---
title: "Shiva Cement Ltd (532323) — Share Price, Financials & Analysis"
symbol: "532323"
company: "Shiva Cement Ltd"
canonical: "https://tapetide.com/stocks/532323"
isin: "INE555C01029"
nse_symbol: "SHIVACEM"
bse_code: "532323"
sector: "Construction"
industry: "Cement"
market_cap_cr: 470.82
generated_at: "2026-09-13T19:07:24.171Z"
---

# Shiva Cement Ltd (532323)

Canonical page: https://tapetide.com/stocks/532323

## Company

- **NSE Symbol:** SHIVACEM
- **BSE Code:** 532323
- **ISIN:** INE555C01029
- **Sector:** Construction
- **Industry:** Cement
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2026-08-17
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** shivacement.com

## About

Incorporated in 1985, Shiva Cements
 Ltd manufactures and sells cement, 
clinker and trading of allied product[1]

## Latest Price

- **Price:** ₹15.95
- **Change:** -0.09 (-0.56%)
- **Open:** ₹16.04
- **Day High:** ₹16.5
- **Day Low:** ₹15
- **Previous Close:** ₹16.04
- **Volume:** 117344
- **As Of:** 2026-09-11T10:20:15+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:21.626439Z.

- **Market Cap:** ₹470.82 Cr
- **Classification:** Microcap
- **P/E (reported):** -4.1
- **EPS (TTM):** ₹-3.95
- **Book Value:** ₹-2.26
- **Price to Book:** -7.11
- **Dividend Yield:** 0%
- **ROE:** 571.79%
- **ROCE:** -1.74%
- **Debt to Equity:** 12.97
- **Revenue (yearly):** ₹440.6 Cr
- **Net Income:** ₹-125.5 Cr
- **EBITDA:** ₹19 Cr
- **52-Week High:** ₹17.94
- **52-Week Low:** ₹15.4
- **RSI (14):** 1.79

## Tapetide Score

- **Score:** 39 / 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:** 12 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 17.02 | 9% |
| growth | 89.41 | 9% |
| momentum | 38.62 | 12% |
| ownership | 50 | 24% |
| quality | 40.51 | 22% |
| valuation | 18.66 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 250.34% | -66.38% | 174.96% |
| ebitda margin growth | 65.55% | -396.55% | -63.68% | -101.67% |
| net income growth | 25.17% | -11.93% | 83.75% | 392.16% |
| revenue growth | 24.37% | 38.6% | — | 73% |
| roce | — | -45.28% | -323.08% | -3.27% |
| roe | — | -514.79% | 160.16% | 857.29% |

## 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 | 104 | 98 | 145 | 97 | 51 | 58 | 106 | 106 | 82 | 126 | 121 | 151 |
| Expenses | 93 | 93 | 120 | 88 | 59 | 66 | 110 | 108 | 78 | 125 | 111 | 133 |
| Operating Profit | 12 | 5 | 25 | 9 | -9 | -8 | -3 | -2 | 4 | 1 | 11 | 19 |
| OPM % | 11 | 5 | 17 | 9 | -17 | -14 | -3.1 | -1.9 | 4.9 | 0.6 | 9 | 12 |
| Other Income | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 1 | 0 | 1 | 1 |
| Interest | 31 | 38 | 30 | 28 | 26 | 31 | 30 | 30 | 31 | 35 | 35 | 35 |
| Depreciation | 8 | 11 | 10 | 11 | 12 | 10 | 10 | 10 | 10 | 11 | 11 | 11 |
| Profit before tax | -26 | -44 | -15 | -29 | -45 | -46 | -42 | -41 | -36 | -45 | -34 | -26 |
| Tax % | -26 | -26 | -23 | -26 | -26 | -25 | 27 | -26 | -10 | -24 | -15 | -19 |
| Net Profit | -19 | -32 | -12 | -22 | -34 | -34 | -53 | -30 | -33 | -34 | -29 | -21 |
| EPS in Rs | -0.66 | -1.1 | -0.4 | -0.73 | -1.14 | -1.15 | -1.8 | -1.03 | -1.11 | -1.15 | -0.97 | -0.72 |

