---
title: "Indus Finance Ltd (531841) — Share Price, Financials & Analysis"
symbol: "531841"
company: "Indus Finance Ltd"
canonical: "https://tapetide.com/stocks/531841"
isin: "INE935D01013"
nse_symbol: "INDUSFINANCELTD"
bse_code: "531841"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 258.9
generated_at: "2026-09-13T18:36:49.517Z"
---

# Indus Finance Ltd (531841)

Canonical page: https://tapetide.com/stocks/531841

## Company

- **NSE Symbol:** INDUSFINANCELTD
- **BSE Code:** 531841
- **ISIN:** INE935D01013
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** indusfinance.in

## About

Incorporated in 1992, Indus Finance Corporation Ltd is engaged in the business of corporate financing, leasing, hire purchase and corporate advisory services.

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:48:02.197745Z.

- **Market Cap:** ₹258.9 Cr
- **Classification:** Microcap
- **P/E (reported):** 100.2
- **EPS (TTM):** ₹2.79
- **EPS (reported):** ₹0.93
- **Book Value:** ₹24.81
- **Price to Book:** 11.27
- **Dividend Yield:** 0.21%
- **ROE:** 8.73%
- **ROCE:** 15.6%
- **Debt to Equity:** 0.68
- **Revenue (yearly):** ₹8.9 Cr
- **Net Income:** ₹2 Cr
- **EBITDA:** ₹5.8 Cr
- **52-Week High:** ₹279.55
- **52-Week Low:** ₹37.66
- **RSI (14):** 95.36

## Tapetide Score

- **Score:** 51 / 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:** 52 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 41.73 | 9% |
| growth | 81.3 | 9% |
| momentum | 98.9 | 12% |
| ownership | 50 | 24% |
| quality | 40.95 | 22% |
| valuation | 27.08 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 35.8%

### Weaknesses

- Stock is trading at 11.5 times its book value
- Company has a low return on equity of 7.39% over last 3 years.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -125.76% | -122.86% | -10.43% |
| ebitda margin growth | -68.57% | 3.49% | 15.21% | -154.29% |
| net income growth | -46.67% | 81.82% | 84% | 37% |
| revenue growth | -74.14% | 53.45% | 51% | 20% |
| roce | — | 113.99% | 242.11% | 5.49% |
| roe | — | 86.54% | 5.51% | -156.61% |

## 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 0.48 | 0.66 | 1.77 | 0.92 | 2.06 | 1.51 | 1.02 | 1.12 | 1.05 | 1.37 | 5.69 | 1.55 |
| Expenses | 0.34 | 0.38 | 0.7 | 0.55 | 0.7 | 0.46 | 0.44 | 0.34 | 0.37 | 0.56 | 2.24 | 0.35 |
| Financing Profit | -0.05 | 0.01 | 0.76 | 0.06 | 0.93 | 0.5 | 0.07 | 0.31 | 0.21 | 0.42 | 1.91 | 0.89 |
| Financing Margin % | -10.42 | 1.52 | 42.94 | 6.52 | 45.15 | 33.11 | 6.86 | 27.68 | 20 | 30.66 | 33.57 | 57.42 |
| Other Income | 0.25 | 0.1 | -0.39 | 0 | 0.06 | -0.36 | 0.13 | -0.12 | -0.12 | -0.12 | 0 | -0.12 |
| Interest | 0.19 | 0.27 | 0.31 | 0.31 | 0.43 | 0.55 | 0.51 | 0.47 | 0.47 | 0.39 | 1.54 | 0.31 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.19 | 0.1 | 0.36 | 0.05 | 0.98 | 0.13 | 0.19 | 0.18 | 0.08 | 0.29 | 1.9 | 0.76 |
| Tax % | 0 | 0 | 38.89 | 0 | 17.35 | 0 | 57.89 | 0 | 0 | 0 | 22.63 | 0 |
| Net Profit | 0.19 | 0.1 | 0.22 | 0.05 | 0.81 | 0.13 | 0.08 | 0.17 | 0.08 | 0.29 | 1.46 | 0.75 |
| EPS in Rs | 0.21 | 0.11 | 0.24 | 0.05 | 0.87 | 0.14 | 0.09 | 0.18 | 0.09 | 0.31 | 1.58 | 0.81 |

