---
title: "McDowell Holdings Ltd (MCDHOLDING) — Share Price, Financials & Analysis"
symbol: "MCDHOLDING"
company: "McDowell Holdings Ltd"
canonical: "https://tapetide.com/stocks/MCDHOLDING"
isin: "INE836H01014"
nse_symbol: "MCDHOLDING"
bse_code: "532852"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:45:07.400Z"
---

# McDowell Holdings Ltd (MCDHOLDING)

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

## Company

- **NSE Symbol:** MCDHOLDING
- **BSE Code:** 532852
- **ISIN:** INE836H01014
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2007-05-30
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** mcdowellholdings.com

## About

Incorporated in 2004, McDowell Holdings Limited is a Core Investment Company (CIC). The company owns shares in the UB Group, which is involved in property development and exports, beer manufacturing and distribution, and chemicals and fertilizers.  Mr. Raghuveeran Kasargod is the Chairman and the Independent Director of the co. [1][2]

## Latest Price

- **Price:** ₹68.75
- **Change:** 0 (0%)
- **Open:** ₹72.7
- **Day High:** ₹74.3
- **Day Low:** ₹67.3
- **Previous Close:** ₹68.75
- **Volume:** 0
- **As Of:** 2022-09-05T04:57:44+00:00

## Key Insights

### Weaknesses

- Stock is trading at 47.6 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -48.6% over past five years.
- Promoter holding is low: 2.27%
- Company might be capitalizing the interest cost
- Promoters have pledged 100% of their holding.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -7% | 15% | 12% |
| revenue growth | 7% | -6% | -49% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.49 | 0 | 0 | 1.14 | 0.13 | 1.5 | 0.67 | 1.27 | 0.06 | 0 | 0 | 0.23 |
| Expenses | 1.43 | 5.65 | 2.06 | 13.03 | -3.35 | 1.53 | 1.25 | 0.63 | 0.57 | 0.15 | 0.07 | 0.76 |
| Operating Profit | 0.06 | -5.65 | -2.06 | -11.89 | 3.48 | -0.03 | -0.58 | 0.64 | -0.51 | -0.15 | -0.07 | -0.53 |
| OPM % | 4.03 | — | — | -1042.98 | 2676.92 | -2 | -86.57 | 50.39 | -850 | — | — | -230.43 |
| Other Income | 3.36 | 6.33 | 9.4 | 5.34 | -5.31 | 0.23 | 0 | 0.03 | 0 | 0.47 | 0 | 0.07 |
| Interest | 0.02 | 0.01 | 5.21 | 0.32 | 0.27 | 0.26 | 0.26 | 0.26 | 0.26 | 0.25 | 0 | 0.52 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3.4 | 0.67 | 2.13 | -6.87 | -2.1 | -0.06 | -0.84 | 0.41 | -0.77 | 0.07 | -0.07 | -0.98 |
| Tax % | 0 | 0 | 0 | 0 | 0 | -66.67 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 3.39 | 0.67 | 2.13 | -6.87 | -2.1 | -0.02 | -0.84 | 0.41 | -0.77 | 0.06 | -0.07 | -0.98 |
| EPS in Rs | 2.42 | 0.48 | 1.52 | -4.91 | -1.5 | -0.01 | -0.6 | 0.29 | -0.55 | 0.04 | -0.05 | -0.7 |

