---
title: "Raaj Medisafe India Ltd (524502) — Share Price, Financials & Analysis"
symbol: "524502"
company: "Raaj Medisafe India Ltd"
canonical: "https://tapetide.com/stocks/524502"
isin: "INE548H01015"
nse_symbol: "RAAJMEDISAFEINDIALTD"
bse_code: "524502"
sector: "Industrial Products"
industry: "Packaging"
market_cap_cr: 164
generated_at: "2026-09-13T18:59:43.452Z"
---

# Raaj Medisafe India Ltd (524502)

Canonical page: https://tapetide.com/stocks/524502

## Company

- **NSE Symbol:** RAAJMEDISAFEINDIALTD
- **BSE Code:** 524502
- **ISIN:** INE548H01015
- **Sector:** Industrial Products
- **Industry:** Packaging
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** raajmedisafeindia.com

## About

Incorporated in 1985, Raaj Medisafe India Ltd manufactures  plastic bottles, caps & plugs, plastic liners, aluminum caps, Sanitary Napkins and Diaper.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:44:34.171041Z.

- **Market Cap:** ₹164 Cr
- **Classification:** Microcap
- **P/E (reported):** 69.3
- **EPS (TTM):** ₹1.99
- **EPS (reported):** ₹2.92
- **Book Value:** ₹28.46
- **Price to Book:** 3.51
- **Dividend Yield:** 0%
- **ROE:** 3.87%
- **ROCE:** 11.95%
- **Debt to Equity:** 1.38
- **Revenue (yearly):** ₹80.6 Cr
- **Net Income:** ₹1.8 Cr
- **EBITDA:** ₹12.3 Cr
- **52-Week High:** ₹104.45
- **52-Week Low:** ₹64.08
- **RSI (14):** 69.66

## Key Insights

### Strengths

- Company is expected to give good quarter
- Debtor days have improved from 72.6 to 53.6 days.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -14.7%
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | -14.05% | 49.8% |
| ebitda margin growth | 40% | 8.51% | -0.97% | 3.87% |
| net income growth | 162.5% | -70.49% | -18% | -5% |
| revenue growth | 16.54% | 28.75% | 27% | 20% |
| roce | — | -33.05% | -48.16% | 26.11% |
| roe | — | -83.01% | 19.12% | -94.67% |

## 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 | 11.2 | 10.17 | 11.36 | 10.91 | 10.91 | 14.59 | 24.4 | 15.83 | 18.4 | 20.71 | 25.08 | 29.46 |
| Expenses | 9.63 | 8.65 | 9.04 | 9.18 | 9.18 | 12.37 | 21.29 | 13.21 | 15.65 | 17.02 | 22.37 | 25.4 |
| Operating Profit | 1.57 | 1.52 | 2.32 | 1.73 | 1.73 | 2.22 | 3.11 | 2.62 | 2.75 | 3.69 | 2.71 | 4.06 |
| OPM % | 14.02 | 14.95 | 20.42 | 15.86 | 15.86 | 15.22 | 12.75 | 16.55 | 14.95 | 17.82 | 10.81 | 13.78 |
| Other Income | 0.01 | 0 | 0.04 | 0 | 0 | -0.01 | 0.11 | 0.01 | 0.23 | 0.04 | 0.28 | 0.15 |
| Interest | 0.33 | 0.37 | 0.47 | 0.36 | 0.36 | 0.52 | 0.68 | 0.68 | 0.82 | 1.38 | 1.08 | 0.86 |
| Depreciation | 0.2 | 0.21 | 0.23 | 0.23 | 0.23 | 0.4 | 0.44 | 0.49 | 0.43 | 0.5 | 0.63 | 0.71 |
| Profit before tax | 1.05 | 0.94 | 1.66 | 1.14 | 1.14 | 1.29 | 2.1 | 1.46 | 1.73 | 1.85 | 1.28 | 2.64 |
| Tax % | 0 | 0 | 57.83 | 15.79 | 15.79 | 19.38 | -65.24 | 0 | 0 | -2.7 | 353.12 | 25 |
| Net Profit | 1.06 | 0.94 | 0.7 | 0.97 | 0.97 | 1.03 | 3.48 | 1.46 | 1.73 | 1.89 | -3.23 | 1.97 |
| EPS in Rs | 0.97 | 0.86 | 0.64 | 0.73 | 0.73 | 0.78 | 2.63 | 1.11 | 1.32 | 1.44 | -1.97 | 1.2 |

