---
title: "N D Metal Industries Ltd (512024) — Share Price, Financials & Analysis"
symbol: "512024"
company: "N D Metal Industries Ltd"
canonical: "https://tapetide.com/stocks/512024"
isin: "INE643D01013"
bse_code: "512024"
sector: "Commodities"
industry: "Non - Ferrous Metals"
market_cap_cr: 18.6
generated_at: "2026-09-13T18:23:51.835Z"
---

# N D Metal Industries Ltd (512024)

Canonical page: https://tapetide.com/stocks/512024

## Company

- **BSE Code:** 512024
- **ISIN:** INE643D01013
- **Sector:** Commodities
- **Industry:** Non - Ferrous Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2006-05-15
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ndmil.com

## About

Incorporated in 1992, N.D. Metal
 Industries Ltd imports and trades 
Copper, Brass, Zinc, Tin, and
 Aluminium scrap[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-07T04:33:57.185180Z.

- **Market Cap:** ₹18.6 Cr
- **Classification:** Microcap
- **P/E (reported):** 76.5
- **EPS (TTM):** ₹0.96
- **Book Value:** ₹13.26
- **Price to Book:** 5.66
- **Dividend Yield:** 0%
- **ROE:** 8.53%
- **ROCE:** 2.44%
- **Debt to Equity:** 0.16
- **Revenue (yearly):** ₹0.02 Cr
- **Net Income:** ₹0.11 Cr
- **EBITDA:** ₹-0.66 Cr
- **52-Week High:** ₹99.55
- **52-Week Low:** ₹75

## Key Insights

### Weaknesses

- Stock is trading at 5.65 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -60.5% over past five years.
- Company has a low return on equity of 5.26% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | -52.97% | -50.24% |
| ebitda margin growth | 100% | -338.99% | -280.38% | -483.76% |
| net income growth | 0.2% | -63.33% | -6% | 20% |
| revenue growth | 0% | -98.57% | -13% | -60% |
| roce | — | 79.41% | 56.41% | -0.6% |
| roe | — | 156.16% | 5.61% | -203.27% |

## 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 | 0 | 0.06 | 0 | 0 | 0 | 0.04 | 0.01 | 0 | 0 | 0 | 0.02 | 0.08 |
| Expenses | 0.13 | 0.13 | 0.16 | 0.1 | 0.1 | 0.19 | 0.48 | 0.16 | 0.18 | 0.15 | 0.2 | 0.12 |
| Operating Profit | -0.13 | -0.07 | -0.16 | -0.1 | -0.1 | -0.15 | -0.47 | -0.16 | -0.18 | -0.15 | -0.18 | -0.04 |
| OPM % | — | -116.67 | — | — | — | -375 | -4700 | — | — | — | -900 | -50 |
| Other Income | 0.18 | 0.19 | 0.27 | 0.19 | 0.21 | 0.24 | 0.62 | 0.25 | 0.2 | 0.26 | 0.25 | 0.22 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 |
| Profit before tax | 0.01 | 0.08 | 0.07 | 0.05 | 0.07 | 0.05 | 0.11 | 0.05 | -0.02 | 0.07 | 0.03 | 0.15 |
| Tax % | 0 | 12.5 | 28.57 | 0 | 0 | 0 | 9.09 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.02 | 0.08 | 0.06 | 0.05 | 0.07 | 0.06 | 0.11 | 0.05 | -0.02 | 0.07 | 0.04 | 0.15 |
| EPS in Rs | 0.08 | 0.32 | 0.24 | 0.2 | 0.28 | 0.24 | 0.44 | 0.2 | -0.08 | 0.28 | 0.16 | 0.6 |

