---
title: "Nikhil Adhesives Ltd (526159) — Share Price, Financials & Analysis"
symbol: "526159"
company: "Nikhil Adhesives Ltd"
canonical: "https://tapetide.com/stocks/526159"
isin: "INE926C01022"
nse_symbol: "NIKHILADHESIVESLTD"
bse_code: "526159"
sector: "Chemicals"
industry: "Specialty Chemicals"
market_cap_cr: 375.69
generated_at: "2026-09-13T18:27:42.401Z"
---

# Nikhil Adhesives Ltd (526159)

Canonical page: https://tapetide.com/stocks/526159

## Company

- **NSE Symbol:** NIKHILADHESIVESLTD
- **BSE Code:** 526159
- **ISIN:** INE926C01022
- **Sector:** Chemicals
- **Industry:** Specialty Chemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** nikhiladhesives.com

## About

Incorporated in 1986, Nikhil Adhesives Ltd is in the business of manufacturing various types of polymer emulsions and adhesives, and trading of chemicals[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:43:52.075432Z.

- **Market Cap:** ₹375.69 Cr
- **Classification:** Microcap
- **P/E (reported):** 17.6
- **EPS (TTM):** ₹4.6
- **EPS (reported):** ₹3.21
- **Book Value:** ₹31.7
- **Price to Book:** 2.56
- **Dividend Yield:** 0.27%
- **ROE:** 12.99%
- **ROCE:** 18.33%
- **Debt to Equity:** 0.47
- **Revenue (yearly):** ₹553.55 Cr
- **Net Income:** ₹17.92 Cr
- **EBITDA:** ₹35.18 Cr
- **52-Week High:** ₹122
- **52-Week Low:** ₹56.78
- **RSI (14):** 58.4

## Tapetide Score

- **Score:** 53 / 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: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 61 (of 4473 scored stocks)
- **Confidence:** 95%
- **Data coverage:** 90%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 32.01 | 9% |
| growth | 50 | 9% |
| momentum | 78.37 | 12% |
| ownership | 50 | 24% |
| quality | 58.6 | 22% |
| valuation | 44.09 | 24% |

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

## Key Insights

### Weaknesses

- The company has delivered a poor sales growth of 2.43% over past five years.
- Company has a low return on equity of 13.0% over last 3 years.
- Dividend payout has been low at 6.26% of profits over last 3 years
- Debtor days have increased from 80.3 to 105 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -51.54% | -66.47% | -69.92% |
| ebitda margin growth | 150% | -1.56% | 14.88% | 17.22% |
| net income growth | 50% | 6.04% | 1% | 2% |
| revenue growth | 26.43% | -5.41% | -9% | 2% |
| roce | — | 10.49% | -21.8% | 25.39% |
| roe | — | 11.79% | 13.79% | -49.47% |

## 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 | 143.81 | 130.29 | 148.02 | 161.17 | 147.69 | 134.21 | 149.11 | 125.25 | 131.05 | 133.07 | 165.96 | 188.59 |
| Expenses | 136.27 | 122.73 | 139.13 | 151.2 | 138.29 | 125.67 | 139.67 | 115.1 | 122.8 | 125.39 | 154.72 | 175.74 |
| Operating Profit | 7.54 | 7.56 | 8.89 | 9.97 | 9.4 | 8.54 | 9.44 | 10.15 | 8.25 | 7.68 | 11.24 | 12.85 |
| OPM % | 5.24 | 5.8 | 6.01 | 6.19 | 6.36 | 6.36 | 6.33 | 8.1 | 6.3 | 5.77 | 6.77 | 6.81 |
| Other Income | 0.07 | 0.05 | 0.1 | 0.12 | 0.12 | 0.19 | 0.13 | 0.11 | 1.11 | 0.43 | 0.25 | 0.19 |
| Interest | 1.6 | 1.77 | 2.09 | 1.9 | 2.05 | 2.13 | 2.04 | 1.81 | 1.62 | 1.51 | 1.41 | 1.58 |
| Depreciation | 1.49 | 1.67 | 1.76 | 1.68 | 1.71 | 1.92 | 1.77 | 2 | 1.87 | 1.87 | 1.79 | 1.88 |
| Profit before tax | 4.52 | 4.17 | 5.14 | 6.51 | 5.76 | 4.68 | 5.76 | 6.45 | 5.87 | 4.73 | 8.29 | 9.58 |
| Tax % | 23.45 | 29.02 | 26.85 | 22.58 | 20.31 | 26.07 | 27.43 | 17.05 | 32.03 | 25.79 | 24.25 | 23.49 |
| Net Profit | 3.45 | 2.96 | 3.76 | 5.04 | 4.59 | 3.47 | 4.18 | 5.34 | 3.99 | 3.52 | 6.28 | 7.32 |
| EPS in Rs | 0.75 | 0.64 | 0.82 | 1.1 | 1 | 0.76 | 0.91 | 1.16 | 0.87 | 0.77 | 1.37 | 1.59 |

