---
title: "Bhatia Communications & Retail (India) Ltd (540956) — Share Price, Financials & Analysis"
symbol: "540956"
company: "Bhatia Communications & Retail (India) Ltd"
canonical: "https://tapetide.com/stocks/540956"
isin: "INE341Z01025"
nse_symbol: "BHATIACOMMUNICATIONSRETAILLTD"
bse_code: "540956"
sector: "Retail"
industry: "Speciality Retail"
market_cap_cr: 448
generated_at: "2026-09-13T19:38:50.104Z"
---

# Bhatia Communications & Retail (India) Ltd (540956)

Canonical page: https://tapetide.com/stocks/540956

## Company

- **NSE Symbol:** BHATIACOMMUNICATIONSRETAILLTD
- **BSE Code:** 540956
- **ISIN:** INE341Z01025
- **Sector:** Retail
- **Industry:** Speciality Retail
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2018-02-21
- **CEO:** Mr. Sanjeev Harbanslal Bhatia
- **Employees:** 153
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** bhatiamobile.com

## About

Incorporated in 2008, Bhatia Communications & Retail (India) Ltd is in the retail and wholesale distribution business of electronic items and home appliances[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:41:46.330933Z.

- **Market Cap:** ₹448 Cr
- **Classification:** Microcap
- **P/E (reported):** 22.8
- **EPS (TTM):** ₹1.47
- **EPS (reported):** ₹0.68
- **Book Value:** ₹9.43
- **Price to Book:** 3.44
- **Dividend Yield:** 0.03%
- **ROE:** 12.64%
- **ROCE:** 14.32%
- **Debt to Equity:** 0.08
- **Revenue (yearly):** ₹595.2 Cr
- **Net Income:** ₹16.8 Cr
- **EBITDA:** ₹28.4 Cr
- **52-Week High:** ₹33.6
- **52-Week Low:** ₹17.99
- **RSI (14):** 82.05

## Tapetide Score

- **Score:** 63 / 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: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 94.2 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 86.36 | 9% |
| growth | 91.24 | 9% |
| momentum | 97.62 | 12% |
| ownership | 57.45 | 24% |
| quality | 54.65 | 22% |
| valuation | 37.76 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 35.0% CAGR over last 5 years
- Company's median sales growth is 22.8% of last 10 years

### Weaknesses

- Promoter holding has decreased over last quarter: -1.77%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -70.6% | -69.04% | 314.08% |
| ebitda margin growth | 38.46% | -2.85% | 7.43% | 25.86% |
| net income growth | 47.83% | 21.74% | 25% | 35% |
| revenue growth | 10.94% | 33.84% | 20% | 28% |
| roce | — | -21.71% | -30.52% | 17.98% |
| roe | — | -18.97% | 15.22% | 10.78% |

## 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 | 94.36 | 116.79 | 93.91 | 104.82 | 107.32 | 126.81 | 103.77 | 111.54 | 134.34 | 175.45 | 170.09 | 190 |
| Expenses | 96.95 | 112.75 | 89.46 | 99.56 | 101.96 | 121.46 | 99.85 | 105.92 | 128.74 | 168.09 | 164.09 | 179.86 |
| Operating Profit | -2.59 | 4.04 | 4.45 | 5.26 | 5.36 | 5.35 | 3.92 | 5.62 | 5.6 | 7.36 | 6 | 10.14 |
| OPM % | -2.74 | 3.46 | 4.74 | 5.02 | 4.99 | 4.22 | 3.78 | 5.04 | 4.17 | 4.19 | 3.53 | 5.34 |
| Other Income | 6.5 | 0.22 | 0.41 | 0.34 | 0.38 | 0.53 | 0.72 | 0.65 | 0.65 | 0.67 | 1.85 | 0.68 |
| Interest | 0.23 | 0.56 | 0.43 | 0.46 | 0.38 | 0.68 | 0.24 | 0.64 | 0.85 | 0.75 | 0.58 | 0.51 |
| Depreciation | 0.35 | 0.38 | 0.38 | 0.43 | 0.45 | 0.48 | 0.43 | 0.85 | 0.66 | 0.72 | 0.66 | 1.21 |
| Profit before tax | 3.33 | 3.32 | 4.05 | 4.71 | 4.91 | 4.72 | 3.97 | 4.78 | 4.74 | 6.56 | 6.61 | 9.1 |
| Tax % | 25.83 | 25.3 | 26.42 | 22.72 | 25.46 | 23.94 | 26.45 | 24.9 | 21.31 | 25.15 | 31.16 | 25.16 |
| Net Profit | 2.47 | 2.49 | 2.98 | 3.65 | 3.66 | 3.58 | 2.93 | 3.58 | 3.73 | 4.91 | 4.55 | 6.82 |
| EPS in Rs | 0.2 | 0.2 | 0.24 | 0.29 | 0.29 | 0.29 | 0.23 | 0.29 | 0.29 | 0.38 | 0.32 | 0.48 |

