---
title: "Nidhi Granites Ltd (512103) — Share Price, Financials & Analysis"
symbol: "512103"
company: "Nidhi Granites Ltd"
canonical: "https://tapetide.com/stocks/512103"
isin: "INE276H01013"
nse_symbol: "NIDHIGRANITESLTD"
bse_code: "512103"
sector: "Construction"
industry: "Construction Materials"
market_cap_cr: 204.08
generated_at: "2026-09-13T19:15:55.447Z"
---

# Nidhi Granites Ltd (512103)

Canonical page: https://tapetide.com/stocks/512103

## Company

- **NSE Symbol:** NIDHIGRANITESLTD
- **BSE Code:** 512103
- **ISIN:** INE276H01013
- **Sector:** Construction
- **Industry:** Construction Materials
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** nidhigranites.com

## About

Incorporated in 1981, Nidhi Granites Ltd is a  manufacturer of granite and marble slabs,  
tiles, and sandstone and limestone products.

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:37:41.423626Z.

- **Market Cap:** ₹204.08 Cr
- **Classification:** Microcap
- **P/E (reported):** 25.8
- **EPS (TTM):** ₹10.41
- **EPS (reported):** ₹1.69
- **Book Value:** ₹28.18
- **Price to Book:** 9.53
- **Dividend Yield:** 0%
- **ROE:** 34.06%
- **ROCE:** 46.62%
- **Debt to Equity:** 0.12
- **Revenue (yearly):** ₹65.5 Cr
- **Net Income:** ₹7.7 Cr
- **EBITDA:** ₹12.6 Cr
- **52-Week High:** ₹480.75
- **52-Week Low:** ₹181.45
- **RSI (14):** 43.17

## Tapetide Score

- **Score:** 46 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 31.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 87.63 | 9% |
| growth | 48.63 | 9% |
| momentum | 1.1 | 12% |
| ownership | 50 | 24% |
| quality | 64.56 | 22% |
| valuation | 30.39 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 156% CAGR over last 5 years
- Company's working capital requirements have reduced from 72.5 days to 58.0 days

### Weaknesses

- Stock is trading at 9.06 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last 3 years: -3.50%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 286.67% | 622.52% | — |
| ebitda margin growth | 21.62% | 158.58% | 253.94% | 247.57% |
| net income growth | 52.63% | 305.26% | 159% | 156% |
| revenue growth | -4.19% | 38.48% | 37% | 237% |
| roce | 26.71% | 146.02% | 370.91% | 19.25% |
| roe | 49.48% | 164.03% | 17.41% | 434.69% |

