---
title: "Dhanlaxmi Bank Ltd (DHANBANK) — Share Price, Financials & Analysis"
symbol: "DHANBANK"
company: "Dhanlaxmi Bank Ltd"
canonical: "https://tapetide.com/stocks/DHANBANK"
isin: "INE680A01011"
nse_symbol: "DHANBANK"
bse_code: "532180"
sector: "Banks"
industry: "Private Bank"
market_cap_cr: 1199.49
generated_at: "2026-09-13T18:24:41.400Z"
---

# Dhanlaxmi Bank Ltd (DHANBANK)

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

## Company

- **NSE Symbol:** DHANBANK
- **BSE Code:** 532180
- **ISIN:** INE680A01011
- **Sector:** Banks
- **Industry:** Private Bank
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2004-04-01
- **CEO:** Mr. Ajith Kumar Kunhi Krishnan
- **Employees:** 1756
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** dhanbank.com

## About

Incorporated in 1927, Dhanlaxmi Bank Ltd is in the business of providing banking services[1]

## Latest Price

- **Price:** ₹31.15
- **Change:** +0.42 (+1.37%)
- **Open:** ₹30.68
- **Day High:** ₹31.5
- **Day Low:** ₹30.15
- **Previous Close:** ₹30.73
- **Volume:** 372461
- **As Of:** 2026-09-11T09:59:48+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:48.031403Z.

- **Market Cap:** ₹1199.49 Cr
- **Classification:** Microcap
- **P/E (reported):** 10.5
- **P/E (TTM):** 10.63
- **EPS (TTM):** ₹2.93
- **Book Value:** ₹34.16
- **Price to Book:** 0.9
- **Dividend Yield:** 0%
- **ROE:** 6.97%
- **ROCE:** 5.26%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹1793.9 Cr
- **Net Income:** ₹102.7 Cr
- **EBITDA:** ₹168.2 Cr
- **52-Week High:** ₹36.85
- **52-Week Low:** ₹19.45
- **RSI (14):** 34.53

## Tapetide Score

- **Score:** 54 / 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: Fair · Momentum: Rising
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 8.03 | 9% |
| growth | 96.22 | 9% |
| momentum | 82.89 | 12% |
| ownership | 36.12 | 24% |
| quality | 49.03 | 22% |
| valuation | 59.59 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.81 times its book value
- Company has delivered good profit growth of 22.5% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.5% over past five years.
- Company has a low return on equity of 6.22% over last 3 years.
- Contingent liabilities of Rs.932 Cr.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | — | — | 354.83% |
| ebitda margin growth | -55.06% | 2.03% | 3.01% | 13.59% |
| net income growth | -42.76% | 54.2% | 28% | 22% |
| revenue growth | -5.47% | 20.47% | 14% | 11% |
| roce | — | 3.95% | 2.53% | 4.78% |
| roe | — | 45.82% | 5.79% | 74.69% |

## 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 304 | 308 | 306 | 306 | 329 | 335 | 351 | 368 | 384 | 407 | 443 | 449 |
| Expenses | 118 | 147 | 135 | 140 | 140 | 151 | 150 | 166 | 153 | 180 | 177 | 177 |
| Financing Profit | 3 | -33 | -30 | -40 | -19 | -22 | -16 | -27 | -11 | -25 | 10 | 1 |
| Financing Margin % | 1 | -11 | -10 | -13 | -6 | -7 | -5 | -7 | -3 | -6 | 2 | 0 |
| Other Income | 24 | 36 | 41 | 32 | 52 | 42 | 43 | 39 | 35 | 49 | 69 | 35 |
| Interest | 183 | 194 | 201 | 206 | 208 | 206 | 216 | 229 | 242 | 253 | 256 | 272 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 26 | 3 | 11 | -8 | 33 | 20 | 27 | 12 | 23 | 24 | 79 | 36 |
| Tax % | 12 | 0 | 69 | 0 | 21 | 0 | -7 | 0 | 0 | 0 | 45 | 30 |
| Net Profit | 23 | 3 | 3 | -8 | 26 | 20 | 29 | 12 | 23 | 24 | 43 | 25 |
| EPS in Rs | 0.59 | 0.08 | 0.08 | -0.2 | 0.65 | 0.5 | 0.73 | 0.31 | 0.59 | 0.61 | 1.1 | 0.63 |
| Gross NPA % | 5.36 | 4.81 | 4.05 | 4.04 | 3.82 | 3.53 | 2.98 | 3.22 | 3.1 | 2.36 | 1.89 | 1.82 |
| Net NPA % | 1.29 | 1.27 | 1.25 | 1.26 | 1.12 | 0.86 | 0.99 | 1.13 | 1.12 | 1.11 | 0.51 | 0.47 |