### 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 | 330 | 446 | 422 | 491 | 814 | 743 | 564 | 585 | 554 | 619 |
| Expenses | 317 | 430 | 403 | 460 | 770 | 709 | 533 | 548 | 518 | 579 |
| Operating Profit | 13 | 17 | 19 | 31 | 43 | 35 | 31 | 37 | 36 | 40 |
| OPM % | 3.9 | 3.7 | 4.5 | 6 | 5 | 4.7 | 5 | 6 | 6 | 6 |
| Other Income | 0 | 1 | 1 | 0 | 1 | 0 | 0 | 1 | 2 | 2 |
| Interest | 7 | 8 | 8 | 7 | 6 | 6 | 7 | 8 | 6 | 6 |
| Depreciation | 2 | 2 | 3 | 3 | 4 | 5 | 6 | 7 | 8 | 7 |
| Profit before tax | 4 | 7 | 9 | 21 | 34 | 24 | 18 | 22 | 24 | 28 |
| Tax % | 34 | 30 | 23 | 26 | 26 | 28 | 26 | 25 | 26 | — |
| Net Profit | 3 | 5 | 7 | 16 | 25 | 17 | 13 | 17 | 17 | 21 |
| EPS in Rs | 0.62 | 1.14 | 1.53 | 3.41 | 5.5 | 3.71 | 2.88 | 3.67 | 3.78 | 4.6 |
| Dividend Payout % | 16 | 9 | 7 | 4 | 4 | 5 | 7 | 6 | 6 | — |

### 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 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 14 | 30 | 35 | 41 | 56 | 81 | 97 | 109 | 125 | 141 |
| Borrowings | 46 | 32 | 34 | 34 | 28 | 28 | 35 | 54 | 59 | 68 |
| Other Liabilities | 67 | 89 | 113 | 111 | 202 | 203 | 159 | 128 | 134 | 121 |
| Total Liabilities | 130 | 157 | 186 | 191 | 291 | 316 | 295 | 295 | 323 | 334 |
| Fixed Assets | 23 | 30 | 37 | 44 | 54 | 64 | 76 | 94 | 96 | 92 |
| CWIP | 1 | 0 | 0 | 6 | 0 | 1 | 4 | 0 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 106 | 127 | 149 | 141 | 236 | 250 | 215 | 202 | 227 | 242 |
| Total Assets | 130 | 157 | 186 | 191 | 291 | 316 | 295 | 295 | 323 | 334 |

### 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 | -4 | 11 | 16 | 21 | 23 | 25 | 21 | 14 | 7 | 0 |
| Cash from Investing Activity | -1 | -6 | -10 | -12 | -7 | -15 | -19 | -17 | -10 | -3 |
| Cash from Financing Activity | 4 | -5 | -7 | -9 | -15 | -6 | -3 | 10 | -3 | 1 |
| Net Cash Flow | 0 | 0 | 0 | -1 | 1 | 3 | -1 | 7 | -7 | -2 |
| Free Cash Flow | -7 | 5 | 6 | 7 | 16 | 10 | 2 | -3 | -4 | -4 |
| CFO/OP | -31 | 93 | 105 | 122 | 84 | 81 | 76 | 59 | 32 | 14 |

### 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 | 86 | 79 | 82 | 112 | 65 | 54 | 65 | 71 | 105 |
| Inventory Days | 36 | 45 | 39 | 40 | 66 | 41 | 52 | 65 | 75 | 48 |
| Days Payable | 98 | 106 | 95 | 94 | 148 | 87 | 74 | 79 | 75 | 61 |
| Cash Conversion Cycle | 28 | 25 | 23 | 28 | 31 | 19 | 32 | 51 | 71 | 92 |
| Working Capital Days | 22 | 18 | 13 | 12 | 21 | 17 | 19 | 27 | 40 | 46 |
| ROCE % | 17 | 18 | 22 | 22 | 33 | 39 | 24 | 16 | 17 | 15 |

