb623620-9d97-45af-8b55-7dc8e6b96676.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 30 Oct 2025 - NCLT approved Devenkumar Patel's resolution plan; secured creditors to receive Rs13.80 crore; order dated 30/10/2025 | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal 30 Oct 2025 - NCLT approved Devenkumar Patel's resolution plan; secured creditors to receive Rs13.80 crore; order dated 30/10/2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39e6c124-eab4-4686-9586-ed5fc68fc6db.pdf) |
| 24 May 2025 - Payment of Rs.1000 filed for Ambition Mica Ltd NCLT interlocutory application on 22-03-2025. | [Corporate Insolvency Resolution Process (CIRP)-Filing of Resolution plan with Tribunal 24 May 2025 - Payment of Rs.1000 filed for Ambition Mica Ltd NCLT interlocutory application on 22-03-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a21b0dbd-df34-4200-90d5-7607c18c54c4.pdf) |
| 2 May - ₹1,000 payment successful for NCLT IBC interlocutory application on 11-04-2026. | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal 2 May - ₹1,000 payment successful for NCLT IBC interlocutory application on 11-04-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a07048c-b62f-4b6a-913d-29360e94e8af.pdf) |
| 2 May - ₹1,000 payment successful for NCLT IBC interlocutory application on 11-04-2026. | [Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal 2 May - ₹1,000 payment successful for NCLT IBC interlocutory application on 11-04-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7a07048c-b62f-4b6a-913d-29360e94e8af.pdf) |
| 11 Apr 2025 - Tenth Committee of Creditors meeting for Ambition Mica. | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 11 Apr 2025 - Tenth Committee of Creditors meeting for Ambition Mica.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2c47dc73-5262-4459-a617-7f6b0cb498e1.pdf) |
| 11 Apr 2025 - Extension of Corporate Insolvency Resolution Process by 30 days. | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 11 Apr 2025 - Extension of Corporate Insolvency Resolution Process by 30 days.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3aa41981-fd91-463a-8b88-1df936df4777.pdf) |
| 11 Apr 2025 - Eleventh meeting of Committee of Creditors held. | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 11 Apr 2025 - Eleventh meeting of Committee of Creditors held.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac7370d4-a7e6-41a8-ad6c-be652ae2d4b0.pdf) |
| — | [Standalone Financial Results for December 31, 2017 31 Jan 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/1/6551CA0B_EDA6_4297_A5BA_CBB41EC4930C_161809.pdf) |
| — | [Board Meeting Intimation for Results 10 Oct 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/10/2904AC59_F9B1_41EF_A1FF_914522EFB8A0_121343.pdf) |
| — | [Fixes Book Closure for AGM 4 Aug 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/8/AB5697A5_7F66_44EA_8353_E54BCDD5DCFE_122521.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a13b6cbb-837a-402c-8365-7945a9908cd3.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539223/77294539223.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539223/72070539223.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539223/65497539223.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539223/5392230319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539223/5392230318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539223/5392230317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539223/5392230316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/539223/5392230315.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f58f250-3488-4268-8298-9863be6ee629.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/0f58f250-3488-4268-8298-9863be6ee629.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 2026-09-13T18:37:27.080Z.