---
title: "Veto Switchgears & Cables Ltd (VETO) — Share Price, Financials & Analysis"
symbol: "VETO"
company: "Veto Switchgears & Cables Ltd"
canonical: "https://tapetide.com/stocks/VETO"
isin: "INE918N01018"
nse_symbol: "VETO"
bse_code: "539331"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
market_cap_cr: 240.85
generated_at: "2026-09-13T18:21:45.242Z"
---

# Veto Switchgears & Cables Ltd (VETO)

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

## Company

- **NSE Symbol:** VETO
- **BSE Code:** 539331
- **ISIN:** INE918N01018
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2015-04-29
- **CEO:** Mr. Akshay Kumar Gurnani
- **Employees:** 336
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vetoswitchgears.com

## About

Incorporated in 2007, Veto Switchgears 
& Cables Ltd manufactures wires & cables, electrical accessories & also deals in LED 
lighting, CFL & Fans[1]

## Latest Price

- **Price:** ₹125.81
- **Change:** -1.34 (-1.05%)
- **Open:** ₹128.48
- **Day High:** ₹128.48
- **Day Low:** ₹124
- **Previous Close:** ₹127.15
- **Volume:** 17098
- **As Of:** 2026-09-11T09:59:48+00:00

## Key Fundamentals

Observed at 2026-09-11T04:41:09.540666Z.

- **Market Cap:** ₹240.85 Cr
- **Classification:** Microcap
- **P/E (reported):** 9
- **P/E (TTM):** 8.79
- **EPS (TTM):** ₹14.32
- **Book Value:** ₹151.55
- **Price to Book:** 0.84
- **Dividend Yield:** 0.79%
- **ROE:** 8.16%
- **ROCE:** 11.39%
- **Debt to Equity:** 0.07
- **Revenue (yearly):** ₹386.71 Cr
- **Net Income:** ₹23.72 Cr
- **EBITDA:** ₹37.72 Cr
- **52-Week High:** ₹153.95
- **52-Week Low:** ₹82.32
- **RSI (14):** 54.39

## Tapetide Score

- **Score:** 62 / 100
- **Score date:** 2026-09-04
- **Archetype:** Average Quality, Undemanding Price
- **What it means:** The financials sit mid-range rather than strong, and the multiple is not demanding. Nothing here stands out in either direction, so the read comes down to which single pillar you weight most and whether the next results move it off the middle.
- **Pillar profile:** Quality: Average · Valuation: Cheap · Momentum: Rising
- **Percentile:** 92.5 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 80.15 | 9% |
| growth | 83.17 | 9% |
| momentum | 87.69 | 12% |
| ownership | 58.57 | 24% |
| quality | 59.52 | 22% |
| valuation | 70.02 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.83 times its book value
- Company is expected to give good quarter

### Weaknesses

- Company has a low return on equity of 8.42% over last 3 years.
- Dividend payout has been low at 8.97% of profits over last 3 years
- Company has high debtors of 155 days.
- Promoter holding has decreased over last 3 years: -5.02%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -46.06% | -16.58% | 112.32% |
| ebitda margin growth | -25.93% | -14.07% | -16.94% | -29.18% |
| net income growth | -34.09% | 8.81% | 7% | 11% |
| revenue growth | -35.37% | 27.67% | 10% | 16% |
| roce | -27.51% | -11.98% | -18.82% | 12.97% |
| roe | -33.52% | 11.63% | 8.07% | 6.81% |

