---
title: "South India Paper Mills Ltd (516108) — Share Price, Financials & Analysis"
symbol: "516108"
company: "South India Paper Mills Ltd"
canonical: "https://tapetide.com/stocks/516108"
isin: "INE088G01014"
nse_symbol: "SOUTHINDIAPAPERMILLSLTD"
bse_code: "516108"
sector: "Forest Materials"
industry: "Paper & Paper Products"
market_cap_cr: 218.57
generated_at: "2026-09-13T19:38:49.578Z"
---

# South India Paper Mills Ltd (516108)

Canonical page: https://tapetide.com/stocks/516108

## Company

- **NSE Symbol:** SOUTHINDIAPAPERMILLSLTD
- **BSE Code:** 516108
- **ISIN:** INE088G01014
- **Sector:** Forest Materials
- **Industry:** Paper & Paper Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sipaper.com

## About

Incorporated in 1959, The South India Paper 
Mills Ltd manufactures Paper, Paperboards, Cartons and Power Generation[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:18.564422Z.

- **Market Cap:** ₹218.57 Cr
- **Classification:** Microcap
- **P/E (reported):** 14.9
- **EPS (TTM):** ₹7.86
- **EPS (reported):** ₹0
- **Book Value:** ₹118.55
- **Price to Book:** 0.99
- **Dividend Yield:** 0.85%
- **ROE:** 4.83%
- **ROCE:** 10.57%
- **Debt to Equity:** 0.7
- **Revenue (yearly):** ₹434.5 Cr
- **Net Income:** ₹10.7 Cr
- **EBITDA:** ₹51.3 Cr
- **52-Week High:** ₹136
- **52-Week Low:** ₹65.1
- **RSI (14):** 53.51

## 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 | 27.29 | 9% |
| growth | 55.45 | 9% |
| momentum | 91.84 | 12% |
| ownership | 50.07 | 24% |
| quality | 62.5 | 22% |
| valuation | 67.53 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 1.00 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 27.8%
- Company has a low return on equity of -2.22% over last 3 years.
- Promoter holding has decreased over last 3 years: -5.37%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 5.61% | 331.25% | 9.3% |
| ebitda margin growth | 0% | 94.08% | 97.99% | -5.52% |
| net income growth | 8.7% | -211.46% | 33% | -9% |
| revenue growth | 3.06% | 17.31% | 15% | 14% |
| roce | — | 398.58% | — | 3.87% |
| roe | — | -205.69% | -1.94% | -54.04% |

## 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 | 72.8 | 71.91 | 90.66 | 89.83 | 101.77 | 83.57 | 94.14 | 106.89 | 111.57 | 101.37 | 113.99 | 117.58 |
| Expenses | 68.16 | 67.2 | 85.38 | 85.07 | 95.34 | 79.35 | 88.1 | 96.48 | 98.65 | 89.19 | 98.91 | 102.33 |
| Operating Profit | 4.64 | 4.71 | 5.28 | 4.76 | 6.43 | 4.22 | 6.04 | 10.41 | 12.92 | 12.18 | 15.08 | 15.25 |
| OPM % | 6.37 | 6.55 | 5.82 | 5.3 | 6.32 | 5.05 | 6.42 | 9.74 | 11.58 | 12.02 | 13.23 | 12.97 |
| Other Income | 0.14 | 0.14 | 0.42 | 0.49 | 0.96 | 0.36 | 0.15 | 0.15 | 0.16 | 0.07 | 0.3 | 0.17 |
| Interest | 4.73 | 4.71 | 4.81 | 4.92 | 4.87 | 4.89 | 4.94 | 5.1 | 5.16 | 4.9 | 5.11 | 4.58 |
| Depreciation | 4.56 | 4.4 | 4.46 | 4.13 | 4.13 | 4.14 | 4.17 | 4.15 | 4.16 | 4.17 | 4.17 | 4.18 |
| Profit before tax | -4.51 | -4.26 | -3.57 | -3.8 | -1.61 | -4.45 | -2.92 | 1.31 | 3.76 | 3.18 | 6.1 | 6.66 |
| Tax % | -25.28 | -25.12 | -23.81 | -25.26 | -25.47 | -25.17 | -22.6 | 25.19 | 25.27 | 25.16 | 25.08 | 25.23 |
| Net Profit | -3.38 | -3.19 | -2.73 | -2.84 | -1.21 | -3.33 | -2.26 | 0.98 | 2.81 | 2.37 | 4.57 | 4.98 |
| EPS in Rs | -1.8 | -1.7 | -1.46 | -1.51 | -0.65 | -1.78 | -1.21 | 0.52 | 1.5 | 1.26 | 2.44 | 2.66 |

