Heads UP Ventures
Heads UP Ventures (HEADSUP) share price was ₹5.68 at the 28 Oct 2026 close; market capitalisation ₹12.54 Cr; sector Textiles. The share price fell 45.8% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Jun 2026 quarter, revenue fell 100.0% year on year to under ₹0.1 Cr and net profit was −₹0.02 Cr, against ₹2.91 Cr a year earlier (compared with Jun 2025). Promoters held 13.55% of Heads UP Ventures in Jun 2026, unchanged from Mar 2026. Its Tapetide Score is 35/100 (Poor) as of 28 Oct 2026.
Key Fundamentals
MicrocapTextilesConsumer DiscretionaryPrice-based figures as of 29 Oct 2026, 11:11 IST · EPS basis: Standalone · TTM
Peer Comparison
Consumer Discretionary › Textiles › Textile Trading › Trading - Textile Products
| ₹337.75 | 40.64 | 4,778 Cr | 2.70 | 0.99% | 9.55% | 16.62% | 13,627 Cr | 186 Cr | |
| ₹27.80 | 9.75 | 81 Cr | 0.42 | 0.00% | 3.27% | 3.59% | 169 Cr | 8 Cr | |
| ₹28.25 | 5.56 | 62 Cr | 0.61 | 0.00% | 7.10% | 11.66% | 455 Cr | 11 Cr | |
| ₹135.00 | — | 53 Cr | 2.37 | 0.00% | 2.84% | 3.58% | — | — | |
| ₹50.38 | 119.95 | 25 Cr | 0.73 | 0.00% | 0.55% | 0.48% | 5 Cr | 0 Cr | |
| ₹5.99 | — | 13 Cr | 0.86 | 0.00% | 9.09% | 10.43% | 7 Cr | -3 Cr | |
| Median 6 companies | ₹39.32 | 25.20 | 58 Cr | 0.79 | 0.00% | 5.19% | 7.01% | 169 Cr | 8 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company. 2 companies are not shown because they are not listed on an exchange we cover.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Data confidence 88/100
Category scores
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company is almost debt free.
- Stock is trading at 0.91 times its book value
- Company's working capital requirements have reduced from 3,302 days to 119 days
Weaknesses
5- Company has low interest coverage ratio.
- Promoter holding is low: 13.6%
- Company has a low return on equity of -6.43% over last 3 years.
- Company has high debtors of 377 days.
- Promoter holding has decreased over last 3 years: -19.6%
Technical Indicators
Oscillators
Bearish
Overall
Bearish
Moving Averages
Bearish
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.44 | 0.03 | 0 | 0.16 | 0 | 0 | 0.15 | 1.27 | 11.5 | 2.96 | 0 | 2.8 | 0 |
| Expenses | 1.29 | 0.89 | 0.73 | 2.15 | 0.41 | 0.04 | 0.06 | 0.14 | 9.34 | 2.94 | 0.61 | 5.91 | 0.02 |
| Operating Profit | -0.85 | -0.86 | -0.73 | -1.99 | -0.41 | -0.04 | 0.09 | 1.13 | 2.16 | 0.02 | -0.61 | -3.11 | -0.02 |
| OPM % | -193.18% | -2866.67% | — | -1243.75% | — | — | 60% | 88.98% | 18.78% | 0.68% | — | -111.07% | — |
| Other Income | 0 | 0.1 | 0.02 | 0.04 | 0.18 | 0.32 | 0.17 | 0.17 | 0.75 | 1.03 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.02 | 0.02 | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| PBT | -0.86 | -0.78 | -0.73 | -1.96 | -0.23 | 0.28 | 0.26 | 1.29 | 2.91 | 1.05 | -0.61 | -3.11 | -0.02 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 3.57% | 0% | 14.73% | 0% | 24.76% | 0% | 0% | 0% |
| Net Profit | -0.86 | -0.78 | -0.72 | -1.96 | -0.23 | 0.27 | 0.26 | 1.1 | 2.91 | 0.78 | -0.61 | -3.11 | -0.02 |
| EPS (₹) | -0.39 | -0.35 | -0.33 | -0.89 | -0.1 | 0.12 | 0.12 | 0.5 | 1.32 | 0.35 | -0.28 | -1.41 | -0.01 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 172 | 218 | 260 | 259 | 220 | 152 | 0.44 | 0.97 | 0.73 | 0.63 | 1.41 | 17.26 | 5.76 |
| Expenses | 128 | 178 | 232 | 239 | 214 | 161 | 8.11 | 7.34 | 10.72 | 5.05 | 0.64 | 18.8 | 9.48 |
| Operating Profit | 44.07 | 40.4 | 27.53 | 20.55 | 6.08 | -8.73 | -7.67 | -6.37 | -9.99 | -4.42 | 0.77 | -1.54 | -3.72 |