### 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 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Revenue | 1013 | 971 | 988 | 931 | 917 | 1071 | 1207 | 1320 | 1601 | 1683 |
| Expenses | 460 | 377 | 427 | 394 | 474 | 498 | 515 | 556 | 647 | 687 |
| Financing Profit | -114 | -30 | -53 | -64 | -112 | -22 | -57 | -72 | -24 | -26 |
| Financing Margin % | -11 | -3 | -5 | -7 | -12 | -2 | -5 | -5 | -2 | -2 |
| Other Income | 102 | 53 | 113 | 122 | 169 | 75 | 153 | 169 | 192 | 188 |
| Interest | 668 | 625 | 614 | 601 | 554 | 595 | 749 | 837 | 979 | 1022 |
| Depreciation | 13 | 11 | 13 | 15 | 20 | 21 | 25 | 25 | 30 | 0 |
| Profit before tax | -25 | 12 | 46 | 43 | 37 | 32 | 70 | 72 | 138 | 162 |
| Tax % | 0 | 0 | -43 | 13 | 3 | -56 | 18 | 7 | 26 | — |
| Net Profit | -25 | 12 | 66 | 37 | 36 | 49 | 58 | 67 | 103 | 115 |
| EPS in Rs | -0.63 | 0.3 | 1.67 | 0.94 | 0.91 | 1.25 | 1.46 | 1.69 | 2.6 | 2.93 |
| 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 | 210 | 253 | 253 | 253 | 253 | 253 | 253 | 253 | 395 | 395 |
| Reserves | 445 | 496 | 508 | 574 | 611 | 647 | 708 | 777 | 1001 | 1079 |
| Borrowing | 145 | 392 | 200 | 178 | 150 | 150 | 492 | 299 | 200 | 737 |
| Deposits | 11294 | 10920 | 10603 | 10904 | 11712 | 12403 | 13352 | 14290 | 16013 | 18643 |
| Other Liabilities | 240 | 225 | 234 | 357 | 370 | 343 | 327 | 343 | 328 | 384 |
| Total Liabilities | 12333 | 12286 | 11799 | 12265 | 13096 | 13796 | 15132 | 15962 | 17937 | 21238 |
| Fixed Assets | 183 | 173 | 169 | 179 | 225 | 221 | 251 | 267 | 266 | 284 |
| CWIP | 31 | 31 | 33 | 35 | 0 | 0 | 7 | 8 | 15 | 7 |
| Investments | 4194 | 4365 | 4037 | 3682 | 4439 | 4044 | 3889 | 3942 | 3955 | 4257 |
| Other Assets | 7925 | 7718 | 7560 | 8369 | 8433 | 9531 | 10986 | 11745 | 13700 | 16690 |
| Total Assets | 12333 | 12286 | 11799 | 12265 | 13096 | 13796 | 15132 | 15962 | 17937 | 21238 |

