---
title: "TRF Ltd (TRF) — Share Price, Financials & Analysis"
symbol: "TRF"
company: "TRF Ltd"
canonical: "https://tapetide.com/stocks/TRF"
isin: "INE391D01019"
nse_symbol: "TRF"
bse_code: "505854"
sector: "Industrials"
industry: "Industrial Manufacturing"
market_cap_cr: 243.29
generated_at: "2026-09-13T19:36:25.247Z"
---

# TRF Ltd (TRF)

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

## Company

- **NSE Symbol:** TRF
- **BSE Code:** 505854
- **ISIN:** INE391D01019
- **Sector:** Industrials
- **Industry:** Industrial Manufacturing
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2010-03-26
- **CEO:** Mr. Umesh Kumar Singh
- **Employees:** 422
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** trf.co.in

## About

Incorporated in 1962, TRF Ltd undertakes turnkey projects of material handling for tinfrastructure sector and is engaged in production of such material handling equipments along with provding services relating to design and engineering, super vision, etc.[1]

## Latest Price

- **Price:** ₹222.05
- **Change:** +1.25 (+0.57%)
- **Open:** ₹221
- **Day High:** ₹223
- **Day Low:** ₹218.6
- **Previous Close:** ₹220.8
- **Volume:** 12406
- **As Of:** 2026-09-11T09:59:56+00:00

## Key Fundamentals

Observed at 2026-09-11T04:47:42.819650Z.

- **Market Cap:** ₹243.29 Cr
- **Classification:** Microcap
- **P/E (reported):** -39.8
- **EPS (TTM):** ₹-5.54
- **EPS (reported):** ₹33.58
- **Book Value:** ₹-307.49
- **Price to Book:** -0.72
- **Dividend Yield:** 0%
- **ROE:** -5.3%
- **ROCE:** 4.32%
- **Debt to Equity:** 0.3
- **Revenue (yearly):** ₹101 Cr
- **Net Income:** ₹-4.5 Cr
- **EBITDA:** ₹24.6 Cr
- **52-Week High:** ₹405
- **52-Week Low:** ₹215.5
- **RSI (14):** 37.34

## Tapetide Score

- **Score:** 35 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Flat
- **Percentile:** 6 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 13.14 | 9% |
| growth | 13.93 | 9% |
| momentum | 50.19 | 12% |
| ownership | 46.74 | 24% |
| quality | 38.81 | 22% |
| valuation | 33.1 | 24% |

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

## Key Insights

### Strengths

- Debtor days have improved from 153 to 107 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -5.69% over past five years.
- Promoter holding is low: 34.1%
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.6.64 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -100.07% | -100.21% | 99.81% |
| ebitda margin growth | 427.27% | -28.69% | -31.51% | 113.37% |
| net income growth | 127.54% | -117.44% | -62% | 15% |
| revenue growth | 36.32% | -27.23% | -22% | -6% |
| roce | -317.97% | -79.02% | -87.91% | 23.52% |
| roe | -127.21% | -117.15% | 42.31% | -196.72% |

