---
title: "Apis India Ltd (506166) — Share Price, Financials & Analysis"
symbol: "506166"
company: "Apis India Ltd"
canonical: "https://tapetide.com/stocks/506166"
isin: "INE070K01014"
nse_symbol: "APISINDIALTD"
bse_code: "506166"
sector: "Food Products"
industry: "Food Products"
market_cap_cr: 726.32
generated_at: "2026-09-13T18:34:53.562Z"
---

# Apis India Ltd (506166)

Canonical page: https://tapetide.com/stocks/506166

## Company

- **NSE Symbol:** APISINDIALTD
- **BSE Code:** 506166
- **ISIN:** INE070K01014
- **Sector:** Food Products
- **Industry:** Food Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** apisindia.com

## About

Incorporated in 1983, APIS India Ltd is in the honey processing business and manufacturing of other edible products[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:48:53.853382Z.

- **Market Cap:** ₹726.32 Cr
- **Classification:** Microcap
- **P/E (reported):** 27.9
- **EPS (TTM):** ₹1.72
- **EPS (reported):** ₹59.1
- **Book Value:** ₹14.43
- **Price to Book:** 3.55
- **Dividend Yield:** 0%
- **ROE:** 12.15%
- **ROCE:** 18.45%
- **Debt to Equity:** 0.34
- **Revenue (yearly):** ₹390.51 Cr
- **Net Income:** ₹22.44 Cr
- **EBITDA:** ₹35.79 Cr
- **52-Week High:** ₹110.42
- **52-Week Low:** ₹21.13
- **RSI (14):** 43.03

## Tapetide Score

- **Score:** 42 / 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: Falling
- **Percentile:** 19.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 66.79 | 9% |
| growth | 58.35 | 9% |
| momentum | 22.46 | 12% |
| ownership | 50 | 24% |
| quality | 46.35 | 22% |
| valuation | 23.55 | 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
- The company has delivered a poor sales growth of 7.47% over past five years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 276.51% | -66.65% | 223.37% |
| ebitda margin growth | 9.35% | -15.13% | -19.23% | 38.5% |
| net income growth | 164.1% | 6.86% | 12% | 32% |
| revenue growth | -7.36% | 10.88% | 6% | 7% |
| roce | 9.14% | -12.31% | 12.71% | 16.93% |
| roe | 166.75% | -16.95% | 11.05% | 108.4% |

## Financial Statements

### Quarterly Results

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

| Item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 79 | 79 | 79 | 79 | 87 | 80 | 93 | 90 | 87 | 96 | 110 | 98 |
| Expenses | 71 | 72 | 66 | 73 | 80 | 72 | 84 | 79 | 80 | 85 | 99 | 90 |
| Operating Profit | 8 | 7 | 13 | 6 | 7 | 9 | 9 | 11 | 7 | 11 | 10 | 8 |
| OPM % | 11 | 9 | 16 | 7 | 8 | 11 | 9 | 12 | 8 | 11 | 9 | 8 |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 4 |
| Interest | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 6 | 6 | 12 | 4 | 6 | 7 | 7 | 9 | 6 | 9 | 8 | 9 |
| Tax % | 29 | 30 | 0 | 55 | 29 | 24 | 28 | 26 | 30 | 25 | 29 | 20 |
| Net Profit | 9 | 5 | 16 | 3 | 5 | 7 | 5 | 8 | 3 | 7 | 4 | 10 |
| EPS in Rs | 0.65 | 0.37 | 1.13 | 0.22 | 0.38 | 0.49 | 0.38 | 0.59 | 0.18 | 0.51 | 0.28 | 0.75 |