## 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 | 71.64 | 82.05 | 79.44 | 61.21 | 74.28 | 75.71 | 89.18 | 64.87 | 88.77 | 94.22 | 138.86 | 89.36 |
| Expenses | 61.63 | 73.33 | 75.12 | 54.11 | 65.72 | 70.52 | 78.34 | 58.57 | 80.4 | 84.41 | 125.6 | 79.92 |
| Operating Profit | 10.01 | 8.72 | 4.32 | 7.1 | 8.56 | 5.19 | 10.84 | 6.3 | 8.37 | 9.81 | 13.26 | 9.44 |
| OPM % | 13.97 | 10.63 | 5.44 | 11.6 | 11.52 | 6.86 | 12.16 | 9.71 | 9.43 | 10.41 | 9.55 | 10.56 |
| Other Income | 0.34 | 0.39 | 3.59 | 0.42 | 0.15 | 1.45 | 0.52 | 0.35 | 0.85 | 0.55 | 0.19 | 0.53 |
| Interest | 1.57 | 0.87 | 0.73 | 0.39 | 0.04 | 0.5 | 0.71 | 0.63 | 0.37 | 0.47 | 0.51 | 0.74 |
| Depreciation | 0.7 | 0.79 | 0.48 | 0.63 | 0.66 | 0.93 | 0.84 | 1.09 | 1.02 | 1.13 | 1.09 | 1.01 |
| Profit before tax | 8.08 | 7.45 | 6.7 | 6.5 | 8.01 | 5.21 | 9.81 | 4.93 | 7.83 | 8.76 | 11.85 | 8.22 |
| Tax % | 25.12 | 34.36 | 66.87 | 24.92 | 25.47 | 30.33 | 25.18 | 30.22 | 22.48 | 28.42 | 25.74 | 28.83 |
| Net Profit | 6.05 | 4.89 | 2.23 | 4.88 | 5.97 | 3.63 | 7.34 | 3.43 | 6.08 | 6.27 | 8.8 | 5.85 |
| EPS in Rs | 3.13 | 2.5 | 1.11 | 2.54 | 3.09 | 1.96 | 3.94 | 1.93 | 3.18 | 3.45 | 4.59 | 3.1 |

### 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 | 253 | 218 | 150 | 181 | 267 | 290 | 300 | 300 | 387 | 411 |
| Expenses | 212 | 197 | 131 | 158 | 233 | 257 | 269 | 269 | 349 | 370 |
| Operating Profit | 41 | 21 | 19 | 24 | 34 | 33 | 31 | 32 | 38 | 41 |
| OPM % | 16 | 10 | 13 | 13 | 13 | 11 | 10 | 11 | 10 | 10 |
| Other Income | 2 | 0 | 1 | 2 | 3 | 5 | 5 | 3 | 2 | 2 |
| Interest | 3 | 4 | 4 | 2 | 4 | 5 | 4 | 2 | 2 | 2 |
| Depreciation | 2 | 1 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 4 |
| Profit before tax | 39 | 16 | 14 | 21 | 30 | 30 | 29 | 30 | 33 | 37 |
| Tax % | 26 | 27 | 33 | 31 | 32 | 33 | 37 | 26 | 26 | — |
| Net Profit | 29 | 12 | 9 | 15 | 20 | 20 | 18 | 22 | 25 | 27 |
| EPS in Rs | 15.81 | 6.05 | 4.85 | 7.74 | 10.47 | 10.59 | 9.39 | 11.58 | 13.15 | 14.32 |
| Dividend Payout % | 13 | 0 | 0 | 13 | 10 | 9 | 11 | 9 | 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 | 18 | 18 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 83 | 130 | 148 | 159 | 175 | 194 | 214 | 227 | 247 | 271 |
| Borrowings | 31 | 38 | 40 | 26 | 35 | 47 | 43 | 23 | 23 | 21 |
| Other Liabilities | 13 | 16 | 13 | 16 | 45 | 49 | 45 | 37 | 43 | 87 |
| Total Liabilities | 145 | 202 | 220 | 220 | 274 | 309 | 321 | 306 | 332 | 398 |
| Fixed Assets | 20 | 23 | 30 | 40 | 44 | 43 | 40 | 41 | 51 | 49 |
| CWIP | 8 | 7 | 0 | 3 | 2 | 3 | 7 | 9 | 11 | 13 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 118 | 171 | 190 | 177 | 227 | 263 | 274 | 256 | 270 | 336 |
| Total Assets | 145 | 202 | 220 | 220 | 274 | 309 | 321 | 306 | 332 | 398 |

