---
title: "MBL Infrastructure Ltd (MBLINFRA) — Share Price, Financials & Analysis"
symbol: "MBLINFRA"
company: "MBL Infrastructure Ltd"
canonical: "https://tapetide.com/stocks/MBLINFRA"
isin: "INE912H01013"
nse_symbol: "MBLINFRA"
bse_code: "533152"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 352.8
generated_at: "2026-09-13T18:59:37.702Z"
---

# MBL Infrastructure Ltd (MBLINFRA)

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

## Company

- **NSE Symbol:** MBLINFRA
- **BSE Code:** 533152
- **ISIN:** INE912H01013
- **Sector:** Construction
- **Industry:** Civil Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2010-01-11
- **CEO:** Mr. Anjanee Kumar Lakhotia
- **Employees:** 246
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** mblinfra.com

## About

Incorporated in 1995, MBL Infrastructure Ltd provides integrated engineering, procurement and construction services for civil construction and other infrastructure projects[1]

## Latest Price

- **Price:** ₹23
- **Change:** -0.13 (-0.56%)
- **Open:** ₹23.7
- **Day High:** ₹23.7
- **Day Low:** ₹22.7
- **Previous Close:** ₹23.13
- **Volume:** 12917
- **As Of:** 2026-09-11T09:58:58+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:28.728379Z.

- **Market Cap:** ₹352.8 Cr
- **Classification:** Microcap
- **P/E (reported):** -23.1
- **EPS (TTM):** ₹-1
- **Book Value:** ₹62.03
- **Price to Book:** 0.37
- **Dividend Yield:** 0%
- **ROE:** -2.36%
- **ROCE:** 3.52%
- **Debt to Equity:** 1.03
- **Revenue (yearly):** ₹271.6 Cr
- **Net Income:** ₹-22.6 Cr
- **EBITDA:** ₹106 Cr
- **52-Week High:** ₹52.48
- **52-Week Low:** ₹18.37
- **RSI (14):** 42.9

## Tapetide Score

- **Score:** 57 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Falling
- **Percentile:** 77.8 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 27.17 | 9% |
| growth | 98.9 | 9% |
| momentum | 47.07 | 12% |
| ownership | 50.66 | 24% |
| quality | 52.85 | 22% |
| valuation | 71.99 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.37 times its book value
- Company is expected to give good quarter

### Weaknesses

- The company has delivered a poor sales growth of -2.79% over past five years.
- Company has a low return on equity of -8.44% over last 3 years.
- Earnings include an other income of Rs.120 Cr.
- Company has high debtors of 215 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 106.34% | 71.04% | 621.46% |
| ebitda margin growth | -53.02% | 741.38% | 102.07% | 112.64% |
| net income growth | 38.82% | -113.33% | -14% | — |
| revenue growth | -47.76% | 9.34% | 3% | -3% |
| roce | -68.65% | -70.27% | -610.14% | 2.6% |
| roe | -38.65% | -113.21% | 3.41% | — |

