---
title: "GCM Capital Advisors Ltd (538319) — Share Price, Financials & Analysis"
symbol: "538319"
company: "GCM Capital Advisors Ltd"
canonical: "https://tapetide.com/stocks/538319"
isin: "INE191P01017"
nse_symbol: "GCMCAPITALADVISORSLTD"
bse_code: "538319"
sector: "Financial Services"
industry: "Other Financial Services"
market_cap_cr: 6.7
generated_at: "2026-09-13T19:59:53.976Z"
---

# GCM Capital Advisors Ltd (538319)

Canonical page: https://tapetide.com/stocks/538319

## Company

- **NSE Symbol:** GCMCAPITALADVISORSLTD
- **BSE Code:** 538319
- **ISIN:** INE191P01017
- **Sector:** Financial Services
- **Industry:** Other Financial Services
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gcmcap.com

## About

Incorporated in 2013, GCM Capital Advisors Ltd is in the business of trading and investment activities in Shares and Securities.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:43:55.005219Z.

- **Market Cap:** ₹6.7 Cr
- **Classification:** SME
- **P/E (reported):** -18.1
- **EPS (reported):** ₹0.3
- **Book Value:** ₹14.91
- **Price to Book:** 0.27
- **Dividend Yield:** 0%
- **ROE:** -1.46%
- **ROCE:** -1.71%
- **Debt to Equity:** 0.03
- **Revenue (yearly):** ₹2.3 Cr
- **Net Income:** ₹-0.4 Cr
- **EBITDA:** ₹-0.2 Cr
- **52-Week High:** ₹5.67
- **52-Week Low:** ₹3.19
- **RSI (14):** 16.03

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.27 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -11.5% over past five years.
- Promoter holding is low: 39.0%
- Company has a low return on equity of -0.27% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 109.09% | -50% | 152.27% |
| ebitda margin growth | -150% | -137.65% | -115.62% | -146.75% |
| net income growth | -66.67% | 100% | 25% | -300% |
| revenue growth | -8.33% | 0% | -15% | -11% |
| roce | — | -251.33% | -198.28% | -4.59% |
| roe | — | 108.57% | -0.27% | -317.91% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.17 | 3.06 | 1.17 | 1.19 | 0.75 | 2.98 | 0.69 | 0.69 | 0.83 | 1.36 | 1.18 | 1.1 |
| Expenses | 0.72 | 3.36 | 0.66 | 1.28 | 0.41 | 10.19 | 0.33 | 0.22 | 0.42 | 1.11 | 1.17 | 0.88 |
| Operating Profit | 0.45 | -0.3 | 0.51 | -0.09 | 0.34 | -7.21 | 0.36 | 0.47 | 0.41 | 0.25 | 0.01 | 0.22 |
| OPM % | 38.46 | -9.8 | 43.59 | -7.56 | 45.33 | -241.95 | 52.17 | 68.12 | 49.4 | 18.38 | 0.85 | 20 |
| Other Income | 0.01 | 0 | 0.02 | 0.03 | 0 | 0 | 0.01 | 0.01 | 0 | -0.11 | 0.02 | -0.46 |
| Interest | 0.01 | 0 | 0 | 0.01 | 0.01 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.03 |
| Depreciation | 0.03 | 0.03 | 0.03 | 0.1 | 0.08 | 0.13 | 0.12 | 0.11 | 0.15 | 0.11 | 0.09 | 0.14 |
| Profit before tax | 0.42 | -0.33 | 0.5 | -0.17 | 0.25 | -7.37 | 0.22 | 0.34 | 0.23 | 0 | -0.08 | -0.41 |
| Tax % | 26.19 | -33.33 | 16 | 5.88 | 24 | 0.68 | 36.36 | 0 | 4.35 | — | -37.5 | -24.39 |
| Net Profit | 0.31 | -0.22 | 0.42 | -0.18 | 0.19 | -7.41 | 0.15 | 0.35 | 0.22 | -0.4 | -0.06 | -0.31 |
| EPS in Rs | 0.18 | -0.13 | 0.25 | -0.11 | 0.11 | -4.37 | 0.09 | 0.21 | 0.13 | -0.24 | -0.04 | -0.18 |

