---
title: "Hindustan Adhesives Ltd (514428) — Share Price, Financials & Analysis"
symbol: "514428"
company: "Hindustan Adhesives Ltd"
canonical: "https://tapetide.com/stocks/514428"
isin: "INE074C01013"
nse_symbol: "HINDADH"
bse_code: "514428"
sector: "Industrial Products"
industry: "Plastic Products - Industrial"
market_cap_cr: 184.19
generated_at: "2026-09-13T20:37:51.403Z"
---

# Hindustan Adhesives Ltd (514428)

Canonical page: https://tapetide.com/stocks/514428

## Company

- **NSE Symbol:** HINDADH
- **BSE Code:** 514428
- **ISIN:** INE074C01013
- **Sector:** Industrial Products
- **Industry:** Plastic Products - Industrial
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bagla-group.com

## About

Incorporated in 1988, Hindustan Adhesive 
Ltd manufactures and supplies Carton 
Sealing Tapes and Adhesive Coated 
 products[1]

## Latest Price

- **Price:** ₹369.1
- **Change:** +3.8 (+1.04%)
- **Open:** ₹365.3
- **Day High:** ₹370.9
- **Day Low:** ₹345.25
- **Previous Close:** ₹365.3
- **Volume:** 3185
- **As Of:** 2026-09-11T10:01:42+00:00

## Key Fundamentals

Observed at 2026-09-11T04:51:44.534367Z.

- **Market Cap:** ₹184.19 Cr
- **Classification:** Microcap
- **P/E (reported):** 8.6
- **P/E (TTM):** 8.67
- **EPS (TTM):** ₹42.59
- **Book Value:** ₹212.6
- **Price to Book:** 1.72
- **Dividend Yield:** 0%
- **ROE:** 16.89%
- **ROCE:** 20.1%
- **Debt to Equity:** 1.12
- **Revenue (yearly):** ₹255.57 Cr
- **Net Income:** ₹13.68 Cr
- **EBITDA:** ₹34.59 Cr
- **52-Week High:** ₹402.65
- **52-Week Low:** ₹335.55
- **RSI (14):** 80.79

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 33.81 | 9% |
| growth | 26.66 | 9% |
| momentum | 92.85 | 12% |
| ownership | 50 | 24% |
| quality | 71.41 | 22% |
| valuation | 67.17 | 24% |

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

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 45.83% | -31.95% | 124.45% |
| ebitda margin growth | 215.94% | -0.75% | 13.88% | -13.31% |
| net income growth | — | -11.17% | 49% | 185% |
| revenue growth | 35.41% | -11.66% | -7% | 27.22% |
| roce | 506.51% | -27.83% | 33.55% | 22.86% |
| roe | — | -22.09% | 15.57% | 89.14% |

## 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 | 81 | 70 | 72 | 64 | 84 | 73 | 64 | 66 | 65 | 67 | 58 | 80 |
| Expenses | 73 | 61 | 64 | 59 | 74 | 64 | 53 | 58 | 54 | 57 | 51 | 58 |
| Operating Profit | 8 | 10 | 8 | 5 | 10 | 9 | 10 | 9 | 10 | 10 | 7 | 21 |
| OPM % | 10 | 14 | 11 | 8 | 12 | 12 | 16 | 13 | 16 | 15 | 12 | 27 |
| Other Income | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 2 | 2 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 2 | 3 | 3 | 4 | 4 |
| Profit before tax | 6 | 7 | 4 | 3 | 7 | 6 | 5 | 5 | 8 | 7 | 0 | 15 |
| Tax % | 31 | 36 | 10 | 25 | 25 | 26 | 37 | 27 | 24 | 34 | -102 | 29 |
| Net Profit | 4 | 5 | 4 | 2 | 5 | 5 | 3 | 4 | 6 | 5 | 1 | 11 |
| EPS in Rs | 7.56 | 8.89 | 7.35 | 4.16 | 10.5 | 8.97 | 6.45 | 7.33 | 11.16 | 8.81 | 1.82 | 20.8 |

