---
title: "Manaksia Steels Ltd (MANAKSTEEL) — Share Price, Financials & Analysis"
symbol: "MANAKSTEEL"
company: "Manaksia Steels Ltd"
canonical: "https://tapetide.com/stocks/MANAKSTEEL"
isin: "INE824Q01011"
nse_symbol: "MANAKSTEEL"
bse_code: "539044"
sector: "Metals & Mining"
industry: "Iron & Steel"
market_cap_cr: 790.93
generated_at: "2026-09-13T20:05:31.701Z"
---

# Manaksia Steels Ltd (MANAKSTEEL)

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

## Company

- **NSE Symbol:** MANAKSTEEL
- **BSE Code:** 539044
- **ISIN:** INE824Q01011
- **Sector:** Metals & Mining
- **Industry:** Iron & Steel
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2015-03-30
- **CEO:** Mr. Vineet Kumar Agrawal
- **Employees:** 236
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** manaksiasteels.com

## About

Incorporated in 2001, Manaksia Steels 
Ltd manufactures and export coated steel products, offering a wide range of value added steel solutions. [1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:40:47.629233Z.

- **Market Cap:** ₹790.93 Cr
- **Classification:** Microcap
- **P/E (reported):** 13.6
- **EPS (TTM):** ₹8.28
- **Book Value:** ₹49.74
- **Price to Book:** 2.34
- **Dividend Yield:** 0%
- **ROE:** 12.25%
- **ROCE:** 20.75%
- **Debt to Equity:** 0.45
- **Revenue (yearly):** ₹1135.4 Cr
- **Net Income:** ₹39.9 Cr
- **EBITDA:** ₹80.9 Cr
- **52-Week High:** ₹115.01
- **52-Week Low:** ₹45.11
- **RSI (14):** 75.73

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Rising
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 38.64 | 9% |
| growth | 98.9 | 9% |
| momentum | 98.62 | 12% |
| ownership | 50.94 | 24% |
| quality | 46.61 | 22% |
| valuation | 58.13 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is expected to give good quarter

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.35% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 355.36% | 218.14% | — |
| ebitda margin growth | 3.05% | 68.72% | -6.56% | -28.15% |
| net income growth | 17.1% | 311.34% | 49% | 15% |
| revenue growth | 0% | 75.54% | 18% | 22% |
| roce | 2.71% | 203.36% | 39.82% | 13.61% |
| roe | 17.24% | 263.5% | 8.36% | -7.69% |

## 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 | 155 | 119 | 153 | 156 | 95 | 142 | 190 | 201 | 244 | 298 | 310 | 302 |
| Expenses | 146 | 114 | 146 | 154 | 99 | 137 | 182 | 191 | 233 | 284 | 274 | 270 |
| Operating Profit | 8 | 5 | 7 | 3 | -3 | 5 | 8 | 10 | 11 | 14 | 37 | 33 |
| OPM % | 5 | 4.4 | 4.5 | 1.7 | -3.6 | 3.7 | 4 | 5 | 4.6 | 4.8 | 12 | 11 |
| Other Income | 4 | 6 | 4 | 4 | 9 | 0 | 1 | 3 | 1 | 3 | -2 | 4 |
| Interest | 0 | 3 | 4 | 2 | 1 | 2 | 3 | 3 | 4 | 2 | 7 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 11 | 8 | 7 | 4 | 3 | 2 | 4 | 8 | 6 | 12 | 25 | 30 |
| Tax % | 23 | 21 | 20 | 37 | 22 | -50 | -5 | 23 | 29 | 25 | 27 | 26 |
| Net Profit | 9 | 6 | 5 | 2 | 2 | 3 | 4 | 6 | 4 | 9 | 19 | 22 |
| EPS in Rs | 1.32 | 0.94 | 0.8 | 0.36 | 0.36 | 0.41 | 0.66 | 0.97 | 0.61 | 1.39 | 2.86 | 3.42 |

