---
title: "Promax Power Ltd (543375) — Share Price, Financials & Analysis"
symbol: "543375"
company: "Promax Power Ltd"
canonical: "https://tapetide.com/stocks/543375"
isin: "INE0I2F01015"
nse_symbol: "PROMAXLTD"
bse_code: "543375"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 30
generated_at: "2026-09-13T18:34:55.686Z"
---

# Promax Power Ltd (543375)

Canonical page: https://tapetide.com/stocks/543375

## Company

- **NSE Symbol:** PROMAXLTD
- **BSE Code:** 543375
- **ISIN:** INE0I2F01015
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2021-10-12
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** promax.co.in

## About

Incorporated in 2004, Promax Power 
Ltd is involved in executing turnkey 
power, substations, transmission 
lines, and other activities[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:35:17.040875Z.

- **Market Cap:** ₹30 Cr
- **Classification:** SME
- **P/E (reported):** 35.3
- **EPS (reported):** ₹0.25
- **Book Value:** ₹12.36
- **Price to Book:** 0.97
- **Dividend Yield:** 0%
- **ROE:** 3.03%
- **ROCE:** 8.94%
- **Debt to Equity:** 0.97
- **Revenue (yearly):** ₹55 Cr
- **Net Income:** ₹0.7 Cr
- **EBITDA:** ₹2.2 Cr
- **52-Week High:** ₹34
- **52-Week Low:** ₹10
- **RSI (14):** 17.82

## Key Insights

### Strengths

- Stock is trading at 0.97 times its book value

### 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 5.39% over last 3 years.
- Contingent liabilities of Rs.10.2 Cr.
- Promoter holding has decreased over last 3 years: -5.77%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -278.68% | -646.98% | -13.5% |
| ebitda margin growth | 0% | 9.21% | 54.41% | — |
| net income growth | -66.67% | 250% | 16% | 34% |
| revenue growth | 47.75% | 38.19% | 9% | 14% |
| roce | -6.25% | -45.69% | -40.24% | — |
| roe | -74.19% | 1.34% | 4.94% | — |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 24.32 | 20.86 | 20.86 | 21.88 | 32.69 | 28.72 | 31.54 | 29.35 | 37.08 | 36.33 | 34.4 |
| Expenses | 23.71 | 19.99 | 19.99 | 21.05 | 31.72 | 27.41 | 29.53 | 27.03 | 34.76 | 33.71 | 33.87 |
| Operating Profit | 0.61 | 0.87 | 0.87 | 0.83 | 0.97 | 1.31 | 2.01 | 2.32 | 2.32 | 2.62 | 0.53 |
| OPM % | 2.51 | 4.17 | 4.17 | 3.79 | 2.97 | 4.56 | 6.37 | 7.9 | 6.26 | 7.21 | 1.54 |
| Other Income | 0.19 | 0.11 | 0.11 | 0.31 | 0.1 | 0.08 | 0.17 | 0.18 | 0.2 | 0.27 | 0.22 |
| Interest | 0.53 | 0.58 | 0.58 | 0.73 | 0.89 | 0.83 | 0.91 | 0.78 | 1.06 | 1.06 | 1.43 |
| Depreciation | 0.05 | 0.06 | 0.06 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Profit before tax | 0.22 | 0.34 | 0.34 | 0.38 | 0.15 | 0.53 | 1.24 | 1.69 | 1.43 | 1.8 | -0.71 |
| Tax % | 45.45 | 14.71 | 14.71 | -52.63 | 26.67 | 16.98 | 25.81 | 24.85 | 25.87 | 24.44 | 33.8 |
| Net Profit | 0.12 | 0.29 | 0.29 | 0.59 | 0.12 | 0.44 | 0.93 | 1.27 | 1.07 | 1.36 | -0.94 |
| EPS in Rs | 0.14 | 0.33 | 0.24 | 0.49 | 0.05 | 0.22 | 0.46 | 0.51 | 0.43 | 0.54 | -0.38 |

