---
title: "Nitin Castings Ltd (508875) — Share Price, Financials & Analysis"
symbol: "508875"
company: "Nitin Castings Ltd"
canonical: "https://tapetide.com/stocks/508875"
isin: "INE861H01020"
nse_symbol: "NITINCASTINGSLTD"
bse_code: "508875"
sector: "Industrial Products"
industry: "Castings & Forgings"
market_cap_cr: 258.29
generated_at: "2026-09-13T18:49:25.052Z"
---

# Nitin Castings Ltd (508875)

Canonical page: https://tapetide.com/stocks/508875

## Company

- **NSE Symbol:** NITINCASTINGSLTD
- **BSE Code:** 508875
- **ISIN:** INE861H01020
- **Sector:** Industrial Products
- **Industry:** Castings & Forgings
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **CEO:** Mr. Nitin Shantikumar Kedia B.E.(Mech.)
- **Employees:** 149
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** nitincastings.com

## About

Incorporated in 1982, Nitin Castings Ltd is in the business of manufacturing 
Alloy Steel Casting in the range of static centrifugal and investment castings[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:40:48.527724Z.

- **Market Cap:** ₹258.29 Cr
- **Classification:** Microcap
- **P/E (reported):** 32.4
- **EPS (TTM):** ₹14.78
- **EPS (reported):** ₹27.2
- **Book Value:** ₹178.42
- **Price to Book:** 2.68
- **Dividend Yield:** 0.63%
- **ROE:** 15.03%
- **ROCE:** 19.86%
- **Debt to Equity:** 0.15
- **Revenue (yearly):** ₹147.09 Cr
- **Net Income:** ₹10.73 Cr
- **EBITDA:** ₹12.77 Cr
- **52-Week High:** ₹650
- **52-Week Low:** ₹260
- **RSI (14):** 69.01

## Tapetide Score

- **Score:** 46 / 100
- **Score date:** 2026-09-04
- **Archetype:** Expensive and Under Pressure
- **What it means:** The multiple is demanding and the trend has turned against it, without the financial strength that would justify paying up. What matters is whether the de-rating stops at the multiple or starts showing up in the numbers.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Falling
- **Percentile:** 31.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 73.91 | 9% |
| growth | 28 | 9% |
| momentum | 13.78 | 12% |
| ownership | 50 | 24% |
| quality | 58.03 | 22% |
| valuation | 39.13 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 27.7% CAGR over last 5 years

### Weaknesses

- Earnings include an other income of Rs.3.53 Cr.
- Debtor days have increased from 40.1 to 49.3 days.
- Working capital days have increased from 65.5 days to 143 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 2.42% | — | 16.63% |
| ebitda margin growth | 26.47% | -32.32% | -34.42% | -4.52% |
| net income growth | 50% | -13.47% | 31% | 28% |
| revenue growth | -12.24% | -4.8% | 3% | 19% |
| roce | — | -3.12% | 42.16% | 15.2% |
| roe | — | -11.17% | 13.37% | 131.94% |

## 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 | 40.12 | 33.71 | 39.15 | 39.87 | 38.32 | 33.8 | 38.58 | 35.75 | 36.45 | 40.26 | 34.63 | 27.47 |
| Expenses | 36.43 | 30.76 | 34.07 | 35.27 | 34.31 | 31.22 | 35.18 | 30.24 | 34.08 | 38.54 | 30.87 | 25.81 |
| Operating Profit | 3.69 | 2.95 | 5.08 | 4.6 | 4.01 | 2.58 | 3.4 | 5.51 | 2.37 | 1.72 | 3.76 | 1.66 |
| OPM % | 9.2 | 8.75 | 12.98 | 11.54 | 10.46 | 7.63 | 8.81 | 15.41 | 6.5 | 4.27 | 10.86 | 6.04 |
| Other Income | 0.83 | 1.38 | -1.63 | 1.5 | 1.89 | 0.72 | 0.57 | 2.63 | 0.39 | 0.91 | -0.37 | 2.6 |
| Interest | 0.03 | 0.04 | 0.09 | 0.1 | 0.08 | 0.13 | 0.12 | 0.15 | 0.15 | 0.26 | 0.23 | 0.23 |
| Depreciation | 0.4 | 0.43 | 0.47 | 0.48 | 0.52 | 0.55 | 0.52 | 0.55 | 0.58 | 0.59 | 0.6 | 0.62 |
| Profit before tax | 4.09 | 3.86 | 2.89 | 5.52 | 5.3 | 2.62 | 3.33 | 7.44 | 2.03 | 1.78 | 2.56 | 3.41 |
| Tax % | 22 | 22.28 | 19.72 | 28.26 | 20.57 | 31.3 | 26.43 | 23.39 | 27.09 | 5.06 | 31.64 | 21.7 |
| Net Profit | 3.19 | 3 | 2.31 | 3.96 | 4.2 | 1.8 | 2.45 | 5.71 | 1.48 | 1.69 | 1.75 | 2.68 |
| EPS in Rs | 6.2 | 5.84 | 4.49 | 7.7 | 8.17 | 3.5 | 4.77 | 11.11 | 2.88 | 3.29 | 3.4 | 5.21 |

