---
title: "Garnet International Ltd (512493) — Share Price, Financials & Analysis"
symbol: "512493"
company: "Garnet International Ltd"
canonical: "https://tapetide.com/stocks/512493"
isin: "INE590B01010"
nse_symbol: "GARNETINTERNATIONALLTD"
bse_code: "512493"
sector: "Financial Services"
industry: "Investment Company"
market_cap_cr: 115.78
generated_at: "2026-09-13T18:23:18.225Z"
---

# Garnet International Ltd (512493)

Canonical page: https://tapetide.com/stocks/512493

## Company

- **NSE Symbol:** GARNETINTERNATIONALLTD
- **BSE Code:** 512493
- **ISIN:** INE590B01010
- **Sector:** Financial Services
- **Industry:** Investment Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** garnetint.com

## About

Incorporated in 1981, Garnet International Ltd is engaged in the businesses spread across two verticals – investments and textiles.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:47:09.739306Z.

- **Market Cap:** ₹115.78 Cr
- **Classification:** Microcap
- **P/E (reported):** 36.9
- **EPS (TTM):** ₹1.61
- **EPS (reported):** ₹0
- **Book Value:** ₹21.64
- **Price to Book:** 2.73
- **Dividend Yield:** 0%
- **ROE:** 4.06%
- **ROCE:** 3.83%
- **Debt to Equity:** 0.02
- **Revenue (yearly):** ₹4.87 Cr
- **Net Income:** ₹4.74 Cr
- **EBITDA:** ₹3.38 Cr
- **52-Week High:** ₹126.95
- **52-Week Low:** ₹42
- **RSI (14):** 52.27

## Tapetide Score

- **Score:** 41 / 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:** 17.1 (of 4473 scored stocks)
- **Confidence:** 97%
- **Data coverage:** 94%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 50 | 9% |
| growth | 16.27 | 9% |
| momentum | 29.13 | 12% |
| ownership | 46.3 | 24% |
| quality | 51.27 | 22% |
| valuation | 32.03 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Stock is trading at 2.72 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.42%
- The company has delivered a poor sales growth of -22.8% over past five years.
- Tax rate seems low
- Company has a low return on equity of 5.57% over last 3 years.
- Promoters have pledged 60.5% of their holding.
- Earnings include an other income of Rs.1.51 Cr.
- Company has high debtors of 311 days.
- Working capital days have increased from 188 days to 280 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -142.3% | -356.45% | 23.92% |
| ebitda margin growth | -160% | — | -929.51% | — |
| net income growth | -150% | 216% | 19% | 27% |
| revenue growth | -37.5% | -44.02% | -57% | -23% |
| roce | -159.26% | -120.8% | -60.8% | -2.4% |
| roe | -158.18% | -118.58% | -2.92% | -139% |

## 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 | 12.63 | 12.26 | 19.67 | 2.64 | 1.46 | 2.86 | 1.77 | 2.13 | 2.04 | 0.28 | 0.42 | 0.54 |
| Expenses | 14.22 | 9.5 | 20.03 | 2.58 | 1.57 | 3.05 | 1.58 | 0.84 | 0.28 | 0.25 | 0.28 | 0.86 |
| Operating Profit | -1.59 | 2.76 | -0.36 | 0.06 | -0.11 | -0.19 | 0.19 | 1.29 | 1.76 | 0.03 | 0.14 | -0.32 |
| OPM % | -12.59 | 22.51 | -1.83 | 2.27 | -7.53 | -6.64 | 10.73 | 60.56 | 86.27 | 10.71 | 33.33 | -59.26 |
| Other Income | 0 | 0 | -4.62 | 0.71 | 0.67 | 0 | 0.22 | 0 | 1.04 | 0.07 | 0.4 | 0 |
| Interest | 1.32 | 0.76 | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.24 | 0.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -3.15 | 1.75 | -4.99 | 0.77 | 0.56 | -0.19 | 0.4 | 1.29 | 2.8 | 0.1 | 0.54 | -0.32 |
| Tax % | 0 | 0 | 0.6 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | -1.85 | 0 |
| Net Profit | -3.15 | 1.75 | -5.02 | 0.77 | 0.56 | -0.19 | 0.38 | 1.29 | 2.8 | 0.11 | 0.54 | -0.32 |
| EPS in Rs | -1.41 | 0.95 | -2.48 | 0.39 | 0.29 | -0.1 | 0.19 | 0.66 | 1.43 | 0.06 | 0.28 | -0.16 |

