---
title: "Naturewings Holidays Ltd (544245) — Share Price, Financials & Analysis"
symbol: "544245"
company: "Naturewings Holidays Ltd"
canonical: "https://tapetide.com/stocks/544245"
isin: "INE0N4701016"
nse_symbol: "NATUREWINGSHOLIDAYSLTD"
bse_code: "544245"
sector: "Leisure Services"
industry: "Tour & Travel"
market_cap_cr: 26.7
generated_at: "2026-09-13T20:15:52.927Z"
---

# Naturewings Holidays Ltd (544245)

Canonical page: https://tapetide.com/stocks/544245

## Company

- **NSE Symbol:** NATUREWINGSHOLIDAYSLTD
- **BSE Code:** 544245
- **ISIN:** INE0N4701016
- **Sector:** Leisure Services
- **Industry:** Tour & Travel
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-09-10
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** naturewings.com

## About

Incorporated in 2018, Naturewings Holidays Ltd is in the business of providing Travel and Tourism services[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:04.524910Z.

- **Market Cap:** ₹26.7 Cr
- **Classification:** SME
- **P/E (reported):** 17.2
- **Book Value:** ₹35.94
- **Price to Book:** 2.09
- **Dividend Yield:** 2.13%
- **ROE:** 11.84%
- **ROCE:** 16.04%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹30.27 Cr
- **Net Income:** ₹1.52 Cr
- **EBITDA:** ₹1.74 Cr
- **52-Week High:** ₹98.76
- **52-Week Low:** ₹56.8
- **RSI (14):** 22.57

## Key Insights

### Strengths

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

### Weaknesses

- Promoter holding has decreased over last quarter: -7.50%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -275% | -160% | -0.84% |
| ebitda margin growth | -23.69% | -25.2% | -23.69% |
| net income growth | 38.18% | 34% | 73% |
| revenue growth | 40.14% | 37% | 85% |
| roce | -71.32% | -69.85% | 33.33% |
| roe | -71.9% | 32.1% | -16.15% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 12.5 | 9.32 | 12.47 | 9 | 17.74 | 12.53 |
| Expenses | 12.03 | 8.21 | 11.46 | 8.53 | 16.03 | 12.51 |
| Operating Profit | 0.47 | 1.11 | 1.01 | 0.47 | 1.71 | 0.02 |
| OPM % | 3.76 | 11.91 | 8.1 | 5.22 | 9.64 | 0.16 |
| Other Income | 0.01 | 0.08 | 0.03 | 0.11 | 0.11 | 0.32 |
| Interest | 0.02 | 0 | 0.02 | 0 | 0 | 0 |
| Depreciation | 0.07 | 0.07 | 0.06 | 0.07 | 0.13 | 0.01 |
| Profit before tax | 0.39 | 1.12 | 0.96 | 0.51 | 1.69 | 0.33 |
| Tax % | 25.64 | 26.79 | 25 | 29.41 | 26.04 | 9.09 |
| Net Profit | 0.3 | 0.82 | 0.72 | 0.36 | 1.24 | 0.3 |
| EPS in Rs | 3.53 | 3.71 | 2.28 | 1.14 | 3.92 | 0.84 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 15.2 | 1.38 | 4.13 | 11.7 | 21.89 | 21.47 | 30.27 |
| Expenses | 14.33 | 1.3 | 3.88 | 10.75 | 20.2 | 19.98 | 28.54 |
| Operating Profit | 0.87 | 0.08 | 0.25 | 0.95 | 1.69 | 1.49 | 1.73 |
| OPM % | 5.72 | 5.8 | 6.05 | 8.12 | 7.72 | 6.94 | 5.72 |
| Other Income | 0.12 | 0.03 | 0.06 | 0.06 | 0.01 | 0.14 | 0.43 |
| Interest | 0.02 | 0 | 0.01 | 0.02 | 0.04 | 0.03 | 0 |
| Depreciation | 0.05 | 0.03 | 0.02 | 0.15 | 0.14 | 0.12 | 0.14 |
| Profit before tax | 0.92 | 0.08 | 0.28 | 0.84 | 1.52 | 1.48 | 2.02 |
| Tax % | 27.17 | -25 | 28.57 | 22.62 | 26.32 | 26.35 | 23.76 |
| Net Profit | 0.67 | 0.1 | 0.2 | 0.65 | 1.12 | 1.08 | 1.55 |
| EPS in Rs | 134 | 20 | 40 | 7.65 | 5.07 | 3.42 | 4.36 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 43.89 | 0 |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.05 | 0.05 | 0.05 | 0.85 | 2.21 | 3.16 | 3.56 |
| Reserves | 0.56 | 0.65 | 0.84 | 0.69 | 0.45 | 5.99 | 9.23 |
| Borrowings | 0.02 | 0.02 | 0.09 | 0.07 | 0.05 | 0.03 | 0.01 |
| Other Liabilities | 2.86 | 1.53 | 2.11 | 3.53 | 3 | 4.26 | 5.49 |
| Total Liabilities | 3.49 | 2.25 | 3.09 | 5.14 | 5.71 | 13.44 | 18.29 |
| Fixed Assets | 0 | 0.05 | 0.15 | 1.77 | 1.68 | 1.61 | 1.52 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.49 | 2.2 | 2.94 | 3.37 | 4.03 | 11.83 | 16.77 |
| Total Assets | 3.49 | 2.25 | 3.09 | 5.14 | 5.71 | 13.44 | 18.29 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 0 | 0.54 | 1.4 | 0.48 | -0.84 | 1.69 |
| Cash from Investing Activity | 0 | 0 | -0.12 | -1.78 | -0.06 | -2.81 | 0.18 |
| Cash from Financing Activity | 0 | 0 | 0.04 | 0.02 | -0.06 | 5.38 | 2.07 |
| Net Cash Flow | 0 | 0 | 0.47 | -0.36 | 0.37 | 1.74 | 3.93 |
| Free Cash Flow | 0 | 0 | 0.42 | -0.38 | 0.44 | -0.9 | 1.64 |
| CFO/OP | 0 | 0 | 240 | 171 | 52 | -54 | 122 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 53.07 | 0 | 0 | 0.94 | 2 | 2.89 | 2.77 |
| Cash Conversion Cycle | 53.07 | 0 | 0 | 0.94 | 2 | 2.89 | 2.77 |
| Working Capital Days | -8.88 | -290.94 | -121.08 | -63.64 | -19.68 | 12.75 | 4.34 |
| ROCE % | — | 11.85 | 34.12 | 66.41 | 72.22 | 25.4 | 18.38 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 66.99% | 66.99% | 66.99% | 66.99% | 66.99% | 59.49% | 59.49% |
| FIIs | 0% | 0.35% | 0.35% | 0.35% | 0.35% | 0.31% | 0.31% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 31.19% | 26.53% | 26.28% | 26.33% | 26.23% | 34.48% | 33.41% |
| Others | 1.82% | 6.13% | 6.38% | 6.33% | 6.43% | 5.71% | 6.79% |
| No. of Shareholders | 572 | 263 | 232 | 205 | 176 | 186 | 165 |

