---
title: "Advance Multitech Ltd (526331) — Share Price, Financials & Analysis"
symbol: "526331"
company: "Advance Multitech Ltd"
canonical: "https://tapetide.com/stocks/526331"
isin: "INE875S01019"
nse_symbol: "ADVANCEMULTITECHLTD"
bse_code: "526331"
sector: "Industrial Products"
industry: "Plastic Products - Industrial"
market_cap_cr: 22
generated_at: "2026-09-13T19:14:42.630Z"
---

# Advance Multitech Ltd (526331)

Canonical page: https://tapetide.com/stocks/526331

## Company

- **NSE Symbol:** ADVANCEMULTITECHLTD
- **BSE Code:** 526331
- **ISIN:** INE875S01019
- **Sector:** Industrial Products
- **Industry:** Plastic Products - Industrial
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** advancemulti.com

## About

Advance Multitech is  manufactures, exports, and supplies rubber coated fabrics, and polyurethane coated fabrics, including rubber blankets and conveyor belts.

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:48:03.949972Z.

- **Market Cap:** ₹22 Cr
- **Classification:** Microcap
- **P/E (reported):** 3.6
- **EPS (TTM):** ₹15.1
- **Book Value:** ₹28.1
- **Price to Book:** 1.92
- **Dividend Yield:** 0%
- **ROE:** 3.57%
- **ROCE:** 4.36%
- **Debt to Equity:** 0.05
- **Revenue (yearly):** ₹0.87 Cr
- **Net Income:** ₹1.49 Cr
- **EBITDA:** ₹-2.06 Cr
- **52-Week High:** ₹53.97
- **52-Week Low:** ₹51.4

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of -38.3% over past five years.
- Company has a low return on equity of -15.0% over last 3 years.
- Earnings include an other income of Rs.8.80 Cr.
- Company has high debtors of 164 days.
- Working capital days have increased from 1,387 days to 3,554 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 235.62% | 110.64% | 607.14% |
| ebitda margin growth | 80.77% | -789.46% | -43.24% | -551.03% |
| net income growth | 72% | 272.5% | -42% | 171% |
| revenue growth | 25.64% | -91.3% | -54% | -38% |
| roce | — | -108.06% | -89.43% | -0.12% |
| roe | — | -105.02% | -7.49% | — |

## 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 | 1.6 | 2.04 | 2.48 | 0 | 0.03 | 1.17 | 8.48 | 0.06 | 0.38 | 0.12 | 0.32 | 0 |
| Expenses | 5.97 | 1.1 | 4.86 | 0.35 | 0.12 | 0.6 | 8.26 | 0.44 | 1.07 | 0.35 | 1.38 | 0.16 |
| Operating Profit | -4.37 | 0.94 | -2.38 | -0.35 | -0.09 | 0.57 | 0.22 | -0.38 | -0.69 | -0.23 | -1.06 | -0.16 |
| OPM % | -273.12 | 46.08 | -95.97 | — | -300 | 48.72 | 2.59 | -633.33 | -181.58 | -191.67 | -331.25 | — |
| Other Income | 0.01 | 0.04 | -0.01 | 0.16 | 1.46 | -1.05 | -0.25 | 0 | 0 | 0.32 | 3.61 | 4.87 |
| Interest | 0.03 | 0.02 | 0.05 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 | 0.02 |
| Depreciation | 0.13 | 0.13 | 0.04 | 0.04 | 0 | 0.07 | 0.03 | 0.03 | 0.03 | 0.03 | 0 | 0.02 |
| Profit before tax | -4.52 | 0.83 | -2.48 | -0.26 | 1.34 | -0.57 | -0.07 | -0.42 | -0.72 | 0.06 | 2.55 | 4.67 |
| Tax % | 0 | 0 | -4.84 | 0 | 0 | 0 | 114.29 | 0 | 0 | 0 | 0.39 | 8.14 |
| Net Profit | -4.52 | 0.83 | -2.36 | -0.26 | 1.34 | -0.58 | -0.15 | -0.42 | -0.72 | 0.05 | 2.55 | 4.28 |
| EPS in Rs | -11.09 | 2.04 | -5.79 | -0.64 | 3.29 | -1.42 | -0.37 | -1.03 | -1.77 | 0.12 | 6.25 | 10.5 |