### Profit & Loss

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 7.76 | 36.87 | 39.58 | 54.57 | 60.26 | 66.42 | 70.73 |
| Expenses | 0 | 7.34 | 35.81 | 38.06 | 52.77 | 56.93 | 61.79 | 67.58 |
| Operating Profit | 0 | 0.42 | 1.06 | 1.52 | 1.8 | 3.33 | 4.63 | 3.15 |
| OPM % | — | 5.41 | 2.87 | 3.84 | 3.3 | 5.53 | 6.97 | 4.45 |
| Other Income | 0 | 0 | 0.38 | 0.17 | 0.41 | 0.25 | 0.39 | 0.49 |
| Interest | 0 | 0 | 0.65 | 1.29 | 1.62 | 1.75 | 1.84 | 2.49 |
| Depreciation | 0 | 0 | 0.1 | 0.1 | 0.05 | 0.05 | 0.05 | 0.05 |
| Profit before tax | 0 | 0.42 | 0.69 | 0.3 | 0.54 | 1.78 | 3.13 | 1.1 |
| Tax % | — | 23.81 | 36.23 | 33.33 | -29.63 | 23.03 | 24.92 | 21.82 |
| Net Profit | 0 | 0.31 | 0.43 | 0.2 | 0.71 | 1.37 | 2.34 | 0.86 |
| EPS in Rs | — | — | 0.49 | 0.17 | 0.28 | 0.68 | 0.94 | 0.34 |
| Dividend Payout % | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.01 | 0.01 | 4.4 | 6 | 12.5 | 12.5 | 25 | 25 |
| Reserves | 0 | 0.31 | 0.49 | 0.69 | 10.8 | 15.2 | 5.05 | 5.9 |
| Borrowings | 0 | 11.2 | 6.09 | 9.72 | 0.75 | 13.06 | 19.38 | 29.9 |
| Other Liabilities | 0 | 9.15 | 9.45 | 11.91 | 16.63 | 20.32 | 17.36 | 5.29 |
| Total Liabilities | 0.01 | 20.67 | 20.43 | 28.32 | 40.68 | 61.08 | 66.79 | 66.09 |
| Fixed Assets | 0 | 1.89 | 2.52 | 2.33 | 0.46 | 0.41 | 0.35 | 0.32 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.01 | 0.01 | 0.01 | 4.85 | 4.61 | 4.62 |
| Other Assets | 0.01 | 18.78 | 17.9 | 25.98 | 40.21 | 55.82 | 61.83 | 61.15 |
| Total Assets | 0.01 | 20.67 | 20.43 | 28.32 | 40.68 | 61.08 | 66.79 | 66.09 |

### Cash Flow

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

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -6.66 | 3.15 | -4.55 | -17.29 | 1.99 | -3.01 | -9.86 |
| Cash from Investing Activity | 0 | -1.8 | -1.63 | 0.1 | 2.22 | -4.59 | 0.39 | 0.49 |
| Cash from Financing Activity | 0 | 11.2 | -1.26 | 5.12 | 14.73 | 4.58 | 4.48 | 8.03 |
| Net Cash Flow | 0 | 2.75 | 0.26 | 0.67 | -0.34 | 1.98 | 1.85 | -1.35 |
| Free Cash Flow | 0 | -8.55 | 2.42 | -4.45 | -15.26 | 1.99 | -3.01 | -9.86 |
| CFO/OP | — | -1562 | 298 | -299 | -953 | 72 | -48 | -305 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 333.02 | 64.74 | 97.38 | 78.79 | 144.82 | 116.56 | 107.08 |
| Inventory Days | — | 410.81 | 77.74 | 116.28 | 95.16 | 97.25 | 129.87 | 147.54 |
| Days Payable | — | 449.65 | 97.48 | 103.63 | 39.84 | 116.81 | 74.52 | 17.65 |
| Cash Conversion Cycle | — | 294.18 | 45 | 110.02 | 134.11 | 125.27 | 171.9 | 236.97 |
| Working Capital Days | — | 110.53 | 16.73 | 20.38 | 135.71 | 105.51 | 110.51 | 125.14 |
| ROCE % | — | 7.29 | 8.71 | 11.61 | 9.64 | 10.89 | 11.02 | 6.51 |

## 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 | 72.32% | 64.8% | 64.8% | 71.2% | 69.24% | 69.24% | 69.25% | 69.26% | 69.25% | 69.25% | 68.97% | 68.97% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.02% | 0% | 0.02% | 0.11% | 0.11% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% | 0.09% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 17.99% | 20.2% | 20.24% | 20.16% | 21.65% | 21.88% | 22.53% | 22.48% | 22.38% | 22.4% | 22.34% | 22.27% |
| Others | 9.67% | 15% | 14.94% | 8.53% | 9% | 8.79% | 8.13% | 8.17% | 8.28% | 8.26% | 8.6% | 8.67% |
| No. of Shareholders | 135 | 133 | 186 | 198 | 302 | 365 | 380 | 374 | 373 | 380 | 365 | 370 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 7 / 7

