Heads UP Ventures Limited (IN:HEADSUP)
:HEADSUP
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Heads UP Ventures Limited
(HEADSUP)
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Rating:53Neutral
Price Target:
₹6.00
▼(-32.74% Downside)
Action:ReiteratedDate:03/10/26
The score is primarily supported by balance-sheet strength and the latest reported profitability rebound, but it is held back by weak cash-flow conversion (earnings-quality risk) and bearish technicals with the stock trading below major moving averages. Valuation is difficult to assess due to the negative P/E and lack of dividend yield data.
Positive Factors
Low leverage / strong balance sheet
Extremely low debt and a sizable equity base provide durable financial flexibility, allowing the company to absorb shocks, fund working capital or invest in growth without relying on costly external financing. This conservatively financed position supports long-term stability and optionality.
Negative Factors
Poor cash conversion of reported profits
Very low conversion of reported earnings into cash undermines earnings quality and raises durability risk: profits may reflect non-cash items or timing effects. Persistent weak cash conversion can constrain capex, debt servicing, and shareholder returns even if accounting profits appear strong.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
Extremely low debt and a sizable equity base provide durable financial flexibility, allowing the company to absorb shocks, fund working capital or invest in growth without relying on costly external financing. This conservatively financed position supports long-term stability and optionality.
Read all positive factors
Heads UP Ventures Limited (HEADSUP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹151.49M
Dividend YieldN/A
Average Volume (3M)6.34K
Price to Earnings (P/E)―
Beta (1Y)0.69
Revenue GrowthN/A
EPS GrowthN/A
CountryIN
Employees12
SectorTechnology
Sector Strength88
IndustryApparel - Retail
Share Statistics
EPS (TTM)-0.28
Shares Outstanding22,082,607
10 Day Avg. Volume8,503
30 Day Avg. Volume6,342
Financial Highlights & Ratios
PEG Ratio-0.12
Price to Book (P/B)1.48
Price to Sales (P/S)15.96
P/FCF Ratio239.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Heads UP Ventures Limited Business Overview & Revenue Model
Company Description
Heads UP Ventures Limited does not have significant operations. Previously, it was engaged in the designing, retailing, marketing, and distribution of men's and women's wear, and accessories under the Being Human brand name in India and internatio...
How the Company Makes Money
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Heads UP Ventures Limited Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
78
Positive
Cash Flow
46
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 158.81M | 14.20M | 6.28M | 7.32M | 9.73M | 4.42M |
| Gross Profit | 40.94M | 14.20M | -26.49M | -486.00K | -2.29M | -39.13M |
| EBITDA | 53.49M | 7.76M | -42.63M | -92.19M | -48.39M | -25.38M |
| Net Income | 50.55M | 13.94M | -43.18M | -96.55M | -53.60M | -27.89M |
Balance Sheet | ||||||
| Total Assets | 273.96M | 182.64M | 162.70M | 214.96M | 351.47M | 440.52M |
| Cash, Cash Equivalents and Short-Term Investments | 73.16M | 22.87M | 13.55M | 23.46M | 150.15M | 170.63M |
| Total Debt | 0.00 | 66.00K | 0.00 | 0.00 | 41.69M | 73.89M |
| Total Liabilities | 83.36M | 29.29M | 23.29M | 33.39M | 73.70M | 109.05M |
| Stockholders Equity | 190.60M | 153.35M | 139.41M | 181.57M | 277.77M | 331.48M |
Cash Flow | ||||||
| Free Cash Flow | -11.89M | 944.00K | -11.62M | -96.18M | 8.02M | 121.81M |
| Operating Cash Flow | -11.89M | 944.00K | -11.35M | -94.62M | 8.43M | 121.97M |
| Investing Cash Flow | -500.00K | 8.38M | 1.44M | 14.54M | 8.49M | -151.47M |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | -4.92M | -4.80M | -24.24M |
Heads UP Ventures Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
67 Neutral | ₹5.81B | 17.41 | ― | 0.96% | 20.23% | -17.78% | |
67 Neutral | ₹2.31B | 28.04 | ― | 0.84% | -10.39% | -52.44% | |
66 Neutral | ₹33.07B | 14.03 | ― | ― | 13.58% | 104.94% | |
62 Neutral | ₹31.36B | 25.72 | ― | 3.06% | 8.36% | 36.68% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
59 Neutral | ₹3.16B | 4.73 | ― | ― | -1.07% | 187.83% | |
53 Neutral | ₹151.49M | -8.35 | ― | ― | ― | ― |
* Technology Sector Average
IN:HEADSUP
Heads UP Ventures Limited
6.86
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-37.47%
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Heads UP Ventures Limited Corporate Events
Heads UP Ventures Closes Trading Window Ahead of FY26 Results
Mar 31, 2026
Heads UP Ventures Limited has announced that its trading window for dealing in the company’s securities will be closed for all designated persons, including directors, promoters and their relatives, starting April 1, 2026. The window will re...
Heads UP Ventures Confirms SEBI Dematerialisation Compliance for December Quarter
Jan 10, 2026
Heads UP Ventures Limited has informed the stock exchanges that it has received and confirmed a compliance certificate from its registrar and share transfer agent, MUFG Intime India Private Limited, under Regulation 74(5) of the SEBI (Depositories...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.