### 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 182 | 224 | 209 | 272 | 295 | 332 | 316 | 350 | 391 |
| Expenses | 163 | 206 | 198 | 257 | 276 | 310 | 282 | 315 | 355 |
| Operating Profit | 20 | 18 | 11 | 15 | 19 | 22 | 34 | 36 | 36 |
| OPM % | 11 | 8 | 5 | 6 | 6 | 7 | 11 | 10 | 9 |
| Other Income | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 6 |
| Interest | 2 | 3 | 5 | 5 | 7 | 8 | 6 | 5 | 4 |
| Depreciation | 2 | 3 | 3 | 2 | 3 | 3 | 2 | 4 | 5 |
| Profit before tax | 16 | 12 | 4 | 8 | 9 | 13 | 27 | 29 | 32 |
| Tax % | 31 | 26 | 43 | 38 | 38 | 43 | 20 | 26 | 25 |
| Net Profit | 12 | 11 | 3 | 6 | 8 | 18 | 33 | 25 | 25 |
| EPS in Rs | 0.87 | 0.77 | 0.24 | 0.46 | 0.58 | 1.32 | 2.36 | 1.84 | 1.84 |
| 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 138 |
| Reserves | 60 | 70 | 74 | 79 | 92 | 110 | 142 | 168 | 61 |
| Borrowings | 55 | 66 | 65 | 85 | 104 | 75 | 60 | 66 | 67 |
| Other Liabilities | 34 | 42 | 54 | 61 | 56 | 62 | 56 | 48 | 43 |
| Total Liabilities | 154 | 184 | 198 | 231 | 257 | 253 | 265 | 288 | 308 |
| Fixed Assets | 14 | 14 | 14 | 14 | 14 | 12 | 13 | 15 | 21 |
| CWIP | 1 | 2 | 3 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 2 | 10 | 12 | 14 | 25 | 36 | 40 | 41 |
| Other Assets | 138 | 165 | 171 | 203 | 229 | 215 | 215 | 233 | 246 |
| Total Assets | 154 | 184 | 198 | 231 | 257 | 253 | 265 | 288 | 308 |

### Cash Flow

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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 12 | 5 | 16 | -5 | 12 | 18 | -3 | 6 | 14 |
| Cash from Investing Activity | -8 | -7 | -9 | 2 | -4 | -9 | 8 | 0 | -6 |
| Cash from Financing Activity | -1 | -7 | -5 | 2 | -6 | -10 | -6 | -6 | -8 |
| Net Cash Flow | 4 | -8 | 1 | -1 | 2 | -1 | -1 | 0 | 0 |
| Free Cash Flow | 5 | 3 | 13 | -4 | 10 | 16 | -7 | 3 | 8 |
| CFO/OP | 61 | 44 | 149 | -13 | 80 | 104 | 5 | 42 | 68 |

