---
title: "Hisar Metal Industries Ltd (HISARMETAL) — Share Price, Financials & Analysis"
symbol: "HISARMETAL"
company: "Hisar Metal Industries Ltd"
canonical: "https://tapetide.com/stocks/HISARMETAL"
isin: "INE598C01011"
nse_symbol: "HISARMETAL"
bse_code: "590018"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 83.7
generated_at: "2026-09-13T19:40:17.514Z"
---

# Hisar Metal Industries Ltd (HISARMETAL)

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

## Company

- **NSE Symbol:** HISARMETAL
- **BSE Code:** 590018
- **ISIN:** INE598C01011
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2017-01-05
- **CEO:** Mr. Abhiram Tayal
- **Employees:** 285
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hisarmetal.com

## About

Incorporated in 1991, Hisar Metal Industries Ltd is engaged in the production of stainless steel strips, tubes and pipes.[1]

## Latest Price

- **Price:** ₹157.2
- **Change:** +1.92 (+1.24%)
- **Open:** ₹161.98
- **Day High:** ₹161.98
- **Day Low:** ₹157
- **Previous Close:** ₹155.28
- **Volume:** 808
- **As Of:** 2026-09-11T09:57:27+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:54.243182Z.

- **Market Cap:** ₹83.7 Cr
- **Classification:** Microcap
- **P/E (reported):** 18.4
- **P/E (TTM):** 17.84
- **EPS (TTM):** ₹8.81
- **EPS (reported):** ₹10.28
- **Book Value:** ₹121.73
- **Price to Book:** 1.33
- **Dividend Yield:** 0.64%
- **ROE:** 5.15%
- **ROCE:** 12.41%
- **Debt to Equity:** 1.34
- **Revenue (yearly):** ₹263.3 Cr
- **Net Income:** ₹3.4 Cr
- **EBITDA:** ₹14.3 Cr
- **52-Week High:** ₹192.4
- **52-Week Low:** ₹124.99
- **RSI (14):** 49.93

## 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: Fair · Momentum: Rising
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 31.21 | 9% |
| growth | 50 | 9% |
| momentum | 71 | 12% |
| ownership | 50 | 24% |
| quality | 71.87 | 22% |
| valuation | 59.29 | 24% |

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

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.4% over past five years.
- Company has a low return on equity of 6.95% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -19.91% | 7.96% | 69.82% |
| ebitda margin growth | 17.95% | -14.73% | -22.51% | -44.38% |
| net income growth | 125% | 6.25% | -34% | -10% |
| revenue growth | -11.28% | 7.21% | -2% | 11% |
| roce | — | -15.86% | -29.37% | 20.88% |
| roe | — | 1.78% | 6.98% | -81.28% |

## 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 | 65.23 | 53.24 | 60.77 | 63.58 | 64.93 | 57.02 | 59.3 | 62.1 | 59.7 | 68.12 | 72.04 | 64.42 |
| Expenses | 60.59 | 49.3 | 57.67 | 59.7 | 61.37 | 54.35 | 54.47 | 59.42 | 56.14 | 64.6 | 68.81 | 59.89 |
| Operating Profit | 4.64 | 3.94 | 3.1 | 3.88 | 3.56 | 2.67 | 4.83 | 2.68 | 3.56 | 3.52 | 3.23 | 4.53 |
| OPM % | 7.11 | 7.4 | 5.1 | 6.1 | 5.48 | 4.68 | 8.15 | 4.32 | 5.96 | 5.17 | 4.48 | 7.03 |
| Other Income | 0.22 | 0.05 | 0.68 | -0.03 | 0.2 | 0.05 | 0.51 | 0.23 | 0.17 | 0.28 | 0.64 | 0.08 |
| Interest | 1.47 | 1.38 | 2.08 | 2 | 1.58 | 1.05 | 4.04 | 1.68 | 1.91 | 1.33 | 1.96 | 1.45 |
| Depreciation | 0.58 | 0.57 | 0.57 | 0.7 | 0.68 | 0.58 | 0.77 | 0.67 | 0.68 | 0.67 | 0.85 | 0.75 |
| Profit before tax | 2.81 | 2.04 | 1.13 | 1.15 | 1.5 | 1.09 | 0.53 | 0.56 | 1.14 | 1.8 | 1.06 | 2.41 |
| Tax % | 25.27 | 25 | 6.19 | 25.22 | 25.33 | 24.77 | 28.3 | 25 | 25.44 | 25 | 28.3 | 25.31 |
| Net Profit | 2.1 | 1.53 | 1.06 | 0.86 | 1.12 | 0.82 | 0.38 | 0.42 | 0.85 | 1.35 | 0.76 | 1.8 |
| EPS in Rs | 3.89 | 2.83 | 1.96 | 1.59 | 2.07 | 1.52 | 0.7 | 0.78 | 1.57 | 2.5 | 1.41 | 3.33 |

