---
title: "BSEL ALGO Ltd (532123) — Share Price, Financials & Analysis"
symbol: "532123"
company: "BSEL ALGO Ltd"
canonical: "https://tapetide.com/stocks/532123"
isin: "INE395A01016"
nse_symbol: "BSELINFRASTRUCTUREREALTYLTD"
bse_code: "532123"
sector: "Financial Services"
industry: "Investment Company"
market_cap_cr: 34.24
generated_at: "2026-09-13T18:23:19.105Z"
---

# BSEL ALGO Ltd (532123)

Canonical page: https://tapetide.com/stocks/532123

## Company

- **NSE Symbol:** BSELINFRASTRUCTUREREALTYLTD
- **BSE Code:** 532123
- **ISIN:** INE395A01016
- **Sector:** Financial Services
- **Industry:** Investment Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bsel.com

## About

Incorporated in 1995, BSEL Algo Ltd undertakes algorithm-based trading and also deals in real estate.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:59.259879Z.

- **Market Cap:** ₹34.24 Cr
- **Classification:** Microcap
- **P/E (reported):** -1
- **EPS (TTM):** ₹-3.94
- **EPS (reported):** ₹3.73
- **Book Value:** ₹54.88
- **Price to Book:** 0.07
- **Dividend Yield:** 0%
- **ROE:** 2.12%
- **ROCE:** 2.84%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹-35.82 Cr
- **Net Income:** ₹-35.34 Cr
- **EBITDA:** ₹-37.65 Cr
- **52-Week High:** ₹6.92
- **52-Week Low:** ₹3.17
- **RSI (14):** 44

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 91%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 73.34 | 9% |
| growth | 98.9 | 9% |
| momentum | 33.86 | 12% |
| ownership | 50 | 24% |
| quality | 36.21 | 22% |
| valuation | 44.66 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.05 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Promoter holding is low: 20.4%
- Company has a low return on equity of -0.01% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -119.42% | 80.67% | -182.98% |
| ebitda margin growth | 103.67% | 25.22% | 18.72% | 32.05% |
| net income growth | 103.04% | -453.4% | -240.24% | -821.22% |
| revenue growth | 104.63% | -340.4% | — | 284% |
| roce | -103.71% | -54.49% | -68.41% | 4.01% |
| roe | -103.01% | -61.45% | 5.49% | — |

## 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 | 10.98 | -7.59 | 8.24 | 22.75 | 9.56 | -12.03 | -7.32 | 0.54 | -0.28 | 10.16 | -46.21 | 1.47 |
| Expenses | 0.42 | 0.4 | 0.49 | 0.27 | 0.44 | 0.55 | 0.28 | 0.24 | 0.33 | 0.36 | 0.9 | 0.41 |
| Operating Profit | 10.56 | -7.99 | 7.75 | 22.48 | 9.12 | -12.58 | -7.6 | 0.3 | -0.61 | 9.8 | -47.11 | 1.06 |
| OPM % | 96.17 | — | 94.05 | 98.81 | 95.4 | — | — | 55.56 | — | 96.46 | — | 72.11 |
| Other Income | 0.33 | 0.5 | 0.98 | 0.51 | 0.5 | 0.3 | 0.68 | 0.48 | 0.49 | 0.56 | 0.78 | 0.67 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 10.88 | -7.5 | 8.72 | 22.98 | 9.61 | -12.29 | -6.93 | 0.77 | -0.13 | 10.35 | -46.34 | 1.72 |
| Tax % | 19.94 | -22.13 | -9.17 | 19.76 | 25.29 | -25.87 | -5.77 | 80.52 | 200 | 25.02 | -7.57 | 25 |
| Net Profit | 8.71 | -5.84 | 9.52 | 18.44 | 7.18 | -9.11 | -6.53 | 0.15 | -0.39 | 7.76 | -42.83 | 1.29 |
| EPS in Rs | 1.05 | -0.71 | 1.15 | 2.23 | 0.83 | -1.05 | -0.75 | 0.02 | -0.05 | 0.9 | -4.94 | 0.15 |

