---
title: "Avance Technologies Ltd (512149) — Share Price, Financials & Analysis"
symbol: "512149"
company: "Avance Technologies Ltd"
canonical: "https://tapetide.com/stocks/512149"
isin: "INE758A01072"
nse_symbol: "AVANCE"
bse_code: "512149"
sector: "Information Technology"
industry: "Software Products"
market_cap_cr: 162.52
generated_at: "2026-09-13T19:58:10.995Z"
---

# Avance Technologies Ltd (512149)

Canonical page: https://tapetide.com/stocks/512149

## Company

- **NSE Symbol:** AVANCE
- **BSE Code:** 512149
- **ISIN:** INE758A01072
- **Sector:** Information Technology
- **Industry:** Software Products
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-17
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** avance.in

## About

Incorporated in 1985, Avance Technologies 
Ltd operates in software related products[1]

## Latest Price

- **Price:** ₹0.81
- **Change:** -0.01 (-1.22%)
- **Open:** ₹0.83
- **Day High:** ₹0.83
- **Day Low:** ₹0.81
- **Previous Close:** ₹0.82
- **Volume:** 3112294
- **As Of:** 2026-09-11T09:59:08+00:00

## Key Fundamentals

Observed at 2026-09-11T04:35:09.775039Z.

- **Market Cap:** ₹162.52 Cr
- **Classification:** Microcap
- **P/E (reported):** 11.7
- **P/E (TTM):** 11.57
- **EPS (TTM):** ₹0.07
- **Book Value:** ₹1.99
- **Price to Book:** 0.41
- **Dividend Yield:** 0%
- **ROE:** 1.39%
- **ROCE:** 1.93%
- **Debt to Equity:** 0.42
- **Revenue (yearly):** ₹159.26 Cr
- **Net Income:** ₹13.23 Cr
- **EBITDA:** ₹-0.51 Cr
- **52-Week High:** ₹0.94
- **52-Week Low:** ₹0.75
- **RSI (14):** 21.97

## Tapetide Score

- **Score:** 41 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 17.1 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 43.26 | 9% |
| growth | 49.13 | 9% |
| momentum | 26.81 | 12% |
| ownership | 50 | 24% |
| quality | 26.18 | 22% |
| valuation | 46.84 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.41 times its book value
- Company is expected to give good quarter

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 0.68%
- Tax rate seems low
- Company has a low return on equity of 2.05% over last 3 years.
- Earnings include an other income of Rs.13.8 Cr.
- Debtor days have increased from 50.0 to 96.6 days.
- Working capital days have increased from -46.3 days to 180 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -321.67% | — | — |
| ebitda margin growth | -75.96% | -106.86% | -108.45% | -138.67% |
| net income growth | -75.96% | 149.62% | 218% | — |
| revenue growth | 47.02% | -8.47% | 73% | 40.3% |
| roce | -76.36% | 44.03% | — | 0.71% |
| roe | -76.18% | 6.92% | 0.93% | — |

## 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 | 16.97 | 19.02 | 105.75 | 46.86 | 44.21 | 32.38 | 48.31 | 37.42 | 41.4 | 49.5 | 30.94 | 60.65 |
| Expenses | 16.28 | 17.1 | 106.04 | 44.67 | 41.48 | 30.81 | 50.16 | 36.75 | 43.13 | 48.38 | 31.48 | 59.12 |
| Operating Profit | 0.69 | 1.92 | -0.29 | 2.19 | 2.73 | 1.57 | -1.85 | 0.67 | -1.73 | 1.12 | -0.54 | 1.53 |
| OPM % | 4.07 | 10.09 | -0.27 | 4.67 | 6.18 | 4.85 | -3.83 | 1.79 | -4.18 | 2.26 | -1.75 | 2.52 |
| Other Income | 0 | 0 | 2.53 | 0 | 0 | 0.19 | 2.01 | 0.95 | 0.97 | 0.94 | 10.98 | 0.94 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.01 | 0 | 0.01 | 0.04 | 0.07 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | -0.01 | 0 |
| Profit before tax | 0.69 | 1.92 | 2.24 | 2.19 | 2.73 | 1.74 | 0.15 | 1.62 | -0.78 | 2.01 | 10.38 | 2.47 |
| Tax % | 0 | 0 | 4.46 | 0 | 0 | 0 | 1006.67 | 0 | 0 | 0 | 0.1 | 0 |
| Net Profit | 0.69 | 1.92 | 2.15 | 2.19 | 2.73 | 1.74 | -1.36 | 1.62 | -0.77 | 2.01 | 10.37 | 2.47 |
| EPS in Rs | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.01 | 0.01 | 0 | 0.01 | 0.05 | 0.01 |

