---
title: "Indiaco Ventures Ltd (506131) — Share Price, Financials & Analysis"
symbol: "506131"
company: "Indiaco Ventures Ltd"
canonical: "https://tapetide.com/stocks/506131"
isin: "INE064E01028"
bse_code: "506131"
generated_at: "2026-10-13T10:59:18.397Z"
---

# Indiaco Ventures Ltd (506131)

Canonical page: https://tapetide.com/stocks/506131

## Company

- **BSE Code:** 506131
- **ISIN:** INE064E01028
- **Stock Type:** EQUITY
- **Listed Since:** 2006-08-25
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** indiaco.com

## About

Indiaco Ventures operates as a financial advisory and investment company that provides capital, strategic direction, management expertise, and operational expertise to companies.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.55 times its book value
- Debtor days have improved from 81.9 to 46.8 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -4.42% over last 3 years.
- Contingent liabilities of Rs.12.7 Cr.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | -174% | — |
| revenue growth | 0% | -40% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.08 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Expenses | 0.07 | 0.06 | 0.06 | 0.05 | 0.42 | 0.07 | 0.05 | 0.11 | 0.24 | 0.55 | 0.54 |
| Operating Profit | 0.01 | 0.04 | 0.04 | 0.05 | -0.32 | 0.03 | 0.05 | -0.01 | -0.14 | -0.45 | -0.44 |
| OPM % | 12.5 | 40 | 40 | 50 | -320 | 30 | 50 | -10 | -140 | -450 | -440 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.11 | 0.08 | 0.08 | 0.08 | 0.08 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 |
| Profit before tax | -0.1 | -0.04 | -0.04 | -0.03 | -0.4 | -0.03 | -0.01 | -0.07 | -0.2 | -0.51 | -0.5 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.1 | -0.04 | -0.03 | -0.03 | -0.4 | -0.03 | -0.01 | -0.07 | -0.2 | -0.52 | -0.5 |
| EPS in Rs | -0.05 | -0.02 | -0.02 | -0.02 | -0.22 | -0.02 | -0.01 | -0.04 | -0.11 | -0.28 | -0.27 |

