---
title: "Ujaas Energy Ltd (UEL) — Share Price, Financials & Analysis"
symbol: "UEL"
company: "Ujaas Energy Ltd"
canonical: "https://tapetide.com/stocks/UEL"
isin: "INE899L01030"
nse_symbol: "UEL"
bse_code: "533644"
sector: "Utilities"
industry: "Power"
market_cap_cr: 6889.33
generated_at: "2026-09-13T18:26:43.155Z"
---

# Ujaas Energy Ltd (UEL)

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

## Company

- **NSE Symbol:** UEL
- **BSE Code:** 533644
- **ISIN:** INE899L01030
- **Sector:** Utilities
- **Industry:** Power
- **Macro Sector:** Utilities
- **Stock Type:** EQUITY
- **Listed Since:** 2024-05-28
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** ujaas.com

## About

Incorporated in 1999, Ujaas Energy Ltd is engaged in generation of solar power and manufacturing, sales and services of solar power plants/projects and manufacturing and sales of Electric Vehicle

## Latest Price

- **Price:** ₹206.64
- **Change:** +9.84 (+5%)
- **Open:** ₹188.01
- **Day High:** ₹206.64
- **Day Low:** ₹186.96
- **Previous Close:** ₹196.8
- **Volume:** 41410
- **As Of:** 2026-09-11T09:59:23+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:10.033287Z.

- **Market Cap:** ₹6889.33 Cr
- **Classification:** Microcap
- **P/E (reported):** 684
- **P/E (TTM):** 738
- **EPS (TTM):** ₹0.28
- **Book Value:** ₹6.65
- **Price to Book:** 29.84
- **Dividend Yield:** 0%
- **ROE:** 7.89%
- **ROCE:** 10.83%
- **Debt to Equity:** 0.27
- **Revenue (yearly):** ₹337.4 Cr
- **Net Income:** ₹17 Cr
- **EBITDA:** ₹43.6 Cr
- **52-Week High:** ₹284.2
- **52-Week Low:** ₹92.32
- **RSI (14):** 48.25

## Tapetide Score

- **Score:** 43 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 22.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 85.63 | 9% |
| growth | 8.91 | 9% |
| momentum | 97.11 | 12% |
| ownership | 50 | 24% |
| quality | 35.54 | 22% |
| valuation | 22.03 | 24% |

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

## Key Insights

### Weaknesses

- Stock is trading at 31.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -13.9% over past five years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.10.0 Cr.
- Company has high debtors of 487 days.
- Working capital days have increased from 411 days to 630 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -107.28% | -132.88% | -292.89% |
| ebitda margin growth | 528.57% | -15.56% | -43.85% | — |
| net income growth | 725% | -53.42% | 29% | 16% |
| revenue growth | 47.83% | -31.23% | -18% | -14% |
| roce | 613.33% | -46.96% | -35.88% | — |
| roe | 673.81% | -57.03% | 12.28% | — |

## 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 | 6.86 | 5.84 | 6.84 | 6.29 | 4.7 | 8.17 | 7.77 | 2.65 | 4.86 | 3.49 | 5.64 | 3.03 |
| Expenses | 7.71 | 6.57 | 4.97 | 5.75 | 4.86 | 4.76 | 7.15 | 5.89 | 4.33 | 4.15 | 6.19 | 5.82 |
| Operating Profit | -0.85 | -0.73 | 1.87 | 0.54 | -0.16 | 3.41 | 0.62 | -3.24 | 0.53 | -0.66 | -0.55 | -2.79 |
| OPM % | -12.39 | -12.5 | 27.34 | 8.59 | -3.4 | 41.74 | 7.98 | -122.26 | 10.91 | -18.91 | -9.75 | -92.08 |
| Other Income | 0.31 | 19.66 | -3.77 | 4.43 | 1.6 | 3.71 | -2.32 | 6.56 | 0.55 | 1 | 1.27 | 7.19 |
| Interest | 4.62 | 1.3 | 0.02 | 0.02 | 0.11 | 0.1 | 0.07 | 0.05 | 0 | 0.02 | 0.08 | 0.02 |
| Depreciation | 1.8 | 1.8 | 2.14 | 0.12 | 0.13 | 0.13 | 0.12 | 0.1 | 0.14 | 0.12 | 0.12 | 0.12 |
| Profit before tax | -6.96 | 15.83 | -4.06 | 4.83 | 1.2 | 6.89 | -1.89 | 3.17 | 0.94 | 0.2 | 0.52 | 4.26 |
| Tax % | -6.75 | -187.18 | 2.22 | 21.12 | 34.17 | 42.96 | -115.87 | 21.45 | 89.36 | 20 | 17.31 | 23.71 |
| Net Profit | -6.5 | 45.45 | -4.14 | 3.82 | 0.8 | 3.93 | 0.3 | 2.49 | 0.1 | 0.16 | 0.42 | 3.25 |
| EPS in Rs | -0.05 | 0.69 | -0.06 | 0.06 | 0.01 | 0.07 | 0.01 | 0.07 | 0 | 0.01 | 0.03 | 0.24 |

