---
title: "Manoj Vaibhav Gems N Jewellers Ltd (MVGJL) — Share Price, Financials & Analysis"
symbol: "MVGJL"
company: "Manoj Vaibhav Gems N Jewellers Ltd"
canonical: "https://tapetide.com/stocks/MVGJL"
isin: "INE0KNT01012"
nse_symbol: "MVGJL"
bse_code: "543995"
sector: "Consumer Goods"
industry: "Jewellery & Watches"
market_cap_cr: 992.24
generated_at: "2026-09-13T19:38:10.842Z"
---

# Manoj Vaibhav Gems N Jewellers Ltd (MVGJL)

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

## Company

- **NSE Symbol:** MVGJL
- **BSE Code:** 543995
- **ISIN:** INE0KNT01012
- **Sector:** Consumer Goods
- **Industry:** Jewellery & Watches
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2023-10-03
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vaibhavjewellers.com

## About

Incorporated in 2003, Manoj Vaibhav Gems 
‘N’ Jewellers Ltd is in the retail business of Jewellery[1]

## Latest Price

- **Price:** ₹197.37
- **Change:** -11.41 (-5.47%)
- **Open:** ₹208.7
- **Day High:** ₹208.7
- **Day Low:** ₹195.6
- **Previous Close:** ₹208.78
- **Volume:** 332881
- **As Of:** 2026-09-11T10:26:50+00:00

## Key Fundamentals

Observed at 2026-09-11T04:35:24.935511Z.

- **Market Cap:** ₹992.24 Cr
- **Classification:** Microcap
- **P/E (reported):** 8.4
- **P/E (TTM):** 7.91
- **EPS (TTM):** ₹24.96
- **EPS (reported):** ₹16.57
- **Book Value:** ₹170.6
- **Price to Book:** 1.22
- **Dividend Yield:** 0%
- **ROE:** 13.8%
- **ROCE:** 21.65%
- **Debt to Equity:** 0.59
- **Revenue (yearly):** ₹2759.2 Cr
- **Net Income:** ₹115 Cr
- **EBITDA:** ₹200.4 Cr
- **52-Week High:** ₹233.99
- **52-Week Low:** ₹129.1
- **RSI (14):** 72.71

## Tapetide Score

- **Score:** 53 / 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:** 61 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 45.14 | 9% |
| growth | 68.11 | 9% |
| momentum | 65.53 | 12% |
| ownership | 42.5 | 24% |
| quality | 42.75 | 22% |
| valuation | 70.69 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 1.16 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 139.38% | -55.87% | 193.08% |
| ebitda margin growth | 2.67% | -2.16% | -2.94% | 13.44% |
| net income growth | -2.13% | 14.54% | 18% | 32% |
| revenue growth | -5.97% | 15.09% | 11% | 14% |
| roce | — | -2.61% | -3.61% | 24.04% |
| roe | — | -1.22% | 13.62% | -13.8% |

