---
title: "VIP Clothing Ltd (VIPCLOTHNG) — Share Price, Financials & Analysis"
symbol: "VIPCLOTHNG"
company: "VIP Clothing Ltd"
canonical: "https://tapetide.com/stocks/VIPCLOTHNG"
isin: "INE450G01024"
nse_symbol: "VIPCLOTHNG"
bse_code: "532613"
sector: "Consumer Discretionary"
industry: "Textiles & Apparels"
market_cap_cr: 189.09
generated_at: "2026-09-13T19:48:39.608Z"
---

# VIP Clothing Ltd (VIPCLOTHNG)

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

## Company

- **NSE Symbol:** VIPCLOTHNG
- **BSE Code:** 532613
- **ISIN:** INE450G01024
- **Sector:** Consumer Discretionary
- **Industry:** Textiles & Apparels
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2007-08-06
- **CEO:** Mr. Sunil Jaykumar Pathare B.com
- **Employees:** 974
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** vipclothing.in

## About

Incorporated in 1991, VIP Clothing Ltd
 is a manufacturer, marketer, and distributor
 of Men’s and Women’s inner wear and socks[1]

## Latest Price

- **Price:** ₹21.38
- **Change:** +0.12 (+0.56%)
- **Open:** ₹21.26
- **Day High:** ₹21.88
- **Day Low:** ₹20.05
- **Previous Close:** ₹21.26
- **Volume:** 69320
- **As Of:** 2026-09-11T10:01:40+00:00

## Key Fundamentals

Observed at 2026-09-11T04:42:36.970470Z.

- **Market Cap:** ₹189.09 Cr
- **Classification:** Microcap
- **P/E (reported):** 20.5
- **P/E (TTM):** 20.36
- **EPS (TTM):** ₹1.05
- **Book Value:** ₹21.57
- **Price to Book:** 1
- **Dividend Yield:** 0%
- **ROE:** 2.96%
- **ROCE:** 7.56%
- **Debt to Equity:** 0.36
- **Revenue (yearly):** ₹253.83 Cr
- **Net Income:** ₹14.5 Cr
- **EBITDA:** ₹22.89 Cr
- **52-Week High:** ₹41.2
- **52-Week Low:** ₹14.05
- **RSI (14):** 55.86

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Flat
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 50.95 | 9% |
| growth | 43.38 | 9% |
| momentum | 51.76 | 12% |
| ownership | 46.89 | 24% |
| quality | 46.86 | 22% |
| valuation | 54.36 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.99 times its book value
- Company has delivered good profit growth of 61.8% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.53% over last 3 years.
- Promoter holding has decreased over last 3 years: -3.03%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -458.2% | -384.76% | -744.14% |
| ebitda margin growth | -25.71% | 18.78% | -482.13% | 80.32% |
| net income growth | -56.82% | 163.64% | 74% | 62% |
| revenue growth | -9.62% | 6.56% | 8% | 12% |
| roce | — | -267.26% | -25.22% | 3.46% |
| roe | — | -132.35% | -0.6% | -484.42% |

