---
title: "Finelistings Technologies Ltd (544173) — Share Price, Financials & Analysis"
symbol: "544173"
company: "Finelistings Technologies Ltd"
canonical: "https://tapetide.com/stocks/544173"
isin: "INE0QOQ01013"
nse_symbol: "FINELISTINGSTECHNOLOGIESLTD"
bse_code: "544173"
sector: "Retail"
industry: "Ecommerce"
market_cap_cr: 5.35
generated_at: "2026-09-13T19:54:21.409Z"
---

# Finelistings Technologies Ltd (544173)

Canonical page: https://tapetide.com/stocks/544173

## Company

- **NSE Symbol:** FINELISTINGSTECHNOLOGIESLTD
- **BSE Code:** 544173
- **ISIN:** INE0QOQ01013
- **Sector:** Retail
- **Industry:** Ecommerce
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-05-14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** finecars.co.in

## About

Incorporated in 2018, Finelistings Technologies Ltd provides a platform for used luxury cars, 
and is also in the business of IT Consultancy 
& Software Development[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:34:25.132648Z.

- **Market Cap:** ₹5.35 Cr
- **Classification:** SME
- **P/E (reported):** -1.5
- **EPS (reported):** ₹4.78
- **Book Value:** ₹29.93
- **Price to Book:** 0.47
- **Dividend Yield:** 0%
- **ROE:** -30.77%
- **ROCE:** -27.46%
- **Debt to Equity:** 0.13
- **Revenue (yearly):** ₹6 Cr
- **Net Income:** ₹-3.3 Cr
- **EBITDA:** ₹-2.1 Cr
- **52-Week High:** ₹33.61
- **52-Week Low:** ₹9.93
- **RSI (14):** 60.72

