---
title: "Kemistar Corporation Ltd (531163) — Share Price, Financials & Analysis"
symbol: "531163"
company: "Kemistar Corporation Ltd"
canonical: "https://tapetide.com/stocks/531163"
isin: "INE971L01029"
nse_symbol: "KEMISTARCORPORATIONLTD"
bse_code: "531163"
sector: "Chemicals"
industry: "Specialty Chemicals"
market_cap_cr: 54.78
generated_at: "2026-09-13T20:38:30.885Z"
---

# Kemistar Corporation Ltd (531163)

Canonical page: https://tapetide.com/stocks/531163

## Company

- **NSE Symbol:** KEMISTARCORPORATIONLTD
- **BSE Code:** 531163
- **ISIN:** INE971L01029
- **Sector:** Chemicals
- **Industry:** Specialty Chemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kp-group.in/kemistar

## About

Incorporated in 1994, Kemistar Corporation Ltd deals in various chemical based & allied products

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:47.351558Z.

- **Market Cap:** ₹54.78 Cr
- **Classification:** Microcap
- **P/E (reported):** 75.6
- **EPS (TTM):** ₹0.64
- **EPS (reported):** ₹0.55
- **Book Value:** ₹17.57
- **Price to Book:** 2.8
- **Dividend Yield:** 0.41%
- **ROE:** 3.26%
- **ROCE:** 3.66%
- **Debt to Equity:** 0.49
- **Revenue (yearly):** ₹26.96 Cr
- **Net Income:** ₹0.55 Cr
- **EBITDA:** ₹1.22 Cr
- **52-Week High:** ₹107
- **52-Week Low:** ₹45.1
- **RSI (14):** 43.99

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** Expensive and Under Pressure
- **What it means:** The multiple is demanding and the trend has turned against it, without the financial strength that would justify paying up. What matters is whether the de-rating stops at the multiple or starts showing up in the numbers.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Falling
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 47.28 | 9% |
| growth | 98.9 | 9% |
| momentum | 25.27 | 12% |
| ownership | 50 | 24% |
| quality | 52.4 | 22% |
| valuation | 23.96 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter
- Company's working capital requirements have reduced from 25.0 days to 18.0 days

### Weaknesses

- Stock is trading at 2.90 times its book value
- Company has a low return on equity of 2.89% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 77.0 to 116 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -61.67% | -92.26% | -77% |
| ebitda margin growth | 80% | -34.87% | -64.52% | -44.54% |
| net income growth | -25% | -8.33% | -10% | 8% |
| revenue growth | 0% | 42.65% | 14% | 14% |
| roce | 0% | -15.86% | -39.5% | 4.86% |
| roe | -40.48% | 10.14% | 3.67% | 17.27% |

## 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 | 3.07 | 1.72 | 4.19 | 3.62 | 3.77 | 3.73 | 7.03 | 2.85 | 8.58 | 5.48 | 10.05 | 10.02 |
| Expenses | 2.79 | 1.49 | 3.57 | 3.29 | 3.38 | 4.19 | 6.75 | 2.59 | 8.39 | 5.23 | 9.54 | 9.18 |
| Operating Profit | 0.28 | 0.23 | 0.62 | 0.33 | 0.39 | -0.46 | 0.28 | 0.26 | 0.19 | 0.25 | 0.51 | 0.84 |
| OPM % | 9.12 | 13.37 | 14.8 | 9.12 | 10.34 | -12.33 | 3.98 | 9.12 | 2.21 | 4.56 | 5.07 | 8.38 |
| Other Income | 0.04 | 0.02 | 0.01 | 0.03 | 0.02 | 0.48 | 0.25 | 0.01 | 0.02 | 0.01 | 0.03 | 0.04 |
| Interest | 0.07 | 0.08 | 0.1 | 0.14 | 0.15 | -0.16 | 0.04 | 0.09 | 0.1 | 0.16 | -0.16 | 0.08 |
| Depreciation | 0.1 | 0.01 | 0.19 | 0.09 | 0.12 | 0.1 | 0.09 | 0.06 | 0.1 | 0.08 | 0.09 | 0.42 |
| Profit before tax | 0.15 | 0.16 | 0.34 | 0.13 | 0.14 | 0.08 | 0.4 | 0.12 | 0.01 | 0.02 | 0.61 | 0.38 |
| Tax % | 13.33 | 12.5 | 47.06 | 0 | 7.14 | 25 | 27.5 | 0 | 0 | 0 | 32.79 | 34.21 |
| Net Profit | 0.13 | 0.14 | 0.19 | 0.13 | 0.13 | 0.06 | 0.29 | 0.11 | 0.01 | 0.01 | 0.42 | 0.25 |
| EPS in Rs | 0.12 | 0.13 | 0.18 | 0.12 | 0.12 | 0.06 | 0.27 | 0.1 | 0.01 | 0.01 | 0.39 | 0.23 |

