Quarterly results
consolidated · as filed with NSE · Q1 FY27 back to Q4 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 | Q2 FY20 | Q4 FY19 | Q4 FY18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 11.3 | 37.4 | 10.1 | 19.4 | 9.4 | 26.5 | 9.3 | 18.6 | 7.7 | 12.9 | 9 | 14.6 | 5.8 | 5.2 | 7.9 | 13.7 | 4.5 | 2.1 | 6.7 | 6 | 5.1 | 3.8 | 3.5 | 5.3 | 3.9 | 7.1 | 6.3 | 5.4 | 0 | 0 |
| Other income | 0 | 0 | 0 | 0 | 1.5 | 0 | 0 | 0.7 | 0 | 0.3 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.4 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 |
| Total expenses | 1.2 | 7.2 | 1.2 | 2.8 | 1.5 | 5.1 | 0.6 | 1.3 | 0.7 | 3.9 | 0.8 | 1.1 | 1 | 3.6 | 1 | 1 | 0.7 | 2.3 | 0.8 | 1.1 | 0.7 | 3.2 | 1 | 1.4 | 0.9 | 2.7 | 2.3 | 1.1 | 0 | 0 |
| EBITDA | 10.2 | 30.4 | 9 | 16.6 | 8 | 21.5 | 8.8 | 17.4 | 7.1 | 9.1 | 8.4 | 13.6 | 5 | 1.8 | 7 | 12.8 | 4 | 0 | 6 | 5 | 4.6 | 0.8 | 2.6 | 4.1 | 3.1 | 4.5 | 4.2 | 4.5 | 0 | 0 |
| EBITDA margin | 90.4% | 81.1% | 89.2% | 86.0% | 85.2% | 81.3% | 95.0% | 93.6% | 92.2% | 70.8% | 92.9% | 93.0% | 85.4% | 33.9% | 89.4% | 93.9% | 88.1% | 0.8% | 90.5% | 83.9% | 88.6% | 20.1% | 75.0% | 77.3% | 81.2% | 64.2% | 67.4% | 83.5% | – | – |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0 | 0 |
| Profit before tax | 10.1 | 30.3 | 8.9 | 16.6 | 9.5 | 21.4 | 8.7 | 18 | 7 | 9.4 | 8.3 | 13.5 | 5 | 1.6 | 6.9 | 68.3 | 3.8 | −0.2 | 5.9 | 4.9 | 4.4 | 0.6 | 2.9 | 3.9 | 3 | 4.3 | 4 | 0.7 | 0 | 0 |
| Tax | 48.9 | 37.3 | 30.4 | 13.2 | 12.6 | −2.3 | 2.9 | 19.3 | 60 | 83.9 | 19.3 | 23.2 | 18.8 | 37.4 | 18.3 | 17 | 11.8 | 28.9 | 12.5 | 12.2 | 12.1 | 70 | 13.1 | 8.1 | −1.2 | 71.3 | 4.3 | 1.8 | 0 | 0 |
| Net profit | 146 | 114 | 89.4 | 40 | 38.4 | −3.3 | 7 | 36 | 183 | 250 | 57.9 | 69.3 | 56.3 | 114 | 59.1 | 51.3 | 34.8 | 85.9 | 38.1 | 40.5 | 33.2 | 208 | 38.8 | 23.7 | −3.5 | 44.7 | 27.3 | 38.5 | 0 | 0 |
| Net margin | 1294.4% | 305.1% | 884.5% | 206.4% | 407.8% | -12.6% | 75.5% | 193.9% | 2364.5% | 1935.5% | 640.4% | 474.2% | 963.6% | 2201.6% | 751.4% | 375.2% | 776.1% | 4016.2% | 570.5% | 677.3% | 645.6% | 5499.1% | 1119.8% | 448.7% | -91.4% | 633.9% | 433.7% | 710.7% | – | – |
| EPS (₹) | 38.76 | 30.33 | 23.73 | 10.61 | 10.20 | -0.88 | 1.86 | 9.56 | 48.48 | 66.43 | 15.38 | 18.39 | 14.95 | 30.29 | 15.68 | 13.62 | 9.25 | 22.82 | 10.12 | 10.74 | 8.82 | 55.23 | 10.31 | 0.63 | 0.94 | 11.91 | 7.26 | 10.22 | 0.00 | 0.00 |
| Net profit YoY | +279.8% | +3533.6% | +1178.4% | +10.9% | −79.0% | −101.3% | −87.9% | −48.0% | +224.3% | +119.3% | −1.9% | +35.0% | +61.7% | +32.7% | +55.0% | +26.8% | +4.9% | −58.7% | −1.9% | +70.8% | +1037.5% | +365.5% | +42.1% | −38.5% | – | – | – | – | – | – |
Annual results
financial years ending March · from the fourth-quarter filings| ₹ crore | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 76.3 | 62 | 42.4 | 31.2 | 19.9 | 16.4 | 22.1 | 18.2 | 1,244 |
