---
title: "Hawa Engineers Ltd (539176) — Share Price, Financials & Analysis"
symbol: "539176"
company: "Hawa Engineers Ltd"
canonical: "https://tapetide.com/stocks/539176"
isin: "INE230I01018"
nse_symbol: "HAWAENGINEERSLTD"
bse_code: "539176"
sector: "Capital Goods"
industry: "Industrial Products"
market_cap_cr: 27.6
generated_at: "2026-09-13T18:51:51.032Z"
---

# Hawa Engineers Ltd (539176)

Canonical page: https://tapetide.com/stocks/539176

## Company

- **NSE Symbol:** HAWAENGINEERSLTD
- **BSE Code:** 539176
- **ISIN:** INE230I01018
- **Sector:** Capital Goods
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2015-06-08
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** hawaengltd.com

## About

Incorporated in 1993, Hawa Engineers Ltd is 
in the business of manufacturing Industrial Valves.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:40:04.324459Z.

- **Market Cap:** ₹27.6 Cr
- **Classification:** Microcap
- **P/E (reported):** 11.3
- **EPS (TTM):** ₹6.92
- **EPS (reported):** ₹5.64
- **Book Value:** ₹63.51
- **Price to Book:** 1.23
- **Dividend Yield:** 0%
- **ROE:** 8.05%
- **ROCE:** 17.52%
- **Debt to Equity:** 0.96
- **Revenue (yearly):** ₹114.04 Cr
- **Net Income:** ₹2.58 Cr
- **EBITDA:** ₹6.75 Cr
- **52-Week High:** ₹130
- **52-Week Low:** ₹63.4
- **RSI (14):** 49.99

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Flat
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 27.45 | 9% |
| growth | 29.38 | 9% |
| momentum | 52.35 | 12% |
| ownership | 50 | 24% |
| quality | 67.22 | 22% |
| valuation | 68.54 | 24% |

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

## Key Insights

### 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 11.5% over last 3 years.
- Contingent liabilities of Rs.8.30 Cr.
- Promoter holding has decreased over last 3 years: -4.96%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 28.09% | 250.54% | 313.07% |
| ebitda margin growth | 0% | 14.81% | 17.1% | 21.44% |
| net income growth | 0% | 61.25% | 56% | 28% |
| revenue growth | -9.47% | -6.22% | 4% | 19% |
| roce | — | 0.46% | 19.26% | 14.64% |
| roe | — | -18.44% | 7.39% | 47.71% |

## 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 | 27.77 | 34.89 | 31.03 | 27.73 | 35.36 | 25.95 | 32.02 | 24.52 | 31.53 | 31.4 | 26.13 | 23.74 |
| Expenses | 26.69 | 32.88 | 29.39 | 26.3 | 33.54 | 24.36 | 30.59 | 22.98 | 29.92 | 28.61 | 24.54 | 21.97 |
| Operating Profit | 1.08 | 2.01 | 1.64 | 1.43 | 1.82 | 1.59 | 1.43 | 1.54 | 1.61 | 2.79 | 1.59 | 1.77 |
| OPM % | 3.89 | 5.76 | 5.29 | 5.16 | 5.15 | 6.13 | 4.47 | 6.28 | 5.11 | 8.89 | 6.08 | 7.46 |
| Other Income | 0.04 | 0.1 | 0.2 | 0.03 | 0.2 | 0.15 | 0.14 | 0.13 | -0.01 | 0.12 | 0.28 | 0.15 |
| Interest | 0.67 | 0.78 | 0.97 | 0.71 | 0.86 | 0.77 | 0.64 | 0.81 | 0.71 | 1.83 | 0.77 | 0.81 |
| Depreciation | 0.2 | 0.19 | 0.2 | 0.22 | 0.23 | 0.23 | 0.22 | 0.23 | 0.23 | 0.23 | 0.21 | 0.21 |
| Profit before tax | 0.25 | 1.14 | 0.67 | 0.53 | 0.93 | 0.74 | 0.71 | 0.63 | 0.66 | 0.85 | 0.89 | 0.9 |
| Tax % | 0 | 0 | 70.15 | 24.53 | 0 | 75.68 | 25.35 | 25.4 | 21.21 | 18.82 | 35.96 | 27.78 |
| Net Profit | 0.25 | 1.14 | 0.2 | 0.4 | 0.94 | 0.18 | 0.53 | 0.48 | 0.53 | 0.69 | 0.57 | 0.65 |
| EPS in Rs | 0.71 | 3.23 | 0.57 | 1.13 | 2.67 | 0.51 | 1.5 | 1.36 | 1.5 | 1.96 | 1.62 | 1.84 |