### 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 | 58 | 74 | 64 | 62 | 97 | 133 | 149 | 151 | 147 | 139 |
| Expenses | 53 | 66 | 58 | 56 | 90 | 124 | 133 | 135 | 134 | 129 |
| Operating Profit | 5 | 7 | 6 | 6 | 7 | 10 | 15 | 15 | 13 | 10 |
| OPM % | 8 | 10 | 10 | 9 | 7 | 7 | 10 | 10 | 9 | 7 |
| Other Income | 1 | 2 | 1 | 2 | 2 | 1 | 2 | 4 | 4 | 4 |
| Interest | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | 3 | 2 | 4 | 7 | 9 | 15 | 17 | 14 | 10 |
| Tax % | 4 | 29 | 22 | 17 | 21 | 42 | 21 | 26 | 23 | — |
| Net Profit | 1 | 2 | 1 | 3 | 5 | 5 | 12 | 12 | 11 | 8 |
| EPS in Rs | 1.65 | 4.55 | 2.55 | 6.34 | 10.04 | 9.51 | 23.59 | 24.14 | 20.68 | 14.78 |
| Dividend Payout % | 31 | 11 | 0 | 8 | 5 | 8 | 13 | 12 | 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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 41 | 42 | 43 | 44 | 48 | 53 | 57 | 69 | 80 | 89 |
| Borrowings | 10 | 14 | 13 | 7 | 4 | 4 | 10 | 5 | 8 | 14 |
| Other Liabilities | 8 | 12 | 13 | 13 | 13 | 19 | 22 | 33 | 39 | 35 |
| Total Liabilities | 62 | 70 | 71 | 67 | 67 | 78 | 92 | 109 | 129 | 140 |
| Fixed Assets | 18 | 30 | 30 | 26 | 24 | 23 | 22 | 25 | 30 | 33 |
| CWIP | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
| Investments | 0 | 0 | 0 | 5 | 16 | 17 | 25 | 36 | 47 | 51 |
| Other Assets | 36 | 40 | 41 | 36 | 27 | 38 | 45 | 48 | 52 | 51 |
| Total Assets | 62 | 70 | 71 | 67 | 67 | 78 | 92 | 109 | 129 | 140 |

### 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 | 3 | 6 | 10 | 10 | 15 | 1 | 1 | 17 | 18 | 9 |
| Cash from Investing Activity | -3 | -7 | -4 | -5 | -12 | -2 | -8 | -13 | -19 | -13 |
| Cash from Financing Activity | 1 | 2 | -4 | -7 | -5 | 2 | 6 | -6 | 1 | 4 |
| Net Cash Flow | 0 | 1 | 2 | -2 | -1 | 2 | -1 | -1 | 0 | 0 |
| Free Cash Flow | -3 | -3 | 6 | 9 | 15 | 0 | 1 | 13 | 11 | -1 |
| CFO/OP | 58 | 119 | 150 | 155 | 282 | 36 | 34 | 134 | 142 | 91 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 66 | 73 | 59 | 53 | 57 | 48 | 34 | 36 | 35 | 49 |
| Inventory Days | 128 | 187 | 111 | 158 | 107 | 94 | 93 | 90 | 106 | 95 |
| Days Payable | 31 | 67 | 49 | 60 | 64 | 64 | 46 | 58 | 80 | 78 |
| Cash Conversion Cycle | 162 | 192 | 121 | 151 | 100 | 78 | 81 | 68 | 60 | 67 |
| Working Capital Days | 95 | 110 | 86 | 98 | 55 | 46 | 36 | 34 | 19 | 143 |
| ROCE % | 5 | 3 | 8 | 6 | 9 | 12 | 14 | 24 | 17 | 16 |

