MarketFriction

Halder Venture Ltd

NSE HALDER · BSE 539854 · Other Agricultural Products
₹232.73 -5.30%
NSE close2026-10-01
52 week range210.00 - 319.00
Market cap₹299 Cr.
P/E9.38
Price band 20% Delivery 68.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales120.89133.76252.55166.32174.76356.41146.99103.2197.82145.26299.91187.07
Expenses114.01129.53235.61156.11162.53336.13146.7496.91107.79133.96279.64172.18
Operating Profit6.884.2316.9410.2112.2320.280.256.30-9.9711.3020.2714.89
OPM %5.69%3.16%6.71%6.14%7.00%5.69%0.17%6.10%-10.19%7.78%6.76%7.96%
Other Income0.100.605.222.23-0.1214.1311.469.1110.2417.278.713.60
Interest3.225.456.355.155.725.979.378.225.775.966.699.11
Depreciation1.221.311.231.181.291.241.311.211.421.392.112.01
Profit before tax2.54-1.9314.586.115.1027.201.035.98-6.9221.2220.187.37
Tax %20.47%0.00%28.67%27.66%25.10%21.76%917.48%52.34%57.08%2.03%5.15%52.92%
Net Profit2.01-1.9410.404.423.8321.28-8.412.86-10.8720.7919.143.46
EPS in Rs2.12-2.0410.954.203.9522.40-6.782.28-8.7716.5913.024.81
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4200233258288620884364644844645730
Expenses4190223247276589852348609801616694
Operating Profit-01011111330311634442936
OPM %-2.1%4.8%4.7%4.4%4.4%4.9%3.5%4.3%5%5%4.5%5%
Other Income0223351357284540
Interest05567710919272828
Depreciation033333345567
Profit before tax044562632817394042
Tax %50%34%33%27%25%29%29%26%32%46%21%
Net Profit033351823612213233
EPS in Rs0.012.882.963.534.8719.4023.756.2412.2816.9823.1125.65
Dividend Payout %0%0%0%0%0%2%1%5%3%2%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth65%1%21%-7%
Compounded Profit Growth122%9%69%63%
Stock Price CAGR%-4%32%15%
Return on Equity17%18%15%17%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3333333333412
Reserves383842444547424749131149167
Borrowings0057726783192107193238298361
Other Liabilities0027464237601111097114168
Total Liabilities4242130165158169296268354444592608
Fixed Assets00303232292730514947123
CWIP00000011502222
Investments39392726260000000
Other Assets3372107100140268224302393542462
Total Assets4242130165158169296268354444592608
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-3-0-1-111-36-98115-71-22515
Cash from Investing Activity00411-725-2-20-11-19-62-39
Cash from Financing Activity30-2-5-610102-9277263434
Net Cash Flow0-004-3-133-45-311
Free Cash Flow-3-0-8-68-37-9995-81-12-43-27
CFO/OP456%-14%-11%116%-287%-313%395%-420%11%65%57%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days522695757666385411101074966
Inventory Days61006998691176344211110164184
Days Payable502330511734335920
Cash Conversion Cycle61226912512213417514668287185154230
Working Capital Days52023925202564403683392530
ROCE %0%0%11%7%8%9%15%16%6%11%16%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters65.68%65.68%65.68%65.68%65.68%65.68%73.84%73.84%73.84%73.84%73.69%73.69%
Public34.31%34.30%34.31%34.31%34.31%34.32%26.16%26.17%26.18%26.17%26.32%26.31%
No. of Shareholders1,7611,7311,7681,4801,3511,4651,6051,5883,3862,8332,6462,652

