---
title: "Airan Ltd (AIRAN) — Share Price, Financials & Analysis"
symbol: "AIRAN"
company: "Airan Ltd"
canonical: "https://tapetide.com/stocks/AIRAN"
isin: "INE645W01026"
nse_symbol: "AIRAN"
bse_code: "543811"
sector: "Information Technology"
industry: "IT Enabled Services"
market_cap_cr: 206.53
generated_at: "2026-09-13T20:06:12.236Z"
---

# Airan Ltd (AIRAN)

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

## Company

- **NSE Symbol:** AIRAN
- **BSE Code:** 543811
- **ISIN:** INE645W01026
- **Sector:** Information Technology
- **Industry:** IT Enabled Services
- **Macro Sector:** Information Technology
- **Stock Type:** EQUITY
- **Listed Since:** 2019-05-03
- **CEO:** Mr. Sandeepkumar Vishwanath Agrawal
- **Employees:** 1647
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** airanlimited.com

## About

Incorporated in 1995, Airan Ltd provides consulting, technology, outsourcing, and 
next generation digital services & softwares[1]

## Latest Price

- **Price:** ₹17.13
- **Change:** +0.09 (+0.53%)
- **Open:** ₹16.62
- **Day High:** ₹17.36
- **Day Low:** ₹16.5
- **Previous Close:** ₹17.04
- **Volume:** 109228
- **As Of:** 2026-09-11T09:59:56+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:01.674347Z.

- **Market Cap:** ₹206.53 Cr
- **Classification:** Microcap
- **P/E (reported):** 13.6
- **P/E (TTM):** 13.7
- **EPS (TTM):** ₹1.25
- **Book Value:** ₹12.48
- **Price to Book:** 1.36
- **Dividend Yield:** 0%
- **ROE:** 12.24%
- **ROCE:** 14.66%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹112.24 Cr
- **Net Income:** ₹12.56 Cr
- **EBITDA:** ₹14.2 Cr
- **52-Week High:** ₹27.49
- **52-Week Low:** ₹12.63
- **RSI (14):** 69.1

## Tapetide Score

- **Score:** 58 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 81.3 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 63.12 | 9% |
| growth | 44.79 | 9% |
| momentum | 62.7 | 12% |
| ownership | 50 | 24% |
| quality | 68.74 | 22% |
| valuation | 60.12 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 11.1% over past five years.
- Company has a low return on equity of 6.95% over last 3 years.
- Earnings include an other income of Rs.11.7 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 442.71% | -2.71% | 88.62% |
| ebitda margin growth | 284% | -52.19% | -43.02% | -37.61% |
| net income growth | — | -33.19% | -13% | 4% |
| revenue growth | 15.14% | -4.56% | 5% | 11% |
| roce | 607.56% | 21.56% | 33.39% | 11.37% |
| roe | — | 28.03% | 10.19% | 85.17% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 26.64 | 25.25 | 29.74 | 26.16 | 26.23 | 26.8 | 27.31 | 25.7 | 26.27 | 29.3 | 30.97 | 26.55 |
| Expenses | 21.98 | 20.78 | 21.86 | 20.99 | 23.48 | 21.2 | 22.73 | 21.8 | 23.66 | 26.6 | 25.9 | 23.11 |
| Operating Profit | 4.66 | 4.47 | 7.88 | 5.17 | 2.75 | 5.6 | 4.58 | 3.9 | 2.61 | 2.7 | 5.07 | 3.44 |
| OPM % | 17.49 | 17.7 | 26.5 | 19.76 | 10.48 | 20.9 | 16.77 | 15.18 | 9.94 | 9.22 | 16.37 | 12.96 |
| Other Income | 0.61 | 0.97 | 0.36 | 21.95 | -1.3 | -2.91 | -6.59 | 1.61 | -0.2 | 8.26 | -2.53 | 6.19 |
| Interest | 0.09 | 0.05 | 0.02 | 0.02 | -0.02 | 0.01 | 0.08 | 0.04 | 0.03 | 0.03 | 0.02 | 0.04 |
| Depreciation | 1.42 | 1.57 | 1.37 | 1.36 | 1.39 | 1.52 | 1.16 | 1.26 | 1.28 | 1.32 | 1.35 | 1.21 |
| Profit before tax | 3.76 | 3.82 | 6.85 | 25.74 | 0.08 | 1.16 | -3.25 | 4.21 | 1.1 | 9.61 | 1.17 | 8.38 |
| Tax % | 17.29 | 17.28 | 30.07 | 15.38 | 2037.5 | -70.69 | 5.54 | 23.04 | 29.09 | 18.94 | 66.67 | 20.05 |
| Net Profit | 3.12 | 3.16 | 4.8 | 21.78 | -1.54 | 1.99 | -3.44 | 3.23 | 0.77 | 7.77 | 0.38 | 6.7 |
| EPS in Rs | 0.24 | 0.24 | 0.37 | 1.74 | -0.13 | 0.15 | -0.28 | 0.25 | 0.06 | 0.62 | 0.03 | 0.54 |

