---
title: "India E-Commerce Ltd (531061) — Share Price, Financials & Analysis"
symbol: "531061"
company: "India E-Commerce Ltd"
canonical: "https://tapetide.com/stocks/531061"
isin: "INE416B01018"
bse_code: "531061"
generated_at: "2026-10-13T11:00:57.351Z"
---

# India E-Commerce Ltd (531061)

Canonical page: https://tapetide.com/stocks/531061

## Company

- **BSE Code:** 531061
- **ISIN:** INE416B01018
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** indiaecommerce.co.in

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of -9.20% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 175% | — |
| revenue growth | 450% | -18% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0.01 | 0.04 | 0.06 |
| Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 0 | 0 | 0.01 | 0.05 | 0.02 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | -0.07 | 0 | 0 | 0 | -0.01 | 0.04 |
| OPM % | — | — | — | — | — | — | -350 | — | — | 0 | -25 | 66.67 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | -0.04 | 0 | 0 | 0 | -0.01 | 0.04 |
| Tax % | — | — | — | — | — | — | 0 | — | — | — | 0 | 0 |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | -0.04 | 0 | 0 | 0 | -0.01 | 0.04 |

### Profit & Loss

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0.09 | 0 | 0.02 | 0.05 | 0.11 |
| Expenses | 0 | 0 | 0 | 0.09 | 0 | 0.09 | 0.06 | 0.08 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | -0.07 | -0.01 | 0.03 |
| OPM % | — | — | — | 0 | — | -350 | -20 | 27.27 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | -0.07 | -0.01 | 0.03 |
| Tax % | — | — | — | — | — | 0 | 0 | — |
| Net Profit | 0 | 0 | 0 | 0 | 0 | -0.07 | -0.01 | 0.03 |
| Dividend Payout % | — | — | — | — | — | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 |
| Reserves | -2.68 | -2.68 | -2.68 | -2.68 | -2.68 | -2.76 | -2.76 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 |
| Total Liabilities | 0.33 | 0.34 | 0.34 | 0.34 | 0.34 | 0.25 | 0.25 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.33 | 0.34 | 0.34 | 0.34 | 0.34 | 0.25 | 0.25 |
| Total Assets | 0.33 | 0.34 | 0.34 | 0.34 | 0.34 | 0.25 | 0.25 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CFO/OP | — | — | — | — | — | 0 | 0 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | — | 1338.33 | — | 365 | 0 |
| Inventory Days | — | — | — | 0 | — | 0 | 0 |
| Cash Conversion Cycle | — | — | — | 1338.33 | — | 365 | 0 |
| Working Capital Days | — | — | — | 1338.33 | — | 365 | 511 |
| ROCE % | — | 0 | 0 | 0 | 0 | -24.14 | -4 |

## Shareholding Pattern

### annual

| Category | Mar 2017 |
| --- | --- |
| Promoters | 0.68% |
| DIIs | 3.32% |
| Public | 96% |
| No. of Shareholders | 776 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 |
| --- | --- | --- | --- | --- |
| Promoters | 0.68% | 0.68% | 0.68% | 0.68% |
| DIIs | 3.32% | 3.32% | 3.32% | 3.32% |
| Public | 96% | 96% | 96% | 96% |
| No. of Shareholders | 777 | 776 | 776 | 776 |

## 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) | 14.72 | Sell |
| EMA (10) | 14.58 | Sell |
| SMA (20) | 14.94 | Sell |
| EMA (20) | 14.7 | Sell |
| SMA (50) | 14.71 | Sell |
| EMA (50) | 14.88 | Sell |
| SMA (100) | 15.48 | Sell |
| EMA (100) | 15.38 | Sell |
| SMA (200) | 16.36 | Sell |
| EMA (200) | 16.47 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.88 | Neutral |
| MACD (12,26,9) | -0.1 | Sell |
| Stochastic (14,3,3) | 17.96 | Buy |
| ADX (14) | 25.73 | Buy |
| Williams %R (14) | -78.7 | Neutral |
| ATR (14) | 0.93 | High Volatility |
| ROC (12) | -9.11 | Sell |
| Stoch RSI (14) | 21.29 | Neutral |
| UO (7,14,28) | 36.27 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-04 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/HINDCON_04022026121950_HINDCONNP04022026.pdf) |
| 2026-02-02 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/HINDCON_02022026170830_HINDCONBM02022026.pdf) |
| 2026-02-02 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/HINDCON_02022026171247_HINDCONBM02022026.pdf) |
| 2026-01-07 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/HINDCON_07012026130344_Hindconreg745.pdf) |
| 2025-12-22 | [Trading Window](https://nsearchives.nseindia.com/corporate/HINDCON_22122025125555_HINDCON.pdf) |
| 2017-04-28 | [Correction In Registered Office Address Intimated Earlier](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55cecc6f-d990-4b38-8f57-73ffe91a21cf.pdf) |
| 2017-04-28 | [Correction In Registered Office Address Intimated Earlier](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/4/55cecc6f-d990-4b38-8f57-73ffe91a21cf.pdf) |
| 2017-04-12 | [Change Of Registered Office](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8d9c985-6088-425f-a000-44d84cae2234.pdf) |
| 2017-04-12 | [Change Of Registered Office](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/4/f8d9c985-6088-425f-a000-44d84cae2234.pdf) |
| 2017-03-21 | [Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a2b6488-3fd4-40c7-b387-886dad743f52.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://archives.nseindia.com/annual_reports/AR_27873_HINDCON_2024_2025_A_9116869_29082025154813.pdf) |
| 2024 | [Financial Year 2024](https://archives.nseindia.com/annual_reports/AR_24705_HINDCON_2023_2024_2907202415300.pdf) |
| 2023 | [Financial Year 2023](https://archives.nseindia.com/annual_reports/AR_23931_HINDCON_2022_2023_11102023165744_10112023170001.zip) |
| 2021 | [Financial Year 2021](https://archives.nseindia.com/annual_reports/AR_18699_HINDCON_2020_2021_11082021150003_11082021160003.zip) |

---

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 2026-10-13T11:00:57.351Z.