## 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 | 619 | 475 | 546 | 539 | 642 | 498 | 705 | 549 | 756 | 685 | 754 | 714 |
| Expenses | 577 | 441 | 510 | 502 | 598 | 460 | 659 | 512 | 700 | 630 | 716 | 669 |
| Operating Profit | 42 | 34 | 37 | 37 | 44 | 38 | 46 | 37 | 55 | 54 | 38 | 45 |
| OPM % | 7 | 7 | 7 | 7 | 7 | 8 | 6 | 7 | 7 | 8 | 5 | 6 |
| Other Income | 1 | 5 | 5 | 4 | 4 | 4 | 2 | 2 | 2 | 0 | 10 | 5 |
| Interest | 11 | 11 | 11 | 10 | 10 | 10 | 10 | 9 | 9 | 8 | 9 | 11 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 |
| Profit before tax | 30 | 25 | 28 | 29 | 36 | 29 | 36 | 28 | 45 | 44 | 37 | 37 |
| Tax % | 26 | 24 | 27 | 25 | 25 | 12 | 26 | 26 | 30 | 21 | 25 | 25 |
| Net Profit | 22 | 19 | 21 | 22 | 27 | 25 | 27 | 21 | 32 | 34 | 28 | 28 |
| EPS in Rs | 4.54 | 3.88 | 4.21 | 4.46 | 5.46 | 5.17 | 5.47 | 4.22 | 6.5 | 7.06 | 5.76 | 5.64 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1276 | 1431 | 1689 | 2025 | 2148 | 2382 | 2743 | 2909 |
| Expenses | 1193 | 1350 | 1584 | 1881 | 1997 | 2217 | 2555 | 2716 |
| Operating Profit | 83 | 81 | 106 | 144 | 151 | 166 | 188 | 192 |
| OPM % | 7 | 6 | 6 | 7 | 7 | 7 | 7 | 7 |
| Other Income | 5 | -2 | 4 | 4 | 11 | 13 | 13 | 18 |
| Interest | 46 | 43 | 42 | 44 | 45 | 41 | 37 | 37 |
| Depreciation | 9 | 9 | 9 | 9 | 8 | 8 | 10 | 10 |
| Profit before tax | 33 | 28 | 58 | 96 | 109 | 130 | 154 | 163 |
| Tax % | 27 | 25 | 25 | 25 | 26 | 23 | 25 | — |
| Net Profit | 24 | 21 | 44 | 72 | 81 | 100 | 115 | 122 |
| EPS in Rs | 24.96 | 21.23 | 44.71 | 18.32 | 16.57 | 20.56 | 23.54 | 24.96 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10 | 10 | 10 | 39 | 49 | 49 | 49 |
| Reserves | 198 | 219 | 263 | 305 | 569 | 670 | 785 |
| Borrowings | 467 | 489 | 503 | 485 | 429 | 400 | 491 |
| Other Liabilities | 143 | 85 | 124 | 248 | 352 | 380 | 540 |
| Total Liabilities | 819 | 803 | 900 | 1078 | 1399 | 1498 | 1865 |
| Fixed Assets | 121 | 93 | 87 | 83 | 78 | 88 | 82 |
| CWIP | 17 | 7 | 3 | 1 | 1 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 681 | 704 | 809 | 994 | 1321 | 1410 | 1781 |
| Total Assets | 819 | 803 | 900 | 1078 | 1399 | 1498 | 1865 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 33 | -12 | 9 | 69 | 60 | -67 | 26 |
| Cash from Investing Activity | -6 | 11 | 1 | -4 | -126 | 127 | 2 |
| Cash from Financing Activity | -37 | 4 | -26 | -59 | 94 | -76 | 55 |
| Net Cash Flow | -9 | 4 | -15 | 7 | 28 | -16 | 83 |
| Free Cash Flow | 18 | -4 | 9 | 68 | 58 | -78 | 22 |
| CFO/OP | 61 | -2 | 22 | 66 | 58 | -20 | 31 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 2 | 5 | 4 | 4 | 5 | 5 | 4 |
| Inventory Days | 212 | 184 | 188 | 193 | 211 | 231 | 246 |
| Days Payable | 34 | 17 | 22 | 8 | 19 | 25 | 26 |
| Cash Conversion Cycle | 181 | 172 | 171 | 190 | 196 | 211 | 225 |
| Working Capital Days | 38 | 61 | 64 | 67 | 71 | 97 | 89 |
| ROCE % | — | 12 | 13 | 17 | 16 | 16 | 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 | 74.27% | 74.27% | 74.27% | 74.27% | 74.27% | 74.27% | 74.27% | 74.27% | 74.27% | 74.27% | 74.27% | 74.27% |
| FIIs | 8.77% | 8.64% | 8.04% | 7.96% | 2.86% | 1.75% | 0.69% | 0.78% | 0.6% | 0.6% | 0.6% | 0.64% |
| DIIs | 2.6% | 1.66% | 1.23% | 1.23% | 1.16% | 1.16% | 1.11% | 1.11% | 1.11% | 1.11% | 1.11% | 1.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 11.76% | 9.33% | 10.59% | 10.66% | 16.33% | 17.41% | 17.9% | 17.38% | 18.08% | 17.82% | 17.6% | 17.55% |
| Others | 2.6% | 6.1% | 5.86% | 5.87% | 5.38% | 5.41% | 6.03% | 6.46% | 5.94% | 6.2% | 6.42% | 6.51% |
| No. of Shareholders | 65717 | 25734 | 25007 | 23394 | 30815 | 31355 | 32208 | 30871 | 31469 | 30067 | 29022 | 28221 |

