---
title: "Gillanders Arbuthnot & Company Ltd (GILLANDERS) — Share Price, Financials & Analysis"
symbol: "GILLANDERS"
company: "Gillanders Arbuthnot & Company Ltd"
canonical: "https://tapetide.com/stocks/GILLANDERS"
isin: "INE047B01011"
nse_symbol: "GILLANDERS"
bse_code: "532716"
sector: "Consumer Goods"
industry: "Tea & Coffee"
market_cap_cr: 216.65
generated_at: "2026-09-13T19:09:03.932Z"
---

# Gillanders Arbuthnot & Company Ltd (GILLANDERS)

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

## Company

- **NSE Symbol:** GILLANDERS
- **BSE Code:** 532716
- **ISIN:** INE047B01011
- **Sector:** Consumer Goods
- **Industry:** Tea & Coffee
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 2009-12-14
- **CEO:** Mr. Mahesh Sodhani
- **Employees:** 6618
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gillandersarbuthnot.com

## About

Incorporated in 1935, Gillanders Arbuthnot 
& Company Ltd in manufacture and sale of tea, macademia nuts, manufacture and sale of yarn made out of Cotton and Man Made Fibres, Manufacture and sale of Steel Structural, Pipes and Equipment and designing, supplying, erectioning and commissioning of projects on turnkey basis, and letting out of property on Rent. [1]

## Latest Price

- **Price:** ₹103.58
- **Change:** +1.21 (+1.18%)
- **Open:** ₹102
- **Day High:** ₹109.5
- **Day Low:** ₹100
- **Previous Close:** ₹102.37
- **Volume:** 16966
- **As Of:** 2026-09-11T09:59:14+00:00

## Key Fundamentals

Observed at 2026-09-11T04:48:25.527043Z.

- **Market Cap:** ₹216.65 Cr
- **Classification:** Microcap
- **P/E (reported):** 12.3
- **P/E (TTM):** 12.68
- **EPS (TTM):** ₹8.17
- **Book Value:** ₹120.86
- **Price to Book:** 0.83
- **Dividend Yield:** 0%
- **ROE:** 3.67%
- **ROCE:** 7.6%
- **Debt to Equity:** 0.58
- **Revenue (yearly):** ₹442.5 Cr
- **Net Income:** ₹9.5 Cr
- **EBITDA:** ₹35 Cr
- **52-Week High:** ₹129.4
- **52-Week Low:** ₹76
- **RSI (14):** 61.07

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 37.72 | 9% |
| growth | 32.87 | 9% |
| momentum | 83 | 12% |
| ownership | 50 | 24% |
| quality | 52.52 | 22% |
| valuation | 60.33 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.86 times its book value
- Company has delivered good profit growth of 20.0% 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 0.01% over past five years.
- Tax rate seems low
- Company has a low return on equity of -3.89% over last 3 years.
- Earnings include an other income of Rs.12.9 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 85.06% | -56.45% | -79.23% |
| ebitda margin growth | 530.77% | -1.13% | -249.06% | -29.08% |
| net income growth | 164.1% | -64.42% | 26% | 20% |
| revenue growth | -14.59% | -2.47% | -1% | 0% |
| roce | -479.47% | -39.92% | -167.02% | 5.65% |
| roe | -164.78% | -66.33% | -2.6% | -39.44% |

## 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 | 105.42 | 101.43 | 68.75 | 84.85 | 126.75 | 127.64 | 103.94 | 88.37 | 132.28 | 106.83 | 103.39 | 91.34 |
| Expenses | 96.42 | 125.76 | 84.41 | 90.11 | 101.46 | 119.87 | 106.03 | 88.49 | 112.76 | 98.49 | 107.74 | 84.94 |
| Operating Profit | 9 | -24.33 | -15.66 | -5.26 | 25.29 | 7.77 | -2.09 | -0.12 | 19.52 | 8.34 | -4.35 | 6.4 |
| OPM % | 8.54 | -23.99 | -22.78 | -6.2 | 19.95 | 6.09 | -2.01 | -0.14 | 14.76 | 7.81 | -4.21 | 7.01 |
| Other Income | 1.86 | 8.25 | -1.07 | 1.74 | 3.53 | 13.23 | 3.99 | 0.49 | 2.63 | 2.85 | 5.63 | 1.79 |
| Interest | 3.51 | 3.94 | 2.86 | 3.46 | 2.85 | 2.95 | 3.1 | 3.24 | 3.14 | 3.19 | 3.41 | 3.35 |
| Depreciation | 3.15 | 2.86 | 2.72 | 2.67 | 2.78 | 2.8 | 2.61 | 2.65 | 2.79 | 2.69 | 2.78 | 2.46 |
| Profit before tax | 4.2 | -22.88 | -22.31 | -9.65 | 23.19 | 15.25 | -3.81 | -5.52 | 16.22 | 5.31 | -4.91 | 2.38 |
| Tax % | 13.33 | -2.32 | 10.49 | 1.76 | 7.37 | 14.56 | -153.54 | -1.27 | 12.02 | 14.31 | -20.98 | -5.88 |
| Net Profit | 3.64 | -22.35 | -24.65 | -9.82 | 21.47 | 13.03 | 2.04 | -5.46 | 14.26 | 4.54 | -3.89 | 2.52 |
| EPS in Rs | 1.71 | -10.47 | -11.55 | -4.6 | 10.06 | 6.11 | 0.96 | -2.56 | 6.68 | 2.13 | -1.82 | 1.18 |

