---
title: "Bhanderi Infracon Ltd (538576) — Share Price, Financials & Analysis"
symbol: "538576"
company: "Bhanderi Infracon Ltd"
canonical: "https://tapetide.com/stocks/538576"
isin: "INE336Q01016"
nse_symbol: "BHANDERIINFRACONLTD"
bse_code: "538576"
sector: "Realty"
industry: "Residential Commercial Projects"
market_cap_cr: 32.5
generated_at: "2026-09-13T20:15:33.556Z"
---

# Bhanderi Infracon Ltd (538576)

Canonical page: https://tapetide.com/stocks/538576

## Company

- **NSE Symbol:** BHANDERIINFRACONLTD
- **BSE Code:** 538576
- **ISIN:** INE336Q01016
- **Sector:** Realty
- **Industry:** Residential Commercial Projects
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2014-08-08
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bhanderiinfracon.com

## About

Incorporated in 2004, Bhanderi Infracon Ltd in the business of Real Estate development and 
incidental service[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:32.563666Z.

- **Market Cap:** ₹32.5 Cr
- **Classification:** SME
- **P/E (reported):** 88
- **EPS (reported):** ₹2.36
- **Book Value:** ₹102.39
- **Price to Book:** 1.22
- **Dividend Yield:** 0%
- **ROE:** 5.75%
- **ROCE:** 7.43%
- **Debt to Equity:** 1.99
- **Revenue (yearly):** ₹2.75 Cr
- **Net Income:** ₹0.37 Cr
- **EBITDA:** ₹-0.48 Cr
- **52-Week High:** ₹160
- **52-Week Low:** ₹125
- **RSI (14):** 41.37

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -4.13% over past five years.
- Company has a low return on equity of 2.73% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 402 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -245.36% | -306.29% | — |
| ebitda margin growth | 200% | -149.96% | -170.98% | -358.78% |
| net income growth | 0.8% | -78.24% | -30% | -6% |
| revenue growth | 500% | -56.35% | -15% | -4% |
| roce | 0% | 108.12% | 293.12% | 3.09% |
| roe | 0% | 99.65% | 3.73% | 356.35% |

## 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 | 2.18 | 2.78 | 0.66 | 5.78 | 0.65 | 5.63 | 1.1 | 3.05 | 0.86 | 4.89 | 1.04 | 2.88 |
| Expenses | 3.43 | 1.17 | 0.72 | 5.54 | 1.17 | 5.54 | 0.61 | 2.81 | 0.67 | 3.46 | 0.59 | 2.64 |
| Operating Profit | -1.25 | 1.61 | -0.06 | 0.24 | -0.52 | 0.09 | 0.49 | 0.24 | 0.19 | 1.43 | 0.45 | 0.24 |
| OPM % | -57.34 | 57.91 | -9.09 | 4.15 | -80 | 1.6 | 44.55 | 7.87 | 22.09 | 29.24 | 43.27 | 8.33 |
| Other Income | 0.03 | 0.04 | 0.02 | 0.24 | 0.25 | 1.1 | 0.3 | 0.08 | 0.58 | 0 | 0.01 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0.01 | 0 | 0.05 | 0.05 | 0.01 | 0.02 | 0.07 | 0.04 | 0.01 | 0.01 | 0.02 |
| Profit before tax | -1.22 | 1.64 | -0.04 | 0.43 | -0.32 | 1.18 | 0.77 | 0.25 | 0.73 | 1.42 | 0.45 | 0.22 |
| Tax % | 3.28 | 4.88 | 0 | 13.95 | 9.38 | 11.02 | 0 | 76 | 24.66 | 21.13 | 24.44 | 81.82 |
| Net Profit | -1.26 | 1.56 | -0.04 | 0.38 | -0.35 | 1.04 | 0.76 | 0.06 | 0.55 | 1.12 | 0.33 | 0.03 |
| EPS in Rs | -3.54 | 4.58 | -0.15 | 1.35 | -1.39 | 3.54 | 2.16 | 0.19 | 1.58 | 3.43 | 0.96 | -0.19 |