### 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 | 25 | 29 | 32 | 28 | 3 | 0 | 347 | 311 | 435 | 481 |
| Expenses | 34 | 36 | 39 | 38 | 13 | 13 | 308 | 317 | 422 | 447 |
| Operating Profit | -8 | -7 | -7 | -9 | -9 | -13 | 39 | -6 | 14 | 34 |
| OPM % | -33 | -24 | -21 | -33 | -261 | -131100 | 11 | -2 | 3.1 | 7 |
| Other Income | -10 | 0 | -1 | 3 | -10 | -24 | 2 | 2 | 4 | 3 |
| Interest | 14 | 15 | 15 | 15 | 9 | 13 | 101 | 115 | 131 | 136 |
| Depreciation | 8 | 8 | 8 | 8 | 7 | 59 | 31 | 42 | 42 | 43 |
| Profit before tax | -40 | -29 | -31 | -29 | -35 | -109 | -92 | -162 | -156 | -141 |
| Tax % | -22 | -27 | -25 | -25 | -26 | -26 | -25 | -12 | -19 | — |
| Net Profit | -31 | -21 | -23 | -22 | -26 | -80 | -68 | -142 | -126 | -117 |
| EPS in Rs | -1.05 | -0.72 | -0.77 | -0.74 | -0.87 | -2.73 | -2.32 | -4.83 | -4.26 | -3.95 |
| 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 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 59 | 59 |
| Reserves | 43 | 12 | -9 | -33 | -56 | -82 | -162 | -231 | 0 | -126 |
| Borrowings | 76 | 130 | 138 | 155 | 247 | 802 | 1334 | 1468 | 1460 | 1740 |
| Other Liabilities | 28 | 24 | 35 | 50 | 73 | 139 | 180 | 265 | 183 | 242 |
| Total Liabilities | 186 | 204 | 202 | 211 | 302 | 898 | 1392 | 1542 | 1701 | 1915 |
| Fixed Assets | 153 | 147 | 142 | 135 | 128 | 112 | 35 | 1034 | 1126 | 1206 |
| CWIP | 0 | 1 | 1 | 6 | 31 | 464 | 905 | 138 | 113 | 35 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 33 | 57 | 59 | 71 | 143 | 323 | 451 | 370 | 463 | 675 |
| Total Assets | 186 | 204 | 202 | 211 | 302 | 898 | 1392 | 1542 | 1701 | 1915 |

### 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 | 35 | -59 | -5 | -11 | -4 | -113 | -110 | 253 | -56 | 85 |
| Cash from Investing Activity | -40 | -11 | -3 | -6 | -75 | -362 | -342 | -254 | -210 | -232 |
| Cash from Financing Activity | 6 | 70 | 8 | 17 | 86 | 479 | 448 | 8 | 261 | 146 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 7 | 4 | -3 | 7 | -5 | -1 |
| Free Cash Flow | -6 | -71 | -8 | -18 | -84 | -475 | -459 | -1 | -268 | -151 |
| CFO/OP | -615 | 714 | 70 | 162 | 47 | 1249 | 833 | 651 | 887 | 636 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 21 | 61 | 37 | 16 | 24 | 3 | 291635 | 0 | 1 | 0 |
| Inventory Days | 299 | 782 | 303 | 494 | 511 | 1550 | 24546 | 226 | 288 | 232 |
| Days Payable | 240 | 480 | 179 | 279 | 327 | 697 | 41230 | 294 | 434 | 324 |
| Cash Conversion Cycle | 79 | 362 | 160 | 232 | 208 | 856 | 274951 | -67 | -145 | -93 |
| Working Capital Days | -941 | 47 | -1697 | -1880 | -636 | -4320 | -4252980 | -158 | -124 | -302 |
| ROCE % | -7 | -9 | -8 | -9 | -7 | -2 | -7 | 1 | -3 | -1 |

