---
title: "Sobhagya Mercantile Ltd (512014) — Share Price, Financials & Analysis"
symbol: "512014"
company: "Sobhagya Mercantile Ltd"
canonical: "https://tapetide.com/stocks/512014"
isin: "INE754D01018"
nse_symbol: "SOBHAGYAMERCANTILELTD"
bse_code: "512014"
sector: "Commercial Services"
industry: "Diversified Services"
market_cap_cr: 1483.93
generated_at: "2026-09-13T19:15:39.213Z"
---

# Sobhagya Mercantile Ltd (512014)

Canonical page: https://tapetide.com/stocks/512014

## Company

- **NSE Symbol:** SOBHAGYAMERCANTILELTD
- **BSE Code:** 512014
- **ISIN:** INE754D01018
- **Sector:** Commercial Services
- **Industry:** Diversified Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sobhagyaltd.com

## About

Incorporated in 1983, Sobhagya Mercantile Ltd is in the business of Engineering Consultancy and Metal (Aggregate) Sales[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:26.773632Z.

- **Market Cap:** ₹1483.93 Cr
- **Classification:** Microcap
- **P/E (reported):** 71.7
- **EPS (TTM):** ₹22.81
- **EPS (reported):** ₹13.79
- **Book Value:** ₹252.84
- **Price to Book:** 5.59
- **Dividend Yield:** 0%
- **ROE:** 19.43%
- **ROCE:** 31.09%
- **Debt to Equity:** 0.11
- **Revenue (yearly):** ₹232.5 Cr
- **Net Income:** ₹22.04 Cr
- **EBITDA:** ₹33.04 Cr
- **52-Week High:** ₹1595
- **52-Week Low:** ₹679
- **RSI (14):** 63.44

## Tapetide Score

- **Score:** 55 / 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: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 70.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 78.8 | 9% |
| growth | 54.21 | 9% |
| momentum | 98.2 | 12% |
| ownership | 53.2 | 24% |
| quality | 57.79 | 22% |
| valuation | 23.42 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Company has delivered good profit growth of 22.8% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -4.04%
- Company has high debtors of 211 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -513.13% | -712.68% | — |
| ebitda margin growth | -48.7% | -11.69% | -6.4% | -28.46% |
| net income growth | -28.07% | 42.19% | 27% | 23% |
| revenue growth | -50.77% | 44.95% | 29% | 41% |
| roce | — | -15.31% | -25.37% | 45.43% |
| roe | — | -20.82% | 24.71% | -65.89% |

## 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 | 23.57 | 27.43 | 32.76 | 26.39 | 27.59 | 45.16 | 56.63 | 52.32 | 51.22 | 47.47 | 81.5 | 41.37 |
| Expenses | 20.45 | 23.44 | 27.01 | 23.03 | 24.88 | 38.89 | 48.37 | 44.53 | 44.3 | 38.42 | 72.59 | 35.43 |
| Operating Profit | 3.12 | 3.99 | 5.75 | 3.36 | 2.71 | 6.27 | 8.26 | 7.79 | 6.92 | 9.05 | 8.91 | 5.94 |
| OPM % | 13.24 | 14.55 | 17.55 | 12.73 | 9.82 | 13.88 | 14.59 | 14.89 | 13.51 | 19.06 | 10.93 | 14.36 |
| Other Income | 0 | 0 | 0 | 0 | 1.52 | 0 | 3.12 | 0 | 0 | 0 | 2.59 | 0 |
| Interest | 0.19 | 0.71 | 0.32 | 0.19 | 0.21 | 0.17 | 0.17 | 0.19 | 0.56 | 0.89 | 0.57 | 0.41 |
| Depreciation | 0.14 | 0.14 | 0.14 | 0.23 | 0.19 | 0.14 | 0.1 | 0.08 | 0.08 | 0.09 | 0.09 | 0.08 |
| Profit before tax | 2.79 | 3.14 | 5.29 | 2.94 | 3.83 | 5.96 | 11.11 | 7.52 | 6.28 | 8.07 | 10.84 | 5.45 |
| Tax % | 25.09 | 31.53 | 25.71 | 25.17 | 44.91 | 38.76 | 31.86 | 25.4 | 25.32 | 24.91 | 47.69 | 25.14 |
| Net Profit | 2.09 | 2.16 | 3.94 | 2.2 | 2.11 | 3.65 | 7.58 | 5.62 | 4.7 | 6.05 | 5.67 | 4.08 |
| EPS in Rs | 2.49 | 2.57 | 4.69 | 2.62 | 2.51 | 4.35 | 9.02 | 6.69 | 5.6 | 7.2 | 5.82 | 4.19 |

