---
title: "Neeraj Paper Marketing Ltd (539409) — Share Price, Financials & Analysis"
symbol: "539409"
company: "Neeraj Paper Marketing Ltd"
canonical: "https://tapetide.com/stocks/539409"
isin: "INE894J01019"
nse_symbol: "NEERAJPAPERMARKETINGLTD"
bse_code: "539409"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 20.48
generated_at: "2026-09-13T18:58:20.922Z"
---

# Neeraj Paper Marketing Ltd (539409)

Canonical page: https://tapetide.com/stocks/539409

## Company

- **NSE Symbol:** NEERAJPAPERMARKETINGLTD
- **BSE Code:** 539409
- **ISIN:** INE894J01019
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-11-11
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** neerajpaper.com

## About

Incorporated in 1995, Neeraj Paper Marketing Ltd is engaged in trading & marketing business.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:41:17.316002Z.

- **Market Cap:** ₹20.48 Cr
- **Classification:** Microcap
- **P/E (reported):** 35.8
- **EPS (TTM):** ₹0.53
- **EPS (reported):** ₹0.56
- **Book Value:** ₹25.79
- **Price to Book:** 0.74
- **Dividend Yield:** 0%
- **ROE:** -8.61%
- **ROCE:** 22.51%
- **Debt to Equity:** 0.29
- **Revenue (yearly):** ₹328.9 Cr
- **Net Income:** ₹-2.1 Cr
- **EBITDA:** ₹11.2 Cr
- **52-Week High:** ₹22.49
- **52-Week Low:** ₹15
- **RSI (14):** 6.05

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.72 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.89% over past five years.
- Promoter holding is low: 27.8%
- Company has a low return on equity of 1.60% over last 3 years.
- Contingent liabilities of Rs.8.11 Cr.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -3.52% | 12.16% | — |
| ebitda margin growth | -20% | 17.59% | 19.23% | — |
| net income growth | 0% | -400% | 0% | 4% |
| revenue growth | 10.35% | -11.73% | -9% | 9% |
| roce | -28% | -24.46% | -25.71% | — |
| roe | -23.81% | -404.24% | -1.05% | — |

## 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 | 40.53 | 43.23 | 40.91 | 43.78 | 56.12 | 53.77 | 43.2 | 47.88 | 34.86 | 42.23 | 42.26 | 46.75 |
| Expenses | 39.57 | 42.36 | 40.11 | 42.83 | 55.26 | 53.07 | 42.43 | 47.45 | 34.54 | 41.78 | 41.97 | 46.42 |
| Operating Profit | 0.96 | 0.87 | 0.8 | 0.95 | 0.86 | 0.7 | 0.77 | 0.43 | 0.32 | 0.45 | 0.29 | 0.33 |
| OPM % | 2.37 | 2.01 | 1.96 | 2.17 | 1.53 | 1.3 | 1.78 | 0.9 | 0.92 | 1.07 | 0.69 | 0.71 |
| Other Income | 0 | 0 | 0.05 | 0 | 0 | 0 | 0.03 | 0.02 | 0 | 0 | 0.24 | 0.1 |
| Interest | 0.57 | 0.59 | 0.6 | 0.66 | 0.54 | 0.54 | 0.81 | 0.24 | 0.1 | 0.2 | 0.2 | 0.13 |
| Depreciation | 0.1 | 0.1 | 0.07 | 0.09 | 0.09 | 0.09 | 0.05 | 0.08 | 0.08 | 0.08 | 0.04 | 0.07 |
| Profit before tax | 0.29 | 0.18 | 0.18 | 0.2 | 0.23 | 0.07 | -0.06 | 0.13 | 0.14 | 0.17 | 0.29 | 0.23 |
| Tax % | 27.59 | 27.78 | 38.89 | 30 | 30.43 | 14.29 | 100 | 30.77 | 28.57 | 29.41 | 31.03 | 26.09 |
| Net Profit | 0.22 | 0.14 | 0.11 | 0.14 | 0.17 | 0.05 | -0.12 | 0.09 | 0.09 | 0.12 | 0.21 | 0.16 |
| EPS in Rs | 0.2 | 0.13 | 0.1 | 0.13 | 0.15 | 0.05 | -0.11 | 0.08 | 0.08 | 0.11 | 0.19 | 0.15 |