### 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 | 16.88 | 15.44 | 7.68 | 6.17 | 4.84 | 6.44 | 6.28 | 4.15 | 5.24 | 3.92 |
| Expenses | 16.11 | 14.41 | 7.18 | 5.92 | 4.6 | 6.25 | 6.7 | 3.42 | 4.12 | 3.23 |
| Operating Profit | 0.77 | 1.03 | 0.5 | 0.25 | 0.24 | 0.19 | -0.42 | 0.73 | 1.12 | 0.69 |
| OPM % | 4.56 | 6.67 | 6.51 | 4.05 | 4.96 | 2.95 | -6.69 | 17.59 | 21.37 | 17.6 |
| Other Income | 0 | 0.07 | 0.04 | 0.1 | 0.19 | 0.26 | 1.35 | 0.38 | 1.08 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.05 | 0.07 | 0.09 | 0.05 | 0.04 |
| Profit before tax | 0.76 | 1.09 | 0.53 | 0.34 | 0.41 | 0.4 | 0.86 | 1.02 | 2.15 | 0.66 |
| Tax % | 28.95 | 23.85 | 22.64 | 32.35 | 26.83 | 12.5 | 17.44 | 19.61 | 22.79 | 43.94 |
| Net Profit | 0.53 | 0.82 | 0.41 | 0.23 | 0.3 | 0.35 | 0.71 | 0.82 | 1.66 | 0.37 |
| EPS in Rs | 2.61 | 3.12 | 1.62 | 0.85 | 1.04 | 1.23 | 2.23 | 2.35 | 4.97 | 0.77 |
| Dividend Payout % | 0 | 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 | 2.03 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 | 2.6 |
| Reserves | 13.83 | 20.07 | 20.49 | 20.71 | 20.98 | 21.3 | 21.86 | 22.49 | 23.78 | 23.99 |
| Borrowings | 8.84 | 16.31 | 8.3 | 8.26 | 9.24 | 10.3 | 22.3 | 20.61 | 33.25 | 52.83 |
| Other Liabilities | 3.55 | 8.63 | 7.36 | 8.89 | 7.33 | 8.32 | 12.56 | 16.02 | 7.26 | 14.25 |
| Total Liabilities | 28.25 | 47.61 | 38.75 | 40.46 | 40.15 | 42.52 | 59.32 | 61.72 | 66.89 | 93.67 |
| Fixed Assets | 0.01 | 0.02 | 0.02 | 0.01 | 0.03 | 0.31 | 0.27 | 0.42 | 0.22 | 0.45 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3.33 | 12.82 | 3.02 | 3.01 | 3.01 | 3.72 | 0.66 | 0.18 | 0.77 | 41.55 |
| Other Assets | 24.91 | 34.77 | 35.71 | 37.44 | 37.11 | 38.49 | 58.39 | 61.12 | 65.9 | 51.67 |
| Total Assets | 28.25 | 47.61 | 38.75 | 40.46 | 40.15 | 42.52 | 59.32 | 61.72 | 66.89 | 93.67 |

### 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 | 0.28 | -3.93 | 0.04 | 0.72 | -0.18 | -0.39 | 3.34 | 4.74 | -6.89 | 3.35 |
| Cash from Investing Activity | -2.1 | -8.73 | 9.06 | -0.05 | -0.03 | -0.96 | -0.05 | 0.43 | -0.02 | -41.03 |
| Cash from Financing Activity | 2.28 | 12.36 | -8.29 | -0.68 | 1.2 | -0.48 | -2.31 | -5.37 | 6.58 | 38.01 |
| Net Cash Flow | 0.46 | -0.3 | 0.81 | 0 | 0.99 | -1.83 | 0.98 | -0.2 | -0.33 | 0.33 |
| Free Cash Flow | 0.28 | -3.94 | 0.04 | 0.71 | -0.21 | -0.72 | 3.31 | 4.5 | -6.8 | 3.08 |
| CFO/OP | 74 | -352 | 38 | 248 | -42 | -153 | -814 | 662 | -582 | 486 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 68.33 | 114.42 | 238.11 | 375.65 | 426.08 | 492.52 | 441.72 | 387.87 | 321.81 | 402.24 |
| Inventory Days | — | — | — | — | 27833.86 | 3516.22 | 4408.08 | — | 10430.58 | — |
| Days Payable | — | — | — | — | 4818 | 580.22 | 119.97 | — | 665.42 | — |
| Cash Conversion Cycle | 68.33 | 114.42 | 238.11 | 375.65 | 23441.94 | 3428.52 | 4729.83 | 387.87 | 10086.97 | 402.24 |
| Working Capital Days | 257.32 | 392.19 | 904.9 | 1549.33 | 1997.7 | 1565.99 | 2520.13 | 2366.78 | 1895.35 | -997.23 |
| ROCE % | — | 3.38 | 1.49 | 1.08 | 1.27 | 1.19 | 2.04 | 2.06 | 3.87 | 0.92 |