### 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 | 37 | 49 | 58 | 66 | 87 | 97 | 106 | 106 | 112 | 113 |
| Expenses | 30 | 40 | 47 | 56 | 75 | 81 | 86 | 88 | 98 | 99 |
| Operating Profit | 8 | 9 | 11 | 10 | 12 | 17 | 20 | 18 | 14 | 14 |
| OPM % | 20 | 18 | 19 | 16 | 14 | 17 | 19 | 17 | 13 | 12 |
| Other Income | 3 | 3 | 2 | 2 | 6 | 3 | 3 | 11 | 7 | 12 |
| Interest | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 5 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 7 | 6 | 8 | 8 | 12 | 14 | 17 | 24 | 16 | 20 |
| Tax % | 27 | 29 | 16 | 23 | 18 | 22 | 24 | 21 | 24 | — |
| Net Profit | 5 | 4 | 7 | 6 | 10 | 11 | 13 | 19 | 12 | 16 |
| EPS in Rs | 2.03 | 0.33 | 0.54 | 0.47 | 0.77 | 0.83 | 1 | 1.48 | 0.97 | 1.25 |
| Dividend Payout % | 0 | 0 | 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 | 12 | 12 | 12 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| Reserves | 23 | 68 | 63 | 57 | 63 | 79 | 89 | 101 | 119 | 131 |
| Borrowings | 13 | 15 | 11 | 11 | 10 | 5 | 5 | 1 | 2 | 1 |
| Other Liabilities | 2 | 4 | 11 | 12 | 20 | 26 | 29 | 31 | 32 | 36 |
| Total Liabilities | 51 | 100 | 97 | 105 | 117 | 135 | 148 | 158 | 179 | 193 |
| Fixed Assets | 15 | 57 | 56 | 57 | 65 | 63 | 78 | 82 | 81 | 77 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 2 |
| Investments | 0 | 10 | 6 | 1 | 1 | 11 | 8 | 8 | 15 | 33 |
| Other Assets | 35 | 32 | 35 | 46 | 51 | 61 | 61 | 67 | 81 | 82 |
| Total Assets | 51 | 100 | 97 | 105 | 117 | 135 | 148 | 158 | 179 | 193 |

### 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 | -10 | 2 | 6 | 0 | 11 | 11 | 22 | 4 | 21 | 4 |
| Cash from Investing Activity | 1 | -14 | 1 | 1 | -10 | -7 | -15 | -10 | -3 | -19 |
| Cash from Financing Activity | 18 | 1 | -6 | -1 | -2 | 8 | -1 | -4 | 1 | -1 |
| Net Cash Flow | 10 | -11 | 2 | 0 | -1 | 12 | 6 | -11 | 20 | -16 |
| Free Cash Flow | -13 | -2 | 2 | -6 | 3 | 8 | 1 | -7 | 16 | 3 |
| CFO/OP | -193 | 47 | 101 | 21 | 127 | 112 | 151 | 40 | 139 | 51 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 176 | 75 | 71 | 96 | 123 | 77 | 72 | 109 | 79 | 93 |
| Cash Conversion Cycle | 176 | 75 | 71 | 96 | 123 | 77 | 72 | 109 | 79 | 93 |
| Working Capital Days | 252 | 130 | 189 | 215 | 159 | 141 | 98 | 149 | 126 | 168 |
| ROCE % | — | 9 | 6 | 10 | 8 | 8 | 11 | 13 | 11 | 7 |