### Profit & Loss

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10.07 | 14.14 | 14.03 | 20.92 | 18.17 | 11.07 | 18.14 | 26.96 | 34.13 |
| Expenses | 9.62 | 13.82 | 13.09 | 19.25 | 16.68 | 9.71 | 17.57 | 25.74 | 32.34 |
| Operating Profit | 0.45 | 0.32 | 0.94 | 1.67 | 1.49 | 1.36 | 0.57 | 1.22 | 1.79 |
| OPM % | 4.47 | 2.26 | 6.7 | 7.98 | 8.2 | 12.29 | 3.14 | 4.53 | 5.24 |
| Other Income | 0.19 | 0.34 | 0.07 | 0.05 | 0.17 | 0.08 | 0.77 | 0.06 | 0.1 |
| Interest | 0.19 | -0.01 | 0.12 | 0.15 | 0.06 | 0.32 | 0.2 | 0.19 | 0.18 |
| Depreciation | 0.09 | 0.09 | 0.3 | 0.49 | 0.46 | 0.39 | 0.4 | 0.34 | 0.69 |
| Profit before tax | 0.36 | 0.58 | 0.59 | 1.08 | 1.14 | 0.73 | 0.74 | 0.75 | 1.02 |
| Tax % | 25 | 25.86 | 23.73 | 22.22 | 27.19 | 27.4 | 18.92 | 26.67 | — |
| Net Profit | 0.27 | 0.43 | 0.44 | 0.84 | 0.84 | 0.53 | 0.6 | 0.56 | 0.69 |
| EPS in Rs | 0.25 | 0.4 | 0.41 | 0.78 | 0.78 | 0.49 | 0.56 | 0.52 | 0.64 |
| Dividend Payout % | 0 | 0 | 0 | 51.24 | 51.24 | 101.51 | 53.8 | 0 | — |

### Balance Sheet

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10.76 | 10.76 | 10.76 | 10.76 | 10.76 | 10.76 | 10.76 | 10.76 |
| Reserves | 4.28 | 4.71 | 5.15 | 6.03 | 6.77 | 7.2 | 7.68 | 8.15 |
| Borrowings | 2.05 | 2.17 | 2.3 | 3.12 | 2.78 | 6.92 | 8.09 | 9.32 |
| Other Liabilities | 3.23 | 4.47 | 5.51 | 5.01 | 3.82 | 3.8 | 2.43 | 9.56 |
| Total Liabilities | 20.32 | 22.11 | 23.72 | 24.92 | 24.13 | 28.68 | 28.96 | 37.79 |
| Fixed Assets | 11.95 | 14.23 | 15.21 | 14.85 | 14.46 | 14.18 | 14.21 | 13.9 |
| CWIP | 0.17 | 0.17 | 0 | 0 | 2.25 | 6.37 | 8.28 | 9.6 |
| Investments | 3.34 | 1.2 | 1.14 | 1.24 | 1.41 | 1.17 | 0.45 | 0.23 |
| Other Assets | 4.86 | 6.51 | 7.37 | 8.83 | 6.01 | 6.96 | 6.02 | 14.06 |
| Total Assets | 20.32 | 22.11 | 23.72 | 24.92 | 24.13 | 28.68 | 28.96 | 37.79 |

