---
title: "Arshiya Ltd (ARSHIYA) — Share Price, Financials & Analysis"
symbol: "ARSHIYA"
company: "Arshiya Ltd"
canonical: "https://tapetide.com/stocks/ARSHIYA"
isin: "INE968D01022"
nse_symbol: "ARSHIYA"
bse_code: "506074"
sector: "Logistics & Cargo"
industry: "Logistics Solution Provider"
market_cap_cr: 19.5
generated_at: "2026-09-13T19:49:46.049Z"
---

# Arshiya Ltd (ARSHIYA)

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

## Company

- **NSE Symbol:** ARSHIYA
- **BSE Code:** 506074
- **ISIN:** INE968D01022
- **Sector:** Logistics & Cargo
- **Industry:** Logistics Solution Provider
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2009-12-14
- **CEO:** Mr. Ajay Shankarlal Mittal B. Com, MBA (U.S.A.)
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** arshiyalimited.com

## About

Incorporated in 1981, Arshiya Ltd is an integrated supply chain and logistics infrastructure solutions 
provider.[1]

## Latest Price

- **Price:** ₹0.76
- **Change:** +0.02 (+2.7%)
- **Open:** ₹0.75
- **Day High:** ₹0.77
- **Day Low:** ₹0.71
- **Previous Close:** ₹0.74
- **Volume:** 530220
- **As Of:** 2026-09-11T10:01:44+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:17.897639Z.

- **Market Cap:** ₹19.5 Cr
- **Classification:** Microcap
- **P/E (reported):** -9.1
- **EPS (TTM):** ₹-0.08
- **Book Value:** ₹-54.71
- **Price to Book:** -0.01
- **Dividend Yield:** 0%
- **ROE:** -99.42%
- **ROCE:** 22.14%
- **Debt to Equity:** 4.53
- **Revenue (yearly):** ₹162.2 Cr
- **Net Income:** ₹-156.8 Cr
- **EBITDA:** ₹52.6 Cr
- **52-Week High:** ₹2.19
- **52-Week Low:** ₹0.68
- **RSI (14):** 29.23

## Tapetide Score

- **Score:** 26 / 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:** 0.6 (of 4473 scored stocks)
- **Confidence:** 84%
- **Data coverage:** 67%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 1.69 | 9% |
| growth | 69.91 | 9% |
| momentum | 4.92 | 12% |
| ownership | 50 | 24% |
| quality | 25.84 | 22% |
| valuation | 28.02 | 24% |

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

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -42.5% over past five years.
- Promoter holding is low: 14.4%
- Promoters have pledged 100% of their holding.
- Company has high debtors of 293 days.
- Promoter holding has decreased over last 3 years: -11.4%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 43.34% | 69.32% | 617.92% |
| ebitda margin growth | — | -54.39% | -48.99% | 100.74% |
| net income growth | — | -136.36% | 16% | -41.38% |
| revenue growth | 26.42% | -34.31% | -38% | -43% |
| roce | — | -75.55% | 251.43% | 22.25% |
| roe | — | -171.99% | 71.76% | 100.69% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.6 | 3.44 | 3.44 | 3.44 | 3.44 | 2.1 | 3.7 | 4.5 | 4.65 | 4.5 | 4.5 | 4.5 |
| Expenses | 67.46 | 42.47 | 4.74 | 5.23 | 9.86 | 17.73 | 2.14 | 1.69 | 2.7 | 2.69 | 4.69 | 3.16 |
| Operating Profit | -65.86 | -39.03 | -1.3 | -1.79 | -6.42 | -15.63 | 1.56 | 2.81 | 1.95 | 1.81 | -0.19 | 1.34 |
| OPM % | -4116.25 | -1134.59 | -37.79 | -52.03 | -186.63 | -744.29 | 42.16 | 62.44 | 41.94 | 40.22 | -4.22 | 29.78 |
| Other Income | 2.91 | 1.32 | 1.24 | 1.22 | -822.13 | -962.08 | 0.91 | -97.83 | -0.84 | 0.07 | 0.21 | 0.13 |
| Interest | 37.68 | 29.66 | 30.94 | 36.43 | 203.25 | 18.12 | 0.05 | 0.04 | 0.34 | 0 | 0 | 0.01 |
| Depreciation | 1.94 | 1.84 | 1.93 | 2.08 | 1.93 | 1.77 | 1.67 | 1.67 | 1.66 | 1.51 | 1.53 | 1.53 |
| Profit before tax | -102.57 | -69.21 | -32.93 | -39.08 | -1033.73 | -997.6 | 0.75 | -96.73 | -0.89 | 0.37 | -1.51 | -0.07 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -102.58 | -69.21 | -32.93 | -39.08 | -1033.73 | -997.6 | 0.75 | -96.73 | -0.88 | 0.37 | -1.51 | -0.06 |
| EPS in Rs | -3.89 | -2.63 | -1.25 | -1.48 | -39.23 | -37.86 | 0.03 | -3.67 | -0.03 | 0.01 | -0.06 | 0 |

