---
title: "Mahaveer Infoway Ltd (539383) — Share Price, Financials & Analysis"
symbol: "539383"
company: "Mahaveer Infoway Ltd"
canonical: "https://tapetide.com/stocks/539383"
isin: "INE019D01016"
nse_symbol: "MAHAVEERINFOWAYLTD"
bse_code: "539383"
sector: "Information Technology"
industry: "Computer Software & Consulting"
market_cap_cr: 5.9
generated_at: "2026-09-13T20:13:09.913Z"
---

# Mahaveer Infoway Ltd (539383)

Canonical page: https://tapetide.com/stocks/539383

## Company

- **NSE Symbol:** MAHAVEERINFOWAYLTD
- **BSE Code:** 539383
- **ISIN:** INE019D01016
- **Sector:** Information Technology
- **Industry:** Computer Software & Consulting
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2015-10-09
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** minfy.com

## About

Incorporated in 1991, Mahaveer Infoway Ltd is in the business of HR and software development services[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:34:03.061697Z.

- **Market Cap:** ₹5.9 Cr
- **Classification:** Microcap
- **P/E (reported):** 14.3
- **EPS (TTM):** ₹0.73
- **Book Value:** ₹8.48
- **Price to Book:** 1.26
- **Dividend Yield:** 0%
- **ROE:** -9.85%
- **ROCE:** -6.46%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹5.7 Cr
- **Net Income:** ₹-0.4 Cr
- **EBITDA:** ₹-0.1 Cr
- **52-Week High:** ₹17.95
- **52-Week Low:** ₹7.1
- **RSI (14):** 34.9

## Tapetide Score

- **Score:** 49 / 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:** 43.6 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 56.93 | 9% |
| growth | 18.24 | 9% |
| momentum | 78.72 | 12% |
| ownership | 50 | 24% |
| quality | 35.47 | 22% |
| valuation | 49.4 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 50.0 to 15.4 days.

### Weaknesses

- Company has a low return on equity of 2.64% over last 3 years.
- Working capital days have increased from 316 days to 475 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -140% | -125% | -190.32% |
| ebitda margin growth | -366.67% | -117.57% | -117.45% | -67.92% |
| net income growth | -550% | 33.33% | 14% | 32% |
| revenue growth | -43.75% | 35.71% | -14% | 16% |
| roce | -486.36% | 201.87% | -182.71% | -2.27% |
| roe | -584.21% | 36.05% | -4.25% | 3.58% |

## 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 | 1.67 | 1.6 | 0.58 | 0.83 | 1.02 | 0.64 | 0.25 | 0.75 | 0.67 | 0.68 | 0.51 | 0 |
| Expenses | 1.44 | 1.35 | 1.66 | 0.75 | 0.8 | 0.46 | 0.6 | 0.59 | 0.61 | 0.6 | 1.02 | 0.17 |
| Operating Profit | 0.23 | 0.25 | -1.08 | 0.08 | 0.22 | 0.18 | -0.35 | 0.16 | 0.06 | 0.08 | -0.51 | -0.17 |
| OPM % | 13.77 | 15.62 | -186.21 | 9.64 | 21.57 | 28.12 | -140 | 21.33 | 8.96 | 11.76 | -100 | — |
| Other Income | 0 | 0 | 0.29 | 0 | 0 | 0 | 0.28 | 0 | 0 | 0 | 1.23 | 0.07 |
| Interest | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0 | 0 | -0.01 | 0 |
| Depreciation | 0.02 | 0.02 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Profit before tax | 0.18 | 0.2 | -0.86 | 0.02 | 0.16 | 0.12 | -0.13 | 0.1 | 0.03 | 0.05 | 0.7 | -0.13 |
| Tax % | 0 | 0 | 1.16 | 0 | 0 | 0 | 76.92 | 0 | 0 | 0 | 34.29 | 0 |
| Net Profit | 0.17 | 0.19 | -0.86 | 0.02 | 0.16 | 0.13 | -0.24 | 0.1 | 0.03 | 0.05 | 0.46 | -0.13 |
| EPS in Rs | 0.31 | 0.34 | -1.56 | 0.04 | 0.29 | 0.24 | -0.44 | 0.18 | 0.05 | 0.09 | 0.83 | -0.24 |