## 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 | 8.68 | 10.66 | 11.38 | 9.28 | 12.1 | 13.41 | 10.48 | 19.81 | 13.18 | 15.55 | 16.66 | 15.84 |
| Expenses | 8.39 | 9.88 | 11.19 | 8.54 | 11.66 | 12.51 | 11.07 | 16.58 | 11.06 | 12.15 | 13.05 | 11.52 |
| Operating Profit | 0.29 | 0.78 | 0.19 | 0.74 | 0.44 | 0.9 | -0.59 | 3.23 | 2.12 | 3.4 | 3.61 | 4.32 |
| OPM % | 3.34 | 7.32 | 1.67 | 7.97 | 3.64 | 6.71 | -5.63 | 16.3 | 16.08 | 21.86 | 21.67 | 27.27 |
| Other Income | 0.14 | 0.1 | 0.26 | 0.51 | 1.14 | 0.51 | -0.11 | 0.07 | 0.07 | 0.07 | 0.07 | 0.2 |
| Interest | 0.17 | 0.09 | 0.1 | 0.11 | 0.11 | 0.08 | 0.07 | 0.05 | 0.05 | 0.07 | 0.14 | 0.04 |
| Depreciation | 0.18 | 0.19 | 0.19 | 0.17 | 0.17 | 0.16 | 0.13 | 0.2 | 0.3 | 0.46 | 0.61 | 0.63 |
| Profit before tax | 0.08 | 0.6 | 0.16 | 0.97 | 1.3 | 1.17 | -0.9 | 3.05 | 1.84 | 2.94 | 2.93 | 3.85 |
| Tax % | 25 | 25 | 43.75 | 21.65 | 15.38 | 19.66 | -3.33 | 26.56 | 29.35 | 25.17 | 33.79 | 24.94 |
| Net Profit | 0.06 | 0.45 | 0.09 | 0.75 | 1.1 | 0.94 | -0.88 | 2.24 | 1.29 | 2.21 | 1.94 | 2.9 |
| EPS in Rs | 0.08 | 0.56 | 0.11 | 0.94 | 1.38 | 1.18 | -1.1 | 2.8 | 1.61 | 2.76 | 2.42 | 3.62 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.15 | 15.91 | 25.64 | 39.09 | 47.29 | 65.47 | 61.23 |
| Expenses | 0.13 | 15.05 | 24.38 | 36.95 | 43.76 | 52.85 | 47.78 |
| Operating Profit | 0.02 | 0.86 | 1.26 | 2.14 | 3.53 | 12.62 | 13.45 |
| OPM % | 13.33 | 5.41 | 4.91 | 5.47 | 7.46 | 19.28 | 21.97 |
| Other Income | 0 | 0.03 | 0.03 | -0.01 | 0 | 0.01 | 0.41 |
| Interest | 0 | 0.11 | 0.21 | 0.45 | 0.37 | 0.31 | 0.3 |
| Depreciation | 0 | 0.27 | 0.45 | 0.72 | 0.63 | 1.57 | 2 |
| Profit before tax | 0.02 | 0.51 | 0.63 | 0.96 | 2.53 | 10.75 | 11.56 |
| Tax % | -250 | 39.22 | 31.75 | 28.12 | 24.11 | 28.56 | — |
| Net Profit | 0.07 | 0.3 | 0.44 | 0.68 | 1.92 | 7.68 | 8.34 |
| EPS in Rs | 0.47 | 2 | 0.83 | 0.85 | 2.4 | 9.6 | 10.41 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.75 | 0.75 | 2.65 | 4 | 8 | 8 |
| Reserves | 1.37 | 4.04 | 6.7 | 8.96 | 6.88 | 14.54 |
| Borrowings | 0 | 0.97 | 3.29 | 4.47 | 3.17 | 2.77 |
| Other Liabilities | 0.01 | 2.46 | 3.98 | 4.32 | 3.93 | 7.32 |
| Total Liabilities | 2.13 | 8.22 | 16.62 | 21.75 | 21.98 | 32.63 |
| Fixed Assets | 0 | 0.91 | 2.15 | 3.35 | 5.04 | 9.73 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0.53 |
| Investments | 0 | 0.26 | 0.51 | 0.76 | 2.15 | 0.61 |
| Other Assets | 2.13 | 7.05 | 13.96 | 17.64 | 14.79 | 21.76 |
| Total Assets | 2.13 | 8.22 | 16.62 | 21.75 | 21.98 | 32.63 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.16 | 0.19 | -2.12 | -1.11 | 1.5 | 5.8 |
| Cash from Investing Activity | 2.22 | -3.26 | -0.62 | -3.22 | -0.39 | -3 |
| Cash from Financing Activity | 0 | 2.3 | 5.27 | 3.15 | -0.91 | -1.94 |
| Net Cash Flow | 2.07 | -0.77 | 2.53 | -1.19 | 0.2 | 0.87 |
| Free Cash Flow | -0.16 | -0.31 | -2.84 | -2.55 | -1.47 | 0.8 |
| CFO/OP | -800 | 45 | -151 | -36 | 55 | 63 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 100.25 | 72.6 | 66.76 | 36.35 | 51.01 |
| Inventory Days | — | 25.35 | 36.54 | 28.34 | 49.53 | 50.78 |
| Days Payable | — | 48.79 | 62.25 | 41.16 | 27.91 | 37.55 |
| Cash Conversion Cycle | 0 | 76.81 | 46.88 | 53.95 | 57.98 | 64.23 |
| Working Capital Days | 0 | 72.27 | 84.56 | 97.58 | 61.98 | 57.98 |
| ROCE % | — | 15.74 | 9.13 | 9.44 | 16.57 | 51.01 |

