---
title: "Star Paper Mills Ltd (STARPAPER) — Share Price, Financials & Analysis"
symbol: "STARPAPER"
company: "Star Paper Mills Ltd"
canonical: "https://tapetide.com/stocks/STARPAPER"
isin: "INE733A01018"
nse_symbol: "STARPAPER"
bse_code: "516022"
sector: "Commodities"
industry: "Paper, Forest & Jute Products"
market_cap_cr: 260.66
generated_at: "2026-09-13T19:15:06.906Z"
---

# Star Paper Mills Ltd (STARPAPER)

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

## Company

- **NSE Symbol:** STARPAPER
- **BSE Code:** 516022
- **ISIN:** INE733A01018
- **Sector:** Commodities
- **Industry:** Paper, Forest & Jute Products
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 1995-09-13
- **CEO:** Mr. Madhukar Mishra B.Sc, DMS (Mgt.)
- **Employees:** 382
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** starpapers.com

## About

Incorporated in 1938, Star Paper Mills Ltd manufactures and supplies Paper and Paper Board[1]

## Latest Price

- **Price:** ₹168.44
- **Change:** -1.4 (-0.82%)
- **Open:** ₹170
- **Day High:** ₹170.8
- **Day Low:** ₹166.05
- **Previous Close:** ₹169.84
- **Volume:** 26257
- **As Of:** 2026-09-11T10:01:37+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:23.629514Z.

- **Market Cap:** ₹260.66 Cr
- **Classification:** Microcap
- **P/E (reported):** 8.5
- **P/E (TTM):** 8.49
- **EPS (TTM):** ₹19.83
- **EPS (reported):** ₹41.91
- **Book Value:** ₹453.75
- **Price to Book:** 0.37
- **Dividend Yield:** 1.47%
- **ROE:** 4.62%
- **ROCE:** 4.45%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹433.6 Cr
- **Net Income:** ₹32.8 Cr
- **EBITDA:** ₹42.1 Cr
- **52-Week High:** ₹179.37
- **52-Week Low:** ₹119.05
- **RSI (14):** 70.6

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 69.89 | 9% |
| growth | 31.74 | 9% |
| momentum | 73.61 | 12% |
| ownership | 48.56 | 24% |
| quality | 54.62 | 22% |
| valuation | 80.24 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.37 times its book value

### Weaknesses

- The company has delivered a poor sales growth of 11.9% over past five years.
- Tax rate seems low
- Company has a low return on equity of 6.51% over last 3 years.
- Contingent liabilities of Rs.80.9 Cr.
- Promoters have pledged 47.2% of their holding.
- Earnings include an other income of Rs.25.7 Cr.
- Dividend payout has been low at 7.68% of profits over last 3 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 96.02% | 12.58% | 55.81% |
| ebitda margin growth | — | -26.42% | -47.97% | -32.26% |
| net income growth | 946.15% | -20.19% | -30% | 8% |
| revenue growth | 9.72% | -5.8% | -6% | 12% |
| roce | — | -37.06% | -59.91% | 8.46% |
| roe | — | -23.51% | 6.85% | -32.55% |

## 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 | 106 | 115 | 100 | 114 | 111 | 97 | 114 | 101 | 104 | 92 | 113 | 103 |
| Expenses | 90 | 101 | 95 | 104 | 102 | 90 | 104 | 95 | 97 | 91 | 108 | 101 |
| Operating Profit | 15 | 14 | 5 | 10 | 9 | 8 | 10 | 6 | 7 | 1 | 4 | 3 |
| OPM % | 14 | 12 | 5 | 9 | 8 | 8 | 9 | 6 | 7 | 0.7 | 4 | 2.7 |
| Other Income | 8 | 7 | 11 | 8 | 10 | 4 | 1 | 12 | 6 | 12 | -6 | 14 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 22 | 19 | 14 | 16 | 17 | 11 | 9 | 16 | 11 | 11 | -3 | 15 |
| Tax % | 32 | 24 | 0 | 16 | 17 | 28 | 43 | 22 | -20 | 22 | -63 | 26 |
| Net Profit | 15 | 15 | 14 | 14 | 15 | 8 | 5 | 13 | 13 | 8 | -1 | 11 |
| EPS in Rs | 9.73 | 9.46 | 9.17 | 8.91 | 9.3 | 4.94 | 3.21 | 8.21 | 8.34 | 5.27 | -0.83 | 7.05 |

