---
title: "Ashoka Metcast Ltd (ASHOKAMET) — Share Price, Financials & Analysis"
symbol: "ASHOKAMET"
company: "Ashoka Metcast Ltd"
canonical: "https://tapetide.com/stocks/ASHOKAMET"
isin: "INE760Y01011"
nse_symbol: "ASHOKAMET"
bse_code: "540923"
sector: "Metals & Mining"
industry: "Trading Metals"
market_cap_cr: 40.22
generated_at: "2026-09-13T19:20:05.213Z"
---

# Ashoka Metcast Ltd (ASHOKAMET)

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

## Company

- **NSE Symbol:** ASHOKAMET
- **BSE Code:** 540923
- **ISIN:** INE760Y01011
- **Sector:** Metals & Mining
- **Industry:** Trading Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2023-06-27
- **CEO:** Mr. Ashok Chinubhai Shah B.S. Chem., I.JSA
- **Employees:** 1
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** ashokametcast.in

## About

Incorporated in 2009, Ashoka Metcast Ltd
is in the business of trading of steel, goods
and other items[1]

## Latest Price

- **Price:** ₹17.2
- **Change:** +2.86 (+19.94%)
- **Open:** ₹14.54
- **Day High:** ₹17.2
- **Day Low:** ₹14.01
- **Previous Close:** ₹14.34
- **Volume:** 1455188
- **As Of:** 2026-09-11T10:20:03+00:00

## Key Fundamentals

Observed at 2026-09-11T04:46:12.325694Z.

- **Market Cap:** ₹40.22 Cr
- **Classification:** Microcap
- **P/E (reported):** 2.8
- **P/E (TTM):** 3.33
- **EPS (TTM):** ₹5.16
- **Book Value:** ₹48.8
- **Price to Book:** 0.29
- **Dividend Yield:** 0%
- **ROE:** 4.62%
- **ROCE:** 6.01%
- **Debt to Equity:** 0.48
- **Revenue (yearly):** ₹27.7 Cr
- **Net Income:** ₹10.57 Cr
- **EBITDA:** ₹6.47 Cr
- **52-Week High:** ₹21
- **52-Week Low:** ₹12.13
- **RSI (14):** 58.03

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Flat
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 60.53 | 9% |
| growth | 14.8 | 9% |
| momentum | 50.12 | 12% |
| ownership | 50 | 24% |
| quality | 34.95 | 22% |
| valuation | 65.85 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.35 times its book value
- Company has delivered good profit growth of 135% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -12.6% over past five years.
- Company has a low return on equity of 5.44% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.13.1 Cr.
- Company has high debtors of 364 days.
- Working capital days have increased from 809 days to 1,269 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -139.43% | 86.47% | 20.03% |
| ebitda margin growth | -25% | -9.31% | 34.63% | 149.5% |
| net income growth | 45.45% | 92.18% | 50% | 135% |
| revenue growth | -33.59% | -36.32% | -18% | -13% |
| roce | -22.55% | -14.27% | 40.09% | 5.65% |
| roe | 45.5% | 7.19% | 3.94% | 633.33% |

## 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 | 5.91 | 6.73 | 39.39 | 11.26 | 14.33 | 6.88 | 6.49 | 5.45 | 5.21 | 6.69 | 10.35 | 4.07 |
| Expenses | 5.69 | 6.29 | 34.26 | 10.38 | 10.48 | 4.71 | 9.66 | 4.93 | 4.09 | 4.25 | 7.94 | 4.81 |
| Operating Profit | 0.22 | 0.44 | 5.13 | 0.88 | 3.85 | 2.17 | -3.17 | 0.52 | 1.12 | 2.44 | 2.41 | -0.74 |
| OPM % | 3.72 | 6.54 | 13.02 | 7.82 | 26.87 | 31.54 | -48.84 | 9.54 | 21.5 | 36.47 | 23.29 | -18.18 |
| Other Income | 0.11 | 0.22 | 1.43 | 1.3 | 0.94 | 0.54 | 3.66 | 1.14 | 2.53 | 3.17 | 2.77 | 4.63 |
| Interest | -0.02 | 0.22 | 0.91 | 0.21 | 0.57 | 0.4 | 0.37 | 0.39 | 0.38 | 0.34 | 0.32 | 0.33 |
| Depreciation | 0.08 | 0.08 | 0.5 | 0.14 | 0.35 | 0.26 | -0.11 | 0.15 | 0.15 | 0.15 | 0.4 | 0.18 |
| Profit before tax | 0.27 | 0.36 | 5.15 | 1.83 | 3.87 | 2.05 | 0.23 | 1.12 | 3.12 | 5.12 | 4.46 | 3.38 |
| Tax % | 7.41 | 5.56 | 30.49 | 16.39 | 9.82 | 12.68 | -139.13 | 0 | 5.13 | 12.5 | 50.22 | 4.44 |
| Net Profit | 0.35 | 0.38 | 3.57 | 1.52 | 3.48 | 1.79 | 0.54 | 1.13 | 2.96 | 4.49 | 2.22 | 3.23 |
| EPS in Rs | 0.14 | 0.15 | 1.43 | 0.61 | 1.39 | 0.72 | 0.22 | 0.45 | 1.18 | 1.8 | 0.89 | 1.29 |

