---
title: "The Ravalgaon Sugar Farm Ltd (507300) — Share Price, Financials & Analysis"
symbol: "507300"
company: "The Ravalgaon Sugar Farm Ltd"
canonical: "https://tapetide.com/stocks/507300"
isin: "INE615A01025"
nse_symbol: "RAVALGAONSUGARFARMLTD"
bse_code: "507300"
sector: "Consumer Goods"
industry: "Sugar"
market_cap_cr: 32
generated_at: "2026-09-13T18:41:17.810Z"
---

# The Ravalgaon Sugar Farm Ltd (507300)

Canonical page: https://tapetide.com/stocks/507300

## Company

- **NSE Symbol:** RAVALGAONSUGARFARMLTD
- **BSE Code:** 507300
- **ISIN:** INE615A01025
- **Sector:** Consumer Goods
- **Industry:** Sugar
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **CEO:** Mr. Harshavardhan Bharat Doshi
- **Employees:** 18
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ravalgaonindia.com

## About

Incorporated in 1003, The Ravalgaon 
Sugar Farm Ltd is in the business 
of manufacturing of Confectionery 
products[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:44:56.932059Z.

- **Market Cap:** ₹32 Cr
- **Classification:** Microcap
- **P/E (reported):** -6.4
- **EPS (TTM):** ₹-146.77
- **EPS (reported):** ₹0
- **Book Value:** ₹299.37
- **Price to Book:** 3.14
- **Dividend Yield:** 0%
- **ROE:** -47.8%
- **ROCE:** -22.85%
- **Debt to Equity:** 0.25
- **Revenue (yearly):** ₹0.6 Cr
- **Net Income:** ₹-4.9 Cr
- **EBITDA:** ₹-2.1 Cr
- **52-Week High:** ₹1144
- **52-Week Low:** ₹812.05
- **RSI (14):** 47.56

## Tapetide Score

- **Score:** 34 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 4.9 (of 4473 scored stocks)
- **Confidence:** 91%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 44.45 | 9% |
| growth | 1.1 | 9% |
| momentum | 63.65 | 12% |
| ownership | 50 | 24% |
| quality | 13.12 | 22% |
| valuation | 30.92 | 24% |

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

## Key Insights

### Weaknesses

- Stock is trading at 3.14 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -30.3% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 49.69% | 57.66% | 42.12% |
| ebitda margin growth | 50% | 623.14% | — | 846.2% |
| net income growth | 82.86% | 145% | -11% | -25% |
| revenue growth | -100% | -75% | -58.99% | -39.66% |
| roce | — | 90.1% | -116.86% | 115.85% |
| roe | — | 255.92% | 13.31% | -221.07% |

## 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 | 2.32 | 2.33 | 2.09 | 1.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 2.74 | 2.76 | 3.37 | 1.64 | 0.66 | 0.53 | 0.71 | 0.43 | 0.55 | 0.5 | 1.19 | 0.49 |
| Operating Profit | -0.42 | -0.43 | -1.28 | -0.48 | -0.66 | -0.53 | -0.71 | -0.43 | -0.55 | -0.5 | -1.19 | -0.49 |
| OPM % | -18.1 | -18.45 | -61.24 | -41.38 | — | — | — | — | — | — | — | — |
| Other Income | 0.01 | -0.06 | 26.17 | 0.02 | -0.38 | 0.42 | 0.75 | 0 | 0 | 0.42 | 0.19 | 0 |
| Interest | 0.41 | 0.43 | 0.43 | 0.01 | 0.04 | 0.09 | 0.07 | 0.01 | 0.03 | 0.05 | 0.06 | 0.08 |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Profit before tax | -0.88 | -0.98 | 24.4 | -0.53 | -1.15 | -0.27 | -0.1 | -0.51 | -0.65 | -0.2 | -1.13 | -0.64 |
| Tax % | 0 | 0 | 17.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 211.5 | 0 |
| Net Profit | -0.88 | -0.98 | 20.15 | -0.53 | -1.14 | -0.27 | -0.09 | -0.51 | -0.65 | -0.2 | -3.51 | -0.63 |
| EPS in Rs | -29.33 | -28.82 | 592.65 | -15.59 | -33.53 | -7.94 | -2.65 | -15 | -19.12 | -5.88 | -103.24 | -18.53 |

