---
title: "Cosboard Industries Ltd (530859) — Share Price, Financials & Analysis"
symbol: "530859"
company: "Cosboard Industries Ltd"
canonical: "https://tapetide.com/stocks/530859"
isin: "INE496D01016"
bse_code: "530859"
sector: "Commodities"
industry: "Paper, Forest & Jute Products"
generated_at: "2026-09-13T18:58:42.084Z"
---

# Cosboard Industries Ltd (530859)

Canonical page: https://tapetide.com/stocks/530859

## Company

- **BSE Code:** 530859
- **ISIN:** INE496D01016
- **Sector:** Commodities
- **Industry:** Paper, Forest & Jute Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2010-05-04
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** cosboard.com

## About

Cosboard Industries is engaged into manufacturing, marketing and distributing paper product.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.02 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | -431% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.21 | 0.2 | 0.35 | 1.11 | 0.01 | 0 | 1.17 | 0 | 0 | 0.16 | 0 | 0.63 |
| Operating Profit | -0.21 | -0.2 | -0.35 | -1.11 | -0.01 | 0 | -1.17 | 0 | 0 | -0.16 | 0 | -0.63 |
| Other Income | 0 | 0 | 0 | 0 | 0.01 | 0 | 1.33 | 0 | 0 | 0 | 0 | 0.6 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.24 |
| Depreciation | 0.66 | 0.67 | 0.67 | 0.66 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.87 | -0.87 | -1.02 | -1.77 | 0 | 0 | 0.16 | 0 | 0 | -0.16 | 0 | -0.27 |
| Tax % | 2.3 | 0 | 0 | 0 | — | — | 18.75 | — | — | 0 | — | 0 |
| Net Profit | -0.9 | -0.87 | -1.02 | -1.77 | 0 | 0 | 0.13 | 0 | 0 | -0.16 | 0 | -0.27 |
| EPS in Rs | -2.1 | -2.03 | -2.38 | -4.12 | 0 | 0 | 0.3 | 0 | 0 | -0.37 | 0 | -0.63 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 62.71 | 77.25 | 109.47 | 32.05 | 1.41 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 55.73 | 66.11 | 96.74 | 35.35 | 4.32 | 0.84 | 1.94 | 0.04 | 1.33 | 0.79 |
| Operating Profit | 6.98 | 11.14 | 12.73 | -3.3 | -2.91 | -0.84 | -1.94 | -0.04 | -1.33 | -0.79 |
| OPM % | 11.13 | 14.42 | 11.63 | -10.3 | -206.38 | — | — | — | — | — |
| Other Income | 0.1 | 0.09 | 0.12 | 0.01 | -34.23 | 0 | 0.01 | 0.04 | 1.33 | 0.6 |
| Interest | 4.87 | 7.5 | 9.12 | 2.7 | 0 | 0 | 0 | 0 | 0 | 0.24 |
| Depreciation | 0.34 | 2.75 | 2.73 | 2.7 | 2.68 | 2.67 | 2.67 | 0 | 0 | 0 |
| Profit before tax | 1.87 | 0.98 | 1 | -8.69 | -39.82 | -3.51 | -4.6 | 0 | 0 | -0.43 |
| Tax % | 6.42 | 72.45 | 52 | 1.61 | 0.05 | 2.28 | 0 | — | — | — |
| Net Profit | 1.76 | 0.27 | 0.48 | -8.84 | -39.84 | -3.6 | -4.6 | 0 | 0 | -0.43 |