### 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 | 134 | 241 | 216 | 226 | 304 | 287 | 311 | 367 | 431 | 445 |
| Expenses | 122 | 204 | 182 | 188 | 266 | 293 | 293 | 346 | 380 | 389 |
| Operating Profit | 13 | 37 | 35 | 38 | 38 | -6 | 17 | 22 | 51 | 55 |
| OPM % | 9 | 15 | 16 | 17 | 12 | -2.1 | 6 | 6 | 12 | 12 |
| Other Income | 2 | 1 | 1 | 3 | 3 | 14 | 1 | 2 | 1 | 1 |
| Interest | 5 | 5 | 4 | 5 | 6 | 16 | 19 | 20 | 21 | 20 |
| Depreciation | 9 | 10 | 10 | 10 | 9 | 16 | 18 | 17 | 17 | 17 |
| Profit before tax | 1 | 23 | 21 | 27 | 26 | -24 | -18 | -13 | 14 | 20 |
| Tax % | -19 | 21 | 25 | 28 | 16 | -31 | -25 | -25 | 25 | — |
| Net Profit | 1 | 18 | 16 | 19 | 22 | -17 | -13 | -10 | 11 | 15 |
| EPS in Rs | 0.63 | 12.25 | 10.63 | 12.7 | 14.44 | -8.89 | -7.16 | -5.14 | 5.73 | 7.86 |
| Dividend Payout % | 158 | 12 | 14 | 8 | 7 | 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 | 15 | 15 | 15 | 15 | 15 | 15 | 19 | 19 | 19 | 19 |
| Reserves | 126 | 125 | 141 | 154 | 171 | 191 | 215 | 202 | 192 | 204 |
| Borrowings | 45 | 53 | 38 | 42 | 100 | 199 | 192 | 198 | 175 | 156 |
| Other Liabilities | 44 | 42 | 45 | 42 | 53 | 66 | 65 | 38 | 57 | 71 |
| Total Liabilities | 230 | 235 | 239 | 253 | 339 | 471 | 490 | 457 | 443 | 449 |
| Fixed Assets | 136 | 130 | 132 | 128 | 120 | 304 | 343 | 331 | 317 | 305 |
| CWIP | 11 | 15 | 8 | 15 | 106 | 39 | 17 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 83 | 90 | 99 | 110 | 113 | 127 | 129 | 125 | 125 | 144 |
| Total Assets | 230 | 235 | 239 | 253 | 339 | 471 | 490 | 457 | 443 | 449 |

### 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 | 26 | -2 | 39 | 40 | 22 | 39 | 1 | -18 | 40 | 43 |
| Cash from Investing Activity | -29 | 1 | -12 | -31 | -77 | -105 | -13 | -1 | 2 | -1 |
| Cash from Financing Activity | 3 | -2 | -21 | -3 | 51 | 84 | 18 | -12 | -41 | -39 |
| Net Cash Flow | 1 | -2 | 5 | 6 | -4 | 18 | 5 | -32 | 1 | 2 |
| Free Cash Flow | -3 | -1 | 26 | 8 | -57 | -66 | -13 | -20 | 38 | 39 |
| CFO/OP | 103 | -13 | 121 | 125 | 68 | 111 | -58 | -105 | 185 | 83 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 56 | 104 | 60 | 50 | 75 | 58 | 56 | 69 | 58 | 65 |
| Inventory Days | 109 | 197 | 120 | 126 | 107 | 83 | 94 | 88 | 77 | 69 |
| Days Payable | 60 | 98 | 71 | 52 | 57 | 52 | 76 | 37 | 30 | 34 |
| Cash Conversion Cycle | 105 | 203 | 108 | 123 | 125 | 88 | 74 | 120 | 106 | 100 |
| Working Capital Days | 56 | 109 | 71 | 44 | 27 | -14 | -25 | 2 | -8 | 7 |
| ROCE % | 13 | 2 | 14 | 13 | 11 | 8 | -5 | 0 | 1 | 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 | 33.16% | 33.16% | 33.16% | 33.14% | 33.11% | 33.06% | 32.63% | 31.28% | 30.85% | 27.91% | 27.81% | 27.82% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.08% | 0.07% | 0.07% | 0.07% |
| Government | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% |
| Public | 60.24% | 40.22% | 40.28% | 40.37% | 41% | 40.89% | 40.43% | 41% | 40.93% | 40.12% | 40.24% | 40.29% |
| Others | 6.21% | 26.23% | 26.17% | 26.1% | 25.5% | 25.66% | 26.55% | 27.32% | 27.83% | 31.58% | 31.56% | 31.49% |
| No. of Shareholders | 4649 | 4700 | 4827 | 5418 | 5189 | 5072 | 5039 | 5018 | 5052 | 5105 | 4917 | 4774 |

