---
title: "Gujarat Hy-Spin Ltd (540938) — Share Price, Financials & Analysis"
symbol: "540938"
company: "Gujarat Hy-Spin Ltd"
canonical: "https://tapetide.com/stocks/540938"
isin: "INE578V01013"
nse_symbol: "GUJARATHYSPINLTD"
bse_code: "540938"
sector: "Textiles"
industry: "Cotton/Blended"
market_cap_cr: 15.4
generated_at: "2026-09-13T19:53:52.690Z"
---

# Gujarat Hy-Spin Ltd (540938)

Canonical page: https://tapetide.com/stocks/540938

## Company

- **NSE Symbol:** GUJARATHYSPINLTD
- **BSE Code:** 540938
- **ISIN:** INE578V01013
- **Sector:** Textiles
- **Industry:** Cotton/Blended
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2018-02-08
- **CEO:** Mr. Paras Maganbhai Parvadiya
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gujarathyspin.com

## About

Incorporated in 2011, Gujarat Hy-Spin Ltd is engaged in the manufacturing of Cotton Yarn/ Other Yarns.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:35:18.171486Z.

- **Market Cap:** ₹15.4 Cr
- **Classification:** SME
- **P/E (reported):** 307.3
- **EPS (reported):** ₹0.1
- **Book Value:** ₹11.44
- **Price to Book:** 0.81
- **Dividend Yield:** 0%
- **ROE:** 0.25%
- **ROCE:** 6.58%
- **Debt to Equity:** 0.72
- **Revenue (yearly):** ₹83.9 Cr
- **Net Income:** ₹0 Cr
- **EBITDA:** ₹3 Cr
- **52-Week High:** ₹26.89
- **52-Week Low:** ₹6.19
- **RSI (14):** 15.94

## Key Insights

### Strengths

- Stock is trading at 0.81 times its book value
- Company's working capital requirements have reduced from 20.6 days to 13.3 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.7% over past five years.
- Company has a low return on equity of 0.56% over last 3 years.
- Earnings include an other income of Rs.1.15 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 11.01% | 26.04% | -64.09% |
| ebitda margin growth | -5% | 23.47% | 9.34% | -40.3% |
| net income growth | -92% | -100% | 28% | -15% |
| revenue growth | -42.98% | -11.68% | 11% | 11% |
| roce | — | 8.4% | -0.9% | 6.6% |
| roe | — | -50.98% | 0.55% | -83.33% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 19.62 | 30.15 | 34.51 | 34.95 | 26.91 | 33.88 | 48.34 | 43.42 | 45.37 | 47.19 | 36.59 | 46.13 |
| Expenses | 17.83 | 30.01 | 32.66 | 34.31 | 27.17 | 32.66 | 49.5 | 41.72 | 45.4 | 46.78 | 36.19 | 44.62 |
| Operating Profit | 1.79 | 0.14 | 1.85 | 0.64 | -0.26 | 1.22 | -1.16 | 1.7 | -0.03 | 0.41 | 0.4 | 1.51 |
| OPM % | 9.12 | 0.46 | 5.36 | 1.83 | -0.97 | 3.6 | -2.4 | 3.92 | -0.07 | 0.87 | 1.09 | 3.27 |
| Other Income | 1.07 | 2.75 | 0.49 | 1.36 | 1.31 | 0.72 | 1.45 | 1.13 | 1.07 | 1.34 | 0.47 | 0.67 |
| Interest | 1.64 | 1.43 | 0.92 | 0.83 | 0.6 | 0.75 | 0.57 | 0.55 | 0.54 | 0.49 | 0.42 | 0.95 |
| Depreciation | 1.2 | 1.2 | 1.03 | 1.13 | 0.94 | 1.37 | 0.93 | 0.93 | 0.81 | 0.82 | 0.77 | 0.85 |
| Profit before tax | 0.02 | 0.26 | 0.39 | 0.04 | -0.49 | -0.18 | -1.21 | 1.35 | -0.31 | 0.44 | -0.32 | 0.38 |
| Tax % | 0 | 65.38 | 25.64 | 75 | -4.08 | -61.11 | -0.83 | -0.74 | -3.23 | 11.36 | -3.12 | 7.89 |
| Net Profit | 0.01 | 0.1 | 0.29 | 0 | -0.47 | -0.07 | -1.19 | 1.35 | -0.3 | 0.39 | -0.3 | 0.35 |
| EPS in Rs | 0.01 | 0.06 | 0.17 | 0 | -0.28 | -0.04 | -0.71 | 0.81 | -0.18 | 0.23 | -0.18 | 0.21 |