### 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 | 494 | 689 | 488 | 388 | 505 | 641 | 632 | 584 | 1053 | 1154 |
| Expenses | 459 | 666 | 473 | 360 | 466 | 624 | 600 | 572 | 981 | 1060 |
| Operating Profit | 35 | 23 | 14 | 28 | 39 | 17 | 32 | 12 | 72 | 95 |
| OPM % | 7 | 3.4 | 3 | 7 | 8 | 2.7 | 5 | 2.1 | 7 | 8 |
| Other Income | 2 | 2 | 3 | 6 | 8 | 7 | 18 | 14 | 4 | 5 |
| Interest | 4 | 3 | 2 | 1 | 1 | 2 | 7 | 8 | 16 | 17 |
| Depreciation | 7 | 5 | 6 | 6 | 6 | 5 | 5 | 5 | 9 | 11 |
| Profit before tax | 27 | 17 | 10 | 27 | 41 | 16 | 39 | 13 | 51 | 73 |
| Tax % | 37 | 38 | 11 | 27 | 27 | 23 | 22 | 7 | 26 | — |
| Net Profit | 17 | 10 | 9 | 20 | 30 | 13 | 30 | 12 | 38 | 54 |
| EPS in Rs | 2.54 | 1.57 | 1.33 | 3 | 4.51 | 1.93 | 4.61 | 1.79 | 5.82 | 8.28 |
| 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 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves | 153 | 170 | 180 | 187 | 212 | 251 | 275 | 302 | 300 | 332 |
| Borrowings | 58 | 93 | 0 | 42 | 64 | 8 | 46 | 183 | 206 | 151 |
| Other Liabilities | 36 | 88 | 95 | 61 | 22 | 24 | 29 | 54 | 33 | 104 |
| Total Liabilities | 254 | 357 | 281 | 296 | 305 | 290 | 357 | 546 | 545 | 594 |
| Fixed Assets | 55 | 50 | 49 | 47 | 43 | 39 | 40 | 49 | 52 | 141 |
| CWIP | 2 | 3 | 0 | 2 | 0 | 5 | 7 | 32 | 93 | 33 |
| Investments | 0 | 32 | 42 | 35 | 49 | 77 | 154 | 234 | 152 | 110 |
| Other Assets | 197 | 273 | 190 | 212 | 212 | 168 | 155 | 231 | 248 | 311 |
| Total Assets | 254 | 357 | 281 | 296 | 305 | 290 | 357 | 546 | 545 | 594 |

### 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 | 10 | -15 | 101 | -6 | 34 | -2 | 29 | -49 | 13 | 62 |
| Cash from Investing Activity | -12 | -26 | -5 | -22 | -72 | 59 | -67 | -84 | -19 | 3 |
| Cash from Financing Activity | -1 | 31 | -96 | 39 | 21 | -57 | 35 | 131 | 12 | -70 |
| Net Cash Flow | -3 | -9 | 0 | 11 | -16 | 1 | -2 | -3 | 6 | -5 |
| Free Cash Flow | 9 | -18 | 99 | -9 | 34 | -9 | 21 | -88 | -53 | 25 |
| CFO/OP | 56 | -3 | 471 | -11 | 145 | 24 | 190 | -137 | 125 | 101 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 102 | 69 | 43 | 32 | 16 | 14 | 8 | 15 | 24 | 22 |
| Inventory Days | 67 | 112 | 45 | 76 | 98 | 75 | 60 | 92 | 96 | 63 |
| Days Payable | 22 | 67 | 50 | 43 | 12 | 8 | 8 | 6 | 14 | 21 |
| Cash Conversion Cycle | 148 | 113 | 38 | 64 | 102 | 81 | 61 | 101 | 105 | 64 |
| Working Capital Days | 87 | 53 | 44 | 45 | 22 | 94 | 33 | -20 | 6 | 19 |
| ROCE % | 9 | 12 | 8 | 5 | 10 | 14 | 6 | 11 | 4 | 13 |

