---
title: "Fortis Malar Hospitals Ltd (523696) — Share Price, Financials & Analysis"
symbol: "523696"
company: "Fortis Malar Hospitals Ltd"
canonical: "https://tapetide.com/stocks/523696"
isin: "INE842B01015"
nse_symbol: "FORTISMALARHOSPITALSLTD"
bse_code: "523696"
sector: "Healthcare Services"
industry: "Hospitals"
market_cap_cr: 83.21
generated_at: "2026-09-13T18:58:17.559Z"
---

# Fortis Malar Hospitals Ltd (523696)

Canonical page: https://tapetide.com/stocks/523696

## Company

- **NSE Symbol:** FORTISMALARHOSPITALSLTD
- **BSE Code:** 523696
- **ISIN:** INE842B01015
- **Sector:** Healthcare Services
- **Industry:** Hospitals
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** fortismalar.com

## About

Incorporated in 1992, Fortis Malar Hospital Ltd is in the business of setting up, managing, and operating a multi-speciality hospital.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:44:45.441405Z.

- **Market Cap:** ₹83.21 Cr
- **Classification:** Microcap
- **P/E (reported):** 644.1
- **EPS (TTM):** ₹0.07
- **EPS (reported):** ₹0
- **Book Value:** ₹18.32
- **Price to Book:** 2.46
- **Dividend Yield:** 94.26%
- **ROE:** 12.05%
- **ROCE:** 13.76%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹6.4 Cr
- **Net Income:** ₹4.1 Cr
- **EBITDA:** ₹4.7 Cr
- **52-Week High:** ₹76
- **52-Week Low:** ₹40.75
- **RSI (14):** 37.81

## Tapetide Score

- **Score:** 50 / 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:** 47.7 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 86.12 | 9% |
| growth | 91.98 | 9% |
| momentum | 30.05 | 12% |
| ownership | 50 | 24% |
| quality | 48.78 | 22% |
| valuation | 32.05 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -1.79% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -59.74% | 108.49% | -90.94% |
| ebitda margin growth | 100% | 249.58% | 754.08% | 542.96% |
| net income growth | 300% | 925% | 31% | 18% |
| revenue growth | -28.57% | 137.04% | -54.06% | -41.52% |
| roce | 81.82% | 620.42% | -72.27% | 12.62% |
| roe | -400% | 826.92% | 18.25% | -216.76% |

## 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 | 18.15 | 17.58 | 5.52 | 0 | 0 | 0 | 0 | 0.02 | 0.03 | 0 | 0 | 0 |
| Expenses | 18.23 | 18.67 | 5.04 | 0.88 | 0.47 | 0.41 | 0.37 | 0.35 | 0.41 | 0.33 | 0.55 | 0.33 |
| Operating Profit | -0.08 | -1.09 | 0.48 | -0.88 | -0.47 | -0.41 | -0.37 | -0.33 | -0.38 | -0.33 | -0.55 | -0.33 |
| OPM % | -0.44 | -6.2 | 8.7 | — | — | — | — | -1650 | -1266.67 | — | — | — |
| Other Income | 2.31 | 1.26 | 59.69 | 0.83 | 0.56 | 0.56 | 0.77 | 4.61 | 0.52 | 0.52 | 0.66 | 0.53 |
| Interest | 1.3 | 1.26 | 0.39 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2.72 | 2.91 | 1.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1.79 | -4 | 58.72 | -0.06 | 0.09 | 0.15 | 0.4 | 4.28 | 0.14 | 0.19 | 0.11 | 0.2 |
| Tax % | 0 | 0.25 | 7.95 | 0 | 0 | 93.33 | 10 | 3.04 | 92.86 | 89.47 | 136.36 | 25 |
| Net Profit | -1.79 | -4 | 54.05 | -0.06 | 0.09 | 0.01 | 0.36 | 4.15 | 0.01 | 0.02 | -0.05 | 0.15 |
| EPS in Rs | -0.96 | -2.13 | 28.84 | -0.03 | 0.05 | 0.01 | 0.19 | 2.21 | 0.01 | 0.01 | -0.03 | 0.08 |

