---
title: "Dwarikesh Sugar Industries Ltd (DWARKESH) — Share Price, Financials & Analysis"
symbol: "DWARKESH"
company: "Dwarikesh Sugar Industries Ltd"
canonical: "https://tapetide.com/stocks/DWARKESH"
isin: "INE366A01041"
nse_symbol: "DWARKESH"
bse_code: "532610"
sector: "Consumer Goods"
industry: "Sugar"
market_cap_cr: 835.71
generated_at: "2026-09-13T18:59:02.264Z"
---

# Dwarikesh Sugar Industries Ltd (DWARKESH)

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

## Company

- **NSE Symbol:** DWARKESH
- **BSE Code:** 532610
- **ISIN:** INE366A01041
- **Sector:** Consumer Goods
- **Industry:** Sugar
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2004-12-31
- **CEO:** Mr. Gautam Radheshyam Morarka
- **Employees:** 1473
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** dwarikesh.com

## About

Dwarikesh Sugar Industries Ltd is primarily engaged in manufacturing of sugar and allied products. It has strong presence in fields such as sugar manufacturing, power and ethanol/ industrial alcohol production.[1] It is also a bio-energy company with supporting
businesses of sugar manufacture and power co-generation.

## Latest Price

- **Price:** ₹44.74
- **Change:** -1.04 (-2.27%)
- **Open:** ₹45.65
- **Day High:** ₹47.45
- **Day Low:** ₹44.52
- **Previous Close:** ₹45.78
- **Volume:** 4383063
- **As Of:** 2026-09-11T10:24:01+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:32.930735Z.

- **Market Cap:** ₹835.71 Cr
- **Classification:** Microcap
- **P/E (reported):** 58.9
- **P/E (TTM):** 57.36
- **EPS (TTM):** ₹0.78
- **EPS (reported):** ₹1.79
- **Book Value:** ₹44.72
- **Price to Book:** 1.03
- **Dividend Yield:** 0.22%
- **ROE:** 3.72%
- **ROCE:** 5.89%
- **Debt to Equity:** 0.41
- **Revenue (yearly):** ₹1409.1 Cr
- **Net Income:** ₹30.8 Cr
- **EBITDA:** ₹94 Cr
- **52-Week High:** ₹59.9
- **52-Week Low:** ₹32.13
- **RSI (14):** 44.65

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 41.67 | 9% |
| growth | 18.83 | 9% |
| momentum | 67.08 | 12% |
| ownership | 50 | 24% |
| quality | 64.62 | 22% |
| valuation | 42.73 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 1.00 times its book value

### Weaknesses

- The company has delivered a poor sales growth of -5.28% over past five years.
- Company has a low return on equity of 5.70% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 112.79% | 865.74% | -61.86% |
| ebitda margin growth | -127.08% | -24.03% | -46.98% | -55.02% |
| net income growth | -144.77% | 32.19% | -34% | -20% |
| revenue growth | -15.61% | 3.21% | -13% | -5% |
| roce | — | -18.19% | -62.93% | 15.01% |
| roe | — | 28.72% | 5.59% | -83.86% |

## 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 | 446 | 313 | 380 | 341 | 246 | 313 | 459 | 405 | 246 | 325 | 425 | 358 |
| Expenses | 417 | 287 | 307 | 339 | 269 | 286 | 352 | 402 | 287 | 287 | 339 | 384 |
| Operating Profit | 29 | 26 | 73 | 2 | -23 | 27 | 107 | 4 | -41 | 38 | 87 | -26 |
| OPM % | 6 | 8 | 19 | 0.7 | -9 | 9 | 23 | 1 | -17 | 12 | 20 | -7 |
| Other Income | 3 | 6 | 2 | 1 | 2 | 4 | 0 | 0 | 2 | 3 | 1 | 2 |
| Interest | 4 | 4 | 7 | 6 | 3 | 3 | 8 | 5 | 2 | 1 | 6 | 3 |
| Depreciation | 13 | 14 | 13 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 0 | 8 |
| Profit before tax | 15 | 14 | 56 | -15 | -36 | 16 | 88 | -13 | -53 | 27 | 82 | -34 |
| Tax % | 31 | 31 | 59 | -35 | -33 | 32 | 47 | -28 | -38 | 42 | 30 | -25 |
| Net Profit | 10 | 10 | 23 | -10 | -24 | 11 | 46 | -9 | -33 | 15 | 57 | -26 |
| EPS in Rs | 0.54 | 0.52 | 1.22 | -0.53 | -1.3 | 0.58 | 2.5 | -0.51 | -1.76 | 0.83 | 3.1 | -1.39 |

