---
title: "Aries Agro Ltd (ARIES) — Share Price, Financials & Analysis"
symbol: "ARIES"
company: "Aries Agro Ltd"
canonical: "https://tapetide.com/stocks/ARIES"
isin: "INE298I01015"
nse_symbol: "ARIES"
bse_code: "532935"
sector: "Chemicals"
industry: "Fertilizers"
market_cap_cr: 585.59
generated_at: "2026-09-13T19:15:33.929Z"
---

# Aries Agro Ltd (ARIES)

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

## Company

- **NSE Symbol:** ARIES
- **BSE Code:** 532935
- **ISIN:** INE298I01015
- **Sector:** Chemicals
- **Industry:** Fertilizers
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2008-01-11
- **CEO:** Dr. Rahul Mirchandani ; Mba; Ph.D., B. Com; CFA
- **Employees:** 1196
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ariesagro.com

## About

Incorporated in 1969, Aries Agro Ltd offers products in the primary, secondary and microfertilizer sector, ranging from individual elements to mixed specialty plant nutrient fertilizers[1]

## Latest Price

- **Price:** ₹475.6
- **Change:** +7 (+1.49%)
- **Open:** ₹462
- **Day High:** ₹485
- **Day Low:** ₹445.2
- **Previous Close:** ₹468.6
- **Volume:** 24528
- **As Of:** 2026-09-11T09:59:32+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:48.435063Z.

- **Market Cap:** ₹585.59 Cr
- **Classification:** Microcap
- **P/E (reported):** 12.8
- **P/E (TTM):** 12.95
- **EPS (TTM):** ₹36.72
- **Book Value:** ₹257.13
- **Price to Book:** 1.81
- **Dividend Yield:** 0.53%
- **ROE:** 11.41%
- **ROCE:** 18.18%
- **Debt to Equity:** 0.17
- **Revenue (yearly):** ₹740.06 Cr
- **Net Income:** ₹45.05 Cr
- **EBITDA:** ₹76.15 Cr
- **52-Week High:** ₹524.75
- **52-Week Low:** ₹285.35
- **RSI (14):** 57.45

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 44.91 | 9% |
| growth | 71.31 | 9% |
| momentum | 91.61 | 12% |
| ownership | 46.25 | 24% |
| quality | 65.41 | 22% |
| valuation | 64.39 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 19.0% CAGR over last 5 years
- Debtor days have improved from 64.6 to 44.8 days.

### Weaknesses

- Company has a low return on equity of 11.4% over last 3 years.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 37.52% | 93.14% | 86.33% |
| ebitda margin growth | 579.25% | -10.75% | -8.45% | -11.14% |
| net income growth | 410.42% | 34.48% | 36% | 19% |
| revenue growth | 3.74% | 18.01% | 17% | 15% |
| roce | -995.6% | 9.39% | 5.21% | 18.08% |
| roe | -410.02% | 64.17% | 8.27% | 44.61% |

## 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 | 158 | 147 | 107 | 135 | 194 | 170 | 128 | 161 | 204 | 202 | 185 | 188 |
| Expenses | 129 | 130 | 108 | 120 | 159 | 149 | 127 | 139 | 166 | 174 | 184 | 160 |
| Operating Profit | 29 | 17 | -1 | 15 | 34 | 22 | 1 | 22 | 38 | 29 | 0 | 27 |
| OPM % | 19 | 12 | -0.8 | 11 | 18 | 13 | 0.8 | 14 | 19 | 14 | 0.2 | 14 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 9 | 4 | 5 | 3 | 8 | 5 | 3 | 5 | 8 | 2 | 3 | 5 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 18 | 11 | -8 | 11 | 24 | 15 | -5 | 14 | 28 | 24 | -6 | 20 |
| Tax % | 31 | 32 | -23 | 32 | 22 | 22 | -20 | 31 | 29 | 27 | -22 | 24 |
| Net Profit | 12 | 8 | -6 | 7 | 19 | 11 | -4 | 10 | 20 | 17 | -5 | 15 |
| EPS in Rs | 9.6 | 6.01 | -4.32 | 5.59 | 14.51 | 8.9 | -2.84 | 7.71 | 15.39 | 13.26 | -3.4 | 11.47 |

