---
title: "Lactose (India) Ltd (524202) — Share Price, Financials & Analysis"
symbol: "524202"
company: "Lactose (India) Ltd"
canonical: "https://tapetide.com/stocks/524202"
isin: "INE058I01013"
nse_symbol: "LACTOSEINDIALTD"
bse_code: "524202"
sector: "Healthcare"
industry: "Pharmaceuticals"
market_cap_cr: 125.62
generated_at: "2026-09-13T18:48:39.239Z"
---

# Lactose (India) Ltd (524202)

Canonical page: https://tapetide.com/stocks/524202

## Company

- **NSE Symbol:** LACTOSEINDIALTD
- **BSE Code:** 524202
- **ISIN:** INE058I01013
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** lactoseindialimited.com

## About

Incorporated in 1991, Lactose (India) Ltd manufactures Pharmaceutical Products and carries out job work[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:38:13.590671Z.

- **Market Cap:** ₹125.62 Cr
- **Classification:** Microcap
- **P/E (reported):** 18.2
- **EPS (TTM):** ₹5.51
- **EPS (reported):** ₹6.44
- **Book Value:** ₹51.46
- **Price to Book:** 1.95
- **Dividend Yield:** 0%
- **ROE:** 8.79%
- **ROCE:** 14.7%
- **Debt to Equity:** 0.95
- **Revenue (yearly):** ₹163.29 Cr
- **Net Income:** ₹7.4 Cr
- **EBITDA:** ₹18.38 Cr
- **52-Week High:** ₹136.7
- **52-Week Low:** ₹76.01
- **RSI (14):** 45.28

## Tapetide Score

- **Score:** 51 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Rising
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 25.75 | 9% |
| growth | 82.45 | 9% |
| momentum | 61.07 | 12% |
| ownership | 50 | 24% |
| quality | 47.09 | 22% |
| valuation | 53.1 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter
- Company has delivered good profit growth of 34.8% CAGR over last 5 years
- Company's working capital requirements have reduced from 22.6 days to 18.1 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.3% over last 3 years.
- Promoters have pledged 26.1% of their holding.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -103.31% | -103.68% | -113.43% |
| ebitda margin growth | 26.92% | -28.43% | -36.11% | -59.49% |
| net income growth | 26.32% | 42.31% | 72% | 35% |
| revenue growth | 3.26% | 38.5% | 35% | 36% |
| roce | — | -25.68% | 48.34% | 11.65% |
| roe | — | -39% | 8.73% | -224.5% |

## 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 | 24.43 | 32.6 | 29.4 | 29.46 | 30.45 | 28.72 | 27.77 | 39.58 | 41.18 | 36.77 | 45.77 | 46.97 |
| Expenses | 21.04 | 26.88 | 23.28 | 23.88 | 25.44 | 25.75 | 24.36 | 35.11 | 35.92 | 33.71 | 40.75 | 40.9 |
| Operating Profit | 3.39 | 5.72 | 6.12 | 5.58 | 5.01 | 2.97 | 3.41 | 4.47 | 5.26 | 3.06 | 5.02 | 6.07 |
| OPM % | 13.88 | 17.55 | 20.82 | 18.94 | 16.45 | 10.34 | 12.28 | 11.29 | 12.77 | 8.32 | 10.97 | 12.92 |
| Other Income | 0.26 | 0.28 | 0.31 | 0.22 | 0.3 | 0.56 | 0.37 | 0.41 | 0.37 | 0.63 | 0.22 | 0.56 |
| Interest | 1.31 | 1.21 | 1.17 | 1.26 | 1.37 | 1.64 | 1.84 | 1.22 | 1.04 | 1.39 | 1.43 | 1.76 |
| Depreciation | 1.2 | 1.2 | 1.63 | 1.31 | 1.33 | 1.35 | 1.39 | 1.37 | 1.44 | 1.43 | 1.5 | 1.64 |
| Profit before tax | 1.14 | 3.59 | 3.63 | 3.23 | 2.61 | 0.54 | 0.55 | 2.29 | 3.15 | 0.87 | 2.31 | 3.23 |
| Tax % | 28.95 | 27.02 | 33.88 | 29.72 | 22.22 | 59.26 | -18.18 | 34.5 | 31.11 | 40.23 | 18.61 | 26.93 |
| Net Profit | 0.81 | 2.63 | 2.4 | 2.27 | 2.03 | 0.22 | 0.64 | 1.5 | 2.16 | 0.53 | 1.88 | 2.37 |
| EPS in Rs | 0.64 | 2.09 | 1.91 | 1.8 | 1.61 | 0.17 | 0.51 | 1.19 | 1.72 | 0.42 | 1.49 | 1.88 |