### 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 | 20 | -25 | 11 | 31 | 7 | -8 | 18 | 28 | 15 | 10 |
| Cash from Investing Activity | -12 | 4 | -2 | -11 | -7 | 0 | -2 | -8 | -18 | -4 |
| Cash from Financing Activity | -21 | 21 | 3 | -19 | -3 | 4 | -10 | -27 | -3 | -5 |
| Net Cash Flow | -13 | 0 | 12 | 1 | -4 | -3 | 6 | -8 | -6 | 1 |
| Free Cash Flow | 14 | -29 | 9 | 18 | 4 | -9 | 13 | 22 | -5 | 6 |
| CFO/OP | 88 | -49 | 98 | 188 | 56 | 2 | 91 | 130 | 76 | 57 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 86 | 154 | 102 | 145 | 183 | 162 | 171 | 162 | 179 | 155 |
| Inventory Days | 70 | 86 | 207 | 314 | 320 | 231 | 182 | 156 | 160 | 132 |
| Days Payable | 15 | 15 | 17 | 34 | 92 | 65 | 52 | 40 | 48 | 45 |
| Cash Conversion Cycle | 140 | 225 | 292 | 425 | 411 | 328 | 300 | 278 | 291 | 242 |
| Working Capital Days | 93 | 164 | 198 | 282 | 279 | 225 | 229 | 231 | 242 | 207 |
| ROCE % | 20 | 26 | 10 | 9 | 11 | 14 | 13 | 12 | 11 | 12 |

## 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 | 47.15% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% | 45.06% |
| FIIs | 0% | 0% | 0.01% | 0% | 0.09% | 0.01% | 0.42% | 0.53% | 0% | 0.01% | 0.01% | 0.41% |
| 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 | 45.5% | 46.47% | 47.22% | 47.07% | 46.19% | 46.61% | 46.37% | 46.73% | 48.01% | 48.16% | 48.07% | 46.99% |
| Others | 7.35% | 8.48% | 7.71% | 7.87% | 8.67% | 8.32% | 8.16% | 7.68% | 6.93% | 6.77% | 6.86% | 7.54% |
| No. of Shareholders | 26131 | 25804 | 29603 | 28572 | 26872 | 26144 | 25578 | 26567 | 26299 | 25776 | 25172 | 23721 |

