---
title: "Incredible Industries Ltd (INCREDIBLE) — Share Price, Financials & Analysis"
symbol: "INCREDIBLE"
company: "Incredible Industries Ltd"
canonical: "https://tapetide.com/stocks/INCREDIBLE"
isin: "INE452L01012"
nse_symbol: "INCREDIBLE"
bse_code: "538365"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 149.18
generated_at: "2026-09-13T20:00:46.965Z"
---

# Incredible Industries Ltd (INCREDIBLE)

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

## Company

- **NSE Symbol:** INCREDIBLE
- **BSE Code:** 538365
- **ISIN:** INE452L01012
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2016-07-01
- **CEO:** Mr. Rama Shankar Gupta
- **Employees:** 195
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** incredibleindustries.co.in

## About

Incorporated in 1979, Incredible Industries does manufacturing and sale of iron and steel related rolled products[1]

## Latest Price

- **Price:** ₹33.58
- **Change:** +2.6 (+8.39%)
- **Open:** ₹31.92
- **Day High:** ₹34.49
- **Day Low:** ₹31.05
- **Previous Close:** ₹30.98
- **Volume:** 17146
- **As Of:** 2026-09-11T09:59:47+00:00

## Key Fundamentals

Observed at 2026-09-11T04:37:39.410430Z.

- **Market Cap:** ₹149.18 Cr
- **Classification:** Microcap
- **P/E (reported):** 12.3
- **P/E (TTM):** 13.33
- **EPS (TTM):** ₹2.52
- **Book Value:** ₹33.6
- **Price to Book:** 0.93
- **Dividend Yield:** 0%
- **ROE:** 7.33%
- **ROCE:** 10.69%
- **Debt to Equity:** 0.22
- **Revenue (yearly):** ₹841.7 Cr
- **Net Income:** ₹11.5 Cr
- **EBITDA:** ₹24.2 Cr
- **52-Week High:** ₹49.79
- **52-Week Low:** ₹28.1
- **RSI (14):** 40.1

## Tapetide Score

- **Score:** 53 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Flat
- **Percentile:** 61 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 70.48 | 9% |
| growth | 43.3 | 9% |
| momentum | 52.95 | 12% |
| ownership | 50 | 24% |
| quality | 46.83 | 22% |
| valuation | 57.41 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 1.00 times its book value
- Company has delivered good profit growth of 24.7% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.6% over past five years.
- Company has a low return on equity of 6.99% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -74.24% | -59.63% | -50.94% |
| ebitda margin growth | -17.65% | -1.71% | 8.71% | -10.59% |
| net income growth | -11.11% | -8% | 31% | 25% |
| revenue growth | -2.96% | 11.2% | 4% | 12% |
| roce | — | -3.69% | -2.82% | 9.75% |
| roe | — | -14.77% | 6.81% | 150.17% |

## 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 | 208.96 | 158.66 | 222.35 | 182.89 | 181.17 | 161.87 | 230.22 | 219.76 | 212.13 | 188.98 | 219.43 | 213.03 |
| Expenses | 205.73 | 154.28 | 214.7 | 177.83 | 178.08 | 158.14 | 220.78 | 213.23 | 208.3 | 184.8 | 211.25 | 206.31 |
| Operating Profit | 3.23 | 4.38 | 7.65 | 5.06 | 3.09 | 3.73 | 9.44 | 6.53 | 3.83 | 4.18 | 8.18 | 6.72 |
| OPM % | 1.55 | 2.76 | 3.44 | 2.77 | 1.71 | 2.3 | 4.1 | 2.97 | 1.81 | 2.21 | 3.73 | 3.15 |
| Other Income | 0.26 | 0.55 | 0.1 | 0.11 | 0.1 | 0.48 | 0.07 | 0.07 | 0.3 | 0.71 | 0.36 | 0.31 |
| Interest | 1.66 | 1.5 | 1.17 | 1.11 | 0.82 | 0.74 | 0.81 | 0.41 | 0.7 | 0.55 | 0.88 | 0.77 |
| Depreciation | 1.42 | 1.42 | 1.41 | 1.34 | 1.34 | 1.34 | 1.33 | 1.24 | 1.24 | 1.19 | 1.34 | 0.96 |
| Profit before tax | 0.41 | 2.01 | 5.17 | 2.72 | 1.03 | 2.13 | 7.37 | 4.95 | 2.19 | 3.15 | 6.32 | 5.3 |
| Tax % | -29.27 | 51.24 | 39.46 | 40.07 | -95.15 | -42.25 | 20.76 | 24.85 | 31.96 | 43.17 | 28.48 | 25.09 |
| Net Profit | 0.53 | 0.98 | 3.12 | 1.62 | 2 | 3.03 | 5.84 | 3.72 | 1.49 | 1.79 | 4.52 | 3.96 |
| EPS in Rs | 0.11 | 0.21 | 0.67 | 0.35 | 0.43 | 0.65 | 1.25 | 0.8 | 0.32 | 0.38 | 0.97 | 0.85 |