### 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 | 10.85 | 11.27 | 10.3 | 5.64 | 7.45 | 9.67 | 8.58 | 1.16 | 0 | 0 |
| Expenses | 13.34 | 16.64 | 14.08 | 8.94 | 10.14 | 12.06 | 11.34 | 3.55 | 2.67 | 2.73 |
| Operating Profit | -2.49 | -5.37 | -3.78 | -3.3 | -2.69 | -2.39 | -2.76 | -2.39 | -2.67 | -2.73 |
| OPM % | -22.95 | -47.65 | -36.7 | -58.51 | -36.11 | -24.72 | -32.17 | -206.03 | — | — |
| Other Income | 2.67 | 24.71 | 0.31 | 0.07 | 6.38 | 1.43 | 26.19 | 0.83 | 0.61 | 0.61 |
| Interest | 2.66 | 1.83 | 0.91 | 1.31 | 1.41 | 1.37 | 1.63 | 0.21 | 0.15 | 0.22 |
| Depreciation | 1.72 | 0.97 | 0.2 | 0.21 | 0.23 | 0.23 | 0.24 | 0.26 | 0.26 | 0.28 |
| Profit before tax | -4.2 | 16.54 | -4.58 | -4.75 | 2.05 | -2.56 | 21.56 | -2.03 | -2.47 | -2.62 |
| Tax % | -11.43 | -20.44 | -0.22 | -38.53 | 5.37 | 0 | 19.71 | 0 | 96.76 | — |
| Net Profit | -3.72 | 19.93 | -4.57 | -2.92 | 1.95 | -2.56 | 17.31 | -2.03 | -4.87 | -4.99 |
| EPS in Rs | -124 | 664.33 | -152.33 | -97.33 | 65 | -85.33 | 509.12 | -59.71 | -143.24 | -146.77 |
| 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 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 |
| Reserves | -6.18 | -9.79 | 10.14 | 5.57 | 2.65 | 4.6 | -0.63 | 16.77 | 14.75 | 9.84 |
| Borrowings | 23.05 | 26.52 | 4.26 | 9.24 | 12.05 | 11.11 | 12 | 2.11 | 0 | 2.52 |
| Other Liabilities | 9.84 | 8.54 | 6.47 | 5.8 | 6.57 | 5.27 | 9.38 | 9.32 | 3.74 | 1.83 |
| Total Liabilities | 27.05 | 25.61 | 21.21 | 20.95 | 21.61 | 21.32 | 21.09 | 28.54 | 18.83 | 14.53 |
| Fixed Assets | 18.81 | 16.98 | 11.28 | 11.08 | 11.27 | 10.98 | 10.81 | 10.76 | 11.91 | 11.65 |
| CWIP | 0.32 | 0.32 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.27 | 0.27 | 0.3 | 0.27 | 0.27 | 0.27 | 0.19 | 0.19 | 0.19 | 0.19 |
| Other Assets | 7.65 | 8.04 | 9.63 | 9.6 | 10.07 | 10.07 | 10.09 | 17.59 | 6.73 | 2.69 |
| Total Assets | 27.05 | 25.61 | 21.21 | 20.95 | 21.61 | 21.32 | 21.09 | 28.54 | 18.83 | 14.53 |

### 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 | 0.16 | -3.68 | -6.09 | -4.87 | -1.16 | -4.25 | -0.82 | -5.81 | -4.89 | -2.46 |
| Cash from Investing Activity | 0.11 | 2.46 | 29.68 | 0.05 | -0.39 | 6.59 | 1.29 | 25.91 | -1.15 | 0.02 |
| Cash from Financing Activity | -0.41 | 1.15 | -23.64 | 4.78 | 1.55 | -2.34 | -0.49 | -11.51 | -2.32 | 2.37 |
| Net Cash Flow | -0.14 | -0.07 | -0.05 | -0.03 | 0 | 0 | -0.02 | 8.59 | -8.36 | -0.08 |
| Free Cash Flow | 0.26 | -1.22 | -6.23 | -4.87 | -1.56 | 2.33 | -0.7 | 20.1 | -6.3 | -2.46 |
| CFO/OP | -4 | 148 | 60 | 133 | 34 | 154 | 34 | 57 | 205 | 92 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 3.11 | 3.03 | 1.62 | 3.9 | 1.29 | 2.45 | 5.28 | 2.98 | 3.15 | — |
| Inventory Days | 201.05 | 410.63 | 194.12 | 237.14 | 218.28 | 209.46 | 165.06 | 96.46 | 52.64 | — |
| Days Payable | 101.21 | 155.29 | 93.61 | 168 | 326.83 | 119.25 | 99.97 | 69.52 | 10.53 | — |
| Cash Conversion Cycle | 102.95 | 258.37 | 102.14 | 73.03 | -107.25 | 92.66 | 70.38 | 29.92 | 45.26 | — |
| Working Capital Days | -584.17 | -820.16 | -199.83 | -372.44 | -893.73 | -565.38 | -623.18 | -326.71 | -783.49 | — |
| ROCE % | -26.93 | -22.58 | -38.73 | -22.08 | -21.73 | -18.66 | -17.51 | -18.49 | -9.73 | -16.7 |