### Profit & Loss

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 200.4 | 1.08 | 1.04 | 11.28 | 8.12 | 2 | 0.35 | 4.97 | 0.27 | 0.29 |
| Expenses | 201.98 | 153.03 | 1.75 | 8.18 | 18.56 | 2.56 | 1.44 | 2.49 | 2.1 | 1.54 |
| Operating Profit | -1.58 | -151.95 | -0.71 | 3.1 | -10.44 | -0.56 | -1.09 | 2.48 | -1.83 | -1.25 |
| OPM % | -0.79 | -14069.44 | -68.27 | 27.48 | -128.57 | -28 | -311.43 | 49.9 | -677.78 | -431.03 |
| Other Income | 0 | 134.45 | 0 | 0.01 | 9.62 | 0.47 | 0.12 | 0 | 0 | 0 |
| Interest | 16.11 | 3.6 | 0.9 | 0.05 | 6.06 | 1.04 | 1.88 | 0.06 | 0.02 | 0.03 |
| Depreciation | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.06 | 0.12 |
| Profit before tax | -17.69 | -21.11 | -1.61 | 3.06 | -6.88 | -1.13 | -2.85 | 2.42 | -1.91 | -1.4 |
| Tax % | 20.92 | 0.14 | 0 | 1.63 | -0.58 | 0 | 0 | 25.21 | -31.94 | 0 |
| Net Profit | -21.39 | -21.14 | -1.61 | 3.01 | -6.84 | -1.14 | -2.85 | 1.81 | -1.3 | -1.39 |
| EPS in Rs | -15.29 | -15.11 | -1.15 | 2.15 | -4.89 | -0.81 | -2.04 | 1.29 | -0.93 | -0.99 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 13.99 | 13.99 | 13.99 | 13.99 | 13.99 | 13.99 | 13.99 | 13.99 | 13.99 | 13.99 |
| Reserves | 17.94 | -3.2 | -4.8 | 873.14 | 556.35 | 768.97 | 925.34 | 887.28 | -17.4 | -11.97 |
| Borrowings | 20 | 20 | 20 | 23.94 | 13.63 | 14.38 | 18.42 | 20.97 | 20.97 | 20.97 |
| Other Liabilities | 6.08 | 4.23 | 4.95 | 1.82 | 2.46 | 1.5 | 0.29 | 1.88 | 1.68 | 2.28 |
| Total Liabilities | 58.01 | 35.02 | 34.14 | 912.89 | 586.43 | 798.84 | 958.04 | 924.12 | 19.24 | 25.27 |
| Fixed Assets | 0 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0.02 | 0.27 | 0.19 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 35.92 | 30.83 | 30.83 | 904.07 | 583.03 | 796.79 | 956.01 | 916.14 | 12.75 | 19.58 |
| Other Assets | 22.09 | 4.18 | 3.3 | 8.82 | 3.4 | 2.05 | 2.03 | 7.96 | 6.22 | 5.5 |
| Total Assets | 58.01 | 35.02 | 34.14 | 912.89 | 586.43 | 798.84 | 958.04 | 924.12 | 19.24 | 25.27 |