### Profit & Loss

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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 7.17 | 3.04 | 2.52 | 2.32 | 4.23 | 2.42 | 3.73 | 1.41 | 2.21 | 2.3 |
| Expenses | 7.02 | 3.07 | 2.44 | 2.21 | 4.07 | 1.93 | 10.6 | 0.59 | 1.71 | 2.5 |
| Operating Profit | 0.15 | -0.03 | 0.08 | 0.11 | 0.16 | 0.49 | -6.87 | 0.82 | 0.5 | -0.2 |
| OPM % | 2.09 | -0.99 | 3.17 | 4.74 | 3.78 | 20.25 | -184.18 | 58.16 | 22.62 | -8.7 |
| Other Income | 0 | 0.32 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.05 | 0 |
| Interest | 0.03 | 0.04 | 0.03 | 0.02 | 0.02 | 0.03 | 0.04 | 0.07 | 0.06 | 0.06 |
| Depreciation | 0.11 | 0.16 | 0.11 | 0.07 | 0.05 | 0.13 | 0.21 | 0.37 | 0.26 | 0.23 |
| Profit before tax | 0.01 | 0.09 | -0.06 | 0.02 | 0.09 | 0.33 | -7.12 | 0.39 | 0.23 | -0.49 |
| Tax % | 0 | 11.11 | 0 | 100 | 0 | 30.3 | 1.4 | 12.82 | 182.61 | -24.49 |
| Net Profit | 0.01 | 0.09 | -0.07 | 0 | 0.09 | 0.23 | -7.22 | 0.35 | -0.18 | -0.37 |
| EPS in Rs | 0.01 | 0.05 | -0.04 | 0 | 0.05 | 0.14 | -4.26 | 0.21 | -0.11 | -0.22 |
| 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 | 16.94 | 16.94 | 16.94 | 16.94 | 16.94 | 16.94 | 16.94 | 16.94 | 16.94 | 16.94 |
| Reserves | 17.51 | 17.29 | 17.41 | 17.39 | 17.47 | 17.71 | 10.48 | 8.86 | 8.68 | 8.32 |
| Borrowings | 0.43 | 0.34 | 0.23 | 0.14 | 0.05 | 0.39 | 0.89 | 0.71 | 0.51 | 0.81 |
| Other Liabilities | 13.11 | 8.59 | 5.88 | 5.16 | 2.51 | 1.94 | 0.76 | 0.88 | 1.02 | 0.81 |
| Total Liabilities | 47.99 | 43.16 | 40.46 | 39.63 | 36.97 | 36.98 | 29.07 | 27.39 | 27.15 | 26.88 |
| Fixed Assets | 0.59 | 0.43 | 0.32 | 0.24 | 0.19 | 0.61 | 1.3 | 0.83 | 0.58 | 1.01 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3.96 | 2.57 | 0.24 | 0.01 | 0.01 | 0.01 | 0 | 0 | 1.6 | 1.6 |
| Other Assets | 43.44 | 40.16 | 39.9 | 39.38 | 36.77 | 36.36 | 27.77 | 26.56 | 24.97 | 24.27 |
| Total Assets | 47.99 | 43.16 | 40.46 | 39.63 | 36.97 | 36.98 | 29.07 | 27.39 | 27.15 | 26.88 |

