---
title: "Solar Industries India Ltd (SOLARINDS) — Share Price, Financials & Analysis"
symbol: "SOLARINDS"
company: "Solar Industries India Ltd"
canonical: "https://tapetide.com/stocks/SOLARINDS"
isin: "INE343H01029"
nse_symbol: "SOLARINDS"
bse_code: "532725"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
market_cap_cr: 202471.5
generated_at: "2026-09-13T19:17:21.916Z"
---

# Solar Industries India Ltd (SOLARINDS)

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

## Company

- **NSE Symbol:** SOLARINDS
- **BSE Code:** 532725
- **ISIN:** INE343H01029
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2006-04-03
- **CEO:** Mr. Manish Satyanarayan Nuwal
- **Employees:** 2403
- **Face Value:** ₹2
- **F&O Eligible:** Yes
- **Website:** solargroup.com

## About

Solar Industries is one of the largest domestic manufacturers of bulk and cartridge explosives, detonators, detonating cords and components which find applications in the mining, infrastructure and construction industries. 
Company manufactures high-energy explosives, delivery systems, ammunition filling and pyros fuses for the defence sector.[1]

## Latest Price

- **Price:** ₹22290
- **Change:** -80 (-0.36%)
- **Open:** ₹22300
- **Day High:** ₹22500
- **Day Low:** ₹22130
- **Previous Close:** ₹22370
- **Volume:** 148838
- **As Of:** 2026-09-11T10:24:52+00:00

## Key Fundamentals

Observed at 2026-09-11T04:30:26.866821Z.

- **Market Cap:** ₹202471.5 Cr
- **Classification:** Largecap
- **P/E (reported):** 98.8
- **P/E (TTM):** 101.29
- **EPS (TTM):** ₹220.06
- **EPS (reported):** ₹102.22
- **Book Value:** ₹693.69
- **Price to Book:** 32.28
- **Dividend Yield:** 0.05%
- **ROE:** 26.52%
- **ROCE:** 29.51%
- **Debt to Equity:** 0.24
- **Revenue (yearly):** ₹9965.7 Cr
- **Net Income:** ₹1736.6 Cr
- **EBITDA:** ₹2749.8 Cr
- **52-Week High:** ₹22625
- **52-Week Low:** ₹11646
- **RSI (14):** 75.63

## Tapetide Score

- **Score:** 58 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 81.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 76.89 | 9% |
| growth | 98.9 | 9% |
| momentum | 98.04 | 12% |
| ownership | 54.17 | 24% |
| quality | 64.96 | 22% |
| valuation | 13.82 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter
- Company has delivered good profit growth of 44.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 32.2%
- Company's median sales growth is 22.8% of last 10 years

### Weaknesses

- Stock is trading at 32.1 times its book value
- Working capital days have increased from 49.9 days to 74.4 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -74.84% | -55.84% | 108.49% |
| ebitda margin growth | 18.45% | 3.37% | 19.33% | 42.73% |
| net income growth | 19.86% | 34.84% | 30% | 45% |
| revenue growth | 18.94% | 30.94% | 12% | 31% |
| roce | 19.05% | -1.63% | -1.63% | 29.95% |
| roe | 19.84% | -5.82% | 26.74% | 17.35% |

## 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 | 1347 | 1429 | 1611 | 1685 | 1716 | 1973 | 2167 | 2154 | 2082 | 2548 | 3053 | 3668 |
| Expenses | 1012 | 1074 | 1257 | 1235 | 1271 | 1447 | 1629 | 1620 | 1530 | 1840 | 2227 | 2653 |
| Operating Profit | 335 | 355 | 354 | 449 | 445 | 527 | 537 | 535 | 552 | 708 | 826 | 1015 |
| OPM % | 25 | 25 | 22 | 27 | 26 | 27 | 25 | 25 | 26 | 28 | 27 | 28 |
| Other Income | 8 | 11 | 20 | 26 | 36 | 10 | 7 | 29 | 29 | 25 | 46 | 17 |
| Interest | 25 | 28 | 32 | 27 | 30 | 31 | 29 | 27 | 31 | 34 | 41 | 41 |
| Depreciation | 34 | 39 | 37 | 40 | 44 | 47 | 50 | 56 | 61 | 63 | 71 | 80 |
| Profit before tax | 285 | 299 | 305 | 408 | 407 | 459 | 464 | 481 | 490 | 636 | 759 | 911 |
| Tax % | 27 | 26 | 21 | 26 | 25 | 26 | 25 | 27 | 26 | 27 | 27 | 27 |
| Net Profit | 209 | 222 | 243 | 301 | 304 | 338 | 346 | 353 | 361 | 467 | 556 | 666 |
| EPS in Rs | 22.12 | 22.47 | 25.98 | 31.66 | 31.59 | 34.8 | 35.61 | 37.43 | 38.12 | 49.31 | 60.52 | 72.11 |

