---
title: "Kuber Udyog Ltd (539408) — Share Price, Financials & Analysis"
symbol: "539408"
company: "Kuber Udyog Ltd"
canonical: "https://tapetide.com/stocks/539408"
isin: "INE594R01018"
nse_symbol: "KUBERUDYOGLTD"
bse_code: "539408"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 16.57
generated_at: "2026-09-13T20:38:31.976Z"
---

# Kuber Udyog Ltd (539408)

Canonical page: https://tapetide.com/stocks/539408

## Company

- **NSE Symbol:** KUBERUDYOGLTD
- **BSE Code:** 539408
- **ISIN:** INE594R01018
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2016-03-29
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** kuberudyog.com

## About

Incorporated in 1982, Kuber Udyog Ltd is engaged in NBFC(Non-Deposit taking) activities.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:27.809115Z.

- **Market Cap:** ₹16.57 Cr
- **Classification:** Microcap
- **P/E (reported):** 28
- **EPS (TTM):** ₹1.81
- **EPS (reported):** ₹0.42
- **Book Value:** ₹12.33
- **Price to Book:** 4.04
- **Dividend Yield:** 0%
- **ROE:** 11.38%
- **ROCE:** 12.69%
- **Debt to Equity:** 0.54
- **Revenue (yearly):** ₹1.5 Cr
- **Net Income:** ₹0.5 Cr
- **EBITDA:** ₹0.5 Cr
- **52-Week High:** ₹56.22
- **52-Week Low:** ₹10.51
- **RSI (14):** 64.49

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 77.84 | 9% |
| growth | 98.65 | 9% |
| momentum | 98.9 | 12% |
| ownership | 54.34 | 24% |
| quality | 47.68 | 22% |
| valuation | 35.47 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company's working capital requirements have reduced from 93.3 days to 74.4 days

### Weaknesses

- Stock is trading at 3.98 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.35% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 112.5% | 128.57% | 104.76% |
| ebitda margin growth | 200% | -43.78% | -39.78% | 486.82% |
| net income growth | -33.33% | — | 100% | 28% |
| revenue growth | -70% | 275% | 36% | 43% |
| roce | — | 77.23% | 44.04% | 7.49% |
| roe | — | — | 4.97% | -303.58% |

## 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 | 0.13 | 0.16 | 0.11 | 0.16 | 0.11 | 0.12 | 0.1 | 0.25 | 0.15 | 0.18 | 0.99 | 0.34 |
| Expenses | 0.04 | 0.07 | 0.05 | 0.04 | 0.05 | 0.05 | 0.13 | 0.1 | 0.05 | 0.05 | 0.86 | 0.05 |
| Financing Profit | 0.03 | 0.03 | 0 | 0.06 | 0 | 0.01 | -0.03 | 0.09 | 0.05 | 0.09 | 0.13 | 0.29 |
| Financing Margin % | 23.08 | 18.75 | 0 | 37.5 | 0 | 8.33 | -30 | 36 | 33.33 | 50 | 13.13 | 85.29 |
| Other Income | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0 |
| Interest | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0 | 0.06 | 0.05 | 0.04 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.03 | 0.03 | 0.01 | 0.06 | 0 | 0.01 | -0.03 | 0.09 | 0.05 | 0.1 | 0.14 | 0.29 |
| Tax % | -33.33 | 66.67 | -200 | 0 | — | 100 | 33.33 | 0 | 0 | 0 | -71.43 | 24.14 |
| Net Profit | 0.03 | 0.02 | 0.03 | 0.06 | 0 | 0 | -0.04 | 0.09 | 0.05 | 0.1 | 0.25 | 0.22 |
| EPS in Rs | 0.09 | 0.06 | 0.09 | 0.17 | 0 | 0 | -0.12 | 0.26 | 0.15 | 0.29 | 0.73 | 0.64 |

