---
title: "Hemo Organic Ltd (524590) — Share Price, Financials & Analysis"
symbol: "524590"
company: "Hemo Organic Ltd"
canonical: "https://tapetide.com/stocks/524590"
isin: "INE422G01015"
nse_symbol: "HEMOORGANICLTD"
bse_code: "524590"
sector: "Services"
industry: "Commercial Services & Supplies"
market_cap_cr: 6.6
generated_at: "2026-09-13T20:05:12.376Z"
---

# Hemo Organic Ltd (524590)

Canonical page: https://tapetide.com/stocks/524590

## Company

- **NSE Symbol:** HEMOORGANICLTD
- **BSE Code:** 524590
- **ISIN:** INE422G01015
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hemoorganicltd.com

## About

Incorporated in 1992, Hemo Organic Ltd is in the business of trading & distribution of Rice and Textiles.

## Latest Price

## Key Fundamentals

Observed at 2026-09-07T04:33:42.464827Z.

- **Market Cap:** ₹6.6 Cr
- **Classification:** Microcap
- **P/E (reported):** -8.6
- **EPS (TTM):** ₹-2.22
- **Book Value:** ₹-2.68
- **Price to Book:** -7.05
- **Dividend Yield:** 0%
- **ROE:** -585.48%
- **ROCE:** -17.34%
- **Debt to Equity:** 21.08
- **Revenue (yearly):** ₹0.9 Cr
- **Net Income:** ₹-0.8 Cr
- **EBITDA:** ₹-0.5 Cr
- **52-Week High:** ₹24.42
- **52-Week Low:** ₹8.12

## Tapetide Score

- **Score:** 35 / 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:** 6 (of 4473 scored stocks)
- **Confidence:** 84%
- **Data coverage:** 67%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 9.55 | 9% |
| growth | 9.17 | 9% |
| momentum | 89.31 | 12% |
| ownership | 50 | 24% |
| quality | 13.78 | 22% |
| valuation | 31.16 | 24% |

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

## Key Insights

### Weaknesses

- Stock is trading at 50.4 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 16.8%
- Company might be capitalizing the interest cost
- Company has high debtors of 938 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -305.56% | -22.69% | -1.46% |
| ebitda margin growth | 66.67% | — | -95.09% | -94.14% |
| net income growth | 80% | -500% | 166.67% | 700% |
| revenue growth | -100% | -64% | — | 148% |
| roce | — | -998.45% | -34.98% | 27.47% |
| roe | — | 441.21% | -203.31% | -67.76% |

## 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 | 0 | 0 | 0.02 | 0 | 0 | 0 | 2.41 | 0 | 0 | 0 | 0.93 | 0 |
| Expenses | -0.01 | 0 | 0.23 | 0 | 0.08 | 0.08 | 2.26 | 0.11 | 0.04 | 0.05 | 1.23 | 0.07 |
| Operating Profit | 0.01 | 0 | -0.21 | 0 | -0.08 | -0.08 | 0.15 | -0.11 | -0.04 | -0.05 | -0.3 | -0.07 |
| OPM % | — | — | -1050 | — | — | — | 6.22 | — | — | — | -32.26 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.01 | 0 | -0.23 | 0 | -0.08 | -0.08 | 0.24 | -0.11 | -0.04 | -0.05 | -0.3 | -0.07 |
| Tax % | 0 | — | 0 | — | 0 | 0 | -58.33 | -27.27 | -25 | 220 | 70 | 0 |
| Net Profit | 0.01 | 0 | -0.23 | 0 | -0.08 | -0.08 | 0.37 | -0.09 | -0.03 | -0.16 | -0.51 | -0.07 |
| EPS in Rs | 0.03 | 0 | -0.66 | 0 | -0.23 | -0.23 | 1.07 | -0.26 | -0.09 | -0.46 | -1.47 | -0.2 |

