---
title: "Hatsun Agro Product Ltd (HATSUN) — Share Price, Financials & Analysis"
symbol: "HATSUN"
company: "Hatsun Agro Product Ltd"
canonical: "https://tapetide.com/stocks/HATSUN"
isin: "INE473B01035"
nse_symbol: "HATSUN"
bse_code: "531531"
sector: "Food Products"
industry: "Dairy Products"
market_cap_cr: 26451.36
generated_at: "2026-09-13T19:36:58.221Z"
---

# Hatsun Agro Product Ltd (HATSUN)

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

## Company

- **NSE Symbol:** HATSUN
- **BSE Code:** 531531
- **ISIN:** INE473B01035
- **Sector:** Food Products
- **Industry:** Dairy Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2014-06-20
- **CEO:** Mr. J. Shanmuga Priyan
- **Employees:** 5313
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** hatsun.com

## About

Hatsun Agro Product Limited has been in business for over 5 decades and achieved the position of the largest private-sector industry in the Dairy sector manufacturing and marketing Milk and Milk products, Ice-Cream, etc. [1] It was incorporated by Mr. R G Chandramogan, who has been in the dairy business for more than 30 years. [2] Its journey began with Arun Icecreams. [3]

## Latest Price

- **Price:** ₹1224.4
- **Change:** +29.9 (+2.5%)
- **Open:** ₹1194.5
- **Day High:** ₹1240.2
- **Day Low:** ₹1167.7
- **Previous Close:** ₹1194.5
- **Volume:** 113105
- **As Of:** 2026-09-11T09:59:47+00:00

## Key Fundamentals

Observed at 2026-09-11T04:33:57.452299Z.

- **Market Cap:** ₹26451.36 Cr
- **Classification:** Smallcap
- **P/E (reported):** 72.7
- **P/E (TTM):** 74.66
- **EPS (TTM):** ₹16.4
- **EPS (reported):** ₹14.26
- **Book Value:** ₹87.3
- **Price to Book:** 13.66
- **Dividend Yield:** 0.84%
- **ROE:** 16.23%
- **ROCE:** 18.26%
- **Debt to Equity:** 0.95
- **Revenue (yearly):** ₹8719.3 Cr
- **Net Income:** ₹278.8 Cr
- **EBITDA:** ₹1029.7 Cr
- **52-Week High:** ₹1222
- **52-Week Low:** ₹855.3
- **RSI (14):** 68.94

## Tapetide Score

- **Score:** 58 / 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:** 81.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 46.24 | 9% |
| growth | 66.25 | 9% |
| momentum | 90.16 | 12% |
| ownership | 49.8 | 24% |
| quality | 84.37 | 22% |
| valuation | 33.67 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 45.2%

### Weaknesses

- Stock is trading at 14.0 times its book value
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | 231.88% | 146.26% |
| ebitda margin growth | -21.48% | 2.7% | — | — |
| net income growth | -44.66% | 4.3% | 30% | 7% |
| revenue growth | -2.68% | 8.81% | 11% | 12% |
| roce | -39.46% | 3.22% | — | — |
| roe | -44.7% | -4.53% | — | — |

## 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 | 1905 | 1887 | 2047 | 2375 | 2072 | 2010 | 2243 | 2535 | 2381 | 2364 | 2578 | 3090 |
| Expenses | 1687 | 1675 | 1817 | 2045 | 1831 | 1796 | 2018 | 2165 | 2051 | 2108 | 2342 | 2740 |
| Operating Profit | 219 | 213 | 230 | 330 | 241 | 214 | 224 | 370 | 331 | 256 | 235 | 351 |
| OPM % | 11 | 11 | 11 | 14 | 12 | 11 | 10 | 15 | 14 | 11 | 9 | 11 |
| Other Income | 14 | 4 | 2 | 2 | 7 | 2 | 9 | 3 | 4 | 3 | 3 | 3 |
| Interest | 32 | 38 | 50 | 46 | 45 | 43 | 48 | 43 | 37 | 33 | 32 | 32 |
| Depreciation | 100 | 102 | 111 | 111 | 116 | 117 | 127 | 129 | 136 | 146 | 146 | 151 |
| Profit before tax | 101 | 77 | 71 | 176 | 88 | 56 | 59 | 201 | 162 | 79 | 60 | 171 |
| Tax % | 23 | 25 | 26 | 26 | 26 | 26 | 27 | 26 | 26 | 23 | 15 | 22 |
| Net Profit | 78 | 57 | 52 | 131 | 64 | 41 | 43 | 148 | 120 | 61 | 51 | 134 |
| EPS in Rs | 3.48 | 2.58 | 2.34 | 5.86 | 2.89 | 1.84 | 1.93 | 6.65 | 5.4 | 2.72 | 2.28 | 6 |