## 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 | 39.27 | 28.77 | 38 | 37.62 | 32.7 | 23.31 | 27.11 | 23.42 | 22.34 | 19.89 | 19.39 | 26.03 |
| Expenses | 30.62 | 17.06 | 32.69 | 32.47 | 25.94 | 11.8 | 20.88 | 20.22 | 17.27 | 13.19 | 25.64 | 24.7 |
| Operating Profit | 8.65 | 11.71 | 5.31 | 5.15 | 6.76 | 11.51 | 6.23 | 3.2 | 5.07 | 6.7 | -6.25 | 1.33 |
| OPM % | 22.03 | 40.7 | 13.97 | 13.69 | 20.67 | 49.38 | 22.98 | 13.66 | 22.69 | 33.69 | -32.23 | 5.11 |
| Other Income | 13.23 | -4.76 | 6.11 | 3.87 | 3.64 | 4.01 | 6.53 | 3.78 | -6.96 | 3.65 | 4.06 | 5.89 |
| Interest | 2.97 | 3.1 | 4.5 | 3.47 | 3.75 | 3.6 | 3.23 | 2.81 | 4.16 | 3.83 | 4.01 | 4.55 |
| Depreciation | 0.57 | 0.55 | 0.62 | 0.57 | 0.63 | 0.65 | 0.87 | 0.66 | 0.71 | 0.78 | 0.77 | 0.8 |
| Profit before tax | 18.34 | 3.3 | 6.3 | 4.98 | 6.02 | 11.27 | 8.66 | 3.51 | -6.76 | 5.74 | -6.97 | 1.87 |
| Tax % | 0 | 63.03 | 0 | 0 | 0 | 0 | 59.35 | 0 | 0.74 | 0 | -0.86 | 0 |
| Net Profit | 18.33 | 1.21 | 6.3 | 4.99 | 6.02 | 11.27 | 3.52 | 3.51 | -6.81 | 5.74 | -6.91 | 1.88 |
| EPS in Rs | 16.66 | 1.1 | 5.72 | 4.53 | 5.47 | 10.24 | 3.2 | 3.19 | -6.19 | 5.22 | -6.28 | 1.71 |

### 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 | 431.96 | 223.09 | 185.45 | 113.95 | 127.14 | 177.1 | 139.96 | 120.73 | 85.03 | 87.65 |
| Expenses | 575.02 | 314.15 | 339.47 | 151.4 | 131.01 | 118.62 | 104.29 | 91.27 | 76.3 | 80.8 |
| Operating Profit | -143.06 | -91.06 | -154.02 | -37.45 | -3.87 | 58.48 | 35.67 | 29.46 | 8.73 | 6.85 |
| OPM % | -33.12 | -40.82 | -83.05 | -32.87 | -3.04 | 33.02 | 25.49 | 24.4 | 10.27 | 7.82 |
| Other Income | 44.86 | 120.48 | 9.75 | -14.89 | 13.85 | 50.18 | 17.11 | 18.05 | 4.53 | 6.64 |
| Interest | 48.95 | 60.88 | 37.43 | 38 | 30.62 | 24.75 | 13.86 | 14.06 | 14.82 | 16.55 |
| Depreciation | 4.99 | 3.39 | 3.3 | 2.74 | 2.42 | 2.01 | 2.24 | 2.52 | 2.91 | 3.06 |
| Profit before tax | -152.14 | -34.85 | -185 | -93.08 | -23.06 | 81.9 | 36.68 | 30.93 | -4.47 | -6.12 |
| Tax % | -11.84 | 0.03 | 0.02 | 0.03 | -0.04 | -8.16 | 5.67 | 16.62 | 0 | — |
| Net Profit | -134.11 | -34.86 | -185.03 | -93.11 | -23.04 | 88.58 | 34.6 | 25.79 | -4.47 | -6.1 |
| EPS in Rs | -121.87 | -31.41 | -168.14 | -84.61 | -20.94 | 80.5 | 31.44 | 23.44 | -4.06 | -5.54 |
| 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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | -92.38 | -211.83 | -237.89 | -416.63 | -508.18 | -531.21 | -411.63 | -394.55 | -366.54 | -349.24 |
| Borrowings | 561.05 | 398.52 | 457.2 | 530.68 | 494.46 | 522.79 | 507.42 | 542.01 | 554.22 | 552.26 |
| Other Liabilities | 717.91 | 893.01 | 450.16 | 445.16 | 427.21 | 365.21 | 207.14 | 151.05 | 140.64 | 134.76 |
| Total Liabilities | 1197.58 | 1090.7 | 680.47 | 570.21 | 424.49 | 367.79 | 313.93 | 309.51 | 339.32 | 348.78 |
| Fixed Assets | 209.06 | 193.67 | 112.53 | 22.55 | 19.95 | 18.11 | 17.17 | 19.44 | 20.61 | 25.68 |
| CWIP | 0.75 | 0.78 | 1.48 | 0 | 0 | 0 | 0 | 0 | 0.94 | 2.3 |
| Investments | 17.72 | 18.9 | 27.95 | 0.43 | 0.75 | 0.74 | 61.69 | 65.56 | 19.86 | 226.12 |
| Other Assets | 970.05 | 877.35 | 538.51 | 547.23 | 403.79 | 348.94 | 235.07 | 224.51 | 297.91 | 94.68 |
| Total Assets | 1197.58 | 1090.7 | 680.47 | 570.21 | 424.49 | 367.79 | 313.93 | 309.51 | 339.32 | 348.78 |

