---
title: "Amzel Ltd (509356) — Share Price, Financials & Analysis"
symbol: "509356"
company: "Amzel Ltd"
canonical: "https://tapetide.com/stocks/509356"
isin: "INE644G01014"
bse_code: "509356"
generated_at: "2026-10-13T10:59:18.467Z"
---

# Amzel Ltd (509356)

Canonical page: https://tapetide.com/stocks/509356

## Company

- **BSE Code:** 509356
- **ISIN:** INE644G01014
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -3.90% over last 3 years.

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | 29% | -6% |
| revenue growth | -77% | — |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2024 | Sep 2025 |
| --- | --- | --- |
| Sales | 254 | 294 |
| Expenses | 249 | 289 |
| Operating Profit | 5 | 6 |
| OPM % | 2 | 2 |
| Other Income | 4 | 0 |
| Interest | 0 | 0 |
| Depreciation | 0 | 0 |
| Profit before tax | 9 | 6 |
| Tax % | 26 | 26 |
| Net Profit | 7 | 4 |
| EPS in Rs | 12.39 | 2.69 |

### Profit & Loss

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.31 | 0.58 | 0.34 | 0.09 | 0 | 0 | 0.01 | 0.01 | 0.13 | 0.03 |
| Expenses | 2.25 | 2.13 | 0.99 | 0.67 | 0.99 | 0.18 | 0.28 | 0.81 | 0.17 | 0.09 |
| Operating Profit | -0.94 | -1.55 | -0.65 | -0.58 | -0.99 | -0.18 | -0.27 | -0.8 | -0.04 | -0.06 |
| OPM % | -71.76 | -267.24 | -191.18 | -644.44 | — | — | -2700 | -8000 | -30.77 | -200 |
| Other Income | 1.14 | 2.24 | 1.1 | 1.05 | 0.55 | 0.14 | 0.12 | 1.47 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 |
| Depreciation | 0.07 | 0.03 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 |
| Profit before tax | 0.13 | 0.66 | 0.45 | 0.47 | -0.44 | -0.04 | -0.16 | 0.65 | -0.04 | -0.06 |
| Tax % | 46.15 | 12.12 | 13.33 | 29.79 | -27.27 | -25 | -31.25 | 23.08 | 75 | -33.33 |
| Net Profit | 0.07 | 0.58 | 0.39 | 0.33 | -0.32 | -0.04 | -0.11 | 0.5 | -0.07 | -0.05 |
| Dividend Payout % | 292.86 | 53.45 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.41 | 0.31 | 0.24 | 0.24 | 0.2 | 0.2 | 0.2 | 0.15 | 0.11 | 0.11 |
| Reserves | 3.46 | 2.84 | 2.62 | 2.96 | 2.05 | 2.01 | 1.87 | 1.44 | 1.05 | 1 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 | 0.05 |
| Other Liabilities | 0.85 | 0.64 | 0.55 | 0.35 | 0.05 | 0.05 | 0.03 | 0.21 | 0.05 | 0.05 |
| Total Liabilities | 4.72 | 3.79 | 3.41 | 3.55 | 2.3 | 2.26 | 2.1 | 1.8 | 1.26 | 1.21 |
| Fixed Assets | 0.39 | 0.17 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3.55 | 2.88 | 2.24 | 1.95 | 1.68 | 1.69 | 0.88 | 1.1 | 0.76 | 0.68 |
| Other Assets | 0.78 | 0.74 | 1.14 | 1.57 | 0.6 | 0.55 | 1.21 | 0.7 | 0.5 | 0.53 |
| Total Assets | 4.72 | 3.79 | 3.41 | 3.55 | 2.3 | 2.26 | 2.1 | 1.8 | 1.26 | 1.21 |

