---
title: "EL Forge Ltd (531144) — Share Price, Financials & Analysis"
symbol: "531144"
company: "EL Forge Ltd"
canonical: "https://tapetide.com/stocks/531144"
isin: "INE158F01017"
nse_symbol: "ELFORGELTD"
bse_code: "531144"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 36.74
generated_at: "2026-09-13T18:58:27.468Z"
---

# EL Forge Ltd (531144)

Canonical page: https://tapetide.com/stocks/531144

## Company

- **NSE Symbol:** ELFORGELTD
- **BSE Code:** 531144
- **ISIN:** INE158F01017
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **CEO:** Mr. K. R. Srihari
- **Employees:** 146
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** elforge.com

## About

Incorporated in 1934, EL Forge Ltd is in the business of manufacture and sale of Steel Forgings.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:35:49.245979Z.

- **Market Cap:** ₹36.74 Cr
- **Classification:** Microcap
- **P/E (reported):** 11.5
- **EPS (TTM):** ₹1.59
- **EPS (reported):** ₹1.2
- **Book Value:** ₹13.97
- **Price to Book:** 1.3
- **Dividend Yield:** 0%
- **ROE:** 8.95%
- **ROCE:** 9.19%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹80.9 Cr
- **Net Income:** ₹2.4 Cr
- **EBITDA:** ₹4.7 Cr
- **52-Week High:** ₹23.4
- **52-Week Low:** ₹12.1
- **RSI (14):** 51.82

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 68.94 | 9% |
| growth | 46.01 | 9% |
| momentum | 87.8 | 12% |
| ownership | 50 | 24% |
| quality | 53.09 | 22% |
| valuation | 60.79 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 30.83% | 157.38% | — |
| ebitda margin growth | -10% | -0.34% | -25.67% | 95.3% |
| net income growth | 0% | 4.35% | 55% | 16% |
| revenue growth | -3.52% | 5.61% | 11% | 24% |
| roce | — | -2.44% | -96.51% | 52.54% |
| roe | — | -3.45% | 111.53% | 32.01% |

## 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 | 17.71 | 15.05 | 17.33 | 17.02 | 20.53 | 18.98 | 19.6 | 20.61 | 17.11 | 20.17 | 22.51 | 21.83 |
| Expenses | 16.52 | 14.05 | 16.13 | 16.01 | 19.51 | 17.94 | 18.64 | 19.75 | 16.36 | 19.32 | 20.74 | 20.14 |
| Operating Profit | 1.19 | 1 | 1.2 | 1.01 | 1.02 | 1.04 | 0.96 | 0.86 | 0.75 | 0.85 | 1.77 | 1.69 |
| OPM % | 6.72 | 6.64 | 6.92 | 5.93 | 4.97 | 5.48 | 4.9 | 4.17 | 4.38 | 4.21 | 7.86 | 7.74 |
| Other Income | -0.22 | -0.14 | 69.36 | 0.04 | 0.26 | 0.09 | 0.2 | 0.14 | 0.12 | 0.06 | 0.22 | 0.09 |
| Interest | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.14 | 0.12 | 0.12 | 0.12 | 0.12 |
| Depreciation | 0.46 | 0.46 | 0.47 | 0.47 | 0.43 | 0.46 | 0.48 | 0.46 | 0.45 | 0.28 | 0.63 | 0.49 |
| Profit before tax | 0.39 | 0.28 | 69.97 | 0.46 | 0.73 | 0.55 | 0.56 | 0.4 | 0.3 | 0.51 | 1.24 | 1.17 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.4 | 0.28 | 69.96 | 0.46 | 0.73 | 0.56 | 0.55 | 0.39 | 0.3 | 0.51 | 1.24 | 1.17 |
| EPS in Rs | 0.2 | 0.14 | 34.42 | 0.23 | 0.36 | 0.28 | 0.27 | 0.19 | 0.15 | 0.25 | 0.61 | 0.58 |

