---
title: "Raunaq International Ltd (537840) — Share Price, Financials & Analysis"
symbol: "537840"
company: "Raunaq International Ltd"
canonical: "https://tapetide.com/stocks/537840"
isin: "INE523K01012"
nse_symbol: "RAUNAQEPCINTERNATIONALLTD"
bse_code: "537840"
sector: "Industrials"
industry: "Construction"
market_cap_cr: 14.5
generated_at: "2026-09-13T19:25:30.566Z"
---

# Raunaq International Ltd (537840)

Canonical page: https://tapetide.com/stocks/537840

## Company

- **NSE Symbol:** RAUNAQEPCINTERNATIONALLTD
- **BSE Code:** 537840
- **ISIN:** INE523K01012
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** raunaqinternational.com

## About

Incorporated in 1965, Raunaq International Ltd is engaged in Engineering Contracting Business and trading activities.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-07T04:34:15.508670Z.

- **Market Cap:** ₹14.5 Cr
- **Classification:** Microcap
- **P/E (reported):** -12.7
- **EPS (TTM):** ₹-3.42
- **Book Value:** ₹23.52
- **Price to Book:** 1.84
- **Dividend Yield:** 0%
- **ROE:** 0.38%
- **ROCE:** 9.27%
- **Debt to Equity:** 0.61
- **Revenue (yearly):** ₹15.1 Cr
- **Net Income:** ₹0.1 Cr
- **EBITDA:** ₹2.2 Cr
- **52-Week High:** ₹98.8
- **52-Week Low:** ₹24.31

## Tapetide Score

- **Score:** 35 / 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: Expensive · Momentum: Falling
- **Percentile:** 6 (of 4473 scored stocks)
- **Confidence:** 91%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 17.14 | 9% |
| growth | 77.1 | 9% |
| momentum | 44.35 | 12% |
| ownership | 50 | 24% |
| quality | 9.14 | 22% |
| valuation | 29.88 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter
- Debtor days have improved from 151 to 113 days.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of -0.87% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 340% | -65.47% | 100% |
| ebitda margin growth | -145.45% | -173.98% | — | 114.37% |
| net income growth | -416.67% | -100.46% | 20% | -10% |
| revenue growth | -23.53% | -76.95% | 84% | 30% |
| roce | 146.43% | -118.04% | -590.48% | -6.29% |
| roe | 422.03% | -100.26% | -52.27% | -85.21% |

## 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 | 0.64 | 1.68 | 1.06 | 2.41 | 4.26 | 3.75 | 11.01 | 9.51 | 9.58 | 8.72 | 8.24 | 9.75 |
| Expenses | 0.81 | 2.19 | 2.35 | 2.58 | 3.78 | 3.83 | 10.83 | 8.75 | 9.56 | 9.64 | 9.37 | 10.64 |
| Operating Profit | -0.17 | -0.51 | -1.29 | -0.17 | 0.48 | -0.08 | 0.18 | 0.76 | 0.02 | -0.92 | -1.13 | -0.89 |
| OPM % | -26.56 | -30.36 | -121.7 | -7.05 | 11.27 | -2.13 | 1.63 | 7.99 | 0.21 | -10.55 | -13.71 | -9.13 |
| Other Income | 0.58 | 0.08 | 0.11 | 0.41 | -0.1 | 0.34 | 0.12 | 0.63 | 1.01 | 0.15 | 0.11 | 1.23 |
| Interest | 0.01 | 0 | 0 | 0.08 | 0.01 | 0.01 | 0.04 | 0.07 | 0.09 | 0.09 | 0.11 | 0.17 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.37 | -0.46 | -1.21 | 0.15 | 0.36 | 0.24 | 0.25 | 1.31 | 0.93 | -0.87 | -1.14 | 0.16 |
| Tax % | -2.7 | -8.7 | -11.57 | 33.33 | 5.56 | 4.17 | -120 | 32.06 | 9.68 | -42.53 | -1.75 | 306.25 |
| Net Profit | 0.38 | -0.42 | -1.07 | 0.1 | 0.34 | 0.23 | 0.55 | 0.89 | 0.83 | -0.5 | -1.13 | -0.34 |
| EPS in Rs | 1.14 | -1.26 | -3.2 | 0.3 | 1.02 | 0.69 | 1.65 | 2.66 | 2.48 | -1.5 | -3.38 | -1.02 |