## 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 | 54.44% | 54.44% | 54.44% | 54.44% | 54.44% | 54.44% | 54.44% | 54.44% | 54.44% | 54.44% | 54.46% | 54.46% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.04% | 0.04% | 0.04% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.2% | 0.34% | 0.34% | 0.38% | 0.38% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 27.82% | 27.9% | 27.67% | 27.4% | 27.33% | 27.3% | 27.17% | 26.88% | 26.73% | 26.78% | 26.94% | 26.97% |
| Others | 17.74% | 17.66% | 17.89% | 18.16% | 18.24% | 18.27% | 18.35% | 18.44% | 18.46% | 18.45% | 18.22% | 18.19% |
| No. of Shareholders | 18635 | 17676 | 16052 | 15144 | 14258 | 13688 | 13389 | 13165 | 12774 | 12932 | 12634 | 12375 |

## 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 / 7 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 81.12 | Buy |
| EMA (10) | 81.64 | Buy |
| SMA (20) | 81.15 | Buy |
| EMA (20) | 80.71 | Buy |
| SMA (50) | 76.96 | Buy |
| EMA (50) | 79.24 | Buy |
| SMA (100) | 81.24 | Buy |
| EMA (100) | 79.29 | Buy |
| SMA (200) | 78.11 | Buy |
| EMA (200) | 81.52 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 57.6 | Neutral |
| MACD (12,26,9) | 1.29 | Sell |
| Stochastic (14,3,3) | 51.77 | Neutral |
| ADX (14) | 12.19 | Neutral |
| Williams %R (14) | -37.96 | Neutral |
| ATR (14) | 3.91 | High Volatility |
| ROC (12) | -1.53 | Sell |
| Stoch RSI (14) | 49.56 | Neutral |
| UO (7,14,28) | 54.24 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc3279f1-2787-4712-a7e5-9ae48f9bec80.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec9004d5-70f4-4111-9d8a-e67eb715a996.pdf) |
| 2026-09-01 | [Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements)Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5496bc9e-6edf-4912-bbc6-f5b24c81c90c.pdf) |
| 2026-08-31 | [Notice Of The 40Th Annual General Meeting Of Nikhil Adhesives Limited For The Financial Year 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1fc49403-39ca-454e-b275-1c8ecaafb642.pdf) |
| 2026-08-31 | [Intimation Of Book Closure/Record Date/E-Voting Period For The 40Th Annual General Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f865c4e6-899c-4a60-be3c-eaff57582bf5.pdf) |
| 2026-08-31 | [Intimation For The Record Date For The 40Th Annual General Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e7f9f90-6a72-4cbf-9adc-c2f3598f4aac.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc5a6ec4-84d7-499d-aefe-4a65a90734ad.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6fcb62e1-30d0-44a9-ae7d-502d902ce830.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8665675-90af-48b4-bac3-14213d4a3b29.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Disclosure Of Outcome Of Board Meeting Held On Friday 13Th August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aeb828fa-882d-414d-81f6-062b74699875.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Unaudited And Standalone Financial Results Of The Company For The Quarter Ended 30Th June 2026 Along With The Limited Review Report Thereon.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d0c86a4-4162-4e22-871b-6b0e08e8e9cc.pdf) |
| 2026-05-27 | [Outcome Of Audited Financial Results For The Quarter & Financial Year Ended On 31St March 2026 Along With Auditors Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58cfc79c-c185-458c-9cc4-61c1589a157e.pdf) |
| 2026-02-13 | [Unaudited Financial Results For The Quarter Ended 31St December 2025 Together With The Limited Review Report Thereon.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fda6200-6ec3-4036-92bd-db3260715aa1.pdf) |
| 2025-11-13 | [Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 Together With The Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2392e7fd-5f09-4812-ab83-74eadb11c216.pdf) |
| 2025-08-08 | [Unaudited Standalone Financial Results For The Quarter And Three Months Ended 30Th June 2025 Under Reg 33(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015 Along With Limited Review Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b38c29b6-d0fc-4629-b42b-151848af2f1a.pdf) |
| 2025-05-21 | [Audited Financial Results For The Quarter And Year Ended On 31St March 2025;](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53aa3f7d-3bfc-417b-a841-da8fb103efe7.pdf) |
| 2025-02-10 | [Unaudited Standalone Financial Results For The Quarter And Nine Months Ended 31St December 2024 Under Reg 33(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulation 2015 Along With Lim](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fae4971d-c4e6-4890-b91c-945bb16781e2.pdf) |
