---
title: "Sayaji Hotels Ltd (523710) — Share Price, Financials & Analysis"
symbol: "523710"
company: "Sayaji Hotels Ltd"
canonical: "https://tapetide.com/stocks/523710"
isin: "INE318C01014"
nse_symbol: "SAYAJIHOTL"
bse_code: "523710"
sector: "Leisure Services"
industry: "Hotels & Resorts"
market_cap_cr: 568.2
generated_at: "2026-09-13T19:27:33.727Z"
---

# Sayaji Hotels Ltd (523710)

Canonical page: https://tapetide.com/stocks/523710

## Company

- **NSE Symbol:** SAYAJIHOTL
- **BSE Code:** 523710
- **ISIN:** INE318C01014
- **Sector:** Leisure Services
- **Industry:** Hotels & Resorts
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2026-04-20
- **CEO:** Mr. Raoof Razak Dhanani
- **Employees:** 740
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sayajihotels.com

## About

Incorporated in 1982, Sayaji Hotels Ltd 
is in the business of owning, operating 
& managing hotels[1]

## Latest Price

- **Price:** ₹326.8
- **Change:** +1.6 (+0.49%)
- **Open:** ₹324.35
- **Day High:** ₹330
- **Day Low:** ₹315
- **Previous Close:** ₹325.2
- **Volume:** 308
- **As Of:** 2026-09-11T10:01:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:32:19.031235Z.

- **Market Cap:** ₹568.2 Cr
- **Classification:** Microcap
- **P/E (reported):** -630.6
- **P/E (TTM):** 53.4
- **EPS (TTM):** ₹6.12
- **Book Value:** ₹88.67
- **Price to Book:** 3.63
- **Dividend Yield:** 0%
- **ROE:** -4.07%
- **ROCE:** 4.09%
- **Debt to Equity:** 1.85
- **Revenue (yearly):** ₹153.2 Cr
- **Net Income:** ₹-6.3 Cr
- **EBITDA:** ₹43.7 Cr
- **52-Week High:** ₹365.2
- **52-Week Low:** ₹265.5
- **RSI (14):** 52.39

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 11.7%

### Weaknesses

- Stock is trading at 8.49 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 11.7% over last 3 years.
- Earnings include an other income of Rs.18.6 Cr.
- Debtor days have increased from 30.4 to 41.3 days.
- Promoter holding has decreased over last 3 years: -8.13%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 56.59% | -6.89% | 30.33% |
| ebitda margin growth | -63.9% | 3.44% | -20.79% | -12.64% |
| net income growth | -95.08% | -400% | -144.06% | 12% |
| revenue growth | -51.28% | 8.12% | 9% | 15% |
| roce | -76.24% | -23.84% | -68.15% | 10.27% |
| roe | -95.05% | -413.08% | 2.09% | -126.46% |

## 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 | 22.03 | 31.52 | 33.76 | 27.96 | 28.13 | 42.54 | 39.65 | 35.53 | 31.67 | 43.94 | 37.65 | 20 |
| Expenses | 16.72 | 19.93 | 21.27 | 19.78 | 22.81 | 29.32 | 30.74 | 27.11 | 27.12 | 29.22 | 26.4 | 17.35 |
| Operating Profit | 5.31 | 11.59 | 12.49 | 8.18 | 5.32 | 13.22 | 8.91 | 8.42 | 4.55 | 14.72 | 11.25 | 2.65 |
| OPM % | 24.1 | 36.77 | 37 | 29.26 | 18.91 | 31.08 | 22.47 | 23.7 | 14.37 | 33.5 | 29.88 | 13.25 |
| Other Income | 1.04 | 0.94 | 1.87 | 0.89 | 0.65 | 0.55 | 1.14 | 0.75 | 0.75 | 0.75 | 13.25 | 3.87 |
| Interest | 2.09 | 1.41 | 1.82 | 1.84 | 1.78 | 3.11 | 3.72 | 3.38 | 3.37 | 3.47 | 3.54 | 2.63 |
| Depreciation | 2.77 | 2.81 | 3.02 | 3.3 | 3.36 | 3.81 | 4.83 | 6.11 | 6.38 | 6.11 | 7.27 | 4.29 |
| Profit before tax | 1.49 | 8.31 | 9.52 | 3.93 | 0.83 | 6.85 | 1.5 | -0.32 | -4.45 | 5.89 | 13.69 | -0.4 |
| Tax % | 89.26 | 16.13 | 12.71 | 31.81 | 1.2 | 26.72 | -12.67 | -12.5 | -26.07 | 20.37 | 27.03 | 62.5 |
| Net Profit | 0.16 | 6.98 | 8.31 | 2.68 | 0.82 | 5.01 | 1.7 | -0.29 | -3.29 | 4.68 | 9.98 | -0.65 |
| EPS in Rs | 0.09 | 3.99 | 4.75 | 1.53 | 0.47 | 2.86 | 0.97 | -0.17 | -1.88 | 2.67 | 5.7 | -0.37 |

