---
title: "Axtel Industries Ltd (523850) — Share Price, Financials & Analysis"
symbol: "523850"
company: "Axtel Industries Ltd"
canonical: "https://tapetide.com/stocks/523850"
isin: "INE767C01012"
nse_symbol: "AXTEL"
bse_code: "523850"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 673.41
generated_at: "2026-09-13T18:37:34.282Z"
---

# Axtel Industries Ltd (523850)

Canonical page: https://tapetide.com/stocks/523850

## Company

- **NSE Symbol:** AXTEL
- **BSE Code:** 523850
- **ISIN:** INE767C01012
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-17
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** axtelindia.com

## About

Incorporated in 1991, Axtel Industries Ltd manufactures custom-designed food processing plants and machinery as per client's requirements[1]

## Latest Price

- **Price:** ₹440.2
- **Change:** +15.1 (+3.55%)
- **Open:** ₹425.5
- **Day High:** ₹448
- **Day Low:** ₹413
- **Previous Close:** ₹425.1
- **Volume:** 20070
- **As Of:** 2026-09-11T09:59:49+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:57.357536Z.

- **Market Cap:** ₹673.41 Cr
- **Classification:** Microcap
- **P/E (reported):** 22.1
- **P/E (TTM):** 22.78
- **EPS (TTM):** ₹19.32
- **Book Value:** ₹77.16
- **Price to Book:** 5.54
- **Dividend Yield:** 2.82%
- **ROE:** 25%
- **ROCE:** 31.98%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹229.7 Cr
- **Net Income:** ₹31.2 Cr
- **EBITDA:** ₹46.6 Cr
- **52-Week High:** ₹454.8
- **52-Week Low:** ₹385
- **RSI (14):** 2.55

## Tapetide Score

- **Score:** 66 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 97.4 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 76.17 | 9% |
| growth | 85.9 | 9% |
| momentum | 26.58 | 12% |
| ownership | 55.42 | 24% |
| quality | 82.11 | 22% |
| valuation | 66.03 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 63.6%

### Weaknesses

- The company has delivered a poor sales growth of 7.85% over past five years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 125.85% | 82.29% | 732.94% |
| ebitda margin growth | -76.54% | 30.55% | -2.64% | 48.07% |
| net income growth | -82.14% | 73.33% | 15% | 4% |
| revenue growth | -53.21% | 25.38% | 8% | 8% |
| roce | — | 64.59% | -16.54% | 27.34% |
| roe | — | 70.07% | 22.71% | 46.11% |

## 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 | 69.47 | 53.79 | 52.16 | 44.7 | 55.84 | 40.41 | 37.61 | 27.22 | 67.34 | 58.63 | 70.57 | 32.31 |
| Expenses | 52.86 | 41.11 | 44.44 | 39.22 | 46.96 | 35.45 | 33.09 | 25.7 | 54.16 | 47.81 | 55.4 | 29.78 |
| Operating Profit | 16.61 | 12.68 | 7.72 | 5.48 | 8.88 | 4.96 | 4.52 | 1.52 | 13.18 | 10.82 | 15.17 | 2.53 |
| OPM % | 23.91 | 23.57 | 14.8 | 12.26 | 15.9 | 12.27 | 12.02 | 5.58 | 19.57 | 18.45 | 21.5 | 7.83 |
| Other Income | 1.09 | 0.75 | 0.6 | 0.91 | 1.31 | 1.07 | 1.37 | 1.84 | 1.63 | 1.44 | 1.02 | 1.23 |
| Interest | 0.42 | 0.49 | 0.4 | 0.18 | 0.12 | 0.1 | 0.28 | 0.07 | -0.02 | 0.09 | 0.11 | 0.1 |
| Depreciation | 0.53 | 0.77 | 0.98 | 0.87 | 0.92 | 0.97 | 1.12 | 1.12 | 1.21 | 1.35 | 1.28 | 1.11 |
| Profit before tax | 16.75 | 12.17 | 6.94 | 5.34 | 9.15 | 4.96 | 4.49 | 2.17 | 13.62 | 10.82 | 14.8 | 2.55 |
| Tax % | 28.9 | 21.2 | 23.34 | 23.03 | 35.52 | 34.27 | -6.01 | 12.44 | 25.7 | 26.34 | 24.53 | 23.14 |
| Net Profit | 11.92 | 9.58 | 5.31 | 4.11 | 5.9 | 3.26 | 4.76 | 1.9 | 10.12 | 7.98 | 11.16 | 1.96 |
| EPS in Rs | 7.38 | 5.93 | 3.29 | 2.54 | 3.65 | 2.02 | 2.95 | 1.18 | 6.26 | 4.94 | 6.91 | 1.21 |

