---
title: "Paul Merchants Ltd (539113) — Share Price, Financials & Analysis"
symbol: "539113"
company: "Paul Merchants Ltd"
canonical: "https://tapetide.com/stocks/539113"
isin: "INE291E01019"
nse_symbol: "PML"
bse_code: "539113"
sector: "Financial Services"
industry: "Other Financial Services"
market_cap_cr: 148.65
generated_at: "2026-09-13T20:37:50.105Z"
---

# Paul Merchants Ltd (539113)

Canonical page: https://tapetide.com/stocks/539113

## Company

- **NSE Symbol:** PML
- **BSE Code:** 539113
- **ISIN:** INE291E01019
- **Sector:** Financial Services
- **Industry:** Other Financial Services
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-04-22
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** paulmerchants.net

## About

Paul Merchants Ltd is a Chandigarh-operated financial-services group active since 1984. The parent is an RBI-authorised AD Category-II foreign-exchange and cross-border-payments intermediary offering travel and money-transfer services, while subsidiaries house lending, real estate and IT operations. Its shares are listed on BSE and permitted to trade on NSE under PML. [1] [2]

## Latest Price

- **Price:** ₹482.45
- **Change:** -4.3 (-0.88%)
- **Open:** ₹499
- **Day High:** ₹499
- **Day Low:** ₹482
- **Previous Close:** ₹486.75
- **Volume:** 301
- **As Of:** 2026-09-11T10:01:43+00:00

## Key Fundamentals

Observed at 2026-09-11T04:36:43.455685Z.

- **Market Cap:** ₹148.65 Cr
- **Classification:** Microcap
- **P/E (reported):** -15.3
- **EPS (TTM):** ₹-31.8
- **Book Value:** ₹2909.44
- **Price to Book:** 0.17
- **Dividend Yield:** 0%
- **ROE:** 1.01%
- **ROCE:** 2.19%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹2114.4 Cr
- **Net Income:** ₹9.1 Cr
- **EBITDA:** ₹25.3 Cr
- **52-Week High:** ₹645
- **52-Week Low:** ₹451.55
- **RSI (14):** 46.93

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Falling
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 64.86 | 9% |
| growth | 30.09 | 9% |
| momentum | 48.5 | 12% |
| ownership | 50 | 24% |
| quality | 58.67 | 22% |
| valuation | 77.14 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.17 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -7.05% over past five years.
- Company has a low return on equity of -20.0% over last 3 years.
- Contingent liabilities of Rs.52.2 Cr.
- Earnings include an other income of Rs.17.0 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -8% | 404.67% | — |
| ebitda margin growth | 155.17% | — | 566.67% | -6.98% |
| net income growth | 286.96% | -173.98% | -605.56% | -77.36% |
| revenue growth | 0.1% | -36.65% | -33% | -7% |
| roce | 227.47% | -471.19% | 93.81% | 5.93% |
| roe | 289.08% | -151.79% | -0.42% | -88.27% |

## 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 | 1839.25 | 2090.4 | 853.88 | 1015.9 | 986.28 | 750.04 | 582.46 | 493.3 | 593.41 | 504.79 | 482.12 | 480.77 |
| Expenses | 1809.89 | 2057.63 | 859.54 | 1016.37 | 987.5 | 752.69 | 585.43 | 497.46 | 601.15 | 507.95 | 482.54 | 476.31 |
| Operating Profit | 29.36 | 32.77 | -5.66 | -0.47 | -1.22 | -2.65 | -2.97 | -4.16 | -7.74 | -3.16 | -0.42 | 4.46 |
| OPM % | 1.6 | 1.57 | -0.66 | -0.05 | -0.12 | -0.35 | -0.51 | -0.84 | -1.3 | -0.63 | -0.09 | 0.93 |
| Other Income | 1.53 | 3.03 | 17.05 | 15.66 | 19.6 | 21.82 | 21.07 | 293.82 | 7.38 | -6.92 | 6.18 | 10.39 |
| Interest | 10.15 | 11.48 | 0.69 | 0.28 | 0.66 | 0.49 | 0.53 | 0.53 | 0.24 | 0.16 | 0.16 | 0.17 |
| Depreciation | 1.35 | 1.65 | 1.56 | 0.73 | 1.05 | 0.96 | 1.07 | 0.83 | 1.42 | 1.61 | 1.61 | 1.26 |
| Profit before tax | 19.39 | 22.67 | 9.14 | 14.18 | 16.67 | 17.72 | 16.5 | 288.3 | -2.02 | -11.85 | 3.99 | 13.42 |
| Tax % | 25.06 | 24.61 | -2.08 | 6.14 | 3.42 | -0.06 | -1.15 | 0.29 | 227.72 | 21.43 | 41.6 | 33.68 |
| Net Profit | 14.53 | 17.09 | 9.34 | 13.32 | 16.1 | 17.72 | 16.69 | 287.46 | -6.61 | -14.4 | 2.29 | 8.91 |
| EPS in Rs | 46.87 | 55.42 | 30.29 | 43.19 | 52.2 | 57.46 | 54.12 | 932.1 | -21.43 | -46.69 | 7.43 | 28.89 |