### 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 1.44 | 2.41 | 2.53 | 3.52 | 0.93 | 2.59 | 3.99 | 5.79 | 8.9 | 9.66 |
| Expenses | 2.03 | 2.09 | 2.31 | 1.96 | 2.04 | 1.71 | 1.72 | 2.12 | 3.06 | 3.52 |
| Financing Profit | -0.62 | 0.3 | -0.08 | 0.6 | -1.49 | 0.48 | 1.4 | 1.87 | 2.96 | 3.43 |
| Financing Margin % | -43.06 | 12.45 | -3.16 | 17.05 | -160.22 | 18.53 | 35.09 | 32.3 | 33.26 | 35.51 |
| Other Income | 0.76 | 0 | 0 | 0 | -0.01 | 0 | -0.48 | -0.48 | -0.48 | -0.36 |
| Interest | 0.03 | 0.02 | 0.3 | 0.96 | 0.38 | 0.4 | 0.87 | 1.8 | 2.88 | 2.71 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.03 | 0.03 | 0.03 | 0.05 | 0.04 |
| Profit before tax | 0.12 | 0.28 | -0.1 | 0.59 | -1.51 | 0.45 | 0.89 | 1.36 | 2.43 | 3.03 |
| Tax % | 33.33 | 32.14 | 30 | 15.25 | 123.84 | 11.11 | 15.73 | 20.59 | 17.7 | — |
| Net Profit | 0.08 | 0.2 | -0.13 | 0.5 | -3.38 | 0.39 | 0.75 | 1.08 | 2.01 | 2.58 |
| EPS in Rs | 0.09 | 0.22 | -0.14 | 0.54 | -3.65 | 0.42 | 0.81 | 1.17 | 2.17 | 2.79 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 37.04 | 42.87 | 27.64 | — |

### 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 | 9.26 | 9.26 | 9.26 | 9.26 | 9.26 | 9.26 | 9.26 | 9.26 | 9.26 | 9.26 |
| Reserves | 7.34 | 7.42 | 6.03 | 3.44 | 3.87 | 12.67 | 9.75 | 14.77 | 13.79 | 13.71 |
| Borrowing | 13.71 | 13.43 | 13.29 | 7.99 | 5.99 | 8.42 | 4.57 | 14.01 | 20.27 | 11.07 |
| Other Liabilities | 0.11 | 0.1 | 0.26 | 0.04 | 0.14 | 2 | 0.88 | 0.89 | 0.29 | 0.45 |
| Total Liabilities | 30.42 | 30.21 | 28.84 | 20.73 | 19.26 | 32.35 | 24.46 | 38.93 | 43.61 | 34.49 |
| Fixed Assets | 0.13 | 0.12 | 0.03 | 0.03 | 0.03 | 0.15 | 0.11 | 0.19 | 0.15 | 0.11 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 11.98 | 11.84 | 13.58 | 12.15 | 11.12 | 18.62 | 10.72 | 14.03 | 9.34 | 1.96 |
| Other Assets | 18.31 | 18.25 | 15.23 | 8.55 | 8.11 | 13.58 | 13.63 | 24.71 | 34.12 | 32.42 |
| Total Assets | 30.42 | 30.21 | 28.84 | 20.73 | 19.26 | 32.35 | 24.46 | 38.93 | 43.61 | 34.49 |

### 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 | 2.99 | 0.26 | -0.27 | -0.07 | -0.05 | -2.3 | -0.34 | 11.11 | 9.86 | -2.54 |
| Cash from Investing Activity | -0.11 | 0.13 | 0.24 | -0.02 | -0.01 | 0.34 | -3.04 | -1.95 | -4.36 | -9.96 |
| Cash from Financing Activity | -2.89 | -0.28 | -0.14 | 0.1 | 0.03 | 2.05 | 3.32 | -9.05 | -5.59 | 12.54 |
| Net Cash Flow | -0.01 | 0.11 | -0.17 | 0.01 | -0.03 | 0.09 | -0.06 | 0.12 | -0.09 | 0.04 |
| Free Cash Flow | 2.99 | 0.25 | -0.03 | -0.09 | -0.06 | -2.43 | -0.34 | 11.22 | 9.86 | -2.53 |
| CFO/OP | -1126 | -51 | -56 | -32 | -3 | 32 | -39 | 489 | 269 | -43 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 0.42 | 0.48 | 1.25 | -0.93 | 3.87 | -19.22 | 1.91 | 5.39 | 6.2 | 10.47 |