Fundamentals

Market Cap₹ 299 Cr.
Current Price₹ 241
Stock P/E9.38
Book Value₹ 144
ROCE13.7 %
ROE17.3 %
Dividend Yield0.41 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-7%
Compounded Profit Growth (TTM)63%
Consolidated figures.
Valuation
Market capRs 270 Cr
Enterprise valueRs 609 Cr
P/E (TTM)8.47x
Price to book1.51x
Price to sales0.37x
EV / EBITDA7.99x
EV / EBIT8.78x
EV / sales0.83x
Price to cash flow17.59x
Earnings yield11.80%
P/E, 3-year average5.43x
P/B, 3-year average0.78x
P/E, 5-year average4.46x
P/B, 5-year average0.71x
Profitability
Operating margin (excl. other income)4.51%
Operating margin (incl. other income)11.54%
EBITDA margin10.45%
Pre-tax margin5.73%
Net profit margin4.37%
Net margin, latest quarter3.20%
ROE17.33%
ROCE13.80%
ROA4.79%
ROE, 3-year average14.82%
ROCE, 3-year average13.92%
ROA, 3-year average3.93%
ROE, 5-year average20.71%
ROCE, 5-year average14.24%
ROA, 5-year average4.34%
ROIC (approx.)10.57%
Tax rate21.14%
Other income / net worth25.39%
Growth
Sales growth (latest year)-23.56%
Profit growth (latest year)36.47%
Sales CAGR, 3 years21.04%
Sales CAGR, 5 years0.82%
Profit CAGR, 3 years69.23%
Profit CAGR, 5 years9.29%
Sales growth QoQ-37.62%
Profit growth QoQ-63.06%
Sales growth YoY (latest quarter)81.25%
Profit growth YoY (latest quarter)111.31%
Per share
EPS (TTM)Rs 27.46
EPS (latest year)Rs 24.74
EPS (latest quarter)Rs 5.15
EPS, 3-year averageRs 38.71
EPS, 5-year averageRs 41.26
Book value per shareRs 153.69
Sales per shareRs 628.53
Cash flow per shareRs 13.23
Free cash flow per shareRs -23.25
Dividend per share, 3-year averageRs 1.01
Dividend per share, 5-year averageRs 1.01
Dividends
Dividend payout, 3-year average2.30%
Dividend payout, 5-year average2.85%
Efficiency
Asset turnover1.06x
Fixed asset turnover5.24x
Inventory turnover2.03x
Inventory days180 days
Debtor days66 days
Debtors turnover5.55x
Creditor days20 days
Cash conversion cycle230 days
Working capital days30 days
Leverage
Total debtRs 361 Cr
Cash and bankRs 22 Cr
Net debtRs 339 Cr
Debt to equity2.02x
Net debt / EBITDA4.44x
Interest coverage2.52x
Current ratio (filing 2026-03-31)1.20x
Quick ratio (filing 2026-03-31)0.47x
Trade payables (filing 2026-03-31)Rs 29 Cr
Owners' fund to total sources29.38%
Debt to assets59.37%
Cash flow
Cash from Operating Activity (latest year)Rs 15 Cr
Cash from Investing Activity (latest year)Rs -39 Cr
Cash from Financing Activity (latest year)Rs 34 Cr
Net Cash Flow (latest year)Rs 11 Cr
Free cash flow (latest year)Rs -27 Cr
FCFE (approx.: FCF + change in debt)Rs 36 Cr
Cash from ops / profit, 5 years0.87x
Sales to cash flow42.00x
Statement figures
Net sales (TTM)Rs 730 Cr
Net sales (latest year)Rs 645 Cr
Sales (latest quarter)Rs 187 Cr
Operating profit excl. other income (latest year)Rs 29 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs 40 Cr
EBITDA (TTM)Rs 76 Cr
PBDT (TTM)Rs 49 Cr
Profit before tax (TTM)Rs 42 Cr
Tax (latest year)Rs 9 Cr
Net profit (TTM)Rs 32 Cr
Net profit (latest year)Rs 29 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 7 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 28 Cr
Cost of goods sold (latest year)Rs 548 Cr
Total expenditure (latest year)Rs 616 Cr
Total income (latest year)Rs 691 Cr
Share capitalRs 12 Cr
ReservesRs 167 Cr
Shareholders' fundsRs 179 Cr
Total assetsRs 608 Cr
Net blockRs 123 Cr
Capital work in progressRs 22 Cr
ReceivablesRs 116 Cr
InventoryRs 270 Cr
Other liabilitiesRs 68 Cr
Shares outstanding (crore)1.16
Ownership
Promoter holding73.69% (-0.15 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 8.5 is at the 49th percentile of its own 8.2-year range (median 8.5, low 0.8, high 70.0).
P/B 1.51 is at the 34th percentile (median 1.87).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodHALDERNifty 50Difference
1 week-6.4%-2.8% -3.7 pts
1 month-20.4%-6.8% -13.6 pts
3 months-2.1%-7.6% +5.5 pts
6 months-7.8%+0.4% -8.2 pts
3 years+124.3%+14.2% +110.1 pts
5 years-25.2%+27.9% -53.1 pts

