---
title: "Tirupati Innovar Limited (539040) — Share Price, Financials & Analysis"
symbol: "539040"
company: "Tirupati Innovar Limited"
canonical: "https://tapetide.com/stocks/539040"
isin: "INE812Q01016"
nse_symbol: "TIRUPATITYRESLTD"
bse_code: "539040"
sector: "Automobiles"
industry: "Tyres"
market_cap_cr: 43.99
generated_at: "2026-09-13T19:17:18.727Z"
---

# Tirupati Innovar Limited (539040)

Canonical page: https://tapetide.com/stocks/539040

## Company

- **NSE Symbol:** TIRUPATITYRESLTD
- **BSE Code:** 539040
- **ISIN:** INE812Q01016
- **Sector:** Automobiles
- **Industry:** Tyres
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2015-03-27
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tirupatityres.com

## About

Incorporated in 1988, Tirupati Tyres Ltd deals in tyres and allied products.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:37:32.142467Z.

- **Market Cap:** ₹43.99 Cr
- **Classification:** Microcap
- **P/E (reported):** 69.2
- **EPS (TTM):** ₹0.09
- **EPS (reported):** ₹0.06
- **Book Value:** ₹14.4
- **Price to Book:** 0.43
- **Dividend Yield:** 0%
- **ROE:** 1.81%
- **ROCE:** 2.23%
- **Debt to Equity:** 0.09
- **Revenue (yearly):** ₹142.73 Cr
- **Net Income:** ₹0.65 Cr
- **EBITDA:** ₹-0.62 Cr
- **52-Week High:** ₹14.04
- **52-Week Low:** ₹5.11
- **RSI (14):** 42.21

## Tapetide Score

- **Score:** 46 / 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:** 31.9 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 44.24 | 9% |
| growth | 98.9 | 9% |
| momentum | 42.21 | 12% |
| ownership | 57.4 | 24% |
| quality | 32.15 | 22% |
| valuation | 33.2 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.77 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.06% over last 3 years.
- Company has high debtors of 389 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | — | -565.67% |
| ebitda margin growth | -725% | -103.81% | -101.49% | -100.72% |
| net income growth | -700% | -35% | 43% | 49% |
| revenue growth | 250.48% | — | 609.28% | 243.15% |
| roce | — | 913.64% | 457.5% | -8.9% |
| roe | — | — | 0.79% | -102.71% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.11 | 0 | 0 | 0 | 0 | 0 | 0 | 10.99 | 0 | 48.53 | 21 | 73.2 |
| Expenses | 0.05 | 0.06 | 0.07 | 0.1 | 0.06 | 0.17 | 0.17 | 10.08 | 0.19 | 46.5 | 20.62 | 76.04 |
| Operating Profit | 0.06 | -0.06 | -0.07 | -0.1 | -0.06 | -0.17 | -0.17 | 0.91 | -0.19 | 2.03 | 0.38 | -2.84 |
| OPM % | 54.55 | — | — | — | — | — | — | 8.28 | — | 4.18 | 1.81 | -3.88 |
| Other Income | 0 | 0.09 | 0.32 | -0.11 | 0.22 | 0.23 | 0.37 | 0 | 1.11 | 0 | 0 | 0.39 |
| 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 | 0.06 | 0.03 | 0.25 | -0.21 | 0.16 | 0.06 | 0.2 | 0.91 | 0.92 | 2.03 | 0.38 | -2.45 |
| Tax % | 0 | 0 | 0 | 14.29 | 31.25 | 33.33 | 20 | 25.27 | 25 | 25.12 | 26.32 | -25.31 |
| Net Profit | 0.06 | 0.03 | 0.25 | -0.24 | 0.11 | 0.05 | 0.16 | 0.68 | 0.68 | 1.52 | 0.28 | -1.83 |
| EPS in Rs | 0.01 | 0 | 0.04 | -0.03 | 0.02 | 0.01 | 0.02 | 0.1 | 0.1 | 0.21 | 0.04 | -0.26 |

### 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 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 11 | 143 |
| Expenses | 7 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 143 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -1 |
| OPM % | 0.3 | 0.5 | -270 | — | — | 62 | 76 | — | 4.6 | -0.4 |
| Other Income | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 1 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 1 | 1 |
| Tax % | 0 | — | 0 | 0 | 0 | 0 | 0 | 25 | 26 | 25 |
| Net Profit | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 1 | 1 |
| EPS in Rs | 0.01 | 0 | -0.33 | -0.17 | -0.7 | 0.16 | 0.03 | 0.01 | 0.14 | 0.09 |
| 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 | 24 | 24 | 24 | 24 |
| Reserves | -1 | -1 | -2 | -2 | -2 | -2 | 29 | 30 | 31 | 31 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 5 |
| Other Liabilities | 7 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 10 | 149 |
| Total Liabilities | 9 | 9 | 2 | 2 | 1 | 1 | 54 | 54 | 70 | 210 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 9 | 8 | 1 | 1 | 1 | 1 | 54 | 54 | 70 | 210 |
| Total Assets | 9 | 9 | 2 | 2 | 1 | 1 | 54 | 54 | 70 | 210 |

