Your investments deserve an analyst, not a dashboard.

Quarterly results

consolidated · as filed with NSE · Q1 FY27 back to Q4 FY19

₹ 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
Revenue from operations	79.1	86.9	72.8	67.3	56.4	64.6	56.8	51.7	51.6	68	61.5	58.9	54.9	46.5	49.5	48.5	55.5	53	52.7	41.2	28.3	39.5	34.7	21.8	6.8	29.7	30.7	28.8	29.6	0
Other income	1.3	0.7	1.3	2.2	1.2	1.6	1.2	1	0.7	3.8	0	0.2	0.1	0.7	0	0.1	0.1	0.1	0.1	0	0.3	−0.2	0.2	0.2	0	−0.1	0.1	0.1	0.2	0
Total expenses	81.2	87.9	73.1	73.2	63.4	66.5	59.3	50.8	47.9	60.5	50.1	48.9	46.8	38.8	38.8	37.2	45.5	44.9	47.9	37.7	27.2	35.9	33.1	21.9	9.6	29.3	30.3	28.6	29.5	0
EBITDA	6.3	6.4	8.1	1.9	1.3	5.7	6.1	7.7	9.6	12.5	16.1	14.9	12.6	10.6	13.3	13.9	12.2	10.8	7.3	6.1	3	6	4	2.3	−0.5	2.8	2.7	2.5	2.5	0
EBITDA margin	7.9%	7.3%	11.1%	2.8%	2.3%	8.9%	10.8%	14.8%	18.7%	18.5%	26.2%	25.2%	23.0%	22.8%	26.8%	28.6%	22.0%	20.3%	13.8%	14.7%	10.7%	15.3%	11.7%	10.5%	-6.6%	9.3%	8.7%	8.5%	8.3%	–
Finance costs	3.9	3.2	4	3.6	4.3	3.6	4.5	3.6	2.9	2.4	2.1	2.3	2.2	1.3	1.1	1.1	0.7	1.1	0.9	1.1	0.6	1	1.2	1.1	1.1	1.2	1	1.1	1.1	0
Depreciation	4.4	4.1	4.3	4.2	4.1	4	4.1	3.2	3.1	2.7	2.7	2.6	2.4	1.6	1.5	1.5	1.5	1.5	1.5	1.4	1.4	1.4	1.3	1.3	1.3	1.1	1.2	1.2	1.2	0
Profit before tax	−0.7	−0.3	1	−3.7	−5.9	−0.3	−1.3	1.9	4.3	11.3	11.4	10.2	8.2	8.4	10.7	11.4	10.1	8.2	5	3.5	1.4	3.5	1.8	0.1	−2.8	0.4	0.5	0.3	0.3	0
Tax	0	0.6	0.5	−0.5	−1	−0	−1.6	1.7	1.3	2.7	2.8	2.7	2.3	2.9	3	2.9	1.7	0.8	0.8	0.4	0.1	0.1	0.2	−0	−0	−0.8	0.1	−0.3	0.1	0
Net profit	−0.7	−0.8	0.4	−3.2	−5	−0.3	0.3	0.2	3	8.6	8.6	7.5	5.8	5.6	7.7	8.5	8.4	7.5	4.2	3.1	1.2	3.5	1.6	0.2	−2.7	1.2	0.4	0.6	0.2	0
Net margin	-0.9%	-0.9%	0.6%	-4.7%	-8.8%	-0.5%	0.5%	0.4%	5.9%	12.7%	14.0%	12.8%	10.5%	11.9%	15.5%	17.5%	15.2%	14.2%	8.0%	7.6%	4.3%	8.7%	4.6%	0.8%	-40.2%	4.2%	1.4%	2.0%	0.8%	–
EPS (₹)	0.01	0.06	0.13	-0.08	-0.23	0.07	0.15	0.15	0.62	1.22	1.22	1.07	0.85	0.79	1.09	1.20	1.19	1.06	0.60	2.22	0.86	2.44	1.12	0.12	-1.93	0.88	0.30	0.40	0.16	0.00
Net profit YoY	+85.5%	−165.2%	+53.9%	−1761.1%	−263.6%	−103.6%	−96.6%	−97.5%	−47.6%	+55.7%	+12.2%	−11.2%	−31.4%	−26.0%	+81.2%	+169.7%	+588.6%	+117.2%	+167.5%	+1790.7%	+144.7%	+178.9%	+274.1%	−70.6%	−1285.6%	–	–	–	–	–

