---
title: "Karnavati Finance Ltd (538928) — Share Price, Financials & Analysis"
symbol: "538928"
company: "Karnavati Finance Ltd"
canonical: "https://tapetide.com/stocks/538928"
isin: "INE554R01020"
nse_symbol: "KARNAVATIFINANCELTD"
bse_code: "538928"
sector: "Financial Services"
industry: "NBFC"
market_cap_cr: 13.6
generated_at: "2026-09-13T18:59:39.716Z"
---

# Karnavati Finance Ltd (538928)

Canonical page: https://tapetide.com/stocks/538928

## Company

- **NSE Symbol:** KARNAVATIFINANCELTD
- **BSE Code:** 538928
- **ISIN:** INE554R01020
- **Sector:** Financial Services
- **Industry:** NBFC
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-02-05
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** karnavatifinancelimited.in

## About

Incorporated in 1984, Karnavati Finance Ltd provides finance of personal loan, business 
loan, auto loan, education loan and mortgage loans[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:46:23.539001Z.

- **Market Cap:** ₹13.6 Cr
- **Classification:** Microcap
- **P/E (reported):** 19.3
- **EPS (TTM):** ₹0.07
- **EPS (reported):** ₹0
- **Book Value:** ₹0.43
- **Price to Book:** 3.13
- **Dividend Yield:** 0%
- **ROE:** -16.43%
- **ROCE:** -2.47%
- **Debt to Equity:** 1.2
- **Revenue (yearly):** ₹5.31 Cr
- **Net Income:** ₹-5.9 Cr
- **EBITDA:** ₹-1.87 Cr
- **52-Week High:** ₹2.04
- **52-Week Low:** ₹1.08
- **RSI (14):** 49.13

## Tapetide Score

- **Score:** 42 / 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:** 19.7 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 34.27 | 9% |
| growth | 98.9 | 9% |
| momentum | 70.04 | 12% |
| ownership | 50 | 24% |
| quality | 13.11 | 22% |
| valuation | 29.77 | 24% |

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

## Key Insights

### Weaknesses

- Stock is trading at 3.13 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -29.8% over last 3 years.
- Earnings include an other income of Rs.5.83 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 296.42% | 158.05% | -4.03% |
| ebitda margin growth | 285.37% | 5.23% | — | -297.53% |
| net income growth | 208.62% | 247.06% | 247.06% | — |
| revenue growth | 196.15% | 231.87% | 23% | 34% |
| roce | — | — | -159.95% | 1.24% |
| roe | — | 17.27% | -8.77% | — |

## 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 | 1.19 | 0.39 | 0.89 | 0.63 | 0.28 | 0.41 | 0.26 | 0.22 | 0.59 | 2.28 | 2.6 | 1.86 |
| Expenses | 0.08 | 1.78 | 0.58 | 0.12 | 0.9 | 0.2 | 0.88 | 0.34 | 0.44 | 0.05 | 6.74 | 0.07 |
| Financing Profit | 0.67 | -1.8 | -0.09 | 0.17 | -0.9 | -0.06 | -0.88 | -0.37 | -0.43 | 0.7 | -5.65 | 0.42 |
| Financing Margin % | 56.3 | -461.54 | -10.11 | 26.98 | -321.43 | -14.63 | -338.46 | -168.18 | -72.88 | 30.7 | -217.31 | 22.58 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.83 |
| Interest | 0.44 | 0.41 | 0.4 | 0.34 | 0.28 | 0.27 | 0.26 | 0.25 | 0.58 | 1.53 | 1.51 | 1.37 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.67 | -1.8 | -0.09 | 0.17 | -0.9 | -0.06 | -0.88 | -0.37 | -0.43 | 0.7 | -5.65 | 6.25 |
| Tax % | 11.94 | -4.44 | 100 | 23.53 | -4.44 | 0 | 0 | 0 | 0 | 0 | 2.48 | 0 |
| Net Profit | 0.59 | -1.72 | -0.18 | 0.12 | -0.86 | -0.06 | -0.88 | -0.37 | -0.43 | 0.7 | -5.79 | 6.25 |
| EPS in Rs | 0.06 | -0.17 | -0.02 | 0.01 | -0.09 | -0.01 | -0.09 | -0.04 | -0.04 | 0.07 | -0.58 | 0.62 |

