---
title: "Ironwood Education Ltd (508918) — Share Price, Financials & Analysis"
symbol: "508918"
company: "Ironwood Education Ltd"
canonical: "https://tapetide.com/stocks/508918"
isin: "INE791H01011"
nse_symbol: "GREYCELLSEDUCATIONLTD"
bse_code: "508918"
sector: "Consumer Services"
industry: "Education"
market_cap_cr: 76.81
generated_at: "2026-09-13T19:17:15.443Z"
---

# Ironwood Education Ltd (508918)

Canonical page: https://tapetide.com/stocks/508918

## Company

- **NSE Symbol:** GREYCELLSEDUCATIONLTD
- **BSE Code:** 508918
- **ISIN:** INE791H01011
- **Sector:** Consumer Services
- **Industry:** Education
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **CEO:** Mr. Balaji Raghavan
- **Employees:** 12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ironwoodworld.com

## About

Incorporated in 1983, Ironwood Education Ltd is engaged in the business of Education and Real Estate.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:44:17.115694Z.

- **Market Cap:** ₹76.81 Cr
- **Classification:** Microcap
- **P/E (reported):** 13
- **EPS (TTM):** ₹3.87
- **Book Value:** ₹18.61
- **Price to Book:** 2.47
- **Dividend Yield:** 0%
- **ROE:** -47.14%
- **ROCE:** -25.01%
- **Debt to Equity:** 1.27
- **Revenue (yearly):** ₹52.58 Cr
- **Net Income:** ₹3.89 Cr
- **EBITDA:** ₹8.21 Cr
- **52-Week High:** ₹62.8
- **52-Week Low:** ₹32.27
- **RSI (14):** 40.36

## Tapetide Score

- **Score:** 46 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 31.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 37.78 | 9% |
| growth | 98.9 | 9% |
| momentum | 76.46 | 12% |
| ownership | 42.17 | 24% |
| quality | 20.32 | 22% |
| valuation | 41.85 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 31.7% CAGR over last 5 years

### Weaknesses

- Stock is trading at 2.59 times its book value
- Promoter holding has decreased over last quarter: -1.77%
- Company has a low return on equity of 3.69% over last 3 years.
- Company has high debtors of 234 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| ebitda margin growth | -47.06% | 289.37% | -313.61% | -139.4% |
| net income growth | 125% | -138.14% | 60% | 32% |
| revenue growth | -47.79% | 873.7% | 181% | 82% |
| roce | -47.4% | -24.51% | 351.44% | -15.43% |
| roe | 123.68% | -53.29% | -54.65% | 275.32% |

## 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 | 0.84 | 0.81 | 1.47 | 0.67 | 0.9 | 0.94 | 0.95 | 0.24 | 0.52 | 29.6 | 22.22 | 11.56 |
| Expenses | 1.17 | 1 | 1.31 | 1.08 | 1.03 | 1.31 | 1.77 | 1.06 | 0.85 | 23.18 | 19.28 | 9.97 |
| Operating Profit | -0.33 | -0.19 | 0.16 | -0.41 | -0.13 | -0.37 | -0.82 | -0.82 | -0.33 | 6.42 | 2.94 | 1.59 |
| OPM % | -39.29 | -23.46 | 10.88 | -61.19 | -14.44 | -39.36 | -86.32 | -341.67 | -63.46 | 21.69 | 13.23 | 13.75 |
| Other Income | 1.12 | 0.02 | -5.42 | 0.03 | 1.25 | -1.15 | -7.69 | 0.04 | 0.17 | 0.19 | 0.41 | 0.2 |
| Interest | 0.15 | 0.12 | 0.36 | 0.11 | 0.05 | 0.09 | 0.15 | 0.26 | 0.26 | 1.23 | 0.83 | 0.86 |
| Depreciation | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.08 | 0.07 |
| Profit before tax | 0.53 | -0.4 | -5.73 | -0.6 | 0.96 | -1.72 | -8.78 | -1.16 | -0.54 | 5.25 | 2.44 | 0.86 |
| Tax % | 0 | 0 | 0.35 | 0 | 0 | 0 | 0.11 | 0.86 | -1.85 | 0.19 | 84.43 | 1.16 |
| Net Profit | 0.53 | -0.4 | -5.75 | -0.6 | 0.96 | -1.72 | -8.79 | -1.17 | -0.53 | 5.24 | 0.38 | 0.85 |
| EPS in Rs | 0.67 | -0.51 | -7.27 | -0.76 | 1.21 | -2.18 | -5.83 | -0.78 | -0.35 | 3.48 | 0.23 | 0.51 |