## 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 | 20.94 | 32.68 | 24.04 | 33.75 | 32.95 | 30.45 | 31.17 | 27.69 | 74.32 | 50.7 | 52.18 | 37.55 |
| Expenses | 41.72 | 56.33 | 43.2 | 59.59 | 68.37 | 67.43 | 38.22 | 49.5 | 70.88 | 51.85 | 46.22 | 27.42 |
| Operating Profit | -20.78 | -23.65 | -19.16 | -25.84 | -35.42 | -36.98 | -7.05 | -21.81 | 3.44 | -1.15 | 5.96 | 10.13 |
| OPM % | -99.24 | -72.37 | -79.7 | -76.56 | -107.5 | -121.44 | -22.62 | -78.76 | 4.63 | -2.27 | 11.42 | 26.98 |
| Other Income | 31.44 | 35.57 | 28.81 | 272.39 | 81.56 | 33.11 | 11.39 | 35.11 | 28.58 | 15.37 | 57.07 | 19.45 |
| Interest | 7.19 | 6.23 | 6.58 | 6.51 | 7.94 | 11.26 | 38.1 | 11.97 | 11.92 | 9.69 | 4.89 | 4.55 |
| Depreciation | 14.57 | 14.98 | 14.45 | 16.22 | 14.4 | 15.58 | 14.32 | 13.77 | 12.45 | 14.04 | 14.03 | 14.22 |
| Profit before tax | -11.1 | -9.29 | -11.38 | 223.82 | 23.8 | -30.71 | -48.08 | -12.44 | 7.65 | -9.51 | 44.11 | 10.81 |
| Tax % | -0.09 | 0 | -0.79 | 0 | -0.04 | -0.1 | -1.29 | 0.08 | -0.13 | -1.37 | 119.18 | 148.01 |
| Net Profit | -11.09 | -9.29 | -11.29 | 223.82 | 23.81 | -30.68 | -47.46 | -12.45 | 7.66 | -9.38 | -8.46 | -5.19 |
| EPS in Rs | -1.06 | -0.89 | -1.08 | 20.39 | 1.99 | -2.56 | -3.87 | -0.82 | 0.5 | -0.61 | -0.55 | -0.34 |

### 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 | 511 | 154 | 213 | 203 | 164 | 159 | 122 | 128 | 176 | 215 |
| Expenses | 454 | 224 | 267 | 99 | 133 | 102 | 70 | 83 | 68 | 196 |
| Operating Profit | 57 | -70 | -54 | 104 | 32 | 58 | 53 | 45 | 108 | 18 |
| OPM % | 11 | -46 | -25 | 51 | 19 | 36 | 43 | 35 | 61 | 9 |
| Other Income | 230 | -197 | 387 | 129 | 96 | 142 | 131 | 398 | 112 | 120 |
| Interest | 252 | 19 | 67 | 162 | 116 | 178 | 160 | 214 | 136 | 31 |
| Depreciation | 23 | 20 | 55 | 96 | 67 | 72 | 63 | 61 | 54 | 55 |
| Profit before tax | 12 | -306 | 212 | -25 | -55 | -51 | -39 | 169 | 30 | 53 |
| Tax % | -58 | -14 | -25 | -357 | -100 | 0 | 0 | 0 | 176 | — |
| Net Profit | 19 | -264 | 265 | 63 | 0 | -51 | -39 | 169 | -23 | -15 |
| EPS in Rs | 5.47 | -25.19 | 25.32 | 6.05 | 0.01 | -4.82 | -3.75 | 13.83 | -1.48 | -1 |
| 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 | 41 | 41 | 105 | 105 | 105 | 105 | 105 | 105 | 123 | 153 |
| Reserves | 633 | 654 | 387 | 652 | 715 | 732 | 681 | 642 | 826 | 803 |
| Borrowings | 1934 | 1379 | 1437 | 1253 | 1248 | 1204 | 1139 | 1036 | 955 | 988 |
| Other Liabilities | 299 | 770 | 1035 | 993 | 955 | 975 | 1031 | 1103 | 1096 | 1006 |
| Total Liabilities | 2907 | 2844 | 2963 | 3003 | 3023 | 3016 | 2956 | 2886 | 3000 | 2950 |
| Fixed Assets | 224 | 180 | 964 | 910 | 837 | 770 | 698 | 683 | 633 | 579 |
| CWIP | 860 | 725 | 0 | 14 | 17 | 34 | 47 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1823 | 1939 | 1999 | 2079 | 2169 | 2212 | 2211 | 2203 | 2367 | 2371 |
| Total Assets | 2907 | 2844 | 2963 | 3003 | 3023 | 3016 | 2956 | 2886 | 3000 | 2950 |

