---
title: "Themis Medicare Ltd (THEMISMED) — Share Price, Financials & Analysis"
symbol: "THEMISMED"
company: "Themis Medicare Ltd"
canonical: "https://tapetide.com/stocks/THEMISMED"
isin: "INE083B01024"
nse_symbol: "THEMISMED"
bse_code: "530199"
sector: "Healthcare"
industry: "Pharmaceuticals & Biotechnology"
market_cap_cr: 1172.99
generated_at: "2026-09-13T18:46:51.234Z"
---

# Themis Medicare Ltd (THEMISMED)

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

## Company

- **NSE Symbol:** THEMISMED
- **BSE Code:** 530199
- **ISIN:** INE083B01024
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals & Biotechnology
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Listed Since:** 2007-04-02
- **CEO:** Dr. Dinesh Shantilal Patel CChem., FRSC(Lond.), Ph.D.
- **Employees:** 1702
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** themismedicare.com

## About

Incorporated in 1969, Themis Medicare manufactures Formulation and API pharmaceutical products[1]

## Latest Price

- **Price:** ₹128.25
- **Change:** -3.82 (-2.89%)
- **Open:** ₹132.02
- **Day High:** ₹132.02
- **Day Low:** ₹126.16
- **Previous Close:** ₹132.07
- **Volume:** 110605
- **As Of:** 2026-09-11T10:21:18+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:03.535895Z.

- **Market Cap:** ₹1172.99 Cr
- **Classification:** Microcap
- **P/E (reported):** 30.4
- **P/E (TTM):** 29.48
- **EPS (TTM):** ₹4.35
- **EPS (reported):** ₹5.43
- **Book Value:** ₹39.7
- **Price to Book:** 3.33
- **Dividend Yield:** 0.38%
- **ROE:** 7.41%
- **ROCE:** 11.51%
- **Debt to Equity:** 0.25
- **Revenue (yearly):** ₹342.24 Cr
- **Net Income:** ₹1.93 Cr
- **EBITDA:** ₹-0.47 Cr
- **52-Week High:** ₹148
- **52-Week Low:** ₹64.95
- **RSI (14):** 65.69

## Tapetide Score

- **Score:** 45 / 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:** 28.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 47.59 | 9% |
| growth | 2.76 | 9% |
| momentum | 73.96 | 12% |
| ownership | 42.22 | 24% |
| quality | 38.41 | 22% |
| valuation | 63.07 | 24% |

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

## Key Insights

### Strengths

- Company has been maintaining a healthy dividend payout of 143%

### Weaknesses

- Stock is trading at 2.96 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 8.21% over past five years.
- Company has a low return on equity of 6.41% over last 3 years.
- Promoters have pledged 43.4% of their holding.
- Company has high debtors of 190 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 57.13% | 115.72% | -39.08% |
| ebitda margin growth | 206.25% | -100.99% | -100.89% | -100.51% |
| net income growth | 176.4% | -93.52% | -69% | -46% |
| revenue growth | 110.68% | -16.57% | -1% | 8% |
| roce | 253.57% | -24.52% | -47.44% | 20.72% |
| roe | 176.83% | -35.68% | 11.9% | -54.65% |

## 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 | 105 | 83 | 98 | 123 | 117 | 94 | 72 | 98 | 78 | 90 | 77 | 87 |
| Expenses | 92 | 74 | 89 | 94 | 100 | 88 | 79 | 108 | 81 | 80 | 73 | 139 |
| Operating Profit | 12 | 8 | 9 | 29 | 17 | 6 | -8 | -10 | -3 | 10 | 4 | -52 |
| OPM % | 12 | 10 | 10 | 24 | 15 | 6 | -11 | -10 | -4 | 11 | 4.9 | -60 |
| Other Income | 7 | 6 | 5 | 7 | 6 | 1 | 2 | 1 | 5 | 6 | 11 | 97 |
| Interest | 2 | 3 | 2 | 2 | 2 | 3 | 2 | 2 | 3 | 3 | 3 | 3 |
| Depreciation | 3 | 3 | 3 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 14 | 8 | 9 | 31 | 18 | 2 | -11 | -14 | -3 | 10 | 9 | 39 |
| Tax % | 19 | 10 | 24 | 21 | 20 | 69 | -13 | 1 | 5 | 3 | 2 | 36 |
| Net Profit | 11 | 7 | 7 | 25 | 14 | 1 | -10 | -14 | -4 | 10 | 9 | 25 |
| EPS in Rs | 1.23 | 0.8 | 0.72 | 2.68 | 1.55 | 0.06 | -1.05 | -1.54 | -0.39 | 1.1 | 0.97 | 2.67 |

