---
title: "Mercury EV-Tech Ltd (531357) — Share Price, Financials & Analysis"
symbol: "531357"
company: "Mercury EV-Tech Ltd"
canonical: "https://tapetide.com/stocks/531357"
isin: "INE763M01028"
nse_symbol: "MERCURYEV"
bse_code: "531357"
sector: "Automobiles"
industry: "Cars & Utility Vehicles"
market_cap_cr: 816.5
generated_at: "2026-09-13T18:53:17.587Z"
---

# Mercury EV-Tech Ltd (531357)

Canonical page: https://tapetide.com/stocks/531357

## Company

- **NSE Symbol:** MERCURYEV
- **BSE Code:** 531357
- **ISIN:** INE763M01028
- **Sector:** Automobiles
- **Industry:** Cars & Utility Vehicles
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2026-06-02
- **CEO:** Mr. Jayesh Raichandbhai Thakkar
- **Employees:** 129
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** mercurymetals.in

## About

Incorporated in 1986, Mercury Ev-Tech Ltd is in the business of Manufacturing and Trading of Electronic vehicles and other related renewable energy products[1]

## Latest Price

- **Price:** ₹41.86
- **Change:** +0.25 (+0.6%)
- **Open:** ₹41.51
- **Day High:** ₹44.05
- **Day Low:** ₹40.71
- **Previous Close:** ₹41.61
- **Volume:** 2352177
- **As Of:** 2026-09-11T10:20:00+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:38.160236Z.

- **Market Cap:** ₹816.5 Cr
- **Classification:** Microcap
- **P/E (reported):** 172
- **P/E (TTM):** 167.44
- **EPS (TTM):** ₹0.25
- **Book Value:** ₹14.76
- **Price to Book:** 2.8
- **Dividend Yield:** 0%
- **ROE:** 2.77%
- **ROCE:** 3.56%
- **Debt to Equity:** 0.02
- **Revenue (yearly):** ₹102.08 Cr
- **Net Income:** ₹4.7 Cr
- **EBITDA:** ₹5.27 Cr
- **52-Week High:** ₹41.61
- **52-Week Low:** ₹30.16
- **RSI (14):** 67.79

## Tapetide Score

- **Score:** 37 / 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: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 8.7 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 78.43 | 9% |
| growth | 31.89 | 9% |
| momentum | 61.46 | 12% |
| ownership | 50 | 24% |
| quality | 13.42 | 22% |
| valuation | 17.02 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Debtor days have improved from 174 to 138 days.

### Weaknesses

- Stock is trading at 2.84 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.62% over last 3 years.
- Earnings include an other income of Rs.5.73 Cr.
- Promoter holding has decreased over last 3 years: -3.39%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -200% | -211.29% | — |
| ebitda margin growth | 50% | -60.74% | -67.83% | -81.12% |
| net income growth | 433.33% | -38.96% | 45% | — |
| revenue growth | 35.34% | 9.65% | 85% | 143.19% |
| roce | 116.13% | 54.78% | 59.64% | 7.86% |
| roe | 450% | 12.15% | 2.67% | -0.36% |