### 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 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 80.73 | 85.42 | 131.4 | 238.68 | 66.32 | 61.93 | 26.19 | 13.77 | 14.95 | 18.15 |
| Expenses | 28.64 | 31.1 | 52.62 | 77.68 | 24.81 | 33.78 | 100.21 | 62.31 | 24.26 | 13.24 |
| Operating Profit | 52.09 | 54.32 | 78.78 | 161 | 41.51 | 28.15 | -74.02 | -48.54 | -9.31 | 4.91 |
| OPM % | 64.52 | 63.59 | 59.95 | 67.45 | 62.59 | 45.45 | -282.63 | -352.51 | -62.27 | 27.05 |
| Other Income | 30.05 | 143.17 | 13.25 | -1068.59 | 10.95 | 470.22 | 15.24 | -818.35 | -1059.83 | -0.43 |
| Interest | 130.5 | 137.62 | 112.37 | 131.22 | 148.12 | 86.47 | 114.34 | 300.27 | 18.56 | 0.35 |
| Depreciation | 21.81 | 20.92 | 14.82 | 15.71 | 12.9 | 10.33 | 8.37 | 7.79 | 6.76 | 6.23 |
| Profit before tax | -70.17 | 38.95 | -35.16 | -1054.52 | -108.56 | 401.57 | -181.49 | -1174.95 | -1094.46 | -2.1 |
| Tax % | 0 | 0 | 0 | 1.05 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -70.18 | 38.96 | -35.16 | -1065.55 | -108.56 | 401.57 | -181.48 | -1174.95 | -1094.46 | -2.08 |
| EPS in Rs | -4.49 | 1.71 | -1.44 | -41.28 | -4.14 | 15.31 | -6.89 | -44.59 | -41.54 | -0.08 |
| 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 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 31.24 | 45.64 | 48.72 | 51.62 | 52.46 | 52.46 | 52.7 | 52.7 | 52.7 | 52.7 |
| Reserves | 1197.37 | 1127.98 | 1666.43 | 644.85 | 454.57 | 859.56 | 680.17 | -398.54 | -1493 | -1494.14 |
| Borrowings | 1079.01 | 1420.48 | 854.4 | 871.13 | 887.4 | 605.06 | 605.72 | 821.41 | 836.49 | 843.73 |
| Other Liabilities | 346.72 | 103.36 | 175.65 | 275.11 | 412.57 | 192.55 | 283.35 | 1077.09 | 2047.51 | 2054.49 |
| Total Liabilities | 2654.34 | 2697.46 | 2745.2 | 1842.71 | 1807 | 1709.63 | 1621.94 | 1552.66 | 1443.7 | 1456.78 |
| Fixed Assets | 1239.44 | 953.75 | 747.04 | 716.91 | 626.22 | 621.96 | 516.26 | 581.68 | 571.23 | 568.19 |
| CWIP | 0 | 0 | 1.36 | 0.6 | 0.6 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1360.33 | 1320.18 | 1346.8 | 501.5 | 501.57 | 509.06 | 454.23 | 453.03 | 452.72 | 452.72 |
| Other Assets | 54.57 | 423.53 | 650 | 623.7 | 678.61 | 578.61 | 651.45 | 517.95 | 419.75 | 435.87 |
| Total Assets | 2654.34 | 2697.46 | 2745.2 | 1842.71 | 1807 | 1709.63 | 1621.94 | 1552.66 | 1443.7 | 1456.78 |