### 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 | 42.21 | 46.28 | 18.53 | 9.87 | 6.8 | 5.77 | 3.74 | 21.43 | 36.05 | 36.29 |
| Expenses | 43.56 | 53.51 | 44.75 | 12.89 | 11.59 | 9.57 | 5.52 | 20.9 | 36.27 | 39.21 |
| Operating Profit | -1.35 | -7.23 | -26.22 | -3.02 | -4.79 | -3.8 | -1.78 | 0.53 | -0.22 | -2.92 |
| OPM % | -3.2 | -15.62 | -141.5 | -30.6 | -70.44 | -65.86 | -47.59 | 2.47 | -0.61 | -8.05 |
| Other Income | 3.19 | 5.69 | 3.65 | 5.2 | 2.81 | 1.56 | 0.76 | 0.57 | 0.85 | 2.5 |
| Interest | 2.55 | 3.92 | 2.92 | 1.49 | 0.98 | 0.33 | 0.07 | 0.07 | 0.37 | 0.46 |
| Depreciation | 0.87 | 0.8 | 0.84 | 0.75 | 0.4 | 0.25 | 0.14 | 0.04 | 0.05 | 0.04 |
| Profit before tax | -1.58 | -6.26 | -26.33 | -0.06 | -3.36 | -2.82 | -1.23 | 0.99 | 0.21 | -0.92 |
| Tax % | -37.34 | -15.81 | 11.01 | 400 | -1.19 | -15.96 | -13.01 | -22.22 | 61.9 | — |
| Net Profit | -0.99 | -5.28 | -29.22 | -0.3 | -3.31 | -2.38 | -1.07 | 1.22 | 0.09 | -1.14 |
| EPS in Rs | -2.96 | -15.79 | -87.4 | -0.9 | -9.9 | -7.12 | -3.2 | 3.65 | 0.27 | -3.42 |
| 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 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 |
| Reserves | 45.14 | 44.36 | 39.28 | 10.17 | 9.85 | 6.53 | 4.22 | 3.18 | 4.39 | 4.52 |
| Borrowings | 4.6 | 5.7 | 6.1 | 9.57 | 5.49 | 2.29 | 0.25 | 0 | 1.7 | 4.8 |
| Other Liabilities | 36.2 | 41.74 | 44.06 | 28.02 | 13.53 | 12.31 | 4.93 | 4.19 | 11 | 12.4 |
| Total Liabilities | 89.28 | 95.14 | 92.78 | 51.1 | 32.21 | 24.47 | 12.74 | 10.71 | 20.43 | 25.06 |
| Fixed Assets | 5.85 | 6.2 | 5.21 | 4.6 | 3.66 | 1.74 | 0.9 | 0.26 | 0.2 | 0.22 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 18.27 | 19.81 | 19.87 | 7.83 | 3.52 | 3.39 | 2.67 | 2.62 | 1.7 | 2.23 |
| Other Assets | 65.16 | 69.13 | 67.7 | 38.67 | 25.03 | 19.34 | 9.17 | 7.83 | 18.53 | 22.61 |
| Total Assets | 89.28 | 95.14 | 92.78 | 51.1 | 32.21 | 24.47 | 12.74 | 10.71 | 20.43 | 25.06 |

