---
title: "Agarwal Industrial Corporation Ltd (AGARIND) — Share Price, Financials & Analysis"
symbol: "AGARIND"
company: "Agarwal Industrial Corporation Ltd"
canonical: "https://tapetide.com/stocks/AGARIND"
isin: "INE204E01012"
nse_symbol: "AGARIND"
bse_code: "531921"
sector: "Chemicals"
industry: "Petrochemicals"
market_cap_cr: 637.65
generated_at: "2026-09-13T19:16:33.767Z"
---

# Agarwal Industrial Corporation Ltd (AGARIND)

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

## Company

- **NSE Symbol:** AGARIND
- **BSE Code:** 531921
- **ISIN:** INE204E01012
- **Sector:** Chemicals
- **Industry:** Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2014-05-26
- **CEO:** Mr. Jaiprakash Rahulkumar Agarwal
- **Employees:** 102
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** aicltd.in

## About

Agarwal Industrial Corporation Ltd is primarily engaged in the business activities of manufacturing and trading of Petrochemicals (Bitumen and Bituminous Products), logistics of bitumen and liquefied Petroleum Gas and energy generation through Wind Mills.[1]

## Latest Price

- **Price:** ₹431.75
- **Change:** -2.1 (-0.48%)
- **Open:** ₹428.8
- **Day High:** ₹434.5
- **Day Low:** ₹421
- **Previous Close:** ₹433.85
- **Volume:** 45584
- **As Of:** 2026-09-11T09:59:49+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:44.350606Z.

- **Market Cap:** ₹637.65 Cr
- **Classification:** Microcap
- **P/E (reported):** 15.9
- **P/E (TTM):** 15.79
- **EPS (TTM):** ₹27.34
- **EPS (reported):** ₹80.66
- **Book Value:** ₹460.64
- **Price to Book:** 0.94
- **Dividend Yield:** 0.76%
- **ROE:** 6.32%
- **ROCE:** 10.12%
- **Debt to Equity:** 0.49
- **Revenue (yearly):** ₹1669.8 Cr
- **Net Income:** ₹43.6 Cr
- **EBITDA:** ₹134.9 Cr
- **52-Week High:** ₹1006
- **52-Week Low:** ₹360
- **RSI (14):** 32.57

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 28.02 | 9% |
| growth | 1.1 | 9% |
| momentum | 24.76 | 12% |
| ownership | 45.16 | 24% |
| quality | 79.27 | 22% |
| valuation | 68.36 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.94 times its book value
- Company's median sales growth is 20.5% of last 10 years

### Weaknesses

- Company might be capitalizing the interest cost
- Dividend payout has been low at 6.57% of profits over last 3 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 135.29% | 109.22% | 263.19% |
| ebitda margin growth | -16.2% | -8.49% | -3.23% | 18.13% |
| net income growth | -34.18% | -62.32% | -23% | 0% |
| revenue growth | 5.9% | -30.7% | -6% | 13% |
| roce | -26.4% | -49.8% | -52.6% | 20.42% |
| roe | -34.29% | -65.75% | 15.38% | -70.77% |

## 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 | 232 | 488 | 776 | 708 | 326 | 542 | 823 | 594 | 245 | 408 | 405 | 433 |
| Expenses | 205 | 444 | 716 | 648 | 290 | 489 | 770 | 557 | 217 | 388 | 373 | 403 |
| Operating Profit | 27 | 44 | 60 | 60 | 35 | 53 | 54 | 36 | 28 | 21 | 32 | 30 |
| OPM % | 12 | 9 | 8 | 8 | 11 | 10 | 6 | 6 | 11 | 5 | 8 | 7 |
| Other Income | 2 | 1 | 2 | 2 | 2 | 2 | 5 | 2 | 5 | 5 | 6 | 3 |
| Interest | 4 | 5 | 8 | 8 | 6 | 7 | 9 | 8 | 7 | 7 | 5 | 5 |
| Depreciation | 7 | 7 | 10 | 10 | 10 | 15 | 12 | 13 | 13 | 13 | 13 | 14 |
| Profit before tax | 18 | 33 | 44 | 44 | 20 | 34 | 37 | 17 | 14 | 5 | 20 | 14 |
| Tax % | 12 | 17 | 13 | 11 | 9 | 18 | 17 | 22 | 12 | 40 | 23 | 24 |
| Net Profit | 16 | 28 | 38 | 39 | 18 | 28 | 31 | 13 | 12 | 3 | 16 | 10 |
| EPS in Rs | 10.7 | 18.47 | 25.41 | 26.07 | 12.33 | 18.52 | 20.42 | 8.71 | 8.02 | 1.87 | 10.53 | 6.92 |