### Profit & Loss

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

| Item | Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 70 | 76 | 449 | 321 | 303 | 285 | 256 | 269 |
| Expenses | 61 | 65 | 416 | 301 | 271 | 250 | 219 | 220 |
| Operating Profit | 10 | 11 | 33 | 20 | 33 | 34 | 36 | 49 |
| OPM % | 14 | 15 | 7 | 6 | 11 | 12 | 14 | 18 |
| Other Income | 0 | 1 | 4 | 3 | 3 | 5 | 3 | 3 |
| Interest | 3 | 3 | 8 | 7 | 5 | 6 | 8 | 8 |
| Depreciation | 3 | 4 | 11 | 11 | 9 | 11 | 12 | 14 |
| Profit before tax | 3 | 5 | 18 | 6 | 22 | 21 | 20 | 30 |
| Tax % | 39 | 8 | 31 | 16 | 25 | 28 | 25 | — |
| Net Profit | 2 | 5 | 13 | 5 | 16 | 15 | 15 | 22 |
| EPS in Rs | 3.44 | 9.32 | 24.47 | 9.5 | 32.07 | 30.08 | 29.12 | 42.59 |
| Dividend Payout % | 0 | 11 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 14 | 19 | 50 | 55 | 71 | 86 | 104 |
| Borrowings | 21 | 21 | 80 | 66 | 69 | 109 | 122 |
| Other Liabilities | 13 | 13 | 66 | 42 | 51 | 59 | 57 |
| Total Liabilities | 53 | 58 | 201 | 168 | 195 | 259 | 288 |
| Fixed Assets | 23 | 23 | 80 | 77 | 73 | 71 | 114 |
| CWIP | 0 | 1 | 0 | 0 | 6 | 59 | 44 |
| Investments | 2 | 2 | 5 | 3 | 2 | 3 | 6 |
| Other Assets | 29 | 32 | 116 | 88 | 114 | 126 | 124 |
| Total Assets | 53 | 58 | 201 | 168 | 195 | 259 | 288 |

### Cash Flow

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

| Item | Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 8 | 8 | 25 | 27 | 13 | 18 | 31 |
| Cash from Investing Activity | -3 | -5 | -15 | -10 | -9 | -49 | -19 |
| Cash from Financing Activity | -5 | -3 | -10 | -20 | -2 | 35 | -11 |
| Net Cash Flow | 0 | -1 | 0 | -2 | 1 | 4 | 0 |
| Free Cash Flow | 7 | 3 | 10 | 19 | 2 | -41 | 10 |
| CFO/OP | 94 | 81 | 94 | 146 | 60 | 66 | 99 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 60 | 68 | 38 | 29 | 48 | 35 | 44 |
| Inventory Days | 126 | 120 | 56 | 86 | 72 | 148 | 168 |
| Days Payable | 73 | 86 | 47 | 42 | 48 | 87 | 95 |
| Cash Conversion Cycle | 113 | 102 | 47 | 74 | 72 | 96 | 117 |
| Working Capital Days | -6 | 0 | 2 | -1 | -6 | -7 | -29 |
| ROCE % | — | 19 | — | 10 | 20 | 16 | 13 |