### 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 | 231 | 208 | 178 | 153 | 237 | 276 | 242 | 245 | 262 | 264 |
| Expenses | 215 | 195 | 166 | 138 | 215 | 253 | 225 | 230 | 249 | 249 |
| Operating Profit | 16 | 13 | 12 | 15 | 21 | 22 | 16 | 15 | 13 | 15 |
| OPM % | 7 | 6 | 7 | 10 | 9 | 8 | 7 | 6 | 5 | 6 |
| Other Income | 0 | 1 | 0 | 0 | 2 | 1 | 1 | 1 | 1 | 1 |
| Interest | 7 | 5 | 5 | 5 | 5 | 6 | 6 | 9 | 7 | 7 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 7 | 7 | 5 | 8 | 16 | 16 | 8 | 4 | 5 | 6 |
| Tax % | 32 | 24 | 22 | 30 | 26 | 30 | 23 | 25 | 26 | — |
| Net Profit | 5 | 5 | 4 | 5 | 12 | 11 | 6 | 3 | 3 | 5 |
| EPS in Rs | 9.19 | 9.87 | 7.24 | 10.02 | 22.33 | 20.28 | 11.98 | 5.89 | 6.26 | 8.81 |
| Dividend Payout % | 11 | 10 | 14 | 10 | 4 | 5 | 8 | 17 | 16 | — |

### 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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 10 | 14 | 19 | 22 | 27 | 38 | 49 | 55 | 57 | 60 |
| Borrowings | 64 | 65 | 63 | 63 | 62 | 65 | 68 | 81 | 70 | 87 |
| Other Liabilities | 8 | 22 | 28 | 10 | 42 | 28 | 22 | 29 | 32 | 11 |
| Total Liabilities | 87 | 106 | 115 | 100 | 136 | 137 | 145 | 170 | 166 | 164 |
| Fixed Assets | 20 | 22 | 24 | 22 | 21 | 19 | 19 | 27 | 31 | 35 |
| CWIP | 0 | 1 | 0 | 0 | 0 | 0 | 6 | 3 | 3 | 1 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 0 | 0 | 0 |
| Other Assets | 67 | 84 | 91 | 78 | 114 | 116 | 119 | 140 | 132 | 128 |
| Total Assets | 87 | 106 | 115 | 100 | 136 | 137 | 145 | 170 | 166 | 164 |

