---
title: "SMS Pharmaceuticals Ltd (SMSPHARMA) — Share Price, Financials & Analysis"
symbol: "SMSPHARMA"
company: "SMS Pharmaceuticals Ltd"
canonical: "https://tapetide.com/stocks/SMSPHARMA"
isin: "INE812G01025"
nse_symbol: "SMSPHARMA"
bse_code: "532815"
sector: "Healthcare"
industry: "Pharmaceuticals & Biotechnology"
market_cap_cr: 4144.57
generated_at: "2026-09-13T18:36:22.389Z"
---

# SMS Pharmaceuticals Ltd (SMSPHARMA)

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

## Company

- **NSE Symbol:** SMSPHARMA
- **BSE Code:** 532815
- **ISIN:** INE812G01025
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals & Biotechnology
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Listed Since:** 2007-02-28
- **CEO:** Mr. Ramesh Babu Potluri
- **Employees:** 1470
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** smspharma.com

## About

SMS Pharmaceuticals Ltd is a diversified and integrated pharmaceutical company with interests in Active Pharmaceutical Ingredients (API) and Intermediates.[1]

## Latest Price

- **Price:** ₹463.45
- **Change:** +46 (+11.02%)
- **Open:** ₹417.85
- **Day High:** ₹469
- **Day Low:** ₹414.55
- **Previous Close:** ₹417.45
- **Volume:** 10401534
- **As Of:** 2026-09-11T10:24:05+00:00

## Key Fundamentals

Observed at 2026-09-11T04:42:27.459853Z.

- **Market Cap:** ₹4144.57 Cr
- **Classification:** Microcap
- **P/E (reported):** 38.3
- **P/E (TTM):** 42.4
- **EPS (TTM):** ₹10.93
- **EPS (reported):** ₹6.73
- **Book Value:** ₹83.91
- **Price to Book:** 5
- **Dividend Yield:** 0.1%
- **ROE:** 10.54%
- **ROCE:** 13.39%
- **Debt to Equity:** 0.46
- **Revenue (yearly):** ₹886.87 Cr
- **Net Income:** ₹90.71 Cr
- **EBITDA:** ₹171.28 Cr
- **52-Week High:** ₹447.8
- **52-Week Low:** ₹242.25
- **RSI (14):** 73.79

## Tapetide Score

- **Score:** 43 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 22.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 41.63 | 9% |
| growth | 35.94 | 9% |
| momentum | 42.17 | 12% |
| ownership | 55.14 | 24% |
| quality | 47.8 | 22% |
| valuation | 36.14 | 24% |

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

## Key Insights

### Weaknesses

- Stock is trading at 5.52 times its book value
- Company has a low return on equity of 12.3% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 63.03% | 263.96% | -9.66% |
| ebitda margin growth | 0.47% | 3.91% | 12.79% | -15.95% |
| net income growth | -36.09% | 34.58% | 155% | 10% |
| revenue growth | -13.22% | 12.4% | 19% | 10% |
| roce | 1.11% | 5.02% | 207.11% | 12.05% |
| roe | -36.07% | 14.94% | 6.85% | -29.02% |

## 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 | 167 | 161 | 246 | 164 | 197 | 173 | 248 | 196 | 242 | 210 | 238 | 207 |
| Expenses | 139 | 132 | 212 | 131 | 165 | 140 | 207 | 157 | 194 | 167 | 198 | 166 |
| Operating Profit | 28 | 29 | 34 | 34 | 31 | 33 | 41 | 39 | 48 | 44 | 40 | 41 |
| OPM % | 17 | 18 | 14 | 20 | 16 | 19 | 16 | 20 | 20 | 21 | 17 | 20 |
| Other Income | 1 | 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 4 | 3 | 2 |
| Interest | 6 | 6 | 6 | 5 | 5 | 4 | 5 | 6 | 6 | 6 | 5 | 6 |
| Depreciation | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 10 | 10 | 10 | 10 | 10 |
| Profit before tax | 15 | 17 | 22 | 22 | 20 | 22 | 29 | 24 | 34 | 31 | 27 | 27 |
| Tax % | 21 | 26 | 26 | 25 | 29 | 24 | 30 | 23 | 26 | 26 | 23 | 26 |
| Net Profit | 12 | 11 | 17 | 16 | 14 | 18 | 20 | 20 | 25 | 23 | 33 | 21 |
| EPS in Rs | 1.38 | 1.36 | 2.04 | 1.95 | 1.66 | 2.15 | 2.29 | 2.31 | 2.7 | 2.51 | 3.49 | 2.23 |