### 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 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | -4 | -1 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 1 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | -4 | -1 |
| CFO/OP | -1100 | 0 | 159 | -65 | 558 | -80 | 414 | -7 | -914 | 100 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 398 | 614 | 4453 | — | — | — | — | — | 418 | 389 |
| Inventory Days | 19 | 31 | 0 | — | — | — | — | — | 0 | 0 |
| Days Payable | 366 | 552 | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 51 | 93 | 4453 | — | — | — | — | — | 418 | 389 |
| Working Capital Days | 74 | 124 | 5110 | — | — | — | — | — | 1971 | 155 |
| ROCE % | 0 | 0 | -14 | -9 | -8 | 14 | 1 | 0 | 2 | 1 |

## 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 | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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% | 0.41% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 22.25% | 27.84% | 37.38% | 49.8% | 94.32% | 94.62% | 94.61% | 95.47% | 96.21% | 97.21% | 97.55% | 96.12% |
| Others | 77.75% | 72.16% | 62.62% | 50.2% | 5.68% | 5.38% | 5.39% | 4.53% | 3.79% | 2.79% | 2.45% | 3.47% |
| No. of Shareholders | 8078 | 9354 | 9888 | 12925 | 47347 | 44629 | 44633 | 45999 | 45581 | 45046 | 44090 | 43458 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 5 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 6.2 | Sell |
| EMA (10) | 6.2 | Sell |
| SMA (20) | 6.2 | Sell |
| EMA (20) | 6.28 | Sell |
| SMA (50) | 6.77 | Sell |
| EMA (50) | 6.87 | Sell |
| SMA (100) | 8.51 | Sell |
| EMA (100) | 7.5 | Sell |
| SMA (200) | 7.92 | Sell |
| EMA (200) | 8.08 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 36.86 | Neutral |
| MACD (12,26,9) | -0.17 | Buy |
| Stochastic (14,3,3) | 52.12 | Neutral |
| ADX (14) | 25.49 | Buy |
| Williams %R (14) | -72.73 | Neutral |
| ATR (14) | 0.31 | High Volatility |
| ROC (12) | -1.63 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 52.94 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-07-23 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=879bcab0-2b55-4f80-a9d5-1f0f7b9e4c7d.pdf) |
| 2026-07-13 | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of Tirupati Innovar Limited Held On Today I.E. Monday 13Th July 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b5055ff-63b8-4376-818b-025c30761113.pdf) |
| 2026-07-06 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d5613be-f84d-4143-bea7-e1ac24191089.pdf) |
| 2026-06-24 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9ae4d8b-0e6e-4e51-a250-dbdd4f3f5a9a.pdf) |
| 2026-06-22 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4f2bf12-c1a9-4850-ab73-891303cc080b.pdf) |
| 2026-06-19 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 19Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5551587a-1461-4912-af35-4712aa109f9e.pdf) |
| 2026-06-19 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c034a39-a2d0-415f-a09c-36539d8cd5cb.pdf) |
| 2026-06-19 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e3fda43-ba46-42a0-aadf-e0f6a64a0dc9.pdf) |
| 2026-06-15 | [Board Meeting Intimation for Intimation Of Meeting Of The Board Of Directors Under The Regulation 29 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6449c74-a3c3-4dbd-8fb6-ebdf0f9c8d57.pdf) |
| 2026-06-15 | [Update on board meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=afb46514-6b3a-4749-9020-b512f8a5bd0b.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-06-08 | [Audited Standalone Financial Result For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=389ddf33-f4c4-4ae8-ab10-6dc6731940d2.pdf) |
| 2026-02-13 | [Unaudited Financial Results For The Quarter And Nine Month Ended 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0db0349d-1b20-419d-89a9-f9accf9205b9.pdf) |
| 2025-11-11 | [Result- Unaudited Financial Statement For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed41057d-c6a2-489f-8575-e553adc2f090.pdf) |
| 2025-08-13 | [Unaudited Financial Results Of The Company Along With The Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b560002-c068-4221-b84f-35209ef3055f.pdf) |
| 2025-05-27 | [Company At Their Meeting Held Today I.E. Tuesday 27Th May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=722cda65-a3ad-4cc0-a46a-d51fea7e04c6.pdf) |
| 2025-02-14 | [Un-Audited Financial Results For The Quarter And Ninth Month Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a44cd6f-d32b-4eef-9cf5-6e43e8ca4deb.pdf) |
| 2024-11-14 | [Unaudited Financial Result](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d6bfb04-8c45-4d92-aef8-cd06ed6ab49d.pdf) |
| 2024-08-12 | [Unaudited Financial Results For The Quarter Ended 30.06.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69fa292c-8cf2-48ca-a3ea-1ac5c657e2d2.pdf) |
| 2024-05-27 | [Audited Financial Result As On 31St March 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18c77986-e753-4153-b0e9-bbcb5fabe2a2.pdf) |