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 11.62 | Buy |
| EMA (10) | 11.94 | Buy |
| SMA (20) | 11.82 | Buy |
| EMA (20) | 12.22 | Sell |
| SMA (50) | 14.08 | Sell |
| EMA (50) | 13.9 | Sell |
| SMA (100) | 16.96 | Sell |
| EMA (100) | 17.12 | Sell |
| SMA (200) | 23.69 | Sell |
| EMA (200) | 23.63 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 46.22 | Neutral |
| MACD (12,26,9) | -0.56 | Buy |
| Stochastic (14,3,3) | 70.26 | Neutral |
| ADX (14) | 23.96 | Neutral |
| Williams %R (14) | -33.33 | Neutral |
| ATR (14) | 0.83 | High Volatility |
| ROC (12) | 3 | Buy |
| Stoch RSI (14) | 74.19 | Neutral |
| UO (7,14,28) | 62.92 | 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=52f5769d-dd93-4754-a95b-caf79d4fce06.pdf) |
| 2026-09-07 | [Board Meeting Outcome for Outcome Of Board Meeting In Accordance With Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5785d50c-9ac5-4e31-b6df-9955b8a6c830.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d548f59-10da-4f21-88e0-43f3cfe98adb.pdf) |
| 2026-09-07 | [Announcement Under Regulation 30 (LODR) - Notice Of 9Th AGM Along With Annual Report 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47356c76-e4ef-4080-b557-1cc373316be3.pdf) |
| 2026-09-07 | [Shareholder Meeting On 30Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87ddeba8-7fda-4a1d-bcda-7b4a32b2b556.pdf) |
| 2026-07-14 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26d92679-5511-4530-8564-52839174fd7a.pdf) |
| 2026-05-30 | [Board Meeting Outcome for Board Meeting Outcome For Outcome Of Board Meeting And Submission Of Audited Standalone Financial Results For The Half Year And Year Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a94e32cc-1c8a-4693-becd-a915ca548a12.pdf) |
| 2026-05-27 | [Board Meeting Intimation for Board Meeting For Consideration Of Standalone Audited Financial Results For The Financial Year 2025-26 Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d7e3f39-04b4-4fb6-9f38-9b93a4aceba7.pdf) |
| 2026-05-11 | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf136146-bfb8-44c0-8c82-1c3e3f9ff662.pdf) |
| 2026-05-11 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97dda570-b00d-4cf8-95ec-f2cc6b2ab3e0.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Results - Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=144ef6f5-5c23-4ce8-b9af-8740311c5b90.pdf) |
| 2025-11-14 | [Results - Financial Results For The 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ec42aef-c6d6-4197-b862-b59c20771919.pdf) |
| 2025-05-30 | [Results-Financial Results For March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3986ab21-cae9-49d6-90b2-35e076bcea88.pdf) |
| 2024-11-14 | [Results-Financial Results For September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19dabd66-c887-475c-acee-191eaf82e6e3.pdf) |
| 2024-05-30 | [Results- Financial Results For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c2223af-07ff-4ed7-bc26-9152b80ca636.pdf) |
| 2023-11-14 | [Results-Financial Results For September 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b62d2b19-20bd-432a-8f31-6786101b1280.pdf) |
| 2023-05-29 | [Financial Results For The Half And Year Ended March 31, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61359317-5d0e-48a3-a14d-571ce19dd044.pdf) |
| 2022-11-14 | [Results-Financial Results For 30Th September, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9c1e97b6-c3be-4556-874c-1b5dc48d151d.pdf) |
| 2022-11-14 | [Results-Financial Results For 30Th September, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8ba43f9-2ba8-41cd-8397-ca0a71e34e28.pdf) |
| 2022-05-23 | [<BR> Standalone And Consolidated Audited Financial Results For The Quarter And Year Ended 31.03.2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c68b0b7-a671-4a6a-9630-df767ab06100.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Postal ballot notice seeks approval for M/s Manish Jain & Associates as statutory auditor from December 25, 2025. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 9 Apr - Postal ballot notice seeks approval for M/s Manish Jain & Associates as statutory auditor from December 25, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ae615fc-7b01-49de-966f-e60fd99506a8.pdf) |
| 8 Jan - LOA: 6.0 MW BOO solar project from HESCOM; 25-year term; ₹2.97/unit; ₹70–75 crore estimate. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 8 Jan - LOA: 6.0 MW BOO solar project from HESCOM; 25-year term; ₹2.97/unit; ₹70–75 crore estimate.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a52dad0a-88fa-4ec5-9cf0-560fec844a33.pdf) |