## 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 | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% | 53.3% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.06% | 0.05% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 37.38% | 37.14% | 37.45% | 37.64% | 37.7% | 37.72% | 37.12% | 36.79% | 36.77% | 36.79% | 36.77% | 36.76% |
| Others | 9.26% | 9.5% | 9.19% | 9% | 8.93% | 8.92% | 9.52% | 9.85% | 9.87% | 9.85% | 9.87% | 9.88% |
| No. of Shareholders | 3086 | 3054 | 3127 | 3101 | 3263 | 3290 | 3283 | 3290 | 3298 | 3258 | 3211 | 3167 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 941.28 | Sell |
| EMA (10) | 940.8 | Sell |
| SMA (20) | 946.39 | Sell |
| EMA (20) | 946.65 | Sell |
| SMA (50) | 960.48 | Sell |
| EMA (50) | 954.8 | Sell |
| SMA (100) | 963.2 | Sell |
| EMA (100) | 956.88 | Sell |
| SMA (200) | 950.88 | Sell |
| EMA (200) | 970.06 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.57 | Neutral |
| MACD (12,26,9) | -7.34 | Sell |
| Stochastic (14,3,3) | 37.52 | Neutral |
| ADX (14) | 9.54 | Neutral |
| Williams %R (14) | -58.75 | Neutral |
| ATR (14) | 30.82 | High Volatility |
| ROC (12) | -0.13 | Sell |
| Stoch RSI (14) | 57.65 | Neutral |
| UO (7,14,28) | 49.97 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=673e420e-6044-47b4-ab11-02ed6c5ca638.pdf) |
| 2026-08-25 | [Notice Of 91St Annual General Meeting Of The Ravalgaon Sugar Farm Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f381962a-2493-4bc0-8fbd-b0e1bab51485.pdf) |
| 2026-08-25 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d92f4c72-1226-4fb2-97d2-e2c5b0e0bb98.pdf) |
| 2026-08-25 | [Intimation Regarding Communication Sent To Shareholders Whose E-Mail Addresses Are Not Registered With The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6295eb4b-4646-4d07-8d0e-a8c74ff5bba8.pdf) |
| 2026-08-21 | [Announcement Under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3f23a8b-b93c-47e9-8cf0-ba7887320535.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8729ecc-07c1-4ff5-bf6c-dcb7680d9825.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f1a5dea-63db-46bd-8afa-651de72abba5.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Held On August 11 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd17eb77-5b4f-41c0-bce5-271d39424100.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=177e8b23-d1b5-4423-a4b2-e6beff415296.pdf) |
| 2026-08-05 | [Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results Of The Company For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c288922e-913f-42e2-9c23-f0c2a6d94c8f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Results - Financial Results For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c6f4121-e5af-4f62-9bcb-8f96d46fc124.pdf) |
| 2026-05-22 | [Results-Financial Results For The Quarter And Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91d0d615-7241-4a67-846a-800aa73489c0.pdf) |
| 2026-02-11 | [Results-Financial Results For Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06a61a99-953c-4f00-92b8-eaf9b0adba81.pdf) |
| 2025-11-13 | [Financial Results For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53e17099-4555-4e79-9342-2b4ec5ed01c8.pdf) |
| 2025-08-13 | [Results - Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e2b5daf-3ea6-4649-a1c1-6c38caf488d1.pdf) |
| 2025-05-29 | [Results-Financial Results For The Quarter And Financial Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0bf13397-3c2e-42a2-855a-d238d96f52bd.pdf) |
| 2025-02-12 | [Results-Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ea58981-71cc-40d7-b007-9f9ed67cce77.pdf) |
| 2024-11-14 | [Results-Financial Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c53e7037-dac2-4d43-bf2b-158745775eea.pdf) |
| 2024-08-13 | [Results-Financial Results For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e769f09b-099e-4440-aa0d-3c1063a4348c.pdf) |
| 2024-05-30 | [Results-Financial Results For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e0318e11-820d-4de7-add2-d7be3df0d2fb.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; 25 shares dematerialised. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; 25 shares dematerialised.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ebbeda29-23f8-4365-8890-72f614da494a.pdf) |
