---
title: "Econo Trade India Ltd (538708) — Share Price, Financials & Analysis"
symbol: "538708"
company: "Econo Trade India Ltd"
canonical: "https://tapetide.com/stocks/538708"
isin: "INE937K01014"
nse_symbol: "ECONOTRADELTD"
bse_code: "538708"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 12.3
generated_at: "2026-09-13T19:38:35.458Z"
---

# Econo Trade India Ltd (538708)

Canonical page: https://tapetide.com/stocks/538708

## Company

- **NSE Symbol:** ECONOTRADELTD
- **BSE Code:** 538708
- **ISIN:** INE937K01014
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** econo.in

## About

Incorporated in 1982, Econo Trade India Ltd is in the business of providing loans and making investments[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:35:12.554144Z.

- **Market Cap:** ₹12.3 Cr
- **Classification:** Microcap
- **P/E (reported):** 5.5
- **EPS (TTM):** ₹1.2
- **EPS (reported):** ₹1.28
- **Book Value:** ₹25.73
- **Price to Book:** 0.26
- **Dividend Yield:** 0%
- **ROE:** 0.81%
- **ROCE:** 1.18%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹22.1 Cr
- **Net Income:** ₹0.3 Cr
- **EBITDA:** ₹0.4 Cr
- **52-Week High:** ₹9.85
- **52-Week Low:** ₹5.75
- **RSI (14):** 51.53

## Tapetide Score

- **Score:** 59 / 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:** 84.7 (of 4473 scored stocks)
- **Confidence:** 82%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| growth | 42.23 | 9.89% |
| momentum | 42.87 | 13.19% |
| ownership | 50 | 26.37% |
| quality | 64.81 | 24.18% |
| valuation | 80.86 | 26.37% |

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

## Key Insights

### Strengths

- Stock is trading at 0.25 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 26.2%
- Company has a low return on equity of 5.20% over last 3 years.
- Contingent liabilities of Rs.14.1 Cr.
- Working capital days have increased from 1,025 days to 2,557 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 211.62% | -95.12% | -95.02% |
| ebitda margin growth | 500% | -61.17% | — | — |
| net income growth | 300% | 200% | 5% | 25% |
| revenue growth | 108.33% | 402.27% | 9% | 23% |
| roce | 418.18% | 96.67% | — | — |
| roe | 566.67% | 189.29% | — | — |

## 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 1.58 | 1.67 | 2.56 | 1.24 | 1.44 | 1.35 | 2.4 | 1.29 | 1.46 | 1.51 | 1.66 | 1.5 |
| Expenses | -0.26 | 0.09 | 0.24 | 0.15 | 0.09 | 0.1 | 0.55 | 0.12 | 0.11 | 0.13 | 0.56 | 0.2 |
| Financing Profit | 0.54 | 0.75 | 1.29 | 0.54 | 0.84 | 0.61 | 1.12 | 0.7 | 0.89 | 0.84 | 0.53 | 0.73 |
| Financing Margin % | 34.18 | 44.91 | 50.39 | 43.55 | 58.33 | 45.19 | 46.67 | 54.26 | 60.96 | 55.63 | 31.93 | 48.67 |
| Other Income | 0.01 | 0.01 | 0.07 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Interest | 1.3 | 0.83 | 1.03 | 0.55 | 0.51 | 0.64 | 0.73 | 0.47 | 0.46 | 0.54 | 0.57 | 0.57 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 0 | 0 | 0 | 0.09 | 0.02 |
| Profit before tax | 0.55 | 0.76 | 1.36 | 0.55 | 0.85 | 0.62 | 1.04 | 0.71 | 0.9 | 0.85 | 0.45 | 0.72 |
| Tax % | 23.64 | 27.63 | 25 | 25.45 | 24.71 | 19.35 | 30.77 | 23.94 | 25.56 | 24.71 | 26.67 | 19.44 |
| Net Profit | 0.42 | 0.54 | 1.02 | 0.41 | 0.64 | 0.5 | 0.71 | 0.54 | 0.67 | 0.64 | 0.33 | 0.59 |
| EPS in Rs | 0.22 | 0.29 | 0.55 | 0.22 | 0.34 | 0.27 | 0.38 | 0.29 | 0.36 | 0.34 | 0.18 | 0.32 |