## 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 | 5.52 | 4.58 | 5.57 | 3.87 | 19.48 | 35.6 | 30.68 | 22.57 | 34.01 | 25.29 | 20.21 | 33.38 |
| Expenses | 4.9 | 3.61 | 5.19 | 2.97 | 17.46 | 29.53 | 31.55 | 20.45 | 31 | 22.91 | 22.55 | 30.12 |
| Operating Profit | 0.62 | 0.97 | 0.38 | 0.9 | 2.02 | 6.07 | -0.87 | 2.12 | 3.01 | 2.38 | -2.34 | 3.26 |
| OPM % | 11.23 | 21.18 | 6.82 | 23.26 | 10.37 | 17.05 | -2.84 | 9.39 | 8.85 | 9.41 | -11.58 | 9.77 |
| Other Income | 0.5 | 0 | 0 | 0 | 0.4 | 0.18 | 2.87 | 0.5 | 0.64 | 0.02 | 4.71 | 0.36 |
| Interest | 0.14 | 0.12 | -0.05 | 0.07 | 0.08 | 0.31 | 0.41 | 0.13 | 0.08 | 0.2 | 0.39 | 0.73 |
| Depreciation | 0.08 | 0.12 | 0.08 | 0.17 | 0.21 | 0.16 | 0.22 | 0.3 | 1.22 | 1 | 1.13 | 0.94 |
| Profit before tax | 0.9 | 0.73 | 0.35 | 0.66 | 2.13 | 5.78 | 1.37 | 2.19 | 2.35 | 1.2 | 0.85 | 1.95 |
| Tax % | 34.44 | 27.4 | 31.43 | 25.76 | 24.88 | 25.95 | 2.92 | 25.57 | 21.7 | 37.5 | 80 | 20 |
| Net Profit | 0.59 | 0.53 | 0.23 | 0.49 | 1.6 | 4.28 | 1.55 | 1.27 | 1.72 | 0.89 | 0.3 | 1.65 |
| EPS in Rs | 0.04 | 0.03 | 0.01 | 0.03 | 0.09 | 0.23 | 0.08 | 0.07 | 0.09 | 0.05 | 0.02 | 0.09 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 1 | 16 | 22 | 89 | 102 | 113 |
| Expenses | 1 | 14 | 19 | 81 | 97 | 107 |
| Operating Profit | 0 | 2 | 3 | 8 | 5 | 6 |
| OPM % | 24 | 10 | 13 | 9 | 5 | 6 |
| Other Income | 0 | 0 | 0 | 3 | 6 | 6 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 4 | 4 |
| Profit before tax | 0 | 2 | 3 | 10 | 7 | 6 |
| Tax % | 28 | 13 | 31 | 23 | 34 | — |
| Net Profit | 0 | 1 | 2 | 8 | 4 | 5 |
| EPS in Rs | 0.01 | 0.08 | 0.11 | 0.39 | 0.22 | 0.25 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.7 | 17 | 18 | 19 | 19 |
| Reserves | 1 | 33 | 63 | 258 | 261 |
| Borrowings | 0 | 23 | 56 | 6 | 7 |
| Other Liabilities | 0 | 4 | 14 | 53 | 70 |
| Total Liabilities | 1 | 77 | 151 | 336 | 358 |
| Fixed Assets | 0 | 33 | 37 | 44 | 92 |
| CWIP | 0 | 9 | 43 | 59 | 28 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1 | 35 | 71 | 233 | 238 |
| Total Assets | 1 | 77 | 151 | 336 | 358 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -14 | -15 | -44 | — |
| Cash from Investing Activity | 0 | -48 | -55 | -90 | — |
| Cash from Financing Activity | 0 | 70 | 61 | 139 | — |
| Net Cash Flow | 0 | 8 | -8 | 5 | — |
| Free Cash Flow | 0 | -56 | -38 | -67 | — |
| CFO/OP | -129 | -860 | -493 | -533 | — |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 112 | 228 | 157 | — |
| Inventory Days | 0 | 227 | 154 | 228 | — |
| Days Payable | — | 91 | 177 | 104 | — |
| Cash Conversion Cycle | 0 | 249 | 205 | 281 | — |
| Working Capital Days | 68 | 460 | 860 | 579 | — |
| ROCE % | — | 4 | 3 | 5 | — |

## 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 | 62.56% | 62.1% | 62.1% | 62.1% | 62.1% | 59.18% | 59.18% | 59.18% | 59.18% | 59.18% | 59.18% | 59.18% |
| FIIs | 0% | 0% | 0% | 0% | 0.16% | 1.69% | 1.92% | 1.9% | 1.9% | 2.68% | 2.44% | 1.7% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 22.09% | 22.36% | 21.55% | 22.48% | 25.26% | 28.29% | 29.02% | 29.97% | 30.42% | 29.87% | 31.39% | 32.25% |
| Others | 15.35% | 15.54% | 16.34% | 15.42% | 12.48% | 10.84% | 9.88% | 8.94% | 8.49% | 8.27% | 6.98% | 6.87% |
| No. of Shareholders | 25048 | 40844 | 44185 | 45309 | 47757 | 58187 | 62900 | 67991 | 75130 | 75914 | 76425 | 77281 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 6 / 1