## 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 | 59.59% | 59.59% | 59.59% | 66.44% | 66.44% | 66.44% | 66.44% | 66.44% | 66.44% | 66.44% | 66.5% | 66.5% |
| FIIs | 0% | 0% | 0.1% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% | 0.11% |
| DIIs | 0.1% | 0.1% | 0.11% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 34.64% | 34.51% | 34.49% | 28.47% | 28.63% | 28.56% | 28.48% | 28.65% | 28.59% | 28.48% | 28.25% | 28.62% |
| Others | 5.67% | 5.8% | 5.72% | 4.9% | 4.75% | 4.81% | 4.89% | 4.72% | 4.78% | 4.89% | 5.07% | 4.69% |
| No. of Shareholders | 46436 | 47747 | 50354 | 55596 | 57498 | 57781 | 57597 | 57241 | 56800 | 56064 | 55238 | 54974 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 15.99 | Sell |
| EMA (10) | 16.09 | Sell |
| SMA (20) | 16.38 | Sell |
| EMA (20) | 16.3 | Sell |
| SMA (50) | 16.75 | Sell |
| EMA (50) | 16.73 | Sell |
| SMA (100) | 17.41 | Sell |
| EMA (100) | 17.44 | Sell |
| SMA (200) | 18.86 | Sell |
| EMA (200) | 19.67 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.74 | Neutral |
| MACD (12,26,9) | -0.28 | Sell |
| Stochastic (14,3,3) | 36.45 | Neutral |
| ADX (14) | 33.04 | Buy |
| Williams %R (14) | -55.61 | Neutral |
| ATR (14) | 0.76 | High Volatility |
| ROC (12) | -3.8 | Sell |
| Stoch RSI (14) | 65.11 | Neutral |
| UO (7,14,28) | 46.8 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-07-28 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67bec0bf-6baf-4d43-8ee2-187e54e99641.pdf) |
| 2026-07-27 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 27Th July 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72c0c779-2d8d-4cbb-81cc-268dfd29cad6.pdf) |
| 2026-07-23 | [Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2affb5c4-c826-4cb5-a0a8-c5b7fbc5ef30.pdf) |
| 2026-07-22 | [Board Meeting Intimation for Considering And Approving Inter-Alia The Unaudited Financial Results Of The Company For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08b58eed-5bbe-40ee-9440-1b366703766b.pdf) |
| 2026-07-17 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6045e6c-2412-41d9-98c1-25730d9a4aff.pdf) |
| 2026-07-17 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a03cd7c-d613-4ddf-bbaf-1d1b4154bb14.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37079cda-99eb-44ab-9c78-bdbc48e00bf7.pdf) |
| 2026-06-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ff911cc-25f3-49a7-9117-aafa44dba25c.pdf) |
| 2026-06-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34acc152-e728-481a-a19e-ff93aa1a799c.pdf) |
| 2026-06-25 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be0a6d92-d512-4603-aaf9-bf29cdde8727.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-27 | [Outcome Of The Board Meeting Held On 27Th July 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=930fbbc4-7618-48cf-bfa1-96936bf6b4e6.pdf) |
| 2026-05-04 | [Audited Standalone Financial Results Of Shiva Cement Limited For The Quarter And Year Ended 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71a4e3c1-3b86-4902-8158-4d1cdb8c330d.pdf) |
| 2026-01-29 | [Board Meeting Outcome For Unaudited Financial Results Of Shiva Cement Limited For The Third Quarter Ended December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=044e80c6-8cb9-4f12-af49-52358867bf45.pdf) |
| 2025-10-27 | [Outcome Of The Board Meeting Held On 27Th October 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b230c8e6-d6bf-4678-bc95-00b086bb2efc.pdf) |
| 2025-07-18 | [Un-Audited Financial Results For The Quarter Ended June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1508d2f-9d38-41d8-a344-c2bfdabb7f74.pdf) |
| 2025-05-08 | [Submission Of Pdf Of The Standalone Financial Results Along With Declaration For The Quarter And Year End 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8208021e-4846-4970-85f0-b86db672ab1e.pdf) |
| 2025-04-28 | [Result Of The Board Meeting Dated 28Th April 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6c96d8d-38c4-46a8-998a-b123699fd3d4.pdf) |
| 2025-02-05 | [Unaudited Financial Results For The Quarter And Nine Months Ended 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53cfaa3a-bbca-43ba-8cb5-7f46314e7707.pdf) |
| 2024-10-21 | [Board Meeting Outcome for The Board Of Directors Of The Company, At Its Meeting Held Today, I.E. On 21St October, 2024, Inter-Alia, Have Approved The Unaudited Financial Results For The Quarter And Half Year Ended 30.09.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f027c985-2a97-4593-b2a1-46aed44668dd.pdf) |
| 2024-10-21 | [The Board Of Directors Of The Company, At Its Meeting Held Today, I.E. On 21St October, 2024, Inter-Alia, Have Approved The Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af337de1-9358-4749-bd6b-36aa61f6f6e3.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Mar - Copies of the newspaper advertisement published in Financial express (English - all editions) and Surya Prabha (Odiya) today i.e. on 6th March, 2026 intimating the … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Mar - Copies of the newspaper advertisement published in Financial express (English - all editions) and Surya Prabha (Odiya) today i.e. on 6th March, 2026 intimating the …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6729dd13-e76a-468b-9902-f57995f0417d.pdf) |