### 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 | 5.64 | 6.28 | 3.95 | 2.07 | 0.22 | 0.03 | 0.06 | 0.05 | 0.02 | 0.1 |
| Expenses | 8.54 | 6.96 | 7.09 | 2.95 | 0.77 | 0.7 | 0.56 | 1.01 | 0.67 | 0.65 |
| Operating Profit | -2.9 | -0.68 | -3.14 | -0.88 | -0.55 | -0.67 | -0.5 | -0.96 | -0.65 | -0.55 |
| OPM % | -51.42 | -10.83 | -79.49 | -42.51 | -250 | -2233.33 | -833.33 | -1920 | -3250 | -550 |
| Other Income | 4.03 | 1.22 | 2.98 | 0.78 | 0.72 | 1.03 | 0.83 | 1.36 | 0.95 | 0.93 |
| Interest | 0.6 | 0 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.33 | 0.33 | 0.3 | 0.23 | 0.15 | 0.14 | 0.14 | 0.14 | 0.14 | 0.15 |
| Profit before tax | 0.2 | 0.21 | -0.47 | -0.34 | 0.02 | 0.22 | 0.19 | 0.26 | 0.16 | 0.23 |
| Tax % | 20 | -9.52 | -6.38 | -14.71 | 150 | 13.64 | 31.58 | 0 | 6.25 | — |
| Net Profit | 0.16 | 0.23 | -0.44 | -0.29 | -0.02 | 0.18 | 0.13 | 0.26 | 0.15 | 0.24 |
| EPS in Rs | 0.65 | 0.93 | -1.77 | -1.17 | -0.08 | 0.73 | 0.52 | 1.05 | 0.6 | 0.96 |
| 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 | 2.48 | 2.48 | 2.48 | 2.48 | 2.48 | 2.48 | 2.48 | 2.48 | 2.48 | 2.48 |
| Reserves | 1.41 | 1.58 | 1.81 | 1.37 | 1.08 | 1.06 | 1.24 | 1.37 | 0.51 | 0.66 |
| Borrowings | 8.2 | 7.2 | 7.2 | 7.2 | 5.19 | 2.7 | 0.5 | 0.5 | 0.5 | 0.5 |
| Other Liabilities | 16.75 | 14.47 | 12.86 | 10.31 | 9.48 | 9.82 | 9.75 | 9.88 | 7.39 | 2.97 |
| Total Liabilities | 28.84 | 25.73 | 24.35 | 21.36 | 18.23 | 16.06 | 13.97 | 14.23 | 10.88 | 6.61 |
| Fixed Assets | 3.49 | 3.16 | 2.95 | 2.43 | 2.05 | 1.79 | 1.65 | 1.51 | 1.36 | 1.26 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | -0.09 | -0.08 | -0.16 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 25.44 | 22.65 | 21.56 | 18.93 | 16.18 | 14.27 | 12.32 | 12.72 | 9.52 | 5.35 |
| Total Assets | 28.84 | 25.73 | 24.35 | 21.36 | 18.23 | 16.06 | 13.97 | 14.23 | 10.88 | 6.61 |

### 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 | 12.8 | 1.05 | -0.19 | 0.15 | 2.07 | 2.34 | 2.19 | -0.01 | 1.03 | -0.96 |
| Cash from Investing Activity | 2.15 | -0.01 | 0.09 | -0.26 | -0.01 | 0.11 | 0 | 0 | 0 | -0.04 |
| Cash from Financing Activity | -14.95 | -1 | 0 | 0 | -2 | -2.5 | -2.2 | 0 | 0 | 0 |
| Net Cash Flow | 0 | 0.04 | -0.1 | -0.11 | 0.06 | -0.05 | -0.01 | -0.01 | 1.03 | -0.99 |
| Free Cash Flow | 12.89 | 1.05 | -0.19 | 0.15 | 2.06 | 2.45 | 2.19 | -0.01 | 1.03 | -1 |
| CFO/OP | -229 | -38 | 22 | -5 | -235 | -425 | -327 | 2 | -110 | 142 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 27531.43 | 708.64 | 631.78 | 883.39 | 1396.52 | 0 | 851.67 | 0 | 0 | 0 |
| Inventory Days | 420.42 | 256.59 | 158.77 | 90.01 | 30.74 | 45.62 | 0 | 365 | 0 | 0 |
| Days Payable | 1188.43 | 914.06 | 686.65 | 561.78 | 1629.05 | 159.69 | — | 1095 | — | — |
| Cash Conversion Cycle | 26763.42 | 51.18 | 103.9 | 411.62 | -201.79 | -114.06 | 851.67 | -730 | 0 | 0 |
| Working Capital Days | -19892.5 | -440.07 | -340.59 | -542.42 | -1033.29 | 3301.59 | 46355 | 32059.17 | 21535 | 0 |
| ROCE % | 1.34 | 6.85 | 1.85 | -4.08 | -3.33 | 0.27 | 4.21 | 4.43 | 6.63 | 4.49 |

