---
title: "Maha Rashtra Apex Corporation Ltd (MAHAPEXLTD) — Share Price, Financials & Analysis"
symbol: "MAHAPEXLTD"
company: "Maha Rashtra Apex Corporation Ltd"
canonical: "https://tapetide.com/stocks/MAHAPEXLTD"
isin: "INE843B01013"
nse_symbol: "MAHAPEXLTD"
bse_code: "523384"
sector: "Financial Services"
industry: "Other Financial Services"
market_cap_cr: 154.36
generated_at: "2026-09-13T18:47:00.776Z"
---

# Maha Rashtra Apex Corporation Ltd (MAHAPEXLTD)

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

## Company

- **NSE Symbol:** MAHAPEXLTD
- **BSE Code:** 523384
- **ISIN:** INE843B01013
- **Sector:** Financial Services
- **Industry:** Other Financial Services
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 1998-01-21
- **CEO:** Mr. Aspi Nariman Katgara C.A., L.L.B.
- **Employees:** 19
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** maharashtraapex.com

## About

Incorporated in 1943, Maha Rashtra Apex Corporation Ltd is engaged in financial activities and other related services[1]

## Latest Price

- **Price:** ₹54.57
- **Change:** -1.66 (-2.95%)
- **Open:** ₹57.63
- **Day High:** ₹57.63
- **Day Low:** ₹54
- **Previous Close:** ₹56.23
- **Volume:** 6489
- **As Of:** 2026-09-11T09:59:09+00:00

## Key Fundamentals

Observed at 2026-09-11T04:40:06.745342Z.

- **Market Cap:** ₹154.36 Cr
- **Classification:** Microcap
- **P/E (reported):** -6
- **EPS (TTM):** ₹-9.67
- **Book Value:** ₹167.82
- **Price to Book:** 0.34
- **Dividend Yield:** 0%
- **ROE:** -1.5%
- **ROCE:** -1.34%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹4.7 Cr
- **Net Income:** ₹-6.9 Cr
- **EBITDA:** ₹2.6 Cr
- **52-Week High:** ₹75.48
- **52-Week Low:** ₹37.25
- **RSI (14):** 55.34

## Tapetide Score

- **Score:** 54 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Falling
- **Percentile:** 65.6 (of 4473 scored stocks)
- **Confidence:** 91%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 73.34 | 9% |
| growth | 96.36 | 9% |
| momentum | 11.18 | 12% |
| ownership | 50 | 24% |
| quality | 75.73 | 22% |
| valuation | 59.04 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.34 times its book value
- Promoter holding has increased by 9.03% over last quarter.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -12.5% over past five years.
- Company has a low return on equity of -3.70% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 60.23% | 80.7% | 24.67% |
| ebitda margin growth | 180% | -13.34% | -12.78% | 2.25% |
| net income growth | 170% | -135.03% | 22% | -630.77% |
| revenue growth | 720% | -40.51% | -21% | -13% |
| roce | -178.95% | -126.22% | -84.65% | -8.12% |
| roe | -170.16% | -135.55% | -2.12% | -268.54% |

## 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 | 0.73 | 0.63 | 6.88 | 0.53 | 0.48 | 0.05 | 0.3 | 0.05 | 0.06 | 1.97 | 0.06 | 0.06 |
| Expenses | 0.87 | 90.81 | 1.25 | 1.02 | 9.28 | 13.01 | 0.45 | 0.47 | 31.06 | 0.56 | 5.04 | 0.52 |
| Operating Profit | -0.14 | -90.18 | 5.63 | -0.49 | -8.8 | -12.96 | -0.15 | -0.42 | -31 | 1.41 | -4.98 | -0.46 |
| OPM % | -19.18 | -14314.29 | 81.83 | -92.45 | -1833.33 | -25920 | -50 | -840 | -51666.67 | 71.57 | -8300 | -766.67 |
| Other Income | 3.03 | 0.5 | 413.84 | 0.79 | 0.84 | 6.31 | 26.56 | 24.3 | 0.32 | 3.83 | 0.43 | 4.07 |
| Interest | 0 | 0.01 | 0 | 0.01 | 0.01 | 0 | -0.02 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 |
| Profit before tax | 2.88 | -89.7 | 419.46 | 0.28 | -7.98 | -6.66 | 26.42 | 23.87 | -30.69 | 5.23 | -4.56 | 3.59 |
| Tax % | 15.62 | 0 | 0.25 | 0 | -0.13 | 2.1 | 15.22 | 0 | 0 | 6.12 | 8.77 | 3.34 |
| Net Profit | 2.42 | -89.7 | 418.39 | 0.28 | -7.97 | -6.8 | 22.4 | 23.86 | -30.69 | 4.91 | -4.96 | 3.48 |
| EPS in Rs | 0.86 | -31.81 | 148.37 | 0.1 | -2.83 | -2.41 | 7.94 | 8.46 | -10.88 | 1.74 | -1.76 | 1.23 |