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 38.38 | Buy |
| EMA (10) | 39.01 | Buy |
| SMA (20) | 38.21 | Buy |
| EMA (20) | 38.16 | Buy |
| SMA (50) | 36.63 | Buy |
| EMA (50) | 36.71 | Buy |
| SMA (100) | 34.56 | Buy |
| EMA (100) | 35.76 | Buy |
| SMA (200) | 34.81 | Buy |
| EMA (200) | 37.83 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 68.6 | Neutral |
| MACD (12,26,9) | 0.99 | Buy |
| Stochastic (14,3,3) | 76.43 | Neutral |
| ADX (14) | 17.28 | Neutral |
| Williams %R (14) | -21.79 | Neutral |
| ATR (14) | 2.4 | High Volatility |
| ROC (12) | 8.08 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 57.02 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 May - 4.53 crore warrants lapsed; ₹84.94 crore upfront subscription amount forfeited. | [Lapse Of 4,53,00,000 Fully Convertible Warrants And Forfeiture Of Upfront Amount 8 May - 4.53 crore warrants lapsed; ₹84.94 crore upfront subscription amount forfeited.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4f4ddcb1-3e44-49e0-a7f9-10f460a47bb3.pdf) |
| 6 Apr - Filed Regulation 31(4) promoter and promoter group declarations for year ended March 31, 2026. | [Declaration Under Regulation 31(4) Of SEBI (SAST) Regulations, 2011 6 Apr - Filed Regulation 31(4) promoter and promoter group declarations for year ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1478c4eb-fb2d-4db4-a678-671287c0e94c.pdf) |
| 52m - Allotment of 51,00,000 shares at ₹121 to Essix Biosciences on conversion; paid-up capital ₹86,71,15,580/- (8,67,11,558 shares). | [Announcement under Regulation 30 (LODR)-Conversion of Securities 52m - Allotment of 51,00,000 shares at ₹121 to Essix Biosciences on conversion; paid-up capital ₹86,71,15,580/- (8,67,11,558 shares).](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d0fd3cea-e2f6-4dbb-80e8-6da1ce4c0225.pdf) |
| 31 Jan - Nil deviation: Rs.209.41 Crore preferential-warrant proceeds utilized as disclosed; quarter ended 31-Dec-2025. | [Statement Of NIL Deviation For The Quarter Ended December 31, 2025 31 Jan - Nil deviation: Rs.209.41 Crore preferential-warrant proceeds utilized as disclosed; quarter ended 31-Dec-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fbd0b17a-0309-42cb-8114-9fb13214508f.pdf) |
| 3 Feb - CARE monitoring report for Rs314.60 crore preferential issue; Rs0.46 crore unutilized as of 31-Dec-2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 3 Feb - CARE monitoring report for Rs314.60 crore preferential issue; Rs0.46 crore unutilized as of 31-Dec-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0728a115-0be2-4845-bcb9-dd5d58d87c8d.pdf) |
| 27 Feb - Essix converted 5,100,000 warrants to equity on Feb 24, 2026; promoter holding rises to 43.06%. | [Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 27 Feb - Essix converted 5,100,000 warrants to equity on Feb 24, 2026; promoter holding rises to 43.06%.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/427eb23f-d7a6-4389-af68-69853409a49c.pdf) |
| 26 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year ended 31 Mar 2026. | [Closure of Trading Window 26 Mar - Trading window closed from 1 April 2026 until 48 hours after audited results for year ended 31 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9a82368d-d536-4d80-a2eb-750e3fa6fbad.pdf) |
| 26 Feb - One-to-one virtual investor meeting with Seven Canyons Funds on 2 March 2026 at 6:30 PM IST. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 26 Feb - One-to-one virtual investor meeting with Seven Canyons Funds on 2 March 2026 at 6:30 PM IST.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/926b0270-e152-4e83-8af0-00ea1a013916.pdf) |
| 2 Mar - EcoVadis Silver Medal to GBU (Jawaharpur), top 15% globally; ISO, SMETA and other certifications listed. | [Intimation Regarding Ecovadis Silver Medal And Global Certification 2 Mar - EcoVadis Silver Medal to GBU (Jawaharpur), top 15% globally; ISO, SMETA and other certifications listed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18412d92-97f8-4c47-b839-05b455fdfa22.pdf) |
| 2 Feb - One-to-one virtual investor meeting with NV Alpha Fund Management on 5 Feb 2026 at 12:30 IST. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2 Feb - One-to-one virtual investor meeting with NV Alpha Fund Management on 5 Feb 2026 at 12:30 IST.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/002109b6-a465-40be-adf3-f34777a2906d.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Disclosure Under Regulation 7(2)(A) Of SEBI (Prohibition Of Insider Trading) Regulations 2015 And Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aae1700e-443d-470e-8b1b-b2234a6467a5.pdf) |
