---
title: "Safari Industries (India) Ltd (SAFARI) — Share Price, Financials & Analysis"
symbol: "SAFARI"
company: "Safari Industries (India) Ltd"
canonical: "https://tapetide.com/stocks/SAFARI"
isin: "INE429E01023"
nse_symbol: "SAFARI"
bse_code: "523025"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
market_cap_cr: 7357.66
generated_at: "2026-09-13T18:45:36.304Z"
---

# Safari Industries (India) Ltd (SAFARI)

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

## Company

- **NSE Symbol:** SAFARI
- **BSE Code:** 523025
- **ISIN:** INE429E01023
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2019-09-12
- **CEO:** Mr. Sudhir Mohanlal Jatia
- **Employees:** 1059
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** safaribags.com

## About

Safari Industries is in the business of manufacturing and trading of luggage and luggage accessories. There are two broad categories of luggage i.e hard luggage and soft luggage. Hard luggages are mainly made of PolyPropylene (PP) and Polycarbonate (PC) and manufactured in-house by Safari at its Plant located at Halol, Gujarat. Soft luggages are made of fabrics of various kinds and are mainly imported.[1]

## Latest Price

- **Price:** ₹1544.7
- **Change:** +43.1 (+2.87%)
- **Open:** ₹1500
- **Day High:** ₹1556.8
- **Day Low:** ₹1470
- **Previous Close:** ₹1501.6
- **Volume:** 115745
- **As Of:** 2026-09-11T10:22:01+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:52.136065Z.

- **Market Cap:** ₹7357.66 Cr
- **Classification:** Microcap
- **P/E (reported):** 44.6
- **P/E (TTM):** 45.85
- **EPS (TTM):** ₹33.69
- **EPS (reported):** ₹34.92
- **Book Value:** ₹227.5
- **Price to Book:** 6.61
- **Dividend Yield:** 0.27%
- **ROE:** 15.05%
- **ROCE:** 18.63%
- **Debt to Equity:** 0.1
- **Revenue (yearly):** ₹2071.8 Cr
- **Net Income:** ₹167.8 Cr
- **EBITDA:** ₹295.6 Cr
- **52-Week High:** ₹2507.1
- **52-Week Low:** ₹1363.1
- **RSI (14):** 44.6

## Tapetide Score

- **Score:** 47 / 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:** 35.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 89.58 | 9% |
| growth | 50 | 9% |
| momentum | 21.6 | 12% |
| ownership | 46.09 | 24% |
| quality | 61.47 | 22% |
| valuation | 32.54 | 24% |

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

## Key Insights

### Strengths

- Company's median sales growth is 24.4% of last 10 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 202.44% | -20.08% | — |
| ebitda margin growth | 19.71% | 1.35% | -23.4% | 61.06% |
| net income growth | 27.47% | 17.51% | 10% | 59% |
| revenue growth | 24.02% | 15.1% | 19% | 44% |
| roce | 24.5% | -0.05% | -29% | 21.62% |
| roe | 27.44% | 0.47% | 17.13% | 102.56% |

## 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 | 370 | 388 | 365 | 450 | 458 | 443 | 421 | 528 | 534 | 512 | 473 | 589 |
| Expenses | 307 | 320 | 299 | 384 | 410 | 392 | 360 | 449 | 460 | 457 | 411 | 513 |
| Operating Profit | 63 | 68 | 67 | 66 | 48 | 50 | 61 | 79 | 74 | 56 | 62 | 75 |
| OPM % | 17 | 18 | 18 | 15 | 10 | 11 | 14 | 15 | 14 | 11 | 13 | 13 |
| Other Income | 3 | 4 | 5 | 8 | 7 | 7 | 6 | 6 | 6 | 6 | 7 | 7 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Depreciation | 12 | 13 | 14 | 14 | 15 | 15 | 15 | 17 | 18 | 18 | 18 | 19 |
| Profit before tax | 52 | 57 | 56 | 58 | 38 | 41 | 49 | 65 | 60 | 42 | 49 | 61 |
| Tax % | 23 | 24 | 23 | 23 | 22 | 24 | 24 | 23 | 22 | 21 | 24 | 22 |
| Net Profit | 40 | 43 | 43 | 44 | 30 | 31 | 38 | 50 | 47 | 33 | 37 | 48 |
| EPS in Rs | 8.35 | 9.02 | 8.86 | 9.11 | 6.07 | 6.37 | 7.69 | 10.33 | 9.58 | 6.71 | 7.65 | 9.75 |