### 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 | 665 | 751 | 660 | 431 | 406 | 449 | 363 | 443 | 431 | 434 |
| Expenses | 615 | 686 | 632 | 400 | 377 | 437 | 397 | 417 | 408 | 404 |
| Operating Profit | 50 | 65 | 28 | 31 | 30 | 12 | -34 | 26 | 23 | 30 |
| OPM % | 7 | 9 | 4.3 | 7 | 7 | 2.7 | -9 | 6 | 5 | 7 |
| Other Income | 21 | 12 | 26 | 7 | 17 | 30 | 14 | 22 | 12 | 13 |
| Interest | 50 | 50 | 48 | 37 | 23 | 18 | 14 | 12 | 13 | 13 |
| Depreciation | 24 | 20 | 20 | 16 | 12 | 12 | 12 | 11 | 11 | 11 |
| Profit before tax | -4 | 7 | -12 | -15 | 11 | 12 | -46 | 25 | 11 | 19 |
| Tax % | 112 | 95 | 22 | 2 | -42 | -22 | 6 | -7 | 15 | — |
| Net Profit | -9 | 0 | -15 | -16 | 16 | 15 | -49 | 27 | 9 | 17 |
| EPS in Rs | -4.02 | 0.15 | -7.13 | -7.32 | 7.66 | 6.94 | -22.78 | 12.52 | 4.44 | 8.17 |
| 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 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
| Reserves | 262 | 271 | 268 | 255 | 231 | 248 | 255 | 196 | 224 | 237 |
| Borrowings | 449 | 424 | 392 | 366 | 227 | 183 | 145 | 129 | 139 | 149 |
| Other Liabilities | 203 | 225 | 244 | 214 | 145 | 144 | 129 | 130 | 130 | 146 |
| Total Liabilities | 936 | 942 | 925 | 857 | 624 | 597 | 550 | 477 | 514 | 553 |
| Fixed Assets | 441 | 432 | 427 | 421 | 315 | 312 | 298 | 263 | 256 | 253 |
| CWIP | 9 | 17 | 14 | 15 | 14 | 12 | 11 | 9 | 13 | 20 |
| Investments | 29 | 34 | 29 | 17 | 8 | 3 | 0 | 0 | 0 | 0 |
| Other Assets | 457 | 460 | 454 | 404 | 287 | 271 | 241 | 205 | 245 | 280 |
| Total Assets | 936 | 942 | 925 | 857 | 624 | 597 | 550 | 477 | 514 | 553 |

### 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 | 47 | 69 | 102 | 73 | 68 | 69 | 48 | 33 | 8 | 14 |
| Cash from Investing Activity | 41 | -14 | -18 | 1 | 108 | -2 | 11 | -3 | -7 | -8 |
| Cash from Financing Activity | -83 | -74 | -82 | -73 | -178 | -68 | -57 | -30 | -3 | -4 |
| Net Cash Flow | 5 | -20 | 1 | 1 | -2 | -1 | 2 | 0 | -2 | 2 |
| Free Cash Flow | 64 | 53 | 87 | 62 | 151 | 62 | 49 | 29 | 1 | 6 |
| CFO/OP | 177 | 138 | 165 | 265 | 221 | 233 | 405 | -103 | 13 | 71 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 54 | 53 | 47 | 45 | 54 | 36 | 21 | 29 | 51 | 54 |
| Inventory Days | 207 | 253 | 219 | 206 | 240 | 389 | 287 | 314 | 225 | 325 |
| Days Payable | 148 | 180 | 166 | 164 | 163 | 220 | 129 | 164 | 130 | 197 |
| Cash Conversion Cycle | 113 | 126 | 100 | 87 | 130 | 204 | 179 | 180 | 146 | 181 |
| Working Capital Days | -6 | -24 | -25 | -47 | -11 | 2 | -1 | -11 | -7 | 8 |
| ROCE % | 1 | 6 | 8 | 4 | 4 | 7 | 4 | -8 | 7 | 6 |

