---
title: "Usha Martin Education & Solutions Ltd (UMESLTD) — Share Price, Financials & Analysis"
symbol: "UMESLTD"
company: "Usha Martin Education & Solutions Ltd"
canonical: "https://tapetide.com/stocks/UMESLTD"
isin: "INE240C01028"
nse_symbol: "UMESLTD"
bse_code: "532398"
sector: "Consumer Discretionary"
industry: "Other Consumer Services"
market_cap_cr: 12.42
generated_at: "2026-09-13T18:23:53.351Z"
---

# Usha Martin Education & Solutions Ltd (UMESLTD)

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

## Company

- **NSE Symbol:** UMESLTD
- **BSE Code:** 532398
- **ISIN:** INE240C01028
- **Sector:** Consumer Discretionary
- **Industry:** Other Consumer Services
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2010-07-12
- **CEO:** Mr. Vinay Kumar Gupta
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** umesl.co.in

## About

Incorporated in 1997, Usha Martin Education & Solutions Ltd is engaged in educational management services.[1]

## Latest Price

- **Price:** ₹4.97
- **Change:** -0.04 (-0.8%)
- **Open:** ₹4.99
- **Day High:** ₹5.02
- **Day Low:** ₹4.7
- **Previous Close:** ₹5.01
- **Volume:** 28419
- **As Of:** 2026-09-11T09:58:47+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:24.854737Z.

- **Market Cap:** ₹12.42 Cr
- **Classification:** Microcap
- **P/E (reported):** 33.3
- **P/E (TTM):** 33.13
- **EPS (TTM):** ₹0.15
- **Book Value:** ₹0.93
- **Price to Book:** 5.39
- **Dividend Yield:** 0%
- **ROE:** 2.15%
- **ROCE:** 3.17%
- **Debt to Equity:** 0.09
- **Revenue (yearly):** ₹0.88 Cr
- **Net Income:** ₹0.4 Cr
- **EBITDA:** ₹0.42 Cr
- **52-Week High:** ₹7.14
- **52-Week Low:** ₹3.88
- **RSI (14):** 41.11

## Tapetide Score

- **Score:** 59 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 84.7 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 83.11 | 9% |
| growth | 93.15 | 9% |
| momentum | 74.29 | 12% |
| ownership | 50 | 24% |
| quality | 69.31 | 22% |
| valuation | 26.96 | 24% |

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

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Stock is trading at 5.36 times its book value
- The company has delivered a poor sales growth of 8.32% over past five years.
- Promoter holding is low: 39.8%
- Company has a low return on equity of 2.37% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 40.24% | 858.33% | — |
| ebitda margin growth | -100% | -2.47% | -6.79% | 85.56% |
| net income growth | -100% | 33.33% | 80% | 69% |
| revenue growth | -66.67% | -12% | 10% | 8% |
| roce | -85.71% | -9.17% | 104.52% | 2.19% |
| roe | -90% | 104.76% | 1.22% | — |

## 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 | 0.06 | 0.29 | 0.22 | 0.11 | 0.19 | 0.12 | 0.12 | 0.13 | 0.22 | 0.2 | 0.32 | 0.12 |
| Expenses | 0.1 | 0.16 | 0.12 | 0.11 | 0.14 | 0.13 | 0.15 | 0.1 | 0.12 | 0.11 | 0.1 | 0.09 |
| Operating Profit | -0.04 | 0.13 | 0.1 | 0 | 0.05 | -0.01 | -0.03 | 0.03 | 0.1 | 0.09 | 0.22 | 0.03 |
| OPM % | -66.67 | 44.83 | 45.45 | 0 | 26.32 | -8.33 | -25 | 23.08 | 45.45 | 45 | 68.75 | 25 |
| Other Income | 0.17 | 0.01 | 0.08 | 0.06 | 0.01 | 0.2 | 0.2 | 0.02 | 0 | 0 | -0.01 | 0 |
| Interest | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.09 | 0.1 | 0.14 | 0.02 | 0.02 | 0.16 | 0.15 | 0.03 | 0.09 | 0.08 | 0.2 | 0.02 |
| Tax % | 0 | 0 | 135.71 | 0 | 0 | 0 | 13.33 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.08 | 0.1 | -0.05 | 0.02 | 0.02 | 0.15 | 0.13 | 0.02 | 0.09 | 0.08 | 0.2 | 0.02 |
| EPS in Rs | 0.03 | 0.04 | -0.02 | 0.01 | 0.01 | 0.06 | 0.05 | 0.01 | 0.03 | 0.03 | 0.08 | 0.01 |

