---
title: "Nanavati Ventures Ltd (543522) — Share Price, Financials & Analysis"
symbol: "543522"
company: "Nanavati Ventures Ltd"
canonical: "https://tapetide.com/stocks/543522"
isin: "INE0E5R01017"
nse_symbol: "NANAVATIVENTURESLTD"
bse_code: "543522"
sector: "Metals & Mining"
industry: "Precious Metals"
market_cap_cr: 38.2
generated_at: "2026-09-13T19:33:39.611Z"
---

# Nanavati Ventures Ltd (543522)

Canonical page: https://tapetide.com/stocks/543522

## Company

- **NSE Symbol:** NANAVATIVENTURESLTD
- **BSE Code:** 543522
- **ISIN:** INE0E5R01017
- **Sector:** Metals & Mining
- **Industry:** Precious Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2022-05-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** nventures.co.in

## About

Incorporated in 2010, Nanavati Ventures Ltd 
is engaged in the business of diamond trading.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:45:37.949999Z.

- **Market Cap:** ₹38.2 Cr
- **Classification:** SME
- **P/E (reported):** 511.3
- **EPS (reported):** ₹0.43
- **Book Value:** ₹48.28
- **Price to Book:** 1.69
- **Dividend Yield:** 0%
- **ROE:** 0.33%
- **ROCE:** 0.73%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹18.7 Cr
- **Net Income:** ₹0.1 Cr
- **EBITDA:** ₹0.2 Cr
- **52-Week High:** ₹163.3
- **52-Week Low:** ₹64.5
- **RSI (14):** 41.52

## Tapetide Score

- **Score:** 52 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 56.6 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 65.13 | 9% |
| growth | 98.9 | 9% |
| momentum | 22.21 | 12% |
| ownership | 66.15 | 24% |
| quality | 38.03 | 22% |
| valuation | 44.49 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Promoter holding has increased by 10.7% over last quarter.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.7% over past five years.
- Company has a low return on equity of 0.81% over last 3 years.
- Company has high debtors of 347 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 93.1% | 99.85% | -116.67% |
| ebitda margin growth | -0.1% | -74.12% | -15.04% | 380% |
| net income growth | -0.1% | -50% | -30% | -10% |
| revenue growth | 124.32% | 110.11% | 5% | 11% |
| roce | — | -47.48% | -39.67% | 1.01% |
| roe | — | -65.98% | 0.73% | 50% |

## 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 | 7.14 | 6.73 | 12.01 | 11.02 | 4.97 | 11.51 | 14.32 | 3.49 | 5.19 | 16.89 | 1.79 |
| Expenses | 7.25 | 6.69 | 12.08 | 10.78 | 4.99 | 11.89 | 13.96 | 3.44 | 5.13 | 16.83 | 1.67 |
| Operating Profit | -0.11 | 0.04 | -0.07 | 0.24 | -0.02 | -0.38 | 0.36 | 0.05 | 0.06 | 0.06 | 0.12 |
| OPM % | -1.54 | 0.59 | -0.58 | 2.18 | -0.4 | -3.3 | 2.51 | 1.43 | 1.16 | 0.36 | 6.7 |
| Other Income | 0.08 | 0.07 | 0 | -0.12 | 0.03 | 0 | 0.31 | 0 | 0.23 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | -0.04 | 0.1 | -0.08 | 0.11 | 0 | -0.39 | 0.66 | 0.04 | 0.28 | 0.05 | 0.11 |
| Tax % | 100 | 0 | 12.5 | 27.27 | — | 0 | 10.61 | 25 | 25 | 20 | 72.73 |
| Net Profit | -0.07 | 0.1 | -0.09 | 0.09 | 0 | -0.39 | 0.59 | 0.03 | 0.2 | 0.04 | 0.03 |
| EPS in Rs | -0.58 | 0.83 | -0.74 | 0.55 | 0 | -0.84 | 1.26 | 0.06 | 0.43 | 0.09 | 0.06 |

