Quarterly results
standalone · as filed with NSE · Q1 FY27 back to Q4 FY25
| ₹ crore | Q1 FY27 | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|---|
| Revenue from operations | 1,217 | 1,175 | 954 | 899 | 645 | 676 |
| Other income | 42.7 | 39.1 | 42.1 | 41.8 | 28.3 | 11.7 |
| Total expenses | 1,311 | 1,314 | 1,075 | 1,095 | 851 | 922 |
| EBITDA | −33.1 | −69.6 | −72 | −133 | −134 | −172 |
| EBITDA margin | -2.7% | -5.9% | -7.6% | -14.7% | -20.8% | -25.5% |
| Finance costs | 21.6 | 18 | 19.3 | 20.8 | 24.1 | 28.5 |
| Depreciation | 38.9 | 51.8 | 30.4 | 42.6 | 48.1 | 45.2 |
| Profit before tax | −50.9 | −100 | −84.6 | −154 | −178 | −234 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | −50.9 | −100 | −84.6 | −154 | −178 | −234 |
| Net margin | -4.2% | -8.5% | -8.9% | -17.1% | -27.6% | -34.7% |
| EPS (₹) | -1.33 | -2.62 | -2.22 | -4.00 | -5.00 | -9.00 |
| Net profit YoY | +71.5% | +57.2% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 |
|---|---|---|
| Revenue from operations | 3,672 | 2,255 |
| Other income | 151 | 50.2 |
| Total expenses | 4,335 | 3,118 |
| EBITDA | −408 | −581 |
| EBITDA margin | -11.1% | -25.8% |
| Finance costs | 82.2 | 111 |
| Depreciation | 173 | 171 |
| Profit before tax | −517 | −812 |
| Tax | 0 | 0 |
| Net profit | −517 | −812 |
| Net margin | -14.1% | -36.0% |
| EPS (₹) | -13.99 | -32.00 |
| Net profit YoY | +36.3% | – |
EPS is as filed for each period and is not restated for later bonus issues or splits.
Cash flow
annual · ₹ crore| ₹ crore | FY26 | FY25 |
|---|---|---|
| Operating cash flow | 31.9 | −721 |
| Investing cash flow | −2,527 | −378 |
| Financing cash flow | 2,497 | 703 |
| Capital expenditure | 506 | 339 |
| Free cash flow (CFO − capex) | −474 | −1,060 |
Net profit trend
annual, ₹ croreFY25
₹−812
FY26
₹−517+36%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 3 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 3 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone | 4 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 2 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 10 Nov 2025 | PDF on NSE XBRL |
| Q1 FY26 | Standalone | 4 Aug 2025 | PDF on NSE XBRL |
| Q4 FY25 | Standalone | 12 May 2025 | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)-147.0×
P/B5Y avg 9.58×22.27×
ROEFY26, on average equity-33.7%
Net margin-14.1%
Debt / equity0.20×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹-10.19
Market cap₹57,290 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
22.27×
vs 2-point avg 9.58× (+132%)
7.95× low9.58× avg22.27× high
History points are balance-sheet dates (2025 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹4,722 Cr+125%
Net worth₹2,573 Cr+422%
Total borrowings₹513 Cr+14%
Cash & bank balances₹112 Cr+60%
Investments₹552 Cr+1246%
Inventories₹282 Cr+15%
Trade receivables₹8 Cr−30%
Trade payables₹830 Cr+48%
Change vs the same date a year earlier.