### 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 9.87 | 3.8 | 1.89 | 2.14 | 3.22 | 4.54 | 7.13 | 6.42 | 5.92 | 6.13 |
| Expenses | 9.42 | 3.38 | 1.25 | 1.02 | 1.54 | 0.53 | 0.59 | 0.88 | 0.92 | 1 |
| Financing Profit | 0.45 | 0.42 | 0.64 | 0.99 | 1.04 | 2.4 | 3.28 | 3.1 | 2.95 | 2.99 |
| Financing Margin % | 4.56 | 11.05 | 33.86 | 46.26 | 32.3 | 52.86 | 46 | 48.29 | 49.83 | 48.78 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.1 | 0.04 | 0.04 | 0.04 |
| Interest | 0 | 0 | 0 | 0.13 | 0.64 | 1.61 | 3.26 | 2.44 | 2.05 | 2.14 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.09 | 0.09 | 0.11 |
| Profit before tax | 0.45 | 0.42 | 0.64 | 0.99 | 1.04 | 2.43 | 3.38 | 3.05 | 2.9 | 2.92 |
| Tax % | 24.44 | 26.19 | 29.69 | 28.28 | 27.88 | 22.63 | 25.15 | 25.9 | 24.83 | — |
| Net Profit | 0.33 | 0.31 | 0.46 | 0.71 | 0.75 | 1.88 | 2.53 | 2.26 | 2.18 | 2.23 |
| EPS in Rs | 0.18 | 0.17 | 0.25 | 0.38 | 0.4 | 1.01 | 1.36 | 1.21 | 1.17 | 1.2 |
| 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 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 | 18.67 |
| Reserves | 17.96 | 18.29 | 18.59 | 19.05 | 19.77 | 20.51 | 22.39 | 24.92 | 27.18 | 29.36 |
| Borrowing | 0.1 | 0 | 0 | 0 | 2.26 | 8.47 | 23.46 | 29.22 | 23.71 | 19.74 |
| Other Liabilities | 0.42 | 0.57 | 0.68 | 0.87 | 0.18 | 0.28 | 0.36 | 0.34 | 0.29 | 0.32 |
| Total Liabilities | 37.15 | 37.53 | 37.94 | 38.59 | 40.88 | 47.93 | 64.88 | 73.15 | 69.85 | 68.09 |
| Fixed Assets | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 6.39 | 6.11 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 6.05 | 6.7 | 12.42 | 11.07 | 8.28 | 8.34 | 8.47 | 8.58 |
| Other Assets | 37.14 | 37.52 | 31.88 | 31.89 | 28.46 | 36.86 | 56.6 | 64.81 | 54.99 | 53.4 |
| Total Assets | 37.15 | 37.53 | 37.94 | 38.59 | 40.88 | 47.93 | 64.88 | 73.15 | 69.85 | 68.09 |

### 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 | -1.8 | 1.85 | 5.05 | 7.39 | -12.38 | -8.55 | -17.68 | -5.78 | 5.64 | 3.88 |
| Cash from Investing Activity | 2.86 | 0.52 | -7.17 | 6.41 | -5.42 | 2.14 | 2.78 | -0.05 | -0.13 | 0.09 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 2.26 | 6.2 | 14.98 | 5.76 | -5.51 | -3.96 |
| Net Cash Flow | 1.06 | 2.37 | -2.12 | 13.8 | -15.55 | -0.21 | 0.08 | -0.08 | 0 | 0 |
| Free Cash Flow | -1.8 | 1.85 | 5.05 | 7.39 | -12.38 | -8.55 | -17.69 | -5.78 | 5.64 | 4.08 |
| CFO/OP | -600 | 438 | 1202 | 1155 | -1081 | -493 | -423 | -75 | 116 | 93 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 0.3 | 0.9 | 0.84 | 1.23 | 1.86 | 1.93 | 4.69 | 5.98 | 5.05 | 4.64 |