### 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 | 7.31 | 5.75 | 5.58 | 2.63 | 2.19 | 2.37 | 4.07 | 3.46 | 52.58 | 63.9 |
| Expenses | 8.97 | 8.79 | 6.77 | 4.03 | 3.51 | 3.55 | 4.53 | 5.19 | 44.17 | 53.28 |
| Operating Profit | -1.66 | -3.04 | -1.19 | -1.4 | -1.32 | -1.18 | -0.46 | -1.73 | 8.41 | 10.62 |
| OPM % | -22.71 | -52.87 | -21.33 | -53.23 | -60.27 | -49.79 | -11.3 | -50 | 15.99 | 16.62 |
| Other Income | 0.44 | 0.3 | 0.72 | 0.27 | 0.35 | 0.38 | -4.33 | -7.55 | 0.73 | 0.97 |
| Interest | 0 | 0.06 | 0.2 | 0.32 | 0.45 | 0.68 | 0.79 | 0.41 | 2.7 | 3.18 |
| Depreciation | 0.18 | 0.04 | 0.45 | 0.54 | 0.26 | 0.45 | 0.43 | 0.45 | 0.45 | 0.4 |
| Profit before tax | -1.4 | -2.84 | -1.12 | -1.99 | -1.68 | -1.93 | -6.01 | -10.14 | 5.99 | 8.01 |
| Tax % | 4.29 | 0.35 | 5.36 | 1.51 | 1.79 | -2.07 | 0.17 | 0.1 | 34.56 | — |
| Net Profit | -1.46 | -2.85 | -1.18 | -2.02 | -1.9 | -1.88 | -6.03 | -10.15 | 3.91 | 5.94 |
| EPS in Rs | -1.85 | -3.6 | -1.49 | -2.55 | -2.4 | -2.38 | -7.63 | -6.74 | 2.33 | 3.87 |
| 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 | 7.91 | 7.91 | 7.91 | 7.91 | 7.91 | 7.91 | 7.91 | 7.91 | 15.07 | 16.78 |
| Reserves | 19.67 | 14.19 | 11.29 | 9.95 | 8.14 | 6.17 | 3.93 | -1.94 | 6.46 | 14.44 |
| Borrowings | 0 | 0 | 0.86 | 2.33 | 5.77 | 7.04 | 10.46 | 9.73 | 17.26 | 39.73 |
| Other Liabilities | 2.54 | 2.77 | 2.93 | 4.18 | 2.05 | 1.59 | 1.85 | 2.58 | 69.18 | 38.06 |
| Total Liabilities | 30.12 | 24.87 | 22.99 | 24.37 | 23.87 | 22.71 | 24.15 | 18.28 | 107.97 | 109.01 |
| Fixed Assets | 17.45 | 17.35 | 17.34 | 19.28 | 18.78 | 17.61 | 18.85 | 12.89 | 8.51 | 8.34 |
| CWIP | 0 | 0 | 0 | 0.02 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Investments | 6.93 | 1.39 | 2.09 | 2 | 3.6 | 3.76 | 3.76 | 3.5 | 2 | 2 |
| Other Assets | 5.74 | 6.13 | 3.56 | 3.07 | 1.49 | 1.33 | 1.54 | 1.89 | 97.46 | 98.67 |
| Total Assets | 30.12 | 24.87 | 22.99 | 24.37 | 23.87 | 22.71 | 24.15 | 18.28 | 107.97 | 109.01 |

### 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 | -1.08 | -1.51 | -2.83 | 0.83 | -1.81 | -1.38 | -1.29 | -0.82 | -26.14 | -24.41 |
| Cash from Investing Activity | -0.81 | 1.59 | 1.33 | -2.19 | 0.1 | -0.42 | -0.26 | 1.48 | -4.02 | -0.03 |
| Cash from Financing Activity | 0 | 0 | 0.85 | 1.28 | 1.63 | 1.81 | 1.67 | -0.94 | 32.56 | 24.38 |
| Net Cash Flow | -1.9 | 0.07 | -0.65 | -0.08 | -0.08 | 0.01 | 0.13 | -0.29 | 2.4 | -0.06 |
| Free Cash Flow | -1.16 | -1.57 | -2.85 | -1.59 | -1.83 | -1.39 | -1.55 | -0.83 | -30.42 | -24.44 |
| CFO/OP | 69 | 94 | 95 | -65 | 129 | 105 | 109 | 178 | 1509 | -291 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 26.73 | 28.96 | 31.74 | 35.98 | 92.98 | 75 | 75.46 | 100.44 | 3444.29 | 234.01 |
| Inventory Days | — | — | — | — | — | — | — | — | — | 4008.69 |
| Days Payable | — | — | — | — | — | — | — | — | — | 56.78 |
| Cash Conversion Cycle | 26.73 | 28.96 | 31.74 | 35.98 | 92.98 | 75 | 75.46 | 100.44 | 3444.29 | 4185.92 |
| Working Capital Days | -49.35 | -26.96 | -67.92 | -60.18 | -126.29 | -135 | -146.31 | -99.55 | 2685.81 | 363.89 |
| ROCE % | -2.82 | -5.64 | -13.19 | -4.57 | -7.95 | -5.73 | -5.76 | -3.47 | -0.88 | 15.98 |

