---
title: "Hind Commerce Ltd (538652) — Share Price, Financials & Analysis"
symbol: "538652"
company: "Hind Commerce Ltd"
canonical: "https://tapetide.com/stocks/538652"
isin: "INE691J01019"
nse_symbol: "HINDCOMMERCELTD"
bse_code: "538652"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 1.2
generated_at: "2026-09-13T19:15:21.068Z"
---

# Hind Commerce Ltd (538652)

Canonical page: https://tapetide.com/stocks/538652

## Company

- **NSE Symbol:** HINDCOMMERCELTD
- **BSE Code:** 538652
- **ISIN:** INE691J01019
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2016-01-14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hindcommerce.com

## About

Hind Commerce is presently engaged in the domestic as well as international trading of cotton yarn and fabric business.

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:36:55.325939Z.

- **Market Cap:** ₹1.2 Cr
- **Classification:** Microcap
- **P/E (reported):** 1.7
- **EPS (TTM):** ₹2.33
- **EPS (reported):** ₹0.95
- **Book Value:** ₹58.43
- **Price to Book:** 0.07
- **Dividend Yield:** 0%
- **ROE:** 3.63%
- **ROCE:** 3.79%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹2.5 Cr
- **Net Income:** ₹0.3 Cr
- **EBITDA:** ₹0.3 Cr
- **52-Week High:** ₹4
- **52-Week Low:** ₹4
- **RSI (14):** 44.7

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.07 times its book value
- Market value of investments Rs.10.8 Cr. is more than the Market Cap Rs.1.20 Cr.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 30.6%
- Company has a low return on equity of 2.45% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -60.19% | 112.85% | -84.23% |
| ebitda margin growth | 200% | — | — | — |
| net income growth | 200% | 23% | 124% | 33% |
| revenue growth | 300% | -76% | — | -27% |
| roce | -196.97% | — | — | — |
| roe | -203.7% | — | — | — |

## 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 | 0.43 | 0.21 | 3.99 | 1.4 | 0.76 | 0 | 0.22 | 0.51 | 0.15 | 0 | 0.02 | 0.19 |
| Expenses | 0.48 | 0.26 | 3.95 | 1.55 | 0.78 | 0.08 | 0.26 | 0.57 | 0.03 | 0.08 | 0.08 | 0.25 |
| Operating Profit | -0.05 | -0.05 | 0.04 | -0.15 | -0.02 | -0.08 | -0.04 | -0.06 | 0.12 | -0.08 | -0.06 | -0.06 |
| OPM % | -11.63 | -23.81 | 1 | -10.71 | -2.63 | — | -18.18 | -11.76 | 80 | — | -300 | -31.58 |
| Other Income | 0.22 | 0.09 | 0.09 | 0.11 | 0.16 | 0.12 | 0.16 | 0.36 | 0.47 | 0.33 | -0.27 | 0.38 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.17 | 0.04 | 0.13 | -0.04 | 0.14 | 0.04 | 0.12 | 0.3 | 0.59 | 0.25 | -0.33 | 0.32 |
| Tax % | 5.88 | 75 | 53.85 | 25 | -28.57 | 25 | 25 | 16.67 | 20.34 | 16 | -18.18 | 12.5 |
| Net Profit | 0.15 | 0.02 | 0.06 | -0.04 | 0.19 | 0.03 | 0.1 | 0.25 | 0.48 | 0.21 | -0.27 | 0.28 |
| EPS in Rs | 0.5 | 0.07 | 0.2 | -0.13 | 0.63 | 0.1 | 0.33 | 0.83 | 1.6 | 0.7 | -0.9 | 0.93 |

### 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 | 0.53 | 1.28 | 6.8 | 3.34 | 0.68 | 0 | 5.92 | 2.38 | 0.68 | 0.36 |
| Expenses | 0.66 | 1.42 | 6.19 | 3.25 | 0.61 | 0.28 | 6.06 | 2.63 | 0.76 | 0.44 |
| Operating Profit | -0.13 | -0.14 | 0.61 | 0.09 | 0.07 | -0.28 | -0.14 | -0.25 | -0.08 | -0.08 |
| OPM % | -24.53 | -10.94 | 8.97 | 2.69 | 10.29 | — | -2.36 | -10.5 | -11.76 | -22.22 |
| Other Income | 0.57 | 0.47 | 0.13 | 0.16 | 0.71 | 0.46 | 0.54 | 0.54 | 0.89 | 0.91 |
| Interest | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0 | 0.01 | 0.02 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.43 | 0.32 | 0.72 | 0.24 | 0.77 | 0.18 | 0.39 | 0.27 | 0.81 | 0.83 |
| Tax % | 13.95 | 25 | 23.61 | 37.5 | 12.99 | 50 | 30.77 | -3.7 | 17.28 | — |
| Net Profit | 0.37 | 0.24 | 0.56 | 0.16 | 0.68 | 0.1 | 0.27 | 0.27 | 0.67 | 0.7 |
| EPS in Rs | 1.23 | 0.8 | 1.87 | 0.53 | 2.27 | 0.33 | 0.9 | 0.9 | 2.23 | 2.33 |
| 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 8.35 | 8.48 | 8.8 | 8.16 | 9.71 | 11.63 | 11.54 | 13.8 | 13.55 | 14.53 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.34 | 0.28 | 0.29 | 1.03 | 0.61 | 0.67 | 0.66 | 1 | 0.16 | 0.26 |
| Total Liabilities | 11.69 | 11.76 | 12.09 | 12.19 | 13.32 | 15.3 | 15.2 | 17.8 | 16.71 | 17.79 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 10.5 | 11.24 | 11.33 | 5.62 | 12.53 | 14.95 | 14.65 | 14 | 15.72 | 17.54 |
| Other Assets | 1.19 | 0.52 | 0.76 | 6.57 | 0.79 | 0.35 | 0.55 | 3.8 | 0.99 | 0.25 |
| Total Assets | 11.69 | 11.76 | 12.09 | 12.19 | 13.32 | 15.3 | 15.2 | 17.8 | 16.71 | 17.79 |

