---
title: "Sadbhav Infrastructure Projects Ltd (SADBHIN) — Share Price, Financials & Analysis"
symbol: "SADBHIN"
company: "Sadbhav Infrastructure Projects Ltd"
canonical: "https://tapetide.com/stocks/SADBHIN"
isin: "INE764L01010"
nse_symbol: "SADBHIN"
bse_code: "539346"
sector: "Industrials"
industry: "Construction"
market_cap_cr: 88.76
generated_at: "2026-09-13T18:48:16.706Z"
---

# Sadbhav Infrastructure Projects Ltd (SADBHIN)

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

## Company

- **NSE Symbol:** SADBHIN
- **BSE Code:** 539346
- **ISIN:** INE764L01010
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2015-09-16
- **CEO:** Mr. Shashin Vishnubhai Patel MBA
- **Employees:** 52
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sadbhavinfra.co.in

## About

Incorporated in 2007, Sadbhav Infrastructure Project Ltd deals in Build Operat and Transfer (BOT)/ Annuity Projects and its related
activities[1]

## Latest Price

- **Price:** ₹2.52
- **Change:** -0.01 (-0.4%)
- **Open:** ₹2.53
- **Day High:** ₹2.58
- **Day Low:** ₹2.45
- **Previous Close:** ₹2.53
- **Volume:** 178190
- **As Of:** 2026-09-11T09:59:52+00:00

## Key Fundamentals

Observed at 2026-09-11T04:43:44.869370Z.

- **Market Cap:** ₹88.76 Cr
- **Classification:** Microcap
- **P/E (reported):** 1.2
- **P/E (TTM):** 50.4
- **EPS (TTM):** ₹0.05
- **Book Value:** ₹-17.56
- **Price to Book:** -0.14
- **Dividend Yield:** 0%
- **ROE:** 6.04%
- **ROCE:** 23.95%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹774.56 Cr
- **Net Income:** ₹29.31 Cr
- **EBITDA:** ₹408.64 Cr
- **52-Week High:** ₹4.79
- **52-Week Low:** ₹2.06
- **RSI (14):** 43.62

## Tapetide Score

- **Score:** 40 / 100
- **Score date:** 2026-09-04
- **Archetype:** Losing Momentum
- **What it means:** A capable business whose price trend has turned while the multiple is still demanding. Often a re-rating in progress rather than a broken company — watch whether earnings stay resilient.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Falling
- **Percentile:** 14.5 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 23.36 | 9% |
| growth | 50 | 9% |
| momentum | 28.14 | 12% |
| ownership | 50 | 24% |
| quality | 87.53 | 22% |
| valuation | 47.75 | 24% |

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

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -9.57% over past five years.
- Contingent liabilities of Rs.578 Cr.
- Promoters have pledged 55.5% of their holding.
- Debtor days have increased from 26.6 to 38.4 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -52.11% | -63.12% | -21.23% |
| ebitda margin growth | 30.97% | -23.31% | 0.53% | -14.56% |
| net income growth | -38.3% | -185.45% | -7% | 16% |
| revenue growth | -8.38% | 1.96% | -2% | -10% |
| roce | 49.66% | -445.1% | 451.84% | 9.82% |
| roe | -38.38% | -92.87% | 81.47% | -104.06% |

## 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 | 161 | 204 | 174 | 167 | 163 | 174 | 200 | 186 | 181 | 206 | 202 | 200 |
| Expenses | 74 | 123 | 114 | 74 | 63 | 58 | 76 | 57 | 50 | 57 | 118 | 53 |
| Operating Profit | 87 | 80 | 60 | 93 | 101 | 116 | 123 | 129 | 131 | 148 | 84 | 148 |
| OPM % | 54 | 39 | 35 | 56 | 62 | 67 | 62 | 69 | 73 | 72 | 42 | 74 |
| Other Income | -250 | -80 | -46 | 5 | 57 | 30 | -83 | 27 | 25 | -113 | 29 | 0 |
| Interest | 121 | 101 | 96 | 83 | 80 | 103 | 70 | 89 | 90 | 74 | 10 | 45 |
| Depreciation | 25 | 26 | 26 | 29 | 29 | 30 | 30 | 32 | 31 | 33 | 39 | 37 |
| Profit before tax | -309 | -127 | -107 | -14 | 49 | 13 | -59 | 36 | 35 | -72 | 64 | 66 |
| Tax % | -4 | -3 | -13 | 15 | 5 | 50 | 22 | 27 | 28 | 28 | -35 | 20 |
| Net Profit | -296 | -123 | -94 | -16 | 47 | 7 | -72 | 26 | 25 | -92 | 86 | 53 |
| EPS in Rs | -8.52 | -3.53 | -2.71 | -0.59 | 1.01 | -0.11 | -2.44 | 0.34 | 0.3 | -3.1 | 1.9 | 0.95 |

