---
title: "Ashnisha Industries Ltd (541702) — Share Price, Financials & Analysis"
symbol: "541702"
company: "Ashnisha Industries Ltd"
canonical: "https://tapetide.com/stocks/541702"
isin: "INE694W01024"
nse_symbol: "ASHNISHAINDUSTRIESLTD"
bse_code: "541702"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 66.51
generated_at: "2026-09-13T19:16:38.926Z"
---

# Ashnisha Industries Ltd (541702)

Canonical page: https://tapetide.com/stocks/541702

## Company

- **NSE Symbol:** ASHNISHAINDUSTRIESLTD
- **BSE Code:** 541702
- **ISIN:** INE694W01024
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2018-07-31
- **CEO:** Mr. Ashok Chinubhai Shah B.S. Chem., I.JSA
- **Employees:** 1
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** ashnisha.in

## About

Incorporated in 2009, Ashnisha Industries Ltd 
does trading of various steel products and goods.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:50:45.631996Z.

- **Market Cap:** ₹66.51 Cr
- **Classification:** Microcap
- **P/E (reported):** 254
- **EPS (TTM):** ₹0
- **EPS (reported):** ₹0.07
- **Book Value:** ₹4.14
- **Price to Book:** 0.61
- **Dividend Yield:** 0%
- **ROE:** 0.19%
- **ROCE:** 0.25%
- **Debt to Equity:** 0.05
- **Revenue (yearly):** ₹15.4 Cr
- **Net Income:** ₹0.2 Cr
- **EBITDA:** ₹0.8 Cr
- **52-Week High:** ₹5.36
- **52-Week Low:** ₹2.48
- **RSI (14):** 29.96

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 69.45 | 9% |
| growth | 98.9 | 9% |
| momentum | 20.45 | 12% |
| ownership | 50 | 24% |
| quality | 30.56 | 22% |
| valuation | 28.95 | 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 0.59 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 4.81% over past five years.
- Promoter holding is low: 6.61%
- Company has a low return on equity of 0.68% over last 3 years.
- Company has high debtors of 457 days.
- Promoter holding has decreased over last 3 years: -20.5%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -231.14% | — | -134.69% |
| ebitda margin growth | 0% | -67.24% | -58.12% | -72.05% |
| net income growth | 0% | 0% | -35% | 19% |
| revenue growth | -76.47% | 45.28% | -13% | 5% |
| roce | -55.56% | -83.87% | -85.88% | 1.42% |
| roe | 300% | -13.64% | 0.55% | -72.46% |

