---
title: "Explicit Finance Ltd (530571) — Share Price, Financials & Analysis"
symbol: "530571"
company: "Explicit Finance Ltd"
canonical: "https://tapetide.com/stocks/530571"
isin: "INE335G01019"
nse_symbol: "EXPLICITFINANCELTD"
bse_code: "530571"
sector: "Commercial Services"
industry: "Diversified Services"
market_cap_cr: 6.9
generated_at: "2026-09-13T19:31:27.974Z"
---

# Explicit Finance Ltd (530571)

Canonical page: https://tapetide.com/stocks/530571

## Company

- **NSE Symbol:** EXPLICITFINANCELTD
- **BSE Code:** 530571
- **ISIN:** INE335G01019
- **Sector:** Commercial Services
- **Industry:** Diversified Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** explicitfinance.net

## About

ncorporated in 1994, Explicit Finance Ltd is in the business of Finance and Investment activities[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:53:15.869130Z.

- **Market Cap:** ₹6.9 Cr
- **Classification:** Microcap
- **P/E (reported):** -148
- **EPS (TTM):** ₹-0.06
- **Book Value:** ₹8.52
- **Price to Book:** 0.87
- **Dividend Yield:** 0%
- **ROE:** -0.11%
- **ROCE:** -0.11%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹3.3 Cr
- **Net Income:** ₹0 Cr
- **EBITDA:** ₹0 Cr
- **52-Week High:** ₹15.94
- **52-Week Low:** ₹7.09
- **RSI (14):** 6.75

## Tapetide Score

- **Score:** 35 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 6 (of 4473 scored stocks)
- **Confidence:** 91%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 86.12 | 9% |
| growth | 11 | 9% |
| momentum | 25.04 | 12% |
| ownership | 50 | 24% |
| quality | 21.9 | 22% |
| valuation | 29.32 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.91 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -13.3% over past five years.
- Promoter holding is low: 12.1%
- Company has a low return on equity of 0.04% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -333.33% | -302.5% | -587.88% |
| ebitda margin growth | 200% | -400% | -112.5% | -98.65% |
| net income growth | 150% | -126% | — | 11% |
| revenue growth | -28.57% | -51.47% | -48% | -13% |
| roce | — | 83.33% | -147.83% | -0.64% |
| roe | — | 83.33% | 0.01% | -96.84% |

## 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 | 2.69 | 3.38 | 2.91 | 1.42 | 1.77 | 1.23 | 2.36 | 0.89 | 0.82 | 0.89 | 0.67 | 0.46 |
| Expenses | 2.8 | 3.02 | 3.09 | 1.51 | 1.73 | 1.15 | 2.4 | 0.79 | 0.93 | 0.74 | 0.81 | 0.39 |
| Operating Profit | -0.11 | 0.36 | -0.18 | -0.09 | 0.04 | 0.08 | -0.04 | 0.1 | -0.11 | 0.15 | -0.14 | 0.07 |
| OPM % | -4.09 | 10.65 | -6.19 | -6.34 | 2.26 | 6.5 | -1.69 | 11.24 | -13.41 | 16.85 | -20.9 | 15.22 |
| Other Income | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 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 | -0.11 | 0.36 | -0.17 | -0.09 | 0.04 | 0.08 | -0.03 | 0.1 | -0.11 | 0.15 | -0.14 | 0.07 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -0.11 | 0.36 | -0.18 | -0.1 | 0.04 | 0.08 | -0.03 | 0.1 | -0.11 | 0.15 | -0.15 | 0.06 |
| EPS in Rs | -0.12 | 0.39 | -0.19 | -0.11 | 0.04 | 0.09 | -0.03 | 0.11 | -0.12 | 0.16 | -0.16 | 0.06 |

