Share Price and Basic Stock Data
Last Updated: November 22, 2025, 2:55 pm
| PEG Ratio | 1.01 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Gabriel Pet Straps Ltd operates in the textiles sector, focusing on synthetic and silk products. The company reported a revenue of ₹30.84 Cr for the financial year ending March 2025, showing a significant increase from ₹14.99 Cr in March 2023. This growth trajectory is noteworthy, especially considering the revenue was just ₹0.08 Cr in March 2021. The company’s sales figures for the trailing twelve months (TTM) indicate a robust upward trend, with quarterly sales of ₹9.82 Cr in March 2024 and ₹25.36 Cr in March 2025. The operating profit margin (OPM) improved to 9.19% in March 2025, reflecting better cost management and operational efficiency. The company’s sales growth strategy appears effective, as evidenced by the rise in operating profit from ₹0.00 Cr in March 2021 to ₹2.78 Cr in March 2025. However, the company also faced fluctuations, with sales dipping to ₹5.48 Cr in September 2024, indicating potential seasonality or market challenges that need addressing.
Profitability and Efficiency Metrics
Gabriel Pet Straps Ltd recorded a net profit of ₹1.56 Cr for the year ending March 2025, a substantial increase from ₹0.52 Cr in March 2023 and a loss of ₹0.04 Cr in March 2022. The net profit margin stood at 5.05% in March 2025, demonstrating a solid return relative to sales. The interest coverage ratio (ICR) was reported at 7.04x, indicating a strong capacity to meet interest obligations, a crucial factor for investor confidence. However, the return on equity (ROE) was relatively low at 3.07% for March 2025, which could raise concerns among shareholders about the efficiency of capital utilization. The company’s cash conversion cycle (CCC) stood at 159.42 days, reflecting potential inefficiencies in managing working capital, particularly with debtor days at 44.03 and inventory days reaching 115.40. These figures warrant attention, as improving efficiency could further enhance profitability.
Balance Sheet Strength and Financial Ratios
The balance sheet of Gabriel Pet Straps Ltd shows a market capitalization of ₹165 Cr with a price-to-earnings (P/E) ratio of 46.0, indicating a premium valuation compared to industry norms. The company’s book value per share was ₹90.61 as of March 2025, which, when compared to the current price of ₹295, results in a price-to-book value (P/BV) ratio of 2.00x. This suggests that investors are willing to pay a premium for the stock, reflecting confidence in future growth. Notably, the company reported no long-term borrowings, which implies a conservative financial structure and lower financial risk. However, the high current ratio of 884.42x and quick ratio of 728.54x indicates an excess of current assets over liabilities, which may suggest inefficiencies in asset utilization. The total debt to equity ratio at 0.02 reinforces the company’s low leverage, a positive sign for risk-averse investors.
Shareholding Pattern and Investor Confidence
As of March 2025, the shareholding pattern of Gabriel Pet Straps Ltd indicates that promoters hold a substantial 60.90% stake, reflecting strong control and commitment to the company’s direction. This is a slight decline from 69.85% in March 2024, which may raise questions about insider confidence. The public shareholding increased to 39.10%, suggesting a growing interest from retail investors, with the number of shareholders rising to 467. This growing public participation can be seen as a positive indicator of investor confidence in the company’s future prospects. However, the absence of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) could suggest a lack of institutional backing, which often brings additional credibility. As the company continues to improve its profitability and operational metrics, attracting institutional interest could be vital for future growth.
