---
title: "Ras Resorts & Apart Hotels Ltd (507966) — Share Price, Financials & Analysis"
symbol: "507966"
company: "Ras Resorts & Apart Hotels Ltd"
canonical: "https://tapetide.com/stocks/507966"
isin: "INE651D01016"
nse_symbol: "RASRESORTSAPARTHOTELSLTD"
bse_code: "507966"
sector: "Leisure Services"
industry: "Hotels & Resorts"
market_cap_cr: 23.61
generated_at: "2026-09-13T19:31:34.684Z"
---

# Ras Resorts & Apart Hotels Ltd (507966)

Canonical page: https://tapetide.com/stocks/507966

## Company

- **NSE Symbol:** RASRESORTSAPARTHOTELSLTD
- **BSE Code:** 507966
- **ISIN:** INE651D01016
- **Sector:** Leisure Services
- **Industry:** Hotels & Resorts
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** rasresorts.com

## About

Incorporated in 1985, Ras Resorts & Apart Hotels Ltd is in the business of Hotelling & Real Estate[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:42:25.157414Z.

- **Market Cap:** ₹23.61 Cr
- **Classification:** Microcap
- **P/E (reported):** 38.7
- **EPS (TTM):** ₹1.44
- **EPS (reported):** ₹1.38
- **Book Value:** ₹21.29
- **Price to Book:** 2.56
- **Dividend Yield:** 0%
- **ROE:** 2.65%
- **ROCE:** 4.25%
- **Debt to Equity:** 0.1
- **Revenue (yearly):** ₹13.1 Cr
- **Net Income:** ₹0.5 Cr
- **EBITDA:** ₹1.6 Cr
- **52-Week High:** ₹64.9
- **52-Week Low:** ₹33.34
- **RSI (14):** 47.15

## Tapetide Score

- **Score:** 54 / 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:** 65.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 51.87 | 9% |
| growth | 53.99 | 9% |
| momentum | 95.27 | 12% |
| ownership | 50 | 24% |
| quality | 60.09 | 22% |
| valuation | 32.72 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 1.15 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.73% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 8.59% | -6.08% | 157.41% |
| ebitda margin growth | 33.33% | 3.94% | 11.26% | -10.63% |
| net income growth | 100% | 66.67% | 278% | 27% |
| revenue growth | -7.69% | -0.76% | 0% | 24% |
| roce | — | 6.52% | 25.37% | 3.29% |
| roe | — | 54.97% | 1.77% | 235.44% |

## 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 | 2.93 | 3.32 | 3.92 | 3.32 | 2.73 | 3.73 | 3.44 | 2.95 | 2.46 | 3.78 | 3.95 | 3.64 |
| Expenses | 2.6 | 3.15 | 3.29 | 2.81 | 2.46 | 3.3 | 3.16 | 2.56 | 2.21 | 3.19 | 3.62 | 3.21 |
| Operating Profit | 0.33 | 0.17 | 0.63 | 0.51 | 0.27 | 0.43 | 0.28 | 0.39 | 0.25 | 0.59 | 0.33 | 0.43 |
| OPM % | 11.26 | 5.12 | 16.07 | 15.36 | 9.89 | 11.53 | 8.14 | 13.22 | 10.16 | 15.61 | 8.35 | 11.81 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.16 | 0.16 | 0.1 | 0.13 | 0.13 | 0.12 | 0.11 | 0.09 | 0.08 | 0.07 | 0.09 | 0.06 |
| Depreciation | 0.12 | 0.12 | 0.19 | 0.14 | 0.14 | 0.14 | 0.13 | 0.14 | 0.12 | 0.12 | 0.12 | 0.16 |
| Profit before tax | 0.05 | -0.11 | 0.34 | 0.24 | 0 | 0.17 | 0.04 | 0.16 | 0.05 | 0.4 | 0.12 | 0.21 |
| Tax % | 40 | 209.09 | -47.06 | -45.83 | — | 29.41 | 50 | 25 | 0 | 25 | 50 | 28.57 |
| Net Profit | 0.03 | -0.34 | 0.51 | 0.36 | -0.17 | 0.13 | 0.01 | 0.12 | 0.05 | 0.3 | 0.06 | 0.16 |
| EPS in Rs | 0.08 | -0.86 | 1.28 | 0.91 | -0.43 | 0.33 | 0.03 | 0.3 | 0.13 | 0.76 | 0.15 | 0.4 |