### 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 | 419 | 578 | 686 | 328 | 705 | 1212 | 1550 | 1772 | 2047 | 2108 |
| Expenses | 377 | 525 | 614 | 334 | 649 | 1015 | 1273 | 1546 | 1776 | 1841 |
| Operating Profit | 42 | 53 | 72 | -6 | 56 | 197 | 278 | 225 | 271 | 267 |
| OPM % | 10 | 9 | 11 | -1.7 | 8 | 16 | 18 | 13 | 13 | 13 |
| Other Income | 1 | 1 | 1 | 3 | -2 | 9 | 14 | 28 | 24 | 26 |
| Interest | 3 | 4 | 10 | 6 | 5 | 8 | 10 | 9 | 9 | 9 |
| Depreciation | 6 | 8 | 22 | 20 | 20 | 33 | 52 | 59 | 71 | 72 |
| Profit before tax | 34 | 41 | 40 | -29 | 29 | 165 | 230 | 186 | 216 | 212 |
| Tax % | 36 | 34 | 24 | -28 | 23 | 24 | 24 | 23 | 22 | — |
| Net Profit | 22 | 27 | 31 | -21 | 22 | 125 | 176 | 143 | 168 | 165 |
| EPS in Rs | 4.84 | 6.09 | 6.86 | -4.67 | 4.99 | 26.39 | 36.05 | 29.21 | 34.24 | 33.69 |
| Dividend Payout % | 5 | 4 | 0 | 0 | 8 | 7 | 11 | 10 | 12 | — |

### 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 | 5 | 10 | 10 | 10 |
| Reserves | 97 | 168 | 196 | 226 | 275 | 297 | 421 | 814 | 944 | 1105 |
| Borrowings | 42 | 55 | 104 | 114 | 41 | 56 | 139 | 146 | 125 | 117 |
| Other Liabilities | 55 | 47 | 81 | 71 | 77 | 112 | 182 | 173 | 238 | 211 |
| Total Liabilities | 198 | 275 | 386 | 416 | 397 | 469 | 747 | 1143 | 1316 | 1442 |
| Fixed Assets | 23 | 32 | 29 | 79 | 67 | 96 | 184 | 293 | 414 | 456 |
| CWIP | 1 | 0 | 0 | 0 | 0 | 20 | 0 | 1 | 12 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 149 | 3 | 13 |
| Other Assets | 174 | 243 | 357 | 336 | 330 | 353 | 563 | 700 | 887 | 972 |
| Total Assets | 198 | 275 | 386 | 416 | 397 | 469 | 747 | 1143 | 1316 | 1442 |

### 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 | 24 | -48 | -38 | 71 | 111 | 16 | 51 | 217 | 57 | 173 |
| Cash from Investing Activity | -6 | -13 | -7 | -21 | -98 | -4 | -70 | -345 | -10 | -103 |
| Cash from Financing Activity | -20 | 59 | 45 | -50 | -10 | -14 | 20 | 164 | -75 | -73 |
| Net Cash Flow | -2 | -2 | 0 | 1 | 3 | -2 | 1 | 36 | -27 | -3 |
| Free Cash Flow | 19 | -62 | -47 | 50 | 103 | -27 | 3 | 106 | -88 | 105 |
| CFO/OP | 120 | -87 | -41 | 117 | -1991 | 32 | 44 | 98 | 43 | 82 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 62 | 85 | 89 | 78 | 101 | 59 | 51 | 39 | 50 | 47 |
| Inventory Days | 172 | 199 | 206 | 155 | 223 | 123 | 144 | 124 | 138 | 116 |
| Days Payable | 87 | 68 | 76 | 59 | 138 | 84 | 90 | 70 | 79 | 59 |
| Cash Conversion Cycle | 147 | 217 | 219 | 174 | 185 | 98 | 105 | 93 | 109 | 103 |
| Working Capital Days | 76 | 118 | 102 | 88 | 136 | 72 | 65 | 53 | 74 | 68 |
| ROCE % | 14 | 20 | 17 | 16 | -7 | 13 | 37 | 31 | 19 | 19 |