### 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 | 0 | 0 | 11 | 42 | 67 | 109 | 115 | 157 | 232 | 222 |
| Expenses | 0 | 0 | 5 | 32 | 58 | 96 | 102 | 135 | 199 | 191 |
| Operating Profit | 0 | 0 | 6 | 10 | 9 | 12 | 13 | 22 | 33 | 31 |
| OPM % | -50 | -100 | 58 | 24 | 14 | 11 | 11 | 14 | 14 | 14 |
| Other Income | 0 | 0 | 0 | 0 | 5 | 3 | 5 | 3 | 3 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 0 | 0 |
| Profit before tax | 0 | 0 | 6 | 9 | 13 | 14 | 16 | 24 | 33 | 31 |
| Tax % | 0 | 0 | 4 | 15 | 16 | 26 | 26 | 35 | 33 | — |
| Net Profit | 0 | 0 | 6 | 8 | 11 | 11 | 12 | 16 | 22 | 20 |
| EPS in Rs | -0.02 | -0.05 | 7.01 | 9.42 | 13.05 | 12.77 | 13.79 | 18.49 | 22.61 | 22.81 |
| 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 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 0.24 | 8 | 10 |
| Reserves | 0 | 0 | 0 | 6 | 14 | 25 | 35 | 47 | 72 | 183 |
| Borrowings | 0 | 0 | 0 | 5 | 7 | 2 | 7 | 14 | 7 | 22 |
| Other Liabilities | 0 | 0 | 0 | 4 | 14 | 25 | 45 | 26 | 86 | 135 |
| Total Liabilities | 0 | 0 | 0 | 15 | 35 | 52 | 88 | 87 | 173 | 350 |
| Fixed Assets | 0 | 0 | 0 | 1 | 2 | 1 | 2 | 2 | 1 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| Investments | 0 | 0 | 0 | 10 | 13 | 5 | 0 | 0 | 0 | 79 |
| Other Assets | 0 | 0 | 0 | 4 | 21 | 46 | 85 | 84 | 170 | 269 |
| Total Assets | 0 | 0 | 0 | 15 | 35 | 52 | 88 | 87 | 173 | 350 |

### 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 | 0 | 0 | 1 | -1 | -14 | -2 | 4 | -17 | 2 |
| Cash from Investing Activity | 0 | 0 | 0 | -6 | 2 | 13 | 3 | -1 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 5 | 1 | 0 | -1 | -2 | 16 | -1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 2 | -2 | 0 | 2 | -2 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | -2 | -15 | -4 | 4 | -17 | 1 |
| CFO/OP | — | 100 | 100 | 14 | -11 | -138 | 12 | 63 | -40 | 22 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 104 | 129 | 62 | 172 | 61 | 249 | 211 |
| Inventory Days | — | — | — | — | 2 | 5 | 9 | 17 | 12 | 13 |
| Days Payable | — | — | — | — | 339 | 285 | 396 | 186 | 449 | 478 |
| Cash Conversion Cycle | 0 | 0 | 0 | 104 | -208 | -218 | -216 | -108 | -188 | -254 |
| Working Capital Days | -1186 | -1369 | -1825 | -163 | 37 | 115 | 129 | 176 | 187 | 196 |
| ROCE % | 0 | -7 | -15 | 109 | 60 | 57 | 44 | 34 | 34 | 23 |

