---
title: "Aarnav Fashions Ltd (539562) — Share Price, Financials & Analysis"
symbol: "539562"
company: "Aarnav Fashions Ltd"
canonical: "https://tapetide.com/stocks/539562"
isin: "INE750R01016"
nse_symbol: "AARNAV"
bse_code: "539562"
sector: "Textiles"
industry: "Textile Trading"
market_cap_cr: 126.72
generated_at: "2026-09-13T20:00:00.512Z"
---

# Aarnav Fashions Ltd (539562)

Canonical page: https://tapetide.com/stocks/539562

## Company

- **NSE Symbol:** AARNAV
- **BSE Code:** 539562
- **ISIN:** INE750R01016
- **Sector:** Textiles
- **Industry:** Textile Trading
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2018-10-03
- **CEO:** Mr. Champalal Gopiram Agarwal
- **Employees:** 162
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** aarnavgroup.com

## About

Established in February 1983, Aarnav Fashions Ltd is an Ahmedabad-based textile processor engaged in bleaching, dyeing, printing and finishing fabrics used in suiting, shirting and women’s and children’s apparel. It also sells and trades fabric and undertakes job work from its Narol processing facility.[1][2]

## Latest Price

- **Price:** ₹30.56
- **Change:** -0.75 (-2.4%)
- **Open:** ₹29.78
- **Day High:** ₹30.87
- **Day Low:** ₹29.75
- **Previous Close:** ₹31.31
- **Volume:** 10028
- **As Of:** 2026-09-11T09:57:11+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:33.923956Z.

- **Market Cap:** ₹126.72 Cr
- **Classification:** Microcap
- **P/E (reported):** 14.3
- **P/E (TTM):** 14.15
- **EPS (TTM):** ₹2.16
- **Book Value:** ₹46.54
- **Price to Book:** 0.66
- **Dividend Yield:** 1.6%
- **ROE:** 4.95%
- **ROCE:** 10.17%
- **Debt to Equity:** 0.56
- **Revenue (yearly):** ₹462.4 Cr
- **Net Income:** ₹8.43 Cr
- **EBITDA:** ₹30.06 Cr
- **52-Week High:** ₹37.4
- **52-Week Low:** ₹21
- **RSI (14):** 47.24

## Tapetide Score

- **Score:** 55 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 70.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 39.38 | 9% |
| growth | 64.24 | 9% |
| momentum | 90.69 | 12% |
| ownership | 50 | 24% |
| quality | 60.89 | 22% |
| valuation | 66.63 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.66 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 4.36% over last 3 years.
- Promoter holding has decreased over last 3 years: -5.91%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -21.03% | -43.1% | 143.2% |
| ebitda margin growth | -26.09% | -19.08% | -15.6% | -14.61% |
| net income growth | -46.88% | -8.37% | 177% | 14% |
| revenue growth | -34.94% | 21.68% | 5% | 13% |
| roce | — | 15.18% | 91.53% | 7.81% |
| roe | — | 57.64% | 2.77% | 53.73% |

