---
title: "CIFCO Finance Ltd (511086) — Share Price, Financials & Analysis"
symbol: "511086"
company: "CIFCO Finance Ltd"
canonical: "https://tapetide.com/stocks/511086"
bse_code: "511086"
sector: "Financial Services"
industry: "Finance"
generated_at: "2026-09-13T18:58:57.449Z"
---

# CIFCO Finance Ltd (511086)

Canonical page: https://tapetide.com/stocks/511086

## Company

- **BSE Code:** 511086
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** cifco.in

## About

CIFCO Finance Ltd. is engaged in leasing, hire-purchase, bill discounting and deals in short term money market instruments.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 80% | 25% | 15% |
| revenue growth | -100% | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.03 | 0 | 0.09 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 |
| Operating Profit | 0.03 | -0.01 | 0.08 | 0.02 | 0 | 0 | 0 | 0 | -0.02 | 0 | 0 | 0 |
| OPM % | 100 | — | 88.89 | 66.67 | — | — | — | — | — | — | — | — |
| Other Income | 0.01 | 0.32 | 0 | 0 | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.1 | 0.17 | -0.06 | -0.12 | -0.1 | 0 | 0 | 0 | -0.02 | 0 | 0 | 0 |
| Tax % | 0 | 0 | 0 | 0 | 0 | — | — | — | 0 | — | — | — |
| Net Profit | -0.1 | 0.17 | -0.06 | -0.12 | -0.1 | 0 | 0 | 0 | -0.02 | 0 | 0 | 0 |

### 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 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.02 | 0.43 | 0.23 | 0.4 | 0.09 | 0.02 | 0.56 | 0.47 | 0 | 0 |
| Expenses | 0.07 | 0.03 | 0.03 | 0.68 | 1.25 | 0.05 | -0.02 | 0.01 | 0.02 | 0.02 |
| Operating Profit | -0.05 | 0.4 | 0.2 | -0.28 | -1.16 | -0.03 | 0.58 | 0.46 | -0.02 | -0.02 |
| OPM % | -250 | 93.02 | 86.96 | -70 | -1288.89 | -150 | 103.57 | 97.87 | — | — |
| Other Income | 0.03 | 0.28 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 |
| Interest | 0.59 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 0 | 0 |
| Depreciation | 0.11 | 0.1 | 0.09 | 0.08 | 0.04 | 0.03 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.72 | 0 | -0.47 | -0.94 | -1.78 | -0.64 | 0 | -0.11 | -0.02 | -0.02 |
| Tax % | 0 | — | -29.79 | 0 | 171.35 | 0 | — | 0 | 0 | — |
| Net Profit | -0.72 | 0 | -0.33 | -0.94 | -4.83 | -0.64 | 0 | -0.11 | -0.02 | -0.02 |
| Dividend Payout % | 0 | — | 0 | 0 | 0 | 0 | — | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 | 6.5 |
| Reserves | -20.52 | -21.24 | -21.23 | -21.57 | -22.51 | -27.34 | -27.98 | -27.98 | -28.09 | -28.11 |
| Borrowings | 7.55 | 7.48 | 7.31 | 7.31 | 7.28 | 7.28 | 7.27 | 7.27 | 7.26 | 7.25 |
| Other Liabilities | 14.34 | 14.76 | 14.82 | 13.77 | 13.99 | 14.57 | 15.15 | 15.76 | 16.24 | 16.25 |
| Total Liabilities | 7.87 | 7.5 | 7.4 | 6.01 | 5.26 | 1.01 | 0.94 | 1.55 | 1.91 | 1.89 |
| Fixed Assets | 0.53 | 0.42 | 0.33 | 0.21 | 0.13 | 0.09 | 0.04 | 0.04 | 0.04 | 0.04 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.65 | 1.41 | 1.38 | 1.38 | 1.38 | 0.14 | 0.11 | 0.07 | 1.04 | 1.04 |
| Other Assets | 5.69 | 5.67 | 5.69 | 4.42 | 3.75 | 0.78 | 0.79 | 1.44 | 0.83 | 0.81 |
| Total Assets | 7.87 | 7.5 | 7.4 | 6.01 | 5.26 | 1.01 | 0.94 | 1.55 | 1.91 | 1.89 |

### Cash Flow

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.03 | 0.07 | 0.6 | 0.02 | -0.25 | 0.01 | 0 | -0.53 | 0.86 | -0.01 |
| Cash from Investing Activity | 0 | 0 | -0.43 | -0.02 | 0.25 | 0 | 0.01 | 0.52 | -0.82 | 0 |
| Cash from Financing Activity | -0.05 | -0.07 | -0.17 | 0 | 0 | -0.01 | 0 | 0 | -0.01 | -0.01 |
| Net Cash Flow | -0.02 | 0 | 0 | 0 | 0 | 0 | 0.01 | -0.01 | 0.03 | -0.02 |
| Free Cash Flow | 0.03 | 0.07 | 0.6 | 0.02 | -0.25 | 0.01 | 0 | -0.53 | 0.86 | -0.01 |
| CFO/OP | 200 | -160 | 152 | -65 | 86 | -1 | 0 | -91 | 187 | 50 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 6113.75 | 12045 | 560.23 | 1047.39 | 0 | 0 | 0 | 0 | 0 | — |
| Cash Conversion Cycle | 6113.75 | 12045 | 560.23 | 1047.39 | 0 | 0 | 0 | 0 | 0 | — |
| Working Capital Days | -79022.5 | -166075 | -7766.86 | -20392.39 | -12519.5 | -58075.56 | -271925 | -9672.5 | -12417.77 | — |

