---
title: "Tomorrow Technologies Global Innovations Ltd (512018) — Share Price, Financials & Analysis"
symbol: "512018"
company: "Tomorrow Technologies Global Innovations Ltd"
canonical: "https://tapetide.com/stocks/512018"
isin: "INE135H01029"
nse_symbol: "CNIRESEARCHLTD"
bse_code: "512018"
sector: "Financial Services"
industry: "Other Financial Services"
market_cap_cr: 91.61
generated_at: "2026-09-13T18:59:15.602Z"
---

# Tomorrow Technologies Global Innovations Ltd (512018)

Canonical page: https://tapetide.com/stocks/512018

## Company

- **NSE Symbol:** CNIRESEARCHLTD
- **BSE Code:** 512018
- **ISIN:** INE135H01029
- **Sector:** Financial Services
- **Industry:** Other Financial Services
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 1997-10-22
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** cniresearchltd.com

## About

Incorporated in 1982, Tomorrow Technologies Global Innovations is a qualitative research, information and online media company with expertise in covering the economy, capital markets as well as small-cap and mid-cap companies[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:49.555477Z.

- **Market Cap:** ₹91.61 Cr
- **Classification:** Microcap
- **P/E (reported):** -192.5
- **EPS (TTM):** ₹-0.04
- **EPS (reported):** ₹0.04
- **Book Value:** ₹1.19
- **Price to Book:** 6.49
- **Dividend Yield:** 0%
- **ROE:** -31.91%
- **ROCE:** -31.91%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹0.34 Cr
- **Net Income:** ₹-0.49 Cr
- **EBITDA:** ₹-0.49 Cr
- **52-Week High:** ₹11.69
- **52-Week Low:** ₹7.01
- **RSI (14):** 52.9

## Tapetide Score

- **Score:** 40 / 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:** 14.5 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 75%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 73.34 | 9% |
| growth | 8.43 | 9% |
| momentum | 30.61 | 12% |
| ownership | 45.54 | 24% |
| quality | 37.22 | 22% |
| valuation | 38.87 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Company's working capital requirements have reduced from 107 days to 53.7 days

### Weaknesses

- Stock is trading at 6.36 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 37.1%
- Company has a low return on equity of -10.2% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | -288.51% | -332.9% |
| ebitda margin growth | 125% | 57.96% | — | — |
| net income growth | 125% | -90% | -161.25% | — |
| revenue growth | 0.2% | -92.27% | -68.23% | — |
| roce | -119.75% | -659.82% | -659.82% | — |
| roe | -120% | -669.82% | -13.16% | — |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2.78 | 4 | 0.33 | 0.05 | 0.03 | 0.28 | 0.02 | 0.02 | 0.01 | 0.01 |
| Expenses | 2.82 | 3.96 | 3.32 | 0.95 | 1.08 | 0.25 | 0.07 | 0 | 0.83 | 0.07 |
| Operating Profit | -0.04 | 0.04 | -2.99 | -0.9 | -1.05 | 0.03 | -0.05 | 0.02 | -0.82 | -0.06 |
| OPM % | -1.44 | 1 | -906.06 | -1800 | -3500 | 10.71 | -250 | 100 | -8200 | -600 |
| Other Income | 0.32 | 0.18 | -0.17 | 0 | 0.01 | 0.06 | 0.17 | 0.09 | 0.01 | 0.22 |
| 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 | 0.28 | 0.22 | -3.16 | -0.9 | -1.04 | 0.09 | 0.12 | 0.11 | -0.81 | 0.16 |
| Tax % | 3.57 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.27 | 0.22 | -3.16 | -0.9 | -1.04 | 0.09 | 0.12 | 0.11 | -0.8 | 0.16 |
| EPS in Rs | 0.02 | 0.02 | -0.28 | -0.08 | -0.09 | 0.01 | 0.01 | 0.01 | -0.07 | 0.01 |

### Profit & Loss

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

| Item | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- |
| Sales | 10.58 | 4.44 | 0.34 | 0.06 |
| Expenses | 9.73 | 9.32 | 0.84 | 0.97 |
| Operating Profit | 0.85 | -4.88 | -0.5 | -0.91 |
| OPM % | 8.03 | -109.91 | -147.06 | -1516.67 |
| Other Income | 0 | 0 | 0.01 | 0.49 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 0.85 | -4.88 | -0.49 | -0.42 |
| Tax % | 1.18 | 0 | 0 | — |
| Net Profit | 0.84 | -4.88 | -0.49 | -0.41 |
| EPS in Rs | 0.07 | -0.43 | -0.04 | -0.04 |
| Dividend Payout % | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 11.48 | 11.48 | 11.48 |
| Reserves | 3.43 | 3.83 | 2.13 |
| Borrowings | 0 | 0 | 0 |
| Other Liabilities | 0.02 | 0.04 | 0.01 |
| Total Liabilities | 14.93 | 15.35 | 13.62 |
| Fixed Assets | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 |
| Investments | 12.44 | 11.86 | 13.44 |
| Other Assets | 2.49 | 3.49 | 0.18 |
| Total Assets | 14.93 | 15.35 | 13.62 |

