---
title: "Maiden Forgings Ltd (543874) — Share Price, Financials & Analysis"
symbol: "543874"
company: "Maiden Forgings Ltd"
canonical: "https://tapetide.com/stocks/543874"
isin: "INE0O1T01010"
nse_symbol: "MAIDENFORGINGSLTD"
bse_code: "543874"
sector: "Industrial Products"
industry: "Iron & Steel Products"
market_cap_cr: 152.8
generated_at: "2026-09-13T18:37:36.376Z"
---

# Maiden Forgings Ltd (543874)

Canonical page: https://tapetide.com/stocks/543874

## Company

- **NSE Symbol:** MAIDENFORGINGSLTD
- **BSE Code:** 543874
- **ISIN:** INE0O1T01010
- **Sector:** Industrial Products
- **Industry:** Iron & Steel Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-04-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** maidenforgings.in

## About

Incorporated in 2005, Maiden Forgings 
Ltd  does manufacturing and sales of 
ferrous metal products including steel
 bright bars, wires, profiles, ground bars
 and nails[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:49:50.628147Z.

- **Market Cap:** ₹152.8 Cr
- **Classification:** SME
- **P/E (reported):** 30.5
- **EPS (reported):** ₹6.84
- **Book Value:** ₹57.09
- **Price to Book:** 1.88
- **Dividend Yield:** 0%
- **ROE:** 7.91%
- **ROCE:** 16.35%
- **Debt to Equity:** 0.85
- **Revenue (yearly):** ₹231.61 Cr
- **Net Income:** ₹4.88 Cr
- **EBITDA:** ₹14.87 Cr
- **52-Week High:** ₹125
- **52-Week Low:** ₹63.52
- **RSI (14):** 55.06

## Tapetide Score

- **Score:** 55 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Average · Valuation: Expensive · Momentum: Rising
- **Percentile:** 70.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 43.19 | 9% |
| growth | 50 | 9% |
| momentum | 90.29 | 12% |
| ownership | 51.2 | 24% |
| quality | 58.99 | 22% |
| valuation | 43.34 | 24% |