### 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 | 0 | 5 | 0 | 0 | 0 | 40 | 30 | 15 | -34 | -35 |
| Expenses | 2 | 22 | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Operating Profit | -1 | -16 | -2 | -1 | -1 | 38 | 29 | 13 | -35 | -37 |
| OPM % | -315 | -318 | -5425 | — | — | 96 | 95 | 90 | — | 106 |
| Other Income | 2 | -4 | -5 | 2 | 7 | 1 | 0 | 0 | 0 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | -20 | -7 | 1 | 6 | 40 | 29 | 13 | -35 | -34 |
| Tax % | 14 | 0 | 0 | 65 | 18 | 2 | 12 | 25 | 0 | — |
| Net Profit | 1 | -20 | -7 | 0 | 5 | 39 | 25 | 10 | -35 | -34 |
| EPS in Rs | 0.07 | -2.44 | -0.79 | 0.06 | 0.59 | 4.71 | 3.05 | 1.15 | -4.08 | -3.94 |
| 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 | 83 | 83 | 83 | 83 | 83 | 83 | 83 | 83 | 87 | 87 |
| Reserves | 420 | 422 | 431 | 463 | 449 | 469 | 550 | 571 | 585 | 610 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1 | 1 | 21 | 0 | 0 | 1 | 0 | 7 | 0 | 0 |
| Total Liabilities | 503 | 506 | 535 | 546 | 532 | 552 | 633 | 661 | 671 | 697 |
| Fixed Assets | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 68 | 77 | 85 | 82 | 82 | 76 | 117 | 147 | 142 | 124 |
| Other Assets | 433 | 427 | 447 | 462 | 450 | 475 | 514 | 513 | 528 | 572 |
| Total Assets | 503 | 506 | 535 | 546 | 532 | 552 | 633 | 661 | 671 | 697 |