### 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 | 82 | 111 | 100 | 153 | 144 | 180 | 223 | 179 | 224 | 229 |
| Expenses | 71 | 91 | 85 | 124 | 127 | 157 | 179 | 155 | 183 | 187 |
| Operating Profit | 10 | 20 | 14 | 29 | 17 | 23 | 44 | 24 | 41 | 42 |
| OPM % | 12 | 18 | 14 | 19 | 12 | 13 | 20 | 13 | 18 | 18 |
| Other Income | 1 | 2 | 4 | 3 | 5 | 4 | 3 | 5 | 6 | 5 |
| Interest | 0 | 0 | 1 | 1 | 0 | 1 | 2 | 1 | 0 | 0 |
| Depreciation | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 4 | 5 | 5 |
| Profit before tax | 8 | 18 | 15 | 29 | 19 | 23 | 43 | 24 | 41 | 42 |
| Tax % | 25 | 29 | 27 | 26 | 26 | 25 | 25 | 25 | 25 | — |
| Net Profit | 6 | 13 | 11 | 21 | 14 | 17 | 32 | 18 | 31 | 31 |
| EPS in Rs | 3.67 | 8.02 | 6.74 | 13.18 | 8.56 | 10.71 | 19.89 | 11.16 | 19.29 | 19.32 |
| Dividend Payout % | 41 | 19 | 37 | 46 | 23 | 28 | 30 | 99 | 62 | — |

### 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 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 21 | 27 | 36 | 39 | 55 | 65 | 80 | 97 | 106 | 108 |
| Borrowings | 5 | 4 | 1 | 8 | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 23 | 36 | 31 | 40 | 36 | 50 | 83 | 83 | 66 | 91 |
| Total Liabilities | 64 | 83 | 84 | 103 | 108 | 131 | 179 | 196 | 189 | 216 |
| Fixed Assets | 17 | 17 | 16 | 16 | 16 | 14 | 13 | 25 | 28 | 31 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 5 | 0 | 1 | 0 |
| Investments | 4 | 14 | 15 | 26 | 34 | 18 | 34 | 35 | 57 | 81 |
| Other Assets | 44 | 52 | 53 | 60 | 59 | 98 | 127 | 135 | 103 | 103 |
| Total Assets | 64 | 83 | 84 | 103 | 108 | 131 | 179 | 196 | 189 | 216 |

### 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 | 15 | 12 | 9 | 12 | 25 | -11 | 30 | 39 | 31 | 71 |
| Cash from Investing Activity | -4 | -13 | -2 | -11 | -8 | 14 | -20 | -9 | -25 | -28 |
| Cash from Financing Activity | -6 | -1 | -6 | -2 | -13 | -5 | -5 | -16 | -9 | -29 |
| Net Cash Flow | 5 | -3 | 1 | -1 | 4 | -2 | 5 | 13 | -3 | 14 |
| Free Cash Flow | 14 | 9 | 7 | 9 | 23 | -13 | 25 | 28 | 24 | 63 |
| CFO/OP | 157 | 137 | 73 | 112 | 111 | -36 | 157 | 33 | 156 | 197 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 86 | 90 | 64 | 43 | 48 | 116 | 125 | 81 | 67 | 74 |
| Inventory Days | 123 | 161 | 146 | 235 | 101 | 175 | 172 | 177 | 155 | 128 |
| Days Payable | 116 | 172 | 93 | 132 | 86 | 148 | 153 | 111 | 101 | 125 |
| Cash Conversion Cycle | 93 | 78 | 117 | 147 | 62 | 143 | 143 | 147 | 121 | 76 |
| Working Capital Days | 43 | 32 | 51 | 28 | 33 | 105 | 62 | 40 | 26 | -7 |
| ROCE % | 22 | 19 | 39 | 27 | 43 | 22 | 26 | 41 | 20 | 30 |