| EPS in Rs | 4.1 | 0.63 | 1.12 | -20.59 | -92.78 | -8.38 | -10.71 | 0 | 0 | -1 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | — | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 |
| Reserves | 1.64 | 1.92 | 2.39 | -7.89 | -47.74 | -51.35 | 23.23 | 23.21 | 59.12 | 58.85 |
| Borrowings | 61.99 | 71.06 | 73.83 | 82.91 | 85.85 | 86.1 | 18.67 | 27.34 | 32.28 | 43.52 |
| Other Liabilities | 8.32 | 18.94 | 14.29 | 17.3 | 14.93 | 15.33 | 1.84 | 0.44 | 0.56 | 0.96 |
| Total Liabilities | 76.24 | 96.21 | 94.8 | 96.61 | 57.33 | 54.37 | 48.03 | 55.28 | 96.25 | 107.62 |
| Fixed Assets | 2.79 | 29.69 | 26.97 | 24.29 | 18.39 | 15.71 | 13.02 | 10.36 | 43.6 | 42.27 |
| CWIP | 29.6 | 1.1 | 1.52 | 2.63 | 2.63 | 2.63 | 2.63 | 8.33 | 18.13 | 20.81 |
| Investments | 0.02 | 0.14 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 | 0.25 |
| Other Assets | 43.83 | 65.28 | 66.06 | 69.44 | 36.06 | 35.78 | 32.13 | 36.34 | 34.27 | 44.29 |
| Total Assets | 76.24 | 96.21 | 94.8 | 96.61 | 57.33 | 54.37 | 48.03 | 55.28 | 96.25 | 107.62 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1.47 | -16.48 | -8.92 | -2.13 | -11.5 | 10.47 | 3.3 | -1.93 | 0.04 | 1.17 |
| Cash from Investing Activity | -11.22 | -3.05 | -1.22 | -0.46 | -1.1 | 3.2 | 0 | -7.12 | -6.67 | -7.84 |
| Cash from Financing Activity | 9.67 | 19.57 | 11.16 | 2.4 | 10.9 | -13.7 | 0.25 | 5.5 | 8.69 | 4.73 |
| Net Cash Flow | -0.09 | 0.04 | 1.01 | -0.18 | -1.7 | -0.04 | 3.55 | -3.55 | 2.06 | -1.94 |
| Free Cash Flow | -9.82 | -19.58 | -10.08 | -2.57 | -12.64 | 13.67 | 3.3 | -1.93 | -3.01 | -5.97 |
| CFO/OP | 36 | -236 | -79 | -17 | 348 | -360 | -393 | 99 | -100 | -88 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 112.02 | 171.06 | 235.77 | 184.62 | 694.92 | 7377.66 | — | — | — | — |
| Inventory Days | 115.19 | 82.75 | 153.94 | 22.4 | 66.99 | 156.61 | — | — | 10676.25 | 0 |
| Days Payable | 33.73 | 30.22 | 135.11 | 21 | 93.89 | 962.98 | — | — | 547.5 | — |
| Cash Conversion Cycle | 193.49 | 223.59 | 254.6 | 186.02 | 668.02 | 6571.29 | — | — | — | — |
| Working Capital Days | 30.25 | 60.42 | 56.7 | 50.61 | 73.91 | -11610.11 | — | — | — | — |
| ROCE % | 11.02 | 11.76 | 11.68 | 12.83 | -7.4 | -8.91 | -8.62 | -10.79 | 0 | 0 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jun 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 47.16% | 47.09% | 46.41% | 46.34% | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% |
| DIIs | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% |
| Public | 52.45% | 52.52% | 53.19% | 53.27% | 52.89% | 52.89% | 52.88% | 52.88% | 52.88% |
| No. of Shareholders | 4441 | 4379 | 4346 | 4330 | 4279 | 4275 | 4274 | 4269 | 4269 |

