---
title: "Solana Biofuels Limited (532669) — Share Price, Financials & Analysis"
symbol: "532669"
company: "Solana Biofuels Limited"
canonical: "https://tapetide.com/stocks/532669"
isin: "INE371B01023"
bse_code: "532669"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T19:39:47.041Z"
---

# Solana Biofuels Limited (532669)

Canonical page: https://tapetide.com/stocks/532669

## Company

- **BSE Code:** 532669
- **ISIN:** INE371B01023
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sol.net.in

## About

Southern Online Bio Technologies the name of the Company has been Changed to Southern Online Bio Technologies Limited on 31st March 2004 to reflect the new line of business in which the Company has ventured i.e. manufacture of Biodiesel. Currently the Companys shares are listed at BSE.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.17 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -19.0% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 43.2 to 63.8 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -106% | — | — |
| revenue growth | -33% | 85% | 114% |

## 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 | 25.62 | 14.08 | 16 | 46.45 | 44.62 | 31.67 | 24.67 | 29.4 | 18.67 | 23.19 | 24.32 | 21.35 |
| Expenses | 24.7 | 13.7 | 15.67 | 45.47 | 44.1 | 31.29 | 22.67 | 31.86 | 19.89 | 24.66 | 25.89 | 21.49 |
| Operating Profit | 0.92 | 0.38 | 0.33 | 0.98 | 0.52 | 0.38 | 2 | -2.46 | -1.22 | -1.47 | -1.57 | -0.14 |
| OPM % | 3.59 | 2.7 | 2.06 | 2.11 | 1.17 | 1.2 | 8.11 | -8.37 | -6.53 | -6.34 | -6.46 | -0.66 |
| Other Income | 0.1 | 0.13 | 0.18 | 0.16 | 0.12 | 0.12 | 0.07 | 0.08 | 0.05 | 0.07 | 0.08 | 0.06 |
| Interest | 1.63 | 1.69 | 0.88 | 0.74 | 0.63 | 0.63 | 0.34 | 0.7 | 0.68 | 0.77 | 0.73 | 0.67 |
| Depreciation | 0.94 | 0.94 | 0.93 | 0.94 | 0.95 | 0.95 | 0.93 | 0.93 | 0.93 | 0.6 | 0.6 | 0.58 |
| Profit before tax | -1.55 | -2.12 | -1.3 | -0.54 | -0.94 | -1.08 | 0.8 | -4.01 | -2.78 | -2.77 | -2.82 | -1.33 |
| Tax % | 0 | 0 | 0 | -25.93 | -14.89 | -34.26 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -1.55 | -2.13 | -1.31 | -0.4 | -0.81 | -0.7 | 0.8 | -4.01 | -2.78 | -2.76 | -2.82 | -1.34 |
| EPS in Rs | -0.34 | -0.47 | -0.29 | -0.09 | -0.18 | -0.16 | 0.18 | -0.89 | -0.62 | -0.61 | -0.63 | -0.3 |

### 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 | 6.4 | 2.59 | 2.09 | 2.14 | 2.48 | 14.98 | 67.33 | 147.42 | 95.57 | 87.53 |
| Expenses | 106.91 | 3.3 | 81.08 | 1.49 | 2.15 | 17.6 | 65.75 | 143.55 | 102.31 | 91.93 |
| Operating Profit | -100.51 | -0.71 | -78.99 | 0.65 | 0.33 | -2.62 | 1.58 | 3.87 | -6.74 | -4.4 |
| OPM % | -1570.47 | -27.41 | -3779.43 | 30.37 | 13.31 | -17.49 | 2.35 | 2.63 | -7.05 | -5.03 |
| Other Income | 2.67 | 0.71 | 334.57 | 0.07 | 0.12 | 0.9 | 0.46 | 0.47 | 0.28 | 0.26 |
| Interest | 23.08 | 6.14 | 0.11 | 0.02 | 0 | 0.63 | 5.71 | 2.33 | 2.87 | 2.85 |
| Depreciation | 10.11 | 9.9 | 9.8 | 0.21 | 0.22 | 2.81 | 3.57 | 3.77 | 3.05 | 2.71 |
| Profit before tax | -131.03 | -16.04 | 245.67 | 0.49 | 0.23 | -5.16 | -7.24 | -1.76 | -12.38 | -9.7 |
| Tax % | 2.21 | -382.98 | 32.5 | 8.16 | 0 | 0 | 0 | -36.36 | 0 | — |
| Net Profit | -133.92 | 45.4 | 165.82 | 0.46 | 0.23 | -5.15 | -7.24 | -1.11 | -12.37 | -9.7 |
| EPS in Rs | -22.7 | 7.7 | 28.11 | 0.1 | 0.05 | -1.14 | -1.61 | -0.25 | -2.75 | -2.16 |
| 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 | 58.99 | 58.99 | 58.99 | 0 | 45 | 45 | 45 | 45 | 45 | 45 |
| Reserves | -131.85 | -265.77 | -220.37 | 49.45 | 4.91 | 5.14 | -0.02 | -7.27 | -8.4 | -20.76 |
| Borrowings | 339.86 | 340.32 | 367.23 | 7.88 | 9.87 | 33.3 | 66.23 | 127.4 | 171.04 | 177.99 |
| Other Liabilities | 18.65 | 35.73 | 18.54 | 4.14 | 6.33 | 3.41 | 11.36 | 7 | 6.8 | 22.81 |
| Total Liabilities | 285.65 | 169.27 | 224.39 | 61.47 | 66.11 | 86.85 | 122.57 | 172.13 | 214.44 | 225.04 |
| Fixed Assets | 129.2 | 118.14 | 106.95 | 51.7 | 51.55 | 51.36 | 48.64 | 79.64 | 76.12 | 73.3 |
| CWIP | 0 | 0 | 0 | 0 | 3.55 | 21.84 | 44.09 | 49.82 | 78.47 | 87.17 |
| Investments | 0.6 | 0.6 | 0.6 | 0.48 | 0.34 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 155.85 | 50.53 | 116.84 | 9.29 | 10.67 | 13.65 | 29.84 | 42.67 | 59.85 | 64.57 |
| Total Assets | 285.65 | 169.27 | 224.39 | 61.47 | 66.11 | 86.85 | 122.57 | 172.13 | 214.44 | 225.04 |

