---
title: "Race Eco Chain Ltd (RACE) — Share Price, Financials & Analysis"
symbol: "RACE"
company: "Race Eco Chain Ltd"
canonical: "https://tapetide.com/stocks/RACE"
isin: "INE084Q01012"
nse_symbol: "RACE"
bse_code: "537785"
sector: "Utilities"
industry: "Waste Management"
market_cap_cr: 165.67
generated_at: "2026-09-13T19:57:14.851Z"
---

# Race Eco Chain Ltd (RACE)

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

## Company

- **NSE Symbol:** RACE
- **BSE Code:** 537785
- **ISIN:** INE084Q01012
- **Sector:** Utilities
- **Industry:** Waste Management
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 2023-05-09
- **CEO:** Mr. Sunil Kumar Malik
- **Employees:** 61
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** raceecochain.com

## About

Incorporated in 1999, Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers. Company also manufactures recycled products[1]

## Latest Price

- **Price:** ₹98.12
- **Change:** +1.69 (+1.75%)
- **Open:** ₹96
- **Day High:** ₹99.9
- **Day Low:** ₹94.03
- **Previous Close:** ₹96.43
- **Volume:** 3194
- **As Of:** 2026-09-11T10:01:41+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:44.015142Z.

- **Market Cap:** ₹165.67 Cr
- **Classification:** Microcap
- **P/E (reported):** 21
- **P/E (TTM):** 22.5
- **EPS (TTM):** ₹4.36
- **Book Value:** ₹42.95
- **Price to Book:** 2.24
- **Dividend Yield:** 0%
- **ROE:** 5.38%
- **ROCE:** 12.52%
- **Debt to Equity:** 1.22
- **Revenue (yearly):** ₹618.75 Cr
- **Net Income:** ₹7.51 Cr
- **EBITDA:** ₹14.2 Cr
- **52-Week High:** ₹252
- **52-Week Low:** ₹84.11
- **RSI (14):** 34.52

## Tapetide Score

- **Score:** 40 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Falling
- **Percentile:** 14.5 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 34.13 | 9% |
| growth | 34.78 | 9% |
| momentum | 24.55 | 12% |
| ownership | 33.7 | 24% |
| quality | 46.56 | 22% |
| valuation | 50.62 | 24% |

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

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.66% over last 3 years.
- Earnings include an other income of Rs.5.66 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -399.88% | -192.25% | -168.95% |
| ebitda margin growth | -14.81% | 19.37% | 22.58% | — |
| net income growth | -50% | 78.81% | 73% | — |
| revenue growth | 4.63% | 11.29% | 32% | — |
| roce | -21.54% | -38.99% | 5.12% | — |
| roe | -47.45% | -22.7% | 6.23% | — |

## 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 | 78.88 | 72.68 | 85.17 | 86.44 | 106.29 | 168.42 | 193.95 | 156.73 | 148.43 | 131.12 | 182.48 | 191.06 |
| Expenses | 77.71 | 71.2 | 84.13 | 85.04 | 104.44 | 165.39 | 190.54 | 153.82 | 144.76 | 127.77 | 178.2 | 187.48 |
| Operating Profit | 1.17 | 1.48 | 1.04 | 1.4 | 1.85 | 3.03 | 3.41 | 2.91 | 3.67 | 3.35 | 4.28 | 3.58 |
| OPM % | 1.48 | 2.04 | 1.22 | 1.62 | 1.74 | 1.8 | 1.76 | 1.86 | 2.47 | 2.55 | 2.35 | 1.87 |
| Other Income | 0.06 | 0.15 | 0.61 | 0.15 | 0.1 | 0.28 | 0.44 | 0.35 | 1.7 | 1.77 | 1.15 | 1.04 |
| Interest | 0.77 | 0.77 | 0.84 | 0.93 | 1.01 | 0.75 | 1.55 | 1.65 | 1.98 | 2.06 | 2.51 | 2.47 |
| Depreciation | 0.13 | 0.14 | 0.41 | 0.3 | 0.17 | 0.18 | 0.22 | 0.25 | 0.52 | 0.51 | 0.51 | 0.76 |
| Profit before tax | 0.33 | 0.72 | 0.4 | 0.32 | 0.77 | 2.38 | 2.08 | 1.36 | 2.87 | 2.55 | 2.41 | 1.39 |
| Tax % | 33.33 | 18.06 | 70 | 68.75 | 5.19 | 25.63 | 23.56 | 69.12 | -3.14 | 23.14 | 18.67 | 25.9 |
| Net Profit | 0.22 | 0.59 | 0.11 | 0.11 | 0.73 | 1.77 | 1.59 | 0.42 | 2.97 | 1.95 | 1.96 | 1.03 |
| EPS in Rs | 0.13 | 0.36 | 0.07 | 0.07 | 0.42 | 0.92 | 0.86 | 0.2 | 1.62 | 1.02 | 1.08 | 0.64 |