### 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 | 1430 | 1084 | 1336 | 1839 | 1979 | 2103 | 1710 | 1359 | 1402 | 1355 |
| Expenses | 1287 | 955 | 1200 | 1638 | 1688 | 1888 | 1505 | 1245 | 1315 | 1297 |
| Operating Profit | 142 | 129 | 136 | 201 | 291 | 215 | 205 | 113 | 87 | 57 |
| OPM % | 10 | 12 | 10 | 11 | 15 | 10 | 12 | 8 | 6 | 4.2 |
| Other Income | 17 | 36 | 5 | 7 | 3 | 14 | 12 | 6 | 7 | 9 |
| Interest | 25 | 21 | 33 | 48 | 32 | 26 | 20 | 19 | 15 | 12 |
| Depreciation | 32 | 33 | 37 | 41 | 44 | 50 | 52 | 49 | 37 | 32 |
| Profit before tax | 102 | 111 | 72 | 120 | 219 | 152 | 144 | 52 | 43 | 21 |
| Tax % | 1 | 14 | -3 | 24 | 29 | 31 | 42 | 56 | 27 | — |
| Net Profit | 101 | 95 | 73 | 92 | 155 | 105 | 84 | 23 | 31 | 14 |
| EPS in Rs | 5.39 | 5.05 | 3.9 | 4.86 | 8.24 | 5.56 | 4.44 | 1.26 | 1.66 | 0.78 |
| Dividend Payout % | 0 | 20 | 26 | 26 | 24 | 36 | 0 | 40 | 6 | — |

### 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 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 267 | 347 | 445 | 465 | 560 | 654 | 721 | 803 | 788 | 810 |
| Borrowings | 533 | 342 | 656 | 846 | 609 | 524 | 375 | 456 | 507 | 336 |
| Other Liabilities | 200 | 276 | 246 | 279 | 257 | 222 | 166 | 137 | 149 | 133 |
| Total Liabilities | 1019 | 984 | 1365 | 1609 | 1445 | 1420 | 1280 | 1415 | 1463 | 1298 |
| Fixed Assets | 331 | 341 | 319 | 430 | 410 | 388 | 582 | 583 | 547 | 528 |
| CWIP | 1 | 0 | 16 | 2 | 1 | 142 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Other Assets | 687 | 642 | 1029 | 1177 | 1035 | 889 | 697 | 831 | 915 | 769 |
| Total Assets | 1019 | 984 | 1365 | 1609 | 1445 | 1420 | 1280 | 1415 | 1463 | 1298 |

### 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 | 141 | 298 | -250 | 11 | 296 | 339 | 314 | 13 | 61 | 129 |
| Cash from Investing Activity | -5 | -41 | -44 | -111 | -18 | -198 | -92 | -41 | -7 | -4 |
| Cash from Financing Activity | -140 | -256 | 292 | 101 | -280 | -141 | -222 | 27 | 27 | -194 |
| Net Cash Flow | -4 | 2 | -2 | 1 | -2 | 0 | 0 | 0 | 81 | -69 |
| Free Cash Flow | 136 | 257 | -298 | -100 | 276 | 178 | 216 | -37 | 48 | 122 |
| CFO/OP | 66 | 240 | -178 | 19 | 147 | 129 | 160 | 19 | 64 | 159 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 17 | 14 | 20 | 27 | 13 | 6 | 12 | 8 | 16 | 13 |
| Inventory Days | 286 | 172 | 388 | 330 | 223 | 191 | 128 | 222 | 272 | 231 |
| Days Payable | 36 | 70 | 86 | 75 | 49 | 24 | 13 | 13 | 12 | 4 |
| Cash Conversion Cycle | 267 | 116 | 322 | 281 | 187 | 173 | 128 | 216 | 276 | 240 |
| Working Capital Days | 21 | 10 | 71 | 52 | 56 | 53 | 60 | 87 | 93 | 109 |
| ROCE % | 32 | 17 | 14 | 9 | 13 | 21 | 15 | 14 | 5 | 5 |