### 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 | 12.2 | 4.55 | 7.19 | 6.66 | 12.03 | 22.86 | 9.4 | 6.77 | 3.27 | 2.84 |
| Expenses | 12.34 | 4.73 | 7.25 | 6.73 | 12.55 | 22.85 | 9.39 | 6.79 | 3.27 | 2.87 |
| Operating Profit | -0.14 | -0.18 | -0.06 | -0.07 | -0.52 | 0.01 | 0.01 | -0.02 | 0 | -0.03 |
| OPM % | -1.15 | -3.96 | -0.83 | -1.05 | -4.32 | 0.04 | 0.11 | -0.3 | 0 | -1.06 |
| Other Income | 0.01 | 0.1 | 0.04 | 0.04 | 0.25 | 0.01 | 0.01 | 0.02 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0 |
| Profit before tax | -0.14 | -0.08 | -0.02 | -0.03 | -0.27 | 0.01 | 0.02 | -0.01 | -0.01 | -0.03 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -0.14 | -0.08 | -0.02 | -0.03 | -0.27 | 0.01 | 0.02 | 0 | -0.01 | -0.05 |
| EPS in Rs | -0.15 | -0.09 | -0.02 | -0.03 | -0.29 | 0.01 | 0.02 | 0 | -0.01 | -0.06 |
| Dividend Payout % | 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 | 9.27 | 9.27 | 9.27 | 9.27 | 9.27 | 9.27 | 9.27 | 9.27 | 9.27 | 9.27 |
| Reserves | -0.84 | -0.98 | -1.35 | -1.49 | -1.11 | -1.38 | -1.37 | -1.36 | -1.36 | -1.37 |
| Borrowings | 0.03 | 0.02 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.15 | 0.15 | 0.14 | 0.37 | 0.41 | 0.03 | 0.02 | 0.05 | 0.05 | 0.09 |
| Total Liabilities | 8.61 | 8.46 | 8.06 | 8.15 | 8.57 | 7.92 | 7.92 | 7.96 | 7.96 | 7.99 |
| Fixed Assets | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.05 | 0.85 | 0.57 | 0.44 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8.54 | 7.6 | 7.48 | 7.71 | 8.57 | 7.92 | 7.91 | 7.95 | 7.95 | 7.98 |
| Total Assets | 8.61 | 8.46 | 8.06 | 8.15 | 8.57 | 7.92 | 7.92 | 7.96 | 7.96 | 7.99 |

### 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 | -0.01 | 1.19 | -0.35 | -0.05 | -0.52 | 0.33 | 0.89 | -0.4 | 0.69 | -1.61 |
| Cash from Investing Activity | 0 | -0.8 | 0 | 0.03 | 0.85 | 0.01 | -0.01 | -0.01 | 0 | -0.01 |
| Cash from Financing Activity | 0 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.01 | 0.38 | -0.35 | -0.02 | 0.33 | 0.34 | 0.88 | -0.4 | 0.7 | -1.63 |
| Free Cash Flow | -0.01 | 1.19 | -0.35 | -0.04 | -0.52 | 0.33 | 0.88 | -0.41 | 0.69 | -1.63 |
| CFO/OP | -520 | -850 | 194 | 83 | 743 | -63 | 8900 | -4000 | -3450 | — |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 4.01 | 34.52 | 0 | 0 | 0 | 0 | 0.54 | 0 |
| Inventory Days | 35.12 | 54.16 | 178.86 | 87.62 | 116.53 | 52.6 | 8.46 | 18.97 | 10.64 | 20.74 |
| Days Payable | 8.95 | 3.61 | 0 | 0 | 3.7 | 1.06 | 0 | 0 | 0.56 | 1.38 |
| Cash Conversion Cycle | 26.17 | 50.55 | 182.87 | 122.14 | 112.83 | 51.54 | 8.46 | 18.97 | 10.62 | 19.36 |
| Working Capital Days | 547.83 | 210.02 | 180.49 | 105.59 | 105.23 | 45.81 | 8.62 | 19.03 | 12.4 | 15.63 |
| ROCE % | -0.69 | -1.67 | -0.99 | -0.25 | -0.38 | -3.36 | 0.25 | 0.25 | -0.13 | -0.13 |