## 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 | 46.97% | 46.88% | 45.73% | 45.73% | 45.42% | 45.41% | 45.41% | 45.41% | 44.91% | 44.7% | 44.7% | 44.7% |
| FIIs | 12.95% | 13.44% | 13.14% | 12.69% | 12.24% | 12.26% | 13.25% | 13.05% | 12.3% | 12.32% | 10.81% | 10.56% |
| DIIs | 17.51% | 16.76% | 20.52% | 21.82% | 22.88% | 23.96% | 23.71% | 24.68% | 26.11% | 26.57% | 28.3% | 28.26% |
| Government | 0% | 0% | 0% | 0% | 0.01% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 13.13% | 13.16% | 11.3% | 10.78% | 11.15% | 10.28% | 9.76% | 9.39% | 9.31% | 9.04% | 9.25% | 9.7% |
| Others | 9.44% | 9.76% | 9.31% | 8.98% | 8.3% | 8.09% | 7.86% | 7.47% | 7.38% | 7.37% | 6.94% | 6.79% |
| No. of Shareholders | 31307 | 41178 | 35078 | 32050 | 45148 | 42218 | 38387 | 36080 | 36627 | 35017 | 34886 | 36853 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 5 / 6

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1524.1 | Buy |
| EMA (10) | 1523.95 | Buy |
| SMA (20) | 1510.8 | Buy |
| EMA (20) | 1520.87 | Buy |
| SMA (50) | 1547.63 | Sell |
| EMA (50) | 1536.58 | Buy |
| SMA (100) | 1544 | Buy |
| EMA (100) | 1581.82 | Sell |
| SMA (200) | 1743.85 | Sell |
| EMA (200) | 1698.11 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55 | Neutral |
| MACD (12,26,9) | -0.47 | Buy |
| Stochastic (14,3,3) | 62.92 | Neutral |
| ADX (14) | 12.73 | Neutral |
| Williams %R (14) | -13.94 | Sell |
| ATR (14) | 42.01 | Neutral |
| ROC (12) | 3.25 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 58.94 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 11 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 11 analyst ratings, observed at 2026-09-11T04:53:49.963284+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Intimation To Physical Shareholders For Furnishing/ Updating Of PAN KYC Details And Nomination](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f5c09f4-7713-4757-947a-d4151c1edd30.pdf) |
| 2026-08-06 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=afba33f5-ea00-40f8-a714-7f5ab87609bc.pdf) |
| 2026-08-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8af65a03-ccf4-47b0-88e2-bc8ba521ad55.pdf) |
| 2026-08-04 | [Board Meeting Outcome for Outcome Of Board Meeting Dated 4Th August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=592ce98e-6d4e-4f6d-b0f4-cfc3cc50bc1b.pdf) |
| 2026-08-04 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=acf2ec91-ff00-46b2-ba08-5e15bbdbb1d7.pdf) |
| 2026-08-04 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f39f6964-77ee-438b-93b7-9c5d971bcf02.pdf) |
| 2026-08-03 | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8aab5e3e-5435-4613-9b1c-5e21ee5fd5ba.pdf) |
| 2026-08-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=178e576d-191a-4844-ad1e-ec387468e229.pdf) |
| 2026-07-28 | [Board Meeting Intimation for Consideration Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3cd492de-c898-45d5-b29c-8d414f937d5b.pdf) |
| 2026-07-17 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c843a0d2-8a60-4299-9d06-5d75fc832d7f.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-04 | [Outcome Of The Board Meeting Held On 4Th August 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=327c2303-2e31-4edd-aa1f-c6fa3061c827.pdf) |
| 2026-05-19 | [Outcome Of The Board Meeting Held On 19Th May 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65a0e3ee-744c-45bb-8263-22f88f1d0200.pdf) |
| 2026-02-10 | [Outcome Of The Board Meeting Held On 10Th February 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5d626c8-b049-4eb7-bab9-9ae064979b03.pdf) |
| 2025-11-10 | [Outcome Of The Board Meeting Held On 10Th November 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aea5e758-312d-4386-88c1-0ab49651cd63.pdf) |
| 2025-08-01 | [Outcome Of Board Meeting Held On 1St August 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0127f8e3-7c54-42ee-9935-4b5cf6ff18e9.pdf) |
| 2025-08-01 | [Outcome Of Board Meeting Held On 1St Aug 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19b3a69f-88cb-4809-bb6a-80e852c1e2c8.pdf) |
| 2025-05-06 | [Outcome Of The Board Meeting Held On 6Th May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0cad0be-af8f-41a8-871b-6d31925d0c36.pdf) |
| 2025-02-04 | [Outcome Of Board Meeting Held On 4Th February 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7525360e-cd62-4260-99df-d1785364ad42.pdf) |