### 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 | 414 | 531 | 787 | 904 | 1598 | 2015 | 2125 | 2399 | 1652 | 1492 |
| Expenses | 383 | 494 | 741 | 832 | 1492 | 1879 | 1952 | 2197 | 1535 | 1381 |
| Operating Profit | 31 | 37 | 46 | 71 | 106 | 136 | 173 | 202 | 117 | 111 |
| OPM % | 7 | 7 | 6 | 8 | 7 | 7 | 8 | 8 | 7 | 7 |
| Other Income | 1 | 1 | 3 | 2 | 4 | 9 | 5 | 11 | 18 | 19 |
| Interest | 9 | 9 | 9 | 10 | 12 | 12 | 21 | 30 | 28 | 25 |
| Depreciation | 8 | 8 | 9 | 14 | 20 | 23 | 30 | 48 | 52 | 53 |
| Profit before tax | 15 | 20 | 31 | 49 | 78 | 110 | 127 | 135 | 55 | 52 |
| Tax % | 30 | 34 | 18 | 17 | 18 | 16 | 14 | 14 | 21 | — |
| Net Profit | 10 | 13 | 26 | 41 | 64 | 92 | 109 | 116 | 44 | 41 |
| EPS in Rs | 10.02 | 13.11 | 24.91 | 39.51 | 48.22 | 61.68 | 73.02 | 77.34 | 29.13 | 27.34 |
| Dividend Payout % | 15 | 14 | 6 | 5 | 4 | 4 | 4 | 4 | 11 | — |

### 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 | 10 | 10 | 10 | 10 | 13 | 15 | 15 | 15 | 15 |
| Reserves | 101 | 112 | 123 | 147 | 186 | 281 | 389 | 496 | 612 | 674 |
| Borrowings | 74 | 96 | 77 | 90 | 150 | 171 | 158 | 361 | 435 | 341 |
| Other Liabilities | 17 | 21 | 17 | 52 | 50 | 78 | 188 | 248 | 282 | 172 |
| Total Liabilities | 201 | 238 | 227 | 300 | 395 | 543 | 750 | 1120 | 1344 | 1202 |
| Fixed Assets | 44 | 62 | 57 | 102 | 160 | 219 | 341 | 589 | 691 | 718 |
| CWIP | 8 | 0 | 1 | 3 | 1 | 3 | 7 | 0 | 16 | 31 |
| Investments | 6 | 9 | 9 | 7 | 6 | 12 | 26 | 36 | 34 | 38 |
| Other Assets | 143 | 168 | 161 | 188 | 229 | 309 | 376 | 495 | 604 | 415 |
| Total Assets | 201 | 238 | 227 | 300 | 395 | 543 | 750 | 1120 | 1344 | 1202 |