### 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 | 0.09 | 0.05 | 0.27 | 0.01 | 0.01 | 0 | 0.02 | 2.41 | 0.93 | 0.93 |
| Expenses | 0.24 | 0.17 | 0.29 | 0.06 | 0.07 | 0.05 | 0.26 | 2.45 | 1.43 | 1.39 |
| Operating Profit | -0.15 | -0.12 | -0.02 | -0.05 | -0.06 | -0.05 | -0.24 | -0.04 | -0.5 | -0.46 |
| OPM % | -166.67 | -240 | -7.41 | -500 | -600 | — | -1200 | -1.66 | -53.76 | -49.46 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.07 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.15 | -0.12 | -0.02 | -0.05 | -0.06 | -0.05 | -0.26 | 0.03 | -0.5 | -0.46 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -466.67 | 56 | — |
| Net Profit | -0.15 | -0.12 | -0.02 | -0.05 | -0.06 | -0.05 | -0.26 | 0.16 | -0.78 | -0.77 |
| EPS in Rs | -0.43 | -0.35 | -0.06 | -0.14 | -0.17 | -0.14 | -0.75 | 0.46 | -2.25 | -2.22 |
| 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 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 | 3.47 |
| Reserves | -3.06 | -3.21 | -3.33 | -3.35 | -3.4 | -3.46 | -3.52 | -3.78 | -3.62 | -3.34 |
| Borrowings | 0 | 0.08 | 0.08 | 0 | 0.04 | 0.04 | 0.04 | 1.24 | 1.48 | 2.74 |
| Other Liabilities | 0.72 | 0.66 | 0.73 | 0.13 | 0.12 | 0.19 | 0.35 | 0.13 | 3.65 | 1.59 |
| Total Liabilities | 1.13 | 1 | 0.95 | 0.25 | 0.23 | 0.24 | 0.34 | 1.06 | 4.98 | 4.46 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1.13 | 1 | 0.95 | 0.25 | 0.23 | 0.24 | 0.34 | 1.06 | 4.98 | 4.46 |
| Total Assets | 1.13 | 1 | 0.95 | 0.25 | 0.23 | 0.24 | 0.34 | 1.06 | 4.98 | 4.46 |

### 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 | -0.15 | -0.12 | -0.04 | 0.01 | -0.01 | 0 | 0.11 | -1.19 | -0.36 | -1.46 |
| Cash from Investing Activity | 0.02 | 0.06 | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | -0.86 |
| Cash from Financing Activity | 0.15 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2 | 0.24 | 2.32 |
| Net Cash Flow | 0.01 | -0.06 | -0.01 | 0.01 | -0.01 | 0 | 0.11 | 0.01 | -0.12 | 0 |
| Free Cash Flow | -0.15 | -0.12 | -0.04 | 0.01 | -0.01 | 0 | 0.11 | -1.19 | -0.36 | -1.46 |
| CFO/OP | 188 | 80 | 33 | -50 | 20 | 0 | -220 | 496 | 900 | 292 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 438 | 2920 | 5402 | 94.63 | 2555 | 2190 | — | 1460 | 381.66 | 938.01 |
| Inventory Days | 20.66 | 91.25 | 0 | 0 | 0 | 730 | — | — | 143.18 | — |
| Days Payable | 392.55 | 3011.25 | — | — | — | 4015 | — | — | 366.01 | — |
| Cash Conversion Cycle | 66.11 | 0 | 5402 | 94.63 | 2555 | -1095 | — | 1460 | 158.83 | 938.01 |
| Working Capital Days | 146 | 689.44 | 438 | -67.59 | -1825 | -4015 | — | 11862.5 | 156 | 1122.47 |
| ROCE % | -19.28 | -40 | -42.86 | -11.76 | -43.48 | -75 | -250 | -52.17 | 2.65 | -23.81 |