### 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 | 210 | 184 | 202 | 231 | 395 | 354 | 382 | 406 | 342 | 332 |
| Expenses | 184 | 181 | 166 | 181 | 299 | 287 | 330 | 356 | 342 | 374 |
| Operating Profit | 25 | 2 | 36 | 49 | 96 | 67 | 52 | 49 | 0 | -42 |
| OPM % | 12 | 1.2 | 18 | 21 | 24 | 19 | 13 | 12 | 0.1 | -13 |
| Other Income | 6 | 5 | 12 | 13 | 18 | 25 | 24 | 11 | 23 | 118 |
| Interest | 12 | 12 | 13 | 13 | 9 | 10 | 9 | 10 | 11 | 11 |
| Depreciation | 7 | 8 | 8 | 9 | 9 | 10 | 12 | 10 | 10 | 10 |
| Profit before tax | 11 | -13 | 27 | 41 | 95 | 73 | 53 | 40 | 2 | 55 |
| Tax % | 1 | -15 | 8 | 14 | 23 | 22 | 19 | 25 | 40 | — |
| Net Profit | 11 | -11 | 25 | 36 | 73 | 57 | 44 | 30 | 1 | 40 |
| EPS in Rs | 1.23 | -1.17 | 2.7 | 3.88 | 7.92 | 6.18 | 4.73 | 3.24 | 0.12 | 4.35 |
| Dividend Payout % | 0 | 0 | 6 | 11 | 6 | 8 | 11 | 15 | 404 | — |

### 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 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 143 | 160 | 149 | 174 | 209 | 278 | 330 | 368 | 393 | 389 |
| Borrowings | 82 | 80 | 82 | 100 | 87 | 80 | 92 | 96 | 83 | 100 |
| Other Liabilities | 54 | 56 | 74 | 67 | 65 | 61 | 82 | 93 | 102 | 99 |
| Total Liabilities | 289 | 305 | 314 | 350 | 371 | 428 | 514 | 566 | 588 | 598 |
| Fixed Assets | 124 | 126 | 123 | 116 | 133 | 144 | 162 | 168 | 172 | 167 |
| CWIP | 9 | 2 | 2 | 8 | 2 | 3 | 3 | 3 | 3 | 2 |
| Investments | 23 | 24 | 27 | 35 | 45 | 56 | 70 | 89 | 95 | 109 |
| Other Assets | 133 | 153 | 162 | 191 | 191 | 225 | 279 | 307 | 318 | 320 |
| Total Assets | 289 | 305 | 314 | 350 | 371 | 428 | 514 | 566 | 588 | 598 |

### 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 | -2 | 8 | 11 | 0 | 57 | 34 | 16 | 22 | 35 | -3 |
| Cash from Investing Activity | -4 | 0 | -4 | -5 | -16 | -16 | -24 | -16 | -12 | -3 |
| Cash from Financing Activity | 5 | -9 | -10 | 7 | -26 | -18 | 0 | -9 | -26 | 4 |
| Net Cash Flow | 0 | -1 | -3 | 2 | 16 | 1 | -8 | -3 | -3 | -2 |
| Free Cash Flow | -7 | 5 | 5 | -5 | 39 | 15 | -13 | 4 | 21 | -8 |
| CFO/OP | -5 | 29 | 490 | 2 | 115 | 55 | 48 | 60 | 93 | 782 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 81 | 120 | 145 | 186 | 123 | 93 | 149 | 170 | 159 | 190 |
| Inventory Days | 250 | 253 | 287 | 315 | 272 | 150 | 213 | 188 | 233 | 229 |
| Days Payable | 163 | 156 | 187 | 171 | 143 | 79 | 123 | 126 | 142 | 143 |
| Cash Conversion Cycle | 168 | 216 | 244 | 330 | 251 | 164 | 239 | 232 | 250 | 275 |
| Working Capital Days | -16 | 19 | -1 | 37 | 51 | 72 | 110 | 114 | 121 | 138 |
| ROCE % | 13 | 10 | -1 | 15 | 18 | 30 | 20 | 14 | 10 | 3 |