### 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 | 2.47 | -3.08 | -1.98 | -0.35 | 0.52 | -0.44 | 0.67 | 0.46 | 0.11 | 0.23 |
| Cash from Investing Activity | -1.26 | 1.73 | 2.27 | 0.41 | -0.01 | -0.55 | -0.9 | 0.12 | 0.02 | -0.64 |
| Cash from Financing Activity | 0.32 | -0.13 | -0.13 | -0.11 | -0.1 | 0.32 | 0.46 | -0.25 | -0.25 | 0.25 |
| Net Cash Flow | 1.53 | -1.49 | 0.16 | -0.05 | 0.41 | -0.66 | 0.23 | 0.33 | -0.13 | -0.17 |
| Free Cash Flow | 1.92 | -3.1 | -1.98 | -0.35 | 0.52 | -0.96 | -0.23 | 0.58 | 0.11 | -0.43 |
| CFO/OP | 1533 | 9633 | -2475 | -300 | 331 | -71 | -11 | 63 | 120 | -180 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 437.29 | 954.52 | 1089.21 | 1183.1 | 648.89 | 1135.72 | 0 | 0 | 69.37 | 0 |
| Inventory Days | 15.04 | 34.37 | 34.15 | 70.9 | 60.35 | 2076.31 | 284.76 | — | 61.62 | 28.71 |
| Days Payable | 220.39 | 227.51 | 0 | 10.5 | 106.34 | 442.79 | 118 | — | 369.74 | 323.99 |
| Cash Conversion Cycle | 231.94 | 761.38 | 1123.36 | 1243.5 | 602.9 | 2769.25 | 166.77 | 0 | -238.75 | -295.28 |
| Working Capital Days | 592.04 | 1598.08 | 2336.29 | 2531.4 | 1633.44 | 3281.98 | 1335.72 | 6277.48 | 3732.58 | 3505.59 |
| ROCE % | 0.12 | 0.37 | -0.09 | 0.12 | 0.32 | 1.04 | -22.35 | 1.64 | 1.1 | -1.65 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 39.03% | 39.03% | 39.03% | 39.03% | 39.03% | 39.03% | 39.03% | 39.03% | 39.03% | 39.03% | 39.03% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% |
| Public | 52.36% | 53.35% | 52.26% | 51.88% | 50.61% | 45.15% | 45.9% | 45.96% | 45.15% | 44.81% | 44.98% |
| Others | 8.6% | 7.62% | 8.7% | 9.08% | 10.36% | 15.78% | 15.03% | 14.97% | 15.78% | 16.12% | 15.95% |
| No. of Shareholders | 1401 | 1381 | 1370 | 1328 | 1348 | 1379 | 1353 | 1425 | 1445 | 1447 | 1425 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 5 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 3.86 | Buy |
| EMA (10) | 3.84 | Buy |
| SMA (20) | 3.68 | Buy |
| EMA (20) | 3.81 | Buy |
| SMA (50) | 4.1 | Sell |
| EMA (50) | 4.07 | Sell |
| SMA (100) | 4.6 | Sell |
| EMA (100) | 4.49 | Sell |
| SMA (200) | 5.09 | Sell |
| EMA (200) | 5 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.05 | Neutral |
| MACD (12,26,9) | -0.02 | Buy |
| Stochastic (14,3,3) | 80 | Neutral |
| ADX (14) | 15.89 | Neutral |
| Williams %R (14) | -14.04 | Sell |
| ATR (14) | 0.15 | High Volatility |
| ROC (12) | 3.65 | Buy |
| Stoch RSI (14) | 85.95 | Sell |
| UO (7,14,28) | 48.55 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d087ea28-b4dc-4ff8-bbc1-9acbfa800d08.pdf) |
| 2026-08-31 | [Corporate Action - Fixes Book Closure For AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e6380da-d3b2-4bae-9099-d48ecebf0dd3.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f71cf691-6ec3-480e-9aa5-0db68e1f3471.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4027e2fd-4fa1-449d-8258-bc0970c16e31.pdf) |
| 2026-07-07 | [Compliance-57 (5) : intimation after the end of quarter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42df0f41-ff0a-465d-a41a-f7b076ef52da.pdf) |
| 2026-06-26 | [Compliance-57 (4) : Prior intimation to the beginning of the quarter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fb19181-8fb8-46ac-a843-08b27f8fd844.pdf) |
| 2026-05-27 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b886d833-1c80-48b7-98da-5bcf7397329f.pdf) |
| 2026-04-22 | [Board Meeting Intimation for Approval Of Audited Financial Results For HYE/YE March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9fbc0b3-37d2-4071-bf03-d27b741a1aa2.pdf) |
| 2026-04-07 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f617e095-94b4-463f-83da-29110501fe34.pdf) |
| 2026-04-06 | [Compliance-57 (5) : intimation after the end of quarter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=054beca1-0b12-4a89-8ad0-36f47f3640b3.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-25 | [Results - Audited Financial Results For HYE/YE March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=846e78dc-8cd9-436d-adbf-112d78f342e2.pdf) |
| 2025-11-10 | [Results - Unaudited Financial Results For H1FY26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7531781-eb7e-42bb-be08-c43ba008ad78.pdf) |
| 2025-05-28 | [Results - Audited Financial Results For March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=926079a0-44ba-49e2-92b8-bbfe0d641bd8.pdf) |
| 2024-11-14 | [Results - Unaudited Financial Results For H1FY25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f77c6776-8898-4bb2-9d8e-5b2d1ed305b2.pdf) |
| 2024-05-27 | [Results - Audited Financial Results For March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1267d0d5-b0e5-4b88-aed1-9823bee1ca85.pdf) |
| 2023-11-08 | [Results - Unaudited Financial Results For Half Year Ended 30Th Sept 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef4fb5d7-9304-41e5-9cec-cd55c883aea7.pdf) |
| 2023-05-23 | [Results - Audited Financial Results For FY 2022-23](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d3c74d1-32b2-4ec3-945f-c78250de72d4.pdf) |
| 2022-11-21 | [Declaration For Non-Applicability Of Disclosure Of Related Party Transactions For Half Year Ended 30Th September 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67c32fbf-ada1-4956-bd19-a0fe6f58b28b.pdf) |
| 2022-11-10 | [Results - H-1 FY23 Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=246a637f-6536-4ebe-a006-dbb9c75efc3b.pdf) |