### 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 | 1.59 | -2.74 | 3.41 | -2.47 | 1.44 | -0.53 | 1.17 | -0.89 | -0.97 | -4.44 |
| Cash from Investing Activity | 0.16 | 2.77 | 0.16 | 3.75 | 4.69 | 4.35 | 1.19 | 1.12 | 0.83 | -0.06 |
| Cash from Financing Activity | -3.45 | -1.47 | -3.53 | -2.45 | -5.59 | -4.18 | -2.37 | -0.32 | 1.56 | 2.73 |
| Net Cash Flow | -1.7 | -1.45 | 0.04 | -1.17 | 0.54 | -0.37 | -0.01 | -0.1 | 1.41 | -1.77 |
| Free Cash Flow | 1.26 | -4.13 | 3.55 | -2.74 | 7.05 | 2.97 | 2.46 | -0.58 | -1.02 | -4.5 |
| CFO/OP | 82 | 194 | -47 | 9 | -48 | 11 | -31 | 50 | -183 | 2018 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 252.56 | 239.53 | 186.6 | 503.87 | 174.18 | 354.26 | 136.64 | 192.26 | 149.03 | 112.59 |
| Inventory Days | 6.77 | 58.71 | 5.45 | — | 407.12 | — | 175 | — | — | — |
| Days Payable | 474.4 | 629.11 | 417.74 | — | 3041.67 | — | 1285 | — | — | — |
| Cash Conversion Cycle | -215.08 | -330.86 | -225.69 | 503.87 | -2460.37 | 354.26 | -973.36 | 192.26 | 149.03 | 112.59 |
| Working Capital Days | 12.82 | -100.14 | -120.98 | -13.59 | -103.55 | -105.21 | -27.83 | -38.06 | 0.68 | -4.35 |
| ROCE % | 10.39 | 2.14 | -4.43 | -65.1 | 6.99 | -16.6 | -20.33 | -14.1 | 14.17 | 0.45 |

## 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 | 47.95% | 47.95% | 52.28% | 52.28% | 52.28% | 52.28% | 51.69% | 52.28% | 52.28% | 52.28% | 52.28% | 52.28% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 36.13% | 36.19% | 31.87% | 31.87% | 31.88% | 31.89% | 32.49% | 31.88% | 31.95% | 31.96% | 31.95% | 31.79% |
| Others | 15.86% | 15.79% | 15.78% | 15.78% | 15.77% | 15.76% | 15.76% | 15.77% | 15.7% | 15.69% | 15.7% | 15.86% |
| No. of Shareholders | 1326 | 1302 | 1289 | 1279 | 1272 | 1259 | 1245 | 1247 | 1435 | 1450 | 1444 | 1470 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 1 / 7

