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Heads UP Ventures Limited
(HEADSUP)
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Rating:48Neutral
Price Target:
₹7.00
▼(-21.52% 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
Sharp FY2026 Revenue Growth
A near 8.7x revenue jump in FY2026 signals meaningful demand or successful scaling of distribution and product reach. If sustained, such top-line momentum can validate market fit, enable operating leverage, and provide a foundation to restore margins over the next several quarters.
Negative Factors
Negative gross profit and operating losses
Negative gross profit means unit economics are losing money before fixed costs, indicating the core product/pricing structure is unsustainable. Over time this forces either margin recovery via pricing/cost cuts or structural changes to the business model to achieve durable profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Sharp FY2026 Revenue Growth
A near 8.7x revenue jump in FY2026 signals meaningful demand or successful scaling of distribution and product reach. If sustained, such top-line momentum can validate market fit, enable operating leverage, and provide a foundation to restore margins over the next several quarters.
Read all positive factors
Heads UP Ventures Limited (HEADSUP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹158.99M
Dividend YieldN/A
Average Volume (3M)5.81K
Price to Earnings (P/E)―
Beta (1Y)0.54
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. Volume2,485
30 Day Avg. Volume5,812
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
Positive
8.92
Price Trends
6.91
Positive
7.14
Positive
7.77
Negative
Market Momentum
-0.06
Negative
55.68
Neutral
26.66
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HEADSUP, the sentiment is Positive. The current price of 8.92 is above the 20-day moving average (MA) of 6.89, above the 50-day MA of 6.91, and above the 200-day MA of 7.77, indicating a neutral trend. The MACD of -0.06 indicates Negative momentum. The RSI at 55.68 is Neutral, neither overbought nor oversold. The STOCH value of 26.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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 | ₹4.91B | 11.38 | ― | 6.66% | -2.74% | -33.54% | |
59 Neutral | ₹17.15B | 32.70 | ― | ― | -1.51% | -38.13% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | ₹78.82B | 42.74 | ― | ― | 63.30% | 117.94% | |
49 Neutral | ₹30.33B | 63.63 | ― | ― | 34.89% | 174.22% | |
48 Neutral | ₹158.99M | -5.35 | ― | ― | -55.42% | -165.19% | |
42 Neutral | ₹1.53B | 338.00 | ― | ― | 14.55% | ― |
* General Sector Average
IN:HEADSUP
Heads UP Ventures Limited
7.20
-3.35
-31.75%
IN:GOCOLORS
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326.05
-407.45
-55.55%
IN:INDTERRAIN
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-3.60
-10.66%
IN:MUFTI
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75.12
-46.92
-38.44%
IN:STYLEBAAZA
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398.45
31.80
8.67%
IN:V2RETAIL
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216.15
52.16
31.81%
Heads UP Ventures Limited Corporate Events
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.