---
title: "Valiant Communications Ltd (526775) — Share Price, Financials & Analysis"
symbol: "526775"
company: "Valiant Communications Ltd"
canonical: "https://tapetide.com/stocks/526775"
isin: "INE760B01019"
nse_symbol: "VALIANTCOMMUNICATIONSLTD"
bse_code: "526775"
sector: "Telecom"
industry: "Equipment & Accessories"
market_cap_cr: 1531.44
generated_at: "2026-09-13T19:15:10.618Z"
---

# Valiant Communications Ltd (526775)

Canonical page: https://tapetide.com/stocks/526775

## Company

- **NSE Symbol:** VALIANTCOMMUNICATIONSLTD
- **BSE Code:** 526775
- **ISIN:** INE760B01019
- **Sector:** Telecom
- **Industry:** Equipment & Accessories
- **Macro Sector:** Telecommunication
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** valiantcom.com

## About

Incorporated in 1993, Valiant Communications Ltd manufactures communication equipment, primarily for power utilities / other utilities and provides allied services[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:53:09.456074Z.

- **Market Cap:** ₹1531.44 Cr
- **Classification:** Microcap
- **P/E (reported):** 57.7
- **EPS (TTM):** ₹23.67
- **EPS (reported):** ₹11.05
- **Book Value:** ₹98.96
- **Price to Book:** 13.59
- **Dividend Yield:** 0.11%
- **ROE:** 15.61%
- **ROCE:** 20.54%
- **Debt to Equity:** 0.03
- **Revenue (yearly):** ₹84.87 Cr
- **Net Income:** ₹24.24 Cr
- **EBITDA:** ₹30.22 Cr
- **52-Week High:** ₹1359.8
- **52-Week Low:** ₹588.27
- **RSI (14):** 69.08

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 90.58 | 9% |
| growth | 96.55 | 9% |
| momentum | 85.66 | 12% |
| ownership | 50.71 | 24% |
| quality | 65.18 | 22% |
| valuation | 23.68 | 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 delivered good profit growth of 166% CAGR over last 5 years
- Debtor days have improved from 103 to 81.3 days.
- Company's working capital requirements have reduced from 168 days to 114 days

### Weaknesses

- Stock is trading at 15.7 times its book value
- Promoter holding has decreased over last quarter: -0.97%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -74.35% | -74.35% | -47.68% |
| ebitda margin growth | -1.74% | 13.61% | 46.79% | -424.3% |
| net income growth | -3.7% | 152.5% | 144% | 166% |
| revenue growth | -2.26% | 61.04% | 39% | 31% |
| roce | -1.77% | 29.67% | 209.34% | 7.54% |
| roe | -4.3% | 30.52% | 10.89% | 232.84% |

## 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 | 11.1 | 12.27 | 13.31 | 13.66 | 12.72 | 8.36 | 16.12 | 18.32 | 20.17 | 22.14 | 24.24 | 25.42 |
| Expenses | 8.85 | 9.8 | 9.39 | 9.41 | 8.88 | 8.25 | 10.54 | 12.02 | 13.24 | 14.44 | 14.98 | 14.56 |
| Operating Profit | 2.25 | 2.47 | 3.92 | 4.25 | 3.84 | 0.11 | 5.58 | 6.3 | 6.93 | 7.7 | 9.26 | 10.86 |
| OPM % | 20.27 | 20.13 | 29.45 | 31.11 | 30.19 | 1.32 | 34.62 | 34.39 | 34.36 | 34.78 | 38.2 | 42.72 |
| Other Income | 0.18 | 0.06 | 0.07 | 0.56 | 0.56 | 0 | 0.68 | 0.63 | 0.83 | 1.25 | 2.28 | 0.48 |
| Interest | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.05 | 0.07 | 0.04 | 0.05 | 0.04 | 0.05 | 0.06 |
| Depreciation | 0.55 | 0.56 | 0.62 | 0.61 | 0.66 | 0.66 | 0.69 | 0.67 | 0.7 | 0.72 | 0.78 | 0.77 |
| Profit before tax | 1.84 | 1.93 | 3.33 | 4.15 | 3.7 | -0.6 | 5.5 | 6.22 | 7.01 | 8.19 | 10.71 | 10.51 |
| Tax % | 21.74 | 29.02 | 25.23 | 24.82 | 24.32 | -11.67 | 23.27 | 24.12 | 24.82 | 26.25 | 24 | 25.88 |
| Net Profit | 1.43 | 1.38 | 2.49 | 3.12 | 2.8 | -0.53 | 4.22 | 4.72 | 5.27 | 6.04 | 8.14 | 7.79 |
| EPS in Rs | 1.32 | 1.28 | 2.18 | 2.74 | 2.46 | -0.46 | 3.7 | 4.14 | 4.62 | 5.28 | 7.11 | 6.66 |

