---
title: "Shreyans Industries Ltd (SHREYANIND) — Share Price, Financials & Analysis"
symbol: "SHREYANIND"
company: "Shreyans Industries Ltd"
canonical: "https://tapetide.com/stocks/SHREYANIND"
isin: "INE231C01019"
nse_symbol: "SHREYANIND"
bse_code: "516016"
sector: "Commodities"
industry: "Paper, Forest & Jute Products"
market_cap_cr: 186.5
generated_at: "2026-09-13T19:10:13.318Z"
---

# Shreyans Industries Ltd (SHREYANIND)

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

## Company

- **NSE Symbol:** SHREYANIND
- **BSE Code:** 516016
- **ISIN:** INE231C01019
- **Sector:** Commodities
- **Industry:** Paper, Forest & Jute Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 1996-11-06
- **CEO:** Mr. Rajneesh Oswal
- **Employees:** 1373
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** shreyansgroup.com

## About

Incorporated in 1979, Shreyans Industries Ltd manufactures Writing and Printing Paper[1]

## Latest Price

- **Price:** ₹132.8
- **Change:** -2.66 (-1.96%)
- **Open:** ₹135
- **Day High:** ₹135
- **Day Low:** ₹131.5
- **Previous Close:** ₹135.46
- **Volume:** 3771
- **As Of:** 2026-09-11T09:59:22+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:32.836677Z.

- **Market Cap:** ₹186.5 Cr
- **Classification:** Microcap
- **P/E (reported):** -13.3
- **EPS (TTM):** ₹-10.15
- **Book Value:** ₹308.81
- **Price to Book:** 0.44
- **Dividend Yield:** 1.11%
- **ROE:** 1.52%
- **ROCE:** 2.42%
- **Debt to Equity:** 0.14
- **Revenue (yearly):** ₹634.3 Cr
- **Net Income:** ₹6.5 Cr
- **EBITDA:** ₹27.5 Cr
- **52-Week High:** ₹247.22
- **52-Week Low:** ₹121.76
- **RSI (14):** 59.03

## Tapetide Score

- **Score:** 45 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 30.81 | 9% |
| growth | 34.16 | 9% |
| momentum | 34.29 | 12% |
| ownership | 48.91 | 24% |
| quality | 61.95 | 22% |
| valuation | 42.5 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.43 times its book value
- Market value of investments Rs.214 Cr. is more than the Market Cap Rs.184 Cr.
- Company has been maintaining a healthy dividend payout of 17.9%

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.2% over past five years.
- Company has a low return on equity of 12.3% over last 3 years.
- Earnings include an other income of Rs.19.6 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -67.83% | -81.54% | -25.88% |
| ebitda margin growth | 121.13% | -68.53% | -76.02% | -15.1% |
| net income growth | 69.52% | -87.15% | -56% | -7% |
| revenue growth | -0.82% | -0.05% | -10% | 11% |
| roce | — | -83.66% | -91.23% | 15.97% |
| roe | — | -87.19% | 12.07% | -64.57% |

