---
title: "Indo National Ltd (NIPPOBATRY) — Share Price, Financials & Analysis"
symbol: "NIPPOBATRY"
company: "Indo National Ltd"
canonical: "https://tapetide.com/stocks/NIPPOBATRY"
isin: "INE567A01028"
nse_symbol: "NIPPOBATRY"
bse_code: "504058"
sector: "Consumer Goods"
industry: "Household Products"
market_cap_cr: 237.49
generated_at: "2026-09-13T18:46:01.091Z"
---

# Indo National Ltd (NIPPOBATRY)

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

## Company

- **NSE Symbol:** NIPPOBATRY
- **BSE Code:** 504058
- **ISIN:** INE567A01028
- **Sector:** Consumer Goods
- **Industry:** Household Products
- **Macro Sector:** Fast Moving Consumer Goods
- **Stock Type:** EQUITY
- **Listed Since:** 1999-10-06
- **CEO:** Mr. Rajendra Prasad Khaitan
- **Employees:** 476
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** nippo.in

## About

Incorporated in 1972, Indo National manufactures and markets batteries, torches, LED products, electrical  accessories, mosquito bats, razors and blades[1]

## Latest Price

- **Price:** ₹317.85
- **Change:** -4.6 (-1.43%)
- **Open:** ₹316
- **Day High:** ₹324
- **Day Low:** ₹316
- **Previous Close:** ₹322.45
- **Volume:** 1674
- **As Of:** 2026-09-11T10:01:41+00:00

## Key Fundamentals

Observed at 2026-09-11T04:51:45.828526Z.

- **Market Cap:** ₹237.49 Cr
- **Classification:** Microcap
- **P/E (reported):** -9.4
- **EPS (TTM):** ₹-33.64
- **EPS (reported):** ₹191.64
- **Book Value:** ₹403.4
- **Price to Book:** 0.8
- **Dividend Yield:** 1.16%
- **ROE:** 25.9%
- **ROCE:** 28.96%
- **Debt to Equity:** 0.11
- **Revenue (yearly):** ₹452.47 Cr
- **Net Income:** ₹-26.26 Cr
- **EBITDA:** ₹-18.18 Cr
- **52-Week High:** ₹495.05
- **52-Week Low:** ₹257
- **RSI (14):** 43.53

## Tapetide Score

- **Score:** 58 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 81.3 (of 4473 scored stocks)
- **Confidence:** 91%
- **Data coverage:** 81%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 37.17 | 9% |
| growth | 31.57 | 9% |
| momentum | 60.13 | 12% |
| ownership | 50 | 24% |
| quality | 70.29 | 22% |
| valuation | 76.1 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.79 times its book value
- Debtor days have improved from 64.2 to 47.1 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.18% over past five years.
- Company has a low return on equity of 11.4% over last 3 years.
- Contingent liabilities of Rs.107 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -228.04% | -255.1% | -615.34% |
| ebitda margin growth | 106.02% | -115.48% | -150.58% | -151.84% |
| net income growth | 109.52% | -121.54% | -279.86% | -295.97% |
| revenue growth | 7.64% | -31.17% | -8% | -3% |
| roce | -88.22% | 218.94% | — | 13.36% |
| roe | -109.57% | 384.11% | 9.4% | 117.1% |

## 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 | 171.5 | 168.32 | 168.93 | 121.15 | 127.57 | 121.63 | 97.11 | 119.44 | 119.6 | 106.31 | 107.12 | 116.14 |
| Expenses | 163.81 | 155.09 | 151.28 | 131.21 | 126.68 | 132.79 | 99.05 | 116.65 | 115.64 | 113.13 | 125.23 | 116.02 |
| Operating Profit | 7.69 | 13.23 | 17.65 | -10.06 | 0.89 | -11.16 | -1.94 | 2.79 | 3.96 | -6.82 | -18.11 | 0.12 |
| OPM % | 4.48 | 7.86 | 10.45 | -8.3 | 0.7 | -9.18 | -2 | 2.34 | 3.31 | -6.42 | -16.91 | 0.1 |
| Other Income | 2.61 | 2.75 | 2.61 | 181.65 | 3.36 | 1.77 | 3.2 | 2.2 | 1.56 | 2.32 | 1.56 | 0.9 |
| Interest | 3.78 | 3.37 | 3.28 | 2.61 | -0.49 | 0.1 | 0.96 | 0.6 | 0.72 | 0.64 | 0.63 | 0.88 |
| Depreciation | 4.38 | 4.49 | 4.66 | 4.53 | 2.86 | 2.9 | 2.94 | 3.21 | 3.3 | 3.32 | 3.31 | 3.36 |
| Profit before tax | 2.14 | 8.12 | 12.32 | 164.45 | 1.88 | -12.39 | -2.64 | 1.18 | 1.5 | -8.46 | -20.49 | -3.22 |
| Tax % | -41.59 | 27.96 | 26.22 | 19.87 | -15.43 | -2.58 | -103.41 | 10.17 | 27.33 | -7.21 | 2.49 | -162.42 |
| Net Profit | 3.04 | 5.84 | 9.08 | 131.77 | 2.17 | -12.07 | 0.08 | 1.02 | 1.13 | -7.85 | -21 | 2.01 |
| EPS in Rs | 5.73 | 4.59 | 3.2 | 178.12 | 2.89 | -16.09 | 0.11 | 1.36 | 1.84 | -10.45 | -27.88 | 2.85 |