### Cash Flow

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -196.34 | -151.62 | -1.87 | -9.03 | -4.11 | -1.78 | -2.79 | -3.25 | -1.95 | -0.96 |
| Cash from Investing Activity | 195.92 | 152.63 | 1.02 | 12.94 | 1.3 | 1.2 | 0.35 | 2.41 | -0.1 | 0.29 |
| Cash from Financing Activity | 0 | 0 | 0 | -0.03 | -0.46 | -0.19 | 2.36 | 3.5 | 0.15 | -0.12 |
| Net Cash Flow | -0.42 | 1.01 | -0.85 | 3.87 | -3.27 | -0.77 | -0.08 | 2.66 | -1.9 | -0.78 |
| Free Cash Flow | -196.34 | 0.07 | -1.87 | -9.03 | -4.12 | -1.78 | -2.79 | -3.27 | -2.26 | -0.99 |
| CFO/OP | 12367 | 99 | 263 | -290 | 39 | 318 | 256 | -131 | 107 | 77 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0.86 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -7.52 | -7164.81 | -7707.12 | -687.93 | 7.19 | 127.75 | 1929.29 | 71.97 | 1933.15 | 1069.83 |
| ROCE % | -218.33 | -12.94 | -2.37 | 0.66 | -0.11 | -0.01 | -0.11 | 0.26 | -0.4 | -6.76 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 17.99% | 17.99% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% |
| FIIs | 21.14% | 21.14% | 21.18% | 21.18% | 20.23% | 20.23% | 20.23% | 20.23% | 19.33% | 19.33% |
| DIIs | 0.12% | 0.24% | 0.04% | 0.03% | 0.03% | 0.2% | 0.03% | 0.03% | 0.03% | 0.03% |
| Government | 0% | 0% | 15.73% | 15.73% | 15.73% | 0% | 0% | 0% | 0% | 0% |
| Public | 60.75% | 60.63% | 60.79% | 60.79% | 61.75% | 77.3% | 77.49% | 77.49% | 78.37% | 78.36% |
| No. of Shareholders | 49907 | 48867 | 48602 | 47286 | 45146 | 46295 | 45527 | 45509 | 45544 | 44957 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% | 2.27% |
| FIIs | 20.23% | 20.23% | 20.23% | 20.23% | 20.23% | 20.23% | 19.33% | 19.33% | 19.33% | 19.33% | 19.33% | 19.33% |
| DIIs | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 77.49% | 77.49% | 77.48% | 77.49% | 77.49% | 77.49% | 78.36% | 78.37% | 78.37% | 78.37% | 78.37% | 78.36% |
| No. of Shareholders | 45527 | 45520 | 45519 | 45511 | 45509 | 45530 | 45542 | 45545 | 45544 | 45548 | 44950 | 44957 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 6 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.73 | Sell |
| EMA (10) | 1.73 | Sell |
| SMA (20) | 1.68 | Buy |
| EMA (20) | 1.67 | Buy |
| SMA (50) | 1.47 | Buy |
| EMA (50) | 1.55 | Buy |
| SMA (100) | 1.45 | Buy |
| EMA (100) | 1.5 | Buy |
| SMA (200) | 1.49 | Buy |
| EMA (200) | 1.51 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 58.34 | Neutral |
| MACD (12,26,9) | 0.08 | Sell |
| Stochastic (14,3,3) | 54.55 | Neutral |
| ADX (14) | 24.01 | Neutral |
| Williams %R (14) | -47.73 | Neutral |
| ATR (14) | 0.09 | High Volatility |
| ROC (12) | -4.42 | Sell |
| Stoch RSI (14) | 0.31 | Buy |
| UO (7,14,28) | 67.18 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-02-25 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db338284-4951-425f-b678-20e2fad12a5a.pdf) |
| 2025-10-29 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e382102e-0c04-4d85-aea2-453055b0fc41.pdf) |
| 2025-07-21 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=227f0f19-61e7-4c45-856f-69f2e063c26b.pdf) |
| 2025-04-21 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bd476db6-bca4-4036-913b-e5b20947774b.pdf) |
| 2025-01-10 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b0d9e17a-6fab-4c0c-b864-c35d2861a9ab.pdf) |
| 2024-11-09 | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=affee3b0-d4d7-4abe-8418-ee173c4ba49a.pdf) |
| 2024-11-09 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=171dd391-fbe0-41cd-b413-70e5bec780e4.pdf) |
| 2024-11-07 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e8304dc-36fd-4e96-ac96-7d8198686941.pdf) |
| 2024-10-21 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce677eed-37c7-495d-add7-ece2569cb837.pdf) |
| 2024-10-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ddb78d17-7ea2-4a0c-b287-91be3d525db9.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 29 Oct 2025 - Depository and Participants) Regulations, 2018, we furnish herewith certificate issued by integrated registry management services private limited, registrar and transfer agent of the company, for … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 29 Oct 2025 - Depository and Participants) Regulations, 2018, we furnish herewith certificate issued by integrated registry management services private limited, registrar and transfer agent of the company, for …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e382102e-0c04-4d85-aea2-453055b0fc41.pdf) |
| 21 Jul 2025 - Pursuat to Regulation 74(5) of SEBI (Depository and Participants) Regulation 2018 we furnish herewith certificate issued by integrated registry management services private limited, registrar and … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 21 Jul 2025 - Pursuat to Regulation 74(5) of SEBI (Depository and Participants) Regulation 2018 we furnish herewith certificate issued by integrated registry management services private limited, registrar and …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/227f0f19-61e7-4c45-856f-69f2e063c26b.pdf) |
| 21 Apr 2025 - Certificate under SEBI Reg 74(5) for Q4 FY25 dematerialization compliance filed. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 21 Apr 2025 - Certificate under SEBI Reg 74(5) for Q4 FY25 dematerialization compliance filed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bd476db6-bca4-4036-913b-e5b20947774b.pdf) |
| 10 Jan 2025 - Depository and Participants) Regulations, 2018, We furnish herewith certificate issued by integrated Registry management services private limited, Registrar and transfer agent of the company, for … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Jan 2025 - Depository and Participants) Regulations, 2018, We furnish herewith certificate issued by integrated Registry management services private limited, Registrar and transfer agent of the company, for …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0d9e17a-6fab-4c0c-b864-c35d2861a9ab.pdf) |
| — | [Reg. 34 (1) Annual Report. 25 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/db338284-4951-425f-b678-20e2fad12a5a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_MCDHOLDING_2010_2011_08092011024446.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_MCDHOLDING_2009_2010_13092010120000.zip) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73bb4301-0e0f-40fb-9a66-0b7b86c07f32.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/62ff3c40-1fca-4039-be14-5dde07fd527d.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532852/77283532852.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532852/70864532852.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532852/66273532852.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532852/5328520319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532852/5328520318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532852/5328520317.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 2026-09-13T18:45:07.400Z.