### 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 | 192 | 218 | 210 | 75 | 161 | 115 | 112 | 138 | 149 | 133 |
| Expenses | 164 | 182 | 162 | 64 | 114 | 82 | 75 | 103 | 109 | 100 |
| Operating Profit | 28 | 36 | 48 | 12 | 47 | 33 | 37 | 36 | 39 | 33 |
| OPM % | 15 | 17 | 23 | 15 | 29 | 29 | 33 | 26 | 26 | 25 |
| Other Income | 2 | 0 | -1 | 8 | 28 | 51 | 5 | 3 | 16 | 19 |
| Interest | 14 | 16 | 22 | 20 | 18 | 8 | 7 | 10 | 14 | 13 |
| Depreciation | 20 | 20 | 29 | 26 | 23 | 10 | 11 | 15 | 26 | 24 |
| Profit before tax | -4 | 0 | -4 | -27 | 34 | 67 | 23 | 13 | 15 | 15 |
| Tax % | 12 | 4500 | -52 | -19 | 21 | 19 | 21 | 22 | 25 | — |
| Net Profit | -4 | -3 | -2 | -22 | 26 | 54 | 18 | 10 | 11 | 11 |
| EPS in Rs | -2.42 | -1.77 | -1.03 | -12.42 | 15.12 | 30.86 | 10.41 | 5.83 | 6.34 | 6.12 |
| 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 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 62 | 56 | 53 | 51 | 30 | 58 | 113 | 29 | 39 | 50 |
| Borrowings | 111 | 112 | 108 | 87 | 159 | 121 | 87 | 55 | 150 | 126 |
| Other Liabilities | 54 | 58 | 62 | 134 | 55 | 50 | 42 | 15 | 22 | 23 |
| Total Liabilities | 245 | 244 | 240 | 289 | 262 | 246 | 259 | 116 | 228 | 217 |
| Fixed Assets | 156 | 147 | 145 | 209 | 188 | 166 | 150 | 51 | 155 | 134 |
| CWIP | 0 | 0 | 2 | 0 | 0 | 0 | 1 | 1 | 1 | 7 |
| Investments | 20 | 20 | 13 | 13 | 7 | 7 | 14 | 16 | 6 | 14 |
| Other Assets | 70 | 77 | 81 | 67 | 68 | 74 | 94 | 48 | 67 | 61 |
| Total Assets | 245 | 244 | 240 | 289 | 262 | 246 | 259 | 116 | 228 | 217 |

### 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 | 32 | 25 | 36 | 42 | 14 | 37 | 33 | 48 | 28 | 44 |
| Cash from Investing Activity | -7 | -11 | -19 | -3 | 5 | 23 | 14 | 4 | -33 | -33 |
| Cash from Financing Activity | -12 | -14 | -28 | -35 | -25 | -51 | -52 | -51 | 7 | -12 |
| Net Cash Flow | 14 | 0 | -11 | 5 | -6 | 9 | -5 | 1 | 1 | -1 |
| Free Cash Flow | 18 | 13 | 17 | 36 | 12 | 36 | 29 | 47 | -12 | 14 |
| CFO/OP | 126 | 91 | 107 | 92 | 121 | 89 | 159 | 146 | 90 | 126 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 15 | 17 | 15 | 9 | 17 | 15 | 31 | 23 | 27 | 41 |
| Inventory Days | — | 149 | — | — | — | 125 | 162 | 56 | 109 | 102 |
| Days Payable | — | 103 | — | — | — | 115 | 236 | 116 | 105 | 73 |
| Cash Conversion Cycle | 15 | 63 | 15 | 9 | 17 | 24 | -43 | -37 | 31 | 71 |
| Working Capital Days | -38 | -30 | -37 | -25 | -94 | -12 | 9 | 18 | -34 | 10 |
| ROCE % | 5 | 5 | 10 | 14 | -4 | 26 | 24 | 19 | 15 | 8 |

