---
title: "Desh Rakshak Aushdhalaya Ltd (531521) — Share Price, Financials & Analysis"
symbol: "531521"
company: "Desh Rakshak Aushdhalaya Ltd"
canonical: "https://tapetide.com/stocks/531521"
isin: "INE971E01016"
nse_symbol: "DESHRAKSHAKAUSHDHALAYALTD"
bse_code: "531521"
sector: "Healthcare"
industry: "Pharmaceuticals"
market_cap_cr: 15.3
generated_at: "2026-09-13T18:39:11.056Z"
---

# Desh Rakshak Aushdhalaya Ltd (531521)

Canonical page: https://tapetide.com/stocks/531521

## Company

- **NSE Symbol:** DESHRAKSHAKAUSHDHALAYALTD
- **BSE Code:** 531521
- **ISIN:** INE971E01016
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Listed Since:** 2011-12-14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** deshrakshak.in

## About

Incorporated in 1901, Desh Rakshak Aushdhalaya Ltd manufactures Ayurvedic and Herbal Products[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:42:12.762516Z.

- **Market Cap:** ₹15.3 Cr
- **Classification:** Microcap
- **P/E (reported):** 27.7
- **EPS (TTM):** ₹0.97
- **EPS (reported):** ₹1.08
- **Book Value:** ₹22.84
- **Price to Book:** 1.18
- **Dividend Yield:** 0%
- **ROE:** 4.79%
- **ROCE:** 6.62%
- **Debt to Equity:** 0.21
- **Revenue (yearly):** ₹7.1 Cr
- **Net Income:** ₹0.57 Cr
- **EBITDA:** ₹1.38 Cr
- **52-Week High:** ₹76.93
- **52-Week Low:** ₹22.45
- **RSI (14):** 14

## Key Insights

### Strengths

- Stock is trading at 1.15 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.59% over past five years.
- Company has a low return on equity of 4.80% over last 3 years.
- Company has high debtors of 472 days.
- Promoter holding has decreased over last 3 years: -14.2%
- Working capital days have increased from 203 days to 326 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -119.74% | -166.67% | -135.71% |
| ebitda margin growth | -66.67% | -4.34% | -9.97% | 0.57% |
| net income growth | -66.67% | 14% | 7% | 6% |
| revenue growth | -77.14% | 12.7% | 5% | 2% |
| roce | — | -5.43% | -0.75% | 6.42% |
| roe | — | 6.21% | 4.58% | 0.42% |

## 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 | 0.84 | 1.58 | 2.49 | 1.08 | 1.19 | 1.88 | 4.39 | 1.3 | 0.95 | 1.4 | 3.45 | 0.83 |
| Expenses | 0.52 | 1.27 | 2.07 | 0.81 | 0.85 | 1.59 | 3.43 | 1.05 | 0.68 | 1.14 | 2.82 | 0.59 |
| Operating Profit | 0.32 | 0.31 | 0.42 | 0.27 | 0.34 | 0.29 | 0.96 | 0.25 | 0.27 | 0.26 | 0.63 | 0.24 |
| OPM % | 38.1 | 19.62 | 16.87 | 25 | 28.57 | 15.43 | 21.87 | 19.23 | 28.42 | 18.57 | 18.26 | 28.92 |
| Other Income | 0 | 0.04 | 0 | 0 | 0 | 0.02 | 0.01 | 0 | 0 | 0 | 0.01 | 0 |
| Interest | 0.12 | 0.11 | 0.07 | 0.07 | 0.08 | 0.08 | 0.22 | 0.05 | 0.08 | 0.06 | 0.1 | 0.05 |
| Depreciation | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.31 | 0.1 | 0.1 | 0.1 | 0.13 | 0.11 |
| Profit before tax | 0.09 | 0.13 | 0.24 | 0.09 | 0.15 | 0.12 | 0.44 | 0.1 | 0.09 | 0.1 | 0.41 | 0.08 |
| Tax % | 0 | 0 | 33.33 | 0 | 0 | 0 | 20.45 | 0 | 0 | 0 | 26.83 | 0 |
| Net Profit | 0.09 | 0.13 | 0.16 | 0.09 | 0.15 | 0.12 | 0.36 | 0.1 | 0.08 | 0.09 | 0.3 | 0.08 |
| EPS in Rs | 0.2 | 0.29 | 0.36 | 0.2 | 0.34 | 0.27 | 0.81 | 0.23 | 0.14 | 0.16 | 0.53 | 0.14 |

