---
title: "NCL Research and Financial Services Ltd (530557) — Share Price, Financials & Analysis"
symbol: "530557"
company: "NCL Research and Financial Services Ltd"
canonical: "https://tapetide.com/stocks/530557"
isin: "INE132F01038"
nse_symbol: "NCLRESEARCHFINANCIALSERVILTD"
bse_code: "530557"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 109.9
generated_at: "2026-09-13T19:31:28.075Z"
---

# NCL Research and Financial Services Ltd (530557)

Canonical page: https://tapetide.com/stocks/530557

## Company

- **NSE Symbol:** NCLRESEARCHFINANCIALSERVILTD
- **BSE Code:** 530557
- **ISIN:** INE132F01038
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** nclfin.com

## About

Incorporated in 1985, NCL Research and Financial Service Ltd is in the business of finance and investments.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:02.032582Z.

- **Market Cap:** ₹109.9 Cr
- **Classification:** Microcap
- **P/E (reported):** -35
- **EPS (TTM):** ₹-0.02
- **EPS (reported):** ₹0.02
- **Book Value:** ₹1.02
- **Price to Book:** 0.69
- **Dividend Yield:** 0%
- **ROE:** -2.37%
- **ROCE:** -2.57%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹6.2 Cr
- **Net Income:** ₹-2.6 Cr
- **EBITDA:** ₹-2.8 Cr
- **52-Week High:** ₹0.97
- **52-Week Low:** ₹0.43
- **RSI (14):** 41.53

## Tapetide Score

- **Score:** 54 / 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: Fair · Momentum: Rising
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 76%
- **Data coverage:** 69%

| Pillar | Score | Weight |
| --- | --- | --- |
| growth | 27.14 | 9.89% |
| momentum | 97.69 | 13.19% |
| ownership | 50 | 26.37% |
| quality | 40.95 | 24.18% |
| valuation | 57.18 | 26.37% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 1.02 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.67% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 105.04% | 104.35% | -77.49% |
| ebitda margin growth | 121.74% | 632.25% | -356.18% | -179.7% |
| net income growth | 119.64% | 85.71% | -262.5% | -360% |
| revenue growth | 833.33% | -34.04% | 16% | 27% |
| roce | — | 358.93% | -243.58% | 0.21% |
| roe | — | 97.5% | -0.71% | -242.77% |

## 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 1.19 | 1.21 | 7.2 | 1.38 | 1.48 | 3.65 | 2.02 | 1.82 | 1.93 | 2.13 | 0.28 | 1.67 |
| Expenses | 0.64 | 0.32 | 8.23 | 4 | 1.03 | 2.78 | 1.27 | 0.32 | 0.36 | 1.55 | 6.59 | 0.73 |
| Financing Profit | 0.55 | 0.89 | -1.03 | -2.62 | 0.45 | 0.85 | 0.75 | 1.5 | 1.57 | 0.58 | -6.31 | 0.94 |
| Financing Margin % | 46.22 | 73.55 | -14.31 | -189.86 | 30.41 | 23.29 | 37.13 | 82.42 | 81.35 | 27.23 | -2253.57 | 56.29 |
| Other Income | -0.76 | 0.53 | 1.2 | 0.89 | 1.06 | -1.35 | -0.62 | 0.78 | -0.25 | 0 | -0.55 | 0.55 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | -0.22 | 1.41 | 0.15 | -1.74 | 1.5 | -0.52 | 0.11 | 2.27 | 1.31 | 0.57 | -6.87 | 1.48 |
| Tax % | -27.27 | 24.82 | -53.33 | 24.14 | 26.67 | -26.92 | 18.18 | 25.11 | 25.19 | 28.07 | -18.49 | 24.32 |
| Net Profit | -0.17 | 1.05 | 0.24 | -2.16 | 1.09 | -0.38 | 0.1 | 1.7 | 0.98 | 0.41 | -5.59 | 1.13 |
| EPS in Rs | 0 | 0.01 | 0 | -0.01 | 0.01 | 0 | 0 | 0.01 | 0.01 | 0 | -0.04 | 0.01 |

