---
title: "Morarka Finance Ltd (511549) — Share Price, Financials & Analysis"
symbol: "511549"
company: "Morarka Finance Ltd"
canonical: "https://tapetide.com/stocks/511549"
isin: "INE367A01015"
nse_symbol: "MORARKAFINANCELTD"
bse_code: "511549"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 30.65
generated_at: "2026-09-13T18:36:24.504Z"
---

# Morarka Finance Ltd (511549)

Canonical page: https://tapetide.com/stocks/511549

## Company

- **NSE Symbol:** MORARKAFINANCELTD
- **BSE Code:** 511549
- **ISIN:** INE367A01015
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** morarkafinance.in

## About

Incorporated in 1985, Morarka Finance Ltd 
is in the business of finance and investments[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:49:58.777251Z.

- **Market Cap:** ₹30.65 Cr
- **Classification:** Microcap
- **P/E (reported):** 17.5
- **EPS (TTM):** ₹3.71
- **EPS (reported):** ₹6.99
- **Book Value:** ₹257.37
- **Price to Book:** 0.25
- **Dividend Yield:** 2.31%
- **ROE:** 1.24%
- **ROCE:** 1.44%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹2.2 Cr
- **Net Income:** ₹1.4 Cr
- **EBITDA:** ₹1.7 Cr
- **52-Week High:** ₹113
- **52-Week Low:** ₹42.11
- **RSI (14):** 52.82

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 82%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| growth | 60.67 | 9.89% |
| momentum | 79.23 | 13.19% |
| ownership | 50 | 26.37% |
| quality | 46.86 | 24.18% |
| valuation | 66.65 | 26.37% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.25 times its book value
- Company has been maintaining a healthy dividend payout of 35.3%

### Weaknesses

- The company has delivered a poor sales growth of 11.8% over past five years.
- Company has a low return on equity of 2.57% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -103.43% | 78% | 31.25% |
| ebitda margin growth | 600% | -11.82% | -20.13% | -17.1% |
| net income growth | 300% | -50% | -33% | 16% |
| revenue growth | 500% | -40.54% | -28% | 12% |
| roce | — | -56.63% | -66.97% | 2.7% |
| roe | — | -57.82% | 2.69% | -9.49% |

## 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0.9 | 0.75 | 0.81 | 0.81 | 1.19 | 0.17 | 0.34 | 0.29 | 1.62 | 0.25 | 0.06 | 0.58 |
| Expenses | 0.08 | 0.13 | 0.12 | 0.13 | 0.11 | 0.15 | 0.16 | 0.14 | 0.13 | 0.15 | 0.13 | 0.12 |
| Financing Profit | 0.82 | 0.62 | 0.69 | 0.68 | 1.08 | 0.02 | 0.18 | 0.15 | 1.49 | 0.1 | -0.07 | 0.46 |
| Financing Margin % | 91.11 | 82.67 | 85.19 | 83.95 | 90.76 | 11.76 | 52.94 | 51.72 | 91.98 | 40 | -116.67 | 79.31 |
| Other Income | 0 | 0 | 0 | 0.99 | 0 | 0 | 0.23 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.82 | 0.62 | 0.69 | 1.67 | 1.08 | 0.02 | 0.41 | 0.15 | 1.49 | 0.1 | -0.07 | 0.46 |
| Tax % | 25.61 | 40.32 | 23.19 | 1.8 | 50 | -400 | -26.83 | 0 | 24.83 | 20 | -242.86 | 17.39 |
| Net Profit | 0.61 | 0.37 | 0.53 | 1.64 | 0.54 | 0.09 | 0.52 | 0.14 | 1.12 | 0.07 | 0.1 | 0.38 |
| EPS in Rs | 1.35 | 0.82 | 1.18 | 3.64 | 1.2 | 0.2 | 1.16 | 0.31 | 2.49 | 0.16 | 0.22 | 0.84 |

