---
title: "Rasi Electrodes Ltd (531233) — Share Price, Financials & Analysis"
symbol: "531233"
company: "Rasi Electrodes Ltd"
canonical: "https://tapetide.com/stocks/531233"
isin: "INE822D01021"
nse_symbol: "RASIELECTRODESLTD"
bse_code: "531233"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 47.59
generated_at: "2026-09-13T18:34:46.981Z"
---

# Rasi Electrodes Ltd (531233)

Canonical page: https://tapetide.com/stocks/531233

## Company

- **NSE Symbol:** RASIELECTRODESLTD
- **BSE Code:** 531233
- **ISIN:** INE822D01021
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** rasielectrodes.com

## About

Incorporated in 1995, Rasi Electrodes Ltd
is a manufacturer of Mild Steel Electrodes 
and Copper Coated Welding wires[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:47:06.216480Z.

- **Market Cap:** ₹47.59 Cr
- **Classification:** Microcap
- **P/E (reported):** 13.3
- **EPS (TTM):** ₹1.15
- **EPS (reported):** ₹1.03
- **Book Value:** ₹12.48
- **Price to Book:** 1.22
- **Dividend Yield:** 1.31%
- **ROE:** 9.05%
- **ROCE:** 12.14%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹73.8 Cr
- **Net Income:** ₹3.5 Cr
- **EBITDA:** ₹5.4 Cr
- **52-Week High:** ₹21.05
- **52-Week Low:** ₹9.27
- **RSI (14):** 83.14

## Tapetide Score

- **Score:** 61 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Flat
- **Percentile:** 90.4 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 87.81 | 9% |
| growth | 19.52 | 9% |
| momentum | 51.26 | 12% |
| ownership | 50 | 24% |
| quality | 66.95 | 22% |
| valuation | 78.03 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.16 times its book value

### Weaknesses

- Promoter holding is low: 28.0%
- Company has a low return on equity of 8.63% over last 3 years.
- Earnings include an other income of Rs.1.72 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 40.7% | 46.14% | 264.87% |
| ebitda margin growth | 72.73% | 31.6% | 21.36% | 29.96% |
| net income growth | 62.5% | 29.63% | 0% | 19% |
| revenue growth | -7.25% | -10.33% | -6% | 13% |
| roce | — | 12.93% | -6.11% | 12.58% |
| roe | — | 16.62% | 8.88% | 16.93% |

## 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 | 21.55 | 20.75 | 22.74 | 21.25 | 20.63 | 19.33 | 20.23 | 19.42 | 16.78 | 17.25 | 18.56 | 17.64 |
| Expenses | 20.2 | 19.83 | 21.62 | 19.93 | 19.39 | 19 | 19.42 | 17.97 | 16.01 | 16.2 | 18.21 | 16.03 |
| Operating Profit | 1.35 | 0.92 | 1.12 | 1.32 | 1.24 | 0.33 | 0.81 | 1.45 | 0.77 | 1.05 | 0.35 | 1.61 |
| OPM % | 6.26 | 4.43 | 4.93 | 6.21 | 6.01 | 1.71 | 4 | 7.47 | 4.59 | 6.09 | 1.89 | 9.13 |
| Other Income | 0.06 | 0.28 | 0.44 | 0.07 | 0.29 | 0.25 | 0.26 | 0.37 | 0.49 | 0.15 | 0.78 | 0.3 |
| Interest | 0.01 | 0.06 | 0.03 | 0.04 | 0.02 | 0.04 | 0.03 | 0.01 | 0 | 0 | 0.03 | 0 |
| Depreciation | 0.15 | 0.15 | 0.33 | 0.2 | 0.2 | 0.2 | 0.08 | 0.2 | 0.2 | 0.2 | -0.02 | 0.2 |
| Profit before tax | 1.25 | 0.99 | 1.2 | 1.15 | 1.31 | 0.34 | 0.96 | 1.61 | 1.06 | 1 | 1.12 | 1.71 |
| Tax % | 24.8 | 25.25 | 19.17 | 5.22 | 38.17 | 47.06 | 31.25 | 21.74 | 27.36 | 26 | 33.04 | 22.22 |
| Net Profit | 0.93 | 0.74 | 0.97 | 1.09 | 0.8 | 0.17 | 0.67 | 1.26 | 0.76 | 0.74 | 0.76 | 1.33 |
| EPS in Rs | 0.3 | 0.24 | 0.31 | 0.35 | 0.26 | 0.05 | 0.22 | 0.4 | 0.24 | 0.24 | 0.24 | 0.43 |