### 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 | 334.17 | 156 | 50.88 | 35.09 | 44.67 | 30.16 | 26.73 | 26.94 | 16.64 | 17.02 |
| Expenses | 293.42 | 135.53 | 59.14 | 55.27 | 46.86 | 27.39 | 26.79 | 22.52 | 20.55 | 20.49 |
| Operating Profit | 40.75 | 20.47 | -8.26 | -20.18 | -2.19 | 2.77 | -0.06 | 4.42 | -3.91 | -3.47 |
| OPM % | 12.19 | 13.12 | -16.23 | -57.51 | -4.9 | 9.18 | -0.22 | 16.41 | -23.5 | -20.39 |
| Other Income | 3.27 | 5.77 | 3.66 | 1.84 | -86.41 | 1.11 | 16.52 | 7.42 | 9.38 | 10.01 |
| Interest | 17.29 | 16.78 | 13.89 | 16.32 | 13.9 | 16.28 | 10.47 | 0.31 | 0.16 | 0.12 |
| Depreciation | 8.22 | 8.28 | 7.91 | 7.54 | 7.4 | 7.2 | 7.53 | 0.5 | 0.48 | 0.5 |
| Profit before tax | 18.51 | 1.18 | -26.4 | -42.2 | -109.9 | -19.6 | -1.54 | 11.03 | 4.83 | 5.92 |
| Tax % | 8.1 | -461.02 | -49.43 | -27.89 | -0.17 | -7.86 | -1980.52 | 19.76 | 34.58 | — |
| Net Profit | 17.01 | 6.61 | -13.35 | -30.43 | -109.7 | -18.06 | 28.96 | 8.85 | 3.16 | 3.93 |
| EPS in Rs | 0.14 | 0.05 | -0.11 | -0.24 | -0.87 | -0.14 | 0.44 | 0.16 | 0.24 | 0.28 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### 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 | 20 | 20 | 20 | 20 | 20.03 | 20.03 | 20.03 | 10.53 | 10.66 | 13.34 |
| Reserves | 178.7 | 195.17 | 201.59 | 188.13 | 157.63 | 47.96 | 29.69 | 78.61 | 74.82 | 75.33 |
| Borrowings | 117 | 138.35 | 140.91 | 95.66 | 111.38 | 105.09 | 105.81 | 18.51 | 24 | 24 |
| Other Liabilities | 212.94 | 197.27 | 70.95 | 44.23 | 26.89 | 133.93 | 147.45 | 2.95 | 3.24 | 4.43 |
| Total Liabilities | 528.64 | 550.79 | 433.45 | 348.02 | 315.93 | 307.01 | 302.98 | 110.6 | 112.72 | 117.1 |
| Fixed Assets | 180.17 | 173.85 | 165.01 | 156.21 | 148.62 | 141.23 | 134.07 | 29.45 | 29.7 | 29.24 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 28.6 | 2.9 | 2.54 | 0 | 0 | 0 | 0 | 11.26 | 12.54 | 13.56 |
| Other Assets | 319.87 | 374.04 | 265.9 | 191.81 | 167.31 | 165.78 | 168.91 | 69.89 | 70.48 | 74.3 |
| Total Assets | 528.64 | 550.79 | 433.45 | 348.02 | 315.93 | 307.01 | 302.98 | 110.6 | 112.72 | 117.1 |

