---
title: "Smiths & Founders (India) Ltd (513418) — Share Price, Financials & Analysis"
symbol: "513418"
company: "Smiths & Founders (India) Ltd"
canonical: "https://tapetide.com/stocks/513418"
isin: "INE728B01032"
nse_symbol: "SMITHSFOUNDERSINDIALTD"
bse_code: "513418"
sector: "Industrial Products"
industry: "Castings & Forgings"
market_cap_cr: 109.5
generated_at: "2026-09-13T19:07:14.521Z"
---

# Smiths & Founders (India) Ltd (513418)

Canonical page: https://tapetide.com/stocks/513418

## Company

- **NSE Symbol:** SMITHSFOUNDERSINDIALTD
- **BSE Code:** 513418
- **ISIN:** INE728B01032
- **Sector:** Industrial Products
- **Industry:** Castings & Forgings
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** smithsandfoundersindia.com

## About

Incorporated in 1990, Smiths & Founders Ltd 
is engaged in the business of ferrous forgings.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:36:48.343048Z.

- **Market Cap:** ₹109.5 Cr
- **Classification:** Microcap
- **P/E (reported):** 82.6
- **EPS (TTM):** ₹0.13
- **EPS (reported):** ₹0.07
- **Book Value:** ₹0.6
- **Price to Book:** 17.76
- **Dividend Yield:** 0%
- **ROE:** 6.4%
- **ROCE:** 8.27%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹14 Cr
- **Net Income:** ₹1.4 Cr
- **EBITDA:** ₹1.2 Cr
- **52-Week High:** ₹16.1
- **52-Week Low:** ₹3.8
- **RSI (14):** 29.21

## Tapetide Score

- **Score:** 56 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 74.1 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 87.81 | 9% |
| growth | 43.3 | 9% |
| momentum | 98.9 | 12% |
| ownership | 50 | 24% |
| quality | 68.25 | 22% |
| valuation | 22.93 | 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 5.09 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 9.65% over past five years.
- Promoter holding is low: 28.7%
- Company has a low return on equity of 3.28% over last 3 years.
- Earnings include an other income of Rs.1.00 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -5.88% | 64.1% | -15.79% |
| ebitda margin growth | -55.56% | -36.69% | -11.11% | -52.44% |
| net income growth | -50% | 40% | 5% | -16% |
| revenue growth | -26.67% | 5.26% | 10% | 10% |
| roce | — | 13.91% | 100.73% | 8.76% |
| roe | — | 21.67% | 5% | -78.33% |

## 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 | 2.36 | 2.94 | 3.13 | 3.11 | 3.63 | 3.22 | 3.25 | 3.23 | 3.82 | 3.4 | 3.54 | 3.22 |
| Expenses | 2.2 | 2.73 | 2.75 | 2.72 | 3.19 | 2.77 | 2.8 | 2.87 | 3.41 | 3.01 | 3.55 | 2.86 |
| Operating Profit | 0.16 | 0.21 | 0.38 | 0.39 | 0.44 | 0.45 | 0.45 | 0.36 | 0.41 | 0.39 | -0.01 | 0.36 |
| OPM % | 6.78 | 7.14 | 12.14 | 12.54 | 12.12 | 13.98 | 13.85 | 11.15 | 10.73 | 11.47 | -0.28 | 11.18 |
| Other Income | 0.05 | 0.02 | 0.02 | 0.03 | 0.02 | 0.02 | 0 | 0.02 | 0 | 0 | 0.95 | 0.05 |
| Interest | 0.06 | 0.07 | 0.07 | 0.05 | 0.04 | 0.03 | 0.01 | 0 | 0 | 0 | 0.02 | 0 |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.06 |
| Profit before tax | 0.09 | 0.1 | 0.27 | 0.31 | 0.36 | 0.38 | 0.38 | 0.32 | 0.34 | 0.32 | 0.85 | 0.35 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.75 | 35.29 | 28.12 | 27.06 | 25.71 |
| Net Profit | 0.08 | 0.1 | 0.27 | 0.31 | 0.36 | 0.37 | 0.37 | 0.26 | 0.23 | 0.24 | 0.62 | 0.26 |
| EPS in Rs | 0.01 | 0.01 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.06 | 0.03 |