### 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 | 34.24 | 47.43 | 45.96 | 39.45 | 68.38 | 87.53 | 83.83 | 81.44 | 72.02 | 70.23 |
| Expenses | 32.63 | 44.7 | 44.55 | 37.17 | 65.63 | 83.64 | 79.76 | 77.67 | 68.39 | 66.45 |
| Operating Profit | 1.61 | 2.73 | 1.41 | 2.28 | 2.75 | 3.89 | 4.07 | 3.77 | 3.63 | 3.78 |
| OPM % | 4.7 | 5.76 | 3.07 | 5.78 | 4.02 | 4.44 | 4.86 | 4.63 | 5.04 | 5.38 |
| Other Income | 0.62 | 0.54 | 0.71 | 0.85 | 1.17 | 1.42 | 1.05 | 0.81 | 1.79 | 1.72 |
| Interest | 0.71 | 0.68 | 0.46 | 0.37 | 0.46 | 0.46 | 0.18 | 0.14 | 0.05 | 0.03 |
| Depreciation | 0.68 | 0.82 | 0.88 | 0.75 | 0.68 | 0.68 | 0.78 | 0.68 | 0.58 | 0.58 |
| Profit before tax | 0.84 | 1.77 | 0.78 | 2.01 | 2.78 | 4.17 | 4.16 | 3.76 | 4.79 | 4.89 |
| Tax % | -1.19 | 42.37 | 34.62 | 32.84 | 26.62 | 28.06 | 22.84 | 27.39 | 26.51 | — |
| Net Profit | 0.85 | 1.02 | 0.51 | 1.36 | 2.05 | 3.01 | 3.2 | 2.74 | 3.52 | 3.59 |
| EPS in Rs | 0.27 | 0.33 | 0.16 | 0.44 | 0.66 | 0.97 | 1.03 | 0.88 | 1.13 | 1.15 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.7 | — |

### 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 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 | 6.23 |
| Reserves | 14.8 | 15.61 | 16.58 | 17.05 | 18.24 | 20.21 | 23.2 | 26.36 | 29.04 | 32.63 |
| Borrowings | 4.47 | 5.47 | 5.66 | 2.46 | 5.47 | 9.56 | 3.18 | 1.3 | 1.04 | 0.1 |
| Other Liabilities | 1.91 | 2.15 | 2.47 | 2.83 | 2.72 | 2.29 | 2.02 | 3.42 | 2.82 | 2.24 |
| Total Liabilities | 27.41 | 29.46 | 30.94 | 28.57 | 32.66 | 38.29 | 34.63 | 37.31 | 39.13 | 41.2 |
| Fixed Assets | 5.99 | 5.85 | 6.87 | 7.12 | 6.47 | 6.29 | 6.74 | 6.88 | 6.48 | 5.97 |
| CWIP | 0.04 | 0 | 0 | 0.04 | 0 | 0.01 | 0 | 0 | 0 | 0.33 |
| Investments | 0.76 | 0.47 | 0.44 | 0.21 | 0.32 | 0.54 | 0.51 | 0.75 | 2.09 | 2.35 |
| Other Assets | 20.62 | 23.14 | 23.63 | 21.2 | 25.87 | 31.45 | 27.38 | 29.68 | 30.56 | 32.55 |
| Total Assets | 27.41 | 29.46 | 30.94 | 28.57 | 32.66 | 38.29 | 34.63 | 37.31 | 39.13 | 41.2 |