### 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 | 42.46 | 49.77 | 32.8 | 27.3 | 40.34 | 58.46 | 68.32 | 76.13 | 80.41 | 81.62 |
| Expenses | 45.04 | 48.99 | 34.95 | 38 | 39.31 | 54.6 | 63.32 | 72.1 | 76.18 | 76.56 |
| Operating Profit | -2.58 | 0.78 | -2.15 | -10.7 | 1.03 | 3.86 | 5 | 4.03 | 4.23 | 5.06 |
| OPM % | -6.08 | 1.57 | -6.55 | -39.19 | 2.55 | 6.6 | 7.32 | 5.29 | 5.26 | 6.2 |
| Other Income | 1.2 | 29.7 | 9.55 | 14.99 | 1.6 | -0.88 | 68.44 | 0.59 | 0.53 | 0.49 |
| Interest | 3.4 | 0.61 | 0.2 | 0.46 | 0.43 | 0.4 | 0.48 | 0.48 | 0.5 | 0.48 |
| Depreciation | 6.85 | 6.61 | 6.59 | 6.12 | 6.17 | 4.89 | 1.84 | 1.84 | 1.83 | 1.85 |
| Profit before tax | -11.63 | 23.26 | 0.61 | -2.29 | -3.97 | -2.31 | 71.12 | 2.3 | 2.43 | 3.22 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -11.63 | 23.26 | 0.61 | -2.28 | -3.97 | -2.31 | 71.12 | 2.3 | 2.44 | 3.22 |
| EPS in Rs | -5.72 | 11.44 | 0.3 | -1.12 | -1.95 | -1.14 | 34.99 | 1.13 | 1.2 | 1.59 |
| 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 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 | 20.32 |
| Reserves | -84.81 | -96.44 | -73.18 | -72.57 | -74.85 | -78.82 | -81.13 | 2.16 | 4.45 | 6.89 |
| Borrowings | 139.77 | 133.13 | 42.45 | 21.66 | 12.11 | 12.11 | 12.11 | 0 | 0 | 0 |
| Other Liabilities | 44.42 | 36.08 | 94.06 | 92.07 | 82.89 | 83.29 | 85.82 | 15.48 | 14.45 | 13.57 |
| Total Liabilities | 119.7 | 93.09 | 83.65 | 61.48 | 40.47 | 36.9 | 37.12 | 37.96 | 39.22 | 40.78 |
| Fixed Assets | 55.8 | 47.09 | 41.02 | 34.57 | 31.99 | 26.56 | 23.47 | 22.01 | 21.43 | 21.26 |
| CWIP | 3.02 | 3.02 | 3.02 | 3.07 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| Investments | 3.85 | 3.74 | 3.74 | 3.74 | 0 | 0 | 0 | 0 | 0 | 0.04 |
| Other Assets | 57.03 | 39.24 | 35.87 | 20.1 | 8.48 | 10.34 | 13.65 | 15.95 | 17.79 | 19.47 |
| Total Assets | 119.7 | 93.09 | 83.65 | 61.48 | 40.47 | 36.9 | 37.12 | 37.96 | 39.22 | 40.78 |

### 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 | 15.25 | -11.32 | 36.31 | 21.03 | 6.24 | 0.02 | 3.34 | 1.22 | 2.4 | 3.14 |
| Cash from Investing Activity | 2.52 | 1.99 | -1.03 | -0.21 | -0.28 | 1.01 | -2.04 | -0.08 | -0.89 | -1.37 |
| Cash from Financing Activity | -17.78 | 9.51 | -35.14 | -21 | -5.32 | -0.43 | -0.4 | -0.48 | -0.48 | -0.5 |
| Net Cash Flow | 0 | 0.17 | 0.14 | -0.19 | 0.64 | 0.59 | 0.9 | 0.66 | 1.04 | 1.28 |
| Free Cash Flow | 17.44 | -9.42 | 35.77 | 20.84 | 5.78 | -0.79 | 1.56 | 1 | 1.28 | 1.48 |
| CFO/OP | -541 | 439 | 4655 | -978 | -58 | 2 | 87 | 24 | 60 | 74 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 170.89 | 38.51 | 34.18 | 36.5 | 18.18 | 18.01 | 23.6 | 29.06 | 29.34 | 30.14 |
| Inventory Days | 356.86 | 213.58 | 190.35 | 277.38 | 90.87 | 71.73 | 48.28 | 35.97 | 27.63 | 30.63 |
| Days Payable | 584.53 | 355.13 | 1049.62 | 1647.01 | 79.99 | 40.7 | 86.51 | 80.08 | 70.32 | 59.05 |
| Cash Conversion Cycle | -56.78 | -103.04 | -825.1 | -1333.13 | 29.07 | 49.03 | -14.63 | -15.05 | -13.35 | 1.72 |
| Working Capital Days | -520.87 | -776.85 | -556.34 | -920.18 | -12.7 | 1.81 | -0.69 | 2.83 | 11.12 | 18.52 |
| ROCE % | -12.49 | -14.23 | -24.68 | — | — | — | — | — | 11.17 | 11.08 |

