Heads UP Ventures
Textiles
HEADSUP NSE
₹5.43 No trade today
- P/E
- Not meaningful: loss-making over the last twelve months
Close 4 Nov 2026 ₹5.43 −4.99 −47.9% 1Y
Start ₹10.42
Key Fundamentals
MicrocapTextilesConsumer DiscretionaryPrice-based figures as of · EPS basis: Standalone · TTM
- ROCE
- 1.57%
- Debt to Equity
- 0.00
- EPS (TTM)
- −₹1.35
- Book Value
- ₹6.94
- Market Cap
- —
- P/E (TTM)
- Not meaningful: loss-making over the last twelve months
- P/B
- 0.78
- ROE
- −0.20%
- Dividend Yield
- 0.00%
- EBITDA
- −₹1.54 Cr
- 52W High
- ₹10.90
- 52W Low
- ₹4.73
- Volume
- 0
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
35 Poor
Data confidence 88/100
Category scores
- Quality
- 14
- Poor
- Returns, margins, earnings quality 22% weight
- Valuation
- 49
- Average
- Cheap vs sector & own history 24% weight
- Growth
- 4
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 46
- Average
- Solvency, leverage, coverage 9% weight
- Momentum
- 18
- Poor
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company is almost debt free.
- Stock is trading at 0.91 times its book value
- Company's working capital requirements have reduced from 3,302 days to 119 days
Weaknesses
5- Company has low interest coverage ratio.
- Promoter holding is low: 13.6%
- Company has a low return on equity of -6.43% over last 3 years.
- Company has high debtors of 377 days.
- Promoter holding has decreased over last 3 years: -19.6%
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 6 | 1 |
| Oscillators | Bearish | 2 | 6 | 1 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Bearish
Bearish
2
Neutral
6
Bullish
1
Overall
Strong Bearish
Bearish
12
Neutral
6
Bullish
1
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 37.73
- Neutral
- MACD (12,26,9)
- −0.25
- Bearish
- SMA (50)
- 6.45
- Bearish
- SMA (200)
- 7.13
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −22.41% |
|---|---|
| 5Y | +108.31% |
| 3Y | +187.02% |
| 1Y | Tiny base |
| TTM | −55.42% |
Net profit
| 10Y | Turned to loss |
|---|---|
| 5Y | Loss narrowed by ₹2.76 Cr |
| 3Y | Loss narrowed by ₹9.63 Cr |
| 1Y | Turned to loss |
| TTM | Turned to loss |
Operating cash flow
| 10Y | Turned negative |
|---|---|
| 5Y | Turned negative |
| 3Y | Outflow narrowed by ₹8.51 Cr |
| 1Y | Turned negative |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −27.44 pp |
|---|---|
| 5Y | Tiny sales |
| 3Y | Tiny sales |
| 1Y | −63.53 pp |
| TTM | −90.43 pp |
Revenue by year
| Mar 2017 | ₹260 Cr |
|---|---|
| Mar 2018 | ₹259 Cr |
| Mar 2019 | ₹220 Cr |
| Mar 2020 | ₹152 Cr |
| Mar 2021 | ₹0.44 Cr |
| Mar 2022 | ₹0.97 Cr |
| Mar 2023 | ₹0.73 Cr |
| Mar 2024 | ₹0.63 Cr |
| Mar 2025 | ₹1.41 Cr |
| Mar 2026 | ₹17.26 Cr |
Net profit by year
| Mar 2017 | ₹13.98 Cr |
|---|---|
| Mar 2018 | ₹9.03 Cr |
| Mar 2019 | −₹0.59 Cr |
| Mar 2020 | −₹31.05 Cr |
| Mar 2021 | −₹2.79 Cr |
| Mar 2022 | −₹5.36 Cr |
| Mar 2023 | −₹9.66 Cr |
| Mar 2024 | −₹4.32 Cr |
