---
title: "Kanishk Steel Industries Ltd (513456) — Share Price, Financials & Analysis"
symbol: "513456"
company: "Kanishk Steel Industries Ltd"
canonical: "https://tapetide.com/stocks/513456"
isin: "INE791E01018"
nse_symbol: "KANISHKSTEELINDUSTRIESLTD"
bse_code: "513456"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 134.8
generated_at: "2026-09-13T19:16:34.246Z"
---

# Kanishk Steel Industries Ltd (513456)

Canonical page: https://tapetide.com/stocks/513456

## Company

- **NSE Symbol:** KANISHKSTEELINDUSTRIESLTD
- **BSE Code:** 513456
- **ISIN:** INE791E01018
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kanishksteels.in

## About

Incorporated in 1989, Kanishk Steel Ltd is a manufacturer and supplier of Iron & Steel products[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:53.263963Z.

- **Market Cap:** ₹134.8 Cr
- **Classification:** Microcap
- **P/E (reported):** 20
- **EPS (TTM):** ₹2.37
- **EPS (reported):** ₹0.49
- **Book Value:** ₹37.99
- **Price to Book:** 1.25
- **Dividend Yield:** 0%
- **ROE:** 10.04%
- **ROCE:** 18.17%
- **Debt to Equity:** 0.25
- **Revenue (yearly):** ₹283.1 Cr
- **Net Income:** ₹4.7 Cr
- **EBITDA:** ₹11.2 Cr
- **52-Week High:** ₹66.95
- **52-Week Low:** ₹40.15
- **RSI (14):** 51.36

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Expensive and Under Pressure
- **What it means:** The multiple is demanding and the trend has turned against it, without the financial strength that would justify paying up. What matters is whether the de-rating stops at the multiple or starts showing up in the numbers.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Falling
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 49.11 | 9% |
| growth | 40.02 | 9% |
| momentum | 33.8 | 12% |
| ownership | 49.41 | 24% |
| quality | 57.17 | 22% |
| valuation | 47.86 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 1.17 times its book value
- Company's working capital requirements have reduced from 23.5 days to 16.2 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.6% over past five years.
- Tax rate seems low
- Company has a low return on equity of 2.88% over last 3 years.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -190.78% | — | — |
| ebitda margin growth | 36.36% | 53.28% | — | — |
| net income growth | 0.3% | — | 61% | -2% |
| revenue growth | 42.08% | -7.24% | 0% | 11% |
| roce | 82.69% | 96.22% | — | — |
| roe | -725% | — | — | — |

## 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 | 90.16 | 92.8 | 97.46 | 79.73 | 93.64 | 88.07 | 98.57 | 101.21 | 94.92 | 96.27 | 114.17 | 87.39 |
| Expenses | 87.86 | 88.58 | 100.33 | 78.96 | 91.37 | 84.68 | 96.89 | 98.07 | 92 | 93.42 | 109.28 | 83.08 |
| Operating Profit | 2.3 | 4.22 | -2.87 | 0.77 | 2.27 | 3.39 | 1.68 | 3.14 | 2.92 | 2.85 | 4.89 | 4.31 |
| OPM % | 2.55 | 4.55 | -2.94 | 0.97 | 2.42 | 3.85 | 1.7 | 3.1 | 3.08 | 2.96 | 4.28 | 4.93 |
| Other Income | 1.9 | 2.06 | 1.62 | 1.65 | 0.46 | 9.14 | 0.39 | 0.05 | 0.24 | 0.65 | 0.64 | 0.24 |
| Interest | 0.75 | 1.17 | 1.35 | 1.26 | 1.22 | 0.75 | 0.6 | 0.66 | 0.81 | 0.75 | 4.22 | 1.2 |
| Depreciation | 1.05 | 2.09 | 0.64 | 0.49 | 0.49 | 0.49 | 0.49 | 0.49 | 0.57 | 1.23 | 0.86 | 1.04 |
| Profit before tax | 2.4 | 3.02 | -3.24 | 0.67 | 1.02 | 11.29 | 0.98 | 2.04 | 1.78 | 1.52 | 0.45 | 2.31 |
| Tax % | 2.92 | 21.85 | 8.33 | 68.66 | 31.37 | 20.02 | 264.29 | 29.41 | -2.25 | -44.08 | -180 | 35.5 |
| Net Profit | 2.33 | 2.36 | -3.5 | 0.21 | 0.7 | 9.02 | -1.61 | 1.45 | 1.82 | 2.19 | 1.25 | 1.49 |
| EPS in Rs | 0.82 | 0.83 | -1.23 | 0.07 | 0.25 | 3.18 | -0.57 | 0.51 | 0.64 | 0.77 | 0.44 | 0.52 |