Red flags

F-score 4 of 8
explainReceivables outrunning sales Receivables grew 3% vs sales -24% in 2026
explainShare dilution Share count up 0% in a year, 31% in three
lookProfit leans on other income Other income was 112% of pre-tax profit in 2026
lookRegulator order or action Regulator order or action 2026-04-28: Halder Venture Limited has informed the Exchange about Action(s) taken or orders passed
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹187 Cr +81.3% vs Jun 2025. Net profit ₹3 Cr +21.0%.
Against our estimate for Jun 2026: sales +48.1%, profit -40.2% in line. Our estimate for Sep 2026: sales Rs 157 Cr, profit Rs 6 Cr (how).

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-09-09ResignationResignation of Ms. Ayanti Sen as Company Secretary & Compliance Officer of the company w.e.f. September 09, 2026.
2026-09-09ResignationResignation of Director/KMP/SMP
2026-09-07Shareholder meetingVoting results of Annual General Meeting held on September 07, 2026
2026-09-07Shareholder meetingHalder Venture Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 07, 2026
2026-09-07Shareholder meetingProceedings of Annual General Meeting held on September 07, 2026
2026-09-07General UpdatesGeneral Updates
2026-08-24General UpdatesGeneral Updates
2026-08-13UpdatesResults for the quarter ended 30-04-2026.
2026-08-13General UpdatesGeneral Updates
2026-08-13Board meeting outcomeHalder Venture Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-13UpdatesBook Closure . for the purpose of AGM
2026-08-13Shareholder meetingNotice of Annual General Meeting to be held on September 07, 2026
2026-07-24General UpdatesAllotment of Equity Convertible Warrants to Non-Promoter Group
2026-07-24Board meeting outcomeOutcome of Board Meeting held on July 24, 2026.
2026-07-21Reply to Clarification- FinaThe Exchange had sought clarification from Halder Venture Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing...
2026-07-17Credit Rating- RevisionCredit Rating- Revision
2026-07-10General UpdatesReceipt of In-principal Approval received for issue of 7,93,650 warrants convertible into 7,93,650 Equity shares of Rs. 10/- each at price not less th...
2026-07-10OthersReceipt of In-principle approval for issue of 7,93,650 warrants convertible into 7,93,650 Equity shares of Rs.10/- each at price not less than Rs. 315...
2026-06-25Clarification - Financial ReThe Exchange has sought clarification from Halder Venture Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing...
2026-05-29UpdatesResults and declaration under Reg 33.
2026-05-29UpdatesOutcome of BM.
2026-05-29AppointmentAppointment of as Other of the company w.e.f. September 07, 2026.
2026-05-29Board meeting outcomeHalder Venture Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-28General UpdatesHALDER: Shareholders are informed of the revised valuation report wrt the preferential issue of warrants
2026-05-14General UpdatesGeneral Updates
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Halder Venture Ltd?

Halder Venture Ltd (HALDER) has a market capitalisation of Rs 299 Cr. at the 2026-10-01 close.

What is the P/E ratio of Halder Venture Ltd?

Halder Venture Ltd trades at a P/E of 9.38 on trailing twelve-month profit, at the 2026-10-01 close.

What were Halder Venture Ltd's latest quarterly results?

In the Jun 2026 quarter, Halder Venture Ltd sales was Rs 187 Cr (+81.3% vs Jun 2025) and net profit was Rs 3 Cr.

What is the 52-week high and low of Halder Venture Ltd?

The 52-week high is Rs 319.00 and the 52-week low is Rs 210.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03