### 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 | -16.33 | -34.21 | -17.25 | 42.99 | 0.93 | 7.2 | -0.47 | 121.7 | 2.78 | 4.38 |
| Cash from Investing Activity | 21.96 | 21.72 | 25.01 | 14.68 | -1.33 | -0.92 | -3.68 | -0.81 | -9.32 | -4.02 |
| Cash from Financing Activity | -4.85 | 3.07 | -14.02 | -55.29 | -1.11 | -0.84 | -0.68 | -121.28 | 5.19 | -0.15 |
| Net Cash Flow | 0.78 | -9.42 | -6.27 | 2.39 | -1.51 | 5.43 | -4.83 | -0.4 | -1.35 | 0.2 |
| Free Cash Flow | -18.46 | -36.1 | -16.61 | 43.34 | 0.93 | 7.2 | -0.52 | 121.69 | 2.05 | 4.68 |
| CFO/OP | -8 | -56 | -82 | -538 | 13 | -321 | -27 | -202883 | 65 | -113 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 142.6 | 201.42 | 360.46 | 715.51 | 929.92 | 643.31 | 1025.78 | 364.73 | 323.81 | 486.74 |
| Inventory Days | 43.62 | 140.71 | 175.31 | 683.66 | 419.84 | 560.3 | — | — | — | — |
| Days Payable | 127.38 | 183.44 | 74.34 | 121.93 | 57.66 | 66.82 | — | — | — | — |
| Cash Conversion Cycle | 58.84 | 158.69 | 461.44 | 1277.23 | 1292.11 | 1136.79 | 1025.78 | 364.73 | 323.81 | 486.74 |
| Working Capital Days | 47.63 | 108.66 | 298.95 | 793.13 | 223.85 | -724.28 | -1223.16 | 268.73 | 333.3 | 629.76 |
| ROCE % | 21.79 | 10.56 | 4.97 | -3.77 | -8.73 | -3.47 | -2.01 | 14.04 | 9.98 | 3.89 |

## 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 | 0.01% | 0.01% | 94.97% | 94.97% | 93.79% | 93.79% | 93.79% | 89.98% | 89.98% | 74.96% | 74.96% | 74.96% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 94.02% | 93.89% | 0.27% | 0.26% | 0.3% | 0.31% | 0.31% | 0.48% | 0.47% | 1.19% | 1.19% | 1.18% |
| Others | 5.96% | 6.1% | 4.77% | 4.77% | 5.92% | 5.9% | 5.9% | 9.54% | 9.55% | 23.85% | 23.84% | 23.85% |
| No. of Shareholders | 125070 | 126183 | 58064 | 55551 | 53828 | 53245 | 52854 | 51867 | 50847 | 50248 | 49696 | 48601 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 6 / 3