## 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 | 69.08% | 69.08% | 69.08% | 69.08% | 69.08% | 69.08% | 69.21% | 69.05% | 69.05% | 69.05% | 69.05% | 69.05% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.32% | 0.32% | 0.39% | 0.39% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% | 0.32% |
| Government | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Public | 23.06% | 22.93% | 23.06% | 23.11% | 23.43% | 23.86% | 23.85% | 24.06% | 24.21% | 24.21% | 24.35% | 24.5% |
| Others | 7.51% | 7.64% | 7.43% | 7.39% | 7.14% | 6.71% | 6.59% | 6.54% | 6.39% | 6.39% | 6.25% | 6.1% |
| No. of Shareholders | 10511 | 10240 | 10197 | 10046 | 9994 | 10114 | 9853 | 10447 | 10245 | 9983 | 9795 | 9733 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 103.89 | Sell |
| EMA (10) | 102.91 | Buy |
| SMA (20) | 101.11 | Buy |
| EMA (20) | 100.89 | Buy |
| SMA (50) | 93.96 | Buy |
| EMA (50) | 96.5 | Buy |
| SMA (100) | 93.38 | Buy |
| EMA (100) | 94.74 | Buy |
| SMA (200) | 94.18 | Buy |
| EMA (200) | 97.03 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 60.78 | Neutral |
| MACD (12,26,9) | 2.94 | Sell |
| Stochastic (14,3,3) | 48.47 | Neutral |
| ADX (14) | 35.66 | Buy |
| Williams %R (14) | -62.51 | Neutral |
| ATR (14) | 5.26 | High Volatility |
| ROC (12) | -0.47 | Sell |
| Stoch RSI (14) | 20.45 | Neutral |
| UO (7,14,28) | 46.26 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-21 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dacff931-0aec-46a1-9f1a-6a46a4d49d7a.pdf) |
| 2026-08-07 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f7685755-b148-4404-bc35-5693e2e51afe.pdf) |
| 2026-07-28 | [Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Three Months Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5df2deb-b68b-470f-b208-99fa863f37df.pdf) |
| 2026-07-06 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b78f302-9d99-4923-9683-81faebb8456a.pdf) |
| 2026-07-03 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a049ab0-3ec7-41b9-a01a-4acaa69db3d7.pdf) |
| 2026-07-03 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4c47ebe-3c8a-4ef8-a140-4a1de5a88f57.pdf) |
| 2026-06-22 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7999b76f-b3e7-4d6e-aedd-e63fb10206ed.pdf) |
| 2026-06-18 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=beb26e51-1e76-4fff-b6fe-ec46aa3d9df4.pdf) |
| 2026-06-12 | [Letters Dispatched The Shareholders](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=64461b09-d743-4de8-83ca-f045d268e666.pdf) |
| 2026-06-10 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8f5d3e01-cab1-4efb-8cdd-fd18819a591f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-07 | [Financial Results For Quarter And Three Months Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=618ef89d-b8a1-4990-b906-138bf46a91bf.pdf) |
| 2026-05-11 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab2aa3e4-c8b9-4cf2-9ee2-d3580375e36f.pdf) |
| 2026-05-11 | [Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23041605-d799-4382-847b-bf818667854c.pdf) |
| 2026-05-11 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db73a766-a975-4ab6-8b4d-b039c26fec0b.pdf) |
| 2026-02-06 | [Results For Quarter Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=911b1859-7fd3-4be0-a8e0-fc37224f4ec5.pdf) |
| 2025-11-13 | [Outcome Of Board Meeting For Unaudited Financial Results For The Quarter And Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5764cbeb-27c8-45fd-9134-ea1556ba6e1f.pdf) |
| 2025-08-07 | [30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c19f1393-6251-48fb-94b0-6cd0baa1cc00.pdf) |
| 2025-05-09 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cdce46e3-a4a3-44bf-82c8-d39905b86c61.pdf) |
| 2025-02-07 | [Unaudited Financial Results Of Gillanders Arbuthnot And Company Limited (Standalone & Consolidated) For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4606f78e-9ba8-4f45-aba7-94919ae6f66a.pdf) |
| 2024-11-13 | [Un-Audited Financial Results Of Gillanders Arbuthnot And Company Limited (Standalone & Consolidated) For The 2Nd Quarter And Half Year Ended 30Th Sep' 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a56de532-724f-4001-b393-20faa02c4b9b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8h - Board approved FY26 audited results, recommended preference dividend, fixed AGM on 3 July 2026. | [Results 8h - Board approved FY26 audited results, recommended preference dividend, fixed AGM on 3 July 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/db73a766-a975-4ab6-8b4d-b039c26fec0b.pdf) |
