---
title: "Rama Paper Mills Ltd (500357) — Share Price, Financials & Analysis"
symbol: "500357"
company: "Rama Paper Mills Ltd"
canonical: "https://tapetide.com/stocks/500357"
isin: "INE425E01013"
nse_symbol: "RAMAPAPERMILLSLTD"
bse_code: "500357"
sector: "Forest Materials"
industry: "Paper & Paper Products"
market_cap_cr: 15.48
generated_at: "2026-09-13T19:16:27.213Z"
---

# Rama Paper Mills Ltd (500357)

Canonical page: https://tapetide.com/stocks/500357

## Company

- **NSE Symbol:** RAMAPAPERMILLSLTD
- **BSE Code:** 500357
- **ISIN:** INE425E01013
- **Sector:** Forest Materials
- **Industry:** Paper & Paper Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ramapaper.com

## About

Incorporated in 1985, Raama Paper Mills Ltd is engaged in the manufacturing and sale of paper and paper products.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:49:43.167863Z.

- **Market Cap:** ₹15.48 Cr
- **Classification:** Microcap
- **P/E (reported):** -2.5
- **EPS (TTM):** ₹-7.86
- **Book Value:** ₹-52.93
- **Price to Book:** -0.3
- **Dividend Yield:** 0%
- **ROE:** 36.53%
- **ROCE:** 52.54%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹1.26 Cr
- **Net Income:** ₹-6.14 Cr
- **EBITDA:** ₹-2.77 Cr
- **52-Week High:** ₹17.15
- **52-Week Low:** ₹8.22
- **RSI (14):** 73.59

