---
title: "Flex Foods Ltd (523672) — Share Price, Financials & Analysis"
symbol: "523672"
company: "Flex Foods Ltd"
canonical: "https://tapetide.com/stocks/523672"
isin: "INE954B01018"
nse_symbol: "FLEXFOODSLTD"
bse_code: "523672"
sector: "FMCG"
industry: "Agricultural Products"
market_cap_cr: 59.78
generated_at: "2026-09-13T19:38:52.324Z"
---

# Flex Foods Ltd (523672)

Canonical page: https://tapetide.com/stocks/523672

## Company

- **NSE Symbol:** FLEXFOODSLTD
- **BSE Code:** 523672
- **ISIN:** INE954B01018
- **Sector:** FMCG
- **Industry:** Agricultural Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** flexfoodsltd.com

## About

Incorporated in 1990, Flex Foods Ltd deals in Mushrooms, Herbs, Fruits & Vegetables in Freeze Dried, Air Dried and Individually Quick -Frozen form[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:43.739682Z.

- **Market Cap:** ₹59.78 Cr
- **Classification:** Microcap
- **P/E (reported):** -2.8
- **EPS (TTM):** ₹-16.18
- **EPS (reported):** ₹0
- **Book Value:** ₹7.41
- **Price to Book:** 6.21
- **Dividend Yield:** 1.09%
- **ROE:** -344.81%
- **ROCE:** -7.37%
- **Debt to Equity:** 34.22
- **Revenue (yearly):** ₹193 Cr
- **Net Income:** ₹-31.8 Cr
- **EBITDA:** ₹1 Cr
- **52-Week High:** ₹68.9
- **52-Week Low:** ₹29.36
- **RSI (14):** 54.06

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 11.49 | 9% |
| growth | 86.35 | 9% |
| momentum | 77.25 | 12% |
| ownership | 50 | 24% |
| quality | 48.77 | 22% |
| valuation | 38.18 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Stock is trading at 6.32 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -52.2% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -71.8% | 124.68% | 43.23% |
| ebitda margin growth | 29.17% | -121.29% | -136.3% | -97.03% |
| net income growth | 48% | -2.15% | 22.78% | -449.45% |
| revenue growth | 6% | 28.32% | 18% | 13% |
| roce | — | -10.01% | 13.04% | -2.98% |
| roe | — | 343.54% | -152.34% | — |

## 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 | 22.66 | 27.9 | 44.44 | 39.67 | 36.69 | 28.1 | 45.51 | 40.49 | 49.18 | 45.94 | 56.28 | 59.74 |
| Expenses | 24.47 | 38.23 | 37.95 | 37.87 | 45.43 | 28.51 | 42.28 | 46.67 | 50.33 | 45.39 | 49.46 | 50.86 |
| Operating Profit | -1.81 | -10.33 | 6.49 | 1.8 | -8.74 | -0.41 | 3.23 | -6.18 | -1.15 | 0.55 | 6.82 | 8.88 |
| OPM % | -7.99 | -37.03 | 14.6 | 4.54 | -23.82 | -1.46 | 7.1 | -15.26 | -2.34 | 1.2 | 12.12 | 14.86 |
| Other Income | 0.03 | 0.04 | 0.31 | 0.07 | 0.04 | 0.05 | 0.22 | 0.07 | 0.38 | 0.12 | 0.41 | 0.37 |
| Interest | 3.34 | 4.87 | 5.59 | 5.08 | 6.17 | 5.71 | 5.84 | 6.57 | 6.4 | 6.5 | 5.96 | 6.52 |
| Depreciation | 4.22 | 4.22 | 4.15 | 4.14 | 4.2 | 4.19 | 4.13 | 4.42 | 4.47 | 4.47 | 4.35 | 4.38 |
| Profit before tax | -9.34 | -19.38 | -2.94 | -7.35 | -19.07 | -10.26 | -6.52 | -17.1 | -11.64 | -10.3 | -3.08 | -1.65 |
| Tax % | -26.23 | -23.53 | -40.48 | -25.44 | -25.96 | -25.34 | -19.63 | -24.21 | -27.15 | -23.69 | -19.16 | -20 |
| Net Profit | -6.89 | -14.82 | -1.75 | -5.48 | -14.12 | -7.66 | -5.24 | -12.96 | -8.48 | -7.86 | -2.49 | -1.32 |
| EPS in Rs | -5.53 | -11.9 | -1.41 | -4.4 | -11.34 | -6.15 | -4.21 | -10.41 | -6.81 | -6.31 | -2 | -1.06 |