## 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 | 67.16% | 67.16% | 67.15% | 67.15% | 67.15% | 67.15% | 67.15% | 67.15% | 67.15% | 67.11% | 67.11% | 67.11% |
| FIIs | 0.05% | 0% | 0.03% | 0.05% | 0.1% | 0.1% | 0.14% | 0.1% | 0.06% | 0.05% | 0.11% | 0.01% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 22.33% | 22.67% | 23.31% | 23.42% | 23.65% | 24.24% | 23.93% | 24.14% | 23.97% | 24.02% | 23.73% | 23.57% |
| Others | 10.45% | 10.16% | 9.49% | 9.37% | 9.09% | 8.5% | 8.77% | 8.6% | 8.8% | 8.81% | 9.05% | 9.3% |
| No. of Shareholders | 6970 | 11244 | 11295 | 11322 | 14270 | 17773 | 17889 | 19335 | 22490 | 22576 | 21818 | 21267 |

## 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 / 6 / 0

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 127.6 | Buy |
| EMA (10) | 127.55 | Buy |
| SMA (20) | 120.9 | Buy |
| EMA (20) | 123.13 | Buy |
| SMA (50) | 115.1 | Buy |
| EMA (50) | 116.34 | Buy |
| SMA (100) | 109.39 | Buy |
| EMA (100) | 110.45 | Buy |
| SMA (200) | 99.61 | Buy |
| EMA (200) | 109.2 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 59.57 | Neutral |
| MACD (12,26,9) | 5.32 | Buy |
| Stochastic (14,3,3) | 67.53 | Neutral |
| ADX (14) | 33.19 | Buy |
| Williams %R (14) | -52.67 | Neutral |
| ATR (14) | 6.84 | High Volatility |
| ROC (12) | 1.58 | Buy |
| Stoch RSI (14) | 30.62 | Neutral |
| UO (7,14,28) | 44.58 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0c3c6a0-a0fd-4337-853b-ea855a363d94.pdf) |
| 2026-09-08 | [Notice Of 56Th Annual General Meeting Scheduled On 30.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96eeb553-5be5-40a3-8cca-405e07550e0a.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe1e00b1-91c1-4ce6-8859-f11e6063fcab.pdf) |
| 2026-09-08 | [Business Responsibility and Sustainability Reporting (BRSR)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=85a04f34-93f4-4c18-816e-53f8f82d7892.pdf) |
| 2026-08-17 | [Announcements Under Regulation 30 (LODR)- Change Of Company Secretary / Compliance Officers E-Mail ID And Updation Of E-Mail Id Of RTA](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba22301d-e9b4-4b96-a45b-3c2b111d27e5.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfcb2fcc-f71a-4cd7-a371-124ed5f5ba16.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 13Th August 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c35a13b-5788-42c6-bb65-424653fd8746.pdf) |
| 2026-08-13 | [Appointment of Company Secretary and Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fcb197b-6d38-499f-92ea-d4b40397e16a.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f68e7fd-537f-426f-9c41-3e5838efb492.pdf) |
| 2026-08-13 | [Announcement Under Regulation 30(5) Of SEBI (LODR)- Updates](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9630d39f-7906-4faa-8985-1398bdb45587.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results- Unaudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76ce4a11-8d68-4aec-a09f-450c7f7d8c9f.pdf) |
| 2026-05-28 | [Results_Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ddf31c81-4504-4d36-a0fb-52788a202cf2.pdf) |
| 2026-02-13 | [Results - Financial Results For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8923b00-6461-44db-a6f5-d0e9e5cbe78c.pdf) |
| 2025-11-13 | [Financial Results For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a809b138-89e4-47f6-af74-7f6c9dfc7e0f.pdf) |
| 2025-08-01 | [Unaudited Financial Results For The Quarter Ended 30Th June 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f91656fc-941e-443a-86f0-1783c185e23c.pdf) |
| 2025-05-20 | [Audited Financial Results As On 31St March 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a052c46d-6d0c-4929-8887-1213651467ae.pdf) |
| 2025-02-14 | [Results- Financial Result For The Quarter And Nine Months Ended 31.12.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d0816396-8e96-423d-b687-70881b3cb181.pdf) |
