---
title: "Sarda Energy & Minerals Ltd (SARDAEN) — Share Price, Financials & Analysis"
symbol: "SARDAEN"
company: "Sarda Energy & Minerals Ltd"
canonical: "https://tapetide.com/stocks/SARDAEN"
isin: "INE385C01021"
nse_symbol: "SARDAEN"
bse_code: "504614"
sector: "Commodities"
industry: "Ferrous Metals"
market_cap_cr: 18602.21
generated_at: "2026-09-13T18:26:43.257Z"
---

# Sarda Energy & Minerals Ltd (SARDAEN)

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

## Company

- **NSE Symbol:** SARDAEN
- **BSE Code:** 504614
- **ISIN:** INE385C01021
- **Sector:** Commodities
- **Industry:** Ferrous Metals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2009-12-03
- **CEO:** Mr. Kamal Kishore Sarda B.E. (Mech)
- **Employees:** 1905
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** seml.co.in

## About

Incorporated in 1973, Sarda Energy & Minerals Limited (SEML) is the flagship company of Sarda Group and is engaged in the production of steel, ferro alloys and power. [1]

## Latest Price

- **Price:** ₹524.15
- **Change:** -13.1 (-2.44%)
- **Open:** ₹533
- **Day High:** ₹534.5
- **Day Low:** ₹522.8
- **Previous Close:** ₹537.25
- **Volume:** 374526
- **As Of:** 2026-09-11T10:20:20+00:00

## Key Fundamentals

Observed at 2026-09-11T04:49:46.832174Z.

- **Market Cap:** ₹18602.21 Cr
- **Classification:** Smallcap
- **P/E (reported):** 16.4
- **P/E (TTM):** 16.35
- **EPS (TTM):** ₹32.05
- **EPS (reported):** ₹15.69
- **Book Value:** ₹209.15
- **Price to Book:** 2.57
- **Dividend Yield:** 0.37%
- **ROE:** 14.22%
- **ROCE:** 16.3%
- **Debt to Equity:** 0.36
- **Revenue (yearly):** ₹5927.5 Cr
- **Net Income:** ₹1063.3 Cr
- **EBITDA:** ₹2024.5 Cr
- **52-Week High:** ₹639.75
- **52-Week Low:** ₹453.1
- **RSI (14):** 62.52

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 50.05 | 9% |
| growth | 28.92 | 9% |
| momentum | 38.75 | 12% |
| ownership | 59.27 | 24% |
| quality | 75.73 | 22% |
| valuation | 69.18 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 22.4% CAGR over last 5 years

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 95.87% | 133.66% | 89.14% |
| ebitda margin growth | 119.2% | 16.63% | 40.94% | -3.69% |
| net income growth | 208.05% | 56.09% | 20% | 22% |
| revenue growth | 36.37% | 23.1% | 11% | 21% |
| roce | 154.96% | 30.3% | 6.96% | 18.36% |
| roe | 208.17% | 33.4% | 12.54% | -45.33% |

## 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 | 1001 | 925 | 889 | 926 | 1159 | 1319 | 1239 | 1633 | 1528 | 1276 | 1254 | 1608 |
| Expenses | 759 | 737 | 737 | 666 | 821 | 950 | 968 | 1016 | 1016 | 965 | 906 | 955 |
| Operating Profit | 242 | 188 | 152 | 261 | 337 | 369 | 271 | 617 | 512 | 311 | 348 | 653 |
| OPM % | 24 | 20 | 17 | 28 | 29 | 28 | 22 | 38 | 34 | 24 | 28 | 41 |
| Other Income | 24 | 32 | 42 | 75 | 51 | 0 | 46 | 80 | 68 | 95 | 5 | 108 |
| Interest | 35 | 31 | 28 | 36 | 50 | 64 | 70 | 62 | 64 | 64 | 54 | 58 |
| Depreciation | 46 | 46 | 46 | 45 | 62 | 78 | 87 | 81 | 85 | 86 | 88 | 89 |
| Profit before tax | 186 | 143 | 121 | 255 | 276 | 226 | 160 | 553 | 431 | 255 | 210 | 615 |
| Tax % | 19 | 25 | 37 | 24 | 26 | 17 | 41 | 24 | 27 | 28 | 33 | 25 |
| Net Profit | 149 | 114 | 88 | 198 | 203 | 200 | 100 | 437 | 328 | 190 | 155 | 478 |
| EPS in Rs | 3.99 | 3.32 | 2.68 | 5.64 | 5.55 | 5.6 | 3.07 | 12.33 | 9.17 | 5.4 | 4.48 | 13 |