### 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 | 91 | 84 | 80 | 102 | 111 | 116 | 119 | 149 | 191 | 211 |
| Expenses | 74 | 67 | 69 | 82 | 92 | 105 | 122 | 153 | 191 | 196 |
| Operating Profit | 17 | 18 | 12 | 20 | 20 | 11 | -2 | -4 | 0 | 15 |
| OPM % | 19 | 21 | 15 | 20 | 18 | 10 | -1.9 | -2.8 | 0 | 7 |
| Other Income | 2 | 2 | 2 | 2 | 0 | 1 | 0 | 0 | 1 | 1 |
| Interest | 4 | 3 | 2 | 2 | 2 | 16 | 17 | 23 | 25 | 25 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 10 | 16 | 17 | 18 | 18 |
| Profit before tax | 11 | 11 | 6 | 15 | 12 | -14 | -35 | -43 | -42 | -27 |
| Tax % | 36 | 0 | -19 | 22 | 26 | -24 | -26 | -25 | -25 | — |
| Net Profit | 7 | 11 | 7 | 12 | 9 | -11 | -26 | -32 | -32 | -20 |
| EPS in Rs | 5.47 | 8.86 | 5.45 | 9.64 | 7.33 | -8.51 | -20.83 | -26.1 | -25.53 | -16.18 |
| Dividend Payout % | 0 | 11 | 14 | 10 | 14 | -6 | -2 | 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 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
| Reserves | 64 | 66 | 77 | 82 | 93 | 101 | 90 | 63 | 29 | -3 |
| Borrowings | 36 | 31 | 27 | 18 | 15 | 149 | 236 | 263 | 280 | 308 |
| Other Liabilities | 28 | 29 | 24 | 27 | 27 | 38 | 41 | 55 | 66 | 91 |
| Total Liabilities | 141 | 139 | 141 | 139 | 149 | 300 | 379 | 392 | 388 | 408 |
| Fixed Assets | 75 | 81 | 83 | 80 | 76 | 78 | 234 | 268 | 259 | 246 |
| CWIP | 1 | 0 | 1 | 1 | 1 | 124 | 49 | 2 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 65 | 58 | 57 | 58 | 72 | 99 | 96 | 122 | 129 | 161 |
| Total Assets | 141 | 139 | 141 | 139 | 149 | 300 | 379 | 392 | 388 | 408 |

### 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 | 10 | 18 | 17 | 17 | 13 | 2 | 7 | -13 | 12 | 3 |
| Cash from Investing Activity | -4 | -11 | -7 | -2 | -1 | -129 | -88 | -3 | -6 | -4 |
| Cash from Financing Activity | -12 | -12 | -8 | -13 | -5 | 130 | 68 | 15 | -6 | 1 |
| Net Cash Flow | -6 | -5 | 2 | 1 | 7 | 3 | -13 | -1 | 0 | 0 |
| Free Cash Flow | 5 | 7 | 9 | 14 | 11 | -127 | -82 | -17 | 6 | -1 |
| CFO/OP | 66 | 125 | 100 | 140 | 80 | 30 | 69 | 601 | -281 | -10967 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 87 | 82 | 73 | 48 | 92 | 89 | 94 | 116 | 96 | 100 |
| Inventory Days | 590 | 389 | 681 | 671 | 278 | 257 | 602 | 641 | 342 | 330 |
| Days Payable | 288 | 178 | 210 | 245 | 100 | 139 | 315 | 362 | 228 | 274 |
| Cash Conversion Cycle | 389 | 294 | 544 | 474 | 269 | 207 | 380 | 395 | 211 | 155 |
| Working Capital Days | 48 | 71 | 66 | 70 | 71 | -30 | 12 | -18 | -83 | -103 |
| ROCE % | 14 | 13 | 13 | 7 | 15 | 8 | 1 | -5 | -6 | -5 |

## 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 | 59.85% | 59.85% | 59.85% | 59.85% | 59.85% | 59.85% | 59.85% | 59.85% | 59.85% | 59.85% | 59.85% | 59.85% |
| 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 | 32.01% | 32.07% | 28.76% | 28.32% | 28.3% | 31.63% | 31.18% | 31.3% | 31.08% | 31.05% | 31.35% | 30.28% |
| Others | 8.14% | 8.08% | 11.39% | 11.83% | 11.85% | 8.52% | 8.97% | 8.85% | 9.07% | 9.1% | 8.8% | 9.87% |
| No. of Shareholders | 11579 | 10780 | 10162 | 9612 | 9651 | 9471 | 9474 | 9473 | 9491 | 9328 | 9256 | 9186 |

