---
title: "NTC Industries Ltd (526723) — Share Price, Financials & Analysis"
symbol: "526723"
company: "NTC Industries Ltd"
canonical: "https://tapetide.com/stocks/526723"
isin: "INE920C01017"
nse_symbol: "NTCIND"
bse_code: "526723"
sector: "Consumer Goods"
industry: "Cigarettes & Tobacco"
market_cap_cr: 196.59
generated_at: "2026-09-13T19:16:53.044Z"
---

# NTC Industries Ltd (526723)

Canonical page: https://tapetide.com/stocks/526723

## Company

- **NSE Symbol:** NTCIND
- **BSE Code:** 526723
- **ISIN:** INE920C01017
- **Sector:** Consumer Goods
- **Industry:** Cigarettes & Tobacco
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ntcind.com

## About

NTC Industries Ltd is the listed parent 
of a Kolkata group which manufactures cigarettes /smoking mixture, trading F&B /other FMCG products and letting properties through 4 wholly owned subsidiaries. It traces its operating heritage to National Tobacco Company of India (1931).[1][2] [3]

## Latest Price

- **Price:** ₹134.91
- **Change:** +3.21 (+2.44%)
- **Open:** ₹136.7
- **Day High:** ₹136.7
- **Day Low:** ₹130.01
- **Previous Close:** ₹131.7
- **Volume:** 596
- **As Of:** 2026-09-11T09:56:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:49.835350Z.

- **Market Cap:** ₹196.59 Cr
- **Classification:** Microcap
- **P/E (reported):** 9.5
- **P/E (TTM):** 9.79
- **EPS (TTM):** ₹13.78
- **Book Value:** ₹144.57
- **Price to Book:** 0.91
- **Dividend Yield:** 0%
- **ROE:** 9.32%
- **ROCE:** 11.08%
- **Debt to Equity:** 0.37
- **Revenue (yearly):** ₹124.9 Cr
- **Net Income:** ₹19.6 Cr
- **EBITDA:** ₹33.6 Cr
- **52-Week High:** ₹155
- **52-Week Low:** ₹126.3
- **RSI (14):** 27.36

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Falling
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 58.49 | 9% |
| growth | 83.3 | 9% |
| momentum | 28.93 | 12% |
| ownership | 52.04 | 24% |
| quality | 56.82 | 22% |
| valuation | 52.66 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.93 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 19.5% CAGR over last 5 years
- Debtor days have improved from 58.0 to 35.0 days.
- Company's median sales growth is 17.2% of last 10 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.18% over last 3 years.
- Earnings include an other income of Rs.11.4 Cr.
- Promoter holding has decreased over last 3 years: -11.6%
- Working capital days have increased from 57.5 days to 219 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -287.92% | -108.88% | -357.37% |
| ebitda margin growth | 7.55% | -16.38% | 10.29% | -28.36% |
| net income growth | 7.02% | 71.93% | 46% | 19% |
| revenue growth | -18.67% | 84.22% | 32% | 31% |
| roce | 5.26% | 62.94% | 65.13% | 9.6% |
| roe | 7.18% | 72.27% | 6.55% | -14.57% |

## 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 | 10.02 | 7.35 | 12.61 | 7.63 | 15.42 | 13.43 | 23.6 | 28.11 | 26.26 | 26.72 | 31.55 | 25.23 |
| Expenses | 7.84 | 5.71 | 10.95 | 5.18 | 12.79 | 10.2 | 17.81 | 22.38 | 21.82 | 22.46 | 24.65 | 18.62 |
| Operating Profit | 2.18 | 1.64 | 1.66 | 2.45 | 2.63 | 3.23 | 5.79 | 5.73 | 4.44 | 4.26 | 6.9 | 6.61 |
| OPM % | 21.76 | 22.31 | 13.16 | 32.11 | 17.06 | 24.05 | 24.53 | 20.38 | 16.91 | 15.94 | 21.87 | 26.2 |
| Other Income | 1.9 | 3.94 | -3.06 | 0.76 | 1.59 | 1.68 | 3.64 | 3.97 | 3.02 | 2.88 | 2.39 | 3.16 |
| Interest | 0.12 | 0.11 | 0.13 | 0.91 | 1.38 | 1.85 | 1.79 | 1.76 | 1.63 | 1.61 | 1.5 | 1.28 |
| Depreciation | 0.55 | 4.23 | 0.53 | 0.4 | 0.4 | 0.39 | 0.37 | 0.37 | 0.37 | 0.37 | 0.36 | 0.37 |
| Profit before tax | 3.41 | 1.24 | -2.06 | 1.9 | 2.44 | 2.67 | 7.27 | 7.57 | 5.46 | 5.16 | 7.43 | 8.12 |
| Tax % | 13.78 | -1.61 | 27.18 | 19.47 | 20.08 | 12.36 | 23.8 | 24.97 | 20.15 | 25.97 | 23.15 | 24.51 |
| Net Profit | 2.93 | 1.26 | -2.61 | 1.52 | 1.95 | 2.34 | 5.54 | 5.67 | 4.36 | 3.82 | 5.71 | 6.12 |
| EPS in Rs | 2.45 | 1.05 | -2.19 | 1.27 | 1.63 | 1.63 | 3.82 | 3.91 | 3 | 2.63 | 3.93 | 4.22 |