### 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 | 13.63 | 14.77 | 17.68 | 9.72 | 10.01 | 8.69 | 7.84 | 9.68 | 0.87 | 0.82 |
| Expenses | 11.79 | 13.17 | 16.5 | 8.72 | 9.43 | 7.73 | 14.26 | 9.33 | 2.92 | 2.96 |
| Operating Profit | 1.84 | 1.6 | 1.18 | 1 | 0.58 | 0.96 | -6.42 | 0.35 | -2.05 | -2.14 |
| OPM % | 13.5 | 10.83 | 6.67 | 10.29 | 5.79 | 11.05 | -81.89 | 3.62 | -235.63 | -260.98 |
| Other Income | 0.28 | 0.08 | 0.13 | 0.1 | 0.48 | 7.38 | 0.05 | 0.32 | 3.63 | 8.8 |
| Interest | 0.56 | 0.52 | 0.48 | 0.43 | 0.41 | 0.39 | 0.15 | 0.09 | 0.01 | 0.02 |
| Depreciation | 0.7 | 0.69 | 0.66 | 0.66 | 0.58 | 0.52 | 0.42 | 0.14 | 0.1 | 0.08 |
| Profit before tax | 0.86 | 0.47 | 0.17 | 0.01 | 0.07 | 7.43 | -6.94 | 0.44 | 1.47 | 6.56 |
| Tax % | 19.77 | 29.79 | 11.76 | 0 | -28.57 | 0.4 | -1.73 | 18.18 | 0.68 | — |
| Net Profit | 0.69 | 0.34 | 0.15 | 0.01 | 0.09 | 7.41 | -6.82 | 0.36 | 1.46 | 6.16 |
| EPS in Rs | 1.69 | 0.83 | 0.37 | 0.02 | 0.22 | 18.18 | -16.73 | 0.88 | 3.58 | 15.1 |
| 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 | 4.03 | 4.03 | 4.03 | 4.03 | 4.03 | 4.03 | 4.03 | 4.03 | 4.03 | 4.03 |
| Reserves | 3.7 | 4.39 | 4.73 | 4.88 | 4.89 | 4.98 | 12.39 | 5.56 | 5.92 | 7.38 |
| Borrowings | 5.39 | 5.27 | 5.2 | 5.37 | 5.6 | 5.59 | 4.13 | 2.81 | 1.95 | 0.57 |
| Other Liabilities | 5.29 | 5.13 | 6.19 | 5.63 | 4.8 | 6.25 | 2.76 | 1.72 | 4.49 | 0.34 |
| Total Liabilities | 18.41 | 18.82 | 20.15 | 19.91 | 19.32 | 20.85 | 23.31 | 14.12 | 16.39 | 12.32 |
| Fixed Assets | 8.1 | 7.4 | 7.1 | 7.08 | 6.43 | 5.89 | 5.38 | 1.12 | 0.98 | 0.89 |
| CWIP | 0.33 | 0.39 | 0.53 | 0 | 0.04 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.57 | 0.57 | 0.57 | 0.57 | 0.57 | 0.94 | 8.3 | 3.45 | 3.69 | 2.09 |
| Other Assets | 9.41 | 10.46 | 11.95 | 12.26 | 12.28 | 14.02 | 9.63 | 9.55 | 11.72 | 9.34 |
| Total Assets | 18.41 | 18.82 | 20.15 | 19.91 | 19.32 | 20.85 | 23.31 | 14.12 | 16.39 | 12.32 |

### 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 | 1.86 | 1.64 | 0.61 | 0.59 | 0.14 | 0.41 | 0.47 | -0.73 | 0.99 | -0.65 |
| Cash from Investing Activity | 0.05 | -0.01 | -0.48 | 0.02 | -0.02 | 0.02 | 0.02 | 0.42 | 0.08 | 3.82 |
| Cash from Financing Activity | -1.64 | -1.85 | -0.33 | -0.55 | -0.1 | -0.47 | -0.46 | 0.34 | -0.88 | -3.03 |
| Net Cash Flow | 0.28 | -0.23 | -0.2 | 0.06 | 0.02 | -0.04 | 0.03 | 0.03 | 0.19 | 0.15 |
| Free Cash Flow | 1.89 | 1.59 | 0.07 | 0.58 | 0.09 | 0.41 | 0.46 | -0.36 | 1.02 | -0.65 |
| CFO/OP | 137 | 97 | 46 | 52 | 14 | 71 | 49 | 11 | 283 | 32 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 174.13 | 175.94 | 156.43 | 130.89 | 209.91 | 268.01 | 194.89 | 236.51 | 162.14 | 163.62 |
| Inventory Days | 109.22 | 147.03 | 194.29 | 159.13 | 426.31 | 418.64 | 365.85 | 487.1 | 127.26 | 2136.77 |
| Days Payable | 216.54 | 204.34 | 218.28 | 152.41 | 293 | 388.68 | 185.06 | 175.36 | 176.7 | 91.25 |
| Cash Conversion Cycle | 66.8 | 118.63 | 132.44 | 137.61 | 343.22 | 297.96 | 375.69 | 548.25 | 112.7 | 2209.14 |
| Working Capital Days | 49.67 | 54.09 | 71.67 | 71.84 | 155.46 | 160.44 | 203.29 | 349.64 | 257.54 | 3553.51 |
| ROCE % | 9.95 | 10.59 | 7.16 | 3.97 | 3.06 | 3.3 | 44.5 | -41.21 | 4.12 | 12.4 |