### 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 2.75 | 0.96 | 5.43 | 1.27 | 4.48 | 5.86 | 7.58 | 2.51 | 2.22 | 2.51 |
| Expenses | 0.37 | 0.42 | 0.45 | 0.36 | 0.42 | 0.38 | 0.46 | 0.56 | 0.55 | 0.53 |
| Financing Profit | 2.38 | 0.54 | 4.98 | 0.91 | 4.06 | 5.48 | 7.12 | 1.95 | 1.67 | 1.98 |
| Financing Margin % | 86.55 | 56.25 | 91.71 | 71.65 | 90.62 | 93.52 | 93.93 | 77.69 | 75.23 | 78.88 |
| Other Income | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 1.22 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2.38 | 0.54 | 4.98 | 0.92 | 4.06 | 5.48 | 7.12 | 3.17 | 1.67 | 1.98 |
| Tax % | 1.26 | 12.96 | 0.6 | 25 | 8.87 | 14.42 | 11.38 | 11.99 | 13.77 | — |
| Net Profit | 2.34 | 0.47 | 4.95 | 0.69 | 3.69 | 4.68 | 6.32 | 2.8 | 1.43 | 1.67 |
| EPS in Rs | 5.2 | 1.04 | 10.99 | 1.53 | 8.2 | 10.4 | 14.04 | 6.22 | 3.18 | 3.71 |
| Dividend Payout % | 19.23 | 95.74 | 0 | 65.22 | 48.78 | 48.08 | 42.72 | 16.07 | 47.2 | — |

### 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 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 | 4.5 |
| Reserves | 4.72 | 7.06 | 6.98 | 11.93 | 68.72 | 264.83 | 185.47 | 158.36 | 90.79 | 111.32 |
| Borrowing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.07 | 0.07 | 0.11 | 0.08 | 0.21 | 0.53 | 0.92 | 1.04 | 0.9 | 1.17 |
| Total Liabilities | 9.29 | 11.63 | 11.59 | 16.51 | 73.43 | 269.86 | 190.89 | 163.9 | 96.19 | 116.99 |
| Fixed Assets | 0.08 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 8.88 | 11.11 | 11.09 | 13.79 | 72.86 | 269 | 189.81 | 162.92 | 95.23 | 115.71 |
| Other Assets | 0.33 | 0.45 | 0.43 | 2.65 | 0.51 | 0.8 | 1.02 | 0.93 | 0.91 | 1.23 |
| Total Assets | 9.29 | 11.63 | 11.59 | 16.51 | 73.43 | 269.86 | 190.89 | 163.9 | 96.19 | 116.99 |

### 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 | 0.26 | 2.3 | 0.07 | -0.09 | -5.48 | -0.16 | -0.55 | -0.5 | 3.21 | -0.11 |
| Cash from Investing Activity | -0.27 | -2.23 | 0.47 | 2.37 | 3.24 | 0.7 | 2.26 | 2.69 | -0.54 | 0.67 |
| Cash from Financing Activity | 0 | 0 | -0.54 | 0 | 0 | -0.45 | -1.8 | -2.25 | -2.7 | -0.45 |
| Net Cash Flow | -0.01 | 0.06 | 0 | 2.28 | -2.24 | 0.08 | -0.09 | -0.06 | -0.03 | 0.11 |
| Free Cash Flow | 0.26 | 2.3 | 0.07 | -0.09 | -5.48 | -0.16 | -0.55 | -0.5 | 3.21 | -0.11 |
| CFO/OP | 118 | 98 | 13 | -2 | -602 | -4 | -10 | 4 | 184 | 7 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 1.97 | 22.52 | 4.08 | 35.47 | 1.54 | 2.15 | 2.04 | 3.58 | 2.17 | 1.35 |