## 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 | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% |
| FIIs | 0% | 0% | 0.78% | 0.73% | 0.64% | 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% | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% | 0.63% |
| Public | 17.26% | 17.63% | 19.74% | 19.87% | 19.98% | 20.01% | 20.11% | 19.6% | 19.46% | 18.13% | 18.53% | 18.14% |
| Others | 7.99% | 7.62% | 4.73% | 4.64% | 4.63% | 4.61% | 4.52% | 5.02% | 5.16% | 6.49% | 6.09% | 6.48% |
| No. of Shareholders | 27599 | 27853 | 34560 | 33442 | 32443 | 31797 | 31413 | 30358 | 29488 | 27970 | 27638 | 26898 |

## 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) | 108.53 | Buy |
| EMA (10) | 107.66 | Buy |
| SMA (20) | 97.95 | Buy |
| EMA (20) | 100.51 | Buy |
| SMA (50) | 85.51 | Buy |
| EMA (50) | 89.02 | Buy |
| SMA (100) | 77.23 | Buy |
| EMA (100) | 80.27 | Buy |
| SMA (200) | 68.84 | Buy |
| EMA (200) | 72.6 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 77.43 | Sell |
| MACD (12,26,9) | 8.68 | Buy |
| Stochastic (14,3,3) | 91.42 | Sell |
| ADX (14) | 58.94 | Buy |
| Williams %R (14) | -8.2 | Sell |
| ATR (14) | 5.21 | High Volatility |
| ROC (12) | 35.5 | Buy |
| Stoch RSI (14) | 71.98 | Neutral |
| UO (7,14,28) | 61.84 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Letter To The Shareholders For Annual Report Web-Link](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=78bd6904-bf31-4a6d-a446-0eeeb862477b.pdf) |
| 2026-08-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36452a1b-f2e6-4896-8134-8e54121d7a5b.pdf) |
| 2026-08-27 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=574984b6-57e0-4511-b363-c5bb35f73045.pdf) |
| 2026-08-27 | [Notice Of 25Th Annual General Meeting Scheduled To Be Held On 23Rd September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3fbea36-8b20-4a20-9c4d-46833138e59d.pdf) |
| 2026-08-21 | [Updates On Pending Litigation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8a9d053-88b8-415f-ab97-6d1b62d1f477.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=937d17a2-500e-436e-ba03-ba0bdc41ea41.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed2e4e82-1ad5-423e-abb0-28969d982d05.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2bf05d3-8af9-4336-8c87-63b788d4d8f5.pdf) |
| 2026-08-11 | [Disclosure Of Pending Litigation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e28e11e3-8a62-42a3-a6a0-aa4b3c0ce9c2.pdf) |
| 2026-08-10 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 10Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ff9d4d8-041a-438c-abd1-215c82e8ae54.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-10 | [Un-Audited Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6a3c548-266e-412f-a690-c31d06e88af3.pdf) |
| 2026-05-22 | [Financial Results For The Quarter And Year Ended 31/03/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af459b76-91c6-43ab-9bba-0ecf5e8811a3.pdf) |
| 2026-01-31 | [Un-Audited Financial Results (Both Standalone And Consolidated) Of The Company For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05a6d0cd-d22c-4ade-b3b1-cd72139ab1c8.pdf) |
| 2025-11-13 | [Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ec5c786-d562-4299-998d-93805f6a92a5.pdf) |
| 2025-07-29 | [Financial Results Of The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d016d674-2d5a-487d-8952-21f334916067.pdf) |
| 2025-05-28 | [Financial Results For The Quarter And Year Ended 31/03/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf8a8027-e8cc-40b1-ae44-866a0d824bb8.pdf) |
| 2025-02-12 | [Financial Results For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb786317-3b5b-4851-bc66-17be1e6b0783.pdf) |
| 2024-11-08 | [Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d22142e-b0e8-4f38-9921-d2d887ab7f33.pdf) |
| 2024-08-13 | [Financial Results For The Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ad3db80-da93-4fc8-a110-9f87db2b3963.pdf) |
| 2024-05-28 | [Audited Financial Results For The Quarter And Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3f3a457-a96a-45da-b379-9975b10d1946.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0bbd4057-379e-470f-981e-ad3727d2281e.pdf) |
