---
title: "Vani Commercials Ltd (538918) — Share Price, Financials & Analysis"
symbol: "538918"
company: "Vani Commercials Ltd"
canonical: "https://tapetide.com/stocks/538918"
isin: "INE661Q01017"
nse_symbol: "VANICOMMERCIALSLTD"
bse_code: "538918"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 26.38
generated_at: "2026-09-13T18:27:49.893Z"
---

# Vani Commercials Ltd (538918)

Canonical page: https://tapetide.com/stocks/538918

## Company

- **NSE Symbol:** VANICOMMERCIALSLTD
- **BSE Code:** 538918
- **ISIN:** INE661Q01017
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vanicommercials.com

## About

Incorporated in 1988, Vani Commercials Ltd is an NBFC - Investment and Credit Company.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:58.932663Z.

- **Market Cap:** ₹26.38 Cr
- **Classification:** Microcap
- **P/E (reported):** 72.3
- **EPS (TTM):** ₹0.46
- **EPS (reported):** ₹0
- **Book Value:** ₹11.89
- **Price to Book:** 0.73
- **Dividend Yield:** 0%
- **ROE:** 1.89%
- **ROCE:** 2.57%
- **Debt to Equity:** 2.61
- **Revenue (yearly):** ₹5.71 Cr
- **Net Income:** ₹0.35 Cr
- **EBITDA:** ₹2.11 Cr
- **52-Week High:** ₹13.99
- **52-Week Low:** ₹6.71
- **RSI (14):** 60.49

## Tapetide Score

- **Score:** 45 / 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: Fair · Momentum: Falling
- **Percentile:** 28.3 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 40.56 | 9% |
| growth | 59.52 | 9% |
| momentum | 32.9 | 12% |
| ownership | 50 | 24% |
| quality | 32.14 | 22% |
| valuation | 56.63 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.73 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.67% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 135.5% | — | — |
| ebitda margin growth | 20% | -0.87% | -33.86% | — |
| net income growth | 200% | 16.67% | 47% | 64% |
| revenue growth | 6.25% | 67.94% | 45% | 54% |
| roce | 37.21% | -21.17% | -21.17% | — |
| roe | 177.78% | 5.59% | 1.84% | — |

## 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 | 1.49 | 1.25 | -0.39 | 1.39 | 1.29 | 0.82 | 0.01 | 2.08 | 1.04 | 1.02 | 1.55 | 1.58 |
| Expenses | 0.39 | 0.37 | 0.16 | 0.8 | 0.44 | 0.66 | 0.26 | 1.55 | 0.53 | 0.38 | 1.1 | 1.02 |
| Financing Profit | 0.26 | -0.01 | 0.35 | -0.19 | 0.5 | 0.18 | -0.25 | 0.22 | 0.21 | 0.26 | 0.11 | 0.22 |
| Financing Margin % | 17.45 | -0.8 | -89.74 | -13.67 | 38.76 | 21.95 | -2500 | 10.58 | 20.19 | 25.49 | 7.1 | 13.92 |
| Other Income | 0 | 0.01 | 0.01 | 0 | 0.01 | 0 | 0.62 | 0 | 0 | 0.02 | 0.03 | 0.06 |
| Interest | 0.84 | 0.89 | -0.9 | 0.78 | 0.35 | -0.02 | 0 | 0.31 | 0.3 | 0.38 | 0.34 | 0.34 |
| Depreciation | 0 | 0 | 0 | 0.01 | 0.05 | 0.03 | 0.03 | 0.02 | 0.04 | 0.05 | 0.05 | 0.03 |
| Profit before tax | 0.26 | 0 | 0.36 | -0.2 | 0.46 | 0.15 | 0.34 | 0.2 | 0.17 | 0.23 | 0.09 | 0.25 |
| Tax % | 0 | — | 102.78 | 0 | 0 | 0 | 64.71 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.26 | 0 | -0.01 | -0.2 | 0.46 | 0.15 | 0.12 | 0.2 | 0.17 | 0.23 | 0.09 | 0.25 |
| EPS in Rs | 0.22 | 0 | -0.01 | -0.17 | 0.39 | 0.13 | 0.1 | 0.17 | 0.14 | 0.2 | 0.03 | 0.09 |