### 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 | 10 | 9 | 5 | 8 | 8 | 9 | 9 | 8 | 4 | 2 |
| Expenses | 5 | 5 | 7 | 3 | 9 | 52 | 51 | 3 | 11 | 37 |
| Operating Profit | 5 | 4 | -1 | 5 | -1 | -43 | -41 | 5 | -7 | -35 |
| OPM % | 51 | 45 | -20 | 62 | -8 | -500 | -438 | 63 | -168 | -1629 |
| Other Income | 1 | 7 | 15 | 27 | 3 | 2 | 3 | 19 | 1 | 9 |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 5 | 10 | 14 | 32 | 2 | -42 | -39 | 24 | -6 | -26 |
| Tax % | 17 | 0 | 0 | -5 | 30 | 0 | 4 | 17 | 12 | — |
| Net Profit | 54 | 10 | 14 | 34 | 1 | -42 | -40 | 20 | -7 | -27 |
| EPS in Rs | 19.13 | 3.55 | 4.86 | 11.96 | 0.48 | -14.85 | -14.35 | 6.97 | -2.44 | -9.67 |
| 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 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 23 | 77 | 87 | 101 | 135 | 136 | 99 | 432 | 452 | 445 |
| Borrowings | 6 | 6 | 6 | 6 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 109 | 105 | 103 | 107 | 111 | 110 | 96 | 87 | 77 | 77 |
| Total Liabilities | 152 | 201 | 211 | 228 | 261 | 261 | 209 | 534 | 543 | 536 |
| Fixed Assets | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 139 | 190 | 196 | 209 | 238 | 236 | 188 | 504 | 513 | 503 |
| Other Assets | 10 | 8 | 12 | 16 | 19 | 22 | 18 | 27 | 27 | 29 |
| Total Assets | 152 | 201 | 211 | 228 | 261 | 261 | 209 | 534 | 543 | 536 |

### 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 | 0 | 0 | -2 | 5 | 1 | -2 | -8 | -9 | -4 | -2 |
| Cash from Investing Activity | 0 | 0 | 6 | 0 | 0 | 1 | 5 | 6 | 1 | 0 |
| Cash from Financing Activity | 0 | -1 | -1 | -6 | 1 | 1 | 1 | 0 | 6 | 2 |
| Net Cash Flow | 0 | -1 | 3 | -1 | 1 | 0 | -2 | -2 | 2 | 0 |
| Free Cash Flow | 1 | 0 | -2 | 5 | 1 | -2 | -8 | -9 | -5 | -2 |
| CFO/OP | 1 | 6 | -45 | -444 | 39 | 375 | 17 | 21 | -92 | 24 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 15 | 16 | 27 | 18 | 8 | 9 | 5 | 8 | 0 | 1 |
| Cash Conversion Cycle | 15 | 16 | 27 | 18 | 8 | 9 | 5 | 8 | 0 | 1 |
| Working Capital Days | -4730 | -3952 | -4142 | -7176 | -4515 | -4571 | -3675 | -2747 | -2865 | -4768 |
| ROCE % | — | 8 | 4 | 12 | 23 | 0 | -33 | -15 | 3 | -2 |