## 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 | 34.51% | 34.51% | 34.51% | 75% | 75% | 75% | 75.02% | 75% | 75% | 75% | 64.62% | 64.62% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13.83% | 13.83% |
| 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 | 65.38% | 65.38% | 65.46% | 23.53% | 23.48% | 22.64% | 22.64% | 22.67% | 22.07% | 22.04% | 18.96% | 18.95% |
| Others | 0.11% | 0.11% | 0.02% | 1.47% | 1.52% | 2.36% | 2.35% | 2.33% | 2.93% | 2.97% | 2.58% | 2.59% |
| No. of Shareholders | 163 | 163 | 170 | 209 | 228 | 699 | 1289 | 1303 | 1632 | 1387 | 1350 | 1353 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 5 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1417.81 | Sell |
| EMA (10) | 1406.42 | Sell |
| SMA (20) | 1336.79 | Buy |
| EMA (20) | 1344.77 | Buy |
| SMA (50) | 1132.83 | Buy |
| EMA (50) | 1193.98 | Buy |
| SMA (100) | 1012.25 | Buy |
| EMA (100) | 1069.98 | Buy |
| SMA (200) | 921.22 | Buy |
| EMA (200) | 941 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 59.67 | Neutral |
| MACD (12,26,9) | 87.39 | Sell |
| Stochastic (14,3,3) | 47.4 | Neutral |
| ADX (14) | 33.07 | Buy |
| Williams %R (14) | -61.9 | Neutral |
| ATR (14) | 69.74 | High Volatility |
| ROC (12) | 8.67 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 51.21 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement Under Regulation 30(LODR)-Updates(Letter Containing Weblink Sent To Shareholders)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99c4ee9f-a437-4921-b312-f849e5ee7a62.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ccb039a-5b2d-403f-86a0-2a808618b9ca.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6beef93f-bcfc-4331-ae1d-74e23d485c6c.pdf) |
| 2026-09-05 | [Shareholder Meeting/Postal Ballot -AGM On September 29 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0624a354-5f9e-4834-b12c-45b91c770474.pdf) |
| 2026-09-02 | [Board Meeting Outcome for Intimation Of Appointment Of Cost Auditor Pursuant To Regulation 30 Read With Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6038a645-3a52-4049-948b-8eb487c99fd8.pdf) |
| 2026-09-02 | [Intimation Of Appointment Of Cost Auditor Pursuant To Regulation 30 Read With Schedule III Of The SEBI ( LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cef1700e-2ad4-4e93-a704-6f33ee6564d1.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fb1754a7-369a-4400-880a-a5b475597779.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 And Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5074555c-494a-4403-afad-c04a3dd42164.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1268f976-2d6b-470d-8dae-3bfeae81abaa.pdf) |
| 2026-08-14 | [Announcement Under Regulation 30(LODR)-Updates(Intimation Of The 42Nd Annual General Meeting Of The Company)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9146f5f3-11e8-448e-a35c-ab24824b4299.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Results-Financial Results For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca3e4d2e-d0f3-4585-93a6-c3c3a09173c9.pdf) |
| 2026-05-29 | [Results-Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2dbe559-56e8-40e2-b74f-d8f1732c4836.pdf) |
| 2026-02-13 | [Results-Financial Results For December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b99d3c4f-e854-49f2-9c1b-5e23f8d01b36.pdf) |
| 2025-11-14 | [Results-Financial Results For September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7f8cf6b-e22e-4d98-aba0-150f1c607f80.pdf) |
| 2025-08-14 | [Results-Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f25042d8-7d3d-489f-abeb-283e5bce58fd.pdf) |
| 2025-05-16 | [Results-Financial Results For March 312025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=acab940d-951d-4c44-917b-2ec6ce2c648e.pdf) |
| 2025-02-14 | [Results-Financial Results For December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2cabca2e-71c0-4525-a778-48a4e163ce64.pdf) |
| 2024-11-13 | [Results-Financial Results For September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee253027-c3ab-4c8d-9f1e-d0fe9d93a5e5.pdf) |
| 2024-08-14 | [Results-Financial Results For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e77ebce3-d00e-4fdb-93c9-85663136b79d.pdf) |
