---
title: "Spel Semiconductor Ltd (517166) — Share Price, Financials & Analysis"
symbol: "517166"
company: "Spel Semiconductor Ltd"
canonical: "https://tapetide.com/stocks/517166"
isin: "INE252A01019"
nse_symbol: "SPELS"
bse_code: "517166"
sector: "Industrials"
industry: "Electrical Equipment"
market_cap_cr: 676.17
generated_at: "2026-09-13T19:38:14.890Z"
---

# Spel Semiconductor Ltd (517166)

Canonical page: https://tapetide.com/stocks/517166

## Company

- **NSE Symbol:** SPELS
- **BSE Code:** 517166
- **ISIN:** INE252A01019
- **Sector:** Industrials
- **Industry:** Electrical Equipment
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** spel.com

## About

Incorporated in 1984, SPEL Semiconductor Ltd is in the business of wafer sort, assembly, test and drop-shipment services of IC chips[1]

## Latest Price

- **Price:** ₹145.65
- **Change:** 0 (0%)
- **Open:** ₹147.33
- **Day High:** ₹148.45
- **Day Low:** ₹145
- **Previous Close:** ₹145.65
- **Volume:** 0
- **As Of:** 2026-09-09T09:59:31+00:00

## Key Fundamentals

Observed at 2026-09-09T04:45:00.577118Z.

- **Market Cap:** ₹676.17 Cr
- **Classification:** Microcap
- **P/E (reported):** -34.4
- **EPS (TTM):** ₹-4.24
- **Book Value:** ₹0.66
- **Price to Book:** 221.53
- **Dividend Yield:** 0%
- **ROE:** -15.1%
- **ROCE:** -7.07%
- **Debt to Equity:** 7
- **Revenue (yearly):** ₹37.6 Cr
- **Net Income:** ₹-8.8 Cr
- **EBITDA:** ₹0.6 Cr
- **52-Week High:** ₹157
- **52-Week Low:** ₹140.1
- **RSI (14):** 44.14

## Tapetide Score

- **Score:** 33 / 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:** 4 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 11.66 | 9% |
| growth | 4.37 | 9% |
| momentum | 39.44 | 12% |
| ownership | 50 | 24% |
| quality | 42.7 | 22% |
| valuation | 24.22 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Stock is trading at 220 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -17.0% over past five years.
- Company has a low return on equity of -28.1% over last 3 years.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -123.28% | -367.47% | -217.37% |
| ebitda margin growth | -54.05% | -105.2% | -93.99% | — |
| net income growth | -1000% | -55.56% | — | 2% |
| revenue growth | -32.03% | 40.82% | -17% | -17% |
| roce | -112.84% | -73.47% | -312.95% | — |
| roe | — | -48.74% | -14.98% | — |

## 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 | 2.21 | 2.28 | 2.38 | 2.13 | 1.39 | 1.89 | 2.45 | 1.93 | 1.53 | 0.63 | 2.18 | 0.08 |
| Expenses | 3.35 | 3.21 | 2.78 | 3.02 | 2.74 | 2.58 | 5.2 | 2.48 | 2.17 | 2.26 | 0.43 | 0.92 |
| Operating Profit | -1.14 | -0.93 | -0.4 | -0.89 | -1.35 | -0.69 | -2.75 | -0.55 | -0.64 | -1.63 | 1.75 | -0.84 |
| OPM % | -51.58 | -40.79 | -16.81 | -41.78 | -97.12 | -36.51 | -112.24 | -28.5 | -41.83 | -258.73 | 80.28 | -1050 |
| Other Income | -1.43 | -2.07 | -2.29 | -1.32 | -1.88 | -2.86 | -4.85 | -2.74 | -10.87 | -4.04 | 1.08 | 0.4 |
| Interest | 0.54 | 0.68 | 0.68 | 0.71 | 0.76 | 0.63 | 0.79 | 2 | 0.67 | 0.6 | 1.78 | 0.62 |
| Depreciation | 0.71 | 0.73 | 0.73 | 0.67 | 0.67 | 0.67 | -0.02 | 0.29 | 0.29 | 0.29 | 0.28 | 0.28 |
| Profit before tax | -3.82 | -4.41 | -4.1 | -3.59 | -4.66 | -4.85 | -8.37 | -5.58 | -12.47 | -6.56 | 0.77 | -1.34 |
| Tax % | -2.36 | -3.17 | 16.34 | -0.28 | -0.43 | -0.62 | -4.54 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -3.73 | -4.26 | -4.76 | -3.58 | -4.65 | -4.82 | -8 | -5.59 | -12.47 | -6.56 | 0.77 | -1.34 |
| EPS in Rs | -0.81 | -0.92 | -1.03 | -0.78 | -1.01 | -1.05 | -1.73 | -1.21 | -2.7 | -1.42 | 0.17 | -0.29 |