### Quarterly

| Category | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% | 46.72% |
| DIIs | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% |
| Public | 52.89% | 52.89% | 52.89% | 52.89% | 52.89% | 52.9% | 52.88% | 52.88% | 52.88% | 52.89% | 52.88% | 52.88% |
| No. of Shareholders | 4279 | 4279 | 4276 | 4276 | 4275 | 4276 | 4274 | 4274 | 4274 | 4275 | 4269 | 4269 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 6 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 4.65 | Buy |
| EMA (10) | 4.69 | Buy |
| SMA (20) | 4.83 | Buy |
| EMA (20) | 4.78 | Buy |
| SMA (50) | 4.96 | Sell |
| EMA (50) | 4.83 | Buy |
| SMA (100) | 4.68 | Buy |
| EMA (100) | 4.81 | Buy |
| SMA (200) | 4.77 | Buy |
| EMA (200) | 5.18 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.88 | Neutral |
| MACD (12,26,9) | -0.1 | Sell |
| Stochastic (14,3,3) | 49.21 | Neutral |
| ADX (14) | 18.66 | Neutral |
| Williams %R (14) | -25.71 | Neutral |
| ATR (14) | 0.39 | High Volatility |
| ROC (12) | 4.67 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 53.9 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Sep 2024 - Approval of 44th AGM and book closure dates. | [Board Meeting Outcome for Outcome Of The Board Meeting For Annual General Meeting Of The Company 6 Sep 2024 - Approval of 44th AGM and book closure dates.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/605d43c9-b1fd-4c5d-96e5-619b77a0e9f1.pdf) |
| 26 Feb - Board approved trust deed creating 'THE REKHA HALDER FOUNDATION' to implement CSR activities on Feb 26, 2026. | [Announcements Under Regulation 30 26 Feb - Board approved trust deed creating 'THE REKHA HALDER FOUNDATION' to implement CSR activities on Feb 26, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71818195-af73-429e-a066-7851c01e057a.pdf) |
| 16 Feb - Newspaper advertisement of the Unaudited Financial Results for the quarter ended 31-12-2025 approved in the BOD meeting dated 13-02-2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Newspaper advertisement of the Unaudited Financial Results for the quarter ended 31-12-2025 approved in the BOD meeting dated 13-02-2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b7153fb-4202-4b03-a9ae-60a34d8e85a0.pdf) |
| 15 Nov 2024 - Declaration of unmodified opinion on financial results. | [Declaration 15 Nov 2024 - Declaration of unmodified opinion on financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e91ec07-e25d-4b1a-bc1e-137c065e7248.pdf) |
| 15 Nov 2024 - Approval of Q2 financial results for 2024. | [Board Meeting Outcome for Outcome Of The Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015 For The 2Nd Quarter And Half Year Ended 30Th September, 2024. 15 Nov 2024 - Approval of Q2 financial results for 2024.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c7f3b7d2-e810-443b-92dc-1d6033e9f3ad.pdf) |
| 14 Nov 2024 - Board meeting on November 15, 2024, for financial results. | [Board Meeting Intimation for Un-Audited Quarter Results For The 2Nd Quarter And Half-Year Ended September 30, 2024 14 Nov 2024 - Board meeting on November 15, 2024, for financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/118819e2-218e-4266-8e76-36d844f2ec26.pdf) |
| 13 Feb - BSE fined Halder Venture Rs.542,800 for Regulation 17(1) board composition non-compliance; compliance achieved 14 Nov 2025. | [Announcement Under Regulation 30-Board Comment 13 Feb - BSE fined Halder Venture Rs.542,800 for Regulation 17(1) board composition non-compliance; compliance achieved 14 Nov 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8cd95a3b-dc45-4753-8cf4-c21ee444e371.pdf) |
| 13 Feb - Approved unaudited Q3/9M Dec 31, 2025 results; agreed 52% InQube acquisition for Rs.30.16 crore. | [Announcement under Regulation 30 (LODR)-Acquisition 13 Feb - Approved unaudited Q3/9M Dec 31, 2025 results; agreed 52% InQube acquisition for Rs.30.16 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/236dd219-96ab-4e1a-a26d-c7910cbf124f.pdf) |
| 13 Feb - Approved Q3 unaudited results; approved 52% acquisition of InQube for Rs.30.16 crore; term sheet executed. | [Board Meeting Outcome for Outcome Of The Board Meeting Dated 13.02.2026 13 Feb - Approved Q3 unaudited results; approved 52% acquisition of InQube for Rs.30.16 crore; term sheet executed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f97fbf50-4611-4a1d-ade9-afb982c59adb.pdf) |
| 1 Jan 2025 - Closure of trading window until financial results declaration. | [Closure of Trading Window 1 Jan 2025 - Closure of trading window until financial results declaration.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d94fb10-110c-4d3a-8b7e-52fbf1d14b63.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11f51e7b-ca66-46b1-84fe-3aa23dbc4042.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81ef788c-9ab0-4b6d-bf43-e04d002e7b01.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b760c73-635c-42e5-a8b3-59b3e9de0387.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539854/75740539854.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539854/72507539854.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/530859/72471530859.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539854/67525539854.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/530859/68122530859_04_01_21.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539854/5398540319.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/530859/5308590319.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2024-11-15 | [Board Meeting Outcome for Outcome Of The Board Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The 2Nd Quarter And Half Year Ended 30Th September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7f3b7d2-e810-443b-92dc-1d6033e9f3ad.pdf) |
| 2024-11-15 | [Declaration](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e91ec07-e25d-4b1a-bc1e-137c065e7248.pdf) |
| 2024-11-14 | [Board Meeting Intimation for Un-Audited Quarter Results For The 2Nd Quarter And Half-Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=118819e2-218e-4266-8e76-36d844f2ec26.pdf) |
| 2024-09-06 | [Board Meeting Outcome for Outcome Of The Board Meeting For Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=605d43c9-b1fd-4c5d-96e5-619b77a0e9f1.pdf) |
| 2024-08-28 | [Board Meeting Outcome for Change In Key Managerial Personnel (The KMP) - The Company Secretary](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f050317-166d-49a6-ba20-01afb442d447.pdf) |
| 2024-08-14 | [Board Meeting Intimation for To Apodt Of Unaudited Financial Results Of The Company For The Quarter And Year Ended 30Th June, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=764dac36-5647-481b-b90d-8113352e1d3e.pdf) |
| 2024-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 14 August 2024, As Per Attached PDF](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fabee584-62db-4ce4-9711-443b19a4f4fb.pdf) |
| 2024-08-14 | [Unaudited Financial Result For Quarter Ended 30 June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf484e64-c964-4130-95b5-2dfe30c8166c.pdf) |
| 2024-08-14 | [Statement Of Deviation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5f66fda-95bd-4c30-b63e-6febf44e0c6d.pdf) |
| 2024-07-29 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5462435-33ce-41bc-a82e-78f74d84c43f.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 2026-09-13T18:58:42.084Z.