### 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 | 0.91 | 1.1 | 0.85 | 0.25 | 0.43 | 0.6 | 0.56 | 0.43 | 1.52 | 1.66 |
| Expenses | 0.69 | 1.16 | 1.1 | 0.55 | 0.5 | 0.52 | 0.23 | 0.16 | 1.01 | 1.01 |
| Financing Profit | 0.22 | -0.06 | -0.25 | -0.34 | -0.3 | -0.15 | 0.1 | 0.04 | 0.35 | 0.56 |
| Financing Margin % | 24.18 | -5.45 | -29.41 | -136 | -69.77 | -25 | 17.86 | 9.3 | 23.03 | 33.73 |
| Other Income | 0 | 0 | 0 | 0 | 0.1 | 0.21 | 0 | 0 | 0.03 | 0.02 |
| Interest | 0 | 0 | 0 | 0.04 | 0.23 | 0.23 | 0.23 | 0.23 | 0.16 | 0.09 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.22 | -0.06 | -0.25 | -0.34 | -0.2 | 0.06 | 0.1 | 0.04 | 0.38 | 0.58 |
| Tax % | 27.27 | 0 | 0 | 0 | 0 | 0 | 0 | 25 | -26.32 | — |
| Net Profit | 0.16 | -0.06 | -0.25 | -0.34 | -0.2 | 0.06 | 0.1 | 0.03 | 0.48 | 0.62 |
| EPS in Rs | 0.47 | -0.17 | -0.73 | -0.99 | -0.58 | 0.17 | 0.29 | 0.09 | 1.4 | 1.81 |
| 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 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 | 3.43 |
| Reserves | 0.81 | 0.98 | 0.92 | 0.67 | 0.33 | 0.13 | 0.19 | 0.29 | 0.32 | 0.8 |
| Borrowing | 0 | 0 | 0.05 | 0 | 2.59 | 2.8 | 3 | 3.21 | 3.42 | 0.92 |
| Other Liabilities | 0.56 | 0.65 | 0.02 | 0.56 | 0.06 | 0.06 | 0.02 | 0.03 | 0.03 | 0.03 |
| Total Liabilities | 4.8 | 5.06 | 4.42 | 4.66 | 6.41 | 6.42 | 6.64 | 6.96 | 7.2 | 5.18 |
| Fixed Assets | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.17 | 0 | 0 | 0 | 0 | 0.61 | 0.09 | 0.2 | 0.21 | 0.23 |
| Other Assets | 4.62 | 5.06 | 4.42 | 4.66 | 6.41 | 5.81 | 6.55 | 6.76 | 6.99 | 4.95 |
| Total Assets | 4.8 | 5.06 | 4.42 | 4.66 | 6.41 | 6.42 | 6.64 | 6.96 | 7.2 | 5.18 |

### 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 | 0.53 | -0.03 | -0.36 | -0.24 | -0.16 | -0.42 | -0.03 | -0.07 | -0.16 | 0.02 |
| Cash from Investing Activity | 0.82 | -1.15 | 0.08 | 0.4 | -1.2 | -0.9 | 0.23 | 0.09 | 0.02 | 2.84 |
| Cash from Financing Activity | 0 | 0 | 0.05 | -0.05 | 2.55 | -0.02 | -0.02 | -0.02 | -0.02 | -2.66 |
| Net Cash Flow | 1.36 | -1.19 | -0.23 | 0.1 | 1.18 | -1.34 | 0.18 | 0 | -0.17 | 0.2 |
| Free Cash Flow | 0.53 | -0.03 | -0.36 | -0.24 | -0.16 | -0.42 | -0.03 | -0.07 | -0.16 | 0.02 |
| CFO/OP | 387 | 5 | 583 | 92 | 53 | 557 | 12 | -12 | -52 | 12 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 2.38 | 3.7 | -1.37 | -5.92 | -8.65 | -5.46 | 1.67 | 2.72 | 0.8 | 12.03 |

