---
title: "Syschem (India) Ltd (531173) — Share Price, Financials & Analysis"
symbol: "531173"
company: "Syschem (India) Ltd"
canonical: "https://tapetide.com/stocks/531173"
isin: "INE121D01036"
nse_symbol: "SYSCHEMINDIALTD"
bse_code: "531173"
sector: "Healthcare"
industry: "Pharmaceuticals"
market_cap_cr: 163.5
generated_at: "2026-09-13T19:45:21.274Z"
---

# Syschem (India) Ltd (531173)

Canonical page: https://tapetide.com/stocks/531173

## Company

- **NSE Symbol:** SYSCHEMINDIALTD
- **BSE Code:** 531173
- **ISIN:** INE121D01036
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** syschem.in

## About

Incorporated in 1993, Syschem (India) Limited manufactures Active Pharmaceuticals Ingredients (APIs) and bulk drugs.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:07.403229Z.

- **Market Cap:** ₹163.5 Cr
- **Classification:** Microcap
- **P/E (reported):** 26.8
- **EPS (TTM):** ₹1.42
- **EPS (reported):** ₹0.31
- **Book Value:** ₹26.86
- **Price to Book:** 1.15
- **Dividend Yield:** 0%
- **ROE:** 0.5%
- **ROCE:** 1.16%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹573.77 Cr
- **Net Income:** ₹14.79 Cr
- **EBITDA:** ₹21.1 Cr
- **52-Week High:** ₹61
- **52-Week Low:** ₹29.29
- **RSI (14):** 35.32

## Tapetide Score

- **Score:** 51 / 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: Fair · Momentum: Falling
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 53.89 | 9% |
| growth | 95.91 | 9% |
| momentum | 9.49 | 12% |
| ownership | 63.19 | 24% |
| quality | 44.57 | 22% |
| valuation | 50.06 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 32.4% CAGR over last 5 years
- Promoter holding has increased by 2.52% over last quarter.
- Company's median sales growth is 70.0% of last 10 years
- Company's working capital requirements have reduced from 40.8 days to 29.3 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.41% over last 3 years.
- Contingent liabilities of Rs.50.2 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 60.66% | -18.85% | -371.24% |
| ebitda margin growth | -93.62% | 253.85% | 20.26% | 250.48% |
| net income growth | -200% | — | 34% | 32% |
| revenue growth | -50.18% | 48.53% | 72% | 53% |
| roce | — | -82.13% | -90.68% | -1.08% |
| roe | — | -89.69% | 8.53% | -100.64% |

## 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 | 37.11 | 43.74 | 74.71 | 87.53 | 47.52 | 77.76 | 118.87 | 109.32 | 103.6 | 141.5 | 219.35 | 109.21 |
| Expenses | 35.26 | 42.66 | 73.09 | 86.72 | 47.45 | 76.56 | 116.97 | 106.86 | 100.3 | 135.54 | 209.98 | 108.67 |
| Operating Profit | 1.85 | 1.08 | 1.62 | 0.81 | 0.07 | 1.2 | 1.9 | 2.46 | 3.3 | 5.96 | 9.37 | 0.54 |
| OPM % | 4.99 | 2.47 | 2.17 | 0.93 | 0.15 | 1.54 | 1.6 | 2.25 | 3.19 | 4.21 | 4.27 | 0.49 |
| Other Income | 0 | 0.01 | 0.15 | 0.01 | 0 | 0.02 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0.05 |
| Interest | 0.03 | 0.11 | 0.01 | 0 | 0.03 | 0.04 | 0 | 0.04 | 0.01 | 0.17 | 2.04 | 0.49 |
| Depreciation | 0.7 | 0.74 | 0.67 | 0.68 | 0.68 | 0.68 | 0.91 | 0.76 | 0.76 | 0.82 | 1.73 | 1.56 |
| Profit before tax | 1.12 | 0.24 | 1.09 | 0.14 | -0.64 | 0.5 | 1.01 | 1.67 | 2.54 | 4.97 | 5.6 | -1.46 |
| Tax % | 0 | 0 | 123.85 | 0 | 0 | 0 | 54.46 | 0 | 25.59 | 15.9 | 68.93 | 15.07 |
| Net Profit | 1.12 | 0.23 | -0.26 | 0.14 | -0.64 | 0.5 | 0.46 | 1.67 | 1.9 | 4.17 | 1.74 | -1.67 |
| EPS in Rs | 0.28 | 0.06 | -0.07 | 0.04 | -0.16 | 0.13 | 0.11 | 0.38 | 0.44 | 0.96 | 0.36 | -0.34 |