### 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 | 8.83 | 10.16 | 8.08 | 8.82 | 11.03 | 10.46 | 11.66 | 13.22 | 13.98 | 13.98 |
| Expenses | 8.4 | 10.67 | 8.45 | 7.9 | 9.26 | 9.66 | 10.63 | 11.49 | 12.75 | 12.83 |
| Operating Profit | 0.43 | -0.51 | -0.37 | 0.92 | 1.77 | 0.8 | 1.03 | 1.73 | 1.23 | 1.15 |
| OPM % | 4.87 | -5.02 | -4.58 | 10.43 | 16.05 | 7.65 | 8.83 | 13.09 | 8.8 | 8.23 |
| Other Income | 0.01 | 0.04 | 0.03 | 0.44 | 0.27 | 0.01 | 0.11 | 0.07 | 0.9 | 1 |
| Interest | 0.26 | 0.29 | 0.4 | 0.43 | 0.35 | 0.32 | 0.26 | 0.13 | 0.02 | 0.02 |
| Depreciation | 0.26 | 0.29 | 0.32 | 0.25 | 0.24 | 0.24 | 0.24 | 0.25 | 0.26 | 0.27 |
| Profit before tax | -0.08 | -1.05 | -1.06 | 0.68 | 1.45 | 0.25 | 0.64 | 1.42 | 1.85 | 1.86 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.06 | 25.95 | — |
| Net Profit | -0.08 | -1.05 | -1.06 | 0.68 | 1.45 | 0.24 | 0.63 | 1.05 | 1.36 | 1.35 |
| EPS in Rs | -0.01 | -0.1 | -0.1 | 0.07 | 0.14 | 0.02 | 0.06 | 0.1 | 0.13 | 0.13 |
| 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 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 | 10.2 |
| Reserves | -5.04 | -5.12 | -6.23 | -7.28 | -6.65 | -5.29 | 8.07 | 8.74 | 9.68 | 11.1 |
| Borrowings | 2.26 | 2.2 | 3.87 | 4.74 | 4.75 | 2.82 | 2.91 | 2.25 | 0.41 | 0 |
| Other Liabilities | 1.13 | 2 | 1.56 | 1.56 | 1.42 | 1.35 | 1.64 | 1.75 | 2.01 | 2.12 |
| Total Liabilities | 8.55 | 9.28 | 9.4 | 9.22 | 9.72 | 9.08 | 22.82 | 22.94 | 22.3 | 23.42 |
| Fixed Assets | 5.85 | 5.87 | 6.28 | 6.17 | 5.81 | 5.67 | 18.76 | 18.85 | 18.85 | 18.7 |
| CWIP | 0 | 0.03 | 0.06 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 2.7 | 3.38 | 3.06 | 3.05 | 3.91 | 3.41 | 4.06 | 4.09 | 3.45 | 4.72 |
| Total Assets | 8.55 | 9.28 | 9.4 | 9.22 | 9.72 | 9.08 | 22.82 | 22.94 | 22.3 | 23.42 |

### 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 | -1.8 | -0.18 | -0.27 | -0.4 | -0.04 | 2.28 | 0.38 | 1.17 | 2.04 | 1.92 |
| Cash from Investing Activity | 1.64 | -0.34 | -0.75 | -0.16 | 0.47 | 0.08 | -0.21 | -0.27 | -0.24 | -0.14 |
| Cash from Financing Activity | 0.22 | -0.3 | -0.41 | 0.6 | -0.33 | -0.51 | -0.22 | -0.92 | -1.79 | -0.43 |
| Net Cash Flow | 0.05 | -0.81 | -1.43 | 0.03 | 0.1 | 1.85 | -0.05 | -0.02 | 0.01 | 1.35 |
| Free Cash Flow | -0.33 | -0.49 | -1 | -0.55 | 0.4 | 2.35 | 0.16 | 0.86 | 1.78 | 1.74 |
| CFO/OP | 360 | -42 | 53 | 108 | -4 | 129 | 48 | 114 | 127 | 169 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 55.26 | 40.92 | 33.77 | 44.72 | 67.45 | 21.18 | 40.48 | 56.35 | 46.38 | 47 |
| Inventory Days | 118.19 | 232.27 | 129.47 | 182.5 | 203.14 | 216.98 | 213.54 | 135.75 | 84.9 | 70.59 |
| Days Payable | 31.29 | 93.62 | 13.26 | 21.73 | 11.95 | 10.11 | 13.24 | 6.23 | 3.1 | 4.22 |
| Cash Conversion Cycle | 142.16 | 179.58 | 149.98 | 205.5 | 258.65 | 228.04 | 240.77 | 185.86 | 128.18 | 113.36 |
| Working Capital Days | -0.48 | 34.31 | -27.66 | -3.16 | 38.9 | 77.77 | 77.47 | 79.51 | 60.47 | 59.53 |
| ROCE % | -9.15 | 2.45 | -10.19 | -8.52 | 13.91 | 22.33 | 3.94 | 4.06 | 7.47 | 4.86 |