### 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 | 19 | 0 | 22 | 54 | 67 | 50 | 66 | 39 | 28 | 26 |
| Expenses | 19 | 0 | 21 | 53 | 63 | 46 | 59 | 35 | 21 | 21 |
| Operating Profit | 0 | 0 | 1 | 2 | 4 | 4 | 7 | 4 | 6 | 5 |
| OPM % | -0.5 | — | 3.3 | 3.2 | 7 | 9 | 11 | 10 | 23 | 20 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 5 | 10 | 13 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 2 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 0 | 0 | 0 | 3 | 4 | 6 | 6 | 14 | 16 |
| Tax % | -3 | 0 | 20 | 28 | 19 | 24 | 26 | 10 | 22 | — |
| Net Profit | 0 | 0 | 0 | 0 | 2 | 3 | 5 | 5 | 11 | 13 |
| EPS in Rs | -0.26 | -0.18 | 0.03 | 0.14 | 1.19 | 1.29 | 1.92 | 2.2 | 4.32 | 5.16 |
| 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 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 11 | 11 | 11 | 11 | 18 | 25 | 25 | 25 | 25 |
| Reserves | 10 | 10 | 10 | 10 | 23 | 76 | 80 | 86 | 97 |
| Borrowings | 6 | 5 | 15 | 23 | 21 | 16 | 16 | 15 | 58 |
| Other Liabilities | 3 | 3 | 9 | 7 | 13 | 16 | 18 | 16 | 29 |
| Total Liabilities | 30 | 29 | 44 | 51 | 74 | 133 | 138 | 143 | 208 |
| Fixed Assets | 5 | 5 | 12 | 11 | 8 | 9 | 17 | 17 | 16 |
| CWIP | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 2 | 6 |
| Investments | 13 | 5 | 5 | 5 | 5 | 5 | 10 | 11 | 10 |
| Other Assets | 12 | 13 | 27 | 34 | 61 | 120 | 111 | 114 | 176 |
| Total Assets | 30 | 29 | 44 | 51 | 74 | 133 | 138 | 143 | 208 |

### Cash Flow

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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | -2 | -10 | -8 | -15 | -46 | 16 | -6 | -17 |
| Cash from Investing Activity | 0 | 3 | 0 | 0 | -4 | -5 | -13 | -2 | 1 |
| Cash from Financing Activity | 0 | -1 | 10 | 8 | 18 | 53 | -2 | 8 | 17 |
| Net Cash Flow | 0 | 0 | -1 | 0 | 0 | 1 | 0 | -1 | 1 |
| Free Cash Flow | 0 | 0 | -12 | -8 | -15 | -47 | 7 | -8 | -22 |
| CFO/OP | 0 | 685 | -1377 | -445 | -334 | -1039 | 248 | -143 | -215 |