### 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 | 2.02 | 3.24 | 2.76 | 1.22 | 2.4 | 2.85 | 3.04 | 1.57 | 5.31 | 7.33 |
| Expenses | 0.56 | 0.66 | 2.35 | 0.95 | 2.04 | 1.76 | 3.02 | 2.08 | 7.18 | 7.3 |
| Financing Profit | 0.78 | 1 | 0.15 | 0.22 | 0.33 | 0.75 | -1.57 | -1.68 | -5.74 | -4.96 |
| Financing Margin % | 38.61 | 30.86 | 5.43 | 18.03 | 13.75 | 26.32 | -51.64 | -107.01 | -108.1 | -67.67 |
| Other Income | 0.07 | 0 | 0 | 0 | 0.08 | 0 | 0 | 0 | 0 | 5.83 |
| Interest | 0.68 | 1.58 | 0.26 | 0.05 | 0.03 | 0.34 | 1.59 | 1.17 | 3.87 | 4.99 |
| Depreciation | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.83 | 0.99 | 0.14 | 0.21 | 0.4 | 0.74 | -1.57 | -1.68 | -5.74 | 0.87 |
| Tax % | 25.3 | 27.27 | 21.43 | 42.86 | 25 | 25.68 | 5.73 | 0 | 2.61 | — |
| Net Profit | 0.62 | 0.72 | 0.11 | 0.12 | 0.3 | 0.56 | -1.67 | -1.68 | -5.9 | 0.73 |
| EPS in Rs | 0.06 | 0.07 | 0.01 | 0.01 | 0.03 | 0.06 | -0.17 | -0.17 | -0.59 | 0.07 |
| 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 | 8.36 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 |
| Reserves | 0.07 | 1.71 | 2.43 | 2.54 | 2.66 | 2.96 | 3.53 | 1.86 | 0.18 | -5.72 |
| Borrowing | 0 | 14.52 | 16.03 | 11.3 | 5.44 | 1.21 | 12.72 | 15.55 | 11.09 | 59.9 |
| Other Liabilities | 0.42 | 0.67 | 0.81 | 0.53 | 0.77 | 0.25 | 1.05 | 1.27 | 0.29 | 1.03 |
| Total Liabilities | 8.85 | 26.95 | 29.32 | 24.42 | 18.92 | 14.47 | 27.35 | 28.73 | 21.61 | 65.26 |
| Fixed Assets | 0.08 | 0.06 | 0.05 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8.77 | 26.89 | 29.27 | 24.38 | 18.89 | 14.45 | 27.34 | 28.72 | 21.6 | 65.26 |
| Total Assets | 8.85 | 26.95 | 29.32 | 24.42 | 18.92 | 14.47 | 27.35 | 28.73 | 21.61 | 65.26 |

### 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 | 0.35 | -16.56 | 0.08 | 4.86 | 5.71 | 4.25 | -9.44 | -2.79 | 5.48 | -44.84 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | -0.03 | 16.55 | -0.08 | -5 | -5.91 | -4.25 | 11.03 | 1.25 | -5.6 | 44.93 |
| Net Cash Flow | 0.32 | -0.01 | 0.01 | -0.14 | -0.2 | 0 | 1.58 | -1.55 | -0.12 | 0.09 |
| Free Cash Flow | 0.35 | -16.56 | 0.08 | 4.86 | 5.71 | 4.25 | -9.44 | -2.79 | 5.48 | -44.84 |
| CFO/OP | 65 | -1121 | 12 | 1207 | 2133 | 1181 | -857 | -13100 | -1075 | 2390 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 9.31 | 6.14 | 5.94 | 0.88 | 0.95 | 2.33 | 4.21 | -13.1 | -15.18 | -81.04 |

