---
title: "Srivasavi Adhesive Tapes Ltd (SRIVASAVI) — Share Price, Financials & Analysis"
symbol: "SRIVASAVI"
company: "Srivasavi Adhesive Tapes Ltd"
canonical: "https://tapetide.com/stocks/SRIVASAVI"
isin: "INE0NPI01014"
nse_symbol: "SRIVASAVI"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 104.89
generated_at: "2026-09-13T19:03:42.887Z"
---

# Srivasavi Adhesive Tapes Ltd (SRIVASAVI)

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

## Company

- **NSE Symbol:** SRIVASAVI
- **ISIN:** INE0NPI01014
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-03-09
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vasavitapes.com

## About

Incorporated in 2010, Srivasavi Adhesive Tapes Ltd manufactures Adhesive Tapes.[1]

## Latest Price

- **Price:** ₹72.05
- **Change:** -1.95 (-2.64%)
- **Open:** ₹72.15
- **Day High:** ₹74.85
- **Day Low:** ₹72.05
- **Previous Close:** ₹74
- **Volume:** 11000
- **As Of:** 2026-09-11T09:47:33+00:00

## Key Fundamentals

Observed at 2026-09-11T04:46:48.460317Z.

- **Market Cap:** ₹104.89 Cr
- **Classification:** SME
- **P/E (reported):** 17.5
- **Book Value:** ₹32.96
- **Price to Book:** 2.25
- **Dividend Yield:** 0%
- **ROE:** 12.86%
- **ROCE:** 15.17%
- **Debt to Equity:** 0.39
- **Revenue (yearly):** ₹110.5 Cr
- **Net Income:** ₹6 Cr
- **EBITDA:** ₹9.8 Cr
- **52-Week High:** ₹98
- **52-Week Low:** ₹39
- **RSI (14):** 40.37

## Tapetide Score

- **Score:** 52 / 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:** 56.6 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 49.8 | 9% |
| growth | 66.25 | 9% |
| momentum | 98.2 | 12% |
| ownership | 54.17 | 24% |
| quality | 65.54 | 22% |
| valuation | 36.78 | 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 might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -98.35% | 100.13% | -96.05% |
| ebitda margin growth | -23.58% | — | — |
| net income growth | -11.76% | 15% | 23% |
| revenue growth | 20.5% | 22% | 14% |
| roce | -33.41% | — | — |
| roe | -23.09% | — | — |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 31 | 31 | 29 | 40 | 37 | 40 | 50 | 53 | 55 |
| Expenses | 27 | 28 | 26 | 36 | 34 | 35 | 46 | 48 | 50 |
| Operating Profit | 4 | 3 | 3 | 4 | 4 | 5 | 4 | 4 | 5 |
| OPM % | 13 | 9 | 10 | 10 | 10 | 13 | 8 | 9 | 8 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 2 | 3 | 4 | 3 | 6 | 3 | 4 | 4 |
| Tax % | 37 | 19 | 34 | 28 | 26 | 25 | 28 | 27 | 20 |
| Net Profit | 2 | 2 | 2 | 3 | 2 | 4 | 2 | 3 | 3 |
| EPS in Rs | 18.12 | 1.74 | 1.28 | 1.94 | 1.69 | 3.04 | 1.76 | 2.12 | 2.06 |