### 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 | 291 | 265 | 296 | 381 | 432 | 472 | 516 | 622 | 753 | 779 |
| Expenses | 245 | 222 | 254 | 325 | 386 | 424 | 461 | 554 | 664 | 685 |
| Operating Profit | 46 | 44 | 42 | 57 | 47 | 48 | 55 | 68 | 89 | 94 |
| OPM % | 16 | 16 | 14 | 15 | 11 | 10 | 11 | 11 | 12 | 12 |
| Other Income | 2 | 3 | 5 | 0 | 4 | 9 | 3 | 5 | 0 | 0 |
| Interest | 29 | 29 | 26 | 26 | 24 | 23 | 22 | 19 | 18 | 18 |
| Depreciation | 2 | 2 | 5 | 6 | 6 | 8 | 8 | 9 | 11 | 11 |
| Profit before tax | 17 | 16 | 16 | 25 | 20 | 25 | 28 | 44 | 60 | 65 |
| Tax % | 46 | 50 | 46 | 30 | 36 | 37 | 35 | 25 | 30 | — |
| Net Profit | 9 | 8 | 8 | 16 | 12 | 16 | 18 | 33 | 42 | 47 |
| EPS in Rs | 8.06 | 7.6 | 7.49 | 13.81 | 10.22 | 13.17 | 14.94 | 26.16 | 32.95 | 36.72 |
| Dividend Payout % | 29 | 24 | 7 | 6 | 8 | 8 | 7 | 5 | 8 | — |

### 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 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 162 | 170 | 176 | 181 | 198 | 211 | 230 | 247 | 277 | 321 |
| Borrowings | 137 | 171 | 172 | 150 | 143 | 112 | 100 | 74 | 49 | 56 |
| Other Liabilities | 137 | 123 | 133 | 143 | 148 | 173 | 177 | 184 | 243 | 249 |
| Total Liabilities | 450 | 477 | 494 | 487 | 501 | 509 | 520 | 518 | 581 | 639 |
| Fixed Assets | 71 | 88 | 95 | 48 | 55 | 68 | 75 | 96 | 110 | 116 |
| CWIP | 22 | 14 | 15 | 12 | 13 | 0 | 0 | 2 | 10 | 40 |
| Investments | 0 | 0 | 0 | 59 | 57 | 57 | 62 | 63 | 67 | 84 |
| Other Assets | 357 | 376 | 384 | 368 | 376 | 384 | 382 | 357 | 395 | 398 |
| Total Assets | 450 | 477 | 494 | 487 | 501 | 509 | 520 | 518 | 581 | 639 |

