---
title: "Techindia Nirman Ltd (TECHIN) — Share Price, Financials & Analysis"
symbol: "TECHIN"
company: "Techindia Nirman Ltd"
canonical: "https://tapetide.com/stocks/TECHIN"
isin: "INE778A01021"
nse_symbol: "TECHIN"
bse_code: "526576"
sector: "Consumer Discretionary"
industry: "Realty"
generated_at: "2026-09-13T18:25:38.384Z"
---

# Techindia Nirman Ltd (TECHIN)

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

## Company

- **NSE Symbol:** TECHIN
- **BSE Code:** 526576
- **ISIN:** INE778A01021
- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2011-09-08
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** nathseeds.com; www.techindianirman.com

## About

Incorporated in 1980, Techindia Nirman Ltd (formerly Nath Seeds Ltd) is engaged in the business of infrastructure development.

## Latest Price

- **Price:** ₹14
- **Change:** 0 (0%)
- **Open:** ₹14.1
- **Day High:** ₹14.1
- **Day Low:** ₹13.85
- **Previous Close:** ₹14
- **Volume:** 0
- **As Of:** 2025-06-09T09:59:59+00:00

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 17.5%
- Company has a low return on equity of -5.46% over last 3 years.
- Contingent liabilities of Rs.14.5 Cr.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 25% | -39% | -7% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.1 | 0.08 | 0.05 | 0.11 | 0.4 | 0.05 | 0.05 | 0.06 | 0.08 | 0.03 | 0.05 | 0.25 |
| Operating Profit | -0.1 | -0.08 | -0.05 | -0.11 | -0.4 | -0.05 | -0.05 | -0.06 | -0.08 | -0.03 | -0.05 | -0.25 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.19 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.16 | 0 | 0 | 0 | 0.49 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | -0.06 |
| Profit before tax | -0.11 | -0.09 | -0.06 | -0.12 | -0.41 | -0.06 | -0.06 | -0.24 | -0.09 | -0.04 | -0.06 | -0.49 |
| Tax % | 0 | 0 | 0 | 16.67 | 0 | 0 | 0 | 25 | 0 | 0 | 0 | 0 |
| Net Profit | -0.11 | -0.09 | -0.06 | -0.14 | -0.41 | -0.06 | -0.06 | -0.3 | -0.09 | -0.05 | -0.06 | -0.49 |
| EPS in Rs | -0.08 | -0.06 | -0.04 | -0.1 | -0.29 | -0.04 | -0.04 | -0.21 | -0.06 | -0.03 | -0.04 | -0.34 |