## Technical Indicators

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

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 7 / 5

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 125.99 | Sell |
| EMA (10) | 126.03 | Sell |
| SMA (20) | 126.01 | Sell |
| EMA (20) | 125.74 | Buy |
| SMA (50) | 124.51 | Buy |
| EMA (50) | 124.8 | Buy |
| SMA (100) | 123.23 | Buy |
| EMA (100) | 121.92 | Buy |
| SMA (200) | 113.75 | Buy |
| EMA (200) | 118.05 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 50.73 | Neutral |
| MACD (12,26,9) | 0.43 | Sell |
| Stochastic (14,3,3) | 38.63 | Neutral |
| ADX (14) | 8.41 | Neutral |
| Williams %R (14) | -61.9 | Neutral |
| ATR (14) | 4.3 | High Volatility |
| ROC (12) | -2.09 | Sell |
| Stoch RSI (14) | 24.85 | Neutral |
| UO (7,14,28) | 47.42 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a8695d6-440e-496e-a368-cf7956a69237.pdf) |
| 2026-09-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4cb104c7-cd0c-44ab-962c-50072860bc7a.pdf) |
| 2026-09-04 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=73e04589-5a60-4bc4-b42f-9cde05a4694a.pdf) |
| 2026-09-04 | [Submission Of Notice Of 19Th AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=190158e6-b885-4cf8-9e11-fb72e18f17d0.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=71f17c18-e908-4c75-abb6-b5dc7f3b3a9d.pdf) |
| 2026-09-04 | [Intimation Of Book Closure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e4bd77ea-d3e4-4897-aa11-e777b2de8b96.pdf) |
| 2026-09-04 | [Intimation Of Record Date](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7cb1f240-50b8-4e22-8ce3-0c65126bbd8c.pdf) |
| 2026-09-04 | [Intimation Regarding E-Voting Facility For 19Th AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9642fec3-bbc6-4c1c-ab14-df1b97ba27a0.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=674c6a0e-0889-4a35-80de-cb67b810fe8e.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5401f6c3-2d9b-4df4-ad93-370de9cbd68d.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-28 | [Audited Financial Results (Standalone And Consolidated) For The Financial Year Ended 31 March2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c072330-9ddc-4e39-8057-855c33e248e1.pdf) |
| 2026-05-28 | [Audited Financial Results (Standalone And Consolidated) For The Financial Year Ended 31 March2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=842c4826-cada-43e6-b20a-2f362638a3c5.pdf) |
| 2026-02-13 | [Unaudited Standalone And Consolidated Financial Results For The Quarter 31St December2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c45f0eb-37f1-4ca5-b362-365bc02346e1.pdf) |
| 2025-11-14 | [Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6ca3d5ee-9783-4823-a3ba-16b62c1acbb3.pdf) |
| 2025-08-13 | [Results- Financial Year 2025-26- June Quarter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1a67d3f-0589-4f86-a1fd-8fc285d90913.pdf) |
| 2025-05-28 | [Outcome Of The Board Meeting Regarding The Financial Year Ended 31St March 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8393511b-16f5-4965-9a18-f8b289e929fd.pdf) |
| 2025-02-13 | [Un-Audited Standalone And Consolidated Financial Results For The Quarter Ended 31St December. 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0dfbafdc-4ea3-43e2-b473-4925fdbe03cd.pdf) |
| 2024-08-13 | [Board Meeting Outcome For Un-Audited Standalone AndConsolidated Financial Results For The Quarter Ended 30Th June,2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33acb263-2a05-46cf-b5b2-77dd3af71399.pdf) |
| 2024-05-29 | [Outcome Of The Board Meeting Regarding The Financial Year Ended 31St March 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4d1e2eb8-6737-4019-a875-a32150636168.pdf) |
| 2024-02-13 | [Results- Financial Results For December 31St, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39bfe1aa-a2a6-4073-9631-84a6aa182e34.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants ) Regulations, 2018 for the Quarter ended 31st December, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants ) Regulations, 2018 for the Quarter ended 31st December, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15f2d623-d325-41e6-ae63-46851d4ae2a7.pdf) |
| 9 Feb - Board meeting Feb 13, 2026 to approve Q3 (Dec 31, 2025) unaudited results; trading window closed until Feb 15. | [Board Meeting Intimation for Standalone And Consolidated Unaudited Financials Results Of The Company For The Third Quarter Ended December 31St, 2025 9 Feb - Board meeting Feb 13, 2026 to approve Q3 (Dec 31, 2025) unaudited results; trading window closed until Feb 15.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab10964d-ef7d-432c-bba8-4361a1a52262.pdf) |
| 7 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026; no dematerialisation requests received. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026; no dematerialisation requests received.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b808e36-2ac4-497b-aa55-743ceff3279c.pdf) |
| 14 Feb - In compliance with the provisions of Regulation 47 of SEBI (LODR) Regulation,2015 , read with corresponding circulars and notifications issued thereunder, we are pleased to … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Feb - In compliance with the provisions of Regulation 47 of SEBI (LODR) Regulation,2015 , read with corresponding circulars and notifications issued thereunder, we are pleased to …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a3f6c0e-33b0-4bf6-a0a2-9cf28ecb6f33.pdf) |
| 13 Feb - Q3 Dec 31, 2025: Standalone profit Rs641.92L, revenue Rs7221.92L; Consolidated profit Rs627.16L, revenue Rs9477.32L. | [Board Meeting Outcome for Outcome Of Borad Meeting - 13.02.2026 13 Feb - Q3 Dec 31, 2025: Standalone profit Rs641.92L, revenue Rs7221.92L; Consolidated profit Rs627.16L, revenue Rs9477.32L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ac96550c-587a-4923-b822-523ffcc3386d.pdf) |
| 13 Feb - Q3 (31 Dec 2025): Standalone net profit Rs 641.92L, revenue Rs 7,221.92L; consolidated net profit Rs 627.16L. | [Unaudited Standalone And Consolidated Financial Results For The Quarter 31St December,2025 13 Feb - Q3 (31 Dec 2025): Standalone net profit Rs 641.92L, revenue Rs 7,221.92L; consolidated net profit Rs 627.16L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8c45f0eb-37f1-4ca5-b362-365bc02346e1.pdf) |
| — | [Closure of Trading Window 31 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/291a35f9-de34-46a1-99cb-6a8e1bee01ef.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/16317f45-6e3c-4231-bc10-99cef7f41643.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1673c4f2-86eb-4222-b561-1668f8dc7336.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f7928d8-4f9d-4a8d-bf7f-895f7f0541c9.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/539331/75474539331.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/539331/71242539331.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/539331/66058539331.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/539331/5393310319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/539331/5393310318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/539331/5393310317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/539331/5393310316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2021 | [Concall - Feb 2021](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1bf817dd-6dbf-4b69-8f2a-747d555e987f.pdf) |
| Feb 2021 | [Concall - Feb 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1bf817dd-6dbf-4b69-8f2a-747d555e987f.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 2026-09-13T18:21:45.242Z.