---
title: "V B Industries Ltd (539123) — Share Price, Financials & Analysis"
symbol: "539123"
company: "V B Industries Ltd"
canonical: "https://tapetide.com/stocks/539123"
isin: "INE334E01017"
nse_symbol: "VBINDLTD"
bse_code: "539123"
sector: "Financial Services"
industry: "Investment Company"
market_cap_cr: 11.32
generated_at: "2026-09-13T18:22:58.196Z"
---

# V B Industries Ltd (539123)

Canonical page: https://tapetide.com/stocks/539123

## Company

- **NSE Symbol:** VBINDLTD
- **BSE Code:** 539123
- **ISIN:** INE334E01017
- **Sector:** Financial Services
- **Industry:** Investment Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-05-05
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vbindustriesltd.in

## About

Incorporated in 1982, V B Industries Ltd is in the business of Finance & Investments.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:37:14.835813Z.

- **Market Cap:** ₹11.32 Cr
- **Classification:** Microcap
- **P/E (reported):** 63.9
- **EPS (TTM):** ₹0.12
- **EPS (reported):** ₹0.06
- **Book Value:** ₹72.63
- **Price to Book:** 0.11
- **Dividend Yield:** 0%
- **ROE:** -0.1%
- **ROCE:** 0.29%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹6.5 Cr
- **Net Income:** ₹0.14 Cr
- **EBITDA:** ₹-1.84 Cr
- **52-Week High:** ₹10.4
- **52-Week Low:** ₹4.88
- **RSI (14):** 52.23

## Tapetide Score

- **Score:** 62 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Rising
- **Percentile:** 92.5 (of 4473 scored stocks)
- **Confidence:** 97%
- **Data coverage:** 94%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 73.34 | 9% |
| growth | 98.9 | 9% |
| momentum | 84.06 | 12% |
| ownership | 50 | 24% |
| quality | 53.38 | 22% |
| valuation | 50.41 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.11 times its book value

### Weaknesses

- Company has a low return on equity of 0.05% over last 3 years.
- Company has high debtors of 534 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 109.84% | -90% | -86.05% |
| ebitda margin growth | 141.67% | -334.71% | -929.62% | — |
| net income growth | 133.33% | -240% | 8% | 20% |
| revenue growth | -91.3% | 116.67% | 59% | 43% |
| roce | — | 163.64% | 81.25% | 0.06% |
| roe | — | -211.11% | 0.04% | -69.7% |

## 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 | 0 | 1.72 | 0 | 0 | 0.45 | 0.43 | 0 | 0 | 0 | 6.5 | 0 |
| Expenses | 0.06 | 0.06 | 3.79 | 0.14 | 0.06 | 1.25 | 1.23 | 0.09 | 0.05 | 0.05 | 8.15 | 0.09 |
| Operating Profit | -0.06 | -0.06 | -2.07 | -0.14 | -0.06 | -0.8 | -0.8 | -0.09 | -0.05 | -0.05 | -1.65 | -0.09 |
| OPM % | — | — | -120.35 | — | — | -177.78 | -186.05 | — | — | — | -25.38 | — |
| Other Income | 0.45 | 0.45 | 1.07 | 0.54 | 0.54 | 0.55 | 0.18 | 0.52 | 0.53 | 0.53 | 0.45 | 0.56 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.39 | 0.39 | -1 | 0.4 | 0.48 | -0.25 | -0.62 | 0.43 | 0.48 | 0.48 | -1.2 | 0.47 |
| Tax % | 23.08 | 30.77 | -25 | 22.5 | 8.33 | -16 | -3.23 | 25.58 | 25 | 25 | -24.17 | 25.53 |
| Net Profit | 0.3 | 0.27 | -0.75 | 0.31 | 0.44 | -0.21 | -0.61 | 0.32 | 0.36 | 0.36 | -0.9 | 0.35 |
| EPS in Rs | 0.23 | 0.21 | -0.57 | 0.24 | 0.34 | -0.16 | -0.47 | 0.24 | 0.27 | 0.27 | -0.69 | 0.27 |

