---
title: "Munjal Showa Ltd (MUNJALSHOW) — Share Price, Financials & Analysis"
symbol: "MUNJALSHOW"
company: "Munjal Showa Ltd"
canonical: "https://tapetide.com/stocks/MUNJALSHOW"
isin: "INE577A01027"
nse_symbol: "MUNJALSHOW"
bse_code: "520043"
sector: "Automobiles"
industry: "Auto Components"
market_cap_cr: 508.94
generated_at: "2026-09-13T18:59:36.693Z"
---

# Munjal Showa Ltd (MUNJALSHOW)

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

## Company

- **NSE Symbol:** MUNJALSHOW
- **BSE Code:** 520043
- **ISIN:** INE577A01027
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2003-05-12
- **CEO:** Mr. Yogesh Chander Munjal
- **Employees:** 2088
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** munjalshowa.net

## About

Incorporated in 1985, Munjal Showa
 Ltd manufactures auto components 
for two-wheelers and four-wheeler[1]

## Latest Price

- **Price:** ₹127.66
- **Change:** +0.59 (+0.46%)
- **Open:** ₹127.47
- **Day High:** ₹128.4
- **Day Low:** ₹125.42
- **Previous Close:** ₹127.07
- **Volume:** 14894
- **As Of:** 2026-09-11T09:59:56+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:52.659765Z.

- **Market Cap:** ₹508.94 Cr
- **Classification:** Microcap
- **P/E (reported):** 20.8
- **P/E (TTM):** 20.56
- **EPS (TTM):** ₹6.21
- **EPS (reported):** ₹7.75
- **Book Value:** ₹169.53
- **Price to Book:** 0.76
- **Dividend Yield:** 3.54%
- **ROE:** 3.23%
- **ROCE:** 4.3%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹1335 Cr
- **Net Income:** ₹21.9 Cr
- **EBITDA:** ₹42.5 Cr
- **52-Week High:** ₹150.9
- **52-Week Low:** ₹110.3
- **RSI (14):** 33.83

## Tapetide Score

- **Score:** 52 / 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: Falling
- **Percentile:** 56.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 72.74 | 9% |
| growth | 47.89 | 9% |
| momentum | 47.43 | 12% |
| ownership | 51.6 | 24% |
| quality | 37.02 | 22% |
| valuation | 61.58 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.75 times its book value
- Stock is providing a good dividend yield of 3.52%.
- Company has been maintaining a healthy dividend payout of 67.7%

### Weaknesses

- The company has delivered a poor sales growth of 3.92% over past five years.
- Company has a low return on equity of 1.85% over last 3 years.
- Earnings include an other income of Rs.25.4 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -156.38% | -280.74% | -168.94% |
| ebitda margin growth | 297.44% | -13.59% | -23% | 29.8% |
| net income growth | — | -24.22% | 0% | 0% |
| revenue growth | 2.74% | 4.24% | 2% | 4% |
| roce | — | -16.18% | -19.93% | 4.67% |
| roe | — | -24.53% | 4.05% | 69.11% |

## 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 | 287 | 303 | 294 | 311 | 318 | 319 | 303 | 286 | 333 | 350 | 347 | 348 |
| Expenses | 289 | 300 | 288 | 304 | 323 | 311 | 296 | 284 | 329 | 337 | 347 | 345 |
| Operating Profit | -2 | 3 | 7 | 7 | -5 | 8 | 7 | 2 | 3 | 12 | 0 | 2 |
| OPM % | -0.6 | 1.1 | 2.3 | 2.3 | -1.6 | 2.4 | 2.4 | 0.6 | 0.9 | 3.5 | 0 | 0.7 |
| Other Income | 6 | 10 | 6 | 9 | 9 | 3 | 9 | 11 | 3 | 5 | 4 | 13 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 1 | 10 | 10 | 13 | 1 | 8 | 13 | 10 | 4 | 15 | 1 | 13 |
| Tax % | -33 | 14 | 20 | 11 | -137 | 26 | 30 | 16 | 31 | 26 | 104 | 13 |
| Net Profit | 2 | 9 | 8 | 12 | 2 | 6 | 9 | 8 | 3 | 11 | 0 | 11 |
| EPS in Rs | 0.39 | 2.16 | 1.96 | 2.98 | 0.51 | 1.5 | 2.23 | 2.07 | 0.68 | 2.73 | -0.01 | 2.81 |