### 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 | 347 | 378 | 341 | 233 | 331 | 493 | 444 | 436 | 410 | 412 |
| Expenses | 274 | 328 | 293 | 212 | 299 | 412 | 387 | 399 | 391 | 397 |
| Operating Profit | 72 | 49 | 48 | 21 | 32 | 80 | 57 | 37 | 18 | 15 |
| OPM % | 21 | 13 | 14 | 9 | 10 | 16 | 13 | 8 | 4.5 | 3.6 |
| Other Income | 5 | 7 | 7 | 9 | 18 | 9 | 30 | 24 | 24 | 26 |
| Interest | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 7 | 7 |
| Profit before tax | 72 | 52 | 49 | 25 | 44 | 83 | 81 | 53 | 34 | 33 |
| Tax % | 25 | -3 | 24 | 30 | 17 | 21 | 21 | 23 | 4 | — |
| Net Profit | 54 | 53 | 37 | 18 | 37 | 66 | 64 | 41 | 33 | 31 |
| EPS in Rs | 34.76 | 34.08 | 23.88 | 11.22 | 23.48 | 42.07 | 41 | 26.36 | 20.98 | 19.83 |
| Dividend Payout % | 7 | 7 | 10 | 22 | 15 | 12 | 10 | 13 | 0 | — |

### 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 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 337 | 390 | 440 | 473 | 486 | 519 | 579 | 632 | 665 | 693 |
| Borrowings | 4 | 2 | 1 | 0 | 1 | 1 | 0 | 5 | 5 | 4 |
| Other Liabilities | 157 | 154 | 135 | 142 | 147 | 136 | 134 | 137 | 137 | 125 |
| Total Liabilities | 514 | 562 | 592 | 630 | 650 | 672 | 728 | 790 | 822 | 838 |
| Fixed Assets | 404 | 405 | 410 | 412 | 415 | 415 | 414 | 425 | 424 | 420 |
| CWIP | 2 | 7 | 4 | 7 | 6 | 3 | 3 | 3 | 2 | 4 |
| Investments | 46 | 78 | 81 | 89 | 94 | 113 | 47 | 194 | 203 | 247 |
| Other Assets | 61 | 71 | 96 | 122 | 135 | 141 | 265 | 167 | 194 | 167 |
| Total Assets | 514 | 562 | 592 | 630 | 650 | 672 | 728 | 790 | 822 | 838 |

### 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 | 39 | 36 | 31 | 18 | 29 | 19 | 47 | 26 | 15 | 29 |
| Cash from Investing Activity | -35 | -31 | -28 | -4 | -25 | -13 | -41 | -9 | 4 | -36 |
| Cash from Financing Activity | -3 | -7 | -5 | -8 | -5 | -5 | -6 | -9 | -8 | -7 |
| Net Cash Flow | 1 | -2 | -2 | 5 | -2 | 0 | -1 | 7 | 12 | -13 |
| Free Cash Flow | 35 | 31 | 25 | 8 | 22 | 17 | 42 | 15 | 11 | 21 |
| CFO/OP | 74 | 68 | 85 | 55 | 161 | 89 | 83 | 84 | 71 | 212 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 8 | 8 | 7 | 4 | 1 | 7 | 2 | 3 | 5 | 6 |
| Inventory Days | 113 | 144 | 131 | 224 | 294 | 189 | 179 | 219 | 225 | 198 |
| Days Payable | 148 | 136 | 105 | 124 | 112 | 73 | 57 | 46 | 35 | 34 |
| Cash Conversion Cycle | -27 | 16 | 33 | 104 | 182 | 122 | 124 | 176 | 194 | 170 |
| Working Capital Days | -19 | -2 | 13 | 40 | 42 | 43 | 44 | 63 | 81 | 79 |
| ROCE % | 32 | 19 | 12 | 10 | 5 | 9 | 17 | 13 | 8 | 4 |