### 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 | -96.23 | 23.87 | -28.07 | 274.34 | 2.36 | -5.89 | 4.58 | -11.4 | 1.27 | -1.38 |
| Cash from Investing Activity | -2.5 | 0.95 | 1.3 | 45.56 | -3.47 | -17.96 | -22.34 | -40.31 | -28.9 | -8.93 |
| Cash from Financing Activity | 97.58 | -24.74 | 26.64 | -320.19 | 1.97 | 23.44 | 17.7 | 52.68 | 27.55 | 10.26 |
| Net Cash Flow | -1.14 | 0.08 | -0.13 | -0.29 | 0.86 | -0.41 | -0.06 | 0.97 | -0.08 | -0.05 |
| Free Cash Flow | -98.52 | 24.82 | -26.77 | 319.79 | -1.25 | -24.2 | -17.76 | -51.71 | -27.63 | -10.31 |
| CFO/OP | 309 | -24 | 3954 | -347 | 363 | -1785 | -175 | -722 | 33 | 20 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 306.73 | 280.59 | 614.44 | 296.89 | 276.31 | 409.15 | 67.49 | 45.65 | 20.08 | 63.78 |
| Inventory Days | 22.38 | 641.9 | — | — | — | — | 495.47 | 122.69 | 83.69 | 126.86 |
| Days Payable | 26.47 | 756.57 | — | — | — | — | 102.25 | 7.82 | 7.38 | 73.95 |
| Cash Conversion Cycle | 302.64 | 165.92 | 614.44 | 296.89 | 276.31 | 409.15 | 460.71 | 160.52 | 96.39 | 116.7 |
| Working Capital Days | -147.98 | -9807.66 | -22076.16 | 438.35 | 109.16 | 1405.54 | 146.44 | 98.01 | 48.55 | 55.26 |
| ROCE % | -16.11 | -53.79 | -5.6 | 186.78 | 0.87 | 0.32 | -4.65 | -1.11 | 0.31 | -4.64 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 19.6% | 19.6% | 19.6% | 19.6% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| FIIs | 6.67% | 6.67% | 6.69% | 6.69% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 73.73% | 73.73% | 73.71% | 73.71% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 9174 | 9088 | 9018 | 9003 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |

### 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 | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| No. of Shareholders | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |

