---
title: "Ratnaveer Precision Engineering Ltd (RATNAVEER) — Share Price, Financials & Analysis"
symbol: "RATNAVEER"
company: "Ratnaveer Precision Engineering Ltd"
canonical: "https://tapetide.com/stocks/RATNAVEER"
isin: "INE05CZ01011"
nse_symbol: "RATNAVEER"
bse_code: "543978"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 2512.34
generated_at: "2026-09-13T19:17:32.903Z"
---

# Ratnaveer Precision Engineering Ltd (RATNAVEER)

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

## Company

- **NSE Symbol:** RATNAVEER
- **BSE Code:** 543978
- **ISIN:** INE05CZ01011
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-09-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ratnaveer.com

## About

Incorporated in 2000, Ratnaveer Precision Engineering Ltd manufactures and sells a diverse range of SS products[1]

## Latest Price

- **Price:** ₹288.3
- **Change:** -22.3 (-7.18%)
- **Open:** ₹310
- **Day High:** ₹310.4
- **Day Low:** ₹283.15
- **Previous Close:** ₹310.6
- **Volume:** 4371239
- **As Of:** 2026-09-11T10:29:17+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:16.081124Z.

- **Market Cap:** ₹2512.34 Cr
- **Classification:** Microcap
- **P/E (reported):** 38.6
- **P/E (TTM):** 32.39
- **EPS (TTM):** ₹8.9
- **Book Value:** ₹125.55
- **Price to Book:** 2.48
- **Dividend Yield:** 0%
- **ROE:** 9.61%
- **ROCE:** 13.06%
- **Debt to Equity:** 0.5
- **Revenue (yearly):** ₹1078.4 Cr
- **Net Income:** ₹64.3 Cr
- **EBITDA:** ₹121.9 Cr
- **52-Week High:** ₹316
- **52-Week Low:** ₹129.98
- **RSI (14):** 72.91

## Tapetide Score

- **Score:** 38 / 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: Expensive · Momentum: Rising
- **Percentile:** 10.2 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 38.74 | 9% |
| growth | 50 | 9% |
| momentum | 98.61 | 12% |
| ownership | 17.4 | 24% |
| quality | 39.16 | 22% |
| valuation | 39.54 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 63.8% CAGR over last 5 years
- Promoter holding has increased by 2.75% over last quarter.

### Weaknesses

- Stock is trading at 3.44 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Debtor days have increased from 38.0 to 59.6 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 668.66% | — | 598.53% |
| ebitda margin growth | 0.84% | 11.99% | 19.45% | 66.67% |
| net income growth | 7.06% | 37.39% | 37% | 64% |
| revenue growth | 24.23% | 20.37% | 31% | 24% |
| roce | — | -25.46% | -25.54% | 20.6% |
| roe | — | -23.85% | 11.52% | -33.08% |

## 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 | 142 | 193 | 142 | 204 | 230 | 255 | 203 | 265 | 286 | 269 | 249 | 315 |
| Expenses | 129 | 175 | 138 | 180 | 206 | 234 | 186 | 238 | 258 | 241 | 221 | 282 |
| Operating Profit | 13 | 18 | 4 | 25 | 24 | 21 | 17 | 27 | 28 | 29 | 28 | 32 |
| OPM % | 9 | 9 | 3.2 | 12 | 11 | 8 | 8 | 10 | 10 | 11 | 11 | 10 |
| Other Income | 1 | 1 | 5 | 1 | 1 | 0 | 2 | 0 | 2 | 0 | 7 | 4 |
| Interest | 3 | 3 | 2 | 5 | 4 | 4 | 0 | 3 | 4 | 5 | 8 | 7 |
| Depreciation | 1 | 2 | 2 | 3 | 3 | 4 | 7 | 6 | 6 | 6 | 7 | 7 |
| Profit before tax | 9 | 13 | 6 | 17 | 18 | 13 | 12 | 18 | 20 | 17 | 21 | 22 |
| Tax % | 15 | 31 | -1 | 28 | 32 | 14 | 9 | 17 | 23 | 2 | 18 | 17 |
| Net Profit | 8 | 9 | 6 | 13 | 12 | 11 | 11 | 15 | 15 | 17 | 17 | 18 |
| EPS in Rs | 1.4 | 1.62 | 0.98 | 2.19 | 1.97 | 1.82 | 1.72 | 2.4 | 2.48 | 2.12 | 2.13 | 2.17 |