| 7 Apr - Submitted Regulation 74(5) depository certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) depository certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e6013f3d-8a36-4c4c-a46e-2a20f7e15be6.pdf) |
| 5 Dec 2025 - Promax Power: Statutory auditor Raj Gupta & Co. resigned effective Dec 5, 2025; cited pre-occupation. | [Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors 5 Dec 2025 - Promax Power: Statutory auditor Raj Gupta & Co. resigned effective Dec 5, 2025; cited pre-occupation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b725344c-ecf0-4cb7-87ef-156d711efb51.pdf) |
| 3 Mar - Transcript of Earnings Call held on February 27, 2026. Please take above information on record and oblige. | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 3 Mar - Transcript of Earnings Call held on February 27, 2026. Please take above information on record and oblige.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/93df00d6-a711-41ac-b066-d5ca6583839f.pdf) |
| 3 Mar - RACL Geartech won 'Outstanding Social Responsibility' at Gear Technology India Awards 2026. | [General Updates 3 Mar - RACL Geartech won 'Outstanding Social Responsibility' at Gear Technology India Awards 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7d7b7b2c-9bc2-4f64-9a92-57e0be0364df.pdf) |
| 3 Feb - Promax Power acquired 63.76% of Promax Solar One Hubli SPV on 02/02/2026 for 6.0 MW RESCO solar project (HESCOM). | [Announcement under Regulation 30 (LODR)-Acquisition 3 Feb - Promax Power acquired 63.76% of Promax Solar One Hubli SPV on 02/02/2026 for 6.0 MW RESCO solar project (HESCOM).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/514cc930-0213-4a4c-9db3-e7cb4c4f09d8.pdf) |
| 27 Feb - Investor conference call held Feb 27, 2026; audio recording posted on company website. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 27 Feb - Investor conference call held Feb 27, 2026; audio recording posted on company website.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9dc8ba2f-cb2a-4504-a5af-ff591e7d4503.pdf) |
| 27 Feb - Announcement under Regulation 30 of SEBI(LODR) Regulations, 2015, we hereby submit Investor Presentation for upcoming earnings concall to be held on February 27, 2026 at … | [Announcement under Regulation 30 (LODR)-Investor Presentation 27 Feb - Announcement under Regulation 30 of SEBI(LODR) Regulations, 2015, we hereby submit Investor Presentation for upcoming earnings concall to be held on February 27, 2026 at …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/518fa1fe-b0d7-4cde-943c-66cedbd81c50.pdf) |
| 26 Feb - Extract of newspaper publication for your perusal. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Feb - Extract of newspaper publication for your perusal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f99e0317-c38b-4f90-b056-6276e5953906.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2023 | [Concall - Sep 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5007481e-ecee-43f3-ac43-65259cc65a34.pdf) |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9afc0bb4-0060-4f9c-a36e-a1eb02a1ac86.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d05f8b77-b24d-4b49-b25c-13e23f49f999.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7740258-4c2c-4e67-af26-5d52f0907fe5.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ea1fbc4-1712-4fd4-98fd-c2561903529e.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dd7def5c-03d8-406e-bbbb-a8a27daa5fe6.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cab3bd1-327f-4efd-98c7-85e51fd60fa5.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/32b5f026-973c-4423-be29-bdb88b5dbab9.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ae7e7cc-d821-4eff-9f13-6419c1ee6108.pdf) |
| Mar 2024 | [Concall - Mar 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c01dc442-f2ff-493f-ba19-3d0edfbdc8be.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d156054d-d30e-4b39-9a05-e161e93238a6.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/825cfb80-3808-4326-b4ca-9c09da084055.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/776792d2-cfc3-48c5-8bfe-54e374f34ea1.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea219c31-918e-4303-bd76-78243b1ad51e.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e7670cb3-1df7-4972-a592-be92a688048f.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543375/77162543375.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/520073/74166520073.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/520073/70491520073_11_09_21.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/520073/65228520073.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/520073/5200730319.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 2026-09-13T18:34:55.686Z.