| 2026-09-09 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69B770DD_D245_439D_8402_312A413E0C32_114309.pdf) |
| 2026-09-08 | [Disclosure Under Regulation 7(2)(A) Of SEBI (Prohibition Of Insider Trading) Regulations 2015 And Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f5cd55d9-6dbf-43a3-bfd6-17790a5d3523.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c11a2db-e484-49bb-ae46-9d065791427a.pdf) |
| 2026-09-08 | [Notice Of 40Th Annual General Meeting Of The Company To Be Held On September 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c4de0d6-06bd-4188-bad0-eb630d2863a5.pdf) |
| 2026-09-06 | [Board Meeting Outcome for Outcome Of Board Meeting Held On September 062026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbfb0ca1-f149-4acd-a617-0cfb62d6da31.pdf) |
| 2026-09-06 | [Intimation Of Revision In Book Closure Dates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cba15b10-21e3-4c63-bdde-3a681d0e5fcb.pdf) |
| 2026-08-31 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Today Monday August 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85250c18-1ba4-4246-b9d5-0892064644a7.pdf) |
| 2026-08-31 | [Intimation Of Cut-Off Dates For E-Voting For 40Th AGM To Be Held On September 28 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f64cae34-9755-4816-a15a-5a1e36514e02.pdf) |
| 2026-08-31 | [Intimation Of Cut-Off Dates For E-Voting For 40Th AGM To Be Held On September 28 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2408ac03-b3e6-4d2f-844a-5d981d762c2a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Un-Audited Financial Results(Standalone And Consolidated) For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7dce82bb-d7fc-4813-9258-73bccd8a2a8b.pdf) |
| 2026-05-31 | [Result For Qtr And Year Ened On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=994031a1-454e-4f62-b45f-ec0981e9a308.pdf) |
| 2026-02-12 | [Unaudited Financial Result For Quarter And Nine Months Ended 31-12-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4fc58e2a-3377-4545-a09b-686effbc8d0b.pdf) |
| 2025-11-14 | [Unaudited Financial Results For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d01a241-fda7-4474-9ff6-4d9e71198987.pdf) |
| 2025-08-14 | [Unaudited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=973f403e-188e-452a-b314-6f64ea423de3.pdf) |
| 2025-08-14 | [Unaudited Financial Results And Outcome Of The Board Meeting Held On August 142025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb54076f-5ae4-4d50-93bb-2e50464bfa40.pdf) |
| 2025-05-22 | [Financial Results For FY 24-25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14abf0e2-44b0-4ae2-8d44-e9e6fcc4f101.pdf) |
| 2025-02-11 | [Submission Of Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Month Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12fc8a89-4f6d-4866-9fad-a2a5289bd14e.pdf) |
| 2024-12-10 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3490fb33-1d5e-4c1c-a5a4-76062dfbd70e.pdf) |
| 2024-11-15 | [Results-For The Quarter And Half Year Ended On September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca3d10eb-ce5d-46e4-abf7-f250511e763e.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43b9a794-56b9-4a7f-bb2e-c501cd49879f.pdf) |
| Jul 2020 | [Concall - Jul 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/715cd916-569d-434c-8c3c-f7d129dc5604.pdf) |
| Jan 2026 | [Concall - Jan 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1aea0d8d-53f1-4c67-9417-9110bc29ff21.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_INDSWFTLAB_2011_2012_14092012091245.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00dc7b70-03cb-4573-99ed-0b3e05ebf276.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0f4729f-459c-47c5-afae-b2a9bf7e7d63.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/255c9918-ec21-425b-9dbb-88eaf0bd13a1.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da77350c-8b05-4ad7-807a-419738b4a039.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5f20d87d-3055-4c3f-86fe-2dfca3b16f6d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/76ae27f9-b8c9-4879-8e47-d4467a86a193.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532305/76414532305.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531357/75814531357.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532305/71795532305.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 2026-09-13T18:53:17.587Z.