## 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 | 72.38% | 72.37% | 72.37% | 72.37% | 72.34% | 72.34% | 72.34% | 72.34% | 72.21% | 72.21% | 72.21% | 72.21% |
| FIIs | 0% | 0% | 0% | 0% | 0.01% | 0.08% | 0.01% | 0.01% | 0% | 0.13% | 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 | 22.55% | 22.69% | 23.19% | 23.23% | 24.05% | 23.95% | 24.17% | 24.1% | 24.13% | 24.18% | 24.28% | 24.39% |
| Others | 5.07% | 4.94% | 4.44% | 4.39% | 3.59% | 3.62% | 3.47% | 3.55% | 3.66% | 3.48% | 3.5% | 3.39% |
| No. of Shareholders | 48858 | 50033 | 56295 | 56608 | 64246 | 64393 | 63812 | 62267 | 60328 | 58353 | 57758 | 56652 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 16.03 | Buy |
| EMA (10) | 16.35 | Buy |
| SMA (20) | 15.53 | Buy |
| EMA (20) | 15.86 | Buy |
| SMA (50) | 15.38 | Buy |
| EMA (50) | 15.64 | Buy |
| SMA (100) | 16 | Buy |
| EMA (100) | 15.98 | Buy |
| SMA (200) | 16.39 | Buy |
| EMA (200) | 17.51 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 69.83 | Neutral |
| MACD (12,26,9) | 0.47 | Buy |
| Stochastic (14,3,3) | 80.41 | Sell |
| ADX (14) | 41.67 | Buy |
| Williams %R (14) | -23.77 | Neutral |
| ATR (14) | 0.74 | High Volatility |
| ROC (12) | 14.97 | Buy |
| Stoch RSI (14) | 73.36 | Neutral |
| UO (7,14,28) | 53.15 | 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=53fc7605-73ce-43ac-9141-af1ddedd61ce.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=525cef64-7a6c-4331-8010-451c8b5df96c.pdf) |
| 2026-09-04 | [AGM NOTICE FOR THE FINANCIAL YEAR 2025-26.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d3e0d634-a5c4-46d0-9e89-beb0c56ed971.pdf) |
| 2026-08-31 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 31St August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4528c5fd-a292-43b2-9928-ba3804489463.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f796e4ab-cdee-43f1-823b-83585f13d03f.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32d314e4-1592-4add-8692-d3fa830f08ab.pdf) |
| 2026-08-07 | [Board Meeting Intimation for Intimation Of Board Meeting To Be Scheduled On 13Th August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87ab8f00-8f79-4858-a2f5-854aab03d627.pdf) |
| 2026-07-08 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=750fbb94-9731-4152-aba0-9bad0d5ece20.pdf) |
| 2026-06-24 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b62d7116-8adc-4a04-8245-261a9ff05b94.pdf) |
| 2026-06-02 | [Revised Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ebbbe883-a609-437a-84ce-dcc97641a8ec.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Financial Result For The Quarter Ended On 30062026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f88bcb2-d8e2-435d-b7a3-eaa19501516d.pdf) |
| 2026-05-30 | [Outcome Of Board Meeting Held On Today I.E. On Saturday May 30 2026 Pursuant To Regulation 30(6) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3e826a1-9a35-4846-94b8-1ec92000d7ee.pdf) |
| 2026-02-14 | [Outcome Of The Board Meeting Of The Company Held Today I.E On Saturday February 14 2026 In Terms Of Second Proviso To Regulation 30(6) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc552a7f-e142-4128-8518-b84441e23ff4.pdf) |
| 2025-11-14 | [Submission Of Unaudited Standalone & Consolidated Financial Result Of The Company For The Quarter And Half Year Ended On September 30 2025 Along With Limited Review Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e38c81a-e532-4ac5-b198-c82d79d5d377.pdf) |
| 2025-08-14 | [Financial Results As On 30.06.2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c33d7cf6-3f5c-4d7f-9b54-cd4c2a681b51.pdf) |
| 2025-05-28 | [Financials Result For The Quarter And Year Ended On 31St March 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5222c53b-bbff-462b-b83a-54d5d9c084bd.pdf) |
| 2025-02-14 | [Financial Results For The Quarter Ended December 312024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bc41c20-2106-43c6-9c87-7151821c6b76.pdf) |
| 2024-11-14 | [Financial Results As On 30Th September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce0daa93-7e5a-4975-add4-464b394ab020.pdf) |