### 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 | -99 | -203 | -144 | 554 | -90 | 139 | 216 | 17 | -5 | 631 |
| Cash from Investing Activity | -11 | -3 | -10 | -25 | -27 | -388 | -106 | 111 | -32 | -790 |
| Cash from Financing Activity | 84 | 270 | -95 | -23 | -28 | 0 | 0 | 0 | 142 | 150 |
| Net Cash Flow | -26 | 64 | -248 | 506 | -144 | -249 | 111 | 128 | 105 | -8 |
| Free Cash Flow | -110 | -206 | -154 | 529 | -117 | 123 | 182 | -24 | -37 | 600 |
| CFO/OP | -15 | -37 | -21 | 99 | -17 | 32 | 38 | 4 | -2 | 66 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROE % | 2 | -4 | 2 | 8 | 4 | 4 | 5 | 6 | 5 | 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 | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| FIIs | 10.76% | 11.89% | 6.1% | 5.93% | 4.97% | 6.95% | 15.26% | 15.52% | 15.28% | 15.32% | 15.42% | 14.21% |
| DIIs | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.16% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 51.63% | 58.2% | 67.4% | 65.43% | 55.01% | 53.17% | 42.78% | 42.58% | 43% | 43.12% | 42.48% | 38.87% |
| Others | 37.54% | 29.84% | 26.43% | 28.56% | 39.95% | 39.72% | 41.91% | 41.85% | 41.68% | 41.51% | 42.05% | 46.87% |
| No. of Shareholders | 118022 | 125389 | 212869 | 200558 | 185822 | 184128 | 184543 | 181297 | 179703 | 175709 | 172047 | 163114 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 31.43 | Sell |
| EMA (10) | 31.43 | Sell |
| SMA (20) | 32.13 | Sell |
| EMA (20) | 31.89 | Sell |
| SMA (50) | 32.97 | Sell |
| EMA (50) | 32.33 | Sell |
| SMA (100) | 32.61 | Sell |
| EMA (100) | 31.56 | Sell |
| SMA (200) | 28.58 | Buy |
| EMA (200) | 30.02 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.91 | Neutral |
| MACD (12,26,9) | -0.54 | Sell |
| Stochastic (14,3,3) | 11.38 | Buy |
| ADX (14) | 17.19 | Neutral |
| Williams %R (14) | -78.49 | Neutral |
| ATR (14) | 0.95 | High Volatility |
| ROC (12) | -6.2 | Sell |
| Stoch RSI (14) | 34.05 | Neutral |
| UO (7,14,28) | 42.9 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Newspaper Publication W.R.T Dispatch Of Notice Of 99Th AGM And Annual Report For The FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbb5808c-0876-41e3-b951-dd7e50f6a84c.pdf) |
| 2026-08-31 | [Notice Of 99Th Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=658d20fd-fd03-4fa9-8864-2c82eb0c1bb8.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a59a4500-ca86-4e2c-9d23-7d992320c577.pdf) |
| 2026-08-31 | [Intimation Of Book Closure Or Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=66797bbc-8abc-4e6e-a0f4-7dbdf48efd91.pdf) |
| 2026-08-20 | [Intimation Of Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be7dba72-6c55-4a54-b090-453a74792050.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ece09842-1a38-47f0-bf13-4bc70bf74a60.pdf) |
| 2026-08-19 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7092a46-cc49-473b-bc4c-1a41d513c45b.pdf) |
| 2026-08-19 | [Intimation Of 99Th Annual General Meeting Of The Bank](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41276466-20d7-448c-8f4d-35c9ef0cac00.pdf) |
| 2026-08-19 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1a09bac4-211e-4717-8910-74fe46d7198e.pdf) |
| 2026-08-14 | [Board Meeting Intimation for To Consider And Approve Dhanlaxmi Bank Limited Employee Stock Option Plan - 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f92c541-4235-4de6-b28b-0e575e7d96e7.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-29 | [Unaudited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55573b6f-b6b7-418d-8933-8bc6ccdec5ca.pdf) |
| 2026-04-28 | [Audited Financial Results For The Quarter/Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e43b009-1d16-4f0b-8941-219dfbc58436.pdf) |
| 2026-01-21 | [Unaudited Financial Results For The Quarter Ended/Nine-Months Ended December 312025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bbed6559-ca57-4a73-88b1-8872dda6aaff.pdf) |
| 2025-10-29 | [Unaudited Financial Results For The Quarter/Half-Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6783e652-1feb-43bd-a108-ff7ada5030d2.pdf) |
| 2025-07-21 | [Unaudited Financial Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fcdf6e7a-db4b-485c-a3bf-adbdbba6a91f.pdf) |
| 2025-05-09 | [Audited Financial Results For The Year Ended March 312025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0330ccc1-5426-4376-9aa7-11c55870f552.pdf) |
| 2025-02-04 | [Unaudited Financial Results For The Quarter/ Nine-Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3b33135-20d1-44d5-9a50-7c931ff50604.pdf) |