### 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 | 329 | 252 | 144 | 109 | 135 | 220 | 158 | 197 | 167 | 166 |
| Expenses | 318 | 246 | 141 | 106 | 132 | 217 | 155 | 194 | 165 | 165 |
| Operating Profit | 11 | 7 | 3 | 3 | 3 | 3 | 4 | 3 | 1 | 1 |
| OPM % | 3.3 | 2.6 | 2.3 | 2.6 | 2.1 | 1.4 | 2.2 | 1.7 | 0.9 | 0.8 |
| Other Income | -3 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
| Interest | 9 | 5 | 2 | 2 | 2 | 2 | 2 | 3 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Tax % | 34 | 59 | -21 | 25 | 32 | 31 | 29 | 42 | 29 | — |
| Net Profit | -2 | 0 | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 1 |
| EPS in Rs | -1.91 | 0.31 | 0.69 | 0.37 | 0.82 | 0.47 | 0.52 | 0.23 | 0.46 | 0.53 |
| 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 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 15 | 13 | 13 | 14 | 15 | 16 | 16 | 17 | 17 | 17 |
| Borrowings | 66 | 65 | 22 | 23 | 23 | 23 | 27 | 26 | 15 | 8 |
| Other Liabilities | 12 | 25 | 33 | 21 | 8 | 10 | 14 | 10 | 22 | 25 |
| Total Liabilities | 104 | 114 | 80 | 69 | 56 | 59 | 68 | 63 | 65 | 62 |
| Fixed Assets | 6 | 8 | 8 | 7 | 7 | 6 | 6 | 6 | 6 | 5 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 98 | 106 | 72 | 62 | 49 | 53 | 62 | 57 | 60 | 57 |
| Total Assets | 104 | 114 | 80 | 69 | 56 | 59 | 68 | 63 | 65 | 62 |

### 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 | 11 | 11 | 48 | 1 | 2 | 0 | -2 | 4 | 13 | 8 |
| Cash from Investing Activity | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Cash from Financing Activity | -10 | -8 | -5 | -3 | -3 | -4 | 0 | -4 | -2 | -4 |
| Net Cash Flow | 1 | 1 | 42 | -1 | -1 | -3 | -2 | 0 | 10 | 5 |
| Free Cash Flow | 11 | 9 | 48 | 1 | 2 | 1 | -2 | 4 | 13 | 8 |
| CFO/OP | 109 | 103 | 736 | 37 | 76 | 31 | -54 | 108 | 408 | 585 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 84 | 96 | 93 | 146 | 144 | 117 | 81 | 93 | 81 | 85 |
| Inventory Days | 1 | 15 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Payable | 9 | 24 | 43 | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 76 | 88 | 53 | 146 | 144 | 117 | 81 | 93 | 81 | 85 |
| Working Capital Days | 26 | 26 | 34 | 60 | 85 | 68 | 45 | 53 | 43 | 46 |
| ROCE % | 11 | 12 | 9 | 6 | 5 | 5 | 5 | 6 | 6 | 4 |