## 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 | 2.06 | 1.06 | 6.8 | 0.42 | 0.69 | 2.69 | 1.04 | 0.35 | 4.49 | 2.59 | 5.51 | 1.33 |
| Expenses | 2.17 | 0.88 | 7.59 | 1.32 | 0.81 | 2.74 | 3.96 | 0.6 | 4.66 | 2.71 | 6.58 | 1.39 |
| Operating Profit | -0.11 | 0.18 | -0.79 | -0.9 | -0.12 | -0.05 | -2.92 | -0.25 | -0.17 | -0.12 | -1.07 | -0.06 |
| OPM % | -5.34 | 16.98 | -11.62 | -214.29 | -17.39 | -1.86 | -280.77 | -71.43 | -3.79 | -4.63 | -19.42 | -4.51 |
| Other Income | 0.49 | 0.16 | 1.63 | 1.08 | 0.27 | 0.19 | 4.24 | 0.5 | 0.35 | 0.31 | 1.29 | 0.23 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.07 | 0.07 | 0.3 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 |
| Profit before tax | 0.31 | 0.27 | 0.54 | 0.05 | 0.02 | 0.01 | 1.19 | 0.12 | 0.05 | 0.06 | 0.09 | 0.04 |
| Tax % | 22.58 | 25.93 | 62.96 | 0 | 50 | 0 | 91.6 | 0 | 0 | 0 | 88.89 | 0 |
| Net Profit | 0.24 | 0.2 | 0.2 | 0.05 | 0.01 | 0.01 | 0.1 | 0.12 | 0.06 | 0.06 | 0.01 | 0.04 |
| EPS in Rs | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### 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 | 11.81 | 74.21 | 26.8 | 10.16 | 9.01 | 19.64 | 12.47 | 4.83 | 12.85 | 13.92 |
| Expenses | 11.82 | 65.82 | 28.23 | 9.72 | 9.06 | 19.93 | 12.92 | 8.84 | 14.55 | 15.34 |
| Operating Profit | -0.01 | 8.39 | -1.43 | 0.44 | -0.05 | -0.29 | -0.45 | -4.01 | -1.7 | -1.42 |
| OPM % | -0.08 | 11.31 | -5.34 | 4.33 | -0.55 | -1.48 | -3.61 | -83.02 | -13.23 | -10.2 |
| Other Income | -0.64 | 0.64 | 0.4 | 0.64 | 2.27 | 1.74 | 2.4 | 5.79 | 2.54 | 2.18 |
| Interest | 0 | 0.69 | 0.24 | 0.1 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 4.1 | 3.66 | 1.7 | 0.98 | 0.3 | 0.52 | 0.52 | 0.52 | 0.52 |
| Profit before tax | -0.66 | 4.24 | -4.93 | -0.72 | 1.23 | 1.14 | 1.43 | 1.26 | 0.32 | 0.24 |
| Tax % | 0 | 5.19 | -8.32 | -2.78 | 65.85 | 21.05 | 33.57 | 87.3 | 25 | — |
| Net Profit | -0.66 | 4.02 | -4.51 | -0.69 | 0.42 | 0.9 | 0.96 | 0.17 | 0.25 | 0.17 |
| EPS in Rs | -0.08 | 0.51 | -0.57 | -0.09 | 0.05 | 0.03 | 0.04 | 0.01 | 0.01 | 0 |
| 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.02 | 3.02 | 3.02 | 3.02 | 3.02 | 9.9 | 10.1 | 10.1 | 26.51 |
| Reserves | 9.16 | 13.19 | 41.85 | 41.16 | 41.58 | 46.47 | 50.46 | 50.61 | 83.22 |
| Borrowings | 1.67 | 69.92 | 1.74 | 3.18 | 1.74 | 1.69 | 3.77 | 46.13 | 5.38 |
| Other Liabilities | 1.54 | 9.64 | 19.41 | 25.09 | 22.3 | 26.91 | 29.46 | 21 | 20.6 |
| Total Liabilities | 15.39 | 95.77 | 66.02 | 72.45 | 68.64 | 84.97 | 93.79 | 127.84 | 135.71 |
| Fixed Assets | 0.05 | 14.55 | 8.9 | 13.42 | 12.7 | 12.17 | 11.66 | 11.14 | 10.64 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.34 | 7.32 |
| Investments | 2.17 | 1.37 | 4.16 | 4.01 | 0.59 | 0.59 | 3.59 | 2.82 | 0.77 |
| Other Assets | 13.17 | 79.85 | 52.96 | 55.02 | 55.35 | 72.21 | 78.54 | 113.54 | 116.98 |
| Total Assets | 15.39 | 95.77 | 66.02 | 72.45 | 68.64 | 84.97 | 93.79 | 127.84 | 135.71 |

### Cash Flow

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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -11.57 | 57.79 | -67.29 | 16.56 | -17.99 | -8.93 | 2.96 | -12.75 | -42.22 |
| Cash from Investing Activity | -0.77 | -16.33 | -0.4 | -3.78 | 4.61 | 1.74 | -0.75 | 0.62 | -3.15 |
| Cash from Financing Activity | 12.36 | -41.41 | 72.1 | -2.5 | -1.28 | 9.66 | -4.01 | 11.52 | 52.49 |
| Net Cash Flow | 0.02 | 0.05 | 4.4 | 10.27 | -14.66 | 2.47 | -1.8 | -0.61 | 7.12 |
| Free Cash Flow | -11.63 | 42.86 | -65.3 | 11.98 | -18.25 | -8.93 | 2.96 | -13.09 | -49.21 |
| CFO/OP | 115700 | 689 | 4706 | 3764 | 35980 | 3034 | -707 | 294 | 2481 |

### Ratios

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 309.68 | 115.29 | 135.65 | 310.03 | 234.15 | 232.86 | 453.1 | 560.72 | 456.75 |
| Inventory Days | 0 | 33.79 | 110.54 | 63.95 | 51.1 | 0 | 7.81 | 0 | 0 |
| Days Payable | — | 33.16 | 38.77 | 410.68 | 82.73 | — | 360.77 | — | — |
| Cash Conversion Cycle | 309.68 | 115.92 | 207.42 | -36.69 | 202.52 | 232.86 | 100.15 | 560.72 | 456.75 |
| Working Capital Days | 358.51 | -197.18 | 344.84 | 271.24 | 1071.5 | 655.48 | 929.62 | 3411.2 | 2453.31 |
| ROCE % | — | 9.81 | -6.27 | -0.98 | 0.94 | 1.68 | 1.84 | 1.23 | 0.25 |