## 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 | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% | 12.09% |
| 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 | 31.17% | 31.22% | 31.32% | 31.17% | 31.27% | 31.28% | 31.27% | 31.28% | 31.48% | 31.5% | 31.5% | 31.5% |
| Others | 56.74% | 56.68% | 56.58% | 56.74% | 56.63% | 56.63% | 56.63% | 56.63% | 56.43% | 56.41% | 56.4% | 56.4% |
| No. of Shareholders | 2259 | 2286 | 2433 | 2435 | 2543 | 2558 | 2568 | 2555 | 2566 | 2537 | 2534 | 2520 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7.52 | Buy |
| EMA (10) | 7.55 | Buy |
| SMA (20) | 7.62 | Buy |
| EMA (20) | 7.71 | Buy |
| SMA (50) | 8.52 | Sell |
| EMA (50) | 8.32 | Sell |
| SMA (100) | 9.22 | Sell |
| EMA (100) | 8.97 | Sell |
| SMA (200) | 10.37 | Sell |
| EMA (200) | 9.26 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.78 | Neutral |
| MACD (12,26,9) | -0.26 | Buy |
| Stochastic (14,3,3) | 27.45 | Neutral |
| ADX (14) | 24.75 | Neutral |
| Williams %R (14) | -33.82 | Neutral |
| ATR (14) | 0.16 | Neutral |
| ROC (12) | -2.88 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 52.41 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=346bdf20-faaa-4865-bc2b-9cd450c05c47.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57c9cfd1-1155-4ab9-889c-1ffdb4dda474.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2895c422-f568-420e-af10-6604380cf569.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Outcome Of Board Meeting Held Today August 12 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96e0ed7b-1e0d-4c0a-b850-2f28438216ed.pdf) |
| 2026-08-04 | [Board Meeting Intimation for Financial Results Annual General Meeting Appointment Of Independent Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67c84a86-fec1-4adf-a613-f9dc99110793.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c11975ab-2d27-4687-8c4f-650d0e890e23.pdf) |
| 2026-06-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1372de5e-a8da-49a5-b1da-59998e4417e5.pdf) |
| 2026-06-16 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad8598f0-562b-4073-8872-c0554d8283ef.pdf) |
| 2026-06-12 | [Board Meeting Intimation for 1) To Appoint An Independent Director; 2) Any Other Item With Permission Of Chair.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d813cd8d-f913-4110-aeb4-6cb32fd63855.pdf) |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f402dd4f-506a-47c8-a32e-fe3ba8baba4e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Results - Financial Results June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e69dfad7-496b-493e-ab61-508c72fb86e1.pdf) |
| 2026-02-13 | [Financial Results For The Quarter Ended 31-12-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a67d3e6-660b-4746-a664-023b68dc1f58.pdf) |
| 2025-02-14 | [Results-Financial Results-Dec 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdc21a86-2bd8-44e3-95ce-4afb136faf47.pdf) |
| 2023-11-09 | [Results-Financial Results Sep 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=940a9c16-c5ae-421f-b132-899070279fe5.pdf) |
| 2023-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59138f04-5466-44df-a409-5ae0bba3a242.pdf) |
| 2023-05-30 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=461fd46a-1b1b-4295-b2ff-49cb6f38b8f4.pdf) |
| 2023-02-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1fa936a-a9cd-424c-bc41-6deafc3d9481.pdf) |
| 2022-11-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e17df2fd-1eb3-4e19-87c0-da54e7641c70.pdf) |
| 2022-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a75837e-cb1c-4493-9dc0-de3422f15254.pdf) |
| 2022-05-30 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ac69003-1b56-4df6-aeef-e375f58fe330.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5m - Analyst/Institutional meet rescheduled to 17 March 2026 with Sameeksha India Equity Fund, one-on-one virtual. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5m - Analyst/Institutional meet rescheduled to 17 March 2026 with Sameeksha India Equity Fund, one-on-one virtual.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8ca53c2e-45e1-47ea-bf3e-f9d4b69e5c11.pdf) |
| 30 Apr - Company confirms it is not a large corporate under SEBI debt circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it is not a large corporate under SEBI debt circular.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/685a885c-eac8-4a45-8443-6e6acf24f6e4.pdf) |