### 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 | 48 | 14 | 44 | 59 | 56 | 69 | 54 | 77 | 105 | 86 |
| Cash from Investing Activity | 13 | -2 | -10 | -41 | -14 | -13 | -16 | -26 | -34 | -78 |
| Cash from Financing Activity | -59 | -12 | -36 | -21 | -43 | -56 | -37 | -50 | -45 | -12 |
| Net Cash Flow | 2 | 0 | -2 | -4 | 0 | 0 | 1 | 1 | 26 | -4 |
| Free Cash Flow | 47 | 4 | 36 | 46 | 42 | 63 | 39 | 46 | 74 | 38 |
| CFO/OP | 128 | 46 | 120 | 155 | 111 | 162 | 126 | 155 | 170 | 114 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 206 | 228 | 256 | 143 | 118 | 100 | 91 | 80 | 69 | 45 |
| Inventory Days | 518 | 363 | 478 | 466 | 271 | 234 | 210 | 177 | 150 | 134 |
| Days Payable | 128 | 165 | 207 | 197 | 101 | 111 | 90 | 66 | 60 | 65 |
| Cash Conversion Cycle | 596 | 426 | 526 | 412 | 288 | 224 | 212 | 191 | 159 | 115 |
| Working Capital Days | 186 | 150 | 156 | 130 | 108 | 109 | 108 | 97 | 74 | 68 |
| ROCE % | 10 | 12 | 12 | 12 | 14 | 13 | 14 | 15 | 18 | 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 | 52.66% | 52.66% | 52.66% | 52.66% | 52.66% | 52.66% | 52.66% | 52.66% | 52.66% | 52.66% | 52.66% | 52.66% |
| FIIs | 2.1% | 2.38% | 3.29% | 3.08% | 2.53% | 3.38% | 2.98% | 4.29% | 3.2% | 2.91% | 3.25% | 3.13% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.26% | 0% | 0% | 0% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 39.99% | 39.43% | 38.36% | 39.24% | 39.26% | 38.45% | 38.71% | 36.07% | 37.33% | 37.73% | 36.71% | 36.91% |
| Others | 5.25% | 5.53% | 5.69% | 5.02% | 5.54% | 5.51% | 5.65% | 6.72% | 6.81% | 6.7% | 7.38% | 7.28% |
| No. of Shareholders | 17899 | 16715 | 19518 | 20518 | 21997 | 21188 | 20503 | 19422 | 19627 | 19151 | 18347 | 18136 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 5 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 482.48 | Sell |
| EMA (10) | 477.89 | Sell |
| SMA (20) | 470.64 | Buy |
| EMA (20) | 461.2 | Buy |
| SMA (50) | 397.21 | Buy |
| EMA (50) | 417.91 | Buy |
| SMA (100) | 373.12 | Buy |
| EMA (100) | 388.69 | Buy |
| SMA (200) | 353.93 | Buy |
| EMA (200) | 365.99 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 59.34 | Neutral |
| MACD (12,26,9) | 25.36 | Sell |
| Stochastic (14,3,3) | 47.73 | Neutral |
| ADX (14) | 40.92 | Buy |
| Williams %R (14) | -53.57 | Neutral |
| ATR (14) | 28 | High Volatility |
| ROC (12) | -5.58 | Sell |
| Stoch RSI (14) | 7.53 | Buy |
| UO (7,14,28) | 50.39 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Re-Lodgement Of Shares August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e880a18b-6cf7-4491-9773-7334a9a5c87b.pdf) |
| 2026-09-04 | [Update On Litigation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=edf49550-e50e-49b0-b9a5-80ffb1dcd965.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d3611e7-69ea-40d8-9c37-5163d382c2dd.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Out Come Of The Board Meeting Held On 11.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23027289-b1d2-4a6f-9cba-527c7297f278.pdf) |
| 2026-08-11 | [Approval At The Board Meeting Held On 11.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b3997a8-c13c-4ac3-b9e0-134a0ee288c2.pdf) |
| 2026-08-11 | [Fixation Of Cut Off/Record Date For Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f0229f5-653c-4d4d-83cd-6410bf04805b.pdf) |
| 2026-08-10 | [Monthly Report On Special Window Re-Lodgement Of Shares- July 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c2594db8-ab71-4f86-b136-f0e8f47260f6.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bdd1a2df-2bf5-46d1-a590-d94d5e69af7d.pdf) |
| 2026-08-03 | [Board Meeting Intimation for Board Meeting On 11.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59d740f2-ee23-45b6-bcf0-bfb7a6fefcee.pdf) |
| 2026-07-09 | [Monthly Report On Special Window Re-Lodgement Of Shares- June2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c5b47d2-b5ff-492f-b828-852300727e87.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Un-Audited Financial Results-30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4716527-3ca3-4709-a952-afcb9db9b1c1.pdf) |
| 2026-05-28 | [Financial Results For The Fourth Quarter And Financial Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9dfec33b-227b-4701-b6b2-5c963bb99e8a.pdf) |
| 2026-02-13 | [Un-Audited Financial Results-31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9299f99-4dcd-4b87-8d7b-1cd3599927c5.pdf) |
| 2025-08-13 | [Un-Audited Financial Results-30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b4613cff-1c95-4809-8cb5-ecc6aed61347.pdf) |
| 2025-05-22 | [Financial Results-31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8610c29d-3827-4ea4-821b-44fc7f80ba80.pdf) |
| 2025-02-13 | [Un-Audited Financial Results-31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6182bd4a-537b-446e-ab7a-257cd7f4cbf7.pdf) |
| 2024-11-08 | [Financial Results-30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=154c6e26-72f5-40bf-b2b7-0f0559897383.pdf) |
| 2024-08-13 | [Results-30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=322d6faf-d543-4f49-bb5e-28752b9e1269.pdf) |
| 2024-05-29 | [Financial Results-31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=161ccb06-5917-4921-8c27-8dafcbd3083b.pdf) |
| 2024-02-14 | [Un-Audited Financial Results For The Third Quarter And Nine Months Ended 31St December, 2023 Together With The Limited Review Report As Per LODR Both For The Standalone And Consolidated Financial Results For The Third Quarter And Nine Months Ended 31St December, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ec40f48-4671-4aef-81c5-077cb10a031e.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - April 2026 special window re-lodgement report shows nil requests, approvals, and rejections. | [Monthly Report On Special Window Re-Lodgement Of Shares-April, 2026 9h - April 2026 special window re-lodgement report shows nil requests, approvals, and rejections.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/42ffa960-258d-482d-afc0-193f9cb9b940.pdf) |