### 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 | 110.51 | 55.22 | -106.99 | -55.75 | 20.96 | -37.68 | 83.1 | 33.9 | 93.56 | -0.07 |
| Cash from Investing Activity | 2.06 | 25.19 | 134.12 | 1.47 | 60.51 | 6.33 | -50.12 | 14.8 | -110.85 | -41.34 |
| Cash from Financing Activity | -109.49 | -70.01 | -10.91 | 63.92 | -79.13 | 8.93 | -30.31 | 0.49 | -0.62 | -0.61 |
| Net Cash Flow | 3.07 | 10.4 | 16.21 | 9.65 | 2.35 | -22.42 | 2.66 | 49.2 | -17.91 | -42.03 |
| Free Cash Flow | 112.85 | 52.02 | -109.64 | -56.51 | 20.55 | -37.26 | 81.81 | 28.98 | 89.76 | -8.47 |
| CFO/OP | -336 | -46 | 118 | 33 | -53 | 883 | 122 | 112 | 327 | 11 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 365.87 | 321.27 | 489.64 | 433.12 | 615.9 | 400.2 | 129.8 | 258.34 | 93.12 | 107.44 |
| Inventory Days | 243.4 | 130.41 | 354.96 | 434.34 | 553.66 | 245.46 | 228.81 | 129.5 | — | 657.82 |
| Days Payable | 459.32 | 401.36 | 1051.21 | 1568.55 | 2396.25 | 1473.33 | 1378.16 | 1050.07 | — | 1972.88 |
| Cash Conversion Cycle | 149.95 | 50.32 | -206.61 | -701.09 | -1226.69 | -827.68 | -1019.54 | -662.23 | 93.12 | -1207.61 |
| Working Capital Days | -146.95 | -104.69 | -363.82 | -534.28 | -950.57 | -826.92 | -88.44 | -61.57 | -190.16 | -241.2 |
| ROCE % | -0.37 | -30.34 | -5.21 | -83.07 | -58.48 | — | 188.39 | 37.59 | 21.81 | 9.42 |