### 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 | 478 | 666 | 496 | 484 | 531 | 736 | 816 | 753 | 838 | 834 |
| Expenses | 453 | 649 | 484 | 469 | 515 | 718 | 797 | 732 | 816 | 811 |
| Operating Profit | 25 | 17 | 12 | 15 | 17 | 18 | 19 | 21 | 23 | 23 |
| OPM % | 5 | 2.6 | 2.4 | 3.1 | 3.1 | 2.4 | 2.4 | 2.8 | 2.7 | 2.8 |
| Other Income | 1 | 1 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 2 |
| Interest | 15 | 9 | 5 | 4 | 6 | 5 | 6 | 4 | 3 | 3 |
| Depreciation | 4 | 4 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 |
| Profit before tax | 7 | 5 | 1 | 5 | 6 | 7 | 10 | 13 | 17 | 17 |
| Tax % | 30 | 28 | 23 | 34 | 40 | 31 | 40 | 6 | 31 | — |
| Net Profit | 5 | 4 | 1 | 4 | 4 | 5 | 6 | 12 | 12 | 12 |
| EPS in Rs | 1.04 | 0.81 | 0.22 | 0.78 | 0.76 | 1.05 | 1.28 | 2.67 | 2.46 | 2.52 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### 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 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 | 47 |
| Reserves | 58 | 63 | 67 | 68 | 71 | 75 | 80 | 86 | 98 | 110 |
| Borrowings | 90 | 72 | 34 | 23 | 41 | 48 | 49 | 43 | 23 | 34 |
| Other Liabilities | 81 | 103 | 55 | 29 | 34 | 32 | 33 | 34 | 26 | 30 |
| Total Liabilities | 276 | 285 | 203 | 166 | 193 | 202 | 209 | 210 | 194 | 221 |
| Fixed Assets | 54 | 50 | 47 | 47 | 42 | 46 | 43 | 38 | 32 | 26 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 11 | 35 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 222 | 235 | 156 | 119 | 151 | 155 | 166 | 167 | 150 | 160 |
| Total Assets | 276 | 285 | 203 | 166 | 193 | 202 | 209 | 210 | 194 | 221 |

### 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 | -2 | 34 | 42 | 25 | -13 | 20 | 10 | 24 | 37 | 10 |
| Cash from Investing Activity | 0 | 1 | 5 | -6 | -1 | -11 | -3 | -4 | -4 | -36 |
| Cash from Financing Activity | 3 | -33 | -47 | -21 | 14 | -9 | -7 | -13 | -22 | 9 |
| Net Cash Flow | 0 | 2 | 0 | -3 | 0 | 0 | 1 | 7 | 11 | -18 |
| Free Cash Flow | -3 | 34 | 42 | 19 | -14 | 10 | 8 | 18 | 31 | -13 |
| CFO/OP | -5 | 134 | 244 | 216 | -77 | 137 | 73 | 143 | 193 | 61 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 86 | 67 | 42 | 28 | 40 | 25 | 14 | 20 | 21 | 14 |
| Inventory Days | 101 | 84 | 33 | 45 | 28 | 37 | 27 | 25 | 29 | 24 |
| Days Payable | 60 | 44 | 10 | 13 | 7 | 12 | 9 | 9 | 7 | 7 |
| Cash Conversion Cycle | 127 | 107 | 66 | 60 | 61 | 50 | 32 | 36 | 42 | 31 |
| Working Capital Days | 57 | 62 | 51 | 55 | 76 | 71 | 51 | 40 | 39 | 37 |
| ROCE % | 11 | 12 | 9 | 4 | 7 | 7 | 7 | 9 | 10 | 10 |

