---
title: "Natco Economicals Ltd (539595) — Share Price, Financials & Analysis"
symbol: "539595"
company: "Natco Economicals Ltd"
canonical: "https://tapetide.com/stocks/539595"
isin: "INE174S01017"
bse_code: "539595"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:59:11.776Z"
---

# Natco Economicals Ltd (539595)

Canonical page: https://tapetide.com/stocks/539595

## Company

- **BSE Code:** 539595
- **ISIN:** INE174S01017
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2016-01-21
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** natecoltd.com

## About

Natco Economicals is engaged in the business of investment and finance related services.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.01% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 400% | 115% | — |
| revenue growth | -5% | 46% | 55% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.09 | 0.09 | 0.09 | 0.08 | 0.09 | 0.09 | 0.29 | 0.13 | 0.2 | 0.1 | 0.14 | 0.13 |
| Expenses | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 | 0.15 | 0.07 | 0.14 | 0.08 | 0.08 | 0.09 |
| Operating Profit | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.14 | 0.06 | 0.06 | 0.02 | 0.06 | 0.04 |
| OPM % | 22.22 | 22.22 | 22.22 | 12.5 | 11.11 | 22.22 | 48.28 | 46.15 | 30 | 20 | 42.86 | 30.77 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 | 0.14 | 0.06 | 0.06 | 0.03 | 0.07 | 0.05 |
| Tax % | -50 | 0 | 0 | 0 | 200 | 0 | 35.71 | 33.33 | 33.33 | 33.33 | 28.57 | 20 |
| Net Profit | 0.02 | 0.02 | 0.02 | 0.01 | -0.01 | 0.02 | 0.09 | 0.04 | 0.04 | 0.02 | 0.05 | 0.03 |
| EPS in Rs | 0.07 | 0.07 | 0.07 | 0.03 | -0.03 | 0.07 | 0.3 | 0.13 | 0.13 | 0.07 | 0.17 | 0.1 |

### Profit & Loss

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.05 | 0.06 | 0.08 | 0.08 | 0.09 | 0.23 | 0.28 | 0.34 | 0.72 | 0.57 |
| Expenses | 0.03 | 0.05 | 0.06 | 0.07 | 0.07 | 0.2 | 0.43 | 0.28 | 0.43 | 0.39 |
| Operating Profit | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.03 | -0.15 | 0.06 | 0.29 | 0.18 |
| OPM % | 40 | 16.67 | 25 | 12.5 | 22.22 | 13.04 | -53.57 | 17.65 | 40.28 | 31.58 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.03 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.01 | 0 | 0 | 0 | 0.01 | 0.03 | -0.15 | 0.06 | 0.29 | 0.21 |
| Tax % | 0 | — | — | — | 0 | 33.33 | 0 | 33.33 | 31.03 | — |
| Net Profit | 0.01 | 0 | 0 | 0 | 0.01 | 0.02 | -0.16 | 0.04 | 0.2 | 0.14 |
| EPS in Rs | 0.03 | 0 | 0 | 0 | 0.03 | 0.07 | -0.53 | 0.13 | 0.67 | 0.47 |
| Dividend Payout % | 0 | — | — | — | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | -0.12 | -0.08 | 0.12 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.09 |
| Total Liabilities | 3 | 3.01 | 3.01 | 3.01 | 3.02 | 3.03 | 3.05 | 2.89 | 2.94 | 3.21 |
| Fixed Assets | 0 | 0.02 | 0.06 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.35 | 0.12 | 0.12 | 0.25 | 0.25 | 0.25 | 0.25 | 0.18 | 0.18 | 0.75 |
| Other Assets | 2.65 | 2.87 | 2.83 | 2.7 | 2.72 | 2.74 | 2.76 | 2.67 | 2.73 | 2.43 |
| Total Assets | 3 | 3.01 | 3.01 | 3.01 | 3.02 | 3.03 | 3.05 | 2.89 | 2.94 | 3.21 |