| 7 Jan - Certificate as issued by the RTA for quarter ended 31.12.2025 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan - Certificate as issued by the RTA for quarter ended 31.12.2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8fdedc14-97fe-4b98-b750-fb62480274ab.pdf) |
| 6 Feb - Board approved unaudited standalone and consolidated Q3/9M results for period ended 31 Dec 2025. | [Board Meeting Outcome for Outcome Of Board Meeting 6 Feb - Board approved unaudited standalone and consolidated Q3/9M results for period ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b3a67b4-b7d7-4f95-9303-5c5f5f106617.pdf) |
| 4 Apr - Compliance Certificate issued by the RTA for the quarter ended on 31.03.2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr - Compliance Certificate issued by the RTA for the quarter ended on 31.03.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/796d6805-1f4a-46fa-86eb-483d5f3c6e40.pdf) |
| 30 Mar - IT demand of ₹1,24,85,560 for AY 2017-18; company contests, expects no material outflow. | [Action Initiated Or Ordered Passed 30 Mar - IT demand of ₹1,24,85,560 for AY 2017-18; company contests, expects no material outflow.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a71bc1d0-151b-4414-83c1-2dfab262c784.pdf) |
| 30 Jan - Board meeting on 6 Feb 2026 to approve Q3/9M results (ended 31 Dec 2025); trading window closed until 48 hours post-declaration. | [Board Meeting Intimation for Consideration And Approval Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended On 31.12.2025. 30 Jan - Board meeting on 6 Feb 2026 to approve Q3/9M results (ended 31 Dec 2025); trading window closed until 48 hours post-declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5a91761-5923-4ec6-99b0-e59327419694.pdf) |
| 30 Apr - Board meeting on 11 May 2026 to approve FY26 audited results and consider dividend. | [Board Meeting Intimation for The Consideration And Approval Of The Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Financial Year Ended 31St March, 2026. 30 Apr - Board meeting on 11 May 2026 to approve FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ca8c9d99-2c10-45dd-b841-1c4597de54c0.pdf) |
| 30 Apr - Board meeting on 11 May 2026 to approve FY26 audited results and consider dividend. | [Board Meeting Intimation for The Consideration And Approval Of The Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Financial Year Ended 31St March, 2026. 30 Apr - Board meeting on 11 May 2026 to approve FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/ca8c9d99-2c10-45dd-b841-1c4597de54c0.pdf) |
| 2 Apr - Newspaper Advertisement in connection to Special Window opened from 5th February 2026 till 4th February 2027. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Apr - Newspaper Advertisement in connection to Special Window opened from 5th February 2026 till 4th February 2027.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2c7811c9-0736-45c9-94e1-5d59509a48b9.pdf) |
| 2 Apr - Income tax demand notice for AY 2017-18 raised ₹1.24 crore; company will contest it. | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulation, 2015 2 Apr - Income tax demand notice for AY 2017-18 raised ₹1.24 crore; company will contest it.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8ffe2b9a-924d-47d8-895a-6fd3549d26d0.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_581_GILLANDERS_2012_2013_16072013181506.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/23a36c69-3ea4-439e-91a2-4821284fb48e.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a9f87100-8f52-44cf-96e6-c2f050f16989.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9a82b0f-7a5f-4031-971a-434ff9f1f2dc.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5afc4a28-690e-497f-8e6e-bf45d323f796.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532716/73495532716.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532716/69029532716.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532716/5327160320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532716/5327160319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532716/5327160318.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 2026-09-13T19:09:03.932Z.