## 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 | 68.48% | 68.48% | 68.54% | 68.55% | 68.55% | 68.58% | 68.58% | 68.58% | 68.48% | 68.48% | 68.48% | 68.48% |
| 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 | 24.01% | 24.08% | 18.93% | 18.86% | 18.81% | 18.69% | 18.68% | 18.66% | 18.47% | 18.3% | 18.2% | 18.27% |
| Others | 7.51% | 7.44% | 12.53% | 12.59% | 12.64% | 12.73% | 12.74% | 12.76% | 13.05% | 13.22% | 13.32% | 13.25% |
| No. of Shareholders | 9719 | 9598 | 7999 | 8039 | 8079 | 7780 | 7651 | 7581 | 7397 | 7208 | 7047 | 7017 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 362.17 | Buy |
| EMA (10) | 361.93 | Buy |
| SMA (20) | 359.01 | Buy |
| EMA (20) | 349.05 | Buy |
| SMA (50) | 302.75 | Buy |
| EMA (50) | 322.27 | Buy |
| SMA (100) | 303.82 | Buy |
| EMA (100) | 310.21 | Buy |
| SMA (200) | 304.92 | Buy |
| EMA (200) | 309.89 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 66.94 | Neutral |
| MACD (12,26,9) | 18.21 | Sell |
| Stochastic (14,3,3) | 58.36 | Neutral |
| ADX (14) | 43.87 | Buy |
| Williams %R (14) | -36.86 | Neutral |
| ATR (14) | 17.35 | High Volatility |
| ROC (12) | 4.29 | Buy |
| Stoch RSI (14) | 44.69 | Neutral |
| UO (7,14,28) | 52.2 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c90d2f8-012e-45b5-8907-0680a2a16ad6.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e7b4442-b044-4092-b1a4-d9815219ccef.pdf) |
| 2026-09-08 | [Intimation Of Book Closure And Cutoff Date For E Voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b37f1ba-4a89-455d-882e-6cd7a3126a88.pdf) |
| 2026-09-08 | [Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28fcb354-fd7f-41d3-a603-ee4e7b8c2813.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97cb685e-dc91-4159-8c72-ac6eaa0d371c.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96bc367e-7e78-4234-989b-1caf498e1686.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of The Board Meeting - Regulation 33 Read With Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=002f5b39-e7b1-4251-8a59-c22bf7f4feb7.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2cb7c8c-7904-48b5-bf35-a6db601693a8.pdf) |
| 2026-08-14 | [Outcome Of The Board Meeting -Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52a722d1-21c7-4d02-863e-cf9aa41dda64.pdf) |
| 2026-08-10 | [Board Meeting Intimation for Notice Of Board Meeting Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=053c89ad-ce67-4763-98cb-3b2d40ecd453.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Submission Of Unaudited Standalone And Consolidated Financial Result For The Quarter Ended On 30Th June 2026 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8ed187b-2870-4d5d-a4bc-57b95fcd9c5a.pdf) |
| 2026-06-25 | [Submission Of Audited Standalone And Consolidated Financial Result For Quarter And Financial Year Ended On 31St March 2026 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f16b3dcb-f246-43ae-879a-59837e772f17.pdf) |
| 2026-02-14 | [Submission Of Unaudited Standalone And Consolidated Financial Result For The Quarter And Nine Months Ended On 31St December 2025 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce5bb29e-423d-4457-ba7f-0d62a2d16d90.pdf) |
| 2025-11-14 | [Submission Of Unaudited Standalone And Consolidated Financial Result For The Quarter Ended On 30Th September 2025 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94bf3f13-a43b-4a75-9eff-ab005f49673c.pdf) |
| 2025-08-14 | [Submission Of Unaudited Standalone And Consolidated Financial Result For The Quarter Ended On 30Th June 2025 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3da0ed5a-edb6-4ffa-ae76-fcb600aee370.pdf) |
| 2025-07-15 | [Submission Of Audited Standalone And Consolidated Financial Result For Quarter And Financial Year Ended On 31St March 2025 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6157d4e4-fa37-4121-bae1-d4e1e0b51799.pdf) |
| 2025-07-04 | [Submission Of Audited Standalone And Consolidated Financial Result For Quarter And Financial Year Ended On 31St March 2025 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ee4da4c-fc19-4d7f-8a44-3b1d5505c71b.pdf) |
| 2025-07-03 | [Submission Of Audited Standalone And Consolidated Financial Result For Quarter And Financial Year Ended On 31St March 2025 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb2a6247-9b75-48de-be5c-02e52a425f32.pdf) |
| 2025-07-03 | [Submission Of Audited Standalone And Consolidated Financial Result For Quarter And Financial Year Ended On 31St March 2025 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f6cec31-6989-46cd-a25f-ed558587a344.pdf) |
| 2025-02-20 | [Submission Of Unaudited Standalone And Consolidated Financial Result For The Quarter And Nine Months Ended On 31St December 2024 Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b351928-b491-4e8d-92af-bedbf2229f9a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31/03/2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31/03/2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/970278ec-8a25-4ccd-a72a-d6dbe913992e.pdf) |