### 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 | 4.62 | 4.8 | 21.8 | 31.8 | 34.68 | 38.61 | 43.24 | 62.42 | 79.97 | 93.65 |
| Expenses | 5.07 | 5.58 | 20.29 | 27.74 | 29.6 | 33 | 36.6 | 53.79 | 68.21 | 80.44 |
| Operating Profit | -0.45 | -0.78 | 1.51 | 4.06 | 5.08 | 5.61 | 6.64 | 8.63 | 11.76 | 13.21 |
| OPM % | -9.74 | -16.25 | 6.93 | 12.77 | 14.65 | 14.53 | 15.36 | 13.83 | 14.71 | 14.11 |
| Other Income | 0 | 0.25 | 0.34 | 0.01 | 0.08 | 0.02 | 0.06 | 0.2 | 0.56 | 0.7 |
| Interest | 0.66 | 0.75 | 1.16 | 0.74 | 0.71 | 1.11 | 1.57 | 2.13 | 3.96 | 4.14 |
| Depreciation | 0.31 | 0.31 | 0.68 | 0.71 | 0.72 | 0.75 | 0.84 | 1.45 | 2.04 | 2.27 |
| Profit before tax | -1.42 | -1.59 | 0.01 | 2.62 | 3.73 | 3.77 | 4.29 | 5.25 | 6.32 | 7.5 |
| Tax % | 0 | 0 | 3100 | 12.21 | 19.03 | 11.67 | 22.38 | -16.57 | 71.52 | — |
| Net Profit | -1.43 | -1.59 | -0.29 | 2.3 | 3.01 | 3.33 | 3.33 | 6.13 | 1.81 | 2.36 |
| EPS in Rs | -2.84 | -3.15 | -0.58 | 2.1 | 2.75 | 3.04 | 3.04 | 4.64 | 1.1 | 1.99 |
| 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 | 5 | 5 | 5 | 10.9 | 10.9 | 10.9 | 10.9 | 10.9 | 13.18 | 16.42 |
| Reserves | -9.88 | -11.32 | -12.91 | -12.09 | -9.83 | -6.75 | -3.41 | -0.07 | 13.74 | 30.32 |
| Borrowings | 9.03 | 9.43 | 11.61 | 11.87 | 13.13 | 13.02 | 15.62 | 25.93 | 34.57 | 64.67 |
| Other Liabilities | 1.62 | 2.07 | 1.42 | 2.91 | 2.41 | 2.45 | 2.66 | 4.52 | 7.49 | 9.94 |
| Total Liabilities | 5.77 | 5.18 | 5.12 | 13.59 | 16.61 | 19.62 | 25.77 | 41.28 | 68.98 | 121.35 |
| Fixed Assets | 3.49 | 3.47 | 3.48 | 7.03 | 7.26 | 9.3 | 8.63 | 10.72 | 23.68 | 39.04 |
| CWIP | 0.54 | 0 | 0 | 0 | 1.6 | 0 | 1.59 | 10.14 | 8.51 | 26.76 |
| Investments | 0.01 | 0.01 | 0.01 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 |
| Other Assets | 1.73 | 1.7 | 1.63 | 6.49 | 7.68 | 10.25 | 15.48 | 20.35 | 36.72 | 55.48 |
| Total Assets | 5.77 | 5.18 | 5.12 | 13.59 | 16.61 | 19.62 | 25.77 | 41.28 | 68.98 | 121.35 |

### 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 | -0.23 | -0.01 | -1.37 | -1.03 | 2.23 | 2.45 | 0.17 | 4.27 | -0.09 | 3.67 |
| Cash from Investing Activity | -0.68 | 0.27 | -0.05 | -0.21 | -2.78 | -0.96 | -1.67 | -13 | -16.42 | -34.95 |
| Cash from Financing Activity | 0.92 | -0.26 | 1.43 | 1.24 | 0.51 | -1.47 | 1.49 | 8.74 | 16.52 | 44.23 |
| Net Cash Flow | 0.01 | 0 | 0 | 0 | -0.04 | 0.02 | -0.01 | 0.02 | 0.02 | 12.95 |
| Free Cash Flow | -0.91 | 0.25 | -1.43 | -1.25 | -0.56 | 1.31 | -1.56 | -7.37 | -13.01 | -29.83 |
| CFO/OP | 288 | 2 | 176 | -68 | 55 | 48 | 14 | 74 | 10 | 31 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 35.51 | 60.83 | 62.35 | 78.69 | 56.24 | 57.25 | 64.76 | 66.6 | 97.65 | 53.63 |
| Inventory Days | 141.13 | 98.61 | 64.61 | 20.96 | 24.65 | 48.18 | 89.79 | 105.5 | 67.86 | 105.98 |
| Days Payable | 233.6 | 275.22 | 132.62 | 51.56 | 19.46 | 6.66 | 10.6 | 8.85 | 35.77 | 35.94 |
| Cash Conversion Cycle | -56.96 | -115.78 | -5.66 | 48.1 | 61.43 | 98.77 | 143.95 | 163.24 | 129.75 | 123.67 |
| Working Capital Days | -87.53 | -141.42 | -123.95 | -7.53 | 8.72 | 4.84 | 36.4 | 21.61 | 11.29 | 9.72 |
| ROCE % | -9.06 | -20.94 | -32.01 | 16.41 | 27.09 | 27.99 | 24.23 | 19.58 | 15.02 | 11.89 |

