---
title: "Sharda Motor Industries Ltd (SHARDAMOTR) — Share Price, Financials & Analysis"
symbol: "SHARDAMOTR"
company: "Sharda Motor Industries Ltd"
canonical: "https://tapetide.com/stocks/SHARDAMOTR"
isin: "INE597I01028"
nse_symbol: "SHARDAMOTR"
bse_code: "535602"
sector: "Consumer Discretionary"
industry: "Auto Components"
market_cap_cr: 5275.77
generated_at: "2026-09-13T18:58:13.541Z"
---

# Sharda Motor Industries Ltd (SHARDAMOTR)

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

## Company

- **NSE Symbol:** SHARDAMOTR
- **BSE Code:** 535602
- **ISIN:** INE597I01028
- **Sector:** Consumer Discretionary
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2015-09-03
- **CEO:** Mr. Aashim Relan
- **Employees:** 1062
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** shardamotor.com

## About

Sharda Motor Industries Ltd is primarily engaged in the manufacturing and assembly of Auto Components and White Goods Components.[1]

## Latest Price

- **Price:** ₹943.75
- **Change:** -2.5 (-0.26%)
- **Open:** ₹946.3
- **Day High:** ₹948.5
- **Day Low:** ₹915.1
- **Previous Close:** ₹946.25
- **Volume:** 86523
- **As Of:** 2026-09-11T10:25:12+00:00

## Key Fundamentals

Observed at 2026-09-11T04:42:03.383199Z.

- **Market Cap:** ₹5275.77 Cr
- **Classification:** Microcap
- **P/E (reported):** 16.4
- **P/E (TTM):** 16.32
- **EPS (TTM):** ₹57.83
- **EPS (reported):** ₹108.03
- **Book Value:** ₹228.72
- **Price to Book:** 4.14
- **Dividend Yield:** 2.11%
- **ROE:** 26.31%
- **ROCE:** 33.7%
- **Debt to Equity:** 0.04
- **Revenue (yearly):** ₹3482.8 Cr
- **Net Income:** ₹345.4 Cr
- **EBITDA:** ₹504.7 Cr
- **52-Week High:** ₹1189.9
- **52-Week Low:** ₹700
- **RSI (14):** 65.24

## Tapetide Score

- **Score:** 64 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 95.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 74.26 | 9% |
| growth | 82.02 | 9% |
| momentum | 43.54 | 12% |
| ownership | 46.17 | 24% |
| quality | 62.57 | 22% |
| valuation | 86.64 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.1%
- Company has been maintaining a healthy dividend payout of 24.2%

### Weaknesses

- Promoter holding has decreased over last 3 years: -8.89%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 34.13% | -1.8% | 89.23% |
| ebitda margin growth | -5.14% | -11.81% | -6.58% | 28.69% |
| net income growth | -3.24% | 9.69% | 14% | 36% |
| revenue growth | 4.19% | 19.28% | 8% | 14% |
| roce | -3.82% | -10.8% | -12.69% | 36% |
| roe | -3.23% | -11.29% | 28.58% | 1% |

## 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 | 763 | 689 | 703 | 685 | 711 | 690 | 750 | 756 | 787 | 882 | 972 | 1011 |
| Expenses | 663 | 595 | 604 | 590 | 606 | 595 | 649 | 658 | 687 | 775 | 859 | 908 |
| Operating Profit | 99 | 94 | 99 | 96 | 105 | 95 | 101 | 98 | 100 | 106 | 113 | 103 |
| OPM % | 13 | 14 | 14 | 14 | 15 | 14 | 13 | 13 | 13 | 12 | 12 | 10 |
| Other Income | 20 | 23 | 31 | 20 | 15 | 22 | 29 | 46 | 18 | 19 | 25 | 28 |
| Interest | 1 | 1 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 13 | 14 | 14 | 13 | 14 | 15 | 17 | 14 | 16 | 17 | 17 | 15 |
| Profit before tax | 106 | 102 | 117 | 102 | 106 | 101 | 111 | 130 | 102 | 107 | 120 | 115 |
| Tax % | 24 | 26 | 24 | 25 | 26 | 25 | 24 | 23 | 27 | 24 | 25 | 25 |
| Net Profit | 80 | 76 | 88 | 77 | 79 | 75 | 84 | 100 | 75 | 81 | 89 | 87 |
| EPS in Rs | 13.46 | 12.77 | 14.84 | 13.39 | 13.71 | 13.14 | 14.62 | 17.41 | 13.01 | 14.17 | 15.58 | 15.07 |

