---
title: "Pilani Investment & Industries Corporation Ltd (PILANIINVS) — Share Price, Financials & Analysis"
symbol: "PILANIINVS"
company: "Pilani Investment & Industries Corporation Ltd"
canonical: "https://tapetide.com/stocks/PILANIINVS"
isin: "INE417C01014"
nse_symbol: "PILANIINVS"
bse_code: "539883"
sector: "Financial Services"
industry: "Holding Company"
market_cap_cr: 4643.7
generated_at: "2026-09-13T18:36:23.663Z"
---

# Pilani Investment & Industries Corporation Ltd (PILANIINVS)

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

## Company

- **NSE Symbol:** PILANIINVS
- **BSE Code:** 539883
- **ISIN:** INE417C01014
- **Sector:** Financial Services
- **Industry:** Holding Company
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2015-12-08
- **CEO:** Mr. Rajendra Prasad Pansari
- **Employees:** 14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** pilaniinvestment.com

## About

Pilani Investment and Industries Corporation Limited is registered as a non-deposit-taking NBFC with the Reserve Bank of India. It functions as a core investment company with main activity being investment in shares and securities of the Birla group companies and providing finance to them. [1]

## Latest Price

- **Price:** ₹4191.6
- **Change:** -44.2 (-1.04%)
- **Open:** ₹4270
- **Day High:** ₹4270
- **Day Low:** ₹4167.3
- **Previous Close:** ₹4235.8
- **Volume:** 1468
- **As Of:** 2026-09-11T09:59:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:33.565116Z.

- **Market Cap:** ₹4643.7 Cr
- **Classification:** Microcap
- **P/E (reported):** -393.4
- **EPS (TTM):** ₹-11
- **Book Value:** ₹14334.48
- **Price to Book:** 0.3
- **Dividend Yield:** 0.21%
- **ROE:** 0.41%
- **ROCE:** 1.45%
- **Debt to Equity:** 0.15
- **Revenue (yearly):** ₹288.3 Cr
- **Net Income:** ₹65.4 Cr
- **EBITDA:** ₹255.8 Cr
- **52-Week High:** ₹5980
- **52-Week Low:** ₹4021.3
- **RSI (14):** 42.85

## Tapetide Score

- **Score:** 51 / 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:** 52 (of 4473 scored stocks)
- **Confidence:** 94%
- **Data coverage:** 88%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 26.13 | 9% |
| growth | 19.92 | 9% |
| momentum | 37.84 | 12% |
| ownership | 63.61 | 24% |
| quality | 32.33 | 22% |
| valuation | 89.28 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.29 times its book value
- Company has been maintaining a healthy dividend payout of 19.6%

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 7.34% over past five years.
- Company has a low return on equity of 0.67% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 113.45% | — | — |
| ebitda margin growth | -74.51% | -7.03% | -7.98% | -8.75% |
| net income growth | — | -56.95% | -50% | -20% |
| revenue growth | -70.12% | -6.12% | 1% | 7% |
| roce | -74.55% | -10.49% | -18.54% | 1.84% |
| roe | — | -56.84% | 0.8% | -68.94% |

## 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 | 107 | 62 | 63 | 62 | 123 | 61 | 57 | 50 | 129 | 60 | 44 | 14 |
| Expenses | 2 | 5 | 1 | 2 | 2 | 5 | 6 | 4 | 21 | 4 | 3 | 3 |
| Operating Profit | 104 | 57 | 62 | 60 | 121 | 56 | 51 | 46 | 108 | 55 | 41 | 11 |
| OPM % | 98 | 92 | 98 | 97 | 98 | 93 | 90 | 93 | 84 | 93 | 92 | 80 |
| Other Income | 0 | 0 | 0 | 0 | 2 | 1 | 3 | 0 | 0 | 0 | 5 | 0 |
| Interest | 17 | 19 | 22 | 20 | 20 | 20 | 29 | 40 | 39 | 42 | 44 | 46 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 87 | 38 | 40 | 40 | 103 | 37 | 24 | 6 | 69 | 13 | 2 | -34 |
| Tax % | 26 | 27 | 25 | 25 | 25 | 28 | 25 | 28 | 28 | 26 | 47 | 0 |
| Net Profit | 54 | 56 | 31 | 33 | 78 | 13 | -25 | -4 | 45 | -14 | 5 | -47 |
| EPS in Rs | 48.95 | 50.14 | 28.4 | 29.36 | 70.18 | 12.08 | -22.66 | -3.63 | 40.38 | -13 | 4.29 | -42.67 |