### 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 | 4553 | 4928 | 5405 | 3041 | 5367 | 7012 | 6506 | 3336 | 2110 | 2061 |
| Expenses | 4529 | 4901 | 5363 | 2991 | 5300 | 6929 | 6497 | 3343 | 2089 | 2068 |
| Operating Profit | 25 | 27 | 42 | 51 | 68 | 83 | 9 | -7 | 21 | -7 |
| OPM % | 0.5 | 0.5 | 0.8 | 1.7 | 1.3 | 1.2 | 0.1 | -0.2 | 1 | -0.3 |
| Other Income | 201 | 2 | 0 | 1 | 1 | 1 | 59 | 78 | 264 | 17 |
| Interest | 2 | 1 | 2 | 5 | 11 | 20 | 2 | 2 | 1 | 1 |
| Depreciation | 4 | 3 | 3 | 3 | 3 | 4 | 3 | 4 | 5 | 6 |
| Profit before tax | 220 | 24 | 36 | 44 | 54 | 60 | 62 | 65 | 278 | 4 |
| Tax % | 3 | 8 | 26 | 23 | 26 | 26 | 12 | 2 | 3 | — |
| Net Profit | 214 | 22 | 26 | 33 | 40 | 44 | 55 | 64 | 269 | -10 |
| EPS in Rs | 688.58 | 71.23 | 85.06 | 107.9 | 129.58 | 141.97 | 177.14 | 207 | 871.4 | -31.8 |
| Dividend Payout % | 0 | 0 | 1 | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 |
| Reserves | 148 | 363 | 366 | 392 | 426 | 466 | 510 | 562 | 626 | 894 |
| Borrowings | 18 | 22 | 17 | 33 | 80 | 132 | 307 | 493 | 24 | 10 |
| Other Liabilities | 60 | 87 | 21 | 29 | 29 | 51 | 72 | 98 | 935 | 32 |
| Total Liabilities | 228 | 473 | 405 | 455 | 535 | 649 | 890 | 1156 | 1587 | 940 |
| Fixed Assets | 50 | 76 | 76 | 64 | 63 | 63 | 67 | 72 | 62 | 135 |
| CWIP | 1 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 |
| Investments | 9 | 123 | 99 | 55 | 37 | 30 | 24 | 22 | 2 | 306 |
| Other Assets | 167 | 274 | 231 | 336 | 434 | 555 | 799 | 1063 | 1523 | 499 |
| Total Assets | 228 | 473 | 405 | 455 | 535 | 649 | 890 | 1156 | 1587 | 940 |

### 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 | 18 | -276 | 13 | -83 | -69 | -38 | -154 | -135 | 448 | 412 |
| Cash from Investing Activity | 1 | 241 | -25 | 73 | 23 | 6 | 0 | -5 | 17 | -387 |
| Cash from Financing Activity | -5 | 2 | -6 | 13 | 42 | 41 | 155 | 143 | -471 | -14 |
| Net Cash Flow | 14 | -34 | -18 | 4 | -4 | 9 | 2 | 3 | -6 | 11 |
| Free Cash Flow | 15 | -41 | 10 | -76 | -71 | -41 | -162 | -146 | 444 | 403 |
| CFO/OP | 393 | -857 | 66 | -178 | -115 | -36 | -167 | -1273 | -6754 | 2196 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Inventory Days | 1 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 4 |
| Days Payable | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Cash Conversion Cycle | 2 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 5 |
| Working Capital Days | -1 | 3 | 12 | 20 | 47 | 33 | 36 | 52 | 1 | 33 |
| ROCE % | 11 | 80 | 6 | 10 | 10 | 12 | 11 | -5 | -10 | -31 |