### 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 | 5.29 | 0 | 9.73 | 1.44 | 2.37 | 2.14 | 4.12 | 2.88 | 8.53 | 6.5 |
| Expenses | 5.6 | 0.48 | 16.05 | 3.15 | 3.66 | 1.99 | 4.01 | 2.69 | 8.33 | 8.34 |
| Operating Profit | -0.31 | -0.48 | -6.32 | -1.71 | -1.29 | 0.15 | 0.11 | 0.19 | 0.2 | -1.84 |
| OPM % | -5.86 | — | -64.95 | -118.75 | -54.43 | 7.01 | 2.67 | 6.6 | 2.34 | -28.31 |
| Other Income | 0.45 | 0.59 | 1.73 | 1.4 | 1.33 | 0 | 0 | 0.08 | 0 | 2.07 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.13 | 0.1 | -4.6 | -0.32 | 0.04 | 0.15 | 0.11 | 0.27 | 0.2 | 0.23 |
| Tax % | 30.77 | 30 | 0 | 0 | 25 | 20 | 27.27 | 137.04 | 30 | — |
| Net Profit | 0.09 | 0.07 | -4.6 | -0.32 | 0.04 | 0.11 | 0.08 | -0.09 | 0.14 | 0.17 |
| EPS in Rs | 0.07 | 0.05 | -3.51 | -0.24 | 0.03 | 0.08 | 0.06 | -0.07 | 0.11 | 0.12 |
| 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 | 13.11 | 13.11 | 13.11 | 13.11 | 13.11 | 13.11 | 13.11 | 13.11 | 13.11 | 13.11 |
| Reserves | 86.57 | 86.66 | 86.74 | 82.14 | 81.83 | 81.86 | 81.98 | 82.06 | 81.96 | 82.1 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 63.64 | 60.77 | 5.79 | 3.4 | 3.51 | 6.15 | 7.69 | 6.78 | 6.71 | 11.78 |
| Total Liabilities | 163.32 | 160.54 | 105.64 | 98.65 | 98.45 | 101.12 | 102.78 | 101.95 | 101.78 | 106.99 |
| Fixed Assets | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 163.31 | 160.53 | 105.63 | 98.65 | 98.45 | 101.12 | 102.78 | 101.95 | 101.78 | 106.99 |
| Total Assets | 163.32 | 160.54 | 105.64 | 98.65 | 98.45 | 101.12 | 102.78 | 101.95 | 101.78 | 106.99 |

### 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 | 0.73 | 0.3 | 0.75 | 1.32 | 0.43 | -0.41 | 0.6 | -0.61 | 0.06 | 2.09 |
| Cash from Investing Activity | 0 | 0 | -0.59 | -1.73 | 0 | 0 | 0 | 0 | 0.04 | -2 |
| Cash from Financing Activity | -0.44 | -0.45 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0.29 | -0.15 | 0.16 | -0.41 | 0.43 | -0.41 | 0.6 | -0.61 | 0.09 | 0.09 |
| Free Cash Flow | 0.73 | 0.3 | 0.75 | 1.32 | 0.43 | -0.41 | 0.6 | -0.61 | 0.06 | 2.09 |
| CFO/OP | 691 | -110 | -162 | -21 | -25 | 32 | 407 | -527 | 226 | 1075 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 266.35 | 5996.63 | — | 902.18 | 6096.01 | 3717.76 | 4175.33 | 2165.19 | 2775.52 | 534.02 |
| Inventory Days | 2.72 | 99.36 | — | — | — | 234.47 | 418.99 | 196.69 | 382.72 | 104.56 |
| Days Payable | 186.25 | 4137.13 | — | — | — | 502.78 | 1289.38 | 578.93 | 988.69 | 403.73 |
| Cash Conversion Cycle | 82.82 | 1958.86 | — | 902.18 | 6096.01 | 3449.45 | 3304.94 | 1782.96 | 2169.55 | 234.86 |
| Working Capital Days | 299.32 | 6863.24 | — | 3571.97 | 23945.52 | 14618.48 | 16073.64 | 8410.06 | 12013.32 | 4059.07 |
| ROCE % | 0.54 | 0.13 | 0.1 | -4.72 | -0.34 | 0.04 | 0.16 | 0.12 | 0.28 | 0.21 |