## 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 | 58.64% | 58.64% | 58.64% | 58.64% | 58.64% | 58.64% | 58.64% | 58.64% | 58.64% | 0% | 62.06% | 62.06% |
| 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 | 26.8% | 27.14% | 27.2% | 27.2% | 27.11% | 27.07% | 27.13% | 27.16% | 28.21% | 85.31% | 29.71% | 29.8% |
| Others | 14.56% | 14.22% | 14.17% | 14.16% | 14.25% | 14.29% | 14.24% | 14.2% | 13.15% | 14.69% | 8.23% | 8.14% |
| No. of Shareholders | 6049 | 6703 | 7462 | 7945 | 8894 | 9365 | 9452 | 9309 | 9844 | 10243 | 9800 | 9701 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.35 | Sell |
| EMA (10) | 1.35 | Sell |
| SMA (20) | 1.37 | Sell |
| EMA (20) | 1.35 | Sell |
| SMA (50) | 1.36 | Sell |
| EMA (50) | 1.36 | Sell |
| SMA (100) | 1.37 | Sell |
| EMA (100) | 1.37 | Sell |
| SMA (200) | 1.38 | Sell |
| EMA (200) | 1.44 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 49.13 | Neutral |
| MACD (12,26,9) | -0.01 | Sell |
| Stochastic (14,3,3) | 48.29 | Neutral |
| ADX (14) | 18.1 | Neutral |
| Williams %R (14) | -47.62 | Neutral |
| ATR (14) | 0.13 | High Volatility |
| ROC (12) | -0.74 | Sell |
| Stoch RSI (14) | 65.43 | Neutral |
| UO (7,14,28) | 54.74 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24f8d836-8c71-43a9-b584-5e12eb34a59c.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Submission Of Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=805ffd8d-2dac-4256-ada7-675c645ae2ff.pdf) |
| 2026-09-07 | [Notice Of 42Nd Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e2c7e47-818d-4e47-a897-a4df11eaa731.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37fa07bd-b3f5-46fa-91cb-d79b776e3191.pdf) |
| 2026-08-08 | [Board Meeting Intimation for Consideration Of Unaudited Financial Results For The Quarter Ended On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9302f2d-046b-4804-9385-ad433a367880.pdf) |
| 2026-07-11 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6096803d-4cf0-4709-b70f-4caa5b3e6081.pdf) |
| 2026-06-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36bab241-1ef7-4c02-ba81-5361fb98b9df.pdf) |
| 2026-05-30 | [Compliances-Reg.24(A)-Annual Secretarial Compliance](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c0097e9-9aa3-4766-afc0-62dad22c9cd7.pdf) |
| 2026-05-29 | [Board Meeting Outcome for For Approval Of Audited Financial Results For The Quarter And Year Ended On March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19271c0c-ad42-4c1f-867e-cb818cc3a523.pdf) |
| 2026-05-29 | [Disclosure under Regulation 30A of LODR](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a3ddd71-dc60-4809-bab5-996e22b69289.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Financial Results For The Quarter Ended On June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66337b57-f60e-4555-a5b8-b3023599c229.pdf) |
| 2026-05-29 | [Audited Financial Results For The Quarter And Year Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8d1bfe4-2e30-4153-88d8-8e16b821b135.pdf) |
| 2026-02-13 | [Results-Unaudited Financial Results For The Quarter Ended On December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7ea27ec-c82b-4bfd-a5af-9bb6d12d969b.pdf) |
| 2025-11-14 | [Financial Results For The Quarter And Half Year Ended On September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b0a1dec-26f1-44fb-a94f-2aadd9fd68ef.pdf) |
| 2025-08-13 | [Unaudited Financial Results For The Quarter Ended On June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=28edb25e-7f6f-4e98-a4f4-78e839a7fccf.pdf) |
| 2025-05-29 | [Financial Results For The Quarter And Year Ended On March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69146966-bf58-4c3e-838b-faec53402258.pdf) |
| 2025-02-13 | [Submission Of Un-Audited Financial Results For The Quarter And Nine Months Ended On December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=62db88cd-a37d-41b4-bba3-2caa356db9ab.pdf) |
| 2024-11-13 | [Results - Unaudited Financial Results For The Quarter And Half Year Ended On September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5846b639-ca49-4ef8-b43a-d4ec9b120fd3.pdf) |
| 2024-08-13 | [Unaudited Financial Results For The Quarter Ended On June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff23f005-2b89-4a96-8a8d-7cc3f3c1c1d3.pdf) |
| 2024-05-28 | [Audited Financial Results For The Quarter And Year Ended On March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6233f931-482b-4dcb-9063-657095ef176c.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Feb - Board meeting on Feb 13, 2026 to approve unaudited results for quarter ended Dec 31, 2025. | [Board Meeting Intimation for Consideration Of Unaudited Financial Results For The Quarter Ended On December 31, 2025 7 Feb - Board meeting on Feb 13, 2026 to approve unaudited results for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fad81d81-d188-447b-a66a-b84c34483001.pdf) |
| 31 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for year ended Mar 31, 2026. | [Closure of Trading Window 31 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited results for year ended Mar 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44c9d325-e2cb-4fa3-a72e-74a100ac706f.pdf) |
