Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY17
| ₹ 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 | Q2 FY20 | Q1 FY20 | Q4 FY19 | Q3 FY19 | Q2 FY19 | Q1 FY19 | Q4 FY17 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 258 | 215 | 174 | 200 | 192 | 136 | 156 | 200 | 209 | 206 | 196 | 199 | 222 | 186 | 188 | 219 | 254 | 260 | 252 | 221 | 188 | 196 | 193 | 146 | 99.2 | 147 | 165 | 160 | 151 | 154 | 164 | 175 | 163 | 159 |
| Other income | 3.3 | 5.6 | 2.9 | 3.5 | 3.3 | 7 | 6.3 | 6.6 | 6.5 | 3.8 | 3.9 | 4 | 11.1 | 4.1 | 3.7 | 3.1 | 3 | 2.5 | 1.7 | 0.7 | 0.1 | 0 | 0.1 | 0.1 | 0.1 | 0.2 | 0 | 0.2 | 0.3 | 0.8 | 0.3 | 0.2 | 0.1 | 0.5 |
| Total expenses | 227 | 188 | 157 | 181 | 174 | 122 | 143 | 187 | 186 | 188 | 182 | 185 | 206 | 165 | 156 | 184 | 204 | 199 | 184 | 160 | 139 | 156 | 165 | 129 | 93.2 | 134 | 143 | 146 | 132 | 137 | 142 | 152 | 140 | 140 |
| EBITDA | 39.4 | 35.6 | 25 | 26.7 | 26.9 | 23.6 | 22.5 | 23.4 | 33.9 | 30.4 | 27.3 | 26.5 | 25.1 | 31.3 | 42.3 | 43.2 | 58.1 | 68.7 | 76.2 | 68.4 | 56.3 | 48.2 | 36.5 | 25.7 | 15 | 21.7 | 30.6 | 23.7 | 29.4 | 27.2 | 31.9 | 32.4 | 32.2 | 29.2 |
| EBITDA margin | 15.3% | 16.5% | 14.4% | 13.4% | 14.0% | 17.3% | 14.4% | 11.7% | 16.2% | 14.8% | 13.9% | 13.3% | 11.3% | 16.8% | 22.5% | 19.7% | 22.9% | 26.4% | 30.2% | 31.0% | 30.0% | 24.6% | 19.0% | 17.6% | 15.2% | 14.8% | 18.5% | 14.8% | 19.4% | 17.7% | 19.5% | 18.5% | 19.8% | 18.4% |
| Finance costs | 3 | 2.7 | 2.5 | 3.4 | 4 | 3.3 | 3.5 | 4.6 | 4.8 | 5.1 | 6.1 | 5.3 | 2.5 | 3 | 2 | 0.8 | 0.6 | 0.3 | 0.3 | 0.3 | 0.3 | 1.2 | 1.4 | 1.8 | 2 | 2 | 1.7 | 2.7 | 2.9 | 2.9 | 2.5 | 1.9 | 2.1 | 2.2 |
| Depreciation | 5.2 | 5.5 | 5 | 5.2 | 4.9 | 5.6 | 5.7 | 5.5 | 5.7 | 7.2 | 6.8 | 6.9 | 6.8 | 7.5 | 7.4 | 7.5 | 7.4 | 7.4 | 7.3 | 7.3 | 7.4 | 7.5 | 7.4 | 7.1 | 7 | 7.2 | 6.8 | 6.8 | 6.7 | 7 | 7.6 | 7.2 | 7.1 | 7.5 |
| Profit before tax | 34.5 | 32.9 | 20.3 | 21.6 | 21.3 | 21.8 | 19.6 | 19.9 | 29.9 | 21.9 | 18.2 | 18.3 | 26.9 | 24.9 | 36.5 | 38.1 | 53 | 63.4 | 70.2 | 61.6 | 48.8 | 39.6 | 27.9 | 16.8 | 6.1 | 12.6 | 22.1 | 14.3 | 20.1 | 18 | 22.1 | 23.5 | 23.2 | 20.1 |
| Tax | 8.8 | 8.4 | 5.2 | 5.7 | 5.4 | 5.9 | 5.3 | 5.9 | 8.3 | 5.8 | 5.2 | 5.2 | 6.2 | 6.7 | 9.7 | 10 | 14.2 | 16.7 | 18.4 | 16.1 | 12.9 | 10.7 | 6.8 | 3.9 | 1.1 | 2.2 | 5.8 | 2.5 | 6.3 | 4.7 | 6 | 6.5 | 6.5 | 4.1 |
| Net profit | 25.7 | 24.5 | 15.2 | 15.9 | 15.9 | 15.9 | 14.3 | 14.1 | 21.5 | 16.1 | 13 | 13.1 | 20.8 | 18.1 | 26.8 | 28.1 | 38.9 | 46.7 | 51.9 | 45.5 | 35.8 | 29 | 21.1 | 12.9 | 5 | 10.4 | 16.2 | 11.8 | 13.8 | 13.3 | 16.1 | 16.9 | 16.8 | 16 |
| Net margin | 10.0% | 11.4% | 8.7% | 8.0% | 8.3% | 11.6% | 9.1% | 7.0% | 10.3% | 7.8% | 6.6% | 6.6% | 9.3% | 9.7% | 14.2% | 12.8% | 15.3% | 17.9% | 20.6% | 20.6% | 19.1% | 14.8% | 11.0% | 8.8% | 5.1% | 7.1% | 9.8% | 7.4% | 9.1% | 8.7% | 9.9% | 9.7% | 10.3% | 10.1% |
| EPS (₹) | 44.89 | 42.85 | 26.50 | 27.85 | 27.81 | 27.70 | 24.95 | 24.58 | 37.61 | 28.10 | 22.74 | 22.92 | 36.24 | 31.67 | 46.85 | 49.05 | 67.90 | 81.57 | 90.57 | 79.48 | 62.60 | 50.60 | 36.85 | 22.48 | 8.75 | 18.22 | 28.37 | 20.59 | 24.09 | 23.28 | 28.17 | 29.59 | 29.31 | 27.98 |
