---
title: "Mazda Ltd (MAZDA) — Share Price, Financials & Analysis"
symbol: "MAZDA"
company: "Mazda Ltd"
canonical: "https://tapetide.com/stocks/MAZDA"
isin: "INE885E01042"
nse_symbol: "MAZDA"
bse_code: "523792"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 510.64
generated_at: "2026-09-13T19:36:48.416Z"
---

# Mazda Ltd (MAZDA)

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

## Company

- **NSE Symbol:** MAZDA
- **BSE Code:** 523792
- **ISIN:** INE885E01042
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2016-11-01
- **CEO:** Mr. Cyrus Jimmy Bhagwagar
- **Employees:** 243
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** mazdalimited.com

## About

Mazda Limited, incorporated in 1990, is engaged in the business of manufacturing Engineering goods like Vacuum Products, Evaporators, Pollution Control Equipments and Manufacturing of Food Products like Food colour, Various Fruit Jams & Fruit mix Powders etc. [1]

## Latest Price

- **Price:** ₹255.25
- **Change:** -5.75 (-2.2%)
- **Open:** ₹265.8
- **Day High:** ₹265.8
- **Day Low:** ₹252.65
- **Previous Close:** ₹261
- **Volume:** 5715
- **As Of:** 2026-09-11T10:25:04+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:56.336234Z.

- **Market Cap:** ₹510.64 Cr
- **Classification:** Microcap
- **P/E (reported):** 17.8
- **P/E (TTM):** 17.09
- **EPS (TTM):** ₹14.94
- **Book Value:** ₹124.51
- **Price to Book:** 2.14
- **Dividend Yield:** 1.53%
- **ROE:** 11.03%
- **ROCE:** 14.54%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹219.1 Cr
- **Net Income:** ₹27.5 Cr
- **EBITDA:** ₹41.5 Cr
- **52-Week High:** ₹308
- **52-Week Low:** ₹159.2
- **RSI (14):** 59.68

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Rising
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 81.83 | 9% |
| growth | 50 | 9% |
| momentum | 73.73 | 12% |
| ownership | 52.68 | 24% |
| quality | 41.22 | 22% |
| valuation | 65.9 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 26.2%

### Weaknesses

- The company has delivered a poor sales growth of 6.83% over past five years.
- Company has a low return on equity of 12.7% over last 3 years.
- Debtor days have increased from 77.4 to 102 days.
- Working capital days have increased from 125 days to 187 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -269.56% | -143.63% | -323.45% |
| ebitda margin growth | 7.92% | 1.66% | -5.11% | 3.72% |
| net income growth | 15.87% | 10.44% | 1% | 11% |
| revenue growth | 30.48% | 9.17% | 3% | 7% |
| roce | — | 2.32% | -25.51% | 16.88% |
| roe | — | 2.04% | 12.23% | -14.83% |

## 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 | 62.71 | 53.97 | 57.55 | 36.17 | 56.79 | 46.78 | 53.52 | 49.63 | 50.84 | 47.39 | 64.19 | 80.34 |
| Expenses | 54.27 | 43.72 | 45.46 | 34.45 | 47.8 | 36.09 | 45.63 | 46.4 | 40.38 | 36.6 | 54.18 | 73 |
| Operating Profit | 8.44 | 10.25 | 12.09 | 1.72 | 8.99 | 10.69 | 7.89 | 3.23 | 10.46 | 10.79 | 10.01 | 7.34 |
| OPM % | 13.46 | 18.99 | 21.01 | 4.76 | 15.83 | 22.85 | 14.74 | 6.51 | 20.57 | 22.77 | 15.59 | 9.14 |
| Other Income | 1 | 1.77 | 1.96 | 3.14 | 3.88 | 0.2 | 0.92 | 4.27 | 0.82 | 1.84 | 0.12 | 3.59 |
| Interest | 0.1 | 0.11 | 0.15 | 0.15 | 0.07 | 0.21 | 0.1 | 0.16 | 0.25 | 0.28 | 0.32 | 0.18 |
| Depreciation | 1 | 1 | 1.02 | 0.96 | 0.97 | 0.98 | 0.98 | 1.02 | 1.04 | 1.06 | 1.07 | 1.13 |
| Profit before tax | 8.34 | 10.91 | 12.88 | 3.75 | 11.83 | 9.7 | 7.73 | 6.32 | 9.99 | 11.29 | 8.74 | 9.62 |
| Tax % | 25.78 | 24.2 | 27.25 | 22.93 | 24.09 | 23.51 | 28.07 | 22.31 | 24.22 | 22.67 | 28.15 | 23.8 |
| Net Profit | 6.19 | 8.26 | 9.37 | 2.9 | 8.98 | 7.42 | 5.56 | 4.91 | 7.58 | 8.72 | 6.29 | 7.33 |
| EPS in Rs | 3.1 | 4.13 | 4.68 | 1.45 | 4.49 | 3.71 | 2.78 | 2.45 | 3.79 | 4.35 | 3.14 | 3.66 |