| Mar 2025 | ₹1.39 Cr |
| Mar 2026 | −₹0.03 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.44 | 0.03 | 0 | 0.16 | 0 | 0 | 0.15 | 1.27 | 11.5 | 2.96 | 0 | 2.8 | 0 |
| Expenses | 1.29 | 0.89 | 0.73 | 2.15 | 0.41 | 0.04 | 0.06 | 0.14 | 9.34 | 2.94 | 0.61 | 5.91 | 0.02 |
| Operating Profit | −0.85 | −0.86 | −0.73 | −1.99 | −0.41 | −0.04 | 0.09 | 1.13 | 2.16 | 0.02 | −0.61 | −3.11 | −0.02 |
| OPM % | −193.18% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | — | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | — | — | 60% | 88.98% | 18.78% | 0.68% | — | −111.07% | — |
| Other Income | 0 | 0.1 | 0.02 | 0.04 | 0.18 | 0.32 | 0.17 | 0.17 | 0.75 | 1.03 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.02 | 0.02 | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| PBT | −0.86 | −0.78 | −0.72 | −1.96 | −0.23 | 0.28 | 0.26 | 1.29 | 2.91 | 1.05 | −0.61 | −3.11 | −0.02 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 3.57% | 0% | 14.73% | 0% | 24.76% | 0% | 0% | 0% |
| Net Profit | −0.86 | −0.78 | −0.72 | −1.96 | −0.23 | 0.27 | 0.26 | 1.1 | 2.91 | 0.78 | −0.61 | −3.11 | −0.02 |
| EPS (₹) | −0.39 | −0.35 | −0.33 | −0.89 | −0.1 | 0.12 | 0.12 | 0.5 | 1.32 | 0.35 | −0.28 | −1.41 | −0.01 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 172 | 218 | 260 | 259 | 220 | 152 | 0.44 | 0.97 | 0.73 | 0.63 | 1.41 | 17.26 | 5.76 |
| Expenses | 128 | 178 | 232 | 239 | 214 | 161 | 8.11 | 7.34 | 10.72 | 5.05 | 0.64 | 18.8 | 9.48 |
| Operating Profit | 44.07 | 40.4 | 27.53 | 20.55 | 6.08 | −8.73 | −7.67 | −6.37 | −9.99 | −4.42 | 0.77 | −1.54 | −3.72 |
| OPM % | 25.64% | 18.52% | 10.61% | 7.92% | 2.77% | −5.75% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | −656.7% | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | −701.59% | 54.61% | −8.92% | −64.58% |
| Other Income | 0.92 | 1.23 | 1.77 | 1.01 | 0.97 | 8.5 | 5.13 | 1.54 | 0.78 | 0.16 | 0.84 | 1.78 | 1.03 |
| Interest | 11.47 | 5.88 | 3.08 | 2.37 | 3.09 | 7.7 | 0.2 | 0.49 | 0.5 | 0 | 0 | 0 | 0 |
| Depreciation | 2.35 | 2.99 | 3.4 | 3.67 | 3.86 | 14.01 | 0.05 | 0.04 | 0.04 | 0.05 | 0.01 | 0 | 0 |
| PBT | 31.17 | 32.76 | 22.82 | 15.52 | 0.1 | −21.94 | −2.79 | −5.36 | −9.75 | −4.31 | 1.6 | 0.24 | −2.69 |
| Tax % | 35.29% | 34.65% | 38.74% | 41.75% | 690% | 41.52% | 0% | 0% | −0.92% | 0% | 12.5% | 112.5% | — |
| Net Profit | 20.17 | 21.42 | 13.98 | 9.03 | −0.59 | −31.05 | −2.79 | −5.36 | −9.66 | −4.32 | 1.39 | −0.03 | −2.96 |
| EPS (₹) | — | — | 6.33 | 4.09 | −0.27 | −14.06 | −1.26 | −2.43 | −4.37 | −1.96 | 0.63 | −0.01 | −1.35 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 |
| Reserves | 42.16 | 63.58 | 36.21 | 45.34 | 44.76 | 13.93 | 11.07 | 5.69 | −3.93 | −8.14 | −6.75 | −6.75 |
| Borrowings | 38.9 | 19.93 | 8.08 | 7.5 | 8.46 | 2.29 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 29.74 | 64.25 | 66.74 | 59.41 | 45.22 | 19.18 | 10.9 | 7.38 | 3.34 | 2.33 | 2.93 | 29.76 |
