---
title: "Royal Cushion Vinyl Products Ltd (526193) — Share Price, Financials & Analysis"
symbol: "526193"
company: "Royal Cushion Vinyl Products Ltd"
canonical: "https://tapetide.com/stocks/526193"
isin: "INE618A01011"
nse_symbol: "ROYALCUSHIONVINYLPRODUCTSLTD"
bse_code: "526193"
sector: "Consumer Goods"
industry: "Granites & Marbles"
market_cap_cr: 46.84
generated_at: "2026-09-13T18:52:48.629Z"
---

# Royal Cushion Vinyl Products Ltd (526193)

Canonical page: https://tapetide.com/stocks/526193

## Company

- **NSE Symbol:** ROYALCUSHIONVINYLPRODUCTSLTD
- **BSE Code:** 526193
- **ISIN:** INE618A01011
- **Sector:** Consumer Goods
- **Industry:** Granites & Marbles
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** rcvp.in

## About

Incorporated in 1983, Royal Cushion 
Vinyl Products Ltd deals in PVC products.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:47:19.061386Z.

- **Market Cap:** ₹46.84 Cr
- **Classification:** Microcap
- **P/E (reported):** -4
- **EPS (TTM):** ₹-3.46
- **EPS (reported):** ₹1.5
- **Book Value:** ₹-19.27
- **Price to Book:** -0.72
- **Dividend Yield:** 0%
- **ROE:** -8%
- **ROCE:** 57.97%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹55.93 Cr
- **Net Income:** ₹-7.94 Cr
- **EBITDA:** ₹-8.66 Cr
- **52-Week High:** ₹25.89
- **52-Week Low:** ₹10.66
- **RSI (14):** 52.19

## Tapetide Score

- **Score:** 43 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Falling
- **Percentile:** 22.3 (of 4473 scored stocks)
- **Confidence:** 84%
- **Data coverage:** 67%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 12.65 | 9% |
| growth | 25.64 | 9% |
| momentum | 9.52 | 12% |
| ownership | 50 | 24% |
| quality | 47.29 | 22% |
| valuation | 67.67 | 24% |

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

## Key Insights

### Strengths

- Debtor days have improved from 46.4 to 27.0 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -1.71% over past five years.
- Promoter holding is low: 39.9%
- Promoters have pledged 76.5% of their holding.
- Promoter holding has decreased over last 3 years: -26.2%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 75.57% | 48.76% | -127.85% |
| ebitda margin growth | -277.78% | -248.87% | -193.81% | -18.63% |
| net income growth | — | -445.22% | 16% | -3% |
| revenue growth | -49.09% | -24.72% | 2% | -2% |
| roce | — | -102.63% | — | -456.17% |
| roe | — | -99.19% | -333.02% | — |

## 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 | 12.25 | 16.7 | 16.66 | 16.15 | 16.8 | 15.95 | 15.01 | 12.61 | 18.84 | 12.73 | 11.76 | 8.25 |
| Expenses | 13.55 | 16.21 | 15.74 | 16.12 | 17.99 | 16.73 | 16.92 | 14.72 | 20.11 | 15.01 | 14.75 | 11.53 |
| Operating Profit | -1.3 | 0.49 | 0.92 | 0.03 | -1.19 | -0.78 | -1.91 | -2.11 | -1.27 | -2.28 | -2.99 | -3.28 |
| OPM % | -10.61 | 2.93 | 5.52 | 0.19 | -7.08 | -4.89 | -12.72 | -16.73 | -6.74 | -17.91 | -25.43 | -39.76 |
| Other Income | 239.47 | 0.16 | 61.13 | 0.6 | 1.09 | 0.11 | 8.64 | 3.78 | 0.91 | 0.24 | 4.79 | 0.13 |
| Interest | 0.69 | 0.71 | 0.71 | 0.58 | 0.53 | 0.54 | 1.55 | 1.83 | 1.95 | 2.24 | 1.84 | 1.72 |
| Depreciation | 0.35 | 0.36 | 0.07 | 0.23 | 0.23 | 0.26 | 0.27 | 0.26 | 0.26 | 0.25 | 0.38 | 0.27 |
| Profit before tax | 237.13 | -0.42 | 61.27 | -0.18 | -0.86 | -1.47 | 4.91 | -0.42 | -2.57 | -4.53 | -0.42 | -5.14 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 1.36 | 1.83 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 237.13 | -0.41 | 61.27 | -0.18 | -0.85 | -1.5 | 4.82 | -0.42 | -2.58 | -4.53 | -0.42 | -5.13 |
| EPS in Rs | 196.51 | -0.11 | 16.75 | -0.05 | -0.23 | -0.41 | 1.32 | -0.11 | -0.71 | -1.24 | -0.11 | -1.4 |