### Ratios

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 75 | 77 | 80 | 79 | 105 | 86 | 98 | 120 | 122 |
| Inventory Days | 178 | 232 | 312 | 236 | 213 | 153 | 178 | 131 | 126 |
| Days Payable | 86 | 107 | 133 | 87 | 81 | 73 | 73 | 55 | 41 |
| Cash Conversion Cycle | 167 | 201 | 259 | 227 | 238 | 166 | 203 | 196 | 207 |
| Working Capital Days | 77 | 83 | 81 | 84 | 83 | 74 | 114 | 126 | 130 |
| ROCE % | — | 12 | 6 | 8 | 9 | 10 | 16 | 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 | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% | 74.72% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 9.8% | 9.8% | 9.8% | 9.8% | 9.8% | 9.8% | 9.8% | 9.8% | 9.11% | 9.12% | 10.27% | 10.33% |
| Others | 15.47% | 15.47% | 15.47% | 15.47% | 15.47% | 15.47% | 15.47% | 15.47% | 16.17% | 16.16% | 15.01% | 14.95% |
| No. of Shareholders | 18 | 19 | 21 | 21 | 23 | 23 | 23 | 25 | 30 | 275 | 6997 | 6612 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 4 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 52.7 | Sell |
| EMA (10) | 52.61 | Sell |
| SMA (20) | 53.62 | Sell |
| EMA (20) | 53.49 | Sell |
| SMA (50) | 54.93 | Sell |
| EMA (50) | 55.26 | Sell |
| SMA (100) | 58.12 | Sell |
| EMA (100) | 56.41 | Sell |
| SMA (200) | 61 | Sell |
| EMA (200) | 48.83 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 36.17 | Neutral |
| MACD (12,26,9) | -1.07 | Sell |
| Stochastic (14,3,3) | 8.86 | Buy |
| ADX (14) | 17.35 | Neutral |
| Williams %R (14) | -92.67 | Buy |
| ATR (14) | 2.69 | High Volatility |
| ROC (12) | -6.91 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 37.08 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 May - Manisha Anand resigned as CFO and KMP, effective close of business May 5, 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 6 May - Manisha Anand resigned as CFO and KMP, effective close of business May 5, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/dd280c38-d0ad-45ab-ac19-e4dab01d85d9.pdf) |
| 6 Feb - Board meeting rescheduled to Feb 13, 2026 to approve unaudited Q3 and 9M results; trading window remains closed. | [Update on board meeting 6 Feb - Board meeting rescheduled to Feb 13, 2026 to approve unaudited Q3 and 9M results; trading window remains closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a04ef0a0-3cd7-4e03-9e03-958d6f168e2d.pdf) |
| 4 Feb - Board meeting Feb 14, 2026 to approve Q3/9M results ended Dec 31, 2025; trading window closed from Jan 1. | [Board Meeting Intimation for Financial Results 4 Feb - Board meeting Feb 14, 2026 to approve Q3/9M results ended Dec 31, 2025; trading window closed from Jan 1.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a916d7b3-3de8-4ed7-b2c7-36e2de37a9a9.pdf) |
| 31m - Apis India launches Masala Dates (Achari, Imli, Chilli-Lime) on 09.03.2026; PAN-India rollout. | [Intimation Of Product Launch 31m - Apis India launches Masala Dates (Achari, Imli, Chilli-Lime) on 09.03.2026; PAN-India rollout.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e543e038-b74a-40bd-b64b-a7d9a1cac973.pdf) |
| 27 Dec 2025 - Allotment of 65,000 convertible warrants at Rs1,536 each (Rs9.98Cr) on 27-Dec-2025; Rs2.496Cr received. | [Announcement under Regulation 30 (LODR)-Allotment 27 Dec 2025 - Allotment of 65,000 convertible warrants at Rs1,536 each (Rs9.98Cr) on 27-Dec-2025; Rs2.496Cr received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0076b71b-74f9-4b1e-b4cf-2e5763bdd7ec.pdf) |
| 27 Dec 2025 - 65,000 warrants at Rs.1,536 each (Rs.9.984 crore); Rs.2.496 crore received; Rashmi Chamaria, Priya Bhutra | [Board Meeting Outcome for ALLOTMENT OF CONVERTIBLE WARRANTS 27 Dec 2025 - 65,000 warrants at Rs.1,536 each (Rs.9.984 crore); Rs.2.496 crore received; Rashmi Chamaria, Priya Bhutra](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6498c3d7-f4c9-4392-8795-22d634d1167d.pdf) |
| 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year ended 31 March 2026. | [Closure of Trading Window 25 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49e4c636-7642-479a-aba7-a9127dc4cebc.pdf) |
| 24 Dec 2025 - Corrects Annexure typo; preferential allotment 260,425 equity shares at Rs.1536 to 27 investors. | [Rectification Of Inadvertent Error In Annexure I Submitted On 23.12.2025 24 Dec 2025 - Corrects Annexure typo; preferential allotment 260,425 equity shares at Rs.1536 to 27 investors.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1b44894-1765-4706-b91b-8bc182aa1727.pdf) |