### 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 | 234 | 330 | 257 | 245 | 314 | 402 | 388 | 360 | 407 | 393 |
| Expenses | 227 | 320 | 255 | 258 | 296 | 401 | 381 | 352 | 393 | 378 |
| Operating Profit | 7 | 10 | 2 | -13 | 18 | 1 | 7 | 8 | 14 | 15 |
| OPM % | 3 | 3.2 | 0.8 | -5 | 6 | 0.2 | 1.8 | 2.3 | 3.4 | 3.8 |
| Other Income | 1 | 2 | 3 | 22 | 17 | 16 | 7 | 12 | 2 | 2 |
| Interest | 5 | 4 | 2 | 2 | 2 | 1 | 4 | 4 | 6 | 7 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 2 | 3 | 4 |
| Profit before tax | 3 | 7 | 2 | 6 | 32 | 14 | 4 | 14 | 6 | 6 |
| Tax % | 41 | 41 | -21 | 10 | 18 | 33 | 32 | 40 | 12 | — |
| Net Profit | 2 | 4 | 2 | 6 | 26 | 10 | 3 | 8 | 5 | 7 |
| EPS in Rs | 0.56 | 1.5 | 0.71 | 2 | 9.26 | 3.35 | 0.92 | 2.93 | 1.8 | 2.37 |
| 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 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 17 | 19 | 23 | 25 | 31 | 57 | 66 | 69 | 77 | 82 |
| Borrowings | 15 | 9 | 19 | 17 | 17 | 18 | 49 | 54 | 25 | 28 |
| Other Liabilities | 77 | 78 | 58 | 47 | 27 | 36 | 28 | 40 | 51 | 42 |
| Total Liabilities | 138 | 135 | 128 | 118 | 103 | 140 | 172 | 192 | 182 | 181 |
| Fixed Assets | 12 | 12 | 11 | 10 | 9 | 11 | 51 | 33 | 31 | 73 |
| CWIP | 0 | 3 | 4 | 4 | 4 | 4 | 6 | 20 | 43 | 2 |
| Investments | 3 | 3 | 2 | 3 | 23 | 26 | 11 | 17 | 10 | 8 |
| Other Assets | 123 | 117 | 111 | 101 | 67 | 99 | 104 | 122 | 98 | 98 |
| Total Assets | 138 | 135 | 128 | 118 | 103 | 140 | 172 | 192 | 182 | 181 |

### 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 | 17 | -3 | -7 | 3 | -4 | 1 | -3 | 33 | 1 | 6 |
| Cash from Investing Activity | -7 | 11 | -1 | 1 | 2 | -1 | -26 | -31 | 28 | -3 |
| Cash from Financing Activity | -10 | -8 | 8 | -4 | 2 | 0 | 30 | 1 | -33 | -3 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | -3 | 0 |
| Free Cash Flow | 17 | -6 | -7 | 3 | -4 | -2 | -47 | 0 | -23 | 3 |
| CFO/OP | 1112 | -14 | -36 | 316 | 30 | 8 | 433 | 432 | 16 | 49 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 80 | 86 | 34 | 40 | 27 | 14 | 25 | 20 | 18 | 18 |
| Inventory Days | 86 | 96 | 63 | 80 | 69 | 96 | 48 | 29 | 83 | 69 |
| Days Payable | 93 | 104 | 52 | 50 | 34 | 31 | 15 | 22 | 22 | 11 |
| Cash Conversion Cycle | 73 | 78 | 45 | 70 | 62 | 79 | 58 | 27 | 80 | 76 |
| Working Capital Days | 22 | 42 | 34 | 45 | 30 | 49 | 43 | 38 | 17 | 16 |
| ROCE % | 10 | 12 | 18 | 6 | 11 | 35 | 3 | 6 | 6 | 9 |

