---
title: "Denis Chem Lab Ltd (537536) — Share Price, Financials & Analysis"
symbol: "537536"
company: "Denis Chem Lab Ltd"
canonical: "https://tapetide.com/stocks/537536"
isin: "INE051G01012"
nse_symbol: "DENISCHEMLABLTD"
bse_code: "537536"
sector: "Healthcare"
industry: "Pharmaceuticals"
market_cap_cr: 99.82
generated_at: "2026-09-13T19:16:43.025Z"
---

# Denis Chem Lab Ltd (537536)

Canonical page: https://tapetide.com/stocks/537536

## Company

- **NSE Symbol:** DENISCHEMLABLTD
- **BSE Code:** 537536
- **ISIN:** INE051G01012
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** denischemlab.com

## About

Incorporated in 1982, Denis Chem Lab Ltd does manufacturing of Pharmaceuticals Transfusion Solution in Bottles[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:48:14.641812Z.

- **Market Cap:** ₹99.82 Cr
- **Classification:** Microcap
- **P/E (reported):** 12.5
- **EPS (TTM):** ₹5.75
- **EPS (reported):** ₹8.04
- **Book Value:** ₹65.99
- **Price to Book:** 1.09
- **Dividend Yield:** 3.48%
- **ROE:** 9.18%
- **ROCE:** 13.67%
- **Debt to Equity:** 0.04
- **Revenue (yearly):** ₹183.6 Cr
- **Net Income:** ₹8.4 Cr
- **EBITDA:** ₹19.6 Cr
- **52-Week High:** ₹100.5
- **52-Week Low:** ₹56.1
- **RSI (14):** 53.25

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 75.9 | 9% |
| growth | 42.62 | 9% |
| momentum | 46.48 | 12% |
| ownership | 50 | 24% |
| quality | 60.86 | 22% |
| valuation | 76.39 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 1.08 times its book value
- Stock is providing a good dividend yield of 3.50%.
- Company has been maintaining a healthy dividend payout of 32.7%

### Weaknesses

- The company has delivered a poor sales growth of 10.8% over past five years.
- Promoter holding is low: 39.0%
- Company has a low return on equity of 11.2% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -65.84% | -76.81% | -75.81% |
| ebitda margin growth | 38.71% | 1.33% | -20.27% | -4.74% |
| net income growth | 400% | 3.7% | 2% | 30% |
| revenue growth | -5.92% | 4.5% | 4% | 11% |
| roce | — | 1.26% | -28.35% | 15.03% |
| roe | — | -3.27% | 10.85% | -2.55% |

## 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 | 45.43 | 40.06 | 39.85 | 41.26 | 47.82 | 42.84 | 41.38 | 43.28 | 46.17 | 45.52 | 46.75 | 44 |
| Expenses | 40.29 | 34.07 | 34.77 | 36.91 | 41.94 | 39.01 | 39.32 | 38.46 | 41.91 | 39.49 | 44.21 | 40.17 |
| Operating Profit | 5.14 | 5.99 | 5.08 | 4.35 | 5.88 | 3.83 | 2.06 | 4.82 | 4.26 | 6.03 | 2.54 | 3.83 |
| OPM % | 11.31 | 14.95 | 12.75 | 10.54 | 12.3 | 8.94 | 4.98 | 11.14 | 9.23 | 13.25 | 5.43 | 8.7 |
| Other Income | 0.52 | 0.26 | 0.59 | 0.32 | 0.58 | 0.3 | 1.17 | 0.3 | 0.65 | 0.44 | 0.54 | 0.45 |
| Interest | 0.09 | 0.13 | 0.23 | 0.12 | 0.09 | 0.07 | 0.23 | 0.19 | 0.23 | 0.22 | 0.2 | 0.11 |
| Depreciation | 1.76 | 1.84 | 1.75 | 1.63 | 1.66 | 1.84 | 1.73 | 1.61 | 1.65 | 1.83 | 1.74 | 1.53 |
| Profit before tax | 3.81 | 4.28 | 3.69 | 2.92 | 4.71 | 2.22 | 1.27 | 3.32 | 3.03 | 4.42 | 1.14 | 2.64 |
| Tax % | 33.07 | 25.23 | 26.02 | 28.77 | 25.05 | 20.72 | 44.09 | 25.3 | 27.06 | 24.66 | 64.91 | 22.73 |
| Net Profit | 2.54 | 3.2 | 2.73 | 2.08 | 3.53 | 1.76 | 0.71 | 2.48 | 2.21 | 3.32 | 0.4 | 2.05 |
| EPS in Rs | 1.83 | 2.31 | 1.97 | 1.5 | 2.54 | 1.27 | 0.51 | 1.79 | 1.59 | 2.39 | 0.29 | 1.48 |