## 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 | 27.83% | 27.83% | 27.83% | 27.83% | 27.83% | 27.83% | 27.83% | 27.83% | 27.83% | 27.83% | 27.83% | 27.83% |
| 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 | 17.99% | 17.99% | 17.99% | 17.99% | 17.99% | 17.97% | 17.97% | 17.97% | 17.96% | 17.96% | 17.96% | 17.97% |
| Others | 54.18% | 54.18% | 54.18% | 54.18% | 54.18% | 54.19% | 54.2% | 54.2% | 54.2% | 54.21% | 54.21% | 54.2% |
| No. of Shareholders | 3348 | 3370 | 3442 | 3471 | 3493 | 3687 | 3611 | 3606 | 3586 | 3579 | 3568 | 3549 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 19.53 | Sell |
| EMA (10) | 19.4 | Sell |
| SMA (20) | 20.26 | Sell |
| EMA (20) | 19.88 | Sell |
| SMA (50) | 19.89 | Sell |
| EMA (50) | 19.72 | Sell |
| SMA (100) | 18.58 | Sell |
| EMA (100) | 19.28 | Sell |
| SMA (200) | 18.89 | Sell |
| EMA (200) | 19.65 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.07 | Neutral |
| MACD (12,26,9) | -0.41 | Sell |
| Stochastic (14,3,3) | 5.1 | Buy |
| ADX (14) | 18.39 | Neutral |
| Williams %R (14) | -89.19 | Buy |
| ATR (14) | 0.47 | Neutral |
| ROC (12) | -11.38 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 29.15 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c241add3-2e7d-4c57-883d-5af0eb7e00af.pdf) |
| 2026-08-31 | [Submission Of Notice Of 31St Annual General Meeting Of Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbdef40e-54ca-4f90-963b-40814d255bc6.pdf) |
| 2026-08-31 | [Intimation Of AGM Book Closure & Cut-Off Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f39ca2b-4d45-4445-b84b-0c8c4a7f0afe.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e41cdf3-cc14-4735-a344-80944f573a77.pdf) |
| 2026-08-26 | [Intimation Under Regulation 30 Of SEBI (Listing Obligation & Disclosure Requirement) Regulation 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52bb71ab-c321-4d88-b5f6-42a5ee7f9029.pdf) |
| 2026-08-22 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db5fd85c-72c6-47cf-983b-182c0044a4e5.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd623cd0-b8b8-4fc7-a63c-a1a5c69c5134.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c780e71c-3203-49ef-9482-34af3f52bed6.pdf) |
| 2026-08-03 | [Board Meeting Intimation for Advance Intimation Regarding The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=979101bb-d7b3-4268-b484-35ce25f02385.pdf) |
| 2026-07-11 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5102b129-aad6-4b52-ae39-56aa75e47462.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Integrated Financials For The Quarter Ended 30/06/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6bac1188-a649-4ac2-8856-0f18832c0dcb.pdf) |
| 2026-05-30 | [Integrated Financials For The Quarter And Year Ended 31/03/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbc95c19-30ef-4bdb-b7a8-b363a2f0fa09.pdf) |
| 2026-02-13 | [Unaudited Financial Results For The Quarter Ended 31/12/2025 Under Regulation 33 Of SEBI (Listing Obligation & Disclosure Requirement) Regulation 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec203d0c-e2cf-41d3-a5b6-88d997f5ecda.pdf) |
| 2025-11-13 | [Un-Audited Financial Results For The Quarter Ended 30.09.2025 U/R 33 Of SEBI (LODR)2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2621e8c3-0d02-491e-a717-08912c01d898.pdf) |
| 2025-08-08 | [Unaudited Financial Results For The Quarter Ended 30/06/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2c8a649e-ffb3-4a89-8328-5cf16f170aa3.pdf) |
| 2025-05-30 | [Audited Financial Results For The Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b3cbd94-50c2-4f53-afea-3cad2c79aea3.pdf) |
| 2025-02-12 | [Unaudited Financial Results For The Quarter Ended 31/12/2024 Under Regulation 33 Of SEBI (Listing Obligation & Disclosure Requirement) Regulation 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=107058d3-75ac-4327-ade8-c2698c8d6b6b.pdf) |
| 2024-11-12 | [Unaudited Financial Results For The Quarter And Half Year Ended 30/09/2024 Under Regulation 33 Of SEBI (Listing Obligation & Disclosure Requirement), Regulation, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b250b6e6-03de-4641-b930-29139c1c6f29.pdf) |
| 2024-08-12 | [Unaudited Fianacial Results For Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77bee7dd-33f1-4964-a168-007fa8a3c937.pdf) |
| 2024-05-30 | [Financial Results For The Year Ended 31St March 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8e74e21-4a7a-4ead-997b-02eb4e180182.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/69b49b40-0b6a-4804-8157-3c84931e6214.pdf) |
| 6 Apr - Promoter disclosed 30,61,618 shares held and no encumbrance as on 31 March 2026. | [Disclosure Under Regulation 31 (4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations. 2011 6 Apr - Promoter disclosed 30,61,618 shares held and no encumbrance as on 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af4e4ea1-39de-493e-bf05-1f130425daf9.pdf) |