### 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 | 7.62 | 9.17 | 8.9 | 4.48 | 7.84 | 12.87 | 13.12 | 12.97 | 13 | 13.83 |
| Expenses | 6.83 | 7.64 | 8.18 | 3.99 | 6.93 | 11.87 | 11.87 | 11.69 | 11.57 | 12.23 |
| Operating Profit | 0.79 | 1.53 | 0.72 | 0.49 | 0.91 | 1 | 1.25 | 1.28 | 1.43 | 1.6 |
| OPM % | 10.37 | 16.68 | 8.09 | 10.94 | 11.61 | 7.77 | 9.53 | 9.87 | 11 | 11.57 |
| Other Income | 0.16 | 0.1 | 0.44 | 0.06 | 0.19 | 0.32 | 0.18 | 0.25 | 0.15 | 0 |
| Interest | 0.27 | 0.54 | 0.58 | 0.55 | 0.49 | 0.7 | 0.59 | 0.52 | 0.35 | 0.3 |
| Depreciation | 0.31 | 0.45 | 0.54 | 0.52 | 0.47 | 0.48 | 0.55 | 0.54 | 0.51 | 0.52 |
| Profit before tax | 0.37 | 0.64 | 0.04 | -0.52 | 0.14 | 0.14 | 0.29 | 0.47 | 0.72 | 0.78 |
| Tax % | 10.81 | 32.81 | -150 | -23.08 | -21.43 | 100 | 37.93 | 27.66 | 27.78 | — |
| Net Profit | 0.32 | 0.44 | 0.09 | -0.39 | 0.17 | -0.01 | 0.18 | 0.33 | 0.52 | 0.57 |
| EPS in Rs | 0.81 | 1.11 | 0.23 | -0.98 | 0.43 | -0.03 | 0.45 | 0.83 | 1.31 | 1.44 |
| 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 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 | 3.97 |
| Reserves | 16.52 | 16.73 | 17.24 | 17.37 | 16.98 | 17.14 | 18.32 | 15.56 | 15.19 | 15.78 |
| Borrowings | 5.4 | 6.4 | 5.69 | 5.11 | 5.02 | 5.96 | 5.04 | 4.52 | 4.1 | 1.98 |
| Other Liabilities | 6.94 | 6.59 | 7.21 | 6.92 | 6.7 | 6.81 | 7.93 | 7.31 | 6.68 | 6.42 |
| Total Liabilities | 32.83 | 33.69 | 34.11 | 33.37 | 32.67 | 33.88 | 35.26 | 31.36 | 29.94 | 28.15 |
| Fixed Assets | 26.4 | 26.35 | 31.66 | 31.22 | 30.74 | 30.91 | 32.33 | 27.97 | 26.15 | 25.57 |
| CWIP | 3.59 | 5.02 | 0.1 | 0.11 | 0.13 | 0.13 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.84 | 2.32 | 2.35 | 2.04 | 1.8 | 2.84 | 2.93 | 3.39 | 3.79 | 2.58 |
| Total Assets | 32.83 | 33.69 | 34.11 | 33.37 | 32.67 | 33.88 | 35.26 | 31.36 | 29.94 | 28.15 |

### 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 | 1.31 | 1.02 | 2.05 | 1.02 | 0.66 | 0.54 | 2.08 | 1.48 | 1.28 | 1.39 |
| Cash from Investing Activity | -1.61 | -1.75 | -0.89 | 0.08 | -0.12 | -0.71 | -0.61 | -0.18 | 0.11 | -0.03 |
| Cash from Financing Activity | 0.28 | 0.72 | -1.25 | -1.16 | -0.65 | 0.52 | -1.7 | -0.79 | -0.52 | -2.33 |
| Net Cash Flow | -0.02 | -0.01 | -0.09 | -0.06 | -0.11 | 0.35 | -0.23 | 0.51 | 0.87 | -0.96 |
| Free Cash Flow | -0.32 | -0.73 | 1.15 | 1.09 | 0.53 | -0.14 | 1.39 | 1.3 | 1.26 | 1.36 |
| CFO/OP | 113 | 165 | 135 | 160 | 139 | 56 | 215 | 132 | 88 | 108 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 18.19 | 17.24 | 17.12 | 12.3 | 12.22 | 28.4 | 34.32 | 31.44 | 27.02 | 26.95 |
| Inventory Days | 68.05 | 74.66 | 62.39 | 55.09 | 142.44 | 0 | 0 | — | — | — |
| Days Payable | 281.48 | 385.74 | 333.8 | 433.87 | 1041.59 | — | — | — | — | — |
| Cash Conversion Cycle | -195.25 | -293.84 | -254.29 | -366.47 | -886.93 | 28.4 | 34.32 | 31.44 | 27.02 | 26.95 |
| Working Capital Days | -177.21 | -274.95 | -231.26 | -231.3 | -374.78 | -208.11 | -85.93 | -103.21 | -116.79 | -46.89 |
| ROCE % | 4.03 | 2.42 | 4.33 | 1.05 | 0.11 | 2.3 | 3.05 | 3.43 | 4.19 | 4.76 |