## 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 | 171.2 | 172.65 | 167.52 | 135.56 | 132.47 | 169.66 | 179.08 | 153.63 | 142.29 | 159.2 | 167.7 | 160.13 |
| Expenses | 147.43 | 155.29 | 150.27 | 119.82 | 124.92 | 153.73 | 152.22 | 137.74 | 136.61 | 163.11 | 178.64 | 168.59 |
| Operating Profit | 23.77 | 17.36 | 17.25 | 15.74 | 7.55 | 15.93 | 26.86 | 15.89 | 5.68 | -3.91 | -10.94 | -8.46 |
| OPM % | 13.88 | 10.06 | 10.3 | 11.61 | 5.7 | 9.39 | 15 | 10.34 | 3.99 | -2.46 | -6.52 | -5.28 |
| Other Income | 6.09 | 15.23 | 6.07 | 7.44 | 9.11 | 2.1 | 2.59 | 11.1 | 0.5 | 5.34 | 3.8 | 10.01 |
| Interest | 0.91 | 1.18 | 1.23 | 0.92 | 0.96 | 1.14 | 1.09 | 0.83 | 0.91 | 1.4 | 0.94 | 0.96 |
| Depreciation | 3.38 | 3.44 | 3.45 | 3.73 | 3.97 | 3.87 | 3.9 | 3.87 | 3.95 | 3.92 | 3.86 | 4.03 |
| Profit before tax | 25.57 | 27.97 | 18.64 | 18.53 | 11.73 | 13.02 | 24.46 | 22.29 | 1.32 | -3.89 | -11.94 | -3.44 |
| Tax % | 23 | 25.46 | 20.01 | 24.61 | 22.68 | 30.11 | 24.57 | 22.52 | -68.94 | -34.45 | -12.14 | -6.1 |
| Net Profit | 19.69 | 20.85 | 14.9 | 13.97 | 9.07 | 9.1 | 18.46 | 17.27 | 2.23 | -2.55 | -10.48 | -3.24 |
| EPS in Rs | 14.24 | 15.08 | 10.78 | 10.11 | 6.56 | 6.58 | 13.35 | 12.49 | 1.61 | -1.84 | -7.58 | -2.34 |

### 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 | 464 | 574 | 540 | 366 | 584 | 866 | 699 | 617 | 623 | 629 |
| Expenses | 407 | 494 | 499 | 361 | 574 | 759 | 602 | 547 | 607 | 647 |
| Operating Profit | 57 | 80 | 42 | 5 | 11 | 107 | 98 | 70 | 16 | -18 |
| OPM % | 12 | 14 | 8 | 1.5 | 1.8 | 12 | 14 | 11 | 2.6 | -2.8 |
| Other Income | 4 | 6 | 6 | 20 | 20 | 6 | 35 | 17 | 11 | 20 |
| Interest | 6 | 6 | 5 | 5 | 6 | 5 | 4 | 4 | 4 | 4 |
| Depreciation | 9 | 9 | 11 | 11 | 13 | 13 | 14 | 15 | 16 | 16 |
| Profit before tax | 46 | 70 | 33 | 9 | 12 | 94 | 115 | 68 | 8 | -18 |
| Tax % | 32 | 33 | 2 | 7 | 17 | 22 | 24 | 25 | 17 | — |
| Net Profit | 31 | 47 | 32 | 9 | 10 | 73 | 87 | 51 | 6 | -14 |
| EPS in Rs | 22.55 | 33.96 | 23.12 | 6.35 | 7.2 | 53.14 | 63.24 | 36.6 | 4.68 | -10.15 |
| Dividend Payout % | 8 | 15 | 13 | 47 | 28 | 9 | 8 | 14 | 32 | — |

### 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 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 111 | 141 | 184 | 202 | 212 | 218 | 288 | 369 | 413 | 413 |
| Borrowings | 41 | 46 | 32 | 58 | 66 | 61 | 42 | 34 | 45 | 61 |
| Other Liabilities | 104 | 109 | 115 | 108 | 107 | 138 | 138 | 143 | 144 | 146 |
| Total Liabilities | 270 | 310 | 345 | 382 | 398 | 431 | 482 | 560 | 615 | 634 |
| Fixed Assets | 148 | 169 | 175 | 173 | 215 | 219 | 215 | 219 | 236 | 229 |
| CWIP | 3 | 7 | 3 | 42 | 16 | 9 | 5 | 12 | 10 | 37 |
| Investments | 43 | 46 | 67 | 72 | 85 | 102 | 158 | 224 | 240 | 214 |
| Other Assets | 76 | 87 | 100 | 96 | 82 | 102 | 105 | 104 | 129 | 154 |
| Total Assets | 270 | 310 | 345 | 382 | 398 | 431 | 482 | 560 | 615 | 634 |