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 215.65 | Sell |
| EMA (10) | 209.92 | Sell |
| SMA (20) | 202.01 | Buy |
| EMA (20) | 206.02 | Buy |
| SMA (50) | 179.3 | Buy |
| EMA (50) | 188.39 | Buy |
| SMA (100) | 162.14 | Buy |
| EMA (100) | 173.79 | Buy |
| SMA (200) | 157.43 | Buy |
| EMA (200) | 166.03 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 51.84 | Neutral |
| MACD (12,26,9) | 7 | Sell |
| Stochastic (14,3,3) | 52.34 | Neutral |
| ADX (14) | 25.66 | Buy |
| Williams %R (14) | -44.15 | Neutral |
| ATR (14) | 12.18 | High Volatility |
| ROC (12) | 20.32 | Buy |
| Stoch RSI (14) | 43.68 | Neutral |
| UO (7,14,28) | 52.69 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Clarification On Price Movement In Equity Shares Of Ujaas Energy Limited.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ddfca76e-cc7d-47b3-bc07-cf8d531a5d0a.pdf) |
| 2026-08-05 | [Clarification On Price Movement In Equity Shares Of Ujaas Energy Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ee550d3-6147-4bbb-a770-b452c4a422b5.pdf) |
| 2026-07-31 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=87ad1523-a0fd-4507-a805-86fbb067cb11.pdf) |
| 2026-07-30 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 30.07.2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=91131b59-82b9-494f-b5ae-a740e4ea04fb.pdf) |
| 2026-07-30 | [Outcome Of Board Meeting Held On 30.07.2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53eea47f-dad8-4f5d-8917-976aa0fbdc37.pdf) |
| 2026-07-23 | [Board Meeting Intimation for Notice Of Meeting Of Board Of Directors Of The Company And Closure Of Trading Window.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e70b3ce-5f92-429f-b5dd-924021d4a8ef.pdf) |
| 2026-07-16 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ba9dfa8-33c9-4232-8f6b-2e5e2e91ce0c.pdf) |
| 2026-07-14 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a040d336-35fd-4db4-b3a9-486dce428371.pdf) |
| 2026-07-14 | [Intimation Regarding Proceedings Of The 27Th Annual General Meeting.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d7a1ac0-f0ea-4d9c-adc0-91169c665462.pdf) |
| 2026-07-10 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56c2fe77-69e9-474a-8a5e-0cac201cba32.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Feb - Feb 6-7, 2026: Company tells exchanges price movement market-driven; no undisclosed material information; will continue disclosures. | [Clarification On Price Movement In Equity Shares Of Ujaas Energy Limited. 7 Feb - Feb 6-7, 2026: Company tells exchanges price movement market-driven; no undisclosed material information; will continue disclosures.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a13ed462-696f-48bd-824f-4f2a58b94f90.pdf) |
| 7 Apr - Filed Regulation 74(5) compliance certificate for quarter ended 31 March 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Filed Regulation 74(5) compliance certificate for quarter ended 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1351cd78-311a-44d1-9235-93ea8fc73983.pdf) |
| 30 Apr - Board approved M/s. MMM & Co. as internal auditors for FY2026-27 on April 30, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 30 Apr - Board approved M/s. MMM & Co. as internal auditors for FY2026-27 on April 30, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/930e693a-e072-4280-abe3-18461d3d6ad4.pdf) |
| 30 Apr - Board approved M/s. MMM & Co. as internal auditors for FY2026-27 on April 30, 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 30 Apr - Board approved M/s. MMM & Co. as internal auditors for FY2026-27 on April 30, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/930e693a-e072-4280-abe3-18461d3d6ad4.pdf) |
| 30 Apr - Board approved FY26 audited results with qualified opinion, appointed internal auditor, and reconstituted management committee. | [Board Meeting Outcome for Outcome Of Board Meeting Held On April 30, 2026. 30 Apr - Board approved FY26 audited results with qualified opinion, appointed internal auditor, and reconstituted management committee.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c84c4b78-41af-4562-85cb-1a888b8df52a.pdf) |
| 30 Apr - Board approved FY26 audited results with qualified opinion, appointed internal auditor, and reconstituted management committee. | [Board Meeting Outcome for Outcome Of Board Meeting Held On April 30, 2026. 30 Apr - Board approved FY26 audited results with qualified opinion, appointed internal auditor, and reconstituted management committee.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/c84c4b78-41af-4562-85cb-1a888b8df52a.pdf) |
| 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited Q4/FY2026 results declaration. | [Closure of Trading Window 27 Mar - Trading window closed Apr 1, 2026 until 48 hours after audited Q4/FY2026 results declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d2e511f8-38fe-4b32-bba6-ec65489ec800.pdf) |