### 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 | 2.28 | 1.68 | 2.2 | 1.24 | 3.04 | 4.11 | 5.41 | 2.73 | 2.61 | 1.86 |
| Expenses | 2.43 | 2.29 | 2.35 | 1.26 | 2.58 | 3.57 | 5.85 | 2.59 | 2.83 | 2.4 |
| Operating Profit | -0.15 | -0.61 | -0.15 | -0.02 | 0.46 | 0.54 | -0.44 | 0.14 | -0.22 | -0.54 |
| OPM % | -6.58 | -36.31 | -6.82 | -1.61 | 15.13 | 13.14 | -8.13 | 5.13 | -8.43 | -29.03 |
| Other Income | 0.18 | 0.42 | 0 | -0.14 | 0 | -0.55 | 0.29 | 0.28 | 1.23 | 1.3 |
| Interest | 0.49 | 0.36 | 0.32 | 0.23 | 0.16 | 0.16 | 0.13 | 0.13 | 0.02 | -0.01 |
| Depreciation | 0.1 | 0.09 | 0.09 | 0.07 | 0.07 | 0.06 | 0.11 | 0.12 | 0.12 | 0.12 |
| Profit before tax | -0.56 | -0.64 | -0.56 | -0.46 | 0.23 | -0.23 | -0.39 | 0.17 | 0.87 | 0.65 |
| Tax % | 1.79 | 1.56 | -12.5 | 2.17 | 13.04 | 34.78 | 2.56 | 58.82 | 27.59 | — |
| Net Profit | -0.57 | -0.65 | -0.48 | -0.47 | 0.21 | -0.31 | -0.39 | 0.08 | 0.64 | 0.41 |
| EPS in Rs | -1.03 | -1.18 | -0.87 | -0.85 | 0.38 | -0.56 | -0.71 | 0.15 | 1.16 | 0.73 |
| 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 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 | 5.51 |
| Reserves | 1.1 | 0.54 | -0.11 | -0.59 | -1.06 | -0.85 | -1.17 | -1.56 | -1.48 | -0.84 |
| Borrowings | 5.52 | 4 | 3.36 | 3.63 | 2.93 | 1.98 | 1.35 | 1.72 | 1.51 | 0 |
| Other Liabilities | 2.26 | 0.76 | 0.97 | 0.27 | 0.36 | 1.59 | 2.99 | 1.78 | 1.76 | 1.84 |
| Total Liabilities | 14.39 | 10.81 | 9.73 | 8.82 | 7.74 | 8.23 | 8.68 | 7.45 | 7.3 | 6.51 |
| Fixed Assets | 0.25 | 1.3 | 1.36 | 1.33 | 1.34 | 1.29 | 1.2 | 1.28 | 1.16 | 1.04 |
| CWIP | 1.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2.03 | 2.39 | 1.78 | 1.78 | 1.07 | 1.07 | 0.58 | 0.32 | 0.32 | 0.05 |
| Other Assets | 10.97 | 7.12 | 6.59 | 5.71 | 5.33 | 5.87 | 6.9 | 5.85 | 5.82 | 5.42 |
| Total Assets | 14.39 | 10.81 | 9.73 | 8.82 | 7.74 | 8.23 | 8.68 | 7.45 | 7.3 | 6.51 |

### 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 | 0.25 | 1.95 | 0 | 0.31 | -0.44 | 1.12 | 0.7 | -0.28 | -0.1 | -0.53 |
| Cash from Investing Activity | 0.12 | -0.36 | 0.55 | 0 | 0.72 | -0.02 | 0.5 | 0.34 | 0.28 | 0.56 |
| Cash from Financing Activity | -0.95 | -1.99 | -0.58 | -0.29 | -0.28 | -1.09 | -0.74 | -0.57 | -0.13 | -0.03 |
| Net Cash Flow | -0.58 | -0.4 | -0.03 | 0.02 | 0 | 0.01 | 0.46 | -0.51 | 0.05 | 0 |
| Free Cash Flow | 0.25 | 1.94 | -0.17 | 0.31 | -0.44 | 1.1 | 0.7 | -0.46 | -0.1 | -0.53 |
| CFO/OP | -7 | -1300 | 0 | -207 | 2200 | 243 | 148 | 52 | -14 | 123 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 106.46 | 324.98 | 469.29 | 283.7 | 423.87 | 160.89 | 92.36 | 31.71 | 102.95 | 15.38 |
| Inventory Days | 128.7 | 425.83 | 335.45 | 399.35 | 600.8 | 369.17 | 305.22 | 116.28 | 365 | 547.5 |
| Days Payable | 63.29 | 79.08 | 67.79 | 38.65 | 80.75 | 0 | 15.73 | 22.61 | 10.14 | 15.21 |
| Cash Conversion Cycle | 171.86 | 671.73 | 736.95 | 644.41 | 943.92 | 530.06 | 381.84 | 125.38 | 457.81 | 547.67 |
| Working Capital Days | 90.26 | 368.2 | 475.8 | 283.7 | 571.05 | 261.74 | 174.95 | 150.45 | 322.22 | 475.48 |
| ROCE % | 1.76 | -0.63 | -2.98 | -2.77 | -1 | 5.56 | 9.25 | -4.58 | 5.35 | 17.43 |

