---
title: "Axon Ventures Ltd(Merged) (505506) — Share Price, Financials & Analysis"
symbol: "505506"
company: "Axon Ventures Ltd(Merged)"
canonical: "https://tapetide.com/stocks/505506"
isin: "INE663D01011"
bse_code: "505506"
generated_at: "2026-10-13T11:01:45.779Z"
---

# Axon Ventures Ltd(Merged) (505506)

Canonical page: https://tapetide.com/stocks/505506

## Company

- **BSE Code:** 505506
- **ISIN:** INE663D01011
- **Stock Type:** DELISTED
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** axoninfotech.in

## About

Axon Ventures is engaged in Business of Finance & Investments, Commodity Trading.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.08 times its book value

### Weaknesses

- The company has delivered a poor sales growth of -28.2% over past five years.
- Company has a low return on equity of -1.12% over last 3 years.
- Company has high debtors of 152 days.
- Working capital days have increased from 2,703 days to 5,840 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 141% | 23% | 58% |
| revenue growth | -78% | -43% | -28% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.85 | 0.06 | 0.34 | 0.8 | 0.58 | 1.53 | 0.65 | 0.46 | 0.32 | 0.08 | 0.19 | 0.14 |
| Expenses | 1.12 | 0.04 | 0.35 | 0.63 | 1.29 | 1.58 | 0.54 | 0.61 | -0.03 | 0.27 | 0.09 | 0.15 |
| Operating Profit | -0.27 | 0.02 | -0.01 | 0.17 | -0.71 | -0.05 | 0.11 | -0.15 | 0.35 | -0.19 | 0.1 | -0.01 |
| OPM % | -31.76 | 33.33 | -2.94 | 21.25 | -122.41 | -3.27 | 16.92 | -32.61 | 109.38 | -237.5 | 52.63 | -7.14 |
| Other Income | 0.03 | 0.01 | 0 | -0.03 | 0.08 | 0.19 | 0 | -0.06 | 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 | -0.24 | 0.03 | -0.01 | 0.14 | -0.63 | 0.14 | 0.11 | -0.21 | 0.35 | -0.19 | 0.1 | -0.01 |
| Tax % | 0 | 0 | 0 | -7.14 | 0 | 0 | 0 | -257.14 | 0 | 0 | 0 | -100 |
| Net Profit | -0.24 | 0.03 | -0.01 | 0.15 | -0.63 | 0.14 | 0.11 | 0.34 | 0.35 | -0.2 | 0.1 | -0.01 |
| EPS in Rs | -0.32 | 0.04 | -0.01 | 0.2 | -0.83 | 0.18 | 0.14 | 0.45 | 0.46 | -0.26 | 0.13 | -0.01 |

### Profit & Loss

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

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 14.81 | 9.9 | 2.95 | 7.79 | 3.78 | 5.3 | 3.86 | 2.05 | 3.22 | 0.72 |
| Expenses | 15.32 | 10.36 | 3.33 | 7.79 | 3.8 | 5.31 | 3.72 | 2.12 | 3.83 | 0.5 |
| Operating Profit | -0.51 | -0.46 | -0.38 | 0 | -0.02 | -0.01 | 0.14 | -0.07 | -0.61 | 0.22 |
| OPM % | -3.44 | -4.65 | -12.88 | 0 | -0.53 | -0.19 | 3.63 | -3.41 | -18.94 | 30.56 |
| Other Income | 0.58 | 0.5 | 0.42 | 0 | 0.01 | 0 | 0 | 0.01 | 0.02 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.06 | 0.03 | 0.01 | 0.01 | 0.03 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.01 | 0.01 | 0.03 | -0.01 | -0.04 | -0.01 | 0.14 | -0.06 | -0.59 | 0.23 |
| Tax % | 0 | 0 | 33.33 | 100 | -25 | 0 | 0 | 0 | -1.69 | -4.35 |
| Net Profit | 0.01 | 0.01 | 0.02 | -0.01 | -0.03 | -0.01 | 0.13 | -0.06 | -0.59 | 0.24 |
| EPS in Rs | 0.01 | 0.01 | 0.03 | -0.01 | -0.04 | -0.01 | 0.17 | -0.08 | -0.78 | 0.32 |
| 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 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.64 | 7.64 | 7.64 | 7.64 | 7.64 | 7.64 | 7.64 | 7.64 | 7.64 | 7.64 |
| Reserves | 5.54 | 5.54 | 5.57 | 5.56 | 5.52 | 5.52 | 5.85 | 5.58 | 3.11 | 4.21 |
| Borrowings | 1.31 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | 0 | 0 |
| Other Liabilities | 0.14 | 0.06 | 0.03 | 0.04 | 0.47 | 0.01 | 0.13 | 0.1 | 0.94 | 0.02 |
| Total Liabilities | 14.63 | 13.24 | 13.24 | 13.24 | 13.63 | 13.17 | 13.62 | 13.62 | 11.69 | 11.87 |
| Fixed Assets | 0.07 | 0.04 | 0.03 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 6.41 | 5.04 | 3.1 | 5.52 |
| Other Assets | 14.56 | 13.2 | 13.21 | 13.21 | 13.63 | 13.17 | 7.21 | 8.58 | 8.59 | 6.35 |
| Total Assets | 14.63 | 13.24 | 13.24 | 13.24 | 13.63 | 13.17 | 13.62 | 13.62 | 11.69 | 11.87 |