## 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 | 62.54% | 62.54% | 62.54% | 62.54% | 62.54% | 62.54% | 62.54% | 62.54% | 62.54% | 62.54% | 62.54% | 71.57% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 33.21% | 33.23% | 33.1% | 32.77% | 32.84% | 32.95% | 33.35% | 33.24% | 33.08% | 32.92% | 32.84% | 24.42% |
| Others | 4.24% | 4.23% | 4.35% | 4.68% | 4.61% | 4.5% | 4.11% | 4.22% | 4.37% | 4.53% | 4.61% | 4.01% |
| No. of Shareholders | 10340 | 10727 | 10834 | 11650 | 12835 | 15578 | 15870 | 15561 | 15333 | 15274 | 15805 | 15657 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 4 / 6 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 55.07 | Sell |
| EMA (10) | 55.05 | Sell |
| SMA (20) | 56.24 | Sell |
| EMA (20) | 54.57 | Sell |
| SMA (50) | 50.09 | Buy |
| EMA (50) | 52.5 | Buy |
| SMA (100) | 49.78 | Buy |
| EMA (100) | 55.17 | Sell |
| SMA (200) | 68.86 | Sell |
| EMA (200) | 66.19 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.52 | Neutral |
| MACD (12,26,9) | 1.07 | Sell |
| Stochastic (14,3,3) | 30.92 | Neutral |
| ADX (14) | 26.87 | Buy |
| Williams %R (14) | -64.53 | Neutral |
| ATR (14) | 3.92 | High Volatility |
| ROC (12) | -4.73 | Sell |
| Stoch RSI (14) | 22.99 | Neutral |
| UO (7,14,28) | 42.24 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-24 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c11797db-4d18-4a61-ab88-5b4abbd9866b.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08110423-52ac-4346-b01e-1a65d7effb44.pdf) |
| 2026-08-13 | [Announcement For Venturing Into New Business Activity](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0b98a07e-0ae8-47ad-a762-78da9eca9770.pdf) |
| 2026-08-07 | [Board Meeting Intimation for Board Meeting Notice To Consider And Approve The Un-Audited Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8cb1c8d-50e0-4978-ac1e-d8a8fd5cd2cc.pdf) |
| 2026-08-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9e1d3b2-cb45-4441-ad95-318ab2315fc5.pdf) |
| 2026-07-24 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 24Th July 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ccadc24-829c-45e8-8f69-4a81bd6f9525.pdf) |
| 2026-07-09 | [Corrigendum To The Outcome Of The Board Meeting Dated 08Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d2134053-4f3f-400a-a0ae-5d0197d42335.pdf) |
| 2026-07-03 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0dd7646b-9f42-4db5-9828-6568c2d13574.pdf) |
| 2026-06-23 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=768c53e7-6d58-4147-bb9e-c8b2f7ee7d73.pdf) |
| 2026-06-11 | [Intimation Of Submission Of Application For Reclassification Of Promoter/ Promoter Group From "Promoter And Promoter Group Category To "Public Category Shareholders Of The Company Pursuant To Regulation 31A Of Securities And Exchange Board Of India (Listi](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9be73bef-228a-49fc-8933-e6fae0370c74.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Un-Audited Results For Quarter Ended June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fee865c2-dc8a-4d88-8a99-c1ba012c511d.pdf) |
| 2026-02-12 | [Un-Audited Financial Results For The Quarter Ended 31St December 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c7d2044-7a48-416b-9e43-416b60eeeaa4.pdf) |
| 2025-11-14 | [Revised Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b3b9fb1-02ca-480b-a861-ac68b1473452.pdf) |
| 2025-11-13 | [Un-Audited Financial Results For The Quarter/Half Year Ended 30Th September2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61eb47bc-4dc5-46f3-b3e7-d89e8910b16e.pdf) |
| 2025-05-30 | [Audited Financial Results For The Year Ended 31St March2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32807742-4429-444e-bd7f-bddb5f69d644.pdf) |
| 2025-02-10 | [Attached Un-Audited Financial Result For The Quarter Ended 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4dac8181-3b58-479e-b1fc-9ca483c72037.pdf) |
| 2024-11-13 | [Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1acdffa0-3648-4f77-a419-b57650cb7bf1.pdf) |
| 2024-09-19 | [Revised Financial Results For The Year Ended 31St March,2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4e1bd9e-e534-46ee-875e-b053725178c7.pdf) |
| 2024-08-13 | [Un-Audited Financial Results For The Quarter Ended 30Th June,2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=754a9059-78e1-44b8-98e7-9064b78901a1.pdf) |
