AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 9 Sep - Ayanti Sen resigned as Company Secretary and Compliance Officer effective September 9, 2026.
Source: Bse
Halder Venture Limited (HALDER)
Small CapFinancial Services stocks · Small cap · NSE
Halder Venture Limited operates in Investment, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹242.11
-2.74 · -1.12%
Market cap ₹321 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result13 Aug, 09:05 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
41NeutralSMA20 -12.5% / mo · MACD −
Stock trend: 39
Sector RS: 44
Sector 3M: -5.8% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
HALDERD candles · FIT view-0.8%Latest close ₹242.11 on 2026-10-19
Daily history is available from 2026-01-19; the requested 1Y window is partially covered.
Bar
-1.1%
RSI
42
MACD hist
-0.37
52W pos
29%
2026-10-19O ₹244.85H ₹247.60L ₹233.60C ₹242.11Vol 917 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
HALDERNifty Financial ServicesNifty 500
- HALDER
- +6.1%
- Nifty 500
- -5.6%
- Nifty Financial Services
- -6.0%
- Vs Nifty 500
- +11.7 pp
Chart stats
19 Oct 2026- From 52W high
- -24.1%
- 52W range position
- 29%
- ATR (14)
- 7.8%
- Volume vs 20D
- 0.05x
- Avg traded value
- ₹0.4 Cr
- 20D price channel
- ₹227.6 - ₹296.9
₹319
₹210 - ₹319
₹18.9
Latest completed session
20-session average
66.3% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · FAIR VALUE50
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent75
Revenue +81.3% · PAT +21.0% YoY
Technical
Neutral41
Price trend and sector-relative-strength timing.
Valuation
Legacy model+60.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence55
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 75/100Rev +81% YoY · PAT +21% YoY · margin expansion
Filed 13 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹187.1 Cr | +81.3% | -37.6% |
| EBITDA | ₹14.9 Cr | +136.3% | -26.5% |
| Operating margin | 8.0% | +186 bps | +120 bps |
| PAT | ₹3.5 Cr | +21.0% | -81.9% |
| PAT margin | 1.9% | -92 bps | -453 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 10.10
- P/B
- 1.79
- EV/EBITDA
- 15.86
- Market Cap
- 321.00Cr
Profitability
- ROE
- 17.30%
- ROCE
- 13.70%
- ROA
- 5.43%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 1.00%
- EPS 5Y
- 9.00%
- Revenue 3Y
- 21.00%
- EPS 3Y
- 69.00%
Balance Sheet
- Debt/Equity
- 2.02
- Interest Coverage
- 1.29×
- Altman Z
- 2.34
- Book Value
- 144.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 4/5
- OCF
- 15.00 Cr
- EPS TTM
- 25.65
Shareholding
- Promoter Hold
- 73.69%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 57%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 645-23.6% vs prev
Net Profit
₹ CrLatest: 32.0+52.4% vs prev
Return on Equity
%Latest: 17.9+30.2% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 42. Wait for confirmation.
- SMA20 falling (~14.3% over last month) — short-term momentum negative.
- RSI(14) at 42 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 24% off 52W high · 15% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
60
RS percentile
Stage 1 Base / Transition
1M return
-18.5%
3M return
+4.7%
6M return
-6.6%
1Y return
-
RS 1D
-3
RS 20D
-15
Sector rank
#10
Industry rank
#16
Stage evidence
- Price is within 3.5% of the 30-week proxy.
- The 30-week proxy changed -0.0% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
unavailable
Sector
weakening
Industry
leading
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
184 observations
19 Oct 2026Value 94.26-0.10%
RS vs Nifty 50094
Valuation & peers
U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 50 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · FAIR VALUEValuation22/30
Growth12/25
Quality11/20
Balance Sheet1/15
Cash Flow4/10
Piotroski
5/9 (+3)
Penalties
-3
Raw sum
50
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
50/100 · legacy band FAIR VALUE
Positive drivers
- Fair-value margin of safety is positive at 60.8%.
- Valuation contributes 22/30 to the score.
- Quality contributes 11/20 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Balance sheet is weaker at 1/15; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
10.1
PB
1.8
EV/EBITDA
15.9
ROE
17.3%
ROCE
13.7%
FCF Yield
—
Debt/Equity
2.0
MoS
+60.8%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
50
Previous: 50
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+60.8%
Previous: +60.8%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
50
50
50
51
51
50
50
51
50
50
50
50
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹288.28
+16.0% MoS
Growth-justified P/E
24.1
Growth-justified Value
₹618.17
+60.8% MoS
PEG
0.70
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
THEINVEST
Small
The Investment Trust Of India Limited
Financial Services
match 85
50
14.4
4.0%
+45%
FAIR VALUE
SHARDUL
Small
Shardul Securities Limited
Financial Services
match 83
39
21.9
-7.2%
+13%
WATCHLIST
ONELIFECAP
Small
Onelife Capital Advisors Limited
Financial Services
match 83
21
17.0
10.0%
+24%
OVERVALUED
PALASHSECU
Small
Palash Securities Limited
Financial Services
match 82
59
5.5
3.0%
+79%
FAIR VALUE
PIONRINV
Small
Pioneer Investcorp Limited
Financial Services
match 82
62
6.0
9.6%
+82%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Halder Venture Limited operates in Investment, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
55Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 16th percentile of the scored universe and 28th percentile within Financial Services. Main check: results consistency is weak at 17/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
16th percentile
overall median 67 · Financial Services: 28th pctile, median 62 · Small: 18th pctile, median 66
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
26
weak · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
17
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 73.7%.
- ▸Promoter pledge is zero.
- ▸4 years of positive FCF.
Trust risks
- ▸Debt/equity is 2.02.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
- ▸Interest coverage is 1.3x.
- ▸1/4 latest quarters had positive YoY PAT growth.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Halder Venture Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 17 Jul - CRISIL reaffirmed/assigned ratings for Rs.387.27 crore bank facilities: BBB-/Stable long-term, A3 short-term.
Source: Bse
Announcement
Announcement Under Regulation 30 Of SEBI (LODR) Reg, 2015 10 Jul - NSE and BSE granted in-principle approval for 7,93,650 convertible warrants at minimum Rs315 each.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Issue of Securities 10 Jul - NSE and BSE granted in-principle approval for 7,93,650 convertible warrants at not below Rs.315 each.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.