---
title: "Crystal Business System Ltd (540821) — Share Price, Financials & Analysis"
symbol: "540821"
company: "Crystal Business System Ltd"
canonical: "https://tapetide.com/stocks/540821"
isin: "INE994R01028"
nse_symbol: "SADHNABROADCASTLTD"
bse_code: "540821"
sector: "Media"
industry: "TV Broadcasting & Media"
market_cap_cr: 20.5
generated_at: "2026-09-13T20:16:43.423Z"
---

# Crystal Business System Ltd (540821)

Canonical page: https://tapetide.com/stocks/540821

## Company

- **NSE Symbol:** SADHNABROADCASTLTD
- **BSE Code:** 540821
- **ISIN:** INE994R01028
- **Sector:** Media
- **Industry:** TV Broadcasting & Media
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2018-01-22
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** sadhnabroadcast.com

## About

Incorporated in 1994, Crystal Business System Ltd is in the business of launching television 
channels.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:38:22.378003Z.

- **Market Cap:** ₹20.5 Cr
- **Classification:** Microcap
- **P/E (reported):** -203
- **EPS (TTM):** ₹-0.01
- **EPS (reported):** ₹0.03
- **Book Value:** ₹1.51
- **Price to Book:** 1.35
- **Dividend Yield:** 0%
- **ROE:** 5.94%
- **ROCE:** 8.45%
- **Debt to Equity:** 0.19
- **Revenue (yearly):** ₹8.68 Cr
- **Net Income:** ₹0.23 Cr
- **EBITDA:** ₹0.35 Cr
- **52-Week High:** ₹3.47
- **52-Week Low:** ₹1.33
- **RSI (14):** 50.96

## Tapetide Score

- **Score:** 46 / 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:** 31.9 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 53.01 | 9% |
| growth | 5.34 | 9% |
| momentum | 77.88 | 12% |
| ownership | 50 | 24% |
| quality | 44.4 | 22% |
| valuation | 38.76 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -17.3% over past five years.
- Promoter holding is low: 25.5%
- Company has a low return on equity of 3.16% over last 3 years.
- Company has high debtors of 373 days.
- Working capital days have increased from 175 days to 312 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -630.3% | -170.42% | -179.01% |
| ebitda margin growth | -123.53% | -65.34% | -39.3% | 1.06% |
| net income growth | -128.13% | -74.44% | 33% | 25% |
| revenue growth | -78.72% | -50.68% | -23% | -17% |
| roce | — | 200.71% | 525.93% | 2.73% |
| roe | — | 165.18% | 2.45% | -861.54% |

## 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 | 5.44 | 2.04 | 3.88 | 2.87 | 3.91 | 3.98 | 6.46 | 1.6 | 1.58 | 0.9 | 4.6 | 0.98 |
| Expenses | 4.03 | 3.75 | 3.01 | 2.67 | 2.97 | 2.11 | 7.92 | 2.23 | 2.31 | 2.48 | 1.3 | 1.83 |
| Operating Profit | 1.41 | -1.71 | 0.87 | 0.2 | 0.94 | 1.87 | -1.46 | -0.63 | -0.73 | -1.58 | 3.3 | -0.85 |
| OPM % | 25.92 | -83.82 | 22.42 | 6.97 | 24.04 | 46.98 | -22.6 | -39.38 | -46.2 | -175.56 | 71.74 | -86.73 |
| Other Income | -0.01 | 0.02 | 0.06 | 0 | 0.15 | 0.1 | 0.13 | 0.11 | 0.1 | 0.11 | 0.13 | 0.04 |
| Interest | 0 | 0 | 0.01 | 0 | 0.03 | 0.04 | 0.05 | 0.03 | 0.03 | 0.03 | 0.05 | 0.01 |
| Depreciation | 0.09 | 0.1 | 0.13 | 0.11 | 0.11 | 0.11 | 0.12 | 0.09 | 0.09 | 0.09 | 0.04 | 0.07 |
| Profit before tax | 1.31 | -1.79 | 0.79 | 0.09 | 0.95 | 1.82 | -1.5 | -0.64 | -0.75 | -1.59 | 3.34 | -0.89 |
| Tax % | 25.19 | 0 | -29.11 | 22.22 | 25.26 | 24.18 | -16 | 0 | -6.67 | 8.18 | 4.49 | 0 |
| Net Profit | 0.98 | -1.79 | 1.01 | 0.07 | 0.71 | 1.39 | -1.27 | -0.63 | -0.7 | -1.72 | 3.19 | -0.89 |
| EPS in Rs | 0.1 | -0.18 | 0.1 | 0.01 | 0.07 | 0.14 | -0.13 | -0.06 | -0.07 | -0.17 | 0.32 | -0.09 |