Outlook, Risks, and Final Insight
Looking ahead, Gabriel Pet Straps Ltd faces both opportunities and challenges. The significant revenue growth and improving profitability metrics indicate a positive trajectory, although the company’s efficiency ratios highlight areas needing improvement. A key risk is the relatively low ROE of 3.07%, which could deter potential investors looking for higher returns. Additionally, the cash conversion cycle remains a concern, as prolonged working capital management can strain liquidity. If the company successfully addresses these operational inefficiencies, it could enhance shareholder value and attract institutional investors. Conversely, failure to improve efficiency may hinder growth potential, especially in a competitive textiles market. Overall, while the firm is on a promising growth path, its ability to manage risks and optimize operations will be critical for sustaining investor confidence and long-term success.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Gabriel Pet Straps Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Gabriel Pet Straps Ltd | 163 Cr. | 291 | 314/98.0 | 45.4 | 96.0 | 0.00 % | 7.62 % | 5.09 % | 10.0 |
| Himatsingka Seide Ltd | 1,567 Cr. | 125 | 232/108 | 9.18 | 167 | 0.20 % | 9.04 % | 1.00 % | 5.00 |
| Eastern Silk Industries Ltd | 38.6 Cr. | 77.2 | 77.2/24.0 | 14.4 | 125 | 0.00 % | 0.45 % | 6.34 % | 2.00 |
| Industry Average | 865.00 Cr | 164.40 | 22.99 | 129.33 | 0.07% | 5.70% | 4.14% | 5.67 |
Quarterly Result
| Metric | Mar 2024 | Sep 2024 | Mar 2025 |
|---|---|---|---|
| Sales | 9.82 | 5.48 | 25.36 |
| Expenses | 9.02 | 5.01 | 23.03 |
| Operating Profit | 0.80 | 0.47 | 2.33 |
| OPM % | 8.15% | 8.58% | 9.19% |
| Other Income | 0.01 | 0.00 | 0.11 |
| Interest | 0.02 | 0.17 | 0.24 |
| Depreciation | 0.01 | 0.02 | 0.39 |
| Profit before tax | 0.78 | 0.28 | 1.81 |
| Tax % | 25.64% | 25.00% | 24.86% |
| Net Profit | 0.57 | 0.21 | 1.35 |
| EPS in Rs | 2.15 | 0.79 | 2.41 |
Last Updated: August 19, 2025, 6:30 pm
Below is a detailed analysis of the quarterly data for Gabriel Pet Straps Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Sales, as of Mar 2025, the value is 25.36 Cr.. The value appears strong and on an upward trend. It has increased from 5.48 Cr. (Sep 2024) to 25.36 Cr., marking an increase of 19.88 Cr..
- For Expenses, as of Mar 2025, the value is 23.03 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.01 Cr. (Sep 2024) to 23.03 Cr., marking an increase of 18.02 Cr..
- For Operating Profit, as of Mar 2025, the value is 2.33 Cr.. The value appears strong and on an upward trend. It has increased from 0.47 Cr. (Sep 2024) to 2.33 Cr., marking an increase of 1.86 Cr..
- For OPM %, as of Mar 2025, the value is 9.19%. The value appears strong and on an upward trend. It has increased from 8.58% (Sep 2024) to 9.19%, marking an increase of 0.61%.
- For Other Income, as of Mar 2025, the value is 0.11 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Sep 2024) to 0.11 Cr., marking an increase of 0.11 Cr..
- For Interest, as of Mar 2025, the value is 0.24 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.17 Cr. (Sep 2024) to 0.24 Cr., marking an increase of 0.07 Cr..
- For Depreciation, as of Mar 2025, the value is 0.39 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 0.02 Cr. (Sep 2024) to 0.39 Cr., marking an increase of 0.37 Cr..
- For Profit before tax, as of Mar 2025, the value is 1.81 Cr.. The value appears strong and on an upward trend. It has increased from 0.28 Cr. (Sep 2024) to 1.81 Cr., marking an increase of 1.53 Cr..
- For Tax %, as of Mar 2025, the value is 24.86%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Sep 2024) to 24.86%, marking a decrease of 0.14%.
- For Net Profit, as of Mar 2025, the value is 1.35 Cr.. The value appears strong and on an upward trend. It has increased from 0.21 Cr. (Sep 2024) to 1.35 Cr., marking an increase of 1.14 Cr..