### 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 2.81 | 3.4 | 2.43 | 1.85 | 1.96 | 3.96 | 10.83 | 8.53 | 6.16 | 6.01 |
| Expenses | 2.69 | 3.24 | 2.42 | 1.84 | 0.86 | 3 | 9.5 | 9.96 | 8.95 | 9.23 |
| Financing Profit | 0.12 | 0.16 | 0.01 | 0.01 | 1.1 | 0.84 | 1.31 | -1.45 | -2.79 | -3.22 |
| Financing Margin % | 4.27 | 4.71 | 0.41 | 0.54 | 56.12 | 21.21 | 12.1 | -17 | -45.29 | -53.58 |
| Other Income | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.73 | 0.85 | 0.01 | -0.25 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.12 | 0.02 | 0.02 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0.05 | 0.05 | 0.05 | 0.06 | 0.04 | 0.04 |
| Profit before tax | 0.12 | 0.16 | 0.02 | 0.02 | 1.06 | 0.8 | 1.99 | -0.66 | -2.82 | -3.51 |
| Tax % | 41.67 | 31.25 | 50 | 0 | 0.94 | 25 | 18.59 | 106.06 | -7.8 | — |
| Net Profit | 0.07 | 0.11 | 0.02 | 0.01 | 1.04 | 0.6 | 1.61 | -1.36 | -2.6 | -3.07 |
| EPS in Rs | 0 | 0 | 0 | 0 | 0.01 | 0 | 0.01 | -0.01 | -0.02 | -0.02 |
| 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 | 29.09 | 29.09 | 29.09 | 29.09 | 29.09 | 58.17 | 107.03 | 107.03 | 107.03 | 107.03 |
| Reserves | 32.59 | 32.65 | 32.77 | 32.79 | 32.81 | 4.82 | 17.08 | 3.7 | 5.92 | 2.62 |
| Borrowing | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.21 | 0.15 | 0.67 | 0.14 | 0.27 | 0.31 | 4.94 | 2.5 | 9.54 | 12.13 |
| Total Liabilities | 61.89 | 61.89 | 62.53 | 62.02 | 62.17 | 64.3 | 129.05 | 113.23 | 122.49 | 121.78 |
| Fixed Assets | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.21 | 0.17 | 0.17 | 0.12 | 0.1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 6.25 | 6.75 | 7.83 | 9.9 | 11.97 | 15.38 | 40.07 | 19.72 | 2.86 | 2.94 |
| Other Assets | 55.61 | 55.12 | 54.68 | 52.1 | 50.18 | 48.71 | 88.81 | 93.34 | 119.51 | 118.74 |
| Total Assets | 61.89 | 61.89 | 62.53 | 62.02 | 62.17 | 64.3 | 129.05 | 113.23 | 122.49 | 121.78 |

### 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 | -3.77 | -0.11 | -0.32 | 2.16 | 2.03 | 3.91 | -24.46 | -20.21 | -17.47 | 0.88 |
| Cash from Investing Activity | 3.06 | 0 | 0 | -2.06 | -2.08 | -3.41 | -24.54 | 20.38 | 16.9 | -0.04 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | -0.24 | 48.86 | -0.06 | 0.01 | -0.6 |
| Net Cash Flow | -0.71 | -0.11 | -0.32 | 0.09 | -0.05 | 0.26 | -0.14 | 0.11 | -0.57 | 0.24 |
| Free Cash Flow | -3.77 | -0.11 | -0.32 | 2.16 | 2.03 | 3.91 | -24.46 | -20.21 | -17.47 | 0.88 |
| CFO/OP | 6283 | -75 | -175 | 21700 | 20300 | 357 | -2527 | -1491 | 1173 | -61 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | -0.08 | 0.11 | 0.18 | 0.03 | 0.02 | 1.67 | 0.64 | 1.42 | -1.22 | -2.34 |