### 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 | 55.23 | 55.41 | 34.53 | 22.48 | 23.89 | 18.94 | 15.41 | 17.12 | 8.68 | 8.06 |
| Expenses | 53.47 | 53.26 | 32.86 | 22.2 | 24.24 | 19.12 | 14.58 | 15.55 | 8.31 | 7.92 |
| Operating Profit | 1.76 | 2.15 | 1.67 | 0.28 | -0.35 | -0.18 | 0.83 | 1.57 | 0.37 | 0.14 |
| OPM % | 3.19 | 3.88 | 4.84 | 1.25 | -1.47 | -0.95 | 5.39 | 9.17 | 4.26 | 1.74 |
| Other Income | 0 | 0 | 0.03 | 0.02 | 1.19 | 0.88 | 0.08 | 0.39 | 0.46 | 0.38 |
| Interest | 0.04 | 0.02 | 0.02 | 0.02 | 0 | 0 | 0.02 | 0.14 | 0.13 | 0.12 |
| Depreciation | 0.05 | 0.21 | 0.47 | 0.41 | 0.47 | 0.46 | 0.42 | 0.46 | 0.36 | 0.29 |
| Profit before tax | 1.67 | 1.92 | 1.21 | -0.13 | 0.37 | 0.24 | 0.47 | 1.36 | 0.34 | 0.11 |
| Tax % | 34.13 | 27.08 | 28.1 | -15.38 | 16.22 | 150 | 29.79 | 33.09 | 67.65 | — |
| Net Profit | 1.1 | 1.4 | 0.88 | -0.11 | 0.31 | -0.12 | 0.34 | 0.91 | 0.12 | -0.12 |
| EPS in Rs | 0.11 | 0.14 | 0.09 | -0.01 | 0.03 | -0.01 | 0.03 | 0.09 | 0.01 | -0.01 |
| Dividend Payout % | 22.8 | 1.43 | 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 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 |
| Reserves | 1.3 | 2.09 | 3.46 | 4.32 | 4.21 | 4.52 | 4.15 | 4.99 | 5.21 | 5.07 |
| Borrowings | 1.96 | 4.06 | 6.11 | 2.5 | 3.09 | 5.25 | 3.2 | 2.49 | 3.83 | 2.82 |
| Other Liabilities | 20.46 | 13.15 | 20.14 | 11.64 | 8.48 | 8.86 | 9.47 | 7.99 | 5.52 | 4.58 |
| Total Liabilities | 33.75 | 29.33 | 39.74 | 28.49 | 25.81 | 28.66 | 26.85 | 25.5 | 24.59 | 22.5 |
| Fixed Assets | 0.2 | 0.44 | 2.06 | 1.83 | 1.86 | 2.16 | 1.82 | 1.82 | 1.45 | 1.18 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.09 | 0.07 |
| Investments | 0.85 | 0.85 | 0.85 | 0.85 | 4.87 | 7.96 | 7.71 | 8.4 | 5.35 | 5.09 |
| Other Assets | 32.7 | 28.04 | 36.83 | 25.81 | 19.08 | 18.54 | 17.32 | 15.26 | 17.7 | 16.16 |
| Total Assets | 33.75 | 29.33 | 39.74 | 28.49 | 25.81 | 28.66 | 26.85 | 25.5 | 24.59 | 22.5 |

### 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 | -1.68 | -13.49 | -1.13 | 3.81 | 4.43 | 1.59 | 4.97 | 0.66 | -3.5 | 0.93 |
| Cash from Investing Activity | -0.19 | -0.29 | -1.83 | -0.23 | -4.47 | -3.87 | -0.12 | -0.43 | 1.88 | 0.35 |
| Cash from Financing Activity | 0.5 | 1.79 | 2.03 | -3.63 | 0.59 | 2.28 | -5.72 | 0.2 | 1.15 | -1.12 |
| Net Cash Flow | -1.37 | -11.99 | -0.94 | -0.05 | 0.55 | 0 | -0.87 | 0.42 | -0.46 | 0.17 |
| Free Cash Flow | -1.87 | -13.78 | -2.96 | 3.58 | 3.98 | 0.82 | 4.85 | 0.23 | -3.66 | 0.87 |
| CFO/OP | -158 | -738 | -49 | 250 | 1582 | -454 | -2761 | 106 | -208 | 362 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 128.5 | 88.23 | 131.22 | 60.78 | 110.25 | 88.92 | 138.37 | 137.85 | 123.23 | 372.99 |
| Inventory Days | — | — | 36.66 | 70.35 | — | — | — | — | — | — |
| Days Payable | — | — | 965.9 | 359.69 | — | — | — | — | — | — |
| Cash Conversion Cycle | 128.5 | 88.23 | -798.02 | -228.56 | 110.25 | 88.92 | 138.37 | 137.85 | 123.23 | 372.99 |
| Working Capital Days | -31.72 | 56.17 | 44 | 87.84 | 68.03 | 130.63 | 71.69 | 59.45 | 154.14 | 311.6 |
| ROCE % | 7.11 | 11.61 | 10.84 | 6.75 | -0.64 | 2.59 | 3.55 | 3.21 | 8.2 | 2.54 |