| 2024-05-27 | [Outcome Of The Board Meeting Held On May 27, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=956a0d5b-b06a-4ba6-8597-89da944a03e5.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 May - Newspaper Advertisement Relation to Right issue of Tirupati Innovar Limited | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 May - Newspaper Advertisement Relation to Right issue of Tirupati Innovar Limited](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0fc871b3-a0f9-4ef6-b3e9-51b5c298a1de.pdf) |
| 6 Apr - Submitted Reg 74(5) depository compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Reg 74(5) depository compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e34c3a13-21ac-4c62-bcb5-08929e1b4795.pdf) |
| 30 Apr - Corrected rights issue capital: 2.44 crore pre-issue, 7.09 crore post-issue shares. | [Clarification/Correction Under Regulation 30 Of SEBI (LODR) Regulations, 2015 30 Apr - Corrected rights issue capital: 2.44 crore pre-issue, 7.09 crore post-issue shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b48b8a4-9290-43b7-b624-403e8d7d94c7.pdf) |
| 30 Apr - Corrected rights issue capital: 2.44 crore pre-issue, 7.09 crore post-issue shares. | [Clarification/Correction Under Regulation 30 Of SEBI (LODR) Regulations, 2015 30 Apr - Corrected rights issue capital: 2.44 crore pre-issue, 7.09 crore post-issue shares.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5b48b8a4-9290-43b7-b624-403e8d7d94c7.pdf) |
| 28 Apr - Revised rights issue outcome: on-market renunciation date changed to 11 May 2026; issue size remains ₹47 crore. | [Board Meeting Outcome for Revised Outcome Of The Meeting Of The Rights Issue Committee Of Tirupati Innovar Limited Which Is Held On Friday, 24Th April, 2026. 28 Apr - Revised rights issue outcome: on-market renunciation date changed to 11 May 2026; issue size remains ₹47 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6360f592-c44a-4782-8bd1-e30dabf27481.pdf) |
| 28 Apr - Revised rights issue outcome: on-market renunciation date changed to 11 May 2026; issue size remains ₹47 crore. | [Board Meeting Outcome for Revised Outcome Of The Meeting Of The Rights Issue Committee Of Tirupati Innovar Limited Which Is Held On Friday, 24Th April, 2026. 28 Apr - Revised rights issue outcome: on-market renunciation date changed to 11 May 2026; issue size remains ₹47 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6360f592-c44a-4782-8bd1-e30dabf27481.pdf) |
| 25 Apr - Bharat Babubhai Sakariya resigned as Independent Director effective 25 April 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 25 Apr - Bharat Babubhai Sakariya resigned as Independent Director effective 25 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8adb8938-bf03-4b7c-8db0-89bf5f4d840b.pdf) |
| 24 Apr - Committee approved 4.64 crore rights issue at Rs10; record date 30 Apr 2026, opens 7 May. | [Announcement under Regulation 30 (LODR)-Raising of Funds 24 Apr - Committee approved 4.64 crore rights issue at Rs10; record date 30 Apr 2026, opens 7 May.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6f7d2410-4f17-4263-bc3b-b7d95e1494cc.pdf) |
| 23 Feb - Board approved corporate office shift to Ahmedabad (S.F.-204 Devshristi) on 23 February 2026. | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Tirupati Innovar Limited (Formerly Known As Tirupati Tyres Limited) Held On Today I.E. Monday 23Rd February 2026. 23 Feb - Board approved corporate office shift to Ahmedabad (S.F.-204 Devshristi) on 23 February 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35a18d01-018f-44a0-aefe-1d26a0bb58e5.pdf) |
| 2 May - Board appoints Mr. Manjotsingh Oberoi as Additional Non-Executive Non-Independent Director from 2 May 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 2 May - Board appoints Mr. Manjotsingh Oberoi as Additional Non-Executive Non-Independent Director from 2 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49e9f896-7973-49f9-952c-eeb194cc18de.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8a35887-1db1-4f53-8206-695e72e478ac.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89b48b5f-2046-4737-8ac9-bbb918b23666.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd54c7c0-0acb-4a02-b4c6-127df452b24d.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539040/76917539040.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539040/72292539040.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539040/66715539040.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539040/5390400319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539040/5390400318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539040/5390400317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539040/5390400316.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 2026-09-13T19:17:18.727Z.