---
title: "Northern Spirits Ltd (542628) — Share Price, Financials & Analysis"
symbol: "542628"
company: "Northern Spirits Ltd"
canonical: "https://tapetide.com/stocks/542628"
isin: "INE01BL01012"
nse_symbol: "NORTHERNSPIRITSLTD"
bse_code: "542628"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 207.9
generated_at: "2026-09-13T18:38:03.284Z"
---

# Northern Spirits Ltd (542628)

Canonical page: https://tapetide.com/stocks/542628

## Company

- **NSE Symbol:** NORTHERNSPIRITSLTD
- **BSE Code:** 542628
- **ISIN:** INE01BL01012
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2019-04-04
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** northernspirits.co.in

## About

Incorporated in 2012, Northern Spirits Ltd imports and distributes alcoholic beverages and liquor[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:51:08.577898Z.

- **Market Cap:** ₹207.9 Cr
- **Classification:** Microcap
- **P/E (reported):** 7.2
- **EPS (TTM):** ₹18.08
- **EPS (reported):** ₹10.32
- **Book Value:** ₹92.93
- **Price to Book:** 1.4
- **Dividend Yield:** 0.27%
- **ROE:** 18.2%
- **ROCE:** 34.13%
- **Debt to Equity:** 1.4
- **Revenue (yearly):** ₹2310.9 Cr
- **Net Income:** ₹27.1 Cr
- **EBITDA:** ₹51.8 Cr
- **52-Week High:** ₹192.85
- **52-Week Low:** ₹96.6
- **RSI (14):** 45.81

## Tapetide Score

- **Score:** 57 / 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: Cheap · Momentum: Rising
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 43.15 | 9% |
| growth | 59.17 | 9% |
| momentum | 75.3 | 12% |
| ownership | 50 | 24% |
| quality | 53.56 | 22% |
| valuation | 61.7 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 55.7% CAGR over last 5 years
- Company's median sales growth is 57.2% of last 10 years
- Company's working capital requirements have reduced from 17.4 days to 13.2 days

### Weaknesses

- Company might be capitalizing the interest cost
- Promoters have pledged 44.8% of their holding.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 210.68% | 125.47% | — |
| ebitda margin growth | 52.25% | -7.82% | -12.5% | -54.19% |
| net income growth | 86% | 17.83% | 35% | 56% |
| revenue growth | -2.84% | 18.9% | 37% | 72% |
| roce | — | -9.3% | 12.83% | 28.53% |
| roe | — | -2.83% | 17.83% | 119.28% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2021 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 111.68 | 314.18 | 324.45 | 460.56 | 487.41 | 528.17 | 466.48 | 534.12 | 562.68 | 596.24 | 615.92 | 598.79 |
| Expenses | 104.16 | 305.95 | 315.9 | 450.94 | 478 | 507.03 | 460.19 | 520.6 | 548.99 | 583.65 | 605.76 | 582.44 |
| Operating Profit | 7.52 | 8.23 | 8.55 | 9.62 | 9.41 | 21.14 | 6.29 | 13.52 | 13.69 | 12.59 | 10.16 | 16.35 |
| OPM % | 6.73 | 2.62 | 2.64 | 2.09 | 1.93 | 4 | 1.35 | 2.53 | 2.43 | 2.11 | 1.65 | 2.73 |
| Other Income | 0.46 | 0.22 | 0.37 | 0 | 0.5 | 0.13 | 0.23 | 0.34 | 0.36 | 0.25 | 0.91 | 0.5 |
| Interest | 3.06 | 1.95 | 1.98 | 1.5 | 2.56 | 9.1 | 3.02 | 4.02 | 3.94 | 3.19 | 3.89 | 4.53 |
| Depreciation | 0.06 | 0.06 | 0.08 | 0.06 | 0.05 | 0.05 | 0.13 | 0.13 | 0.13 | 0.2 | 0.16 | 0.12 |
| Profit before tax | 4.86 | 6.44 | 6.86 | 8.06 | 7.3 | 12.12 | 3.37 | 9.71 | 9.98 | 9.45 | 7.02 | 12.2 |
| Tax % | 25.72 | 23.91 | 29.3 | 24.69 | 23.29 | 24.01 | 37.69 | 24 | 24.05 | 24.02 | 29.2 | 24.02 |
| Net Profit | 3.61 | 4.89 | 4.85 | 6.07 | 5.6 | 9.21 | 2.09 | 7.38 | 7.59 | 7.18 | 4.98 | 9.27 |
| EPS in Rs | 2.25 | 3.05 | 3.02 | 3.78 | 3.49 | 5.74 | 1.3 | 4.6 | 4.73 | 4.47 | 3.1 | 5.78 |