## 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 | 47.07% | 47.07% | 47.07% | 47.07% | 47.07% | 47.07% | 47.07% | 47.07% | 47.07% | 47.07% | 47.07% | 47.07% |
| 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 | 52.64% | 52.64% | 52.19% | 52.15% | 52.15% | 52.54% | 52.63% | 51.13% | 51.06% | 51.16% | 51.17% | 47.84% |
| Others | 0.29% | 0.29% | 0.73% | 0.78% | 0.78% | 0.39% | 0.3% | 1.79% | 1.86% | 1.76% | 1.76% | 5.09% |
| No. of Shareholders | 1588 | 1581 | 1979 | 2230 | 2321 | 2569 | 2654 | 2636 | 2650 | 2653 | 2613 | 2546 |

## 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) | 10.52 | Sell |
| EMA (10) | 10.68 | Sell |
| SMA (20) | 11.27 | Sell |
| EMA (20) | 11.33 | Sell |
| SMA (50) | 13.42 | Sell |
| EMA (50) | 12.34 | Sell |
| SMA (100) | 12.36 | Sell |
| EMA (100) | 12.18 | Sell |
| SMA (200) | 11.25 | Sell |
| EMA (200) | 11.37 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.94 | Neutral |
| MACD (12,26,9) | -0.88 | Buy |
| Stochastic (14,3,3) | 23.31 | Neutral |
| ADX (14) | 36.35 | Buy |
| Williams %R (14) | -69.83 | Neutral |
| ATR (14) | 0.5 | High Volatility |
| ROC (12) | -13.37 | Sell |
| Stoch RSI (14) | 76.35 | Neutral |
| UO (7,14,28) | 38.69 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=930895e6-e331-4d7d-9504-f9867a671ad6.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=787eca09-a4cf-4c58-b7a9-ea176b38e15f.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 07Th September 2026 Under Regulation 30 Read With Schedule III SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f0bc47c-38af-4967-a1e4-2e09b062bb92.pdf) |
| 2026-09-07 | [Submission Of Notice Of 35Th Annual General Meeting Along With Annual Report For The Financial Year 2025-26 As Required Under SEBI (Listing Obligations And Disclosure Requirements) 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58d99bd0-5697-41f2-b737-cd2304ea565b.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Meeting Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c94b3f9c-c80f-46c1-8a9d-7e924a1d1e6d.pdf) |
| 2026-09-07 | [Submission Of Notice Of 35Th Annual General Meeting Along With Annual Report For The Financial Year 2025-26 As Required Under SEBI (Listing Obligations And Disclosure Requirements) 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5da94f9-c7ce-4126-bd68-41a7940c1cc8.pdf) |
| 2026-09-02 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90ae9761-0528-4d05-bff3-3b8fb4d85b6d.pdf) |
| 2026-09-02 | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 07Th September 2026 Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c18c512-aac0-43f5-bc5e-7dadc0f54ad0.pdf) |
| 2026-07-15 | [Newspaper Advertisement For Publication Of Standalone Audited Financial Results For The Year And Quarter Ended June 30Th 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a90f2f87-2a7e-421f-a3fa-40cfb283fb26.pdf) |
| 2026-07-13 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 13" July 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0077ab0c-ef6d-4cb3-afa3-e7450339cf19.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-13 | [Outcome Of Board Meeting Held On 13" July 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22407b7a-839b-4d6b-823e-cf71c227900b.pdf) |
| 2026-05-20 | [Outcome Of Board Meeting Held On 20Th May 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca32e65e-5aaa-4cc0-946e-a04587e51a67.pdf) |
| 2026-05-20 | [Outcome Of Board Meeting Held On 20Th May 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea4bb329-7c76-49de-a862-45c870fa4289.pdf) |
| 2026-02-10 | [Outcome Of Board Meeting Held On 10Th February 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18bc9772-20d4-452a-a87f-020d2485ed0d.pdf) |
| 2025-11-14 | [Results For The Quarter Ended 30/09/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d49e8333-bb0f-45c8-aeba-c8bdb2e205e9.pdf) |
| 2025-07-29 | [Results - Financial Results For June Quarter 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11e78a81-4d7c-4185-b85b-5a54335ba2a9.pdf) |
| 2025-05-20 | [31-03-2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5048beb4-d97a-451e-8ec3-d233b2304072.pdf) |
| 2025-02-11 | [Un Audited Results For The Quarter Ended 31.12.024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1171b18-d90e-4a13-b1f4-d68433b4a67c.pdf) |
| 2024-11-12 | [Unaudited Result For The Quarter And Half Year Ended 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=937d5e73-72dc-45f6-8331-5747d59d6471.pdf) |