### 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 | 0.24 | 0.26 | 0.54 | 0.67 | 1.06 | 1.89 | 3.14 | 3.39 | 5.71 | 5.19 |
| Expenses | 0.23 | 0.24 | 0.53 | 0.27 | 0.35 | 1.97 | 1.41 | 2.15 | 3.6 | 3.03 |
| Financing Profit | 0.01 | 0.02 | 0.01 | 0.04 | 0.11 | -0.45 | 0.58 | 0.58 | 0.76 | 0.8 |
| Financing Margin % | 4.17 | 7.69 | 1.85 | 5.97 | 10.38 | -23.81 | 18.47 | 17.11 | 13.31 | 15.41 |
| Other Income | 0.01 | 0 | 0.02 | 0 | 0.01 | 0.27 | 0.02 | 0.02 | 0.05 | 0.11 |
| Interest | 0 | 0 | 0 | 0.36 | 0.6 | 0.37 | 1.15 | 0.66 | 1.35 | 1.36 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.12 | 0.16 | 0.17 |
| Profit before tax | 0.02 | 0.02 | 0.03 | 0.04 | 0.12 | -0.18 | 0.6 | 0.48 | 0.65 | 0.74 |
| Tax % | 50 | 50 | 66.67 | 25 | 58.33 | 66.67 | 60 | 45.83 | 44.62 | — |
| Net Profit | 0.01 | 0.01 | 0 | 0.03 | 0.05 | -0.3 | 0.24 | 0.26 | 0.36 | 0.74 |
| EPS in Rs | 0.02 | 0.02 | 0 | 0.07 | 0.12 | -0.26 | 0.2 | 0.22 | 0.12 | 0.46 |
| 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 | 4.12 | 4.12 | 4.12 | 4.12 | 4.12 | 4.12 | 11.74 | 11.74 | 11.74 | 29.41 |
| Reserves | 0.02 | 0.02 | 0.03 | 0.04 | 0.07 | 0.11 | 1.34 | 1.66 | 2.02 | 6.04 |
| Borrowing | 0 | 0 | 0 | 4.11 | 6.87 | 13.55 | 9.34 | 40.22 | 30.6 | 0 |
| Other Liabilities | 0.03 | 0.03 | 0.03 | 0.08 | 0.14 | 0.18 | 0.65 | 1.64 | 1.53 | 23.11 |
| Total Liabilities | 4.17 | 4.17 | 4.18 | 8.35 | 11.2 | 17.96 | 23.07 | 55.26 | 45.89 | 58.56 |
| Fixed Assets | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.25 | 0.42 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1.96 | 1.96 | 1.96 | 2.06 | 2.05 | 2.05 | 4.22 | 3.24 | 4.85 | 3.02 |
| Other Assets | 2.2 | 2.21 | 2.22 | 6.29 | 9.15 | 15.91 | 18.85 | 51.99 | 40.79 | 55.12 |
| Total Assets | 4.17 | 4.17 | 4.18 | 8.35 | 11.2 | 17.96 | 23.07 | 55.26 | 45.89 | 58.56 |

### 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 | -0.09 | -0.03 | 0.04 | -4.24 | -2.72 | -6.76 | -2.19 | -31.61 | 11.22 | 0 |
| Cash from Investing Activity | 0.53 | -0.16 | 0.04 | -0.11 | 0.01 | 0 | -2.63 | 0.96 | -1.85 | 0 |
| Cash from Financing Activity | -0.1 | 0 | 0 | 4.11 | 2.76 | 6.68 | 4.93 | 30.87 | -9.63 | 0 |
| Net Cash Flow | 0.34 | -0.19 | 0.07 | -0.24 | 0.06 | -0.09 | 0.11 | 0.22 | -0.26 | 0 |
| Free Cash Flow | -0.09 | -0.03 | 0.04 | -4.24 | -2.72 | -6.76 | -2.19 | -31.63 | 10.99 | 0 |
| CFO/OP | -175 | -200 | 250 | -42400 | -680 | -952 | 2738 | -1827 | 905 | 0 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 0.48 | 0.24 | 0.24 | 0 | 0.72 | 1.19 | -3.47 | 1.81 | 1.91 | 1.46 |