## 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 | 66.75% | 66.75% | 66.75% | 66.75% | 66.75% | 66.75% | 66.75% | 66.75% | 66.75% | 66.75% | 66.75% | 66.75% |
| 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% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 32.72% | 32.7% | 32.7% | 31.33% | 31.29% | 31.31% | 31.43% | 30.35% | 30.09% | 30.18% | 30.15% | 30.15% |
| Others | 0.53% | 0.55% | 0.54% | 1.92% | 1.95% | 1.93% | 1.82% | 2.9% | 3.15% | 3.07% | 3.09% | 3.1% |
| No. of Shareholders | 719 | 711 | 792 | 980 | 1038 | 1110 | 1176 | 1172 | 1135 | 1145 | 1144 | 1162 |

## 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) | 273.11 | Sell |
| EMA (10) | 269.74 | Sell |
| SMA (20) | 277.47 | Sell |
| EMA (20) | 278.66 | Sell |
| SMA (50) | 307.62 | Sell |
| EMA (50) | 392.94 | Sell |
| SMA (100) | 677.1 | Sell |
| EMA (100) | 875.28 | Sell |
| SMA (200) | 2411.13 | Sell |
| EMA (200) | 1442.3 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.59 | Neutral |
| MACD (12,26,9) | -15.18 | Buy |
| Stochastic (14,3,3) | 28.61 | Neutral |
| ADX (14) | 18.63 | Neutral |
| Williams %R (14) | -83.36 | Buy |
| ATR (14) | 21.2 | High Volatility |
| ROC (12) | -5.04 | Sell |
| Stoch RSI (14) | 38.51 | Neutral |
| UO (7,14,28) | 38.83 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df1982fb-ed0d-4a5a-96c3-7028ee5f6263.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 13Th August 2026 In Accordance With SEBI (Listing And Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd41a972-87f9-4e8f-a8c2-501466b60c57.pdf) |
| 2026-08-07 | [Board Meeting Intimation for Notice Of Board Meeting For Approving The Un-Audited Financial Results For Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eea599ce-28cc-4466-8122-6fee175dcac8.pdf) |
| 2026-07-24 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=609a2bf8-fdd7-4c00-8ad4-95882a81f5b4.pdf) |
| 2026-07-22 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8f2902a-0ab6-4018-abf7-15555c91a0c3.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1abf3998-cadd-4f8f-ae7b-e18d981ed597.pdf) |
| 2026-07-03 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5fb5fb27-57e0-48a7-8437-3755dc87edd0.pdf) |
| 2026-06-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=352f35bf-fe8c-4c5b-b85d-853f326af5c4.pdf) |
| 2026-06-26 | [Submission Of Data Required To Determine Large Corporate Status For FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1023dd2e-66b7-4a7f-bce9-3f77e7a3c2b1.pdf) |
| 2026-06-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66673b83-bab2-4cc6-b3dd-bc969f63fb9c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfaa7b7a-f3cd-4705-a7ed-c9d50b6a08fc.pdf) |
| 2026-05-29 | [Results-Financial Results For The Quarter Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66ca7e60-f4ea-4a5c-ba27-9e1e4361791b.pdf) |
| 2026-02-13 | [Un-Audited Financial Results For The Quarter Ended On 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41e5ba07-f2a7-4ba3-a423-51659935e52d.pdf) |
| 2025-11-14 | [Results- Financial Results For Quarter And Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fec8d29b-efab-4ee2-a80f-2fd797877301.pdf) |
| 2025-08-13 | [Unaudited Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0693f9c7-5916-4104-ac3a-bafba85f7292.pdf) |
| 2025-05-29 | [Results For The Fourth Quarter And Financial Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83661b18-169a-45f8-9c83-a345e24f0e22.pdf) |
| 2025-02-11 | [Results For The Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9dae7ba2-0848-4ca9-bf44-323fae6a0a75.pdf) |
| 2024-11-14 | [Results Financials Results For The Half Year Ended And Quarter Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f34796a0-2e95-4009-8d13-d7b8387b5f8d.pdf) |
| 2024-08-12 | [Results-Financial Results For Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1fb579f4-3b97-4160-9414-244509342993.pdf) |
| 2024-05-28 | [Results-Financial Results For The Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3bfd1ea-e60a-40bb-80f0-05dff8420ee9.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 3 Apr - Certificate under Reg 74(5) of SEBI (DP) regulations for the quarter ended 31st March 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 3 Apr - Certificate under Reg 74(5) of SEBI (DP) regulations for the quarter ended 31st March 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b693eebe-3ade-4c94-8263-89eb731a40ab.pdf) |