### 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 | 72 | 74 | 62 | 61 | 69 | 52 | 55 | 64 | 56 | 52 |
| Expenses | 81 | 85 | 72 | 67 | 81 | 66 | 57 | 68 | 65 | 61 |
| Operating Profit | -10 | -11 | -9 | -6 | -12 | -13 | -3 | -4 | -9 | -10 |
| OPM % | -14 | -16 | -15 | -9 | -17 | -26 | -4.9 | -6 | -15 | -19 |
| Other Income | 8 | 22 | 8 | 13 | 63 | 19 | 301 | 10 | 10 | 6 |
| Interest | 4 | 5 | 4 | 4 | 3 | 4 | 3 | 3 | 8 | 8 |
| Depreciation | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | -7 | 4 | -7 | 2 | 47 | 0 | 294 | 2 | -8 | -13 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | — |
| Net Profit | -7 | 4 | -7 | 2 | 47 | 0 | 294 | 2 | -8 | -13 |
| EPS in Rs | -5.79 | 3.65 | -5.7 | 1.66 | 39.06 | 0.16 | 80.41 | 0.63 | -2.17 | -3.46 |
| 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 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 37 | 37 | 37 |
| Reserves | -449 | -463 | -458 | -465 | -463 | -416 | -416 | -66 | -65 | -73 |
| Borrowings | 311 | 322 | 328 | 334 | 335 | 305 | 326 | 63 | 84 | 85 |
| Other Liabilities | 171 | 169 | 156 | 153 | 152 | 133 | 106 | 40 | 30 | 30 |
| Total Liabilities | 46 | 40 | 38 | 34 | 36 | 35 | 29 | 73 | 86 | 78 |
| Fixed Assets | 19 | 20 | 20 | 17 | 13 | 13 | 13 | 47 | 48 | 47 |
| CWIP | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 2 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 26 | 19 | 17 | 16 | 22 | 22 | 16 | 25 | 37 | 31 |
| Total Assets | 46 | 40 | 38 | 34 | 36 | 35 | 29 | 73 | 86 | 78 |

### 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 | 3 | -1 | -2 | -8 | -1 | -35 | -74 | -18 | 7 |
| Cash from Investing Activity | -1 | -1 | -1 | 1 | 12 | 0 | 18 | 8 | -1 | 0 |
| Cash from Financing Activity | -7 | -1 | 2 | 1 | -3 | 1 | 17 | 67 | 18 | -8 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | -1 | 0 |
| Free Cash Flow | 7 | 1 | -3 | -1 | 3 | -1 | -18 | -66 | -19 | 7 |
| CFO/OP | -89 | -26 | 9 | 22 | 138 | 12 | 264 | 2784 | 473 | -86 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 24 | 15 | 12 | 9 | 16 | 18 | 11 | 43 | 69 | 27 |
| Inventory Days | 135 | 93 | 77 | 68 | 84 | 54 | 45 | 87 | 70 | 61 |
| Days Payable | 617 | 552 | 586 | 607 | 607 | 353 | 298 | 352 | 209 | 218 |
| Cash Conversion Cycle | -458 | -444 | -497 | -529 | -507 | -280 | -242 | -222 | -69 | -131 |
| Working Capital Days | -373 | -368 | -402 | -468 | -454 | -304 | -760 | -426 | -231 | -344 |
| ROCE % | — | — | — | — | — | — | — | — | 10 | 0 |