- For EPS in Rs, as of Mar 2025, the value is 2.41. The value appears strong and on an upward trend. It has increased from 0.79 (Sep 2024) to 2.41, marking an increase of 1.62.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 23, 2025, 1:05 pm
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Oct 2023n n 3m | Mar 2024n n 8m | Mar 2025 |
|---|---|---|---|---|---|---|
| Sales | 0.08 | 9.66 | 14.99 | 4.25 | 10.72 | 30.84 |
| Expenses | 0.08 | 8.99 | 13.25 | 4.00 | 9.82 | 28.06 |
| Operating Profit | 0.00 | 0.67 | 1.74 | 0.25 | 0.90 | 2.78 |
| OPM % | 0.00% | 6.94% | 11.61% | 5.88% | 8.40% | 9.01% |
| Other Income | 0.00 | 0.02 | 0.01 | 0.27 | 0.01 | 0.11 |
| Interest | 0.00 | 0.23 | 0.37 | 0.12 | 0.02 | 0.41 |
| Depreciation | 0.00 | 0.51 | 0.58 | 0.08 | 0.01 | 0.39 |
| Profit before tax | 0.00 | -0.05 | 0.80 | 0.32 | 0.88 | 2.09 |
| Tax % | -40.00% | 35.00% | 43.75% | 26.14% | 24.88% | |
| Net Profit | 0.00 | -0.04 | 0.52 | 0.17 | 0.65 | 1.56 |
| EPS in Rs | 0.92 | 2.46 | 2.79 | |||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2022-2023 |
|---|---|
| YoY Net Profit Growth (%) | 1400.00% |
| Change in YoY Net Profit Growth (%) | 0.00% |
Gabriel Pet Straps Ltd has shown a consistent positive trend in YoY Net Profit Growth (%) in the last 1 years from 2022-2023 to 2022-2023.
Growth
Last Updated: September 5, 2025, 3:31 pm
No data available for the Balance Sheet data table.
Cash Flow
| Month | Mar 2021 | Mar 2022 | Mar 2023 | Oct 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
Financial Efficiency Indicators
| Month | Mar 2021 | Mar 2022 | Mar 2023 | Oct 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 45.72 | 48.21 | 285.99 | 34.39 | 44.03 |
| Inventory Days | 0.00 | 29.57 | 82.67 | 376.25 | 115.40 | |
| Days Payable | 16.97 | 50.87 | 175.85 | 0.00 | ||
| Cash Conversion Cycle | 0.00 | 58.32 | 80.01 | 486.38 | 34.39 | 159.42 |
| Working Capital Days | 2,920.00 | 36.65 | 39.45 | 199.25 | 219.27 | 471.16 |
| ROCE % | 6.49% | 23.33% | 6.82% | 9.51% | 7.62% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 2.78 | 2.46 | 14.84 | -1.05 | 0.00 |
| Diluted EPS (Rs.) | 2.78 | 2.46 | 14.84 | -1.05 | 0.00 |
| Cash EPS (Rs.) | 3.49 | 2.51 | 5.55 | 2.51 | 0.00 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 90.61 | 39.94 | 12.63 | 9.80 | 10.00 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 90.61 | 39.94 | 12.63 | 9.80 | 10.00 |
| Revenue From Operations / Share (Rs.) | 55.09 | 40.50 | 75.97 | 51.56 | 0.78 |
| PBDIT / Share (Rs.) | 5.16 | 3.44 | 8.84 | 3.68 | 0.00 |
| PBIT / Share (Rs.) | 4.45 | 3.38 | 5.92 | 0.96 | 0.00 |
| PBT / Share (Rs.) | 3.72 | 3.32 | 4.07 | -0.28 | 0.00 |
| Net Profit / Share (Rs.) | 2.78 | 2.46 | 2.63 | -0.19 | 0.00 |
| PBDIT Margin (%) | 9.35 | 8.48 | 11.63 | 7.12 | 0.00 |
| PBIT Margin (%) | 8.08 | 8.35 | 7.79 | 1.87 | 0.00 |
| PBT Margin (%) | 6.75 | 8.20 | 5.35 | -0.54 | 0.00 |
| Net Profit Margin (%) | 5.05 | 6.07 | 3.46 | -0.38 | 0.00 |
| Return on Networth / Equity (%) | 3.07 | 6.15 | 20.83 | -2.00 | 0.00 |
| Return on Capital Employeed (%) | 4.77 | 6.94 | 27.97 | 4.50 | 0.00 |
| Return On Assets (%) | 2.98 | 4.66 | 7.00 | -0.74 | 0.00 |
| Long Term Debt / Equity (X) | 0.02 | 0.22 | 0.67 | 1.19 | 0.00 |