### Profit & Loss

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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 51.88 | 54.3 | 62.95 | 47.43 | 49.77 | 69.45 | 60.8 | 91.76 | 92.56 | 82.72 |
| Expenses | 43.29 | 47.46 | 56.78 | 44.52 | 47.83 | 66.96 | 59.83 | 91.21 | 92.18 | 80.82 |
| Operating Profit | 8.59 | 6.84 | 6.17 | 2.91 | 1.94 | 2.49 | 0.97 | 0.55 | 0.38 | 1.9 |
| OPM % | 16.56 | 12.6 | 9.8 | 6.14 | 3.9 | 3.59 | 1.6 | 0.6 | 0.41 | 2.3 |
| Other Income | 0.17 | 0.12 | 0.1 | 3.14 | 3.82 | 1.85 | 2.02 | 2.58 | 2.41 | 1.15 |
| Interest | 3.15 | 2.62 | 2.88 | 3.13 | 3.07 | 1.75 | 1.35 | 1.12 | 1.03 | 1.37 |
| Depreciation | 5.56 | 4.06 | 3.34 | 2.74 | 2.4 | 2.16 | 2.31 | 1.86 | 1.63 | 1.62 |
| Profit before tax | 0.05 | 0.28 | 0.05 | 0.18 | 0.29 | 0.43 | -0.67 | 0.15 | 0.13 | 0.06 |
| Tax % | 0 | -42.86 | -100 | -27.78 | 58.62 | 32.56 | -19.4 | -13.33 | 23.08 | 33.33 |
| Net Profit | 0.05 | 0.4 | 0.09 | 0.23 | 0.11 | 0.29 | -0.54 | 0.17 | 0.1 | 0.05 |
| EPS in Rs | 0.03 | 0.24 | 0.05 | 0.14 | 0.07 | 0.17 | -0.32 | 0.1 | 0.06 | 0.03 |
| Dividend Payout % | 0 | 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 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 | 16.75 |
| Reserves | 1.84 | 1.91 | 2.01 | 2.24 | 2.35 | 2.64 | 2.1 | 2.26 | 2.36 | 2.41 |
| Borrowings | 36.61 | 31.11 | 27.92 | 22.91 | 20.79 | 13.87 | 11.29 | 9.74 | 8.91 | 13.8 |
| Other Liabilities | 1.63 | 5.16 | 6.34 | 10.87 | 4.23 | 4.35 | 3.99 | 6.88 | 5.07 | 6.94 |
| Total Liabilities | 56.83 | 54.93 | 53.02 | 52.77 | 44.12 | 37.61 | 34.13 | 35.63 | 33.09 | 39.9 |
| Fixed Assets | 27.6 | 23.62 | 20.3 | 17.56 | 15.17 | 14.83 | 13.51 | 12.02 | 11.06 | 11.32 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.74 | 0.19 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.06 | 0 | 0 |
| Other Assets | 29.23 | 31.31 | 32.72 | 35.21 | 28.95 | 22.78 | 20.52 | 23.55 | 21.29 | 28.39 |
| Total Assets | 56.83 | 54.93 | 53.02 | 52.77 | 44.12 | 37.61 | 34.13 | 35.63 | 33.09 | 39.9 |

### 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 | 6.5 | 7.47 | 4.81 | 8.34 | 5.29 | 10.11 | 4.52 | 2.88 | 3.27 | 3.63 |
| Cash from Investing Activity | 0.07 | 0.04 | 1.3 | 0.01 | 0.01 | -1.69 | -0.99 | 0 | -1.44 | -6.2 |
| Cash from Financing Activity | -6.68 | -7.53 | -6.07 | -7.95 | -5.17 | -8.69 | -3.89 | -2.69 | -1.87 | 3.63 |
| Net Cash Flow | -0.1 | -0.02 | 0.03 | 0.41 | 0.13 | -0.28 | -0.37 | 0.2 | -0.04 | 1.07 |
| Free Cash Flow | 6.47 | 7.39 | 4.79 | 8.34 | 5.28 | 8.3 | 3.52 | 2.51 | 1.86 | 2.31 |
| CFO/OP | 76 | 109 | 83 | 290 | 275 | 416 | 472 | 524 | 874 | 195 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 81.19 | 98.61 | 108.43 | 127.52 | 112.35 | 81.99 | 42.5 | 31.03 | 25.59 | 22.5 |
| Inventory Days | 148.93 | 115.46 | 93.72 | 142.65 | 102.43 | 33.2 | 76.24 | 60.26 | 53.09 | 74.63 |
| Days Payable | 13.41 | 27.15 | 33.89 | 25.5 | 24.11 | 24.08 | 17.47 | 24.4 | 19.97 | 32.18 |
| Cash Conversion Cycle | 216.72 | 186.92 | 168.26 | 244.67 | 190.67 | 91.11 | 101.27 | 66.88 | 58.72 | 64.96 |
| Working Capital Days | 48.4 | 45.51 | 36.53 | 30.09 | 59.04 | 27.43 | 29.48 | 24.03 | 24.41 | 13.28 |
| ROCE % | 5.65 | 5.53 | 6.08 | 7.47 | 8.22 | 5.96 | 2.15 | 4.31 | 4.09 | 4.69 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.92% | 64.89% | 64.89% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.66% | 0.66% | 1.43% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 31.67% | 31.14% | 31.26% | 30.78% | 30.06% | 29.41% | 29.05% | 29.47% | 29.05% | 31.61% | 32.51% |
| Others | 3.4% | 3.94% | 3.82% | 4.3% | 5.02% | 5.67% | 5.37% | 4.96% | 4.6% | 3.49% | 2.6% |
| No. of Shareholders | 209 | 198 | 188 | 251 | 205 | 204 | 189 | 178 | 212 | 329 | 313 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 6 / 6 / 7