| 23 Dec 2025 - Allotment of 260,425 shares at Rs 1,536 each (Rs 400,012,800) to 27 investors on preferential basis. | [Board Meeting Outcome for ALLOTMENT OF EQUITY SHARES 23 Dec 2025 - Allotment of 260,425 shares at Rs 1,536 each (Rs 400,012,800) to 27 investors on preferential basis.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71c86658-c145-437f-9858-69b7d2b1e44f.pdf) |
| 1h - Apis India adds ~84 MT/month Masala Dates capacity; INR 1.50 Crore investment, funded internally; capacity already added. | [Intimation Of Capacity Addition 1h - Apis India adds ~84 MT/month Masala Dates capacity; INR 1.50 Crore investment, funded internally; capacity already added.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/40610afd-38cb-465b-bd02-a80d92541afa.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09d2b9f3-8072-4c09-b59f-c4ea5cef6225.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e104d781-bd0d-4300-89a6-d7585015838c.pdf) |
| 2026-09-05 | [Notice Of 44Th Annual General Meeting To Be Held On Wednesday September 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a69068b-710d-48db-8c57-d345be95b648.pdf) |
| 2026-09-05 | [Intimation Under Regulation 30 Of The SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=069cfdee-f2a4-45a7-a9c6-3a0fa79b4cb6.pdf) |
| 2026-08-29 | [Intimation Of 44TH Annual General Meeting Book Closure AND Cut-Off Date For E-Voting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e91d1869-8d32-47ec-bd81-aeb4a2ab51b8.pdf) |
| 2026-08-29 | [Book Closure Date - 24/09/2026 To 30/09/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f74bd64-2285-4fed-9507-622728355ca3.pdf) |
| 2026-08-25 | [Revised Disclosure Of Inter-Se Transfer Of Shares Among The Promoter And Promoter Group Pursuant To Regulation 29(1) & (2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b71ac1f-4ff8-46aa-bc74-5c41b52b019d.pdf) |
| 2026-08-25 | [Revised Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=819FC158_9A0F_43B0_A9FE_DF53317AAFFE_173738.pdf) |
| 2026-08-24 | [Revised Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6C7E8776_19FF_4A9E_9E2A_24489630622C_100959.pdf) |
| 2026-08-22 | [Revised Disclosure Of Inter-Se Transfer Of Shares Among The Promoter And Promoter Group Pursuant To Regulation 29(1) & (2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a61c7036-e2eb-41ec-aec5-a248de1038a9.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Audited Financial Results For Financial Year Ended 31/03/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=510d75bf-2d23-4318-902b-355162800999.pdf) |
| 2026-02-13 | [Results-Financial Results For The Quarter Ended December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b382e24a-2f20-4a38-bfae-1edc10eb2629.pdf) |
| 2025-11-14 | [Results-Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eaeb4a37-0eae-40de-993c-30f94909d0ad.pdf) |
| 2025-08-14 | [Results-Financial Results (Standalone And Consolidated) For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5570800-af19-4a74-a2c2-53ce2602b361.pdf) |
| 2025-05-30 | [Results For The Financial Year Ended 31St March2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac0793f5-c98f-4d5d-b377-4c0e62035b39.pdf) |
| 2025-02-14 | [Results-Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8a3daccc-2bfe-4781-a33d-063ac626dfe7.pdf) |
| 2024-11-14 | [Results-Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7765246b-59db-4f46-89d6-de183c3b4737.pdf) |
| 2024-09-20 | [Results-Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54b1da22-2882-4d73-984d-5efd1f2c3d9b.pdf) |
| 2024-06-24 | [Results For The Financial Year Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09a8c503-786e-4bf4-b8c4-8bbadf4b0fa2.pdf) |
| 2024-03-16 | [Results- Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended December 31, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc6fa908-3575-48f8-be8a-6d9315b3b79f.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/03259024-fade-44f4-9f6b-be6d26ee7cb6.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/12094765-5824-40b4-ba5c-d81303b536a4.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/754c6f9c-13a9-4f43-9d71-27363447fc92.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98740317-3dda-46fe-a6c5-f81e60219c64.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea86ca17-7556-44c2-9d5a-cc3b4ec724c6.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/506166/75963506166_21_09_22.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/506166/71366506166.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/506166/65836506166.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/506166/5061660319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/506166/5061660318.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 2026-09-13T18:34:53.562Z.