## Technical Indicators

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

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 6 / 7 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 72.82 | Buy |
| EMA (10) | 73.44 | Buy |
| SMA (20) | 75.99 | Sell |
| EMA (20) | 74.48 | Buy |
| SMA (50) | 74.56 | Buy |
| EMA (50) | 75.34 | Sell |
| SMA (100) | 77.48 | Sell |
| EMA (100) | 75.45 | Sell |
| SMA (200) | 74.87 | Buy |
| EMA (200) | 73.52 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 50.16 | Neutral |
| MACD (12,26,9) | -1.04 | Sell |
| Stochastic (14,3,3) | 29.58 | Neutral |
| ADX (14) | 11.26 | Neutral |
| Williams %R (14) | -53.75 | Neutral |
| ATR (14) | 5.33 | High Volatility |
| ROC (12) | -12.54 | Sell |
| Stoch RSI (14) | 47.96 | Neutral |
| UO (7,14,28) | 53.75 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d25a9b93-3764-4eac-aab2-aa3315f89001.pdf) |
| 2026-08-31 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0e5d46a-d70c-470d-a232-7cde23047bd6.pdf) |
| 2026-08-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ac6bb90-324b-4b32-b9ce-4141f02ad489.pdf) |
| 2026-08-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c1520efe-26f8-45ba-9705-7d47da7142ea.pdf) |
| 2026-08-07 | [Agm To Be Held On 31St August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1008595-5a1a-4bd3-82f5-85cf909a3a40.pdf) |
| 2026-07-27 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a04fd90f-607b-40b3-bc98-d59882d0da30.pdf) |
| 2026-07-27 | [Announcement under Regulation 30 (LODR)-Dividend Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e9625bb-804d-41a4-b276-4e0d36f81867.pdf) |
| 2026-07-27 | [Intimation Of Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19437967-4d5c-40be-99db-bfb7943fffa9.pdf) |
| 2026-07-27 | [Announcement under Regulation 30 (LODR)-Issue of Securities](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b054883-f260-458c-87c7-e6ce9cd319cc.pdf) |
| 2026-07-22 | [Update on board meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6dc0e44-63b3-4b30-b7cf-a9664a7b1465.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Jan - Allotment of 3,98,400 equity shares at Rs.75 each; proceeds Rs.2,98,80,000 on January 6, 2026 | [Announcement under Regulation 30 (LODR)-Allotment 6 Jan - Allotment of 3,98,400 equity shares at Rs.75 each; proceeds Rs.2,98,80,000 on January 6, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7cbeba6a-a3fa-4003-ac7d-5df6d24f1eef.pdf) |
| 27 Mar - Appointed M/s. Rajat Kala & Associates as internal auditor for FY2025-26, effective 27 Mar 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 27 Mar - Appointed M/s. Rajat Kala & Associates as internal auditor for FY2025-26, effective 27 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19a4ca63-9c57-493e-a348-d82048bb6e6c.pdf) |
| 24 Jan - Corporate guarantee Rs.74.00 Cr to Axis Finance for subsidiary Sagar Cements (M) Pvt Ltd term loan on 24 Jan 2026. | [Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 24 Jan - Corporate guarantee Rs.74.00 Cr to Axis Finance for subsidiary Sagar Cements (M) Pvt Ltd term loan on 24 Jan 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c82b0015-6a33-431d-9c1c-ece9155ba766.pdf) |
| 21 Jan - Registrar's certificate under SEBI Reg 74(5) for quarter ended 31 Dec 2025; no rematerialisation requests; shares fully dematerialised. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 21 Jan - Registrar's certificate under SEBI Reg 74(5) for quarter ended 31 Dec 2025; no rematerialisation requests; shares fully dematerialised.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2aec422c-80cc-4f83-b11c-f80a22cbd609.pdf) |
| 2 Apr - Company says share price movement is market-driven; no undisclosed material event exists. | [Rumour verification - Regulation 30(11) 2 Apr - Company says share price movement is market-driven; no undisclosed material event exists.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed4b7471-6cd2-4dde-842a-a6bb023c7d7f.pdf) |