### 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 | 1581 | 1669 | 1288 | 1085 | 1060 | 1241 | 1173 | 1250 | 1315 | 1377 |
| Expenses | 1468 | 1581 | 1233 | 1061 | 1052 | 1210 | 1157 | 1233 | 1292 | 1359 |
| Operating Profit | 113 | 88 | 55 | 24 | 8 | 30 | 16 | 17 | 23 | 18 |
| OPM % | 7 | 5 | 4.3 | 2.2 | 0.8 | 2.5 | 1.3 | 1.4 | 1.8 | 1.3 |
| Other Income | 21 | 23 | 25 | 24 | 18 | 24 | 33 | 30 | 17 | 25 |
| Interest | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 28 | 26 | 20 | 16 | 12 | 12 | 12 | 12 | 11 | 11 |
| Profit before tax | 105 | 86 | 58 | 31 | 14 | 42 | 36 | 35 | 30 | 33 |
| Tax % | 26 | 27 | 27 | 17 | 12 | 24 | 15 | 18 | 26 | — |
| Net Profit | 78 | 63 | 43 | 26 | 12 | 32 | 31 | 29 | 22 | 25 |
| EPS in Rs | 19.38 | 15.65 | 10.64 | 6.54 | 3.04 | 7.98 | 7.69 | 7.22 | 5.47 | 6.21 |
| Dividend Payout % | 23 | 29 | 42 | 69 | 148 | 56 | 58 | 62 | 82 | — |

### 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 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 |
| Reserves | 505 | 562 | 603 | 625 | 633 | 629 | 643 | 656 | 666 | 670 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 163 | 224 | 181 | 129 | 160 | 148 | 159 | 146 | 154 | 187 |
| Total Liabilities | 676 | 793 | 791 | 761 | 801 | 786 | 811 | 811 | 828 | 865 |
| Fixed Assets | 178 | 157 | 143 | 145 | 134 | 125 | 129 | 123 | 118 | 113 |
| CWIP | 3 | 1 | 3 | 2 | 1 | 6 | 2 | 0 | 1 | 0 |
| Investments | 171 | 244 | 243 | 319 | 292 | 307 | 313 | 322 | 349 | 347 |
| Other Assets | 324 | 391 | 402 | 295 | 374 | 349 | 367 | 366 | 361 | 405 |
| Total Assets | 676 | 793 | 791 | 761 | 801 | 786 | 811 | 811 | 828 | 865 |

### 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 | 83 | 96 | 41 | 66 | -18 | 30 | 6 | 11 | 37 | -21 |
| Cash from Investing Activity | -79 | -63 | 3 | -82 | 43 | -5 | 0 | 19 | -10 | 14 |
| Cash from Financing Activity | 0 | -19 | -22 | -22 | -18 | -18 | -18 | -18 | -18 | -18 |
| Net Cash Flow | 4 | 14 | 23 | -39 | 7 | 7 | -11 | 12 | 9 | -25 |
| Free Cash Flow | 75 | 90 | 27 | 46 | -23 | 22 | -6 | 8 | 31 | -27 |
| CFO/OP | 118 | 112 | 85 | 152 | -44 | 439 | 33 | 125 | 270 | -49 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 49 | 57 | 44 | 40 | 66 | 59 | 57 | 57 | 49 | 65 |
| Inventory Days | 21 | 20 | 23 | 28 | 39 | 32 | 28 | 29 | 29 | 30 |
| Days Payable | 46 | 58 | 42 | 39 | 57 | 51 | 49 | 46 | 45 | 56 |
| Cash Conversion Cycle | 24 | 18 | 25 | 29 | 49 | 40 | 36 | 40 | 33 | 39 |
| Working Capital Days | 28 | 23 | 25 | 30 | 49 | 41 | 43 | 44 | 34 | 43 |
| ROCE % | 17 | 18 | 12 | 6 | 4 | 1 | 5 | 5 | 0 | 5 |

