---
title: "Himadri Credit & Finance Ltd (530397) — Share Price, Financials & Analysis"
symbol: "530397"
company: "Himadri Credit & Finance Ltd"
canonical: "https://tapetide.com/stocks/530397"
isin: "INE018C01010"
bse_code: "530397"
generated_at: "2026-10-13T11:00:53.498Z"
---

# Himadri Credit & Finance Ltd (530397)

Canonical page: https://tapetide.com/stocks/530397

## Company

- **BSE Code:** 530397
- **ISIN:** INE018C01010
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Himadri Credit & Finance Limited engages in the corporate financing and investment businesses in India.

## Latest Price

## Key Insights

### Strengths

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

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 0.62% over last 3 years.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -67% | 0% | -39% |
| revenue growth | 44% | 25% | -15% |

## 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.03 | 0.02 | 0.1 | 0.06 | 0.08 | 0.1 | 0.1 | 0.07 |
| Expenses | 0.06 | 0.05 | 0.05 | 0.06 | 0.06 | 0.07 | 0.06 | 0.07 |
| Operating Profit | -0.03 | -0.03 | 0.05 | 0 | 0.02 | 0.03 | 0.04 | 0 |
| OPM % | -100 | -150 | 50 | 0 | 25 | 30 | 40 | 0 |
| Other Income | 0.07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0.01 | 0.03 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.04 | -0.03 | 0.05 | 0 | 0.01 | 0 | 0.04 | 0 |
| Tax % | 0 | 0 | 0 | — | -200 | — | 0 | — |
| Net Profit | 0.04 | -0.03 | 0.05 | 0 | 0.03 | 0 | 0.04 | 0 |

### 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 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.89 | 2.14 | 1.57 | 1.65 | 1.11 | 0.56 | 0.25 | 0.27 | 0.34 | 0.49 |
| Expenses | 0.18 | 0.08 | 0.08 | 0.67 | 0.21 | 0.23 | 0.23 | 0.24 | 0.24 | 0.23 |
| Operating Profit | 1.71 | 2.06 | 1.49 | 0.98 | 0.9 | 0.33 | 0.02 | 0.03 | 0.1 | 0.26 |
| OPM % | 90.48 | 96.26 | 94.9 | 59.39 | 81.08 | 58.93 | 8 | 11.11 | 29.41 | 53.06 |
| Other Income | 0.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1.45 | 1.33 | 1.21 | 0.7 | 0.67 | 0.1 | 0 | 0.01 | 0.04 | 0.23 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.42 | 0.73 | 0.28 | 0.28 | 0.23 | 0.23 | 0.02 | 0.02 | 0.06 | 0.03 |
| Tax % | 21.43 | 9.59 | 7.14 | 0 | 0 | 8.7 | 0 | -100 | -16.67 | 0 |
| Net Profit | 0.33 | 0.66 | 0.26 | 0.28 | 0.23 | 0.21 | 0.02 | 0.04 | 0.06 | 0.02 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 1.73 | 2.4 | 2.65 | 2.94 | 3.17 | 3.38 | 3.4 | 3.44 | 3.51 | 3.53 |
| Borrowings | 14.15 | 12.66 | 11.67 | 9.61 | 9.65 | 0 | 0 | 2.01 | 5.15 | 0.34 |
| Other Liabilities | 9.37 | 9.41 | 9.16 | 6.87 | 5.09 | 6.77 | 6.08 | 6.05 | 6.04 | 6.16 |
| Total Liabilities | 28.25 | 27.47 | 26.48 | 22.42 | 20.91 | 13.15 | 12.48 | 14.5 | 17.7 | 13.03 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 12.08 | 12.08 | 12.2 | 12.11 | 12.11 | 12.11 | 12.11 | 12.14 | 12.17 | 12.74 |
| Other Assets | 16.17 | 15.39 | 14.28 | 10.31 | 8.8 | 1.04 | 0.37 | 2.36 | 5.53 | 0.29 |
| Total Assets | 28.25 | 27.47 | 26.48 | 22.42 | 20.91 | 13.15 | 12.48 | 14.5 | 17.7 | 13.03 |

### Cash Flow

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 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 6.84 | -1.53 | -0.37 | 0.28 | -1.64 | 0.53 | -0.04 | -0.12 | -0.19 | -0.05 |
| Cash from Investing Activity | -5.95 | 3.01 | 1.37 | 1.84 | 1.5 | 7.45 | 0.57 | -1.9 | -3 | 4.83 |
| Cash from Financing Activity | -0.85 | -1.49 | -0.99 | -2.06 | 0.05 | -7.91 | -0.66 | 1.98 | 3.14 | -4.81 |
| Net Cash Flow | 0.04 | -0.01 | 0.01 | 0.06 | -0.09 | 0.07 | -0.13 | -0.04 | -0.05 | -0.03 |
| Free Cash Flow | 6.84 | -1.53 | -0.37 | 0.28 | -1.64 | 0.53 | -0.04 | -0.12 | -0.19 | -0.05 |
| CFO/OP | 406 | -77 | -9 | 35 | -171 | 36 | -150 | -400 | -190 | -19 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85.88 | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85.88 | 0 |
| Working Capital Days | 1245.63 | 961.96 | 1106.62 | 670.27 | 1114.73 | 332.41 | 0 | 2730.74 | 5603.82 | -74.49 |
| ROCE % | 9.35 | 11.15 | 8.42 | 5.96 | 5.74 | 2.97 | 0.31 | 0.4 | 0.99 | 2.81 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 3 / 7 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 328.73 | Sell |
| EMA (10) | 324.79 | Sell |
| SMA (20) | 333.06 | Sell |
| EMA (20) | 325.72 | Sell |
| SMA (50) | 315.56 | Buy |
| EMA (50) | 326.75 | Sell |
| SMA (100) | 352.86 | Sell |
| EMA (100) | 328.47 | Sell |
| SMA (200) | 305.21 | Buy |
| EMA (200) | 311.26 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.14 | Neutral |
| MACD (12,26,9) | 0.5 | Sell |
| Stochastic (14,3,3) | 24.14 | Neutral |
| ADX (14) | 19.87 | Neutral |
| Williams %R (14) | -61.09 | Neutral |
| ATR (14) | 18.69 | High Volatility |
| ROC (12) | -4.92 | Sell |
| Stoch RSI (14) | 34.52 | Neutral |
| UO (7,14,28) | 48.57 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2012 | [Financial Year 2012](https://www.bseindia.com/bseplus/AnnualReport/532672/5326720312.pdf) |
| Mar 2011 | [Financial Year 2011](https://www.bseindia.com/bseplus/AnnualReport/532672/5326720311.pdf) |
| 2011 | [Financial Year 2011](https://archives.nseindia.com/annual_reports/AR_GLODYNE_2010_2011_05082011072526.zip) |
| Mar 2010 | [Financial Year 2010](https://www.bseindia.com/bseplus/AnnualReport/532672/5326720310.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 2026-10-13T11:00:53.498Z.