## 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 | 42.09% | 42.09% | 42.09% | 42.09% | 42.1% | 42.1% | 42.1% | 42.1% | 42.1% | 42.1% | 42.14% | 42.14% |
| FIIs | 5.31% | 3.96% | 4.36% | 3.85% | 2.32% | 1.64% | 2% | 1.9% | 1.74% | 1.69% | 1.68% | 1.01% |
| DIIs | 0.11% | 0.07% | 0.25% | 0.02% | 0% | 0% | 0.03% | 0% | 0% | 0.11% | 0.22% | 0.75% |
| Government | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% |
| Public | 44.54% | 47.47% | 46.98% | 47.15% | 48.42% | 49.03% | 49.58% | 50.13% | 50.37% | 50.19% | 49.46% | 49.71% |
| Others | 7.82% | 6.27% | 6.19% | 6.76% | 7.02% | 7.1% | 6.15% | 5.74% | 5.66% | 5.78% | 6.37% | 6.25% |
| No. of Shareholders | 166279 | 178492 | 202645 | 200036 | 195455 | 193085 | 190189 | 185463 | 183124 | 178088 | 171993 | 169888 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 8 / 2 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 47.96 | Sell |
| EMA (10) | 47.47 | Sell |
| SMA (20) | 49.61 | Sell |
| EMA (20) | 47.67 | Sell |
| SMA (50) | 45.03 | Sell |
| EMA (50) | 46.15 | Sell |
| SMA (100) | 44.86 | Sell |
| EMA (100) | 44.72 | Buy |
| SMA (200) | 41.66 | Buy |
| EMA (200) | 43.46 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.91 | Neutral |
| MACD (12,26,9) | 0.33 | Sell |
| Stochastic (14,3,3) | 2.32 | Buy |
| ADX (14) | 30.05 | Buy |
| Williams %R (14) | -98.03 | Buy |
| ATR (14) | 2.82 | High Volatility |
| ROC (12) | -16.76 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 27.41 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6431b21a-623c-493c-ad97-1dbaafd4d254.pdf) |
| 2026-08-24 | [Clarification On Price Movement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd881326-eab0-4fdb-975c-8b838e53590f.pdf) |
| 2026-08-06 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a584e2c-b7ff-420c-bc33-bbdfaf38a894.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=079efa15-2108-49a9-9817-5414b7465490.pdf) |
| 2026-08-06 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4c00b31-cb33-4d3a-b126-01b5be37fa40.pdf) |
| 2026-08-06 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4db1e9f1-5bd0-48d3-a393-d3573b138268.pdf) |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d70e164e-dedf-4490-b748-b3ccfbfaaed3.pdf) |
| 2026-07-28 | [Board Meeting Outcome for Regulation 30 - Outcome Of Board Meeting (Schedule III Part A - (4)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6e5cd3c-4dba-40c8-bb5d-9432a8ab019c.pdf) |
| 2026-07-28 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f42535f-69d0-4bc5-a386-d6749204538d.pdf) |
| 2026-07-21 | [Board Meeting Intimation for Intimation Of Meeting Of Board Of Directors Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ebcfc232-40cf-4744-8499-36f7357f7c6f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 May - Board meets May 14, 2026 to approve FY26 audited results, consider dividend, and fix AGM dates. | [Board Meeting Intimation for Intimation Of Meeting Of Board Of The Company. 7 May - Board meets May 14, 2026 to approve FY26 audited results, consider dividend, and fix AGM dates.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/978ca589-2bcb-4bbc-9b94-f69bae25b81b.pdf) |
| 2 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 2 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44daa3c6-44a0-47b9-bb7c-e0e907123ec2.pdf) |
| 2 Apr - Company filed initial large-corporate disclosure; outstanding borrowings were 92.80 crore and it is not a large corporate. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2 Apr - Company filed initial large-corporate disclosure; outstanding borrowings were 92.80 crore and it is not a large corporate.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e841d3a2-274e-4fdf-adce-96d61db15365.pdf) |
| 18 Mar - Gautam R. Morarka bought 70,654 shares; stake rose to 15.21% on 17.03.2026. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Mar - Gautam R. Morarka bought 70,654 shares; stake rose to 15.21% on 17.03.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/D843F022_40ED_4695_8E96_EB92FEE333AB_151124.pdf) |
| 11 Feb - Q3 PBT Rs26.79cr, PAT Rs15.44cr; 9M PBT (Rs39.18cr), PAT (Rs26.57cr); higher sugar realizations. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 11 Feb - Q3 PBT Rs26.79cr, PAT Rs15.44cr; 9M PBT (Rs39.18cr), PAT (Rs26.57cr); higher sugar realizations.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4bdf9785-464e-432c-b0d4-69efc90fd6be.pdf) |
| 11 Feb - Board approved unaudited Q3 and nine-month results ended Dec 31, 2025; limited review attached. | [Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Outcome Of Board Meeting 11 Feb - Board approved unaudited Q3 and nine-month results ended Dec 31, 2025; limited review attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/240b9f64-5f9a-4737-bc6d-91e886baccba.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3385eed5-e3f9-4bbf-b71c-61367dad4423.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e69035bc-a331-46ea-8a8d-f94f83b42b37.pdf) |
| — | [Closure of Trading Window 23 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f374fb6f-52f5-4a66-a530-13aa8660299b.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 23 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2D963F2B_488F_4999_BFAC_D8DF503F155C_151057.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-28 | [Regulation 33(3)(A) - Submission Of Unaudited Financial Results For Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3c73068-7da6-4a01-aea4-79bed59d4994.pdf) |
