---
title: "Insolation Energy Ltd (543620) — Share Price, Financials & Analysis"
symbol: "543620"
company: "Insolation Energy Ltd"
canonical: "https://tapetide.com/stocks/543620"
isin: "INE0LGX01024"
nse_symbol: "INA"
bse_code: "543620"
sector: "Power"
industry: "Power Generation"
market_cap_cr: 2060.69
generated_at: "2026-09-13T19:17:56.465Z"
---

# Insolation Energy Ltd (543620)

Canonical page: https://tapetide.com/stocks/543620

## Company

- **NSE Symbol:** INA
- **BSE Code:** 543620
- **ISIN:** INE0LGX01024
- **Sector:** Power
- **Industry:** Power Generation
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 2022-10-10
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** insolationenergy.in

## About

Incorporated in 2015, Insolation Energy Ltd is engaged in the business of manufacturing solar panels and modules of high efficiency of various sizes. The company's 200 MW SPV Module manufacturing unit is located in Jaipur, spread over more than 60,000 Sq. ft area with the latest machinery.[1]

## Latest Price

- **Price:** ₹92.98
- **Change:** -0.02 (-0.02%)
- **Open:** ₹92.9
- **Day High:** ₹93.95
- **Day Low:** ₹90.61
- **Previous Close:** ₹93
- **Volume:** 594093
- **As Of:** 2026-09-11T09:59:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:58.243035Z.

- **Market Cap:** ₹2060.69 Cr
- **Classification:** Microcap
- **P/E (reported):** 10.5
- **P/E (TTM):** 10.52
- **EPS (TTM):** ₹8.84
- **Book Value:** ₹36.61
- **Price to Book:** 2.54
- **Dividend Yield:** 0.11%
- **ROE:** 20.46%
- **ROCE:** 25.13%
- **Debt to Equity:** 1.1
- **Revenue (yearly):** ₹2146.02 Cr
- **Net Income:** ₹210.61 Cr
- **EBITDA:** ₹287.12 Cr
- **52-Week High:** ₹161.81
- **52-Week Low:** ₹79.75
- **RSI (14):** 41.73

## Tapetide Score

- **Score:** 51 / 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: Fair · Momentum: Falling
- **Percentile:** 52 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 55.33 | 9% |
| growth | 92.33 | 9% |
| momentum | 26.37 | 12% |
| ownership | 52.09 | 24% |
| quality | 42.11 | 22% |
| valuation | 53.34 | 24% |

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

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 33.1%

### Weaknesses

- Company might be capitalizing the interest cost
- Debtor days have increased from 34.6 to 47.9 days.
- Promoter holding has decreased over last 3 years: -3.77%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 273.64% | — | — |
| ebitda margin growth | -29.51% | 4.65% | 16.92% | 109.97% |
| net income growth | -45.56% | 66.89% | 166% | — |
| revenue growth | -5.93% | 59.79% | 97% | 58.36% |
| roce | -36.33% | -53.89% | 33.1% | 33.62% |
| roe | -45.56% | -60.04% | 30.62% | 1.29% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 325 | 397 | 362 | 415 | 575 | 794 | 741 |
| Expenses | 301 | 339 | 305 | 370 | 501 | 683 | 669 |
| Operating Profit | 24 | 57 | 57 | 45 | 75 | 111 | 72 |
| OPM % | 7 | 14 | 16 | 11 | 13 | 14 | 10 |
| Other Income | 5 | 0 | 1 | 11 | 7 | -2 | 5 |
| Interest | 4 | 1 | 3 | 5 | 8 | 8 | 12 |
| Depreciation | 3 | 3 | 3 | 6 | 12 | 15 | 17 |
| Profit before tax | 23 | 53 | 52 | 45 | 62 | 86 | 48 |
| Tax % | 18 | 20 | 17 | 18 | 18 | 19 | 20 |
| Net Profit | 19 | 42 | 43 | 37 | 51 | 70 | 38 |
| EPS in Rs | 0.84 | 1.92 | 1.95 | 1.68 | 2.3 | 3.18 | 1.68 |

