---
title: "Machhar Industries Ltd (543934) — Share Price, Financials & Analysis"
symbol: "543934"
company: "Machhar Industries Ltd"
canonical: "https://tapetide.com/stocks/543934"
isin: "INE01BT01015"
nse_symbol: "MACINDLTD"
bse_code: "543934"
sector: "Chemicals"
industry: "Specialty Chemicals"
market_cap_cr: 32.4
generated_at: "2026-09-13T19:40:15.329Z"
---

# Machhar Industries Ltd (543934)

Canonical page: https://tapetide.com/stocks/543934

## Company

- **NSE Symbol:** MACINDLTD
- **BSE Code:** 543934
- **ISIN:** INE01BT01015
- **Sector:** Chemicals
- **Industry:** Specialty Chemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2023-07-07
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** machharind.com

## About

Incorporated in 2008, Machhar Industries Ltd is in the business of conversion of Ammonium Nitrate Melt into Solid form on a Job work basis, and production of Diesel Exhaust Fluid (DEF)[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:34:35.438970Z.

- **Market Cap:** ₹32.4 Cr
- **Classification:** Microcap
- **P/E (reported):** 42.8
- **EPS (TTM):** ₹10.25
- **EPS (reported):** ₹6.2
- **Book Value:** ₹130.8
- **Price to Book:** 3.34
- **Dividend Yield:** 0%
- **ROE:** 1.66%
- **ROCE:** 4.32%
- **Debt to Equity:** 0.25
- **Revenue (yearly):** ₹15.56 Cr
- **Net Income:** ₹0.67 Cr
- **EBITDA:** ₹1.14 Cr
- **52-Week High:** ₹444.4
- **52-Week Low:** ₹221.2
- **RSI (14):** 77.07

## Tapetide Score

- **Score:** 51 / 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:** 52 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 70.43 | 9% |
| growth | 68.26 | 9% |
| momentum | 83.65 | 12% |
| ownership | 37.54 | 24% |
| quality | 57.91 | 22% |
| valuation | 30.69 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Stock is trading at 3.24 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.56% over past five years.
- Company has a low return on equity of 4.00% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 190.48% | 216.67% | 35.71% |
| ebitda margin growth | 25% | 35.78% | -14.47% | — |
| net income growth | 50% | 235% | 18% | -25% |
| revenue growth | 35.56% | -3.35% | -3% | 2% |
| roce | 38.71% | -55.14% | 4.85% | — |
| roe | 81.25% | -75.41% | 3.86% | — |