### 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 | 394 | 443 | 508 | 532 | 570 | 572 | 641 | 467 | 452 | 449 |
| Expenses | 352 | 402 | 447 | 475 | 544 | 557 | 600 | 490 | 471 | 470 |
| Operating Profit | 42 | 41 | 61 | 57 | 26 | 15 | 41 | -22 | -18 | -21 |
| OPM % | 11 | 9 | 12 | 11 | 4.6 | 2.6 | 6 | -4.8 | -4 | -4.6 |
| Other Income | 15 | 17 | -13 | 18 | 19 | 5 | 10 | 190 | 8 | 6 |
| Interest | 5 | 12 | 17 | 13 | 11 | 11 | 14 | 3 | 3 | 3 |
| Depreciation | 9 | 11 | 12 | 13 | 13 | 17 | 18 | 13 | 13 | 13 |
| Profit before tax | 43 | 35 | 18 | 50 | 21 | -8 | 19 | 151 | -26 | -31 |
| Tax % | 29 | 25 | 43 | 35 | 36 | 0 | 25 | 19 | 2 | — |
| Net Profit | 31 | 27 | 10 | 33 | 13 | -8 | 15 | 122 | -27 | -26 |
| EPS in Rs | 29.79 | 24.56 | 1.88 | 40.51 | 10.59 | -7.59 | 12.83 | 165.01 | -35.12 | -33.64 |
| Dividend Payout % | 34 | 41 | 133 | 31 | 47 | -66 | 39 | 3 | -11 | — |

### 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 198 | 209 | 219 | 211 | 238 | 236 | 228 | 232 | 434 | 299 |
| Borrowings | 49 | 65 | 113 | 121 | 123 | 124 | 132 | 140 | 53 | 34 |
| Other Liabilities | 78 | 152 | 146 | 161 | 148 | 147 | 151 | 223 | 230 | 94 |
| Total Liabilities | 329 | 431 | 481 | 496 | 513 | 511 | 515 | 599 | 721 | 431 |
| Fixed Assets | 158 | 163 | 182 | 188 | 182 | 215 | 226 | 254 | 223 | 170 |
| CWIP | 2 | 14 | 5 | 1 | 1 | 2 | 4 | 2 | 4 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 96 | 61 |
| Other Assets | 169 | 254 | 295 | 307 | 330 | 294 | 284 | 343 | 398 | 193 |
| Total Assets | 329 | 431 | 481 | 496 | 513 | 511 | 515 | 599 | 721 | 431 |

