---
title: "Veljan Denison Ltd (505232) — Share Price, Financials & Analysis"
symbol: "505232"
company: "Veljan Denison Ltd"
canonical: "https://tapetide.com/stocks/505232"
isin: "INE232E01013"
nse_symbol: "VELJAN"
bse_code: "505232"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 855
generated_at: "2026-09-13T18:25:44.267Z"
---

# Veljan Denison Ltd (505232)

Canonical page: https://tapetide.com/stocks/505232

## Company

- **NSE Symbol:** VELJAN
- **BSE Code:** 505232
- **ISIN:** INE232E01013
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2026-04-20
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** veljan.in

## About

Incorporated in 1973, Veljan Denison Ltd manufactures Hydraulic Pumps, Motors, Valves and Custom Built Power Packs[1]

## Latest Price

- **Price:** ₹1890
- **Change:** -29.4 (-1.53%)
- **Open:** ₹1935
- **Day High:** ₹1935
- **Day Low:** ₹1875
- **Previous Close:** ₹1919.4
- **Volume:** 693
- **As Of:** 2026-09-11T09:53:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:46:31.635950Z.

- **Market Cap:** ₹855 Cr
- **Classification:** Microcap
- **P/E (reported):** 33.2
- **P/E (TTM):** 33.6
- **EPS (TTM):** ₹56.25
- **Book Value:** ₹557.57
- **Price to Book:** 3.46
- **Dividend Yield:** 0.44%
- **ROE:** 10.3%
- **ROCE:** 14.05%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹167.2 Cr
- **Net Income:** ₹25.8 Cr
- **EBITDA:** ₹42.7 Cr
- **52-Week High:** ₹1980
- **52-Week Low:** ₹812
- **RSI (14):** 66.71

## Tapetide Score

- **Score:** 55 / 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:** 70.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 91.29 | 9% |
| growth | 26.66 | 9% |
| momentum | 98.26 | 12% |
| ownership | 50 | 24% |
| quality | 68.18 | 22% |
| valuation | 49.08 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 26.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.0%

### Weaknesses

- Stock is trading at 3.54 times its book value
- Company has a low return on equity of 10.8% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 63.07% | 106.13% | -44.79% |
| ebitda margin growth | 9.82% | 2.04% | -0.78% | — |
| net income growth | 13.24% | 8.86% | 20% | 26% |
| revenue growth | -4.7% | 5.42% | 10% | 15% |
| roce | 11.3% | -2.9% | -3.64% | — |
| roe | 13.11% | -2% | 10.53% | — |

## 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 | 31.05 | 31.51 | 33.43 | 33.67 | 33.96 | 36.42 | 37.54 | 38.53 | 35.72 | 32.91 | 40.83 | 39.07 |
| Expenses | 24.23 | 23.69 | 25.45 | 26.26 | 25.74 | 27.31 | 28.85 | 28.19 | 25.96 | 25.29 | 31.28 | 28.46 |
| Operating Profit | 6.82 | 7.82 | 7.98 | 7.41 | 8.22 | 9.11 | 8.69 | 10.34 | 9.76 | 7.62 | 9.55 | 10.61 |
| OPM % | 21.96 | 24.82 | 23.87 | 22.01 | 24.2 | 25.01 | 23.15 | 26.84 | 27.32 | 23.15 | 23.39 | 27.16 |
| Other Income | 0.63 | 0.78 | 0.72 | 0.64 | 0.63 | 0.63 | 0.88 | 0.67 | 0.71 | 0.73 | 0.94 | 1.07 |
| Interest | 0.48 | 0.18 | 0.15 | 0.08 | 0.1 | 0.13 | 0.13 | 0.06 | 0.09 | 0.14 | 0.09 | 0.09 |
| Depreciation | 1.13 | 1.26 | 1.24 | 1.22 | 1.25 | 1.28 | 1.29 | 1.32 | 1.37 | 1.37 | 1.37 | 1.42 |
| Profit before tax | 5.84 | 7.16 | 7.31 | 6.75 | 7.5 | 8.33 | 8.15 | 9.63 | 9.01 | 6.84 | 9.03 | 10.17 |
| Tax % | 26.03 | 25.84 | 24.21 | 25.93 | 25.87 | 26.65 | 28.96 | 26.17 | 26.3 | 32.16 | 27.13 | 26.65 |
| Net Profit | 4.32 | 5.31 | 5.55 | 5.01 | 5.56 | 6.11 | 5.79 | 7.11 | 6.64 | 4.64 | 6.57 | 7.46 |
| EPS in Rs | 9.6 | 11.8 | 12.33 | 11.13 | 12.36 | 13.58 | 12.87 | 15.8 | 14.76 | 10.31 | 14.6 | 16.58 |