### 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 | 0.73 | 1.08 | 0.55 | 5.95 | 11.24 | 18.74 | 15.99 | 25.83 | 8.68 | 18.67 |
| Expenses | 0.73 | 1.08 | 0.55 | 5.87 | 11.15 | 18.77 | 15.76 | 25.85 | 8.58 | 18.49 |
| Operating Profit | 0 | 0 | 0 | 0.08 | 0.09 | -0.03 | 0.23 | -0.02 | 0.1 | 0.18 |
| OPM % | 0 | 0 | 0 | 1.34 | 0.8 | -0.16 | 1.44 | -0.08 | 1.15 | 0.96 |
| Other Income | 0 | 0 | 0 | 0 | 0.08 | 0.07 | -0.1 | 0.31 | 0.23 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0.01 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 |
| Profit before tax | 0 | 0 | 0 | 0.08 | 0.16 | 0.02 | 0.12 | 0.27 | 0.31 | 0.16 |
| Tax % | — | — | — | 37.5 | 25 | 50 | 25 | 25.93 | 29.03 | 56.25 |
| Net Profit | 0 | 0 | 0 | 0.05 | 0.12 | 0.01 | 0.09 | 0.2 | 0.22 | 0.07 |
| EPS in Rs | 0 | 0 | 0 | 50 | 0.99 | 0.08 | 0.55 | 0.43 | 0.47 | 0.15 |
| Dividend Payout % | — | — | — | 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 | 0.01 | 0.01 | 0.01 | 0.01 | 1.21 | 1.21 | 1.65 | 4.67 | 4.67 | 4.67 |
| Reserves | -0.01 | -0.01 | -0.01 | 0.04 | 4.96 | 4.97 | 6.81 | 17.58 | 17.8 | 17.87 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.88 | 0.12 | 1.87 | 2.82 | 0.46 | 11.53 | 0.13 | 0.13 | 5.9 | 17.06 |
| Total Liabilities | 0.88 | 0.12 | 1.87 | 2.87 | 6.63 | 17.71 | 8.59 | 22.38 | 28.37 | 39.6 |
| Fixed Assets | 0 | 0 | 0 | 0.02 | 0.04 | 0.04 | 0.03 | 0.24 | 0.23 | 0.21 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0.88 | 0.12 | 1.87 | 2.85 | 6.59 | 17.67 | 8.56 | 22.14 | 28.14 | 39.39 |
| Total Assets | 0.88 | 0.12 | 1.87 | 2.87 | 6.63 | 17.71 | 8.59 | 22.38 | 28.37 | 39.6 |

### 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 | 0.28 | -6.16 | 0.12 | -2.22 | -13.41 | -0.29 | -0.02 |
| Cash from Investing Activity | — | — | 0 | -0.02 | -0.03 | -0.02 | 0 | -0.23 | 0.23 | 0 |
| Cash from Financing Activity | — | — | 0 | 0 | 6 | 0 | 2.19 | 13.6 | 0 | 0 |
| Net Cash Flow | — | — | 0 | 0.26 | -0.19 | 0.1 | -0.03 | -0.04 | -0.06 | -0.02 |
| Free Cash Flow | — | — | 0 | 0.26 | -6.19 | 0.1 | -2.22 | -13.64 | -0.29 | -0.02 |
| CFO/OP | — | — | — | 350 | -6822 | -533 | -965 | 66700 | -200 | 17 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 158.88 | 93.2 | 267.42 | 7.3 | 0 | 249.36 | 346.62 |
| Inventory Days | 435.97 | 30.99 | 1250.46 | 0 | 0 | 55.32 | 165.82 | 225.18 | 706.07 | 329.75 |
| Days Payable | 446.11 | 41.32 | 1263.98 | — | — | 226.81 | 1.18 | 0.14 | 251.45 | 337.52 |
| Cash Conversion Cycle | -10.14 | -10.33 | -13.52 | 158.88 | 93.2 | 95.92 | 171.94 | 225.03 | 703.98 | 338.86 |
| Working Capital Days | -10 | -10.14 | -13.27 | -14.11 | 196.79 | 116.28 | 189.23 | 309.75 | 933.1 | 436.75 |
| ROCE % | — | — | — | 320 | 5.14 | 0.32 | 3.83 | 1.82 | 1.39 | 0.71 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 52.13% | 52.13% | 52.13% | 51.69% | 51.69% | 51.69% | 51.69% | 51.69% | 62.41% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 44.96% | 33.7% | 32.06% | 36.94% | 45.68% | 34.29% | 30.05% | 36.46% | 26.85% |
| Others | 2.91% | 14.17% | 15.81% | 11.36% | 2.63% | 14.02% | 18.26% | 11.84% | 10.74% |
| No. of Shareholders | 129 | 107 | 109 | 102 | 127 | 126 | 140 | 184 | 199 |

