---
title: "Mask Investments Ltd (MASKINVEST) — Share Price, Financials & Analysis"
symbol: "MASKINVEST"
company: "Mask Investments Ltd"
canonical: "https://tapetide.com/stocks/MASKINVEST"
isin: "INE885F01015"
nse_symbol: "MASKINVEST"
sector: "Financial Services"
industry: "Investment Company"
market_cap_cr: 44.7
generated_at: "2026-09-13T18:56:40.066Z"
---

# Mask Investments Ltd (MASKINVEST)

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

## Company

- **NSE Symbol:** MASKINVEST
- **ISIN:** INE885F01015
- **Sector:** Financial Services
- **Industry:** Investment Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2016-10-14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** maskinvestments.com

## About

Incorporated in 1992, Mask Investments Ltd is engaged in investments in shares of its related party companies and also giving loans[1]

## Latest Price

- **Price:** ₹145.36
- **Change:** -3.26 (-2.19%)
- **Open:** ₹146
- **Day High:** ₹154.89
- **Day Low:** ₹141.19
- **Previous Close:** ₹148.62
- **Volume:** 671
- **As Of:** 2026-09-11T10:01:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:53.125196Z.

- **Market Cap:** ₹44.7 Cr
- **Classification:** Microcap
- **P/E (reported):** 571.6
- **P/E (TTM):** 501.24
- **EPS (TTM):** ₹0.29
- **Book Value:** ₹199.63
- **Price to Book:** 0.74
- **Dividend Yield:** 0%
- **ROE:** 0.1%
- **ROCE:** 0.14%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹0.3 Cr
- **Net Income:** ₹0.1 Cr
- **EBITDA:** ₹0.1 Cr
- **52-Week High:** ₹246.09
- **52-Week Low:** ₹114.94
- **RSI (14):** 47.49

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 97%
- **Data coverage:** 94%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 62.38 | 9% |
| growth | 33.75 | 9% |
| momentum | 67.09 | 12% |
| ownership | 50 | 24% |
| quality | 54.41 | 22% |
| valuation | 37.98 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.73 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.03% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 291.67% | 137.1% | 158.97% |
| ebitda margin growth | -100% | 124.96% | 324.71% | -35.81% |
| net income growth | -100% | 100% | 0% | 43% |
| revenue growth | -100% | -25% | 1% | 20% |
| roce | — | 180% | 366.67% | 0.09% |
| roe | — | 150% | 0.05% | — |