### 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 | 107 | 139 | 180 | 152 | 165 | 192 | 225 | 193 | 212 | 243 |
| Expenses | 93 | 120 | 155 | 129 | 137 | 154 | 186 | 163 | 178 | 204 |
| Operating Profit | 14 | 19 | 25 | 24 | 28 | 38 | 40 | 30 | 35 | 39 |
| OPM % | 13 | 14 | 14 | 16 | 17 | 20 | 18 | 16 | 16 | 16 |
| Other Income | 4 | 3 | 2 | 2 | 3 | 2 | 7 | 7 | 7 | 6 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 4 | 4 | 4 |
| Profit before tax | 14 | 19 | 22 | 22 | 28 | 36 | 42 | 33 | 36 | 40 |
| Tax % | 29 | 24 | 26 | 26 | 23 | 25 | 25 | 25 | 24 | — |
| Net Profit | 10 | 14 | 17 | 16 | 21 | 27 | 32 | 25 | 28 | 30 |
| EPS in Rs | 4.84 | 6.62 | 8.32 | 8.16 | 10.62 | 13.32 | 15.76 | 12.41 | 13.74 | 14.94 |
| Dividend Payout % | 34 | 27 | 24 | 27 | 23 | 21 | 20 | 29 | 29 | — |

### 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 114 | 120 | 130 | 128 | 143 | 160 | 182 | 208 | 226 | 245 |
| Borrowings | 2 | 3 | 2 | 1 | 1 | 0 | 1 | 0 | 0 | 0 |
| Other Liabilities | 20 | 24 | 37 | 34 | 24 | 28 | 38 | 28 | 35 | 66 |
| Total Liabilities | 141 | 151 | 173 | 167 | 173 | 192 | 224 | 240 | 265 | 315 |
| Fixed Assets | 34 | 34 | 34 | 33 | 35 | 35 | 76 | 75 | 74 | 74 |
| CWIP | 4 | 4 | 8 | 17 | 25 | 40 | 0 | 0 | 1 | 0 |
| Investments | 47 | 57 | 43 | 28 | 40 | 31 | 43 | 78 | 89 | 65 |
| Other Assets | 56 | 56 | 88 | 89 | 73 | 86 | 105 | 88 | 101 | 175 |
| Total Assets | 141 | 151 | 173 | 167 | 173 | 192 | 224 | 240 | 265 | 315 |

### 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 | 14 | -5 | 22 | 20 | 8 | 24 | 43 | 11 | -19 |
| Cash from Investing Activity | -10 | -7 | 10 | 4 | -20 | -5 | -15 | -30 | -9 | 24 |
| Cash from Financing Activity | -4 | -4 | -9 | -19 | -2 | -6 | -6 | -6 | -7 | -8 |
| Net Cash Flow | -7 | 3 | -4 | 7 | -2 | -3 | 3 | 6 | -5 | -3 |
| Free Cash Flow | -8 | 13 | -12 | 10 | 10 | -7 | 19 | 40 | 7 | -23 |
| CFO/OP | 81 | 117 | 1 | 112 | 112 | 49 | 82 | 134 | 63 | -35 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 75 | 85 | 79 | 67 | 76 | 92 | 70 | 54 | 77 | 102 |
| Inventory Days | 116 | 132 | 181 | 133 | 131 | 156 | 208 | 113 | 178 | 394 |
| Days Payable | 70 | 93 | 112 | 66 | 55 | 70 | 73 | 44 | 63 | 89 |
| Cash Conversion Cycle | 120 | 124 | 148 | 135 | 152 | 178 | 205 | 122 | 191 | 407 |
| Working Capital Days | 84 | 79 | 105 | 84 | 94 | 118 | 116 | 78 | 111 | 187 |
| ROCE % | 14 | 12 | 15 | 17 | 16 | 18 | 21 | 21 | 15 | 16 |

