---
title: "Shivamshree Businesses Ltd (538520) — Share Price, Financials & Analysis"
symbol: "538520"
company: "Shivamshree Businesses Ltd"
canonical: "https://tapetide.com/stocks/538520"
isin: "INE857P01021"
nse_symbol: "SHIVAMSHREEBUSINESSESLTD"
bse_code: "538520"
sector: "Food Products"
industry: "Packaged Foods"
market_cap_cr: 15.34
generated_at: "2026-09-13T18:34:50.326Z"
---

# Shivamshree Businesses Ltd (538520)

Canonical page: https://tapetide.com/stocks/538520

## Company

- **NSE Symbol:** SHIVAMSHREEBUSINESSESLTD
- **BSE Code:** 538520
- **ISIN:** INE857P01021
- **Sector:** Food Products
- **Industry:** Packaged Foods
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** siddarthbusinesses.com, www.shivamshree.com

## About

Incorporated in 1983, Shivamshree Businesses Ltd is engaged in the business of trading of various solar and related products, execution of EPC contracts and manufacturing of FIBC bags business.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:37:28.047046Z.

- **Market Cap:** ₹15.34 Cr
- **Classification:** Microcap
- **P/E (reported):** 23.7
- **EPS (TTM):** ₹0.09
- **Book Value:** ₹1.09
- **Price to Book:** 1.95
- **Dividend Yield:** 0%
- **ROE:** 1.82%
- **ROCE:** 3.05%
- **Debt to Equity:** 0.84
- **Revenue (yearly):** ₹15.2 Cr
- **Net Income:** ₹0.2 Cr
- **EBITDA:** ₹1.3 Cr
- **52-Week High:** ₹2.66
- **52-Week Low:** ₹1.46
- **RSI (14):** 60.27

## Tapetide Score

- **Score:** 52 / 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:** 56.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 41.63 | 9% |
| growth | 98.9 | 9% |
| momentum | 72.18 | 12% |
| ownership | 50 | 24% |
| quality | 45.11 | 22% |
| valuation | 36.67 | 24% |

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

## Key Insights

### Strengths

- Debtor days have improved from 43.7 to 31.2 days.

### Weaknesses

- Company has a low return on equity of -4.24% over last 3 years.
- Company might be capitalizing the interest cost
- Working capital days have increased from 30.6 days to 77.3 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -183.14% | — | — |
| ebitda margin growth | -77.78% | -142.9% | — | -81.6% |
| net income growth | -100% | -128.57% | 71% | 42% |
| revenue growth | -42.55% | 270.73% | 500% | 125% |
| roce | — | -113.74% | 182.41% | -1.95% |
| roe | — | -108.92% | -6.27% | -70.26% |

## 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 | 0.3 | 7.64 | 3.69 | 0.88 | 0.24 | 1.29 | 1.71 | 2.69 | 4.22 | 3.64 | 4.57 | 2.65 |
| Expenses | 0.31 | 7.25 | 4.09 | 0.94 | 0.35 | 1.42 | 2.27 | 2.65 | 4.06 | 3.46 | 3.83 | 2.42 |
| Operating Profit | -0.01 | 0.39 | -0.4 | -0.06 | -0.11 | -0.13 | -0.56 | 0.04 | 0.16 | 0.18 | 0.74 | 0.23 |
| OPM % | -3.33 | 5.1 | -10.84 | -6.82 | -45.83 | -10.08 | -32.75 | 1.49 | 3.79 | 4.95 | 16.19 | 8.68 |
| Other Income | 0.01 | 0.04 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.08 | 0.11 | 0 |
| Interest | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.09 | 0.01 |
| Depreciation | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.09 | 0.19 | 0.23 | 0.23 | 0.23 | 0.19 |
| Profit before tax | -0.01 | 0.43 | -0.39 | -0.07 | -0.12 | -0.14 | -0.65 | -0.15 | -0.04 | 0.02 | 0.53 | 0.03 |
| Tax % | -500 | 25.58 | 0 | 0 | 0 | -7.14 | -33.85 | 206.67 | 0 | 50 | -20.75 | -33.33 |
| Net Profit | 0.04 | 0.32 | -0.39 | -0.06 | -0.12 | -0.13 | -0.42 | -0.47 | -0.03 | 0.02 | 0.64 | 0.04 |
| EPS in Rs | 0.01 | 0.07 | -0.09 | -0.01 | -0.03 | -0.03 | -0.09 | -0.06 | 0 | 0 | 0.08 | 0.01 |