### 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 | 4287 | 4760 | 5308 | 5551 | 6370 | 7247 | 7990 | 8700 | 9959 | 10413 |
| Expenses | 3916 | 4312 | 4758 | 4749 | 5649 | 6546 | 7091 | 7690 | 8783 | 9241 |
| Operating Profit | 372 | 448 | 550 | 802 | 721 | 701 | 899 | 1010 | 1177 | 1172 |
| OPM % | 9 | 9 | 10 | 14 | 11 | 10 | 11 | 12 | 12 | 11 |
| Other Income | 8 | -1 | 9 | -22 | -21 | 11 | 23 | 20 | 14 | 12 |
| Interest | 88 | 86 | 106 | 108 | 107 | 126 | 154 | 182 | 146 | 134 |
| Depreciation | 174 | 201 | 296 | 295 | 311 | 362 | 409 | 470 | 574 | 579 |
| Profit before tax | 119 | 161 | 156 | 377 | 283 | 225 | 358 | 377 | 470 | 471 |
| Tax % | 23 | 29 | 28 | 35 | 23 | 26 | 25 | 26 | 24 | — |
| Net Profit | 91 | 115 | 112 | 246 | 218 | 166 | 267 | 279 | 356 | 365 |
| EPS in Rs | 4.08 | 5.15 | 5.04 | 11.06 | 9.78 | 7.45 | 12 | 12.52 | 15.99 | 16.4 |
| Dividend Payout % | 67 | 56 | 58 | 70 | 59 | 81 | 50 | 48 | 38 | — |

### 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 | 15 | 15 | 16 | 16 | 22 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 333 | 350 | 789 | 888 | 1000 | 1087 | 1418 | 1550 | 1695 | 1922 |
| Borrowings | 919 | 1299 | 1028 | 1434 | 1622 | 1939 | 1793 | 2698 | 2570 | 1838 |
| Other Liabilities | 320 | 367 | 413 | 376 | 474 | 494 | 472 | 464 | 577 | 660 |
| Total Liabilities | 1588 | 2032 | 2246 | 2714 | 3117 | 3542 | 3706 | 4735 | 4865 | 4443 |
| Fixed Assets | 991 | 1217 | 1408 | 1756 | 1929 | 2410 | 2615 | 2767 | 3274 | 3505 |
| CWIP | 90 | 259 | 233 | 355 | 384 | 237 | 254 | 238 | 284 | 59 |
| Investments | 0 | 0 | 0 | 0 | 8 | 14 | 21 | 30 | 37 | 43 |
| Other Assets | 506 | 556 | 605 | 604 | 795 | 881 | 816 | 1699 | 1270 | 835 |
| Total Assets | 1588 | 2032 | 2246 | 2714 | 3117 | 3542 | 3706 | 4735 | 4865 | 4443 |