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

## Key Insights

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 3.08% over past five years.
- Company has a low return on equity of 9.99% over last 3 years.
- Debtor days have increased from 49.1 to 62.1 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 137.7% | -60.66% | — |
| ebitda margin growth | -37.33% | -31.76% | -37.28% | 8.35% |
| net income growth | -58.97% | -18.67% | -19% | 24% |
| revenue growth | 3.8% | 8.43% | 2% | 3% |
| roce | — | -27.65% | -49.11% | 21.56% |
| roe | — | -42.26% | 15.07% | 35.68% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2022 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 108 | 116 | 121 | 109 | 104 | 109 | 122 |
| Expenses | 99 | 105 | 108 | 99 | 94 | 105 | 112 |
| Operating Profit | 10 | 10 | 12 | 10 | 10 | 5 | 10 |
| OPM % | 9 | 9 | 10 | 9 | 9 | 4.4 | 8 |
| Other Income | 0 | 1 | 0 | 0 | 1 | 2 | 0 |
| Interest | 3 | 3 | 3 | 3 | 4 | 3 | 4 |
| Depreciation | 2 | 2 | 2 | 1 | 3 | 2 | 2 |
| Profit before tax | 6 | 6 | 7 | 6 | 3 | 2 | 4 |
| Tax % | 28 | 33 | 26 | 32 | 24 | 16 | 34 |
| Net Profit | 4 | 4 | 6 | 4 | 2 | 2 | 3 |
| EPS in Rs | 7.92 | 2.94 | 3.9 | 2.85 | 1.41 | 1.48 | 2.06 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 204 | 199 | 210 | 221 | 236 | 213 | 232 |
| Expenses | 191 | 186 | 198 | 199 | 213 | 194 | 217 |
| Operating Profit | 13 | 13 | 12 | 22 | 23 | 19 | 15 |
| OPM % | 6 | 7 | 6 | 10 | 10 | 9 | 6 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 2 |
| Interest | 7 | 7 | 6 | 5 | 6 | 7 | 7 |
| Depreciation | 4 | 4 | 3 | 4 | 4 | 4 | 4 |
| Profit before tax | 2 | 2 | 3 | 13 | 14 | 9 | 7 |
| Tax % | 28 | 29 | 27 | 28 | 29 | 29 | 28 |
| Net Profit | 2 | 2 | 2 | 10 | 10 | 6 | 5 |
| EPS in Rs | 3.57 | 3.24 | 4.2 | 9.22 | 6.84 | 4.26 | 3.53 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5 | 5 | 5 | 10 | 14 | 14 | 14 |
| Reserves | 17 | 24 | 26 | 30 | 57 | 62 | 67 |
| Borrowings | 63 | 61 | 62 | 68 | 63 | 69 | 69 |
| Other Liabilities | 14 | 15 | 17 | 19 | 15 | 18 | 30 |
| Total Liabilities | 99 | 105 | 110 | 127 | 149 | 164 | 181 |
| Fixed Assets | 29 | 26 | 24 | 29 | 29 | 37 | 34 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 70 | 79 | 86 | 98 | 119 | 127 | 143 |
| Total Assets | 99 | 105 | 110 | 127 | 149 | 164 | 181 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3 | 0 | 3 | 11 | -12 | 5 | 6 |
| Cash from Investing Activity | -3 | 0 | -2 | -9 | -7 | -9 | -4 |
| Cash from Financing Activity | -1 | 2 | -1 | -2 | 19 | 5 | -3 |
| Net Cash Flow | -1 | 2 | -1 | 0 | -1 | 0 | 0 |
| Free Cash Flow | 0 | -1 | 0 | 3 | -17 | -5 | 2 |
| CFO/OP | 24 | 0 | 21 | 52 | -52 | 23 | 42 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 55 | 61 | 47 | 41 | 34 | 51 | 62 |
| Inventory Days | 48 | 75 | 81 | 99 | 124 | 153 | 150 |
| Days Payable | 26 | 26 | 14 | 25 | 17 | 26 | 33 |
| Cash Conversion Cycle | 77 | 110 | 114 | 116 | 141 | 178 | 179 |
| Working Capital Days | 20 | 30 | 33 | 34 | 74 | 90 | 86 |
| ROCE % | — | 11 | 10 | 19 | 16 | 11 | 9 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.37% | 73.37% | 73.37% | 73.37% | 71.97% | 71.97% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0.27% | 0% | 0% | 0% | 0.15% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 22.66% | 22.21% | 22.04% | 22.54% | 24.37% | 24.6% |
| Others | 3.97% | 4.15% | 4.58% | 4.08% | 3.66% | 3.29% |
| No. of Shareholders | 841 | 1256 | 1488 | 1490 | 1288 | 1071 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 2 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 106.73 | Sell |
| EMA (10) | 107.01 | Sell |
| SMA (20) | 108.47 | Sell |
| EMA (20) | 106.69 | Sell |
| SMA (50) | 101 | Buy |
| EMA (50) | 101.34 | Buy |
| SMA (100) | 90.89 | Buy |
| EMA (100) | 95.02 | Buy |
| SMA (200) | 88.4 | Buy |
| EMA (200) | 88.96 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.99 | Neutral |
| MACD (12,26,9) | 1.23 | Sell |
| Stochastic (14,3,3) | 9.82 | Buy |
| ADX (14) | 37.25 | Buy |
| Williams %R (14) | -94.94 | Buy |
| ATR (14) | 3.75 | High Volatility |
| ROC (12) | -0.7 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 16.25 | Buy |