### 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 | 67 | 93 | 77 | 68 | 59 | 114 | 199 | 332 | 574 | 574 |
| Expenses | 63 | 89 | 77 | 73 | 58 | 105 | 192 | 328 | 553 | 554 |
| Operating Profit | 3 | 4 | 0 | -5 | 1 | 9 | 7 | 4 | 21 | 19 |
| OPM % | 4.5 | 4.4 | -0.1 | -7 | 0.9 | 8 | 3.5 | 1.2 | 3.7 | 3.3 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 5 |
| Profit before tax | 1 | 2 | -2 | -7 | -2 | 6 | 4 | 1 | 15 | 12 |
| Tax % | 43 | 50 | -16 | -24 | -22 | 27 | 33 | 54 | 26 | — |
| Net Profit | 0 | 1 | -2 | -6 | -2 | 5 | 3 | 0 | 11 | 6 |
| EPS in Rs | 0.17 | 0.32 | -0.79 | -2.07 | -0.59 | 1.13 | 0.69 | 0.11 | 2.23 | 1.42 |
| 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 | 16 | 16 | 19 | 19 | 22 | 23 | 32 | 40 | 44 | 49 |
| Reserves | -10 | -8 | -8 | -10 | -15 | -16 | -10 | 17 | 48 | 73 |
| Borrowings | 22 | 20 | 16 | 17 | 16 | 2 | 2 | 0 | 0 | 0 |
| Other Liabilities | 16 | 29 | 35 | 36 | 55 | 51 | 69 | 107 | 126 | 169 |
| Total Liabilities | 44 | 58 | 62 | 62 | 77 | 60 | 93 | 164 | 217 | 292 |
| Fixed Assets | 30 | 29 | 27 | 28 | 30 | 32 | 31 | 31 | 53 | 68 |
| CWIP | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 4 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 14 | 28 | 35 | 34 | 46 | 28 | 62 | 129 | 164 | 224 |
| Total Assets | 44 | 58 | 62 | 62 | 77 | 60 | 93 | 164 | 217 | 292 |

### 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 | 6 | 0 | -2 | 3 | 4 | 1 | -8 | -26 | -10 | 8 |
| Cash from Investing Activity | 0 | 0 | 2 | -4 | -4 | -1 | -2 | -6 | -22 | -20 |
| Cash from Financing Activity | -7 | 0 | 0 | 0 | 0 | 0 | 11 | 32 | 34 | 18 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 6 |
| Free Cash Flow | 6 | -1 | -2 | 0 | -1 | -2 | -10 | -32 | -32 | -11 |
| CFO/OP | 12760 | 9 | -24 | -3456 | -40 | 107 | -79 | -348 | -238 | 54 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 124 | 47 | 21 | 47 | 31 | 21 | 135 | 126 | 99 | 92 |
| Inventory Days | 182 | 80 | 104 | 110 | 199 | 152 | 61 | 107 | 81 | 41 |
| Days Payable | 424 | 151 | 131 | 175 | 221 | 186 | 158 | 198 | 143 | 112 |
| Cash Conversion Cycle | -119 | -24 | -7 | -19 | 9 | -14 | 38 | 34 | 36 | 21 |
| Working Capital Days | -319 | -50 | -20 | -36 | -1 | -15 | 48 | 54 | 39 | 29 |
| ROCE % | -6 | 3 | 7 | -8 | -29 | -12 | 38 | 11 | 1 | 16 |

## 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 | 53.79% | 53.89% | 53.89% | 53.89% | 53.17% | 53.17% | 57.02% | 56.71% | 56.71% | 56.71% | 60.86% | 60.15% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0.14% | 0.25% | 0.25% | 0.2% | 0.2% | 0.18% | 0.18% | 0.18% | 0.18% | 0.16% | 0.16% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 37.57% | 36.41% | 35.31% | 35% | 35.98% | 36.21% | 33.37% | 33.46% | 33.1% | 33.01% | 29.94% | 30.08% |
| Others | 8.64% | 9.56% | 10.55% | 10.86% | 10.65% | 10.42% | 9.43% | 9.64% | 10.01% | 10.1% | 9.03% | 9.61% |
| No. of Shareholders | 12186 | 12571 | 13942 | 13310 | 13305 | 13445 | 13223 | 12906 | 13273 | 12836 | 12901 | 12809 |