## 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 | 52.35 | 44.89 | 32.38 | 50.12 | 59.23 | 62.63 | 64.91 | 65.45 | 66.07 | 50.78 | 71.54 | 64.69 |
| Expenses | 51.67 | 46.02 | 40.21 | 47.31 | 55.82 | 57.94 | 59.16 | 59.21 | 59.93 | 47.11 | 64.72 | 59.62 |
| Operating Profit | 0.68 | -1.13 | -7.83 | 2.81 | 3.41 | 4.69 | 5.75 | 6.24 | 6.14 | 3.67 | 6.82 | 5.07 |
| OPM % | 1.3 | -2.52 | -24.18 | 5.61 | 5.76 | 7.49 | 8.86 | 9.53 | 9.29 | 7.23 | 9.53 | 7.84 |
| Other Income | 0.13 | 0.1 | 0.1 | 0.14 | 0.32 | 0.24 | 0.66 | 0.15 | 0.18 | 0.52 | 0.19 | 0.16 |
| Interest | 2.3 | 2.2 | 2.51 | 1.93 | 1.98 | 1.79 | 2.36 | 2.45 | 2.23 | 2.19 | 1.91 | 1.87 |
| Depreciation | 0.68 | 0.66 | 0.7 | 0.7 | 0.69 | 0.7 | 0.85 | 0.68 | 0.68 | 0.63 | 0.64 | 0.73 |
| Profit before tax | -2.17 | -3.89 | -10.94 | 0.32 | 1.06 | 2.44 | 3.2 | 3.26 | 3.41 | 1.37 | 4.46 | 2.63 |
| Tax % | 14.29 | -13.11 | -32.36 | 25 | 24.53 | 18.44 | 24.38 | 31.9 | 34.6 | 32.12 | 0.9 | 27.38 |
| Net Profit | -2.48 | -3.38 | -7.4 | 0.23 | 0.81 | 2 | 2.42 | 2.22 | 2.24 | 0.93 | 4.42 | 1.91 |
| EPS in Rs | -0.3 | -0.41 | -0.9 | 0.03 | 0.09 | 0.22 | 0.27 | 0.25 | 0.25 | 0.1 | 0.49 | 0.21 |

### 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 | 222 | 207 | 172 | 143 | 183 | 201 | 183 | 237 | 254 | 253 |
| Expenses | 212 | 203 | 188 | 140 | 176 | 188 | 188 | 220 | 231 | 231 |
| Operating Profit | 10 | 4 | -16 | 3 | 7 | 13 | -5 | 17 | 23 | 22 |
| OPM % | 4.7 | 1.8 | -9 | 2.1 | 3.7 | 6 | -2.6 | 7 | 9 | 9 |
| Other Income | 1 | 2 | 3 | 2 | 2 | 8 | 0 | 1 | 1 | 1 |
| Interest | 11 | 9 | 10 | 11 | 10 | 9 | 9 | 8 | 9 | 8 |
| Depreciation | 3 | 3 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | -3 | -7 | -28 | -10 | -4 | 8 | -16 | 7 | 13 | 12 |
| Tax % | 18 | -5 | -46 | -89 | -46 | 20 | -22 | 22 | 22 | — |
| Net Profit | -3 | -6 | -15 | -1 | -2 | 7 | -13 | 5 | 10 | 10 |
| EPS in Rs | -0.37 | -0.75 | -1.81 | -0.13 | -0.27 | 0.8 | -1.53 | 0.61 | 1.09 | 1.05 |
| 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 | 13 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 |
| Reserves | 143 | 178 | 135 | 120 | 119 | 117 | 135 | 122 | 167 | 176 |
| Borrowings | 96 | 80 | 83 | 79 | 93 | 103 | 89 | 81 | 82 | 70 |
| Other Liabilities | 88 | 89 | 68 | 57 | 42 | 48 | 46 | 52 | 63 | 64 |
| Total Liabilities | 341 | 364 | 302 | 272 | 270 | 285 | 286 | 271 | 329 | 328 |
| Fixed Assets | 171 | 166 | 109 | 109 | 107 | 104 | 97 | 99 | 97 | 95 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 170 | 198 | 194 | 163 | 163 | 181 | 188 | 171 | 232 | 233 |
| Total Assets | 341 | 364 | 302 | 272 | 270 | 285 | 286 | 271 | 329 | 328 |