### 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 | 2174 | 2324 | 2000 | 2199 | 3914 | 4212 | 3868 | 4643 | 5690 | 5665 |
| Expenses | 1772 | 1842 | 1644 | 1679 | 2559 | 3152 | 3070 | 3406 | 3903 | 3842 |
| Operating Profit | 402 | 482 | 356 | 520 | 1355 | 1060 | 798 | 1237 | 1787 | 1824 |
| OPM % | 18 | 21 | 18 | 24 | 35 | 25 | 21 | 27 | 31 | 32 |
| Other Income | 63 | 17 | -17 | 130 | 43 | 49 | 181 | 172 | 247 | 276 |
| Interest | 97 | 99 | 82 | 79 | 147 | 124 | 128 | 220 | 244 | 240 |
| Depreciation | 73 | 76 | 78 | 75 | 143 | 178 | 183 | 271 | 341 | 348 |
| Profit before tax | 294 | 324 | 179 | 495 | 1108 | 807 | 667 | 918 | 1449 | 1511 |
| Tax % | 30 | 36 | 24 | 23 | 27 | 25 | 24 | 26 | 27 | — |
| Net Profit | 205 | 207 | 128 | 376 | 807 | 604 | 524 | 702 | 1109 | 1151 |
| EPS in Rs | 5.62 | 5.64 | 3.5 | 10.4 | 22.31 | 17.09 | 14.84 | 19.86 | 31.38 | 32.05 |
| Dividend Payout % | 9 | 9 | 14 | 7 | 3 | 9 | 7 | 8 | 6 | — |

### 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 | 36 | 36 | 36 | 36 | 36 | 36 | 35 | 35 | 35 | 35 |
| Reserves | 1322 | 1540 | 1707 | 1834 | 2182 | 2968 | 3375 | 3853 | 6251 | 7335 |
| Borrowings | 1363 | 1386 | 1395 | 1694 | 1714 | 1581 | 1407 | 1366 | 2861 | 2632 |
| Other Liabilities | 395 | 451 | 543 | 538 | 587 | 714 | 664 | 747 | 977 | 1369 |
| Total Liabilities | 3115 | 3413 | 3682 | 4102 | 4518 | 5298 | 5481 | 6002 | 10125 | 11371 |
| Fixed Assets | 1183 | 1358 | 1349 | 1323 | 1287 | 2853 | 2907 | 2853 | 5845 | 6100 |
| CWIP | 799 | 783 | 1063 | 1374 | 1616 | 133 | 132 | 251 | 728 | 472 |
| Investments | 226 | 241 | 213 | 191 | 266 | 500 | 422 | 659 | 792 | 1645 |
| Other Assets | 907 | 1030 | 1057 | 1214 | 1349 | 1812 | 2020 | 2239 | 2759 | 3154 |
| Total Assets | 3115 | 3413 | 3682 | 4102 | 4518 | 5298 | 5481 | 6002 | 10125 | 11371 |

### 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 | 177 | 300 | 480 | 336 | 188 | 917 | 701 | 742 | 886 | 1735 |
| Cash from Investing Activity | -241 | -156 | -399 | -415 | -186 | -466 | -431 | -423 | -2132 | -1166 |
| Cash from Financing Activity | 63 | -86 | -106 | 199 | -70 | -331 | -479 | -223 | 1200 | -519 |
| Net Cash Flow | -1 | 58 | -24 | 120 | -68 | 120 | -208 | 96 | -46 | 50 |
| Free Cash Flow | -63 | 49 | 155 | -16 | -115 | 644 | 485 | 477 | 396 | 1400 |
| CFO/OP | 89 | 90 | 123 | 112 | 52 | 87 | 88 | 112 | 74 | 98 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 27 | 22 | 15 | 23 | 23 | 16 | 16 | 10 | 17 | 18 |
| Inventory Days | 133 | 102 | 107 | 141 | 157 | 107 | 106 | 80 | 115 | 99 |
| Days Payable | 59 | 39 | 46 | 72 | 67 | 46 | 24 | 26 | 28 | 22 |
| Cash Conversion Cycle | 101 | 85 | 76 | 92 | 113 | 77 | 98 | 64 | 105 | 96 |
| Working Capital Days | 154 | 99 | 96 | 120 | 97 | 53 | 67 | 49 | 68 | 68 |
| ROCE % | 8 | 14 | 13 | 8 | 15 | 29 | 19 | 15 | 15 | 17 |