### 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 | 55 | 48 | 45 | 48 | 73 | 102 | 120 | 121 | 114 | 113 |
| Expenses | 52 | 45 | 42 | 45 | 70 | 98 | 114 | 115 | 107 | 105 |
| Operating Profit | 3 | 3 | 3 | 3 | 3 | 4 | 6 | 6 | 7 | 8 |
| OPM % | 6 | 7 | 6 | 6 | 4.2 | 4.1 | 4.7 | 5 | 6 | 7 |
| Other Income | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 1 |
| Interest | 1 | 2 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 4 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 3 |
| Tax % | 34 | 30 | 2 | 22 | 19 | 52 | 21 | 26 | 26 | — |
| Net Profit | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 2 |
| EPS in Rs | 2.78 | 2.1 | 2.41 | 2.27 | 3.09 | 1.99 | 5.1 | 6.13 | 7.51 | 6.92 |
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 8 | 9 | 10 | 10 | 11 | 12 | 13 | 15 | 16 | 19 |
| Borrowings | 12 | 8 | 8 | 8 | 9 | 16 | 17 | 19 | 16 | 22 |
| Other Liabilities | 15 | 18 | 15 | 15 | 16 | 14 | 19 | 29 | 25 | 28 |
| Total Liabilities | 38 | 38 | 36 | 36 | 40 | 46 | 53 | 67 | 61 | 72 |
| Fixed Assets | 8 | 9 | 8 | 7 | 7 | 6 | 6 | 6 | 5 | 5 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 30 | 28 | 27 | 28 | 33 | 40 | 47 | 61 | 56 | 67 |
| Total Assets | 38 | 38 | 36 | 36 | 40 | 46 | 53 | 67 | 61 | 72 |

### 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 | 2 | 7 | 3 | 1 | -3 | -6 | 2 | 5 | 6 | 4 |
| Cash from Investing Activity | -2 | -2 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 |
| Cash from Financing Activity | 3 | -5 | -2 | -2 | 0 | 6 | -1 | -1 | -6 | 3 |
| Net Cash Flow | 3 | 0 | 1 | -1 | -2 | 1 | 1 | 3 | 0 | 7 |
| Free Cash Flow | 0 | 5 | 2 | 1 | -3 | -6 | 1 | 4 | 5 | 4 |
| CFO/OP | 78 | 231 | 88 | 31 | -96 | -181 | 61 | 98 | 106 | 82 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 70 | 64 | 54 | 49 | 50 | 78 | 64 | 63 | 61 | 81 |
| Inventory Days | 81 | 86 | 101 | 125 | 189 | 116 | 114 | 79 | 80 | 86 |
| Days Payable | 99 | 100 | 97 | 107 | 118 | 63 | 46 | 69 | 53 | 75 |
| Cash Conversion Cycle | 52 | 49 | 59 | 68 | 121 | 131 | 132 | 73 | 89 | 92 |
| Working Capital Days | 27 | 32 | 29 | 40 | 80 | 51 | 51 | 46 | 48 | 36 |
| ROCE % | 12 | 13 | 14 | 10 | 10 | 10 | 12 | 15 | 16 | 16 |