## 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=5e9ce6bc-8a3c-4f38-bb4d-9e26cfecddff.pdf) |
| 2026-09-05 | [Intimation In Relation To Book Closure For The Purpose Of The 21St Annual General Meeting For The Financial Year 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8afa4a23-5cea-4959-ba00-924cd13606ab.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6646c3d5-71ab-4316-872d-0cbff308eb66.pdf) |
| 2026-09-04 | [Submission Of Notice Convening The 21St Annual General Meeting (AGM) For Financial Year 2025-2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92bc2368-fee5-469d-8556-674bcad022d2.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a75eb78-544c-454d-8a42-4a91111d1b53.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday September 01 2026 At 04:00 P.M.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3b98b9d5-1623-40af-b756-524e16d6ba05.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e1778ee-4cfb-4fce-a343-0c093159f51e.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c34b57d4-e69a-444d-a895-346339b04ea2.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0af4d6c9-ee12-4716-a000-0124bdc0c6fa.pdf) |
| 2026-08-20 | [Outcome Of Analysts / Investors Meeting Held On 20Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6e08f8a-6384-4745-9a7d-8a4eb95ca16c.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Submitted Regulation 74(5) confirmation certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Submitted Regulation 74(5) confirmation certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5e25a2c5-cde2-486f-8a3b-4247bbbcacc4.pdf) |
| 9 Apr - Maiden Forgings recorded 35,546 MT production, revenue above ₹233 crore, and completed new plant construction for Q1 FY2026–27 operations. | [Regulation 30 Of SEBI (LODR) Regulations, 2015- Update On Operational Performance And Capacity Expansion For FY 2025-26 9 Apr - Maiden Forgings recorded 35,546 MT production, revenue above ₹233 crore, and completed new plant construction for Q1 FY2026–27 operations.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c08caeac-0ad6-4a9f-8d40-9d28212e6aba.pdf) |
| 7 Mar - Virtual investor meeting with Arihant Capital Markets on March 6, 2026, 4-5 PM; no UPSI. | [Outcome Of Participation In Virtual Investor Summit 7 Mar - Virtual investor meeting with Arihant Capital Markets on March 6, 2026, 4-5 PM; no UPSI.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2de0a329-b702-48b6-911a-536ebeab1917.pdf) |
| 6 Feb - The meeting with Analysts/Investors is scheduled to be held on February 16, 2026 at 02:00 P.M. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 6 Feb - The meeting with Analysts/Investors is scheduled to be held on February 16, 2026 at 02:00 P.M.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06ca1514-a366-4e22-bd36-2b0f465d8abe.pdf) |
| 6 Apr - Maiden Forgings forwarded FY2026 Regulation 31(4) promoter and PAC disclosure to BSE. | [Disclosure Under Regulation 31(4) Of SEBI (SAST) Regulations, 2011 6 Apr - Maiden Forgings forwarded FY2026 Regulation 31(4) promoter and PAC disclosure to BSE.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/90ae2b8d-fd87-4205-b3d8-dd7335f99d47.pdf) |
| 2m - Virtual investor/analyst meeting on 9 March 2026; management to present quarterly investor presentation. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2m - Virtual investor/analyst meeting on 9 March 2026; management to present quarterly investor presentation.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b8b14cf6-e41c-487d-8458-049cbb704c42.pdf) |
| 27 May - The Earnings Conference Call for H2 and Financial Year 2026-27 will be held on Tuesday, June 02, 2026 at 12:00 P.M. Further, please find the … | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 May - The Earnings Conference Call for H2 and Financial Year 2026-27 will be held on Tuesday, June 02, 2026 at 12:00 P.M. Further, please find the …](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4032ffc5-dc5e-4567-9a7b-cb3787c069bb.pdf) |
| 27 Mar - Trading window closed from April 1, 2026 until 48 hours after FY2025-26 results announcement. | [Closure of Trading Window 27 Mar - Trading window closed from April 1, 2026 until 48 hours after FY2025-26 results announcement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33e5b442-9db0-420f-8a6f-c5cd2d980693.pdf) |
| 27 Feb - NFAC order (18 Feb 2026) upholds Rs.4.91 crore disallowance for AY2021-22; company to appeal to ITAT; disclosure delayed due to staff leave.;"checklist":["Identify material events, dates, … | [Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 27 Feb - NFAC order (18 Feb 2026) upholds Rs.4.91 crore disallowance for AY2021-22; company to appeal to ITAT; disclosure delayed due to staff leave.;"checklist":["Identify material events, dates, …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/282287b0-676d-4496-b37c-0ce9b40cb7e3.pdf) |
| 27 Feb - Company to attend Arihant Capital virtual investor summit on March 6, 2026, 4:00–5:00 PM. | [Intimation Of Participation In Virtual Investor Summit 27 Feb - Company to attend Arihant Capital virtual investor summit on March 6, 2026, 4:00–5:00 PM.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/741a520a-3c9f-498a-9cfb-a6dfb477f124.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d823951-4fc3-44a9-a65c-16dc7cea5292.pdf) |
| 2025-11-25 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20a5df56-bc39-4fc7-a66a-702c0dd62a3b.pdf) |
| 2025-06-06 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50e65960-9c3d-461b-9727-d4a326e3e78c.pdf) |
| 2024-11-28 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da6e0688-6b88-4d6f-b33d-5f4015f4bcc2.pdf) |