### Profit & Loss

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

| Item | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 14 | 17 | 46 | 55 | 63 | 59 | 78 | 90 | 107 |
| Expenses | 13 | 16 | 43 | 52 | 58 | 54 | 70 | 81 | 98 |
| Operating Profit | 1 | 1 | 3 | 3 | 6 | 6 | 8 | 9 | 9 |
| OPM % | 4.3 | 4.5 | 6 | 6 | 9 | 10 | 10 | 10 | 8 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 | 0 |
| Interest | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 0 | 2 | 3 | 5 | 5 | 7 | 9 | 8 |
| Tax % | 35 | 33 | 40 | 27 | 27 | 27 | 27 | 26 | 24 |
| Net Profit | 0 | 0 | 1 | 2 | 4 | 4 | 5 | 7 | 6 |
| EPS in Rs | 2.11 | 2.53 | 9.7 | 15.47 | 29.02 | 2.55 | 3.63 | 4.8 | 4.19 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.95 | 0.95 | 1 | 1 | 1 | 14 | 14 | 14 | 14 |
| Reserves | 1 | 1 | 4 | 6 | 10 | 15 | 20 | 26 | 32 |
| Borrowings | 4 | 4 | 6 | 4 | 6 | 2 | 2 | 1 | 18 |
| Other Liabilities | 2 | 3 | 10 | 12 | 10 | 11 | 13 | 16 | 19 |
| Total Liabilities | 7 | 9 | 20 | 23 | 27 | 41 | 49 | 58 | 83 |
| Fixed Assets | 2 | 2 | 5 | 6 | 6 | 7 | 12 | 15 | 19 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Other Assets | 6 | 6 | 15 | 17 | 21 | 34 | 38 | 43 | 52 |
| Total Assets | 7 | 9 | 20 | 23 | 27 | 41 | 49 | 58 | 83 |