### Cash Flow

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

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 0.15 | -7.22 | 3.2 |
| Cash from Investing Activity | 1.52 | 4.93 | -3.26 |
| Cash from Financing Activity | 0 | 0 | 0 |
| Net Cash Flow | 1.67 | -2.29 | -0.06 |
| Free Cash Flow | 0.15 | -7.22 | 3.2 |
| CFO/OP | 19 | 148 | -638 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | — |
| Cash Conversion Cycle | 0 | 0 | 0 |
| Working Capital Days | -0.34 | 268 | 53.68 |
| ROCE % | — | -32.3 | -3.39 |

## 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 | 37.11% | 37.11% | 37.11% | 37.11% | 37.11% | 37.11% | 37.11% | 37.11% | 37.11% | 37.11% | 37.11% | 37.11% |
| FIIs | 0% | 0% | 0% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | 0.09% | 0.09% | 0.09% | 0.04% |
| 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 | 40.88% | 41% | 41.17% | 42.06% | 49.38% | 49.67% | 50.01% | 50.07% | 50.45% | 50.02% | 49.92% | 49.94% |
| Others | 22.01% | 21.89% | 21.72% | 20.78% | 13.47% | 13.18% | 12.84% | 12.77% | 12.35% | 12.78% | 12.89% | 12.91% |
| No. of Shareholders | 17330 | 17185 | 19474 | 18103 | 19262 | 20947 | 20286 | 19713 | 18903 | 18178 | 17611 | 17331 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 7.39 | Buy |
| EMA (10) | 7.44 | Buy |
| SMA (20) | 7.46 | Buy |
| EMA (20) | 7.51 | Buy |
| SMA (50) | 7.81 | Sell |
| EMA (50) | 7.77 | Sell |
| SMA (100) | 8.13 | Sell |
| EMA (100) | 8.06 | Sell |
| SMA (200) | 8.5 | Sell |
| EMA (200) | 8.5 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.16 | Neutral |
| MACD (12,26,9) | -0.12 | Buy |
| Stochastic (14,3,3) | 21.42 | Neutral |
| ADX (14) | 15.23 | Neutral |
| Williams %R (14) | -76.14 | Neutral |
| ATR (14) | 0.56 | High Volatility |
| ROC (12) | 0.53 | Buy |
| Stoch RSI (14) | 74.43 | Neutral |
| UO (7,14,28) | 36.18 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Submission Of Newspaper Advertisement - Notice Of 44Th Annual General Meeting Of The Company Tomorrow Technologies Global Innovations Ltd](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=355ff869-9722-401d-ae35-3cfa63c9c58f.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dbfbdbd4-cc3e-4800-9601-e7346a2e9370.pdf) |
| 2026-09-05 | [Sub: Notice Of 44Th Annual General Meeting For The Financial Year 2025-26 Pursuant To The Applicable Provisions Of The Companies Act 2013 And The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 We Hereby Submit The Notice Of The 4](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd300062-80ea-4b42-b36c-d6553ad568f7.pdf) |
| 2026-09-03 | [Board Meeting Outcome for OUTCOME OF BM HELD ON 03-09-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d861ab68-07ba-43f8-8f61-7fa6e4c8cf5e.pdf) |
| 2026-08-28 | [Board Meeting Intimation for INTIMATION FOR BOARD MEETING TO BE HELD ON 03-09-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d279cacf-e022-451a-823b-417504f41f72.pdf) |
| 2026-08-13 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING TO BE HELD ON 13-08-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d382a49-118c-47bb-b829-37e06d5d6ef3.pdf) |
| 2026-08-13 | [STATEMENT AS PER REG 32 FOR QUARTER ENDED 30 JUNE 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b259e8ee-b780-47f4-b394-be7458442f44.pdf) |
| 2026-08-04 | [Board Meeting Intimation for Intimation For Board Meeting To Be Held On 13-08-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=551f3631-f7e2-4924-94dc-cb60518a82ef.pdf) |
| 2026-07-14 | [INTIMATION UNDER REG 30 REGARDING VOLUNTARY SURRENDER OF RESEARCH ANALYST LICENSE](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e99ba579-5895-41fb-868c-4bc0912748c8.pdf) |
| 2026-07-06 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5d3211d-5601-4f0b-ae19-efa9cbbc4302.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results For Quarter Ended 30 June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82e98d64-fb3f-4db4-938a-4b1713b3229e.pdf) |
| 2026-05-26 | [Audited Results For Mar 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bcf5bd0b-e9ab-4f74-8b95-296ed429eb9e.pdf) |
| 2025-11-11 | [Outcome Of Board Meeting Held On 11-11-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39cb3a5d-8623-4c13-852e-0583206e7f9d.pdf) |
| 2025-08-07 | [RESULTS FOR JUNE 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8677ec2f-5896-42f8-8bd6-9eacce79b88a.pdf) |
| 2025-02-05 | [Outcome Of Board Meeting Held On 5-02-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1c928ad-5cbe-4255-b68a-131ae14f09a5.pdf) |
| 2024-11-08 | [Outcome Of Board Meeting Held On 08-11-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22733bb1-eb4b-44d8-9411-481cc6c90aa8.pdf) |
| 2024-08-06 | [RESULTS FOR JUNE 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff241fe8-9585-4b18-b75e-b1f582ae4c1e.pdf) |
| 2024-04-29 | [AUDITED RESULTS FOR QUARTER ENDED 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=220b490e-505e-4aa8-a39c-3a272a409785.pdf) |