### 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 | 155 | 165 | 168 | 173 | 233 | 342 | 414 | 442 | 591 | 670 |
| Expenses | 160 | 172 | 177 | 182 | 242 | 330 | 397 | 423 | 566 | 641 |
| Operating Profit | -5 | -7 | -9 | -9 | -9 | 12 | 17 | 20 | 25 | 29 |
| OPM % | -3.1 | -4.3 | -5 | -5 | -3.7 | 3.6 | 4.1 | 4.5 | 4.2 | 4.3 |
| Other Income | 12 | 16 | 19 | 17 | 18 | 2 | 2 | 2 | 4 | 4 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 |
| Profit before tax | 5 | 7 | 7 | 5 | 7 | 11 | 15 | 18 | 23 | 27 |
| Tax % | 34 | 30 | 26 | 29 | 26 | 25 | 25 | 25 | 26 | — |
| Net Profit | 4 | 5 | 5 | 4 | 5 | 8 | 12 | 14 | 17 | 20 |
| EPS in Rs | 0.29 | 0.4 | 0.43 | 0.3 | 0.42 | 0.68 | 0.92 | 1.1 | 1.19 | 1.47 |
| Dividend Payout % | 0 | 0 | 93 | 17 | 12 | 7 | 1 | 4 | 3 | — |

### 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 | 0.52 | 6 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 14 |
| Reserves | 3 | 22 | 21 | 26 | 29 | 34 | 42 | 54 | 76 | 119 |
| Borrowings | 4 | 2 | 6 | 11 | 11 | 15 | 19 | 21 | 8 | 10 |
| Other Liabilities | 17 | 16 | 13 | 15 | 17 | 21 | 21 | 30 | 34 | 56 |
| Total Liabilities | 25 | 46 | 52 | 65 | 69 | 82 | 95 | 117 | 131 | 199 |
| Fixed Assets | 5 | 6 | 7 | 7 | 7 | 8 | 8 | 10 | 13 | 29 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 15 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 20 | 40 | 45 | 43 | 62 | 75 | 87 | 107 | 118 | 169 |
| Total Assets | 25 | 46 | 52 | 65 | 69 | 82 | 95 | 117 | 131 | 199 |

### 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 | 2 | -1 | 6 | 8 | 2 | -1 | 8 | 5 | 5 | 2 |
| Cash from Investing Activity | -2 | -6 | -4 | -20 | -2 | -2 | 0 | -1 | -8 | -19 |
| Cash from Financing Activity | -1 | 20 | -1 | 0 | -3 | 3 | 1 | 1 | -6 | 19 |
| Net Cash Flow | 0 | 13 | 2 | -12 | -3 | 0 | 9 | 5 | -9 | 2 |
| Free Cash Flow | 0 | -2 | 4 | 7 | 1 | -3 | 6 | 2 | 1 | -18 |
| CFO/OP | -36 | -27 | -115 | -110 | -37 | -13 | 89 | 53 | 46 | 26 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 15 | 11 | 12 | 13 | 10 | 8 | 6 | 5 | 4 | 5 |
| Inventory Days | 38 | 38 | 37 | 49 | 62 | 65 | 52 | 50 | 59 | 66 |
| Days Payable | 50 | 33 | 23 | 25 | 20 | 20 | 11 | 13 | 12 | 11 |
| Cash Conversion Cycle | 3 | 16 | 26 | 37 | 53 | 54 | 47 | 43 | 52 | 60 |
| Working Capital Days | -3 | 17 | 20 | 23 | 37 | 38 | 27 | 29 | 49 | 66 |
| ROCE % | 22 | 33 | 22 | 20 | 13 | 15 | 20 | 21 | 22 | 21 |

