---
title: "Inducto Steel Ltd (532001) — Share Price, Financials & Analysis"
symbol: "532001"
company: "Inducto Steel Ltd"
canonical: "https://tapetide.com/stocks/532001"
isin: "INE146H01018"
nse_symbol: "INDUCTOSTEELLTD"
bse_code: "532001"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 24.9
generated_at: "2026-09-13T19:36:20.291Z"
---

# Inducto Steel Ltd (532001)

Canonical page: https://tapetide.com/stocks/532001

## Company

- **NSE Symbol:** INDUCTOSTEELLTD
- **BSE Code:** 532001
- **ISIN:** INE146H01018
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hariyanagroup.com

## About

Incorporated in 1988, Inducto Steel 
Ltd is in the business of ship breaking, 
trading, and investment activities[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:36:50.346171Z.

- **Market Cap:** ₹24.9 Cr
- **Classification:** Microcap
- **P/E (reported):** 12
- **EPS (TTM):** ₹5.15
- **EPS (reported):** ₹0.4
- **Book Value:** ₹99.66
- **Price to Book:** 0.62
- **Dividend Yield:** 0%
- **ROE:** -9.42%
- **ROCE:** -6.35%
- **Debt to Equity:** 0.23
- **Revenue (yearly):** ₹165.71 Cr
- **Net Income:** ₹0.59 Cr
- **EBITDA:** ₹3.02 Cr
- **52-Week High:** ₹76.16
- **52-Week Low:** ₹43.55
- **RSI (14):** 51.46

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Rising
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 35.04 | 9% |
| growth | 67.74 | 9% |
| momentum | 87.33 | 12% |
| ownership | 50 | 24% |
| quality | 45.94 | 22% |
| valuation | 72.65 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.63 times its book value
- Company is expected to give good quarter

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -2.43% over last 3 years.
- Promoters have pledged 43.3% of their holding.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -988.99% | -82.62% | — |
| ebitda margin growth | 117.86% | -232.85% | -53.09% | -66.17% |
| net income growth | -7.14% | -115.95% | -2% | 19% |
| revenue growth | 22.77% | 4.29% | 23% | 124% |
| roce | 117.52% | -172.16% | -245.98% | 2.14% |
| roe | -7.19% | — | -2.57% | 173.04% |

## 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 | 43.33 | 22.25 | 20.73 | 38.65 | 46.15 | 33.59 | 40.19 | 45.85 | 21.72 | 33.29 | 64.84 | 79.38 |
| Expenses | 41.48 | 21.39 | 20.52 | 39.01 | 49.23 | 33.66 | 39.24 | 45.29 | 22.54 | 32.68 | 62.17 | 73.71 |
| Operating Profit | 1.85 | 0.86 | 0.21 | -0.36 | -3.08 | -0.07 | 0.95 | 0.56 | -0.82 | 0.61 | 2.67 | 5.67 |
| OPM % | 4.27 | 3.87 | 1.01 | -0.93 | -6.67 | -0.21 | 2.36 | 1.22 | -3.78 | 1.83 | 4.12 | 7.14 |
| Other Income | 0.3 | 0.14 | 0.03 | 0.27 | 0.03 | 0.26 | -0.18 | 0.03 | 0.17 | 0.1 | 0.15 | 0.38 |
| Interest | 1.09 | 0.76 | 0.36 | 0.76 | 0.19 | 0.89 | 0.32 | 0.83 | 0.29 | 0.62 | 0.66 | 4.24 |
| Depreciation | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.1 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Profit before tax | 0.99 | 0.17 | -0.19 | -0.92 | -3.32 | -0.8 | 0.36 | -0.33 | -1.03 | 0 | 2.07 | 1.72 |
| Tax % | 8.08 | 29.41 | -10.53 | 0 | -31.93 | -25 | 86.11 | -24.24 | -27.18 | — | 33.33 | 25.58 |
| Net Profit | 0.91 | 0.12 | -0.17 | -0.92 | -2.27 | -0.59 | 0.06 | -0.25 | -0.75 | 0.14 | 1.39 | 1.29 |
| EPS in Rs | 2.27 | 0.3 | -0.42 | -2.29 | -5.65 | -1.47 | 0.15 | -0.62 | -1.87 | 0.35 | 3.46 | 3.21 |

