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 | 396 | 156 | 203 | 517 | 381 | 274 | 274 | 747 | 519 | 135 |
| Other income | 1.8 | 1.2 | 1.3 | −1.9 | 4.1 | 0.6 | −0.1 | 1 | 3 | 1 |
| Total expenses | 343 | 205 | 224 | 462 | 360 | 299 | 307 | 626 | 490 | 229 |
| EBITDA | 77.7 | −27 | 3.8 | 77.5 | 45.8 | 4.4 | −5.8 | 147 | 54.6 | −67.1 |
| EBITDA margin | 19.6% | -17.3% | 1.8% | 15.0% | 12.0% | 1.6% | -2.1% | 19.7% | 10.5% | -49.6% |
| Finance costs | 15 | 12.3 | 14.6 | 12.8 | 13.7 | 17.5 | 16.2 | 16.4 | 15.6 | 15.5 |
| Depreciation | 9.8 | 10.4 | 10.4 | 10.4 | 10.5 | 11.5 | 10.9 | 10.4 | 10.1 | 10.7 |
| Profit before tax | 54.7 | −48.4 | −19.9 | 52.5 | 25.7 | −24 | −32.9 | 121 | 31.9 | −92.3 |
| Tax | 14.1 | −11.2 | −7.1 | 13.5 | 5.8 | −2.1 | −8.7 | 26.6 | 10.6 | −19.8 |
| Net profit | 40.7 | −37.2 | −12.7 | 38.9 | 19.9 | −21.9 | −24.2 | 94.7 | 21.3 | −72.5 |
| Net margin | 10.3% | -23.9% | -6.3% | 7.5% | 5.2% | -8.0% | -8.8% | 12.7% | 4.1% | -53.5% |
| EPS (₹) | 1.15 | -1.05 | -0.36 | 16.46 | 8.42 | -9.26 | -10.22 | 40.03 | 9.00 | -30.66 |
| Net profit YoY | +104.1% | −70.1% | +47.3% | −58.9% | −6.4% | +69.8% | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 |
|---|---|---|---|
| Revenue from operations | 1,257 | 1,814 | 1,873 |
| Other income | 4.7 | 4.6 | 3.2 |
| Total expenses | 1,252 | 1,723 | 1,743 |
| EBITDA | 100 | 200 | 226 |
| EBITDA margin | 8.0% | 11.0% | 12.0% |
| Finance costs | 53.4 | 65.7 | 62.4 |
| Depreciation | 41.6 | 42.9 | 32.6 |
| Profit before tax | 9.8 | 96.3 | 134 |
| Tax | 1 | 26.4 | 27.4 |
| Net profit | 8.9 | 69.9 | 106 |
| Net margin | 0.7% | 3.9% | 5.7% |
| EPS (₹) | 0.25 | 29.56 | 44.94 |
| Net profit YoY | −87.3% | −34.2% | – |
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 | 97.4 | 228 | 41.4 |
| Investing cash flow | 0.7 | −29.1 | −63.3 |
| Financing cash flow | −96.5 | −199 | −0.8 |
| Capital expenditure | 7.7 | 20.7 | 45.7 |
| Free cash flow (CFO − capex) | 89.8 | 207 | −4.3 |
Net profit trend
annual, ₹ croreFY24
₹106
FY25
₹69.9−34%
FY26
₹8.9−87%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 30 Jul 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 30 Jul 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 27 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | – | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 27 May 2026 | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 6 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 6 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 12 Nov 2025 | PDF XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF XBRL |
| Q1 FY26 | Consolidated | 7 Aug 2025 | PDF XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 27.9×21.9×
P/B5Y avg 1.69×0.84×
ROEFY26, on average equity1.2%
Net margin0.7%
Debt / equity0.56×
Revenue CAGR (3Y)–
Profit CAGR (3Y)–
EPS (TTM)₹0.83
Market cap₹647 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.84×
vs 5-point avg 1.69× (−50%)
0.57× low1.69× avg4.25× high
History points are balance-sheet dates (2024 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹1,686 Cr−13%
Net worth₹769 Cr+1%
Total borrowings₹433 Cr−7%
Cash & bank balances₹34 Cr+5%
Investments₹1 Cr+0%
Inventories₹651 Cr−16%
Trade receivables₹490 Cr−13%
Trade payables₹319 Cr−41%
Change vs the same date a year earlier.