## 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 | 63.18% | 63.08% | 63.04% | 63.4% | 63.81% | 63.81% | 63.81% | 56.45% | 56.45% | 56.45% | 58.16% | 58.16% |
| 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 | 34.88% | 34.99% | 34.98% | 34.65% | 34.26% | 34.12% | 34.11% | 41.51% | 41.48% | 41.46% | 40.85% | 40.83% |
| Others | 1.94% | 1.93% | 1.97% | 1.94% | 1.93% | 2.07% | 2.08% | 2.04% | 2.07% | 2.1% | 0.99% | 1.01% |
| No. of Shareholders | 2306 | 2380 | 2444 | 2510 | 2469 | 3187 | 3144 | 3012 | 3094 | 3076 | 3090 | 3074 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 6 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 77.48 | Sell |
| EMA (10) | 77.72 | Sell |
| SMA (20) | 78.3 | Sell |
| EMA (20) | 78.39 | Sell |
| SMA (50) | 80.01 | Sell |
| EMA (50) | 79.94 | Sell |
| SMA (100) | 82.94 | Sell |
| EMA (100) | 82.2 | Sell |
| SMA (200) | 86.33 | Sell |
| EMA (200) | 89.09 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 47.5 | Neutral |
| MACD (12,26,9) | -0.91 | Buy |
| Stochastic (14,3,3) | 60.54 | Neutral |
| ADX (14) | 44.12 | Buy |
| Williams %R (14) | -38.98 | Neutral |
| ATR (14) | 4.9 | High Volatility |
| ROC (12) | -3.5 | Sell |
| Stoch RSI (14) | 54.45 | Neutral |
| UO (7,14,28) | 61.22 | 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=b8e5d8a6-214d-470a-afba-2f2ca0ea455d.pdf) |
| 2026-09-02 | [33Rd Annual General Meeting (AGM) Of The Company Will Be Held On Monday 28Th September 2026 At 04:00 P.M.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=40b69e67-bbfc-4a7e-8027-0960ae301425.pdf) |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76aba3ae-7c61-4fd6-af8a-2e958157697b.pdf) |
| 2026-09-02 | [Book Closure For The Purpose Of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39076559-3543-40fc-91c1-5bfc95cde537.pdf) |
| 2026-07-20 | [Board Meeting Outcome for Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=079bb231-ca1f-4148-90bb-c6cf47e87384.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e35ed34-8b20-4ed1-b656-ad7b62a52b7a.pdf) |
| 2026-07-13 | [Board Meeting Intimation for The Board Meeting Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fedc0443-e94f-41e1-9176-336581be32e1.pdf) |
| 2026-06-26 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=937e8cc7-8790-41f0-aba0-02f772807a78.pdf) |
| 2026-05-21 | [Board Meeting Outcome for Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80cb3b9d-a4b5-49a2-8827-79893c941e83.pdf) |
| 2026-05-21 | [Announcement Under Regulation 30](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33a46dfc-cdcf-4706-b644-588c2db17ec0.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-20 | [Un-Audited Financial Results And Limited Review Report Of The Company For The Quarter Ended On 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=806b8762-8570-40a8-8f62-090a315ade11.pdf) |
| 2026-05-21 | [Audited Standalone Financial Results Of The Company For The Quarter And Financial Year Ended On 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9eb84455-1585-4997-969d-9c1994246d71.pdf) |
| 2026-01-10 | [Result For The Quarter Ended On 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a47d864-1170-4332-bd0e-b3da6aa85dcf.pdf) |
| 2025-11-10 | [Un-Audited Financial Results And Limited Review Report Of The Company For The Quarter/Half Year Ended On 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3c0795c2-aacc-4fdb-b219-7aa4cd40914a.pdf) |
| 2025-07-22 | [Results For Quarter Ended 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=abb1c03d-8810-4b2a-b872-c5a22986739d.pdf) |
| 2025-05-20 | [Result-March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f4681a7-89bf-486f-88d6-46aaa70c9a47.pdf) |
| 2025-01-16 | [Un-Audited Standalone Financial Results And Limited Review Report Of The Company For The Quarter/Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=294a8351-7d8e-498d-a8cd-ee878b19cb01.pdf) |
| 2024-10-08 | [Un-Audited Financial Results For The Quarter/Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16bf501a-fec8-4226-8481-ccd083250851.pdf) |
| 2024-07-19 | [Result For The 30/06/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=966f6133-5a48-4886-b64b-a216ec5658c2.pdf) |
| 2024-05-27 | [Results For The 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6a3d7bd-7aaf-43a4-83df-01d398fbcb62.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Submitted Reg. 74(5) compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Reg. 74(5) compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/058349e7-648d-4529-bfaf-54e2f1f7c0b7.pdf) |