## 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 | 34.12% | 34.12% | 34.12% | 34.12% | 34.12% | 34.12% | 34.12% | 34.12% | 34.12% | 34.12% | 34.12% | 34.12% |
| FIIs | 0% | 0% | 0.78% | 0.72% | 0.41% | 0.47% | 0.47% | 0.67% | 0.5% | 0.49% | 0.49% | 0.3% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.03% | 0.02% | 0.02% |
| Government | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 51.37% | 51.63% | 49.16% | 49.31% | 49.29% | 49.73% | 50.21% | 50.05% | 50.7% | 50.11% | 50.85% | 51.11% |
| Others | 14.47% | 14.21% | 15.9% | 15.82% | 16.14% | 15.65% | 15.16% | 15.12% | 14.64% | 15.23% | 14.51% | 14.43% |
| No. of Shareholders | 27476 | 28260 | 28111 | 25413 | 25751 | 26409 | 26544 | 26399 | 26630 | 26398 | 25765 | 25509 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 227.47 | Sell |
| EMA (10) | 227.13 | Sell |
| SMA (20) | 228.87 | Sell |
| EMA (20) | 228.63 | Sell |
| SMA (50) | 232.52 | Sell |
| EMA (50) | 231.98 | Sell |
| SMA (100) | 238.51 | Sell |
| EMA (100) | 239.22 | Sell |
| SMA (200) | 255.56 | Sell |
| EMA (200) | 259.18 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.42 | Neutral |
| MACD (12,26,9) | -1.81 | Sell |
| Stochastic (14,3,3) | 25.46 | Neutral |
| ADX (14) | 12.12 | Neutral |
| Williams %R (14) | -81.17 | Buy |
| ATR (14) | 6.26 | Neutral |
| ROC (12) | -3.43 | Sell |
| Stoch RSI (14) | 15.12 | Buy |
| UO (7,14,28) | 45.36 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5B5C1F2A_6CAD_4AA1_939D_E46978B7A8EE_173945.pdf) |
| 2026-08-06 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c13a29c-1507-4de0-8143-82b1f84639c3.pdf) |
| 2026-08-06 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17395aa1-2e53-4234-a743-ed80c0461aaa.pdf) |
| 2026-07-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8f78905-a97b-4848-84a6-cf93ed479e98.pdf) |
| 2026-07-16 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e46ef6eb-2513-47fc-b227-49ed8735de29.pdf) |
| 2026-07-16 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b4fc4d6a-411a-454e-b9a9-77ea5eaa433a.pdf) |
| 2026-07-15 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0dd33101-2a16-421b-bf4b-a9fff447187e.pdf) |
| 2026-07-15 | [Notice Of 63Rd Annual General Meeting Of TRF Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23497428-08f5-4a3e-9e71-d8d0bdf4f707.pdf) |
| 2026-07-15 | [Physical Letters To Shareholders Of TRF Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecf20dc2-1ee8-46ce-b18b-9638efcc9a66.pdf) |
| 2026-07-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9124f58-5903-47b4-9db4-d7e4ad1d4827.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=667cc673-8376-4db6-8dd8-044153cbbdac.pdf) |
| 2025-07-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e43c658f-652f-4cce-8f58-62943d00222f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-16 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=133b5754-955a-43df-9faa-9e9fc629a7ca.pdf) |
| 2026-05-12 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3f948c4-f2f5-41f9-b324-17ffc594f1b6.pdf) |
| 2026-01-29 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d139ab64-9bd0-40a6-9976-8a409feabd79.pdf) |
| 2025-10-28 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4aa868dc-f20a-4760-80d4-da911abfbce8.pdf) |
| 2025-07-28 | [Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84d82876-227f-4196-abf8-a0cbf615852a.pdf) |
| 2025-05-02 | [Financial Results For The Financial Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20948793-4bef-482d-9a1b-7a2d4fd4d5f4.pdf) |
| 2025-01-30 | [Results - Financial Results For The Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=674e167e-04f8-4be9-8392-3bd5a6870285.pdf) |
| 2024-10-23 | [Results - Financials Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8849dfd0-746e-4385-9c5a-f8e354afcbd3.pdf) |
| 2024-07-24 | [Results-Financial Results For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b27c9aac-b39b-4ae5-a4ce-d2a78f169e52.pdf) |
| 2024-05-15 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d67ffc5-82bd-475f-bff7-dfc7687fcbb3.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Newspaper Advertisement- Disclosure under Regulation 30 of SEBI LODR Regulations, 2015 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9h - Newspaper Advertisement- Disclosure under Regulation 30 of SEBI LODR Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cbb8c06c-c350-4e1a-abf6-bad587620edf.pdf) |