| 17 Apr - Company clarified no undisclosed information affecting recent price or volume movement. | [Announcement Under Reg 30- Clarification On Price Movement 17 Apr - Company clarified no undisclosed information affecting recent price or volume movement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee2ec67e-36cb-4e12-b83f-1a435bf9f23e.pdf) |
| 16 Mar - SPNP sold 100% stake in Fine Papyrus to NGL Corporation for ₹3,24,62,100; SPA dated 16 Mar 2026. | [Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Sale Of Step-Down Subsidiary, Fine Papyrus Private Limited 16 Mar - SPNP sold 100% stake in Fine Papyrus to NGL Corporation for ₹3,24,62,100; SPA dated 16 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20b98c8e-936e-414a-b8b4-2b223dffc054.pdf) |
| 14 Feb - Publication of results for quarter ended 31st December 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Publication of results for quarter ended 31st December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6127bc33-a6f2-485b-ae52-510307b78502.pdf) |
| 13 Feb - Unaudited Q3 results; Darpan Shah re-appointed MD for five years from 13 Feb 2026; office shifting 1 Apr 2026. | [Board Meeting Outcome for Un-Audited Financial Results For The Quarter Ended On 31St December 2025 13 Feb - Unaudited Q3 results; Darpan Shah re-appointed MD for five years from 13 Feb 2026; office shifting 1 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7bb00a26-9fee-45d3-9e3a-d0571e6d0116.pdf) |
| 13 Feb - Approved Q3 results (31-Dec-2025); MD Darpan Shah re-appointed five-year term from 13-Feb-2026; registered office shifting 01-Apr-2026. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 13 Feb - Approved Q3 results (31-Dec-2025); MD Darpan Shah re-appointed five-year term from 13-Feb-2026; registered office shifting 01-Apr-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a54e667b-f2e7-4c66-ac6f-7961b2cb6e82.pdf) |
| 13 Feb - Approved Q3 FY26 consolidated revenue Rs1,555.07 lakh; PAT Rs220.61 lakh; MD re-appointed 5-year; office shift 1 Apr 2026. | [Un-Audited Financial Results For The Quarter Ended On 31St December 2025 13 Feb - Approved Q3 FY26 consolidated revenue Rs1,555.07 lakh; PAT Rs220.61 lakh; MD re-appointed 5-year; office shift 1 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41e5ba07-f2a7-4ba3-a423-51659935e52d.pdf) |
| 13 Feb - Approved Q3 2025-26 unaudited results; Darpan Shah re-appointed MD five years from 13 Feb 2026; office shifts 1 Apr 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 13 Feb - Approved Q3 2025-26 unaudited results; Darpan Shah re-appointed MD five years from 13 Feb 2026; office shifts 1 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08094740-428d-47af-98cb-5a6b0965db83.pdf) |
| 10 Apr - Registered office changed to Malad West, Mumbai, effective 1 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 10 Apr - Registered office changed to Malad West, Mumbai, effective 1 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5d87a58d-7ded-4721-870d-f71e71ab0f69.pdf) |
| — | [Closure of Trading Window 27 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c580c2a5-554f-499a-ba5b-091ff5f9d078.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_2627_AFTEK_2011_2012_22102013160032.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_AFTEK_2010_2011_16122011102526.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_AFTEK_2009_2010_17092010120000.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0d9cf83-1606-4a5f-a9bb-2de33da51d2a.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56b9f1b8-aeed-4217-8be8-a6aa47e97a4b.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/443d7412-caff-4fe6-8ef7-7371506e0e4c.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/085303fa-165e-4431-88a8-b8723140ae3b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512103/74889512103_16_09_22.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/512103/70882512103.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/512103/65964512103.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 2026-09-13T19:15:55.447Z.