### 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 | 1155 | 1140 | 863 | 1737 | 2255 | 2700 | 2809 | 2837 | 3397 | 3652 |
| Expenses | 1010 | 994 | 767 | 1607 | 2039 | 2418 | 2448 | 2440 | 2978 | 3229 |
| Operating Profit | 145 | 145 | 96 | 129 | 216 | 282 | 361 | 396 | 419 | 423 |
| OPM % | 13 | 13 | 11 | 7 | 10 | 10 | 13 | 14 | 12 | 12 |
| Other Income | 16 | 21 | 24 | 21 | 29 | 45 | 93 | 86 | 108 | 90 |
| Interest | 2 | 0 | 1 | 1 | 1 | 2 | 2 | 4 | 4 | 4 |
| Depreciation | 44 | 41 | 40 | 44 | 41 | 46 | 53 | 58 | 63 | 65 |
| Profit before tax | 116 | 125 | 78 | 105 | 203 | 278 | 399 | 420 | 459 | 444 |
| Tax % | 33 | 31 | 26 | 25 | 26 | 25 | 25 | 25 | 25 | — |
| Net Profit | 88 | 95 | 52 | 67 | 149 | 208 | 300 | 315 | 345 | 332 |
| EPS in Rs | 14.78 | 15.91 | 8.81 | 11.2 | 25.08 | 35.01 | 50.35 | 54.86 | 60.17 | 57.83 |
| Dividend Payout % | 8 | 0 | 0 | 2 | 16 | 25 | 10 | 30 | 33 | — |

### 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 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 11 |
| Reserves | 300 | 379 | 469 | 359 | 425 | 567 | 752 | 1000 | 1056 | 1302 |
| Borrowings | 59 | 0 | 0 | 11 | 12 | 12 | 25 | 24 | 52 | 49 |
| Other Liabilities | 207 | 232 | 246 | 247 | 530 | 480 | 606 | 598 | 643 | 853 |
| Total Liabilities | 572 | 616 | 721 | 622 | 973 | 1066 | 1389 | 1628 | 1757 | 2215 |
| Fixed Assets | 204 | 179 | 194 | 186 | 179 | 156 | 221 | 219 | 251 | 269 |
| CWIP | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 8 | 14 |
| Investments | 100 | 136 | 121 | 40 | 41 | 78 | 30 | 668 | 740 | 1136 |
| Other Assets | 267 | 301 | 406 | 395 | 753 | 832 | 1138 | 741 | 757 | 796 |
| Total Assets | 572 | 616 | 721 | 622 | 973 | 1066 | 1389 | 1628 | 1757 | 2215 |

### 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 | 164 | 116 | 95 | -64 | 148 | 192 | -200 | 370 | 271 | 363 |
| Cash from Investing Activity | -84 | -30 | -42 | 73 | -152 | -62 | 191 | -214 | -68 | -370 |
| Cash from Financing Activity | -77 | -70 | -5 | -1 | -1 | -9 | -27 | -54 | -262 | -100 |
| Net Cash Flow | 3 | 16 | 48 | 8 | -6 | 120 | -36 | 101 | -59 | -107 |
| Free Cash Flow | 150 | 98 | 37 | -77 | 124 | 178 | -289 | 340 | 211 | 324 |
| CFO/OP | 141 | 107 | 93 | -45 | 140 | 115 | -45 | 130 | 94 | 114 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 38 | 39 | 42 | 50 | 68 | 45 | 45 | 30 | 37 | 39 |
| Inventory Days | 37 | 40 | 48 | 67 | 36 | 27 | 34 | 34 | 36 | 40 |
| Days Payable | 84 | 85 | 90 | 129 | 121 | 84 | 87 | 84 | 94 | 109 |
| Cash Conversion Cycle | -9 | -6 | 1 | -13 | -17 | -13 | -8 | -21 | -22 | -30 |
| Working Capital Days | -15 | -1 | 2 | -4 | -11 | -9 | 48 | -19 | -16 | -18 |
| ROCE % | 24 | 30 | 28 | 17 | 25 | 38 | 40 | 41 | 38 | 34 |

## 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 | 73.2% | 73.2% | 73.2% | 64.31% | 64.31% | 64.31% | 64.31% | 64.31% | 64.31% | 64.31% | 64.31% | 64.31% |
| FIIs | 1.64% | 1.79% | 1.55% | 2.43% | 2.38% | 2.16% | 2.2% | 2.26% | 2.46% | 2.23% | 2.43% | 1.73% |
| DIIs | 0.29% | 0.3% | 0.42% | 9.32% | 11.41% | 11.94% | 11.72% | 11.52% | 11.44% | 11.7% | 11.51% | 11.98% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 19.07% | 18.94% | 19.24% | 18.67% | 17.46% | 17.22% | 17.49% | 17.72% | 17% | 16.53% | 16.39% | 16.65% |
| Others | 5.81% | 5.78% | 5.59% | 5.28% | 4.45% | 4.38% | 4.29% | 4.19% | 4.79% | 5.23% | 5.36% | 5.33% |
| No. of Shareholders | 17954 | 19174 | 20816 | 27374 | 33960 | 32943 | 33828 | 35839 | 38932 | 37537 | 37220 | 38665 |