### 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 | 10 | -17 | 7 | 14 | 6 | -4 | 13 | 10 | -37 | 20 |
| Cash from Investing Activity | 12 | 3 | -1 | 3 | -1 | 0 | 11 | 0 | 4 | 2 |
| Cash from Financing Activity | -21 | 15 | -6 | -16 | -2 | 1 | -14 | -21 | 34 | -22 |
| Net Cash Flow | 1 | 1 | 0 | 2 | 2 | -3 | 10 | -11 | 0 | 0 |
| Free Cash Flow | 21 | -15 | 6 | 14 | 5 | -4 | 24 | 10 | -38 | 20 |
| CFO/OP | 75 | -163 | 189 | -92 | 198 | -51 | 111 | -224 | -223 | 89 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 84 | 107 | 106 | 103 | 154 | 120 | 122 | 116 | 152 | 138 |
| Inventory Days | 268 | 323 | 336 | 302 | 330 | 311 | 240 | 281 | 233 | 195 |
| Days Payable | 59 | 69 | 63 | 68 | 96 | 106 | 84 | 125 | 119 | 88 |
| Cash Conversion Cycle | 292 | 361 | 380 | 338 | 387 | 326 | 279 | 272 | 267 | 245 |
| Working Capital Days | 63 | 135 | 138 | 105 | 102 | 81 | 83 | 73 | 131 | 141 |
| ROCE % | 5 | 3 | 1 | -8 | 0 | 2 | 5 | -3 | 6 | 8 |

## 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 | 49.59% | 49.59% | 49.59% | 49.59% | 49.59% | 46.55% | 46.55% | 46.55% | 46.55% | 46.55% | 46.55% | 46.55% |
| FIIs | 0% | 0% | 0.12% | 0.03% | 0% | 0.45% | 0.47% | 0.48% | 0.49% | 0.46% | 0.15% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 37.61% | 39.73% | 40.82% | 40.62% | 40.47% | 40.54% | 41.42% | 41.31% | 41.37% | 41.99% | 43.86% | 44.09% |
| Others | 12.8% | 10.69% | 9.47% | 9.76% | 9.94% | 12.46% | 11.56% | 11.66% | 11.58% | 11% | 9.44% | 9.34% |
| No. of Shareholders | 32054 | 32076 | 33189 | 34336 | 32532 | 32091 | 31906 | 32564 | 32815 | 32327 | 32062 | 31542 |