### 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 | 149.19 | 144.59 | 111.87 | 69.24 | 86.18 | 85.95 | 59.01 | 0 | 0 | 0.03 |
| Expenses | 147.44 | 146.94 | 114.57 | 75.58 | 82.74 | 81.38 | 60.22 | 2.14 | 1.62 | 1.62 |
| Operating Profit | 1.75 | -2.35 | -2.7 | -6.34 | 3.44 | 4.57 | -1.21 | -2.14 | -1.62 | -1.59 |
| OPM % | 1.17 | -1.63 | -2.41 | -9.16 | 3.99 | 5.32 | -2.05 | — | -3140 | -5300 |
| Other Income | 8.44 | 10.03 | 11.11 | 15.1 | 7.39 | 6.64 | 64.88 | 2.72 | 6.35 | 2.23 |
| Interest | 0.38 | 0.51 | 7.81 | 7.2 | 6.56 | 6.07 | 4.3 | 0.01 | 0 | 0 |
| Depreciation | 4.21 | 4.38 | 12.53 | 12.88 | 12.53 | 12.15 | 9.36 | 0 | 0 | 0 |
| Profit before tax | 5.6 | 2.79 | -11.93 | -11.32 | -8.26 | -7.01 | 50.01 | 0.57 | 4.73 | 0.64 |
| Tax % | 40.54 | 26.16 | -25.48 | -30.48 | 0.12 | 120.97 | 9.36 | 31.58 | 12.47 | — |
| Net Profit | 3.32 | 2.06 | -8.89 | -7.87 | -8.27 | -15.48 | 45.32 | 0.39 | 4.14 | 0.13 |
| EPS in Rs | 1.78 | 1.1 | -4.74 | -4.2 | -4.41 | -8.26 | 24.18 | 0.21 | 2.21 | 0.07 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 175.93 | 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 | 18.68 | 18.7 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 | 18.76 |
| Reserves | 80.87 | 84.35 | 86.62 | 77.65 | 69.99 | 61.37 | 45.42 | 90.71 | 11.45 | 15.59 |
| Borrowings | 0 | 0 | 0 | 64.34 | 57.17 | 53.41 | 46.4 | 0 | 0 | 0 |
| Other Liabilities | 31.14 | 46.03 | 45.46 | 32.8 | 23.18 | 27.37 | 27.42 | 6.41 | 6.62 | 3.26 |
| Total Liabilities | 130.69 | 149.08 | 150.84 | 193.55 | 169.1 | 160.91 | 138 | 115.88 | 36.83 | 37.61 |
| Fixed Assets | 24.59 | 23.79 | 21.85 | 81.08 | 68.52 | 57.62 | 47.41 | 0 | 0 | 0 |
| CWIP | 0.61 | 0.72 | 0.73 | 0.09 | 0.36 | 0.06 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 105.49 | 124.57 | 128.26 | 112.38 | 100.22 | 103.23 | 90.59 | 115.88 | 36.83 | 37.61 |
| Total Assets | 130.69 | 149.08 | 150.84 | 193.55 | 169.1 | 160.91 | 138 | 115.88 | 36.83 | 37.61 |

### 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 | -8.58 | 8.79 | -15.97 | -0.3 | -0.86 | 6.84 | 5.61 | -7.3 | 1.54 | 0.62 |
| Cash from Investing Activity | 13.47 | -1.56 | 6.34 | 49.88 | -27.51 | 8.23 | 0.5 | 119.7 | -29.1 | 0.46 |
| Cash from Financing Activity | -0.97 | 0.05 | 0.15 | -11.57 | -7.25 | -10.1 | -12.65 | -10.85 | -79.65 | 0 |
| Net Cash Flow | 3.92 | 7.28 | -9.48 | 38.01 | -35.62 | 4.98 | -6.54 | 101.55 | -107.21 | 1.08 |
| Free Cash Flow | -12.14 | 5.11 | -18.68 | -3.2 | -1.39 | 5.56 | 3.73 | -9.6 | 1.54 | 0.62 |
| CFO/OP | -175 | 801 | 458 | -143 | 204 | 220 | 121 | 188 | 81 | 51 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 14.49 | 14.68 | 24.39 | 12.17 | 11.02 | 9.32 | 13.5 | 0 | — | — |
| Inventory Days | 28.37 | 22.3 | 18.04 | 22.44 | 42.32 | 39.89 | 31.71 | 0 | — | — |
| Days Payable | 173.78 | 277.45 | 257.22 | 323.72 | 373.05 | 428.91 | 584.69 | — | — | — |
| Cash Conversion Cycle | -130.92 | -240.47 | -214.79 | -289.11 | -319.72 | -379.7 | -539.47 | 0 | — | — |
| Working Capital Days | 152.64 | 131.84 | 155.53 | -55.01 | 114.55 | 21.6 | 183.8 | -8.35 | — | — |
| ROCE % | 5.02 | 5.9 | 3.24 | -3.04 | -7.15 | -1.25 | -0.77 | -3.29 | 0.83 | 14.65 |

