---
title: "Apple Credit Corporation Ltd (APPLECREDT) — Share Price, Financials & Analysis"
symbol: "APPLECREDT"
company: "Apple Credit Corporation Ltd"
canonical: "https://tapetide.com/stocks/APPLECREDT"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:52:17.128Z"
---

# Apple Credit Corporation Ltd (APPLECREDT)

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

## Company

- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** accl.net.in; www.atl.net.in

## About

Abhayam Trading carries on the business of Hire Purchase and Leasing ,primarily in the transport sector, as a Non Banking Finance Company.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -27% | 9% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.15 | 0.1 | 0.15 | 0.1 | 0.15 | 0.13 | 0.09 | 0.07 | 0.17 | 0.08 | 0.35 | 0.08 |
| Financing Profit | -0.15 | -0.1 | -0.15 | -0.1 | -0.15 | -0.13 | -0.09 | -0.07 | -0.17 | -0.08 | -0.35 | -0.09 |
| Other Income | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.13 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.1 | -0.1 | -0.15 | -0.1 | -0.15 | -0.13 | -0.09 | -0.07 | -0.17 | -0.08 | -0.22 | -0.09 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.1 | -0.1 | -0.15 | -0.1 | -0.15 | -0.13 | -0.09 | -0.07 | -0.17 | -0.08 | -0.22 | -0.09 |
| EPS in Rs | -0.05 | -0.05 | -0.08 | -0.05 | -0.08 | -0.07 | -0.05 | -0.04 | -0.09 | -0.04 | -0.11 | -0.05 |

### Profit & Loss

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 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | -1.05 | 0.39 | 2.4 | 2.81 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| Expenses | 1.05 | 0.92 | 1.27 | 2.74 | 0.43 | 0.47 | 0.49 | 0.47 | 0.43 | 0.68 |
| Financing Profit | -2.36 | -0.53 | 1.13 | 0.07 | -0.42 | -0.46 | -0.49 | -0.47 | -0.43 | -0.69 |
| Financing Margin % | 224.76 | -135.9 | 47.08 | 2.49 | -4200 | -4600 | — | — | — | — |
| Other Income | 0.03 | 1.56 | 0 | 1.35 | 0 | 0.03 | 0.05 | 0 | 0.13 | 0.13 |
| Interest | 0.26 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| Depreciation | 0.07 | 0.02 | 0.01 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2.4 | 1.01 | 1.12 | 1.37 | -0.42 | -0.43 | -0.44 | -0.47 | -0.3 | -0.56 |
| Tax % | 0.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -2.41 | 1.01 | 1.12 | 1.37 | -0.43 | -0.43 | -0.44 | -0.47 | -0.3 | -0.56 |
| EPS in Rs | -1.24 | 0.52 | 0.58 | 0.71 | -0.22 | -0.22 | -0.23 | -0.24 | -0.15 | -0.29 |
| 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 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 19.42 | 19.42 | 19.42 | 19.42 | 19.42 | 19.42 | 19.42 | 19.42 | 19.42 | 19.42 |
| Reserves | -39.3 | -41.71 | -40.7 | -39.58 | -38.21 | -38.64 | -39.07 | -39.52 | -39.99 | -40.29 |
| Borrowing | 13.5 | 12.86 | 12.44 | 10.15 | 9.41 | 9.56 | 9.91 | 10.34 | 10.73 | 10.98 |
| Other Liabilities | 57.28 | 57.68 | 10.25 | 53.42 | 43 | 44.23 | 44.14 | 44.12 | 44.13 | 9.98 |
| Total Liabilities | 50.9 | 48.25 | 1.41 | 43.41 | 33.62 | 34.57 | 34.4 | 34.36 | 34.29 | 0.09 |
| Fixed Assets | 0.73 | 0.67 | 0.33 | 0.17 | 0.12 | 0.12 | 0.12 | 0.07 | 0.07 | 0.07 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.93 | 0.88 | 0.85 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 49.24 | 46.7 | 0.23 | 43.24 | 33.5 | 34.45 | 34.28 | 34.29 | 34.22 | 0.02 |
| Total Assets | 50.9 | 48.25 | 1.41 | 43.41 | 33.62 | 34.57 | 34.4 | 34.36 | 34.29 | 0.09 |