## 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) | 46.86 | Sell |
| EMA (10) | 46.59 | Buy |
| SMA (20) | 46.25 | Buy |
| EMA (20) | 46.2 | Buy |
| SMA (50) | 44.7 | Buy |
| EMA (50) | 45.2 | Buy |
| SMA (100) | 43.79 | Buy |
| EMA (100) | 44.49 | Buy |
| SMA (200) | 43.83 | Buy |
| EMA (200) | 45.19 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.15 | Neutral |
| MACD (12,26,9) | 0.56 | Sell |
| Stochastic (14,3,3) | 34.3 | Neutral |
| ADX (14) | 29.51 | Buy |
| Williams %R (14) | -56.93 | Neutral |
| ATR (14) | 3.1 | High Volatility |
| ROC (12) | 0.8 | Buy |
| Stoch RSI (14) | 27.74 | Neutral |
| UO (7,14,28) | 40.92 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-23 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc99a9c6-bce4-4778-970f-94fc92e7a83f.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c987392-c910-4026-a389-b0244f4a4f20.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Unaudited Financial Results Of The Company For The Quarter Ended 30Th June 2026 Along With Limited Review Report Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=318835af-0e4a-4b0f-8c10-46f96b8ddc5d.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Board Meeting Intimation For Unaudited Financial Results Of The Company For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60f54d53-9adc-416d-bbe3-d4215a917f53.pdf) |
| 2026-07-16 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84904f57-2a8c-483b-9b84-67582c2cae87.pdf) |
| 2026-07-16 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a552825-13d6-42af-af0e-c248be1b8fd5.pdf) |
| 2026-07-16 | [Regulation 44(3) Of SEBI (LODR) Regulations 2015 - Voting Results Of 36Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a70f8b0-cd8b-41b4-a976-f4a709169307.pdf) |
| 2026-07-16 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d8894bd-6b07-436b-b801-4a1e5a28faec.pdf) |
| 2026-07-07 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=faa9ccab-d297-471c-9125-945aae71a9bc.pdf) |
| 2026-06-23 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=718915fc-9fba-47ff-a085-ccdf9429af7d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Unaudited Financial Results Of The Company For The Quarter Ended 30Th June 2026 Along With Limited Review Report Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ad2f222-7974-4b92-b350-0b8b00607683.pdf) |
| 2026-05-19 | [Audited Financial Results Of The Company For The Quarter & Year Ended 31St March 2026 Together With Auditors Reports Of The Statutory Auditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9daabf1c-eb49-41c9-9050-6e6790ee4ed3.pdf) |
| 2026-02-06 | [Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December 2025 Along With Limited Review Report Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e66f78d2-ecba-4ada-ac5e-002ce0a344c6.pdf) |
| 2025-11-12 | [Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30Th September 2025 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4bbdb81-beb9-44be-9d37-b9ff864fa9b6.pdf) |
| 2025-08-12 | [Unaudited Financial Results For The Quarter Ended 30Th June 2025 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af006f3c-03a4-49a7-979a-28c673f0e1ff.pdf) |
| 2025-05-16 | [Audited Financial Results Of The Company For The Quarter & Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d82f8c7-0376-44ae-83b8-6fa1cce8b9cb.pdf) |
| 2025-02-10 | [Unaudited Financial Results For The Quarter Ended 31St December 2024 Along With The Limited Review Report Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8dba7b8c-250b-4a16-9550-42a0bbcf7904.pdf) |
| 2024-11-12 | [Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2024 Along With The Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c2a42eb-533c-4546-82e3-52f18ab31f86.pdf) |
| 2024-08-09 | [Unaudited Financial Results For The Quarter Ended 30Th June, 2024 Along With The Limited Review Report Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f562789-2201-44b9-9e49-ebc756139380.pdf) |
| 2024-05-27 | [Audited Financial Results For The Financial Year Ended 31St March, 2024 And Auditors'' Report On The Quarterly & Year-To-Date Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=738b1bda-9059-4134-af9e-74d38969ff5b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Mr. Shivraj Choudhary appointed Vice President (Operations) at Hosur plant, effective April 22, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 9h - Mr. Shivraj Choudhary appointed Vice President (Operations) at Hosur plant, effective April 22, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/01b724d7-b615-48ec-8468-4bcd7646f527.pdf) |
| 8 Jan - RTA certificate (05 Jan 2026) confirming dematerialisation processing for quarter ended 31 Dec 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - RTA certificate (05 Jan 2026) confirming dematerialisation processing for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0084ea2c-6eb3-4863-9b5e-ee6fcedbc48a.pdf) |