## Financial Statements

### Quarterly Results

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

| Item | 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 | 0.04 | 0.49 | 0.18 | 0.04 | 0.35 | 0.04 | -0.02 | 0.03 | 0.03 | 0.13 | 0.14 | 0.02 |
| Expenses | 0.03 | 0.18 | 0.44 | 0.05 | 0.32 | 0.02 | -0.03 | 0.07 | 0.03 | 0.08 | 0.06 | 0.04 |
| Operating Profit | 0.01 | 0.31 | -0.26 | -0.01 | 0.03 | 0.02 | 0.01 | -0.04 | 0 | 0.05 | 0.08 | -0.02 |
| OPM % | 25 | 63.27 | -144.44 | -25 | 8.57 | 50 | — | -133.33 | 0 | 38.46 | 57.14 | -100 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.01 | 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 | 0.31 | -0.26 | -0.01 | 0.03 | 0.02 | 0.01 | -0.04 | 0 | 0.05 | 0.08 | -0.02 |
| Tax % | — | 25.81 | -26.92 | 0 | 33.33 | 0 | 0 | 0 | — | 0 | 37.5 | 0 |
| Net Profit | 0 | 0.24 | -0.2 | -0.01 | 0.03 | 0.01 | 0 | -0.04 | 0 | 0.05 | 0.06 | -0.02 |
| EPS in Rs | 0 | 0.79 | -0.66 | -0.03 | 0.1 | 0.03 | 0 | -0.13 | 0 | 0.16 | 0.2 | -0.07 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.42 | 0.17 | 0.16 | 0.13 | 0.22 | 0.31 | 0.74 | 0.41 | 0.32 | 0.32 |
| Expenses | 0.22 | 0.16 | 0.15 | 0.12 | 0.13 | 0.21 | 0.69 | 0.36 | 0.24 | 0.21 |
| Operating Profit | 0.2 | 0.01 | 0.01 | 0.01 | 0.09 | 0.1 | 0.05 | 0.05 | 0.08 | 0.11 |
| OPM % | 47.62 | 5.88 | 6.25 | 7.69 | 40.91 | 32.26 | 6.76 | 12.2 | 25 | 34.38 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.02 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.2 | 0.01 | 0.01 | 0.01 | 0.09 | 0.08 | 0.03 | 0.05 | 0.08 | 0.11 |
| Tax % | 15 | 0 | 0 | 0 | 100 | 25 | 33.33 | 20 | 25 | — |
| Net Profit | 0.17 | 0.01 | 0 | 0.01 | 0 | 0.06 | 0.02 | 0.03 | 0.06 | 0.09 |
| EPS in Rs | 0.56 | 0.03 | 0 | 0.03 | 0 | 0.2 | 0.07 | 0.1 | 0.2 | 0.29 |
| Dividend Payout % | 0 | 0 | — | 0 | — | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 | 3.05 |
| Reserves | 0.82 | 25.82 | 3.4 | 2.21 | 15.4 | 69.09 | 95.02 | 151.41 | 94.99 | 57.87 |
| Borrowings | 0.77 | 0.78 | 0.78 | 0.73 | 0.58 | 0.89 | 0.77 | 0.83 | 0.7 | 0.73 |
| Other Liabilities | 0.1 | 0.13 | 0.03 | 0.01 | 0.05 | 0.12 | 0.21 | 0.17 | 0.26 | 0.09 |
| Total Liabilities | 4.74 | 29.78 | 7.26 | 6 | 19.08 | 73.15 | 99.05 | 155.46 | 99 | 61.74 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3.68 | 28.43 | 6 | 4.81 | 17.98 | 71.68 | 97.55 | 153.92 | 97.46 | 60.28 |
| Other Assets | 1.06 | 1.35 | 1.26 | 1.19 | 1.1 | 1.47 | 1.5 | 1.54 | 1.54 | 1.46 |
| Total Assets | 4.74 | 29.78 | 7.26 | 6 | 19.08 | 73.15 | 99.05 | 155.46 | 99 | 61.74 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.93 | -0.43 | -0.01 | 0.03 | 0.13 | -0.39 | -0.05 | -0.62 | -0.12 | 0.23 |
| Cash from Investing Activity | 0.01 | 0.35 | 0 | 0 | 0 | 0.11 | 0.15 | 0.6 | 0.3 | 0 |
| Cash from Financing Activity | -0.96 | 0.04 | 0.04 | -0.05 | -0.11 | 0.31 | -0.14 | 0.04 | -0.13 | 0.03 |
| Net Cash Flow | -0.01 | -0.04 | 0.02 | -0.02 | 0.02 | 0.03 | -0.04 | 0.02 | 0.05 | 0.26 |
| Free Cash Flow | 0.93 | -0.43 | -0.01 | 0.03 | 0.13 | -0.39 | -0.05 | -0.62 | -0.12 | 0.23 |
| CFO/OP | 465 | -215 | 200 | 300 | 1300 | -311 | -40 | -1120 | -240 | 288 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 91.25 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 0 | 0 | 0 | 91.25 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 135.81 | 373.69 | 923.24 | 1026.56 | 2835.77 | 2140.23 | 1495.32 | 656.01 | 1050.49 | 1152.03 |
| ROCE % | 3.91 | 1.17 | 0.05 | 0.15 | 0.08 | 0.2 | 0.12 | 0.04 | 0.04 | 0.1 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.25% | 72.25% | 72.25% | 72.25% | 72.25% | 72.25% | 72.25% | 72.25% | 72.25% | 72.25% | 72.25% | 72.25% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 23.6% | 23.51% | 23.5% | 23.47% | 23.49% | 23.53% | 23.54% | 23.55% | 23.55% | 23.73% | 23.76% | 23.63% |
| Others | 4.16% | 4.24% | 4.26% | 4.28% | 4.26% | 4.23% | 4.21% | 4.2% | 4.21% | 4.02% | 4% | 4.13% |
| No. of Shareholders | 1778 | 1749 | 1749 | 1790 | 1801 | 2176 | 2231 | 2204 | 2232 | 2287 | 2232 | 2288 |