| 30 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no physical demat certificates received. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 30 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no physical demat certificates received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/752434bb-3fd0-4c4e-bef9-e9280926be65.pdf) |
| 30 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no physical demat certificates received. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 30 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026; no physical demat certificates received.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/752434bb-3fd0-4c4e-bef9-e9280926be65.pdf) |
| 30 Apr - Karnavati Finance says it is not a large corporate; qualified borrowings and debt issuances were zero, net worth Rs 10.14 crore. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Karnavati Finance says it is not a large corporate; qualified borrowings and debt issuances were zero, net worth Rs 10.14 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75eded96-2589-480a-868d-e739ea261ba8.pdf) |
| 30 Apr - Karnavati Finance says it is not a large corporate; qualified borrowings and debt issuances were zero, net worth Rs 10.14 crore. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Karnavati Finance says it is not a large corporate; qualified borrowings and debt issuances were zero, net worth Rs 10.14 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/75eded96-2589-480a-868d-e739ea261ba8.pdf) |
| 14 Feb - Newspaper Advertisement of unaudited financial results for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Newspaper Advertisement of unaudited financial results for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/672147a5-ec8e-485a-b340-7d6c6a673b18.pdf) |
| 13 Feb - Filed unaudited financial results for quarter ended Dec 31, 2025; limited review report attached. | [Board Meeting Outcome for Approval Of Unaudited Financial Results For The Quarter Ended On December 31, 2025 13 Feb - Filed unaudited financial results for quarter ended Dec 31, 2025; limited review report attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/621fcc64-30e0-482a-b69c-6c3433769c08.pdf) |
| 13 Feb - Analyst call audio uploaded for quarter ended Dec 31, 2025; uploaded Feb 12, 2026 on company website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 13 Feb - Analyst call audio uploaded for quarter ended Dec 31, 2025; uploaded Feb 12, 2026 on company website.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2958aa1d-f438-4cea-b58c-14c667d9b58a.pdf) |
| 12 Feb - Unaudited Q3/9M FY26 results: consolidated AUM ₹1,64,720cr; consolidated PAT ₹7,209cr; standalone PAT ₹7,048cr. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 12 Feb - Unaudited Q3/9M FY26 results: consolidated AUM ₹1,64,720cr; consolidated PAT ₹7,209cr; standalone PAT ₹7,048cr.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7e0477ce-43f6-411b-b228-81c7d48c048b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2018 | [Concall - Sep 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/9/78c1a204-87fc-4c1a-9ed2-5a3a58b39028.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e2bd480e-07d0-49d9-8948-660a89efcc48.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/88aa3134-74ef-44b8-a141-bc96d7b2fe3b.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d4eccb2-1dfc-4c99-be8d-0574843f8b67.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a6a6508-d206-4369-9200-0261fb22028b.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9e5ed1e4-e62d-497d-af7b-32e714c81dba.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3c500e0-1572-4a17-a695-9d88b0490167.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/199bd5b7-2050-4628-b156-4f1ced5f804d.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ebd88182-b14a-4be2-b76a-24756a6b75d2.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34356fce-8bf8-4cd5-91d3-07d4954dcfe0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_2227_MUTHOOTFIN_2012_2013_07102013144613.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/afd6db7d-eb64-40d1-aa9a-e1d1c09fb8f2.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8feaa5e0-7b46-4852-a060-1cf34b7c2316.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9c73d856-eee1-40c1-9d90-91847ec4501a.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/48ca5330-67f3-468c-9458-efcaec51d969.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5358e42-02c1-4b78-922d-9570790333ba.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/432ad73d-64d0-4e5a-b9b9-8b8f6962b345.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533398/74188533398.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/538928/77207538928.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533398/70015533398.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 2026-09-13T18:59:39.716Z.