---
title: "Vapi Enterprise Ltd (502589) — Share Price, Financials & Analysis"
symbol: "502589"
company: "Vapi Enterprise Ltd"
canonical: "https://tapetide.com/stocks/502589"
isin: "INE464D01014"
nse_symbol: "VAPIPAPERMILLSLTD"
bse_code: "502589"
sector: "Forest Materials"
industry: "Paper & Paper Products"
market_cap_cr: 27.1
generated_at: "2026-09-13T19:17:20.383Z"
---

# Vapi Enterprise Ltd (502589)

Canonical page: https://tapetide.com/stocks/502589

## Company

- **NSE Symbol:** VAPIPAPERMILLSLTD
- **BSE Code:** 502589
- **ISIN:** INE464D01014
- **Sector:** Forest Materials
- **Industry:** Paper & Paper Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vapienterprise.com

## About

Vapi Enterprise Limited, formerly Vapi Paper Mills, is now a treasury-income company after disposing of its factory undertaking and halting operations. Surplus funds are held in bank FDRs while management evaluates new business opportunities. [1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:50:04.251574Z.

- **Market Cap:** ₹27.1 Cr
- **Classification:** Microcap
- **P/E (reported):** 18.6
- **EPS (TTM):** ₹6.4
- **EPS (reported):** ₹4.16
- **Book Value:** ₹162.72
- **Price to Book:** 0.73
- **Dividend Yield:** 0%
- **ROE:** 4.03%
- **ROCE:** 5.26%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹2.4 Cr
- **Net Income:** ₹1.5 Cr
- **EBITDA:** ₹2 Cr
- **52-Week High:** ₹172.85
- **52-Week Low:** ₹89.55
- **RSI (14):** 35.26