### 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 | 44 | 38 | -19 | 10 | 11 | 35 | 36 | 44 | -56 | 40 |
| Cash from Investing Activity | -20 | -12 | -7 | 1 | 5 | -35 | -28 | -38 | 80 | 17 |
| Cash from Financing Activity | -30 | -18 | 29 | -9 | -10 | -20 | -9 | -9 | -19 | -58 |
| Net Cash Flow | -6 | 8 | 2 | 2 | 5 | -20 | -1 | -4 | 6 | -1 |
| Free Cash Flow | 11 | 11 | -40 | -4 | 1 | -10 | 6 | 0 | -97 | 14 |
| CFO/OP | 182 | 118 | -15 | 27 | 37 | 160 | 270 | 116 | 90 | -226 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 82 | 116 | 113 | 83 | 103 | 61 | 80 | 76 | 70 | 47 |
| Inventory Days | 82 | 79 | 85 | 111 | 107 | 124 | 88 | 95 | 147 | 80 |
| Days Payable | 41 | 92 | 77 | 87 | 77 | 63 | 69 | 72 | 81 | 49 |
| Cash Conversion Cycle | 124 | 103 | 120 | 107 | 133 | 122 | 99 | 99 | 136 | 78 |
| Working Capital Days | 53 | 13 | 33 | 40 | 73 | 58 | 38 | 36 | 97 | 73 |
| ROCE % | 16 | 18 | 15 | 18 | 16 | 7 | 1 | 8 | 33 | -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 | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% | 65.35% |
| FIIs | 0% | 0% | 0.04% | 0% | 0.05% | 0% | 0% | 0.01% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.02% | 0% | 0% |
| Public | 27.74% | 27.28% | 27.18% | 27.99% | 28.39% | 28.99% | 29.24% | 29.23% | 29.28% | 29.28% | 29.24% | 29.24% |
| Others | 6.91% | 7.36% | 7.44% | 6.66% | 6.21% | 5.66% | 5.41% | 5.4% | 5.37% | 5.34% | 5.4% | 5.41% |
| No. of Shareholders | 11280 | 10216 | 11052 | 13027 | 13434 | 13491 | 13708 | 13969 | 13993 | 13855 | 13958 | 14297 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 324.69 | Sell |
| EMA (10) | 323.83 | Sell |
| SMA (20) | 326.19 | Sell |
| EMA (20) | 325.58 | Sell |
| SMA (50) | 329.37 | Sell |
| EMA (50) | 330.64 | Sell |
| SMA (100) | 344.38 | Sell |
| EMA (100) | 338.76 | Sell |
| SMA (200) | 353.44 | Sell |
| EMA (200) | 359.68 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.85 | Neutral |
| MACD (12,26,9) | -2.27 | Sell |
| Stochastic (14,3,3) | 26.45 | Neutral |
| ADX (14) | 18.92 | Neutral |
| Williams %R (14) | -85.68 | Buy |
| ATR (14) | 9.72 | High Volatility |
| ROC (12) | -2.34 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 40.4 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Compliance certificate under Regulation 74(5) of SEBI DP Regulations, 2018 for the quarter ended March 31, 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Compliance certificate under Regulation 74(5) of SEBI DP Regulations, 2018 for the quarter ended March 31, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/67b9af83-e6ed-4bf6-b8dc-e2420a72da7d.pdf) |
| 5 Feb - Newspaper Publication of Financial Results for Quarter and Nine months ended December 31, 2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Feb - Newspaper Publication of Financial Results for Quarter and Nine months ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d824e2b6-ebc4-4c4b-948f-cec3a5fb5e49.pdf) |
| 4 May - Board meeting on 15 May 2026 to approve FY26 audited results and consider dividend. | [Board Meeting Intimation for Board Meeting Intimation For Approval Of Financial Results For The Quarter And Year Ended 31St March, 2026 4 May - Board meeting on 15 May 2026 to approve FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6833192e-f7c3-4a56-aecb-8b6126917efe.pdf) |
| 4 May - Board meeting on 15 May 2026 to approve FY26 audited results and consider dividend. | [Board Meeting Intimation for Board Meeting Intimation For Approval Of Financial Results For The Quarter And Year Ended 31St March, 2026 4 May - Board meeting on 15 May 2026 to approve FY26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/6833192e-f7c3-4a56-aecb-8b6126917efe.pdf) |
| 4 Feb - Board approved Q3 FY26 results (quarter loss Rs.661.95L); deposited Rs.4.22Cr for CCI penalty stay; acquired Medcuore for Rs.568.66L; CCPS Rs.850L. | [Board Meeting Outcome for Results For The Quarter And Nine Months Ended 31St December 2025 4 Feb - Board approved Q3 FY26 results (quarter loss Rs.661.95L); deposited Rs.4.22Cr for CCI penalty stay; acquired Medcuore for Rs.568.66L; CCPS Rs.850L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/27338350-5947-4b41-9ec4-15f5a4c49f64.pdf) |
| 30 Apr - Board approved 51% acquisition of Aidin Technologies in two tranches; total consideration about Rs 78 crore. | [Board Meeting Outcome for Outcome Of Board Meeting 30 Apr - Board approved 51% acquisition of Aidin Technologies in two tranches; total consideration about Rs 78 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e6d57b6-cd0e-4476-af67-44a27db8e0f9.pdf) |
| 30 Apr - Board approved 51% acquisition of Aidin Technologies in two tranches; total consideration about Rs 78 crore. | [Board Meeting Outcome for Outcome Of Board Meeting 30 Apr - Board approved 51% acquisition of Aidin Technologies in two tranches; total consideration about Rs 78 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/1e6d57b6-cd0e-4476-af67-44a27db8e0f9.pdf) |