## 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 | 27.11% | 26.57% | 17.35% | 17.35% | 17.35% | 17.35% | 17.35% | 17.35% | 17.35% | 6.61% | 6.61% | 6.61% |
| 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 | 42.96% | 47.32% | 77.32% | 77.55% | 77.65% | 77.71% | 77.73% | 77.7% | 77.71% | 75.95% | 77.99% | 72.49% |
| Others | 29.92% | 26.11% | 5.32% | 5.1% | 4.99% | 4.94% | 4.92% | 4.95% | 4.93% | 17.43% | 15.4% | 20.9% |
| No. of Shareholders | 46642 | 63369 | 78195 | 73749 | 68634 | 66863 | 65928 | 64468 | 63034 | 63899 | 63914 | 78583 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.68 | Sell |
| EMA (10) | 2.68 | Sell |
| SMA (20) | 2.91 | Sell |
| EMA (20) | 2.91 | Sell |
| SMA (50) | 3.46 | Sell |
| EMA (50) | 3.26 | Sell |
| SMA (100) | 3.64 | Sell |
| EMA (100) | 3.44 | Sell |
| SMA (200) | 3.56 | Sell |
| EMA (200) | 3.48 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 27.68 | Buy |
| MACD (12,26,9) | -0.28 | Sell |
| Stochastic (14,3,3) | 6.42 | Buy |
| ADX (14) | 29.89 | Buy |
| Williams %R (14) | -98.57 | Buy |
| ATR (14) | 0.18 | High Volatility |
| ROC (12) | -19 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 36.33 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-31 | [Notice Of 17Th Annual General Meeting Of Ashnisha Industries Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78ae51a7-2c6c-49fc-906b-8f4e0a303a3d.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02d84b03-2f23-4fd3-98f3-30262f8f993c.pdf) |
| 2026-08-31 | [Letter To Shareholders Under Regulation 36(1)(B) Of SEBI (LODR) Reg 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5659cda7-7f54-4b1a-bcca-c53bc843e85a.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9f69a16-c574-4f55-a287-060e92c7d25d.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ebc0289-020d-4489-9a12-958f21e9e55f.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6fed03d5-b025-46ab-98a4-bac1e8f89d4c.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f123d369-e880-4c41-b1af-fddf1f67c53b.pdf) |
| 2026-08-14 | [Corporation Action- Fixed Book Closure For AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df41d6d6-fbb8-44f5-8e0d-985e3b6cf085.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96d25604-cc3d-41e5-8cb4-ed843a15523b.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=966725d0-fac5-4901-9808-f007e279d9fa.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Quarterly Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0f355d1-ba06-4869-bb5d-325002ca1dd3.pdf) |
| 2026-05-27 | [Results-Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dbbe8cd2-d87f-4863-b091-94355e92a03d.pdf) |
| 2026-02-14 | [Results - Financial Results For December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75c6a83a-499d-4ace-9549-bf51f81e8ec7.pdf) |
| 2025-11-14 | [Results - Financial Results For September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32460ad0-ab99-486c-aec4-ad4dd8b2e233.pdf) |
| 2025-08-14 | [Results- Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96a27611-49dc-416b-9eed-8ad0a39f01e0.pdf) |
| 2025-05-30 | [Results- Financial Results For March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91c96969-429b-4c40-a6cf-52ad33a37339.pdf) |
| 2025-02-14 | [Results - Financial Results For December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11776294-c3a7-4e7e-84af-d9e0b04937c6.pdf) |
| 2024-11-14 | [Results- Financial Results For September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ab1581c-55f7-43d4-af76-24f197db7648.pdf) |
| 2024-08-13 | [Results-Financial Results For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1efdaa8c-e77c-4e47-8d7e-7dd5f2c8b857.pdf) |
| 2024-05-29 | [Results- Financial Results For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef6614ec-489c-4de2-9828-7bf50c61b47e.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended December 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended December 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/109670c2-5006-4988-b41f-98f9d9bc3572.pdf) |
| 5 Feb - Newspaper Publication extracts of Unaudited Financial of the Company for the quarter ended 31st December,2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Feb - Newspaper Publication extracts of Unaudited Financial of the Company for the quarter ended 31st December,2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/610a705b-1a4a-46b1-8fd1-7819b9f5910e.pdf) |
| 4 Mar - Kunjan Nathabhai Rathod appointed Non-Executive Independent Director from 13 Dec 2025 to 12 Dec 2030. | [Announcement under Regulation 30 (LODR)-Change in Directorate 4 Mar - Kunjan Nathabhai Rathod appointed Non-Executive Independent Director from 13 Dec 2025 to 12 Dec 2030.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/97198efe-9119-497a-8599-b3678854d6f0.pdf) |