### 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 | 21 | 5 | -14 | -38 | 11 | -27 | -5 | 33 | -10 | -82 |
| Cash from Investing Activity | -20 | -6 | 17 | 38 | -12 | 27 | 3 | -32 | 9 | 81 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 1 | -1 | 2 | 0 | 0 | 1 | -3 | 1 | -1 | 0 |
| Free Cash Flow | 21 | 5 | -14 | -38 | 11 | -27 | -5 | 33 | -10 | -82 |
| CFO/OP | -3376 | -391 | 88 | 2039 | -1874 | 2539 | -13 | 114 | -75 | 231 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 11580 | 12700 | 714 | -425590 | -106398 | -176222 | 235 | 183 | 75 | -21 |
| Inventory Days | 318937 | 398671 | 781 | -851545 | -212886 | -170309 | — | — | — | -254 |
| Days Payable | 584 | 730 | 1 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 329933 | 410641 | 1494 | -1277135 | -319284 | -346531 | 235 | 183 | 75 | -275 |
| Working Capital Days | 48122 | 53206 | 3777 | 1293925 | 318006 | 340618 | 478 | 414 | 646 | 277 |
| ROCE % | 1 | 0 | -4 | -1 | 0 | 1 | 7 | 4 | 2 | -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 | 16.45% | 16.45% | 16.45% | 16.45% | 16.45% | 16.45% | 20.31% | 20.31% | 20.31% | 20.42% | 20.42% | 20.42% |
| FIIs | 0% | 0% | 0% | 0% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| 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 | 66.08% | 69.84% | 72.55% | 70.96% | 67.88% | 68.7% | 67.12% | 69.21% | 69.17% | 69.13% | 70.7% | 72.78% |
| Others | 17.47% | 13.71% | 11% | 12.58% | 15.54% | 14.73% | 12.45% | 10.37% | 10.4% | 10.34% | 8.77% | 6.69% |
| No. of Shareholders | 51952 | 54971 | 60259 | 58726 | 58123 | 61783 | 63137 | 63973 | 64274 | 63525 | 62494 | 61890 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 5 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 4.03 | Sell |
| EMA (10) | 4.02 | Sell |
| SMA (20) | 4.02 | Sell |
| EMA (20) | 4.04 | Sell |
| SMA (50) | 4.1 | Sell |
| EMA (50) | 4.13 | Sell |
| SMA (100) | 4.36 | Sell |
| EMA (100) | 4.35 | Sell |
| SMA (200) | 4.76 | Sell |
| EMA (200) | 4.9 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.4 | Neutral |
| MACD (12,26,9) | -0.02 | Buy |
| Stochastic (14,3,3) | 55.37 | Neutral |
| ADX (14) | 32.6 | Buy |
| Williams %R (14) | -45.76 | Neutral |
| ATR (14) | 0.19 | High Volatility |
| ROC (12) | -2.93 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 50.08 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59f66b87-68d7-4f2c-9849-5b3240331001.pdf) |
| 2026-09-04 | [Notice Of 31St Annual General Meeting Of The Company Scheduled To Be Held On Monday September 28 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6f1e7c84-82dc-4ca4-bd18-912220a07113.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37e7715c-892e-4d74-9f30-4ce04c33e83a.pdf) |
| 2026-09-04 | [Letter Sent To Shareholders - Annual Report FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9591040d-fbde-4030-8e5f-f176bbb7bcea.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a17c6ce-1232-4f67-8dd1-4a955d8012de.pdf) |
| 2026-08-08 | [Board Meeting Outcome for Approval Of Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d205add3-0145-4dad-ba80-384f98298d32.pdf) |
| 2026-08-03 | [Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f430d8f3-697a-41d2-a4c2-cdba5e7d9d57.pdf) |
| 2026-07-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5676d844-3dcf-41db-ab28-97ed5a597e24.pdf) |
| 2026-06-26 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99a4e36f-4b43-4d80-8b57-b2d7b9c8f698.pdf) |
| 2026-05-28 | [Board Meeting Outcome for Approval Of Audited Standalone And Consolidated Financial Results For The Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a36f3d4-6fa4-48be-b05f-3856b8417730.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-08 | [Results - Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8b5f65e-c552-4848-94c7-8a5fb99757e7.pdf) |
| 2026-05-28 | [Results - Financial Results For The Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c6a4121-c79a-4a8f-a8f9-1f84ad8b260a.pdf) |
| 2026-02-14 | [Results - Financial Results For The Quarter And Nine Months Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ebc8f5f-3b86-4223-b6c3-69628c09b97e.pdf) |
| 2025-11-07 | [Results - Financial Results For The Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6bed1102-77de-4c6c-8f7e-464a53464ff2.pdf) |
| 2025-08-04 | [Results - Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59d04925-c1ec-4cce-ac3d-9fc9f82c51e3.pdf) |
| 2025-05-29 | [Results - Financial Results For The Quarter And Financial Year Ended March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a30adcc7-4a28-4f69-aeab-89911898aac9.pdf) |
| 2025-02-13 | [Revised And Corrigendum To The Unaudited Financial Results Or The Quarter And Nine Months Ended December 31 2024 Submitted To The Exchange On 8Th February 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=881a4b39-cd9d-4933-be1e-0e1bbde819fd.pdf) |
| 2025-02-08 | [Board Meeting Outcome for Outcome Of Board Meeting For Approval Of Financial Results For The Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbb3ba8d-8d41-4b14-85f4-09739d256128.pdf) |
| 2025-02-08 | [Financial Results For The Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5959eb50-9bb8-4494-8e66-7171c74d7894.pdf) |
| 2024-11-07 | [Financial Results For The Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c9bc86a-41d7-44e9-ba9e-dd7637cb13dc.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Feb - Newspaper publication pursuant to Postal ballot Notice dispatch | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Feb - Newspaper publication pursuant to Postal ballot Notice dispatch](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9055471-415e-4f7e-a27d-6db5c95ca0c3.pdf) |