### 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 | 5.05 | 5.51 | 5.06 | 6.56 | 6.14 | 6.13 | 5.95 | 6.18 | 7.1 | 6.63 |
| Expenses | 4.34 | 4.73 | 4.27 | 5.61 | 4.94 | 4.74 | 4.66 | 4.92 | 5.72 | 5.23 |
| Operating Profit | 0.71 | 0.78 | 0.79 | 0.95 | 1.2 | 1.39 | 1.29 | 1.26 | 1.38 | 1.4 |
| OPM % | 14.06 | 14.16 | 15.61 | 14.48 | 19.54 | 22.68 | 21.68 | 20.39 | 19.44 | 21.12 |
| Other Income | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | -0.05 | 0.02 | 0.03 | 0.01 | 0.01 |
| Interest | 0.13 | 0.13 | 0.16 | 0.16 | 0.24 | 0.42 | 0.37 | 0.31 | 0.28 | 0.29 |
| Depreciation | 0.24 | 0.25 | 0.27 | 0.26 | 0.4 | 0.44 | 0.44 | 0.42 | 0.44 | 0.44 |
| Profit before tax | 0.35 | 0.41 | 0.37 | 0.55 | 0.57 | 0.48 | 0.5 | 0.56 | 0.67 | 0.68 |
| Tax % | 20 | 19.51 | 18.92 | 23.64 | 15.79 | 14.58 | 16 | 16.07 | 16.42 | — |
| Net Profit | 0.28 | 0.34 | 0.3 | 0.42 | 0.48 | 0.41 | 0.43 | 0.48 | 0.56 | 0.55 |
| EPS in Rs | 0.63 | 0.77 | 0.68 | 0.95 | 1.08 | 0.92 | 0.97 | 1.08 | 0.98 | 0.97 |
| 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 | 4.66 | 4.66 | 4.66 | 4.66 | 4.66 | 4.66 | 4.66 | 4.66 | 4.66 | 5.92 |
| Reserves | 2.74 | 3.02 | 3.45 | 3.72 | 4.14 | 4.62 | 4.47 | 4.82 | 5.29 | 7.37 |
| Borrowings | 0.69 | 0.96 | 1.23 | 2.03 | 2.9 | 4.31 | 4.1 | 2.78 | 3.04 | 2.8 |
| Other Liabilities | 2.07 | 2.16 | 2.01 | 1.91 | 2.87 | 2.53 | 2.51 | 4.06 | 4.99 | 4.8 |
| Total Liabilities | 10.16 | 10.8 | 11.35 | 12.32 | 14.57 | 16.12 | 15.74 | 16.32 | 17.98 | 20.89 |
| Fixed Assets | 3.87 | 3.93 | 4.39 | 5.38 | 6.49 | 7.82 | 8.07 | 7.68 | 7.84 | 8.2 |
| CWIP | 2.37 | 2.37 | 2.37 | 2.37 | 2.37 | 2.37 | 2.37 | 2.37 | 1.87 | 1.39 |
| Investments | 0.12 | 0.12 | 0.12 | 0.12 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Other Assets | 3.8 | 4.38 | 4.47 | 4.45 | 5.66 | 5.88 | 5.25 | 6.22 | 8.22 | 11.25 |
| Total Assets | 10.16 | 10.8 | 11.35 | 12.32 | 14.57 | 16.12 | 15.74 | 16.32 | 17.98 | 20.89 |