### Cash Flow

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

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.77 | -0.73 | — | — | — | — | — | 0 | -0.13 | -0.03 |
| Cash from Investing Activity | 0.34 | 2.01 | — | — | — | — | — | 0 | 0.22 | 0.03 |
| Cash from Financing Activity | -1.92 | -1.18 | — | — | — | — | — | 0 | -0.24 | 0 |
| Net Cash Flow | -2.35 | 0.1 | — | — | — | — | — | 0 | -0.15 | 0 |
| Free Cash Flow | -0.31 | 0.47 | — | — | — | — | — | 0 | -0.13 | -0.03 |
| CFO/OP | 55 | 49 | — | — | — | — | — | 0 | 50 | 50 |

### Ratios

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 25.08 | 18.88 | 10.74 | 0 | — | — | 0 | 0 | 0 | 0 |
| Inventory Days | 16.15 | 38.83 | 104.29 | 0 | — | — | — | — | — | — |
| Days Payable | 119.51 | 7.77 | 0 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | -78.29 | 49.94 | 115.02 | 0 | — | — | 0 | 0 | 0 | 0 |
| Working Capital Days | -97.52 | -245.43 | -289.85 | -689.44 | — | — | -1095 | -6935 | -56.15 | -121.67 |
| ROCE % | -7.08 | -10.54 | 1.33 | 0.33 | -16.15 | -1.79 | -7.48 | — | -2.86 | -5.06 |

## Shareholding Pattern

### annual

| Category | Dec 2025 |
| --- | --- |
| Promoters | 72.98% |
| DIIs | 0.05% |
| Public | 26.97% |
| No. of Shareholders | 380 |

### Quarterly

| Category | Sep 2025 | Dec 2025 |
| --- | --- | --- |
| Promoters | 72.98% | 72.98% |
| DIIs | 0.05% | 0.05% |
| Public | 26.97% | 26.97% |
| No. of Shareholders | 367 | 380 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 5 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 478.57 | Sell |
| EMA (10) | 472.49 | Sell |
| SMA (20) | 524.18 | Sell |
| EMA (20) | 497.82 | Sell |
| SMA (50) | 518.06 | Sell |
| EMA (50) | 504.73 | Sell |
| SMA (100) | 482.52 | Sell |
| EMA (100) | 479.93 | Sell |
| SMA (200) | 419.97 | Buy |
| EMA (200) | 442.85 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.12 | Neutral |
| MACD (12,26,9) | -24.27 | Sell |
| Stochastic (14,3,3) | 13.57 | Buy |
| ADX (14) | 29.85 | Buy |
| Williams %R (14) | -79.43 | Neutral |
| ATR (14) | 25.95 | High Volatility |
| ROC (12) | -19.77 | Sell |
| Stoch RSI (14) | 27.14 | Neutral |
| UO (7,14,28) | 41.48 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-05 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 05.03.2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3af594ff-7b65-417e-adfd-adb48e52b563.pdf) |
| 2026-02-26 | [Board Meeting Intimation for The Meeting Of The Board Of The Company Will Be Held On Thursday, March 5Th, 2026 At 5:00 P.M](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1026a083-1eb8-4472-96de-2a7ada358710.pdf) |
| 2026-02-14 | [Statement Of Deviation And Variation For Quarter Ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d6951af-ef7d-4dad-8557-cd1a3e3c962e.pdf) |
| 2026-02-13 | [Statement Of Deviation And Variation For Quarter Ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33fa5756-d775-4bb6-a0f1-1a0d48de8165.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1ef9ec2-651b-4365-8079-2db57077a67e.pdf) |
| 2026-02-13 | [Intimation Under Regulation 262(6) Of SEBI (Issue Of Capital And Disclosure Requirements Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd82c4b0-992e-439f-beb5-5d0de954b200.pdf) |
| 2026-01-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5491ea6-ea9f-4446-978d-ea4c5320ee34.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2021-10-13 | Credit rating update — Acuité |
| 2021-02-16 | Credit rating update — Acuité |
| 2019-12-12 | Credit rating update — Acuité |
| 2019-09-24 | Credit rating update — Acuité |
| 2018-07-04 | Credit rating update — Acuité |

---

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 2026-10-13T10:59:18.467Z.