## 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 | 66.78% | 66.78% | 66.78% | 66.78% | 66.78% | 66.78% | 66.78% | 66.78% | 66.78% | 66.78% | 66.78% | 66.78% |
| 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 | 25.1% | 25.47% | 25.32% | 25.27% | 25.11% | 25.12% | 25.65% | 25.59% | 25.62% | 24.87% | 25.21% | 25.98% |
| Others | 8.13% | 7.76% | 7.9% | 7.96% | 8.11% | 8.1% | 7.57% | 7.63% | 7.6% | 8.35% | 8.01% | 7.25% |
| No. of Shareholders | 3089 | 3174 | 3179 | 3279 | 4095 | 4154 | 4227 | 4143 | 4171 | 4031 | 4004 | 4117 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 65.85 | Sell |
| EMA (10) | 65.48 | Sell |
| SMA (20) | 64.63 | Sell |
| EMA (20) | 64.72 | Sell |
| SMA (50) | 62.66 | Buy |
| EMA (50) | 63.11 | Buy |
| SMA (100) | 60.74 | Buy |
| EMA (100) | 62.53 | Buy |
| SMA (200) | 63.03 | Buy |
| EMA (200) | 67.95 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.03 | Neutral |
| MACD (12,26,9) | 1.03 | Sell |
| Stochastic (14,3,3) | 49.38 | Neutral |
| ADX (14) | 16.47 | Neutral |
| Williams %R (14) | -60.66 | Neutral |
| ATR (14) | 4.05 | High Volatility |
| ROC (12) | 0.66 | Buy |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 37.34 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e5dcf02-1e52-43af-9e5c-32cac9dee8cf.pdf) |
| 2026-08-27 | [Update - Approval Received From Reserve Bank Of India (RBI) For Appointment Of Mr. Pranay G. Morarka (DIN: 03272263) As Managing Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ccd179e4-1c3f-424f-988e-5fa1174e4fe6.pdf) |
| 2026-07-22 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=176484a8-ec7f-43d5-8a43-da74870605db.pdf) |
| 2026-07-21 | [Board Meeting Outcome for Regulation 30 - Outcome Of Board Meeting (Schedule III Part A - (4))](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec44b93d-7864-4f8c-9994-dcc519b0bf5c.pdf) |
| 2026-07-15 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05881736-63c4-4376-a627-6f8d96281c34.pdf) |
| 2026-07-15 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ffd7768-5063-4bf5-858c-d90e181bd5fc.pdf) |
| 2026-07-15 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87a90c76-3e7e-4faf-8f94-5ef613333a65.pdf) |
| 2026-07-13 | [Board Meeting Intimation for Intimation Of Meeting Of Board Of Directors Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20aab30d-8808-4cc2-864c-88d791ff11b6.pdf) |
| 2026-07-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad2a13ac-6f91-41cd-9366-400144bfd0fd.pdf) |
| 2026-07-03 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e2c627c-7de6-4178-bd16-f81713a6d0c4.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-21 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e3b92f4-f037-4eaa-9209-150ad8feeabb.pdf) |
| 2026-04-23 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5243e79f-d0f0-450e-bc5d-68f29c294989.pdf) |
| 2026-01-21 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d8afd59-48e1-4ee1-9462-c08b62ad9967.pdf) |
| 2025-10-15 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=750eeed0-513f-4435-8fd1-f4d507491d29.pdf) |
| 2025-07-17 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4abb0e14-53ca-429f-a9e5-5c1fc4a7b98e.pdf) |
| 2025-05-08 | [Board Meeting Outcome for Regulation 30 - Outcome Of Board Meeting (Schedule III Part A - (4))](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f7478b13-4dff-4ad7-a74c-20aa39c67a37.pdf) |
| 2025-05-08 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db0f0e84-7558-46bd-9708-08dea6f25c49.pdf) |
| 2025-01-20 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d54298d-68bf-413c-9b71-d3188d2e33ed.pdf) |
| 2024-10-15 | [Regulation 33(3)(A) - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d92afe91-74eb-4645-8b44-b0d110946bd1.pdf) |
| 2024-07-16 | [Regulation 33(3)(A) - Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ca62389-a02a-47b7-97eb-0ec88ae44b6e.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the 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 the quarter ended 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1eb56ba3-22e2-4095-9c2d-2d97a71c228b.pdf) |
