---
title: "Tribhovandas Bhimji Zaveri Ltd (TBZ) — Share Price, Financials & Analysis"
symbol: "TBZ"
company: "Tribhovandas Bhimji Zaveri Ltd"
canonical: "https://tapetide.com/stocks/TBZ"
isin: "INE760L01018"
nse_symbol: "TBZ"
bse_code: "534369"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
market_cap_cr: 3211.74
generated_at: "2026-09-13T18:27:48.814Z"
---

# Tribhovandas Bhimji Zaveri Ltd (TBZ)

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

## Company

- **NSE Symbol:** TBZ
- **BSE Code:** 534369
- **ISIN:** INE760L01018
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2012-05-09
- **CEO:** Mr. Shrikant Gopaldas Zaveri
- **Employees:** 1071
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** tbztheoriginal.com

## About

Incorporated in 2007, Tribhovandas Bhimji Zaveri Ltd is in the business of retail sales of ornaments made of gold, diamond, silver, platinum and precious stones[1]

## Latest Price

- **Price:** ₹526.3
- **Change:** +25.05 (+5%)
- **Open:** ₹485.2
- **Day High:** ₹526.3
- **Day Low:** ₹476.2
- **Previous Close:** ₹501.25
- **Volume:** 2734893
- **As Of:** 2026-09-11T10:28:03+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:30.386265Z.

- **Market Cap:** ₹3211.74 Cr
- **Classification:** Microcap
- **P/E (reported):** 15.5
- **P/E (TTM):** 16.44
- **EPS (TTM):** ₹32.02
- **EPS (reported):** ₹9.01
- **Book Value:** ₹125.6
- **Price to Book:** 3.96
- **Dividend Yield:** 0.5%
- **ROE:** 24.14%
- **ROCE:** 35.59%
- **Debt to Equity:** 1.06
- **Revenue (yearly):** ₹3210.3 Cr
- **Net Income:** ₹202.3 Cr
- **EBITDA:** ₹368.2 Cr
- **52-Week High:** ₹583.05
- **52-Week Low:** ₹110.5
- **RSI (14):** 74.5

## Tapetide Score

- **Score:** 50 / 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: Rising
- **Percentile:** 47.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 42.91 | 9% |
| growth | 79.4 | 9% |
| momentum | 98.9 | 12% |
| ownership | 66.3 | 24% |
| quality | 49.84 | 22% |
| valuation | 65.93 | 24% |

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

## Key Insights

### Strengths

- Company is expected to give good quarter
- Company has delivered good profit growth of 36.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 17.2%

### Weaknesses

- Stock is trading at 4.19 times its book value

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 210.58% | -25.2% | 144.85% |
| ebitda margin growth | -35.23% | 69.93% | 82.06% | 152.64% |
| net income growth | -49.85% | 195.76% | 71% | 36% |
| revenue growth | 1.35% | 22.31% | 10% | 19% |
| roce | -38.33% | 75.32% | 99.5% | 19.85% |
| roe | -49.85% | 131.89% | 14.53% | 530.29% |

## 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 | 481 | 741 | 507 | 596 | 567 | 928 | 529 | 624 | 688 | 1061 | 830 | 841 |
| Expenses | 451 | 695 | 475 | 555 | 532 | 868 | 493 | 571 | 624 | 930 | 717 | 769 |
| Operating Profit | 30 | 46 | 31 | 41 | 35 | 60 | 36 | 53 | 64 | 131 | 112 | 72 |
| OPM % | 6 | 6 | 6 | 7 | 6 | 6 | 7 | 9 | 9 | 12 | 14 | 9 |
| Other Income | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Interest | 13 | 12 | 13 | 13 | 13 | 13 | 17 | 18 | 16 | 19 | 16 | 19 |
| Depreciation | 6 | 6 | 5 | 6 | 6 | 6 | 7 | 7 | 8 | 6 | 8 | 9 |
| Profit before tax | 12 | 29 | 15 | 23 | 17 | 42 | 14 | 30 | 42 | 108 | 90 | 47 |
| Tax % | 26 | 26 | 17 | 27 | 30 | 28 | 30 | 24 | 25 | 26 | 25 | 27 |
| Net Profit | 9 | 21 | 13 | 17 | 12 | 30 | 9 | 22 | 32 | 81 | 68 | 34 |
| EPS in Rs | 1.35 | 3.21 | 1.89 | 2.56 | 1.79 | 4.48 | 1.42 | 3.37 | 4.72 | 12.08 | 10.14 | 5.08 |