### 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 | 24 | 22 | 21 | 29 | 31 | 49 | 42 | 60 | 113 | 110 |
| Expenses | 18 | 17 | 20 | 19 | 23 | 43 | 37 | 46 | 91 | 88 |
| Operating Profit | 6 | 5 | 1 | 10 | 8 | 7 | 5 | 14 | 21 | 22 |
| OPM % | 26 | 22 | 6 | 36 | 26 | 13 | 12 | 24 | 19 | 20 |
| Other Income | 3 | 10 | 7 | 4 | 6 | 5 | 4 | 8 | 12 | 11 |
| Interest | 2 | 2 | 1 | 1 | 0 | 0 | 0 | 6 | 6 | 6 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 |
| Profit before tax | 5 | 11 | 6 | 12 | 12 | 9 | 7 | 14 | 26 | 26 |
| Tax % | 21 | 22 | 21 | 33 | 22 | 28 | 25 | 20 | 24 | — |
| Net Profit | 4 | 9 | 4 | 8 | 9 | 6 | 5 | 11 | 20 | 20 |
| EPS in Rs | 3.41 | 7.98 | 4.08 | 6.73 | 7.54 | 5.29 | 4.24 | 7.83 | 13.47 | 13.78 |
| 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 | 11 | 11 | 11 | 11 | 12 | 12 | 12 | 12 | 15 | 15 |
| Reserves | 31 | 35 | 43 | 46 | 59 | 71 | 77 | 91 | 196 | 195 |
| Borrowings | 24 | 17 | 12 | 7 | 4 | 6 | 7 | 46 | 80 | 77 |
| Other Liabilities | 16 | 18 | 17 | 20 | 28 | 16 | 18 | 20 | 38 | 33 |
| Total Liabilities | 82 | 81 | 83 | 84 | 103 | 105 | 113 | 169 | 329 | 320 |
| Fixed Assets | 35 | 34 | 31 | 30 | 28 | 29 | 29 | 129 | 128 | 127 |
| CWIP | 1 | 1 | 1 | 2 | 4 | 2 | 6 | 1 | 1 | 2 |
| Investments | 5 | 4 | 4 | 2 | 2 | 4 | 5 | 16 | 108 | 87 |
| Other Assets | 41 | 42 | 47 | 50 | 68 | 69 | 74 | 23 | 92 | 104 |
| Total Assets | 82 | 81 | 83 | 84 | 103 | 105 | 113 | 169 | 329 | 320 |

### 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 | 6 | 2 | -4 | 1 | 2 | 3 | 4 | 90 | -2 | -8 |
| Cash from Investing Activity | 2 | 4 | 11 | 5 | 1 | -6 | -3 | -90 | -29 | 16 |
| Cash from Financing Activity | -8 | -5 | -7 | -6 | 3 | -3 | -1 | -1 | 30 | -8 |
| Net Cash Flow | 0 | 1 | -1 | 0 | 6 | -5 | 0 | 0 | -1 | 0 |
| Free Cash Flow | 5 | 2 | 1 | 1 | -1 | 2 | -2 | -7 | -2 | -10 |
| CFO/OP | 106 | 50 | -70 | 264 | 30 | 57 | 84 | 1884 | 6 | -22 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 27 | 60 | 50 | 64 | 95 | 73 | 38 | 68 | 71 | 35 |
| Inventory Days | 184 | 121 | 131 | 222 | 374 | 144 | 93 | 125 | 104 | 51 |
| Days Payable | 168 | 92 | 43 | 209 | 353 | 56 | 25 | 66 | 88 | 43 |
| Cash Conversion Cycle | 43 | 89 | 138 | 76 | 116 | 162 | 107 | 126 | 87 | 43 |
| Working Capital Days | 242 | 306 | 464 | 443 | 380 | 547 | 357 | -380 | 333 | 219 |
| ROCE % | 13 | 14 | 13 | 8 | 18 | 14 | 10 | 8 | 9 | 11 |

