---
title: "Z F Steering Gear (India) Ltd (505163) — Share Price, Financials & Analysis"
symbol: "505163"
company: "Z F Steering Gear (India) Ltd"
canonical: "https://tapetide.com/stocks/505163"
isin: "INE116C01012"
nse_symbol: "ZFSTEERING"
bse_code: "505163"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 665.16
generated_at: "2026-09-13T18:24:45.101Z"
---

# Z F Steering Gear (India) Ltd (505163)

Canonical page: https://tapetide.com/stocks/505163

## Company

- **NSE Symbol:** ZFSTEERING
- **BSE Code:** 505163
- **ISIN:** INE116C01012
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2026-04-20
- **CEO:** Mr. Dineshchand Hirachand Munot
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** zfindia.com

## About

Incorporated in 1981, ZF Steering Gear  (India) Ltd is in the business of production & assembling of steering systems for vehicles, buses, and tractors[1]

## Latest Price

- **Price:** ₹764.75
- **Change:** +21.35 (+2.87%)
- **Open:** ₹742
- **Day High:** ₹773.7
- **Day Low:** ₹723
- **Previous Close:** ₹743.4
- **Volume:** 18700
- **As Of:** 2026-09-11T10:23:05+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:50.635053Z.

- **Market Cap:** ₹665.16 Cr
- **Classification:** Microcap
- **P/E (reported):** 41.2
- **P/E (TTM):** 18.1
- **EPS (TTM):** ₹42.26
- **Book Value:** ₹530.69
- **Price to Book:** 1.39
- **Dividend Yield:** 1.08%
- **ROE:** 2.51%
- **ROCE:** 7.05%
- **Debt to Equity:** 0.09
- **Revenue (yearly):** ₹580.9 Cr
- **Net Income:** ₹12 Cr
- **EBITDA:** ₹84.8 Cr
- **52-Week High:** ₹894.98
- **52-Week Low:** ₹620.65
- **RSI (14):** 80.68

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 68.94 | 9% |
| growth | 52.11 | 9% |
| momentum | 32.26 | 12% |
| ownership | 50 | 24% |
| quality | 65.59 | 22% |
| valuation | 79.9 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Company's working capital requirements have reduced from 57.6 days to 38.6 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.80% over last 3 years.
- Earnings include an other income of Rs.31.8 Cr.
- Dividend payout has been low at 5.07% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -4.43%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 147.67% | 181.23% | 36.04% |
| ebitda margin growth | 26.58% | 1.67% | -13.72% | -24.01% |
| net income growth | — | -4.76% | 8% | 30% |
| revenue growth | -10.19% | 12.88% | 7% | 23% |
| roce | 97.22% | 16.53% | -33.49% | 8.33% |
| roe | — | -6.69% | 4.91% | -80.81% |

## 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 | 119 | 114 | 124 | 128 | 111 | 117 | 137 | 131 | 116 | 140 | 169 | 138 |
| Expenses | 106 | 103 | 113 | 110 | 99 | 106 | 121 | 114 | 103 | 123 | 152 | 126 |
| Operating Profit | 13 | 10 | 11 | 18 | 12 | 11 | 15 | 17 | 14 | 18 | 17 | 12 |
| OPM % | 11 | 9 | 9 | 14 | 11 | 10 | 11 | 13 | 12 | 13 | 10 | 9 |
| Other Income | 6 | 13 | 11 | 9 | 7 | 3 | 9 | 8 | 1 | 7 | 5 | 19 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 8 | 8 | 9 | 7 | 8 | 8 | 8 | 7 | 7 | 7 | 8 | 6 |
| Profit before tax | 11 | 15 | 12 | 19 | 11 | 5 | 15 | 17 | 7 | 16 | 13 | 24 |
| Tax % | -14 | 18 | 14 | 25 | 46 | 31 | 34 | 28 | 41 | 29 | 67 | 23 |
| Net Profit | 13 | 12 | 11 | 15 | 6 | 4 | 10 | 12 | 4 | 12 | 4 | 19 |
| EPS in Rs | 14.35 | 13.26 | 11.79 | 16 | 6.5 | 4.01 | 10.82 | 13.17 | 4.56 | 12.67 | 4.62 | 20.41 |