### 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 | 1751 | 1764 | 1810 | 1342 | 1844 | 2394 | 2299 | 2620 | 3203 | 3420 |
| Expenses | 1672 | 1681 | 1690 | 1216 | 1762 | 2269 | 2153 | 2439 | 2834 | 3040 |
| Operating Profit | 79 | 83 | 120 | 126 | 82 | 124 | 146 | 181 | 369 | 380 |
| OPM % | 4.5 | 4.7 | 7 | 9 | 4.4 | 5 | 6 | 7 | 12 | 11 |
| Other Income | 6 | 4 | 2 | 12 | 8 | 5 | 6 | 4 | 7 | 7 |
| Interest | 44 | 53 | 62 | 52 | 41 | 53 | 57 | 64 | 77 | 70 |
| Depreciation | 9 | 10 | 32 | 27 | 23 | 24 | 24 | 25 | 29 | 30 |
| Profit before tax | 32 | 23 | 28 | 60 | 26 | 52 | 72 | 96 | 270 | 287 |
| Tax % | 34 | 33 | 24 | 28 | 22 | 23 | 24 | 29 | 25 | — |
| Net Profit | 21 | 16 | 21 | 43 | 20 | 40 | 54 | 68 | 202 | 214 |
| EPS in Rs | 3.19 | 2.33 | 3.21 | 6.48 | 3.02 | 6.02 | 8.16 | 10.25 | 30.32 | 32.02 |
| Dividend Payout % | 24 | 32 | 31 | 39 | 33 | 29 | 21 | 22 | 8 | — |

### 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 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 | 67 |
| Reserves | 389 | 410 | 417 | 414 | 456 | 461 | 494 | 535 | 590 | 771 |
| Borrowings | 549 | 569 | 606 | 637 | 438 | 588 | 575 | 614 | 792 | 886 |
| Other Liabilities | 187 | 174 | 334 | 350 | 254 | 341 | 339 | 243 | 320 | 378 |
| Total Liabilities | 1192 | 1219 | 1423 | 1468 | 1215 | 1457 | 1475 | 1459 | 1769 | 2102 |
| Fixed Assets | 103 | 103 | 111 | 174 | 140 | 152 | 159 | 151 | 164 | 183 |
| CWIP | 2 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1088 | 1116 | 1312 | 1294 | 1075 | 1305 | 1316 | 1308 | 1604 | 1919 |
| Total Assets | 1192 | 1219 | 1423 | 1468 | 1215 | 1457 | 1475 | 1459 | 1769 | 2102 |

### 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 | 153 | 42 | 32 | 149 | 231 | -66 | 93 | 40 | -27 | 30 |
| Cash from Investing Activity | 0 | -9 | -21 | -6 | 5 | -2 | -7 | -7 | -45 | -10 |
| Cash from Financing Activity | -155 | -27 | -16 | -147 | -233 | 71 | -87 | -29 | 85 | -17 |
| Net Cash Flow | -2 | 6 | -4 | -4 | 3 | 2 | 0 | 4 | 13 | 2 |
| Free Cash Flow | 146 | 32 | 17 | 146 | 230 | -67 | 86 | 31 | -39 | 16 |
| CFO/OP | 208 | 61 | 51 | 133 | 196 | -70 | 82 | 40 | -1 | 26 |