## 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 | 74.61% | 74.61% | 74.61% | 74.79% | 74.79% | 74.79% | 74.79% | 74.79% | 74.79% | 74.79% | 74.79% | 74.79% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 16.37% | 15.81% | 15.82% | 15.33% | 15.43% | 15.13% | 14.85% | 14.41% | 14.36% | 14.35% | 14.32% | 14.43% |
| Others | 8.99% | 9.56% | 9.54% | 9.86% | 9.76% | 10.06% | 10.34% | 10.78% | 10.83% | 10.84% | 10.87% | 10.76% |
| No. of Shareholders | 1245 | 1357 | 1658 | 1859 | 2247 | 2534 | 2428 | 2342 | 2407 | 2392 | 2342 | 2332 |

## 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 / 1 / 5

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 261.33 | Buy |
| EMA (10) | 262.27 | Buy |
| SMA (20) | 238.21 | Buy |
| EMA (20) | 242.14 | Buy |
| SMA (50) | 192.76 | Buy |
| EMA (50) | 202.2 | Buy |
| SMA (100) | 151.23 | Buy |
| EMA (100) | 163.13 | Buy |
| SMA (200) | 101.17 | Buy |
| EMA (200) | 122.98 | Buy |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 95.77 | Sell |
| MACD (12,26,9) | 25.61 | Buy |
| Stochastic (14,3,3) | 100 | Sell |
| ADX (14) | 77.06 | Buy |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 5.96 | Neutral |
| ROC (12) | 26.68 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 99.15 | Sell |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 11.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb9891e4-5963-420e-86eb-ec02f0967c4d.pdf) |
| 2026-08-06 | [Update on board meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5434b32-de38-42b9-a7e4-87431d09a058.pdf) |
| 2026-08-05 | [Board Meeting Intimation for UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbc7eeda-f3b5-4476-8a4c-c47324c8e64c.pdf) |
| 2026-07-14 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02d3d1de-4b0f-4457-ba13-3a2ba7fa2958.pdf) |
| 2026-07-10 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd97f3e3-8259-42e1-aa4b-5a70f2fd0c55.pdf) |
| 2026-07-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3895b240-f52e-46ff-ab09-18b467eb760b.pdf) |
| 2026-06-26 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8bcba670-67f2-4032-afa6-836087fe42df.pdf) |
| 2026-06-17 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=878a7700-1132-405e-bf44-44cf3cf58667.pdf) |
| 2026-05-06 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 06.05.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6a94968-28a3-4480-8814-2b2b1f580d74.pdf) |
| 2026-04-30 | [Board Meeting Intimation for 1. AUDITED FINANCIAL RESULTS 2.DIVIDEND 3.FUND RAISING 4.OTHER BUSINESSES](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=13d15152-9dfd-495c-bb87-47931a4a8758.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Unaudited Financial Results As On 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04589e93-6f48-4373-a186-0c22dd5df216.pdf) |
| 2026-05-06 | [AUDITED FINANCIAL RESULTS OUTCOME 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5292091-c9f5-4b4e-9b01-2b5daaaa2393.pdf) |
| 2026-01-28 | [Unaudited Financial Results For The Quarter Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44f89b1c-6062-4afb-815c-9cc25ab9976e.pdf) |
| 2025-11-07 | [UNAUDITED FINANCIAL RESULTS AS ON 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=740d968d-914a-4d62-a2c8-9019b9051148.pdf) |
| 2025-08-11 | [Un-Audited Financial Results June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3deb6e68-6f84-4464-818b-e3e5e179c994.pdf) |
| 2025-05-27 | [AUDITED FINANCIAL RESULTS FOR THE QUARTER AND FINANCIAL YEAR ENDED 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4554e117-8f24-41d7-b661-4c2eab87a707.pdf) |
| 2024-10-25 | [UN-AUDITED FINANCIAL RESULTS AS ON 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ecdf85a-8b3e-4203-bdea-24cf5562d737.pdf) |
| 2024-07-24 | [UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=03a98d33-ea49-4a56-bb25-a46d25fe9556.pdf) |
| 2024-05-27 | [AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34b1e608-ea21-4444-8324-f617940ada5e.pdf) |
| 2024-05-27 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58105f81-8b29-423c-89b1-840c8a509bca.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Company confirms shareholder dematerialisation requests received for quarter ended 31 December 2025, certificate attached. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jan - Company confirms shareholder dematerialisation requests received for quarter ended 31 December 2025, certificate attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de08b4fd-64f6-47ab-b716-fcf46e6467ac.pdf) |