### Profit & Loss

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- |
| Sales | 269 | 347 | 555 | 619 | 653 |
| Expenses | 267 | 342 | 545 | 605 | 638 |
| Operating Profit | 2 | 6 | 10 | 14 | 15 |
| OPM % | 0.8 | 1.7 | 1.8 | 2.3 | 2.3 |
| Other Income | 1 | 1 | 1 | 5 | 6 |
| Interest | 1 | 3 | 4 | 8 | 9 |
| Depreciation | 0 | 1 | 1 | 2 | 2 |
| Profit before tax | 2 | 3 | 6 | 9 | 9 |
| Tax % | 27 | 43 | 24 | 21 | — |
| Net Profit | 1 | 2 | 4 | 7 | 8 |
| EPS in Rs | 0.79 | 0.94 | 2.25 | 3.92 | 4.36 |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 16 | 16 | 17 | 17 |
| Reserves | 4 | 6 | 54 | 57 |
| Borrowings | 16 | 43 | 62 | 90 |
| Other Liabilities | 13 | 18 | 49 | 51 |
| Total Liabilities | 49 | 83 | 182 | 216 |
| Fixed Assets | 3 | 3 | 10 | 17 |
| CWIP | 0 | 8 | 1 | 5 |
| Investments | 0 | 1 | 14 | 12 |
| Other Assets | 46 | 71 | 157 | 182 |
| Total Assets | 49 | 83 | 182 | 216 |

### Cash Flow

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | -15 | -9 | -43 | 19 |
| Cash from Investing Activity | 7 | -18 | -14 | -29 |
| Cash from Financing Activity | 10 | 24 | 61 | 20 |
| Net Cash Flow | 2 | -3 | 5 | 10 |
| Free Cash Flow | -15 | -18 | -43 | 6 |
| CFO/OP | -698 | -147 | -428 | 145 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 50 | 58 | 79 | 59 |
| Inventory Days | 1 | 1 | 1 | 2 |
| Days Payable | 16 | 18 | 24 | 18 |
| Cash Conversion Cycle | 34 | 41 | 55 | 43 |
| Working Capital Days | 20 | 15 | 21 | 8 |
| ROCE % | — | 11 | 10 | 11 |