| Net profit YoY | +61.4% | +54.7% | +6.2% | +13.3% | −26.1% | −1.4% | +9.7% | +7.2% | +3.8% | −11.3% | −51.5% | −53.3% | −46.6% | −61.2% | −48.3% | −38.3% | +8.5% | +61.2% | +145.7% | +253.5% | +615.4% | +177.8% | +29.9% | +9.2% | −63.7% | −21.8% | +0.7% | −30.4% | −17.8% | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 781 | 702 | 823 | 848 | 921 | 633 | 623 | 656 | 143 |
| Other income | 15.2 | 26.5 | 22.8 | 13.9 | 5 | 0.3 | 0.8 | 1.4 | 0.1 |
| Total expenses | 700 | 637 | 761 | 709 | 681 | 543 | 555 | 570 | 125 |
| EBITDA | 114 | 103 | 109 | 175 | 270 | 125 | 105 | 124 | 26.7 |
| EBITDA margin | 14.6% | 14.7% | 13.3% | 20.6% | 29.3% | 19.8% | 16.9% | 18.9% | 18.7% |
| Finance costs | 12.7 | 16.2 | 19.1 | 6.4 | 1.2 | 6.4 | 9.4 | 9.4 | 1 |
| Depreciation | 20.6 | 22.4 | 27.7 | 29.8 | 29.4 | 28.9 | 27.6 | 28.9 | 7.5 |
| Profit before tax | 96.2 | 91.2 | 85.3 | 152 | 244 | 90.4 | 69.1 | 86.8 | 18.3 |
| Tax | 24.6 | 25.5 | 22.3 | 40.6 | 64.1 | 22.4 | 16.9 | 23.7 | 4.3 |
| Net profit | 71.6 | 65.7 | 63 | 112 | 180 | 68 | 52.3 | 63.2 | 14 |
| Net margin | 9.2% | 9.4% | 7.6% | 13.2% | 19.5% | 10.7% | 8.4% | 9.6% | 9.8% |
| EPS (₹) | 125.00 | 114.83 | 110.00 | 195.45 | 314.21 | 118.68 | 91.27 | 110.36 | 23.98 |
| Net profit YoY | +8.9% | +4.4% | −43.7% | −37.8% | +164.7% | +30.0% | −17.3% | – | – |
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 | 228 | 129 | −138 | −79.8 | 302 |
| Investing cash flow | −62.5 | −23 | −25.9 | −3.9 | −3 |
| Financing cash flow | −84.6 | −67.5 | 42.9 | −26.4 | −21.4 |
| Capital expenditure | 62.3 | 26.6 | 50.9 | 18.4 | 8.5 |
| Free cash flow (CFO − capex) | 166 | 102 | −189 | −98.2 | 293 |
Net profit trend
annual, ₹ croreFY21
₹68
FY22
₹180+165%
FY23
₹112−38%
FY24
₹63−44%
FY25
₹65.7+4%
FY26
₹71.6+9%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Standalone | – | PDF on NSE XBRL |
| Q1 FY27 | Standalone | – | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 8 Aug 2026 | PDF XBRL |
| Q4 FY26 | Standalone · audited | 26 May 2026 | PDF XBRL |
| Q3 FY26 | Standalone | 10 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | – | PDF XBRL |
| Q2 FY26 | Standalone | 8 Nov 2025 | PDF XBRL |
| Q1 FY26 | Standalone | 8 Aug 2025 | PDF XBRL |
| Q4 FY25 | Standalone · audited | – | PDF XBRL |
| Q4 FY25 | Standalone · audited | 28 May 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 10.0×10.9×
P/B5Y avg 0.94×0.93×
ROEFY26, on average equity7.7%
Net margin9.2%
Debt / equity0.00×
Revenue CAGR (3Y)-2.7%
Profit CAGR (3Y)-13.8%
EPS (TTM)₹142.08
Market cap₹885 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.93×
vs 8-point avg 0.94× (−2%)
0.68× low0.94× avg1.17× high
History points are balance-sheet dates (2022 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,104 Cr−4%
Net worth₹954 Cr+6%
Total borrowings₹0 Cr−100%
Cash & bank balances₹168 Cr+93%
Investments₹30 Cr+107%
Inventories₹519 Cr−9%
Trade receivables₹32 Cr+22%
Trade payables₹95 Cr−35%
Change vs the same date a year earlier.
Revenue mix FY20
Textiles95.5%result ₹59.7 Cr
Windmill4.5%result ₹18.1 Cr
Segment revenue as reported, before inter-segment eliminations.