## 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 | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% | 74.93% |
| 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 | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% | 2.85% |
| Others | 22.22% | 22.23% | 22.23% | 22.23% | 22.23% | 22.23% | 22.23% | 22.23% | 22.23% | 22.23% | 22.23% | 22.23% |
| No. of Shareholders | 553 | 581 | 598 | 609 | 619 | 623 | 627 | 624 | 625 | 629 | 635 | 632 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 76.05 | Sell |
| EMA (10) | 77.54 | Sell |
| SMA (20) | 88.85 | Sell |
| EMA (20) | 82.47 | Sell |
| SMA (50) | 90.86 | Sell |
| EMA (50) | 89.53 | Sell |
| SMA (100) | 96.7 | Sell |
| EMA (100) | 90.68 | Sell |
| SMA (200) | 81.93 | Sell |
| EMA (200) | 85.4 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.3 | Neutral |
| MACD (12,26,9) | -5.96 | Sell |
| Stochastic (14,3,3) | 3.47 | Buy |
| ADX (14) | 11.91 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 10.61 | High Volatility |
| ROC (12) | -1.32 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 34.05 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb0be320-f443-4836-88f7-ba0bb24f0e3e.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b305202-d3f7-47e4-8436-273d00893347.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0036ec72-0fcc-43be-ad98-353ee9ef30bb.pdf) |
| 2026-09-07 | [Intimation Of Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7db2c6f7-83c1-41b0-abe8-9ffe61be3fd5.pdf) |
| 2026-09-07 | [Intimation Of Book Closure In Accordance With Regulation 42 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=15372b80-f92f-4b01-9c1e-c0a8d203c135.pdf) |
| 2026-08-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24b8c5b8-30dc-480c-89a7-42a6d72e1a4f.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92ff0b46-0dff-4a00-9f3e-84272555d191.pdf) |
| 2026-08-07 | [Board Meeting Intimation for Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c1947bf9-10f7-42f4-94e2-5b3d63bc8e98.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21d4e605-4897-494e-8111-11abd04efef0.pdf) |
| 2026-06-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f288788-e48e-4224-b57d-c19a3337ce4f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6cdc507-d8c0-49ff-bb48-0ab3886c5472.pdf) |
| 2026-05-30 | [Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 Financial Result](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2135eccd-e30e-4187-9a20-60ad1eb1017d.pdf) |
| 2026-02-14 | [For The Third Quarter End On 31St Dec 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10ba5fdb-b4ee-49db-aace-dc96aad5368d.pdf) |
| 2025-11-15 | [Unaudited Result For The QTR-2 For Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35996791-fd79-42f6-a992-04d5dcef9a12.pdf) |
| 2025-08-14 | [Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c8313db-9b2b-471e-8c50-d93c45a6eeb1.pdf) |
| 2025-05-30 | [Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16bb7d7c-cf35-4890-8409-835bb14a096e.pdf) |
| 2025-02-14 | [UNAUDITEDRESULT FOR DEC 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e09dbee0-9f7c-4638-b1e5-4bdee7222440.pdf) |
| 2024-11-14 | [Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements)Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=248c2b43-01db-4f7c-938a-8786be8d2b2b.pdf) |
| 2024-08-13 | [First Quarter Ended On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8bebb9db-15c0-40f9-8e9d-564e7e51b019.pdf) |
| 2024-05-30 | [Regulation 33 Of SEBI (Listing Obligations And Disclosure Requirements)Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56b5baf7-9452-4f4c-9297-4e2f81239486.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Allied Digital to attend Bharat Connect Conference Mar 11, 2026; represented by Nehal Shah, Gopal Tiwari; presentation available. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9h - Allied Digital to attend Bharat Connect Conference Mar 11, 2026; represented by Nehal Shah, Gopal Tiwari; presentation available.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c78a428b-9fc2-4643-834a-3cf31ded78c4.pdf) |
| 9 Feb - Board meeting on 14 Feb 2026 to approve Q3 unaudited results for quarter ended 31 Dec 2025; trading window closed. | [Update on board meeting 9 Feb - Board meeting on 14 Feb 2026 to approve Q3 unaudited results for quarter ended 31 Dec 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c477289-2b50-45f1-a2c8-eb8ac7d88a8d.pdf) |