| 8 Apr - Flex Foods clarified no pending price-sensitive information; movement is market-driven. | [Clarification On Price Movement 8 Apr - Flex Foods clarified no pending price-sensitive information; movement is market-driven.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/52234175-021c-4f1a-8f56-6dbadc2908bc.pdf) |
| 7 Feb - Submission of copy of Newspaper Publication with Quick Response (QR) Code enabling stakeholders to access the Un-audited Financial Results (Consolidated and Standalone) and the Limited … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Feb - Submission of copy of Newspaper Publication with Quick Response (QR) Code enabling stakeholders to access the Un-audited Financial Results (Consolidated and Standalone) and the Limited …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ef410d6-386d-4d3c-804a-8a856d54e5f7.pdf) |
| 6 Feb - Q3 revenue Rs4,594L; Q3 loss before tax Rs1,030L; 9M loss Rs3,904L (31 Dec 2025). | [Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2025 Along With Limited Review Report Thereon 6 Feb - Q3 revenue Rs4,594L; Q3 loss before tax Rs1,030L; 9M loss Rs3,904L (31 Dec 2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e66f78d2-ecba-4ada-ac5e-002ce0a344c6.pdf) |
| 6 Feb - Q3 and 9M FY26 unaudited results: Q3 loss ₹786 lakh; 9M loss ₹2,930 lakh; Limited Review. | [Board Meeting Outcome for Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2025 Along With Limited Review Report Thereon 6 Feb - Q3 and 9M FY26 unaudited results: Q3 loss ₹786 lakh; 9M loss ₹2,930 lakh; Limited Review.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/727980c4-6e37-4848-8ccb-2667f8354e5d.pdf) |
| 6 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter Ended 31st March, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Quarter Ended 31st March, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0e147fa-f828-4068-84bb-4f4893b3f4f6.pdf) |
| 5 Feb - Reconstituted Audit, Nomination, Stakeholders committees; Finance Committee dissolved effective Feb 05, 2026. | [Reconstitution Of Committees Of The Board 5 Feb - Reconstituted Audit, Nomination, Stakeholders committees; Finance Committee dissolved effective Feb 05, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9a3cfa4-cd43-48a7-add3-6ca36b8eb1f1.pdf) |
| 5 Feb - Dharani Raghurama resigned as WTD and CFO on Feb 05, 2026; Raj Kumar Sehgal appointed CFO and WTD (5-year term). | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 5 Feb - Dharani Raghurama resigned as WTD and CFO on Feb 05, 2026; Raj Kumar Sehgal appointed CFO and WTD (5-year term).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3743bd74-6f43-4420-918b-28f97da45461.pdf) |
| 5 Feb - CFO Dharani resigns; Raj Kumar Sehgal appointed CFO and Whole‑Time Director effective Feb 05, 2026 (5-year term). | [Announcement under Regulation 30 (LODR)-Change in Management 5 Feb - CFO Dharani resigns; Raj Kumar Sehgal appointed CFO and Whole‑Time Director effective Feb 05, 2026 (5-year term).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b71c90b7-9fe5-4d09-bfc0-cf3b04fd812b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_2646_CTE_2011_2012_22102013160005.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1893cc5d-7e10-4ca8-b3a8-617fba689b9e.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5d781419-659f-4b47-90c8-fea70e11f86e.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af7a87fa-8f1f-47b8-8ed2-481903e5039b.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9a219d1-5aeb-4f3f-9f88-0002ab75283a.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3bef2cfd-be2f-429b-a695-4d8fae50fd91.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2140a2fa-5acf-4b96-87e4-713ce99d4858.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7eb69cb0-2540-44c2-b1b6-c3cab5fddb97.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532801/75815532801.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523672/73535523672.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2016 | [Concall - Nov 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C4671238_315C_45A7_A6DD_934CBA4FCEE2_135834.pdf) |
| Nov 2015 | [Concall - Nov 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63FEADE1_19C4_4F90_806A_2C5D12E1B030_163455.pdf) |
| May 2017 | [Concall - May 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/834676f8-3508-42ef-997b-c9ca1e5bf97a.pdf) |
| May 2016 | [Concall - May 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96091844_3997_4647_B802_0CC69F7D072F_162047.pdf) |
| Jul 2016 | [Concall - Jul 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=887EA48E_BBAF_4D8A_8DCB_C7D9A07057AA_085715.pdf) |
| Feb 2017 | [Concall - Feb 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5FACA9B0_59AF_4E1B_984A_1046D3A72005_195741.pdf) |
| Feb 2016 | [Concall - Feb 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9BBF7373_0DF9_46A6_99EF_02316B8F16CC_131802.pdf) |
| Dec 2015 | [Concall - Dec 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9A31E813_1033_4AD4_9378_48255B5728A6_140840.pdf) |

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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 2026-09-13T19:38:52.324Z.