## 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 | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% | 16.85% |
| 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 | 74.14% | 73.64% | 73.58% | 72.22% | 72.05% | 70.99% | 71.11% | 70.66% | 70.64% | 70.27% | 71.01% | 72.01% |
| Others | 9.01% | 9.51% | 9.57% | 10.94% | 11.1% | 12.16% | 12.04% | 12.49% | 12.51% | 12.88% | 12.14% | 11.14% |
| No. of Shareholders | 5677 | 5380 | 5178 | 4902 | 4774 | 5048 | 5218 | 5212 | 5213 | 5055 | 4988 | 4821 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 3 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 21.82 | Sell |
| EMA (10) | 20.75 | Sell |
| SMA (20) | 21.02 | Sell |
| EMA (20) | 20.35 | Sell |
| SMA (50) | 16.44 | Buy |
| EMA (50) | 17.99 | Buy |
| SMA (100) | 15.27 | Buy |
| EMA (100) | 16.2 | Buy |
| SMA (200) | 13.81 | Buy |
| EMA (200) | 14.53 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.21 | Neutral |
| MACD (12,26,9) | 0.98 | Sell |
| Stochastic (14,3,3) | 9.82 | Buy |
| ADX (14) | 29.55 | Buy |
| Williams %R (14) | -85.43 | Buy |
| ATR (14) | 1.15 | High Volatility |
| ROC (12) | -10.63 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 36.14 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Board Meeting Outcome for Outcome Of The Board Meeting Held Toady I.E. Wednesday 9Th September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a2a8a478-7b3b-4783-9537-d1d254e3bcbf.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e58bcb3-33a7-4d4e-9971-080f3bb75462.pdf) |
| 2026-09-09 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81bcf2ce-06ae-457e-ab95-a641700f8eb5.pdf) |
| 2026-09-09 | [Submission Of Voting Results Of Annual General Meeting Of The Company Under Regulation 44(3) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3856031f-da47-4e18-9212-9f9e2c908574.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ff9057a-c2b1-46d0-94d6-d91370fcd620.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Cessation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=934bd8aa-9c70-460b-aaa8-3e7aaad1616d.pdf) |
| 2026-09-08 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b19bbf33-f0d4-41c1-8b7a-cba273ef450a.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8f17a79-b70d-4486-97c3-129e906f6727.pdf) |
| 2026-08-14 | [Intimation Of E-Voting Book Closure/Closure Of Transfer Books And Cut-Off Date For The Purpose Of E-Voting Pursuant To Regulation 42 Of The SEBI (Listing Obligation And Disclosure Requirement) Regulation 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2f01b56-3b77-4a47-a33d-d7624770f0a9.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Retirement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47165d1d-0739-46d3-a3be-d0986480d97a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-15 | [Outcome Of The Board Meeting Held Today I.E. Wednesday 15Th July 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca26950a-175f-48df-8415-16d8478725d1.pdf) |
| 2026-07-15 | [Submission Of Un-Audited Financial Results Along With Limited Review Report For The Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e81e8c2f-389f-41ac-ab13-7ecbfcd5178d.pdf) |
| 2026-05-29 | [Submission Of Audited Financial Results Along With Audit Report Thereon And Declaration In Respect Of Modified Opinion On Audit Report For The Quarter And Year Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a5f2e1f-b17f-49f9-b7ae-cc9484e5c0ca.pdf) |
| 2026-02-13 | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. Friday 13Th February 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=166e5235-0cb9-484f-8d07-7cf22c4126ac.pdf) |
| 2026-02-13 | [Submission Of Un-Audited Financial Results Along With Limited Review Report Thereon For The Quarter And Nine Months Ended On 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9900fee-031a-47ee-be43-9b91f4283e25.pdf) |
| 2025-11-14 | [Un-Audited Financial Results Along With Limited Review Report Thereon For The Quarter And Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f814208-e5d6-48fc-b731-dfdcc2f5a87f.pdf) |
| 2025-08-13 | [Submission Of Unaudited Financial Results Along With Limited Review Report For The Quarter Ended On 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94bc4809-9acb-4198-a807-fe689569daea.pdf) |
| 2025-05-23 | [Submission Of Audited Financial Results Along With Audit Report Thereon For The Quarter And Year Ended On 31St March 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f49eeff0-a5d1-4973-bd04-f41260ef6e33.pdf) |
| 2025-05-20 | [Submission Of Audited Financial Results Along With Audit Report Thereon For The Quarter And Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8917ccc9-fc5f-41cb-98aa-c5a4731064d5.pdf) |