| 9 Apr - Dear Sir/Madam, PFA, certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 31st March, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Dear Sir/Madam, PFA, certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 31st March, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2483204-0b0b-492d-9c9f-69337b7a33a3.pdf) |
| 6 May - Indus Finance approved FY26 audited results, recommended Rs.0.60 dividend, and fixed 3 July 2026 record date. | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 06.05.2026 6 May - Indus Finance approved FY26 audited results, recommended Rs.0.60 dividend, and fixed 3 July 2026 record date.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/d6a94968-28a3-4480-8814-2b2b1f580d74.pdf) |
| 5 January 2026 - Regulation 74(5) certificate for quarter ended Dec 31, 2025; securities dematerialised. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 5 January 2026 - Regulation 74(5) certificate for quarter ended Dec 31, 2025; securities dematerialised.](https://nsearchives.nseindia.com/corporate/KANDARP_05012026165745_74_5_.pdf) |
| 30 Apr - Board meets 6 May 2026 to approve FY26 results, consider final dividend and fund raising. | [Board Meeting Intimation for 1. AUDITED FINANCIAL RESULTS 2.DIVIDEND 3.FUND RAISING 4.OTHER BUSINESSES 30 Apr - Board meets 6 May 2026 to approve FY26 results, consider final dividend and fund raising.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/13d15152-9dfd-495c-bb87-47931a4a8758.pdf) |
| 30 Apr - Board meets 6 May 2026 to approve FY26 results, consider final dividend and fund raising. | [Board Meeting Intimation for 1. AUDITED FINANCIAL RESULTS 2.DIVIDEND 3.FUND RAISING 4.OTHER BUSINESSES 30 Apr - Board meets 6 May 2026 to approve FY26 results, consider final dividend and fund raising.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/13d15152-9dfd-495c-bb87-47931a4a8758.pdf) |
| 28 Jan - Unaudited Q3 and nine-month results to 31 Dec 2025; Q3 net profit ₹28.60 lakh, 9M ₹54.35 lakh | [Board Meeting Outcome for Un-Audited Financial Results For The Quarter Ended 31St December, 2025 28 Jan - Unaudited Q3 and nine-month results to 31 Dec 2025; Q3 net profit ₹28.60 lakh, 9M ₹54.35 lakh](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e188829f-5162-47a0-8019-555e0e323b0a.pdf) |
| 22 Jan - Board meeting on 28 Jan 2026 to approve un-audited results for quarter ended 31 Dec 2025. | [Board Meeting Intimation for Un-Audited Financial Results Along With Limited Review Report For The Quarter Ended 31St December 2025 22 Jan - Board meeting on 28 Jan 2026 to approve un-audited results for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d906c80a-568a-48a3-8955-aca35dc7ac9b.pdf) |
| 20 Apr - Indus Finance clarified no pending disclosures or price-sensitive information on 20 April 2026. | [Clarification On Price Movement 20 Apr - Indus Finance clarified no pending disclosures or price-sensitive information on 20 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/861464f8-f2db-4b6d-927f-ffdbe5824c42.pdf) |
| 19 January 2026 - Compliance with SEBI corporate governance provisions not applicable for quarter ended 31 Dec 2025; NSE Emerge listing. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 19 January 2026 - Compliance with SEBI corporate governance provisions not applicable for quarter ended 31 Dec 2025; NSE Emerge listing.](https://nsearchives.nseindia.com/corporate/KANDARP_19012026154530_nonapplicabilityofcg31122025.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28387_KANDARP_2024_2025_A_2038320_04092025111938.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25802_KANDARP_2023_2024_05092024145243.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23496_KANDARP_2022_2023_05092023155552_09052023160017.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/878a7700-1132-405e-bf44-44cf3cf58667.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ccb4356-c8d2-4ed3-be9e-e61b7f7aa6e0.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e72dfe09-92bf-4f55-81fd-5fa369078772.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc6bbff9-3cff-4e9e-8828-c445c6c119bf.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/531841/76826531841.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/531841/72170531841.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/531841/66881531841.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 2026-09-13T18:36:49.517Z.