## 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 | 4.01 | 3.84 | 5.17 | 4.69 | 3.62 | 3.36 | 4.01 | 3.51 | 3.56 | 4.07 | 4.43 | 6.08 |
| Expenses | 3.79 | 3.69 | 4.63 | 4.38 | 3.62 | 3.43 | 3.76 | 3.29 | 3.37 | 3.65 | 4.12 | 5.6 |
| Operating Profit | 0.22 | 0.15 | 0.54 | 0.31 | 0 | -0.07 | 0.25 | 0.22 | 0.19 | 0.42 | 0.31 | 0.48 |
| OPM % | 5.49 | 3.91 | 10.44 | 6.61 | 0 | -2.08 | 6.23 | 6.27 | 5.34 | 10.32 | 7 | 7.89 |
| Other Income | 0.05 | 0.06 | 0.22 | 0.05 | 0.21 | 0.04 | 0.09 | 0.04 | 0.08 | 0.04 | 0.09 | 0.05 |
| Interest | 0.04 | 0.05 | 0.05 | 0.07 | 0.05 | 0.07 | 0.08 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Depreciation | 0.11 | 0.11 | 0.17 | 0.13 | 0.13 | 0.13 | 0.05 | 0.11 | 0.11 | 0.09 | 0.09 | 0.1 |
| Profit before tax | 0.12 | 0.05 | 0.54 | 0.16 | 0.03 | -0.23 | 0.21 | 0.11 | 0.12 | 0.33 | 0.27 | 0.39 |
| Tax % | 25 | 40 | 22.22 | 18.75 | 66.67 | -65.22 | 66.67 | 0 | 91.67 | 12.12 | 37.04 | 28.21 |
| Net Profit | 0.09 | 0.03 | 0.42 | 0.14 | 0.02 | -0.08 | 0.08 | 0.11 | 0.02 | 0.29 | 0.16 | 0.29 |
| EPS in Rs | 1.21 | 0.4 | 5.67 | 1.89 | 0.27 | -1.08 | 1.08 | 1.48 | 0.27 | 3.91 | 2.16 | 3.91 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 14.36 | 19.37 | 18.39 | 14.4 | 16.15 | 17.15 | 16.93 | 15.68 | 15.56 | 18.14 |
| Expenses | 13.07 | 17.84 | 17.57 | 13 | 15.36 | 16.37 | 15.83 | 15.2 | 14.43 | 16.74 |
| Operating Profit | 1.29 | 1.53 | 0.82 | 1.4 | 0.79 | 0.78 | 1.1 | 0.48 | 1.13 | 1.4 |
| OPM % | 8.98 | 7.9 | 4.46 | 9.72 | 4.89 | 4.55 | 6.5 | 3.06 | 7.26 | 7.72 |
| Other Income | 0.32 | 0.49 | 0.31 | 0.27 | 1.01 | 0.26 | 0.38 | 0.39 | 0.26 | 0.26 |
| Interest | 0.15 | 0.17 | 0.18 | 0.17 | 0.07 | 0.22 | 0.2 | 0.26 | 0.16 | 0.16 |
| Depreciation | 0.45 | 0.53 | 0.64 | 0.52 | 0.47 | 0.37 | 0.46 | 0.42 | 0.39 | 0.39 |
| Profit before tax | 1.01 | 1.32 | 0.31 | 0.98 | 1.26 | 0.45 | 0.82 | 0.19 | 0.84 | 1.11 |
| Tax % | 31.68 | 32.58 | -83.87 | -146.94 | 29.37 | 20 | 21.95 | 15.79 | 30.95 | — |