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 37.72 | Buy |
| EMA (10) | 38.63 | Buy |
| SMA (20) | 34.42 | Buy |
| EMA (20) | 36.02 | Buy |
| SMA (50) | 31.44 | Buy |
| EMA (50) | 35.24 | Buy |
| SMA (100) | 39.5 | Buy |
| EMA (100) | 39.19 | Buy |
| SMA (200) | 50.17 | Sell |
| EMA (200) | 47.08 | Sell |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 73.38 | Sell |
| MACD (12,26,9) | 2.64 | Buy |
| Stochastic (14,3,3) | 98.94 | Sell |
| ADX (14) | 27.25 | Buy |
| Williams %R (14) | -2.43 | Sell |
| ATR (14) | 1.63 | High Volatility |
| ROC (12) | 37.6 | Buy |
| Stoch RSI (14) | 95.82 | Sell |
| UO (7,14,28) | 90.65 | Sell |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-25 | [Compliance Of Part-A Of Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d67f7b54-03fc-40c9-a9b9-b646d47bba0c.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af6958c6-f86b-4730-bfe1-3f2fd57aab76.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting 3/26-27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=abe698be-48a6-4d4f-b09d-b0495aea0038.pdf) |
| 2026-08-04 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=edc2c5dc-e1b4-4ecb-8ece-21fe0c3152c5.pdf) |
| 2026-07-31 | [Intimation Under Regulation 30 Read With Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c6246b0-998b-4069-b74e-3d149e290a18.pdf) |
| 2026-07-31 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3664be75-e232-4765-a432-e2709b71a5a4.pdf) |
| 2026-07-31 | [Intimation Under Regulation 30 Read With Schedule III Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b640ba34-abeb-4ee6-a4f7-107580f96f27.pdf) |
| 2026-07-22 | [Board Meeting Intimation for Intimation Of The Board Meeting S.No: 3/26-27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4be728ee-f825-44f9-916a-9de5e043836c.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=592a2e4d-a4e4-4285-a853-c08ec6d0a383.pdf) |
| 2026-07-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3bc9661-facb-4370-b791-2ab1da447a73.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Proposed amalgamation of Max Financial with AMLI to list AMLI; listing deadlines Dec 31, 2026 and Apr 5, 2027. | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations') 9h - Proposed amalgamation of Max Financial with AMLI to list AMLI; listing deadlines Dec 31, 2026 and Apr 5, 2027.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a9b8e8fc-0e55-4f0e-a3f4-a203aedd240b.pdf) |
| 9h - Chairman and MD Surinder Paul Kanwar appealed passport revocation; citizenship clarification pending. | [Intimation Under Regulation 30 Read With Schedule III Of The SEBI (LODR) Regulations, 2015. 9h - Chairman and MD Surinder Paul Kanwar appealed passport revocation; citizenship clarification pending.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b257c561-46b0-49f6-8452-6dab691f4c90.pdf) |
| 9h - Board meeting on March 12, 2026 to approve capital raise for Axis Max Life. | [Board Meeting Intimation for Prior Intimation Of The Meeting Of The Board ('Board') Of Max Financial Services Limited ('Company') Pursuant To Regulation 29(1)(D) Of The SEBI(LODR) Regulations, 2015 ('Listing Regulations') 9h - Board meeting on March 12, 2026 to approve capital raise for Axis Max Life.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ceecae1b-8759-45ee-9189-26d4ee95e901.pdf) |
| 8h - Board meeting Mar 12 to consider equity/convertible issuance to fund Axis Max Life; trading window closed Mar 7–14. | [Closure of Trading Window 8h - Board meeting Mar 12 to consider equity/convertible issuance to fund Axis Max Life; trading window closed Mar 7–14.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/20cbb670-32b1-401f-bc82-5094564978e1.pdf) |
| 8h - Board appoints M/s Surya Gupta & Associates as secretarial auditors for FY 2025-26. | [Intimation Under Regulation 30 Read With Schedule III Of The SEBI (LODR) Regulations, 2015 8h - Board appoints M/s Surya Gupta & Associates as secretarial auditors for FY 2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f6a76f88-6593-4c57-b270-e313cc68f834.pdf) |
| 29 Jan - Board meeting Feb 12, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed Feb 14. | [Board Meeting Intimation for Intimation Of The Board Meeting S.No: 6/25-26 29 Jan - Board meeting Feb 12, 2026 to approve unaudited results for quarter ended Dec 31, 2025; trading window closed Feb 14.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9cd42e3-06f3-4728-9945-63c13274d596.pdf) |
| 27 Apr - Declared on April 27, 2026 that Raunaq International is not a Large Corporate under SEBI circular. | [Declaration Pursuant To The SEBI (SEBI) Master Circular No. SEBI/HO/DDHS/Pod1/P/CIR/2024/54 Dated May 22, 2024 27 Apr - Declared on April 27, 2026 that Raunaq International is not a Large Corporate under SEBI circular.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73a8aa41-98f3-480e-9606-475784ce3d2a.pdf) |