### 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 | 433 | 277 | 375 | 552 | 518 | 576 | 741 | -71 | 1450 | 1557 |
| Cash from Investing Activity | -569 | -523 | -343 | -537 | -418 | -565 | -441 | -388 | -879 | -435 |
| Cash from Financing Activity | 162 | 223 | -31 | -7 | -106 | -8 | -300 | 474 | -564 | -1130 |
| Net Cash Flow | 26 | -23 | 1 | 8 | -7 | 3 | 0 | 14 | 7 | -8 |
| Free Cash Flow | -138 | -249 | 33 | 12 | 105 | 7 | 307 | -457 | 805 | 1126 |
| CFO/OP | 124 | 83 | 91 | 105 | 76 | 95 | 115 | 6 | 155 | 143 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 4 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 36 | 45 | 44 | 36 | 55 | 50 | 41 | 94 | 60 | 31 |
| Days Payable | 20 | 20 | 19 | 14 | 13 | 12 | 13 | 12 | 15 | 17 |
| Cash Conversion Cycle | 19 | 26 | 25 | 24 | 42 | 39 | 28 | 83 | 45 | 14 |
| Working Capital Days | -41 | -55 | -30 | 10 | -43 | -37 | -24 | -14 | -31 | -26 |
| ROCE % | 22 | 14 | 15 | 13 | 21 | 15 | 11 | 13 | 13 | 15 |

## 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 | 73.11% | 73.11% | 73.15% | 73.17% | 73.17% | 73.17% | 73.17% | 73.17% | 73.17% | 73.17% | 73.17% | 73.17% |
| FIIs | 3.04% | 2.91% | 2.86% | 2.83% | 3.29% | 3.38% | 3.4% | 3.39% | 3.26% | 3.2% | 3.14% | 3.12% |
| DIIs | 9.54% | 9.7% | 9.8% | 9.82% | 10.17% | 10% | 10.08% | 10.21% | 10.36% | 10.28% | 10.26% | 10.26% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 7.99% | 7.96% | 7.5% | 7.48% | 7.44% | 8.93% | 8.79% | 8.77% | 8.5% | 8.58% | 8.64% | 8.65% |
| Others | 6.32% | 6.32% | 6.68% | 6.71% | 5.94% | 4.53% | 4.56% | 4.46% | 4.71% | 4.78% | 4.8% | 4.8% |
| No. of Shareholders | 26365 | 26382 | 25541 | 27006 | 26404 | 37677 | 36665 | 31256 | 34727 | 28734 | 28179 | 28463 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1184.1 | Buy |
| EMA (10) | 1172.96 | Buy |
| SMA (20) | 1108.2 | Buy |
| EMA (20) | 1120.81 | Buy |
| SMA (50) | 990.99 | Buy |
| EMA (50) | 1033.87 | Buy |
| SMA (100) | 962.65 | Buy |
| EMA (100) | 988 | Buy |
| SMA (200) | 954.84 | Buy |
| EMA (200) | 963.63 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 71.77 | Sell |
| MACD (12,26,9) | 66.63 | Buy |
| Stochastic (14,3,3) | 91.07 | Sell |
| ADX (14) | 47.85 | Buy |
| Williams %R (14) | -7.1 | Sell |
| ATR (14) | 49.82 | High Volatility |
| ROC (12) | 12.69 | Buy |
| Stoch RSI (14) | 49.97 | Neutral |
| UO (7,14,28) | 62.33 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 1 | 50% |
| Hold | 0 | 0% |
| Sell | 1 | 50% |

Based on 2 analyst ratings, observed at 2026-09-11T04:33:57.537080+00:00.