### 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 | 8.43 | 1.18 | 0.94 | 0.26 | 0.79 | 0.07 | 11.63 | 4.13 | 15.11 | 15.08 |
| Expenses | 8.36 | 1.1 | 1.04 | 0.31 | 0.44 | 0.12 | 11.65 | 4.99 | 13.88 | 13.77 |
| Operating Profit | 0.07 | 0.08 | -0.1 | -0.05 | 0.35 | -0.05 | -0.02 | -0.86 | 1.23 | 1.31 |
| OPM % | 0.83 | 6.78 | -10.64 | -19.23 | 44.3 | -71.43 | -0.17 | -20.82 | 8.14 | 8.69 |
| Other Income | 0.04 | 0.2 | 0.04 | 0.04 | 0.06 | 0.03 | 0.07 | 0.01 | 0.12 | 0.22 |
| Interest | 0.04 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.02 | 0 | 0.11 | 0.11 |
| Depreciation | 0.05 | 0.04 | 0.02 | 0.02 | 0.01 | 0.01 | 0 | 0.11 | 0.88 | 0.88 |
| Profit before tax | 0.02 | 0.21 | -0.12 | -0.06 | 0.37 | -0.06 | 0.03 | -0.96 | 0.36 | 0.54 |
| Tax % | 100 | 23.81 | -25 | -33.33 | 27.03 | -16.67 | 133.33 | -21.88 | 58.33 | — |
| Net Profit | 0 | 0.16 | -0.1 | -0.04 | 0.27 | -0.05 | -0.01 | -0.75 | 0.15 | 0.67 |
| EPS in Rs | 0 | 0.04 | -0.02 | -0.01 | 0.06 | -0.01 | 0 | -0.16 | 0.02 | 0.09 |
| Dividend Payout % | — | 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 | 4.57 | 4.57 | 4.57 | 4.57 | 4.57 | 4.57 | 4.57 | 4.57 | 4.57 | 7.57 |
| Reserves | -0.39 | -0.4 | -0.24 | -0.36 | -0.39 | -0.12 | -0.17 | -0.18 | -0.91 | 0.7 |
| Borrowings | 0 | 0.29 | -1.11 | 0.41 | 0.64 | 0 | 0.62 | 0 | 0.67 | 6.97 |
| Other Liabilities | 1.53 | 0.76 | 1.59 | 1.35 | 0.1 | 0.23 | 0.22 | 2.06 | 4.67 | 6.5 |
| Total Liabilities | 5.71 | 5.22 | 4.81 | 5.97 | 4.92 | 4.68 | 5.24 | 6.45 | 9 | 21.74 |
| Fixed Assets | 1.64 | 1.48 | 0.08 | 0.05 | 0.04 | 0.03 | 0.02 | 0.08 | 4 | 3.83 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.33 |
| Investments | 0.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.57 | 3.74 | 4.73 | 5.92 | 4.88 | 4.65 | 5.22 | 6.37 | 5 | 10.58 |
| Total Assets | 5.71 | 5.22 | 4.81 | 5.97 | 4.92 | 4.68 | 5.24 | 6.45 | 9 | 21.74 |

### 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 | 0.24 | -0.22 | -1.42 | 0.18 | -0.23 | 0.06 | -0.05 | 0.11 | 3.38 | -2.81 |
| Cash from Investing Activity | -0.54 | 0.14 | 1.51 | 0 | 0 | 0 | 0 | -0.2 | -4.06 | -8.01 |
| Cash from Financing Activity | 0 | -0.04 | 0 | 0 | 0 | 0 | 0 | -0.02 | 0.67 | 10.66 |
| Net Cash Flow | -0.31 | -0.12 | 0.08 | 0.18 | -0.23 | 0.06 | -0.05 | -0.11 | -0.01 | -0.16 |
| Free Cash Flow | 0.2 | -0.22 | -1.42 | 0.18 | -0.23 | 0.06 | -0.05 | 0.06 | -0.64 | -10.85 |
| CFO/OP | 120 | -271 | -1762 | -250 | 460 | 17 | 100 | -550 | -393 | -228 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 74.02 | 50.66 | 247.46 | 531.97 | 1123.08 | 323.42 | 3597.86 | 50.53 | 49.49 | 31.16 |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 74.02 | 50.66 | 247.46 | 531.97 | 1123.08 | 323.42 | 3597.86 | 50.53 | 49.49 | 31.16 |
| Working Capital Days | 97.5 | 93.96 | 1125.93 | 1102.77 | 4127.31 | 1432.28 | 16164.29 | 99.49 | -84.84 | 77.3 |
| ROCE % | 4.87 | 1.39 | 2.34 | -2.04 | -0.64 | 8.63 | -0.63 | 1.06 | -22.02 | 4.8 |