| 2024-10-17 | [Unaudited Financial Results For The Quarter/ Half-Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7ca3848-d404-496f-9943-193151a0ac40.pdf) |
| 2024-08-12 | [Unaudited Financial Results For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c1c8844-b2f7-4d97-a87b-8c6cd82753d1.pdf) |
| 2024-05-22 | [Audited Financial Results For The Quarter/Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=116e6578-4eed-4486-987a-e6262d2c9402.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Jan - Q3 Dec 31, 2025: Total business Rs31,933cr (+20.8%); deposits Rs17,839cr; advances Rs14,094cr. | [Business Updates For The Quarter Ended December 31, 2025 5 Jan - Q3 Dec 31, 2025: Total business Rs31,933cr (+20.8%); deposits Rs17,839cr; advances Rs14,094cr.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/30d94bc7-eeca-4f6b-8746-ead4f8ae8e28.pdf) |
| 5 Jan - Certificate As per Regulation 74(5) of the SEBI (DP) Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan - Certificate As per Regulation 74(5) of the SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/26945fc5-e40d-4e71-9b48-66a1a877158f.pdf) |
| 25 Mar - Trading window closed April 1, 2026 until 48 hours after March 31, 2026 results declaration. | [Closure of Trading Window 25 Mar - Trading window closed April 1, 2026 until 48 hours after March 31, 2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1a3126e6-3af8-4bd4-a213-00be90499ea5.pdf) |
| 24 Mar - ICRA reaffirmed the Bank's Basel III Tier-II bonds rating at BBB- (Stable) on March 24, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 24 Mar - ICRA reaffirmed the Bank's Basel III Tier-II bonds rating at BBB- (Stable) on March 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9fbd0d60-2dad-4ab5-a32a-d5ad9d2e843d.pdf) |
| 2 Apr - FY26 provisional business updates: total business up 19.68% to Rs 33,773 crore; deposits, CASA and advances grew. | [Business Updates For The Year Ended March 31,2026 2 Apr - FY26 provisional business updates: total business up 19.68% to Rs 33,773 crore; deposits, CASA and advances grew.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cc68721b-3826-4586-847d-38196fef8993.pdf) |
| 13 Apr - Board meeting on April 28, 2026 to approve audited Q4 and FY2026 results. | [Board Meeting Intimation for Compliance Of Regulation 29 And 50 Of SEBI (LODR) Regulations, 2015 13 Apr - Board meeting on April 28, 2026 to approve audited Q4 and FY2026 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c6754050-b982-4924-8a27-caaf3c94271f.pdf) |
| 12 Jan - Board meeting Jan 21, 2026 to approve unaudited Q3/9M results for period ended Dec 31, 2025. | [Board Meeting Intimation for Compliance Of Regulation 29 And 50 Of SEBI (LODR) Regulations, 2015 12 Jan - Board meeting Jan 21, 2026 to approve unaudited Q3/9M results for period ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf562964-dcea-4302-b2d2-f7a20ddeae18.pdf) |
| 10 Apr - Submitted Reg. 74(5) certificate for demat requests processed for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Submitted Reg. 74(5) certificate for demat requests processed for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/53e7c676-e598-4794-818d-6909c45b18b0.pdf) |
| — | [Audited Financial Results For The Quarter/Year Ended March 31, 2026 28 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e43b009-1d16-4f0b-8941-219dfbc58436.pdf) |
| — | [Audited Financial Results For The Quarter/Year Ended March 31, 2026 28 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1e43b009-1d16-4f0b-8941-219dfbc58436.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_DHANBANK_2011_2012_17092012101956.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/549070e8-933d-4ef6-bcad-ba6a80485950.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ed97a6f-2231-44df-911a-74f960b253ef.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b1cf024-6d42-4ec0-92c2-ff451bc070a4.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/931d5985-acef-4b18-b308-4f561e5880e4.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532180/71750532180.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532180/66815532180.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532180/5321800319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532180/5321800318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532180/5321800317.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 2026-09-13T18:24:41.400Z.