### 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 | 107 | 123 | 135 | 109 | 136 | 161 | 167 | 173 | 181 | 182 |
| Expenses | 95 | 110 | 120 | 99 | 122 | 142 | 146 | 157 | 164 | 166 |
| Operating Profit | 12 | 14 | 15 | 10 | 14 | 19 | 21 | 16 | 18 | 17 |
| OPM % | 11 | 11 | 11 | 9 | 11 | 12 | 13 | 9 | 10 | 9 |
| Other Income | 1 | 2 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 2 |
| Interest | 5 | 3 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 6 | 6 | 7 | 6 | 6 | 8 | 7 | 7 | 7 | 7 |
| Profit before tax | 2 | 6 | 6 | 3 | 9 | 11 | 15 | 11 | 12 | 11 |
| Tax % | -5 | -7 | 26 | 27 | 30 | 28 | 26 | 27 | 29 | — |
| Net Profit | 2 | 6 | 4 | 2 | 6 | 8 | 11 | 8 | 8 | 8 |
| EPS in Rs | 1.54 | 4.58 | 3.03 | 1.63 | 4.51 | 5.66 | 8.04 | 5.82 | 6.06 | 5.75 |
| Dividend Payout % | 0 | 22 | 0 | 46 | 33 | 35 | 31 | 26 | 41 | — |

### 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 | 12 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 18 | 36 | 43 | 45 | 48 | 53 | 58 | 66 | 71 | 78 |
| Borrowings | 37 | 25 | 23 | 14 | 9 | 3 | 2 | 1 | 1 | 4 |
| Other Liabilities | 27 | 26 | 26 | 25 | 22 | 27 | 25 | 28 | 26 | 29 |
| Total Liabilities | 94 | 101 | 106 | 97 | 92 | 96 | 99 | 109 | 112 | 125 |
| Fixed Assets | 44 | 40 | 50 | 46 | 41 | 42 | 35 | 38 | 39 | 37 |
| CWIP | 1 | 5 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 49 | 56 | 55 | 52 | 51 | 55 | 62 | 72 | 73 | 88 |
| Total Assets | 94 | 101 | 106 | 97 | 92 | 96 | 99 | 109 | 112 | 125 |

### 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 | 7 | 11 | 8 | 13 | 8 | 17 | 16 | 18 | 12 | 4 |
| Cash from Investing Activity | -1 | -16 | -2 | -2 | -1 | -10 | -11 | -15 | -8 | -5 |
| Cash from Financing Activity | 0 | 1 | -5 | -14 | -6 | -7 | -4 | -4 | -4 | 0 |
| Net Cash Flow | 5 | -4 | 1 | -3 | 1 | 0 | 1 | -1 | 0 | 0 |
| Free Cash Flow | 5 | 2 | -2 | 11 | 6 | 12 | 12 | 11 | 4 | -1 |
| CFO/OP | 49 | 92 | 65 | 101 | 85 | 126 | 100 | 104 | 105 | 38 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 104 | 105 | 106 | 94 | 110 | 85 | 71 | 69 | 65 | 78 |
| Inventory Days | 35 | 52 | 50 | 51 | 60 | 50 | 39 | 43 | 37 | 40 |
| Days Payable | 136 | 150 | 102 | 108 | 103 | 99 | 79 | 90 | 81 | 81 |
| Cash Conversion Cycle | 3 | 8 | 55 | 37 | 67 | 36 | 31 | 22 | 21 | 36 |
| Working Capital Days | -13 | 4 | 17 | 32 | 63 | 51 | 41 | 37 | 38 | 50 |
| ROCE % | 12 | 9 | 11 | 11 | 6 | 14 | 16 | 20 | 14 | 14 |

## 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 | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% | 38.98% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| 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 | 26.74% | 26.67% | 26.94% | 26.88% | 27.44% | 27.86% | 27.41% | 28.22% | 28.9% | 28.94% | 28.93% | 29.48% |
| Others | 34.28% | 34.35% | 34.08% | 34.14% | 33.57% | 33.16% | 33.61% | 32.79% | 32.12% | 32.07% | 32.09% | 31.53% |
| No. of Shareholders | 4635 | 4794 | 4834 | 6021 | 6857 | 7385 | 7218 | 7227 | 7304 | 7102 | 6927 | 6811 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 7 / 7

