---
title: "JMG Corporation Ltd (523712) — Share Price, Financials & Analysis"
symbol: "523712"
company: "JMG Corporation Ltd"
canonical: "https://tapetide.com/stocks/523712"
isin: "INE745F01011"
bse_code: "523712"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 13.1
generated_at: "2026-09-13T19:39:35.277Z"
---

# JMG Corporation Ltd (523712)

Canonical page: https://tapetide.com/stocks/523712

## Company

- **BSE Code:** 523712
- **ISIN:** INE745F01011
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2009-08-04
- **Face Value:** ₹2.5
- **F&O Eligible:** No

## About

Incorporated in 1989, JMG Corporation Ltd is in the business of providing ESG solutions through carbon footprint reduction, renewable energy integration, etc.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-07T04:33:43.596076Z.

- **Market Cap:** ₹13.1 Cr
- **Classification:** Microcap
- **P/E (reported):** -16.7
- **EPS (TTM):** ₹-0.33
- **Book Value:** ₹2.65
- **Price to Book:** 2.14
- **Dividend Yield:** 0%
- **ROE:** 1.17%
- **ROCE:** 2.57%
- **Debt to Equity:** 0.13
- **Revenue (yearly):** ₹0.68 Cr
- **Net Income:** ₹-1.07 Cr
- **EBITDA:** ₹-1.03 Cr
- **52-Week High:** ₹6.63
- **52-Week Low:** ₹4.4

## Key Insights

### Strengths

- Promoter holding has increased by 36.6% over last quarter.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -35.4% over past five years.
- Company has a low return on equity of -3.93% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 0.2% | 174.07% | 116% |
| ebitda margin growth | 50% | -955.67% | -576.21% | 132.15% |
| net income growth | 50% | — | -635% | 3% |
| revenue growth | -100% | -38.18% | -43% | -35% |
| roce | — | -18.15% | -182.37% | -5.86% |
| roe | — | -50.42% | -0.37% | -108.13% |

## 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 | 0.23 | 0.2 | 0.17 | 0.01 | 0.07 | 0.12 | 0.7 | 0.23 | 0.11 | 0.22 | 0.13 | 0.01 |
| Expenses | 0.16 | 0.12 | 0.14 | 0.19 | 0.2 | 0.3 | 0.28 | 0.57 | 0.48 | 0.31 | 0.38 | 0.09 |
| Operating Profit | 0.07 | 0.08 | 0.03 | -0.18 | -0.13 | -0.18 | 0.42 | -0.34 | -0.37 | -0.09 | -0.25 | -0.08 |
| OPM % | 30.43 | 40 | 17.65 | -1800 | -185.71 | -150 | 60 | -147.83 | -336.36 | -40.91 | -192.31 | -800 |
| Other Income | 0.06 | 0.06 | 0.06 | 0.01 | 0.01 | 0.01 | 0.22 | 0.01 | 0.01 | 0.01 | 0.03 | 0 |
| Interest | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.04 | 0.03 | 0.02 | 0.01 | 0.02 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.11 | 0.12 | 0.07 | -0.19 | -0.14 | -0.19 | 0.6 | -0.36 | -0.38 | -0.09 | -0.24 | -0.08 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.11 | 0.12 | 0.07 | -0.19 | -0.14 | -0.19 | 0.6 | -0.36 | -0.38 | -0.09 | -0.24 | -0.08 |
| EPS in Rs | 0.05 | 0.05 | 0.03 | -0.08 | -0.06 | -0.08 | 0.26 | -0.16 | -0.16 | -0.04 | -0.1 | -0.03 |

