---
title: "Welspun Investments & Commercials Ltd (WELINV) — Share Price, Financials & Analysis"
symbol: "WELINV"
company: "Welspun Investments & Commercials Ltd"
canonical: "https://tapetide.com/stocks/WELINV"
isin: "INE389K01018"
nse_symbol: "WELINV"
bse_code: "533252"
sector: "Financial Services"
industry: "Finance"
market_cap_cr: 856.97
generated_at: "2026-09-13T18:27:48.104Z"
---

# Welspun Investments & Commercials Ltd (WELINV)

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

## Company

- **NSE Symbol:** WELINV
- **BSE Code:** 533252
- **ISIN:** INE389K01018
- **Sector:** Financial Services
- **Industry:** Finance
- **Macro Sector:** Financial Services
- **Stock Type:** EQUITY
- **Listed Since:** 2010-09-20
- **CEO:** Mr. Gajendra Nahar
- **Employees:** 2
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** welspuninvestments.com

## About

Incorporated in 2008, Welspun Investments  and Commercials Ltd deals in shares, securities, textile products and commodities[1]

## Latest Price

- **Price:** ₹2322
- **Change:** -23 (-0.98%)
- **Open:** ₹2321
- **Day High:** ₹2322
- **Day Low:** ₹2321
- **Previous Close:** ₹2345
- **Volume:** 236
- **As Of:** 2026-09-11T09:45:06+00:00

## Key Fundamentals

Observed at 2026-09-11T04:42:05.964690Z.

- **Market Cap:** ₹856.97 Cr
- **Classification:** Microcap
- **P/E (reported):** 264.1
- **P/E (TTM):** 275.77
- **EPS (TTM):** ₹8.42
- **Book Value:** ₹1840.16
- **Price to Book:** 1.21
- **Dividend Yield:** 0%
- **ROE:** 0.51%
- **ROCE:** 0.6%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹5.2 Cr
- **Net Income:** ₹3.02 Cr
- **EBITDA:** ₹4.04 Cr
- **52-Week High:** ₹2367.1
- **52-Week Low:** ₹980.35
- **RSI (14):** 71.4

## Tapetide Score

- **Score:** 42 / 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:** 19.7 (of 4473 scored stocks)
- **Confidence:** 97%
- **Data coverage:** 94%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 73.34 | 9% |
| growth | 42.16 | 9% |
| momentum | 98.9 | 12% |
| ownership | 34.86 | 24% |
| quality | 40.13 | 22% |
| valuation | 30.68 | 24% |

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

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 0.59% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -16.92% | 30.28% | -149.18% |
| ebitda margin growth | 0% | -17.24% | -14.2% | -16.13% |
| net income growth | -100% | -18.38% | -18% | 31% |
| revenue growth | 0% | -1.89% | -12% | 31% |
| roce | — | -20% | -84% | 1.71% |
| roe | — | -16.39% | 1.33% | -10.53% |

## 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 | 3.86 | 0.14 | 0.1 | 0.11 | 4.88 | 0.19 | 0.06 | 0.04 | 4.9 | 0.13 | 0.13 | 0.13 |
| Expenses | 0.07 | 0.07 | 0.18 | 0.07 | 0.06 | 0.11 | 0.09 | 0.24 | 0.33 | 0.29 | 0.31 | 0.28 |
| Operating Profit | 3.79 | 0.07 | -0.08 | 0.04 | 4.82 | 0.08 | -0.03 | -0.2 | 4.57 | -0.16 | -0.18 | -0.15 |
| OPM % | 98.19 | 50 | -80 | 36.36 | 98.77 | 42.11 | -50 | -500 | 93.27 | -123.08 | -138.46 | -115.38 |
| Other Income | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3.79 | 0.07 | -0.08 | 0.04 | 4.83 | 0.08 | -0.03 | -0.2 | 4.59 | -0.16 | -0.18 | -0.15 |
| Tax % | 24.8 | 28.57 | -25 | 50 | 25.26 | 25 | -133.33 | 5 | 23.97 | -18.75 | -27.78 | 0 |
| Net Profit | 2.86 | 0.05 | -0.06 | 0.02 | 3.61 | 0.07 | 0 | -0.2 | 3.49 | -0.13 | -0.13 | -0.15 |
| EPS in Rs | 7.83 | 0.14 | -0.16 | 0.05 | 9.88 | 0.19 | 0 | -0.55 | 9.55 | -0.36 | -0.36 | -0.41 |