| 2024-11-12 | [Unaudited Standalone Financial Result Of The Company For The Quarter & Half Year Ended On 30Th September, 2024 Under Reg 33(3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulation, 2015 Along With Limited Review Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c142dd93-a0ef-4520-9e9d-889b081638f3.pdf) |
| 2024-08-08 | [Financial Results For The Quarter And Three Months Ended On 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47a094a6-ca1a-456f-a905-17d0e6acb3ec.pdf) |
| 2024-05-22 | [Financial Result For The Quarter And Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d05a88b-614f-4de8-9cb9-b5cca8c24e92.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 4 Feb - Board meeting Feb 13, 2026 to approve Q3 unaudited results (Dec 31, 2025); trading window closed. | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulations 29 Of The SEBI (LODR) Regulations, 2015. 4 Feb - Board meeting Feb 13, 2026 to approve Q3 unaudited results (Dec 31, 2025); trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a442ea14-83c0-4846-90b7-865872ae3071.pdf) |
| 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited Q4 FY2026 results declaration. | [Closure of Trading Window 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited Q4 FY2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8820224-b4fd-4107-a741-1ac1c880819e.pdf) |
| 16 Feb - Newspaper Advertisement for Unaudited Financial Results for the quarter ended on 31st December, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Feb - Newspaper Advertisement for Unaudited Financial Results for the quarter ended on 31st December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3a8e0eef-e09d-4736-a5d5-cff10dd49483.pdf) |
| 13 Feb - Board approved unaudited Q3 results (quarter ended 31-Dec-2025) and internal audit report on 13-Feb-2026. | [Board Meeting Outcome for Disclosure Of Outcome Of Board Meeting Held On Friday, 13Th February, 2026 13 Feb - Board approved unaudited Q3 results (quarter ended 31-Dec-2025) and internal audit report on 13-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2446bbf2-696e-4153-912a-5b6610472f78.pdf) |
| 13 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d4d7cca-c7aa-41ec-90aa-dadabf3e9781.pdf) |
| 12 Jan - Disclosure under reg 74(5) of SEBI (Depositories and Participants) Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan - Disclosure under reg 74(5) of SEBI (Depositories and Participants) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa9fda6e-3358-4209-9037-f1f07b375ad0.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fc118db9-b3c2-48c9-91a0-66651b763f98.pdf) |
| — | [Unaudited Financial Results For The Quarter Ended 31St December, 2025, Together With The Limited Review Report Thereon. 13 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fda6200-6ec3-4036-92bd-db3260715aa1.pdf) |
| — | [Results-Delay in Financial Results 3 Jun 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/778425ee-bdd9-4440-8302-ca3a75154298.pdf) |
| — | [Limited Review Financial Results For The Quarter Ended June 2019 21 May 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c017f09-f8df-4e53-9217-df8979be9ea4.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-05-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b81b8d2d-bba6-4044-8bd5-8cf021dbe4c6.pdf) |
| 2025-02-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1bd670f-c75f-4072-ac87-e55ed3f67475.pdf) |
| 2024-11-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1d73b61-22f5-4a5e-88a9-da1de69a0410.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1d73b61-22f5-4a5e-88a9-da1de69a0410.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b81b8d2d-bba6-4044-8bd5-8cf021dbe4c6.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1bd670f-c75f-4072-ac87-e55ed3f67475.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_3150_EDL_2012_2013_20012014170743.zip) |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_EDL_2011_2012_31122012035554.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_EDL_2010_2011_20062012115048.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_EDL_2009_2010_17092010120000.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3af3e9f4-6c84-49e5-9ca0-97429cb45a81.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28085d8f-f51a-403b-914f-c53395f239e4.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86cfb306-e177-4520-88b0-3f929e281209.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526159/74414526159_16_09_22.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526159/72213526159.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526159/67991526159_15_12_20.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 2026-09-13T18:27:42.401Z.