---
title: "Dr M Induscorp Ltd (519512) — Share Price, Financials & Analysis"
symbol: "519512"
company: "Dr M Induscorp Ltd"
canonical: "https://tapetide.com/stocks/519512"
isin: "INE733B01016"
bse_code: "519512"
generated_at: "2026-10-13T11:00:57.814Z"
---

# Dr M Induscorp Ltd (519512)

Canonical page: https://tapetide.com/stocks/519512

## Company

- **BSE Code:** 519512
- **ISIN:** INE733B01016
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Weaknesses

- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -14% |
| revenue growth | 70% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.06 | 0.05 | 0.06 | 0.08 | 20.03 | 77.79 | 187.24 | 96.58 | 56.38 | 112.1 |
| Expenses | 0.12 | 0.11 | 0.15 | 0.15 | 20.18 | 76.57 | 188.17 | 95.74 | 56.35 | 110.35 |
| Operating Profit | -0.06 | -0.06 | -0.09 | -0.07 | -0.15 | 1.22 | -0.93 | 0.84 | 0.03 | 1.75 |
| OPM % | -100 | -120 | -150 | -87.5 | -0.75 | 1.57 | -0.5 | 0.87 | 0.05 | 1.56 |
| Other Income | 0.04 | 0.1 | 0.14 | 0.12 | 0.08 | 0.18 | 0.01 | 0 | 0.05 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.02 | 0.02 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.01 | 0.05 |
| Profit before tax | -0.02 | 0.04 | 0.05 | 0.05 | -0.07 | 1.4 | -0.92 | 0.79 | 0.05 | 1.68 |
| Tax % | 0 | 0 | 0 | 0 | -57.14 | 22.14 | 0 | 0 | 40 | 33.33 |
| Net Profit | -0.02 | 0.04 | 0.05 | 0.04 | -0.03 | 1.09 | -0.93 | 0.79 | 0.03 | 1.12 |

### Profit & Loss

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

| Item | Mar 2016 | Mar 2017 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 265 | 450 |
| Expenses | 0 | 1 | 0 | 265 | 450 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 |
| OPM % | -245 | -76 | -108 | 0 | 0.1 |
| Other Income | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 |
| Tax % | 0 | 22 | 0 | 16 | 18 |
| Net Profit | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2016 | Mar 2017 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 8 | 8 | 8 | 8 | 8 |
| Reserves | -5 | -5 | -5 | -5 | -5 |
| Borrowings | 0 | 0 | 0 | 2 | 2 |
| Other Liabilities | 0 | 0 | 0 | 7 | 13 |
| Total Liabilities | 3 | 3 | 2 | 12 | 18 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3 | 3 | 2 | 11 | 18 |
| Total Assets | 3 | 3 | 2 | 12 | 18 |

### Cash Flow

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

| Item | Mar 2016 | Mar 2017 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | -2 | 0 | -4 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 2 | 3 |
| Net Cash Flow | 0 | 0 | -1 | 2 | 0 |
| Free Cash Flow | 0 | 0 | -2 | 0 | -4 |
| CFO/OP | 0 | 0 | 577 | 750 | -1396 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | 0 | — |
| Inventory Days | — | — | — | 0 | — |
| Cash Conversion Cycle | — | — | — | 0 | — |
| Working Capital Days | — | — | — | 3 | — |
| ROCE % | — | 3 | — | 12 | — |

## Shareholding Pattern

### annual

| Category | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Dec 2023 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69.17% | 70.02% | 62.24% | 0.24% | 0.24% | 0.2% | 0.2% | 0.2% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% |
| Public | 30.83% | 29.98% | 37.76% | 99.77% | 99.76% | 99.8% | 99.79% | 99.79% |
| No. of Shareholders | 464 | 479 | 643 | 3140 | 2716 | 3303 | 3957 | 3955 |

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Apr 2023 | Sep 2023 | Dec 2023 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 62.24% | 24.73% | 0.24% | 0.24% | 0.24% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% |
| Public | 37.76% | 75.28% | 99.77% | 99.76% | 99.76% | 99.79% | 99.8% | 99.8% | 99.8% | 99.79% | 99.79% | 99.79% |
| No. of Shareholders | 643 | 1702 | 3140 | 3006 | 2716 | 2688 | 3303 | 3303 | 4048 | 3957 | 3957 | 3955 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 23.16 | Sell |
| EMA (10) | 22.95 | Sell |
| SMA (20) | 24.37 | Sell |
| EMA (20) | 23.85 | Sell |
| SMA (50) | 25.75 | Sell |
| EMA (50) | 25.65 | Sell |
| SMA (100) | 28.58 | Sell |
| EMA (100) | 27.86 | Sell |
| SMA (200) | 32.11 | Sell |
| EMA (200) | 30.1 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.24 | Neutral |
| MACD (12,26,9) | -1.08 | Sell |
| Stochastic (14,3,3) | 9.8 | Buy |
| ADX (14) | 18.4 | Neutral |
| Williams %R (14) | -92.62 | Buy |
| ATR (14) | 1.31 | High Volatility |
| ROC (12) | -11.09 | Sell |
| Stoch RSI (14) | 1.2 | Buy |
| UO (7,14,28) | 41.37 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-01-23 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/BRIGHT_23012026204440_20251231_Reg_74_Covering_Letter.pdf) |
| 2025-11-06 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/BRIGHT_06112025175237_20251106_Reg_44_VR_Covering_Letter.pdf) |
| 2025-11-05 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/BRIGHT_05112025172238_20251105_Reg_30_Proceedings_of_EGM.pdf) |
| 2025-10-16 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BRIGHT_16102025153335_20251016_SE_Covering_Advertisement.pdf) |
| 2025-10-13 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/BRIGHT_13102025194214_20251013_SE_Covering_Notice.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2023 | [Financial Year 2023](https://archives.nseindia.com/annual_reports/SME_AR_23854_BRIGHT_2022_2023_08092023175329_09082023180016.zip) |
| 2022 | [Financial Year 2022](https://archives.nseindia.com/annual_reports/SME_AR_21735_BRIGHT_2021_2022_08092022185800.xml) |
| 2021 | [Financial Year 2021](https://archives.nseindia.com/annual_reports/SME_AR_19169_BRIGHT_2020_2021_02092021145115_09022021150014.zip) |
| 2020 | [Financial Year 2020](https://archives.nseindia.com/annual_reports/SME_AR_17131_BRIGHT_2019_2020_02092020143253_02092020150002.zip) |
| 2019 | [Financial Year 2019](https://archives.nseindia.com/annual_reports/SME_AR_16054_BRIGHT_2018_2019_27092019103357_27092019110004.zip) |
| 2018 | [Financial Year 2018](https://archives.nseindia.com/annual_reports/SME_AR_14128_BRIGHT_2017_2018_06102018134053.zip) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2020-01-09 | Credit rating update — CARE Ratings |
| 2019-03-18 | 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 2026-10-13T11:00:57.814Z.