| 14 Nov 2025 - Board approved H1 results (ended Sep 30, 2025) — revenue Rs1,773.69L, PAT Rs124.42L. | [Board Meeting Outcome for Unaudited Financial Results For Half Year Ended 30Th September 2025 14 Nov 2025 - Board approved H1 results (ended Sep 30, 2025) — revenue Rs1,773.69L, PAT Rs124.42L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f6ffb1b-df4b-430d-b56a-0d42e9b5c05f.pdf) |
| 11 Feb - Copies of newspaper clipping where in the postal ballot notice was published. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Feb - Copies of newspaper clipping where in the postal ballot notice was published.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00d105f9-775e-4bfc-86dc-765471a591f3.pdf) |
| 10 Mar - M/s Prithviraj & Co. resigned as internal auditor effective March 09, 2026; resignation letter attached. | [Announcement under Regulation 30 (LODR)-Change in Management 10 Mar - M/s Prithviraj & Co. resigned as internal auditor effective March 09, 2026; resignation letter attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/69a451cb-a274-4951-9ab3-54b3b5e428aa.pdf) |
| 10 Feb - Postal ballot: reappoint nominee director; appoint Manager Rs.5 lakh/month; related-party deals up to Rs.630 crore and Rs.125 crore loan. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 10 Feb - Postal ballot: reappoint nominee director; appoint Manager Rs.5 lakh/month; related-party deals up to Rs.630 crore and Rs.125 crore loan.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e3c8771-41f9-4627-a9aa-7eb61c68049d.pdf) |
| — | [Closure of Trading Window 27 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/684a5909-a39e-448b-b0e9-f3ab63782347.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1267_SAGCEM_2012_2013_29082013110135.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c1520efe-26f8-45ba-9705-7d47da7142ea.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/096ffe50-4325-4ba8-b418-41d73094afbb.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8e871b2-1752-4c2b-ab7e-2b4b7fc602ed.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/865a2d6c-2392-493b-bfb3-9ff98f1a630d.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d04002e4-3ca8-498a-809f-00e787738af8.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/502090/73096502090.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/502090/68734502090.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/502090/5020900320.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/502090/5020900319.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-11-14 | [Unaudited Financial Results For Half Year Ended 30-09-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cc9c93d-62b2-4648-9cd3-36cacec7f212.pdf) |
| 2025-05-29 | [Results For The Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8336d855-8363-4144-a8b7-3e803c96b8a9.pdf) |
| 2024-11-13 | [Un Audited Financial Results As On 30-09-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2f8af2b-979b-4db0-96b9-f9c1a60fe007.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74cdd6ac-644c-4105-80b5-52a11ff29432.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73ab9faa-96e1-4dca-9df4-3f1c653f9619.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b7fe2901-31d0-4d12-a76f-2b89858793da.pdf) |
| Oct 2019 | [Concall - Oct 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/642975fb-d4ec-45d5-9e59-110ea3e69649.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/305a99f3-9ade-40a1-a8ed-0eb99730454e.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7d28b28-31e0-4de4-a9ff-bd3ddb5a7383.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/c841b593-956e-43ec-bb6b-1575bafff78c.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/7c51a18b-dedf-491b-93fb-4743531eccef.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d0a5f70f-5849-4f94-992d-f01af50ab5a3.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f07d2f4-586a-4a37-872e-3a4221603f42.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 2026-09-13T20:15:52.927Z.