## Technical Indicators

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

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

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 20.51 | Buy |
| EMA (10) | 20.76 | Buy |
| SMA (20) | 20.54 | Buy |
| EMA (20) | 20.72 | Buy |
| SMA (50) | 21.41 | Sell |
| EMA (50) | 21.45 | Sell |
| SMA (100) | 23.09 | Sell |
| EMA (100) | 22.54 | Sell |
| SMA (200) | 24.45 | Sell |
| EMA (200) | 24.96 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 57.21 | Neutral |
| MACD (12,26,9) | -0.11 | Buy |
| Stochastic (14,3,3) | 67.09 | Neutral |
| ADX (14) | 27.81 | Buy |
| Williams %R (14) | -36.46 | Neutral |
| ATR (14) | 0.96 | High Volatility |
| ROC (12) | 4.14 | Buy |
| Stoch RSI (14) | 92.41 | Sell |
| UO (7,14,28) | 49.89 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9h - 1,14,05,000 warrants lapsed on April 2, 2026; ₹12.83 crore upfront amount forfeited. | [Lapse Of 1,14,05,000 Fully Convertible Warrants And Forfeiture Of Upfront Amount 9h - 1,14,05,000 warrants lapsed on April 2, 2026; ₹12.83 crore upfront amount forfeited.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/625e94f5-fa5b-4066-bab8-f816c3331311.pdf) |
| 8 Apr - VIP Clothing clarifies recent share price movement is market-driven; no undisclosed material information. | [Clarification On Significant Movement In The Price 8 Apr - VIP Clothing clarifies recent share price movement is market-driven; no undisclosed material information.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/23bb413f-f51b-4974-840b-3393b603998f.pdf) |
| 8 Apr - Published notice on special one-year window for re-lodgment of physical share transfers, from Feb 5, 2026 to Feb 4, 2027. | [Notice With Respect To Special Window For Re-Lodgement Of Transfer Request Of Physical Shares 8 Apr - Published notice on special one-year window for re-lodgment of physical share transfers, from Feb 5, 2026 to Feb 4, 2027.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/82b76cda-8656-449d-9b74-e60c1bd5f91b.pdf) |
| 8 Apr - DP) Regulations, 2018 for the quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr - DP) Regulations, 2018 for the quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed83cf36-2264-4594-9ac4-2dcf27aaa707.pdf) |
| 7 Apr - Of Newspaper publication for Second 100 days Campaign- Shaksham Niveshak. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Apr - Of Newspaper publication for Second 100 days Campaign- Shaksham Niveshak.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8afc6f54-3143-42b5-8080-876cbd9d4387.pdf) |
| 27 Feb - Publication of newspaper advertisement for special window opened for a period of one year from 05.02.2026 to 04.02.2027 for re-lodgement of transfer of physical shares … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Feb - Publication of newspaper advertisement for special window opened for a period of one year from 05.02.2026 to 04.02.2027 for re-lodgement of transfer of physical shares …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a420124e-5f33-496f-a108-4e96c475da4e.pdf) |
| 14h - Of Newspaper publication for Second 100 days Campaign- Shaksham Niveshak. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14h - Of Newspaper publication for Second 100 days Campaign- Shaksham Niveshak.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4326985f-5e1b-4bd0-a8f4-a679448ed719.pdf) |
| 12 Sep - VIP Clothing allotted 84.75 lakh convertible warrants at Rs.22.50 each on September 12, 2026. | [Announcement under Regulation 30 (LODR)-Allotment 12 Sep - VIP Clothing allotted 84.75 lakh convertible warrants at Rs.22.50 each on September 12, 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e00a1321-6d21-4c6e-85ec-b60c99a3c564.pdf) |
| 12 Feb - Unaudited results for quarter and nine months ended Dec 31, 2025; Q3 revenue ₹5,077.59L; PAT ₹92.71L. | [Financial Results For December 31, 2025 (Quarterly) 12 Feb - Unaudited results for quarter and nine months ended Dec 31, 2025; Q3 revenue ₹5,077.59L; PAT ₹92.71L.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0252e959-133a-47fa-918d-737f91a4acb1.pdf) |
| 12 Feb - Unaudited results for quarter and nine months ended 31 Dec 2025: Qtr revenue 5,077.59; Qtr PAT 92.71; 9M PAT 538.70. | [Board Meeting Outcome for Outcome Of Board Meeting Held On February 12, 2026. 12 Feb - Unaudited results for quarter and nine months ended 31 Dec 2025: Qtr revenue 5,077.59; Qtr PAT 92.71; 9M PAT 538.70.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab9fcc09-eb3a-4a6c-bd4a-433d4a8de793.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9012d8c7-e994-41bd-90a5-ca526fc36f6b.pdf) |
| 2026-09-03 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f5ff802-e627-4c5c-9aa0-1efb95f5c461.pdf) |
| 2026-09-03 | [36Th AGM On September 28 2026(FY 2025-26)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3ba70635-6509-4110-b000-364594735f4c.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90d9ca4c-b11b-44a6-aef0-bfc736953805.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=145e356f-150c-4a14-a115-1535c276e6ef.pdf) |
| 2026-08-13 | [Board Meeting Outcome for Financial Results For June 30 2026 (Quarterly)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d6667c1-fc47-483b-980a-8ef336420263.pdf) |
| 2026-08-06 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d5033806-4ff8-40cc-a916-e1f220d96e4e.pdf) |