### Profit & Loss

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 102 | 90 | 29 | 31 | 144 | 172 | 159 | 182 |
| Expenses | 102 | 90 | 29 | 30 | 142 | 167 | 160 | 182 |
| Operating Profit | 0 | 0 | 0 | 0 | 2 | 5 | -1 | 0 |
| OPM % | 0 | 0.2 | 0.7 | 1.6 | 1.7 | 3 | -0.3 | 0.2 |
| Other Income | -1 | 0 | 0 | 0 | 3 | 2 | 14 | 14 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | 0 | 0 | 0 | 5 | 7 | 13 | 14 |
| Tax % | 0 | 0 | 29 | 20 | 3 | 28 | 0 | — |
| Net Profit | -1 | 0 | 0 | 0 | 5 | 5 | 13 | 14 |
| EPS in Rs | -0.01 | 0 | 0 | 0 | 0.02 | 0.03 | 0.07 | 0.07 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 198 | 198 | 198 | 198 | 198 | 198 | 198 |
| Reserves | 188 | 188 | 189 | 173 | 178 | 183 | 196 |
| Borrowings | 0 | 0 | 150 | 0 | 0 | 56 | 164 |
| Other Liabilities | 58 | 62 | 62 | 63 | 113 | 63 | 91 |
| Total Liabilities | 444 | 448 | 598 | 435 | 489 | 500 | 649 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 224 | 222 | 223 | 276 | 250 | 235 | 191 |
| Other Assets | 220 | 226 | 376 | 159 | 239 | 265 | 458 |
| Total Assets | 444 | 448 | 598 | 435 | 489 | 500 | 649 |

### Cash Flow

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 28 | -1 | 0 | 6 | 30 | -68 | -137 |
| Cash from Investing Activity | -28 | 2 | -150 | 7 | 26 | 18 | 57 |
| Cash from Financing Activity | 0 | 0 | 150 | -14 | -42 | 56 | 108 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 15 | 6 | 28 |
| Free Cash Flow | 26 | -1 | 0 | 6 | 30 | -68 | -137 |
| CFO/OP | -69125 | -670 | 53 | 1278 | 1226 | -1300 | 26383 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 34 | 28 | 138 | 14 | 31 | 23 | 97 |
| Inventory Days | 71 | 86 | 257 | 81 | 50 | 78 | 208 |
| Days Payable | 207 | 245 | 777 | 771 | 290 | 136 | 102 |
| Cash Conversion Cycle | -101 | -132 | -382 | -677 | -209 | -35 | 203 |
| Working Capital Days | -101 | -136 | -377 | -664 | -205 | -114 | 180 |
| ROCE % | — | 0 | 0 | — | 1 | 2 | 3 |