### Ratios

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 147 | — | 196 | 115 | 128 | 207 | 145 | 245 | 364 |
| Inventory Days | 0 | — | 178 | 93 | 152 | 272 | 235 | 464 | 1159 |
| Days Payable | — | — | 102 | 32 | 33 | 50 | 32 | 59 | 155 |
| Cash Conversion Cycle | 147 | — | 272 | 176 | 248 | 429 | 348 | 651 | 1369 |
| Working Capital Days | 84 | — | 142 | 93 | 157 | 579 | 385 | 774 | 1269 |
| ROCE % | — | -1 | 1 | 3 | 7 | 5 | 5 | 4 | 9 |

## 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 | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% | 53.65% |
| 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 | 30.19% | 30.29% | 33.89% | 43.01% | 43.09% | 42.78% | 42.85% | 42.95% | 43.29% | 43.39% | 43.51% | 43.46% |
| Others | 16.16% | 16.07% | 12.46% | 3.34% | 3.26% | 3.57% | 3.5% | 3.4% | 3.06% | 2.96% | 2.84% | 2.89% |
| No. of Shareholders | 3229 | 4818 | 11608 | 16029 | 15426 | 19627 | 19187 | 18804 | 18505 | 17912 | 17402 | 16985 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 14.28 | Buy |
| EMA (10) | 14.63 | Buy |
| SMA (20) | 13.97 | Buy |
| EMA (20) | 14.27 | Buy |
| SMA (50) | 14.17 | Buy |
| EMA (50) | 14.3 | Buy |
| SMA (100) | 14.94 | Buy |
| EMA (100) | 14.6 | Buy |
| SMA (200) | 14.91 | Buy |
| EMA (200) | 15.13 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 81.8 | Sell |
| MACD (12,26,9) | 0.29 | Buy |
| Stochastic (14,3,3) | 76 | Neutral |
| ADX (14) | 37.75 | Buy |
| Williams %R (14) | 0 | Sell |
| ATR (14) | 0.86 | High Volatility |
| ROC (12) | 27.41 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 57.79 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-26 | [Notice Of 17Th AGM Of The Company On Sept 17 2026 At 3:30 P.M. Through Video Conferencing](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c34bd9d1-bf9d-4aac-bce6-af099d098411.pdf) |
| 2026-08-26 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e44cc3b1-d767-48a7-8b85-9d5a18fd0852.pdf) |
| 2026-08-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=de827a63-da9a-48c4-a448-08f7aa504ad7.pdf) |
| 2026-08-26 | [Announcement Under Reg 30-Annual Report 2025-26 Web Link Letters To Shareholders](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c86cf78e-5f83-4fc2-9d3c-0cc207834694.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=75175ea1-908c-4977-8846-fe60861c8382.pdf) |
| 2026-08-12 | [Board Meeting Outcome for Board Meeting Held On 12/08/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b91ec57-fa6f-4e58-b648-a108cdbf0869.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88979b77-ac46-4cce-b87d-096daf3a5ff9.pdf) |
| 2026-08-12 | [Announcement Under Reg 30 (LODR)-Appointment Of Chief Financial Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d5f26bd-3534-4160-bdd5-101180d6c0e8.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ffbd745-f6b3-4a3b-aa77-8cb13762ef70.pdf) |
| 2026-08-12 | [Corporate Action-Fixes Book Closure For 17Th AGM Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=229e75d3-acd6-4e98-a063-a1c1fb300353.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [Results-Financial Results For June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ea4e065-74f3-489d-9d41-fdf9a4e4d31f.pdf) |
| 2026-05-02 | [Results-Financial Results For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92152508-4dfe-477c-9975-ed1fd5486cef.pdf) |
| 2026-02-13 | [Results-Financial Results For Dec 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e1fe64b-fd4c-4261-9335-d2bf05e2c5b8.pdf) |
| 2025-11-11 | [Results-Financial Results For Sept 302025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=555ca811-adfd-437d-b340-de5c67e5a27d.pdf) |
| 2025-08-11 | [Results-Financial Results For June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88013284-e6ab-440e-a382-18711550fac1.pdf) |
| 2025-05-28 | [Results-Financial Results For March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=caeaa850-cc10-423f-89f3-f67bc4befd2d.pdf) |
| 2025-02-13 | [Results - Financial Results For December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9ece16f-cd79-4036-b230-8f2ab6a0c6a0.pdf) |
| 2024-10-10 | [Results- Financial Results For September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0ac293c6-b446-4ee8-84c1-3fff9e82c712.pdf) |
| 2024-08-12 | [Results - Quarter Ended On June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32291447-67e1-4f46-a19d-88cd399edfd1.pdf) |