### 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 | -322 | 83 | 277 | -6 | 34 | -16 | 77 | 48 | 40 | 82 |
| Cash from Investing Activity | -78 | -60 | -78 | -13 | -26 | -16 | -11 | 1 | -8 | 5 |
| Cash from Financing Activity | 392 | -22 | -203 | 27 | 3 | 52 | -74 | -57 | -38 | -54 |
| Net Cash Flow | -8 | 0 | -3 | 8 | 11 | 20 | -8 | -8 | -6 | 33 |
| Free Cash Flow | -412 | 16 | 199 | -19 | 8 | -33 | 63 | 47 | 37 | 82 |
| CFO/OP | -1404 | 152 | -392 | 10 | 33 | -44 | 136 | 88 | 73 | 60 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 39 | 74 | 227 | 127 | 91 | 124 | 287 | 344 | 321 | 215 |
| Inventory Days | 5 | 62 | 51 | 94 | 38 | — | — | — | — | — |
| Days Payable | 22 | 444 | 551 | 915 | 519 | — | — | — | — | — |
| Cash Conversion Cycle | 21 | -307 | -273 | -694 | -389 | 124 | 287 | 344 | 321 | 215 |
| Working Capital Days | -173 | -145 | -896 | -800 | -730 | -937 | -1018 | -1604 | -2193 | -1656 |
| ROCE % | 1 | 4 | 0 | 0 | 6 | 3 | 6 | 7 | 6 | 8 |