## 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 | 62.71% | 62.71% | 62.71% | 62.71% | 62.71% | 62.71% | 62.71% | 62.71% | 62.71% | 62.71% | 62.71% | 62.71% |
| 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% | 0.07% | 0.07% | 0.07% | 0.07% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 22.74% | 26.37% | 28.27% | 29.72% | 29.63% | 29.43% | 29.53% | 29.51% | 29.59% | 29.46% | 29.5% | 29.5% |
| Others | 14.48% | 10.86% | 8.95% | 7.5% | 7.59% | 7.79% | 7.69% | 7.71% | 7.63% | 7.76% | 7.72% | 7.72% |
| No. of Shareholders | 8630 | 9790 | 10213 | 16452 | 18860 | 21547 | 26918 | 27832 | 27644 | 27022 | 26259 | 25734 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 45.32 | Sell |
| EMA (10) | 45.33 | Sell |
| SMA (20) | 46.46 | Sell |
| EMA (20) | 46.3 | Sell |
| SMA (50) | 48.68 | Sell |
| EMA (50) | 48.33 | Sell |
| SMA (100) | 51.46 | Sell |
| EMA (100) | 50.46 | Sell |
| SMA (200) | 53.66 | Sell |
| EMA (200) | 54.08 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 29.52 | Buy |
| MACD (12,26,9) | -1.26 | Sell |
| Stochastic (14,3,3) | 8.65 | Buy |
| ADX (14) | 22.58 | Neutral |
| Williams %R (14) | -98.36 | Buy |
| ATR (14) | 1.46 | High Volatility |
| ROC (12) | -6.86 | Sell |
| Stoch RSI (14) | 39.9 | Neutral |
| UO (7,14,28) | 37.09 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8411ce3d-e9de-452b-bafe-885075feae10.pdf) |
| 2026-08-04 | [Board Meeting Outcome for Approval Of Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d150038a-0ece-46c5-9fd2-f17f8e3c382e.pdf) |
| 2026-07-29 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e498e40-aa91-4f0a-b7af-85982f5dc2d0.pdf) |
| 2026-07-29 | [Proceedings Of The 35Th Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3971c69-df67-436e-a3e3-0892f1c0bc09.pdf) |
| 2026-07-29 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=158875d3-13e1-47ac-9d91-003f35469112.pdf) |
| 2026-07-28 | [Board Meeting Intimation for Approval Of Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7b44f0e-862b-4fcc-b80a-a6890921811f.pdf) |
| 2026-07-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37647ed6-c725-491a-8113-afcbd3261e9d.pdf) |
| 2026-07-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c1f94dc-7d55-4808-ba5c-b1a90daa7fdc.pdf) |
| 2026-07-02 | [Notice Of 35Th Annual Genral Meeting Scheduled To Be Held On July 29 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71f76dc9-dfd6-44a7-a402-ac91ac6fb066.pdf) |
| 2026-07-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b25d0f07-89ab-4e74-a155-6c042b0e850b.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-04 | [Un-Audited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bea5debf-aa42-4d4a-9990-9d54cd413129.pdf) |
| 2026-05-18 | [Audited Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbf1e00e-2e22-411a-9b49-b5f0087d7755.pdf) |
| 2026-02-06 | [Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Period Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2cbd437a-f8b2-46e2-b4e2-7cc474471217.pdf) |
| 2025-11-06 | [Un-Audited Financial Results For The Quarter And Half Year Ended On September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ac32410-2b2a-4f66-ab8f-ee0808db5554.pdf) |
| 2025-08-04 | [Un- Audited Financial Results For The Quarter Ended On June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95e25aa3-baee-463f-814c-6a6ba3e283d2.pdf) |
| 2025-05-15 | [Outcome Of Board Meeting In Accordance With The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f26eb76b-640e-4ef2-b635-632148c75243.pdf) |
| 2025-02-03 | [Outcome Of Board Meeting In Accordance With The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e086a7f-5e9c-427c-a2a2-63d1d8139302.pdf) |
| 2024-07-22 | [Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8e2ed41-a195-4a42-906f-efdc350d511b.pdf) |
| 2024-05-17 | [Results For Financial Year 2023-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=183c5047-6e46-4857-a15e-c86387f3edef.pdf) |
| 2024-02-05 | [Financial Results December 31, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=522fd0fe-566f-416a-8545-bb905a6d7d79.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Proposed public listing and sponsor change; acquire four assets adding ~₹7,200 crore AUM; issue approx 30.02 crore units; vote by Feb 19-20. | [Reg 23(5)(i): Disclosure of material issue 9 Feb - Proposed public listing and sponsor change; acquire four assets adding ~₹7,200 crore AUM; issue approx 30.02 crore units; vote by Feb 19-20.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6bf998d5-5b85-4b40-af73-690d103a7f74.pdf) |