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.77 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 38.4%
- Company has a low return on equity of 3.57% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 77.04% | -177.73% | — |
| ebitda margin growth | 0% | 0.72% | 20.12% | 263.84% |
| net income growth | 0% | 15.38% | 10% | 36% |
| revenue growth | 0% | 9.09% | 4.55% | -0.81% |
| roce | — | 8.68% | 47.34% | 34.05% |
| roe | — | 9.21% | 3.38% | -179.49% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.54 | 0.41 | 0.53 | 0.5 | 0.51 | 0.57 | 0.6 | 0.62 | 0.6 | 0.56 | 0.62 | 0.58 |
| Expenses | 0.17 | 0.13 | 0.22 | 0.1 | 0.14 | 0.08 | 0.1 | 0.1 | 0.13 | 0.1 | 0.1 | 0.1 |
| Operating Profit | 0.37 | 0.28 | 0.31 | 0.4 | 0.37 | 0.49 | 0.5 | 0.52 | 0.47 | 0.46 | 0.52 | 0.48 |
| OPM % | 68.52 | 68.29 | 58.49 | 80 | 72.55 | 85.96 | 83.33 | 83.87 | 78.33 | 82.14 | 83.87 | 82.76 |
| Other Income | -0.19 | -0.01 | 0 | 0 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.18 | 0.27 | 0.31 | 0.4 | 0.36 | 0.49 | 0.5 | 0.52 | 0.47 | 0.46 | 0.54 | 0.48 |
| Tax % | 50 | 33.33 | 32.26 | 30 | 27.78 | 14.29 | 28 | 23.08 | 23.4 | 28.26 | 22.22 | 25 |
| Net Profit | 0.09 | 0.18 | 0.21 | 0.28 | 0.26 | 0.42 | 0.36 | 0.4 | 0.35 | 0.33 | 0.42 | 0.36 |
| EPS in Rs | 0.39 | 0.79 | 0.92 | 1.23 | 1.14 | 1.84 | 1.58 | 1.75 | 1.53 | 1.45 | 1.84 | 1.58 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.47 | 2.11 | 2.5 | 2.31 | 1.43 | 1.43 | 0 | 0 | 0 | 2.36 |
| Expenses | 2.61 | 2.6 | 2.49 | 2.3 | 1.96 | 1.68 | 0.67 | 0.41 | 0.44 | 0.43 |
| Operating Profit | -0.14 | -0.49 | 0.01 | 0.01 | -0.53 | -0.25 | -0.67 | -0.41 | -0.44 | 1.93 |
| OPM % | -5.67 | -23.22 | 0.4 | 0.43 | -37.06 | -17.48 | 67.94 | 81.19 | 81.33 | 81.78 |
| Other Income | 0.63 | 0.71 | 0.65 | 0.54 | 1.09 | 49.37 | 1.92 | 2.17 | 2.42 | 0.02 |
| Interest | 0.04 | 0.04 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.23 | 0.21 | 0.13 | 0.19 | 0.17 | 0.13 | 0 | 0.01 | 0 | 0 |
| Profit before tax | 0.22 | -0.03 | 0.52 | 0.36 | 0.39 | 48.99 | 1.25 | 1.75 | 1.98 | 1.95 |
| Tax % | 0 | 0 | 0 | 13.89 | 33.33 | 21.43 | 32.8 | 24.57 | 24.24 | — |
| Net Profit | 0.22 | -0.03 | 0.51 | 0.31 | 0.26 | 38.49 | 0.83 | 1.32 | 1.49 | 1.46 |
| EPS in Rs | 0.96 | -0.13 | 2.24 | 1.36 | 1.14 | 168.7 | 3.64 | 5.79 | 6.53 | 6.4 |
| Dividend Payout % | 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 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 | 2.28 |
| Reserves | -8.59 | -8.37 | -8.39 | -7.88 | -7.57 | -7.31 | 31.18 | 32.01 | 33.32 | 34.82 |
| Borrowings | 8.01 | 7.92 | 7.8 | 7.73 | 7.51 | 7.29 | 0.47 | 0.47 | 0.47 | 0.47 |
| Other Liabilities | 1.97 | 2.11 | 1.57 | 1.36 | 1.2 | 21.29 | 12.58 | 0.66 | 0.65 | 0.67 |
| Total Liabilities | 3.67 | 3.94 | 3.26 | 3.49 | 3.42 | 23.55 | 46.51 | 35.42 | 36.72 | 38.24 |
| Fixed Assets | 2.36 | 2.18 | 1.98 | 1.98 | 1.8 | 1.76 | 1.21 | 0.01 | 0.01 | 0 |
| CWIP | 0 | 0 | 0.08 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.09 |
| Other Assets | 1.29 | 1.74 | 1.18 | 1.49 | 1.6 | 21.78 | 45.29 | 35.4 | 36.7 | 38.15 |
| Total Assets | 3.67 | 3.94 | 3.26 | 3.49 | 3.42 | 23.55 | 46.51 | 35.42 | 36.72 | 38.24 |