| 6h - Axis Bank: has neither submitted nor plans to submit bid for stake in CreditAccess Grameen Limited (Feb 22, 2026). | [General Update 6h - Axis Bank: has neither submitted nor plans to submit bid for stake in CreditAccess Grameen Limited (Feb 22, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8a59391e-31f7-4ed2-8e82-1dc3ebbf643c.pdf) |
| 3h - Analysts/institutional investor meetings at Daiwa Investment Conference Tokyo on March 2, 2026; presentation posted online. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 3h - Analysts/institutional investor meetings at Daiwa Investment Conference Tokyo on March 2, 2026; presentation posted online.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e9839bc9-0f54-4073-abc0-e5497b938548.pdf) |
| 30 Apr - Company disclosed it is not identified as a Large Corporate under SEBI circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company disclosed it is not identified as a Large Corporate under SEBI circular.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9220f374-d9e3-4959-b978-efb3882956d5.pdf) |
| 30 Apr - Company disclosed it is not identified as a Large Corporate under SEBI circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company disclosed it is not identified as a Large Corporate under SEBI circular.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9220f374-d9e3-4959-b978-efb3882956d5.pdf) |
| 26 Feb - Axis Bank analysts/institutional investors meet on Feb 26, 2026; Kotak Chasing Growth 2026; presentation link provided. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 26 Feb - Axis Bank analysts/institutional investors meet on Feb 26, 2026; Kotak Chasing Growth 2026; presentation link provided.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5abd5f9e-d3f7-44ff-9bb5-80a050f1980c.pdf) |
| 25 Feb - Analysts/institutional meeting at IIFL Entrepreneurial India Conference, Mumbai on Feb 25, 2026; presentation uploaded. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 25 Feb - Analysts/institutional meeting at IIFL Entrepreneurial India Conference, Mumbai on Feb 25, 2026; presentation uploaded.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/644adae5-fe47-4363-8045-e8a979a70e59.pdf) |
| 20 Mar - Of Newspaper Advertisement of Publication of Notice of the Special Window for Re-lodgement of Transfer Requests of Physical Shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Mar - Of Newspaper Advertisement of Publication of Notice of the Special Window for Re-lodgement of Transfer Requests of Physical Shares](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb774c4b-874e-4886-bf93-9adba94268f7.pdf) |
| 1h - Axis Bank gave in-principle NOC to Max Financial-AMLI amalgamation; undertaking executed March 6, 2026; listing by April 5, 2027. | [Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 1h - Axis Bank gave in-principle NOC to Max Financial-AMLI amalgamation; undertaking executed March 6, 2026; listing by April 5, 2027.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ce5f3fda-b02e-43da-9d1b-b383b4c392d7.pdf) |
| 1d - Investor group meeting in London on Feb 17, 2026 with Stone Harbor and J.P. Morgan. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 1d - Investor group meeting in London on Feb 17, 2026 with Stone Harbor and J.P. Morgan.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/30a38d47-1163-48b5-8130-bb11e0eadd59.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c983eeb4-ea44-4252-b513-f33399ad686a.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b9f47cb-076d-49fd-9c60-33e9466927dd.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/99bb4fde-ec67-4801-8d74-0649a58702e5.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a77d272b-03d6-47c0-a100-23d9caa2670a.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c4f9cfc-6cb1-420c-ae5a-1a195096b96c.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/147b1102-2a34-4899-9413-d6efa500bed9.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/01bd70e3-c122-472b-af01-1df39a1a8539.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a44631f-a8b4-4829-b1af-bde7c3bf15a5.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/989c2a62-f07f-44a5-8c07-f52a51ba7960.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e5ac19d6-3313-4c7d-9609-df52f91fe28b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9144823a-85ee-4db6-a75f-fba16387ce0a.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c1c63c20-4a9d-4888-babd-941048fa80a4.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93457ea2-9cfe-4d6c-98ec-12e62c07ff0b.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/760e0372-ca5f-40c8-9ccb-734817551a80.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/90b930a8-4c38-4490-afd8-3eb51a9331c8.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd6a3346-41a9-471b-ae2b-f73128eae9b2.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532215/73342532215.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/514428/76789514428.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532215/68747532215.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/514428/71766514428.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 2026-09-13T20:37:51.403Z.