### 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 | 42 | 26 | 37 | 16 | 9 | 11 | 12 | 8 | 6 | 4 |
| Expenses | 44 | 34 | 31 | 22 | 12 | 7 | 14 | 13 | 7 | 6 |
| Operating Profit | -3 | -8 | 6 | -6 | -2 | 4 | -2 | -5 | -1 | -1 |
| OPM % | -7 | -30 | 16 | -35 | -24 | 35 | -16 | -68 | -15 | -31 |
| Other Income | 4 | 5 | 2 | 3 | -4 | -2 | -9 | -11 | -17 | -13 |
| Interest | 3 | 3 | 1 | 1 | 1 | 3 | 3 | 3 | 5 | 4 |
| Depreciation | 6 | 5 | 5 | 4 | 5 | 4 | 3 | 2 | 1 | 1 |
| Profit before tax | -8 | -11 | 1 | -8 | -12 | -5 | -16 | -22 | -24 | -20 |
| Tax % | 2 | -2 | 21 | 2 | 2 | -32 | 3 | -2 | 0 | — |
| Net Profit | -8 | -11 | 1 | -9 | -13 | -3 | -17 | -21 | -24 | -20 |
| EPS in Rs | -1.84 | -2.33 | 0.23 | -1.87 | -2.77 | -0.67 | -3.64 | -4.56 | -5.17 | -4.24 |
| 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 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
| Reserves | 49 | 41 | 31 | 33 | 26 | 7 | 3 | -13 | -33 | -43 |
| Borrowings | 28 | 25 | 22 | 28 | 30 | 31 | 25 | 28 | 31 | 21 |
| Other Liabilities | 51 | 58 | 64 | 75 | 64 | 88 | 89 | 85 | 84 | 91 |
| Total Liabilities | 175 | 170 | 163 | 182 | 166 | 172 | 164 | 146 | 128 | 115 |
| Fixed Assets | 133 | 126 | 122 | 117 | 113 | 87 | 78 | 75 | 72 | 74 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 42 | 44 | 41 | 65 | 54 | 85 | 86 | 71 | 56 | 41 |
| Total Assets | 175 | 170 | 163 | 182 | 166 | 172 | 164 | 146 | 128 | 115 |

### 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 | -29 | -6 | 4 | -7 | -2 | -22 | -3 | -9 | -2 | 13 |
| Cash from Investing Activity | 26 | 7 | 1 | 1 | 1 | 21 | 12 | 9 | 1 | 2 |
| Cash from Financing Activity | 8 | -6 | -5 | 5 | 1 | 1 | -8 | 0 | 0 | -15 |
| Net Cash Flow | 6 | -6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -29 | -6 | 4 | -7 | -2 | -2 | 7 | -1 | -2 | 13 |
| CFO/OP | 1356 | 227 | -51 | -112 | 42 | 972 | -78 | 453 | 31 | -1380 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 159 | 18 | 60 | 319 | 926 | 41 | 61 | 36 | 36 | 34 |
| Inventory Days | — | — | — | — | — | — | — | 2838 | 2947 | 716 |
| Days Payable | — | — | — | — | — | — | — | 343 | 449 | 788 |
| Cash Conversion Cycle | 159 | 18 | 60 | 319 | 926 | 41 | 61 | 2531 | 2534 | -38 |
| Working Capital Days | -34 | 11 | -63 | 52 | 92 | 632 | 465 | 31 | -784 | -2053 |
| ROCE % | -6 | -6 | -8 | 3 | -4 | -6 | 9 | -5 | -11 | 0 |