| Total Debt / Equity (X) | 0.02 | 0.27 | 1.19 | 1.49 | 0.00 |
| Asset Turnover Ratio (%) | 0.93 | 1.00 | 2.43 | 3.23 | 0.00 |
| Current Ratio (X) | 884.42 | 9.07 | 1.54 | 2.12 | 8.95 |
| Quick Ratio (X) | 728.54 | 3.42 | 0.73 | 1.44 | 8.91 |
| Inventory Turnover Ratio (X) | 3.71 | 1.99 | 7.15 | 22.16 | 0.00 |
| Interest Coverage Ratio (X) | 7.04 | 56.18 | 4.77 | 2.94 | 0.00 |
| Interest Coverage Ratio (Post Tax) (X) | 4.80 | 41.20 | 2.42 | 0.84 | 0.00 |
| Enterprise Value (Cr.) | 95.54 | 35.41 | 0.00 | 0.00 | 0.00 |
| EV / Net Operating Revenue (X) | 3.10 | 3.30 | 0.00 | 0.00 | 0.00 |
| EV / EBITDA (X) | 33.10 | 38.94 | 0.00 | 0.00 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 3.28 | 3.21 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | 2.00 | 3.26 | 0.00 | 0.00 | 0.00 |
| Price / Net Operating Revenue (X) | 3.28 | 3.21 | 0.00 | 0.00 | 0.00 |
| EarningsYield | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
After reviewing the key financial ratios for Gabriel Pet Straps Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 2.78. This value is below the healthy minimum of 5. It has increased from 2.46 (Mar 24) to 2.78, marking an increase of 0.32.
- For Diluted EPS (Rs.), as of Mar 25, the value is 2.78. This value is below the healthy minimum of 5. It has increased from 2.46 (Mar 24) to 2.78, marking an increase of 0.32.
- For Cash EPS (Rs.), as of Mar 25, the value is 3.49. This value is within the healthy range. It has increased from 2.51 (Mar 24) to 3.49, marking an increase of 0.98.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 90.61. It has increased from 39.94 (Mar 24) to 90.61, marking an increase of 50.67.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 90.61. It has increased from 39.94 (Mar 24) to 90.61, marking an increase of 50.67.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 55.09. It has increased from 40.50 (Mar 24) to 55.09, marking an increase of 14.59.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 5.16. This value is within the healthy range. It has increased from 3.44 (Mar 24) to 5.16, marking an increase of 1.72.
- For PBIT / Share (Rs.), as of Mar 25, the value is 4.45. This value is within the healthy range. It has increased from 3.38 (Mar 24) to 4.45, marking an increase of 1.07.
- For PBT / Share (Rs.), as of Mar 25, the value is 3.72. This value is within the healthy range. It has increased from 3.32 (Mar 24) to 3.72, marking an increase of 0.40.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 2.78. This value is within the healthy range. It has increased from 2.46 (Mar 24) to 2.78, marking an increase of 0.32.
- For PBDIT Margin (%), as of Mar 25, the value is 9.35. This value is below the healthy minimum of 10. It has increased from 8.48 (Mar 24) to 9.35, marking an increase of 0.87.
- For PBIT Margin (%), as of Mar 25, the value is 8.08. This value is below the healthy minimum of 10. It has decreased from 8.35 (Mar 24) to 8.08, marking a decrease of 0.27.
- For PBT Margin (%), as of Mar 25, the value is 6.75. This value is below the healthy minimum of 10. It has decreased from 8.20 (Mar 24) to 6.75, marking a decrease of 1.45.