## 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) | 0.95 | Sell |
| EMA (10) | 0.94 | Sell |
| SMA (20) | 0.93 | Sell |
| EMA (20) | 0.95 | Sell |
| SMA (50) | 1 | Sell |
| EMA (50) | 1.04 | Sell |
| SMA (100) | 1.31 | Sell |
| EMA (100) | 1.23 | Sell |
| SMA (200) | 1.49 | Sell |
| EMA (200) | 1.57 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.51 | Neutral |
| MACD (12,26,9) | -0.02 | Sell |
| Stochastic (14,3,3) | 65.71 | Neutral |
| ADX (14) | 31.16 | Buy |
| Williams %R (14) | -60 | Neutral |
| ATR (14) | 0.01 | Neutral |
| ROC (12) | 2.2 | Buy |
| Stoch RSI (14) | 56.68 | Neutral |
| UO (7,14,28) | 43.35 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1519c6dc-7ec4-497c-acc3-f95627eed7bc.pdf) |
| 2026-09-05 | [Notice Of 28Th Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc2aa31f-199c-4138-83e6-4fcb945e43b1.pdf) |
| 2026-08-14 | [Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82f7068c-fda8-4b55-9782-e5def35048d2.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19f84c8c-de26-4469-b720-06605c0a9233.pdf) |
| 2026-08-07 | [Board Meeting Intimation for To Consider And Approve The Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=deb829d3-1a9b-49fd-b9da-16ed5a8251ac.pdf) |
| 2026-07-29 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96f87cdd-bb0f-405b-b657-23a36e87dc06.pdf) |
| 2026-06-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12e87024-cd71-49c1-952e-96bf1d9eba48.pdf) |
| 2026-05-29 | [Audited Financial Results For The Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00bbcad9-23d8-4a7d-b32c-7d29fa61264e.pdf) |
| 2026-05-22 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c781f693-b7ba-433b-9fd5-076fba5198b3.pdf) |
| 2026-05-21 | [Board Meeting Intimation for Consider And Approve Audited Financial Results For The Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5efd7a65-8c94-4a32-a2f9-6134d5fcacb0.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Laxmi Organic Industries Limited submitted the Copy of Newspaper Publication published in Business Standard and Navshakti on February 06. 2026, confirming the dispatch of Postal … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Laxmi Organic Industries Limited submitted the Copy of Newspaper Publication published in Business Standard and Navshakti on February 06. 2026, confirming the dispatch of Postal …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b42fb15-876b-46f9-9f6f-47d8f73ab81e.pdf) |
| 6 Feb - Board meeting on Feb 13, 2026 to approve standalone unaudited Q3/9M results for period ended December 31, 2025. | [Board Meeting Intimation for To Consider And Approve The Financial Results For The Quarter Ended 31.12.2025 6 Feb - Board meeting on Feb 13, 2026 to approve standalone unaudited Q3/9M results for period ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1266b87b-0ddf-4f56-b63f-2a0b2419b4ce.pdf) |
| 4 Feb - Monitoring Agency confirms no deviation in utilisation of INR 2,591.21mn QIP proceeds for quarter ended 31 Dec 2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 4 Feb - Monitoring Agency confirms no deviation in utilisation of INR 2,591.21mn QIP proceeds for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49316566-b159-4249-b8ab-c82845ea14fc.pdf) |
| 4 Feb - Laxmi Organic Industries Limited has submitted the Transcript of Investor & Analyst Meet held on January 30, 2026 to discuss the performance for the quarter … | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 Feb - Laxmi Organic Industries Limited has submitted the Transcript of Investor & Analyst Meet held on January 30, 2026 to discuss the performance for the quarter …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5770dfe4-58eb-43ab-800e-ce901b876252.pdf) |
| 31 Jan - Laxmi Organic Industries Limited has Submitted copy of Newspaper Publication of the Financial Results for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Jan - Laxmi Organic Industries Limited has Submitted copy of Newspaper Publication of the Financial Results for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25c9ee4a-e1de-4171-bcc6-48eb85bd83bc.pdf) |
| 30 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited FY2026 results. | [Closure of Trading Window 30 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited FY2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85e71b14-0dd3-4b59-8a78-1ec2049338c7.pdf) |
| 2 Mar - March 2, 2026: Crisil downgraded LOIL long-term rating to AA-/Negative; A1+ reaffirmed; Rs.1,170 crore facilities cited. | [Announcement under Regulation 30 (LODR)-Credit Rating 2 Mar - March 2, 2026: Crisil downgraded LOIL long-term rating to AA-/Negative; A1+ reaffirmed; Rs.1,170 crore facilities cited.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51e37663-a678-414a-aec3-abefa7108092.pdf) |
| 1m - Laxmi Organic Industries Limited has submitted a Disclosure relating to litigation update. | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ('Listing Regulations') 1m - Laxmi Organic Industries Limited has submitted a Disclosure relating to litigation update.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b31f86e5-97f5-491c-95f2-8b8c0d50e053.pdf) |
| 18 Apr - Submitted Regulation 74(5) depository compliance certificate for January-March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 18 Apr - Submitted Regulation 74(5) depository compliance certificate for January-March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56e0191d-2f5d-434a-903b-da8934a96102.pdf) |
| 13 Feb - Board approved unaudited Q3 and nine-month results to Dec 31, 2025; Q3 net loss ₹276.46 lakh. | [Financial Results For The Quarter Ended December 31, 2025 13 Feb - Board approved unaudited Q3 and nine-month results to Dec 31, 2025; Q3 net loss ₹276.46 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d152d90b-7433-4caa-8e4a-f5783779ec58.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/681915cd-063d-4511-8a8a-9fe67722d0f4.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a97cdf72-733d-4197-8f81-66f54610dd85.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3f3f3a1-756d-4015-bf6d-cb2d5a34722d.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d73ff42d-bee8-431e-a15d-d9614d26b833.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/99919e72-4f6e-4843-bb1d-c0c9b9fd066e.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/312782f9-46e3-4dee-ade5-c7c6f2d02a3d.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9763d51-01b5-443a-931f-d90fdc65de5d.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9a0062b7-662f-40e6-8f8c-200d13ff1afe.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/811c8acb-fae2-47c8-bed9-0bb2e620fee9.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43780b1c-ff35-402c-893a-77f10fa13c28.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1964dc50-4339-467d-bbeb-f3d2c1be9b62.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d0ff549c-56d2-4a8e-b3be-f19f9ad99577.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/87d3b9ce-f71c-4e60-96b4-1e01afc0c8c0.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543277/73539543277.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/543277/68759543277.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532669/70299532669.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532669/68274532669.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532669/67501532669_16_12_20.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532669/5326690318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532669/5326690317.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 2026-09-13T19:39:47.041Z.