| 2025-02-06 | [Submission Of Un-Audited Financial Results Along With Limited Review Report For The Quarter And Nine Months Ended On 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ccea0f0-7fb2-48b4-94c7-09898526cf6e.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Submission of Certificate under Reg 74 (5) of the SEBI (DP) Regulations, 2018 for the Quarter ended 31 March, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submission of Certificate under Reg 74 (5) of the SEBI (DP) Regulations, 2018 for the Quarter ended 31 March, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09b877cc-c67e-4ac5-97b2-f5e3c014f78a.pdf) |
| 7 Feb - Of Newspaper Publication for the Unaudited Results for the 3rd quarter and nine months ended on December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Feb - Of Newspaper Publication for the Unaudited Results for the 3rd quarter and nine months ended on December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8df518f-35db-44c0-9b21-85dbb4d3aab3.pdf) |
| 6 Feb - Board approved Q3 & 9M FY2025-26 unaudited results to Dec 31, 2025; consolidated income Rs2,116 lakh; PBT Rs848 lakh. | [Board Meeting Outcome for Outcome Of Board Meeting 6 Feb - Board approved Q3 & 9M FY2025-26 unaudited results to Dec 31, 2025; consolidated income Rs2,116 lakh; PBT Rs848 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9205930c-04a6-4105-ac9d-bc4cbe086fb7.pdf) |
| 31 Mar - Independent director Deepak Rochani resigned effective 31 Mar 2026; committees reconstituted effective 1 Apr 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E., Tuesday, 31St March, 2026 31 Mar - Independent director Deepak Rochani resigned effective 31 Mar 2026; committees reconstituted effective 1 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1caac985-b9d2-4248-825f-55841fe59b43.pdf) |
| 31 Mar - Deepak Ashokkumar Rochani resigned as Independent Director effective 31 March 2026; left all committees. | [Announcement under Regulation 30 (LODR)-Change in Management 31 Mar - Deepak Ashokkumar Rochani resigned as Independent Director effective 31 March 2026; left all committees.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed08fa0c-43ce-4e92-bec0-52393722a7c6.pdf) |
| 30 Jan - Board meeting on Feb 6, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025. | [Board Meeting Intimation for Unaudited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended On December 31, 2025. 30 Jan - Board meeting on Feb 6, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9906c7ca-451e-419a-9b55-b333084f453a.pdf) |
| 30 Apr - Hemo Organic confirms it is not a Large Corporate for FY 2026-27. | [Non-Applicability Of SEBI Circular SEBI/HO/DDHS/DDHS RACPOD1/P/CIR/2023/172October19, 2023 - Initial Disclosure For Large Corporate Entity For F.Y. 2026-27. 30 Apr - Hemo Organic confirms it is not a Large Corporate for FY 2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9f775ba-74fd-4195-b009-883e926edc2f.pdf) |
| 30 Apr - Hemo Organic confirms it is not a Large Corporate for FY 2026-27. | [Non-Applicability Of SEBI Circular SEBI/HO/DDHS/DDHS RACPOD1/P/CIR/2023/172October19, 2023 - Initial Disclosure For Large Corporate Entity For F.Y. 2026-27. 30 Apr - Hemo Organic confirms it is not a Large Corporate for FY 2026-27.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b9f775ba-74fd-4195-b009-883e926edc2f.pdf) |
| 26 Feb - Registered office shifted within Ahmedabad to Nikol Gam Road address, effective 26 February 2026. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 26 Feb - Registered office shifted within Ahmedabad to Nikol Gam Road address, effective 26 February 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7e4db59-cf77-4be4-bdf7-947a05e55ccb.pdf) |
| 26 Feb - Allotment of 34,00,000 warrants at Rs12.50; equity rises to 68,65,900 shares; office shifted Feb 26, 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E., Thursday, 26Th February, 2026 26 Feb - Allotment of 34,00,000 warrants at Rs12.50; equity rises to 68,65,900 shares; office shifted Feb 26, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee04be0a-732f-4130-96ee-530c2b7ae5ee.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8970a7ab-55a3-4612-9863-16a8cab33653.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3edc475f-f051-4dfd-82c3-e42351926c0e.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/530821cb-52e8-43bf-9430-c037f4644ab6.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4fa742a4-98f2-4da4-81fd-1bb7c507f1dd.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eddf8bda-8bb4-45fa-b0da-997bbff9e139.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55f3f786-8781-40bd-a624-a6a615cbe8fd.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/524590/75304524590.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/524590/72042524590.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/524590/66544524590_08_09_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/524590/5245900319.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 2026-09-13T20:05:12.376Z.