### 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 | -0.5 | -0.25 | 1.54 | 4.38 | -2.42 | -3.9 | 7.5 | 4.4 | 4.57 | 6.43 |
| Cash from Investing Activity | -0.36 | 0.2 | -1.43 | -0.81 | 0.39 | -0.34 | -0.85 | -0.58 | -1.1 | 0.45 |
| Cash from Financing Activity | -1.38 | 0.29 | -0.49 | -3.66 | 2.63 | 3.63 | -6.84 | -2.06 | -0.4 | -0.99 |
| Net Cash Flow | -2.24 | 0.25 | -0.38 | -0.09 | 0.6 | -0.61 | -0.18 | 1.76 | 3.07 | 5.89 |
| Free Cash Flow | -0.85 | -0.74 | -0.3 | 3.22 | -2.42 | -4.42 | 6.38 | 3.54 | 4.23 | 6.04 |
| CFO/OP | 1 | 4 | 80 | 330 | -86 | -116 | 222 | 136 | 149 | 212 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 108.52 | 100.63 | 79.96 | 80.21 | 110.19 | 81.19 | 60.42 | 62.87 | 63.46 | 57.72 |
| Inventory Days | 104.14 | 76.68 | 64.62 | 69.48 | 103.07 | 74.58 | 48.16 | 42.01 | 43.11 | 43.67 |
| Days Payable | 8.8 | 12.71 | 13.05 | 14.11 | 8.65 | 0.9 | 0.1 | 5.39 | 2.27 | 1.2 |
| Cash Conversion Cycle | 203.87 | 164.6 | 131.53 | 135.57 | 204.61 | 154.87 | 108.48 | 99.49 | 104.3 | 100.19 |
| Working Capital Days | 190.8 | 157.45 | 117.74 | 125.8 | 160.8 | 106.7 | 95.12 | 103.23 | 100.48 | 101.06 |
| ROCE % | 7.42 | 5.19 | 9 | 4.65 | 8.19 | 9.58 | 13.5 | 12.84 | 10.85 | 11.82 |

## 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 | 27.96% | 27.96% | 27.96% | 27.96% | 27.96% | 27.96% | 27.96% | 27.96% | 27.96% | 27.96% | 27.96% | 27.96% |
| 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 | 56.58% | 56.64% | 57.22% | 57.05% | 56.6% | 56.8% | 57.08% | 56.97% | 57.05% | 56.95% | 56.86% | 56.63% |
| Others | 15.46% | 15.4% | 14.82% | 14.99% | 15.44% | 15.24% | 14.96% | 15.07% | 14.99% | 15.09% | 15.18% | 15.41% |
| No. of Shareholders | 7162 | 9440 | 14596 | 15383 | 19204 | 19029 | 18611 | 18110 | 17488 | 16885 | 16298 | 16099 |