### 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 | 0.82 | 0.75 | 0.71 | 0.59 | 0.78 | 0.66 | 0.73 | 0.52 | 0.88 | 0.86 |
| Expenses | 0.79 | 0.62 | 0.59 | 0.51 | 0.68 | 0.57 | 0.5 | 0.52 | 0.44 | 0.42 |
| Operating Profit | 0.03 | 0.13 | 0.12 | 0.08 | 0.1 | 0.09 | 0.23 | 0 | 0.44 | 0.44 |
| OPM % | 3.66 | 17.33 | 16.9 | 13.56 | 12.82 | 13.64 | 31.51 | 0 | 50 | 51.16 |
| Other Income | 0.26 | 0.2 | 0.12 | 0.13 | 0.12 | 0.15 | 0.27 | 0.46 | 0.01 | -0.01 |
| Interest | 0.36 | 0.2 | 0.15 | 0.17 | 0.16 | 0.16 | 0.16 | 0.12 | 0.05 | 0.04 |
| Depreciation | 0.08 | 0.05 | 0.03 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.15 | 0.08 | 0.06 | 0.03 | 0.06 | 0.08 | 0.34 | 0.34 | 0.4 | 0.39 |
| Tax % | 6.67 | 225 | 16.67 | 0 | 0 | 25 | 55.88 | 8.82 | 0 | — |
| Net Profit | -0.16 | -0.1 | 0.06 | 0.03 | 0.06 | 0.06 | 0.15 | 0.31 | 0.39 | 0.39 |
| EPS in Rs | -0.06 | -0.04 | 0.02 | 0.01 | 0.02 | 0.02 | 0.06 | 0.12 | 0.15 | 0.15 |
| 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 | 2.64 | 2.64 | 2.64 | 2.64 | 2.64 | 2.64 | 2.64 | 2.64 | 2.64 | 2.64 |
| Reserves | 11.53 | 11.37 | 11.27 | 11.33 | 11.36 | 11.42 | 11.48 | 11.64 | 11.95 | -0.19 |
| Borrowings | 2.86 | 2.71 | 2.56 | 2.71 | 2.71 | 2.71 | 2.57 | 1.7 | 0.72 | 0.23 |
| Other Liabilities | 2.51 | 2.47 | 2.52 | 1.88 | 1.94 | 1.82 | 1.7 | 0.61 | 0.46 | 0.51 |
| Total Liabilities | 19.54 | 19.19 | 18.99 | 18.56 | 18.65 | 18.59 | 18.39 | 16.59 | 15.77 | 3.19 |
| Fixed Assets | 1.44 | 1.34 | 1.29 | 1.26 | 1.25 | 1.24 | 1.24 | 0.01 | 0.01 | 0.01 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 15.5 | 15.5 | 15.5 | 15.5 | 15.5 | 15.5 | 15.5 | 15.5 | 15.5 | 2.96 |
| Other Assets | 2.6 | 2.35 | 2.2 | 1.8 | 1.9 | 1.85 | 1.65 | 1.08 | 0.26 | 0.22 |
| Total Assets | 19.54 | 19.19 | 18.99 | 18.56 | 18.65 | 18.59 | 18.39 | 16.59 | 15.77 | 3.19 |