### 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 | 7 | 10 | 12 | 4 | 9 | 6 | 15 | 10 | 13 | 11 |
| Cash from Investing Activity | -6 | -3 | -3 | -1 | -2 | 1 | -8 | -5 | -6 | -4 |
| Cash from Financing Activity | 1 | -7 | -8 | -6 | -7 | -6 | -7 | -5 | -8 | -6 |
| Net Cash Flow | 2 | 0 | 1 | -3 | 0 | 1 | 1 | 0 | 0 | 1 |
| Free Cash Flow | 6 | 6 | 9 | 3 | 8 | 7 | 8 | 4 | 7 | 6 |
| CFO/OP | 78 | 76 | 111 | 45 | 73 | 47 | 89 | 78 | 99 | 94 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 67 | 61 | 71 | 59 | 98 | 72 | 64 | 76 | 82 | 81 |
| Inventory Days | 66 | 70 | 91 | 115 | 207 | 119 | 94 | 132 | 124 | 95 |
| Days Payable | 3 | 32 | 48 | 12 | 116 | 41 | 25 | 41 | 43 | 6 |
| Cash Conversion Cycle | 129 | 99 | 113 | 161 | 190 | 149 | 133 | 167 | 163 | 170 |
| Working Capital Days | 4 | 9 | 25 | 50 | 67 | 62 | 58 | 73 | 73 | 71 |
| ROCE % | 11 | 17 | 14 | 12 | 14 | 20 | 18 | 11 | 9 | 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 | 61.02% | 61.02% | 61.02% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.21% | 61.2% | 61.2% |
| FIIs | 0% | 0% | 0.36% | 0.25% | 0.24% | 0.24% | 0.24% | 0.24% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 33.36% | 32.95% | 33.76% | 32.58% | 32.96% | 32.43% | 32.22% | 31.99% | 32.05% | 32.08% | 32.03% | 32.09% |
| Others | 5.62% | 6.03% | 4.86% | 5.95% | 5.58% | 6.12% | 6.33% | 6.56% | 6.74% | 6.71% | 6.76% | 6.7% |
| No. of Shareholders | 5474 | 4877 | 5172 | 5266 | 5178 | 5056 | 4943 | 4839 | 4884 | 4780 | 4683 | 4611 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 7 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 159.04 | Sell |
| EMA (10) | 157.29 | Sell |
| SMA (20) | 155.17 | Buy |
| EMA (20) | 155.94 | Buy |
| SMA (50) | 152.95 | Buy |
| EMA (50) | 154.01 | Buy |
| SMA (100) | 152.89 | Buy |
| EMA (100) | 154.2 | Buy |
| SMA (200) | 156.15 | Buy |
| EMA (200) | 159.41 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 53.57 | Neutral |
| MACD (12,26,9) | 1.74 | Sell |
| Stochastic (14,3,3) | 38.08 | Neutral |
| ADX (14) | 21.34 | Neutral |
| Williams %R (14) | -53.06 | Neutral |
| ATR (14) | 6.79 | High Volatility |
| ROC (12) | 3.54 | Buy |
| Stoch RSI (14) | 35.07 | Neutral |
| UO (7,14,28) | 32.48 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9a48557-1cc3-4015-b801-4013e1edd92f.pdf) |
| 2026-08-28 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1203f33a-387f-4e46-b575-faadcd887b12.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=058008ee-0b3a-4d00-855c-cf7664791441.pdf) |
| 2026-08-19 | [ACTION TAKEN REPORT UNDER THE SPECIAL WINDOW FOR THE MONTH JULY 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9193c24c-fe42-4826-bdd6-ffaf956e03f7.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b342530-a390-4504-a0d2-9aa09be9ecd1.pdf) |
| 2026-08-08 | [Board Meeting Outcome for Unaudited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d75c3a7-9e03-40ef-86bb-ee2d40d32b03.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce90e1b1-6293-48bb-a750-29614037897b.pdf) |
| 2026-08-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a7abd7d-ceb1-4500-b159-cdd29facc3a3.pdf) |
| 2026-07-23 | [Board Meeting Intimation for To Consider And Approve Un-Audited Financial Results For The Quarter Ended On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c22ba843-76b7-4ef7-8959-4b95c9dc6578.pdf) |
| 2026-07-11 | [ACTION TAKEN REPORT UNDER THE SPECIAL WINDOW FOR THE MONTH JUNE 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=073a9fb4-2a76-41fb-a341-86ee8777d579.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-08 | [Unaudited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=095211c3-7724-4514-94dc-125abdf77ddb.pdf) |
| 2026-05-30 | [Audited Financial Results For The Quarter And Year Ended On March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=782100c4-4acc-413b-9bbf-a4504f76d8b3.pdf) |
| 2026-02-09 | [Unaudited Financial Results For The Quarter And Nine Months Ended On December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0985aa65-dbd0-4c5b-bd33-80528892b0b7.pdf) |
| 2025-11-12 | [Unaudited Financial Results For The Quarter And Half Year Ended On September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a0f276e-5cda-46e3-a23c-84f17db30bbd.pdf) |
| 2025-08-09 | [Unaudited Financial Results For The Quarter Ended On June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02cd4842-13c1-4b63-9462-41fed66621bd.pdf) |
| 2025-05-28 | [Audited Financial Results For The Quarter And Year Ended On March 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d9aaf10-06ca-4d45-a753-95a7a0a3ee2d.pdf) |