### 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 | 463 | 465 | 412 | 563 | 520 | 522 | 709 | 783 | 887 | 898 |
| Expenses | 369 | 375 | 332 | 442 | 405 | 467 | 593 | 644 | 716 | 725 |
| Operating Profit | 93 | 90 | 80 | 121 | 115 | 55 | 117 | 139 | 171 | 173 |
| OPM % | 20 | 19 | 19 | 22 | 22 | 10 | 16 | 18 | 19 | 19 |
| Other Income | 2 | 3 | 5 | 3 | 5 | 5 | 4 | 6 | 8 | 9 |
| Interest | 15 | 12 | 12 | 11 | 19 | 22 | 24 | 19 | 23 | 23 |
| Depreciation | 20 | 19 | 22 | 22 | 32 | 32 | 32 | 34 | 40 | 40 |
| Profit before tax | 60 | 62 | 51 | 91 | 68 | 5 | 66 | 92 | 117 | 119 |
| Tax % | 33 | 34 | 36 | 33 | 1 | 28 | 26 | 27 | 25 | — |
| Net Profit | 32 | 40 | 32 | 63 | 62 | -7 | 50 | 69 | 102 | 102 |
| EPS in Rs | 3.75 | 4.73 | 3.73 | 7.38 | 7.35 | -0.83 | 5.88 | 7.8 | 10.89 | 10.93 |
| Dividend Payout % | 7 | 5 | 7 | 4 | 4 | -36 | 7 | 5 | 4 | — |

### 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 | 8 | 8 | 8 | 8 | 9 | 9 |
| Reserves | 246 | 276 | 313 | 340 | 402 | 462 | 452 | 528 | 631 | 776 |
| Borrowings | 149 | 146 | 144 | 157 | 255 | 263 | 254 | 281 | 311 | 365 |
| Other Liabilities | 89 | 72 | 93 | 103 | 147 | 126 | 165 | 217 | 202 | 212 |
| Total Liabilities | 493 | 503 | 559 | 608 | 812 | 860 | 880 | 1034 | 1153 | 1362 |
| Fixed Assets | 290 | 279 | 281 | 280 | 457 | 438 | 412 | 437 | 533 | 534 |
| CWIP | 8 | 8 | 18 | 42 | 7 | 11 | 33 | 30 | 35 | 122 |
| Investments | 29 | 28 | 27 | 26 | 27 | 22 | 11 | 11 | 12 | 26 |
| Other Assets | 166 | 187 | 232 | 259 | 321 | 389 | 424 | 556 | 573 | 681 |
| Total Assets | 493 | 503 | 559 | 608 | 812 | 860 | 880 | 1034 | 1153 | 1362 |

### 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 | 73 | 32 | 50 | 40 | 90 | 45 | 22 | 50 | 82 | 59 |
| Cash from Investing Activity | -39 | -17 | -35 | -43 | -152 | -27 | -30 | -52 | -123 | -131 |
| Cash from Financing Activity | -33 | -15 | -13 | -2 | 92 | -12 | -32 | 31 | 47 | 76 |
| Net Cash Flow | 1 | 0 | 2 | -5 | 31 | 6 | -39 | 29 | 5 | 4 |
| Free Cash Flow | 50 | 23 | 15 | -3 | -61 | 18 | -7 | -2 | -42 | -71 |
| CFO/OP | 110 | 46 | 70 | 65 | 88 | 52 | 50 | 56 | 73 | 49 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 18 | 19 | 20 | 43 | 68 | 34 | 104 | 122 | 95 | 89 |
| Inventory Days | 114 | 135 | 170 | 191 | 148 | 333 | 243 | 201 | 238 | 260 |
| Days Payable | 82 | 49 | 59 | 66 | 70 | 97 | 117 | 130 | 95 | 89 |
| Cash Conversion Cycle | 50 | 105 | 131 | 169 | 146 | 270 | 230 | 192 | 237 | 260 |
| Working Capital Days | -2 | 27 | 39 | 57 | 48 | 94 | 104 | 85 | 88 | 98 |
| ROCE % | 13 | 18 | 17 | 13 | 17 | 13 | 4 | 12 | 13 | 13 |