| 2024-06-28 | [Audited Financial Results For The Quarter And Year Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5aa1d9b2-bac5-4f45-8640-a48f7b6e70c5.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Mar - Board meeting on March 11, 2026 to consider pricing, entitlement ratio, letter of offer and schedule for rights issue. | [Board Meeting Intimation for Board Meeting To Consider Approval Of The Pricing Terms, Right Entitlement Ratios And Schedule Of The Issue And Approval Of Letter Of Offer. 7 Mar - Board meeting on March 11, 2026 to consider pricing, entitlement ratio, letter of offer and schedule for rights issue.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/568fcbe6-4b2c-42a9-89f0-45db4d633a02.pdf) |
| 4 May - Board allotted 1,40,91,896 rights shares at Rs.10, doubling paid-up equity capital. | [Allotment Of Rights Issue 4 May - Board allotted 1,40,91,896 rights shares at Rs.10, doubling paid-up equity capital.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b401eda4-4087-4553-ba15-af2afd371331.pdf) |
| 4 May - Board allotted 1,40,91,896 rights shares at Rs.10, doubling paid-up equity capital. | [Allotment Of Rights Issue 4 May - Board allotted 1,40,91,896 rights shares at Rs.10, doubling paid-up equity capital.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/b401eda4-4087-4553-ba15-af2afd371331.pdf) |
| 30 Mar - Newspaper Publication of the advertisement published on 29th March, 2026 in compliance with Regulation 84 SEBI ICDR Regulations towards Right Issue of the Company. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Mar - Newspaper Publication of the advertisement published on 29th March, 2026 in compliance with Regulation 84 SEBI ICDR Regulations towards Right Issue of the Company.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f038df65-88f1-486e-abfa-db01be0e709d.pdf) |
| 30 Apr - Rights issue of 1,40,91,896 shares aggregating Rs.1,409.18 lakh closed on April 30, 2026. | [Intimation Of Closure Of Rights Issue 30 Apr - Rights issue of 1,40,91,896 shares aggregating Rs.1,409.18 lakh closed on April 30, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86fcecc5-53bc-43ed-9622-37cb2523cd4a.pdf) |
| 30 Apr - Rights issue of 1,40,91,896 shares aggregating Rs.1,409.18 lakh closed on April 30, 2026. | [Intimation Of Closure Of Rights Issue 30 Apr - Rights issue of 1,40,91,896 shares aggregating Rs.1,409.18 lakh closed on April 30, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/86fcecc5-53bc-43ed-9622-37cb2523cd4a.pdf) |
| 2d - Copy of Newspaper publication for Basis of Allotment of Right shares | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2d - Copy of Newspaper publication for Basis of Allotment of Right shares](https://www.bseindia.com/xml-data/corpfiling/AttachLive/5a6d2e54-693b-47ac-a030-409fa06a609d.pdf) |
| 2 Apr - Company filed RTA certificate for dematerialisation requests during quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 2 Apr - Company filed RTA certificate for dematerialisation requests during quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/883b93da-2e39-42a1-90b7-82e6cd04e5ad.pdf) |
| 13 Mar - Maharashtra Apex: Rights entitlements ISIN INE843B20013 to be credited before issue opening. | [Intimation Of International Securities Identification Number ('ISIN') For The Rights Entitlements To Be Credited For The Purpose Of Rights Issue. 13 Mar - Maharashtra Apex: Rights entitlements ISIN INE843B20013 to be credited before issue opening.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/59ce16e0-850c-4799-90dc-adba37321480.pdf) |
| 11 Mar - Rights issue up to 1,40,91,896 shares at ₹10; record date Mar 20; issue Apr 2–30, 2026. | [Board Meeting Outcome for Outcome Of The Board Meeting Of Maha Rashtra Apex Corporation Limited Held On March 11, 2026. Ref: Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended ('Listing Regulations'). 11 Mar - Rights issue up to 1,40,91,896 shares at ₹10; record date Mar 20; issue Apr 2–30, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9549f580-0360-437f-9361-6dd73cb96bd1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9e1d3b2-cb45-4441-ad95-318ab2315fc5.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f98a20e8-0187-4279-9131-8a966933a573.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/62161e60-b851-4a20-bfff-7c6bf8a027b7.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/af87eafe-7253-45d2-9e4f-17476a76649b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523384/76814523384_19_09_22.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/523384/72214523384_17_09_21.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/523384/66898523384.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/523384/5233840319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/523384/5233840318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/523384/5233840317.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 2026-09-13T18:47:00.776Z.