## 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 | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% | 56.98% |
| 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 | 38.2% | 38.2% | 38.2% | 38.2% | 38.2% | 38.11% | 37.88% | 37.69% | 37.69% | 36.17% | 32.01% | 32.01% |
| Others | 4.82% | 4.82% | 4.82% | 4.82% | 4.82% | 4.91% | 5.14% | 5.33% | 5.33% | 6.85% | 11.01% | 11.01% |
| No. of Shareholders | 48 | 48 | 46 | 49 | 48 | 51 | 49 | 49 | 49 | 51 | 49 | 49 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 5 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 132.4 | Sell |
| EMA (10) | 132.14 | Sell |
| SMA (20) | 140.35 | Sell |
| EMA (20) | 139.93 | Sell |
| SMA (50) | 228.19 | Sell |
| EMA (50) | 162.27 | Sell |
| SMA (100) | 171.16 | Sell |
| EMA (100) | 150.54 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.53 | Neutral |
| MACD (12,26,9) | -12.43 | Buy |
| Stochastic (14,3,3) | 4.17 | Buy |
| ADX (14) | 14.73 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 9.1 | High Volatility |
| ROC (12) | -17.76 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 27.63 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=BDB06FBA_E5D2_4CFE_88CB_A2020BA0BF20_171748.pdf) |
| 2026-09-05 | [Shareholders Meeting - AGM On 30.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23ac3beb-4382-4c00-8157-2085b0cc5e9d.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83aff717-51f7-4fbe-8a51-538ca64f9567.pdf) |
| 2026-09-05 | [Intimation Pursuant To Regulation 42 Of SEBI (LODR) Reg 2015 On Book Closure For Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=00d1783f-9fa0-48fd-b952-2e77df0956ee.pdf) |
| 2026-08-26 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=EA7EC831_1CA3_4A4E_A7F7_8A5B16B9FBE9_171632.pdf) |
| 2026-07-28 | [Non Applicability Of Escrow Payment Mechanism](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a22eece-f8ab-4bd8-9909-2a7126d3728f.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56e40fc8-e70d-4c11-bc89-bd1f14d5f0e5.pdf) |
| 2026-05-30 | [Board Meeting Outcome for Outcome Of The Board Meeting For The Half Year And Financials Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b58c448-f261-4e5c-af85-204425ee766d.pdf) |
| 2026-05-20 | [Board Meeting Intimation for Approval Of Audited Financial Results (Standalone And Consolidated) Of The Company For The Half Year And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61abfb09-e37c-41d8-97e5-01131a1a1976.pdf) |
| 2026-04-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f2dbcaa-7a35-4d53-a50f-da0d5d6a176d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Result - Half Year And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b69b7492-98cd-4d59-bde1-6532a6f215c1.pdf) |
| 2025-11-14 | [Result Of Half Year Ended 30Th September 2025 Standalone And Consolidated](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9801f0b5-8e15-4ff1-88a4-189239dd5819.pdf) |
| 2025-05-29 | [Result-Financials For The Half Year And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73acb853-ef0b-4b08-bee7-1eeaac060304.pdf) |
| 2024-12-16 | [Updated Unaudited Financial Result (Standalone And Consolidated) For The Half Year Ended 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=444907e5-bacd-4447-8a65-98a73a2c9fec.pdf) |
| 2024-11-14 | [Unaudited Financial Results For The Half Year Ended September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3f7a6d7-0b03-427a-9d91-843577480c73.pdf) |
| 2024-05-30 | [Result For Half Year And Year Ended 31St March 2024 -](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ecc5f83-ae94-45e1-88eb-7a6dabe64be7.pdf) |
| 2023-11-10 | [Result - Unaudited Financial Result - Half Year Ended 30Th September 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbf26baa-ecf2-418c-bd28-cf7ebd86adc0.pdf) |
| 2023-10-12 | [Resubmission Of Audited Financial Result For The Half Year And Year Ended 31St March 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae73ca68-c23b-4ac0-98fd-fb8875ca7794.pdf) |
| 2023-06-27 | [Results-Audited Financial Results For The Half Year And Financial Year Ended 31.03.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bda6fe80-3983-4b52-adb8-0e7ac3a600fa.pdf) |
| 2023-06-23 | [Board Meeting Outcome for Board Meeting Outcome For Audited Standalone And Consolidated Financial Results For Half Year And Year Ended 31St March, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecc88120-a0a9-459c-b677-8b5a280ba3df.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Appoint Suvrat Ranka as Joint Managing Director effective Jan 9, 2026, five-year term, subject to shareholder approval. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I,E, 09Th January, 2026 9 Jan - Appoint Suvrat Ranka as Joint Managing Director effective Jan 9, 2026, five-year term, subject to shareholder approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/230be6ee-0db4-4c7d-89b8-6b4ff4974081.pdf) |