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Arun Icecreams set Guinness World Record with 5,113 children in Hyderabad on Feb 6, 2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Feb - Arun Icecreams set Guinness World Record with 5,113 children in Hyderabad on Feb 6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49dc9756-968e-4eaf-9c4e-4289c47375ed.pdf) |
| 4 Mar - Independent Director V R Muthu (DIN 01908841) died on 4 March 2026; ceased committee memberships. | [Announcement under Regulation 30 (LODR)-Demise 4 Mar - Independent Director V R Muthu (DIN 01908841) died on 4 March 2026; ceased committee memberships.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/520c15cc-83ce-49a5-9894-81cb58b69edf.pdf) |
| 31 Mar - NCLT-sanctioned amalgamation effective 1-Apr-2025; order dated 10-Mar-2026 filed 31-Mar-2026; authorized capital Rs49.5 crore. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 31 Mar - NCLT-sanctioned amalgamation effective 1-Apr-2025; order dated 10-Mar-2026 filed 31-Mar-2026; authorized capital Rs49.5 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3e7a34c-3ebe-4190-b2dd-c9a20d440675.pdf) |
| 31 Mar - NCLT-sanctioned amalgamation effective 1 Apr 2025; authorized capital increased to Rs49.50 crore. | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 31 Mar - NCLT-sanctioned amalgamation effective 1 Apr 2025; authorized capital increased to Rs49.50 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b7c06c9-2a57-4708-8d1c-ca1223296934.pdf) |
| 2d - Board meeting on 19 May 2026 to approve FY26 results and consider first interim dividend; record date 26 May 2026. | [Board Meeting Intimation for Considering And Approving The Audited Financial Results Of The Company For The Quarter And Year Ended 31St March, 2026 2d - Board meeting on 19 May 2026 to approve FY26 results and consider first interim dividend; record date 26 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/610b9119-25b4-4b50-aa14-ac1105835f14.pdf) |
| 27 Mar - Trading window closed for insiders from quarter ending 31-Mar-2026 until 48 hours after audited results declaration. | [Closure of Trading Window 27 Mar - Trading window closed for insiders from quarter ending 31-Mar-2026 until 48 hours after audited results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/682d3e66-76aa-42c5-a462-84a15fd635ed.pdf) |
| 21 Mar - Notice to shareholders with regard to transfer of unclaimed dividend and equity shares of the Company to Investor Education and Protection Fund (IEPF) and Special … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Mar - Notice to shareholders with regard to transfer of unclaimed dividend and equity shares of the Company to Investor Education and Protection Fund (IEPF) and Special …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/921c1207-ab68-471d-a461-d8170ead6527.pdf) |
| 21 Feb - NSE Sustainability Ratings assigned ESG Score 58 to Hatsun Agro; company didn't commission assessment (21 Feb 2026). | [ESG Rating Assigned By NSE Sustainability Ratings & Analytics Limited 21 Feb - NSE Sustainability Ratings assigned ESG Score 58 to Hatsun Agro; company didn't commission assessment (21 Feb 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa8fe2ca-18ab-44fa-a3b3-acc396349f8e.pdf) |
| 20 Mar - Filed transcript of RG Chandramogan interview (16 Mar 2026); cites ~₹10,000 crore run-rate, milk price rise 8–10%. | [Transcript Of The Interview Given By Mr. R G Chandramogan, Chairman Of The Company To CNBC TV On 16Th March 2026 20 Mar - Filed transcript of RG Chandramogan interview (16 Mar 2026); cites ~₹10,000 crore run-rate, milk price rise 8–10%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c034500-d663-46db-bd5b-6c436090d3f6.pdf) |
| 16 Mar - CNBC interview of Chairman R G Chandramogan posted; transcript available by 20 March 2026. | [Video Link Of The Interview Given By Mr. R G Chandramogan, Chairman Of The Company To CNBC TV On 16Th March 2026 16 Mar - CNBC interview of Chairman R G Chandramogan posted; transcript available by 20 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/69d01fac-afcd-4340-80e9-879eba23f7e6.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Dispatch Of Letter To Members As Per Regulation 36(1)(B) Of SEBI (LODR) Regulations](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20e0bddc-6918-442d-97c7-d65ec71f949f.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef949b2f-ec29-4bcc-aae9-d2c7aea0a4bd.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9118190c-0850-44bb-90ef-b869cd20bca1.pdf) |
| 2026-09-02 | [Notice Of 41St Annual General Meeting (AGM) To Be Held On 25Th September 2026 And Annual Report Of The Company For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44eed899-0b20-40d6-87ed-d9752617e06d.pdf) |
| 2026-09-02 | [Intimation Of Book Closure Date Under Regulation 42 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8ce2f22-c6a2-4679-9dde-5ab536619f64.pdf) |