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Rising
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 81%
- **Data coverage:** 62%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 1.1 | 9% |
| growth | 1.1 | 9% |
| momentum | 86.98 | 12% |
| ownership | 50 | 24% |
| quality | 31.94 | 22% |
| valuation | 73.42 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -57.6% over past five years.
- Promoter holding is low: 37.6%
- Contingent liabilities of Rs.6.40 Cr.
- Debtor days have increased from 43.7 to 63.7 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 167.98% | 172.29% | 138.57% |
| ebitda margin growth | 28.57% | 28.56% | 858.29% | — |
| net income growth | 12.5% | -62.56% | -3% | -28% |
| revenue growth | -100% | -81.74% | -75% | -58% |
| roce | — | -61.35% | -186.34% | 32.16% |
| roe | — | -65.19% | -175.25% | -139.35% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 20.13 | 17.88 | 2.59 | 16.1 | 4.21 | 1.83 | 0.59 | 0.02 | 0.12 | 1.22 | 0.04 | 0 |
| Expenses | 22.96 | 24.26 | 6.4 | 20.58 | 6.09 | 4.62 | 1.11 | 5.56 | 0.65 | 2.52 | 0.8 | 0.55 |
| Operating Profit | -2.83 | -6.38 | -3.81 | -4.48 | -1.88 | -2.79 | -0.52 | -5.54 | -0.53 | -1.3 | -0.76 | -0.55 |
| OPM % | -14.06 | -35.68 | -147.1 | -27.83 | -44.66 | -152.46 | -88.14 | -27700 | -441.67 | -106.56 | -1900 | — |
| Other Income | 4.21 | 0 | 0 | 0.68 | 0.01 | 0.02 | 0.06 | -0.92 | -0.04 | -0.05 | 0.02 | 0.02 |
| Interest | 0.02 | 0.81 | 0.46 | 1.5 | 1.16 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.96 | 1.01 | 0.99 | 0.99 | 0.98 | 0.87 | 0.93 | 0.93 | 0.88 | 1.77 | 0.88 | 0.88 |
| Profit before tax | 0.4 | -8.2 | -5.26 | -6.29 | -4.01 | -3.66 | -1.39 | -7.39 | -1.45 | -3.12 | -1.62 | -1.41 |
| Tax % | 0 | 0 | 0 | 2.23 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.4 | -8.2 | -5.25 | -6.43 | -4.01 | -3.66 | -1.39 | -7.38 | -1.45 | -3.11 | -1.62 | -1.41 |
| EPS in Rs | 0.41 | -8.48 | -5.43 | -6.65 | -4.15 | -3.79 | -1.44 | -7.64 | -1.5 | -3.22 | -1.68 | -1.46 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 97.07 | 128.46 | 161.4 | 122.34 | 91.53 | 79.38 | 77.05 | 56.7 | 6.65 | 1.26 |
| Expenses | 106.08 | 136.46 | 150.66 | 116.09 | 87.67 | 78.83 | 81.67 | 74.22 | 17.38 | 3.87 |
| Operating Profit | -9.01 | -8 | 10.74 | 6.25 | 3.86 | 0.55 | -4.62 | -17.52 | -10.73 | -2.61 |
| OPM % | -9.28 | -6.23 | 6.65 | 5.11 | 4.22 | 0.69 | -6 | -30.9 | -161.35 | -207.14 |
| Other Income | -0.06 | 0.01 | 22.99 | 4.98 | 0 | 7.85 | 3.97 | 4.9 | -0.83 | -0.01 |
| Interest | 8.58 | -11.23 | 5.68 | 5.9 | 3.78 | 2.29 | 1.19 | 2.78 | 1.18 | 0 |
| Depreciation | 3.18 | 3.22 | 3.26 | 3.31 | 3.38 | 3.49 | 3.68 | 3.94 | 3.7 | 3.52 |
| Profit before tax | -20.83 | 0.02 | 24.79 | 2.02 | -3.3 | 2.62 | -5.52 | -19.34 | -16.44 | -6.14 |
| Tax % | 3.74 | 0 | 0 | 0 | 0 | 0 | 0 | 0.72 | 0 | 0 |
| Net Profit | -21.61 | 0.02 | 24.8 | 2.01 | -3.3 | 2.63 | -5.52 | -19.48 | -16.44 | -6.14 |
| EPS in Rs | -22.36 | 0.02 | 25.66 | 2.08 | -3.41 | 2.72 | -5.71 | -20.16 | -17.01 | -6.35 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 |
| Reserves | -39.63 | -39.62 | -4.82 | -2.8 | -6.11 | -3.48 | -8.84 | -28.23 | -54.67 | -60.82 |
| Borrowings | 87.76 | 79.8 | 43.11 | 29.49 | 50.77 | 21.79 | 32.78 | 46.28 | 51.39 | 51.41 |
| Other Liabilities | 57.18 | 68.71 | 79.07 | 80.35 | 45.94 | 55.27 | 45.36 | 45.49 | 59.7 | 55.04 |
| Total Liabilities | 114.97 | 118.55 | 127.02 | 116.7 | 100.26 | 83.24 | 78.96 | 73.2 | 66.08 | 55.29 |
| Fixed Assets | 62.74 | 61.11 | 60.21 | 59.37 | 59.19 | 49.14 | 50.81 | 50.57 | 48.7 | 45.17 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 52.23 | 57.44 | 66.81 | 57.33 | 41.07 | 34.1 | 28.15 | 22.63 | 17.38 | 10.12 |
| Total Assets | 114.97 | 118.55 | 127.02 | 116.7 | 100.26 | 83.24 | 78.96 | 73.2 | 66.08 | 55.29 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.76 | 1.63 | 15.21 | 4.51 | -17.45 | 15.94 | -9.31 | -9.9 | 6.73 | — |
| Cash from Investing Activity | 0.48 | -1.23 | -2.08 | -0.8 | -3.86 | 15.32 | -1.39 | -4.82 | -10.8 | — |
| Cash from Financing Activity | 2.26 | -1.39 | -13.09 | -3.85 | 21.75 | -32.35 | 10.89 | 14.91 | 3.95 | — |
| Net Cash Flow | 1.98 | -0.99 | 0.04 | -0.15 | 0.44 | -1.1 | 0.19 | 0.19 | -0.12 | — |
| Free Cash Flow | -0.89 | 0.12 | 12.85 | 2.04 | -20.64 | 22.5 | -14.67 | -13.82 | 4.91 | — |
| CFO/OP | 8 | -20 | 142 | 72 | -452 | 2898 | 207 | 56 | -62 | — |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 128.26 | 121.87 | 105.97 | 104.57 | 95.79 | 75 | 49.27 | 52.59 | 14.82 | 63.73 |
| Inventory Days | 41.32 | 18.75 | 59.94 | 42.02 | 48.34 | 79.12 | 80.06 | 71.21 | 118.37 | 355.8 |
| Days Payable | 178.93 | 148.18 | 272.87 | 315.79 | 216.07 | 372.61 | 295.09 | 239.64 | 1153.48 | 7511.64 |