### Cash Flow

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.79 | 0.19 | 1 | -0.04 | 2.97 | 0.6 | 0.23 | 1.02 |
| Cash from Investing Activity | -10.99 | -0.24 | -1.16 | -0.1 | -2.5 | -4.15 | -1.23 | -1.07 |
| Cash from Financing Activity | 11.65 | 0.09 | 0.18 | 0.18 | -0.46 | 3.57 | 0.87 | 0.32 |
| Net Cash Flow | -0.14 | 0.05 | 0.01 | 0.05 | 0.01 | 0.02 | -0.13 | 0.27 |
| Free Cash Flow | -0.79 | -2.19 | -0.37 | -0.16 | 2.97 | -3.64 | -2.1 | -0.33 |
| CFO/OP | -171 | 91 | 106 | -2 | 217 | 59 | 63 | 100 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 68.51 | 131.65 | 152.97 | 76.59 | 56.25 | 80.45 | 35.01 | 115.62 |
| Inventory Days | 83.95 | 9.58 | 15.68 | 51.15 | 50.06 | 145.11 | 59.29 | 55.6 |
| Days Payable | 125.26 | 122.76 | 161.49 | 95.14 | 88.68 | 146.59 | 41.23 | 138.68 |
| Cash Conversion Cycle | 27.2 | 18.46 | 7.16 | 32.6 | 17.63 | 78.98 | 53.07 | 32.54 |
| Working Capital Days | 36.97 | 32.52 | 26.8 | 39.95 | 13.66 | 32.97 | 23.94 | 18.01 |
| ROCE % | — | 3.28 | 3.57 | 6.24 | 5.52 | 4.34 | 3.35 | 3.43 |

## 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 | 74.98% | 74.98% | 74.98% | 74.8% | 74.8% | 74.8% | 74.88% | 74.88% | 74.88% | 74.88% | 74.88% | 74.88% |
| 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 | 23.33% | 23.34% | 23.33% | 23.33% | 22.17% | 22.62% | 22.54% | 22.54% | 22.49% | 22.39% | 22.03% | 22.31% |
| Others | 1.69% | 1.68% | 1.69% | 1.87% | 3.03% | 2.58% | 2.59% | 2.58% | 2.64% | 2.73% | 3.1% | 2.81% |
| No. of Shareholders | 1146 | 1172 | 1260 | 1356 | 1563 | 1776 | 1851 | 1832 | 1839 | 1831 | 1792 | 1820 |