| 31 Jan - Q3 FY26: Standalone income ₹301.04Cr, PAT ₹9.10Cr; 9M income ₹749.28Cr; new line commissioning Feb–Mar 2026. | [Key Financial Highlights On Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December, 2025 31 Jan - Q3 FY26: Standalone income ₹301.04Cr, PAT ₹9.10Cr; 9M income ₹749.28Cr; new line commissioning Feb–Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/806b2332-bec2-4de4-9c7a-fa4182c2c9ee.pdf) |
| 25 Mar - Add 2,50,000 tpa via 6-Hi cold rolling mill; total 3,70,000 tpa; ~Rs100 crore; by Q4 FY2027-28. | [Proposed Capacity Expansion For Production Of Cold Rolled Coils At Haldia, West Bengal 25 Mar - Add 2,50,000 tpa via 6-Hi cold rolling mill; total 3,70,000 tpa; ~Rs100 crore; by Q4 FY2027-28.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a08ce82e-8920-46f5-9f6a-d8a60210d5b2.pdf) |
| 2 Feb - Newspaper publication of Un-audited Financial Results of the Company for the quarter and nine months ended 31st December, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Feb - Newspaper publication of Un-audited Financial Results of the Company for the quarter and nine months ended 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1f98cbd-f631-4fc5-9a1f-d2114291238b.pdf) |
| 17 Mar - Four ordinary resolutions passed (17-Mar-2026): material related-party transactions approved for FY2026-27 with group entities. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 17 Mar - Four ordinary resolutions passed (17-Mar-2026): material related-party transactions approved for FY2026-27 with group entities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83f3d348-0474-403d-b695-7bbe5721ea86.pdf) |
| 13 Feb - Newspaper publication pertaining to Notice of Postal Ballot of the Company dated 31st January, 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb - Newspaper publication pertaining to Notice of Postal Ballot of the Company dated 31st January, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0abcfa2-6282-4aa5-ba32-151c16fe6da6.pdf) |
| 12 Feb - Postal ballot to approve RPTs: MINL Rs200Cr, ML Rs75Cr, SUMO Rs250Cr, MFIL Rs75Cr; voting 13 Feb–14 Mar 2026. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 12 Feb - Postal ballot to approve RPTs: MINL Rs200Cr, ML Rs75Cr, SUMO Rs250Cr, MFIL Rs75Cr; voting 13 Feb–14 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d6c31356-0510-44ab-8bb9-86a0523fe053.pdf) |
| 11 Feb - Newspaper publication regarding Special Window for Transfer and Dematerialization of Physical Securities | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Feb - Newspaper publication regarding Special Window for Transfer and Dematerialization of Physical Securities](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b775d97-9b31-47c9-abf2-48e839109916.pdf) |
| 11 Apr - Newspaper publication regarding Special Window for Transfer and Dematerialization of Physical securities | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Apr - Newspaper publication regarding Special Window for Transfer and Dematerialization of Physical securities](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08ecf9d9-bbd7-42c3-8e3a-2373b3dc217a.pdf) |
| — | [Closure of Trading Window 26 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/319893df-1a91-437e-b56c-2da6f315b19c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/417fc6bd-7e5d-40a8-a111-5d9e4753c139.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c92be3e-bd80-4154-a502-ae80bcc6ba86.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9982fe0-4153-4dda-93b3-6ed1669090ef.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539044/75354539044.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539044/69782539044.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539044/65560539044.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539044/5390440319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539044/5390440318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539044/5390440317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539044/5390440316.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 2026-09-13T20:05:31.701Z.