### Cash Flow

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3.83 | 0.02 | 0.13 | 2.03 | 0.7 | -0.42 | -0.48 | -0.52 | -0.36 | -0.27 |
| Cash from Investing Activity | 0.07 | 0.12 | 0.07 | 0.05 | 0.44 | 0 | 0 | 0.08 | 0 | 0 |
| Cash from Financing Activity | -4.61 | -0.64 | -0.42 | -2.29 | -0.74 | 0.16 | 0.35 | 0.43 | 0.39 | 0.25 |
| Net Cash Flow | -0.71 | -0.5 | -0.22 | -0.21 | 0.4 | -0.26 | -0.13 | -0.01 | 0.02 | -0.02 |
| Free Cash Flow | 3.85 | 0.01 | 0.16 | 2.08 | 0.7 | -0.42 | -0.48 | -0.44 | -0.36 | -0.27 |
| CFO/OP | -255 | 0 | -151 | 180 | 1886 | 98 | 104 | 106 | 77 | 63 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 37 | 45 | 96 | 93 | 494 | 399 |
| Inventory Days | 3 | 0 | 0 | 0 | — | — |
| Days Payable | 50 | — | — | — | — | — |
| Cash Conversion Cycle | -10 | 45 | 96 | 93 | 494 | 399 |
| Working Capital Days | 7 | 45 | 130 | -114 | -99 | -189 |
| ROCE % | — | -4 | -7 | -2 | -24 | -32 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Sep 2017 |
| --- | --- | --- |
| DIIs | 21.9% | 21.9% |
| Public | 78.1% | 78.1% |
| No. of Shareholders | 31125 | 31128 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 |
| --- | --- | --- | --- | --- | --- | --- |
| DIIs | 21.9% | 21.9% | 21.9% | 21.9% | 21.9% | 21.9% |
| Public | 78.1% | 78.1% | 78.1% | 78.1% | 78.1% | 78.1% |
| No. of Shareholders | 31125 | 31126 | 31124 | 31125 | 31128 | 31128 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Unaudited Q3 results for Dec 31, 2025; CFO resigned effective Feb 09, 2026; two independents reappointed. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 9 Feb - Unaudited Q3 results for Dec 31, 2025; CFO resigned effective Feb 09, 2026; two independents reappointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05bcf7b8-b373-463b-90c3-1bda9def87a4.pdf) |
| 9 Feb - Unaudited Q3 results approved; CFO Prashant Thakar resigned Feb 9, 2026; two independent directors reappointed (Feb 17, 2026–2031). | [Re-Appointment Of Mr. Shail Shah (DIN: 06432640) And Mr. Ritesh Chothani (DIN: 09070982) As The Independent Directors Of The Company, For The Second Term Of 5 Years, Subject To The Approval Of Shareholders Via Postal Ballot. 9 Feb - Unaudited Q3 results approved; CFO Prashant Thakar resigned Feb 9, 2026; two independent directors reappointed (Feb 17, 2026–2031).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76bb97db-84b4-43d1-9033-ed9d0a08c629.pdf) |
| 9 Feb - Board approved Q3 Dec 31, 2025 results; CFO Prashant Thakar resigned Feb 09, 2026; two independent directors to be reappointed. | [Change In Designation From WTD To Non Executive Director. 9 Feb - Board approved Q3 Dec 31, 2025 results; CFO Prashant Thakar resigned Feb 09, 2026; two independent directors to be reappointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7dd5047-3c75-416b-a340-e6f41d803f80.pdf) |
| 11 Feb - Newspaper publication for the unaudited financial results for the quarter ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Feb - Newspaper publication for the unaudited financial results for the quarter ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b600d83-d28d-4f3f-8cce-bb3f69370b85.pdf) |
| — | [Un-Audited Financial Results For The Quarter Ended 31St December, 2025. 9 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91c3e8ac-5397-4f4f-a983-431bc8e47503.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ad59054-77e0-4ef8-8fb6-e426a61d2406.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81408692-ee38-4aa1-a366-13fd3f63dda0.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3361aba0-1f20-4970-b6cd-a3f66a6cc502.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543281/76587543281.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/543281/71630543281.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 2026-09-13T18:52:17.128Z.