### 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 | 0.2 | 0.53 | 0.45 | 6.03 | 2.24 | 3.59 | 0.62 | 0.9 | 0.68 | 0.47 |
| Expenses | 0.7 | 0.98 | 0.88 | 7.6 | 4.05 | 4.08 | 0.61 | 0.95 | 1.71 | 1.26 |
| Operating Profit | -0.5 | -0.45 | -0.43 | -1.57 | -1.81 | -0.49 | 0.01 | -0.05 | -1.03 | -0.79 |
| OPM % | -250 | -84.91 | -95.56 | -26.04 | -80.8 | -13.65 | 1.61 | -5.56 | -151.47 | -168.09 |
| Other Income | 0.53 | 0.53 | 0.4 | 0.31 | 0.28 | 0.25 | 0.24 | 0.24 | 0.05 | 0.05 |
| Interest | 0.01 | 0 | 0 | 0.02 | 0.07 | 0.08 | 0.08 | 0.1 | 0.08 | 0.05 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 |
| Profit before tax | 0.02 | 0.08 | -0.03 | -1.28 | -1.6 | -0.32 | 0.17 | 0.09 | -1.07 | -0.79 |
| Tax % | -50 | 12.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | 0.03 | 0.06 | -0.03 | -1.28 | -1.61 | -0.32 | 0.17 | 0.08 | -1.07 | -0.79 |
| EPS in Rs | 0.02 | 0.03 | -0.02 | -0.55 | -0.7 | -0.14 | 0.07 | 0.03 | -0.46 | -0.33 |
| 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 | 4.95 | 4.95 | 4.95 | 4.95 | 5.79 | 5.79 | 5.79 | 5.79 | 5.79 | 5.79 |
| Reserves | 4.08 | 4.1 | 4.17 | 4.15 | 3.08 | 1.48 | 1.16 | 1.33 | 1.41 | 0.34 |
| Borrowings | 0 | 0 | 0 | 0 | 0.96 | 0.77 | 0.82 | 0.87 | 0.6 | 0.81 |
| Other Liabilities | 0.75 | 0.36 | 0.4 | 0.69 | 0.69 | 0.43 | 0.45 | 0.16 | 0.49 | 0.37 |
| Total Liabilities | 9.78 | 9.41 | 9.52 | 9.79 | 10.52 | 8.47 | 8.22 | 8.15 | 8.29 | 7.31 |
| Fixed Assets | 0 | 0.01 | 0 | 0 | 0 | 0.68 | 0.68 | 0.67 | 0.68 | 0.68 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.75 | 0.75 | 0.75 | 0.75 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 9.03 | 8.65 | 8.77 | 9.04 | 10.52 | 7.79 | 7.54 | 7.48 | 7.61 | 6.63 |
| Total Assets | 9.78 | 9.41 | 9.52 | 9.79 | 10.52 | 8.47 | 8.22 | 8.15 | 8.29 | 7.31 |

### 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 | -0.27 | -1.46 | -0.51 | -0.06 | -1.25 | -1.48 | -0.27 | 0 | 0.2 | -0.42 |
| Cash from Investing Activity | 0.5 | 0.51 | 0.38 | 0.4 | 0.67 | -0.33 | 0.09 | 0.16 | 0.33 | 0.05 |
| Cash from Financing Activity | 0 | -0.01 | 0 | 0 | 2.01 | -0.26 | -0.03 | -0.03 | -0.37 | 0.14 |
| Net Cash Flow | 0.23 | -0.95 | -0.13 | 0.34 | 1.43 | -2.07 | -0.21 | 0.12 | 0.16 | -0.24 |
| Free Cash Flow | -0.27 | -1.46 | -0.51 | -0.06 | -1.25 | -2.16 | -0.27 | 0 | 0.19 | -0.42 |
| CFO/OP | 75 | 294 | 111 | 7 | 80 | 82 | 57 | -500 | -440 | 43 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 851.67 | 1277.5 | 523.4 | 851.67 | 110.17 | 149.91 | 79.3 | 353.23 | 214.94 | 10.74 |
| Inventory Days | — | 0 | — | — | 0 | 0 | 0 | 0 | — | — |
| Cash Conversion Cycle | 851.67 | 1277.5 | 523.4 | 851.67 | 110.17 | 149.91 | 79.3 | 353.23 | 214.94 | 10.74 |
| Working Capital Days | 502.89 | 949 | 371.89 | 1387 | 84.14 | 169.46 | 83.37 | 488.63 | -4.06 | -338.16 |
| ROCE % | 2.91 | 0.33 | 0.88 | -0.33 | -13.31 | -17.12 | -3.04 | 3.17 | 2.41 | -13.43 |