### 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 | 23 | 19 | 20 | 22 | 13 | 32 | 46 | 51 | 85 | 92 |
| Expenses | 20 | 17 | 19 | 20 | 16 | 27 | 36 | 37 | 55 | 57 |
| Operating Profit | 3 | 2 | 1 | 1 | -3 | 4 | 10 | 14 | 30 | 35 |
| OPM % | 14 | 11 | 6 | 7 | -23 | 14 | 22 | 27 | 36 | 38 |
| Other Income | 0 | 0 | 1 | 3 | 2 | 0 | 0 | 2 | 5 | 5 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 2 | 1 | 0 | 2 | -4 | 2 | 8 | 13 | 32 | 36 |
| Tax % | 34 | 26 | -89 | 24 | -27 | 25 | 25 | 25 | 25 | — |
| Net Profit | 1 | 0 | 0 | 2 | -3 | 2 | 6 | 10 | 24 | 27 |
| EPS in Rs | 1.2 | 0.4 | 0 | 1.48 | -2.44 | 1.56 | 5.45 | 8.43 | 21.13 | 23.67 |
| Dividend Payout % | 0 | 0 | — | 0 | 0 | 0 | 0 | 12 | 7 | — |

### 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 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 11 |
| Reserves | 23 | 24 | 24 | 24 | 27 | 24 | 26 | 44 | 54 | 85 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 | 3 |
| Other Liabilities | 2 | 4 | 3 | 3 | 3 | 3 | 5 | 5 | 8 | 13 |
| Total Liabilities | 32 | 35 | 34 | 35 | 37 | 34 | 40 | 58 | 72 | 112 |
| Fixed Assets | 7 | 7 | 7 | 7 | 6 | 7 | 9 | 10 | 10 | 14 |
| CWIP | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1 | 0 | 0 | 2 | 4 | 0 | 1 | 2 | 2 | 6 |
| Other Assets | 25 | 28 | 28 | 25 | 26 | 27 | 30 | 47 | 59 | 92 |
| Total Assets | 32 | 35 | 34 | 35 | 37 | 34 | 40 | 58 | 72 | 112 |

### 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 | -3 | 4 | 1 | 2 | 2 | -4 | 3 | 3 | 1 | 32 |
| Cash from Investing Activity | 1 | -4 | 1 | -5 | 0 | 4 | -4 | -3 | -15 | -28 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 13 | 0 | 11 |
| Net Cash Flow | -2 | 0 | 2 | -3 | 1 | 0 | 0 | 12 | -14 | 15 |
| Free Cash Flow | -4 | 2 | 0 | 0 | 0 | -6 | -1 | 0 | -3 | 26 |
| CFO/OP | -160 | 142 | 92 | 223 | 73 | 122 | 74 | 48 | 30 | 133 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 213 | 187 | 171 | 144 | 129 | 83 | 43 | 86 | 142 | 81 |
| Inventory Days | 341 | 190 | 343 | 345 | 287 | 837 | 414 | 246 | 337 | 161 |
| Days Payable | 56 | 76 | 65 | 76 | 31 | 102 | 75 | 21 | 79 | 71 |
| Cash Conversion Cycle | 497 | 301 | 449 | 413 | 385 | 818 | 382 | 311 | 400 | 172 |
| Working Capital Days | 341 | 237 | 295 | 262 | 249 | 413 | 185 | 168 | 222 | 114 |
| ROCE % | 3 | 7 | 2 | -1 | 1 | -14 | 7 | 19 | 21 | 40 |

## 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 | 45.52% | 45.52% | 43.11% | 42.71% | 41.83% | 41.83% | 41.83% | 41.83% | 40.81% | 40.62% | 40.62% | 39.64% |
| FIIs | 0% | 0% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% | 0.85% | 0.85% | 0.98% | 0.96% |
| DIIs | 0.44% | 0% | 1.06% | 0.8% | 0.8% | 0% | 0% | 0.61% | 1.59% | 1.58% | 1.58% | 3.28% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 44.69% | 44.25% | 44.52% | 44.56% | 45.76% | 46.57% | 46.61% | 46.58% | 46.73% | 46.64% | 45.63% | 44.72% |
| Others | 9.35% | 10.23% | 11.15% | 11.77% | 11.45% | 11.44% | 11.4% | 10.83% | 10.02% | 10.31% | 11.19% | 11.4% |
| No. of Shareholders | 3855 | 4214 | 5029 | 5912 | 6298 | 6672 | 6766 | 6339 | 6638 | 6989 | 7950 | 9281 |