| 7h - Re-appointment of Ms. Fereshte Dhunjishaw Sethna as Independent Director from March 16, 2026 to March 15, 2029. | [Reg 23(5)(i): Disclosure of material issue 7h - Re-appointment of Ms. Fereshte Dhunjishaw Sethna as Independent Director from March 16, 2026 to March 15, 2029.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6ae161dd-1b20-4b1c-91ec-fb39345f9307.pdf) |
| 6m - CRISIL assigned long-term AAA/Stable and short-term A1+ to Cube Highways Trust's Rs13,850 crore bank facilities on Mar 5, 2026. | [Reg 23(5)(d): Disclosure of details of any credit rating obtained by the InvIT and any change in such rating 6m - CRISIL assigned long-term AAA/Stable and short-term A1+ to Cube Highways Trust's Rs13,850 crore bank facilities on Mar 5, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a02c06ec-1dd9-4cbd-bc1f-93c579083234.pdf) |
| 6 Feb - Approved Q3 FY26 unaudited results; appointed Bidesh Paul WTD/KMP (effective Jan 18/Feb 6, 2026); reappointed Shailaja Chandra Mar 10, 2026. | [Board Meeting Outcome for Outcome Of Board Meeting In Accordance With The SEBI (LODR) Regulations, 2015. 6 Feb - Approved Q3 FY26 unaudited results; appointed Bidesh Paul WTD/KMP (effective Jan 18/Feb 6, 2026); reappointed Shailaja Chandra Mar 10, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41ebf360-3845-4c34-96a4-45618d44dc98.pdf) |
| 30 Jan - Declared INR4.10/unit (Rs5,510.51m) distribution; conversion to public via OFS; sponsor change; acquisitions; up to Rs2,500Cr financing | [Reg 18(6): Disclosure of record date for purpose of distribution 30 Jan - Declared INR4.10/unit (Rs5,510.51m) distribution; conversion to public via OFS; sponsor change; acquisitions; up to Rs2,500Cr financing](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8940170f-0797-4de5-a2c9-64fe57882ecc.pdf) |
| 30 Jan - Board meeting Feb 6, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window till Feb 8. | [Board Meeting Intimation for Consideration And Approval Of Un-Audited Financial Results (Standalone And Consolidated) For The Quarter And Period Ended December 31, 2025 30 Jan - Board meeting Feb 6, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window till Feb 8.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/052e0313-fa16-4946-8207-6841fbccc6b4.pdf) |
| 3 Feb - Investor call Feb 6, 2026; Q3 FY26 presentation; declared INR 4.10/unit distribution; AUM INR 360.93bn. | [Reg 23(5)(i): Disclosure of material issue 3 Feb - Investor call Feb 6, 2026; Q3 FY26 presentation; declared INR 4.10/unit distribution; AUM INR 360.93bn.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86930edc-e679-41ab-aa0a-ee68faab29f5.pdf) |
| 28 Mar - CPC deleted INR 20.82 lakh demand; Rs.41.11 lakh refund determined (Order dated 26 Mar 2026). | [Intimation Regarding Change In Directors Of The Company Under Regulation 30 Of SEBI (LODR) Regulations, 2015- Update On Income Tax Order 28 Mar - CPC deleted INR 20.82 lakh demand; Rs.41.11 lakh refund determined (Order dated 26 Mar 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/52aaf592-0dd4-4c0b-83eb-4ee556c2f258.pdf) |
| 27 Mar - Bidesh C. Paul appointed director and whole-time director; Shailaja Chandra reappointed independent director effective March 10, 2026. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 27 Mar - Bidesh C. Paul appointed director and whole-time director; Shailaja Chandra reappointed independent director effective March 10, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25a066f7-09ff-453b-9498-e4feb11b37e5.pdf) |
| 27 Feb - Board approved Feb 27, 2026: replace project manager with subsidiary CHAPA(P)L, subject to NHAI and regulatory approvals. | [Reg 23(5)(i): Disclosure of material issue 27 Feb - Board approved Feb 27, 2026: replace project manager with subsidiary CHAPA(P)L, subject to NHAI and regulatory approvals.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75be9bff-8efe-4a32-b9f5-fed5317035d8.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b25d0f07-89ab-4e74-a155-6c042b0e850b.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f82c358-d3e0-4e87-9001-0f3a38a5e3f7.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72c9d34b-c96f-47f0-a24d-615c73359776.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ac6782f-d6cd-4276-afba-1a0b415b1ee3.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523696/73397523696.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/523696/68778523696.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/523696/5236960320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/523696/5236960319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/523696/5236960318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/523696/5236960317.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 2026-09-13T18:58:17.559Z.