## 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 | 59.17% | 59.17% | 59.17% | 59.17% | 59.17% | 59.17% | 59.17% | 59.17% | 59.17% | 59.17% | 59.17% | 59.17% |
| FIIs | 0% | 0% | 0.09% | 0.11% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 38.1% | 38.12% | 37.99% | 37.8% | 38.14% | 38.1% | 38.05% | 38.06% | 38.1% | 38.13% | 38.19% | 38.22% |
| Others | 2.71% | 2.69% | 2.73% | 2.89% | 2.65% | 2.69% | 2.73% | 2.72% | 2.69% | 2.65% | 2.6% | 2.56% |
| No. of Shareholders | 62288 | 65538 | 73794 | 77553 | 88911 | 92078 | 97385 | 98367 | 109590 | 110132 | 109999 | 110209 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 7 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 148.63 | Sell |
| EMA (10) | 147.72 | Sell |
| SMA (20) | 148.07 | Sell |
| EMA (20) | 148.67 | Sell |
| SMA (50) | 152.78 | Sell |
| EMA (50) | 150.82 | Sell |
| SMA (100) | 153.63 | Sell |
| EMA (100) | 151.97 | Sell |
| SMA (200) | 151.4 | Sell |
| EMA (200) | 151.13 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.9 | Neutral |
| MACD (12,26,9) | -1.36 | Buy |
| Stochastic (14,3,3) | 38.64 | Neutral |
| ADX (14) | 9.16 | Neutral |
| Williams %R (14) | -67.16 | Neutral |
| ATR (14) | 5.54 | High Volatility |
| ROC (12) | -0.82 | Sell |
| Stoch RSI (14) | 48.72 | Neutral |
| UO (7,14,28) | 43.27 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ffa2897-1fee-477b-b2ba-bfc37a5fe6e5.pdf) |
| 2026-08-21 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b404cb71-0bd9-4e1f-8741-c5ff2965260a.pdf) |
| 2026-08-21 | [Intimation Of AGM Notice For The FY 25-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecee0656-2df8-4ad7-b1d3-028083ed5cd7.pdf) |
| 2026-08-20 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 20.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7908b677-fcc3-44d9-830d-70e0b080bf98.pdf) |
| 2026-08-20 | [Intimation Of The Annual General Meeting Of The Company To Be Held On September 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3d05108-2452-4219-8b97-7c95c598c7b6.pdf) |
| 2026-08-17 | [Board Meeting Intimation for Considering And Approval Of Unaudited Standalone Financial Results Of The Company For The Quarter Ended Jun 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=74f91121-e7d9-4755-b10c-614a5ba28d61.pdf) |
| 2026-08-13 | [Intimation For Delay In Submission Of Unaudited Standalone Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05d5cf50-fcb0-4ba1-acc9-c34b0798e817.pdf) |
| 2026-07-29 | [Strategic Tripartite Mou With Calsoft And Natronix-India](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4eab6fe7-599a-4ad3-b632-f271b328781a.pdf) |
| 2026-07-27 | [Board Meeting Intimation for Consideration And Approval Of Tripartite Strategic Memorandum Of Understanding Signing With M/S Calsoft Chennai And M/S Natronix - India Chennai](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3a5f28d-df45-4b99-8e48-0ce38ab49ed9.pdf) |
| 2026-07-24 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2cf7f7a-6d66-447a-bf13-9bd72b91dbc8.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-20 | [Submission Of Unaudited Financial Results For The Quarter Ended 30.06.2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6e61b77-b2dd-41fd-a340-6b5dcae2b8ec.pdf) |
| 2026-05-19 | [AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31ST MARCH 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4978b294-c6ce-4c31-b54c-d7853935e1a1.pdf) |
| 2026-04-15 | [Results For The Quarter Ended 31St Dec 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d9fe606-a605-4e97-99f4-a59480c4bd97.pdf) |
| 2025-11-15 | [Results Of The Company For The Quarter Ended 30.9.2025 With Limited Review Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=426ef670-4ef2-4081-9508-2e445142586d.pdf) |
| 2025-11-14 | [Results For The Quarter Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1d0c34b-80d3-4225-8f2b-3c6235669a86.pdf) |
| 2025-09-17 | [30Th June 2025 Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=487c4f6c-700b-4678-b2ef-5347a06c3bf5.pdf) |
| 2025-08-13 | [Unaudited Financial Results For Quarter Ended June 30 2025 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77a4a0d6-6f57-47d6-8b21-1ca619f70337.pdf) |
| 2025-05-24 | [AUDITED RESULTS FOR THE QUARTER ENDED 31.3.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76a1f332-48ca-4f34-9baf-56d9d10ec6d6.pdf) |
| 2024-08-14 | [Unaudited Financial Results For Quarter Ended June 30 2024 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cfdf011c-ee55-466c-adba-31123de00181.pdf) |