## 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 | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 74.95% | 65.84% | 65.84% | 66.82% | 66.82% | 66.82% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 6.75% | 6.75% | 6.75% | 6.71% | 6.71% | 6.69% | 6.74% | 15.83% | 15.85% | 14.88% | 14.81% | 19.39% |
| Others | 18.27% | 18.28% | 18.28% | 18.31% | 18.32% | 18.33% | 18.29% | 18.31% | 18.29% | 18.28% | 18.34% | 13.76% |
| No. of Shareholders | 3836 | 3916 | 3870 | 3890 | 3722 | 3723 | 3814 | 3767 | 3731 | 3682 | 3617 | 3585 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 7 / 1

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 315.8 | Buy |
| EMA (10) | 318.58 | Buy |
| SMA (20) | 319.26 | Buy |
| EMA (20) | 317.53 | Buy |
| SMA (50) | 312.01 | Buy |
| EMA (50) | 306.5 | Buy |
| SMA (100) | 278.83 | Buy |
| EMA (100) | 275.03 | Buy |
| SMA (200) | 199.24 | Buy |
| EMA (200) | 227.93 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 54.79 | Neutral |
| MACD (12,26,9) | 2.07 | Sell |
| Stochastic (14,3,3) | 40.17 | Neutral |
| ADX (14) | 14.02 | Neutral |
| Williams %R (14) | -48.79 | Neutral |
| ATR (14) | 19.42 | High Volatility |
| ROC (12) | 2.09 | Buy |
| Stoch RSI (14) | 75.48 | Neutral |
| UO (7,14,28) | 52.36 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d30b7b37-af0e-4031-bccd-6fd10ba22ab8.pdf) |
| 2026-09-04 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=146a8972-76ce-4b18-ae4d-e12fe5d4fb4c.pdf) |
| 2026-08-25 | [Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 Of Entering Into Hotel Management Agreement.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed12b796-c8df-47bd-84a0-6a468803ee9f.pdf) |
| 2026-08-18 | [Intimation For Dispatch Of Letters To The Shareholders](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3e65fbe6-6385-4d50-a835-f9d8053b5983.pdf) |
| 2026-08-13 | [Newspaper Publication Of "Post Dispatch Of Notice Of AGM"](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=670f3c49-908a-4b88-bd13-ac8e3415b6c0.pdf) |
| 2026-08-11 | [Submission Of Notice Convening The 43Rd Annual General Meeting (AGM) Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1422a944-4a7c-499a-ab52-3aa2eb933d30.pdf) |
| 2026-08-11 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a750528-5e83-4586-b769-44a38c3ed9b0.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbd7e23b-84e3-4092-a9cd-f3cb34f13097.pdf) |
| 2026-08-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b21072b4-0913-4f84-a395-10cf7b9a73ed.pdf) |
| 2026-08-06 | [Board Meeting Outcome for Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2d85721-68f9-4e6b-a7d7-06e0a3d483be.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-06 | [Quick Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69e722f0-d33b-4cb3-86c6-2c892a1ea0da.pdf) |
| 2026-05-16 | [Quick Result](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a041677-7930-4c8f-bbb9-2bc0d6c16dfd.pdf) |
| 2026-02-10 | [Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ad741c6-6fa8-49b1-845a-906e9fc5bfb1.pdf) |
| 2025-11-13 | [Results - Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9b811e8-5735-4e19-8cea-063dfacce4c2.pdf) |
| 2025-08-13 | [Unaudited Standalone And Consolidated Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=691fe64e-ea07-453c-9ec9-04a4f395badf.pdf) |
| 2025-05-30 | [Quick Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b5d2378-632c-4aaa-b563-27ff7db2d0c5.pdf) |
| 2023-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb56eab3-f93e-4d69-9c70-0dbad07704ed.pdf) |
| 2023-06-07 | [Board Meeting Outcome for Revised Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5dbf13bc-c541-46ea-b6a1-f1f67eef23b7.pdf) |
| 2023-05-29 | [Board Meeting Outcome for Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfbe10f9-53a5-4dcd-8c7a-e7b870ce2393.pdf) |
| 2023-02-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7bf3139-b432-427b-a268-3317248042ce.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - Sayaji to manage 101-key Raipur hotel under 15-year agreement with Vicon Imperial, commencing by 1 April 2026. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 9 Mar - Sayaji to manage 101-key Raipur hotel under 15-year agreement with Vicon Imperial, commencing by 1 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1bfe1fa-979e-4fb6-983f-80a5085e862e.pdf) |
| 9 Mar - Sayaji signs 10-year management agreement to operate 63-room Hotel KC Villas as 'Enrise' brand. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 9 Mar - Sayaji signs 10-year management agreement to operate 63-room Hotel KC Villas as 'Enrise' brand.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a15f1324-6eaf-4243-89f2-cafc5c3d6af7.pdf) |