## Key Insights

### Strengths

- Stock is trading at 0.45 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -20.3% over last 3 years.
- Debtor days have increased from 34.6 to 46.2 days.
- Working capital days have increased from 222 days to 406 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 96.99% | -134.25% | 54.55% |
| ebitda margin growth | 104.16% | -286.27% | — |
| net income growth | -13.16% | -294.12% | — |
| revenue growth | -68.75% | -24% | 33% |
| roce | 14.42% | -157.38% | 14.02% |
| roe | 16.16% | -7.88% | 77.04% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 7.94 | 5.66 | 11.81 | 7.34 | 4.54 | 1.47 |
| Expenses | 6.43 | 4.64 | 13.15 | 9.3 | 5.8 | 2.32 |
| Operating Profit | 1.51 | 1.02 | -1.34 | -1.96 | -1.26 | -0.85 |
| OPM % | 19.02 | 18.02 | -11.35 | -26.7 | -27.75 | -57.82 |
| Other Income | 0 | 0.02 | 0.02 | 0.01 | 0 | 0.01 |
| Interest | 0.04 | 0.1 | 0.11 | 0.09 | 0.06 | 0.11 |
| Depreciation | 0.02 | 0.04 | 0.04 | 0.14 | 0.52 | 0.53 |
| Profit before tax | 1.45 | 0.9 | -1.47 | -2.18 | -1.84 | -1.48 |
| Tax % | 26.21 | 26.67 | -16.33 | 16.51 | 2.17 | -1.35 |
| Net Profit | 1.07 | 0.67 | -1.24 | -2.53 | -1.89 | -1.46 |
| EPS in Rs | 4.22 | 2.64 | -3.41 | -6.96 | -5.2 | -4.02 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.17 | 1.46 | 6.94 | 13.89 | 13.59 | 19.15 | 6.01 |
| Expenses | 0.27 | 1.69 | 6.92 | 11.38 | 11.05 | 22.45 | 8.12 |
| Operating Profit | -0.1 | -0.23 | 0.02 | 2.51 | 2.54 | -3.3 | -2.11 |
| OPM % | -58.82 | -15.75 | 0.29 | 18.07 | 18.69 | -17.23 | -35.11 |
| Other Income | 0.06 | 0 | 0 | 0.02 | 0.01 | 0.03 | 0.01 |
| Interest | 0 | 0 | 0.04 | 0.15 | 0.14 | 0.2 | 0.17 |
| Depreciation | 0 | 0.01 | 0.01 | 0.03 | 0.06 | 0.18 | 1.05 |
| Profit before tax | -0.04 | -0.24 | -0.03 | 2.35 | 2.35 | -3.65 | -3.32 |
| Tax % | 0 | -25 | 166.67 | 23.4 | 26.38 | 3.29 | 0.9 |
| Net Profit | -0.04 | -0.17 | -0.08 | 1.81 | 1.74 | -3.77 | -3.35 |
| EPS in Rs | -40 | -150.44 | -70.8 | 7.14 | 6.86 | -10.37 | -9.21 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 0.01 | 2.54 | 2.54 | 3.64 | 3.64 |
| Reserves | -0.03 | 0.55 | 0.47 | 0.89 | 2.63 | 10.59 | 7.25 |
| Borrowings | 0 | 0 | 1 | 1.25 | 1.1 | 0.69 | 1.41 |
| Other Liabilities | 0.06 | 0.03 | 0.06 | 5.39 | 1.28 | 0.54 | 0.44 |
| Total Liabilities | 0.04 | 0.59 | 1.54 | 10.07 | 7.55 | 15.46 | 12.74 |
| Fixed Assets | 0 | 0.09 | 0.08 | 0.21 | 0.52 | 5.44 | 4.63 |
| CWIP | 0 | 0 | 0.09 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.02 | 0 | 0.05 | 0 | 0 |
| Other Assets | 0.04 | 0.5 | 1.35 | 9.86 | 6.98 | 10.02 | 8.11 |
| Total Assets | 0.04 | 0.59 | 1.54 | 10.07 | 7.55 | 15.46 | 12.74 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.02 | -0.47 | -0.55 | -0.5 | 0.73 | -8.3 | -0.25 |
| Cash from Investing Activity | 0 | -0.09 | -0.1 | -0.16 | -0.42 | -5.04 | -0.23 |
| Cash from Financing Activity | -0.1 | 0.75 | 0.96 | 1.35 | -0.29 | 12.23 | 0.55 |
| Net Cash Flow | -0.12 | 0.18 | 0.32 | 0.69 | 0.02 | -1.12 | 0.07 |
| Free Cash Flow | -0.02 | -0.56 | -0.65 | -0.66 | 0.36 | -13.4 | -0.49 |
| CFO/OP | 20 | 204 | -2750 | 2 | 51 | 252 | 12 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 21.47 | 0 | 24.72 | 189.46 | 3.22 | 54.51 | 46.16 |
| Inventory Days | — | 67.7 | 19.3 | 55.3 | 330.99 | 61.46 | 122.29 |
| Days Payable | — | 2.94 | 0 | 215.42 | 12.44 | 1.78 | 3.14 |
| Cash Conversion Cycle | 21.47 | 64.76 | 44.02 | 29.35 | 321.77 | 114.2 | 165.31 |
| Working Capital Days | -85.88 | 55 | -12.62 | 52.56 | 91.32 | 168.3 | 405.69 |
| ROCE % | — | -88.89 | 0.98 | 81.17 | 45.48 | -32.56 | -23.14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 49.98% | 49.98% | 49.98% | 49.98% |
| FIIs | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% |
| Public | 43.9% | 45.05% | 45.14% | 44.83% |
| Others | 6.12% | 4.97% | 4.89% | 5.19% |
| No. of Shareholders | 629 | 586 | 572 | 545 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 7 / 4 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 12.25 | Buy |
| EMA (10) | 12.61 | Buy |
| SMA (20) | 11.97 | Buy |
| EMA (20) | 12.41 | Buy |
| SMA (50) | 14.11 | Sell |
| EMA (50) | 13.41 | Sell |
| SMA (100) | 14.66 | Sell |
| EMA (100) | 15.32 | Sell |