| 2024-05-29 | [Revised Financial Results For March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e12a159-727e-41b6-92d4-3ed256fddb25.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 4 Mar - Two special resolutions passed 04-03-2026: regularize Mr. Kunjan Nathabhai Rathod; amend MOA object clause | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 4 Mar - Two special resolutions passed 04-03-2026: regularize Mr. Kunjan Nathabhai Rathod; amend MOA object clause](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a11a6a75-4597-477d-911f-9a02b7e94ed0.pdf) |
| 4 Mar - Mr. Kunjan N. Rathod appointed Independent Director five years from 13 Dec 2025 to 12 Dec 2030. | [Announcement under Regulation 30 (LODR)-Change in Directorate 4 Mar - Mr. Kunjan N. Rathod appointed Independent Director five years from 13 Dec 2025 to 12 Dec 2030.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2091825b-af07-4c8d-92ee-ffd44be4f12e.pdf) |
| 4 Mar - 4 Mar 2026: MoA amended to add commodities trading, derivatives and physical dealings. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 4 Mar - 4 Mar 2026: MoA amended to add commodities trading, derivatives and physical dealings.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46fb2245-8b69-41db-b6c4-5e947a2db301.pdf) |
| 30 Apr - Riddhi Shah resigned as Company Secretary and Compliance Officer effective 30 April 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 30 Apr - Riddhi Shah resigned as Company Secretary and Compliance Officer effective 30 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/22a28865-245d-49af-b1bd-a7dd24aa0c83.pdf) |
| 30 Apr - Riddhi Shah resigned as Company Secretary and Compliance Officer effective 30 April 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 30 Apr - Riddhi Shah resigned as Company Secretary and Compliance Officer effective 30 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/22a28865-245d-49af-b1bd-a7dd24aa0c83.pdf) |
| 27 Apr - Board meeting on 2 May 2026 to approve Q4 and FY2026 audited financial results. | [Board Meeting Intimation for Board Meeting To Be Held On 02/05/2026 27 Apr - Board meeting on 2 May 2026 to approve Q4 and FY2026 audited financial results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98ded52e-60fd-49eb-8a58-313a37089a9d.pdf) |
| 24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results declaration. | [Closure of Trading Window 24 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed02d90a-6518-44e3-baad-4aec605875a9.pdf) |
| 23 Mar - Independent directors reviewed board, chairperson performance and information flow on 23 March 2026. | [Board Meeting Outcome for Outcome Of Separate Meeting Of The Independent Directors Of The Company 23 Mar - Independent directors reviewed board, chairperson performance and information flow on 23 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5de5a374-7177-474b-9a2f-9f3a7aea2f97.pdf) |
| 2 May - Board approved audited standalone and consolidated FY26 results; consolidated revenue Rs 27.70 crore, PAT Rs 10.80 crore. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 02/05/2026 2 May - Board approved audited standalone and consolidated FY26 results; consolidated revenue Rs 27.70 crore, PAT Rs 10.80 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09c091cd-4827-4bd3-857d-e5862f59f4d0.pdf) |
| 2 May - Board approved audited standalone and consolidated FY26 results; consolidated revenue Rs 27.70 crore, PAT Rs 10.80 crore. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 02/05/2026 2 May - Board approved audited standalone and consolidated FY26 results; consolidated revenue Rs 27.70 crore, PAT Rs 10.80 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/09c091cd-4827-4bd3-857d-e5862f59f4d0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_BHUSANSTL_2011_2012_31122012033737.zip) |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_BHUSANSTL_2010_2011_07092011040506.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_BHUSANSTL_2009_2010_15092010120000.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b082d965-be5e-47f2-a5f8-262e14afdfc8.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/88ca9f2e-8e0b-48a9-bd9d-14877edb03f0.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1511adf9-befd-4ccc-9cf4-6849f043a736.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/540923/73684540923.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/540923/71715540923.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/500055/68968500055.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/540923/66908540923.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/233a29ca-bc33-4eb4-9e75-72b4b378107e.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 2026-09-13T19:20:05.213Z.