## 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 | 72.64% | 72.64% | 72.64% | 72.64% | 73.16% | 73.16% | 73.16% | 73.16% | 73.16% | 73.16% | 73.16% | 73.16% |
| FIIs | 2.69% | 2.81% | 2.69% | 2.5% | 2.28% | 2.66% | 3.47% | 3.83% | 4.13% | 3.54% | 3.51% | 3.52% |
| DIIs | 3.92% | 3.85% | 3.61% | 3.75% | 4.27% | 4.35% | 3.78% | 3.81% | 2.88% | 2.92% | 3.32% | 3.47% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 15.69% | 15.82% | 16.48% | 16.75% | 16.03% | 15.62% | 15.5% | 15.24% | 15.66% | 16.01% | 15.65% | 15.68% |
| Others | 5.05% | 4.88% | 4.57% | 4.36% | 4.26% | 4.2% | 4.1% | 3.96% | 4.17% | 4.37% | 4.37% | 4.17% |
| No. of Shareholders | 38807 | 42082 | 53543 | 53957 | 71216 | 76037 | 85188 | 85676 | 95666 | 95338 | 90809 | 91188 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 11 / 7 / 1

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 514.17 | Buy |
| EMA (10) | 520.27 | Buy |
| SMA (20) | 512.94 | Buy |
| EMA (20) | 515.12 | Buy |
| SMA (50) | 507.65 | Buy |
| EMA (50) | 513.66 | Buy |
| SMA (100) | 526.63 | Sell |
| EMA (100) | 517.96 | Buy |
| SMA (200) | 519.67 | Buy |
| EMA (200) | 517.36 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 55.11 | Neutral |
| MACD (12,26,9) | 4.92 | Buy |
| Stochastic (14,3,3) | 70.74 | Neutral |
| ADX (14) | 21.55 | Neutral |
| Williams %R (14) | -47.1 | Neutral |
| ATR (14) | 14.86 | Neutral |
| ROC (12) | 1.9 | Buy |
| Stoch RSI (14) | 55.13 | Neutral |
| UO (7,14,28) | 51.51 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c20386a-4af2-4706-903e-1b7b3c911918.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea7f7e35-be1f-4943-bca4-b437fa778384.pdf) |
| 2026-09-04 | [Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97765ea2-a909-4edc-acc4-0aa9726d7a88.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e62427f9-b837-4d6b-a2c0-b5f1a20e2994.pdf) |
| 2026-08-31 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a918c8da-9264-46c3-85e6-2e3ebe2e72fa.pdf) |
| 2026-08-31 | [AGM On 24.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d89041f1-3a97-4879-a793-9c0f070f291b.pdf) |
| 2026-08-31 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a9e665ef-7982-47be-bc3f-ca5a9b878a6d.pdf) |
| 2026-08-14 | [Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98880E74_19FB_4BAD_888C_EA270A5718B5_131324.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=788ffac5-f473-46e3-bd68-482dc8970056.pdf) |
| 2026-08-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1b4e3e9b-1fd4-41ef-920d-f07a359217e3.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4ef9a1ab-5d4a-4975-80eb-5f814080e813.pdf) |
| 2026-05-23 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a2e2ef0-eed8-4300-959b-6b400b052429.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a4fefc0-cc2e-4b57-9e79-f7411c7c2946.pdf) |
| 2025-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f862c5ee-9e82-49c3-b29b-a2844a015573.pdf) |
| 2025-08-04 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af75d6f4-68eb-4b47-8af3-2a7ab8987c4e.pdf) |
| 2025-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79e0529d-f3bb-42aa-bde0-0c812ac6060f.pdf) |
| 2025-02-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b1cec295-0c3e-498c-8f63-43c1476c8049.pdf) |
| 2024-11-18 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c1e2ba0-a411-4250-82a5-9260bd7f7d75.pdf) |
| 2024-08-05 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=930660eb-79b5-41b4-a073-731cded3e080.pdf) |
| 2024-05-27 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d9204989-423f-4790-983f-562b0004006a.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-01 | [Financial Results For The Quarter Ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a2c55bb-79b0-443f-946c-781e42d3a062.pdf) |
| 2026-05-23 | [Audited Results For The Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eb2109d4-f8b0-4a69-9328-4ed01680482d.pdf) |