### 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 | 2262 | 3548 | 2270 | 1281 | 962 | 825 | 779 | 704 | 775 | 789 |
| Expenses | 1218 | 2500 | 1414 | 899 | 775 | 446 | 446 | 270 | 281 | 277 |
| Operating Profit | 1044 | 1048 | 856 | 382 | 187 | 379 | 333 | 434 | 493 | 512 |
| OPM % | 46 | 30 | 38 | 30 | 19 | 46 | 43 | 62 | 64 | 65 |
| Other Income | 60 | 236 | 1815 | 372 | 723 | -131 | -361 | 9 | -32 | -59 |
| Interest | 1141 | 1175 | 1276 | 877 | 850 | 547 | 429 | 335 | 264 | 220 |
| Depreciation | 261 | 296 | 293 | 117 | 98 | 86 | 101 | 118 | 136 | 140 |
| Profit before tax | -297 | -187 | 1103 | -240 | -38 | -386 | -558 | -10 | 62 | 93 |
| Tax % | 14 | 32 | 7 | 16 | -43 | -5 | -4 | 235 | 28 | — |
| Net Profit | -338 | -248 | 1029 | -278 | -21 | -365 | -533 | -34 | 45 | 72 |
| EPS in Rs | -9.34 | -6.96 | 29.35 | -7.9 | -0.6 | -10.65 | -15.42 | -2.13 | -0.56 | 0.05 |
| Dividend Payout % | -5 | -7 | 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 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 | 352 |
| Reserves | -281 | -618 | -901 | 114 | -165 | -123 | -517 | -919 | -898 | -971 |
| Borrowings | 8320 | 8719 | 9853 | 5912 | 6303 | 5150 | 4072 | 3293 | 3208 | 2592 |
| Other Liabilities | 2043 | 3112 | 3673 | 2919 | 3253 | 3538 | 3793 | 2793 | 2578 | 2368 |
| Total Liabilities | 10435 | 11566 | 12978 | 9297 | 9743 | 8918 | 7699 | 5519 | 5240 | 4342 |
| Fixed Assets | 9541 | 9292 | 9233 | 4031 | 3942 | 219 | 189 | 154 | 114 | 69 |
| CWIP | 183 | 289 | 93 | 96 | 96 | 0 | 0 | 0 | 0 | 0 |
| Investments | 56 | 42 | 98 | 724 | 726 | 176 | 122 | 41 | 41 | 41 |
| Other Assets | 655 | 1943 | 3553 | 4446 | 4979 | 8523 | 7388 | 5324 | 5085 | 4232 |
| Total Assets | 10435 | 11566 | 12978 | 9297 | 9743 | 8918 | 7699 | 5519 | 5240 | 4342 |

### 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 | 777 | 603 | 192 | 285 | 769 | -195 | 1643 | 1265 | 606 | 981 |
| Cash from Investing Activity | -258 | -98 | -201 | 253 | 85 | 1087 | -191 | -29 | -299 | -100 |
| Cash from Financing Activity | -556 | -500 | 25 | -554 | -813 | -869 | -1528 | -1246 | -315 | -858 |
| Net Cash Flow | -37 | 5 | 17 | -16 | 42 | 23 | -75 | -10 | -8 | 23 |
| Free Cash Flow | 550 | 489 | 88 | 272 | 741 | 1255 | 1586 | 1264 | 606 | 891 |
| CFO/OP | 89 | 60 | 23 | 36 | 205 | -101 | 443 | 388 | 150 | 206 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 3 | 5 | 11 | 5 | 12 | 18 | 23 | 38 |
| Cash Conversion Cycle | 0 | 0 | 3 | 5 | 11 | 5 | 12 | 18 | 23 | 38 |
| Working Capital Days | -207 | -86 | -150 | -59 | -347 | -316 | -287 | -255 | -517 | -438 |
| ROCE % | 8 | 10 | 10 | 11 | 9 | 16 | 12 | 10 | 14 | 18 |