| 24 Mar - Copy of the Notice of Special Window for Transfer and Dematerialisation ("Demat") of physical securities published by the Company in the newspapers i.e. "Financial Express" … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Mar - Copy of the Notice of Special Window for Transfer and Dematerialisation ("Demat") of physical securities published by the Company in the newspapers i.e. "Financial Express" …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac3cddef-9f23-4afa-91b9-156cf2109881.pdf) |
| 24 Feb - Secretarial auditor Mr. Sanket Jain died; ceased on 06-Feb-2026; company seeking replacement for FY2025-26 audit and will notify exchange. | [Intimation Under Regulation 30 Read With Schedule III Of The SEBI (LODR) Regulations, 2015- Demise Of Secretarial Auditor Of The Company 24 Feb - Secretarial auditor Mr. Sanket Jain died; ceased on 06-Feb-2026; company seeking replacement for FY2025-26 audit and will notify exchange.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af88e735-8dd6-4039-8909-0f0f952a8205.pdf) |
| 23 Jan - Board confirms Mr. Surinder Paul Kanwar remains Indian citizen and continues as Chairman/MD (Jan 23, 2026). | [Intimation Under Regulation 30 Read With Schedule III Of The SEBI (LODR) Regulations, 2015 Ref: Our Letter Dated November 28, 2025 23 Jan - Board confirms Mr. Surinder Paul Kanwar remains Indian citizen and continues as Chairman/MD (Jan 23, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb4da001-6cc8-48b6-bfe1-8f1302ebce01.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eae104fd-a719-4cbe-9ded-bdc698b9bc30.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e591a28-1f0a-4606-b292-99d168ffd270.pdf) |
| Oct 2020 | [Concall - Oct 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d55a939-c1ba-4df6-b455-82793f0fabe6.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b2fd1bc-5640-41da-b46b-f8acc8737dc8.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85c1a546-5334-4fc6-8209-83d720b83339.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b4a943f-23c4-43ba-98f8-c1cc3104a21b.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be87745c-63d2-456c-9fe0-de9b0721ede8.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/03e0954b-9755-4083-b274-c4cb015b9dd0.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/977b3b3b-4959-41f6-806a-2b511557a7f0.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33d02e77-eaf6-43e8-bde4-7830468d6bb9.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_MAX_2011_2012_18092012123740.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f7133028-0a4b-4fa9-8aef-bdfdc636f18d.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/013cb7b8-58c1-4c3c-8375-17b803cdf910.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/01b4ac88-aeaf-44a7-a033-19b6b49c3364.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9575d68b-390e-4c32-a07f-b7f1af7bf40b.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c5e62c9-a4b3-4fe5-b739-7a8f9fabff02.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/461fcd19-ce52-4410-9c3f-378dbf4ee603.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/295c6f01-0b76-47ea-b17e-d578eaebc4f9.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500271/74014500271.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/537840/74662537840.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2023-11-01 | [Board Meeting Outcome for Outcome Of Board Meeting 3/23-24](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d82151a-ba5e-45c8-a030-341361fef2d6.pdf) |
| 2023-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting 2/23-24](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f28d509-696b-419f-97ad-b5863b708081.pdf) |
| 2023-05-29 | [Board Meeting Outcome for Outcome Of Board Meeting 1/23-24](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=617bc75a-ab75-461a-a5b5-12351ab0dc56.pdf) |
| 2023-05-29 | [Disclosure Of Related Party Transactions For The Half Year Ended March 31, 2023 Pursuant To Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0347307d-7e30-40e7-a826-f6d0fc1f075d.pdf) |
| 2023-02-13 | [Board Meeting Outcome for Outcome Of Board Meeting 4/22-23](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7060c368-9cb7-4881-be28-d8bf37f902bd.pdf) |
| 2022-11-11 | [Disclosure Of Related Party Transactions For The Half Year Ended September 30, 2022 Pursuant To Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77e4a7dc-e768-4af6-b9b0-d5b75b6d1bf3.pdf) |
| 2022-11-08 | [Board Meeting Outcome for Outcome Of Board Meeting 3/22-23](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=362f2b44-3488-46fb-8b34-e9e82e19a8ff.pdf) |
| 2022-07-23 | [Board Meeting Outcome for Outcome Of Board Meeting 2/22-23](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdd57bb0-5efb-4940-84d4-610caee3c991.pdf) |
| 2022-06-13 | [Board Meeting Outcome for Revised Outcome Of Board Meeting 1/22-23](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc249291-bf0f-4b1e-8ca9-2001a486d3ba.pdf) |
| 2022-06-13 | [Disclosure Of Related Party Transactions For The Half Year Ended March 31, 2022 Pursuant To Regulation 23(9) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ffaa612c-1b93-4dee-b3cb-96b5b5567b1c.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 2026-09-13T19:25:30.566Z.