| 6 Jan - Regulation 57(4)&(5) not applicable for quarter ended 31-Dec-2025; no non-convertible securities. | [Compliance-57 (5) : intimation after the end of quarter 6 Jan - Regulation 57(4)&(5) not applicable for quarter ended 31-Dec-2025; no non-convertible securities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c33dd319-03ca-4678-922e-c99fc6814145.pdf) |
| 4 Feb - Appointment of Devendra P. Khandelwal (DIN 07460858) as Independent Director for five years from 04-02-2026. | [Announcement under Regulation 30 (LODR)-Change in Management 4 Feb - Appointment of Devendra P. Khandelwal (DIN 07460858) as Independent Director for five years from 04-02-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4987199e-aeab-4c6a-bbe1-a571f0881550.pdf) |
| 3 Apr - Declared Regulations 57(4) and 57(5) inapplicable for quarter ended 31 March 2026; no non-convertible securities issued. | [Compliance-57 (5) : intimation after the end of quarter 3 Apr - Declared Regulations 57(4) and 57(5) inapplicable for quarter ended 31 March 2026; no non-convertible securities issued.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ddad43d2-76ef-46e8-b06f-ff6feb8e0892.pdf) |
| 14 Nov 2025 - Board approved unaudited standalone and consolidated H1 results for period ended 30 Sep 2025; limited review unmodified. | [Board Meeting Outcome for Outcome Of Board Meeting For Unaudited Financials Results (Standalone And Consolidated) For Half Year Ended 30Th September 2025 14 Nov 2025 - Board approved unaudited standalone and consolidated H1 results for period ended 30 Sep 2025; limited review unmodified.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c289766-2f4d-4da8-9553-b37f90f0d3a2.pdf) |
| 14 Nov 2025 - Approved unaudited H1 results (30 Sep 2025); consolidated net profit Rs33.39 lakh. | [Result Of Half Year Ended 30Th September 2025 Standalone And Consolidated 14 Nov 2025 - Approved unaudited H1 results (30 Sep 2025); consolidated net profit Rs33.39 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9801f0b5-8e15-4ff1-88a4-189239dd5819.pdf) |
| 14 Feb - Board approved unaudited results for quarter and period ended Dec 31, 2025; limited review by J T Shah & Company. | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E 14Th February 2026 14 Feb - Board approved unaudited results for quarter and period ended Dec 31, 2025; limited review by J T Shah & Company.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca4bffe0-76e3-4449-a69b-12249bd3d745.pdf) |
| 14 Apr - Submission of certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended 31st March 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Submission of certificate under Reg 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended 31st March 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f2dbcaa-7a35-4d53-a50f-da0d5d6a176d.pdf) |
| 14 Apr - Bhanderi Infracon says Annual Secretarial Compliance Report is not applicable on BSE SME platform. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 14 Apr - Bhanderi Infracon says Annual Secretarial Compliance Report is not applicable on BSE SME platform.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/175194dd-c900-4028-ac0c-198ad4300236.pdf) |
| 14 Apr - Bhanderi Infracon confirms it is not a large corporate for March 2026 SEBI disclosure. | [General Updates 14 Apr - Bhanderi Infracon confirms it is not a large corporate for March 2026 SEBI disclosure.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d5523a6-5b70-4d7c-8a8c-6a5d04f9b861.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/26595d57-70f2-4def-898c-ba8124e52390.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea8a5eac-6b8e-4c9a-8e93-c1b582b4d6bb.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/54bd9872-ef0e-4e7a-a232-2f364b1e60b8.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538576/76753538576.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538576/71719538576.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/538576/66964538576_30_01_21.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/538576/5385760319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/538576/5385760318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/538576/5385760317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/538576/5385760316.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 2026-09-13T20:15:33.556Z.