Annual results

financial years ending March · from the fourth-quarter filings

₹ crore	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19
Revenue from operations	283	225	243	200	175	103	119	100
Other income	5.3	4.5	4.1	0.8	0.6	0.4	0.3	0.3
Total expenses	298	225	206	160	158	100	118	101
EBITDA	17.6	29.2	56.2	50	27.1	11.9	10.3	6.9
EBITDA margin	6.2%	13.0%	23.1%	25.0%	15.5%	11.6%	8.7%	6.9%
Finance costs	15.1	14.6	8.8	4.2	3.7	4.4	4.4	4.3
Depreciation	16.7	14.5	10.3	6.1	5.9	5.2	4.8	3.8
Profit before tax	−8.9	4.6	41.1	40.6	18.1	2.7	1.5	−0.9
Tax	−0.4	1.4	10.4	10.5	2	0.2	−1	0.5
Net profit	−8.5	3.2	30.7	30.1	16.1	2.5	2.5	−1.4
Net margin	-3.0%	1.4%	12.6%	15.1%	9.2%	2.4%	2.1%	-1.4%
EPS (₹)	-0.12	0.68	4.36	4.28	2.27	1.74	1.74	-0.99
Net profit YoY	−364.8%	−89.6%	+1.8%	+87.1%	+552.5%	+0.4%	+275.7%	–

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	19	9.6	19.9	28.1	24.4
Investing cash flow	−23.8	−77.3	−66.7	−73	−5
Financing cash flow	3.8	68.2	47.1	45.1	−19.4
Capital expenditure	23.5	69.9	74.1	22.9	5.2
Free cash flow (CFO − capex)	−4.5	−60.3	−54.2	5.2	19.2

Net profit trend

annual, ₹ crore

FY21

₹2.5

FY22

₹16.1+552%

FY23

₹30.1+87%

FY24

₹30.7+2%

FY25

₹3.2−90%

FY26

₹−8.5−365%

Result filings

as filed with NSE · PDF and XBRL

Period	Basis	Filed	Documents
Q1 FY27	Consolidated	7 Aug 2026	PDF on NSE XBRL
Q1 FY27	Standalone	7 Aug 2026	PDF on NSE XBRL
Q4 FY26	Consolidated · audited	28 May 2026	PDF on NSE XBRL
Q4 FY26	Standalone · audited	28 May 2026	PDF on NSE XBRL
Q3 FY26	Consolidated	20 Jan 2026	PDF on NSE XBRL
Q3 FY26	Standalone	20 Jan 2026	PDF on NSE XBRL
Q2 FY26	Consolidated	8 Nov 2025	PDF XBRL
Q2 FY26	Standalone	8 Nov 2025	PDF XBRL
Q1 FY26	Consolidated	–	PDF on NSE XBRL
Q1 FY26	Consolidated	11 Aug 2025	PDF on NSE XBRL

Annual reports

NSE archive

FY267.08 MB FY257.39 MB FY24 FY23 FY22 FY21 FY20 FY19 FY18 FY17

Key ratios

P/E (TTM)-133.5×

P/B4.12×

ROEFY26, on average equity-6.2%

Net margin-3.0%

Debt / equity1.47×

Revenue CAGR (3Y)12.3%

Profit CAGR (3Y)–

EPS (TTM)₹-0.30

Market cap₹566 Cr

Computed from the filings and the last close. Market cap uses the latest share count from the balance sheet.

Balance sheet 31 Mar 2026

Total assets₹389 Cr+3%

Net worth₹138 Cr+2%

Total borrowings₹202 Cr+7%

Cash & bank balances₹0 Cr−71%

Investments₹1 Cr+10%

Inventories₹23 Cr+9%

Trade receivables₹67 Cr+3%

Trade payables₹31 Cr+5%

Change vs the same date a year earlier.

Shareholding 30 Jun 2026

%	Jun 26	Mar 26	Dec 25	Sept 25	Mar 25	Dec 24	Sept 24	Jun 24	Mar 24	Dec 23	Sept 23	Jun 23
Promoter	72.81	72.81	72.81	72.81	72.67	72.63	72.48	72.42	72.42	72.27	72.27	72.27
FII	0.21	0.21	0.24	0.21	0.31	0.24	0.24	0.23	0.12	0.00	0.00	0.00
DII	–	–	–	–	0.00	0.08	0.08	0.08	0.08	0.00	0.00	0.02
Retail	16.15	16.29	16.18	16.63	16.55	16.51	16.05	16.28	16.81	17.23	15.85	16.10
Other public	10.83	10.69	10.77	10.35	10.47	10.54	11.15	10.99	10.57	10.50	11.88	11.61

42,369 shareholders · NSE shareholding pattern filings.