## 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 | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% | 74.34% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.01% | 0.01% | 0.01% | 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 | 20.33% | 20.34% | 20.32% | 20.44% | 20.44% | 19.93% | 19.89% | 20.31% | 20.52% | 20.51% | 20.52% | 20.5% |
| Others | 5.33% | 5.32% | 5.34% | 5.22% | 5.22% | 5.73% | 5.77% | 5.35% | 5.13% | 5.15% | 5.14% | 5.16% |
| No. of Shareholders | 1186 | 1218 | 1308 | 1392 | 1391 | 1447 | 1484 | 1542 | 1607 | 1622 | 1601 | 1572 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 55.88 | Buy |
| EMA (10) | 55.85 | Buy |
| SMA (20) | 55.34 | Buy |
| EMA (20) | 55.61 | Buy |
| SMA (50) | 55.64 | Buy |
| EMA (50) | 54.92 | Buy |
| SMA (100) | 53.19 | Buy |
| EMA (100) | 52.55 | Buy |
| SMA (200) | 46.46 | Buy |
| EMA (200) | 49.26 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 53.08 | Neutral |
| MACD (12,26,9) | 0.26 | Buy |
| Stochastic (14,3,3) | 61.59 | Neutral |
| ADX (14) | 10.17 | Neutral |
| Williams %R (14) | -30.05 | Neutral |
| ATR (14) | 3.69 | High Volatility |
| ROC (12) | 4.57 | Buy |
| Stoch RSI (14) | 56.9 | Neutral |
| UO (7,14,28) | 41.22 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d2abdb0-00c0-46b2-82af-5219dc3e6ef6.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c1d9c0e6-c967-4afc-887e-38cd5c176344.pdf) |
| 2026-08-31 | [Pursuant To Regulation 36(1)(B) Of SEBI LODR Regulations 2015 The Company Has Sent Letter Providing Web Link Of Integrated Annual Report 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3cac9dc8-7e65-41d0-a770-8f5d222036ca.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d286c8d-c304-487d-9f6f-63f88e55ddf2.pdf) |
| 2026-08-21 | [42Nd Annual General Meeting Of Ras Resort And Apart Hotels Limited To Be Held On 26Th September 2026 Through VC/OAVM.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf92388b-12a2-4a1d-8515-c788f8a116d6.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98441192-5cb6-4192-b051-8e8adbcdf214.pdf) |
| 2026-08-08 | [Board Meeting Outcome for Outcome Of Meeting Of Board Of Directors Of Ras Resorts And Apart Hotels Limited Held On 08Th August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3caa709-51b5-4255-9d38-5baadff57919.pdf) |
| 2026-08-05 | [Announcement Under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15771c0c-1d0e-4ca0-9d7c-1dab22383db8.pdf) |
| 2026-08-04 | [Intimation Under Regulation 30 Regarding KYC Letter Dispatched To The Shareholders Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af2279f4-7943-4c8f-8dde-1a9148c42790.pdf) |
| 2026-07-23 | [Board Meeting Intimation for Consider And Approve The Unaudited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=29309ddb-65e4-4f7e-b416-a32ae58dc523.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-08 | [Unaudited Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8b29e6f-a3ed-4245-beb6-f1ceceb6ce49.pdf) |
| 2026-05-16 | [Financial Result For Year And Quarter Ended 31 March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3513139-c9a5-4a7e-9f7b-5dc307bc9a7d.pdf) |
| 2026-02-12 | [UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 31ST DECEMBER 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87ab340c-711d-4cac-9788-591b444cbc2d.pdf) |
| 2025-11-08 | [Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10ee7ce4-b5dc-4910-a6f4-fee418c0b58f.pdf) |
| 2025-07-26 | [Unaudited Financial Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=888b28e8-7c85-4fc3-9892-ef9bd110f15e.pdf) |
| 2025-05-17 | [Board Meeting Outcome for Outcomes Of Board Meeting Held On 17Th May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21f98e05-ee17-4074-8d83-d1cedb14742d.pdf) |
| 2025-05-17 | [Audited Financial Results For The Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d27d04c7-3d71-4066-a5a6-7b5ea51be4c3.pdf) |
| 2025-02-08 | [Unaudited Financial Results For The Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a283086a-3689-4fc5-9a96-aa507ca0d81a.pdf) |
| 2024-10-26 | [Results- Unaudited Financial Results For Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8a41ca7-9aee-4b3c-8677-f072823bd435.pdf) |
| 2024-07-13 | [Quarterly Unaudited Financial Results For 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9cac98b9-af68-4538-b7c8-4a2efc291e5b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Promoters issued delisting intention on 27 Apr 2026 to acquire public shares and delist from BSE. | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting 9h - Promoters issued delisting intention on 27 Apr 2026 to acquire public shares and delist from BSE.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6cd3e76c-fc80-45c5-be30-852a38bf2177.pdf) |