## 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 | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% | 26.19% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.02% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 41% | 44.39% | 47.68% | 47.7% | 48.31% | 50.98% | 51.02% | 51.6% | 51.6% | 51.91% | 52.11% | 52.11% |
| Others | 32.82% | 29.42% | 26.13% | 26.11% | 25.5% | 22.83% | 22.79% | 22.21% | 22.21% | 21.9% | 21.69% | 21.68% |
| No. of Shareholders | 2953 | 3591 | 4197 | 4387 | 5835 | 6596 | 6874 | 6708 | 6675 | 6630 | 6639 | 6583 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 6.5 | Sell |
| EMA (10) | 6.51 | Sell |
| SMA (20) | 6.53 | Sell |
| EMA (20) | 6.52 | Sell |
| SMA (50) | 6.5 | Sell |
| EMA (50) | 6.65 | Sell |
| SMA (100) | 7.09 | Sell |
| EMA (100) | 6.87 | Sell |
| SMA (200) | 7.09 | Sell |
| EMA (200) | 7.09 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.89 | Neutral |
| MACD (12,26,9) | -0.03 | Sell |
| Stochastic (14,3,3) | 40.74 | Neutral |
| ADX (14) | 43.89 | Buy |
| Williams %R (14) | -60.19 | Neutral |
| ATR (14) | 0.52 | High Volatility |
| ROC (12) | -2.99 | Sell |
| Stoch RSI (14) | 33.77 | Neutral |
| UO (7,14,28) | 57.63 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c8faed3-1d36-43ce-8bec-f62e4fa0f86a.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73ba9bd4-7dc0-43bd-a267-b1c98973a471.pdf) |
| 2026-09-08 | [DISCLOSURE UNDER REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015 (LISTING REGULATIONS)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ad66777-7675-456e-8e4b-12a879b12bfd.pdf) |
| 2026-09-08 | [NOTICE OF THE 43RD ANNUAL GENERAL MEETING (AGM) OF THE COMPANY FOR THE FINANCIAL YEAR 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9ae58de-9d94-4932-b543-a91dd5f31b5c.pdf) |
| 2026-09-08 | [NOTICE OF THE 43RD ANNUAL GENERAL MEETING (AGM) OF THE COMPANY FOR THE FINANCIAL YEAR 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3f92d7ce-6571-4448-9699-f1d89e35428e.pdf) |
| 2026-09-08 | [INTIMATION OF BOOK CLOSURE FOR 43RD ANNUAL GENERAL MEETING PURSUANT TO REGULATION 42 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f669f8d-522c-4bb4-aa05-d0f2df926585.pdf) |
| 2026-08-28 | [Board Meeting Outcome for THIS IS TO INFORM YOU THAT THE BOARD MEETING HELD ON TODAY I.E. AUGUST 28 2026 HAVE TAKEN ON RECORD AND APPROVED FOLLOWING BUSINESS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0001934-e770-47b4-9084-690d2fbc0941.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8dafcf0f-0293-4bf8-bd47-24b12a385d6c.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65541302-bf27-4020-b8eb-caa79932ffb6.pdf) |
| 2026-08-13 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING (APPROVED THE UN-AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE FIRST QUARTER ENDED JUNE 30 2026).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a174ffec-dc93-441a-8998-cd311588e0c4.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [OUTCOME OF BOARD MEETING (APPROVED THE UN-AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE FIRST QUARTER ENDED JUNE 30 2026)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfad0a20-5918-4cb0-9712-5bd1ffdb43eb.pdf) |
| 2026-05-30 | [OUTCOME OF BOARD MEETING (APPROVED THE AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED MARCH 31 2026).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1571f1ff-76b1-4716-b5ad-9069ef1bc464.pdf) |
| 2026-02-13 | [Un-Audited Financial Results For The Quarter Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8ec342c-00cf-45ca-bb81-2b198df3ca50.pdf) |
| 2025-11-14 | [UN-AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE SECOND QUARTER AND HALF YEAR ENDED SEPTEMBER 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9388e917-1742-4e61-a828-d673d9730ca1.pdf) |
| 2025-08-13 | [Un-Audited Financial Results June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6217f87-7a6d-4f80-9734-77fe5c9c66dc.pdf) |
| 2025-05-30 | [Audited Financial Results Year Ended March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c6e370b-7abc-4b3f-a845-4caf34a17fe2.pdf) |
| 2025-02-13 | [Standlone Un-Audited Financial Results For The Third Quarter And Nine Months Ended December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b785d324-285a-45ec-90cc-cce53bd833e8.pdf) |
| 2024-11-13 | [UN-AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE SECOND QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c470d0d-83ce-44e0-8d5a-0a962ffde9e2.pdf) |
| 2024-08-09 | [Unaudited Financial Results For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1535f6b0-dac6-4127-a754-d7b709d6b1f8.pdf) |