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 9.21 | Buy |
| EMA (10) | 9.25 | Sell |
| SMA (20) | 9.13 | Buy |
| EMA (20) | 9.04 | Buy |
| SMA (50) | 8.63 | Buy |
| EMA (50) | 9.68 | Sell |
| SMA (100) | 12.33 | Sell |
| EMA (100) | 11.97 | Sell |
| SMA (200) | 17.12 | Sell |
| EMA (200) | 14.46 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.47 | Neutral |
| MACD (12,26,9) | 0.18 | Buy |
| Stochastic (14,3,3) | 63.67 | Neutral |
| ADX (14) | 15.79 | Neutral |
| Williams %R (14) | -55.03 | Neutral |
| ATR (14) | 0.45 | High Volatility |
| ROC (12) | -6.4 | Sell |
| Stoch RSI (14) | 14.49 | Buy |
| UO (7,14,28) | 53.72 | Neutral |

## 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=410794da-3b00-435b-a3b4-bf38a6b4267e.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92808a07-82e1-42dc-87a3-4bc0c72b995f.pdf) |
| 2026-09-01 | [Notice Of 16Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a555be6-c539-4868-af0b-dc58ab7b41ec.pdf) |
| 2026-08-31 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad4c712b-106a-41f6-9a14-f562a5cd1ae5.pdf) |
| 2026-08-22 | [Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b7ab115-0ec2-42f6-a537-2bf6693d3b42.pdf) |
| 2026-08-22 | [Board Meeting Intimation for Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99c66cb6-fe2c-477d-99e7-8fe52d16f22c.pdf) |
| 2026-07-20 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80109bc9-cc3d-4246-8151-c4549b73d5dc.pdf) |
| 2026-05-29 | [Board Meeting Outcome for Outcome Of Board Meeting - AFR FY2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=babf4b5b-1d67-4db4-b1cf-cf49735f789e.pdf) |
| 2026-05-22 | [Board Meeting Intimation for Approval Of Financial Results For Year Ended On 31St March 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=875055c5-305a-42fe-8e29-4e0e76aaa48f.pdf) |
| 2026-04-10 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=03efba2e-0db7-4aab-9d62-0197d389f4b9.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Outcome Of Board Meeting - Audited Financial Results FY2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec4c29fe-945d-4cc5-858f-c39c7794d52f.pdf) |
| 2024-11-13 | [Outcome Of Board Meeting - Half Yearly Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e15c7964-df4c-45d8-b4ef-bf358fbbd6df.pdf) |
| 2024-05-25 | [Outcome Of Board Meeting - Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a6d4f8d-1aa5-42c8-81c8-85e6cc8caecb.pdf) |
| 2023-11-09 | [Outcome Of Board Meeting - Half Yearly Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3537e7c4-095d-4a23-9d85-8538c724543d.pdf) |
| 2023-05-29 | [Outcome Of Board Meeting - (Audited Financial Results)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad00b96a-4018-4a93-864d-c31155219d96.pdf) |
| 2022-11-14 | [Outcome Of Board Meeting (Half Yearly Financial Results)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=70508fdb-fe7c-4e80-bfe1-7ba224545ba5.pdf) |
| 2022-05-28 | [OUTCOME OF BOARD MEETING - AUDITED FINANCIAL RESULTS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3f9e52da-4d1e-4222-94e4-83fbabbeae71.pdf) |
| 2021-11-13 | [Board Meeting Outcome for Outcome Of Board Meeting - (Half Yearly Financial Results)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=112ad61d-217d-413e-b97d-1a353687635e.pdf) |
| 2021-06-21 | [Outcome Of Board Meeting - Audited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7acc3baf-b067-48bb-9049-fec5c4999e18.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Nov 2025 - Board meeting on 12 Nov 2025 to approve standalone unaudited H1 results (ended 30 Sep 2025). | [Board Meeting Intimation for Board Meeting 6 Nov 2025 - Board meeting on 12 Nov 2025 to approve standalone unaudited H1 results (ended 30 Sep 2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/acca85c9-8803-443d-adbf-56bf76c0dd56.pdf) |
| 24 Jan - Results for the Quarter ended on 31.12.2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Jan - Results for the Quarter ended on 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4225aa24-f983-4588-a8e8-70e0f3105947.pdf) |
| 24 Jan - Granted 2,690 ESOPs on 24-Jan-2026 at Rs.10 exercise price; vesting ≥1 year, 3-year exercise window. | [Announcement under Regulation 30 (LODR)-Issue of Securities 24 Jan - Granted 2,690 ESOPs on 24-Jan-2026 at Rs.10 exercise price; vesting ≥1 year, 3-year exercise window.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a3847374-3fbd-4eff-9609-459ee44bfe1c.pdf) |