## 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 | 8.65% | 8.65% | 8.65% | 8.65% | 8.65% | 8.65% | 8.65% | 8.65% | 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 | 40.83% | 40.16% | 40.16% | 40.7% | 41% | 47.44% | 49.82% | 52.09% | 60.38% | 61.24% | 28% | 29.74% |
| Others | 50.52% | 51.19% | 51.19% | 50.65% | 50.35% | 43.91% | 41.53% | 39.26% | 39.62% | 38.76% | 72% | 70.26% |
| No. of Shareholders | 909 | 980 | 1208 | 1257 | 1425 | 1577 | 1620 | 1674 | 1690 | 1757 | 1816 | 1823 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 8.2 | Buy |
| EMA (10) | 8.33 | Buy |
| SMA (20) | 8.04 | Buy |
| EMA (20) | 8.16 | Buy |
| SMA (50) | 7.99 | Buy |
| EMA (50) | 8.15 | Buy |
| SMA (100) | 8.51 | Buy |
| EMA (100) | 8.39 | Buy |
| SMA (200) | 8.89 | Sell |
| EMA (200) | 8.94 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 62.65 | Neutral |
| MACD (12,26,9) | 0.16 | Buy |
| Stochastic (14,3,3) | 50.63 | Neutral |
| ADX (14) | 41.1 | Buy |
| Williams %R (14) | -42.86 | Neutral |
| ATR (14) | 0.72 | High Volatility |
| ROC (12) | 8.59 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 45.47 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5be2e99-82cb-40a9-a7f8-496e6b2bccc3.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5bf8cd9c-f830-461c-a14c-abc463430d83.pdf) |
| 2026-09-05 | [INTIMATION REGARDING BOOK CLOSURE E-VOTING AND DATE OF ANNUAL GENERAL MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18c4b141-4ef5-4b79-80ad-d301597573dc.pdf) |
| 2026-09-02 | [Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. 2Nd September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90a281d9-8761-42f3-a4e5-64bd739766cf.pdf) |
| 2026-09-02 | [Appointment of Company Secretary and Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b70265bb-520f-441c-b47a-65f854904c12.pdf) |
| 2026-09-02 | [Appointment Of An Internal Auditor](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7941a50b-52f5-4d27-9b2c-8e22815d19ea.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20ab9f1e-456c-45be-9508-1ea9de5e95d8.pdf) |
| 2026-08-27 | [Board Meeting Intimation for The Meeting Of The Board Of Directors Of The Company Is Scheduled On 02/09/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e92a34f-075b-4314-af34-1d8d80e39035.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b7b8616-d02c-4e5e-b3c6-99c18b012e46.pdf) |
| 2026-08-08 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING DATED 8Th AUGUST 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a72f2c85-1b0a-4e6c-b56b-7bd9b60e2621.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-08 | [Unaudited Standalone And Consolidated Financial Results Along With Limited Review Report By Statutory Auditors Of The Company For The Quarter Ended On 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d64a09d8-2e4a-43f5-82da-649a63ab6c0e.pdf) |
| 2026-05-21 | [RESULTS FOR THE QUARTER AND FINANCIAL YEAR ENDED 31ST MARCH 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f16ee82-4f22-433b-af48-f6faebd8d222.pdf) |
| 2026-02-14 | [Results For The Quarter And Nine Months Ended On 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=230765e0-6f39-4675-87ca-8d85d4192d48.pdf) |
| 2025-11-14 | [Results For The Quarter And Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1028ddd-f0f5-4310-8dc2-670fa2df9524.pdf) |
| 2025-08-12 | [UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e89a71b-ee06-4d66-8674-8ca8e95ea58d.pdf) |
| 2025-05-29 | [RESULTS FOR THE QUARTER AND FINANCIAL YEAR ENDED 31ST MARCH 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3106a18-4a0a-400b-8043-5d16da982fb0.pdf) |
| 2025-02-12 | [UNAUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) FOR THE QUARTER ENDED 31ST DECEMBER 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3ab1438-c3d9-4f7a-92ea-92a23b90a6ba.pdf) |
| 2024-11-11 | [Unaudited Stand-Alone And Consolidated Financial Results For The Quarter And Half Year Ended 30Th September 2024 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f156f145-6c2d-49ae-a608-63428e66ce82.pdf) |
| 2024-09-10 | [Corrected Standalone Cash Flow Statement For The Quarter Ended On 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=040fdf97-c308-439b-b4d0-df3ff3dfc55a.pdf) |
| 2024-08-10 | [UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED ON 30TH JUNE 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12cbd03e-1fb1-4978-ab4e-fded00fa4e87.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Board to meet on 14 May 2026 to approve FY26 results and consider preferential issuance. | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015 9h - Board to meet on 14 May 2026 to approve FY26 results and consider preferential issuance.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/55887e70-cc6f-453a-ac2b-c412087e3a16.pdf) |