| 6 Feb - JSW Cement bought 1,12,095 Shiva Cement shares (0.038%), raising stake to 66.2145% on 03-Feb-2026. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 6 Feb - JSW Cement bought 1,12,095 Shiva Cement shares (0.038%), raising stake to 66.2145% on 03-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/AA0A9426_8E47_474A_99D7_9F238476E4C3_105321.pdf) |
| 4 May - FY26 audited results showed Rs 12,553.25 lakh loss; unmodified audit opinion; appointed internal and cost auditors. | [Appointment Of Cost Auditor And Internal Auditor 4 May - FY26 audited results showed Rs 12,553.25 lakh loss; unmodified audit opinion; appointed internal and cost auditors.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1540a8f2-e2a8-4df6-b9c6-0c817d2f7c1f.pdf) |
| 4 May - FY26 audited results showed Rs 12,553.25 lakh loss; unmodified audit opinion; appointed internal and cost auditors. | [Appointment Of Cost Auditor And Internal Auditor 4 May - FY26 audited results showed Rs 12,553.25 lakh loss; unmodified audit opinion; appointed internal and cost auditors.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1540a8f2-e2a8-4df6-b9c6-0c817d2f7c1f.pdf) |
| 4 May - Board approved FY26 audited standalone results, unmodified audit opinion, and appointed internal and cost auditors. | [Board Meeting Outcome for Outcome Of The Board Meeting Dated May 04, 2026 In Accordance With The SEBI (LODR) Regulations, 2015 4 May - Board approved FY26 audited standalone results, unmodified audit opinion, and appointed internal and cost auditors.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ea6c712-21dc-4966-9209-fab780928210.pdf) |
| 4 May - Board approved FY26 audited standalone results, unmodified audit opinion, and appointed internal and cost auditors. | [Board Meeting Outcome for Outcome Of The Board Meeting Dated May 04, 2026 In Accordance With The SEBI (LODR) Regulations, 2015 4 May - Board approved FY26 audited standalone results, unmodified audit opinion, and appointed internal and cost auditors.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5ea6c712-21dc-4966-9209-fab780928210.pdf) |
| 29 Jan - Q3 results: nine-month loss Rs9,690.14 lakh; accumulated loss Rs53,062.31 lakh; registered office shifted to Mumbai. | [Board Meeting Outcome for Unaudited Financial Results Of Shiva Cement Limited For The Third Quarter Ended December 31, 2025 29 Jan - Q3 results: nine-month loss Rs9,690.14 lakh; accumulated loss Rs53,062.31 lakh; registered office shifted to Mumbai.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa309a03-1923-4402-a027-42a8bb9a026f.pdf) |
| 29 Jan - Q3 2025-26 loss ₹3,389.65 lakh; 9M loss ₹9,690.14 lakh; accumulated loss ₹53,062.31 lakh; office shifted to Mumbai. | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address 29 Jan - Q3 2025-26 loss ₹3,389.65 lakh; 9M loss ₹9,690.14 lakh; accumulated loss ₹53,062.31 lakh; office shifted to Mumbai.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/68ec5a3c-e214-4808-a974-011ad0c0e10a.pdf) |
| 28 Feb - Promoter Sameer Merchant acquired 15,000 shares (0.03%) on Feb 27, 2026 via open market. | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 28 Feb - Promoter Sameer Merchant acquired 15,000 shares (0.03%) on Feb 27, 2026 via open market.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59B9DF25_1326_4318_B94C_EF500C2321AF_104433.pdf) |
| 28 Apr - Board meets May 4, 2026 to consider audited Q4 and FY26 results; trading window closed from April 1. | [Board Meeting Intimation for Considering, Approving And Taking On Record, Amongst Other Businesses, Inter-Alia, The Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026. 28 Apr - Board meets May 4, 2026 to consider audited Q4 and FY26 results; trading window closed from April 1.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5981047-f516-4be7-acf5-277a000079b6.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a0e0ea6-76b6-4e79-ac75-d89d0a317580.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/37543f87-e7af-4e3b-a6ba-8f405b5438b5.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/715799f7-825c-4cba-a978-957b5acc93eb.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39ac43ea-fb79-4429-89bb-7c18593416e1.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8cb294eb-dc88-49a2-9a84-64b1926cb0e3.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f632afda-22da-4151-8374-b42ae2845d43.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e11deb4-8c59-445c-b349-43b6a61e5c07.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/88b0f877-319c-4af5-be93-f6bc0987b9f8.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5151f566-6d07-4984-a899-59825876484d.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/236c61ec-d380-4707-8dbe-0af0373a4fd8.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9e27662e-36c8-48e8-9567-01a7e4c45528.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532323/74441532323.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532323/70291532323.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532323/65341532323.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532323/5323230319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532323/5323230318.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 2026-09-13T19:07:24.171Z.