## 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 | 36.62% | 36.62% | 36.62% | 36.62% | 36.62% | 36.62% | 36.62% | 36.62% | 36.62% | 0% | 16.02% | 52.64% |
| 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 | 30.31% | 30.31% | 30.31% | 30.31% | 38.69% | 51.36% | 49.3% | 47.41% | 47.36% | 47.22% | 36.15% | 36.2% |
| Others | 33.07% | 33.07% | 33.07% | 33.07% | 24.69% | 12.02% | 14.08% | 15.98% | 16.02% | 52.78% | 47.82% | 11.16% |
| No. of Shareholders | 12614 | 12610 | 12604 | 12603 | 12597 | 12751 | 12738 | 12729 | 12712 | 12700 | 12705 | 12695 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 5.32 | Buy |
| EMA (10) | 6.42 | Sell |
| SMA (20) | 5.49 | Buy |
| EMA (20) | 11.85 | Sell |
| SMA (50) | 23.45 | Sell |
| EMA (50) | 17.95 | Sell |
| SMA (100) | 14.52 | Sell |
| EMA (100) | 16.06 | Sell |
| SMA (200) | 10.17 | Sell |
| EMA (200) | 11.94 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.81 | Neutral |
| MACD (12,26,9) | -7.18 | Buy |
| Stochastic (14,3,3) | 77.92 | Neutral |
| ADX (14) | 20.4 | Neutral |
| Williams %R (14) | -22.83 | Neutral |
| ATR (14) | 4.63 | High Volatility |
| ROC (12) | 3.28 | Buy |
| Stoch RSI (14) | 80.85 | Sell |
| UO (7,14,28) | 61.67 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Successful takeover triggers board reconstitution, several resignations/appointments, CFO/CS changes, and JDA termination. | [Announcement under Regulation 30 (LODR)-Resignation of Director 9h - Successful takeover triggers board reconstitution, several resignations/appointments, CFO/CS changes, and JDA termination.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8732f49a-493c-413a-8f56-44841f8c1d2a.pdf) |
| 9h - Board reconstituted on 27 Apr 2026 after takeover; new MD, CFO, directors appointed, several resignations, JDA terminated. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 9h - Board reconstituted on 27 Apr 2026 after takeover; new MD, CFO, directors appointed, several resignations, JDA terminated.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4bf86744-dd7e-4f8b-86e6-7b0bd80f7559.pdf) |
| 9h - Board reconstituted after takeover; multiple directors resigned, new MD/CFO appointed; JDA for Saharanpur MSW project terminated. | [Announcement under Regulation 30 (LODR)-Resignation of Director 9h - Board reconstituted after takeover; multiple directors resigned, new MD/CFO appointed; JDA for Saharanpur MSW project terminated.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9ae64a06-2b38-4ce8-ae16-57c77b6345d4.pdf) |
| 9h - Board reconstituted after successful takeover; several directors/KMP resigned and appointed, and JDA for Saharanpur project terminated. | [Announcement under Regulation 30 (LODR)-Resignation of Managing Director 9h - Board reconstituted after successful takeover; several directors/KMP resigned and appointed, and JDA for Saharanpur project terminated.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5a992c86-6221-4bff-95df-a89695f636de.pdf) |
| 9h - 27 Apr 2026 takeover-led board reconstitution, multiple resignations, new appointments, and MSW project JDA terminated. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 9h - 27 Apr 2026 takeover-led board reconstitution, multiple resignations, new appointments, and MSW project JDA terminated.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3348aa28-a546-4024-8206-8eca18aed802.pdf) |
| 6h - EGM Feb 24, 2026: approved bonus issue, authorised capital increase, higher loan limits, director continuation, approval to create charges. | [Shareholder Meeting / Postal Ballot-Outcome of EGM 6h - EGM Feb 24, 2026: approved bonus issue, authorised capital increase, higher loan limits, director continuation, approval to create charges.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/316abed5-57e5-4c1d-aba6-59837b517dd9.pdf) |
| 6 Feb - Promoter bought 646,513 shares on Feb 5, 2026; holding rises to 32.82%. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Feb - Promoter bought 646,513 shares on Feb 5, 2026; holding rises to 32.82%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19C7E045_A2CE_4EA1_8DEB_055DF32F587E_110331.pdf) |
| 5 Feb - Aditya Halwasiya acquired 646,513 shares (0.24%) on Feb 5, 2026; promoter holding 32.82%. | [Intimation Of Disclosure Under Regulation 29(2) Of SEBI (SAST) Regulations, 2011. 5 Feb - Aditya Halwasiya acquired 646,513 shares (0.24%) on Feb 5, 2026; promoter holding 32.82%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05445110-9287-42eb-83c7-e48f18bd73a6.pdf) |
| 31 Jan - Cupid Limited is hereby informing BSE about newspaper clippings of EGM Notice. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Jan - Cupid Limited is hereby informing BSE about newspaper clippings of EGM Notice.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6245bed3-a1a6-403f-a0c0-e4291af7d0c4.pdf) |