| SMA (200) | 19.83 | Sell |
| EMA (200) | 20.87 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.8 | Neutral |
| MACD (12,26,9) | -0.06 | Buy |
| Stochastic (14,3,3) | 90.7 | Sell |
| ADX (14) | 36.58 | Buy |
| Williams %R (14) | -27.41 | Neutral |
| ATR (14) | 0.69 | High Volatility |
| ROC (12) | 22.04 | Buy |
| Stoch RSI (14) | 84.76 | Sell |
| UO (7,14,28) | 57.32 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4bf5eb6d-8e64-4774-8343-b7856a16aa4a.pdf) |
| 2026-09-01 | [Voting Results For Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=186b6cdb-494d-4d83-989d-9468d89daedb.pdf) |
| 2026-08-29 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3bd144c-6fc2-4de7-ab7a-31f5351b51bf.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5544db59-711a-4214-8dfd-2c36b9b57265.pdf) |
| 2026-08-05 | [Board Meeting Outcome for Outcome Of Board Meeting & Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05bd7032-8539-441f-a921-f484f0bb1e4c.pdf) |
| 2026-08-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5009216e-2f1e-4490-b64e-97c9de232e93.pdf) |
| 2026-08-05 | [Notice Of Annual General Meeting For The FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f1323f8-497d-4367-b813-d20af52bd4dd.pdf) |
| 2026-08-05 | [Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligation And Disclosure Requirement) Regulation 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae27d1b1-5af5-44dd-a094-dc17baf16c4c.pdf) |
| 2026-07-17 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27e0d0ab-42f8-42b1-957c-467b0e7ac7a4.pdf) |
| 2026-07-03 | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b0d4772c-b89d-47a4-9c7c-e4f97d231619.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-28 | [Submission Of Audited Financials Results For The Half Year And Year Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=984c8ce5-3d42-4e7d-8d53-e65ee57dff6e.pdf) |
| 2025-11-12 | [Submission Of Financial Results For The Half Year Ended On 30Th September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce51c1a1-c74c-4622-9255-edcdd249884d.pdf) |
| 2025-05-26 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f3f3a8a-7d56-43c5-adc3-2f118885b096.pdf) |
| 2024-11-14 | [Submission Of Unaudited Financial Results For The Half Year Ended On 30Th September, 2024 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a74dda8-e626-459d-86b2-f73d4accff7b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jan - Registered office moved to 5th Floor, Eros Corporate Tower, Nehru Place, Delhi, effective 8 Jan 2026. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 8 Jan - Registered office moved to 5th Floor, Eros Corporate Tower, Nehru Place, Delhi, effective 8 Jan 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9408e7f-595a-40b2-b978-06a657fd8168.pdf) |
| 7 Apr - Finelistings Technologies signed collaboration with Hanura Tradex to expand used luxury car retail, sharing net profit 70:30. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 7 Apr - Finelistings Technologies signed collaboration with Hanura Tradex to expand used luxury car retail, sharing net profit 70:30.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50c3e925-b745-4f3e-8086-04c57dd6d96c.pdf) |
| 30 Mar - Board approved MOA object clause expansion; postal ballot e-voting 31 Mar–29 Apr 2026. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 30 Mar - Board approved MOA object clause expansion; postal ballot e-voting 31 Mar–29 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/48f741c7-2c00-4b91-8a7f-b4cd3daf90d1.pdf) |
| 30 Mar - Board approved MOA change adding e-commerce, aviation, hospitality, real estate; postal ballot e-voting 31 Mar–29 Apr 2026. | [Board Meeting Outcome for Outcome And Intimation Of The Board Meeting Held Today I.E. 30Th March, 2026 30 Mar - Board approved MOA change adding e-commerce, aviation, hospitality, real estate; postal ballot e-voting 31 Mar–29 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d8ca10b-80d4-4cc1-92df-dee6bed8e056.pdf) |