### Profit & Loss

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 215 | 279 | 737 | 1334 | 2146 | 2525 |
| Expenses | 201 | 261 | 656 | 1172 | 1859 | 2222 |
| Operating Profit | 14 | 19 | 81 | 161 | 287 | 303 |
| OPM % | 6 | 7 | 11 | 12 | 13 | 12 |
| Other Income | 0 | 1 | 4 | 9 | 18 | 21 |
| Interest | 3 | 3 | 10 | 8 | 24 | 33 |
| Depreciation | 2 | 2 | 7 | 9 | 36 | 50 |
| Profit before tax | 9 | 14 | 68 | 154 | 245 | 241 |
| Tax % | 26 | 23 | 18 | 18 | 18 | — |
| Net Profit | 7 | 11 | 55 | 126 | 201 | 196 |
| EPS in Rs | 0.46 | 0.51 | 2.66 | 5.73 | 9.08 | 8.84 |
| Dividend Payout % | 0 | 0 | 0 | 2 | 0 | — |

### Balance Sheet

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 15 | 21 | 21 | 22 | 22 |
| Reserves | 7 | 32 | 88 | 594 | 785 |
| Borrowings | 31 | 68 | 96 | 108 | 888 |
| Other Liabilities | 16 | 38 | 58 | 123 | 460 |
| Total Liabilities | 70 | 159 | 263 | 847 | 2155 |
| Fixed Assets | 9 | 38 | 46 | 77 | 525 |
| CWIP | 2 | 0 | 1 | 46 | 73 |
| Investments | 0 | 0 | 5 | 50 | 36 |
| Other Assets | 58 | 121 | 210 | 674 | 1522 |
| Total Assets | 70 | 159 | 263 | 847 | 2155 |