## 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 | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% | 0.68% |
| 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 | 59.35% | 58.61% | 62.53% | 75.34% | 83.94% | 84.75% | 84.72% | 83.54% | 88.56% | 91.53% | 93.05% | 93.05% |
| Others | 39.96% | 40.71% | 36.79% | 23.97% | 15.38% | 14.57% | 14.6% | 15.77% | 10.75% | 7.79% | 6.27% | 6.26% |
| No. of Shareholders | 36418 | 49912 | 75261 | 157589 | 270359 | 372843 | 389916 | 383464 | 406061 | 403074 | 395173 | 384664 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 1 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.83 | Sell |
| EMA (10) | 0.83 | Sell |
| SMA (20) | 0.86 | Sell |
| EMA (20) | 0.85 | Sell |
| SMA (50) | 0.89 | Sell |
| EMA (50) | 0.89 | Sell |
| SMA (100) | 0.94 | Sell |
| EMA (100) | 0.96 | Sell |
| SMA (200) | 1.1 | Sell |
| EMA (200) | 1.04 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 29.42 | Buy |
| MACD (12,26,9) | -0.02 | Sell |
| Stochastic (14,3,3) | 13.89 | Buy |
| ADX (14) | 30.83 | Buy |
| Williams %R (14) | -91.67 | Buy |
| ATR (14) | 0.03 | High Volatility |
| ROC (12) | -8.99 | Sell |
| Stoch RSI (14) | 18.07 | Buy |
| UO (7,14,28) | 20.45 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Rishi Sekhri & Associates resigned as statutory auditor effective 24 April 2026 due to medical conditions. | [Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors 9h - Rishi Sekhri & Associates resigned as statutory auditor effective 24 April 2026 due to medical conditions.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4d4efb83-aedd-4425-bea7-f09d77226e1d.pdf) |
| 5 Feb - Board meeting on 13 Feb 2026 to approve unaudited Q3/9M results; trading window reopens 48 hours after. | [Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results 5 Feb - Board meeting on 13 Feb 2026 to approve unaudited Q3/9M results; trading window reopens 48 hours after.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b776fe5-9dda-4c86-b7d5-fce9b9515f5d.pdf) |
| 4 Feb - Registered office shifted from B-404 Technocity, Mahape to 404 Corporate Annexe, Goregaon (East), Mumbai; effective 04 Feb 2026. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 4 Feb - Registered office shifted from B-404 Technocity, Mahape to 404 Corporate Annexe, Goregaon (East), Mumbai; effective 04 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b60fc448-a3de-4c0a-8a58-6adbff8ae968.pdf) |
| 30 Jan - Q3/9M FY26 unaudited results: Q3 loss Rs59.37L; 9M loss Rs67.33L; auditor qualified over Rs226.82L loans; new independent director appointed. | [Board Meeting Outcome for Outcome Of Board Meeting 30 Jan - Q3/9M FY26 unaudited results: Q3 loss Rs59.37L; 9M loss Rs67.33L; auditor qualified over Rs226.82L loans; new independent director appointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b956367-ae2a-4f41-9688-21234dad6652.pdf) |
| 30 Jan - Board approved Q3/9M results to 31-Dec-2025: net loss Rs67.33L YTD; appointed Anil Purkar; auditor qualified over Rs226.82L advances and labour-code uncertainty. | [Outcome Of Board Meeting 30 Jan - Board approved Q3/9M results to 31-Dec-2025: net loss Rs67.33L YTD; appointed Anil Purkar; auditor qualified over Rs226.82L advances and labour-code uncertainty.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b7ca3c1-034f-409d-a76b-7df3fd65a3ea.pdf) |
| 30 Apr - Avance Technologies says large corporate disclosure norms are not applicable 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 - Avance Technologies says large corporate disclosure norms are not applicable as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ad0eefc-4a91-489a-893d-72a03b0fe04d.pdf) |
| 30 Apr - Avance Technologies says large corporate disclosure norms are not applicable 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 - Avance Technologies says large corporate disclosure norms are not applicable as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4ad0eefc-4a91-489a-893d-72a03b0fe04d.pdf) |
| 24 Apr - Rishi Sekhri & Associates resigned as statutory auditor effective 24 April 2026 due to medical conditions. | [Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors 24 Apr - Rishi Sekhri & Associates resigned as statutory auditor effective 24 April 2026 due to medical conditions.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d4efb83-aedd-4425-bea7-f09d77226e1d.pdf) |