| Net Profit | 0.7 | 0.89 | 0.57 | 2.42 | 0.89 | 0.36 | 0.64 | 0.15 | 0.59 | 0.76 |
| EPS in Rs | 9.45 | 12.01 | 7.69 | 32.66 | 12.01 | 4.86 | 8.64 | 2.02 | 7.96 | 10.25 |
| 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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 | 0.74 |
| Reserves | 1.94 | 2.83 | 10.78 | 9.78 | 10.21 | 10.68 | 8.48 | 8.44 | 8.98 |
| Borrowings | 3.2 | 2.15 | 2.52 | 1.43 | 0.14 | 1.76 | 1.14 | 2.37 | 2.45 |
| Other Liabilities | 4.33 | 5.39 | 5.59 | 2.93 | 2.77 | 1.91 | 1.58 | 1.33 | 1.53 |
| Total Liabilities | 10.21 | 11.11 | 19.63 | 14.88 | 13.86 | 15.09 | 11.94 | 12.88 | 13.7 |
| Fixed Assets | 3.61 | 3.64 | 12.23 | 7.85 | 6.28 | 8.07 | 5 | 4.76 | 4.8 |
| CWIP | 0 | 0 | 0 | 0 | 0.07 | 0 | 0 | 0 | 0 |
| Investments | 0.08 | 0.2 | 0.43 | 0.77 | 0.43 | 0.57 | 0.65 | 1.54 | 1.74 |
| Other Assets | 6.52 | 7.27 | 6.97 | 6.26 | 7.08 | 6.45 | 6.29 | 6.58 | 7.16 |
| Total Assets | 10.21 | 11.11 | 19.63 | 14.88 | 13.86 | 15.09 | 11.94 | 12.88 | 13.7 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | — | 0.98 | 0.4 | 0.07 | -0.17 | 0.19 | 1 |
| Cash from Investing Activity | — | — | — | -0.08 | 1.38 | -1.85 | 0.01 | -0.97 | -0.18 |
| Cash from Financing Activity | — | — | — | -1.16 | -1.37 | 1.54 | -0.82 | 0.98 | -0.08 |
| Net Cash Flow | — | — | — | -0.27 | 0.41 | -0.25 | -0.98 | 0.21 | 0.74 |
| Free Cash Flow | — | — | — | 1 | 1.01 | -2.02 | -0.49 | 0.03 | 0.58 |
| CFO/OP | — | — | — | 82 | 75 | 65 | -12 | 27 | 94 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 46.01 | 41.46 | 29.57 | 31.43 | 39.55 | 17.88 | 37.3 | 36.78 | 38 |
| Inventory Days | — | — | — | — | — | — | 82.95 | 136.03 | 154.81 |
| Days Payable | — | — | — | — | — | — | 141.02 | 80.81 | 88.1 |
| Cash Conversion Cycle | 46.01 | 41.46 | 29.57 | 31.43 | 39.55 | 17.88 | -20.77 | 92 | 104.71 |
| Working Capital Days | -36.09 | -39.38 | -55.38 | -37.77 | 7.01 | 7.24 | 38.38 | 12.1 | 40.35 |
| ROCE % | — | 25.52 | — | 8.85 | 6.08 | 5.52 | 7.31 | 3.83 | 8.43 |