## 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 | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 91.71% | 91.82% | 91.74% | 91.46% | 91.66% | 91.71% | 91.74% | 90.99% | 91.43% | 91.8% | 91.79% | 91.79% |
| Others | 8.29% | 8.18% | 8.26% | 8.54% | 8.34% | 8.29% | 8.26% | 9.01% | 8.57% | 8.2% | 8.21% | 8.21% |
| No. of Shareholders | 248640 | 270748 | 328365 | 380010 | 404532 | 456496 | 461059 | 453079 | 444180 | 435475 | 426851 | 426662 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 5 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.7 | Buy |
| EMA (10) | 0.71 | Sell |
| SMA (20) | 0.73 | Sell |
| EMA (20) | 0.71 | Sell |
| SMA (50) | 0.68 | Buy |
| EMA (50) | 0.68 | Buy |
| SMA (100) | 0.61 | Buy |
| EMA (100) | 0.62 | Buy |
| SMA (200) | 0.53 | Buy |
| EMA (200) | 0.59 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.21 | Neutral |
| MACD (12,26,9) | 0 | Sell |
| Stochastic (14,3,3) | 14.29 | Buy |
| ADX (14) | 14.57 | Neutral |
| Williams %R (14) | -78.57 | Neutral |
| ATR (14) | 0.02 | Neutral |
| ROC (12) | -13.41 | Sell |
| Stoch RSI (14) | 20.68 | Neutral |
| UO (7,14,28) | 70.21 | Sell |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b051994-791b-415c-adcc-0801435e4ea4.pdf) |
| 2026-09-04 | [Corporate Action - Fixes Book Closure For AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=412fe678-9be4-46be-acad-2fcc6d07c674.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=894f80c0-0399-4039-83e7-329082145f2a.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=080cf0a8-71e6-4af4-83cb-04090a65541a.pdf) |
| 2026-08-21 | [Board Meeting Outcome for To Consider Issue Of Shares (Right Issue)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fb6ff0bd-6c8a-4fb7-a707-8c9b12a07089.pdf) |
| 2026-08-21 | [Corporate Action - Fixes Record Date For Right Issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1e8f7b5-9bea-4184-bd9d-5337b8b85053.pdf) |
| 2026-08-21 | [Board Meeting Outcome for Fund Raising (Right Issue)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7096fc64-2f66-4d87-80bf-9f6f8cd93ed3.pdf) |
| 2026-08-21 | [Corporate Action - Revised Record Date For Right Issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=414ae76f-9a2d-44c3-8f1c-bffa66a206ed.pdf) |
| 2026-08-17 | [Board Meeting Intimation for Approval Of Agenda Related To Fund Raising Via Right Issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a891e8aa-d537-4154-aaee-fda7c613f6b1.pdf) |
| 2026-08-14 | [Announcement U/R 30 - Receipt Of In-Principle Approval Letter From BSE For Right Issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a367c2e-7219-4ebc-af4a-7fdcda0b5e00.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Results - Unaudited Financial Results For QE June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8332d87f-3b2e-46db-9284-5bf59606f3a8.pdf) |
| 2026-05-29 | [Results - Audited Financial Results For QE/YE March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f38f272-8518-453b-aa7e-fe8b8d70899f.pdf) |
| 2026-02-05 | [Results - Unaudited Financial Results For QE Dec 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd1cdd3a-d06d-4b36-8570-d1cb47746abd.pdf) |
| 2025-11-13 | [Results - Unaudited Financial Results For QE Sept 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22d88cd2-5856-411f-bd4c-5329f2110237.pdf) |
| 2025-08-12 | [Results - Unaudited Financial Results For QE June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d983a3c-0905-4991-8176-12e0f61cf91a.pdf) |
| 2025-05-30 | [Results - Audited Results For March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fa90dbc-329e-4763-92a8-ba9ff3bb791f.pdf) |
| 2025-02-12 | [Results - Unaudited Financial Results For QE Dec 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9ff95d8-e97d-4c7e-9ac9-c9639fcf1996.pdf) |
| 2024-11-14 | [Results - Unaudited Financial Results For QE Sept 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35a24068-ccd1-476a-9046-10a787ca21d7.pdf) |
| 2024-08-13 | [Results - Unaudited Financial Results For QE June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d49a606a-a33c-4a6d-ae53-10002c2f5985.pdf) |
| 2024-05-29 | [Results - Audited Financial Results For QE/YE March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca55e48d-23f4-43e9-ac55-f8d696a5cb9d.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - RTA certificate under Regulation 74(5) for quarter ended 31 March 2026; no shares dematerialised. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - RTA certificate under Regulation 74(5) for quarter ended 31 March 2026; no shares dematerialised.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e408499-6b80-418f-a06c-ab5b6d6e8bb6.pdf) |