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 71.06 | Buy |
| EMA (10) | 71.32 | Buy |
| SMA (20) | 71.36 | Buy |
| EMA (20) | 71.2 | Buy |
| SMA (50) | 71.68 | Sell |
| EMA (50) | 71.55 | Sell |
| SMA (100) | 72.85 | Sell |
| EMA (100) | 72.83 | Sell |
| SMA (200) | 74.99 | Sell |
| EMA (200) | 77.18 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.29 | Neutral |
| MACD (12,26,9) | 0.09 | Buy |
| Stochastic (14,3,3) | 33.15 | Neutral |
| ADX (14) | 21.88 | Neutral |
| Williams %R (14) | -67.26 | Neutral |
| ATR (14) | 2.2 | High Volatility |
| ROC (12) | -3.45 | Sell |
| Stoch RSI (14) | 32.33 | Neutral |
| UO (7,14,28) | 38.69 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=EE1A3674_6F00_4E56_B891_33C01C91EA97_164341.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9dc7901f-3c89-473d-b0a4-bf82eb38310c.pdf) |
| 2026-08-18 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cf44e08-e10c-4332-80a5-0507fc0e9112.pdf) |
| 2026-08-18 | [Shareholders Meeting - Submission Of Notice Of 45Th AGM Of The Company Along With Annual Report 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e5cc301-957b-4a3e-9565-60958b8e307d.pdf) |
| 2026-08-18 | [Announcement Under Regulation 30 (LODR) - Notice Of 45Th AGM Along With Annual Report 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff82122a-9952-4e92-86fa-b13b1b2a8b3a.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d3bfec0-0e2f-4b7f-8c8b-ab1974c03e3e.pdf) |
| 2026-08-13 | [Board Meeting Outcome for For Submission Of Unaudited Financial Results For The Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b753407b-4f7d-4bf2-8113-32b54d907f92.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Taking On Record Unaudited Financial Results For The Quarter Ended On 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=682bfa55-a4a6-4bf5-b161-b8840828d1b0.pdf) |
| 2026-08-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=668edddf-22ce-4579-ba54-b166b13305ba.pdf) |
| 2026-08-01 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4D09048B_7F39_4882_A2D2_8AC38EF0D586_180847.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Result-Financials Result For June 30Th 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=984b6d7e-99f8-4252-8b23-fa53ba6800b6.pdf) |
| 2026-05-30 | [Results - Financial Results For 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87239feb-1619-494c-a38c-bf5796a4e7bf.pdf) |
| 2026-02-14 | [Results-Financial Results For December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4150394b-d452-4929-9713-1b4d843d38e5.pdf) |
| 2025-11-13 | [Results - Financial Results For Sep 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9080fa1-268a-4ee6-ada2-3f0c524c0576.pdf) |
| 2025-08-13 | [Results- Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a22ad8a-c965-4189-8341-fb952eebd106.pdf) |
| 2025-05-30 | [Results - Financial Results For The FY- 2024-25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4addeeed-20a6-4be4-8fff-4c2d3eb38748.pdf) |
| 2025-02-14 | [Results-Financial Results For The Quarter Ended On December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ad4a60c-24db-4a38-9e07-cd2d9f6e5c58.pdf) |
| 2024-11-14 | [Results-Financial Results For September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0cf6e8e0-fe17-498b-8f37-f399311c6ddd.pdf) |
| 2024-08-14 | [Results- Financial Results For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ec1c01a-4e1e-4aa1-b49c-128ad9ae088b.pdf) |
| 2024-05-28 | [Results- Financial Results For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=29367aeb-baf3-45af-b715-6171399a6cd3.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 May - M/s. Nishant Pandya & Associates resigned as secretarial auditors effective 6 May 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 7 May - M/s. Nishant Pandya & Associates resigned as secretarial auditors effective 6 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e83ff469-8d3f-4a80-bef2-d6169a8fce01.pdf) |
| 7 May - M/s. Nishant Pandya & Associates resigned as secretarial auditors effective 6 May 2026. | [Announcement Under Regulation 30 (LODR) - Revised- Intimation Of Resignation Of Secretarial Auditors. 7 May - M/s. Nishant Pandya & Associates resigned as secretarial auditors effective 6 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d71f57e6-8f00-4e95-8e5c-0060171a892f.pdf) |
| 6 May - Secretarial auditors Nishant Pandya & Associates resigned effective 6 May 2026, citing personal reasons. | [Announcement under Regulation 30 (LODR)-Change in Management 6 May - Secretarial auditors Nishant Pandya & Associates resigned effective 6 May 2026, citing personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/94c44383-07aa-4325-bab3-202e96a26084.pdf) |