## 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 | 66.16% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% | 39.92% |
| FIIs | 0% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| DIIs | 2.57% | 0.85% | 5.63% | 5.63% | 5.63% | 5.63% | 5.63% | 5.41% | 5.38% | 5.17% | 5.17% | 5.17% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.37% | 44.93% | 45.72% | 45.69% | 45.1% | 45.45% | 45.29% | 45.61% | 45.41% | 45.61% | 43% | 42.86% |
| Others | 6.9% | 14.31% | 8.72% | 8.75% | 9.34% | 8.99% | 9.15% | 9.05% | 9.28% | 9.3% | 11.9% | 12.04% |
| No. of Shareholders | 3700 | 3790 | 3908 | 4173 | 4562 | 4799 | 4760 | 4742 | 4790 | 4752 | 4740 | 4710 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 12.85 | Buy |
| EMA (10) | 13.22 | Buy |
| SMA (20) | 12.46 | Buy |
| EMA (20) | 13.16 | Buy |
| SMA (50) | 14.66 | Sell |
| EMA (50) | 14.08 | Sell |
| SMA (100) | 15.37 | Sell |
| EMA (100) | 15.32 | Sell |
| SMA (200) | 17.67 | Sell |
| EMA (200) | 17.51 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 50.15 | Neutral |
| MACD (12,26,9) | -0.19 | Buy |
| Stochastic (14,3,3) | 61.2 | Neutral |
| ADX (14) | 28.25 | Buy |
| Williams %R (14) | -55.68 | Neutral |
| ATR (14) | 1.55 | High Volatility |
| ROC (12) | 8.07 | Buy |
| Stoch RSI (14) | 51.45 | Neutral |
| UO (7,14,28) | 58.49 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=117195b4-548b-4c6f-ae49-6db9fcb0fe33.pdf) |
| 2026-09-05 | [Intimation Of Book Closure And Record Date Pursuant To Reg 42 Of SEBI (LODR) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce1c6456-5de6-4cf8-8e2d-f006bfdf4201.pdf) |
| 2026-09-05 | [Intimation Of Book Closure Pursuant To Regulation 42 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=129d96de-ed4b-4ca6-98db-4c7f5fade525.pdf) |
| 2026-09-05 | [Submission Of Notice Of 42Nd Annual General Meeting ( AGM) And Annual Report For Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b8ac774-1442-4b52-857f-234866323940.pdf) |
| 2026-09-05 | [Notice Of 42Nd Annual General Meeting ( AGM) And Annual Report For Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cde6f336-e73d-4788-80da-6b25f8746f31.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Outcome Of The Board Meeting And Disclosure Of Events Pursuant To Regulation 30 Read With Schedule III Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b36fe92e-f1f0-46fa-85cc-c5232ec6a111.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dbef2017-1092-4c7b-89ec-b3ee67135330.pdf) |
| 2026-08-27 | [Board Meeting Intimation for 1. To Consider And Approve The Date Time Venue/Mode And Notice For Convening The AGM To Be Held On Tuesday September 29Th 2026. 2 To Consider And Approve The Draft Directors Report And Related Items. 3. To Take Note Of The S](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=635fa1ac-57a4-4a53-a361-8a07cd1aeda5.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e6def78-f98d-4d36-b1e3-502f5e3d20e6.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Held On Thursday August 13 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7c203a4-74dc-4e65-a245-7759818baf45.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results - Financial Results For Quarter Ended As On 30 June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e80953a4-a1da-4649-b32e-aa344b76d2f7.pdf) |
| 2026-05-29 | [Results - Financials For The Year Ended March 31St 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c69f68c-8be0-4c55-8b32-c29cffe1e203.pdf) |
| 2026-02-12 | [Unaudited Standalone Financial Results Along With Limited Review Report For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=354f74a9-e0a3-40d5-b3a1-f51be4eceb09.pdf) |
| 2025-08-14 | [Board Meeting Outcome for Unaudited Quarterly Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c6475d5-2f4d-405f-9311-a8921ec24d7b.pdf) |
| 2025-06-04 | [Audited Standalone Financial Results For The Quarter And Financial Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f62920e-f9c1-4d31-920c-c4967adcedb8.pdf) |
| 2025-02-12 | [UNAUDITED FINANCIAL RESULTS ALONGWITH LIMITED REVIEW REPORT FOR THE QUARTER AND NINE MONTHS ENDED DECEMBER 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=909781f5-6412-4afd-a2e5-b90b3c73a5f7.pdf) |
| 2024-11-12 | [Unaudited Standalone Financial Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c620c2a9-4ab7-4ca5-8248-f434c13b004d.pdf) |
| 2024-08-13 | [Unaudited Financial Results For The Quarter Ended 30/06/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=57c03de0-c426-4952-9ec1-cbd293c4a067.pdf) |