| 2024-10-25 | [Results - Financial Results For The Quarter And Half Year Ended 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97c74a7e-8ac4-45bc-9e33-320e4728e501.pdf) |
| 2024-07-26 | [Results- Financial Result For 30Th June, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0a22916b-b587-45c8-b2f6-d336940ffa15.pdf) |
| 2024-05-14 | [Results For The FY 2023-24](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6b3d9df-3ad8-4403-b51a-2dc03a6385cf.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=465581e8-d3aa-4da6-8b0f-fe03520e5dcd.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b53d0312-5fa3-452e-9d6d-1002378f4eb4.pdf) |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9033e53c-7a84-4ccc-a2a8-b95a787f01fe.pdf) |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bfafc8d0-d205-47f1-80d2-c3115f7c91d7.pdf) |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a7910e5-76b1-4826-9775-60cc18c4884a.pdf) |
| 2025-08-01 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=46567f69-d8bf-4977-99f3-b7eec5435322.pdf) |
| 2025-05-20 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0302e3fd-0a07-4529-8328-d9efc2ff7761.pdf) |
| 2025-02-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4be0a109-2efe-4852-8da4-667457f5cd36.pdf) |
| 2024-10-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=faeee0bd-1405-4106-893d-f42445c66fa3.pdf) |
| 2024-07-26 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4c5da1b4-5d16-417a-8ec1-791f0ca9d38a.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/153c75fa-9b62-40f8-8fb4-d4638b956777.pdf) |
| 8 Apr - Newspaper Publication of Notice to Shareholders for Special Window for re-lodgement of transfer request and dematerialization of physical shares. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Apr - Newspaper Publication of Notice to Shareholders for Special Window for re-lodgement of transfer request and dematerialization of physical shares.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f23cb067-567c-4d62-8f38-3ae37ecf3627.pdf) |
| 28 Mar - Promoter amalgamation; VMIPL vested 99,01,040 shares, stake rose to 26.52% effective March 24, 2026. | [Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 28 Mar - Promoter amalgamation; VMIPL vested 99,01,040 shares, stake rose to 26.52% effective March 24, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84F0DC10_A838_49D2_A695_3CF4E47D2722_154533.pdf) |
| 28 Mar - Postal ballot (27-Mar-2026): four resolutions passed, material related-party transactions and preferential warrants; GTBL transfer up to Rs.130 crore. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 28 Mar - Postal ballot (27-Mar-2026): four resolutions passed, material related-party transactions and preferential warrants; GTBL transfer up to Rs.130 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f2c768bc-98b3-4df8-badb-a32bc7136e8e.pdf) |
| 28 Mar - Postal ballot (27 Mar 2026): four resolutions passed, including Rs130 crore inter‑se transfer and preferential convertible warrants. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 28 Mar - Postal ballot (27 Mar 2026): four resolutions passed, including Rs130 crore inter‑se transfer and preferential convertible warrants.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3b88c32b-1bd2-445d-9943-eaf434a0e27b.pdf) |
| 26 Mar - Income Tax notice demanding ~Rs13.32 crore for AYs 2017-18, 2018-19 and 2020-21; company to appeal. | [Announcement Under Regulation 30 (LODR) - Updates 26 Mar - Income Tax notice demanding ~Rs13.32 crore for AYs 2017-18, 2018-19 and 2020-21; company to appeal.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fcd042c8-bdf6-4c0e-b3e9-956341e7aa57.pdf) |
| 26 Feb - Newspaper Advertisement pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Feb - Newspaper Advertisement pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/39933a6c-fa62-4e6e-acc2-e15fdfd5fafe.pdf) |