## 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 | 64.32% | 64.32% | 64.67% | 64.67% | 64.67% | 64.67% | 66.26% | 66.26% | 68.07% | 68.07% | 68.07% | 68.07% |
| FIIs | 0.6% | 0.59% | 0.17% | 0.17% | 0.52% | 0.31% | 0.08% | 0.03% | 0.28% | 0.04% | 0.31% | 0.65% |
| DIIs | 0% | 0% | 1.98% | 2.13% | 2.55% | 2.55% | 2.43% | 3.03% | 2.88% | 3.21% | 3.02% | 2.83% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 29.08% | 29.22% | 27.93% | 27.81% | 27.04% | 27.38% | 26.35% | 25.89% | 24.02% | 24.08% | 23.17% | 24.04% |
| Others | 6.01% | 5.88% | 5.25% | 5.22% | 5.23% | 5.09% | 4.87% | 4.78% | 4.76% | 4.61% | 5.43% | 4.41% |
| No. of Shareholders | 25246 | 25341 | 30140 | 31780 | 33136 | 34973 | 35332 | 33652 | 33009 | 34378 | 32397 | 31489 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 3 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 396.51 | Buy |
| EMA (10) | 404.16 | Buy |
| SMA (20) | 376.91 | Buy |
| EMA (20) | 389.15 | Buy |
| SMA (50) | 381.56 | Buy |
| EMA (50) | 382.38 | Buy |
| SMA (100) | 386.6 | Buy |
| EMA (100) | 379.23 | Buy |
| SMA (200) | 367.28 | Buy |
| EMA (200) | 359.22 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 83.35 | Sell |
| MACD (12,26,9) | 13.87 | Buy |
| Stochastic (14,3,3) | 76.2 | Neutral |
| ADX (14) | 29.47 | Buy |
| Williams %R (14) | -4.63 | Sell |
| ATR (14) | 18.85 | High Volatility |
| ROC (12) | 29.56 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 56.69 | Neutral |

## Analyst Ratings

| Recommendation | Analysts | Share |
| --- | --- | --- |
| Buy | 1 | 100% |
| Hold | 0 | 0% |
| Sell | 0 | 0% |

Based on 1 analyst ratings, observed at 2026-09-11T04:42:27.454642+00:00.