| Total Liabilities | 111 | 148 | 133 | 134 | 121 | 57.48 | 44.05 | 35.15 | 21.49 | 16.27 | 18.26 | 45.09 |
| Fixed Assets | 21.81 | 24.68 | 24.86 | 26.05 | 22.58 | 1.7 | 0.15 | 0.12 | 0.24 | 0.17 | 0.15 | 0.15 |
| CWIP | 0 | 0 | 0.04 | 0.01 | 0.01 | 0 | 0 | 0.03 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 89.04 | 123 | 108 | 108 | 97.93 | 55.78 | 43.9 | 35 | 21.25 | 16.1 | 18.11 | 44.94 |
| Total Assets | 111 | 148 | 133 | 134 | 121 | 57.48 | 44.05 | 35.15 | 21.49 | 16.27 | 18.26 | 45.09 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 10.33 | 31.44 | 15.5 | 8.54 | 2.03 | 23.68 | 12.2 | 0.84 | −9.46 | −1.14 | 0.09 | −0.95 |
| Investing | −38.2 | −5.86 | −3.52 | −5.19 | −1.57 | −5.32 | −15.15 | 0.85 | 1.45 | 0.14 | 0.84 | 0 |
| Financing | 28.37 | −25.9 | −11.72 | −2.35 | −1.5 | −13.32 | −2.42 | −0.48 | −0.49 | 0 | 0 | −0.31 |
| Net Cash Flow | 0.5 | −0.32 | 0.27 | 0.99 | −1.04 | 5.04 | −5.37 | 1.21 | −8.5 | −0.99 | 0.93 | −1.25 |
| Free Cash Flow | −13.83 | 25.58 | 11.88 | 3.34 | 0.44 | 18.36 | 13.78 | 0.8 | −9.62 | −1.13 | 0.09 | −0.95 |
| CFO/OP | 23 | 78 | 144 | 112 | 57 | −271 | −159 | −13 | 95 | 26 | 12 | 44 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99.95 | 111 | 19.28 | 28.02 | 36.67 | 15.16 | 1,643 | 519 | 560 | 533 | 274 | 377 |
| Inventory Days | 108 | 127 | 216 | 181 | 153 | 0.81 | 0 | 0 | 709 | 0 | — | 190 |
| Days Payable | 56.24 | 94.13 | 145 | 144 | 140 | 62.92 | — | — | 220 | — | — | 539 |
| Cash Conversion Cycle | 152 | 143 | 89.98 | 65.15 | 49.47 | −46.95 | 1,643 | 519 | 1,048 | 533 | 274 | 28.05 |
| Working Capital Days | 49.56 | 58.01 | 27.22 | 40.91 | 56.11 | 70.07 | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 4,553 | 7,455 | 6,703 | 3,083 | 119 |
| ROCE % | 105.14% | 46.93% | 34.55% | 25.72% | 5.84% | −24.47% | −7.5% | −15.99% | −40.29% | −26.86% | 10.93% | 1.57% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Heads UP Ventures insights
61 extracted metrics across FY14–FY27.
Documents
- 14 Feb 2026
- General announcements 7 Oct 2026
Frequently Asked Questions about Heads UP Ventures
What does Heads UP Ventures Ltd do?
Incorporated in 2011, Heads UP Ventures Ltd is in the business of trading garments
Where is Heads UP Ventures Ltd (HEADSUP) listed?
Heads UP Ventures Ltd trades as HEADSUP on the NSE and under code 540210 on the BSE.
Which sector does Heads UP Ventures Ltd belong to?
Heads UP Ventures Ltd is classified under the Textiles sector, in the Textile Trading industry.
What is the 52-week high and low of Heads UP Ventures Ltd?
Over the last 52 weeks Heads UP Ventures Ltd has traded between ₹4.73 and ₹10.9 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Heads UP Ventures Ltd?
Heads UP Ventures Ltd reported a return on equity of -0.20%. Its debt-to-equity ratio is 0.00.
Company Information
Incorporated in 2011, Heads UP Ventures Ltd is in the business of trading garments
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