### Cash Flow

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

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -4 | 0.67 | -0.52 | -1.36 | 0.39 | -1.42 | -0.12 | -2.11 | 1.65 | 0.5 |
| Cash from Investing Activity | 3.82 | -0.81 | 0.41 | 1.5 | -0.41 | 1.44 | 0.68 | 1.15 | -0.6 | -1.25 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.3 | -0.3 | 0 |
| Net Cash Flow | -0.18 | -0.14 | -0.11 | 0.14 | -0.02 | 0.02 | 0.56 | -0.66 | 0.75 | -0.75 |
| Free Cash Flow | -4 | 0.67 | -0.52 | -1.36 | 0.39 | -1.42 | -0.12 | -2.11 | 1.65 | 0.5 |
| CFO/OP | 780 | -148 | 137 | — | -1950 | 14200 | -86 | 2986 | -275 | 227 |

### Ratios

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0.25 | 0.37 | 0 | 0 | 28.97 | 0 | 0 | 78.34 | 75.95 | 152.08 |
| Inventory Days | 122.31 | 186.48 | 772.39 | 366.92 | 755.36 | 443.47 | 0 | 0 | 29.64 | 208.57 |
| Days Payable | 2.42 | 0.36 | 2.35 | 1.44 | 51.83 | 0.72 | — | — | 49.91 | 52.14 |
| Cash Conversion Cycle | 120.14 | 186.48 | 770.03 | 365.48 | 732.5 | 442.75 | 0 | 78.34 | 55.67 | 308.51 |
| Working Capital Days | 344.54 | 475.24 | 816.61 | 359.38 | 661.44 | 539.24 | 599.51 | 1495.61 | 774.21 | 5840 |
| ROCE % | 0.07 | 0.07 | 0.23 | -0.08 | -0.3 | -0.08 | 1.05 | -0.44 | -4.86 | 2.04 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Jun 2020 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 14% | 14% | 14% | 14% | 14% |
| Public | 86% | 86% | 86% | 86% | 86% |
| No. of Shareholders | 2680 | 2634 | 2617 | 2588 | 2581 |

### Quarterly

| Category | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 14% | 14% | 14% | 14% | 14% | 14% | 14% | 14% | 14% | 14% | 14% | 14% |
| Public | 86% | 86% | 86% | 86% | 86% | 86% | 86% | 86% | 86% | 86% | 86% | 86% |
| No. of Shareholders | 2634 | 2631 | 2634 | 2632 | 2623 | 2633 | 2617 | 2602 | 2600 | 2598 | 2588 | 2581 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-01-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cb7d0f82-7fc5-4fd0-baac-8bd1d3ed4d74.pdf) |
| 2025-12-10 | [Price Movement Clarification](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45ff3fe8-d30b-4a28-9e33-464507ebdd5f.pdf) |
| 2025-11-12 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4007ca4-5262-480e-ad98-8da956b0c249.pdf) |
| 2025-11-12 | [Unaudited Financial Results For The Half Year Ended On September 30, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/07e2ee64-9eaf-4f79-a014-606472b710de.pdf) |
| 2020-08-26 | [Submission Of Newspaper Clipping For Notice To Shareholders Regarding Record Date For Allotment Of Shares](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a4436a2-61b7-45dc-9b3d-1b9a2e88290f.pdf) |
| 2020-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31fc8568-24b9-411e-badf-a864506ebc6f.pdf) |
| 2020-08-26 | [Submission Of Newspaper Clipping For Notice To Shareholders Regarding Record Date For Allotment Of Shares](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a4436a2-61b7-45dc-9b3d-1b9a2e88290f.pdf) |
| 2020-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31fc8568-24b9-411e-badf-a864506ebc6f.pdf) |
| 2020-08-21 | [Outcome Of Shorter Notice Board Meeting Held Today I.E. Friday 21St August, 2020.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5606ed43-1482-40c0-9cfb-90c4498c0014.pdf) |
| 2020-08-21 | [Disclosure Under Regulations 30 And 42 Of The SEBI (LODR) Regulations, 2015 ("Listing Regulations")](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2cb19bac-30b0-4da9-a500-86a3bb42bb33.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f7462510-2f26-4a43-a73c-d44caf9cd6e0.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa04d72c-b443-4be6-8889-36e1bbcb4ce4.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70a60e58-854f-4593-9928-6017bc07448c.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/505506/5055060319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/505506/5055060318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/505506/5055060317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/505506/5055060316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/505506/5055060315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/505506/5055060314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/505506/5055060313.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 2026-10-13T11:01:45.779Z.