| 5 Jan - Board meeting 10 Jan 2026 to approve unaudited Q3/9M results (ended 31 Dec 2025); trading window closed. | [Board Meeting Intimation for The Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015 5 Jan - Board meeting 10 Jan 2026 to approve unaudited Q3/9M results (ended 31 Dec 2025); trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/004fd51a-1f4a-4ad5-b04e-e3b5a13a3bbe.pdf) |
| 30 Jan - Submission of Newspaper Publication of Un-audited Financial Results for the quarter and nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Jan - Submission of Newspaper Publication of Un-audited Financial Results for the quarter and nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77b236ed-48e9-4abb-bef7-e7fbb0164c6b.pdf) |
| 30 Jan - Income-tax demand of Rs.443.28 crore for AY 2008-09; company to appeal. | [Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Update On Litigation 30 Jan - Income-tax demand of Rs.443.28 crore for AY 2008-09; company to appeal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed9f4703-2985-43cc-b03d-0b4da84e803d.pdf) |
| 28 Jan - Q3/Q9 unaudited results show INR 228 crore YTD standalone loss; Rights Issue INR 396.49 crore; INR 358.07 crore tax demand. | [Announcement under Regulation 30 (LODR)-Change in Directorate 28 Jan - Q3/Q9 unaudited results show INR 228 crore YTD standalone loss; Rights Issue INR 396.49 crore; INR 358.07 crore tax demand.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa98a67c-bb9a-4636-854c-935ea73a1200.pdf) |
| 28 Jan - NDTV revises authorized KMP for SEBI Reg.30(5): CEO Rahul Kanwal, CFO Akhil Kumar Gupta, CS Parinita Bhutani Duggal. | [Change In Authorization For Determining Materiality Of An Event Or Information 28 Jan - NDTV revises authorized KMP for SEBI Reg.30(5): CEO Rahul Kanwal, CFO Akhil Kumar Gupta, CS Parinita Bhutani Duggal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf105e00-4deb-4f35-ad20-4c7384d6a5fb.pdf) |
| 28 Jan - CARE report: Rs.396.50 crore rights issue utilisation; Rs.370.61 crore used by Dec 31, 2025. | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report 28 Jan - CARE report: Rs.396.50 crore rights issue utilisation; Rs.370.61 crore used by Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ae1164b-e838-4a9a-80ee-b53a592f1bea.pdf) |
| 26 Feb - Copies of the newspaper advertisement regarding electronic dispatch of Postal Ballot Notice. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Feb - Copies of the newspaper advertisement regarding electronic dispatch of Postal Ballot Notice.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2694a032-7f6e-4a83-89a3-8670439b016b.pdf) |
| 16 Apr - Hawa Engineers reports Rs 21.78 crore borrowing and confirms it is not a large corporate. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 16 Apr - Hawa Engineers reports Rs 21.78 crore borrowing and confirms it is not a large corporate.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0a23fdad-11c9-4d08-ae44-cadb8f650547.pdf) |
| 10 Jan - Hawa Engineers approved unaudited financial results for quarter/nine months ended 31 Dec 2025. | [Board Meeting Outcome for Outcome Of Board Meeting 10 Jan - Hawa Engineers approved unaudited financial results for quarter/nine months ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91d12f1b-9ae5-4157-8831-e4e34b9b8c54.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_703_NDTV_2012_2013_23072013110933.zip) |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_NDTV_2011_2012_18092012122747.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ecf52aa-ccc4-49fa-8c36-e9204cd93c67.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61fd0697-87d3-4435-90c6-a3762781d7d7.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5980188d-a2f5-4d7a-9526-0a4a1e800336.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7f8867a6-4733-4a4e-b699-d8f8c9893600.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/90a9fda7-2a7c-4601-84b5-1f7171d0b962.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/189e6f76-d11c-4cc6-811f-99242fc6a05c.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532529/75835532529.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539176/76346539176.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 2026-09-13T18:51:51.032Z.