| OPM % | 25.64% | 18.52% | 10.61% | 7.92% | 2.77% | -5.75% | -1743.18% | -656.7% | -1368.49% | -701.59% | 54.61% | -8.92% | -64.58% |
| Other Income | 0.92 | 1.23 | 1.77 | 1.01 | 0.97 | 8.5 | 5.13 | 1.54 | 0.78 | 0.16 | 0.84 | 1.78 | 1.03 |
| Interest | 11.47 | 5.88 | 3.08 | 2.37 | 3.09 | 7.7 | 0.2 | 0.49 | 0.5 | 0 | 0 | 0 | 0 |
| Depreciation | 2.35 | 2.99 | 3.4 | 3.67 | 3.86 | 14.01 | 0.05 | 0.04 | 0.04 | 0.05 | 0.01 | 0 | 0 |
| PBT | 31.17 | 32.76 | 22.82 | 15.52 | 0.1 | -21.94 | -2.79 | -5.36 | -9.75 | -4.31 | 1.6 | 0.24 | -2.69 |
| Tax % | 35.29% | 34.65% | 38.74% | 41.75% | 690% | 41.52% | 0% | 0% | -0.92% | 0% | 12.5% | 112.5% | — |
| Net Profit | 20.17 | 21.42 | 13.98 | 9.03 | -0.59 | -31.05 | -2.79 | -5.36 | -9.66 | -4.32 | 1.39 | -0.03 | -2.96 |
| EPS (₹) | — | — | 6.33 | 4.09 | -0.27 | -14.06 | -1.26 | -2.43 | -4.37 | -1.96 | 0.63 | -0.01 | -1.35 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.05 | 0.05 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 | 22.08 |
| Reserves | 42.16 | 63.58 | 36.21 | 45.34 | 44.76 | 13.93 | 11.07 | 5.69 | -3.93 | -8.14 | -6.75 | -6.75 |
| Borrowings | 38.9 | 19.93 | 8.08 | 7.5 | 8.46 | 2.29 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 29.74 | 64.25 | 66.74 | 59.41 | 45.22 | 19.18 | 10.9 | 7.38 | 3.34 | 2.33 | 2.93 | 29.76 |
| Total Liabilities | 111 | 148 | 133 | 134 | 121 | 57.48 | 44.05 | 35.15 | 21.49 | 16.27 | 18.26 | 45.09 |
| Fixed Assets | 21.81 | 24.68 | 24.86 | 26.05 | 22.58 | 1.7 | 0.15 | 0.12 | 0.24 | 0.17 | 0.15 | 0.15 |
| CWIP | 0 | 0 | 0.04 | 0.01 | 0.01 | 0 | 0 | 0.03 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 89.04 | 123 | 108 | 108 | 97.93 | 55.78 | 43.9 | 35 | 21.25 | 16.1 | 18.11 | 44.94 |
| Total Assets | 111 | 148 | 133 | 134 | 121 | 57.48 | 44.05 | 35.15 | 21.49 | 16.27 | 18.26 | 45.09 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 10.33 | 31.44 | 15.5 | 8.54 | 2.03 | 23.68 | 12.2 | 0.84 | -9.46 | -1.14 | 0.09 | -0.95 |
| Investing | -38.2 | -5.86 | -3.52 | -5.19 | -1.57 | -5.32 | -15.15 | 0.85 | 1.45 | 0.14 | 0.84 | 0 |
| Financing | 28.37 | -25.9 | -11.72 | -2.35 | -1.5 | -13.32 | -2.42 | -0.48 | -0.49 | 0 | 0 | -0.31 |
| Net Cash Flow | 0.5 | -0.32 | 0.27 | 0.99 | -1.04 | 5.04 | -5.37 | 1.21 | -8.5 | -0.99 | 0.93 | -1.25 |
| Free Cash Flow | -13.83 | 25.58 | 11.88 | 3.34 | 0.44 | 18.36 | 13.78 | 0.8 | -9.62 | -1.13 | 0.09 | -0.95 |
| CFO/OP | 23 | 78 | 144 | 112 | 57 | -271 | -159 | -13 | 95 | 26 | 12 | 44 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99.95 | 111 | 19.28 | 28.02 | 36.67 | 15.16 | 1,643 | 519 | 560 | 533 | 274 | 377 |
| Inventory Days | 108 | 127 | 216 | 181 | 153 | 0.81 | 0 | 0 | 709 | 0 | — | 190 |
| Days Payable | 56.24 | 94.13 | 145 | 144 | 140 | 62.92 | — | — | 220 | — | — | 539 |
| Cash Conversion Cycle | 152 | 143 | 89.98 | 65.15 | 49.47 | -46.95 | 1,643 | 519 | 1,048 | 533 | 274 | 28.05 |
| Working Capital Days | 49.56 | 58.01 | 27.22 | 40.91 | 56.11 | 70.07 | 13,381 | 4,553 | 7,455 | 6,703 | 3,083 | 119 |
| ROCE % | 105.14% | 46.93% | 34.55% | 25.72% | 5.84% | -24.47% | -7.5% | -15.99% | -40.29% | -26.86% | 10.93% | 1.57% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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61 extracted metrics + investor summaries across FY13–FY27.
Documents
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Company Information
Incorporated in 2011, Heads UP Ventures Ltd is in the business of trading garments[1]
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