### 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 | 5 | 5 | 1 | 1 | 0 | 0 | 3 | 0 | 0 |
| Inventory Days | 261 | 265 | 307 | 293 | 326 | 276 | 214 | 223 | 241 | 249 |
| Days Payable | 20 | 24 | 51 | 48 | 46 | 46 | 36 | 20 | 27 | 24 |
| Cash Conversion Cycle | 241 | 246 | 261 | 246 | 280 | 230 | 178 | 205 | 215 | 226 |
| Working Capital Days | 66 | 67 | 66 | 64 | 105 | 75 | 63 | 73 | 65 | 74 |
| ROCE % | 6 | 7 | 7 | 8 | 11 | 6 | 9 | 11 | 12 | 22 |

## 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 | 74.12% | 74.12% | 74.12% | 74.12% | 74.12% | 74.12% | 74.12% | 74.12% | 74.12% | 74.12% | 74.12% | 74.12% |
| FIIs | 0% | 1.82% | 1.02% | 0.76% | 0.91% | 0.61% | 0.63% | 0.55% | 0% | 0% | 0.26% | 1.47% |
| DIIs | 0% | 0% | 0% | 0% | 0.12% | 0.07% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 16.53% | 15.62% | 15.69% | 16.02% | 16.86% | 17.78% | 17.78% | 17.86% | 17.98% | 18.1% | 21.36% | 20.58% |
| Others | 9.35% | 8.44% | 9.17% | 9.1% | 7.99% | 7.43% | 7.46% | 7.47% | 7.9% | 7.78% | 4.26% | 3.83% |
| No. of Shareholders | 29290 | 30876 | 31111 | 31369 | 49524 | 55154 | 53666 | 53830 | 53332 | 51973 | 54101 | 50689 |