- For Net Profit Margin (%), as of Mar 25, the value is 5.05. This value is within the healthy range. It has decreased from 6.07 (Mar 24) to 5.05, marking a decrease of 1.02.
- For Return on Networth / Equity (%), as of Mar 25, the value is 3.07. This value is below the healthy minimum of 15. It has decreased from 6.15 (Mar 24) to 3.07, marking a decrease of 3.08.
- For Return on Capital Employeed (%), as of Mar 25, the value is 4.77. This value is below the healthy minimum of 10. It has decreased from 6.94 (Mar 24) to 4.77, marking a decrease of 2.17.
- For Return On Assets (%), as of Mar 25, the value is 2.98. This value is below the healthy minimum of 5. It has decreased from 4.66 (Mar 24) to 2.98, marking a decrease of 1.68.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.02. This value is below the healthy minimum of 0.2. It has decreased from 0.22 (Mar 24) to 0.02, marking a decrease of 0.20.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.02. This value is within the healthy range. It has decreased from 0.27 (Mar 24) to 0.02, marking a decrease of 0.25.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.93. It has decreased from 1.00 (Mar 24) to 0.93, marking a decrease of 0.07.
- For Current Ratio (X), as of Mar 25, the value is 884.42. This value exceeds the healthy maximum of 3. It has increased from 9.07 (Mar 24) to 884.42, marking an increase of 875.35.
- For Quick Ratio (X), as of Mar 25, the value is 728.54. This value exceeds the healthy maximum of 2. It has increased from 3.42 (Mar 24) to 728.54, marking an increase of 725.12.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.71. This value is below the healthy minimum of 4. It has increased from 1.99 (Mar 24) to 3.71, marking an increase of 1.72.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 7.04. This value is within the healthy range. It has decreased from 56.18 (Mar 24) to 7.04, marking a decrease of 49.14.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 4.80. This value is within the healthy range. It has decreased from 41.20 (Mar 24) to 4.80, marking a decrease of 36.40.
- For Enterprise Value (Cr.), as of Mar 25, the value is 95.54. It has increased from 35.41 (Mar 24) to 95.54, marking an increase of 60.13.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.10. This value exceeds the healthy maximum of 3. It has decreased from 3.30 (Mar 24) to 3.10, marking a decrease of 0.20.
- For EV / EBITDA (X), as of Mar 25, the value is 33.10. This value exceeds the healthy maximum of 15. It has decreased from 38.94 (Mar 24) to 33.10, marking a decrease of 5.84.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.28. This value exceeds the healthy maximum of 3. It has increased from 3.21 (Mar 24) to 3.28, marking an increase of 0.07.
- For Price / BV (X), as of Mar 25, the value is 2.00. This value is within the healthy range. It has decreased from 3.26 (Mar 24) to 2.00, marking a decrease of 1.26.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.28. This value exceeds the healthy maximum of 3. It has increased from 3.21 (Mar 24) to 3.28, marking an increase of 0.07.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Gabriel Pet Straps Ltd:
- Net Profit Margin: 5.05%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 4.77% (Industry Average ROCE: 5.7%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 3.07% (Industry Average ROE: 4.14%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 4.8
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 728.54
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 45.4 (Industry average Stock P/E: 22.99)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.02
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 5.05%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Textiles - Synthetic/Silk | Plot No. 23, Radhe Industrial Area, Paddhari Bypass, Behind Reliance Petrol Pump, Rajkot Gujarat 360110 | info@gabrielpetstraps.com http://www.gabrielpetstraps.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Shah Jay Pareshbhai | Chairman & Managing Director |
| Mr. Vivek Dharmendrabhai Kavathiya | Whole Time Director |
| Mr. Vimalbhai Dayabhai Varasada | Whole Time Director |
| Mrs. Aarti Jaybhai Shah | Non Exe.Non Ind.Director |
| Mr. Darshan Bhaveshbhai Vora | Ind. Non-Executive Director |
| Mr. Sandeep Patidar | Ind. Non-Executive Director |

