---
title: "Mcleod Russel India Ltd (MCLEODRUSS) — Share Price, Financials & Analysis"
symbol: "MCLEODRUSS"
company: "Mcleod Russel India Ltd"
canonical: "https://tapetide.com/stocks/MCLEODRUSS"
isin: "INE942G01012"
nse_symbol: "MCLEODRUSS"
bse_code: "532654"
sector: "Consumer Goods"
industry: "Tea & Coffee"
market_cap_cr: 458.98
generated_at: "2026-09-13T19:32:13.410Z"
---

# Mcleod Russel India Ltd (MCLEODRUSS)

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

## Company

- **NSE Symbol:** MCLEODRUSS
- **BSE Code:** 532654
- **ISIN:** INE942G01012
- **Sector:** Consumer Goods
- **Industry:** Tea & Coffee
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2005-07-29
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** mcleodrussel.com

## About

Incorporated in 1998, McLeod Russel
 India Ltd is in the business of cultivation 
 and manufacturing of tea[1]

## Latest Price

- **Price:** ₹43.28
- **Change:** -0.77 (-1.75%)
- **Open:** ₹44.2
- **Day High:** ₹44.51
- **Day Low:** ₹42.15
- **Previous Close:** ₹44.05
- **Volume:** 258616
- **As Of:** 2026-09-11T10:01:39+00:00

## Key Fundamentals

Observed at 2026-09-11T04:37:52.122046Z.

- **Market Cap:** ₹458.98 Cr
- **Classification:** Microcap
- **P/E (reported):** -4.9
- **EPS (TTM):** ₹-8.95
- **Book Value:** ₹-27.8
- **Price to Book:** -1.58
- **Dividend Yield:** 0%
- **ROE:** -349.34%
- **ROCE:** -6.69%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹1154.39 Cr
- **Net Income:** ₹-376.63 Cr
- **EBITDA:** ₹-172.85 Cr
- **52-Week High:** ₹78.41
- **52-Week Low:** ₹28.5
- **RSI (14):** 32.15

## Tapetide Score

- **Score:** 44 / 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:** 25 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 9.96 | 9% |
| growth | 36.92 | 9% |
| momentum | 66.28 | 12% |
| ownership | 45.7 | 24% |
| quality | 38.65 | 22% |
| valuation | 65.1 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.30% over past five years.
- Promoter holding is low: 6.25%
- Company has a low return on equity of -90.4% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 111.23% | -64.58% | -59.35% |
| ebitda margin growth | 111.25% | -851.52% | 75.27% | -360.14% |
| net income growth | 81.57% | 90.31% | 30% | 19% |
| revenue growth | 95.62% | -2.83% | -6% | -4% |
| roce | -105.37% | -82.29% | -94.16% | -30.58% |
| roe | -81.59% | 180.37% | -219.84% | — |

## 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 | 366 | 349 | 195 | 197 | 453 | 371 | 165 | 216 | 363 | 445 | 130 | 261 |
| Expenses | 243 | 389 | 381 | 185 | 295 | 397 | 291 | 209 | 264 | 438 | 270 | 232 |
| Operating Profit | 123 | -40 | -186 | 12 | 158 | -26 | -125 | 7 | 98 | 8 | -139 | 29 |
| OPM % | 34 | -12 | -96 | 6 | 35 | -7 | -76 | 3.3 | 27 | 1.7 | -107 | 11 |
| Other Income | 2 | 5 | 6 | 21 | 1 | 1 | 1 | 2 | 1 | 0 | -142 | 3 |
| Interest | 48 | 47 | 54 | 48 | 49 | 62 | 67 | 46 | 47 | 44 | 10 | 29 |
| Depreciation | 18 | 16 | 16 | 15 | 15 | 15 | 16 | 15 | 15 | 15 | 16 | 16 |
| Profit before tax | 60 | -98 | -250 | -30 | 95 | -102 | -207 | -52 | 37 | -51 | -308 | -13 |
| Tax % | -3 | -17 | -13 | -31 | 11 | -15 | -16 | -16 | 22 | -28 | -76 | 0 |
| Net Profit | 61 | -82 | -218 | -21 | 85 | -87 | -174 | -43 | 29 | -36 | -73 | -13 |
| EPS in Rs | 5.85 | -7.82 | -20.91 | -1.98 | 8.09 | -8.36 | -16.7 | -4.16 | 2.78 | -3.49 | -6.96 | -1.28 |