| 2022-05-25 | [Results - Audited Financial Results For QE/YE March 31, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6351ddc6-9c03-42b7-a33a-7665cf31c5a9.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jan - RTA Certificate u/r 74(5) of SEBI (DP) Regulations, 2018 for QE Dec 31, 2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - RTA Certificate u/r 74(5) of SEBI (DP) Regulations, 2018 for QE Dec 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2f2bb0e-e679-4969-9fdf-24f1a0d6fcf9.pdf) |
| 8 Jan - No NCDs issued; Reg 57(5) not applicable for QE Dec 31, 2025. | [Compliance-57 (5) : intimation after the end of quarter 8 Jan - No NCDs issued; Reg 57(5) not applicable for QE Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2aaf7840-5b17-40de-b9f7-a7ba0290d2a6.pdf) |
| 7 Apr - Annual Secretarial Audit Report not applicable for year ended March 31, 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 7 Apr - Annual Secretarial Audit Report not applicable for year ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f617e095-94b4-463f-83da-29110501fe34.pdf) |
| 6 Apr - RTA Certificate u/r 74(5) of SEBI (DP) Regulations 2018 for QE March 31, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - RTA Certificate u/r 74(5) of SEBI (DP) Regulations 2018 for QE March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65664e67-7414-4b97-9e24-c3d5ecd4f03f.pdf) |
| 6 Apr - Company filed NIL report for Regulation 57(5) for quarter ended March 31, 2026. | [Compliance-57 (5) : intimation after the end of quarter 6 Apr - Company filed NIL report for Regulation 57(5) for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/054beca1-0b12-4a89-8ad0-36f47f3640b3.pdf) |
| 3 Feb - Investor/Analyst meetings at Dolat Capital Corporate Conference on 18 Feb 2026, in-person one-on-one and group meetings. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 3 Feb - Investor/Analyst meetings at Dolat Capital Corporate Conference on 18 Feb 2026, in-person one-on-one and group meetings.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06fbc4ea-6246-4e20-80c0-f40b18c17391.pdf) |
| 29 Jan - Audio recording of Q3 FY2026 earnings conference call (31 Dec 2025) uploaded on company website; link provided in filing. Checklist: - Review announcement content and … | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 29 Jan - Audio recording of Q3 FY2026 earnings conference call (31 Dec 2025) uploaded on company website; link provided in filing. Checklist: - Review announcement content and …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/315c5abc-b337-4d89-979d-ef6e9cb748ba.pdf) |
| 26 Dec 2025 - Company confirms no non-convertible securities; Regulation 57(4) certificate not applicable for QE March 31, 2026. | [Compliance-57 (4) : Prior intimation to the beginning of the quarter 26 Dec 2025 - Company confirms no non-convertible securities; Regulation 57(4) certificate not applicable for QE March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/db0b930d-398e-41fc-8e94-311420c37684.pdf) |
| 25 Mar - Confirms no non-convertible securities or unpaid obligations for quarter ended June 30, 2026. | [Compliance-57 (4) : Prior intimation to the beginning of the quarter 25 Mar - Confirms no non-convertible securities or unpaid obligations for quarter ended June 30, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b3f1755-354e-4478-8af8-643a0c242594.pdf) |
| 22 Apr - Board meets on May 25, 2026 to approve audited FY2026 and H2FY2026 results. | [Board Meeting Intimation for Approval Of Audited Financial Results For HYE/YE March 31, 2026 22 Apr - Board meets on May 25, 2026 to approve audited FY2026 and H2FY2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9fbc0b3-37d2-4071-bf03-d27b741a1aa2.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2c50114-d99e-47ef-b255-0b1e5d5127ed.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8381bcff-fc72-4aa6-b259-289e08ef8c6b.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81cb145c-5d11-4b55-953d-bc7a2a668b86.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8fe10d98-e5a4-4b41-97a5-42e7d24eb5e1.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3ed2417-8ede-47a0-b40e-398cda6ac7cc.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56a1ecd9-1585-4a35-9657-e387dfc0937f.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8a201b6-be81-47e6-ad11-744a3198a4a8.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aab46ef5-dab8-41a0-9311-32042e562708.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba45f683-4187-443e-b844-f106ede53130.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9b0a818-4320-4b6b-b0b9-94c04d416592.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_533_MHRIL_2012_2013_16072013135502.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eafc1d40-b22d-4e2d-ab1a-3842a31e9906.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9cfeec3-8228-4b54-b2ee-3307efb613e2.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d2ab273-50b8-48f6-b2da-64a2ee065019.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eecdb80c-514b-459d-8d69-d12a78f9dd7f.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a18638b-3fa5-46a5-bfc9-86435029772c.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1d8ef86-a2e2-4623-afd7-9f61684932c6.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533088/73373533088.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538319/74726538319.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533088/69359533088.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 2026-09-13T19:59:53.976Z.