---
title: "Bala Techno Global Ltd (511395) — Share Price, Financials & Analysis"
symbol: "511395"
company: "Bala Techno Global Ltd"
canonical: "https://tapetide.com/stocks/511395"
isin: "INE652B01026"
bse_code: "511395"
generated_at: "2026-10-13T10:58:24.415Z"
---

# Bala Techno Global Ltd (511395)

Canonical page: https://tapetide.com/stocks/511395

## Company

- **BSE Code:** 511395
- **ISIN:** INE652B01026
- **Stock Type:** EQUITY
- **Listed Since:** 2007-07-12
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** balatechnoglobal.com

## About

Bala Techno Global is a diversified financial company. The Company offers leasing, bills discounting, short term finance, and investments in securities.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.19 times its book value
- Company is expected to give good quarter
- Debtor days have improved from 36.0 to 21.2 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 2.53% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -109% | — |
| revenue growth | 12% | 107% |

## 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 | Dec 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 34.41 | 7.2 | 6.14 | 28.43 | 117.57 | 18.05 | 42.11 | 20.96 | 186.62 | 24.72 | 5.59 | 5.26 |
| Expenses | 34.47 | 7.18 | 6.12 | 28.41 | 117.69 | 18.04 | 42.09 | 20.95 | 186.66 | 24.7 | 5.58 | 5.26 |
| Operating Profit | -0.06 | 0.02 | 0.02 | 0.02 | -0.12 | 0.01 | 0.02 | 0.01 | -0.04 | 0.02 | 0.01 | 0 |
| OPM % | -0.17 | 0.28 | 0.33 | 0.07 | -0.1 | 0.06 | 0.05 | 0.05 | -0.02 | 0.08 | 0.18 | 0 |
| Other Income | -0.02 | 0 | 0 | 0 | 0.48 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | -0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.09 | 0.01 | 0.01 | 0.01 | 0.4 | 0.01 | 0.02 | 0.01 | -0.04 | 0.02 | 0.01 | 0 |
| Tax % | -22.22 | 0 | 0 | 0 | -2.5 | 0 | 0 | 0 | 75 | 0 | 0 | — |
| Net Profit | -0.08 | 0.01 | 0.01 | 0.01 | 0.42 | 0.01 | 0.02 | 0.01 | -0.07 | 0.02 | 0.01 | 0 |
| EPS in Rs | -0.15 | 0.02 | 0.02 | 0.02 | 0.79 | 0.02 | 0.04 | 0.02 | -0.01 | 0 | 0 | 0 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 5 | 62 | 30 | 75 | 160 | 268 | 222 |
| Expenses | 3 | 62 | 30 | 75 | 159 | 268 | 222 |
| Operating Profit | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 42 | -0.1 | -0.2 | -0.1 | 0.3 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax % | 6 | 0 | -100 | -40 | -2 | 300 | — |
| Net Profit | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS in Rs | — | -0.02 | -0.02 | -0.08 | 0.85 | -0.01 | -0.01 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 5 | 32 | 33 | 44 | 74 | 65 |
| Total Liabilities | 8 | 36 | 38 | 49 | 79 | 70 |
| Fixed Assets | 1 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4 | 2 | 5 | 10 | 5 | 5 |
| Other Assets | 4 | 33 | 32 | 39 | 74 | 65 |
| Total Assets | 8 | 36 | 38 | 49 | 79 | 70 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2 | — | 2 | 4 | -5 | -1 |
| Cash from Investing Activity | 2 | — | -3 | -5 | 5 | 0 |
| Cash from Financing Activity | -3 | — | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0 | — | 0 | -1 | 1 | -1 |
| Free Cash Flow | 2 | — | 2 | 4 | -5 | -1 |
| CFO/OP | 73 | — | -3817 | -7960 | -1057 | -11300 |