## 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 / 6 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 53.26 | Sell |
| EMA (10) | 52.05 | Sell |
| SMA (20) | 51.45 | Sell |
| EMA (20) | 51.68 | Sell |
| SMA (50) | 50.27 | Buy |
| EMA (50) | 51.69 | Sell |
| SMA (100) | 54.27 | Sell |
| EMA (100) | 54.9 | Sell |
| SMA (200) | 63.38 | Sell |
| EMA (200) | 60.84 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.64 | Neutral |
| MACD (12,26,9) | 0.56 | Sell |
| Stochastic (14,3,3) | 33.45 | Neutral |
| ADX (14) | 21.52 | Neutral |
| Williams %R (14) | -68.46 | Neutral |
| ATR (14) | 5.04 | High Volatility |
| ROC (12) | 4.69 | Buy |
| Stoch RSI (14) | 18 | Buy |
| UO (7,14,28) | 48.5 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Corporate Action - Record Date For The Payment Of Final Dividend For FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec9ac4c0-cd4d-4e4b-9e90-5af2d56e8251.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=911c20b7-66ef-4d51-bee7-2809e820f096.pdf) |
| 2026-09-05 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0aa7669-a140-44f2-9b72-ab3c3763ec57.pdf) |
| 2026-09-05 | [Corporate Action-Board to consider Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97f70e12-bf7d-47bc-ba27-016b61a57c78.pdf) |
| 2026-09-05 | [Corporate Action-Fixes Book Closure For Determining The Dividend If Approved At The AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f2512b6-ca1b-446c-a93c-0bf00f3cfaad.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=70d6eaff-adb4-4a43-85fb-9ba84d494d99.pdf) |
| 2026-09-05 | [Annual General Meeting Is Scheduled To Be Held On September 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e0910666-5d77-461b-882a-a5f3befced57.pdf) |
| 2026-08-31 | [Board Meeting Intimation for Intimation Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12685f6c-0ac3-4b36-9737-acd74391078e.pdf) |
| 2026-08-24 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1f72a9a-3ce7-4e42-a3a2-a867032b79ba.pdf) |
| 2026-08-14 | [Submission Of Revised Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=168e8e5c-01cc-4164-b9b4-df03333e59f9.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results - Financial Results For June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ae50115-e4c5-40da-819d-17cfb26ced10.pdf) |
| 2026-05-30 | [Results-Financial Results For March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b8f925b-bb05-402f-a025-d2ff90a75edd.pdf) |
| 2026-02-13 | [Results - Financial Results For December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c5ecf2a-d5a7-427b-8503-9400d12a084f.pdf) |
| 2025-11-11 | [Results Of The Unaudited Financial Results For The Quarter Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11b0c3f6-2e0f-4c28-9637-040095c7d7b9.pdf) |
| 2025-08-11 | [UN AUDITED STANALONE AND CONSOLIDATED FINANCIAL RESULTS FOR QUARTER ENDED ON 30-JUNE-2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77c531ea-d419-407f-92e4-f33b553dd56e.pdf) |
| 2025-05-30 | [Results- Financial Results For The Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=771a816f-581e-4f97-8eca-f61b7ec9d88b.pdf) |
| 2025-02-13 | [Standalone & Consolidated Financials As On Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=497720e4-7092-4cb5-baff-40ba5374802b.pdf) |
| 2024-11-13 | [Results-Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dac9daf3-402b-4ddd-83c7-905398b55a7e.pdf) |
| 2024-08-12 | [Results-Unaudited Financial Results Of The Company For The Quarter Ended On 30Th June, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17777d2a-90a1-41e5-9fb6-cf61e35f6103.pdf) |
| 2024-05-29 | [Results-Financial Results For The Quarter And Year Ended On 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=611ac58a-9b88-43e2-bf60-8a3f34ce8912.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 31 Mar - Independent Directors met March 31, 2026; reviewed board, chairperson performance and information flow. | [Board Meeting Outcome for Board Meeting Outcome For Outcome Of Independent Director Meeting 31 Mar - Independent Directors met March 31, 2026; reviewed board, chairperson performance and information flow.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cef84d81-1f20-49db-9ae4-7daef2cfd223.pdf) |
| 28 Feb - Newspaper Publication relating to dispatch of Postal ballot notice and information on Remote e-voting. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Feb - Newspaper Publication relating to dispatch of Postal ballot notice and information on Remote e-voting.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e089177d-5c1d-400b-a6b5-e9808765490d.pdf) |
| 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/FY ending Mar 31, 2026. | [Closure of Trading Window 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/FY ending Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b638ac1-1755-45dd-ba30-b4b34d1697e2.pdf) |
| 27 Mar - Independent Directors' meeting on 31 March 2026 to review directors' and chairperson's performance and information flow. | [Board Meeting Intimation for Separate Meeting Of Independent Directors To Be Held On Tuesday, March 31, 2026. 27 Mar - Independent Directors' meeting on 31 March 2026 to review directors' and chairperson's performance and information flow.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b2d9a715-08de-4fea-b125-8edb6edf4fc3.pdf) |