| 30 Apr - Company confirms it is not a large corporate under SEBI debt circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it is not a large corporate under SEBI debt circular.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/685a885c-eac8-4a45-8443-6e6acf24f6e4.pdf) |
| 3 Feb - Board meeting Feb 13, 2026 to approve unaudited standalone Q3 and nine-month results ended Dec 31, 2025. | [Board Meeting Intimation for Board Meeting Intimation 3 Feb - Board meeting Feb 13, 2026 to approve unaudited standalone Q3 and nine-month results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d3a8b02-2747-44d9-a4a8-1ec05d264c89.pdf) |
| 24 Feb - Analyst/investor one-on-one plant visit with ITI Capital and Antique on 27 Feb 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 24 Feb - Analyst/investor one-on-one plant visit with ITI Capital and Antique on 27 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2200b4ff-97ad-477e-8ff6-fdcdb2b66b1e.pdf) |
| 21 Mar - Independent director Neelam Bhanushali (DIN 09744140) resigned effective 20 March 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 21 Mar - Independent director Neelam Bhanushali (DIN 09744140) resigned effective 20 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aec9d2b0-dea5-43ca-8301-5d0b2e91fc0b.pdf) |
| 2 Mar - Analyst/investor one-on-one meetings with Ashika Stock Services on 5–6 March 2026; physical plant visit. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Mar - Analyst/investor one-on-one meetings with Ashika Stock Services on 5–6 March 2026; physical plant visit.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b10519c1-4db1-4fbc-bc00-f8b54862a407.pdf) |
| 17 Feb - Investor meeting with Dalton Investments on 27 Feb 2026; one-on-one, plant visit; no UPSI. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Feb - Investor meeting with Dalton Investments on 27 Feb 2026; one-on-one, plant visit; no UPSI.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0fee02ee-f60e-4938-b5f4-acfd12aa119a.pdf) |
| 13 Feb - Board approved unaudited Q3 and nine-month results for period ended 31 Dec 2025; limited review report dated 13 Feb 2026. | [Board Meeting Outcome for Outcome Of Board Meeting 13 Feb - Board approved unaudited Q3 and nine-month results for period ended 31 Dec 2025; limited review report dated 13 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a892542b-4ab0-41d2-8c5d-62fd8af5c8c5.pdf) |
| 12 Feb - DRC-07 dated 12.02.2026: proposed GST demand ₹17,45,716 dropped; no tax, interest, penalty payable. | [Announcement Under Reg. 30 (LODR) - GST Update 12 Feb - DRC-07 dated 12.02.2026: proposed GST demand ₹17,45,716 dropped; no tax, interest, penalty payable.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1593d5d4-f139-44b7-8c5a-6ab0dc2b14d9.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7497824a-cb8f-4cd6-8807-c331c029013d.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/22c70e59-921a-4ed1-ba31-2982f59b01c5.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df90ade3-58f5-4dd4-a9ae-cb21b4de9480.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7425c3e-5df7-43f7-8b73-a72b9b6ff2fc.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75298b43-8e82-4ed6-b247-e4b436a308b4.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/866204f3-66aa-441a-98ef-2e969903feea.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50e61c1b-f3f5-4597-9676-227387255ce8.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9efdd28a-63a5-4c45-8b7d-d7a2cf881b28.pdf) |
| Apr 2024 | [Concall - Apr 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28463f95-3dc7-44f6-b5a9-079df52899ca.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82c9b244-07a8-4d61-a1c5-57b743fbcb28.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51b6f6b9-31c2-4859-a793-26be1e031651.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61f9c921-4862-4b91-93a4-eaac5aea92f6.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/829b87ab-8168-40ae-8ab0-f9040bcb3044.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77c60f06-22d1-4ec8-aa98-1e64af6f1d49.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/530571/76331530571.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/530571/69447530571.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/530571/66521530571_08_09_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/530571/5305710319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2018/EXPLICIT_FINANCE_LTD-530571-MARCH-2018.PDF) |

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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 2026-09-13T19:31:27.974Z.