| 4 Mar - Inserted Clause III[A](9) enabling commodities trading, derivatives, import-export; approved via postal ballot 4 March 2026. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 4 Mar - Inserted Clause III[A](9) enabling commodities trading, derivatives, import-export; approved via postal ballot 4 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4f2b9040-b766-4c32-97cf-366f1f616544.pdf) |
| 4 Mar - 2 special resolutions passed 4 Mar 2026: regularize Kunjan Rathod as independent director; amend MOA object clause. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 4 Mar - 2 special resolutions passed 4 Mar 2026: regularize Kunjan Rathod as independent director; amend MOA object clause.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/317eff2d-e96d-428e-ac1e-87aecf20519b.pdf) |
| 4 Feb - Board approved unaudited standalone and consolidated Q3 results for quarter ended Dec 31, 2025; limited review unqualified. | [Board Meeting Outcome for Unaudited Financial Results For The Third Quarter Ended 31St December 2025. 4 Feb - Board approved unaudited standalone and consolidated Q3 results for quarter ended Dec 31, 2025; limited review unqualified.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2f03544-4324-4810-b750-91981bdf124b.pdf) |
| 4 Apr - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended on March 31, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended on March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d4b49d5-ecf8-4c59-878a-a3f13655376f.pdf) |
| 27 Feb - Income-tax assessment order dated 25 Feb 2026; demand Rs.1.28 crore; company will appeal. | [Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015, ('Listing Regulations') Read With Schedule III Of The SEBI Listing Regulations, As Amended From Time To Time, This Is To Inform You That The Company Has Received Income Tax Assessment Order For AY.2024-25. 27 Feb - Income-tax assessment order dated 25 Feb 2026; demand Rs.1.28 crore; company will appeal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac7ff091-cd10-4780-88b6-d749ed9a4035.pdf) |
| 24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for quarter/year ended 31 March 2026. | [Closure of Trading Window 24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for quarter/year ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9012f688-7461-4c7f-a72a-e27b1697cfda.pdf) |
| 23 Mar - Independent directors met 23 Mar 2026; reviewed board, chair performance and information flow. | [Board Meeting Outcome for Outcome Of Separate Meeting Of Independent Directors Of The Company 23 Mar - Independent directors met 23 Mar 2026; reviewed board, chair performance and information flow.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b1cfc9f-37b6-4d85-966b-e60ec114ca2e.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/8b3eda5c-0d38-45fe-99c3-6d669d4f19da.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae045089-8870-4103-8221-36dfbe98c315.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/130ab5ff-e295-49f2-abe9-ed90a5907db5.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55d762d3-ee36-4507-a499-b93e4cb337ed.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/439e31f5-3aaa-412c-be45-7858f6745a4c.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/545a5579-1e56-474a-83a6-3a52e08a070b.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/c17cded3-2082-4fd1-83c4-029f6bf8043f.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/57d96406-8b0a-4614-bf47-e1cc49db47b9.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9137c1aa-404f-4726-a28c-fb8102aaf0a8.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9c99775-1450-43a9-9f8e-04925c7592ce.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e59139f5-6a23-4d3e-9ed9-4eb4814a32a8.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa2bdace-4794-4cdf-8605-cda83cf8a45c.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af2887cf-49e8-4100-9b4c-da181f653c43.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a5a6f8c-8330-400c-adb1-73478f2636e2.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f51508d-bd72-4823-a7e1-61f98ee5ee58.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/24f0e257-7966-4422-a77e-fbb187bf1b83.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/541702/73619541702.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532486/74332532486.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/541702/71713541702.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532486/68885532486.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 2026-09-13T19:16:38.926Z.