---
title: "Aditya Forge Ltd (522150) — Share Price, Financials & Analysis"
symbol: "522150"
company: "Aditya Forge Ltd"
canonical: "https://tapetide.com/stocks/522150"
isin: "INE281H01013"
bse_code: "522150"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T19:21:55.963Z"
---

# Aditya Forge Ltd (522150)

Canonical page: https://tapetide.com/stocks/522150

## Company

- **BSE Code:** 522150
- **ISIN:** INE281H01013
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-20
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** adityaforge.com

## About

Aditya Forge is engaged In the business of Manufacturing and Trading of Forged Flanges, fittings and ancillary items.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 34.0%
- Contingent liabilities of Rs.1.03 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -98% | -44% | 16% |
| revenue growth | -100% | — | — |

## 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 | 7.12 | 5.86 | 4.51 | 3.15 | 0.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 6.49 | 5.88 | 6.11 | 4.92 | 0.48 | 0.02 | 0.33 | 0.05 | 0.02 | 0.02 | 0.02 | 0.01 |
| Operating Profit | 0.63 | -0.02 | -1.6 | -1.77 | -0.37 | -0.02 | -0.33 | -0.05 | -0.02 | -0.02 | -0.02 | -0.01 |
| OPM % | 8.85 | -0.34 | -35.48 | -56.19 | -336.36 | — | — | — | — | — | — | — |
| Other Income | 0.01 | 0.01 | 6.32 | 0.17 | 9.99 | 0.07 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.17 | 0.1 | 2.25 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.1 | 0.03 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.37 | -0.14 | 2.44 | -1.61 | 9.62 | 0.05 | -0.33 | -0.05 | -0.02 | -0.02 | -0.02 | -0.01 |
| Tax % | 0 | 0 | 2.46 | 0 | 0 | 0 | 221.21 | 0 | 0 | 0 | -1150 | 0 |
| Net Profit | 0.37 | -0.15 | 2.38 | -1.61 | 9.62 | 0.05 | -1.07 | -0.05 | -0.02 | -0.02 | 0.21 | -0.01 |
| EPS in Rs | 0.86 | -0.35 | 5.52 | -3.74 | 22.33 | 0.12 | -2.48 | -0.12 | -0.05 | -0.05 | 0.49 | -0.02 |

### 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 | 13.75 | 20.62 | 18.05 | 9.42 | 21.58 | 33.23 | 25.07 | 3.26 | 0 | 0 |
| Expenses | 14.73 | 21.66 | 19.33 | 10.63 | 21.76 | 31.49 | 26.29 | 5.85 | 0.1 | 0.07 |
| Operating Profit | -0.98 | -1.04 | -1.28 | -1.21 | -0.18 | 1.74 | -1.22 | -2.59 | -0.1 | -0.07 |
| OPM % | -7.13 | -5.04 | -7.09 | -12.85 | -0.83 | 5.24 | -4.87 | -79.45 | — | — |
| Other Income | 0.65 | 1.56 | 0.75 | 0.25 | 0.11 | 0.02 | 6.35 | 10.33 | 0 | 0 |
| Interest | 0.14 | 0.47 | 0.53 | 0.45 | 0.37 | 0.8 | 2.49 | 0.01 | 0 | 0 |
| Depreciation | 0.66 | 0.48 | 0.49 | 0.32 | 0.25 | 0.25 | 0.14 | 0 | 0 | 0 |
| Profit before tax | -1.13 | -0.43 | -1.55 | -1.73 | -0.69 | 0.71 | 2.5 | 7.73 | -0.1 | -0.07 |
| Tax % | -15.04 | -27.91 | -7.1 | -3.47 | -5.8 | -5.63 | 15.2 | 9.44 | -230 | — |
| Net Profit | -0.95 | -0.3 | -1.44 | -1.66 | -0.64 | 0.75 | 2.12 | 6.99 | 0.13 | 0.16 |
| EPS in Rs | -2.2 | -0.7 | -3.34 | -3.85 | -1.49 | 1.74 | 4.92 | 16.22 | 0.3 | 0.37 |
| 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 | 4.31 | 4.31 | 4.31 | 4.31 | 4.31 | 4.31 | 4.31 | 4.31 | 4.31 | 4.31 |
| Reserves | -12.72 | -13.67 | -13.97 | -15.41 | -17.07 | -17.72 | -16.96 | -14.85 | -7.85 | -7.72 |
| Borrowings | 8.76 | 10.26 | 11.34 | 11.29 | 11.3 | 11.12 | 10.94 | 6.63 | 3.72 | 3.72 |
| Other Liabilities | 6.68 | 7.76 | 8.54 | 6.73 | 7.44 | 8.95 | 12.43 | 12.63 | 2.09 | 1.08 |
| Total Liabilities | 7.03 | 8.66 | 10.22 | 6.92 | 5.98 | 6.66 | 10.72 | 8.72 | 2.27 | 1.39 |
| Fixed Assets | 3.25 | 2.78 | 2.59 | 2.09 | 1.73 | 1.65 | 1.57 | 1.48 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0 | 0 | 0 |
| Other Assets | 3.62 | 5.72 | 7.47 | 4.67 | 4.09 | 4.85 | 8.99 | 7.24 | 2.27 | 1.39 |
| Total Assets | 7.03 | 8.66 | 10.22 | 6.92 | 5.98 | 6.66 | 10.72 | 8.72 | 2.27 | 1.39 |