## 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 | 50.52% | 50.52% | 50.52% | 50.52% | 50.52% | 50.52% | 50.52% | 50.52% | 50.52% | 50.52% | 50.52% | 50.52% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.07% | 0.07% | 5.32% | 0.48% | 0.48% | 0.48% | 5.32% | 5.32% | 5.32% | 5.32% | 5.32% | 0.48% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 35.08% | 35.21% | 35.11% | 35.22% | 35.23% | 35.13% | 35.22% | 35.22% | 35.21% | 35.17% | 35.18% | 35.17% |
| Others | 14.32% | 14.2% | 9.05% | 13.78% | 13.77% | 13.87% | 8.94% | 8.94% | 8.95% | 9% | 8.98% | 13.83% |
| No. of Shareholders | 10265 | 10260 | 10279 | 10330 | 10416 | 10401 | 10401 | 10393 | 10383 | 10362 | 10355 | 10341 |

## 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 / 4 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 391.72 | Buy |
| EMA (10) | 400.23 | Buy |
| SMA (20) | 366.39 | Buy |
| EMA (20) | 377.46 | Buy |
| SMA (50) | 342.85 | Buy |
| EMA (50) | 354.18 | Buy |
| SMA (100) | 337.95 | Buy |
| EMA (100) | 340.06 | Buy |
| SMA (200) | 313.24 | Buy |
| EMA (200) | 332.64 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 70.54 | Sell |
| MACD (12,26,9) | 24.42 | Buy |
| Stochastic (14,3,3) | 91.27 | Sell |
| ADX (14) | 21.85 | Neutral |
| Williams %R (14) | -19.3 | Sell |
| ATR (14) | 15.22 | High Volatility |
| ROC (12) | 24.65 | Buy |
| Stoch RSI (14) | 74.54 | Neutral |
| UO (7,14,28) | 64.13 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-27 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5951723d-5dc0-408e-94fc-28a556ac491f.pdf) |
| 2026-08-25 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3da75f07-f51a-4518-8817-a89362320f0d.pdf) |
| 2026-08-25 | [Intimation Of Notice Of 18Th Annual General Meeting (AGM) Of Company. This Is To Inform You That The 18Th Annual General Meeting (AGM) Of The Company Is Scheduled To Be Held On Tuesday 22Nd September 2026 At 2:30 P.M. Further Please Note That The Co](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14666880-979b-4259-b0ad-6698669765b1.pdf) |
| 2026-08-25 | [Intimation Of 18Th Annual General Meeting Notice Of AGM And Annual Report To Members](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc9538d0-6088-4974-af86-b1aaaa60ed0f.pdf) |
| 2026-07-16 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 16Th July 2026 Under Regulations 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=859618e5-9bde-4ffa-8c79-e9ae3a038c7e.pdf) |
| 2026-07-16 | [Outcome Of Board Meeting Held On 16Th July 2026 Under Regulations 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a673dff7-73c9-40e6-8d20-e9d528e3658e.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38c3fb5f-8559-423d-8cb3-985adf1642fe.pdf) |
| 2026-07-10 | [Board Meeting Intimation for Submission Of Information Under Clause 29 Of The SEBI (LODR) Regulation 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a93cd75a-c2bf-4e4d-8125-a6403a9fdf8c.pdf) |
| 2026-06-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67f6785e-6fc4-4eaf-8119-68ca6f30f57a.pdf) |
| 2026-05-24 | [Outcome Of Board Meeting Held On 23Rd May 2026 Under Regulations 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c237b4d2-7225-4c5b-9757-0c895b06349d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-16 | [Outcome Of Board Meeting Held On 16Th July 2026 Under Regulations 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79a39eb4-a641-4257-8d3d-6d8e6074a3a6.pdf) |
| 2026-05-24 | [Results Of Board Meeting Held On 23Rd May 2026 Under Regulations 30 Of The Securities And Exchange Board Of India (Listing Obligation And Disclosure Requirements) Regulations 2015 (SEBI Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e1bc9cb-59ad-4fd5-b17b-c243e27459b4.pdf) |
| 2026-01-22 | [QUARTERLY FINANCIAL RESULTS- OUTCOME OF BOARD OF DIRECTORS MEETING HELD ON 20TH JANUARY 2026 ADJOURNED AND CONCLUDED ON 22ND JANUARY 2026 - MACHHAR INDUSTRIES LIMITED.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=357394b4-c85e-4c32-89e3-e94c818d711e.pdf) |
| 2025-11-11 | [Outcome Of Board Of Directors Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67a8d23d-eb53-46ee-9151-0322df8b13c4.pdf) |
| 2025-08-05 | [OUTCOME OF THE RESULTS FOR THE QUARTER ENDED AS ON 30TH JUNE 2025 AND OTHER MATTER](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f4b58a7-7c30-4420-b5c9-242dd7451f78.pdf) |
| 2025-05-28 | [OUTCOME OF THE BOARD OF DIRECTORS MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3eb5309-1283-4307-a847-0947458f1224.pdf) |
| 2025-01-20 | [OUTCOME OF BOARD OF DIRECTORS MEETING HELD ON 20TH JAN 2025 - MACHHAR INDUSTRIES LIMITED](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=087395b3-3830-4788-83a4-c379d0a2cf1b.pdf) |
| 2024-10-23 | [OUTCOME OF THE BOARD OF DIRECTORS MEETING HELD ON 23 OCT 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0eba240-75b1-4188-a918-e9e0a2f433ec.pdf) |
| 2024-10-23 | [OUTCOME OF THE BOARD OF DIRECTORS MEETING HELD ON 23RD OCT 2024 FOR THE STANDALONE AND QUARTERLY RESULTS FOR THE SECOND QUARTER](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49a09de9-561b-4115-ab56-52f75de0eb4b.pdf) |