### 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 | 1.37 | 1.79 | 8.3 | 1.37 | 4.22 | 7.65 | 4.13 | 5.26 | 5.2 | 5.29 |
| Expenses | 1.11 | 1.28 | 1.02 | 0.31 | 0.34 | 0.33 | 0.41 | 0.35 | 1.17 | 1.21 |
| Operating Profit | 0.26 | 0.51 | 7.28 | 1.06 | 3.88 | 7.32 | 3.72 | 4.91 | 4.03 | 4.08 |
| OPM % | 18.98 | 28.49 | 87.71 | 77.37 | 91.94 | 95.69 | 90.07 | 93.35 | 77.5 | 77.13 |
| Other Income | 0 | 0.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.02 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0.26 | 0.56 | 7.28 | 1.06 | 3.88 | 7.32 | 3.72 | 4.91 | 4.06 | 4.1 |
| Tax % | 0 | -10.71 | -0.69 | 25.47 | 36.34 | 25.14 | 25.27 | 24.64 | 25.37 | — |
| Net Profit | 0.26 | 0.61 | 7.33 | 0.79 | 2.47 | 5.48 | 2.78 | 3.7 | 3.03 | 3.08 |
| EPS in Rs | 0.71 | 1.67 | 20.06 | 2.16 | 6.76 | 15 | 7.61 | 10.12 | 8.29 | 8.42 |
| 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 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 | 3.65 |
| Reserves | 77.22 | 123.07 | 121.05 | 57.01 | 134.21 | 140.83 | 187.72 | 454.05 | 725.57 | 668.01 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0.55 | 0.48 | 0.04 | 0.06 | 0.3 | 0.77 | 3.8 | 35.66 | 90.79 | 81.07 |
| Total Liabilities | 81.42 | 127.2 | 124.74 | 60.72 | 138.16 | 145.25 | 195.17 | 493.36 | 820.01 | 752.73 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 81.29 | 126.99 | 124.45 | 58.9 | 137.84 | 144.83 | 194.62 | 493.11 | 819.82 | 746.97 |
| Other Assets | 0.13 | 0.21 | 0.29 | 1.82 | 0.32 | 0.42 | 0.55 | 0.25 | 0.19 | 5.76 |
| Total Assets | 81.42 | 127.2 | 124.74 | 60.72 | 138.16 | 145.25 | 195.17 | 493.36 | 820.01 | 752.73 |

### 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 | -0.26 | -0.29 | -0.27 | -0.26 | -0.61 | -1.31 | -2.18 | -1.3 | -1.52 | -2.01 |
| Cash from Investing Activity | -0.81 | 0.34 | 0.29 | 0.27 | 0.6 | 1.38 | 2.41 | 1 | 1.53 | 7.23 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -1.06 | 0.05 | 0.02 | 0.01 | -0.01 | 0.07 | 0.23 | -0.29 | 0 | 5.22 |
| Free Cash Flow | -0.26 | -0.29 | -0.27 | -0.26 | -0.61 | -1.31 | -2.18 | -1.3 | -1.52 | -2.01 |
| CFO/OP | -520 | -108 | -53 | -4 | -32 | -8 | -5 | -9 | -7 | -27 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | — | — | — | — | — | — |
| Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | -21.22 | -5.33 | 8.16 | 2.2 | 53.28 | 19.03 | 6.2 | 9.72 | 4.16 | 0 |
| ROCE % | 0.1 | 0.25 | 0.41 | 7.85 | 1.07 | 2.75 | 4.36 | 1.15 | 0.83 | 0.58 |