## 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 | 65.02% | 65.02% | 65.02% | 65.02% | 65.02% | 65.02% | 65.02% | 65.02% | 65.02% | 65.02% | 65.02% | 65.02% |
| FIIs | 1.25% | 1.27% | 1.27% | 1.55% | 1.83% | 1.8% | 2.2% | 1.51% | 1.38% | 0.17% | 0.09% | 0.11% |
| DIIs | 0.01% | 0.03% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.85% | 28.94% | 28.57% | 28.62% | 28.99% | 29.08% | 28.97% | 29.49% | 29.51% | 30.75% | 30.82% | 30.79% |
| Others | 3.87% | 4.74% | 5.13% | 4.8% | 4.16% | 4.09% | 3.8% | 3.98% | 4.09% | 4.05% | 4.07% | 4.08% |
| No. of Shareholders | 23758 | 24147 | 28868 | 27989 | 32416 | 31329 | 30856 | 30581 | 30969 | 30699 | 29736 | 29096 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 128.79 | Sell |
| EMA (10) | 128.92 | Sell |
| SMA (20) | 130.71 | Sell |
| EMA (20) | 130.48 | Sell |
| SMA (50) | 133.88 | Sell |
| EMA (50) | 132.08 | Sell |
| SMA (100) | 132.77 | Sell |
| EMA (100) | 131.61 | Sell |
| SMA (200) | 128.21 | Sell |
| EMA (200) | 130.31 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 36.58 | Neutral |
| MACD (12,26,9) | -1.84 | Sell |
| Stochastic (14,3,3) | 20.97 | Neutral |
| ADX (14) | 15.38 | Neutral |
| Williams %R (14) | -72.95 | Neutral |
| ATR (14) | 3.33 | Neutral |
| ROC (12) | -3.57 | Sell |
| Stoch RSI (14) | 24.19 | Neutral |
| UO (7,14,28) | 43.77 | 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=11157d7d-b464-45da-a9c3-b9d077b4c398.pdf) |
| 2026-08-24 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d17493d6-5222-4152-aa23-ce3360226581.pdf) |
| 2026-08-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=282cb537-55d1-4ee0-b999-09cda00bfe9f.pdf) |
| 2026-08-03 | [Board Meeting Outcome for Munjal Showa Limited Has Informed The Stock Exchanges About The Outcome Of Board Meeting Held On August 03 2026 To Consider The Un-Audited Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49812097-ca8b-472e-943d-415d3fdca97d.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f33040e7-258f-4ca5-bafb-dadafa395d5a.pdf) |
| 2026-07-30 | [Shareholder Meeting (AGM) To Be Held On Monday August 24 2026 At 11:00 A.M. Through Video Conferencing (VC)/ Other Audio Visual Means (OAVM)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f53f95d-ad49-4892-beb8-a78e49027887.pdf) |
| 2026-07-30 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8221c38d-817b-4541-bda3-91b1019b309c.pdf) |
| 2026-07-30 | [Letter To The Shareholders - Annual Report FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c9c20755-a167-4c34-b55e-472b2261a535.pdf) |
| 2026-07-28 | [Board Meeting Intimation for Intimation Of Board Meeting To Consider The Un-Audited Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=81680ef5-e45d-4252-8cde-5e33d73887ba.pdf) |
| 2026-07-23 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c802d6ab-2aba-41f5-a32c-62e6ae93e5af.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-03 | [Results - Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b146b207-39a6-484c-af83-5895f8ea125f.pdf) |
| 2026-05-29 | [Results - Financial Results For The Quarter And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5faabb30-02c3-4682-af23-89068a80103d.pdf) |
| 2026-02-07 | [Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8e36c3a-c138-4a1d-8856-1f276304629f.pdf) |
| 2025-11-14 | [Results-Financial Results For 30/09/2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e16de203-8f57-4aa8-915b-0f78497d072d.pdf) |
| 2025-08-04 | [Integrated Filing (Financial) For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7d6034a3-c438-482e-84f8-f2ece9dd4b03.pdf) |
| 2025-05-26 | [Compliances Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 ("Listing Regulations"). Submission Of Financial Results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=384cbfbe-88f0-46f9-9f16-03370926bac3.pdf) |