| 6 Apr - Neeraj Paper repaid Rs 1.25 crore term loan; Union Bank revised Rs 8.50 crore cash credit terms. | [Intimation Under Regulation 30 Of SEBI LODR, 2015, Modification In Terms Of Cash Credit Limit Facility And Satisfaction Of Term Loan Of The Company From Union Bank Of India 6 Apr - Neeraj Paper repaid Rs 1.25 crore term loan; Union Bank revised Rs 8.50 crore cash credit terms.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c2a247e-8fc5-4a98-ac59-51111e610323.pdf) |
| 3 Apr - SEBI Regulation 10(6) disclosure: 16,500 promoter-group shares transmitted to Shivam Goel on 03 April 2026. | [Disclosure Under Regulation 10(6) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011. 3 Apr - SEBI Regulation 10(6) disclosure: 16,500 promoter-group shares transmitted to Shivam Goel on 03 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a8d2f30-fd05-4b41-90e1-f5e7cdee9cc3.pdf) |
| 3 Apr - 16,500 promoter shares transmitted to Shivam Goel; he joins promoter group. | [Disclosure Under Regulation 30 And 31A Of SEBI (LODR) Regulations, 2015. 3 Apr - 16,500 promoter shares transmitted to Shivam Goel; he joins promoter group.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/db57daff-3119-4d55-8eea-c7e00bb0bef4.pdf) |
| 29 Apr - Neeraj Paper Marketing confirms it is not a Large Corporate for FY2026; borrowing was Rs 5.64 crore. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Neeraj Paper Marketing confirms it is not a Large Corporate for FY2026; borrowing was Rs 5.64 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecb64122-ee28-4070-9868-aa459e7a0a30.pdf) |
| 29 Apr - Neeraj Paper Marketing confirms it is not a Large Corporate for FY2026; borrowing was Rs 5.64 crore. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Neeraj Paper Marketing confirms it is not a Large Corporate for FY2026; borrowing was Rs 5.64 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ecb64122-ee28-4070-9868-aa459e7a0a30.pdf) |
| 26 Feb - Ms. Deepa Kumari withdrew resignation and was reinstated as Company Secretary & Compliance Officer; Board approved on 26 Feb 2026. | [Intimation Of Withdrawal Of Resignation Of Company Secretary & Compliance Officer Of The Company - Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 26 Feb - Ms. Deepa Kumari withdrew resignation and was reinstated as Company Secretary & Compliance Officer; Board approved on 26 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/95ebf1bc-9418-4944-8747-bb86ddbf1308.pdf) |
| 22 Apr - Filed appeal against AY2019-20 tax demand of Rs. 77,56,540 on April 21, 2026. | [Intimation Under Regulation 30 Of SEBI (Listing Obligation & Disclosure Requirement), Regulation, 2015 22 Apr - Filed appeal against AY2019-20 tax demand of Rs. 77,56,540 on April 21, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6391ecf5-d63f-4684-a8fb-bc1e04409009.pdf) |
| 21 Mar - Income Tax Dept searched registered office Mar 18–20, 2026; documents provided; no action. | [Intimation Under Regulation 30 Of SEBI (Listing Obligation & Disclosure Requirement), Regulation, 2015 21 Mar - Income Tax Dept searched registered office Mar 18–20, 2026; documents provided; no action.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a29a9dfc-9b21-4084-aa27-81dcfb613659.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/73339d92-b17d-4980-a8f1-134363e0f808.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c5bbc07-2494-44e2-9570-11c30456eb0e.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b995ed2-ab22-4371-adb0-82de663bede0.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80b16627-b18d-4596-9d64-a573e3d5e146.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a559bb98-42ec-4595-aab4-e5cc471a7622.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/36cb228b-ece9-440f-9387-8ee07464e49d.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50681bed-9437-44b1-b15e-174eca4850dc.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4e23353-77f8-46b4-9d96-26127f53f492.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49688504-9e77-47c9-a056-be760dbfc313.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0844a152-97f7-4583-89bc-650dbae6047b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eabf53be-d77e-450e-9678-8a108d8e716a.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ee23f46-8bfa-4ace-a9c3-0259b6c6bf5e.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/25bb9f8e-2bf5-446b-b367-1928aa74f124.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f6c1652-7745-425a-a6a1-d0e97cb930f8.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bef2cde9-d9a2-4557-8c8f-838cb0f05afa.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56bf2f7d-de11-452e-b9e7-c4cc23ee97a2.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500307/74584500307.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539409/75402539409.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500307/71511500307.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539409/70880539409.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 2026-09-13T18:58:20.922Z.