### 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 | -1.02 | 0.57 | -0.58 | -4.33 | 4.81 | 0.45 | -0.52 | -2.56 | 2 | 0.04 |
| Cash from Investing Activity | 1.02 | -0.44 | 0.44 | 4.71 | -5.14 | -0.42 | 0.56 | 3.42 | -2.52 | -0.51 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0 | 0.13 | -0.15 | 0.38 | -0.33 | 0.04 | 0.05 | 0.86 | -0.52 | -0.47 |
| Free Cash Flow | -1.02 | 0.57 | -0.43 | -4.33 | 4.81 | 0.45 | -0.52 | -2.56 | 2 | 0.04 |
| CFO/OP | 1078 | -523 | 414 | -710 | 5456 | 743 | 146 | 1779 | -828 | -138 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 76.7 | 0 | 114.06 | 243.69 | 0 | 0 | — | 152.29 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 72.75 | 51.62 | 0 | — | 0 | 30.42 | 0 |
| Days Payable | — | — | — | 37.93 | 0 | — | — | — | 0 | — |
| Cash Conversion Cycle | 76.7 | 0 | 114.06 | 278.51 | 51.62 | 0 | — | 152.29 | 30.42 | 0 |
| Working Capital Days | 97.03 | 165.28 | 173.95 | 281.8 | 53.55 | 59.04 | — | 149.21 | 42.94 | -5.37 |
| ROCE % | -1.93 | 2.45 | 2.32 | 4.62 | 2.09 | 5.71 | 0.48 | 2.55 | 1.74 | 4.75 |

## 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 | 30.59% | 30.59% | 30.59% | 30.59% | 30.59% | 30.59% | 30.59% | 30.59% | 30.59% | 30.59% | 30.59% | 30.59% |
| 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 | 20.46% | 20.46% | 20.46% | 20.46% | 20.46% | 20.46% | 20.46% | 20.46% | 20.46% | 20.46% | 20.46% | 20.46% |
| Others | 48.95% | 48.95% | 48.95% | 48.95% | 48.95% | 48.95% | 48.95% | 48.95% | 48.95% | 48.95% | 48.95% | 48.95% |
| No. of Shareholders | 527 | 527 | 527 | 527 | 527 | 527 | 527 | 527 | 527 | 527 | 527 | 527 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2344.97 | Sell |
| EMA (10) | 2132.17 | Sell |
| SMA (20) | 2507.84 | Sell |
| EMA (20) | 2385.91 | Sell |
| SMA (50) | 2656.71 | Sell |
| EMA (50) | 2595.51 | Sell |
| SMA (100) | 2777.33 | Sell |
| EMA (100) | 2705.32 | Sell |
| SMA (200) | 2856.07 | Sell |
| EMA (200) | 2671.57 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 8.57 | Buy |
| MACD (12,26,9) | -243.76 | Sell |
| Stochastic (14,3,3) | 7.7 | Buy |
| ADX (14) | 20.73 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 286.04 | High Volatility |
| ROC (12) | -99.85 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 9.94 | Buy |