| 2024-07-31 | [Outcome Of Board Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c711cd25-9618-4b54-8162-28143371ca78.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Board meets 23 May 2026 to approve FY2025-26 audited quarterly and yearly results. | [Board Meeting Intimation for Submission Of Information Under Clause 29 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations, 2015 9h - Board meets 23 May 2026 to approve FY2025-26 audited quarterly and yearly results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/52c0315c-1a29-4939-8e67-be0a0c62f014.pdf) |
| 8h - 7th CoC meeting for Reliance Home Finance (CIRP) on March 9, 2026, 03:30 IST via video conference. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 8h - 7th CoC meeting for Reliance Home Finance (CIRP) on March 9, 2026, 03:30 IST via video conference.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ef56fa15-9779-4ac2-bda1-c7b7178699f4.pdf) |
| 8 Jan - Post-facto intimation: 5th CoC meeting of Reliance Home Finance held Jan 8, 2026 at 11:30 AM (VC). | [Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors 8 Jan - Post-facto intimation: 5th CoC meeting of Reliance Home Finance held Jan 8, 2026 at 11:30 AM (VC).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d30d8db6-00e3-40cc-984d-bf1a28640b73.pdf) |
| 7 Jan - Reliance Home Finance CoC meeting rescheduled to Jan 08, 2026 11:30 AM IST via video conferencing. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 7 Jan - Reliance Home Finance CoC meeting rescheduled to Jan 08, 2026 11:30 AM IST via video conferencing.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9c87a19-cfb0-4569-8650-124e547e9ad2.pdf) |
| 7 Jan - Prior intimation of 5th CoC meeting for Reliance Home Finance on Jan 07, 2026, 4:30 PM. | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors 7 Jan - Prior intimation of 5th CoC meeting for Reliance Home Finance on Jan 07, 2026, 4:30 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a29a0caf-18a3-4142-a2c1-db270b43edb1.pdf) |
| 7 Apr - Of Compliance Certificate pursuant to Regulation 74 (5) of SEBI (DP) Regulations 2018 received from RTA agent for the Quarter ended as on 31st March, … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Of Compliance Certificate pursuant to Regulation 74 (5) of SEBI (DP) Regulations 2018 received from RTA agent for the Quarter ended as on 31st March, …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5c75126-fbe5-4dc0-afee-8d9080982aba.pdf) |
| 5 May - Machhar Industries confirms it is not a Large Corporate; outstanding borrowings were Rs. 0.83 crore as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 5 May - Machhar Industries confirms it is not a Large Corporate; outstanding borrowings were Rs. 0.83 crore as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b5ff0aec-c9dd-41ed-99a9-84efced12de0.pdf) |
| 31 Mar - Re-appointment of Mr Vyankat W. Katkar as Whole-Time Director Apr 1,2026–Sep 30,2027; JV strike-off deferred. | [Re-Appointment Of Whole Director Of The Company 31 Mar - Re-appointment of Mr Vyankat W. Katkar as Whole-Time Director Apr 1,2026–Sep 30,2027; JV strike-off deferred.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d14b6dd-41b3-4730-8892-a49473cad1a2.pdf) |
| 31 Mar - Board reappointed Mr Vyankat W. Katkar as Whole-Time Director from 1 Apr 2026 to 30 Sep 2027; shareholder approval pending. | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 3ST MARCH, 2026 31 Mar - Board reappointed Mr Vyankat W. Katkar as Whole-Time Director from 1 Apr 2026 to 30 Sep 2027; shareholder approval pending.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d7141fc-9f99-4d6e-a4b4-5d75dd7e6478.pdf) |
| 24 Mar - Board meeting on 31 March 2026 to consider re-appointment of whole-time director and other regular business. | [Board Meeting Intimation for Re-Appointment Of Whole Time Director Of The Company And Other Regular Business As Per Agenda Of The Company 24 Mar - Board meeting on 31 March 2026 to consider re-appointment of whole-time director and other regular business.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6bfbe100-6951-4ce4-bdad-42c43e792fac.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0036061e-f2a9-4e3f-b75e-2e9c3dce03cd.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be35f146-d940-4636-a9fe-ab41966845f7.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b4db4f4b-a0d0-48ad-990f-fe7fae673b41.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/badb844a-529b-4619-95db-b8958fe91f8e.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/540709/73095540709.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/540709/69731540709.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/540709/5407090320.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/540709/5407090319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/540709/5407090318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2018 | [Concall - Sep 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/9/15778f28-40da-463f-bd62-41de78bd3706.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/bc97fbd8-84cf-48eb-8c9c-c36c23653b29.pdf) |
| Feb 2019 | [Concall - Feb 2019](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/2/97aebad6-aab0-4c18-b6e3-9b32ec798307.pdf) |
| Feb 2018 | [Concall - Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/a6a0dc5a-9e4c-41c0-ab4c-a9898757c7e7.pdf) |
| Apr 2018 | [Concall - Apr 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/f3812f63-30a9-456e-9162-863cdf14b253.pdf) |

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