## 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 | 73.66% | 73.66% | 73.85% | 73.85% | 73.88% | 73.88% | 73.88% | 73.88% | 71.22% | 71.22% | 71.22% | 69.45% |
| FIIs | 0% | 0% | 0.08% | 0.08% | 0.08% | 0.08% | 0.08% | 0.48% | 4.3% | 4.3% | 4.3% | 7.54% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.15% | 0.35% | 0.46% | 0.48% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 19.24% | 18.77% | 17.66% | 18.46% | 20.53% | 20.32% | 20.42% | 20.46% | 19.18% | 19.11% | 19.19% | 18% |
| Others | 7.11% | 7.57% | 8.41% | 7.6% | 5.51% | 5.72% | 5.63% | 5.19% | 5.15% | 5.02% | 4.83% | 4.53% |
| No. of Shareholders | 18056 | 19770 | 22680 | 22823 | 22779 | 22827 | 22608 | 22104 | 21715 | 20922 | 20561 | 20011 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 31.95 | Buy |
| EMA (10) | 31.86 | Buy |
| SMA (20) | 30.94 | Buy |
| EMA (20) | 30.66 | Buy |
| SMA (50) | 27.02 | Buy |
| EMA (50) | 28.21 | Buy |
| SMA (100) | 25.69 | Buy |
| EMA (100) | 26.48 | Buy |
| SMA (200) | 24.32 | Buy |
| EMA (200) | 25.32 | Buy |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 84.17 | Sell |
| MACD (12,26,9) | 1.63 | Sell |
| Stochastic (14,3,3) | 86.38 | Sell |
| ADX (14) | 46.78 | Buy |
| Williams %R (14) | -8.97 | Sell |
| ATR (14) | 1.46 | High Volatility |
| ROC (12) | 5.81 | Buy |
| Stoch RSI (14) | 69.02 | Neutral |
| UO (7,14,28) | 74.76 | Sell |