## 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 | 68.27% | 68.25% | 67.4% | 68.85% | 71.45% | 71.45% | 69.74% | 74.01% | 74.01% | 74.01% | 74.57% | 74.57% |
| FIIs | 0% | 0.01% | 0% | 0.04% | 0% | 0.04% | 0.04% | 0.02% | 0.02% | 0.01% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0.54% | 0.53% | 0.43% | 0.43% | 0% | 0.42% | 0.42% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 24.05% | 23.03% | 22.96% | 22.49% | 20.55% | 20.52% | 20.06% | 17.55% | 17.28% | 17.45% | 17.31% | 17.27% |
| Others | 7.68% | 8.7% | 9.64% | 8.62% | 8% | 7.44% | 9.63% | 7.99% | 8.27% | 8.53% | 7.7% | 7.74% |
| No. of Shareholders | 18977 | 18301 | 19887 | 26003 | 26421 | 25421 | 24920 | 25144 | 25212 | 24699 | 24120 | 24142 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 7 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 23.45 | Sell |
| EMA (10) | 23.43 | Sell |
| SMA (20) | 23.57 | Sell |
| EMA (20) | 23.68 | Sell |
| SMA (50) | 24.57 | Sell |
| EMA (50) | 24.42 | Sell |
| SMA (100) | 25.52 | Sell |
| EMA (100) | 25.39 | Sell |
| SMA (200) | 26.84 | Sell |
| EMA (200) | 28.06 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 41.95 | Neutral |
| MACD (12,26,9) | -0.37 | Buy |
| Stochastic (14,3,3) | 37.78 | Neutral |
| ADX (14) | 15.81 | Neutral |
| Williams %R (14) | -66.67 | Neutral |
| ATR (14) | 1.26 | High Volatility |
| ROC (12) | -2.87 | Sell |
| Stoch RSI (14) | 52.3 | Neutral |
| UO (7,14,28) | 43.98 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Board meets 11 Apr 2026 to consider fund raising and equity issuance to promoter group. | [Board Meeting Intimation for Board Meeting Intimation 9h - Board meets 11 Apr 2026 to consider fund raising and equity issuance to promoter group.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/22c89901-f867-4bd0-b781-c06747b522a2.pdf) |
| 9 Apr - MBL Infrastructure explains recent share price rise, citing sector sentiment, geopolitics, and infrastructure opportunities. | [Clarification Dated 09.04.2026 9 Apr - MBL Infrastructure explains recent share price rise, citing sector sentiment, geopolitics, and infrastructure opportunities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed598913-8098-4d39-8ca6-c477b5fd94b3.pdf) |
| 5 Feb - Board meeting on 14 Feb 2026 to approve unaudited Q3/9M results ended 31 Dec 2025. | [Board Meeting Intimation for Un-Audited Financial Results (Both Standalone And Consolidated) For The Quarter And Nine Months Ended 31St December, 2025 5 Feb - Board meeting on 14 Feb 2026 to approve unaudited Q3/9M results ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5be4da4-01e1-4bbf-8b20-ba2ad5a6d481.pdf) |
| 17 Apr - MBL Infrastructure confirms it is not a Large Corporate for FY2026 under SEBI circular. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 17 Apr - MBL Infrastructure confirms it is not a Large Corporate for FY2026 under SEBI circular.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa6a3408-7407-4638-bd78-3fa4273b91a4.pdf) |
| 14 Feb - Unaudited Q3 and nine-month results to Dec 31, 2025; investments Rs.18,505L, Rs.5,110L; CIRP noted. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 14Th February, 2026 14 Feb - Unaudited Q3 and nine-month results to Dec 31, 2025; investments Rs.18,505L, Rs.5,110L; CIRP noted.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/dbc4098f-29ba-4a86-b001-cb7beb01e5ce.pdf) |
| 14 Feb - Q3 FY26: standalone profit ~22.14 Cr; consolidated loss ₹29.38 Cr; MPRTCL debt-free; concession extended to Aug 2028. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 14 Feb - Q3 FY26: standalone profit ~22.14 Cr; consolidated loss ₹29.38 Cr; MPRTCL debt-free; concession extended to Aug 2028.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a6d63ea8-581d-431c-b5c3-cee74debee29.pdf) |
| 11 Apr - Board approved up to Rs.300 crore fundraising and allotted 19 lakh shares to MLSMH LLP. | [Board Meeting Outcome for Outcome Of Board Meeting 11 Apr - Board approved up to Rs.300 crore fundraising and allotted 19 lakh shares to MLSMH LLP.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0865145-b92e-4e71-bc6c-81205b3553f0.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Outcome of AGM 12 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d8347e8-fd6a-4359-8d04-0d16258f614f.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 12 Sep](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c6a4543-cbba-421c-86fa-e30614ff7724.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ad79fa0-8cbc-454e-8c40-dfbc21b6e370.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d756ce54-4a73-49e5-a986-87ba6821bd24.pdf) |
| 2026-08-13 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c4a8491-0f7b-4bb1-bbdc-fae02f804e5f.pdf) |
| 2026-08-11 | [Intimation About 31St AGM Book Closure & Cut-Off Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f05522e-e591-4df3-95de-7231101a7434.pdf) |
| 2026-07-28 | [Update On Arbitration Award](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32875975-3925-4224-857d-d974ef361632.pdf) |
| 2026-07-28 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87d5cba8-f662-4dce-94b8-061bd334a137.pdf) |
| 2026-07-23 | [Board Meeting Outcome for Outcome Of Board Meeting 23.07.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7f7f6b0e-d27d-4187-be2e-ac6c8b0bac57.pdf) |