### Profit & Loss

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.05 | 0 | 0 |
| Expenses | 0.35 | 0.32 | 0.3 | 0.31 | 0.48 | 0.5 | 0.32 | 0.3 | 0.57 | 0.29 |
| Operating Profit | -0.35 | -0.32 | -0.3 | -0.31 | -0.48 | -0.5 | -0.32 | -0.35 | -0.57 | -0.29 |
| Other Income | 0.05 | 0.43 | 0.08 | 0.01 | 0.03 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0.37 | 0 | 0.28 | 0 | 0 | 0 | 0 | 0.16 | 0.29 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 |
| Profit before tax | -0.33 | -0.29 | -0.25 | -0.61 | -0.48 | -0.53 | -0.35 | -0.38 | -0.77 | -0.62 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.26 | 7.79 | 0 |
| Net Profit | -0.33 | -0.29 | -0.25 | -0.6 | -0.47 | -0.53 | -0.35 | -0.4 | -0.83 | -0.62 |
| EPS in Rs | -0.23 | -0.2 | -0.17 | -0.42 | -0.33 | -0.37 | -0.24 | -0.28 | -0.58 | -0.43 |
| 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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 14.33 | 14.33 | 14.33 | 14.33 | 14.33 | 14.33 | 14.33 | 14.33 | 14.33 | 14.33 |
| Reserves | 0.59 | 0.3 | 0.05 | -0.56 | -1.34 | -1.87 | -2.18 | -2.58 | -3.41 | -4.03 |
| Borrowings | 11.95 | 49.95 | 52.45 | 54.32 | 56.88 | 58.43 | 72.26 | 80.32 | 70.11 | 70.65 |
| Other Liabilities | 0.12 | 0.06 | 0.06 | 0.08 | 0.08 | 0.07 | 0.17 | 0.28 | 4.44 | 0.29 |
| Total Liabilities | 26.99 | 64.64 | 66.89 | 68.17 | 69.95 | 70.96 | 84.58 | 92.35 | 85.47 | 81.24 |
| Fixed Assets | 22.63 | 22.61 | 22.58 | 22.55 | 22.14 | 22.12 | 22.09 | 22.06 | 22.02 | 21.98 |
| CWIP | 0 | 0 | 1.93 | 3.24 | 4.81 | 5.82 | 0 | 0 | 0 | 0 |
| Investments | 0.48 | 0.48 | 0.48 | 0.48 | 0.26 | 0.21 | 0 | 0 | 0 | 0 |
| Other Assets | 3.88 | 41.55 | 41.9 | 41.9 | 42.74 | 42.81 | 62.49 | 70.29 | 63.45 | 59.26 |
| Total Assets | 26.99 | 64.64 | 66.89 | 68.17 | 69.95 | 70.96 | 84.58 | 92.35 | 85.47 | 81.24 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.86 | -38.07 | -0.23 | -0.29 | -1.22 | -0.54 | -14.54 | -12.22 | 13.99 | -4.5 |
| Cash from Investing Activity | 0 | 0.43 | -6.23 | -1.31 | -1.27 | -0.98 | 0.78 | 3.98 | 0.05 | 0 |
| Cash from Financing Activity | 0.86 | 37.63 | 6.46 | 1.6 | 2.55 | 1.55 | 13.83 | 8.27 | -10.22 | 0.53 |
| Net Cash Flow | 0.01 | -0.01 | 0 | 0 | 0.05 | 0.03 | 0.07 | 0.03 | 3.82 | -3.97 |
| Free Cash Flow | -0.86 | -38.07 | -2.16 | -1.6 | -2.7 | -2.56 | -14.54 | -12.22 | 13.99 | -4.5 |
| CFO/OP | 246 | 11897 | 77 | 94 | 254 | 100 | 4544 | 3480 | -2454 | 1552 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | — | — | — | 0 | — | — |
| Inventory Days | — | — | — | — | — | — | — | -42997 | — | — |
| Cash Conversion Cycle | — | — | — | — | — | — | — | -42997 | — | — |
| Working Capital Days | — | — | — | — | — | — | — | -542974 | — | — |
| ROCE % | -1.16 | 0.17 | -0.38 | -0.49 | -0.7 | -0.75 | -0.45 | -0.43 | -0.7 | -0.41 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 34.04% | 33.93% | 33.93% | 33.93% | 33.93% | 18.42% | 18.42% | 18.42% | 17.52% | 17.52% | 17.52% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% | 0% | 0% |
| DIIs | 0.08% | 0.08% | 0.04% | 0.04% | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% | 0.04% | 0.04% |
| Public | 65.88% | 66% | 66.03% | 66.03% | 66.03% | 81.54% | 81.56% | 81.53% | 82.44% | 82.44% | 82.44% |
| No. of Shareholders | 27042 | 25479 | 25073 | 24862 | 24635 | 26076 | 25467 | 24239 | 23212 | 23190 | 23190 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 18.42% | 18.42% | 18.42% | 18.42% | 18.04% | 17.52% | 17.52% | 17.52% | 17.52% | 17.52% | 17.52% | 17.52% |
| FIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0% | 0.01% | 0.01% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.03% | 0.03% | 0.03% | 0.03% | 0.04% | 0.03% | 0.03% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| Public | 81.54% | 81.54% | 81.53% | 81.53% | 81.93% | 82.44% | 82.44% | 82.44% | 82.44% | 82.44% | 82.44% | 82.44% |
| No. of Shareholders | 25218 | 24621 | 24239 | 23971 | 23425 | 23268 | 23212 | 23190 | 23190 | 23190 | 23190 | 23190 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 14 | Sell |
| EMA (10) | 14 | Sell |
| SMA (20) | 14 | Sell |
| EMA (20) | 14.02 | Sell |
| SMA (50) | 14.03 | Sell |
| EMA (50) | 14.59 | Sell |
| SMA (100) | 16.13 | Sell |
| EMA (100) | 16.92 | Sell |
| SMA (200) | 23.82 | Sell |
| EMA (200) | 21.11 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 0.27 | Buy |
| MACD (12,26,9) | -0.06 | Buy |
| Stochastic (14,3,3) | 50 | Neutral |
| ADX (14) | 96.35 | Buy |
| Williams %R (14) | -50 | Neutral |
| ATR (14) | 0.01 | Low Volatility |
| ROC (12) | 0 | Neutral |
| Stoch RSI (14) | 50 | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Intimation Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f945311a-2c44-4b4f-9f04-fab6710553f7.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f501c3a0-1baf-491a-a736-bdd394581177.pdf) |
| 2026-08-06 | [Disclosure Under Regulation 30 Of SEBI LODR.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56c8d23c-1658-46a5-9b6d-8c9944c1c74f.pdf) |
| 2026-06-26 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c5e3caf-ce7b-4166-86fc-922840e4e198.pdf) |
| 2026-05-28 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e88f9ee2-8adb-4ff0-8315-7000e04be4d0.pdf) |