## 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 / 6 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 117.38 | Buy |
| EMA (10) | 117.48 | Buy |
| SMA (20) | 117.34 | Buy |
| EMA (20) | 115.91 | Buy |
| SMA (50) | 109.89 | Buy |
| EMA (50) | 110.62 | Buy |
| SMA (100) | 102.58 | Buy |
| EMA (100) | 104.82 | Buy |
| SMA (200) | 96.17 | Buy |
| EMA (200) | 98.62 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 56.49 | Neutral |
| MACD (12,26,9) | 2.54 | Sell |
| Stochastic (14,3,3) | 25.27 | Neutral |
| ADX (14) | 41.18 | Buy |
| Williams %R (14) | -66.67 | Neutral |
| ATR (14) | 5.64 | High Volatility |
| ROC (12) | -6.82 | Sell |
| Stoch RSI (14) | 24.47 | Neutral |
| UO (7,14,28) | 50.6 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Draft Letter of Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=975D6866-953D-4EF2-84DA-A19C3406EF33-133456.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Open Offer - Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6efba0a-f7d5-4fde-b11b-7980c13da82a.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5700b58d-18d8-4340-9949-463a1e5dc152.pdf) |
| 2026-08-25 | [Detailed Public Statement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7E37B2A0-6A46-4BF9-9CAC-420A78285AE2-122707.pdf) |
| 2026-08-25 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff34df21-4322-4867-939d-37a5655c0367.pdf) |
| 2026-08-25 | [Intimation Regarding Cut Off Date For Evoting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e6a7aa4-ae7d-4b08-8e7b-66e995c76b58.pdf) |
| 2026-08-25 | [Submission Of Detailed Public Statement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a9d9382-d0ec-454e-8151-f021df35ee40.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66b8c1df-1921-4a2e-90cd-2bdb7c1a334d.pdf) |
| 2026-08-24 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9fc4b57-7be4-4d16-891e-345deac5dc70.pdf) |
| 2026-08-24 | [Notice Of 67Th AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2bad441b-4ebe-4306-a167-abbcc27366e8.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-30 | [SIPM Unaudited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a64b58e-b16a-4b04-82f2-e987de558ae2.pdf) |
| 2026-05-28 | [Submission Of Audited Financial Results For The Quarter / Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb4dc78b-5e4b-4d69-9007-80c63bd68166.pdf) |
| 2026-01-15 | [SIPM UFR 31St Dec 2025 For The Quarter / 31St Dec 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00f5e48e-dc71-46f6-8231-8037d792ea49.pdf) |
| 2025-10-23 | [Financial Results For The Qtr / Half Year Ended 30Th Sept 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3ab3bbd-1018-4e4d-98b8-25bf40bb233d.pdf) |
| 2025-07-31 | [Unaudited Financial Results For The Qtr Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8635aa8-1cfd-43b5-9f54-352d3c5a38c7.pdf) |
| 2025-05-29 | [Audited Financial Results For The Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f18f3b4c-58f7-400e-9c34-271637b053d5.pdf) |
| 2025-02-13 | [Unaudited Financial Results For The Qtr Ended 31St Dec 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c985aacb-ee95-4878-96ed-5f71870390d8.pdf) |
| 2024-11-07 | [Submission Of Financial Results For The Quarter / Half Year Ended 30Th Sept 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be178200-c520-4686-9ba8-b1583f90dea8.pdf) |
| 2024-07-30 | [SIPM UFR - Qtr Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d96ce764-1cd7-4a97-9435-5a1fee02899e.pdf) |
| 2024-05-30 | [SIPM Audited Financial Results For The Year / Qtr Ended 31St March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a20018a-6f79-46ec-9665-931b90690ee4.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Jan - Board meeting on 15 Jan 2026 to approve unaudited Q/9M results for period ended 31 Dec 2025. | [Board Meeting Intimation for Unaudited Financial Results For The Quarter / 9 Months Ended 31St December 2025 5 Jan - Board meeting on 15 Jan 2026 to approve unaudited Q/9M results for period ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d25482b7-b26e-46e8-9083-bca6d0bda172.pdf) |
| 30 Apr - Company confirms it is not a Large Corporate; long-term borrowings Rs 82.84 crore, rating ICRA BB+. | [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; long-term borrowings Rs 82.84 crore, rating ICRA BB+.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/31ff3fb1-688a-463c-9714-6c50f10d1af7.pdf) |