## 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 | 28.69% | 28.69% | 28.69% | 28.69% | 28.69% | 28.69% | 28.69% | 28.69% | 28.69% | 28.69% | 28.69% | 28.69% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 10.82% | 10.83% | 10.61% | 10.4% | 10.73% | 10.83% | 10.83% | 10.87% | 10.46% | 10.48% | 10.96% | 11.05% |
| Others | 60.48% | 60.48% | 60.69% | 60.91% | 60.58% | 60.48% | 60.48% | 60.44% | 60.85% | 60.83% | 60.34% | 60.26% |
| No. of Shareholders | 16659 | 16751 | 17104 | 17605 | 17663 | 18092 | 18158 | 18092 | 17842 | 17788 | 17624 | 17277 |

## 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 Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 11.32 | Sell |
| EMA (10) | 11.33 | Sell |
| SMA (20) | 12.16 | Sell |
| EMA (20) | 11.86 | Sell |
| SMA (50) | 12.11 | Sell |
| EMA (50) | 11.55 | Sell |
| SMA (100) | 9.34 | Buy |
| EMA (100) | 10.05 | Buy |
| SMA (200) | 7.14 | Buy |
| EMA (200) | 8.34 | Buy |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 28.23 | Buy |
| MACD (12,26,9) | -0.49 | Sell |
| Stochastic (14,3,3) | 1.54 | Buy |
| ADX (14) | 30.61 | Buy |
| Williams %R (14) | -95.39 | Buy |
| ATR (14) | 0.33 | High Volatility |
| ROC (12) | -16.3 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 22.84 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-07-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e575c596-af97-4753-bc79-b9302bca6635.pdf) |
| 2026-07-24 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92a5820b-c922-40a8-a4eb-cbc3b252a72a.pdf) |
| 2026-07-24 | [Board Meeting Outcome for Board Meeting Outcome For Intimation Of Outcome Of The Board Meeting Held On 24.07.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e391992d-4df4-4946-a1d5-e18ddbf444ee.pdf) |
| 2026-07-24 | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5ce0481-b7c0-470c-bb00-a74dff71052c.pdf) |
| 2026-07-24 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5617b39-ce61-4ca6-83dc-3048e30406d6.pdf) |
| 2026-07-24 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbb8e6ec-2933-45d2-8c40-bda4de91adfb.pdf) |
| 2026-07-17 | [Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a46ba1d3-e3a0-49fa-8f3b-49bb75ce2f69.pdf) |
| 2026-07-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87efcd4b-6626-426d-8e9b-69f3765ea22f.pdf) |
| 2026-07-02 | [Communication To The Shareholders On Weblink Of Notice Of 35Th Annual General Meeting And Annual Report For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=30c909bf-4f86-464a-81e8-1223a2de28bd.pdf) |
| 2026-07-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e8d1df3-00c3-4234-9c68-2706a33e8ab5.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-24 | [Unaudited Financial Results For Quarter Ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef67bd7a-de13-447d-95f0-46a909e4f817.pdf) |
| 2026-05-30 | [Revised Financial Results For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4119cf0-2240-45f3-9f7a-e0337393c317.pdf) |
| 2026-05-25 | [Audited Financial Results For Quarter And Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9e3d3724-36c2-4ac9-8c21-470090ae74a4.pdf) |
| 2026-01-30 | [Unaudited Financial Results For Quarter Ended 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=964ce038-012a-4a61-9fd8-7345e3063ead.pdf) |
| 2025-11-03 | [Unaudited Financial Results Along With Statement Of Assets And Liabilities And Cash Flow Statement For Quarter And Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0602dc0-482a-4ac9-bc04-809d0c3bb371.pdf) |
| 2025-07-31 | [Un-Audited Financial Results For Quarter Ended 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9f9e26a-6d27-4981-a201-f1c331dc281f.pdf) |
| 2025-05-07 | [Audited Financial Results For Quarter And Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c20907f-5277-4601-aa71-abff83191a2f.pdf) |
| 2025-02-03 | [Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended On 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5af2762d-62d0-466d-8698-7b12e6e03444.pdf) |
| 2024-11-14 | [Unaudited Financial Results Along With Statement Of Assets And Liabilities And Cash Flow Statement For Quarter And Half Year Ended 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25c4b291-5986-4693-a232-a3206b90f5fa.pdf) |
| 2024-08-12 | [Un-Audited Financial Results For Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dad2ff05-09cb-4ce9-b016-4f41bde73b03.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce400a6a-5b10-4345-9dc6-48768f08fe82.pdf) |
| 5 Feb - Board meeting 13 Feb 2026 to approve Q3/9M un-audited results for period ended 31 Dec 2025. | [Board Meeting Intimation for Board Meeting Intimation For Board Meeting On 13.02.2026 5 Feb - Board meeting 13 Feb 2026 to approve Q3/9M un-audited results for period ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c2083e7-b26f-42fb-b26b-184fd5e014af.pdf) |