| 2025-02-06 | [Results- Unaudited Financial Results As On 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0eb321ff-7113-460c-9ee5-326975fb76d9.pdf) |
| 2024-11-11 | [Financial Results Of Board Meeting Held On November 11, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=52ce9ef9-0be5-419f-9542-976cbb85364f.pdf) |
| 2024-08-12 | [FINANCIAL RESULTS FORF QUARTER ENDED 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f300da64-5ea4-4155-ab89-a564011e761d.pdf) |
| 2024-05-29 | [Declaration In Respect Of Audit Reports With Unmodified Opinion(S) On The Audited Financial Results Of The Company For The Quarter And Financial Year Ended March 31, 2024 Under Regulation 33(3)(D) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 (Listing Regulations)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=45d7cbf5-546a-4291-a554-9226cd1eb83d.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Feb - Board approved Q3 and nine-month unaudited results to Dec 31, 2025: Q3 PAT Rs1,090.72 lakhs; exceptional Rs220.02 lakhs. | [Board Meeting Outcome for Approval Of Un-Audited Standalone Financial Results For The Quarter And Nine Months Ended December 31, 2025, Limited Review Report 7 Feb - Board approved Q3 and nine-month unaudited results to Dec 31, 2025: Q3 PAT Rs1,090.72 lakhs; exceptional Rs220.02 lakhs.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d1b4489c-2416-4b4a-a4ca-b0b28222a890.pdf) |
| 2 Feb - Board to meet Feb 07, 2026 at 12:30 to approve unaudited Q3 results (Dec 31, 2025). | [Board Meeting Intimation for Intimation Regarding Holding Of The Board Meeting 2 Feb - Board to meet Feb 07, 2026 at 12:30 to approve unaudited Q3 results (Dec 31, 2025).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0f326fd8-2022-4240-991e-8a0551a8cd31.pdf) |
| 18 Apr - Munjal Showa declares it is not a large corporate; outstanding borrowing nil as of March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr - Munjal Showa declares it is not a large corporate; outstanding borrowing nil as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/83fed489-48e1-47ce-af62-b2cc27058672.pdf) |
| 13 Apr - Income-tax penalty of ₹37.35 lakh for AY 2015-16 received on 12 April 2026; company will appeal. | [Demand Notice From Income Tax Assessment Unit 13 Apr - Income-tax penalty of ₹37.35 lakh for AY 2015-16 received on 12 April 2026; company will appeal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/36a0fa32-5209-4687-82e4-e2ffacceb799.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b9c9b06d-330a-40ab-8cb6-8765a64ccc40.pdf) |
| — | [Closure of Trading Window 25 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fd670bd1-c16a-4338-858c-f6b62ace6c1c.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b5d9375d-8db2-41e4-9474-415b97e6a884.pdf) |
| — | [Financial Results 7 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8e36c3a-c138-4a1d-8856-1f276304629f.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e17c0d8-3e24-454d-b1f4-2ac391f31986.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1276_MUNJALSHOW_2012_2013_29082013112337.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8221c38d-817b-4541-bda3-91b1019b309c.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5459ba76-b4cc-4619-a200-f0663ecb5426.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d66e1755-2f46-4810-a4a4-0239ceca4f85.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bd4c6e94-ba08-4812-a993-8093ada43c70.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/520043/73773520043.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/520043/69130520043.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/520043/5200430320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/520043/5200430319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/520043/5200430318.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 2026-09-13T18:59:36.693Z.