## 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 | 73.45% | 73.45% | 73.45% | 73.45% | 73.44% | 73.44% | 73.44% | 73.44% | 73.8% | 73.8% | 73.8% | 59.08% |
| 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 | 23.73% | 23.51% | 23.37% | 22.83% | 23.16% | 23.15% | 23.05% | 23.06% | 22.9% | 23% | 23.1% | 35.96% |
| Others | 2.82% | 3.04% | 3.18% | 3.72% | 3.39% | 3.41% | 3.51% | 3.5% | 3.31% | 3.21% | 3.11% | 4.96% |
| No. of Shareholders | 8404 | 8354 | 8306 | 8242 | 8181 | 8151 | 8138 | 8141 | 7810 | 7781 | 7785 | 7783 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 4 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 99.15 | Buy |
| EMA (10) | 96.73 | Buy |
| SMA (20) | 88.9 | Buy |
| EMA (20) | 91.43 | Buy |
| SMA (50) | 81.87 | Buy |
| EMA (50) | 85.3 | Buy |
| SMA (100) | 82.53 | Buy |
| EMA (100) | 83.38 | Buy |
| SMA (200) | 82.86 | Buy |
| EMA (200) | 83.03 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 69.51 | Neutral |
| MACD (12,26,9) | 6.29 | Buy |
| Stochastic (14,3,3) | 82.45 | Sell |
| ADX (14) | 41.11 | Buy |
| Williams %R (14) | -17.07 | Sell |
| ATR (14) | 3.03 | High Volatility |
| ROC (12) | 18.91 | Buy |
| Stoch RSI (14) | 47.11 | Neutral |
| UO (7,14,28) | 56.21 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f8fc51b-62fd-4b12-a419-a449086d4f36.pdf) |
| 2026-08-29 | [Intimation Of Book Closure - For The Purpose Of 41St AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd57e697-6924-4952-9291-d7d20aeac539.pdf) |
| 2026-08-27 | [Notice Of AGM Sept 21 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f8e18f0-d859-4881-a58f-1d48ddd2bba5.pdf) |
| 2026-08-26 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=593eccfe-fcca-4c18-a74c-44841b0be850.pdf) |
| 2026-08-26 | [Compliance - Regulation 36 (1) (B)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c789fd2-63db-452c-a6d6-cfb782ac3fb4.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc0a68ff-32c3-433e-a6de-3f62633b8733.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On August 12 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36f99dae-60dd-4ab3-813f-4f1fef5b185a.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d59852df-bae2-4ddf-953c-1600dda06e38.pdf) |
| 2026-08-12 | [Statement Of Variation/Deviation Of Utilization Of Funds Raised By Way Of Preferential Allotment On 26.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dde1288c-418d-43b7-8b8d-92da432e3df5.pdf) |
| 2026-08-04 | [Board Meeting Intimation for Intimation Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3104743d-8e36-4925-ac28-054ab44e3f8b.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Financial Results For The Quarter Ended Jun 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ddd3e54e-b961-4528-b64a-6d78776da5ec.pdf) |
| 2026-05-29 | [Results- Financial Results For Mar 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f794805f-159d-40aa-8d41-1205abb34419.pdf) |
| 2026-02-11 | [Unaudited Financial Results -December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b0eef44-57e5-41f4-a8e0-c108d07eff5d.pdf) |
| 2025-11-12 | [Unaudited Financial Results -Sept 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbecebb2-d2c0-4708-b7a3-41e681cdc7ea.pdf) |
| 2025-08-11 | [Results Financial Results For The Quarter Ended Jun 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4028998a-af5d-4faf-b4a1-a1cb66940b7c.pdf) |
| 2025-05-29 | [Results- Audited Financial Results March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e97a22cc-f108-4db7-9e87-b5f1295fea94.pdf) |
| 2025-02-11 | [Unaudited Financial Results For The Quarter Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=817482f2-8fab-42d9-8124-8e71206b27d5.pdf) |
| 2024-11-12 | [Unaudited Financial Results For The Quarter Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42577b9d-5529-46a2-8008-16b784fae6a0.pdf) |
| 2024-08-14 | [Unaudited Financial Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=48642b9e-3d39-4e77-a808-04dde4743e77.pdf) |
| 2024-05-29 | [Audited Financial Results-March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fb0523a1-a90b-4669-9834-ff6b75c82c1a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 January 2026 - Registrar confirms Regulation 74(5) certificate not applicable for quarter ended Dec 31, 2025; all shares dematerialized. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 January 2026 - Registrar confirms Regulation 74(5) certificate not applicable for quarter ended Dec 31, 2025; all shares dematerialized.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_09012026183331_Intimation-S.pdf) |