### 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 | 54 | 33 | 50 | 53 | 14 | 20 | 90 | 78 | 45 | 14 |
| Cash from Investing Activity | -34 | -32 | -27 | -62 | -16 | -6 | -63 | -59 | -45 | -19 |
| Cash from Financing Activity | -21 | -2 | -23 | 9 | 1 | -14 | -28 | -19 | 0 | 5 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Free Cash Flow | 43 | -2 | 41 | 5 | -7 | 12 | 85 | 53 | -1 | -38 |
| CFO/OP | 112 | 79 | 89 | 152 | 264 | 189 | 99 | 102 | 84 | 140 |

### 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 | 31 | 25 | 19 | 26 | 20 | 15 | 15 | 22 | 24 |
| Inventory Days | 50 | 54 | 56 | 60 | 79 | 58 | 43 | 62 | 65 | 60 |
| Days Payable | 59 | 72 | 61 | 66 | 87 | 81 | 43 | 54 | 69 | 62 |
| Cash Conversion Cycle | 12 | 13 | 21 | 13 | 17 | -2 | 16 | 24 | 19 | 23 |
| Working Capital Days | -23 | -13 | -4 | -18 | -42 | -35 | -19 | -20 | -20 | -23 |
| ROCE % | 33 | 29 | 35 | 15 | 5 | 6 | 31 | 31 | 16 | 2 |

## 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 | 50.53% | 50.53% | 50.53% | 50.53% | 50.53% | 50.53% | 50.53% | 50.53% | 50.5% | 50.5% | 50.5% | 50.28% |
| FIIs | 0.27% | 0% | 0.28% | 0.32% | 0.3% | 0.24% | 0.28% | 0.24% | 0.24% | 0.24% | 0.24% | 0.23% |
| DIIs | 0.02% | 0.22% | 0.22% | 0.22% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.17% | 0.22% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.27% | 25.11% | 26.37% | 26.42% | 26.17% | 25.96% | 26% | 26.17% | 26.41% | 26.23% | 26.13% | 26.05% |
| Others | 24.91% | 24.15% | 22.6% | 22.51% | 22.83% | 23.1% | 23.02% | 22.89% | 22.68% | 22.86% | 22.96% | 23.21% |
| No. of Shareholders | 16620 | 17336 | 17971 | 17336 | 17821 | 17616 | 17462 | 17261 | 17270 | 16702 | 16471 | 16219 |

