---
title: "Art Nirman Ltd (ARTNIRMAN) — Share Price, Financials & Analysis"
symbol: "ARTNIRMAN"
company: "Art Nirman Ltd"
canonical: "https://tapetide.com/stocks/ARTNIRMAN"
isin: "INE738V01013"
nse_symbol: "ARTNIRMAN"
sector: "Realty"
industry: "Residential Commercial Projects"
market_cap_cr: 99.97
generated_at: "2026-09-13T19:20:25.477Z"
---

# Art Nirman Ltd (ARTNIRMAN)

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

## Company

- **NSE Symbol:** ARTNIRMAN
- **ISIN:** INE738V01013
- **Sector:** Realty
- **Industry:** Residential Commercial Projects
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2021-10-18
- **CEO:** Mr. Ashokkumar Raghuram Thakker
- **Employees:** 13
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** artnirman.com

## About

Incorporated in 2011, Art Nirman Ltd is in the business of real estate development and allied activities[1]

## Latest Price

- **Price:** ₹39.92
- **Change:** +0.05 (+0.13%)
- **Open:** ₹40.06
- **Day High:** ₹40.06
- **Day Low:** ₹38
- **Previous Close:** ₹39.87
- **Volume:** 2071
- **As Of:** 2026-09-11T09:10:40+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:14.511390Z.

- **Market Cap:** ₹99.97 Cr
- **Classification:** Microcap
- **P/E (reported):** 249.2
- **P/E (TTM):** 249.5
- **EPS (TTM):** ₹0.16
- **Book Value:** ₹14.92
- **Price to Book:** 2.67
- **Dividend Yield:** 0%
- **ROE:** 5.34%
- **ROCE:** 5.39%
- **Debt to Equity:** 1.96
- **Revenue (yearly):** ₹33.24 Cr
- **Net Income:** ₹0.65 Cr
- **EBITDA:** ₹4.96 Cr
- **52-Week High:** ₹66.97
- **52-Week Low:** ₹29.39
- **RSI (14):** 44.95

## Tapetide Score

- **Score:** 37 / 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: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 8.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 29.74 | 9% |
| growth | 89.38 | 9% |
| momentum | 62.83 | 12% |
| ownership | 50 | 24% |
| quality | 17.44 | 22% |
| valuation | 14.26 | 24% |

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

## Key Insights

### Weaknesses

- Stock is trading at 2.68 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.41% over last 3 years.
- Company has high debtors of 212 days.
- Working capital days have increased from 689 days to 1,098 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -943.4% | -83.7% | -167.69% |
| ebitda margin growth | -100% | 11.56% | 113.6% | -155.3% |
| net income growth | -300% | -67.5% | 68% | 92% |
| revenue growth | -90.27% | 19.57% | 19% | -16% |
| roce | — | 30.51% | 659.15% | -2.55% |
| roe | — | 59.88% | 3% | — |

## 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 | 11.95 | 3.75 | 13.38 | 5.5 | 8.46 | 4.5 | 8.92 | 1.5 | 6.75 | 2.5 | 22.48 | 2.11 |
| Expenses | 11.14 | 3.52 | 12.59 | 4.99 | 7.83 | 4.18 | 7.1 | 1.52 | 5.4 | 2.37 | 18.98 | 2.19 |
| Operating Profit | 0.81 | 0.23 | 0.79 | 0.51 | 0.63 | 0.32 | 1.82 | -0.02 | 1.35 | 0.13 | 3.5 | -0.08 |
| OPM % | 6.78 | 6.13 | 5.9 | 9.27 | 7.45 | 7.11 | 20.4 | -1.33 | 20 | 5.2 | 15.57 | -3.79 |
| Other Income | 0.03 | 0.02 | 0.12 | 0.08 | 0.09 | 0.14 | 0.09 | 0.12 | 0.05 | 0.09 | 0.1 | 0.11 |
| Interest | 0 | 0 | 0.56 | 0.02 | 0.02 | 0.02 | 1.07 | 0.03 | 0.84 | 0.04 | 3.28 | 0.04 |
| Depreciation | 0.17 | 0.17 | 0.16 | 0.16 | 0.16 | 0.16 | 0.09 | 0.14 | 0.12 | 0.11 | 0.1 | 0.15 |
| Profit before tax | 0.67 | 0.08 | 0.19 | 0.41 | 0.54 | 0.28 | 0.75 | -0.07 | 0.44 | 0.07 | 0.22 | -0.16 |
| Tax % | 0 | 0 | -15.79 | 0 | 0 | 0 | -4 | 0 | 0 | 0 | 59.09 | 25 |
| Net Profit | 0.67 | 0.08 | 0.22 | 0.41 | 0.53 | 0.28 | 0.77 | -0.07 | 0.43 | 0.07 | 0.09 | -0.2 |
| EPS in Rs | 0.27 | 0.03 | 0.09 | 0.16 | 0.21 | 0.11 | 0.31 | -0.03 | 0.17 | 0.03 | 0.04 | -0.08 |