## 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 | 48.35% | 48.35% | 48.35% | 48.35% | 48.52% | 48.52% | 48.58% | 48.58% | 48.58% | 48.58% | 48.58% | 48.67% |
| FIIs | 0.21% | 0% | 0.21% | 0.21% | 0.2% | 0.27% | 0.15% | 0.15% | 0.08% | 0.13% | 0.05% | 0.07% |
| DIIs | 0.05% | 0.02% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 34.37% | 34.88% | 35.14% | 35.23% | 35.19% | 35.2% | 35.14% | 35.04% | 35.12% | 34.81% | 35.17% | 34.77% |
| Others | 17.02% | 16.76% | 16.26% | 16.16% | 16.04% | 15.96% | 16.07% | 16.18% | 16.16% | 16.43% | 16.14% | 16.43% |
| No. of Shareholders | 6453 | 8521 | 10105 | 10685 | 10445 | 11886 | 12981 | 12923 | 14900 | 14196 | 13992 | 13620 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 263.93 | Sell |
| EMA (10) | 261.11 | Sell |
| SMA (20) | 251.13 | Buy |
| EMA (20) | 254.07 | Buy |
| SMA (50) | 238.89 | Buy |
| EMA (50) | 242.05 | Buy |
| SMA (100) | 229.36 | Buy |
| EMA (100) | 232.95 | Buy |
| SMA (200) | 217.6 | Buy |
| EMA (200) | 230.13 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.26 | Neutral |
| MACD (12,26,9) | 8.94 | Buy |
| Stochastic (14,3,3) | 64.97 | Neutral |
| ADX (14) | 41.05 | Buy |
| Williams %R (14) | -53.03 | Neutral |
| ATR (14) | 11.72 | High Volatility |
| ROC (12) | 5.86 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 63.17 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=149c13a2-d9a3-45fd-881c-d253d460c6a8.pdf) |
| 2026-08-26 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d2f77c6-04e3-45c0-b374-25200629611a.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45b0bf86-37e7-4a00-8070-308ae010c460.pdf) |
| 2026-08-17 | [Intimation Of Record Date Fixed For The Final Dividend Of The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe5d45b1-cadb-4147-9efc-f8388c2920b3.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de755633-cdb2-4710-9c02-aceda1b85b3b.pdf) |
| 2026-08-11 | [36Th Annual General Meeting To Be Held On 21St September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72a13cf9-6520-4cd3-8bb7-37f9a6061f51.pdf) |
| 2026-08-10 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 10Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7bc65470-9376-4715-8c5c-d7dc80005652.pdf) |
| 2026-08-05 | [Board Meeting Intimation for Consideration Approval And Take On Record The Unaudited Financial Results For The First Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c2d9945-fa4c-44ec-b8f4-87344dfbe13d.pdf) |
| 2026-07-28 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c55b1085-a007-4a28-a52a-8c27b04675f8.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a4bffe7-453d-4999-b8ed-244236816503.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-10 | [Financial Result For The Period Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e478665-1ee8-4077-a336-6d86f94891ea.pdf) |
| 2026-05-26 | [Financial Results For The Quarter And Year Ended On 31 March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a88c775-35b7-4ada-8c6c-b04bb6f6e5e2.pdf) |
| 2026-02-11 | [Unaudited Financial Result For The Quarter Ended On December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4d099f8-521c-4645-bd49-1bb3d6cc1741.pdf) |
| 2025-11-12 | [Unaudited Financial Result For The Quarter And Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=acb9c086-fff7-436c-bf1d-0999c2fbb89b.pdf) |
| 2025-05-29 | [Financial Results For The Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbb73696-c686-4a0a-8c64-cf20b893f3cc.pdf) |
| 2025-02-12 | [Financial Result For Quarter Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b197007b-f762-4fb4-8ec3-a907c9086646.pdf) |
| 2024-11-13 | [Financial Results For The Quarter And Half Year Ended On 30/09/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16b36457-7e35-4ca7-921f-22d2d1e0df2d.pdf) |
| 2024-08-07 | [Financial Results For The Quarter Ended On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22a99ebd-caa5-4b3d-80a5-08837bfcfd50.pdf) |
| 2024-05-23 | [Financial Results For The Fourth Quarter And Year Ended On 31/03/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dddab743-0740-4f96-a0f6-6b207e6a84ad.pdf) |