### 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 | 376.49 | 83.1 | 17.53 | 17.78 | 43.84 | 59.33 | 20.31 | 8.73 | 4.87 | 3.28 |
| Expenses | 365.18 | 142.12 | 27.52 | 19.1 | 43.56 | 53.39 | 21.67 | 8.53 | 1.49 | 1.67 |
| Operating Profit | 11.31 | -59.02 | -9.99 | -1.32 | 0.28 | 5.94 | -1.36 | 0.2 | 3.38 | 1.61 |
| OPM % | 3 | -71.02 | -56.99 | -7.42 | 0.64 | 10.01 | -6.7 | 2.29 | 69.4 | 49.09 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | -4.59 | 1.36 | 1.36 | 1.51 |
| Interest | 0.92 | 0.09 | 0.16 | 0.24 | 0.33 | 1.18 | 0.01 | 0.01 | 0 | 0 |
| Depreciation | 0.82 | 0.83 | 0.82 | 0.82 | 0.81 | 0.94 | 0 | 0 | 0 | 0 |
| Profit before tax | 9.57 | -59.94 | -10.97 | -2.38 | -0.86 | 3.82 | -5.96 | 1.55 | 4.74 | 3.12 |
| Tax % | -18.29 | -3.67 | -3.19 | 49.16 | 45.35 | 14.66 | 0.5 | 1.29 | -0.21 | — |
| Net Profit | 11.33 | -57.74 | -10.62 | -3.55 | -1.25 | 3.26 | -5.98 | 1.53 | 4.75 | 3.13 |
| EPS in Rs | 5.85 | -29.55 | -5.55 | -1.9 | -0.88 | 1.45 | -3.05 | 0.77 | 2.42 | 1.61 |
| Dividend Payout % | 8.54 | 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 | 6.23 | 19.53 | 19.53 | 19.64 | 19.64 | 19.64 | 19.64 | 19.64 | 19.64 | 19.64 |
| Reserves | 46.41 | 68.59 | 23.77 | 14.94 | 11.22 | 9.51 | 12.36 | 7.73 | 18.09 | 22.85 |
| Borrowings | 0.96 | 47.49 | 2.47 | 2.29 | 5.65 | 11.07 | 21.6 | 4.93 | 3.01 | 1.01 |
| Other Liabilities | 9.19 | 9.63 | 10.84 | 10.84 | 12.67 | 12.76 | 11.19 | 1.67 | 1.86 | 1.77 |
| Total Liabilities | 62.79 | 145.24 | 56.61 | 47.71 | 49.18 | 52.98 | 64.79 | 33.97 | 42.6 | 45.27 |
| Fixed Assets | 10.51 | 12.26 | 12.16 | 11.59 | 10.78 | 10.15 | 11.88 | 0.01 | 0.01 | 0.01 |
| CWIP | 0 | 0 | 0 | 0.85 | 2.19 | 2.35 | 8.74 | 0.8 | 1.27 | 1.29 |
| Investments | 41.77 | 35.28 | 20.18 | 7.78 | 6.33 | 6.33 | 6.5 | 13.89 | 15.82 | 15.71 |
| Other Assets | 10.51 | 97.7 | 24.27 | 27.49 | 29.88 | 34.15 | 37.67 | 19.27 | 25.5 | 28.26 |
| Total Assets | 62.79 | 145.24 | 56.61 | 47.71 | 49.18 | 52.98 | 64.79 | 33.97 | 42.6 | 45.27 |