| 2026-05-11 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=799d26dd-6700-4a9e-ae6f-11349ce15338.pdf) |
| 2026-05-05 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56ebfa4b-8d7e-42b6-b6db-aa1836c66296.pdf) |
| 2026-04-25 | [Revision In Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5cb8225-bccd-48bb-b626-082a79d34f3a.pdf) |
| 2026-04-23 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00d20c55-dbec-4c32-9125-8c37fc361226.pdf) |
| 2026-04-23 | [Financial Results As On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d1714a9-dfe6-4dcb-8f0c-58cf6df25d10.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 30 Jan - Board meeting to consider Q3/9M Dec 31, 2025 results postponed to 11 Feb; trading window reopens 13 Feb. | [Board Meeting Intimation for Approval Of Financial Results As On 31St December 2025 30 Jan - Board meeting to consider Q3/9M Dec 31, 2025 results postponed to 11 Feb; trading window reopens 13 Feb.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6e0c89a-b38f-489f-98bd-b2bc4b6f36e3.pdf) |
| 25 Feb - NSE/BSE issued warning letters (24 Feb 2026) over delayed CIRP and financial-default disclosures. | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations. 25 Feb - NSE/BSE issued warning letters (24 Feb 2026) over delayed CIRP and financial-default disclosures.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f968b11-b306-4195-8eba-53678284e18e.pdf) |
| 25 Apr - Revised FY26 audited results filed; loss Rs62.15 lakh, qualified opinion, Rs6434.68 lakh interest liability, going concern doubts. | [Revision In Outcome 25 Apr - Revised FY26 audited results filed; loss Rs62.15 lakh, qualified opinion, Rs6434.68 lakh interest liability, going concern doubts.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5cb8225-bccd-48bb-b626-082a79d34f3a.pdf) |
| 23 Apr - Mrs. Poonam Satish Kagliwal appointed Additional Director effective 23 April 2026; financial results pending separately. | [Announcement under Regulation 30 (LODR)-Change in Management 23 Apr - Mrs. Poonam Satish Kagliwal appointed Additional Director effective 23 April 2026; financial results pending separately.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00d20c55-dbec-4c32-9125-8c37fc361226.pdf) |
| 23 Apr - FY26 audited results show Rs 62.15 lakh loss, qualified opinion, and Supreme Court litigation over CIRP. | [Financial Results As On 31St March 2026 23 Apr - FY26 audited results show Rs 62.15 lakh loss, qualified opinion, and Supreme Court litigation over CIRP.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d1714a9-dfe6-4dcb-8f0c-58cf6df25d10.pdf) |
| 21 Mar - Independent directors Vadla Nagabhushanam (ceased Oct 30, 2025) and Madhukar Deshpande (ceased Feb 12, 2026) completed terms. | [Announcement under Regulation 30 (LODR)-Cessation 21 Mar - Independent directors Vadla Nagabhushanam (ceased Oct 30, 2025) and Madhukar Deshpande (ceased Feb 12, 2026) completed terms.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/facce26e-beb9-4049-99b4-8906ea5f6907.pdf) |
| 17 Apr - Board meeting on 23 April 2026 to consider audited Q4 and FY2026 financial results. | [Board Meeting Intimation for Approval Of Financial Results For The Period Ended 31St March 2026 17 Apr - Board meeting on 23 April 2026 to consider audited Q4 and FY2026 financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4baa12eb-d4a3-4436-a0d4-a40d2bd00a93.pdf) |
| 16 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/608edec8-fefd-42da-a627-bda28be20244.pdf) |
| 15h - Mrs. Poonam Satish Kagliwal appointed Additional Director effective 23 April 2026; financial results pending separately. | [Announcement under Regulation 30 (LODR)-Change in Management 15h - Mrs. Poonam Satish Kagliwal appointed Additional Director effective 23 April 2026; financial results pending separately.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/00d20c55-dbec-4c32-9125-8c37fc361226.pdf) |
| 14 Apr - 45th AGM on 5 May 2026; annual report, auditor and director reappointments, statutory auditor replacement. | [Reg. 34 (1) Annual Report. 14 Apr - 45th AGM on 5 May 2026; annual report, auditor and director reappointments, statutory auditor replacement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/825dfab6-9a64-4dc4-b7b6-c7cb0559da2a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_NATHSEED_2011_2012_14092012095501.zip) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3c152e2-fb9a-4ce1-9f75-c3c951f38d07.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81d57fa6-db1f-40c7-a810-0b61abfb9296.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526576/73143526576.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526576/68766526576.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526576/5265760320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/526576/5265760319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/526576/5265760318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/526576/5265760317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/526576/5265760316.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 2026-09-13T18:25:38.384Z.