| 2026-07-20 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9076397d-557c-4f3a-be44-6b1733a15d4c.pdf) |
| 2026-07-16 | [Board Meeting Intimation for Board Meeting Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4adfb77a-57c3-4df2-84e7-1711bcad578a.pdf) |
| 2026-06-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e519680f-a457-444c-9be8-aebdd539bd97.pdf) |
| 2026-06-01 | [Disclosures under Reg. 29(1) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5B3E9B94_F550_4ECB_93CC_9789CC0FD268_174054.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bee2aa44-bdcf-44cf-a89f-53359d55d05d.pdf) |
| 2026-07-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=499018cf-b26c-4d5e-8e8e-34810a75c630.pdf) |
| 2026-02-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a59f439b-e394-42ec-bfbc-c1a636d10f58.pdf) |
| 2025-11-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=366235bf-8e47-423f-b949-95dee8e5b34a.pdf) |
| 2025-09-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ef66797-4cd8-4e21-902c-48ed25b4c31e.pdf) |
| 2024-11-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d63692b-c0ee-4631-8ecb-17b56370022c.pdf) |
| 2024-09-11 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce876030-be49-4495-832e-af25ff2bf502.pdf) |
| 2023-08-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51202cf1-db4c-44c3-a0f1-748cfb996ed6.pdf) |
| 2022-06-24 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b7c948c0-a202-4d89-a205-1b7adf7d6397.pdf) |
| 2022-02-22 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a46fce92-eec2-4a95-a3bf-593eaba67ae2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0c4a8491-0f7b-4bb1-bbdc-fae02f804e5f.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e3963ed1-831c-4ccd-9885-2120db385b61.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fff7877-c5db-4cb3-8aa3-ddef8a8727a2.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/79a0ea8b-84ac-4aea-a500-8cd0532b390a.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533152/73347533152.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533152/68881533152.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/533152/66258533152.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/533152/5331520319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/533152/5331520318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/533152/5331520317.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ef66797-4cd8-4e21-902c-48ed25b4c31e.pdf) |
| Sep 2024 | [Concall - Sep 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce876030-be49-4495-832e-af25ff2bf502.pdf) |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6efe2361-e6c9-4468-afa8-bc5a7a12430f.pdf) |
| Sep 2020 | [Concall - Sep 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6efe2361-e6c9-4468-afa8-bc5a7a12430f.pdf) |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52599C64_ABF7_4711_853F_148C78D79ABA_195418.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/366235bf-8e47-423f-b949-95dee8e5b34a.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1d63692b-c0ee-4631-8ecb-17b56370022c.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1ddf2a2b-8adf-4a8f-b7de-51ec454f73bf.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/1ddf2a2b-8adf-4a8f-b7de-51ec454f73bf.pdf) |
| Nov 2016 | [Concall - Nov 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=A28404E4_8769_4AFD_B84E_28F41D9334DC_133852.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2025-02-14 | [Un-Audited Financial Results (Both Standalone & Consolidated) For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2622d4e7-0322-4425-b8b8-da00f92c95fc.pdf) |
| 2024-11-14 | [Unaudited Financial Result 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e1ab977-6b82-4cd7-95a7-1026d469574c.pdf) |
| 2024-08-13 | [Un-Audited Financial Results (Both Standalone & Consolidated) For The Quarter Ended 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d4cd817-a178-48c4-a16b-44cfc3d1237b.pdf) |
| 2024-05-30 | [Audited Financial Result 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d814f492-50d4-48e3-b323-df0039f63dbb.pdf) |
| 2024-02-14 | [Un-Audited Financial Results (Both Standalone & Consolidated) For The Quarter And Nine Months Ended 31St December, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a825bc49-600a-4f5c-b760-5e5b77d930bc.pdf) |
| 2023-11-11 | [Un-Audited Financial Results For The Quarter And Half Year Ended 30.09.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2725e2d3-eed2-4390-9287-8208221166e5.pdf) |
| 2023-08-12 | [Un-Audited Financial Result 30.06.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b0dd324-249c-4421-9fe5-5236306b0605.pdf) |
| 2023-05-29 | [Board Meeting Outcome for Outcome Of Board Meeting 29.05.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96f77ca2-13ae-47be-8fde-3ba64761f892.pdf) |
| 2023-05-29 | [Audited Financial Results (Both Standalone & Consolidated) For The Year Ended On 31St March, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1d6f791-5774-4779-8b8e-5846ea0f52d2.pdf) |
| 2023-02-14 | [Board Meeting Outcome for Outcome Of Board Meeting 14.02.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb8663e6-9268-4fc8-8a9a-821ef62757eb.pdf) |

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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 2026-09-13T18:59:37.702Z.