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff4bd6d2-72e9-4da2-a38d-5c10bbcc901c.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e24b0d7-3717-4349-a587-f4130bcceb6d.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06587cdd-ddb7-404e-a9b1-291e5d04b893.pdf) |
| 2026-09-04 | [Notice Of 38Th Annual General Meeting To Be Held On 29Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9070abd2-0a56-4036-a35f-2eaf515512ff.pdf) |
| 2026-09-04 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4cb6b991-d080-469d-9f1f-c5f8702b67dd.pdf) |
| 2026-09-04 | [Letter To Shareholders Regarding Annual Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad70ff49-fbd2-4707-a49b-2c7d58c6f9bc.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa62211d-0108-44aa-831c-90a31684f8f3.pdf) |
| 2026-08-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9dc67731-8b69-4ea3-b36c-61d013925e3e.pdf) |
| 2026-08-27 | [Intimation For Change In The Date Of 38Th Annual General Meeting Book Closure And Record Date Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db84eb0b-8473-4f5e-805c-37637ed4888d.pdf) |
| 2026-08-27 | [Change In Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a6e65a54-6db4-4c68-9514-8e0b04908923.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54bb62d8-3d6f-47d9-a51d-ececfc01518d.pdf) |
| 2026-05-23 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10c97297-4d9f-4360-9933-94ab6f052b17.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33df2677-efab-49bb-8997-d75763fea5db.pdf) |
| 2025-11-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=faca478f-827d-419a-a4dc-966a097596e8.pdf) |
| 2025-05-31 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cc7bf01c-239a-42c0-9f95-ae55500f8d5e.pdf) |
| 2025-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ff07bb3a-0302-42c6-813c-c5fb07f3c3c0.pdf) |
| 2024-11-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63c531a9-aa8d-446a-bc42-6b8552f00df8.pdf) |
| 2024-08-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08af0caa-a48d-4744-9bb5-380dfbe6e933.pdf) |
| 2024-05-30 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7af2fbfd-dd20-42c0-a96e-69ccbcf9fbad.pdf) |
| 2024-02-10 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=77095d3c-3907-4eea-a9f8-2edece269e24.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-31 | [Financial Results For The Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1dee99f8-3bec-4524-a9db-61ef2eb1b375.pdf) |
| 2026-05-22 | [Financial Results For The 4Th Quarter And Year Ended 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=25b714c3-b2a2-4b61-b7f8-98234c9feb16.pdf) |
| 2026-02-07 | [Financial Results For The Quarter Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a8bd25be-2c18-4596-8f76-0c57ce9f6355.pdf) |
| 2025-11-08 | [Financial Results For The Quarter Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9791afef-81a7-4ff4-b97f-178b1a53a02e.pdf) |
| 2025-08-09 | [Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=11f9cec8-de8f-476f-852b-4915c6a17b75.pdf) |
| 2025-05-30 | [Financial Results For The Fourth Quarter And Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=21e80d68-0c28-464e-9fb0-5f7236d21a23.pdf) |
| 2025-02-12 | [Financial Results For The Quarter Ended 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5d7edaa3-00d1-45cd-a7e8-72f5ef641830.pdf) |
| 2024-11-08 | [Financial Results For The Quarter Ended 30/09/2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e291bfcc-5a29-4e43-b1ae-e972ca9c3682.pdf) |
| 2024-08-05 | [Outcome Of Board Meeting And Financial Results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b162293d-d868-4c14-b848-f04fb8b7780a.pdf) |
| 2024-05-29 | [Financial Results For The Fourth Quarter And FY Ended 31St March, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61da9e9f-fdfb-460b-bf84-afefb98cb113.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Feb - Q3 FY26: Revenue ₹210.45cr (+21% YoY), PAT ₹23.47cr (+29%), ₹280cr capex, FY26 guidance ~20% growth. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 9 Feb - Q3 FY26: Revenue ₹210.45cr (+21% YoY), PAT ₹23.47cr (+29%), ₹280cr capex, FY26 guidance ~20% growth.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8b1b6dfd-d473-4e2c-8ab9-db1580537aa2.pdf) |
| 7 Feb - No deviation; Rs.114.30 crore raised via 90 lakh warrants (Mar 19,2024); Rs.80.93 crore utilized by Dec 31,2025. | [Statement Of Deviation Or Variation For The Quarter Ended December 31, 2025 7 Feb - No deviation; Rs.114.30 crore raised via 90 lakh warrants (Mar 19,2024); Rs.80.93 crore utilized by Dec 31,2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a8e11a7-7766-49e8-87df-89e6aea736d8.pdf) |
| 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec3b16bd-24a3-4873-9769-cabec1a21b25.pdf) |
| 31 Mar - Received Income Tax demand of Rs.7.19 crore for AY2018-19; assessment under Sections147/144B; penalty u/s270A initiated. | [Demand Notice From Income Tax Department 31 Mar - Received Income Tax demand of Rs.7.19 crore for AY2018-19; assessment under Sections147/144B; penalty u/s270A initiated.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/be396e57-889a-44ae-a784-3ee8e2f218ef.pdf) |
| 30 Apr - Company confirms it does not fall under Large Corporate criteria as of March 31, 2026. | [Confirmation Of Not- Falling Under 'Large Corporate' Criteria 30 Apr - Company confirms it does not fall under Large Corporate criteria as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/847b634f-88b5-49cb-9105-75d758aaefc8.pdf) |