## 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 | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 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 | 93.61% | 93.58% | 93.58% | 93.58% | 93.58% | 92.38% | 75.16% | 75.16% | 75.09% | 75.11% | 75.13% | 75.2% |
| Others | 6.39% | 6.42% | 6.42% | 6.42% | 6.42% | 7.62% | 24.84% | 24.84% | 24.91% | 24.89% | 24.87% | 24.8% |
| No. of Shareholders | 3238 | 3238 | 3237 | 3237 | 3237 | 3328 | 3291 | 3291 | 3357 | 3557 | 3802 | 3748 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 4 / 5

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.99 | Buy |
| EMA (10) | 2.01 | Buy |
| SMA (20) | 1.95 | Buy |
| EMA (20) | 1.96 | Buy |
| SMA (50) | 1.93 | Buy |
| EMA (50) | 1.93 | Buy |
| SMA (100) | 1.87 | Buy |
| EMA (100) | 2.26 | Sell |
| SMA (200) | 2.01 | Buy |
| EMA (200) | 5.93 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 58.38 | Neutral |
| MACD (12,26,9) | 0.04 | Buy |
| Stochastic (14,3,3) | 83.43 | Sell |
| ADX (14) | 21 | Neutral |
| Williams %R (14) | -18.92 | Sell |
| ATR (14) | 0.13 | High Volatility |
| ROC (12) | 7.65 | Buy |
| Stoch RSI (14) | 91.88 | Sell |
| UO (7,14,28) | 54.67 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Redeemed INR 560 crore CPs (11,200 units) on 09/03/2026; outstanding nil; scrip 730079 delist requested. | [Reg 23(5)(i): Disclosure of material issue 9h - Redeemed INR 560 crore CPs (11,200 units) on 09/03/2026; outstanding nil; scrip 730079 delist requested.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0774afd8-2e04-4a59-b41e-fc64b0d6fb45.pdf) |
| 8h - Allotted 56,000 NCDs aggregating INR 560 crore; 7.1652% coupon; 3-year tenor; redemption March 05, 2029. | [Reg 23(5)(i): Disclosure of material issue 8h - Allotted 56,000 NCDs aggregating INR 560 crore; 7.1652% coupon; 3-year tenor; redemption March 05, 2029.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e9da6429-3724-43d0-9de8-5368ba9c94a7.pdf) |
| 6 Jan - Compliances under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December 31, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jan - Compliances under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc36b8e3-161f-47dd-9cd1-4fe13f2517be.pdf) |
| 5 Feb - Newspaper Advertisement Of Extract of Unaudited Financial Results for the Quarter and nine months ended on 31st December, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Feb - Newspaper Advertisement Of Extract of Unaudited Financial Results for the Quarter and nine months ended on 31st December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d01527cd-1576-4eea-a6d2-5214d5fe5cc1.pdf) |
| 4 Feb - Management to meet investors at Nuvama India Conference, Grand Hyatt Mumbai on Feb 9, 2026; presentation linked. | [Reg 23(5)(i): Disclosure of material issue 4 Feb - Management to meet investors at Nuvama India Conference, Grand Hyatt Mumbai on Feb 9, 2026; presentation linked.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a49d9449-e8a2-4bdb-8ef7-4e4dc5e211bc.pdf) |
| 4 Feb - Management to meet investors at Axis Capital conference, Mumbai on February 10, 2026; presentation uploaded. | [Reg 23(5)(i): Disclosure of material issue 4 Feb - Management to meet investors at Axis Capital conference, Mumbai on February 10, 2026; presentation uploaded.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5b12055e-915a-4e9b-821c-0084f66bb753.pdf) |
| 4 Feb - Board approved Q3 (Dec 31, 2025) results; 30,000,000 shares issued raising Rs4.5 crore. | [Board Meeting Outcome for Board Meeting Outcome For UNAUDITED FINANCIAL RESULTS (STANDALONE) FOR THE THIRD QUARTER AND NINE MONTHS ENDED DECEMBER 31, 2025. 4 Feb - Board approved Q3 (Dec 31, 2025) results; 30,000,000 shares issued raising Rs4.5 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a15501d-ad10-4a6a-9f1c-a19e59f247e6.pdf) |
| 30 Apr - Company confirms it is not a Large Corporate; no initial debt disclosure required for FY2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it is not a Large Corporate; no initial debt disclosure required for FY2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b59a5e3-4e04-4ecc-b369-c0a06d348f00.pdf) |
| 30 Apr - Company confirms it is not a Large Corporate; no initial debt disclosure required for FY2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it is not a Large Corporate; no initial debt disclosure required for FY2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8b59a5e3-4e04-4ecc-b369-c0a06d348f00.pdf) |
| 30 Apr - Company confirms it is not a Large Corporate for FY2026, so no annual disclosure filing is required. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 30 Apr - Company confirms it is not a Large Corporate for FY2026, so no annual disclosure filing is required.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a078a072-214a-4910-9fe2-50553c175a8e.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3acef314-4e87-45d4-b245-8a4690e08b2e.pdf) |