## 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 / 5 / 1

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 12.88 | Buy |
| EMA (10) | 13.26 | Buy |
| SMA (20) | 12.62 | Buy |
| EMA (20) | 12.85 | Buy |
| SMA (50) | 12.49 | Buy |
| EMA (50) | 12.65 | Buy |
| SMA (100) | 12.88 | Buy |
| EMA (100) | 12.86 | Buy |
| SMA (200) | 13.39 | Buy |
| EMA (200) | 13.87 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 69.03 | Neutral |
| MACD (12,26,9) | 0.38 | Buy |
| Stochastic (14,3,3) | 80.99 | Sell |
| ADX (14) | 26.09 | Buy |
| Williams %R (14) | -30.58 | Neutral |
| ATR (14) | 0.7 | High Volatility |
| ROC (12) | 17.32 | Buy |
| Stoch RSI (14) | 66.78 | Neutral |
| UO (7,14,28) | 59.64 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb440c0e-1a72-41b8-aaa3-0f1934582a52.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e598704-c710-4137-9b37-88e15310834d.pdf) |
| 2026-08-30 | [Predispatch Intimation Under Regulation 34(1) - Notice Convening The 32Nd AGM And Annual Report FYE 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce27ee28-a747-45e1-835b-e40a05b57c02.pdf) |
| 2026-08-21 | [Record Date For Dividend To Be Declared At 32Nd AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b099bb13-379f-4279-b1ad-fec83967abe5.pdf) |
| 2026-08-19 | [32Nd AGM On 28.09.2026 Book Closure For 32Nd AGM And Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=482e4db1-a507-4ab5-b9c4-be68f8ef0648.pdf) |
| 2026-08-03 | [Board Meeting Intimation for Approval Of Unaudited Financial Results For Qe 30Thjune 2026 And To Fix 32Nd AGM DateEtc](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=822683af-5aa2-44c4-ae05-1b859a2f8399.pdf) |
| 2026-07-20 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=576d67ed-6b27-4211-9057-5bf8b63a14ce.pdf) |
| 2026-07-16 | [Board Meeting Outcome for Board Approved The Proposal To Sell Land And Authorised Managing Director To Enter Into Necessary Agreement For This Purpose](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85da6baf-98e6-48b6-a090-ab0724ed6515.pdf) |
| 2026-07-16 | [DISCLOSURE UNDER REGULATION 30(4)(I)(C)(2) & PART B OF SCHEDULE III Of SEBI (LODR) REGULATIONS 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8c68cdf-f18d-4110-80e0-162cbacbc20c.pdf) |
| 2026-07-10 | [Board Meeting Intimation for 1.To Evaluate The Proposals And Decide For Selling The Landed Property Belonging To The Company For Which Necessary Consent Of The Shareholders Have Been Obtained U/S Section 180 Of The Companies Act 2013 And Listing Regulatio](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b188498c-ef33-4f76-9aa0-7a75f527550c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Unaudited Financial Results FQE 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e907304a-273d-4056-be09-88760254fa08.pdf) |
| 2026-02-14 | [UNAUDITED FINANCIAL RESULTS FQE 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=537327cb-2574-43a7-ac3e-f56f8dd62ef4.pdf) |
| 2025-10-27 | [UNAUDITED FINANCIAL RESULTS FQE 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=194cf744-46cd-4ac0-9981-64c7382c8a5a.pdf) |
| 2025-08-08 | [UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c594fcba-7261-4f5d-93fe-9b8f4eae7a74.pdf) |
| 2025-05-30 | [Audited Financial Results For Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=344abab6-6a0f-433d-ad9b-686588505ac1.pdf) |
| 2025-02-14 | [RESULTS FQE 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34034536-43f4-4618-93af-486620fdda3d.pdf) |
| 2024-11-14 | [Board Approved Unaudited Financial Results For The Haly Year Ended 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9146566b-5cac-4f00-9f99-bb9348ac6dbd.pdf) |
| 2024-08-13 | [Unaudited Financial Results FQE 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47b89203-09f4-4aea-9cde-6920126612c0.pdf) |
| 2024-05-30 | [AUDITED FINANCIAL RESULTS FYE 31.3.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fad5b3c7-853d-4766-ab2b-69df902f1a7a.pdf) |
| 2024-02-13 | [Financial Result FQE 31.12.2023 Approved By Board At Meeting Held On 13.2.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a01f9c5-8503-4288-b527-15f8e0bdc39c.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Apr - Promoters disclosed shareholding and confirmed non-encumbrance as of 31 March 2026. | [SEBI SAST DISCLOSURES Received From Promoters And Promoters Grp Under Reg 30 And 31 Of SEBI (SAST) REG, 2011 AS ON 31.3.2026 6 Apr - Promoters disclosed shareholding and confirmed non-encumbrance as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b11d9868-606f-4765-94b1-ec530831cfb4.pdf) |
| 31 Mar - Recorded postal-ballot results (31-Mar-2026); authorized investments Rs.3/8/15 crore categories and loans up to Rs.5 crore. | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 31.03.2026 31 Mar - Recorded postal-ballot results (31-Mar-2026); authorized investments Rs.3/8/15 crore categories and loans up to Rs.5 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2c20ea52-805f-48d0-8049-b49f3ce02447.pdf) |