## 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 | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% | 49.95% |
| FIIs | 0% | 0% | 0.02% | 0.48% | 0.58% | 0.61% | 0.62% | 0.61% | 0.6% | 0.41% | 0.41% | 0.41% |
| DIIs | 0% | 0% | 0.25% | 0.3% | 0.39% | 1.49% | 0.99% | 1.12% | 0.81% | 1.36% | 1.42% | 1.48% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 30.35% | 29.91% | 30.76% | 30.2% | 29.76% | 28.78% | 29.21% | 29.21% | 29.64% | 30.52% | 30.49% | 31.18% |
| Others | 19.7% | 20.14% | 19.02% | 19.07% | 19.32% | 19.17% | 19.24% | 19.11% | 19% | 17.76% | 17.73% | 16.98% |
| No. of Shareholders | 17698 | 19180 | 19749 | 19498 | 21018 | 20505 | 19493 | 18864 | 18408 | 18492 | 18625 | 18789 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 407.44 | Buy |
| EMA (10) | 415.48 | Buy |
| SMA (20) | 407.87 | Buy |
| EMA (20) | 413.04 | Buy |
| SMA (50) | 421.97 | Buy |
| EMA (50) | 420.14 | Buy |
| SMA (100) | 436.32 | Buy |
| EMA (100) | 426.16 | Buy |
| SMA (200) | 428.73 | Buy |
| EMA (200) | 432.51 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 60.74 | Neutral |
| MACD (12,26,9) | -0.1 | Buy |
| Stochastic (14,3,3) | 69.89 | Neutral |
| ADX (14) | 16.17 | Neutral |
| Williams %R (14) | -20.92 | Neutral |
| ATR (14) | 19.46 | High Volatility |
| ROC (12) | 8.34 | Buy |
| Stoch RSI (14) | 99.04 | Sell |
| UO (7,14,28) | 54.63 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d338e6ff-ee19-4d9a-9af8-3275fdce5920.pdf) |
| 2026-08-06 | [Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c0acf4b-3700-4b19-8339-08e7ceff2e64.pdf) |
| 2026-08-01 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db055443-9312-4fcc-aa1c-3adf17d0b3ab.pdf) |
| 2026-08-01 | [Board Meeting Intimation for Considering And Approving Un-Audited Financial Results For The Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8b6e841f-3c1a-4f28-8bd9-8647a685f139.pdf) |
| 2026-07-31 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdeebe64-7ad0-4109-9872-07afc7af21bc.pdf) |
| 2026-07-31 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85fb075c-d024-4560-a8a9-51f62a00f92f.pdf) |
| 2026-07-31 | [Disclosure Of Information Under Regulation 30 Of SEBI (Listing Obligations And Disclosures Requirements) Regulations 2015 - AGM Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16cdbc87-4e1d-4747-8267-fc9327d8ccc6.pdf) |
| 2026-07-09 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2d2cd3b-f88a-4550-8432-163ea785d99b.pdf) |
| 2026-07-09 | [Shareholder Meeting - AGM On 31/07/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf137e66-3f24-4a68-a473-25690001dc7e.pdf) |
| 2026-07-09 | [Intimation For Cut Off Date And Details Of E-Voting For AGM On 31-07-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4ba3d45-6216-4d3f-a4f9-19d982f6e359.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-06 | [Un-Audited Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b7cfa77-1bf3-4dab-b112-9b51dac01a26.pdf) |
| 2026-05-07 | [Financial Results For The Quarter/ Year Ending On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=319b66f8-8a7d-41e2-bc20-3f14c3132778.pdf) |
| 2026-02-02 | [Outcome Of Board Meeting Held On 2Nd February 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=193f6bb6-0ec7-4edd-ba4a-dbacfa68b892.pdf) |
| 2025-11-11 | [Unaudited Financial Results For Quarter / Half Year Ended On 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45be135c-02a3-4b86-9074-ff58335f7755.pdf) |
| 2025-07-16 | [Approval Of Un-Audited Financial Results For The Quarter Ended On 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12d2a4ab-dcd9-4222-b470-b9ce37736713.pdf) |
| 2025-05-13 | [Financial Results For The Quarter And Year Ended On 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8162ee47-ccaa-4299-9019-8f96a332dcf4.pdf) |
| 2025-01-30 | [Un-Audited Financial Results For The Quarter Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75822484-532c-4748-b3cd-54a0a312f249.pdf) |
| 2025-01-30 | [Un-Audited Financial Results For The Quarter Ended On 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fdff992f-4d73-4aef-a971-dee945a287ad.pdf) |
| 2024-10-25 | [Unaudited Financial Results For The Quarter / Half Year Ended On 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9e95aef-b797-4b7c-9d84-24fd5c8f8015.pdf) |
| 2024-08-07 | [Unaudited Financial Results For The Quarter Ended On 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c3a0a9b-fe74-4bb2-af56-35ae88e0d359.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 February 2026 - Promoter Puneet Sandhu Talwar bought 3,750 shares on 06.02.2026; disclosure filed 07.02.2026. | [Updates 9 February 2026 - Promoter Puneet Sandhu Talwar bought 3,750 shares on 06.02.2026; disclosure filed 07.02.2026.](https://nsearchives.nseindia.com/corporate/DANISH_09022026143333_Intimation_to_Stock_Exchange.pdf) |