## 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 | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% | 74.65% |
| FIIs | 0% | 0% | 0% | 0% | 0.22% | 0.22% | 0.16% | 0.16% | 0.16% | 0.16% | 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 | 23.31% | 23.08% | 23.55% | 23.53% | 23.39% | 23.69% | 23.72% | 23.74% | 23.83% | 23.8% | 23.79% | 23.66% |
| Others | 2.04% | 2.27% | 1.79% | 1.82% | 1.73% | 1.43% | 1.47% | 1.45% | 1.35% | 1.39% | 1.56% | 1.68% |
| No. of Shareholders | 2758 | 3152 | 3950 | 4128 | 4273 | 4402 | 4457 | 4419 | 4368 | 4316 | 4255 | 4237 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 488.06 | Sell |
| EMA (10) | 487.71 | Sell |
| SMA (20) | 491.51 | Sell |
| EMA (20) | 490.15 | Sell |
| SMA (50) | 490.36 | Sell |
| EMA (50) | 495.21 | Sell |
| SMA (100) | 514.19 | Sell |
| EMA (100) | 509.15 | Sell |
| SMA (200) | 537.84 | Sell |
| EMA (200) | 550.78 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.7 | Neutral |
| MACD (12,26,9) | -2.71 | Sell |
| Stochastic (14,3,3) | 28.2 | Neutral |
| ADX (14) | 8.17 | Neutral |
| Williams %R (14) | -80.39 | Buy |
| ATR (14) | 19.07 | High Volatility |
| ROC (12) | -3.44 | Sell |
| Stoch RSI (14) | 4.33 | Buy |
| UO (7,14,28) | 32.65 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-24 | [Intimation Of Book Closure For The Purpose Of Annual General Meeting For The Financial Year Ended 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=129ff0f0-c8ce-459f-ab15-d08dedc72dac.pdf) |
| 2026-08-21 | [Notice Of 42Nd Annual General Meeting And E-Voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5511b59d-9e70-44de-9599-df2b6ab38437.pdf) |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=584d4f79-1ea3-451c-b757-11ec346ca9c0.pdf) |
| 2026-08-20 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b69d81a-88d1-4454-a2de-7f51be2429f6.pdf) |
| 2026-08-20 | [42Nd Annual General Meeting - 18.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9925f3a3-e5b4-463f-bc0a-5c9181402ea3.pdf) |
| 2026-08-20 | [Intimation Of Dispatch Of Letters To Shareholders Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12504f54-d9c7-4335-9257-30eca6e52bbc.pdf) |
| 2026-08-20 | [Dispatch Of Notice Of 42Nd Annual General Meeting Of The Company To The Shareholders](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d4f2785-f463-49b0-ad7b-5934276ac2f8.pdf) |
| 2026-08-18 | [INTIMATION OF ANNUAL GENERAL MEETING EVOTING AND BOOK CLOSURE FOR THE FINANCIAL YEAR 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ce23e51-62f4-4d07-9ac4-d45e9c873c3b.pdf) |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb2c3000-b5f7-49dd-bbe6-e249d7fd244b.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3fb8fce-3413-4fea-944e-cff8358b14da.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Standalone As Well As Consolidated Unaudited Financial Results Along With Segment Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecfb66d5-ba2b-4380-aa05-b28566687ac1.pdf) |
| 2026-05-27 | [Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31.03.2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb4eeb4a-fb75-4cfc-84db-a260b2dffdbe.pdf) |
| 2025-05-26 | [Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31.03.2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ea0fe62-5341-4fc1-a338-0a88be7c297b.pdf) |
| 2025-02-13 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=769855ed-f473-49b9-8f15-8dee58fa1c41.pdf) |
| 2024-11-13 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8781da1-0be1-4e96-8f2b-0e43566160b3.pdf) |
| 2024-08-13 | [Un-Audited Financial Results For The Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e572372-f2a2-4698-bb4f-fa4516318cb1.pdf) |
| 2024-05-16 | [Financial Results - Quarter And Year Ended 31/03/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db2b248e-3b37-417f-8876-753a5a82a748.pdf) |
| 2024-02-13 | [Financial Results For The Quarter And Nine Months Ended 31.12.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa28491c-c778-44cf-982e-28a0402c31f2.pdf) |
| 2023-11-09 | [Standalone And Consolidated Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ee316e6-faa4-46ca-ae2e-ffd861f5f121.pdf) |
| 2023-05-23 | [Results- Standalone As Well As Consolidated Audited Financial Results For The Quarter And Financial Year Ended March 31, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d355f708-7d50-495a-85c0-71b4728da9f2.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Paul Merchants confirms it is not a Large Corporate as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 9h - Paul Merchants confirms it is not a Large Corporate as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4640ed90-7ec6-4f14-adf1-a776e161e133.pdf) |
| 9 Apr - Regulation 74(5) certificate for quarter ended March 31, 2026; no demat requests received. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) certificate for quarter ended March 31, 2026; no demat requests received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/679d7c82-5110-49cb-8cb6-0990869bbd0b.pdf) |
