Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q2 FY22
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 463 | 458 | 478 | 461 | 447 | 429 | 445 | 424 | 387 | 366 | 341 | 335 | 311 | 297 | 314 | 311 | 305 | 324 | 334 | 332 |
| Other income | 162 | −32.9 | 84.3 | 45.2 | 118 | 72 | 38.4 | 95.8 | 94.8 | 74.5 | 79.5 | 55.7 | 77.8 | 32.2 | 49.1 | 76.6 | −30.8 | 23.5 | 18.7 | 40.2 |
| Total expenses | 219 | 206 | 201 | 191 | 193 | 196 | 184 | 185 | 177 | 172 | 157 | 154 | 149 | 148 | 140 | 138 | 133 | 138 | 104 | 142 |
| EBITDA | 258 | 266 | 290 | 283 | 266 | 244 | 274 | 250 | 220 | 205 | 194 | 192 | 170 | 158 | 183 | 182 | 182 | 196 | 240 | 200 |
| EBITDA margin | 55.6% | 58.1% | 60.6% | 61.3% | 59.5% | 56.9% | 61.6% | 59.0% | 57.0% | 56.0% | 56.9% | 57.3% | 54.6% | 53.2% | 58.3% | 58.6% | 59.6% | 60.6% | 71.9% | 60.4% |
| Finance costs | 1.1 | 1.2 | 1.2 | 1.3 | 1.3 | 1.1 | 1.7 | 1.4 | 1.4 | 1.7 | 1.5 | 1.7 | 0.8 | 0.8 | 0.9 | 1 | 1.1 | 1.2 | 1.2 | 1.2 |
| Depreciation | 12.8 | 13 | 11.7 | 10.8 | 10.3 | 9.8 | 11.1 | 9.8 | 9.1 | 10.1 | 8.8 | 9.2 | 6.6 | 8.4 | 8.6 | 8.4 | 8.8 | 9 | 8.8 | 8.9 |
| Profit before tax | 406 | 219 | 358 | 316 | 372 | 305 | 300 | 335 | 305 | 268 | 264 | 237 | 240 | 181 | 223 | 249 | 141 | 209 | 249 | 231 |
| Tax | 96.6 | 32.3 | 88.8 | 74.3 | 95.2 | 77 | 75.4 | 92.8 | 68.8 | 59.2 | 54.2 | 58.7 | 55.7 | 45.4 | 56.4 | 57.7 | 38 | 50.8 | 62.7 | 57.4 |
| Net profit | 309 | 187 | 270 | 241 | 277 | 228 | 224 | 242 | 236 | 208 | 209 | 178 | 185 | 136 | 166 | 192 | 103 | 159 | 186 | 173 |
| Net margin | 66.9% | 40.8% | 56.4% | 52.3% | 61.9% | 53.2% | 50.4% | 57.1% | 61.0% | 57.0% | 61.3% | 53.2% | 59.3% | 45.7% | 52.9% | 61.6% | 33.8% | 49.0% | 55.7% | 52.1% |
| EPS (₹) | 10.72 | 6.48 | 9.33 | 8.36 | 9.60 | 7.91 | 7.78 | 8.41 | 8.18 | 7.23 | 7.27 | 6.18 | 6.41 | 4.71 | 5.77 | 6.66 | 3.57 | 5.50 | 6.47 | 6.01 |
| Net profit YoY | +11.7% | −18.0% | +20.1% | −0.4% | +17.6% | +9.5% | +7.2% | +36.1% | +27.7% | +53.7% | +25.9% | −7.1% | +79.5% | −14.5% | −10.7% | +10.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 |
|---|---|---|---|---|---|
| Revenue from operations | 1,845 | 1,685 | 1,353 | 1,227 | 1,293 |
| Other income | 214 | 301 | 287 | 127 | 116 |
| Total expenses | 791 | 741 | 632 | 560 | 514 |
| EBITDA | 1,105 | 989 | 761 | 705 | 820 |
| EBITDA margin | 59.9% | 58.7% | 56.2% | 57.5% | 63.4% |
| Finance costs | 5 | 5.7 | 5.6 | 3.9 | 4.9 |
| Depreciation | 45.8 | 39.8 | 34.6 | 34.3 | 35.6 |
| Profit before tax | 1,266 | 1,245 | 1,008 | 794 | 895 |
| Tax | 290 | 314 | 228 | 197 | 222 |
| Net profit | 975 | 931 | 780 | 596 | 673 |
| Net margin | 52.8% | 55.2% | 57.7% | 48.6% | 52.0% |
| EPS (₹) | 33.76 | 32.26 | 27.09 | 20.71 | 23.36 |
| Net profit YoY | +4.8% | +19.3% | +30.8% | −11.4% | – |
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 | FY23 | FY22 |
|---|---|---|---|---|---|
| Operating cash flow | 812 | 708 | 685 | 437 | 563 |
| Investing cash flow | −94.6 | −305 | −511 | −134 | −298 |
| Financing cash flow | −703 | −399 | −169 | −335 | −256 |
| Capital expenditure | 47.5 | 31.3 | 30.6 | 19 | 16.4 |
| Free cash flow (CFO − capex) | 764 | 677 | 654 | 418 | 547 |
Net profit trend
annual, ₹ croreFY22
₹673
FY23
₹596−11%
FY24
₹780+31%
FY25
₹931+19%
FY26
₹975+5%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 21 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 21 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 23 Apr 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 23 Apr 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 22 Jan 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 22 Jan 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 24 Oct 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 24 Oct 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated | 24 Jul 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 24 Jul 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 20.1×29.1×
P/B5Y avg 5.23×7.25×
ROEFY26, on average equity25.1%
Net margin52.8%
Debt / equity0.00×
Revenue CAGR (3Y)14.6%
Profit CAGR (3Y)17.8%
EPS (TTM)₹34.89
Market cap₹29,299 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
7.25×
vs 9-point avg 5.23× (+38%)
3.57× low5.23× avg7.25× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹4,415 Cr+7%
Net worth₹4,042 Cr+8%
Total borrowings₹0 Cr
Cash & bank balances₹58 Cr+34%
Investments₹3,946 Cr+7%
Inventories₹0 Cr
Trade receivables₹55 Cr−6%
Change vs the same date a year earlier.