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Heads UP Ventures Limited
(HEADSUP)
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Rating:48Neutral
Price Target:
₹6.50
▼(-27.13% Downside)
Action:Reiterated
Date:09/06/26
The score is primarily held back by weak and volatile financial performance—loss-making operations with negative operating cash flow despite strong revenue growth. Technicals are mixed-to-neutral (near-term slightly improved but below the 200-day average), while valuation is constrained by a negative P/E and no dividend yield data.
Positive Factors
Low Leverage
Minimal debt and a sizable equity base provide financial flexibility, reducing immediate balance-sheet pressure and leaving more capacity to manage operating volatility. This conservative financing profile can support restructuring, investment, or working-capital needs without the added burden of significant interest obligations.
Negative Factors
Unstable Profitability
Negative gross profit and renewed operating losses show that the sharp revenue increase has not yet translated into a sustainable economic model. Persistently weak unit economics can limit reinvestment capacity, erode equity returns, and make future earnings dependent on successful execution rather than established profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Minimal debt and a sizable equity base provide financial flexibility, reducing immediate balance-sheet pressure and leaving more capacity to manage operating volatility. This conservative financing profile can support restructuring, investment, or working-capital needs without the added burden of significant interest obligations.
Read all positive factors
Heads UP Ventures Limited (HEADSUP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹141.11M
Dividend YieldN/A
Average Volume (3M)2.94K
Price to Earnings (P/E)―
Beta (1Y)0.50
Revenue Growth-55.42%
EPS Growth-165.19%
CountryIN
Employees12
SectorGeneral
Sector StrengthN/A
IndustryApparel - Retail
Share Statistics
EPS (TTM)-1.35
Shares Outstanding22,082,607
10 Day Avg. Volume2,211
30 Day Avg. Volume2,940
Financial Highlights & Ratios
PEG Ratio5.96
Price to Book (P/B)1.29
Price to Sales (P/S)1.14
P/FCF Ratio0.00
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 currently has no substantial business operations. Historically, the company specialized in the design, retail, marketing, and distribution of men's and women's clothing and accessories, operating under the "Being Human" b...
Heads UP Ventures Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
68
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 57.61M | 172.63M | 14.20M | 6.28M | 7.32M | 9.73M |
| Gross Profit | -30.07M | -5.33M | 14.20M | -26.49M | -486.00K | -2.29M |
| EBITDA | -26.88M | 2.42M | 7.76M | -42.63M | -92.19M | -48.39M |
| Net Income | -29.63M | -326.00K | 13.94M | -43.18M | -96.55M | -53.60M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 450.91M | 182.64M | 162.70M | 214.96M | 351.47M |
| Cash, Cash Equivalents and Short-Term Investments | 10.33M | 10.33M | 22.87M | 13.55M | 23.46M | 150.15M |
| Total Debt | 0.00 | 0.00 | 66.00K | 0.00 | 0.00 | 41.69M |
| Total Liabilities | -153.31M | 297.60M | 29.29M | 23.29M | 33.39M | 73.70M |
| Stockholders Equity | 153.31M | 153.31M | 153.35M | 139.41M | 181.57M | 277.77M |
Cash Flow | ||||||
| Free Cash Flow | -11.89M | 0.00 | 944.00K | -11.62M | -96.18M | 8.02M |
| Operating Cash Flow | -11.89M | -9.49M | 944.00K | -11.35M | -94.62M | 8.43M |
| Investing Cash Flow | -500.00K | 0.00 | 8.38M | 1.44M | 14.54M | 8.49M |
| Financing Cash Flow | 0.00 | -3.06M | 0.00 | 0.00 | -4.92M | -4.80M |
Heads UP Ventures Limited Technical Analysis
Negative
8.92
Price Trends
6.85
Negative
7.00
Negative
7.48
Negative
Market Momentum
-0.11
Positive
43.47
Neutral
16.46
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HEADSUP, the sentiment is Negative. The current price of 8.92 is above the 20-day moving average (MA) of 6.79, above the 50-day MA of 6.85, and above the 200-day MA of 7.48, indicating a bearish trend. The MACD of -0.11 indicates Positive momentum. The RSI at 43.47 is Neutral, neither overbought nor oversold. The STOCH value of 16.46 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HEADSUP.
Heads UP Ventures Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | ₹4.58B | 10.48 | ― | 7.15% | -2.74% | -33.54% | |
59 Neutral | ₹15.39B | 30.68 | ― | ― | -1.51% | -38.13% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹61.46B | 34.00 | ― | ― | 63.30% | 117.94% | |
49 Neutral | ₹27.36B | 59.69 | ― | ― | 34.89% | 174.22% | |
48 Neutral | ₹141.11M | -4.83 | ― | ― | -55.42% | -165.19% | |
44 Neutral | ₹1.47B | 324.67 | ― | ― | 14.55% | ― |
* General Sector Average
IN:HEADSUP
Heads UP Ventures Limited
6.35
-4.35
-40.65%
IN:GOCOLORS
Go Fashion (India) Limited
305.95
-380.80
-55.45%
IN:INDTERRAIN
Indian Terrain Fashions Limited
29.22
-7.28
-19.95%
IN:MUFTI
Credo Brands Marketing Limited
69.96
-38.34
-35.40%
IN:STYLEBAAZA
Baazar Style Retail Limited
375.75
34.55
10.13%
IN:V2RETAIL
V2 Retail Limited
172.35
-60.41
-25.95%
Heads UP Ventures Limited Corporate Events
Heads UP Ventures Announces Resignations of Key Compliance and Independent Director Roles
Oct 7, 2026
Heads UP Ventures Limited has announced the resignation of Company Secretary and Compliance Officer Mrs. Dhruvi Patel, effective October 7, 2026, citing personal reasons for her departure. The change removes a key compliance executive, signalling ...
Heads UP Ventures Sees Exit of Company Secretary and Independent Director
Oct 7, 2026
Heads UP Ventures Limited has announced the resignation of Company Secretary and Compliance Officer Mrs. Dhruvi Patel, effective 7 October 2026, citing personal reasons for her departure. On the same date, Non-Executive Independent Director Mr. Ab...
Heads UP Ventures Announces Trading Window Closure Ahead of Quarterly Results
Sep 28, 2026
Heads UP Ventures Limited has notified stock exchanges that its trading window will be closed to comply with SEBI (Prohibition of Insider Trading) Regulations, 2015 and the company’s internal code for handling unpublished price-sensitive inf...
Exchange Seeks Clarification from Heads UP Ventures on June 2026 Results
Sep 3, 2026
Heads UP Ventures Limited has received a query from the stock exchange seeking clarification for its quarter ended 30 June 2026 under Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements. The company’s response to this r...
Heads UP Ventures Appoints New Company Secretary and Compliance Officer
Aug 10, 2026
Heads UP Ventures Limited has appointed Mrs. Dhruvi Patel as its new Company Secretary and Compliance Officer, effective 10 August 2026, following approval by the board of directors based on the nomination and remuneration committee’s recomm...
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.