---
title: "Banas Finance Ltd (509053) — Share Price, Financials & Analysis"
symbol: "509053"
company: "Banas Finance Ltd"
canonical: "https://tapetide.com/stocks/509053"
isin: "INE521L01030"
nse_symbol: "BANASFINANCELTD"
bse_code: "509053"
sector: "Financial Services"
industry: "Investment Company"
market_cap_cr: 64.82
generated_at: "2026-09-13T19:16:48.468Z"
---

# Banas Finance Ltd (509053)

Canonical page: https://tapetide.com/stocks/509053

## Company

- **NSE Symbol:** BANASFINANCELTD
- **BSE Code:** 509053
- **ISIN:** INE521L01030
- **Sector:** Financial Services
- **Industry:** Investment Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** banasfinance.wordpress.com

## About

Incorporated in 1993, Banas Finance Ltd is in the business of finance and share trading[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:43:33.093774Z.

- **Market Cap:** ₹64.82 Cr
- **Classification:** Microcap
- **P/E (reported):** 3
- **EPS (TTM):** ₹2.41
- **EPS (reported):** ₹0
- **Book Value:** ₹15.34
- **Price to Book:** 0.47
- **Dividend Yield:** 0%
- **ROE:** 4.82%
- **ROCE:** 9.17%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹59.5 Cr
- **Net Income:** ₹6.6 Cr
- **EBITDA:** ₹12.6 Cr
- **52-Week High:** ₹9.89
- **52-Week Low:** ₹5.01
- **RSI (14):** 49.17

## Tapetide Score

- **Score:** 63 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 94.2 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 80.64 | 9% |
| growth | 39.9 | 9% |
| momentum | 71.61 | 12% |
| ownership | 50 | 24% |
| quality | 58.99 | 22% |
| valuation | 80.37 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.46 times its book value
- Company's working capital requirements have reduced from 122 days to 76.4 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 26.6%
- Company has a low return on equity of 3.32% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | 531.58% | 20.77% |
| ebitda margin growth | -72.64% | -152.52% | -53.72% | -76.69% |
| net income growth | -26.47% | -210% | 30% | -1% |
| revenue growth | -85.71% | 36.78% | 43% | 33% |
| roce | -73.03% | -194.93% | -56.15% | 1.12% |
| roe | -26.87% | -246.5% | 0.99% | -88.74% |

## 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 | 17.47 | 11.58 | 32.56 | 6.08 | 8.2 | 30.57 | 4.1 | 19.49 | 18.99 | 13.65 | 20.81 | 2.99 |
| Expenses | 4.07 | 17.42 | 19.45 | 13.37 | 18.59 | 31.09 | 8.83 | 10.06 | 9.84 | 16.68 | 10.37 | 0.12 |
| Operating Profit | 13.4 | -5.84 | 13.11 | -7.29 | -10.39 | -0.52 | -4.73 | 9.43 | 9.15 | -3.03 | 10.44 | 2.87 |
| OPM % | 76.7 | -50.43 | 40.26 | -119.9 | -126.71 | -1.7 | -115.37 | 48.38 | 48.18 | -22.2 | 50.17 | 95.99 |
| Other Income | 4.04 | 0.06 | 2.7 | 0.05 | 0.24 | 0.07 | 0.13 | 0.14 | 0.29 | 1.89 | 0.21 | 0 |
| Interest | 0.02 | 0 | 0.03 | 0.01 | 0 | 0 | 0.02 | 0.01 | 0 | 0.08 | 0.04 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 17.42 | -5.78 | 15.78 | -7.25 | -10.15 | -0.45 | -4.62 | 9.56 | 9.44 | -1.22 | 10.61 | 2.87 |
| Tax % | 0 | 0 | 197.15 | 0 | 1.97 | -44.44 | -251.08 | 0 | 1.06 | 0 | 53.44 | 0 |
| Net Profit | 17.72 | -5.24 | -14.4 | -6.57 | -9.53 | 0.67 | 8.51 | 10.63 | 10.99 | -1.14 | 6.81 | 4.97 |
| EPS in Rs | 1.84 | -0.55 | -1.5 | -0.73 | -1.06 | 0.07 | 0.95 | 1.19 | 1.23 | -0.13 | 0.76 | 0.55 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 9 | 14 | 101 | 20 | 73 | 43 | 59 | 56 |
| Expenses | 7 | 5 | 9 | 120 | 40 | 61 | 47 | 37 |
| Operating Profit | 2 | 10 | 91 | -100 | 33 | -18 | 13 | 19 |
| OPM % | 23 | 68 | 91 | -497 | 45 | -40 | 21 | 34 |
| Other Income | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 2 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 10 | 92 | -100 | 34 | -18 | 12 | 22 |
| Tax % | 24 | -17 | 24 | -45 | 93 | -66 | 47 | — |
| Net Profit | 1 | 12 | 69 | -54 | 4 | 0 | 11 | 22 |
| EPS in Rs | 0.27 | 1.16 | 6.88 | -5.58 | 0.46 | 0.03 | 1.26 | 2.41 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 26 | 26 | 48 | 48 | 90 | 90 |
| Reserves | 70 | 67 | 136 | 104 | 108 | 92 | 48 |
| Borrowings | 11 | 11 | 7 | 7 | 6 | 1 | 1 |
| Other Liabilities | 0 | 0 | 20 | 0 | 6 | 0 | 0 |
| Total Liabilities | 92 | 104 | 189 | 159 | 167 | 183 | 138 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 9 | 9 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 21 | 45 | 139 | 89 | 112 | 128 | 91 |
| Other Assets | 71 | 59 | 50 | 70 | 56 | 46 | 38 |
| Total Assets | 92 | 104 | 189 | 159 | 167 | 183 | 138 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 6 | 9 | 20 | -1 | -6 | 0 | 24 |
| Cash from Investing Activity | -4 | -15 | -6 | -49 | 8 | -39 | -26 |
| Cash from Financing Activity | 0 | 0 | -4 | 44 | -1 | 36 | 0 |
| Net Cash Flow | 3 | -6 | 10 | -6 | 2 | -2 | -2 |
| Free Cash Flow | 6 | 9 | 20 | -1 | -6 | 0 | 24 |
| CFO/OP | 286 | 92 | 22 | 1 | -15 | 0 | 194 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 22 | — | 0 | 0 | 0 | 0 | 0 |
| Days Payable | 20 | — | — | — | — | — | — |
| Cash Conversion Cycle | 3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -206 | 145 | 38 | 309 | 86 | 205 | 76 |
| ROCE % | — | 10 | 67 | -61 | 21 | -10 | 8 |