## 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 | 97.08 | 80.55 | 100.19 | 88.36 | 104.59 | 94.68 | 91.45 | 97.16 | 133.8 | 98.74 | 132.7 | 86.53 |
| Expenses | 90.2 | 73.81 | 91.87 | 81.41 | 97.46 | 84.62 | 86.08 | 90.18 | 126.4 | 91.85 | 123.88 | 79.83 |
| Operating Profit | 6.88 | 6.74 | 8.32 | 6.95 | 7.13 | 10.06 | 5.37 | 6.98 | 7.4 | 6.89 | 8.82 | 6.7 |
| OPM % | 7.09 | 8.37 | 8.3 | 7.87 | 6.82 | 10.63 | 5.87 | 7.18 | 5.53 | 6.98 | 6.65 | 7.74 |
| Other Income | 0.06 | 0.06 | 0.09 | 0.06 | 0.2 | 0.12 | 0.57 | 0.08 | 0.14 | 0.08 | 0.37 | 0.08 |
| Interest | 2.8 | 3.08 | 3.08 | 2.83 | 2.5 | 2.48 | 2.38 | 2.52 | 2.36 | 2.1 | 2.47 | 2.57 |
| Depreciation | 1.71 | 1.88 | 2.33 | 1.79 | 1.93 | 1.96 | 2.33 | 2.01 | 2.01 | 2.01 | 2.14 | 1.95 |
| Profit before tax | 2.43 | 1.84 | 3 | 2.39 | 2.9 | 5.74 | 1.23 | 2.53 | 3.17 | 2.86 | 4.58 | 2.26 |
| Tax % | 25.1 | 25.54 | 26.67 | 25.52 | 25.52 | 24.74 | 20.33 | 24.9 | 24.92 | 35.31 | 29.48 | 25.22 |
| Net Profit | 1.82 | 1.36 | 2.2 | 1.78 | 2.15 | 4.32 | 0.98 | 1.89 | 2.37 | 1.85 | 3.23 | 1.68 |
| EPS in Rs | 0.43 | 0.32 | 0.52 | 0.42 | 0.51 | 1.02 | 0.23 | 0.45 | 0.56 | 0.44 | 0.76 | 0.4 |

### 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 | 1 | 2 | 35 | 249 | 420 | 398 | 359 | 381 | 462 | 452 |
| Expenses | 0 | 1 | 32 | 232 | 388 | 379 | 332 | 352 | 432 | 422 |
| Operating Profit | 0 | 0 | 3 | 17 | 32 | 20 | 27 | 30 | 30 | 30 |
| OPM % | 26 | 16 | 9 | 7 | 8 | 5 | 8 | 8 | 6 | 7 |
| Other Income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 6 | 12 | 11 | 12 | 10 | 9 | 10 |
| Depreciation | 0 | 0 | 0 | 4 | 7 | 8 | 8 | 8 | 8 | 8 |
| Profit before tax | 0 | 0 | 3 | 8 | 13 | 1 | 8 | 12 | 13 | 13 |
| Tax % | 31 | 28 | 24 | 32 | 26 | 60 | 26 | 25 | 29 | — |
| Net Profit | 0 | 0 | 2 | 5 | 9 | 0 | 6 | 9 | 9 | 9 |
| EPS in Rs | 0.4 | 0.6 | 1.55 | 3.55 | 6.21 | 0.09 | 1.33 | 2.19 | 2.21 | 2.16 |
| Dividend Payout % | 0 | 0 | 32 | 40 | 23 | 0 | 38 | 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 | 15 | 42 | 42 | 42 | 42 | 42 | 42 |
| Reserves | 0 | 0 | 1 | 6 | 123 | 131 | 130 | 137 | 144 | 154 |
| Borrowings | 0 | 0 | 0 | 0 | 143 | 153 | 127 | 109 | 100 | 109 |
| Other Liabilities | 0 | 0 | 0 | 12 | 156 | 160 | 119 | 102 | 92 | 92 |
| Total Liabilities | 4 | 4 | 4 | 33 | 464 | 486 | 419 | 391 | 378 | 398 |
| Fixed Assets | 0 | 0 | 0 | 0 | 146 | 139 | 134 | 130 | 125 | 132 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 12 | 12 | 12 | 13 | 14 | 15 |
| Other Assets | 4 | 3 | 4 | 32 | 306 | 336 | 272 | 247 | 239 | 252 |
| Total Assets | 4 | 4 | 4 | 33 | 464 | 486 | 419 | 391 | 378 | 398 |