## 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 / 4 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 464.81 | Buy |
| EMA (10) | 468.1 | Buy |
| SMA (20) | 369.97 | Buy |
| EMA (20) | 405.8 | Buy |
| SMA (50) | 301.79 | Buy |
| EMA (50) | 321.86 | Buy |
| SMA (100) | 231.8 | Buy |
| EMA (100) | 263.84 | Buy |
| SMA (200) | 193 | Buy |
| EMA (200) | 222.64 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 76.63 | Sell |
| MACD (12,26,9) | 71.35 | Buy |
| Stochastic (14,3,3) | 79.7 | Neutral |
| ADX (14) | 51.33 | Buy |
| Williams %R (14) | -18.12 | Sell |
| ATR (14) | 32.19 | High Volatility |
| ROC (12) | 72.11 | Buy |
| Stoch RSI (14) | 55.67 | Neutral |
| UO (7,14,28) | 65.48 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Mar - Appointment of Ms. Sailaja M as Head–Human Resources, Senior Management, effective 6 March 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 6 Mar - Appointment of Ms. Sailaja M as Head–Human Resources, Senior Management, effective 6 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/72c97a68-7cba-42e8-bae3-82ed8699a5c3.pdf) |
| 4 Mar - Shikha Khurana resigned as Head – Human Resources, effective 4 March 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 4 Mar - Shikha Khurana resigned as Head – Human Resources, effective 4 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f58a874e-701a-430d-bdb8-4b0ab58cdb46.pdf) |
| 27 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2025-26 results. | [Closure of Trading Window 27 Mar - Trading window closed from 1 April 2026 until 48 hours after audited FY2025-26 results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1488099c-ab8f-4887-b96a-93faabf2d387.pdf) |
| 25 Feb - ICRA re-affirmed and assigned [ICRA] A- (Stable) for long-term fund-based facilities on 24 Feb 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 25 Feb - ICRA re-affirmed and assigned [ICRA] A- (Stable) for long-term fund-based facilities on 24 Feb 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05861f43-d230-4383-b8ec-fe81dc38b82d.pdf) |
| 21 Jan - Newspaper publication of Unaudited (Standalone and Consolidated) Financial Results for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 21 Jan - Newspaper publication of Unaudited (Standalone and Consolidated) Financial Results for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b76dde64-71dd-48b4-b52f-3679d3cd4192.pdf) |
| 21 Jan - Investor Presentation (Quarter and Nine Months Ended FY 26) | [Announcement under Regulation 30 (LODR)-Investor Presentation 21 Jan - Investor Presentation (Quarter and Nine Months Ended FY 26)](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2ffd92d7-08a1-45e4-8092-7a330c8dd5c4.pdf) |
| 21 Apr - FY26 secretarial compliance report filed; prior Reg 11(1A) notice waiver request pending at BSE. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 21 Apr - FY26 secretarial compliance report filed; prior Reg 11(1A) notice waiver request pending at BSE.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/63e9788e-8de1-4f23-b6f1-bdb8949d4a80.pdf) |
| 2 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 2 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80847ef6-c25c-4771-9550-b5cb2af2313c.pdf) |
| 12h - FY26 secretarial compliance report filed; prior Reg 11(1A) notice waiver request pending at BSE. | [Compliances-Reg.24(A)-Annual Secretarial Compliance 12h - FY26 secretarial compliance report filed; prior Reg 11(1A) notice waiver request pending at BSE.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/63e9788e-8de1-4f23-b6f1-bdb8949d4a80.pdf) |
| 11 Sep - ICRA placed TBZ ratings on watch positive after 74.12% stake sale SPA to GRT Jewellers for about Rs1,034 crore. | [Announcement under Regulation 30 (LODR)-Credit Rating 11 Sep - ICRA placed TBZ ratings on watch positive after 74.12% stake sale SPA to GRT Jewellers for about Rs1,034 crore.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e773d35e-1bc5-4853-8b34-d812a4e3d9b1.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-10 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=807da22a-907a-49ae-8051-d7a44a5041df.pdf) |
| 2026-09-09 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cd49d57b-7eae-404e-970e-30a048827dd5.pdf) |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Meeting Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=29c7a146-df7d-403c-9551-ee8f588b2af0.pdf) |
| 2026-09-07 | [Detailed Public Statement](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=A4054C5B-82EB-4538-A8CD-B8C4925F7490-183309.pdf) |
| 2026-09-07 | [Announcement Under Regulation 30 (LODR) - Detailed Public Statement - Open Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9aea8c40-a7f7-4bb7-9c51-96e2b1f7869c.pdf) |
| 2026-08-31 | [Disclosure under Regulation 30A of LODR](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04e0c227-1469-4ba6-8c07-30df76ac8826.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e2da56a7-060b-476e-9211-6dc21fb4d689.pdf) |
| 2026-08-31 | [Open Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=C4C04C89-1F6C-4DE8-97FE-CFE8CC341A6E-205340.pdf) |
| 2026-08-31 | [Announcement under Regulation 30 (LODR)-Public Announcement-Open Offer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=495eb8e7-9788-482a-9acb-c4e61e2e9389.pdf) |
| 2026-08-18 | [Communication To Shareholders](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=577acd91-25b7-4028-be5d-a25e2ae06fd5.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Unaudited Standalone & Consolidated Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=574ff6f9-1be3-4203-9409-9f1a37198ec3.pdf) |