### 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 | 2055 | 1723 | 1143 | 1438 | 1356 | 1370 | 1136 | 1185 | 1154 | 1200 |
| Expenses | 1903 | 1763 | 1101 | 1243 | 1288 | 1275 | 1245 | 1164 | 1180 | 1204 |
| Operating Profit | 152 | -41 | 42 | 195 | 68 | 95 | -109 | 21 | -26 | -4 |
| OPM % | 7 | -2.4 | 3.7 | 14 | 5 | 7 | -10 | 1.8 | -2.2 | -0.3 |
| Other Income | 382 | 523 | 73 | 20 | 10 | -918 | 17 | 22 | -140 | -139 |
| Interest | 180 | 338 | 227 | 205 | 165 | 201 | 203 | 226 | 147 | 130 |
| Depreciation | 102 | 84 | 78 | 90 | 75 | 70 | 66 | 61 | 61 | 62 |
| Profit before tax | 252 | 61 | -189 | -80 | -162 | -1093 | -362 | -245 | -373 | -335 |
| Tax % | 13 | 36 | -22 | -34 | 12 | -3 | -14 | -19 | -67 | — |
| Net Profit | 219 | 39 | -148 | -52 | -181 | -1057 | -312 | -198 | -124 | -93 |
| EPS in Rs | 19 | 3.05 | -14.15 | -5.02 | -17.32 | -101.14 | -29.83 | -18.94 | -11.82 | -8.95 |
| Dividend Payout % | 2 | 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 | 41 | 46 | 44 | 52 | 52 | 52 | 52 | 52 | 52 | 52 |
| Reserves | 1918 | 2121 | 1971 | 1802 | 1771 | 1596 | 517 | 198 | 4 | -103 |
| Borrowings | 936 | 1091 | 1812 | 2346 | 2261 | 2089 | 1961 | 1892 | 1902 | 1495 |
| Other Liabilities | 557 | 585 | 733 | 735 | 824 | 1025 | 1209 | 1394 | 1636 | 908 |
| Total Liabilities | 3452 | 3843 | 4559 | 4935 | 4908 | 4763 | 3740 | 3536 | 3594 | 2353 |
| Fixed Assets | 2137 | 2120 | 1475 | 1426 | 1397 | 1395 | 1386 | 1280 | 1260 | 1229 |
| CWIP | 91 | 107 | 89 | 93 | 67 | 56 | 47 | 45 | 41 | 38 |
| Investments | 72 | 96 | 101 | 11 | 53 | 62 | 52 | 62 | 58 | 48 |
| Other Assets | 1151 | 1520 | 2893 | 3406 | 3391 | 3250 | 2254 | 2148 | 2234 | 1037 |
| Total Assets | 3452 | 3843 | 4559 | 4935 | 4908 | 4763 | 3740 | 3536 | 3594 | 2353 |

### 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 | 137 | 196 | 280 | 84 | 178 | 105 | 205 | 34 | 72 | 53 |
| Cash from Investing Activity | -68 | -147 | -323 | -740 | -1 | -57 | -42 | 57 | -19 | -14 |
| Cash from Financing Activity | -64 | -28 | 320 | 362 | -132 | -120 | -174 | -100 | -50 | -33 |
| Net Cash Flow | 5 | 21 | 277 | -295 | 45 | -72 | -11 | -9 | 3 | 7 |
| Free Cash Flow | 43 | 107 | 804 | 233 | 144 | 45 | 159 | 17 | 50 | 38 |
| CFO/OP | 148 | 161 | -722 | 189 | 68 | 162 | 226 | -18 | 410 | -155 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 21 | 22 | 8 | 11 | 8 | 13 | 11 | 15 | 15 | 12 |
| Inventory Days | 274 | 251 | 275 | 486 | 352 | 288 | 422 | 343 | — | 718 |
| Days Payable | 135 | 136 | 212 | 223 | 192 | 204 | 349 | 345 | — | 594 |
| Cash Conversion Cycle | 161 | 137 | 71 | 273 | 168 | 97 | 84 | 13 | 15 | 136 |
| Working Capital Days | 7 | 58 | -345 | -734 | -624 | -661 | -708 | -933 | -938 | -349 |
| ROCE % | 6 | 8 | 3 | 0 | 3 | 0 | 1 | -7 | -2 | -5 |