### 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 | 0.23 | -0.15 | -0.55 | 0.59 | 0.84 | 0.23 | 0.45 | 1.52 | -0.3 | -1.31 |
| Cash from Investing Activity | -0.76 | 0.04 | 0.42 | -1.27 | -1.26 | -1.95 | -0.78 | -0.09 | -0.02 | -1.64 |
| Cash from Financing Activity | 0 | 0.07 | 0 | 0.74 | 0.8 | 1.35 | 0.15 | -1.34 | 0.25 | 3.02 |
| Net Cash Flow | -0.53 | -0.04 | -0.12 | 0.06 | 0.37 | -0.36 | -0.18 | 0.09 | -0.07 | 0.08 |
| Free Cash Flow | -0.11 | 0.25 | 0.07 | -0.66 | -0.54 | -1.51 | -0.2 | 1.47 | -0.37 | -2.81 |
| CFO/OP | 44 | -11 | -60 | 84 | 102 | 27 | 37 | 124 | -17 | -84 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 146.72 | 179.25 | 196.08 | 221.45 | 214.77 | 236 | 216.74 | 314.7 | 434.1 | 471.93 |
| Inventory Days | 191.55 | 193.41 | 120.33 | 123.23 | 72.16 | 117.52 | 107.51 | 46.01 | 29.26 | 30.62 |
| Days Payable | 242.83 | 257.39 | 219.27 | 249.57 | 270.87 | 315.23 | 301.29 | 584.31 | 726.92 | 494.83 |
| Cash Conversion Cycle | 95.44 | 115.26 | 97.14 | 95.11 | 16.06 | 38.29 | 22.96 | -223.6 | -263.56 | 7.72 |
| Working Capital Days | 117.81 | 148.89 | 153.02 | 162.3 | 117.4 | 164.07 | 149.45 | 108.58 | 174.82 | 325.93 |
| ROCE % | 5.4 | 5.74 | 6.01 | 5.37 | 6.42 | 6.41 | 7.08 | 6.83 | 6.89 | 6.53 |