### 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 | 96 | 88 | 83 | 74 | 98 | 111 | 124 | 142 | 148 | 149 |
| Expenses | 68 | 61 | 61 | 60 | 72 | 87 | 94 | 108 | 111 | 111 |
| Operating Profit | 28 | 26 | 22 | 13 | 26 | 23 | 30 | 33 | 37 | 38 |
| OPM % | 29 | 30 | 26 | 18 | 26 | 21 | 24 | 24 | 25 | 25 |
| Other Income | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 | 3 | 3 |
| Interest | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 0 |
| Depreciation | 3 | 3 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
| Profit before tax | 25 | 23 | 18 | 9 | 23 | 20 | 27 | 31 | 35 | 35 |
| Tax % | 34 | 28 | 26 | 24 | 27 | 26 | 25 | 27 | 28 | — |
| Net Profit | 16 | 16 | 13 | 7 | 17 | 15 | 20 | 22 | 25 | 25 |
| EPS in Rs | 36.18 | 36.29 | 29.87 | 15.24 | 37.51 | 32.4 | 45.27 | 49.96 | 55.47 | 56.25 |
| Dividend Payout % | 14 | 14 | 17 | 33 | 17 | 20 | 19 | 17 | 15 | — |

### 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 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 4 |
| Reserves | 113 | 126 | 140 | 148 | 155 | 169 | 181 | 198 | 215 | 236 |
| Borrowings | 34 | 22 | 19 | 6 | 10 | 7 | 9 | 7 | 8 | 1 |
| Other Liabilities | 12 | 15 | 23 | 22 | 21 | 24 | 26 | 24 | 29 | 26 |
| Total Liabilities | 161 | 165 | 184 | 178 | 188 | 202 | 219 | 231 | 257 | 268 |
| Fixed Assets | 24 | 26 | 43 | 56 | 62 | 58 | 59 | 78 | 82 | 82 |
| CWIP | 3 | 3 | 6 | 7 | 3 | 7 | 15 | 3 | 2 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 14 | 14 | 14 | 14 |
| Other Assets | 134 | 135 | 136 | 115 | 123 | 137 | 131 | 137 | 159 | 169 |
| Total Assets | 161 | 165 | 184 | 178 | 188 | 202 | 219 | 231 | 257 | 268 |

### 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 | 18 | 17 | 29 | 18 | 26 | 13 | 16 | 11 | 16 | 28 |
| Cash from Investing Activity | -1 | -6 | -25 | -10 | -6 | -15 | -16 | -6 | -7 | -12 |
| Cash from Financing Activity | 6 | -15 | -7 | -18 | 3 | -5 | 0 | -5 | -4 | -11 |
| Net Cash Flow | 23 | -4 | -2 | -11 | 23 | -8 | 0 | 0 | 6 | 5 |
| Free Cash Flow | 17 | 10 | 3 | 7 | 18 | 4 | 4 | 2 | 8 | 23 |
| CFO/OP | 110 | 90 | 146 | 112 | 191 | 75 | 90 | 56 | 73 | 99 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 274 | 246 | 216 | 161 | 142 | 123 | 93 | 84 | 84 | 83 |
| Inventory Days | 298 | 181 | 354 | 536 | 489 | 491 | 465 | 492 | 496 | 434 |
| Days Payable | 30 | 21 | 136 | 146 | 125 | 118 | 89 | 73 | 86 | 60 |
| Cash Conversion Cycle | 542 | 407 | 434 | 551 | 506 | 496 | 468 | 503 | 495 | 458 |
| Working Capital Days | 250 | 256 | 261 | 296 | 242 | 237 | 197 | 206 | 205 | 217 |
| ROCE % | 15 | 17 | 15 | 12 | 7 | 14 | 11 | 14 | 14 | 15 |

