--- title: "Mudit Finlease Ltd (531919) — Share Price, Financials & Analysis" symbol: "531919" company: "Mudit Finlease Ltd" canonical: "https://tapetide.com/stocks/531919" isin: "INE220D01010" bse_code: "531919" generated_at: "2026-10-13T11:00:45.322Z" --- # Mudit Finlease Ltd (531919) Canonical page: https://tapetide.com/stocks/531919 ## Company - **BSE Code:** 531919 - **ISIN:** INE220D01010 - **Stock Type:** EQUITY - **Listed Since:** 2010-03-03 - **Face Value:** ₹10 - **F&O Eligible:** No - **Website:** miditfinlease.com ## About Mudit Finlease is mainly engaged into Investments, Trading in Securities and Finance activities. ## Latest Price ## Key Insights ### Strengths - Company has reduced debt. ### Weaknesses - Stock is trading at 3.06 times its book value - Though the company is reporting repeated profits, it is not paying out dividend - The company has delivered a poor sales growth of -42.0% over past five years. - Company has a low return on equity of 6.49% over last 3 years. - Debtor days have increased from 60.3 to 111 days. - Working capital days have increased from 460 days to 796 days ## Growth Rates | Metric | 1Y | 3Y | 5Y | | --- | --- | --- | --- | | net income growth | 16% | 17% | 75% | | revenue growth | -6% | -53% | -42% | ## Financial Statements ### Quarterly Results All figures in ₹ crore unless the row name says otherwise. | Item | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 0.46 | 0.19 | 0.19 | 0.29 | 1.19 | 0.63 | 0.63 | 0.63 | 0.92 | 0.63 | 0.63 | 0.71 | | Expenses | 0.13 | 0.14 | 0.13 | 0.16 | 0.13 | 0.14 | 0.09 | 0.1 | 0.11 | 0.15 | 0.07 | 0.12 | | Operating Profit | 0.33 | 0.05 | 0.06 | 0.13 | 1.06 | 0.49 | 0.54 | 0.53 | 0.81 | 0.48 | 0.56 | 0.59 | | OPM % | 71.74 | 26.32 | 31.58 | 44.83 | 89.08 | 77.78 | 85.71 | 84.13 | 88.04 | 76.19 | 88.89 | 83.1 | | Other Income | 0 | 0 | 0 | 0 | 0 | 0 | -0.18 | 0 | 0 | 0 | 0 | -0.26 | | Interest | 0.19 | 0 | 0 | 0 | 0.35 | 0 | 0 | 0 | 0.25 | 0 | 0 | 0.03 | | Depreciation | 0.14 | 0.11 | 0.12 | 0.14 | 0.18 | 0.14 | 0.15 | 0.15 | 0.14 | 0.1 | 0.11 | 0.11 | | Profit before tax | 0 | -0.06 | -0.06 | -0.01 | 0.53 | 0.35 | 0.21 | 0.38 | 0.42 | 0.38 | 0.45 | 0.19 | | Tax % | — | 33.33 | -16.67 | 0 | 18.87 | 25.71 | 47.62 | 23.68 | 19.05 | 26.32 | 24.44 | 0 | | Net Profit | 0.01 | -0.08 | -0.05 | 0 | 0.43 | 0.25 | 0.11 | 0.3 | 0.34 | 0.27 | 0.34 | 0.18 | | EPS in Rs | 0.02 | -0.16 | -0.1 | 0 | 0.84 | 0.49 | 0.22 | 0.59 | 0.67 | 0.53 | 0.67 | 0.35 | ### 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 | Mar 2017 | Mar 2018 | TTM | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Sales | 0.69 | 38.4 | 39.95 | 43.06 | 23.31 | 26.83 | 13.92 | 1.86 | 2.82 | 2.89 | | Expenses | 0.43 | 38.14 | 39.51 | 42.38 | 23.05 | 25.83 | 13.45 | 0.55 | 0.42 | 0.45 | | Operating Profit | 0.26 | 0.26 | 0.44 | 0.68 | 0.26 | 1 | 0.47 | 1.31 | 2.4 | 2.44 | | OPM % | 37.68 | 0.68 | 1.1 | 1.58 | 1.12 | 3.73 | 3.38 | 70.43 | 85.11 | 84.43 | | Other Income | 0 | 0.02 | 0 | 0 | 0.54 | 0.63 | 0 | 0 | -0.2 | -0.26 | | Interest | 0.28 | 0.28 | 0.45 | 0.42 | 0.04 | 0.33 | 0.19 | 0.36 | 0.26 | 0.28 | | Depreciation | 0 | 0 | 0.32 | 0.3 | 0.27 | 0.36 | 0.39 | 0.55 | 0.58 | 0.46 | | Profit before tax | -0.02 | 0 | -0.33 | -0.04 | 0.49 | 0.94 | -0.11 | 0.4 | 1.36 | 1.44 | | Tax % | 0 | — | 15.15 | 100 | 8.16 | 21.28 | -90.91 | 27.5 | 25.74 | — | | Net