| 7 Feb - Board meeting on 14 Feb 2026 to approve unaudited Q3 results for quarter ended 31 Dec 2025; trading window closed. | [Board Meeting Intimation for Regulation 29 Of SEBI (LODR) Regulations, 2015 7 Feb - Board meeting on 14 Feb 2026 to approve unaudited Q3 results for quarter ended 31 Dec 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c2e9eae-ca3d-4abf-88ac-c122a6c3d439.pdf) |
| 6 Feb - Newspaper publication of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Newspaper publication of the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3f29350-73a9-42c5-9714-4d94a983ea86.pdf) |
| 6 Feb - Detailed Presentation concerning the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2025 which include the Company operational … | [Announcement under Regulation 30 (LODR)-Investor Presentation 6 Feb - Detailed Presentation concerning the Unaudited Financial Results of the Company for the quarter and nine months ended December 31, 2025 which include the Company operational …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/862f3b29-f8de-4466-81e3-2df0af69f616.pdf) |
| 5 Feb - Earnings presentation on Unaudited Standalone and Consolidated Financial Results for quarter ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Investor Presentation 5 Feb - Earnings presentation on Unaudited Standalone and Consolidated Financial Results for quarter ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d51d708-07a3-4531-9669-7dda93aadb99.pdf) |
| 5 Feb - Audio recording of conference call for Q3/9M results ended Dec 31, 2025; results approved Feb 04, 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 Feb - Audio recording of conference call for Q3/9M results ended Dec 31, 2025; results approved Feb 04, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e48b058b-66e5-4d9c-bf78-2893d6d9d666.pdf) |
| 26 Mar - Trading window closed from 01-Apr-2026 until 48 hours after Q4 FY2025-26 audited results. | [Closure of Trading Window 26 Mar - Trading window closed from 01-Apr-2026 until 48 hours after Q4 FY2025-26 audited results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b48aae3-64e2-439e-a365-d558908d5bfc.pdf) |
| 20 Jan - 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed herewith the certificate received from Bigshare Services Private Limited, the Registrar and Share … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 20 Jan - 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed herewith the certificate received from Bigshare Services Private Limited, the Registrar and Share …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc322fa6-0e51-4a67-af10-e01f7db8725a.pdf) |
| 2 Mar - Notice of Special window for Relodgement of Transfer request of Physical Shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Mar - Notice of Special window for Relodgement of Transfer request of Physical Shares](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e5083cd7-e605-4f01-af2a-3dc56fb9dc4a.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79536719-3050-4026-8744-c47d42e91db8.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a25fa6a4-66ca-49e9-8e8c-19c47ec28e0d.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ae22379-2d3f-4f33-8926-e0ef21c15d7b.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5fe910b6-4493-417f-88a3-6ebe7c2b7ea7.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7892c835-d274-42f9-8a83-25f193515dbe.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf9322bc-3201-4873-8439-ea0f56339c32.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39397d93-a42f-4933-980d-43bda1859c4c.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bed7f1b1-a901-44da-8252-4a1b17a5ac11.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43859368-0ca6-4b12-983f-df23d93851c4.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8f27e1c-9da6-488c-a5cc-7b2b62ec2c0a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_ADSL_2011_2012_14092012101412.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e4554941-0cb1-493a-9ecd-92c47a716b37.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5bac6d2-a40b-4840-91fa-f9c25d8b0b77.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f924f593-c7ce-4bf9-8c21-0739c2dadf68.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a686ef77-7d49-4f27-9215-be62da05a9dd.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d963ba63-01ba-4a22-bc6c-542ffce8605f.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cec56082-a287-4198-bd5b-4d9bf44319a5.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532875/73438532875.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512024/74375512024.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532875/69599532875.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 2026-09-13T18:23:51.835Z.