### 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 | -12 | 8 | 30 | 49 | 49 | 65 | 157 | 112 | 100 | 235 |
| Cash from Investing Activity | -21 | -20 | -4 | -54 | -44 | -69 | -158 | -276 | -157 | -89 |
| Cash from Financing Activity | 27 | 10 | -27 | 7 | 21 | 19 | -15 | 178 | 40 | -128 |
| Net Cash Flow | -6 | -1 | -1 | 2 | 27 | 14 | -17 | 13 | -18 | 18 |
| Free Cash Flow | -30 | -10 | 26 | -7 | 4 | 0 | 9 | -158 | -65 | 164 |
| CFO/OP | -32 | 45 | 92 | 123 | 78 | 74 | 129 | 75 | 60 | 212 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 129 | 100 | 78 | 64 | 54 | 37 | 35 | 46 | 41 | 34 |
| Inventory Days | 29 | 43 | 23 | 16 | 24 | 18 | 25 | 28 | 38 | 35 |
| Days Payable | 4 | 16 | 6 | 24 | 17 | 15 | 36 | 47 | 50 | 44 |
| Cash Conversion Cycle | 154 | 126 | 95 | 56 | 62 | 40 | 25 | 26 | 29 | 24 |
| Working Capital Days | 70 | 55 | 49 | 20 | 22 | 13 | 14 | 0 | 0 | -12 |
| ROCE % | 13 | 12 | 14 | 17 | 20 | 22 | 23 | 20 | 17 | 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 | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% |
| FIIs | 6.24% | 6.24% | 6.32% | 5.97% | 5.51% | 6.27% | 5.99% | 6.04% | 5.91% | 5.05% | 4.69% | 2.36% |
| DIIs | 0.08% | 0% | 0.17% | 0.48% | 0.38% | 0.38% | 0.54% | 0.01% | 0.01% | 0.01% | 0.01% | 0.06% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.5% | 29.43% | 29.04% | 28.73% | 29.49% | 28.12% | 28.26% | 28.5% | 28.6% | 29.14% | 28.8% | 32.3% |
| Others | 6.98% | 7.14% | 7.26% | 7.61% | 7.42% | 8.04% | 8.02% | 8.25% | 8.28% | 8.61% | 9.31% | 8.08% |
| No. of Shareholders | 17765 | 16672 | 16562 | 20887 | 22835 | 20553 | 20119 | 20011 | 20094 | 19379 | 18780 | 19959 |