## Technical Indicators

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

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 6 / 7 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 130.36 | Buy |
| EMA (10) | 131.33 | Buy |
| SMA (20) | 128.27 | Buy |
| EMA (20) | 130.99 | Buy |
| SMA (50) | 134.74 | Sell |
| EMA (50) | 134.41 | Sell |
| SMA (100) | 143.03 | Sell |
| EMA (100) | 141.2 | Sell |
| SMA (200) | 152.91 | Sell |
| EMA (200) | 154.04 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.63 | Neutral |
| MACD (12,26,9) | -0.47 | Buy |
| Stochastic (14,3,3) | 71.6 | Neutral |
| ADX (14) | 24.59 | Neutral |
| Williams %R (14) | -34.05 | Neutral |
| ATR (14) | 5.13 | High Volatility |
| ROC (12) | 6.25 | Buy |
| Stoch RSI (14) | 77.61 | Neutral |
| UO (7,14,28) | 46.79 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52359fae-a9e4-4a57-bcc3-aa1327e7962c.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ee3f522-e036-479b-88a5-d7f04a3ae100.pdf) |
| 2026-08-12 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=776f0fc2-ff2f-4711-9bb8-1032b9be09ec.pdf) |
| 2026-07-30 | [Board Meeting Intimation for Un-Audited Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d85c2670-42d4-42f4-b387-05890e0182eb.pdf) |
| 2026-07-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe927b22-4235-42e8-8d0f-8e9c7b9b192d.pdf) |
| 2026-07-18 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a63573f0-5464-455c-91ed-4dad616672a0.pdf) |
| 2026-07-18 | [Notice Of 46Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b826529f-e33f-4466-a0a2-ffcea6623b54.pdf) |
| 2026-07-18 | [Intimation Of Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bd3bea66-ca7b-4547-af2b-67e4df7698c1.pdf) |
| 2026-07-18 | [Intimation Of Book Closure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d505216-61f6-418c-9e12-1d6df672e372.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=701520c2-b130-4e93-a8ff-e37470e9ef49.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Un-Audited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab2f79f2-6596-4ef5-8fe6-ddb23eb45ba4.pdf) |
| 2026-05-20 | [Audited Financial Results For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cea5af4d-af3b-40b7-a219-2912e1882b81.pdf) |
| 2026-02-10 | [Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e03424dd-d33d-4e3b-a197-fca24a738256.pdf) |
| 2025-11-11 | [Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c472ee10-4c15-450e-b8fd-ba350d4e8faa.pdf) |
| 2025-08-12 | [Un-Audited Financial Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=019fdcee-4a08-4aa2-a767-933c88203090.pdf) |
| 2025-05-23 | [Audited Financial Results For The Quarter And Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aaa21471-d4a3-434e-8592-aad96e7ea08b.pdf) |
| 2025-02-05 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e407082-2b04-403e-bce8-b103fedbd831.pdf) |
| 2024-11-07 | [UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c7295d00-2904-49b5-b8f5-54ed6b1e8cc9.pdf) |
| 2024-08-05 | [Financial Results For The Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04ab9fb3-beea-4437-a1c4-252ccb9becdf.pdf) |
| 2024-05-10 | [Audited Financial Results For The Financial Year Ended 31St March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e88ef98-9940-498a-bf1c-e2204267971a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jan - Regulation 74(5) certificate: physical share certificates dematerialized for quarter ended 31-Dec-2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - Regulation 74(5) certificate: physical share certificates dematerialized for quarter ended 31-Dec-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/daebc6c0-4c56-4530-ae6b-179db26724c2.pdf) |
| 6 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0baa52e-e5c7-421e-8f01-1a58454655bf.pdf) |
| 2d - Board to meet on 20 May 2025 to approve FY2025 audited results and consider dividend. | [Board Meeting Intimation for Audited Financial Results Of The Company For The Quarter And Financial Year Ended 31St March, 2026 And To Consider And Recommend Dividend, If Any, For The Financial Year 2025-26. 2d - Board to meet on 20 May 2025 to approve FY2025 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/f0bef201-b8b6-44d0-a4c0-ba7c3ebf3010.pdf) |
| 24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year ended 31 March 2026. | [Closure of Trading Window 24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b89eaf31-8b08-49a7-96b4-e07d28432f9b.pdf) |
| 2 Feb - Board meeting on 10 Feb 2025 to approve unaudited results for quarter and nine months ended 31 Dec 2025. | [Board Meeting Intimation for Un-Audited Financial Results For The Quarter And Period Ended 31St December 2025 2 Feb - Board meeting on 10 Feb 2025 to approve unaudited results for quarter and nine months ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4f8ca047-785a-403f-8105-e2a5ef2f27bc.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8bdc54d5-0e16-405c-98cb-28a69f015254.pdf) |
| — | [Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December 2025 10 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e03424dd-d33d-4e3b-a197-fca24a738256.pdf) |
| — | [Closure of Trading Window 27 Dec 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12457f21-0af1-4a83-9962-a5534570b9e5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_839_SHREYANIND_2012_2013_01082013183705.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a63573f0-5464-455c-91ed-4dad616672a0.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f705939c-9a46-45cd-a191-83f25d9c6988.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/570d4b04-1fb8-4980-a84c-d3feb7153cc9.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/01636870-1c73-4bdb-ba89-84e72730e398.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/516016/73908516016.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/516016/72534516016.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/516016/66029516016.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/516016/5160160319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/516016/5160160318.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 2026-09-13T19:10:13.318Z.