## 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 / 6 / 0

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 187.44 | Buy |
| EMA (10) | 191.35 | Buy |
| SMA (20) | 169.44 | Buy |
| EMA (20) | 179.24 | Buy |
| SMA (50) | 164.91 | Buy |
| EMA (50) | 168.05 | Buy |
| SMA (100) | 161.72 | Buy |
| EMA (100) | 164.92 | Buy |
| SMA (200) | 165.97 | Buy |
| EMA (200) | 170.73 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 63.48 | Neutral |
| MACD (12,26,9) | 12.67 | Buy |
| Stochastic (14,3,3) | 68.49 | Neutral |
| ADX (14) | 38.55 | Buy |
| Williams %R (14) | -43 | Neutral |
| ATR (14) | 12.9 | High Volatility |
| ROC (12) | 27.18 | Buy |
| Stoch RSI (14) | 53.57 | Neutral |
| UO (7,14,28) | 49.83 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Clarification On Price Movement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=215cf347-0a7e-44d1-8109-03b43a8936bd.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=828674f6-98e3-4768-9cd6-d5360c9b2b0c.pdf) |
| 2026-09-02 | [Dispatch Of Letter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ad324a5-9df7-4029-9b3f-09b110a2073f.pdf) |
| 2026-09-01 | [Annual Report Of 37Th Annual General Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b616d02c-4d7b-4264-b4d8-1e329d6865a2.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf6a9d32-91df-4224-a371-1876c3ba1236.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe0e2d5c-40b7-4975-8ebb-1cf5136eb5aa.pdf) |
| 2026-08-10 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8b6bf67-66f7-4934-a7a6-d3ec42551965.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3fbde36-2a6e-4885-9f5b-8b34cbff45e4.pdf) |
| 2026-08-04 | [Board Meeting Intimation for Declaration Of Unaudited Financial Results For The 1St Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=93da8f97-5fc8-495f-ac2b-da6e3c0d2832.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a61116ff-9c1a-44ac-aea3-f175c0afb6ae.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the 4th quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the 4th quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12aca32f-b675-4956-bd06-cbfc730a22b1.pdf) |
| 4 Feb - Announces planned opening of new Manoj Vaibhav jewellery store in Chandanagar, Hyderabad; no date yet. | [Intimation Of Opening Of New Proposed Jewellery Store 4 Feb - Announces planned opening of new Manoj Vaibhav jewellery store in Chandanagar, Hyderabad; no date yet.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7c02c0e-d9cd-495c-99f4-866a8af574f4.pdf) |
| 3 Feb - Board meeting Feb 10, 2026 to approve Q3 results; trading window closed Feb 12. | [Board Meeting Intimation for Declaration Of Unaudited Financial Results For The Quarter Ended December 31, 2025 3 Feb - Board meeting Feb 10, 2026 to approve Q3 results; trading window closed Feb 12.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74fc19d4-ae45-405d-bb0d-cb993fc56710.pdf) |
| 28 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2025-26 results. | [Closure of Trading Window 28 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2025-26 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c8c3b9e-1d7d-4d9c-8c08-afc2b12456a3.pdf) |
| 23 Mar - Board approved franchise with M/s Gontla Trading LLP for two Visakhapatnam stores; FY2026-27 sales ₹180cr, purchases ₹20cr. | [Announcement Under Regulation 30 Of LODR Regulations 23 Mar - Board approved franchise with M/s Gontla Trading LLP for two Visakhapatnam stores; FY2026-27 sales ₹180cr, purchases ₹20cr.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3173da3-2148-4cef-b812-a8a26ce6a895.pdf) |
| 20 Apr - Company inaugurated a new Vaibhav Jewellers store in Chandanagar, Hyderabad on April 20, 2026. | [Intimation Of Opening Of A New Jewellery Store At Chandanagar, Hyderabad. 20 Apr - Company inaugurated a new Vaibhav Jewellers store in Chandanagar, Hyderabad on April 20, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f65af10-ada8-4a09-bd56-3f7d2ada8649.pdf) |