### 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 | 13.38 | -82.89 | 16.98 | -11.22 | -3.72 | -3.65 | -0.62 | 6.69 | -2.83 | -3.55 |
| Cash from Investing Activity | -11.59 | 12.32 | 27.37 | 11.1 | 0.21 | 0.17 | -8.48 | 10.06 | -4.23 | 5.56 |
| Cash from Financing Activity | -0.8 | 68.75 | -46.22 | 0.36 | 3.14 | 3.51 | 9.36 | -16.67 | 6.92 | -2 |
| Net Cash Flow | 0.99 | -1.81 | -1.87 | 0.24 | -0.38 | 0.04 | 0.26 | 0.07 | -0.13 | 0.01 |
| Free Cash Flow | 10.48 | -85.46 | 17.19 | -12.32 | -5.18 | -3.99 | -9.69 | 16.09 | -3.31 | -3.55 |
| CFO/OP | 105 | -694 | -31 | 112 | 282 | -1300 | -2 | -537 | -1410 | -106 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 20.62 | 4.44 | 48.45 | 161.16 | 213.7 | 111.4 | 72.9 | 71.71 | 178.95 | 311.04 |
| Inventory Days | 10.31 | 90.3 | 15.12 | 289.69 | 343.02 | 125.15 | 103.16 | 29.9 | 71.89 | 680.23 |
| Days Payable | 29.94 | 4.98 | 23.59 | 306.32 | 383.78 | 107.58 | 62.86 | 34.45 | 65.67 | 459.02 |
| Cash Conversion Cycle | 0.98 | 89.76 | 39.98 | 144.53 | 172.94 | 128.97 | 113.2 | 67.16 | 185.17 | 532.25 |
| Working Capital Days | -2.96 | 34.39 | 24.11 | 157.41 | 210.42 | 122.47 | 107.85 | 85.18 | 198.6 | 280.31 |
| ROCE % | 24.28 | 10.76 | -64.03 | -24.44 | -5.37 | -1.27 | 9.84 | -1.13 | 4.27 | 11.24 |