## 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 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 443.68 | Sell |
| EMA (10) | 445.86 | Sell |
| SMA (20) | 463.56 | Sell |
| EMA (20) | 459.68 | Sell |
| SMA (50) | 491.15 | Sell |
| EMA (50) | 478.84 | Sell |
| SMA (100) | 479.69 | Sell |
| EMA (100) | 497.2 | Sell |
| SMA (200) | 544.99 | Sell |
| EMA (200) | 566.68 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.92 | Neutral |
| MACD (12,26,9) | -17.03 | Sell |
| Stochastic (14,3,3) | 15 | Buy |
| ADX (14) | 29.24 | Buy |
| Williams %R (14) | -83.9 | Buy |
| ATR (14) | 16.77 | High Volatility |
| ROC (12) | -8.18 | Sell |
| Stoch RSI (14) | 49.06 | Neutral |
| UO (7,14,28) | 43.8 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06bf83c4-59df-4ab4-ae65-208964571590.pdf) |
| 2026-08-29 | [Shareholders Meeting On 24/09/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=03d5918d-824c-46f6-ae7a-01c38be0cb3b.pdf) |
| 2026-08-29 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68234f96-d3b6-4bcc-a94a-0927c102fc0f.pdf) |
| 2026-08-29 | [Letter Sent To Shareholders Pursuant To Regulation 36(1)(B) Of SEBI (LODR) Regulations2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cc40a73-dfbb-4db9-ba4f-5a6858a5cbfb.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6369a19e-dfc5-415d-8e21-4acfc875869b.pdf) |
| 2026-08-18 | [Corporate Action-Board to consider Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32cd63a5-1599-4468-9828-6327420c9804.pdf) |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=593fda77-8eb8-4617-b447-b0e4a596f06b.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Board Meeting Held On August 13 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6168ba0d-5e7e-47f2-9818-12eae9727e3f.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=636be5a2-1174-4e9d-a350-30996328d7ca.pdf) |
| 2026-08-13 | [Corporate Action-Board to consider Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39b85af1-7f30-4699-befc-659200b12bbd.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results For The 30-06-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e17604b8-fc68-4c65-9f26-7e1590505f29.pdf) |
| 2026-05-29 | [Audited Financial Results (Standalone And Consolidated) For Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed24f45d-0f3d-4479-8a49-55825c2e39d2.pdf) |
| 2026-02-14 | [Approval Of Unaudited Financial Results (Standalone And Consolidated) For Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4b8a9ee-c334-425a-a521-04867f94c589.pdf) |
| 2025-02-13 | [Outcome And Financial Result Of Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e3a78a6-eb6e-4242-9343-b150dc35e79f.pdf) |
| 2024-11-13 | [Outcome Of Board Meeting Along With Financial Results For Quarter And Half Year Ended 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67a5491c-e686-4075-8547-d9894f386969.pdf) |
| 2024-08-07 | [Outcome Of The Board Meeting Held On August 07, 2024 And Submission Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended 30Th June, 2024 As Per SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1406444b-8ed4-483d-b46e-fd51f171e0a1.pdf) |
| 2024-05-27 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING DATED 27TH MAY 2024 WITH FINANCIAL RESULTS FOR QURTER AND YEAR ENDED 31ST MARCH 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98e4ad36-3a8c-4e9e-a864-1195dda81073.pdf) |
| 2024-05-27 | [Outcome Of The Meeting Of Board Of Directors Of Agarwal Industrial Corporation Limited Held Today I.E. Monday 27Th May, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49050d80-3d46-407c-9c26-745ba1357a44.pdf) |
| 2024-02-13 | [Outcome Of Board Meeting And Result For Quarter Ended 31.12.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=692273a9-5b09-40a3-9470-47d7331e3449.pdf) |
| 2023-11-10 | [Outcome Of The Board Meeting Held On November 10, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71ba14e1-eab5-4832-8da5-3e16f0f684c6.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6h - Completed acquisition of 100% of Alric Electric Pvt Ltd for Rs1.11 crore on 6 March 2026. | [SPECTRUM: Spectrum Electrical Industries Limited Has informed About The Acquisition Of 100% Stake In Alric Electric Private Limited (Target Company). 6h - Completed acquisition of 100% of Alric Electric Pvt Ltd for Rs1.11 crore on 6 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e4075422-925c-40cb-80bd-fb8eae8304b8.pdf) |
| 5 May - Bulk Bitumen Storage commercial operations commenced at Mangalore facilities, strengthening supply chain capabilities. | [Announcement 5 May - Bulk Bitumen Storage commercial operations commenced at Mangalore facilities, strengthening supply chain capabilities.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a6d32894-6e6c-4450-bd5e-9412b010ee96.pdf) |
| 4 Feb - Board approved on Feb 4, 2026 acquisition of 100% Alric Electric for up to Rs.1.25 crore, completion within 30 days. | [Board Meeting Outcome for SPECTRUM : Spectrum Electrical Industries Limited Has informed Regarding Outcome Of Board Meeting Held On February 04, 2026. 4 Feb - Board approved on Feb 4, 2026 acquisition of 100% Alric Electric for up to Rs.1.25 crore, completion within 30 days.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38f99d39-ce60-42f1-a5b5-8ce4f5d2a287.pdf) |
| 30 Jan - Board meeting scheduled 4 Feb 2026 to consider and approve general business matters. | [Board Meeting Intimation for Spectrum Electrical Industries Limited Has informed Regarding Intimation Of Board Meeting To Consider And Approve The General Business Matters Of The Company 30 Jan - Board meeting scheduled 4 Feb 2026 to consider and approve general business matters.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3bc7103f-0b3a-4e2e-816f-cbb2cb634db3.pdf) |
| 28 Apr - Company confirms it is not a large corporate; no initial or annual disclosure required. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - Company confirms it is not a large corporate; no initial or annual disclosure required.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bbcb061a-cbdf-4669-9006-5ebf1ed6aa7f.pdf) |
| 28 Apr - Company confirms it is not a large corporate; no initial or annual disclosure required. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - Company confirms it is not a large corporate; no initial or annual disclosure required.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/bbcb061a-cbdf-4669-9006-5ebf1ed6aa7f.pdf) |