| 2024-11-08 | [Outcome Of Board Meeting Held On 8Th November 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d6c329be-d4d2-49c0-8701-3c93d8c7b9d0.pdf) |
| 2024-08-07 | [Un-Audited Financial Results For The Quarter Ended 30Th June 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a5325f8-8444-47cf-b5fe-33159329fa2b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Mar - One-on-one meeting with Monarch Networth Capital on 12 Mar 2026 at 2:30 PM IST. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 9 Mar - One-on-one meeting with Monarch Networth Capital on 12 Mar 2026 at 2:30 PM IST.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1c6001ee-4f99-4c5f-bc76-fb8847efcc36.pdf) |
| 5 Mar - One-on-one meeting with Bryanston Investments on 10 March 2026 at 3:30 PM IST. | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Mar - One-on-one meeting with Bryanston Investments on 10 March 2026 at 3:30 PM IST.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2b825a25-279f-4124-8932-b16df6427c42.pdf) |
| 31 Mar - Trading window closed from 1 April 2026 until 48 hours after audited Q4 FY2026 results communicated. | [Closure of Trading Window 31 Mar - Trading window closed from 1 April 2026 until 48 hours after audited Q4 FY2026 results communicated.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6cb9d9fa-e01b-46fe-93aa-fa2510f96448.pdf) |
| 3 Apr - Newspaper Advertisement on Opening of Special Window and Re launch of Second 100 days campaign. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Apr - Newspaper Advertisement on Opening of Special Window and Re launch of Second 100 days campaign.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6176d149-c765-4ddd-88dc-a5277c1c8851.pdf) |
| 24 Apr - CRISIL confirmed Safari Industries' ratings on Rs.150 crore bank facilities at AA-/Stable and A1+. | [Announcement under Regulation 30 (LODR)-Credit Rating 24 Apr - CRISIL confirmed Safari Industries' ratings on Rs.150 crore bank facilities at AA-/Stable and A1+.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/96f9ad38-bbb0-47e9-bb9e-b778cf0e22c8.pdf) |
| 22 Apr - Safari Industries changed RTA from Adroit to MUFG Intime, effective 21 April 2026. | [Change In Registrar To An Issue And Share Transfer Agent ('RTA') 22 Apr - Safari Industries changed RTA from Adroit to MUFG Intime, effective 21 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c05f0b3-bd27-4216-a295-f451531b7e32.pdf) |
| 18 Feb - 20-year Carlton brand license; Rs.45 Lakh or 5% yearly fee; Rs.99.50 Cr refundable deposit. | [Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements 18 Feb - 20-year Carlton brand license; Rs.45 Lakh or 5% yearly fee; Rs.99.50 Cr refundable deposit.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4cca6d8c-43b3-4b24-9804-dd9488853d39.pdf) |
| 15h - Safari Industries changed RTA from Adroit to MUFG Intime, effective 21 April 2026. | [Change In Registrar To An Issue And Share Transfer Agent ('RTA') 15h - Safari Industries changed RTA from Adroit to MUFG Intime, effective 21 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4c05f0b3-bd27-4216-a295-f451531b7e32.pdf) |
| 11h - CRISIL confirmed Safari Industries' ratings on Rs.150 crore bank facilities at AA-/Stable and A1+. | [Announcement under Regulation 30 (LODR)-Credit Rating 11h - CRISIL confirmed Safari Industries' ratings on Rs.150 crore bank facilities at AA-/Stable and A1+.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/96f9ad38-bbb0-47e9-bb9e-b778cf0e22c8.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 6 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ade752e9-685b-4892-9f6b-4179d7106bd9.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d4ac2d8-08bf-4bb9-b542-36f5506ccf04.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3e22972-6c14-44c1-bbe1-140616bb99fb.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df85fab2-1bae-46fb-9fdc-2f2fc5358328.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/470c5ba8-b03e-4bff-8711-bf8a2f312635.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523025/73807523025.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/523025/69019523025.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/523025/5230250320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/523025/5230250319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/523025/5230250318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/523025/5230250317.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 2026-09-13T18:45:36.304Z.