| 2026-09-02 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c457140f-e27b-4535-9997-705b26b5068d.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ca03045-de94-42fd-9a31-27ad4f95d672.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdb684f8-4ed6-406c-822c-5326f7d2909a.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f9cfaf9-31be-487f-b394-401194ff7dfd.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4109ab04-8c42-4130-a755-ba0670ae923a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-21 | [Unaudited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e7859950-60cc-465e-8fe8-61f5b94c9057.pdf) |
| 2026-05-19 | [Audited Financial Results For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5b9084e5-2a5a-4017-8c1c-8de2bc58431e.pdf) |
| 2026-01-19 | [Unaudited Financial Results For The Quarter Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=adb97018-e4eb-4b96-8730-5504ea474b93.pdf) |
| 2025-10-27 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50e62fab-c937-4778-bc24-b6b2ae60bff0.pdf) |
| 2025-07-18 | [Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7aef366-73d7-4927-9467-91caa3eccb14.pdf) |
| 2025-04-28 | [Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a0b3557-9037-467f-bbab-0f3b256ac0c7.pdf) |
| 2025-01-16 | [Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8548ff82-79b1-4151-83f8-797156f52d3c.pdf) |
| 2024-11-04 | [Unaudited Financial Results Of The Company For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9fb1831b-5cfd-43b7-9417-289942b81186.pdf) |
| 2024-07-15 | [Outcome Of Board Meeting Held Today I.E July 15, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09285aa0-4597-4ca3-b781-5c00c4cef45e.pdf) |
| 2024-04-22 | [Audited Financial Results As Per Indian Accounting Standards (IND AS) For The Quarter And Financial Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69b81c3f-c06d-4c3a-810b-71925b4948b8.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2025-09-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c094669e-64c5-44b1-80bf-c532b5f03c2e.pdf) |
| 2025-08-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2db36474-0087-449e-b4f7-e24b04c27f7c.pdf) |
| 2024-04-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=688c1e25-a3d3-456a-b347-787bd5f70818.pdf) |
| 2024-04-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7694ab3a-e111-4245-ac98-cd07190c256b.pdf) |
| 2024-04-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86a0a51d-8a67-41ba-944c-22c72fbb6d3b.pdf) |
| 2024-01-25 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb6ff583-de5d-4e06-a1b4-7c5dcc787284.pdf) |
| 2023-10-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=854c7cc6-7a4f-4d83-a2dd-a3d044d31c5e.pdf) |
| 2023-07-26 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e34ff13-e3ea-495a-b72d-eca42137361d.pdf) |
| 2023-05-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f67f73b-4e44-41be-b1c4-7378fc8c8eb6.pdf) |
| 2023-04-25 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbd56213-337e-42c7-9646-3762d259630d.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c094669e-64c5-44b1-80bf-c532b5f03c2e.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f67f73b-4e44-41be-b1c4-7378fc8c8eb6.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6cb767b0-4bd5-4e9d-b741-17ca13985458.pdf) |
| Jul 2023 | [Concall - Jul 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9e34ff13-e3ea-495a-b72d-eca42137361d.pdf) |
| Jul 2022 | [Concall - Jul 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c29efaea-ebfb-4e72-991e-ffdcca7eb5e6.pdf) |
| Feb 2018 | [Concall - Feb 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a58a7f80-6c22-4bdc-8a27-b662f9353634.pdf) |
| Feb 2018 | [Concall - Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/a58a7f80-6c22-4bdc-8a27-b662f9353634.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2db36474-0087-449e-b4f7-e24b04c27f7c.pdf) |
| Apr 2024 | [Concall - Apr 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86a0a51d-8a67-41ba-944c-22c72fbb6d3b.pdf) |
| Apr 2024 | [Concall - Apr 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7694ab3a-e111-4245-ac98-cd07190c256b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5bf55580-ac93-47fb-a28f-e8498ee993a8.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d2ea3f6e-c61a-4a77-9240-2839a8f777c0.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d2c78645-61e3-4c12-8571-1132da7e50de.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531531/74762531531.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531531/69240531531.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/531531/65144531531.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/531531/5315310319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/531531/5315310318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/531531/5315310317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/531531/5315310316.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 2026-09-13T19:36:58.221Z.