## 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 / 3 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1280.62 | Buy |
| EMA (10) | 1278.87 | Buy |
| SMA (20) | 1205.65 | Buy |
| EMA (20) | 1227.93 | Buy |
| SMA (50) | 1111.52 | Buy |
| EMA (50) | 1158.6 | Buy |
| SMA (100) | 1108.75 | Buy |
| EMA (100) | 1104.2 | Buy |
| SMA (200) | 1004.03 | Buy |
| EMA (200) | 993.47 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 65.34 | Neutral |
| MACD (12,26,9) | 59.86 | Buy |
| Stochastic (14,3,3) | 91.52 | Sell |
| ADX (14) | 34.06 | Buy |
| Williams %R (14) | -10.66 | Sell |
| ATR (14) | 73.44 | High Volatility |
| ROC (12) | 19.71 | Buy |
| Stoch RSI (14) | 84.14 | Sell |
| UO (7,14,28) | 57.69 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e64623a-eb62-4e59-95e0-ff313c348952.pdf) |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c788d8d5-eef0-4541-8c69-03c4b5490dd3.pdf) |
| 2026-09-03 | [Letter Sent To Shareholders Providing Web-Link Of Annual Report For FY 2025-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=748d8a8a-41d4-4af3-a68e-e2732ac90c6e.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bf436976-5248-4258-b688-9b334dda9cd6.pdf) |
| 2026-09-02 | [Notice Of Annual General Meeting (AGM)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca7b0609-48b7-48ac-9706-869425533f04.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b794d44-b364-45e0-a24c-fe7ba4a79819.pdf) |
| 2026-08-20 | [Communication To Shareholders - Intimation Of Tax Deduction On Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=256a321f-c716-47d9-813f-5b15162a9d66.pdf) |
| 2026-08-18 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af46f82f-c65c-4ce0-bd10-6060e01994e8.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dabfedea-09d1-47f7-8dc5-caf7302763f0.pdf) |
| 2026-08-13 | [Intimation Of Date Of Annual General Meeting And Record Date For Payment Of Final Dividend On Equity Shares For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41cd3a10-5e6b-4c7e-9e58-b1e6b8f08083.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Approval Of Unaudited Financial Results For The Quarter Ended 30-06-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=749500ec-3182-4959-a7c5-4ec6530a1959.pdf) |
| 2026-05-30 | [Approval Of Audited Financial Results For Financial Year Ended 31-03-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41ba369a-29b3-461c-ab9c-d295e932843c.pdf) |
| 2026-02-03 | [Un-Audited (Standalone And Consolidated) Financial Results For Quarter Ended 31-12-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5161984a-88c6-4c0f-b941-8534b0c924bf.pdf) |
| 2025-10-30 | [Un-Audited (Standalone And Consolidated) Financial Results For Quarter Ended September 30Th 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e886696b-1eb1-40ba-8fd8-19b634825577.pdf) |
| 2025-08-12 | [Approval Of Unaudited Financial Results For The Quarter Ended 30-06-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6a196329-6ddf-4f32-b4b3-3be931d1fcca.pdf) |
| 2025-05-30 | [Audited Financial Results For Financial Year Ended 31-03-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=534bdf1a-9c87-42f9-990a-7aef0a6859c4.pdf) |
| 2025-02-12 | [Integrated Filing (Financial) For The Quarter And Nine Months Period Ended 31-12-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa402906-2406-4e30-b63d-edc805b39cba.pdf) |
| 2024-11-12 | [Un-Audited (Standalone And Consolidated) Financial Results For Quarter Ended September 30Th 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=027d94db-f677-45ee-a52e-fca907f04e07.pdf) |
| 2024-08-02 | [Un-Audited (Standalone And Consolidated) Financial Results For Quarter Ended June 301H 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9de4ea8a-ebc0-41bb-b7bd-6b869c9f7bb6.pdf) |
| 2024-05-29 | [Audited Financial Results (Standalone And Consolidated) For The Financial Year Ended 31-03-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e62a74ca-b94b-40d2-93d3-75dfb1fa9e67.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Special window open Feb 5, 2026 to Feb 4, 2027 for physical security transfers and demat. | [Notice To Shareholders Regarding Opening Of Special Window For Transfer And Dematerialisation Of Physical Securities. 8 Apr - Special window open Feb 5, 2026 to Feb 4, 2027 for physical security transfers and demat.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f6c09a0a-4734-4c7b-a188-d2ee35ee18d7.pdf) |
| 7 May - Allotted 2.5 lakh shares on May 7, 2026, after early warrant conversion; capital now 1.1692 crore shares. | [Announcement under Regulation 30 (LODR)-Allotment 7 May - Allotted 2.5 lakh shares on May 7, 2026, after early warrant conversion; capital now 1.1692 crore shares.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/29ee3739-994b-4a38-88d5-28134634d42f.pdf) |