| 24 Apr - Ujaas Energy reports it is not a Large Corporate under SEBI circular; outstanding borrowing nil. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 24 Apr - Ujaas Energy reports it is not a Large Corporate under SEBI circular; outstanding borrowing nil.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a377a294-a584-4c77-b60a-aec57c630e1b.pdf) |
| 22 Jan - Newspaper publication of extract of Un- Audited financial results for the quarter and nine months ended on December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 22 Jan - Newspaper publication of extract of Un- Audited financial results for the quarter and nine months ended on December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa13bfcf-d40d-4246-92f9-6fb98c7f3664.pdf) |
| 22 Apr - Board meets 30 Apr 2026 to approve audited FY26 results; trading window closed from 1 Apr 2026. | [Board Meeting Intimation for Notice Of Meeting Of Board Of The Company And Closure Of Trading Window. 22 Apr - Board meets 30 Apr 2026 to approve audited FY26 results; trading window closed from 1 Apr 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70846378-0d8e-4e88-93bb-58ac58c2b3d9.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-30 | [Financial Results For The Quarter Ended On June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fd56762f-e3c9-47b8-9536-f56c488d9ab0.pdf) |
| 2026-04-30 | [Outcome Of Board Meeting Held On April 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ffb7cbc1-9c88-43ce-bff9-3c9a1ebdd8f7.pdf) |
| 2026-01-20 | [Financial Results For The Quarter And Nine Months Ended On December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e230d456-4905-44d4-8156-99e3c6aceda7.pdf) |
| 2025-11-12 | [Financial Results For The Quarter And Half Year Ended On 30.09.2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=510eb35a-74be-4058-8885-2c3398fddda5.pdf) |
| 2025-08-12 | [Financial Results For The Quarter Ended On June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e241725-fa75-4932-b840-9d386ef8042c.pdf) |
| 2025-05-28 | [Financial Results For The Quarter And Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed0b2bab-47ef-4951-85ac-17ba39864b9a.pdf) |
| 2025-01-22 | [Un-Audited Financial Results Of The Company For The Quarter And Nine Months Ended 31St December 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4407e80a-e235-4fed-84a1-e5a09ad09c35.pdf) |
| 2024-11-12 | [Un-Audited Financial Results Of The Company For The Quarter And Half Year Ended On 30Th September 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e75b0e5-d59c-4993-947e-0090c384101e.pdf) |
| 2024-08-13 | [Financial Results For The Quarter Ended On 30.06.2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=428f891e-055d-4609-ae7f-e70b9782a9fd.pdf) |
| 2024-06-01 | [Financial Results For The Year Ended On 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a5a37d46-f3f8-4884-ba10-b2e80a2cf866.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_MBSWITCH_2011_2012_17092012061324.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c0d6967f-f0c7-497e-81ae-912fcb6b6682.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/60b1a27e-e8fe-4a01-9336-06e9c71cf4f4.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8e1751ce-aaa4-4f4c-895b-60882608cedb.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/982b340c-7bb0-4ff1-9805-be72156a73db.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533644/76603533644.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533644/71956533644.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/533644/68144533644.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/533644/5336440319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/533644/5336440318.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eaa25183-b6ba-4356-9fcd-b27dc3e4e4b2.pdf) |
| Sep 2017 | [Concall - Sep 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/9/eaa25183-b6ba-4356-9fcd-b27dc3e4e4b2.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58a4f455-4aa4-4110-9827-daa71e027242.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/58a4f455-4aa4-4110-9827-daa71e027242.pdf) |
| Nov 2016 | [Concall - Nov 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=438F97D0_5E85_4E17_A330_1971868A8DB7_152732.pdf) |
| May 2018 | [Concall - May 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3a57a589-9f03-41de-b554-10380a59b267.pdf) |
| May 2018 | [Concall - May 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4d23e40-8992-480a-b2d3-74454a2e8117.pdf) |
| May 2018 | [Concall - May 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/3a57a589-9f03-41de-b554-10380a59b267.pdf) |
| May 2018 | [Concall - May 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/e4d23e40-8992-480a-b2d3-74454a2e8117.pdf) |
| Mar 2017 | [Concall - Mar 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=35effb6c-0dcc-4ceb-ab3b-33f35afeacf8.pdf) |

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