Total Returns (Price + Dividend) 
Company does not have enough history
Risk Adjusted Returns v/s 
Returns Beta
Beta has not been calculated since enough price history is not available
News
No Recent News for the Company
Announcements 
Closure of Trading Window
24-Sep-2026 | Source : BSEIntimation of Trading Window Closure.
Shareholder Meeting / Postal Ballot-Outcome of AGM
24-Sep-2026 | Source : BSEProceedings of 3rd Annual General Meeting held on September 24 2026.
Shareholder Meeting / Postal Ballot-Scrutinizers Report
24-Sep-2026 | Source : BSEVoting Results
Corporate Actions 
No Upcoming Board Meetings
No Dividend history available
No Splits history available
No Bonus history available
No Rights history available
Quality key factors 
Factor
Value
Sales Growth (5y)
0
EBIT Growth (5y)
0
EBIT to Interest (avg)
5.13
Debt to EBITDA (avg)
2.43
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.52
Tax Ratio
17.98%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
4.97%
ROCE (avg)
17.26%
ROE (avg)
0
Valuation key factors
Factor
Value
P/E Ratio
17
Industry P/E
41
Price to Book Value
2.94
EV to EBIT
15.34
EV to EBITDA
14.87
EV to Capital Employed
2.20
EV to Sales
1.91
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
14.31%
ROE (Latest)
17.63%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
RSI
Bearish
Bollinger Bands
Bullish
KST
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
Mildly Bearish
Bullish
Shareholding Snapshot : Mar 2026
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 0 Schemes
FIIs
Held by 1 FIIs (4.76%)
Promoter with highest holding
Rajnikant Indubhai Thakar (29.18%)
Highest Public shareholder
Mansi Share & Stock Broking Private Limited (11.91%)
Individual Investors Holdings
14.07%