## 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 | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% |
| 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 | 22.85% | 22.81% | 22.89% | 22.86% | 22.85% | 22.88% | 22.88% | 22.91% | 22.9% | 22.9% | 22.89% | 22.89% |
| Others | 5.76% | 5.8% | 5.72% | 5.75% | 5.76% | 5.73% | 5.73% | 5.7% | 5.71% | 5.71% | 5.72% | 5.72% |
| No. of Shareholders | 1559 | 996 | 1383 | 1393 | 1532 | 1553 | 1567 | 1549 | 1593 | 1621 | 1602 | 1518 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 1 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 408.53 | Buy |
| EMA (10) | 421.43 | Buy |
| SMA (20) | 348.81 | Buy |
| EMA (20) | 398.46 | Buy |
| SMA (50) | 445.68 | Buy |
| EMA (50) | 430.59 | Buy |
| SMA (100) | 504.52 | Sell |
| EMA (100) | 472.84 | Buy |
| SMA (200) | 512.72 | Sell |
| EMA (200) | 510.77 | Sell |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 72.02 | Sell |
| MACD (12,26,9) | 11.34 | Buy |
| Stochastic (14,3,3) | 100 | Sell |
| ADX (14) | 39.13 | Buy |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 23.48 | High Volatility |
| ROC (12) | 76.76 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 90.76 | Sell |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d105cd43-08a6-4f6c-9569-ad098ac70f0b.pdf) |
| 2026-08-28 | [Notice Of 43Rd Annual General Meeting Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0957aba7-9eef-4b8a-9e5a-42d383a8e137.pdf) |
| 2026-08-28 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=033b54b8-656c-4e7f-92c2-38abf808c66b.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0d971c9-2fc6-4183-9e99-12000af0f79e.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Friday 14Th August 2026 Pursuant To Regulation 30 & 33 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1993db21-efdb-4395-8b81-0cd31abfabde.pdf) |
| 2026-08-14 | [Intimation Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=84cf7cde-68d1-439d-87ff-3e9f9e703a29.pdf) |
| 2026-08-13 | [Post Offer Public Announcement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=B4E25846-EE61-4847-9ECE-5E6B2403EFB3-115404.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Post Offer Public Announcement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f774691-48b2-43b4-a696-80ba8c2bd8d1.pdf) |
| 2026-08-11 | [Outcome Of Reverse Book Building Process Pursuant To Regulation 17(3) Of The SEBI (Delisting Of Equity Shares) Regulations 2021.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=888e1e8b-1391-4380-9d3d-bb68fb22795b.pdf) |
| 2026-08-11 | [Outcome of Reverse Book Building Process under Regulation 17(3) of the SEBI (Delisting of Equity Shares) Regulations 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=373AE0C3-AF12-4D01-BC74-50DA685EFB9B-181725.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Outcome Of Board Meeting Held On Friday 14Th August 2026 Pursuant To Regulation 30 & 33 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b06397ea-079e-4856-8851-886781c87deb.pdf) |
| 2026-05-27 | [Audited Financial Results As On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d9dbdec-d9ed-4da2-89c0-c66d6d9487f6.pdf) |
| 2026-01-17 | [Un-Audited Financial Results Of The Company For The Quarter And Nine Months Ended On December 31 2025 And Limited Review Report Of Statutory Auditors For The Quarter And Nine Months Ended On 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=663e9ea4-e549-476b-a6a8-48a09dffcbe3.pdf) |
| 2025-11-14 | [Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c12ec7f5-2054-4406-80f2-cf4968f3754b.pdf) |
| 2025-08-14 | [Un-Audited Financial Results Of The Company For The Quarter Ended June 30 2025. A Copy Of Un-Audited Financial Results Along With Limited Review Report Is Enclosed Herewith](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c636ca4-fe2f-4322-90b3-e19411e318be.pdf) |
| 2025-05-28 | [Result-Financial Result For The Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4855828-20ab-4bdd-b2df-32ef3c1e3386.pdf) |
| 2025-02-07 | [Outcome Of Board Meeting Held On February 07 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f8afef5-f584-484f-b03b-b3edb3a6d4e8.pdf) |
| 2024-11-14 | [Un-Audited Financial Results For The Quarter And Halfyear Ended On September 30,2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1967b73-509a-469d-90c4-a36ef848b4c8.pdf) |
| 2024-08-14 | [Outcome Of Board Meeting Held On August 14, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bdf9ce51-de38-4cce-ba9f-e2f47525ed60.pdf) |