| Other income | 1.6 | 0.7 | 0.4 | 0 | 0 | 0.5 | 0 | 1.6 | 12.6 |
| Total expenses | 12.6 | 7.6 | 6.8 | 6.2 | 4.9 | 6.5 | 6.7 | 4.5 | 1,166 |
| EBITDA | 64 | 54.8 | 36.1 | 25.6 | 15.6 | 10.6 | 16.2 | 13.7 | 94.3 |
| EBITDA margin | 83.9% | 88.4% | 85.2% | 82.0% | 78.4% | 64.5% | 73.2% | 75.7% | 7.6% |
| Finance costs | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 0 |
| Depreciation | 0.3 | 0.4 | 0.5 | 0.6 | 0.6 | 0.7 | 0.8 | 0.1 | 16.4 |
| Profit before tax | 65.3 | 55.1 | 36.1 | 25 | 15 | 10.4 | 19 | 16.6 | 77.9 |
| Tax | 93.5 | 80 | 145 | 84.5 | 65.7 | 90 | 85.6 | 21.3 | 29.4 |
| Net profit | 282 | 222 | 434 | 259 | 198 | 267 | 151 | 126 | 112 |
| Net margin | 369.5% | 358.4% | 1022.4% | 830.9% | 991.5% | 1627.3% | 684.2% | 696.5% | 9.0% |
| EPS (₹) | 74.87 | 59.01 | 115.15 | 68.84 | 22.82 | 70.89 | 38.31 | 33.57 | 29.64 |
| Net profit YoY | +26.9% | −48.8% | +67.3% | +31.1% | −25.9% | +76.5% | +19.7% | +13.3% | – |
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 | 32.9 | 21.2 | 9.1 | −0.2 | 5.5 |
| Investing cash flow | 59 | −49.1 | 18.2 | 6.9 | −26.7 |
| Financing cash flow | −0 | 0 | 0 | 0 | 0 |
| Capital expenditure | 0 | 0 | 0 | 0 | 0 |
| Free cash flow (CFO − capex) | 32.9 | 21.2 | 9.1 | −0.2 | 5.5 |
Net profit trend
annual, ₹ croreFY21
₹267
FY22
₹198−26%
FY23
₹259+31%
FY24
₹434+67%
FY25
₹222−49%
FY26
₹282+27%
Result filings
as filed with NSE · PDF and XBRL| Period | Basis | Filed | Documents |
|---|---|---|---|
| Q1 FY27 | Consolidated | 14 Aug 2026 | PDF on NSE XBRL |
| Q1 FY27 | Standalone | 14 Aug 2026 | PDF on NSE XBRL |
| Q4 FY26 | Consolidated · audited | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | 29 May 2026 | PDF on NSE XBRL |
| Q4 FY26 | Standalone · audited | – | PDF on NSE XBRL |
| Q3 FY26 | Consolidated | 13 Feb 2026 | PDF on NSE XBRL |
| Q3 FY26 | Standalone | 13 Feb 2026 | PDF on NSE XBRL |
| Q2 FY26 | Consolidated | 12 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | 12 Nov 2025 | PDF on NSE XBRL |
| Q2 FY26 | Standalone | – | PDF on NSE XBRL |
Annual reports
NSE archiveKey ratios
P/E (TTM)5Y avg 5.6×4.3×
P/B5Y avg 0.28×0.20×
ROEFY26, on average equity3.7%
Net margin369.5%
Debt / equity0.00×
Revenue CAGR (3Y)34.7%
Profit CAGR (3Y)2.8%
EPS (TTM)₹103.42
Market cap₹1,666 Cr
Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.
P/B vs history
0.20×
vs 10-point avg 0.28× (−29%)
0.14× low0.28× avg0.37× high
History points are balance-sheet dates (2021 → 2026), priced at the adjusted close on each date.
Balance sheet 31 Mar 2026
Total assets₹9,394 Cr+24%
Net worth₹8,539 Cr+24%
Total borrowings₹0 Cr
Cash & bank balances₹99 Cr+1258%
Investments₹8,764 Cr+23%
Inventories₹0 Cr
Trade receivables₹0 Cr
Change vs the same date a year earlier.
Revenue mix FY18
Automotive Components98.4%result ₹81.8 Cr
Core Investment Company1.6%result ₹13.2 Cr
Segment revenue as reported, before inter-segment eliminations.