| 6 May - Secretarial auditors Nishant Pandya & Associates resigned effective 6 May 2026 due to personal reasons. | [Announcement Under Regulation 30 (LODR) - Updates (Intimation Of Resignation Of Secretarial Auditors) 6 May - Secretarial auditors Nishant Pandya & Associates resigned effective 6 May 2026 due to personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f29b32c4-a6bb-438c-9704-1c1503fa3886.pdf) |
| 6 Apr - DP regulations, 2018, we are submitting the certificate issued by Registrar and Share Transfer agent for the quarter ended 31st March,2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - DP regulations, 2018, we are submitting the certificate issued by Registrar and Share Transfer agent for the quarter ended 31st March,2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc67f708-4b7c-4d9f-96ee-3411d83fd213.pdf) |
| 4 Feb - Board meeting Feb 14, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed. | [Board Meeting Intimation for Taking On Record Unaudited Financial Results For The Quarter Ended On 31St December, 2025 4 Feb - Board meeting Feb 14, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c4af7efb-79da-47b1-97f4-c07e74047bbd.pdf) |
| 3 Jun 2025 - Mercator Limited appoints new liquidator Mr. Krishna Chamadia; scheduled meeting deferred. | [Cancellation of Board Meeting 3 Jun 2025 - Mercator Limited appoints new liquidator Mr. Krishna Chamadia; scheduled meeting deferred.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84f7a7f6-483d-4f37-9b39-ad222676d01c.pdf) |
| 29 May 2025 - NCLT appoints Krishna Chamadia as new liquidator of Mercator Limited replacing suspended predecessor. | [Intimation Regarding Appointment Of Mr. Krishna Chamadia As The New Liquidator Of Mercator Limited 29 May 2025 - NCLT appoints Krishna Chamadia as new liquidator of Mercator Limited replacing suspended predecessor.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9fce9875-1efa-4fbd-b1eb-49802b388c1d.pdf) |
| 28 May 2025 - Meeting rescheduled to approve June 2024 unaudited results for Mercator under liquidation. | [Board Meeting Intimation for Intimation Of Meeting Of Liquidator And Directors For Consideration Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2024 Of Mercator Limited Which Is Currently Undergoing Liquidation 28 May 2025 - Meeting rescheduled to approve June 2024 unaudited results for Mercator under liquidation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d228c38a-9637-43a8-bfed-bd1ea8bf31cb.pdf) |
| 26 May 2025 - Meeting on June 2, 2025, to approve Q1 FY25 unaudited results of Mercator Limited under liquidation. | [Board Meeting Intimation for Consideration Of Audited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2024 Of Mercator Limited Which Is Currently Undergoing Liquidation 26 May 2025 - Meeting on June 2, 2025, to approve Q1 FY25 unaudited results of Mercator Limited under liquidation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cee3a188-ed7c-4973-bdb1-0c7c9dce4929.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_MLL_2010_2011_16092011075556.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_MLL_2009_2010_13042011120102.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1a35244-0e33-4585-ba0d-f373002f0c53.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b56a209-c2a8-4ff7-88d2-71177df867bf.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91890c14-1ac3-4561-9812-cb430d8b7f5d.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/537536/74305537536.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eede703f-28b3-45b5-9c32-d482f9266e0a.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/537536/69471537536.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526235/72802526235.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/537536/5375360320.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2016 | [Concall - Oct 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34D08DCD_1313_4F07_9E02_25B15A64BC26_130447.pdf) |
| Oct 2016 | [Concall - Oct 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95B43ADA_CE21_45FE_A048_05672393EE2B_172601.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9143c63b-a78f-44d1-ac78-e1a58a0b0c96.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/67a5453a-2811-4c6a-be3b-2b51aac87d74.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/f559e5a8-2ff6-4c63-bf51-92701bb4093a.pdf) |
| May 2019 | [Concall - May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ece3494-973f-4e1d-a46c-bb7e1a2d03c6.pdf) |
| May 2018 | [Concall - May 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/d70bfaf5-66c0-48d5-82a3-ad0415718c02.pdf) |
| May 2017 | [Concall - May 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/b9580c16-0e91-4422-a8a9-eabe5abe8b45.pdf) |
| Jun 2018 | [Concall - Jun 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/6/ec1871c9-d1f4-4438-b1fe-a0a3daadba0f.pdf) |
| Jul 2020 | [Concall - Jul 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc3e796c-1a4e-40cd-a9c3-07225137e7d1.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 2026-09-13T19:16:43.025Z.