### Cash Flow

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

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 9 | -1 | 30 | 113 | -73 |
| Cash from Investing Activity | -3 | -29 | -33 | -554 | -186 |
| Cash from Financing Activity | 2 | 45 | 28 | 394 | 698 |
| Net Cash Flow | 8 | 15 | 25 | -46 | 439 |
| Free Cash Flow | 6 | -30 | 13 | 28 | -521 |
| CFO/OP | 63 | -7 | 53 | 87 | -13 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 28 | 37 | 26 | 30 | 48 |
| Inventory Days | 48 | 75 | 45 | 26 | 81 |
| Days Payable | 24 | 33 | 23 | 24 | 62 |
| Cash Conversion Cycle | 52 | 78 | 48 | 32 | 66 |
| Working Capital Days | 16 | 31 | 6 | 2 | 22 |
| ROCE % | — | 20 | 48 | 35 | 22 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 97% | 69.89% | 69.95% | 69.98% | 70.05% | 66.22% | 66.02% | 66.1% | 66.12% | 66.12% |
| FIIs | 0% | 0% | 0.04% | 0% | 0.58% | 1.35% | 0.94% | 0.79% | 1.09% | 0.84% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.15% | 0.42% | 0.55% | 0.74% | 1.28% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 3% | 23.5% | 18.35% | 20.07% | 19.5% | 20.37% | 20.52% | 21.39% | 22.53% | 23.96% |
| Others | 0% | 6.61% | 11.66% | 9.94% | 9.87% | 11.9% | 12.1% | 11.17% | 9.53% | 7.81% |
| No. of Shareholders | 7 | 7 | 1145 | 1431 | 2942 | 3868 | 5271 | 10275 | 12475 | 26561 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 5 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 91.24 | Buy |
| EMA (10) | 92.23 | Buy |
| SMA (20) | 92.53 | Buy |
| EMA (20) | 94.38 | Sell |
| SMA (50) | 104.7 | Sell |
| EMA (50) | 102.14 | Sell |
| SMA (100) | 116.25 | Sell |
| EMA (100) | 111.09 | Sell |
| SMA (200) | 120.45 | Sell |
| EMA (200) | 135.71 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.69 | Neutral |
| MACD (12,26,9) | -3.61 | Buy |
| Stochastic (14,3,3) | 48.01 | Neutral |
| ADX (14) | 27.74 | Buy |
| Williams %R (14) | -35.24 | Neutral |
| ATR (14) | 4.02 | High Volatility |
| ROC (12) | -0.25 | Sell |
| Stoch RSI (14) | 99.81 | Sell |
| UO (7,14,28) | 44.97 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7eb10dd9-b196-48dc-983e-52ba72b3529d.pdf) |
| 2026-09-04 | [Notice Of The 11Th Annual General Meeting (AGM) And Annual Report For The Financial Year 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7fcdeaf9-ac3f-4a72-b38a-77e7fb28a677.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=070aedd4-27b4-45e0-bb25-ffc8a0dc30f4.pdf) |
| 2026-09-04 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49183eee-dc9b-4133-bf6f-52cd87135877.pdf) |
| 2026-09-04 | [Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f9d6b155-ffce-4f51-9984-148ba1c01bc1.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68190b85-9b6e-44c3-abd3-42ecfa1d6502.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b4d59406-0c37-436c-a307-77455f7baea7.pdf) |
| 2026-08-24 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ba4a0b1-c429-4aca-a91e-d694c9986fed.pdf) |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c664855-7957-4a26-874c-db356abcef03.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=936b4a26-bacb-4ebc-9e2d-64833617439d.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ce4f800-30e7-443a-a5e5-6ab4176dff67.pdf) |
| 2026-05-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51ff2872-052c-4771-9912-c65a03113831.pdf) |
| 2026-02-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef6d9f9f-e8e0-4cc8-8a44-747a31d989a1.pdf) |
| 2025-05-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=42590396-5f58-49f5-93cb-e708ca608362.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Disclosure Under Regulation 30 And Other Applicable Regulations Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations): Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10284ab2-1298-4bb2-a9be-2e7311e9e5bf.pdf) |
| 2026-05-25 | [Disclosure Under Regulation 30 And Other Applicable Regulations Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations): Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0b5bee7-eae5-435b-9e84-88bc243708a3.pdf) |
| 2026-02-12 | [Disclosure Under Regulation 30 And Other Applicable Regulations Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations): Outcome Of The Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=985356dd-dd22-4d8f-a6c1-43a272a7b465.pdf) |
| 2025-11-14 | [Financial Result](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cbd53f49-563a-4a93-ab66-2cf1ed881bbd.pdf) |
| 2024-11-07 | [Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Board Meeting Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d4c8f49-52bb-414f-ae3d-72818f077425.pdf) |
| 2024-05-17 | [Audited Financial Results (Standalone And Consolidated) For The Half Year And Year Ended 31St March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b23b76e-db45-4a1d-9761-75c23322ca80.pdf) |
| 2023-11-08 | [The Un-Audited Financial Results Of The Company, Both Standalone And Consolidated For The Half Year Ended September 30, 2023 As Required Under Regulation 33(3) Of The Listing Regulations.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1701e805-0d07-4135-b55e-b7ad2c4e17ac.pdf) |
| 2023-05-23 | [Audited Financial Results (Standalone And Consolidated) For The Half Year And Year Ended 31St March 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=476f38f2-823f-40f4-b444-88180cef0210.pdf) |
| 2023-05-22 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 22Nd May. 2023 And Audited Financial Results (Standalone And Consolidated) For The Half Year And Year Ended 31St March 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6cdcc44-5378-480c-a020-d86ea00f7c2d.pdf) |
| 2023-05-22 | [Audited Financial Results (Standalone And Consolidated) For The Half Year And Year Ended 31St March 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6bdf333-7575-44cd-8929-2a2a02c343b1.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a28af3dc-e248-4a11-9c79-a30710d394ba.pdf) |