## 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 | 70.34% | 70.34% | 70.34% | 70.31% | 69.74% | 70.25% | 70.25% | 70.25% | 70.25% | 70.25% | 70.25% | 70.25% |
| FIIs | 0% | 0% | 0.06% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.66% | 0.66% | 0.66% | 0.66% | 0.66% | 0.53% | 0.39% | 0.39% | 0.35% | 0.12% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 19.95% | 19.95% | 19.43% | 19.63% | 19.85% | 20.16% | 20.44% | 20.68% | 23.11% | 23.36% | 23.86% | 23.9% |
| Others | 9.05% | 9.05% | 9.51% | 9.39% | 9.75% | 9.06% | 8.92% | 8.69% | 6.29% | 6.27% | 5.89% | 5.85% |
| No. of Shareholders | 42227 | 42111 | 45496 | 46904 | 48972 | 51697 | 52117 | 51836 | 52883 | 52613 | 53215 | 53022 |

## 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 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.57 | Sell |
| EMA (10) | 2.57 | Sell |
| SMA (20) | 2.64 | Sell |
| EMA (20) | 2.6 | Sell |
| SMA (50) | 2.59 | Sell |
| EMA (50) | 2.64 | Sell |
| SMA (100) | 2.71 | Sell |
| EMA (100) | 2.75 | Sell |
| SMA (200) | 3.04 | Sell |
| EMA (200) | 3.07 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.95 | Neutral |
| MACD (12,26,9) | -0.03 | Sell |
| Stochastic (14,3,3) | 23.74 | Neutral |
| ADX (14) | 15.35 | Neutral |
| Williams %R (14) | -78.79 | Neutral |
| ATR (14) | 0.12 | High Volatility |
| ROC (12) | -0.79 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 45.8 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37701f49-c787-4168-9fc5-8266b4363f8b.pdf) |
| 2026-09-07 | [Notice Of 20Th Annual General Meeting Of The Company To Be Held On Wednesday 30Th September 2026 Through Video Conferencing (VC) And Other Audio Visual Means (OAVM)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7460f844-466a-4c29-8e37-9cfba7d0f72f.pdf) |
| 2026-09-07 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=993d02ce-a6e0-4b4d-99f0-19d626472019.pdf) |
| 2026-09-05 | [Board Meeting Outcome for Outcome Of Board Meeting Held On September 5 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2d18a4e-0a27-45e8-abb0-683a52d470d8.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=594e3798-89f5-47d6-94e8-ef39167421ad.pdf) |
| 2026-09-05 | [The Board Approval For Notice Of Annual General Meeting To Be Held On Wednesday 30Th September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68828248-7639-4cd0-9965-5755f2beca1b.pdf) |
| 2026-09-05 | [Please Find Enclosed Comments Made By The Board Of Directors On The Fine Imposed By The Stock Exchange.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c5ec5d3d-e001-4a57-9679-88af3b993b01.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d7a3c83e-53d2-445e-9c65-8fb325ca5ae8.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab33beac-2b4f-4172-9636-dda150a82daa.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Please Find Enclosed Outcome Of Meeting Of Board Of Directors Of The Company Held On 11Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3f6fac9-b3db-44a7-a2cf-72159ab4687c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Please Find Enclosed Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended On 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3625c8de-463d-4337-84b5-bfcd0dd5a654.pdf) |
| 2026-05-28 | [Please Find Enclosed Audited Financial Results Of The Company For The Quarter And Year Ended On 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19561e16-f0f1-4026-babb-32571ffe8c80.pdf) |
| 2026-02-12 | [Please Find Attached Herewith The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended On 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a7130e5e-932c-4823-aa6d-b709a0043918.pdf) |
| 2025-11-13 | [Please Find Attached Herewith The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended On 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=48c89aa8-94e5-44bf-b8d8-084dbb1a32dd.pdf) |
| 2025-08-12 | [Please Find Attached Herewith The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended On 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e557eb6-6480-461f-ab30-3e64fb4b50bc.pdf) |
| 2025-05-28 | [Please Find Attached Herewith Please Find Attached Herewith Standalone And Consolidated Audited Financial Results Of The Company For The Quarter And Year Ended On 31-03-2025 A](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94bf1fa4-9399-40e0-b83d-0aef00b8c0c9.pdf) |
| 2025-02-12 | [Results For The Quarter And Nine Months Ended 31-12-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=422cdd63-35be-41c0-bea4-d2aef03e745d.pdf) |