## 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 | 40.74% | 40.74% | 40.74% | 40.74% | 40.74% | 40.74% | 40.74% | 40.74% | 40.74% | 40.74% | 40.74% | 40.74% |
| 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 | 37.66% | 37.66% | 37.66% | 37.66% | 37.66% | 37.66% | 37.66% | 37.66% | 41.99% | 41.5% | 38.05% | 41.25% |
| Others | 21.6% | 21.6% | 21.6% | 21.6% | 21.6% | 21.6% | 21.6% | 21.6% | 17.27% | 17.76% | 21.21% | 18.01% |
| No. of Shareholders | 3099 | 3099 | 3098 | 3098 | 3098 | 3098 | 3098 | 3098 | 3105 | 3107 | 3111 | 3112 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 1 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 116.09 | Sell |
| EMA (10) | 107.6 | Sell |
| SMA (20) | 133.82 | Sell |
| EMA (20) | 125.22 | Sell |
| SMA (50) | 150.17 | Sell |
| EMA (50) | 145.22 | Sell |
| SMA (100) | 165.91 | Sell |
| EMA (100) | 160.11 | Sell |
| SMA (200) | 180.8 | Sell |
| EMA (200) | 177.54 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 16.9 | Buy |
| MACD (12,26,9) | -18.68 | Sell |
| Stochastic (14,3,3) | 14.85 | Buy |
| ADX (14) | 32.62 | Buy |
| Williams %R (14) | -94.97 | Buy |
| ATR (14) | 13.09 | High Volatility |
| ROC (12) | -61.95 | Sell |
| Stoch RSI (14) | 7.42 | Buy |
| UO (7,14,28) | 25.72 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce928fad-daf9-46db-9e55-be564a53abd4.pdf) |
| 2026-09-05 | [Book Closure For 47Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f255107c-d32f-43dd-a2c4-2a6464570bdd.pdf) |
| 2026-09-05 | [Cut Off Date Book Closure And E-Voting Period For The 47Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f8d91f3-ac09-4cbc-a11f-4b17fa120c8f.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c572f3c7-5f6b-409e-a6e2-a5de265851e8.pdf) |
| 2026-09-05 | [47TH AGM OF ADVANCE MULTITECH LIMITED- DATED 28/09/2026 AT 04:00 P.M.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12f86ba1-5691-40a5-b8ee-6bacd401839c.pdf) |
| 2026-09-05 | [Dispatch Of Letters To The Shareholders](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=931b0af6-b615-4d14-8bfb-d4c4562c5666.pdf) |
| 2026-09-04 | [Revised Outcome Of Board Meeting Held On September 01 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d50656f3-9ae4-4263-8535-15ee093aad2b.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Preferential Issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8655058-4e01-47b6-9b5c-ea68ceba2239.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5efa6b22-9f39-41ba-ad0f-c86b2bc36ede.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Preferential Issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f26760d-1237-46f5-a5dc-a5bd0ff5c4c1.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Standalone Unaudited Financial Results For The Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25146385-c48f-409c-a2d3-040d218bd740.pdf) |
| 2026-05-23 | [The Audited Standalone Financial Results For The Quarter And Financial Year Ended As On 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecae0434-46a6-439a-b394-6a3c4d37a25e.pdf) |
| 2026-02-13 | [Unaudited Standalone Financial Results For The Third Quarter And Nine Months Ended As On 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae724b27-7a23-4274-955a-78f9d4a26da2.pdf) |
| 2025-11-10 | [Unaudited Standalone Financial Results For The Second Quarter And Half Year Ended As On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ad1d979-5a31-4751-b142-923fcb324265.pdf) |
| 2025-08-13 | [Standalone Unaudited Financial Results For The Quarter Ended On 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d861fcec-c452-4967-96c1-f0d4c7a1c4d7.pdf) |
| 2025-05-22 | [Audited Standalone Financial Results For The Quarter And Financial Year Ended As On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=001a7731-9e9e-4e46-9995-0f2eba56cca2.pdf) |
| 2025-02-13 | [Unaudited Standalone Financial Results For The Third Quarter And Nine Months Ended As On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=554c5518-41d9-4e33-a0ad-8432089264be.pdf) |
| 2025-02-03 | [Standalone Unaudited Financial Results For The Quarter Ended On 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9f8cf64-c50e-4319-b0bb-c880031d686f.pdf) |
| 2024-11-12 | [Unaudited Standalone Financial Results For The Second Quarter And Half Year Ended As On 30Th September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=731027f0-df61-4412-840d-5dbab6caa973.pdf) |