| 11 Mar - Newspaper Publication of Corrigendum to the Notice of Postal Ballot dated 25.02.2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Mar - Newspaper Publication of Corrigendum to the Notice of Postal Ballot dated 25.02.2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/46ad7f7d-1791-4f9e-81c4-eeb8fbc18a47.pdf) |
| 10 Mar - Corrigendum: Preferential issue of up to 45,95,795 warrants to VMIPL at Rs102.87 each, aggregating Rs47.27 crore. | [Corrigendum To The Notice Of Postal Ballot Dated 25Th February, 2026. 10 Mar - Corrigendum: Preferential issue of up to 45,95,795 warrants to VMIPL at Rs102.87 each, aggregating Rs47.27 crore.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0a49f927-fb0f-466e-bcb0-d9fbf890f0f4.pdf) |
| 10 Mar - 10 Mar 2026: Preferential issue up to 45,95,795 warrants (4.99%) to Vividhmargi at Rs.102.87 each. | [Disclosure Of The Preferential Issue Committee Meeting Under Regulation 30 10 Mar - 10 Mar 2026: Preferential issue up to 45,95,795 warrants (4.99%) to Vividhmargi at Rs.102.87 each.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cf492021-d3ea-4e4a-aaab-551f6f8020da.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/faeee0bd-1405-4106-893d-f42445c66fa3.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7a7910e5-76b1-4826-9775-60cc18c4884a.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8789f99d-7f27-4520-aaa5-1df440e8fd4c.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19b6f78a-b75c-4423-a9d8-f8d1b60f77dc.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9033e53c-7a84-4ccc-a2a8-b95a787f01fe.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/9033e53c-7a84-4ccc-a2a8-b95a787f01fe.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0302e3fd-0a07-4529-8328-d9efc2ff7761.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2987bd5f-2223-4fb3-a380-f11f33124a79.pdf) |
| May 2023 | [Concall - May 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c993dd0-6941-4409-8cd3-0993f382dde9.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4c5da1b4-5d16-417a-8ec1-791f0ca9d38a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_THEMISMED_2011_2012_26062012121415.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c9496b90-c355-46a7-aef2-f8e4490aa6ee.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4ac998ef-fe54-4dae-bb6f-eafe8b1476f0.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4b574ebc-7828-47ee-9ae5-acbda1655bbf.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/530199/74803530199_20_09_22.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/530199/69872530199_11_09_21.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/530199/66784530199.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/530199/5301990319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/530199/5301990318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/530199/5301990317.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2023-11-08 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8789f99d-7f27-4520-aaa5-1df440e8fd4c.pdf) |
| 2023-05-19 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7c993dd0-6941-4409-8cd3-0993f382dde9.pdf) |
| 2023-02-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=667c2e37-7478-4c9e-9ecf-1f36f2dd4095.pdf) |
| 2022-11-21 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19b6f78a-b75c-4423-a9d8-f8d1b60f77dc.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2023-05-15 | [Audio Recording Of The Earnings Conference Call For Q4 & FY23.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e30cd28e-a609-4316-b9c7-cf53a2ff0e0f.pdf) |
| 2023-02-10 | [Audio Recording Of The Earnings Conference Call For Q3 & 9M FY23.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0023d65-e9f8-4ca8-8346-75512472e36c.pdf) |
| 2022-11-16 | [Audio Recording Of The Maiden Earnings Conference Call For Q2 & H1 FY23 Held On 16.11.2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d349e2c2-c251-49a9-aef4-a634cc8a003a.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 2026-09-13T18:46:51.234Z.