| 23 Apr - Kemistar states it is not a Large Corporate under SEBI borrowing norms. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 23 Apr - Kemistar states it is not a Large Corporate under SEBI borrowing norms.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a0903f0-0545-4944-8b0b-1ff75e477c20.pdf) |
| 2 Feb - Board meeting Feb 13, 2026 to approve Q3/9M results for quarter ended Dec 31, 2025; trading window closed. | [Board Meeting Intimation for To Consider And Approve Unaudited Financial Results Of The Company For The Quarter And Nine Month Ended On December 31, 2025. 2 Feb - Board meeting Feb 13, 2026 to approve Q3/9M results for quarter ended Dec 31, 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e64fdf5d-c178-4d47-a0cb-ddc5c05fae70.pdf) |
| 14 Feb - Publication of Un-audited financial results for the quarter and nine months ended 31st December 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Publication of Un-audited financial results for the quarter and nine months ended 31st December 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/716bab5c-6fd7-4b97-b852-d7ec96b8bca6.pdf) |
| 14 Feb - Newspaper Publication of the Unaudited Financial Results for the quarter ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Newspaper Publication of the Unaudited Financial Results for the quarter ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0edb92a-e86b-4723-8680-36dc966f6cdc.pdf) |
| 13 Feb - IPO funds Rs1,259.63mn: no deviation for quarter ended 31-Dec-2025; capex utilized Rs253.69mn. | [The Statement Of Deviation(S) Or Variation(S) For The Quarter Ended 31St December 2025. 13 Feb - IPO funds Rs1,259.63mn: no deviation for quarter ended 31-Dec-2025; capex utilized Rs253.69mn.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e80bed4-8601-4f88-b057-fe2dea2d8889.pdf) |
| 13 Feb - ICICI Bank monitoring report dated 13 Feb 2026 for quarter ended 31 Dec 2025 on IPO proceeds utilization. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 Feb - ICICI Bank monitoring report dated 13 Feb 2026 for quarter ended 31 Dec 2025 on IPO proceeds utilization.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa4f1d0f-51c0-4511-ab47-2864d80dc254.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21062_HPAL_2021_2022_02092022124750_09022022130004.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a806d9d2-a371-4984-8368-e3edcbef4c46.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e12df401-eefe-41a2-9b2e-67bdd253a35e.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1168fa76-f119-4142-b079-9f4f9ff8433c.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c126520a-c13d-40c1-b44b-1b1c3f3938de.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91a71627-f29f-454d-9565-a739b601f17a.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d41a04b-0e40-489c-aab2-9bebe9a37052.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543433/75320543433.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531163/76436531163.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531163/72171531163.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2024-08-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89b8b7b4-d12b-4503-b4f9-e4e4851b5b83.pdf) |
| 2023-07-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fe80f26-3948-41ca-ab45-60fb31fb6f21.pdf) |
| 2023-02-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d2a9bf8-18c4-464a-b0bb-0471b6db2b95.pdf) |
| 2022-11-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58441767-febb-4c30-8943-38e419135044.pdf) |
| 2022-08-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47c0f6d6-97e3-4f6b-8b8e-ec928535041e.pdf) |
| 2022-05-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5dd5590-c573-466b-b892-41e7caee70a2.pdf) |
| 2022-02-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b1e2ad2-2c64-4049-a745-2d90685ea486.pdf) |
| 2021-11-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9684f0e3-c2d0-40da-b0ab-ce7fc9fc8972.pdf) |
| 2021-08-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8cb3b2c-fe43-4025-bc57-7453ba39aaad.pdf) |
| 2021-06-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b954c4cf-7290-4f26-8f7d-38414bb57a45.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82d09f29-408c-4a6a-8b67-936dca4cfbfb.pdf) |
| Oct 2020 | [Concall - Oct 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a092be66-5a2a-44c7-bdce-2901707ba62b.pdf) |
| Oct 2020 | [Concall - Oct 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a092be66-5a2a-44c7-bdce-2901707ba62b.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/58441767-febb-4c30-8943-38e419135044.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9684f0e3-c2d0-40da-b0ab-ce7fc9fc8972.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5dd5590-c573-466b-b892-41e7caee70a2.pdf) |
| Jun 2021 | [Concall - Jun 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b954c4cf-7290-4f26-8f7d-38414bb57a45.pdf) |
| Jul 2023 | [Concall - Jul 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9fe80f26-3948-41ca-ab45-60fb31fb6f21.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d2a9bf8-18c4-464a-b0bb-0471b6db2b95.pdf) |
| Feb 2022 | [Concall - Feb 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b1e2ad2-2c64-4049-a745-2d90685ea486.pdf) |

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