Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 FY24
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,809 | 1,909 | 1,934 | 1,953 | 1,776 | 1,935 | 2,342 | 2,029 | 1,767 | 1,757 |
| Other income | 4.6 | 12.9 | 1.2 | 4.8 | 7.1 | 14.3 | 3.3 | 2 | 1.7 | 2.4 |
| Total expenses | 1,746 | 1,819 | 1,843 | 1,873 | 1,708 | 1,843 | 2,266 | 1,967 | 1,753 | 1,761 |
| EBITDA | 115 | 169 | 136 | 125 | 112 | 136 | 117 | 103 | 74.1 | 59.8 |
| EBITDA margin | 6.4% | 8.9% | 7.0% | 6.4% | 6.3% | 7.0% | 5.0% | 5.1% | 4.2% | 3.4% |
| Finance costs | 29.5 | 51.2 | 26.2 | 29.8 | 27.5 | 28.4 | 27.4 | 25.1 | 44.1 | 44.8 |
| Depreciation | 22.8 | 28.7 | 18.5 | 16.5 | 15.6 | 15.8 | 12.5 | 16.1 | 16.2 | 18.8 |
| Profit before tax | 67.8 | 103 | 89.1 | 83.9 | 75.6 | 106 | 80.1 | 64.1 | 15.5 | −1.4 |
| Tax | 22.4 | 64.9 | 25.4 | 21 | 19.8 | 27.3 | 22.6 | 16.6 | 4.3 | 1 |
| Net profit | 45.4 | 37.6 | 63.7 | 62.9 | 55.8 | 78.6 | 57.5 | 47.6 | 11.2 | −2.4 |
| Net margin | 2.5% | 2.0% | 3.3% | 3.2% | 3.1% | 4.1% | 2.5% | 2.3% | 0.6% | -0.1% |
| EPS (₹) | 1.76 | 1.46 | 2.38 | 2.23 | 2.02 | 2.81 | 2.05 | 1.70 | 0.46 | -0.10 |
| Net profit YoY | −18.7% | −52.1% | +10.9% | +32.3% | +398.6% | +3367.5% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 7,571 | 8,073 | 7,669 |
| Other income | 26 | 20.9 | 6.3 |
| Total expenses | 7,243 | 7,828 | 7,657 |
| EBITDA | 542 | 431 | 242 |
| EBITDA margin | 7.2% | 5.3% | 3.2% |
| Finance costs | 135 | 125 | 173 |
| Depreciation | 79.2 | 60.6 | 57.9 |
| Profit before tax | 351 | 266 | 12.8 |
| Tax | 131 | 70.9 | 11 |
| Net profit | 220 | 195 | 1.8 |
| Net margin | 2.9% | 2.4% | 0.0% |
| EPS (₹) | 8.16 | 7.19 | 0.07 |
| Net profit YoY | +13.0% | +10553.7% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Operating cash flow | 362 | −678 | 186 |
| Investing cash flow | −331 | −182 | −54.5 |
| Financing cash flow | 9.9 | 922 | −132 |
| Capital expenditure | 349 | 130 | 46 |
| Free cash flow (CFO − capex) | 12.5 | −809 | 140 |
Net profit trend
annual, ₹ croreFY24
₹1.8
FY25
₹195+10554%
FY26
₹220+13%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 23 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 23 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated | 14 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 14 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 29 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 29 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 4 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 4 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 29 Jul 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 29 Jul 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 47.7×95.4×
P/B5Y avg 7.05×12.03×
ROEFY26, on average equity13.7%
Net margin2.9%
Debt / equity0.69×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹7.50
Market cap₹20,001 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
12.03×
vs 4-point avg 7.05× (+71%)
5.55× low7.05× avg12.03× high
History points are balance-sheet dates (2024 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹4,154 Cr+18%
Net worth₹1,663 Cr+8%
Total borrowings₹1,146 Cr+28%
Cash & bank balances₹129 Cr+46%
Investments₹0 Cr+0%
Inventories₹748 Cr+30%
Trade receivables₹1,802 Cr+3%
Trade payables₹804 Cr+32%
Change vs the same date a year earlier.