## 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% | 14.44% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.29% | 0.29% | 0.29% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 87.72% | 89.51% | 90.53% | 88.64% | 91.18% | 93.41% | 93.36% | 93.22% | 93.47% | 94.05% | 94.18% | 80.77% |
| Others | 12.28% | 10.49% | 9.47% | 11.36% | 8.82% | 6.59% | 6.64% | 6.78% | 6.53% | 5.66% | 5.53% | 4.49% |
| No. of Shareholders | 1503 | 1910 | 2485 | 2568 | 3320 | 3491 | 3446 | 3408 | 3401 | 3360 | 3314 | 3218 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 51.3 | Sell |
| EMA (10) | 49.74 | Sell |
| SMA (20) | 47.37 | Buy |
| EMA (20) | 46.17 | Buy |
| SMA (50) | 32.69 | Buy |
| EMA (50) | 37.13 | Buy |
| SMA (100) | 28.1 | Buy |
| EMA (100) | 30.18 | Buy |
| SMA (200) | 20.82 | Buy |
| EMA (200) | 24.51 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 62.32 | Neutral |
| MACD (12,26,9) | 5.33 | Sell |
| Stochastic (14,3,3) | 44.29 | Neutral |
| ADX (14) | 40.38 | Buy |
| Williams %R (14) | -69.29 | Neutral |
| ATR (14) | 2.72 | High Volatility |
| ROC (12) | 0.86 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 62.55 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08f89325-ee57-4bbd-b893-510d0841333b.pdf) |
| 2026-09-05 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea258b60-518e-47b2-bdfb-ba0500253bd9.pdf) |
| 2026-08-21 | [Draft Letter of Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5C244E64-A261-46D9-875E-458546031447-191138.pdf) |
| 2026-08-14 | [Detailed Public Statement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3E3A8889-439E-42D6-8B63-0EC9CEEE43B7-143849.pdf) |
| 2026-08-13 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5489ead9-aab2-4c53-9a32-0fb7bc6acfdc.pdf) |
| 2026-08-13 | [Notice Of 44Th Annual General Meeting Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7998eb5a-2d60-4e2f-9db4-64cde024e278.pdf) |
| 2026-08-07 | [Board Meeting Outcome for Meeting Held On August 7 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50727f8f-4934-4787-9a77-8b966a6f40c2.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3f74d46-e5fd-4fb6-aec5-e57d1f3ef51e.pdf) |
| 2026-08-07 | [Open Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f203b01-de36-4d68-9255-ac4da406315e.pdf) |
| 2026-08-07 | [Public Announcement - Open Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2DA806C4-6773-463C-9661-ED9108154EC2-215427.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-23 | [Un-Audited Financial Results Of The Company For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af5aefa9-4fa4-4d5b-9410-e5c31b6209a0.pdf) |
| 2026-05-30 | [Audited Standalone Financial Results Of The Company For The Quarter And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1cd9251-9cfc-415a-b79f-95db68e58985.pdf) |
| 2026-02-05 | [Un-Audited Financial Results For Quarter And Nine Months Ended On December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3bd4728-e921-4975-90ce-00678f502e60.pdf) |
| 2025-11-15 | [Revised Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae11f2ad-fb15-4f45-b634-a4ede81d7c1d.pdf) |
| 2025-11-10 | [Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 Alongwith Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aedfdce0-608f-4f09-bf58-e2da66761283.pdf) |
| 2025-08-12 | [Un-Audited Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=254378eb-47e4-412a-a1f8-463825ac6f06.pdf) |
| 2025-05-30 | [Financial Results For The Year Ended 31St March2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a2b49435-f4ed-43dc-ba61-3231a43a1e3f.pdf) |
| 2025-02-07 | [Financial Results For Quarter Ended 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c34b64dd-0234-43f8-a69b-a09fb8ff7aee.pdf) |
| 2024-11-07 | [Unaudited Financial Results For The Quarter And Half Year Ended 30Th September,2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0a81dd1-399c-42f8-837b-b196c0cf3425.pdf) |
| 2024-08-10 | [Financial Results For Quarter Ended 30Th June, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c81b7aa-90cb-4954-8e64-fbf938cd1135.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f33cba41-dafe-4e4d-bf45-2bf51eab1c71.pdf) |
| 8 Apr - Annual Secretarial Compliance Report not applicable for FY2025-26 due to low paid-up capital and net worth. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 8 Apr - Annual Secretarial Compliance Report not applicable for FY2025-26 due to low paid-up capital and net worth.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec181809-d160-4d4d-9ed6-dd80e215fee7.pdf) |