## 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 | 6.25% | 6.25% | 6.25% | 6.25% | 6.25% | 6.25% | 6.25% | 6.25% | 6.25% | 6.25% | 6.25% | 6.25% |
| FIIs | 0% | 1.37% | 2.15% | 1.6% | 1.86% | 1.37% | 1.48% | 1.56% | 1.5% | 1.43% | 1.84% | 1.49% |
| DIIs | 1.34% | 1.34% | 1.34% | 1.31% | 1.31% | 1.28% | 1.28% | 1.28% | 1.24% | 0.61% | 0.58% | 0.54% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 67.12% | 67.86% | 68.2% | 69.31% | 66.54% | 66.5% | 67.08% | 67.39% | 67.98% | 69.82% | 69.68% | 70.3% |
| Others | 25.29% | 23.18% | 22.06% | 21.53% | 24.05% | 24.6% | 23.91% | 23.53% | 23.04% | 21.89% | 21.65% | 21.42% |
| No. of Shareholders | 66980 | 65985 | 65501 | 64865 | 65826 | 64587 | 63580 | 62795 | 63840 | 61762 | 60812 | 58315 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 46.01 | Sell |
| EMA (10) | 45.59 | Sell |
| SMA (20) | 47.3 | Sell |
| EMA (20) | 47 | Sell |
| SMA (50) | 50.24 | Sell |
| EMA (50) | 50.26 | Sell |
| SMA (100) | 57.13 | Sell |
| EMA (100) | 51.92 | Sell |
| SMA (200) | 50.3 | Sell |
| EMA (200) | 50.14 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 30.16 | Neutral |
| MACD (12,26,9) | -1.81 | Sell |
| Stochastic (14,3,3) | 6.49 | Buy |
| ADX (14) | 25.97 | Buy |
| Williams %R (14) | -88.46 | Buy |
| ATR (14) | 2.12 | High Volatility |
| ROC (12) | -12.65 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 28.68 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eebaf964-68ae-43b0-b090-021f4fe8a2d2.pdf) |
| 2026-09-09 | [Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=abd0d641-7091-479f-adba-6c0adfaaaf75.pdf) |
| 2026-09-08 | [Notice Of The 28Th Annual General Meeting Of The Company To Be Held On Wednesday 30Th September 2026 At 11:30 A.M](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9774145-eed7-45b4-933f-18ae824d75cc.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3dc88677-80c3-4824-8059-75f14a0e84ab.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9654ed2b-0c69-4a5f-879a-167e2f3ec5e4.pdf) |
| 2026-08-28 | [Announcement under Regulation 30 (LODR)-Restructuring](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dba0130a-56aa-46f5-ba5c-707a7e823b16.pdf) |
| 2026-08-19 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=053de37c-a572-46ff-9752-3ad4e3bb39d0.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e44c337d-d54f-4a3d-ad27-2ad7c8e9e148.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Unaudited Financial Results For Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2fb0462-d8ed-4a5b-877e-d4b9470edfdc.pdf) |
| 2026-08-10 | [Board Meeting Intimation for Inter Alia Consideration And Approval Of Unaudited Financial Results For Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f2600ad-7924-418a-b7b8-69cc189fc11c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Financial Results For Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55e21f77-4dd8-445d-a473-466b06ca9703.pdf) |
| 2026-05-29 | [Financial Results For The Quarter And Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90c09e4f-0361-4061-9d61-c1f07f96c980.pdf) |
| 2026-02-13 | [Unaudited Financial Results For Quarter Ended 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66f5eb47-3652-4a1b-9ff3-62572ade9f8b.pdf) |
| 2025-11-14 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9abfe0e3-b15c-4e4d-8b75-c7e721f20c4e.pdf) |
| 2025-08-14 | [Financial Results For Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9cf1ce7-3e58-4c72-87f3-89a23590a9d4.pdf) |
| 2025-05-29 | [Financial Results For The Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa48e0ba-b341-48df-bd04-a30e22fd47aa.pdf) |
| 2025-02-13 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f27313a-07d0-4458-9fef-238d2ea951f7.pdf) |
| 2024-11-13 | [Results - Quarter Ended 30 September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c200852-3262-48b8-9478-69786ab83e95.pdf) |
| 2024-08-14 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1764da01-b80d-4912-abd3-f55002e9654c.pdf) |
| 2024-05-30 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=015e4b64-aa60-46a9-a048-968ddebc5b54.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bd19cd39-f1e1-41e0-a766-8c4723b8aeaf.pdf) |
| 6 Feb - Board meeting on 13 Feb 2026 to approve Q3/9M unaudited results ended 31 Dec 2025; trading window remains closed. | [Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results, Both On Standalone And Consolidated Basis, For Quarter And Nine Months Ended On 31St December, 2025. 6 Feb - Board meeting on 13 Feb 2026 to approve Q3/9M unaudited results ended 31 Dec 2025; trading window remains closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61ba5ec0-77ea-4576-81d3-b48a3265e48e.pdf) |