| 2026-05-14 | [Regulation 33(3)(A) - Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27a8b722-f2e4-4d6b-96f2-13616905aca2.pdf) |
| 2026-02-11 | [Submission Of Unaudited Financial Results Under Regulation 33 Of SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25151061-6f61-4fe4-81b7-2e0852d1afb3.pdf) |
| 2025-10-31 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7efaa4d5-8cec-4cc8-84b2-e6c838110240.pdf) |
| 2025-08-07 | [Regulation 33(3)(A) - Submission Of Unaudited Financial Results For Quarter Ended June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef1b1c0a-5eb1-41b6-822e-aef02d21bda8.pdf) |
| 2025-05-22 | [Regulation 33(3)(A) - Audited Financial Results - March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80e7116c-9a27-4b48-bf33-0f35ea10a262.pdf) |
| 2025-01-27 | [Regulation 33(3)(A) - Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b92b28e4-68ee-469c-8cf1-f62234b59b54.pdf) |
| 2024-10-28 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36165e32-b691-4dc2-83de-f5330cb16302.pdf) |
| 2024-07-31 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c43ca343-f4f0-4bca-899d-84652909f5f2.pdf) |
| 2024-04-30 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3bf9c6a2-c900-40b3-9c1d-c9eff6832fa0.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-07-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24ee6503-5687-47d1-9562-c560601a6c9b.pdf) |
| 2026-05-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33ac38ef-2d9b-43b6-b20c-ac66db7d8d87.pdf) |
| 2026-02-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce39eceb-5666-457f-9cac-59d29c85e67a.pdf) |
| 2025-10-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff3afcff-d468-42d0-907b-bb8354c0b748.pdf) |
| 2025-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0225e36f-8549-4996-96eb-7fe2425a0417.pdf) |
| 2025-05-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7889f76a-2bfe-432e-9eab-d10798f03d35.pdf) |
| 2025-01-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=974a3e57-a1ed-468a-b0d7-2cfb63d82dc0.pdf) |
| 2024-10-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4174897c-a688-4dcb-ab06-4415ac9a4c67.pdf) |
| 2024-07-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65a765ff-b2a0-4de2-9e9d-bb25fc517c75.pdf) |
| 2024-04-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a94b553b-a8b1-4807-9381-37a15129916c.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff3afcff-d468-42d0-907b-bb8354c0b748.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2cc6d017-bc1a-45cc-8af7-15b0bf3806b6.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dbbe75e1-0d51-492e-af2b-cb19ff4fbe0d.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33ac38ef-2d9b-43b6-b20c-ac66db7d8d87.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/33ac38ef-2d9b-43b6-b20c-ac66db7d8d87.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7889f76a-2bfe-432e-9eab-d10798f03d35.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29a9c7a1-acb7-4297-8dc3-8aa322ff49ed.pdf) |
| Jul 2022 | [Concall - Jul 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2eac022b-6951-433f-a938-18efc93c49a1.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0225e36f-8549-4996-96eb-7fe2425a0417.pdf) |
| Apr 2024 | [Concall - Apr 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a94b553b-a8b1-4807-9381-37a15129916c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38cb0f30-e263-486b-bacd-0719559dc555.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c888eba6-c372-48b0-b96d-588f552dea85.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/abdcedd1-e8b1-4ebc-899d-c30519a23b45.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c0d8c28-30fe-480f-a672-b62ea4ceb8b3.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532610/73032532610.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2025-05-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50269584-680b-4bb2-98a4-12affd03443f.pdf) |
| 2025-01-30 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=654c51a7-776d-4b39-a88c-3c9fbb10aa47.pdf) |
| 2024-11-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=27ed293f-0e7d-41e9-ab89-7de2639b1359.pdf) |
| 2024-08-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c2cb3bcd-cbd7-4485-b31c-d69b35932502.pdf) |
| 2024-08-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60a1f03f-bc7d-41f6-a3ed-1f32a137fa9e.pdf) |
| 2024-07-23 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a081fd9-d624-4f9a-99ba-683ffa37af26.pdf) |
| 2024-05-02 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4df47b3e-8f87-4735-8fe2-25d47277800a.pdf) |
| 2024-04-30 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d0e0a92-50ff-4f21-8869-817962a155f0.pdf) |
| 2024-04-24 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66abb2c2-5cb8-4c6e-aefe-5d9ddfdfc5f3.pdf) |
| 2024-02-01 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9743f35e-ed29-4cef-8f72-81e0dabe1584.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2022-05-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e68a2bf-faae-4e06-a496-e86accf7c528.pdf) |
| 2021-09-02 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4ec9a1b-e26a-4dad-a4d8-46ee29f5c44c.pdf) |
| 2021-05-24 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cd170fd-74fc-45d7-8c3e-afab040efe7f.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 2026-09-13T18:59:02.264Z.