### 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 | 0.7 | 0.29 | 0.04 | 0.4 | 0.44 | 0.04 | 7.81 | 8.89 | -30.09 | -6.91 |
| Cash from Investing Activity | -0.03 | -0.04 | -0.06 | -0.04 | 0.01 | 0.23 | 31.35 | 2.8 | 2.18 | 2.32 |
| Cash from Financing Activity | -0.54 | -0.13 | -0.15 | -0.09 | -0.22 | -0.22 | -6.82 | -11.88 | -0.02 | 0.03 |
| Net Cash Flow | 0.13 | 0.11 | -0.17 | 0.28 | 0.24 | 0.05 | 32.34 | -0.19 | -27.92 | -4.55 |
| Free Cash Flow | 0.62 | 0.24 | -0.05 | 0.35 | 0.44 | -0.1 | 58.31 | 9.88 | -30.09 | -6.91 |
| CFO/OP | -194 | -207 | -8 | 4000 | 4400 | -8 | -3124 | -1327 | 7339 | 1570 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 11.88 | 96.05 | 48.44 | 40.88 | 50.56 | 58.71 | 38.29 | — | — | — |
| Cash Conversion Cycle | 11.88 | 96.05 | 48.44 | 40.88 | 50.56 | 58.71 | 38.29 | — | — | — |
| Working Capital Days | -37.35 | 63.54 | 13.84 | -29.2 | 28.44 | 5.1 | -234.83 | — | — | — |
| ROCE % | 19.16 | 20.96 | 4.55 | 33.51 | 17.01 | 17.86 | 7.85 | 4.13 | 4.97 | 5.32 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 38.79% | 38.79% | 38.79% | 38.79% | 38.79% | 38.79% | 38.79% | 38.79% | 38.79% | 38.79% | 38.35% | 38.35% |
| FIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 56% | 56% | 56.04% | 56.12% | 56.02% | 56.03% | 55.98% | 55.98% | 55.96% | 55.96% | 56.4% | 56.4% |
| Others | 5.19% | 5.2% | 5.16% | 5.08% | 5.17% | 5.16% | 5.22% | 5.22% | 5.24% | 5.24% | 5.23% | 5.23% |
| No. of Shareholders | 1217 | 1244 | 1234 | 1230 | 1326 | 1309 | 1315 | 1311 | 1318 | 1317 | 1303 | 1294 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 5 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 128.66 | Sell |
| EMA (10) | 129.95 | Sell |
| SMA (20) | 142.43 | Sell |
| EMA (20) | 136.03 | Sell |
| SMA (50) | 134.05 | Sell |
| EMA (50) | 133.36 | Sell |
| SMA (100) | 117.73 | Buy |
| EMA (100) | 126.22 | Sell |
| SMA (200) | 120.06 | Buy |
| EMA (200) | 125.28 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.67 | Neutral |
| MACD (12,26,9) | -5.13 | Sell |
| Stochastic (14,3,3) | 4.91 | Buy |
| ADX (14) | 23.92 | Neutral |
| Williams %R (14) | -89.09 | Buy |
| ATR (14) | 8.13 | High Volatility |
| ROC (12) | -20.48 | Sell |
| Stoch RSI (14) | 20.03 | Neutral |
| UO (7,14,28) | 30.74 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - CRISIL reaffirmed Energy Infrastructure Trust's 'CRISIL AAA/Stable' issuer rating on March 9, 2026. | [Reg 23(5)(i): Disclosure of material issue 9h - CRISIL reaffirmed Energy Infrastructure Trust's 'CRISIL AAA/Stable' issuer rating on March 9, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/54b9055e-8729-4e10-ac34-73004b166cce.pdf) |
| 7 May - Board meeting on 26 May 2026 to approve audited FY26 results; trading window closed from 1 April 2026. | [Board Meeting Intimation for Intimation Of Board Meeting- Tuesday- 26Th May, 2026 7 May - Board meeting on 26 May 2026 to approve audited FY26 results; trading window closed from 1 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/96115535-bba3-4c40-aeba-0fd081a59cfd.pdf) |
| 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e048d839-d0ad-4073-bb1c-28108516143d.pdf) |
| 7 Apr - Depositories and Participants) Regulations, 2018 please find the Certificate received from Bigshare Services Private Limited for the quarter ended 31st March, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Depositories and Participants) Regulations, 2018 please find the Certificate received from Bigshare Services Private Limited for the quarter ended 31st March, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ed8a923-cd19-40e0-8290-06c71338c971.pdf) |
| 7 Apr - Company confirms it is not a Large Corporate as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 7 Apr - Company confirms it is not a Large Corporate as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71d84b7a-a01f-4a23-9e09-fc423f0183a7.pdf) |
| 6 Feb - Board approved unaudited standalone and consolidated Q3/9M FY26 results (Dec 31, 2025); NDCF nine months ₹806.24 crore; distributions ₹801.23 crore. | [Reg 23(5)(i): Disclosure of material issue 6 Feb - Board approved unaudited standalone and consolidated Q3/9M FY26 results (Dec 31, 2025); NDCF nine months ₹806.24 crore; distributions ₹801.23 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72119fbe-a611-4497-8782-25f32c3f2572.pdf) |
| 30 Jan - Board meeting Feb 6, 2026 to approve unaudited results for quarter and nine months ended Dec 31, 2025. | [Reg 23(5)(i): Disclosure of material issue 30 Jan - Board meeting Feb 6, 2026 to approve unaudited results for quarter and nine months ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eff77d8c-a753-4bdf-bc76-1c7907bd96fe.pdf) |