### 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 | 1916 | 2462 | 2237 | 2516 | 3948 | 6918 | 6070 | 7540 | 9838 | 11351 |
| Expenses | 1505 | 1960 | 1803 | 2001 | 3199 | 5582 | 4588 | 5514 | 7120 | 8250 |
| Operating Profit | 412 | 502 | 434 | 515 | 748 | 1336 | 1482 | 2026 | 2717 | 3101 |
| OPM % | 21 | 20 | 19 | 20 | 19 | 19 | 24 | 27 | 28 | 27 |
| Other Income | 12 | 9 | 41 | 21 | 19 | -16 | -68 | 10 | 33 | 117 |
| Interest | 33 | 50 | 55 | 45 | 50 | 90 | 109 | 116 | 134 | 148 |
| Depreciation | 51 | 59 | 85 | 94 | 109 | 128 | 143 | 182 | 251 | 275 |
| Profit before tax | 340 | 402 | 336 | 397 | 607 | 1102 | 1161 | 1739 | 2365 | 2796 |
| Tax % | 31 | 31 | 17 | 27 | 25 | 26 | 25 | 26 | 27 | — |
| Net Profit | 234 | 277 | 279 | 288 | 455 | 811 | 875 | 1288 | 1737 | 2050 |
| EPS in Rs | 24.37 | 28.91 | 29.55 | 30.54 | 48.77 | 83.68 | 92.38 | 133.65 | 185.38 | 220.06 |
| Dividend Payout % | 25 | 24 | 20 | 20 | 15 | 10 | 9 | 7 | 6 | — |

### 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 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 910 | 1066 | 1220 | 1362 | 1561 | 1896 | 2592 | 3288 | 4395 | 6259 |
| Borrowings | 501 | 518 | 603 | 708 | 808 | 888 | 1195 | 1138 | 975 | 1524 |
| Other Liabilities | 292 | 387 | 411 | 393 | 572 | 827 | 1104 | 1134 | 2754 | 2931 |
| Total Liabilities | 1722 | 1988 | 2253 | 2481 | 2959 | 3629 | 4909 | 5577 | 8142 | 10733 |
| Fixed Assets | 777 | 923 | 1043 | 1209 | 1288 | 1493 | 1702 | 2028 | 2729 | 4006 |
| CWIP | 91 | 107 | 178 | 165 | 293 | 230 | 282 | 490 | 707 | 731 |
| Investments | 53 | 17 | 33 | 2 | 1 | 18 | 99 | 370 | 676 | 183 |
| Other Assets | 801 | 940 | 1000 | 1105 | 1378 | 1888 | 2826 | 2690 | 4030 | 5813 |
| Total Assets | 1722 | 1988 | 2253 | 2481 | 2959 | 3629 | 4909 | 5577 | 8142 | 10733 |

### 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 | 118 | 254 | 314 | 325 | 357 | 298 | 656 | 1406 | 2468 | 621 |
| Cash from Investing Activity | -170 | -174 | -254 | -260 | -253 | -338 | -614 | -1022 | -1660 | -951 |
| Cash from Financing Activity | 53 | -53 | -52 | -34 | -26 | -45 | 118 | -370 | -476 | 209 |
| Net Cash Flow | 0 | 27 | 9 | 32 | 77 | -85 | 160 | 14 | 331 | -121 |
| Free Cash Flow | -56 | 31 | 64 | 87 | 96 | 17 | 183 | 858 | 1466 | -1072 |
| CFO/OP | 55 | 83 | 88 | 100 | 90 | 61 | 68 | 115 | 142 | 47 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 74 | 69 | 59 | 60 | 66 | 50 | 44 | 51 | 60 | 69 |
| Inventory Days | 73 | 80 | 74 | 99 | 119 | 113 | 92 | 97 | 95 | 130 |
| Days Payable | 36 | 49 | 43 | 46 | 78 | 73 | 41 | 37 | 45 | 47 |
| Cash Conversion Cycle | 111 | 100 | 90 | 113 | 108 | 90 | 95 | 111 | 110 | 152 |
| Working Capital Days | 27 | 32 | 17 | 21 | 33 | 41 | 31 | 39 | 37 | 74 |
| ROCE % | 22 | 24 | 26 | 19 | 19 | 25 | 36 | 32 | 38 | 38 |