| 28 Jan - Closing Bengaluru/Guwahati branches Jan 31; Mumbai branch opens Feb 4; 50-seat IPO-funded centre; tie-up with Vishvakarma Skill University. | [Closure Of The Branch Office Operations Of The Company And Transition To Franchise Model For Improving Business Efficiency And Optimising Operational Costs 28 Jan - Closing Bengaluru/Guwahati branches Jan 31; Mumbai branch opens Feb 4; 50-seat IPO-funded centre; tie-up with Vishvakarma Skill University.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8abfcc40-34e1-4634-8ced-aa06edfea8a2.pdf) |
| 28 Jan - Closed Bengaluru/Guwahati branches effective Jan 31; Mumbai branch opens Feb 4; 50-seat IPO-funded centre; university tie-up. | [Board Meeting Outcome for Outcome Of Board Meeting 28 Jan - Closed Bengaluru/Guwahati branches effective Jan 31; Mumbai branch opens Feb 4; 50-seat IPO-funded centre; university tie-up.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1446139d-46b5-44b6-ad02-17eaeddecda7.pdf) |
| 28 Jan - Close Bengaluru/Guwahati branches Jan 31; Mumbai branch opens Feb 4; IPO-funded 50-seat centre and university tie-up. | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Opening Of Branch Office 28 Jan - Close Bengaluru/Guwahati branches Jan 31; Mumbai branch opens Feb 4; IPO-funded 50-seat centre and university tie-up.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/465c448c-2f5b-4b37-b43b-87971f4876df.pdf) |
| 28 Jan - Close Bengaluru/Guwahati (effective Jan 31, 2026); open Mumbai branch Feb 4; IPO centre; Vishvakarma tie-up. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 28 Jan - Close Bengaluru/Guwahati (effective Jan 31, 2026); open Mumbai branch Feb 4; IPO centre; Vishvakarma tie-up.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/13d2efe9-3261-43f7-8911-181ede350253.pdf) |
| 13 Jan - Certificate under Regulation 74(5) of the SEBI ( Depositories and Participants) Regulations, 2018 for the quarter ended December 31st ,2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - Certificate under Regulation 74(5) of the SEBI ( Depositories and Participants) Regulations, 2018 for the quarter ended December 31st ,2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/730c6fdd-2477-4d28-a3d5-ff52318dd2ae.pdf) |
| 12 Feb - Newspaper publication regarding opening of special window for transfer and dematerialisation of physical securities. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb - Newspaper publication regarding opening of special window for transfer and dematerialisation of physical securities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/355e22b0-75a2-42a6-8a36-e4a284ac5ef5.pdf) |
| 12 Feb - Copy of newspaper publication of unaudited financial results for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb - Copy of newspaper publication of unaudited financial results for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/682c3f63-1ebe-47ba-a1bc-a52def3d9e2b.pdf) |
| 11 Feb - Unaudited results for quarter and nine months ended 31-Dec-2025: quarter loss Rs19.52L, nine-month loss Rs135.07L; auditor reappointed. | [Board Meeting Outcome for Consideration And Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2025. 11 Feb - Unaudited results for quarter and nine months ended 31-Dec-2025: quarter loss Rs19.52L, nine-month loss Rs135.07L; auditor reappointed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/30c58205-3b7e-45b6-9993-1e9ccf7df4f2.pdf) |
| 11 Feb - Unaudited Q3/9M results to Dec 31, 2025: 9M loss ₹135.07 lakh; tax demand ₹231.91 lakh; gratuity deposit ₹63.14 lakh. | [Announcement under Regulation 30 (LODR)-Change in Management 11 Feb - Unaudited Q3/9M results to Dec 31, 2025: 9M loss ₹135.07 lakh; tax demand ₹231.91 lakh; gratuity deposit ₹63.14 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83edd9d6-476f-4d0c-a8fa-ab3999aa2021.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09d3f5e9-6ca6-41b0-9a27-df1124488776.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10147f41-aabd-4e73-8c67-60454afc69b6.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5f94be7-814e-4061-97b8-c3738ae18882.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68245975-b366-43e6-a1f7-39dab3ea1da1.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/75240507300.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/71924507300.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/67711507300.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/5073000319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/5073000318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/507300/5073000317.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 2026-09-13T18:41:17.810Z.