| Cash Conversion Cycle | -9.35 | -7.56 | -106.96 | -169.19 | -71.94 | -218.49 | -165.76 | -115.84 | -1020.29 | -7092.11 |
| Working Capital Days | -239.41 | -46.09 | -17.66 | -86.22 | -4.03 | -158.41 | -211.99 | -424.16 | -4894.84 | -24863.45 |
| ROCE % | -18.02 | -20.83 | 62.32 | 10.27 | 1.06 | -4.23 | -14.07 | -54.02 | -83.31 | -180.12 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 20.56% | 20.56% | 37.69% | 37.69% | 37.69% | 37.69% | 37.69% | 37.69% | 37.69% | 37.69% | 37.62% | 37.62% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0.04% | 0.04% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 70.58% | 68.16% | 53.75% | 53.72% | 53.63% | 53.65% | 53.76% | 53.82% | 53.86% | 53.92% | 54% | 54.03% |
| Others | 8.82% | 11.24% | 8.53% | 8.56% | 8.66% | 8.64% | 8.52% | 8.46% | 8.42% | 8.37% | 8.35% | 8.32% |
| No. of Shareholders | 9114 | 9100 | 9069 | 9048 | 9056 | 9051 | 9122 | 9285 | 9338 | 9324 | 9321 | 9298 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 2 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 15.45 | Buy |
| EMA (10) | 15.3 | Buy |
| SMA (20) | 13.92 | Buy |
| EMA (20) | 14.49 | Buy |
| SMA (50) | 13.27 | Buy |
| EMA (50) | 13.86 | Buy |
| SMA (100) | 14.15 | Buy |
| EMA (100) | 13.71 | Buy |
| SMA (200) | 12.93 | Buy |
| EMA (200) | 13.62 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 74.11 | Sell |
| MACD (12,26,9) | 0.88 | Buy |
| Stochastic (14,3,3) | 88.54 | Sell |
| ADX (14) | 27.52 | Buy |
| Williams %R (14) | -16.4 | Sell |
| ATR (14) | 0.69 | High Volatility |
| ROC (12) | 20.75 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 47.06 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39a020be-3e0a-437c-b5b7-b734e5bc90a9.pdf) |
| 2026-09-08 | [FIXING BOOK CLOSURE FOR THE PURPOSE OF AGM 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=535e15c3-8b79-4a07-bdc4-90b6c49ab86c.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8031832-a7c6-40ba-9dc1-388172804069.pdf) |
| 2026-07-18 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4029df9-d4de-45c9-b8f6-61bcf5a1161f.pdf) |
| 2026-07-11 | [Board Meeting Intimation for Audited Financial Results For The Period Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b4ff318-de89-409e-bf01-14ee7a7c0db8.pdf) |
| 2026-06-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=295b5fa2-eb08-49de-a5a9-a48937b63a8a.pdf) |
| 2026-05-25 | [Board Meeting Intimation for Board Meeting Dated 30.05.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac3a03ce-5351-4f9d-befa-7d39f13a89f3.pdf) |
| 2026-05-02 | [Corporate Insolvency Resolution Process (CIRP)-Resolution Plans received by Resolution Professional](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7916d063-e881-4b2a-b1a3-236a7c96bd48.pdf) |
| 2026-04-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd1bef21-5e23-4f17-ad27-6a1bc8499f01.pdf) |
| 2026-04-03 | [Corporate Insolvency Resolution Process (CIRP)-Resolution Plans received by Resolution Professional](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e59dbad0-5357-4232-94b7-47dadf54949f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Board meeting Feb 13, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed. | [Board Meeting Intimation for Rama Paper Mills Limited To Be Held On 13.02.2026 6 Feb - Board meeting Feb 13, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f609a126-2d36-49b9-a05f-ba0efc80f3ab.pdf) |
| 5 Feb - Submitting clipping of Newspaper dated 05th February 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Feb - Submitting clipping of Newspaper dated 05th February 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a52fe397-c879-4c59-9b89-8956a711cedc.pdf) |
| 30 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended on 31st December, 2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 30 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended on 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df855234-8c3a-40f6-b8c1-cadd42eec8e1.pdf) |
| 3 Feb - No deviation/variation disclosure applicable for quarter ended 31 Dec 2025. | [Submission Of Disclosure Under Regulation 32 Of SEBI (LODR) Regulations, 2015 3 Feb - No deviation/variation disclosure applicable for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/acfaefb6-2653-4b46-b89f-9c9871679260.pdf) |
| 3 Feb - Board approved unaudited results for quarter ended 31-Dec-2025; limited review report taken on record. | [Board Meeting Outcome for Outcome Of The Board Meeting As Per Regulation 30 Of The SEBI (LODR) Regulations, 2015. 3 Feb - Board approved unaudited results for quarter ended 31-Dec-2025; limited review report taken on record.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bcd47940-0b4f-4e90-a416-6360e2e26ab2.pdf) |