| 30 Apr - Company confirms it does not fall under Large Corporate criteria as of March 31, 2026. | [Confirmation Of Not- Falling Under 'Large Corporate' Criteria 30 Apr - Company confirms it does not fall under Large Corporate criteria as of March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/847b634f-88b5-49cb-9105-75d758aaefc8.pdf) |
| 29 Apr - Income tax rectification order on 28 Apr 2026 reduced demand to Rs.40.28 lakh from Rs.7.19 crore. | [Receipt Of Rectification Order By Income Tax Department 29 Apr - Income tax rectification order on 28 Apr 2026 reduced demand to Rs.40.28 lakh from Rs.7.19 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b942a4b-e670-49d4-bf49-3940b3b8a35b.pdf) |
| 29 Apr - Income tax rectification order on 28 Apr 2026 reduced demand to Rs.40.28 lakh from Rs.7.19 crore. | [Receipt Of Rectification Order By Income Tax Department 29 Apr - Income tax rectification order on 28 Apr 2026 reduced demand to Rs.40.28 lakh from Rs.7.19 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4b942a4b-e670-49d4-bf49-3940b3b8a35b.pdf) |
| 2 May - Newspaper Publication regarding " Second 100 days Campaign - Saksham Niveshak | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 May - Newspaper Publication regarding " Second 100 days Campaign - Saksham Niveshak](https://www.bseindia.com/xml-data/corpfiling/AttachHis/520dc93d-d7d9-4e05-a27f-f569a08d34b1.pdf) |
| 2 May - Newspaper Publication regarding " Second 100 days Campaign - Saksham Niveshak | [Announcement under Regulation 30 (LODR)-Newspaper Publication 2 May - Newspaper Publication regarding " Second 100 days Campaign - Saksham Niveshak](https://www.bseindia.com/xml-data/corpfiling/AttachLive/520dc93d-d7d9-4e05-a27f-f569a08d34b1.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-05-30 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2c53f14-d702-4dfe-bcca-baaf1c32d852.pdf) |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6582f724-b884-472c-977c-36e0c128a7e1.pdf) |
| 2025-06-05 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=129447e4-b59e-4b8a-9ae0-32f6f11dbe3e.pdf) |
| 2024-11-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34d31f75-6e30-4a17-918f-3880dec6466c.pdf) |
| 2024-08-12 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=669f09d7-dcc3-402e-b261-05f50641e11b.pdf) |
| 2023-08-17 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c0ef820-a587-4428-99e0-205114cd388a.pdf) |
| 2023-02-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ac7f779-22ac-4d1a-86a7-911a4f8faff8.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-05-27 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=80a3ef73-b2f5-422e-8852-ca75bc715fae.pdf) |
| 2025-11-11 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1c5d052-3285-415c-9573-759d87ba5611.pdf) |
| 2025-06-02 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=420e6f20-7358-4b39-a96b-e21b4d6ad2e6.pdf) |
| 2024-11-13 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e292ffb2-9fa6-45fc-95a8-e62c1445f74e.pdf) |
| 2024-08-07 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89d935ea-b0bf-4b20-be9a-bfe974a3e032.pdf) |
| 2024-05-31 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68f1b4d1-da23-4ffb-8e70-a248ff27d701.pdf) |
| 2024-02-12 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3f1a3aa0-7109-426d-8f1f-fa5209effc0a.pdf) |
| 2023-11-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6521349-1d68-4c59-bff0-7ca0aa1e0295.pdf) |
| 2023-08-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b48a5d1-9797-4e0a-9b83-50ad6eb5766d.pdf) |
| 2023-05-26 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e68a53eb-ee5b-4da1-a737-b0a008b74440.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f713eb0-e46c-421e-8cf9-f3a57d577612.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6582f724-b884-472c-977c-36e0c128a7e1.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/34d31f75-6e30-4a17-918f-3880dec6466c.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d1e5be0-7bf5-43fd-83c5-d9b87d0e729f.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4d1e5be0-7bf5-43fd-83c5-d9b87d0e729f.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=805a306d-45e6-4398-97d2-e1dd7ddc936d.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/805a306d-45e6-4398-97d2-e1dd7ddc936d.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a1e21a2c-f42e-4383-bc26-8461e9ed7800.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1e21a2c-f42e-4383-bc26-8461e9ed7800.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e2c53f14-d702-4dfe-bcca-baaf1c32d852.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/288e889b-b882-4ec1-9ec1-c76bb1ebc2a8.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/278bfc6f-c7a7-448f-ba73-d32efb9d1ea3.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/91f65563-d0b4-4dbc-bf69-41c4df582712.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532815/76870532815.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532815/72321532815.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532815/67003532815.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532815/5328150319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532815/5328150318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532815/5328150317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532815/5328150316.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 2026-09-13T18:36:22.389Z.