### 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 | 31 | 41 | 40 | 35 | 46 | 66 | 114 | 116 | 163 | 171 |
| Expenses | 25 | 31 | 31 | 29 | 34 | 54 | 95 | 99 | 145 | 151 |
| Operating Profit | 6 | 10 | 9 | 6 | 12 | 11 | 19 | 17 | 18 | 19 |
| OPM % | 18 | 24 | 23 | 18 | 27 | 17 | 17 | 15 | 11 | 11 |
| Other Income | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 |
| Interest | 5 | 5 | 6 | 5 | 5 | 6 | 5 | 6 | 5 | 6 |
| Depreciation | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 6 |
| Profit before tax | -3 | 1 | 0 | -3 | 3 | 1 | 10 | 7 | 9 | 10 |
| Tax % | -52 | 33 | 30 | -24 | 23 | 18 | 30 | 25 | 30 | — |
| Net Profit | -1 | 1 | 0 | -2 | 2 | 1 | 7 | 5 | 6 | 7 |
| EPS in Rs | -1.32 | 0.71 | 0.07 | -2.17 | 1.95 | 0.96 | 5.39 | 4.1 | 4.81 | 5.51 |
| 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 | 10 | 10 | 10 | 11 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 17 | 22 | 24 | 24 | 24 | 27 | 28 | 35 | 46 | 52 |
| Borrowings | 34 | 38 | 36 | 39 | 46 | 41 | 38 | 39 | 57 | 62 |
| Other Liabilities | 24 | 13 | 11 | 10 | 7 | 10 | 22 | 14 | 18 | 56 |
| Total Liabilities | 85 | 83 | 82 | 84 | 88 | 90 | 101 | 101 | 133 | 183 |
| Fixed Assets | 64 | 63 | 60 | 62 | 59 | 59 | 56 | 55 | 52 | 69 |
| CWIP | 1 | 0 | 1 | 0 | 4 | 0 | 0 | 0 | 10 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Other Assets | 20 | 19 | 20 | 22 | 25 | 30 | 45 | 46 | 71 | 114 |
| Total Assets | 85 | 83 | 82 | 84 | 88 | 90 | 101 | 101 | 133 | 183 |

### 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 | 8 | 0 | 5 | 7 | 2 | 8 | 8 | 9 | 0 | 6 |
| Cash from Investing Activity | -5 | -2 | -2 | -3 | -6 | -1 | -1 | -2 | -16 | -10 |
| Cash from Financing Activity | -3 | 4 | -5 | -4 | 5 | -8 | -8 | -6 | 19 | 1 |
| Net Cash Flow | 0 | 3 | -2 | 1 | 1 | 0 | -1 | 1 | 3 | -4 |
| Free Cash Flow | 3 | -2 | 3 | 4 | -3 | 7 | 6 | 7 | -14 | -5 |
| CFO/OP | 74 | 15 | 58 | 80 | 34 | 68 | 70 | 50 | 5 | 37 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 91 | 63 | 62 | 64 | 67 | 90 | 69 | 49 | 68 | 75 |
| Inventory Days | 440 | 456 | 384 | 471 | 587 | 343 | 344 | 119 | 171 | 217 |
| Days Payable | 559 | 330 | 242 | 202 | 153 | 195 | 275 | 59 | 74 | 146 |
| Cash Conversion Cycle | -27 | 188 | 204 | 333 | 501 | 238 | 138 | 109 | 165 | 146 |
| Working Capital Days | -107 | 18 | 42 | 59 | 56 | 46 | 56 | 26 | 24 | 18 |
| ROCE % | 15 | 4 | 9 | 8 | 3 | 10 | 9 | 18 | 13 | 11 |