### 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 | -2.03 | -1.12 | -1.06 | 0.18 | -0.19 | 0.27 | 0.18 | 5.75 | -9.9 | -0.36 |
| Cash from Investing Activity | 1.7 | -0.19 | -0.29 | 0.01 | 0.04 | -0.17 | -0.16 | 0.35 | 11.33 | 0 |
| Cash from Financing Activity | 0.38 | 1.5 | 1.08 | -0.05 | 0.01 | -0.05 | -0.02 | -4.32 | -2.92 | 0 |
| Net Cash Flow | 0.06 | 0.19 | -0.26 | 0.14 | -0.15 | 0.05 | -0.01 | 1.78 | -1.48 | -0.36 |
| Free Cash Flow | -0.33 | -1.31 | -1.35 | 0.2 | -0.16 | 0.27 | 0.01 | 5.92 | 1.76 | -0.36 |
| CFO/OP | 564 | 113 | 102 | -55 | -21 | -150 | 10 | -471 | 382 | 360 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 35.46 | 36.9 | 24.78 | 10.31 | 15.5 | 8.12 | 10.43 | 3.35 | 0 | — |
| Inventory Days | 7.62 | 57.33 | 78.18 | 52.91 | 80.08 | 45.16 | 72.48 | 61 | 0 | — |
| Days Payable | 112.94 | 195.3 | 135.1 | 120.51 | 147.09 | 98.65 | 93.44 | 92.11 | — | — |
| Cash Conversion Cycle | -69.87 | -101.08 | -32.14 | -57.29 | -51.51 | -45.37 | -10.52 | -27.76 | 0 | — |
| Working Capital Days | -92.52 | -112.82 | -75.23 | -108.39 | -257.28 | -124.49 | -72.17 | -101.77 | -57.1 | — |
| ROCE % | -146.43 | -169.6 | -8.53 | -106.95 | — | — | — | — | — | -40.82 |

## Shareholding Pattern

### annual

| Category | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 33.97% | 33.97% | 33.97% | 33.97% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 66.02% | 66.02% | 66.02% | 66.02% | 66.02% | 66.02% | 66.02% | 66.02% | 66.03% | 66.02% | 66.03% | 66.03% |
| No. of Shareholders | 4188 | 4188 | 4187 | 4182 | 4156 | 4155 | 4154 | 4156 | 4159 | 4160 | 4161 | 4161 |