| 9 Feb - Board meeting on 14 Feb 2026 to approve Q3 FY2026 unaudited results; trading window closed until 16 Feb. | [Board Meeting Intimation for Considering The Un-Audited Financial Results For The Quarter Ended On 31St December, 2025 9 Feb - Board meeting on 14 Feb 2026 to approve Q3 FY2026 unaudited results; trading window closed until 16 Feb.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6933deb5-9874-416d-aed3-fa946d709e13.pdf) |
| 7m - Allotment of 17,666,663 shares @Rs12 via preferential issue; Rs8.43Cr cash and Rs12.77Cr loan conversion. | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 02Nd March, 2026 7m - Allotment of 17,666,663 shares @Rs12 via preferential issue; Rs8.43Cr cash and Rs12.77Cr loan conversion.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/564d6360-ecf9-42af-9341-db076ebf92e5.pdf) |
| 6 Jan - Pl. find certificate under Reg 74(5) of SEBI (DP) Regulations 2018 for the quarter ended December 31, 2025 received from MCS Share Transfer Agent Ltd | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Jan - Pl. find certificate under Reg 74(5) of SEBI (DP) Regulations 2018 for the quarter ended December 31, 2025 received from MCS Share Transfer Agent Ltd](https://www.bseindia.com/xml-data/corpfiling/AttachHis/888daf6e-7298-48a0-a828-9490ffe98829.pdf) |
| 30 Mar - Vani Commercials: trading window closed from 1 April 2026 until 48 hours after audited FY2025-26 results. | [Closure of Trading Window 30 Mar - Vani Commercials: trading window closed from 1 April 2026 until 48 hours after audited FY2025-26 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4dc4aff9-c7b0-4232-b21f-4cb0f1b35bc2.pdf) |
| 3 Feb - Board meeting on Feb 12, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025. | [Board Meeting Intimation for Un Audited Financial Results For The Quarter And Nine Months Ended December 31, 2025 3 Feb - Board meeting on Feb 12, 2026 to approve unaudited Q3 and nine-month results ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50bca39e-a561-4b57-85d2-32b26157f4f2.pdf) |
| 24 Feb - Ms. Nikita Pal appointed Company Secretary & Compliance Officer of Vani Commercials, effective 24 February 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 24 Feb - Ms. Nikita Pal appointed Company Secretary & Compliance Officer of Vani Commercials, effective 24 February 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b4b217b3-30b3-4d6e-96d1-14ddb1ea8561.pdf) |
| 24 Feb - Ms. Nikita Pal appointed Company Secretary & Compliance Officer effective 24 Feb 2026 (M.No. A76450). | [Appointment of Company Secretary and Compliance Officer 24 Feb - Ms. Nikita Pal appointed Company Secretary & Compliance Officer effective 24 Feb 2026 (M.No. A76450).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2aeb232-f731-486c-bc6b-6c0fa8217a7f.pdf) |
| 24 Feb - Appointed Ms. Nikita Pal as Company Secretary & Compliance Officer effective 24 Feb 2026. | [Board Meeting Outcome for Outcome Of Board Meeting For The Appointment Of Company Secretary And Compliance Officer 24 Feb - Appointed Ms. Nikita Pal as Company Secretary & Compliance Officer effective 24 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa8c67e7-a7ea-4397-a318-f9c3819b62b9.pdf) |
| 24 Apr - BSE approved listing of 17,666,663 equity shares of Rs.10 each at Rs.2 premium on 24 April 2026. | [Receipt Of Listing Approval 24 Apr - BSE approved listing of 17,666,663 equity shares of Rs.10 each at Rs.2 premium on 24 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d9b8d045-7b63-49b8-a1c9-2271b71fde7c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c03436d-23db-4174-8df9-d445c74b512a.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e47e4e1-d14b-4010-b5a1-5aa3aa8d2dfb.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6770e39f-ba67-4f86-a242-1f844d94e85e.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f76e51a-b75f-4eb4-af6a-73052e256997.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0eb0a5e7-5a7c-4bd8-adad-3dc4f5b267f2.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/37645d5c-0fe8-4db2-a2a5-da2639df1726.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/520059/74688520059.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538918/73202538918.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/520059/69696520059.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/538918/69752538918.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 2026-09-13T18:27:49.893Z.