| 2024-05-27 | [Results- Financial Results For 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f54fb584-a44f-4768-902d-f76622fe3525.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Board approved preferential issue of 13,01,000 warrants at Rs.674.49 each (₹87.75 crore); EGM 20 Apr 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) (LODR) Regulations, 2015 9h - Board approved preferential issue of 13,01,000 warrants at Rs.674.49 each (₹87.75 crore); EGM 20 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bb1f32fe-d274-44bc-878d-9a0f7c18fa9d.pdf) |
| 9h - Board approved 13,01,000 preferential convertible warrants at Rs.674.49 each (~Rs87.75 crore); EGM on 20 Apr 2026. | [Announcement under Regulation 30 (LODR)-Preferential Issue 9h - Board approved 13,01,000 preferential convertible warrants at Rs.674.49 each (~Rs87.75 crore); EGM on 20 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f1512d25-2f01-4fc4-b4f4-e38def5c8c43.pdf) |
| 9 Apr - Confirmation Certificate under Regulation 74(5) of SEBI(DP)Regulations, 2018 for the quarter ended 31st March, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Confirmation Certificate under Regulation 74(5) of SEBI(DP)Regulations, 2018 for the quarter ended 31st March, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ff0e674-0db3-4d50-b9e2-a798a3f0290d.pdf) |
| 6 Feb - Board meeting 13-Feb to approve unaudited Q3/9M results ended 31-Dec-2025; trading window closed till 15-Feb. | [Board Meeting Intimation for Approval Of The Unaudited Standalone Financial Results Along With Limited Review Report Thereon For The Quarter And Nine Months Ended 31St December, 2025 6 Feb - Board meeting 13-Feb to approve unaudited Q3/9M results ended 31-Dec-2025; trading window closed till 15-Feb.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74598851-9605-4ca4-8887-946f5ef5acda.pdf) |
| 5 May - Vadakhol Asoli Mining Private Limited incorporated on 25 April 2026 as 60% subsidiary for composite mining. | [Announcement Under Regulation 30(LODR)-Incorporation Of Subsidiary Company 5 May - Vadakhol Asoli Mining Private Limited incorporated on 25 April 2026 as 60% subsidiary for composite mining.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/390c8272-5c5c-4b18-94ed-36cde6a77e80.pdf) |
| 5 Feb - Unaudited quarterly results for 31-Dec-2025: revenue Rs1,628.17 lakh; PAT loss Rs1.78 lakh. | [Board Meeting Outcome for For Approval Of Unaudited Financial Results 5 Feb - Unaudited quarterly results for 31-Dec-2025: revenue Rs1,628.17 lakh; PAT loss Rs1.78 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/952bd91d-efa6-4e1f-8183-75a24e933bd0.pdf) |
| 5 Feb - Unaudited Q3 results ended 31-Dec-2025: Revenue Rs1615.16L, PAT loss Rs1.78L. | [Results-Financial Results For December 31, 2025 5 Feb - Unaudited Q3 results ended 31-Dec-2025: Revenue Rs1615.16L, PAT loss Rs1.78L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d127696-ad4c-4348-bf03-4ebf416fc7eb.pdf) |
| 30 Apr - Company confirms it is not a Large Corporate as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it is not a Large Corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f13ff06e-9aad-47a0-82a3-f8a16cd28f2f.pdf) |
| 30 Apr - Company confirms it is not a Large Corporate as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it is not a Large Corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f13ff06e-9aad-47a0-82a3-f8a16cd28f2f.pdf) |
| 28 Jan - Board meeting Feb 5, 2026 to approve unaudited Q3 results for quarter ended Dec 31, 2025. | [Board Meeting Intimation for Consideration And Approval Of Unaudited Quarterly Financial Results For Quarter Ended 31St December, 2025 28 Jan - Board meeting Feb 5, 2026 to approve unaudited Q3 results for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6fc23d06-e8cc-4e47-be1e-0111356d27b2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c146f46-4ca5-412e-af34-4ef9d87e7dd1.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41652948-9a39-4968-86d4-a7efe706829c.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3e1dccdd-8a21-4108-b0d3-6ea5a6944135.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e037d70c-85d3-4ca9-ba4b-405502223e98.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/378db57e-eb98-43c4-a399-f9027e6aad0a.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba690b78-088c-4715-a37e-82239897a8d9.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/521141/74137521141.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512014/76289512014.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/521141/68999521141.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/512014/71627512014.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 2026-09-13T19:15:39.213Z.