| 7 May - Board recommended ₹12 per share final dividend for FY2025-26 on 7 May 2026, pending AGM approval. | [Corporate Action-Board approves Dividend 7 May - Board recommended ₹12 per share final dividend for FY2025-26 on 7 May 2026, pending AGM approval.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ef19f63b-6dc9-4fec-90e1-27ce6494446e.pdf) |
| 7 May - Axtel reported FY26 audited revenue of Rs 22,376.69 lakh and net profit of Rs 3,115.95 lakh; dividend recommended. | [Board Meeting Outcome for Audited Financial Results For The Quarter/Year Ended On 31.03.2026 7 May - Axtel reported FY26 audited revenue of Rs 22,376.69 lakh and net profit of Rs 3,115.95 lakh; dividend recommended.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/20b098d9-2956-4727-8caa-34fde74de0b3.pdf) |
| 7 May - Axtel approved FY26 audited results; revenue Rs223.77 crore, net profit Rs31.16 crore; auditors issued unmodified opinion. | [Financial Results For The Quarter/ Year Ending On 31St March, 2026 7 May - Axtel approved FY26 audited results; revenue Rs223.77 crore, net profit Rs31.16 crore; auditors issued unmodified opinion.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/319b66f8-8a7d-41e2-bc20-3f14c3132778.pdf) |
| 30 Jan - CARE reaffirmed A- (Stable)/A2+ for Axtel's Rs50 crore bank facilities on Jan 29, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 30 Jan - CARE reaffirmed A- (Stable)/A2+ for Axtel's Rs50 crore bank facilities on Jan 29, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/072b379c-c70b-46a3-8d3c-b7313b6936f0.pdf) |
| 3 Jan - For Advertisements for Transfer of Shares into IEPF | [Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Jan - For Advertisements for Transfer of Shares into IEPF](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73a2f190-81a5-4bdf-ae74-7e30911c05d8.pdf) |
| 27 Jan - Board meeting on 2 Feb 2026 to consider unaudited results for quarter ended 31 Dec 2025. | [Board Meeting Intimation for Considering And Approving Un-Audited Financial Results For The Quarter Ended On 31St December, 2025. 27 Jan - Board meeting on 2 Feb 2026 to consider unaudited results for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2d0515a3-d4d7-42ef-8638-6699248d30e7.pdf) |
| 26 February 2026 - Power Limited has informed regarding Disclosure of Material Agreement/Transaction | [Disclosure of material issue 26 February 2026 - Power Limited has informed regarding Disclosure of Material Agreement/Transaction](https://nsearchives.nseindia.com/corporate/DANISH_26022026163246_Material_Disclosure.pdf) |
| 25 February 2026 - Board approved ₹51 crore credit facilities (₹50cr NFB, ₹1cr FB) on 25-Feb-2026; RPTs and investments. | [Outcome of Board Meeting 25 February 2026 - Board approved ₹51 crore credit facilities (₹50cr NFB, ₹1cr FB) on 25-Feb-2026; RPTs and investments.](https://nsearchives.nseindia.com/corporate/DANISH_25022026184824_Outcome_of_Board_Meeting.pdf) |
| 24 Feb - Board meeting on 2 Mar 2026 to consider interim dividend; trading window closed Feb 24–Mar 4; Scrip 523850. | [Board Meeting Intimation for Considering And Declaring Interim Dividend For FY 2025-26 24 Feb - Board meeting on 2 Mar 2026 to consider interim dividend; trading window closed Feb 24–Mar 4; Scrip 523850.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6db8f5b-936b-43ec-b917-a0a26acab71e.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27497_DANISH_2024_2025_A_19082025154159.pdf) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d2d2cd3b-f88a-4550-8432-163ea785d99b.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef410347-bf37-4899-b69e-9f49f6646f13.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/22c29dd3-25b0-41cc-ae4d-68da7bc7e8ff.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f5e2405-a39a-493e-aa7a-7d32231b6c62.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523850/76550523850.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/523850/69702523850.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/523850/65365523850.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/523850/5238500319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/523850/5238500318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/DANISH_10112025233538_Investor_Meet_Transcription_-DPL.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 2026-09-13T18:37:34.282Z.