### Cash Flow

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

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 81.66 | 18.29 | -90.75 | 1.79 | 6.05 | 34.06 | 127.12 | 25.13 | -17.35 | -5.6 |
| Cash from Investing Activity | -23.27 | -24.79 | 90.59 | 7.56 | 20.41 | -29.27 | -32.07 | -15.88 | 19.29 | 6.38 |
| Cash from Financing Activity | -56.44 | 3.31 | 0.74 | -10.65 | -26.42 | -4.5 | -95.23 | -9.37 | -1.9 | -0.76 |
| Net Cash Flow | 1.96 | -3.19 | 0.59 | -1.3 | 0.04 | 0.28 | -0.18 | -0.11 | 0.03 | 0.02 |
| Free Cash Flow | 87.5 | 13.85 | 330.87 | -9.34 | 5.8 | 33.82 | 126.52 | 25.11 | -22.48 | -5.6 |
| CFO/OP | 302 | 37 | -154 | 4 | -1 | 76 | 445 | -33 | 35 | 59 |

### Ratios

| Item | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 69.16 | 9.86 | 32.69 | 22.64 | 244.1 | 1355.6 | 798.96 | 1820.68 | 6.36 | 292.98 |
| Cash Conversion Cycle | 69.16 | 9.86 | 32.69 | 22.64 | 244.1 | 1355.6 | 798.96 | 1820.68 | 6.36 | 292.98 |
| Working Capital Days | -9333.34 | -2484.56 | 195.02 | 357.19 | -88.04 | -1309.86 | -552.3 | -4031.86 | -38012.75 | -61539.49 |
| ROCE % | 0.2 | 2.12 | 1.78 | 3.33 | 7.61 | 2.66 | 1.79 | -5.1 | -5.68 | — |

## 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 | 25.76% | 14.37% | 14.37% | 14.37% | 14.37% | 14.37% | 14.37% | 14.37% | 14.37% | 14.37% | 14.37% | 14.37% |
| FIIs | 0.5% | 0% | 0.05% | 0.05% | 0.04% | 0.04% | 0.04% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% | 1.06% |
| Government | 0.02% | 0.02% | 0.02% | 0.02% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 35.29% | 52.83% | 59.12% | 59.12% | 61.42% | 62.7% | 62.19% | 62.9% | 63.47% | 63.96% | 62.74% | 62.73% |
| Others | 37.37% | 31.72% | 25.38% | 25.38% | 23.11% | 21.82% | 22.34% | 21.66% | 21.1% | 20.6% | 21.82% | 21.83% |
| No. of Shareholders | 24621 | 31899 | 31109 | 31109 | 30863 | 30873 | 31117 | 30610 | 30475 | 30149 | 30165 | 30139 |

## 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 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 0.74 | Buy |
| EMA (10) | 0.76 | Sell |
| SMA (20) | 0.81 | Sell |
| EMA (20) | 0.8 | Sell |
| SMA (50) | 0.92 | Sell |
| EMA (50) | 0.9 | Sell |
| SMA (100) | 1.05 | Sell |
| EMA (100) | 1.03 | Sell |
| SMA (200) | 1.21 | Sell |
| EMA (200) | 1.34 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.02 | Neutral |
| MACD (12,26,9) | -0.06 | Sell |
| Stochastic (14,3,3) | 25.09 | Neutral |
| ADX (14) | 40.25 | Buy |
| Williams %R (14) | -69.23 | Neutral |
| ATR (14) | 0.05 | High Volatility |
| ROC (12) | -10.59 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 56.51 | Neutral |