## 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 | 69.52% | 68.01% | 67.89% | 67.82% | 67.69% | 67.51% | 67.46% | 67.17% | 67% | 66.84% | 66.82% | 66.73% |
| 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 | 11.94% | 13.45% | 13.45% | 13.46% | 13.26% | 13.44% | 13.45% | 13.48% | 13.53% | 13.33% | 13.5% | 13.32% |
| Others | 18.54% | 18.54% | 18.65% | 18.72% | 19.06% | 19.05% | 19.1% | 19.35% | 19.47% | 19.83% | 19.69% | 19.95% |
| No. of Shareholders | 6464 | 6713 | 7126 | 7417 | 7331 | 7333 | 7384 | 7348 | 7234 | 7117 | 7015 | 6972 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 3 / 7 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 44.97 | Buy |
| EMA (10) | 45.49 | Buy |
| SMA (20) | 45.85 | Sell |
| EMA (20) | 46.27 | Sell |
| SMA (50) | 49.38 | Sell |
| EMA (50) | 48.73 | Sell |
| SMA (100) | 52.95 | Sell |
| EMA (100) | 50.74 | Sell |
| SMA (200) | 53.34 | Sell |
| EMA (200) | 50.74 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.04 | Neutral |
| MACD (12,26,9) | -1.24 | Buy |
| Stochastic (14,3,3) | 46.07 | Neutral |
| ADX (14) | 14.98 | Neutral |
| Williams %R (14) | -62.63 | Neutral |
| ATR (14) | 3.11 | High Volatility |
| ROC (12) | -3.11 | Sell |
| Stoch RSI (14) | 69.36 | Neutral |
| UO (7,14,28) | 47.05 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33612a92-46b7-4a0e-97eb-d1bc5045390b.pdf) |
| 2026-09-05 | [Shareholders Meeting - AGM Sep 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15b1fa95-52fc-48b1-ac69-56b7322d7826.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa42bc8d-9e63-4160-a75f-f735b193311c.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae798ef7-5997-48c1-89fe-e849137fd331.pdf) |
| 2026-07-31 | [Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results Of The Company For The Quarter Ended 30 June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ccf500f-1b76-4794-8a60-b06536c4b813.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1724262-d478-4894-a1ae-ba4c0a9c0d78.pdf) |
| 2026-06-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de44e2b4-4db4-45bd-b8dc-98b8776e5868.pdf) |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1317a3a8-2aa7-4a4d-8590-d44125a47efe.pdf) |
| 2026-05-28 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6da1ad45-0b95-4e43-aa09-eaf3d3524019.pdf) |
| 2026-05-27 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 27 May 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df3c786c-0e26-436d-ae3e-fbf396dd4f7a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-10 | [Results- Financial Results June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ccbc370-fb5d-472e-b1f8-d6fcafb52f19.pdf) |
| 2026-05-27 | [Results - Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc8ec003-f39d-44d5-b5be-e37241e665ce.pdf) |
| 2026-02-11 | [Results - Financial Results December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96db0527-64bd-402a-8d1d-586ddbfd7f47.pdf) |
| 2025-11-12 | [Results - Financial Results For Sep 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31b7551a-afb0-46df-b549-e15e2596a321.pdf) |
| 2025-08-14 | [Results - Financial Results For Jun 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f32e4005-c1ff-4dbb-b324-34103e614698.pdf) |
| 2025-05-28 | [Results- Financial Results For March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=422a91a1-9e9f-4acb-9a4b-c79076a0bd0d.pdf) |
| 2025-02-12 | [Results- Financials Results For December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ef1011c-e914-4925-a6d4-54a2860a1071.pdf) |
| 2024-11-09 | [Results- Financial Results For Sep 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b86cd36d-cb7d-4e2a-98dc-9f59ca4a99ae.pdf) |
| 2024-08-13 | [Results- Financial Results For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b26d6de9-4f54-4ca5-8fbb-a43b1c200ab9.pdf) |
| 2024-05-28 | [Results - Financial Results For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=772591a9-c645-49b1-a075-0e3b3536e58c.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Regulation 74(5) dematerialisation certificate for quarter ended 31 Dec 2025 from RTA Cameo Corporate Services. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jan - Regulation 74(5) dematerialisation certificate for quarter ended 31 Dec 2025 from RTA Cameo Corporate Services.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10365e61-6678-49b1-a77d-621203e97204.pdf) |