## 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 / 7 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 147.67 | Sell |
| EMA (10) | 147.95 | Sell |
| SMA (20) | 147.74 | Sell |
| EMA (20) | 148.38 | Sell |
| SMA (50) | 150.15 | Sell |
| EMA (50) | 149.34 | Sell |
| SMA (100) | 150.65 | Sell |
| EMA (100) | 149.45 | Sell |
| SMA (200) | 149 | Sell |
| EMA (200) | 151.28 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.2 | Neutral |
| MACD (12,26,9) | -0.67 | Buy |
| Stochastic (14,3,3) | 46.62 | Neutral |
| ADX (14) | 15.82 | Neutral |
| Williams %R (14) | -73.2 | Neutral |
| ATR (14) | 7.04 | High Volatility |
| ROC (12) | 0.6 | Buy |
| Stoch RSI (14) | 31.46 | Neutral |
| UO (7,14,28) | 49.97 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/MASKINVEST_29082026131207_MASKNEWSPAPER29082026.pdf) |
| 2026-08-27 | [Updates](https://nsearchives.nseindia.com/corporate/MASKINVEST_27082026191456_MASKCUTOFF27082026.pdf) |
| 2026-08-27 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/MASKINVEST_27082026185813_MASKAGMNOTICE27082026.pdf) |
| 2026-08-17 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/MASKINVEST_17082026110826_MASKNEWSPAPER17082026.pdf) |
| 2026-07-08 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/MASKINVEST_08072026112847_MASK74080726.pdf) |
| 2026-06-27 | [Trading Window](https://nsearchives.nseindia.com/corporate/MASKINVEST_27062026142809_MASKTWC27022026.pdf) |
| 2026-06-23 | [Updates](https://nsearchives.nseindia.com/corporate/MASKINVEST_23062026161216_MASK230626.pdf) |
| 2026-06-01 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/MASKINVEST_01062026182153_MaskNewspaper010626.pdf) |
| 2026-04-09 | [Disclosure under SEBI Takeover Regulations](https://nsearchives.nseindia.com/corporate/team_sandeshc_08042026133240_56.pdf) |
| 2026-04-06 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/MASKINVEST_06042026150535_060426NSECertificateunderReg45-.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/MASKINVEST_13082026161938_BMOutcomeMASK130826.pdf) |
| 2026-05-30 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/MASKINVEST_30052026143521_MASK300526.pdf) |
| 2026-02-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/MASKINVEST_14022026145328_140226NSEOutcomeofBMMask.pdf) |
| 2026-01-29 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/MASKINVEST_29012026115145_290126NSEOutcomeofBMMask.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/MASKINVEST_13112025164423_13112025OutcomeofBMMask.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_30744_MASKINVEST_2025_2026_A_2435976_27082026191020.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_28588_MASKINVEST_2024_2025_A_1976404_05092025165321.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_25797_MASKINVEST_2023_2024_05092024143353.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22143_MASKINVEST_2022_2023_03072023163423_07032023170010.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21568_MASKINVEST_2021_2022_07092022111141_09072022120010.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19341_MASKINVEST_2020_2021_04092021152221_09042021160011.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17291_MASKINVEST_2019_2020_04092020180820_04092020190010.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/AR_16056_MASKINVEST_2018_2019_27092019112250_27092019120004.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/AR_14120_MASKINVEST_2017_2018_06102018113552.zip) |
| from nse | [Annual Report 2017 from nse](https://archives.nseindia.com/annual_reports/AR_11671_MASKINVEST_2016_2017_27092017171513.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 2026-09-13T18:56:40.066Z.