| 2024-05-30 | [Audited Results- Standalone Financial Results For The Quarter And Year Ended On31/03/2024 Alongwith Limited Review Report And Declaration On Unmodified Opinion](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d13a70a8-d63e-498c-ac5f-2f7cebcfa02a.pdf) |
| 2024-05-29 | [Audited Financial Results For The Quarter And Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9253015c-fda8-46dd-a781-9bcc30ba0644.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Prior Intimation of the Board Meeting to be held on 12th February 2026 for considering and approving unaudited Financial results for Quarter. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Feb - Prior Intimation of the Board Meeting to be held on 12th February 2026 for considering and approving unaudited Financial results for Quarter.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44d21e13-8f6f-4be6-89d9-cf04f425e1aa.pdf) |
| 4h - Company says Large Corporate norms don’t apply; outstanding borrowing was ₹2,770 crore as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 4h - Company says Large Corporate norms don’t apply; outstanding borrowing was ₹2,770 crore as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/eea7e3c9-f313-4dd3-92d6-327e49f4ea58.pdf) |
| 24 October 2025 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 24 October 2025 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=EFORCE&tabIndex=sme) |
| 23 Apr - Company says Large Corporate norms don’t apply; outstanding borrowing was ₹2,770 crore as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 23 Apr - Company says Large Corporate norms don’t apply; outstanding borrowing was ₹2,770 crore as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eea7e3c9-f313-4dd3-92d6-327e49f4ea58.pdf) |
| 14 October 2025 - Certificate under Reg 74(5) for quarter and half-year ended Sep 30, 2025. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 14 October 2025 - Certificate under Reg 74(5) for quarter and half-year ended Sep 30, 2025.](https://nsearchives.nseindia.com/corporate/ELECTROFORCE_14102025192427_Reg_74_5__EFIL_sd.pdf) |
| 14 January 2026 - Certificate under Regulation 74(5) for quarter and half-year ended Dec 31, 2025 filed. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 14 January 2026 - Certificate under Regulation 74(5) for quarter and half-year ended Dec 31, 2025 filed.](https://nsearchives.nseindia.com/corporate/ELECTROFORCE_14012026204657_Covering_Letter_signed.pdf) |
| 13 November 2025 - Unaudited H1 results to Sep 30, 2025: Revenue ₹1,092.78L, Profit ₹86.35L; board approved Nov 13, 2025. | [Outcome of Board Meeting 13 November 2025 - Unaudited H1 results to Sep 30, 2025: Revenue ₹1,092.78L, Profit ₹86.35L; board approved Nov 13, 2025.](https://nsearchives.nseindia.com/corporate/ELECTROFORCE_13112025200254_Outcome.pdf) |
| 13 November 2025 - Approved unaudited H1 Sep 30, 2025 results: Total income ₹1,092.78L; profit ₹86.35L; limited review. | [Outcome of Board Meeting 13 November 2025 - Approved unaudited H1 Sep 30, 2025 results: Total income ₹1,092.78L; profit ₹86.35L; limited review.](https://nsearchives.nseindia.com/corporate/ELECTROFORCE_13112025195740_Outcome.pdf) |
| 13 Feb - The BM of the Company was held on 12th Feb 2026 to consider and approve the Unaudited Standalone Financial Results for the Quarter and Nine … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb - The BM of the Company was held on 12th Feb 2026 to consider and approve the Unaudited Standalone Financial Results for the Quarter and Nine …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/440e16ac-40e9-4b20-baa4-eb5c96dd66db.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/8922d607-437c-4943-9679-c2810c20e13d.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28625_EFORCE_2024_2025_A_5806557_05092025182143.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26377_EFORCE_2023_2024_07122024191154.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cb0fdd2f-6257-45a1-a7e6-7f7a7d9f7a69.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4510f7a4-cd7b-4f83-8c79-ba3c415b85ca.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ca75792-0dc1-46eb-8ae9-e2c0f489701c.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526193/74885526193.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526193/70985526193.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526193/66943526193.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/526193/5261930319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/526193/5261930318.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 2026-09-13T18:52:48.629Z.