### 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 | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% | 33.96% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 66.02% | 66.02% | 66.03% | 66.03% | 66.03% | 66.03% | 66.02% | 66.02% | 66.03% | 66.03% | 66.03% | 66.03% |
| No. of Shareholders | 4157 | 4156 | 4159 | 4160 | 4160 | 4160 | 4160 | 4160 | 4160 | 4160 | 4161 | 4161 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 112.02 | Sell |
| EMA (10) | 111.01 | Sell |
| SMA (20) | 117.94 | Sell |
| EMA (20) | 116.24 | Sell |
| SMA (50) | 128.28 | Sell |
| EMA (50) | 127.95 | Sell |
| SMA (100) | 148.24 | Sell |
| EMA (100) | 142.29 | Sell |
| SMA (200) | 164.07 | Sell |
| EMA (200) | 163.41 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 34.34 | Neutral |
| MACD (12,26,9) | -6.54 | Sell |
| Stochastic (14,3,3) | 8.75 | Buy |
| ADX (14) | 20.43 | Neutral |
| Williams %R (14) | -82.68 | Buy |
| ATR (14) | 5.99 | High Volatility |
| ROC (12) | -16.2 | Sell |
| Stoch RSI (14) | 34.7 | Neutral |
| UO (7,14,28) | 35.45 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=956f4ac0-7122-4fd3-983a-ac36d9cd15f0.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ceafd1b7-440d-412c-b54c-614dcda21ec8.pdf) |
| 2026-09-03 | [Submission Of Notice Of 33Rd Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78e23f46-9a75-40cb-8518-e0bbb8111cfd.pdf) |
| 2026-09-03 | [Intimation Of Book Closure Pursuant To Regulation 42 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed05c6f3-352f-4c5c-ad7c-3daf230ddecb.pdf) |
| 2026-08-31 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Today I.E 31/08/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d940cd0-1374-439f-ad2a-3f14b1d5bc9a.pdf) |
| 2026-08-31 | [Shifting Of Registered Office Of The Company From Vadodara To Ahmedabad Which Is Outside The Local Limit Of City Town And Village But Within The Jurisdication Of Same ROC](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=277dd324-8473-409e-bbf2-e11ec849f815.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83b1693c-7f9c-4b21-8e1d-1581df4848f2.pdf) |
| 2026-08-14 | [We Hereby Submit Unaudited Financial Result For The Quarter Ended On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94b1fea3-602a-4f5b-b281-61f268311532.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Board Meeting Scheduled To Be Held On Friday August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47eb5946-1f39-483f-96ed-c94a7d93b209.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0375640a-7462-4f29-b9f5-29e44c0b7f74.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended on 31.03.2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended on 31.03.2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd9ff4eb-b406-410e-9cc1-5fe18404082e.pdf) |
| 8h - Disclosure regarding allotment of 3,000 equity shares under the Company''s ESOP Plan 2021. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 8h - Disclosure regarding allotment of 3,000 equity shares under the Company''s ESOP Plan 2021.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5877dbc5-95b5-4338-bdc4-5815d1399e0d.pdf) |
| 7 Jan - Certificate Under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter Ended on December 31, 2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan - Certificate Under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter Ended on December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cace02f8-1416-4bcb-a2c1-3b806a741bcf.pdf) |
| 6 Feb - Disclosure regarding allotment of 10,000 equity shares on 6th February, 2026 pursuant to the Company''s ESOP Plan 2021. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 6 Feb - Disclosure regarding allotment of 10,000 equity shares on 6th February, 2026 pursuant to the Company''s ESOP Plan 2021.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a59ff35c-3b1e-48ed-a214-e719de4f9291.pdf) |
| 4 Feb - Disclosure regarding the newspaper advertisement published for Postal Ballot. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Feb - Disclosure regarding the newspaper advertisement published for Postal Ballot.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f7f8009-a23b-4444-9c0f-e3a6904249a5.pdf) |
| 3 Mar - Disclosure regarding allotment of 6,000 equity shares pursuant to the Company''s ESOP Plan 2021 on 3rd March 2026. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 3 Mar - Disclosure regarding allotment of 6,000 equity shares pursuant to the Company''s ESOP Plan 2021 on 3rd March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ca21208-a7cc-4bc1-a5cd-8017c124f933.pdf) |
| 27 Jan - Board meeting Feb 12, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed. | [Board Meeting Intimation for Board Meeting Scheduled To Be Held On Thursday, February 12, 2026 27 Jan - Board meeting Feb 12, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e27d96c2-63e1-494b-bc2e-e7cbf0ec3f9c.pdf) |
| 25 Feb - CPSI factory assets sold to PLNE for IDR155 billion; agreement 25 Feb, completion expected 31 Mar 2026. | [Announcement Under Regulation 30 (LODR) - Sale Of Assets Of PT CROMPTON PRIMA SWITCHGEAR INDONESIA ("CPSI"). 25 Feb - CPSI factory assets sold to PLNE for IDR155 billion; agreement 25 Feb, completion expected 31 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/875aa644-0a3c-406c-94d2-84127493bc64.pdf) |
| 24 Feb - Disclosure regarding allotment of 6,000 equity shares on 24th February, 2026 pursuant to the Company''s ESOP Plan 2021. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 24 Feb - Disclosure regarding allotment of 6,000 equity shares on 24th February, 2026 pursuant to the Company''s ESOP Plan 2021.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08a3d353-da60-42c6-8517-bf3e470ed484.pdf) |
| 2 Feb - Disclosure regarding schedule of meetings to be held on 4th, 5th & 25th February, 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Feb - Disclosure regarding schedule of meetings to be held on 4th, 5th & 25th February, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9a7c0a5-6f29-4285-ab21-d2bde4fd87c8.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/7c626ac2-13af-431f-ae7f-c294121dc44c.pdf) |
| May 2017 | [Concall - May 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/3c47d480-4ed0-419e-a272-ba79c5abdd84.pdf) |
| Jun 2018 | [Concall - Jun 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/bf8e373d-4b62-4911-a7a2-9a3e43a10e68.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95cb9e27-f58b-466a-9441-94b0a9a107d4.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8bc2c2bf-4758-4480-a772-5aa9315e7b65.pdf) |
| Feb 2019 | [Concall - Feb 2019](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/2/f11f6b91-c762-486d-8df3-ae73b93c9dfb.pdf) |
| Feb 2017 | [Concall - Feb 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=FD332F17_17EC_49CE_ADDE_9E6DE1126C58_121844.pdf) |
| Dec 2024 | [Concall - Dec 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bacdcd4a-8f65-4d6e-937f-ce59037d9814.pdf) |
| Dec 2016 | [Concall - Dec 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8EC825FE_6C59_4A23_8055_CEE32BCB650C_125706.pdf) |
| Aug 2019 | [Concall - Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/433c7c49-cc13-4932-a519-32da5e6933e5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from web | [Financial Year 2025 from web](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a922d40-52bf-4f12-8110-0aa61cffeb33.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/648caea3-3c7d-4f06-8e6a-f13d782da340.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b35a668-e274-446f-aff4-042d99f64626.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500093/73453500093.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500093/72908500093.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500093/67239500093.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/522150/68410522150.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/500093/5000930319.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/522150/68215522150.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/500093/5000930318.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 2026-09-13T19:21:55.963Z.