Profit | -0.02 | 0 | -0.38 | -0.08 | 0.45 | 0.73 | -0.01 | 0.29 | 1.01 | 1.13 | | EPS in Rs | -0.04 | 0 | -0.75 | -0.16 | 0.88 | 1.43 | -0.02 | 0.57 | 1.98 | 2.22 | | Dividend Payout % | 0 | — | 0 | 0 | 45.24 | 0 | 0 | 0 | 0 | — | ### Balance Sheet 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 | Mar 2018 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Equity Capital | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | 5.09 | | Reserves | 1.28 | 1.26 | 1.26 | 0.88 | 0.8 | 1.02 | 1.99 | 1.99 | 2.28 | 3.28 | | Borrowings | 5.23 | 7 | 11.15 | 7.54 | 6.88 | 4 | 5 | 3.07 | 3.06 | 3.82 | | Other Liabilities | 0.1 | 0.03 | 0.06 | 0.21 | 0.29 | 1.28 | 0.76 | 0.33 | 0.2 | 0.38 | | Total Liabilities | 11.7 | 13.38 | 17.56 | 13.72 | 13.06 | 11.39 | 12.84 | 10.48 | 10.63 | 12.57 | | Fixed Assets | 2.51 | 2.5 | 6.91 | 6.73 | 6.44 | 6.2 | 5.96 | 6.26 | 6.62 | 6.08 | | CWIP | 2.13 | 3.39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | | Other Assets | 7.06 | 7.49 | 10.65 | 6.99 | 6.62 | 5.19 | 6.88 | 4.22 | 4.01 | 6.49 | | Total Assets | 11.7 | 13.38 | 17.56 | 13.72 | 13.06 | 11.39 | 12.84 | 10.48 | 10.63 | 12.57 | ### Cash Flow 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 | Mar 2018 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Cash from Operating Activity | 0.29 | -1.01 | -0.9 | -0.42 | -0.09 | 1.59 | -0.16 | 0.68 | 0.88 | -1.19 | | Cash from Investing Activity | -1.73 | -1.26 | -0.77 | -0.23 | 0.24 | -0.02 | -0.11 | -0.69 | -0.93 | 1.27 | | Cash from Financing Activity | 2.29 | 1.55 | 1.45 | 1.26 | -0.79 | -1.23 | 0 | 0 | 0 | 0 | | Net Cash Flow | 0.85 | -0.72 | -0.22 | 0.61 | -0.64 | 0.34 | -0.26 | -0.02 | -0.05 | 0.08 | | Free Cash Flow | -1.44 | -2.27 | -1.92 | -0.56 | -0.1 | 1.57 | -0.28 | -0.01 | -0.05 | 0.08 | | CFO/OP | 69 | -388 | -346 | -84 | -6 | 627 | -8 | 166 | 84 | -41 | ### Ratios | Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Debtor Days | 0 | 0 | 1.9 | 1.92 | 0 | 0 | 6.26 | 0.79 | 68.68 | 111.31 | | Inventory Days | — | — | 9.08 | 13.27 | 17.22 | 32.74 | 30.51 | 0 | — | — | | Days Payable | — | — | 0 | 0 | 1.13 | 0.16 | 3.74 | — | — | — | | Cash Conversion Cycle | 0 | 0 | 10.98 | 15.19 | 16.09 | 32.57 | 33.03 | 0.79 | 68.68 | 111.31 | | Working Capital Days | 3193.75 | 3792.83 | 85.55 | 41.39 | 42.64 | 41.81 | 65.57 | 70.54 | 512.18 | 796.01 | | ROCE % | 3.46 | 2.08 | 1.82 | 0.77 | 2.89 | 4.63 | 11.45 | 0.72 | 7.39 | 16.09 | ## Shareholding Pattern ### annual | Category | Mar 2017 | Mar 2018 | Dec 2018 | | --- | --- | --- | --- | | Promoters | 67.56% | 67.56% | 67.56% | | Public | 32.44% | 32.44% | 32.44% | | No. of Shareholders | 600 | 601 | 635 | ### Quarterly | Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Promoters | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% | 67.56% | | Public | 32.44% | 32.44% | 32.44% | 32.44% | 32.44% | 32.44% | 32.44% | 32.44% | 32.44% | 32.44% | 32.44% | | No. of Shareholders | 598 | 598 | 597 | 600 | 602 | 603 | 599 | 601 | 608 | 617 | 635 | ## Filings & Documents ### Other Documents | Date | Document | | --- | --- | | 2026-03-10 | [Intimation Of Schedule Of Analyst / Institutional Investors' Meet](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5f7943f6-5ad2-4d9d-80a6-9ae2c133342a.pdf) | | 2026-03-10 | [Intimation Of Schedule Of Analyst / Institutional