## 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 | 64.28% | 64.28% | 64.28% | 64.28% | 64.28% | 64.28% | 64.28% | 50.07% | 50.07% | 50.03% | 50.03% | 50.03% |
| 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 | 35.65% | 35.65% | 35.65% | 35.65% | 35.65% | 35.65% | 35.64% | 49.84% | 49.84% | 49.84% | 49.83% | 49.84% |
| Others | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.06% | 0.07% | 0.09% | 0.09% | 0.14% | 0.14% | 0.14% |
| No. of Shareholders | 2355 | 2353 | 2352 | 2351 | 2349 | 2345 | 2353 | 2428 | 2429 | 2411 | 2393 | 2391 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 28.53 | Sell |
| EMA (10) | 28.21 | Sell |
| SMA (20) | 30.16 | Sell |
| EMA (20) | 28.86 | Sell |
| SMA (50) | 28.65 | Sell |
| EMA (50) | 31.01 | Sell |
| SMA (100) | 42.51 | Sell |
| EMA (100) | 34.19 | Sell |
| SMA (200) | 34.42 | Sell |
| EMA (200) | 31.35 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.84 | Neutral |
| MACD (12,26,9) | -0.61 | Sell |
| Stochastic (14,3,3) | 9.07 | Buy |
| ADX (14) | 21.84 | Neutral |
| Williams %R (14) | -90.93 | Buy |
| ATR (14) | 1.15 | High Volatility |
| ROC (12) | -26.52 | Sell |
| Stoch RSI (14) | 12.16 | Buy |
| UO (7,14,28) | 24.75 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4a3641ec-146e-4b98-ac99-af170b59f387.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd116164-7c2f-4cee-b35c-beb22063376e.pdf) |
| 2026-09-01 | [Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (SEBI) (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e80f081-0fa4-4973-b73a-bc2d1ca6d945.pdf) |
| 2026-08-27 | [Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Para A Of Part A Of Schedule III And Reg 30 Of The SEBI (LODR) Reg 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8632857b-c9c7-43dd-9540-524562c6a522.pdf) |
| 2026-08-27 | [Submission Of Notice Of 45Th Annual General Meeting As Per Regulation 34 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98e0c961-27f6-4b84-9949-1c7f2dcd9f2d.pdf) |
| 2026-08-27 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=610a06fe-1964-4d7e-aa55-9df5a53baa8a.pdf) |
| 2026-08-27 | [Intimation Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (SEBI) (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d1c68b0-d1be-4ccb-831b-07774be28415.pdf) |
| 2026-08-27 | [Intimation Pursuant To Regulation 30 Of The Securities And Exchange Board Of India (SEBI) (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3f52d072-e19f-4905-8e77-55bb7f69ea00.pdf) |
| 2026-08-27 | [Intimation Regarding Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1b80325-0831-4560-9393-9203552fd041.pdf) |
| 2026-08-27 | [Intimation Regarding Book Closure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8579030-cf53-482b-9014-be54b789819d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Submission Of Quarterly And Year To Date Unaudited Financial Results For The Quarter Ended 30Th June 2026 As Per Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4fafb3e5-92e1-4118-9a48-7dbb9d6b9ec3.pdf) |
| 2026-05-29 | [Submission Of Audited Financial Results For The Quarter And Year Ended March 31 2026 As Per Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06d66c69-0ff7-4f7c-a1dd-6f35482e9079.pdf) |
| 2026-02-13 | [Submission Of Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2025 As Per Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5bfb60cc-8128-4f76-889e-09be3d070642.pdf) |
| 2025-11-14 | [Submission Of Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025 As Per Reg 33 Of The SEBI (LODR) Reg 2015 And Statement Of Deviation As Per Reg 32 Of The SEBI (LODR) Reg 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=09a99ac0-a0f9-4581-9bc5-3e98a53d869e.pdf) |
| 2025-08-13 | [Submission Of Quarterly And Year To Date Unaudited Financial Results For The Quarter Ended 30Th June 2025 As Per Reg 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=648124d8-4f19-4ef9-ba6e-7c2d1f1bf200.pdf) |
| 2025-05-30 | [Submission Of Audited Financial Results For The Quarter And Year Ended March 31 2025 As Per Re 33 Of The SEBI (LODR) Reg 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0270e41-0439-4926-929a-5098b63b30e9.pdf) |
| 2025-02-13 | [Submission Of Unaudited Financial Results For The Quarter And Nine Months Ended 31St Dec 2024 As Per Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fc0a06dd-b008-46e8-b177-dc4d32312b50.pdf) |
| 2024-11-14 | [Submission Of Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2024 As Per Regulation 33 Of The SEBI (LODR), Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67e14cb6-0c28-45df-af57-868e9d6c51cd.pdf) |
| 2024-08-12 | [Submission Of Quarterly And Year To Date Unaudited Financial Results For The Quarter Ended 30Th June, 2024 As Per Regulation 33 Of The SEBI (LODR), Reg, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32455009-3831-4c27-ab7d-f57389d7d606.pdf) |
| 2024-05-28 | [Submission Of Audited Financial Results For The Quarter And Year Ended 31St March, 2024 As Per Regulation 33 Of Securities And Exchange Board Of India ('SEBI') (Listing Obligations And Disclosure Requirements), Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9d41176-791b-406c-a92b-fe94a0a8952e.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Board meeting Feb 13, 2026 to approve unaudited results for quarter/nine months ended Dec 31, 2025. | [Board Meeting Intimation for Pre Intimation Of The Board Meeting As Per Regulation 29 Of The SEBI (LODR) Reg, 2015 9 Feb - Board meeting Feb 13, 2026 to approve unaudited results for quarter/nine months ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/918c0589-b35b-4e46-9637-be9916cb4778.pdf) |