## 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 | 57.4% | 57.4% | 57.71% | 57.71% | 57.71% | 57.71% | 30.29% | 30.29% | 76.64% | 73.61% | 66.11% | 64.33% |
| FIIs | 2.46% | 2.46% | 2.46% | 2.46% | 2.46% | 2.46% | 1.29% | 0.63% | 0.63% | 0.63% | 0.56% | 0.6% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 14.75% | 14.74% | 15.11% | 15.32% | 16.38% | 17.17% | 56.53% | 62.74% | 17.16% | 18.34% | 22.66% | 22.53% |
| Others | 25.4% | 25.4% | 24.72% | 24.5% | 23.44% | 22.66% | 11.89% | 6.35% | 5.57% | 7.41% | 10.67% | 12.53% |
| No. of Shareholders | 1286 | 1447 | 2169 | 2156 | 1975 | 1899 | 1863 | 1846 | 2072 | 2941 | 2892 | 2801 |

## Technical Indicators

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

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 7 / 5 / 7

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 47.85 | Buy |
| EMA (10) | 47.78 | Buy |
| SMA (20) | 48.58 | Sell |
| EMA (20) | 48.49 | Sell |
| SMA (50) | 50.69 | Sell |
| EMA (50) | 48.88 | Sell |
| SMA (100) | 47.2 | Buy |
| EMA (100) | 48.02 | Buy |
| SMA (200) | 47.1 | Buy |
| EMA (200) | 46.25 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.09 | Neutral |
| MACD (12,26,9) | -0.81 | Sell |
| Stochastic (14,3,3) | 22.42 | Neutral |
| ADX (14) | 35.39 | Buy |
| Williams %R (14) | -64.69 | Neutral |
| ATR (14) | 3.27 | High Volatility |
| ROC (12) | -3.62 | Sell |
| Stoch RSI (14) | 85.67 | Sell |
| UO (7,14,28) | 41.98 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bcbf7b24-aec2-4328-a805-1b1c38c2f890.pdf) |
| 2026-09-04 | [Shareholder Meeting-AGM On September 28 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0edcb6a7-fac8-4058-8e38-1de2662f4c44.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=368c6add-4232-4aaa-aeef-0f2e76322d9e.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37540063-c4be-4352-8d54-0b9269f60681.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46fc3521-35fc-4061-a07c-5e4fcc3aac63.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1aaa336-16b1-432f-bc70-cbc8b9241c0e.pdf) |
| 2026-08-14 | [Compliances- Statement Of Deviation & Variation For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e1478fc-d744-4045-b5c4-655fb752714c.pdf) |
| 2026-08-14 | [Corporate Action-Fixes Book Closure For Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6cc9e09-046c-4608-9002-3b1c2e7ccdb2.pdf) |
| 2026-08-11 | [Update on board meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=107e285e-29f2-471b-8a41-f114ac2bf801.pdf) |
| 2026-08-07 | [Board Meeting Intimation for Approval Of Quarterly Financial Results Ended On 30Th June 2026 And Raising Of Funds By Way Of Issuance Of Equity Shares Through Right Issue.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9697d5e2-2a4e-4748-b505-ce5b72d2ec35.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Results-Financial Results For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a42d1b47-9070-4fd3-af66-586b7e1e06be.pdf) |
| 2026-05-28 | [Results-Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfaf8c98-a104-4d70-ab99-c954ed03d260.pdf) |
| 2026-02-13 | [Results-Financial Results For December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=405060d9-5011-46fc-9935-592a4aedbc48.pdf) |
| 2025-11-13 | [Results-Financial Results For September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3a58ed0-5723-4a93-bb93-5850f91a199d.pdf) |
| 2025-08-06 | [Results-Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbbd38bc-8cf0-4d12-8cb7-5af2064632ae.pdf) |
| 2025-05-28 | [Results-Financial Results For March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=227f93b3-52a0-4f08-918c-1ebeec2eae81.pdf) |
| 2025-02-07 | [Results-Financial Results For December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=433d3129-6985-4797-a1b5-063e125ee8ed.pdf) |
| 2024-11-13 | [Results-Financial Results For September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1655f1dc-7fd8-4fc6-9d10-ae8fd7363824.pdf) |
| 2024-08-12 | [Results-Financial Results For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af4ca026-c973-47b6-a1ac-b1aa06be6a00.pdf) |
| 2024-05-27 | [Results-Financial Results For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce1090e4-ba57-4893-b48c-addaae29572f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Apr - Certificate dated April 6, 2026 issued by Bigshare Services Private Limited, Registrar and Share Transfer Agent of the Company for quarter ended March 31, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Certificate dated April 6, 2026 issued by Bigshare Services Private Limited, Registrar and Share Transfer Agent of the Company for quarter ended March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e15fc96-7a2b-466c-bf3b-4006e947d348.pdf) |