## 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 | 17.59% | 17.59% | 17.59% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% | 26.58% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.05% | 0.05% | 0.05% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 52.33% | 47.99% | 47.68% | 35.15% | 35.61% | 33.02% | 31.89% | 31.43% | 30.94% | 30.68% | 30.36% | 30% |
| Others | 30.03% | 34.37% | 34.68% | 38.24% | 37.78% | 40.37% | 41.5% | 41.96% | 42.45% | 42.71% | 43.03% | 43.39% |
| No. of Shareholders | 43140 | 40271 | 38801 | 41040 | 39725 | 39870 | 39356 | 38653 | 37898 | 37255 | 36692 | 36206 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7.22 | Sell |
| EMA (10) | 7.2 | Sell |
| SMA (20) | 7.19 | Sell |
| EMA (20) | 7.19 | Sell |
| SMA (50) | 7.13 | Sell |
| EMA (50) | 7.13 | Sell |
| SMA (100) | 7.1 | Sell |
| EMA (100) | 7.11 | Sell |
| SMA (200) | 7.17 | Sell |
| EMA (200) | 7.3 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.23 | Neutral |
| MACD (12,26,9) | 0.02 | Sell |
| Stochastic (14,3,3) | 27.66 | Neutral |
| ADX (14) | 21.26 | Neutral |
| Williams %R (14) | -75.79 | Neutral |
| ATR (14) | 0.41 | High Volatility |
| ROC (12) | 0.42 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 35.6 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Notice Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=501a3b5c-1d8f-40f1-80fd-ad5f2e93e233.pdf) |
| 2026-09-02 | [Intimation For The Annual General Meeting (AGM) Book Closure And Fixation Of Cut-Off Date For E-Voting Period Of Remote E-Voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51ca14f9-6b89-4322-900d-ce6c223c2502.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38098d99-c4fb-4f07-b86e-00eccf43ee0e.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 01St September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7392fb0-8470-4265-8343-1a61c4dfea2d.pdf) |
| 2026-09-01 | [Announcement Under Regulation 30](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db8eadf0-51c5-4c48-b810-4328e12a2739.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results For 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3403d65d-3a07-420c-ac44-1d6876caea3c.pdf) |
| 2026-08-14 | [Appointment Of Secretarial Auditor](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6351f5e4-71dd-4dfb-ac2e-943d5c3406b8.pdf) |
| 2026-07-31 | [Board Meeting Intimation for To Consider And Approve The Standalone And Consolidated Un-Audited Financial Results Of The Company Along With Limited Review Report For The First Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b0fe4440-a56b-4661-bcb4-b31a844f0cf1.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d0598b2-2f89-462e-96e2-88664d68786a.pdf) |
| 2026-07-10 | [Reply To Exchange Query](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=463e2452-7f85-463d-bde6-1d6127231b3c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Unaudited Financial Results For 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d56fa380-dbc3-4ae4-a75d-6f7ff99909b5.pdf) |
| 2026-05-27 | [Financial Results For Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2ad9df0-c88e-4377-acc7-7bdada924b49.pdf) |
| 2026-02-10 | [Financials Results For Quarter Ended 31/12/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9a4f0b3-a1ea-4893-b869-603eea58b56c.pdf) |
| 2025-11-14 | [Unaudited Standalone And Consolidated Financial Results For Quarter Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b69bf759-375b-4ddf-a3b6-60c71252c06e.pdf) |
| 2025-08-07 | [Financial Results For The Quarter And Three Month Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66e11807-0c73-4fa6-b1c4-e07030a2f4e5.pdf) |
| 2025-05-30 | [Results: Financial Results For Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e035fb9-0351-4120-a658-5219090c6028.pdf) |
| 2025-02-12 | [Revised Submission Of The Unaudited Standalone And Consolidated Financial Result For The Quarter And Nine Months For The Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c753c048-e393-4615-b0e1-56afe36d6699.pdf) |
| 2025-02-05 | [Submission Of Un-Audited Financial Results (Standalone And Consolidated) For The Third Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ead776b4-24f7-4c8a-91b4-9d828f173ccf.pdf) |
| 2024-11-12 | [Outcome Of 08/2024-2025 Meeting Of The Board Of Directors Held On Today I.E. Tuesday 12Th November, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a52977a1-fb1e-4434-bec4-7993067e53e1.pdf) |