## 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 | 70.11% | 70.14% | 69.7% | 69.7% | 69.73% | 69.78% | 67.51% | 66.81% | 65.89% | 65.59% | 65.46% | 65.47% |
| Others | 29.89% | 29.86% | 30.3% | 30.3% | 30.27% | 30.22% | 32.49% | 33.19% | 34.11% | 34.41% | 34.54% | 34.53% |
| No. of Shareholders | 4276 | 4281 | 4313 | 4419 | 4613 | 5303 | 5597 | 5607 | 5660 | 5756 | 5755 | 5716 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 5 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 8.29 | Sell |
| EMA (10) | 8.29 | Sell |
| SMA (20) | 8.35 | Sell |
| EMA (20) | 8.34 | Sell |
| SMA (50) | 8.46 | Sell |
| EMA (50) | 8.22 | Sell |
| SMA (100) | 7.78 | Buy |
| EMA (100) | 7.89 | Buy |
| SMA (200) | 7.21 | Buy |
| EMA (200) | 7.84 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.36 | Neutral |
| MACD (12,26,9) | -0.04 | Sell |
| Stochastic (14,3,3) | 26.46 | Neutral |
| ADX (14) | 9.88 | Neutral |
| Williams %R (14) | -79.39 | Neutral |
| ATR (14) | 0.56 | High Volatility |
| ROC (12) | -5.66 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 29.88 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de1f86d5-dd16-4982-996a-e38d2b402a33.pdf) |
| 2026-09-01 | [Corporate Action - Fixes Book Closure For AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d782264-011c-44ba-8df2-007e0f6d1d2d.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9d87d2ee-5794-4bce-a9af-891f201ddc9f.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Outcome Of Board Meeting (AGM Related Agenda)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e36295d-fa90-4cfa-b0cf-a9053a084319.pdf) |
| 2026-08-27 | [Board Meeting Intimation for Approval Of AGM Related Agenda](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=449127e1-d846-497f-a0cc-bc32351d4961.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=802e1b75-4e60-4545-82c9-e392f0616a09.pdf) |
| 2026-07-20 | [Board Meeting Intimation for Approval Of Unaudited Financial Results For QE June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd0c9b9a-a1d8-44c8-b6fe-f5ef68186c86.pdf) |
| 2026-07-06 | [Compliance-57 (5) : intimation after the end of quarter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43cb234c-fcd7-4734-9a95-a2201942ec53.pdf) |
| 2026-07-06 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a53dce4-24cc-49e2-b591-fc6ec65288aa.pdf) |
| 2026-06-26 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f118842f-64c4-4933-a6db-eccd6202673a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Results -Unaudited Financial Results For QE June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55936154-82ff-4818-8ccb-aa529f5f428b.pdf) |
| 2026-05-28 | [Results - Audited Financial Results For March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ae4a45e2-6ef3-4c71-9b4a-2e547240cd65.pdf) |
| 2026-02-11 | [Results - Unaudited Financial Results For QE Dec 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2e0b69ed-7927-4dbc-a989-cb9df334e850.pdf) |
| 2025-11-12 | [Results - Unaudited Financial Results For QE Sept 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bdf555ed-0412-480e-ab59-86150bd4c8d8.pdf) |
| 2025-08-12 | [Results - Unaudited Financial Results For QE June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92cc2ed3-d3e0-4e6e-8326-68473c8e0bb0.pdf) |
| 2025-05-28 | [Results - Audited Financial Results For March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6f515f3-25b3-41d5-a853-a6206b7901b8.pdf) |
| 2025-02-12 | [Results - Unaudited Financial Results For QE Dec 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b0077eb-44ce-40d2-b19c-e6724cdc8fed.pdf) |
| 2024-11-11 | [Results - Unaudited Financial Results For QE Sept 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44c15c3d-fd17-497c-be74-06332c7c66c5.pdf) |
| 2024-08-13 | [Results - Unaudited Financial Results For QE June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d13e3f7-a356-4eb5-8729-85504cb0cb90.pdf) |
| 2024-05-28 | [Results - Audited Financial Results For QE/YE March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e3fe724-7878-4fe7-9602-40f4dea80a90.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Board meeting on Feb 11, 2026 to approve Q3 FY26 un-audited results (quarter ended Dec 31, 2025). | [Board Meeting Intimation for Approval Of Unaudited Financial Results For QE Dec 31, 2025 9 Jan - Board meeting on Feb 11, 2026 to approve Q3 FY26 un-audited results (quarter ended Dec 31, 2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/45bf3282-5eba-469d-a310-a689ed688b94.pdf) |