| 2026-05-27 | [Audited Financial Results Of The Company For The Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=372a8e31-1b1f-459b-bb04-9eb8b7b3e21c.pdf) |
| 2025-11-14 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bb1956b3-caec-4422-b017-2868b590e673.pdf) |
| 2025-08-06 | [Unaudited Standalone & Consolidated Financial Results For June 25 Quarter.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=509abd66-a833-4a37-b1f8-d0b1303c4e82.pdf) |
| 2025-05-22 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6dfa47cf-0ab9-4edd-b377-41d6c7f5aa4e.pdf) |
| 2025-02-11 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf5a2ade-a624-44ea-a41e-b059fd4e4006.pdf) |
| 2024-11-12 | [Outcome Of Board Meeting Quarterly Results For September, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d9b8206-d275-41a9-a9ab-04379f9d4be6.pdf) |
| 2024-08-05 | [Unaudited Standalone & Consolidated Financial Results For June 24 Quarter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db4de118-fb6a-4b59-a246-3714aea373f6.pdf) |
| 2024-05-27 | [Audited Standalone And Consolidated Financial Results For The Quarter And Financial Year Ended 31St March, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ec533f4-c532-4583-aa4f-4228ac3fc534.pdf) |
| 2024-02-07 | [Furnishing Un-Audited Standalone & Consolidated Financial Results For The Quarter And Nine Months Ended 31St December, 2023 Along With Limited Review Report And The Press Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af62b382-866d-4a49-92d8-f1cd86ab2c2c.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e186daf7-9168-4faf-873b-d87ffb129955.pdf) |
| 2026-01-21 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ffd92d7-08a1-45e4-8092-7a330c8dd5c4.pdf) |
| 2025-11-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3811c28-18ed-46ea-9677-79c38f494801.pdf) |
| 2025-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9c4b726-a643-492a-af7c-c55d0c1e8b84.pdf) |
| 2025-05-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54714b18-82e5-4054-a690-43186ab8ca53.pdf) |
| 2025-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=72f6bc24-f152-4d32-adca-bcb962cc38f9.pdf) |
| 2024-11-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=018bddd4-8cb8-4c7d-b1f0-24b7b9fc159a.pdf) |
| 2024-08-09 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4f11532-b723-474d-985f-38f7772f3e0f.pdf) |
| 2024-08-06 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69ba8d8b-29b4-49dd-a7b6-e40efec02c1f.pdf) |
| 2024-05-29 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cef457fc-d7c6-4106-99c5-491c3e7595ea.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3811c28-18ed-46ea-9677-79c38f494801.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/018bddd4-8cb8-4c7d-b1f0-24b7b9fc159a.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a001d4da-5d68-4573-b7fc-703694999e47.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/253df326-14de-4a76-9231-12bc1a9ac3fa.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/290516c5-5445-4f6a-8150-b0c8cb35429b.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04f9f957-eac3-4a18-9129-a8ee0db46a4a.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/04f9f957-eac3-4a18-9129-a8ee0db46a4a.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ef131ed2-a58a-4508-93fa-ad7c6c16d3ab.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef131ed2-a58a-4508-93fa-ad7c6c16d3ab.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=43d52535-35c3-45f9-8968-235f78f3e096.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f9abde24-24cf-4915-a89d-044912f7c134.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7ffd8ffe-7516-4fee-af5e-ec24b7d48d93.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f28d09f1-4f16-4edc-9350-547c154b8391.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/534369/74087534369.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/534369/69748534369.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/534369/66727534369.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/534369/5343690319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/534369/5343690318.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2024-02-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc3455ad-7464-4b28-97ed-bdf333058877.pdf) |
| 2024-02-16 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=63213f02-edb8-4622-b36d-8ce0d96951ec.pdf) |
| 2023-11-15 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a001d4da-5d68-4573-b7fc-703694999e47.pdf) |
| 2023-08-09 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dcaa8a5a-df6e-41ac-8ab7-cd00fc12c381.pdf) |
| 2023-05-31 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a92345d-eec4-4f99-937d-8f9ff26cf1af.pdf) |
| 2023-02-14 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94f6753c-2466-479d-b2e6-b3dd41b9bc88.pdf) |
| 2022-11-22 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=253df326-14de-4a76-9231-12bc1a9ac3fa.pdf) |
| 2022-08-09 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1d41cf3-2827-459b-beb4-2080bd402c16.pdf) |
| 2022-05-10 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c56790eb-7ad1-439c-aeda-859b313e7138.pdf) |
| 2022-02-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=608bc869-2e3e-4b75-8235-a675880aa450.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2023-08-03 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92991a91-b036-4117-ad31-bec4f3798c92.pdf) |
| 2023-02-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4e239ccd-579a-4300-94c4-b02c5512f12c.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 2026-09-13T18:27:48.814Z.