| 8 Jan - Certificate for compliance of regulation 74(5) of the SEBI (Depositories and participants) regulation, 2018 for the quarter ended 31st December, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - Certificate for compliance of regulation 74(5) of the SEBI (Depositories and participants) regulation, 2018 for the quarter ended 31st December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59f0e8c1-72f5-4bc9-a864-659e6b9b0ca0.pdf) |
| 8 Jan - Certificate for compliance of regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 31st December, 2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - Certificate for compliance of regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c4e6ba2c-6eb7-4ff1-a562-9784cb7b9e4a.pdf) |
| 5 Mar - Relocated Unnao manufacturing unit inaugurated March 5, 2026; 1,01,400 MT capacity, Rs.12 crore investment financed internally. | [Inauguration Of Relocated Manufacturing Unit Of The Company At Village - Chaktaliya Moodh, Pargana Asoha, Tehsil Purwa, District- Unnao, Uttar Pradesh 5 Mar - Relocated Unnao manufacturing unit inaugurated March 5, 2026; 1,01,400 MT capacity, Rs.12 crore investment financed internally.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/039327a2-bead-4aea-ba59-c7c706f917e5.pdf) |
| 5 Feb - Board meeting 13 Feb 2026 to approve Q3/9M un-audited results for period ended 31 Dec 2025. | [Board Meeting Intimation for Board Meeting Intimation For Board Meeting On 13.02.2026 5 Feb - Board meeting 13 Feb 2026 to approve Q3/9M un-audited results for period ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c2083e7-b26f-42fb-b26b-184fd5e014af.pdf) |
| 4 Feb - Board meeting 12 Feb 2026 3:00 PM to approve unaudited Q3 and nine-month financial results. | [Board Meeting Intimation for Intimation Of Holding 5/2025-26 Board Meeting For Consideration And Approval Of The Standalone And Consolidated Unaudited Financial Results, For The Quarter Ended On 31St December, 2025. 4 Feb - Board meeting 12 Feb 2026 3:00 PM to approve unaudited Q3 and nine-month financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/54f4cfd6-51f9-412d-8353-0b012e0bc794.pdf) |
| 30 Mar - Aries Agro appoints Sourav Ganguly as brand ambassador for three-year term (announced 30 Mar 2026). | [Aries Agro Limited Has Appointed Mr. Sourav Ganguly As Brand Ambassador Of The Company For A Period Of 3 (Three) Years. 30 Mar - Aries Agro appoints Sourav Ganguly as brand ambassador for three-year term (announced 30 Mar 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/62978dc3-62eb-4ace-9478-6aff8b3a3d5d.pdf) |
| 18 Mar - February 2026: No physical share re-lodgement requests received, processed, approved, or rejected. | [Monthly Report On Special Window Re-Lodgement Of Shares- February 2026 18 Mar - February 2026: No physical share re-lodgement requests received, processed, approved, or rejected.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3eb532b-12d7-4968-a447-90c36f07e444.pdf) |
| 13 Feb - Submission of Press Clipping Related to extract of Un-Audited Financial Result for the Quarter and Nine months ended on 31st December, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb - Submission of Press Clipping Related to extract of Un-Audited Financial Result for the Quarter and Nine months ended on 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8dbb0b74-3577-4127-9de9-275e5eecd05d.pdf) |
| 13 Feb - Approved Q3 and nine-month unaudited results: consolidated net profit Rs1,730.89 lakh (Q3), Rs4,715.77 lakh (9M) | [Un-Audited Financial Results-31.12.2025 13 Feb - Approved Q3 and nine-month unaudited results: consolidated net profit Rs1,730.89 lakh (Q3), Rs4,715.77 lakh (9M)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9299f99-4dcd-4b87-8d7b-1cd3599927c5.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25cbc957-99d9-4f67-9a61-fd080703cb18.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1775725-4786-4c9f-aa05-0869a946812c.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e5fe8f8-b703-4aee-b3fb-50381b3cada2.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1775725-4786-4c9f-aa05-0869a946812c.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e5fe8f8-b703-4aee-b3fb-50381b3cada2.pdf) |
| Mar 2019 | [Concall - Mar 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfc3c36a-a138-4b80-862a-b88c2a788222.pdf) |
| Mar 2019 | [Concall - Mar 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bfc3c36a-a138-4b80-862a-b88c2a788222.pdf) |
| Dec 2018 | [Concall - Dec 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=082e8d39-5b12-45dc-ad98-c315d411187b.pdf) |
| Dec 2018 | [Concall - Dec 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/12/082e8d39-5b12-45dc-ad98-c315d411187b.pdf) |
| Aug 2019 | [Concall - Aug 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c2614c8-7290-4d0e-b750-a64667ceb5e3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1527_ARIES_2012_2013_06092013130045.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f03a3f07-2bfd-4ed1-a8aa-61cf3fca933d.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7de1bff9-791e-4cca-b894-3d625f0b957e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/30b3e882-1bdd-4218-b096-7e8eee7eac3d.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8768ef6d-4522-4e05-92ee-7167166aa573.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eac24ddd-007e-4d28-83c1-9a73794d8f47.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e4404710-d435-4212-9368-e03461ccf901.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532935/75239532935.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/524470/74845524470.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532935/69893532935.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 2026-09-13T19:15:33.929Z.