### 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 | 21 | 76 | 46 | 3 | 57 | 90 | 104 | 159 | 166 | 199 |
| Expenses | 22 | 74 | 47 | 4 | 55 | 88 | 102 | 161 | 163 | 191 |
| Operating Profit | -1 | 2 | -1 | -1 | 3 | 2 | 2 | -3 | 3 | 8 |
| OPM % | -4.2 | 2.1 | -2.9 | -37 | 5 | 1.8 | 2.2 | -1.6 | 1.8 | 4.1 |
| Other Income | 2 | 0 | 2 | 0 | 0 | 1 | 2 | 0 | 0 | 1 |
| Interest | 0 | 1 | 0 | 0 | 0 | 1 | 4 | 2 | 2 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 1 | 0 | -1 | 3 | 1 | 0 | -5 | 1 | 3 |
| Tax % | 38 | 43 | 26 | 0 | 12 | 43 | 35 | -21 | 25 | — |
| Net Profit | 0 | 0 | 0 | -1 | 2 | 1 | 0 | -4 | 1 | 2 |
| EPS in Rs | 0.6 | 1.07 | 0.42 | -3.46 | 5.63 | 1.44 | 0.4 | -9.26 | 1.34 | 5.15 |
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 37 | 37 | 37 | 38 | 36 | 38 | 39 | 39 | 35 | 36 |
| Borrowings | 0 | 0 | 0 | 0 | 5 | 5 | 16 | 3 | 16 | 9 |
| Other Liabilities | 25 | 0 | 12 | 0 | 0 | 35 | 1 | 1 | 1 | 93 |
| Total Liabilities | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 | 142 |
| Fixed Assets | 1 | 1 | 1 | 3 | 2 | 3 | 3 | 2 | 4 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3 | 34 | 31 | 34 | 39 | 22 | 35 | 25 | 22 | 21 |
| Other Assets | 62 | 6 | 21 | 6 | 4 | 58 | 22 | 20 | 31 | 117 |
| Total Assets | 66 | 41 | 53 | 42 | 45 | 83 | 59 | 47 | 57 | 142 |

### 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 | -52 | 32 | -2 | 4 | 2 | -1 | -6 | -1 | -12 | 29 |
| Cash from Investing Activity | 54 | -32 | 3 | -4 | -6 | 17 | -13 | 11 | 1 | 1 |
| Cash from Financing Activity | -2 | 0 | -1 | 0 | 4 | -5 | 15 | -16 | 11 | -9 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 10 | -4 | -6 | 0 | 21 |
| Free Cash Flow | -52 | 32 | -2 | 2 | 2 | -2 | -7 | -1 | -14 | 29 |
| CFO/OP | 2827 | -3678 | -129 | -304 | -158 | -33 | -374 | -35 | 458 | 991 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 15 | 2 | 8 | 14 | 12 | 94 | 10 | 11 | 24 | 20 |
| Inventory Days | 321 | 10 | 79 | 1 | 18 | 149 | 37 | 46 | 32 | 162 |
| Days Payable | 334 | 0 | 58 | 0 | 0 | 245 | 0 | 0 | 1 | 205 |
| Cash Conversion Cycle | 2 | 11 | 29 | 15 | 30 | -2 | 47 | 57 | 55 | -23 |
| Working Capital Days | 566 | 80 | 38 | 15 | -495 | -4 | -14 | 46 | 22 | -23 |
| ROCE % | 6 | 2 | 4 | 1 | -3 | 6 | 4 | 7 | -5 | 6 |