| 23 Jan - Board meeting 30 Jan 2026 to approve unaudited results for quarter and nine months ended 31 Dec 2025. | [Board Meeting Intimation for Approval Of Financial Results As On 31St December 2025 23 Jan - Board meeting 30 Jan 2026 to approve unaudited results for quarter and nine months ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3c64c8f-9179-4c66-b389-fed94d32ec96.pdf) |
| 16 Feb - Copy of Newspaper Clippings published on 16th February 2026 for the Un-audited Financial Results as on 31st December 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Copy of Newspaper Clippings published on 16th February 2026 for the Un-audited Financial Results as on 31st December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df9568cc-7311-4251-9d27-fbf4b791a309.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=364d9476-02b1-4ea0-a18d-5595a89d2e3c.pdf) |
| 2026-09-07 | [Notice Of 42Nd Annual General Meeting (AGM) For The FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fc9bfc4-95e1-463e-b1ff-e6375012b355.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26c79119-ca89-4166-a112-a75259d47883.pdf) |
| 2026-09-02 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On Wednesday 02Nd September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49d06e1f-b3d3-4140-8565-be122111fb07.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be6c053e-13ea-4ccc-a1b4-b48e6628b3f2.pdf) |
| 2026-08-18 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d908279d-f307-4e5d-af5e-28cd42f577a4.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3a6ae4a-fb3c-4ecb-a7e2-11dbcb83ddc5.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Declaration Of Un-Audited Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca84f543-92de-4a0d-9988-d3e29f92da0c.pdf) |
| 2026-08-04 | [Board Meeting Intimation for Declaration Of Unaudited Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0010c30-521e-4cec-939d-b83f9ec6de5c.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f7275e16-49a6-4519-bc09-70114fffb320.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Declaration Of Un-Audited Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed93edda-e283-4e40-86e3-a45db88fb54f.pdf) |
| 2026-05-29 | [Audited Financial Results As On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a2435754-28de-489e-973f-ed1cc6351c77.pdf) |
| 2026-02-13 | [Un-Audited Financial Results As On 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed876669-770d-4371-9aa0-ae6f2b0f5671.pdf) |
| 2025-11-12 | [Un-Audited Financial Results For The Quarter And Half Year Ended As On 30Th September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0334906-63ea-4e75-82d7-2c99f5993beb.pdf) |
| 2025-08-14 | [Results - Financials Results For The Quarter Ended June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a076288a-348c-4570-9b36-a34d3c9560aa.pdf) |
| 2025-08-14 | [Results - Financials Results For The Quarter Ended June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b71e52cd-5065-49d3-8f88-dc0c45956cce.pdf) |
| 2025-05-28 | [Audited Financial Results (Standalone & Consolidated) For The Quarter And Financial Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08579f4a-3a15-4998-b095-80e62254d038.pdf) |
| 2025-02-12 | [Un-Audited Financial Results (Standalone & Consolidated) For The Quarter And Nine Months Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6326966-e7a5-4c28-9aa9-0178ae0c4125.pdf) |
| 2024-11-14 | [Standalone And Consolidated Unaudited Financial Results For The Quarter And Half Year Ended On 30Th September 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a2f3cb69-683d-4b61-a4f2-56712317e3f7.pdf) |
| 2024-08-13 | [Financials Results For The Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71844724-337e-40ed-96b3-aad3928df346.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f61c612a-131f-4958-be69-71142bc01f1b.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c6f90a77-4a8f-4e32-96af-972654f49245.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b860b835-5f96-4d7a-a846-beaef608a856.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2050ba17-8280-4d08-a734-b760a5100b6d.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98ced673-eafa-4371-a3ab-9a5fbb3a9c73.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d7548dd-0235-44cc-8cad-cec3770df32f.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/537292/73119537292.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512149/76714512149.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/537292/68772537292.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/512149/71377512149.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 2026-09-13T19:58:10.995Z.