| 27 Apr - MoUs signed to sell Nya Gogra, Rupajuli and Boroi tea estates for ₹88.85 crore; Pradip Bhar appointed WTD/CFO. | [Announcement under Regulation 30 (LODR)-Restructuring 27 Apr - MoUs signed to sell Nya Gogra, Rupajuli and Boroi tea estates for ₹88.85 crore; Pradip Bhar appointed WTD/CFO.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dad50831-da9f-48e6-b564-5cac64978421.pdf) |
| 27 Apr - Board approved Pradip Bhar's CFO/director appointment and MoUs to sell three Assam tea estates on 27 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Directorate 27 Apr - Board approved Pradip Bhar's CFO/director appointment and MoUs to sell three Assam tea estates on 27 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1777127c-5ccf-441e-ad96-adb6d7d535aa.pdf) |
| 27 Apr - Board appointed Pradip Bhar as Whole-Time Director and CFO; approved sale of three tea estates for debt repayment. | [Regulation 30 Of The SEBI (LODR) Regulations 2015 (SEBI LODR, 2015). 27 Apr - Board appointed Pradip Bhar as Whole-Time Director and CFO; approved sale of three tea estates for debt repayment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b364dbf-2cbe-4124-8681-0f5e6112dc13.pdf) |
| 19 Feb - Copies Newspaper Advertisement(s) of Notice regarding Special Window for Re-lodgement of Transfer Requests and Dematerialisation of Physical Shares. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 19 Feb - Copies Newspaper Advertisement(s) of Notice regarding Special Window for Re-lodgement of Transfer Requests and Dematerialisation of Physical Shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7367fddd-e2a9-4eed-acef-6b7d556945f1.pdf) |
| 18 Mar - Amritanshu Khaitan resigned as Non‑Executive, Non‑Independent Director effective 17 March 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 18 Mar - Amritanshu Khaitan resigned as Non‑Executive, Non‑Independent Director effective 17 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa01f450-f46c-4714-9300-978a7f94b159.pdf) |
| 18 Mar - Amritanshu Khaitan resigned as Non-Executive Non-Independent Director effective 17 March 2026. | [Announcement under Regulation 30 (LODR)-Change in Directorate 18 Mar - Amritanshu Khaitan resigned as Non-Executive Non-Independent Director effective 17 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1a12530f-abb7-4606-8140-1ec21e09dddf.pdf) |
| 17 Apr - Newspaper Advertisement(s) of Notice regarding Special Window for Re-lodgement of Transfer Requests and Dematerialisation of Physical Shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Apr - Newspaper Advertisement(s) of Notice regarding Special Window for Re-lodgement of Transfer Requests and Dematerialisation of Physical Shares](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98227059-0b85-41f7-81f3-ae52e90bdb29.pdf) |
| 13 Feb - Unaudited Q3/9M results approved; auditor adverse review cites Rs.2,86,050 lakh ICDs, going-concern uncertainty and large debt exposure. | [Board Meeting Outcome for Unaudited Financial Results, Both On Standalone And Consolidated Basis, For Quarter And Nine Months Ended On 31St December, 2025. 13 Feb - Unaudited Q3/9M results approved; auditor adverse review cites Rs.2,86,050 lakh ICDs, going-concern uncertainty and large debt exposure.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e58b2dac-9e2e-436e-ab4c-699ff771a6bf.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb7d0c4a-a086-4350-8762-35fba4516d91.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7f513a1-51d0-46fa-a64c-dd53968c0550.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/97bde84e-38c3-44f2-9fce-59b8eaa898e3.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532654/76827532654.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532654/72775532654.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532654/68071532654.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532654/5326540319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532654/5326540318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532654/5326540317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532654/5326540316.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 2026-09-13T19:32:13.410Z.