| 9 January 2026 - Certificate on Structural Digital Database by the Company Secretary & Compliance officer for the Quarter ended on 31st December, 2025. | [Structural Digital Database 9 January 2026 - Certificate on Structural Digital Database by the Company Secretary & Compliance officer for the Quarter ended on 31st December, 2025.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_09012026183900_SDD-Compliance.pdf) |
| 5 January 2026 - Ratify typo: Piyush Patel appointed Additional Independent Director; Ashokkumar Kateshia resigned, effective 3 January 2026. | [General Updates 5 January 2026 - Ratify typo: Piyush Patel appointed Additional Independent Director; Ashokkumar Kateshia resigned, effective 3 January 2026.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_05012026124154_Revised-Outcome.pdf) |
| 3 January 2026 - Digital signatures by Kamlesh Kumar Jayantilal Patel dated 2026-01-03; no substantive information. | [Change in Director(s) 3 January 2026 - Digital signatures by Kamlesh Kumar Jayantilal Patel dated 2026-01-03; no substantive information.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_03012026171609_Appointment.pdf) |
| 3 January 2026 - DHANLAXMI CROP SCIENCE LIMITED has informed about Resignation of Independent director. | [Resignation of Independent director 3 January 2026 - DHANLAXMI CROP SCIENCE LIMITED has informed about Resignation of Independent director.](https://nsearchives.nseindia.com/corporate/DHANLAXMI_ROID_74806_KMP_Doc.zip) |
| 26 Mar - Allotment of 3,275,000 equity shares at Rs55 each on preferential basis; proceeds ~Rs18.01 crore; allottee list promoters. | [Board Meeting Outcome for Outcome Of Board Meeting Relating To Allotment Of Equity Shares 26 Mar - Allotment of 3,275,000 equity shares at Rs55 each on preferential basis; proceeds ~Rs18.01 crore; allottee list promoters.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca095528-be40-40fb-bc3f-80861038ba9d.pdf) |
| 23 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter ending Mar 31, 2026. | [Closure of Trading Window 23 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for quarter ending Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c89564d6-5a88-48f5-9f70-b1307e106082.pdf) |
| 20 Mar - Board meeting Mar 26, 2026 to issue 3,275,000 equity shares on preferential basis. | [Board Meeting Intimation for Intimation To Convene Board Meeting On Thursday, March 26, 2026 At 3.45 PM 20 Mar - Board meeting Mar 26, 2026 to issue 3,275,000 equity shares on preferential basis.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/23bae264-87f3-49d0-be53-4eb272472165.pdf) |
| 2 Feb - Board meeting Feb 11, 2026 to approve unaudited results for quarter ended Dec 31, 2025 and related reports. | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 11Th February, 2026 2 Feb - Board meeting Feb 11, 2026 to approve unaudited results for quarter ended Dec 31, 2025 and related reports.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ab34e17-ebf1-4e56-8cb9-da96072f9998.pdf) |
| 13 Feb - Submission of News Paper publication in relation to unaudited financail results for the quarter ended December 31,2025 (Approved in the Board Meeting held on 11th … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb - Submission of News Paper publication in relation to unaudited financail results for the quarter ended December 31,2025 (Approved in the Board Meeting held on 11th …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/199cb24f-e409-41b1-9bd0-b38585a460b0.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/DHANLAXMI_13062025185743_PPT-Dhanlaxmi.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28416_DHANLAXMI_2024_2025_A_3732179_04092025155600.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9263195e-3bb7-4c84-9b68-262fd9d748eb.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0811ca79-d375-478e-b4a0-58c6567d0194.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82aeec9d-b31d-45cc-a1ed-3a229ff73919.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/524502/75606524502.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/524502/71144524502.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/524502/65989524502.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/524502/5245020319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/524502/5245020318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/524502/5245020317.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 2026-09-13T18:59:43.452Z.