### 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 | -15 | -58 | 15 | 44 | 32 | 25 | 21 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | -161 | -1 | -3 | -5 | -3 | -16 |
| Cash from Financing Activity | 0 | 0 | 0 | 15 | 223 | -13 | -42 | -27 | -22 | -2 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 4 | 2 | -2 | 0 | 0 | 4 |
| Free Cash Flow | 0 | 0 | 0 | -15 | -208 | 15 | 41 | 28 | 22 | 6 |
| CFO/OP | -93 | 24 | -4 | -461 | -321 | 59 | 225 | 127 | 98 | 87 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 212 | 0 | 323 | 125 | 271 | 149 | 113 | 108 | 95 | 103 |
| Inventory Days | 0 | 0 | 127 | 0 | 161 | 149 | 149 | 167 | 153 | 102 |
| Days Payable | — | — | 127 | — | 165 | 101 | 72 | 64 | 49 | 39 |
| Cash Conversion Cycle | 212 | 0 | 323 | 125 | 266 | 197 | 190 | 211 | 199 | 166 |
| Working Capital Days | 1678 | 1662 | 781 | 212 | 137 | 93 | 64 | 65 | 64 | 76 |
| ROCE % | 4 | 5 | 7 | 25 | 8 | 8 | 4 | 7 | 8 | 8 |