| 2026-02-07 | [Unaudited Results For 3Rd Quarter And Nine Months Ended 31.12.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1d3ba25-4241-405a-8a0c-e8abfe777c7b.pdf) |
| 2025-11-10 | [Unaudited Results For The Quarter And Half Year Ended 30.09.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=783be92f-ffa1-4024-b5b5-828f1971c31f.pdf) |
| 2025-08-02 | [Unaudited Results For The Quarter Ended 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db2c8e2f-88f7-4bc9-9f11-e5e1a81d1a6c.pdf) |
| 2025-05-24 | [Financial Results For The Quarter And Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1d5da21f-7d95-4111-b39c-025ef6dd6249.pdf) |
| 2025-02-08 | [Un-Audited Results For The Quarter Ended 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=86f05269-bef6-406e-b2da-34474154c608.pdf) |
| 2024-11-14 | [Unaudited Results For The Quarter And Half Year Ended 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6d394d4-73a8-4352-abea-ec311e2c0366.pdf) |
| 2024-08-03 | [Unaudited Results For The Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5de459f5-cd4f-48de-9dd6-14d7d74f0e24.pdf) |
| 2024-05-25 | [Audited Results For Quarter And Year Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7bfaed97-5f86-4765-982e-219818bfe271.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-25 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=979737b2-a889-4143-84c7-4eb213fe2250.pdf) |
| 2024-08-05 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe35c4f2-8a66-46b3-a04f-4d72218e7392.pdf) |
| 2023-08-01 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51ec29d7-1806-4070-93a8-a04c0c7e0f71.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - CARE reaffirmed Madhya Bharat Power’s ₹780.76 crore long-term bank facilities at CARE A; Stable on 8 April 2026. | [Updates 8 Apr - CARE reaffirmed Madhya Bharat Power’s ₹780.76 crore long-term bank facilities at CARE A; Stable on 8 April 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d923ed4e-2344-4e61-9392-b75371933206.pdf) |
| 7 Mar - Sarda Energy to merge wholly-owned Kalyani Coal Mining into itself on 7 Mar 2026; consideration via shares; no shareholding change | [Update 7 Mar - Sarda Energy to merge wholly-owned Kalyani Coal Mining into itself on 7 Mar 2026; consideration via shares; no shareholding change](https://www.bseindia.com/xml-data/corpfiling/AttachHis/06396f9f-1e58-4e4a-9377-97a3d8d3acb9.pdf) |
| 6 Mar - Acquired 14,53,496 shares (0.22%) of Godawari Power & Ispat for ₹37.94 crore between 16.12.2025–05.03.2026. | [Update 6 Mar - Acquired 14,53,496 shares (0.22%) of Godawari Power & Ispat for ₹37.94 crore between 16.12.2025–05.03.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/42b3fe67-1082-4e86-bc1f-ea47ce86033f.pdf) |
| 3 Apr - Board approved 66 MW hydro stake acquisition, new real estate JV, and appointed Executive Director from 3 Apr 2026. | [Board Meeting Outcome for Outcome Of Board Meeting 3 Apr - Board approved 66 MW hydro stake acquisition, new real estate JV, and appointed Executive Director from 3 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/42bbf119-42e5-47f7-9bc7-95dfa3aef91f.pdf) |
| 3 Apr - Board approved 50% real estate JV, majority stake in 66 MW hydro company, and appointed Executive Director. | [Announcement under Regulation 30 (LODR)-Change in Management 3 Apr - Board approved 50% real estate JV, majority stake in 66 MW hydro company, and appointed Executive Director.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c880f63d-5ba2-4371-b9fc-88073ff68b0e.pdf) |
| 27 Feb - Supreme Court rejected appeals; upheld NCLT approval (13.08.2024) for acquisition of SKS Power Generation Ltd. | [Update 27 Feb - Supreme Court rejected appeals; upheld NCLT approval (13.08.2024) for acquisition of SKS Power Generation Ltd.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7aa2f8f1-0164-4425-bc44-9c30efab2f3d.pdf) |