| 2025-02-10 | [Un-Audited Financial Results For The Quarter And Nine Months Ended On December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06faec20-3a52-42bb-bc21-893f15a53e9f.pdf) |
| 2024-11-07 | [Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7790bebc-b7ce-4208-b759-513e4c6f1aac.pdf) |
| 2024-08-10 | [Unaudited Financial Results For The Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0494543d-3153-4bb9-acf7-2a18fde475dd.pdf) |
| 2024-05-30 | [Audited Financial Results For The Quarter And Year Ended On March 31, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=acdf92d0-b1b5-4144-a908-1ff0b8f20471.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Board approved unaudited results for quarter and nine months ended Dec 31, 2025; limited review submitted. | [Board Meeting Outcome for Unaudited Financial Results For The Quarter And Nine Months Ended On December 31, 2025 9 Feb - Board approved unaudited results for quarter and nine months ended Dec 31, 2025; limited review submitted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a71b2de-cf6b-4607-80f5-e5881d8f7cac.pdf) |
| 6 May - Submitted April 2026 relodgement report under SEBI special window; zero requests received, approved, or rejected. | [ACTION TAKEN REPORT UNDER THE SPECIAL WINDOW For The Month April 2026 6 May - Submitted April 2026 relodgement report under SEBI special window; zero requests received, approved, or rejected.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1d877622-2eb8-4f11-8c01-3838a291dfea.pdf) |
| 6 Apr - Promoter Abhiram Tayal disclosed 8.52% holding and no encumbrance as of 31 March 2026. | [Disclosure Made Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 6 Apr - Promoter Abhiram Tayal disclosed 8.52% holding and no encumbrance as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/523a8178-2e32-4152-9f76-cd919e355003.pdf) |
| 17 Feb - Special Window re-lodgement report: zero transfer requests January 1–6, 2026. | [ACTION TAKEN REPORT UNDER THE SPECIAL WINDOW 17 Feb - Special Window re-lodgement report: zero transfer requests January 1–6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4874dcfb-2f23-48a8-aed7-311e97ed2352.pdf) |
| 15 Apr - Filed special-window re-lodgement report for Jan 6–Mar 31, 2026; 0 requests received, approved or rejected. | [ACTION TAKEN REPORT UNDER THE SPECIAL WINDOW 15 Apr - Filed special-window re-lodgement report for Jan 6–Mar 31, 2026; 0 requests received, approved or rejected.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5ef2bcf-0152-4ab2-be18-23bcba66b29d.pdf) |
| 11 Feb - Newspaper Publication for Special Window for transfer and dematerialisation of physical securities | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Feb - Newspaper Publication for Special Window for transfer and dematerialisation of physical securities](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c8e2a83-af27-4d73-b8b9-aeadc1f15a5b.pdf) |
| 10 Feb - Newspaper Publication for Unaudited financial result for the quarter and nine months ending 31-12-2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Feb - Newspaper Publication for Unaudited financial result for the quarter and nine months ending 31-12-2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed12160a-2f62-4919-bdfc-72c933200423.pdf) |
| 10 Apr - Hisar Metal confirms it is not a Large Corporate; outstanding borrowing was Rs 24.48 crore as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 10 Apr - Hisar Metal confirms it is not a Large Corporate; outstanding borrowing was Rs 24.48 crore as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1cb390ba-0d4b-49c0-bae2-88e60f9a7f8a.pdf) |
| — | [Closure of Trading Window 20 Jun](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46c2b8e9-36c1-45a8-9cb2-32a72a487df9.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bdadc22a-8f2f-4e53-956b-f29fa5fb0cfe.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a7abd7d-ceb1-4500-b159-cdd29facc3a3.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9a7fa6c5-1c32-4ff4-8d62-ad919e5e6b53.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f172441-61d3-451b-9ec6-575a744225a8.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e0485f6-2c16-4e4d-a4ee-5d644bff40f2.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/590018/74732590018.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/590018/69549590018.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/590018/5900180320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/590018/5900180319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/590018/5900180318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/590018/5900180317.pdf) |

---

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 2026-09-13T19:40:17.514Z.