### 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 | 34.51 | 18.89 | 62.12 | 81.13 | 36.83 | 19.72 | 34.29 | 27.39 | 33.24 | 33.84 |
| Expenses | 27.02 | 8.91 | 53.77 | 78.54 | 46.74 | 18.75 | 32.25 | 24.11 | 28.28 | 28.94 |
| Operating Profit | 7.49 | 9.98 | 8.35 | 2.59 | -9.91 | 0.97 | 2.04 | 3.28 | 4.96 | 4.9 |
| OPM % | 21.7 | 52.83 | 13.44 | 3.19 | -26.91 | 4.92 | 5.95 | 11.98 | 14.92 | 14.48 |
| Other Income | 0.47 | 0.62 | 0.11 | 0.14 | 0.06 | 0.03 | 0.35 | 0.4 | 0.36 | 0.35 |
| Interest | 5.54 | 7.99 | 6.47 | 1.99 | 0.45 | 0.21 | 0.57 | 1.13 | 4.19 | 4.2 |
| Depreciation | 0.82 | 0.76 | 0.75 | 0.73 | 0.71 | 0.71 | 0.68 | 0.58 | 0.48 | 0.48 |
| Profit before tax | 1.6 | 1.85 | 1.24 | 0.01 | -11.01 | 0.08 | 1.14 | 1.97 | 0.65 | 0.57 |
| Tax % | 30 | 29.19 | 33.87 | -100 | -0.09 | -37.5 | -2.63 | -1.52 | 20 | — |
| Net Profit | 1.12 | 1.32 | 0.82 | 0.02 | -11 | 0.11 | 1.18 | 1.99 | 0.52 | 0.39 |
| EPS in Rs | 1.47 | 1.08 | 0.33 | 0.01 | -4.41 | 0.04 | 0.47 | 0.8 | 0.21 | 0.16 |
| 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 | 7.6 | 7.6 | 12.18 | 24.96 | 24.96 | 24.96 | 24.96 | 24.96 | 24.96 | 24.96 |
| Reserves | 6.28 | 7.4 | 16.65 | 20.02 | 20.04 | 9.05 | 9.16 | 10.34 | 12.33 | 12.28 |
| Borrowings | 17.85 | 62.17 | 50.13 | 33.76 | 4.95 | 0.23 | 2.53 | 2.92 | 18.06 | 72.96 |
| Other Liabilities | 43.06 | 33.69 | 75.44 | 59.38 | 13.26 | 10.74 | 15.23 | 14.96 | 13.46 | 32.17 |
| Total Liabilities | 74.79 | 110.86 | 154.4 | 138.12 | 63.21 | 44.98 | 51.88 | 53.18 | 68.81 | 142.37 |
| Fixed Assets | 9.72 | 9.16 | 8.62 | 7.87 | 7.18 | 6.48 | 5.78 | 5.11 | 4.56 | 4.11 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0.3 | 0.32 | 0.34 | 0.32 | 0 | 0 | 0 | 0 |
| Other Assets | 65.07 | 101.7 | 145.48 | 129.93 | 55.69 | 38.18 | 46.1 | 48.07 | 64.25 | 138.26 |
| Total Assets | 74.79 | 110.86 | 154.4 | 138.12 | 63.21 | 44.98 | 51.88 | 53.18 | 68.81 | 142.37 |