## 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 | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% | 73.15% |
| FIIs | 5.89% | 5.9% | 6.1% | 7.57% | 7.53% | 7.23% | 5.82% | 6.79% | 7.11% | 6.74% | 6.6% | 6.4% |
| DIIs | 14.92% | 14.78% | 14.53% | 12.74% | 12.68% | 12.79% | 14.11% | 13.59% | 12.89% | 12.91% | 12.9% | 13.36% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 4.29% | 4.44% | 4.74% | 4.98% | 5.06% | 5.2% | 5.23% | 4.75% | 5% | 5.33% | 5.48% | 5.23% |
| Others | 1.75% | 1.74% | 1.48% | 1.58% | 1.59% | 1.64% | 1.7% | 1.73% | 1.85% | 1.87% | 1.87% | 1.86% |
| No. of Shareholders | 50103 | 57926 | 64377 | 72853 | 78402 | 83959 | 95380 | 97712 | 105014 | 113869 | 115917 | 116877 |

## 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 / 2 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 21513.3 | Buy |
| EMA (10) | 21669.85 | Buy |
| SMA (20) | 20779.8 | Buy |
| EMA (20) | 20961.57 | Buy |
| SMA (50) | 19450.86 | Buy |
| EMA (50) | 19749.37 | Buy |
| SMA (100) | 18372.2 | Buy |
| EMA (100) | 18432.55 | Buy |
| SMA (200) | 15810.58 | Buy |
| EMA (200) | 16818.75 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 74.03 | Sell |
| MACD (12,26,9) | 855.42 | Buy |
| Stochastic (14,3,3) | 90.42 | Sell |
| ADX (14) | 31.97 | Buy |
| Williams %R (14) | -11.32 | Sell |
| ATR (14) | 524.15 | Neutral |
| ROC (12) | 10.91 | Buy |
| Stoch RSI (14) | 82.19 | Sell |
| UO (7,14,28) | 65.97 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 11 | 73.33% |
| Hold | 3 | 20% |
| Sell | 1 | 6.67% |