## 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 | 72.44% | 72.44% | 72.44% | 67.72% | 66.53% | 66.53% | 66.53% | 66.53% | 66.53% | 66.53% | 66.53% | 66.53% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 1.67% | 1.67% | 1.76% | 1.76% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.96% | 24.97% | 24.95% | 28.19% | 29.08% | 27.19% | 26.89% | 25.63% | 25.82% | 25.09% | 28.05% | 28.34% |
| Others | 2.6% | 2.59% | 2.61% | 4.1% | 4.39% | 6.27% | 4.91% | 6.17% | 5.89% | 6.62% | 5.42% | 5.13% |
| No. of Shareholders | 37745 | 35709 | 33909 | 31576 | 28730 | 28371 | 27672 | 27419 | 26634 | 26101 | 25652 | 25205 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 5 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 31.9 | Sell |
| EMA (10) | 31.8 | Sell |
| SMA (20) | 32.71 | Sell |
| EMA (20) | 31.98 | Sell |
| SMA (50) | 30.64 | Sell |
| EMA (50) | 30.64 | Sell |
| SMA (100) | 27.3 | Buy |
| EMA (100) | 29.35 | Buy |
| SMA (200) | 28.68 | Buy |
| EMA (200) | 31.56 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.98 | Neutral |
| MACD (12,26,9) | 0.09 | Sell |
| Stochastic (14,3,3) | 26.01 | Neutral |
| ADX (14) | 22.36 | Neutral |
| Williams %R (14) | -83.96 | Buy |
| ATR (14) | 1.96 | High Volatility |
| ROC (12) | -10.38 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 49.69 | 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=78ed0f7b-2c1d-47ad-a388-f6edccae3820.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc275976-f3e2-4ead-b0da-3034090926fa.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe33ab86-3df1-4261-a6ce-11baaf67fda3.pdf) |
| 2026-09-07 | [Notice Of 43Rd Annual General Meeting Of The Company Scheduled To Be Held On September 302026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=13586e6e-74c1-4a25-95e2-dcf803280cdb.pdf) |
| 2026-08-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56f73116-dd8f-4b9e-a4e3-e480c42d6c11.pdf) |
| 2026-07-28 | [Board Meeting Outcome for Tthis Is To Inform You That The Board Of Directors Of The Company At Its Meeting Held Today I.E. On Tuesday July 28 2026 Approved And Adopted Unaudited Financial Results For The Quarter Ended On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0683d825-aab6-4df0-9036-db3d34d366ed.pdf) |
| 2026-07-21 | [Clarification On Price Movement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=017945c7-0893-42f1-932b-2845206582f0.pdf) |
| 2026-07-18 | [Board Meeting Intimation for Intimation Of Meeting Of The Board Of Directors Of The Company Has Been Scheduled To Be Held On Tuesday July 28 2026 At The Registered Office Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a19611cc-ab1e-41f8-8728-e2cc595a76e8.pdf) |
| 2026-06-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=126fe313-65e0-480e-a7a5-1d4bba30d876.pdf) |
| 2026-06-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=03d25383-ba6d-47c5-9be4-32d4b100d1fd.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Consortium (NTPC+MAHAGENCO) completed acquisition of 1,350MW Sinnar Thermal Power Limited on 24 Feb 2026. | [Intimation Of Completion Of Acquisition Of Sinnar Thermal Power Limited By Consortium Of NTPC Ltd And Maharashtra State Power Generation Company Limited (MAHAGENCO) On 24Th February 2026 9h - Consortium (NTPC+MAHAGENCO) completed acquisition of 1,350MW Sinnar Thermal Power Limited on 24 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e44e5ec4-3f59-4368-b1db-4f644c5815e0.pdf) |
| 9h - 270 MW Khavda-II Solar PV declared COD w.e.f. 11 Mar 2026; NTPC group installed 88,544 MW. | [Declaration Of COD Of Third Part Capacity Of 270 MW Out Of 1200 MW Khavda-II Solar PV Project Located In Gujarat Of NTPC Renewable Energy Limited. 9h - 270 MW Khavda-II Solar PV declared COD w.e.f. 11 Mar 2026; NTPC group installed 88,544 MW.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/517879d8-e782-4776-921b-06e9e20b94a2.pdf) |
| 9 Feb - 14.43 MW COD at Khavda-I Solar PV w.e.f. 10 Feb 2026; NTPC group capacity becomes 87,804 MW. | [Declaration Of COD Of Eleventh Part Capacity Of 14.43 MW Out Of 1255 MW Khavda-I Solar PV Project Under CPSU Scheme Phase-II Tranche-III Of NTPC Renewable Energy Limited. 9 Feb - 14.43 MW COD at Khavda-I Solar PV w.e.f. 10 Feb 2026; NTPC group capacity becomes 87,804 MW.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/599b8e48-c3f1-47d7-a24f-1b8bd3d63ecc.pdf) |
| 7 Feb - Circular dated 30th January 2026, please find attached copy of Newspaper clippings published on 7th February 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Feb - Circular dated 30th January 2026, please find attached copy of Newspaper clippings published on 7th February 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8bd7496a-fc4a-4974-a665-c32606d4ca10.pdf) |
| 5h - 165 MW Khavda-II Solar PV COD effective 20 Feb 2026; NTPC group capacity now 87,974 MW. | [Decelartion Of COD Of Second Part Capacity Of 165 MW Out Of 1200 MW Khavda-II Solar PV Project Of NTPC Renewable Energy Limited 5h - 165 MW Khavda-II Solar PV COD effective 20 Feb 2026; NTPC group capacity now 87,974 MW.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7529a369-7833-4353-bb3a-097441073b5f.pdf) |
| 4 Feb - Transcript of Conference call held with Analysts & Investors on 30th January 2026. | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 Feb - Transcript of Conference call held with Analysts & Investors on 30th January 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a34b65bf-06e8-4d67-b630-5dd881ccf2a0.pdf) |