## 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 | 44.79% | 44.79% | 44.79% | 44.79% | 44.79% | 44.79% | 44.79% | 44.79% | 44.79% | 44.79% | 44.79% | 44.79% |
| FIIs | 0% | 0% | 0.03% | 0.17% | 0.17% | 0% | 0.01% | 0% | 0.72% | 0.71% | 0.71% | 0.01% |
| DIIs | 0% | 0% | 0% | 0% | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% | 0.58% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 31.18% | 30.1% | 29.59% | 29.38% | 29.52% | 30.17% | 30.08% | 30.06% | 30.71% | 30.52% | 30.46% | 30.52% |
| Others | 24.02% | 25.11% | 25.59% | 25.66% | 24.93% | 24.45% | 24.54% | 24.56% | 23.2% | 23.4% | 23.45% | 24.1% |
| No. of Shareholders | 1873 | 3650 | 4144 | 4247 | 6189 | 6651 | 6842 | 7026 | 7035 | 6963 | 6796 | 6783 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 98.96 | Sell |
| EMA (10) | 98.7 | Sell |
| SMA (20) | 100.28 | Sell |
| EMA (20) | 100.34 | Sell |
| SMA (50) | 105.39 | Sell |
| EMA (50) | 104.43 | Sell |
| SMA (100) | 111.29 | Sell |
| EMA (100) | 110.7 | Sell |
| SMA (200) | 117.99 | Sell |
| EMA (200) | 130.64 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.46 | Neutral |
| MACD (12,26,9) | -2.23 | Sell |
| Stochastic (14,3,3) | 23.25 | Neutral |
| ADX (14) | 18.94 | Neutral |
| Williams %R (14) | -58.39 | Neutral |
| ATR (14) | 4.44 | High Volatility |
| ROC (12) | -2.63 | Sell |
| Stoch RSI (14) | 69.94 | Neutral |
| UO (7,14,28) | 38.67 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=423774b7-9d09-404d-a777-608f62b86a24.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34b68fe2-c20a-4100-8cbf-bb88c73df3ed.pdf) |
| 2026-09-01 | [AGM 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e34127b8-0501-464d-ae8c-69bb112155c2.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=231621c9-d635-48be-8e0d-6458561ac687.pdf) |
| 2026-09-01 | [Book Closure Cut Off Date And Remote E-Voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a6fc424-0cef-48a0-b104-a022f2667b1a.pdf) |
| 2026-09-01 | [Intimation Regarding Letter Dispatched To The Shareholders Of The Company For Annual Report Of The Company For Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c4737f21-0bf7-4ea2-a997-7e013bc39951.pdf) |
| 2026-08-31 | [Show Cause Notice Issued](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3afc1a3-8a3d-4e16-8535-112d5d8904b4.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49825b91-6edf-4ac3-9ef5-d89add15ab59.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f50dabf-64b5-4b00-9c14-437cf8f673b1.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8fe962e4-51e9-44a9-bef6-a9f5c0464e9b.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Financial Results 30-06-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dcc26a3c-86de-4fce-a424-603b3be046d2.pdf) |
| 2026-05-30 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0330a317-e570-4adc-9a9e-a03d682c9da8.pdf) |
| 2026-05-30 | [Financial Results March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73fa7bee-17d3-4fb4-bef0-e8fece1560d3.pdf) |
| 2026-02-14 | [Financial Results For December 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f3efeb0-dd1d-4f25-a461-ab6b03e31fda.pdf) |
| 2026-02-14 | [Financial Results For The Quarter Ending On December. 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c165990f-ccd5-4159-a03f-401de0038e0b.pdf) |
| 2025-11-12 | [Financial Results For The Quarter And Half Year Ended 30Th September 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5820b294-bc3f-40b8-a0e5-f55fc002d9a7.pdf) |
| 2025-08-12 | [Financial Results For The Quarter Ending On 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=265cc48c-a4d2-46fa-94be-97ae79bd028a.pdf) |
| 2025-06-09 | [Revised Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49f02a6f-25c0-4aac-b07f-fceba2de266b.pdf) |
| 2025-05-30 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=147f89e6-2c69-4e55-a2e9-d963944eb86a.pdf) |
| 2025-02-11 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1b9c127-8ed5-4480-944e-20a0a59a7a99.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-06-19 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe78caab-f1c8-49bb-b337-c69ccd1c6a7e.pdf) |
| 2025-11-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a2a17c8-17a1-4024-8441-f24f3a5c5321.pdf) |
| 2025-06-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b440507-2230-47c6-a3ba-6bdd06b4fa5d.pdf) |
| 2025-02-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85c97dd8-5796-4c2f-b59f-35d401f8938c.pdf) |
| 2024-11-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53345576-5438-4a87-9d40-2ef45920f2bc.pdf) |
| 2024-11-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a04e38a1-0e0b-4e82-8435-a58083af4098.pdf) |
| 2024-06-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4458700-52eb-430a-9d9b-3dc43e48df77.pdf) |
| 2024-02-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5bbcf8f-967b-4987-93b6-6ff1d15845c5.pdf) |
| 2023-11-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2cabfc7-3f4b-4027-b2bc-404e94d70ee6.pdf) |
| 2023-06-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e05b9143-94f3-43b9-b845-83317ac59c0f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - Incorporated Race Grassland Pvt Ltd on 09 Mar 2026; Race Eco Chain subscribed 51% (76,500 shares) for Rs 7,65,000. | [Announcement under Regulation 30 (LODR)-Updates on Acquisition 9 Mar - Incorporated Race Grassland Pvt Ltd on 09 Mar 2026; Race Eco Chain subscribed 51% (76,500 shares) for Rs 7,65,000.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/232f608b-c52e-4cbf-90fa-83f9e196ec6e.pdf) |