## 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 | 44.93% | 44.93% | 44.93% | 44.93% | 44.93% | 44.93% | 44.93% | 44.93% | 44.93% | 44.93% | 44.93% | 44.93% |
| FIIs | 1.83% | 1.7% | 1.7% | 1.71% | 1.76% | 1.69% | 1.69% | 1.71% | 1.68% | 1.68% | 1.68% | 1.64% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 41.54% | 39.15% | 38.18% | 37.5% | 37.57% | 37.36% | 36.72% | 37.4% | 39.12% | 39.23% | 38.4% | 38.6% |
| Others | 11.7% | 14.21% | 15.19% | 15.86% | 15.74% | 16.02% | 16.66% | 15.95% | 14.26% | 14.15% | 14.98% | 14.82% |
| No. of Shareholders | 20272 | 19320 | 17494 | 16746 | 16982 | 17204 | 17244 | 17238 | 17294 | 16874 | 16510 | 16183 |

## 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 / 3 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 157.52 | Buy |
| EMA (10) | 159.48 | Buy |
| SMA (20) | 152.33 | Buy |
| EMA (20) | 155.28 | Buy |
| SMA (50) | 148.86 | Buy |
| EMA (50) | 149.99 | Buy |
| SMA (100) | 143.97 | Buy |
| EMA (100) | 147.12 | Buy |
| SMA (200) | 146.34 | Buy |
| EMA (200) | 149 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 68.34 | Neutral |
| MACD (12,26,9) | 4.53 | Buy |
| Stochastic (14,3,3) | 81.95 | Sell |
| ADX (14) | 28.04 | Buy |
| Williams %R (14) | -13.77 | Sell |
| ATR (14) | 6.92 | High Volatility |
| ROC (12) | 14.69 | Buy |
| Stoch RSI (14) | 90.07 | Sell |
| UO (7,14,28) | 58.5 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Board meeting on 13 Feb 2026 to approve Q3/9M unaudited financial results ended 31 Dec 2025. | [Board Meeting Intimation for Board Meeting On 13Th Feb., 2026 To Consider And Approve Financial Results For The Quarter & Nine Months Ended 31St Dec., 2025. 9 Feb - Board meeting on 13 Feb 2026 to approve Q3/9M unaudited financial results ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf1ad03d-f6cf-4799-8b27-097a8c657893.pdf) |
| 9 Apr - Star Paper Mills confirms it is not a large corporate; no borrowing as of 31 March 2026. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 9 Apr - Star Paper Mills confirms it is not a large corporate; no borrowing as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d6c996af-a524-4ce0-9dae-4d30f2252732.pdf) |
| 7 Jan - RTA reports zero re-lodged physical share transfer requests between 07-Jul-2025 and 06-Jan-2026. | [Update On Re-Lodgement Of Transfer Requests. 7 Jan - RTA reports zero re-lodged physical share transfer requests between 07-Jul-2025 and 06-Jan-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7bd3e86c-b149-4ac1-9969-af5cae56dd7d.pdf) |
| 6 Apr - Certificate under Reg 74(5) of SEBI (DP) Reg., 2018 for the quarter ended 31st March, 2026 is attached. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Certificate under Reg 74(5) of SEBI (DP) Reg., 2018 for the quarter ended 31st March, 2026 is attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c3562c47-311d-41d7-a362-81785c8ee6be.pdf) |
| 5 Jan - Reg.74(5) certificate: KFin confirms dematerialisation processed within 15 days for quarter ended 31 Dec 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan - Reg.74(5) certificate: KFin confirms dematerialisation processed within 15 days for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b233268c-ca00-4184-9169-fe32c6fcd320.pdf) |
| 4 Apr - Newspaper ad for Saksham Niveshak campaign, 1 April-9 July 2026, promoting KYC updation and unpaid dividend claims. | [Copy Of Newspaper Advertisement-2Nd 100 Days'' Campaign 4 Apr - Newspaper ad for Saksham Niveshak campaign, 1 April-9 July 2026, promoting KYC updation and unpaid dividend claims.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a7f7a4c-a2a8-417f-9931-47972ad7b8ff.pdf) |
| 30 Apr - Copy of newspaper advertisement dated 30.04.26 is attached in respect of special window for transfer of physical shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Apr - Copy of newspaper advertisement dated 30.04.26 is attached in respect of special window for transfer of physical shares](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1de1134-d0c0-45e5-9983-5c8b6fd8446d.pdf) |
| 30 Apr - Copy of newspaper advertisement dated 30.04.26 is attached in respect of special window for transfer of physical shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Apr - Copy of newspaper advertisement dated 30.04.26 is attached in respect of special window for transfer of physical shares](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d1de1134-d0c0-45e5-9983-5c8b6fd8446d.pdf) |