Investors' Meet](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a5178d0c-b534-4371-aac1-6f019903629f.pdf) | | 2026-03-07 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/xml-data/corpfiling/AttachLive/21df15f5-4ebb-4be8-8ced-320653b18c1e.pdf) | | 2026-02-27 | [Certificate Of Registration Granted To Kfin Global Technologies (IFSC) Limited Under IFSCA'S Techfin And Ancillary Services Framework](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9225b70-1ac6-4918-baaa-8a5785030bc8.pdf) | | 2026-02-25 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3058d9d4-02f0-4a1f-ba32-2eafe424f62f.pdf) | | 2026-02-24 | [Intimation Of Environmental, Social, And Governance ('ESG') Rating For The Financial Year 2024-25](https://www.bseindia.com/xml-data/corpfiling/AttachHis/398b8aea-5245-41a6-86d1-8c3819e015d3.pdf) | | 2026-02-24 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/14489f26-c1cb-46a2-9d29-92779e891498.pdf) | | 2026-02-24 | [Intimation Of Schedule Of Analyst / Institutional Investors' Meet](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c721c6e4-0958-461f-80ef-6c78dc8d0f35.pdf) | | 2026-02-23 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachLive/25ea58b9-bbe5-41d6-b047-2b372bb6792b.pdf) | | 2026-02-18 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/xml-data/corpfiling/AttachLive/00119140-aa2d-4280-a1b1-b17e3af2abd2.pdf) | ### Annual Reports | Date | Document | | --- | --- | | 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c0bb8eb-3ef6-4e59-bb6d-cf4e741c5721.pdf) | | 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c861931-0344-4101-a070-009d1adb518f.pdf) | | 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76d33eb2-473c-4688-9c1a-ac40e8d26a49.pdf) | | Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/531919/5319190318.pdf) | | Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/531919/5319190317.pdf) | | Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/531919/5319190316.pdf) | | Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/531919/5319190315.pdf) | | Mar 2014 | [Annual Report 2014](https://www.bseindia.com/bseplus/AnnualReport/531919/5319190314.pdf) | | Mar 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport/531919/5319190313.pdf) | | Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/531919/5319190312.pdf) | ### Earnings Call Documents | Date | Document | | --- | --- | | Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25ea58b9-bbe5-41d6-b047-2b372bb6792b.pdf) | | Feb 2026 | Concall - Feb 2026 | | Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9af98416-71e6-4097-8a95-f3d2fb7f7a08.pdf) | | Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dac95bcd-d35c-4b29-ad82-9813193bdfa9.pdf) | | May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09b641c5-37f2-4e74-a851-94a59b9755d2.pdf) | | Apr 2025 | [Concall - Apr 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d453e4be-798d-4494-8024-9eec418c74d1.pdf) | | Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a2956f0-397c-4d8d-9063-43a7bd393709.pdf) | | Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d28081d-ad8f-463b-a494-fd3531f35978.pdf) | | Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e5462bad-763b-4d1b-8ac3-5c3078bcb7c0.pdf) | | May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7728a116-b8b9-41bb-8977-a53cf1b8ecd5.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 2026-10-13T11:00:45.322Z.