---
title: "IVRCL Assets & Holdings Ltd (Merged) (IVRCLAH) — Share Price, Financials & Analysis"
symbol: "IVRCLAH"
company: "IVRCL Assets & Holdings Ltd (Merged)"
canonical: "https://tapetide.com/stocks/IVRCLAH"
generated_at: "2026-10-13T10:59:19.302Z"
---

# IVRCL Assets & Holdings Ltd (Merged) (IVRCLAH)

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

## Company

- **Stock Type:** DELISTED
- **Listed Since:** 2007-08-16
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ivrprime.com

## About

IVRCL Assets & Holdings Limited, together with its subsidiaries, engages in real estates and infrastructure activities in India. It develops projects related to townships, mega malls, and other real estate properties. The company also involves in the development, operations and management, and execution of infrastructure projects, principally in the build, operate, and transfer space in the verticals of highways, bridges, water, tankages, and multi level parking facilities for central and state governments, local bodies, and private sectors.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.32 times its book value
- Debtor days have improved from 131 to 40.6 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -3.90% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -406% | — |
| revenue growth | 451% | 55% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- |
| Sales | 148 | 236 | 46 | 159 | 876 |
| Expenses | 110 | 78 | 42 | 141 | 759 |
| Operating Profit | 38 | 158 | 3 | 18 | 117 |
| OPM % | 25 | 67 | 7 | 11 | 13 |
| Other Income | 0 | 19 | 11 | 6 | 18 |
| Interest | 6 | 8 | 5 | 40 | 172 |
| Depreciation | 0 | 1 | 1 | 19 | 105 |
| Profit before tax | 31 | 168 | 7 | -35 | -141 |
| Tax % | 34 | 39 | 76 | -9 | 10 |
| Net Profit | 21 | 102 | 2 | -32 | -155 |
| EPS in Rs | — | 15.83 | 0.13 | -2.52 | -7.78 |
| Dividend Payout % | 0 | 25 | 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 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 50 | 64 | 64 | 124 | 197 |
| Reserves | 31 | 878 | 838 | 2171 | 2111 |
| Borrowings | 316 | 353 | 260 | 1786 | 2321 |
| Other Liabilities | 674 | 620 | 545 | 798 | 1150 |
| Total Liabilities | 1071 | 1915 | 1707 | 4878 | 5779 |
| Fixed Assets | 8 | 103 | 68 | 1292 | 2840 |
| CWIP | 0 | 1 | 0 | 1689 | 954 |
| Investments | 0 | 0 | 0 | 0 | 92 |
| Other Assets | 1063 | 1811 | 1639 | 1898 | 1893 |
| Total Assets | 1071 | 1915 | 1707 | 4878 | 5779 |

### Cash Flow

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

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -48 | 95 | -174 | 0 | 132 |
| Cash from Investing Activity | -208 | -638 | 65 | -546 | -732 |
| Cash from Financing Activity | 258 | 900 | -141 | 443 | 609 |
| Net Cash Flow | 2 | 357 | -250 | -103 | 9 |
| Free Cash Flow | -57 | -1 | -181 | -585 | -559 |
| CFO/OP | -104 | 95 | -4818 | 14 | 129 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 167 | 22 | 271 | 80 | 41 |
| Cash Conversion Cycle | 167 | 22 | 271 | 80 | 41 |
| Working Capital Days | 950 | 1501 | 9463 | 2878 | 386 |
| ROCE % | — | 19 | 1 | 0 | 1 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 28.01 | Sell |
| EMA (10) | 28.29 | Sell |
| SMA (20) | 28.75 | Sell |
| EMA (20) | 28.59 | Sell |
| SMA (50) | 29.35 | Sell |
| EMA (50) | 29.51 | Sell |
| SMA (100) | 31.44 | Sell |
| EMA (100) | 31 | Sell |
| SMA (200) | 33.78 | Sell |
| EMA (200) | 33.25 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.08 | Neutral |
| MACD (12,26,9) | -0.4 | Sell |
| Stochastic (14,3,3) | 56.04 | Neutral |
| ADX (14) | 15.51 | Neutral |
| Williams %R (14) | -47.06 | Neutral |
| ATR (14) | 2.36 | High Volatility |
| ROC (12) | -5.41 | Sell |
| Stoch RSI (14) | 34.38 | Neutral |
| UO (7,14,28) | 55.53 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/532881/5328810311.pdf) |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_IVRCLAH_2010_2011_11102011062221.zip) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/532881/5328810310.pdf) |
| 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_IVRCLAH_2009_2010_30082010120000.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 2026-10-13T10:59:19.302Z.