## 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 / 4 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 898.29 | Buy |
| EMA (10) | 908.69 | Buy |
| SMA (20) | 900.89 | Buy |
| EMA (20) | 900.33 | Buy |
| SMA (50) | 884.5 | Buy |
| EMA (50) | 886.22 | Buy |
| SMA (100) | 867.56 | Buy |
| EMA (100) | 877.96 | Buy |
| SMA (200) | 876.46 | Buy |
| EMA (200) | 883.13 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 64.32 | Neutral |
| MACD (12,26,9) | 9.05 | Buy |
| Stochastic (14,3,3) | 80.35 | Sell |
| ADX (14) | 21.15 | Neutral |
| Williams %R (14) | -16.22 | Sell |
| ATR (14) | 28.75 | High Volatility |
| ROC (12) | 5.85 | Buy |
| Stoch RSI (14) | 95.23 | Sell |
| UO (7,14,28) | 60.74 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=565227cb-4e2c-4e15-9e7c-8ceca681721e.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b98b3e2-875e-4c2a-990c-6003ac0fd213.pdf) |
| 2026-09-01 | [Shareholders Meeting On 24/09/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62460c6c-7530-4187-b1cc-476b6ecd9eb6.pdf) |
| 2026-09-01 | [Corporate Action - Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=706971fe-ff6f-4a19-8dcc-8e1f2ebb3c13.pdf) |
| 2026-09-01 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea422032-60a3-4a7a-8038-9fcd067e72f8.pdf) |
| 2026-09-01 | [Announcement Under Regulation 30 - Letter To Shareholder](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3bdbe46-cc0f-4b0a-a4c4-f744f423e1fd.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=197752f1-5dc9-402f-a5b6-b832e2afc699.pdf) |
| 2026-08-10 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=022c355c-99ce-4a2c-ad9d-83dce6884d18.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8979a02-8da4-4b34-aed0-f2ec2312e550.pdf) |
| 2026-08-10 | [Announcement Under Regulation 30](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5e32b75-81a3-4afe-a4d9-d361acfb41b7.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6b5655b-1471-4cc2-bf48-412a52c5bee1.pdf) |
| 2026-05-29 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5514ea3-1249-4ffb-8b94-9224060802fc.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7baeb821-3d74-4255-b47d-f41e81a372e8.pdf) |
| 2025-11-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=679ec8ed-7d6a-4c8b-ab8e-eb7fa9ffbcb9.pdf) |
| 2025-08-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d9e01e6-0ca3-48c5-ab88-b27b15945906.pdf) |
| 2025-05-30 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46034174-5f61-45f7-8c5f-7223f85df341.pdf) |
| 2025-02-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86bfc1e3-ee96-4e09-b1d9-8134b5cee674.pdf) |
| 2024-11-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34458216-91ae-44a8-b063-c70f3cabed9b.pdf) |
| 2024-08-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3acf6e8-dc07-41bf-b92c-8ef8b14afa23.pdf) |
| 2024-05-31 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d58fcc5-8685-43cd-85f3-4e1de6baa2aa.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36dbbb50-8b40-4fe5-a510-9f33b0d92789.pdf) |
| 2026-05-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3195cf4-fc98-4d1b-a40e-066041fc643f.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=abcf0392-7929-432c-843c-1a1056b81ecf.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=01d7e2b1-2b1b-4f7c-8542-ee675ac54af5.pdf) |
| 2025-08-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18a7eb83-a3f1-40e1-9613-c6a3942056de.pdf) |
| 2025-05-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0929280-0103-49c2-ad5c-ef22e2416b08.pdf) |
| 2025-02-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7402b422-4d70-43b6-895b-444e0aa223b4.pdf) |
| 2024-11-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f7dc5cc-8daf-43eb-ab7b-99989e37f003.pdf) |
| 2024-08-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8584e5ef-822b-48c2-943f-c03d1831c423.pdf) |
| 2024-05-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1095712-f633-43b3-ae32-cb77fed2d6d6.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99a3af09-cb2a-46c0-9a9a-66c0414d43f7.pdf) |
| 2026-05-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c5cf942-182f-4388-a72e-734bdac54a9f.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d84288a8-f32d-4088-b8b9-0152ff8a16ff.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=543281a3-5f0e-4851-a3a0-5bea37665899.pdf) |
| 2025-08-11 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5e6f3e2-d758-492b-add0-9008d3786743.pdf) |
| 2025-05-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0f4036d-f9d5-4d1b-a450-eb1849e93df2.pdf) |
| 2024-11-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4bd6b82e-587e-4e24-8d48-a23a653d702e.pdf) |
| 2024-08-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=29f40ac5-592b-4744-a9b5-4404233149a5.pdf) |
| 2024-05-27 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=549fc642-4b53-4da7-a47f-0f0f51ee0c65.pdf) |
| 2024-02-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fe9920e-cbe2-41d2-a13a-e60d29c24c6e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-10 | [Results - 30/06/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad6958fc-813c-49fc-b7cd-fed321ead075.pdf) |