## 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 | 74.58% | 74.58% | 74.58% | 74.58% | 74.58% | 74.58% | 74.58% | 74.58% | 74.58% | 74.58% | 74.58% | 74.58% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.13% | 0.01% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% | 0.1% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 20.62% | 20.45% | 20.32% | 20.24% | 20.62% | 20.03% | 15.32% | 16.26% | 15.93% | 15.3% | 15.26% | 15.94% |
| Others | 4.66% | 4.96% | 4.97% | 5.04% | 4.66% | 5.25% | 9.97% | 9.03% | 9.36% | 9.98% | 10.02% | 9.37% |
| No. of Shareholders | 13549 | 13528 | 13615 | 13420 | 13549 | 13637 | 13627 | 13451 | 13411 | 13459 | 13170 | 12889 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 3 / 4

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2254.9 | Buy |
| EMA (10) | 2267.35 | Buy |
| SMA (20) | 2167.42 | Buy |
| EMA (20) | 2181.39 | Buy |
| SMA (50) | 1968.22 | Buy |
| EMA (50) | 2016.63 | Buy |
| SMA (100) | 1833.44 | Buy |
| EMA (100) | 1847.69 | Buy |
| SMA (200) | 1561.86 | Buy |
| EMA (200) | 1622.56 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 68.44 | Neutral |
| MACD (12,26,9) | 110.43 | Buy |
| Stochastic (14,3,3) | 88.46 | Sell |
| ADX (14) | 41.72 | Buy |
| Williams %R (14) | -18.11 | Sell |
| ATR (14) | 71.71 | High Volatility |
| ROC (12) | -0.79 | Sell |
| Stoch RSI (14) | 38.11 | Neutral |
| UO (7,14,28) | 75.35 | Sell |