| 2026-08-05 | [Board Meeting Intimation for Intimation For Board Meeting For Un-Audited Result For Quarter 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f027c065-3847-45c7-be8b-520158cda626.pdf) |
| 2026-07-10 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed903202-3a62-4690-b837-eacf113aac41.pdf) |
| 2026-06-24 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=da387225-2792-40f7-817d-19756a207e03.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8945f523-79f0-4fea-8013-44513db34070.pdf) |
| 2026-05-28 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4bfaa0b1-3381-4af5-af4d-055e38426db2.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a61bc619-66b8-4bf1-ae36-317b6e4c17dd.pdf) |
| 2025-12-03 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=24938c7b-9143-4fe9-851c-650ff2a46492.pdf) |
| 2025-11-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d9855a6-16fe-421c-9b47-16f9d637ad5a.pdf) |
| 2025-08-07 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=33c39098-ea7c-43a3-be7e-e81f54484141.pdf) |
| 2025-05-25 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4223a2ff-6733-4bd5-b103-a97f3ccb433e.pdf) |
| 2025-02-13 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac5c9742-a81f-48c2-ba51-f87f9de10d13.pdf) |
| 2024-11-11 | [Pursuant To Regulation 30 Of SEBI LODR Regulations, 2015, We Enclose Herewith Investor Presentation On Financial Result For The Quarter Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65268b2b-f427-477a-87ca-3234a39067fc.pdf) |
| 2024-11-08 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=680fec63-ade5-4350-9421-29d0731f0c79.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-13 | [Financial Results For The Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ea1316c-c0f6-4eb9-ab24-c489f560d380.pdf) |
| 2026-05-27 | [Result-Financial Results For March 31 2026(Quarterly)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=033307cf-c8fc-414c-9b20-5490d66c3c15.pdf) |
| 2026-02-12 | [Financial Results For December 31 2025 (Quarterly)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0252e959-133a-47fa-918d-737f91a4acb1.pdf) |
| 2025-11-12 | [Financial Results For The Quarter Ended On September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8fd7f43-fed8-40ac-9233-26305f6c5fa8.pdf) |
| 2025-08-06 | [Results For The Quarter Ended June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f78165f7-6f01-423f-8e36-1753ae3f33ea.pdf) |
| 2025-02-12 | [Quarter And Nine Months Ended On December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37fe73f3-08ae-40bd-82e6-68ffbb305217.pdf) |
| 2024-11-08 | [September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ab8ceae8-d72b-43a0-a70c-47c63f6e162a.pdf) |
| 2024-08-14 | [Un-Audited Financial Results For The Quarter Ended On June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a0d0d596-0675-41d9-9c99-e10ec5c9b293.pdf) |
| 2023-08-10 | [Declaration Of Un-Audited Financial Results For Quarter Ended June 30, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ac4db90e-005c-48e5-a69e-e5b55bf8fb50.pdf) |
| 2023-05-26 | [Outcome Of Board Meeting Held On 26Th May, 2023 Related To Approval Of Audited Financial Results Of The Company For The Fourth Quarter And Year Ended On March 31, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=02d35605-1b1c-4987-9885-69f8925ed4de.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0d9855a6-16fe-421c-9b47-16f9d637ad5a.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/680fec63-ade5-4350-9421-29d0731f0c79.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65268b2b-f427-477a-87ca-3234a39067fc.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ecc3033e-e10d-4d5d-947b-e077af6f787f.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a8c1f1f-3e36-45d5-b85a-b7b9ff38cf93.pdf) |
| Nov 2019 | [Concall - Nov 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a8c1f1f-3e36-45d5-b85a-b7b9ff38cf93.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b9f09eae-46f4-4ca9-97ec-225226319a8a.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/b9f09eae-46f4-4ca9-97ec-225226319a8a.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4bfaa0b1-3381-4af5-af4d-055e38426db2.pdf) |
| May 2026 | [Concall - May 2026](https://www.bseindia.com/xml-data/corpfiling/AttachLive/4bfaa0b1-3381-4af5-af4d-055e38426db2.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_MAXWELL_2010_2011_15062012122020.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0239d8b9-584b-44b4-9f64-007d849347f8.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0aa52371-724c-4141-a846-6c4872005736.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f5c8e575-53a8-45b7-80d3-072d14dadc71.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532613/75636532613.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532613/70514532613.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532613/65605532613.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532613/5326130319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532613/5326130318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532613/5326130317.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2023-09-28 | [Investor / Analyst Meet](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=99e87dce-6741-4d11-b896-60f581726fce.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 2026-09-13T19:48:39.608Z.