Based on 15 analyst ratings, observed at 2026-09-11T04:58:17.526126+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52e65130-8522-4dee-9dad-a7bb40ec1a3b.pdf) |
| 2026-09-03 | [Rumour verification - Regulation 30(11)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ebe13d0-ac14-4280-93e5-f628d93959a8.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d049ac7b-4092-46fc-a8e5-2933de2b77c8.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting Dated August 13 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4689aa9a-4367-4f21-9f2a-db28cb95ded5.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e876aa81-3523-46d6-b8a5-eebda39ea52f.pdf) |
| 2026-08-12 | [Disclosures Of The Voting Results And ScrutiniserS Report Of The 31 St Annual General Meeting Of Solar Industries India Limited Held On Tuesday August 11 2026 Through Video Conferencing / Other Audio Visual Means (VC/OAVM).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e7a91c6-6cdc-4bbd-b941-d7bddbaea6e7.pdf) |
| 2026-08-11 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b193773-33b5-48dc-9d4a-433beec39595.pdf) |
| 2026-08-06 | [Board Meeting Intimation for The Meeting Of Board Of Directors.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6015cf7-62b4-47e4-b073-3e8f4712a99e.pdf) |
| 2026-07-21 | [Letter To The Shareholders - Annual Report FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c2f4986e-0080-441f-8874-d4b5b3745341.pdf) |
| 2026-07-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a1efd13-23d0-447b-91f0-b0137e012a56.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Annual and initial large corporate disclosures filed; company says it is not a large corporate. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 9h - Annual and initial large corporate disclosures filed; company says it is not a large corporate.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ed87fb34-41fe-4e3a-b3b7-97598751dd99.pdf) |
| 8 May - Conference call on 15 May 2026 at 4:30 pm IST for Q4 and FY2026 audited results. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 May - Conference call on 15 May 2026 at 4:30 pm IST for Q4 and FY2026 audited results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d3f1ea6f-70c7-444c-adaa-efac39713de3.pdf) |
| 8 May - Board to meet on May 15, 2026 to approve FY26 audited results and consider final dividend. | [Board Meeting Intimation for Meeting Of Board. 8 May - Board to meet on May 15, 2026 to approve FY26 audited results and consider final dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4a77cce9-fdb5-494b-8998-fdd8e0b76327.pdf) |
| 7 Apr - Certificate under Regulation 74(5) of SEBI Depository Regulation (Depositories and Participation) Regulation, 2018 for quarter ended Meach 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Certificate under Regulation 74(5) of SEBI Depository Regulation (Depositories and Participation) Regulation, 2018 for quarter ended Meach 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b48e307-f3be-46c7-abf9-09df859cf61f.pdf) |
| 6 May - Shri Kirit Ramesh Kamdar resigned as Additional Non-Executive Independent Director effective May 6, 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Director 6 May - Shri Kirit Ramesh Kamdar resigned as Additional Non-Executive Independent Director effective May 6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e8707aba-766d-4ffd-bf2c-926b8919208a.pdf) |
| 31 Mar - Kirit Ramesh Kamdar appointed Independent (Non-Executive) Director for five years, effective April 1, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 31 Mar - Kirit Ramesh Kamdar appointed Independent (Non-Executive) Director for five years, effective April 1, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ffb41ac0-ed79-49fc-9751-282459392324.pdf) |
| 26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results post March 31, 2026. | [Closure of Trading Window 26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results post March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f51286b4-83b5-4d97-8265-2c9588628997.pdf) |
| 24 Apr - Newspaper clippings submitted for notice of equity shares transfer to IEPF. | [Submission Of Newspaper Clippings For The Notice Of Transfer Of Equity Shares Of The Company To Investor Education And Protection Fund (IEPF). 24 Apr - Newspaper clippings submitted for notice of equity shares transfer to IEPF.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9781fa7-e68c-44d2-9188-c59a5be4f2e9.pdf) |
| 24 Apr - CRISIL reaffirmed Solar Industries' CRISIL AA+/Positive ratings on ₹1,479.5 crore loans and ₹35 crore debentures on April 24, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 24 Apr - CRISIL reaffirmed Solar Industries' CRISIL AA+/Positive ratings on ₹1,479.5 crore loans and ₹35 crore debentures on April 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b319b85-7632-4858-838c-bba4eb8048be.pdf) |
| 23 Mar - Rs.100 crore commercial paper (INE343H14212) redeemed on March 23, 2026; payment made on due date. | [Intimation of Repayment of Commercial Paper (CP) 23 Mar - Rs.100 crore commercial paper (INE343H14212) redeemed on March 23, 2026; payment made on due date.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f400ee6-7b36-45b2-bed9-6d8ec757fa8c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Unaudited Financial Results For The Quarter Ending On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0cbd3eb0-1cf5-4217-8d35-961dc91b28b6.pdf) |
| 2026-05-15 | [Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Year Ended On March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8bee741-7c8e-47fb-9526-620a15aea728.pdf) |
| 2026-02-03 | [Outcome Of The Board Meeting Dated February 3 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f3de2e2-82b2-4830-ab6d-df52adc4c101.pdf) |