| 3 Apr - Raama Paper Mills disclosed resolution applicants in CIRP: Ujala Renewables LLP consortium and Poddar Global Private Limited. | [Corporate Insolvency Resolution Process (CIRP)-Resolution Plans received by Resolution Professional 3 Apr - Raama Paper Mills disclosed resolution applicants in CIRP: Ujala Renewables LLP consortium and Poddar Global Private Limited.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e59dbad0-5357-4232-94b7-47dadf54949f.pdf) |
| 29 Jan - Board meeting 03 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025; trading reopens 06 Feb. | [Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 And Information Regarding Reopening Of Trading Window Of Equity Shares Of The Company. 29 Jan - Board meeting 03 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025; trading reopens 06 Feb.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c4ebc00-ee93-462f-997f-d8d5fc7e5c46.pdf) |
| 2 May - CoC approved Poddar Global’s resolution plan on 02 May 2026 with 99.38% votes; NCLT approval next. | [Corporate Insolvency Resolution Process (CIRP)-Resolution Plans received by Resolution Professional 2 May - CoC approved Poddar Global’s resolution plan on 02 May 2026 with 99.38% votes; NCLT approval next.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7916d063-e881-4b2a-b1a3-236a7c96bd48.pdf) |
| 2 May - CoC approved Poddar Global’s resolution plan on 02 May 2026 with 99.38% votes; NCLT approval next. | [Corporate Insolvency Resolution Process (CIRP)-Resolution Plans received by Resolution Professional 2 May - CoC approved Poddar Global’s resolution plan on 02 May 2026 with 99.38% votes; NCLT approval next.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7916d063-e881-4b2a-b1a3-236a7c96bd48.pdf) |
| 2 Apr - Two resolution plans received for Raama Paper Mills; placed before 14th CoC meeting on 01.04.2026. | [Corporate Insolvency Resolution Process (CIRP)-Resolution Plans received by Resolution Professional 2 Apr - Two resolution plans received for Raama Paper Mills; placed before 14th CoC meeting on 01.04.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41b1ce56-2c17-4cfe-b99c-daec704300d2.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-05-17 | [Un-Audited Financial Results For The Quarter Ended On 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89e75949-5d3a-4b79-ba29-66c2e6816b8c.pdf) |
| 2025-05-17 | [Un-Audited Financial Results For The Quarter Ended As On 31St December2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9d0bc35-c100-468c-8a07-05172492d41e.pdf) |
| 2025-03-25 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db92a664-d5b6-45d2-b796-e9a77ce1d7d1.pdf) |
| 2024-06-04 | [Audited Financial Results For The Period Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0bd38345-8a72-4ad6-87e1-896049e888d8.pdf) |
| 2023-11-14 | [Un-Audited Financial Results For The Quarter And Half Year Ended As On 30.09.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35fac9c3-7cb9-410b-bb47-77d1b3632af7.pdf) |
| 2023-08-14 | [Unaudited Financial Results For The Quarter Ending June 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2ce2d5a-8436-4cef-affb-7ceaf72d6008.pdf) |
| 2023-05-30 | [Outcome Of Board Meeting Held On 30Th May, 2023 Related To Approval Of Audited Financial Results Of The Company For The Fourth Quarter And Year Ended On March 31, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=510557d9-7a90-4788-b10c-5ddf2862babb.pdf) |
| 2023-02-14 | [Outcome Of Board Meeting Held On February 14, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4babe7a5-e5cd-4e8e-951d-37b5f6b83a67.pdf) |
| 2022-11-17 | [Board Meeting Outcome for Revised Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fa6541d-f0ee-49e7-8a1c-760741bf37fc.pdf) |
| 2022-11-14 | [Board Meeting Outcome For Unaudited Financial Results - 30Th September, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=142a9083-7bae-4673-9f67-6df7d70195e5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0aa689e3-f0f6-416c-9088-4fead404b601.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6fd20552-3f33-4a12-82f0-3c22b5df847b.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79f114e4-2c9e-48c2-9e49-edd1d6da47ee.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be0922d5-1419-400a-ad0f-4ec56cb08683.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61a172ae-4480-4998-8fff-f52de6dc2a73.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/433e4c4b-97ea-447e-8af1-45d6278232d7.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/540821/73986540821.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500357/77105500357.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/540821/72242540821.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500357/72271500357.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:16:27.213Z.