## 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 | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% | 74.96% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 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 | 11.59% | 11.26% | 11.36% | 11.32% | 11.38% | 11.39% | 11.49% | 11.46% | 11.45% | 11.51% | 11.55% | 11.63% |
| Others | 13.45% | 13.78% | 13.68% | 13.71% | 13.66% | 13.65% | 13.55% | 13.58% | 13.59% | 13.53% | 13.49% | 13.41% |
| No. of Shareholders | 6642 | 6561 | 6175 | 6249 | 6718 | 7286 | 7450 | 7555 | 7334 | 7265 | 7188 | 7169 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 32.24 | Buy |
| EMA (10) | 32.36 | Buy |
| SMA (20) | 32.54 | Buy |
| EMA (20) | 32.5 | Buy |
| SMA (50) | 32.86 | Buy |
| EMA (50) | 32.91 | Buy |
| SMA (100) | 33.87 | Sell |
| EMA (100) | 33.67 | Sell |
| SMA (200) | 35.16 | Sell |
| EMA (200) | 35 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.14 | Neutral |
| MACD (12,26,9) | -0.19 | Buy |
| Stochastic (14,3,3) | 29.94 | Neutral |
| ADX (14) | 19.81 | Neutral |
| Williams %R (14) | -41.41 | Neutral |
| ATR (14) | 1.86 | High Volatility |
| ROC (12) | -2.1 | Sell |
| Stoch RSI (14) | 84.26 | Sell |
| UO (7,14,28) | 51.37 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c67dbbbf-7aa0-4eae-93bf-fe6a283d0a1a.pdf) |
| 2026-08-26 | [Dispatch Of Letter To Shareholders Whose E-Mail Addresses Are Not Registered With Company/ Registrar & Share Transfer Agent/ Depository Participants.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f009849-a937-4d91-a570-174a220b3429.pdf) |
| 2026-08-25 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=754b03a8-2ce6-4cf4-bc94-cf72d52c6129.pdf) |
| 2026-08-25 | [Submission Of 47Th Annual Report Of The Company For The Financial Year 2025-26 Along With Notice Of 47Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=843ec000-dc99-4cd2-9db6-6d8d108bc6a7.pdf) |
| 2026-08-19 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e6775cb-01e1-4932-9cb1-4442dca1cc3c.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b0d20af8-37be-4ecb-a8c1-e463fb7ac10b.pdf) |
| 2026-08-10 | [Board Meeting Outcome for Outcome Of Board Meeting Of The Company Held On Today The 10Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af3cbc3c-85a3-43c7-a280-f14c3cb0e55a.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Meeting Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a8d0b68-457d-4fe5-8aec-8c9399bd37fb.pdf) |
| 2026-08-10 | [Intimation Regarding Book Closure Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c858a0a-f24b-4af1-9b2f-5f7de21e5bd7.pdf) |
| 2026-08-10 | [Intimation Regarding Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=502b25a5-36fa-450e-a70b-53973aa7f560.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-10 | [Unaudited Financial Result For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc21cb56-bec0-4cc0-b957-287d03a42c25.pdf) |
| 2026-05-29 | [Audited Financial Results For The Quarter And Year Ended 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ebd858cc-fd99-45cd-a984-c0ca7744a601.pdf) |
| 2026-02-05 | [Un-Audited Financial Result For The Quarter And Nine Months Ended 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9044606-4a15-44fa-ba94-342c200f6c9b.pdf) |
| 2025-11-14 | [Un-Audited Financial Result For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ca62b37-ec64-409a-a078-03d7fa88e695.pdf) |
| 2025-08-13 | [Unaudited Financial Result For The Quarter Ended 30Th June 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f98ad15c-868f-4529-b879-63d3145314d6.pdf) |
| 2025-05-30 | [Audited Financial Result For The Quarter And Year Ended 31St March 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2f3d36b-1382-44f9-be4b-82dbd45c2459.pdf) |
| 2025-02-14 | [Un-Audited Financial Result For The Quarter And Nine Months Ended 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9605896d-7aed-4b1c-ab14-a4f7040f3c20.pdf) |
| 2024-11-12 | [Un-Audited Financial Result For The Quarter And Half Year Ended 30Th September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0649f5fe-653a-4fd8-aca4-7f9a15be5c44.pdf) |