| 8 Apr - V.B. Industries reports Regulation 57(5) non-applicability for quarter ended March 31, 2026. | [Compliance-57 (5) : intimation after the end of quarter 8 Apr - V.B. Industries reports Regulation 57(5) non-applicability for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/213eae24-4386-4817-a47f-576bc9f198ff.pdf) |
| 8 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026; no dematerialisation activity reported. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026; no dematerialisation activity reported.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93f8289d-977a-4f09-9800-3146a4dac7fb.pdf) |
| 5 March 2026 - N.B. Industrial Finance: postal ballot notice (27 Jan 2026); Mohit Hangur appointment passed with 99.97% votes. | [Shareholders meeting 5 March 2026 - N.B. Industrial Finance: postal ballot notice (27 Jan 2026); Mohit Hangur appointment passed with 99.97% votes.](https://nsearchives.nseindia.com/corporate/NBIFIN_05032026162923_NBI_Scrutinizer_report.pdf) |
| 5 Jan - Regulation 57(5) non-applicable for quarter ended Dec 31, 2025; NIL report submitted. | [Compliance-57 (5) : intimation after the end of quarter 5 Jan - Regulation 57(5) non-applicable for quarter ended Dec 31, 2025; NIL report submitted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/665a01fe-37ff-427a-a83a-d56ca18450a7.pdf) |
| 5 Jan - Certificate under Reg 74(5) for quarter Oct–Dec 2025; no dematerialisations reported. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan - Certificate under Reg 74(5) for quarter Oct–Dec 2025; no dematerialisations reported.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b7b00fc-5d7f-40f2-97a0-b546363af3a5.pdf) |
| 4 February 2026 - Postal ballot advertisement published in Business Standard and Arthik Lipi on Feb 04, 2026 seeking shareholder approval. | [Copy of Newspaper Publication 4 February 2026 - Postal ballot advertisement published in Business Standard and Arthik Lipi on Feb 04, 2026 seeking shareholder approval.](https://nsearchives.nseindia.com/corporate/NBIFIN_04022026111524_NBI_postalballot_advt.pdf) |
| 28 January 2026 - Postal ballot to alter MOA, authorised capital ₹10.35Cr; appoint Hari Mohan and Prashant Bangur (effective 27 Jan 2026). | [Shareholders meeting 28 January 2026 - Postal ballot to alter MOA, authorised capital ₹10.35Cr; appoint Hari Mohan and Prashant Bangur (effective 27 Jan 2026).](https://nsearchives.nseindia.com/corporate/NBIFIN_28012026143358_NBI_postalballot.pdf) |
| 28 January 2026 - Newspaper publication of financial results published 28 January 2026 under Regulation 47. | [Copy of Newspaper Publication 28 January 2026 - Newspaper publication of financial results published 28 January 2026 under Regulation 47.](https://nsearchives.nseindia.com/corporate/NBIFIN_28012026131246_1__NBI_Dec25_Publication.pdf) |
| 27 Mar - CFO Jagannath Pandit resigned; Jagdish P. Purohit appointed CFO effective 27 March 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 27 Mar - CFO Jagannath Pandit resigned; Jagdish P. Purohit appointed CFO effective 27 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29f0d7d6-fca3-4c54-96ba-17818dcfed09.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/AR_27043_NBIFIN_2024_2025_A_21072025152534.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/AR_24525_NBIFIN_2023_2024_16072024175144.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/AR_22468_NBIFIN_2022_2023_21072023095520_07212023100002.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/AR_20302_NBIFIN_2021_2022_09072022153037_07092022160003.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/AR_18947_NBIFIN_2020_2021_27082021132828_08272021193604.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17197_NBIFIN_2019_2020_03092020160217_03092020170002.zip) |
| from nse | [Financial Year 2019 from nse](https://archives.nseindia.com/annual_reports/AR_15416_NBIFIN_2018_2019_28082019122204_28082019130003.zip) |
| from nse | [Financial Year 2018 from nse](https://archives.nseindia.com/annual_reports/AR_13462_NBIFIN_2017_2018_18092018172346.zip) |
| from nse | [Financial Year 2017 from nse](https://archives.nseindia.com/annual_reports/AR_11454_NBIFIN_2016_2017_19092017115558.zip) |
| from nse | [Financial Year 2016 from nse](https://archives.nseindia.com/annual_reports/AR_10685_NBIFIN_2015_2016_31012017143837.zip) |

---

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 2026-09-13T18:22:58.196Z.