### Cash Flow

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

| Item | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | 3 | 5 | -2 | 0 | -1 | 2 | 2 |
| Cash from Investing Activity | — | — | -1 | -2 | -1 | -9 | 0 | -1 | -18 |
| Cash from Financing Activity | — | — | -2 | -2 | 2 | 9 | 1 | -1 | 16 |
| Net Cash Flow | — | — | 0 | 1 | -2 | 0 | 0 | 0 | 0 |
| Free Cash Flow | — | — | 2 | 3 | -3 | -3 | -5 | -1 | -14 |
| CFO/OP | — | — | 109 | 182 | -19 | 30 | 18 | 40 | 43 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 90 | 86 | 74 | 69 | 58 | 77 | 77 | 92 | 92 |
| Inventory Days | 53 | 48 | 46 | 29 | 63 | 85 | 87 | 87 | 87 |
| Days Payable | 50 | 58 | 79 | 81 | 67 | 77 | 71 | 75 | 76 |
| Cash Conversion Cycle | 94 | 76 | 41 | 17 | 54 | 85 | 93 | 104 | 102 |
| Working Capital Days | 93 | 76 | 4 | -1 | 33 | 73 | 79 | 99 | 67 |
| ROCE % | — | 16 | — | 26 | 38 | 23 | 22 | 24 | 15 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 99.84% | 73.21% | 73.21% | 73.21% | 73.21% | 73.5% | 73.92% | 74.57% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 18.61% | 21.98% | 23.09% | 23.29% | 18% | 21.62% | 21.88% |
| Others | 0.16% | 8.18% | 4.8% | 3.7% | 3.49% | 8.5% | 4.47% | 3.56% |
| No. of Shareholders | 21 | 899 | 642 | 1143 | 1376 | 1183 | 1239 | 1197 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 6 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 75.35 | Sell |
| EMA (10) | 75.62 | Sell |
| SMA (20) | 77.75 | Sell |
| EMA (20) | 77.31 | Sell |
| SMA (50) | 81.77 | Sell |
| EMA (50) | 76.95 | Sell |
| SMA (100) | 70.02 | Buy |
| EMA (100) | 71.65 | Buy |
| SMA (200) | 59.49 | Buy |
| EMA (200) | 66.63 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 37.16 | Neutral |
| MACD (12,26,9) | -1.84 | Sell |
| Stochastic (14,3,3) | 24.04 | Neutral |
| ADX (14) | 21.58 | Neutral |
| Williams %R (14) | -91.46 | Buy |
| ATR (14) | 2.86 | High Volatility |
| ROC (12) | -5.82 | Sell |
| Stoch RSI (14) | 23.43 | Neutral |
| UO (7,14,28) | 54 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 7 May 2026 - Promoter disclosed no encumbrance on company shares during FY ended 31 March 2026. | [Disclosure under SEBI Takeover Regulations 7 May 2026 - Promoter disclosed no encumbrance on company shares during FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_16042026155922_SRIVASAVI.pdf) |
| 7 July 2026 - Srivasavi Tapes wins biggest USA export order for technical adhesive tape worth $77,880.60 (₹74.28 lakh). | [Bagging/Receiving of orders/contracts 7 July 2026 - Srivasavi Tapes wins biggest USA export order for technical adhesive tape worth $77,880.60 (₹74.28 lakh).](https://nsearchives.nseindia.com/corporate/SRIVASAVI_07072026122429_DisclosureUnderReg07072026Signed.pdf) |
| 4 March 2026 - Acquired 22,400 sq.ft. long-term lease at Gowribidanur for Unit 6; manufacturing plant installation underway. | [Updates 4 March 2026 - Acquired 22,400 sq.ft. long-term lease at Gowribidanur for Unit 6; manufacturing plant installation underway.](https://nsearchives.nseindia.com/corporate/SRIVASAVI_04032026182952_SATL_04March__2__signed.pdf) |
| 30 March 2026 - Trading window closed from April 1, 2026 until 48 hours after FY ended March 31, 2026 results. | [Trading Window 30 March 2026 - Trading window closed from April 1, 2026 until 48 hours after FY ended March 31, 2026 results.](https://nsearchives.nseindia.com/corporate/SRIVASAVI_30032026155602_IntimationforTradingWindowClosureNoticeSigned.pdf) |
| 30 January 2026 - Q3 FY26 revenue ₹26.2 Cr (+19% YoY); employees 357; exports +20% Dec 2025; first defence PSU contract. | [Updates 30 January 2026 - Q3 FY26 revenue ₹26.2 Cr (+19% YoY); employees 357; exports +20% Dec 2025; first defence PSU contract.](https://nsearchives.nseindia.com/corporate/SRIVASAVI_30012026193639_Q3-SATL-Srivasavi-30Jan2026_Signed.pdf) |
| 3 June 2026 - FY26 earnings conference call on June 10, 2026 at 5:00 p.m. IST. | [Analysts/Institutional Investor Meet/Con. Call Updates 3 June 2026 - FY26 earnings conference call on June 10, 2026 at 5:00 p.m. IST.](https://nsearchives.nseindia.com/corporate/SRIVASAVI_03062026173850_Earning_call_Intimation_Signed.pdf) |
| 3 February 2026 - 03-Feb-2026: Company welcomes US tariff reductions, expects improved export competitiveness and demand for specialty tapes. | [Updates 3 February 2026 - 03-Feb-2026: Company welcomes US tariff reductions, expects improved export competitiveness and demand for specialty tapes.](https://nsearchives.nseindia.com/corporate/SRIVASAVI_03022026163252_SATL_Tariff_Updates_Signed__1_.pdf) |
| 25 March 2026 - Purchase order ₹50,82,360 from ICE MAKE REFRIGERATION for specialty adhesive tapes; one-month execution. | [Bagging/Receiving of orders/contracts 25 March 2026 - Purchase order ₹50,82,360 from ICE MAKE REFRIGERATION for specialty adhesive tapes; one-month execution.](https://nsearchives.nseindia.com/corporate/SRIVASAVI_25032026164739_DisclosureUnderReg30signed.pdf) |
| 24 April 2026 - SDD compliance certificate for FY2025-26; 7 events captured, no noncompliance observed. | [Structural Digital Database 24 April 2026 - SDD compliance certificate for FY2025-26; 7 events captured, no noncompliance observed.](https://nsearchives.nseindia.com/corporate/SRIVASAVI_24042026114403_Annexure_I_SDD_BY_PCS_Sign.pdf) |
| 23 Jul - Published AGM notice and e-voting intimation in Financial Express and Udayakala on 23 July 2026. | [Copy of Newspaper Publication 23 Jul - Published AGM notice and e-voting intimation in Financial Express and Udayakala on 23 July 2026.](https://nsearchives.nseindia.com/corporate/SRIVASAVI_23072026153111_NewspapaerPublicationNSE_Sign.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Dec 2024 | [Concall - Dec 2024](https://nsearchives.nseindia.com/corporate/SRIVASAVI_12122024224429_DisclosureunderReg3012122024.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29952_SRIVASAVI_2025_2026_A_2513546_22072026180459.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27218_SRIVASAVI_2024_2025_A_01082025151904.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24691_SRIVASAVI_2023_2024_27072024191229.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_22731_SRIVASAVI_2022_2023_11082023190724_08112023200000.zip) |

---

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 2026-09-13T19:03:42.887Z.