## 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 | 40.71% | 40.82% | 40.82% | 40.82% | 40.82% | 40.82% | 40.82% | 40.82% | 40.82% | 40.78% | 40.78% | 40.78% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 44.8% | 45.66% | 45.11% | 44.75% | 46.06% | 47.93% | 46.65% | 46.69% | 47.07% | 46.82% | 47.22% | 47.32% |
| Others | 14.48% | 13.51% | 14.06% | 14.42% | 13.11% | 11.24% | 12.52% | 12.48% | 12.1% | 12.39% | 11.99% | 11.89% |
| No. of Shareholders | 9450 | 9461 | 9529 | 9592 | 10172 | 11324 | 11318 | 11238 | 11199 | 11096 | 11015 | 10981 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 18.06 | Sell |
| EMA (10) | 18.01 | Sell |
| SMA (20) | 18.08 | Sell |
| EMA (20) | 18.11 | Sell |
| SMA (50) | 18.43 | Sell |
| EMA (50) | 18.15 | Sell |
| SMA (100) | 17.74 | Sell |
| EMA (100) | 17.75 | Sell |
| SMA (200) | 16.43 | Buy |
| EMA (200) | 17.73 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.48 | Neutral |
| MACD (12,26,9) | -0.12 | Sell |
| Stochastic (14,3,3) | 48.84 | Neutral |
| ADX (14) | 20.53 | Neutral |
| Williams %R (14) | -54.76 | Neutral |
| ATR (14) | 0.79 | High Volatility |
| ROC (12) | -2.55 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 46.86 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c0570e4-ddba-44d7-aaf1-81ff96a295fe.pdf) |
| 2026-08-27 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1fb9a49e-6485-473c-8861-ab87d6c342a3.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c126276c-2cdf-4220-92b4-b34fb7b3aa32.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Outcome Of Board Meeting Quarter Ended 30062026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a48d10e-88fc-43c1-a448-fcb85b9660dd.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=256cd8c8-a947-405c-9be2-d04e85f8bedb.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Notice Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4075136c-bc00-4df6-8aa1-57161cf72139.pdf) |
| 2026-08-05 | [Board Meeting Outcome for Appointment Of Additional Independent Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c48cd06e-7a6d-4aa1-a566-8969b2b8ddff.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35cd08cc-3a52-4799-9d99-ac5fdf3354fd.pdf) |
| 2026-07-21 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2ae7b8c-102b-4f85-968d-fb1fd15e7234.pdf) |
| 2026-07-20 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=30586ac7-c881-41eb-b18a-730fdcd1c1eb.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Unaudited Q3 and nine-month results to 31-Dec-2025: Qtr profit Rs50.77 lakh; nine-month profit Rs119.96 lakh. | [Board Meeting Outcome for Outcome Of Board Meeting 9 Feb - Unaudited Q3 and nine-month results to 31-Dec-2025: Qtr profit Rs50.77 lakh; nine-month profit Rs119.96 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67f0fd4c-e06c-405b-beda-94be99451e07.pdf) |
| 7 Apr - Regulation 74(5) depository compliance certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Regulation 74(5) depository compliance certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c3df021-634b-47e8-96ed-46a1c82673b2.pdf) |
| 5 Jan - Certificate dated 01/01/2026, issued by Ms., Integrated Registry Management Securities private limited, registrar and share transfer agent of the company for the quarter ended 31st … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan - Certificate dated 01/01/2026, issued by Ms., Integrated Registry Management Securities private limited, registrar and share transfer agent of the company for the quarter ended 31st …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/32deceb9-5476-426f-a72e-f33ea0886349.pdf) |
| 4 Feb - Transcript of conference call for Analysts and Investors meet is enclosed. | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 Feb - Transcript of conference call for Analysts and Investors meet is enclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bbe24192-d9fb-47f9-9478-cfd1f432f528.pdf) |
| 3 Feb - Appoint Sameer Singh as MD from 1 Mar 2026 for five years; salary Rs.243 Lakhs p.a., benefits. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 3 Feb - Appoint Sameer Singh as MD from 1 Mar 2026 for five years; salary Rs.243 Lakhs p.a., benefits.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f174463-613a-45b3-8880-7083aa6d774c.pdf) |
| 28 Jan - Investor Presentation on the Un-Audited Financial Results for the Quarter Ended 31st December, 2025 is enclosed | [Announcement under Regulation 30 (LODR)-Investor Presentation 28 Jan - Investor Presentation on the Un-Audited Financial Results for the Quarter Ended 31st December, 2025 is enclosed](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e8cfbe1-0d80-420d-84d9-3f6f47648689.pdf) |