| 2024-08-10 | [Un-Audited Financial Result (Standalone And Consolidated For The June 30 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45b553d1-ac8d-41b5-955d-e07cc84da06d.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 58s - Pursuant to the provisions of regulation 30 of the SEBI (LODR) Regulations 2015, please find enclosed herewith the Press release regarding the expansion of solar … | [Intimation Regarding Expansion Of Solar Power Capacity For Captive Energy Consumption 58s - Pursuant to the provisions of regulation 30 of the SEBI (LODR) Regulations 2015, please find enclosed herewith the Press release regarding the expansion of solar …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/33d2eefe-d3cd-4a11-bf54-7d80fe56ad35.pdf) |
| 5 Feb - Board meeting on 10 Feb 2026 to approve Q3 unaudited results for quarter ended 31 Dec 2025. | [Board Meeting Intimation for Board Meeting To Be Held On 10Th February, 2026 5 Feb - Board meeting on 10 Feb 2026 to approve Q3 unaudited results for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c77a4c51-b857-430f-8e24-21b9872ecc27.pdf) |
| 29 Dec 2025 - Trading window closed from 1 Jan 2026 until 48 hours after Q3 (Dec 31, 2025) results; board date pending. | [Closure of Trading Window 29 Dec 2025 - Trading window closed from 1 Jan 2026 until 48 hours after Q3 (Dec 31, 2025) results; board date pending.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1dc6a3cc-f6e2-4248-83d0-0a9289365485.pdf) |
| 28 Apr - Banas Finance confirms it is not a Large Corporate for FY2026; outstanding borrowings were 0.58 crore. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - Banas Finance confirms it is not a Large Corporate for FY2026; outstanding borrowings were 0.58 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/991e61bc-2774-402d-b004-d8651e45bdf7.pdf) |
| 28 Apr - Banas Finance confirms it is not a Large Corporate for FY2026; outstanding borrowings were 0.58 crore. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - Banas Finance confirms it is not a Large Corporate for FY2026; outstanding borrowings were 0.58 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/991e61bc-2774-402d-b004-d8651e45bdf7.pdf) |
| 27 May - Board approved FY26 audited results and noted CFO Amit Mehta’s resignation effective 31 March 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 27 May - Board approved FY26 audited results and noted CFO Amit Mehta’s resignation effective 31 March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=870e04cd-67da-4f0f-a589-8af55b826d7c.pdf) |
| 18 Dec 2025 - One-to-one digital investor meeting with HEM PMS on Dec 18, 2025, 3:00–4:00 PM. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 18 Dec 2025 - One-to-one digital investor meeting with HEM PMS on Dec 18, 2025, 3:00–4:00 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/efacd218-f099-45da-bf9c-e59d6ace0171.pdf) |
| 17 Mar - CFO Amit Mehta resigns effective close of business hours on March 31, 2026; resignation dated March 16, 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 17 Mar - CFO Amit Mehta resigns effective close of business hours on March 31, 2026; resignation dated March 16, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d2c82fc-78c7-4930-8f87-fc3da5d13007.pdf) |
| 16 Jan - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended on December 31, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Jan - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended on December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c541264a-dab6-4b80-b0f2-cc1c17b227ef.pdf) |
| 14 Feb - MA reported Rs20 crore parked in non-scheduled co-op bank; returned Feb 13, 2026; remaining IPO proceeds utilized. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 Feb - MA reported Rs20 crore parked in non-scheduled co-op bank; returned Feb 13, 2026; remaining IPO proceeds utilized.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0306b07-6ef7-4fe2-ac34-91ece153549e.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b239455-40e4-478b-ad76-03e423602dc2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e900745e-fc0d-40c9-bb8e-2e8e3fdeddce.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f357c27-a95b-4043-b488-03dcce36203d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94a33650-2cb8-43c5-84a2-b5bc13bc1958.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/509053/76552509053.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/509053/72089509053.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/509053/66955509053.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/509053/5090530319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/509053/5090530318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/509053/5090530317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/509053/5090530316.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 2026-09-13T19:16:48.468Z.