| 2024-06-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d29639b-c871-4131-be64-f8b1e9d5a85c.pdf) |
| 2023-11-24 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f22a6081-f3fa-43f3-bccb-29199dc4b96e.pdf) |
| 2023-06-10 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3b540fa-bee9-454a-b732-ecbb37ad33e4.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-06-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4a80c20-a8e3-4824-bf89-51d77ae7fede.pdf) |
| 2025-11-22 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a684ec55-6453-4652-90a9-059c35402591.pdf) |
| 2025-06-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa7a0be0-4d4d-4bc1-a264-11b28698591c.pdf) |
| 2024-11-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d735f3e-2d9b-4195-9129-ce4522386d04.pdf) |
| 2024-06-04 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=104b27fe-d667-494d-bc44-6e62ebaceedc.pdf) |
| 2023-11-21 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b188fbfd-2e93-45ae-bf87-b881f89893b5.pdf) |
| 2023-06-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=561c15e2-40c4-4d54-acae-5a1e27c80650.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-06-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bde8f0fe-bd09-4f8f-acc9-475213556b9a.pdf) |
| 2025-11-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfd060d9-0c1f-4e76-a0bb-5b0a0a737c1c.pdf) |
| 2025-06-02 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dad96121-f88f-4f16-9471-ba4deeac1ab1.pdf) |
| 2023-11-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c66c556f-738b-4357-80e1-9c42cb7eb5bf.pdf) |
| 2023-06-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9299a8e-8c96-46ca-870f-ce2b98331b9c.pdf) |
| 2023-06-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1309b217-792e-42f3-a722-9a89fb9bdc09.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20a5df56-bc39-4fc7-a66a-702c0dd62a3b.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/000a3b97-b60d-4fc9-bb4e-5fe5ac497a40.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da6e0688-6b88-4d6f-b33d-5f4015f4bcc2.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e8f27431-f29d-4d27-8447-f46442f2ca39.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f22a6081-f3fa-43f3-bccb-29199dc4b96e.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b839476-dd93-417d-8dfc-da07ffd3e69d.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca2702bf-702a-4cef-992a-a2245941adc4.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1dfc4115-bf4b-432a-9730-fd820d923ffe.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51a3b807-a0f3-4c98-965e-3702f53a65a1.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf850f18-31ad-407c-a07b-dd809175fb4e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Outcome Of The Board Meeting Held On Saturday May 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3734a478-8cfb-45c6-90e6-a9d5d7f667b9.pdf) |
| 2025-11-14 | [Submission Of Unaudited Financial Results Along With Limited Review Report For The Half Year Ended September 30 2025 Pursuant To Regulation 33 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=48862205-e34e-4f1d-9fa2-5fcb299bf043.pdf) |
| 2025-05-29 | [Submission Of Audited Financial Statements And AuditorS Report Thereon For The Half Year And Year Ended March 31 2025 Pursuant To Regulation 33 Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a1fb03c-f3f7-46e8-b530-47db6f28b78c.pdf) |
| 2024-11-18 | [Submission Of Unaudited Standalone Financial Results Along With Limited Review Report Thereon For The Half Year Ended September 30, 2024 Pursuant To Regulation 33 Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ec3d95f-4471-4033-805f-2f5d71dbc8dc.pdf) |
| 2024-05-30 | [Submission Of Audited Financial Statements And Auditor'S Report Thereon For The Half Year And Year Ended March 31, 2024 Pursuant To Regulation 33 Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements), 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5da7ffad-4d63-4108-b0fb-9bed03fb9233.pdf) |
| 2023-11-10 | [Submission Of Unaudited Standalone Financial Results Along With Limited Review Report Thereon For The Half Year Ended September 30, 2023 Pursuant To Regulation 33 Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14ca1a08-059a-49c8-988f-c15132ae49e8.pdf) |
| 2023-06-14 | [Submission Of Audited Financial Statements And Auditor'S Report Thereon For The Half Year And Year Ended On March 31, 2023 Pursuant To Regulation 33 Of The Securities Exchange Board Of India (Listing Obligations And Disclosure Requirements), 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24cb4e10-bce7-41cd-8725-310a73ef3acd.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1305_REMSONSIND_2012_2013_02092013112125.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/beb3ab3d-c3c6-4670-b5d7-609b0f4c4ce8.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e04a21ea-c817-4c7c-b710-394fffab40be.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/373d52b0-f0b9-4fd0-8ca1-c8d644c3fdbd.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c212415c-1820-458b-8c27-968ac7d28558.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f9af135-e873-46d7-a556-cc3d053e0961.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0a254f1d-cf12-4bcc-b2aa-291648e2390e.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/530919/76519530919.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/530919/72241530919.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/530919/66657530919.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 2026-09-13T18:37:36.376Z.
