Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q1 FY18
| ₹ 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 | Q1 FY22 | Q4 FY21 | Q3 FY21 | Q2 FY21 | Q1 FY21 | Q4 FY20 | Q3 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q1 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 127 | 136 | 133 | 136 | 132 | 137 | 133 | 127 | 128 | 131 | 125 | 127 | 123 | 119 | 112 | 115 | 103 | 92.8 | 87.2 | 85.3 | 85.7 | 74.2 | 71.1 | 59.4 | 62.8 | 114 | 114 | 109 | 106 | 108 | 98.4 |
| Other income | 2.8 | 11.7 | 2.7 | 3 | 2.9 | 2.5 | 2.8 | 3.4 | 3.2 | 2.3 | 2 | 2 | 3.2 | 1.9 | 2.3 | 1.9 | 2 | 2 | 1.9 | 2 | 2.4 | 1.6 | 2.6 | 4 | 3.4 | 0.8 | 0.9 | 2.3 | 4.1 | 7.2 | 1.4 |
| Total expenses | 87.1 | 118 | 105 | 99.4 | 89.1 | 97.5 | 92.2 | 87 | 89.3 | 87.8 | 86.7 | 87 | 82.2 | 83.5 | 80.9 | 73.3 | 70.8 | 68 | 66.2 | 68.1 | 63.1 | 63.4 | 58.2 | 58.6 | 61.3 | 82.3 | 77.8 | 73.4 | 69.6 | 69.3 | 67.1 |
| EBITDA | 46.1 | 34.4 | 44.8 | 48.4 | 51.2 | 46.4 | 48.3 | 48.5 | 47.7 | 50.7 | 45.9 | 48.4 | 49.2 | 44.6 | 39.9 | 51.6 | 42.2 | 34.4 | 30.9 | 26.8 | 32 | 20.1 | 22.5 | 10.9 | 11.4 | 41.6 | 45.3 | 39.7 | 40.8 | 42.7 | 34.8 |
| EBITDA margin | 36.3% | 25.3% | 33.7% | 35.6% | 38.9% | 34.0% | 36.2% | 38.2% | 37.2% | 38.7% | 36.8% | 38.1% | 40.2% | 37.4% | 35.6% | 44.8% | 40.9% | 37.0% | 35.4% | 31.4% | 37.3% | 27.1% | 31.7% | 18.4% | 18.1% | 36.5% | 39.9% | 36.4% | 38.4% | 39.6% | 35.4% |
| Finance costs | 0.4 | 2 | 2.4 | 2.2 | 1 | 0.7 | 0.8 | 0.8 | 0.9 | 0.3 | 0.4 | 0.4 | 0.4 | 0.5 | 0.6 | 0.6 | 0.7 | 0.9 | 0.9 | 1 | 1 | 1.1 | 1.1 | 1.3 | 1.3 | 1.4 | 1.4 | 0 | 0 | 0 | 0 |
| Depreciation | 5.7 | 14.6 | 14.5 | 9.4 | 7.5 | 6.5 | 6.5 | 7.5 | 8 | 7.2 | 7.5 | 7.8 | 8.4 | 8.2 | 8.2 | 9 | 9.2 | 8.7 | 9 | 8.6 | 8.3 | 8.2 | 8.5 | 8.9 | 8.5 | 8.7 | 8.1 | 4.1 | 4.2 | 4.2 | 3.6 |
| Profit before tax | 42.8 | 29.5 | 18.9 | 39.8 | 45.5 | 41.7 | 43.8 | 43.6 | 42 | 11.8 | 40 | 42.3 | 43.5 | 49.5 | 33.5 | 43.9 | 34.3 | 26.8 | 22.9 | 19.2 | 25 | 12.5 | 15.5 | 4.8 | 4.9 | 32.3 | 36.8 | 37.9 | 40.7 | 45.7 | 32.6 |
| Tax | 12.3 | 8.2 | 4.9 | 10.2 | 11.6 | 11.5 | 11.4 | 11.1 | 10.8 | 11.6 | 9.1 | 10.8 | 11.4 | 13.2 | 8.3 | 10.8 | 9.2 | 7 | 5.9 | 5 | 6.7 | 1.6 | 4.6 | 2.7 | 1.4 | 8.6 | 9.7 | 11.5 | 14.2 | 15.4 | 10.7 |
| Net profit | 30.5 | 21.4 | 13.9 | 29.6 | 33.9 | 30.2 | 32.4 | 32.5 | 31.2 | 0.2 | 30.9 | 31.5 | 32.1 | 36.3 | 25.2 | 33.1 | 25.2 | 19.8 | 17 | 14.2 | 18.4 | 10.9 | 10.9 | 2 | 3.6 | 23.7 | 27 | 26.4 | 26.5 | 30.3 | 21.9 |
| Net margin | 24.0% | 15.7% | 10.5% | 21.7% | 25.8% | 22.1% | 24.3% | 25.5% | 24.3% | 0.2% | 24.8% | 24.8% | 26.2% | 30.4% | 22.5% | 28.7% | 24.4% | 21.4% | 19.5% | 16.7% | 21.4% | 14.7% | 15.3% | 3.4% | 5.7% | 20.8% | 23.8% | 24.2% | 24.9% | 28.1% | 22.3% |
| EPS (₹) | 20.40 | 14.32 | 9.34 | 19.84 | 22.74 | 20.26 | 21.68 | 21.75 | 20.89 | 0.13 | 20.72 | 21.12 | 21.51 | 24.32 | 16.89 | 22.18 | 16.86 | 13.28 | 11.38 | 9.53 | 12.30 | 7.29 | 7.31 | 1.37 | 2.38 | 15.86 | 18.10 | 17.69 | 17.74 | 20.27 | 14.68 |