| 9 Apr - Submission of Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018, for the quarter ended 31 March 2026, received from the Company''s RTA, Cameo Corporate … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submission of Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018, for the quarter ended 31 March 2026, received from the Company''s RTA, Cameo Corporate …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d2c4ac1-6f13-4b4d-be77-468fff824a2e.pdf) |
| 5 March 2026 - Received USD 144,000 purchase order from AVIMA (Pty) Ltd for chemicals; shipment by May 1, 2026; payment within 90 days. | [Bagging/Receiving of orders/contracts 5 March 2026 - Received USD 144,000 purchase order from AVIMA (Pty) Ltd for chemicals; shipment by May 1, 2026; payment within 90 days.](https://nsearchives.nseindia.com/corporate/ARISTO_05032026172128_sd.pdf) |
| 31 December 2025 - Trading window closed Jan 1, 2026 until 48 hours after results for quarter ended Dec 31, 2025. | [Trading Window 31 December 2025 - Trading window closed Jan 1, 2026 until 48 hours after results for quarter ended Dec 31, 2025.](https://nsearchives.nseindia.com/corporate/ARISTO_31122025172503_TWC_sd.pdf) |
| 30 October 2025 - Revised certificate confirming Regulation 27(2) non-applicability for FY2025-26; SME Exchange; dated Oct 28–30, 2025. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 30 October 2025 - Revised certificate confirming Regulation 27(2) non-applicability for FY2025-26; SME Exchange; dated Oct 28–30, 2025.](https://nsearchives.nseindia.com/corporate/ARISTO_30102025124507_Covering_sd.pdf) |
| 3 January 2026 - Erroneous trading-window closure corrected; window remains open; no designated trades; no quarter-ended 31 Dec 2025 results. | [Updates 3 January 2026 - Erroneous trading-window closure corrected; window remains open; no designated trades; no quarter-ended 31 Dec 2025 results.](https://nsearchives.nseindia.com/corporate/ARISTO_03012026170234_Modified_TWC_Sd.pdf) |
| 3 Feb - Board meeting 11 Feb 2026 to approve unaudited Q3/9M results for 31 Dec 2025; trading window closed till 13 Feb. | [Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results For The Quarter And Nine Months Ended 31 December 2025. 3 Feb - Board meeting 11 Feb 2026 to approve unaudited Q3/9M results for 31 Dec 2025; trading window closed till 13 Feb.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7e8d5a1-5d1e-41e0-a7ae-ba65e7b64ab1.pdf) |
| 3 Apr - Promoters declared no encumbrance on shares for FY ended 31 March 2026. | [General- Declaration Under Regulation 31(4) Of SEBI (SAST) Regulations, 2011 3 Apr - Promoters declared no encumbrance on shares for FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2fbdbd9a-91ea-4a83-828b-9c5ab10ae743.pdf) |
| 26 February 2026 - Board appointed D.C. Parikh & Co. internal auditor and SCS & Co LLP secretarial auditor for FY2025-26, Feb 26, 2026. | [Appointment 26 February 2026 - Board appointed D.C. Parikh & Co. internal auditor and SCS & Co LLP secretarial auditor for FY2025-26, Feb 26, 2026.](https://nsearchives.nseindia.com/corporate/ARISTO_26022026183350_Outcome_Sd.pdf) |
| 26 February 2026 - Appointed D.C. Parikh & Co. internal auditor and SCS & Co. LLP secretarial auditor for FY2025-26. | [Appointment 26 February 2026 - Appointed D.C. Parikh & Co. internal auditor and SCS & Co. LLP secretarial auditor for FY2025-26.](https://nsearchives.nseindia.com/corporate/ARISTO_26022026183041_Outcome_Sd.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27450_ARISTO_2024_2025_A_14082025191438.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25296_ARISTO_2023_2024_2908202419105.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23430_ARISTO_2022_2023_04092023191322_09042023200019.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f06dc4e8-0ef1-4205-8576-28463a21a156.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/389b98a4-734a-4581-8d7b-0d1f661bd0db.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ccf7a167-4985-45da-a0ce-253eb1dd5970.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/513456/77052513456.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/513456/72150513456.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/513456/68174513456.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/513456/5134560319.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 2026-09-13T19:16:34.246Z.