### 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 | 297 | 360 | 427 | 480 | 595 | 892 | 1069 | 1119 |
| Expenses | 272 | 340 | 399 | 434 | 545 | 805 | 957 | 1001 |
| Operating Profit | 25 | 20 | 28 | 46 | 50 | 86 | 112 | 117 |
| OPM % | 8 | 6 | 6 | 10 | 8 | 10 | 10 | 10 |
| Other Income | 2 | 4 | 2 | 1 | 7 | 4 | 10 | 13 |
| Interest | 14 | 12 | 12 | 12 | 12 | 13 | 20 | 24 |
| Depreciation | 2 | 3 | 4 | 4 | 6 | 17 | 25 | 27 |
| Profit before tax | 10 | 10 | 13 | 31 | 39 | 61 | 76 | 80 |
| Tax % | 30 | 43 | 30 | 18 | 21 | 23 | 15 | — |
| Net Profit | 7 | 5 | 9 | 25 | 31 | 47 | 64 | 68 |
| EPS in Rs | 15 | 11.38 | 19.75 | 6.14 | 5.45 | 7.52 | 8.05 | 8.9 |
| 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 | 4 | 4 | 4 | 35 | 49 | 53 | 68 |
| Reserves | 47 | 52 | 62 | 71 | 203 | 318 | 601 |
| Borrowings | 140 | 151 | 191 | 230 | 207 | 195 | 335 |
| Other Liabilities | 52 | 49 | 52 | 53 | 57 | 180 | 257 |
| Total Liabilities | 242 | 256 | 309 | 389 | 516 | 746 | 1262 |
| Fixed Assets | 22 | 32 | 41 | 50 | 74 | 186 | 242 |
| CWIP | 4 | 3 | 4 | 9 | 45 | 54 | 82 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 217 | 221 | 264 | 330 | 397 | 506 | 937 |
| Total Assets | 242 | 256 | 309 | 389 | 516 | 746 | 1262 |

### 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 | 7 | 14 | -16 | 0 | 12 | 95 | -48 |
| Cash from Investing Activity | -9 | -11 | -12 | -17 | -63 | -136 | -103 |
| Cash from Financing Activity | 5 | -2 | 28 | 27 | 80 | 47 | 354 |
| Net Cash Flow | 3 | 1 | 1 | 11 | 29 | 6 | 203 |
| Free Cash Flow | -3 | 1 | -28 | -18 | -54 | -43 | -155 |
| CFO/OP | 39 | 84 | -46 | 10 | 39 | 117 | -39 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 79 | 34 | 34 | 48 | 27 | 27 | 60 |
| Inventory Days | 175 | 162 | 176 | 191 | 175 | 142 | 118 |
| Days Payable | 55 | 43 | 42 | 35 | 31 | 58 | 91 |
| Cash Conversion Cycle | 198 | 153 | 168 | 205 | 171 | 110 | 87 |
| Working Capital Days | 41 | 23 | 27 | 40 | 66 | 42 | 45 |
| ROCE % | — | 11 | 11 | 14 | 13 | 14 | 12 |