### Profit & Loss

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.21 | 3.98 | 3.58 | 5.02 | 0.54 | -0.14 | 0.12 | 0.39 | 0.39 | 0.4 |
| Expenses | 0.45 | 1.47 | 1.63 | 1.42 | 1.54 | 0.92 | 0.42 | 0.59 | 2.4 | 1.44 |
| Operating Profit | -0.24 | 2.51 | 1.95 | 3.6 | -1 | -1.06 | -0.3 | -0.2 | -2.01 | -1.04 |
| OPM % | -114.29 | 63.07 | 54.47 | 71.71 | -185.19 | — | -250 | -51.28 | -515.38 | -260 |
| Other Income | 0.02 | 0.38 | 0.01 | 0.01 | 0.17 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.03 | 0 | 0.02 | 0.01 | 0 | 0.01 | 0 | 0 | 0.02 | 0 |
| Depreciation | 0.01 | 0.15 | 0.41 | 0.48 | 0.43 | 0.41 | 0.39 | 0.3 | 0.24 | 0.24 |
| Profit before tax | -0.26 | 2.74 | 1.53 | 3.12 | -1.26 | -1.48 | -0.69 | -0.5 | -2.27 | -1.28 |
| Tax % | -26.92 | 33.21 | 22.88 | 14.42 | -34.13 | -38.51 | 0 | 0 | 0 | — |
| Net Profit | -0.19 | 1.83 | 1.18 | 2.67 | -0.83 | -0.91 | -0.69 | -0.5 | -2.27 | -1.29 |
| EPS in Rs | — | 1.08 | 0.69 | — | -0.45 | -0.49 | -0.37 | -0.27 | -1.22 | -0.7 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1.5 | 1.5 | 1.7 | 1.71 | 3.43 | 3.71 | 3.71 | 3.71 | 3.71 | 3.71 |
| Reserves | 0.62 | 0.54 | 14.74 | 17.22 | 25.32 | 24.54 | 23.54 | 22.88 | 22.38 | 20.11 |
| Borrowings | 0 | 2.9 | 0 | 0.06 | 0.03 | 0 | 0 | 0.21 | 0.07 | 0.36 |
| Other Liabilities | 0.14 | 8.42 | 1.35 | 1.45 | 0.41 | 0.04 | 0.1 | 0.31 | 0.44 | 0.4 |
| Total Liabilities | 2.26 | 13.36 | 17.79 | 20.44 | 29.19 | 28.29 | 27.35 | 27.11 | 26.6 | 24.58 |
| Fixed Assets | 0.06 | 0.02 | 3.85 | 4.59 | 4.26 | 4.03 | 3.68 | 3.28 | 2.98 | 2.74 |
| CWIP | 0 | 0 | 0.52 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.1 | 5.37 | 10.22 | 13.48 | 23.1 | 22.36 | 21.07 | 21.02 | 21.14 | 19.04 |
| Other Assets | 2.1 | 7.97 | 3.2 | 2.37 | 1.83 | 1.9 | 2.6 | 2.81 | 2.48 | 2.8 |
| Total Assets | 2.26 | 13.36 | 17.79 | 20.44 | 29.19 | 28.29 | 27.35 | 27.11 | 26.6 | 24.58 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1.26 | -2.72 | 5.84 | 2.02 | 2.76 | -1.64 | -1.28 | 0.96 | -0.07 | -2.08 |
| Cash from Investing Activity | 1.09 | -5.14 | -9.25 | -4.12 | -9.73 | 0.57 | 1.25 | -1.34 | 0.26 | 1.81 |
| Cash from Financing Activity | 0 | 11 | 1.43 | 1.34 | 7.17 | 0.49 | 0 | 0.41 | -0.14 | 0.28 |
| Net Cash Flow | -0.17 | 3.14 | -1.98 | -0.76 | 0.2 | -0.58 | -0.03 | 0.03 | 0.05 | 0.01 |
| Free Cash Flow | -0.98 | -2.69 | 1.34 | 1.38 | 2.61 | -1.88 | -1.34 | 0.96 | -0.07 | -2.08 |
| CFO/OP | 233 | 1133 | 233 | 104 | 77 | 164 | 121 | -320 | 35 | 103 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 30.42 | 0 | 54.11 | 7.14 | 33.45 | 236.57 | — | 152.08 | 46.79 | 46.79 |
| Cash Conversion Cycle | 30.42 | 0 | 54.11 | 7.14 | 33.45 | 236.57 | — | 152.08 | 46.79 | 46.79 |
| Working Capital Days | 5900.83 | -6430.95 | 51.36 | 43.84 | 58.89 | 993.61 | — | 1338.33 | 299.49 | 346.28 |
| ROCE % | — | -6.52 | 25.63 | 8.75 | 13.1 | -4.28 | -5.3 | -2.55 | -1.89 | -8.94 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 806.02 | Sell |
| EMA (10) | 799.97 | Sell |
| SMA (20) | 828.36 | Sell |
| EMA (20) | 820.93 | Sell |
| SMA (50) | 881.3 | Sell |
| EMA (50) | 856.68 | Sell |
| SMA (100) | 892 | Sell |
| EMA (100) | 879 | Sell |
| SMA (200) | 919.48 | Sell |
| EMA (200) | 896.63 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.87 | Neutral |
| MACD (12,26,9) | -25.84 | Sell |
| Stochastic (14,3,3) | 21.44 | Neutral |
| ADX (14) | 26.58 | Buy |
| Williams %R (14) | -56.35 | Neutral |
| ATR (14) | 29.07 | High Volatility |
| ROC (12) | -6.27 | Sell |
| Stoch RSI (14) | 60.27 | Neutral |
| UO (7,14,28) | 46.64 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-06 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0072b772-caa4-4cde-b83e-4dcf5b1adb8d.pdf) |
| 2026-01-29 | [Reg 23(5)(i): Disclosure of material issue](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa2ee9a2-1408-4084-b596-b500f6dfd812.pdf) |
| 2026-01-21 | [Reg 26K: Quarterly Compliance Report on Corporate governance](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9197b45e-c0c3-4003-981e-31f9956d7cde.pdf) |
| 2026-01-14 | [Unit Holding Pattern](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed2c540f-9689-4f22-a569-5566e63ac787.pdf) |
| 2026-01-05 | [Investor Complaints](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fdf5d6e6-b493-4c53-b2ac-37459564a279.pdf) |
| 2016-01-21 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9523E534_203A_40F6_91EC_7771A556C5CC_104636.pdf) |
| 2016-01-21 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/1/9523E534_203A_40F6_91EC_7771A556C5CC_104636.pdf) |
| 2016-01-11 | [Statement of Assets & Liabilities as on September 30, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=AAA22A6B_62F8_49A7_94F3_E8096EADAB2D_154517.pdf) |
| 2016-01-11 | [Statement of Assets & Liabilities as on September 30, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/1/AAA22A6B_62F8_49A7_94F3_E8096EADAB2D_154517.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/506131/5061310315.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/506131/5061310314.pdf) |
| Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/506131/5061310313.pdf) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/506131/5061310312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/506131/5061310311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/506131/5061310310.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-09-04 | Credit rating update — CARE Ratings |
| 2024-09-09 | Credit rating update — CARE Ratings |
| 2023-08-28 | Credit rating update — CARE Ratings |

---

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 2026-10-13T10:59:18.397Z.