### 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 | -0.18 | 0.12 | 0.22 | 0.49 | -0.02 | 0.2 | 0.12 | 0.82 | 1.15 | 0.45 |
| Cash from Investing Activity | 0.19 | 0.19 | 0.02 | 0.09 | 0.02 | 0.02 | 0.17 | 0.05 | 0.04 | 0.02 |
| Cash from Financing Activity | -0.27 | -0.32 | -0.25 | -0.57 | -0.02 | -0.18 | -0.3 | -0.89 | -1.17 | -0.5 |
| Net Cash Flow | -0.26 | 0 | 0 | 0.02 | -0.02 | 0.03 | 0 | -0.01 | 0.02 | -0.04 |
| Free Cash Flow | -0.02 | 0.17 | 0.22 | 0.49 | -0.02 | 0.21 | 0.11 | 0.82 | 1.14 | 0.45 |
| CFO/OP | 15 | 500 | 192 | 417 | -62 | 220 | 133 | 139 | — | 109 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 52.86 | 66.77 | 38.93 | 35.99 | 98.98 | 0 | 0 | 5 | 0 | 0 |
| Cash Conversion Cycle | 52.86 | 66.77 | 38.93 | 35.99 | 98.98 | 0 | 0 | 5 | 0 | 0 |
| Working Capital Days | -470.72 | -850.18 | -949 | -899.65 | -977.46 | -1104.36 | -812.95 | -635 | -687.88 | -223.98 |
| ROCE % | -4.57 | 1.07 | 1.69 | 1.27 | 1.2 | 1.31 | 1.49 | 3.12 | 2.94 | 5.23 |