## 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 | 48.36% | 48.4% | 49.46% | 50.58% | 49.23% | 49.3% | 49.54% | 49.13% | 51.08% | 49.75% | 49.7% | 49.28% |
| 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 | 26.36% | 27.6% | 27.79% | 27.34% | 28.22% | 26.8% | 27.05% | 27.2% | 25.41% | 26.1% | 26.75% | 27.74% |
| Others | 25.28% | 23.99% | 22.75% | 22.08% | 22.55% | 23.91% | 23.4% | 23.66% | 23.51% | 24.15% | 23.55% | 22.99% |
| No. of Shareholders | 2530 | 2628 | 2747 | 2884 | 2919 | 2778 | 2783 | 2709 | 2611 | 2644 | 2661 | 2611 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 4 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 55.6 | Buy |
| EMA (10) | 56.94 | Buy |
| SMA (20) | 57.05 | Buy |
| EMA (20) | 57.52 | Buy |
| SMA (50) | 60.85 | Sell |
| EMA (50) | 59.68 | Sell |
| SMA (100) | 60.99 | Sell |
| EMA (100) | 61.4 | Sell |
| SMA (200) | 60.63 | Sell |
| EMA (200) | 68.64 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.16 | Neutral |
| MACD (12,26,9) | -1.16 | Buy |
| Stochastic (14,3,3) | 86.92 | Sell |
| ADX (14) | 19.74 | Neutral |
| Williams %R (14) | -4.69 | Sell |
| ATR (14) | 2.81 | High Volatility |
| ROC (12) | 1.87 | Buy |
| Stoch RSI (14) | 99.62 | Sell |
| UO (7,14,28) | 51.77 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=757cded7-2534-46b0-bff5-1e8e24a07d2f.pdf) |
| 2026-09-03 | [Notice Of AGM Of The Company For The Financial Year Ended 31.03.2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c05b810-afcc-4d81-8cd0-21fee143f100.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cfe64c25-3888-4f49-b489-c31f6eea3a26.pdf) |
| 2026-08-27 | [Intimation Of Book Closure & Cut-Off-Date (Record Date) For AGM To Be Held On September 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f96a9bb-5e5a-4a04-9773-734f900e9ddb.pdf) |
| 2026-08-27 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e1db94d-2198-417f-b0f2-1c8790e72771.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=236b9e19-9719-46f4-acc4-a8b5e8e0c7e0.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21490b25-ec31-4b7b-b6e5-df82521e25b2.pdf) |
| 2026-08-14 | [Statement Of Deviation & Variation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0406ed77-8de0-4fea-ad3f-0b5e02422780.pdf) |
| 2026-08-11 | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12e9321f-eb33-418c-ab18-d0318b268570.pdf) |
| 2026-08-08 | [Board Meeting Intimation for Board Meeting Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e0714cf-e952-4741-bf7c-bffc15cce53c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Outcome Of Board Meeting - Results For June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d51c44e3-34f2-4756-825e-d6ec6cb12d6e.pdf) |
| 2026-05-30 | [Outcome Of Board Meeting - Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3f54ec97-5e59-4c17-bbd5-4d51dc4df075.pdf) |
| 2026-02-14 | [Financial Result For Qtr. And Nine Month Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59ce73dd-4fa4-4ef4-9c63-d9aa6352168e.pdf) |
| 2025-11-14 | [Submission Of Financial Results For Qtr Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68b3b79b-337b-42e0-89fb-c0ad44f563af.pdf) |
| 2025-08-14 | [Results For Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22fb1e30-d375-4ab1-9f8d-4dce3d2a4cf3.pdf) |
| 2025-05-30 | [Audited Standalone And Consolidated Financials For FY 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e8bd171-cb73-4c19-a5d0-3f8f389fe0ea.pdf) |
| 2025-02-14 | [Quarterly Results For 31 December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6117079-0224-40dc-89d5-227e44586721.pdf) |
| 2024-11-14 | [Submission Of Un-Audited Financial Results For Qtr. & Half Year Ended 30Th September 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9383c3b4-e099-4f11-8804-2744010b6130.pdf) |
| 2024-08-14 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21922b84-ba7f-4364-ac49-33a38cc29a95.pdf) |
| 2024-05-30 | [Submission Of Audited Standalone And Consolidated Financial Results For Year Ended 31 March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06115e5e-0319-4bbe-b117-6b1ff5c2f11a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Jan - Certificate under Reg.74(5) for quarter ended 31/12/2025 by RTA Cameo confirming dematerialisation. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - Certificate under Reg.74(5) for quarter ended 31/12/2025 by RTA Cameo confirming dematerialisation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aef488f7-dcbc-495f-8e8a-e51216e845d9.pdf) |
| 6 Feb - Board meeting on 14 Feb 2026 to approve unaudited Q3 and nine-month results ended 31 Dec 2025. | [Board Meeting Intimation for Intimation Of The Board Meeting As Per Regulation 29 Read With Regulation 47 Of The SEBI (LODR) Regulations, 2015. 6 Feb - Board meeting on 14 Feb 2026 to approve unaudited Q3 and nine-month results ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cb1987a7-2511-4177-8092-f447b17ad577.pdf) |