### 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 | 30 | 25 | 126 | 199 | 258 | 279 | 286 | 305 | 283 | 248 |
| Expenses | 4 | 3 | 11 | 7 | 7 | 7 | 10 | 14 | 32 | 32 |
| Operating Profit | 26 | 22 | 115 | 191 | 250 | 272 | 276 | 291 | 251 | 216 |
| OPM % | 87 | 87 | 91 | 96 | 97 | 98 | 96 | 95 | 89 | 87 |
| Other Income | -2 | 0 | 0 | 1 | 0 | 1 | 0 | 2 | 5 | 6 |
| Interest | 0 | 19 | 43 | 52 | 59 | 65 | 74 | 88 | 165 | 171 |
| Depreciation | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 23 | 3 | 72 | 140 | 191 | 208 | 202 | 204 | 91 | 50 |
| Tax % | 12 | -294 | 25 | 24 | 24 | 25 | 26 | 26 | 28 | — |
| Net Profit | 20 | 2017 | 175 | 97 | 201 | 246 | 166 | 98 | 31 | -12 |
| EPS in Rs | 120.69 | 1817.32 | 157.61 | 87.3 | 181.91 | 222.11 | 150.34 | 88.94 | 28.05 | -11 |
| Dividend Payout % | 15 | 1 | 11 | 17 | 8 | 7 | 10 | 17 | 32 | — |

### 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 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 1211 | 5875 | 5100 | 5103 | 9838 | 11091 | 11158 | 14596 | 15969 | 15860 |
| Borrowings | 2 | 0 | 245 | 420 | 810 | 1066 | 736 | 949 | 1937 | 2391 |
| Other Liabilities | 3 | 14 | 22 | 115 | 391 | 542 | 511 | 893 | 1400 | 1318 |
| Total Liabilities | 1224 | 5897 | 5375 | 5646 | 11050 | 12711 | 12416 | 16449 | 19317 | 19581 |
| Fixed Assets | 3 | 5 | 5 | 5 | 4 | 4 | 4 | 4 | 4 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1212 | 5886 | 5363 | 4186 | 9001 | 10376 | 10274 | 14015 | 17386 | 18939 |
| Other Assets | 9 | 6 | 7 | 1455 | 2045 | 2331 | 2138 | 2430 | 1927 | 638 |
| Total Assets | 1224 | 5897 | 5375 | 5646 | 11050 | 12711 | 12416 | 16449 | 19317 | 19581 |

### 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 | 16 | 19 | 17 | -1388 | -442 | -100 | 417 | -87 | 631 | 1347 |
| Cash from Investing Activity | 8 | 3 | -214 | 1283 | 121 | -76 | -8 | -72 | -1629 | -1798 |
| Cash from Financing Activity | -24 | -21 | 198 | 108 | 318 | 181 | -412 | 196 | 972 | 438 |
| Net Cash Flow | 0 | 0 | 0 | 4 | -3 | 4 | -3 | 37 | -26 | -13 |
| Free Cash Flow | 16 | 19 | 17 | -1388 | -442 | -100 | 417 | -87 | 631 | 1347 |
| CFO/OP | 60 | 73 | 121 | -1139 | -204 | -21 | 172 | -12 | 235 | 547 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 3 | 3 | 8 | 2 | 1 | 0 | 1 | 0 | 1 | 0 |
| Cash Conversion Cycle | 3 | 3 | 8 | 2 | 1 | 0 | 1 | 0 | 1 | 0 |
| Working Capital Days | -20 | -48 | -294 | 36 | -18 | -15 | -15 | -13 | -22 | -5 |
| ROCE % | 3 | 1 | 0 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |

## 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 | 57.55% | 57.55% | 57.55% | 57.55% | 57.55% | 57.55% | 57.55% | 57.95% | 58.12% | 58.24% | 58.68% | 58.68% |
| FIIs | 0.53% | 0% | 0.47% | 0.45% | 0.56% | 0.35% | 0.38% | 0.49% | 0.43% | 0.43% | 0.43% | 0.42% |
| DIIs | 0.26% | 0.01% | 0.25% | 0.25% | 0.38% | 0.39% | 0.4% | 0.47% | 0.47% | 1.36% | 1.38% | 1.41% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 11.61% | 11.72% | 11.69% | 11.6% | 11.39% | 11.59% | 11.72% | 11.47% | 11.62% | 11.66% | 11.37% | 11.29% |
| Others | 30.05% | 30.73% | 30.05% | 30.15% | 30.12% | 30.13% | 29.96% | 29.61% | 29.36% | 28.31% | 28.14% | 28.19% |
| No. of Shareholders | 13626 | 13116 | 13415 | 13897 | 14797 | 19332 | 19447 | 19273 | 18819 | 18709 | 17854 | 17621 |

## 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) | 4280.75 | Sell |
| EMA (10) | 4263.93 | Sell |
| SMA (20) | 4326.53 | Sell |
| EMA (20) | 4305.26 | Sell |
| SMA (50) | 4352.5 | Sell |
| EMA (50) | 4351.83 | Sell |
| SMA (100) | 4425.88 | Sell |
| EMA (100) | 4425.26 | Sell |
| SMA (200) | 4606.65 | Sell |
| EMA (200) | 4533.04 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.16 | Neutral |
| MACD (12,26,9) | -42.7 | Sell |
| Stochastic (14,3,3) | 36.63 | Neutral |
| ADX (14) | 17.88 | Neutral |
| Williams %R (14) | -60.46 | Neutral |
| ATR (14) | 107.86 | Neutral |
| ROC (12) | -5.27 | Sell |
| Stoch RSI (14) | 40.85 | Neutral |
| UO (7,14,28) | 37.38 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8df3dbd-9d70-406d-a268-adc3b9ab3e72.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting Dated August 14 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cfe88ddb-6ee4-4d5e-be3f-253d68179dd0.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8d836b7-63eb-4172-9c52-5ae1cd63bd6c.pdf) |
| 2026-08-05 | [Letter Sent To The Physical Securityholders Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19f3afe1-526d-4151-a702-5b1fe8e38381.pdf) |
| 2026-08-04 | [Board Meeting Intimation for Rescheduling Of Board Meeting On 14Th August 2026 Instead Of 11Th August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe71830e-6574-4ab2-9a5b-29ab9c89d619.pdf) |
| 2026-07-24 | [Announcement under Regulation 30 (LODR)-Change in Directorate](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=44c40599-0753-4173-b5a8-908921ddeeb5.pdf) |
| 2026-07-23 | [Board Meeting Intimation for Meeting Of Board Of Directors Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=206d5a39-9660-4b06-9430-5038b5edf327.pdf) |
| 2026-07-15 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f556746-b42a-4459-a5b7-42d355ae260a.pdf) |
| 2026-07-14 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=967e45f2-0972-4fe9-b5c2-e3d634939fde.pdf) |
| 2026-07-13 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f64465d-0893-482e-ba38-c09ad4853c3d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-14 | [Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ca29046f-6f83-431b-bf14-3c0f2deeca84.pdf) |
| 2026-05-28 | [Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended March 31 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58a003eb-0a1d-4383-828e-dc8abc753735.pdf) |
| 2026-02-07 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4725e0f0-477c-489e-b870-cb717c45dfc2.pdf) |
| 2025-11-08 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a27c6022-f29d-4381-add1-43b758568ce8.pdf) |
| 2025-08-08 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended 30Th June 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eabd55f3-d658-45e9-9938-d5c6dd48f8c5.pdf) |
| 2025-05-26 | [Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=026edd38-4c26-4f45-ba71-5d809e35ccc7.pdf) |
| 2025-02-05 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=49669320-24ce-448c-b174-88c5900a0ad7.pdf) |