### 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 | 25 | 110 | 154 | 152 | 268 | 905 | 1235 | 1943 | 2309 | 2374 |
| Expenses | 23 | 90 | 146 | 143 | 255 | 883 | 1204 | 1896 | 2259 | 2321 |
| Operating Profit | 2 | 20 | 8 | 8 | 13 | 23 | 31 | 46 | 50 | 53 |
| OPM % | 7 | 18 | 5 | 5 | 4.8 | 2.5 | 2.5 | 2.4 | 2.2 | 2.2 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 2 |
| Interest | 0 | 5 | 3 | 4 | 5 | 8 | 9 | 16 | 15 | 16 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 1 | 15 | 5 | 4 | 8 | 15 | 22 | 31 | 36 | 39 |
| Tax % | 25 | 35 | 28 | 28 | 25 | 25 | 26 | 26 | 25 | — |
| Net Profit | 1 | 10 | 4 | 3 | 6 | 11 | 17 | 23 | 27 | 29 |
| EPS in Rs | 8.46 | 8.56 | 2.25 | 1.85 | 3.74 | 6.93 | 10.32 | 14.31 | 16.91 | 18.08 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 21 | — |

### 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 | 0.41 | 1 | 12 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 1 | 5 | 29 | 47 | 50 | 56 | 67 | 84 | 107 | 133 |
| Borrowings | 2 | 5 | 45 | 43 | 57 | 68 | 95 | 138 | 171 | 209 |
| Other Liabilities | 9 | 9 | 8 | 2 | 2 | 2 | 4 | 1 | 1 | 23 |
| Total Liabilities | 13 | 21 | 94 | 108 | 125 | 142 | 183 | 239 | 295 | 381 |
| Fixed Assets | 5 | 5 | 11 | 10 | 10 | 10 | 10 | 11 | 12 | 11 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8 | 16 | 83 | 98 | 115 | 132 | 172 | 228 | 283 | 370 |
| Total Assets | 13 | 21 | 94 | 108 | 125 | 142 | 183 | 239 | 295 | 381 |