| 28 Jan - Board meeting on 12 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025. | [Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On 12Th February, 2026 At 10.00 AM For The Quarter Ended 31St December, 2025 28 Jan - Board meeting on 12 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9b0cc09d-d875-4ef9-b2dd-6a5e6bd52800.pdf) |
| 20 Jan - Submitted quarterly corporate governance compliance report for Energy Infrastructure Trust for quarter ended 31-Dec-2025, filed Jan 20, 2026. | [Reg 26K: Quarterly Compliance Report on Corporate governance 20 Jan - Submitted quarterly corporate governance compliance report for Energy Infrastructure Trust for quarter ended 31-Dec-2025, filed Jan 20, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b2c4c93-eef3-4d0b-9ab6-987bf69057f9.pdf) |
| 19 Jan - Unitholding pattern as on December 31, 2025: total units 664,000,000; sponsor holds 278,200,000 (41.90%). | [Unit Holding Pattern 19 Jan - Unitholding pattern as on December 31, 2025: total units 664,000,000; sponsor holds 278,200,000 (41.90%).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e03b119f-0e3c-4e36-b9bf-161822daa456.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d99fba8c-bbd0-4620-8b01-1a63a587aca9.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=487fce26-3714-48df-bc2d-ef33715a60ef.pdf) |
| 2026-08-10 | [Shareholder Meeting Scheduled To Be Held On 10Th September 2026 For The FY Ended 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54c1e8d4-a873-4be4-8bbc-eab3a260ee3e.pdf) |
| 2026-08-10 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d6b7421-d878-4f8e-8bb1-17d28d41f909.pdf) |
| 2026-08-10 | [Book Closure Intimation For The FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5f00c89-d95b-4759-938d-395992210694.pdf) |
| 2026-08-05 | [Board Meeting Outcome for Outcome Of BM On 05-08-2026_Appointment Of Secretarial Auditor](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfb035e3-9681-46e6-bd6c-7a7066dee451.pdf) |
| 2026-08-03 | [Board Meeting Intimation for Intimation Of Board Meeting Scheduled To Be Held On 05Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b71dec5-244a-4b0b-87cf-9bdac23a1122.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5a98719-307d-417c-a17c-83b985eafaa8.pdf) |
| 2026-07-30 | [Board Meeting Outcome for Outcome Of Board Meeting Scheduled On 30Th July 2026 For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f0e33eb-1af4-422d-954c-feb3bec832df.pdf) |
| 2026-07-30 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9912da81-3f94-4298-a8bf-5a877526b456.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-30 | [Results-Financial Results For Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecead080-1b84-4409-9fa7-7b3d47d3b893.pdf) |
| 2026-05-30 | [Results-Financial Results For The Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d430d73c-da09-49ff-90f7-2acbc820145d.pdf) |
| 2026-05-26 | [Results For Financial Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c97bb54-d93b-40a0-8231-bb867f481182.pdf) |
| 2026-02-12 | [Results Outcome Of Board Meeting In Accordance With SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89ca5cab-b67a-410d-820b-1b5a65f63ac0.pdf) |
| 2025-11-08 | [Results-Financial Results For Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd8fed63-3fa1-46cf-b768-c133de43c57c.pdf) |
| 2025-08-11 | [Financial Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2743213e-0f8b-4ec3-bb88-87acebcf89d0.pdf) |
| 2025-05-29 | [Financial Results For The Quarter And Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9eedbb8-9eee-4181-a183-a4e8829ef836.pdf) |
| 2025-02-12 | [Results-Financial Results For The Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c874bb33-3a4d-474f-a7e8-ae9275464264.pdf) |
| 2024-11-13 | [Financial Results For The Quarter And Half Year Ended 30Th September,2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ed5e79d-8000-4567-ae3d-926d2060efa1.pdf) |
| 2024-08-13 | [Financial Results For The Quarter Ended 30-06-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d372df76-54a8-41e6-94e0-0540bb4fe704.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d6b7421-d878-4f8e-8bb1-17d28d41f909.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a02bd770-ce4d-4150-ae47-24784f29789f.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0adafea1-c22f-4c69-9ac1-b60f60f5e069.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e5e3d16-48f6-4181-9389-9f89c85aa3ea.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/829fc4c7-4409-46b4-bf88-7d521e36cc33.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/542543/73343542543.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/502589/74837502589.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/542543/69159542543.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/502589/70162502589.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/542543/65306542543.pdf) |

---

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 2026-09-13T19:17:20.383Z.