| 3 Mar - CMO Shardul Bist resigns effective 31 March 2026; will support transition. | [Announcement under Regulation 30 (LODR)-Change in Management 3 Mar - CMO Shardul Bist resigns effective 31 March 2026; will support transition.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c729c3f-c368-4fae-a040-1155b45c99a4.pdf) |
| 17 Mar - Approved INR 70,00,000 loan to Aidin Technologies; total loan INR 10,70,00,000; agreement dated March 17, 2026. | [Announcement Under Regulation 30 Of SEBI(LODR) Regulations, 2015 17 Mar - Approved INR 70,00,000 loan to Aidin Technologies; total loan INR 10,70,00,000; agreement dated March 17, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c61a74da-d06c-476a-ab89-2b0f93e0c27b.pdf) |
| 16 Mar - Mr. Arun Sriram appointed CMO of Indo National Ltd, effective 16 March 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 16 Mar - Mr. Arun Sriram appointed CMO of Indo National Ltd, effective 16 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fa48eae9-c86c-4150-8ab7-a116d012bc31.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c48d44e2-be87-459f-a444-390d5adac350.pdf) |
| 2026-09-04 | [Notice Of 53Rd Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fb054809-f73a-4160-a7cb-3463bb2644c3.pdf) |
| 2026-09-04 | [Letter Sent To The Shareholders Of The Company Regarding Annual Report For FY 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80624542-f970-4306-9d69-4e94e0f88269.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0b00a08-9b23-40e9-9122-64f1fcf91ecc.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Updates on Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e966de8-d313-460f-9276-0125df788ba8.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1ef9e60-774f-4082-8824-e421201601a3.pdf) |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85b88044-409d-4efa-ad67-7e798d1fe36a.pdf) |
| 2026-08-14 | [Board Meeting Outcome for OUTCOME OF THE BOARD MEETING -Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d37d7e66-1af4-45af-9ee3-0ef4db9b8977.pdf) |
| 2026-08-14 | [Book Closure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c4adac8-08c5-4ade-ac95-c819e730c82a.pdf) |
| 2026-08-14 | [Intimation Of 53Rd AGM Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=648004b7-01f7-4f45-bf15-1bbc244c453b.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=249b5532-e91e-498b-a6d9-d5afe70a8d3f.pdf) |
| 2026-05-15 | [Results For The Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbc7e933-92ba-4e4f-86c3-3284f29813b3.pdf) |
| 2026-02-04 | [Financial Result For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9bcf0506-cedb-417f-8430-de7d556dcc4b.pdf) |
| 2025-10-29 | [Results-Financial Results For September 30 3035](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6d3104d-c22f-46ba-974f-5a44c8f7ad88.pdf) |
| 2025-10-29 | [Results-Financial Results For September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=814801e9-e175-4dbb-9016-ff8667251f23.pdf) |
| 2025-08-12 | [Out Come Of The Board Meeting To Apporve Financial Result For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97a100dd-254b-4523-90e5-5595c65c040c.pdf) |
| 2025-05-20 | [RESULTS FOR THE QUARTER AND 12 MONTHS ENDED 31ST MARCH 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=40430731-fbca-4e9f-abea-9fb745d12e84.pdf) |
| 2025-01-30 | [Standalone And Consolidated Results For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2060962-fb74-4373-8191-036399d9059d.pdf) |
| 2024-11-13 | [Results - Q2 And First Half Of The FY24-25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5e31f183-5df8-4b6f-abf2-fd9a4439e7bb.pdf) |
| 2024-08-09 | [Standalone And Consolidated Results For The Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8992e7ff-65a7-4579-b913-37e01c49dcd2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1750_NIPPOBATRY_2012_2013_13092013180507.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ebf0d89-a81c-4c48-a29b-8f5f317f519c.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a0d977b2-2229-4926-8e18-4389a93e5174.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d88f413f-4db2-4540-9463-eedfba6fa1d6.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/504058/75344504058.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/504058/70811504058.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/504058/65878504058.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/504058/5040580319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/504058/5040580318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/504058/5040580317.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2021-09-16 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec55fdac-4c9f-468b-bf93-ccac34164815.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2021 | [Concall - Sep 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec55fdac-4c9f-468b-bf93-ccac34164815.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 2026-09-13T18:46:01.091Z.