HEADSUPConsumer Discretionary

Heads UP Ventures Limited

Trading - Textile Products · ISIN INE759V01019 · BSE 540210 · NSE EQ · FV ₹10
Last price
₹7
+1.16%today
What this company does

Heads UP Ventures Limited operates in Trading - Textile Products, part of the Consumer Discretionary sector. It booked ₹0 cr of revenue in its latest quarter (Q1 FY27). It is the 3rd largest of 4 Trading - Textile Products companies we track, by market value.

In the report:
54out of 100
Equitytale Health Score
Mixed

Healthier than 54% of companies in Consumer Discretionary, on the 4 of 6 measures we could read for it. Each measure is ranked against the 365–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
51

At close. Not part of the score.

Profitability & returns14

How much profit it earns on the money it employs

Balance sheet84

How much it owes, and whether earnings cover the interest

Valuation69

What today's price implies, against our models or its peers

Governance & risk72

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
No promoter shares pledged
Virtually debt-free
Watch-outs
! Currently loss-making
! Sales down 100% vs last year
! Low -0.5% return on equity
! Operating cash flow is negative

What if I invest in HEADSUP?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹7 +1.16%
latest close · 2026-09-17
1-year return
-57.6%
52-wk low ₹652-wk high ₹22
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio1.00Moderate
Below bookModerateHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-0.5%Loss
WeakFairStrong ▸15%
Return on capital-0.5%Loss
WeakFairStrong
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Current ratio1.22Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹15 cr
Book value
₹7
EPS
₹-0.01
latest quarter
Net debt
₹-1 cr
more cash than debt
Enterprise value
₹14 cr
EBITDA
₹-7.6 L
annualised
EBIT
₹-7.6 L
annualised
Operating margin
Return on assets
-0.2%
Earnings yield
P/S
Sales / share
₹0.0
Tax rate
Face value
₹10
Shares
2.2 cr
Working capital
₹7 cr
Current assets
₹36 cr
Current liabilities
₹30 cr
Delivery %
79.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The company's latest annual profit was negative, so we won't call it cheap off older profits.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹0 cr
Other Income₹0 cr
Total Income₹0 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹1.4 L
Finance Costs₹0 cr
Depreciation & Amortisation₹0 cr
Other Expenses₹0.54 L
Total Expenses₹1.9 L
Profit before Tax₹-1.9 L
Tax Expense₹0 cr
Net Profit₹-1.9 L
Where the money goes · Q1 FY27
% of total spend
Employee benefit expense₹1.4 L71.4%
Other expenses₹0.54 L28.6%
Total income ₹0 cr

The company made a net loss of ₹1.9 L this quarter — income covered only 0 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue0 cr3 cr0 cr
Total income0 cr3 cr0 cr
Expenses60.9 L6 cr1.9 L
Profit before tax-60.9 L-3 cr-1.9 L
Tax0 cr0.6 L0 cr
Net profit (owners' share)-60.9 L-3 cr-1.9 L
Net margin (owners' share, on revenue)-111.2%
EPS (₹)-0.28-1.41-0.01
YoY (latest quarter): total income -100.0% · net profit
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹45 cr
Shareholder equity
₹15 cr
parent shareholders
Total debt
₹0 cr
Cash
₹1 cr
Cash flow · H1 FY26
Operating
₹-1 cr
Investing
₹-5 L
Financing
₹0 cr
Peer comparison
Trading - Textile Products · by market value
CompanyPriceMarket capP/E
PDS Limited₹345₹4,878 cr64.9
SPL Industries Limited₹30₹87 cr10.3
Heads UP Ventures Limitedthis company₹7₹15 cr
Globale Tessile Limited₹12₹12 cr
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
13.6%
FII / Foreign
0.4%
DII / Domestic
Retail / others
86.0%
Promoter stake down 19.6% over the last 12 quarters.
Smart-money activity
Insider trades
SoldMahan Synthetic Textiles Private Limited · Promoter Group50,000 · ₹5.8 L28 May 24
SoldPURUSHOTTAM C MANDHANA HUF · Promoters562 · ₹7,33814 May 24
SoldArnav Manish Mandhana · Promoter Group31,427 · ₹5.0 L29 Feb 24
Bulk / block deals
SoldRIDDISIDDHI BULLIONS LIMITED · NSE1.30 L @ ₹6.5631 Jul 26
SoldZALA SHAILENDRASINH C · NSE4.02 L @ ₹12.339 Oct 25
BoughtZALA SHAILENDRASINH C · NSE3.51 L @ ₹12.769 Oct 25
Stake changes
SoldMahan Synthetic Textile Private Ltd · promoter→ 0.00% · 50,00028 May 24
SoldPurushottam Chhaganlal Mandhana (HUF) · promoter→ 3.09% · 56214 May 24
SoldArnav M Mandhana · promoter→ 0.00% · 31,42729 Feb 24
Promoter pledges
ReleasedName of Trustee IDBI TrusteeshipServices Limited Name of LenderDebenture holder Everest Securities &Finance Ltd.5.08 L · 2.31% held22 Oct 20
ReleasedName of Trustee IDBI TrusteeshipServices Limited Name of LenderDebenture holder Everest Securities &Finance Ltd.1.00 L · 0.00% held22 Oct 20
ReleasedName of Trustee IDBI TrusteeshipServices Limited Name of LenderDebenture holder Everest Securities &Finance Ltd.25,443 · 0.01% held22 Oct 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2025
See the official result
1
(i) Receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended on March 31, 2025 and the Report of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
1.58 L votes for, 171 against
2
Appointment of Mr. Harsh Pravinbhai Patel, (DIN: 10856046) who is subject to retire by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for reappointment
Backed by 100% of shareholders other than promotersneeded 50%
1.58 L votes for, 171 against
3
Appointment of M/S. A.Shubhangi & Associates as Secretarial Auditors of the Company
Backed by 100% of shareholders other than promotersneeded 50%
1.58 L votes for, 171 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 13.6% between them · as of 2026-06-30
Mahansynthetic Textiles Private Limited4.30%
Sudha Biharilal Mandhana3.17%
Purushottam C Mandhana HUF3.09%
Sangeeta Manish Mandhana2.95%
Chanda Shyamsunder Jaju0.03%
Bhagwati Madanlal Chandak0.01%
Priyavrat Purushottam Mandhana0.01%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.