| Net profit YoY | −10.3% | −29.3% | −56.9% | −8.8% | +8.8% | +14910.0% | +4.6% | +3.0% | −2.9% | −99.4% | +22.7% | −4.8% | +27.6% | +83.1% | +48.5% | +132.7% | +37.1% | +82.0% | +55.6% | +595.3% | +416.1% | −54.0% | −59.6% | – | −86.5% | −10.6% | −10.7% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY27 | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 532 | 529 | 511 | 469 | 368 | 290 | 412 | 433 | 381 |
| Other income | 20.7 | 11.7 | 9.6 | 9.2 | 7.9 | 10.7 | 5.8 | 9 | 4.5 |
| Total expenses | 410 | 366 | 351 | 320 | 273 | 243 | 298 | 280 | 248 |
| EBITDA | 173 | 194 | 193 | 186 | 134 | 85.5 | 152 | 170 | 148 |
| EBITDA margin | 32.5% | 36.8% | 37.7% | 39.5% | 36.4% | 29.5% | 37.0% | 39.2% | 38.9% |
| Finance costs | 6.9 | 3.4 | 1.9 | 2.1 | 3.4 | 4.5 | 5.5 | 0 | 0 |
| Depreciation | 44.2 | 28 | 30.5 | 33.8 | 35.4 | 34 | 32.4 | 16.7 | 14.4 |
| Profit before tax | 131 | 175 | 136 | 170 | 103 | 57.8 | 120 | 162 | 138 |
| Tax | 35.6 | 45.6 | 42.3 | 43.7 | 27 | 15.6 | 33.5 | 55.6 | 49.2 |
| Net profit | 95.4 | 129 | 93.8 | 127 | 76.2 | 42.2 | 86.8 | 106 | 89.2 |
| Net margin | 17.9% | 24.4% | 18.4% | 27.0% | 20.7% | 14.5% | 21.1% | 24.6% | 23.4% |
| EPS (₹) | 63.90 | 86.44 | 62.87 | 84.90 | 51.04 | 28.27 | 58.16 | 71.27 | 59.74 |
| Net profit YoY | −26.1% | +37.5% | −25.9% | +66.3% | +80.5% | −51.4% | −18.4% | – | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY27 | FY26 | FY25 | FY24 | FY23 |
|---|---|---|---|---|---|
| Operating cash flow | 99.2 | 145 | 156 | 133 | 118 |
| Investing cash flow | 54.9 | −7.8 | −65.6 | 13.2 | −73.2 |
| Financing cash flow | −163 | −146 | −94.3 | −132 | −64.2 |
| Capital expenditure | 6 | 6.4 | 3.3 | 19.6 | 17.6 |
| Free cash flow (CFO − capex) | 93.1 | 138 | 153 | 114 | 101 |
Net profit trend
annual, ₹ croreFY22
₹42.2
FY23
₹76.2+81%
FY24
₹127+66%
FY25
₹93.8−26%
FY26
₹129+37%
FY27
₹95.4−26%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated · audited | 29 Jul 2026 | PDF XBRL |
| Q1 FY27 | Standalone · audited | 29 Jul 2026 | PDF XBRL |
| Q4 FY26 | Consolidated | 29 Apr 2026 | PDF XBRL |
| Q4 FY26 | Standalone | 29 Apr 2026 | PDF XBRL |
| Q3 FY26 | Consolidated | 29 Jan 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 29 Jan 2026 | PDF XBRL |
| Q2 FY26 | Consolidated | 5 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 5 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Consolidated · audited | 31 Jul 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone · audited | 31 Jul 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 18.8×17.4×
P/B5Y avg 7.24×6.62×
ROEFY27, on average equity36.1%
Net margin17.9%
Debt / equity0.00×
Revenue CAGR (3Y)4.3%
Profit CAGR (3Y)-9.0%
EPS (TTM)₹63.90
Market cap₹1,657 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
6.62×
vs 8-point avg 7.24× (−9%)
4.98× low7.24× avg9.13× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 30 Jun 2026
Total assets₹375 Cr−17%
Net worth₹250 Cr−10%
Total borrowings₹0 Cr
Cash & bank balances₹24 Cr−25%
Investments₹26 Cr−66%
Inventories₹0 Cr
Trade receivables₹122 Cr+37%
Trade payables₹27 Cr−32%
Change vs the same date a year earlier.