## 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 | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 13.32% | 13.3% | 13.32% | 13.32% | 13.32% | 12.62% | 12.63% | 12.57% | 12.1% | 12.11% | 12.04% | 12.07% |
| Others | 11.7% | 11.72% | 11.7% | 11.69% | 11.7% | 12.39% | 12.38% | 12.44% | 12.92% | 12.9% | 12.97% | 12.95% |
| No. of Shareholders | 2994 | 3018 | 3553 | 4151 | 4210 | 4843 | 4772 | 4758 | 4822 | 4700 | 4549 | 4383 |

## 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 / 6 / 0

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1862.03 | Buy |
| EMA (10) | 1868.95 | Buy |
| SMA (20) | 1830.44 | Buy |
| EMA (20) | 1834.32 | Buy |
| SMA (50) | 1767.98 | Buy |
| EMA (50) | 1719.94 | Buy |
| SMA (100) | 1462.13 | Buy |
| EMA (100) | 1547.44 | Buy |
| SMA (200) | 1271.18 | Buy |
| EMA (200) | 1378.76 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 61.47 | Neutral |
| MACD (12,26,9) | 47.08 | Buy |
| Stochastic (14,3,3) | 77.48 | Neutral |
| ADX (14) | 42.65 | Buy |
| Williams %R (14) | -27.54 | Neutral |
| ATR (14) | 71.59 | High Volatility |
| ROC (12) | 5.88 | Buy |
| Stoch RSI (14) | 58.27 | Neutral |
| UO (7,14,28) | 59.9 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47e308c2-3fa2-4495-b683-445dab154d9e.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Resignation of Chairman](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8cb7155-552d-42f9-9b26-fbf17910d4e3.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Resignation of Chairman](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da8489a1-dfc0-4245-9e09-886ad058f615.pdf) |
| 2026-08-29 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9df6c310-1832-4fe1-8087-9830f9e5cb7f.pdf) |
| 2026-08-29 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f660a56a-c031-4856-a0cc-e0bbe3b6f4c5.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c5fd254-9996-42fb-8987-aaeff5649901.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d3586c0-e85b-453c-a785-a76ed05bba4d.pdf) |
| 2026-08-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42dff0f3-83db-4c15-92d9-9f54105680a5.pdf) |
| 2026-08-07 | [52Nd Annual General Meeting -29Th August 2029 At 11.00 AM At A1819APIE Balanagar Hyderabad-500037 Telangana- As Attached](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15ef9cc1-25f9-410d-9480-f7dd9850b7fc.pdf) |
| 2026-08-03 | [Board Meeting Outcome for Outcome Of The Board Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc9830f6-64f2-48ed-abf3-7df8ce8cea65.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-03 | [Unaudited Financial Results ( Standalone And Consolidated) For The Quarter Ended 30.06.2026 Along With Limited Review Report Issued By Statutory Auditors Of The Company.- As Attached](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ef9dad9-0559-45db-a953-3f92c94a9fa7.pdf) |
| 2026-05-30 | [Veljan Denison Limited- Outcome Of The Board Meeting Held On 30.05.2026 Interalia To Consider And Approve The Audited Financials Results Of The Company For The Year Ended 31.03.2026-As Attached](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c7b53da-b34f-4255-a8e0-6e0cef5baaa7.pdf) |
| 2025-11-07 | [Results- Unaudited Financials Results Both Standalone & Consolidated For The Quarter And Half Year Ended 30.09.2025 Along With Limited Review Report By Statutory Auditors-As Attached](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=793819cd-dd84-4199-92b6-47ce7215f7f7.pdf) |
| 2025-05-30 | [Results Declared On 30/05/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ded2ac0-31c5-475e-8956-0319fd4bcc44.pdf) |
| 2025-02-13 | [Veljan Denison Limited- Outcome On Un-Audited Financial Results (Standalone And Consolidated) For The Third Quarter Ended December 31 2024 Along With Limited Review Reports Submitted By Statutory Aud](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f97a25a-50c9-48db-a9ba-b9b56cd30155.pdf) |
| 2024-11-14 | [Financial Results For The Quarter And Half Year Ended 30092024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=70adcebc-94a0-40fc-aefb-c21df2209352.pdf) |
| 2024-08-14 | [Results For The Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96de4a76-2974-4f7f-b529-b9066c0d4848.pdf) |
| 2024-05-23 | [For The Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3d183d43-af4a-4912-967e-494be0c8a17c.pdf) |
| 2024-02-08 | [Un-Audited Financial Results For The 3Rd Quarter And Nine Months Ended December 31, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f49909df-e798-4757-8b1d-62925df20c17.pdf) |