| Oct 2019 | [Concall - Oct 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a65267db-b414-4924-9c0e-90e77c78b767.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/799c3e2b-bd42-4a25-b8aa-b310f9dec6fe.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a37e086a-f11d-49f8-a0ba-226cb28a61fd.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d2f71bd-be30-4be5-81ff-009bf17400f3.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38fda7e3-0220-46d0-84e7-74df1a02d965.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3754b38-e374-41e3-b3fe-45d7427a4e61.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96e0ca59-c505-43d9-9632-ee9dc78b9791.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8cba800a-6e61-4f90-8e4b-436e31e49160.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4a461c46-f5bc-492a-afc4-28bcaf28fabf.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-01 | [Transcript Of The Earnings Conference Call On The Financial Results For The Quarter And Financial Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7ddd73c-773b-4dc9-92e4-dfad1c204b4a.pdf) |
| 2026-02-23 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4cebd7fa-1a86-4cf9-9759-5320f9f54600.pdf) |
| 2025-06-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d478f03d-de05-4926-baf4-99af09a84729.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-27 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa9c5828-5f42-4e6a-b7e0-f5a3734469ef.pdf) |
| 2026-02-17 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4dac549c-6142-4c3a-a738-3265153da20e.pdf) |
| 2025-06-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3be57a0-98af-45b0-bc94-2857b45c3693.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - INA migrated 22,03,94,625 shares to BSE Mainboard; direct NSE Main Board listing on 09-Mar-2026. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 9 Mar - INA migrated 22,03,94,625 shares to BSE Mainboard; direct NSE Main Board listing on 09-Mar-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/30589c57-640f-4e3d-a60c-368726eb764b.pdf) |
| 8h - Board meeting on 15 May 2026 to consider ESOP allotment and preferential issue utilization report. | [Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 8h - Board meeting on 15 May 2026 to consider ESOP allotment and preferential issue utilization report.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ef4f6f90-88a9-412e-be2b-64cf8e17ff4b.pdf) |
| 6 Mar - Insolation Energy to list 22,03,94,625 shares on BSE Mainboard and NSE effective 9 March 2026. | [Intimation Of Final Listing & Trading Approval For Listing & Trading Of Equity Shares From BSE SME Platform To The Mainboard Of BSE Limited & National Stock Exchange Of India Limited (NSE) 6 Mar - Insolation Energy to list 22,03,94,625 shares on BSE Mainboard and NSE effective 9 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05334d24-fc27-4f53-a2d1-18ca46fe422b.pdf) |
| 6 Feb - Raymond to attend Anand Rathi Aerospace & Defense conference Feb 17, 2026; presenting Q3 FY26 and 9M FY26 presentation. | [Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet 6 Feb - Raymond to attend Anand Rathi Aerospace & Defense conference Feb 17, 2026; presenting Q3 FY26 and 9M FY26 presentation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ad43335-36e0-404f-9c2a-6f75f3b2df4c.pdf) |
| 6 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; all shares held in demat form. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; all shares held in demat form.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3b242a0-709a-4c90-a986-88345ba7f7b5.pdf) |
| 29 Apr - Confirmed not a Large Corporate under SEBI circulars on 29 April 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Confirmed not a Large Corporate under SEBI circulars on 29 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/945ef334-eb92-48a5-b57c-0ffd354a67b0.pdf) |
| 29 Apr - Confirmed not a Large Corporate under SEBI circulars on 29 April 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 29 Apr - Confirmed not a Large Corporate under SEBI circulars on 29 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/945ef334-eb92-48a5-b57c-0ffd354a67b0.pdf) |
| 25 Feb - Raymond will not deliver a formal presentation at investor conference on February 25, 2026. | [Announcement Under Regulation 30 (LODR) - Updates 25 Feb - Raymond will not deliver a formal presentation at investor conference on February 25, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f89faa96-2023-436e-b521-348b1da9ab1b.pdf) |
| 24 Mar - 24 March 2026 analysts and institutional investor meeting; no UPSI shared. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 24 Mar - 24 March 2026 analysts and institutional investor meeting; no UPSI shared.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba291bae-728b-4ef1-8f4c-dd723bb1fbd4.pdf) |
| 23 Feb - Read with Schedule III of the SEBI (LODR) Regulations, 2015, as amended, Please find the transcript of the Earnings Conference Call on the Financial Results … | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript 23 Feb - Read with Schedule III of the SEBI (LODR) Regulations, 2015, as amended, Please find the transcript of the Earnings Conference Call on the Financial Results …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4cebd7fa-1a86-4cf9-9759-5320f9f54600.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1789fab-d967-41c4-9ec8-90b3d5c9ceb5.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/53769f36-ec75-47bf-a848-2d73dee7af38.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/49224f62-f992-4f29-a46f-ef9d7c618285.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f55fbedb-f4f8-4e03-9d35-e950d0c197b3.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/36464874-01d0-4052-b415-cab970160db4.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ad358507-cd0f-4d90-8526-71359ee76afd.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/500330/73272500330.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500330/68856500330.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/500330/5003300320.pdf) |

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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 2026-09-13T19:17:56.465Z.