| 2026-05-21 | [Financial Results - 31/03/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fcf862b-3e74-4310-89b4-b593219ea292.pdf) |
| 2026-02-06 | [Results - Financial Results - 31/12/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8987240-5128-475c-9746-58fe174f88fc.pdf) |
| 2025-11-11 | [Results - Financial Results For The Quarter Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=082cd35b-4af5-4f9e-a1c4-596016233e98.pdf) |
| 2025-08-08 | [Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99de897c-d2aa-4185-a6c1-8364c4be946f.pdf) |
| 2025-05-24 | [Results - For The Quarter Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54b574a4-bf56-4a29-9727-4cf3f802a40a.pdf) |
| 2025-02-04 | [Results - Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8516f242-4f70-47cb-a8c5-10cbbcaeef96.pdf) |
| 2024-11-12 | [Results - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=556981b1-dd6a-4dd0-bab0-8a09ecd1ddad.pdf) |
| 2024-08-02 | [Results - Financial Results For The Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75a73513-0bfb-48d0-bdda-97d1ef949eeb.pdf) |
| 2024-05-23 | [Results - Financial Results For The Quarter And Financial Year Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79300cdd-1f80-49e3-97f7-0811e6a58b4c.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/679ec8ed-7d6a-4c8b-ab8e-eb7fa9ffbcb9.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34458216-91ae-44a8-b063-c70f3cabed9b.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad3bfc1f-5ec6-4247-87c9-c30081c456f0.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93c60a7c-66ba-4158-9eb7-d2ce8ed51779.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c47b9ca6-faea-4d51-863d-a02730c8a00f.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d5514ea3-1249-4ffb-8b94-9224060802fc.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d5514ea3-1249-4ffb-8b94-9224060802fc.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3195cf4-fc98-4d1b-a40e-066041fc643f.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c3195cf4-fc98-4d1b-a40e-066041fc643f.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46034174-5f61-45f7-8c5f-7223f85df341.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Audio recording of Q3 FY2025-26 earnings call (Dec 31, 2025); link provided. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 9 Feb - Audio recording of Q3 FY2025-26 earnings call (Dec 31, 2025); link provided.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d84288a8-f32d-4088-b8b9-0152ff8a16ff.pdf) |
| 6 Feb - Board approved Q3/9M unaudited results; new Haridwar unit 150,000 sets p.a., Rs.20 Cr, production by July 2026. | [Announcement Under Regulation 30 6 Feb - Board approved Q3/9M unaudited results; new Haridwar unit 150,000 sets p.a., Rs.20 Cr, production by July 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3bda20fa-1763-4f3d-81db-87f9440ac366.pdf) |
| 30 Mar - CIT(A) order dated March 27, 2026 reduces AY2022-23 demand from Rs4.30Cr to Rs5.22L; company will appeal. | [Announcement Under Regulation 30 30 Mar - CIT(A) order dated March 27, 2026 reduces AY2022-23 demand from Rs4.30Cr to Rs5.22L; company will appeal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da143525-57be-4b89-be1f-4ae5f5682b36.pdf) |
| 26 Feb - CIT(A) orders dated Feb 23, 2026 reduce tax demand from Rs84.89 Cr to Rs6.11 Cr; appeal to ITAT. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 26 Feb - CIT(A) orders dated Feb 23, 2026 reduce tax demand from Rs84.89 Cr to Rs6.11 Cr; appeal to ITAT.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10135738-29d8-4651-aab2-873101ada202.pdf) |
| 14 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d7fa9902-76a6-4153-b816-5cb11a429519.pdf) |
| — | [Closure of Trading Window 27 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c50c9b7a-2271-46b6-ad02-1fd740236469.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 16 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7baeb821-3d74-4255-b47d-f41e81a372e8.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Investor Presentation 9 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/abcf0392-7929-432c-843c-1a1056b81ecf.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/daf91eb3-87c4-4946-a168-db42a6182819.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c6e8d084-a552-4706-beba-b4e747eee565.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94763d60-a467-4e93-b195-c73ed24cf2d8.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/535602/74842535602.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/535602/69284535602.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/535602/66358535602.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/535602/5356020319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/535602/5356020318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/535602/5356020317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/535602/5356020316.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 2026-09-13T18:58:13.541Z.