| 30 Mar - Trading window closed from 01-Apr-2026 until 48 hours after audited results for quarter/year ending 31-03-2026. | [Closure of Trading Window 30 Mar - Trading window closed from 01-Apr-2026 until 48 hours after audited results for quarter/year ending 31-03-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f34aa62-90fc-4fab-8ebd-8ddc5e08d2c3.pdf) |
| 30 January 2026 - Board approved H1 FY2026 unaudited standalone/consolidated results; Exec Director Govind Rai Garg resigned effective 21 Jan 2026. | [Outcome of Board Meeting 30 January 2026 - Board approved H1 FY2026 unaudited standalone/consolidated results; Exec Director Govind Rai Garg resigned effective 21 Jan 2026.](https://nsearchives.nseindia.com/corporate/EXIM_30012026203329_EXIM_14th_BM_Outcome_along_with_Half_yearly_Financials-1.pdf) |
| 30 January 2026 - Board approved H1 (Sep 30, 2025) unaudited standalone/consolidated results; Exec Director resigned Jan 21, 2026; new ERIS vendor approved without cost increase. | [Outcome of Board Meeting 30 January 2026 - Board approved H1 (Sep 30, 2025) unaudited standalone/consolidated results; Exec Director resigned Jan 21, 2026; new ERIS vendor approved without cost increase.](https://nsearchives.nseindia.com/corporate/EXIM_30012026202338_EXIM_14th_BM_Outcome_along_with_Half_yearly_Financials-1.pdf) |
| 30 January 2026 - Approved H1 results (ended Sep 30, 2025); ED Govind Rai Garg resigned Jan 21, 2026; new ERIS vendor onboarded. | [Outcome of Board Meeting 30 January 2026 - Approved H1 results (ended Sep 30, 2025); ED Govind Rai Garg resigned Jan 21, 2026; new ERIS vendor onboarded.](https://nsearchives.nseindia.com/corporate/EXIM_30012026234710_exim.pdf) |
| 3 Feb - Q3 FY2025-26: Revenue ₹2,214l, PAT ₹605l; gross order book ₹7,643l; opportunities ₹13,600+l. | [Business Updates 3 Feb - Q3 FY2025-26: Revenue ₹2,214l, PAT ₹605l; gross order book ₹7,643l; opportunities ₹13,600+l.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08361640-708d-4b64-862b-7684d7bd3cf9.pdf) |
| 27 Feb - Received INR 738 Lacs domestic order to supply communication equipment; execution by 31-03-2027. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 27 Feb - Received INR 738 Lacs domestic order to supply communication equipment; execution by 31-03-2027.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9690fdf7-7bae-45ba-9836-a5d64578a02e.pdf) |
| 23 Feb - 23 Feb 2026: Successful evaluation with Indian Armed Forces of hardware-based network 'kill switch' for mission-critical networks. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 23 Feb - 23 Feb 2026: Successful evaluation with Indian Armed Forces of hardware-based network 'kill switch' for mission-critical networks.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/242dcbfd-abb0-4fff-af3d-d4aa8a4e5dec.pdf) |
| 21 January 2026 - Executive Director Govind Rai Garg (DIN 08147346) resigned effective close of business January 21, 2026. | [Resignation 21 January 2026 - Executive Director Govind Rai Garg (DIN 08147346) resigned effective close of business January 21, 2026.](https://nsearchives.nseindia.com/corporate/EXIM_21012026172111_FINAL.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97c68a9a-c2bd-4d13-9880-98fff363cb33.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63b26cb5-d091-4e27-ab1d-31390f4d0fcb.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63b26cb5-d091-4e27-ab1d-31390f4d0fcb.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=583c320f-62e9-4393-ba66-f17168a741f3.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/583c320f-62e9-4393-ba66-f17168a741f3.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33177e86-ddac-4bd5-ac86-832936c57e86.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/33177e86-ddac-4bd5-ac86-832936c57e86.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b632c917-18b9-4e1f-b600-113e920db8e7.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b632c917-18b9-4e1f-b600-113e920db8e7.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6d4622ad-dd19-44d7-aaf9-ab728685c89c.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-04-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14c19934-b148-4c78-9196-8b6da9e8f9ac.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51717c6f-f717-4c2b-b3e8-3c879090223e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c44331e8-2ff6-443f-b423-d83bcd7b98a5.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93e2a908-c5ed-4493-9939-e4f27fb97f2c.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526775/75966526775.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526775/70676526775_01_10_21.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526775/65590526775_01_10_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/526775/5267750319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/526775/5267750318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/526775/5267750317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/526775/5267750316.pdf) |

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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 2026-09-13T19:15:10.618Z.