## 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) | 31.25 | Sell |
| EMA (10) | 31.32 | Sell |
| SMA (20) | 31.25 | Sell |
| EMA (20) | 31.97 | Sell |
| SMA (50) | 36.15 | Sell |
| EMA (50) | 35.36 | Sell |
| SMA (100) | 41.72 | Sell |
| EMA (100) | 39.44 | Sell |
| SMA (200) | 45.37 | Sell |
| EMA (200) | 42.9 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 36.74 | Neutral |
| MACD (12,26,9) | -1.22 | Buy |
| Stochastic (14,3,3) | 25.32 | Neutral |
| ADX (14) | 19.46 | Neutral |
| Williams %R (14) | -80.89 | Buy |
| ATR (14) | 1.81 | High Volatility |
| ROC (12) | -3.77 | Sell |
| Stoch RSI (14) | 44.47 | Neutral |
| UO (7,14,28) | 38.29 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Shareholder Meeting/Postal Ballot: Newspaper Advertisements After Dispatch Of Notice To The Shareholders.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba3af5ea-714e-4257-90fe-7b88eb4cd6a4.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66c3ca6f-f55c-4eeb-b773-cc30d047d008.pdf) |
| 2026-09-03 | [Shareholders Meeting: Notice Of 33Rd Annual General Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a15b5d1a-fee7-4546-a058-8671c3d439e2.pdf) |
| 2026-09-02 | [Newspaper Advertisements As Per Regulation 47 Of SEBI(Listing Obligations And Disclosure Requirements) 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c40e3d80-9d97-4554-b86a-bf3235a13bc7.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Outcome Of The Board Meeting Dated 01.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d411b196-7ed5-4d5a-865e-e73fd7a69df0.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66dfc377-f5e1-4438-9a7e-3f0766120f54.pdf) |
| 2026-09-01 | [Shareholder Meeting/ Postal Ballot : Approval Of Annual General Meeting Date As 30.09.2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3814d5b2-3de2-453a-aefa-8608d4273d1e.pdf) |
| 2026-09-01 | [General: Clarification To Board Meeting Dated 01.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63789c71-6de1-459f-9bbe-994b5e405b82.pdf) |
| 2026-09-01 | [Announcement Under Regulation 30: Update/Additional Information On The Resignation Of Statutory Auditor Dated 31St August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5fdf1d82-567e-42b0-96f1-eff17db0e555.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5218adf8-6ca1-42f1-a2e7-aafc5f1e732e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-04 | [Results For The Quarter Ended June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e1a09ad-34e0-47be-929b-461886e4b3d7.pdf) |
| 2026-05-25 | [Results For The Quarter And Year Ending 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e506d8f3-2340-46a5-b78b-afdb6ecc1132.pdf) |
| 2025-11-10 | [Results For The Quarter Ending 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=510adb42-6ed2-4abc-86c8-faa1453c55f4.pdf) |
| 2025-08-04 | [Results : For The Quarter June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a0422e4-c0f5-4926-b4d2-2e13354d4c00.pdf) |
| 2025-05-08 | [Results For The Quarter And Year Ending 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02e0650d-7d90-460e-9c6c-1dd850bfbe96.pdf) |
| 2024-08-12 | [Results: Outcome Of The Board Meeting Dated 12Th August, 2024 And Declaration Of Quarterly Results June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d78b8b8c-354d-438a-b7ba-a82d50391487.pdf) |
| 2024-05-06 | [Pursuant To Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirement), 2015, The Audited Results With Audited Report, Unmodified Opinion Report And Outstanding Borrowing Details For The Financial Year Ending 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe7c51b8-4b0d-475d-add4-8fa3f5a0ad61.pdf) |
| 2023-11-08 | [Board Meeting Outcome for Outcome Of Board Meeting : Disclosure Of Quarterly Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a4e89dd-35b2-414b-acb6-14613ef8bebe.pdf) |
| 2023-06-07 | [Announcement As Per Regulation 30: Updating The Revised Financial Results, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11dacd25-dc97-4716-adae-051c9a5600dc.pdf) |
| 2023-06-07 | [Board Meeting Outcome for Revised Outcome : For The Board Meeting Dated 15-05-2023 As Per The Mail Dated 06.06.2023 From Listing Centre.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed01b353-ec06-4f1e-9da5-1b3d83759f93.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2cfc8af2-8a36-4513-9728-17d718efc0ea.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa57deae-a594-4ed8-b2da-ed898e0b6a65.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77c6d635-f6ca-4897-a114-41656c6d0b8c.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c6b3c083-d4a8-48ee-bf5e-8fa86e0aa8ef.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65ceed91-c95e-4d7f-a67e-f64a591143c3.pdf) |