| 2024-02-12 | [Financial Results For The Quarter Ended On 31/12/2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3bc2560-c23d-434a-9381-8af38195d987.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 4 Feb - Board meeting on 11 Feb 2026 to consider unaudited Q3 results for quarter ended 31 Dec 2025. | [Board Meeting Intimation for Considering, Approval And Take On Record The Unaudited Financial Results For The Third Quarter Ended On 31St December, 2025 4 Feb - Board meeting on 11 Feb 2026 to consider unaudited Q3 results for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c3fd422-72f4-4714-8a3d-230335b5fdde.pdf) |
| 15 Apr - Regulation 74(5) certificate submitted for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr - Regulation 74(5) certificate submitted for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d33ee349-794d-4fdd-b108-11d776624433.pdf) |
| 13 Jan - With reference to the captioned subject, please find attached declaration furnished by our Registrar and Share Transfer Agent MUFG In time India Private Limited (Formerly … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - With reference to the captioned subject, please find attached declaration furnished by our Registrar and Share Transfer Agent MUFG In time India Private Limited (Formerly …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da2ddd69-f1db-461e-bc74-da0d79f4f696.pdf) |
| 13 Feb - Read with regulation 47 of SEBI (LODR) Regulations, 2015, please find enclosed newspaper publication of the extract of the Unaudited Financial Results of the company … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb - Read with regulation 47 of SEBI (LODR) Regulations, 2015, please find enclosed newspaper publication of the extract of the Unaudited Financial Results of the company …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1872ede1-8fbd-4bf5-bf61-d42326c0557b.pdf) |
| 11 Feb - Approved Q3 results (31 Dec 2025): revenue Rs4,739.32L, PAT Rs872.34L, EPS Rs4.36; limited review. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 11Th February, 2026 11 Feb - Approved Q3 results (31 Dec 2025): revenue Rs4,739.32L, PAT Rs872.34L, EPS Rs4.36; limited review.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a39db3d6-508a-4d22-a7ca-87fa6939192f.pdf) |
| — | [Closure of Trading Window 31 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49db8188-a57a-4fe2-a4cd-5935eaf87280.pdf) |
| — | [Unaudited Financial Result For The Quarter Ended On December 31, 2025 11 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4d099f8-521c-4645-bd49-1bb3d6cc1741.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96cc6eb3-b010-4e65-a882-c266f76a6357.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff9c3217-e404-4adb-9f3e-b7ff254403d1.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d36cb46-e67e-4c6b-a604-a4791ca8507b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523792/75180523792.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/523792/69784523792.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/523792/65320523792.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/523792/5237920319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/523792/5237920318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/523792/5237920317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/523792/5237920316.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2024-09-06 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5efd256-9c48-4a89-873e-4a494318d6b1.pdf) |
| 2023-09-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fe49956-dab9-400a-8984-c048c160371c.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2024 | [Concall - Sep 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63c05f4f-45a3-4532-bb05-46d445bfda85.pdf) |
| Sep 2024 | [Concall - Sep 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63c05f4f-45a3-4532-bb05-46d445bfda85.pdf) |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=731e7126-8aaa-4ed8-88a9-89882d381e42.pdf) |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/731e7126-8aaa-4ed8-88a9-89882d381e42.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 2026-09-13T19:36:48.416Z.