| 2024-08-08 | [Unaudited Financial Result For The Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=512503ae-8c57-42d7-a71b-1c021077e995.pdf) |
| 2024-05-27 | [Audited Financial Result For The Quarter And Year Ended 31St March, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb86453d-5c20-4399-b2fc-2ff360f4b224.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Newspaper Publication of Unaudited Financial Result for the quarter and nine months ended 31st December, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Newspaper Publication of Unaudited Financial Result for the quarter and nine months ended 31st December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2f4f78d-c912-452b-b605-b44a9f68bea7.pdf) |
| 30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request. | [Announcement under Regulation 30 (LODR)-Credit Rating 30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1727431-dbed-484c-87f7-6d8ceea1f5c5.pdf) |
| 30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request. | [Announcement under Regulation 30 (LODR)-Credit Rating 30 Apr - Infomerics withdrew Incredible Industries’ bank facility ratings on 30 April 2026 at company request.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b1727431-dbed-484c-87f7-6d8ceea1f5c5.pdf) |
| 27 Mar - RND Steels sold 340,000 shares and Chandrakanta Agarwal bought 340,000 shares (0.73%) on 25.03.2026. | [Disclosure Pursuant To Regulation 7(2) Read With Regulation 6(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015. 27 Mar - RND Steels sold 340,000 shares and Chandrakanta Agarwal bought 340,000 shares (0.73%) on 25.03.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dfe920ac-8b0a-4e47-8d4f-64cb591faf04.pdf) |
| 23 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ended Mar 31, 2026. | [Closure of Trading Window 23 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter/year ended Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8d8023d-4730-47ce-904d-785dff479dc4.pdf) |
| 18 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 18 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ae9894c-4b2d-416f-9b2b-6d2cac09c0fd.pdf) |
| 13 Apr - IVRPL downgraded Incredible Industries' bank facilities on 10 April 2026 to IVR BBB-/A3, issuer not cooperating. | [Announcement under Regulation 30 (LODR)-Credit Rating 13 Apr - IVRPL downgraded Incredible Industries' bank facilities on 10 April 2026 to IVR BBB-/A3, issuer not cooperating.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71047beb-d09c-4997-8256-2f9c04021a41.pdf) |
| 11 Feb - Appointed Mr. Raj Prakash Verma (DIN 09305391) as Non-Executive Director; postal ballot passed Feb 10, 2026. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 11 Feb - Appointed Mr. Raj Prakash Verma (DIN 09305391) as Non-Executive Director; postal ballot passed Feb 10, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2686a622-2e7e-4927-bd56-e1243b982f0d.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 27 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81EA16CD_EAB8_447E_97C9_E5DB07B4A948_182310.pdf) |
| — | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 27 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3B508708_C4A5_4336_958A_4D6AC6CF37CA_184750.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ae59dcd-8fb0-4987-ae6f-461afbbe60b1.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84b66845-97b5-4556-9eb1-24b38cc300a9.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2feac43-7eff-4006-a61e-aa5cb4b34684.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538365/74554538365.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538365/69719538365.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/538365/65494538365.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/538365/5383650319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/538365/5383650318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/538365/5383650317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/538365/5383650316.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 2026-09-13T20:00:46.965Z.