| 2024-05-29 | [OUTCOME OF BOARD MEETING (APPROVED THE AUDITED STANDALONE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED MARCH 31, 2024)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=493c7e02-fbbe-4fae-b192-be801ad8d29f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - GCCO Vaibhav Purohit resigned; resignation dated Dec 12, 2025; relieved effective March 10, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 9h - GCCO Vaibhav Purohit resigned; resignation dated Dec 12, 2025; relieved effective March 10, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/01ccc857-430b-457c-b7fe-3c7c9c8fc4a8.pdf) |
| 6 Feb - Board meeting Feb 13, 2026 to approve unaudited Q3 results for period ended Dec 31, 2025. | [Board Meeting Intimation for INTIMATION OF BOARD MEETING FOR APPROVAL OF UN-AUDITED FINANCIAL RESULTS OF THE COMPANY FOR THE THIRD QUARTER ENDED DECEMBER 31, 2025 6 Feb - Board meeting Feb 13, 2026 to approve unaudited Q3 results for period ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e129e909-f35f-4f0e-acb8-79b7460d6282.pdf) |
| 5 May - Filed FY2025-26 annual secretarial compliance report on May 5, 2026; no non-compliances observed. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 5 May - Filed FY2025-26 annual secretarial compliance report on May 5, 2026; no non-compliances observed.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/93332891-fa3f-4da5-93a8-0ef6b70f69b7.pdf) |
| 30 Mar - Independent directors reviewed board and chairman performance and information flow; meeting held March 30, 2026 (01:00–03:40 PM). | [Board Meeting Outcome for OUTCOME OF INDEPENDENT DIRECTORS MEETING 30 Mar - Independent directors reviewed board and chairman performance and information flow; meeting held March 30, 2026 (01:00–03:40 PM).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28ec7894-7c5e-462d-9a02-8f89e573c82f.pdf) |
| 23 Jan - Newspaper publication of financial results for the quarter and nine month ended December 31, 2025 is attached herewith | [Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jan - Newspaper publication of financial results for the quarter and nine month ended December 31, 2025 is attached herewith](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1fa89106-5d83-4307-a7e4-4315e5a1265a.pdf) |
| 22 Jan - Unaudited Q3 results (Dec 31, 2025); limited review; Shailen R. Shah appointed Group Director KMP effective Jan 22, 2026. | [Board Meeting Outcome for Outcome Of Board Meeting - Results 22 Jan - Unaudited Q3 results (Dec 31, 2025); limited review; Shailen R. Shah appointed Group Director KMP effective Jan 22, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ee1e55fb-6092-4059-8eee-9a26b4a8001e.pdf) |
| 22 Jan - Approved Q3 unaudited standalone/consolidated results (Dec 31, 2025); limited review; Mr. Shailen R. Shah appointed Group Director (Jan 22, 2026). | [Announcement under Regulation 30 (LODR)-Change in Management 22 Jan - Approved Q3 unaudited standalone/consolidated results (Dec 31, 2025); limited review; Mr. Shailen R. Shah appointed Group Director (Jan 22, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43a79b18-8dc9-4f94-a3d3-8671fe2d596d.pdf) |
| 16 Jan - M S K A & Associates converted to LLP effective 13 Jan 2026; auditors remain engaged. | [Intimation Towards Change In The Constitution Of The Statutory Auditors 16 Jan - M S K A & Associates converted to LLP effective 13 Jan 2026; auditors remain engaged.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af60eb0b-3439-4190-a214-3d1df6723e96.pdf) |
| 16 Apr - Submitted Regulation 74(5) RTA certificate for quarter and year ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 16 Apr - Submitted Regulation 74(5) RTA certificate for quarter and year ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79ed2efb-1d69-4127-8719-35f59f266713.pdf) |
| 16 Apr - Company confirms non-applicability of SEBI large corporate debt circular as of March 31, 2026. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 16 Apr - Company confirms non-applicability of SEBI large corporate debt circular as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b80affd0-d257-4174-85ee-9d273d8f27b0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9bd118a2-4879-4942-b263-7a45a92ea5eb.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4fca7649-a837-4fcc-8ff0-ede5973c3980.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fe1b2367-b429-4375-bbf5-165079894833.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c30f29b7-9734-4970-9f4a-11ddbb20a43d.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98b4033c-2cbb-4267-8dea-c412f35c766d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45ee0161-8c82-4287-9803-073ca24e72e9.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/511551/74263511551.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538708/75749538708.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/511551/71514511551.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538708/72036538708.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 2026-09-13T19:38:35.458Z.