## 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 | 55.48% | 55.48% | 55.48% | 55.48% | 50.72% | 50.72% | 50.72% | 50.72% | 50.72% | 42.63% | 42.74% | 45.49% |
| FIIs | 10.47% | 3.82% | 0.15% | 1.19% | 0.73% | 2.38% | 1.84% | 1.23% | 1.32% | 8.17% | 7.28% | 3.53% |
| DIIs | 0.01% | 0% | 0.02% | 0.01% | 0.39% | 0.26% | 0.23% | 0% | 0.1% | 2.55% | 2.54% | 2.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.79% | 35.44% | 40.37% | 37.27% | 42.53% | 39.76% | 40.61% | 41.63% | 41.87% | 35.13% | 37.68% | 37.99% |
| Others | 4.26% | 5.26% | 3.98% | 6.05% | 5.63% | 6.88% | 6.6% | 6.42% | 5.99% | 11.53% | 9.76% | 10.99% |
| No. of Shareholders | 40617 | 42400 | 44745 | 44404 | 54887 | 53829 | 54261 | 54283 | 53508 | 52495 | 54477 | 55925 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 5 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 297.74 | Sell |
| EMA (10) | 294.28 | Sell |
| SMA (20) | 283.25 | Buy |
| EMA (20) | 279.17 | Buy |
| SMA (50) | 227.63 | Buy |
| EMA (50) | 242.46 | Buy |
| SMA (100) | 200.17 | Buy |
| EMA (100) | 212.8 | Buy |
| SMA (200) | 175.01 | Buy |
| EMA (200) | 188.15 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 58.97 | Neutral |
| MACD (12,26,9) | 21.69 | Sell |
| Stochastic (14,3,3) | 72.52 | Neutral |
| ADX (14) | 49.9 | Buy |
| Williams %R (14) | -49.55 | Neutral |
| ATR (14) | 16.69 | High Volatility |
| ROC (12) | 3.23 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 48.7 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 1 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 1 analyst ratings, observed at 2026-09-11T04:47:16.077307+00:00.