## 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=25e518cd-4c86-4f7d-8aa6-7076cbd2d9f8.pdf) |
| 2026-09-01 | [Notice Of 41St Annual General Meeting Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=deb030ca-3cb2-43e8-b5af-2cbb575408e0.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2749e1a5-7551-483a-954a-c963ea28f1f4.pdf) |
| 2026-09-01 | [Intimation Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulation 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b933e3be-081a-4102-b273-96b0a292afaf.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d045e9c-67cc-4df1-a99e-c66f969526f1.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Approval Of Unaudited Financial Statement Of The Company For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4672a651-36c0-49ea-afba-f48f641bfe78.pdf) |
| 2026-08-12 | [Finalization Of Book Closure Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6722ffe-9237-4396-ba39-59a536d535fc.pdf) |
| 2026-08-12 | [Finalization Of Cut-Off Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0998197e-a76a-4bc8-9b86-31243dedd653.pdf) |
| 2026-08-07 | [Board Meeting Intimation for To Consider And Approve The Un-Audited Financial Results Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=128697a6-b984-4771-b58f-f9fac727fd47.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a0334a7-b805-40bc-8aa8-4a8a5618a2b9.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Standalone Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7dc4f27c-505c-4dc5-a4e4-cb4312996d96.pdf) |
| 2026-05-29 | [Audited Financial Results For The Quarter And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7cdb649e-de24-4b6d-bdb6-48feb55744a1.pdf) |
| 2026-02-11 | [Unaudited Financial Results For The Quarter Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ad7925c-249e-4f3b-af4f-0f355704c90a.pdf) |
| 2025-11-10 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6637f77a-c487-4363-bb49-482511ae0d05.pdf) |
| 2025-08-07 | [Results For The Quarter Ended June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=658ef57f-8930-4205-a04f-53b7df6b62c5.pdf) |
| 2025-05-16 | [Audited Financial Results For The Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f54239b7-ef5a-4aae-96c6-17fb86fad437.pdf) |
| 2025-02-12 | [Unaudited Financial Results For Quarter Ended December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b1df1f8-68ff-4f94-8932-e94968b3d0f2.pdf) |
| 2024-11-07 | [Unaudited Financial Results For Quarter Ended September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ffd9da6b-c394-40fd-80fc-e558120a0749.pdf) |
| 2024-08-08 | [Outcome Of Boar Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=249aa146-287f-4cbf-a52c-7ce039ba9d2d.pdf) |
| 2024-05-29 | [Results For The Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be69a215-8fde-447c-8a14-5b122cdebc07.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Apr - Regulation 74(5) compliance certificate filed for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Regulation 74(5) compliance certificate filed for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b32fd17e-7895-4fe6-aabd-43eca02666e7.pdf) |
| 3 Feb - Board to approve unaudited results (quarter ended Dec 31, 2025) on Feb 11, 2026; trading window Jan1–Feb13. | [Board Meeting Intimation for Board Meeting Intimation For Approval Of Unaudited Financial Results For The Quarter Ended December 31, 2025. 3 Feb - Board to approve unaudited results (quarter ended Dec 31, 2025) on Feb 11, 2026; trading window Jan1–Feb13.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a6910410-b7cd-40e3-b78c-5e3bd8e37d97.pdf) |
| 29 Apr - Hind Commerce confirms on April 29, 2026 it is not a large corporate under SEBI LC Circulars. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Hind Commerce confirms on April 29, 2026 it is not a large corporate under SEBI LC Circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0452a91d-acce-4802-9180-31c192fc3318.pdf) |
| 29 Apr - Hind Commerce confirms on April 29, 2026 it is not a large corporate under SEBI LC Circulars. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Hind Commerce confirms on April 29, 2026 it is not a large corporate under SEBI LC Circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0452a91d-acce-4802-9180-31c192fc3318.pdf) |
| 29 Apr - Hind Commerce confirms it is not a large corporate under SEBI debt circulars. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 29 Apr - Hind Commerce confirms it is not a large corporate under SEBI debt circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd257ed4-5ec4-4d13-8392-88fce8ba2e7f.pdf) |
| 29 Apr - Hind Commerce confirms it is not a large corporate under SEBI debt circulars. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 29 Apr - Hind Commerce confirms it is not a large corporate under SEBI debt circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fd257ed4-5ec4-4d13-8392-88fce8ba2e7f.pdf) |
| 29 Apr - Hind Commerce confirms it is not a large corporate for FY ended March 31, 2026. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 29 Apr - Hind Commerce confirms it is not a large corporate for FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab4bef28-cbc8-4428-a7ec-6a0a08991567.pdf) |
| 29 Apr - Hind Commerce confirms it is not a large corporate for FY ended March 31, 2026. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 29 Apr - Hind Commerce confirms it is not a large corporate for FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ab4bef28-cbc8-4428-a7ec-6a0a08991567.pdf) |
| 16 Feb - Newspaper publication of unaudited financial results for the quarter ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Newspaper publication of unaudited financial results for the quarter ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3834493-cc58-44d6-8fff-e75a5cd82399.pdf) |
| 14 Jan - Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st December 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Jan - Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended 31st December 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/78547c10-e014-4553-b090-794536682dfb.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_RAIREKMOH_2010_2011_12092011031010.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_RAIREKMOH_2009_2010_08092010154000.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b02eaec2-b2e3-4d0e-aea9-36174a9d7c32.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/738bf60d-ce71-42e0-95e6-760bcedaf191.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be702e0b-277e-4711-8a75-eaa83363f80c.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538652/75558538652.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport//71199530047.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538652/72119538652.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport//67745530047.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/538652/68051538652.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2017 | [Concall - Oct 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/10/066293a1-6c33-4c61-b9aa-4545a7843c40.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 2026-09-13T19:15:21.068Z.