## 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 | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% | 25.47% |
| 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% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 60.75% | 60.8% | 61.83% | 61.83% | 61.82% | 61.81% | 61.96% | 61.97% | 61.97% | 62.03% | 62.04% | 62.05% |
| Others | 13.78% | 13.74% | 12.7% | 12.7% | 12.71% | 12.72% | 12.58% | 12.56% | 12.56% | 12.5% | 12.5% | 12.49% |
| No. of Shareholders | 60075 | 57599 | 56520 | 54548 | 53088 | 52900 | 52582 | 52002 | 51459 | 50853 | 50198 | 50149 |

## 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) | 2.05 | Sell |
| EMA (10) | 2.03 | Sell |
| SMA (20) | 2.02 | Sell |
| EMA (20) | 2.02 | Sell |
| SMA (50) | 1.98 | Buy |
| EMA (50) | 2.02 | Sell |
| SMA (100) | 2.1 | Sell |
| EMA (100) | 2.03 | Sell |
| SMA (200) | 2 | Sell |
| EMA (200) | 2.08 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.63 | Neutral |
| MACD (12,26,9) | 0.01 | Sell |
| Stochastic (14,3,3) | 41.11 | Neutral |
| ADX (14) | 29.42 | Buy |
| Williams %R (14) | -70 | Neutral |
| ATR (14) | 0.11 | High Volatility |
| ROC (12) | -1.49 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 52.25 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 May - Hobin Duggal resigned as Company Secretary and Compliance Officer effective 8 May 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 8 May - Hobin Duggal resigned as Company Secretary and Compliance Officer effective 8 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7590e943-00aa-490f-9202-9ba704a4692a.pdf) |
| 7 Apr - Promoters disclosed nil share encumbrance under Regulation 31(4) as of March 31, 2026. | [Submission Of Statement For Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 7 Apr - Promoters disclosed nil share encumbrance under Regulation 31(4) as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c865379-6065-4f97-9aca-139a63739aab.pdf) |
| 6 Feb - Q3 sales ₹368 crore (+21%), PAT ₹78 crore; interim dividend ₹160/share (₹50 special). | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Feb - Q3 sales ₹368 crore (+21%), PAT ₹78 crore; interim dividend ₹160/share (₹50 special).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d042cad-59c7-4cd0-bb14-679b077e7ebd.pdf) |
| 6 Feb - Interim dividend Rs.160/share (incl. Rs.50 special); record date Feb 12, 2026; TDS guidance and Feb 10 document deadline | [Communication In Respect Of Deduction Of Tax At Source (TDS) On The Amount Of Dividend Income From Procter & Gamble Health Limited 6 Feb - Interim dividend Rs.160/share (incl. Rs.50 special); record date Feb 12, 2026; TDS guidance and Feb 10 document deadline](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c33edce7-3341-405a-b430-eeb3a3ee2584.pdf) |
| 5 Feb - Submitting clipping of Newspaper dated 05th February 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Feb - Submitting clipping of Newspaper dated 05th February 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a52fe397-c879-4c59-9b89-8956a711cedc.pdf) |
| 31 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results for year ended March 31, 2026. | [Closure of Trading Window 31 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results for year ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e5b41e95-06d4-4139-9a4f-06d56300d2d0.pdf) |
| 3 Feb - No deviation/variation disclosure applicable for quarter ended 31 Dec 2025. | [Submission Of Disclosure Under Regulation 32 Of SEBI (LODR) Regulations, 2015 3 Feb - No deviation/variation disclosure applicable for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/acfaefb6-2653-4b46-b89f-9c9871679260.pdf) |
| 3 Feb - Board approved unaudited results for quarter ended 31-Dec-2025; limited review report taken on record. | [Board Meeting Outcome for Outcome Of The Board Meeting As Per Regulation 30 Of The SEBI (LODR) Regulations, 2015. 3 Feb - Board approved unaudited results for quarter ended 31-Dec-2025; limited review report taken on record.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bcd47940-0b4f-4e90-a416-6360e2e26ab2.pdf) |
| 29 Jan - Board meeting 03 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025; trading reopens 06 Feb. | [Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 And Information Regarding Reopening Of Trading Window Of Equity Shares Of The Company. 29 Jan - Board meeting 03 Feb 2026 to approve unaudited results for quarter ended 31 Dec 2025; trading reopens 06 Feb.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c4ebc00-ee93-462f-997f-d8d5fc7e5c46.pdf) |