| 27 Feb - Shri Manhar Kapoor resigns as Non-Executive Non-Independent Director effective close of business on 28 February 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 27 Feb - Shri Manhar Kapoor resigns as Non-Executive Non-Independent Director effective close of business on 28 February 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8a7d9475-3207-47ed-901c-3e19a4acc91d.pdf) |
| 26 Dec 2025 - EL Forge: trading window closed Jan 1, 2026 until 48 hours after unaudited Q3/9M results for Dec 31, 2025. | [Closure of Trading Window 26 Dec 2025 - EL Forge: trading window closed Jan 1, 2026 until 48 hours after unaudited Q3/9M results for Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/baca15be-af85-40af-a072-fd2a6dcf8b79.pdf) |
| 21 Apr - Submitted annual secretarial compliance report for year ended 31 March 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 21 Apr - Submitted annual secretarial compliance report for year ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91e9b335-218d-48f1-aaf3-dc26b4650135.pdf) |
| 2 Feb - Board meeting on Feb 09, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025. | [Board Meeting Intimation for Notice Of The Board Meeting 2 Feb - Board meeting on Feb 09, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/759a89b3-d552-471b-903a-5cc3897db885.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_713_HMVL_2012_2013_26072013170010.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d1746d5-af7a-47f8-a4e8-30548ae1a9fe.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a805ac5-20ed-4c7c-872f-7008199a9178.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f98bf86f-26fa-44a1-a6d2-e457741385fd.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d725f36d-3c38-4889-875f-d99e74b09b1a.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9e04ac7c-5a17-4984-a3b0-33fc59643385.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd979774-6b97-4ff2-ba73-e05788f43b2f.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a6e4da71-41d8-4cae-a5e7-6f2ff05c37e7.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533217/74942533217.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/faf5f048-9336-4d5f-8ac2-033d71ed762d.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12434055-a8c4-46b2-af0f-856170db2110.pdf) |
| Oct 2018 | [Concall - Oct 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/10/7f55a86a-4421-48ae-a7f6-bb0583596e72.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9406430-a587-45e6-9e5e-42c7b033fda2.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02e5c0ed-2706-450b-9315-2869555c11ae.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a951c09-bc84-4c8c-8bfb-96bceede2271.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/efa7a4b0-3931-4b81-8088-04002032eacf.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7c06f5c-f6bb-453b-91cb-68b328f78066.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf45484e-4e3e-420c-8942-017d3a8ba89a.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d83441f-a969-4e97-83bb-2edd1ce53178.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b4d1e003-e318-4e38-8b3c-0c489d6ea9bb.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2024-02-07 | [Financial Results Unaudited 31122023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b24c3a8-c57a-4732-98eb-414ac8b2cc89.pdf) |
| 2023-08-10 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09d60d05-7f87-4b2c-be3e-ceca4f16a15f.pdf) |
| 2023-05-12 | [Board Meeting Outcome for Outcome Of Board Meeting For Quarter And Year Ended Results 31032023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6dafc07d-da2e-4045-a54a-a537cdded40d.pdf) |
| 2023-02-09 | [Board Meeting Outcome for Board Meeting Outcome For Outcome Of Board Meeting 31/12/2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cecce47b-3e2e-47d5-a779-4bef6f5a60f6.pdf) |
| 2022-12-29 | [Disclosure Under Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (''Listing Regulations'')](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9562a79-7925-4375-9457-78606dcfa209.pdf) |
| 2022-11-11 | [Board Meeting Outcome for Outcome Of Board Meeting 30/09/2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56b60288-9f84-4ce8-a67a-e8bf0a2cf375.pdf) |
| 2022-08-18 | [Results-Financial Results For Quarter Ended June 30 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2deb1d59-429a-4fef-8ca9-72c47ff51c25.pdf) |
| 2022-05-30 | [Standalone Financial Results, Auditors Report for March 31, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1CCDEA29-F21D-4A5B-B710-C1EC579D225C-175147.pdf) |
| 2022-02-10 | [Standalone Financial Results, Limited Review Report for December 31, 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0C61DE78-FAF2-44D5-BBA7-91C7E19ACCFD-154351.pdf) |
| 2021-11-15 | [Standalone Financial Results, Limited Review Report for September 30, 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72EC20C1-F6BD-449C-993A-88E839CFEA10-110435.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 2026-09-13T18:58:27.468Z.