## 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=086a9566-4b76-4df5-82f1-a9c63b76d83e.pdf) |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ebefd55b-263d-4df5-8640-c00d15677661.pdf) |
| 2026-09-04 | [Intimation Of Book Closure Pursuant To Regulation 42 Of The Securities & Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5a6d8c15-e04f-4123-87cf-97a8198db0cb.pdf) |
| 2026-09-04 | [Notice Of AGM And Annual Report For The FYE 2025-26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b13e40cd-277d-4fa6-ae1b-ea3a25042121.pdf) |
| 2026-09-04 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba4d7206-2a4e-4b0c-a138-56e61b244b3b.pdf) |
| 2026-09-03 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=68a5bd8c-cff5-4df8-bfbe-444eac5d7d0c.pdf) |
| 2026-09-01 | [Board Meeting Outcome for Acquisition Of 100% Equity Stake In Vishwakarma Realty Private Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=55991dd1-b1f7-4350-b29d-3b2b7c586f31.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1cbe4d9-7e0a-435a-9ee0-799542e142be.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Updates on Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=54d55e01-35cc-4e6e-b3a4-c9b6bc2c21a3.pdf) |
| 2026-08-26 | [Updates Under Regulation 30 Of SEBI LODR](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=37d2bf14-2f60-4b6d-8a74-3b6231cfd8ed.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-04 | [Outcome Of The Meeting Of The Board Of Directors Of Welspun Investments And Commercials Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e305c035-d150-4666-9380-0cda75627df0.pdf) |
| 2026-05-22 | [Outcome Of The Meeting Of The Board Of Directors ("Board") Of Welspun Investments And Commercials Limited ("Wlcl/The Company")](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3262fb55-e8ca-4347-b1e4-d054057e9fe8.pdf) |
| 2026-02-04 | [Outcome Of The Meeting Of The Board Of Directors Of Welspun Investments And Commercials Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed142a16-47f3-4106-962a-2b7729ca100c.pdf) |
| 2025-11-05 | [Unaudited Financial Statements Asset And Liability Statement And Cash Flow Statement Along With Limited Review Report For Quarter And Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=872ae974-c4ba-4efb-883c-c5432a75dc24.pdf) |
| 2025-08-13 | [Outcome Of The Meeting Of The Board Of Directors (Board) Of Welspun Investments And Commercials Limited (WICL/The Company)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed777e39-fbda-4aa7-9c5b-a74705e55ac5.pdf) |
| 2025-05-20 | [Outcome Of The Meeting Of The Board Of Directors ("Board") Of Welspun Investments And Commercials Limited](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1f45005a-ad3f-4f67-b37f-3104da74937b.pdf) |
| 2025-01-29 | [Un-Audited Financial Results For The Quarter And The Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d384d4f-95a6-4b82-9468-d4cd9d0f46bd.pdf) |
| 2024-11-06 | [Un-Audited Financial Results For The Quarter And The Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e0f46ff6-f874-46e2-ad92-0a88a50154fb.pdf) |
| 2024-08-07 | [Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b95b4cb8-6861-4034-b3c0-6a4a5c3b90ee.pdf) |
| 2024-05-15 | [Outcome Of The Meeting Of The Board Of Directors ('Board') Of Welspun Investments And Commercials Limited ('WICL/The Company')](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31380b09-4ccb-4c8f-b793-f070e2ca3308.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Jan - Certificate issued by NDML, RTA of the Company confirming compliance with Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for quarter ended December 31, … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Jan - Certificate issued by NDML, RTA of the Company confirming compliance with Regulation 74(5) of SEBI (Depository and Participants) Regulations, 2018 for quarter ended December 31, …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c31af19-6346-4962-88b7-a9952c9a007c.pdf) |
| 31 Dec 2025 - Trading window closed Jan 01, 2026 until 48 hours after Board meeting for unaudited results. | [Closure of Trading Window 31 Dec 2025 - Trading window closed Jan 01, 2026 until 48 hours after Board meeting for unaudited results.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7135ae75-9d31-4b3c-a543-f6c10e65c597.pdf) |
| 30 Jan - Board meeting Feb 4, 2026 to approve unaudited Q3/9M results; trading window closed Jan 1–Feb 6, 2026. | [Board Meeting Intimation for Notice Of Board Meeting Pursuant To Regulation 29 Of The SEBI (LODR) Regulations, 2015 30 Jan - Board meeting Feb 4, 2026 to approve unaudited Q3/9M results; trading window closed Jan 1–Feb 6, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/998953f7-2303-4ccb-96e7-89e638daa9a0.pdf) |
| 21 Apr - Certificate issued by the RTA of the Company confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 21 Apr - Certificate issued by the RTA of the Company confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/775c9da2-89f7-4dfc-8843-3b16fe462ddc.pdf) |
| 1d - Certificate issued by the RTA of the Company confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March … | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 1d - Certificate issued by the RTA of the Company confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March …](https://www.bseindia.com/xml-data/corpfiling/AttachLive/775c9da2-89f7-4dfc-8843-3b16fe462ddc.pdf) |
| 10 Feb - Copy of newpaper publication w.r.t. unaudited financial results of Welspun Investments and Commercials Limited for the quarter and nine months ended December 31, 2025. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Feb - Copy of newpaper publication w.r.t. unaudited financial results of Welspun Investments and Commercials Limited for the quarter and nine months ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3ee2bd15-9f45-4dfe-9aed-7ecbc3cb3f7b.pdf) |
| — | [Closure of Trading Window 30 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cfd5d111-d800-44d9-989d-3e9a224af394.pdf) |
| — | [Outcome Of The Meeting Of The Board Of Welspun Investments And Commercials Limited 4 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ed142a16-47f3-4106-962a-2b7729ca100c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_1038_WELINV_2012_2013_19082013172010.zip) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/380d4dba-3148-4903-88c7-23c0192385a8.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d802e3a3-016c-4c2f-998f-387c536bda78.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533252/75247533252.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533252/71651533252.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/533252/66760533252.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/533252/5332520319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/533252/5332520318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/533252/5332520317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/533252/5332520316.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 2026-09-13T18:27:48.104Z.