| 2025-11-10 | [Outcome Of The Board Meeting Dated November 10 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84c7a77e-330d-4eef-b4f7-e143a86625b8.pdf) |
| 2025-05-20 | [Outcome Of The Board Meeting Dated 20 May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ccc821c7-a2e3-41b6-8029-1acdaafddbca.pdf) |
| 2025-02-05 | [Outcome Of The Board Meeting Dated February 5 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f910ec0b-a968-45ef-b763-484dd50073ec.pdf) |
| 2024-11-13 | [Outcome For The Board Meeting Dated November 13, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0737a2cd-b7c7-4df7-a9ea-a0fc27f846b9.pdf) |
| 2024-08-06 | [Outcome Of The Board Meeting Dated August 6, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=541a15ef-6f88-43d3-a4de-a6c37007f1d0.pdf) |
| 2024-05-16 | [Outcome Of The Board Meeting Dated May 16, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9292abe1-aa7a-4c2f-b131-4e2b3896d8f2.pdf) |
| 2024-02-07 | [Outcome Of The Board Meeting For Unaudited Financial Results For The Quarter And Nine Months Ended On 31 December 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a19dd180-c70e-4efb-b63d-4812023540f6.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fdc843e7-8b8f-4c0b-ab89-ee0d5aa5f020.pdf) |
| 2026-05-15 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5370aa89-a590-4e87-9528-8bf0af051548.pdf) |
| 2026-02-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f903ad7e-3141-4f74-bfa2-53869cfef786.pdf) |
| 2025-11-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e69ab9f2-2d58-4127-b7e7-686348231bbc.pdf) |
| 2025-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a255779-0656-4f6a-8c98-56ca69a163a9.pdf) |
| 2025-05-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84ede9d1-0736-45f8-93c3-bf1636b6e900.pdf) |
| 2025-02-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f022e831-4a6c-4fb6-8ce5-18ddeaf3fd94.pdf) |
| 2024-11-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e53a0adf-6b50-47b0-92c9-5678f64700ed.pdf) |
| 2024-08-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a86df1e4-591f-4961-b87e-12b01f17c8ca.pdf) |
| 2024-05-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2cdeb1e1-447d-4aa1-9232-519fa1b54287.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-05-18 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bf01ad1-7e49-4c07-90fb-a898544762cf.pdf) |
| 2025-11-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de3193d6-42f0-4d84-bad5-3e546fcc15fc.pdf) |
| 2025-09-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff223cc5-43d8-44b0-b7ad-61302ac6f63b.pdf) |
| 2025-08-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ad11221-61e5-4092-8720-75b240e6fa91.pdf) |
| 2025-05-24 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3620f511-96c6-42bb-9e39-e88ef36d67a4.pdf) |
| 2025-02-11 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee13aa1a-c1a5-452c-ac24-c14ccf24031a.pdf) |
| 2024-11-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d6cae69-fa0e-4553-96e0-82425658d216.pdf) |
| 2024-08-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6db75a42-1444-403d-9373-b9d93375ac28.pdf) |
| 2024-05-20 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=533aa781-c7ce-4e70-8953-f0ae3c042b0d.pdf) |
| 2024-02-10 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3d92745-20e4-4bbb-acfe-d300cb9a2b84.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-16 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d62f2db7-e708-4353-a84f-78e5eee99bd2.pdf) |
| 2026-02-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=358193d0-5b06-4790-9da7-45bc17046a5d.pdf) |
| 2025-11-11 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6a51b02-daf2-4799-9dd1-19d945ca5109.pdf) |
| 2025-08-08 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59739423-1fa1-4584-9bea-a4ab4c0e8af2.pdf) |
| 2025-05-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=738aedda-4d64-41b4-9264-15e1fa2a650d.pdf) |
| 2024-11-14 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58b461f7-dbe4-43c6-b783-7f16dae553da.pdf) |
| 2024-08-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc3c12a9-ff85-4392-9f02-21c45c46496c.pdf) |
| 2024-05-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8aad7b88-0276-4634-b1c5-1cef67c3def2.pdf) |
| 2024-02-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6eb93128-97ac-4a8e-9eb3-f77f66f6bf5c.pdf) |
| 2023-11-03 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0546c825-354d-4aa5-8ba7-98e28f9d5c27.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ff223cc5-43d8-44b0-b7ad-61302ac6f63b.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de3193d6-42f0-4d84-bad5-3e546fcc15fc.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d6cae69-fa0e-4553-96e0-82425658d216.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/64857a40-114d-4a7b-9f37-031be3281619.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9bf01ad1-7e49-4c07-90fb-a898544762cf.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9bf01ad1-7e49-4c07-90fb-a898544762cf.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5370aa89-a590-4e87-9528-8bf0af051548.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3620f511-96c6-42bb-9e39-e88ef36d67a4.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/533aa781-c7ce-4e70-8953-f0ae3c042b0d.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56f37ad3-8657-4cd7-80fe-2c486cb8390a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83d2a209-44e0-4b21-8585-4905541a7832.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/574cb030-a990-41ca-9030-f4d798365dc1.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/632517e1-ee56-4663-b158-f4d02380bc13.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9eefcae4-7852-4f38-beb5-b685a1fdb0b9.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532725/72991532725.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 2026-09-13T19:17:21.916Z.