| 9 Apr - Filed Regulation 57(5) NIL report for quarter ended March 31, 2026; no NCDs or bonds outstanding. | [Compliance-57 (5) : intimation after the end of quarter 9 Apr - Filed Regulation 57(5) NIL report for quarter ended March 31, 2026; no NCDs or bonds outstanding.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5aa188e-9cfd-4b66-ac1a-7f17e5e0db24.pdf) |
| 8 Feb - Newspaper cutting of publication of Unaudited Financial Results for QE Dec 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Feb - Newspaper cutting of publication of Unaudited Financial Results for QE Dec 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3588a5a1-d1c8-472c-bac4-b7bf8496eefa.pdf) |
| 7 Feb - Newspaper Publication for Unaudited Financial Results of the Company for the quarter and nine months ended 31st December, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Feb - Newspaper Publication for Unaudited Financial Results of the Company for the quarter and nine months ended 31st December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b10c5f04-3772-4941-b98b-b90604379b5b.pdf) |
| 5 Jan - RTA certificate for NCL Research under Reg 74(5) for QE 31-Dec-2025; no dematerialisations. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan - RTA certificate for NCL Research under Reg 74(5) for QE 31-Dec-2025; no dematerialisations.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d338d25f-0567-41cd-81da-9896b251159d.pdf) |
| 5 Jan - NIL report under Reg 57(5): company has no NCDs, interest/principal not applicable for quarter ended Dec 31, 2025. | [Compliance-57 (5) : intimation after the end of quarter 5 Jan - NIL report under Reg 57(5): company has no NCDs, interest/principal not applicable for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8695d779-f45a-4e94-b4e3-85145045a1bc.pdf) |
| 5 Feb - Unaudited Q3 FY26 results; auditor flagged Rs22,35,42,398 loans lacking interest recognition. | [Results - Unaudited Financial Results For QE Dec 31, 2025 5 Feb - Unaudited Q3 FY26 results; auditor flagged Rs22,35,42,398 loans lacking interest recognition.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd1cdd3a-d06d-4b36-8570-d1cb47746abd.pdf) |
| 5 Feb - Approved unaudited Q3/9M results (31 Dec 2025); auditor qualified inventory valuation; sale proceeds Rs2,660l; exceptional profit Rs1,014l. | [Board Meeting Outcome for Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2025 5 Feb - Approved unaudited Q3/9M results (31 Dec 2025); auditor qualified inventory valuation; sale proceeds Rs2,660l; exceptional profit Rs1,014l.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8a902fbd-d06e-49cf-a004-10bb4448bb14.pdf) |
| 29 Jan - Board meeting on 5 Feb 2026 to approve unaudited results for quarter and nine months ended 31-Dec-2025. | [Board Meeting Intimation for Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2025 29 Jan - Board meeting on 5 Feb 2026 to approve unaudited results for quarter and nine months ended 31-Dec-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dba61ce6-3fb1-4fa1-a869-471498c3f497.pdf) |
| 25 Mar - Confirms Regulation 57(4) not applicable for QE June 30, 2026; no NCS or unpaid obligations. | [Compliance-57 (4) : Prior intimation to the beginning of the quarter 25 Mar - Confirms Regulation 57(4) not applicable for QE June 30, 2026; no NCS or unpaid obligations.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b62e53c9-5cc6-456c-b231-5d3c6e8edde9.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74838d78-cdb3-4483-9084-b45f38e77140.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e18e4013-e732-4a5f-a7c2-b30775e23180.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2609447-ddb3-4356-ac1f-0455eac4e396.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f3fa6ac-9607-42d2-a583-02ab9505cefc.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8adc2cb-afbb-44c1-894c-648fc9e183e7.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ee9479c-25a9-4a42-8bc0-cb9114627f87.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500166/73386500166.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/530557/74725530557.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500166/69615500166.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/530557/70016530557.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 2026-09-13T19:31:28.075Z.