| 30 Apr - Company confirms it is not a Large Corporate; long-term borrowings Rs 82.84 crore, rating ICRA BB+. | [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; long-term borrowings Rs 82.84 crore, rating ICRA BB+.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/31ff3fb1-688a-463c-9714-6c50f10d1af7.pdf) |
| 3 Feb - Board meeting 11 Feb 2026 to approve unaudited results for quarter ended 31.12.2025; trading window closed 01.01–16.02.2026. | [Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended 31.12.2025. 3 Feb - Board meeting 11 Feb 2026 to approve unaudited results for quarter ended 31.12.2025; trading window closed 01.01–16.02.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b00785f4-bc31-4ecc-b7a1-b9627296da90.pdf) |
| 22 Jan - Submission of newspaper ad pertaining to Q3 results published in Business Standard & Vishwavani on 17-01-2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jan - Submission of newspaper ad pertaining to Q3 results published in Business Standard & Vishwavani on 17-01-2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d374a30d-f7c8-49b0-afeb-e772dc3aba4a.pdf) |
| 16 Feb - Newspaper publication of Unaudited financial results for the quarter ended 31.12.2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Newspaper publication of Unaudited financial results for the quarter ended 31.12.2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2febd85a-699e-4d32-a54f-ef13b89be67d.pdf) |
| 15 Jan - Unaudited Q3/9M results ended 31 Dec 2025: Q3 revenue Rs10,137.11 lakh; Q3 profit Rs237.27 lakh. | [SIPM UFR 31St Dec 2025 For The Quarter / 31St Dec 2025 15 Jan - Unaudited Q3/9M results ended 31 Dec 2025: Q3 revenue Rs10,137.11 lakh; Q3 profit Rs237.27 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00f5e48e-dc71-46f6-8231-8037d792ea49.pdf) |
| 15 Jan - Approved unaudited Q3/9M results ended 31/12/2025; Q3 revenue Rs10,144.19 lakh; limited review. | [Board Meeting Outcome for Unaudited Financial Results For The Quarter / 9 Months Ended 31St Dec 2025 15 Jan - Approved unaudited Q3/9M results ended 31/12/2025; Q3 revenue Rs10,144.19 lakh; limited review.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3fa8d5a-0795-4b8c-9d61-b9b889c64bb3.pdf) |
| 12 Jan - Submission of Compliance certificate under Reg 74(5) of SEBI (DP) Regulations for the Qtr ended 31st December 2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan - Submission of Compliance certificate under Reg 74(5) of SEBI (DP) Regulations for the Qtr ended 31st December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3847c478-06b9-40d0-9992-441e5a7a1604.pdf) |
| 11 Feb - Approved unaudited Q3 (31 Dec 2025) standalone and consolidated results; standalone net profit Rs194.62 lakh | [Board Meeting Outcome for Outcome Of The Board Meeting_ Standalone And Consolidated Financial Results For The Quarter Ended 31.12.2025. 11 Feb - Approved unaudited Q3 (31 Dec 2025) standalone and consolidated results; standalone net profit Rs194.62 lakh](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09acae17-8acf-4cbc-ba43-7b14a1b04f2e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_BALPHARMA_2010_2011_16122011102323.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b01f19bc-25b0-4203-89d9-9935cdf36795.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ebd35dbb-fbf8-411f-a7b8-c464ca9e944b.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70bcdb41-c60f-4a73-ad38-9ec852bae1bc.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ceb3244-d45c-4743-8434-700ef909db10.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3bdcbe9b-8fba-4ccb-963a-fb6e147278d2.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bdf50f1c-d9f2-4f5e-848a-0245d9e3149e.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/524824/74728524824.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/516108/74912516108.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/524824/70382524824_30_09_21.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2022 | [Concall - Sep 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9ffac35-8f79-45a2-b88b-9a88e106e075.pdf) |
| Sep 2022 | [Concall - Sep 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4561806c-b55c-4560-aaec-2d919e9d735e.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25d93a79-e12d-405b-bc0f-b6b1e2a02d68.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 2026-09-13T19:38:49.578Z.