| 28 Apr - Company confirms it does not qualify as a large corporate as of 31 March 2026. | [Confirmation For Non-Applicability Of Criteria Given For 'Large Corporates' Under SEBI Circular No. SEBI/HO/DDHS/CIR/P 2018/144 Dated 26TH November, 2018 28 Apr - Company confirms it does not qualify as a large corporate as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6084c9f0-0518-4522-8a41-32b5fe464c5a.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Intimation For Withdrawal Of Shifting Of Registered Office Of The Company Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aaa342b7-beff-4cc7-8fb4-cf74c6027894.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9c52bec-30d1-4d65-9c07-e0e064ecf520.pdf) |
| 2026-09-05 | [Intimation Of 32Nd Annual General Meeting Of Crystal Business System Limited.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c917527a-a12d-4f19-acd4-4206d63b7e64.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d70d0b1b-a02e-41ff-8d05-41f18606fbf3.pdf) |
| 2026-09-03 | [Board Meeting Outcome for Outcome Of The Board Meeting As Per Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=230381d9-ee6f-4850-ae21-de91d31e940b.pdf) |
| 2026-08-22 | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4dafba2a-a452-4081-8e52-756816b15c25.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Cessation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d18c2ba0-3cc2-4520-b74c-4fa0b0e6e992.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d51b4035-182f-4f62-9d30-52ebc4a0911d.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Outcome Of The Board Meeting As Per Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88e16cb5-a4e1-4bcf-861a-5536ff64ee66.pdf) |
| 2026-08-10 | [Disclosure under Regulation 30A of LODR](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b16a7a4d-29f4-421b-88d0-3e2c464ab90e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Submission Of Un-Audited Financial Results Of The Company For The Quarter Ended 30Th June 2026 Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24af928e-39cb-4b64-9376-9473a4ea5e25.pdf) |
| 2026-05-16 | [Submission Of Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2026 Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ecb5060-b45e-4a3f-b62f-fb9bcefe79e8.pdf) |
| 2026-05-15 | [Submission Of Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2026 Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75f7af10-ff57-43cf-807a-d31770c647fc.pdf) |
| 2026-05-15 | [Submission Of Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2026 Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e264e7f5-422d-4f56-a8b2-62a7f93e151f.pdf) |
| 2026-02-03 | [Un-Audited Financial Results As Per Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9854a824-3d7e-4c71-8424-7a1abc182e0f.pdf) |
| 2025-11-08 | [Outcome Of The Board Meeting Dated 08Th November 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6e80e31-0b15-4d24-8238-0b02aee8c8fa.pdf) |
| 2025-08-04 | [Submission Of Un-Audited Financial Results Of The Company For The Quarter Ended 30Th June 2025 Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7c21c23-532a-4d50-9844-0f130bfc842d.pdf) |
| 2025-05-17 | [Submission Of Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2025 Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca687567-ee0c-4ce0-ad2e-56b91ba01873.pdf) |
| 2025-01-27 | [Submission Of Un-Audited Financial Results Of The Company For The Quarter Ended 31St December 2024 Pursuant To Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1db265d5-b7cb-4e20-86d8-fc79424373b9.pdf) |
| 2024-11-13 | [Submission Of Un-Audited Financial Results Of The Company For The Quarter And Half YearEnded 30Th September, 2024 Pursuant To Regulation 33 Of The SEBI (Listing Obligations AndDisclosure Requirements), 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=efef3eaf-93ca-470d-a7c7-b787e9b71383.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e05df49b-0d25-47e5-af2e-c618b21817e2.pdf) |
| May 2018 | [Concall - May 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/1b0d0bc7-acc4-4df6-a961-f64967661083.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8a6c27ed-7f8b-4f77-9c6c-1831377c22bf.pdf) |
| Dec 2023 | [Concall - Dec 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20e95e90-f6c9-4fbf-ba70-abcf726d6b78.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_3183_MERCK_2013_2013_24022014152959.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0aa689e3-f0f6-416c-9088-4fead404b601.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab35e3af-c8dd-43b2-acc0-90aa8abb6a08.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79f114e4-2c9e-48c2-9e49-edd1d6da47ee.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ac264b0-e247-44f8-9318-31d682e2fda3.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61a172ae-4480-4998-8fff-f52de6dc2a73.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/884beb99-eae2-4038-827d-7d1d9b2b0d27.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/540821/73986540821.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18ede434-beb4-4484-8793-9ef7916748f0.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/540821/72242540821.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 2026-09-13T20:16:43.423Z.