## 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) | 83.13 | Sell |
| EMA (10) | 82.96 | Sell |
| SMA (20) | 84.15 | Sell |
| EMA (20) | 84.29 | Sell |
| SMA (50) | 89.56 | Sell |
| EMA (50) | 89.67 | Sell |
| SMA (100) | 101.93 | Sell |
| EMA (100) | 96.82 | Sell |
| SMA (200) | 106.16 | Sell |
| EMA (200) | 103.9 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.51 | Neutral |
| MACD (12,26,9) | -2.01 | Buy |
| Stochastic (14,3,3) | 23.86 | Neutral |
| ADX (14) | 18.44 | Neutral |
| Williams %R (14) | -52.72 | Neutral |
| ATR (14) | 2.46 | High Volatility |
| ROC (12) | -6.83 | Sell |
| Stoch RSI (14) | 15.96 | Buy |
| UO (7,14,28) | 56.58 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbeec7ab-2719-43a9-b810-70e06d27015b.pdf) |
| 2026-09-02 | [16Th Annual General Meeting Of Shareholders Will Be Held On Friday September 25 2026 At 03:00 Pm](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b81ab3d-8060-49ac-9300-2c47515655f8.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Regularisation And Change In Designation And Thereby Appointment Of Mr. Vipulbhai Vachheta (DIN: 11099302) As Chairperson And Managing Director Of The Company W.E.F. September 01 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6b674f74-6d4b-45da-b84b-e35ee3c3104d.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3783f7f4-7989-40ee-99e2-0314d92c398a.pdf) |
| 2026-08-25 | [Board Meeting Outcome for Appointment Of Secretarial Auditor And Internal Auditor For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=883e5e6a-3f41-41aa-aecf-16073270cb2a.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=294a75aa-7348-4fb4-b3bc-51c0ec699da0.pdf) |
| 2026-05-30 | [Board Meeting Outcome for Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Board Meeting Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5fcf9b6d-69d2-4893-af12-6c6a212e2196.pdf) |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=576db63e-e238-46be-ac08-d32cc1bdf068.pdf) |
| 2026-05-26 | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ae2f1fd-cac6-4d84-8d5a-0ddce59c8ae2.pdf) |
| 2026-04-20 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=428ac5ba-8439-453a-afb0-c9f0f573f38e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Results-For The Financial Year Ended On March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b22474dd-f577-4b8c-b9ee-eec0ab91a21a.pdf) |
| 2025-11-13 | [Results - Half Year Ended 30 September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=154cc9f8-a27d-4a72-b81b-e7ec6cb0c0aa.pdf) |
| 2025-05-30 | [Standalone Audited Financial Results For The Half Year And Year Ended 31St March 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b3a54ca2-60c0-478a-93b5-d9ad3869d0f0.pdf) |
| 2024-11-13 | [Standalone Unaudited Financial Results For The Half Year Ended 30Th September, 2024 Along With Limited Review Report Of Statutory Auditor.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d060798e-b16d-4c23-8c07-415b4ae0dd5d.pdf) |
| 2024-05-30 | [Standalone Audited Financial Results For The Half Year And Year Ended 31St March, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b0dd803c-73dc-4410-b53c-9d1f0ea82f04.pdf) |
| 2023-11-08 | [For The Half Year Ended 30Th September, 2023 Along With Limited Review Report Of Statutory Auditor.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3da8930f-4061-4a85-bdde-9e4c9cabfeb7.pdf) |
| 2023-05-27 | [Standalone Audited Financial Results For The Half Year And Year Ended 31St March, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a69c05b0-bb8d-4674-bdb7-8ae292bbea30.pdf) |
| 2022-11-14 | [Standalone Unaudited Financial Results For The Half Year Ended 30Th September, 2022 Along With Limited Review Report Of Statutory Auditor](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c187809-b78f-4ea7-a340-107c6dda6650.pdf) |
| 2022-05-30 | [Standalone Audited Financial Results For The Half Year And Year Ended 31St March, 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=67055536-42bb-4437-9797-19115457b637.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Nanavati Ventures confirms it is not a Large Corporate for FY2026 under SEBI debt disclosure norms. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 9h - Nanavati Ventures confirms it is not a Large Corporate for FY2026 under SEBI debt disclosure norms.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/428ac5ba-8439-453a-afb0-c9f0f573f38e.pdf) |