| 7 Feb - Dispatched postal ballot notice (remote e-voting only); newspaper ads published Feb 7, 2026. | [Newspaper advertisement - Dispatch of postal ballot notice 7 Feb - Dispatched postal ballot notice (remote e-voting only); newspaper ads published Feb 7, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3AF7A7C4-C399-44AA-B404-F6EC2CB303DF-132333.pdf) |
| 6 Feb - Postal ballot Feb 7–Mar 8, 2026 to reappoint Prof. Biju Varkkey (May26,2026–May25,2031) and appoint Dr. Reena Philip (Jan28,2026–Jan27,2030). | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 6 Feb - Postal ballot Feb 7–Mar 8, 2026 to reappoint Prof. Biju Varkkey (May26,2026–May25,2031) and appoint Dr. Reena Philip (Jan28,2026–Jan27,2030).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6af77a00-9a37-4be9-aff5-a4f8cb018d1d.pdf) |
| 5 Feb - Board meeting Feb 14, 2026 to approve unaudited quarterly and nine-month results ended Dec 31, 2025; trading window closed. | [Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended December 31, 2025 5 Feb - Board meeting Feb 14, 2026 to approve unaudited quarterly and nine-month results ended Dec 31, 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2702809a-d390-44d7-8d80-499edcf57a12.pdf) |
| 4 Feb - Transcript of earnings call pertaining to the Unaudited Financial Results for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 4 Feb - Transcript of earnings call pertaining to the Unaudited Financial Results for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/32f8e485-e979-4315-a475-423bdd709fab.pdf) |
| 29 December 2025 - Trading window closed from Jan 01, 2025 until 48 hours after results for quarter ended Dec 31, 2025. | [Trading Window 29 December 2025 - Trading window closed from Jan 01, 2025 until 48 hours after results for quarter ended Dec 31, 2025.](https://nsearchives.nseindia.com/corporate/KSHITIJPOL_29122025200936_Trading_Window_Closure-29-12-25.pdf) |
| 26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY/Q4 results for March 31, 2026. | [Closure of Trading Window 26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited FY/Q4 results for March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75e61e1c-21f5-49d1-b99a-ea678d635606.pdf) |
| 19 Feb - NSE Sustainability Ratings assigned ESG Rating 69 for FY25 (up from 68 FY24); independent public-domain assessment. | [Announcement Under Regulation 30 - ESG Rating 19 Feb - NSE Sustainability Ratings assigned ESG Rating 69 for FY25 (up from 68 FY24); independent public-domain assessment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f078652b-7fe3-47d8-a914-936bee5e1c72.pdf) |
| 18s - Investment in Gegadyne Energy Labs Private Limited | [Announcement under Regulation 30 (LODR)-Acquisition 18s - Investment in Gegadyne Energy Labs Private Limited](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c4cf9e53-2a8c-49a0-8d13-73fc4c76d5eb.pdf) |
| 16h - Shareholders approved reappointment of Prof. Biju Varkkey (Independent) May 26, 2026–May 25, 2031; Dr. Reena Philip appointed Jan 28, 2026–Jan 27, 2030. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 16h - Shareholders approved reappointment of Prof. Biju Varkkey (Independent) May 26, 2026–May 25, 2031; Dr. Reena Philip appointed Jan 28, 2026–Jan 27, 2030.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/372050aa-ee31-4e75-95e1-7aa47ad0a044.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55eafa49-4c74-4701-9b93-ab70688e6844.pdf) |
| Oct 2020 | [Concall - Oct 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6826fdb9-b18e-442d-8455-875e0468ceee.pdf) |
| Oct 2018 | [Concall - Oct 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/10/e5917d6b-c068-477b-8c71-1fc91568b029.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/afff77d2-80f4-4a22-b3e2-a3c60706f7aa.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/333c3882-51aa-48d8-befa-1c176cf30d9e.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7dc84301-35cc-4250-85e3-aa7c5c5d6d3a.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ea0cfd0-1d9a-49e4-b12b-706bce70a0c5.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96782bc3-0f4c-4b2e-a74c-cc545a2498b7.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b790e43c-f00a-4cf0-b344-1d487106d6ae.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cd04e16-acba-46bc-aa87-2011fe30df3c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/AR_28655_KSHITIJPOL_2024_2025_A_7252108_05092025192444.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/AR_25773_KSHITIJPOL_2023_2024_04092024234554.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23471_KSHITIJPOL_2022_2023_05092023002921_09052023070002.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20643_KSHITIJPOL_2021_2022_06082022172925_08062022180007.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_18407_KSHITIJPOL_2020_2021_15072021172032_15072021180006.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17804_KSHITIJPOL_2019_2020_11112020141212_17112020113839.zip) |
| from nse | [Financial Year 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15197_KSHITIJPOL_2018_2019_12082019191302_12082019200004.zip) |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_VGUARD_2011_2012_02072012105654.zip) |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_BSELINFRA_2011_2012_14092012110822.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d16c035-9cc3-44d5-8fa2-a0787b505a74.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 2026-09-13T18:23:19.105Z.