### 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 | 436 | 439 | 287 | 201 | 313 | 450 | 478 | 493 | 557 | 564 |
| Expenses | 347 | 364 | 254 | 183 | 272 | 394 | 425 | 436 | 492 | 503 |
| Operating Profit | 88 | 76 | 33 | 18 | 41 | 57 | 53 | 57 | 65 | 60 |
| OPM % | 20 | 17 | 12 | 9 | 13 | 13 | 11 | 11 | 12 | 11 |
| Other Income | 10 | -56 | 4 | 26 | 21 | 13 | 38 | 28 | 20 | 32 |
| Interest | 3 | 2 | 1 | 0 | 0 | 1 | 1 | 3 | 3 | 3 |
| Depreciation | 33 | 31 | 32 | 38 | 31 | 32 | 33 | 31 | 29 | 29 |
| Profit before tax | 61 | -14 | 3 | 7 | 30 | 37 | 56 | 50 | 53 | 60 |
| Tax % | 23 | -90 | 109 | -31 | 39 | 32 | 15 | 33 | 40 | — |
| Net Profit | 47 | -1 | 0 | 9 | 18 | 25 | 48 | 34 | 32 | 38 |
| EPS in Rs | 51.88 | -1.44 | -0.31 | 9.75 | 20.14 | 28.04 | 52.59 | 37.35 | 35.03 | 42.26 |
| Dividend Payout % | 15 | 0 | 0 | 0 | 0 | 18 | 15 | 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 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 329 | 370 | 359 | 358 | 368 | 386 | 411 | 454 | 481 | 513 |
| Borrowings | 62 | 64 | 46 | 3 | 32 | 34 | 41 | 33 | 41 | 45 |
| Other Liabilities | 61 | 68 | 73 | 66 | 57 | 44 | 50 | 49 | 64 | 65 |
| Total Liabilities | 462 | 510 | 487 | 436 | 466 | 473 | 510 | 545 | 594 | 631 |
| Fixed Assets | 121 | 106 | 111 | 199 | 175 | 159 | 145 | 136 | 132 | 119 |
| CWIP | 0 | 1 | 26 | 7 | 2 | 2 | 2 | 4 | 2 | 2 |
| Investments | 190 | 231 | 152 | 107 | 120 | 119 | 155 | 142 | 169 | 148 |
| Other Assets | 151 | 173 | 198 | 124 | 168 | 192 | 208 | 263 | 291 | 363 |
| Total Assets | 462 | 510 | 487 | 436 | 466 | 473 | 510 | 545 | 594 | 631 |

### 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 | 63 | 68 | 73 | 75 | -26 | 15 | 51 | 43 | 59 | 83 |
| Cash from Investing Activity | -47 | -55 | -43 | -29 | 1 | -16 | -62 | -17 | -68 | -80 |
| Cash from Financing Activity | -16 | -10 | -28 | -44 | 26 | -3 | 10 | -13 | -3 | 1 |
| Net Cash Flow | 0 | 2 | 2 | 2 | 1 | -4 | -2 | 13 | -12 | 3 |
| Free Cash Flow | 20 | 46 | 11 | 5 | -36 | -18 | 32 | 21 | 37 | 67 |
| CFO/OP | 96 | 94 | 113 | 238 | -142 | 49 | 101 | 100 | 117 | 143 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 70 | 77 | 64 | 62 | 142 | 105 | 87 | 75 | 83 | 63 |
| Inventory Days | 60 | 58 | 54 | 49 | 116 | 111 | 73 | 78 | 72 | 59 |
| Days Payable | 69 | 74 | 51 | 71 | 94 | 53 | 44 | 37 | 50 | 46 |
| Cash Conversion Cycle | 61 | 61 | 67 | 41 | 164 | 163 | 115 | 115 | 105 | 76 |
| Working Capital Days | 25 | 28 | 29 | 31 | 77 | 104 | 70 | 74 | 60 | 39 |
| ROCE % | 18 | 15 | 13 | 1 | 2 | 7 | 9 | 11 | 10 | 10 |

## 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 | 67.18% | 67.18% | 67.17% | 67.17% | 67.17% | 67.01% | 67% | 66.93% | 66.93% | 62.79% | 62.75% | 62.75% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.01% | 0.01% | 0.12% | 0.01% | 0.03% | 0.04% | 0.03% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.17% | 24.17% | 23.94% | 23.91% | 23.42% | 23.33% | 23.5% | 23.72% | 23.77% | 27.79% | 27.79% | 27.72% |
| Others | 8.65% | 8.64% | 8.77% | 8.92% | 9.39% | 9.63% | 9.47% | 9.34% | 9.29% | 9.41% | 9.45% | 9.51% |
| No. of Shareholders | 9554 | 9511 | 9816 | 9766 | 9921 | 9860 | 9811 | 9667 | 9629 | 9654 | 9663 | 9819 |