| 37m - 158.4 MW COD (of 250 MW) w.e.f. 14 Feb 2026; NTPC group capacity becomes 88,132 MW. | [Declaration Of COD Of Part Capacity Of 158.4 MW Out Of 250 MW Solar PV Project Located In Andhra Pradesh, By A Group Company Of NTPC Green Energy Limited 37m - 158.4 MW COD (of 250 MW) w.e.f. 14 Feb 2026; NTPC group capacity becomes 88,132 MW.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9c881cc0-2cd3-4eaf-b71d-18761d99e8c9.pdf) |
| 3 Feb - Board meeting Feb 10, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025. | [Board Meeting Intimation for Board Meeting Intimation Scheduled To Be Held On Tuesday, February 10, 2026 At The Registered Office Of The Company: To Consider And Approve The Un-Audited Financial Results Of The Company Any Other Business With The Permission Of Chair 3 Feb - Board meeting Feb 10, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95a0775f-83ef-4343-b74d-5b1f89e5aa29.pdf) |
| 28 Feb - NSE and BSE imposed Rs.5,42,800 each for Regulation 17(1) non-compliance for quarter ended 31 Dec 2025. | [Notices Received From Stock Exchanges For The Quarter Ended 31.12.2025 28 Feb - NSE and BSE imposed Rs.5,42,800 each for Regulation 17(1) non-compliance for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35b3cd39-e517-4206-b518-3ad5a7782054.pdf) |
| 27 Mar - Trading window closed from 1 Apr 2026 until 48 hours after audited results for year ended 31 Mar 2026. | [Closure of Trading Window 27 Mar - Trading window closed from 1 Apr 2026 until 48 hours after audited results for year ended 31 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/014b27d6-4f9a-4a16-a5bc-7dda9d8a7e0e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-02-10 | [Approved And Adopted Unaudited Financial Results For The Quarter/ Nine Months Ended On 31-12-2025 And Limited Review Report Issued By The Statutory Auditors Of The Company On Unaudited Financial Results For The Quarter/Nine Months Ended On 31-12-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac597e6e-f112-4383-83fc-45aef014b833.pdf) |
| 2025-11-13 | [Financial Results For The Quarter And Six Months Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb03239f-3617-421e-970e-9634f815e6a3.pdf) |
| 2025-08-07 | [Unaudited Financial Results For The Quarter Ended On June 30 2025 Along With Limited Review Report Thereon](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=884db87c-fe95-452a-81eb-a730c7a8d969.pdf) |
| 2025-05-30 | [Integrated Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fea6d482-a346-4385-b2d1-6185921a773b.pdf) |
| 2024-07-24 | [Unaudited Results For The Quarter Ended On June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99dcd9db-64fd-49e5-8516-26e67a8594ac.pdf) |
| 2024-05-30 | [Audited Financial Results For The Year Ended On March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa2c0d1f-221a-485a-822b-d93fc71c9e46.pdf) |
| 2024-02-09 | [Results- Financial Results For December 31,2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9ca56d9-306f-4990-a671-bbdf27ea039e.pdf) |
| 2023-11-09 | [Un-Audited Financial Results For The Quarter/Half Year Ended On September 30, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a584c78-5255-4e7f-bf19-3796516521c7.pdf) |
| 2023-08-14 | [Financial Result For The Quarter Ended On 30Th June, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a46b4c4-c40b-4135-bfce-15926cb613d5.pdf) |
| 2023-05-30 | [Audited Financial Results Of The Company For The Quarter And Financial Year Ended On March 31, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15316508-aeac-4f95-8fc9-c1009f93f851.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73638cb2-aa32-49e8-91ce-6f452625f693.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0b942b7-31ae-4426-b360-91b44f62a3aa.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77f1db12-a824-418f-b055-ac38bef62a09.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/767b3ba4-c5eb-421d-99ad-91a3e9939879.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1cb809c6-178a-4238-a6a9-5f2aae2e3bf9.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b961ed68-e005-45ae-9f0c-004caceef4e3.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5470e555-5c40-4a84-bfbf-52804e035934.pdf) |
| Jan 2023 | [Concall - Jan 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bdd78ff3-a869-463a-9f2d-64d6abf1974b.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d5dfa30-30fc-4129-846c-fe03b5f79068.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/293230fa-9f9f-49b0-b470-98641c90f216.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_NTPC_2010_2011_15092011082526.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba273826-d8ae-4bf6-b346-31875690c34b.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e5fad8d2-8584-49a7-b7b7-513ae6760697.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39e0cfa7-a5b9-4ef4-9802-ba4248ad306d.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2cd5e715-71bf-42f9-80a8-af6a49c08604.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da3b3d90-81a9-4839-9a4c-3caedb6497f4.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dc0cc637-59c2-4198-923a-ace493de9096.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532555/74152532555.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e9603e5-888d-4ae0-a30b-c5f38f15fc1d.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532555/70823532555.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 2026-09-13T20:00:00.512Z.