## Shareholding Pattern

### annual

| Category | Dec 2025 |
| --- | --- |
| Promoters | 73.58% |
| FIIs | 2.77% |
| DIIs | 11.09% |
| Public | 12.56% |
| No. of Shareholders | 2041 |

### Quarterly

| Category | Dec 2025 |
| --- | --- |
| Promoters | 73.58% |
| FIIs | 2.77% |
| DIIs | 11.09% |
| Public | 12.56% |
| No. of Shareholders | 2041 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 7 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1140.12 | Sell |
| EMA (10) | 1134.72 | Sell |
| SMA (20) | 1141.61 | Sell |
| EMA (20) | 1135.71 | Sell |
| SMA (50) | 1111.5 | Buy |
| EMA (50) | 1123.1 | Sell |
| SMA (100) | 1101.84 | Buy |
| EMA (100) | 1131.09 | Sell |
| SMA (200) | 1203.9 | Sell |
| EMA (200) | 1177.54 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.84 | Neutral |
| MACD (12,26,9) | 2.66 | Sell |
| Stochastic (14,3,3) | 47.73 | Neutral |
| ADX (14) | 15.12 | Neutral |
| Williams %R (14) | -60.12 | Neutral |
| ATR (14) | 40.82 | High Volatility |
| ROC (12) | -0.51 | Sell |
| Stoch RSI (14) | 25.15 | Neutral |
| UO (7,14,28) | 53.96 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Bai-Kakaji incorporates 100% subsidiary Mundada Polymers Pvt Ltd on Feb 05, 2026; share capital Rs10,00,000. | [Announcement under Regulation 30 (LODR)-Acquisition 6 Feb - Bai-Kakaji incorporates 100% subsidiary Mundada Polymers Pvt Ltd on Feb 05, 2026; share capital Rs10,00,000.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9c9c7f5-254f-4688-a4ac-38e4d968b194.pdf) |
| 27 Jan - Certificate under Reg 74(5) for quarter ended 31-Dec-2025 (ISIN INE1IJQ01026). | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018 27 Jan - Certificate under Reg 74(5) for quarter ended 31-Dec-2025 (ISIN INE1IJQ01026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8e94739-d92a-48af-b6fe-4ad3333ffdda.pdf) |
| 27 Jan - Board approved WOS Mundada Polymers Pvt Ltd; authorized capital Rs10,00,000; takeover of proprietor firm. | [Announcement under Regulation 30 (LODR)-Acquisition 27 Jan - Board approved WOS Mundada Polymers Pvt Ltd; authorized capital Rs10,00,000; takeover of proprietor firm.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0a049ff-e5b6-4ce0-95ca-3473da6efc5a.pdf) |
| 27 Jan - Appointed M/s DSV & Associates as Secretarial Auditor for five-year term Apr 1, 2025–Mar 31, 2030. | [Announcement Under Regulation 30 (LODR) - Appointment Of Secretarial Auditor 27 Jan - Appointed M/s DSV & Associates as Secretarial Auditor for five-year term Apr 1, 2025–Mar 31, 2030.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67ad3aa8-9f17-4034-9ed4-3db95c096ecf.pdf) |
| 13 Feb - Bai-Kakaji loans up to Rs10 crore to wholly-owned Mundada Polymers; interest 7.5%, tenor up to five years, unsecured. | [Announcement Under Regulation 30 (LODR) - Loan Agreement 13 Feb - Bai-Kakaji loans up to Rs10 crore to wholly-owned Mundada Polymers; interest 7.5%, tenor up to five years, unsecured.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e68bc7e5-230c-4c5e-a8e0-ad5603d73833.pdf) |
| — | [Unaudited Financial Results For The Quarter Ended 31St December, 2018 15 Feb 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0dfea3a4-11a9-45de-9313-812befcb8116.pdf) |
| — | [Unaudited Financial Results For The Quarter Ended 31St December, 2018 15 Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/0dfea3a4-11a9-45de-9313-812befcb8116.pdf) |
| — | [Unaudited Financial Results For The Quarter Ended 31St December, 2017 14 Feb 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3b83e30-0c66-46bc-af1c-53ad4a502874.pdf) |
| — | [Unaudited Financial Results For The Quarter Ended 31St December, 2017 14 Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/d3b83e30-0c66-46bc-af1c-53ad4a502874.pdf) |
| — | [Revised Financial Results For The Quarter Ended 30Th September, 2017 7 Feb 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c1b4719-e824-4d75-aa9e-198ae0542c98.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/714027b4-0f3a-4041-9880-fe8c15fa8697.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 2026-09-13T18:58:57.449Z.