| 2023-05-25 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 25-05-2023 At 11.30 AM For Consideration Of Audited Financial Results For Quarter And Year Ended 31.03.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6cca6f79-4079-4bac-acbe-77b711798157.pdf) |
| 2023-02-08 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e55b6bac-c95c-4bd7-9a19-f8fb6c6d6003.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Feb - Board meeting on Feb 12, 2026 to approve Q3/9M unaudited results ended Dec 31, 2025. | [Board Meeting Intimation for Unaudited Financial Results 7 Feb - Board meeting on Feb 12, 2026 to approve Q3/9M unaudited results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e2a57f3f-73cb-44d7-94ec-77024141d452.pdf) |
| 7 Apr - Promoters declared no share encumbrance during FY ended March 31, 2026. | [Disclosure Under Reg. 31(4) SEBI SAST For MAR 2026 7 Apr - Promoters declared no share encumbrance during FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b8a7784-2271-429d-9044-960fdce5c847.pdf) |
| 7 Apr - Cover Letter and Certificate Reg 74(5) for Quarter Ended 31-03-2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Cover Letter and Certificate Reg 74(5) for Quarter Ended 31-03-2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/57a5bd2a-3588-4429-bd35-de69c3e30e4b.pdf) |
| 7 Apr - Board approved appointment of Purva Sharegistry as RTA, replacing MUFG Intime from 7 April 2026. | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 07-04-2026 7 Apr - Board approved appointment of Purva Sharegistry as RTA, replacing MUFG Intime from 7 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/47a9737d-573a-48b7-aabb-6e0138d3308b.pdf) |
| 6 Jan - CERTIFICATE UNDER REG 74(5) FOR QUARTER ENDED 31-12-2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jan - CERTIFICATE UNDER REG 74(5) FOR QUARTER ENDED 31-12-2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b2e459bf-e753-409a-ae25-f6c4b7570c2c.pdf) |
| 31 Dec 2025 - Trading window closed Jan 1, 2026 until 48 hours after unaudited Q4 (31-12-2025) results declaration. | [Closure of Trading Window 31 Dec 2025 - Trading window closed Jan 1, 2026 until 48 hours after unaudited Q4 (31-12-2025) results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f81870e-f64e-413d-ad95-7f8df6b278f3.pdf) |
| 29 Jan - Compliance cerrtificate under Reg 74(5) of SEI DP Regulations for the quarter ended Decemer 31, 2025 enclosed herewith. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 29 Jan - Compliance cerrtificate under Reg 74(5) of SEI DP Regulations for the quarter ended Decemer 31, 2025 enclosed herewith.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3b7f66f-15b0-439c-94a5-5071144f9a22.pdf) |
| 28 Dec 2025 - Trading window closed Jan 1, 2026 until 48 hours after unaudited Q3/9M results for period ended Dec 31, 2025. | [Closure of Trading Window 28 Dec 2025 - Trading window closed Jan 1, 2026 until 48 hours after unaudited Q3/9M results for period ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a8633cbe-290f-4356-b1ef-c2874987f0fa.pdf) |
| 26 Mar - Independent directors reviewed board and chairman performance; information flow assessed; meeting 26 March 2026, 01:30–02:00. | [Board Meeting Outcome for Outcome Of Independent Director Meeting Held On 26-03-2026 26 Mar - Independent directors reviewed board and chairman performance; information flow assessed; meeting 26 March 2026, 01:30–02:00.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d152810f-a536-401a-8c27-d0a5c42ec758.pdf) |
| 22 Apr - Company states it does not qualify as a Large Corporate for FY2026-27 disclosure. | [NON APPLICABILITY OF LARGE ENTITY DISCLOSURE FOR MAR 2026 22 Apr - Company states it does not qualify as a Large Corporate for FY2026-27 disclosure.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96d64498-18b1-4c64-919b-11b05be46d43.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f16eb1c2-e123-4316-b133-9410e30ad4f6.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/928af0cb-ab10-4990-94b0-a4156fda1300.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c1e331c-1991-4f11-933a-8ed2e6005a68.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e2ec73d-5d75-40d4-93b3-07057e3f4c48.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab13bd98-12dc-490e-957a-c59f2aeca881.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3251d3cc-9052-4b87-b728-c58e0fd019f3.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543231/75699543231.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512018/75288512018.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/543231/69055543231.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/512018/71013512018.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2024-08-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c32b8b57-617f-4efa-9091-650d7901e1e4.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c32b8b57-617f-4efa-9091-650d7901e1e4.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 2026-09-13T18:59:15.602Z.