| 2024-05-22 | [Results - Financial Results For FY 2023-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0e1d110-ae0b-4c49-ae1a-5fd64e655e10.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 4 Feb - Acquirers intend to acquire all shares and voluntarily delist; due diligence appointed; registered office shifted Feb 4, 2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held On February 04, 2026 Under Regulation 30 Of SEBI (LODR) Regulations, 2015 4 Feb - Acquirers intend to acquire all shares and voluntarily delist; due diligence appointed; registered office shifted Feb 4, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ccb78226-5610-4374-ab54-b343604fa05a.pdf) |
| 31 Mar - Trading window closed Apr 1, 2026 until 48 hours after Q4/FY2026 results declaration. | [Closure of Trading Window 31 Mar - Trading window closed Apr 1, 2026 until 48 hours after Q4/FY2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/031ffa3c-a852-4e3f-8a37-97e3998dace9.pdf) |
| 31 Jan - Board meeting Feb 4, 2026 to consider promoters' Jan 30 voluntary delisting offer and appoint PCS. | [Board Meeting Intimation for Intimation Of The Board Meeting Pursuant To Regulation 29 And Regulation 30 Of The SEBI (LODR) Regulations. 2015 ('Listing Regulation") 31 Jan - Board meeting Feb 4, 2026 to consider promoters' Jan 30 voluntary delisting offer and appoint PCS.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/311b02cd-a2bb-4cba-844d-8607744f21b0.pdf) |
| 31 Jan - Acquirers propose voluntary delisting of 14,70,894 shares (28.61%); IPA dated Jan 30, 2026; reverse book-building. | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting 31 Jan - Acquirers propose voluntary delisting of 14,70,894 shares (28.61%); IPA dated Jan 30, 2026; reverse book-building.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a36873a-864a-4fcb-8414-90f3fa8580dd.pdf) |
| 30 Mar - Postal ballot passed for voluntary delisting; 4,559,910 votes for, 1,720 against; result dated 30 March 2026. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 30 Mar - Postal ballot passed for voluntary delisting; 4,559,910 votes for, 1,720 against; result dated 30 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2cc83431-b1f1-4efe-b900-1baf0a17b7f5.pdf) |
| 28 Feb - Postal ballot to approve promoter-led voluntary delisting; floor price ₹273.36; voting Feb 28–Mar 29, 2026. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 28 Feb - Postal ballot to approve promoter-led voluntary delisting; floor price ₹273.36; voting Feb 28–Mar 29, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59b96164-00b0-4d59-ac71-ccf5d4c67223.pdf) |
| 26 Nov 2025 - H1 FY26 revenue ₹61.16cr (+22%), PAT ₹6.13cr (+17%); Indrad adds 6,012 MTPA, Vatva production Dec 2025. | [Earning _Press_Release_H1FY26 26 Nov 2025 - H1 FY26 revenue ₹61.16cr (+22%), PAT ₹6.13cr (+17%); Indrad adds 6,012 MTPA, Vatva production Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/97c3aef3-099d-41a8-9851-58f4f7f7a1f6.pdf) |
| 26 Feb - Newspaper Advertisement of the Notice of Postal Ballot and Information on Remote E-Voting | [Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Feb - Newspaper Advertisement of the Notice of Postal Ballot and Information on Remote E-Voting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/558ab9dc-40a3-49c9-a606-977ab6f6f0f2.pdf) |
| 21 Feb - Due Diligence Report for voluntary delisting; acquirers to acquire 1,470,894 shares (28.61%) — Initial announcement 30 Jan 2026. | [Corrigendum To The Outcome Of The Board Meeting Held On 20.02.2026 21 Feb - Due Diligence Report for voluntary delisting; acquirers to acquire 1,470,894 shares (28.61%) — Initial announcement 30 Jan 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9a8434e-4afb-4b12-972f-925ec5b970b8.pdf) |
| 21 Feb - Board approved voluntary delisting; floor price ₹273.36; postal ballot to acquire 28.61% public shares. | [Board Meeting Outcome for Outcome Of Board Meeting In Accordance With Regulation 30 Read With Clause (I) Of Para A Of Part A Of Schedule III Of SEBI (LODR) Regulations, 2015 21 Feb - Board approved voluntary delisting; floor price ₹273.36; postal ballot to acquire 28.61% public shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec685a85-b3a5-4dc9-b511-bb6dbb1827c0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fd4b576-ff4a-403b-be87-7e2c61f2e194.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6b14b2d4-07e6-4047-811b-18ea46c0c689.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/309e54cc-16cd-4971-b87b-e1bea8cef832.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/508875/76459508875.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/508875/70611508875.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/508875/66923508875.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/508875/5088750319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/508875/5088750318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/508875/5088750317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/508875/5088750316.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 2026-09-13T18:49:25.052Z.