## 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 | 69.32% | 69.32% | 69.32% | 69.32% | 69.32% | 69.32% | 69.32% | 69.32% | 69.32% | 69.32% | 69.32% | 69.32% |
| 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 | 25.84% | 25.97% | 26.09% | 26.31% | 26.4% | 26.5% | 26.5% | 26.93% | 26.96% | 26.91% | 26.9% | 26.87% |
| Others | 4.84% | 4.71% | 4.59% | 4.37% | 4.28% | 4.18% | 4.18% | 3.75% | 3.72% | 3.77% | 3.78% | 3.81% |
| No. of Shareholders | 959 | 1040 | 1153 | 1422 | 2312 | 2387 | 2371 | 2602 | 2711 | 2545 | 2445 | 2412 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 63.93 | Sell |
| EMA (10) | 63.33 | Sell |
| SMA (20) | 63.42 | Sell |
| EMA (20) | 62.62 | Sell |
| SMA (50) | 58.51 | Buy |
| EMA (50) | 59.5 | Buy |
| SMA (100) | 55.02 | Buy |
| EMA (100) | 56.87 | Buy |
| SMA (200) | 53.47 | Buy |
| EMA (200) | 56.14 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.17 | Neutral |
| MACD (12,26,9) | 1.34 | Sell |
| Stochastic (14,3,3) | 24.07 | Neutral |
| ADX (14) | 15.95 | Neutral |
| Williams %R (14) | -75.06 | Neutral |
| ATR (14) | 4.91 | High Volatility |
| ROC (12) | -2.34 | Sell |
| Stoch RSI (14) | 5.34 | Buy |
| UO (7,14,28) | 35.68 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18efcb60-0ec5-4b93-ac52-8f0acc47e9de.pdf) |
| 2026-09-07 | [Notice Of The 38Th Annual General Meeting (AGM) Of Inducto Steel Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a4de0a1-02d0-4efb-ace7-059d189c45c2.pdf) |
| 2026-09-07 | [Intimation Of Cut-Off Date And Remote E-Voting For The Purpose Of 38Th Annual General Meeting (AGM)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=112fb836-1c1a-4eba-9a07-42f5a2356958.pdf) |
| 2026-09-07 | [Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 ("SEBI Listing Regulations").](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=766ee9e4-e5af-4948-a3a3-cd480e9ab424.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of The Company Held On August 12 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=732c83e4-c4d2-4bd9-a034-2a9f88314e29.pdf) |
| 2026-07-30 | [Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30 2026 Along With The Limited Review Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99bd3092-845d-42f7-8084-3c09785e4d0a.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd78bc82-b5e0-49a2-a9a0-5bbab186bdf4.pdf) |
| 2026-06-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f7646dfc-54eb-4ab6-9470-ea1659cb5eda.pdf) |
| 2026-05-29 | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of Inducto Steel Limited (The Company) Held On May 29 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fab8a330-ccac-4879-9c10-f6a8b26f53b9.pdf) |
| 2026-05-29 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1bf76772-feda-4f23-84e7-3a5fdc01a8ca.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Financial Results For Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1fd5e717-10db-47ab-9321-1200e89f10f5.pdf) |
| 2026-05-29 | [Financial Results For The Quarter And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f92ad4b5-be9d-409f-96e7-a23dc5120d04.pdf) |
| 2026-02-13 | [Financial Results For Quarter And Nine Months Ended 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71876938-50e0-4a73-a3e9-de372fe957f9.pdf) |
| 2025-11-13 | [Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df92c312-f9a7-49fd-977c-3fa2ee0042ad.pdf) |
| 2025-08-12 | [Outcome Of The Meeting Of The Board Of Directors Of The Company Held On August 12 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d5ac9ed-0181-4e04-8642-5ed98a73e74f.pdf) |
| 2025-05-30 | [Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67fa44c6-c80c-4420-b180-203879671181.pdf) |
| 2025-02-13 | [Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1889afad-68f0-4a40-83ad-f34e0b8709cd.pdf) |
| 2024-11-14 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=64a6d4c8-adb7-45e4-9c07-743efcad73ac.pdf) |
| 2024-08-14 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c37487d9-ab60-4386-93b0-8ca01199b68f.pdf) |
| 2024-05-30 | [Financial Results For The Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf425915-1940-41c6-8147-e2fb60ff332b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Feb - Board meeting Feb 13, 2026 to approve unaudited standalone and consolidated results for quarter ended Dec 31, 2025. | [Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Year Ended December 31, 2025 Along With The Limited Review Report Thereon. 5 Feb - Board meeting Feb 13, 2026 to approve unaudited standalone and consolidated results for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e31e36bd-c131-4079-94f7-2cb7644a2513.pdf) |
| 20 Mar - Acuite reaffirmed Inducto Steel long-term ACUITE BB+ (Rs20.00 Cr) and short-term A4+ (Rs80.00 Cr) on March 19, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 20 Mar - Acuite reaffirmed Inducto Steel long-term ACUITE BB+ (Rs20.00 Cr) and short-term A4+ (Rs80.00 Cr) on March 19, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ad8b9d4-ebf0-4724-8f99-cfc5dfcde864.pdf) |
| 19 Jan - Certificate dated January 01, 2026 issued by our Registrar and Share Transfer Agent, MUFG Intime India Private Limited (Formerly known as Link Intime India Private … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 19 Jan - Certificate dated January 01, 2026 issued by our Registrar and Share Transfer Agent, MUFG Intime India Private Limited (Formerly known as Link Intime India Private …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad7f316e-baa2-4ae6-ad0d-1bf7de758c98.pdf) |
| 15 Jan - Mr. Umesh Govind Rathod appointed CFO (KMP) effective January 15, 2026; over 15 years finance experience. | [Announcement under Regulation 30 (LODR)-Change in Management 15 Jan - Mr. Umesh Govind Rathod appointed CFO (KMP) effective January 15, 2026; over 15 years finance experience.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20d118de-c4fc-4222-9368-5c2999755588.pdf) |
| 13 Feb - Approved unaudited standalone and consolidated results for quarter ended Dec 31, 2025; PAT Rs.14.33 lakhs. | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Inducto Steel Limited ('The Company') Held On February 13, 2026. 13 Feb - Approved unaudited standalone and consolidated results for quarter ended Dec 31, 2025; PAT Rs.14.33 lakhs.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b113b89-62da-4292-8bfc-a92312c7caa6.pdf) |
| 10 Apr - RTA confirmed compliance for dematerialisation requests for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - RTA confirmed compliance for dematerialisation requests for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9b20693-965d-496a-ae16-7ac527180e61.pdf) |
| — | [Closure of Trading Window 26 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2bd32241-a495-4d98-a71d-864eea5dfdf9.pdf) |
| — | [Financial Results For Quarter And Nine Months Ended 31St December, 2025. 13 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71876938-50e0-4a73-a3e9-de372fe957f9.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/52d4f923-0a89-4447-b71f-7a1d6ebb44ed.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b04b367b-7318-4ba7-9920-05eb134b0b6b.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa84921d-8d3b-422e-b337-4085770106d8.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532001/76825532001.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532001/72168532001.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532001/66580532001.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532001/5320010319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532001/5320010318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532001/5320010317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532001/5320010316.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 2026-09-13T19:36:20.291Z.