## Filings & Documents

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ca92360-fca2-4844-8be8-0f54caf208c9.pdf) |
| 2026-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c1c9cc1-0e02-4e58-afd8-87a3922abb0b.pdf) |
| 2026-02-19 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3470ee14-e521-4fd6-8eba-2664aacbcdba.pdf) |
| 2025-11-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7919f033-7d4d-4ede-85b6-29b22cf5c3de.pdf) |
| 2025-08-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f43c3dc3-ed3c-4ce1-a890-80e405a84a36.pdf) |
| 2025-06-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8c7e0fc-a3d3-443f-834f-0f36a109b709.pdf) |
| 2025-02-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94d76d7a-d6f8-49f0-8052-67d8713af76a.pdf) |
| 2024-12-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f53d69c-4842-45de-8757-06ee0648e376.pdf) |
| 2024-08-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f83295b-e75a-4cd3-9025-b4f265d01470.pdf) |
| 2024-06-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34bc52e9-d533-4b5a-bf15-6c7c4435c2c7.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24bb7740-907e-4096-b663-b62dc476411c.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On Friday August 14 2026 And Unaudited Financial Results For The Quarter Ended On June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8cd701a-0bda-4c6f-afb3-534d95ec554f.pdf) |
| 2026-08-14 | [Corporate Action-Board approves Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a9e5f4d-b8df-428c-a925-edd74473f1c1.pdf) |
| 2026-08-14 | [Intimation Of Record Date For Payment Of 1St Interim Dividend On Equity Shares For The Financial Year 2026-27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4aece11f-f368-4e4e-996e-027e9127ea57.pdf) |
| 2026-08-06 | [Board Meeting Intimation for Board Meeting To Be Held On August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c4e0dc2-f254-4237-bd51-60050eaac2fa.pdf) |
| 2026-07-27 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2daf6094-76ea-467c-825b-9ef20368c87d.pdf) |
| 2026-07-27 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae6ca6a3-1270-4a17-bb76-1fe1afe83467.pdf) |
| 2026-07-25 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f8322c7-3844-4387-a77d-9875edea6137.pdf) |
| 2026-07-09 | [Intimation Regarding Temporary Disruption Of Operations Due To Floods In Surat.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c967a27-9d40-4d39-833b-b0c60a71d2af.pdf) |
| 2026-07-06 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aad45696-8112-4ee7-b842-dd0531fd15f1.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Unaudited Financial Results For The Quarter Ended On June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=acfeb41b-eb2d-45e2-99f8-6f4803f8f155.pdf) |
| 2026-05-25 | [Standalone Audited Financial Results For The Quarter And Year Ended On March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15b15a1a-135f-4dbd-876e-8fd3ab6537a7.pdf) |
| 2026-02-13 | [Unaudited Financial Results For The Quarter And Nine Months Ended On 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecf6b16b-3f80-4159-9427-5cc609745b6f.pdf) |
| 2025-11-13 | [Standalone Unaudited Financial Results For The Quarter And Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d231cd3e-8cff-444b-a4c2-84986e3029ff.pdf) |
| 2025-08-12 | [Unaudited Financial Results For The Quarter Ended On 30Th June 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5cb7ed2f-f640-44a1-9063-e14910803158.pdf) |
| 2025-05-26 | [Standalone Audited Financial Results For The Quarter And Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2633b5ae-17ad-4080-bf9f-d39ebb4a46aa.pdf) |
| 2025-02-14 | [Unaudited Financial Results For The Quarter And Nine Months Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be11a957-4117-40c6-bcec-06dba7f13313.pdf) |
| 2024-11-13 | [Unaudited Financial Results For The Quarter And Half Year Ended On 30Th September, 2024 And Outcome Of Board Meeting Of The Company Held On Wednesday, 13Th November, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=240c77ed-28df-443c-b2d3-abacdbcd4d35.pdf) |
| 2024-08-13 | [Outcome Of Board Meeting Of The Company Held On Tuesday 13, 2024 And Unaudited Financial Results For The Quarter Ended As On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1209081a-015e-4850-9300-2399d51eb6d0.pdf) |
| 2024-05-29 | [Outcome Of Board Meeting Held On 29Th May, 2024, Audited Financial Results For The Quarter And Year Ended As On 31St March, 2024 And Recommendation Of Final Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fc1fb00-df4e-4f93-9f76-d46b709d9873.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - Converted 1,05,00,000 warrants; Rs.18,70,31,250 received; issue price Rs.23.75; paid-up capital 14,06,52,000 shares. | [Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On Monday, March 09, 2026 For Conversion Of 1,05,00,000 Warrants Into 1,05,00,000 (One Crore Five Lakhs) Equity Shares Of Face Value Of Re. 1/- Each. 9 Mar - Converted 1,05,00,000 warrants; Rs.18,70,31,250 received; issue price Rs.23.75; paid-up capital 14,06,52,000 shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/928329a8-1065-43b4-a5b3-e8c0596c48e9.pdf) |