## 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 / 4 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 686.15 | Buy |
| EMA (10) | 698.7 | Buy |
| SMA (20) | 679.27 | Buy |
| EMA (20) | 685.67 | Buy |
| SMA (50) | 674.48 | Buy |
| EMA (50) | 682.16 | Buy |
| SMA (100) | 699.32 | Buy |
| EMA (100) | 699.07 | Buy |
| SMA (200) | 729.71 | Buy |
| EMA (200) | 757.48 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 83.85 | Sell |
| MACD (12,26,9) | 11.79 | Buy |
| Stochastic (14,3,3) | 76.36 | Neutral |
| ADX (14) | 27.85 | Buy |
| Williams %R (14) | -21.16 | Neutral |
| ATR (14) | 27.2 | High Volatility |
| ROC (12) | 14.21 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 53.94 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Commencement Of Commercial Production By The Electrical Division Of Drivesys Systems Private Limited A Wholly Owned Subsidiary Of The Company - Update On Subsidiary.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2cd202c-f41e-43a8-8a72-4d8a3ff21673.pdf) |
| 2026-09-04 | [Significant Developments In Ongoing Litigation - Order Passed By The HonBle Delhi Income Tax Tribunal Allowing Deduction Under Sections 80-IA And 80-IB Of The Income-Tax Act 1961](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0433389-75f2-43d2-ac23-df3ed0c1bc7a.pdf) |
| 2026-09-03 | [Acquisition Of Additional Land Adjacent To The Existing Project Site Of Drivesys Systems Private Limited A Wholly Owned Subsidiary Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2ccc579-1fe6-4bf7-aaae-6ec25da41e80.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17b099af-09df-4976-b99b-3c5f94b28131.pdf) |
| 2026-08-04 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5876d768-15e4-4098-b320-cf339f15cc0e.pdf) |
| 2026-07-28 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=485c487d-c5ef-4ea0-bee1-235384e6ad24.pdf) |
| 2026-07-28 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26134e90-be1e-482e-b930-84bb24420efb.pdf) |
| 2026-07-27 | [Disclosure Under Regulation 30(2) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 (The Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c6c76a8-21ca-437b-a764-d74eeb6ec9b3.pdf) |
| 2026-07-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04bccb71-eee6-4ebb-b1b6-f9672821066e.pdf) |
| 2026-07-24 | [Board Meeting Outcome for Board Meeting Outcome For Board Meeting Held On July 24 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e54398c-1a89-4cea-9adc-bb4091368e50.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-24 | [Unaudited Results - Standalone And Consolidated Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89f9c021-a1ce-4fd9-988a-63225018344c.pdf) |
| 2026-05-12 | [Audited Financial Results For FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=075bb532-0dc4-446c-b345-4263f822e680.pdf) |
| 2026-01-31 | [Results - Financial Results For The Quarter And Nine-Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42451372-409d-427f-8a2d-3ceba52fdae0.pdf) |
| 2025-11-06 | [Results - Financial Results For The Quarter/ Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=344aae4e-18d3-4fde-98a0-5ee38c82c449.pdf) |
| 2024-11-11 | [Outcome Of The Board Meeting Held Today I.E. November 11, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=607cf1d3-0bf4-405d-a176-ff81b07daa81.pdf) |
| 2024-08-06 | [Intimation For Outcome Of The Board Meeting Under Regulation 30 And 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=38f43331-b3bc-46d9-be92-b9452313b973.pdf) |
| 2024-05-25 | [Outcome Of The Meeting Of The Board Of Directors Of The Company Held On May 25, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b8f6361-7e32-4bfd-b8aa-09e8bc0ae668.pdf) |
| 2023-07-22 | [Board Meeting Outcome for Outcome Of The Board Meeting Under Regulation 30 And 33 Of The SEBI (Listing Obligations And<BR> Disclosure Requirements) Regulations, 2015 (The Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a525d1d-76ec-4357-87c0-4babc63e98ea.pdf) |
| 2023-01-14 | [Board Meeting Outcome for Intimation For Outcome Of The Board Meeting Under Regulation 30 And 33 Of The SEBI (Listing<BR> Obligations And Disclosure Requirements) Regulations, 2015 (The Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2318aed7-7905-4a00-bfcd-bab34ffdda46.pdf) |
| 2022-10-21 | [Sub: Disclosure Of Related Party Transactions Under Reg. 23(9) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (The Listing Regulations)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e3197d0-f79e-4c19-98d2-32e6b69a96ce.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 May - Board meeting on May 12, 2026 to approve FY26 audited standalone and consolidated results. | [Board Meeting Intimation for Compliance Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 (The Listing Regulations). 6 May - Board meeting on May 12, 2026 to approve FY26 audited standalone and consolidated results.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/09167da5-cb6c-440b-a47a-63ab49520112.pdf) |