| 7 Apr - Pls find enclosed Certificate under Reg 74(5) of SEBI (DP) Regulation, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Pls find enclosed Certificate under Reg 74(5) of SEBI (DP) Regulation, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b30bba36-5b79-4ccc-b194-4ebbb88f8631.pdf) |
| 30 Mar - GST search at Race Eco Chain's Noida corporate office on March 27, 2026; company reports no monetary impact. | [Announcement Under Regulation 30 Regarding Search Operation Conducted By GST Department 30 Mar - GST search at Race Eco Chain's Noida corporate office on March 27, 2026; company reports no monetary impact.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9e10ec5-9baf-4f5b-bfbd-7d3c78ebac20.pdf) |
| 21 Feb - Board approved Race Grassland Pvt Ltd incorporation; Race Eco Chain to subscribe 51% for Rs.7,65,000 on 20 Feb 2026. | [Announcement under Regulation 30 (LODR)-Acquisition 21 Feb - Board approved Race Grassland Pvt Ltd incorporation; Race Eco Chain to subscribe 51% for Rs.7,65,000 on 20 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e1a759b-8607-4ad1-ad03-7bdb9b8aab60.pdf) |
| 20 Feb - Board approved 51% subscription in proposed Race Grassland Pvt Ltd on Feb 20, 2026; consideration Rs.765,000. | [Board Meeting Outcome for Outcome Of The Board Meeting 20 Feb - Board approved 51% subscription in proposed Race Grassland Pvt Ltd on Feb 20, 2026; consideration Rs.765,000.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f8409e34-7c3f-4fb7-bc29-aeccd49dd8f5.pdf) |
| 20 Feb - 20 Feb 2026: Board approved Race Grassland Pvt Ltd; Race Eco Chain to subscribe 51% for Rs.7,65,000. | [Announcement under Regulation 30 (LODR)-Acquisition 20 Feb - 20 Feb 2026: Board approved Race Grassland Pvt Ltd; Race Eco Chain to subscribe 51% for Rs.7,65,000.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae50c79f-18c9-432e-9529-40339c83f22d.pdf) |
| 2 May - Race Eco Chain invested Rs 1.02 crore in subsidiary Ganesha Recycling Chain, allotted 1,02,000 shares on 02 May 2025. | [Announcement under Regulation 30 (LODR)-Acquisition 2 May - Race Eco Chain invested Rs 1.02 crore in subsidiary Ganesha Recycling Chain, allotted 1,02,000 shares on 02 May 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4cbc8eff-a6d3-4029-9414-e371f99eccb4.pdf) |
| 2 May - Race Eco Chain invested Rs 1.02 crore in subsidiary Ganesha Recycling Chain, allotted 1,02,000 shares on 02 May 2025. | [Announcement under Regulation 30 (LODR)-Acquisition 2 May - Race Eco Chain invested Rs 1.02 crore in subsidiary Ganesha Recycling Chain, allotted 1,02,000 shares on 02 May 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4cbc8eff-a6d3-4029-9414-e371f99eccb4.pdf) |
| 19 Mar - Acquirer Aryan Malik bought 5 shares of Race Eco Chain on 17-03-2026; holding now 1,008,186 (5.84%). | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 19 Mar - Acquirer Aryan Malik bought 5 shares of Race Eco Chain on 17-03-2026; holding now 1,008,186 (5.84%).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2FAAAB1A_F545_469C_892D_C5CA1A2DF79B_122958.pdf) |
| 16 Feb - Newspaper Publication on Financial Results for the Quarter and Nine Months ending on 31st December, 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Newspaper Publication on Financial Results for the Quarter and Nine Months ending on 31st December, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c47ad5b9-161d-49b6-806d-c0821663f676.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a2a17c8-17a1-4024-8441-f24f3a5c5321.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a04e38a1-0e0b-4e82-8435-a58083af4098.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/53345576-5438-4a87-9d40-2ef45920f2bc.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d2cabfc7-3f4b-4027-b2bc-404e94d70ee6.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b440507-2230-47c6-a3ba-6bdd06b4fa5d.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4458700-52eb-430a-9d9b-3dc43e48df77.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e05b9143-94f3-43b9-b845-83317ac59c0f.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/85c97dd8-5796-4c2f-b59f-35d401f8938c.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5bbcf8f-967b-4987-93b6-6ff1d15845c5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/16447466-cd04-432d-958e-59ad2cfd4f18.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0fcd5b55-3c42-47d6-9c49-f48914698896.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6350534e-1182-4bb7-8fe1-6d777d5ab944.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/537785/75896537785.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/537785/71915537785.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/537785/66098537785.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/537785/5377850319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/537785/5377850318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/537785/5377850317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/537785/5377850316.pdf) |

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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 2026-09-13T19:57:14.851Z.