| 8h - Board meeting on 15 April 2026 to review results, RTA change, branch office proposals and auditor reappointment. | [Board Meeting Intimation for Pre Intimation Of The Board Meeting As Per Regulation 29 Of The SEBI (LODR) Regulations, 2015 And Closure Of Trading Window 8h - Board meeting on 15 April 2026 to review results, RTA change, branch office proposals and auditor reappointment.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c19034e0-172f-4279-ba0b-ced918ad288e.pdf) |
| 6 Apr - Promoter Tosh Kumar Jain disclosed no encumbrance on shares for FY ended March 31, 2026. | [Disclosure Under Sub-Regulation (4) And (5) Of Regulation 31 Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 6 Apr - Promoter Tosh Kumar Jain disclosed no encumbrance on shares for FY ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c54f90b6-d48e-47b4-b528-35d974886f77.pdf) |
| 5h - Publication of Advertisement re: Loss of Share Certificates | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5h - Publication of Advertisement re: Loss of Share Certificates](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b97863e6-da41-4265-b3b9-e35f239bef23.pdf) |
| 29 Jan - Q3 gross revenue Rs19,200cr, PBT Rs6,959cr, EPS Rs4.06; interim dividend Rs6.50; cigarette tax hike effective 1 Feb 2026. | [Media Statement And Presentation On Financial Results 29 Jan - Q3 gross revenue Rs19,200cr, PBT Rs6,959cr, EPS Rs4.06; interim dividend Rs6.50; cigarette tax hike effective 1 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f154edb-b1e2-43fa-98af-04d0a1c49062.pdf) |
| 29 Jan - ITC recommends Navin Agarwal as Non-Executive Director from Apr 1, 2026; Dr. Alok Pande resigns. | [Changes In The Board 29 Jan - ITC recommends Navin Agarwal as Non-Executive Director from Apr 1, 2026; Dr. Alok Pande resigns.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea19f976-bbd8-4a20-a8b6-ace9f90f21ff.pdf) |
| 29 Jan - Dr. Alok Pande resigns effective 1 April 2026; Navin Agarwal recommended as SUUTI Non-Executive Director for three years. | [Announcement under Regulation 30 (LODR)-Change in Directorate 29 Jan - Dr. Alok Pande resigns effective 1 April 2026; Navin Agarwal recommended as SUUTI Non-Executive Director for three years.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc574f23-a8a0-4f3a-a58f-31a3c750af21.pdf) |
| 29 Apr - Declared non-applicability of Large Corporate framework for FY ended 31 March 2026; outstanding borrowing Rs.3.08 crore. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Declared non-applicability of Large Corporate framework for FY ended 31 March 2026; outstanding borrowing Rs.3.08 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/852c68f9-5049-44bd-8736-2a0c4920c1ca.pdf) |
| 29 Apr - Declared non-applicability of Large Corporate framework for FY ended 31 March 2026; outstanding borrowing Rs.3.08 crore. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Declared non-applicability of Large Corporate framework for FY ended 31 March 2026; outstanding borrowing Rs.3.08 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/852c68f9-5049-44bd-8736-2a0c4920c1ca.pdf) |
| 29 Apr - Company declared non-applicability of Large Corporate framework; outstanding borrowing was Rs.3.08 crore on 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Company declared non-applicability of Large Corporate framework; outstanding borrowing was Rs.3.08 crore on 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d36f45d-a583-4c03-8472-2f948d5aa215.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/582a7a17-ead9-45cd-9eb2-2524f42b99e3.pdf) |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5822a588-ec86-4294-909b-875e4062acea.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d69065ea-9ed8-4c10-8c73-8a808e67b8af.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15fd926d-385d-48cb-b633-2881957ea931.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/130deaf2-2b61-45d8-a8ef-f32fc5101725.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e129185-3494-413a-bf72-82dafec0466b.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c378d93-a1bd-4728-b6e1-5c876a6c8b4e.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f080690-3c12-43b7-81b5-49b477522dca.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/454583fe-e8a2-460f-ba6c-a1a1a18cb212.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d3fdc92d-c38c-47e8-970f-3a3cd3029ad3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_78_ITC_2012_2013_14062013150845.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ba4a189-5fd2-4851-af6f-ec365f7edea2.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fec1ae9f-c2c1-4eae-bd3f-6c9fe8d4201b.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0d1e906-3c13-4993-ad06-e04ad1d3edf9.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/58208871-be96-41ad-aa68-032fd2cf7fdc.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/139aec7a-7a7c-458f-ac5a-29f6dbe67c93.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dac36bf3-82fe-4740-bd3d-c37c9cd3ec74.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500875/73265500875.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531521/74611531521.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500875/68921500875.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 2026-09-13T18:39:11.056Z.