### Ratios

| Item | Mar 2006 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 36 | 69 | 102 | 21 | 65 | 21 |
| Inventory Days | 0 | 2 | 1 | 0 | 35 | 21 |
| Days Payable | — | 186 | 401 | — | 167 | 87 |
| Cash Conversion Cycle | 36 | -115 | -298 | 21 | -67 | -45 |
| Working Capital Days | -66 | -114 | -297 | -194 | -68 | -46 |
| ROCE % | — | — | 0 | -1 | 8 | 0 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% |
| DIIs | 4.19% | 0% | 0% | 0% | 0% | 0% |
| Public | 70.18% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% |
| No. of Shareholders | 248 | 248 | 243 | 248 | 248 | 248 |

### Quarterly

| Category | Sep 2016 | Mar 2017 | Sep 2017 | Mar 2018 | Sep 2018 | Mar 2019 | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% | 25.63% |
| DIIs | 0% | 4.19% | 4.19% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 74.37% | 70.18% | 70.18% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% | 74.37% |
| No. of Shareholders | 250 | 248 | 257 | 248 | 249 | 243 | 248 | 248 | 248 | 248 | 248 | 248 |

## 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 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1016.68 | Sell |
| EMA (10) | 1013.5 | Sell |
| SMA (20) | 1066.13 | Sell |
| EMA (20) | 1044.99 | Sell |
| SMA (50) | 1096.68 | Sell |
| EMA (50) | 1102.55 | Sell |
| SMA (100) | 1189.87 | Sell |
| EMA (100) | 1192.14 | Sell |
| SMA (200) | 1414.47 | Sell |
| EMA (200) | 1310.13 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.59 | Neutral |
| MACD (12,26,9) | -36.51 | Sell |
| Stochastic (14,3,3) | 13.96 | Buy |
| ADX (14) | 25.23 | Buy |
| Williams %R (14) | -75.3 | Neutral |
| ATR (14) | 38.53 | High Volatility |
| ROC (12) | -10.37 | Sell |
| Stoch RSI (14) | 38.18 | Neutral |
| UO (7,14,28) | 46.22 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2022-06-01 | [Results-Delay in Financial Results](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1131c38-b0c9-4468-b18f-880ee2c2dc84.pdf) |
| 2022-05-18 | [Board Meeting Intimation for Consider And Approve Audited Financial Results For The Half Year And Year Ended On 31St March, 2022,](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8d641479-9e1f-46d7-b00c-47e913b87eac.pdf) |
| 2022-05-12 | [Enclosed Herewith Compliance Certificate For The Half Year Ended 31.03.2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6dba04a0-2e86-4109-b5eb-e665aa0f4101.pdf) |
| 2022-05-12 | [Compliance Certificate Under Regulation 40(9) & (10) Of The SEBI (LODR) Regulations, 2015 For Half Year Ended On 31.03.2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/245fe7f5-c58f-4eb8-b0cc-6ef63b3a70d3.pdf) |
| 2016-03-09 | [Standalone Financial Results for December 31, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41FF28D5_B931_43FE_82EA_88311A3ACB65_130013.pdf) |
| 2016-03-09 | [Standalone Financial Results for December 31, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/3/41FF28D5_B931_43FE_82EA_88311A3ACB65_130013.pdf) |
| 2016-01-05 | [Outcome of AGM & Scrutinizer's Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28979801_D54A_4943_90C7_30093892CE11_123636.pdf) |
| 2016-01-05 | [Outcome of AGM & Scrutinizer's Report](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/1/28979801_D54A_4943_90C7_30093892CE11_123636.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/780003/72645780003.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/780003/68452780003.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/780003/7800030319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/780003/7800030318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/780003/7800030317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/780003/7800030316.pdf) |
| Mar 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/780003/7800030315.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/511395/5113950315.pdf) |
| Mar 2014 | [Financial Year 2014](https://www.bseindia.com/bseplus/AnnualReport/780003/7800030314.pdf) |
| Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/511395/5113950314.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 2026-10-13T10:58:24.415Z.