### Cash Flow

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 0 | 0 | -0.01 | -0.04 | -0.27 | -0.36 | -0.36 | 0.29 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0.07 | 0.08 | 0.23 | 0.36 | 0.34 | -0.36 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0.06 | 0.04 | -0.03 | 0 | -0.02 | -0.07 |
| Free Cash Flow | 0 | 0 | 0 | 0 | -0.01 | -0.04 | -0.27 | -0.36 | -0.36 | 0.29 |
| CFO/OP | 0 | 0 | 0 | 0 | -100 | -200 | -900 | 240 | -600 | 131 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 96360 | 20732 | 8212.5 | 5566.25 | 11908.12 | 10503.89 | 4189.57 | 3350.18 | 2812.65 | 1176.11 |
| ROCE % | — | 0.33 | 0 | 0 | 0 | 0.33 | 0.99 | -4.73 | 2.07 | 9.6 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Dec 2018 |
| --- | --- | --- | --- |
| Promoters | 11.02% | 11.02% | 11.02% |
| Public | 88.98% | 88.98% | 88.98% |
| No. of Shareholders | 548 | 560 | 526 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 11.02% | 11.02% | 11.02% | 11.02% | 11.02% | 11.02% | 11.02% | 11.02% | 11.02% | 11.02% | 11.02% |
| Public | 88.98% | 88.98% | 88.98% | 88.98% | 88.98% | 88.98% | 88.98% | 88.98% | 88.98% | 88.98% | 88.98% |
| No. of Shareholders | 519 | 501 | 502 | 548 | 570 | 554 | 573 | 560 | 579 | 558 | 526 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 13 Jul 2020 - Of order of Liquidation of M/s Nu Tek India Ltd and appointment of Mr. Vineet Aggarwal as Liquidator. | [Intimation of Order of Liquidation & Appointment of Liquidator 13 Jul 2020 - Of order of Liquidation of M/s Nu Tek India Ltd and appointment of Mr. Vineet Aggarwal as Liquidator.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/CD2603EB-183A-4EF8-ABCD-5851C47D9739-131855.pdf) |
| 13 Feb 2019 - Approval of standalone un-audited financial results for Q3 2018-19. | [Outcome of Board Meeting 13 Feb 2019 - Approval of standalone un-audited financial results for Q3 2018-19.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=29f8a3c5-797a-44e1-b61f-0c5bdad4ffec.pdf) |
| 13 Feb 2019 - Approval of standalone un-audited financial results for Q3 2018-19. | [Outcome of Board Meeting 13 Feb 2019 - Approval of standalone un-audited financial results for Q3 2018-19.](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/2/29f8a3c5-797a-44e1-b61f-0c5bdad4ffec.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Appointment of Interim Resolution Professional (IRP) 27 Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ed9edf0-bbc1-4c55-b614-415d47ce4d6d.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 3 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/723c0b74-295b-47f7-b60e-640c4220b7c3.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 2 May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4b4a569-8f3e-4ace-add3-13f727c46e9f.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 28 Feb 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4810d129-0049-4274-ab56-875ac95a7d90.pdf) |
| — | [Revised Results-Financial Result For The 12/31/2018 14 Feb 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb2a6c18-e2f7-4c06-b15f-ea509d084be4.pdf) |
| — | [Revised Results-Financial Result For The 12/31/2018 14 Feb 2019](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/2/eb2a6c18-e2f7-4c06-b15f-ea509d084be4.pdf) |
| — | [Results-Financial Result For The 12/31/2018 13 Feb 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4100f3b-a5e7-45ba-9faa-df4beac38ed0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_NUTEK_2011_2012_21082012102425.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_NUTEK_2010_2011_02072012111749.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_NUTEK_2009_2010_23092010120000.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539595/5395950318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/533015/5330150317.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539595/5395950317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/533015/5330150316.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539595/5395950316.pdf) |
| from bse | [Financial Year 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/533015/5330150315.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2015/NATCO_ECONOMICALS_LTD-539595-MARCH-2015.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 2026-09-13T18:59:11.776Z.