### 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 | -41.4 | -13.8 | 23.44 | -7.21 | 19.81 | 9.3 | -7.3 | 1.59 | -13.41 | -47.3 |
| Cash from Investing Activity | -9.1 | 0.28 | 0.46 | 0.36 | 0.19 | -0.06 | 0.25 | -1.13 | -0.42 | -0.92 |
| Cash from Financing Activity | 52.68 | 12.77 | -23.47 | 6.35 | -20.55 | -5.17 | 2.09 | -0.18 | 13.45 | 50.72 |
| Net Cash Flow | 2.18 | -0.75 | 0.43 | -0.5 | -0.56 | 4.06 | -4.96 | 0.28 | -0.38 | 2.5 |
| Free Cash Flow | -50.75 | -14.06 | 23.3 | -7.22 | 19.78 | 9.29 | -7.31 | 1.62 | -13.44 | -47.33 |
| CFO/OP | -3488 | -179 | 240 | -82 | 764 | -94 | -753 | 78 | -409 | -954 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 109.1 | 200.74 | 470.5 | 122.8 | 63.57 | 177.99 | 425.9 | 35.34 | 33.18 | 212.48 |
| Inventory Days | 1255.58 | 2907.5 | — | 1108.74 | 168.71 | 82.59 | 581 | 356.24 | — | — |
| Days Payable | 215.31 | 380.83 | — | 104.99 | 17.78 | 15.86 | 272.84 | 125.95 | — | — |
| Cash Conversion Cycle | 1149.36 | 2727.41 | 470.5 | 1126.55 | 214.5 | 244.73 | 734.05 | 265.63 | 33.18 | 212.48 |
| Working Capital Days | 672.66 | 605.72 | 935.2 | 371.35 | 206.46 | 269.66 | 641.16 | 322.32 | 646.18 | 1097.85 |
| ROCE % | 5.73 | 13.11 | 12.6 | 9.78 | 3.11 | -25.09 | 0.82 | 4.57 | 6.63 | 5.85 |