| 2025-02-05 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a2e91da-7766-4ae8-94b5-3f50d8993120.pdf) |
| 2024-11-11 | [Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c884070f-6a78-480c-b913-4da2503c6fd7.pdf) |
| 2024-08-12 | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ecf96797-8bc2-48a3-9546-1c458153952f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Feb - Unaudited standalone & consolidated results for quarter/9M ended 31-Dec-2025; Rs.31.78 lakh labour-code charge. | [Board Meeting Outcome for Outcome Of Board Meeting Held On 7Th February 2026 7 Feb - Unaudited standalone & consolidated results for quarter/9M ended 31-Dec-2025; Rs.31.78 lakh labour-code charge.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4779f06b-80f6-47c7-a173-c0725aa7961e.pdf) |
| 7 Feb - Approved unaudited standalone and consolidated Q3/9M results for period ended 31 Dec 2025; limited review attached. | [Unaudited Financial Results (Standalone And Consolidated) For The Quarter And Nine Months Ended 31St December, 2025 7 Feb - Approved unaudited standalone and consolidated Q3/9M results for period ended 31 Dec 2025; limited review attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4725e0f0-477c-489e-b870-cb717c45dfc2.pdf) |
| 25 Mar - Allotment of 50,000 NCDs aggregating ₹500 crore on 25-Mar-2026; 3-year tenure, 8.11% coupon, AA+ ratings | [Announcement under Regulation 30 (LODR)-Allotment 25 Mar - Allotment of 50,000 NCDs aggregating ₹500 crore on 25-Mar-2026; 3-year tenure, 8.11% coupon, AA+ ratings](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4839c34-b1be-42d6-8cc2-25fe08cf0802.pdf) |
| 16 Feb - CARE assigned CARE AA+; Stable to Pilani's proposed Rs1,000 crore NCDs, 3-year bullet, Feb 16, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 16 Feb - CARE assigned CARE AA+; Stable to Pilani's proposed Rs1,000 crore NCDs, 3-year bullet, Feb 16, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1f7d482-bdb2-454c-82ee-250b8e074e27.pdf) |
| 12 Feb - Newspaper publication regarding " Special Window - Re-lodgement for transfer and dematerialization of Physical Securities". | [Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb - Newspaper publication regarding " Special Window - Re-lodgement for transfer and dematerialization of Physical Securities".](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b72b15d7-bd3c-4f08-9376-9dbaa92826c2.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6014146c-c81d-421a-bbea-2887caf2ac4a.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f4d7763-4738-496d-b9fb-3d0cae08e9c4.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ba01885b-8361-4470-9de1-2f7f9811f7f8.pdf) |
| — | [Closure of Trading Window 24 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4fd0b347-a471-4d16-831c-98a07cff3c75.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/47526f7e-8f54-4cb0-aafd-a74c0055d8b7.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/14053bf5-3f0a-4318-ae06-244d1b7393a6.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10efdb0d-28d3-4dd6-819f-69fbe7c70e7a.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f7641628-adca-42d8-b3c4-a3dc5e3bcc9d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef136d36-9d9c-4fa3-b320-3866138540b6.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539883/74340539883.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539883/69788539883.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539883/5398830320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539883/5398830319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539883/5398830318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539883/5398830317.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 2026-09-13T18:36:23.663Z.