## 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 | 53.77% | 53.66% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% | 0.62% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 39.93% | 39.89% | 39.86% | 39.63% | 39.57% | 38.08% | 38.31% | 38.24% | 38.12% | 38.07% | 38.18% | 38.34% |
| Others | 5.68% | 5.83% | 5.88% | 6.1% | 6.17% | 7.65% | 7.42% | 7.5% | 7.62% | 7.67% | 7.55% | 7.4% |
| No. of Shareholders | 15950 | 16088 | 16245 | 16630 | 16998 | 17115 | 17082 | 17013 | 16810 | 16770 | 16670 | 16554 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 102.91 | Sell |
| EMA (10) | 102.1 | Sell |
| SMA (20) | 102.1 | Sell |
| EMA (20) | 102.53 | Sell |
| SMA (50) | 102.45 | Sell |
| EMA (50) | 103.16 | Sell |
| SMA (100) | 106.9 | Sell |
| EMA (100) | 103.77 | Sell |
| SMA (200) | 103.79 | Sell |
| EMA (200) | 104.97 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.95 | Neutral |
| MACD (12,26,9) | -0.41 | Sell |
| Stochastic (14,3,3) | 23.19 | Neutral |
| ADX (14) | 20 | Neutral |
| Williams %R (14) | -73.91 | Neutral |
| ATR (14) | 5.8 | High Volatility |
| ROC (12) | 0 | Neutral |
| Stoch RSI (14) | 14.59 | Buy |
| UO (7,14,28) | 40.58 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=181bc6a1-5444-4333-bcfc-49c7100fafeb.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a19570d-7b4f-4d5d-ab39-b8593714ab63.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a9d6cf6-d681-4e78-b911-641e908ab4ad.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86e12f8e-6240-48e0-af7e-c2de296f12fc.pdf) |
| 2026-09-07 | [Shareholders Meeting - AGM On Wednesday 30Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=497e64f4-4287-4960-b84b-157af63b7c85.pdf) |
| 2026-09-07 | [Intimation For 35Th Annual General Meeting (AGM) Book Closure And Fixation Of Cut-Off Date For E-Voting Period Of Remote E-Voting For The Financial Year 2025-2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=418fde87-363c-475c-a828-ff0e8f6b2fb3.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=64d18908-1671-4630-b77b-c3e8908dcb16.pdf) |
| 2026-09-05 | [Announcement Under Regulation 30 Of SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19683c1d-9ad1-4395-967f-6481849615f0.pdf) |
| 2026-08-25 | [Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On 25Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f35b1fe8-d5a4-4008-a3dd-e457cf7abd54.pdf) |
| 2026-08-25 | [Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held On 25Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1dbf9750-3343-4f02-aea8-f734e610d73f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Regulation 33 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Un-Audited Financial Results For The First Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5bc789b2-c016-4568-b50f-7a019964e735.pdf) |
| 2026-05-20 | [Results - Financial Results For 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=568d99a5-5c20-4332-83c6-56aa5902361e.pdf) |
| 2026-02-13 | [Results - Financial Results For The Quarter Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd8c4e64-ea79-48a3-b119-ee50df5774f8.pdf) |
| 2025-11-13 | [Results - Financial Results For The Quarter Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef626c98-65c3-4a2c-8d2b-7ca5791598f4.pdf) |
| 2025-08-13 | [Results - Financial Results For The Quarter Ended June 30Th 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa499cb5-ca3b-4bc7-ad86-27fb34fc168f.pdf) |
| 2025-05-30 | [Results - Financial Results For The Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=82c5caec-c33d-4851-a933-3b93eb842a27.pdf) |
| 2025-02-12 | [Results- Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=002352de-e2bd-4774-8f90-b20cec7cb31a.pdf) |
| 2024-10-15 | [Results- Financial Results For The Period Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=063cd480-095a-405e-9f78-df909fc28e90.pdf) |
| 2024-08-12 | [Results-Financial Results For The Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bcf4e355-8e07-4002-9868-75134681ba0f.pdf) |
| 2024-05-30 | [Results - Financial Results For The Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d507a77e-12ba-4c3c-a2f3-49c486cf26e7.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Received INR 68.05 Crore HAL purchase order for custom airborne antennas and power supplies on March 5, 2026. | [Intimation Of Receipt Of Purchase Order 9h - Received INR 68.05 Crore HAL purchase order for custom airborne antennas and power supplies on March 5, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d86dc0f8-fb31-45ab-8de3-53dbc2c29a71.pdf) |