### 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 | 1 | -7 | -50 | -12 | -10 | 0 | -22 | -29 | -7 | 7 |
| Cash from Investing Activity | 0 | 0 | -6 | 0 | 0 | 0 | 0 | 0 | -1 | 0 |
| Cash from Financing Activity | 0 | 2 | 20 | 15 | 4 | -3 | 104 | 34 | 17 | 22 |
| Net Cash Flow | 0 | -5 | -36 | 3 | -7 | -3 | 81 | 4 | 9 | 29 |
| Free Cash Flow | 0 | -7 | -56 | -12 | -10 | 0 | -23 | -30 | -8 | 7 |
| CFO/OP | 119 | -422 | -250 | -145 | -123 | 1 | -98 | -95 | -15 | 15 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 96 | 122 | 124 | 94 | 113 | 86 | 43 | 42 | 31 | 30 |
| Inventory Days | 70 | 146 | 160 | 112 | 110 | 67 | 23 | 20 | 17 | 22 |
| Days Payable | 76 | 63 | 7 | 1 | 0 | 0 | 0 | 0 | 0 | 4 |
| Cash Conversion Cycle | 91 | 206 | 277 | 205 | 222 | 154 | 66 | 62 | 49 | 48 |
| Working Capital Days | -45 | 90 | 87 | 114 | 141 | 84 | 30 | 23 | 16 | 13 |
| ROCE % | 28 | 21 | 41 | 9 | 7 | 10 | 14 | 15 | 18 | 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 | 66.97% | 66.97% | 66.97% | 66.97% | 66.97% | 66.97% | 66.97% | 66.97% | 66.97% | 66.97% | 66.97% | 66.97% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.37% | 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 | 24.37% | 24.37% | 23.78% | 22.16% | 21.94% | 22.56% | 22.43% | 22.37% | 21.1% | 22.09% | 22.01% | 22.09% |
| Others | 8.67% | 8.66% | 9.25% | 10.87% | 11.1% | 10.48% | 10.6% | 10.66% | 11.56% | 10.94% | 11.02% | 10.94% |
| No. of Shareholders | 380 | 414 | 722 | 1313 | 1723 | 3299 | 4120 | 4160 | 4188 | 4607 | 4658 | 4686 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 3 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 132.35 | Sell |
| EMA (10) | 131.02 | Sell |
| SMA (20) | 132.01 | Sell |
| EMA (20) | 131.38 | Sell |
| SMA (50) | 131.11 | Sell |
| EMA (50) | 130.81 | Sell |
| SMA (100) | 129.7 | Sell |
| EMA (100) | 130.89 | Sell |
| SMA (200) | 132.41 | Sell |
| EMA (200) | 137.33 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.06 | Neutral |
| MACD (12,26,9) | -0.19 | Sell |
| Stochastic (14,3,3) | 17.2 | Buy |
| ADX (14) | 14.96 | Neutral |
| Williams %R (14) | -85.84 | Buy |
| ATR (14) | 6.31 | High Volatility |
| ROC (12) | 0.98 | Buy |
| Stoch RSI (14) | 17.07 | Buy |
| UO (7,14,28) | 28.38 | Buy |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a1fce37-e4a3-4d6c-b265-fb531ae97eeb.pdf) |
| 2026-08-29 | [Shareholders Meeting - Annual General Meeting On September 23 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c5828e2-e05b-4936-a55e-ed7eaf35d096.pdf) |
| 2026-08-29 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c93313d-4200-42e8-9d3c-5b694863c531.pdf) |
| 2026-08-29 | [Corporate Action- Fixes Book Closure For The Purpose Of AGM And Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8660c3bb-5c9d-4336-90f6-4be5ea31e3a9.pdf) |
| 2026-08-29 | [Corporate Action- Fixes Record Date 16.09.2026 To Determine Shareholders Eligible To Receive Dividend If Approved At The AGM.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=01cd218f-4cae-419e-8c28-442727cf419a.pdf) |
| 2026-08-29 | [Announcement Under Regulation 30(LODR) - Updates- Communication To Shareholders W.R.T Tax Deduction At Source On Dividend Payout](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8443cab5-f2a6-47c8-9d5e-bae81af23929.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12274e97-7030-4a3f-aafa-79c1c2381bb1.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c86a53cb-88ca-452a-b895-75bd5f1600d6.pdf) |
| 2026-08-05 | [Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter Ended 30Th June 2026 And Other Business Matters](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c57eaf1a-8818-4211-ad72-f83cd24ad957.pdf) |
| 2026-08-03 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 03.08.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e793b1b-1998-47c5-9882-87228779367d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results-Financial Results For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14b913a8-5ee8-4a1b-858c-b409850d7f96.pdf) |
| 2026-05-26 | [Results-Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd6bf592-1691-48ca-b36c-386326546706.pdf) |
| 2026-02-09 | [Results- Financial Results For December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1702f46e-69cb-4f1c-8484-e42df7a72cb7.pdf) |
| 2025-11-06 | [Results-Financial Results For The Period 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=553fd228-a1b5-4761-a428-fc4b77be7509.pdf) |
| 2025-08-07 | [Results- Financial Results For The Period 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41150a86-1316-42fc-8176-8958f3b285a7.pdf) |
| 2025-05-28 | [Results-Financial Results For 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1229f3c7-070c-489d-bef4-e934a8c8b705.pdf) |
| 2025-02-11 | [Results- Financial Results For The Period 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f8f30c3-be57-4fca-9ca2-59c5618e9c81.pdf) |
| 2024-11-14 | [Results-Financial Results For 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8566db78-2850-4c84-89ed-0785320d99db.pdf) |
| 2024-06-19 | [Re-Submission Of Audited Financial Results For The Period Ended March 31, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a46e57bc-ec65-4036-b412-2beff923a8a2.pdf) |