| 2024-11-12 | [Unaudited Financial Results For The Quarter And Half Year Ended 30-09-2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=249e042f-97ea-4dbd-9cde-78815ead9bac.pdf) |
| 2024-08-12 | [Financial Results For The Quarter Ended 30-06-2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99ae7eb7-7f3e-4456-a837-ddc15ad9f556.pdf) |
| 2024-05-21 | [Submission Of Outcome Of The Meeting Of The Board Of Directors Of Sadbhav Infrastructure Project Limited ('The Company') Held On Monday, 20Th May, 2024 (Day-1) And Tuesday, 21St May 2024 (Day-2).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c616b7a-0fd9-4c36-9480-849930a4152f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Feb - Board meeting 12 Feb 2026 to approve Q3/9M results ended 31 Dec 2025; trading window closed. | [Board Meeting Intimation for Please Find Enclosed Prior Intimation Of Board Meeting Of The Company To Be Held On 12Th February, 2026 5 Feb - Board meeting 12 Feb 2026 to approve Q3/9M results ended 31 Dec 2025; trading window closed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e84221f9-6fa8-4ad3-aac2-5f026e807c2f.pdf) |
| 31 Mar - Trading window closed from 1 Apr 2026 until 48 hours after audited results for year/quarter ended 31 Mar 2026. | [Closure of Trading Window 31 Mar - Trading window closed from 1 Apr 2026 until 48 hours after audited results for year/quarter ended 31 Mar 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ada9364b-1e15-4713-9955-5830dfffe917.pdf) |
| 30 Apr - Company confirms it does not meet Large Corporate criteria as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it does not meet Large Corporate criteria as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86827f84-187f-4c02-9bc6-56b44634d1ef.pdf) |
| 30 Apr - Company confirms it does not meet Large Corporate criteria as of 31 March 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Company confirms it does not meet Large Corporate criteria as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/86827f84-187f-4c02-9bc6-56b44634d1ef.pdf) |
| 14 Feb - Newspaper Publication of the extract of Unaudited financial statements of the company for the quarter and nine months ended 31-12-2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - Newspaper Publication of the extract of Unaudited financial statements of the company for the quarter and nine months ended 31-12-2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/620a4192-a195-41e7-a8a8-5f20b2cb8ff6.pdf) |
| 12 Feb - Exchange fine paid; appointments of Siddharth Vyas (04-09-2025) and Kedar Pandya (12-11-2025) ensure Reg17 compliance | [Comment Of Board Of The Company On Fine Imposed By Stock Exchange Under Listing Regulations 12 Feb - Exchange fine paid; appointments of Siddharth Vyas (04-09-2025) and Kedar Pandya (12-11-2025) ensure Reg17 compliance](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b65a5d39-2eda-46d0-a194-4632df50071a.pdf) |
| 12 Feb - Board approved Q3 and nine-month results: standalone loss INR 1,199.67M; INR 1,000M impairments; auditor qualified; going-concern doubt. | [Board Meeting Outcome for Board Meeting Outcome Of Sadbhav Infrastructure Project Limited Held On Thursday, 12Th February, 2026 12 Feb - Board approved Q3 and nine-month results: standalone loss INR 1,199.67M; INR 1,000M impairments; auditor qualified; going-concern doubt.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/10289449-edf3-4da1-b4f8-778f46601d2b.pdf) |
| — | [Please Find Attached Herewith The Unaudited Financial Results Of The Company For The Quarter And Nine Months Ended On 31.12.2025 12 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a7130e5e-932c-4823-aa6d-b709a0043918.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf0c4d2f-a771-4878-af95-e3c418872210.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/538bafa7-e411-4fae-908a-7d81a5202d1a.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44dcec10-98cc-4228-a9ba-dc1ed37eb542.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/77089539346.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/71861539346.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/66687539346.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/5393460319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/5393460318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/5393460317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539346/5393460316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2016 | [Concall - Sep 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=D4A44B4E_91D9_4C3F_86CB_67352F08889B_120805.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 2026-09-13T18:48:16.706Z.