| Oct 2020 | [Concall - Oct 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/02e9568b-b2ba-4ce8-8edd-a3038312a8c5.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7cdc2a20-3c33-4662-a05d-75bb16fb77bf.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7cdc2a20-3c33-4662-a05d-75bb16fb77bf.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/57693aca-c23d-498b-9ace-61f9e3ad6b4d.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/493bc831-873c-41b7-9fdf-0b767c204ccd.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8h - Clarifies increased trading volumes; no undisclosed price-sensitive information; compliant with SEBI LODR. | [Clarification On Increase In Volumes 8h - Clarifies increased trading volumes; no undisclosed price-sensitive information; compliant with SEBI LODR.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9cbc6fc5-39d5-4d50-9c7c-ea81cad748ac.pdf) |
| 8h - Allotment of Equity Shares pursuant to Himadri Employee Stock Option Plan 2016. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 8h - Allotment of Equity Shares pursuant to Himadri Employee Stock Option Plan 2016.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/df57943b-9c25-474f-92b1-256fef002832.pdf) |
| 6 Apr - Syschem declares it is not a Large Corporate; FY2025-26 borrowing is Rs. 39,90,875. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 6 Apr - Syschem declares it is not a Large Corporate; FY2025-26 borrowing is Rs. 39,90,875.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f8918c0c-a0e8-4eb6-b7e6-662d45f6f3e8.pdf) |
| 6 Apr - Compliance _Certificate under Reg.74(5) of SEBI(DP) Regulation for the quarter ended 31st March, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Compliance _Certificate under Reg.74(5) of SEBI(DP) Regulation for the quarter ended 31st March, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/039842ac-7450-49d0-ac97-fad86c47ec86.pdf) |
| 4 Mar - Promoter Ranjan Jain sold 30,000 shares (0.069%) via open market 27 Feb–2 Mar 2026. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 4 Mar - Promoter Ranjan Jain sold 30,000 shares (0.069%) via open market 27 Feb–2 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7FC0BA21_C36F_4E35_96F4_4361E5BB3189_120432.pdf) |
| 4 Feb - Himadri to acquire 100% of Himadri Power for INR 2,50,000; completion within 60 days. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 04 February 2026 4 Feb - Himadri to acquire 100% of Himadri Power for INR 2,50,000; completion within 60 days.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/976f41a4-c8c6-4063-9fc0-5b65716d70ca.pdf) |
| 4 Feb - 04 Feb 2026: HSCL to acquire 100% of Himadri Power for INR 2,50,000; will become WOS. | [Announcement under Regulation 30 (LODR)-Acquisition 4 Feb - 04 Feb 2026: HSCL to acquire 100% of Himadri Power for INR 2,50,000; will become WOS.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89fb9f59-6c5b-4894-b62f-75622ea13bb9.pdf) |
| 3 Feb - Board-approved unaudited results for quarter and nine months ended 31 Dec 2025 published 3 Feb 2026. | [General Update_ Newspaper Advertisement As Per Regulation 47(3) Schedule Iii Of SEBI (LODR), 2015 3 Feb - Board-approved unaudited results for quarter and nine months ended 31 Dec 2025 published 3 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3198f8de-bf28-46b8-ab78-ed68b44135c5.pdf) |
| 29 Apr - Board meets on 25 May 2026 to approve FY26 audited results and appoint internal auditor. | [Board Meeting Intimation for Intimation Of Board Meeting Dated 25Th May, 2026. 29 Apr - Board meets on 25 May 2026 to approve FY26 audited results and appoint internal auditor.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9ee160e-9bfa-484c-bd65-306d53dc7174.pdf) |
| 29 Apr - Board meets on 25 May 2026 to approve FY26 audited results and appoint internal auditor. | [Board Meeting Intimation for Intimation Of Board Meeting Dated 25Th May, 2026. 29 Apr - Board meets on 25 May 2026 to approve FY26 audited results and appoint internal auditor.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b9ee160e-9bfa-484c-bd65-306d53dc7174.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f1782c89-a24f-4983-a98f-aaeaede88f97.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41fdeabe-aa0b-492f-abb9-044a7b0c324b.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51cc71ca-f3f9-4d49-b49e-57a1ca4d2541.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c322eb82-105c-4ff3-87ce-45f0e834cf8b.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3332b40b-c2f0-4645-b0b0-ec6ba44a1cab.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9bd7ee6-9707-48eb-b892-149079cf9ce8.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500184/76059500184.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531173/74666531173.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500184/70562500184.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531173/69253531173.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 2026-09-13T19:45:21.274Z.