| 24 Jan - Approved allotment of 71705 equity shares to the eligible employees. | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 24 Jan - Approved allotment of 71705 equity shares to the eligible employees.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50ae01f2-bf0e-49d1-8857-5cfa050bf3d3.pdf) |
| 21 Jan - Q3 FY26: Revenue ₹313.8cr (+52.5% YoY), PAT ₹48.14cr (+92.2%). | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 21 Jan - Q3 FY26: Revenue ₹313.8cr (+52.5% YoY), PAT ₹48.14cr (+92.2%).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63929737-30e0-409f-a6af-f296c4765be9.pdf) |
| 21 Jan - Earning presetation on the unaudited financial results for the nine months and quarter ended on 31-12-2025 | [Announcement under Regulation 30 (LODR)-Investor Presentation 21 Jan - Earning presetation on the unaudited financial results for the nine months and quarter ended on 31-12-2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/098e8742-32fe-4222-8902-9cbd1098c1a3.pdf) |
| 2 Mar - Board meeting on 06 Feb 2026 to approve allotment of 2,092 equity shares (Rs.10 each) under ESOP 2024. | [Board Meeting Intimation for To Consider And Approve Allotment Of 2092 Equity Shares Of Rs.10/-Each To The Eligible Employees/Grantees Pursuant To The Exercise Of Options Granted Under Piccadily Agro Employee Stock Option Plan 2024 2 Mar - Board meeting on 06 Feb 2026 to approve allotment of 2,092 equity shares (Rs.10 each) under ESOP 2024.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46cb6acb-daa2-490c-882c-4a7f350b367d.pdf) |
| 19 Jan - Registrar certificate: no dematerialisation requests for quarter ended 31 December 2025 (Bigshare). | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 19 Jan - Registrar certificate: no dematerialisation requests for quarter ended 31 December 2025 (Bigshare).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3325598-8aa7-494a-833a-887c791678dc.pdf) |
| 14h - Allotted 2,092 ESOP shares on 06-03-2026; paid-up capital increased to Rs.98,57,15,080. | [Board Meeting Outcome for Outcome Of Board Meeting Dated 06Th March, 2026 14h - Allotted 2,092 ESOP shares on 06-03-2026; paid-up capital increased to Rs.98,57,15,080.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c12531da-9a19-40dc-af48-9aa78cbd1e43.pdf) |
| 12 Nov 2025 - Unaudited H1FY26 results: net sales Rs3658.94 lakh, net loss Rs30.21 lakh; limited review approved 12 Nov 2025. | [Board Meeting Outcome for Outcome Of Board Meeting - UFR H1 FY26 12 Nov 2025 - Unaudited H1FY26 results: net sales Rs3658.94 lakh, net loss Rs30.21 lakh; limited review approved 12 Nov 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/414458e6-9824-41a8-ac37-9f6361f09978.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/428cb101-9db0-4ae2-860f-ebf9be7bceb8.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ec58406-dbea-40b4-a295-0edfa1a0b404.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0d4fba6-704d-46e7-8f23-5f95fc3dd357.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c84d6b0-dd5e-4da3-913d-e99cd585ddd8.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec836cff-71a2-465e-a90c-12508fba0df2.pdf) |
| Aug 2024 | [Concall - Aug 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89b2e93a-4635-4a8a-a155-2a6e345ac278.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c17c76f-6190-4b6a-9ebf-87af328f2fcc.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5dc1d1f-888f-4d7d-a239-24df1d818bca.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a762f1f5-66c2-43d6-bb76-602c3eac631c.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/21b43261-f80c-45e6-b922-337e65902621.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3a1db82-6803-4c05-bd26-964f1bb7a6b7.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de0eb1de-9e96-47cc-896a-e1e9ce74174e.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/540938/77345540938.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/530305/75852530305.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/540938/70556540938.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/530305/70903530305.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 2026-09-13T19:53:52.690Z.