| 8h - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be held on March 2, 2026 with Balyasny Asset Management | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8h - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be held on March 2, 2026 with Balyasny Asset Management](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4ad0e415-b969-43ba-aa78-1a55691fdeff.pdf) |
| 8h - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be held on February 26, 2026 with HDFC Mutual Fund | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8h - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be held on February 26, 2026 with HDFC Mutual Fund](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7689cacb-ffdc-49bf-8bfc-2b34ebcfc862.pdf) |
| 8h - Info Edge schedules one-on-one investor meetings on Feb 26 and Mar 2, 2026; attendees Vineet Ranjan, Hitesh Oberoi. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8h - Info Edge schedules one-on-one investor meetings on Feb 26 and Mar 2, 2026; attendees Vineet Ranjan, Hitesh Oberoi.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4f8dc449-2d7f-4cba-bc3f-871ed8d8d113.pdf) |
| 8h - Info Edge schedules one-on-one investor meetings Feb 26 and Mar 2, 2026; attendees Vineet Ranjan, Hitesh Oberoi. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8h - Info Edge schedules one-on-one investor meetings Feb 26 and Mar 2, 2026; attendees Vineet Ranjan, Hitesh Oberoi.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cd42de8e-e8c9-455a-a70f-29c722c8a583.pdf) |
| 8h - Info Edge schedules one-on-one investor meetings Feb 26 and Mar 2, 2026 with multiple institutional investors. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8h - Info Edge schedules one-on-one investor meetings Feb 26 and Mar 2, 2026 with multiple institutional investors.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/aaf3a8e8-2ba0-4a23-8d37-74510dff761e.pdf) |
| 7m - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be held on March 17, 2026 with Newton Investment Management | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7m - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be held on March 17, 2026 with Newton Investment Management](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fd037b18-f50c-4ed8-b0db-cf2e9670ea12.pdf) |
| 5m - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be held on March 17, 2026 with Moon Capital | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5m - Schedule of the proposed Analyst/Institutional Investors meet under the SEBI (LODR) Regulations, 2015 to be held on March 17, 2026 with Moon Capital](https://www.bseindia.com/xml-data/corpfiling/AttachLive/89f0c9bf-7910-4fb1-96bb-3e122f39daec.pdf) |
| 5h - SIHL transferred 50.94% of Gramophone to Unnati for INR91.71cr; SIHL invested INR35cr; now holds 20.53%. | [Company Update On Transfer Of Entire Stake Held In Agstack Technologies Private Limited By Startup Investments (Holding) Limited (SIHL), A Wholly-Owned Subsidiary Of The Company To Akshamaala Solutions Private Limited Along With Investment By SIHL By Way Of Primary Infusion In Unnati 5h - SIHL transferred 50.94% of Gramophone to Unnati for INR91.71cr; SIHL invested INR35cr; now holds 20.53%.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f648becf-6f85-4ea9-9b93-31eca02b95f3.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c947fc1d-05de-4704-83f1-67ee03994ba4.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8fb59b14-b778-4db5-bd58-c94a1d995586.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/803bb141-3093-4604-884a-07b22b873b3e.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bfe54e4e-a9fe-4e45-8d70-50898970846f.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/14ef2951-0ac2-4e9e-85ad-694785d3ec7f.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf074e35-1eb3-4bc6-a93f-1cea96c8907e.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fe67ae0d-d3dd-4f50-a6d1-85bc8c0723d3.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a195232e-629e-4049-92ae-029080af0ee1.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/94d8a6e8-0ffa-4aca-8036-0f6ec1698c7c.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8359d4c-47d4-4456-a314-038249d9c389.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a955658b-6759-4a11-b62b-4de43f5540e2.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6262e303-c576-41c0-b9ff-ea866aaa9244.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e8272b8-c8e1-4090-b74f-e0081127cc5b.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd0404bb-57ad-42f1-9512-7939e0316238.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae474b1f-f917-420f-8757-0ffb6a2ccb2c.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/218b4d94-2760-482f-a87d-b83e6bb36875.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532777/74047532777.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539113/75828539113.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532777/69241532777_30_08_21.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539113/70478539113.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 2026-09-13T20:37:50.105Z.