| 16 Feb - Newspaper advertisements of financial results for Quarter & Nine months ended Dec''25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Newspaper advertisements of financial results for Quarter & Nine months ended Dec''25](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af53aefa-0a59-4cf8-855f-3b047fb85a8c.pdf) |
| 13 Feb - Unaudited Q3/9M results to 31 Dec 2025; total income Rs10,362.04 lakh; Board approved 13 Feb 2026. | [Board Meeting Outcome for Quarterly Results For Dec-2025 Quarter 13 Feb - Unaudited Q3/9M results to 31 Dec 2025; total income Rs10,362.04 lakh; Board approved 13 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e6e7c42d-6f4a-40f9-b487-b46b208c89f2.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Copy Of 87Th AGM Notice](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88f31a4a-38c9-40ea-8518-04432202c7bd.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ccdf200a-21ab-47ac-a34a-606f9a468102.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e796159-2477-4277-aa51-72d1453d0987.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=809bf7af-9c13-4133-b2e5-48cb965ed761.pdf) |
| 2026-08-12 | [Board Meeting Outcome for UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d37c12f-1869-42b1-bc3f-ac0532d05e91.pdf) |
| 2026-08-12 | [87Th AGM Of The Company Record Date For Dividend Cut-Off Date Etc.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=589a0515-4cdc-441d-9ee1-4a58a39490ff.pdf) |
| 2026-08-12 | [Record Date For Dividend Eligibility For FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6dd6514e-24ec-4627-8d5b-0d0df58a6e7b.pdf) |
| 2026-08-03 | [Board Meeting Intimation for Board Meeting On 12Th Aug 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b3088a7-9e48-4a7b-9d2a-3d9b5db688b8.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6df4c1c5-e5c9-4cc4-9a83-6958c0a65b0d.pdf) |
| 2026-06-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e240027c-62d0-45a6-acd7-38661188523c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-25 | [Financial Results For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5229142f-69a0-44f1-9332-0798cad2180b.pdf) |
| 2025-11-13 | [Results For The Quarter And Half Year Ended 30Th Sept. 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b66241c7-5bcd-4193-bda7-ebdee7af70f0.pdf) |
| 2025-08-13 | [Results For The Quarter Ended 30Th JUNE 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf5345a5-c5fa-497d-b27c-1799d58e5b2e.pdf) |
| 2025-02-12 | [RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DEC 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=537e1ea6-2928-4b03-9e7d-477166819adb.pdf) |
| 2024-11-14 | [Results For The Quarter And Half Year Ended 30Th Sept2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19e9bec0-9b2c-4fe2-8dad-554dbddfd518.pdf) |
| 2024-08-13 | [Results For JUNE 2024 QUARTER Attached](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc88c004-e7f2-4063-aa08-cf21aca08f46.pdf) |
| 2024-05-24 | [Financial Results For The Quarter And Year Ended 31St March 2024 & Dividend For FY 2023-24.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2242ff8-e10a-422f-ae8c-5d757fd46fc1.pdf) |
| 2024-02-09 | [Results For The Quarter And Nine Months Ended 31St Dec., 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e676c35-6657-4305-afd3-621b0fb3835f.pdf) |
| 2023-11-09 | [RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPT., 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89a6036f-770c-4fb5-8ddf-d39e58793588.pdf) |
| 2023-08-11 | [Unaudited Financial Results For The Quarter Ended 30Th June, 2023 (Q1 Of FY 2023-24)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=64b0f18c-d38d-4180-8318-120c9c2bab75.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_STARPAPER_2010_2011_21092011050202.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af693162-8667-4f96-9d3e-8541df257f41.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/53ca6691-6a7d-40ef-ac7b-61d95be0a001.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b28abf9d-1f48-4e35-b53f-587407a7e498.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/516022/75071516022_28_09_22.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/516022/70301516022.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/516022/66352516022.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/516022/5160220319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/516022/5160220318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/516022/5160220317.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 2026-09-13T19:15:06.906Z.