| 14h - Company inaugurated a new Vaibhav Jewellers store in Chandanagar, Hyderabad on April 20, 2026. | [Intimation Of Opening Of A New Jewellery Store At Chandanagar, Hyderabad. 14h - Company inaugurated a new Vaibhav Jewellers store in Chandanagar, Hyderabad on April 20, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7f65af10-ada8-4a09-bd56-3f7d2ada8649.pdf) |
| 10 Feb - Board approved Q3/9M results and purchase of 150,000 sq ft leased warehouse for ₹32.29 crore (Kia partner tenant). | [Results-Unaudited Financial Results For The 3Rd Quarter And Nine Months Ended December 31, 2025 10 Feb - Board approved Q3/9M results and purchase of 150,000 sq ft leased warehouse for ₹32.29 crore (Kia partner tenant).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/327c4849-b9b4-4621-b464-9d93c6812bf0.pdf) |
| 10 Feb - Approved Q3/9M results; bought 150,000 sqft leased warehouse (Kia partner tenant) for ₹32.29 Cr. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 10.02.2026 10 Feb - Approved Q3/9M results; bought 150,000 sqft leased warehouse (Kia partner tenant) for ₹32.29 Cr.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ccedb71-63c6-4ed2-8d56-9c16b1bdf038.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f9b68d9-feaf-427a-8512-f9fbdaef3183.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-10 | [Un-Audited Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=309a2c4e-c208-4c84-ad6d-4e7ba74e8a05.pdf) |
| 2026-05-22 | [Results-Audited Financial Results For The 4Th Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6956d55-48fc-4e8f-82b9-eb8637bc1366.pdf) |
| 2026-02-10 | [Results-Unaudited Financial Results For The 3Rd Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=327c4849-b9b4-4621-b464-9d93c6812bf0.pdf) |
| 2025-11-11 | [Results-Unaudited Financial Results For The 2Nd Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24b63b81-ad7a-43ca-b184-0b381c3817b5.pdf) |
| 2025-08-11 | [Unaudited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84b2b689-a61a-4149-b7c2-d4875e074a25.pdf) |
| 2025-05-28 | [Audited Financial Results For The Quarter And Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9cf302c1-d064-4c55-984b-ea99349a5996.pdf) |
| 2025-02-06 | [Un-Audited Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c1aedf9-0a5a-4228-abb9-568eb551b7c0.pdf) |
| 2025-02-06 | [Unaudited Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc22b7c3-e042-4a6c-83c4-89c02d44822a.pdf) |
| 2024-11-13 | [Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80a72941-ee68-4bde-943d-2fb9813827e4.pdf) |
| 2024-08-14 | [Quartely Results June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=748558b8-c39e-4d7c-9022-4d4e5b3833ab.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2025-06-09 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88ad2e6b-e111-4a06-bdbd-3f04ca13bc04.pdf) |
| 2025-02-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e7e59a5f-7b7e-48d8-ba68-9b11d09fd91d.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2025-06-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c34539f8-f288-4f12-b907-748d4492eda9.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-06-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28c518c7-0593-4f6f-b596-35b5ce613f8f.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7e59a5f-7b7e-48d8-ba68-9b11d09fd91d.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/88ad2e6b-e111-4a06-bdbd-3f04ca13bc04.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9448be95-911f-4832-a838-a4c01fdde6d7.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b27349dd-a898-4a9f-ab52-3fb01fe80a46.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 2026-09-13T19:38:10.842Z.