| 2023-11-09 | [Financial Results For The Quarter And Half Year Ended 30092023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82dc1f9f-cb79-4cf8-aab8-60493820934c.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for quarter ended 31st December 2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jan - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for quarter ended 31st December 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a5cb2ab-7358-4506-8d42-9cbe18b6dceb.pdf) |
| 7 Nov 2025 - Mr G Narayan Rao ceased as Independent Director after completing five-year term effective 07.11.2025; committee memberships ceased. | [Veljan Denison Limited-Intimation Of Tenure Of First Term Completion Of The Independent Director Mr. G Narayan Rao ( DIN: 00012920)Under Reg 30 Of SEBI (LODR) Regulations 2015- As Attached 7 Nov 2025 - Mr G Narayan Rao ceased as Independent Director after completing five-year term effective 07.11.2025; committee memberships ceased.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34a922dc-dc37-42b9-8777-73e93f3bf05f.pdf) |
| 7 Jan - Veljan Denison Limited- Submission of Certificate under Reg 74(5) of SEBI (DP)Regulations 2018 for the quarter ending 31.12.2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan - Veljan Denison Limited- Submission of Certificate under Reg 74(5) of SEBI (DP)Regulations 2018 for the quarter ending 31.12.2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cd6b18c7-a28f-4748-a77c-89f87baf6073.pdf) |
| 7 Apr - VDL-Submission of Compliance u/r 74(5) of SEBI (DP) Regulations for the quarter ended 31.03.2026.-as attached | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - VDL-Submission of Compliance u/r 74(5) of SEBI (DP) Regulations for the quarter ended 31.03.2026.-as attached](https://www.bseindia.com/xml-data/corpfiling/AttachHis/419bd3c0-fa1e-48df-b1f6-cd1348a7e349.pdf) |
| 5 Feb - Board meeting Feb 11, 2026 to consider unaudited Q3 results (ended Dec 31, 2025). | [Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For Nine Quarter Ended 31.12.2025 5 Feb - Board meeting Feb 11, 2026 to consider unaudited Q3 results (ended Dec 31, 2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e094ff33-7d6b-4901-933c-e975e95685d2.pdf) |
| 31 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year/Q4 ending 31 March 2026. | [Closure of Trading Window 31 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year/Q4 ending 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0baa1d1-a0b0-4fa3-8da7-d2eab59b9834.pdf) |
| 30 Dec 2025 - Trading window closed from 1 Jan 2026 until 48 hours after Q4 2025 unaudited results. | [Closure of Trading Window 30 Dec 2025 - Trading window closed from 1 Jan 2026 until 48 hours after Q4 2025 unaudited results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9061954-60d3-4907-8dd8-4045d1a82982.pdf) |
| 27 Apr - Veljan Denison confirms it is not a Large Corporate for FY ended 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 27 Apr - Veljan Denison confirms it is not a Large Corporate for FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c93fa5e9-d20b-4b69-86c4-3ae97c5eb986.pdf) |
| 17 Feb - Board appointed HCO & CO. as internal auditor for FY2025-26 on 17 Feb 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 17 Feb - Board appointed HCO & CO. as internal auditor for FY2025-26 on 17 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d36a2d6e-daaf-428d-b804-6b741270a271.pdf) |
| 17 Feb - Board appointed HCO & CO. as internal auditor for FY 2025-26 on 17 Feb 2026. | [Board Meeting Outcome for For Appointment Of Internal Auditor Of Company 17 Feb - Board appointed HCO & CO. as internal auditor for FY 2025-26 on 17 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8d2dadd7-56d3-4222-979e-0e52517bef08.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/42dff0f3-83db-4c15-92d9-9f54105680a5.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb2d1fe7-a768-41ec-8a4d-888d3b724e2c.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3e3c1bb-6287-44e8-b644-30a39821e87b.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12e56a1b-25b9-4cc4-bbf8-84c4394e76aa.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5e71f53-8700-461b-9cde-bb4795bf02ac.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ee20b94-e4bb-4aab-9360-f500324dea2e.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/32e19198-487a-4bdc-b88c-792a96109196.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/505232/76939505232.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/505232/72320505232.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/505232/68147505232.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 2026-09-13T18:25:44.267Z.