| 2024-08-07 | [Outcome Of Board Meeting Under Regulation 30 Read With 33 (3) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015,](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5574935-d7e3-4510-be45-87d0e27a90b1.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Submitted Regulation 74(5) certificate for quarter ended 31.03.2026; no securities received for demat/remat. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) certificate for quarter ended 31.03.2026; no securities received for demat/remat.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e8d890ff-b277-4d4e-8371-8bce987984cd.pdf) |
| 8 Jan - Regulation 74(5) certificate: no dematerialization/rematerialization in quarter ended 31.12.2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - Regulation 74(5) certificate: no dematerialization/rematerialization in quarter ended 31.12.2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0350a371-153a-4fb7-8a78-c58d2db90290.pdf) |
| 6 Apr - Mahaveer Infoway disclosed no promoter share encumbrance during FY ended 31 March 2026. | [Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 6 Apr - Mahaveer Infoway disclosed no promoter share encumbrance during FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e19a630-d593-4412-b01e-9a455e3d20fd.pdf) |
| 28 Apr - Annual disclosure confirms Mahaveer Infoway is not a Large Corporate for FY 2025-26. | [Annual Disclosure Regarding Non-Applicability Of Large Corporate Framework For An Entity Not Identified As A Large Corporate. 28 Apr - Annual disclosure confirms Mahaveer Infoway is not a Large Corporate for FY 2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18b2fa98-ed18-4531-a7b4-9ddc1e772ca9.pdf) |
| 28 Apr - Annual disclosure confirms Mahaveer Infoway is not a Large Corporate for FY 2025-26. | [Annual Disclosure Regarding Non-Applicability Of Large Corporate Framework For An Entity Not Identified As A Large Corporate. 28 Apr - Annual disclosure confirms Mahaveer Infoway is not a Large Corporate for FY 2025-26.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/18b2fa98-ed18-4531-a7b4-9ddc1e772ca9.pdf) |
| 22 Apr - Submitted non-applicability certificate for Secretarial Compliance Report FY ended 31 March 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 22 Apr - Submitted non-applicability certificate for Secretarial Compliance Report FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0752a4e-f05c-46d0-8edf-dc4c0216bb80.pdf) |
| 2 Feb - Board meeting on 10 Feb 2026 to consider unaudited results and limited review for quarter ended 31-Dec-2025. | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On 10Th February, 2026 Under Regulation 29 (1) (A) Of SEBI (LODR) Regulations, 2015 2 Feb - Board meeting on 10 Feb 2026 to consider unaudited results and limited review for quarter ended 31-Dec-2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cbf765c8-c74f-4309-b295-ae0aa4d628a8.pdf) |
| 12h - Submitted non-applicability certificate for Secretarial Compliance Report FY ended 31 March 2026. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 12h - Submitted non-applicability certificate for Secretarial Compliance Report FY ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b0752a4e-f05c-46d0-8edf-dc4c0216bb80.pdf) |
| 12 Feb - Newspaper Advertisement for publication of standalone un audited financial results for the quarter ended December 31st 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb - Newspaper Advertisement for publication of standalone un audited financial results for the quarter ended December 31st 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c304db1a-b93d-4939-8db9-e60f13cbf9fb.pdf) |
| 10 Feb - Board approved unaudited financial results and limited review report for quarter ended 31.12.2025 on 10-02-2026. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 10Th February, 2026 Under Regulation 30 Read With 33(3)(C) Of SEBI (LODR) Regulations, 2015 10 Feb - Board approved unaudited financial results and limited review report for quarter ended 31.12.2025 on 10-02-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/049aa5d5-9730-4309-9b9a-ccef73367ec0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab0032ce-a296-4bbd-97e9-4ad43431d580.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6f7cdcd0-22ed-44d2-a238-7b004be88c51.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95b10da0-0514-436e-aa73-6d53273fa42c.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539383/77215539383.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539383/71839539383.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539383/67214539383.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539383/5393830319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539383/5393830318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539383/5393830317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539383/5393830316.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 2026-09-13T20:13:09.913Z.