| 31 Jan - Results as on 31.12.2025 in the Newspapers viz.- Kannada Prabha and Business Standard. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 31 Jan - Results as on 31.12.2025 in the Newspapers viz.- Kannada Prabha and Business Standard.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f24688d-e47b-4a7a-9b9c-7da11d98b792.pdf) |
| 30 Jan - Board approved unaudited results for quarter/nine months ended 31-Dec-2025; Q3 sales Rs33,562 lakh; limited review. | [Board Meeting Outcome for Board Meeting Outcome For Meeting Held On 30.01.2026 30 Jan - Board approved unaudited results for quarter/nine months ended 31-Dec-2025; Q3 sales Rs33,562 lakh; limited review.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3320a5e9-48a8-464d-8286-593080d31e72.pdf) |
| 27 Apr - Company confirmed it is not a Large Corporate as on March 31, 2026. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 27 Apr - Company confirmed it is not a Large Corporate as on March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9311c5a-0a16-4fc1-891d-49441e130e92.pdf) |
| 23 Jan - Board meeting on 30 Jan 2026 to approve unaudited results for quarter and nine months ended Dec 31, 2025. Checklist: - Read and identify event … | [Board Meeting Intimation for Consideration And Approval Of The Un-Audited Financial Results For The Quarter And Nine Months Ended December 31, 2025 23 Jan - Board meeting on 30 Jan 2026 to approve unaudited results for quarter and nine months ended Dec 31, 2025. Checklist: - Read and identify event …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da2808b4-4e51-464d-9bb3-e52d446e0d13.pdf) |
| 15h - Relocated Unnao manufacturing unit inaugurated March 5, 2026; 1,01,400 MT capacity, Rs.12 crore investment financed internally. | [Inauguration Of Relocated Manufacturing Unit Of The Company At Village - Chaktaliya Moodh, Pargana Asoha, Tehsil Purwa, District- Unnao, Uttar Pradesh 15h - Relocated Unnao manufacturing unit inaugurated March 5, 2026; 1,01,400 MT capacity, Rs.12 crore investment financed internally.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/039327a2-bead-4aea-ba59-c7c706f917e5.pdf) |
| 13h - Company confirmed it is not a Large Corporate as on March 31, 2026. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 13h - Company confirmed it is not a Large Corporate as on March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b9311c5a-0a16-4fc1-891d-49441e130e92.pdf) |
| 13 Jan - Summary report on special window re-lodgement of shares (Dec 1, 2025–Jan 6, 2026) submitted to exchanges. | [Summary Of The Report On Special Window Re-Lodgement Of Shares- From 1St December, 2025 To 6Th January, 2026. 13 Jan - Summary report on special window re-lodgement of shares (Dec 1, 2025–Jan 6, 2026) submitted to exchanges.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecf31982-4cba-499b-a3f0-8083363152bc.pdf) |
| 13 Feb - Approved Q3 and nine-month unaudited results: consolidated net profit Rs1,730.89 lakh (Q3), Rs4,715.77 lakh (9M) | [Un-Audited Financial Results-31.12.2025 13 Feb - Approved Q3 and nine-month unaudited results: consolidated net profit Rs1,730.89 lakh (Q3), Rs4,715.77 lakh (9M)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9299f99-4dcd-4b87-8d7b-1cd3599927c5.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1527_ARIES_2012_2013_06092013130045.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e8d1df3-00c3-4234-9c68-2706a33e8ab5.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f03a3f07-2bfd-4ed1-a8aa-61cf3fca933d.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8066525-7577-45b3-8dd2-ad2e32dc49e0.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/30b3e882-1bdd-4218-b096-7e8eee7eac3d.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a675c285-c537-4174-8a31-c6ca88168011.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eac24ddd-007e-4d28-83c1-9a73794d8f47.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/94b134e9-cb2b-479d-96bf-9a802e88afd7.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532935/75239532935.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/513418/76652513418.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25cbc957-99d9-4f67-9a61-fd080703cb18.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1775725-4786-4c9f-aa05-0869a946812c.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e5fe8f8-b703-4aee-b3fb-50381b3cada2.pdf) |
| Mar 2019 | [Concall - Mar 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bfc3c36a-a138-4b80-862a-b88c2a788222.pdf) |
| Dec 2018 | [Concall - Dec 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/12/082e8d39-5b12-45dc-ad98-c315d411187b.pdf) |
| Aug 2019 | [Concall - Aug 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c2614c8-7290-4d0e-b750-a64667ceb5e3.pdf) |

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