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 May - Copy of Newspaper Publication for holding of Extraordinary General Meeting to be held on 30th May, 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 May - Copy of Newspaper Publication for holding of Extraordinary General Meeting to be held on 30th May, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b22f6080-fd8f-48d3-8330-378f22c90b1f.pdf) |
| 7 Apr - Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Certificate under Regulation 74 (5) of SEBI (Depositories and Participants) Regulations, 2018.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4953f0a3-5381-4e5d-a325-11287002dc73.pdf) |
| 6 May - Board meeting on 12 May 2026 to approve Q4 FY26 audited results and annual financial statements. | [Board Meeting Intimation for Prior Intimation Of Board Meeting To Be Held On 12Th May, 2026 To Consider And Approve The Financial Result For The Quarter And Financial Year Ended On 31St March, 2026 6 May - Board meeting on 12 May 2026 to approve Q4 FY26 audited results and annual financial statements.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a2abf88a-5081-4902-b9ff-72ba23fef66e.pdf) |
| 6 Feb - Subscribed 100% in Ratnaveer Stainlesslnox LLC for AED 100,000 on 05 Feb 2026. | [Announcement under Regulation 30 (LODR)-Acquisition 6 Feb - Subscribed 100% in Ratnaveer Stainlesslnox LLC for AED 100,000 on 05 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9fcc49e1-11fb-4274-9ce6-0af8cfb28840.pdf) |
| 5 May - Hold Extraordinary General Meeting on 30th May, 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 May - Hold Extraordinary General Meeting on 30th May, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6fafd07c-23bc-49ac-a553-e33afe69ba99.pdf) |
| 31 Mar - ECMS approval received for ₹338 crore CCL project; commercial operations expected November 2026. | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations, 2015- Approval Received Under Electronics Component Manufacturing Scheme (ECMS) 31 Mar - ECMS approval received for ₹338 crore CCL project; commercial operations expected November 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4284efbf-bf44-472a-bacd-e14d09489030.pdf) |
| 31 Jan - Q3 and nine-month unaudited standalone results for period ended 31 Dec 2025; limited review. | [Financial Result For The Quarter And Nine Months Ended On December 31St, 2025. 31 Jan - Q3 and nine-month unaudited standalone results for period ended 31 Dec 2025; limited review.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d3f587c8-dd62-4ab9-9164-448f976966cc.pdf) |
| 31 Jan - No deviation in utilisation of Rs.29 crore raised via warrants (05.09.2024); quarter ended 31.12.2025. | [Statement Of Deviation Or Variation In The Use Of Proceeds Of Warrants On Preferential Basis For The Quarter Ended December 31, 2025 31 Jan - No deviation in utilisation of Rs.29 crore raised via warrants (05.09.2024); quarter ended 31.12.2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc1fff70-c2b1-490e-a42e-6b1e2c1b400e.pdf) |
| 2d - Of Investor meeting/Earning Call under the SEBI (LODR), Regulations 2015. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d - Of Investor meeting/Earning Call under the SEBI (LODR), Regulations 2015.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7398e247-f03c-4b29-be2f-d950a2beb088.pdf) |
| 28 Apr - Ratnaveer Precision Engineering filed 28 Apr 2026 initial disclosure; outstanding borrowing Rs 33.55 crore, not a large corporate. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 28 Apr - Ratnaveer Precision Engineering filed 28 Apr 2026 initial disclosure; outstanding borrowing Rs 33.55 crore, not a large corporate.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83842452-ca67-40a5-ac5f-a59feaada10d.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Dated September 10 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa9d82d1-fe19-422a-bdd1-67b1fbc6f746.pdf) |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Allotment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b8550e6-9a8d-4093-8f23-3de51ebc510e.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2fe5a6d-5d06-4ef6-9d94-8c0b9f6de5d0.pdf) |
| 2026-09-03 | [Notice Of Annual General Meeting To Be Held On 26Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1bbca47-c909-4554-a3c5-0f2192a776d0.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=634039a5-07e0-4115-afdf-09e2d2b37a86.pdf) |
| 2026-09-03 | [Intimation Of Cutoff Date For Annual General Meeting And Date Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61bae95b-c506-4ccc-87d8-2463d916e5ef.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5343a95-21a1-47ab-b345-06bd673d8155.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd65436a-e1ac-41ba-a71a-743967d64bc2.pdf) |
| 2026-08-26 | [Outcome Of Board Meeting Held On 26Th August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f9d0e14-6c80-4c68-b52c-0cd86e6c968a.pdf) |
| 2026-08-26 | [Letter Of Offer For The Right Issue](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c290ae04-1ca4-4c09-9467-8a23724984ae.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-24 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended On 30Th June2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1992d62e-1ddb-4a5e-b8dd-c34046b63c9c.pdf) |
| 2026-05-12 | [Financial Result For The Period Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cabfb076-ec94-4d1a-8300-b5e34e75be50.pdf) |
| 2026-01-31 | [Financial Result For The Quarter And Nine Months Ended On December 31St 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3f587c8-dd62-4ab9-9164-448f976966cc.pdf) |
| 2025-11-03 | [Financial Result For The Quarter And Half Year Ended On 30.09.2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=146aa562-d135-470e-b62c-ec16c50fb73c.pdf) |
| 2025-07-28 | [Board Meeting Outcome for OUTCOME OF THE BOARD MEETING HELD TODAY I.E. 28Th July 2025 AS PER SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63f6d464-7315-49d8-9ba6-506418a78341.pdf) |
| 2025-07-28 | [Results- Financial Result For The First Quarter Ended On 30Th June 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b561be8-c252-4942-9e2d-44835ba830e9.pdf) |
| 2025-06-16 | [Fiancial Result For Quarter And Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=017cfab6-1a55-4ae0-875c-c38d4d5ea8d2.pdf) |
| 2025-01-28 | [FINANCIAL RESULT FOR QUARTER ENDED ON 31ST DECEMBER 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4b5ea46a-6bee-474f-9c71-115a975ad8b2.pdf) |
| 2024-11-09 | [Unaudited Financial Results For The Quarter And Half Year Ended 30.09.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e21b956-93da-436a-b586-d324b7d2bf88.pdf) |
| 2024-07-17 | [Unaudited Standalone Financial Results For The Quarter Ended 30.06.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a75f37e-506b-4e4f-ba23-692fa058ce0a.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b90fb9c-98a9-482c-a602-34e846ba5d42.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d2a78f0-2509-4d1b-938e-a3364d9901a3.pdf) |
| 2025-11-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=680c9914-5038-43d9-b1c6-cfe3fa87fbbf.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b6f43d9-d4e7-4b47-b0c7-04e814a4e527.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b6f43d9-d4e7-4b47-b0c7-04e814a4e527.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c88ba41-cef3-4db5-8fb7-d2fa484d76f9.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4c88ba41-cef3-4db5-8fb7-d2fa484d76f9.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b90fb9c-98a9-482c-a602-34e846ba5d42.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7e1ff29-7fb3-4d41-b313-af6bbd4d03b8.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/3b90fb9c-98a9-482c-a602-34e846ba5d42.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e7e1ff29-7fb3-4d41-b313-af6bbd4d03b8.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/082429f0-d33b-4492-9e8a-005ad6f266db.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c9f90bf-f38a-48d7-a0fc-60e31aeb4066.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 2026-09-13T19:17:32.903Z.