| 7 Mar - Lease termination effective 31 March 2026 for Sayaji Raipur; contributed 26.08% turnover, 19.84% EBITDA. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 7 Mar - Lease termination effective 31 March 2026 for Sayaji Raipur; contributed 26.08% turnover, 19.84% EBITDA.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/872ca4cd-7cf8-4934-bedf-55f54889892d.pdf) |
| 7 Feb - Re-appointment of Mrs. Suchitra Dhanani as Whole-Time Director from 6 Feb 2026 to 5 Feb 2029. | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Reappointment Of Director. 7 Feb - Re-appointment of Mrs. Suchitra Dhanani as Whole-Time Director from 6 Feb 2026 to 5 Feb 2029.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19e1fc5e-7b02-4042-8739-f7d61ef9bd8d.pdf) |
| 7 Apr - Shareholders approved Mr. Kayum Razak Dhanani as Non-Executive Non-Independent Director on 7 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 7 Apr - Shareholders approved Mr. Kayum Razak Dhanani as Non-Executive Non-Independent Director on 7 April 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=551e1b2c-321c-4f4a-bc75-c8242399a6d1.pdf) |
| 7 Apr - Shareholders approved Mr. Kayum Razak Dhanani as Non-Executive Non-Independent Director on 7 April 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 7 Apr - Shareholders approved Mr. Kayum Razak Dhanani as Non-Executive Non-Independent Director on 7 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/551e1b2c-321c-4f4a-bc75-c8242399a6d1.pdf) |
| 7 Apr - On 7 Apr 2026, Sayaji Hotels signed a Bengaluru hotel management agreement for a 59-key 4-star Enrise property. | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 Of Entering Into Hotel Management Agreement. 7 Apr - On 7 Apr 2026, Sayaji Hotels signed a Bengaluru hotel management agreement for a 59-key 4-star Enrise property.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d70d1a30-b62c-4eaf-9b5a-a17070926bfc.pdf) |
| 6 Feb - Copies of newspaper publication regarding unaudited financial results for quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Copies of newspaper publication regarding unaudited financial results for quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c2ac88f8-e111-4caa-acbc-190d4145bedf.pdf) |
| 6 Feb - Copies of newspaper publication regarding information and record date for interim dividend for the Financial Year 2025-26. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Copies of newspaper publication regarding information and record date for interim dividend for the Financial Year 2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d10b1af-056d-40cb-ae25-64ae762a893c.pdf) |
| 6 Apr - Sayaji Hotels wins land allotment for Iconic Wellness Centre project at Sector-39, Nava Raipur. | [Intimation Under Regulation 30 In Terms Of Para B Of Part A Of Schedule III Of SEBI (LODR) Regulations, 2015. 6 Apr - Sayaji Hotels wins land allotment for Iconic Wellness Centre project at Sector-39, Nava Raipur.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ad89793-1a00-4659-8509-1375e3f2a188.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a750528-5e83-4586-b769-44a38c3ed9b0.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/07fa1101-317e-4120-8479-f819f66a8c26.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59b44046-fd74-4ae5-b878-32dec5510085.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9045abb-ad59-41e5-93c6-9f8993918f1c.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c705da1-b971-4740-a36f-6ce90ad4470b.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73bce19b-7516-4012-9798-487078057052.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd319ac6-448a-4f5d-bc8c-6bb11516233c.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500480/73756500480.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523710/76229523710.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500480/68953500480.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2019 | [Concall - Oct 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f44d738-865a-43a3-b623-597e15613023.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cff3233e-af87-4950-a2ef-46ee79205bc7.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00922442-0b76-4833-bae8-2b35c0b10771.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0fe2a16-39c7-45b9-8a35-416b193ef849.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20a89fc3-7734-4018-ba98-7516a257e4bc.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a201d673-43cc-4b9c-b407-324024dcdd3a.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c650971-e14b-4137-93b2-420858609288.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3605abeb-852a-41df-a72a-eb1332332152.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f001b845-e269-4990-8458-a75dab9f40af.pdf) |
| May 2021 | [Concall - May 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bda1029a-d5e4-4849-a36f-1ca39d8a99b9.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 2026-09-13T19:27:33.727Z.