| 6 Feb - Newspaper Publication of Un-Audited Standalone Financial Results for the quarter and nine months ended on December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Newspaper Publication of Un-Audited Standalone Financial Results for the quarter and nine months ended on December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8d5cf1c6-4890-4688-9a19-78fe31a4c6d6.pdf) |
| 5 January 2026 - Certificate under Reg.74(5) for quarter ended 31 Dec 2025: no physical share certificates received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 5 January 2026 - Certificate under Reg.74(5) for quarter ended 31 Dec 2025: no physical share certificates received.](https://nsearchives.nseindia.com/corporate/NIRAJISPAT_05012026171712_74_5_NIRAJ_DECEMBER2025.pdf) |
| 5 Feb - Board approved unaudited Q3 and nine-month results for period ended Dec 31, 2025; limited review attached. | [Un-Audited Financial Results For Quarter And Nine Months Ended On December 31, 2025. 5 Feb - Board approved unaudited Q3 and nine-month results for period ended Dec 31, 2025; limited review attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d3bd4728-e921-4975-90ce-00678f502e60.pdf) |
| 5 Feb - Board approved unaudited Q3 (ended 31-Dec-2025) results: Q3 PAT Rs10.08 lakh; 9M PAT Rs23.69 lakh; limited review clean report. | [Board Meeting Outcome for Un-Audited Financial Results For Quarter And Nine Months Ended On December 31, 2025. 5 Feb - Board approved unaudited Q3 (ended 31-Dec-2025) results: Q3 PAT Rs10.08 lakh; 9M PAT Rs23.69 lakh; limited review clean report.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7b54f51-977d-452a-96c3-0ffe1cf38d26.pdf) |
| 4 May - Richa Dani resigned as Non-Executive Independent Director effective May 4, 2026, citing personal reasons. | [Announcement under Regulation 30 (LODR)-Change in Management 4 May - Richa Dani resigned as Non-Executive Independent Director effective May 4, 2026, citing personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e944ed3-c177-49d2-bdea-42d71e63ff8b.pdf) |
| 4 May - Richa Dani resigned as Non-Executive Independent Director effective May 4, 2026, citing personal reasons. | [Announcement under Regulation 30 (LODR)-Change in Management 4 May - Richa Dani resigned as Non-Executive Independent Director effective May 4, 2026, citing personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4e944ed3-c177-49d2-bdea-42d71e63ff8b.pdf) |
| 4 May - Mrs. Richa Dani resigned as Independent Director effective May 4, 2026 due to personal reasons. | [Announcement under Regulation 30 (LODR)-Resignation of Director 4 May - Mrs. Richa Dani resigned as Independent Director effective May 4, 2026 due to personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa68644d-9bb8-4189-9880-7952b5ac3f88.pdf) |
| 4 May - Mrs. Richa Dani resigned as Independent Director effective May 4, 2026 due to personal reasons. | [Announcement under Regulation 30 (LODR)-Resignation of Director 4 May - Mrs. Richa Dani resigned as Independent Director effective May 4, 2026 due to personal reasons.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fa68644d-9bb8-4189-9880-7952b5ac3f88.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/AR_28305_NIRAJISPAT_2024_2025_A_5432209_03092025175047.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/AR_24941_NIRAJISPAT_2023_2024_1408202415579.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23739_NIRAJISPAT_2022_2023_07092023150757_09072023160017.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20908_NIRAJISPAT_2021_2022_27082022171605_08272022180004.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19772_NIRAJISPAT_2020_2021_09092021002518_09092021070012.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17676_NIRAJISPAT_2019_2020_09092020025637_09092020070005.zip) |
| from nse | [Financial Year 2019 from nse](https://archives.nseindia.com/annual_reports/AR_15756_NIRAJISPAT_2018_2019_04092019183858_04092019190018.zip) |
| from nse | [Financial Year 2018 from nse](https://archives.nseindia.com/annual_reports/AR_14078_NIRAJISPAT_2017_2018_05102018113749.zip) |
| from nse | [Financial Year 2017 from nse](https://archives.nseindia.com/annual_reports/AR_11271_NIRAJISPAT_2016_2017_02092017180438.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5489ead9-aab2-4c53-9a32-0fb7bc6acfdc.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 2026-09-13T20:38:31.976Z.