| 5 Feb - Board meeting on Feb 12, 2026 to approve unaudited standalone/consolidated Q3 and nine-month results ended Dec 31, 2025. | [Board Meeting Intimation for Notice Of Board Meeting 5 Feb - Board meeting on Feb 12, 2026 to approve unaudited standalone/consolidated Q3 and nine-month results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44ad6c22-292a-4372-9d65-1394b7963083.pdf) |
| 30 Apr - Pranay G. Morarka resigned as CEO effective April 24, 2026, and will become Managing Director, subject to shareholder approval. | [Announcement under Regulation 30 (LODR)-Change in Management 30 Apr - Pranay G. Morarka resigned as CEO effective April 24, 2026, and will become Managing Director, subject to shareholder approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/40dbd2c8-7a6b-49ca-90c8-088c1b088386.pdf) |
| 30 Apr - Pranay G. Morarka resigned as CEO effective April 24, 2026, and will become Managing Director, subject to shareholder approval. | [Announcement under Regulation 30 (LODR)-Change in Management 30 Apr - Pranay G. Morarka resigned as CEO effective April 24, 2026, and will become Managing Director, subject to shareholder approval.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/40dbd2c8-7a6b-49ca-90c8-088c1b088386.pdf) |
| 27 Apr - FY26 secretarial compliance report filed; previous Rs14,160 fine for SRC chairperson non-compliance paid. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 27 Apr - FY26 secretarial compliance report filed; previous Rs14,160 fine for SRC chairperson non-compliance paid.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4fd5504c-d159-444c-a485-1913edde33d4.pdf) |
| 23 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for year/quarter ended Mar 31, 2026; PAN freeze. | [Closure of Trading Window 23 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for year/quarter ended Mar 31, 2026; PAN freeze.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9c90afc-9a19-41df-973c-01d272c3554b.pdf) |
| 23 Apr - Book closure July 9-15, 2026; record date July 8, 2026 for AGM and dividend. | [Intimation Of Record Date & Book Closure Pursuant To Regulation 42 (1)(A)Of The SEBI (LODR) Regulations, 2015 23 Apr - Book closure July 9-15, 2026; record date July 8, 2026 for AGM and dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c8d892a-e81b-4277-9ff2-d64b34d3e10d.pdf) |
| 23 Apr - Board approved FY26 audited results, Rs1.5 dividend, AGM on July 15, and CEO Pranay Morarka became MD. | [Corporate Action-Board approves Dividend 23 Apr - Board approved FY26 audited results, Rs1.5 dividend, AGM on July 15, and CEO Pranay Morarka became MD.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/01c5c964-b0e4-4007-9042-7aeaf5452273.pdf) |
| 21 Jan - Approved unaudited results for quarter and nine months to Dec 31, 2025; 9M PBT ₹173.53L, PAT ₹133.41L. | [Board Meeting Outcome for Regulation 30 - Outcome Of Board Meeting (Schedule III Part A - (4)) 21 Jan - Approved unaudited results for quarter and nine months to Dec 31, 2025; 9M PBT ₹173.53L, PAT ₹133.41L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d84d57c-f7ab-41d8-a70a-f4747265b69e.pdf) |
| 2 Apr - Morarka Finance says it is not a Large Corporate; outstanding borrowing was nil on 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2 Apr - Morarka Finance says it is not a Large Corporate; outstanding borrowing was nil on 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7cb3253-2607-483d-92d4-cd40c72f31ba.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0e9a9d0c-7086-4916-9439-8bc050ac6acf.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fdc6a692-6e1a-4d6a-8b05-52a5767fc17e.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7a2396c-93d7-4598-87b0-b1c90d283788.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f256f91-d66c-4c08-b3d2-6aa496fb76d6.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cb69e146-d0fe-4195-8e62-58b5994d8bd8.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eefc8840-4aac-43aa-bc59-e5fa933585a7.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/542580/74355542580.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/511549/73042511549.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/542580/71345542580.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/511549/68730511549.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9b28f07-b2e5-4735-b4dd-059b9b7e3cd3.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 2026-09-13T18:36:24.504Z.