| 2023-11-08 | [Results For Quarter Ended 30.9.2023 Uploaded Now With Signed Copy By Wholetime Director Mr. P.Balamurugan. No Other Change Is There.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47e104a7-4943-4318-b5d7-3c89b7d94937.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Board meets Apr 15, 2026 to approve Q3 results, AoA alteration, and preference share terms. | [Board Meeting Intimation for Board Meeting Intimation For Board Meeting To Consider Unaudited Quarterly Results For The Quarter Ended 31.12.2025 8 Apr - Board meets Apr 15, 2026 to approve Q3 results, AoA alteration, and preference share terms.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e8b7f021-0538-49a0-93a7-337c599d9bfc.pdf) |
| 3 Apr - Promoter Valli Arun disclosed no additional encumbrance on SPEL Semiconductor shares for FY2026. | [Compliance On 31 (4) Of SEBI SAST Regulations 3 Apr - Promoter Valli Arun disclosed no additional encumbrance on SPEL Semiconductor shares for FY2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/397ba946-f611-41b7-b307-45a2a23a6350.pdf) |
| 20 Apr - Newspaper advertisement for Unaudited Financial Results for the Quarter ended 31st December, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Apr - Newspaper advertisement for Unaudited Financial Results for the Quarter ended 31st December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd8e5584-0232-4245-90a5-8ee311fb64fd.pdf) |
| 16h - Newspaper advertisement for Unaudited Financial Results for the Quarter ended 31st December, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16h - Newspaper advertisement for Unaudited Financial Results for the Quarter ended 31st December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fd8e5584-0232-4245-90a5-8ee311fb64fd.pdf) |
| 15 Apr - Certificate under Reg 74(5) of the SEBI (DP) Regulations 2018 for the period ended 31.03.2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr - Certificate under Reg 74(5) of the SEBI (DP) Regulations 2018 for the period ended 31.03.2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7de1779a-0683-4613-854a-a310ce85812b.pdf) |
| 15 Apr - Board approved Dec 31, 2025 results and sale of 3.8 acres land amid liquidity stress. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 15.04.2026 For Considering Unaudited Financial Results For The Quarter Ended 31St Dec 2025 15 Apr - Board approved Dec 31, 2025 results and sale of 3.8 acres land amid liquidity stress.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6639ffbd-e802-44e3-83c0-fa0bf2527c9a.pdf) |
| 14 Jan - Factory manufacturing suspended from Jan 14, 2026 due to working capital shortage; seeking asset sales, debt, government schemes. | [Intimation Of Temporary Suspension Of Production 14 Jan - Factory manufacturing suspended from Jan 14, 2026 due to working capital shortage; seeking asset sales, debt, government schemes.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/90a33b75-f120-44ae-9f92-5181d3d92705.pdf) |
| 13 Jan - Cameo confirmed dematerialisation and register updates for quarter ended Dec 31, 2025 under Regulation 74(5). | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - Cameo confirmed dematerialisation and register updates for quarter ended Dec 31, 2025 under Regulation 74(5).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/625a63b4-269d-4181-81a9-4856e64d3f9b.pdf) |
| 13 Feb - Plant suspended from Jan 14, 2026; unable to file unaudited Q3 results for Dec 31, 2025. | [Intimation Of Delay In Financial Results For Quarter Ended 31St December 2025 13 Feb - Plant suspended from Jan 14, 2026; unable to file unaudited Q3 results for Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d69ebd3-59fa-4e6e-aaf2-21a9129d0bdf.pdf) |
| — | [Results For The Quarter Ended 31St Dec 2025 15 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d9fe606-a605-4e97-99f4-a59480c4bd97.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/561a0820-7e33-4cc7-9a4f-27ad46990e9e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e734ec83-4e4d-4cdb-9389-297357fabbe8.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46db9e5a-2ef3-489b-8700-dd42550eb751.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc0de4b7-9282-48da-9f83-eebdace7ad8c.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/517166/72755517166.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/517166/68242517166.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/517166/5171660319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/517166/5171660318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/517166/5171660317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/517166/5171660316.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 2026-09-13T19:38:14.890Z.