| 30 Apr - Finelistings Technologies confirms it is not a large corporate under SEBI debt-borrowing framework. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Finelistings Technologies confirms it is not a large corporate under SEBI debt-borrowing framework.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3f9c8f6-62b3-4b60-a01f-caaf61819987.pdf) |
| 30 Apr - Finelistings Technologies confirms it is not a large corporate under SEBI debt-borrowing framework. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Finelistings Technologies confirms it is not a large corporate under SEBI debt-borrowing framework.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c3f9c8f6-62b3-4b60-a01f-caaf61819987.pdf) |
| 3 Mar - Notice of Special Window for Relodgement of Transfer Requests of Physical Shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Mar - Notice of Special Window for Relodgement of Transfer Requests of Physical Shares](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e61b31d4-2822-474d-980d-416f9d44119c.pdf) |
| 3 Feb - Independent director Ish Sadana appointed; Drashtiben Dedaniya resigned; committees reconstituted effective 3 Feb 2026. | [Board Meeting Outcome for Outcome And Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 3 Feb - Independent director Ish Sadana appointed; Drashtiben Dedaniya resigned; committees reconstituted effective 3 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b118e76-d2f7-42c5-9ac6-6b3ed5bdbb9c.pdf) |
| 3 Feb - Independent director Ish Sadana appointed; Drashtiben Dedaniya resigned; Audit and NRC reconstituted effective 3 Feb 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 3 Feb - Independent director Ish Sadana appointed; Drashtiben Dedaniya resigned; Audit and NRC reconstituted effective 3 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1bab8f0f-288b-46cf-b671-d9cc201b6891.pdf) |
| 3 Feb - Appointment of Ish Sadana; resignation of Drashtiben Dedaniya; Audit/NRC reconstituted effective 3 Feb 2026. | [Announcement under Regulation 30 (LODR)-Change in Directorate 3 Feb - Appointment of Ish Sadana; resignation of Drashtiben Dedaniya; Audit/NRC reconstituted effective 3 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ffa74475-1302-4707-a60b-471dfd85b6ff.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_988_RUCHIRA_2012_2013_13082013104355.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5009216e-2f1e-4490-b64e-97c9de232e93.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f8af0ec-8b35-42a4-91f7-087f4d18db0d.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad33bbfc-1103-4291-bd45-877a769c7e51.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0160ff53-ca11-469a-9851-18b92405c83f.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d013c73-3e70-4bea-9eeb-74779158aa3d.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94379f79-51e8-4171-b202-b884137f8ce4.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532785/77308532785.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532785/70888532785.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532785/65450532785.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f6871ea-6d67-41b2-a9da-1c0b8dceb384.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/65d6e8bf-e9c6-4d43-b063-3f6cc465823c.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/48d77286-0a35-465d-ac3c-4637d29536ef.pdf) |
| Jun 2019 | [Concall - Jun 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/565827e6-d4b3-48d1-ab0e-1e657b94863a.pdf) |
| Jun 2018 | [Concall - Jun 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/bc217afe-f46b-4638-807a-2437ecd82f46.pdf) |
| Jun 2017 | [Concall - Jun 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/dd658b56-329f-4a0e-b7e5-6d135a564be5.pdf) |
| Feb 2020 | [Concall - Feb 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef94c437-7ce5-4e7b-945e-8e5a76fc0046.pdf) |
| Feb 2019 | [Concall - Feb 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/16d4e9f4-f488-49b3-8b52-291aa4714437.pdf) |
| Feb 2017 | [Concall - Feb 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=EF0084AD_632F_4D83_A3A0_DA0D845652D0_165419.pdf) |
| Aug 2019 | [Concall - Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06177a38-0669-4cf5-b084-399bc014529c.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 2026-09-13T19:54:21.409Z.