## 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 | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% | 73.75% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 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 | 22.68% | 22.72% | 22.56% | 22.55% | 22.62% | 22.67% | 22.68% | 22.41% | 22.36% | 22.33% | 22.34% | 22.3% |
| Others | 3.57% | 3.54% | 3.69% | 3.7% | 3.63% | 3.58% | 3.57% | 3.85% | 3.89% | 3.92% | 3.92% | 3.96% |
| No. of Shareholders | 2966 | 2959 | 2673 | 2673 | 2861 | 3446 | 3285 | 3378 | 3260 | 3186 | 3118 | 3084 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 40.29 | Sell |
| EMA (10) | 40.29 | Sell |
| SMA (20) | 40.77 | Sell |
| EMA (20) | 40.48 | Sell |
| SMA (50) | 40.47 | Sell |
| EMA (50) | 40.59 | Sell |
| SMA (100) | 41.15 | Sell |
| EMA (100) | 41.01 | Sell |
| SMA (200) | 42.41 | Sell |
| EMA (200) | 42.57 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.35 | Neutral |
| MACD (12,26,9) | -0.17 | Sell |
| Stochastic (14,3,3) | 31.09 | Neutral |
| ADX (14) | 20.3 | Neutral |
| Williams %R (14) | -57.05 | Neutral |
| ATR (14) | 2.09 | High Volatility |
| ROC (12) | -0.57 | Sell |
| Stoch RSI (14) | 22.82 | Neutral |
| UO (7,14,28) | 55.96 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_07092026164007_ANLAGMNewspaperAdv2526.pdf) |
| 2026-09-05 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_05092026170952_ANLAnnualReport2526.pdf) |
| 2026-09-05 | [Updates](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_05092026172040_ANL_AGMLetter_05092026.pdf) |
| 2026-08-15 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_15082026180502_ANLNEWSPAPAERCOVERING_JUNE26.pdf) |
| 2026-08-07 | [Resignation](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_07082026162401_ResignationID_070826.pdf) |
| 2026-08-07 | [Resignation of Director/KMP/SMP](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_ROID_95358_KMP_Doc.zip) |
| 2026-08-03 | [Cessation](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_03082026151317_ANLIDCESS0826.pdf) |
| 2026-08-03 | [General Updates](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_03082026174843_ANLCHNGECOM030826.pdf) |
| 2026-07-29 | [Appointment](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_29072026154554_ANLIDAPP290726.pdf) |
| 2026-07-21 | [Disclosure under SEBI Takeover Regulations](https://nsearchives.nseindia.com/corporate/team_bbodade_21042026175514_ARTNIRMAN.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Wisely Ai protects 100M Indosat users; analyzed 11B communications, 2B+ spam identified (Feb 6, 2026). | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 6 Feb - Wisely Ai protects 100M Indosat users; analyzed 11B communications, 2B+ spam identified (Feb 6, 2026).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/367249fa-11a4-4000-a4ce-d09acb055499.pdf) |
| 31 Aug - Exchange has sought clarification from Art Nirman Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On … | [Clarification - Financial Results 31 Aug - Exchange has sought clarification from Art Nirman Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …](https://www.nseindia.com/get-quotes/equity?symbol=ARTNIRMAN) |
| 29 Jan - Uploaded Q3 FY26 earnings call transcript detailing operations, platform updates, Meta recognition, ₹1,000 crore cash. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 29 Jan - Uploaded Q3 FY26 earnings call transcript detailing operations, platform updates, Meta recognition, ₹1,000 crore cash.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca5a34f9-277d-4a8d-8842-28eda5d3ceb0.pdf) |
| 23 Jan - Recording of Q3-FY26 earnings call for quarter/nine months ended Dec 31, 2025; held Jan 23, 2026. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 23 Jan - Recording of Q3-FY26 earnings call for quarter/nine months ended Dec 31, 2025; held Jan 23, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/00ae43c1-7904-492e-a553-da4706bab291.pdf) |
| 22 Jan - Q3 FY26: Revenue ₹11,210 Mn; PAT ₹1,314 Mn; EPS ₹9.95; cash ₹9,387 Mn; conf call Jan 23, 2026. | [Letter To Shareholders For The Quarter Ended December 31, 2025 22 Jan - Q3 FY26: Revenue ₹11,210 Mn; PAT ₹1,314 Mn; EPS ₹9.95; cash ₹9,387 Mn; conf call Jan 23, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea70a67e-baf5-4e6c-9dc1-d0ca3efb1872.pdf) |
| — | [Closure of Trading Window 27 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/501f79d5-c9ea-416c-bb3b-baac12f66047.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a61148d6-b23f-449f-8a5d-ab154abf7f1a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_14082026163833_ANLFINJUNE26.pdf) |
| 2026-05-26 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_26052026163922_OutcomeMarchFinancial26.pdf) |
| 2026-02-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_13022026153735_ANLOutcomeDec2025.pdf) |
| 2026-02-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_13022026154049_ANLOutcomeDec2025.pdf) |
| 2025-11-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_12112025163228_ANLFinSept2025.pdf) |
| 2025-11-12 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_12112025162916_ANLFinSept2025.pdf) |
| 2025-10-17 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_17102025200548_Outcome_of_BM_Signed.pdf) |
| 2025-10-17 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/ARTNIRMAN_17102025202219_Outcome_of_BM_Signed.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_31557_ARTNIRMAN_2025_2026_A_2057031_05092026171321.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_26921_ARTNIRMAN_2024_2025_A_14072025202528.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_25676_ARTNIRMAN_2023_2024_04092024163548.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23357_ARTNIRMAN_2022_2023_04092023142449_09042023150000.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21313_ARTNIRMAN_2021_2022_05092022121057_09052022130008.zip) |
| from nse | [Financial Year 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1157_TANLA_2012_2013_23082013190030.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef09ca68-2296-4eb0-a726-8f20280ecbcb.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd8e7253-24aa-4a75-8802-db5f64bb747a.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5fd7ae6-5891-4cdf-a358-82778b0f3f51.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532790/74120532790_01_09_22.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2025 | [Concall - Oct 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/474754c4-a468-4cc8-99db-c1817c8eb6a6.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/106d96d9-a6de-4e24-8519-d835b0dd5381.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c4c13a66-c4cd-45a4-8a77-3c8700aea529.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7feafb6-5d27-4aea-91d4-d14b3867b244.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c99ab4c-304e-4e3f-993d-ee0e44e7e313.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/547cc32d-275e-4278-88d3-6c652b0614c4.pdf) |
| Oct 2020 | [Concall - Oct 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29edd640-6ced-4491-9c1c-3311355a2819.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/befc1c6c-711f-4dd5-845f-796b9bfdbdc6.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/a2dacd92-8cda-431d-a1fa-9d7013507148.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0a9cb80-4e1a-4281-be04-875635592282.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 2026-09-13T19:20:25.477Z.