## 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 | 40.75% | 40.56% | 39.82% | 39.82% | 39.82% | 39.82% | 39.82% | 39.82% | 39.82% | 39.82% | 39.82% | 39.82% |
| FIIs | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% | 1.74% |
| DIIs | 1.75% | 1.74% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% | 1.26% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 45.33% | 45.33% | 47.5% | 48.77% | 48.61% | 48.58% | 48.69% | 48.72% | 48.7% | 48.7% | 48.7% | 48.7% |
| Others | 10.44% | 10.62% | 9.67% | 8.4% | 8.56% | 8.59% | 8.48% | 8.45% | 8.48% | 8.48% | 8.48% | 8.48% |
| No. of Shareholders | 35717 | 35268 | 36384 | 37376 | 38473 | 39247 | 39147 | 38934 | 38760 | 38760 | 38760 | 38760 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 5.06 | Sell |
| EMA (10) | 5.11 | Sell |
| SMA (20) | 5.36 | Sell |
| EMA (20) | 5.26 | Sell |
| SMA (50) | 5.52 | Sell |
| EMA (50) | 5.45 | Sell |
| SMA (100) | 5.54 | Sell |
| EMA (100) | 5.5 | Sell |
| SMA (200) | 5.37 | Sell |
| EMA (200) | 5.51 | Sell |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 40.28 | Neutral |
| MACD (12,26,9) | -0.18 | Sell |
| Stochastic (14,3,3) | 17.79 | Buy |
| ADX (14) | 17.03 | Neutral |
| Williams %R (14) | -81.88 | Buy |
| ATR (14) | 0.4 | High Volatility |
| ROC (12) | -11.41 | Sell |
| Stoch RSI (14) | 20.97 | Neutral |
| UO (7,14,28) | 51.87 | 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=4a388aa5-2097-4fa4-9ade-1ae051cd7542.pdf) |
| 2026-09-08 | [29Th AGM Of The Company To Be Held On 30Th Sept 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=565f37f4-f154-48c4-ba30-385b189d0817.pdf) |
| 2026-09-08 | [Book Closure For 29Th AGM Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9698a20b-432a-479e-a94b-79b2634dffb5.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=190283e2-b44f-4127-b5c7-e68d47ffe139.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a03dc0df-7082-4516-a893-c2312a67edd4.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5e7b80b-baeb-4e26-b5cc-13b5ef093601.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Outcome Of Board Meeting - Unaudited Financial Results For Quarter Ended June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=270b4ba0-5cd3-4deb-a65f-165cc9005958.pdf) |
| 2026-08-07 | [Board Meeting Intimation for Unaudited Financial Results For First Quarter Ended 30Th June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be47466b-dbd9-44c4-9828-17110d6b5c62.pdf) |
| 2026-07-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6575e91b-5e62-4dfd-b095-7c345ee3db96.pdf) |
| 2026-06-29 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9685e31f-35f3-4553-b15c-14bbe7219ab8.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Results Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f13e6b65-1b95-4f28-88c4-130a1c1acdf3.pdf) |
| 2026-05-27 | [Results - Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5119d7dd-05f2-4192-a763-e2809cf32def.pdf) |
| 2026-02-12 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2f4cec10-ca0a-48bf-ad73-509f609fc66b.pdf) |
| 2025-11-11 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cf2ae0ae-718d-48ee-b739-b054d7a26de1.pdf) |
| 2025-08-12 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0e896594-acb6-4bf4-ac76-f6dfcbdac331.pdf) |
| 2025-08-12 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58d472db-a8bb-44dc-93c2-eca1bfbedaeb.pdf) |
| 2025-05-23 | [Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9abd0494-fd62-4dd0-bc5d-a00793d9724a.pdf) |
| 2025-02-06 | [Results - UFR (Standalone And Consolidated) For The Third Quarter Ended 31St December 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36ef139e-c857-44a6-b7e7-ba1c39b20506.pdf) |
| 2024-11-14 | [Unaudited Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea46e498-034f-4145-b143-b62fe48742d4.pdf) |
| 2024-08-13 | [Results - Unaudited Financial Results For 1St Quarter 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a467e5a7-7689-4244-a7e0-230614425a4f.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Board meeting 12 Feb 2026 to approve Q3 FY2026 unaudited results for quarter ended 31 Dec 2025. | [Board Meeting Intimation for Quarterly Unaudited Financial Results 6 Feb - Board meeting 12 Feb 2026 to approve Q3 FY2026 unaudited results for quarter ended 31 Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bfe53c82-8bb0-4ddc-966c-837cc3095337.pdf) |
| 14 Apr - Certificate under regulation 74(5) of the SEBI (Depository & Participants) Regulations, 2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Certificate under regulation 74(5) of the SEBI (Depository & Participants) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b77956b-7bff-4b73-a9ac-24b099b1fa94.pdf) |
| 13 Mar - Responded to BSE/NSE (12–13 Mar 2026) clarifying price movement; no undisclosed price-sensitive information. | [Announcement Under Regulation 30 13 Mar - Responded to BSE/NSE (12–13 Mar 2026) clarifying price movement; no undisclosed price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9efd1dd9-e171-4c15-8251-38e87988cd3c.pdf) |
| 12 Feb - Unaudited standalone and consolidated Q3 results for quarter ended 31 Dec 2025; standalone net profit Rs.8.14 lakh. | [Board Meeting Outcome for Outcome Of Board Meeting 12 Feb - Unaudited standalone and consolidated Q3 results for quarter ended 31 Dec 2025; standalone net profit Rs.8.14 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/afec197a-f614-4ad0-a801-7b70bf9ab0dc.pdf) |
| — | [Closure of Trading Window 30 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1cd474d5-1058-42fa-bf84-ecdd0e843b43.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/196aa05f-cc34-4800-bdc9-1ca0d69b2ff7.pdf) |
| — | [Unaudited Financial Results 12 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f4cec10-ca0a-48bf-ad73-509f609fc66b.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 19 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7bd5d05b-a91c-4247-94fb-61a35d2c3040.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_UMESLTD_2011_2012_06072012113325.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3304cb2d-44d4-4e80-b7d1-c418dd9933e4.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/273e106e-6cea-400f-8679-60518a0532e2.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d25ad95d-e5bd-4362-bc61-6e46f189de0b.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532398/74341532398.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532398/69438532398.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532398/65354532398.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532398/5323980319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532398/5323980318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532398/5323980317.pdf) |

---

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 2026-09-13T18:23:53.351Z.