| 9 Mar - Converted 1,05,00,000 warrants at Rs.23.75; Rs.18,70,31,250 received; paid-up capital Rs.14,06,52,000. | [Announcement under Regulation 30 (LODR)-Conversion of Securities 9 Mar - Converted 1,05,00,000 warrants at Rs.23.75; Rs.18,70,31,250 received; paid-up capital Rs.14,06,52,000.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fcea444f-875d-49d3-9489-f734b59dc578.pdf) |
| 8 Apr - DP) Regulations, 2018 for the quarter ended on 31st March, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - DP) Regulations, 2018 for the quarter ended on 31st March, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c11206d0-cc50-4682-b020-7eed4700ed89.pdf) |
| 7 May - Board approved two unsecured loans of Rs.75 lakh each to Mahek Creation and Siara on 07 May 2026. | [Board Meeting Outcome for Board Meeting Outcome For Intimation Of Loan Agreement - Disclosure Under The Regulation 30 Of The SEBI (LODR) Regulations, 2015 7 May - Board approved two unsecured loans of Rs.75 lakh each to Mahek Creation and Siara on 07 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/2ee4dd82-4230-424b-bf29-70538954aca9.pdf) |
| 30 Apr - Annual Secretarial Compliance Report for FY ended March 31, 2026 submitted to BSE. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 30 Apr - Annual Secretarial Compliance Report for FY ended March 31, 2026 submitted to BSE.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ddd7f77-397d-4f37-8feb-bdee0d91614a.pdf) |
| 30 Apr - Annual Secretarial Compliance Report for FY ended March 31, 2026 submitted to BSE. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 30 Apr - Annual Secretarial Compliance Report for FY ended March 31, 2026 submitted to BSE.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3ddd7f77-397d-4f37-8feb-bdee0d91614a.pdf) |
| 26 Feb - One-on-one meeting with Aditya Birla Sun Life Insurance in Mumbai on March 4, 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 26 Feb - One-on-one meeting with Aditya Birla Sun Life Insurance in Mumbai on March 4, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/875e44a5-152d-4913-85b7-34f1659d31d4.pdf) |
| 23 Apr - Company says it does not qualify as 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 23 Apr - Company says it does not qualify as a Large Corporate as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/24c9babd-d66d-4d8a-9a7c-c1b497701e9e.pdf) |
| 20 Feb - Transcript of the Earnings Conference Call pertaining to the Unaudited Financial Results for the quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 20 Feb - Transcript of the Earnings Conference Call pertaining to the Unaudited Financial Results for the quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8ac6417-b08f-45e6-9bc9-cef1827c6c93.pdf) |
| 20 Feb - Registered office moved in Surat from Dr. Ambedkar Shopping Centre to Bhatia Complex effective 20/02/2026. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 20 Feb - Registered office moved in Surat from Dr. Ambedkar Shopping Centre to Bhatia Complex effective 20/02/2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5000ccc4-4a35-49c4-be2b-2fa07f178a43.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/089db1cc-46f8-4c70-b914-a04ba219437f.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0284cfbb-de17-49f7-b113-93cadb2407b6.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7919f033-7d4d-4ede-85b6-29b22cf5c3de.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5742f2a6-285c-4117-b2ca-e636c6b3cb4a.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/047e3f14-b530-4454-8cbf-1c8908465bb5.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2e42fb7d-7da0-44c4-b8a7-0d82f011f7b1.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae790795-d2bd-4f20-9349-66414bd27f96.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4cc59b9a-93a7-411e-a0f6-9085f85e2db1.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b76fc7ca-382a-421f-a6be-c47400202af2.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d895aa35-6f11-4efc-93c7-9970b3595a77.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7379722-87ab-47f9-a653-055da0898146.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/322c6097-884e-4d72-9863-30291c3213a4.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c8b3925-b02a-43da-8b04-f7eeff7c6b90.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c44eb3a2-f160-487c-8331-c6aa93a884a0.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80fc225b-524a-484d-ad79-7ffe5e3216f4.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1593b688-26e1-45b5-ba32-89589b8880b7.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c8d1dd8-dbe1-4c6e-8b07-e094777cb0f5.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/540956/74236540956.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523642/74316523642.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/540956/70083540956.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 2026-09-13T19:38:50.104Z.