---
title: "Bhagyashree Leasing & Finance Ltd (450) — Share Price, Financials & Analysis"
symbol: "450"
company: "Bhagyashree Leasing & Finance Ltd"
canonical: "https://tapetide.com/stocks/450"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T10:58:01.067Z"
---

# Bhagyashree Leasing & Finance Ltd (450)

Canonical page: https://tapetide.com/stocks/450

## Company

- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kumarworld.com

## About

Bhagyashree Leasing & Finance is primarily engaged in the business of leasing and hire purchase financing and financial Services.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Stock is trading at 6.25 times its book value
- Company has a low return on equity of 1.87% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -25% | -16% | 16% |
| revenue growth | 5% | 6% | — |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.06 | 0.02 | 0.03 | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 | 0.02 | 0.01 | 0.01 | 0.15 |
| Expenses | 0.05 | 0 | 0.01 | 0.02 | 0.04 | 0.02 | 0.02 | 0.02 | 0.04 | 0.01 | 0.03 | 0.03 |
| Operating Profit | 0.01 | 0.02 | 0.02 | 0.02 | 0 | 0.03 | 0.03 | 0.03 | -0.02 | 0 | -0.02 | 0.12 |
| OPM % | 16.67 | 100 | 66.67 | 50 | 0 | 60 | 60 | 60 | -100 | 0 | -200 | 80 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.01 | 0.02 | 0.02 | 0.02 | 0 | 0.03 | 0.03 | 0.03 | -0.02 | 0 | -0.02 | 0.12 |
| Tax % | 200 | 50 | 50 | 50 | — | 33.33 | 33.33 | 33.33 | 50 | — | 0 | 41.67 |
| Net Profit | -0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.02 | -0.03 | 0 | -0.02 | 0.07 |
| EPS in Rs | -0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.06 | 0.03 | 0.06 | -0.09 | 0 | -0.06 | 0.2 |

### Profit & Loss

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0.13 | 0.17 | 0.15 | 0.19 | 0.2 |
| Expenses | 0.03 | 0.03 | 0.05 | 0.05 | 0.21 | 0.05 | 0.09 | 0.09 | 0.1 | 0.12 |
| Operating Profit | -0.03 | -0.03 | -0.05 | -0.05 | -0.21 | 0.08 | 0.08 | 0.06 | 0.09 | 0.08 |
| OPM % | — | — | — | — | — | 61.54 | 47.06 | 40 | 47.37 | 40 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.03 | -0.03 | -0.05 | -0.05 | -0.21 | 0.08 | 0.08 | 0.06 | 0.09 | 0.08 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 62.5 | 37.5 | 66.67 | 55.56 | 62.5 |
| Net Profit | -0.03 | -0.03 | -0.05 | -0.05 | -0.21 | 0.03 | 0.05 | 0.02 | 0.04 | 0.03 |
| EPS in Rs | -0.09 | -0.09 | -0.14 | -0.14 | -0.6 | 0.09 | 0.14 | 0.06 | 0.11 | 0.09 |
| 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 | 3.5 |
| Reserves | -0.16 | -0.19 | -0.25 | -0.3 | -0.51 | -1.99 | -1.94 | -1.92 | -1.87 | -1.84 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.02 | 0.01 |
| Total Liabilities | 3.34 | 3.31 | 3.25 | 3.2 | 2.99 | 1.51 | 1.56 | 1.6 | 1.65 | 1.67 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.34 | 3.31 | 3.25 | 3.2 | 2.99 | 1.51 | 1.56 | 1.6 | 1.65 | 1.67 |
| Total Assets | 3.34 | 3.31 | 3.25 | 3.2 | 2.99 | 1.51 | 1.56 | 1.6 | 1.65 | 1.67 |

### Cash Flow

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

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 0 | -0.01 | -0.01 | 0 | 0 | 0 | 0 | -0.01 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0 | 0 | 0 | -0.01 | -0.01 | 0 | 0 | 0 | 0 | -0.01 |
| Free Cash Flow | 0 | 0 | 0 | -0.01 | -0.01 | 0 | 0 | 0 | 0 | -0.01 |
| CFO/OP | 0 | 0 | 0 | 20 | 5 | 0 | 0 | 0 | 0 | 50 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | — | — | — | — | — | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | — | — | — | — | — | 0 | 0 | -48.67 | -19.21 | -36.5 |
| ROCE % | -0.89 | -0.9 | -1.52 | -1.55 | -6.79 | 3.56 | 5.21 | 3.82 | 5.61 | 4.86 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| Public | 25% | 25% | 25% | 25% | 25% | 25% | 25% |
| No. of Shareholders | 264 | 265 | 266 | 268 | 269 | 266 | 266 |

### Quarterly

| Category | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| Public | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% | 25% |
| No. of Shareholders | 268 | 268 | 268 | 269 | 269 | 266 | 266 | 266 | 266 | 266 | 266 | 266 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 1 / 5

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 3.79 | Buy |
| EMA (10) | 3.86 | Buy |
| SMA (20) | 3.46 | Buy |
| EMA (20) | 3.53 | Buy |
| SMA (50) | 2.82 | Buy |
| EMA (50) | 2.98 | Buy |
| SMA (100) | 2.31 | Buy |
| EMA (100) | 2.56 | Buy |
| SMA (200) | 2.06 | Buy |
| EMA (200) | 2.51 | Buy |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 96.98 | Sell |
| MACD (12,26,9) | 0.4 | Buy |
| Stochastic (14,3,3) | 100 | Sell |
| ADX (14) | 72.64 | Buy |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 0.09 | Neutral |
| ROC (12) | 27.3 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 100 | Sell |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/511698/70752511698.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/511698/66167511698.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/511698/5116980319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/511698/5116980318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/511698/5116980317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/511698/5116980316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/511698/5116980315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/511698/5116980314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/511698/5116980313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/511698/5116980312.pdf) |

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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 2026-10-13T10:58:01.067Z.