## Filings & Documents

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19c6fe44-c603-4f93-8209-e72d14133284.pdf) |
| 2026-05-30 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b6504b4-5ce2-45c6-9ec3-9dc667f4d3ad.pdf) |
| 2026-05-30 | [Unaudited Financial Results (Standalone) Along With The Limited Review Report Thereon For The Quarter Ended June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a12abf3-7f0a-49b5-a9ac-a346121a614a.pdf) |
| 2026-05-30 | [Submission Of Unaudited Financial Results (Standalone) Along With The Limited Review Report Thereon For The Quarter And Half Year Ended September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6192741b-7996-4c16-a305-e9eaaf14bcb0.pdf) |
| 2026-05-30 | [Submission Of Unaudited Financial Results (Standalone) Along With The Limited Review Report Thereon For The Quarter And Nine Month Ended December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3351cb86-3845-4298-8352-6c3528c6a236.pdf) |
| 2026-05-19 | [Financial Results For Quarter Ended On 30.06.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea5b7369-f49a-4d39-9303-8bf36be1c22e.pdf) |
| 2026-05-19 | [Financial Results For The Quarter And Half Year Ended September 30 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5063e8d-df1d-4791-aaa7-bea0fdb5c720.pdf) |
| 2026-05-19 | [Financial Result For The Quarter And Nine Months Ended On December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=528e7724-d2a9-4bca-91f5-1bda64f21194.pdf) |
| 2026-05-19 | [Financial Result For The Quarter And Financial Year Ended On March 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9ae98e1-8e65-4fb7-97f7-ec9c2e5250eb.pdf) |
| 2026-02-12 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3287d02f-6d99-47b5-8eb0-e0d7b3128b03.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-07-17 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc5ba3ce-a4e0-4d98-b441-ec762f2d4299.pdf) |
| 2026-07-16 | [Certificate Under Regulation 74 (5) Of SEBI (Depositories And Participants) Regulations 2018 For The Quarter Ended On June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0674c64f-aedc-473d-9538-72a5d2b89bc6.pdf) |
| 2026-06-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3b8b1ec-8883-4b7d-aace-e5498c1f82cc.pdf) |
| 2026-06-23 | [Announcement under Regulation 30 (LODR)-Cessation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=48da17cc-2204-413c-a68f-3a19d8a05070.pdf) |
| 2026-06-23 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1303d0e-9106-453a-bd86-fa8d179760d2.pdf) |
| 2026-06-17 | [Statement On Impact Of Audit Qualification For The Quarter And Financial Year Ended March 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8b9b4c9-0289-47ac-a25c-e1f79297a43a.pdf) |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4161d3fe-bbf6-4aaf-aa94-14689105ba0a.pdf) |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8cf04707-c8f5-4b21-b96b-785e9d53ee46.pdf) |
| 2026-06-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9ba24c2-3fdc-4919-bd87-c37f0b93f24e.pdf) |
| 2026-06-03 | [Corporate Insolvency Resolution Process (CIRP)-Intimation of meeting of Committee of Creditors](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a0717ae-19bf-467e-b8a2-4bddc95dc876.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Apr - Promoter filed FY2025-26 Regulation 31(4) disclosure, stating no new share encumbrance. | [Disclosure Pursuant To Regulation 31(4) Of The SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011. 7 Apr - Promoter filed FY2025-26 Regulation 31(4) disclosure, stating no new share encumbrance.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/990a304e-76f4-44fa-9f17-f1b291677b8c.pdf) |
| 5 Oct 2024 - Update on liquidation process for Talwalkars Better Value Fitness Limited. | [Update on Liquidation Process 5 Oct 2024 - Update on liquidation process for Talwalkars Better Value Fitness Limited.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3F0D492C-04E7-450E-8398-3DA741A16313-180728.pdf) |
| 5 Mar - Newspaper advertisement for submission of notice of 44th Annual General Meeting for the Financial Year 2024-2025 scheduled to be held on 27th March, 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Mar - Newspaper advertisement for submission of notice of 44th Annual General Meeting for the Financial Year 2024-2025 scheduled to be held on 27th March, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f974de73-bc4a-432a-81e4-496874bff018.pdf) |