| 25 Apr - Newspaper Publication for Second 100 days campaign | [Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Apr - Newspaper Publication for Second 100 days campaign](https://www.bseindia.com/xml-data/corpfiling/AttachHis/208d2a79-a4fb-4290-8c00-4b951f92bfec.pdf) |
| 24 Jan - Spectrum Electrical Industries Limited has informed about copy of Newspaper publication | [Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Jan - Spectrum Electrical Industries Limited has informed about copy of Newspaper publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0bdc4678-e351-4c7d-804a-56182fdce857.pdf) |
| 23 Mar - Trading window closed April 1, 2026 until 48 hours after audited results for quarter, year ended March 31, 2026. | [Closure of Trading Window 23 Mar - Trading window closed April 1, 2026 until 48 hours after audited results for quarter, year ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e295a227-ae00-4ace-90cc-84288f78b6b2.pdf) |
| 22 Jan - Board approved Q3/nine-month unaudited results; consolidated revenue Rs12,650.58L; PAT Rs1,020.67L; QIP pending Rs720.86L | [Board Meeting Outcome for Spectrum Electrical Industries Limited Has Submitted To The Exchange, The Financial Results For The Period Ended December 31, 2025 22 Jan - Board approved Q3/nine-month unaudited results; consolidated revenue Rs12,650.58L; PAT Rs1,020.67L; QIP pending Rs720.86L](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5bcef9d3-a914-43f1-adaa-fc058adba1d5.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2025-08-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=893dd383-61a2-4571-816b-7d5c2df454bb.pdf) |
| 2025-06-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0665e075-7f9a-4f73-9503-acc2674d3167.pdf) |
| 2024-12-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae54e0bc-1ef4-4da1-a5d9-72ac40dc7659.pdf) |
| 2024-06-10 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=717b9722-abf6-4bb8-afc5-cc76b7ba68bd.pdf) |
| 2024-02-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b1deee7-2fe4-4f91-b6a4-15914d0818b2.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-08-19 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b60c72d6-0f94-41f7-80cd-cd0417df5534.pdf) |
| 2025-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d15d19e7-171a-424c-8c95-94d48e197cc2.pdf) |
| 2025-02-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d140aea2-f779-4899-9a53-ecf77e538eff.pdf) |
| 2025-02-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91bf4d2f-70a2-4a8e-91b0-440326669382.pdf) |
| 2025-02-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7bdeb397-2c93-4d5b-8b59-b0a913b44d66.pdf) |
| 2025-02-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d457582-d433-4d48-a192-fc6b77edc6a9.pdf) |
| 2024-11-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52e131f6-f217-4500-be6e-6394214d31f0.pdf) |
| 2024-06-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a309a2c-24a5-461d-85fe-ed60a1d468fd.pdf) |
| 2023-11-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=74534c8e-433d-4e4a-806f-607fdcfd4b69.pdf) |
| 2023-06-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a353f4f4-f643-4807-9fe0-a7a457d9dfa6.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f7566f25-23f7-4b64-b944-11a247bf03d9.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f7566f25-23f7-4b64-b944-11a247bf03d9.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ce091e1-294e-4003-a1ff-11d5b6e45115.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ce091e1-294e-4003-a1ff-11d5b6e45115.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af3fec0f-3dbf-4e1c-bad3-afc12dd8acbf.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc2929e1-5c12-4c10-a1c6-037b281780c1.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af3fec0f-3dbf-4e1c-bad3-afc12dd8acbf.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5117a12c-d00f-4177-b005-b5176aab9b07.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9709e4a1-3ce3-4976-93db-7cb79206a445.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5117a12c-d00f-4177-b005-b5176aab9b07.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2025-05-28 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=461eaabf-6e61-4349-9f3b-12b8f98b5647.pdf) |
| 2025-03-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0005214d-1787-4770-9c20-1a8c2b935ab6.pdf) |
| 2024-11-28 | [Audio Link Of Investor Meet Held On 27Th November 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b678742e-f50d-4326-867b-7f8d24b197c5.pdf) |
| 2023-11-25 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=daa24ece-cbb0-459e-b9b7-72e69a958b1b.pdf) |
| 2023-11-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=588b9337-e269-4ffa-9739-aea2ed3f641b.pdf) |
| 2023-06-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e289b07-e2de-4c16-a1f9-ae64b93bc748.pdf) |
| 2023-02-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42223d30-e780-48d8-9a34-a72cbdd60e6b.pdf) |
| 2022-11-18 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca2fa8b6-9e70-40b6-ae83-086d32e2b2eb.pdf) |
| 2022-05-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa45aacf-e40a-41e9-adbc-78e9eacdef38.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25963_SPECTRUM_2023_2024_06092024143931.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23579_SPECTRUM_2022_2023_05092023202959_09052023210011.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21506_SPECTRUM_2021_2022_06092022174208_09062022180025.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19606_SPECTRUM_2020_2021_07092021172602_09072021180009.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17468_SPECTRUM_2019_2020_06092020200114_06092020210002.zip) |
| from nse | [Financial Year 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15843_SPECTRUM_2018_2019_05092019205220_05092019210013.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5626ed51-bcd3-4420-ad17-f2560ec3a46e.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94fcd63b-4c47-475f-a840-532f936b6806.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac712bc1-4ce5-49ba-af34-fdee786766a9.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d406eb8f-e451-40b3-9c5d-1ec312d5c0af.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 2026-09-13T19:16:33.767Z.