| 9 Feb - Board meeting on 13 Feb 2026 to approve Q3 (31 Dec 2025) unaudited results and limited review report. | [Board Meeting Intimation for The Meeting Scheduled To Be Held On Friday, 13Th February 2026 9 Feb - Board meeting on 13 Feb 2026 to approve Q3 (31 Dec 2025) unaudited results and limited review report.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9f82197-8a5a-4ec7-ac3a-e02b2adb9a95.pdf) |
| 30 Mar - Lactose (India) EOGM held 28 Mar 2026; all resolutions passed; scrutinizer report enclosed. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 30 Mar - Lactose (India) EOGM held 28 Mar 2026; all resolutions passed; scrutinizer report enclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/076e445d-2981-4b37-a207-4d7592e352d8.pdf) |
| 30 Jan - Launched value-added pharmaceutical lactose grades; ~₹15 crore invested; selective customer supplies commenced; domestic market focus. | [Intimation For Adoption Of New Line(S) Of Business And Product Development / Product Launch Information 30 Jan - Launched value-added pharmaceutical lactose grades; ~₹15 crore invested; selective customer supplies commenced; domestic market focus.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9350011f-9746-4c43-9f3a-64eff96db7e0.pdf) |
| 3 Mar - Raneal adds oversized PCB assembly (up to 55") capability; secured ~Rs.20 crore orders (03 Mar 2026) | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 3 Mar - Raneal adds oversized PCB assembly (up to 55") capability; secured ~Rs.20 crore orders (03 Mar 2026)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da194b9c-551d-4e5f-a945-5186a4184b6a.pdf) |
| 29 Apr - 29 Apr 2026 reply to BSE: no pending announcement behind price movement. | [Clarification On Significant Price Movement Of The Company''s Security 29 Apr - 29 Apr 2026 reply to BSE: no pending announcement behind price movement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/30f61fa9-8f10-47ac-bfff-6223f4bb7bd4.pdf) |
| 29 Apr - 29 Apr 2026 reply to BSE: no pending announcement behind price movement. | [Clarification On Significant Price Movement Of The Company''s Security 29 Apr - 29 Apr 2026 reply to BSE: no pending announcement behind price movement.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/30f61fa9-8f10-47ac-bfff-6223f4bb7bd4.pdf) |
| 28 Mar - 28-Mar-2026 NCLT meeting on amalgamation of Vitanosh Ingredients with Lactose (India); voting conducted. | [Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting 28 Mar - 28-Mar-2026 NCLT meeting on amalgamation of Vitanosh Ingredients with Lactose (India); voting conducted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec38a186-21a8-4ae3-a9b8-01c6681b188e.pdf) |
| 27 Mar - Trading window closed from 01-Apr-2026 until 48 hours after audited results for quarter/year ended 31-Mar-2026. | [Closure of Trading Window 27 Mar - Trading window closed from 01-Apr-2026 until 48 hours after audited results for quarter/year ended 31-Mar-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0cad51d-bd45-46bf-8626-79ce5bb52a22.pdf) |
| 27 Mar - Newspaper publication of corrigendum notice for shareholders meeting by NCLT scheduled to be held on Saturday 28th March 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Mar - Newspaper publication of corrigendum notice for shareholders meeting by NCLT scheduled to be held on Saturday 28th March 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c4cb28cb-189e-48b3-a368-e32c21e6f296.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5044c165-4010-42db-b759-026b024a75a3.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5830ace-07d9-477e-b58b-cf212a0cc3b3.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5c9d1aab-6fb3-46e6-85c8-2bedfd2557bc.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68c79179-2151-441a-b5a7-342b4907d392.pdf) |
| Aug 2023 | [Concall - Aug 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/663e00dd-c6de-457a-b4f8-68b64cffe915.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c695bbe-a702-484f-b631-ef70a5342a91.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8a815888-853c-49ff-a764-5eff2e3c10f0.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a403e775-8d0e-4b6e-b3da-cebab563f318.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e746ff5-fb7b-408e-8750-e01b8e301b7d.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/902434b5-7ae3-4e8d-a170-5a75aad8f56b.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d9db465-f9f7-4c00-b8a5-4f5fbcea5dd7.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/524202/73016524202.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/524202/71493524202.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/524202/5242020320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/524202/5242020319.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 2026-09-13T18:48:39.239Z.