| 2026-08-11 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80d38081-0aa5-4096-a4f5-e3c14a9f5ef8.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1bb084ba-5ba5-4197-8d07-ebe6a7c2ab63.pdf) |
| 2026-08-04 | [Board Meeting Outcome for Shivamshree Businesses Limited Has Informed BSE That The Board Of Directors Of The Company Has Considered And Approved Unaudited Standalone Financial Results For The Quarter Ended June 30 2026 And Shifting Of The Registered Offic](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=786f268e-59bb-4c9b-8a1a-3ba32469f8c0.pdf) |
| 2026-07-28 | [Board Meeting Intimation for Considering And Approving Unaudited Standalone Financial Results Of The Company For Quarter Ended June 30 2026 & Shifting Of The Registered Office Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ad60091-999c-401a-b14e-04d78e61624f.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f12a4d52-f8de-4140-a877-60062741e8fc.pdf) |
| 2026-07-08 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f28083d-2903-425c-a564-c8daeb8d5d25.pdf) |
| 2026-07-07 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e524e9ee-fc81-47f6-bdc9-caf8e06e0701.pdf) |
| 2026-06-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17b46012-037f-4065-89b8-26fc6e6214f4.pdf) |
| 2026-06-16 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1717c89-597d-4b6a-b165-11ba2deb160d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-04 | [Unaudited Standalone Financial Results Of The Company For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a091e153-3238-4807-b136-c382a90a04ad.pdf) |
| 2026-05-19 | [Results-Financial Results For 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e59f8017-ab09-4f41-bf96-729a7ca4d551.pdf) |
| 2026-02-04 | [UNAUDITED FINANCIAL RESULTS (STANDALONE) FOR THE THIRD QUARTER AND NINE MONTHS ENDED DECEMBER 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fbbdaed-d8b3-4d57-b0a3-12dbec65f83b.pdf) |
| 2025-11-13 | [Unaudited Standalone Financial Results Of The Company For The Quarter And Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e71063b6-14de-43ff-9971-9a3885c82e50.pdf) |
| 2025-08-01 | [Unaudited Standalone Financial Results Of The Company For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=335e4c40-6b73-46cb-a3f7-d49f2462208d.pdf) |
| 2025-05-06 | [Board Meeting Outcome for Audited Standalone Financial Results Of The Company For The Quarter And Financial Year Ended March 31 2025 And Preferential Allotment Of Equity Shares.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb1799f6-51ed-4884-a77f-9832fd13419e.pdf) |
| 2025-01-30 | [Results For The Quarter And Nine Months Ended December 31 2024 Along With Limited Review Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3fe58e77-1993-49f1-9f88-ba15af5d6383.pdf) |
| 2024-11-11 | [Results For The Quarter And Half Year Ended 30Th September, 2024 Along With Limited Review Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3a3fb6a-d152-4dfd-a7e4-bbc074d365c3.pdf) |
| 2024-10-25 | [Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e4146ba-4c10-4599-b0b2-4f4ee5bb7396.pdf) |
| 2024-08-12 | [Board Meeting Outcome For Consideration And Approval Of Unaudited Standalone Financial Results Of The Company For The Quarter Ended 30Th June, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f16d95e2-9a3a-4012-ad45-51fe454fbd02.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0586afa8-ad2f-4988-bca1-68f19354f13d.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f29b832b-3d8d-4a3d-872d-2ef17674736a.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ff3b1cf-a7d8-4f9c-9748-088dbd99c22a.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18985b90-0f08-4351-832c-cca91e1d1848.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19be8e92-b8ad-4a15-a2d4-86ba1723cadb.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0de074a8-8991-49c1-b4b3-55db14096591.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543217/73157543217.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538520/74950538520.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/543217/68516543217.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538520/72457538520.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ed34f72-7c52-48c4-b167-5f41b9378b04.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b3827b8-14ff-46b7-aeda-288539e0aeb1.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41d0fec3-ad72-46b1-9187-a4c30025d435.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9befddf8-2382-4a4e-8b44-f35f5c1af706.pdf) |
| Jun 2023 | [Concall - Jun 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/100fc5fe-8999-4d54-8980-6a94c9b26eba.pdf) |
| Jun 2022 | [Concall - Jun 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/04ee1d0b-da28-4bc1-9975-df24aa2da67e.pdf) |
| Jul 2023 | [Concall - Jul 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f41523c-3624-43ec-94f2-ac053d824961.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 2026-09-13T18:34:50.326Z.