## 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 | 65.9% | 65.9% | 65.9% | 65.9% | 66.06% | 55.1% | 54.34% | 54.34% | 54.34% | 54.34% | 54.34% | 54.34% |
| FIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 3.16% | 3.11% | 5.95% | 5.95% | 5.95% | 5.47% | 5.67% |
| DIIs | 0.02% | 0.02% | 0.02% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.71% | 24.74% | 24.77% | 23.59% | 22.34% | 22.91% | 23.97% | 30.13% | 30.12% | 30.1% | 30.55% | 28.62% |
| Others | 9.36% | 9.33% | 9.3% | 10.49% | 11.58% | 18.83% | 18.57% | 9.58% | 9.59% | 9.61% | 9.63% | 11.36% |
| No. of Shareholders | 7874 | 8065 | 9948 | 9848 | 8937 | 8953 | 8743 | 8757 | 9422 | 9334 | 9268 | 9165 |

## 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 / 5 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 133.95 | Buy |
| EMA (10) | 134.43 | Buy |
| SMA (20) | 136.42 | Sell |
| EMA (20) | 136.03 | Sell |
| SMA (50) | 139.17 | Sell |
| EMA (50) | 140.16 | Sell |
| SMA (100) | 147.86 | Sell |
| EMA (100) | 146.33 | Sell |
| SMA (200) | 157.43 | Sell |
| EMA (200) | 156.23 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.49 | Neutral |
| MACD (12,26,9) | -2.14 | Sell |
| Stochastic (14,3,3) | 33.88 | Neutral |
| ADX (14) | 26.25 | Buy |
| Williams %R (14) | -53.96 | Neutral |
| ATR (14) | 7.76 | High Volatility |
| ROC (12) | -0.74 | Sell |
| Stoch RSI (14) | 88.58 | Sell |
| UO (7,14,28) | 40.96 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-27 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75de7246-624f-489a-a14e-ed2b70de65b0.pdf) |
| 2026-08-27 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0cf98941-01f2-49c6-ae09-e75494b74dd2.pdf) |
| 2026-08-25 | [Proceedings Of 35Th Annual General Meeting Of The NTC Industries Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c41e183-9f70-437e-a751-9076be74926b.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d966c95-e1fe-43fd-97ed-b76ab8b617b8.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting _Q1_14.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3213b422-3e93-4afd-869f-ddeeedca5f12.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Intimation For Board Meeting For Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5e6e223-585d-4d5c-b4f1-5bdbbaaae168.pdf) |
| 2026-08-04 | [Regulation 30_Notice Of 35Th AGM Of NTC Industries Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ebfe8f3f-becb-454b-aebb-f1dadf98405a.pdf) |
| 2026-08-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5893ab1c-98b7-4382-b858-5b395d230269.pdf) |
| 2026-08-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27825259-e70f-4548-a415-82943ade35fd.pdf) |
| 2026-07-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27520359-826a-402a-adaf-330464124889.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Financial Result For Quarter Ended On 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7466d22-8c6c-45d6-9209-e3adc4b12800.pdf) |
| 2026-05-26 | [Results For The Financial Year Ending 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62184757-eb67-4c6b-abc1-3164db0fed70.pdf) |
| 2026-02-14 | [Result Financial Result 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8fe2230-d19b-4374-a1ed-b3e08b6f4365.pdf) |
| 2025-11-14 | [Results Of Quarter And Half Yearly Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9a7aeed-3901-4b9b-a3e1-288b7baea254.pdf) |
| 2025-08-14 | [Unaudited Financial Results For The Quarter Ended 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f26140aa-8e18-43af-9a27-93ee23edfa88.pdf) |
| 2025-05-30 | [Result_Financial Result_30.05.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=325b6768-af19-4600-83d0-1efc3c1ab533.pdf) |
| 2025-02-11 | [Unaudited Financial Results For The Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc4bce18-470c-4303-820f-a66367184a18.pdf) |
| 2024-11-09 | [Results For The Quarter And Half-Year Ended 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f51cfbc-494e-42b7-90d8-5f1689b642ca.pdf) |
| 2024-08-14 | [Unaudited Financial Results For The Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c8aa7ab-f9f1-493f-ae29-215197fb4297.pdf) |
| 2024-05-30 | [Results - Financial Results For The Quarter And Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51e2da38-42fa-4962-82be-df294f7fe46f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Newspaper Publication- notice of EGM and e-voting | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Apr - Newspaper Publication- notice of EGM and e-voting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2806e09d-cc0d-443c-86b8-4c5977968a6e.pdf) |