| 2024-08-13 | [Standalone Unaudited Financial Results For The Quarter Ended On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47113d70-163e-4122-8b55-e30915630648.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Assessment order demands Rs.72,69,05,210 for AY2017-18; company to appeal, claims no immediate impact. | [Announcement Under Regulation 30 (LODR) - Updates 9h - Assessment order demands Rs.72,69,05,210 for AY2017-18; company to appeal, claims no immediate impact.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b7e4a043-d3c3-46e0-a8b3-fa017b74e59e.pdf) |
| 9 Apr - Regulation 74(5) compliance certificate for quarter ended 31 March 2026 submitted. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) compliance certificate for quarter ended 31 March 2026 submitted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3347b10e-38d2-4c8b-941f-b8094749c542.pdf) |
| 7h - Board meeting held on 27 April 2026 concluded without passing any resolution. | [Board Meeting Outcome for Outcome Of Board Meeting 7h - Board meeting held on 27 April 2026 concluded without passing any resolution.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/52a4f5a0-2953-4929-a782-b998fca7d87a.pdf) |
| 6 Apr - Promoter group held 16,60,880 shares as of 31 March 2026; no encumbrance during FY2025-26. | [Disclosures Under Regulation 31(4) Of SEBI (SAST) Regulations, 2011 6 Apr - Promoter group held 16,60,880 shares as of 31 March 2026; no encumbrance during FY2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2d062aaa-bab3-45bc-a5ef-d98ebdb7a64a.pdf) |
| 5 Feb - ED released seized car after Electrotherm provided Rs3.20 Crore FDR; release on 04-Feb-2026. | [Update - Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 5 Feb - ED released seized car after Electrotherm provided Rs3.20 Crore FDR; release on 04-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/623e1681-c6fc-4498-8f44-b9342d32498e.pdf) |
| 27 Apr - Board meeting held on 27 April 2026 concluded without passing any resolution. | [Board Meeting Outcome for Outcome Of Board Meeting 27 Apr - Board meeting held on 27 April 2026 concluded without passing any resolution.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/52a4f5a0-2953-4929-a782-b998fca7d87a.pdf) |
| 26 Mar - Advance Multitech: Trading window closed from April 1, 2026 until 48 hours after March 31, 2026 results declaration. | [Closure of Trading Window 26 Mar - Advance Multitech: Trading window closed from April 1, 2026 until 48 hours after March 31, 2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee33c2c1-8bf6-4fa3-85be-f7ec02c22bfe.pdf) |
| 22 Jan - Board meeting scheduled for 22 January 2026 cancelled due to unavoidable circumstances. | [Board Meeting Intimation for Cancellation Of Board Meeting 22 Jan - Board meeting scheduled for 22 January 2026 cancelled due to unavoidable circumstances.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a99dab8-fa13-40f4-aded-e29bfb086058.pdf) |
| 20 Apr - Board approved appointment of Hinil Patel as Company Secretary and Compliance Officer from 20 April 2026. | [Board Meeting Outcome for Appointment Of Mr. Hinil Patel As The Wholetime Company Secretary And Compliance Officer Of The Company 20 Apr - Board approved appointment of Hinil Patel as Company Secretary and Compliance Officer from 20 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/946eaf5b-9223-45eb-9553-3a63ac6ef41c.pdf) |
| 20 Apr - Board appointed Hinil Patel as Company Secretary and Compliance Officer effective 20 April 2026. | [Appointment of Company Secretary and Compliance Officer 20 Apr - Board appointed Hinil Patel as Company Secretary and Compliance Officer effective 20 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7011bc91-a831-4ffa-a29d-0bde6355b173.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_3121_ELECTHERM_2012_2013_06012014134058.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/42385f6c-d783-40c1-a5e6-f90cef71c2ad.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f8a3e51-5b1d-4c2c-a12c-6bc6e64b56e6.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecb824bd-1578-4ff9-b47e-d9d596f7cc91.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39357b07-e4b6-41c5-a04e-f766e241b601.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51770083-fdff-44cf-a1da-20809f817ed5.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/47c93d17-8ca1-4246-aa91-26ed07733019.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526331/75673526331.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526608/74249526608.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526331/71007526331.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 2026-09-13T19:14:42.630Z.