| 3 Apr - Board meeting on 31 Mar 2026 noted postal ballot voting result; filing time corrected. | [Reply To BSE Query On Disclosure Of Outcome Of Board Meeting Held On 31.3.2026 Made On 31.3.2026 3 Apr - Board meeting on 31 Mar 2026 noted postal ballot voting result; filing time corrected.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7da961c9-d28b-4a1f-81dd-c93732440a9a.pdf) |
| 21 Feb - Postal ballot (28 Feb–30 Mar 2026): appoint secretarial auditor; approve 5-year solar-power supply to related party at Rs.7/unit. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 21 Feb - Postal ballot (28 Feb–30 Mar 2026): appoint secretarial auditor; approve 5-year solar-power supply to related party at Rs.7/unit.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06ecd97f-6b0d-4377-9baf-ea2071674091.pdf) |
| 17 Apr - RTA confirms Regulation 74(5) compliance for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 17 Apr - RTA confirms Regulation 74(5) compliance for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60c72bf4-1a73-45ff-ac0f-06bd869cfc24.pdf) |
| 14 Feb - Unaudited Q3 results ended 31-Dec-2025; PBT Rs100.03 lakh, PAT Rs74.37 lakh; Board approved 14-Feb-2026. | [UNAUDITED FINANCIAL RESULTS FQE 31.12.2025 14 Feb - Unaudited Q3 results ended 31-Dec-2025; PBT Rs100.03 lakh, PAT Rs74.37 lakh; Board approved 14-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/537327cb-2574-43a7-ac3e-f56f8dd62ef4.pdf) |
| 14 Feb - Independent Directors met 13 Feb 2026; reviewed board, committees, chairman performance, information flow, and director familiarisation. | [INDEPENDENT DIRECTORS MEETING AND BOARD EVALUATION CONDUCTED ON 13022026 14 Feb - Independent Directors met 13 Feb 2026; reviewed board, committees, chairman performance, information flow, and director familiarisation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80b03724-d3ac-405f-aeab-a7549864e858.pdf) |
| 14 Feb - Familiarisation programme for independent directors held Feb 14, 2026; attendance and topics disclosed. | [DETAILS ABOUT FAMILIARISATION PROGR CONDUCTED FOR INDEPENDENT DIRECTORS ON 13.02.2026 14 Feb - Familiarisation programme for independent directors held Feb 14, 2026; attendance and topics disclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/546c9b6a-35f2-48ed-90a8-db4d3114f889.pdf) |
| 14 Feb - Board approved unaudited results for 31 Dec 2025; postal ballot for related‑party solar supply approval. | [Board Meeting Outcome for OUTCOME OF BOARD MEETING DISCLOSED 14 Feb - Board approved unaudited results for 31 Dec 2025; postal ballot for related‑party solar supply approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fdf916de-3723-4d2a-8347-eee3762eaf1d.pdf) |
| 14 Feb - Board appointed Mr. G. Madanasopal as secretarial auditor for FY ending 31 March 2026; postal ballot planned. | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 14 Feb - Board appointed Mr. G. Madanasopal as secretarial auditor for FY ending 31 March 2026; postal ballot planned.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8046fad-9477-47d1-a9cf-fb6e71a18452.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_IDFC_2011_2012_20062012101256.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_IDFC_2010_2011_04072011150505.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cddc35dc-e443-4de9-b780-3bca2b61efab.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9d9b73a-f59c-470d-9f95-2912a91dc5db.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1010f6e2-6c38-4c4e-abd6-0875a5b8dad5.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532659/75138532659.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531233/74874531233.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532659/69918532659_15_09_21.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531233/70498531233_09_10_21.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532659/65400532659_10_09_20.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8716118d-a91a-4021-9a40-4ab48991b6ce.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/242f6f4a-76df-4f59-ac4e-ba812cdeceb7.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5abbfbf-956a-4568-a8d2-1c4c1ab743ac.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb72bc8d-f53b-433c-9451-6173a843567e.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8563013-666f-47a5-9af1-8fc8ced66b08.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f73e3a12-31e1-4fe8-bdd1-dd5846f7613e.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b554de17-405f-499b-8628-7b19002ef6a6.pdf) |
| Jun 2021 | [Concall - Jun 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7e46e3a-447e-4dbb-b414-0fe53803118f.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b82ef201-6ed4-4bf3-b4fe-7c2705ec683e.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89a57984-5286-4649-baad-4f01ccd51e0d.pdf) |

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