| 3 Feb - Mr. Santosh Desai resigned as Independent Director effective 3 Feb 2026; resignation letter and disclosures enclosed. | [Announcement under Regulation 30 (LODR)-Resignation of Director 3 Feb - Mr. Santosh Desai resigned as Independent Director effective 3 Feb 2026; resignation letter and disclosures enclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5926c8f0-4b3c-47a4-974e-e089d9d54096.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d20b1ed-04a2-4f2d-9f5a-467a8b45abe5.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23c457a4-ccbc-48a7-8f2e-ae66f25c639b.pdf) |
| 2026-09-07 | [Shareholders Meeting Dated 30/09/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f607bfc7-30f2-421b-9876-0e5a32c88136.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d71ff90b-3126-424d-842f-540ae96dc2b0.pdf) |
| 2026-09-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d610acb6-a1ea-462b-92d0-7d6b9e572e7b.pdf) |
| 2026-09-04 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On Friday 04Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43fc3c95-8916-47ec-8d00-2068a17ff5e7.pdf) |
| 2026-09-04 | [Announcement Under Regulation 30 Of SEBI LODR- Appointment Of Statutory Auditor.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be52bf9b-4cc1-436b-a8cb-1b083863a299.pdf) |
| 2026-08-19 | [Announcement under Regulation 30 (LODR)-Change of Company Name](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=226242f6-cea9-4fdf-a2dd-0669e8a96dd8.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae97f9dc-04c3-48d4-861d-3a50df8415f1.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 13Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad17e458-64f3-4923-a06d-4a28f787c46c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results-Finacial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=091d6716-d1fc-4faa-a577-3c0071113b06.pdf) |
| 2026-05-29 | [Outcome Of Board Meeting And Submission Of Audited Financial Results Along With Audit Report In Terms Of Regulation 30 And 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=930e9bce-22e3-4f03-ac11-eac99d02254f.pdf) |
| 2026-02-12 | [Un-Audited Financial Results For The Third Quarter Ended On December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1257dbef-8e0c-41e8-99a7-ced9ec17e34d.pdf) |
| 2025-11-14 | [Results - Qtr-02 Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa300ed7-dbb7-4dc1-ad30-89f314ea4f0b.pdf) |
| 2025-08-12 | [Results-Financial Results For 30-06-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f03cf9b-e960-4972-b5fc-c3c56f52a325.pdf) |
| 2025-07-01 | [Declaration Along With Standalone Audited Financial Statements For The Year Ended March 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c6eb3b7-127d-4c5c-92dd-2f7126e8cc87.pdf) |
| 2025-06-17 | [Results - Financial Year 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ec9e42c-4464-4d72-bdd0-6ce61773a344.pdf) |
| 2025-05-28 | [Results-Financial Results For 31-03-2025 (24-25)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b17cc81c-c033-45fe-b7e4-b06b3497c158.pdf) |
| 2025-02-12 | [Financial Results-Qtr-03_FY2425](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3756a49c-76b2-4bdc-b759-a48b214700bb.pdf) |
| 2024-11-13 | [Financial Results Qtr-02 F Y 2024_25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a9da750-7286-44eb-ada4-3159b1cf3f8f.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70192aa3-2ca9-4e30-a1a7-bcb00df00568.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8213ee8-676d-4f54-9abe-bea35b3711ac.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8119857a-cfde-46ce-84b4-aaaddb50b4fc.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80b87520-f3b2-4fef-b678-80feb9628c39.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc64bada-a400-4fc3-bace-826f22e06027.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1eddfa33-f490-484e-a4cb-9d983ef3d9da.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/e8d6d952-5e06-404e-affa-21c9eacf139e.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/8d54545f-de80-467c-8993-120baf3ce430.pdf) |
| Nov 2016 | [Concall - Nov 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8F2287A9_D1A0_47D1_B2CA_167855293818_114208.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba2746b7-745d-4c86-b203-e0803289d2db.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ae0a70e-3aa8-4edb-b23f-50361c197b80.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/252dada1-6823-4129-ac76-d5ac4432475a.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d5d6d24-4d8b-4653-9070-7aed203c8a32.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7107240-3e9b-4c70-ae50-234d921caea6.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/509ee2ab-b6b9-4e5c-9922-484d7047163a.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e4783614-17e1-4f68-8f7e-82c67a593d76.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/530843/74918530843.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523712/75794523712.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/530843/70769530843.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/523712/71823523712.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 2026-09-13T19:39:35.277Z.