| 8 Apr - NTC Industries confirms it is not a large corporate as of 31 March 2026. | [Format Of The Initial Disclosure To Be Made By An Entity Identified As A Large Corporate Under Regulation 30 : Annexure A 8 Apr - NTC Industries confirms it is not a large corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/16dd07f0-a3b1-473f-9861-6a1ff98d61f5.pdf) |
| 8 Apr - Compliance Certificate pursuant to Regulation 74(5) of the SEBI (DP) Regulation 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Compliance Certificate pursuant to Regulation 74(5) of the SEBI (DP) Regulation 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fae0440c-9ae0-4c58-8af3-5631a25445c2.pdf) |
| 8 Apr - Company confirms it is not a Large Corporate under SEBI debt-fundraising circular as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 8 Apr - Company confirms it is not a Large Corporate under SEBI debt-fundraising circular as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7024af6-9735-4ad4-aecd-1a782fdea430.pdf) |
| 7 Feb - Q3FY26 revenue ₹80.4 Cr (+7% YoY), EBITDA ₹34.6 Cr (+26%), PAT ₹23.6 Cr (+17%); 51% acquisition of Uro Veneer World. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Feb - Q3FY26 revenue ₹80.4 Cr (+7% YoY), EBITDA ₹34.6 Cr (+26%), PAT ₹23.6 Cr (+17%); 51% acquisition of Uro Veneer World.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecc6cc12-e363-43e6-b961-310a94737f81.pdf) |
| 30 Apr - NTC Industries held EGM on 30 April 2026, approving material related party transactions and Section 185 authorization. | [Proceedings Of EGM 30 Apr - NTC Industries held EGM on 30 April 2026, approving material related party transactions and Section 185 authorization.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/edf3bf9b-2969-4d02-85ed-16c33de9bd56.pdf) |
| 30 Apr - NTC Industries held EGM on 30 April 2026, approving material related party transactions and Section 185 authorization. | [Proceedings Of EGM 30 Apr - NTC Industries held EGM on 30 April 2026, approving material related party transactions and Section 185 authorization.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/edf3bf9b-2969-4d02-85ed-16c33de9bd56.pdf) |
| 3 Apr - Information to shareholders regarding Extra-Ordinary General Meeting is going to be held on 29th April 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Apr - Information to shareholders regarding Extra-Ordinary General Meeting is going to be held on 29th April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4f936fae-3e2c-4055-be3a-4eecad165f92.pdf) |
| 2m - The management of the Company will be participating in the Arihant Bharat Connect Virtual Conference | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2m - The management of the Company will be participating in the Arihant Bharat Connect Virtual Conference](https://www.bseindia.com/xml-data/corpfiling/AttachLive/04cf2b49-81e5-44ac-a69e-37fde403066c.pdf) |
| 20 Feb - Shareholders approved MOA alteration on 04-Feb-2026; ROC registered amendment on 18-Feb-2026 adding food-products object. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 20 Feb - Shareholders approved MOA alteration on 04-Feb-2026; ROC registered amendment on 18-Feb-2026 adding food-products object.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59b1ea52-ca60-4bfc-b160-051d4a5ce1de.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/27825259-e70f-4548-a415-82943ade35fd.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf0c185e-0c09-4a42-bd02-e7c47398fa37.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e46e728b-a7f6-4db3-a64f-4fa0e171c04d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85c77126-b9ce-4d5f-ad98-0e91be50755b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526723/75626526723.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526723/72225526723.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526723/66928526723.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/526723/5267230319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/526723/5267230318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/526723/5267230317.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc4cca1a-e2c0-48be-baa5-ce2c8bd65a29.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 2026-09-13T19:16:53.044Z.