| 5 Mar - Newspaper advertisement for submission of notice of 43rd Annual General Meeting for the Financial Year 2023-2024 scheduled to be held on 27th March, 2026. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Mar - Newspaper advertisement for submission of notice of 43rd Annual General Meeting for the Financial Year 2023-2024 scheduled to be held on 27th March, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/696ac37f-be55-45e2-88e1-965d9f29d43d.pdf) |
| 28 Nov 2024 - Update on liquidation process for Talwalkars Better Value Fitness. | [Update on Liquidation Process 28 Nov 2024 - Update on liquidation process for Talwalkars Better Value Fitness.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/BAF0630D-8FDA-4B78-9B6F-4267E0D9E4CC-150329.pdf) |
| 28 Mar - AGM on March 27, 2026: resolutions passed; standalone financials adopted; consolidated statements not prepared; CIRP ongoing (default Rs193.24cr). | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 28 Mar - AGM on March 27, 2026: resolutions passed; standalone financials adopted; consolidated statements not prepared; CIRP ongoing (default Rs193.24cr).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15386de0-bc92-4630-be3c-3f898a0690e3.pdf) |
| 27 Mar - Appointment of Mr. Loveneet Handa as Secretarial Auditor for Apr 1, 2025–Mar 31, 2030. | [Announcement under Regulation 30 (LODR)-Change in Management 27 Mar - Appointment of Mr. Loveneet Handa as Secretarial Auditor for Apr 1, 2025–Mar 31, 2030.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f35b84c-6eea-40d9-98a3-b170e3c9ecbc.pdf) |
| 24 Jan 2025 - Successful sale of Talwalkars Better Value Fitness Limited. | [Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015. - Liquidation Update 24 Jan 2025 - Successful sale of Talwalkars Better Value Fitness Limited.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09BEC009-8E27-4574-B64A-ADD0038A0BB0-105848.pdf) |
| 24 Jan 2025 - Change in management and directorship due to liquidation. | [Disclosure under Regulation 30 - Intimation on change in Management & Directorship of Talwalkars Better Value Fitness Limited consequent to sale of the company as a Going Concern under liquidation as per the provisions of Insolvency and Bankruptcy Code, 2016. 24 Jan 2025 - Change in management and directorship due to liquidation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8B40DCAF-E10D-41D6-ABEB-75CCDFDA24BB-105824.pdf) |
| 18 Mar - ASCR for FY2024-25 filed; CIRP ongoing; alleged default Rs193.24 crore; stock-exchange fines mentioned. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 18 Mar - ASCR for FY2024-25 filed; CIRP ongoing; alleged default Rs193.24 crore; stock-exchange fines mentioned.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2fa7b38-6920-4d75-9d22-d41e3649c3d8.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_609_TALWALKARS_2012_2013_17072013173620.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_TALWALKARS_2009_2010_01092010120000.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b5ed20d-a457-4aa7-8ef3-0fb2f64bb922.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/da87d6aa-f128-4bc8-a85f-06a9dcc9bde6.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e47929a1-a9b5-4665-823c-38c6d5f35977.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/506074/75976506074.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/506074/70731506074.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/506074/65253506074.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/506074/5060740319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/506074/5060740318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| May 2017 | [Concall - May 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a0823a9-a2c1-4874-ab0e-5635b0d27a6b.pdf) |
| May 2017 | [Concall - May 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/2a0823a9-a2c1-4874-ab0e-5635b0d27a6b.pdf) |
| May 2017 | [Concall - May 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/5/0e678daf-0d25-4263-a51d-8fdad6c24e6d.pdf) |
| Feb 2019 | [Concall - Feb 2019](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2019/2/e385e822-64b7-4ffe-8f9e-74917580d194.pdf) |

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