| 30 Mar - Ironwood Education: trading window closed until 48 hours after March 31, 2026 results. | [Closure of Trading Window 30 Mar - Ironwood Education: trading window closed until 48 hours after March 31, 2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dc54f0fb-b1ea-415d-b379-dd3a9bdf178d.pdf) |
| 25 Feb - Opened seven retail stores in Gujarat, Maharashtra, Madhya Pradesh on Feb 23–24, 2026. | [Announcement For Opened New Retail Stores. 25 Feb - Opened seven retail stores in Gujarat, Maharashtra, Madhya Pradesh on Feb 23–24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b729fc49-b7df-4d8c-82d0-1317dcb2038a.pdf) |
| 24 Feb - E-Copies of newspaper advertisements of dispatch of Postal Ballot and information relating to e-voting published on February 24, 2026 in Free Press Journal (in English) … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Feb - E-Copies of newspaper advertisements of dispatch of Postal Ballot and information relating to e-voting published on February 24, 2026 in Free Press Journal (in English) …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/659d30a1-a2d5-4213-87cb-c510f82c23e3.pdf) |
| 19 Feb - Umiya Mobile proposes opening 26 retail stores across Gujarat, Maharashtra, Madhya Pradesh; dated Feb 19, 2026. | [Announcement Regarding To Open 26 (Twenty-Six) New Retail Stores In Near Future. 19 Feb - Umiya Mobile proposes opening 26 retail stores across Gujarat, Maharashtra, Madhya Pradesh; dated Feb 19, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/893a325f-8e6e-496e-b79c-9e0fdd4f99a5.pdf) |
| 18 Feb - Opened 13 retail stores across Maharashtra, Gujarat and Madhya Pradesh on 18/02/2026. | [Announcement As Per Regulation 30 Of SEBI (LODR) Regulation, 2015 For Opening Of New Retails Stores. 18 Feb - Opened 13 retail stores across Maharashtra, Gujarat and Madhya Pradesh on 18/02/2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c1af128d-60bd-48f4-8c17-ea4fda6f952e.pdf) |
| 16 Feb - Proposes to open 13 retail stores across Maharashtra, Gujarat and Madhya Pradesh; dated February 16, 2026, India., | [Intimation As Per Regulation 30 Of SEBI (LODR) Regulation, 2015 In Regarding To Proposed To Open 13 (Thirteen) New Retail Stores In Near Future 16 Feb - Proposes to open 13 retail stores across Maharashtra, Gujarat and Madhya Pradesh; dated February 16, 2026, India.,](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f4efd299-84aa-4473-ba6c-29db08510a08.pdf) |
| 15 Jan - Opened 10 retail stores across Madhya Pradesh on Jan 12-13, 2026 (Indore, Sagar, Harda). | [Announcement As Per Reg. 30 Of SEBI (LODR) Regulation, 2015 15 Jan - Opened 10 retail stores across Madhya Pradesh on Jan 12-13, 2026 (Indore, Sagar, Harda).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c337c87-1d83-419c-95b3-305458db8589.pdf) |
| 14 Feb - Copies of newspaper publications for the unaudited financial results of the Company for the quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Copies of newspaper publications for the unaudited financial results of the Company for the quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a87af83-3d8f-4f2c-96fd-256794ea7520.pdf) |
| 13 Feb - No deviation in utilization of Rs.2,07,72,000 raised via preferential issue dated Feb 26,2025 (quarter ended Dec 31,2025). | [Compliances-Statement Of Deviation And Variations For Quarter Ended December 31, 2025 13 Feb - No deviation in utilization of Rs.2,07,72,000 raised via preferential issue dated Feb 26,2025 (quarter ended Dec 31,2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ff870dc-d381-41f1-96df-e070b680ec95.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b20d4c90-3c7b-44b6-82ef-d8f593fa6679.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b6335df-dd9b-4180-b86e-e5c11f514a36.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cfba02f6-df9b-4812-a0ff-86fc75194f9c.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/508918/75307508918.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/508918/70571508918.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/508918/65679508918.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/508918/5089180319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/508918/5089180318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/508918/5089180317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/508918/5089180316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/508918/5089180315.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 2026-09-13T19:17:15.443Z.