| 8 Jan - Board approved re-appointment of two independent directors, proposed authorised capital increase, postal ballot draft and scrutinizer appointment. | [Board Meeting Outcome for Disclosure Under Regulation 30 8 Jan - Board approved re-appointment of two independent directors, proposed authorised capital increase, postal ballot draft and scrutinizer appointment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/714610fc-4b09-427b-8032-2b66a83b1296.pdf) |
| 8 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e996e07f-20cd-475f-a2d9-e9d24ec90e91.pdf) |
| 5 Mar - Newspaper notice for opening of special window for re-lodgment of transfer and dematerialisation of physical shares. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Mar - Newspaper notice for opening of special window for re-lodgment of transfer and dematerialisation of physical shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e4fdb72-83e2-45d2-a0b1-bf146438f476.pdf) |
| 3 Feb - Board meeting Feb 12, 2026 to approve Q3 unaudited results (Dec 31, 2025); trading window closed Jan 1. | [Board Meeting Intimation for Declaration Of Unaudited Financial Results For The Quarter Ended 31St December, 2025 3 Feb - Board meeting Feb 12, 2026 to approve Q3 unaudited results (Dec 31, 2025); trading window closed Jan 1.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb48000c-4d93-414d-8957-0c2dccc40231.pdf) |
| 28 Apr - Board meets May 2, 2026 to consider delisting after promoters' intention letter. | [Board Meeting Intimation for Considering The Proposal For Voluntary Delisting Of Shares Of The Company. 28 Apr - Board meets May 2, 2026 to consider delisting after promoters' intention letter.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9118d6a5-de24-45b0-981d-a4925bf3fa6c.pdf) |
| 28 Apr - Board meets May 2, 2026 to consider delisting after promoters' intention letter. | [Board Meeting Intimation for Considering The Proposal For Voluntary Delisting Of Shares Of The Company. 28 Apr - Board meets May 2, 2026 to consider delisting after promoters' intention letter.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9118d6a5-de24-45b0-981d-a4925bf3fa6c.pdf) |
| 27 Apr - Promoters issued delisting intention on 27 Apr 2026 to acquire public shares and delist from BSE. | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting 27 Apr - Promoters issued delisting intention on 27 Apr 2026 to acquire public shares and delist from BSE.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6cd3e76c-fc80-45c5-be30-852a38bf2177.pdf) |
| 20 Jan - Newspaper Publication for Postal Ballot Notice dated 08-01-2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 20 Jan - Newspaper Publication for Postal Ballot Notice dated 08-01-2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45e38cf5-d086-4cdb-ad40-069d414cbeb9.pdf) |
| 2 May - Promoters seek to acquire 9,21,582 shares and delist Ras Resorts from BSE. | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting 2 May - Promoters seek to acquire 9,21,582 shares and delist Ras Resorts from BSE.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8bf1252-0444-4ced-b37a-90177c4a747d.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Dec 2025 | [Concall - Dec 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/426e6665-0ebe-4d11-9c0c-0807c9b219f2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2aa89ef7-5247-4cb0-bb96-310f0254362f.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3e8f16d-a5b7-47b8-9bf9-5eaf1943036f.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ae4e82c-974c-4b35-9e7e-696f65a0c738.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a046446-99d1-4422-bc59-6bb1fd9876aa.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/507966/73431507966.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/507966/69017507966.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/507966/67281507966.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/507966/5079660319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/507966/5079660318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/507966/5079660317.pdf) |

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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 2026-09-13T19:31:34.684Z.