| 8 May - TRF asks physical shareholders to update KYC details with RTA as per SEBI circulars. | [Intimation To The Holders Of Physical Shares To Furnish KYC Details 8 May - TRF asks physical shareholders to update KYC details with RTA as per SEBI circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e24892ac-a751-49e4-89b5-82571fceb4b0.pdf) |
| 7 May - Board meets on May 12, 2026 to approve Q4 and FY26 standalone and consolidated results. | [Board Meeting Intimation for Consideration And Approval Of Financial Results For The Quarter And Year Ended March 31, 2026. 7 May - Board meets on May 12, 2026 to approve Q4 and FY26 standalone and consolidated results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7882abb5-3e5d-417f-b9e7-d6b60fe3f13d.pdf) |
| 30 Mar - Mr. Avishek Ghosh appointed Company Secretary, Compliance Officer and KMP effective April 15, 2026; 12+ years' experience. | [Announcement under Regulation 30 (LODR)-Change in Management 30 Mar - Mr. Avishek Ghosh appointed Company Secretary, Compliance Officer and KMP effective April 15, 2026; 12+ years' experience.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86f55844-11fe-470e-8842-4bf38b45ca34.pdf) |
| 30 Mar - Appointment of Avishek Ghosh as Company Secretary, Compliance Officer and KMP effective April 15, 2026. | [Appointment of Company Secretary and Compliance Officer 30 Mar - Appointment of Avishek Ghosh as Company Secretary, Compliance Officer and KMP effective April 15, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7685c68b-711c-4014-a225-9ec5a1f37096.pdf) |
| 29 Jan - Board approved unaudited results to Dec 31, 2025; standalone profit Rs1,169.20L, consolidated profit Rs574.03L | [Board Meeting Outcome for Outcome Of Board Meeting 29 Jan - Board approved unaudited results to Dec 31, 2025; standalone profit Rs1,169.20L, consolidated profit Rs574.03L](https://www.bseindia.com/xml-data/corpfiling/AttachHis/90fafd02-40cf-46bb-9612-700203da0bfe.pdf) |
| 29 Jan - Board approved Q3/9M unaudited results; ESS cost Rs1,130.95L and capital-reduction credit Rs575.47L. | [Outcome Of Board Meeting 29 Jan - Board approved Q3/9M unaudited results; ESS cost Rs1,130.95L and capital-reduction credit Rs575.47L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d139ab64-9bd0-40a6-9976-8a409feabd79.pdf) |
| 22 Apr - Newspaper Advertisement- Disclosure under Regulation 30 of SEBI LODR Regulations, 2015 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Apr - Newspaper Advertisement- Disclosure under Regulation 30 of SEBI LODR Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cbb8c06c-c350-4e1a-abf6-bad587620edf.pdf) |
| 2 Feb - Newspaper Advertisement-Results for the quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Feb - Newspaper Advertisement-Results for the quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c78c51c-641d-414d-b485-8849df21c0b6.pdf) |
| 14 Apr - Kumar Vivek exits as Head-Manufacturing on April 14, 2026; Ravi Rao Manda appointed effective April 15, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 14 Apr - Kumar Vivek exits as Head-Manufacturing on April 14, 2026; Ravi Rao Manda appointed effective April 15, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9fe8ff91-2e65-4823-bbb7-95b0aca91793.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_472_TRF_2012_2013_12072013113904.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0dd33101-2a16-421b-bf4b-a9fff447187e.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6693d643-1587-4af2-8997-a60ccda71819.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18a6ca48-3ebb-4d23-b56d-035b7e923b01.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/505854/74161505854.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/505854/70133505854.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/505854/65095505854.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/505854/5058540319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/505854/5058540318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/505854/5058540317.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jun 2021 | [Concall - Jun 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9072612-584d-4bdd-8243-b13fa8052460.pdf) |
| Jun 2021 | [Concall - Jun 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9072612-584d-4bdd-8243-b13fa8052460.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e43c658f-652f-4cce-8f58-62943d00222f.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2021-06-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4266dae0-a1fc-4b77-a1a0-6ea57726fa40.pdf) |

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