| 9 Apr - On April 9, 2026, Ankitkumar Shah appointed additional director; Vaishnavi Patel resigned. | [Board Meeting Outcome for Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - Appointment And Resignation Of Director 9 Apr - On April 9, 2026, Ankitkumar Shah appointed additional director; Vaishnavi Patel resigned.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43ea1052-617b-4716-8a2c-f3a3a40f672f.pdf) |
| 9 Apr - On April 9, 2026, Ankitkumar Shah appointed additional director; Vaishnavi Mihir Patel resigned. | [Announcement under Regulation 30 (LODR)-Change in Management 9 Apr - On April 9, 2026, Ankitkumar Shah appointed additional director; Vaishnavi Mihir Patel resigned.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a48b6fdb-7e95-4f0a-8925-36cbd00882c0.pdf) |
| 28 Jan - Board approved unaudited Q3/9M results to 31-Dec-2025; YTD standalone loss Rs.547.67 lakh; auditors qualified over Rs.185 lakh. | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Period Ended 31.12.2025 28 Jan - Board approved unaudited Q3/9M results to 31-Dec-2025; YTD standalone loss Rs.547.67 lakh; auditors qualified over Rs.185 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dada9fc5-dacd-4a87-9701-1b16ac55d89c.pdf) |
| 28 Jan - Board approved Q3/9M results to 31-Dec-2025; standalone YTD loss Rs.547.67 lakh; auditor qualified Rs.185 lakh. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 28.01.2026 28 Jan - Board approved Q3/9M results to 31-Dec-2025; standalone YTD loss Rs.547.67 lakh; auditor qualified Rs.185 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3791402c-8ae1-4dfa-a720-f4581a315abf.pdf) |
| 27 Mar - Trading window closed from 01 Apr 2026 until 48 hours after audited results for year/half year ending 31 Mar 2026. | [Closure of Trading Window 27 Mar - Trading window closed from 01 Apr 2026 until 48 hours after audited results for year/half year ending 31 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f9e329f-1010-4460-8fce-1285e6185563.pdf) |
| 20 Apr - Nanavati Ventures confirms it is not a Large Corporate for FY2026 under SEBI debt disclosure norms. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr - Nanavati Ventures confirms it is not a Large Corporate for FY2026 under SEBI debt disclosure norms.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/428ac5ba-8439-453a-afb0-c9f0f573f38e.pdf) |
| 15 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a07124e0-88d3-49b8-8e16-e96376924454.pdf) |
| 10 Mar - MD Shreykumar Sheth resigned; Vipulbhai Vachheta appointed director; Neha Jadoun appointed CS; effective March 10, 2026. | [Board Meeting Outcome for Appointment Of Director And Company Secretary 10 Mar - MD Shreykumar Sheth resigned; Vipulbhai Vachheta appointed director; Neha Jadoun appointed CS; effective March 10, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/08816813-197b-4608-bb03-935dc14553a7.pdf) |
| 10 Jan - Company Secretary Nikunj Kalubhai Maniya resigned effective 10 January 2026; resignation acknowledged by board. | [Announcement under Regulation 30 (LODR)-Change in Management 10 Jan - Company Secretary Nikunj Kalubhai Maniya resigned effective 10 January 2026; resignation acknowledged by board.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9e15786b-9a14-4839-a950-9360e4ede739.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fe180e3f-5a3c-464f-90a7-3d98bc8097e0.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f7a4f4b5-4f35-47c0-b682-a2e638505312.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b3a618e-bc14-4920-b1b0-e57cd36a5856.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3df7b826-4ad7-4e1f-b05a-75c5c9055862.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c8db0f3c-4b53-4cdb-aeee-e6c5a643cf10.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ae5848a4-eeca-469c-91b3-783470c11833.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543522/76125543522.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500358/75911500358.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500358/70351500358.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500358/66304500358.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 2026-09-13T19:33:39.611Z.