| 2024-08-14 | [Financial Results For The Quarter Ended On 30Th June, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37cb4616-7ed0-4fdc-b8de-f3ea51ee3c39.pdf) |
| 2024-05-28 | [Financial Results For The Quarter And Year Ended On 31St March, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92b335dd-bd0e-4956-a474-f9ccc662d8f0.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Board meeting Feb 14, 2026 to approve unaudited Q3/9M results for period ended Dec 31, 2025. | [Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29(1) Of SEBI (LODR) Regulations, 2015 6 Feb - Board meeting Feb 14, 2026 to approve unaudited Q3/9M results for period ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b850ffdb-b76b-4abd-8ab2-0bb6a4b8f877.pdf) |
| 27 Dec 2025 - Trading window closed Jan 1, 2026 until 48 hours after Q3 results for quarter ended Dec 31, 2025. | [Closure of Trading Window 27 Dec 2025 - Trading window closed Jan 1, 2026 until 48 hours after Q3 results for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9d5c1dee-e6fc-4ec3-bd84-42ad74563315.pdf) |
| 14 Feb - Unaudited standalone and consolidated results for quarter and nine months ended Dec 31, 2025; standalone profit Rs.784.87 lakh | [Board Meeting Outcome for Outcome Of The Board Meeting Of The Company Held Today I.E On Saturday, February 14, 2026, In Terms Of Second Proviso To Regulation 30(6) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015. 14 Feb - Unaudited standalone and consolidated results for quarter and nine months ended Dec 31, 2025; standalone profit Rs.784.87 lakh](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0bb710b4-eb2a-40b9-83af-d303e996eeec.pdf) |
| 10 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/072a1cac-dba0-45cb-96af-ddcde403362b.pdf) |
| — | [Closure of Trading Window 27 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3bcf69b-ae0b-4b43-b454-544973a8649e.pdf) |
| — | [Outcome Of The Board Meeting Of The Company Held Today I.E On Saturday, February 14, 2026, In Terms Of Second Proviso To Regulation 30(6) Of SEBI (LODR) Regulations, 2015 14 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc552a7f-e142-4128-8518-b84441e23ff4.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c72957e3-a06f-4152-8fe7-f6a4f4ad7562.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21016_AIRAN_2021_2022_01092022161909_09012022170009.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19167_AIRAN_2020_2021_02092021143545_09022021150007.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17273_AIRAN_2019_2020_04092020164957_04092020170004.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/AR_15035_AIRAN_2018_2019_26072019184650_26072019190004.zip) |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_LANCOIN_2011_2012_18092012095513.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_LANCOIN_2010_2011_16122011100725.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_LANCOIN_2009_2010_20082010120000.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/645387cc-87db-452a-ae35-4d98ddccf314.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19201c51-3115-4775-abe7-9f94606ff9ee.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3756df4-936d-4747-b085-b7a5916581c4.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98de6248-c419-4a75-844f-326e0f9a0826.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/750c80d2-128f-4d07-8cdf-2df56f0bbdea.pdf) |
| Mar 2017 | [Concall - Mar 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/3/ab519382-d5f1-4d91-a83c-cd0f82196a44.pdf) |
| Mar 2016 | [Concall - Mar 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=117A8232_9F71_441A_ABBB_FF10A272F273_173913.pdf) |
| Jun 2020 | [Concall - Jun 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8406537b-7a96-4fc3-959b-d50d32bf0d0a.pdf) |
| Jul 2016 | [Concall - Jul 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98996981_BBC0_4BE2_931F_645DE155964F_100350.pdf) |
| Feb 2018 | [Concall - Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/d978e235-6a25-4163-b64b-cae08cee2bfc.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 2026-09-13T20:06:12.236Z.