| 4 Apr - Trading window closed from April 1, 2026 until 48 hours after FY26 audited results. | [Closure of Trading Window 4 Apr - Trading window closed from April 1, 2026 until 48 hours after FY26 audited results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/54f30701-8d7a-4ab9-bdec-4eb42fac0762.pdf) |
| 4 Apr - Company confirms it is not a large corporate; initial disclosure for FY2026 not required. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 4 Apr - Company confirms it is not a large corporate; initial disclosure for FY2026 not required.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b4da77c-2c87-4778-b596-236ba3a5fdba.pdf) |
| 3 Feb - Unaudited Q3 and nine-month results to Dec 31, 2025; interim dividend Re.1/share (INR289.11 lakh). | [Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results For The Quarter And Nine Months Ended December 31, 2025. 3 Feb - Unaudited Q3 and nine-month results to Dec 31, 2025; interim dividend Re.1/share (INR289.11 lakh).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b7a4843a-ecf6-499b-8ec9-f5c0ba0cf36f.pdf) |
| 28 Jan - Board meeting on Feb 3, 2026 to approve Q3/9M Dec 31, 2025 results and consider 2nd interim dividend. | [Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results With The Limited Review Report For The Quarter And Nine Months Ended On 31St December 2025 28 Jan - Board meeting on Feb 3, 2026 to approve Q3/9M Dec 31, 2025 results and consider 2nd interim dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae9b046b-1706-490c-811d-0260909e6d94.pdf) |
| 17 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 17 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/81fadb1d-fa8c-4d2c-ae18-070227a2078d.pdf) |
| 14 Feb - Statement for quarter ended Dec 31, 2025: No deviation; INR35.37Cr warrants, INR8.84Cr received and utilized. | [Statement Of Deviation 14 Feb - Statement for quarter ended Dec 31, 2025: No deviation; INR35.37Cr warrants, INR8.84Cr received and utilized.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06b9ca26-dc51-4f78-9252-7a509a3d95f2.pdf) |
| 14 Feb - Board approved unaudited standalone & consolidated Q3/9M results to Dec 31, 2025; preferential issue INR35.37Cr (25% ₹8.84Cr received). | [Board Meeting Outcome for Outcome Of Board Meeting - Financial Results Along With Statement Of Deviation 14 Feb - Board approved unaudited standalone & consolidated Q3/9M results to Dec 31, 2025; preferential issue INR35.37Cr (25% ₹8.84Cr received).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be783f12-05c1-4826-98db-2ce67763ef8c.pdf) |
| 14 Feb - Approved unaudited Q3 & nine-month results to Dec 31, 2025; limited review attached; preferential issue INR35.37Cr. | [Financial Result For Qtr. And Nine Month Ended 31St December 2025 14 Feb - Approved unaudited Q3 & nine-month results to Dec 31, 2025; limited review attached; preferential issue INR35.37Cr.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59ce73dd-4fa4-4ef4-9c63-d9aa6352168e.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/adfd1b4c-9c93-446e-a680-a6177b41e635.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9362534-324b-46e6-911f-75d3668f7dd6.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f06ef9da-8b36-4b17-94ef-87c050405791.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e77e3345-d1f8-4cc3-b8f2-c00facda2890.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf98bdf7-a22e-477d-b48d-e7f6abc160b5.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b0c69c9-e12b-4196-881b-5e6da7fd9a94.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5ed4ef5-6f3f-4f21-aec0-c4baecd35696.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/99922fa0-9511-4573-9a4f-7d21c457fb97.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/69ead270-84c4-4418-acf7-4f51739b8da8.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25609f64-6fc8-4a47-971e-a62260274ffb.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86d21731-6665-4696-bc1b-c73126337e9e.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66884f64-0c5a-4072-9765-220c937cb08d.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67f5ca7e-b7ea-4b06-be26-ed9c96fdc0ba.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/193c0ce9-40eb-4924-be2e-d945923137cf.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a2d68dc9-2ad7-4191-8010-d1d4eff77322.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00331847-ba4a-4beb-933a-28a18361fa08.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/590006/74741590006.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512493/75751512493_16_09_22.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/590006/70249590006.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/512493/70186512493.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 2026-09-13T18:23:18.225Z.