| 6 Apr - ICRA assigned BBB+/A2 stable ratings to DriveSys’s ₹138 crore facilities. | [Announcement under Regulation 30 (LODR)-Credit Rating 6 Apr - ICRA assigned BBB+/A2 stable ratings to DriveSys’s ₹138 crore facilities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9eeee06c-364c-44b1-9cb2-a8ac9bec0ece.pdf) |
| 6 Apr - Certificate under Regulation 74(5) of the SEBI(Depositories and Participants) Regulations, 2018. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Certificate under Regulation 74(5) of the SEBI(Depositories and Participants) Regulations, 2018.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c0cc00f-c8ea-4df9-aebd-a6d7ce8e9ada.pdf) |
| 5 Feb - Rs.185.09 Crore KAVACH 4.0 order from Indian Railways via Progota, 12-month execution. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 5 Feb - Rs.185.09 Crore KAVACH 4.0 order from Indian Railways via Progota, 12-month execution.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/582dae81-1c55-42c1-a6f5-1cbd3da51868.pdf) |
| 5 Feb - Concord wins ₹185.09 crore KAVACH 4.0 supply/installation order, execution over 12 months via associate. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 Feb - Concord wins ₹185.09 crore KAVACH 4.0 supply/installation order, execution over 12 months via associate.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9b0f53a-9e92-4e56-ba9f-b0bb51758191.pdf) |
| 31 Jan - ZF Steering Gear approved unaudited standalone and consolidated Q3/9M results for Dec 31, 2025; limited review dated Jan 31, 2026. | [Results - Financial Results For The Quarter And Nine-Months Ended December 31, 2025 31 Jan - ZF Steering Gear approved unaudited standalone and consolidated Q3/9M results for Dec 31, 2025; limited review dated Jan 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/42451372-409d-427f-8a2d-3ceba52fdae0.pdf) |
| 31 Jan - Approved unaudited standalone and consolidated results for quarter and nine months ended Dec 31, 2025; limited review attached. | [Board Meeting Outcome for Board Meeting Held On January 31, 2026 31 Jan - Approved unaudited standalone and consolidated results for quarter and nine months ended Dec 31, 2025; limited review attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ba18899-5117-43c7-8f44-369ddd05a304.pdf) |
| 30 Mar - CIT(A) disallowed Sections 80-IA/80-IB deductions for AY1995–96 to AY2004–05; company already paid tax; will appeal. | [- Significant Developments In Ongoing Litigation, - Outcome Of Appellate Proceedings For AY 1995-96 To AY 2004-05 30 Mar - CIT(A) disallowed Sections 80-IA/80-IB deductions for AY1995–96 to AY2004–05; company already paid tax; will appeal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89579dce-4748-437f-92b3-775899a737bb.pdf) |
| 30 Jan - Virtual one-on-one meeting with HSBC Securities on 31 Jan 2026 at 11:00 AM. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 30 Jan - Virtual one-on-one meeting with HSBC Securities on 31 Jan 2026 at 11:00 AM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/04b28fa2-4b3b-4a54-9d08-78e37aca547d.pdf) |
| 28 Feb - Progota wins Rs.53.73 crore KAVACH 4.0 order from Indian Railways; 12-month execution. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 28 Feb - Progota wins Rs.53.73 crore KAVACH 4.0 order from Indian Railways; 12-month execution.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ec256d7-870e-4505-a1b7-455879428d5b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50cbc246-f919-40c3-803a-d9c68ee0ed21.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f82ecf3c-6aab-41b8-9ecc-a81b7549fbe8.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1a79280d-40c8-4b9e-a07e-32fe7b6aa7a3.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a722765-d413-47a6-899b-a2ae5358d771.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc7dce0c-dd6b-4fb9-a324-d20e3a61462f.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18861899-b043-4dd6-b249-56ad70a2b3aa.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2820e50a-86fc-4076-8e90-aef3fd359051.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/505163/74227505163.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/505163/69203505163.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/505163/5051630320.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49c12fd3-ad94-4d60-b8c9-03da798854b9.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0468aa0e-32bd-406b-af8e-d5cc9a32db99.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/772e67ef-9414-4300-87e5-bbdd907d1600.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fb194c2-5673-476c-b917-dfa3a550714c.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab7265b3-6585-4a21-84d1-540dfb353266.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9370bf93-97c3-4376-82f9-5e3b513a77d7.pdf) |
| Apr 2023 | [Concall - Apr 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f662282a-8f99-4a81-be0e-53ddcb686555.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2023-04-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f662282a-8f99-4a81-be0e-53ddcb686555.pdf) |

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