| 21 Mar - Trading window closed from 1 Apr 2026 until 48 hours after audited FY2025-26 results. | [Closure of Trading Window 21 Mar - Trading window closed from 1 Apr 2026 until 48 hours after audited FY2025-26 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e6f91560-e823-419e-95c1-171154ecfbeb.pdf) |
| 2 Mar - 27-Feb-2026: Supreme Court rejected appeals, upholding NCLT's 13-Aug-2024 approval of SKS Power Generation acquisition. | [Clarification On Volume Movement 2 Mar - 27-Feb-2026: Supreme Court rejected appeals, upholding NCLT's 13-Aug-2024 approval of SKS Power Generation acquisition.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/43b26a6d-e8d2-4148-bf3e-ed7d9942c7f7.pdf) |
| 14h - Board meeting on 23 May 2026 to approve FY2025-26 audited results and consider dividend. | [Board Meeting Intimation for Considering And Approving Audited Results And Audited Financial Statements For F.Y. 2025-26 And Dividend For F.Y. 2025-26, If Any. 14h - Board meeting on 23 May 2026 to approve FY2025-26 audited results and consider dividend.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/eabfd3bd-07bf-418d-a7a5-1c3f3fe05ed7.pdf) |
| 13h - Board to meet on 23 May 2026 for FY26 audited results; trading window closed till 25 May 2026. | [Closure of Trading Window 13h - Board to meet on 23 May 2026 for FY26 audited results; trading window closed till 25 May 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9f8c1bb4-a1f4-4ec8-b04a-8d37087149eb.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60bc044d-57dd-4acc-a932-614297b09620.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60bc044d-57dd-4acc-a932-614297b09620.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9209cda-a205-40a1-9c94-1184e85e5480.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e9209cda-a205-40a1-9c94-1184e85e5480.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a21eb927-da29-4499-bb8e-2ec93bfdb208.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a706dc17-0f0b-41cc-93af-fe9df4eee6f1.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a706dc17-0f0b-41cc-93af-fe9df4eee6f1.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab1a0145-5be7-4b9d-9b0e-5456a2c89963.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab1a0145-5be7-4b9d-9b0e-5456a2c89963.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f7ba986-64d6-4b2d-9a63-9b49aafcb18b.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80743f36-fa94-4935-8656-4c0fcc36a4cf.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/183aefc2-407c-4be2-a90d-26d8d80fbfdf.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bf414b44-807f-4f00-8719-afbace39b12e.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/504614/75656504614.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/504614/70204504614.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2024-08-10 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3f4c7c9a-b2ca-4dfd-b7d4-0bd7879b9d82.pdf) |
| 2024-05-31 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=529e49b0-c874-49d0-b5ff-8748f4defae1.pdf) |
| 2024-02-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=12d83674-e52a-47b4-a2fd-ba47a866410f.pdf) |
| 2023-11-06 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a21eb927-da29-4499-bb8e-2ec93bfdb208.pdf) |
| 2023-08-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=173730b8-c1df-4a3b-83d7-8c966e4990eb.pdf) |
| 2023-06-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4bd262c1-210c-420a-b441-760431cd5c1b.pdf) |
| 2021-08-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41cdb015-e3c4-4266-9c3b-304e74d9c41b.pdf) |
| 2021-06-04 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4fecb65f-5d20-43bb-9d8d-a721026ae6bb.pdf) |

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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 2026-09-13T18:26:43.257Z.