| 2024-05-29 | [Results-Financial Results For The Period 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eed9eae8-16a3-49d4-9f6e-9ca3c678b0f2.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Board approved unaudited results for quarter and nine months ended 31 Dec 2025; revenue Rs59,624.41. | [Board Meeting Outcome for Outcome For Board Meeting Approving The Unaudited Financial Results For The Period 31.12.2025 9 Feb - Board approved unaudited results for quarter and nine months ended 31 Dec 2025; revenue Rs59,624.41.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6956865f-afc6-4ee6-beb4-f5b3aaf2d5bc.pdf) |
| 9 Feb - Approved unaudited results for quarter/nine months ended 31-Dec-2025; revenue Rs59,624.41 lakh; limited review unmodified. | [Results- Financial Results For December 31, 2025 9 Feb - Approved unaudited results for quarter/nine months ended 31-Dec-2025; revenue Rs59,624.41 lakh; limited review unmodified.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1702f46e-69cb-4f1c-8484-e42df7a72cb7.pdf) |
| 8 Jan - Registrar Maheshwari Datamatics submitted Reg.74(5) certificate for quarter ended 31 December 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Jan - Registrar Maheshwari Datamatics submitted Reg.74(5) certificate for quarter ended 31 December 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/27868aa7-e488-426d-a57d-fff2762d1efe.pdf) |
| 6 Feb - Q3 results: Rs.411 lakh nine-month loss; net worth eroded; CIRP ongoing; CoC approved Fab Metals plan pending NCLT. | [Unaudited Financial Results (Standalone And Consolidated) Of Premier Limited ('The Company') For The Quarter Ended 31St December 2025. 6 Feb - Q3 results: Rs.411 lakh nine-month loss; net worth eroded; CIRP ongoing; CoC approved Fab Metals plan pending NCLT.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fdf08f6a-4090-4ee1-9832-9f3fbf589844.pdf) |
| 6 Feb - Premier reports Rs.411 lakh nine-month loss; net worth eroded; under CIRP; CoC-approved resolution plan pending NCLT approval. | [Board Meeting Outcome for Unaudited Financial Results (Standalone And Consolidated) Of Premier Limited ('The Company') For The Quarter Ended 31St December 2025. 6 Feb - Premier reports Rs.411 lakh nine-month loss; net worth eroded; under CIRP; CoC-approved resolution plan pending NCLT approval.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7df199e8-40c4-4ba7-a3ca-309da8521f3f.pdf) |
| 6 Apr - Submission of certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2026 as received from the Registrar and … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submission of certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 for the quarter ended 31st March, 2026 as received from the Registrar and …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de150497-9174-44b2-a661-e86d096e90d6.pdf) |
| 3 Feb - Board meeting Feb 06, 2026 to approve unaudited quarter ended Dec 31, 2025 results; trading window Jan 1–Feb 8. | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Friday, February 06, 2026 At 02:30 P.M. 3 Feb - Board meeting Feb 06, 2026 to approve unaudited quarter ended Dec 31, 2025 results; trading window Jan 1–Feb 8.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f55de7db-4229-4e15-b663-9bb80b7db2f2.pdf) |
| 27 Apr - Northern Spirits says it is not a Large Corporate under SEBI circulars. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 27 Apr - Northern Spirits says it is not a Large Corporate under SEBI circulars.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ed77fe0-4bc6-422b-9861-050c0f19b7de.pdf) |
| 2 Feb - Board meeting Feb 09,2026 to approve unaudited quarter and nine-month results ended Dec 31,2025; trading window closed till Feb 11. | [Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2025. 2 Feb - Board meeting Feb 09,2026 to approve unaudited quarter and nine-month results ended Dec 31,2025; trading window closed till Feb 11.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35c12196-f3a6-43d0-95f6-d19779577da1.pdf) |
| 13 Jan - Depositories and Participants) Regulations, 2018, please find enclosed herewith a Confirmation Certificate dated January 12, 2026, received from the Registrar and Share Transfer Agent i.e. … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - Depositories and Participants) Regulations, 2018, please find enclosed herewith a Confirmation Certificate dated January 12, 2026, received from the Registrar and Share Transfer Agent i.e. …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ffd22f73-c728-46bc-807f-4b7acfca2738.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f22b9b63-9db6-42bf-95c8-73fd414c0fac.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4bc1118b-e5ff-4e3a-9bb8-94c09bd708ef.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b306950-f544-497e-a77c-108b010bbed4.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c3053b0-9708-407c-9ee3-9dbd9aeea8cb.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11169c10-20b0-465d-ac7b-d74fcace2406.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cee68b8a-314c-4989-93e6-c139d388bd12.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/542628/74448542628.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500540/77135500540.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/542628/71519542628.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500540/72831500540.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 2026-09-13T18:38:03.284Z.
